WOTS WED JUL 1 2020
The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Wednesday, (July 1, 2020).
The prices of the Kifah Stock Exchange - Baghdad recorded 122,550 dinars per 100 dollars.
Buying and selling prices in banking shops:
The sale price of the dollar = 123,000 dinars per 100 dollars.
The purchase price of the dollar = 122.000 dinars per 100 dollars.
The Markets:
The Asian markets closed mixed NIK down by .75% HSI down by .52% SHANG up by 1.38%
some glitches in the system have affected trading in the UK
but the UK markets are currently trading mixed down .45% to .76% the others are up by .30% and .31%
Our futures are currently trading down the DOW at 25594 down by .37% SNP at 3082 by .26% NDX at 10125 down by .22%
Precious Metals:
Gold green at 1788 Silver is green at 18.76 Copper is green at 273 Platinum is red at 822
Brent is 42 WTi 40
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1164.6000 |  1218.0000 | 1191.1000 | 1184.6000 | 1191.1000 | -7.6000 | 04:09 |
| USD/VND | 23264.0000 | 23267.0000 | 23194.1300 | 23188.7500 | 23188.7500 | 11.1800 | 03:47 |
| USD/CNY | 7.0634 | 7.0654 | 7.0708 | 7.0579 | 7.0642 | -0.0011 | 05:00 |
| USD/KWD | 0.3073 | 0.3083 | 0.3076 | 0.3074 | 0.3076 | -0.0001 | 04:07 |
| GBP/USD |  1.2397 | 1.2398 | 1.2413 | 1.2359 | 1.2400 | -0.0003 | 05:01 |
| USD/IRR | 90000.0000 | 90450.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 06:03 |
| USD/IDR | 14373.0000 | 14376.0000 | 14543.0000 | 14190.0000 | 14388.0000 | -23.0000 | 05:01 |
Things in the News:
Black Medal of Honor hero from World War I is subject of new graphic novelThere wasn't anything so fine about it. … Just fought for my life. A rabbit would have done that."
Monkey survives liver transplant from pig in groundbreaking experiment...
Treasury Unemployment Payouts Surpass $100 Billion in June...
Workers getting laid off for second time...
States Beg, Borrow and Cut to Close Massive Budget Gaps...
Markets had the best quarter since 1998
Iraqi Articles:
Parliamentary Finance: 30% of Iraq’s money is stored in homes
Member of the Parliamentary Finance Committee MP Ahmad Al-Saffar confirmed on Monday that the amount of money hoarded in homes amounts to 30% of the liquidity in Iraq .
Al-Saffar said in an interview with "The Information", that "the amount of money hoarded in homes and individuals in Iraq amounts to in my view more than 30% of liquidity and this is a big mistake because monetary policy depends on the movement of money and the amount of circulation."
Al-Saffar added, “Many reasons pushed citizens and individuals to hoard funds away from banks, but it is a bad thing, and it must be reconsidered, cultivated confidence, and eased the procedures, which gives ease in placing money in banks or withdrawing them.”
Iraq has been suffering from a stifling financial crisis for months due to the collapse of crude oil prices and the repercussions of the Corona virus and its economic effects on most of the countries of the world.
The Finance Committee proposes to adopt a semi-annual budget
The Parliamentary Finance Committee asked the federal government to prepare a semi-annual budget and send it to the House of Representatives for approval, in order to run the country's financial affairs.
The committee’s rapporteur, Ahmed Al-Saffar, said in a statement reported by the official Al-Sabah newspaper and seen by “Al-Iqtisad News,” that “the committee was waiting for the government to send the budget to the parliament yesterday, Tuesday 6/30 according to the scheduled date.”
Al-Saffar added that "after delaying the budget, the government will rely on the monthly interim budget 1/12", stressing, "The government should not rely on the 12/12 monthly budget for 2019, because the disbursement and revenue process requires a legal cover represented by the budget law."
He explained that "either a monthly budget is passed, or a bi-annual budget law is sent for approval in the House of Representatives."
Al-Saffar pointed out that "work without a headquarters budget law will not allow the parliament to exercise its oversight role over exchange and revenue, so we are waiting for the government’s opinion," noting that "legal solutions lie in the approval law, which is not a substitute for the budget, so the committee agreed to Approving the budget so that the government can provide liquidity to implement its obligations, and that what is related to spending and revenue must have a legal cover. "
The decision of the Finance Committee, Ahmed Al-Saffar stressed that "the implementation of Law 12/1 is not permissible in such circumstances, because the general situation of the country differed, and everything related to revenues, oil prices and exchange gates also changed, therefore, without approving a budget, the government is not entitled to receive any revenue , And the only legal cover is the budget law. "
He said that "the committee communicates with each other via the Internet because of the health status of the Corona pandemic and the disruption of the council." Of the investment approved by the House of Representatives within the borrowing law, and up to 15 percent of the amounts borrowed for ongoing projects in the 2019 Budget Law, and approved in the House of Representatives, with work to prepare the budget of 2021, both operational and investment, and that is the legal solution.
Al-Saffar reiterated that "the government should focus on the operational side of the semi-annual budget, as well as focus on the investment side for 2020 relocating to the budget of 2021, and that the government start preparing a draft budget for 2021."
It is reported that yesterday, Tuesday, June 30, the supposed legal period for sending the general budget to 2020 to parliament expired without accomplishing this, so that parliamentary requests to prepare it for six months or a month only come.
Source: The coming days will witness a major political battle that could lead to a military coup
An informed political source revealed, on Wednesday, that the coming days will witness a major political battle and may be followed by a street explosion or a military coup.
The source told "Al-Ikhbaria" that "a political battle has started in Iraq and that attention will be largely directed towards parliament and the government's steps."
"The political battle will be great, followed by a street explosion later, if the centrists lose power or almost a military coup if the radicals lose," he added.
US Firm wins $15m Iraq Training Deal
Spartan Air Academy Iraq LLC , Irving, Texas, has been awarded a $14,769,952 firm-fixed-price modification (P00006) to contract FA8617-20-C-6232 for the Iraq T-6A contractor logistics support and training maintenance program.
The modification provides for the exercise of an option to extend the term of the contract for the continued services needed in order to effectively maintain and operate a fleet of 15 T-6A training aircraft.
Work will be performed at Balad Air Base, Iraq, and is expected to be completed Dec. 31, 2020.
(Source: US Dept of Defense)
Linxon Wins $80m Order for Substations in Iraq
Swedish company Linxon has won an order of around $80 million to the Ministry of Electricity in Iraq for delivery of four turnkey 132/33 kV GIS substations. The contract forms part of the Electricity Sector Reconstruction Project (Phase 2) financed by Japan International Cooperation Agency (JICA) .
The delivery includes all needed equipment (High Voltage 132 kV GIS, 132/33 kV power transformers, 33 kV switchgear, control & protection system, communication system etc) as well as design, civil construction works, installation and commissioning. The delivery time is 18 months and the project will start around July, 2020.
Frédéric Tréfois, CEO of Linxon, said:
"We are honoured to have received this mandate and are grateful for the collaboration and support by JICA in financing this project.
"This type of EPC (Engineering, Procurement and Construction) project truly demonstrates the confidence of our clients in our comprehensive offering and our ability to deliver enhanced value.
"We have a good relationship and long-standing experience working with the Ministry of Electricity in Iraq in helping the country to ramp up it's electricity capacity. I am proud of the Linxon team demonstrating resilience and winning this award during the current situation".
JICA is the agency implementing Japan's Official Development Assistance (ODA). JICA works proactively to address development challenges in Iraq by utilizing Japanese ODA loans. The Electricity Sector Reconstruction Project supports construction of power transmission and distribution facilities in Iraq, where the demand for electricity is especially high.
Linxon is a joint venture company set up in 2018 by SNC-Lavalin and ABB to deliver turnkey electrical AC substation projects.
(Source: Linxon)
Oil prices climb after U.S. inventory drop signals demand rise
link
Oil prices rose on Wednesday after an industry report showed crude stockpiles in the United States staged a bigger drop than expected, suggesting demand is improving even as the coronavirus outbreak spreads around the world.
Brent crude LCOc1 rose 31 cents, or 0.8%, to $41.58 a barrel by 0632 GMT after declining more than 1% on Tuesday. U.S. crude was up 35 cents, or 0.9%, at $39.62 a barrel, having dropped by 1.1% in the previous session.
U.S. crude and gasoline stocks fell more than expected last week, while distillate inventories rose, data released by the American Petroleum Institute (API) late on Tuesday showed. [API/S]
Crude inventories dropped by 8.2 million barrels to 537 million barrels, against analysts’ forecasts for a draw of 710,000 barrels.
“Investors would be keen to watch if the EIA (U.S. Energy Information Administration) ... matches or confirms the API data, which would be bullish for crude oil markets despite the increased concern about the spread of the coronavirus,” said Avtar Sandu, senior commodities manager at Phillip Futures.
Official inventory data from the EIA is due out later on Wednesday.
Also supporting prices was a drop in output from the Organization of the Petroleum Exporting Countries (OPEC) to the lowest in two decades in June.
The 13-member grouping produced an average of 22.62 million barrels per day (bpd) in June after they agreed to cut output, a Reuters survey found, down 1.92 million bpd from May’s revised figure.
“The fall in output means that OPEC over-complied with the deal in June, with compliance coming in at 107%,” ING Economics said, though noting that the over-compliance followed additional cuts by Saudi Arabia, the United Arab Emirates and Kuwait.
Those producers agreed to more cuts during June than other OPEC members.
“It is likely that compliance will slip again in July, unless we see a significant improvement in compliance from Iraq and Nigeria,” ING said.
Prices for later this year are likely to be capped, analysts said, as the world is awash with oil after the coronavirus caused demand for fuel to drop by around a third.
A Reuters poll of analysts indicated that oil prices will consolidate at around $40 a barrel this year, with a recovery potentially picking up in the fourth quarter.
The coronavirus continues to spread around the world with ever increasing rates of infection. Cases now total more than 10 million with more than half a million people dying after catching COVID-19.
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 Central Bank of Iraq issues controls for managing foreign exchange centers
https://cbi.iq/static/uploads/
The currency auction total sales amount $ not updated for THUR.
including cash sold
ISX Update: At my last checking
Shares Traded: not updated for today
Value Traded: not updated for today
closed
The currency auction total sales amount $ not updated for THUR.
including cash sold
ISX Update: At my last checking
Shares Traded: not updated for today
Value Traded: not updated for today
closed
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
6-30-2020 Intel Guru RayRen98 Today June 30, 2020, the employees salaries were not paid. TV reporting sources in the CBI reveals a development that will allow the distribution of the June salaries within 2 days. A source pointed out that the ministry will start tomorrow, Wednesday, to send a notice to banks to gradually release the salaries of employees in ministries, government departments. The Parliamentary Finance Committee said earlier today, Tuesday, that the government’s financial liquidity to pay the salaries of employees is available, stressing at the same time that the ministry did not send a directive to banks to pay salaries.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
Catnip's Corner:
*************
ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The Council of Ministers holds its regular session, headed by Prime Minister Mustafa Al-Kazemi
The Council of Ministers held its regular session, today, Tuesday, 30 June 2020, headed by Prime Minister Mustafa Al-Kazemi, devoted to discussing a number of issues on its agenda.
At the beginning of the session, the Minister of Health and Environment presented a detailed report on the developments in the work of the Committee to Promote Governmental Action in the areas of prevention, control, health, and awareness about reducing the spread of Corona Virus, which was established by Diwaniya No. 217 of 2020.
The Council discussed the measures taken by the Ministry of Health, and the financial allocations allocated to confront the Corona pandemic, and provide all the necessary capabilities to surround the disease and reduce the rate of injuries.
The Cabinet issued a number of decisions and recommendations:
First / The Ministry of Finance funded the Ministry of Health with an amount of fifty billion dinars from the emergency reserve for the previous year due to the Corona virus pandemic, provided that the Ministry of Health disbursed it exclusively to face the pandemic.
Second / Approval of the extension of the exception granted to the Ministry of Health under the decision of the Supreme Committee for Health and National Safety No. 9 of 2020 for a period of three months, starting from the date of the expiry of the period referred to in paragraph (i) of the above decision.
Third / Approving the recommendations of the minutes of the consultative meeting with the Military Medical Services Directorate in the Ministry of Defense, the Popular Mobilization Medicine and the Medical Services Directorate in the Ministry of Interior, held at the Ministry of Health on 26/6/2020, regarding the response to the Corona Virus pandemic.
Fourth / Voting on the amendment of Cabinet Resolution No. (358 of 2018) regarding a draft agreement to avoid double taxation and prevent evasion of taxes on income and capital between the government of the Republic of Iraq and the government of the Republic of Armenia.
Fifth: Voting on a draft law ratifying an agreement between the government of the Republic of Iraq and the government of the Republic of Tunisia regarding air services.
Sixth: Voting on the draft legal and judicial cooperation agreement in civil and penal matters and extradition between the government of the Republic of Iraq and the government of Ukraine.
Media office of the Prime Minister
June 30 -2020
*************
ARTICLE 2 (from Government of Iraq twitter account)
6-30-2020 around 3 pm Eastern
PM Spokesperson: Only the 13 detained individuals have been released, and the wanted individual remains in the custody of the judicial authorities.
PM Spokesperson: Last week, credible intelligence was received about an attempt to target sensitive locations in Baghdad. In a preemptive operation, the @iraqicts executed an arrest warrant against one individual, and detained 13 others who were later released.
PM Spokesperson: As has been stated before, there are civil servants in Iraq who receive more than one salary from the state; in some cases, three or even four salaries. The @IraqiGovt will end this so that no one working for the state will receive more than one salary.
PM Spokesperson: The @IraqiGovt will take resolute action, under the direct supervision of PM @MAKadhimi to impose state authority on all Iraqi border crossings to tackle corruption.
PM Spokesperson: PM @MAKadhimi directed relevant state-owned plants to maximise the production of medical oxygen to ensure that Iraqi hospitals do not experience any shortage.
PM Spokesperson: The Cabinet today held its weekly regular meeting. The Cabinet discussed #Covid19. PM @MAKadhimi directed state institutions to provide all possible support for Iraq’s national effort to combat the pandemic and provide care for #Covid19 patients.
PM
’s Spokesperson,
, holds his weekly press conference in Baghdad to brief the media on today’s Cabinet decisions and other
policies.
*************
ARTICLE 3
Al-Kazemi, on the anniversary of the twentieth revolution: We refuse to compromise our national sovereignty
Editing Date: 6/30/2020 13:40 • 2 times read
[Baghdad-Ain]
Prime Minister Mustafa Al-Kazemi congratulated the Iraqi people on the 100th anniversary of the twentieth revolution, stressing that this anniversary inspires us more determination to launch strategic plans to build the country and meet the aspirations of broad social strata.
In a statement to Al-Kazemi’s media office, she received [Wayne]: “I congratulate our proud Iraqi people on the 100th anniversary of the Eternal National Revolution, which occupies a cherished place in the conscience of our people, as the first liberating revolution in their modern history, as it came for the Iraqis to govern themselves, and this What we aspire resolutely to accomplish today by seeking to consolidate the values of citizenship, constitutional and human rights, and reject any prejudice to our national sovereignty. "
The statement added, "One of the great aspects of the twentieth revolution ... was that it was truly the revolution of all Iraqis for the sake of all Iraqis, and this was confirmed by feelings of deep solidarity and the feeling that there is a common interest for all people to win."
He continued: "Hence the importance of recalling the foundations and premises of the twentieth revolution, and the necessity of being inspired by the noble values and goals that were heralded in order to face the challenges and dangers, and highlighting the courageous role that our religious references stood, as well as our proud tribes and the masses of our people in cities and rural areas in their response to foreign occupation, and this reaffirms again Its current role also strongly indicates the importance of the Iraqi tribes to support the state, law and civil peace, as well as harnessing all our energies to provide health supplies such as medicines, equipment and devices to defeat the Corona epidemic that ravaged the entire world, including Iraq.
The Prime Minister indicated, according to the statement, "This anniversary now also inspires us with more determination to launch strategic plans to build our homeland on solid foundations that meet the aspirations of the broad social strata of a decent life, especially residents of the disadvantaged provinces, youth and alumni ... In a way that guarantees preparation for early and fair elections, and to complete Building state institutions on solid ground that meets the aspirations of our people to provide services, reconstruction, and political, security and economic stability, and to ensure a real and urgent fight against corruption and enhance Iraq’s standing among the countries of the region and the world.
*************
ARTICLE 4
Al-Hakim: The Revolution of 20 is a pretext for defending the democratic experiment and safeguarding the achievements
Editing Date: 6/30/2020 13:43 • 51 times read
[Baghdad-Ain] The
head of the al-Hikma movement, Mr. Ammar al-Hakim, has counted the centenary of the twentieth revolution as cause to defend the democratic experience" in Iraq.
Al-Hakim said in his tweet on Twitter: "A hundred years ago, the leaders of the Revolution of the Twenty sacrificed themselves so that Iraq would be dear and independent, and today we must preserve this national trust and hand it over to future generations with raised heads and proud souls."
He added, "We are living a century on the anniversary of the immortal revolution of 20 years. We remember and salute a great epic led by the religious authority and supported by Iraqi tribes and masses to lay the foundation for a modern state that represents the start of obtaining sovereignty, independence and decision."
Mr. Ammar Al-Hakim stressed that "this bright page of our history is a cause for all components of Iraq to take the light of defending the democratic experience and safeguarding the achievements made by the sacrifices of the ancestors who inherited them for us to put in the hands of the grandchildren."
*************
ARTICLE 5
In the names .. Representatives of the Iraqi coalition
Editing Date: 6/30/2020 19:48 • 156 times read
Ayna News - Baghdad
The head of the National Wisdom Stream, Mr. Ammar al-Hakim, announced today, Tuesday, the formation of a popular parliamentary coalition in the name of (Iraqis).
Mr. Al-Hakim said during the announcement of the alliance that “he is obsessed with national responsibility, and on the centenary of the immortal revolution of 20 years, we announce today the formation of a major parliamentary political coalition that proceeds from the state and moves in the state’s space and the result of his effort returns to the state, and supports the strong, capable, and nationally sovereign state , And the pure popular will, away from the quotas and narrow factional agendas, and out of the suspicious deals and useless temporary understandings. "
He stressed, "This major alliance, formed by a number of political forces and independent national figures, carried, as members wanted it, the name (Iraqi coalition); to express a sincere accompaniment to the successive transformations taking place in the country, taken from moderation, moderation, support for the national project and unitary speech." , A solid basis for representing the forces of the state in a clear and fair manner. "
.......Below is a list of the parliamentary bloc of the Alliance Names {Iraqi}:
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