More Iraqi News Thursday Late PM 12-30-21
More Iraqi News Thursday Late PM 12-30-21
TLM724 Administrator BondLady’s Corner
The Central Bank Of Iraq Takes A Decision To Improve The Performance Of Banks That Are Not Committed To Its Reform Plan
December 29, 2021 The Central Bank of Iraq takes a decision to improve the performance of banks that are not committed to its reform plan
The Board of Directors of the Central Bank of Iraq hosted, during its session on 12/29/2021, the President of the Association of Iraqi Private Banks and his two deputies.
His Excellency the Governor, Mr. Mustafa Ghaleb, presented the conditions of the banking sector in light of the reform plan adopted by the Central Bank in early 2021 to reform the sector and the directions of the Board of Directors to take corrective administrative measures for the purpose of compliance by some banks with the controls and instructions before proceeding with legal procedures against them.
The attendees supported this approach to ensure that the banks improve their financial conditions and avoid the effects resulting from their negative performance and its reflection on the reputation of the banking sector, despite granting them sufficient periods to improve their conditions and perform their obligations.
The Board decided to stop all banking operations and activities of these banks, while giving them a deadline of three months to improve their performance and secure the necessary liquidity to fulfill their obligations and increase their capital to the required limits.
It was stated in the Board of Directors’ decision that banks that are unable to secure what is required of them must merge with other banks, and in the event that the above is not met, the license will be withdrawn and legal measures will be taken against it. https://cbi.iq/news/view/1908
Al-Rafidain Counts The Number Of Loans Granted To Citizens
Wednesday, December 29, 2021 9:45 AM Baghdad/National News Center Today, Wednesday, Al-Rafidain Bank revealed the proceeds of loans granted to citizens since last November.
The bank's media office said in a statement received by the "National News Center", that "the loans that were granted and completed during last November amounted to 760 loans that varied between construction and restoration loans and small projects."
He pointed out that, "633 loans were granted to small projects, and 75 loans were granted for construction and restoration, and 52 loans for construction on a plot of land, amounting to 50 million dinars." https://nnciraq.com/112059/
The Private Sector Closes To Iraqis And Opens Up To Foreign Workers
2021/12/25 10:30 Number of readings 2148 Section: File and Analysis Baghdad/Al-Masala: Iraqi restaurants and hotels are laying off their cadres of local workers to be replaced by Syrian and Lebanese foreign workers.
The owners of restaurants and hotels prefer foreign workers to Iraqis, on the grounds that they are ready to work long hours and accept all jobs at low wages.
The owner of a restaurant in Baghdad says that he prefers the foreign worker to the local one to avoid the tribal and social problems that the Iraqi worker might cause in the event of any dispute.
Describing the situation of Arab labor in Iraq, Sayed Helmy tweeted that all Syrians, when they migrated to other Arab countries, became refugees and are considered second-class refugees, except in Iraq.
He said: Some Syrians have opened small projects, restaurants and sewing factories in the cities of Iraq.
The member of the dissolved Iraqi parliament, Faleh Al-Khuzai, said: I followed up on the file of foreign workers in Iraq, and the Minister of Labor and Social Affairs answered me in an official letter that his ministry does not know the number of foreign workers in the region, and the ministry was unable to implement Labor Law No. 37 of 2015.
Replacing Iraqi workers with foreign workers in the restaurants, hotels and other projects sector is a major danger point for the Iraqi economy, which has an unemployment rate of 40 percent.
The writer Haider al-Moussawi believes that the Syrian workers may have good experience in hotel matters and smooth dealing, but does this mean that the private sector in Iraq has become forbidden to Iraqis?
And it is not limited to employment only, as the number of Syrian and Arab restaurants in Baghdad and the Kurdistan region has started to increase remarkably, while Iraqi restaurants are now lacking their customers after they go to these restaurants.
Restaurants are witnessing a wide turnout from different segments of the Iraqi society looking for change.
Abu Ali, 54, says that Iraqi restaurants have become similar in what they offer, so we seek to try new foods, and this is what prompted us to go to Arab restaurants that have spread recently.
According to economists, the phenomenon of the spread of restaurant agencies and other agencies stimulates the Iraqi economy, but provided that the labor is Iraqi to reduce unemployment rates.
https://almasalah.com/ar/news/220027/القطاع-الخاص-ينغلق-على-العراقيين-وينفتح-على-العمالة-الأجنبية
The Flamingo Lands In Marsh Al-Dalamj Historical/Interesting Stuff
Thursday, December 30, 2021 204 Baghdad: Nafeh Al-Naji
At this time of every winter season, the flamingo comes with flocks of migratory birds such as plovers, Armenian gulls, pelicans, and dozens of others, as guests of the “Dalamj” marsh located between Wasit and Diwaniyah governorates, which is one of the wet areas rich in life species and herbal and biological diversity, and announced by the government Recently, a nature reserve subject to international laws and standards in order to preserve the place with a unique ecological nature.
A water surface or (Dalamj Marsh) with a geographically large area that exceeds 120,000 acres, a destination for more than two hundred species of migratory birds coming from the far reaches of China, Russia, Armenia, Africa and Latin America. Of the brown fish and the Iraqi carp, as well as the diversity of the prairie and the weeds that surround it, forming a balancing factor in the ecological and biological systems.
The Governor of Diwaniyah, Zuhair Al-Shaalan, says: “We worked hard and intensively with the Ministry of Environment, and succeeded in listing “Al-Dalamj” as an international nature reserve within the English measurements and standards.” .
He added, "The laurel has become the focus of attention and the attention of international reserves," noting that "all the laws in force that apply in general to nature reserves, will be implemented in Dilamj." Haider Anaj, official of natural ecosystems in Diwaniyah, said:
One of the fishermen told us that some fishermen bring certain drugs full of poisons and chemicals, after which he collects fifty birds or more easily and effortlessly and then leaves without realizing the consequences of what he is doing. The fisherman “Hamdan Al-Bakhit” demanded tougher laws and penalties to deter these and prevent them from destroying the pure marsh environment.
The local authorities in a number of governorates, such as Mosul, Muthanna and Diwaniyah, resorted, in cooperation with the environmental departments, to filing lawsuits against the perpetrators of poaching and prosecuting them legally.
The United Nations Environment Program and the International Union for Conservation of Nature, in partnership with the Iraqi government, continue to work on the nomination of more than eighty sites for inclusion in the list of nature reserves to preserve biodiversity and ecological balance. LINK
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