Dinar Recaps

View Original

More Iraqi News Sunday PM 9-12-21

More Iraqi News Sunday PM 9-12-21

TLM724 Administrator BondLady’s Corner

Political   Sunday 12 September 2021 | 12:27 PM| Number of readings: 123  Adviser to the President of the Republic announces the completion of all proposals to amend the Constitution

Today, Sunday, Adviser to the President of the Republic, Ismail Al-Hadidi, announced the completion of all proposals to amend the constitution, indicating that these proposals were confirmed by the Presidency of the Republic .

Al-Hadidi said: "The constitutional amendments committee, which was selected from legal and constitutional figures interested in Iraqi affairs and from all parties, as well as the governorates' contribution to the constitutional amendments process," pointing out that "this committee was formed in the Presidency of the Republic ."

See this content in the original post

He added, "The committee completed all the proposals and worked on the controversial articles. The proposals were submitted and confirmed in the Presidency of the Republic," noting that "there are other committees in the Prime Minister's Office that are interested in the same matter. "

He continued, "There must be a legislative law that goes to the House of Representatives, and this is a proposed law with the prime minister ."

On the other hand, Al-Hadidi explained, "There must be controls for the future electoral behavior of the electoral process in the October elections between the political forces and the parties concerned in this matter, and those controls shall be agreed controls to be written down ."

And he indicated that "the Presidency of the Republic is working with all seriousness to make the electoral process successful and maintain the transparency and integrity of the elections in order to produce real results far from fraud," noting that "all political forces must be involved to set controls and behavior among all parties to preserve the spirit and essence of this electoral process for its success." in the October elections . https://aynaliraqnews.com/index.php?aa=news&id22=151574

E-Government Enhances The National Economy

Sunday 12 September 2021  92  Baghdad: morning  The economic affairs specialist, Muhammad Al-Najjar, stressed that “the transition to e-government has become an imperative to advance the reality of performance within the country.”

He said: "The country's adoption of a general electronic system that enhances confidence in the national economy, and represents a real shift towards changing the shape of the country, and ends all forms of corruption, in addition to the high flow it achieves in completing daily transactions."

He pointed out that "the advanced electronic systems adopted in developed countries maintain the access of the collected funds to the public treasury, without any defect and away from all forms of manipulation that may accompany these developments." the operation".

He cautioned that «e-government accelerates the development of all areas of life and brings all investments wishing to enter the local labor market, with its advanced technologies and capital, we desperately need.she has".

Regarding the cost of this project, Al-Najjar stated that “such a project needs billions of dollars, and under the current circumstances, it is difficult to implement by fully adopting the state budget. Rather, it can be implemented by the private sector in return for money, and thus it can shorten time and do the private sector, and focus The state on the exchange that does not confuse budget".

See this content in the original post

Standard And Specification

He explained that «the application of e-government needs 1% of the number of the workforce for this project, and this means that Iraq needs

For “300,000” experts and specialists in this field, and this means new job opportunities in addition to the great benefit to the country.”

In turn, a member of the Businessmen Union, Muhammad Hamid Ahmed, stated that “e-government represents an important direction for the next stage, and it must be an important link in the series of reforms that the Iraqi government is working to adopt, to extricate the national economy from the confusion and confusion that it has been experiencing for decades, away from a clear identity.” that can be adopted to run the country. LINK

The Central Bank Holds A Workshop Between The Banking Sector And The Insurance Sector

Banks  Economy News – Baghdad  On Sunday, the Central Bank of Iraq organized a workshop for the banking and insurance sectors to twinning banking and insurance activities.

The Central Bank said in a statement received by "Al-Iqtisad News", that the workshop discussed "several axes, the most prominent of which was the reality of the insurance sector in Iraq and its contributions for the next stage in revitalizing banking and economic work, including strengthening the roles of banks in granting loans within the initiative of the Central Bank as well as its credit activity." of its resources in granting housing and personal loans, car loans, and others.

The statement added, "The workshop dealt with the importance of updating the legal provisions, instructions and controls that govern the work of banks and insurance companies in cooperation with the Central Bank of Iraq to develop the regulatory framework governing these important institutions."

Views 527 Date added 12/09/2021  https://economy-news.net/content.php?id=26280

Al-Nusairi: Private Banks Lend To Small, Medium And Housing Projects, With An Amount Exceeding 700 Billion Dinars

Banks    Economy News _ Baghdad  The adviser to the Association of Iraqi Private Banks, Samir Al-Nusairi, announced, on Sunday, that private banks loaned more than 9000 small, medium and housing projects at an amount of 717 billion dinars, in implementation of the Central Bank’s lending initiative to revitalize the economy.

See this content in the original post

Al-Nusairi said in an interview with "Al-Iqtisad News", that "private banks were able to activate the initiative and finance small and medium agricultural, industrial, commercial, service and residential projects, and that the loans granted are the private banks' share of the allocation from the Central Bank initiative, which amounts to one trillion dinars, which was implemented by 45 private banks. In addition to allocating one billion dinars to each major project that contributes to development.

He pointed out that "this initiative played an active role in revitalizing the economic cycle and creating productive job opportunities for graduates, youth and entrepreneurs, where up to 12,000 unemployed people were employed, and it is within the initiative of the Central Bank of Iraq for financing, for which six trillion dinars were allocated, distributed as one trillion to private banks and five trillion to specialized government banks."

He added that the Central Bank launched several new initiatives in 2021 to lend local employees their salaries in government and private banks, as well as to citizens in the field of residential, real estate and personal lending at interest rates and appropriate payment periods.

He explained that the bank issued new instructions to reduce all the interests of housing loans and small and medium projects, in the manner of diminishing interests, for the purpose of supporting these projects and motivating young people to work, contribute to development and stimulate the economy.

Number of views 150, date added 12/09/2021  https://economy-news.net/content.php?id=26270

US Ambassador: Washington Seeks To Support The Private Sector In Iraq

Political | 01:54 - 12/09/2021  Baghdad - Mawazine News  The US ambassador to Baghdad, Matthew Tueller, revealed, on Sunday, his country's desire to support the private sector in Iraq.

US Ambassador to Iraq Matthew Tueller said in a statement to a number of media outlets, including (Mawazine News), that "our participation in the conference to launch the results of the small and medium enterprises survey for the governorates (Baghdad, Nineveh and Basra), to shed light and focus on field survey efforts, launch small and medium enterprises and highlight A light on empowering women.

Toller added, "There is tremendous energy among the Iraqi youth, and we seek to remove obstacles and develop and develop the private sector to serve the Iraqis." Ended 29/A43

https://www.mawazin.net/Details.aspx?jimare=167138

 

To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

See this content in the original post