Zig’s Place Chatroom News Wednesday AM 1-5-22

 Zig’s Place Chatroom News Wednesday AM 1-5-22

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butterfly   In Numbers... An Economist Reveals The Fate Of Last Year's Budget Surplus

ECONOMIC  01/04/2022 | 6:40 PM  The economic expert, Dia Al-Mohsen, confirmed, on Tuesday, the existence of corruption and failure of the government in managing the financial aspect and its failure to manage the country’s economy within the budget of the past year, describing its claim of a rise in the central bank’s reserves as a “lie.”

Al-Mohsen said in a statement to the "Information" agency, that "the data indicated the existence of failure, failure and great financial corruption by the caretaker government in managing the budget of the past year, since there were about 33 percent of the budget's funds of unknown fate," noting that "the government is responsible for the disappearance of those funds." money.”

He explained that "the budget of the past year was approved in the amount of 128 trillion dinars, and the actual expenditure for the investment and executive sectors was 90 trillion, which means that there is a surplus of 38 trillion dinars whose fate is unknown," wondering, "Are there final accounts prepared by the ministries with regard to expenditures within that budget and the ways of spending them?" “.

He pointed out that "the government's claim of a rise in the central bank's reserves of hard currency is a lie because it came through an increase in the dollar exchange rate in local markets, as well as an increase in oil prices in global markets." https://almaalomah.me/2022/01/04/574718/

butterfly   Parliament Completes Preparations For Holding The First Session Of The House Of Representatives  

Politician  Last Update 01/05/2022 | 4:11 PM   The Secretary-General of the House of Representatives, Sirwan Abdullah Serini, announced that all procedures have been completed to hold the first session of the House of Representatives in its fifth session on the scheduled date next Sunday morning.

The Secretary-General said, according to the official agency, that "the General Secretariat of the House of Representatives has completed all the security, administrative and technical procedures and preparations for holding the first session of the House of Representatives in its fifth session, on schedule, next Sunday morning."

He pointed out that "a meeting was held this morning with the head of the age to discuss these procedures and give an explanation of the paragraphs listed on the meeting's agenda and inform him of the steps by which the voting process will take place on the Speaker and his two deputies." https://almaalomah.me/2022/01/05/574878/

butterfly   Text Of Cabinet Decisions In Today's Session

Politician  Last Update 01/05/2022 | 5:07 PM  On Wednesday, the Council of Ministers issued a set of decisions in its regular session, regarding oil and government departments.

Al-Kazemi's office said in a statement that the agency received a copy of it, that the latter "presided today, the first regular session of this year for the Council of Ministers, in which the developments of events in the country were discussed, and the topics on the agenda were discussed."

After discussing the topics on the agenda, the Council of Ministers issued the following decisions:

First / Approval of the recommendation of the Ministerial Council for Energy (149 for the year 2021), as follows:

Amending Cabinet Resolution (14 of 2021) to become as follows:

The Ministry of Oil is preparing the financial support for the project to implement transmission lines (Rumaila Investment Station, Dhi Qar Compound Station, Al-Faw Station 400 KV, Shatt Al-Basra Gas Station, Al-Haritha Thermal Station, and Al-Qurna Station 400 KV) from the Ministry of Finance’s share of the sale proceeds The exported petroleum products collected with the Petroleum Products Distribution Company due to the importance of the project), and authorizing the ministries of (Finance and Planning) to provide the ceiling for allocation by transfers from other spending entities; The project has been duly included in the Ministry of Planning.

butterfly Second / Approval of the recommendation of the Ministerial Council for Human Development (14 of 2021) regarding the approval of the strategy for administrative reform in government departments prepared by the committee concerned with (preparing a strategic plan for administrative reforms in government departments and their institutions, and simplifying forms of procedures in government departments that affect people’s lives) Composed under the Diwani Order (18 of 2021), attached to the book of the Ministry of Planning, No. 22122/1/4, dated September 12, 2021.

Third/ The financing and implementation structure of the Dhi Qar Refinery investment project is approved according to what was stated in the Ministry of Oil letter No. (f/6) dated January 4, 2022, and authorizes the companies of the Ministry of Oil to complete contracting procedures, and to grant the necessary licenses and approvals to start implementing the aforementioned project.

Fourth / Approval of the request of the Ministry of Water Resources, excluding the project of rehabilitating the building of the joint Iraqi-Turkish water research center from the instructions for implementing government contracts and the general budget, and rehabilitation works for the guest house and other requirements, which include furniture, appliances, equipment, and hospitality costs, provided that the center bears National Water Resources Management, one of the Ministry's formations, rehabilitation and work costs.

butterfly   Fifth / Approval of the issuance of Regulation No. 1 of 2022, the Third Amendment Law of the Protocol No. 4 of 2016 based on the provisions of Clause (Third) of Article (80) of the Constitution, and Article (3) of the Protocols Law (26 of 2000) ). https://almaalomah.me/2022/01/05/574885/

butterfly   Financial Investigators prepare Task force Investigations 5th January 2022 in Iraq Banking & Finance News ...... Iraqi Judges and Financial Investigators prepare Taskforce Investigations

The Federal Supreme Judicial Council of Iraq, the Kurdistan Judicial Council and UNDP Iraq, with support from the U.S. Government, launched a series of workshops for investigative judges, prosecutors, investigators, auditors and financial analysts from all across Iraq in late November 2021.

These workshops will aid Iraqi institutions involved in organized crime investigations, including corruption and money laundering, to better investigate and prosecute these crimes.

The workshops will help institutions such as courts, the Ministry of the Interior, Commission of Integrity, and the Federal and Kurdistan Board of Supreme Audit and the Anti-Money Laundering and Countering the Financing of Terrorism Office to develop financial evidence by tracking funds used in crimes and identifying criminal profits for confiscation.

The workshops, designed to enhance cooperation among the institutions by sharing institutional knowledge, investigative tools, skills and experience, continued through December and will also occur throughout 2022.

The workshops cover topics such as investigating corruption in public procurement, gathering and analysing evidence, and recovering illegally obtained assets. Knowledge from Iraqi practitioners will feed into a handbook on financial investigation procedures.

butterfly Taghreed Muhammad Ali, Director of the Administrative Investigation Department in the Federal Board of Supreme Audit, said that "the workshop deals with an important topic - financial crimes - by updating investigation approaches and tools, and providing the skills and experiences required for investigative judges, investigators, financial analysts, and auditors. It contributes to building stronger ties between the participating agencies and the investigative judges, who play a major role in this regard."

Public Prosecutor Badr Al-din Albarzanji from the Ministry of Justice, Kurdistan Region of Iraq, said, "the participants can practice their skills on a real, complete and practical case, and through the workshop every detail of this case is discussed and compared with the legal investigation procedures found in national Iraqi laws."

UNDP Iraq resident representative Zena Ali Ahmad said, "Thanks to the Government of the United States for their support. This information exchange between government, legal and financial entities in Iraq is vital to enhance the ability of judges and investigators to prosecute complex organised and financial crimes in Iraq."   Source: UN)   

Butterfly   At the closure .. a slight decrease in the price of the dollar in Baghdad

2022-01-05 06:26   At the closure .. a slight decrease in the price of the dollar in BaghdadShafaq News/ The exchange rates of the dollar fell against the Iraqi dinar, on Wednesday, when the main stock exchange in Baghdad was closed.

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange closed in Baghdad at 147,800 Iraqi dinars against 100 US dollars, while the exchange rate this morning was 147,850 dinars against 100 US dollars.

Our correspondent indicated that buying and selling prices have stabilized in banking shops in the local markets in Baghdad; Where the selling price amounted to 148,250 Iraqi dinars, while the purchase price amounted to 147,250 dinars per 100 US dollars.   shafaq.com

butterfly   The Iraqi Council of Ministers takes five new decisions

2022-01-05 05:44   The Iraqi Council of Ministers takes five new decisionsShafaq News/ The Iraqi Council of Ministers ended, on Wednesday, its regular weekly session, headed by the Speaker of the Council, Mustafa Al-Kazemi, and voted on five new decisions.

Al-Kazemi’s media office said, in a statement received by Shafak News Agency, that the latter chaired, today, the first regular session of this year for the Council of Ministers, in which the developments of events in the country were discussed, and topics on the agenda were discussed.

According to the statement, the Cabinet session witnessed a review of the epidemiological report, the measures taken to confront the Corona pandemic, and the developments of the work of the Committee to Strengthen Government Actions in the areas of prevention and health awareness control; To limit the spread of the virus, the Ministry of Health plans to provide treatments and secure vaccines for citizens.

He continued, that after discussing the topics on the agenda, the Council of Ministers issued the following decisions:

First / Approval of the recommendation of the Ministerial Council for Energy (149 for the year 2021), as follows:

Amending Cabinet Resolution (14 of 2021) to become as follows:

butterfly   – (The Ministry of Oil is preparing the financial support for the project to implement transmission lines (Rumaila Investment Station, Dhi Qar Compound Station, Al Faw Station 400 KV, Shatt Al Basra Gas Station, Al Hartha Thermal Station, and Al Qurna Station 400 KV) from the Ministry of Finance’s share of The proceeds from the sale of the exported petroleum products collected with the Petroleum Products Distribution Company due to the importance of the project), and authorizing the Ministries of Finance and Planning to provide the ceiling for allocation by transfers from other spending entities; The project has been duly included in the Ministry of Planning.

Second / Approval of the recommendation of the Ministerial Council for Human Development (14 of 2021) regarding the approval of the strategy for administrative reform in government departments prepared by the committee concerned with (preparing a strategic plan for administrative reforms in government departments and their institutions, and simplifying forms of procedures in government departments that affect people’s lives) Composed under the Diwani Order (18 of 2021), attached to the book of the Ministry of Planning, No. 22122/1/4, dated September 12, 2021.

Third/ The financing and implementation structure of the Dhi Qar Refinery investment project is approved according to what was stated in the Ministry of Oil letter No. (f/6) dated January 4, 2022, and authorizes the companies of the Ministry of Oil to complete contracting procedures, and to grant the necessary licenses and approvals to start implementing the aforementioned project.

butterfly   Fourth / Approval of the request of the Ministry of Water Resources, excluding the project of rehabilitating the building of the joint Iraqi-Turkish water research center from the instructions for implementing government contracts and the general budget, and rehabilitation works for the guest house and other requirements, which include furniture, appliances, equipment, and hospitality costs, provided that the center bears National Water Resources Management, one of the Ministry’s formations, rehabilitation and work costs.

Fifth / Approval of the issuance of Regulation No. 1 of 2022, the Third Amendment Law of the Protocol No. 4 of 2016 based on the provisions of Clause (Third) of Article (80) of the Constitution, and Article (3) of the Protocols Law (26 of 2000) ).   shafaq.com

butterfly   The Shiite House Is Complete.. The Movement Will Join The Coordination Framework

01/05/2022 | 4:06 PM  The winning candidate for the State of Law coalition, Hussein Nima, confirmed, on Wednesday, the close agreement between the Sadrist bloc led by Muqtada al-Sadr and the coordination framework.

Nima said in a statement to the “Information” agency, that “the Shiite house is in great quest to enter parliament as a strong and cohesive Shiite bloc,” noting that “the Sadrist bloc will enter parliament accompanied by the coordinating framework.”

He added that “the Shiite house will unite to lead the next government and will enter parliament as a strong Shiite bloc, and forming the new government is one of the priorities of the Shiite house.”

The former representative of the victory coalition, Nada Shaker, indicated, earlier, that the meeting of the framework forces at the house of the head of the victory coalition Haider al-Abadi came as a continuation of the discussions related to forming the largest bloc and the next government, indicating that the framework forces reached 83 to 86 seats and could form the largest bloc.

Yesterday, Tuesday, the Asa’ib Ahl al-Haq movement confirmed that the coordinating framework had agreed with the leader of the Sadrist movement, Muqtada al-Sadr, to preserve the largest Shiite bloc, to form a consensus government.   almaalomah.me

 

 

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