WOTS MON APR 18 22 The current government will not submit it to Parliament
State of Law: We will take steps before the forty-day deadline expires
The State of Law coalition confirmed that the forty-day period granted to them by Muqtada al-Sadr was a good opportunity and they would take steps before the deadline expires.
State of Law MP Dergham al-Maliki indicated that there are political movements between the blocs to expedite the resolution of the crisis, explaining that the government will not be formed without the Sadrist movement.
Documents..A representative of the state of law raises two calls for the federal government against Al-Kazemi's government
Representative of the State of Law coalition Hanan Al-Fatlawi announced, on Monday, filing two lawsuits with the Federal Supreme Court against the current "caretaker" government to stop the project to extend the oil pipeline from Iraq to Jordan.
According to the lawsuit seen by Shafak News Agency, Al-Fatlawi asked to issue a wilaya order and stop all government procedures regarding the oil pipeline project transporting from Basra to the Jordanian port of Aqaba.
Al-Fatlawi explained in the lawsuit filed against Federal Prime Minister Mustafa Al-Kazemi and Oil Minister Ihsan Abdul-Jabbar, that Al-Kazemi issued a decision he took in the cabinet session held on Tuesday, the fifth of this April, which includes “authorizing the Minister of Oil to sign with the coalition of Chinese companies ( CITIC) referred a major strategic project, which is the project to extend the Basra-Aqaba oil pipeline, at a cost of nine billion US dollars in order to export Iraqi oil through Jordan.
And she indicated that "the defendants, in addition to their job, represent a resigned government and that the functions of the resigned government are to conduct business only, and the Council of Ministers has previously issued circulars addressed to each of the Federal Court, the Supreme Judicial Council, all ministries, agencies not associated with a ministry, and the governorates, in which it clarifies that the tasks of The resigned government is the conduct of simple daily business that cannot be delayed until a new government is elected.
Yesterday, Sunday, Representative Hanan Al-Fatlawi confirmed during a session hosting the Minister of Oil in Parliament, that the caretaker government has no right to pass the Basra-Aqaba oil pipeline project, and to contract on strategic projects, and described the matter as a "constitutional breach."
She added that "the caretaker government does not have the right to enter into such large contracts," noting that "the project was not included in the federal budget, although everyone knows that major projects must be included in the budget and voted on by the House of Representatives before proceeding with it."
The Basra-Aqaba oil pipeline project sparked widespread controversy among the political, economic and popular circles, as many parties, especially Shiites, announced their rejection of the project, and while some considered it to be aimed at supplying Israel with oil, other parties saw the cost of the project as expensive and without economic feasibility.
With The Approval Of The Baghdad Government, The European Union’s Missions In Iraq Are Extended Until 2024
A report on the website of the European Union mission revealed that the Council adopted a decision to extend the European Union's advisory mission to support security sector reform in Iraq until 2024.
The report, which was translated by the "Information" agency, stated that "the mandate, which was scheduled to expire on April 30, 2022, was extended by the member states of the Union after the dialogue with the Iraqi government," according to the report.
He added, "The so-called international partners said that Iraq has shown an interest and a need for support, while the mission will continue to provide strategic advice and expertise on implementing the civilian aspects of security sector reform in Iraq."
He continued that “this operation, supported by many international partners, inter alia supporting institutional reform, organized crime, combating corruption and protecting cultural heritage; Integrated Border Management and Counter-Terrorism. As he put it.
The report indicated that “the mission of the Union is mandated to provide advice to officials of the Office of the National Security Adviser, the Ministry of Interior and other relevant authorities responsible for civilian aspects related to the security sector. The mission can conduct district and governorate-level visits to support Iraqi efforts to enhance country-wide coordination regarding civil security sector reform.
It is reported that “the Union Mission has a headquarters in Baghdad and an office in Erbil. The mission's overall mission is to assist in the development and coherent implementation of the Iraqi National Security Strategy, associated national strategies and other national security priorities.
Rule of Law: We accept mediation to proceed with forming a government
A member of the State of Law coalition, Ghazi Al-Aboudi, confirmed, on Monday, that the political impasse cannot continue, while indicating that the talks are continuing.
Al-Aboudi said in an exclusive interview with Mawazine News Agency, that there must be a political breakthrough between the Sadrist movement and the coordination framework, especially since there is no rupture between the parties and the discussions are ongoing, and the exchange of views continues.
He pointed out that the coordinating framework, specifically the rule of law, accepts political mediation and offers high flexibility in discussion and consultation to get out of the current crisis and move towards forming a government.
The financial advisor to the government proposes mechanisms to address 4 files, most notably the high prices
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, put forward, on Monday, mechanisms to address poverty, unemployment, inflation and price hikes.
Saleh told the official news agency, "The financial abundance achieved as a result of the rise in international oil prices, and then the increase in the country's oil revenues, will address the social and economic problems left by the current economic crisis and its inflationary repercussions on the local economy, especially its impact on social groups."
Saleh explained, "The rise in food prices has had a significant impact on people with limited income, in particular, and has now constituted 80 percent of their income, which will lead to an increase in poverty rates in the country," noting that "monetary policy follows the performance of fiscal policy accurately and its role in raising levels of poverty." Income and livelihood for the affected classes and the advancement of the policy of operating projects, which leads to raising population growth rates.
He added, "The indicators of poverty and unemployment can recede through 4 measures represented in supporting social welfare, supporting the components of the ration card, supporting the prices of agricultural crops and grains, in addition to operating important lagging projects," noting that "the role of fiscal policy lies in the full use of financial surpluses. Face, even if there are some indications of a rise in prices, as long as the requirements for protecting the poor classes are provided by subsidizing incomes and prices and providing real income that supports those affected social segments.
And Saleh added, "The fiscal policy is working to combat the repercussions of rising inflation, as monetary policy will have a broader role in the development of the country's reserves that support the purchasing power of the dinar, allowing the defense of monetary income and a broader purchasing power through a strict monetary policy."
The Democratic Party sets the date for forming the new Iraqi government - Urgent
The Kurdistan Democratic Party MP, Mahma Khalil Ali Agha, confirmed today, Monday, the cohesion of the tripartite alliance, while he expected the formation of the next .government at the end of next fifth month
Ali Agha said in a statement issued from his office today, "The birth of the Triple Alliance (National Salvation), is as an electoral entitlement, as this alliance will not be ".against anyone, but rather to save Iraq from the situation it has reached
He added, "This alliance is more coherent than ever, as it is communicating with the blocs to get Iraq out of the political blockage, and it is continuing to form a professional service government based on integrity and efficiency, at the end of the ".fifth month
He pointed out, "The influential leaders of the coalition are continuing to achieve the rights and demands of the Iraqi street as well as its national entitlements according to the circumstances and the data of the stage, preserving the unity and sovereignty of Iraq, and fighting corruption and terrorism, for its absolute belief that they are two sides of the same coin, as well as strengthening federal institutions, securing the return of the displaced and granting them their rights." The legal constitutionalism ”.lost materially and morally, and the security of their devastated areas
Saleh stresses the importance of the Office of Financial Supervision in combating corruption and preserving public money
The President of the Republic, Barham Salih, stressed, on Monday, the importance of the role played by the Office of Financial Supervision in protecting public money, combating administrative and financial corruption, and contributing to supporting the national economy.
The Presidency of the Republic said in a statement, "The President of the Republic, Barham Salih, received, today, Monday, at Al-Salam Palace in Baghdad, the head of the Agency for Financial Supervision, Rafel Yassin Khudair."
Saleh stressed, according to the statement, "the importance of the role played by the Financial Supervision Bureau in protecting public money, combating administrative and financial corruption, and contributing to supporting the national economy in a way that enhances the state's effort to establish good governance based on upgrading management and governance systems in state institutions, and ensuring equality opportunities and protects the country's wealth.
The President of the Republic stressed that "the serious scourge of corruption affects the will, stability and progress of the country
Leading by law: The tripartite veto against Al-Maliki comes from the dagger and a foreign agenda
A member of the State of Law coalition, Fadel Mawat, accused, on Monday, April 18, 2022, the head of the Sovereignty Alliance, Khamis al-Khanjar, of "leading the foreign agendas of the Triple Alliance," noting that the veto against the head of the State of Law coalition, Nuri al-Maliki, comes from the leader of the Sadrist movement. .Muqtada al-Sadr, the Gulf states, regional countries, Israel and America
Mowat told the media, which was followed by the obelisk, that "the coordinating framework extended its hand and tried several times to approach the Sadrist movement, in order to form the largest bloc and thus form the government," adding that "the Sadrist movement categorically insists on removing the entire coordination framework .from the political process, which represents The majority of the Shiite component He explained that "the Sadrist movement believes that if the components of the coordination framework agree with ".him, he can give it two ministries and take over all the existing positions
He pointed out that "there is a personal contract from al-Maliki, because when he was prime minister, the cavalry ".revolted against the unruly gunmen who were in the street, which claimed the lives of very large numbers of citizens
Mwat pointed out that "there are external agendas that affect the tripartite alliance, and these foreign agendas are led by Khamis al-Khanjar, and he said it explicitly that the tripartite alliance was formed before the elections with the ".blessing of the UAE and Turkey
He noted that "all the regional countries that came with ISIS do not want the presence of al-Maliki, because he is a strong personality and cannot agree to many of the decisions they want, such as extending the Basra-Aqaba oil ".pipeline, the food security law, and other colonial projects
He added that al-Maliki is rejected by these countries, and therefore the Sadrist movement, being part of the tripartite .alliance, cannot deviate from this international will
He added that "there is a veto from Al-Sadr, the Gulf states, Israel and America against Al-Maliki, because they want a figure like Mustafa Al-Kazemi to sign for them the decisions they want, while Al-Maliki does not agree to these .projects," he said
Iraq confirms its full commitment to the "OPEC +" agreement
His commitment has reached 120% of the reductions pledged in recent months
The Iraqi Oil Ministry confirmed its keenness to fully comply with the "OPEC +" agreement to limit production, which maintained the stability and balance of the oil market.
The ministry added, in a statement to Al-Arabiya, that Iraq is fully committed to supporting the “OPEC +” agreement, revealing that Iraq’s commitment reached 120% of the pledged cuts in recent months.
The statement touched on Iraq's endeavor to develop its production capabilities to expand its reserve capacities, so that it can provide the necessary quantities and supplies to the market in the event that the "OPEC +" group decides to increase production according to market data in the future.
Al-Kazemi’s government creates a “miniature model” of the budget, and its advisor acknowledges the “failure” of the white paper
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, acknowledged, on Monday, that the reform white paper approved by the government of Mustafa Al-Kazemi had not achieved the required achievements, indicating that the food security law is a “model” of the budget and needs urgent scrutiny by the Financial Control.
In a televised interview, Saleh said, "The White Paper achieved very simple things."
He added, "There is no accurate statistic that counts agricultural crops and national products, and that tax evasion (there is neither a head god nor a sassy god) is due to chaos and tax evasion."
He explained, “The ability that brought the emergency support law to Parliament can deliver the budget, but the emergency support will be an alternative to the budget in the event that the political blockage remains, and he is a legislator who wants to show a miniature “model” of the budget.
Regarding the number of employees and the possibility of their demobilization, Saleh said that “the number of employees has greatly inflated in Iraq, while the number of retirees has doubled recently, and it is difficult to lay off employees, and this will not happen in the worst circumstances.”
Saleh pointed out that "4 million retirees receive salaries from the budget and from the retirement fund, and that the retirement fund needs a very urgent review."
Central Bank: Our reserves exceeded $70 billion
Today, Sunday, the Central Bank of Iraq said that cash reserves exceeded $70 billion.
Iraq raises its holdings of US bonds by more than 600 million dollars
Today, Monday, the US Treasury Department announced that Iraq's holdings of US bonds increased by more than 600 million dollars to reach more than 24 billion dollars during the month of February.
The Treasury said in its latest table, that "Iraq's possession of US Treasury bonds for the month of February of 2022 increased by 661 million dollars, or 2.82%, to reach 24.086 billion dollars, after it was 23.086 billion dollars last January," indicating that "These bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 16.2 billion dollars."
She added that "Iraqi bonds, including long-term guarantees amounting to 10,260 billion dollars and short-term guarantees amounting to 13,826 billion dollars," noting that "these bonds represent 0.3% of the world's bonds."
In the Arab world, Saudi Arabia is at the forefront of the most possessing countries and has increased its holdings to reach $116,722 billion, Kuwait comes second with $50,571 billion, the UAE comes third with 46,299, then Iraq is fourth, Oman is fifth, with $5.338 billion, then Morocco is $3.720 billion.
And she pointed out that "the most countries that hold US bonds are Japan, with an amount of 1,306,292 trillion dollars, followed by China, with 1,054,815 trillion dollars, followed by the United Kingdom, with 625,240 billion dollars, and then Ireland, with 314,848 billion dollars."
The current government will not submit it to Parliament
Iraq's budget for 2022 awaits "Mercy" approval
The political blockage that Iraq suffers from has caused a delay in approving the budget, even though the country suffers from many economic problems and that its delay will negatively affect the life of the Iraqi citizen. The political debate continues over the mechanism of sending the budget by the caretaker government to the .House of Representatives for approval
In this regard, the Ministry of Planning announced, Thursday, April 14, 2022, that the .current government will not submit the budget law to the House of Representatives
The technical representative of the ministry, Maher Hammad, told the official agency, "The current government will not submit the budget law to the House of Representatives, but will leave it to the next government." He added that "the emergency support law will deal with food security and projects until the adoption of ".the new budget
Authorizing a government to send the budget
The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, announced, on Tuesday, March 12, 2022, that Parliament will vote to authorize the .caretaker government to send the budget law to the House
Al-Zamili stressed that "the emergency food security and development law will not be a substitute for the budget, and it came to a certain stage with the aim of addressing the most prominent emergency cases and issues for the country," noting that "the council will vote on authorizing the caretaker government to send the draft budget law for the current year, as well as laws The task that urgently needs the citizens of ”.the House of Representatives
He called on "the Finance Committee to provide the Presidency of the Council with the final version of the draft law after the necessary amendments have matured, so ".that it is included on the agenda of the nearest session to vote on it as well
The head of the caretaker government, Mustafa Al-Kazemi, had called on the political forces to work hard to agree on a formula for forming the government, carrying out its duties, working on preparing the 2022 budget, and fulfilling its obligations .towards citizens
Legislation of the budget law
In turn, the legal expert, Ali Al-Tamimi, clarified about the possibility of the caretaker .government sending the general budget law to Parliament
Al-Tamimi said in a press statement, "The necessity requires legislating the budget law, as it relates to people's livelihood and livelihood, and despite the fact that the government is a day-to-day management government that does not have the right to propose a draft budget law, but the higher interest and food security, which is one of ".the first priorities of the government of daily affairs." They demand that
He added that "Article 62 of the Constitution requires the government to submit the final accounts to Parliament before approving the budget," noting that "Article 8 of the Financial Management Law No. 6 of 2019 required the Ministry of Finance and Planning to submit the draft general budget law to the Council of Ministers in early .September ( September) of each year
Al-Tamimi explained that “Article 11 of the Financial Management Law obligated the Council of Ministers, after receiving the budget, to submit it to Parliament after discussing it in mid-October,” noting that “Article 13 of the law said in the event that the general budget law is not approved until December 31 ( December) The Minister .of Finance issues instructions for the disbursement of 1/12 of the total expenditures
And he indicated that "the above law authorized the submission of the final accounts for the previous year and their approval by Parliament in the event of a delay in ".budget legislation Repercussions and impact of delay
The Iraqi Political Economic Center revealed the repercussions and impact of the .delay in approving the 2022 budget on the Iraqi economic situation in general
The director of the center, Wissam Hadmal Al-Helou, said in a statement, "The economic situation in Iraq suffers from economic problems, and the delay in approving the budget until now due to the political blockage between the political ".blocs, will negatively affect the life of the Iraqi citizen
Al-Hilu indicated that "the law of 12/1, which is currently followed by the Iraqi government, is a business conduct only, and is no longer sufficient to manage the Iraqi state's expenditures, because the construction of the 2021 budget was based on the price of a barrel of oil set at 45 dollars, and today oil prices have reached more than 100 dollars, according to According to the data, prices are on the rise and ".fluctuations due to the Russian-Ukrainian war
Al-Helou believed that "the global economic situation requires Iraq to create a new economic mechanism and enact new economic laws in line with the current economic and political events in the world, in order to achieve sound economic security reinforced by governmental economic committees and with the participation of Iraqi private sector institutions and a number of experts and specialists in the economic field." Provided that the committees are real, not formal, ineffective and not influential in the government decision, and the tasks of the committees are to follow up and monitor global markets and economic variables and come up with studied .economic proposals that work to alleviate the burdens of the Iraqi citizen
The selling prices of the dollar were 147,500 dinars per $100, while the purchase prices of the dollar were 14750 dinars per $100.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, while the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1445.8000 |  1501.4000 | 1459.8000 | 1459.6000 | 1459.8000 | 1.8000 | 08:16 |
| USD/VND | 22925.0000 | 22930.0000 | 22914.7500 | 22904.4300 | 22904.4300 | 10.6000 | 04:57 |
| USD/CNY |  6.3665 | 6.3685 | 6.3735 | 6.3663 | 6.3703 | -0.0038 | 05:07 |
| USD/KWD | 0.3045 | 0.3055 | 0.3050 | 0.3047 | 0.3047 | 0.0003 | 10:48 |
| GBP/USD | 1.3014 | 1.3015 | 1.3064 | 1.3006 | 1.3050 | -0.0045 | 05:08 |
| USD/IRR | 42100.0000 | 42600.0000 | 42285.7000 | 42272.4000 | 42285.7000 | 40.3000 | 10:34 |
| USD/IDR | 14348.0000 | 14357.0000 | 14368.0000 | 14346.0000 | 14364.0000 | -20.0000 | 05:08 |
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Al-Kazemi’s government creates a “miniature model” of the budget, and its advisor acknowledges the “failure” of the white paper
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, acknowledged, on Monday, that the reform white paper approved by the government of Mustafa Al-Kazemi had not achieved the required achievements, indicating that the food security law is a “model” of the budget and needs urgent scrutiny by the Financial Control.
In a televised interview, Saleh said, "The White Paper achieved very simple things."
He added, "There is no accurate statistic that counts agricultural crops and national products, and that tax evasion (there is neither a head god nor a sassy god) is due to chaos and tax evasion."
He explained, “The ability that brought the emergency support law to Parliament can deliver the budget, but the emergency support will be an alternative to the budget in the event that the political blockage remains, and he is a legislator who wants to show a miniature “model” of the budget.
Regarding the number of employees and the possibility of their demobilization, Saleh said that “the number of employees has greatly inflated in Iraq, while the number of retirees has doubled recently, and it is difficult to lay off employees, and this will not happen in the worst circumstances.”
Saleh pointed out that "4 million retirees receive salaries from the budget and from the retirement fund, and that the retirement fund needs a very urgent review."
Iraq raises its holdings of US bonds by more than 600 million dollars
Today, Monday, the US Treasury Department announced that Iraq's holdings of US bonds increased by more than 600 million dollars to reach more than 24 billion dollars during the month of February.
The Treasury said in its latest table, that "Iraq's possession of US Treasury bonds for the month of February of 2022 increased by 661 million dollars, or 2.82%, to reach 24.086 billion dollars, after it was 23.086 billion dollars last January," indicating that "These bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 16.2 billion dollars."
She added that "Iraqi bonds, including long-term guarantees amounting to 10,260 billion dollars and short-term guarantees amounting to 13,826 billion dollars," noting that "these bonds represent 0.3% of the world's bonds."
In the Arab world, Saudi Arabia is at the forefront of the most possessing countries and has increased its holdings to reach $116,722 billion, Kuwait comes second with $50,571 billion, the UAE comes third with 46,299, then Iraq is fourth, Oman is fifth, with $5.338 billion, then Morocco is $3.720 billion.
And she pointed out that "the most countries that hold US bonds are Japan, with an amount of 1,306,292 trillion dollars, followed by China, with 1,054,815 trillion dollars, followed by the United Kingdom, with 625,240 billion dollars, and then Ireland, with 314,848 billion dollars."
The Democratic Party sets the date for forming the new Iraqi government - Urgent
The Kurdistan Democratic Party MP, Mahma Khalil Ali Agha, confirmed today, Monday, the cohesion of the tripartite alliance, while he expected the formation of the next .government at the end of next fifth month
Ali Agha said in a statement issued from his office today, "The birth of the Triple Alliance (National Salvation), is as an electoral entitlement, as this alliance will not be ".against anyone, but rather to save Iraq from the situation it has reached
He added, "This alliance is more coherent than ever, as it is communicating with the blocs to get Iraq out of the political blockage, and it is continuing to form a professional service government based on integrity and efficiency, at the end of the ".fifth month
He pointed out, "The influential leaders of the coalition are continuing to achieve the rights and demands of the Iraqi street as well as its national entitlements according to the circumstances and the data of the stage, preserving the unity and sovereignty of Iraq, and fighting corruption and terrorism, for its absolute belief that they are two sides of the same coin, as well as strengthening federal institutions, securing the return of the displaced and granting them their rights." The legal constitutionalism ”.lost materially and morally, and the security of their devastated areas
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