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"Tidbits From TNT" Friday Morning 9-23-2022

.TNT:

CandyKisses: Al-Kazemi meets the Vice President of the World Bank Group

Prime Minister Mustafa Al-Kazemi confirmed, on Friday, Iraq's determination to continue the economic reform platform.

A statement by the Prime Minister's media office said, "Mawazine News" received a copy of it, that "Al-Kazemi met, yesterday, Thursday, with the Vice President of the World Bank Group for the Middle East and North Africa, Farid Belhaj, on the sidelines of participation in the meetings of the United Nations General Assembly in New York."

The statement added that "during the meeting, the most important aspects of cooperation between Iraq and the World Bank in the financial and economic fields, and in the field of providing studies, consultations and data, were reviewed," noting that "the meeting touched upon the positive growth in the Iraqi economy, and success in facing the challenges caused by global crises, The disruption of supply chains, and the effects of the Corona pandemic.”

The Prime Minister stressed, "Iraq's determination to continue the economic reform platform, lay strong foundations for sustainable development, create an attractive investment environment, and emphasize cooperation with the World Bank in the areas of modernizing the country's water policy and food security projects."

TNT:

CandyKisses:  Al-Kazemi meets the Vice President of the World Bank Group

Prime Minister Mustafa Al-Kazemi confirmed, on Friday, Iraq's determination to continue the economic reform platform.

A statement by the Prime Minister's media office said, "Mawazine News" received a copy of it, that "Al-Kazemi met, yesterday, Thursday, with the Vice President of the World Bank Group for the Middle East and North Africa, Farid Belhaj, on the sidelines of participation in the meetings of the United Nations General Assembly in New York."

The statement added that "during the meeting, the most important aspects of cooperation between Iraq and the World Bank in the financial and economic fields, and in the field of providing studies, consultations and data, were reviewed," noting that "the meeting touched upon the positive growth in the Iraqi economy, and success in facing the challenges caused by global crises, The disruption of supply chains, and the effects of the Corona pandemic.”

 The Prime Minister stressed, "Iraq's determination to continue the economic reform platform, lay strong foundations for sustainable development, create an attractive investment environment, and emphasize cooperation with the World Bank in the areas of modernizing the country's water policy and food security projects." 

CandyKisses:  Kazemi is speaking second, at the UN meeting, beginning at 3 PM EDT today. 11th Plenary meeting: Friday, 23 September 2022 - 3:00 p.m. 1 Antigua and Barbuda His Excellency Gaston Alphonso Browne Prime Minister and Minister for Finance, Corporate Governance and Public Private Partnerships of Antigua and Barbuda 2 Iraq His Excellency Mustafa Al-Kadhimi Prime Minister of the Republic of Iraq

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CandyKisses:  Al-Kazemi: The stability of the region has positive repercussions on the situation in Iraq

Prime Minister Mustafa Al-Kazemi confirmed on Friday that the stability of the region has positive repercussions on the situation in Iraq.

Al-Kadhimi said in an interview with the official Al-Iraqiya news channel, before delivering a speech during the General Assembly meeting in New York, that "we have an opportunity to build Iraq, and everyone must bear responsibility in this field."

He added that "Iraq succeeded in bringing Iran and Saudi Arabia closer together and other countries succeeded in restoring their relationship with each other after that."

"We will contribute to everything that helps stabilize the region and preserve the dignity of its people," Al-Kazemi continued.

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Tishwash:  Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion

The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion.

Al-Kazemi said in an interview with the state media before giving a speech at the General Assembly meeting in New York, that "the white paper succeeded in achieving economic reform."

And he added, "The cash reserve under our government has reached 68 billion dollars, and it is expected to increase to 100 billion dollars."

Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world.   link

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Tishwash:  Al-Kadhimi meets with the Secretary-General of the United Nations to discuss several files

Prime Minister Mustafa Al-Kazemi discussed, today, Friday in New York, with United Nations Secretary-General Antonio Guterres several files, including the drought file, and the attacks on Iraqi lands.

A statement by Al-Kazemi's office, a copy of which was received by Mawazine News, stated that "the latter met with Guterres and discussed with him the situation in Iraq, and the government's efforts to mitigate political differences, by adopting the National Dialogue Initiative between political forces, and also addressed the situation in the displacement camps, and the efforts of The government will close the largest number of them, and return the displaced to their areas of origin.”

The statement added, "The Secretary-General of the United Nations praised Al-Kazemi's role in maintaining civil peace in Iraq, supporting his initiative in the national dialogue between political forces, and striving to achieve political détente."

The meeting witnessed, according to the statement, "discussing the education file in Iraq, and the government's keenness to improve it, and develop infrastructure by starting to build 1,000 schools throughout Iraq as a first stage."

The statement pointed out that "the meeting dealt with the drought file, and its great effects on Iraq, and Al-Kazemi stressed the importance of helping Iraq in this file, which is related to the lives of citizens and the country's economies. On his part, Guterres stressed the need to address the drought problem that Iraq suffers from because of what it is doing." It has some riparian countries from changing the course of rivers.”

Guterres affirmed, according to the statement, "his rejection of the attacks that affect the sovereignty of Iraq, his affirmation of support for Iraq's unity, and his refusal to interfere in its internal affairs."

The statement continued, "Al-Kazemi expressed his thanks for the efforts of the United Nations mission in helping Iraq to hold transparent and fair elections, praising the role of the United Nations and its development programs to enhance local capacities, and in rehabilitating those affected by terrorism, and its projects in the fields of environment and sustainable development."  link

Mot: ... On This Friday!!!! ~~~~~

Mot: In case you wondered~~~ 

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Thursday Evening Iraq Economic News Highlights 9-22-22

.Thursday Evening Iraq Economic News Highlights 9-22-22

Parliamentary Finance: No Budget Preparation Without Forming A Government With Full Powers

Today, Thursday, the Parliamentary Finance Committee confirmed that the budget cannot be implemented or prepared unless a new government with full powers is formed.

A member of the Finance Committee, Jamal Cougar, said in a press statement, “The budget cannot be worked out or prepared unless a new government with full powers is formed. Therefore, whenever the new government is formed, there will be a budget.”

Thursday Evening Iraq Economic News Highlights 9-22-22

Parliamentary Finance: No Budget Preparation Without Forming A Government With Full Powers

Today, Thursday, the Parliamentary Finance Committee confirmed that the budget cannot be implemented or prepared unless a new government with full powers is formed.

A member of the Finance Committee, Jamal Cougar, said in a press statement, “The budget cannot be worked out or prepared unless a new government with full powers is formed. Therefore, whenever the new government is formed, there will be a budget.”

Cougar added, "The follow-up of the Finance Committee to the exchange mechanisms within the Food Security Law is very weak, because the House of Representatives was almost disabled during the previous period." He continued, "If there are no organized and arranged sessions, there will be no serious and real follow-up." LINK

Al-Kazemi and his Kuwaiti counterpart discuss ways to develop bilateral relations and stress on increasing investment

oday, Wednesday, Prime Minister Mustafa Al-Kazemi met the Prime Minister of the State of Kuwait, Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah, on the sidelines of his participation in the work of the United Nations General Assembly in New York.

During the meeting, according to a statement by Al-Kazemi's office, they "discussed bilateral relations between the two brotherly countries, ways of developing them, and discussing regional issues, and files of common interest."

The meeting stressed the "importance of consolidating joint cooperation at various levels and levels between Iraq and Kuwait, increasing economic cooperation and investment, and activating the Iraqi-Kuwaiti Joint Ministerial Committee, in a manner that enhances the interests of the peoples of the two brotherly countries in prosperity and development."   LINK

Iraq Invites Emirati Companies To Contribute To The Reconstruction Of Its Cities

Published: 22.09.2022 | 10:40 GMT |  Last update: 22.09.2022 | 10:58 GMT |Arab world news

Today, Thursday, Iraqi Foreign Minister Fouad Hussein called on Emirati companies to contribute to the reconstruction of Iraqi cities.

A statement by the Iraqi Ministry of Foreign Affairs stated that "Hussein met his Emirati counterpart Abdullah bin Zayed, in the context of the meetings of the 77th session of the United Nations General Assembly in New York, and during the meeting they reviewed the progress of bilateral relations between Baghdad and Abu Dhabi, and the prospects for raising them to a level that meets the aspirations of the two brotherly peoples." .

He added that "the two sides also discussed the overall developments in the Arab and international region."

The statement quoted the Iraqi minister as saying that "his country is keen to strengthen joint cooperation with the UAE in various fields," calling on "Emirati companies to contribute to the reconstruction of Iraqi cities."

The statement quoted the Emirati minister as affirming his "support for the security and stability of Iraq, seeking to increase the volume of cooperation with it, contributing to reconstruction and construction, and increasing investment in it."    Source: RT    LINK

Without A Budget And Food Security” .. Revealing The Most Prominent Economic Scenarios For The Next

Article at link:   https://baghdadtoday.news/ar/news/200999/A

A Dispute Between The Housing Fund And The Iraq Gate Deprives Citizens Of Buying Apartments

Cancellation of the validity of the issuance method next Sunday in the real estate registration

Baghdad - Qusay Munzer   Citizens appealed to Prime Minister Mustafa Al-Kazemi to intervene to end the housing fund's freezing of transactions to obtain a loan to purchase apartments in the Iraq Gate complex, as a result of a dispute between the complex's management and the National Investment Authority.

And they confirmed in conversations with (Al-Zaman) yesterday that they (submitted their transactions to the fund immediately after signing the purchase contract, and paid the necessary installments, but they were surprised that the fund did not accept the promotion of loan transactions to pay the last payment to the complex’s management for reasons and disputes with the Investment Authority).

The Director General of the Fund had promised to settle this dispute, which caused the deprivation of citizens of their rights, but the situation remained the same two years ago. Meanwhile, the Fund, which is affiliated with the Ministry of Construction, Housing and Public Municipalities, decided to cancel the validity of the transaction.

In addition, Rafidain Bank launched a new batch of pensioners' advances, starting from five million to 25 million dinars. A statement by the bank, received by (Al-Zaman) yesterday, said that (a new batch of retired advances was launched, which starts from 5 million dinars to 25 million dinars, after completing the grant procedures in accordance with the controls and instructions), and indicated that (submission to the advances is through the bank’s branches located in Baghdad and the provinces), and the statement explained that (the branches are still continuing to receive requests for promotional transactions for advances to employees, contracts, members of the security forces and retirees). In turn, the Central Bank disclosed the size of its initiative to support the sectors of agriculture, industry, renewable energy and housing.

He said in a statement received by (Al-Zaman) yesterday that (the Central Bank is working to organize the relationship with the departments concerned with receiving financial fees from the auditors through electronic payment cards and through points of sale or OS) in the markets, malls and sales centers in the private sector, stressing (the project owner's desire to contract with A specific bank and working with point-of-sale devices instead of cash), noting that (it has raised the volume of its initiatives in all industrial, agricultural, renewable energy and housing sectors from 6 trillion dinars in 2015 to 18 trillion dinars in 2021).

The bank also decided earlier, setting the ceiling of the sukuk at one hundred thousand dollars in foreign currency and 250 million dinars in the local currency.    LINK

UAE: We Will Contribute To The Reconstruction Of Iraq

The Minister of Foreign Affairs of the United Arab Emirates, Abdullah bin Zayed, affirmed today, Thursday, that it has always sought to increase the volume of cooperation with Iraq and contribute to the reconstruction.

A statement by the Iraqi Ministry of Foreign Affairs stated in a statement received by the fourth that "Foreign Minister Fouad Hussein met with the Minister of Foreign Affairs of the United Arab Emirates Abdullah bin Zayed, in the context of the meetings of the 77th session of the United Nations General Assembly in New York."

He added that "the meeting reviewed the progress of bilateral relations between Baghdad and Abu Dhabi, and the prospects for raising them to a level that meets the aspirations of the two brotherly peoples, as well as discussing the overall developments in the Arab and international region."

Hussein stressed, according to the statement, "Iraq's keenness to enhance joint cooperation with the UAE in various fields, calling on Emirati companies to contribute to the reconstruction of Iraqi cities."

For his part, Abdullah bin Zayed stated, “We reaffirm our support for the security and stability of Iraq, adding, “We always seek to increase the volume of cooperation with Iraq, and we will contribute to reconstruction, construction, and increased investment in Iraq.”   LINK

The Iraqi Stock Exchange Ends The Week's Trading On A Decline And Trades 31 Billion Shares

Market   Economy News-Baghdad   The Iraqi Stock Exchange ended this week's trading lower, with 31 billion shares traded.

The number of shares traded this week reached more than (31) billion shares, with a value of more than (8) billion dinars.

The trading index closed in the market for the first session of the week at (595.25) points, while the index closed at the end of the week at (594.20) points, achieving a decrease of (0.18%) from its closing in the first session.

During the week, more than (2200) buying and selling contracts were executed on the shares of companies listed in the market.  20 . views   Added 09/22/22 - 1:54 PM   Update 09/22/22 2022 - 2:47 PM

https://economy-news.net/content.php?id=29844

Parliamentary Finance Discusses The File Of Employee Salaries And Contracts 315

Policy   2022-09-22 | 06:44   765 views   Alsumaria News – Politics The Parliamentary Finance Committee discussed, today, Thursday, the financial benefits and the possibility of financing the salaries of employees, while the committee decided to host the head of the Sunni Endowment Office as an agency.

The Media Department of the House of Representatives stated in a statement received by Alsumaria news, that "the Finance Committee received on Thursday 22/9/2022, headed by the Deputy Mahasin Hamdoun The head of the age and the presence of a number of its members at the committee’s headquarters, a delegation from the Sunni Endowment Office that included the Director General of Administration and Finance, the Director General of the Budget, and the Director of the Guards Department.

She added, "The committee discussed with the delegation the problems facing the bureau in terms of financial benefits and the possibility of financing salaries in accordance with the Financial Management Law 1/12, in addition to discussing financing the salaries of contract owners and wages to pay their dues in accordance with Resolution 315."

The statement indicated that "the committee listened to a detailed explanation about the disbursement of the endowment budget for the year 2021 and the procedures followed by the bureau, as well as the problems facing the departments affiliated with the endowment and the possibility of completing some buildings in order to find appropriate solutions for those departments."    LINK

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Thursday Evening Iraq Parliament News Highlights 9-22-22

.Thursday Evening Iraq Parliament News Highlights 9-22-22

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.

Thursday Evening Iraq Parliament News Highlights 9-22-22

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 Democratic Party Requires A Dialogue With The Sadrists To Hold The Parliament Session

2022-09-22 05:23   Shafaq News/ Today, Wednesday, the Kurdistan Democratic Party stressed the need to hold a dialogue with the Sadrist movement to hold the parliament session, pointing to the weight of the movement inside and outside the parliament.

The party's deputy, Sabah Sobhi, told Shafaq News Agency, that the Kurdistan Democratic Party insists on the basic idea, which is to hold any session of the House of Representatives that needs a dialogue with the Sadrist movement.

He pointed out that the resumption of Parliament sessions needs political stability and agreement with the Sadrist movement, pointing out that the Sadrists made up 73 seats and had a great and strong weight, both inside and outside Parliament.

He stressed that there is no specific date for the parliament's sessions, adding that we hope that a political agreement will be reached in order to set a road map and to resume the parliament's sessions.

Members of the coordination framework are deliberating that there is an agreement with Parliament Speaker Muhammad al-Halbousi to hold a session to elect the president of the republic and assign framework candidate Muhammad al-Sudani to form a government.   LINK

Macron Announces His Support For Al-Kazemi's Initiative For Dialogue And Urges The Iraqi Forces To Communicate

Shafaq News/ French President Emmanuel Macron announced on Wednesday his support for Iraqi Prime Minister Mustafa Al-Kazemi's initiative for dialogue to resolve the current political crisis.

This came during a meeting between Macron and Al-Kazemi, within the framework of Al-Kazemi's bilateral meetings on the sidelines of his participation in the United Nations General Assembly meetings held in New York, according to a statement received by Shafaq News Agency.

The meeting discussed bilateral relations between the two friendly countries and ways of developing them in various fields and levels, as well as a number of regional and international issues and files of common interest.

The meeting dealt with prospects of joint cooperation between the two countries in the fields of security and combating terrorism, and the emphasis on strengthening economic cooperation in various fields, foremost of which are energy, renewable energy, and investment.

The meeting discussed the necessity of preparing for the holding of the Baghdad 2 Conference for Cooperation and Partnership, as well as Iraq's prominent role in the region and its efforts to enhance security in it through a policy of calm and convergence of views, in a way that enhances the stability of Iraq and the region and the prosperity of its peoples.

The meeting also witnessed a discussion of Al-Kazemi's efforts to find outlets to solve the current political crisis, and the national dialogue initiative, for which the French president expressed his support, stressing the need to urge Iraqi political forces towards communication and dialogue within the political process and the auspices of the constitution, according to the statement.    LINK

“Extension”: We Will Not Participate In A Partisan Government Formed By The Coordination Framework

Shafaq News/ The "Extension" parliamentary bloc confirmed, on Wednesday, that it will not participate in any "partisan" government that it intends to form the comprehensive coordinating framework for Shiite forces, with the exception of the Sadrist movement, while noting that the consensus government is the one who destroyed Iraq.

The head of the bloc, Haider al-Salami, told Shafaq News Agency, "The extension movement opposes any quota or partisan government, and any government that will be formed by the coordination framework, we will not participate in it, because it is the quota governments that destroyed the country."

He added, "If there is an intention to form an independent government, its features appear in the government program. If it is acceptable, we will support this program with our role in the opposition and the government's control over the implementation of the program."

Yesterday, Tuesday, the candidate for the coordination framework to head the next government, Muhammad Shiaa Al-Sudani, met with a number of deputies in the parliament building to explain his government program.

Al-Sudani's 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, stand on the latest political developments, exchange ideas, visions and proposals regarding the ministerial program and the relationship that should be between Parliament and the government." ".

After the meeting, a well-informed political source said that the "Extension" movement is considering the dismissal of one of its deputies in Parliament because of his attendance at the meeting of the coordination framework candidate to head the next government, Muhammad Shiaa al-Sudani.

The source told Shafaq News Agency, "Extension is studying the dismissal of Representative Hamid Al-Shiblawi from its membership, against the background of his attendance at the joint deliberative meeting that was held today inside the parliament building for a group of deputies with the candidate of the coordination framework for the prime minister, Muhammad Shiaa Al-Sudani."   LINK

The Iranian President Confirms His Support For The Formation Of A Stable Iraqi Government And Praises Al-Kazemi

Shafaq News/ The Iraqi Prime Minister, Mustafa Al-Kazemi 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 enhance them, and discussed the most prominent regional issues of common interest.

This came according to a statement issued by Al-Kazemi's media office, which was received by Shafak News Agency, adding that the meeting touched on Iraq's prominent role in achieving the security and stability of the region, 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.

The two sides stressed, according to the statement, 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 speed up work on the agreement concluded between the two countries on addressing climate challenges that the whole world is witnessing.

President 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.   LINK

Will The Next Parliament Session Witness The Return Of The Sadrists?

Political | 01:08 - 09/22/2022   Special - Mawazine News, today, Thursday, legal expert Ali Al-Tamimi revealed the possibility of the Sadrist movement's deputies returning after the Federal Court's decision on the 28th next.

Al-Tamimi said in an exclusive interview with “Mawazine News” that “it is not possible to speculate on the decisions of the Federal Court at all, and that there are a number of legal possibilities that may result from the matter,” noting that “if the Federal Court decides to reject the case, all matters are considered finished in this file.” ".

He added, "If the court decides that the resignation should be voted on, Parliament must do so, and here the matter must be presented to Parliament for a vote, and if the vote is taken, the resignations are accepted while retaining the new representatives."

He continued, "If the resigning representatives refuse to return to Parliament even after the decision of the Federal Court without voting on the resignation, here they remain as members of Parliament." Ended 29 / M 99 https://www.mawazin.net/Details.aspx?jimare=206167

Parliamentary Extension: We Support Moving Towards Early Elections

409   The parliamentary extension bloc confirmed, let it move towards early elections.

The head of the bloc, Representative Haider Al-Salami, said in a press statement that “the extension movement presented, during the previous period, an initiative to form an emergency government, or to form an interim government that would prepare for early elections and pass important legislation legislation that affects the lives of citizens, the most important of which is the general budget law.”

Al-Salami added: “We support the move towards early elections, whether according to the current election law or an amended law that guarantees the integrity of the voters’ votes and not in the interest of political parties and forces.”

He explained that "the current election law is an acceptable law, and it can achieve better results if the groups of the people contribute to raising the percentage of participation in the general suffrage, and thus the arrival of the largest number of independent figures to change the equation within Parliament."   LINK

Al-Fateh The Reason For Not Holding The Parliament Session Is Due To The Absence Of Agreement On The Presidential Candidate

Today, Thursday, Fadel Jaber, a member of the Al-Fateh Alliance, confirmed that the Kurds' failure to resolve the file of the Presidency of the Republic will delay the convening of the parliament session.

Jaber said in a press statement that "the two Kurdish parties, until this moment, have not resolved the issue of the presidency, as the Kurdistan Democratic Party adheres to its candidate, Riber Ahmed, and the Patriotic Union of Kurdistan adheres to its candidate, Barham Salih."

He added, "The failure of the Kurds to resolve the file of the Presidency of the Republic will delay the convening of the parliament session dedicated to choosing the President of the Republic, and this matter is not in the interest of the country."

He continued, "It is clear that there is no real desire by the political blocs to get out of the crisis, because there is no acceleration in understandings, resolving outstanding issues between the parties, and taking decisions quickly, whether with regard to setting a date for Al-Sadr's visit or announcing the date of the parliament session."   LINK

Deputy: Al-Sudani Raised 3 Issues During His Meeting In Parliament

The deputy of the State of Law coalition, Muhammad Al-Shammari, confirmed, on Wednesday, that the coordination framework has about 180 deputies in order to pass his candidate, Muhammad Shia Al-Sudani, to head the government, indicating that the meeting with Al-Sudani came to present his government program.

Al-Shammari said in a televised interview, "The meeting with Al-Sudani came to present his government program, and the audience represented all political blocs."

He added that "Al-Sudani touched on three main issues: services, water, and the economy, and the meeting was legislative, and he did not talk about the political crisis at all."

He pointed out that "Al-Sudani's initiative to attend parliament did not occur in previous sessions," noting that the framework is coherent despite attempts to dismantle it, and he did not completely close the doors of dialogue with the current despite his possession of more than 180 deputies, but he adheres to consensus with everyone.   LINK

Iraq And The UAE Discuss Strengthening Relations And Developments In The Arab Region

Policy   2022-09-22 | 05:46  281 views   The statement indicated that "Abdullah bin Zayed reiterated his support for security and stability." Iraq We always strive to increase the volume of cooperation with Iraq We will contribute to reconstruction, construction, and increased investment by Iraq".   LINK

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Thursday Afternoon Iraq Parliament News Highlights 9-22-22

.Thursday Afternoon Iraq Parliament News Highlights 9-22-22

Iraq To The US Envoy On Iran: We Pursue The Principle Of De-Escalation

Political | 05:29 - 09/21/2022 Baghdad - Mawazine News Foreign Minister Fouad Hussein met, on Wednesday, with the US special envoy for Iran, Robert Malley, on the sidelines of the 77th session of the United Nations General Assembly, held in New York.

A Foreign Ministry statement received by Mawazine News stated that during the meeting, they discussed the political and security developments in the region and their repercussions, the reality of US-Iranian relations, and ways to activate the exploratory dialogues that took place previously, and they touched upon the ongoing negotiations in Vienna and the five + one countries.

Thursday Afternoon Iraq Parliament News Highlights 9-22-22

Iraq To The US Envoy On Iran: We Pursue The Principle Of De-Escalation

Political | 05:29 - 09/21/2022   Baghdad - Mawazine News  Foreign Minister Fouad Hussein met, on Wednesday, with the US special envoy for Iran, Robert Malley, on the sidelines of the 77th session of the United Nations General Assembly, held in New York.

A Foreign Ministry statement received by Mawazine News stated that during the meeting, they discussed the political and security developments in the region and their repercussions, the reality of US-Iranian relations, and ways to activate the exploratory dialogues that took place previously, and they touched upon the ongoing negotiations in Vienna and the five + one countries.

The Minister stressed the importance of enhancing stability and introducing coordination opportunities and mechanisms, especially since Iraq follows the principle of de-escalation and the consequent interests of all parties, and what is reflected on security and peace in the neighborhood of Iraq and the region.

Al-Halbousi's First Deputy Is Confined To The Framework... And The For his part, Robert Malley stressed the importance of adhering to the proper course of talks, expressing his thanks for the role played by Iraq in this field. https://www.mawazin.net/Details.aspx?jimare=206105

Honest Ones Reveal The Closest To The Position

Political | 04:56 - 09/21/2022   Exclusive - Mawazine News   The Al-Sadiquon Parliamentary Bloc disclosed, on Wednesday, the names proposed to occupy the position of First Deputy Speaker of Parliament, to succeed the resigned Hakim Al-Zamili.

The deputy from the Sadiqoun bloc, Ali Turki, said in an exclusive interview with the Mawazine News Agency, that there is a possibility of naming the first deputy speaker of the House of Representatives from among the independents.

Turki added that the coordinating framework has finished naming his candidate for prime minister and announced it, and that he is now discussing the nomination of the first deputy speaker of parliament, whether he is one of the independents affiliated with the framework or one of its other members.

He added that the strength of the personality of the candidate for the position is very important, and so far it has not been resolved, as there are names such as "Ahmed al-Asadi" and other deputies that are still in the process of discussion.

It is noteworthy that the position of First Deputy Speaker of Parliament was occupied by Hakim Al-Zamili, a member of the Sadrist Parliamentary Bloc who resigned. Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=206102

The Democratic Party And The Union Confirm Progress In The Presidential Negotiations

Posted On2022-09-22 By Sotaliraq    Baghdad/ Firas Adnan   The two parties, the Kurdistan Democratic Party and the Patriotic Union of Kurdistan, reported the continuation of their dialogues regarding the position of the President of the Republic, expressing their hope to reach a common candidate, pointing out that the discussions have reached advanced stages and include all topics of one concern such as the file of elections and the presidency of the Kurdistan region and Kirkuk governorate.

A member of the Kurdistan Democratic Party, Ali Al-Faili, said that "the negotiations with the Patriotic Union of Kurdistan are discussing several files."

Al-Faili added that "one of the files is the issue of electing the president of the republic, in addition to other issues related to the province of Kirkuk, the parliamentary elections in the Kurdistan region, and the presidency of the region."

He pointed out, "These files are related to each other, and therefore there is a possibility to offer flexibility on one axis for the sake of another axis."

Al-Faili pointed out that "the dialogues over the position of President of the Republic have made great progress, since the first meeting that took place a month ago, when the leader of the Kurdistan Democratic Party, Massoud Barzani, received the President of the Patriotic Union of Kurdistan, Bafel Talabani, there was an understanding on broad lines."

He explained, "This meeting was followed by an expanded meeting between the political bureaus of the two parties headed by Nechirvan Barzani and Bafel Talabani."

Al-Faili stressed that "the last meeting took place two days ago, when Masoud Barzani received in his office Bafel Talabani again, and all these meetings have witnessed great progress in the file of the candidate for the post of President of the Republic."

He stressed, "The two parties are not in a hurry to nominate the President of the Republic, as they want to become a catalyst in creating the ideal atmosphere for the next government."

Al-Faili went on to say that “the government is facing great challenges, so before proceeding with them and electing the President of the Republic, there should be a national dialogue that includes everyone that will produce positive results and reassurances, especially for the Sadrist movement, in order to make the current stage a success.”

For his part, a member of the Patriotic Union of Kurdistan, Burhan Sheikh Raouf, said that "dialogues are continuing with the Kurdistan Democratic Party on all controversial points, most notably the issue of the candidate for the president of the republic."

Sheikh Raouf added, "Those consultations have not reached a final agreement until the present time, but they are continuing to reach an independent candidate."

He pointed out that "the two parties, in the event that they do not reach an agreement on the position of the President of the Republic, will enter the election session, each with its candidate."

Sheikh Raouf explained that "the two parties are keen to reach an agreement, and they have confirmed the continuation of dialogues and communication, in the hope that we will reach a common candidate, and we are making all efforts to achieve this goal.

The Patriotic Union of Kurdistan is seeking to renew confidence once again in the President of the Republic, Barham Salih, while the Kurdistan Democratic Party nominated Reber Ahmed Khaled for the position.

The constitution stipulates that the President of the Republic, within 15 days of his election, assigns the candidate of the most numerous bloc to form the new government.    LINK

Observers Suggest A Second Term For Al-Kazemi After His Visit To New York Ended

Posted On2022-09-22 By Sotaliraq   Baghdad / Hussein Hatem   Observers believe that Prime Minister Mustafa Al-Kazemi's participation in the United Nations General Assembly is heading towards two tracks, the first is an attempt to find a solution to the current political crisis, and the second is to secure international support for the second term.

Al-Kazemi, who had previously sponsored during the past month two sessions of the national dialogue in which all political forces in Iraq participated with the exception of the Sadrist movement, reiterated on the eve of his departure from Baghdad to New York, on Monday evening, the call for a quiet dialogue, and listed in a statement what his government had done in terms of foreign files He said:

"Over the past two years, we have worked to establish the best relations with our neighbors and with the international community, and we have raised the level of Iraq's presence in international forums, and we have strengthened cooperation and partnership with everyone; Which will reflect positively on the interests of our people at all levels.”

Al-Kazemi added that "the government's experience confirmed Iraq's ability to play an important role in stabilizing the region, and to be an arena for bringing everyone's views closer, and this is an approach that must take its extent at all levels."

On the sidelines of the United Nations General Assembly in New York, he met with Spanish Prime Minister Pedro Sanchez, King Abdullah II of Jordan, Austrian Chancellor Karl Nehammer, Iranian President Ibrahim Raisi, and Lebanese Prime Minister Najib Mikati. Professor of political science, Amer Hassan Al-Fayyad, said in an interview with (Al-Mada), that "there are undeniable relations between Iraq and the United States of America," noting that "Iraq is suffering from difficulty after the October 2021 elections."

He explained, "The outputs of Al-Kazemi's visit are supposed to lead to a solution to the current political crisis, through rapprochement between countries." Al-Fayyadh indicated that "any government visit outside Iraq will focus on the blockage crisis and will be the subject of discussion or discussion."

The professor of political science hopes that "Al-Kazemi's visit and his meeting with regional and international parties will have outcomes to resolve the political crisis." For his part, the researcher in political affairs, Ali Al-Baydar, said in an interview with (Al-Mada), that “Al-Kazemi wanted to impose himself as a representative of Iraq instead of the President of the Republic, and to show the image of Iraq and the struggles it is going through before the whole world without impartiality.”

Al-Baydar added, "Al-Kazemi seeks to inform the countries with influence in the region about the political crisis in Iraq."

And the researcher in political affairs continued, "Iraq may witness the internationalization of the issue and reach the stage of numbing the crisis following Al-Kazemi's visit, but the crisis is very complex and needs a gradual solution." Al-Baydar pointed out that “the political scene does not tolerate further escalation, and is heading towards narrow options due to some parties that are trying to impose certain wills.”

Al-Baydar pointed out, "Al-Kazemi's going to New York is a good option, as it includes the intervention of long parties to solve Iraq's political crisis."

In turn, the professor of international relations, Tariq Al-Zubaidi, said in an interview with (Al-Mada), that "Al-Kazemi's visit in reality is a protocol visit, as he went as a representative of Iraq." Al-Zubaidi added, "The next stage will see the coordinating framework forced to replace its candidate with another independent figure."

And the professor of international relations added, "To avoid provocations, an independent personality must be presented, away from the Sadrist movement and the coordination framework for the position of prime minister."

For her part, researcher in political and social affairs Lina Al-Moussawi said in an interview with (Al-Mada), that “Al-Kazemi’s visit to the United States coincides with two important internal events: the first is the political crisis inside Iraq, which reached armed confrontations between the two competing parties, a party trying to form a government and a party Another has left politics but still refuses to continue the current political players themselves.”

And she continued, "The second event is the approaching date of the anniversary of the October protests, which the political parties have become afraid of due to the politicization of the demonstrations at a later time in their occurrence and their use as pressure cards against each other."

Al-Moussawi added, "Al-Kazemi carried with him three files that he will present in New York on the sidelines of the General Assembly meeting," noting that "the first file is to guarantee his second term, taking into account the American-Iranian consensus after the meeting that took place between Al-Kazemi and Raisi on his person after the internal parties agreed implicitly. Ali Mustafa Al-Kazemi as prime minister for a second term. The researcher added, "The second file is the security aspect of American support to combat terrorism in Iraq."

Al-Moussawi indicated, "The third file is the economic aspect, through which Al-Kazemi will try to have Iraq compensate for the shortfall in oil supplies after the Russian-Ukrainian war."

Al-Moussawi expected, "Al-Kazemi's success in assuming a second round, accompanied by many threats from the political players," noting that "Al-Kazemi is trying to please all the different parties among themselves, and this is a difficult matter that cannot continue for 4 more years."   LINK

Al-Maliki's Team Widens The Circle Of Division Within The "Framework" By Insisting On "Provocation".

Posted On2022-09-22 By Sotaliraq   Translation: Hamed Ahmed   The report saw the widening of the division within the coordination framework regarding how to deal with the demands of the Sadrist movement's leader Muqtada al-Sadr, noting that the internal dispute was exacerbating before the date of a decisive meeting to resolve the political impasse that lasted for months to form a new government.

A report by (The National) news website, translated by Al-Mada, stated that "the leader of the Sadrist movement, Muqtada al-Sadr, had withdrawn members of his movement from the national political scene after a bitter struggle with the Coordination Framework Alliance, which suffered heavy losses in last year's elections."

The report added, "Al-Sadr currently wants to dissolve parliament and has proposed keeping the Prime Minister of Business Conduct, Mustafa Al-Kazemi, and the President of the Republic, Barham Salih, in their positions to oversee a second round of early elections."

He pointed out that "the dispute over forming a government led to massive protests and armed clashes, and nearly a year has passed and the country has failed to form a new government because of the competing parties."

The report pointed out that "the Sadrists, despite winning 73 seats in the 329-seat parliament, failed to form a national majority government with Sunni and Kurdish allies."

He noted that "Al-Sadr wanted to remove his opponents who seek a consensual government through which they can preserve the gains or restore their control over the ministries."

And he stressed, “The leader of the Sadrist movement, and being unable to convert the election gains into forming a government, has since June used to send shock waves across the Iraqi political scene. session".

The report stressed that "analysts say that even if there are new elections, it will further deepen the gap of people's confidence in the country's political situation."

He reported that «three politicians, who asked not to be named, said that the leaders of the coordination framework failed to reach an agreement on how to meet Al-Sadr's demands before a planned meeting with him this month».

The report continued, "The politicians said that the senior leaders of the framework, Hadi al-Amiri, and the former prime minister, Haider al-Abadi, in addition to a few other members, are pushing to replace the framework's candidate for the position of prime minister, Muhammad Shia al-Sudani, who is rejected by al-Sadr."

These politicians are quoted as saying that “the leaders of the aforementioned framework are proposing between keeping Al-Kazemi in his position as Al-Sadr desires to do so, or supporting the candidacy of National Security Adviser Qassem Al-Araji.”

The politicians added, "This proposal was met with a strong rejection by former Prime Minister Nuri al-Maliki and the leader of the Asa'ib Ahl al-Haq movement, Qais al-Khazali."

One of the politicians who attended the framework meeting, which was held on Saturday, said, “There is a party in the framework that seeks to find solutions to get out of the crisis, while the other party insists on provoking al-Sadr even if this leads to clashes with him again. We have seen how stubbornness led us to into chaos, from which blood spilled in the streets.”

While another politician indicated, "This does not mean that this party supports Al-Kazemi as a person, but it is one of the ways to provide solutions to relieve tension."

The victory coalition led by Haider al-Abadi announced last Monday its support for efforts to end the crisis, and the statement stated, "Regardless of the name of the candidate for the position of prime minister, al-Abadi's initiatives always emphasize choosing the right path to resolving the crisis, and the most important point is that all political parties must They agree on a roadmap to end the political blockage.”

The statement called for a "constitutional and political settlement to pave the way for early elections in order to restore legitimacy to the political process."

And the report stated, "Al-Kazemi, before leaving for New York to participate in the session of the United Nations General Assembly at its 77th session, stressed in a statement the government's achievements in establishing the best relations with neighboring countries and the international community."

The report quoted Al-Kazemi as "describing the current political crisis as difficult, noting that the doors to the solution are still open, and this requires a calm and frank dialogue that puts the interest of Iraq and its people above all."

The report went on to say, "The current ongoing crisis is the longest that the country has witnessed since the change of the previous regime in 2003, threatening stability and raising the possibility of the country being drawn into a civil war while it is still recovering from the consequences of decades of wars and crises." About (The National) news site  LINK

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Thursday Afternoon Iraq Economic News Highlights 9-22-22

.Thursday Afternoon Iraq Economic News Highlights 9-22-22

Finance Reveals The Size Of Government Expenditures From The Beginning Of 2022 Until Last July

Money and business Economy News-Baghdad The Ministry of Finance announced the volume of its spending since the beginning of the year until last July, which amounted to 58.2 trillion dinars .

The ministry said in a report published on its website and seen by "Economy News", that "the total budget amounted to 58.2 trillion dinars, divided into 53.7 trillion dinars as a current budget and 4.4 trillion dinars as an investment budget ."

She added that the spending of the Ministry of Finance is the highest with 18.3 trillion dinars, then the Council of Ministers with 4.1 trillion dinars, and then the Ministry of Defense with 3.9 trillion dinars .

Thursday Afternoon Iraq Economic News Highlights 9-22-22

Finance Reveals The Size Of Government Expenditures From The Beginning Of 2022 Until Last July

Money and business   Economy News-Baghdad  The Ministry of Finance announced the volume of its spending since the beginning of the year until last July, which amounted to 58.2 trillion dinars .

The ministry said in a report published on its website and seen by "Economy News", that "the total budget amounted to 58.2 trillion dinars, divided into 53.7 trillion dinars as a current budget and 4.4 trillion dinars as an investment budget ."

She added that the spending of the Ministry of Finance is the highest with 18.3 trillion dinars, then the Council of Ministers with 4.1 trillion dinars, and then the Ministry of Defense with 3.9 trillion dinars .

She stressed that "the salaries of employees in current expenditures amounted to 25.19 trillion dinars, while in special programs they amounted to 5.4 trillion dinars ."

She noted that "non-oil revenues constituted 4% of the total revenues and represented 3.5 trillion dinars ."

24 . views   Added 09/22/22 - 12:11 PM   Update 09/22/22 2022 - 1:11 PM

https://economy-news.net/content.php?id=29838

France's Total Refuses To Complete A $27 Billion Contract With The National Oil Company

Energy    Economy News-Baghdad  The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company .

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company .”

He added, "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement !"   37 . views   Added 09/22/2022 - 12:06 PM   Update 09/22/22 - 1:15 PM

https://economy-news.net/content.php?id=29837

Labor Announces The Formation Of A Joint Team With International Support To Organize The Work Of The Private Sector

Money and business   Economy News-Baghdad   Today, Thursday, the Ministry of Labor and Social Affairs confirmed its progress in preparing the national policy to organize the Iraqi labor market, and announced the formation of a joint team to organize the work of the private sector .

The Director General of the Department of Labor and Vocational Training in the Ministry, Raed Jabbar Nahed, told the Iraqi News Agency (INA), that "there is a decision of the Council of Ministers that set the proportion of local employment at 50% compared to 50% of foreign labor," noting that "the Ministry of Labor has taken several measures regarding Foreign companies, public companies and private sector companies that violate this percentage through the inspection body of the ministry, and the violators are referred to the labor court for labor issues .”

And regarding the organization of the Iraqi labor market, Nahed stressed that "the ministry is working on preparing the national policy for employment and vocational training to organize the Iraqi labor market," expressing his hope that "work on this policy will begin at the end of this year ."

And he continued, "A working group was formed headed by the Ministry of Labor and a group of labor organizations experts and (NG) or with the support of the international organization, and this policy regulates work in the private sector," noting that "the ministry is implementing the effective labor law that coordinates the relationship between the worker and the owner." work ."

The Ministry of Labor and Social Affairs had announced earlier that most of the foreign workers in Iraq were illegal, while indicating that 100,000 permits had been granted to foreign workers since 2012 . Today, Thursday, the Ministry of Labor and Social Affairs confirmed its progress in preparing the national policy to organize the Iraqi labor market, and announced the formation of a joint team to organize the work of the private sector .

The Director General of the Department of Labor and Vocational Training in the Ministry, Raed Jabbar Nahed, told the Iraqi News Agency (INA), that "there is a decision of the Council of Ministers that set the proportion of local employment at 50% compared to 50% of foreign labor," noting that "the Ministry of Labor has taken several measures regarding Foreign companies, public companies and private sector companies that violate this percentage through the inspection body of the ministry, and the violators are referred to the labor court for labor issues .”

And regarding the organization of the Iraqi labor market, Nahed stressed that "the ministry is working on preparing the national policy for employment and vocational training to organize the Iraqi labor market," expressing his hope that "work on this policy will begin at the end of this year ."

And he continued, "A working group was formed headed by the Ministry of Labor and a group of labor organizations experts and (NG) or with the support of the international organization, and this policy regulates work in the private sector," noting that "the ministry is implementing the effective labor law that coordinates the relationship between the worker and the owner." work ."

The Ministry of Labor and Social Affairs had announced earlier that most of the foreign workers in Iraq were illegal, while indicating that 100,000 permits had been granted to foreign workers since 2012 .

18 . views   Added 09/22/2022 - 12:00 PM   Update 09/22/22 2022 - 1:17 PM

https://economy-news.net/content.php?id=29836

Some Political Forces Disrupt The Project For The Benefit Of Countries.. Warnings Of The Extinction Of The Port Of Faw

Reports   Economy News-Baghdad   A high-ranking official in the Ministry of Transport confirmed that the completion rates of the projects of the Grand Faw Port amounted to 25%, and revealed that the initial designs for the dry canal linking it with the Turkish ports are nearing completion .

The Director General of the General Company for Ports, Farhan Al-Fartousi, said, "The financial allocations are good and cover the port's work for the next year, and that there is support from the Ministry of Planning and the Ministry of Finance with direct support from the Minister of Transport and government follow-up to the project ."

Al-Fartousi added, according to a statement issued by the Ministry of Transport, received by (Al-Mada), that "the Directorate will soon give indications of the completion of the initial designs for the Iraqi Dry Canal or the Iraq Silk Road, which connects the port of Faw to the Turkish ports ."

Al-Fartousi pointed out that "there is a discussion with the General Company for Iraq Railways and BEG about these designs ."

He explained, "All the works are linked with each other and are proceeding at a clear and strategic pace, whether in the implementation of the Faw port projects or the implementation of the Dry Canal or the Iraq Silk Road ."

Al-Fartousi went on to say that "the completion rate is very high in the Faw port projects and exceeds 25 percent, despite the fact that the project is nine months old out of four years, which is the period of its completion ."

And the deputy from Basra, Zahra Al-Bajari, warned of the suspension of work in the great port of Al-Faw due to the continued disruption of parliamentary sessions and the failure to approve the budget. Al-Bajari said that "the allocations for completing work in the port of Al-Faw from the budget exclusively, as it is one of Iraq's strategic projects, and the failure to approve the general budget will lead to the suspension of work and the departure of companies operating in it now ."

She added, "Iraq is in dire need to complete the port, because it will bring about a qualitative leap in the Iraqi economy through the large financial returns that Iraq will earn." Former Basra MP, Wael Abdel Latif, said in a previous interview with (Al-Mada) that "the great port of Faw was planned in 1985, because Iraq was preoccupied at that time with the war with Iran, and then it was postponed ."

Abdel Latif added, "A complete investment file was submitted in 2003 when I was the governor of Basra from a British company, with an Egyptian firm." He pointed out, "The local administration at that time wanted to give Basra a project worthy of it, and that was the great port of Faw ."

Abdel-Latif stressed, "This project has been punished by a number of heads of government, none of them have taken a decision on it as if the issue did not concern them ."

And he noted, "Some political forces are disrupting the great port of Faw in favor of the Kuwaiti side, Iran, the Emirates or Egypt ."

Abdul Latif finds that "these politicians prefer these countries to the interests of Iraq," noting that "it was intentionally disrupted since 2003 until the present time ."

He believed, "With the continued presence of these effective and influential political forces, the Faw port will not be completed, especially after it was reduced from 108 berths to 90 berths, and the rest of it has not been accomplished ."

Abdul Latif continues, “The competent authorities have been preoccupied with the breaking waves that neither advance nor delay, as if the one who wants to build a house starts it with the fence, and does not lay the foundation for it .”

Abdel Latif concluded, “The Ministry of Transport, whose formations are considered five ministries, has been run by personalities who have nothing to do with it, and this had a clear impact on the failure to complete the Faw port .”    26 . views   Added 09/22/2022 - 9:52 AM   Update 09/22/22 2022 - 1:08 PM

https://economy-news.net/content.php?id=29833

The World Bank: The Annual Food Inflation In Iraq Reached 6.4%.. Expert: It Is Not Alarming

2022-09-22 05:22  Shafaq News/ The World Bank announced that the annual food inflation in Iraq amounted to 6.4% between May and August of 2022, while an economist considered that this is not alarming.

The bank said in a report seen by Shafak News Agency that "domestic food price inflation is still high in various parts of the world, and information for the period between May and August 2022 shows high inflation rates in almost all low- and middle-income countries," noting that “According to the mid-year update of the Global Report on Food Crises 2022, the number of people suffering from a food crisis or malnutrition is expected to reach 205.1 million people in 45 of the 53 countries/territories.”

He added that "the annual inflation of food in Iraq amounted to 6.45% between the months of May and August of the current year 2022," noting that "this inflation is considered relatively high in relation to global inflation indicators."

The World Bank also indicated in its report that “the annual food inflation in Kuwait reached 7.75%, in Saudi Arabia 3.9%, in Lebanon 240%, in Oman 6.09%, in Jordan 3.8%, in Egypt 23.1%, in Algeria 17.3%, and in Morocco 12.4 %.

The report noted that "the highest food inflation witnessed by countries was in Lebanon, followed by Turkey 90.25%, followed by Iran 81.2%, followed by Argentina 66.35%, and then Ethiopia 35.5%."

For his part, the economic expert, Muhammad Al-Hasani, considered in an interview with Shafaq News that "the rates of food inflation in Iraq are not terrifying, but at the same time it puts unhealthy indicators in the Iraqi economy," attributing the cause to Iraq's "rentier" economy.

And he indicated that "the war in Ukraine has significantly raised the prices of foodstuffs globally, especially the basic ones, and the deterioration of the agricultural situation in Iraq and its dependence on imports to meet its domestic needs of foodstuffs has led to a rise in the inflation index of food prices," adding that "the government has She rushed to provide the ration card during this period, which greatly limited this rise.”

He pointed out that "the months of August and September decreased food prices globally, which was reflected on Iraq, but these prices remain much higher than the prices of last year."   LINK

Hamid Awad: Iraq's Industrial Cities Reduce Random Import And Unemployment

Arab economy   Baghdad   Hossam Muhammad Ali   September 22 2022

Hamed Awad during the interview (The New Arab)

Iraq has witnessed official moves towards the establishment of industrial cities, the aim of which, according to the director of the Industrial Cities Authority Hamid Awad, in an interview with Al-Araby Al-Jadeed, is to encourage the local product and make it competitive with the importer and provide job opportunities to absorb unemployment.

He added that the industrial cities are vital projects to enhance the country's economy in terms of supporting the local product, reducing its production costs, improving its quality and making it competitive with the importer, as well as limiting random import because the local product will be more desirable. Work in the provinces. Below is the text of the interview:

- During the past two years, the government has officially adopted the announcement of projects for the establishment of industrial cities. How far have these projects reached? After the issuance of the Industrial Cities Law No. 2 of 2019, the real work of establishing them began, followed by activating the role of the authorities during the second half of 2020, and then a directive from the Board of Directors represented by the Minister of Industry to resolve the issue of these cities, which were implemented according to the investment budgets allocated to the Ministry in the past and were not completed.

It was represented in several industrial cities in Anbar, Basra, Najaf and Dhi Qar, and the latter entered into operation after the completion of the first phase, which included 105 factories, 60% of which were distributed to beneficiaries in the governorate in coordination with the sectoral departments in it through joint committees with us.

Arab Economy

Smuggling Of Hard Currency Threatens The Iraqi Industry

As for the Najaf Industrial City, it will be environmentally friendly in its activity, with a construction cost of up to 60 million dollars and a completion period of two years, and it will be implemented on an area of​​6,000 acres and with 20 different factories.

There are also factories for carpentry, aluminum, electricity pipes, water drainage, the production of cassettes (tiles) and blocks (concrete bricks), and a factory for the production of heat-insulated ceilings and pillars of concrete bridges. As for Basra Industrial City, it was granted a license to invest and went into effect at a cost of 15 billion and 400 million dinars ($10.5 million). .

It is hoped that it will witness the construction of 7 factories specialized in the production of asphalt, concrete, paving stones and other industries. With regard to Anbar Industrial City, we have completed the first phase of it, and the completion rate in the second phase has reached 95%, and it will be a model industrial city.

- What about the cities of Wasit for industry and Karbala for petrochemical industries?

We announced an industrial city in Karbala for the petrochemical and engineering industries on an area of ​​5,300 dunums, which it is hoped will provide 5,000 job opportunities. two other cities; The first is in Maysan, which we have completed all approvals, and the second is a food and pharmaceutical industrial city in Nineveh.

We have a project to establish an industrial city in Wasit on an area of ​​5,000 acres, which will contribute to providing 4,500 job opportunities for the people of the province in various industrial and commercial fields. suitable and stable, and its wealth in the fields of energy, agriculture, minerals, soil, as well as livestock.

We have industrial cities in other governorates waiting to be prepared after obtaining the financial allocations required to put them up as development contracts, and we receive investment requests from developers (investors or investment companies), and we expect to start reaping the fruits of these industrial cities in 2025.

- What are the state's gains from these cities? Are the privileges granted to investors sufficient?

The industrial cities are vital projects to enhance the country’s economy in terms of supporting the local product, reducing its production costs, improving its quality and making it competitive with the importer, as well as limiting random import because the local product will be more desirable, and these investments will provide a lot of job opportunities that will reduce the rates of the unemployed. in the provinces.

These cities were implemented through the Ministry of Industry and managed by the resident engineer department in the ministry. Most of the beneficiaries are people from the same governorates, and we, in turn, have prepared the infrastructure for them to help them produce, in addition to many facilities that will increase their profits and reduce costs.

- How serious are the military industrial cities that have been recently leaked, and for whom?

Planned cities will not stop at the limits of civilian production. According to the economic feasibility study prepared by the ministry, the factories of these cities will produce the food, pharmaceutical, medical, construction and mechanical industries, and the work will generally be summarized in light and medium industries.

The projects of the industrial cities do not depend on these aspects. Rather, we have a request submitted by the Military Industrialization Authority to establish a city specialized in military industries on the land belonging to the Hittin factory in Babylon, which used to produce ammunition and mortars in the past, and we are working to be the first city specialized in military industries.

Arab Economy

Is The "White Paper" Behind The Recovery Of The Iraqi Economy Or Oil?

- What about the joint industrial cities with Jordan, Egypt and other countries, and where will they be established?

We have completed the approvals for the Iraqi-Jordanian Economic City, which was agreed upon during the Iraq-Jordan Summit between former Prime Minister Adel Abdul-Mahdi and his Jordanian counterpart Omar Al-Razzaz in February 2019. Its area is 4800 dunums, half of it in Iraq and the other in Jordan, and working in it according to the Iraqi Council of Ministers Resolution No. 75 of 2019 concerning this city.

Cooperation took place between the Iraqi Industrial Cities Authority and the Iraqi-Jordanian Joint Company to study the technical and economic feasibility of the project after determining its requirements and estimated costs. It will be implemented under a joint administration and facilities will be provided for the private industries of the two countries. The Egyptian side has a desire to enter this area, but the issue as a first stage will be implemented in coordination between Baghdad and Amman.

The Ministry of Industry held a series of meetings last August to overcome all obstacles and facilitate all requirements for the implementation of the city project with Jordan, and the fact that the greatest benefit from this city is that it will allow Iraq to export its products to the European Union through Jordan by investing in a free trade agreement between the Kingdom and the Union, and also The city will provide more than 100,000 job opportunities equally between the two sides.

- There are requests from neighboring countries to establish joint industrial cities.. Please shed light on them? What are the main obstacles in this regard?

All neighboring countries have a desire to establish industrial cities with Iraq, and we have received invitations and official requests in this regard from Saudi Arabia, Kuwait, Turkey, Iran and Syria.

Frankly, what hinders implementation is an Iraqi problem related to deciding the allocation of the required land for each industrial city because of the bureaucratic procedures, and currently we are communicating with the provinces that have borders with those countries to end the matter.\   LINK

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MilitiaMan Thursday PM "This Is HUGE" 9-22-2022

.KTFA:

Samson: France's Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

KTFA:

Samson:  France's Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

He added, "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement  LINK

MilitiaMan:  This is huge. They refuse the deal with the NOC (National oil company) . They cut a deal instead with MOO (Minister of Oil) .. They have the Total Deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon post 3:00pm  EST... imo ~ MM

~~~~~~~~~~~~~~~

Samson:  Sources: an arrest warrant against the son of the Minister of Oil, because of the commissions in the National Oil Company

22nd September, 2022

Informed sources revealed, Thursday, 22/09/2022, the issuance of an arrest warrant against Mortada Ihsan Abdul-Jabbar, son of the Minister of Oil.

The sources said that the arrest warrant against the son of the oil minister was issued by the National Oil Company.

The Federal Court had decided, earlier, to cancel the assignment of Ihsan Abdul-Jabbar with the tasks of managing the National Oil Company.

The Karkh Investigation Court, which is specialized in integrity issues, also issued an order to bring in Oil Minister Ihsan Abdul-Jabbar, one of the ministry's undersecretaries and two general managers.

The court said in a statement that it decided to bring in the Minister of Oil, Ihsan Abdul-Jabbar, one of the ministry’s undersecretaries and two general managers, in accordance with the provisions of Article 316 BC, against the background of exploiting their jobs and unlawfully seizing the plot of land numbered 7/68, Al-Daoudi District 20, owned by the Central Oil Company, whose area is 1600 square meters located in an important commercial area of ​​Baghdad province.  LINK

MilitiaMan:  This is looking to be falling in place. The Total deal being completed prior to Kahdimi leaving to NYC and now they have an arrest warrant issued. This is a good thing for the Iraqi citizens future.. Slowly, but methodically they are holding the corrupt accountable. imo ~ MM

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Thursday AM Iraq Economic News Highlights 9-22-22

.Thursday AM Iraq Economic News Highlights 9-22-22

KDP: Al-Sudani Informed Us And The Political Parties Of Reaching An Agreement On The Oil And Gas Law

by Moahmad Editor Iraq The representative of the Kurdistan Democratic Party, Shirwan Al-Dobardani, announced that the candidate for the coordination framework for the prime minister, Muhammad Shiaa Al-Sudani, informed them of reaching an agreement with the Kurdistan Regional Government and the political parties, regarding the Federal Oil and Gas Law, which will be the first law to be approved, in the event that sessions are held. Parliament and government formed.

Thursday AM Iraq Economic News Highlights 9-22-22

KDP: Al-Sudani Informed Us And The Political Parties Of Reaching An Agreement On The Oil And Gas Law

byMoahmad EditorIraq   The representative of the Kurdistan Democratic Party, Shirwan Al-Dobardani, announced that the candidate for the coordination framework for the prime minister, Muhammad Shiaa Al-Sudani, informed them of reaching an agreement with the Kurdistan Regional Government and the political parties, regarding the Federal Oil and Gas Law, which will be the first law to be approved, in the event that sessions are held. Parliament and government formed.

Earlier, Muhammad Shiaa Al-Sudani said, in a tweet on Twitter, that he had responded to a “parliamentary invitation, from 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 look like,” adding that “today’s meeting will take place.” Addressing important issues related to the service and living aspects facing citizens and activating the economy.

For his part, Shirwan Al-Dobardani said that the meeting with Muhammad Shia Al-Sudani was held in the “Parliament Cafeteria”, during which Al-Sudani confirmed that the dialogues with most of the political parties have reached the “last stages”, and they are waiting for dialogues with other parties as well, in reference to the Sadrist movement. According to Doberdani.

He pointed out that Al-Sudani also emphasized reaching a “good stage” during the dialogues with the Kurdistan Regional Government and the negotiating delegation of the Kurdistan Democratic Party, where an agreement was reached with the Kurdistan Regional Government and political parties, specifically the Kurdistan Democratic Party, provided that the draft federal oil and gas law The first project will be approved, in the event that Parliament sessions are held and a government is formed.

Regarding setting a date for the parliament session, Al-Dobrani referred to what Al-Sudani said, about the continuation of dialogues between the coordination framework, the Sunnis and the Kurds, and the pursuit of dialogue with the Sadrist movement to agree on a date for holding the session, in order to form the government, set a date for early elections and dissolve parliament.

The representative of the Kurdistan Democratic Party bloc, pointed out that Al-Sudani confirmed that they cannot wait any longer, because the Iraqi situation is bad and cannot bear any further delay, and the dialogue is open and they are trying to involve all parties in the government.

https://altahreernews.com/39023/

The Dollar Is Flying To Its Highest Level In 20 Years

Economie   2022-09-22 | 05:10   1,836 views   Alsumaria News – Economy   The US dollar rose to its highest level in 20 years compared to major currencies, today, Thursday, supported by the tightening of monetary policy in the Federal Reserve (the US central bank), and after Russian President Vladimir Putin issued an order for the first general mobilization in the country since the World War the second.

The dollar index, which measures the performance of the US currency against a basket of six major currencies, including the euro, sterling and the yen, rose to 111.79 for the first time since mid-2002.

And the dollar rose to its highest level in 24 years, exceeding 145 yen, after keeping Bank of Japan On ultra-low interest rates and easy monetary policy guidance, today, Thursday.

The dollar also hit new highs against the New Zealand and Australian dollars, and rose against the offshore Chinese yuan and the Korean won.

And the expectations of the US “Central” show that the interest rate will rise to 4.6% next year and not cut interest until 2024. It  raised the interest rate by another 75 basis points to reach a range between 3 and 3.25%, as was widely expected.

The dollar rose to 145.405 yen, but it witnessed sharp fluctuations in the wake of the announcement Bank of Japan  It was last trading up 0.31% at 144.53 yen.

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The British pound fell to its lowest level in 37 years to $ 1.1221, and recorded in its latest trading, a decrease of 0.26% to $ 1.124.

The euro fell to a 20-year low of $0.9807, before trading 0.18% lower at $0.9820.

The Australian dollar fell 0.6% to $0.6593, after touching $0.6583, its lowest level since 2020.    LINK

Gold Prices Are Rising In The Iraqi Markets

Economie  2022-09-22 | 03:53   1,071 views   Alsumaria News – Economy   Gold prices rose today, Thursday, in the local markets.

The price of a 21-carat gold weight, the most traded one, reached 344 thousand and 735 dinars, excluding the fees of the craftsman.

As for the price of a gold weight of 24 karat, it amounted to 393 thousand and 975 dinars, excluding the fees of goldsmithing.   LINK

Scandal Rocks "Sumo": It Sold A Shipment Contaminated With Chemicals

Economie   2022-09-21 | 09:20   5,025 views   Reuters revealed, today, Wednesday, that the Iraqi Oil Marketing Company (SOMO) has sold a shipment of fuel oil contaminated with a chemical cleaning agent in recent weeks.

Three trade sources told the agency that it was a shipment of between 600,000 and 700,000 tons of high-sulfur fuel oil that had been supplied to customers.Sumo.

They added that the shipment contained chlorinated organic compounds between 90 and 130 parts per million.

And she didn't answer Sumo So far a request for comment.

Refiners usually purchase high-sulfur fuel oil for further processing in secondary refineries to produce higher quality petroleum products.

One source explained that the maximum content of chlorinated organic compounds in fuel oil in refineries is five parts per million, and that any levels higher than that can cause damage to processing units.

Another source said, “The high-sulfur fuel oil goes to the (refinery) feed, so it has no effect on the fuel tanks,” but noted that it would take some time for the whole thing to be done.

The first source said that the impact on prices is limited so far in light of abundant supplies.    LINK

In A Precedent, The Most Dangerous .. Iraq Begins To Use The Reserve Water Reserves

Video  2022-09-22 | 04:51  Source:  Sumerian   612 views   In a precedent that is the most dangerous, Iraq begins to use the reserve water reserves after Turkey and Iran continue to cut off water supplies, while calls continue to open channels of dialogue between Baghdad and those two countries to find a solution to this crisis.

Reducing the share of water that reaches my rivers Tigris Euphrates before Turkey to the lowest levels, and changing the course of the rivers feeding the Sirwan River in Diyala Governorate before Iran put Iraq In the face of the danger of water scarcity, and perhaps access to the use of the reserve water reserve in Lake Tharthar, which is the last solution to deliver water to agricultural lands and human use, in a move that those concerned see will expose the country to water drought in the coming years.

Although there is an agreement signed between Baghdad And Ankara in the nineties of the last century, which provides for the distribution of regional waters according to population needs. Except that the government Turkey This agreement was not respected, so that experts in economic affairs suggested using the paper to stop trade exchange as a means of pressure against Turkey even Iran Until they stop these illegal practices Iraq. LINK

Parliamentary Efforts To Legislate The Slum Organization Law

Iraq   12:38 - 09-22-2022   A member of the Parliamentary Services Committee, Madiha Al-Moussawi, confirmed that the slum organization law is complete and prepared in all respects, and it is supposed to be included in the parliament's agenda in the event that Parliament sessions are resumed.

Al-Moussawi said that the slums law is complete and ready for the first reading in the event that Parliament sessions are resumed.

She added that the slums are evidence of the worsening economic repercussions, poverty and unemployment, and the failure of the government and its institutions to provide the requirements for the right to housing for every Iraqi citizen.

She indicated that there are efforts to resolve many bills that have been postponed due to the suspension of Parliament sessions, including the draft law on regulating slums, redressing the poor who do not have a shelter, and ending the encroachment on state property.   https://kirkuktv.net/AR/Details/9084

The Ministry Of Labor Announces The Formation Of A Joint Team With International Support To Organize The Work Of The Private Sector

Iraq   11:30 - 09-22-2022   Today, Thursday, the Ministry of Labor and Social Affairs confirmed its progress in preparing the national policy to organize the Iraqi labor market, and announced the formation of a joint team to organize the work of the private sector.

The Director General of the Labor and Vocational Training Department in the ministry, Raed Jabbar Nahed, said that "there is a cabinet decision that sets the proportion of local employment at 50% compared to 50% of foreign workers," noting that "the Ministry of Labor has taken several measures regarding foreign companies, public companies and private sector companies." Those who violate this percentage are through the inspection body belonging to the ministry, and the violators are referred to the Labor Court for labor issues.”

And regarding the organization of the Iraqi labor market, Nahed stressed that "the ministry is working on preparing the national policy for employment and vocational training to organize the Iraqi labor market," expressing his hope that "work on this policy will begin at the end of this year."

And he continued, "A working group was formed headed by the Ministry of Labor and a group of labor organizations experts and (NG) or with the support of the international organization, and this policy regulates work in the private sector," noting that "the ministry is implementing the effective labor law that coordinates the relationship between the worker and the owner." the work".

The Ministry of Labor and Social Affairs had announced earlier that most of the foreign workers in Iraq were illegal, while indicating that 100,000 permits had been granted to foreign workers since 2012.

https://kirkuktv.net/AR/Details/9083

The Ministry Of Commerce Announces The Launch Of The Eighth Meal Of The Food Basket

Iraq   17:38 - 09-21-2022   Today, Wednesday, the Ministry of Commerce announced the launch of cutting and preparing the eighth meal of the food basket, starting tomorrow, Thursday.

The ministry stated in a statement, that "the General Company for Food Stuff Trading has completed its technical and administrative preparations to receive the materials supplied for the account of the food basket in its stores, which will be distributed to all those covered by the ration card system, according to the marketing plan for processing prepared by the company, starting from the poorest areas and followed by the rest of the regions."

The statement called, "Food agents to review the cutting centers in Baghdad and the provinces for the purpose of cutting the quotas of citizens according to the cutting schedules."

For her part, General Manager of the Foodstuff Company, Lama Al-Moussawi, confirmed, according to the statement, that "citizens will be supplied with the materials at once and at the same time without delay or shortage of any material."

Al-Moussawi indicated that "the company will sell the flour (Das) and French (Duvilac) milk in a direct sales manner to citizens, at competitive prices through sales centers in Baghdad and the provinces in conjunction with the start of the cutting process."

The statement called on "citizens to report violations through the announced hotlines or through the official Facebook website of the ministry or company, or to apply through the (Rabeni) electronic service link." https://kirkuktv.net/AR/Details/9073

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Thursday AM Iraq Parliament News Highlights 9-22-22

.Thursday AM Iraq Parliament News Highlights 9-22-22

Nassif reveals the "budget" of one of the ministers and confirms: We are going to Saint-Lego[/size]

Policy 2022-09-21 | 14:50 Source: Alsumaria news 21,580 views And she continued, "There is a difference in numbers and tables, and there is a paragraph in which there is a difference of 250 billion dinars," stressing that "one of the ministers has a budget of 3 billion and says I am not afraid of the judiciary."

Nassif revealed that "the testimony of the Minister of Transport is incorrect and does not qualify him to be a minister," noting that "on the 22nd, there will be a lawsuit against a person nicknamed Harfoush."

Thursday AM Iraq Parliament News Highlights 9-22-22

Nassif reveals the "budget" of one of the ministers and confirms: We are going to Saint-Lego[/size]

Policy   2022-09-21 | 14:50   Source:   Alsumaria news   21,580 views   And she continued, "There is a difference in numbers and tables, and there is a paragraph in which there is a difference of 250 billion dinars," stressing that "one of the ministers has a budget of 3 billion and says I am not afraid of the judiciary."  

Nassif revealed that "the testimony of the Minister of Transport is incorrect and does not qualify him to be a minister," noting that "on the 22nd, there will be a lawsuit against a person nicknamed Harfoush." LINK

Iraq And The European Council Discuss Strengthening The Goals Of Development And Stability

Policy   2022-09-21 | 11:46   924 views     Prime Minister Mustafa Al-Kadhimi discussed with the President of the European Council Charles Michel, today, Wednesday, the promotion of development and stability goals in Iraq and the region.

Al-Kazemi's office said in a statement received by Alsumaria News, that the latter "met in New York, the President of the European Council, Charles Michel, on the sidelines of participation in the meetings of the United Nations General Assembly, as they discussed strengthening relations between Iraq and the countries of the European Unio in various fields, in a manner that enhances It is one of the goals of development and stability in Iraq and the region, and it consolidates the process of democratic building in which the Iraqi people have made an important stride.

The two sides discussed "the efforts of the Iraqi forces in combating terrorism and its remnants, and the international supportive efforts in this field, in a way that supports the consolidation of security and drying up the sources of terrorism and extremism, as well as researching the migration file, and facilitating the voluntary return of Iraqi immigrants."

The meeting also discussed "the importance of the reform programs adopted by the Iraqi government, regional and international openness, and efforts to attract investment, as well as the policy pursued by the Iraqi government in promoting the principle of dialogue, calm, and the language of understanding between the various parties in the region in a way that works to consolidate peace in the Middle East." LINK

The Meeting Of The Party And The Alekte On The Selection Of The Candidate For The Presidency Of The Republic Is Reaching Advanced Stages

By Moahmad Editor Iraq news   The leader of the Patriotic Union of Kurdistan, Shailan Fathi, revealed the latest developments in negotiations with the Party Party over the presidency.

Fathi said: "The meetings between the leader of the Union Party, Bafel Talabani, and the leader of the Democratic Party, Massoud Barzani, are very good and hopeful steps, especially since they began after a months-long estrangement between the two parties."

She pointed out that "yesterday's meeting discussed not only the presidential file, but other common points between the two parties and other matters on which the two parties differ, including the elections in the region, how to manage the region's resources, and the relationship between the center and Kurdistan."

Fathi stressed that, "until this moment, the meetings are continuing, and there has been no change in the positions of the two parties regarding the presidency, as each party adheres to its position."

https://altahreernews.com/39044/

The Supreme Council Denies That A Delegation From The Kurds, Sunnis And Amiri Went To Al-Hanana To Meet Al-Sadr

By Moahmad Editor Iraq news   The Islamic Supreme Council of Iraq denied that a delegation from the Kurds and Sunnis and the head of the Al-Fateh Alliance Hadi Al-Amiri went to Al-Hanana in the city of Najaf to meet with the leader of the Sadrist movement Muqtada Al-Sadr, with the aim of reaching a solution to the current political crisis.

The official spokesman for the Supreme Council, Ali Al-Dafia, said that “there is no truth for a delegation from the Kurds, Sunnis and Al-Amiri to visit Al-Hanana to meet the leader of the Sadrist movement,” noting that “there are almost features of an agreement between the coordination framework and the Kurdish and Sunni forces until the return of Prime Minister Mustafa Al-Kazemi from New York and the end of Visiting the Prophet’s death on Sunday, in the hope of communicating with the Sadrist movement and proceeding to announce a parliamentary session.”

It is noteworthy that parliamentary parties recently said that the Kurdistan Democratic Party, the Sovereignty Alliance and the head of the Al-Fateh Alliance Hadi Al-Amiri put forward an initiative for the political parties, aimed at getting Iraq out of the state of political impasse, where a joint delegation is scheduled to visit the leader of the Sadrist movement Muqtada Al-Sadr in Najaf.

Regarding the nomination of Muhammad Shi`a Al-Sudani to head the government, Al-Dafie stated that “Muhammad Shi`a Al-Sudani will be passed,” noting that “Al-Sadr, so far, has not opened his door, and there are attempts to happen something new, otherwise we are going to hold a parliamentary session.”

https://altahreernews.com/39035/

Abu Al-Hail Chairs The Meeting Of The Executive Office Of The Council Of Arab Information Ministers In Cairo

Policy   2022-09-21 | 10:53   1,643 views   The head of the Executive Office of the Council of Arab Information Ministers, Mujahid Abu Al-Hail, chaired the meeting of the office in Cairo, in the presence of representatives of member states, unions and Arab organizations working in the media sector.

Abu Al-Hail confirmed during his speech, that "Imam Arab media A major challenge is social media, which has transformed individuals into a media capable of preparing content, which has reduced the impact of traditional media, calling on the League of Arab States to shift from organizing traditional media to keeping pace with the tremendous developments in media technology and creating parallel content capable of influencing the consumer. .

Abu al-Hail also recorded, "A blame on the information ministers of the member states of the Executive Office [/url] Not obligated to attend meetings Baghdad which was held recently, stressing that the philosophy of joint Arab action in the League of Arab States and the spirit of these meetings is to provide support to our stricken and besieged Arab cities and to lift the siege on them, and this will not be manifested in its best form except through your generous presence in it and your support for it.

Not specialized in media work to represent member states will confuse the meetings because most of them do not keep pace with the priorities of those decisions or are not specialized in the media, and this is what happened in the meeting of the Executive Office in Baghdad".

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He continued, "I would also like to assure you all that Baghdad She will not shut her door in the face of her guests, and she will not let the mists of her problems disturb their peace, no matter how hard the times are.

A few days ago, the Iraqis received more than ten million visitors from different countries of the world, and they returned to their countries loaded with love, nostalgia, and thirst for the waters of the Tigris and Euphrates. Baghdad Peace is still washing her face with dew Degla river Every morning, to say to you, Morning peace be upon you.”

And he added: “What is happening withBaghdadAnd you hear about it in the media, not a regression back, but rather the cost of running forward to search for a bright future worthy of the sons of Ur, Sumer, and Babylon, and he emphasized .

BaghdadIt is a democratic practice that guarantees for everyone to express their opinion and point of view through demonstrations and protests, which sometimes reach the point of waving force, but this will not affect the guest and the neighbor, so how about you and you, the people of the house.

abu cardamom, Arab media to "reverse image Baghdad Sana'a, Damascus, Beirut, Tripoli and all our beloved capitals with what befits them, their history, civilization and the future of their good sons, instead of roaming the alleys and streets of these cities to capture an emergency negative image .

The meeting, which came in preparation for the work of the 52nd session of the Council of Arab Information Ministers, discussed a number of decisions of the Standing Committee for Media, as well as a number of files related to Arab media issues and cooperation mechanisms between all countries.

The activation of the objectives of the Arab media strategy 2022-2026 was also discussed, including the media's handling of crises and disasters in light of national experiences with the Corona pandemic.

Executive Office The Arab Ministers of Information has nine members Iraq, Egypt, Saudi Arabia, Algeria, Tunisia, Comoros, Yemen, Lebanon, in addition to the State of Kuwait.

It is noteworthy that the Permanent Committee for Arab Media unanimously renewed yesterday, Tuesday, the recommendation to elect Iraq Head of the Executive Office of the Council of Arab Information Ministers. LINK

Lawyers: There Must Be A Legal Article That Holds Deputies Accountable For Those Who Have Exceeded The Constitutional Periods

Video   2022-09-22 | 04:57   Source:   Sumerian   153 views   The candidate for the position of President of the Republic, according to the leaks, appears to be ready to pass after the last Kurdish parties meeting and agreement on one candidate.. Amid Kurdish reservations about presenting the personality at the present time, except after agreeing on the date of the parliament session

An agreed candidate and he will be presented hours before the date of the session.. This is what some leaks indicated from the meeting of the Kurdish parties, specifically the Al-Yakti and Al-Party parties, where the two parties secretly agreed on a certain person to take over the position of President of the Republic amid political stress not to announce the name except by setting the date of the session officially

Nine months, and Parliament has not yet reached a declared agreement to end the controversy of the tenth president 's post The Republic of Iraq What indicates the existence of a constitutional breach and a clear intransigence by the political forces as a result of the lack of legal articles providing for the punishment of deputies who transgress the time period, according to specialists

, and since the leaks refer to an agreement The two Kurdish parties on the candidate for the presidency of the republic, it is now possible for the framework and political expectations to set a date at the end of this month to hold a parliamentary session   LINK

The Fact That The Director General Of The Legal Department Of The Ministry Of Finance Escaped

2022-09-22 | 04:38   Source:  Alsumaria news   1,428 views   Alsumaria News – Localities   The Ministry of Finance revealed today, Thursday, the fact that the Director General of the Ministry's Legal Department escaped outside Iraq.

The ministry said in a statement received by Alsumaria News: Ministry of Finance  What was reported by some media and news agencies regarding news alleging (the Director General of the Legal Department escaped outside Iraq)".

The statement added, "This news is baseless, and that the Director General of the Legal Department is still practicing his work at the head of the Legal Department, as well as managing the affairs of the legal department."

General Authority to proxy taxes, pointing out that "the allegations being raised are intended to offend the ministry's symbols and personalities, and they fall within the miserable attempts targeting the ministry and its joints."

According to the statement, the ministry called for "the adoption of news and information through the ministry's website and its pages on social networking sites Facebook and Twitter".  LINK

Member Of The Framework: The Upcoming Plasschaert Briefing Could Put Politicians And Iraq At A Crossroads

Politica l| 09:45 - 09/22/2022   Baghdad - Mawazine News, a member of the Coordination Framework, Ayed Al-Hilali, considered, on Thursday, that the expected briefing of the UN Representative in Iraq, Jenin Plaschaert, to be presented to the UN Security Council, could put politicians and Iraq "at a crossroads" in the context of political positions.

Al-Hilali said, "The rapprochement that took place between independents and the candidate, Muhammad Shiaa Al-Sudani, carries a message to the political forces about the importance of his presence at the head of the next government because of the realism and seriousness they saw in his government program."

In an interview with the official "Al-Sabah" newspaper, which was followed by Mawazine News, Al-Hilali suggested that "the delay in the constitutional benefits will not last long, especially with the current crisis situation."

He continued, "The expected briefing that the UN envoy, Jenin Plaschaert, will present to the UN Security Council, could put politicians and Iraq at a crossroads in the context of political positions." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=206147

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Iraqi News Thursday AM 9-22-22

.Iraqi News Thursday AM 9-22-22

Tlm724 Administrator Bondlady’s Corner

The Iraqi Stock Exchange Ends The Week's Trading On A Decline And Trades 31 Billion Shares

Market Economy News-Baghdad The Iraqi Stock Exchange ended this week's trading lower, with 31 billion shares traded. The number of shares traded this week reached more than (31) billion shares, with a value of more than (Cool billion dinars.

The trading index closed in the market for the first session of the week at (595.25) points, while the index closed at the end of the week at (594.20) points, achieving a decrease of (0.18%) from its closing in the first session.

Iraqi News Thursday AM 9-22-22

Tlm724 Administrator Bondlady’s Corner

The Iraqi Stock Exchange Ends The Week's Trading On A Decline And Trades 31 Billion Shares

Market   Economy News-Baghdad   The Iraqi Stock Exchange ended this week's trading lower, with 31 billion shares traded.   The number of shares traded this week reached more than (31) billion shares, with a value of more than (Cool billion dinars.

The trading index closed in the market for the first session of the week at (595.25) points, while the index closed at the end of the week at (594.20) points, achieving a decrease of (0.18%) from its closing in the first session.

During the week, more than (2200) buying and selling contracts were executed on the shares of companies listed in the market.   Views 28   Added 09/22/22 - 1:54 PM   Update 09/22/22 2022 - 6:07 PM

https://economy-news.net/content.php?id=29844

A New Rise In The Dollar In Local Markets

Economie| 10:17 - 09/22/2022   Baghdad - Mawazine News, the dollar exchange rates rose slightly on the Iraqi Stock Exchange, today, Thursday.

And the selling prices of the dollar were recorded at 147.750 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.650 dinars per 100 dollars.  https://www.mawazin.net/Details.aspx?jimare=206151

Oil prices continue to rise in global markets

Economie| 08:44 - 09/22/2022   Follow-up - Mawazine News:   Oil prices continued to rise amid fears of tight supplies with the onset of winter, which overshadowed fears of a global recession.

Brent crude futures rose 50 cents, or 0.6%, to $90.33 a barrel by 03:19 GMT, offsetting losses in early Asian trade.    US West Texas Intermediate crude rose 45 cents to $83.39. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=206139

Customs begins implementing the industrial development exemptions program and the Investment Authority

Economie| 12:53 - 09/22/2022   Baghdad - Mawazine News    The General Authority of Customs announced, on Thursday, the start of implementing the industrial development exemptions program and the Investment Authority in the Southern Region Customs Directorate.

A statement by the authority, received by Mawazine News, stated that "with the direct guidance and follow-up of the Director General of the General Authority of Customs, Shaker Mahmoud Al-Zubaidi, the Director of Southern Customs received the Border Ports Authority's joint work team with the General Authority of Customs to start implementing the industrial development exemptions program and the Investment Authority." .

The statement added, "The Directorate has prepared all the necessary requirements for the success of the work of this program, facilitating procedures and organizing customs work," noting that "this matter reflects the directions of the General Authority of Customs to keep pace with the electronic automation system in all fields." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=206165

After the federal decision... to cancel the structure of the National Oil Company

political| 05:06 - 09/22/2022   Baghdad - Mawazine Newsm, a member of the Parliamentary Finance Committee, Mustafa Jabbar Sanad, announced, on Thursday, the cancellation of the structure of the National Oil Company, after the Federal Court's decision to cancel the Cabinet's decision to complete its structure.

Sanad said in a post on Facebook: “Thank you to the Ministry of Oil for quickly implementing the decision of the Federal Court and canceling the structure and name of the National Oil Company since the early morning, as the name and logo were deleted from internal and external correspondence, and its managers refused to sign, and most offices were evacuated and all connections and correspondences returned to the previous context, meaning Returning to their mother ministry, the Ministry of Oil, and we hope not to deal with a retaliatory reaction, whose fuel is affiliates and contracts, in order to discontent with the court’s decision or from the plaintiffs.”

He added: "We are with the legislation of amendments to the National Oil Law, which was previously challenged with 8 articles, and we oppose any exploitation of this law, which is lacking in articles and for personal purposes."

Yesterday, Wednesday, the Federal Court issued a decision regarding the steps to establish the National Oil Company.

And the court stated in a statement that Mawazine News received a copy of it, that it “has ruled that paragraphs (2) and (3) of Cabinet Resolutions No. (109) of 2020 and Resolution (211) of 2021 are invalid and that they are canceled, related to completing the steps for establishing the National Oil Company and assigning The Minister of Oil (Ihsan Abdul-Jabbar) headed by it.”

And she added, "The court held:

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, constitutes 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 29/h

https://www.mawazin.net/Details.aspx?jimare=206186

NATO: Our work is carried out in full respect of the sovereignty and territorial integrity of Iraq

Political | 05:44 - 09/22/2022  Baghdad - Mawazine News  The North Atlantic Treaty Organization (NATO) affirmed that its work is carried out in full respect of Iraq's sovereignty and territorial integrity.

And the Ministry of Foreign Affairs stated in a statement that Mawazine News received a copy of it, that "the Ambassador of Iraq in Brussels, Ahmed Berwari, met, at the embassy headquarters, with the Assistant Secretary-General of NATO for Operations Affairs Thomas Goffus, to exchange views on files related to The common interest between Iraq and NATO.

At the outset of the meeting, Kovos congratulated Ambassador Berwari on his nomination as head of the Iraq mission to NATO in Brussels, noting his "aspiration for continued cooperation between the two sides to achieve the common interests between Iraq and NATO."

The statement added, "The role of NATO in supporting the Iraqi forces and capacity-building programs that are provided through the NATO Training Mission in Iraq (NMI) and the international support provided by the alliance and international partners, which contributed to supporting Iraqi security institutions, was reviewed."

The two sides stressed, "the importance of continuing consultation with the concerned Iraqi security authorities to crystallize common visions in the programs presented to Iraq and within the priorities determined by the Iraqi government, which contributes to supporting the various security institutions."

For his part, Kovos expressed, "the alliance's keenness to continue providing support to Iraq and cooperation in various fields approved by the Iraqi government and among its priorities," stressing that "the work of the alliance is carried out in full respect of Iraq's sovereignty and territorial integrity."

He added, "The NATO mission in Iraq is in constant contact with the Iraqi authorities to consult on the training programs that are being offered to Iraq, noting the professionalism of the Iraqi forces and their role in achieving victory and fighting ISIS terrorist cells    https://www.mawazin.net/Details.aspx?jimare=206192

 

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

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KTFA Members "News and Views" Thursday 9-22-2022

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Samson: France's Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

He added, "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement LINK

Pete2001: this seems like an important article....not sure which way this points to for our investment, imo

KTFA:

Samson:  France's Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company's refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

He added, "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement  LINK

Pete2001:  this seems like an important article....not sure which way this points to for our investment, imo

Samson:  Al-Kazemi meets his Kuwaiti counterpart in New York

21st September, 2022

Wednesday, Prime Minister Mustafa Al-Kazemi met his Kuwaiti counterprart Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah in New York. 

And the Prime Minister's media office said, in a brief statement received by "Al-Naeem News", that "Prime Minister Mustafa Al-Kazemi met in New York with Kuwaiti Prime Minister Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah."  LINK

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Samson:  The Minister of Foreign Affairs discusses with his Saudi counterpart the bilateral relations between the two countries

09/22/2022 18:18:50

Foreign Minister Fouad Hussein discussed, today, Thursday, with his Saudi counterpart, the bilateral relations between the two countries.

In a statement received by Al-Furat News, Foreign Ministry spokesman Ahmed Al-Sahaf said, "Foreign Minister Fouad Hussein met with his Saudi counterpart, Faisal bin Farhan, the bilateral relations between the two countries and ways to advance them to serve the interests of the two peoples."  LINK

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Samson:  Oil prices continue to rise amid fears of tight supplies

22nd September, 2022

Oil rebounded today, Thursday, as fears of tight supplies with the onset of winter overshadowed fears of a global recession

Brent crude futures rose 50 cents, or 0.6%, to $90.33 a barrel by 03:19 GMT, offsetting losses in early Asian trade, and US West Texas Intermediate crude rose 45 cents to $83.39. Both benchmarks fell to nearly two-week lows on Wednesday after the US Federal Reserve raised interest rates by 75 basis points for a third time to tame inflation

Meanwhile, some Chinese refineries are considering increasing operations in October, eyeing increased demand and a possible reversal of Beijing's fuel export policy, which could boost demand for crude oil but analysts at "Citi" said in a note that oil prices remain under selling pressure due to the build-up of inventories and the deteriorating economic outlook

US crude stocks rose by 1.1 million barrels in the week ending September 16 to 430.8 million barrels

A higher dollar also put a lid on oil price gains as it makes crude oil more expensive for many buyers. The dollar index touched a 20-year high against a basket of other currencies on Wednesday  LINK

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Samson:  3 years in prison for a former local official and his employees in Tikrit

22nd September, 2022

Today, Thursday, the Iraqi judiciary issued a 3-year prison sentence against a former local official and two employees in the city of Tikrit, Salah al-Din Governorate. 

An official source told Shafaq News Agency, that a court ruling was issued today against Omar Al-Jarad, the former director of Tikrit municipality, and the employees in his office, "Ahmed Mazhar" and "Nazim al-Samarrai", to imprisonment for 3 years in corruption cases.  LINK

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DoTalkToMe:  We await outcome of UN meetings. The excruciatingly long labor pains are going to give birth....and this BABY is about to come forth and temperarily save the world's economy from imploding. IMO

Billuke: I posted this reply several times in past years....Baby? It's been so long, it should give birth to an adult. 

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Samson:  Imprisonment and imprisonment of a general manager at the Investment Authority and an officer of the Interior

22nd September, 2022

The Federal Integrity Commission announced today, Thursday, the issuance of two verdicts convicting a former director general in the National Investment Commission, and a liaison officer between the ministries of interior and health.

The commission's investigation department said, in a statement received by Shafaq News Agency, that the Rusafa and Al-Muthanna Criminal Courts, which are specialized in integrity issues, issued two sentences of imprisonment and imprisonment in the presence of the former Director-General of the Relations and Promotion Department in the National Investment Commission, and a liaison officer between the Ministry of Interior and the Muthanna Health Department.

The circuit added that the Rusafa Misdemeanor Court issued a prison sentence with enforcement against the accused, the Director-General, on the issue of exploiting his position to recruit foreign workers and diverting them outside the workplace.

She explained that the Al-Muthanna Criminal Court, which is specialized in integrity issues, issued a sentence of imprisonment for five years and one month, and a fine of (23,000,000) million dinars on the accused who holds the position of liaison officer between the Ministry of Interior and the Muthanna Health Department; for appointing (38) policemen by a forged ministerial order, pointing out that the court issued the ruling; 

According to the provisions of Article (289) of the Penal Code. She emphasized that the two courts, after reviewing the evidence obtained in these two cases, found it sufficient and convincing to convict the accused.  LINK

Samson:  In the document: The judiciary decides to bring in the Minister of Oil and a number of ministry officials

22nd September, 2022

The Baghdad / Karkh Court of Appeal decided to bring in the Minister of Oil, Ihsan Abdul-Jabbar, against the background of the seizure of privileged lands belonging to the Central Oil Company

And a document seen by Al-Ghad Press stated, “This court is conducting an investigation into the information attributed to the National Oil Company, which includes the seizure of privileged lands belonging to the Central Oil Company in the Mansour area and selling them in violation of the law of selling and renting state funds, and in order to complete the fundamental investigations, the court decided to bring in the accused.”

Each of (Ihsan Abdul-Jabbar Ismail, Firas Ali Muhammad Sadiq, Hamid Younis Saleh and Qaddouri Abdul Salim) according to the provisions of Article 316 of the Penal Code, for the accusation of exploiting their jobs and unlawfully seizing the plot of land numbered (7/18, District 20 Daoudi) owned by the Central Oil Company  LINK

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Samson:  Massive protests continue in Iran (video)

22nd September, 2022

Today, Thursday, a video clip showed the continuation of massive protests in Iran against the background of the killing of Mahsa Amini.

The video received by (Baghdad Today) shows the massive protests that roam the Iranian streets in light of the continuation of the demonstrations and their movement to most parts of the country against the background of the death of the Kurdish young woman, Mahsa Amini, hours after her arrest by the morality police" because of the way she wore the hijab."

Earlier this week, the Iranian authorities confirmed the deaths of 3 people during popular unrest following the death of the young woman, Mahsa Amini, while in police custody, but sought to exclude any responsibility of the security forces for this, saying that the killing of the protesters was "suspicious."

Protests over the killing of Amini continued in several cities, including the capital, Tehran, at a time when the police announced the arrest of 22 demonstrators, and the United Nations expressed concern about the Iranian government's response to the protests and 22-year-old Mahsa Amini died last Friday, after she fell into a coma after she was arrested by the morality police in Tehran for her "improper dress", which sparked outrage across the country and protests in many regions.

VIDEO LINK   LINK

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Thursday Morning 9-22-2022

.TNT:

Yada: What is not insured by the FDIC? (Wells Fargo website)

What is not insured by the FDIC?

Wells Fargo, and it's Bank and non-bank affiliates, also offers a range of products and investment accounts that do not qualify as deposits and are therefore not covered by FDIC insurance. Examples of non-deposit products that are not covered by FDIC deposit insurance include:

Investments in mutual funds

U.S. Treasury bills, notes, and bonds purchased through an insured institution

Annuities

Stocks, bonds, or other securities

Insurance products

Contents of a Safe Deposit Box

TNT:

Yada: What is not insured by the FDIC? (Wells Fargo website)

What is not insured by the FDIC?

Wells Fargo, and it's Bank and non-bank affiliates, also offers a range of products and investment accounts that do not qualify as deposits and are therefore not covered by FDIC insurance. Examples of non-deposit products that are not covered by FDIC deposit insurance include:

Investments in mutual funds

U.S. Treasury bills, notes, and bonds purchased through an insured institution

Annuities

Stocks, bonds, or other securities

Insurance products

Contents of a Safe Deposit Box

RVAlready:  I finally got the update from Wells Fargo, saying investment funds are not FDIC insured, not guaranteed by the bank, and subject to investment risk.

Yada: Before everyone starts to assume the worse, just posted what they are talking about. This is nothing new. Because of the way the economy is swinging, the memos are sent out as caution. See What is not insured by the FDIC? (Wells Fargo website)

RVAlready:  Yes. Nothing alarming. Investment funds are seldom insured, and usually subject to investment risk. I guess someone was surprised by the decline in value of their investment account, prompting the bank to notify their customers.

JudyBlueEyes:  With all we know about investments already and also understand that no bank has our back, we would be crazy to let them have any degree of control in our future. Find your own path in the investments. Study up, it will give you the control of your own money and the freedom to choose…Work your own plan. It will be very satisfying when you chose to work your plan and not have to pay someone else to play with your money that you waited so so long to get.

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Samson:  UAE: We seek to increase the volume of cooperation with Iraq, and we will contribute to the reconstruction

Foreign Minister Fouad Hussein discussed with the UAE Foreign Minister Abdullah bin Zayed, on Thursday, September 22, 2022, the strengthening of bilateral relations and the overall developments in the Arab region.

The media office of the Minister of Foreign Affairs stated that "Hussein met with the Minister of Foreign Affairs of the United Arab Emirates Abdullah bin Zayed, in the context of the meetings of the 77th session of the United Nations General Assembly in New York."

He added, "The meeting reviewed the progress of bilateral relations between Baghdad and Abu Dhabi, and the prospects for raising them to a level that meets the aspirations of the two brotherly peoples," noting that "the two parties discussed the overall developments in the Arab and international region."

The Minister of Foreign Affairs stressed that "Iraq is keen to strengthen joint cooperation with the UAE in various fields," calling on Emirati companies to "contribute to the reconstruction of Iraqi cities."

The statement indicated that "Abdullah bin Zayed reiterated his support for the security and stability of Iraq," adding, "We always strive to increase the volume of cooperation with Iraq, and we will contribute to reconstruction, construction, and increased investment in Iraq."  link

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CandyKisses:  Iraqi governorates will suspend work next Sunday

Each of the local governments in the governorates of Maysan, Karbala and Najaf decided to suspend official working hours next Sunday, corresponding to September 25, 2022 AD, corresponding to Safar 28, 1444 AH, on the occasion of the death of the Prophet of Islam Muhammad bin Abdullah, according to the Shiite narration.

Imami Shiite Muslims commemorate the death of the Prophet at the shrine of his cousin and son-in-law Ali bin Abi Talib in the city of Najaf in Iraq.

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Tishwash:  For the first time after 2003...a security monitoring committee to immunize Diyala markets from "fake dollars"

A security source revealed, on Thursday, the formation of a specialized committee to immunize markets in Diyala Governorate from counterfeit dollars.

 In an interview with "Information", the source said, "Forgery and the promotion of counterfeit currencies are among the challenges facing the markets in Diyala and the rest of the provinces, in light of the presence of professional mafias in this path."

He added, "A specialized committee has been formed that will take upon itself the follow-up of the counterfeit currency file and collect information about the criminal networks that stand behind them," noting that "the committee will begin its work in carrying out the duties assigned to it, starting next week."
The source pointed out that "counterfeit currencies have an impact on the economic file and lead to a breach of transaction systems," noting that "a list of awareness-raising instructions will be issued to banking offices to cooperate in deducing any suspicious cases."

The markets of Diyala Governorate have suffered in recent years from the emergence of counterfeit currencies and some attempt to promote them from time to time.  link

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Tishwash:  Seems like an education for the people

What is the central bank and what is it?

Recently, there was talk about the currency auction, preceded by the change in the exchange rate to the dollar, and other economic issues that the Iraqi street addressed, blaming the monetary policy of the Central Bank of Iraq.

But few of those who are specialists are aware of the behind-the-scenes of these measures taken by the Central Bank, and their purpose, and may be accused of being dragged into political ends once, or of being led to a destination again.

In the beginning, as is well known, the stability of the economic life of any country is mainly related to the general political atmosphere of the country, the extent of its stability and its impact on the level of stability and stability of the local currency.

 In a political arena such as the Iraqi arena, which is witnessing rapid events, it is a worried and discouraging environment for an improvement in the value of the local currency, and even makes it threatened by instability, and this in turn affects the banking circulation process, which makes the citizen not reassured about the value of the local currency, and thus there will be an indication of an increase in the value of the local currency. The demand for the dollar, which puts pressure in the conversion process, and eventually will lead to an increase in the exchange rate.

As for the currency sale window, the Central Bank takes upon itself the management of this window by providing hard currency to citizens who wish to obtain it for business or to complete studies abroad at a subsidized price, and other things. Therefore, the bank provides foreign currency to the Iraqi market, on a regular basis with An examination of the correct dollar, that is, it avoids citizens dealing with counterfeit currency.

Thus, he directly supervises the management of the currency exchange rate, despite what gives it the features of inflation! Which indicates (the health of the economy). Some may be surprised by this phrase, but the inflated economy is the economy that witnesses high rates of demand in exchange for less supply, with the purchasing power of the individual, in contrast to what some markets in the region suffer from price inflation and is offset by a reluctance in demand operations, which causes economic depression and currency inactivity.

The Central Bank of Iraq did not stand on the limits of its main tasks in managing the local cash, and drawing monetary policy only, but also contributed to the preservation of public money, by imposing its monetary authority on the rest of the private banks, and limiting the manipulation or fraud that is heard about here and there.

_ As he imposed a series of strict measures on private banks that obligate them, and put in place a mechanism for granting licenses to establish the same bank, as well as monitoring the capital and exchange operations, and direct supervision by the cadres of the Central Bank, for the work of these banks on the ground, through periodic visits, and it is done by During which banks are classified according to the services they provide to the citizen on the one hand, and their commitment to regulations on the other hand. 

_ The Central Bank has also created (Letters of Guarantee Platform), which is a new mechanism followed by the Central Bank in order to examine and scrutinize each letter of guarantee submitted through any bank. work with it.

Granting the housing fund initiatives through soft loans, and strengthening that initiative by canceling interest, so that the bank has contributed approximately (30-40%) of the total investment development rate.

The Central Bank also launched the renewable energy initiative in cooperation with the Ministry of Environment, by consolidating the principles of reliance on solar energy in generating electric power, by granting loans to citizens to purchase these units, which contribute to reducing environmental pollution, saving fuel and considered one of the economic alternatives to providing electricity, which It will contribute to alleviating the burden on the citizen who constantly complains about the high prices of private generators, and the poor services provided.

The Central Bank’s contributions were not limited to the economic and development field only, but it also had a role in supporting, sponsoring and supervising several effective community initiatives, which have won the approval of the Iraqi street, including; Reconstruction of Al-Mutanabi Street, Baghdad's cultural street that has been neglected for decades.

The Central Bank, in cooperation with private banks, also supervised the initiative to reconstruct the most important squares of the capital, Baghdad, and restored its special luster.

The Central Bank also did not neglect the humanitarian aspect, as it provides several aids to some segments of society, through sums of money provided as care for the elderly, or for those in need of treatment and others.

In the end, we must commend the work of the institutions that represent a safety stake for the state structure, including the judicial institution, which has devoted the concept of independence and to rise above the tension, attraction and struggle that is going on in the Iraqi arena. Not to be suspicious or suspicious...

God bless Iraq...  link

Mot: ~~~~~~ Great now I want Oreos…

Mot:  Are these things that make YOU happy???? .....

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