Iraqi News for APR 24 2022 Analysis: Al-Kazemi's government will continue its duties until new early elections in 2023
Alliance for the People announces the submission of a request to hold a session for the election of the President of the Republic
For the People's Alliance bloc announced, on Sunday, presenting an initiative to hold a session of the Iraqi Parliament to complete the parliamentary committees, and proceed with approving the financial budget for 2022, while at the same time resorting to the option of dissolving the parliament, and going to the early legislative elections in The country in the event of failure to hold this meeting.
The head of the coalition bloc, Alaa Al-Rikabi, said during a press conference held at the parliament building and attended by Shafak News Agency correspondent, that "due to the current political blockage and lack of respect for the constitution and decisions of the Federal Court, the Alliance for the People presents an initiative that includes collecting signatures to hold a session on Saturday, May 7th The next step is to come up with a political solution to complete the parliamentary committees and pass the budget law.”
He added that the deputies were sworn to abide by the constitutional duties, pointing out that the coalition will file a lawsuit against the deputies who obstruct the convening of parliament sessions.
Al-Rikabi indicated that in the event of failure to hold the session, the coalition will take legal measures by dissolving the current parliament and calling for early elections.
most recent video from Nader if you haven't seen it alreadyAnalysis: Al-Kazemi's government will continue its duties until new early elections in 2023
The representative of Salah al-Din Mishaan al-Jubouri suggested, on Saturday, April 23, 2022, .holding new elections if the blocs fail to overcome the political blockage Al-Jubouri said in a tweet on Twitter, which was followed by the obelisk: He does not wish to break the bone between .the parties, indicating that he supports resolving differences between political forces He added that if the political blocs do not succeed in overcoming the political blockage, let us go to new elections, .perhaps producing a two-thirds majority .
Three attempts to elect a president failed, six months after the early parliamentary elections And to go to new early elections, one-third of the parliament members need to present his dissolution before the .House of Representatives, then the House itself votes by half plus one, and the parliament itself is dissolved Academic Muhammad Hashem believes that the best solution to the political impasse in Iraq is to dissolve parliament .and call for early elections within sixty days
And he added: In light of the current paragraphs of the constitution, it is impossible to achieve this because there are .two-thirds or a majority, wondering about the authority that obliges everyone to do so A report by Al-Monitor newspaper talks about the most likely possibility, that the current government will continue indefinitely as a transitional government and hold other early elections in 2023, given the fact that the constitutional .deadline for forming a government has passed
And the Khaleej Times newspaper published leaks that forces from within the framework see that maintaining the government of Mustafa Al-Kazemi, with ministerial amendments to it, may be the most realistic and appropriate option in light of the current political impasse, especially with the Sadrist movement not showing any cooperation or response .to the initiative that he put forward. The framework for the formation of the largest parliamentary bloc
Three mortar bombs fell in Kirkuk
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On Sunday, a security source reported that three mortar bombs fell in a village in Kirkuk Governorate.
The source said in an interview with Alsumaria News, "Three mortar rounds of unknown origin fell this evening in one of the villages of Daquq in Kirkuk."Mazhar Muhammad Salih: The Central Bank's balance is three times more than the government's external debt.
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, today, Sunday, the monetary policy of the Central Bank of Iraq, and between the contents of two basic pillars of this policy to address crises, he revealed the size of the foreign reserves of the Central Bank and the internal debt .
Saleh said, to the Iraqi News Agency, that "the monetary policy of the Central Bank of Iraq has exercised and is still playing its great role in strengthening the national economy and supporting and supporting it in liquidity, stability and the management of monetary resources, especially through two successive double crises that the national economy was exposed to between the years 2014-2021, as monetary policy confronted The Central Bank has led to the serious stagnation to which the macro-economy and its real sectors were exposed, and its use of a satisfactory monetary policy .
He added, "The two pillars of this policy are: credit easing and granting the monetary market with sufficient liquidity through the continuous initiatives of the Central Bank, and the other is quantitative easing policies to support macroeconomic liquidity in general by motivating secondary market operations with calculated, accurate and successful ranges that saved the national economy in the most contracting economic conditions and supported by one side. The last of the Iraqi financial policy to get out of the impasse of the fiscal deficit and the deterioration of the country's financial sustainability by relying on the internal liquidity levers provided by the Central Bank with its accurate, balanced and successful tools .
He pointed out that "the first crisis that our country faced in the years 2014-2017 was a serious double crisis, financial and security at the same time, as energy markets and Iraq's financial revenues from exported oil deteriorated between these years, accompanied by strict security conditions, namely the war on ISIS terrorism." The Central Bank of Iraq played its prescribed role in its monetary policy, which contributed to assigning victory in the war and economy arenas, with remarkable accuracy .”
He continued, "While the second double crisis came between 2020-2021, it represented a serious deterioration in Iraq's oil revenues, a frightening deficit in the current account of the balance of payments, and a more serious deficit in public finances as a result of the price war in the energy markets in the world, and the reduction in the quantities of our country's oil production to nearly less than Half is under the influence of the (OPEC Plus) agreements and the deterioration of global demand for oil throughout 2020 and parts of 2021, accompanied by a stifling global health crisis represented by the Corona pandemic and the closure of the global and local economy, as the country was affected by an agricultural crisis due to severe drought and the deterioration of agricultural crops, which made the output The GDP is shrinking to (minus 11%), in addition to the prevalence of poverty and unemployment at unprecedented rates in the country’s economic history .”
And he added, "Under these compelling circumstances, the monetary policy of the Central Bank of Iraq, with accuracy and with calculated and successful steps, led the process of building the foundations for maximizing the liquidity of the national economy, whether by proceeding with the Central Bank's initiative in revitalizing the real sector with soft loans in which the grant element increased," noting that "those loans approached about about 13 trillion dinars to push the activity of the national market and operate the labor market and the business of private activity forward, in addition to supporting government liquidity and attributing the effectiveness of the government economy and public finance without stopping, by deducting government treasury transfers, which constituted about 67% of the total debts of the Ministry of Internal Finance or the internal public debt borne by the bank The Central Bank of the total internal debt balance, which amounts to about 72 trillion dinars .
He continued: "Thus, the monetary policy of the Central Bank of Iraq, with high success, fulfilled the requirements to meet the needs of growth and stability of the national economy and to provide it with sufficient liquidity, with high accuracy and wisdom, and at the same time supportive of the financial policy that faced harsh conditions through the two successive double crises between 2014-2021, as well as the restoration of the Central Bank Its foreign reserves, which are the cover of the national currency, record its balance today at more than 70 billion dollars, a balance more than three times the government’s foreign debt payable during the years 2022-2028, which confirms the efficiency of the foreign reserves of the Central Bank of Iraq .
He pointed out that "the Central Bank of Iraq is an independent authority under its amended Law No. 56 of 2004, and it is he who draws the monetary policy himself without the interference of any party, and he is the most knowledgeable and best able to manage his policy in stability and development based on the articles of the Constitution of the Republic of Iraq ."
Iraq promotes transactions for Arab and foreign investors to enter the free zones
The General Authority for Free Zones of the Iraqi Ministry of Finance announced on Sunday the start of the process of promoting entry transactions for Arab and foreign investors.
The authority indicated in a statement today, to promote entry transactions for Arab and foreign investors, as part of its procedures to facilitate their work in the free zones, and to attract the largest number of investment companies.
Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad
Today, Sunday, Finance Minister Ali Allawi revealed that meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad, while noting that the financial situation is very good.
Allawi said in a statement to Al-Iraqiya News that "the meetings with the International Monetary Fund, the World Bank and other major institutions in the American capital, Washington, were good," noting: "We have reached several agreements, the most important of which is support for the reform process, especially the white paper."
He added, "There are close meetings in Baghdad, which will be after the blessed Eid Al-Fitr, so that the support will be technical and there will be advisors, in order to strengthen the capabilities of the Iraqi government, in order to advance and move forward with the reform project."
He pointed out that "Iraq is in the process of implementing agreements with the World Bank, especially to support the technical side. We have reached very good results, and will contribute to strengthening the cadres working in the state," noting that "the ministry is in the process of submitting a law to the House of Representatives for the purpose of employing the unexpected gain resulting from The rise in oil prices, in the areas of strengthening support for groups affected by the prices of raw materials.
He continued, "The law is before the House of Representatives and will be enacted, and it will give strong support to the groups affected by the rise in the prices of basic materials and foodstuffs in particular, and to strengthen the pillars of the Ministry of Finance and to strengthen the possibilities of employing public employment projects," explaining, that "there is an integrated plan to use the surplus of the price hike, in cooperation with Parliament".
He pointed out that "this support is outside the concept of reform for the public sector, and we want to reduce government support, especially for sectors that can thrive without government support, but this will be for one time," explaining that "the government acknowledges that some groups have been affected by the rise in the prices of raw materials, so it will be One-time and non-recurring support.
He stated, "We have a strategic agreement with the United States, especially in the economic aspect, and we want to do it now," stressing that "there are preparations for cooperation at all levels."
Allawi stressed the need to "submit projects to obtain support, or a kind of American aid, especially in the technical and technical aspects," stressing that "the financial situation is very good, and we do not need support from any foreign parties, except for certain projects."
Fouad Hussein: The talks between Saudi Arabia and Iran in Baghdad ended in a positive atmosphere
Today, Sunday, Foreign Minister Fouad Hussein confirmed that the talks hosted by the capital, Baghdad, between the Saudi and Iranian sides were positive.
Hussein said, "The fifth round of talks between Saudi Arabia and Iran in Baghdad ended in a positive atmosphere."
He pointed out that "the capital, Baghdad, will host a new round of talks after the end of the fifth between Riyadh and Tehran."
Foreign Minister Fouad Hussein had confirmed earlier that the Iraqi government would work with all its efforts and invest all its relations in order to create a suitable opportunity for understandings between Tehran and Riyadh.
During the past months, the capital, Baghdad, hosted four rounds of talks between Saudi Arabia and Iran
It was attended by Al-Kazemi.. he revealed the content of a security meeting between Riyadh and Tehran in Baghdad
An Iraqi source revealed the content of the Saudi-Iranian meeting in Baghdad, in the presence of Iraqi Prime Minister Mustafa Al-Kazemi.
The source said, "Al-Kazemi attended the meeting between the Saudi and Iranian security delegations in Baghdad, as was the Iranian Deputy National Security Adviser and the Director of Saudi Intelligence."
He added that "the two sides agreed to end the security negotiations, and they will move to diplomatic negotiations."
The source pointed out that "it is expected that the sixth meeting will be on Iraqi soil."
He continued, "The meeting was positive, and they agreed on a set of points of calm between Riyadh and Tehran."
The source indicated that "the meeting lasted for several hours, and the Iranian delegation paid a religious visit, while the Saudi delegation left Baghdad late."
Head of the Sadrist bloc: The draft law criminalizing normalization will be presented in the first session of Parliament
The head of the Sadrist bloc, Hassan al-Adari, announced, on Sunday, that a bill criminalizing normalization with Israel will be presented in the first session of Parliament.
Al-Adhari said in a press conference held at the parliament building, that "the Sadrist bloc decided, with the blocs allied with it, to submit a proposed law to criminalize normalization with the Zionist entity."
He added, "This proposal criminalizes normalization with Israel or the establishment of any kind of relations," noting that "the law includes 10 paragraphs and will be presented at the first session of the House of Representatives, where it will be referred to the relevant committees for reading and voting."
Rights: Regional And International Changes Will Serve The Vision Of The Framework In The Formation Of The New Government
Ali Fadlallah, a spokesman for the Rights Movement, stated, on Sunday, that the changes in the regional and international arena will positively affect the vision of the coordination framework in forming the new government, while it is likely that a breakthrough will occur soon after the failure of the tripartite coalition to pass the remaining presidencies.
Fadlallah said in a statement to the Information Agency, that “political obstruction and closure is a term accompanying all stages of government formation since the previous sessions, starting with the first, second, third and fourth sessions, and the Iraqi people have witnessed the same situation that they are suffering from now repeatedly in the past years. “.
He added, "The state of political obstruction is considered normal due to the neglect of the political class and its persistence in the constitution and the law," and it is likely that "a real breakthrough will occur soon in the coming days, especially after the failure of the tripartite alliance to pass the remaining presidencies."
A rights spokesperson explained that “there are some geopolitical changes on the regional and international scene that will positively reflect on the political process and serve the vision of the coordination framework.”
Fadlallah stressed, “The next government will be an expanded majority or consensual government, with its two poles, the framework and the current, in order to address the political blockage, and work to expedite the formation of the largest bloc, the formation of the government, and the selection and completion of the remaining presidencies.”
Iraq new signature 25,000-dinar note (B356e) confirmed
They have added the new CBI governor's signature but I wonder if they did all the notes or just these 2 hmmm?
Iraq new sig/date (2020) 10,000-dinar note (B355d) confirmed
Like B355c, but new signature (Ghaleb) and new date (٢٠٢٠ – ١٤٤٢).
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