More Iraqi News Sunday PM 9-6-20
More Iraqi News Sunday PM 9-6-20
TLM724 Administrator BondLady’s Corner
Refer The 2020 Budget To The Council Of Ministers ... And This Is The Most Prominent Of Its Contents
Time: 09/06/2020 08:54:00 Read: 15,938 times {Baghdad: Al Furat News} The Ministry of Planning referred the 2020 budget to the Council of Ministers for approval, and then referred it to the House of Representatives for approval so that the borrowing law could be approved in order to release the entitlements of employees and citizens for the remaining months of the current year, confirming work with the relevant authorities to prepare the 2021 budget
Undersecretary of the Ministry Maher Hammad said in a press statement that "the federal financial budget for the current year 2020 that the Ministry of Finance sent to the Council of Ministers last Wednesday is the same budget that was prepared earlier and contains a financial deficit estimated at 80 trillion dinars, and was based on a total amount estimated At 146 trillion dinars. "
A promise to send the budget is necessary in order for the House of Representatives to approve the borrowing law, which will contribute to providing salaries for employees and citizens' entitlements for the remaining months of the current year, stressing that the budget has not undergone any change, and it also contained the launch of bonuses and promotions for all employees, indicating that the available job grades for assignment to Retirement, was added to the federal budget for 2021. "
Hammad revealed that "the ministries of planning and oil, in addition to the Central Bank, the Customs Authority and the Public Debt Department, are currently reviewing the sums that could be supplied to the 2021 budget, which now lacks the existence of final figures." LINK
The Dollar Continues To Stabilize In Iraq
Time: 09/06/2020 09:29:42 Read: 3,575 times {Baghdad: Al Furat News} Today, the foreign currency markets in Iraq recorded a stable exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar in exchange companies and offices were as follows:
The selling price of one dollar was 1235 dinars, or 123 thousand and 500 dinars per hundred dollars.
The purchase price of the dollar is 1225 dinars, or 122 thousand and 500 dinars per hundred dollars.
Parliamentary Finance: Parliament Will Not Allow The Renewal Of Borrowing
Money and business Economy News _ Baghdad The Parliamentary Finance Committee confirmed, on Sunday, that the general budget for the next year did not reach the House of Representatives, while it indicated not to allow renewal of borrowing.
The head of the committee, Haitham al-Jubouri, said in an interview followed by Al-Iqtisad News.
Al-Jubouri added, "It is assumed that the government will find solutions other than borrowing to increase its revenues through non-oil revenues, such as customs taxes and the collection of services, fees and other chapters."
The Parliamentary Finance Committee revealed, earlier that the Budget Committee at the Ministry of Finance has begun preparing a draft budget for the next three years, while it indicated that it is awaiting the arrival of the draft budget for the current year 2020.
Number of observations 103, date of addendum 09/06/2020 https://economy-news.net/content.php?id=21745
America Reveals The Amount Of Oil Imported From Iraq During The Month Of August
Energy Economy News _ Baghdad The US Energy Information Administration announced today, Sunday, that Iraq's exports to America amounted to 767 thousand barrels during the month of August.
The administration said during a schedule seen by "Al-Iqtisad News", that Iraq ranked fifth after Canada, Mexico, Saudi Arabia and Ecuador, and ranked second in the Arab world.
And she added, "Iraq exported 355 thousand barrels of crude oil to America during the first week of August, while no oil was exported in the second week, and the quantities in the third week reached 197 thousand barrels," noting that "the fourth week witnessed the export of a quantity 215 thousand barrels. ”
Number of observations: 136, date added: 09/06/2020 https://economy-news.net/content.php?id=21743
Qubad Talabani in Baghdad to solve problems with the federal government
Sunday 06th September 2020 121 Baghdad - Erbil: Sundus Abdel Wahab Politicians described the visit of the President of the Kurdistan Region, Nechirvan Barzani to Baghdad and Turkey as successful, and is in the interest of Baghdad and the region, while the Kurdistan Regional Government announced that a high-level delegation headed by the Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, will arrive in the coming days to the capital, Baghdad, in order to complete the discussions that were held at a specific time. Previous and solve the outstanding problems between the Baghdad government and the region.
The official spokesman for the region’s deputy prime minister, Samir Hawrami, said in an interview with “Al-Sabah”: “The visit, which was scheduled for today and postponed for the coming days, comes in order to complete the discussions on matters, obstacles, and outstanding problems between the two governments regarding the budget file and the region’s share of the budget. the public".
He added that «the federal government is in the process of formulating a draft budget for 2021, and we aim, through continuous meetings and meetings, to fix the financial dues for the region in the draft general budget before sending it to the Iraqi parliament and approving it. .
Hawrami indicated that «the outstanding problems with the federal government include political and legal problems, and in the political affairs, there is a movement and convergence of views on the part of the two parties to deal with them and reach a consensus and a solution to them. With regard to legal problems, the regional government is bound by the constitution and the provisions it contains regarding the region in terms of the budget and the issue of oil, as well as issues related to the crossings and border crossings ». LINK
Baghdad Hosts A Kurdish Delegation To Discuss The Region's Share In The 2021 Budget
Spokesman for Deputy Prime Minister Samir Hawrami
Money and business Economy News – Baghdad The Kurdistan Regional Government revealed, on Sunday, an upcoming visit of a high-level Kurdish delegation to Baghdad, to install financial dues in the draft budget for 2021, while the Kurdistan Democratic Party stated that the visit aims to solve all outstanding problems with the federal government.
The spokesman for the Deputy Prime Minister, Samir Hawrami, said in statements followed by Al-Iqtisad News that it is likely that a delegation headed by the Deputy Prime Minister of the Kurdistan Regional Government, Qubad Talabani, will visit the capital, Baghdad, to discuss the outstanding problems in the issue of the budget.
He added that "this visit will complement the previous meetings, and its aim is to stabilize the financial dues for the Kurdistan region, in the draft federal budget for the year 2021."
As the deputy of the Kurdistan Democratic Party, Sherwan Dubardani, said, "The delegation will be accompanied by a number of officials, especially those responsible for the files related to the visit, such as the oil and gas file, employee salaries, outlets, peshmerga salaries, and the file of the disputed areas."
He pointed out that "these problems remained pending with Baghdad, and the regional government has shown its willingness to solve these problems in light of the Iraqi constitution."
He continued, "We hope, through the delegation's visit, to reach an agreement in order to fix the paragraph of the region’s share and entitlements in the federal budget, so that these problems do not recur, and that the issue of the budget and the salaries of employees in the region be kept away from political issues and the problems of the region and the federal government in the future."
And that "the personnel file, the oil file, and the ports file, all will be submitted in a transparent manner to the federal government, in order to end all these problems in cooperation with Baghdad."
He continued, "As for the remaining months, the agreement is as happened in the 2019 budget, as Baghdad sends the agreed amount for salaries, which covers 51 percent of the employees' salaries, and the rest of the region pays it from internal resources and sells oil."
Number of observations 120 Date added: 09/06/2020 https://economy-news.net/content.php?id=21739
The Speaker Of Parliament Receives The US Ambassador
09/06/2020 Today, Sunday, the Speaker of the House of Representatives, Muhammad al-Halbousi, received the US Ambassador to Iraq, Mr. Matthew Tueller.
The meeting discussed bilateral relations between the two countries, enhancing strategic cooperation and coordination in all fields according to mutual interests. The meeting also discussed a number of issues of common interest.
For his part, the American ambassador expressed his country's commitment and keenness to consolidate frameworks for joint cooperation with Iraq, and to support it in a way that achieves the aspirations of its people for prosperity and stability.
The Media Office of the Speaker of Parliament, 6 September 2020 LINK
The American Ambassador Confirms To Halbousi His Country's Commitment To Cooperation With Iraq
Local news Sunday 6 September 2020 | 01:52 PM| Views: 112
On Sunday, the US ambassador to Baghdad, Matthew Tueller, affirmed his country's commitment and keenness to consolidate frameworks for joint cooperation with Iraq.
The office of Parliament Speaker Muhammad al-Halbousi stated, “The latter received, today, the US ambassador to Iraq, Matthew Toller, and discussed bilateral relations between the two countries, and the strengthening of strategic cooperation and coordination in all fields according to mutual interests. The meeting also discussed a number of issues of common interest.”
For his part, the American ambassador expressed his country's commitment and eagerness to consolidate frameworks for joint cooperation with Iraq, and to support it to achieve the aspirations of its people for prosperity and stability. https://aynaliraqnews.com/index.php?aa=news&id22=138234
Economist: Bank Loans Burden The State And The Citizen At The Same Time
08:30 - 06/09/2020 The information / special between the economist, Wissam Al-Tamimi, said that the situation and the banking system need to be rehabilitated and to move away from the large benefits when granting loans, pointing out that the loans released by the banks burden the state and the citizen at the same time.
Al-Tamimi told "the information", that "most citizens resort to banks in order to borrow, while most of these loans are granted to employees, which will create class differences between members of society."
He added, "The banking system needs to be rehabilitated, so that it works to attract the money inside the homes by granting profits and interest on the money deposited in banks, as well as the state benefiting from these funds in filling its budget deficit, thus achieving the benefit for the citizen and the state at the same time."
And that "the loans released by the banks are straining the shoulders of the state, and that the citizen because of the depletion of the budget, and also imposed great interest up to 50%, despite the fact that the repayment period is relatively large." 25 n https://www.almaalomah.com/2020/09/06/493530/
Deputy: The Government Is Unable To Recover The Smuggled Money
A member of the Parliamentary Integrity Committee, Alia Nassif, said today, Sunday, September 6, 2020, that the government is not leaders in retrieving the money smuggled outside Iraq, for many reasons.
Nassif stated in a press statement, "From the political side, there is no ability for the government to retrieve the smuggled money, in light of the presence of a number of countries in the region and the world that do not cooperate with them in this regard, because of their anger at the Iraqi political project and the lack of a unified Iraqi diplomacy and a unified decision to retrieve these funds." .
Nassif added, "From the legal side, there is no clear cooperation from Interpol, except that is rare, and the internal legal procedures are complex and difficult compared to the procedures required by Interpol in order to prosecute the theft of Iraqi public money."
She pointed to the difficulty of coordinating with international organizations that are linked to the policies of their governments and are a striking hand for these policies, indicating that "there is evidence, as the United Nations Organization wanted to issue decisions against figures involved in smuggling Iraqi money and involved in terrorism, and Iraq demanded the protection of the economic and financial system, it was not." The organization is cooperating. " https://www.radionawa.com/all-detail.aspx?jimare=21830
International Coalition: Outlaws Are Targeting Our Forces In Iraq
The spokesman for the International Coalition in Iraq, Colonel Miles Caggins, said that outlaws are the ones who target the international coalition forces, and those outside the Iraqi state system, and there is an investigation that the Iraqi government is conducting about how to finance and supply them with weapons.
Caggins said, in a televised interview, that "the missiles that target the American embassy are falling on citizens' homes and not on the embassy, and one of the Katyusha rockets landed a few days ago on the house of an Iraqi counterterrorism officer, causing its demolition." Military forces for the Iraqi and coalition forces, and the Iraqis who transfer them are killed just because they do so. "
He added, "It is the responsibility of the Iraqi government to provide protection to the coalition forces, and it has declared its commitment to that, and we are able to protect ourselves, but we believe in the ability of the Iraqi forces to provide protection." To any country in the region. "
The coalition spokesman confirmed, "There are no special and exclusive bases for the international coalition forces in Iraq, but rather they are located in bases with the participation of Iraqi forces, and we withdrew from 5 bases this year." https://www.radionawa.com/all-detail.aspx?jimare=21826
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