The Central Bank: New cooperation between Iraqi and international banks
Al-Kazemi: We have important contracts with major oil companies, and Iraq will remain an important source of energy production
The head of the federal government, Mustafa Al-Kazemi, said that his government has contracts with major oil companies to develop infrastructure in the energy production sector in the country.
Al-Kazemi said in an interview with the French newspaper "Le Figaro", "Iraq is an important country in the field of energy production, and we have worked on developing energy infrastructure to be able to secure the energy market with high flow. We have signed important contracts with Total to expand the flow of energy supply." extracting associated gas in our oil fields, and developing clean and alternative energy projects.
He added, "We have changed the title of the Ministry of Electricity to the Ministry of Electricity and Alternative Energy, an indication of our government's directions towards moving towards clean energy that is suitable for the environment."
Al-Kazemi continued, "We have other important contracts with major oil companies to develop infrastructure in Iraq, and Iraq will remain an important source of energy production in the world. At the same time, we are working hard to adapt our energy production to modern standards appropriate to the environment to protect it and maintain its safety."
Will Iraq be affected by the decisions of OPEC Plus?
On Tuesday, the economist, professor of economics at Basra University, Nabil Al-Marsoumi, shed light on the impact of OPEC Plus decisions on Iraq's oil production.
Al-Marsoumi wrote in a post on his Facebook wall, "OPEC Plus will hold a meeting tomorrow, Wednesday, the fifth of October, to confront the large supply gap in the global oil market, estimated at 1.7 million barrels, which is pressuring prices in a downward direction."
He added, "This meeting comes under complex political and economic circumstances in which the Russian-Ukrainian war cast a shadow of anxiety and turmoil on the global energy market and the global economy in general. interest rates several times to counter inflation, even if this leads to harming economic growth in it.”
He continued, "Therefore, any substantial reduction in OPEC Plus production to address the imbalance in market fundamentals would lead to higher inflation and erosion of global demand for oil, which could lead to widening the supply gap instead of narrowing it. Russia proposes a production cut of one million barrels per day for the month of November." Next, while other countries, led by Saudi Arabia, believe that the reduction should not exceed half a million barrels per day, and if OPEC Plus agrees to the Russian proposal, this means that it has taken the largest production reduction since 2020 and such a decision would raise oil prices in the short term above The level of $90 a barrel.
He explained, "In this case, Iraq's share of the reduction will be 12%, which is equivalent to 120 thousand barrels per day, and thus Iraq's production share specified for it in OPEC Plus will be 4.531 million barrels per day instead of 4.651 million barrels per day, which is higher than its current actual production of 4.525 million. barrels per day, and thus Iraqi oil revenues will rise from the OPEC decision, due to the rise in prices first, and the preservation of Iraq’s actual production of crude oil without a second reduction.”
A member of the October demonstrations committee admits the failure: We have decided to return the central leadership of the demonstrators to Baghdad
Salah Al-Suwaidi, a member of the Central Organizing Committee for the Tishreen demonstrations, referred, on Tuesday 10/04/2022, to the demonstrators' withdrawal due to the submission of some activists to a political agenda.
Al-Suwaidi said, according to Al-Marbad Radio: The demonstrators were determined to continue their demonstrations, but there were political wills that prevented them from staying.
He pointed out that the statement of the demonstrators' withdrawal from Al-Nusour Square was individual and the Central Organizing Committee was not aware of it.
Al-Suwaidi indicated that the Central Committee for the Demonstrations held a meeting in Baghdad that included the leaders of the demonstrations and the coordinations and the demonstrating movements, and it was agreed at the meeting that the central leadership of the demonstrators would return to Baghdad, especially after the failure of some of the leaders of the demonstrations in their governorates.
He added that if there was a serious intention to respond to the demands of the demonstrators, the parliament session would have been held before the twenty-fifth of this month, as the date for the renewal of demonstrations.
He pointed out that the demands of the demonstrators were to make a constitutional amendment and an amendment to the election law and to set a date for the dissolution of Parliament, in addition to assigning an independent government to hold early elections.
The Sadrist movement is moving to new protests: We will cut the road for Al-Sudani to head the government
A leader in the Sadrist movement, led by Muqtada al-Sadr, confirmed today, Tuesday, the return of popular protests in the capital, Baghdad, in the next few days. With its expansion in some governorates of the center and the south.
As soon as the coordination framework announced at the end of last July the nomination of Muhammad Shia Al-Sudani to head the government, demonstrators from the Sadrist movement were able to storm the Iraqi parliament building in the fortified Green Zone in central Baghdad, which includes government institutions and foreign embassies, while the country has been mired in a complex political crisis for months.
Later, after an armed clash with elements belonging to the security forces in al-Khadra, al-Sadr's followers began to withdraw in response to a call from their leader.
The Sadrist leader told Shafaq News Agency, who asked not to be named, "The leadership of the Sadrist movement is seriously considering the resumption of popular protests in the capital, Baghdad, with its expansion in some central and southern governorates, during the next few days, especially with the approach of (forty) martyrs of the Green Zone demonstrations. ".
He added, "The Sadrist movement will escalate the intensity of the popular protests, to prevent the coordination framework from forming the government of Muhammad Shia Al-Sudani, as the movement will not allow this, and the Sadrists will take to the street soon, and work is continuing to finalize the return of the protests, which will be completely different from the previous one." saying.
Disagreements prevail within the coordination framework about al-Sadr's demands and about the framework's candidate for prime minister, Muhammad Shiaa al-Sudani, at a time when political parties are moving to organize early elections, but the last proposal collides with a number of legal and political obstacles.
The Central Bank: New cooperation between Iraqi and international banks
The Governor of the Central Bank, Mustafa Mokhif, announced receiving requests from international banks to open prospects for cooperation with Iraqi banks, which have a credit rating from accredited rating agencies.
Makheif said during a press interview, followed by "Nass" (October 4, 2022), that "work is currently underway with a number of sober international banks to prepare the ground for the crisis for banking cooperation with Iraqi banks with outstanding performance and a credit rating from accredited rating agencies."
He added, "The requirements and proposals on this subject, which were submitted by some international banks, are currently being studied for the purpose of opening accounts for Iraqi banks and opening new horizons for international cooperation."
He pointed out that "a decision was issued by the Board of Directors of the Central Bank to grant the Iraqi Deposit Insurance Company, the final license, with a capital of 100 billion dinars, to practice the work of guaranteeing deposits, taking into account the Central Bank of Iraq Law No. 56 of 2004, Banking Law No. 94 of 2004 and the amended Companies Law No. 21 For the year 1997, to be subject to the control and supervision of this bank, and the members of the company’s board of directors were selected and the authorized manager was appointed, the company’s site was chosen to complete the procedures and start doing its business.
Al-Kazemi: We were on the brink of a civil war.. Al-Sadr has the right to form the government, but he made a mistake
The Iraqi Prime Minister, Mustafa Al-Kazemi, stated that the country was on the verge of a civil war following the bloody confrontations in the fortified Green Zone in the center of the capital, Baghdad, between supporters of the Sadrist movement on the one hand, and the security forces and armed factions on the other hand, but he stressed that Al-Sadr has the right to form The next federal government, however, made a mistake and missed the opportunity after the withdrawal of his bloc from Parliament and the political process.
This came in an interview conducted by French journalist and writer Georges Malbrunot, chief editor of the French newspaper "Le Figaro", with Al-Kazemi.
Al-Kazemi answered a question the newspaper asked him about the day of the bloody confrontations in the Green Zone, saying: Yes, we were on the brink of a civil war, but the government worked with all wisdom and measure so as not to be dragged into that, adding that it was the two parties’ bet that the government would be with a party, but I took The decision is not to be a party.
He added that within 24 hours of the raging conflict, I used all my capabilities and made all possible communications and gave clear, explicit and firm directions to the security forces to remove the specter of civil war, and I succeeded. This is my decision from the first day of the work of my government is not to be a party to any conflict, and to maintain moderation and balance. I firmly believe that we must move away from being drawn into violence.
And he was asked about the goal of the demonstrators on August 29 last as a result of the events in the Green Zone, Al-Kazemi said, on that day, there was chaos among all the parties involved. Both sides had decisions based on wrong data that dragged them into the arena of confrontation.
He noted that all parties tried to flex their muscles, and some parties tried to express their anger, but they made a mistake in choosing a way to express it, indicating that the beginnings were spontaneous, and we succeeded in removing the demonstrators from the government palace peacefully, and the demonstrators were determined to leave Parliament Also, however, things developed between the two parties suddenly and ended up between them in a dangerous armed confrontation. That is why I always stress the need to consolidate the values of democracy, adhere to the mechanisms of the modern civil state, and use the diplomacy of dialogue and understanding in accordance with the logic of the modern civil state.
And regarding the goal of the Sadrists, was it a coup or isolating leaders through confrontations with the Greens, Al-Kazemi said that there was no intention of a coup or anything like that at all. There was popular anger that was sometimes expressed in improper ways, and this was also accompanied by the unacceptable use of weapons and violence, and in the end both sides miscalculated and got involved in bloodshed.
He stated that the statements of a number of political leaders had also contributed to this, which created a dangerous escalation that contributed to igniting the fuse of violence between the two parties. In fact, there is a strong psychological war going on between the two sides, which the political leaders should be wary of.
He was asked about the fact that the Sadrists wanted early elections, and the Prime Minister said that not all political parties dealt wisely and rationally, and the reason was not to submit to the law. We have a very clear constitution, laws and constitutional timings, but unfortunately they have not been adhered to.
He explained that the reason is that the political forces do not believe in true democratic values, but rather believe in power and authority only. The values of democracy are new to the country, and therefore these values are alien to the political class and far from their behavior.
On the accusations against Al-Kazemi of allowing the Sadrists to enter the Green Zone, he replied: I did not allow them, but the security forces, under my direction, stood with full force before them, and our forces provided many wounded to prevent them from entering and storming state institutions.
However, he added: But the momentum of the demonstrators was great and the security forces were unable to stop them, and I had directed them not to use live bullets in all cases to prevent them from being drawn into violence, but some forces still believe in using dictatorial methods of violence and repression, and they want me to shoot live bullets at Citizens, this is unacceptable and completely contradicts my belief in democratic values, human rights and the civilized world.
With regard to Al-Sadr's stopping the bloody confrontation, the Iraqi Prime Minister stated that the pressures of various parties contributed to the matter. Scenes of bloodshed and victims as well, and the possible repercussions of this on the already tense Iraqi scene also led Al-Sadr to the decision to withdraw, and Al-Sadr himself blamed all parties, including his group, for the events.
On the necessity of early elections, Al-Kazemi said that everyone agrees on early elections. The recent elections, despite their high integrity, attested by the Security Council, the United Nations, the European Union, and other international organizations that participated in observing them, did not lead to the formation of a government due to the failure of the political forces to agree, and the scramble for power at the expense of the citizen and the movement to build the country. Therefore, as in all other parliamentary systems, there must be another election to resolve the political crisis.
Al-Kazemi called on all political parties to meet now and establish the mechanisms for conducting the elections, while providing the legal, administrative and financial requirements for holding the elections.
He stressed that the country urgently needs to agree on a new social contract, and to consolidate the culture of democratic values of respecting the constitution, its timing and the results of the elections and dealing with them rationally, away from duplicity in looking at it, as they accept its results when it leads to victory and reject that when it leads to a loss for them.
Regarding Al-Sadr’s victory in the elections and his right to form a government, Al-Kazemi pointed out that Al-Sadr had won the most seats in the recent elections, and of course he should have the opportunity to form a government, but at the same time, Al-Sadr must search for other partners to be able to form the government.
He also said that al-Sadr had also made a mistake in his decision to withdraw from Parliament, which gave his rivals the opportunity to fill his void and turn into the largest bloc in Parliament. All Iraqi political forces are still young on democratic values and are not good at the game of modern democratic politics.
Economist: It is necessary to convert small denominations of currency into coins
The economic expert, Saleh Al-Hamashi, stressed that it is necessary to convert the small denominations of currency into coins.
He told the National Iraqi News Agency ( NINA ) that one of the tasks of the Central Bank is monetary policy, liquidity, the existing currencies and the lack of liquidity and financial dealings with large and small categories, trying to find other middle categories to facilitate the sale process.
Al-Hamashi added: The problem is not with currencies, but rather with inflation and the monetary mass in the market. There is no economic and financial benefit from this decision, but there will be an additional currency.
And he called on the government to: print larger coins and convert small coins 250, 500 and 1000 into coins due to the large number of circulating them in order to preserve the cash mass in the market.
Al-Hamashi explained: It is not economically feasible to print a new currency, but rather it will be a redundant link in the monetary mass.
Independent Deputy: The quota agreement will soon proceed to form the next government
The independent representative, Yasser Al-Husseini, confirmed that the quota agreement will proceed soon to form the next government.
He told the National Iraqi News Agency ( NINA ) that according to the current data in the political arena, we expect the announcement of arrival to agree on the progress of the government formation process in the coming days.
Al-Husseini added: We do not rule out the occurrence of surprises for the purpose of consolidating the shares of the political components, which we fear will reflect on the upcoming government performance.
Politician: The patience of the political parties will not be long before the procrastination of the Kurds in the presidency of the Republic
Political analyst Haitham al-Khazali suggested not waiting for the political parties represented by the Shiite and Sunni houses regarding the Kurdish position regarding choosing a unified candidate for the presidency and presenting it to the House of Representatives in order to vote on it and proceed with the formation of the new government.
Al-Khazali said in a statement to "Al-Maalouma", that "the delay in the election of the president of the republic and the formation of the new government led by Muhammad Shiaa al-Sudani depends on the agreement of the two Kurdish wars, the National Union and the Democratic Party."
He added, "Shiite and Sunni political blocs are still waiting for what will be produced by the Kurdish consensus regarding the agreement to present a unified candidate between the two parties or a group of candidates, leaving the choice to Parliament."
And he indicated that "the waiting for the political parties will not be long, and it is likely that there will be a deadline for Kurdish consensus, and in the absence of an agreement, it will be possible to elect the President of the Republic in Parliament directly."
Iraq participates in an international exhibition in Greece
Today, Tuesday, the Iraqi Businessmen Union concluded its participation in the Athens International Exhibition of Modern Technologies, Plastics and Packaging Factories, which started its work on the 1st of this month, confirming its participation in another exhibition for food industries next month in the Greek capital, Athens.
A member of the administrative body of the union, Abdel-Hassan Azzouz, told the official agency, which was followed by (Al-Oula News): "The participation of the union, consisting of businessmen of various specializations, from members in this exhibition came to introduce the public to the Iraqi products manufactured by the private sector," stressing that "the Iraqi pavilion met public approval.”
He pointed out that "after the success of the union's participation in these exhibitions, several exhibitions will be held in the future, including the Food Industries Exhibition, which will be held in November - 2022 in the Greek capital, Athens.
Al-Monitor: Saleh's presence in Erbil is an important step towards easing tensions between Kurdish leaders
The American Al-Monitor website said that the presence of President Barham Salih in Erbil indicates the possibility of reaching an agreement between Kurdish leaders regarding the presidency.
Yesterday, Prime Minister Mustafa Al-Kadhimi met with Kurdish leaders as part of his campaign for national dialogue to end the political stalemate.
He held separate meetings with the President of the Kurdistan Democratic Party, Massoud Barzani, the President of the Kurdistan Regional Government, Nechirvan Barzani, and the Prime Minister of the Kurdistan Regional Government, Masrour Barzani.
Iraqi President Barham Salih accompanied the Prime Minister during his visit to Erbil, along with Bafel Talabani and other leaders of the Patriotic Union of Kurdistan.
And the report, which was followed by "Nass" (October 4, 2022), considered that "this is an important development in the reconciliation between the two Kurdish parties, as the two parties were unable to agree on a presidential candidate, the Kurdistan Democratic Party was rejecting a second term for President Saleh, and the Minister of Interior suggested a regional government." Kurdistan Reaper Ahmed for the position, while the Patriotic Union of Kurdistan insists on renewing Saleh's term.
He added, "Having Saleh in Erbil alongside the prime minister, after years of absence, is seen as an important step toward easing tensions. This is especially true given that the National Dialogue has been the focus of the prime minister's discussions with Kurdish leaders."
He pointed out that "Al-Kazemi initiated the national dialogue campaign a month ago, and two sessions have already been held with the participation of all Iraqi political forces (except for the leader of the Sadrist movement Muqtada al-Sadr), as well as the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennis-Plasschaert.
Messages exchanged
The report said, "The Sadrist media warns of a new wave of protests if the coordination framework tries to form a government without coordination with the Sadrist movement."
Informed sources were quoted as saying, "Messages exchanged between the two sides recently may lead to Al-Sadr's participation in the third round of the national dialogue that Al-Kazemi is preparing for."
Blackshart: If the is not approved, government spending will stop at the end of this year
Plasschaert before the Security Council: Political differences in Iraq have affected the citizens because it is not possible to predict their end
The UN Representative, Jenine Plasschaert, in Iraq, said in a speech before the UN Security Council, We have made calls to the leaders of Iraq to overcome their differences and stressed the need for calm and respect for the constitution.
She added that "the political class in Iraq is unable to resolve the crisis, and nothing justifies violence, and dialogue should be relied upon.
Regarding the October demonstrations, Plasschaert said, "More than 130 civilians and security forces were injured in the October commemoration demonstrations. The Iraqi security forces demonstrated restraint in the October commemoration demonstrations."
And she continued, "We support the national dialogue under the auspices of Prime Minister Mustafa Al-Kazemi, and all parties must participate in the dialogue, and it is necessary to refrain from any provocative statements, " noting that " the lack of confidence led to a lack of commitment to any tangible solutions, the bloodbath in Iraq still exists and the Iraqis have lost confidence. " country leaders.
And she considered that "forming an effective government is the first step out of the current crisis, and government spending will stop at the end of the year if the budget is not approved," explaining that "partisan interests distance national development in Iraq.
Plasschaert confirmed that "corruption is a major cause of the problem in Iraq, and that holding new elections in Iraq must be preceded by guarantees for their support from the international community," noting that "the political parties in Kurdistan have not reached common solutions about the elections in the region, and we are waiting for the Iraqi parties to fulfill their promises." .
On the other hand, she stressed the need to put an end to the Turkish and Iranian attacks in northern Iraq, noting that "the handing over of Kuwait's lost property to Iraq is a positive step, but it reiterated the importance of political stability in Iraq."
"The political differences in Iraq affected the citizens because their end could not be predicted, stressing support for the national dialogue under the auspices of Prime Minister Mustafa Al-Kazemi," Blackshart said at the UN Security Council session, which was followed by {Euphrates News}.
She noted that "calls were made to the leaders of Iraq to overcome their differences and the need for calm and respect for the constitution, noting that "nothing justifies violence and dialogue should be relied upon."
The United Nations representative touched on the October 1 demonstrations, saying: "The Iraqi security forces demonstrated restraint in the October commemoration demonstrations, and pointed out that" more than 130 civilians and security forces were wounded during the demonstrations.
She stressed that "Iraqi laws and legislation must be respected and that holding new elections in Iraq must be preceded by guarantees for their support from the international community, and noted that" UNAMI's call for help in holding new elections requires submitting a request to the Security Council.
"The Turkish and Iranian bombings have serious repercussions and must be put to an end," Blackshart said.
Rule of Law: The next 10 days will be critical
Member of the State of Law coalition, Wael Al-Rikabi, confirmed that during the next ten days, the second session of the House of Representatives will be held, in which agreement will be reached and the presidency of the Republic will be decided.
Al-Rikabi said in a press interview, "In the coming days, the second parliament session will be held, and the expected demonstrations on the 25th of this month will not constitute an obstacle to the parliament session."
He added that "all political blocs are continuing to conclude agreements and dialogues in order to calm the situation and prevent any chaos in the country."
Al-Rikabi indicated that "Muhammad Shiaa Al-Sudani will be assigned to head the new government in the same session in which the presidency of the republic will be decided
Sources for "Economy News": Foreign companies want to withdraw from Iraq due to the security tension
Informed sources revealed the desire of most foreign companies operating in Iraq to withdraw due to the blackmail they are subjected to by some armed groups, clans and others.
The sources told "Al-Iqtisad News", "Many foreign companies operating in the oil, construction, services and other sectors wish to withdraw from Iraq, as a result of the security tensions and extortion it has been exposed to for quite some time, which affected the quality of the project."
She stressed that "the government is unable to put an end to these behaviors, and to stop the blackmail, due to the influence of the blackmailers," noting that "the bombing that took place at the end of last August on Parliament and the war that lasted for more than 10 continuous hours made several companies refuse to enter Iraq." to work with."
She noted that "the continuation of the military reviews by non-governmental bodies led to the desire of several companies to withdraw, which will be announced during the coming period."
Parliamentary Finance is following up the implementation of the provisions of the Food Security Law and corruption files
Committee member Jamal Cougar told {Euphrates News} that "the committee will continue to follow up on the implementation of the provisions of the Food Security Law, as well as working on many files, but we need to activate the work of the House of Representatives more."
He added, "The state's financial resources and corruption files will be followed up," noting that "if the work of the Legislative Committee stops, its oversight role will be present."
On June 8, the House of Representatives approved about $18 billion within the Emergency Security Law for Food Security and Development to secure energy imports, finance important service projects, and finance the Social Welfare Fund.
Ministries and government institutions began spending in accordance with the provisions of the law
Chaos, devastation and attempts to sedition.. The dream of the "second term" burns the south
After all the crises that are concentrated in central and southern Iraq, some external parties and their internal tools are still working to create strife in order to aggravate the security and political situation in it, amid the silence of the current government, which is still leading the way in all the crises and events that occurred inside Iraq.
According to what happened yesterday in the province of Basra and Dhi Qar of intimidation faced by the people, in addition to the serious harm that the security forces were subjected to, these groups went out yesterday to burn government institutions, and attack citizens and security forces.
Al-Kazemi and chaos
A member of the political bureau of the Asa'ib Ahl al-Haq movement, Salam al-Jazairi, accuses Al-Kazemi's government and advisors of being behind the chaos in the country.
And he says in an interview with the "Information" agency, that "some of the prime minister's advisers are trying to restore chaos to prolong the life of the caretaker government in order to serve Al-Kazemi," noting that "Al-Kazemi and his government team are seeking by illegal methods to incite to ignite a new strife."
He adds, "Al-Kazemi is seeking a second term by spreading chaos so that the State Administration Alliance cannot form the new government headed by Muhammad Shia al-Sudani."
*International concern
On the other hand, UN Representative Jenin Plaschaert says during the UN Security Council session that was held earlier today, Tuesday, that: the recent demonstrations were not peaceful, warning that Iraq's security situation is still fragile.
She said in a briefing to the United Nations, which was followed by "The Information", that "nothing justifies violence in Iraq, and dialogue should be relied upon to end the current crisis," warning that "the armed clashes in Basra are evidence of the fragility of the security situation in Iraq."
* Burning the South
The leader of the Al-Fateh Alliance, Ali Hussein, confirms that the unruly groups that came out yesterday in Basra and Dhi Qar have paid the price and want to burn the south.
In an interview with Al-Maalouma, he says, "There are parties that want to inflame the situation in the southern governorates only and push loose groups to sabotage and burn state institutions," stressing that "the first person responsible for the violations and crises that are currently being updated is the current caretaker prime minister, Mustafa Al-Kazemi." ".
Hussein continues his speech, that "the groups that came out yesterday in Basra are being pushed by external and internal parties in order to threaten civil and societal peace," calling that "they must be confronted so as not to repeat the intimidation and sabotage that happened yesterday."
Al-Sadr thanks Plasschaert and warns the UN Security Council against Bahr al-Uloum
Today, Tuesday, the leader of the Sadrist movement, Muqtada al-Sadr, praised the briefing of the international representative, Jeanine Plaschaert, before the UN Security Council, warning the council against listening to the speech of the representative of Iraq, Muhammad Bahr al-Ulum, while he agreed to dialogue with the political blocs, provided that it is public.
Al-Sadr said in a tweet seen by Shafak News Agency, "I listened carefully to the session of the UN Security Council on Iraq. I have some comments on that: First: regarding the briefing of the United Nations representative, and it caught my attention in what she said: is that the main reason for what is happening in Iraq It is the corruption that everyone agrees on. Yes, this is very true and accurate, and the first step for gradual reform is the non-participation of the old faces, parties and people in the next government according to the aspirations of the reference and the aspirations of the rebellious people."
He added, "We agree to dialogue if it is public and in order to exclude all participants in the previous political and electoral processes and to hold the corrupt accountable under the cover of an impartial judiciary. We also look forward to the assistance of the United Nations in this regard: I mean reform, albeit gradually."
He continued, "I also support the words of the participants in the UN Security Council session regarding restraint, so I call for restraint and not to resort to violence and weapons from all parties, and to speedily punish the perpetrators without regard to their affiliations. In addition to what was raised about the problem of uncontrolled weapons outside The framework of the state, but the most important thing is that the uncontrolled weapons should not be within the framework of the state and its use against opponents and revolutionaries and in the consolidation of influence and the rooting of the deep state, especially since the current prime minister is subjected to enormous pressures in this regard even though he is the commander of the armed forces and the lack of response by some militants to him, even if they are within scope of the state.
He said, "We also commend the Security Council's support for Iraq regarding the bombings it is subjected to from here and there.. Hence, we call on the dear neighboring countries to respect Iraq's sovereignty and maintain its security and stability through diplomatic means or through dialogue. But I stand against the insistence of some members of the Security Council." To form the government in Iraq.. Many governments have been formed, but they have harmed the homeland and the people. The aspirations of the people are to form a government far from corruption, dependency, militias, and foreign interference in order to be an independent and stable government that serves its people, not the interests of its parties and sects. O members, Iraq is going through its worst period because of corruption and the dominance of its parties in power. Rather, they may support them.
He explained, "I advise the Security Council not to listen to the statement made by the permanent representative of Iraq in this session, whose speech was wrong in most of what it contained with great regret," calling on the United Nations representative to continue her neutral positions and not to take sides.
Al-Kazemi about the storming of a satellite channel in Baghdad: We directed the perpetrators to be held accountable
On Tuesday, Prime Minister Mustafa Al-Kazemi considered the attack on "Al-Rabaa" channel a reprehensible act and represented the highest level of transgression against the law and freedom of the press, directed to hold the perpetrators accountable.
Al-Kazemi said in a tweet seen by Shafak News Agency, "The attack on one of the Iraqi media outlets, and the threat to the lives of its workers, is a reprehensible act and represents the highest level of transgression against the law and freedom of the press and does not fall within the peaceful and legal practices and protests."
He added, "We directed that the perpetrators be held accountable, and that protection be tightened on press institutions."
And earlier today, Tuesday, a security source reported that a major general was injured as a result of protesters, supporters of the Sadrist movement, storming the building of a satellite channel in central Baghdad, against the background of what they described as "abuse" issued on a television program.
The source told Shafaq News Agency, "The Director of the Law Enforcement Forces, Major General Jawad Al-Daraji, was injured when the Sadrist protesters entered the Channel 4 building and prevented them from entering."
He added, "The Federal Police forces arrested one of the intruders with the protesters, who tried to steal devices and belongings belonging to the channel."
Dozens of Sadrists' supporters gathered this afternoon in front of the fourth channel building located in Al-Sina'a Street in the Karrada district in central Baghdad, and said that the channel's presenter, Mona Sami, "offended" the victims of the Mahdi Army (the military wing of the Sadrist movement).
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Upcoming demonstrations calling for the speedy formation of the government
Al-Tamimi: Iraq is still an occupied country and is subject to Chapter VII according to Security Council resolutions
The legal expert, Ali Al-Tamimi, confirmed that there are many Security Council resolutions that are still applicable to Iraq, including those related to the legalization of the American occupation, as well as its submission to Chapter VII.
Al-Tamimi told Al-Maalouma, "The United Nations Mission in Iraq was established by Security Council Resolution 1500 on August 14, 2003, and based on Security Council Resolution No. 1483 in 2003, which considered Iraq an occupied country, since that date and until now, the Security Council has issued more than 20 resolutions for the mandate of the United Nations over Iraq, the latest of which is the aforementioned resolution.
He added that "Iraq is still subject to Chapter VII of the Charter and that the issuance of Resolution 2621 relates exclusively to the closure of the Iraqi compensation file to Kuwait and not to Iraq's exit from Chapter VII completely due to the existence of issues other than the compensation file, in addition to the fact that there are many Security Council resolutions that are still in force. It has not been repealed, including Resolution 1483 of 2003, which legitimized the US occupation of Iraq and kept military sanctions and the recognition of that by the 15 member states of the Security Council. Several resolutions were issued that are still valid, including Resolution 1511 of 2003 and Resolution 1546.
And he indicated that "Iraq is still under Chapter VII, and the UN resolutions issued by the Security Council since 1991 and the resolutions issued since 2003 until now have not been canceled or amended. That is why the mandate of the United Nations came with its decisions amounting to more than twenty resolutions since 2003 and until the aforementioned resolution 2631 for 2022 was issued. On extending the mandate until May 31, 2023, believing that this mandate contradicts the provisions of Article 2/7 of the Charter of the United Nations (there is nothing in this Charter that justifies the United Nations to interfere in internal affairs that are at the heart of the internal jurisdiction of a state.”
He pointed out that "Iraq has become subject to the trusteeship system contained in Chapter Twelve of the Charter, Article 75 and beyond, which aims to consolidate peace and security and work to promote the people of the regions in political and economic matters, education and encouragement of respect for human rights. These principles are fully consistent with Security Council resolutions The mandate of the United Nations over Iraq referred to, since 2003 until now, and the goals that led to its issuance."
The central bank seeks to shift to financial inclusion
The Central Bank announced, on Wednesday, its quest to shift to financial inclusion and improve the level of banking service, after adopting modern payment systems.
The bank's advisor, Ihsan Shamran Al-Yasiri, said in a statement to the official newspaper, which was reviewed by "The Information", that "the currently in force payments system is one of the best in the world, as we adopt the latest scientific inventions in this field," noting that "payment systems have been built. Excellent, and we are constantly working on developing payment tools.”
Al-Yasiri added, "Our goal at the current stage is to urge different groups of society and institutions to deal with payment tools and get rid of the use of money, which leads to many problems in dealing, including currency damage and the possibility of counterfeiting."
He continued, "Among the strategic plans of the bank is the transition to financial inclusion and the delivery of banking service to the farthest geographical point in order to replace all segments of society with direct cash transactions with payment tools."
Al-Yasiri explained, "We need to combine all efforts and encourage a culture of adopting payment systems to get rid of the habit of carrying paper money," noting that "we started with government agencies to work on collecting their dues in this way, and then it must be used in markets and malls, and so on until it is common among the public. citizens".
Saleh Muhammad al-Iraqi identifies three paths to publish the instructions to the Sadrists: Boycott everything else
The so-called "Sadr Minister" Saleh Muhammad al-Iraqi identified, on Wednesday, three newspapers that he said have the right to publish directives and instructions to followers of the movement.
According to a statement by al-Iraqi, the pages are, Muqtada al-Sadr’s Twitter page, the page of al-Sadr’s office, in addition to the leader’s minister and Musleh Muhammad al-Iraqi, where he indicated to be careful in that only.
Al-Iraqi added that "everything other than it either does not represent the movement as an official page, but rather expresses its own and personal orientations, or they are harmful pages and incitement to violence and strife. Sadr’s reputation and degenerate style in its publications and hostile many countries and regions with great regret, we draw your attention, even if the owners of these pages claim to belong to us, they should close those public or even personal pages, under the direct direction of His Eminence.
More than 160 trillion dinars deposits and credits in Iraqi banks during the first half of 2022
The Association of Iraqi Private Banks revealed, on Wednesday, the financial statements of the Iraqi banking sector during the first half of this year.
The Executive Director of the Association of Private Banks, Ali Tariq, said in a press statement today, that the first half of this year witnessed a growth in the banking sector, due to the strategy of the Central Bank that enhanced the public's confidence in the banking sector, in addition to the development initiatives launched to support the national economy.
He added that the rise in financial data is one of the main factors for developing the economy, employing manpower, and increasing the percentage of financial inclusion.
He stressed that the credit granted to the public during the first half amounted to 3.7 trillion dinars, bringing the total credit to 57.3 trillion dinars, with a growth rate of 7% from last year, while deposits increased by 8.3 trillion dinars, bringing the total deposits in the banking sector to 106.4 trillion dinars, with a growth rate of 8%.
He stressed that assets grew during the first half of this year by 9% to reach 164.1 trillion dinars, an increase of 13.7 trillion dinars, noting that the pledge credit amounted to 33 trillion dinars, an increase of 5.8 trillion dinars, which is the highest growth rate in indicators of 21%.
The framework gives the Kurds 10 days to agree on the presidency
A member of the coordination framework, Abbas Al-Amiri, revealed, on Wednesday, that the forces were given 10 days to agree on one candidate for the Kurdish presidency.
Member of the framework, Abbas Al-Amiri, said in a statement to the official newspaper, which was seen by Al-Maalouma, that "after the last meeting of the political forces, the framework gave the Kurdish component ten days to agree on one candidate for the presidency."
He explained that "either the two main Kurdish parties agree, or each one will go with his candidate and put him in the national space under the dome of Parliament and vote on it.
Al-Amiri added, "The process of opening up to the Sadrist movement is not currently included in the adoptions of the coordination framework, given that Mr. Sadr withdrew his deputies from Parliament and then went outside the entire political process."
Al-Fateh leader: Al-Sadr's conditions for dialogue are unrealistic
The leader of the Al-Fateh Alliance, Ali Hussein Al-Fatlawi, considered, on Wednesday, Muqtada Al-Sadr's acceptance of conditional dialogue as unrealistic, indicating that Mr. Al-Sadr's condition that there should be no traditional parties and people is an exclusionary language and is not possible.
Al-Fatlawi said in a statement to "Al-Maalouma", "The tweet of the leader of the Sadrist movement, Muqtada al-Sadr, in which he expressed his acceptance to sit at the dialogue table came with impossible and unrealistic conditions."
He added, "One of the postulates of any dialogue is to sit without preconditions, but Mr. Al-Sadr's condition is contrary to reality, as he asked not to dialogue with traditional parties and political figures," noting that "the language of the tweet was exclusionary and not feasible, since his dialogue will be with whom?”
Al-Sadr had finished writing a tweet regarding the overthrow of the UN envoy, Jenin Plaschaert, to the UN Security Council, in which he affirmed his readiness for public dialogue, a step that observers saw as an end to the political retirement announced by Al -Sadr.
Iraq.. Muqtada al-Sadr agrees to resume the national dialogue under the auspices of Al-Kazemi
The leader of the Sadrist movement in Iraq , Muqtada al-Sadr , expressed his agreement to resume dialogue with the forces of the coordination framework, and his support for the national dialogue initiative under the auspices of Iraqi Prime Minister Mustafa Al-Kazemi.
Muqtada al-Sadr set many conditions for this, including that the dialogue be public in order to exclude all participants in the previous political and electoral processes and to hold the corrupt accountable under the supervision of the honest judiciary.
And the Iraqi News Agency, "conscious", quoted a tweet by Al-Sadr, in which he expressed his aspiration to help the United Nations in this regard, and also expressed his support for the words of the participants in the UN Security Council session of self-restraint and not to resort to violence and weapons from all parties, and to expedite the punishment of the perpetrators without Consider their affiliations
Iraqi Prime Minister Mustafa Al-Kazemi renewed his call for all political forces in Iraq on more than one occasion for the continuation of political and constructive dialogue.
Al-Kazemi also directed the security forces to follow up on the perpetrators of the missile bombing of the Green Zone, while noting that the security situation is a reflection of the political situation.
The Media Office of the Prime Minister said in a statement received by the Iraqi News Agency (INA), that "the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, directed the security forces to follow up and arrest the perpetrators of the missile bombing of the Green Zone."
Al-Kazemi stressed, according to the statement, "the need for the security forces to abide by their duties in protecting state institutions, public and private properties,
and peaceful demonstrators," calling on "demonstrators to adhere to peacefulness, and to the directives of the security forces about places to demonstrate."
He added that "the current security situation is a reflection of the political situation," reiterating the call for "dialogue between all the forces dealing with political affairs, to get out of the current crisis, support the state and its institutions to carry out their tasks, spare citizens the consequences of political conflicts, maintain security, and reject any prejudice to social peace." .
He stressed, "the need for continued cooperation and coordination between the authorities."
Independent politician: Plasschaert's briefing cannot give the international community the right to interfere in our internal affairs
Independent politician Nasseem Abdullah stressed that briefing the UN representative in Iraq, Jenin Plasschaert, in the Security Council cannot give the international community the right to interfere in the internal affairs of Iraq and support one party at the expense of another, pointing out that the political parties are the ones who decide matters, not the international community.
Abdullah told Al-Maalouma, "The international community's support for a certain political party is considered interference in the internal affairs of Iraq, especially since the political scene has become very complicated when the threads of intervention appeared by choosing the prime minister and the map for the next stage."
He added that “the will of the political blocs will decide matters, as the past period will witness the emergence of a political alliance with international support and pressure, but some blocs rejected this intervention, and as a result, the will of the blocs will be present."
And he indicated that "Blaschart's talk about Iraq in the Security Council does not give these international institutions the right to interfere in the internal affairs, although Iraq is still under the authority of Chapter VII, but this matter does not give the United Nations the right to advocate for one party at the expense of another."
The Minister of Planning discusses the World Bank's support for human development projects
The Minister of Planning, Khaled Battal Al-Najm, discussed with the Regional Director of the World Bank, John Christophe Carré, mechanisms to support human capital in Iraq.
A statement by the Ministry of Planning, received by Mawazine News, stated, "The Minister of Planning, Dr. Khaled Batal Al-Najm, received the Regional Director of the World Bank, John Christophe Carré, and his accompanying delegation, which included the Special Representative of the World Bank in Iraq, Richard Abdel Nour, and the Director of Operations, Ms. Lamia Ayoub, and during the meeting, which was attended by the Undersecretary of the Ministry, Dr. Maher Hammad Johan, and the Director General of Cooperation, Dr. Saher Abdel-Kazim, they discussed a number of common issues and files, and mechanisms for enhancing cooperation between the two sides in various fields.
He added, "The meeting witnessed a discussion of the projects of the Social Fund for Development linked to the Ministry of Planning, as well as a review of projects related to the Reconstruction and Recovery Fund.
The Minister called on the World Bank to expedite procedures and raise the pace of implementation of service projects within the two funds referred to, because of its importance in providing services to citizens.
The statement continued, "The two parties also discussed, during the meeting, mechanisms to support human capital in Iraq by benefiting from the World Bank's support for human development projects, and they also discussed the effects of climate change on food security in Iraq, and the measures taken by the Iraqi government to confront these repercussions."
Deputy: Parliament session will be held at the end of next week
The deputy of the State of Law coalition, Muhammad Al-Shammari, confirmed, on Wednesday, that the coordinating framework informed the two Kurdish parties (Party and Yekti) of the need to expedite the resolution of the presidential candidate to proceed with the formation of the government, suggesting that the presidential election session will be held at the end of next week.
Al-Shammari said in a statement to "Al-Maalouma", that "the coordinating framework urged the two Kurdish parties to expedite agreement on their candidate for the presidency through an official notification," noting that "in the event that no agreement is reached Within two weeks, the framework will request a session to elect the president of the republic.” Whether the two parties agreed or not.
He added that "the coordinating framework, as the largest bloc, has accomplished its task by nominating Al-Sudani for the position of prime minister," adding that "the session to elect the president of the republic will be held at the end of the next week."
A member of the coordination framework, Abbas Al-Amiri, had revealed earlier, that the forces had been given 10 days to agree on one candidate for the Kurdish presidency.
Al-Kazemi’s advisor responds to Blackshart’s statement: Speech based on diligence
Salih told Al Furat News that: “Blaschart’s speech is based on an unresolved jurisprudence that has been going on between those concerned for some time regarding the possibility of repeating the application of Article 13 of the amended Financial Management Law No. 6 of 2019, which means by disbursing 1/12 of the total actual current expenditure achieved in the year the previous fiscal year, and for fear of entering the country in the year 2023.”
He explained, "The lack of a general budget in 2023 on which to base the application of the exchange rule 1/12, as the question arises whether the disbursement will continue with this mechanism out of the total actual current expenditures achieved in the year 2022, which is free of the budget."
Saleh added, "The answer is that the country's supreme national necessities do not allow the state to stop its ongoing contractual expenses that belong to 9 million Iraqi citizens of employees, retirees and social welfare, as well as expenditures related to the state's basic activity in health, education, security, defense, basic services, law enforcement and law enforcement."
He continued, "It is illogical for public expenditures to stop due to vague interpretations, and even if it is necessary that the Federal Court intervene in an interpretation that is aimed at managing the higher national interests and in a manner that guarantees the safety of the country's national security."
The United Nations representative in Iraq, Jenin Plasschaert, confirmed on Tuesday that government spending will stop at the end of the year if the budget is not approved.
In her briefing before the UN Security Council on the situation in Iraq, Plasschaert said that partisan interests distance national development in Iraq and that corruption is a major cause of the problem in Iraq, and stressed that government spending will stop at the end of the year if the budget is not approved.
Sources for "Economy News": Foreign companies want to withdraw from Iraq due to the security tension
Informed sources revealed the desire of most foreign companies operating in Iraq to withdraw due to the blackmail they are subjected to by some armed groups, clans and others.
The sources told "Al-Iqtisad News", "Many foreign companies operating in the oil, construction, services and other sectors wish to withdraw from Iraq, as a result of the security tensions and extortion it has been exposed to for quite some time, which affected the quality of the project."
She stressed that "the government is unable to put an end to these behaviors, and to stop the blackmail, due to the influence of the blackmailers," noting that "the bombing that took place at the end of last August on Parliament and the war that lasted for more than 10 continuous hours made several companies refuse to enter Iraq." to work with."
She noted that "the continuation of the military reviews by non-governmental bodies led to the desire of several companies to withdraw, which will be announced during the coming period."
A deputy calls on the Sudanese to implement his economic reform program
The deputy of the Sadiqoun parliamentary bloc, Zainab Juma'a Al-Moussawi, stressed today, Wednesday, the need for Mr. Muhammad Shia Al-Sudani to change the exchange rate of the Iraqi dinar against the US dollar.
Al-Moussawi said in a statement received by Mawazine News, a copy of it, that "the candidate for the coordination framework for the presidency of the Iraqi government, Muhammad Shia Al-Sudani, must proceed with the implementation of the reform economic policy that he intends to implement when he heads the government, which is very soon."
The statement added that "one of the steps of economic reforms in Iraq is to restore the exchange rate of the Iraqi dinar against the US dollar from 1450 dinars to 1180 dinars for 1 dollar."
He pointed out that "the change in the Iraqi currency exchange rate led to economic and financial damage in Iraq and a deterioration in the state of the local market."
And he indicated that "reducing the exchange rate of the Iraqi dinar will lead to a decrease in the prices of real estate, food, consumer and construction materials, and cause stability in the local market."
Al-Sudani’s candidacy will be presented before Al-Sadr in AlHanana, and Al-Kazemi is close to bidding farewell to the position - Urgent
The representative of the Kurdistan Democratic Party, Majid Shankali, revealed, on Tuesday, the intention of the delegation of the State Administration Coalition to put forward the name of Muhammad Shia Al-Sudani as an official candidate during his meeting with the leader of the Sadrist movement, Muqtada Al-Sadr, indicating that ".Al-Kazemi's chances in the second term have become "almost non-existent
Shankali said in an interview with (Baghdad Today) that "the chances of the caretaker prime minister, Mustafa Al-Kazemi, to obtain the second term are not great, ".even if Muhammad Shia'a Al-Sudani is not assigned He continued, "The position is part of the coordination framework, and in the event that Al-Sudani is replaced, new names will be presented, but Al-Kazemi is not among ".them He added that "the name of Muhammad Shia al-Sudani will be discussed with the leader of the Sadrist movement, Muqtada al-Sadr, when they meet with him within " the delegation of the State Administration in the coming days," stressing that
Will the framework resort to counter-demonstrations aimed at ?putting pressure on forming a government
Today, Wednesday, Representative of the State of Law coalition, Muhammad Chihod, revealed the fact that there is a tendency in the coordination framework to mobilize demonstrations with the aim of .pressing towards forming a government Chihod told (Baghdad Today), "The coordinating framework does not need to ".mobilize demonstrations, because the issue is the issue of Parliament
He added, "The framework and other forces have what they can number to hold a session to choose the president of the republic, which should have a quorum of 220 deputies, as this matter is not a problem, but the problem is that more dialogues ".must take place with all political blocs for the purpose of reaching full consensus Chihod added that "if all dialogue methods with some political blocs have been exhausted, there is no choice but to hold the parliament session and proceed with the formation of the government and the completion of the constitutional ".entitlements
Iraq faces a possible international tutelage.. A Sunni leader warns of the repercussions of Blackshart's briefing
The leader of the United Party, Atheel Al-Nujaifi, warned today, Wednesday, against the issuance of a resolution on the international wills for Iraq, after briefing the UN Special Representative, Jenin Plasschaert, at .the UN Security Council Al-Nujaifi told (Baghdad Today), "The briefing of the UN Special Representative, Jenin Plasschaert at the UN Security Council, is considered a warning or a prelude to the issuance of a resolution of international wills on Iraq, especially since the international community cares more if the expected turmoil in Iraq will be reflected on the outside and threaten The security of the region or the international economic ".situation, especially the continued flow of Iraqi oil to the world
He added, "The international community will not interfere if turmoil occurs inside Iraq, but it will intervene if the turmoil threatens the security of the region or the world's economy. Certainly, the potential intervention is only political and economic, ". and there will be no military intervention The briefing of the United Nations representative in Iraq, Jenin Blaskharat, before the UN Security Council, yesterday, Tuesday, said that differences prevail over the language of dialogue in Iraq, noting that the southern governorates are witnessing armed skirmishes and the political class is .unable to resolve the crisis
In her briefing to the Security Council on the situation in Iraq and the work of the United Nations Assistance Mission for Iraq (UNAMI), Plasschaert said that "over the past twelve months, discord and the political influence game has taken priority over a sense of common duty, and actors along the political spectrum have left the country." In a long-term stalemate, the Iraqis were held hostage to an unpredictable ".and intolerable situation, turning into armed clashes
There is no justification for violence. With the still very real risk of further strife and" bloodshed, we can only reiterate the importance of keeping any protest away from ".violence. All parties must act responsibly in times of heightened tension For the dialogue to come to fruition, it is very important that all parties participate in" it. There are solutions. But only if there is a willingness to reach compromises. In the end, it all comes down to political will. All leaders must take responsibility," she added. She said, "The disappointment of the people has reached the sky. Many Iraqis have lost confidence in the ability of the political class in Iraq to work for the benefit of the country and its people. Continuing failure to address this loss of confidence ".will only exacerbate Iraq's problems She pointed out that "the political system and the system of governance in Iraq ignore the needs of the Iraqi people. The rampant corruption represents a major root cause of dysfunction in Iraq. No leader can claim that he is protected from it. ".Keeping the system "as is" will rebound with negative results
Upcoming demonstrations calling for the speedy formation of the government
The Preparatory Committee for the Mass Movement announced, on Wednesday 10/05/2022, the start of preparations for organizing a demonstration to pressure the political parties to expedite the formation of the new government with full powers.
A statement by the committee stated that the demonstration aims to end chaos and lawlessness, hold the spoilers accountable, complete the next year's budget, reduce the cost of living and the risks of the upcoming economic crisis, and expedite the election of the president of the republic and assigning the candidate to head the government.
She said that the time and place of the demonstrations will be announced later.
The coordination framework sets a time limit soon for the formation of the Iraqi government
The coordination framework affirmed, on Wednesday, its insistence on proceeding with the formation of the new federal government before the end of this October, while continuing the dialogue with the Iraqi political forces in this field.
The deputy of the framework, Gharib Askar, told Shafaq News Agency, "The coordination framework continues with dialogue with the political forces to form the new government," noting that "the coming days will witness a radical solution by sitting at the dialogue table to resolve the political crisis."
He added that "Parliament will resume its sessions next week, but the session for electing the President of the Republic is not scheduled," noting that "the new government will be formed before the end of this month."
The political scene in Iraq has been going through a dangerous turn since supporters of the Sadrist movement led by prominent Shiite cleric Muqtada al-Sadr stormed the parliament building in the fortified Green Zone in central Baghdad, and staged a sit-in in protest against Al-Sudani's nomination for the position of head of the next federal government
The Sadrist bloc had obtained the highest votes in the early legislative elections that took place in October of 2021, but the efforts of the leader of the current failed to form the new federal government due to the Shiite coordination framework standing in its way by obtaining a fatwa from the Federal Court with the so-called blocking third in a contract The session for electing the President of the Republic, which paves the way for naming the Prime Minister.
The three-way alliance between the Kurdistan Democratic Party led by Masoud Barzani, the Sovereignty Alliance headed by Khamis al-Khanjar, and the Sadrist movement led by Muqtada al-Sadr was broken following the resignation of the Sadrist bloc's deputies, and the movement's withdrawal from the political process by order of al-Sadr.
The political scene is living in a crisis situation and a dead end unprecedented in the history of Iraq, as more than a full year has passed since the early elections without being able to form a new government in the country, and the caretaker government headed by Mustafa Al-Kazemi remains.
On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure.
As soon as the preliminary results of the elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.
The Governor of the Central Bank Under the Dome of Parliament )(Document
The First Deputy Speaker of the House of Representatives, Mr. Mohsen Al-Mandalawi, is directed .to host the Governor of the Central Bank to discuss several matters related to financial policy . Follow
good greeting .
Sons..a possible e expected 25th
We confirm the content of the letter of the Parliamentary Finance Committee No. (182) dated 2/10/2022 (accompanying a copy of it is a link about your hosting to the committee on Sunday 9/10/2022).
At (12:00) noon to discuss the topics mentioned in the committee’s letter above.
Thank you for your cooperation with us in the public interest..with appreciation.
OPEC +” agrees to reduce production by two million barrels per day
Media reported, citing informed sources, that the "OPEC +" group agreed in its meeting today, Wednesday, to reduce the group's production by two million barrels per day.
Sources told Reuters today, Wednesday, that the “OPEC +” group decided to reduce oil production by two million barrels per day, starting from next November, in a move aimed at supporting prices that witnessed in the third quarter the first quarterly loss in two years.
The significant cuts approved by the “OPEC +” group came despite pressure from the United States and other consuming countries to pump more oil into a market already suffering from tight supplies.
Reports indicate that the "OPEC +" reduction will lead to a recovery in oil prices, which fell to about $90, after they were $120 three months ago, due to fears of a global economic recession, raising US interest rates and a rise in the dollar.
Expert: This is Iraq's share of the OPEC production cut
The economist, Nabil Al-Marsoumi, determined, on Wednesday, the number of barrels of oil that Iraq will lose due to the recent OPEC Plus decision to reduce crude production.
Al-Marsoumi said in a post on his Facebook page, which was seen by /the information/, that “OPEC has taken a shocking and dangerous decision to reduce its production by two million barrels per day, starting from the current month of November, which is a very large and unexpected reduction that will push oil prices again to the level of $100 per barrel.” ".
He added, "The United States will respond to this decision by additional withdrawal from the American strategic stockpile."
He explained that "the shares of the members' reductions have not yet appeared, but according to the previous criteria, Iraq's share of the reduction will be 240 thousand barrels per day, which means a decrease in Iraq's production share from 4.651 million barrels to 4.411 million barrels per day.
Independent politician: The formation of the new government will take place this month
Independent politician Mahmoud El-Hayani confirmed today, Wednesday, that the new government will be formed this month with all its legal and constitutional details.
In an interview with Al-Information, Al-Hayani said, "The two Kurdish parties will not delay in agreeing on a compromise candidate for the post of President of the Republic, on which the current situation depends."
He added, "There is a great international consensus supporting the formation of the new government in accordance with the constitutional obligations to end the dangerous political blockage that Iraq is facing now."
He continued, "The end of the current year will stop financial spending, and this is a major problem that the UN Security Council alerted to during its session held yesterday, and to avoid confronting it by proceeding with the formation of a full-fledged government."
The UN representative to Iraq, Jenin Plaschaert, had said yesterday during the international security session that "forming the government represents the first step out of the current political crisis," warning "of stopping government spending in Iraq in 2023 in the event that the country's budget is not approved."
An economist explains the effects of OPEC Plus decisions on Iraq
The economic expert, Saleh Al-Hashemi, confirmed, today, Wednesday, that “the decision of the Organization of the Petroleum Exporting Countries to reduce oil production and export will not affect the Iraqi economy.
Al-Hashemi said in an interview with "Information", that "after the decisions of OPEC Plus to reduce global oil production, it will contribute to the rise in oil prices, which will benefit Iraq from the rise that will occur."
He added, "The difference in price increases will compensate for the reduction amounts that were approved earlier today."
And he continued, "Iraq will not abide by the new decisions and there are previous contracts that must be applied, especially with the Russian-Ukrainian war."
He pointed out that "Iraq now has a very large financial surplus, and the reduction will not affect financial revenues or the reality of the current Iraqi economy."
The Joint Ministerial Committee of the Organization of the Petroleum Exporting Countries and its allies, OPEC +, decided after its meeting earlier today, Wednesday, to reduce oil production during the month of November by 2 million barrels per day, and this is the second reduction in a row, and it is the largest reduction in oil production approved by the organization since March 2020, as the widespread shutdown prompted OPEC+ to drastically cut production.
The dollar exchange rate.. The Finance Committee reveals the agenda of hosting the central governor - urgent
The Parliamentary Finance Committee set, today, Wednesday, its agenda during hosting the Governor .of the Central Bank next Sunday, including setting the dollar exchange rate and the cash reserve Committee member Muhammad Nouri said in an interview with (Baghdad Today), that "the committee's agenda during hosting Central Bank Governor Mustafa Ghaleb next Sunday includes discussing the financial surplus and cash reserves and transferring funds to the rest of the ".ministries
He added, "The table did not include the text of the topics that will be presented to the governor, the issue of the exchange rate, but as long as it is a popular demand and concerns citizens, we will raise the issue and we will know through it the possibility of returning the exchange rate to its previous era," noting that "he will adopt adding the point and raising the issue as long as there are popular ".demands to restore the exchange." than it was before Next Sunday, Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, set a date to host the Governor of the Central Bank, Mustafa Ghaleb Mokhief, in the Parliamentary Finance .Committee
A bank statement stated that "during the meeting, they discussed the continuation of bilateral cooperation, the promotion of financial inclusion and the various projects to reform the banking sector, especially government banks."
The governor reviewed "the efforts of the Central Bank of Iraq in combating money laundering and terrorist financing, and the development projects launched by the bank to move the wheel of the Iraqi economy.
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