The dollar's exchange rate on The Iraqi market stabilized Thursday 13 August 2020.
According to a reporter of The Shafq News Agency, the Central Struggle Stock Exchange in The capital Baghdad recorded 123,600 Iraqi dinars against 100 U.S. dollars, while al-Harithiya exchange recorded 123,600 dinars against 100 U.S. dollars.
These are the same prices recorded on Wednesday on the Struggling Stock Exchange.
He pointed out that the selling prices in banking shops in the local markets in Baghdad amounted to 124,000 dinars, while the purchase prices were 123,000 dinars for every 100 U.S. dollars.
The Erbil Stock Exchange in The Kurdistan Region of Iraq recorded selling prices of 123,600, and purchase prices of 123,500 per 100 U.S. dollars.
According to a reporter of The Shafq News Agency, the Central Struggle Stock Exchange in The capital Baghdad recorded 123,600 Iraqi dinars against 100 U.S. dollars, while al-Harithiya exchange recorded 123,600 dinars against 100 U.S. dollars.
These are the same prices recorded on Wednesday on the Struggling Stock Exchange.
He pointed out that the selling prices in banking shops in the local markets in Baghdad amounted to 124,000 dinars, while the purchase prices were 123,000 dinars for every 100 U.S. dollars.
The Erbil Stock Exchange in The Kurdistan Region of Iraq recorded selling prices of 123,600, and purchase prices of 123,500 per 100 U.S. dollars.
The Markets:
Asian markets closed mixed NIK up by 1.78% HSI down by .05% SHANG up by .04%
The UK markets are currently trading mixed 2 up from .05% to .28 the others are down from .16% to .93%
Our futures are currently trading in the red the DOW at 27838 is down by .10% SNP at 3365 down by .13% NDX at 11109 down by .15%
Precious Metals:
Gold is green at 1930 Silver is green at 26.03 Copper is red at 288 Platinum is green at 944
Brent 45 WTi 42
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1165.5000 |  1216.3000 | 1193.1000 | 1192.1000 | 1193.1000 | 0.1000 | 10:46 |
| USD/VND | 23174.0000 | 23175.0000 | 23164.3000 | 23162.3500 | 23162.3500 | 3.0900 | 00:00 |
| USD/CNY | 6.9438 | 6.9458 | 6.9449 | 6.9320 | 6.9362 | 0.0080 | 05:12 |
| USD/KWD | 0.3054 | 0.3064 | 0.3058 | 0.3056 | 0.3058 | -0.0003 | 04:38 |
| GBP/USD |  1.3091 | 1.3092 | 1.3092 | 1.3028 | 1.3032 | 0.0059 | 05:13 |
| USD/IRR | 42000.0000 | 42210.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 04:44 |
| USD/IDR | 14844.0000 | 14844.0000 | 14892.0000 | 14673.0000 | 14711.0000 | 134.0000 | 05:13 |
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Girl's mother killed during ZOOM class...
US Budget Deficit Climbs to Record $2.81 Trillion...
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Drive-in style rave coming to Orlando...
REI Built Iconic HQ. Now Company Wants to Sell Before Moving In...
Girl's mother killed during ZOOM class...
Iraqi Articles:
Source: Al-Kazemi was exposed to an assassination attempt by poisoning
An informed source revealed that Prime Minister Mustafa Al-Kazemi was subjected to an assassination attempt by poisoning him in food.
The source, who stressed that his name was not mentioned, told Al-Mustaqilla that the information that was circulated on a small scale yesterday evening, Wednesday, indicates that Al-Kazemi was rushed to the hospital after being poisoned, indicating that some justified the case by eating unhealthy food. Confirmation of the hypothesis deliberately introducing poison into Al-Kazemi's food.
Al-Kazemi had been subjected to severe criticism by the parliamentary blocs because of the policy he pursued in order to fight corruption and change important positions in an attempt to dismantle the deep state, in addition to his continuous statements regarding confining weapons to the hands of the state and confronting fugitive weapons. And its measures regarding controlling border crossings and preventing armed groups from controlling them.
One of Al-Kazemi's close advisors, Hisham Al-Hashemi, has previously been exposed to an assassination attempt, the background of which has not been revealed yet, while the Prime Minister is under pressure from the demonstrators to reveal the parties that targeted the protesters in October 2019 and the months that followed and hold them accountable.
Al-Kazemi was preparing to visit Washington and meet with US President Donald Trump, after his visit to Tehran and his meeting with the Supreme Leader of the Islamic Revolution and the Iranian President.
Commander of the US Central Command: We seek not to inflame the situation in Iraq
The Commander-in-Chief of the US Central Command in the Middle East, General Kenneth Mackenzie Jr., expected that the American and NATO forces would maintain a long-term presence in Iraq, pointing out to seek not to inflame the situation in Iraq .
"Washington will reduce its forces in Iraq and Syria, probably in the coming months, but he has not yet received orders to start withdrawing forces, " McKinsey said - in a statement reported by Alsumaria News today .
"I expect that the American and other NATO forces will maintain a long-term presence in Iraq, to help fight terrorism, and he refused to disclose the size of this presence, " the US commander added .
He stressed that the United States can withdraw its forces from Iraq and Syria, because local forces are increasingly able to confront (ISIS) on their own, with some American technical, intelligence and logistical assistance .
For his part, William Robock, the US Deputy Special Envoy for the Global Coalition to Defeat (ISIS), said, "Our assessment of ISIS is that there is a threat, but it is not an increasing threat," indicating that it is unable to launch attacks or complex operations .
According to US media, the Pentagon wants to reduce its forces in Iraq due to the attacks on the coalition forces, which resulted, last March, in the killing of 3 soldiers and wounding 14 others .
Al-Sudani: Iraq is vulnerable to financial and economic collapse
The committee to follow up on the implementation of the government program and strategic planning called for the legislation of the new retirement and social security law, the activation of laws for the development of the private sector, and social protection for the poor, while he warned that the state’s continuation of the policy of relying on oil revenues will push the country towards financial collapse And economical.
A member of the committee, Muhammad Shiaa al-Sudani, said in an interview followed by / the information /, that “there are many important laws that support the state’s approach to reform, revitalize the economy and provide job opportunities, including the Social Protection Law, strategies to support the private sector, and Iraq's vision for the National Industrial Strategy 2030, which is Ambitious plans need implementation and follow-up.
Al-Sudani added that “the plans aim to advance the economic reality and support the poor classes, in addition to enacting a law that guarantees the rights of a large segment of workers in the private sector and their equality with their peers in the government sector, which is the Social Security Law that was prepared in 2017 and is still in the Cabinet until today. "He pointed out that" the crises that the country is going through are many, and priorities for these problems must be determined according to severity and importance, and solutions should be permanent and not prosthetic. "
He explained, “Talking about border crossings without introducing an automation system in all transactions and procedures that take place inside the port is futile, and tax manipulation and non-compliance with laws will continue, with our need for a security system that holds the ports and prevents extortion and exploitation of the merchant or employee, pointing out that there are serious crises that need To frankness and disclosure with the people.
Al-Sudani stressed that “the state’s continuing policy of relying on oil revenues will push the country towards financial and economic collapse, so there must be bold decisions and solutions, including activating the industrial and agricultural sectors to contribute to preserving hard currency, and providing job opportunities that relieve the state.”
Angry demonstration in front of 'Alwa' Al-Shuyoukh Market: They raised the commission to 1000 dinars!
On Thursday, a group of Kasbah organized a demonstration in front of Alwa Vegetables in Souk Al-Shuyoukh district and burned tires to protest the increase in commission to 1,000 dinars per box.
The "People" correspondent said, (August 13, 2020), that dozens of grocers were surprised today by the increase in the commission fee by fruit and vegetable merchants in Alwa Al-Shuyukh market, and they called on the governor of Dhi Qar to intervene immediately and urgently to solve the problem, and return the commission to what it was (500) dinars. Per box.
He added, that the demonstrators also called for intensifying supervision over fruit and vegetable merchants and not allowing them to manipulate prices and exit fees, as most of the Al-Shuyukh market people have limited income and have been affected over the past ten months during the demonstrations and the imposition of a curfew after the outbreak of the Coronavirus.
And he continued, among the demands was to expedite the selection of a new mayor or a temporary assignment until the choice of the mayor, as the position has been vacant since the former mayor, Hussain Faraj Al-Hussainawi, was exempted.
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 $ 203,999,257 .
including $ 0 in cash
ISX Update:
including $ 0 in cash
ISX Update:
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-12-2020 Intel Guru Frank26 ...the details have been worked out for the monetary reform, those details were a long time ago. What we're seeing as far as the 20th with the Prime Minister Kazimi and our President Trump is nothing more than a table that has already been set. Kazimi's coming over to feast off of that table. It's nothing more but a formality. It's really about the investments that the United States of America is about to make in Iraq . Now there's no way we can do this unless they're Article VIII which means that they have to raise the value to be Article VIII according to the IMF. They have to make this announcement.
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
Catnip's Corner:
*************
ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The National Security Council holds its session chaired by the Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi
Today, Wednesday, August 12, 2020, the National Security Council held its regular session chaired by the Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi.
The council discussed the topics prepared for its agenda, in addition to discussing urgent and new issues, and took appropriate decisions regarding them.
The Council strongly condemned the Turkish aggression on Iraqi lands and the targeting of leaders of the Iraqi officers, stressing that this act is a major violation of all standards for dealing between countries, a violation of good neighborly relations, and a major threat to the Iraqi national security and the stability of the region, and that Iraq will exercise all means to defend its security and protect Its citizens, including diplomatic messages, indicating that the government has decided to cancel the visit of the Turkish Minister of Defense and another Turkish delegation to Baghdad, stressing the need for the Iraqi Ministry of Foreign Affairs to coordinate with the international and Arab community in the diplomatic framework to condemn this aggression and take the necessary measures.
He indicated that Iraq is committed to a policy of good neighborliness and non-interference in the internal affairs of countries, and that the constitution of Iraq confirms that it will not be a seat or a corridor for any aggression or targeting of neighboring countries, and it will not allow its lands to be used as a starting point for carrying out terrorist operations against neighboring countries, especially Turkey.
The council also discussed the assessment of the security situation throughout the country, and the security services were emphasized to strengthen security in Baghdad and the governorates, protect demonstrations and deal with demonstrators in accordance with human rights principles, as well as the right demands of demonstrators in Baghdad and the governorates, as the council directed that local administrations in the governorates and ministries be established By taking its role in solving the existing problems and providing everything that serves citizens.
The meeting issued a set of decisions and directives, and the council also listened to a presentation made by the Governor of Wasit due to the security, social and economic suffering of the governorate, and the set of proposals submitted to recover the reality of the governorate and meet its requirements, as the council discussed these proposals and find appropriate solutions to them as soon as possible.
The Council also discussed the issue of the security, social, service, and economic situation and the enhancement of stability in the Tarmiyah district, and directed to follow up all ministries for the purpose of providing the requirements, and to open their branches in the judiciary to provide for the citizens' requirements, stressing the need for community participation from the sons of the judiciary to actively participate with the security and service agencies to enhance stability in the judiciary.
The council also discussed other topics on its agenda and took the necessary decisions regarding them.
Media Office of the Prime Minister
12-Aug-2020
*************
ARTICLE 2 (from Government of Iraq twitter account)
8-12-2020 around 4:45 pm Eastern
We call on the Kurdistan Regional Government to fulfill its constitutional obligations and return to the negotiating table in the public interest
Iraq’s Federal Ministry of Finance affirms that the @IraqiGovt seeks to reach a final settlement on this issue in an amicable manner, and within the constitutional framework to secure the rights of the people of Iraqi Kurdistan, especially civil servants and pensioners.
The @IraqiGovt seeks to ensure that the payments of salaries to employees and of pensions to our citizens in Kurdistan Region are made within the legal framework, and in a manner that ensures that they are not wasted and that they reach those who are entitled to receive them.
The Kurdistan Regional Government failure to show sufficient flexibility to resolve this problem, and its attempt to blame the @IraqiGovt for the outstanding issue of financial payments, represent an unacceptable evasion of responsibility.
The @IraqiGovt, acting within its constitutional rights to secure border crossings and monitor imports and customs deductions, put forward the principle of partnership contained in Article 114 (First) of the Constitution to secure control over border
The statement by Kurdistan Regional Government lacked precision in identifying the basis of the problem. The Federal Ministry of Finance has shown great flexibility in order to reach an agreement that serves the interests of the people of Iraqi Kurdistan Region.
Iraq’s Federal Ministry of Finance expresses its surprise at the statement issued today Wednesday 12/08/2020 by the Council of Ministers of the Kurdistan Regional Government on the outcome of these discussions.
Iraq’s Federal Ministry of Finance issues a statement on the outcome of the discussions with the Kurdistan Regional Government on financial payments, the regulation of federal imports and border crossings.
*************
ARTICLE 3
Parliament is heading to legislate 4 important laws
12/8/2020 15:54 •
[Erbil-Where] A
deputy from the Patriotic Union of Kurdistan announced, on Wednesday, that the parliament is moving to legislate 4 important laws.
According to her party's media, Dylan Ghafour said, "The House of Representatives is currently on legislative recess until 3/9/2020, but there may be extraordinary sessions."
She added, "There are 4 important laws before the House of Representatives, which he must legislate before holding early elections.
And she indicated, "The House of Representatives will legislate those laws in the event that its sessions resume after the end of the legislative recess."
*************
ARTICLE 4
Parliament issues clarification on the talk about its performance and the reason for the suspension of the sessions
12/8/2020 11:07 •
[Baghdad-Where]
Parliament issued today, Wednesday, an explanation regarding the talk about its performance and the reason for stopping the sessions.
The council’s media department said in a statement received by [Ayn] that "recent statements have been issued conveying inaccurate and wrong information about the performance of the House of Representatives, which is contrary to reality and contradicts official statements."
And she added, "We confirm, with the numbers proven in the reports and statements of the House of Representatives departments, officially that the number of sessions that have taken place since the beginning of the current legislative session has reached 99, and that the number of laws voted on reached 38."
And she continued, "We also clarify that the laws that have been read in a first reading have reached 103 laws, while the laws that have been read reached a second reading of 58 laws."
And she added: "We show the public opinion that the parliament’s sessions were stopped recently due to the recommendations and decisions of the Crisis and National Safety Cell, and that the parliament is awaiting the decision of this body concerned with the Corona pandemic, in order for the Parliament to reconvene normally and continuously, as it was before the pandemic spread."
She emphasized that "the work of the parliamentary committees and the presidency of the Council is continuing and has not stopped. Many officials and ministers have been hosted and the issuance of many official books and directives regarding the country's issues and the various crises of the Corona pandemic and the financial crisis for which a special session was held to legislate the internal and external borrowing law and rejected the decision to cut the salaries of retirees and employees." As well as issues related to the problems faced by citizens, the latest of which was the formation of a higher investigation committee on contracts for the Ministry of Electricity and hosting many ministers and officials in various ministries in order to address the crises the country is going through.
She concluded by stressing that "the House of Representatives and its affiliated departments work on a daily basis, like other ministries and government institutions, according to what the health authorities decide," wishing "everyone to be careful and objective in transmitting information and approving it from its official sources."
*************
ARTICLE 5
Parliamentary: Three Goals of Al-Kazemi's Visit to Washington
12/8/2020 12:47 •
[Baghdad-Where]
Independent MP Nada Shaker Jawdat spoke on Wednesday about three goals for Prime Minister Mustafa Al-Kazemi's upcoming visit to Washington.
Jawdat said, "We are looking, through the prime minister's visit to Washington, for the economic file to be presented, because it is the first pressing file that must be worked on by securing the investment side. Therefore, we hope that the prime minister will work to open the horizon of mutual cooperation and build economic relations that support and revive the economic side." in Iraq".
Jawdat added, "The aim of the visit is to restore Iraq's regional status, keep it away from political and military conflicts between the countries of the region, and preserve its national sovereignty," noting "the need to raise the pending issues, and to invest this visit in laying the foundations for relations based on the common interests of peoples."
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