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More Iraqi News Thursday PM 8-12-21

More Iraqi News Thursday PM 8-12-21

TLM724 Administrator BondLady’s Corner

Alia Nassif: Political And Parliamentary Parties Formed The National Oil Company (In Secret)

Thursday 12 August 2021  political Number of readings: 349   Baghdad / NINA / - The Parliamentary Integrity Committee revealed that governmental and political bodies and a parliamentarian formed the National Oil Company (secretly) without the approval of the legislative authority and without including it in the general budget.

Committee member MP Alia Nassif indicated to the issuance of serious administrative orders that include legal violations, calling on the Public Prosecution to intervene and prevent manipulation of the people's wealth because the legislative authority is currently suspended.

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Nassif said, in a press statement, that "political parties (Shiite and Sunni) secretly shared the oil and proceeded to form the National Oil Company after a meeting that took place between an important figure in the Ministry of Oil and a Sunni parliamentary figure at (11:45) at night in the parliamentarian's house."

She explained, "This parliamentarian is in agreement with a Shiite political bloc, and today we were surprised by the issuance of suspicious secret orders despite the lack of an amendment to the National Oil Company law. , as she put it.

She added that "the books issued to make the oil companies fall under the National Company included giving the profitable companies to the first deputy and the executive director, and the losing and inactive companies were given to the Undersecretary for Extraction Affairs," calling on the Public Prosecution to intervene and prevent manipulation of the people's power and stop the violations that take place in the Ministry of Oil and cancel all orders. Administrative issued regarding the National Oil Company.”/ End 5

https://ninanews.com/Website/News/Details?Key=920968

Parliament Proposes Approving $55 Per Barrel Of Oil In The 2022 Budget

Energy   Economy News - Baghdad The Parliamentary Finance Committee proposed a price of 55 dollars per barrel of oil as an appropriate price for building the 2022 budget.

Committee member Jamal Cougar said, in a statement reported by the official “Al-Sabah” newspaper and seen by “Economy News”, that “calculating next year’s budget on $50 a barrel is a good thing, and if I were the Minister of Finance, I would have built the budget on $55 a barrel, as it is a very appropriate price, especially It is not possible to predict oil prices, as there was a fall after a rise.”

He added, "We expect an increase in prices with the intensive vaccination campaign (against Corona) in all countries of the world, and this means that we are moving towards the decline of the epidemic."

He continued, "Oil prices today are more than what the 2021 budget was based on due to the fear that prices are subject to decline according to the markets."

And the member of the committee stated, "Realistically building the 2022 budget - according to the statements of the Minister of Finance - is good because the 2021 budget was exaggerated and even the expenditures were large, as it was reduced from 168 trillion to 130 trillion, and the government has not yet spent this amount either."  Views 58 Date added 12/08/2021   https://economy-news.net/content.php?id=25945

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Parliamentary Foreign Affairs To NINA: The Agenda Of The Baghdad International Summit Is Not Limited To Political Files

Thursday 12 August 2021 12:16 | politicalNumber of readings: 400  Baghdad / NINA / - The Parliamentary Relations and Foreign Affairs Committee revealed the agenda of the Baghdad International Summit to be held, before the end of this month, with wide international and regional participation.

Member of the committee, Representative Muthanna Amin, said in a statement to the National Iraqi News Agency ( NINA ): "Iraq can play the role of the political mediator and the geographical axis between neighboring countries, especially Iran and Saudi Arabia, so Iraq seeks to bridge the gap of conflict between the two neighbors."

He added, "Iraq's political and economic interests require balanced relations and regional stability," noting: "Convening a summit of neighboring countries in Iraq frames a new vision for regional peace, economic stability, and a humidification of the atmosphere among the countries of the region, and it is an Iraqi interest that takes priority before being the interest of any other country." ".

He explained: "Iraq plans to use the regional and international role to deal with sensitive and important files related to security and services, as well as combating corruption, and therefore it is not necessary that the agenda of the Baghdad summit is only political files."

Government preparations continue to hold the Baghdad International Summit before the end of this August, with the participation of more than 13 Arab and foreign countries, including the neighboring countries of Iraq, Egypt, Qatar and the UAE, in addition to the United States of America, Britain and France./End of 5 https://ninanews.com/Website/News/Details?Key=920978

The Customs Authority Begins Implementing A Plan To Combat Smuggling

Money  and business  Economy News – Baghdad  On Thursday, the General Authority of Customs announced the start of implementing a plan to combat smuggling in customs areas.

A statement by the authority, seen by "Al-Iqtisad News", stated that "a plan developed by the authority has begun to activate the role of the investigation and anti-smuggling departments in all customs areas and under the direct supervision of the director general of the authority."

The statement added, "The plan comes to meet the challenges at the current stage and in order to advance customs work and confront smuggling of all kinds, which will be directly reflected in the protection of the country's economic and financial policy, and by providing the state treasury with customs revenues, as well as protecting the local product and preserving the safety of citizens from Substances unfit for human consumption.

He continued, "The Department of Investigation and Combating Smuggling in the Central Region Customs Directorate and the Northern Region Customs Directorate has begun expanding their scope of work through field controls, including the control of Mosul Dam and the control of the Kirkuk detachment."

And he stressed, that "several consignments were seized, including (construction equipment (cracker), mobile phone devices, powdered milk, communication towers and alabaster), in violation of the controls and instructions in force in accordance with Customs Law No. 23 of 1984.

Views 147 Date Added 12/08/2021   https://economy-news.net/content.php?id=25952

Al-Rasheed: Inclusion Of New Segments Of Employees For The Purpose Of Promoting Their Retirement Transactions

Banks  Economy News – Baghdad Al-Rasheed Bank decided, on Thursday, to include new segments of employees for the purpose of promoting their retirement transactions.

The media office said in a statement seen by "Al-Iqtisad News", that "the cases mentioned below were included:

Employees referred to retirement at the employee's request

An employee who has been retired for health reasons

The resignation is outside the employee’s will and he has had a service of no less than (25) years.”

He added that "the decision includes bank employees as well as employees of state departments from the borrowers."  Views 84 Date Added 12/08/2021  https://economy-news.net/content.php?id=25955

 

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