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Wednesday Evening Iraq Parliament News Highlights 9-21-22

.Wednesday Evening Iraq Parliament News Highlights 9-21-22

The “Coordination” Is Involved In The Sudanese, And Al-Sadr Is Considering A Legal Procedure To Dismiss His Deputies For The Second Time

Posted On2022-09-21 By Sotaliraq Baghdad / Tamim Al-Hassan The coordination framework was involved in refusing to change Mohamed Al-Sudani (the framework's candidate to head the next government) at a time when he was unable to pass the new prime minister in Parliament.

Al-Sudani, according to information published by "Furthers" yesterday, presented his government program to several deputies in the council's cafeteria, as they were unable to hold an official session

Wednesday Evening Iraq Parliament News Highlights 9-21-22

The “Coordination” Is Involved In The Sudanese, And Al-Sadr Is Considering A Legal Procedure To Dismiss His Deputies For The Second Time

Posted On2022-09-21 By Sotaliraq   Baghdad / Tamim Al-Hassan   The coordination framework was involved in refusing to change Mohamed Al-Sudani (the framework's candidate to head the next government) at a time when he was unable to pass the new prime minister in Parliament.

Al-Sudani, according to information published by "Furthers" yesterday, presented his government program to several deputies in the council's cafeteria, as they were unable to hold an official session.

Almost all the doors were closed for the Shiite bloc to implement its plan to form a coalition government, except for the faint hope that the "Al-Hanana" meeting would take place.

Political forces outside the "framework" confirm that they will not attend parliament sessions anytime soon, and the leader of the Sadrist movement, Muqtada al-Sadr, is steadfast in his position to dissolve the parliament.

A senior source in the Sadrist movement confirmed in an interview with (range) that «the decision of the leader of the movement not to return the deputies is final and other arrangements will be made if the Federal Court accepted the appeal of the resignation».

The court had postponed the case to consider the case presented by a lawyer regarding the unconstitutionality of the resignation of the Sadrist movement's deputies until the end of this month.

The source added: "If the case is accepted, the Sadrist movement will then see the appropriate legal solution and submit the resignation of its deputies again."

Al-Sadr had directed the resignation of his deputies last June, before the conflict erupted between the followers of the current and the coordination framework after storming the Green Zone.

As for the possibility of resolving the crisis by visiting a tripartite delegation that includes the Alliance of Sovereignty, the Democratic Party and Hadi al-Amiri, the leader of Al-Fateh, the information so far confirms that "Al-Sadr refuses to receive the frameworks."

On the other hand, independent MP Hussein Arab confirmed yesterday that "some politicians will go to Al-Hanana for the agreement, which it is hoped will see the light of day soon."

In a statement to the official news agency, Arab said, "The priorities of this political agreement are early elections and an agreement to amend the electoral law and the Electoral Commission."

Rehearsal of the protests!

And on the impact of the crisis, it seemed at dawn yesterday that the expected second clash, after the Al-Khadra clashes at the end of last month, had occurred with a sudden security deployment that coincided with the departure of Prime Minister Mustafa Al-Kazemi to the United States.

A wave of rumors and analyzes prevailed on the reasons for the arrival of various types of forces to the street and the closure of most areas of Rusafa in Baghdad after midnight on Monday.

News platforms on "Telegram" circulated scenarios of a "coup" or "attacking factions" before the authorities announced the reason for cutting off the streets, but about 10 hours after the event.

The Security Media Cell said in a statement at midday yesterday that "our security forces continue to implement their training curriculum and continue with the usual security practices, with the aim of enhancing security and stability and raising the capabilities of the security units."

she added, "The Baghdad Operations Command will implement, after midnight today (yesterday), a purposeful security exercise within the Karkh side of the capital, after it carried out yesterday a successful exercise within the sector of responsibility."

Most of the bridges and main roads in Rusafa were cut off hours after Al-Kazemi called on the political forces to “be calm and be patient.”

The Prime Minister, who arrived yesterday morning in New York to participate in the meetings of the United Nations General Assembly, said: "The current political crisis is difficult, but the doors to a solution are still open, and this requires a calm and frank dialogue that puts the interest of Iraq and its people above all."

Al-Kazemi called on the national and political forces to “be calm and patient, rely on the language of dialogue and reason, and arm ourselves with a solid will and a high patriotic spirit; Let us cross our country from this stage to safety at this historical moment, through our national dialogue, which is capable of producing solutions that end this current crisis.”

Prior to the entry into force of the security practice, Al-Kazemi chaired on Monday evening a meeting of the Ministerial Council for National Security, which is a small government cell that includes security institutions and ministries.

The meeting witnessed, according to a government statement, "discussing the security situation and strengthening security plans to face various challenges."

It is believed, according to security sources, that these measures were part of the precautions for demonstrations that are expected to start on the third anniversary of the October protests, less than 10 days later.

chest provocation

The expected protests confuse the movement of the coordination framework, which increases its security measures around the party headquarters, where the Sadrists are expected to participate in those demonstrations.

Also, the confusion of the "framework" has escalated with the ability of Nuri al-Maliki (leader of State of Law) to draft a new statement for the Shiite group challenging al-Sadr.

Al-Maliki was able to control the last attempts of his allies in the "framework" to remove Muhammad al-Sudani from the candidacy and announced the Shiite bloc's adherence to the latter for the position.

Since last June, following al-Sadr's retirement, al-Maliki imposed his control over the coordinating framework before he was joined by Qais Khazali (Asaib) and Ammar al-Hakim (the leader of wisdom).

And the coordinating framework announced in a statement on Monday evening, after a night of the most severe disagreements within the Shiite bloc since the beginning of the crisis last year, "its adherence to its only candidate for prime minister, Muhammad Shia Al-Sudani," denying "all other rumors."

He added that he "discussed the preparations he is making with his allies in order to resume the work of Parliament and carry out its constitutional duties."

Some of those parties close to the "framework" leaked news of a consultative session for Parliament tomorrow (yesterday), which includes a discussion of the Sudanese government program.

This news provoked al-Sadr's supporters, as news channels affiliated with the movement began to mobilize for demonstrations if the session was held.

Later, pictures of Al-Sudani, who was chosen more than two months ago, were circulated in a meeting yesterday with a limited number of representatives of the framework and the coalition of resolve and independents affiliated with the framework.

According to the coordination framework channels, Muhammad Al-Sudani had presented his government program to the deputies, who numbered no more than 30, in an “informal” session.

The framework had hoped to hold an integrated session, but Shakhwan Abdullah, deputy speaker of parliament, told Kurdish media yesterday that "there is no specific date for the parliament session."

On the other hand, those media quoted the statements of the Kurdistan Democratic Party's spokeswoman, Representative Vian Sabri, in which she confirmed that her bloc "will not participate in any session held by the House of Representatives to elect a President of the Republic unless an agreement is reached."

The two main Kurdish parties, the "Democratic" and the "Union", have been holding meetings at the leadership level for days, without announcing so far a single candidate for the presidency.

Bankin Rekani, a member of the Democratic Party's negotiating delegation, described the atmosphere between the two parties as "very good," and said, according to Kurdish media, that "there is a possibility to reach an agreement on one candidate for the presidency." LINK

PUK: The Political Stalemate Continues, And There Is No Swap Of Positions With The Democratic Party

Political | 01:27 - 09/21/2022   Special- Mawazine News   The Patriotic Union of Kurdistan confirmed today, Wednesday, that there are no "swaps" for positions with the Kurdistan Democratic Party.

The leader of the Union, Sherzad Samad, said, "The political blockage continues, so there is no truth to any news about reaching agreements or swaps for positions with the Democrat, with the absence of vision about the convening of parliament sessions."

Samad continued, in his interview with Mawazine News, that "there is uncertainty about the political parties in the Shiite house reaching consensus and solutions, and all of this is linked to each other." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=206080

Hammam Hammoudi: The Framework Seeks A Full-Fledged And Acceptable Government Preparing For Elections In Iraq

Shafaq News/ The head of the Iraqi Islamic Supreme Council, Hammam Hammoudi, confirmed on Wednesday that the coordinating framework, which includes Shiite political forces, seeks to form a government in Iraq with full and acceptable powers, preparing for early elections in the country.

This came during his meeting with Elbrus Kutrashev, the Russian ambassador in Baghdad, and they discussed political developments and ways to enhance stability and overcome crises, according to a statement issued by Hammoudi's office.

During the meeting, Hammoudi indicated that the framework forces are seeking to find a government with full powers, acceptable to all, to prepare for new elections, and to serve the people according to a sober program, stressing that the current crisis is still within safe limits, and that everyone is keen on dialogue and maintaining community peace. .

The two sides discussed Russian economic cooperation with Iraq, the expansion of investment activity, the repercussions of the war in Ukraine, and opportunities for stability in the Middle East, according to the statement.    LINK

The Candidate Of The Coordination Framework For The Prime Minister Mentions A “Fake” Government Formation

Shafaq News/ Muhammad Shia Al-Sudani, the candidate for the coordination framework for the prime minister, noted today, Tuesday, a government formation that was circulated by activists on the communication sites, and confirmed that it was "forged".

In a statement issued by his office, which was received by Shafak News Agency, he said, "Several lists have spread in the ministerial formation," stressing that "these lists are incorrect."

Al-Sudani called on the media to "be careful in publishing information from its official sources."

Earlier this evening, the Shiite coordination framework candidate to head the next government, Muhammad Shiaa Al-Sudani, revealed the details of his meeting with a number of deputies in the Iraqi parliament.

Al-Sudani said in a tweet, “We responded to a parliamentary call, from the various blocs, to exchange visions and proposals on the ministerial curriculum and the form that the relationship between the House of Representatives and the next government should be, explaining that today’s meeting dealt with important issues related to service and living aspects facing citizens and activating the economy.”    LINK

The Iraqi Foreign Minister Discusses With Mcgurk The Implementation Of The "Strategic Dialogue"

Shafaq News / Foreign Minister Fouad Hussein discussed with Brett McGurk, a member of the National Security Council and White House Coordinator for the Middle East and North Africa, the mechanism for implementing the steps that were adopted during the strategic dialogue session.

This came on the sidelines of the work of the 77th session of the United Nations General Assembly, held in New York, according to a statement received by Shafaq News Agency.

According to the statement, during the meeting, they discussed bilateral relations between Iraq and the United States of America, especially military and security relations, and the mechanism for implementing the steps that were adopted during the strategic dialogue session.

The meeting dealt with the regional situation in the region, the current developments in it, and Iraq's relations with the countries of the region.

Hussein stressed, "Through its pivotal role, Iraq seeks to be a factor and a source of stability, calm and mediation to resolve differences between some countries in the region."

For his part, Brett McGurk, according to the statement, expressed his "appreciation for Iraq's efforts in promoting peace and stability in the region    LINK

Did The Kurds And Sunnis Fall Into The Trap Of Shiite Guarantees During The Understandings To Form T

Article at link:   https://baghdadtoday.news/ar/news/201147/A

They Left With A Positive Impression.. The Office Of The Tire Candidate For Prime Minister Reveals The Details Of His Meeting With The Deputies

Shafaq News/ The office of the Coordinating Framework candidate to head the next government, Muhammad Shia Al-Sudani, revealed on Tuesday the details of his meeting with a number of deputies in the parliament building regarding his government program.

The office said in a statement received by Shafaq News Agency, "The meeting took place at the invitation of a number of deputies representing different political blocs, and they were directed to Al-Sudani to discuss the course of events, to stand on the latest political developments, and to exchange ideas, visions and proposals regarding the ministerial program and the relationship that should be between Parliament and the government." .

And he indicated that "the number of attendees at the meeting exceeded 60 deputies from various blocs, as they discussed important issues related to the service and living aspects facing citizens, as well as ideas and proposals that were aimed at activating the economy represented by industry, agriculture and tourism."

The office indicated that "the meeting witnessed the activation of mechanisms, programs and plans related to providing job opportunities, addressing poverty, and following up on the conditions of the poorest governorates."

He added, "Al-Sudani presented a picture of the latest developments in the political situation and the ongoing negotiations and agreements, which emphasize communication with everyone, adopting dialogue and proceeding with the completion of the constitutional entitlements."

He continued, "During the meeting, the Sudanese explained the features of his ministerial program, and reviewed some visions and ideas related to the nature of the relationship between the House of Representatives and the next government, which is supposed to be an integrative and solidarity relationship facing challenges in a positive and responsible spirit."

The office confirmed that "the deputies who attended the meeting had a positive impression and considered the meeting an indication of the principle of joint responsibility."

This morning, the candidate of the comprehensive coordination framework of the Shiite political forces, with the exception of the Sadrist movement, for the position of the next prime minister, Muhammad Shia Al-Sudani, held a meeting with a number of deputies in the parliament building to discuss his government program.

This comes at a time when the Iraqi political situation is witnessing an escalating tension, as the followers of the Sadrist movement led by Muqtada al-Sadr mobilize in preparation to storm the Green Zone again in the event of a parliamentary session to elect the President of the Republic and the Prime Minister, refusing that the coordination framework should form the government, and in return some leaders of the framework insist on forming a government. The government is away from the Sadrist movement, and sticks to its Sudanese candidate.

At the same time, civil activists are making extensive preparations to return to the demonstrations on the first of next October, in remembrance of the day when the October 2019 demonstrations began.   LINK

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Wednesday Afternoon Iraq Parliament News Highlights 9-21-22

.Wednesday Afternoon Iraq Parliament News Highlights 9-21-22

An Iranian Comment Regarding The Formation Of The Iraqi Government

Policy 2022-09-20 | 17:30 Source: Alsumaria news 5,431 views Caretaker Prime Minister Mustafa Al-Kazemi discussed with Iranian President Ibrahim Raisi the prominent role of Iraq in achieving regional security and stability, while the latter confirmed his support for the formation of a stable Iraqi government.

Al-Kazemi's office said in a statement, "The Prime Minister met, today, Tuesday, the President of the Islamic Republic of Iran, Ibrahim Raisi, on the sidelines of the United Nations General Assembly held in New York, where they discussed bilateral relations between the two countries, and ways to strengthen them, and discussed the most prominent regional issues of concern." joint".

Wednesday Afternoon Iraq Parliament News Highlights 9-21-22

An Iranian Comment Regarding The Formation Of The Iraqi Government

Policy   2022-09-20 | 17:30   Source:   Alsumaria news   5,431 views   Caretaker Prime Minister Mustafa Al-Kazemi discussed with Iranian President Ibrahim Raisi the prominent role of Iraq in achieving regional security and stability, while the latter confirmed his support for the formation of a stable Iraqi government.

Al-Kazemi's office said in a statement, "The Prime Minister met, today, Tuesday, the President of the Islamic Republic of Iran, Ibrahim Raisi, on the sidelines of the United Nations General Assembly held in New York, where they discussed bilateral relations between the two countries, and ways to strengthen them, and discussed the most prominent regional issues of concern." joint".

According to the statement, the meeting touched on "Iraq's prominent role in achieving regional security and stability, by resolving disputes between countries based on the policy of dialogue and calm, and bringing together views, in order to achieve peaceful solutions in the region."

The two sides stressed "the importance of continuing bilateral cooperation between the two neighboring countries, in various fields, especially economic, security, cultural, and energy, and high coordination to confront climate changes, and expedite work on the agreement concluded between the two countries on addressing climate challenges that the whole world is witnessing."

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For his part, Raisi affirmed his "support for the formation of a stable Iraqi government," and praised "Al-Kazemi's initiative for national dialogue to overcome political crises," according to the statement.  LINK

Muhammad Shia Al-Sudani Presents His Government Program To A Number Of Deputies

Iraq   11:47 - 09-21-2022   The representative of the State of Law coalition, Aref Al-Hamami, revealed the scenes of the meeting of the framework candidate for prime minister, Muhammad Shia Al-Sudani, with a number of deputies.

Al-Hamami said that Al-Sudani was accompanying the political delegations in the meetings, where he confirmed that the political understandings had reached advanced stages, noting that Al-Sudani briefed the deputies on his government program and confirmed that he would take care of service files, health and electricity files, and insurance of the service sector in particular, as well as developing treatments for the files that You need political solutions such as the oil and gas law and others.

Parliamentary sources said that Al-Sudani presented, during the meeting, features of his government program, if he were to be appointed as prime minister.

It is noteworthy that the coordinating framework renewed its adherence to its only candidate for prime minister, Muhammad Shiaa Al-Sudani, in its last meeting, and denied all other rumors.

https://kirkuktv.net/AR/Details/9059

A Deputy For The Framework Sets A Date For The House Of Representatives Session

Iraq   12:32 - 09-21-2022   The deputy of the coordination framework, Muhammad Al-Sihoud, confirmed today, Wednesday, that the remaining postponed positions will be passed in one basket after the tripartite delegation met with Al-Sadr.

Chihod said in a press interview, "The parliament session is set after the meeting of the tripartite delegation with Al-Sadr," noting that most likely the positions of the Presidency of the Republic, the Prime Minister and Deputy Speaker of the House of Representatives will be passed in one basket and for the purpose of forming the government.   There is a pass for all positions.    https://kirkuktv.net/AR/Details/9064

The Arab League praises the role of the Iraqi government in reducing tensions in the region

Iraq   22:14 - 09-20-2022   Today, Tuesday, Prime Minister Mustafa Al-Kazemi stressed the importance of the upcoming Arab summit in Algeria, while the Secretary-General of the League of Arab States, Ahmed Aboul Gheit, praised the role of the Iraqi government in reducing tensions in the region.

A statement issued by the Prime Minister's Media Office said, "Al-Kazemi met in New York with the Secretary-General of the League of Arab States, Ahmed Aboul Gheit, and during the meeting reviewed the efforts made by the Iraqi government to adopt a meaningful national dialogue between the political forces that paves the way for a way out of the current political crisis, and helps maintaining civil peace and consolidating stability in Iraq.

The Prime Minister affirmed Iraq's serious desire to build the best relations with the brotherly Arab countries, as well as support the crucial Arab issues, foremost of which is the Palestinian cause, stressing the importance of the upcoming Arab summit in Algeria to find a solution to Arab and regional issues.

For his part, Aboul Gheit praised Al-Kazemi's efforts to promote the path of national reconciliation and his initiative for national dialogue, stressing the Arab League's support for the Iraqi government, and its prominent role in alleviating tensions in the region by adopting a policy of dialogue and calm, and working to bring different viewpoints closer.   https://kirkuktv.net/AR/Details/9053

The Coordination Framework Determines The Date For Passing The Deferred Positions

Political | 12:19 - 09/21/2022  Special - Mawazine News, the deputy for the coordination framework, Muhammad Al-Sihoud, confirmed today, Wednesday, that the remaining postponed positions will be passed in one basket after the tripartite delegation met with Al-Sadr.

Chihoud said in an exclusive interview with "Mawazine News", "The parliament session will be determined after the tripartite delegation meets with Al-Sadr," noting that most likely the positions of the Presidency of the Republic, the Prime Minister and the Deputy Speaker of the House of Representatives will be passed in one basket and for the purpose of forming the government.

The first session, as soon as it takes place, there will be a pass for all positions. Ended 29 / AD 99

https://www.mawazin.net/Details.aspx?jimare=206071

Parliamentary Movement To Complete The Stolen Money Recovery Law

Political | 12:56 - 09/21/2022   Baghdad - Mawazine News   The Parliamentary Integrity Committee revealed, on Wednesday, that the next few period will witness the completion of the law for recovering looted funds due to its importance.

Committee member Alia Nassif said, "The committee held more than one meeting with the Integrity Commission to complete the procedures for the law submitted by the Presidency of the Republic related to the recovery of looted funds at home and abroad."

Nassif considered the law "very important," adding, "Its amendments must be completed and legislated because of its importance in preserving public money," according to the official "Al-Sabah" newspaper. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=206077

Minister Of Labor Salar Abdul Sattar Announces The Launch Of The Eighth Batch Of The Amounts Covered By Social Protection

Iraq   17:46 - 09-20-2022   Today, Tuesday, the Minister of Labor and Social Affairs, Salar Abdul Sattar, announced the launch of the eighth batch of the amounts covered by social protection, whose results showed that the Ministry of Planning was below the poverty line.

Salar Abdul Sattar said during a press conference, "The number of families sent to the Ministry of Planning reached (343954) families, from whom (310789) were received from those who are below the poverty line and will be included in the subsidy."

He added, "As for the families whose planning results showed that they are above the poverty line, their number reached (33,159) families and they have the right to submit an objection to the higher committees in Baghdad and the provinces," noting that "the Food Security Law allocated an amount of (678) billion dinars to include those entitled to a subsidy. Social protection, full-time aid, and survivors, including (200) billion dinars for the inclusion of full-time aid, (453) billion dinars for social protection, and (25) billion dinars to support survivors and survivors.

He added, "The inclusion will be according to the percentage of poverty and the population census in the governorates, and the names of those covered by the eighth meal will be published this evening, corresponding to 20-9-2022, and those covered must wait for a text message that reaches their phones for review according to the schedule that will be announced by the official website of the ministry and the pages of the ministry and the authority exclusively, and it will continue."

Receiving citizens over a period of three months to issue a (Key Card) card in cooperation with the International Smart Card Company, urging those included to adhere to the review dates that will be announced weekly.

Minister Salar Abdul Sattar stressed, "Not to pay any sums of money, except for the amount of (10) thousand dinars allocated to the company issuing the smart card.    https://kirkuktv.net/AR/Details/9040

Severe Imprisonment Of Former Officials In The Ministries Of Finance And Health

2022-09-21 | 03:09    59 views   Alsumaria News – Localities   The Federal Integrity Commission revealed, today, Wednesday, the details of the rulings issued against officials in the ministries of finance and health, indicating the issuance of sentences in absentia to severe imprisonment against the convicts; for intentionally committing a violation of their job duties.

The Commission's Investigation Department stated, in a statement received by Alsumaria News, that "the Central Anti-Corruption Criminal Courts in Baghdad and Hilla Misdemeanors to look into integrity issues issued two sentences of severe imprisonment against each of the general directors of the former state real estate departments and the health of the former Babylon Governorate, pointing out that the provisions It was issued against the convicts in accordance with the provisions of Article (331) of the Penal Code.

The department added that "the Central Anti-Corruption Criminal Court issued a severe prison sentence for two years on the former Director General of the State Real Estate Department, for facilitating the granting of an investment license to establish a hotel and a game park on one of the plots of land that is a fruitful orchard, in violation of Cabinet Resolution No. (50). of 2016) not to bulldoze existing orchards and prevent their transfer or use for other purposes for the benefit of a person at the expense of the state, noting that the land is located within the boundaries of the Municipality of Baghdad and its type is gardens and parks.

And it stated that "the Hilla Misdemeanors Court to consider integrity issues issued a severe prison sentence to the former Director-General of the Health Department of Babylon Governorate, for violating the provisions of the Sale and Lease of State Funds Law No. (21 of 2013) by agreeing to rent the Imam Sadiq Hospital cafeteria without public auction, pointing out. to renting it out for a rent that is less than the real one, which led to damage to public money.”

The circuit said that "the two courts issued arrest warrants and investigations against the convicts, while supporting the seizure of the movable and immovable funds of the second accused, in accordance with the provisions of Article 184 | A fundamentalism."    LINK

Qassem Al-Araji: Iraq Respects The International Coalition For Its Support And Support

Iraq   18:01 - 09-20-2022   The National Security Adviser, Qassem Al-Araji, confirmed today, Tuesday, to assist the US Secretary of Defense, Celeste Wallander, that Iraq respects the international coalition for its support and support.

The media office of the National Security Adviser said in a statement, "Al-Araji received today, Tuesday, National Security Adviser Qassem Al-Araji, receiving the US Assistant Secretary of Defense, Celeste Wallander, and her accompanying delegation, in the presence of the US ambassador in Baghdad, Elena Romanowski."

He added, "The meeting witnessed a review of the partnership and cooperation relations between Iraq and the United States, and ways to enhance security and stability in the region, in a manner that serves global peace and security."

Wallander indicated, according to the statement, that "Iraq and the United States are partners in the fight against the terrorist Daesh, appreciating Iraq's role in combating terrorism and pursuing its cells," stressing that it is time.

Al-Araji stressed that "Iraq respects the international coalition for its support and support," noting that "the terrorist ISIS still poses a threat to Iraq and the region, and the international community must remain cohesive against it."

And he indicated that "Iraq needs support in the field of air power and air defenses, and that it seeks to diversify its sources of weapons."

Al-Araji praised the American position on his call to urge countries to withdraw their nationals from the al-Hol camp, stressing the need to hold these terrorists accountable, while noting that

a strong, united Iraq is a guarantee for the region and the world, and that its strength will prevent interference in its internal affairs.    https://kirkuktv.net/AR/Details/9041

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Iraqi News Wednesday Afternoon 9-21-22

.Iraqi News Wednesday Afternoon 9-21-22

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Oil Prices Rise After OPEC Fails To Achieve Production Target

Economie| 09:10 - 09/21/2022 Follow-up - Mawazine News: Oil prices rose slightly, on Wednesday, after OPEC failed to achieve the production target, offset by fears of raising interest rates from the US Federal Reserve, which could lead to a recession.

Brent crude futures rose 14 cents, or 0.3 percent, to $90.76 a barrel by 04:40 GMT, after falling $1.38 the previous day. US West Texas Intermediate crude was at $84.00 a barrel, up 6 cents.

Iraqi News Wednesday Afternoon 9-21-22

Tlm724 Administrator Bondlady’s Corner

Oil Prices Rise After OPEC Fails To Achieve Production Target

Economie| 09:10 - 09/21/2022   Follow-up - Mawazine News:  Oil prices rose slightly, on Wednesday, after OPEC failed to achieve the production target, offset by fears of raising interest rates from the US Federal Reserve, which could lead to a recession.

Brent crude futures rose 14 cents, or 0.3 percent, to $90.76 a barrel by 04:40 GMT, after falling $1.38 the previous day.   US West Texas Intermediate crude was at $84.00 a barrel, up 6 cents.

On the supply side, the OPEC+ group of producers - the Organization of the Petroleum Exporting Countries and its partners including Russia - has fallen to a record 3.58 million barrels per day below its targets, or about 3.5% of global demand. market, even with recession fears driving prices lower.

The head of Saudi state oil giant Aramco said on Tuesday that Europe's plans to end consumer energy bills and tax energy companies are not long-term or beneficial solutions to the global energy crisis, driven in large part by a lack of investment in hydrocarbons.

Conversely, the Federal Reserve is widely expected to raise interest rates by 75 basis points for the third time in a row later on Wednesday as it seeks to rein in inflation. These expectations weigh on stocks, which often move in tandem with oil prices.

Higher interest rates supported the dollar, which approached a two-decade high on Tuesday, making oil more expensive for holders of other currencies.   https://www.mawazin.net/Details.aspx?jimare=206053

Iraq Raises Its Holdings Of US Bonds To 2.5 Billion Dollars Last July

695 Economie 2022/09/18 09:41   Baghdad today – Baghdad   Today, Sunday, the US Treasury announced that Iraq increased its holdings of US bonds to more than 2.5 billion dollars during the month of July.

The Treasury said in its latest schedule that it followed (Baghdad Today), that  "Iraq's possession of US Treasury bonds for the month of July of 2022 increased by $2.622 billion, or by 8.2%, to reach $34.587 billion, after it was $31.965 billion in the month of June."

Indicating that  "these bonds rose from the same month last year 2021, when Iraq's possession of bonds amounted to 19 billion dollars."

She added that "Iraqi bonds, including long-term guarantees amounting to 14.149 billion dollars and short-term guarantees amounting to 20.393 billion dollars," noting that these bonds represent 0.45% of the world's bonds.

In the Arab world,

Saudi Arabia comes at the forefront of the most possessing countries, reaching 121.611 billion dollars,

Kuwait comes second with 49.377 billion dollars, the UAE comes third with 41.315 billion dollars, then

Iraq fourth and Oman fifth with 6.996 billion dollars, then Morocco with 3.783 billion dollars.

She pointed out that "the largest holder of US bonds is Japan, with a value of 1,234.289 trillion dollars,

followed by China, with 970.014 billion dollars, followed by the United Kingdom, with 634.628 billion dollars, and then Luxembourg with 304.218 billion dollars." https://baghdadtoday.news/news/200875/العراق-يرفع-حيازته-للسند

The Dollar Stabilizes In The Iraqi Market

Economie| 09:44 - 09/21/2022   Baghdad - Mawazine News, the dollar exchange rates stabilized today, Wednesday, on the Iraqi Stock Exchange. And the selling prices of the dollar were recorded at 147.700 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.600 dinars per 100 dollars.  https://www.mawazin.net/Details.aspx?jimare=206056

 

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MilitiaMan Wednesday Evening "It's Show Time" 9-21-2022

.KTFA:

What will Al-Kazemi have for Biden during his upcoming visit to Washington?

And political analyst Ali Al-Baydar says, in a report that I followed (Baghdad Today), that “the political crisis will certainly be present during Al-Kazemi’s talks with American officials in Washington, but since Al-Kazemi is not a party to this crisis, and the political parties see themselves as greater than the government and its president, he He will present the crisis with all impartiality, and present his observations and proposals for solutions to the American administration."

Al-Baydar points out, “The Iraqi street has become convinced that the United States is the main responsible for any failure that occurs in Iraq, because it is the one who established the existing political system, and I think that Al-Kazemi should deliver this message to officials in Washington to urge them to intervene, because the patience of the Iraqis has begun.” Running out". LINK

KTFA:

What will Al-Kazemi have for Biden during his upcoming visit to Washington?

And political analyst Ali Al-Baydar says, in a report that I followed (Baghdad Today), that “the political crisis will certainly be present during Al-Kazemi’s talks with American officials in Washington, but since Al-Kazemi is not a party to this crisis, and the political parties see themselves as greater than the government and its president, he He will present the crisis with all impartiality, and present his observations and proposals for solutions to the American administration."

Al-Baydar points out, “The Iraqi street has become convinced that the United States is the main responsible for any failure that occurs in Iraq, because it is the one who established the existing political system, and I think that Al-Kazemi should deliver this message to officials in Washington to urge them to intervene, because the patience of the Iraqis has begun.” Running out".  LINK

Foreign Minister: Iraq's speech on the work of the General Assembly will deal with the results of the elections and the file of forming the next government

20th September, 2022

Tuesday, Foreign Minister Fouad Hussein confirmed that Iraq's speech on the work of the United Nations General Assembly, which Prime Minister Mustafa Al-Kazemi will deliver, will address internal issues, including the election results and the file of forming the next government. LINK

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 On his visit to Washington, Al-Kazemi opens the outstanding Iraqi files

And the political analyst warned that “the internationalization of the Iraqi crisis is possible if the dispute continues and develops into the use of weapons again, as happened previously in the Green Zone and Basra Governorate, and the issue of internationalization is the most prominent thing that world leaders will present to Al-Kazemi, as the international community will not remain idly by regarding what is happening.” in Iraq".

The axes of the Iraqi crisis are currently summarized in the insistence of the "coordinating framework" forces on resuming parliament sessions and resuming its work in full. It also adheres to electing a president and a prime minister with full powers instead of the current caretaker government headed by Al-Kazemi, and then going towards amending the current election law.  LINK

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MilitiaMan:  I bet the flys on the walls will be all a buzzing for key wording in Kahdimi's speech Friday.

The themes of the government, security, stability, economic reforms, etc., are all on the table. This is show time now.

The presentation in the below video is similar to that of the video they produced when Kahdimi arrived and met in Eygpt. They are well staged in advance and produced professionally.

They are not someone stumbling upstairs, nor with a wind blown little man on the Tarmac to be dissed by another administration on the White House Lawn again.  They are show casing a leader, not an interim fly by night entity.. No!!..

 It is like the world knows who is to lead them into the future and the reconstruction of Iraq with all her reforms, government in place and sovereignty in full force globally.

The UN and by extension the USA and Great Britain are key players in helping facilitate the process if need be.

The citizens of Iraq are getting very impatient, just as you and I are. Again, it is show time.. imo

I like where we are and it looks like the final push is upon us.. imo.. A good thing.. ~ MM

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Prime Minister Mustafa Al-Kazemi leaves Baghdad for New York  19th September, 2022 

https://youtu.be/Fi9VugMF4tY

https://youtu.be/Fi9VugMF4tY?t=16

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Wednesday AM Iraq Economic News Highlights 9-21-22

.Wednesday AM Iraq Economic News Highlights 9-21-22

Oil Prices Rise After OPEC Fails To Achieve Production Target

Economie| 09:10 - 09/21/2022 Follow-up - Mawazine News: Oil prices rose slightly, on Wednesday, after OPEC failed to achieve the production target, offset by fears of raising interest rates from the US Federal Reserve, which could lead to a recession.

Brent crude futures rose 14 cents, or 0.3 percent, to $90.76 a barrel by 04:40 GMT, after falling $1.38 the previous day. US West Texas Intermediate crude was at $84.00 a barrel, up 6 cents.

Wednesday AM Iraq Economic News Highlights 9-21-22

Oil Prices Rise After OPEC Fails To Achieve Production Target

Economie| 09:10 - 09/21/2022   Follow-up - Mawazine News:   Oil prices rose slightly, on Wednesday, after OPEC failed to achieve the production target, offset by fears of raising interest rates from the US Federal Reserve, which could lead to a recession.

Brent crude futures rose 14 cents, or 0.3 percent, to $90.76 a barrel by 04:40 GMT, after falling $1.38 the previous day.  US West Texas Intermediate crude was at $84.00 a barrel, up 6 cents.

On the supply side, the OPEC+ group of producers - the Organization of the Petroleum Exporting Countries and its partners including Russia - has fallen to a record 3.58 million barrels per day below its targets, or about 3.5% of global demand. market, even with recession fears driving prices lower.

The head of Saudi state oil giant Aramco said on Tuesday that Europe's plans to end consumer energy bills and tax energy companies are not long-term or beneficial solutions to the global energy crisis, driven in large part by a lack of investment in hydrocarbons.

Conversely, the Federal Reserve is widely expected to raise interest rates by 75 basis points for the third time in a row later on Wednesday as it seeks to rein in inflation. These expectations weigh on stocks, which often move in tandem with oil prices.

Higher interest rates supported the dollar, which approached a two-decade high on Tuesday, making oil more expensive for holders of other currencies.   https://www.mawazin.net/Details.aspx?jimare=206053

The Dollar Stabilizes In The Iraqi Market

Economie| 09:44 - 09/21/2022   Baghdad - Mawazine News, the dollar exchange rates stabilized today, Wednesday, on the Iraqi Stock Exchange.  And the selling prices of the dollar were recorded at 147.700 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.600 dinars per 100 dollars.   https://www.mawazin.net/Details.aspx?jimare=206056

Gold Prices In The Local Markets

Economie| 10:36 - 09/21/2022   Baghdad - Mawazine News: Gold prices rose, today, Wednesday, in the local markets.  The price of a 21-carat gold weight, the most traded one, reached 342,970 dinars, excluding goldsmiths' fees.   As for the price of a gold weight of 24 karat, it amounted to 391 thousand and 960 dinars, excluding the fees of the craftsman.    https://www.mawazin.net/Details.aspx?jimare=206060

Oil Announces The Issuance Of Decisions Supporting Projects To Use Liquid Gas For Vehicles

Economie| 06:13 - 09/20/2022   Baghdad - Mawazine News, today, Tuesday, the Ministry of Oil issued decisions that support projects for the use of liquid gas for vehicles.

The Undersecretary for Liquidation and Distribution Affairs, Hamid Younis, stressed during the opening of a model workshop to install the liquid gas system for all types of vehicles in the Taji area, north of Baghdad, according to a statement received / Mawazine News / a copy of it, on the "importance of expanding the transformation projects to the use of liquid gas for vehicles of all kinds, and the importance of that. economic, technological and environmental aspects.

He added, "The workshop project comes within the plans of the Ministry and the Gas Filling and Services Company to keep pace with the steady increase in the demand of citizens in Baghdad and the provinces to use liquid gas fuel instead of gasoline and kerosene, for its economic and environmental benefits, because the octane degree of liquid gas is (120), while the octane degree For super gasoline (95)".

Younis pointed out, "The shift towards the use of liquid gas for vehicles is one of the strategic projects to promote sustainable development and support the national economy, and is supported by the government and the ministry. A number of decisions and instructions have been issued that support projects for the use of liquid gas for vehicles."

For his part, General Manager of the Gas Filling Company, Anmar Ali Hussein, said, "The opening of this workshop comes within the framework of expanding and providing installation services for the system for vehicles, and that the company operates according to an axis related to increasing the number of installation outlets for this system for vehicles, while the other axis is related to providing workshops for maintenance and rehabilitation services. For vehicles. With a port for filling and supplying vehicles with liquid gas.

Hussein added that the area of ​​this workshop is (850) square meters, and includes integrated devices and equipment designed for this purpose, as well as devices and equipment for the rehabilitation and maintenance of vehicles and from solid international platforms.   https://www.mawazin.net/Details.aspx?jimare=206008

Parliamentary Finance Forms An Investigative Committee Regarding Contracts In Violation Of The Law

Political | 02:06 - 09/21/2022   Baghdad - Mawazine News   The Parliamentary Finance Committee announced, today, Wednesday, that it hosted the representative of the Ministry of Higher Education and a number of university presidents to discuss the file of contracts and wages, while it decided to form an investigative committee regarding contracts in violation of the law.

The committee said in a statement that Mawazine News received a copy of it, that "the committee headed by the head of the age, MP Mahasin Hamdoun, hosted today the representative of the Ministry of Higher Education and Scientific Research, the Director General of Administration and Finance, Asaad Ghani Jihad, and the presidents of the universities of Diyala, Kirkuk, and Samarra, in the presence of its members and a number of Members of the other committees," indicating that "the hosting aims to discuss the financial allocations to these universities and to discuss the contract file in accordance with Resolution 337."

The statement added that "the committee discussed with university presidents how to monitor financial allocations to treat contract holders after 2/10/2019, according to Resolution 337 and transfer them to Resolution 315, as well as discussing the interpretation of the Ministry of Finance's book No. 26377 for the year 2022 directed to issue a book to stop the contract termination until Issuing orders from the Council of Ministers and responding to the committee’s letter with the final decision.

He continued, "The delegation explained the mechanism for dealing with the file based on the letter of the Ministry of Finance, especially in light of their inability to apply for appointments due to the intersection of the job number," explaining that "a part of them from the holders of higher degrees were re-contracted at the expense of the Ministry of Higher Education Fund, while The President of the University of Kirkuk confirmed that the termination of the contract came at the request of the contractors.

The committee stated in the statement that it "discussed finding appropriate solutions to transfer contracts within Resolution 315, as they provide service to their departments and do not bear the mistakes of the departments, especially that the Emergency Support Law for Food Security and Development ensures the provision of financial allocations for contracts, wages and lecturers," wondering about "the reasons for terminating the contract with 1000 contracts from Tikrit University.

The committee decided to form an investigative committee on the issue of contracts in violation of the law and to refer the file to the Integrity Commission for investigation and take the necessary measures. It also decided to summon the investigative committee formed in an official letter to find out the real reasons behind the termination of the contract.    https://www.mawazin.net/Details.aspx?jimare=206085

The Former Head Of "SOMO": Iraq Will Continue To Import Gas, And We Need A Specialized Ministry To Produce Renewable Energy

Energy   Economy News-Baghdad  The oil expert, the former head of the Oil Marketing Company (SOMO), and the oil expert, Falah Al-Amiri, suggested that Iraq will continue to import gas and oil products for the coming years, indicating that renewable energy needs a specialized ministry in this field

Al-Amiri told Al-Iqtisad News that "Iraq has three types of oils, namely Basra, heavy and light, and Kirkuk oil, and these oils are exported to three Asian and European markets and the American market," noting that "about 75 of Iraqi oil is exported to the Asian market due to the difference in prices and growth. The Rising Economy of India and China ".

He added, "Iraq would have been able to produce 8 million barrels per day now, had it not been for the Iraqi-Iranian war," noting that "Iraq's oil reserves are concentrated in central Iraq, and very few of them are located in the border areas, and the quantities of crude in it range from one billion to one and a half billion barrels ."

He added, "Agreeing to sell Iraqi oil to companies is the exclusive authority of the Minister of Oil, not SOMO," noting that "all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits." .

He explained that "the Kirkuk-Ceyhan export line accommodates more than one million barrels per day, while it is planned to accommodate one million and 600 thousand barrels per day, and it is suspended from 2014 until now, due to the security situation," noting that "Iraq now exports Kirkuk oil through Kurdish pipelines. And then to Cihan ."

He pointed out that "Iraq's imports of oil products will continue for the next few years, even with the construction of new refineries, as a result of the continuous increase in the population and thus a continuous increase in the demand for energy ."

With regard to the investment of gas for the production of electricity, Al-Amiri explained that "most of the Iraqi gas is associated with the extraction of oil and was burned by 100% before 2003 and now the percentage has decreased to 57%, but this percentage is not useful in the production of electric power in Iraq ."

Regarding renewable energy, the oil expert said that "renewable energy in Iraq needs a specialized ministry to solve problems in the provinces and provide infrastructure and technology, but this industry is promising in Iraq because there are large desert areas similar to Egypt and Morocco."

Views 75   Added 09/21/2022 - 12:01 PM   Update 09/21/2022 - 2:44 PM

https://economy-news.net/content.php?id=29816

Experts: The Electricity System Suffers From A Shortfall Of 10,000 Megawatts

Posted On2022-09-21 By Sotaliraq   Baghdad/Bright news    Energy experts spoke of a shortfall in the electricity file estimated at 10,000 megawatts, noting that there are major problems related to production, distribution and transmission.

Energy expert Zaki Ali said in an interview with Al-Mada that "the problem of electricity in Iraq is divided into two parts: the first part relates to who takes over the Ministry of Electricity, and the second part relates to the solutions that should be developed for these problems."

Ali added, "The one who receives the Ministry of Electricity must have basic conditions, the first of which is from a strong political bloc that supports him in the absolute exercise of his ministerial duties."

He pointed out, "This bloc is supposed to have a real will to solve the electricity problem," stressing the need for "the minister to have a good negotiating ability because the energy file is regional and is in the backbone of the Iraqi economy, as he has experience and sold in the energy market and its problems."

And Ali stated, "The energy problems in Iraq are divided into six types, namely production, transmission, distribution, collection, administrative structure and the citizen."

He explained, "For every problem, a solution should be developed in order to remedy the crisis and treat it," stressing that "the production is still insufficient, as it currently ranges from 21 thousand megawatts to 24 thousand megawatts."

Ali believes, "Iraq needs 32 thousand megawatts, meaning that there is a deficit rate of about 10 thousand megawatts, and this requires immediate and future solutions with plans to maximize the energy produced in Iraq."

He added, "The ministry relies on one central network in transportation, and therefore we need to develop it according to the development of the electrical system."

Ali talked about “a deep and big problem in the distribution, as all countries calculate electricity on the basis of the population,” noting that “the production may be sufficient compared to the percentages approved in the rest of the countries, but the imbalance is in the distribution.”

Ali pointed out that “the Ministry of Electricity, according to its statements, cannot collect more than 28 percent of state institutions and citizens, and this means that 72 percent of the collection is suspended and its resources do not reach the state.”

And he added, "The administrative structure of the ministry must move from the principle of bad service to the principle of selling excellent service at the same cost, and this needs an agile cadre to shift from the principle of providing service to supervising it."

Ali concluded, “The citizen also participates in this crisis as he is an employee in the Ministry of Electricity, a consumer of energy, a collector or evasion of collection, and he must raise his national commitment to be part of the electricity file assistance.”

For his part, the other expert, Bilal Khalifa, revealed, "the annual demand for electrical energy has increased by 1,000 to 1,500 megawatts, in addition to the difference between generation and consumption."

He believed, "The best solution to confront the electrical crisis is to pay attention to collection and use (smart meter)."

Khalifa added, however, by saying that the ministry has adopted this step in two ways, the first is to establish campaigns to set standards, but it is still below the required level due to the lack of cooperation of citizens.

He added, "The second way is to privatize the collection," noting that "the areas that have undergone this experiment have reduced their burdens to one third."

Khalifa went on to say, "If this project had been implemented in all parts of Iraq, we would have obtained the full sufficiency of generation in consumption, and this point has also failed due to the citizen's refusal to deal with the authorities in charge of collection."

A member of the Parliamentary Oil and Energy Committee inside Radi said, in statements to the official news agency, that “the issue of electricity unfortunately has become another headline of internal disputes and rivalries between the ministries of oil and electricity, and whenever the Ministry of Electricity wants to complete a file, another ministry stands in its way.”

Rady added, "This is part of the problem that hinders the construction of stations and the increasing random growth of investment, official and agricultural housing units, and this in turn creates problems in transportation and distribution, in addition to the presence of stations that have expired."

He pointed out, "there are plans by the ministry to increase production by installing new generating stations, maintaining discontinued units, relying on solar energy, and trying to find ways to rationalize."

Radi pointed out that "the winter of Iraq has become no different from its summer in terms of loads and the steady increase on a daily basis."

He continued, "The Energy Committee will put pressure on the Prime Minister and the Ministry of Oil and coordinate with the Ministry of Electricity to find immediate solutions and not to repeat what happened in terms of increasing loads and stopping."

Radi continued by saying, "The committee will also ask the Presidency of the House of Representatives to provide the ministry's needs in support to enable it to continue and sustain production and improve the transmission and distribution networks, which are also suffering from problems."

Earlier this week, the Ministry of Electricity revealed achieving the highest production rates since its establishment, and talked about more than 24 thousand megawatts, and expected to add 1,000 new megawatts soon.   LINK

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KTFA Members "News and Views" Wednesday PM 9-21-2022

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Samson: Iraq officially joins the Asian Investment Bank

21st September, 2022

On Wednesday, Iraq announced that Iraq had officially joined the Asian Infrastructure Investment Bank.

The Iraqi embassy in China said that "Iraq has officially joined the Asian Infrastructure Investment Bank," noting that "the Iraqi ambassador in Beijing, Shorsh Khaled Saeed, from the President of the Asian Investment Bank for Infrastructure John Lequin, a certificate of membership for Iraq's accession to the bank."

And she added, "Iraq has become the 92nd member out of 140 countries in the bank."

KTFA:

Samson:  Iraq officially joins the Asian Investment Bank

21st September, 2022

On Wednesday, Iraq announced that Iraq had officially joined the Asian Infrastructure Investment Bank.

The Iraqi embassy in China said that "Iraq has officially joined the Asian Infrastructure Investment Bank," noting that "the Iraqi ambassador in Beijing, Shorsh Khaled Saeed, from the President of the Asian Investment Bank for Infrastructure John Lequin, a certificate of membership for Iraq's accession to the bank."

And she added, "Iraq has become the 92nd member out of 140 countries in the bank."

It is noteworthy that the Asian Infrastructure Investment Bank agreed to Iraq's formal accession to it late last year.

It is hoped that the Asian Infrastructure Investment Bank will provide soft loans to build infrastructure for member states, including Iraq.   LINK

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Zeeman:  Iraq joins AIIB!  .why has no one talked about this. This is quite a big deal. This will provide soft loans for infrastructure.

Clare:  IT IS HUGE NEWS! IMO!

Suzie:  how are they doing this......on a program rate???   Just imo

JaimieO:  The same way Vietnam is doing VERY well, with one of the fastest growing GDP's in the world... all with a toilet paper exchange rate that is W A Y lower than the IQD... IMO

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Samson:  Iraq is a member of the Asian Infrastructure Investment Bank

21st September, 2022

The Iraqi ambassador in Beijing, Shoresh Khaled Saeed, received from the head of the Asian Infrastructure Investment Bank John LeQueen, a certificate of membership for Iraq to join the bank.

Thus, Iraq became the 92nd member of the Bank. The ceremony of receiving the certificate included placing the Iraqi flag among the group of member states at the Bank's headquarters.

The Asian Infrastructure Investment Bank will provide soft loans to build infrastructure for member states, including Iraq.   LINK

Samson:  Integrity carries out four seizures of fraud and embezzlement cases in Diyala

21st September, 2022

The Federal Integrity Commission announced today, Wednesday, the implementation of four seizures of price hikes, forgery and embezzlement in a number of departments in Diyala Governorate.

The Commission's Investigation Department stated, according to a statement received by Mawazine News, that "the staff of the Diyala Investigation Office revealed violations in the process of disbursing the salaries of daily wage earners working in the Muqdadiya Municipality Directorate, based on Cabinet Resolution No. February and March 2022 for service employees working as a contract in the Directorate, as there are also violations in it.

The statement added that "the office's staff, which moved to the Oil Products Distribution Company in the province, detected an exaggeration in the purchase prices of the tools for maintaining the mechanisms belonging to the company, noting that the purchase receipts that were manipulated in the prices fixed in them were seized, indicating that the total amounts disbursed amounted to (75,740,000) Million dinars".

He explained, "During the third operation, two employees of the Private Transport Authority in Diyala were arrested for collecting more amounts than what is legally prescribed, and keeping them for their personal benefit, pointing out that signed and unwritten collection receipts were seized from one of the accused, in addition to a receipt book in the possession of the other." 

He pointed out that "the work team that moved to the Cooperative Agricultural Bank revealed the process of granting a loan through manipulation and forgery," indicating that some of the bank's employees organized a loan transaction in the name of a person and disbursed it without his knowledge and approval.  LINK

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Samson:  One trillion dinars worth of embezzlement in the General Tax and Customs Authority

21st September, 2022

Representative Ahmed Al-Jubouri revealed, Wednesday, 21/09/2022, a misappropriation of one trillion Iraqi dinars in the General Tax Authority and the Customs Authority.

Al-Jubouri said in a tweet on Twitter, which was followed by the obelisk, that the extent of corruption in the General Tax Authority and the Customs Authority is very large and does not stop at blackmailing citizens, but exceeds it for the amounts of insurance deposited by foreign companies and merchants importing goods.

He added: embezzlement amounting to nearly a trillion Iraqi dinars was discovered, calling on the judiciary and integrity to investigate and investigate those responsible.

Observers believe that the systematic corruption that is taking place in the Customs Authority contributed to the squandering of public money.

The resigned Finance Minister, Ali Allawi, says that the customs file contains a lot of corruption and waste of money due to conflicting information between the Central Bank, the customs and the Office of Financial Supervision

Statistics indicate that Iraq annually imports goods at a minimum of 70 billion dollars, and the value of its customs exceeds 9 billion dollars, which means that these funds enter the state treasury, but things are different from reality, according to Allawi

. He explained that the highest revenue from customs did not exceed one billion and half a billion dollars, which means that there are 7 to 6 billion dollars missing, mostly due to the government's lack of control over the border outlets of the Kurdistan region  LINK

Samson:  On his visit to Washington, Al-Kazemi opens the outstanding Iraqi files

21st September, 2022

Concern multiplies in the Iraqi street about the continuation of the longest political crisis in the country since the US invasion of Iraq in 2003, in light of political and popular fears of a recurrence of armed conflict or heading towards an unknown political, economic and security reality.

 Yesterday, Tuesday, Prime Minister Mustafa Al-Kazemi arrived in New York to participate in the work and meetings of the United Nations General Assembly, which will start today.

A statement stated that Al-Kazemi will deliver Iraq's speech at the General Assembly meeting, and he will meet on the sidelines of the Assembly's work with a number of kings and heads of brotherly and friendly countries participating in the meetings, as well as a meeting with the Secretary-General of the United Nations. He added that "the Prime Minister, on the sidelines of the participation, will meet with a number of officials of international and regional organizations to discuss the most important files for cooperation at various levels. In order to address the economic and political challenges facing Iraq and the region.

Foreign Minister Fouad Hussein affirmed, "Iraq's speech on the work of the United Nations General Assembly, which Prime Minister Mustafa Al-Kazemi will deliver, will address internal issues, including the election results and the file of forming the next government."

A visit to the impact of Iraqi political tension

Al-Kazemi’s visit to America comes this time, in light of political and popular fears of a recurring armed clash, after the end of the religious forty visit, in light of the continuing political tension between the “Sadr movement” and the “coordinating framework.”

For his part, the leader in the "Coordination Framework", Fadel Mawat, said that his coalition "strongly rejects any external interference by Washington or the West in Iraq's internal affairs and in the current political crisis, especially since any intervention of this kind will deepen the conflict and differences instead of resolving them."

Mawat explained that Al-Kazemi "is required to discuss the files that concern Iraq, which are the economic and security, and not to address the political issue, as this is a matter for the Iraqi political forces, and they are the guarantee to resolve this dispute according to dialogue and negotiation and in the constitutional and legal frameworks." Mawat confirmed that Al-Kazemi “will inform the leaders of the political forces after his return, headed by the coordination framework, about the schedule of his visit to the United States, to find out the files he discussed there, and whether there is a tendency to conclude any new agreement, as he does not have any authority to conclude any international agreements as President A caretaker government, which is a government lacking in powers.”

On the other hand, said political analyst Maher Judeh. Al-Kazemi “will discuss the Iraqi political situation, the dispute and the conflict between blocs and parties. With the international community during his upcoming visit to the United States, especially since there are international messages of warning and concern that reached during the past period to many Iraqi political parties and even the government.

And Judeh indicated that "the political crisis will top the files that the Prime Minister will discuss with the leaders of the countries with whom he will gather. On top of them is Biden, and we also expect that Al-Kazemi will hear strongly worded warning messages about the evolution of the political conflict in Iraq to the use of violence and weapons.

And the political analyst warned that “the internationalization of the Iraqi crisis is possible if the dispute continues and develops into the use of weapons again, as happened previously in the Green Zone and Basra Governorate, and the issue of internationalization is the most prominent thing that world leaders will present to Al-Kazemi, as the international community will not remain idly by regarding what is happening.” in Iraq".

The axes of the Iraqi crisis are currently summarized in the insistence of the "coordinating framework" forces on resuming parliament sessions and resuming its work in full. It also adheres to electing a president and a prime minister with full powers instead of the current caretaker government headed by Al-Kazemi, and then going towards amending the current election law.

Featured files

On the other hand, the Sadrist movement rejects this and insists on dissolving parliament and holding early elections within 9 months. It also proposes amending paragraph 76 of the constitution regarding the major bloc that has the right to form a government. He also raises another demand, which is the amendment of the Federal Court law to be more independent from the political parties that, since 2005, have actually chosen the 11 members of this court, using sectarian and partisan quotas. In addition, the Sadrist movement refuses to amend the electoral law.

His meetings on the sidelines of participation in the meetings of the General Assembly of the United Nations

 Al-Kazemi met in New York, the King of the Hashemite Kingdom of Jordan, King Abdullah II bin Al-Hussein. On the sidelines of participation in the meetings of the United Nations General Assembly.

His media office mentioned that during the meeting, bilateral relations between the two countries and ways to enhance them were discussed. As well as discussing the latest developments on the regional and international arenas. He pointed out that “the meeting discussed preparations for holding the Baghdad 2 Conference for Cooperation and Partnership in Jordan. As well as discussing economic cooperation in various fields and at all levels. He also reviewed the stages of progress in the electrical interconnection project that the two countries were keen to move forward, due to the benefit and interest of the two brotherly countries.

The statement continued, "The two sides stressed the importance of maintaining joint coordination and continuous cooperation in various fields, in light of the outcomes of the tripartite summit meetings that resulted in several agreements. It can contribute to achieving the interests of the peoples of the two brotherly countries, and the rest of the peoples of the region.”

Bilateral cooperation

Al-Kazemi and Iranian President Ibrahim Raisi discussed bilateral cooperation, while they stressed the importance of accelerating the work of the agreement between the two countries on addressing climate challenges.

A statement from his media office said that "the meeting touched upon Iraq's prominent role in achieving regional security and stability, by resolving differences between countries based on the policy of dialogue and calm, and convergence of views." In order to achieve peaceful solutions in the region, he pointed out that “the two sides stressed the importance of continuing bilateral cooperation between the two neighboring countries, in various fields, especially economic, security, cultural, and energy, and high coordination to confront climate changes, and speeding up work on the agreement concluded between the two countries on addressing climate change.” Climate challenges the world is witnessing.

Economic cooperation

He also met with Spanish Prime Minister Pedro Sanchez and the two sides stressed the importance of strengthening joint cooperation in the economic field.

A statement explained, "The two sides reviewed Iraq's efforts in combating terrorism and pursuing its remnants, and the importance of strengthening security cooperation with the North Atlantic Treaty Organization (NATO) countries that provide assistance to the Iraqi security forces in the field of advice and training, and the meeting also witnessed an emphasis on cooperation in the economic field, especially in the field of Alternative Energy".

The statement concluded that “the meeting witnessed an emphasis on the importance of the reform programs pursued by the Iraqi government, and its positive endeavor to secure sustainable development. This contributes to enhancing stability and security in Iraq and the region.”

The Austrian chancellor expressed his thanks to Al-Kazemi. He highly appreciated the efforts of Iraq and its security forces in pursuing the remnants of terrorism and drying up its sources. He pointed out that “the meeting discussed dealing with the immigration file, and preparing for the voluntary return of Iraqi immigrants. As well as looking into the prospects of direct air link between Iraq and Austria. And the possibilities of cooperation in the field of clean and renewable energy, and the development of investment in the field of solar energy.”

The two sides expressed their "support for efforts to calm down, enhance stability in the Middle East, and support Iraq's efforts to bring about sustainable development, economic reform, and activate regional cooperation."

Al-Kazemi had visited Washington in July 2021, where he held the fourth and final round of strategic dialogue with US President Joe Biden. Which ended with the announcement of the withdrawal of US combat forces from Iraq at the end of last year, according to the announcement of the Iraqi government at the time.

The visit comes amid a stifling political crisis in the country, described as the worst in the post-2003 history of Iraq, which came after the early legislative elections were held last October.  LINK

Sir:  IMO-Is it possible that Kazemi is going to drop the MOAB’s in his speech before the UN on Friday? Will Kazemi announce that Iraq will move away from the petro-dollar and join the BRICS nations! Very interesting… Bye bye Byedan and the UN Iraq don’t need you!

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Samson:  Political analyst: Parliament session next Saturday, and another more important on September 27

9/20/2022 23:41:37

 The political analyst, Abu Mithaq Al-Masari, suggested that a parliamentary session will be held next Saturday to elect the first deputy speaker of the House of Representatives.

  Al-Masari said; for the “Al-Sistara” program broadcast by Al-Furat satellite channel tonight: “Next Saturday, a parliamentary session will be held to elect the first deputy speaker of the House of Representatives, and on the 27th of this month, if the session goes positive, the President of the Republic will be elected and the Prime Minister will be assigned to form the government.” "Security arrangements in Baghdad are underway to prevent abuse or encroachment on state institutions," he said.

Al-Masari added that "the meeting of the coordination framework candidate for the prime minister, Muhammad Shiaa Al-Sudani, today was not provocative to any particular political bloc or party, and the country is in danger and the necessity of the path, as independent deputies, Charna and others attended the meeting."  He explained, "The meeting came as an urgent extrapolation, in which the person in charge seemed useful and important towards amending and evaluating his next government, and everyone is seeking to mature the form of the government and move the political process forward." 

Al-Masari added, "So far, the framework has not dropped its approval or participation of the movement in the next government, and it will not turn its back on it and in constant communication with its leaders. Before the Arbaeen visit, there were two successive visits to the movement."   He noted that "there is no constitutional text that stipulates that the next government should be one year old. We have a political reference and a constitution. We judge a mechanism regarding the form of the next government. There is no alternative to the constitution despite all the observations about it."

Al-Masari stressed, "The framework has gone on to achieve a strong, service government that fulfills its tasks and obliges others to do so. Everyone suffers, and the conditions when they are presented to special moods at the expense of people's interests are very flawed, and the formation of the government as soon as possible leads to achieving the citizens' demands." He continued, "The framework does not have harsh conditions or determination, even the leader of the Sadrist movement, Mr. Al-Sadr. We saw from him that he did not object to Al-Sudani's personality as a candidate for the government, but he objected to the selection mechanism and did not officially demand the replacement of Al-Sudani with another candidate."

He considered Al-Masari, returning the cart to the tracks is "the biggest and main concern, and then all matters are subject to negotiation, substitution and replacement. As for the tripartite delegation, it will discuss the participation of the Sadrist movement in forming the government." 

He concluded by saying, "The Kurdistan Alliance is supposed to take its turn towards holding the parliamentary session to elect the president of the republic, instead of asking the framework to achieve a quorum of 220 deputies to elect their candidate."  LINK

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Iraqi News Wednesday AM 9-21-22

.Iraqi News Wednesday AM 9-21-22

Tlm724 Administrator Bondlady’s Corner

Signing A Memorandum Of Understanding Between The Kurdistan Peshmerga And The US Department Of Defense

The Presidency of the Kurdistan Region of Iraq announced today, Wednesday, the signing of a memorandum of understanding between the US Department of Defense and the Ministry of Peshmerga Affairs in the regional government.

The presidency said in a statement that the US Assistant Secretary of Defense, Celeste Wallander, signed with the Minister of Peshmerga Affairs of the Kurdistan Regional Government, Shorsh Ismail Abdullah, the updated memorandum of understanding between the US Department of Defense and the Ministry of Peshmerga Affairs, for the purpose of continuing to support the Peshmerga in the operations of the final destruction of ISIS.

Iraqi News Wednesday AM 9-21-22

Tlm724 Administrator Bondlady’s Corner

Signing A Memorandum Of Understanding Between The Kurdistan Peshmerga And The US Department Of Defense

The Presidency of the Kurdistan Region of Iraq announced today, Wednesday, the signing of a memorandum of understanding between the US Department of Defense and the Ministry of Peshmerga Affairs in the regional government.

The presidency said in a statement that the US Assistant Secretary of Defense, Celeste Wallander, signed with the Minister of Peshmerga Affairs of the Kurdistan Regional Government, Shorsh Ismail Abdullah, the updated memorandum of understanding between the US Department of Defense and the Ministry of Peshmerga Affairs, for the purpose of continuing to support the Peshmerga in the operations of the final destruction of ISIS.

She added, "This memorandum of understanding, which was first signed in 2016, reflects the long-term coordination between the United States and the people of the Kurdistan Region of Iraq, and their joint commitment to the final elimination of ISIS," explaining, "Through this memorandum of understanding, the United States of America renews its commitment to support The role and participation of the Peshmerga forces, as one of the components of the Iraqi security forces, in the operations to destroy ISIS.

According to the statement, this memorandum of understanding sets out both the developments that have been achieved in the field of basic reforms in institutions, and the commitment of the Ministry of Peshmerga Affairs to further reforms in order to raise the level of professionalism of its forces.

The signing ceremony of the memorandum took place under the supervision of the President of the Kurdistan Region of Iraq, Nechirvan Barzani, the Commander-in-Chief of the Peshmerga forces, and in the presence of Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani, which confirms the commitment of the Kurdistan Regional Government to continuous security coordination with the United States of America within the framework of the Iraqi constitution and the Peshmerga reform program. . https://www.radionawa.com/all-detail.aspx?jimare=31285

The Federal Court Issues A Decision Regarding The Steps To Establish The National Oil Company

Political | 03:25 - 09/21/2022   Baghdad - Mawazine News, today, Wednesday, the Federal Court issued a decision regarding the steps to establish the National Oil Company.

In a statement received by Mawazine News, the court said, "It ruled that Paragraphs (2) and (3) of Cabinet Resolutions No. (109) of 2020 and Resolution (211) of 2021 were invalid, and their cancellation, related to completing the steps for establishing the National Oil Company and assigning the Minister of Oil (Ihsan Abdul-Jabbar) chaired it.

And she added, "The court considered:

1- The failure to find ways to preserve public money, which in fact represents the property of all the people by the legally mandated authorities to do so, represents a violation of the provisions of Article (27 / first) of the Constitution, and that failure to achieve this leads to the absence of justice. Social and the absence of national belonging to the state.

2- The failure to preserve public money leads to the state’s failure to carry out its constitutional duties in accordance with what is decreed for it in Articles (29-36) of the Constitution. Ended

https://www.mawazin.net/Details.aspx?jimare=206090

Parliamentary Movement To Complete The Stolen Money Recovery Law

Political | 12:56 - 09/21/2022   Baghdad - Mawazine News   The Parliamentary Integrity Committee revealed, on Wednesday, that the next few period will witness the completion of the looted funds recovery law due to its importance.

Committee member Alia Nassif said, "The committee held more than one meeting with the Integrity Commission to complete the procedures for the law submitted by the Presidency of the Republic related to the recovery of looted funds at home and abroad."

Nassif considered the law "very important," adding, "Its amendments must be completed and legislated because of its importance in preserving public money," according to the official "Al-Sabah" newspaper.

https://www.mawazin.net/Details.aspx?jimare=206077

The Central Bank Expresses Its Position On Electronic Payment Cards With The Private Sector

Economie| 12:47 - 09/21/2022    Baghdad - Mawazine News, today, Wednesday, the Central Bank of Iraq announced the size of its initiative to support the sectors of agriculture, industry, renewable energy and housing, while indicating its position on electronic payment cards with the private sector.

And the Central Bank media said, to the official news agency, followed by / Mawazine News /, that "the Central Bank of Iraq is working to organize the relationship with the departments concerned with receiving financial fees from auditors through electronic payment cards and through points of sale (POS) in markets, malls and sales centers in the private sector. Pointing to "the project owner's desire to contract with a specific bank and to work with point-of-sale devices instead of cash."

Regarding the allocation of additional funds for housing complex projects, he explained, "The Central Bank has raised the volume of its initiatives in all sectors: industrial, agricultural, renewable energy and housing from 6 trillion dinars in 2015 to 18 trillion dinars in 2021, due to the growth of all sectors, especially the housing initiative." Ended 29/PM 99    https://www.mawazin.net/Details.aspx?jimare=206076

The Government Advisor Determines Ways To Absorb Unemployment In The Country

Wednesday 21 September 2022 08:48 | Economic Number of readings: 298

Baghdad / NINA / - The financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified, on Tuesday, ways to absorb unemployment in the country, indicating that the private sector needs soft investment financing.

Saleh said, to the official agency, that "the private sector in Iraq is in dire need of soft investment financing in order to achieve the country's goals in revitalizing the role of the private sector by real diversifying the sources of GDP and approaching the goals of the strategy to raise the percentage of the private sector's contribution to the country's GDP from 37% to 50% over the next ten years.

He explained, "The coherence between the effective investment law and the privileges granted to investors on the one hand, and the encouragement of small and medium-sized projects for the private sector on the other hand, needs a soft government financing association, which requires the activation of a civil development bank or a development fund that facilitates loans directed to investment activities in the private sector within a financing plan." for the next ten years."

Saleh pointed out that "the activity of the small and medium sector is responsible for absorbing more than half of the unemployment levels currently prevailing in the country in the event of interest in it, and in accordance with a targeted economic and financing policy that supports the civil economy."

He explained that "the monetary policy initiative of the Central Bank of Iraq for years to support civil production and investment activities requires at the same time an initiative undertaken by the fiscal policy in this regard to achieve the sustainability of markets active in production, investment, development and diversification of the areas of the national economy."    https://ninanews.com/Website/News/Details?key=1001537

 

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

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Tuesday Evening Iraq Economic News Highlights 9-20-22

.Tuesday Evening Iraq Economic News Highlights 9-20-22

Government Official: The Decline In The Dollar Exchange Rates Is Due To Weak Market Activity

Shafaq News/ Today, Tuesday, a government official attributed the decline in the price of the dollar against the Iraqi dinar to weak market activity, indicating that the dollar in local markets is not affected by the foreign dollar.

The official, who preferred not to be named, said in an interview with Shafak News Agency; “What we are witnessing today of a slight gradual decrease in the price of the dollar against the Iraqi dinar is due to the weak activity of commercial markets, especially after the visit of the forty, which led to a lack of demand for the dollar,” noting that “this decline is simple and temporary and will not decrease to more than one dollar and will rise again.” Normal again soon."

Tuesday Evening Iraq Economic News Highlights 9-20-22

Government Official: The Decline In The Dollar Exchange Rates Is Due To Weak Market Activity

Shafaq News/ Today, Tuesday, a government official attributed the decline in the price of the dollar against the Iraqi dinar to weak market activity, indicating that the dollar in local markets is not affected by the foreign dollar.

The official, who preferred not to be named, said in an interview with Shafak News Agency; “What we are witnessing today of a slight gradual decrease in the price of the dollar against the Iraqi dinar is due to the weak activity of commercial markets, especially after the visit of the forty, which led to a lack of demand for the dollar,” noting that “this decline is simple and temporary and will not decrease to more than one dollar and will rise again.” Normal again soon."

He added, "The dollar prices in the local markets were not affected by the dollar prices abroad, which have been on the rise for weeks," noting that "this is due to the policy of the Central Bank, which sells the dollar through the auction that it conducts daily, which makes there a good offer of the dollar." To cover the local market and the imports of merchants from abroad.

The local markets are witnessing a slight and gradual decrease in the exchange rate of the dollar against the Iraqi dinar, and one dollar recorded today, Tuesday, 147,650 Iraqi dinars.   LINK

Al-Halbousi Meets The Heads Of The Integrity Commission And The Financial Supervision Bureau.. This Is What Happened Between Them

Political | 05:35 - 09/20/2022   Baghdad - Mawazine News   On Tuesday, Parliament Speaker Muhammad al-Halbousi received the head of the Integrity Commission, Alaa al-Saadi, and the head of the Federal Financial Supervision Bureau, Rafel Yassin Khudair.

A statement by Al-Halbousi's office, received by Mawazine News, stated that the meeting discussed the mechanism of work of the two regulatory institutions, reviewing their latest activities, and the role played by these institutions to combat administrative and financial corruption.

During the meeting, Al-Halbousi confirmed the Parliament's support for the Integrity Commission and the Financial Supervision Bureau; In order for these institutions to achieve their goals, and to overcome the obstacles that negatively affect the performance of the tasks entrusted to them. Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=206001

Discussions Between Al-Halbousi And The Heads Of Integrity And Financial Control

Policy   2022-09-20 | 10:35  204 views   Today, Tuesday, Parliament Speaker Muhammad Al-Halbousi discussed with the heads of the Integrity Commission and the Federal Financial Supervision Bureau, the mechanism of work of the two regulatory institutions, and their role in combating administrative and financial corruption.

Al-Halbousi's office said in a statement received by Alsumaria News, that the latter "received the head of the Integrity Commission, Alaa Al-Saadi, and the head of the Federal Financial Supervision Bureau, Rafel Yassin Khudair; ".

Al-Halbousi affirmed, "The House of Representatives supported the Integrity Commission and the Financial Supervision Bureau, in order for these institutions to achieve their goals, and to overcome the obstacles that negatively affect the performance of the tasks assigned to them."   LINK

Document .. A Parliamentarian Files A Complaint Against The Iraqi Finance Minister

Shafaq News/ A member of the Parliamentary Integrity Committee Hadi Al-Salami submitted a complaint to the Iraqi Public Prosecution against the Minister of Finance and Agency Ihsan Abdul-Jabbar Ismail on charges of deliberate delay in releasing financial funds within the Emergency Food Security Support Law.

According to the complaint submitted by Al-Salami, and Shafak News Agency obtained a copy of it, "the Minister of Finance deliberately delayed releasing the financial funds for the ministries and governorates."

The complaint notes that "this deliberate delay led to the failure to implement projects in the ministries and governorates."

Al-Salami demanded the Public Prosecution Office to file a complaint against the Agency's Minister of Finance "because of negligence, negligence and harm to the interests of the Iraqi people."

In the absence of the approval of the 2022 budget, the Iraqi parliament passed the “Emergency Support for Food Security and Development” law, in a move that allows the government to spend on various priority projects with the aim of achieving food security and stability in the country.

The law's expenditures were set at 25 trillion Iraqi dinars (about $17 billion). Last July, Prime Minister Mustafa Al-Kazemi directed all his government ministries to mobilize their efforts to implement the provisions of the Food Security Law.

At the beginning of last August, Planning Minister Khaled Battal Al-Najm cleared his ministry of responsibility for the provinces that were late in sending the projects required to be included in the emergency food security law approved by the Iraqi Parliament.   LINK

SOMO: We Have Informed All International Companies Not To Buy Crude Oil From Kurdistan

Energy   Economy News / Baghdad   Today, Monday, the Oil Marketing Company "SOMO" announced that it had taken marketing measures and informed all international companies not to purchase crude oil from the Kurdistan region, while stressing that the regional government is obligated to implement the decision of the Federal Court .

The director of the company, Alaa Al-Yasiri, said in a statement to the Iraqi News Agency, "The Federal Court issued a decision stipulating the invalidity of all contracts concluded by the Kurdistan Regional Government regarding the extraction and export of crude oil ."

Al-Yasiri added, "The Ministry of Oil has begun to develop flexible mechanisms for the purpose of transferring the entire file to the federal government, but the matter was not welcomed by the regional government, which called the ministry to take legal measures," noting that "the regional government is obligated to implement the court's decision ."

He pointed out that "the Oil Marketing Company has taken marketing measures and all international companies have been informed not to purchase crude oil from the region," noting that "the quantities exported from the region last year amounted to about 420,000 barrels per day, and this year, the exported quantities have decreased to about 355 thousand barrels per day .

He stressed, "The regional government sells oil at lower prices than the central government, and according to news published by Reuters, the region sells oil at discounts ranging from 16-20 dollars per barrel, despite the fact that the sale takes place in the same region and with the same quality of oil ."

231 views  Added 09/19/2022 - 7:34 PM  Update 09/20/20  

https://economy-news.net/content.php?id=29782

Oil: Preparing An Integrated Study For The Rehabilitation Of Basra And Al-Amaya Ports

Reconstruction and building   Economy News _ Baghdad   The Director General of the Basra Oil Company, Khaled Hamza, revealed today, Tuesday, the preparation of an integrated study for the rehabilitation of the Basra and Al-Amaya ports.

Hamza said in a statement to the official television, "The Basra oil port is more than 50 years old, and if there were no maintenance works, this facility would have been out of service now and it is dilapidated, as it was exposed to three wars," noting that "the issue of the oil spill that the port was exposed to. It has been processed, and there is no loss of oil or gas, and all production on that day was transferred to a large storage facility, and gas was secured at this stage.”

He pointed out that "the company has procedures to reduce these cases, and there is coordination with international companies," noting that "the company has a full study to rehabilitate the structure of the port of Basra, as well as the port of Al-Amaya."

37 . views   Added 09/20/2022 - 2:27 PM   Update 09/20/2022 - 5:43 PM

https://economy-news.net/content.php?id=29799

Karmian.. Financial Problems Stopped 60 Municipal Projects 8 Years Ago

Shafaq News/ Karmian Municipalities Directorate revealed today, Tuesday, that dozens of municipal and service projects have been suspended for 8 years due to financial problems, while it revealed dozens of other projects awaiting financial funding.

The director of the department, Barzan Karim Mahmoud, told Shafaq News Agency, "More than 60 projects within the municipality sector have been suspended since 2014 due to crises and financial problems in the Kurdistan Region within the budgets of development of the regions and the budgets of the disputed areas," noting that "the projects are distributed among the affiliated administrative units. Karmian, except for Khanaqin.

Mahmoud stressed that his department has prepared dozens of other projects in all Karmian regions and is awaiting financial funding to start implementing them and completing the currently suspended projects by providing financial allocations.

The crises and financial problems between Erbil and Baghdad in 2014 caused the suspension of service projects and the lack of financial liquidity in the region, and this file has been searching for effective solutions between the two sides for 8 years.    LINK

Labor Launches The Eighth Batch Of The Amounts Covered By The Social Protection Benefit

Political | 04:58 - 09/20/2022   Baghdad - Mawazine News, the Minister of Labor and Social Affairs, Salar Abdul Sattar Agency, announced today, Tuesday, the launch of the eighth batch of the amounts covered by social protection, whose results showed that the Ministry of Planning is below the poverty line.

"The number of families sent to the Ministry of Planning amounted to (343954) families, from whom (310789) were received from those who are below the poverty line and they will be included in the subsidy," Abdul Sattar said during a press conference followed by Mawazine News.

He added, "As for the families whose planning results showed that they are above the poverty line, their number has reached (33,159) families, and they have the right to submit an objection to the higher committees in Baghdad and the provinces," noting that "

He added, "The inclusion will be according to the percentage of poverty and the population census in the governorates, and the names of those covered by the eighth meal will be published this evening, corresponding to 20-9-2022, and those covered must wait for a text message that reaches their phones for review according to the schedule that will be announced by the official website of the ministry and the pages of the ministry and the authority exclusively, and it will continue."

Receiving citizens over a period of three months to issue a (Key Card) card in cooperation with the International Smart Card Company, urging those included to adhere to the review dates that will be announced weekly.

The minister stressed, "Not to pay any sums of money, except for the amount of (10) thousand dinars allocated to the company issuing the smart card.    https://www.mawazin.net/Details.aspx?jimare=205997

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"Tidbits From TNT" Wednesday Morning 9-21-2022

.TNT:

Tishwash: Iraq is a member of the Asian Infrastructure Investment Bank

The Iraqi ambassador to Beijing, Shorsh Khaled Saeed, received today, Tuesday, from the head of the Asian Infrastructure Investment Bank, John Lequin, a certificate of Iraq's accession to the bank.
Thus, Iraq became the 92nd member of the Bank.

The ceremony of receiving the certificate included placing the Iraqi flag among the group of member states at the bank's headquarters.

The Asian Infrastructure Investment Bank will provide soft loans to build infrastructure for member countries, including Iraq. link

TNT:

Tishwash:  Iraq is a member of the Asian Infrastructure Investment Bank

The Iraqi ambassador to Beijing, Shorsh Khaled Saeed, received today, Tuesday, from the head of the Asian Infrastructure Investment Bank, John Lequin, a certificate of Iraq's accession to the bank.
Thus, Iraq became the 92nd member of the Bank.

The ceremony of receiving the certificate included placing the Iraqi flag among the group of member states at the bank's headquarters.

The Asian Infrastructure Investment Bank will provide soft loans to build infrastructure for member countries, including Iraq.   link

Tishwash:  for anyone interested "'𝐈 𝐚𝐦 𝐯𝐞𝐫𝐲 𝐜𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐭 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐙𝐢𝐦𝐛𝐚𝐛𝐰𝐞 𝐝𝐨𝐥𝐥𝐚𝐫 𝐰𝐢𝐥𝐥 𝐬𝐨𝐨𝐧 𝐛𝐞𝐜𝐨𝐦𝐞 𝐭𝐡𝐞 𝐨𝐧𝐥𝐲 𝐦𝐞𝐚𝐧𝐬 𝐨𝐟 𝐭𝐫𝐚𝐝𝐞 -" https://www.youtube.com/watch?v=h6HRIxCS6cM short video in english https://www.youtube.com/watch?v=h6HRIxCS6cM

CandyKisses:  {Political: Al-Furat News} Informed sources revealed that Prime Minister Mustafa Al-Kazemi will deliver Iraq's speech at the work of the United Nations General Assembly next Friday at exactly ten o'clock in the evening Baghdad time.   That is 3:00 PM EDT.

CharlieOK:  Hmmm. Just read an article saying Kazemi is going to address the United Nations. Whaaaaaat? How does this guy have any credibility to give a speech at the UN, much less, even Iraq. Remember? They don't have a government.  Could it be as simple as letting the script play out and wait until the ptb say the "game" is over?

Yada:  At this point Charlie, he is the face of Iraq and the choice of the UN, EU, as well as the US. To think that the Framework has the best interest of Iraq is a farce. They want the consensual rule so they can control the purse and keep Iran in the loop. If it wasnt for the framework's interference, we'd of been much further down the road.

Doc:  Yada is Maliki still pulling the strings? If he is what is the end game? Thanks for your insight

Yada:  Interestingly, DOC, Maliki used the constitution loopholes to stall the process starting with getting the courts to change to vote to 2/3rds. Once Sadr and his people resigned, now Maliki is using the constitution to get the election done before parliament is resolved and Kazimi is appointed temporary PM. Because of his first move, he can't get the vote done now because, ,,,,,,,,,,of the 2/3rd vote,,

Yada:  Kind of funny in a way, we saw this happen in our own government, moves, counter moves, only to have the original move stop the bad guys. LOL

Yada: I Believe we are seeing the end game Doc. Because many of us have seen so much, it may seem like an endless drama. The world economy is on the brink of recession and no one nation can lead us out. Not even the US. With the Re-Issue of the dinar, all the countries will use the higher valued dinar to build their own currencies up.

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

Tishwash:  Parliamentary movement to complete the stolen money recovery law

The Parliamentary Integrity Committee revealed, on Wednesday, that the next few period will witness the completion of the law for recovering looted funds due to its importance.

Committee member Alia Nassif said, "The committee held more than one meeting with the Integrity Commission to complete the procedures for the law submitted by the Presidency of the Republic related to the recovery of looted funds at home and abroad."

Nassif considered the law "very important," adding, "Its amendments must be completed and legislated because of its importance in preserving public money,"  link

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

Tishwash:  A detailed statement on the visit of a high-ranking US official to Baghdad and the signing of an "important" memorandum

he US Embassy in Iraq issued a detailed statement on the visit of the US Assistant

 Secretary of Defense for International Security Affairs, Celeste Wallander, to the capital, Baghdad.

The embassy indicated that the US official "visited Baghdad on September 20 to communicate with senior Iraqi leaders and reaffirm the importance of the defense partnership between the United States and Iraq, and based on the 2008 Strategic Framework Agreement, the United States remains committed to strengthening Iraq's defense capabilities and providing security assistance." As part of a broader cooperation that benefits all Iraqis and enhances the country's sovereignty, stability and security.

The embassy pointed out that "and in 2022, the United States confirmed the transition of the mission in partnership with the Government of Iraq to support the Iraqi security forces through training, consulting, providing various assistance and exchanging intelligence information at a time when the Iraqi government is leading the fight against ISIS. The American forces with a combat role have left Iraq in December 2021, while the forces tasked with providing advice, assistance and empowerment missions remained in Iraq at the invitation of the Iraqi government.

The statement continued, "Assistant Secretary of Defense Celeste Wallander met with Iraqi Defense Minister Jumaa Inad Saadoun, Army Chief of Staff Lieutenant General Abdul Amir Yarallah and National Security Adviser Qassem al-Araji in Baghdad, in which she stressed the long-term partnership between the United States and Iraq during her meetings with Iraqi leaders and affirmed their mutual commitment "Building the operational capacity of the Iraqi Security Forces and Peshmerga forces in order to continue counter-terrorism operations to ensure the lasting defeat of ISIS. Dr. Celeste Wallander also discussed opportunities to expand defense cooperation between the United States and Iraq, beyond just counterterrorism operations, to confront emerging threats and increase cooperation and interoperability." .

In addition, Wallander appreciated Iraq's ongoing efforts to resettle ISIS detainees for prosecution and reintegrate displaced Iraqis from northeastern Syria.

"I am honored to be here today in Baghdad to discuss the US-Iraq defense partnership and to consult with my Iraqi counterparts on opportunities to expand our security cooperation to support shared interests," Wallander said, according to the statement.

Wallander also arrived in Erbil to sign a memorandum of understanding aimed at continuing the US Department of Defense's support for the Peshmerga forces in their operations to defeat ISIS.

The President of the Kurdistan Regional Government, Masrour Barzani, received today, Wednesday, the US delegation headed by the US Assistant Secretary of Defense for International Security Affairs, and during the meeting, they discussed ways to strengthen relations between the Kurdistan Region and America, and discussed the memorandum of understanding that will be signed today between the two sides on continuing support for the Peshmerga and military and security coordination.

The Prime Minister praised the US support for the Peshmerga forces, especially in confronting terrorism and the terrorist Daesh, pointing to the importance of the memorandum of understanding that the two sides will sign. He also renewed the Kurdistan Regional Government's desire to advance comprehensive relations with the United States.

And the US Assistant Secretary of Defense expressed her happiness at visiting the Kurdistan Region, and said: "I am honored to be here today to sign the Memorandum of Understanding, which represents a milestone in the relations between the Kurdistan Region and America."

The reforms in the ninth ministerial formation, especially the existing reforms in the Ministry of Peshmerga, and the importance of a radical and constitutional solution to the outstanding problems between the Kurdistan Regional Government and the federal government, were part of the axes of the meeting, which was attended by the US Ambassador to Iraq Alina Romanowski and the US Consul General in the Kurdistan Region Irvin Hicks.  link

Mot:  NOW!! -- We ALLLL Want the Answers!! ~~~

Mot: .. one day his teacher asked him! ~~~

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Tuesday Evening Iraq Parliament News Highlights 9-20-22

.Tuesday Evening Iraq Parliament News Highlights 9-20-22

Al-Kazemi During His Departure To New York: The Doors To Resolving The Political Crisis Are Still Open

Posted On2022-09-20 By Sotaliraq Iraqi Prime Minister Mustafa Al-Kazemi commented during his departure from Iraq to New York, saying: "The current political crisis is difficult, but the doors to a solution are still open."

Al-Kazemi said in a statement issued by his office on Monday (September 19, 2022): “We are now leaving for New York City in the United States of America; To participate in the meeting of the United Nations General Assembly on behalf of Iraq.

According to Al-Kazemi, "The experience of our government has confirmed that Iraq can play an important role in stabilizing the region, and be an arena for convergence of views between everyone, and this is an approach that must take its extent at all levels."

Tuesday Evening Iraq Parliament News Highlights 9-20-22

Al-Kazemi During His Departure To New York: The Doors To Resolving The Political Crisis Are Still Open

Posted On2022-09-20 By Sotaliraq    Iraqi Prime Minister Mustafa Al-Kazemi commented during his departure from Iraq to New York, saying: "The current political crisis is difficult, but the doors to a solution are still open."

Al-Kazemi said in a statement issued by his office on Monday (September 19, 2022): “We are now leaving for New York City in the United States of America; To participate in the meeting of the United Nations General Assembly on behalf of Iraq.

According to Al-Kazemi, "The experience of our government has confirmed that Iraq can play an important role in stabilizing the region, and be an arena for convergence of views between everyone, and this is an approach that must take its extent at all levels."

He pointed out that "the current political crisis is difficult, but the doors to a solution are still open, and this requires a calm and frank dialogue that puts the interest of Iraq and its people above all."

The Prime Minister called on the national and political forces to “remain calm and patient, rely on the language of dialogue and reason, and arm ourselves with a solid will and a high patriotic spirit; Let us cross our country from this stage to safety at this historical moment, through our national dialogue that is capable of producing solutions that end this current crisis.”

Earlier today, the spokesman for the Iraqi Council of Ministers, Hassan Nazim, stated that Prime Minister Mustafa Al-Kazemi will meet with high-ranking figures within the work of the United Nations General Assembly in New York.

Nazim said in the weekly press conference, today, Monday (September 19, 2022), that Prime Minister Mustafa Al-Kazemi "will go to the United States to participate in the work of the United Nations General Assembly at its 77th session."

He added that "Al-Kazemi will meet high-ranking figures in New York," adding that Al-Kazemi's participation "is of importance in representing Iraq diplomatically, and enhances Iraq's position internationally."

Nazim noted that "the government succeeded in the file of foreign relations and was able to dismantle the crises."

He pointed out that “the Council of Ministers decided to stop work on previous decisions related to lagging projects,” noting “to stop work on previous decisions of the Council of Ministers because they were taken in exceptional circumstances.” LINK

Hassan Nazim: Al-Kazemi Will Meet High-Ranking Personalities In New York

Posted On2022-09-20 By Sotaliraq    The spokesman for the Iraqi Council of Ministers, Hassan Nazim, stated that Prime Minister Mustafa Al-Kazemi will meet high-ranking figures within the work of the United Nations General Assembly in New York.

Nazim said in the weekly press conference, Monday (September 19, 2022), that Prime Minister Mustafa Al-Kazemi "will go to the United States to participate in the work of the United Nations General Assembly at its 77th session."

He added that "Al-Kazemi will meet high-ranking figures in New York," adding that Al-Kazemi's participation "is of importance in representing Iraq diplomatically, and enhances Iraq's position internationally."

Nazim noted that "the government succeeded in the file of foreign relations and was able to dismantle the crises."

He pointed out that "the government succeeded in the file of foreign relations and was able to dismantle the crises," adding that "the Council of Ministers decided to stop work on previous decisions related to lagging projects," noting to "stopping previous decisions of the Council of Ministers because they were taken in exceptional circumstances."

Disclaimer: All published articles represent the opinion of its authors only   LINK

Parliament Is Preparing To Enact 20 Laws.. Despite Calls For Its Dissolution

Posted On2022-09-19 By Sotaliraq     Baghdad/Bright news   Parliament is preparing, as soon as its sessions are held, to enact 20 important laws, while specialized committees confirm the exclusion of projects that have political differences at the present time.

A parliamentary source said, "The Parliament's Legal Committee will proceed to submit about 20 laws to vote, successively, after the resumption of Parliament sessions."

For his part, committee member Aref Al-Hamami said, in a statement to (Al-Mada), that “an agreement was made within the Legal Committee that Parliament should give priority to the legislation of laws that do not require political consensus and concern the Iraqi people all.”

Al-Hamami continued, "There are laws that need political consensus, such as oil, gas and elections, but at the beginning of the sessions, it is the ones that do not need consensus between the blocs."

He pointed out that "the most important laws prepared for passage are social security, amending the Unified Retirement Law, and the law on providing housing for trespassers and addressing slums."

And Al-Hamami, that "some of the laws are new projects and proposals, and others go back to previous parliamentary sessions."

He explained, "There is a request submitted with the signature of 180 deputies in order to resume parliament sessions in the coming days."

Al-Hamami held, "The Presidency of the House of Representatives is responsible for delaying the sessions, despite the passage of not short time since the demonstrators withdrew from the Green Zone."

He believes, "The conditions are ripe today for the return of parliament sessions, the progression of constitutional entitlements and legislation, and the exercise of the oversight role."

Al-Hamami concluded, “Disrupting the work of the legislative authority is not in the interest of Iraq, especially with the presence of many files that are waiting for Parliament to be resolved.”   LINK

Will The Reform Of The Iraqi Political Process Be Through The Constitution And The Law?

Posted On2022-09-19 By Sotaliraq   The parliamentary system needs basic and important components for its success, foremost of which are economic development and societal well-being

Monday 19 september 2022      a call to amend articles in the constitution that caused the political impasse in iraq (reuters)

The  political process  in  iraq continued  its precarious path after each electoral process, but this time it was characterized by obstruction and abuse of constitutional terms.

The political blocs continue their struggles over the mechanism  of government formation  since the elections were held in october of last year.

AMENDING THE ARTICLES OF THE CONSTITUTION

On september 10, 2022, the head of the supreme judicial council, faiq zaidan, called for the amendment of articles in the constitution that “caused” the political impasse in iraq since the legislative elections.

Zaidan said in a press statement that "constitutional violations or socially and morally unacceptable acts cannot be held accountable by the judge, whether institutions or individuals, unless there is an explicit text that is punishable according to legal conditions."

He added that "a lawsuit requesting the dissolution of the house of representatives, although the judiciary agrees with the plaintiff in that lawsuit in fact that there are constitutional violations committed by the house of representatives and the person who clearly marked those violations, but the constitutional judiciary rejected the lawsuit by requesting the dissolution of the house of representatives because the penalty for this breach (dissolving the council) entrusted it." article (64) of the constitution to the house of representatives itself.

The head of the judiciary explained that  parliament  “is dissolved by an absolute majority of its members, either at the request of one-third of its members or at the request of the prime minister and with the approval of the president of the republic.”

He added that "the jurisdiction of the federal court is constitutionally defined under article (93), and there is no power among them to dissolve the house of representatives."

Zaidan said, "it is necessary to reconsider the drafting of the articles of the constitution that obstruct the formation of the constitutional authorities, which caused the state of political blockage and the accompanying unfortunate events, that the penalty for violating any constitutional text should be stipulated in the same text in a clear formulation that is not subject to interpretation or interpretation."

BASIC INGREDIENTS

On the other hand, legal specialist ali al-tamimi stressed that the parliamentary system needs basic and important components for its success, foremost of which are economic development and societal welfare, as it has been implemented and succeeded in britain first and then the scandinavian countries, but when it was placed in a country such as iraq, it was said that it would lead to sectarian war and strife, and this is what actually happened.

Al-tamimi indicated in a press statement that “the iraqi constitution has come with positive principles that are consistent with the principles of the parliamentary system, but it is not suitable in iraq and needs to be the first amendments to the constitution to be the form of the political system to be either presidential or semi-presidential.”

He pointed out that "the semi-presidential system is the best and most successful for iraq at the current stage, as is the form of the current system in france, as the parliamentary system in iraq has created multiple dictatorships for parties, and this is the most dangerous."

BIGGEST MASS

But the legal specialist, dia al-din al-budairi, indicated that the largest parliamentary bloc is the cause of the problems and can be amended without amending the constitution, and parliament can amend its law and refer to this paragraph as an explicit indication that the most numerous bloc will become the winning bloc in terms of the number of its deputies, without resorting to an amendment the constitution is also difficult, because the iraqi constitution is one of the very rigid and dry constitutions, and it cannot be amended, especially with the quota system.

Meanwhile, the legal specialist haider al-sufi confirmed that the constitutional amendment requires that there be a committee that presents the amendments to parliament, which in turn must approve them by two-thirds, and then submit it to the people for a referendum.

Al-sufi explained that the current constitution stipulates that in order for the amendments to be approved, three governorates should not reject it, meaning that it is possible to make amendments to the constitution easily, but the governorates should not object to these amendments.

COMMITMENT TO THE ARTICLES OF THE CONSTITUTION

For his part, political researcher saleh lafta believes that “the safest, best and just way to reform the political process is to adhere to the articles and paragraphs of the constitution and not to override the constitution for any reason and to solve problems according to the law.

Respecting the law and deporting problems to satisfy some parties. If the constitution was adhered to to explain the largest bloc, the formation of the government would not be delayed for any electoral cycle, and if spoilers and thieves were held accountable, iraq would not issue the list of the most corrupt countries.”

He added, "but there is a problem, that there are paragraphs in the iraqi constitution that bear more than one interpretation and bearing various aspects. If one party agrees to the interpretation of that article, other parties will consider themselves unjust with that interpretation, as happened in the 2010 elections and the interpretation of the federal court for the largest bloc and considering the iraqi list winning the largest number of parliamentary seats. She was wronged and her right was stolen.”

He pointed out, "we need a clear explanation of these articles without resorting to the federal court, delaying the constitutional benefits in each electoral cycle, and amending articles that cause problems or have been deported for many years."

THE INDEPENDENT ARABIC    LINK

Representative Of The State Of Law: The Return Of Parliament Sessions Depends On Political Understandings[/Size]

Iraq   14:05 - 09-20-2022  Representative of the State of Law coalition, Duha Al-Qaisar, called on Tuesday for the need to return to the work of the House of Representatives after consulting with other political forces.

Representative Duha Al-Qaisar said, "The Presidency of Parliament has received an official request signed by 180 who are calling for the resumption of the parliament's sessions, the return of the meeting of the parliamentary committees, and the exercise of their oversight and legislative role."

She added, "There are ongoing meetings with major political forces in order to hold a parliamentary session through which he can get out of the current crisis."

The Caesar indicated that "the presidency of the parliament is awaiting a political consensus to resume holding the sessions," stressing that "things are going normally and that everything will return as it was soon." https://kirkuktv.net/AR/Details/9037

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Tlm724 Administrator Bondlady’s Corner

The Appearance Of Muhammad Salih To / Nina /: The Window For Selling The Currency Represents The Stability Of The Purchasing Power And The External Value Of The National Currency

Tuesday 20 September 2022 09:46 | Economic Number of readings: 316 Baghdad / NINA / - The financial expert, advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the currency sale window represents stability of the purchasing power and the external value of the national currency.

He told the National Iraqi News Agency ( NINA ): There are basic functions undertaken by the central banks' foreign exchange reserves, foremost of which is maintaining the stability of the external value of the national currency against the currencies of other countries, i.e. the stability of exchange rates.

More Iraqi News Tuesday Evening 9-20-22

Tlm724 Administrator Bondlady’s Corner

The Appearance Of Muhammad Salih To / Nina /: The Window For Selling The Currency Represents The Stability Of The Purchasing Power And The External Value Of The National Currency

Tuesday 20 September 2022 09:46 | Economic Number of readings: 316   Baghdad / NINA / - The financial expert, advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the currency sale window represents stability of the purchasing power and the external value of the national currency.

He told the National Iraqi News Agency ( NINA ): There are basic functions undertaken by the central banks' foreign exchange reserves, foremost of which is maintaining the stability of the external value of the national currency against the currencies of other countries, i.e. the stability of exchange rates.

Saleh added: The Central Bank's practice of interfering in the exchange market, buying and selling, and addressing the high levels of local liquidity through its window, comes to bring about that stability that leads to the stability of the general level of prices and the maintenance of the stability of the purchasing power of the national currency.

He explained: The demand for foreign exchange represents a demand for foreign goods, services and benefits, and its flows to the local market constitute an important base of the rules for the stability of commodity supply in the country, which at the same time affects the stability of the general level of prices. / End 3 https://ninanews.com/Website/News/Details?key=1001305

With The Participation Of Iraq .. The Opening Of The Work Of The General Assembly Of The United Nations

Tuesday 20 September 2022 16:17 | political Number of readings: 55   Baghdad / NINA / - The General Assembly of the United Nations opened its work with the participation of Iraq today./ Ended in    https://ninanews.com/Website/News/Details?key=1001403

Integrity Reveals The Recruitment Of A General Manager In The Central Bank

Today, Tuesday, the Federal Integrity Commission announced the issuance of a summons order against a former general manager of the Central Bank; Accused of deliberately causing harm to the funds and interests of the entity in which he works.

The Commission's Investigation Department said in a statement, "The Rusafa Investigation Court, which is specialized in integrity issues, issued an order to bring in the former Director General of the Administrative and Financial Department of the Central Bank of Iraq, against the background of the purchase of (10) machines known as "comprehensive machines" used for counting and sorting currency," referring to the That "the purchase value of the machines amounted to (15,000,000) US dollars."

The department added that "the Rusafa Investigation Court, which is specialized in integrity issues, decided to bring in the Director-General, in accordance with the provisions of Article (340) of the Penal Code." https://www.radionawa.com/all-detail.aspx?jimare=31261

Securities Introduces A Custodian Bank To Regulate Trading And Encourage Investment

 Economie    Today, 12:14  Baghdad – INA The Iraqi Stock Exchange announced, today, Tuesday, the creation of an electronic portfolio to organize trading and encourage investment.

A market statement received by the Iraqi News Agency (INA) stated that "based on the work plans of the Securities Commission and the Iraq Stock Exchange - for the year 2022, the Iraq Stock Exchange and Elaf Islamic Bank signed a license contract (Al-Hafiz Al-Amin) after the bank completed the requirements of the instructions of the custodian, the most important of which is obtaining the approval of the bank.

The Central Bank of Iraq and obtaining the approval of the Securities Commission and the Board of Governors of the Iraqi Stock Exchange and the preparation of the headquarters and staff of the Custodian of the Two Holy Mosques and their passing of training, and the  creation of the Back office system to manage the tasks set forth in the instructions from the outputs of the market and bank systems.”

The statement indicated that "the tasks of the (custodian) include contracting with investors wishing to receive the following services:

opening a securities account for each investor,  keeping the securities,   notifying the investor of all decisions and actions taken by joint stock companies related to the rights associated with his securities, and

notifying the investor of all The operations and transfers that took place on his account within a working day, in accordance with the notification method agreed upon between them, and

providing the investor with a detailed monthly account statement showing all the transactions and transfers that took place in his account, with a statement of his current balance of securities or cash.

He explained that "this step is considered positive as it works to attract Iraqi, Arab and foreign investors from outside Iraq, organize the mechanisms of capital movement in accordance with the mechanisms and rules of the banking system, and

organize the affairs of Iraqi and foreign investors who want the type of services provided by the trustworthy custodian that is recognized in the Arab and international financial markets and regulate the relationship." With foreign banks in directing the funds prepared for investment in the shares of Iraqi joint stock companies,” noting that

“there will be licenses for other Iraqi banks very soon to expand the required structure for the base of services required – for the trustworthy custodian – for the same objectives and tasks it performs – set out in the instructions above.”     https://www.ina.iq/165926--.html

Iraq Will Meet With 3 Arab Countries Next Week To Discuss The File Of Economic Integration

Economie    Today, 19:18   Baghdad - Ia'a   Representatives from Iraq will meet next week with their counterparts in 3 Arab countries to discuss the file of economic integration, while the Iraqi and Lebanese sides agreed to export surplus agricultural products in both countries.

A spokesman for the Ministry of Agriculture, Hamid Al-Nayef, said in a statement received by the Iraqi News Agency (INA), that

"the Minister of Agriculture, Muhammad Al-Khafaji, held a joint meeting at the Ministry's center this morning, Tuesday, with his Lebanese counterpart, Abbas Al-Hajj Hassan, in the presence of the Lebanese ambassador in Iraq and the head and members of the Baghdad Chamber of Commerce."

And major traders and importers to discuss ways of joint cooperation in the field of commodity exchange between the two brotherly countries and ways to create an integrated economic environment between brotherly countries, including Lebanon, as well as overcoming the obstacles facing the export and import of agricultural products.

Al-Nayef added, "Minister Al-Khafaji affirmed the Iraqi government's keenness, represented by the Ministry of Agriculture, to increase cooperation and agricultural trade exchange between Iraq and the brotherly Arab countries in all fields in a manner that serves common interests, in addition to facilitating procedures for the export and import processes and supporting merchants, exporters and importers."

According to the statement,  Al-Khafaji agreed to a proposal to establish a joint Iraqi-Lebanese transport company that works to transport goods and agricultural products between the two countries and deliver them to consumers at the lowest prices and costs,

noting that "this process is done through the private sector and that the ministry will be supportive of it."  Al-Khafaji explained, according to the statement, that

"the ministry protects the local product on one side and protects the consumer on the other hand, and this partnership does not affect the locally supplied products, as all imported products are not provided locally and according to the agricultural calendar that controls the import and export process."

According to the statement, the Minister of Agriculture stressed the need to work hard to build a real partnership for economic integration between Iraq and Lebanon,

announcing the holding of a four-way meeting between Iraq, Syria, Lebanon and Jordan early next week in Amman in order to continue the search for possible means for the success of the process of economic integration between the four countries.

For his part, the Lebanese minister affirmed the depth of the brotherly relations between the two countries in all fields, noting that

"Lebanon has many agricultural crops that are surplus to need and it is possible to export them to Iraq, in addition to allowing the export of Iraqi agricultural products that are surplus to need, including dates, to Lebanon within the framework of the commodity exchange policy. agricultural products between the two countries.    https://www.ina.iq/165962--3-.html

Al-Kazemi’s Advisor Identifies Ways And Methods To Absorb Unemployment Levels

Sweetened    Today, 21:41   Baghdad - INA - Nassar Al-Hajj  , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified, today, Tuesday, ways to absorb unemployment in the country, while indicating that the private sector needs soft investment financing.

Saleh said, to the Iraqi News Agency (INA), that "the private sector in Iraq is in dire need of soft investment financing in order to achieve the country's goals in revitalizing the role of the private sector by

real diversifying the sources of GDP and approaching the strategic goals to raise the percentage of the private sector's contribution to the gross domestic product."

The country will increase from 37% to 50% over the next ten years.

He pointed out in a talk about ways and methods to absorb unemployment, that "the coherence between the effective investment law and the privileges granted to investors on the one hand and the encouragement of small and medium-sized enterprises for the private sector on the other hand needs a soft government financing association,

which requires the activation of a civil development bank or a development fund that facilitates loans directed to activities investment in the private sector within a financing plan for the next ten years.  

Saleh explained,  "The activity of the small and medium sector is responsible for absorbing more than half of the currently prevailing levels of unemployment in the country in the event of interest in it, and in accordance with a targeted economic and financing policy that supports the civil economy."  

He stated, "The monetary policy initiative of the Central Bank of Iraq for years to support civil production and investment activities requires at the same time an initiative undertaken by the fiscal policy in this regard to achieve the sustainability of markets active in production, investment, development and diversification of the areas of the national economy."    https://www.ina.iq./165976--.html

The Governor Of The Central Bank Of Iraq Receives The Turkish Ambassador To Iraq

September 20, 2022  His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mikhaif, received the Turkish Ambassador to Iraq Alireza Konay and his accompanying delegation.

During the meeting, they discussed aspects of bilateral cooperation and enhancing them between Baghdad and Ankara, developing banking and economic relations between the two neighboring countries, and  facilitating the work of Turkish banks in Iraq.

His Excellency the Governor confirmed that our previous visit to Ankara and our meeting with His Excellency the Governor of the Central Bank of Turkey came with the aim of developing the bilateral relations that the bank aims to achieve through its openness to its counterparts in the countries of the world in a way that enhances its foreign relations.

His Excellency the Governor confirmed that the Central Bank of Iraq deals reciprocally through its policy that focuses on the interest of Iraq.       Central Bank of Iraq      information Office      September 20 2022

https://cbi.iq/news/view/2089

 

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