The Iraqi government is heading to end "dollarization".. The dollar is not available for dealing between citizens - Urgent
The researcher in economic and financial affairs, Nabil Jabbar Al-Tamimi, revealed today, Sunday, the existence of a government approach aimed at ending the phenomenon of "dollarization", that is, reducing the circulation of the dollar in the hands of citizens.
Al-Tamimi said, to "Baghdad Today", that "the Iraqi government is currently working to end the phenomenon of dollarization in the local market, meaning that it is working to end any dealings in dollars and abbreviate only dealing in Iraqi dinars, and this is part of the solution to the dollar crisis that the country has been witnessing for months." ".
He added, "This approach is very important in order to strengthen the Iraqi economy, and it prevents any financial collapse in Iraq, as it depends on the local dinar," considering that "any country that relies on a currency other than its official currency is threatened with collapse, as happened with Lebanon now, and for this reason." The government's approach towards ending the "dollarization" phenomenon is a very important step.
Citizens who spoke to "Baghdad Today" reported that most transfer companies refuse to hand over citizens who receive remittances in dollars, and hand them over their remittances in Iraqi dinars and at the official exchange rate.
Taif Sami announces the completion of the "2023 budget" and sends it to the Council of Ministers for a vote
The Minister of Finance, Taif Sami, announced on Sunday, the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it.
Sami mentioned in a statement received by Shafaq News agency; "The completion of the preparation of the project comes under exceptional circumstances in the global economy, which came to deal with the effects of international, regional and local economic challenges," he said.
And the Minister of Finance indicated; "The next draft budget will focus on development priorities, support for the social protection network, and the most needy groups, as well as providing a secure cover for strategic and sustainable development projects," he said.
Sami indicated, "During the past months of the new government's life, we worked to extract a budget that responds to the needs of the Iraqi economy and is consistent with the government's curriculum plans and the package of financial and economic reforms that the ministry is working to achieve."
Sudanese advisor: Approval of the budget in a special session of the Council of Ministers tomorrow
Adviser to the Prime Minister, Diaa al-Nasseri: The budget for the current year will be approved in a special session of the Council of Ministers tomorrow, Monday.
Shaddad announces the date of the vote on the budget law by the Council of Ministers
The representative of the National State Forces Alliance, Ali Shaddad, announced that the Council of Ministers has completed the final draft of the 2023 budget law.
Shaddad said, in a statement that {Euphrates News} received a copy of, that: "The law will be voted on tomorrow, Monday, in an extraordinary session."
He added, "The budget law will reach the House of Representatives after it is voted on by the Council of Ministers to be read and voted on to enter into force."
Shaddad continued, "The budget law will regulate the country's financial affairs for the remainder of the current year, and many segments of Iraqi society will benefit from it."
Al-Ataba publishes a package of fatwas from the Grand Ayatollah Sistani on selling and renting banknotes
The "Twelve Imams" website has re-published a set of legal questionnaires from the archives of the office of the supreme authority, Ali al-Sistani, on "selling currencies."
Question: Does the bank have the right to buy and sell foreign currencies for cash with a financial increase?
Answer: He has the right to do so
Question: Is it correct to deal with counterfeit (adulterated) paper money?
Answer: It is forbidden and not valid to deal with counterfeit or invalid banknotes - those with which the dealer deceives people - if the person to whom the currency is paid is ignorant that it is adulterated or counterfeit.
Question: If a Muslim borrows a sum of money from a Muslim, then after a period of time the market value of that currency declines, is he obligated to pay the lender the amount he borrowed himself or what is equal to its market value at the time of fulfillment? Is there any difference if the lender is an infidel?
Answer: He pays the same amount borrowed, without any difference in the lender between a Muslim and an infidel.
Question: Is it permissible to sell banknotes?
Answer: Banknotes, since they are numbered, may be sold to each other differently, regardless of their gender, for cash or credit, so it is permissible to sell five Kuwaiti dinars for ten Iraqi dinars absolutely, and with the union in gender it is permissible to differentiate in selling them for cash, and as for credit, it is necessary to leave it as a precaution.
Question: Is it correct to rent a currency in a currency other than it, such as renting a dollar for a specific period in an Iraqi dinar?
Answer: It is not valid to rent paper currency.
Question: Is it permissible to buy the US dollar against the Australian dollar from exchange shops? Is it permissible to work in exchange shops in Dubai, including the exchange of currencies?
Answer: It is permissible to sell banknotes to each other equally or preferentially with different genders, or with their union if the sale is for cash, as well as on credit with different sex, but with the union, it is not without problems.
There is nothing wrong with working in exchange shops, while avoiding illicit and usurious transactions.
Question: Is it permissible for a person to buy cash and give a specific profit in exchange for it?
Answer: There is nothing wrong with selling foreign currency in the local currency, even if it is for more than the market value (forward), but it is not permissible to increase the named price in return for extending the period.
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Al-Kazemi: Attempts to demonize my government, and corruption devoured 600 billion dollars of Iraqi money
In the first dialogue
In his first interview since the end of his duties at the head of the government, former Prime Minister Mustafa Al-Kazemi affirmed that "there are those who are trying to demonize me and blame my government for all the defects of the political system and previous governments in the past twenty years," while revealing that "corruption has devoured more than $ 600 billion from Iraq's money was used for the benefit of individuals, party and military entities, and regional roles.
Al-Kazemi said in an interview with Asharq Al-Awsat, followed by “Nass” (March 12, 2023): “Unfortunately, there are those who want to clean up their bad history in governance, and for this they blame the Al-Kazemi government, which has no party, militia, or parliamentary bloc,” accusing those parties of obstructing his government work.
Al-Kazemi considered the return of Iraq to its Arab depth as natural, while respecting the interests of all its neighbors, stressing that the Shiite authority in Iraq supports this approach, pointing out that Iraq sought to build its relations "from state to state", and on the basis of respect for mutual interests.
Al-Kazemi acknowledged that his government had not succeeded in addressing the "problem of uncontrolled weapons," and talked about the killings that targeted political activists, which were sometimes carried out by elements who infiltrated the security services during the era of previous governments.
He also talked about "3 assassination attempts that targeted him, one of which was a march that hit his house." He recounted that "Saddam Hussein's body was dumped after his execution near his house and the home of former Prime Minister Nuri al-Maliki in the Green Zone."
Al-Kazemi revealed that "the confessions of a detainee led to a paper buried in the desert, which was found by the Iraqi services and helped the Americans eliminate Abu Bakr al-Baghdadi, the leader of ISIS." He spoke of "operations carried out beyond the borders."
The Iraqi president receives an official invitation to visit Iran
The President of the Republic, Abd al-Latif Jamal Rashid, received, on Sunday, a written message from the President of the Islamic Republic of Iran, Ibrahim Raisi, which included an official invitation to visit Tehran.
The media office of the Presidency of the Republic stated, in a statement received by Shafaq News agency, that Rashid received today, at the Baghdad Palace, the Iranian ambassador to Iraq, Muhammad Kazem Al Sadiq, and his accompanying delegation, and received from him the official invitation to visit Iran.
Rashid expressed his thanks and pride in the kind invitation, stressing that it would be answered at the earliest opportunity. He also expressed his happiness for the joint agreement between the Islamic Republic of Iran and the Kingdom of Saudi Arabia to resume relations between them.
The Iraqi President hoped to achieve more positive developments at the regional and international levels.
He stressed the importance of cooperation and joint coordination between the two countries in a way that consolidates security and stability in the region, and the need for serious work to stop conflicts and achieve global peace and security.
In turn, the Iranian ambassador expressed thanks and appreciation for Iraq's efforts in hosting the dialogue rounds, and their importance in reaching a joint agreement to resume relations between Iran and Saudi Arabia.
The ambassador affirmed Iran's keenness and desire to continue joint cooperation with Iraq in a way that secures the advancement of bilateral relations in order to serve the supreme interests of the two countries.
The fifth meeting of the Iraqi-Iranian Joint Economic Committee kicks off in Baghdad
The work of the fifth meeting of the Joint Economic Committee between Iraq and Iran kicked off in the Iraqi capital, Baghdad, on Sunday
The delegation of the Islamic Republic of Iran, consisting of 60 members, headed by the Iranian Minister of Economy and Finance, Ehsan Khandozi, will participate in this meeting, with five committees, according to the Islamic Republic Agency "IRNA".
The Iranian agency quoted the economic advisor of the Islamic Republic of Iran in Iraq as saying that these five committees (committees on trade, land transport, banking finance, investment and energy) are scheduled to meet with Iraqi officials in this meeting to develop trade and investment relations between the two countries in various fields and sign cooperation documents.
It is noteworthy that the Iranian Assistant Foreign Minister for Economic Diplomacy, Mehdi Safri, said earlier that, following the consultations that took place with Iraqi officials within the framework of the current Iranian government's interest in holding meetings of joint economic committees with target countries, especially neighboring countries, the fifth meeting of the Joint Economic Committee between the Republic will be held. Islamic and Iraq in Baghdad during the period from 12 to 14 March.
Safri added that the Iranian delegation, composed of representatives of the government and private sectors, including a group of Iranian merchants, businessmen and economic activists, will head to Baghdad, headed by the Iranian Minister of Economic and Financial Affairs.
And he indicated that this meeting will discuss important issues of cooperation in various fields, including banking, transport, transit, agriculture, investments, insurance, trade, export of technical and engineering services, energy, scientific and sports fields, and others, and various documents will be signed in the field of consolidating bilateral cooperation.
It is worth noting that the volume of trade exchange between Iran and Iraq during the first ten months of the current Iranian year (ending on March 20, 2023) amounted to nearly $9 billion, of which Iranian exports amounted to $8.927 billion, a growth of 23%, while the volume of imports from Iraq reached $146 million, a decrease of 84% compared to the same period last year.
The fourth meeting of the joint economic committee between the two countries was held more than two years ago in Tehran, hosted by the Iranian Ministry of Energy.
Qubad Talabani launches the single window system in Sulaymaniyah Governorate
Baghdad - Nas
Qubad Talabani, Vice President of the Kurdistan Regional Government, opened the single-window system to conduct citizens' transactions within government departments.
Qubad Talabani said during his visit to the Sulaymaniyah governorate building, which is one of the departments in which the single window system was implemented, according to a statement by his office: I am pleased to implement this system as an important part of the service project, explaining: Providing the best services to citizens is one of the tasks that fall on us.
The Deputy Prime Minister of the Kurdistan Regional Government added: The one-window system was implemented today in 5 government departments in Sulaymaniyah Governorate, and in the future the system will be implemented in the rest of the government departments.
One of the advantages of the single window system is that the citizen submits his transaction at one point, and receives the response and the result of his transaction at the same point, and the employee bears the responsibility of following up the transaction room by room, which leads to the elimination of red tape and blocks the way to corruption.
The departments covered by the single window system are the Sulaymaniyah Governorate, the Income Tax Directorate, the Social Security Directorate, the Missing Persons Police Directorate, and the Companies Fees Directorate.
For his part, Samir Hawrami, spokesman for the Deputy Prime Minister of the Kurdistan Regional Government, said, according to the statement, that "the single window system falls under the project of automating the affairs of government departments and institutions and is mainly part of the service project, represented in developing the formula by which the service is provided to the citizen, and the conduct of his transactions in State departments run more smoothly, eliminate red tape and block corruption." He added that "the system will start working in its first phase with five government departments in Sulaymaniyah, and then include other departments," pointing out that "the system includes all departments in other provinces, as well as independent departments."
Hawrami stressed: "One of the advantages of the single window system is that the citizen submits his transaction at one point, and receives the response and the result of his transaction at the same point," explaining that "the employee bears the responsibility of following up the transaction room by room, which leads to the elimination of red tape, and the latter blocks the way to corruption." ".
And the spokesman for the Deputy Prime Minister of the Kurdistan Regional Government continued, "This comes within the service project presented by Qubad Talabani within a package of projects he presented in the year 2013, including the reform project and the automation of government work and affairs, to be implemented later, such as biometric registration, service, company registry, labor law, and the digitization of some of government institutions.
Iran announces reaching a prisoner exchange agreement with the United States
Iranian Foreign Minister Hossein Amir Abdollahian announced on Sunday that Iran and the United States had reached a preliminary agreement for the exchange of prisoners, adding that he hoped that the exchange would take place soon.
"Tehran and Washington reached an agreement in recent days," Amirullahian said in a statement to state television, followed by Al-Maloumah, noting that "if things go well on the American side, I think we will witness an exchange of prisoners in a short period."
Informed sources reported last February that President Joe Biden's administration was in indirect talks with Iran on a possible exchange of prisoners.
The sources added at the time that both Qatar and Britain were playing the role of mediator in the talks, which they said had made progress, according to the American "NBC" News.
NBC News stated at the time that the American and Iranian sides were discussing a formula previously discussed in 2021, which includes a possible prisoner exchange and the release of billions of dollars of Iranian money in South Korean banks.
and of course
Sunday, the White House denied Iranian assurances that a prisoner exchange agreement had been reached between Washington and Tehran.
Iran announced that it had reached a preliminary agreement with the United States to exchange prisoners, Iranian Foreign Minister Hossein Amir Abdollahian announced on state television, Sunday.
Abdullahian expressed hope that the agreement would result in a prisoner exchange soon.
However, a White House official denied the Iranian statements, and said, "The United States is committed to securing the release of Americans detained in Iran."
A White House National Security Council spokesman said, "The claims by Iranian officials that we reached an agreement to release American citizens wrongfully detained by Iran are false."
The spokesman added, "Unfortunately, Iranian officials will not hesitate to make things up, and the recent harsh allegations will lead to more grief for the families of Siamak Namazi, Imad Sharqi and Murad Tahbaz," referring to 3 Iranian-Americans with dual nationalities being held in Iran.
A deputy sets three conditions for voting on the 2023 budget in Parliament - Urgent
Today, Sunday, Representative Nayef Al-Shammari set three conditions that must be included in the budget before voting on it, at a time when the Council of Ministers is preparing to approve it tomorrow and send it to Parliament.
Al-Shammari said, in a clarification followed by "Baghdad Today," that "tomorrow, Monday, at ten o'clock in the morning, the budget will be approved in a special emergency session of the Council of Ministers."
He added: "As for us, we confirm that we will vote on the budget when it reaches Parliament, in the event that there are those whose contracts have been terminated and those who have been formally dismissed. The budget includes risk allowances for Nineveh police personnel.
Earlier today, Finance Minister Taif Sami announced the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it.
After sending it to the government.. Was the region's share in the draft budget decided?
A member of the House of Representatives, Thaer Makhaif, revealed, on Sunday, the continuation of the Kurdish parties’ controversy by demanding that their percentage in the general budget be fixed at 14%, while he confirmed that the government confirmed 12% of the region’s share after meetings and studies.
Makhaif said in an interview with Al-Maalouma agency, "The region's share, according to the population census, is 12%, and this is what the government did during the current budget."
He continued, "The Kurdish parties threatened to exit the political process as a result of the government's refusal to increase the region's share of the general budget," pointing out that "the government confirmed the region's share of the general budget law at 12% after many meetings and studies."
And regarding the region's policy during the negotiations of the political forces, it shows that "the Kurdish parties use political pressures in the event that the negotiator is easy with them, but the Iraqi will of the national forces is not flattering by increasing the percentage at the expense of the rights of the Iraqi people."
A member of the Kurdistan Democratic Party, Mahdi Abdul Karim, told Al-Maalouma that "the most important axes that were discussed between the Kurdish delegation and the central government is the approval of the oil and gas export law from the Kurdistan region," adding that "the delegation demanded an increase in the region's share by a rate ranging between 14% to 17% of the general budget.
A member of the coordination framework, Ibrahim al-Sukaini, revealed in an interview with Al-Maalouma, "One of the reasons for the delay in completing the general budget is the government's endeavor to impose its control over all the country's imports," stressing that "the new government is conducting discussions and understandings with the leaders of the region in order to regulate the export of oil and make it within the framework of the law."
After setting the date for its approval.. The Sudanese advisor announces the content of the budget
The economic and financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed today, Sunday, the most prominent items that will be included in the federal budget for the fiscal year 2023
Saleh told Al-Furat News that: "Social spending, according to the government program approved by parliament last October, is the most prominent issue in the operational aspect of the budget."
"What is meant here is social welfare and combating poverty and unemployment," he added.
Saleh continued, "As for the investment side, infrastructure or basic services will have priority, especially municipal services related to people's lives, such as water and sewage networks, roads, schools, hospitals, and others."
And the advisor to the Prime Minister, Diaa Al-Nasseri, announced that the draft budget law for the current year 2023 "will be approved in a special session of the Council of Ministers tomorrow, Monday."
And the Minister of Finance, Taif Sami, announced today, Sunday, the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it. As well as providing a safe cover for strategic and sustainable development projects.
The region's delegation arrives in Baghdad and resumes its talks with oil tomorrow
The delegation of the Kurdistan region arrived, Sunday evening, in the capital, Baghdad, to resume its talks with the Ministry of Oil tomorrow.
The leader of the Democratic Party, Wafaa Muhammad Karim, told Al-Furat News that: "The delegation of the Kurdistan Region arrived today in the capital, and the government delegation includes elements of the Change Movement."
"As for the members of the union, they are still boycotting government work in the region," he added.
Karim said, "The delegation will visit the Oil Ministry for the purpose of meeting with it on Monday morning."
Earlier, the official spokesman for the Kurdistan Regional Government, Jutiar Adel, announced that a delegation from the regional government will visit Baghdad to discuss the draft federal oil and gas law.
Adel said in a statement, "This law will solve many problems in general, especially in the oil sector in Iraq, in addition to the relations between Erbil and Baghdad, and for the Kurdistan Region to be a key partner in decisions related to the oil industry effectively."
The 2023 budget sees the light with 4 “historic” features that were not witnessed in previous budgets
The 2023 budget is preparing to see the light after leaving the folds of the Ministry of Finance to move to the final stage in the government corridors, specifically to the Council of Ministers, which it is hoped will approve it tomorrow, Monday, to send it to the House of Representatives, to enter a new phase in the legislative corridors and enter the stage of revealing and amending the numbers that will be The Iraqi people are fully aware of it.
And the Minister of Finance, Taif Sami, announced the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it, indicating that "the completion of the preparation of the project comes under exceptional circumstances witnessed by the global economy, and it came to deal with the effects of international, regional and local economic challenges."
And the Minister of Finance indicated that "the next draft budget will focus on development priorities, support for the social protection network, and the most needy groups, as well as providing a secure cover for strategic and sustainable development projects," noting that "during the past months of the life of the new government, we worked to extract a budget responsive to the need." The Iraqi economy is consistent with the plans of the government curriculum and the package of financial and economic reforms that the ministry is working to achieve.
For his part, the advisor to the Prime Minister, Diaa Al-Nasseri, confirmed that the draft budget law for the current year 2023 will be approved in a special session of the Council of Ministers tomorrow, Monday.
3 "historic" features
This budget does not acquire its importance from being the first budget more than a year after the approval of the last budget, and the end of last year 2022 without a budget. 130 trillion dinars in the 2021 budget.
The other advantage is that the budget will include a focus on caring for vulnerable groups, in addition to the fact that it will include huge allocations for investment projects and not focus on the operational side only, as it is expected that 40% of it will be allocated to investment projects, which is unprecedented in the history of Iraqi budgets as well.
And the government economic advisor, Mazhar Muhammad Salih, the advisor, explains that “social spending, according to the government program approved by the House of Representatives last October, is the most prominent issue in the operational side of the budget,” noting that “what is meant here is social welfare and the fight against poverty and unemployment.”
Saleh continued, "As for the investment side, it will have priority for infrastructure or basic services, especially municipal services related to people's lives, such as water and sewage networks, roads, schools, hospitals, and others."
Thus, the budget is characterized by 3 unprecedented "historic" features, starting with its size as well as its priorities towards social concerns, in addition to the large amount of money that will be allocated for investment projects.
How long will it take?.. Another historical feature
Beliefs and indications are that this budget will be passed in "record time" compared to previous budgets, which is "unprecedented" and additional historical.
A member of the Parliamentary Finance Committee, Jamal Cougar, said in a televised statement followed by “Baghdad Today” that “according to the contexts, after the Ministry of Finance and Planning finished preparing the budget, it will be sent to the Council of Ministers for a vote,” noting that “in the event that there are objections or observations by the ministers Each according to his ministry on the budget is amended and the amendment is voted on and returned to the Ministries of Finance and Planning to make final amendments to it and then re-send it to the Council of Ministers for a final vote on it,” noting that “this process is supposed to take no more than a week.”
And he explained, "After that, it is sent to the House of Representatives, and the period of its approval depends on the mechanism for formulating the budget, where if justice and legal observations are achieved, that is, there are no violations. Therefore, the representatives will defend the budgets of their governorates, constituencies, and ministries affiliated with their political party."
Cougar indicated that "this time the administration of the state coalition that forms the government is the same that controls the House of Representatives, so it is assumed that there will be a shortening of time in approving the budget," believing that "it will be passed in record time and not as we have seen in other budgets."
Regarding the differences over the percentage of the share of the Kurdistan region, Cougar considered that the article of the region's share is not the article that obstructs the budget and is usually postponed to the last two days before the budget is approved and an agreement is reached on it, noting that "the two parties confirmed that they had reached an agreement in this regard."
Sudanese visit Washington next week
to solve outstanding problems
An informed source said today, Saturday, that the Sudanese Prime Minister, Muhammad Shia'a, is preparing to visit the US capital, Washington, during the next few days, before the start of Ramadan.
The source told "Baghdad Today" that "Al-Sudani is accompanied by a high-ranking Iraqi delegation visiting the United States of America before the month of Ramadan to solve most of the outstanding problems between Iraq and Washington."
He added, "The invitation came after Al-Sudani proved his seriousness in resolving differences with Washington."
This visit comes about a month after the visit of a high-ranking Iraqi delegation headed by Foreign Minister Fuad Hussein to Washington last February, but the visit and its results were overshadowed by ambiguity, while observers described it as having yielded nothing, and the delegation did not succeed in persuading Washington to postpone or ease restrictions on The electronic platform.
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