Iraqi News CatchUp: Federal Court Sets The 26th Of This Month As The Date For Issuing A Decision Regarding The Election Case
Federal Court Sets The 26th Of This Month As The Date For Issuing A Decision Regarding The Election Case
Al-Atabi: 41% of the 2021 budget was not spent, and the white paper tied Iraq
Al-Atabi said; For the “State Dialogue” program broadcast by Al-Furat satellite channel tonight, he said, “We have a financial machine that claims expertise, but it has caused the country and people to suffer an economic depression,” noting that “in the 2021 budget they cracked our heads with their demand of 129 trillion dinars, of which 76 trillion were spent, which means the remainder of the budget is more than 41 % of the budget has not been spent, and 66% of the operating budget has not been spent either.
He added, "Development and the economy are rising with the strength of the Iraqi dinar, and the budget surplus is 53 trillion dinars from the central and southern governorates."
Al-Atabi continued, "The owner of the procedures assumes that he is not a fortune-teller, but rather the owner of information, and relies on scientific standards, and the Ministry of Finance speculated on lean days, and there are no two options except for the passage of borrowing due to the drop in oil prices, but there has been an improvement and an increase in oil prices."
And he stated, "There is no economic growth and we have not touched it, and it is assumed under this plan that Iraq will now be in its best economic condition, but the plan of the white paper came to tie the country with new debts.
Approximately 90% of the Iraqis were affected by this plan, and most of them have limited incomes who were affected and we entered a state of economic depression."
Al-Atabi pointed to "the government's recognition of Iraq's harm when the price of the exchange rate of the dollar rose, and they affirmed the support of the citizen with the food basket by cutting off sugar and replacing it with [crushed hummus]."
He stressed "the necessity of directing a lot of money to revive the citizen and support the national product," adding, "We are in a whirlpool of ministries with ambiguous strategies, and today even investment projects have disintegrated."
And the seal of the tabby
Federal Court Sets The 26th Of This Month As The Date For Issuing A Decision Regarding The Election Case
The Federal Supreme Court has set December 26 as the date for issuing a decision regarding the appeals submitted against the election results.
A source said in a statement to "The Information" that "the Federal Court has set the 26th of this month as the date for issuing the decision regarding the election appeals."
The Federal Supreme Court held a session this morning to consider appeals related to the election results, in the presence of the head of the Al-Fateh Alliance Hadi Al-Amiri, who testified before the Federal Supreme Court.
On Wednesday, the head of the Al-Fateh Alliance, Hadi Al-Amiri, accused the High Elections Commission of violating the constitution and depriving more than 5 million voters of voting under the pretext of not replacing their electoral card.
Re-opening a land port between Iraq and Kuwait for travelers
The General Authority of Customs in Iraq announced, on Wednesday, the reopening of a land port between Iraq and Kuwait for passenger traffic.
The authority said in a statement received by Shafaq News Agency, "A mutual agreement between the two sides was implemented this morning, Wednesday, as a result of which the Iraqi Safwan port (Al-Abdali from the Kuwaiti side) was opened in front of the movement of travelers back and forth after it was closed to them due to the preventive measures taken by the two countries to confront the Corona pandemic. ".
She added, "The opening of the port will bring great benefits to both sides, as it will reflect positively on increasing the trade exchange movement between the two countries and maximizing the volume of economic cooperation that was damaged after the closure due to the Corona pandemic.
Al-Kazemi issues orders after shooting demonstrators in Nasiriyah
The Security Media Cell stated, in a statement that {Euphrates News} received a copy of it, that "the Commander-in-Chief of the Armed Forces followed with great interest the incident of the injury of 3 protesters today, Wednesday, in the center of Nasiriyah city in Dhi Qar governorate."
And he added, "He directed that the necessary legal measures be taken, those who caused this incident be held accountable, the security forces open an urgent investigation, and work to treat the injured immediately," stressing "on his previous directives not to use force or shoot against the demonstrators demanding their legitimate rights."
Meanwhile, the Governor of Dhi Qar, Ahmed Ghani Al-Khafaji, demanded, earlier today, Wednesday, Prime Minister Mustafa Al-Kazemi to send an investigation committee into the shooting of civilians.
In detail.. the 2022 budget and a warning about the delay in its approval
Saleh said in a press statement, "A country without a budget gives a misleading and distorted picture of economic life, and the goals are unclear, as the method of exchange in the absence of the budget's approval will be a reality if there is no planning, and it is called a cash budget, and the disbursement is done according to cash income." .
And he indicated, "The disbursement will be according to the price of a barrel of oil in the 2021 budget, at an amount of 45 dollars, and the increase in prices will be additional financing, meaning that the constants of the year 2021 will be the same as the constants of 2022."
He pointed out that "in the event that oil prices reach a level lower than the specified level in the 2021 budget, there may be a stumble in expenditures, specifically the delay in the payment of salaries, as happened in the year 2020, as well as the halting of ongoing investment projects, and to improve services, and to fix the costs." External debt, including the installments of the Paris Club Agreement, which determines the credit rating of Iraq, which is among the priorities of the government, which is the payment of external obligations as well as salaries, in addition to the operating expenses of the government.
Salih added:
And he expected, "the budget will be in a position close to equilibrium as in the 2021 budget, despite the receipt of some borrowings, which amount to nearly 3 percent of the gross domestic product."
Finance Minister Ali Allawi had announced earlier that the price of a barrel of oil in the 2022 budget would be $50, indicating that the 2022 budget would provide an opportunity to strengthen the social protection network.
The Prime Minister's advisor said, "The budget has been prepared and has been a complete bill for a while. Thus, great efforts have been made in preparing it, but the date of its submission coincided with the date of the dissolution of Parliament."
He explained that "Parliament is prescribed budget law, and passes through the legislative track, as it offers as usual from the Ministry of Finance to the Cabinet during the month of September, to express an opinion and approval, and then submitted to the House of Representatives for approval, and it was supposed to be a bill The budget was in the month of October in Parliament, but it was dissolved because of the elections.”
He added, "The budget is currently prepared, but it is not submitted to legislation, and the approval of its law depends on the speedy convening of the new parliament and granting confidence to the next government, as it will be a priority among other laws."
Regarding the importance of the budget law, Saleh spoke, saying that “government spending constitutes about 40 to 45 percent of Iraq’s gross domestic product, meaning that about half of spending in Iraq depends on approving the general budget, and thus the expectations of investors, the market, and economic activity depend on the orientations of the budget and its policy. the year".
And he indicated that "the law has taken into consideration, if the adoption of the budget is delayed, then there is an alternative solution for it, which is the adoption of the Financial Management Law, which states: The new fiscal law does not allow the administration in the fiscal year to enter the exchange rate in the year. 1/12 of the previous year, which each month will be expenses for the month equivalent of the previous year, a nature and ongoing expenses of any continuing wages and salaries continued to work and projects, whether operational or investment. "
He noted that "in the case of budget legislation, the exchange is modified," noting that "one of the shortcomings of its delay is the lack of knowledge of the country's fiscal policy, and where it will be its direction and objectives? Will it be contractionary or expansionary? In addition to the lack of new investments, that is, it is not possible to start new projects, Only ongoing projects.
It is noteworthy that the Ministry of Planning confirmed that the important projects that will be included in the 2022 budget will give priority to the ongoing projects that are under implementation, as the focus will be on projects that have different completion rates, indicating that the inclusion of new projects will be only for extreme necessity and with the approval of the Council of Ministers.
Heading a government delegation .. the Minister of Foreign Affairs in Tehran
Today, Wednesday, Foreign Minister Fouad Hussein arrived in the Iranian capital, Tehran, at the head of a government delegation.
And the spokesman for the Ministry of Foreign Affairs, Ahmed Al-Sahaf, confirmed during a press statement, today, Wednesday, that "the Foreign Minister arrived at the head of a government delegation to the Iranian capital, Tehran, on an official visit," noting that "the delegation included National Security Adviser Qassem Al-Araji and a number of officials."
He added that the delegation will meet with many officials in the Islamic Republic of Iran, and they will discuss various issues related to bilateral relations at all levels, in addition to the regional security situation and the latest developments in the framework of the nuclear negotiations in Vienna
Al-Rafidain suspends withdrawals and deposits, starting from Thursday
Today, Wednesday, Al-Rafidain Bank announced the suspension of withdrawals and deposits from savings accounts, starting from tomorrow, Thursday, corresponding to 12/23/2021, until Monday, corresponding to 3/1/2022.
The media office of the bank stated in a statement, "The suspensions come in order to pay the annual accounts, calculate the interests of savings accounts, as well as organize budgets.
The bank also decided, "to close the doors of all its branches on Sunday, 2/1/ 2022, for the purpose of paying the annual accounts and for implementing the bank's accounts that are applicable every year
The Central Bank organizes a workshop to discuss its development initiatives
The Central Bank organizes a workshop to discuss its development initiatives
Publishes the dollar exchange rate on the local stock exchange on Wednesday (December 22, 2021), according to the monitoring of specialists.
Baghdad - the stock exchange
147,475
....
The price in most Baghdad exchanges
Purchase
147,000
sale
148,000
————————————
Erbil - Bursa
147,675
————————————-
Basra - Bursa
147,650
————————————
Najaf - Bursa
147,550
————————————-
Mosul - Bursa
147,650
————————————-
Sulaymaniyah - Bursa
147,900
Kuwait’s compensation file awaits complete closure.. UN meetings are expected
Turki said in an interview with Alsumaria News, today, Thursday, that “the invitation sent by the head of the Compensation Committee to the UN Security Council, Irene, referring to him, included a mention of the possibility of holding side meetings, before starting the work of the sixteenth special session of the Compensation Committee Board of Directors in Geneva on February 9 next year.
He added that the meetings to permanently close the compensation file will start next February.
Turki called on the Ministry of Foreign Affairs and the concerned authorities to “draft a draft resolution that includes removing Iraq from the provisions of Chapter VII of the Charter of the United Nations completely,” stressing the need for the upcoming resolution to “protect Iraq from any claims related to Kuwait war compensation, whether it is individual claims or not. Filing lawsuits related to compensation. He also called for "the annulment of all decisions that resulted from the Kuwait war."
And last Tuesday, the Central Bank of Iraq announced in a statement received by Alsumaria News, “The completion of the payment of the last remaining installment of the State of Kuwait’s compensation amounting to (44) million US dollars, and thus Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the Council of Ministers. International security under Resolution No. (687) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait.
Chapter VII of the United Nations Charter provides for "coercive measures" if peace is threatened, ranging from economic sanctions to resorting to force.
Chapter VII allows the exercise of pressure on a country to compel it to abide by the goals set by the Security Council, before coercive measures are applied.
The Committee of Financial Experts was established based on a decision of the Council of Ministers, based on the recommendation of the United Nations, to replace an independent specialized Iraqi body in the place of the International Advisory and Monitoring Board, which had been formed under International Resolution No. 1483 of 2003 by the Vice President of the World Bank and the Vice President of the International Monetary Fund International, and a representative of the Arab Economic and Social Development Fund, headed by the United Nations Financial Assistant, who was later replaced by Abdul Basit Turki.
The UN Compensation Committee was formed in 1991, obligated Baghdad to pay $ 52.4 billion in compensation to individuals, companies, governmental organizations and others who incurred losses resulting directly from the invasion of Kuwait.
Iraq stopped making payments in 2014 during the war on ISIS, which took control of large parts of the country, but resumed payments in 2018.
It is noteworthy that the Development Fund for Iraq and the subsequent account was established pursuant to Security Council Resolution No. 1483 on May 22, 2003, to manage the revenues of crude oil and oil products exported from Iraq, the remaining balance of the Oil-for-Food Program and receipts from frozen assets from the former regime.
The fund consists of bank accounts with the US Federal Bank in New York, which are managed by the Central Bank of Iraq on behalf of the Ministry of Finance, which has an account with the Iraqi Central Bank numbered 300600 (the subsequent account), which was opened in 2014.
Under the Security Council resolution, referred to above, 95 percent of the receipts for exports of oil, oil and natural gas sales must be deposited in the fund, while 5 percent is transferred to the United Nations Compensation Fund account, in accordance with Security Council Resolution No. 687 in 1991, and subsequent resolutions .
This fund constitutes the source of financial funding for the Ministry of Finance, where the money is transferred from the fund to the sub-accounts of the Ministry of Finance, and then distributed to the ministries of state and institutions, according to the budget allocated to each of them, in addition to being used to pay foreign debts and cover the costs of credits and other foreign transfers.
After the end of his obligations..a law clarifies the mechanism for Iraq's exit from the sixth and seventh items
Today, Thursday, legal representative Ali Al-Tamimi explained the mechanism for Iraq's exit from .the sixth and seventh clauses of the United Nations Al-Tamimi told (Baghdad Today) that "Iraq was placed under Chapter VII of the Charter of the United Nations after entering Kuwait and invading its cities and under UN Security Council Resolution No. 666 in 1990," noting that "this decision was followed by warnings, warnings and an economic siege imposed on Iraq.
Then, international sanctions came under Chapter VII, which weakened Iraq before international law, so Iraq became a country that is not allowed to conclude .agreements, import or export.
That is, it has become more like a caretaker government And he added, "After Iraq left Chapter VII in 2017, under Security Council resolution 90/23, but it entered Chapter VI due to the existence of belongings with Kuwait worth four and a half billion ".dollars in compensation to Kuwait for entering Iraq
And he continued, "After Iraq fulfilled all its obligations contained in Chapter VI. Today it ended these material obligations. Of course, the Iraqi government, Iraq's representation at the United Nations, must notify the UN Security Council of that through Iraq's representative at the United Nations. In order for the Security Council to issue a termination of Iraq and to separate Sixth and .Seventh Chapter altogether
He continued, "This matter has positive repercussions on the economy, so that the money that was deducted from oil imports to Kuwait will be part of Iraq's financial reserves, and perhaps it ".will have positive effects on the Iraqi economy
For the banking system..Kuwait: Iraq handed over the last batch of compensation before it was due
Kuwait announced that Iraq delivered the last batch of compensation amounting to 44 million dollars before it was due.
The Kuwaiti Al-Rai newspaper, quoting officials, reported that "Iraq paid the last payment of $44 million to complete the remaining $629 million for Kuwait, revealing that the amount returned from the deduction from oil sales amounted to about $585 million, and the remaining 44 million, so the Iraqi government decided to pay The remaining amount instead of waiting for the next quarterly withholding payment to be due, in the spring of 2022.”
She added that "the Iraqi government wants to achieve two goals, the first is a message of friendly signal to Kuwait of its commitment to implement its commitments, and the second is to re-integrate the Iraqi banking system with the global banking system."
And she indicated that "the United Nations Compensation Committee will hand over to Kuwait the last batch of compensation due to it from Iraq at the end of this month or the beginning of next January at the latest, indicating that the committee will meet next February to issue its own report that Iraq has fulfilled all its obligations in terms of paying the prescribed compensation claims. It is complete for Kuwait.
In accordance with Security Council resolutions, the percentage deducted from the proceeds of export sales of oil and its products was 5% in 2003, then it decreased to 0.5% in 2018, and then rose to 1.5% in 2019, to stabilize since 2020 at 3%.
In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait.
On November 21, 2021, the Central Bank announced the payment of the last batch of compensation to Kuwait amounting to (44) million US dollars, expressing the hope that the termination of the payment of compensation would contribute to removing Iraq from Chapter VII
Iraq receives an invitation from the United Nations to close the compensation file for Kuwait
Iraq has received an invitation to attend the meetings of the United Nations Compensation Committee, related to Kuwait's compensation.
The head of the Iraqi Financial Experts Committee, Abdul Basit Turki, said today, Thursday, that he had received an invitation from the head of the Compensation Committee at the UN Security Council to determine the holding of meetings to discuss the issue of financial compensation for Kuwait to Iraq, adding that a meeting will precede the work of the sixteenth special session of the Compensation Committee Board of Directors in Geneva on February 9 next year is considering closing the compensation file permanently.
Turki added that Iraq will draft a resolution that includes removing it from the provisions of Chapter VII of the Charter of the United Nations, and protecting it from any claims related to the Kuwait war compensation, whether they are individual claims or the establishment of cases related to compensation, calling on the Ministry of Foreign Affairs and the concerned authorities to formulate a project that protects the country from any Consequences, including canceling all decisions that resulted from the Kuwait war.
The Iraqi Federal Court And Its Expected Solutions.
Despite the multiplicity of authorities and their independence from each other in Iraq, the reality proves that the Federal Court, which was formed under Federal Court Law No. (3) of 2005, is the highest authority in the country.
It carries out legal and political tasks, and therefore it does not decide on cases regardless of the consequences, which makes it take into account the “public interest of the country” and works to achieve balance in order to preserve stability…
Nearly two months after the parliamentary elections were held on the tenth of October, differences and complaints still dominate the scene, such as questioning their integrity or appeals and objections to the election results after they reached the Federal Court, which is the last stage in which a final decision is made.
Those who object to the results of the elections, although they are the most affected, but they cannot go towards canceling it, due to the danger of this option to the general situation in all its details, although the justifications for this are present and strongly.. However, the objecting political forces are aware of the seriousness of the situation and any attempt to cancel the elections will have Negative repercussions on the Iraqi scene in general.
Although some of the objections are serious and serious, especially the objections based on the report of the German examiner company, which acknowledged the existence of major gaps in the electoral process, going to cancel the elections or dissolve the parliament seems far away, and just a pressure card used by political parties, as a means to tame her opponents..
The Federal Court is under great pressure from the political forces, whether the winner to pass the election results, or the objector to finding solutions to the crisis resulting from the elections, which in most cases aim to reach acceptable understandings that preserve their rights.. Therefore, the court will not decide on the issue of ratifying the election results. Unless these forces reach the required understandings, they will take part in forming the next government.
It is expected, according to analysts, that the Federal Court, whose decisions will be foundational and not retroactive, will prevent the use of electronic devices in the future, a procedure that the Korean Federal Court worked on in the 2016 elections. The winners without a quota (the ones who won with their vote) are part of the quota, and therefore, about 7 other women will win the quota.. Therefore, the Federal Court is looking for outcomes that are less harmful, if not acceptable somewhat by the winning or opposing forces, and the path towards reassuring the street and paying Towards stability and social peace in the country.
Coordination framework: There is a big surprise that we will announce after the approval of the election results
The politician close to the coordination framework, Haider Al-Barzanji, suggested that a “surprise” would occur in the alliances after the approval of the election results. The visit of a delegation from the coordination framework to the Kurdistan Region was “positive” and could lead to “an alliance after approval that might surprise many.”
Al-Barzanji said: Regarding the visit of the Coordinating Framework delegation to Erbil, “These visits are reciprocal. They started more than a month ago, as a delegation from the Kurdistan Democratic Party visited Baghdad, and the Coordination Framework and other parties, twice,” describing them as “came within the framework of Exchange of visits and understandings.
He added, "So far, nothing has been announced, but it falls within the framework of breaking the stalemate and the political blockage, which everyone resents, and they are positive, good and proactive steps," noting: "We found Hadi al-Amiri today in court presenting evidence, and Nuri al-Maliki with Faleh al-Fayyad on a visit." to the Kurdistan Region.
“There is an exchange of what is happening in Iraq, as all alliances are postponed until after the elections are approved,” said Al-Barzanji, who believes that “talking about an alliance is too early, but the visits in themselves are positive. It may lead to an alliance after the ratification that may surprise many.”
Close to the coordination framework, he stressed that “unless the consideration of the new evidence and presented to the court is not resolved, the election results will not be approved,” noting that “the court may take a position, such as manual counting and sorting for a group of stations, or canceling the results of a number of stations.” stations,” adding that “the judiciary deals with evidence according to legal and constitutional context
More Than 100 Billion Dollars .. The Financial Advisor Reveals The Size Of Iraq's Debts
The appearance of Muhammad Salih, the financial advisor to the Prime Minister, revealed the total external and internal debts of Iraq, indicating that it exceeds 100 billion dollars.
Saleh said, in an article published on the website of the Iraqi Economists Network, and seen by the agency (Information), that "Iraq made some external borrowings due to financial distress after 2014 as a result of the war on ISIS terrorism and the drop in oil prices and its direct impact on the country's public budgets, but the total public debt Today, the external subject to payment obligations does not exceed $20 billion.”
He pointed out that “there are debts still pending on the Paris Club Agreement, which requires writing off by 80% or more, but it has not been settled and belongs to some Gulf countries and other countries, and it is estimated at about 41 billion dollars and represents the burdens of the Iraq-Iran war era, and is usually mentioned among the total debts before Some international organizations without considering the issue of their settlement and submission to the Paris Club settlements by removing 80% or more.”
The financial advisor to the government explained that "the internal public debt is the largest today and approaches about 50 billion dollars, but it is still a debt exclusively among government financial institutions, and its settlement is considered within the internal economic policies. It is a low-risk debt and its settlement falls within the scope of the institutions of state sovereignty."
He cautioned that "the increase in oil revenues will provide high financial leverage to settle the residual debts, with truly easy options.
FINLAND PROVIDES FINANCIAL SUPPORT TO IRAQ WORTH 1.5 MILLION EUROS
The United Nations Population Fund announced that Finland has provided financial support to Iraq of about 1.5 million euros, to help young people with disabilities in Nineveh Governorate. The Fund said, in a statement, that this initiative will work to empower adolescents and youth with disabilities, especially girls, to be active citizens who are able to exercise their rights through education, including life skills, livelihoods and civic participation. According to the statement, his country's government and the embassy in Baghdad are supervising the support of the important work of the United Nations Population Fund in this project
I hope this is true hahaha
Qaani rebukes Iran's militias in Iraq: Your actions harm our interests
The repercussions of targeting the home of Iraqi Prime Minister Mustafa Al-Kazemi, which occurred on the seventh of last November, are still continuing, amid the confusion of Iranian militias in the country.
After Iranian attempts to deny the charges, the commander of the Iranian Quds Force, Esmail Qaani, demanded, during a meeting in Baghdad on Wednesday, that loyalist factions control their forces and those who support them, because their actions harm Tehran's interests in Iraq.
'Accept the election results'
In detail, Qaani blamed Hadi al-Amiri and Qais al-Khazali, the two leaders of Iraq's armed factions, for their performance after the results of the recent Iraqi parliamentary elections, according to Reuters quoted an Iraqi militia official, as well as Western diplomats. Close to these militias familiar with the meeting.
According to the information, the meeting was held in a political office supported by Iran in Baghdad, and was attended by a small team that accompanied Qaani.
She added that the Iranian leader sent a message to the Iranian-backed Iraqi militias to accept the results of the parliamentary elections held on October 10, in which al-Sadr won, while the Fatah coalition of armed groups backed by Iran lost.
'threatening interests'
Qaani also accused the leaders of the Iranian-backed militias in Iraq of mismanaging the repercussions of the elections, and Qaani claimed that their policies threaten his country's interests.
Qaani also saw that these "trivial" actions, as he put it, threaten the authority of the pro-Tehran parties in Iraq, through which Iran infiltrated the various Iraqi circles.
It is noteworthy that the Iranian government had condemned the attack on Al-Kazemi's house, which came after its militias in Iraq protested the election results.
The agency pointed out that Iran had conducted indirect negotiations with the United States on reviving the nuclear agreement in Vienna, and said that the escalation of tensions between Iraq's Shiites was disturbing the mood of officials in Tehran.
A campaign of incitement and incitement
The attempt to assassinate Al-Kazemi came after a campaign of incitement and incitement against him, launched by pro-Iranian factions, affiliated with the Popular Mobilization.
Officials in Asa'ib Ahl, Kata'ib Hezbollah, and "Sayyid al-Shuhada" accused the prime minister of being involved in the clashes that erupted between the security forces and supporters of those factions in Baghdad days before the targeting, which led to the killing of a protester against the results of the parliamentary elections that took place. On the 10th of last month (October 2021).
The pro-Iranian Popular Mobilization factions also staged a sit-down in the heart of the Iraqi capital two weeks before the incident, accusing the government and the commission of falsifying the election results, which showed a significant decline in their popularity, and a clear and bitter decrease in the number of parliamentary seats
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