SATURDAY Special Edition The Iraqi government decides the fate of the dollar exchange and the degrees of deletion and creation
These are the articles I discussed on the My FX Buddies Podcast
The Governor of the Central Bank talks about the settlement of salaries and the work of the banking sector
The Governor of the Central Bank of Iraq spoke, on Wednesday, about the project to localize salaries and other electronic operations that pertain to the work of the banking sector.
A statement by the bank, which “Nass” received a copy of, (August 11, 2021), stated that “the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, spoke during a lecture he gave at the Defense University for Higher Military Studies, which included introducing the tasks, work and objectives of the Central Bank, in the presence of elite professors The university and a number of officials of state ministries: about the monetary policy followed by the Central Bank and its tools.
The statement added, "The governor also dealt with the initiatives launched by the Central Bank of Iraq and their direct effects in supporting and consolidating the economic and financial situation in light of the Corona pandemic, and the challenges facing public finance, as his initiatives were assigned to lending small and medium projects to the real sector that was affected by crises and challenges." .
The statement indicated that "it also touched upon the Central Bank's procedures in developing the banking sector and correcting some of the approved methodologies, and emphasized the project of localizing salaries and other electronic operations that pertain to the work of the banking sector."
He continued, "To that, the President of the University and the Dean of the Defense College for Higher Military Studies thanked and appreciated the Governor of the Central Bank for accepting the invitation to visit and the information included in the lecture in a way that serves the Iraqi economy."
This is the account that they get their salaries sent to
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Parliamentary “Finance” expects to achieve a surplus in Iraq’s budget 2021
The Finance Committee of the Iraqi Parliament suggested, today, Friday, a surplus in the federal general budget for the current fiscal year 2021, due to the increase in oil export prices above the planned rate in the budget law
Committee Rapporteur Ahmed Al-Saffar said in a statement to the Iraqi News Agency (INA): “Calculating the financial deficit is annually and not monthly, but by calculating oil revenues during the first six months of this year, it is noted that the difference between the selling price of oil and the rate of the planned price in the budget law covers the deficit.” In full, if the same rate is calculated for the next six months
Al-Saffar added that "expectations indicate a rise in oil prices, and they are now on a continuous rise, and perhaps the deficit will be covered and a surplus will also be achieved as a result of the rise in oil prices and the change in the dinar exchange rate and its reduction against the dollar, which provided the government with sums that can cover the deficit and more
On the 14th of last July, the Federal Supreme Court postponed the date for appealing the Federal Budget Law for the fiscal year 2021, as a judicial source stated to the Iraqi News Agency (INA), that the Federal Supreme Court postponed the date for appealing the Federal Budget Law for the fiscal year 2021, to the twenty-fourth of this month
Parliamentary proposals to adopt a price of $55 per barrel of oil in the 2022 budget
Committee member Jamal Kougar said, in a press interview, that “calculating next year’s budget on $50 a barrel is a good thing, and if I were the Minister of Finance, I would have built the budget on $55 a barrel, as it is a very appropriate price, especially since it is not possible to predict oil prices, as there was a decline After a rise,” he added, “but we expect an increase in prices with the intensive vaccination campaign (against Corona) in all countries of the world, and this means that we are moving towards the decline of the epidemic.”
He added that "oil prices today are more than what the 2021 budget was built on due to the fear that prices are subject to decline according to the markets," noting that "building the 2022 budget realistically - according to the statements of the Minister of Finance - is a good thing because the 2021 budget was exaggerated and even the expenditures were large, as It was reduced from 168 trillion to 130 trillion, and the government has not yet spent this amount either."
Finance Minister Ali Allawi had announced that the ministry had begun preparing the 2022 budget a few days ago, and it will have a reform dimension, as it "different from previous budgets" and reflect "the reality of Iraq's obligations", while he indicated that the price of a barrel in the new budget will be 50 dollars, which is an adjustable figure, However, the value of a barrel of oil in the market is currently much higher, exceeding sixty dollars.
Economist: The Iraqi market has adapted to the change in the price of the dollar and a segment that has dispensed with necessary needs
The economic expert told {Euphrates News} that "the Iraqi market adapted to the dollar's exchange rates," while those with limited incomes dispensed with the basic necessities due to the impact of their living needs.
He added, "We hope to double the food basket with the ration ration to compensate for this segment, and there are families that have dispensed with a set of requirements to provide for their pension, as there are large families, which reduced the price of the dinar to reduce their monthly salary at a rate of one hundred thousand per 500."
He concluded by saying: "People with high incomes do not affect them much on their livelihood.
The government decides the fate of the dollar exchange and the degrees of deletion and creation
Cabinet spokesman Hassan Nazim announced, on Friday, that "the file of government appeals in some items of the general budget for the year 2021 is still being considered by the Federal Court, and everyone is still waiting for the results," noting that "the Ministry of Finance has started meetings for preparing a budget." 2022 and in coordination with the Ministry of Planning.
Nazim confirmed to the official news agency, "The government is trying not to fall into the problems of delaying the budget, as happened in the year 2021, so it has started from now on arranging the conditions for the 2022 budget and preparing it in a timely manner, and this matter is positive and important."
He continued, "The exchange rate is a project that has been on the table for many years before previous governments that did not dare to take it, and it is not new or heresy from this government, so previous governments did not dare to implement it because it would reflect on them negative opinions, media campaigns and otherwise," stressing that "these The government took the initiative and decided to change the exchange rate of the dollar in the interest of the Iraqi economy as a whole."
He noted that "there may be a negative situation or an increase in prices, but these are partial challenges, but with the overall vision of the reform paper (the white paper), the Iraqi economy will accept greater problems unless the dollar exchange rate changes, so the government benefited from the change in the exchange rate and the projects benefited from this change. Also, and that the Iraqi economy will recover little by little, and not only by changing the exchange rate, but for all the decisions and visions of the white paper in this government."
He added that "the issue of preparing a new salary scale for employees is one of the contentious issues that are still between the executive and legislative authorities, but it is a problem in the first place related to the legislative authority," noting that "the government cannot change salaries because changing them is a matter of law and the law does not change except by the Council of Ministers." Representatives."
He pointed out that "the current economic and health conditions have limited a lot of discussion on this issue," noting that "there are partial solutions launched by ministers for employees with low salaries and as permitted by law, including hazard and professional allowances and legal allowances, but as a total project related to changing this salary scale. It is a matter of the legislature.
And regarding the degrees of deletion and creation, he explained that “the state ministries prepared the degrees of deletion and creation resulting from the referral to retirement and deaths and started preparing them and sent to the Federal Service Council, which was entrusted with issues of appointments,” noting that “the degrees of deletion and creation remain in the ministries, but it is governed by the Budget Law for 2021. Which suspended appointments with the possibility of referring them to the budget for the next year with the possibility of disposing of them when necessary sometimes.”
Al-Najjar reveals a reason that hinders investment in Iraq
The head of the Investment Authority, Suha Al-Najjar, revealed today, Thursday, a reason that hinders investment in Iraq.
Al-Najjar said in a statement to Al-Iraqiya News, "The Investment Authority is stressing today on granting the investment license, but one of the most important problems we face is the absence of the real investor."
She pointed out that "the first stages of the Rafael project do not approach the lands of citizens," noting that "the commission will grant Rafael projects to the serious investor and prefer the Iraqi investor."
And regarding the Besmaya project, she explained: "We are in a state of negotiation with the Korean company in Besmaya," stressing "the authority's desire to continue the
Korean in Besmaya."
Iraq is the new power broker in the Middle East
After decades of merely introducing chaos, Baghdad is trying to become a leading power in the region.
Written by Stephen A. Cook, Foreign Policy columnist and Eni Enrico Mattei Senior Fellow for Middle East and African Studies at the Council on Foreign Relations.
Iraqi Prime Minister Mustafa al-Kadhimi listens while US President Joe Biden speaks.
Iraqi Prime Minister Mustafa al-Kadhimi listens as US President Joe Biden speaks during a bilateral meeting in the Oval Office at the White House in Washington on July 26.
The Turkish Ahval news website reported last week that the Iraqi government had invited Turkish President Recep Tayyip Erdogan to attend a regional security summit that includes Iran, Syria, Saudi Arabia, Jordan, Kuwait and the European Union. Since then, other news outlets have reported that the guest list also includes the United Arab Emirates, Qatar and Egypt. The meeting, scheduled for late August, is just the latest effort extending into 2019 by the Iraqi leadership to be a constructive force in the Middle East.
This represents a big change. Before domestic instability, violence, and corruption in the wake of the US invasion became the dominant narrative about Iraq, US media, analysts, and government officials focused on the country as a source of regional instability. Not without good reason, of course. Iraqis played a role in the attempt to overthrow King Hussein in Jordan in September 1970. A decade later, Iraqi President Saddam Hussein launched military operations that became the eight-year Iran-Iraq war that killed between one and two million people. Saddam then invaded Kuwait in August 1990, declaring it the nineteenth Iraqi province.
Now, Iraqi Prime Minister Mustafa al-Kadhimi, who has earned high marks from almost everyone for his determination to transform Iraq's political and economic fortunes, believes that to have a chance to solve problems inside Iraq, he must play a role in helping to settle the problems around him. He might be interested in something. Instability in Iraq's neighborhood contributes to the country's multiple problems — but does Baghdad have the influence, resources, and prestige to shape a more stable region? The Iraqi leader has some assets to work with here, mostly his own stature and the relationships he nurtured as head of Iraq's intelligence service between 2016 and 2020, but it remains unclear why the Saudis, Emiratis or Egyptians need Iraq's help.
The first indication of the Iraqi government's new and more constructive approach to the region actually predates Al-Kazemi's ascension to the premiership. In the spring of 2019, Egypt, Jordan, and Iraq announced their intention to establish a mechanism for economic and geopolitical cooperation. At the time, few who did took notice, and tended to dismiss the effort as an increasingly irrelevant venture. Iraq has suffered countless political and security problems since Operation Iraqi Freedom and has had distant and difficult relations with other regional powers. Egypt has turned inward and has shown little ability to shape events in the region outside the Gaza Strip. Jordan has lost ground in recent years as both the Trump administration and the Netanyahu government in Israel have preferred to deal with the Saudis and Emiratis.
After two years and four leadership meetings, the Iraqis, Egyptians, and Jordanians agreed to build a pipeline from Basra to Aqaba with plans to extend it to Egypt, connect their electricity networks to reduce Iraq's dependence on Iran, and supply the Egyptians and Jordanians. Companies have the opportunity to participate in the reconstruction of Iraq. As is often the case, what is put on paper may not materialize, but even if these plans are only partially realized, they are likely to benefit the Iraqis.
There are also clear political and geostrategic benefits to the trilateral relationship of Al-Kadhimi and Iraq. At the recent meeting between Egyptian, Iraqi and Jordanian leaders in late June, the prime minister emphasized that Arab countries seek to develop a “common vision through cooperation and coordination” to resolve conflicts in Syria, Palestine, Libya and Yemen. . At first glance, this seems like the kind of careless line that leaders use to fill the void and add oomph to their conversational contest, but in this context, it actually means something.
Al-Kadhimi suggests that when power passed to the Arab Gulf states about a decade ago, the regional security environment deteriorated. Iraq, Egypt and Jordan are now ready to pick up the pieces and promote stability. It is undoubtedly a statement that serves the interests of others and is not entirely true. The Egyptians, for example, are complicit in the Gaza freeze, supported Khalifa Haftar's war in Libya, and quietly supported the Syrian regime. Not exactly a stabilizing force, but in the case of Iraq, Al-Kadhimi has quietly worked to end the regional rivalries that have exacerbated the problems of Iraq and the Middle East.
Last spring, Middle East watchers were excited about reports that Baghdad was mediating between Saudi Arabia and Iran. The Iraqis are also credited with pushing the reconciliation between Turkey and Egypt, and there are rumors that they are doing the same between Ankara and Abu Dhabi. Alleviating these regional rivalries would certainly benefit Yemenis, Palestinians, Libyans, Syrians, as well as Iraqis. But there is also an Iranian dimension to this communication. Al-Kadhimi is smart enough to know he can't get the Iranians out of Iraq, so he needs to be more careful.
Establishing strong ties with important regional powers such as Egypt, Jordan, Turkey, Saudi Arabia, and the United Arab Emirates provides him with more depth and strength to pull Iraq out of Iran's control without inviting Tehran to harm. The Iraqis are realistic, of course. Iran will always be influential and have interests in Iraq, but by taking on a greater role for itself among the Arab states, Al-Kazemi has a better chance of establishing something more akin to state-Iran relations than one that looks more like an oppressor.
What are the chances of Al-Kazemi's success? To start, give the Iraqi commander credit for trying. Iraq's internal problems are difficult enough to resolve without the increasing pressure of regional problems. In late 2019, for example, Turkish air strikes in northeastern Syria caused an influx of tens of thousands of Syrian Kurds into Iraq, further burdening the country. In the prime minister's favour, there appears to be some real interest in calming regional tensions, but here's the problem with declaring that "Iraq is back" and making Baghdad the centerpiece of US policy in the region: To what extent can anyone attribute this desire? Who are the Iranian, Saudi, Turkish, Emirati or Egyptian leaders to appease Al-Kadhimi's efforts? They may have decided in their own political and national interests that it was now time to pursue less inconsistent policies.
Erdogan's unnecessarily aggressive foreign policy over the past few years has alienated Turkey in the Middle East and alienated Ankara's allies in Europe and the United States. Bad economic news and inefficiency in dealing with disasters like COVID-19 and wildfires have hurt the Turkish president politically. As a result, it seems like a favorable moment to seek better relations with Saudi Arabia, the United Arab Emirates and Egypt.
Also consider the Emiratis. They indicated that they are no longer working on trying to shape the geopolitics of the region, withdrawing from Libya and withdrawing forces from Yemen in favor of focusing on economic development. Emirati leaders, in turn, appear more open to an interim settlement with both Iran and Turkey. When it comes to talks between Saudi Arabia and Iran, the meeting of the Saudis with the Iranians in Baghdad costs them nothing and may even provide a boost to Iraqi sovereignty, which is an added bonus for people in Riyadh.
However, despite Prime Minister Al-Kadhimi's mediation efforts, the Egyptians and Turks have yet to normalize their relations, despite expectations that they will do so in May or June. There is still love lost between Turkish leaders and their Emirati counterparts. The Saudis and the Iranians remain cautious adversaries, and restoring diplomatic relations does not appear to be any closer to what it was when word of Iraqi mediation leaked to the press.
However, it is best for everyone that the Iraqi government wants to be useful. While the month of August in Baghdad is not everyone's idea of a destination, the planned secret meeting could be an important step in replacing the despair of recent years with something hopelessly lacking.
Stephen A. Cook is a columnist for Foreign Policy and Eni Enrico Mattei's Senior Fellow for Middle East and African Studies at the Council on Foreign Relations. His most recent book is a book called False Dawn: Protest, Democracy, and Violence in the New Middle East. Twitter: stevenacook
Baghdad: The Neighboring Countries Summit will focus on security and the economy
The Iraqi government spokesman, Hassan Nazim, said on Friday that the "regional neighbors summit" to be held at the end of August in Baghdad "will focus on establishing security in Iraq and the region and building economic partnerships."
Over the past few days, Iraq delivered official invitations to the leaders of a number of Arab and European countries to attend the summit.
French President Emmanuel Macron also announced, on Monday, during a phone call with Iraqi Prime Minister Mustafa Al-Kazemi, that he would participate in the regional summit in Baghdad.
So far, Baghdad has not invited the President of the Syrian regime, Bashar al-Assad, to attend the upcoming summit.
Nazim, who is also the Minister of Culture, said in statements to the official agency, "Ana", that "the Baghdad summit, scheduled to be held at the end of this month, will be attended by important and essential countries from the regional neighbors and others."
He added that the first objective of holding the summit is to achieve stability in Iraq through reaching understandings with the countries of the region, noting that "when the countries of the region stabilize and tensions ease, this will reflect on the stability of Iraq, the region and the neighborhood."
He pointed out that "the second file at the Baghdad summit revolves around the economy, especially since Iraq has great economic partnerships with neighboring countries, including in the field of electricity and petrochemicals, building schools, education projects, agriculture and culture."
Nazim said that "the summit will come out with important decisions related to the economic field and others related to climate change and global warming."
Mustafa Al-Kadhimi's government seeks to bring regional views closer, especially on issues related to Iraq, to distance it from the conflicts in the region and focus efforts to combat terrorist groups.
Baghdad also wants to strengthen its economic relations with neighboring countries and open its doors for investment companies to enter, especially to set up projects in areas affected by the war against the terrorist “ISIS” (2014-2017).
An economist stresses the need to put in place procedures and decisions that guarantee the rights of workers in companies
The expert in economic affairs, Malaz Al-Amin, stressed the need to put in place procedures and decisions that guarantee the rights of workers in companies, shop owners, laboratories, and even contractors.
Al-Amin said in a statement to the National Iraqi News Agency / NINA / that the Parliament, the government and the Ministry of Labor should set strict procedures that compel company owners, shop owners, laboratories and even contractors to list the names of their workers to deduct a small percentage of their wages that will be returned to them doubled when they reach retirement age or are exposed to a situation Sickness prevents them from continuing to work, so as not to be a burden on others.
He added: "The Ministry of Labor and Social Affairs, announced earlier that the number of those covered by social security rose from 250,000 citizens during June of last year, to 610,000 citizens at the end of this July, and this is a good indicator, noting that" the fact that everyone knows is that The number of workers in Iraq exceeds 7 million citizens, and these are not covered by social security, meaning that when they are exposed to damage, disability, or age, they are not covered by social security salaries due to the lack of seriousness in implementing the laws in force to force the owners of companies or shops to register the names of workers with the Social Security Department ".
He said:" the laxity in the loss of a large slice of the rights of citizens is causing great harm to this segment made flower youth work in the maquiladora and endured weather conditions and harsh nature of the work. "
He stressed the importance of the House of Representatives, the government and the Ministry of Labor setting strict procedures that compel the owners of companies, shop owners, laboratories and even contractors to include the names of their workers to deduct a small percentage of their wages to be returned to them double when they reach retirement age or they are exposed to a condition that prevents them from continuing to work, and in order not to They will be a burden on others, indicating that although the amount of the guarantee salary is small, it constitutes moral support for the guaranteed worker that society appreciates his efforts he made earlier and contributed to building and progressing the country.
Dhafer Al-Ani sets the goals of the leaders’ conference in Iraq: Washington will attend the “Baghdad Summit
The Parliamentary Foreign Affairs and Relations Committee confirmed, on Friday, that France and the United States will participate in the Iraqi Neighborhood Conference to be held at the end of this month, while identifying a set of issues to focus on in the conference.
Committee member MP Dhafer Al-Ani told the official agency, followed by "Nas" (August 13, 2021), that "the countries invited to the conference to be held in Baghdad are concerned with the security and stability of Iraq," noting that "most of the internal problems stem from regional conflicts and interference in the Iraqi affairs."
He added that "the conference should come out with a practical result to banish foreign interference and not raise thorny files related to inter-state differences," stressing the need for "the conference to seek how to restore Iraq's security, health and role in the region."
Al-Ani stressed that "the independence of the Iraqi political decision is important not only for Iraq, but for all countries in the region," pointing out "the importance of the conference focusing on the Iraq file exclusively and keeping regional and international differences away from the Iraqi arena."
He continued, "Iraq should not be a source of threat to neighboring countries, and should not be a gateway to external and internal interference," calling on the government to "prevent the phenomenon of uncontrolled weapons that are used repeatedly against neighboring countries."
He pointed out that "the participation of the French president in the conference is encouraging, and the available information indicates that the United States will also participate in the conference," explaining that "these two countries have a major role in the region, and their presence is a calming factor."
The real reform is to activate the private sector
white paper incubator
Parliamentary Finance: The government will formulate the budget and move to the next parliamentary session
On Saturday, August 14, 2021, the Parliamentary Finance Committee linked the next year's budget 2022 to the fate of the .parliamentary elections
Committee member Jamal Cougar said in a statement to a local satellite channel, which was followed by "The Obelisk", that the decision to hold early .elections on their scheduled date should be decided no later than the first of next September in order to determine our paths in dealing with the budget
He went on to say that the current disputes and the accompanying tension and attraction will lead in their entirety to the continued disruption of .Parliament sessions and the failure to pass important laws, foremost of which is the budget
He pointed out that Parliament will have two cases, the first of which is not to postpone the elections, and to keep their scheduled date on the tenth of October, and this means that the 2022 budget will be carried over to the next session, while the current government will prepare the initial formulations .in the hope that the subsequent government will complete the steps
He added that the second case that we will face is to postpone the elections to another date, at which time we believe that Parliament will be able to .legislate the budget
He explained that any further postponement of the elections would exceed February of next year, and therefore we will have plenty of time, perhaps until the end of the current session, according to the specific constitutional terms, and then we will legislate the law in a manner commensurate with the .current economic situation
He resumed saying that saying that political divisions will continue even with the postponement of the elections is true, but Parliament, in turn, will continue its work to legislate important laws under pressure from the Iraqi street, and one of the most important of these laws is the budget, stressing that the current obstruction is the elections and the start of media campaigns and preoccupation with them before The nominated representatives, and .any new postponement will negate the reason for this delay
He expressed his hope that the government would complete the project as soon as possible and send it to Parliament, calling not to repeat the scenario of what happened in the current year’s budget, as we reached the project in mid-February, and it faces two complicated issues, namely the price of a .barrel of oil on the one hand, and the stabilization of the dollar exchange rate on the one hand. other
Cougar went on to say that the whole issue is related to holding the elections or not, but despite that, the government must carry out its tasks, .especially in preparing the draft budget law, until the last day of its life and send it to Parliament
Allawi sponsors a conference to modernize taxes and deductions in Iraq
On Saturday, the Iraqi Minister of Finance sponsored a conference in the capital, Baghdad, aimed at reforming the tax system in the country.
The Ministry of Finance said in a statement received by Shafaq News Agency, the work of the tax system reform conference in Iraq was launched today, under the auspices of Minister Ali Allawi, in the presence of a member of the Parliamentary Finance Committee, Sadiq Al-Sultani, the Undersecretary for Finance and Planning, the Prime Minister’s Adviser, a number of general managers in the ministry, experts, engineers, investors, contractors and industrialists. Businessmen and researchers in the tax sector.
She explained that "the conference discussed a number of main axes that, in their entirety, constitute the roadmap for implementing the reform and development plan for tax policy, the most important of which are: the feasibility of applying the tax system in Iraq, real estate tax, government contracts tax and direct deduction, in addition to discussing the income tax axis on oil licensing companies and salary tax. Private and public sector employees, mobile phone and business tax, and currency auction taxes.
The aspect of tax exemptions on investment projects was also discussed as one of the incentives to attract investors and expand the base of promising development opportunities, according to the statement of finance.
And the Minister of Finance indicated, according to the statement, that the conference aims to discuss mechanisms for reforming and modernizing the current tax system by reviewing legislation and tax laws and instructions for their implementation in line with the challenges of the current economic reality, and the impact of the tax sector on the monetary and financial policy in the country.
He pointed out that the importance of holding the conference came according to several necessities, the most important of which is that the current tax system does not meet the requirements of economic advancement and does not support the elements of achieving comprehensive and sustainable development.
He added that these reforms will have positive repercussions that will provide the necessary revenues to finance the state's public expenditures, activate the investment reality and establish development projects that provide new job opportunities among young people.
Allawi stressed that the Ministry of Finance is proceeding towards implementing its reform programs related to tax policy, as it is one of the most important strategic objectives stipulated in the white paper, indicating that the Ministry pays great attention to the field of introducing global technology and modern digital systems by fully automating the tax work and benefiting from international expertise and discreet companies. Specialized in the tax field and providing tax services with high quality and accuracy.
Dhafer Al-Ani sets the goals of the leaders’ conference in Iraq: Washington will attend the “Baghdad Summit
The Parliamentary Foreign Affairs and Relations Committee confirmed, on Friday, that France and the United States will participate in the Iraqi Neighborhood Conference to be held at the end of this month, while identifying a set of issues to focus on in the conference.
Committee member MP Dhafer Al-Ani told the official agency, followed by "Nas" (August 13, 2021), that "the countries invited to the conference to be held in Baghdad are concerned with the security and stability of Iraq," noting that "most of the internal problems stem from regional conflicts and interference in the Iraqi affairs."
He added that "the conference should come out with a practical result to banish foreign interference and not raise thorny files related to inter-state differences," stressing the need for "the conference to seek how to restore Iraq's security, health and role in the region."
Al-Ani stressed that "the independence of the Iraqi political decision is important not only for Iraq, but for all countries in the region," pointing out "the importance of the conference focusing on the Iraq file exclusively and keeping regional and international differences away from the Iraqi arena."
He continued, "Iraq should not be a source of threat to neighboring countries, and should not be a gateway to external and internal interference," calling on the government to "prevent the phenomenon of uncontrolled weapons that are used repeatedly against neighboring countries."
He pointed out that "the participation of the French president in the conference is encouraging, and the available information indicates that the United States will also participate in the conference," explaining that "these two countries have a major role in the region, and their presence is a calming factor."
Documents reveal the formation of the National Oil Company secretly
On Thursday, Representative Alia Nassif revealed that government and political agencies and a parliamentarian formed the National Oil Company (secretly) without the approval of the legislative authority and without including it in the budget, and issued serious administrative orders that include legal violations, calling on the Public Prosecution to intervene and prevent manipulation of the people’s wealth because the legislative authority is suspended. currently .
Nassif said, in a statement received by (the Iraqi Information News Agency / INA), that "political parties (Shiite and Sunni) secretly shared oil and proceeded to form the National Oil Company after a meeting that took place between an important figure in the Oil Ministry and a Sunni parliamentary figure at (11:45). At night in the parliamentarian’s house, this parliamentarian agreed with a Shiite political bloc, and today we were surprised by the issuance of suspicious secret orders despite the absence of an amendment to the law of the National Oil Company. Belil".
She added, "The books issued to make the oil companies fall under the National Company included giving the winning companies to the first deputy and executive director, and the losing and inactive companies were given to the Undersecretary for Extraction Affairs."
Nassif continued: "Since the legislative authority is currently suspended, we demand the Public Prosecution to intervene and prevent manipulation of the people's power, to stop the violations that are taking place in the Ministry of Oil, and to cancel all administrative orders issued regarding the National Oil Company.
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