Tuesday, July 5, 2022

a parliamentary bloc is moving to reduce the exchange rate of the dollar Iraqi news for July 4th 2022

A parliamentary bloc is moving to reduce the exchange rate of the dollar Iraqi news for July 4th 2022

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These are the articles I discuss on the My FX Buddies Podcast


Officially.. The Rule Of Law Votes On Maliki's Nomination For Prime Minister

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The State of Law coalition announced, on Monday, the nomination of its leader, Nuri al-Maliki, for the position of the next prime minister, noting that the meeting discussed the developments of the political process and the parliament session after Eid al-Adha. other.

The leader of the coalition, MP Muhammad al-Sihoud, said in a statement to "Information", that "the outcomes of the meeting of the State of Law coalition for yesterday's session were important, as the vote was unanimously voted on the nomination of the leader of the coalition, Nuri al-Maliki to compete for the position of the next prime minister, and the vote was carried out according to the criteria set by the coordination framework. 

He added that "the meeting discussed the developments of the political process and urged the political forces to expedite the formation of the government and push the Kurdish parties to agree on a specific personality for the position of the presidency, as it is the main node in forming the government." A difficult and complicated stage.

Chihod indicated that "the meeting also discussed the issue of the next parliament session, which will be held after the Eid al-Adha and legislative holidays for Parliament, and the possibility of gathering a sufficient number to vote on the position of the President of the Republic by urging other political forces to attend.

The framework announces the date of forming the government

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State of Law: According to the framework plans, the government will be formed on July 15

The deputy of the State of Law coalition, Intisar al-Gharibawi, announced today, Monday, that 80% of the parties to the coordination framework agree on the next Iraqi prime minister.

Al-Gharibawi said that the meetings of the coordination framework regarding the formation of the government are continuing, indicating that the remaining time is for a short period, and the constitutional period has ended, and according to the framework plans, the government will be formed on the fourteenth or fifteenth of this July.


Maliki's nomination .. What is the plan of the rule of law?

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The talk about the nomination of the leader of the State of Law coalition, Nuri al-Maliki, to head the new government, came to reveal several secrets, including the attempt to obtain gains through this nomination, despite the coalition's adherence to the nomination of its leader and considering him a "man of the stage." 

Political analyst Ali Al-Baydar told "Earth News", "Al-Maliki in 2022 is completely different from Al-Maliki in 2006 and 2010, due to the many changes, and this difference may push him to move away from being at the forefront of the scene as prime minister during the next stage, especially since he He is well aware that the prime minister in the next stage is unable to move freely, as he is shackled by political will.”

Al-Baydar added that “the statements that talk about putting up al-Maliki’s name for prime minister, are a political maneuver, the aim of which is to make the interviewer feel anxious, so that he can nominate a person close to him. Al-Maliki during the next stage.”

And he indicated that "the Islamic Dawa Party and its Secretary-General, Nuri al-Maliki, wants to return to the scene again under the leadership of the state through the prime minister, but the return will be according to a new mantle, but al-Maliki remains the captain of the ship of the Shiite component during the current and future stage."

There were reports of the State of Law coalition's nomination of its leader, Nuri al-Maliki, as prime minister, but it was denied by leaders in the coalition, and no official statement was issued on the matter. 

Al-Maliki has published several tweets about the form of the next government, the last of which was today, Monday, where he said, “The next government must be a government that sends a message that it is service to all Iraqis and that it will not be exclusionary, marginalizing or finalizing any party that contributed to the political process and participated in the elections or not. Those who remain or withdraw from it participate.”

Al-Maliki’s name was proposed, with the coordination framework approaching the formation of the government, following the withdrawal of the Sadrist bloc from Parliament, and the taking of the constitutional oath by the replacement deputies, as most of them are from the forces of the coordination framework, which contributed to raising the number of its seats. 

What's the plan? 

On this matter, political analyst Ghaleb Al-Dami told “Earth News” that “in politics everything is possible, but we believe that putting up the name of Al-Maliki for the prime minister comes in order to obtain other and new positions, especially since the bulk of the coordination framework rejects Al-Maliki takes over as prime minister, and therefore that al-Maliki's relinquishment of this position will lead to his coalition obtaining other positions.

And Al-Daami said that "Al-Maliki wants the State of Law coalition to take the position of the first deputy speaker of parliament and to take the vice-president of the republic, especially since Al-Maliki is genuinely aspiring to the premiership, but he knows that the internal and external political atmosphere rejects this matter."

He added that "al-Maliki presents himself for prime minister, in order to obtain important positions during the next stage, in exchange for withdrawing his candidacy from the prime ministership, this goal is to put al-Maliki's candidacy strongly during the past days."

It is noteworthy that the leader of the Asa’ib Ahl al-Haq movement, which is affiliated with the coordination framework, Ahmed Abdel-Hussein, confirmed in a press statement that “the framework cannot nominate al-Maliki for prime minister … the specifications do not apply to him.” 

It is noteworthy that the disagreement of the leader of the Sadrist movement, Muqtada al-Sadr, with the coordinating framework, was the largest part of it was the presence of al-Maliki in the coordinating framework, and al-Sadr revealed previously during the negotiations, that he had proposed the idea of removing al-Maliki in order to ally with other framework forces. 

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On the other hand, the leader of the State of Law coalition, Fadel Mawat, told "Earth News", that "there is a real desire by representatives and leaders of the state of law to nominate al-Maliki for prime minister, especially since al-Maliki has all the qualifications and specifications that enable him to lead the next stage. The stage wants a man." Brave and strong.

Mowat pointed out that "the coordination framework until this moment has not officially nominated any person for prime minister, but the name of al-Maliki will be among the candidates, but rather the most prominent of them, and the choice of the name of the prime minister remains in agreement and consensus among the framework forces."

He added that "there is no political objection by the framework forces or other political forces to the leadership of the State of Law coalition, Nuri al-Maliki, as prime minister during the next stage, but the resolution of this matter remains subject to agreement and consensus between the coordinating framework forces."



Association of Private Banks: 98.12 trillion dinars, the volume of deposits at the end of the year 2021

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The Association of Iraqi Private Banks announced that the volume of deposits in the banking sector will rise to 98.12 trillion dinars until the end of the year 2021.

The Executive Director of the Association, Ali Tariq, said that the total assets in the banking sector increased by 15.87% during the year 2021, to become 150.4 trillion dinars.

He added that deposits in the banking sector increased by 12.65%, as it became during the year 2021 more than 98.1 trillion dinars, while in the year 2020 it was 87.19 trillion dinars, explaining that the total credit "loans" amounted to more than 53.5 trillion dinars during the year 2021 after it was in The year 2020 is worth 51.1 trillion dinars.

The statement indicated that the capital of the banks amounted to 150.4 trillion dinars during the year 2021, after the banks increased their capital in line with the development in banking services, pointing out that the pledge credit amounted during the year 2021 to more than 27.2 trillion dinars.

Tariq noted that the increase in banking indicators indicates a high level of trust between the citizen and the banking sector, due to the strategy of the Central Bank, which worked to develop the sector and increase and diversify services.


 The National Bank of Iraq signs an unfunded facility agreement with the Arab Trade Finance Program

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As part of its efforts to promote exports and imports of the industrial and service sectors in the Iraqi market, the National Bank of Iraq and the Arab Trade Finance Program recently signed an unfunded facility agreement .

The agreement was signed by Abdul Rahman bin Abdullah Al-Hamidi, CEO and Chairman of the Board of Directors of the Arab Trade Finance Program, and Board Member/CEO of the National Bank of Iraq Ayman Abu Dhaim .

Under the agreement, the Arab Trade Financing Program granted the National Bank of Iraq a line of credit to be used in financing Arab trade and to guarantee qualified commercial deals .

The Arab Trade Finance Program provides funded and unfunded credit facilities through the conclusion of risk-sharing partnership agreements with international financial institutions, in order to participate in the risks of the national agencies’ payment of their obligations, and also through the direct issuance of guarantees or irrevocable payment pledges to ensure that national agencies pay their obligations. arising from entering into commercial operations subject to the principles and uniform international norms .

 The CEO of the National Bank of Iraq, Ayman Abu Dhaim, expressed his pride in this cooperation with the Arab Trade Financing Program, which will support the plans of the National Bank of Iraq in providing the best services to its corporate clients in various commercial and industrial sectors, by supporting the financing of exports and imports of these sectors, in a way that contributes to the development of trade in Iraq. .

Abu Dhaim pointed to the bank’s achievements in the Iraqi market, where it was able to effectively contribute to the Iraqi economy and consolidate its distinguished position at the heart of the banking sector, which is the locomotive of development and the main pillar of various vital sectors, by providing banking products and services with high added value to its customers. From individuals and companies, and its investment in its infrastructure, it has witnessed over these years a remarkable increase in the number of its branches, which reached today 19 branches and 112 ATMs spread in various Iraqi governorates .

It should be noted that the Arab Trade Finance Program is a joint Arab financial institution that was established in 1989 in the city of Abu Dhabi - United Arab Emirates. The program aims to develop Arab trade and enhance the productive and competitive capacity of the Arab exporter .

The program works to provide a package of services to the Arab trader that will contribute to enhancing his productivity and competitiveness. At the forefront of these services is the provision of the necessary financing for Arab trade activities through its approved national agencies at a competitive cost and easy terms. The program services include various tools and mechanisms that include financing through credit lines. , financing in accordance with Islamic Sharia, risk sharing with various financial institutions, document discounting service, guarantee services, in addition to a number of other unfunded credit facilities.


a parliamentary bloc is moving to reduce the exchange rate of the dollar

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Today, Monday, Jawad Al-Ghazali, a member of the State of Law coalition, revealed a move by his bloc to reduce the dollar exchange rate.

Al-Ghazali said in a statement carried by the correspondent of (Iraqi Media News Agency / INA) that "the lawmakers have collected their signatures regarding reconsidering the dollar exchange rate to its previous era or modifying it."

He explained, "This step (comes) due to the rise in commodity prices in the markets and the harm of citizens, and this step will be towards a gradual reduction of the exchange rate, not completely, in order to be dealt with in a smooth manner without losses."


From Saudi Arabia.. Allawi announces the abandonment of importing gas and electricity from Iraq

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Today, Saturday, Finance Minister Ali Abdul-Amir Allawi announced the abandonment of importing gas and electricity from Iran.
Allawi stated in a tweet on Twitter, followed by (Iraqi Media News Agency / INA), that in implementation of the decisions of the
 US Treasury Department, we decided to commit not to extend the exemption granted to Iraq from the sanctions imposed on the import of gas and electricity from Iran.

This tweet was written by Allawi during the visit to Saudi Arabia, and it comes hours after he announced that an agreement had been reached to activate the electrical connection between Iraq and Saudi Arabia
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An Economist Explains The Importance Of The Belt And Road Initiative For Iraq

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The researcher in economic affairs, Nabil Jabbar Al-Ali, confirmed, on Monday, that the Chinese agreement is not related to the Silk Road project or the Al-Faw port project, noting that the Chinese agreement is a contracting contract on credit, Iraq pays 20% in the form of oil payments and lends to institutions The Chinese company Iraq increased by 80%, and its companies implement projects inside Iraq without competition.

Al-Ali said in a statement to "Al-Maalouma", that "Al-Faw port is a maritime transport project at a cost of approximately $3 billion, and it is a commercial port that cannot generate revenues of more than $1 billion annually, which is equivalent to approximately 1.5 percent of Iraq's oil revenues in working in conditions for its ultimate success.

He added that "the Chinese Belt and Road Initiative, or what is known as the Silk Road, is a large Chinese international investment project to implement Chinese investments in the field of international transport to achieve Chinese goals related to quick and less expensive access to goods manufactured in China to various parts of the world."

Al-Ali pointed out that “Iraq can be classified as a country that falls within the American and British influence, and China is trying to approach cautiously with Iraq, and China cannot rely on an international line under pure American control, as is the case in Iraq.”

He pointed out that "the Silk Road can create multiple commercial interests in Iraq, as well as in the field of transportation, transit and shipping. It can enhance opportunities for industry, storage, free trade, and free industrial zones, provided that the political will, a clear vision and policies are available." 


The highlights of what happened between Al-Kazemi and the Special Representative of the World Bank in Iraq

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Prime Minister Mustafa Al-Kazemi received today, Monday, the Special Representative of the World Bank in Iraq, Ramzi Noman, on the occasion of the end of his work.

The meeting witnessed, according to a statement by the Prime Minister's Media Office, received by Earth News, "a review of the challenges facing the countries of the region in the fields of energy production and climate change."

Al-Kazemi valued “the role played by the World Bank in supporting the reform directions implemented by the government, especially when the consultations are consistent with the Iraqi conditions and understand the Iraqi economic specificity,” and pointed out that “the government is determined to move forward with reforms; In order to provide better livelihoods for the Iraqi people.

The Prime Minister stressed that the reform efforts adopted by the government have begun to bear tangible results through the economic indicators published by international organizations, and His Excellency renewed his confidence in the promising economic future of Iraq, which will be led by the younger generations.

For his part, Ramzi Numan expressed his "appreciation for the efforts of the Iraqi government in the field of economic reform, and its ability to implement it despite the difficult challenges, and he also praised the Iraqi efforts in the field of achieving regional economic integration in partnership with the rest of the countries in the region, which ultimately serves the Iraqi interest.


Al-Kazemi: We are determined to move forward with reforms to provide better livelihoods for the Iraqi people

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Al-Kazemi: We are determined to move forward with reforms to provide better livelihoods for the Iraqi people

Prime Minister Mustafa Al-Kadhimi received, on Monday, the Special Representative of the World Bank in Iraq, Ramzi Noman, on the occasion of the end of his work. 
 

The meeting witnessed, according to a statement by the Prime Minister's Media Office, received by "NAS" (July 4, 2022), "a review of the challenges facing the countries of the region in the fields of energy production and climate change."  

Al-Kazemi praised "the role played by the World Bank in supporting the reform directions implemented by the government, especially when the consultations are consistent with the Iraqi conditions and understand the Iraqi economic specificity," and indicated that "the government is determined to move forward with reforms, in order to provide better livelihoods for the people." Iraqi".  

The Prime Minister stressed that the reform efforts adopted by the government have begun to bear tangible results through the economic indicators published by international organizations, and His Excellency renewed his confidence in the promising economic future of Iraq, which will be led by the younger generations.  

For his part, Ramzi Numan expressed his "appreciation for the Iraqi government's efforts in the field of economic reform, and its ability to implement it despite difficult challenges, and he also praised the Iraqi efforts in achieving regional economic integration in partnership with the rest of the countries in the region, which ultimately serves the Iraqi interest."



Statement of the Iraq Economic Contact Group of the Group of Seven, the European Union and the World Bank

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The Iraq Economic Contact Group announced, on Monday, its encouragement to the Iraqi government to revive its economic reform agenda, calling for integrating climate considerations into its investments and development plans to improve food, water and energy security.  

 

This came in a statement by the Iraq Economic Contact Group of the Group of Seven, the European Union and the World Bank, a copy of which was received by “NASS” (4 July 2022), and the following is its text:-  

I will try to translate this in a bit

 

July 2022

 The Group of Seven, the European Union, the World Bank and the International Monetary Fund met yesterday to launch the joint Japan-UK presidency of the Economic Contact Group for Iraq. Economic diversification and resilience remain essential to the future prosperity of Iraq, as this will lead to the provision of basic services to all and economic opportunities including  For Women, Youth, Inclusive Growth, and Greater Stability for Iraqi Society The Iraq Economic Contact Group continues to stand ready to support the Iraqi government in implementing this important agenda for the Iraqi people.

The Iraq Economic Liaison Group encourages the Iraqi government to revive its economic reform agenda, using the increased oil revenues to invest in Iraq's long-term future, specifically improving infrastructure, providing water and electricity, human development, and switching to green energy sources. The Iraqi government should integrate climate considerations into

 Its investments and development plans to improve food, water and energy security.

 legal expert spoke p

 Hamar Iraqi expanded.
 Establishing a private sector is critical. Reforms should focus on improving competitiveness at the local and international levels, improving transparency, and addressing corruption. The Iraqi economy must support a strong and independent financial sector and a regulatory and tax environment that encourages business growth, which in turn will allow for a dynamic and young workforce.  Prosperous Iraq is creating businesses for the future, as well as attracting foreign investment.
 Having a strong and targeted social safety net ensures that the most vulnerable receive adequate support, the Iraq Economic Liaison Group will encourage the Iraqi government to
 Proceed with reforms in this regard.

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Tyre.. Toyota and "UNDP" conclude a mechanics course for car maintenance and give graduates a "Work Accreditation Certificate"

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Toyota Iraq, in coordination with the "UNDP" organization, concluded on Monday the seventh mechanical course to teach, train and develop the skills and capabilities of young people in the field of cars.

Trainees from all over Iraq participated in the course, who were granted a solid work accreditation recognized in the field of car maintenance.

The closing ceremony of the course was attended by the representative of the UNDP, the President of Toyota Iraq Sardar Al-Bibani, the Japanese Consul, the Minister of Planning of the Kurdistan Regional Government Dara Rashid, the Governor of Erbil Omid Khoshnaw, academic and social elites and government figures.

The President of Toyota Iraq, Sardar Al-Bibani, said in his speech, "The company will provide job opportunities for the competencies graduating from the course and will continue to support all young cadres in order to advance and develop and achieve a better tomorrow."

She added that "Toyota company has a special institute for training mechanical cadres," noting that "185 people are now working in the maintenance of Toyota cars in all branches of Iraq."

For his part, the Minister of Planning in the Kurdistan Region, Dara Rashid, said that "the private sector is an important partner for the government sector in the Kurdistan Region, and we support it."

Tyre.. Toyota and "UNDP" conclude a mechanics course for car maintenance and give graduates a "Work Accreditation Certificate"


Senator Lindsey Graham assures Al-Halbousi of Washington's commitment to supporting Iraq in all fields

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Today, Monday, Parliament Speaker Muhammad al-Halbousi received US Senator Lindsey Graham and his accompanying delegation.

A statement by Al-Halbousi's office said that "the meeting dealt with strengthening bilateral relations and ways to develop them in the economic, cultural and educational fields, and security cooperation by supporting the Iraqi forces in facing the challenges of terrorism, and discussing the issue of displaced women and children and the humanitarian situation in Al-Hol camp."

He added, "The meeting also discussed developments in the regional situation, and Iraq's growing role in achieving security and stability in the region, as well as a number of issues of common interest."

For his part, Senator Lindsey Graham affirmed his country's commitment to supporting Iraq in all fields in order to achieve its security and stability, pointing to the importance of Iraq's active role in easing regional tensions.

 

Al-Halbousi discusses with US Senator developments in the regional situation

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 Parliament Speaker Muhammad al-Halbousi received today, Monday, US Senator Lindsey Graham and his accompanying delegation.

A statement by Al-Halbousi's office, received by Earth News, stated that "the meeting dealt with strengthening bilateral relations and ways to develop them in the economic, cultural and educational fields, and security cooperation by supporting the Iraqi forces in facing the challenges of terrorism, and discussing the issue of displaced women and children and the humanitarian situation in Al-Hol camp."

He added, "The meeting discussed developments in the regional situation, and Iraq's growing role in achieving security and stability in the region, as well as a number of issues of common interest.

For his part, Senator Lindsey Graham affirmed his country's commitment to supporting Iraq in all fields. In order to achieve its security and stability, pointing to the importance of Iraq's active role in easing tensions in the region.


Al-Atabi: Reveals A Paper Of 10 Main Points To Save Iraq's Economy

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The leader of the State of Law coalition, Turki Al-Atabi, revealed, on Monday, an important paper for carrying out economic reforms in the country.


Al-Atabi said in an interview with “The Information” that “the real Iraq crisis is in the economic dimension, especially since 90% of the budget depends on oil sales revenues, which are volatile and subject to global crises and the experience of The past years have proven the danger of relying on the rentier economy and the need to diversify its sources.

Al-Otabi added, "An important reform working paper will be presented in the near future, consisting of 10 important and main points in order to carry out reforms that save the national economy and push to reduce dependence on selling points and confronting the file of corruption in state institutions."

He pointed out that "the paper will be presented to the next government for adoption, pointing to the importance of conducting radical reforms in Iraq's economy, especially with the rapid developments in the international scene and the transition to clean energy resources."

The national economy suffers from major crises represented by the growth of corruption and bureaucracy and almost complete dependence on selling oil.” 



Al-Kazemi receives a delegation from the US Senate (details)

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On Monday, US Senator Lindsey Graham affirmed his country's continuation of unlimited .support for Iraq in all fields during his meeting with the Iraqi Prime Minister in Baghdad

According to a statement issued by Al-Kazemi’s office received (Baghdad Today), “Al-Kazemi expressed during the meeting his welcome to the delegation and his aspiration to strengthen bilateral relations and ways to develop them in the economic, cultural, and educational fields, ”.in the interest of the Iraqi and American peoples

The meeting witnessed the discussion of the new phase of security cooperation in the field of advice and capacity building for the Iraqi security forces after the end of the combat role of the American forces, as well as discussing the regional situation in general and the situation in Syria in particular, and what Iraq can contribute to achieving regional stability in .light of its rising role. in this field

For his part, Senator Lindsey Graham affirmed the "unlimited commitment to providing longterm assistance to Iraq and enabling it to achieve its security, economic, and social .priorities." for regional and international stability 

 

 a different version

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Today, Monday, Prime Minister Mustafa Al-Kadhimi received US Senator Lindsey Graham and his accompanying delegation.

 

A government statement said, "During the meeting, Al-Kazemi expressed his welcome to the delegation and his aspiration to strengthen bilateral relations and ways to develop them in the economic, cultural, and educational fields, in the interest of the Iraqi and American peoples."

 

He added, "The meeting witnessed a discussion of the new phase of security cooperation in the field of advice and capacity-building for the Iraqi security forces after the end of the combat role of the American forces, as well as a discussion of the regional situation in general and the situation in Syria in particular, and what Iraq can contribute to achieving regional stability in light of its growing role in this field.

 

For his part, Senator Lindsey Graham affirmed the "unlimited commitment to providing long-term assistance to Iraq, and enabling it to achieve its security, economic, and social priorities."

 

He explained that "the United States aspires for Iraq to be a major player in the Middle East, based on its strong democracy and economic reforms as a supportive factor for regional and international stability."



Oil issues clarification regarding the position of international oil companies operating in Kurdistan

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The political forces continue their dialogues with each other, in preparation for the completion of the constitutional entitlements, represented in the election of a new president of the republic and the formation of the new government, but it collides with many obstacles that seek to dissolve and liquidate it, especially after the withdrawal of the leader of the Sadrist movement Muqtada al-Sadr from the political process, and the resignation of his bloc's representatives from Parliament .

Informed sources told Shafak News Agency that the coordination framework intensified its serious dialogues during this period, and negotiated with independent deputies to ally with him and accelerate the process of forming the government, in addition to granting them executive positions commensurate with their ambitions.

Since the Sadrist bloc’s representatives submitted their resignations from the Iraqi Council of Representatives and the withdrawal of the Sadrist movement’s leader Muqtada al-Sadr from the political process, the coordinating framework has addressed the task of forming the new government and entered into internal negotiations and dialogues with other political forces, but until now it has not been officially announced that understandings have been reached between the two parties. The blocs lead to the formation of the government.

Freelance Satisfaction

A senior source in the coordination framework stated, "The dialogues and negotiations led by the leaders of the framework with the various political forces are continuing, in particular with the independent representatives and their polarization with the framework. Indeed, many of them responded to the proposals of the Shiite forces affiliated with the coordination framework, and that the latter promised to grant them a ministry (youth). Primarily on the side of the Human Rights Commission.

One of the sources told the agency, "Independent MPs have expressed a desire to assume service ministerial portfolios, and if this is not possible, they must obtain the position of governor or mayor of Baghdad, along with a body commensurate with their parliamentary and numerical weight."

The source added, "Independent deputies have become a significant number, and accordingly they will have a share in the formation of the next government based on their desire, especially since their number is 60 deputies."

Head of Government

In addition, an informed source stated, "The nomination of a prime minister will be according to controls and determinants, whenever they are found in a candidate, who will be chosen through the internal vote of the framework forces and then the other forces allied with him."

The source confirmed, to Shafaq News Agency, that "the right of every Shiite political component or alliance within the framework forces to nominate whomever they deem suitable for the position and the controls for the candidate for the position are available."

He added that "all the Shiite forces affiliated with the framework agreed that giving way to the leaders of the second line of the party or the coalition, provided that controls are available, and if tested names are presented, there is no harm in that because the vote will resolve the controversy over the person of the next prime minister."

He explained that "among the names nominated for the position are the head of the State of Law coalition, Nuri al-Maliki, as his deputies nominated him for prime minister, as well as Mustafa al-Kazemi, Asaad al-Eidani, Muhammad Shia al-Sudani, and it is hoped that an independent personality will be presented with the controls for the position."

And the source continued: "The names referred to will enter qualifiers by voting through the General Assembly of the framework (all deputies of the coordination framework), including the representatives of the forces allied with them, and any of the current proposed names or those that will be added later if they obtain the highest votes will be publicly presented as a candidate for prime minister on To gain the acceptance of the leader of the Sadrist movement, Muqtada al-Sadr."

government program

On Monday, an informed source in the coordination framework revealed the members of the government program writing committee, which was formed by the coordination framework in preparation for the formation of the next government.

The source told Shafak News Agency; The members of the committee for writing and monitoring the government program for the prime minister or the next government are among the leaders of the second row in the Shiite political parties and currents participating in the next government, in addition to taking into account their academic and scientific specialization in addition to their practical experiences to ensure writing a real government program in harmony with the requirements of the Iraqi individual.

He added that "among the members of the committee are the spokesman for the State of Law coalition, Bahaa Al-Din Al-Nouri, the deputy and leader Ahmed Al-Asadi from the Al-Fateh Alliance, as well as the leader of the Asa'ib Ahl Al-Haq movement, Saad Al-Saadi and Fadi Al-Shamri from the Wisdom Movement, as well as Paval Talabani from the Kurdistan Union Party and Muthanna Al-Samarrai." On behalf of the Azm Alliance, in addition to some leaders in other Shiite forces, and a representative of the independent representatives.

He pointed out that "the government program focuses on the priorities and requirements of the stage, including addressing the unemployment file by creating real job opportunities represented in investing the movement of staffing in all institutions and granting vacant grades due to (the retirement age) to some employees and classifying according to the priorities of need, also expanding the space Investment projects and determining the controls of their employment through their commitment to employ 90% of the Iraqis and 1-10% of foreign workers.

A source familiar with the political movement of the coordination framework forces had previously revealed the designation of three concerned committees to complete the procedures for forming the government to speed up its announcement.

The source told Shafaq News Agency, "The periodic meetings of the coordinating framework forces resulted in the nomination of three important committees, including the government program writing committee, which includes ten members of the second-grade leaders who specialize in the political, economic and legal fields."

He added that the second negotiating committee includes some of the leaders who represented the framework in its negotiations with the parties and the active forces in the political process, in addition to the committee for managing the file or the political decision, which includes the leaders of the political forces affiliated with the framework.


The President of the Republic asks America to help Iraq to recover the money smuggled abroad

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President Barham Salih received, on Monday, US Senator Lindsey Graham.

A statement from the Office of the President of the Republic, a copy of which was received by Mawazine News, stated that the meeting dealt with the strong bilateral relations between the two countries and ways to strengthen them in the political, economic and cultural fields, in accordance with mutual understandings and interests, as the importance of continuing work and coordination to combat terrorism and eradicate its roots in the whole region, and cooperation was emphasized. In the face of economic fluctuations, combating the scourge of financial and administrative corruption, and assistance in recovering Iraqi funds smuggled abroad, in addition to cooperation in confronting the phenomenon of climate change and protecting the environment.

He added, "In the meeting, the latest regional and international developments of common interest were discussed, as President Barham Salih stressed the importance of easing tensions in the region, defusing crises through dialogue and ending terrorist havens, pointing out that Iraq's importance in the region is an essential hub for the security and stability of the entire region." 

For his part, Senator Lindsey Graham affirmed the commitment of the United States to support the security and stability of Iraq, and to establish close relations in various fields, pointing to the importance of Iraq in the region and its active role in establishing security and stability.


UK: Barham Salih is our only candidate for the post of President of the Republic

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The leader of the Kurdistan Democratic Union, Tareq Jawhar, confirmed today, Monday, that there is no difference that the presidency is the right of the Democratic Union, noting that Sadr's withdrawal facilitated matters for the coordination framework and his allies to form the government.



An expert identifies 3 reasons why Iraq is not benefiting from the financial abundance of oil

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The economist Duraid Al-Enezi identified, today, Monday, 3 reasons why Iraq is not benefiting from the financial abundance of oil, in light of the rise in its prices globally.

Al-Enezi told {Euphrates News}, that "by comparing the financial abundance of oil sales, we find it few compared to the high prices of goods and materials," noting that "the current financial abundance is papers and not generating projects that can be benefited from."

He added: "If we compare, the strength of the dinar has decreased by a quarter of its value, the greater that abundance and the higher the prices of commodities."

Al-Enezi pointed out that "poor economic planning and the failure to put money into investment projects and the operation of idle hands did not make Iraq benefit from that abundance," noting that "if Iraq stored 90 billion, its purchasing reality would be 60 billion."
From Raghad Daham



The Economic Contact Group for Iraq announces the support of the Iraqi government to revive its reform agenda

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The Economic Contact Group for Iraq announces the support of the Iraqi government to revive its reform agenda

 

The Economic Contact Group for Iraq announced today, Monday, encouraging the Iraqi government to revive its agenda for economic reform, while calling on the government to integrate climate considerations into its investments and development plans to improve food, water and energy security.

The group stated in a statement, that "the G7 countries, the European Union, the World Bank and the International Monetary Fund met yesterday to launch the joint presidency between Japan and the United Kingdom for the Economic Contact Group for Iraq."

She added that "economic diversification and resilience are essential to the future prosperity of Iraq, as this will lead to the provision of basic services for all, economic opportunities including for women and youth, inclusive growth and greater stability for Iraqi society."

The Iraq Economic Contact Group indicated that it continues to "stand ready to support the Iraqi government in implementing this important agenda for the Iraqi people."

The group encouraged the Iraqi government to "revive its economic reform agenda, using the increased oil revenues to invest in Iraq's long-term future, specifically improving infrastructure, providing water and electricity, human development, and shifting to green energy sources."

It called on the Iraqi government to "integrate climate considerations into its investments and development plans to improve food, water and energy security," noting that "establishing a thriving private sector is critical."
The contact group stressed the need for
The group concluded, that "a strong and targeted social safety net that ensures that the most vulnerable receive adequate support, the Iraq Economic Liaison Group will work to encourage the Iraqi government to move forward with reforms in this regard.


Iraqi-Arab economic integration

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In light of the Food Security Law that was issued in Iraq recently, it has become necessary to put points on letters to confront a set of border points related to the Iraqi Arab food and economic security, and that the capabilities, in the light of social development, are no longer able to provide all food needs, because the population increases and what Accompanied by the growing cash income, it is no longer in line with the increase in production, so there are a number of countries that lack the primary agricultural capabilities, so food security has become a reality that requires the adoption of an agricultural and economic policy through which the food gap can be bridged.

Any strategy must start from reality according to a plan to support the powers granted to institutions and organizations so that they can follow up, evaluate and take the necessary decisions to implement the consensus of positions and policies.  

The preparation of sectoral programs in the fields of finance, industry, agriculture and human resources are followed up by officials and through their meetings, for the purpose of unifying policies and submitting their proposals to the relevant Arab ministers’ meetings for implementation, with regard to the Arab side.

It is important to evaluate joint Arab institutions and projects, and work to coordinate their activities periodically by preparing programs to which they are committed, as well as supporting the powers of specialized committees in order to implement the decisions previously taken that are associated with the approval of the Arab countries.

In order to enhance Arab food, commercial and industrial security, it is necessary to take a unified position in terms of cooperation with the outside world as a single economic bloc, encourage joint Arab investments in the field of development, work towards unifying investment laws in the Arab world, enter into industries of monopolistic specialization and use technology Globalism.

The next stage requires organizing the distribution of investments and specialization in the field of self-reliant industries, and working for a unified Arab legislation for the transfer of scientific inventions, as well as expanding the modern communication network, and allowing agricultural commodities to move freely and without hindrance between Arab countries, exempting agricultural products from all fees and taxes. 

It is necessary to consider the Arab countries as a single market because the nature of economic and social developments and the different programs and intellectual curricula of Arab countries require setting specific goals for growth in the various economic sectors, provided that the reasons for not reaching those goals are discussed quarterly and work to overcome obstacles. To get out of isolation to economic unity first.


Warnings of the spread of chaos in Iraq

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The political crises in Iraq, and the withdrawal of the "Sadr movement" from the political process, raised many repercussions that would provoke a second wave of protests after the events of October 2019, amid warnings against resorting to weapons during the protests.

Although months have passed since the early elections, great complications and challenges have emerged from the current stage for the political forces.

With those close to the leader of the Sadrist movement threatening the forces of the "coordinating framework", many tweets were published on Twitter by those close to the movement showing their readiness for any order from Muqtada al-Sadr, which indicates that the doors of popular demonstrations are at the door.

Haider al-Moussawi, deputy head of the Al-Ittihad Political Decision Center, confirmed that the geography of southern and central Iraq is a “hot slate,” noting that with the different social level, partisan movement, political orientations and the large number of tensions that the country witnessed, especially in the face of terrorist challenges and the formation of military wings for these movements, Things began to take an ascending trend towards the splitting of a number of movements and the continuation of the cleavage.

Al-Moussawi pointed out that public opinion, after the recent elections, the continuation of the political blockage and the withdrawal of the "Sadr movement" from Parliament, fears of an upcoming chaos that will sweep through that geography similar to what happened in the eighties of the last century in Lebanon.

He stressed that "tension hangs over these cities and their residents, fearing the outbreak of a second wave of protests in which arms may be resorted to."

And he added: “The external position will not be silent and will take its last decision regarding the invalidity of this system, and may go to internationalizing the situation and finishing off the rest,” explaining that “in both cases, the geography of central and southern Iraq will be the loser first at the level of infrastructure, social fabric and civil peace.” And what will urge at that time that the Kurdistan region declares its independence and the right to self-determination and the pretext that the situation in Baghdad is no longer safe, and the western provinces will follow the example of the region.”

Al-Moussawi stressed that “the population of central and southern Iraq is facing a great challenge, and what we see of escalation and mobilization in social media are messages that are not reassuring. Away from tension, and there is no harm in agreeing on a new date for the elections



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