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DinarThug

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  1. LINK A delegation from the region will visit Baghdad tomorrow to meet Al-Kazemi 04/09/2021 18:57:12 A delegation from the Kurdistan region will visit the capital, Baghdad, tomorrow, Saturday, and meet with Prime Minister Mustafa Al-Kazemi. Informed sources said that "a delegation from the Kurdistan region, representing a number of political parties, will visit tomorrow, Saturday, the capital, Baghdad, and meet with Al-Kazemi and discuss the details of the Kurdistan region’s share in the federal budget law and the latest developments." She pointed out that "the delegation of the Kurdistan region, which is scheduled to visit Baghdad tomorrow, Saturday, has nothing to do with the negotiating delegation of the regional government, and what is there is that a number of parties will send representatives to the Federal Prime Minister to discuss the share of the Kurdistan region in the budget and the latest developments in Iraq and the region." On March 31, the House of Representatives approved the federal fiscal budget for 2021, with total expenditures amounting to 129 trillion dinars (about $ 88 billion), while it recorded a deficit of 28 trillion (about $ 19 billion). Estimated revenues from exporting crude oil were also calculated on the basis of an average price of $ 45 a barrel, and an export rate of 3.250 million barrels per day. On Thursday, the President of the Republic, Barham Salih, ratified the budget law and stressed "the necessity to implement its provisions." The MP for the Patriotic Union of Kurdistan, Rizan Sheikh Dleir, revealed that "the share of the Kurdistan region in the budget law amounted to about 13.5%," stressing that "this time the region must adhere to all the agreed upon provisions of the budget law, not as it was in the past when the region disavowed." From the agreement, only the federal government’s share of the region’s oil will be cut. She indicated that "now the region must send half of the revenues, with the value of 250 thousand barrels per day of crude oil, to send its share.
  2. Wtf - Are U Kidding ? It’s So Frickin’ Close - That It’s Breaking The Rules For ‘Social Distancing’ !
  3. Yo Snap - Did The Deputy Governor Of The CBI Just Talk About The RV Of The Dinar ! Somebody Wake Up Bro And Have Him Repeat This Tweet ...
  4. LINK The International Development Bank opens a branch in Kirkuk governorate 9th April, 2021 The International Development Bank opened the bank’s branch in Kirkuk Governorate to provide the best modern banking and electronic services to the people of the province, in a successful positive step towards promoting development and moving the economy wheel in the province. The opening ceremony was attended by the Deputy Governor of Kirkuk, Assistant Director General of the Central Bank of Iraq, the Mosul Branch, representatives of the House of Representatives, and a group of business leaders and investors, in the presence of the staff of the General Administration of the International Development Bank. The bank said in a statement received by "Al-Iqtisad News" that, under the auspices of the Chairman of the Board of Directors of the International Development Bank, Dr. Ziyad Khalaf Abd, the bank opened its branch in the province of Kirkuk, which is located on Baghdad Road opposite the Rafidain Bank, the Black Gold Branch, to provide the best modern banking and electronic services to the people of the province. In a positive and successful step towards promoting development and moving the wheel of the economy in the province. He added that the bank aims to provide support to the banking, investment and commercial sector, finance large, medium and small projects, spread and enhance banking culture, complete the processes of localizing salaries of the public and private sectors, and implement the instructions and directives of the Central Bank of Iraq first hand. He pointed out that all attendees praised the work of the International Development Bank throughout Iraq and its sophisticated and sober plans for the progress of banking work and achieving the best desired results and contributing to growth and prosperity after the bank had achieved great successes and strategic partnerships with major international companies and international and regional institutions and its application of all international standards to work, and its use of the most recent systems of banking technology, digital transformation and advanced electronic services, and keeping pace with the latest global banking practices and solutions.
  5. When U’ve Heard About All Of The Crap That Goes Into A Hot Dog - U Pretty Much Know About A ‘Frank’ !
  6. Looks Like Now It’s On The 20th ! LINK The Presidency of Parliament congratulates the deputies for their efforts and sets the date for the start of the second legislative term 8th April, 2021 The Presidency of Parliament has set the date for the beginning of the second legislative term - the third legislative year. The Parliament's Media Department stated in a statement that Mawazine News received a copy of, that “Parliament presidency, based on Article 57 of the Constitution, the House of Representatives holds an annual session with two legislative seasons of eight months. Only after approval the public decided to end the first legislative term." He added: "As the Presidency of the Council congratulates you for your sincere efforts by MPs, committees and parliamentary blocs to approve the federal budget for 2021, it announces that the beginning of the second legislative term / third legislative year will be on Tuesday 20/4/2021". ########## Parliament presidency sets the date for the start of the second legislative term LINK
  7. LINK Central Bank Governor and British Ambassador discuss a "significant" rise in reserves 8th April 2021 Central Bank Governor Mustafa Ghaleb Makhif and British Ambassador Stephen Hickey discussed the noticeable increase in the bank’s reserves. The bank said in a statement, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mkhaif, received the UK Ambassador to Iraq Stephen Hickey today, Thursday, and the meeting dealt with several matters, including the noticeable increase in the foreign reserves of the Iraqi Central Bank. The statement added that "the ambassador emphasized that the remarkable increase in the foreign reserves of the bank supports the economic situation in Iraq and puts it in a good and stable stage." The statement pointed out that "the governor and the ambassador visited the new building of the central bank, which was designed by the late architect Zaha Hadid and viewed the stages of development, as the ambassador indicated that the new central bank statement would be a qualitative addition to the capital, Baghdad."
  8. Ya, TexasGranny Is Really Smart - I Wonder If She Can Help U With Getting Control Of Ur ‘Splitter’ Fastball ? That Frickin’ Thing Is All Over The Place ...
  9. LINK The President of the Republic ratifies the Maronite Law 13:44 - 04/08/2021 The President of the Republic, Barham Salih, approved today, Thursday, the Federal Public Budget Law for the current year. President Saleh said, after approving the budget in a statement received by the information, that “the approval comes to secure the necessary needs of our people, and to finance the salaries of employees and retirees and the necessary government expenditures in a way that achieves social justice for all regions of Iraq and all segments of society.” He stressed, “the need to adopt financial and economic reform and support the various economic sectors in a way that contributes to supporting the goals of development and progress,” noting that “approving the budget is an important step towards meeting citizens’ entitlements, and strengthening the role of the departments concerned with implementing the budget’s provisions and with the concerted efforts of everyone to achieve what is hoped for in blocking The needs of citizens and the reconstruction of the country, and take the utmost measures to support the low-income classes, provide job opportunities for young people, and continue the path of reform and combating corruption. The approval of the President of the Republic came after the law reached the Presidency of the Republic from the House of Representatives after it was voted on in the House.
  10. LINK Trade Bank of Iraq 7th April, 2021 For the launch of the electronic banking app, please visit our branches after (2021/04/15) for the purpose of updating your bank account data to enjoy these services when they are launched in early May 2021. Let’s Bro !
  11. Thx TG - He’s Also Having Another Problem Above ! Plus He Could Use Some Help With His ‘Splitter’ !
  12. Hmmm ... - And Launching Just Before The End Of Ramadan ! LINK Trade Bank of Iraq 7th April, 2021 For the launch of the electronic banking app, please visit our branches after (2021/04/15) for the purpose of updating your bank account data to enjoy these services when they are launched in early May 2021.
  13. LINK Al-Saffar: Budgets after 2003 amounted to 1500 billion, which are sufficient to build two states the size of Iraq in the desert 8th April, 2021 The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, stated that the country's budgets since 2003 and so far have reached 1500 billion, which are sufficient to build two states the size of Iraq in an uninhabitable desert, criticizing the size of corruption in the country and stressing that it needs a bold treatment, will, decision-making and punishment. Al-Saffar said in a televised interview that "the Iraqi citizen has come to know the extent of corruption, since 2003 until now there have been 1500 billion in budgets, and thus two countries the size of Iraq can be built in an uninhabitable desert," noting that "Iraq is always at the bottom of the corruption classification list in the world." Al-Saffar believed that “Iraq's biggest problem is corruption, and every attempt to rebuild the infrastructure and economic sectors collide with corruption,” stressing that “corruption can only be eliminated through a strong government, especially since corruption has become a system that needs to be addressed and boldly will, and to make a decision and punish The corrupt, ”adding that“ if the corrupt are the bosses and have power and influence within government institutions, the process is not without difficulty and needs a period of time to eliminate it.” Corruption, which has cost Iraq twice as much as its gross domestic product, i.e. more than $ 450 billion, is the most prominent concern of Iraqis who suffer from a lack of services, the provision of drinking water, electricity, hospitals and schools. Regarding criticism of the increase in the exchange rate of the US dollar against the Iraqi dinar, Al-Saffar stated that “the validity of monetary policy in general is exclusive to the Central Bank, and the policy of determining the exchange rate with the determination of the interest rate, the monetary mass and the legal reserve are all tools that fall within the monetary policy of the country, and it is not permissible In any case, interfering with the independent work of the Central Bank. He continued, "In some countries, there is coordination between fiscal policy and monetary policy through coordination and interaction between the Ministry of Finance and the Central Bank to achieve specific goals represented in development and economic stability to support sectors and others." The decision of the Finance Committee stated that “the policy of devaluation of the national currency is sound, which is to encourage development and various economic sectors and achieve some kind of economic progress, but it needs two necessary things. The first is the need for the state to have a strong and effective production apparatus that responds to any change that occurs in the overall demand for consumption. And the second relates to the investment environment, because the process of devaluation has a number of effects, including the rise in the price of the foreign currency, and consequently the increase in the price of imported goods, and here the total demand is heading towards local products,” according to Al-Saffar. The decision of the Parliamentary Finance Committee added that “if the productive apparatus is strong, it responds to the increase in consumer demand as a result of the change in the currency exchange rate, and it results in activating, encouraging and revitalizing internal economic activity, but if the opposite is what happened in Iraq, which is that the country does not have a strong production apparatus. And depends for most of its needs on the external market and the inability of local production to meet the high demand, will lead to inflation, and this is what happened with high prices in a crazy way. Al-Saffar explained that "the change in the exchange rate was only 23%, but what happened in the market is a rise in some commodities by 300%, such as medicines, spare tools and others, and there are some commodities that rose by about 100% and others by about 40% or 50%," adding that "the bank The Central Council consulted all parties with a decision to reduce the value of the Iraqi dinar against the dollar, but in Iraq there is clear interference by political blocs and influential parties in the work of the government and institutions in general, and even Parliament is a reflection of the orientations and visions of these political blocs. And he continued: “A meeting took place with the Parliamentary Finance Committee, but it happened after the meeting of Prime Minister Mustafa Al-Kazemi with the heads of political blocs, and he explained to them the existing financial situation and that the state is unable to pay salaries and wages and that the current price does not achieve sufficient revenues for the operational budget only, and for this reason there is no A solution is to either deduct salaries at rates of about 50% or change the exchange rate of the dinar against the dollar, and this is an indirect deduction. On December 20, Iraq decided to reduce the value of the dinar against the dollar to 1450 instead of 1184, to contain the financial crisis, but the decision caused stagnation in economic movement and an increase in commodity prices in the local markets. He pointed out that “there is agreement from the political blocs about raising the currency exchange rate, and the Finance Committee was notified, but the latter did not agree unanimously, and I was one of those who objected to this large degree of devaluation of the dinar, and I was with the change but with the adoption of a creeping or gradual rate, For example, the change is made this year to 1,300 dinars, and next year another change is made, and so on. According to my opinion, the price change from 1190 dinars per dollar to 1450 is big, because the Iraqi market does not bear this rise and big change. On passing the budget, he noted that “the Parliamentary Finance Committee has made a great effort in this budget, because it is one of the most difficult budgets in the history of Iraq. It comes in difficult circumstances represented by financial, health, political and security crises, and more than this there are early elections, so everyone without exception used The draft budget for electoral campaigning, and for this they agreed to change the exchange rate, but they went back and declared that they are against this decision even though they know that this issue is within the jurisdiction of the Central Bank. The House of Representatives voted on Wednesday (March 31, 2021), on the Federal Budget Law for the Republic of Iraq for the year 2021 as a whole, after months of heated debate over the law between political parties. Al-Saffar added, "The Finance Committee received the draft budget on December 28, 2020, which is a late date, because according to the law, the project must be with the Finance Committee before October 15, so that enough time is allowed for it and the budget is approved before January 1," adding: "The first reading of the draft budget was on January 9, and the presence of the Finance Committee in Parliament hinders its work due to reviews and the attendance of MPs for discussions, and thus a waste of time." Al-Saffar went on to say, “The Finance Committee held about 47 morning and evening meetings during which we hosted more than 350 spending unit officials, and we changed the project from a project as a rigid financial paper that is merely items for distribution at the gates of spending, to a project with an economic and social vision that could serve the economic sectors and move The wheel of the country's economy, in order to be able to get out of this rentier state, which if it continues like this, then that means that the economy of Iraq is moving towards the unknown. He noted that “the operating budget was more than 90% and we reduced it to 80%, and we also reduced public spending from 164 trillion dinars to 129 trillion dinars, while the deficit was 71 trillion dinars and we reduced it to 28 trillion dinars, and revenues were 93 trillion dinars and we raised it to 101. One trillion dinars.” Regarding the impact of raising the exchange rate on the Iraqi citizen, Al-Saffar stated that “the government was supposed to take measures preceding the change of the exchange rate, and it should have expected a rise in the prices of imported goods, and thus the demand for the local product that must satisfy the local need,” adding: “We have put in place an article.“ The government is obligated to take a package of measures that alleviate inflation and the negative impact of raising the exchange rate, including raising the sums of families benefiting from the salaries of social workers, and we have directed the Ministry of Trade to provide the ration card items, whose quantities can double in the month of Ramadan.” As for the citizens' dissatisfaction with the delay in the distribution of the ration card items and the poor quality of them, Al-Saffar said: “I am not with the distribution of the ration card as materials, because of corruption, the lack of delivery of the ration card items at the specified time, the incomplete number of items, and the poor quality, some of which are not suitable for human consumption.” He explained: "I am in favor of paying a cash sum with the card to the beneficiaries and those who are at the level of poverty, because he will be free to choose and know his need for the materials and he chooses the quality and quantity he needs." Al-Saffar saw that this proposal “contributes to revitalizing the market and economic movement, especially since there are about 8 million Iraqis below the poverty line.” Usually the ration card is a “veiled insult to the Iraqi individual, and more than 60% of the ministry’s effort goes to the ration card.” And on the adoption of the price of selling a barrel of oil in the federal budget for 2021, Al-Saffar indicated that "the budget that was sent from the government was based on a price of 42 dollars a barrel, at a time when the price of a barrel was 52 dollars, and the correct way is to adopt a conservative price, but not with that big difference." Adding: "I was with the adoption of 50 dollars a barrel, especially since the price of a barrel of oil now is about 63 dollars, and this indicates a big difference." The reporter of the Parliamentary Finance Committee explained that “every additional dollar in the price of a barrel brings about a trillion and a half trillion Iraqi dinars to the budget, and if the price of a barrel of oil reaches about $ 65-70, then the deficit will be fully covered, and the budget will be balanced, and the remainder of the funds can be used. As a revolving balance for the repayment of internal or external loans. Regarding his vision of the government’s work, he said, “Prime Minister Mustafa Al-Kazemi has put together an excellent program in theory, despite it being a transitional government, even if it has a regular course to set a program according to the usual time period.” As for the share of the Kurdistan region and the agreement that was made in the budget regarding it, Al-Saffar added that “the President of the Kurdistan Regional Government, Masrour Barzani, and through his follow-up and his presence on the line constantly with the Kurdish negotiating delegation and the Finance Committee during the past months, he was in constant presence with what is being done in Baghdad. Therefore, he builds his expectations on objective matters through what is present in the Iraqi arena of orientations against achieving stability or development in the economy so that it is not counted against the current government. He stated that "there are those who go to a central mentality and do not understand the federal federation and the existing decentralization, and for this reason, the article related to the Kurdistan Region in the budget witnessed a very difficult birth, and as a result of marathon visits to the Kurdistan Region delegation and we stayed in Baghdad for more than 3 months, until we were able to come out with this." Article is the result of political consensus.” And he added that "the President of the Kurdistan Regional Government, Masrour Barzani, is afraid of the coup of some blocs and their lack of cooperation or preventing the government from implementing its program, because there are those who do not settle for an opinion." The Kurdistan region’s share of the budget increased from 12.67% to 13.9%, after many negotiating rounds and repeated visits to the delegation headed by the Kurdistan Regional Government’s Vice President, Qubad Talabani. The value of the budget amounted to 89.7 billion dollars, about 30% lower than the last budget approved in 2019, at a time when Iraq, the second largest oil producer in OPEC, is going through its worst economic crisis. The total value of revenues in the 2021 budget, approved by Parliament on Wednesday night, amounted to about $ 69.9 billion, calculated based on the export of crude oil at the price of $ 45 a barrel, and the rate of export of three million and 250 thousand barrels per day. The value of the deficit in the current budget amounted to 19.8 billion dollars, compared to 23.1 billion in 2019, noting that Iraq did not approve the 2020 budget due to political tension. It is noteworthy that the value of the deficit in the budget bill proposed by the government to Parliament amounted to $ 49 billion, but the deputies filled the difference by canceling debts and dues owed by the state in exchange for energy sources from the account, especially Iranian gas and energy dues, and other payments for infrastructure. The value of investments in the budget for 2021 amounted to 19.6 billion dollars, compared to 27.8 billion in 2019. As stated in the budget, 80% of the revenues come from oil, and includes 250 thousand barrels produced by the Kurdistan Region, a condition imposed by the government to pay the salaries of employees. ############## Parliamentary Finance: The budgets since 2003 are sufficient to build two states the size of Iraq in the desert LINK
  14. Nah, I Wouldn’t ‘Change’ A Thing - And Especially Not The 2nd Amendment If Ur Ever ‘Home Alone’ !
  15. LINK On the expectations of the decline of the Iraqi economy .. Al-Kazemi advisor talks about solutions 8th April 2021 The financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh revealed, on Thursday, the reasons for the expected decline of the Iraqi economy by the World Bank and the International Monetary Fund, while noting that the best solution is the advancement of the agricultural sector. Saleh said in an interview with Shafaq News, "The International Monetary Fund and the World Bank expect the Iraqi economy to decline in the coming years because they assume that the situation continues in Iraq, as there is an expansion in spending and a decline in non-oil revenues, and that dependence on oil is increasing," indicating that "the latter" It is considered a dangerous matter, especially as the cycle of oil assets fluctuates between ups and downs. Consequently, debts are increasing and crises are increasing, which is a major problem. He added, "The population of Iraq is increasing annually and multiplying, therefore, without effective and strong economic reform, its meaning remains dependence on oil and dependence dangerous, especially since oil for the next ten years may be effective in the life of countries' economies, but as a priority it appears to diminish and thus reliability is difficult." Saleh pointed out that "Iraq has a way to solve these problems, which is to reform the economic situation in a continuous and balanced manner," noting that "reforming the economic situation must be taken into consideration unemployment in Iraq, whose solution is one of the most important priorities, given that the citizen needs work to live, not necessarily." That it should be through government employment, but through activities that guarantee people, even if it is in the private sector, and this requires enormous legislative power. " He added, "There are other solutions, which are to properly launch development through a partnership between the state and the private sector in principle, in order to achieve sustainable development that guarantees the right of future generations, not to transfer the current burdens on the next generation, but rather to transfer to them prosperity, prosperity, infrastructure and work prospects, not the opposite and this goal Required". Saleh stressed that "the best solution is the advancement of the agricultural sector. This does not mean neglecting industry and other activities, but agriculture is the strategic alternative to oil, especially that Iraq has enormous potentials to invest its lands, as there are 23 million dunams of agricultural land, of which we use 11 dunums per season." He added that "this requires a great strategy in the field of water and a great strategy in the field of agricultural land management," explaining that agriculture will rid you of dependence on oil as the only resource for the public budget, provide food security, provide job opportunities, and turn Iraq into an advanced agricultural country. Saleh explained that "the developed countries at the present time have not abandoned agriculture despite the strength of the United States industrially, because the greatness of their economy also lies in agriculture, and the same is the case for New Zealand and Canada, where the latter is still considered an agricultural country, especially in the cultivation of grains despite its progress in other activities." Salih stressed the importance of following methods that would "revive the real sector in Iraq, create job opportunities, and get rid of the chaos of dependence on importing foodstuffs from abroad by working and genuinely investing the land in a so-called" green revolution "similar to what the State of Mexico and other countries have followed in the field Reviving lands and developing agriculture. " It is noteworthy that the International Monetary Fund had predicted last February that Iraq's hard currency reserves would decrease to 40.8 billion dollars in 2022 and 33.2 billion in 2023, and an increase in government debt compared to the GDP by 89.8% in 2022.
  16. Yo Snap - She Spoke French ! Better Watch Out For ‘Le Weegie’ ...
  17. Ya, Wtf - Idk Shabb’s ? Maybe Ur Supposed To Be Using A More Gender Neutral Term Like - A’Person’dment ? Perhaps There’s A WokeTokeBeforeU’veSpoke App That Keeps Up With All Of This Crap ...
  18. He Wasn’t - It’s Only Referring To The Ongoing Discussions On The Strategic Dialogue Between The US (Washington) And Iraq ! Butt If Pitcher Wasn’t Out Of ‘Memory Storage Space’ - He’d Probably Come Up With Some Other ‘Fanfare Video’ For U!
  19. Here’s An Article On The Region In General ! LINK Investment funds with Gulf countries 8th April, 2021 by Samir Al-Nasiri The initiative of Mr. Al-Kazemi's government to reconnect with the Gulf states, which began with an important and serious visit by Mr. Rless of the Council of Ministers to Saudi Arabia and the UAE, and to declare the intention to visit all Arab countries after an interruption and suspension of the coordination meetings of the Iraqi-Saudi Coordinating Council after the recent visit of the large Saudi delegation, which included ministers and a large number of up to Government officials and the private sector to Baghdad It is an important initiative to return Iraq to its Arab depth and fortune and openness to building balanced political, economic and security relations with brotherly and friendly countries, in particular with the countries of the geographical region, in which the Arab depth of Iraq is the basis and essence And that it is a sure evidence of the new foreign relations strategy that Iraq has adopted since 2017, and the first of these relations was the emergence of the Coordination Council with the Saudi side and its first meeting in November 2017 in Saudi Arabia and the signing of memoranda of understanding for the previous government during the visit of the former and former Prime Minister, but the relations did not continue according to The goals and principles agreed upon by the two parties for political, subjective and objective reasons To strengthen the Iraqi-Gulf relations in all political, security and economic fields, in particular cooperation in the field of investment, and to establish a joint investment fund between Iraq and Saudi Arabia on the one hand, and between Iraq and the UAE on the other hand, by allocating three billion dollars to each fund with the aim of stimulating investment for strategic projects, particularly those related to electricity, energy and reconstruction It is expected that similar investment funds will be established in the next phase in conjunction with other Gulf countries, and that activating and promoting the initiation of these projects must be consistent with joint cooperation and communication and strengthening banking relations between Iraq and the Gulf countries, especially in foreign banking transactions, and stimulating and encouraging investment companies to invest in Iraq. Promote financing and investment fields Noting that the Iraqi economy is currently going through a critical and complex phase and a stifling financial crisis due to the decrease in its revenues from oil, the main source of the public budget, and this coincided with the outbreak of Corona pandemic and its effects on the economies of most countries of the world, including what the Iraqi economy is currently suffering. One of the government's priorities is to overcome the economic crisis and eliminate the epidemic, in addition to the electoral, political and security tasks. Therefore, it requires the government, especially after the wide international, regional, Gulf, and Arab openness to Iraq and the beginning of building new relationships, and in order for the agreements that resulted from the last visit of Mr. Al-Kazemi in the field of investment to be implemented, the House of Representatives is required to discuss and approve the Construction Council law What concerns us here is the future of international economic, financial and banking relations in general and with the Arab Gulf states in particular and some Arab countries with an influential economic depth and extending bridges of relationship with them in a way that serves the opening of new horizons for communication and exchange of benefits, encouraging Arab investment in Iraq, developing banking infrastructure and technology, increasing inter-banking transactions and creating New ways of cooperating with sober correspondent banks in those countries In conclusion, we call for drawing up a roadmap for communication and joint coordination for the purpose of actually initiating the development of what has been reached from the general guidelines for building and restoring economic, financial and banking relations that were cut off several decades ago. Emphasis on the agreement to develop and open broad horizons for cooperation in the economic and banking fields, correct previous tracks and overcome all obstacles that hinder the building of sound and solid relations
  20. LINK Investment funds with Gulf countries 8th April, 2021 by Samir Al-Nasiri The initiative of Mr. Al-Kazemi's government to reconnect with the Gulf states, which began with an important and serious visit by Mr. Rless of the Council of Ministers to Saudi Arabia and the UAE, and to declare the intention to visit all Arab countries after an interruption and suspension of the coordination meetings of the Iraqi-Saudi Coordinating Council after the recent visit of the large Saudi delegation, which included ministers and a large number of up to Government officials and the private sector to Baghdad It is an important initiative to return Iraq to its Arab depth and fortune and openness to building balanced political, economic and security relations with brotherly and friendly countries, in particular with the countries of the geographical region, in which the Arab depth of Iraq is the basis and essence And that it is a sure evidence of the new foreign relations strategy that Iraq has adopted since 2017, and the first of these relations was the emergence of the Coordination Council with the Saudi side and its first meeting in November 2017 in Saudi Arabia and the signing of memoranda of understanding for the previous government during the visit of the former and former Prime Minister, but the relations did not continue according to The goals and principles agreed upon by the two parties for political, subjective and objective reasons To strengthen the Iraqi-Gulf relations in all political, security and economic fields, in particular cooperation in the field of investment, and to establish a joint investment fund between Iraq and Saudi Arabia on the one hand, and between Iraq and the UAE on the other hand, by allocating three billion dollars to each fund with the aim of stimulating investment for strategic projects, particularly those related to electricity, energy and reconstruction It is expected that similar investment funds will be established in the next phase in conjunction with other Gulf countries, and that activating and promoting the initiation of these projects must be consistent with joint cooperation and communication and strengthening banking relations between Iraq and the Gulf countries, especially in foreign banking transactions, and stimulating and encouraging investment companies to invest in Iraq. Promote financing and investment fields Noting that the Iraqi economy is currently going through a critical and complex phase and a stifling financial crisis due to the decrease in its revenues from oil, the main source of the public budget, and this coincided with the outbreak of Corona pandemic and its effects on the economies of most countries of the world, including what the Iraqi economy is currently suffering. One of the government's priorities is to overcome the economic crisis and eliminate the epidemic, in addition to the electoral, political and security tasks. Therefore, it requires the government, especially after the wide international, regional, Gulf, and Arab openness to Iraq and the beginning of building new relationships, and in order for the agreements that resulted from the last visit of Mr. Al-Kazemi in the field of investment to be implemented, the House of Representatives is required to discuss and approve the Construction Council law What concerns us here is the future of international economic, financial and banking relations in general and with the Arab Gulf states in particular and some Arab countries with an influential economic depth and extending bridges of relationship with them in a way that serves the opening of new horizons for communication and exchange of benefits, encouraging Arab investment in Iraq, developing banking infrastructure and technology, increasing inter-banking transactions and creating New ways of cooperating with sober correspondent banks in those countries In conclusion, we call for drawing up a roadmap for communication and joint coordination for the purpose of actually initiating the development of what has been reached from the general guidelines for building and restoring economic, financial and banking relations that were cut off several decades ago. Emphasis on the agreement to develop and open broad horizons for cooperation in the economic and banking fields, correct previous tracks and overcome all obstacles that hinder the building of sound and solid relations
  21. LINK Al-Kazemi marks an "achievement" and affirms: Our people deserve to live in peace, not conflicts and adventures 8th April, 2021 The Iraqi Prime Minister, Mustafa Al-Kazemi, on Thursday, considered the strategic dialogue that took place with Washington, an achievement and a gateway to restore the normal situation in Iraq. On Wednesday, Iraq held the third round of strategic dialogue with the United States, with the participation of the foreign ministers of the two countries, as well as representatives of the economic, energy and cultural sectors. Al-Kazemi said in a tweet on “Twitter” that “the results of the third round of strategic dialogue are a gateway to restore the normal situation in Iraq, and what Iraq deserves, and it is an achievement that we congratulate our peace-loving people. He added, "Dialogue is the right way to solve crises. Our people deserve to live in peace, security and prosperity, not conflicts, wars, fugitive weapons and adventures." In its third round, the dialogue dealt with the files of politics, security, economy, energy, education, culture, environment, human rights, and heritage, and stressed the need to provide the necessary protection for the demonstrators. The first round was held last June, while the second round took place in August 2020. The previous two rounds included taking steps on the path to reducing US forces, in light of continuous pressure from political parties that are categorically opposed to the foreign presence.
  22. LINK Legal: The amendment to the budget is from the gate of the Federal Court 19:46 - 04/07/2021 The legal expert, Yahya Al-Bahadli, considered, on Wednesday, that the opinions issued on the amendment of the exchange rate of the dollar after the parliament voted on it in the budget is like a "miracle" and will not be achieved except through the Federal Court. Al-Mansour said, in a statement to / information /, that “one of the conditions for amending any paragraph in the budget must be through the Federal Court exclusively, and no other party can decide the amendment if the Federal Court does not give permission to do so.” He noted that "the Federal Court at the present time does not have the powers to consider or issue sovereign decisions due to the incomplete ranks of its judges, and therefore the issue of adjusting the budget will not be as easy as some imagine because, after the approval of the Presidency of the Republic, it will be enforceable in the Ministry of Finance." He pointed out that, "In addition to the impediment of the Federal Court, this procedure will not take place until after the Presidency of the Republic ratifies it within a period not exceeding 15 days, and therefore any statement in this regard after an early election announcement for the parties."
  23. LINK Barzani welcomes the new round of the Iraqi-American strategic dialogue: an important step and positive progress 8th April, 2021 The President of Kurdistan Region, Nechirvan Barzani welcomed today, Thursday, the third round of the strategic dialogue between Iraq and America, returning it an important step and positive progress for the future of relations and common interests in all fields. Barzani wrote on his page on the social networking site "Twitter" and followed by Shafaq News, that the third round of the Iraqi-American strategic dialogue is an important step and a positive progress for the future of relations and common interests in all fields. Barzani welcomed and supported this dialogue, wishing him success and fruitful results in all aspects.
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