More Iraqi News Wednesday PM 6-2-21

More Iraqi News Wednesday PM 6-2-21

TLM724 Administrator BondLady’s Corner

Saleh Holds An Extensive Meeting On The Draft Law On Recovering Corruption Proceeds And Explains Its Importance

Time: 06/02/2021 14:55:28 Reading: 1,417 times   {Political: Al Furat News} The President of the Republic, Barham Salih, held an expanded meeting on the draft law on recovering corruption proceeds.

The meeting was attended by the First Deputy Speaker of the House of Representatives, Hassan Al-Kaabi, the heads of the parliamentary integrity, financial and legal committees, the head of the Public Prosecution Authority, the head of the Integrity Commission, and the head of the Financial Supervision Bureau.

In his speech during the meeting, Saleh pointed out that "the draft law for the recovery of corruption proceeds is a step that complements the basic role of the efforts of state institutions and integrates roles and coordination in combating corruption and recovering the proceeds of corruption. One of the successful international experiences in combating corruption.

He explained, "Corruption is a serious scourge that has affected economic and social development and the general conditions in the country, and this requires a serious pause in which all official institutions participate in order to curb this scourge, because its continuation represents a threat to the country's present and future, and disrupts the building of the national economy."

Saleh added, "The House of Representatives and the relevant parliamentary committees are invited to discuss and enrich the draft law, and to assist in its approval," noting "the necessity of continuing the path of comprehensive reform and not complacency in this national mission, in order to establish a capable, capable, sovereign state, serving its citizens."

The President of the Republic, Barham Salih, announced in his speech, on May 23, the submission of a draft law on “recovering the proceeds of corruption” to the House of Representatives, in a step to combat corruption, restore Iraqi funds smuggled abroad and bring the corrupt to justice, noting that the draft law includes proactive and deterrent practical measures. , and subsequent others to recover corruption funds.

Saleh pointed out in his speech at the time that "cross-border corruption cost Iraq a loss of huge amounts of money estimated at billions, and government and international statistics and data estimate that Iraq's total imports of oil since 2003 are approximately one thousand billion dollars, including no less than 150 billion dollars of corruption deals that were carried out." smuggling it abroad, and it was enough to put the country in a better condition."   LINK

In Numbers.. Iraq Achieves A Monthly Surplus For The First Time Since February 2020

Time: 06/02/2021 11:29:37 Reading: 4,550 times   {Economic: Al Furat News} Iraq achieved a monthly surplus in March of 2.1 trillion dinars, the first time since February 2020 that this surplus was achieved.

The Iraq Future Foundation for Economic Studies (a non-governmental organization) said that "the Iraqi state's revenues for the month of March, according to the data of the Ministry of Finance, amounted to 7.2 trillion dinars, of which oil revenues amounted to 6.1 trillion Iraqi dinars, while total expenditures amounted to 5.166 trillion dinars."

And she indicated that "the amount of what the Iraqi state achieved in the first quarter of the year was 17.3 trillion dinars, of which oil revenues amounted to 15.2 trillion dinars, while total expenditures amounted to 17.4 trillion dinars, and thus the total deficit for the first quarter of the year amounted to 131 billion dinars."   LINK

For Fear Of Protesters Storming Parliament, Al-Halbousi Prevents Questioning The Minister Of Finance

Political   Wednesday 2 June 2021 | 02:36 PM| Number of readings: 191  Today, Wednesday, an informed political source revealed that Parliament Speaker Muhammad al-Halbousi prevented the questioning of Finance Minister Ali Allawi, for fear that the minister would reveal dangerous files and documents.

The source said, "Finance Minister Ali Allawi requested that his questioning be conducted in the Iraqi parliament remotely and from outside Iraq, and that the session be public and broadcast on the air, because he intends to present dangerous documents and evidence that will make the demonstrators storm Parliament, because of the files and evidence of major corruption cases."

And he indicated that "this matter prompted Parliament Speaker Muhammad al-Halbousi to withdraw from the questioning of Allawi, despite the appointment of the interrogation session, and al-Halbousi is currently working to push the fireball against him and in secret he is pushing deputies from Shiite political blocs to confront the Minister of Finance."   https://aynaliraqnews.com/index.php?aa=news&id22=148125

Mazhar Muhammad Salih: The Five Industrial Cities Are The Nucleus Of The Renaissance Of The Iraqi Economy

Wednesday 02 June 2021   180  Baghdad: Shaima Rashid   The economic advisor to the Prime Minister, Mazhar Muhammad Salih, considered the five industrial cities being built within five governorates, the nucleus of a promising renaissance for the Iraqi economy.

Saleh told Al-Sabah: "Iraq is now working on the construction of these industrial cities within five governorates, one for each of Baghdad, Basra, and Dhi Qar, in addition to two cities in Najaf Governorate, operating according to organized rules issued by the sectoral government authority."

He described it as “the nucleus for the renaissance of the revitalized civil industrial sector in Iraq, and a solid foundation in the investment economies of the single governorate, and it is also an essential tool in the operation of the unemployed labor force,” noting that it “needs the support of the governorates’ administration for it, especially in the field of infrastructure.”

The Minister of Industry and Minerals, Manhal Al-Khabbaz, had stated last February, that “the five industrial cities, two of them are nearing completion, one of them is in Dhi Qar, as it has completed its infrastructure and will open soon, while the one in Basra has reached 70 percent completion rates and will open after months.”

Saleh stressed that “the industrial cities are among the priorities of planning and industrial renaissance in the countries of the civilized world, limiting industrial investments to areas that are mostly integrated with each other, far from residential cities, that require availability of physical infrastructure, as one of the positive external economic factors in order to enhance the integration of manufacturing units.” and filling each other's needs as industrial inputs and outputs.

And he indicated that "the greater the inputs and outputs within the single industrial city, the more it will make the average production cost to its minimum, in addition to spreading competition in work, upgrading quality, and constantly introducing and improving technology in a manner consistent with the production movement within the single industrial city," noting that "industrial cities It remains a high and important investment attraction tool, whether for national or foreign investment, as long as the land and infrastructure are available in those cities.   LINK

The World Bank Launches The Official Report On Human Development In Iraq

Money  and business  Economy News – Baghdad   Tomorrow, Monday, the World Bank in Iraq will release the official report "Human Development in Iraq - Review of the General Agreement", which will discuss the government's response to address deficiencies in human capital indicators within the framework of a reform roadmap for Iraq, with the participation of a number of decision-makers, Iraqi and foreign experts and personalities High-level.

The head of the World Bank office in Iraq, Ramzi Numan, said in an interview with Al-Sabah newspaper, followed by Al-Iqtisad News, that the World Bank in Iraq officially launches tomorrow, Monday, the report, "Human Development in Iraq - Review of the General Agreement", in the capital, Baghdad.

He added that the launch ceremony will include a presentation on human capital development, as well as an overview of the human capital situation in Iraq and aspects of public spending on vital human development sectors, as well as a discussion of the Iraqi government's response to address deficiencies in the formation of human capital, in addition to a discussion The road map towards structural reforms to review the human development model in the education and health sectors within specialized sessions.

The head of the World Bank office in Iraq indicated that the conference launching the report will be attended by the ministers of planning, education, higher education and scientific research, as well as the Deputy Minister of Health, the Deputy Special Representative of the Secretary-General of the United Nations and the Coordinator for Humanitarian Affairs, Arina Vujakova Soler, and the Director of the Human Development Program in the Middle East Division And North Africa, and the Regional Director of the Levant Division, the World Bank Group, Saruj Kumar Jha, in addition to representatives of the Iraqi Ministry of Finance and a large group of specialists through a very large personal and electronic participation, while the event is transmitted directly through social media and through local and international media coverage.

Number of observations 41   Date of addendum 05/30/2021  https://economy.news.net/content.php?id=25220

 

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