The Central Bank of Iraq: The inflation rate is controlled and we are not thinking about changing the exchange rate
For the first time, local bank deposits with the Central Bank of Iraq exceed 40 trillion dinars
Today, Saturday, the economist, Manar Al-Obaidi, revealed that local banks’ deposits with the .Central Bank have exceeded the 40 trillion dinars barrier for the first time Al-Obaidi said, in a Facebook post, which I followed (Baghdad Today), that “ for the first time, local banks’ deposits with the Central Bank of Iraq exceed the 40 trillion dinars barrier, and represent 22.5% of the total liabilities of the Central Bank, with an annual growth rate ." of 36.5% compared to last year He added, "In contrast, the value of the issued currency remained within the barrier of 82 trillion dinars, representing 47% of the total liabilities of the Central Bank, with an annual growth rate of 9.7% compared to the same period last year, and then deposits of government institutions, amounting to 21 trillion Iraqi dinars, which represents 12% of the total liabilities of the Central Bank of Iraq, with a growth rate of 420 percent compared to .the same period last year
Al-Obeidi explained, "The rise in local banks' deposits with the Central Bank and their exceeding the barrier of 40 trillion dinars indicates the improvement in the level of financial inclusion in Iraq, which contributed to increasing the assets of monetary banks and depositing them with the Central Bank," noting that "this illustrates the success of the Central Bank of Iraq's policy in The financial inclusion strategy, which contributed to the .arrival of local bank deposits with the Central Bank of Iraq to this level And he continued, " The total assets of the Central Bank of Iraq until the end of the month ".of 8 amounted to 178 trillion Iraqi dinars He pointed out that "the assets with the Central Bank were distributed between securities worth 68 trillion dinars and dues to the Ministry of Finance worth 44 trillion dinars , as well as gold and now reserves worth 27 trillion dinars , in addition to deposits with central and
foreign banks worth 27 trillion Iraqi dinars , While there are loans to finance small and ." medium enterprises worth 9 trillion dinars Iraqi He pointed out that "this is the first time in the history of the Central Bank of Iraq that its assets reach the barrier of 180 trillion Iraqi dinars, and it is expected that the barrier of financing loans for small and medium projects until the end of the year will exceed the ".barrier of 12 trillion Iraqi dinars
Including social security and civil service.. 120 laws on the shelves of Parliament
Chairman of the Legal Committee in the House of Representatives, Muhammad Anouz, revealed today, Saturday, the existence of about 120 laws carried over since the previous parliamentary session.
In an interview with the official "Al-Sabah" newspaper, which was followed by Mawazine News, Anouz said that "the most prominent of these laws are the civil service, social security, what is related to people of determination, domestic violence, in addition to the organizational aspects of the ministries and the Council of Ministers, as well as canceling and amending many of the laws. Decisions related to the dissolved Revolutionary Command Council.
Anouz called for "intensifying the parliament's work and increasing the number of sessions, given the delay that occurred outside its control, which necessitates that more than one session be held in one week, because the country needs many legislation," adding that "it is unreasonable to continue to influence the country's legislation and disrupt the country's legislation. interests of the citizens.
And Anouz added, "Iraq is not a European country so that its parliament is satisfied with one session per week," noting that "Iraq is the first country to legislate laws, while its legislative laws are weak and reconsidered."
The Economic Contact Group renews its commitment to support the Iraqi government in facing challenges
The Economic Contact Group of Iraq confirmed, on Saturday, its commitment to support the government to face economic and social challenges, while identifying the most important points that help in the economic advancement of the country.
The Iraq Economic Contact Group stated in a joint statement that "the United Kingdom and Japan co-hosted a meeting on economic reform and climate action in Iraq, at the annual meetings of the International Monetary Fund and the World Bank Group."
She added that "the Iraq Economic Contact Group met in Washington, DC, with representatives from Iraq."
And she continued: "The representatives from Iraq, the World Bank, the International Monetary Fund, and the Group of Seven discussed economic challenges and opportunities in Iraq, and the need for broad-based economic reform."
She noted that, "Despite the progress that has been made under the current government and in the midst of difficult conditions, Iraq continues to face enormous medium and long-term economic difficulties, exacerbated by the negative effects of climate change - including water scarcity, desertification, drought, high Temperatures".
For its part, the Economic Contact Group for Iraq is working to "encourage the Iraqi government to present an ambitious plan for economic reform and to take decisive climate action."
The contact group stressed that "the reform and recovery of the Iraqi economy, the consolidation of democracy in the country, and the increased participation of women and girls in all aspects of economic and political life, are all essential factors for enhancing stability not only in Iraq, but also in the region."
He pointed out that "the diversification of the economy and building a dynamic private sector that includes everyone to complement the fossil fuel sector, which leads to strengthening the resilience of the overall economy and providing opportunities and livelihoods for the Iraqi people, and this requires reforms that will improve the business environment, modernize the financial sector, and enhance the stability of the overall economy and financial management." public sector, combating corruption, and thus stimulating growth and laying the necessary building blocks for the prosperity of the private sector.
He explained that "prudently investing Iraq's oil revenues - through good governance, effective financial management and transparency - will be important to rebuilding climate-resilient infrastructure, improving basic services, and laying the foundations for sustainable growth."
The Iraq Economic Contact Group affirmed its commitment to support the Government of Iraq to face the important economic and social challenges in Iraq.
The framework sets the date for Al-Sudani to announce his program and cabinet
The deputy of the coordination framework, Muhammad Hassan, confirmed, on Saturday, that the completion of the selection of the cabinet ministers of Muhammad Shia Al-Sudani and the presentation of his government program will not exceed two weeks from now, indicating that Al-Sudani moved intensively before being officially assigned with the political forces.
Hassan said in a statement to "Information", that "the early announcement of the coordination framework for his candidate for prime minister, Muhammad Shiaa Al-Sudani, gave the latter an opportunity to move on the political forces to present his government program and present his vision regarding his acceptance of the candidates of the political forces for ministerial seats, which is a good thing that has reduced the time it will take." Interview and selection of the cabinet.
He added that "the political forces dealt with Al-Sudani during his talks before he was officially assigned by the President of the Republic as if he was officially charged," adding that "the selection of the Sudanese cabinet ministers will be completed and the presentation of his government program will not exceed two weeks from now."
It is noteworthy that the President of the Republic, Abdul Latif Rashid, has assigned the candidate of the largest bloc, Muhammad Shiaa Al-Sudani, to form the next government.
The Central Bank publishes interest rates on loans and deposits for government banks
The Central Bank has published the interest rates granted by government banks on fixed deposits, and the interest due on credit (loans).
The Central Bank explained in its publication on its website, that "the interest rates granted by government banks, in Iraqi dinars, differ from those granted by private banks."
And he indicated that "the interest rate granted on the fixed deposits of the Rafidain Bank in Iraqi dinars ranges between 4 percent to 6 percent, while the interest rate on credit (loans) ranges between 9 to 11 percent, while its rate at Al-Rasheed Bank, on fixed deposits, ranges between 3.5 percent and 6.5 percent, and on loans between 10 and 12 percent.”
He explained, "The interest of the Trade Bank of Iraq granted on fixed deposits ranges between 3 to 3.75 percent, while the interest rate on credit (loans) is 10 percent."
He continued, "As for the interest on fixed deposits granted by the Industrial Bank, it ranges between 4 and 7 percent, while the interest on bank loans is between 9 and 12 percent," noting that "the interest rate of the Agricultural Cooperative Bank granted on fixed deposits ranges between 4 and 6 percent, and loans range between 12 and 14 percent.
According to the Central Bank, "the interest rate granted by the real estate bank on fixed deposits ranges between 3 and 5 percent, while the interest rate on its loans ranges between 10 and 13 percent."
Why was Muqtada al-Sadr silent about the success of the coordination framework in holding the session and passing its candidate to head the government?
A member of the Kurdistan Democratic Party, Wafa Muhammad, revealed the success achieved by the head of the Kurdistan Democratic Party, Massoud Barzani, in the process of choosing the new President of the Republic, Abdul Latif Rashid, while explaining the reason for the silence of the leader of the Sadrist movement, Muqtada al-Sadr.
Muhammad said in a televised interview, "Massoud Barzani achieved great success represented in breaking the will of a person who wanted to impose on the region, indicating that the vote on the settlement candidate Abdul Latif Rashid for the presidency is the beginning of ending one of the symbols of corruption that strained the relationship between Erbil and Baghdad and contributed to a lot." of disagreements.”
He continued, "We succeeded in preventing the robbery of the will of the Kurdish people, adding that the new president, Abdul Latif Rashid, will succeed in achieving the outstanding issues between Baghdad and Erbil, including the oil and gas law and Article 140 of the constitution."
Muhammad indicated regarding al-Sadr’s silence about the new political developments: “It came due to a request by the Quartet delegation that visited Erbil (Al-Halbousi, Al-Khanjar, Al-Fayyad and Al-Sudani) to Massoud Barzani to intervene and influence Muqtada Al-Sadr.”
And a member of the Democratic Party said, "Barzani contacted Sadr and obtained an agreement that the Sudanese government would be one and a half years old and that it would return to early elections in which the Sadrists would return through the ballot boxes, continuing by saying, "The Sadrists will return to Parliament stronger and more in possession of parliamentary seats in the upcoming elections."
The quartet delegation, which included Parliament Speaker Muhammad al-Halbousi, head of the Sovereignty Alliance Khamis al-Khanjar and head of the National Contract Bloc Faleh al-Fayyad and appointed to head the new government, Muhammad Shia al-Sudani, visited Erbil and met Massoud Barzani last week to discuss forming the new government.
A few days after their return, Parliament held its session and elected the settlement candidate, the leader of the Patriotic Union of Kurdistan, Abdul Latif Rashid, as President of the Republic, outperforming his rival, Barham Salih, and then appointed Rashid, Muhammad Shiaa Al-Sudani to head the next government.
Observers were asked about the reason for the silence of the leader of the Sadrist movement, Muqtada al-Sadr, about these political developments, which occurred after the resignation of his bloc from Parliament, and enabled his opponents to rise to their losing deputies, achieve the most numerous bloc and work to form a new government, and all of this would not happen without the withdrawal of the Sadrist bloc.
Al-Sadr breaks his political silence and exonerates the entire Sudanese government
Today, Saturday, the leader of the Sadrist movement, Muqtada al-Sadr, expressed his first position after assigning Muhammad Shiaa al-Sudani as prime minister.
Muhammad Salih al-Iraqi, known as al-Sadr’s minister, said, quoting the latter: “In the midst of forming a coalition government of proven militia subordination, it did not and will not meet the aspirations of the people and does not conform to the principle (the tried is not tested), and after the efforts to form a national majority government, neither eastern nor western, in which justice will prevail, have failed. The law and the impartial judiciary, and arms are confined to the hands of the heroic national security forces, and after democracy and party coalitions have transformed through rallies and internal and external bombardment, the arbitrary accusations are made. From the highest levels, from inside Iraq first and from outside Iraq second.
He continued, "We recommend that Iraq not turn into a puppet of foreign agendas, that weapons do not turn into loose hands, and that the people's money does not turn into the pockets and banks of the corrupt."
And the Minister of Sadr added, “We also stress our categorical, clear and frank rejection of the participation of any of our affiliates who are in the previous or current governments or those outside them, or those who defected from us previously or later, whether from inside and outside Iraq, or any of those affiliated with us directly or indirectly. Rather, absolutely and with any excuse or pretext whatsoever, in this government formation headed by the current candidate or other old faces or affiliated with the corrupt and their authority who have no interest in them but to break the power of the homeland and weaken it before the nations, and everyone who participates in its ministries with them unjustly, aggression and disobedience for any reason is He does not represent us at all, but we are acquitted of him until the Day of Judgment, and he is considered immediately expelled from us (the Al-Sadr family)."
He went on to say, "Do not be surprised by that, for there are undisputed efforts to satisfy the current and silence the voice of the nation... and those who belong to us have salivated for that rotten cake of which only crumbs remain."
And he noted: "We also show everyone that there are malicious plans to root and root and strengthen their authority and undermine everything else to increase the dominance of corruption and the corrupt and manipulation of the people's fates and money unchecked through mixing papers and domination of the judicial and security authorities and independent bodies and the like .. Beware of the authority of Bani al-Abbas, but rather (Gog and Magog) who are spreading corruption and oppression (and unfair alliances) in the land.
And the Minister of Al-Sadr concluded by saying, "Oh God, differentiate between us and the corrupt, and open between us and our people with truth, and you are the best of conquerors...and peace be upon those who follow guidance."
Al-Sadr attacks the Sudanese government
Al-Sadr expresses a position on the government after assigning Al-Sudani - Urgent Al-
Sadr: Everyone who participates in the next government does not represent us at all Al
-Sadr: Those who belong to us have salivated for that rotten cake
Al-Sadr's minister attacks the formation of the new Iraqi government
The so-called "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr, on Saturday, directed a criticism of the coordination framework's efforts to form a "tested militia coalition" government, while renewing his categorical refusal to participate in it, he disclosed the existence of efforts To satisfy the Sadrist movement by granting him a position in that government.
Al-Iraqi said in a post on the social networking sites "Facebook", quoting Al-Sadr, that "in the midst of forming a coalition government of proven militia dependency, it did not and will not meet the aspirations of the people and does not comply with the principle (the tried is not tested), and after the efforts to form a national majority government, not an eastern one, have failed. There is no Western world in which justice, law, and an impartial judiciary prevail, and arms are confined to the hands of the heroic national security forces.”
sequel..
The Prime Minister of Iraq accepts the resignation of the Minister of Finance and appoints Hiam Nemat as his successor
working until the last minute hmm
Today, Saturday, the Iraqi Prime Minister, Mustafa Al-Kazemi, approved a request to exempt Oil Minister Ihsan Abdul-Jabbar from the duties of the acting Ministry of Finance
And a government source told the Iraqi News Agency: "The Prime Minister agreed to the request of the Finance Minister, Ihsan Abdul-Jabbar Agency, to relieve him of the above position," noting that "Al-Kazemi assigned Minister of State Hiam Naamat the tasks of the Ministry of Finance as an agency, until the formation of the new government.
A Sadrist leader expects the resignation of the executive positions in the movement by passing the Sudanese government
A leading source in the Sadrist movement expected, on Saturday, the resignation of those in executive positions in the movement in the event of the formation of the government of Muhammad Shia al-Sudani. The leader told Shafaq News Agency, "The words of the Minister of Commander Saleh Muhammad al-Iraqi are clear, which is that Mr. Muqtada al-Sadr refuses the participation of any figure within the Sadrist movement in the government that the designate Muhammad Shiaa al-Sudani intends to form."
He explained that "the owners of executive positions from the Sadrist movement in the government of Mustafa al-Kazemi will all submit their resignations from the government of Muhammad al-Sudani if it was formed within the specified period, otherwise the Sadrist movement is innocent of them."
The leader pointed out that "the Secretary-General of the Council of Ministers, agents, holders of special grades, governors, and everyone who belongs to the Sadrist movement is obligated to submit their resignations from the government that is formed under the chairmanship of Muhammad Shia al-Sudani," noting that "the aforementioned authorities all their resignations under the hands of Mr. Muqtada al-Sadr."
Today, Saturday, Saleh Muhammad al-Iraqi, the so-called "minister of the leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr, criticized the efforts of the coordination framework to form a "tested militia coalition" government, while renewing his categorical refusal to participate in it, he disclosed the existence of efforts to satisfy the Sadrist movement. By giving him a position in that government.
Shabak politician: The framework ended an American-Gulf conspiracy to control Iraq
A member of the Democratic Network Assembly, Sami Fadel, confirmed on Saturday that the last steps of the coordination framework, naming the President of the Republic and assigning Muhammad Shia Al-Sudani as prime minister ended a conspiracy that wanted to take over Iraq.
Fadel said in an interview with the "Information" agency, that "it was an American-Gulf conspiracy targeting the political process in the country, and it wanted to control all the joints of governance in Iraq."
He added, "The assignment of the Sudanese prime minister is to revive the national project and the Iraqi will, because the conspiracy was aimed at maintaining Mustafa Al-Kazemi's government for a longer period to seize Iraq with all its joints."
Fadel pointed out that "these steps of the coordinating framework disturbed the cell countries and America, and it will try to put obstacles in the way of achieving Al-Sudani's mission in reviving the country from the current crisis."
The President of the Republic, Abd al-Latif Rashid, assigned the coordination framework candidate, Muhammad Shiaa al-Sudani, to form the government, while the latter began his talks with the political forces in preparation for announcing his cabinet formation.
Report: The names of the Sudanese booth will be ready in two days
A press report stated, on Saturday, that the names of the ministerial cabinet for the government of Prime Minister-designate Muhammad Shia Al-Sudani will be ready within two days.
And the "Arabi 21" website stated in its report, which was reviewed by "The Information", that "the road ahead of the Sudanese is paved to form the government, especially since it represents the largest bloc, which was able to resume holding parliament sessions and elect a president of the republic."
He added, "The final agreement on the names of the Sudanese ministerial cabinet will be ready within two days, and the information available is that an agreement occurred between the political blocs that Thursday will be a date for voting on the government in Parliament."
The report indicated that "
The report quoted the Iraqi researcher Wahid Abbas as saying, "Before the Sadrist movement's supporters stormed Al-Khadra, we used to say that the Sudanese government would not be long, and would do nothing but prepare for the upcoming elections, while today the evidence, the general atmosphere and international support all point to the opposite."
Huge money in Iraq's coffers.. Will he succeed in investing it?
The financial abundance resulting from the rise in oil prices has spread optimism about a better future for the Iraqi economy, but officials and economic experts differ in their opinions on how to invest this abundance in current projects or projects that save for generations.
A few days ago , the Central Bank announced that its reserves had reached the highest levels in the country's history, estimated at more than $87 billion; As a result of high oil prices.
There is also between 15 to 20 billion dollars in excess of the spending schedule, due to the absence of the financial budget , which makes these funds a golden opportunity to achieve economic gains and move the investment wheel.
The new government and the fate of the money
With the start of consultations to form the new government headed by Muhammad Shiaa Al-Sudani , there was talk about how to benefit from these funds in order to achieve the greatest financial returns, and stimulate the economy that has been paralyzed in recent months as a result of the political crisis and the parties’ conflicts over the government.
Adviser to the Iraqi Prime Minister for Economic Affairs, Mazhar Muhammad, confirms to "Sky News Arabia", that " Iraq's foreign reserves may reach 90 billion dollars at the end of this year, and more than percent of those reserves are for the Central Bank, as a cash cover for the Iraqi dinar."
He described the central bank's foreign currency investment portfolio as a " sovereign fund or quasi-fund."
He also called for the establishment of what he described as the "Generation Fund," adding: The establishment is one of the savings made in the general budget, which may reach the end of this year 15 to 20 billion dollars, which must be invested after legally adapting the issue, through the Reconstruction Council, especially in infrastructure projects. and productive activities to bring about a renaissance in the Iraqi economy
Urgent projects
Iraqi economists prefer accelerating the benefit of the new abundance in treating the effects of the “Coronavirus” crisis, the depreciation of the dinar against the dollar, and the rise in prices, especially to alleviate the low-income people.
In this, a member of the Economy and Investment Committee in the former parliament, Nada Shaker, told "Sky News Arabia", "The economic situation now needs treatments on the short and medium levels, such as reviving factories to employ the workforce, rehabilitating infrastructure and power stations, and developing agriculture to raise the standard of living of the population.
As for the long-term level of establishing sovereign funds, "it can be done in advanced stages."
The former parliamentarian attributed this to the fact that “the conditions are not favorable to go towards long-term investment now because of the urgent need to rescue groups afflicted by poverty, frustration and despair.”
She is optimistic that "the current government is determined to make progress in this area, through better investment of the current resources and diversification of the economy ."
And the government of Prime Minister Mustafa Al-Kazemi, when it was formed in 2020, had previously announced that it was heading to establish a sovereign fund for Iraq , similar to the well-known experiences in some countries of the world, but the project did not see the light because of the successive crises that hit the country.
The areas in which these funds invest are diverse, most notably real estate, hedge funds, investment funds in the financial markets, bonds, stocks, futures contracts and raw materials.
And two crises left Iraq last week with regard to the faltering formation of the government and the election of a president for the country months ago, after Parliament elected Abdul Latif Rashid as President of the Republic of Iraq, and in turn commissioned Muhammad Shiaa Al-Sudani to form the government; What gives full-time hopes to pay attention to the economy and development
The framework responds to the tweet of the Minister of Al-Sadr: It does not affect the formation of the government
The leader in the coordination framework, Ali Al-Fatlawi, confirmed, on Saturday, that the tweet of what is known as the Minister of Al-Sadr will not affect the political work and the formation of the government.
Al-Fatlawi said in an exclusive interview with the agency (Mawazine News), that the talks do not take place through a tweet, but rather through political offices, indicating that the Sadrists' refusal to enter the political process falls within the context of respected opinions, and if they want to participate in the government, their opinion will be respected as well.
Al-Fatlawi added, "The government should see what the leader of the Sadrist movement, Muqtada al-Sadr ,
wants."
Earlier today, Saturday, he refused the participation of any of the current's followers in the government headed by the current candidate.
The Minister of Commander, Saleh Muhammad Al-Iraqi, said in a tweet, quoting Mr. Al-Sadr, which was followed by / Mawazine News /, “We stress our categorical, clear and frank rejection of the participation of any of our affiliates who are in the previous or current governments or those outside them, or those who defected from us previously or later, whether from within Iraq and outside it, or any of those affiliated with us directly or indirectly, but absolutely and with any excuse or excuse whatsoever.”
Chinese President to his elected Iraqi counterpart: I am ready to work with you to strengthen the strategic partnership between the two countries
Today, Saturday, Chinese President Xi Jinping expressed his readiness to work with Iraqi President-elect Abdul Latif Rashid to promote new progress in the China-Iraq strategic partnership.
And the Chinese embassy in Iraq said, in a statement received by Mawazine News, that "Chinese President Xi Jinping sent a congratulatory message today to Abdul Latif Rashid on the occasion of his election as Iraq's president."
"China and Iraq share a traditional friendship, and over recent years, the two countries' political mutual trust has been increasingly solidified, and their practical cooperation in various fields has made steady progress," Xi noted, according to the statement.
He added, "He attaches great importance to the development of China-Iraq relations, and is ready to work with President Rashid to promote new progress in the China-Iraq strategic partnership, for the benefit of the two countries and their peoples."
Mazhar Muhammad Salih: The financial surplus will reach $20 billion within 60 days
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected, on Saturday, that Iraq will achieve a financial abundance that may reach 20 billion dollars during the next two months.
And Arab media quoted Saleh as saying that "Iraq's foreign reserves may reach 90 billion dollars at the end of this year, and most of these reserves are for the Central Bank, as a cash cover for the Iraqi dinar."
He described the central bank's foreign currency investment portfolio as a "sovereign fund or quasi-fund."
He also called for the establishment of what he described as the "Generation Fund", adding: "The establishment is one of the savings in the general budget, which may reach the end of this year 15 to 20 billion dollars, which must be invested after the issue is legally adapted, through the Reconstruction Council, especially in projects Infrastructure and productive activities to bring about a renaissance in the Iraqi economy.
The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rate
The Deputy Governor of the Central Bank of Iraq, Ammar Hamad Khalaf, confirmed that there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar.
Khalaf said, in an interview with the Kurdish media network "Rudaw", on the sidelines of the IMF and World Bank meetings in Washington, which he described as "the mission", that "there are serious attempts to reform the Rafidain and Al-Rasheed banks, so that they can play their role in the Iraqi economy."
He added, "The annual meeting of the International Monetary Fund and the World Bank, the meetings held by central bank governors, finance ministers, and the governors of the IMF and the World Bank are important to exchange experiences, and to meet with leaders of the financial sector as well as international institutions, in addition to bilateral meetings with some central banks and international institutions, which are very important." To continue communicating with international organizations and exchanging experiences.
He added, "Iraq's foreign reserves are more than 80 billion dollars, and the credit for this increase is due to the rise in global oil prices," stressing, "There is no thought or desire to change the exchange rate, especially in light of the current circumstances and the high prices of oil and foreign reserves, There is no reason to think about changing the exchange rate of the Iraqi dinar."
He explained that "the introduction of more dollars in the markets depends on the demand from banks and traders, and the sales of the window have been stable for a while," noting that "the inflation rate in Iraq is now around 6%, and it is controlled, especially because of the stability of the exchange rate in the local markets, which is controlled." by the Central Bank of Iraq.
And regarding the opening of branches for Rafidain and Al-Rasheed banks in the Kurdistan region, Khalaf explained that "these are important Iraqi banks owned by the Iraqi government, which constitutes 80% of the banking sector, and there are serious attempts to reform these banks, to play their traditional and important role in the Iraqi economy
Document .. Submitting a request to the judiciary to prevent Al-Kazemi and his government formation from leaving Iraq
Document .. Submitting a request to the judiciary to prevent Al-Kazemi and his government formation from leaving Iraq
Honorable Chief of Public Prosecution.
M / travel ban
good greeting ...
In view of the imminent completion of the government for the conduct of daily business, which is a temporary government with incomplete powers, this government does not have the right to decide on important and crucial matters, and it does not have the right to conclude agreements, contracts, appointments for internal and external contracts, or to conclude special contracts.
In accordance with what was stated in the Cabinet’s Bylaw No. (2) of 2019 in Article (42)
As well as banning the travel of all those with special degrees in the caretaker government from a general manager or above, he must request and petition your honor, as soon as possible, to ban the travel of everyone
1. Mustafa Al-Kazemi 2- Ihsan Abdul-Jabbar 3- Mashreq Abbas 4- Kazem Haylan Al-Sahlani 5- Muhannad Naim 6- Hussein Allawi 7- Nabil Jassim 8- Spectrum Sami Muhammad and all Al-Kazemi’s cabinet, advisors, all agents and general managers, especially the general manager of Rafidain Bank (Abdul Hassan) Jamal Abdullah) and the Director General of the General Authority for Taxes (Mohammed Hamza Mustafa) to prevent them from traveling outside Iraq until their legal acquittal and the completion of all investigation and judicial procedures related to financial and administrative corruption and waste of public money.
With much thanks and respect
Ahmed
Lawyer
Ahmed Shahid Al-Shamry
Including Article 140..Barzani's party reveals the content of a negotiating paper signed with political parties in
The Kurdistan Democratic Party revealed today, Saturday, a negotiating paper signed between the political parties that includes the redistribution of security bodies and positions and the deployment of Kurdish forces in .Sinjar In an interview with (Baghdad Today), the representative of the Democratic Party, Majid Shankali, said that "there are 17 independent bodies in Iraq that do not have any Kurdish president, in addition to the security leaders, and there is no balance in ".them
He added that "there is a political negotiating paper between the blocs that was signed to restore balance on it," noting that "the paper requires the reactivation of Article 140 and the redeployment of the joint forces, including the Kurdish ones, in ".these areas, including Sinjar He pointed out that "the agreement provides for the rebalancing of security positions and the distribution of independent bodies, as well as the legislation of the federal oil ".and gas law to solve problems between the center and the region
Legal clarifies the extent to which Al-Kazemi’s agreements can be canceled in the conduct of business
The legal expert, Ali Al-Tamimi, explained the extent of the possibility of canceling the Al-Kazemi government’s agreements during the caretaker period, pointing out that there are penal conditions imposed by the countries that were agreed upon during the conduct of business, and this would put the outgoing government under legal accountability.
Al-Tamimi told Al-Maalouma, "The government for handling daily matters mentioned in the constitution in Articles 64 and 61 is a tied government that is counted and has no right to employ and conclude agreements, contracts and international deals, and everything that binds the next country and puts it in a political position with other international relations is rejected according to The concept of a caretaker government.
He added that "the law on ratification of international agreements requires that there be ratification by parliament on strategic agreements, whether by an absolute majority or by two-thirds of the strategic agreements."
And he indicated that "Al-Kazemi's government and if agreements are concluded outside the aforementioned concept, the current government can reject them if they are in violation of the law and were not ratified by Parliament, and certainly, Parliament did not ratify these agreements, and the new government can continue with the previous government's agreements if they were initialed and did not become agreements." official."
Al-Tamimi pointed out that “the agreements of the caretaker government, and if they are concluded permanently without being presented to Parliament and include a penalty clause, then Iraq is obligated to pay fines, because it is an agreement even if the government is a caretaker, the corresponding country will demand its penal condition, and then Al-Kazemi and those with him will be under Legal accountability for violating the law and wasting public money, and the new government can open these files and refer them to the judiciary.
"Contact Group": Iraq still faces enormous medium and long-term economic difficulties
On Saturday, the Economic Contact Group for Iraq affirmed its commitment to supporting the government to face economic and social challenges, while identifying the most important points that help the country's economic advancement.
The Iraq Economic Contact Group stated in a joint statement that "the United Kingdom and Japan co-hosted a meeting on economic reform and climate action in Iraq, at the annual meetings of the International Monetary Fund and the World Bank Group."
She added that "the Iraq Economic Contact Group met in Washington, DC, with representatives from Iraq."
And she continued: "The representatives from Iraq, the World Bank, the International Monetary Fund, and the Group of Seven discussed economic challenges and opportunities in Iraq, and the need for broad-based economic reform."
She noted that, "Despite the progress that has been made under the current government and in the midst of difficult conditions, Iraq continues to face enormous medium and long-term economic difficulties, exacerbated by the negative effects of climate change - including water scarcity, desertification, drought, high Temperatures".
For its part, the Economic Contact Group for Iraq is working to "encourage the Iraqi government to present an ambitious plan for economic reform and to take decisive climate action."
The contact group stressed that "the reform and recovery of the Iraqi economy, the consolidation of democracy in the country, and the increased participation of women and girls in all aspects of economic and political life, are all essential factors for enhancing stability not only in Iraq, but also in the region."
He pointed out that "the diversification of the economy and building a dynamic private sector that includes everyone to complement the fossil fuel sector, which leads to strengthening the resilience of the overall economy and providing opportunities and livelihoods for the Iraqi people. This requires reforms that improve the business environment, modernize the financial sector, and enhance overall economic stability and financial management." public sector, combating corruption, and thus stimulating growth and laying the necessary building blocks for the prosperity of the private sector.
He explained that "prudently investing Iraq's oil revenues - through good governance, effective financial management and transparency - will be important to rebuilding climate-resilient infrastructure, improving basic services, and laying the foundations for sustainable growth."
The Iraq Economic Contact Group affirmed its commitment to support the Government of Iraq to face the important economic and social challenges in Iraq
America: The Strategic Framework Agreement will guide our relations with the new Iraqi government
The US ambassador to Baghdad, Alina Romanowski, confirmed, on Saturday, that the strategic framework agreement will guide her country's relations with the new Iraqi government.
"The strategic framework agreement will guide our relations with the new Iraqi government," Romanowski said in a tweet via Twitter, followed by Mawazine News.
She added, "Progress in achieving our common interests is important to Iraqis: an Iraq that fights corruption and creates jobs, an Iraq that is stable through strong government security institutions and free of ISIS, and an Iraq that is resilient to dealing with climate change."
Leader in the framework: We will support the idea of establishing a higher council for the economy in Iraq
The leader in the coordination framework, Turki Al-Atabi, confirmed, on Saturday, his support for the idea of establishing a higher council for the economy in Iraq.
Al-Otabi said in an interview with Al-Maalouma, "Iraq suffers from economic chaos that has caused great damage, especially with the mismanagement of financial resources, corruption and the failure to adopt correct foundations in dealing with economic challenges at the international level."
He added, "There are tendencies to support the formation of a higher economic council that would be a gateway to correct the course of the economic situation in the country by providing advice and plans and contributing to a radical treatment of all the mistakes of the caretaker government, which was behind a series of mistakes that led to the rise in prices."
He pointed out that "there is parliamentary support for the idea of the Economic Council, which we believe will have 4 benefits in general, the most prominent of which is the adoption of fixed and objective plans in investing financial resources after achieving abundance in recent months in order to support the rest of the sectors."
And Iraq, despite the abundance of its financial budget, suffers from mismanagement of economic resources and high prices due to the chaos of decisions in different directions.
Document .. Submitting a request to the judiciary to prevent Al-Kazemi and his government formation from leaving Iraq
Document .. Submitting a request to the judiciary to prevent Al-Kazemi and his government formation from leaving Iraq
Honorable Chief of Public Prosecution.
M / travel ban
good greeting ...
In view of the imminent completion of the government for the conduct of daily business, which is a temporary government with incomplete powers, this government does not have the right to decide on important and crucial matters, and it does not have the right to conclude agreements, contracts, appointments for internal and external contracts, or to conclude special contracts.
In accordance with what was stated in the Cabinet’s Bylaw No. (2) of 2019 in Article (42)
As well as banning the travel of all those with special degrees in the caretaker government from a general manager or above, he must request and petition your honor, as soon as possible, to ban the travel of everyone
1. Mustafa Al-Kazemi 2- Ihsan Abdul-Jabbar 3- Mashreq Abbas 4- Kazem Haylan Al-Sahlani 5- Muhannad Naim 6- Hussein Allawi 7- Nabil Jassim 8- Spectrum Sami Muhammad and all Al-Kazemi’s cabinet, advisors, all agents and general managers, especially the general manager of Rafidain Bank (Abdul Hassan) Jamal Abdullah) and the Director General of the General Authority for Taxes (Mohammed Hamza Mustafa) to prevent them from traveling outside Iraq until their legal acquittal and the completion of all investigation and judicial procedures related to financial and administrative corruption and waste of public money.
With much thanks and respect
Ahmed
Lawyer
Ahmed Shahid Al-Shamry
The US ambassador tweets again about the Sudanese government and identifies 5 points to support it
The US ambassador to Baghdad, Alina Romanowski, confirmed on Saturday that the strategic framework agreement between the United States and Iraq will be directed towards the new government.
"Progress in achieving the common interests between America and Iraq is important to the Iraqis," Romanowski wrote in a tweet posted on her personal account on Twitter.
In her tweet, she pointed out the importance of "an Iraq that fights corruption and creates job opportunities, a stable Iraq through strong government security institutions and free of ISIS, and an Iraq that is resilient to deal with climate change.
Parliamentary legal clarifies about the 2023 budget and sets a condition for its passage next February
The Legal Committee announced, today, Saturday, its intention to legislate more than 20 laws as a first package, including 5 laws that were given priority and the first reading of them was completed, while it indicated that the legislation of the 2023 budget law may extend until next February, provided that the process of forming the new government is completed in the short period. coming.
Member of the Committee, Representative Omid Muhammad, told Al-Iraqiya News, and the Iraqi News Agency (INA) followed it up, that "there are 173 projects and proposed law sluggish from previous parliamentary sessions, and that political differences affected the current parliamentary session and delayed the discussion of laws."
He added, "The committee will give the laws that have obtained political consensus and touch the basic needs of citizens priority in the discussion and then go to vote on them and their legislation, the most important of which are the draft social security laws, the treatment of slums, the Civil Service Law, the First Amendment to the National Oil Company Law, and the First Amendment to the Law of People with Disabilities and Special Needs. These five laws were first read in Parliament, and all blocs agreed to pass them.”
He continued, "The legal committee is determined to legislate between 20-25 laws as a first package during the next few months, and it was agreed to give it priority for legislation, and it was delayed as a result of the crises that occurred in Iraq, and there are no major differences over those laws."
Regarding the draft budget 2023, Muhammad said that “budget legislation requires first the formation of an elected government, and we expect that if this is done in the next few period and the new government submits the draft budget, discussions and voting on it may extend until February of next year.
The appearance of Muhammad Salih: The intention is to present a current reality budget and a final account for the current year at the same time
- The financial expert, advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the intention is to present a current budget for the current fiscal year and a final account at the same time.
He told the National Iraqi News Agency ( NINA ): I think it is very difficult to approve the federal general budget law for the current fiscal year 2022 in the remaining time of the current fiscal year because the general budget is an estimated future financial plan for one fiscal year to come.
He explained: The expenditures that were approved during the current year were implemented through two different laws, the first: through the implementation of Article 13 of the Financial Management Law No. 6 of 2019 amended by the 12/1 disbursement of the total actual current expenditures that took place in the year 2021, and the second, Through the Emergency Food Security and Development Law No. 2 of 2022, and accordingly, I see that the intention may move to present (a current budget for the fiscal year 2022 and prepares a final account at the same time) for approval by the House of Representatives soon.
Al-Maliki: The next government will not be a gift, but rather a constraint and responsibility in the necks of those who oppose it
The Secretary-General of the Islamic Dawa Party, Nuri al-Maliki, confirmed today, Saturday, that the next government will not be a gift, but rather a constraint and responsibility in the necks of those who oppose it, indicating that we will support the government and will not abandon it and we will hold it accountable at the same time.
Al-Maliki said in his speech on the occasion of the anniversary of the founding of the Islamic Dawa Party and the birth of the pure imams: "It is not a shame to disagree, but the shame is that we do not agree and we are all under the roof of the constitution," noting that "the completion of the constitutional entitlements represents the decision of all authentic Iraqis."
He added, "We are on the verge of forming a new government, which is the result of the tireless work of the people's representatives, and the next government will not be a gift, but rather a constraint and responsibility in the necks of those who oppose it." And slums should be dealt with by providing an alternative and not by imposing rents.
Al-Maliki explained that "the next government will be an opportunity for those who can accomplish and be up to the responsibility, and it will have difficult files in front of it in light of the general decline in services," noting that "there is no complex or difficulty in solving most problems, especially the agriculture and water crisis, and we will support the government and will not give up." And we will hold them accountable at the same time.
The Central Bank of Iraq participates in the annual meetings of the International Monetary Fund and the World Bank (CBI)
During the meetings, several meetings were held with some officials of the International Monetary Fund and the World Bank to discuss ways of cooperation with Iraq, and to provide the necessary support for the development of various economic sectors, especially the banking sector due to its importance in economic development.
The delegation discussed with the American Chamber of Commerce and a number of American companies, the electronic payment file in Iraq, and the efforts of the Central Bank to develop it, which contributes to increasing the rate of financial inclusion.
International institutions praised the efforts of the Central Bank, which contributed to achieving growth in the national economy, which is more than 9% during the current year.
Media Office
16 - October - 2022
In Tehran... the Iranian Foreign Minister meets the Iraqi National Security Adviser, Qassem al-Araji, and announces... the security of Iraq is part of the security of Iran!
Iraqi National Security Adviser Qassem al-Araji, who heads a high-level security delegation, met in Tehran on Saturday with Iranian Foreign Minister Hossein Amir Abdollahian.
Mehr News Agency reported that, in this meeting, the Iranian Foreign Minister stressed the growing relations between Tehran and Baghdad in all fields, stressing the two countries' cooperation in the security field, including the need to confront armed terrorists from the Kurdistan region of Iraq.
Hussein Amir Abdollahian stressed that the relations between the two countries are strategic and distinguished, and said that we consider the security of Iraq to be the security of Iran, adding: Given the good relations between the Islamic Republic of Iran and the Republic of Iraq, we do not expect the territory of the Iraqi Kurdistan region to be a springboard for terrorist acts and a threat to Iran.
Abdullahian called on Baghdad and the Iraqi Kurdistan region to bear full responsibility in confronting terrorist groups and apartheid from the Kurdistan region of Iraq.
The Iranian foreign minister added: "We have always wanted a prosperous, free and independent Iraq, and we want nothing but good for the Iraqi government and people."
In turn, Mr. Qassem al-Araji, the Iraqi National Security Adviser, said that the Iraqi constitution does not allow the activities of individuals and movements that threaten the neighbours.
Al-Araji stressed that any non-security measure against Iran will be faced by the central government and the Kurdistan Regional Government, and that Iraq considers Iran's security one of its own
Al-Sudani knocks on the doors of tenderness to explain his program on the chest
The leader of the Al-Fateh Alliance, Hamid Al-Moussawi, revealed on Sunday, the intention of the Prime Minister-designate, Muhammad Shiaa Al-Sudani, to visit Al-Hanana in the Al-Najaf Governorate to present his government program to the leader of the Sadrist movement, Muqtada Al-Sadr.
Al-Moussawi said in a televised interview, which was followed by "The Information", that "according to what we have heard, the Prime Minister-designate Muhammad Shia Al-Sudani will visit Al-Hanana to present his government program to Muqtada Al-Sadr in order to make observations," stressing that "the door for dialogue with the current is still open."
Al-Moussawi stressed the need to "respect the Sadrist movement's choice not to participate in the government," saying that "not participating in the movement will cause the government and all political forces to be careful in implementing what they have pledged."
The leader of the Sadrist movement, Muqtada al-Sadr, had refused, through the "Minister of the Leader" page. The participation of any person affiliated with the Sadrist movement or a dissident from it in the government of Muhammad Shi`a al-Sudani.
Al-Sudani: The government program will focus on the aspects that affect the lives of citizens
The Prime Minister-designate, Muhammad Shiaa Al-Sudani, received today, Sunday, the British Ambassador to Iraq, Mr. Mark Bryson Richardson.
During the meeting, they discussed the future of bilateral relations and ways of joint cooperation between Iraq and Britain, as well as a review of the overall political and economic situation at the national and regional levels.
During the meeting, Al-Sudani stressed that the political and democratic process must proceed under the umbrella of the constitution, indicating that his government program will focus on the service and economic aspects that affect the lives of citizens. He also stressed the refusal to exclude any active national party in this path.
The Prime Minister-designate pointed to the importance of a constructive partnership with the United Kingdom, and to work for Iraq to be an effective anchor in a stable regional system.
For his part, the British ambassador expressed his country's support for the efforts made to form a new Iraqi government that meets the aspirations of the Iraqi people for progress and prosperity.
Media Office of the Prime Minister-designate
Contractors from Sulaymaniyah declare bankruptcy: Our money was confiscated from Kurdistan banks
Sulaymaniyah contractors announced on Sunday that 75% of them have gone bankrupt as a result of confiscation of their money from banks in Kurdistan Region.
Contractor Jamal Siddiq said during a press conference attended by Shafak News, "The Kurdistan Regional Government has weakened its authority by neglecting the private sector, especially we contractors who played an important role in the reconstruction projects in Kurdistan Region and created hundreds of thousands of job opportunities and market movement," adding, “Nearly nine years ago, after the outbreak of the war against ISIS, our money was confiscated from the banks and many of our unfinished projects remained.”
"We express our dissatisfaction with the indifference practiced by the government with us, and we clearly announce the non-payment of funds, the suspension of projects, the suspension of projects, the suspension of legal hostages, and the non-working of contractors' instruments, even in government institutions, despite the approval of the Council of Ministers and the Ministry of Finance and Economy to exchange contractors' instruments."
Siddiq confirmed, "873 unfinished projects in Sulaymaniyah governorate remained the same, which means that 75% of the contractors, who numbered 920 in Sulaymaniyah governorate, went bankrupt."
He continued, "The failure to use these instruments is a dangerous sign for the market, and it is an indication of this government's indifference towards them and its lack of credibility."
and a friend; "This is a great injustice and we cannot tolerate it, and appropriate mechanisms must be taken in consultation with the Contractors Union."
International report: Iraq is making progress in gas production to reduce imports from Iran
An international report stated that Iraq is now making progress in some major projects to collect associated gas in the Al-Gharraf and Nasiriyah oil fields, pointing to efforts to re-use American companies specialized in this field, pointing out that Baghdad used to annually import 40% of its gas needs from Iran to operate generating stations. electricity.
The international oil expert, Simon Watkins, said in a report published on the (Oil Price) website, the economist translated by (Al-Mada), that "last week, the Dhi Qar Oil Company signed a contract with the American giant (Baker Hughes) oil services company to increase the rate of associated gas production. In the Al-Gharraf and Nasiriyah oil fields in Dhi Qar Governorate.
The report added, "The new project, according to the director of the Dhi Qar Oil Company, Anwar Hadi Shiaa, aims to increase the rate of gas production at the two sites during the first phase of development work from 20 million standard cubic feet to 200 million standard cubic feet."
He pointed out that "Baghdad's signature on the initiative of the United Nations and the World Bank to get rid of gas flaring and gas emissions during oil production operations and finally by 2030 requires it to take the initiative to take serious steps to eliminate this problem by developing projects to collect and treat associated gas in its oil fields."
The report pointed out that "the quantities of gas burned in Iraq's fields come second in the world after the quantities of gas burned in Russia, where approximately 17.37 billion cubic meters are burned annually, and this constitutes losses of billions of dollars annually."
He noted, “Experts say that even if the manufactured gas is not exported, these quantities that have not been burned may go towards filling Iraq’s need of gas required to operate power stations and to avoid frequent interruptions throughout the country caused by the lack of gas or the inability to import it from Iran For financial reasons or reasons related to the sanctions imposed on Iran, where Iraq obtains from time to time an exception from the United States to import gas from it to operate its electric stations.
The report stressed that "the reality of the possibility of being able to collect and manufacture gas in Iraq, including associated gas in the Al-Gharraf and Nasiriyah fields, remains a high and significant possibility."
He continues, "There are many companies that want to implement these projects for Iraq, including (Baker Hughes).
The report continued, "The beginning was in the year 2018, and then in the year 2020, the signing of an agreement with this company, and it seems that the last deal with it does not have a major change."
And he added, "The first phase of the project plan in the Nassiriya field, which will be similar to what will be done in the Al-Gharraf field, is likely to include bringing advanced gas processing devices to the unified natural gas complex in Nasiriyah and collecting associated gas to generate more than 100 million meters. cubic feet of gas per day.
The report pointed out that "the second phase will witness the expansion of the Nasiriyah gas station to become a complete liquid natural gas facility to manufacture 200 million cubic meters of dry, liquid and condensed gas."
He stressed, "This production will go to the local electric power generation sector," explaining that "Baker Hughes had previously stated in 2018 and 2020 that addressing the issue of burning gas from these two fields would allow the provision of 400 megawatts of energy to the Iraqi power line network." .
The report stated, "If the project is awarded to Baker Hughes, it will take 30 months to complete."
He spoke about the possibility of implementing similar development projects in other sites to collect associated gas, including the Halfaya field, which may produce 300 million cubic feet of gas per day, and the Ratawi field, which may produce 400 million cubic feet of gas per day as a first stage.
On the other hand, the report noted, "The Basra Gas Company project, which was taken over by Shell, reached in 2019-2020 its maximum production level of 1035 million cubic feet per day."
He added, "This is the highest gas production in the history of Iraq, sufficient to generate approximately 3.5 kilowatts of electrical power."
The report concluded, "This electrical energy is sufficient to supply three million homes with electricity, and the Basra Gas Company is currently responsible for 70% of the production of liquid gas in Iraq."
Watkins had indicated in a previous report published on the same site, that "the decision of the Federal Supreme Court to cancel the Iraqi government's decision to establish the National Oil Company has restored the field again for international oil companies to invest in Iraq."
The report added, "Watkins confirmed that a new investment by international oil companies in the Iraqi oil sector would move the country a step closer; It aims to increase production in the long term.
He pointed out, "Watkins mentioned that among the international oil companies that may reinvest in Iraq is the French company (Total), which signed a contract with the Iraqi Oil Ministry last February worth 27 billion dollars; To implement four projects in the oil and gas sector.
And the report indicated, "After this step, Iraq may eventually be able to make leaps in the field of developing production in the oil and gas sector through the use of investments by international oil companies."
The President of the Republic and the Iranian Ambassador discuss bilateral relations between the two countries
link lots of Iran in the news
President of the Republic, Abdul Latif Jamal Rashid, and the Iranian ambassador to Iraq, Muhammad Kazem Al Sadiq, discussed, today, Sunday, bilateral relations and joint coordination.
The media office of the President of the Republic stated, in a statement received by Mawazine News, that "President of the Republic, Abdul Latif Jamal Rashid, received today the Ambassador of the Islamic Republic of Iran to Iraq, Muhammad Kazem Al Sadiq."
He added, "During the meeting, they discussed bilateral relations and ways to develop them, stressing the importance of consolidating cooperation and joint coordination between the two neighboring countries."
For his part, the Iranian ambassador to Iraq, Muhammad Kazem Al-Sadeq, offered, during the meeting, "congratulations to the President of the Republic on his election as President of the Republic of Iraq," wishing him "good luck and success in his new duties."
The Iranian ambassador affirmed, "his country's support for Iraq in enhancing its security and stability."
Economist: The delay in approving the budget... harmed the economy and prevented benefiting from high oil prices
The economic expert, Jalil Al-Lami, confirmed: The delay in approving the budget ... harmed the economy and prevented benefiting from the rise in oil prices.
He told the National Iraqi News Agency ( NINA ): According to the preparatory data for the 2022 budget, the general budget can be approved during the remainder of the current year, as the legislative authority can directly discuss the draft general budget during these days, especially since the draft general budget for 2022 in the corridors of Parliament was the Al-Kazemi government. It was submitted to Parliament during the month of December of last year.
Al-Lami added: The budget items are implemented by the Sudanese government in the event that the federal government is formed during the constitutional times.
Al-Lami expressed the hope that the first act of the Sudanese government, which raised the slogan of the government, would be the completion of approving the general budget, the delay of which affected the Iraqi economy and did not benefit from the rise in Iraq's oil exports
Al-Sudani receives Blackshart and discusses with her the political situation in the country
Prime Minister-designate Mr. Muhammad Shiaa al-Sudani receives the United Nations envoy to Iraq, Ms. Blackshart
- •••••••••
The Prime Minister-designate, Mr. Muhammad Shia Al-Sudani, received today, Sunday, the Special Representative of the Secretary-General of the United Nations in Iraq, Mrs. Jeanine Plasschaert.
The meeting witnessed a discussion of the general political situation in the country, an emphasis on strengthening cooperation with the United Nations, and strengthening the mechanisms of the democratic system in Iraq.
Al-Sudani stressed that his government program will focus on addressing service problems and combating corruption, expressing the keenness of the next government to listen to the voice of the youth, and take into account the file of human rights and minorities, as well as its willingness to work for balanced external relations with the regional and international environments on the basis of common interests that Preserving Iraq's sovereignty.
For her part, Mrs. Plasschaert congratulated Mr. Al-Sudani on the occasion of his assignment to the presidency of the Council of Ministers, and affirmed the support of the UN mission to form a government that meets the aspirations of the Iraqi people with all its components.
Media Office of the Prime Minister-designate
October 16, 2022
Al-Sudani to Blackshart: Our government program will focus on the service aspects and the fight against corruption
Prime Minister-designate Muhammad Shia Al-Sudani received today, Sunday, the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, stressing that his government program will focus on providing services and .combating corruption A statement by Al-Sudani's office, received by (Baghdad today), stated that "the meeting witnessed a discussion of the general political situation in the country, an emphasis on strengthening cooperation with the United Nations, and strengthening the mechanisms ".of the democratic system in Iraq Al-Sudani stressed that "his government program will focus on addressing service problems and combating corruption, expressing the keenness of the next government to ".listen to the voice of the youth
According to the statement, Al-Sudani affirmed "taking into account the file of human rights and minorities, as well as readiness to work for balanced external relations with the regional and international environments on the basis of common interests that ".preserve Iraq's sovereignty For her part, Plasschaert offered "congratulations to Mr. Al-Sudani on the occasion of his assignment to the presidency of the Council of Ministers, and affirmed the support of the UN mission to form a government that meets the aspirations of the Iraqi people with all ".its components
Earlier, Prime Minister-designate Muhammad Shiaa Al-Sudani confirmed that .the government program will focus on service and economic aspects The media office of the Prime Minister-designate stated in a statement today, Sunday, that "Al-Sudani received the British ambassador to Iraq, Mark Bryson Richardson, and during the meeting, they discussed the future of bilateral relations and ways of joint cooperation between Iraq and Britain, as well as reviewing the overall political and .economic situation at the national levels." and regional The statement added that "Al-Sudani stressed during the meeting that the political and democratic process must proceed under the umbrella of the constitution, indicating that his government program will focus on the service and economic aspects that affect the lives of citizens, and he also stressed the rejection of the exclusion of any national active ".party in this path
The Prime Minister-designate referred to the importance of a constructive partnership with the United Kingdom, and to work for Iraq to be an effective anchor in a stable .regional system
For his part, the British ambassador expressed his country's support for the efforts made to form a new Iraqi government that meets the aspirations of the Iraqi people for .progress and prosperity
Did the new Iraqi prime minister order a reduction in the exchange rate of the US dollar against the dinar? Here's the truth
#FactCheck
Users of social media are circulating news that "the new Iraqi Prime Minister, Muhammad Shia Al-Sudani, ordered the reduction of the exchange rate of the US dollar against the dinar." However, this claim is not true, and the news is not true. # FactCheck
"Arabian Day" check it out for you
The facts: Sharing the news intensified recently, through Iraqi accounts, on Facebook ( here , here , here , here ,
Audit:
The news circulated with these allegations began on Friday, October 14 , 2022, with the appointment of the prime ministerial candidate for the coordination framework, Muhammad Shia Al-Sudani, to form the next Iraqi government.
After his assignment, Al-Sudani said, "Our work will start from the first hours of assignment according to a realistic government program that adopts economic reforms aimed at revitalizing the industrial and agricultural sectors, supporting the private sector, diversifying sources of income, addressing environmental impacts, desertification, climate change, and protecting water resources," according to his speech ( here ).
Fact of the news:
However, the circulated news is not true, according to what the investigation found.
By searching for him in the social media accounts of the person charged with forming the new government, Muhammad Shiaa al-Sudani, on Facebook ( here ), Twitter ( here ), and Telegram ( here ), and in the local media, it turns out that the news is not true.
According to the constitutional procedures, Al-Sudani is the designated prime minister and needs to form his ministry and obtain the confidence of the House of Representatives by an absolute majority, in order to be able to exercise the powers of the prime minister.
Al-Sudani does not yet have the powers of the Prime Minister according to the Cabinet’s Bylaw No. 2 of 2019 in Paragraph Two of Article One.
For his part, the Governor of the Central Bank of Iraq, Mustafa Ghaleb, said yesterday, Saturday, in a televised interview, that "there is no justification for changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars."
On December 19, 2020, the Central Bank of Iraq announced the reduction of the value of the Iraqi dinar against the US dollar from 1180 dinars to the dollar to 1460 dinars to the dollar.
The result:
Therefore, the circulating news that "the new Iraqi Prime Minister Muhammad Shia'a al-Sudani ordered to reduce the exchange rate of the dollar against the Iraqi dinar is not true." In fact, the news is fabricated, and the House of Representatives, until writing this report, has not voted on the ministerial curriculum and the Sudanese cabinet, meaning that he has no right to interfere in any of the work of the current government before obtaining the confidence of Parliament. Al-Sudani did not publish, through his accounts on social media, news regarding the reduction of
the dollar exchange rate against the Iraqi dinar.
After “the theft of the century” .. Parliament decides to host the Minister of Finance and the Governor of the Central Bank
Member of Parliament, Donia Al-Shammari, revealed today, Sunday, that a special session was held to host the Minister of Finance and the Governor of the Central Bank, against the background of a corruption deal in the amounts of taxes and customs estimated at two and a half billion dollars, after the end of the audit and the ongoing investigation.
Al-Shammari said in an interview with "Al-Maalouma", that "Parliament will hold an extraordinary session in which it will host the Governor of the Central Bank and the Minister of Finance of the current caretaker government," stressing that "the investigation and scrutiny of the amounts that were embezzled by manipulating the financial accounts of taxes and customs are underway."
She added, "A special committee will be formed for this issue, comprising two deputies for each parliamentary committee, to investigate and scrutinize the case more and reveal the parties behind the embezzled amounts."
And she continued, "There are many representatives who have filed cases with the Federal Court to prevent some ministers from the caretaker government from traveling on the grounds of many suspicions."
The independent deputy, Basem Khashan, said in a previous statement to "Information", that "the case of theft of 2.5 billion dollars from Al-Rafidain Bank is one of the largest thefts, but it is open and clear," accusing the Parliamentary Committee in the last session of "involvement in the theft that took place from Specific parties, as indicated by the report on the case
Including the “Bismaya” file.. The Parliamentary Economy reveals the details of its meeting with the Investment Authority
oday, Sunday, the Parliamentary Economy and Investment Committee revealed the details of a meeting of the Parliamentary Economy and Integrity Committees with the President of the Investment Authority, Suha Al-Najjar, in the House of Representatives, while confirming that the meeting discussed many files and lasted for more than 3 hours.
Committee member Hussain Al-Sabri said, in an interview with "The Information", that "the committee held an extensive meeting with the head of the Investment Authority, Suha Al-Najjar, who was hosted in the House of Representatives through the Integrity and Investment Committees."
He added, "The meeting discussed many important topics, such as the investment scale, the number of licenses that carry exceptions, the reasons for the exception, the lagging projects, the withdrawal of projects, and what the authority's procedures are? In addition to the file of the Korean Hanwha Company in charge of the Basmaya project."
A member of the Parliamentary Economy Committee explained that "the committee requested a full report on the Basmaya project, in addition to many stalled and lagging projects, knowing the reasons, percentages of completion, and the most prominent solutions reached by the Investment Authority," noting that "the session was lengthy and amounted to more than three hours."
And Al-Sabri, "The committee gave Al-Najjar a period of seven days to reveal all this information, but it objected due to the large number of files and the authority's supervision of 2,600 projects in Iraq." According to the chief investment officer,
Parliamentary committees continue to exercise their oversight role, especially after the parliament sessions return by hosting the responsible executive bodies and demanding the disclosure of all corruption and waste of public money that occur in the ministries of the caretaker government.
Al-Kazemi issues a clarification on the trillion tax crisis
The head of the caretaker government, Mustafa Al-Kazemi, issued a clarification on Sunday regarding the crisis of tax secretariats in Al-Rafidain Bank, which resulted in the theft of 3.7 trillion dinars.
Al-Kazemi said, in a statement received by Shafaq News Agency, that "the issue of funds withdrawn from the Tax Authority in the Ministry of Finance calls for standing up to the climates that helped spread corruption in the joints of that body, and participated in providing a cover for abuse of public money, which exceeds the life of this government." ".
He added that his government "has previously discovered this breach based on data and indicators indicating it, so it hastened to open investigations, move forward with the necessary legal procedures, and in cooperation with the judiciary, and all evidence and documents have been handed over to the judiciary for months, which in turn is proceeding with high professionalism and calmness away from the language of extortion." and misleading discourse.
Al-Kazemi indicated that "the judiciary was quicker to issue orders to stop the disbursement of funds, and to issue arrest warrants against the suspects, and the government's measures prevented the draining of other funds from the commission and from other places."
The head of the caretaker government stressed that "this government followed the legal procedures in force by the relevant authorities in the Integrity Commission and the competent judiciary, and provided all documents, evidence and clues that contribute to revealing the truth, and knowing the trespassers of public money, with an approach that respects the contexts of the state and its institutions, and respects The judiciary and its organs that we rely on to know every detail and hold each accused accountable.
Al-Kazemi: My government discovered the money withdrawn from taxes, and it is an issue that calls for standing up to the climates that helped spread corruption
Prime Minister Mustafa Al-Kazemi said that the issue of funds withdrawn from the Tax Authority in the Ministry of Finance calls for standing up to the climates that helped spread corruption in the joints of that body, and participated in providing a cover for overtaking public money, and it exceeds the life of this government.
And he added in a statement, "My government had previously discovered this breach based on data and indications that indicate it, so it hastened to open investigations, to move forward with the necessary legal procedures, and in cooperation with the judiciary. The language of blackmail and misleading rhetoric.
He continued, "The judiciary was quicker to issue orders to stop the disbursement of funds, and to issue arrest warrants against the suspects, and the government's measures prevented the draining of other funds from the authority and from other places."
Al-Kazemi continued, "So, after we proceeded on the legal path officially and with complete transparency to reveal the truth, we confirm that this government has followed the legal procedures in force by the relevant authorities in the Integrity and Judiciary Commission, and provided all documents, evidence and clues that contribute to revealing the truth, and knowing The trespassers of public money, with an approach that respects the contexts of the state and its institutions, and respects the judiciary and its organs on which we rely to know every detail and hold each accused accountable.
He stressed that "this government, which has worked to hold the corrupt accountable and prosecute them, is committed to all its duties in revealing and following up the truth, so that our people know everyone who exploits their rights for their own interests.
Al-Sudani seeks to form the Iraqi government... with an eye on the street and Al-Sadr
The emergence of differences between the political blocs supporting it
The Iraqi Prime Minister-designate, Muhammad Shia Al-Sudani, faces a difficult task, which is the difference in priorities between the political blocs that nominated him for this position. At a time when some of these blocs want to give Al-Sudani conditional freedom to choose his ministers himself, there are other blocs that want to limit the nomination of personalities who occupy ministries, by choosing a limited number for each position while leaving the freedom to the Prime Minister to choose among them, without having the option of rejecting them in If not convinced by any of them. There are also political blocs that do not oppose the idea that candidates for ministries should be technocrats and independents; And with conditions, and there are other blocs that demand that the minister be a political and leading figure in the party or bloc that nominates him to be a decision-maker in his ministry.
For his part, the prime minister is studying all these options and has his eye on the street and the leader of the "Sadr movement" Muqtada al-Sadr. The street, which is preparing to go out with large demonstrations on October 25, in refusal of quotas and thus not approving the government to be formed, could pose one of the challenges facing the Sudanese in the event that he is not able to gain the confidence of Parliament, even for part of the Council of Ministers, provided that the rest of the cabinet is completed. bags later. As for the leader of the Sadrist movement, The one who announced the repudiation of the government to be formed, asking his supporters not to participate in it, has become the biggest concern for the Sudanese, who hoped either to participate directly with the Sadrists, or to nominate names that might be satisfactory to them by al-Sadr, which did not happen after a tweet from al-Sadr. with this advertisement.
And regarding the possible consequences of the tweet of the leader of the "Sadr movement" Muqtada al-Sadr, Ghaleb al-Dami, a professor of media at "Ahl al-Bayt University" in Kufa, told Asharq Al-Awsat that "the position of (the Sadrist movement) is very clear, which is the rejection of this government." ; not only in terms of participating in it or not; Rather, he rejected it completely. He added that "what the leader of (the Sadrist movement) recently issued is an explanation and clarification of the rejection mechanism, as it does not match what he wants to form a majority government or a reform government according to the approach of (the Sadrist movement)." Al-Daami explained that “beyond this tweet in terms of how (the Sadrist movement) can work with its power to oppose this government, it is now difficult to predict it; But what can be said is that al-Sadr does not have long patience to stay away from the political scene.”
On the other hand, the National Coalition led by former Prime Minister Iyad Allawi stressed that the task of any future government lies in preparing for early elections and dismantling the knots left by previous crises. The coalition called, in a statement on Sunday, to “redress the mistakes made by previous governments, and to expedite the creation of the appropriate atmosphere for holding early elections,” explaining that the order “preparing for fair elections with a new law and a new commission to avoid all the mistakes that accompanied the past elections should be necessary.” To be at the forefront of the priorities of any future government.”
The coalition continued: “In conjunction with that; Efforts should continue to launch a constructive national dialogue within the framework of amending the constitution, overcoming previous failures and dismantling the crises that left them, with the presence of the United Nations and the League of Arab States, as well as the supervision of the Supreme Judicial Council and the Federal Court. In its statement, the coalition also stressed the "necessity of amending and enforcing the parties' law, activating the work of oversight bodies and committees to hold corrupters accountable, as well as a number of other proposals aimed at strengthening societal cohesion and alleviating the suffering of our people and remedying any loophole that could return the situation to what it is now."
Al-Sudani’s office denies the leaks of the government formation and confirms that it is still in the process of discussions
The media office of Prime Minister-designate Muhammad Shia Al-Sudani denied, on Sunday, any leaks that talk about the government formation, stressing that Al-Sudani is continuing his discussions with the political blocs.
"We deny all unreliable publications and leaks that contain inaccurate information about the formation of the next government," a statement by the office said, stressing that "the work is still in the process of discussions, discussions and exchange of views with all political partners and social and national frameworks."
He called on the media to "be careful in conveying information and be careful in circulating any publications, especially in this delicate circumstance that calls for unity and closing the doors to false and malicious news by staying away from unreliable sources."
He stressed the need to "rely on the official media outlet of the Prime Minister-designate."
Iraq tops the Arab world among the 10 fastest growing economies in the world
The world's fastest growing economy was Guyana, whose GDP accelerated by 57.6% during 2022.
The sparsely populated country is growing thanks to new oil exploitation projects. Ireland's growth has also been revised upwards significantly, but the small country's GDP is known to be volatile due to the many multinational companies based there that benefit from favorable tax laws within the European Union.
Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7%, and 7.6%, for the current year.
And in the tenth place, Egypt ranked with a growth rate of 6.6% in the gross domestic product, to control the Arab countries in 4 positions of the 10 fastest growing economies in the world, according to the data of the International Monetary Fund.
India has corrected course, as India's GDP grew by 4.1% in the first three months of 2022, slightly reducing annual growth in 2021-22 to 8.7% due to Omicron restrictions that hampered economic activity in the last quarter of the fiscal year Indian. In the first quarter of the new fiscal year (April to June), growth returned to 13.5%.
Looking at the big picture, India's GDP growth is still doing well globally, and the country is expected to overtake Japan as the second largest economy in Asia by 2030
The Iraqis are waiting for Al-Sudani to be sworn in: the challenges of corruption, unemployment, and de-escalation
Legal expert Ali Al-Tamimi explained, on Saturday, October 15, 2022, the timing of the Prime Minister-designate with full powers.
Al-Tamimi told Al-Masala, that when the Prime Minister-designate completes his cabinet and presents it with the ministerial curriculum to Parliament to vote on it by a simple majority and vote on it and takes the constitutional oath mentioned in Article 50 of the Constitution before the House of Representatives, then the Prime Minister will have his constitutional powers contained in the Iraqi constitution from Article 76 to Article 86.
He added: As for the Deputy Prime Ministers, their number was not specified in the Cabinet System 2 of 2019, but this system said the Vice-Presidents, and this means that their number is more than one.
He added that it is not necessary for the taxpayer to present all his nominees from the ministers, but he can present a part of them, whether they are original or agency, as stated by Federal Court Decision No. 93 of 2010.
On Saturday, 10/15/2022, the person in charge of forming the government, Muhammad Shia Al-Sudani, began his duties in the government palace to hold its meetings in preparation for presenting the members of the ministerial lineup to Parliament and gaining confidence.
As Al-Sudani begins to form the government, the obelisk monitors the hopes of the Iraqis in a service government, in a permanent consolidation of security and stability, and in reducing unemployment, while there is talk about the need for ministries to switch to production to absorb unemployment, employ graduates, and support the private sector, in order to absorb the unemployed youth.
And still calls to combat corruption and refer the corrupt to the judiciary top the requests of Iraqis, in the hope of preserving public money.
Al-Sudani may be optimistic, in his statements, but he must turn this optimism into reality, not give in to the many difficulties, and work to overcome everything that would make the Sudanese like his predecessors.
In addition, the Iraqi President, Abdul Latif Rashid, said that he will work to protect the constitution and the sovereignty of Iraq, while Prime Minister-designate Muhammad Shiaa Al-Sudani pledged to work on holding local and parliamentary elections, stressing his readiness to cooperate with everyone.
In addition to the framework forces that support him, Al-Sudani focuses on rejecting exclusion and marginalization, in reference to the Sadrist movement's lack of participation in the government.
Al-Sudani declared his full readiness to cooperate with all political forces and societal components, whether represented in the House of Representatives or those present in the national space. Al-Sudani stressed, by saying: We will not allow exclusion and marginalization in our policies, as disagreements have cracked state institutions and lost many opportunities for Iraqis in development, construction and reconstruction.
He added: I declare the serious desire to open the door to real and meaningful dialogue; To start a new page in working to serve our people and alleviate their suffering by strengthening national unity, rejecting division, and erasing hate speech.”
And he added, “I will do my best to form a strong government that is determined to implement its goals and program through the synergy of political forces by nominating competent, professional and honest personalities who are able to carry out their responsibilities,” stressing that “our people’s waiting for this important moment has taken a long time, burdening them and increasing their suffering, especially the sons of The middle and poor classes were the most affected during the past years.
According to obelisk monitoring, the Iraqis do not want the Prime Minister to compliment the corrupt, regardless of their power and influence, and to respect the opposition to his government, whether from the Sadrist movement or others, in order to ensure a performance evaluation process.
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