Monday Afternoon Iraq Parliament News Highlights 10-24-22
Monday Afternoon Iraq Parliament News Highlights 10-24-22
Selling Ministries Is A Prevalent Political "Custom" Before The Formation Of Iraqi Governments
"The phenomenon happened after investors and businessmen entered the scene to invest their money in governments."
The Independent Arabic Monday October 24 2022 2:08 Auctions and conflicts began between the Iraqi political blocs over ministerial portfolios (AFP)
The political forces in Iraq continue their struggles to acquire ministerial portfolios, especially the sovereign ministries, in an auction that was known before the formation of the new government, as the ministry’s price exceeds millions of dollars that are distributed among the political blocs according to the accepted quota approach after 2003.
Monday Afternoon Iraq Parliament News Highlights 10-24-22
Selling Ministries Is A Prevalent Political "Custom" Before The Formation Of Iraqi Governments
"The phenomenon happened after investors and businessmen entered the scene to invest their money in governments."
The Independent Arabic Monday October 24 2022 2:08 Auctions and conflicts began between the Iraqi political blocs over ministerial portfolios (AFP)
The political forces in Iraq continue their struggles to acquire ministerial portfolios, especially the sovereign ministries, in an auction that was known before the formation of the new government, as the ministry’s price exceeds millions of dollars that are distributed among the political blocs according to the accepted quota approach after 2003.
Member of the "Al-Fateh Alliance" Mahmoud Al-Hayani revealed the return of buying and selling ministries to the political front, noting that the price of the Ministry of Defense reached 75 million dollars.
Al-Hayani said in a press statement that "there are auctions and conflicts between the political blocs over ministerial portfolios and special degrees," noting that "the competition between them amounts to huge sums."
Al-Hayani quoted "informed sources" that "the price of the Ministry of Defense - which is part of the Sunni component - reached 75 million dollars." He explained that "the ministries' price increases according to their importance," noting that "there is a ministry that was sold to more than one person."
Investors are in control
Political researcher Ali Al-Baydar believes that this phenomenon occurred after investors and businessmen entered the political scene to invest their money in governments by granting some political leaders sums of money as a result of giving them certain ministries to be supervised through them and harnessing their resources for their benefit.
"It also happened through financing political projects and electoral campaigns in exchange for compensating them with some ministerial shares when those electoral blocs obtain parliamentary seats," he added.
He continued, "The matter was negatively reflected on the performance of ministries and government institutions that were harnessed for the benefit of partisan projects without providing anything for the public interest."
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He continued, "The situation continued even with the government of Muhammad Shia Al-Sudani, which has not yet seen the light, and the value of some ministries has reached more than $100 million. This situation is more prevalent within the Sunni blocs than others," calling on Al-Sudani to appoint directors of offices affiliated with him in all ministries to inform him. On all violations that occur in order to reduce corruption and pass certain deals."
Al-Baydar stressed, "There is clear political and financial manipulation. Investors have become the biggest controller in the political scene, and through them any deal is passed."
He noted that there is supposed to be a security apparatus specialized in political security, preventing the arrival of any suspicious figure, and exposing all corruption deals that take place. He believed that the political process was based on many mistakes, and the accumulation of those mistakes generated a distorted political scene capable of embracing all suspicions.
He added, "Errors are present in all blocs and components, and the process of covering up the error has become a collective case, so it is easy to penetrate any political grouping and pass everything the corrupt want through it."
infection
Selling Ministries in Millions of Dollars The new political process after 2003 referred to by political researcher Nabil Jabbar Al-Tamimi, as in the world of contracting and construction, has moved to politics, where some shoddy companies work to control contracts as their exclusive privilege, as a main contractor, Then the contracts or parts of them are passed back to small contractors or sub-contractors, through which companies reap huge profits without much effort.
According to Al-Tamimi, "In Iraqi politics, some politicians established the theory of selling positions until it became a norm, claiming electoral merit or balancing the components. Large parties seize ministries and share them, and then some of them seek to arrest early by offering them (for sale or rent) during the government's continuation. According to financial estimates set by the two parties based on the size of that ministry, its allocations, and the possibility of its employment and exploitation. LINK
There Is No Fixed Date For The Government Announcement Session, And Protests Are Expected Tomorrow, Tuesday
Posted On2022-10-24 By Sotaliraq Baghdad / Tamim Al-Hassan The coordination framework entered a critical time, as its efforts to form the new government began to intersect with the expected date of the protests tomorrow, Tuesday.
More than 10 days have passed since Muhammad Al-Sudani was appointed, while there is still no fixed date for determining the session for the new government to gain the confidence of Parliament.
The government's announcement disrupts complex problems between the political forces and the Sudanese on the one hand, and between the blocs among themselves on the other hand, and competition for names and the representation of governorates in the expected booth.
Because of the points system, or what is known as “electoral weight,” more than 10 currents within the “framework” alone may be denied representation.
The coordinating framework - after Al-Sudani received on October 13 the letter of assignment to form the government - was optimistic about the date of announcing the new cabinet before it retreated due to the intensity of competition for positions.
It seems that the "framework" has retreated for the second time from the date of the parliament session, which was expected today, Monday, and according to deputies that the session may be held at the end of the week.
Aref Al-Hamami, a representative of the state of law, said in an interview with Al-Mada: "We still hope to hold the session today, Monday, but it may be postponed to Tuesday, Wednesday, or even Thursday."
Meanwhile, a group of Tishreen movement activists issued a statement announcing that they would go out to the street tomorrow, Tuesday, which the coordinating framework was avoiding and tried to pass the government before that date.
A video statement by that group indicated that it would organize "big" demonstrations on October 25 in all governorates, noting that the goal was to remove the "corrupt political class" and form a "salvation government."
Sunni rivalry
Al-Sudani, in turn, according to political sources who spoke to Al-Mada, failed to convince the Azm Alliance, which he visited last Sunday, to put an end to the dispute over the Ministry of Defense.
According to the sources, the dispute spread to the Ministry of Planning, which is likely to be entrusted to the two sides of the Sunni representation "Azm" or the Sovereignty Alliance (Al-Halbousi and Al-Khanjar).
In a scene showing the expansion of competition, Yahya al-Muhammadi, spokesman for the "Sovereignty", sent a message to their competitors from the same component, talking about representing governorates this time.
Al-Mohammadi addressed the deputies of "Azm" in a statement yesterday, saying: "Brothers and sisters, the leadership and members of the Azm Alliance (...) we are keen, and we are still with you, that the geographical distribution is present in the criteria for the nomination of ministers within the Sunni entitlement in the ministerial cabinet."
He added in the letter: “Therefore, we call upon you to do this, and to have Nineveh Governorate represented in your ministerial entitlement, as the number of Nineveh Governorate deputies within your coalition is (9) deputies (…) We would also like to inform you that we will also commit to representing Nineveh’s deputies and their number is (9) Within our alliance with ministerial merit.”
The Sunni forces have less than 80 seats, divided between sovereignty (about 60 seats) and the Azm alliance (13 seats).
According to the points system (one point equals two seats), the Sunni forces deserve 3 sovereign ministries and 6 service ministries.
On the ground, however, there are only 6 sovereign ministries (the sovereign is 10 and the service is 8), which are (defense, interior, foreign affairs, finance, oil, and planning), and we are supposed to half of them (3 ministries) to the Shiites.
According to this system, the wing of Parliament Speaker Muhammad al-Halbousi within the "sovereignty" has 45 seats, of which 30 seats were used for the latter's position (the Speaker of Parliament 15 points), the remainder has 15 seats and one sovereign ministry and 2 services are guaranteed to him.
As for the Khamis al-Khanjar team (the Sovereignty), it owns 14 seats that it has not used so far, and it is assumed that it will obtain a sovereign ministry (which it may give up in exchange for another position) and 2 services as well.
On the other hand, the Azm alliance won 13 seats that it has not used so far. It also deserves a sovereign ministry and 2 service ones.
According to Azm's vision, it deserves two sovereign ministries more than Progress, because the latter has obtained the position of Speaker of Parliament.
According to the leaks about the division so far, it is assumed that a "progress" movement has won the Ministry of Planning and Industry, and an alliance of determination on education and defense.
As for the dagger team, it may relinquish the sovereign ministry and retain the Ministry of Commerce, or replace its entire share with the position of Vice President of the Republic (equivalent to 20 seats)
According to the political sources, there is a difficulty in determining the points that determine (electoral weights), and the coordinating framework had given the Sudanese the freedom to choose ministers on condition that those weights be preserved.
Shia weights
Within the coordination framework, only two currents out of 15 in the Shiite bloc get positions, especially after deducting 5 seats from most Shiite forces at the expense of choosing Al-Sudani.
These forces agreed that the prime minister-designate would be the candidate for all of the "framework." According to the points system, the weight of this position is 30 seats.
On this basis, the rule of law (38 seats) became 33 after deducting 5 seats at the expense of Al-Sudani. It may obtain a sovereign ministry and 3 service ones: oil, agriculture, sports, youth, and education, and part of it may be replaced by the position of Vice President of the Republic.
As for the Al-Fateh coalition (26 seats out of 31 after calculating the Sudanese points), it may not obtain any sovereign ministry and will be given 4 ministries, especially since there are independents who may join the coalition and the number of seats will increase, and the nominated ministries are: Labor, Communications, Transport, and Water Resources .
It is likely that most of the positions within the Fatah coalition will go to the Badr Organization (14 seats), while the shares of the rest of the coalition components are not known. They are: Sadiq (Qais Khazali) and she has 9 seats, Sanad Gathering (Ahmed al-Asadi) has 7 seats, and the Supreme Council has one seat. .
On the other hand, there is the National State Forces Alliance, which has 11 seats (Al-Hakim 9 MPs and Al-Abadi 2 MPs), 5 of which were used (Al-Sudani’s candidacy account).
In addition to the National Contract Alliance (Faleh al-Fayyad), which has two seats after deciding 5 seats, the alliance consists of Ataa (5 deputies), the Iraqi Stability Party and the Reform Movement, one representative for each party.
The coordinating framework also includes Tasmeem Alliance (7 seats, two seats after the deduction of the Sudanese position), the Independent Iraq Alliance (14 seats, 9 seats after the deduction), and the Rights Movement (6 seats, one seat after the deduction).
In addition to the Euphrates Movement headed by the person in charge of forming the government and won 3 seats in the elections, the Wafa Movement (Adnan Al-Zorfi) won two seats, and about 3 other parties got one seat.
On the other hand, there are still two sovereign ministries and 2 service ministries that may go to the Shiites as well (they have not been distributed so far), which are: the Interior, Finance, Health, and Electricity, while there is conflict about acquiring the Sadrist movement’s share in the government or freezing it in the hope of the return of the movement’s leader Muqtada al-Sadr. about the decision to retire.
Kurdish quotas
As for the Kurdish forces, the problem lies in PUK President Bafel Talabani's acknowledgment that his party is a candidate for the president of the republic, which caused the "Union" to lose 30 seats, which is more than all the party's 20 seats that it won in the last elections.
The National Union Party had announced on the eve of the election of Abdul Latif Rashid that its only candidate for the presidency is Barham Salih, before Talabani backtracked and announced that the first was their candidate from the beginning.[/size]
On the other hand, the Kurdistan Democratic Party has not yet used any of its 31 seats, and a candidate for the ministries of Foreign Affairs, Reconstruction, and Justice.
As for the Christian forces, the Babylon Movement, which is allied with the coordination framework, it may obtain the Ministry of Immigration.
There were discussions within the political forces to dismantle previously merged ministries, such as the environment, which recently separated from education (it is not yet known from the share of any party), and reviving others canceled such as human rights and women to increase points, as well as the positions of deputies of the presidents of the republic and ministers, and the creation of ministries State (a minister without a ministry). LINK
Al-Sudani To A European Delegation: My Priorities Are To Form A Strong Government Capable Of Facing Challenges
Political | 05:06 - 23/10/2022 Baghdad - Mawazine News Prime Minister-designate Muhammad Shiaa Al-Sudani received, on Sunday, the European Union Ambassador to Iraq, Filiya Variola, the head of the European Union advisory mission, Andreas Vibari, and the accompanying delegation.
A statement by Al-Sudani's office said, "Mawazine News" received a copy of it, that "the meeting dealt with strengthening relations between Iraq and the European Union to achieve the aspirations and interests of Iraq and the European Union countries."
Al-Sudani stressed during the meeting, that "the priorities of his work is to form a strong government capable of facing challenges, the most important of which are economic, and addressing poverty, unemployment, poor services and corruption, expressing Iraq's aspiration to strengthen its relations with the countries of the world in a way that preserves and achieves the interests of Iraq and its people."
For his part, "the European delegation stressed the continuation of the Union's support for the sovereignty and territorial integrity of Iraq, and the importance of strengthening the emerging democracy in Iraq." Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=209035
Some "Monday News" Posted by Samson at KTFA 10-24-2022
KTFA:
Samson: The Lebanese Central Bank stops buying dollars through its own platform
23rd October, 2022
The Central Bank of Lebanon announced, on Sunday, that it will stop buying dollars through its own platform (exchange) from Tuesday, until further notice.
A statement issued by the Governor of the Banque du Liban, Riad Salameh, and published by the National News Agency, added that he will continue to pay public sector pensions in US dollars, noting that "withdrawals of the 400 dollars will continue to holders of bank accounts."
Salameh's decision, after the Lebanese pound hit its lowest level against the dollar in the parallel market, comes at a time when the political crisis in the country is deepening, which prevents reaching any reforms capable of extricating it from the chronic economic collapse. The dollar is sold in the parallel market for about 40,000 pounds.
KTFA:
Samson: The Lebanese Central Bank stops buying dollars through its own platform
23rd October, 2022
The Central Bank of Lebanon announced, on Sunday, that it will stop buying dollars through its own platform (exchange) from Tuesday, until further notice.
A statement issued by the Governor of the Banque du Liban, Riad Salameh, and published by the National News Agency, added that he will continue to pay public sector pensions in US dollars, noting that "withdrawals of the 400 dollars will continue to holders of bank accounts."
Salameh's decision, after the Lebanese pound hit its lowest level against the dollar in the parallel market, comes at a time when the political crisis in the country is deepening, which prevents reaching any reforms capable of extricating it from the chronic economic collapse. The dollar is sold in the parallel market for about 40,000 pounds.
Since the fall of 2019, Lebanese banks have imposed strict restrictions on deposit withdrawals, which have increased little by little, until it has become almost impossible for depositors to dispose of their money, especially those deposited in US dollars, or transfer it abroad.
Since the summer of 2019, the lira has lost nearly 95 percent of its value against the dollar, while the official exchange rate is still fixed at 1507 liras. This coincides with a severe liquidity crisis, and banks have stopped providing depositors with their money in dollars. Banks and money transfer companies have different exchange rates.
The prolonged economic crisis is considered the worst in Lebanon's history. It is accompanied by political paralysis that prevents taking reform steps that limit the deterioration and improve the quality of life of the population, more than eighty percent of whom live below the poverty line. LINK
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Samson: Samson: Rishi Sunak elected leader of the Conservative Party and Prime Minister of Britain
24th October, 2022
Rishi Sunak won the leadership of the British Conservative Party, today, Monday, to be the Prime Minister of Britain as the party's candidate to succeed Liz Terrace.
Sunak's victory came after both Benny Mordaunt and former Prime Minister Boris Johnson withdrew from the competition.
Mordaunt was unable to get the support of enough party members in parliament, while Sunak was able to get the support of more than half of the party's 357 members, according to the BBC.
Sunak served as Finance Minister in the government of Boris Johnson from February 2020 to July 2022.
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Samson: In Karbala.. they sell a bank building and the amount disappears.. and the manager rents a building for him for 80 million annually
24th October, 2022
Sources, 10-24-2022, who are familiar with the agendas of the local government in Karbala, revealed the sale of a bank building in Karbala, so that the bank settled in a rented office.
Message text.
Influential parties sold a bank building in Karbala, while the amount of the deal (7 billion dinars) is not known where his fate is.
In a clear fraud, a new building for the bank was not purchased, and instead a building was rented at a cost of 80 million annually, without the expenses of its rehabilitation and the purposes of the bank. This is a disaster.
Where is the integrity and public prosecution of this obvious theft? LINK
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Samson: Because of the weather and the Ukraine crisis, the price of a barrel of oil is expected to reach $120
24th October, 2022
The economic expert and specialist in the field of energy, Bilal Al-Khalifa, said that wars and political crises, especially the Russian-Ukrainian war, and the events that accompanied that crisis portend further military escalation, representing a main factor for the rise in oil prices during the coming periods, indicating that targeting the gas pipeline “Al-Noord” Stream" represents another main factor for the occurrence of spikes in oil prices, especially with the entry of the "old continent" into the winter season and its growing needs for fuel
Al-Khalifa explained, “OPEC Plus production is usually very influential in the price of a barrel of oil, and we have seen during the days of the Corona pandemic crisis how it dealt with the significant drop in the price of oil by reducing production that revived the oil market,” noting that “the recent OPEC + decision It represents a clear indication of another rise in oil prices during the winter periods," according to the official "Al-Sabah" newspaper
Al-Khalifa suggested, “The current selling prices of oil will be increased by about five dollars, and therefore the price will range between 90-100 dollars, but in the event of storms and hurricanes in the places where oil production areas are located, it may rise by two dollars or more for limited days,” expecting that “a rise in the pace of the war between the Russians and NATO will lead to the price of a barrel of oil reaching more than $120 in the coming periods LINK
Samson: Is Iraq exploiting the wealth of minerals instead of oil?
23rd October, 2022
Iraq possesses many mineral wealth other than oil, but due to the political and security situation, the Iraqi governments have not succeeded in investing these wealth and relying on oil, which constitutes the main source of the budget of more than 95%.
The information indicates that Iraq occupies the first reserve in the world of sulfur and the second reserve after Morocco of phosphate.
According to previous geological reports and surveys, Iraq has very important mineral wealth, concentrated in several areas and with very large reserve stocks, according to Al Jazeera Net.
Phosphate is found in large quantities in the western regions of the country and mainly in Anbar Governorate. It is also found in Nineveh, Wasit, Najaf and Muthanna, and the volume of reserves is estimated at 10 billion tons.
The Rawabet Center for Research and Strategic Studies says that Iraq is a country rich in its diverse mineral wealth, which is spread in many governorates, noting that Anbar Governorate is the richest in the field of mineral wealth.
According to the Iraqi General Phosphate Company, recent surveys revealed the availability of huge and confirmed reserves of phosphate amounting to two billion tons, confirmed and untapped, with unconfirmed quantities that may exceed 7 billion tons.
As for iron, its presence is particularly concentrated in Anbar, where the underground reserve is estimated at 60 million tons. Anbar also enjoys a large reserve of uranium in the Akashat region within the formations of the phosphate layers in the Western Desert.
And the mineral wealth in Anbar does not stop there, as silica is concentrated in the Western Desert region, and appears in the form of layers of white sand, where the reserve is about 75 million tons. As for the yellow-gold mineral, it is found in Anbar and Nineveh, while huge amounts of sulfur are concentrated in Anbar, Salah al-Din and Nineveh, and reserves are estimated at more than 600 million tons.
Going to sodium sulfur, it spreads in Salah al-Din Governorate, and the general reserve of it is estimated at 22 million tons. As for quartzite, it is spread in the Al-Rutba region in Anbar, and its reserves are estimated at 16 million tons.
While celestite (strontium sulfur) is widespread in Najaf and Karbala, where it appears in the form of sandy rock lenses, the country's reserves are estimated at about 0.8 million tons of untapped.
As for glass, its presence is concentrated in Anbar Governorate in the form of shiny surface sand in the plains and plateaus, and the quantities of it are estimated at about 400 million cubic meters, while lead is found in the governorates of Dohuk and Sulaymaniyah in the Kurdistan Region in the form of sedimented carbon rocks, and the volume of the reserve is estimated at more than 50 million tons.
Statistics indicate the presence of dolomite in Anbar and Muthanna, where the country's reserves are estimated at 330 million tons.
As for gypsum, it is concentrated in Nineveh, Kirkuk and Salah al-Din, and its reserves are estimated at 130 million tons. As for lime, it is found in Anbar, Muthanna, Najaf, Nineveh and Kurdistan, and its reserves are estimated at about 8 thousand million tons, while silver is found in the areas of Iraqi Kurdistan within volcanic rocks.
Bauxite is concentrated in Anbar, the reserve of which is estimated at about one million tons, while the feldspar sands are concentrated in Najaf Governorate, the reserve of which is estimated at about 2.3 million tons.
Quartz is concentrated in Anbar and the city of Faw located on the waters of the Arabian Gulf in Basra, where reserves are estimated at 855 million cubic metres. Copper is found in Sulaymaniyah Governorate, and estimates of its volume vary between 10 and 20 million tons. LINK
Iraqi News Highlights Monday AM 10-24-22
Iraqi News Highlights Monday AM 10-24-22
Tlm724 Administrator Bondlady’s Corner
Documents .. Parliamentary Move To Reduce The Exchange Rate Of The Dollar
A number of deputies demanded the Presidency of Parliament to include a paragraph "reducing the dollar exchange rate and gradually returning it to the previous exchange rate" in the agenda of the next session of the House of Representatives.
In The Document.. Parliamentary Signatures To Restore The Dollar Exchange Rate
Baghdad / NINA / - Representative Hamid Al-Shiblawi announced the collection of parliamentary signatures to gradually restore the exchange rate of the dollar against the Iraqi dinar to what it was.
Iraqi News Highlights Monday AM 10-24-22
Tlm724 Administrator Bondlady’s Corner
Documents .. Parliamentary Move To Reduce The Exchange Rate Of The Dollar
Political | 01:19 - 10/24/2022 Baghdad - Mawazine News
A number of deputies demanded the Presidency of Parliament to include a paragraph "reducing the dollar exchange rate and gradually returning it to the previous exchange rate" in the agenda of the next session of the House of Representatives. https://www.mawazin.net/Details.aspx?jimare=209105
In The Document.. Parliamentary Signatures To Restore The Dollar Exchange Rate
Monday 24 October 2022 12:48 | Economic Number of readings: 296
Baghdad / NINA / - Representative Hamid Al-Shiblawi announced the collection of parliamentary signatures to gradually restore the exchange rate of the dollar against the Iraqi dinar to what it was./End of 9 https://ninanews.com/Website/News/Details?key=1009581
Al-Sudani: The Next Government Will Attach The Utmost Importance To Providing An Investment Environment
Money and business Economy News-Baghdad Today, Monday, Prime Minister-designate Muhammad Shia Al-Sudani stressed the need for Iraq to strengthen partnership with countries of the world to benefit from its experiences in building and developing capacities for the economic and educational sectors.
A statement by the media office of the Prime Minister-designate stated, "The Prime Minister-designate, Muhammad Shiaa Al-Sudani, received the Ambassador of the Republic of South Korea to Iraq, Joy Song Soo," noting that "they discussed strengthening bilateral relations between the two countries."
Al-Sudani explained during the meeting that "the next Iraqi government will attach great importance to providing and maintaining the investment environment in Iraq, and providing adequate protection for Korean and international companies from any attempts to obstruct their work, and this is the duty of the state exclusively."
He stressed that "Iraq's need to strengthen partnership with countries of the world to benefit from its experiences in the fields of building and developing capacities for the economic and educational sectors, especially with countries that have successful experiences in those fields."
For his part, the Korean ambassador conveyed "the greetings of the Korean government and its wishes for success for the efforts of the Sudanese to form a government aimed at serving the Iraqis."
Views 113 Added 10/24/2022 - 1:04 PM Update 10/24/2022 - 5:09 PM
https://economy-news.net/content.php?id=30376
The Minister Of Finance Is An Agency That Issues Directives On The Work Of Government Banks
Minister of Finance, Hayam Nemat Mahmoud Agency, stressed the importance of strengthening joint cooperation between banking institutions.
The ministry said in a statement, "The Agency's Minister of Finance, Hiyam Neamat Mahmoud, chaired at the ministry's headquarters an expanded meeting that included the general managers of Iraqi government banks, regarding the mechanisms of banks' work and the obstacles they face."
The Minister of Finance stated that "the banking sector has witnessed a set of challenges, variables and exceptional circumstances, the most important of which is the Corona pandemic, which has cast a shadow over the whole world and the accompanying economic downturn, especially in oil-exporting countries," adding that "in spite of that, the government banking sector was able to commit to providing requirements Supporting the national economy and avoiding the negative effects of economic repercussions and international conflicts.
And she stressed "the importance of strengthening joint cooperation between banking institutions, and understanding a common strategy, to improve and develop the Iraqi banking sector, and enhance its role in the local and international banking arena."
She pointed out, "The need to strengthen the role of Iraqi banks through the development of executive mechanisms and comprehensive action plans, which serve the strategic objectives of the banking sector, which are centered towards the stability and balance of the local economy."
https://www.radionawa.com/all-detail.aspx?jimare=31804
Telecom Opens The International Access Gates Project And Counts Its Advantages / Expanded
Monday 24 October 2022 14:52 | political Number of readings: 159
Baghdad / NINA / - The Ministry of Communications inaugurated today, Monday, the project of international access gates to the Internet, under the supervision of the General Company for Communications and Informatics and in cooperation with the Middle Communications Company.
The Minister of Communications, Engineer Arkan Al-Shaibani, said in a press conference after the opening ceremony of the project, that "this project is strategic and important for the telecommunications sector in Iraq, after the capacities were exposed to smuggling and piracy operations in dollars."
He explained, "International access gates is an important project that was supposed to be implemented since 2007, because of the presence of IP and the Internet, meaning there are access gates, and Iraq was at the bottom of the countries of the world because it is the only one that does not have a regular access gate."
He added, "We contracted with major international companies that established these systems in all border areas, and also in one of the regions we found six other stations and took control of the management of other stations, and thus ended the smuggling operations that we fought through shock operations, and we went far to track towers and cables, But it was a very primitive method, and now we have bypassed that by electronic control."
The Minister of Communications stressed, "The project is a regulatory system to prevent smuggling, and it will also achieve additional funds for the telecommunications sector, as within a short period, an improvement in the speed of the Internet has been achieved, from 138th globally, and now at 42nd, meaning we have advanced 96 ranks, which is a qualitative leap in the telecommunications sector." We also achieved significant revenues by returning 134 billion dinars to the Ministry of Finance, 10 billion dinars to the province of Dhi Qar, and 5 billion dinars to the province of Najaf."
He explained, "The access gates fight smuggling and reduce piracy operations, as well as monitoring the issue of dpi and controlling the apparent chaos in social networking sites, pages and fake sites, as well as achieving greater benefit in ensuring large financial revenues for the state, because within one year we were able to pay 134 billion dinars." to the state budget.
He continued, "The Internet speed is different between companies, reaching 150_100 megabytes, and this is what made Iraq's ranking 42 globally in successive stages," noting that "after operating the "Viber to Home" project and entering the implementation phase within six months to a year, we expect it to be Iraq is ranked among the top 20 countries in the world.
He added, "The totality of the advantages is that it is not only the Internet service, but there will be control and development for all content in general, from programs and applications of Netflix and Showtime, and everything that the Iraqi citizen needs at the same price as the Internet service."
https://ninanews.com/Website/News/Details?Key=1009619
Planning Prepares To Launch A New Poverty Reduction Strategy
Economy News – Baghdad The Ministry of Planning is preparing a new strategy to reduce poverty for the next five years, starting from 2024 to 2028, stressing that it targets housing, health, education, income, food, services and others.
The ministry's spokesman, Abdul-Zahra Al-Hindawi, said that "his ministry, through its Central Statistics Agency, and in cooperation with the World Bank, will carry out a social and economic field survey for the family in Baghdad and all governorates, including the Kurdistan region, in preparation for launching its third strategy to reduce poverty."
Al-Hindawi added in an interview with the official "Al-Sabah" newspaper, that "this survey will provide new data on the reality of poverty and its concentration, as well as the poorest governorates," noting that "through these outputs, the strategy will be enhanced with important inputs."
He stressed, "The ministry, in its work, will take into consideration the reality, challenges and repercussions that the country has witnessed in previous years," noting that "the ministry has contracted with a number of specialized graduates and researchers to train them to implement this survey in the field, and that the ministry's cadres are not enough to work alone, and that the central apparatus Statistics is directly concerned with management and implementation.
Al-Hindawi pointed out that "the strategy will study poverty in its various dimensions, not as some believe by linking it to income only," noting that it "targets housing, health, education, income, food, services and others." 3 . views Added 10/24/2022 - 4:57 PM Update 10/24/2022 - 5:05 PM
https://economy-news.net/content.php?id=30381
Finance Holds A Meeting With Bank Managers.. This Is What Was Discussed
Economie| 05:48 - 23/10/2022 Baghdad - Mawazine News On Sunday, the Ministry of Finance held an expanded meeting on government banks in the country.
A statement by the ministry, which Mawazine News received a copy of, stated, "The Minister of Finance, Hayam Nemat Mahmoud Agency, chaired, at the ministry's headquarters, an expanded meeting that included general managers of Iraqi government banks, regarding the mechanisms of banks' work and the obstacles they face.
The Minister of Finance added, according to the statement, that" the banking sector He witnessed a set of challenges, variables and exceptional circumstances, the most important of which was the Corona pandemic, which cast a shadow over the whole world and the accompanying economic downturn, especially in the oil-exporting countries, adding that “in spite of that, the government banking sector was able to commit to providing requirements to support the national economy and spare it the negative effects of economic repercussions and conflicts.” International".
The minister stressed "the importance of strengthening joint cooperation between banking institutions, and understanding a common strategy, to improve and develop the Iraqi banking sector, and enhance its role in the local and international banking arena."
The minister also pointed to "the need to strengthen the role of Iraqi banks through the development of executive mechanisms and comprehensive action plans, which serve the strategic objectives of the banking sector, which revolve around the stability and balance of the local economy." Ended 29/R77
https://www.mawazin.net/Details.aspx?jimare=209038
Brent Crude Drops To $93.10 A Barrel
Economie| 09:03 - 10/24/2022 Mawazine News - Oil prices fell, Monday, after China released trade data that showed demand in the world's largest importer of crude remained weak in September as strict COVID-19 policy and fuel export restrictions reduced consumption.
Brent crude futures for the December settlement were down 40 cents, or 0.4%, at $93.10 a barrel by 03:40 GMT after rising 2% last week.
The price of US West Texas Intermediate crude for December delivery was $84.66 a barrel, down 39 cents, or 0.5%. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=209071
To read more current and reliable Iraqi news please visit BondLady’s Corner:
MilitiaMan Monday Afternoon "Expectations Are Looking Very Promising" 10-24-2022
KTFA:
MilitiaMan: Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency publicly. 1190 was not a previous official rate. The demonstrators are getting antsy.. I would think that the Gov is on notice... Get seated or get left out.. imo.. The latter would not be pretty.. ~ MM
Samson: Parliamentary direction to gradually restore the dollar exchange rate
24th October, 2022
A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate.
KTFA:
MilitiaMan: Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency publicly. 1190 was not a previous official rate. The demonstrators are getting antsy.. I would think that the Gov is on notice... Get seated or get left out.. imo.. The latter would not be pretty.. ~ MM
Samson: Parliamentary direction to gradually restore the dollar exchange rate
24th October, 2022
A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate.
A member of the Parliamentary Integrity Committee, Hamid Al-Shiblawi, said, according to an official document obtained by Shafak News Agency, entitled "Reducing the dollar exchange rate", that "due to the repercussions of the rise in the exchange rate of the dollar against the dinar, which negatively affected the economic situation of the Iraqi family, which burdened the citizen."
Especially those with low incomes. We, members of the attached list, ask the Presidency of the House of Representatives to include a paragraph to reduce the dollar exchange rate and gradually return it to the previous exchange rate within the work schedule of the next session in the public interest.
The list showed the signatures of 40 deputies so far.
It is noteworthy that the Central Bank of Iraq, on December 19, 2020, officially announced the amendment of the foreign currency exchange rate (the US dollar) to be 1450 dinars, instead of 1200 dinars, for every 100 dollars, according to the state’s general budget for the year 2021 approved by the House of Representatives. .
As a result, according to specialists, the annual inflation in Iraq has risen significantly, so that all prices of materials and goods in the Iraqi market have risen significantly, which has sparked a wave of strong resentment among the popular circles, as well as the objections of some interested in economic affairs.
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Samson: Ihsan Al-Shammari: The Sudanese government will be devoid of independents and will be consensual between the parties
24th October, 2022
Head of the Center for Political Thinking, Ihsan Al-Shammari, confirmed: "The government of Muhammad Al-Sudani will be devoid of independent ministers and will be consensual between the parties."
Al-Shammari said in a statement to the National Iraqi News Agency ( NINA ): "Al-Sudani will choose from the lists of names of candidates for the parties, personalities for the ministries according to special criteria that can implement his government program," pointing out: "Independents and technocrats are all slogans that were in the formation of previous governments because the ministers were of the political parties.
He explained that: "There is currently a scramble and competition between political parties over ministries and their monopoly, and this matter ends after the formation of the government, so that the Prime Minister-designate faces internal challenges, most notably services, unemployment, uncontrolled arms, corruption, poverty, economic, security, and external aspects and his relations with countries, most notably the balance that he must leave, because the world sees Iraq as an important country and it must take its part," he said.
He pointed out: "The biggest challenge for the Sudanese government is to implement a government program that meets the aspirations of the Sadrist street and with more than half of its demands. Otherwise, the Sudanese will be angry in front of the Sadrist Street."
Al-Shammari continued: "The Sudanese must also deal with the emerging parties and the Octoberists and their demands in a different form and vision from the previous one." LINK
MilitiaMan: Like I said.. The street wants their constitutional entitlements... They are not even quiet about it. There is talk of politicians in the Green Zone being extricated out if there is not sufficient reforms.. Extradition out of the Green Zone, is likely not something anyone would want. Might be deserved though.. ~ imo ~ MM
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Samson: Iraqi Telecom inaugurates the "International Access Gates" project and announces the achievement of a "qualitative leap" and the recovery of hundreds of billions
24th October, 2022
The Iraqi Ministry of Communications opened on Monday the "international access gates" project, which it described as "strategic and important", declaring at the same time achieving a "qualitative leap" in the communications sector and recovering hundreds of billions of dinars.
The Minister of Communications, Arkan Al-Shaibani, said in a press conference attended by Shafak News Agency correspondent, on the sidelines of the opening of the project, that "the opening of today's project is strategic and important for the communications sector in Iraq," noting that "the project was supposed to be implemented since 2007."
He continued, "We have contracted with major international companies that have established these systems in all border areas," pointing out that "six stations have been seized in one of the border areas and an end to smuggling operations."
Al-Shaibani explained that "the project will prevent smuggling and will achieve additional sums for the telecommunications sector, as we have achieved a development in the speed of the Internet and jumped in the global ranking to 42nd after we were in 138th, meaning that we advanced 96 ranks, which is a qualitative leap in the telecommunications sector, and we also achieved great revenues and restored 134 one billion dinars to the Ministry of Finance, 10 billion to Dhi Qar Governorate, and 5 billion to Najaf.
And the Minister of Communications continued, "The access gates fight smuggling, reduce piracy and control the apparent chaos in social networking sites, pages and fake sites, as well as achieve greater benefit in ensuring large financial imports, and within one year we were able to pay 134 billion to the state's general budget."
He pointed out that "the speed of the Internet varies between companies, reaching 150_100 megabytes, and this is what made Iraq's ranking 42 globally in stages, and after operating the "Viber to Home" and entering the implementation phase and within 6 months to a year, I expect that Iraq's classification will be among the first 20 countries globally."
For his part, Director of Al-Awsat Telecom, Mazen Ali Hassouni, said during the opening conference, "The project of international access gates to the Internet contribute to building the nation. It is not hidden from everyone that the telecommunications sector is important and more vital and represents the artery of other sectors, and that the percentage of profits in the telecommunications sector is constantly increasing."
He explained that "the Internet sector in Iraq is an integrated and modern project to control capacities through telecommunications infrastructure, from international providers to local providers." He pointed out that "the Internet portals project covers all Iraqi governorates and with major sites for operation and capacity limits, it is based on controlling Internet capacities and limiting any illegal operation while providing high Internet capacities." LINK
MilitiaMan: Expectations are looking very promising... Imagine the revenues when all is up an running at full speed.. Amazing it will be and is starting out now.. imo ~ MM
Samson: Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate
24th October, 2022
The representative of the Sadiqoon bloc, Suhaila Al-Sultani, announced today, Monday, the hosting of the Governor of the Central Bank and the Minister of Finance in order to reduce the exchange rate of the dollar against the Iraqi dinar.
Al-Sultani said, according to the media of her bloc, that "the signatures of more than 50 deputies were collected to host the governor of the Central Bank and the Minister of Finance in the new government in order to put pressure on reducing the exchange rate, even if it was in stages or gradually."
She added, "The exchange rate must be reduced because of the difficult standard of living that the Iraqi people are experiencing now and the high rate of poverty," stressing that "the representatives who signed the exchange rate cut will present a successful financial policy on which global policies are based."
And she added, "All deputies and political blocs are determined to reduce the exchange rate, and the number of deputies who signed will increase in the coming days."
A number of deputies had announced, earlier today, the collection of parliamentary signatures from all political blocs in order to work to reduce the exchange rate of the dollar. Raising the price of the dollar in a year.
MilitiaMan: They CBI Governor and the Finance Minister hosted a meeting on the exchange rate change. The call to get 50 signatures for reduce the exchange rate back to an official rate have been collected. The exchange rate change is on the table within days apparently.. It is the Governments job to issue currency and it is the CBIs job to issue an exchange rate with the approval of the Finance Ministry.... The amount of data out today on this matter is awesome.. imo ~ I like it.. ~ MM
-----------------------------------
Article 110
The federal government shall have exclusive authorities in the following matters:
First. Formulating foreign policy and diplomatic representation; negotiating, signing,
and ratifying international treaties and agreements; negotiating, signing, and
ratifying debt policies and formulating foreign sovereign economic and trade
policy.
Second. Formulating and executing national security policy, including establishing and
managing armed forces to secure the protection and guarantee the security of
Iraq's borders and to defend Iraq.
Third. Formulating fiscal and customs policy; issuing currency; regulating commercial
policy across regional and governorate boundaries in Iraq; drawing up the
national budget of the State; formulating monetary policy; and establishing and
administering a central bank.
Fourth. Regulating standards, weights, and measures.
https://www.constituteproject.org/constitution/Iraq_2005.pdf?lang=en
----------------------------------------------------------------------
MilitiaMan: In addition... Look at the amounts of assets Iraq has. Not to mention the new electronic system in place is returning 100s of billions of dinars... All of this supports massive value for the exchange rate change success.. imo ~ MM
-----------------------------------------
Is Iraq exploiting the wealth of minerals instead of oil? LINK
------------------------------
Iraqi Telecom inaugurates the "International Access Gates" project and announces the achievement of a "qualitative leap" and the recovery of hundreds of billions LINK
************
Samson: Will the price of the dinar change against the dollar?
24th October, 2022
Today, with the political changes, the theory of restoring the exchange rate of the dinar against the dollar has come to mind, and is there a possibility of restoring the exchange rate.
"Despite the fact that the issue of raising the price of the dinar against the dollar is a popular demand as a result of its connection to high rates of inflation, although the price change was not the only factor in increasing inflation, now the public will put strong pressure on the political parties that have long called for the necessity of raising the price of the dinar against the dollar and returning to the price the old."
MilitiaMan: See what I mean. We can all see that returning to the old price is the same as the past official exchange rate. They printed new money in 2018, they imo have distributed new money to where it will be needed internally and externally and the last part of the reforms is to seat the government cabinet so that there is legitimacy to the new government whereby, they can "issue" the new money on the books imo.. There is a difference between distribution and issuance. The latter part is where the exchange rate gets applied. imo. ~ MM
Hyperinflation: Its Causes and Effects With Examples
Hyperinflation: Its Causes and Effects With Examples
Could You Survive Hyperinflation?
By Kimberly Amadeo Updated on July 20, 2022
Hyperinflation occurs when the prices of goods and services rise more than 50% per month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon.
Hyperinflation is very rare. In 2022, the U.S. has experienced heightened inflation; as of May 2022, consumer prices have risen around 8% year-over-year.1 Although this uptick is alarming, and indeed has had serious consequences for many Americans, it is a long way off from hyperinflation.
Hyperinflation: Its Causes and Effects With Examples
Could You Survive Hyperinflation?
By Kimberly Amadeo Updated on July 20, 2022
Hyperinflation occurs when the prices of goods and services rise more than 50% per month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon.
Hyperinflation is very rare. In 2022, the U.S. has experienced heightened inflation; as of May 2022, consumer prices have risen around 8% year-over-year.1 Although this uptick is alarming, and indeed has had serious consequences for many Americans, it is a long way off from hyperinflation.
The severity of cost increases distinguishes it from the other types of inflation. The next worst, known as galloping inflation, sends prices up 10% or more per year.
Causes of Hyperinflation
Hyperinflation has two main causes: an increase in the money supply and demand-pull inflation. The former happens when a country's government begins printing money to pay for its spending. As it increases the money supply, prices rise as in regular inflation.
The other cause, demand-pull inflation, occurs when a surge in demand outstrips supply, sending prices higher. This can happen due to increased consumer spending due to a growing economy, a sudden rise in exports, or more government spending.2
The two often go hand-in-hand. Instead of tightening the money supply to stop inflation, the government or central bank might continue to print more money. With too much currency sloshing around, prices skyrocket. Once consumers realize what is happening, they expect continued inflation. They buy more now to avoid paying a higher price later. That excessive demand aggravates inflation. It's even worse if consumers stockpile goods and create shortages.
Key Takeaways
When prices soar over 50% in one month, the economy is experiencing hyperinflation.
Hyperinflation can be caused by a government that prints more money than its nation’s GDP can support.
Hyperinflation tends to occur during a period of economic turmoil or depression.
Demand-pull inflation can also cause hyperinflation.
Some examples of hyperinflation include Germany, Venezuela, Zimbabwe, and the Confederacy during the Civil War.
Effects of Hyperinflation
When hyperinflation is in effect, consumer behavior adjusts. To keep from paying more for goods tomorrow, people begin hoarding today. That stockpiling creates shortages. Hoarding can start with durable goods, such as automobiles and washing machines. If hyperinflation continues, people hoard perishable goods, like bread and milk. These daily supplies become scarce, and more expensive, and the economy falls apart.
To continue reading, please go to the original article here:
https://www.thebalancemoney.com/what-is-hyperinflation-definition-causes-and-examples-3306097
"Tidbits From TNT" Monday Morning 10-24-2022
TNT:
Tishwash: Iraqi economist: The accounting system in Iraq has been in place since 1942 and must be updated
Economic expert Dr. Safwan Qusay stressed the need to introduce electronic systems into the accounting system that has been in place since 1942, pointing out the importance of linking companies' data to an electronic system that knows all incoming and outgoing.
Qusay said: “There are demands to find a system for restricting government accounts so that the Ministry of Finance is aware of public spending in state departments through electronic connectivity, especially since suppliers, contractors and companies have an identification number issued by the Companies Registrar that shows the volume of transactions that these companies can conduct.” .
TNT:
Tishwash: Iraqi economist: The accounting system in Iraq has been in place since 1942 and must be updated
Economic expert Dr. Safwan Qusay stressed the need to introduce electronic systems into the accounting system that has been in place since 1942, pointing out the importance of linking companies' data to an electronic system that knows all incoming and outgoing.
Qusay said: “There are demands to find a system for restricting government accounts so that the Ministry of Finance is aware of public spending in state departments through electronic connectivity, especially since suppliers, contractors and companies have an identification number issued by the Companies Registrar that shows the volume of transactions that these companies can conduct.” .
He added that "the need has become an urgent need to find a unified data window for the purpose of inquiry and can be used by all parties so that they can control the monetary movement, but the issue is still in the ministries is done manually."
And he indicated that “the responsible authorities did not set a classification for the suppliers and there is no identification number for each supplier, in addition to the lack of supervision by the Companies Registrar Department, as well as the lack of follow-up by the auditors who can check the companies’ accounts and verify the revenues and deductions, and therefore the issue needs to be rehabilitated. The accounting system in place since 1940. link
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Tishwash: Parliamentary direction to gradually restore the dollar exchange rate.. document
A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate.
A member of the Parliamentary Integrity Committee, Hamid Al-Shiblawi, said, according to an official document obtained by Shafak News Agency, entitled "Reducing the dollar exchange rate", that "due to the repercussions of the rise in the exchange rate of the dollar against the dinar, which negatively affected the economic situation of the Iraqi family, which burdened the citizen." Especially those with low incomes.
We, members of the attached list, ask the Presidency of the House of Representatives to include a paragraph to reduce the dollar exchange rate and gradually return it to the previous exchange rate within the work schedule of the next session in the public interest.
The list showed the signatures of 40 deputies so far.
It is noteworthy that the Central Bank of Iraq, on December 19, 2020, officially announced the amendment of the foreign currency exchange rate (the US dollar) to be 1450 dinars, instead of 1200 dinars, for every 100 dollars, according to the state’s general budget for the year 2021 approved by the House of Representatives. .
As a result, according to specialists, the annual inflation in Iraq has risen significantly, so that all prices of materials and goods in the Iraqi market have risen significantly, which has sparked a wave of strong resentment among the popular circles, as well as the objections of some interested in economic affairs.
the text:
to Mr deputy
Bassem Al-Gharabi
The dollar exchange rate was reduced
good greeting
In view of the repercussions of the rise in the exchange rate of the dollar against the Iraqi dinar, which negatively affected the economic situation of the Iraqi family, which burdened the citizen, especially those with limited income,
The members yearn for the signatories - the accompanying list linking together. We demand from the Presidency of the House of Representatives the Louvre to include a paragraph (reducing the dollar exchange rate and gradually returning it to the previous exchange rate) in the work schedule of the next session in the service of the public interest for escorts
Second
A list of the names and signatures of the ladies and gentlemen of the members
Hussein Ali currently
Hamid Al-Shiblawy
1- Dr. Salman link
************
RVAlready: Yes. I think the CBI is ready to release the RV, once the cabinet is released.
RVAlready: Iraq is very simple. They are still essentially tribal and politically territorial. They are simply fighting over which tribe will own which government department, which they will rob for the next 4 years. Nothing strange about it. They do this every time they appoint a new cabinet. There is nothing new this time.
Alf: so controlled larceny?
RVAlready: Yep, I will rob the dod and you will rob the health department.
Yada: Agreed rvalready,,just the drama of making their demands while the dust settles of the Reissue of their currency. The world awaits.
Alf: I don't think the world is about to wait much longer. according to the latest news
RVAlready: No, I don’t think the UN wants to wait. And I think they primarily care about the RV. Probably more than they care about the cabinet.
Yada: Agreed. It like a circuit switch. They, the UN just need it turned on knowing they will control the country from the outside once they are connected. Remember, they were not connected to the work financially so they were manipulating from within. Get ready folks,
Red: sometimes in the future the USA will give to Iraq the nod then we will have our RV
Yada: Keep this in mind folks, there are two events. The first will be the Reissue. And then they may revalue or increase the value from the reissue rate.
9Ball: Yada, how long do you think it will take to go from an RI to a RV ?
Yada: RI is what we are awaiting now. RV,,who knows,, but not waiting for it. RI starts it all for us.
Semperfi01: RI means the reinstatement of the currency at the value that it was when it was taken down plus 10% or so . RV means to not only reinstate it but with a sizeable increase in its value Roughly.
************
Selling ministries is a prevalent political "custom" before the formation of Iraqi governments
The phenomenon happened after investors and businessmen entered the scene to invest their money in governments."
The political forces in Iraq continue their struggles to acquire ministerial portfolios, especially the sovereign ministries, in an auction that was known before the formation of the new government.
A member of the Al-Fateh Alliance, Mahmoud Al-Hayani, revealed that the sale and purchase of ministries has returned to the political front, noting that the price of the Ministry of Defense has reached $75 million.
Al-Hayani said in a press statement that "there are auctions and conflicts between the political blocs over ministerial portfolios and special degrees," noting that "the competition between them amounts to huge sums."
Al-Hayani quoted "informed sources" that "the price of the Ministry of Defense - which is part of the Sunni component - reached 75 million dollars." He explained that "the ministries' price increases according to their importance," noting that "there is a ministry that was sold to more than one person."
Investors are in control
Political researcher Ali Al-Baydar believes that this phenomenon occurred after investors and businessmen entered the political scene to invest their money in governments by granting some political leaders sums of money as a result of giving them certain ministries that are supervised through them and harnessing their resources for their benefit.
"It also happened through financing political projects and electoral campaigns in exchange for compensating them with some ministerial shares when those electoral blocs obtain parliamentary seats," he added.
He continued, the matter was negatively reflected on the performance of ministries and government institutions that were harnessed for the benefit of partisan projects without providing anything for the public interest.
He continued, "The situation continued even with the government of Muhammad Shia Al-Sudani, which has not yet seen the light, and the value of some ministries has reached more than 100 million dollars. This situation is more prevalent within the Sunni blocs than others." All violations that occur in order to reduce corruption and pass certain deals.
Al-Baydar stressed, "There is a clear political and financial servitude. Investors have become the biggest controller in the political scene and through them any deal is passed."
He noted that there is supposed to be a security apparatus specialized in political security, preventing the arrival of any suspicious figure and exposing all corruption deals that take place. He believed that the political process was based on many mistakes, and the accumulation of those mistakes generated a distorted political scene capable of embracing all suspicions.
He added, "Errors are present in all blocs and components, and the process of covering up the error has become a collective case, so it is easy to penetrate any political grouping and pass everything the corrupt want through it."
infection
Selling ministries for millions of dollars is new to the political process after 2003, which the political researcher Nabil Jabbar Al-Tamimi referred to, as in the world of contracting and construction, his infection shifted to politics, where some shoddy companies worked to control contracts as their exclusive privilege, as a main contractor, then Contracts or parts thereof are passed back to small contractors or sub-contractors, through which companies reap huge profits without much effort.
According to Al-Tamimi, in Iraqi politics, some politicians established the theory of selling positions until it became a custom, claiming electoral merit or a balance of components. Large parties seize ministries and share them, and then some of them seek to capture early by offering them (for sale or rent) during the government’s continuation, According to financial estimates set by the two parties, based on the size of that ministry, its allocations, and the possibility of its employment and exploitation. link
Mot: ~~~ how bout sum -- carving tricks ~~~~ pumpkins
Mot: ~~~ Fur that Special Treat! ~~~~spider chip cookies
Sunday Evening Iraq News Highlights 10-23-22
Sunday Evening Iraq News Highlights 10-23-22
With The Deterioration Of Mental Health, Iraq Records High Rates Of Suicide!
science and world 2022-10-21 | 04:00 Source: Sumerian 52 views Mental health is a fundamental human right and is an integral part of health and well-being that underpins our individual and collective capacities to make decisions, make relationships, and shape the world in which we live.
Under the slogan “Make mental health and safety a comprehensive priority for all,” World Mental Health Day was celebrated on the 10th of October.
Sunday Evening Iraq News Highlights 10-23-22
With The Deterioration Of Mental Health, Iraq Records High Rates Of Suicide!
science and world 2022-10-21 | 04:00 Source: Sumerian 52 views Mental health is a fundamental human right and is an integral part of health and well-being that underpins our individual and collective capacities to make decisions, make relationships, and shape the world in which we live.
Under the slogan “Make mental health and safety a comprehensive priority for all,” World Mental Health Day was celebrated on the 10th of October.
This day is considered very important in terms of its concern for the human being and his psychological comfort. It aims to raise awareness, educate and help individuals to enjoy a healthy psychological life, especially after millions of people around the world have been exposed to psychological and mental stress as a result of the outbreak of the pandemic. Corona Beyond 2019.
Also, physical and economic pressures and high unemployment rates in the Arab world in general and inIraqIn particular, it negatively affects the morale of citizens and their mental health. These negative effects take various forms, from increased crime, theft, and even depression and suicide.
Iraq Recorded Two Suicides Per Day Within 4 Months
Confirmed Police Department societal, that Iraq More than two suicide cases were recorded daily, during the first four months of 2022, more than two hundred cases were announced during the mentioned period, while the most prominent groups identified being dragged behind the "phenomenon."
The Director of the Community Police of the Ministry of Interior, Brigadier General Ghaleb Al-Attiyah, said in an interview with Alsumaria news The first four months of 2022 witnessed more than 200 suicides. He added that "the cases vary between different age groups, but the vast majority of them are for adolescents and for different reasons."
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Al-A ttiyah pointed out that "the most prominent reasons that push these groups to commit suicide are the poor financial situation and unemployment, in addition to drug addiction and misuse of social media, as well as domestic violence that claimed most of the suicides."
What is the importance of mental health?
According to the World Health Organization, mental health is a state of psychological comfort that enables a person to face life's pressures, achieve his goals, and serve society in the best possible way.
Mental health affects a person's daily life and this includes social relationships and physical health.
Optimal mental health ensures emotional, psychological and social well-being because it determines how we think, feel and act. They also help determine how we handle stress, interact with others, and make good decisions. In some countries, this day is part of a larger celebration, mental health awareness week. Some tips to take care of mental health and safety
It is noteworthy that the celebration of World Mental Health Day began in 1992 as a result of an initiative by world federation Mental and Mental Health, an organization that includes members from more than 150 countries around the world.
Here are some tips that help to have a good and healthy lifestyle that will positively affect mental health:
• A balanced diet: A balanced diet enhances the energy level and helps the body feel energized. In turn, this can have a profound effect on mental health.
• Exercise: Exercise is as beneficial for the mind as it is for the body. Endorphins and serotonin are released during exercise, which boost mood and also help relieve stress.
• Sleeping better: to maintain a balanced mental health, you must get enough quality sleep. Depression and anxiety, for example, are directly related to lack of sleep.
• Set realistic goals: Define what you want to achieve academically, professionally and personally, and write down the steps you need to achieve your goals. Be realistic and don't overburden yourself. Small accomplishments that you achieve as you progress toward your larger goals can give you a great sense of self-esteem.
• Make time for yourself: Make time to practice your favorite hobbies and projects or expand your horizons. Garden and plant new plants, take swimming or dance lessons, learn to play a musical instrument or learn another language...
• Social Life: People who make time for strong family or social relationships are healthier. Plan activities with family and friends, or find activities where you can meet new people
• Connect with others: Talking to people you trust can help you maintain your mental health. Stay in touch with your loved ones, tell them how you feel and share any concerns you have.
• Try relaxation techniques such as meditation and breathing exercises LINK
From Iraq.. The Largest Collection Of Manuscripts In The Arab World Lies In A Neglected Basement
https://baghdadtoday.news/MediaStorage/GalleryImages/211623.jpg
Article at link https://baghdadtoday.news/ar/news/203876/A
Report: Iraq Is The 3rd In The World Among The Most "Unhappy" Countries And Exposed To Negative Feelings
2022-10-19 | 04:43 614 views Alsumaria News – Iraq Iraq ranked third in the world after Afghanistan and Lebanon, among the countries most exposed to negative emotions, according to a recent report by the American Gallup Foundation.
A report showed Gallup Feelings 2022, an increase in the global rate of unhappiness, after a historical number was recorded in the measurements of public opinion regarding the feelings of pressure, sadness, anger, anxiety and physical pain that people suffer daily.
The report, which was based on interviews about 127,000 individuals in 122 countries, revealed that a large proportion of those surveyed said that they faced a lot of anxiety (42%) or stress (41%), and about a third said they had experienced physical pain (31%).
While more than a quarter of the poll respondents experienced feelings of sadness (28%), and nearly a quarter felt angry (23%), according to the organization that has been conducting similar statistics annually since 2006.
Stats indicate Gallup (An American analytics and consulting company based in Washington), that negative sentiment has not decreased since its measurements began in 2006 only twice; The first in 2007, the second in 2014.
The ranking of the ten countries most exposed to negative emotions was as follows: Afghanistan Lebanon, then Iraq, Sierra Leone, Jordan, Turkey, then Bangladesh, Ecuador, Guinea, and finally Benin.
While the ten countries least vulnerable to negative experiences were as follows: Latvia, Kyrgyzstan, Estonia, Russia and South Africa, then Lithuania, Malaysia, Mongolia, Singapore, Mauritius, Kosovo, Taiwan and Kazakhstan.
The effects of negative feelings are not limited to the individual alone, but can lead to the streets and fuel unrest in countries, according to the Al Jazeera Net website.
According to the Global Peace Index, riots, strikes, and anti-government protests increased by 244% between 2011 and 2019. In 2020, the unrest doubled, reaching about 15,000 demonstrations worldwide.
According to the report, there are many factors that make people unhappy, but five of them have contributed significantly to the rise in global unhappiness: poverty, hunger, bad societies, loneliness and a scarcity of good work. LINK
9 Cases Every Hour.. A Human Rights Center: The Economic Deterioration Contributed To The High Divorce Rates In Iraq
Money and business Economy News-Baghdad Lawyer Hazem Al-Rudaini, Vice-President of the Strategic Center for Human Rights in Iraq, warned of the danger of the deteriorating economic situation in the country, which in turn had a direct and significant impact on the destruction of Iraqi families through an unprecedented increase in divorce rates.
Al-Diny said in a statement, "The number of divorce cases reached nearly six thousand for the month of September only, with an average of nine divorce cases every hour, and five thousand nine hundred and twenty-six divorce cases per month for the year 2022, according to the official website of the Supreme Judicial Council."
And he indicated that "the economic factor constitutes nearly fifty percent of the divorce cases, and others are due to the marriage of minors and the bad treatment of the conditions of marriage."
51 . views Added 10/15/2022 - 10:24 AM Update 10/15-2022 - 1:10 PM
Divorce Rates Rise In Iraq.. More Than 7 Cases Every Hour
2022-10-14 | 04:26 Source: Alsumaria news 510 views Alsumaria News - Localities
In the latest monthly statistics on marriage and divorce cases in Iraq, published by the Supreme Judicial Council, the number of new marriages last September reached nearly 18 thousand marriages, while the number of divorce cases reached about 5569 divorce cases, which means that more than 185 were registered in One day, the capital, Baghdad, issues the list of marriage and divorce cases.
According to the statistics, three governorates topped the highest rate of marriage, which are the capital, Baghdad, with its two sides, Karkh and Rusafa, and Anbar governorate.
The statistic also indicates that three provinces also topped the divorce cases during the past month: Baghdad in its two sides and Basra.
According to the statistics, it recorded 15,271 marriage contracts, with 2,774 ratifications of marriage contracts, while the cases of ratifying external divorces were 3,901, and 1,668 separations by court ruling. LINK
Digital Bullying” Threatens Iraqi Children.. Urgent Government And Parliamentary Intervention Is Required
Local news October 8, 2022 Today, Saturday, Fadel Al-Gharawi, an expert in the field of human rights, confirmed that children in Iraq are exposed on a daily basis to “digital bullying” and “discrimination” in the most serious violation that threatens their rights.
Al-Gharawi said, “The United Nations Human Rights Council, in a resolution, called on states to take all appropriate measures to prevent and protect children from all forms of discrimination and violence, including in digital contexts, and to establish well-resourced bodies responsible for preventing, combating and addressing the negative effects of bullying. online, among other measures.
Al-Gharawi added, "Childhood in Iraq is experiencing many challenges and violations, with high rates of beggary, dropping out of schools, employment and trafficking, and thousands of children are still in the camps."
Al-Gharawi called on the Iraqi government and parliament to “take urgent measures to combat digital bullying directed at children and legislate the Child Protection Law and set deterrent penalties for the parties and individuals who bully children,” calling for “the establishment of a committee linked to the prime minister’s office to develop a national policy to combat digital bullying.”
https://khabaar.press/archives/99460https://khabaar.press/archives/99460
MilitiaMan "Focus by the UN, IMF, WB, UST ext..." Sunday 10-23-2022
KTFA:
Kurdish leader: Agreement to pass Al-Sudani booth in Tuesday's session
10/23/2022 11:58:18
A leader in the Patriotic Union of Kurdistan announced a "political agreement" to pass the cabinet of Prime Minister-designate Muhammad Shia Al-Sudani in the parliament session on Tuesday.
Sherzad Samad told {Euphrates News} that "a political agreement to pass the Al-Sudani cabin on Tuesday, after the ministerial cabinet was completed."
He pointed out that "the National Union demanded the Ministries of Justice and Immigration and the Displaced, and there is harmony, consensus and understanding between the Sudanese and the leaders of the Union."
KTFA:
Kurdish leader: Agreement to pass Al-Sudani booth in Tuesday's session
10/23/2022 11:58:18
A leader in the Patriotic Union of Kurdistan announced a "political agreement" to pass the cabinet of Prime Minister-designate Muhammad Shia Al-Sudani in the parliament session on Tuesday.
Sherzad Samad told {Euphrates News} that "a political agreement to pass the Al-Sudani cabin on Tuesday, after the ministerial cabinet was completed."
He pointed out that "the National Union demanded the Ministries of Justice and Immigration and the Displaced, and there is harmony, consensus and understanding between the Sudanese and the leaders of the Union."
Samad added, "There is a tendency to grant the Ministry of Migration and Displacement, either to representatives of Sinjar or Mosul districts, an appreciation of their positions."
~~~~~~~~~~~~~~~
A source reveals the ministries of the National Union and its candidates
10/23/2022 10:20:45
An informed source revealed that the Patriotic Union of Kurdistan submitted the names of its candidates for the ministerial cabinet to the Prime Minister-designate, Muhammad Shiaa Al-Sudani.
The source told {Euphrates News} that "the Kurdistan Union submitted the names of its candidates to the Sudanese and demanded the Ministries of Justice and Immigration and Displacement."
He pointed out that "the candidate for the Ministry of Justice is Khaled Shwani. As for the Ministry of Immigration, the Patriotic Union submitted 3 names and granted Al-Sudani the freedom to choose one of them for the position." LINK
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MilitiaMan: A necessary item for to be completed is the cabinet. Daytrader points out that Article 110 of the Iraq constitution shows that issuing currency is a part of the government work. Now we can see likely why there is a focus by the the UN, IMF, WB, UST, etc, etc.. to get the work completed and pronto!!! imo ~ MM
~~~~~~~~~~~~~~~
Article 110
The federal government shall have exclusive authorities in the following matters:
First. Formulating foreign policy and diplomatic representation; negotiating, signing,
and ratifying international treaties and agreements; negotiating, signing, and
ratifying debt policies and formulating foreign sovereign economic and trade
policy.
Second. Formulating and executing national security policy, including establishing and
managing armed forces to secure the protection and guarantee the security of
Iraq's borders and to defend Iraq.
Third. Formulating fiscal and customs policy; issuing currency; regulating commercial
policy across regional and governorate boundaries in Iraq; drawing up the
national budget of the State; formulating monetary policy; and establishing and
administering a central bank.
Fourth. Regulating standards, weights, and measures.
Fifth. Regulating issues of citizenship, naturalization, residency, and the right to apply
for political asylum.
Samson: The Minister of Finance holds a meeting with the general managers of Iraqi government banks
23rd October, 2022
Today, Sunday, the Agency's Minister of Finance, Hiyam Nemat Mahmoud, chaired, at the ministry's headquarters, an expanded meeting that included general managers of Iraqi government banks, regarding the mechanisms of banks' work and the obstacles they face.
And the media office stated in a statement that “Al-Naeem News” received a copy of it, that “the Minister of Finance witnessed a set of challenges, variables and exceptional circumstances, the most important of which was the Corona pandemic, which cast a shadow over the whole world and the accompanying economic downturn, especially in the oil-exporting countries.”
She added that, “Nevertheless, the government banking sector was able to commit to providing the requirements to support the national economy and to spare it the negative effects of economic repercussions and international conflicts.
The minister stressed "the importance of strengthening joint cooperation between banking institutions, and understanding a common strategy, to improve and develop the Iraqi banking sector, and enhance its role in the local banking arena" and international.”
The minister also pointed out, "the need to strengthen the role of Iraqi banks through the development of executive mechanisms and comprehensive action plans. It serves the strategic goals of the banking sector, which revolve around the stability and balance of the local economy.” LINK
MilitiaMan: it looks like she hit the ground running.. And in an international manner... lol ~ MM
Iraqi News Highlights Sunday Afternoon 10-23-22
Iraqi News Highlights Sunday Afternoon 10-23-22
Tlm724 Administrator Bondlady’s Corner
Nabil Al Marsoumi Assures Nina Of The Need To Expedite The Formation Of The Government And Present A New Budget Next Month
Sunday 23 October 2022 11:43 | Economic Number of readings: 225 Baghdad / NINA / - The economic expert, Nabil Al-Marsoumi, stressed the need to expedite the formation of the government and present a new budget next month. He told the National Iraqi News Agency ( NINA ) that it is supposed to present the next year's budget on the first of next November to ensure its approval before the end of the year or at most the beginning of next year.
Iraqi News Highlights Sunday Afternoon 10-23-22
Tlm724 Administrator Bondlady’s Corner
Nabil Al Marsoumi Assures Nina Of The Need To Expedite The Formation Of The Government And Present A New Budget Next Month
Sunday 23 October 2022 11:43 | Economic Number of readings: 225 Baghdad / NINA / - The economic expert, Nabil Al-Marsoumi, stressed the need to expedite the formation of the government and present a new budget next month. He told the National Iraqi News Agency ( NINA ) that it is supposed to present the next year's budget on the first of next November to ensure its approval before the end of the year or at most the beginning of next year.
Al-Marsoumi added that the political blocs should expedite the formation of the next government to take it upon themselves first to prepare the budget for the next year and send it to Parliament to enter into discussions and amendments that we hope will be simple to be approved quickly.
He explained that approving an early investment service budget would be the first step to success for the new government./ End 3 https://ninanews.com/Website/News/Details?Key=1009320
With A Deposit Of Love (120) Million Dollars.. A Bond That Reveals New Information Regarding The Theft Of The Century
Political | 03:55 - 10/23/2022 Baghdad - Mawazine News On Sunday, a member of the Parliamentary Finance Committee, Mustafa Jabbar Sanad, revealed new information regarding the theft of the tax authority funds, known in the media as “the theft of the century.”
Sanad said in a tweet via Twitter, which was followed by / Mawazine News /, "Now we have begun to open the violations of the General Company for Iraqi Ports, and to prove the involvement of the same tax network in the Faw port file, as well as there is a relationship between Daewoo and the whale."
He added, "120 million dollars is a deposit of love." Ended 29/R77
https://www.mawazin.net/Details.aspx?jimare=209030
A Parliamentary Committee Reveals The Fate Of The Tax Money: Part Of It Was Smuggled Abroad
Posted On2022-10-23 By Sotaliraq The Parliamentary Finance Committee revealed the fate of the stolen funds from the secretariats of the Tax Authority, pointing out that part of it was smuggled outside Iraq and another was invested in buying real estate.
Committee member Ikhlas Al-Dulaimi said, "The competent parliamentary committees held a series of meetings during the past days with the aim of discussing the file of the theft of 3.71 trillion dinars from the secretariats of the Tax Authority."
Al-Dulaimi added, "The meetings included officials in the Ministry of Finance and the Tax and Customs Authorities, to find out the circumstances of the accident."
She pointed out that "the thefts took place over a whole year, from September of last year to October of this year, until all these sums were spent."
Al-Dulaimi explained, "The General Tax Authority is the first responsible for disbursing these amounts without any right."
And she indicated, "Five companies were the ones who were specialized in exchange, and they came without authorization from the original custodian of the trusts, and these companies do not hold any agency or legal authority."
Al-Dulaimi believes, "The Tax Authority admitted that the exchange took place without any priorities, and therefore it is considered stolen from the state treasury."
She stressed, "The Director General of Taxes confirmed the presence of large parties that participated in the thefts, and it is a large network that includes all institutions."
Al-Dulaimi stated, “The Chairman of the Finance Committee in the former parliament, Haitham Al-Jubouri, personally acted on him without the knowledge of the rest of the committee members, directed a letter not to audit the guarantee account in public taxes, and the Council of Ministers requested the Financial Supervision Bureau not to audit this account.”
She stressed, "The Tax Authority invoked these two arguments, and there was no control over the amounts, leaving the door open to illegal behavior."
Al-Dulaimi explained, "The Minister of Finance sent a letter to the Tax Authority on the 11th of last year, preventing it from disposing of funds without returning to the ministry."
And she added, "The Tax Authority did not comply with the minister's letter, but rather relied on the non-interference directives issued by the Council of Ministers and the Chairman of the Parliamentary Finance Committee."
Al-Dulaimi called on the judicial and supervisory authorities, represented by the competent courts and the Integrity Commission, to exercise their role in holding the negligent accountable and recovering the stolen funds.
He continued, "The companies that received the funds were established on the same dates, and they are newly established only a year ago or less, and the funds were distributed to them in a way that suggests that they shared the shares."
Al-Dulaimi added, "A part of these sums was smuggled and the other was invested in real estate, but we point out that all the measures currently taken by the relevant authorities are not at the required level."
For her part, the chairperson of the committee, Mahasin Hamdoun, said that "the previous meetings discussed many issues, most notably the mechanism for disbursing the stolen amounts, and we diagnosed the mistakes for which a number of people are responsible."
Hamdoun continued, "These errors begin with the book canceling the supervision of the Financial Supervision Bureau on the amounts of deposits in taxes and customs, and ending with the disbursement of funds by non-solid or newly established companies."
She noted, "The committee heard what officials in the Ministry of Finance said about the circumstances of the case," stressing that "the negligent people are present and have been referred to the judiciary."
And she noted, "The committee decided to withdraw its hand from the file, as it is under the watch of the judiciary, which is the competent courts that identify negligent people and impose legal penalties against them."
And the Supreme Judicial Council announced in an official statement, “the issuance of summonses against the Director General of the General Tax Authority and his assistant, the supervisor of the financial and control department, the deputy of the financial department and the director of the financial department.”
The statement added, "The judiciary issued arrest warrants against the owners of the companies and placed a precautionary seizure on their accounts, in whose favor the tax trusts were issued."
He pointed out, "The formation of a joint audit committee from the Ministry of Finance, the General Tax Authority, Rafidain Bank and the Integrity Commission to audit the disbursed amounts."
The statement confirmed, "The Second Karkh Investigation Court, which is specialized in integrity issues, decided to bring in a member of the Finance Committee in the House of Representatives for the previous session on the charge of intentional damage to state funds in accordance with the provisions of Article 340 of the Penal Code."
The statement went on, "The accused issued a recommendation to disburse the tax deposits before completing the audits by the regulatory authorities." LINK
In The Document ... The Ministry Of Finance Decides To Seize The Funds Of 5 Senior Employees Accused Of Stealing Approximately 3 Billion US Dollars
Sunday 23 October 2022 11:09 | Economic Number of readings: 384 Baghdad / NINA / - The Ministry of Finance issued a decision to seize the said and immovable funds of 5 senior employees accused of stealing approximately 3 billion US dollars of the Iraqi people's money./ End 9 https://ninanews.com/Website/News/Details?key=1009318
Alia Nassif: Three Of The Companies Involved In Stealing Fake Tax Deposits
Representative Alia Nassif confirmed that three of the companies involved in theft of fictitious tax deposits were registered last year, calling for defining the investigation path towards the real accused and their accomplices and not wasting time hosting people unrelated to the case.
Nassif said in a statement today: "Three of the five fake companies were registered in 2021, and the anti-money laundering official addressed the Registrar of Companies to inquire about the extent of the sobriety of the companies, and he replied that they are sober companies, and from here the disaster began and the companies began the process of looting tax deposits."
She added: "The parliamentary committees hosted a series of officials from several bodies and departments, including the head of the customs authority, and it became clear that the customs secretariats do not have any problems and are subject to controls and laws, and that this theft did not occur during his tenure when he was director of taxes before the former director general,
The Parliamentary Finance Committee also hosted the general manager who came after him, Samer Abdel Hadi, and he remained in the position for two months, and he also has nothing to do with the case. Therefore, we must avoid mixing papers and making investigations derail, and avoid putting the names of departments and people unrelated to the case.
https://www.radionawa.com/all-detail.aspx?jimare=31790
To read more current and reliable Iraqi news please visit BondLady’s Corner:
More "Tidbits From TNT" Sunday Afternoon 10-23-2022
TNT:
Buckeyefan: Isn’t interesting how we feel so close so much confidence in Abadi then Kazemi …now back in Iran influence newly elected leadership? It’s CBI driven …they only need to seat the government but weren’t we expecting Kazemi to remain? He’s out does the new regime have same agenda? Want to be optimistic but if I can be honest it feels off!
Yada: The backing of the UN to make it happen or else. They are willing to allow them to structure this way at the risk of all world economies not have a stimulus to each country. Form the goverment, reinstate the rate, they are structured such whomever is in control in Iraq, will remain connected digitally with the rest of the world.
Buckeyefan: I hope things for the Iraqi people change ,they’ve suffered the most, our inpatient frustrations don’t compare …..self included
TNT:
Buckeyefan: Isn’t interesting how we feel so close so much confidence in Abadi then Kazemi …now back in Iran influence newly elected leadership? It’s CBI driven …they only need to seat the government but weren’t we expecting Kazemi to remain? He’s out does the new regime have same agenda? Want to be optimistic but if I can be honest it feels off!
Yada: The backing of the UN to make it happen or else. They are willing to allow them to structure this way at the risk of all world economies not have a stimulus to each country. Form the goverment, reinstate the rate, they are structured such whomever is in control in Iraq, will remain connected digitally with the rest of the world.
Buckeyefan: I hope things for the Iraqi people change ,they’ve suffered the most, our inpatient frustrations don’t compare …..self included
Yada: Understand Buckeyfan. Fact is, they have been tribal for centuries and despite a parliamentary government, they tend to manipulate the government to work their way. RI their currency and I'm putting them in my rear view mirror. Once they get to the international status with their rate, the markets will control them and they know it.
RVAlready: Both Iraq and Iran will RV. This will change the financial relationship between those two countries.
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Tishwash: Cougar confirms... There is a political struggle behind the delay in resolving the cabinet
The representative of the Kurdish component, Jamal Kojer, confirmed, on Sunday, that an ongoing political struggle was behind the delay in resolving the cabinet of Prime Minister-designate Muhammad Shia Al-Sudani, pointing out that resolving the cabinet is no longer an easy matter.
Cougar said in a press statement, which was followed by the Independent, that "there is a conflict over the ministries in Al-Kazemi's cabin between the various political parties, and resolving this matter will not be easy, and if the decision is through sharing and defining the ministries by the blocs and not from the Prime Minister-designate, the age of the government will not be For a long time, because the scenario of previous governments will be repeated again.”
He added, "The Prime Minister-designate did not leave him the choice about choosing his cabinet, and if he left the matter to choose the candidates, matters would have been resolved, especially since his candidacy for prime minister was not a result of the moment, but rather a long time had passed since his name was put forward."
And Cougar said, "Al-Sudani will not form a comfortable cabin, and some parties will try to interfere in this process, and therefore the conflict is still based on ministerial portfolios between the various parties." link
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Tishwash: During a visit to the Real Estate Bank, the Minister of Finance directed to bypass all obstacles and routine procedures
The Minister of Finance, “Agency” Hiyam Nemat Mahmoud, conducted an inspection field visit to the Real Estate Bank, in the presence of the Director General of the Bank, Abdel Mohsen Alwan, and the advanced staff in the bank, and directed the simplification of the bank’s procedures.
And a statement by the ministry quoted, “The Minister discussed during the visit the current and future plans adopted by the bank according to the financial capabilities planned within the strategy in force for the bank,” noting “to make every effort to raise the level of banking services provided, and expand the size of the actual contribution to the housing sector, because this sector is It is one of the pillars supporting any stable and vibrant economy.”
Mahmoud met, according to the statement, a group of citizens and auditors, and listened to their views, the level of services provided to them, and the obstacles that may hinder the smooth implementation of work and the required speed, stressing the importance of overcoming all obstacles and routine procedures that would impede the progress of completing transactions. link
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Tishwash: Finance holds a meeting with bank managers.. This is what was discussed
On Sunday, the Ministry of Finance held an expanded meeting on government banks in the country.
A statement by the ministry, which Mawazine News received a copy of, stated, "The Minister of Finance, Hayam Nemat Mahmoud Agency, chaired, at the ministry's headquarters, an expanded meeting that included general managers of Iraqi government banks, regarding the mechanisms of banks' work and the obstacles they face.
The Minister of Finance added, according to the statement, that" the banking sector He witnessed a set of challenges, variables and exceptional circumstances, the most important of which was the Corona pandemic, which cast a shadow over the whole world and the accompanying economic downturn, especially in the oil-exporting countries, adding that “in spite of that, the government banking sector was able to commit to providing requirements to support the national economy and spare it the negative effects of economic repercussions and conflicts.” International".
The minister stressed "the importance of strengthening joint cooperation between banking institutions, and understanding a common strategy, to improve and develop the Iraqi banking sector, and enhance its role in the local and international banking arena."
The minister also pointed to "the need to strengthen the role of Iraqi banks through the development of executive mechanisms and comprehensive action plans, which serve the strategic objectives of the banking sector, which revolve around the stability and balance of the local economy." link
Mot: .. heeee heeeee heeeee - the Reality of the Good ole Daze! ~~~riding bikes
Mot: ........ OOOOOPs!!!! ~~~~~~
"Corruption, Theft and Integrity News" Posted by Samson at KTFA
KTFA:
The Iraqi Planning uses the "job number" to detect double salaries
23rd October, 2022
The Iraqi Ministry of Planning announced, on Sunday, that it is working on a survey of ministries, governorates, and entities not affiliated with the ministry to detect double salaries using the so-called "job number".
The Undersecretary of the Ministry of Planning for Administrative Affairs, Azhar Hussein, told Shafaq News, "The government assigned the committee to lead us to work on a survey of all functional sectors in the Iraqi state in various ministries, governorates, and agencies not associated with a ministry," noting that "each employee in the state will have a job number."
KTFA:
Samson: The Iraqi Planning uses the "job number" to detect double salaries
23rd October, 2022
The Iraqi Ministry of Planning announced, on Sunday, that it is working on a survey of ministries, governorates, and entities not affiliated with the ministry to detect double salaries using the so-called "job number".
The Undersecretary of the Ministry of Planning for Administrative Affairs, Azhar Hussein, told Shafaq News, "The government assigned the committee to lead us to work on a survey of all functional sectors in the Iraqi state in various ministries, governorates, and agencies not associated with a ministry," noting that "each employee in the state will have a job number."
She added that "more than 90% of the job numbers were covered, and only some institutions remained, with the exception of the Popular Mobilization Authority," noting that the latter "confirmed its cooperation with the government committee and sending the data to the ministry."
Hussein continued, "There is a periodic change in the job number file in terms of the employee's salary, bonus, promotion, transfer and retirement," stressing that "the database is not on the triple name, surname and workplace of the employee only, but other names are entered in order to boycott the names and numbers, and therefore in the event of the emergence of functional intermarriage, it will appear directly."
Regarding retirees, social welfare and the private sector, the Undersecretary of the Ministry of Planning indicated that "these categories are not covered by the job number, noting that "there is an intention to cooperate with the Ministry of Higher Education to give a job number to workers in the private sector in universities and private colleges." LINK
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Samson: Integrity reveals 100 "fake and forged" agricultural contracts in Salah al-Din
23rd October, 2022
The Investigation Department of the Federal Integrity Commission revealed the arrest of (4) employees after it was revealed that they added (39) fake agricultural contracts, and tampered with (61) other contracts by increasing their area within the agricultural plan for the wheat crop.
And the department indicated in a statement to the authority, received by / NINA , that the staff of the commission’s investigation office in Salah al-Din, who moved to the Department of Al-Dur Cultivation Division, carried out the process of seizing (4) employees after revealing that they had added (39) fictitious agricultural contracts, and tampered with ( 61) Another contract by increasing its area within the agricultural plan for the wheat crop, indicating that those fictitious contracts and the manipulation of their area benefited from the plan to supply urea fertilizer at an amount of (165,098,690) million dinars.
She added that the field team for following up on the work of the Salah al-Din Tax Department succeeded in carrying out two separate seizures in the department, the first of which resulted in the arrest of an employee of the Real Estate Division red-handed for receiving a bribe from a citizen in flagrante delicto, while during the other operation an accused was arrested illegally tracking transactions.
She explained that, after investigation, follow-up and auditing, the team was able to detect (5) forged medical reports in the Governorate Health Department - Medical Committees Division, noting the arrest of two accused of forging the signatures of the medical committees on those reports.
The department reported that fundamentalist seizure records were organized in the operations that were carried out. Based on judicial notes, and their presentation to the specialized investigative judge, who decided to arrest the accused in the first and fourth operation in accordance with the provisions of Articles (331, 289 and 298) of the Penal Code. LINK
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Samson, Parliamentary Legal: Successive governments have not implemented anti-corruption laws
23rd October, 2022
On Sunday, the Parliamentary Legal Committee held successive governments responsible for not implementing the laws enacted and enacted in the House of Representatives to combat corruption.
Committee member Salem Al-Anbaki said in an interview with the "Information" agency, "The new government should coordinate efforts and joint work with the legislative authority in order to activate the laws in force to combat corruption."
He added that "the laws enacted after 2003 until now have not been applied by successive governments due to the absence of real implementation mechanisms to fight corruption." He pointed out that "Parliament is determined to put in place clear mechanisms to properly implement future anti-corruption laws to serve the public interest."
Voices calling for banning the travel of the outgoing caretaker government, Mustafa Al-Kazemi, and some members of his government rose after the corruption cases that emerged, including the theft of tax secretariats. LINK
Samson: Alia Nassif: Three of the companies involved in the theft of tax deposits... are fake
23rd October, 2022
Member of Parliament, Alia Nassif, confirmed that three of the companies involved in the theft of fictitious tax deposits were registered last year, calling for determining the course of investigations towards the real accused and their accomplices, and not wasting time hosting people who have nothing to do with the case.
And she said in a statement today: that three of the five fake companies were registered in 2021, and the anti-money laundering official addressed the Registrar of Companies to inquire about the extent of the sobriety of the companies, and he replied that they are sober companies, and from here the disaster began and the companies began the process of looting tax deposits.
Nassif added that the parliamentary committees hosted a series of hosting officials from several bodies and departments, including the head of the customs authority. The Parliamentary Finance Committee also hosted the Director General, who came after him, Samer Abdel Hadi, and he remained in the position for two months, and he is also not related to the case, and therefore we must avoid mixing papers and making investigations derail, and avoid putting the names of departments and people unrelated to the case. LINK
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Samson: Does the investigation file close by stealing tax deposits?
10/22/2022 22:28:58
The economic expert, Abdul Rahman Al-Mashadani, suggested closing the file of theft of the funds of the General Authority for Taxes in order to reveal the gates of corruption greater than the theft of the funds of the trusts in the event that the investigation is completed.
Mashhadani said; For the (Undisclosed) program broadcast by Al-Furat satellite channel tonight: "The companies involved in the theft of tax trust funds were established shortly before the theft and were revealed by the Minister of Oil under pressure from the oil companies that were demanding their deposited money."
He added that "the Minister of Oil was briefed on the theft file, followed by the funds of the trusts, and the Rafidain Bank cannot be exempted from stealing money, and that everyone is involved in the theft," noting that "the investigation into this matter may be closed because its completion will reveal portals of corruption greater than the theft of tax money."
Al-Mashhadani continued, "Huge amounts were deposited in the company's accounts and were withdrawn on the same day," noting that "during 2021 with the currency window, we found that it was one of the reasons for the window to rise to 300 million dollars per day, knowing that the volume of imports to Iraq is fixed and does not change."
The currency window promised "one of the official ways to get money out in the form of hard currency and smuggle it abroad," expressing "astonishment at the central bank's lack of remorse for that."
Al-Mashhadani added, "The money that went to the banks of neighboring countries needs intensive investigations, and some money can be recovered by addressing the banks of the countries, and some of the properties that were purchased with the looted money have not been transferred." Al-Mashhadani concluded by saying, "The task of Prime Minister-designate Muhammad Shia'a Al-Sudani will be difficult to expose corruption files in all ministries, which include dozens of files of corruption and theft."
The Minister of Finance, Ihsan Abdul-Jabbar Agency, had revealed that there was a theft of money in the Ministry of Finance, with no less than 800 million dollars in a specific account in the Rafidain Bank, which was withdrawn in violation of the law. In the same regard, Faleh Al-Sari, a member of the Parliamentary Finance Committee and head of the National State Forces Alliance bloc, called on the Ministry of Finance to reveal the personalities involved in the loss of more than 800 million dollars.
On Sunday, Al-Sari revealed secrets about the theft of tax deposits, which included 3 trillion and 701 billion dinars, while announcing the identity of those involved. He clarified what happened that the sums that were collected through 5 foreign fake companies established in 2021 are now requesting the return of the trust funds, knowing that they did not record any trust amount with the General Tax Authority, but rather by agreement of officials starting from the rank of general manager to the financial department to the assistant financial department to those authorized in the exchange process .
Al-Sari indicated that a large part of the amount of 3 trillion and 701 billion dinars is still inside the country in the form of real estate in Al-Mansour and Al-Harithiya. LINK