"Tidbits From TNT" Tuesday 9-13-2022

TNT:

Tishwash:  A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals

Diplomats from 11 embassies and international organizations in Iraq met at the US embassy in Baghdad.

US Ambassador Alina Romanovsky said in a tweet on Twitter: "In our embassy today to help increase trade and investment in Iraq."

"We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq," he added.  link

Buttercup:  How can all the other countries wait on Iraq to RV?

Yada: buttercup,,,the fact that their dinar will have the greatest value of currencies,,even that of the dollar which is stronger than the others. 85 billion in reserve accounts. That gives them great spending power and those countries with dinar as a reserve account will increase the value of their currency.

Skinman:  So please correct me if I’m wrong, nothing‘s going to happen in a rack until the 17th when this holiday ends Then Itaq will have from then to October 4 to get their act together And have a government in place or else the UN and the EU will start dictating to Iraq what to do and how to do it to include putting a government in place?

JanitorJoe:  Bingo Fitgerald. ......

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Tishwash:  The World Council: Iraq is among the Arab countries with the most gold reserves

The World Gold Council announced, on Tuesday, that five Arab countries, including Iraq, possess more than a thousand tons as reserves of the precious metal.

The council said in a statistic published on its website during the month of September and seen by "Economy News", that "Saudi Arabia, Lebanon, Algeria, Iraq and Egypt have the largest reserves of gold among other Arab countries, where the total of these reserves amounted to 1.039 tons."

He added that "the amount of gold reserves for Saudi Arabia amounted to 323.1 tons, while the gold reserves of the state of Lebanon amounted to 286.8 tons, while the amount of reserves of the state of Algeria amounted to 173.6 tons," noting that "the gold reserves of the state of Iraq amounted to 130.4 tons, while the amount of gold reserves for Egypt amounted to 125.2 tons."

He pointed out that "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies.

It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world     link

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Samson:  Oil prices rise amid concerns over supply shortage

Oil prices rose on Tuesday, extending gains from the previous session, as investors worried about tight supplies ahead of the winter heating season in the northern hemisphere

Brent crude rose 5 cents to $94.05 a barrel by 03:06 GMT, while West Texas Intermediate crude rose 7 cents to $87.85 a barrel

Crude oil prices on both sides of the Atlantic have risen more than 15% this year due to the uncertainty caused by the conflict between Russia and Ukraine. Energy costs have also risen as Moscow cuts gas supplies to Europe amid Western sanctions imposed over its invasion of Ukraine

In the US, emergency oil stocks fell 8.4 million barrels to 434.1 million barrels in the week ending September 9, the lowest level since October 1984, according to data released Monday by the US Department of Energy (DOE)

US President Joe Biden in March laid out a plan to release 1 million barrels per day over a period of six months from the Strategic Petroleum Reserve (SPR) to address rising fuel prices in the United States, which have contributed to rising inflation

Meanwhile, the G7 countries will implement a Russian oil price cap to limit the country's oil export earnings, in an effort to punish Moscow for invading Ukraine, while taking measures to ensure the continued flow of oil to emerging nations

Mot:  .. and Yet another Tip on surviving that Marital Thingy!! ~~

Mot: . for the Last Time!! ~~~~~

Monday Evening Iraq Economic News Highlights 9-12-22

Monday Evening Iraq Economic News Highlights 9-12-22

730 Million Dollars.. Iraq's Industrial And Commercial Imports From Jordan Within 8 Months

2022-09-12   Yes Iraq: Baghdad   Today, Monday, the Amman Chamber of Commerce announced that Iraq ranked first for the second month in a row, with the most importing countries from Jordan during 8 months of the current year 2022, with the value of what Iraq imported more than 193 million dollars.

The Chamber said in a statement that "during the past seven months of this year, goods and commodities were exported to Arab and foreign countries, amounting to about 584 million dinars, compared to 477 million dinars for the same period last year."

She added that "exports were distributed in terms of value during the past 8 months of this year to Iraq with a value of about 138 million Jordanian dinars, Egypt 84 million dinars, Saudi Arabia 72 million dinars, the UAE 52 million dinars, then India with a value of 28 million dinars."

This means that Iraq imported more than 193 million dollars from the Chamber of Commerce in 8 months.

She pointed out that "the value of exports of foreign products (re-exports) amounted to about 247 million Jordanian dinars, industrial 157 million dinars, agricultural 109 million dinars, then Arab products with a value of 48 million dinars, and the rest for many other different products."

The Amman Chamber of Commerce indicated that it “issues certificates of origin for agricultural and animal products, raw Jordanian natural resources, foreign goods that are being re-exported and foreign goods purchased from the local market within specific conditions.”

In a recently announced statistic, Iraq had imported industrial products from Jordan with $536 million within 8 months, which exceeds the amount of other commercial imports by 170 percent, while the total industrial and commercial imports from Jordan within 8 months are about $730 million.  LINK

Minister: Legislation Of The Oil And Gas Law Is The Only Way To Resolve Differences Between Erbil And Baghdad

Shafaq News/ The Minister of Planning in the Kurdistan Regional Government, Dara Rashid, considered, on Monday, that the legislation of the oil and gas law in Iraq is capable of resolving differences and outstanding issues between Erbil and Baghdad.

Rashid said, in a statement he made to reporters today from Erbil, that dialogues are continuing to resolve differences between the regional government and the federal government, but due to the current political problems in the capital, Baghdad, it has led to a slowdown.

He added, "We hope that with the formation of the new federal government, dialogues between the two sides will resume, and that those differences between Erbil and Baghdad will be addressed in accordance with the constitution."

Rashid also indicated that the legislation of the oil and gas law in Iraq is the only way to resolve these differences with full adherence to the constitution, and we hope to legislate this law to find a radical solution to this file.

With regard to the general population census process in Iraq, the Kurdistan Minister said that the Federal Minister of Planning has taken a decision regarding this matter, and we are fully convinced that conducting the census in Iraq is very important with our observations and reservations on some details in this regard. LINK

Oil Raises Majnoon Field Production And Export Capacity Is "Fixed"... Raising Surplus Production By 40% And Accumulating It!

2022-09-12   Oil raises Majnoon field production and export capacity is "fixed"... Raising surplus production by  Al-Doura_oil_refinery_iraq   

Yes Iraq: Baghdad  The Ministry of Oil hopes to raise the production of the Majnoon oil field by 60%, which will raise Iraq's production to about 4.7 million barrels per day, at a time when Iraq's production capacity is currently only 4.5 million barrels per day, which means the possibility of raising the total production by 5%.

The Majnoon field management in the Basra Oil Company announced that it is hoped to increase the production capacity of the field to 400,000 barrels per day in 2023 after the completion of the “CPF-2” plant that is being built by Petrofac.

The Director of Majnoon Field Development Department at the Basra Oil Company, Diaa Shaker, stated that there is another ministerial plan to escalate the field’s energy to 600,000 barrels during the next four years, indicating that the plan was prepared in coordination with Anton Consulting Company in the field and KBR Company, and the comprehensive development plan was referred for its preparation. by Schlumberger.

The Majnoon field management in the Basra Oil Company said that the plan to develop the field and escalate production to 600,000 barrels per day depends on drilling 130 production wells, water injection, and establishing gas isolation stations with a capacity of 200,000 barrels per day, an acid gas treatment unit, an electric power station and other water injection stations.

Shaker added that the plan to escalate production to 400,000 barrels per day had actually begun three years ago, despite the difficult conditions that surrounded the field such as torrential rain and the repercussions of the Corona pandemic, but this year witnessed the completion of three development projects, including the ISB3 production support project, and drilling Connecting 30 wells, and the River Water project for washing oil, among others.

Majnoon field is currently producing 240,000 barrels per day, and by raising it over the next year by 60% to 400,000 barrels per day, it will mean adding more than 150,000 barrels per day to Iraq's production.

And while Iraq produces more than 4.5 million barrels per day, 3.3 of which go for export, and one million barrels per day represents Kurdistan’s production as well as domestic consumption, while there is a surplus of 200 thousand barrels per day left. It should not exceed 4.3 million barrels per day, due to its weak export, storage and refining capacity.

Therefore, this increase is considered “useless” at a time when the Ministry of Oil did not raise the export capacity of more than 3.3 million barrels per day, and there is already excess production in Iraq that it cannot export, consume or refine in refineries, amounting to about 200 thousand barrels per day, and by raising production, the surplus production will rise Iraq has “useless” to more than 350 thousand barrels per day, bringing the percentage of surplus in Iraq by more than 40%.  LINK

Iraq Confirms Its Commitment To Export Its Full Quota Within The OPEC + Agreement

Shafaq News/ Today, Monday, the Minister of Oil affirmed Iraq's commitment to exporting its full quota established under the "OPEC" agreement and determinants, and working with the members of the organization and its allies from outside the organization to achieve balance in global markets.

This came while he chaired the monthly pricing meeting for crude oil, according to a statement received by Shafak News Agency,

The statement quoted Minister Ihsan Abdul-Jabbar Ismail as saying that Iraq aims to increase its production and export capabilities in the coming years, by promoting investments in the oil and energy sector, noting the importance of investments in sustaining and strengthening Iraq's position among the producing countries, and maintaining its influential position in energy market.

The Minister of Oil stressed Iraq's commitment to support global investments in the oil and energy sector, stressing the fulfillment of its financial and contractual obligations.

He explained that the ministry is intensifying its efforts to expand the volume of global investments in free and associated gas, pointing out that the ministry's plans aim to achieve this in cooperation with reputable international companies.

The statement of the Ministry of Oil indicated that the Iraqi oil pricing meeting is held on a monthly basis under the chairmanship of the Minister of Oil and in the presence of the undersecretaries of the ministry, the Director General of the Oil Marketing Company “SOMO”, and the directors of each of the Financial Supervision, the Economic Department, the Studies Department, the Technical Department, contracts and licenses, and the concerned bodies and departments in Oil Marketing Company.  LINK

Direct Installation Of The Five Berths Pillars Of The Great Port Of Faw

Economy News – Baghdad   The General Company for Ports of Iraq announced, on Monday, the commencement of the installation of the five berths of the port of Faw.

The company's spokesman, Anmar Al-Safi, told the official news agency, "The erection of the five berths of the Grand Port of Faw was initiated by a mechanism brought by the Korean company, with the aim of completing the work in the port."

He added, "The pillars were erected inside the sea, in the place of the five berths," noting that "this mechanism is distributing and erecting the piers on a regular basis based on the directions and planning of the Italian consultant."

He added, "This is a high-level achievement for the berths' works, to be the beginning of the completion of these berths and the completion of all port projects during the allotted period."

Al-Safi said that "the installation of these pillars is a great achievement in the Al-Faw port project."[/size]

Views 85   Added 09/12/2022 - 7:48 PM  Update 09/12/2022 - 10:50 PM

https://economy-news.net/content.php?id=29675

The Cost Per Square Meter Is 3,000 Dinars.. Baghdad Governorate Unveils Four New Industrial Zones

Reconstruction and building   Economy News – Baghdad     Baghdad Governorate revealed, on Monday, four new industrial zones in the capital, Baghdad, including the industrial zone in Sab’ al-Bour, while indicating that the annual cost of one meter reaches 3,000 dinars.

The Director of the Municipalities Division in the Baghdad Governorate, Yasser Amjad, said, "The governorate continues with the Ministry of Industry to give industrial workshops within the Sabaa Al-Bour area that include blacksmithing, carpentry and other professions," noting that "the area of ​​the applicant for this industrial zone is given according to the size of the project and may reach 500 meters or 1000".

Amjad added, "This area includes medium industries, not heavy ones, such as canning plants or oils, in addition to that it will be divided according to the type of laboratories," noting that "the steps through which the land is granted to the applicant is to submit an application to the Industrial Development Department in the Ministry of Industry with his project." Approval is granted according to the conditions and mechanism followed.

And Amjad said in an interview with the official news agency, "After obtaining the approval, he took a recommendation addressed to the Municipalities Division in the province of Baghdad that includes the text of approval and a study of the economic feasibility of the project."

He pointed out that "the governorate owns other new industrial areas in Abu Ghraib, Al-Hussainiya, Al-Nasr and Al-Salam, with an area of ​​​​one dunam," noting that "the aim of these areas is to eliminate slums and put these factories in one and organized place."

And he added, "The land wages that will be obtained from the citizens are symbolic in support of the industry, and if the area is active, 3,000 Iraqi dinars per meter is taken annually."[

Views 191   Added 09/12/2022 - 6:00 PM  Update 09/12/2022 - 10:44 PM

https://economy-news.net/content.php?id=29672

The World Bank confirms its readiness to provide support to the Iraqi government in achieving economic reforms

Economie| 05:59 - 11/09/2022  Baghdad - Mawazine News, today, Sunday, the World Bank confirmed its readiness to provide more support to the efforts of the Ministry of Planning and the Iraqi government in the field of supporting development and achieving economic reforms.

The Ministry of Planning stated in a statement that Mawazine News received a copy of it, that "its Minister Khaled Batal Al-Najm received, today, Sunday, the new Special Representative of the World Bank in Iraq, Richard Abdel Nour and his accompanying delegation, and during the meeting, they discussed aspects of joint cooperation between the two sides in various economic issues." The Minister stressed, according to the statement, "Iraq's keenness

and strong desire to strengthen relations with the World Bank to serve development in the country," noting that "all projects that are being implemented Within the two funds, they should be among the priorities identified by Iraq, according to the development gaps.

For his part, Abdel Nour expressed "the World Bank's readiness to provide more support for the efforts of the Ministry of Planning and the Iraqi government, in the field of supporting development and achieving economic reforms, which Iraq needs, after the crises it has faced in recent years." Ended 29 / h

https://www.mawazin.net/Details.aspx?jimare=205170

Iraqi News Monday Evening 9-12-22

Iraqi News Monday Evening 9-12-22

Tlm724 Administrator Bondlady’s Corner

A Government Advisor Clarifies The Possibility Of Submitting A Law Proposal That Includes A Financial Aspect

Political | 09:48 - 12/09/2022 Baghdad - Mawazine News, the technical advisor to the Prime Minister, Haitham Al-Jubouri, explained today, Monday, the mechanism for submitting a proposal for a law that includes a financial aspect, while noting that the currency reserves rose to more than 85 billion dollars that the Iraqi state had not previously witnessed.

Al-Jubouri said, "There is a decision of the Federal Court that prevents the government from submitting any bill that has a financial aspect," noting that it is possible for the House of Representatives, through one of its committees or 10 deputies and more, to present a law proposal and take the government's opinion on it, as it will have financial consequences.

And he added, "The government cannot submit bills according to the decision of the Federal Court," noting that "we do not want many laws related to financial consequences or additional allocations, and we expect that there will be a government to approve a new budget."

And on the rise in currency reserves, al-Jubouri said that "the rise in reserves to more than 85 billion dollars is an important indicator for the Iraqi economy and growth," noting that "this rise was not witnessed by the Iraqi state previously."

He continued, "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency." Ended 29 / p. 87

https://www.-mawazin.net/Details.aspx?jimare=205296

Will The Iraqi Agreement With China Survive Foreign Conspiracies?

September 11 18:46   information / special   Iraq needs long-term strategic projects in order to improve the service reality that the Iraqi people need, and

one of the strategic agreements signed by Iraq is the Chinese agreement, that is, oil in exchange for Chinese companies activating the projects that Iraq needs to advance the service reality.

According to observers, Iraq is the biggest winner of the Chinese agreement because Chinese companies will extract it and export it to the Iraqi bank account, and

this will save Iraq from the cost of extracting and exporting oil and then selling it and then building projects, as the Chinese agreement shortened all these steps on Iraq,

but the agreement It collided with the interventions of countries that do not want Iraq to reach the stage of development, and

the second thing is the liquidation of international disputes at the expense of Iraq, which led to the failure to implement all its aspects.

On September 19, 2019, Iraq and China signed 8 agreements and memoranda of understanding at the conclusion of talks with Beijing, according to which Iraq opened a credit account in a Chinese bank, to deposit oil revenues of 100,000 barrels per day, in exchange for the implementation of infrastructure projects, such as schools, hospitals, roads, electricity and sanitation., to be determined through the Ministry of Planning and in coordination with the Council of Ministers,

but American and other pressures are being exerted on Iraq in order not to properly activate the Chinese agreement.

* What Is Its Relationship To The Formation Of The Government?

For his part, the representative of the State of Law coalition, Jassem Al-Moussawi, reveals, in an interview with Al-Maalouma, about "returning to the Chinese agreement in the coordination framework program after the formation of the next government,"

stressing that "Iraq needs its transition in service projects and modern roads in Mosul and building construction."

The advanced infrastructure and housing complexes that the Iraqi people need.”

Al-Moussawi says that "Iraq needs such strategic agreements in the future so that the oil export investment is in the right way," noting that "Iraq has lost confidence in foreign and European agreements after the failure of many of them."

* Exploiting The Abundance Of Money

In turn, the economic expert, Safwan Qusay, calls on the Iraqi government to raise oil exports to China from 100 to 300 thousand barrels per day because of a surplus in the general budget.

In an interview with Al-Maalouma, he says that  "the bank account of the Chinese agreement with Iraq amounts to 10 million dollars, and this will increase the ability of the Iraqi economy to face economic fluctuations,"

stressing that  "Iraq needs strategic projects in light of the financial abundance that occurred as a result of high oil prices.".

Qusay continues his speech,  "The agreement will work on the projects announced by the Ministry of Planning through the evidence it collects."

*Investing In Oil

In this regard, economic analyst Younis al-Kaabi confirms that Iraq has many opportunities to invest in oil with many major countries, similar to the agreement with China, which provides for obtaining oil in exchange for establishing projects for Iraq.  In an interview with Al-Maalouma, he says,

"The Chinese agreement, which did not complete the agreement on all its aspects with Iraq, would have served the country a lot by pledging to build thousands of schools and residential complexes as well as state institutions according to development and modernity that has not entered Iraq so far."  Al-Kaabi continues,

"If Iraq takes such strategies and concludes agreements, the rise or fall of global oil prices in the future will not directly affect the work of Iraq's future projects."

https://almaalomah.me/news/politics/هل-ستنجو-الاتفاقية-العراقية-مع-الصين-من-المؤامرات-الخارجية

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

Iraqi News Monday Afternoon 9-12-22

Iraqi News Monday Afternoon 9-12-22

Tlm724 Administrator Bondlady’s Corner

The Central Bank of Iraq announces that foreign reserves have risen to the highest level since 2003

Posted On2022-09-12 By Sotaliraq   The Central Bank of Iraq announced the rise in foreign reserves to the highest level since 2003, which amounted to 85 billion US dollars.

According to a statement issued by the Central Bank: Sunday (September 11, 2022), "The Central Bank of Iraq indicated that its foreign reserves amounted to more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003."

The bank pointed out that "the gold reserves of the Central Bank also exceeded (130.4) tons, at a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."

Last August, the Central Bank of Iraq announced that its cash reserves rose to $82 billion, which is the level before the ISIS war, while Iraq advanced 10 ranks in the list of the country with the most gold reserves in the world, with 130 tons.

A spokesman for the Central Bank of Iraq, Omar Essam, indicated that the bank's cash reserves rose to 82 billion dollars, and is expected to reach 90 billion by the end of the year.

The increase comes, after the bank’s cash reserves witnessed a significant decrease, as the Ministry of Finance resorted to it at the end of 2020 due to the financial crisis caused by the Corona pandemic and the drop in oil prices, and it withdrew 12 trillion dinars in a first step, and 14 trillion in a second step.

Regarding gold reserves, the Central Bank spokesman noted that Iraq possesses 130 tons of gold, and is among the countries with the most gold reserves, explaining that Iraq has advanced ten ranks in the list of these countries, ranking 30th in the world and 4th in the Arab world.   LINK

Large European Banks Announce Their Desire To Finance Renewable Energy Projects In Iraq

Money and business   Economy News / Baghdad  The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikhaif, discussed, on Monday, with the Ambassador of the European Union in Iraq Villa Fariola, investment in the field of renewable energy .

A bank statement said that "the meeting, attended by the Director General of the Center for Banking Studies at the Central Bank of Iraq, witnessed a discussion of bilateral economic and banking relations, especially in the field of training . "

"We have good relations with the countries of the European Union, and we seek to develop them ," he said.

He pointed to "the growing reserves of the Central Bank of Iraq of gold and foreign currencies during the last two years, and their positive impact on achieving financial stability in Iraq . "

The governor presented his "desire to enhance cooperation in the field of training for workers in the Iraqi banking sector, and to benefit from the expertise in European banking institutions . "

For his part, the Ambassador of the European Union praised "the efforts of the Central Bank to get Iraq out of the European list of high-risk countries," indicating "its desire to strengthen Iraqi-European relations in the economic fields . "

The ambassador pointed to "the desire of a number of large European banks to finance investment projects, especially in the field of renewable energy, given the opportunities that Iraq possesses in this aspect," appreciating "the position of the Central Bank of Iraq and its independence towards the political crisis, noting the wisdom and professionalism of the administration." high" .

It is worth mentioning that the Center for Banking Studies at the Central Bank of Iraq annually holds dozens of training courses for government and private bank employees to develop the capabilities of their employees . 23 . views   Added 09/12/2022 - 3:33 PM  Update 09/12/2022 - 5:28 PM

https://economy-news.net/content.php?id=29668

Central Bank Governor: The value of the dinar is stable and we are in the process of raising Iraq from the high-risk countries

Money and business   Economy News – Baghdad   The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed, on Monday, that the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly.”

In an interview with the Journal of the Center for Banking Studies, he said, "The Central Bank has significantly contributed to maintaining the stability of the value of the dinar, bearing, for this purpose, the costs of imbalance in the cash flow of the general budget."

He added, "We seek to work on activating indirect monetary policy tools, as well as adopting a policy of quantitative easing through the initiatives of the Central Bank, which amounted to about 18 trillion dinars."

He went on to say, "We are in the process of removing Iraq from the high-risk countries according to the European Union's classification."

He continued, "Work is currently underway with a number of sober international banks to create the necessary ground for banking cooperation with Iraqi banks that have outstanding performance and have a credit rating from accredited rating agencies."  Views 44   Added 09/12/2022 - 5:08 PM  Update 09/12/2022 - 5:32 PM https://economy-news.net/content.php?id=29670

Gold Prices And The Dollar Exchange In The Iraqi Market

Economie| 10:08 - 12/09/2022   Baghdad - Mawazine News   The dollar exchange rates witnessed, today, Monday, stability in the Iraqi Stock Exchange.

And the selling prices of the dollar were recorded at 147,900 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147,800 dinars per 100 dollars.  While gold prices fell, in the local markets.

The price of a 21-carat gold weight, the most widely traded among the public, reached 351 thousand and 895 dinars, excluding the fees of the craftsman.

The price of a gold weight of 24 carat amounted to 402 thousand and 155 dinars, excluding goldsmithing fees. Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=205216

Central Bank Governor: We Seek To Develop Banking Relations With European Union Countries

Economie| 01:53 - 12/09/2022   Baghdad - Mawazine News  Central Bank Governor Mustafa Ghaleb Mikheeb confirmed, on Monday, seeking to develop relations with the European Union countries, while the European Union Ambassador to Iraq Villa Variola expressed the desire of a number of large European banks to finance investment projects.

And according to a statement by the Central Bank, received by Mawazine News, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, received, today, Monday, the Ambassador of the European Union to Iraq, Villa Fariola, and during the meeting, they discussed bilateral economic and banking relations, especially in the field of training."

And Makheif stressed, according to the statement, "the existence of good relations with the countries of the European Union, and seeking to develop them," noting "the growth of the Central Bank of Iraq's reserves of gold and foreign currencies during the past two years, and their positive impact on achieving financial stability in Iraq."

He expressed his desire to enhance cooperation in the field of training for workers in the Iraqi banking sector, and to benefit from the expertise of European banking institutions.

For his part, Variola praised "the efforts of the Central Bank to get Iraq out of the European list of high-risk countries," indicating "its desire to strengthen Iraqi-European relations in the economic fields."

He pointed to "the desire of a number of large European banks to finance investment projects, especially in the field of renewable energy, given the opportunities that Iraq possesses in this aspect." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=205244

The Decline In Oil Prices And Brent Crude Recorded $ 91.56 A Barrel

Economie| 08:49 - 12/09/2022   Follow-up - Mawazine News: Oil prices fell on Monday, with expectations of global fuel demand being overshadowed by COVID-19 restrictions in China and the possibility of further interest rate increases in the United States and Europe.

Brent crude futures fell $1.28, or 1.4 percent, to $91.56 a barrel by 03:30 GMT, after settling up 4.1 percent on Friday.  US West Texas Intermediate crude fell $1.34 to $85.45 a barrel, or 1.5 percent, after rising 3.9 percent in the previous session. Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=205205

Oil Minister: Iraq Aims To Increase Its Production And Export Capabilities In The Coming Years

Economie| 02:01 - 12/09/2022   Baghdad - Mawazine News, Oil Minister Ihsan Abdul-Jabbar Ismail confirmed today, Monday, that Iraq exports its full quota within the OPEC agreement.

A statement by the ministry, received by Mawazine News, stated that "Oil Minister Ihsan Abdul-Jabbar Ismail chaired the monthly crude oil pricing meeting," noting that "the meeting was held in the presence of the ministry's undersecretaries, the Director General of the Oil Marketing Company SOMO, and the directors of each of the Financial Supervision, Economic Department.

Studies department, technical department, contracts and licenses, and concerned bodies and departments in the Oil Marketing Company.

The minister affirmed, according to the statement, "Iraq's commitment to exporting its full quota established in accordance with the OPEC agreement and determinants, and working with the members of the organization and its allies from outside OPEC to achieve balance in global markets."

He continued, "Iraq aims to increase its production and export capabilities in the coming years, by enhancing investments in the oil and energy sector," noting "the importance of investments in sustaining and strengthening Iraq's position among the producing countries, and maintaining its influential position in the energy market."

He stressed "Iraq's commitment to support global investments in the oil and energy sector, and to fulfill its financial and contractual obligations," noting that "the ministry is intensifying its efforts to expand the volume of global investments for free and associated gas, and that its plans aim to achieve this in cooperation with sober international companies." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=205246

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

Monday Afternoon Iraq Parliament News Highlights 9-12-22

Monday Afternoon Iraq Parliament News Highlights 9-12-22

Political analyst: The current period should be used to form the new government[/size]

Iraq   11:59 - 09-12-2022  Political analyst Moayyed Al-Ali said that the political process prevails in a positive atmosphere, which should be exploited in order to form the new government, pointing to the importance of not missing the opportunity, especially since the parliament presidency no longer has any excuse to continue disrupting the work of the Council.

Al-Ali said, "The sedition that occurred and the blood that fell should give an eloquent lesson to all presidencies and parties, as a strong political process should be formed that preserves the unity of Iraq."

He added that "the coordinating framework represents the largest parliamentary bloc, and it can form the government after the legislative institutions return to work again, especially since there is no excuse for the parliament's presidency to refrain from re-working the House of Representatives."

And Al-Ali said, "The current period should be used to form the new government, especially since most of the political blocs support this, and therefore it is an opportunity that should not be missed and go towards serving the citizen through the new government."    https://kirkuktv.net/AR/Details/8850

Iraq Scenario: Expectations Of The Protest Return

Sumerian special   2022-09-12 | 05:32   Source:   Sumerian   0 views   Cautious anticipation of what will happen, and expectations that the protest will return again

The Iraqis are waiting for what will happen after the Arbaeen visit..At a time when observers warn of the return of protests if the political blocs do not agree among themselves a calm before the storm.

Observers expect the October Sadrist protests to return again if the political blocs do not agree to overcome the current crisis .    LINK

The Fifth Session Of Parliament Cost The Treasury 171 Billion Dinars.. What Has It Accomplished Sinc

Article at link:   https://baghdadtoday.news/ar/news/200320/A

The Reasons For The Delay In Its Issuance Revealed .. Al-Kazemi’s Ministry Of Interior: We Need “Raw” National Cards

Shafaq News/ The Ministry of Interior addressed, on Sunday, Prime Minister Mustafa Al-Kazemi, its need for raw national cards.

The ministry said in a statement received by Shafak News Agency, that it "seeks, with all its joints and formations, to provide services and provide them to citizens, simplify procedures and move to electronic work instead of paper, and the ministry would like to show citizens its procedures for providing the national card as well as the reasons for delaying providing them with it, as it worked on preparing a file Integrated to the Office of the Prime Minister about the need of the Directorate of National Card Affairs for raw cards with the aim of filling the need of citizens in this field, due to the failure to approve the federal budget for the current year 2022, for the purpose of proceeding with contracting procedures according to the achieved ratio (1/1) of the 2022 budget, which authorized our Ministry Signing a supply contract (five million raw cards).

And the ministry indicated, “On 7/8/2022, the approval of the General Secretariat of the Council of Ministers was obtained in its letter of number (28445), in order to conclude the contract and proceed with the contracting procedures, and the Ministry of Interior obtained approval to contract (five million raw cards) after presenting the subject.

Before the Ministerial Council for Economy in the Council of Ministers within the schedule of the investment plan of the Ministry of the Interior for the year 2022, as the provision of financial credit was supported in the two aforementioned cases, and approval was made to prepare a technical and economic feasibility study and audit committees for this study and to approach the Contracts Directorate in the Ministry to proceed with the contracting procedures as soon as possible Under the supervision and follow-up of the Minister, the Senior Undersecretary, the Director of Civil Status, Passports and Residence, and the Director of National Card Affairs, and accordingly, in the next few days, the Directorate of National Card Affairs will be provided with (10 million raw cards) to meet the needs of citizens, due to their increasing demand for them.   LINK

Al-Maliki: There Will Be No Early Elections Until The Parliament Resumes

Policy   2022-09-11 | 15:00 Source: Alsumaria news   3,870 views   The head of the State of Law coalition, Nuri al-Maliki, considered, on Sunday, that there are no early elections until after the resumption of the House of Representatives.

Al-Maliki said in a statement, "The judiciary's ruling is that Parliament may not be dissolved, and this means that there are no early elections until after the Parliament resumes its sessions and the formation of a new government with full powers."

He added, "The political forces also expressed their support for the judiciary's decision and announced their refusal to dissolve parliament and the proposed early elections."

Al-Maliki added, "This means that there is no need yet to talk about this constitutionally, judicially and politically settled issue and it must be left and devotion of speech, efforts and proposals on how to activate Parliament and how to speed up the formation of a coalition government to achieve the best services and stability for Sisi and security."   LINK

Al-Maliki's Coalition Announces The Formation Of A Tripartite Committee To Visit Al-Hanana After The Forty

Political | 07:46 - 11/09/2022   Special - Mawazine News   The State of Law coalition revealed, on Sunday, the formation of a tripartite committee consisting of the Coordination Framework, the Alliance of Sovereignty and the Kurdistan Democratic Party to visit the leader of the Sadrist movement Muqtada al-Sadr at his residence in Hananah in Najaf governorate.

Member of State of Law, Wael Al-Rikabi, said in an exclusive interview with Mawazine News Agency, that the head of the Al-Fateh Alliance Hadi Al-Amiri will represent the coordination framework in this committee, which will meet with Al-Sadr to discuss the file of forming the government, indicating that the government will include all political spectrums and will not be limited to the parties forming the House of Representatives. .

He added, "It was stressed that the formation of the government should be purely for the national space." Ended 29/R77    https://www.mawazin.net/Details.aspx?jimare=205182

New Details Regarding The Tripartite Committee's Visit To El-Hanana

Political | 11:40 - 12/09/2022   Special - Mawazine News , the representative of the Al-Fateh Alliance, Salem Al-Anbaki, confirmed, on Monday, that the resigned Sadrist movement's deputies cannot return to Parliament again.

Al-Anbaki told Mawazine News, "Mr. Al-Sadr categorically rejected the return of the Sadrist movement's deputies to Parliament, and that the thrust of the visit would be to reach understandings and reassure the Sadrist movement."

He added, "The committee's visit will be to bless Mr. Al-Sadr with the formation of the government and to reassure the current about holding elections or amending the electoral law," adding that "everything is subject to discussion if that meeting takes place."

Yesterday, Sunday, the State of Law coalition revealed the formation of a tripartite committee consisting of the coordination framework, the Sovereignty Alliance and the Kurdistan Democratic Party to visit the leader of the Sadrist movement Muqtada al-Sadr at his residence in Hananah in Najaf governorate, indicating that the head of the Fatah Alliance Hadi al-Amiri will represent the framework in the committee. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=205231

Only Two Options.. The International Community Is Preparing To Intervene In Iraq

Political | 07:00 - 11/09/2022   Special- Mawazine News   The political crisis in Iraq caused by the last elections is approaching the completion of its first year, in light of international moves to end the crisis with an initiative that is preparing to be put forward by the representative of the Secretary-General of the United Nations in Iraq, Jenin Plasshart.

According to information obtained by Mawazine News, "the international community is increasingly concerned about the developments of recent events in Iraq, which have reached armed clashes, and is ready to intervene through the United Nations and European Union missions to reach a guarantor agreement between the Iraqi political parties."

And she adds, "The United Nations and the European Union will be the guarantors of the agreement of the Iraqi political blocs, especially between the coordination framework and the Sadrist movement on the one hand, and with the Kurdish and Sunni political parties on the other."

She points out, "Blackshart will present a working paper similar to the initiative to the Shiite political blocs of the Sadrist movement and the coordination framework for signing it and with an international guarantee. Two options were put before the Iraqi political forces to agree or move internationally to correct the political process in Iraq."

As for the text of the working paper or its articles, the information clarifies that it “includes holding early elections and dissolving Parliament within a period not exceeding six months,” without giving further details.

Since the early parliamentary elections that took place on the tenth of last October, Iraq has been living in a state of political impasse that reached its climax during the past month, when the Green Zone witnessed armed clashes that resulted in casualties and injuries, before the leader of the Sadrist movement Muqtada al-Sadr requested the withdrawal of his supporters from the region green.

A few days ago, al-Sadr issued a statement from several points in which he demanded early elections and the retention of the presidents of the republic and the ministers, but the coordinating framework that includes Shiite forces and is considered the largest bloc refuses to keep Al-Kazemi and insists on forming a government headed by his candidate, Muhammad Shia al-Sudani.   https://www.mawazin.net/Details.aspx?jimare=205177

The Democrat Talks About A Baseless Fantasy After The Meeting Of Barzani And Al-Halbousi

Political | 07:16 - 11/09/2022   Baghdad - Mawazine News   , the leader of the Kurdistan Democratic Party, Bankin Rekani, spoke about what he described as a "fantasy" after meeting party leader Massoud Barzani and Parliament Speaker Muhammad al-Halbousi.

Rikani said in a tweet via Twitter: "The statement issued by President Masoud Barzani's reception of Muhammad al-Halbousi, Speaker of Parliament, and Khamis al-Khanjar, head of the Sovereignty Alliance, expresses exactly what was going on in this meeting."

He added, "All other additions and speculations are pure imagination and absolutely unfounded." Ended 29 / https://www.mawazin.net/Details.aspx?jimare=205179

Monday Afternoon Iraq Economic News Highlights 9-12-22

Monday Afternoon Iraq Economic News Highlights 9-12-22

In 3 Governorates... Integrity: Delay And Poor Implementation Caused The Waste Of One And A Half Billion Public Funds

Economie| 12:15 - 12/09/2022   Baghdad - Mawazine News, the Integrity Commission announced, on Monday, that the Investigation Department carried out seizures of cases of waste of public money and violations in a number of departments in the governorates of Maysan, Wasit and Karbala.

In a statement received by Mawazine News, the department said, "The Maysan Investigation Office team was able, after investigations and audits, to diagnose cases of neglect in two of the municipal departments in the governorate, which led to a waste of public money by more than one billion and two hundred million dinars. "

She explained, "The waste occurred as a result of the failure of the Municipality of Maysan and the Municipality of Majar al-Kabir to collect the amount of (1,202,340,000) billion dinars as compensation from the company executing projects in the city of Hungary, despite the issuance of a decision by the City Court of First Instance to collect the amount for the benefit of the municipal department for the value of the damages it caused. The company on the streets during the implementation of the project.

The department indicated that "two separate seizure operations were carried out in the Wasit Governorate Water Directorate, during the first operation violations and poor implementation of the project to construct a chlorine storage building by the directorate, and the building has not been used until now despite its completion in 2019, which exposes it to damage and extinction, as well as Regarding the poor implementation of the project and the classification of the exchange in the maintenance section, contrary to the instructions,” pointing out that “the Wasit Investigation Office seized the origin of the exchange documents for the project, whose cost amounted to (186,000,000) million dinars.”

She added that, "during the second operation in the Water Directorate, it was revealed that there was an exaggeration in the purchase prices of alum, which was supplied by one of the private public trade companies to the Wasit Water Directorate in the years 2019 and 2022," noting that "the origin of the exchange transactions for the alum that were made was seized." Purchased, amounting to 360 tons.

On the other hand, the department explained that "the work team of the Karbala Investigation Office revealed, during the seizure of priorities for financial violations that occurred in the financial affairs department in the governorate, that there was an exaggeration in the process of dispatching (7) employees of the local administration in the governorate to the Emirates, for the purpose of reviewing the origin of the pipes.

Regarding the project of preparing and implementing the transmission lines for the unified Karbala water project, which is referred for implementation, noting that the amount allocated for dispatch amounted to (119,000,000) million dinars. Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=205235

Gold Prices And The Dollar Exchange In The Iraqi Market

Economie| 10:08 - 12/09/2022   Baghdad - Mawazine News   The dollar exchange rates witnessed, today, Monday, stability in the Iraqi Stock Exchange.

And the selling prices of the dollar were recorded at 147,900 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147,800 dinars per 100 dollars.   While gold prices fell, in the local markets.

The price of a 21-carat gold weight, the most widely traded among the public, reached 351 thousand and 895 dinars, excluding the fees of the craftsman.

The price of a gold weight of 24 carat amounted to 402 thousand and 155 dinars, excluding goldsmithing fees. Ended 29/N33   https://www.mawazin.net/Details.aspx?jimare=205216

Integrity Reveals The Formation Of A Coordinating Team To Improve The Work Of Border Crossings[/Size]

Political | 05:07 - 11/09/2022 Baghdad - Mawazine News, the Federal Integrity Commission announced the formation of the Border Ports Coordination Team headed by the Director-General of the Commission's Prevention Department. In order to improve the reality of its work, it is considered a basic pillar of national security.

The Authority's Prevention Department referred to the Prime Minister's directive that the authority should coordinate with the Border Ports Authority to follow up on the implementation of the recommendations issued by the detailed report on the meeting of the two bodies with the authorities operating at the ports, indicating in a report that it had conducted visits to the border crossings and customs authorities; To follow up on the implementation of the recommendations of the detailed report.

In a report prepared by the department on those visits, the department indicated that the authority's proposal regarding the work of the electronic system has been responded to. To prevent corruption and deter spoilers, indicating that the Central Organization for Standardization and Quality Control works with the electronic system of conformity certificates (online) for incoming goods for all licensed companies contracting with the agency, while the General Company for Ports of Iraq is working to implement the electronic management program;

To improve the effectiveness and productivity of the company and achieve the (IMO) requirements for a single window to get the company to the white list, as well as speed up procedures to reduce the time of delivery of goods to beneficiaries, and improve the processes of loading, unloading, payment and electronic collection.

Regarding the authority’s recommendation to switch to an automation system, the Border Ports Authority activated the customs and tax receipt audit program at the ports. To ensure that it is not falsified and to link the customs exemptions program with (the National Investment Authority, the General Authority of Customs, and the General Directorate of Industrial Development in the Ministry of Finance) through a special window for each department;

In addition to activating the electronic certificate of origin program to ensure that the certificate and commercial invoice are sent electronically, and to prevent forgery of transaction documents, the General Authority of Customs embarked on the first phase of implementing the customs procedures automation contract signed with UNCTAD in accordance with the standards International, and the General Tax Authority in coordination with the Ports Authority; To establish mechanisms for working in tax units.

The report monitors work to strengthen the cadres of inspection committees in customs centers to ensure the smooth flow of inspection procedures for goods and job rotation; To prevent abuse of the position, and to ward off suspicion of corruption, he noted the formation of a committee in the General Authority of Customs to inventory containers located in customs centers; To reduce the momentum caused by the accumulation of containers, and to obtain fundamental approvals to be presented to the judicial authorities;

To resolve them and issue decisions to confiscate them, after which, abandoned funds, after the Border Ports Authority obtained the decision (67 of 2022) from the Council of Ministers, which obligated ministries and agencies not affiliated with the Ministry and the governorates to remove the containers from the ports within (30) days, otherwise they are treated as abandoned funds.

And he touched on the efforts of the Integrity Commission and its control over the ports through its investigation and audit teams to strike preemptively through the operations carried out for smuggling cases that constitute a waste of public money, and to ensure compliance with anti-corruption, as well as holding seminars and workshops that contribute to enhancing integrity and combating corruption,

pointing out that All fees collected by the General Company for Ports of Iraq are fees for services costs and real costs performed by the company by contracting with specialized companies in the form of joint operation, provided that part of the revenues and wages are allocated to these companies.

The report stated that the Ministry of Environment had concluded a consultancy contract with one of the companies; For the purpose of setting up radioactive detection gates at the border crossings, to tighten control over the entry of radioactive contaminated materials, upon the invitation of the Integrity Commission, noting that the health teams of the health departments in Baghdad and the governorates have withdrawn samples of the consignments entering through the border crossing points, and sent them to accredited laboratories;

For the purpose of indicating its suitability for human consumption, as for the construction of laboratories for the Central Organization for Standardization and Quality Control, work is carried out according to the contracting program with international companies to carry out the pre-examination; In implementation of the international trade agreements that Iraq seeks to join; To facilitate the process of trade exchange at border crossings in line with international standards and agreements.

And regarding the detailed report’s recommendation to transfer the trade exchange yards between Iraq and the neighboring countries into Iraqi territory for the benefit of the labor market, and for good management and control over the entry of goods, the Ministry of Foreign Affairs approached the Iraqi embassy in Tehran and Amman to inform the competent authorities in the two countries to work on transferring the yards of trade exchange. At the ports of Zurbatiyah, Shalamcheh, Al-Sheeb and Trebil into Iraqi territory.

It is worth noting that the Integrity Commission announced in mid-2021 the recommendations that resulted from the first meeting to discuss ways to improve the work of the border crossings, which was attended by the President of the Federal Financial Supervision Bureau, the President of the Border Ports Authority and the governors of the governorates that host the ports, and the Director General of the General Authority of Customs, pointing to the President’s confirmation The Federal Integrity Commission Judge (Alaa Jawad Al-Saadi) said that border crossings represent one of the most important areas for supplementing countries’ budgets, and a passage for individuals, goods and merchandise, and one of the main fields in maintaining the country’s national security, and an essential pillar of development and facilitating investment opportunities. https://www.mawazin.net/Details.aspx?jimare=205163

With The Settlement Of The Salaries Of 4 Million Employees, The Percentage Of Financial Inclusion In Iraq Has Risen To 33.5%

Posted On2022-09-11 By Sotaliraq    On Sunday, the Association of Iraqi Private Banks announced that the rate of financial inclusion in Iraq has risen to 33.5% as a result of the measures taken by the Central Bank in implementing the financial inclusion strategy.

The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, said in a press statement today, that the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% over the year 2020, due to the policy of the Central Bank to support the project to localize employee salaries and increase Opening banking branches, supporting digital transformation operations, electronic wallets, payment points, and ATMs.

He added that the increase in the percentage of financial inclusion is a reflection of the increase in confidence in the banking sector, and thus will reflect positively on growth in the economy in general.

Tariq also indicated that the number of employees who settled their salaries until the end of 2021 amounted to about 4 million employees, which contributed to the number of bank branches reaching 905.

The Executive Director of the Association of Iraqi Private Banks confirmed that the increase in the percentage of financial inclusion is related to focusing on increasing financial transactions for individuals or companies and benefiting from various banking services.

He continued by saying that the volume of electronic wallets grew by 71% over the past year. As well as with a noticeable increase in the volume of deposits and credit provided to various sectors. LINK

Water Resources Implements A New Plan To Feed The Marshes Of The South And Prevent Its Inhabitants From Migrating

Reconstruction and building   Economy News-Baghdad  The Government Media Cell revealed the plan of the Center for the Revitalization of the Iraqi Marshes and Wetlands, which is affiliated with the Ministry of Water Resources, to reduce the effects of the current scarcity on feeding the marshes of the southern governorates, and to prevent the migration and migration of its population of fishermen and buffalo breeders in those areas .

The Director-General of the Marshes Recovery Center Hussein Ali Al-Kinani, in a statement during the visit of the field cell to the Al-Jbayish area in the Dhi Qar governorate, said, "The marshes were affected by the lack of water revenues from the upstream countries in conjunction with the high temperatures for the past three years, which led to the impact of the marshes and areas of inundation significantly.

This prompted the ministry to take urgent measures, including launching plans to reduce the effects of water scarcity, confront drought and limit the impact of the lack of supplies in the marshlands .

He added, "The ministry's plan was for its staff in the Marsh Recovery Center and the maintenance and irrigation departments to expand and deepen the nutrients of the marshes in Dhi Qar Governorate to preserve good quantities of water through available releases,

which are received according to the operational program prepared by the National Center for Water Resources Management, which was approved during a meeting The ministry’s summer plan, which included the deepening and expansion of the Hammar Marsh’s feeders on the right side of the Euphrates River and the central marshes’ feeders from the left Euphrates River in Dhi Qar Governorate .

According to the data, the dredging works and raising the mud deposits are still going on, especially after the expansion and deepening works that the center started to implement at the beginning of this year, where the implemented distance reached 78 km of pathways and streams feeding the marshes,

on the other hand, this coincided with the completion of important stages From the Euphrates River Water Improvement Project adopted by the General Secretariat of the Council of Ministers, where the plan contributed to reducing the percentage of dissolved salts in the Euphrates River in Dhi Qar Governorate by half, to reach the current ratio to (1850) parts per million at the beginning of this month, after it was (3545) part of Million at the beginning of the sixth month of this year .   18 . views   Added 09/12/2022 - 12:37 PM   Update 09/12/2022 - 1:19 PM   https://economy-news.net/content.php?id=29666

Oil Prices Are Declining During Asian Trading

Economie  2022-09-12 | 01:02  742 views  Alsumaria News – Economy Oil prices fell during Asian trading, as expectations of higher interest rates in the United States and Europe to curb inflation, and the strict restrictions imposed by China to combat Covid-19, cast a shadow on the outlook for global demand.

Brent crude futures fell 78 cents, or 0.9 percent, to $ 86.01 a barrel by 0040 GMT, after settling up 4.1 percent on Friday. US West Texas Intermediate crude fell 73 cents, or 0.8 percent, to record $ 92.11 a barrel, after rising by 3.9 percent in the previous session.

Prices were little changed last week due to the balance between the gains from a small supply cut carried out by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, a group known as OPEC+, and the ongoing COVID-19-related shutdown in China The largest importer of oil in the world.

Chinese demand for oil may shrink for the first time in two decades this year, as the policyBeijingThe goal of eliminating COVID-19 will keep people at home during the holidays and reduce fuel consumption.

Related Articles

Vivek Dar, an analyst, wrote in  Commonwealth Bank of Australia  In the note "Concerns about demand centered on the impact of higher interest rates to combat inflation and the policy China about zero covid.  LINK

Iraqi News Early Monday AM 9-12-22

Iraqi News Early Monday AM 9-12-22

Tlm724 Administrator Bondlady’s Corner

An Expert Talks About The Dangers Of Iran Going To Deal With The Iraqi Dinar

6,417 sweeteners 9/10/2022 21:08  Baghdad today – Baghdad Today, Saturday, economic expert Rashid Al-Saadi identified the reasons for offering the Iraqi dinar currency in Iranian local banks.

Al-Saadi said in a statement to (Baghdad Today), that "after Iran's decision, Iraq will import Iranian goods in the Iraqi currency, and this matter will have a significant impact on the exchange rate of the dollar in Iraq, as it will be affected by the same percentage that the Iraqi dinar is transferred to Iran."

He added, "There is an experience similar to the Iranian decision, which is the Russian experience when the countries that import Russian gas are forced to deal in rubles."

And that "this caused a direct impact on the devaluation of the European currency, which led to the strengthening of its currency, the ruble."   https://baghdadtoday.news/news/200284/خبير-يتحدث-عن-مخاطر-توجه

Only Two Options.. The International Community Is Preparing To Intervene In Iraq

Political | 07:00 - 11/09/2022   Special- Mawazine News  The political crisis in Iraq resulting from the last elections is approaching the completion of its first year, in light of international moves to end the crisis with an initiative that is preparing to be put forward by the representative of the Secretary-General of the United Nations in Iraq, Jenin Plasshart.

According to information obtained by Mawazine News, "the international community is increasingly concerned about the developments of recent events in Iraq, which have reached armed clashes, and is ready to intervene through the United Nations and European Union missions to reach a guarantor agreement between the Iraqi political parties." 

She adds,  "The United Nations and the European Union will be the guarantors of the agreement of the Iraqi political blocs, especially between the coordination framework and the Sadrist movement on the one hand, and with the Kurdish and Sunni political parties on the other."

She points out,  "Blackshart will present a working paper similar to the initiative to the Shiite political blocs of the Sadrist movement and the coordination framework for signing it and with an international guarantee.

Two options were put before the Iraqi political forces to agree or move internationally to correct the political process in Iraq."

As for the text of the working paper or its articles, the information clarifies that it “includes holding early elections and dissolving Parliament within a period not exceeding six months,” without giving further details.

Since the early parliamentary elections that took place on the tenth of last October, Iraq has been living in a state of political impasse that reached its climax during the past month, when the Green Zone witnessed armed clashes that resulted in casualties and injuries, before the leader of the Sadrist movement Muqtada al-Sadr requested the withdrawal of his supporters from the region green.

A few days ago, al-Sadr issued a statement from several points in which he demanded early elections and the retention of the presidents of the republic and the ministers, but the coordinating framework that includes Shiite forces and is considered the largest bloc refuses to keep Al-Kazemi and insists on forming a government headed by his candidate, Muhammad Shia al-Sudani.

https://www.mawazin.net/Details.aspx?jimare=205177

Will The Iraqi Agreement With China Survive Foreign Conspiracies?

September 11 18:46  information / special  Iraq needs long-term strategic projects in order to improve the service reality that the Iraqi people need, and

one of the strategic agreements signed by Iraq is the Chinese agreement, that is, oil in exchange for Chinese companies activating the projects that Iraq needs to advance the service reality.

According to observers, Iraq is the biggest winner of the Chinese agreement because Chinese companies will extract it and export it to the Iraqi bank account, and

this will save Iraq from the cost of extracting and exporting oil and then selling it and then building projects, as the Chinese agreement shortened all these steps on Iraq,

but the agreement It collided with the interventions of countries that do not want Iraq to reach the stage of development, and the second thing is the liquidation of international disputes at the expense of Iraq, which led to the failure to implement all its aspects.

On September 19, 2019, Iraq and China signed 8 agreements and memoranda of understanding at the conclusion of talks with Beijing, according to which Iraq opened a credit account in a Chinese bank, to deposit oil revenues of 100,000 barrels per day, in exchange for the implementation of infrastructure projects, such as schools, hospitals, roads, electricity and sanitation., to be determined through the Ministry of Planning and in coordination with the Council of Ministers,

but American and other pressures are being exerted on Iraq in order not to properly activate the Chinese agreement.

* What is its relationship to the formation of the government?

For his part, the representative of the State of Law coalition, Jassem Al-Moussawi, reveals, in an interview with Al-Maalouma, about "returning to the Chinese agreement in the coordination framework program after the formation of the next government," stressing that "Iraq needs its transition in service projects and modern roads in Mosul and building construction."

The advanced infrastructure and housing complexes that the Iraqi people need.”

Al-Moussawi says that  "Iraq needs such strategic agreements in the future so that the oil export investment is in the right way," noting that "Iraq has lost confidence in foreign and European agreements after the failure of many of them."

* Exploiting the abundance of money

In turn, the economic expert, Safwan Qusay, calls on the Iraqi government to raise oil exports to China from 100 to 300 thousand barrels per day because of a surplus in the general budget.

In an interview with Al-Maalouma, he says that "the bank account of the Chinese agreement with Iraq amounts to 10 million dollars, and this will increase the ability of the Iraqi economy to face economic fluctuations," stressing that "Iraq needs strategic projects in light of the financial abundance that occurred as a result of high oil prices.".

Qusay continues his speech,"The agreement will work on the projects announced by the Ministry of Planning through the evidence it collects."

*Investing in oil

In this regard, economic analyst Younis al-Kaabi confirms that Iraq has many opportunities to invest in oil with many major countries, similar to the agreement with China, which provides for obtaining oil in exchange for establishing projects for Iraq.  In an interview with Al-Maalouma, he says,

"The Chinese agreement, which did not complete the agreement on all its aspects with Iraq, would have served the country a lot by pledging to build thousands of schools and residential complexes as well as state institutions according to development and modernity that has not entered Iraq so far."

Al-Kaabi continues, "If Iraq takes such strategies and concludes agreements, the rise or fall of global oil prices in the future will not directly affect the work of Iraq's future projects."

https://almaalomah.me/news/politics/هل-ستنجو-الاتفاقية-العراقية-مع-الصين-من-المؤامرات-الخارجية

An Expert Explains The Reasons For The Increase In Central Bank Sales.. "The Solution To The Outlets"

September 11 19:04  information/special Today, Sunday, the economic expert, Nabil Al-Ali, explained the reasons for the increase in central bank sales, while the only solution to controlling currency smuggling is to control border crossings.

Al-Ali said in an interview with "Information", that "the sums smuggled from the currency sale window are the sums sold by the Central Bank minus the real amounts of import, in addition to the amounts of private transfers."

He added, "The increase in the Central Bank's sales must be linked to one or more of the following reasons:

increased trade and import movement, capital flight, and organized smuggling by corrupt politicians in the presence of political conflict that reached the use of weapons."

And regarding the solutions necessary to undermine corruption in the currency sale window, the expert explained that “the government does not have the authority over the central bank, even if it has the will,

because the central bank is an independent institution that is not under the control of the government,” noting that “the government can control the currency sale window through control.” on the ports.

He pointed out, "The presence of the window is necessary to feed the Iraqi market with dollars, and it may be possible to replace it with the other currency market, even if we will face other problems."

Earlier, the independent deputy, Basem Khashan, confirmed in an interview with “The Information” that

“in the next few days, we will announce the papers and documents that prove the Central Bank’s violation of all legal and financial matters in the presence of the Financial Supervision Bureau,” adding that “the Central Bank does not sell The currency is now working to sell Iraq”

https://almaalomah.me/news/economy/خبير-يوضح-أسباب-ازدياد-مبيعات-البنك-المركزيالحل-بالمنافذ

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

"Tidbits From TNT" Monday AM 9-12-2022

TNT:

Tishwash:  Sudden closure of the main entrance to the green zone

A security source said on Monday that the entrance to the Green Zone was closed from the side of Baghdad International Airport, without knowing the reasons yet.

The source told Shafak News Agency, that the security authorities allowed the fortified area to pass exclusively to those who have a special pass - a transit bag - and closed the entrance to the rest. link

Annie68:  They don't seem to give a .... if they have a government or not! Talk, talk, talk, settles nothing with them.

WhiteTiger:  We have been told the PTB does not want us toothless crackheads to have this. IMO they are waiting for us to give up and walk away

Doc:  Looks like kazimi will be embarrassed here since nothing got done that the international community wanted, they ignored the imf. No government. Just a tribal society. Maliki still calling the shots….Hopefully that will change in next 48 hours

Yada:  Tish: "The first step is to dissolve Parliament... an extension that lays out a road map to defuse the crisis". Read this folks because it sets the path they are to follow to diffuse the situation and DISSOLVE parliament. Considering the US/UN are set to come back in if nothing is done. Their holiday ends the 16-17th. Parliament is set to meet.

************

Tishwash:  The Iraqi crisis is about to escalate

An opinion poll conducted by "Al-Bayan" on its website and on its Twitter account showed that the political crisis in Iraq is heading towards a return to escalation to the street, which was confirmed by 60 percent of the respondents, via the site, and 65.5 percent of the respondents. On Twitter, 40 percent of the respondents said that the crisis is heading towards a satisfactory settlement for all parties, which was supported by 34.5 percent of Twitter.

On the content of the poll, journalist and writer Kamal Zakarneh confirmed that the indicators point towards a settlement that brings all political parties together at one table, and although there is an apparent rejection of the Sadrist movement’s initiative, in the end the coordination framework will meet in order to open new channels of dialogue, as all parties are in their interest. Reaching a settlement that satisfies all components in a peaceful and democratic way, away from high-level escalation.

A strong desire, and
Zakarna described: There is a desire on the part of the regional powers influencing the Iraqi scene to make the initiative a success, but it is now in the stage of exerting pressure in order to achieve more gains. Now they are awaiting the scene and what will happen in the country. Taking to the streets is not the best option, and they have fears of a possible escalation between the opposing forces. According to Zakarneh, the coming stages will include more quarrels and labors to reach an agreement, and this means that the content of the initiative will not see the light of day quickly, but rather it will require not a little time that will result in a parliament and a government of national unity.

The logical solution
On the other hand, the director of the Thuraya Center for Studies, d. Muhammad Al-Jaribi pointed out that the logical solution is to go to the dissolution of Parliament and hold elections in a fair manner, away from the quota system and sectarianism. Settling between political forces is not that easy. These forces want to preserve their gains, and therefore Iraq will not be stable unless the national interest prevails over interests. Personal. Al-Jaribi added: "Iraq is currently going through a phase of political impasse, and there are fears that the situation will deteriorate more than it is, but it will not reach the military escalation, however, this will affect the Iraqi people negatively."   link 

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Tishwash:  Central Bank: Iraq's reserves of gold and currencies have grown over the past two years

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheib, met today, Monday, the European Union Ambassador to Iraq Villa Variola.

A statement issued by the Central Bank stated that during the meeting, which was attended by the Director General of the Center for Banking Studies at the Central Bank of Iraq, bilateral economic and banking relations were discussed, especially in the field of training.

The governor affirmed the existence of "good" relations with the European Union countries, and said, "We seek to develop them."

He also referred to the growing reserves of the Central Bank of Iraq of gold and foreign currencies during the last two years, and their positive impact on achieving financial stability in Iraq.

The governor expressed his desire to enhance cooperation in the field of training for workers in the Iraqi banking sector, and to benefit from the expertise in European banking institutions.

For his part, the Ambassador of the European Union praised the efforts of the Central Bank to remove Iraq from the European list of high-risk countries, expressing his desire to strengthen Iraqi-European relations in the economic fields.

The ambassador pointed to the desire of a number of large European banks to finance investment projects, especially in the field of renewable energy, given the opportunities that Iraq possesses in this aspect.  link

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Tishwash:  The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy

The Governor of the Central Bank of Iraq, Mustafa Mikheif, received today, Monday, the Ambassador of the European Union to Iraq, Villa Variola.

According to a statement to the bank’s media, “during the meeting, which was attended by the Director General of the Center for Banking Studies at the Central Bank of Iraq, bilateral economic and banking relations were discussed, especially in the field of training.”

The governor welcomed the ambassador, stressing that “there are good relations with the countries of the European Union, and we seek to develop them.”

He pointed to the growing reserves of the Central Bank of Iraq of gold and foreign currencies during the last two years, and their positive impact on achieving financial stability in Iraq.

The governor presented his "desire to enhance cooperation in the field of training for workers in the Iraqi banking sector, and to benefit from the expertise in European banking institutions."

For his part, the Ambassador of the European Union praised “the efforts of the Central Bank to remove Iraq from the European list of high-risk countries,” noting “his desire to strengthen Iraqi-European relations in the economic fields.”

The ambassador pointed to the desire of a number of large European banks to finance investment projects, especially in the field of renewable energy, given the opportunities that Iraq possesses in this aspect. .

It is noteworthy that the Center for Banking Studies at the Central Bank of Iraq annually holds dozens of training courses for government and private bank employees to develop the capabilities of their employees, according to the statement.  link

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Sunday Late Evening Iraq Parliament News Highlights 9-11-22

Sunday Late Evening Iraq Parliament News Highlights 9-11-22

Two Reasons For The Political Blockage And Two Paths To A Solution.. Alsumaria Surveys The Opinions Of Specialists In Iraq

Sumerian special   2022-09-11 | 06:47   Source:   Alsumaria news   1,377 views   Alsumaria News – Politics   The political stalemate has continued to cloud the general situation since 11 months since the early elections in Iraq that were held on October 10, 2021, due to each party's adherence to what it sees, while the past periods witnessed the launch of several political initiatives to get out of the impasse. Political, launched from many parties within the political system.

He added, "The loopholes in the constitution and Iraqi law must be corrected by forming a committee of the political parties, Article 76, for example."

* Getting out of the impasse

After identifying the causes of the blockage, political analyst Abbas Al-Jubouri identified two ways out of the political impasse inIraqWhile he expected strong protests to take place after the end of the fortieth visit, Al-Jubouri said in an interview with

SumerianThe coordinating framework is continuing with the formation of the government, and the Sadrists' objections are still present, and therefore we will witness strong expected protests, and the result is that the tense political situation remains as it is, and there will be no breakthroughs soon, noting that "at the present time, the crisis cannot be resolved with the presence of all its parties."

He added, "The solution must be by understanding and consensus before holding any session of the Council." Iraqi parliament Or to form a government until the fuse of the crisis is withdrawn, but if the situation remains as it is, it needs other parties to solve this crisis, even if it is internal, to reach satisfactory results and get out of the political complexity.” For his part, the political analyst confirms

* The repercussions of the delay in forming the government Ali Al Sebahi Today, Sunday, the repercussions of delaying the formation of the government have become clear to all.

Al-Sabahi called in an interview withSumerian, "The political parties in view of the people to get out to safety," noting that "the repercussions of delaying the formation of the government have become clear to all."

He added, "The Security Council sent clear and explicit messages to all the political forces present in the region."IraqThe necessity of reaching political solutions, and we hope that the wise people in the political parties will find quick solutions.”   LINK

Parliament Decision: A Preliminary Agreement To Hold A Session To Elect The New President Of Iraq After The Forty

Shafaq News/ The Rapporteur of the Iraqi Council of Representatives, Gharib Askar, stated on Saturday that there is a preliminary agreement between the Presidency of the House of Representatives and the political blocs to resume holding legislative sessions after the fortieth visit of Imam Hussein.

In a statement to Shafaq News Agency, Askar said that the parliament will hold its session after the visit to elect the president of the republic and form the new federal government.

He added that there are a lot of holiday laws that need to be read and discussed and will be voted on after the parliament sessions resume.

The political scene in Iraq has undergone a dangerous turn since the supporters of the Sadrist movement led by the prominent Shiite cleric Muqtada al-Sadr stormed the parliament building in the fortified Green Zone in central Baghdad, and protested against Al-Sudani’s nomination for the position of prime minister of the next federal government, and withdrew from it by order of their leader after an armed clash With the security forces and elements of the armed factions.

The Sadrist bloc had obtained the highest votes in the early legislative elections that took place in October of 2021, but the efforts of the leader of the current failed to form the new federal government due to the Shiite coordination framework standing in its way by obtaining a fatwa from the Federal Court with the so-called blocking third in a contract The session for electing the President of the Republic, which paves the way for naming the Prime Minister.

The three-way alliance between the Kurdistan Democratic Party led by Masoud Barzani, the Sovereignty Alliance headed by Khamis al-Khanjar, and the Sadrist movement led by Muqtada al-Sadr was broken following the resignation of the Sadrist bloc's deputies, and the movement's withdrawal from the political process by order of al-Sadr.

The political scene is living in a crisis situation and a dead end unprecedented in the history of Iraq, as more than 300 days have passed since the early elections without being able to form a new government in the country, and the survival of the caretaker government headed by Mustafa Al-Kazemi.

On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure.

As soon as the preliminary results of the elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.    LINK

Observers: Early Elections Are Inevitable... And The Blocs Were Convinced To Resort To Them

Posted On2022-09-11 By Sotaliraq   Baghdad/ Firas Adnan   Observers reported that the political blocs have reached a full conviction that the solution to the political crisis is through early elections, and described this solution as decisive, but they talked about some differences related to some conditions, such as making amendments to the electoral laws.

And the scope of talk about early elections expanded, especially after most of the political blocs joined this option with some conditions, such as forming an interim government or making legal amendments or making pledges to respect the results.

Professor of Law at the University of Maysan Majid Mijbas said, "The call of the Sadrist movement's leader Muqtada al-Sadr to his partners in the Alliance to Save a Nation, namely the Sovereignty Bloc and the Kurdistan Democratic Party, to dissolve parliament does not constitute a legal violation."

Mejbas added, "The alliance between the three parties from a political point of view is still ongoing, and we have not heard of its end, directly or indirectly."

He pointed out that "what was stated in al-Sadr's tweet comes within the framework of consultations regarding the future steps that this coalition deems to be in order to take the appropriate ones."

Mijbas explained, "If Sadr's partners are on their former alliance, I think that his call must be met by agreement and understanding on a specific formula to get out of the current crisis."

And he indicated, "If the alliance ends, the parties, especially the Sovereignty Bloc and the Kurdistan Democratic Party, must officially declare this, and inform the Iraqi street and the Sadrist bloc of their position, and then move towards the constitutional benefits."

Mijbas stressed that “the law was suspended due to the reality that imposed itself on the law,” noting that “the Iraqi legal system is devoid of any reference to the parliament being dissolved on its own just because of the resignation of a number of its members, whether the Sadrists or their partners in the National Salvation Alliance.” .

He continues, "The dissolution of Parliament is governed by Article 64 of the Constitution, through two paths. The first is through the executive authority, which is currently in the discharge of daily tasks and cannot exercise this competence, and the second is the self-dissolution, that Parliament dissolves itself."

Mejbas stressed, "Al-Sadr's partners can submit a request to dissolve parliament, with confirmation that the Federal Supreme Court had previously confirmed the necessity of making amendments to the House of Representatives law regarding electronic counting and converting it to manual."

But he believes, "If Parliament dissolved itself without making amendments to the electoral law or its commission, there is no problem, but its responsibility may move because it did not implement the decision of the Federal Supreme Court on these amendments."

]Mijbas concluded, “The resignation of the representatives, whether from the Sovereignty Bloc or the Kurdistan Democratic Party, no matter how many they are, there are replacements for them according to the law, and the House of Representatives will not dissolve on its own, no matter how many resign.”

For his part, political expert Ahmed al-Yasiri stated that "each of the two sides of the political crisis, the Sadrist movement or the coordination framework, proceeded with its project to break the will of the other party, which is very difficult."

Al-Yasiri continued, "The solution may begin by presenting the coordination framework with another candidate for the position of Prime Minister instead of Muhammad Shia Al-Sawadni, provided that this candidate is independent and does not provoke the Sadrist movement in order to reduce the congestion."

He pointed out that "holding a new session of Parliament will only result in a decision to dissolve it, as it is the best option agreed upon by the blocs, but each according to its conditions."

Al-Yasiri explained that "the coordinating framework has an implicit desire to dissolve parliament in its desire to end the state of tension between the various political forces."

He stressed, "The conditions of the framework relate to changing the electoral system so that the results do not come out in the way they came in the last elections, and this matter will provoke the Sadrist movement as well."

Al-Yasiri called on "the political forces to realize the fact that the danger of the street is coming, by the departure of parties outside the political process, represented by the Tishreen forces and other left-wing parties to demand a correction of the course."

He stated, "Resorting to the ballot boxes is the decisive option to end all these disputes, as it is the only peaceful way that guarantees changes in the political scene."

Al-Yasiri concluded that “reaching the same results as the previous ones, which some political forces fear, does not mean the end. Rather, it is possible to go to third elections, and this is normal in democratic systems, because we are facing a crisis that the political blocs are looking for, in any way, for the appropriate solution.”

Iraq had emerged from early elections held in October of last year and resulted in results that led to a great difference within the Shiite house, after the desire of the Sadrist movement, which is the first winner, to form a political majority government. LINK

The Coordination Framework Challenges Al-Sadr And Talks About Resuming Parliament Next Week

Posted On2022-09-11 By Sotaliraq   Baghdad / Tamim Al-Hassan   Apparently, Muqtada al-Sadr, the leader of the Sadrist movement, threw his last papers into the political crisis after drawing a new way to dissolve parliament, while his opponents responded united by setting a supposed session for the parliament.

Al-Sadr demanded, shortly after the Federal Court refused to dissolve Parliament, its former partners (the Triple Alliance) and independents to resign collectively, and the government to remain until the new elections.

But the coordinating framework rejects what he described as “dictations” and intends to resume parliament sessions next week, after the end of the Arbaeen of Imam Hussein.

The two parties to the conflict are busy these days with the arrangements for the visit, which are facing criticism due to poor organization, but on the other hand, accusations and “threats” are directed against activists.

During the past few days, it was implicitly referred to the association of "Baathists" with activists, and news leaked about the possibility of the liquidation of dozens of those affiliated with the "October Revolution".

The civil movement in the country is working on large demonstrations that may start on the third anniversary of the protests that began in the fall of 2019.

Meanwhile, a well-informed politician told Al-Mada that "the coordination framework intends to hold a new session of Parliament on September 20."

The politician, who asked not to be named, asserts, "The framework wants to hold the session before the anniversary of the October demonstrations for fear of surprises."

It is widely believed in the Iraqi street, that the protest movements may escalate again after the end of the Arbaeen visit (which ends early next week).

The last outburst of demonstrations was recorded with bloody scenes, when more than 30 people were killed and dozens were injured in clashes that took place at the end of last August, between Sadr's followers and gunmen inside the Green Zone.

On the one hand, Rasoul Abu Hasna, a former deputy from the State of Law, points out that “the coordinating framework rejects the dictates of the leader of the Sadrist movement.”

Al-Sadr had attacked the recent decision of the Federal Court, describing it as "scared", and put forward a proposal in return to overthrow the legitimacy of Parliament through the resignation of deputies.

Abu Hasna, in an interview with (Al-Mada), says, "The Federal Court has determined the method of dissolving Parliament, and any other door must be closed to implement this procedure other than the law."

And the Federal Court responded last week, the case for dissolving the House of Representatives, which was submitted by the Sadrist movement, saying that the dissolution of the Council is not one of its terms of reference specified in the Constitution and the law of the court.

The court added that the constitution drew up the constitutional mechanism for dissolving the House of Representatives through Article 64, pointing out that the stability of the political process requires everyone to abide by the provisions of the constitution.

On the other hand, the former deputy fears that the objection will turn into a “political habit,” adding: “We do not want there to be a habit for any political party to resort to the street to solve problems.”

Abu Hasna asserts that "the coordinating framework is committed to the constitution, and the next session of Parliament will not hold elections for the president of the republic, but it will pave the way for this procedure."

Salih Muhammad al-Iraqi, who is close to the leader of the Sadrist movement, Muqtada al-Sadr, known by the title "Minister of the Leader", categorically announced that the Sadrist movement's bloc would not return to the Iraqi parliament after the resignation of its members from it.

While he stressed that his withdrawal came with the aim of blocking all roads to political consensus with the coordination framework that includes Shiite political forces, he renewed his hope that his Kurdish and Sunni allies would take a decision to withdraw from Parliament and proceed to early elections in the country, supervised by the President of the Republic, Barham Salih. And Prime Minister Mustafa Al-Kadhimi.

So far, no official positions have been issued by Sadr's allies, the Sovereignty Alliance, and the Kurdistan Democratic Party on the calls for collective resignation, which legal experts believe will turn the parliament into a "losing legitimacy" party if half of the representatives resign (165), as most decisions and quorum within the parliament are not achieved. less than that number.

On the other hand, the Democratic Party's spokesman, Mahmoud Mohamed, confirmed that there were no dialogues regarding withdrawal from Parliament, noting that such issues are supposed to be discussed in the meetings to reach a decision on them.

The party’s spokesman explained, according to Kurdish media, that the Democratic Party has a special committee to negotiate with the Iraqi parties, and believes that “such issues are supposed to be discussed in the meetings to reach the decision that must be taken.”

Regarding the early elections, he stressed that the Democratic Party has no objection to holding them, provided that the political parties agree to accept their results, and only then will they be effective.

Attacking the Charna

Meanwhile, the compass of the attack turned to the activists of the "October Revolution", where they were referred to by some electronic platforms close to "Al-Attar" with the possibility of their involvement in the Baathist cell, which the crowd said it arrested last week.

The crowd confirmed in a statement that it was able to thwart a "Baathist plot" to stir up problems during the Arba'een visit, while it did not clarify the number of detainees or the places of detention believed to have taken place in Karbala.

On the other hand, news websites close to the Sadrist movement clearly indicated that the “framework” means the activists behind the news of the “Baathist cell.” Those websites spoke of a list of 200 activists who will be targeted in the coming days before expected demonstrations on the anniversary of the outbreak of the revolution next October. .

Mashreq Al-Fraiji, head of the Nazel Take My Right Movement, a political movement that emerged after the demonstrations, asserts that these news are "within the attempts of the systematic threat being practiced against activists."

Al-Fraiji said in an interview with (Al-Mada) that he and his colleagues "are paying the price of opposing the regime and political forces through threatening messages and attempts to silence mouths, including the issue of belonging to the Baath."

In addition, prominent activist Ahmed Wishah denies the existence of prosecutions for supporters of the October demonstrations, but stressed that "those news will be followed up."

Weshah tells (Al-Mada) that "Tishreen is a popular revolution and it has nothing to do with the Baath Party or any other political party."

He added: "Targeting and slander are methods that the influential forces use to distort October, especially since these parties have money, power, and centers specialized in spreading rumors and fabricating photos and videos." LINK

Sunday Late Evening Iraq Economic News Highlights 9-11-22

Sunday Late Evening Iraq Economic News Highlights 9-11-22

The Four Presidencies Cost Iraq 4 Trillion Within 7 Months

Money and business   Economy News-Baghdad   The economic expert, Nabil Al-Marsoumi, revealed, on Sunday, the total cost of the expenses of the presidencies of the republic, the House of Representatives, the government and the supreme judiciary, indicating that it cost the state more than four trillion dinars .

Al-Marsoumi said in a post on his Facebook page that “the cost of the House of Representatives amounted to 302.9 billion dinars, the Presidency of the Republic 27.6 billion dinars, the Council of Ministers = 4.158 trillion dinars, and the Supreme Judicial Council = 236.3 billion dinars .”

Al-Marsoumi added, "The total expenses of the presidencies during seven months amounted to 4.725 trillion dinars."   18 . views   Added 09/11/2022 - 1:31 PM  Update 09/11/2022 - 2:49 PM

https://economy-news.net/content.php?id=29650

A New Iraqi-Iranian Agreement On Travel Between The Two Countries

Internationals   2022-09-11 | 06:40   5,151 views   Alsumaria news – International The head of the Iranian Civil Aviation Organization, Mohammad Mohammadi Bakhsh, announced today, Sunday, an agreement with Iraq to lift restrictions on increasing the number of flights to Najaf and Baghdad until the end of the month of Safar.

Mohammadi Bakhsh said in an interview with the Iranian "IRNA" agency, followed by Alsumaria News: Regarding the recent talks with Iraq to facilitate and increase flights between the two countries, more than 120 regular flights between Iran and Iraq existed and increased in the Arba'in season to a thousand flights.

He added that the demand for air travel from Iran to Iraq is more than a thousand flights, and it was decided to lift the restrictions imposed on the number of flights until the end of the month of Safar, during continuous meetings with officials of the Iraqi Civil Aviation Organization, as well as officials from Najaf and Baghdad airports.

And between: Iraq will provide the necessary facilities for Iranian flights, and in return we have provided ground support equipment at airports to Najaf Airport.

He pointed out that: We advise Iranian visitors participating in the Al-Arbaeen Al-Husseini visit to return to the country today (Sunday) and tomorrow (Monday) because airlines and airlines have more vacant seats on these two days.    LINK

For The Fourth Month In A Row In Iraq, The Contribution Of Oil To The Budget Reached

Shafaq News/ The Ministry of Finance issued the Iraqi state accounts for the month of July for the fiscal year 2022, which indicated that the contribution of oil in the federal budget is still high, reaching 96% for the fourth month in a row, while an economic expert considered that the rise is normal for Iraq's rentier economy.

Shafak News Agency followed the data and tables issued by the Ministry of Finance in the current month of September for the accounts of last July, which indicated that oil is still the main resource for Iraq's general budget, reaching 96%, which is the same percentage for the month of last June, which indicates that the rentier economy is the basis in Iraq's general budget.

Through the financial tables, it shows that the total oil revenues for the month of July amounted to 88 trillion and 381 billion and 38 million and 997 thousand and 103 dinars, which represents 96% of the total revenues, while the total non-oil revenues amounted to 3 trillion and 539 billion and 615 million and 851 thousand and 199 dinars.

It constitutes 4% of the total revenues, while the total oil and non-oil revenues amounted to 91 trillion and 920 billion and 654 million and 848 thousand and 302 dinars, which is 94.48% higher than the same period last year 2021, which amounted to 47 trillion and 264 billion and 595 million dinars as a result of high prices oil.

According to the finance report, the revenues for the month of July came from current revenues, which amounted to 91 trillion and 877 billion and 18 million and 164 thousand and 945 dinars, and also came from capital revenues, which amounted to 43 billion and 636 million and 683 thousand and 357 dinars.

for his part; Financial expert Hilal Al-Tahhan said in an interview with Shafaq News Agency, "The increase in the proportion of oil in Iraq's general budget is a natural thing for Iraq's rentier economy," noting that "Iraq has not benefited so far from its large budget in diversifying its economy."

He added, "The countries of the world are currently moving towards clean energy and gradually dispensing with carbon, and therefore what we are witnessing today in the rise in oil prices may not be witnessed at all in the coming years, and Iraq will be in trouble as a result," noting that "all the Gulf oil countries have tended to diversify their economy from Through investments abroad and the formation of a large production structure within their countries.

The Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, had confirmed in March 2021 in an interview with Shafaq News Agency; The reasons for the economy to remain rentier are due to wars and the imposition of sieges during the past era and the political conflicts we are witnessing today, which have led to the dispersal of economic resources.

And the Iraqi state’s continuation of relying on oil as the only source of the general budget makes Iraq at risk of global crises that occur from time to time due to the impact of oil on it, which makes Iraq turn every time to cover the deficit through borrowing from abroad or inside, which thus indicates the inability to manage Effectively state funds, and the inability to find alternative financing solutions.    LINK

Al-Halbousi “Obliges” The Finance To Confirm The Lecturers, Contracts And Employees (Document)

Shafaq News / Parliament Speaker Muhammad al-Halbousi announced today, Saturday, the obligation of the Ministry of Finance to confirm the lecturers, contracts and daily procedure, and to cancel previous circulars of the ministry that "violate" the Food Security Law.

Parliament Speaker Muhammad Al-Halbousi said in his response to a document submitted by the representative of his bloc, Muzahim Al-Khayyat, regarding the exclusion of the Ministry of Finance, the issue of fixation after 2019, and seen by Shafak News Agency, that he "obligates the Ministry of Finance to implement Paragraph 3 of Table (A) of the Food Security Law, which is related to fixing all Contracts, lecturers and daily procedure after 10/2/2019 and the cancellation of the Ministry of Finance’s circular No. 26377 dated 8/23/2022, which stipulated their exclusion from the confirmation.

The deputy of the Progress Party, Muzahim Al-Khayyat, expressed in a document he submitted to the Speaker of the House of Representatives his “astonishment at the uncles of the Ministry of Finance for excluding contractors from some ministries, including higher education and scientific research,” while the Speaker of Parliament called for “intervention and approaching the Prime Minister to instruct the Ministry of Finance by canceling these uncles.

The Ministry of Finance had announced, on September 6, 2022, the suspension of all appointments of contracts and lecturers to the owners of the Ministry of Higher Education and Scientific Research, after two decisions were issued on 10/2/2019, while a document quoted the Director General of the Administrative and Financial Department in the Ministry, Asaad Ghani Jihad, explaining that " Otherwise, the universities will bear the legal, administrative and financial consequences."    LINK

Iraq Calls On The International Community To Provide Justice For The Victims Of Terrorism And Initiates Psychological And Health Recovery Programs

Shafaq News/ The Iraqi National Security Adviser, Qassem al-Araji, called on the international community to do justice to the victims of terrorism and reintegrate them into society, declaring that the Iraqi government launched psychological and health recovery programs for all societies that were under the control of ISIS.

This came during Al-Araji’s participation in the First World Conference on Victims of Terrorism, held at the United Nations Headquarters in New York, and via closed-circuit television, with the participation of the Deputy Secretary-General of the United Nations, Director of the Counter-Terrorism Office, Vladimir Voronkov and the Spanish Minister of the Interior. He also held Iraq’s seat at the United Nations as delegate Permanent Ambassador Mohammed Hussein Bahr Al-Uloum.

Al-Araji delivered Iraq's speech at the conference, in which he stressed that "Iraq has faced terrorism and extremism for years, as the terrorist organization ISIS tried to ignite sedition, raped cities, killed men and women, stole money, and caused the emigration of more than one million and four hundred thousand citizens, but the Iraqis thwarted its plans with their awareness and cohesion." social".

Al-Araji added, "The Iraqis, with all their components and sects, fought heroic battles against the terrorist Daesh, and the fatwa of sufficient jihad issued by the supreme reference had a great impact on the victory over terrorism, noting that the terrorist threat of Daesh has become limited, thanks to the sacrifices of the security forces of all kinds and the help of the international coalition and countries." girlfriend."

Al-Araji indicated that "the Iraqi government launched psychological and health recovery programs for all communities that were under the control of ISIS, adding that the psychological cell of the National Security Adviser continued its tasks with the support of the Iraqi government, civil society organizations and the United Nations, to provide treatment and advice to restore psychological balance to the victims of terrorism, Through the use of psychiatric clinics for returnees from the Syrian Al-Hol camp and the rest of the displacement camps, to help the victims cope and understand their fears.”

Al-Araji also indicated that "the Iraqi government has enacted the Victims of Terrorism Law No. 20 of 2009, as well as the Redress for Yazidi Survivors Law, in order to enforce the law and punish terrorist criminals."

Al-Araji called on the international community to "fair justice to the victims of terrorism and reintegrate them into society, by increasing programs to support victims and rehabilitate returnees from the Syrian al-Hol camp, especially women and children, as well as focusing on raising the capacities of workers in the field of psychological rehabilitation, stressing that Iraq is heading towards developing a strategy It includes an integrated package of services to cover the needs of victims of terrorism.    LINK

Erbil Chamber Of Commerce Organizes An "Exceptional" Course For Small Business Owners

Shafaq News/ The Chamber of Commerce in Erbil, the capital of Kurdistan Region, held on Sunday, a graduation ceremonies for the first course for developing small projects.

The Director General of the Chamber of Commerce, Dara Jalil, told Shafaq News Agency, "The course included 37 people from small business owners, and included how to develop their business and benefit from the experiences of leading companies in this field."

He added, "This course was held for a month, in coordination with a number of representatives of leading international companies in several fields, to transfer their expertise to small companies and emerging projects in the Kurdistan Region."

In turn, Nasih Hawrami, one of the participants in the course, told Shafaq News Agency, "I have a solar energy generation company and I participated in this course because it helped me a lot in knowing the weaknesses of my project and how to solve them and turn them into strengths like the leading companies in the field in which I work."    LINK

Iraqi News Late Sunday Evening 9-11-22

Iraqi News Late Sunday Evening 9-11-22

Tlm724 Administrator Bondlady’s Corner

He Called For An End To The Rivalry Between Al-Sadr And His Rivals.. Report: The Iraqi Political Conflict Dampens Hopes Of Saving The Economy

Reports & Analytics    breaking    Sadrist Movement    Iraqi economy    coordinating framework    The Carnegie Institution of America

2022-09-10 00:18  Shafaq News / A report by an American institute issued today, Friday, revealed the impact of the current political impasse on the rival political blocs and the Iraqi people, and indicated that

ending the economic crisis may be "more difficult", Al-Sadr and his opponents called in the coordination framework to transform competition to achieve economic reforms urgent.

The American "Carnegie Institution" said in a report translated by Shafak News Agency;

The economic consequences of the political impasse that Iraq is witnessing at the present time will not be in the interest of the rival political blocs nor in the interest of the Iraqi people, as ending the economic crisis may be more difficult than expected, especially in light of the escalation of the political conflict between Muqtada al-Sadr's supporters and Shiite parties.

The conflict, which leads to an escalation of the cost of economic reform.

The US report stated that "this matter has weakened the prospects of adopting a practical and effective budget, impeding the necessary progress that has been achieved in the areas of infrastructure spending and delaying efforts aimed at achieving urgent economic reforms."

The report pointed out that "the political crisis after the recent elections, caused the collapse of popular support that the country needed in order to address the most important problems facing the Iraqi economy, which are represented in the deterioration of public services and the spread of unemployment."

And after the report pointed out that "these two problems were briefly addressed during the discussion of the (Emergency Support for Food Security and Development) law that was passed in June and whose expenditures were set at (17 billion dollars),"

he considered that "bureaucratic complications raised many questions about the possibility of Implement this law transparently as it is "too brief and somewhat contradictory."

And the institute continued in its report that  "at a time when the competing Shiite blocs are seeking to control the country's resources, including record-breaking oil revenues, directing public spending towards creating job opportunities and improving health care has become an almost impossible task,

especially in light of the steady rise in rates of Unemployment, as official figures show that more than a third of young people are not in school, in work, or in training.

The report pointed out that "international support was a major factor in pushing Iraq to achieve economic and administrative reforms," noting that

"in 2017, Iraqi government officials and academics partnered with international specialists to formulate what they called (Economic Vision 2030), explaining that "This vision was aimed at addressing the gap in wealth distribution and income and paving the way for spending on infrastructure needs.”

The report indicated that "political instability conditions eventually dampened the momentum of that vision, in light of the refusal of the competing blocs to resolve acute disputes related to revenue sharing."

Despite this, the report confirmed that “the Iraqi economy has shown some positive indicators in recent months, as it is expected that oil and non-oil growth will return to pre-Corona pandemic levels, and that the economy will record an average growth rate of 5.4% annually between 2022 and 2024.”

The institute also points out that “the economic prospects appear murky due to the delay in forming a new government, as the absence of an effective government creates great challenges to the transparent use of more than $60 billion in oil revenues recorded during the first half of this year,” adding that

“Al-Sadr and his competitors At the same time, they are not interested in introducing legislation that would help diversify the sources of expenditure in order to achieve the improvement of public services.

The report urged the two competing Shiite blocs to "put aside their internal political fighting, and turn the competition between them into a competition to achieve urgent economic reforms,

which was demanded by Al-Sadr himself in the post-election stage when he stressed the need for gradual reform that eliminates poverty and rampant corruption, and demanded the representation of All sects are in state institutions.

The report emphasized that  "political paralysis affects about 370,000 families, who live without money in light of fears of looming unrest in some of the electoral districts of these Shiite blocs," noting that

"while the prospects for reconciliation between al-Sadr and the coordinating framework forces seem murky so far. The Iraqis will continue to bear the burden of economic neglect once again."

Translation: Shafak News Agency   https://shafaq-com.translate.goog/ar/تقارير-وتحليلات/دعا-لوقف-التناحر-بين-الصدر-ومنافسيه-تقرير-الصراع-السياسي-العراقي-يخمد-مال-انقاذ-الاقتصاد

Legal Expert: Parliament Has The Right To Authorize The Caretaker Government To Approve The Budget

On September 11, 2022  The Independent - The legal expert, Ali Al-Tamimi, explained that the extent of Parliament's ability to approve a budget, although the government is still managing daily matters, pointing out the importance of having final accounts before resorting to approving the budget.

Al-Tamimi said in a press statement, which was monitored by The Independent, that “Parliament can authorize the caretaker government the right to send the general budget law because it is related to food security, which is one of the first priorities of the caretaker government, and this authorization needs a vote of the absolute majority of the number of members (half of the total number). plus one) and that this right be limited only to the budget law.

He added that  "the mandate should include the approval of the final accounts of the previous year's budget in accordance with the Financial Management and Public Debt Law No. 6 of 2019, all in accordance with Articles 62, 5 and 61 of the Constitution and 12 and 13 of the Financial Management and Public Debt Law No. 6 of 2019 and articles 128 to 138 of the Parliament’s bylaws.

Al-Tamimi indicated that  “there is no such thing as a constitutional vacuum, because in the event that the budget law is not legislated, the disbursement is carried out at a rate of 1/12 of the previous year’s budget, that is, the last budget legislated according to the Financial Management and Public Debt Law 6 of 2019, and Parliament can take the government’s approval not to challenge the budget law before the Federal Court if it is initiated in this way, as happened in the emergency support law.”  https://mustaqila.com/خبير-قانوني-يحق-للبرلمان-تخويل-حكومة-ت

An Expected Iraqi Deal To Buy A Deterrent Weapon Against Turkey And Upset The Balance Of Power.. The Fifth Generation Is Coming

   1,217 Security 09/12/2022 00:00 ak  Baghdad today – translation An American research center confirmed today, Sunday, that Iraq's demand to buy Dassault Rafale fighters from France raises eyebrows in Washington.

A report by the James Down Foundation for American Research, which was translated by (Baghdad Today), said,

"Paris is looking at the arms market in the Middle East, and has signed important agreements with Egypt and the UAE - and now Iraq.

At a time of increasing competition in the fourth and fifth generation aircraft sector, A French deal with Iraq would significantly increase the French company's leverage in the booming combat aircraft sales market."

"Besides the geopolitical risks of selling out the sensitive regional balance of power between Iraq and its close adversaries, Baghdad's pursuit of French Rafales will have broader consequences for regional security from a technical point of view.

If the composition of aircraft weapons systems includes meteorites rather than mecha missiles, it could shift The regional balance of power is rapidly in favor of Iraq.

Thus, the Baghdad-Paris agreement will lead to a paradigm shift in the anti-terror policy of a major NATO country - Turkey."

He noted that  "by using Rafale aircraft, Iraq can prevent Turkish aircraft from entering its airspace and impede Turkey's ongoing military operations in northern Iraq."

He continued, "UAVs have become an integral part of Turkish intelligence efforts in these areas, Turkish intelligence expertise and precision deep strike capabilities are essential.

After the start of the Syrian Civil War, Turkish counter-terror operations in the region shifted to the concept of operations (CONOPS) which was Drones are greatly enhanced, with the aim of minimizing risks and minimizing personnel loss.Syrian airspace remains a particularly dangerous area, and Turkey lost an F-4 Phantom aircraft to the Syrian Arab Air Defense Forces in 2012.

Currently, the Iraqi Air Force cannot stop Turkish air strikes against the PKK. However, the scenario in which the Iraqi Air Force flies Rafale aircraft with advanced air missiles may be a disruptive factor for Ankara's strategy in northern Iraq."

He continued, "Given the versatility of the Rafale aircraft and its combat performance, Iraq's preference for it is logical.

The Rafale is already an advanced aircraft in high demand in the Middle East, as evidenced by the Egyptian and Emirati cases, where both countries chose Rafales instead of the F-35.

In the case of Baghdad, the main factor that pushed Baghdad into the arms of Paris, however, was Washington's refusal to provide Baghdad with the ammunition needed to operate its F-16s at full capacity.  And he added,

"Currently, the Iraqi Air Force has 34 F-16 aircraft.

However, Western intelligence claims that at least 10 of these aircraft have been permanently grounded due to lack of maintenance and equipment.

This creates a weakness in the Iraqi air capabilities, This prevents Baghdad from being able to fully operate the F-16s.

Following the attack on Balad Air Base, which hosts US forces, in April 2020, Lockheed Martin and other major defense companies withdrew their personnel from Iraq.  This disrupted support Maintenance and training for the Iraqis.

So, while competitors were quickly transitioning to 4.5 generation solutions, there was primarily a fear of backwardness, but another major factor was the lack of certified munitions that Washington provided to Baghdad.

Overall, what makes the weapons system truly effective Not only the platform itself, but also the configuration of the weapons and sensors that it comes with, which France may be willing to provide to Iraq."  He pointed out that

"Paris, had already made a successful entry into the defense market in the Middle East before rumors about Iraq's possible purchase of Rafale aircraft. Last year, France sold Rafale aircraft to the Egyptians and Emiratis, with the latter buying a total of 80 aircraft.

Thus, the French deal The Iraqi potential would deepen the already prominent French footprint in the defense industry in the Middle East.

Another aspect that makes Iraq a particularly attractive client for France is its alleged proposal to pay for its combat aircraft with oil.

Due to the looming oil crisis resembling the 1973 shock, it became Paris now urgently needs to find an alternative to Russian energy where its new client, Iraq, may be the solution."  He explained,

"However, acquiring the Rafale is not a panacea for air superiority.

In fact, the game-changing factor will be the munitions that accompany the Rafale.

Whereas a deal that includes a medium-range Mica missile will not have a significant impact on the balance sheet." With regional powers, the scenario in which Paris supplies Baghdad with Meteor missiles will be the real turning point.

Acquiring the Meteor beyond visible range (BVR) missiles means that Iraq gets improved offensive capabilities that can engage a wide range of targets ranging from armed unmanned vehicles to cruise missiles.

This would enable Baghdad with a flexible military capability, as well as an advantage in regional airspace."

Meteor missile repercussions:

A scenario in which the Iraqi Raffles planes come with Meteor missiles will have serious repercussions.

First: Such a purchase would change the balance of power between Israel and the countries of the region. Supplying Tel Aviv's adversary, Iraq, with Meteor missiles would directly undermine Israel's qualitative military advantage in the region.

Second, equipping the Iraqi Air Force with Rafale fighter jets and Meteor missiles will have repercussions on Turkey's counterterrorism policy.

Currently, the Iraqi Air Force has no advantage over the Turkish Air Force. This will still be true if Turkey buys a modernized F-16 from Washington or chooses a temporary replacement.

However, a scenario in which Ankara fails to transition to a 4.5 generation air combat or configuration that includes Meteor missiles will then provide Baghdad with a clear advantage over Ankara.

The superior Iraqi air capabilities would allow Iraq to deprive Turkey of its national airspace and impede Turkish operations in northern Iraq. In addition, the Iraqi air force equipped with Raffles and BVR missiles poses a great danger to Turkish manned aircraft.

Exploiting the vacuum created by Washington, Paris is rapidly filling the Middle East arms market with advanced systems and generous technical assistance.

Moreover, Paris is determined to meet the region's growing demands, even if at the cost of changing the regional balance of power and rewriting counterterrorism rules to a major NATO ally like Turkey, if not Israel as well.

In short, Iraq's pursuit of the Rafale may soon alter regional dynamics, and the United States' reluctance to share its technology will be a factor behind this development."  '

https://baghdadtoday.news/news/200365/صفقة-عراقية-مرتقبة-لشراء

The World Bank Is Ready To Support Economic Reforms In Iraq

economy    The Ministry of Planning    The World Bank  2022-09-11 07:07  Shafaq News/ Today, Sunday, the World Bank expressed its readiness to support the Iraqi government in the field of development and achieving the economic reforms that the country needs.

The media of the Ministry of Planning said in a statement received by Shafak News Agency, that Minister Khaled Battal Al-Najm received today the new Special Representative of the World Bank in Iraq Richard Abdel Nour and his accompanying delegation, explaining that during the meeting, aspects of joint cooperation between the two sides in various economic issues were discussed. And development, especially in relation to the working mechanisms of the Recovery and Reconstruction Fund in Iraq and the Social Fund for Development.

The statement quoted the minister, confirming Iraq's keenness and strong desire to strengthen relations with the World Bank to serve development in the country,

indicating that all projects being implemented within the two funds should be among the priorities identified by Iraq, according to the development gaps.

For his part, Abdel Nour expressed, according to the statement, the World Bank's readiness to provide more support to the efforts of the Ministry of Planning and the Iraqi government, in the field of supporting development and achieving economic reforms, which Iraq needs, after the crises it has faced in recent years.   https://shafaq.com/ar/اقتصـاد/البنك-الدولي-يبدي-استعدادا-لدعم-ال-صلاحات-الاقتصادية-في-العراق

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