The dollar's exchange rate stabilized in The Iraqi markets on Tuesday (July 28, 2020)
The Struggle Exchange recorded 123,700 dinars against US$100.
Al-Harithia exchange recorded 123,700 dinars against US$100.
Selling prices in banking shops in local markets
Selling price 124,250 JD
Purchase price: JD 123,250
Erbil Stock Exchange also registered 123,950 dinars against us dollars
In the rest of the markets, Najaf 123,800, Basra 123,800, Mosul
124,000
The Struggle Exchange recorded 123,700 dinars against US$100.
Al-Harithia exchange recorded 123,700 dinars against US$100.
Selling prices in banking shops in local markets
Selling price 124,250 JD
Purchase price: JD 123,250
Erbil Stock Exchange also registered 123,950 dinars against us dollars
In the rest of the markets, Najaf 123,800, Basra 123,800, Mosul
124,000
The Markets:
The Asian markets closed mixed NIK down by .26% HSI up by .69% SHANG up by .71%
The UK markets are currently trading mixed 2 down from .24% to .46% the rest are up .04% to .24%
Our futures are trading down DOW at 26461 by .09 SNP at 3230 by .07% NDX at 10661 at by .13%
Precious Metals:
Gold is red at 1934 Silver is red at 24.13 Copper is red at 289 Alum green at 1708 Platinum is red at 927
Brent 43 WTi 41
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1185.0000 |  1195.0000 | 1191.4000 | 1191.4000 | 1191.4000 | -0.6000 | 04:58 |
| USD/VND | 23170.0000 | 23190.0000 | 23166.9800 | 23165.9800 | 23165.9800 | 1.7100 | 04:59 |
| USD/CNY | 7.0021 | 7.0041 | 7.0082 | 6.9879 | 6.9964 | 0.0048 | 05:06 |
| USD/KWD | 0.3056 | 0.3066 | 0.3058 | 0.3057 | 0.3058 | -0.0002 | 04:56 |
| GBP/USD |  1.2879 | 1.2880 | 1.2903 | 1.2838 | 1.2880 | -0.0002 | 05:06 |
| USD/IRR | 0.0000 | 0.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 00:00 |
| USD/IDR | 14576.0000 | 14585.0000 | 14598.0000 | 14467.0000 | 14562.0000 | 12.0000 | 05:04 |
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Iraqi Articles:
Political expert: The deep state insists on suppressing demonstrations and firing rockets to topple the Al-Kazemi government
The political expert, Munqith Dagher, stressed that the deep state in Iraq insists on suppressing the demonstrations and firing rockets to topple the government of Prime Minister Mustafa Al-Kazemi.
Dagher said in his post, "Does he regain power and freedom of the hand, whoever lost it with the fall of Abdul-Mahdi and in the same way in which the uprisings overthrew the government of the voluntary absentee, a thinking face."
He explained that "Al-Kazemi between the embarrassment of adhering to his principles in supporting the uprisings, and the deep state fire that insists on suppressing the demonstrations and stirring the uprisings and firing rockets, to topple his government."
New developments with the bombing of The Speicher Air Base
A security source in Salah al-Din province on Tuesday revealed the nature of the explosions that took place at the Base "Speicher" north of Tikrit.
The source told Twilight News that a march ing aircraft that bombed the Speicher base on Monday night targeted an arms depot for the popular crowd and a factory for shields and anti-aircraft missiles.
He said the shelling caused serious material damage without any casualties or casualties among the army and the popular mobilization and that fire brigades extinguished the fires.
He denied the presence of American or foreign troops at the base, with the exception of the army and the popular mobilization.
The Iraqi security information cell said in a statement on Monday that two explosions had occurred at the Speicher airbase. without giving more details.
Last night, Al-Taji camp, north of Baghdad, was attacked by Katyusha rockets from the Sa'aba al-Bur area.
Iraqi military bases, which include US troops, have occasionally been hit by rocket attacks that have increased in frequency following the assassination of Iranian Quds Force commander Qassem Soleimani and the deputy head of the Popular Mobilization Commission (PMF) Abu Mahdi, an engineer, in a US air strike earlier this year.
Kurdistan Parliament begins a session to discuss the financial situation
Shortly before the proceedings of the Kurdistan Parliament’s session began, to discuss the financial and economic conditions in the Kurdistan region in the presence of the ministers and relevant officials in the Kurdistan Regional Government.
And Kurdish media reported, "It is scheduled to witness a session of the Kurdistan Parliament, reading the report of the Finance and Economic Affairs Committee on (the financial and economic conditions in the Kurdistan region), in the presence of the Minister of Finance and Economy, the Minister of Planning, and the Minister of the Territory for Negotiating Affairs between the region Baghdad, and the head of the Diwan The Council of Ministers, and the Secretary of the Council of Ministers in the Kurdistan Regional Government in accordance with the provisions of the first paragraph of Article 66 of the internal system of the Parliament of Kurdistan.
The session will also witness the second reading of the proposed law (patient rights and duties in the Kurdistan Region) in accordance with the provisions of Articles (87,88,89) of the internal system of the Parliament of Kurdistan.
Member of Parliamentary Finance pledging the implementation of the government program to approve the 2020 budget
Member of Parliamentary Finance Committee Jamal Kujer pledged, on Tuesday, the success of the government of Prime Minister Mustafa Al-Kazemi in implementing its program voted by the House of Representatives, by legislating the General Budget Law for 2020.
Cougar said in an interview with Alsumaria News, "The explosive budgets of previous years, which went without finding any impact, either went to the pockets of the corrupt and turned into projects for people and parties inside the country, or were smuggled and whitewashed in banks belonging to parties or mock projects and in different ways ".
Cougar added that "the Finance Committee alone is unable to control this file on the grounds that the issue of money laundering is an international issue and we need government action on the international framework."
Cougar added that "the Finance Committee alone is unable to control this file on the grounds that the issue of money laundering is an international issue and we need government action on the international framework."
He continued, "All previous governments were quota governments and consensus under the table, and that any ministry that is affiliated with one side does not have the right of the other party to talk about its minister badly, otherwise it will be reciprocated with the minister of the other side, and this situation is unfortunately prevailing for the past 17 years."
Cougar pointed out that "proceeding without a budget means not to establish investment projects and the lack of an audit of expenses, in addition to not implementing the government program and all the absolute promises by the government to some segments, such as new contractors and others," considering that it "will not be implemented because there is no financial cover because of the lack of budget legislation And there will be no solutions to economic problems. "
The head of the Iraqi Businessmen Union: Al-Kazemi's visit to Iran was generally positive
The head of the Iraqi Businessmen Union Sobeih Al-Hashemi confirmed that the visit of Iraqi Prime Minister Mustafa Al-Kazemi to the Islamic Republic in Iran was positive, and there are advantages for Iran and Iraq in the trade exchange that are not present with the rest of the countries, expressing his belief that the exchange will take place. Trade between the two countries to 20 billion dollars or more annually.
Al-Hashemi said in an exclusive interview with the "IRNA" correspondent in Baghdad: "Mr. Al-Kazimi's visit to the Islamic Republic in general was a positive visit, and certainly during which things were previously approved, and other things including positive and negative ones were discussed, the positive situation will contribute to increasing cooperation between the two countries, A negative situation will be subject to treatment for sure, and this is normal. "
He added, "Any openness to neighboring countries is the result in the interest of our people, and we always demand that there be a balance in the issue of trade exchange and the interests of the Islamic Republic of Iran in Iran and the Republic of Iraq, as well as the rest of the neighboring countries."
He pointed out that "the world is now going through a pandemic (Corona) and this pandemic has caused a global economic recession, and we are waiting for this epidemic to disappear, and during the coming months the movement of economic activity will continue and activity will be resumed as it was naturally with all countries that benefit from it and benefit from us."
Hashemi explained, "The border crossing points between the Islamic Republic of Iran and the Republic of Iraq are now taking positive steps," noting that "the Iraqi border outlets and the very large revenues they achieve are very important for Iraq, but unfortunately due to corruption and division and the domination of some influential figures leads to obstruction even Commercial activity, commercial exchange and lack of interest in the border outlet.
He continued, "The border port needs attention, maintenance and cleaning, and it needs a place for commercial exchange in an acceptable and comfortable manner that meets the conditions necessary for the success of the trade exchange.
The President of the Iraqi Businessmen Union pointed out that "this situation affects the activity of the border outlets very significantly and as a result affects the interests of the Iraqi and Iranian peoples, and not only the interests of the Iraqi people," stressing "when there is a flow in trade exchange and there is a certain regular and regular space that will It provides both sides with speed of delivery and speed of trade. "
He stressed, "We expect when there is a smooth movement for trade exchange, the level of this trade will reach 20 or more than 20 billion dollars annually, and whenever there is a regularity in the movement of the border outlets, there will be a flow in the exchange of commercial goods," stressing "when the government is It is controlling the border crossings and not other parties outside its control, for sure there will be a system, and even customs duties will be within the tariffs determined by the Iraqi Customs Authority. "
Al-Hashemi continued, "We encourage and expect that the trade exchange between the Islamic Republic of Iran and the Republic of Iraq will reach 20 billion dollars or more annually due to the things that characterize the two countries. We, as businessmen, believe that there are advantages with Iran and Iraq that are not found in the rest of the country and the distance between them is near the distance Between the two countries".
He concluded his speech by saying, "I, as a merchant and businessman, when I import goods from Iran, this required merchandise can reach me within a day or half a day or within a few hours, and this is an encouraging factor, in addition to that the Islamic Republic has many Iranian-produced materials that enter the local industry." Iraqi and in the economy and in investment and projects at the level of industrial projects or at the level of enterprises. "
Iraq and Canada sign a memorandum of cooperation related to technical support services and training programs
The Iraqi Securities Commission announced, on Tuesday, that it has signed a memorandum of cooperation with the Iraqi Canadian Chamber of Commerce and Industry, with the aim of strengthening cooperation between the two institutions in the areas of technical support services, training program and information exchange.
The head of the body, Alaa Abdul Hussain Al-Saadi In a statement, Alsumaria News received, a copy of it, that "this agreement works to facilitate joint cooperation between the authority and the Iraqi Canadian Chamber of Commerce and Industry to intensify work through training programs for Iraqi cadres on best practices in the field of financial markets in order to develop financial markets and financial services in particular, including It reflects positively on the business environment in the financial markets Iraq".
On the other hand, Al-Saadi indicated that "the commission has completed the issuance of its report for the second semester of the year 2020 on the movement of trades and financial indicators in Iraq Stock Exchange, As trading in this chapter was greatly affected by the repercussions of the Krone pandemic, which led to reduced trading sessions, and despite that, the volume of trading for this season has exceeded 17 billion dinars for regular and secondary markets and with a number of shares of about 35 million shares, where the telecommunications and banking sectors topped those trades ".
On the other hand, Al-Saadi indicated that "the commission has completed the issuance of its report for the second semester of the year 2020 on the movement of trades and financial indicators in Iraq Stock Exchange, As trading in this chapter was greatly affected by the repercussions of the Krone pandemic, which led to reduced trading sessions, and despite that, the volume of trading for this season has exceeded 17 billion dinars for regular and secondary markets and with a number of shares of about 35 million shares, where the telecommunications and banking sectors topped those trades ".
It is worth noting that the Securities Commission possesses many future plans and procedures that it intends to take during the coming period, once the Authority’s council is formed and a new law is issued that would increase these trades and increase the attractiveness of financial markets .Iraq In a way that leads to its development or the creation of new financial markets, such as a commodity market in Iraq Which will be reflected on the overall Iraqi economy, which possesses many undiscovered constituents and reservoirs that constitute promising investment opportunities in the future.
CBI, ISX,Dinar Guru:
CBI Update: Just a note:
They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.
CBI Update: Just a note:
They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.
here.
The currency auction total sales amount $ 190,577,000.
including $ 9,090,000 in cash today
ISX Update:
Iraq Stock Exchange suspends operations for 12 days
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
including $ 9,090,000 in cash today
ISX Update:
Iraq Stock Exchange suspends operations for 12 days
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
7-28-2020 Guest Guru Austin-Powers-For-PM ...Norm
7-27-2020 Newshound/Intel Guru Petra ...If I was going to use two words today to describe all the articles coming out in the last 72 hours it would be "strategic confusion"...there's some interesting development that I think we need to bring up...they are so desperate for cash they are offering people to deposit their money into the banks...I saw two articles. One said they are offering double the return and other article said they're offering a 10% interest rate. The only way I could see them making double the return is if they were given double the purchasing power or triple or quadruple the purchasing power. The key here is the liquidity factor is still an issue within the country of Iraq...they are essentially borrowing from the people themselves so they can turn around and pay them...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-27-2020 Newshound/Intel Guru Petra ...If I was going to use two words today to describe all the articles coming out in the last 72 hours it would be "strategic confusion"...there's some interesting development that I think we need to bring up...they are so desperate for cash they are offering people to deposit their money into the banks...I saw two articles. One said they are offering double the return and other article said they're offering a 10% interest rate. The only way I could see them making double the return is if they were given double the purchasing power or triple or quadruple the purchasing power. The key here is the liquidity factor is still an issue within the country of Iraq...they are essentially borrowing from the people themselves so they can turn around and pay them...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
Catnip's Corner:
*************
ARTICLE 1 (from PM Kadhimi's website)
Prime Minister Mustafa al-Kazemi chaired an extraordinary meeting devoted to overcoming the electricity crisis
The Prime Minister, Mr. Mustafa Al-Kazemi, chaired an extraordinary meeting devoted to discussing ways to overcome the electric energy crisis, in the presence of the Minister of Electricity.
The meeting examined the current crisis in the supply of electrical energy to citizens, and ways to find quick solutions to it.
Mr. Al-Kazemi said during the meeting that the government and service apparatus facing great challenges, we have already started effective steps to find solutions, as mismanagement and corruption during the previous period have brought electricity to this bad situation.
He added that we will spare no effort to facilitate the task of the Ministry of Electricity to provide the best services to the citizens and alleviate the suffering of them. The Iraqi deserves to be provided with the best possible.
Mr. Al-Kazemi directed immediate attention to maintenance operations for the network, at the level of residential neighborhoods, and through exceptional and quick steps to ease the shoulders of the citizens.
He also directed his sovereignty to harness all the state’s capabilities to overcome this crisis, and to take everything that would overcome obstacles, and bypass bureaucratic measures, in order to serve the efforts of the electricity sector, and to provide the best service to the Iraqi citizen.
Media office of the Prime Minister
27 - July - 2020
****************
ARTICLE 1-B
The text of the speech of the Prime Minister, Mr. Mustafa Al-Kazemi
I feel great pain when I see my people suffering in the heat, due to the devastation and mismanagement of the electricity.
I wish there was a magic solution in the hand, but unfortunately, many years of sabotage, corruption, and mismanagement were not solved overnight.
It is not fair and fair to ask a government, which has an actual age of two months, to pay the bill for pillaging and pillage committed by previous groups and governments.
Yesterday's youth demonstrations are a legitimate right, and the security forces do not have permission to fire even a single bullet towards our protesting brothers.
Every bullet that targets our youth and our people while he calls for his rights is a bullet directed at our dignity and principles.
We opened an investigation into all the circumstances of what happened yesterday in Tahrir Square, and requested that the facts be presented to me within 72 hours.
Returning to the electricity crisis, I support the people's demand to hold accountable those who caused this suffering.
I am awaiting the results of the investigation of the committee formed by the esteemed parliament to investigate all the failures in the electricity file.
I call on the legislature to expedite the submission of its report to be added to our investigations in order to put this file before the Iraqi people and the judiciary.
The government signed a file a few days ago, the electrical interconnection file in the Persian Gulf, as well as with the Islamic Republic of Iran, and we are proceeding with this issue seriously.
Our decision is to produce gas to operate Iraqi gas stations, and it is not our fault that successive governments imported gas-powered plants, and did not work on Iraqi gas production.
Some parties try to fish with troubled water, and I tell them frankly:
This government came after a sea of blood, and it will not cause the blood of Iraqis, whatever the price, if I always bias towards the people, yesterday, today and tomorrow, and I will not take sides with others.
I will not take sides with anyone who tries to blackmail,
And I tell them, Do not try to shuffle the cards, do not manipulate and tell our youth.
: The point of view that we must all adopt despite our different ideas is Iraq .. and the unity of Iraq and the security of Iraq and the safety of Iraq and the future of Iraq.
I said from day one of my assignment that I am not aspiring for a position, and that my government will work to hold early elections, and I insist on these elections, and a few days ago I spoke at the meeting of the three presidencies about the need to activate and remove obstacles to early elections.
And I ask the Speaker of Parliament to send the election law to the President of the Republic for approval so that we can announce soon the time set for early elections.
Whoever has objection to the totality and march of the verdict will be prepared to prepare for the elections, not to disrupt them. Those who want to restore Iraq do not speak slogans while sitting on the hill. They should go to the ground and prepare people for the elections.
The moment I assumed this position, I swore to preserve honesty, and I maintain honesty, so that there will be early, free and fair elections.
We will leave and others will come .. We will all leave. The important thing is for Iraq to continue. This is my term for you, and I will not give it up.
Finally, I say: Iraq must be built with the will of the people, not with the will of thieves, outlaws, and advocates of chaos.
Nothing expresses the will of the people better than free and fair elections, which will be announced soon.
Whoever seeks to obstruct the will of the people will fall by the will of the people.
In all our steps and goals, we put Iraq first, and our people are Iraq.
Iraq, mercy and eternity lived for the martyrs yesterday in Tahrir Square and for the martyrs of Iraq at all time and time.
Long live Iraq Long live Iraq
Media office of the Prime Minister
27 - July - 2020
***************
ARTICLE 1-C
The Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, holds a meeting with the security leaders
The Prime Minister, Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, held, at the headquarters of the Minister of the Interior, today, Monday, a meeting with the security leaders, in the presence of the Minister of Interior, the head of the National Security Service and the National Security Adviser.
During the meeting, they discussed the security situation in the country, and the developments of the events that took place yesterday.
Mr. Al-Kazemi directed fact-finding regarding the unfortunate events that took place yesterday, with the results to reach within a maximum period of seventy-two hours.
Mr. Al-Kazemi stressed that peaceful protest is a right guaranteed by the Iraqi constitution, and it is the duty of the government and its security services to protect peaceful demonstrations and listen to the demands of the demonstrators.
During the meeting, it was emphasized that peaceful demonstrators were invited to cooperate with the security forces in reporting suspicious elements that offend the demonstrations and distort the legitimate demands of the demonstrators.
The meeting also discussed the cases of kidnapping and killing of the demonstrators in particular, and the citizens in general, and that the competent security authorities give priority to following these crimes and prosecuting the perpetrators.
Media office of the Prime Minister
27 - July - 2020
*************
ARTICLE 2 (from Government of Iraq twitter account)
7-27-2020 around 2:00 pm Eastern
PM @MAKadhimi: Iraq must be built by the will of its people, not by the will of thieves, outlaws, and the advocates of chaos.
PM @MAKadhimi: There is nothing that reflects the will of the people better than free and fair elections, and everyone who seeks to thwart the will of the people will be rejected by the people.
PM @MAKadhimi: From the first day I assumed office, I said that my government will prepare for early elections and today I reiterate this commitment.
PM @MAKadhimi: I ordered an investigation into what happened yesterday in Tahrir Square in Baghdad, and asked for the facts to be presented to me within 72 hours.
PM @MAKadhimi: Every bullet that targets our youth and our people while they demand their rights is a bullet directed at our dignity and principles.
PM @MAKadhimi: Yesterday's protest by young Iraqis are a legitimate right, and the security forces do not have permission to fire a single bullet towards our protestors.
PM @MAKadhimi: Our approach is for Iraq to produce its own gas to service our gas fired power plants. Successive governments imported gas-powered plants, but did not develop Iraq’s gas production capacity.
PM @MAKadhimi: The government is pressing ahead with implementing the interconnection agreement linking Iraq’s electricity grid with that of GCC countries.
PM @MAKadhimi: We support the people's demand to hold accountable those who caused this suffering; we await the results of the findings of the committee established by the House of Representatives to investigate all the failures in the electricity service in Iraq.
PM @MAKadhimi: It pains me to see my fellow Iraqis endure power cuts in this hot weather. I wish there was a quick solution, but unfortunately, the damage caused by years of sabotage, corruption, and mismanagement cannot be undone overnight.
PM @MAKadhimi delivers a televised address to the Iraqi people.
*************
ARTICLE 3
Urgent Al-Kazemi: Request the ratification of the election law to expedite its implementation
7/27/2020 19:13 •
Ayna News - Baghdad,
Prime Minister Mustafa Al-Kazimi called today, Monday, to ratify the election law to speed up its conduct, expressing his regret for yesterday's events in Tahrir Square.
Al-Kazimi said in a speech to him: “I feel a lot of pain and I see my people suffering in the heat due to the devastation in electricity, and I wish that in the hand there was a magic solution, but unfortunately, many years of sabotage, corruption, and mismanagement are not resolved in a day and a night.”
He added: "It is not fair and fair to ask a government, whose actual age is two months, to pay the bill for the looting and pillage committed by previous groups and governments."
Al-Kazemi continued, “The youth demonstrations yesterday are a legitimate right, and the security forces do not have permission to fire even a single bullet towards our protesting brothers.” He pointed out that “every bullet aimed at our youth and our people while he calls for his rights, is a bullet directed at our dignity and principles.”
Al-Kazimi confirmed that "an investigation was conducted into all the circumstances of what happened yesterday in Tahrir Square, and I requested that the facts be presented to me within 72 hours."
Returning to the electricity crisis, Al-Kazimi said, "I support the demand of the people to hold accountable those who caused their suffering, and I am awaiting the results of the committee formed by the parliament to investigate all the failures in the electricity file."
Al-Kazimi called: "The legislative authority to urgently submit its report to be added to our investigations in order to put this file before the Iraqi people and the judiciary."
He continued: "The government signed a few days ago the electrical connection file in the Gulf, and we are proceeding on this issue seriously."
He added: "Our decision is to produce gas to operate Iraqi gas stations, and it is not our fault that successive governments imported gas-powered plants, and did not work on Iraqi gas production."
Al-Kazemi explained that "Some parties try to fish with troubled water, and I tell them frankly:
This government came after a sea of blood, and it will not be caused by blood at all costs, if I always bias towards the people, yesterday, today and tomorrow, and I will not take sides with others. ”
Al-Kazemi continued:“ I will not take sides with those who try to blackmail, I told you I am a living martyr, so do not Play around.
And I say to our young people: The view that we must all adopt despite our different ideas is Iraq .. and the unity of Iraq and the security of Iraq and the peace of Iraq and the future of Iraq. ”
He continued:“ I said from day one that I am not aspiring to a position, and that my government will work to hold early elections, I insist on these elections, and two days ago I spoke at the meetings of the three presidencies about the need to remove obstacles to the elections. "
And he said, "Whoever has objection to the totality and march of the verdict against him preparing for the elections does not disrupt him, who wants to restore Iraq does not speak with slogans while sitting on the hill, he must go to the ground and prepare people for the elections. We must all work for the elections to be fair, fair and representative of the will of the Iraqis."
He added: "The moment I took office, I swore to keep the trust, and I maintain the trust, so that there will be early, free and fair elections."
He explained: "We will leave and others will come ... we will all leave the important thing for Iraq to continue, this is my covenant for you, and I will not give it up."
He concluded by saying, "Iraq must be built by the will of the people and not by the will of thieves, outlaws and chaos advocates. There is nothing that expresses the will of the people better than free and fair elections, and everyone who seeks to disrupt the will of the people will fall by the will of the people."
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ARTICLE 4
Parliamentary Finance proposes a road map to end the file "hoarding money" in homes
7/27/2020 20:16 •
Ayna News - Baghdad,
a member of the Parliamentary Finance Committee, Representative Jamal Cougar, on Sunday presented a road map to end the file of hidden funds in homes.
Cougars said, “A large percentage of Iraqis are hoarding money in homes and not depositing them in banks, whether they are financial or private for multiple reasons, stressing that compactness is a mistake and has great economic damage.”
He added that "pushing the government to adopt electronic payment through a smart card for all the salaries of its employees and to make dealing with it as a unified framework through the disbursement of loans and depositing receipts for the money to the departments will pay the citizens to transfer their money to the electronic trading file in paying its expenses, whether for government departments or the private sector."
He pointed out that "the file of the hoarding of funds will end up due to the road map that he put forward, which is the most influential and approved in almost all countries of the world, especially those with developed economies, pointing to the proposal to raise the interest rate has an impact, but our society is Islamic by 90% and does not interact with interest profits."
Iraq suffers from a large proportion of the money siphoned in homes despite the presence of dozens of government and private banks due to lack of confidence in them.
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ARTICLE 5
Parliamentary: The work of the House of Representatives is ineffective, and the responsibility lies with its presidency
7/27/2020 20:19
Ayna News - Baghdad,
MP Ahmad al-Jarba, on Monday, held the presidency of the Council of Representatives responsible for the declining performance of Parliament.
Al-Jarba said, "The work of the parliament is not good and this matter is borne by the speaker of the parliament, Muhammad Al-Halbousi," noting that "Al-Halbousi claims that this period is the legislative holiday for the parliament."
He added, "The resumption of the sessions will take place at the beginning of September."
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