Iraqi News Saturday AM 10-30-21
Iraqi News Saturday AM 10-30-21
TLM724 Administrator BondLady’s Corner
An Economist Stresses The Need To Form A Government And Achieve Political Stability To Support The Economy
Saturday 30 October 2021 09:35 | EconomicNumber of readings: 322 Baghdad / NINA / - Economic expert Safwan Qusay stressed the need to form a government to achieve political stability that attracts local, regional and international investments, stressing the need to use economic minds to save Iraq from economic collapse and rebuild its infrastructure.
Qusai said in a statement to the National Iraqi News Agency ( NINA ): "Political stability is one of the most important indicators to support the process of attracting local, regional and international investments, and the speedy crossing of the curve of political disputes to form a government with full powers before the end of the year will support the approval of the federal budget for the fiscal year."
Coming at the appropriate time, and this means the initiation of faster steps in the process of comprehensive reform." He pointed out: "The building of the democratic system in Iraq is of great importance, to consolidate the right of everyone to participate and not be alone in making decisions, and this requires preparing the program of the next government in a transparent manner with specific quantitative and descriptive goals and relying on competencies in transforming slogans into achievements, and then everyone will be the winner." Otherwise, everyone will be the loser."
The economic expert called to "make all efforts to complete the formation of the government of the economy, because Iraq needs creative minds that pull it towards safety and prosperity." / End 8
https://ninanews.com/Website/News/Details?key=936026
Oil Announces The Outcome Of Associated Gas Production During Last September
Energy Economy News _ Baghdad The Ministry of Oil announced, on Saturday, that the production of associated gas during last September rose to 2,879 milligrams per day, while it indicated that 1,507 milligrams were burned per day.
The ministry stated in a statistic published on its official website and seen by "Al-Iqtisad News", that "the production of associated gas by oil companies throughout Iraq for the month of September rose to 2,879 per day," noting that "the burned amounted to 1,507 per day."
She added that "the North and Central Oil Company's production of associated gas amounted to 348 mmqm per day, and the burned amount amounted to 115 mmqqm per day, while the production of associated gas from Basra, Dhi Qar and Maysan oil amounted to 2531 mmqm per day and the burned 1392 mmqm per day."
The ministry pointed out that "Iraq's production of dry gas amounted to 1,317 cubic meters per day, while the production of liquid gas reached 5571 tons per day."
According to the preliminary estimates of the Ministry of Oil, Iraq has an estimated reserve of 124 trillion cubic feet of gas, as about 70% of Iraqi gas is associated with the extraction of oil for processing, and Iraq ranks 11th among the world's natural gas-rich countries and the fourth in the Arab world.
Views 122 Date added 10/30/2021 https://economy-news.net/content.php?id=26675
A New US Military Grant To The Iraqi Army
Posted On 2021-10-30 By Sotaliraq The US Army is preparing to deliver a new military grant to Iraq that is being prepared to be delivered soon through the Kuwaiti-Iraqi border with the aim of developing the capabilities of the Iraqi security forces.
The grant includes Humvee armored wheels, medium transport trucks, {M-4} rifles, light-caliber rifle ammunition, military clothing, and body armor.
Note that this grant is part of the Counter-ISIS Training and Equip Fund Program that the United States has implemented since 2014 and is funded through the Pentagon's budget for Operation Inherent Resolve.
Equipment inspections are conducted in Kuwait before being sent to Iraq. LINK
Iraq Tops The List Of Countries In The Region In Importing Grain From Turkey
Money and business Economy News _ Baghdad The value of Turkish exports of grains, legumes, oilseeds and their derivatives, in the first nine months of this year, exceeded $6.4 billion, registering an increase of 22 percent.
According to information collected by Anatolia from the data of the Southeast Anatolian Exporters Association, Turkey exported 7 million and 753 thousand tons of grains, legumes and oilseeds to 213 countries and free zones.
The sector's exports in the first nine months of the year amounted to $6.422 billion, an increase of 22 percent compared to the same period last year.
Oilseeds topped the list with a value of $909 million, an increase of 36 percent.
The countries of the Middle East region came first with 2.529 billion dollars, with Iraq topping the rankings with one billion and 95 million, then Syria with 392 million, while the United States came third with 365 million dollars.
Views 49 Date added 10/30/2021 https://economy-news.net/content.php?id=26676
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