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Saturday AM Iraq Parliament News Highlights 8-27-22

Saturday AM Iraq Parliament News Highlights 8-27-22

New Talk From Parliamentary Finance Regarding The Budget

Economie| 06:28 - 26/08/2022   Special - Mawazine News, The Parliamentary Finance Committee confirmed that it is not possible to talk about a measure taken by the Committee regarding the budget law or others.

Committee member Jamal Cougar said in an interview with "Mawazine News" that "the committee knows its work and that any financial measure related to the budget cannot be taken by the current government, because it is a caretaker government and does not have the powers."

He continued, "Any parliamentary committee cannot continue its work unless the parliament sessions have resumed and its work has not resumed."    https://www.mawazin.net/Details.aspx?jimare=203541

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Parliamentary Finance Identifies The Only Segment Affected By The Absence Of The Budget

Political | 12:32 - 27/08/2022   Special- Mawazine News  The Parliamentary Finance Committee identified, on Saturday, the only segment affected by the failure to pass the 2022 financial budget law

. Committee member Jamal Cougar told / Mawazine News /, “The only segment that will be affected by the absence of the budget law are the contract employees who are waiting for their confirmation. If the budget is approved, the rest of the segments will not be harmed."

And he continued, "These alone will wait for the law to be passed, as for others whose salaries are fixed employees and contractors, there is no fear for them," noting that installing any contractor on the state's owners needs a legal cover provided by the budget law.   https://www.mawazin.net/Details.aspx?jimare=203605

The Kurdistan Government Responds To SOMO Regarding The Threat To Buyers Of The Region's Oil

Political | 05:21 - 26/08/2022   Baghdad - Mawazine News, the Ministry of Natural Resources in the Kurdistan Regional Government responded today, Friday, to the letter of the Oil Marketing Company "SOMO" regarding the pursuit of buyers of the region's oil.

The ministry said in a statement received / Mawazine News / Nakhsa Muntah, that "the (SOMO) message contains misleading information, and it is part of the political conflict in the country," noting that "the (SOMO) company will impede the ongoing dialogues between Erbil and Baghdad."

The ministry confirmed, "The continuation of the production and sale of crude oil."

And "SOMO" had promised new legal measures against buyers of crude oil from the region

https://www.mawazin.net/Details.aspx?jimare=203535

Integrity Seizes Waste Of Public Money And Smuggling Of Oil Derivatives Through “Hidden” Pipelines In Diyala

Posted On2022-08-26 By Sotaliraq     On Friday, the Investigation Department of the Federal Integrity Commission reported that it had carried out a series of seizures of cases of waste of public money, price hikes, embezzlement and smuggling in a number of electricity departments and gas stations in Diyala Governorate.

The department indicated in a statement that “the Diyala Investigation Office team carried out (5) separate operations in the electricity departments in the governorate, in the first of which it revealed an exaggeration in the purchase prices of (20) electric poles by the Electricity Distribution Directorate in the governorate at an amount of (72,000,000) million dinars. , an amount that exceeds the real prices prevailing in the local markets, indicating that the purchase was in violation of the technical specifications approved by the Ministry of Electricity, according to the report of the examination committee.

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She added, "The investigations of the commission's investigation office in the governorate led to the seizure of a special exchange transaction that was promoted again; Despite its previous disbursement, pointing out that the Diyala Governorate Office - Accounts Department promoted a disbursement transaction for the project to implement a new electricity network to (the Military District - Zuhairat - Abi Saida), explaining that this led to a waste of public money amounting to (52,722,572) million dinars. “.

In a third operation, the team seized the origin of the purchase of materials that did not comply with the technical specifications in the Diyala Electricity Distribution Directorate, as well as an exaggeration in the purchase prices of (150) lighting briquettes of (250 watts) for the street lighting project from Al-Quds Intersection to Al-Mafraq Bridge, pointing out that the purchase prices The materials entered into storage amounted to (20,433,000) million dinars.

The department explained that the office team was able to arrest the director of the Al-Azeem Electricity Maintenance Center and one of his employees. For promoting “fake” maintenance transactions and embezzling electrical wires that were disbursed under those transactions, indicating that (4) “fake” transactions were seized.

She pointed out that "the last operation in the Electricity Departments, during which two suspects were arrested in the Canaan Electricity Maintenance Center and the Secretary of the Network Store of the Diyala Electricity Distribution Branch; For stealing a transformer (250kv) with its accessories, knowing that the transformer was supplied by the Governorate Electricity Distribution Company.

The department confirmed that "the team carried out two separate operations at two fuel stations. After investigation and follow-up work during the first operation, it was able to detect smuggling operations of oil derivatives at a fuel station in Khanaqin, by extending pipes from fuel tanks hidden under the concrete floor of the station to the outside of the pumping equipment.

And dumping inside a hidden room used to smuggle (gasoline and gas), and electrical wires were seized inside the underground pipes of the station, in addition to electrical impulse generation devices to manipulate the meters of fuel pumps, unloading equipment and seals proving the involvement of oil products employees, two of whom were caught tampering. .

In the second operation, (4) employees of the Central Oil Police Directorate, who are assigned to protect government gas stations were seized; for supplying large quantities of gasoline to the owners of the “revolved” wheels; Contrary to regulations; In return for receiving sums of money (bribery), with reference to the decision of the judge of the Baqabah Investigation Court, which is specialized in integrity issues, to arrest the accused in accordance with the provisions of Article (340) of the Penal Code.   LINK

The “Curse” Of Iraq’s Bounties Turns It Into A Poor Country

Posted On2022-08-27 By Sotaliraq   Iraq ranked 8th in the Arab world and 79th globally among the world's poorest people (Reuters)

[size=45]Iraq ranked   79th in the world among the world’s  poorest people  , despite the capabilities and wealth that are considered a “blessing” owned by Mesopotamia, but it has become a curse on Iraqis as a result of the economic deterioration and the wrong policies pursued by successive governments, the rampant corruption in the joints of the state and the failure to activate the private sector, where the poverty rate rose to Higher levels than before, according to the American magazine "Global Finance", while the Iraqi Ministry of Planning and Development Cooperation expected the poverty rate in the country to rise to 25 percent during the current year 2022, after it recorded 22.5 percent in the last census of 2019.

[size=45]The magazine said in a report, that “the poorest countries in the world suffered from civil wars and ethnic and sectarian conflicts, then the Corona virus came, which made the bad conditions worse,” noting that “the world possesses enough wealth and resources to ensure that the entire human race enjoys a  basic standard of living.”

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However, people in countries such as Burundi, South Sudan and Central African Republic - the poorest in the world - continue to live in extreme poverty," she added.

And the magazine indicated, according to a table prepared for this, that "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, as the Iraqi per capita GDP amounted to 12,141 thousand dollars annually."

Income improvement strategy

On the other hand, the Ministry of Planning revealed its intention to prepare a strategy to improve the income and livelihood of poor families, while confirming the imminent launch of the largest economic and social survey.

The spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said in a press statement that "the ministry is preparing, in coordination and cooperation with a group of ministries and institutions, including the ministries of commerce, labor and social affairs, to prepare the third poverty reduction strategy in Iraq for the years 2024-2028."

He added that "the goal of the strategy is to improve the standard of living for people with low incomes, which focuses on two axes, the first: reconsidering and evaluating the social protection network so as to ensure that it reaches those who are eligible for the benefit, and re-examining the poverty line in order to ensure that support reaches poor families."

He pointed out that "the second axis focuses on reforming the ration card system and working with the Ministry of Commerce with the aim of allocating this program to poor families while reconsidering those covered, as many of them are well-off, and it is first for these materials to go to poor families."

The strategy also aims to improve the income and standard of living of poor families through other pathways related to education, health and housing," he added.

He stressed that “from this framework, the Ministry of Planning is preparing to launch one of the largest economic and social surveys in Iraq, and soon the work of this survey will be launched, which will give us very important indicators about the poverty level, the poverty line, the living standard of the poor and their areas of concentration, and then we will use the outcomes of this survey and its indicators in writing a strategy poverty that is currently being prepared.”

Fighting poverty is a difficult task

In addition, the economic researcher, Bassam Raad, believes that despite the huge financial resources derived from oil revenues, which exceeded 72 billion dollars during the past seven months of this year, unemployment rates rose to 16.5 percent, which represents the percentage of the unemployed labor force. Poverty rates reach 25 percent of the population, according to some estimates, which indicates that we are living in a very critical stage.”

He points out that “fighting poverty in Iraq will be a difficult task, as it has become an absolute necessity, and work should be done to end poverty in all its forms and work to promote sustainable development while ensuring decent education and educational opportunities and working to promote comprehensive sustainable economic growth, productive employment and decent work for all, and this requires reform In addition to eliminating manifestations of administrative and financial corruption, administrative and financial corruption is one of the most important problems that the country suffers from, and it greatly hinders policies to reduce poverty and unemployment rates.”

Raad believed that a rapid reduction in poverty rates is possible by supporting the components of the ration card and increasing the amounts of social care for vulnerable groups that suffer from unemployment and poverty. Otherwise, the poverty map in the country will expand, which portends serious social risks that threaten the unity and safety of society.  LINK

The Minister Of Oil Stresses The Strengthening Of Cooperation With International Companies In The Field Of Energy

Energy    Economy News / Baghdad   The Minister of Oil, Ihsan Abdul-Jabbar Ismail, received the Russian ambassador in Baghdad, "Elbrus Kutrashev", and during the meeting, they discussed strengthening bilateral relations between the two countries.

The minister stressed the importance of strengthening joint cooperation with reputable international companies in the energy, oil and gas sector.

For his part, the Russian ambassador expressed his country's desire to strengthen the frameworks of joint cooperation with Iraq in several fields.

61 مشاهد views   Added 08/25/2022 - 9:43 PM   Update 08/27/2022 - 12:50 PM

https://economy-news.net/content.php?id=29475

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