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Samson: Detailed statement..Finance announces 25 achievements in implementing the white paper

27th July, 2022

Today, Wednesday, the Ministry of Finance announced 25 achievements in implementing the white paper

The ministry stated, in a statement, that "the Iraqi government adopted, at the beginning of August of the year 2021, the implementation of the economic reform paper to be a comprehensive roadmap, with the main objective of addressing the serious challenges facing the Iraqi economy, reducing dependence on oil as the only resource for the state and stimulating production in various government, private and other sectors." Dozens of reform programs and projects

The statement added, "The Iraqi government is continuing to implement the terms of the white paper, and the Ministry of Finance has made advanced and successful steps under the guidance and follow-up of Ali Abdul Amir Allawi, and to proceed with the reform paper procedures to consolidate all possibilities and facilitate their application to all sectors

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Clare: Financial Expert: Issuance Of A Late Budget Law Is Better Than The End Of The Fiscal Year Without It

Baghdad - The financial expert, the financial advisor for the Prime Minister, Madhar Muhammad Salih, confirmed that "issuing a late budget law is better than the end of the fiscal year without it."
He told the National Iraqi News Agency (NINA) that the availability of the appropriate atmosphere is necessary for approving the general budget, even if its issuance was late.

Salih added: Issuing a budget law is better than the end of the fiscal year, which is empty without a general budget.
The state budget law was supposed to be approved at the beginning of this year. LINK

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Samson: Iraq signs a memorandum of understanding with the United Nations on the digital transformation project

26th July, 2022

The General Secretariat of the Council of Ministers announced, on Tuesday, the signing of a memorandum of understanding with the United Nations Development Program on the digital transformation project in Iraq.

A statement by the secretariat, which Mawazine News received a copy of, stated that, under the patronage of the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, the Director of the National Data Center in the General Secretariat of the Council of Ministers signed, today, Tuesday, with the resident representative of the United Nations Development Program (UNDP) in Iraq, a memorandum Understanding on the digital transformation project in Iraq.

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Samson: Adviser to the Prime Minister determines one option to reduce the dollar exchange.. He predicts the fate of the 2023 budget

07/25/2023 23:16:43

The Prime Minister's Advisor for Economic Affairs has identified one option to reduce the dollar's exchange rate against the Iraqi dinar, while predicting the fate of the 2023 budget.

Haitham al-Jubouri said; For the program broadcast by Al-Furat satellite channel tonight, that: “The financial equation in the country is the one that controls the exchange rate of the dollar, and if we want to strengthen the dinar and convince investors abroad to invest in the country gradually, the dollar begins to decline, i.e. encouraging investments and increasing non-oil revenues will raise the level of value of the dinar.

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Samson: Blaskharat Discusses With Iraqi Politicians How To Get Rid Of "Whales Of
Corruption"

24th July, 2022

The head of the UN mission in Iraq, Jenin Plaschaert, discussed today, Sunday, with the head of the Alliance of Resolve, MP Muthanna al-Samarrai, as well as other politicians, various issues, including ways to get rid of “whales of corruption.”

A statement by the media office of the President of the Resolve Alliance, received by Earth News, stated that "he met the head of the Resolve Alliance, Representative Muthanna al-Samarrai, and the leader of the coalition, Representative Talal al-Zoba'i, head of the UN mission in Baghdad, Jenin Plaschaert, in order to discuss the role of the UN mission in supporting the course of the political process."

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Samson: Officials in the Ministry of Justice hosted by Parliament next Wednesday

07/25/2022 18:41:07

The Parliamentary Legal Committee revealed that it will host general directors in the Ministry of Justice next Wednesday.

According to the committee's statement, {Euphrates News} received a copy of it: "Today, it held a meeting headed by Muhammad Anouz, head of the age group, and the presence of its members to discuss a number of important topics."

She added, "Where the meeting discussed the axes that will be presented during the scheduled hosting next Wednesday for a number of general managers in the Ministry of Justice, and the meeting also discussed the upcoming legislative entitlements, stressing the need to intensify efforts to proceed with the enactment of important laws."

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Samson: Parliamentary Legal: Dissolving Parliament is the only salvation from political blockage

24th July, 2022
The Parliamentary Legal Committee, 07-24-2022, recommended addressing the issue of choosing the prime minister through the constitution, while noting that the dissolution of Parliament may be a salvation from the current political impasse.

The head of the committee, Mohamed Anouz, said in a press statement, which was followed by the obelisk, that the root of the problem of choosing the prime minister is constitutional, not political, stressing the need to address the issue of choosing the prime minister through the constitution.

He added, that the dissolution of Parliament may be the salvation from the current political impasse.

He pointed out that the House of Representatives has nothing to do with the formation of the government or not, and the House must proceed with its legislative procedures, as there are legislations that have nothing to do with the government and have no financial aspect. LINK

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Samson: Zimbabwe debuts gold coins as legal tender to stem inflation

25th July, 2022

Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency.

The unprecedented move was announced Monday by the country’s central bank, the Reserve Bank of Zimbabwe, to boost confidence in the local currency.

Trust in Zimbabwe’s currency is low after people saw their savings wiped out by hyperinflation in 2008 which reached 5 billion%, according to the IMF.

With strong memories of that disastrous inflation, many Zimbabweans today prefer to scramble on the illegal market for scarce U.S. dollars to keep at home as savings or for daily transactions. Faith in Zimbabwe’s currency is already so low that many retailers don’t accept it.

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Tivon: I just read an article that said the neglect of the general budget will cast a negative shadow on the citizens. They say the EFSL is one solution bit not the final solution.

Well of course the EFSL was a solution for this year. Whoever wrote that article obviously missed the multiple reports by Jamal Cougar who stated that there was not any time left to pass one. And a more recent article from last week stating they are not going to pass one for this year.

Because if they do what would it be for exactly? Reconstruction? Well Al-Kazemi already met with a German ambassador to start working on liberated areas using the funds in the EFSL. Iran debt? Already paid for. Wages? Ministries already started adjusting that last week. Contracts? The EFSL cover all contracts and procedures. Borders? General Customs Authority said corruption has been reduced to zero thanks to automated electronic fingerprints.