More Iraqi News Monday PM 9-28-20
More Iraqi News Monday PM 9-28-20
TLM724 Administrator BondLady’s Corner
Minister Of Oil: The National Oil Company Is A Promising National Project That Supports The National Economy
Energy Economy News _ Baghdad Oil Minister Ihsan Abdul-Jabbar Ismail stressed, on Monday, the importance of legislating the Iraqi National Oil Company law in developing the oil industry, and strengthening national capabilities in managing and implementing strategic policies for the advancement of the oil industry.
Ismail said during his presidency of a meeting that included the Undersecretary for Liquidation Affairs Hamid Yunus and a number of officials in the Basra Oil Company, "The government and the ministry are keen on building national capabilities in managing oil wealth and in maximizing Iraq's financial resources through optimal investment of oil and gas wealth on solid technical and economic foundations. And rewarding, "noting that" the ministry is working to implement procedures for establishing this company to be a promising national project and supportive of the national economy. "
He stressed the need to accelerate the implementation of the planned infrastructure projects, including projects to increase treasury and export capacities and capacities, and the seawater project, which contributes to the perpetuation of the production process of crude oil.
Number of observations 95 Date added 09/28/2020 https://economy-news.net/content.php?id=22017
In The Financial Document, A Draft Law On Financing Domestic Borrowing Is Presented To The Government To Bridge The 2020 Deficit
Time: 09/28/2020 Read: 4,992 times {Baghdad: Al Furat News} The Ministry of Finance presented, to the General Secretariat of the Council of Ministers, a draft law on financing domestic borrowing to finance the 2020 deficit.
In the document sent to the General Secretariat of the Council of Ministers, the Euphrates News Agency obtained a copy of it bearing the title of a draft law on financing domestic borrowing to finance the fiscal deficit for the year 2020, justifying that by withdrawing the budget law from the parliament by the government.
The Ministry of Finance indicated in a statement today that it is currently preparing a detailed road map to finance basic expenditures for the remaining three months of the current year, "which we will soon present to the House of Representatives," explaining that "this plan includes increasing the ministry's ability to borrow internally," Once approved, we could start securing government salaries completely. "
On Tuesday, the government withdrew the 2020 budget bill from Parliament, one day after it was delivered for the purpose of discussion and approval, according to what the Parliamentary Finance Committee announced.
Earlier, the Minister of Finance, Ali Abdul Amir Allawi, ruled out approving the general budget for the year 2020, confirming the trend towards borrowing. Borrowing from the World Bank to address the financial crisis. "LINK
The Ministry Of Finance Sends A New Draft Of The Internal Borrowing Law To The Cabinet Secretariat Asking For It To Expedite Its Legislation
Monday 28, September 2020 16:00 | EconomicalViews: 65 Baghdad / NINA / The Ministry of Finance has sent a new draft of the draft law on financing local borrowing to finance the fiscal deficit for the year 2020, to the General Secretariat of the Council of Ministers requesting the speedy legislation. / End 5 https://ninanews.com/Website/News/Details?key=859489
Economic Committee: Lack Of Control Over The Region's Ports, Behind Which There Are Agreements Between Baghdad And Erbil
08:30 - 28/09/2020 Information / private. A member of the Parliamentary Economic and Investment Committee, Nada Shaker Jawdat, indicated that the current government’s lack of control over the region’s outlets and its economic gates stands behind agreements between the governments of Baghdad and Erbil .
"The corruption that exists in the provinces is greater than what is found in Kurdistan, and despite the corruption in the region, but it worked to develop its provinces, unlike other provinces," Judeh said.
She added that "the current government will not be able to impose its control over the border crossings and economic doors in the region, as there are prior agreements between the two governments."
It indicated that "the government, and in the event that the region’s funds are met and control of the border crossings are imposed, the President of the Republic, Barham Salih (will not be silent), especially as he obtained the region’s shares in (Al-Murabba).” https://www.almaalomah.com/2020/09/28/497301/
After The News Of His Departure From Erbil ... A Statement Confirming The Presence Of The American Ambassador In Baghdad
Monday, 28 September 2020 1:01 PM SHARE ARTICLE: Baghdad / National News Center - The US ambassador to Baghdad, Matthew Tueller, confirmed, on Monday, his country's continued support for the Iraqi government in the areas of security and combating terrorism, and assistance in overcoming current challenges.
A statement by the Office of the National Security Adviser, Qassem Al-Araji, the National News Center received a copy of, stated that the latter “received, this morning, the American ambassador in Baghdad, Matthew Tueller.”
The statement added, "During the meeting, they discussed strengthening joint cooperation between Iraq and the United States of America in all fields, and ways to develop the growing relationship between Baghdad and Washington."
The American ambassador affirmed, "His country's continued support for the Iraqi government in the areas of security and combating terrorism, and assistance in overcoming current challenges."
For his part, Al-Araji indicated to the US ambassador, "The current stage must witness more stability and calm, so that the region and the world can enjoy security and stability."
Yesterday, Sunday, media outlets reported that US Ambassador Matthew Tueller had left for the consulate in Erbil. https://nnciraq.com/41842/
Crisis Facing Al-Kazemi: Pompeo Threatened To Close The US Embassy ... And A Prelude To Air Strikes Against Militias
Follow-up Monday, September 28, 2020 11:43 AM The United States of America gave the Iraqi authorities a last chance to protect its embassy in the capital, Baghdad, after the militia attacks loyal to Iran fired Katyusha rockets at the American embassy.
After the American warning to Iraq that the United States of America will close its embassy in Baghdad if the Iraqi government does not move to stop the Iranian-backed militia attacks against the Americans, amid news of an imminent US decision to close the Washington embassy in Baghdad.
The US Secretary of State, Mike Pompeo, presented a series of demands to Prime Minister Mustafa Al-Kazemi to avoid closing the US embassy in Baghdad, and Mike Pompeo gave Mustafa Al-Kazemi a deadline to implement Washington’s demands before closing the embassy.
And the United States of America, Mustafa Al-Kazemi, offered a last chance to deter the factions targeting its embassy, and according to Al-Arabiya sources, Pompeo's deadline for the Iraqi leadership will expire on Monday.
This comes at a time when American sources in Iraq announced that they have information about a plan to storm the embassy and take hostages from it, while the Iraqi government will clear the Green Zone of all security forces except for the Special Division.
It is reported that Mike Pompeo secretly warned the Iraqi authorities this week that the United States will close its embassy in Baghdad if the Iraqi government does not move to stop Iranian-backed militia attacks against Americans.
According to foreign reports, this request will create a major crisis for Mustafa Kazemi, who until now was a favorite of the administration of US President Donald Trump, as the Prime Minister wants to rein in the pro-Iranian militias, but not in a process that leads to a political disaster in his country.
Observers confirmed that if Pompeo carried out his threat and closed the embassy to protect the Americans, Iran and its allies might claim a major propaganda victory, but the closure may also be a prelude to intense US air strikes against the militias.
They indicated that Iraq is the place where the confrontation between the United States and Iran could explode in the next few weeks, creating an October surprise "before the US presidential elections.
Iran was cautious about provoking the administration of the US President directly in the campaign season, preferring to work on the Iraqi battlefield that can be denied, and Pompeo has now made that covert campaign more difficult, which increases the possibility of open conflict, and confrontation poses potential dangers in every direction LINK
To read more current and reliable Iraqi news please visit BondLady’s Corner: