Adviser to the Prime Minister: Iraq is living in its best financial conditions
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that Iraq is living in its best financial conditions, while ruling out the government's resort to external borrowing
Saleh said, in a statement to the Iraqi News Agency (INA): "Iraq today is living in its best financial conditions in its modern history in terms of cash flows.
He called for "the necessity of utilizing these cash flows in productive investments for the national economy resource, as well as employing national human resources in activities that should be income-generating and wealth-promoting at the same time
He added that "investment policies for large resources require operating them with economic joints in order to achieve financial and economic sustainability," noting that "exceptional circumstances are what impose a borrowing policy, including the deficit of government revenues due to the cycle of declining oil assets
He stressed that "the rise in oil prices and the resulting large rentier revenues will obviate the idea of external government borrowing.
Hezbollah is angry..and opens fire on the Iraqi government
Today, Friday, Hezbollah Brigades issued an angry statement about the Al-Aqsa events, while accusing Arab governments, including the current Iraqi government, of slavery and subservience.
The brigades said in their statement, of which Earth News received a copy, that "the Zionist entity's assault on Al-Aqsa Mosque on Friday, and in this holy month amid Arab and Islamic silence, reflects the involvement of the tools of normalization in these crimes, which extended to stifle the free voices demanding the liberation of Jerusalem and Palestine from the hands of the Zionists.”
The statement added, “The blatant storming of Al-Aqsa Mosque, terrorizing Muslims, and arresting Palestinians; Not to mention the criminal raids that bear the hallmarks of repression, extremism and intimidation; It can only be stopped at the hands of the free Palestinians who demonstrated to the world their courage, patience, and the transcendence of their faith in front of a criminal and usurping entity. Which proves the will of the Palestinian people and their right to a decent life in the face of the disgrace that has befallen and befalls the identification of Arab governments with the entity, and the increase in the size of their workers and their subservience despite all these crimes against our people in Palestine, including the caretaker government in our country; which ignores popular anger and insists on extending the oil pipeline leading to Aqaba, and from there to the usurping entity, as well as Iraq’s oil that flows from its north to the Zionist enemy; In order for the Zionists to increase their strength and vengeance in killing our oppressed Palestinian people.”
Hezbollah said, "Today, we look at the two matters with one look, and we stand at a cry distance from Al-Aqsa to cut off the Zionists in Iraq and the region."
Parliamentary: The House of Representatives supports any legal treatment regarding the budget
Member of Parliament, Muhammad Shia Al-Sudani, affirmed today, Friday, parliamentary support for any constitutional legal solution formula that allows discussion and approval of the 2022 general budget, stressing that Parliament will be present for any legal treatment regarding the budget.
Al-Sudani told the Iraqi News Agency (INA), that "Parliament will be present for any legal treatment of the abnormal situation, in which the state of political obstruction and the survival of the caretaker government remains the same, especially since it has limited powers according to the constitution and the law, but the Parliament must intervene in relation to the budget law. "
He added, "The budget law is the most important law. If there is a legal basis that allows the government to send a law or through a decision of the House of Representatives to be a legislative cover or a legitimate legal cover, and therefore there is nothing wrong with making this decision."
He continued, "in order to prepare a draft budget law that addresses all crises and challenges facing citizens and public life, and solves the problems facing the citizen, whether living or service, as well as addressing the problem of graduates, higher degrees, lecturers and contracts who are waiting for the budget law to do justice to them."
Al-Sawadni affirmed, "The House of Representatives will have any constitutional legal solution formula that addresses citizens' problems, and Parliament will be present with all its political power to hold a session to discuss and approve the budget."
The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, said, earlier, that "the House of Representatives will ask the current government to prepare and send the 2022 budget
Kirkuk is not a gift!.. An explosive statement from the Arabs regarding entering the province to form the Iraqi government
Today, Friday, the coordinator of the Arab Opinion Committee in Kirkuk, Nazem Al-Shammari, expressed his categorical refusal to include Kirkuk in .the deal to form a government In an interview with (Baghdad Today), Al-Shammari said, "Kirkuk is not a gift or gift given from a certain party, it is a stable city, and peaceful and componential ".coexistence must be preserved within the city
He added that "political parties are trying to bring the city into negotiations to form a ".government and give it to Kurdish parties in exchange for guaranteeing their votes He stressed that "this matter is not acceptable at all, and the privacy of the city and ".the gains of the law-enforcement plan must be respected
World Bank: Iraq's economy is gradually recovering from the consequences of the epidemic and the collapse of oil prices
The World Bank announced the recovery of the Iraqi economy, while it expected that the overall growth for the current year would rise to about 9%.
In a report, the World Bank revealed that Iraq's economy has begun to gradually recover from the double shocks of the epidemic and the collapse of oil prices, indicating that oil and non-oil growth are on the right track to reach pre-epidemic levels with increased oil production and easing of Corona restrictions.
The World Bank added that the Iraqi financial and external deficits returned to surpluses with the continued rise in oil prices.
A parliamentary bloc explodes a political surprise regarding Iraq's next destination
head of the Bayarq Al-Khair bloc, Muhammad Al-Khalidi, confirmed that the Iraqi compass is heading for a rerun of the parliamentary elections.
Al-Khalidi said that "the Iraqi political corridors recently started unannounced dialogues about the possibility of re-electing the parliamentary elections if the political blockage remains in its current state without any understandings, especially since the situation and its challenges impose difficult choices on the political forces to get out of the current crisis."
He added that "the Iraqi compass is heading for the re-election, but the independents are the most prominent opponents of this step because most of them realize that his return again is very difficult."
He pointed out that "the past elections suffered from major mistakes and problems, and most of the forces registered objections to the results, and returning them may be the beginning of the solution," noting that "the coming period may witness the formation of a transitional government to create conditions for holding the elections in agreement by the political forces in order to secure the transition to the next stage
Iraq's financial conditions are better with the increase in cash flows
The financial advisor to the Iraqi Prime Minister , Mazhar Muhammad Salih, confirmed that Iraq is living in its best financial conditions, benefiting from cash flows, and ruling out the country's need to resort to external borrowing .
During the previous period, Iraq had resorted to external borrowing, following a stifling financial crisis as a result of the drop in global oil prices due to the Corona pandemic, which caused a significant decrease in the country’s imports, which depend mainly on oil as a major resource.
However, the recent and unprecedented recovery in global oil prices caused a financial surplus for the country, through which the country was able to recover and emerge from the financial crisis.
And today, Friday, Saleh confirmed that “Iraq is living today in its best financial conditions in its modern history in terms of cash flows, ” calling, in a statement quoted by the official Iraqi News Agency (INA), to “the need to employ these cash flows in productive investments for the resource of the national economy, as well as About employing national human resources in activities that should be income-generating and wealth-generating at the same time.
He added that "investment policies for large resources require operating them with economic joints in order to achieve financial and economic sustainability," noting that "exceptional circumstances are what impose a borrowing policy, including the deficit of government revenues due to the cycle of declining oil assets."
He stressed that "the rise in oil prices and the resulting large rentier revenues will obviate the idea of external government borrowing
Despite the demands to reveal the size of the financial surplus that the country achieved during the past months from the oil price difference, especially since the 2021 budget set the price of one barrel against $ 45 due to the outbreak of the Corona pandemic and the devaluation of the Iraqi dinar against the dollar, but the government did not disclose it.
Member of the Finance Committee in the former parliament, Ahmed Hama, told Al-Araby Al-Jadeed that “the difference in oil prices should go to the country’s cash reserve, as there are large sums that have been achieved from this surplus,” noting that “the price of a barrel of oil in the budget was calculated at 45 dollars.” Today, the difference in the price of oil sometimes reaches $75 per barrel.
This is taking place at a time when the government is seeking to pass the “emergency support for food security and development” bill as a temporary alternative to the crippled 2022 financial budget law, which can only be passed through a government voted on by the new parliament, as the new law authorizes the government to dispose of 25 trillion dinars Iraqi (about 16 billion dollars).
Iraq has oil reserves of about 145 billion barrels, equivalent to 17% of the reserves of the Middle East, and 8% of the global reserves, which is the fifth largest in the world.
Demonstrations in central Baghdad to demand the speedy formation of the government
Dozens of protesters demonstrated today, Friday, in central Baghdad, to demand the speedy resolution of political differences and the formation of the next government.
Hundreds of protesters demonstrated on Friday, April 15, 2022, in the capital, Baghdad, and several Iraqi governorates, to demand the speedy resolution of political differences and the formation of the next .government
And the obelisk correspondent stated that demonstrations were launched in Babylon, to demand the speedy resolution .of political differences and the formation of a government that is in accordance with their legitimate demands
The leaders of the demonstrations in Babylon revealed to the obelisk the most important demands and places where protesters gather in the governorates, noting that the demonstrations will start in the capital, Baghdad, Basra, Babil, .Najaf, Karbala, Qadisiyah, Muthanna, Sulaymaniyah and Wasit The protest leader, Dergham Majed, told Al-Masala that the most important demands of the demonstrators are to form a national government, and to achieve the demands that the demonstrators emphasized throughout the months of protest and demand, on top of which is the enrichment of the ration card, the restoration of the alternative system, the reduction of the dollar exchange rate, and the reduction in the prices of goods and foodstuffs. He worked quickly to complete the establishment of the Faw port, revive agriculture and industry, support farmers, and open closed .factories
Iraqis feel frustrated with a political process that fails to form a government within the constitutional timeframe, while .the coordination framework and the Triple Alliance accuse each other of obstructing the formation of the government
In Baghdad... "There is no framework, no current" demonstrations calling for a resolution to form the government and threatening to "escalate
On Friday, hundreds of people launched demonstrations in the center of the capital, Baghdad, to demand the decision to form the new Iraqi government.
The lens of Shafak Agency documented that 300 to 400 demonstrators gathered in Al-Firdaws Square in central Baghdad, with a demonstration called "No Frame, No Stream... Friday of the People's Decision."
The demonstrators demanded to speed up the formation of the government away from quotas and vowed to escalate if the government was not formed and an agreement was reached to serve the Iraqi citizen and provide services.
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