"Tidbits From TNT" Tuesday 1-18-2022

Jan 18

TNT:

Tishwash: Al-Fateh reveals the most fortunate name of the prime minister and the nature of Al-Amiri's relationship with Al-Sadr

A member of the Al-Fateh Alliance, Abbas Al-Zamili, revealed, on Tuesday, the person most likely to become prime minister.

Al-Zamili said in a television interview, which was followed by (Al-Oula News), that the head of the victory coalition, Haider al-Abadi, is currently the most likely to occupy the position of prime minister among the existing candidates.

He added that al-Abadi has the acceptability of the coordination framework and the Sadrist movement, pointing out that he led the government in the biggest financial crisis afflicting Iraq.

Al-Zamili added that there are special relations between Al-Sadr and Al-Amiri that have gone beyond crises much greater than the current crisis, stressing that Al-Amiri represents the direction of the coordination framework completely. link

Tishwash: The rule of law: restoring the dollar exchange rate to its previous rate is a basic requirement

Representative of the State of Law Coalition, Muhammad Hassan Al-Qadri Al-Shammari, affirmed, on Tuesday, that restoring the dollar exchange rate to its previous rate is a basic requirement, noting that the forces of the coordination framework will work to restore it as soon as possible.

Al-Shammari said in a press statement followed by the Independent, "The current parliament is able to return the dollar exchange rate to its previous price, which is a popular demand in the first place," noting that "the exchange rate has harmed a large segment of the people and cannot continue for a longer period."

He added that "the framework will work to pressure the competent authorities to return it to its previous price," noting that "one of our priorities as deputies is to work on restoring the exchange rate of the dollar against the Iraqi dinar in the service of our people."

And the representative of the State of Law coalition, Firas Al-Maslmawi, had confirmed in a previous statement that his coalition and other representatives within the same direction would not allow the budget to be passed for the current year until after a reduction in the exchange rate of the dollar against the Iraqi dinar. link

Tishwash: Will the price of a barrel of oil reach 125 dollars?! Al-Kazemi's advisor reveals this

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, suggested, on Tuesday, that the price of a barrel of oil would reach 125 dollars, while noting that the Central Bank’s initiative to support medium and small projects with an additional trillion dinars falls within its policy within the limits of economic recovery.

Saleh said in an interview followed by / Iraq Today /, "The main task of the Central Bank is to fight deflation and stimulate local economic activity after the 2014 recession due to the entry of ISIS into Iraq, then the drop in oil prices, which produced depression in the market and high unemployment rates," pointing out He pointed out that “the Central Bank’s initiative to support medium and small projects with an additional trillion dinars falls within its policy within the limits of economic recovery with other policies of the government in the field of small projects, and of course, the lending banks are the ones who evaluate the investor and determine his ability to pay, which is one of the administrative obstacles.”

He added, "The hypothesis of rising prices to annual rates of approximately $125 per barrel requires opening the budget to employment-generating and income-generating projects, whether from the state's investment budget or supporting private sector investment activities produced with soft loans from budget revenues."

And Saleh called for “the establishment of a fund or account concerned with the stability of the budget and fed annually with a percentage of the surplus oil revenues, to face the risk of low oil prices in unexpected future conditions on the activity of public finances and within the cycle of oil assets. link