Sunday AM Iraq Economic News Highlights 9-4-22

Iraq's oil exports to America amounted to more than 7.5 million during the past month

Economie   12:37 - 09-04-2022   On Sunday, the US Energy Information Administration announced that Iraq's oil exports to America amounted to more than 7.5 million barrels last August.

The administration said, "Iraq exported 7.533 million barrels of crude oil to America during the month of August, at an average of 243 thousand barrels per day, down from the month of July, in which Iraqi oil exports to America amounted to 9.982 million barrels, at an average of 322 thousand barrels per day."

And she added, "Iraq exported crude oil to America during the first week of August at a rate of 181 thousand barrels per day, while an average of 163 thousand barrels per day was issued in the second week, and an average of 225 thousand barrels per day was issued in the third week," noting that "the fourth week's exports It reached 401,000 barrels per day.

The US Energy Information Administration stated that "Iraq ranked fourth in its exports to America during the past month, after Canada, Mexico, and Saudi Arabia, and the second Arab country after Saudi Arabia, whose exports to America reached 9 million, 548,000 barrels per day," indicating that "Canada It ranked first as the most oil-exporting country to America, followed by Mexico."  https://kirkuktv.net/AR/Details/8651

Parliamentary Finance Warns Of The Danger Of Continuous Obstruction Of Approving The Budget

Economie   22:55 - 09-03-2022  Today, Saturday, the Parliamentary Finance Committee warned of the danger of the continuous delay in approving the federal budget for the current year, due to the current political crisis.

Committee member, Jamal Cougar, confirmed that “the failure to approve the 2022 budget will deprive twenty million Iraqi citizens of financial support.”

Cougar pointed out, "The absence of the budget will lead to the destruction of the mechanisms and military equipment of the Ministry of Defense, as well as electricity and other ministries that need annual funds for the purpose of maintenance."    https://kirkuktv.net/AR/Details/8642

Parliament: Provide allocations to the government if the budget approval is delayed

Posted On2022-09-04 By Sotaliraq  Dhi Qar counts the number of retirees for the purpose of including them in plots of land

Baghdad - Ibtihal Al-Arabi    Nasiriyah - Bassem Al-Rakabi   The Parliamentary Finance Committee confirmed the possibility of filling the government’s need from the necessary allocations in the event of a delay in approving the budget due to the political crisis in the country, while noting that the salaries of state employees will not be affected by the failure to form the government or pass the law.

Committee member Jamal Cougar explained in a statement yesterday that (there is no alternative to the budget, and that the government is in dire need of additional amounts other than the operational, it should propose to the Finance Committee its need to be transformed into a proposed law for Parliament), and indicated that (legislating any law needs First, to reactivate the House of Representatives and start its sessions. He went on to say that (the government can present a proposed law similar to the Food Security Law).

Disbursement Validity

In turn, the Center for Market Research and Consumer Protection, one of the formations of the University of Baghdad affiliated to the Ministry of Higher Education and Scientific Research, set the minimum standard for poor families' livelihood.

The director of the center, Mahmoud Abdullah Jassim, said in a statement that was followed by (Al-Zaman) yesterday that (the subsistence limit for poor families consisting of 4 members, including two children, is one million dinars per month, distributed between rent, daily expenses and other needs of these families), and added that (the amount of rent in In all cities, it ranges from 250 to 500 thousand dinars, while the remaining amount is for family expenses and expenses such as foodstuffs, vegetables and the provision of other means of living), stressing that (the amount spent by the social protection network for poor families covered by protection, is not enough for them).

Quick Boost

In Dhi Qar, the Governor, Muhammad Hadi Al-Ghazi, directed the governorate departments to send tables containing the names of retirees from 2003 to 2022, for the purpose of including them in a quick batch of distributing plots of land. The governor said in a statement received by (Al-Zaman) yesterday that (the governorate seeks to include citizens in distributing plots of land), pointing out that (the local administration is working to hand over all the people of the governorate, the plot of land being an entitlement and therefore every citizen will take his right to the distribution process).

On the other hand, the director of Nasiriyah Municipality announced the launch of a campaign to plant 50,000 seedlings in all public parks in the city center. Muhammad Akab said in a statement yesterday that (the Gardens Division is implementing a campaign to plant seedlings in public gardens, parks and central carrots), adding that (the goal of the campaign, It is to increase the green space within the city). On the other hand, the head of the Dhi Qar Investment Authority revealed the governorate's need for thousands of housing units to end the housing crisis.   LINK

Zidane During His Reception Of The Energy Support Team: The Need To Control The Water Scarcity

2022-09-04 | 05:08  153 views  Alsumaria News – Localities  The head of the Supreme Judicial Council, Faeq Zeidan, stressed today, Sunday, the need to control the issue of water and energy scarcity and to confront the phenomenon of desertification, with the judiciary's cooperation with the Energy Support Team.

The media office of the Chief Justice said, in a statement received by Alsumaria News, that "the latter received the head of the National Initiative  for Energy  Support and Reducing Emissions team, Jassem Al-Falahi, and the accompanying delegation, members of the team."

He added, "Zidane discussed with them aspects of judicial cooperation with the team in order to control the issue of water and  energy scarcity and confront desertification and climate change."

He continued, "The President of the Supreme Judicial Council  expressed his support for the team's work and directed the courts to cooperate with the competent detachments to take legal measures against those who violate the team's instructions and directives."   LINK

A Government Advisor Announces Iraq's Success In Curbing Financial Waste And Combating Money Laundering

Economie   11:37 - 09-04-2022    On Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed Iraq's success in curbing financial waste and combating money laundering by building effective supervisory bodies.

Mazhar Muhammad said, "Iraq is currently on the white list of countries in the application of international standards in combating money laundering.

He added, "Iraq succeeded in curbing financial waste and combating money laundering by building experienced supervisory bodies that are committed to laws and regulations related to the financial and banking system," explaining that "the financial reform package and effective measures to pursue sources of funds, led to Iraq's restoration of international trust and confidence." financial and commercial transactions.

The Prime Minister's advisor indicated that "Iraq has waged a war on money laundering gangs and prosecuting transfers, deposits and concealment with high efficiency at home and abroad."

https://kirkuktv.net/AR/Details/8646

Al-Kazemi's advisor: Iraq is on the "white list" to combat money laundering crimes[/size]

Economie| 09:45 - 04/09/2022   Baghdad - Mawazine News, the financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, said, on Sunday, that Iraq is currently on the "white list" of countries in the application of international standards in combating money laundering.

Saleh said in a statement to the official "Al-Sabah" newspaper, which was followed by Mawazine News, that "Iraq succeeded in curbing financial waste and combating money laundering by building experienced supervisory bodies that are committed to laws and regulations related to the financial and banking system," explaining that "the package of financial reforms and effective measures to pursue Sources of funds, which led to Iraq restoring the confidence of the international community in it in financial transactions and commercial deals.

And he added, "Iraq has waged a war on money laundering gangs and prosecuting transfers, deposits and concealment with high efficiency at home and abroad," noting that "the Office of Combating Money Laundering, Crime Funds and Terrorism, which is a financially and administratively independent office that carries out information coordination work, is closer to the Financial Intelligence Unit." .

Saleh pointed out that "the office receives instructions and directions from the Supreme Council for Combating Money Laundering, Crime Funds and Terrorism, and includes in its membership representatives from ministries and agencies related to combating money laundering and financial crimes."  He pointed out that "

And the Prime Minister's advisor continued, "Iraq is a member of the International Labor Organization for the Middle East and North Africa," explaining that "that membership helped Iraq implement international standards in combating money laundering and its exit from the gray list and entry into the white list of countries that combat money laundering." Ended 29/N33   https://www.mawazin.net/Details.aspx?jimare=204418

Trade: The Arrival Of A Ship Loaded With 44,000 Tons Of Imported Rice To Account For The Food Basket

Economie| 09:31 - 04/09/2022   Baghdad - Mawazine News   The Ministry of Commerce announced, on Sunday, the arrival of the ship (maplegatemt) to the Al-Idla area, loaded with 44 thousand tons of Thai rice to calculate the food basket for the seventh meal and for strategic storage.

The Director of the General Company for Foodstuffs Trading, Lama Al-Moussawi, said, "The quality control staff working in the port and the team of the Commercial Control Department, upon the arrival of the ship, withdrew the prototypes to be sent to the company's central laboratory in Baghdad for the purpose of conducting a laboratory examination to indicate its suitability for human consumption and its conformity with contractual specifications before launching operations. processing it.”

Al-Moussawi added, according to a statement by the Ministry of Commerce received by Mawazine News, that "after the results of the laboratory examination appear, the company will unload it and prepare a marketing plan for the quantity and distribute it to the governorates according to the needs of each governorate for the purpose of preparing the material within the food basket items." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=204416

Britain Urges Erbil And Baghdad To Resolve Their Differences Over Oil And Gas

Political | 04:00 - 03/09/2022   Baghdad - Mawazine News, British Finance Minister Nazim Al-Zahawi announced that his country urges Erbil and Baghdad to resolve their differences, because "improving relations between Erbil and Baghdad contributes to achieving stability and prosperity for all of Iraq."

Nazim al-Zahawi said, during a visit to Washington, that he urges the President of the Kurdistan Regional Government to insist on his steps, so that the regional government and the Iraqi government can work jointly to achieve stability and prosperity for all of Iraq.

He indicated that he also knows the Iraqi Prime Minister, Mustafa Al-Kazemi, and is "a great supporter of the success of relations between the Kurdistan Regional Government and the Iraqi government."

The British Minister of Finance noted that he knows the Prime Minister of the Kurdistan Region, Masrour Barzani as well, and he is insisting that the Kurdistan Region be able to export oil and gas to all the world at prevailing prices, stressing the importance of all parties working together to achieve stability in the oil sector.

The visit of the British finance minister to Washington came to discuss with his American counterpart and the finance ministers of the Group of Seven about ways to solve the energy crisis resulting from the war in Ukraine. Ended 29 / h    https://www.mawazin.net/Details.aspx?jimare=204352