More Iraqi News Tuesday PM 11-23-21
More Iraqi News Tuesday PM 11-23-21
TLM724 Administrator BondLady’s Corner
An economic expert to /NINA/: Imposing additional fees on travel is an additional “arbitrary and corruption” and a procedure that is not applicable to any country in the world except for Iraq
Tuesday 23 November 2021 14:10 | economic Number of readings: 208 Baghdad / NINA / - The specialist in economic affairs, Durgham Muhammad Ali, confirmed that imposing additional fees on travelers is one of the aspects of corruption and abuse of power. Mohammad Ali told / Nina / news agency that: the imposition of extra fees through the imposition of an international vaccination card at $ 30 thousand in addition JD smear BBC CR is arbitrary action aimed at the Iraqi traveler blackmail , especially as it does not include foreign travelers from Iraqi airports. "
He added “Charging the traveler the value of a smear for 80 thousand dinars, which is sufficient internationally to ensure the safety of the traveler, and the addition of 30 thousand on the pretext of the international vaccination card is extortion for the traveler and an immoral measure, because if the government was keen on health and not extortion, it would have made the issuance fees free.”
And he stated: "The price of a travel swab in Iraq is the most expensive for its counterparts in neighboring countries in a corruption ring to which another corruption ring was added to impose a new mechanism for exploiting the Iraqi citizen in the absence of a legal and moral deterrent that holds state institutions accountable for their extorting behaviors of the citizen."
And the civil aviation authorities had imposed on Iraqi travelers, starting from November 21, to present the international vaccination card given by the Ministry of Health for a fee of 30,000 dinars, in addition to the Corona test smear, which has a price of 80,000 as a condition for travel, a procedure that is not applied in any country in the world except Iraq./ finished8 https://ninanews.com/Website/News/Details?key=940696
Baghdad Sends More Than Two Billion Dinars In Financial Dues To The Kurdistan Region
Tuesday 23 November 2021 15:10 | economic Number of readings: 217
Baghdad / NINA / - The federal government sent today, Tuesday, the seventh batch of financial dues to farmers of the Kurdistan region for the year 2021, which is scheduled to be distributed to the provinces of the region.
The Director General of the Directorate of Trade in the Ministry of Industry and Trade in the region, Nawzad Sheikh Kamel, said in a statement today, that the amount sent by the federal government is as follows: Sulaymaniyah one billion and 400 million dinars, Erbil 923 million dinars, Dohuk 140 million dinars.
He explained that after the administrative procedures are completed, the amounts will be distributed to farmers through the Directorate of Grain Trade of the Kurdistan Regional Government, noting that farmers will receive their financial dues as soon as possible from city banks./ End 8
https://ninanews.com/Website/News/Details?key=940710
French Company: These Are Our Projects To Finance Power Distribution Stations In Iraq
Tuesday 23 November 2021 16:04 | economic Number of readings: 96 Baghdad / NINA / - The French Schneider Electric Company disclosed its first projects to finance power distribution stations in Iraq.
The company's regional director in Iraq, Emra Takdemir, said in a press conference today, "Schneider provides technology that contributes to sustainable energy, and we have many plants to produce reduced energy that operates on less fuel."
He explained, "The company signed a memorandum of understanding with the Ministry of Electricity a year ago to develop the power distribution network in Iraq," noting that "Schneider is known for its capabilities in the electricity sector and we contribute to the development of efficient infrastructure."
He added, "The Iraqi and French government are working on investing in electricity projects, as some stations were built from the budget of the Ministry of Electricity and others were done through joint construction," noting that "the company owns thousands of employees, including Iraqi engineers and workers to work in oil and energy projects, and has also trained 2000 Iraqi engineers, and we own 4 production licenses to develop the mechanical sector in Iraq.”
He continued, "For two years, Iraq has been planning to build solar plants to generate electric power, and the company can contribute to building secondary plants powered by solar energy and help Iraq in this aspect."
In turn, Walid Shati, director of the Middle East and Africa branch, said, "Schneider has many projects in the field of electricity, the Internet and digital work, and there is a local team present in the cities of Erbil and Basra," noting that "the company works in the field of gas and oil in the province of Basra, and there Other projects to expand the discovery of oil, and we have efforts in the electrical sector and electricity distribution more during the past year."
He added, "The company does not work on generating electricity, but rather contributes to its development, and we specialize in developing and bringing advanced technology," noting that "all parts of Iraq have become pivotal, and we have a history with local and international oil companies and we have the competence to develop oil fields, and that the new program It is the development of competencies to run factories."
He explained, "The French company has been in Iraq for 40 years, and they are continuing to build new stations, and there is a project that will last for three years, and we have more than 100 stations built for the Iraqi Ministry of Electricity with funding of more than one billion euros."
He went on to say, "The problem in the Iraqi electricity sector lies in the traditional production and distribution methods, which are oil and gas," noting that "the new ways are wind, where renewable and clean energy will constitute about 80% of energy production in the coming years."
He explained, "Schneider specializes in the field of distribution, which is the most difficult link in the electricity sector, but often the distribution is very close to the processing areas, so the problems of processing are in this axis." / End 5 https://ninanews.com/Website/News/Details?key=940718
Al-Kazemi’s advisor outlines a set of measures to ensure the sustainability of Iraqi economic growth
Money and business Economy News _ Baghdad Today, Tuesday, Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, identified a set of measures that included the sustainability of Iraqi economic growth, while stressing the need to launch a package of measures that encourage civil activity to invest and produce.
Saleh said in an interview with the Iraqi News Agency, and followed by "Al-Iqtisad News", that "what matters today is the accelerated growth in the energy sector, whose contribution to the gross domestic product constitutes approximately 45% of it, and its direct and indirect effects extend to the activity of the national economy and the business cycle in Iraq by a rate of More than 80% due to the positive effects resulting from the rise in oil prices and the increase in the quantities produced and exported of crude oil under OPEC.
He added that "the launch of real investments in support, formation and building of productive capital wealth will remain in the forefront to maintain the sustainability of the achieved positive economic growth, which was initiated by the construction sector under the influence and urging of the initiative of the Central Bank of Iraq to provide nearly 2 trillion dinars that went to finance the housing activity, which is the activity He is really responsible for employing about 20% of the Iraqi labor force,
in addition to the growing insistence shown by the Iraqi agricultural activity in supporting the basic food security of Iraq despite the water scarcity, and all this contributed to making the growth rate in the gross domestic product exceed the growth rate of the population, which is A positive indicator in the tendency towards the welfare of society.
He stressed that "preserving the strength of positive tendencies in the investment spending policy or the so-called (investment accelerators) should take the priorities of the government's economic approach by sustaining the momentum of procedures and policies that stimulate investment,
especially at the level of care in implementing government projects related to infrastructure and previously suspended, As well as supporting the financing activity of the private sector in conducting its investment activities and launching its initiatives without bureaucratic stumbles here and there.
Saleh considered it "an appropriate opportunity to re-examine the policies and procedures related to encouraging national investment, especially private investment, in one package that helps lift administrative restrictions that are useless to the aforementioned activity and facilitate the business environment with effective government decisions that end in expanding the base of tax flexibility, as happened in the recent cabinet decision and others, and mitigating of all administrative restrictions,
as well as adopting the best administrative and executive steps that must be followed in transforming the economic surpluses in the national economy (represented in the strength of the economy’s liquidity) into dynamics that lead to real investment as important financial levers available for use in spending on development and the operation of production factors that lead to sustainability national income growth.
He stressed, "the necessity of launching a package of measures that encourages civil activity in investment and production immediately, with the strong support of the government's economic policy in everything related to improving the business environment and supporting the sustainability of growth in the national product and with flexible, effective and discreet procedural policies taken by the responsible government sectoral agencies."
Views 118 Date Added 11/23/2021 https://economy-news.net/content.php?id=26842
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