More Iraqi News Tuesday Evening 3-22-22
More Iraqi News Tuesday Evening 3-22-22
TLM724 Administrator BondLady’s Corner
Iraq Exported 15.43% Of Its Oil To Europe
Energy Economy News – Special During the month of February, Iraq exported 15.43% of its oil to 6 European countries. According to the Analysis and Monitoring Unit of Economy News, Iraq exported 21.61 million barrels to 6 European countries from the south of the country, with the exception of the Kurdistan region.
The most importing countries of Iraqi oil from the south of the country are Turkey 9.1 million barrels, Italy 5.1 million barrels, Greece 4.25 million barrels, the Netherlands 2.05 million barrels and France 1.01 million barrels. Views 93 Date Added 03/22/2022 https://economy-news.net/content.php?id=27334
The Experience Of Private Banks In Community Service (Tamkeen Fund As A Model) * Sameer Al-Nusairi
The Community Initiatives Fund (Tamkeen) is preparing for the days leading up to the blessed month of Ramadan by preparing to implement a wide program in this holy month. The most important thing in the program is to finance the distribution of 18,000 food baskets to needy families in Baghdad and all governorates in coordination with youth volunteer teams under the supervision of the Central Bank and the Association of Banks Iraqi special.
These events come in order for the Tamkeen Fund to crown its various activities and events during the past and continuing nucleus to serve development and society .
The Community Initiatives Fund “Tamkeen” was established to achieve the economic and societal objectives of the Central Bank of Iraq contained in Law 56 of 2004, which include achieving economic stability and promoting sustainable development and community service.
This is achieved with the community’s economic, humanitarian and cultural support, through the initiatives provided by the Central Bank, banks and supporting authorities to achieve the economic and societal goal at the same time and support the humanitarian cases of citizens, in light of the complex and accumulated critical economic conditions that the country has witnessed.
Because of the decline in public services provided, as well as because of the drop in oil prices, on which the Iraqi economy depends almost mainly. The spread of the Corona pandemic .
The Community Initiatives Fund "Tamkeen" is financed through monthly subscriptions from Iraqi private banks, exchange companies, and electronic payment companies, and these funds are deposited in an independent account within the Central Bank of Iraq, and they are spent through a specialized committee whose membership includes the Central Bank, banks and the Organizations Department in the General Secretariat of the Council of Ministers .
The importance of the “Tamkeen” Initiatives Fund stems from its endeavor to support the community through: reviving the social and economic situation , employing manpower, empowering youth and supporting humanitarian, cultural, community, technical and environmental cases.
The total number of initiatives supported by the "Tamkeen" Fund since its inception until now has reached hundreds of economic, humanitarian, cultural and societal initiatives. The initiatives depended on supporting and developing Iraqi youth in various educational, service, health and other sectors. and highlight
The areas in which the Tamkeen Fund contributed are :
1 - Humanitarian and social cases .
Which increased in the past years as a result of economic and social conditions .
2 ‐ Social Domains
Supporting the education sector .
3 ‐ Environmental Protection
Combating desertification in cooperation with the Ministry of Agriculture .
Launching the "Initiative to Combat Desertification". It is an initiative that includes planting two million seedlings in all governorates of the country that suffer from this problem, while equipping the cultivated areas with drip irrigation networks .
4 ‐ The support provided to culture, media and the arts. The most prominent cultural project is the completion of the rehabilitation and development of Al-Mutanabi Street (the heart of Iraqi culture ).
5- Financing economic , development and reconstruction projects .
* Economic and banking consultant
Views 171 Date Added 03/22/2022 https://economy-news.net/content.php?id=27333
The United Nations Invites Iraq's Neighbors To Discussions On Water Sharing And Management
Economie| 09:52 - 03/22/2022 Baghdad - Mawazine News, today, Tuesday, the United Nations warned of the challenges facing the country due to the shortage of water, while calling on its neighboring countries to engage in meaningful discussions on water sharing and resource management.
In a message for World Water Day, the United Nations Representative in Iraq, Jeanine Hennis-Plasschaert, said that "in Iraq, the availability and proper management of water resources are of particular importance. Last month, I visited the swamps of Mesopotamia in the south, and witnessed first-hand the many challenges that Iraq faces."
"Reduced rainfall, water shortages, soil and water salinization, inefficient resource management, and population growth have all taken their toll across the country. In addition to climate change, the active decline in water flows from neighboring countries is another serious threat," she said. ".
"The harsh reality is that water scarcity is not only an existing risk, it is also a risk multiplier: its potential impact on poverty, displacement and conflict has serious implications for Iraq's long-term stability and prosperity," Plasschaert said.
She stressed that "all stakeholders across the political spectrum must prioritize this as a shared responsibility, a critical issue that must be addressed urgently and seriously, to overcome the political divide and also, most importantly, Iraq's neighbors must engage in meaningful discussions on water sharing and resource management." https://www.mawazin.net/Details.aspx?jimare=188019
Oil Jumps To $119 Per Barrel
Economie| 10:59 - 03/22/2022 Baghdad - Mawazine News, Brent crude contracts witnessed, today, Tuesday, a new jump of three dollars, until the price of one barrel became 119 dollars per barrel.
Oil prices closed more than 7% higher on Monday, with Brent crude jumping above $115 a barrel.
While the European Union countries differed over joining the United States in imposing an embargo on Russian oil and after an attack on oil facilities in Saudi Arabia.
Brent contracts closed to the nearest maturity of the trading session on Monday, up $7.69, or 7.12 percent, to record at a settlement of $115.62 a barrel.
US West Texas Intermediate crude contracts rose $7.42, or 7.09 percent, to settle at $112.12 a barrel. Ended
https://www.mawazin.net/Details.aspx?jimare=188030
Iraq Calls On The International Community To Support It In Restoring Its Looted Antiquities And Rebuilding Liberated Cities
Political | 02:50 - 03/22/2022 Baghdad - Mawazine News, Minister of Foreign Affairs, Fuad Hussein, called today, Tuesday, for the international community to support Iraq in recovering antiquities looted from abroad.
Hussein said in Iraq's speech at the 48th session of the Council of Foreign Ministers of the Organization of Islamic Cooperation held in the Pakistani capital, Islamabad, according to the official agency, which was reviewed by "Mawazine News", that "we commend the efforts of the General Secretariat of the Organization of Islamic Cooperation for its preparations for the purpose of making this session a success, and we extend our thanks To the Republic of Niger for its efforts in its presidency of the previous session.
He added, "While we fought terrorism, the government of Iraq is working to achieve development, stability and peaceful community coexistence, after defeating ISIS gangs and liberating Iraqi lands and regaining control over them, if Iraq and the world become more secure after these historic victories."
He stressed "the need to work to activate and implement all the decisions of the Organization of Islamic Cooperation and the United Nations Organization related to combating defamation of religions and the integration of minorities into societies and drying up the sources of terrorism and extremist ideology and ways of financing it,"
noting that "the Iraqi government has put at the top of its priorities the rebuilding of liberated cities and the rehabilitation of their infrastructure that It was destroyed by ISIS gangs and the completion of returning the displaced to them after clearing them of mines and providing basic services there.”
And he added, "The Government of Iraq has called on members of the organization's countries and the international community to stand with Iraq and actively contribute to the return of Iraqi antiquities that were stolen and traded by the terrorist organization ISIS, to preserve the cultural and historical heritage, not only for Iraq but for all of humanity," explaining that "Iraq seeks to implement The Organization’s Resolutions No. (48/12 - D) and (48/53 - S) regarding holding a conference to support, rebuild and rehabilitate antiquities and historical properties, and rehabilitate Iraqi cities after ISIS, under the auspices of the Organization of Islamic Cooperation and in coordination with the United Nations and its relevant specialized agencies relevance".
He noted that "Iraq's permanent and firm stances towards the Palestinian issue and its full support for the struggle of the Palestinian people in the form determined by the Palestinian leadership, and based on the resolutions of international legitimacy," noting that "Iraq is committed to cooperating with the organization in order to strengthen partnership, support the organization and all its organs and committees, and strengthen Joint Islamic Action.
Hussain expressed his support for "the Islamic Republic of Pakistan for its presidency of this (48th) session." https://www.mawazin.net/Details.aspx?jimare=188054
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