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DinarThug
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Posts posted by DinarThug
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Mazhar Saleh: 72% of SOEs are {losing}
Saturday 17th April 2021
Baghdad: Hazem Muhammad Habib
The financial advisor to the Prime Minister Mazhar Muhammad Salih said that out of the 173 public or state-owned companies, only 28% work and make profits, and the rest 72% are losing companies, pointing out that there are nearly 400,000 workers in these companies who receive monthly grants in the form of salaries Without performing productive work.
Saleh said to Al-Sabah: “Since 2003, the production activity of the government sector has been subjected to stoppage and neglect.
Out of the 173 public or state-owned companies, none of them actually works at the present time and makes only 28% profit.
While the remaining 72% are losers, "revealing that" more than 20% of those companies were removed from existence due to the war operations that took place in the second Gulf War and led to the demise of the previous regime.
"Profitable public companies are those associated with the rentier activity of the oil sector, which enjoy quasi-monopolistic advantages in obtaining raw materials and marketing the product and prices, which makes them profitable, and they are profitable operations surrounded by a lot of support,
"noting that" there are about 400 thousand workers who receive monthly grants in the form of salaries Without performing productive work for eighteen years, "affirming that" the fault is not the fault of these workers and employees, but the reason is due to negligence and negligence in the economic policy that depends on oil and neglecting any other resource. "
Saleh pointed out that “technical expertise has diminished due to lack of accumulation of human capital, learning during work, transfer of technology, or renewal of production lines that have become technically obsolete.”
He added that “the Ministry of Finance has attempted to support the operation of these companies and their factories by providing them with operational capital (after that I guaranteed them with government bank loans) but unfortunately nothing was achieved on the ground and the money went in vain, explaining that “these loans are estimated with a loss of interest at about 16 trillion dinars.”
And that “these loans and funds were unable to move the wheels of production, raise productivity and maximize efficiency.
Production, especially in industrial companies that exceed 80% of state-owned companies, "and added that" these loans remained, due to their sovereign guarantee by the Iraqi government, an integral part of the current government debt and calculated with it until the moment. "
Ministers, that "According to the White Paper adopted by the Government of the Republic of Iraq in the year 2020 as an economic reform approach, those losing state-owned companies that are suspended or lagging should turn into profitable and productive companies, to increase the diversity of Iraq's GDP and reduce the heavy losses incurred by the national economy.As well as raising its financial burdens and shifting them to maximize the diversity of non-oil revenues in the sources of the federal public budget.
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3 hours ago, Markinsa said:
@Karsten I completely understand.
Some people just rub us the wrong way, please keep in the mind the source and move on.
You can also use the ignore feature.
Lol - Thx For Weighing In To Maintain The Civility Mark !
And Just A Reminder That The Mod’s Here Are Regular DV Member Dinar Investors - As Well As NON PAID Volunteers Here !
Just In Case If Anybody Wants To Start A ‘Defund The Mods Movement’ !
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A breakthrough is imminent." Adviser to the Prime Minister: Three factors to curb the rise in prices
04/16/2021 11:27:04The Prime Minister’s Adviser for Economic Affairs, Mazhar Muhammad Salih, identified three basic factors to limit the rise in prices of goods and commodities in the local markets.
Saleh pointed out in a press statement, "There is an emergency seasonal price gap controlled by the increase in the prices of some imported food commodities that are determined by the global stock exchanges, for reasons related to the recession that hit the global economy last year, and as a result, the costs of producing foodstuffs increased."
This coincides with the increase in global demand for food in light of the openness of the economy and international trade this year due to the expansion of vaccination levels against the Corona epidemic and the rapid opening of global markets compared to the previous year.
He added that "Iraq is currently living in the months of the agricultural transition from the winter season to the summer, which are months when foodstuffs are scarce in most, which is what drives them to increase their prices."
Despite stressing the government's responsibility to protect consumers and maintain reasonable prices, Saleh pointed to "3 basic factors to limit the rise in prices, the first of which is the provision of sufficient hard currency for the commercial sector to finance foreign trade requirements, and the second is customs taxes and reducing them to the lowest possible level, especially those related to them."With basic food items."As for the other factor, Saleh said, "It is related to the upcoming summer agricultural season which is approaching, which will provide a great food supply in the following weeks."
It is noteworthy that the month of Ramadan falls this year in light of a significant increase in food prices, especially after the official authorities decided to reduce the dinar against the dollar.
The devaluation of the local currency cast a shadow over many low-income citizens, as not only the middle and poor classes were affected, but the decision affected merchandise merchants who import goods and pay their value in dollars.And the pressure on Iraqis increases during Ramadan, the continuing outbreak of Corona, as the impact of the precautionary measures extended to the abolition of Ramadan traditions that had been in place for decades, specifically those inherited social customs that the Iraqis did not leave in the most difficult circumstances that the country had previously experienced.
Among the most prominent customs that the Corona pandemic has stopped is the overcrowding of markets with people who shop before breakfast.The sellers were frustrated because of the lack of buyers in the market, and he says that the month of Ramadan every year was a month in which there was a lot of commercial movement, and it usually represented a source of great profits for traders, but the current wave of high prices changed that this year at least.
They held the government responsible for the rise in prices, noting that the devaluation of the dinar against the dollar in the state budget for 2021 - which was approved at the end of last month - led to an increase in the value of goods by more than 20%.-
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Parties and militias put Iraq on Europe's list of high risk countries in money laundering crimes
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13 Hours Elapsed
Researcher Shatha Khalil *
The inclusion of Iraq by the European Union in May 2020 in the list of high-risk countries for money laundering and terrorist financing came as the warnings of the European Union ambassador in Baghdad, Martin Hutt, about the seriousness of the situation, confirmed that there are foreign powers that are using Iraq as a battlefield by the proxy to implement their agendas.
Regionalism, which increases internal and regional instability, and everyone should realize that a weak and unstable Iraq can only end up in failure with disastrous repercussions in the region and beyond.
While the government of Mustafa Al-Kazemi is struggling to ensure that the salaries of employees, retirees, and beneficiaries of the social protection network continue to be paid, after the sharp decline in public treasury revenues due to the decline in oil prices under pressure with the outbreak of the Corona virus, those efforts received great disappointment after the re-inclusion of Iraq by the European Union in May 2020 is on the list of high-risk countries for money laundering and terrorist financing, along with North Korea, Iran, Afghanistan, Syria and Yemen, which has had catastrophic economic and financial repercussions on Iraq.
After the American invasion of Iraq in 2003, Iraq became a fertile ground for the emergence of money laundering networks that benefited from the repercussions of the radical change of the political system and the accompanying political, economic and security chaos fueled by feverish competition between political factions and representatives of ethnic and sectarian components for their possession of the largest possible amount of power and influence, which facilitates Exploiting state resources and collecting money that found its way abroad through organized and politically covered money laundering operations,and this was the main reason behind the disruption of control mechanisms over the movement of money and trade with other countries in light of the state of comprehensive openness to the global economy, despite the creation of many Regulatory bodies, such as the Federal Integrity Commission (CoI), offices of inspectors general in government ministries, agencies and institutions, as well as the Federal Office of Financial Supervision (FBSA), the Economic Crimes Directorate in the Ministry of Interior and the Economic Security Department of the National Security Agency, all of these The bodies were unable to combat this phenomenon due to political interference that used insecurity and sectarian warfare as a cover and a pretext to evade more.
More than a decade of pressure exerted by the World Bank and global financial institutions that have repeatedly threatened to put Iraq on the blacklist if it does not enact an anti-money laundering law, which did not happen until 2015 when the House of Representatives passed Law No. 39 on combating money laundering and terrorist financing Which provides for the establishment of the Anti-Money Laundering and Combating Terrorism Financing Council, which grants broad powers, as well as the formation of an office within the Central Bank of Iraq (CBI) called the Anti-Money Laundering and Combating Terrorism Financing Office.
The first report of the "Basel" index for combating money laundering (AML) for the year 2012 placed Iraq in the sixth place among the worst countries in the field of combating money laundering.
This was called by the European Union in July 2016 to place Iraq on the list of countries that do not apply international standards, while the The European Union - in a goodwill gesture, by removing Iraq from its blacklist in 2018 despite its ranking first in the Basel Anti-Money Laundering Index report for 2017 as the most dangerous country in this field, yet the Iraqi government failed to take advantage of that, and lost an opportunity To improve the country's image by taking steps towards assuaging the concerns of its international partners.
Since 2003, Iraq has been included in a horrific corruption list that includes all the joints of the country, and the sources of money laundering are divided into the following:
Investment budgets: were allocated by successive Iraqi governments after 2003, and their estimates range between 300 to 500 billion US dollars, for the purpose of rehabilitating infrastructure and developing public facilities.They were a major source of profit for the ruling parties by allocating corrupt contracts and tenders to shell companies or Ineligible or ineffective in return for huge commissions believed to be not less than a fifth of the value of each contract, and these contracts were often executed in a non-conforming manner, or their delivery periods were extended for additional years under the pretext of insecurity.
Oil smuggling:In addition to the survival of the southern oil export platforms without meters until the end of 2017 and the use of the ullage method to measure the volume of oil tanker cargoes that were costing Iraq thousands of barrels of oil per shipment per centimeter not calculated, and the oil pipelines extending between fields and ports continue, Which operates to this day without meters, including at the level of oil fields, secondary pumping stations and refineries, and to be the preferred target for stealing crude oil and its derivatives.These practices are estimated at between 100 thousand and 250 thousand barrels per day of Iraqi oil production, in addition to Other aspects of administrative corruption in calculating the quantities of oil entering and leaving the refineries, in the central and northern regions, the oil fields and oil smuggling networks that were financing ISIS after the fall of the city of Mosul in mid-2014 are still operating as usual, albeit in favor of the Shiites loyal to Iran, so the militias are in cooperation with The Kurdish parties themselves are also active in oil smuggling Producer in the Kurdistan region, this leads to the accumulation of huge funds that must be laundered in order to facilitate their integration into the global financial system.
Drug trafficking and smuggling and arms trade: Before 2003, Iraq was free from this poisonous trade, and the laws of the state became as far as possible, as it was one of the cleanest countries in the region for this scourge; After this date, the consumption of local drugs became one of the most profitable and fastest growing businesses due to the involvement of Shiite militias and armed clans in them, especially in Basra Governorate, which is witnessing a fierce conflict around it.The monopoly of their smuggling routes from Iran to Iraq, which often manifests itself in armed clan conflicts.
The problem of out-of-control border crossings, until the beginning of July 2020, the land, sea and air border crossings remained completely outside the authority of the state due to the control of outlaw forces and militias over them, not to mention the Kurdistan crossings, the area whose government has refused since 2003 to enable the federal government to supervise According to the constitution, this costs the public treasury estimated losses between 5 and 10 billion dollars annually as a result of customs evasion and organized smuggling that is practiced there.
Reflection of the decision on the Iraqi economy:
Following the European Commission’s decision, Iraqi Foreign Minister Fuad Hussein issued a statement expressing his surprise at the inclusion of Iraq on the list of countries with high risks in money laundering and terrorist financing. He recalled the measures taken by Iraq during the past two years, as Iraq is deemed to have met all the conditions for being removed from the blacklist. However, the state of denial revealed by the minister's statement reveals a number of indicators, the most important of which are the following:
Money laundering has become entrenched in the structure of the political system as one of the manifestations of financial corruption that placed Iraq at the top of the list of the most corrupt countries in the world.
Money laundering has strategic importance with regard to Iran's plans to secure financial support for its allies and proxies in Syria, Lebanon, Yemen and Bahrain, by taking advantage of the uncertain Iraq situation from the perspective of the American administration, which does not seem to be in the process of a complete division with Baghdad until the elements of the Iraqi rejecting interior have matured. For Iranian hegemony over the country.
Because everyone has been involved in laundering operations, whether they are supportive of his government, neutral or not.
The absence and backwardness of the tax system and banking systems in Iraq, which made it difficult to keep pace with the movement of funds, verify their owners and settle their tax status, and the lack of clear controls for banks and exchange offices that are selected to participate in the hard currency auction, especially those that do not provide actual banking services and whose records are It is fraught with irregularities, and the failure of regulatory and judicial institutions to track down people whose Central Bank of Iraq data reveal that they have transferred billions of dollars with forged import permits.
The lack of legal cover to follow up on people who show manifestations of wealth that are not commensurate with the jobs and businesses they do, or are not commensurate with the prices of the services and goods they sell, especially if they are below the cost price or do not even cover transportation costs, such as fruits and vegetables imported from Iran As happened in June 2020 when Iraq imported $ 70 million worth of Iranian tomatoes, even when Iraqi farmers in the Kurdistan region threw their produce on the streets because there was no one to buy them.
More importantly, the great influence that the loyalist factions and their backers Hezbollah play within government institutions, which makes it difficult to stop the money laundering operations carried out in Iraq and linked to various illegal activities, from the smuggling of oil, drugs and weapons to kidnappings and the imposition of fees on businessmen and investors, in particular. In the Sunni provinces.
In July 2020, Iraq announced a political and diplomatic campaign with European countries to remove its name from its list of high-risk countries that witness money laundering and terrorist financing operations, as this poses a risk to the Iraqi economy and foreign investments on its soil, as the implications of this listing impose further restrictions on transfers Finance from and to Iraq, as it gives a sign of distrust by global financial institutions, including the ten banks called mothers, which control the capital in the world, and which will put Iraq in front of serious financial sanctions, which make it difficult for Iraqi and European investors to work in the country that is already suffering. From a stifling financial crisis.It will have a harmful economic and social impact on cooperation with European countries and on the credit situation and foreign investment in the country.
Everyone's interest is for everyone to contribute to the establishment of a prosperous, internally and externally stable, strong and sovereign Iraqi state as a basic condition for the stability of the region.Economic Studies Unit, Rawabet
Center for Research and Strategic Studies-
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High oil prices, thanks to improved demand outlook
09:11 - 04/16/2021
Oil prices rose to a new level for four weeks, thanks to positive data for the US economy, and expectations of increased demand from the International Energy Agency and OPEC, while countries recover from the Covid-19 pandemic.
After rising nearly five percent on Thursday, Brent futures rose 36 cents, equivalent to 0.5 percent today, to settle the settlement price at $ 66.94 a barrel, while US West Texas Intermediate crude advanced 31 cents, or 0.5 percent, to close at $ 63.46, according to Reuters.And those are the highest closing prices for benchmarks since March 17 for the second day in a row, extending their gains for the fourth consecutive session for the first time since February.
"Oil is beginning to integrate with the rise in stocks and is receiving more support from the decline in the dollar," said Jim Ritterbusch, president of Ritterbusch & Co. in Galena, Illinois.
US retail sales rebounded more than expected in March as Americans received more checks for relief from the pandemic, while the COVID-19 vaccination allows for a broader return to economic sectors.
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Representative Finance: Taxes imposed in the budget are applied retroactively
16th April 2021
The Parliamentary Finance Committee confirmed, today, Friday, that the taxes imposed in the budget are applied retroactively.
A member of the committee, MP Abd al-Hadi al-Saadawi, said that“taxes are calculated in the budget for an entire year, starting on 1/1 and ending on December 31,”
pointing out that “the general budget law is annual,
so that the tax is taken retroactively.”
Al-Saadawi explained that"the federal budget comes into effect after its publication in the Iraqi newspaper Al-Waqa'i’ and the issuance of final instructions on it,
"indicating that" until now, the Al-Waqa’i ’newspaper has not published the budget,
and the instructions have not been published until it is implemented by the ministries."
He pointed out that "it is possible that it will come into effect at the end of Ramadan and take legal measures within ministries and agencies until they are implemented,
with the exception of some articles that have been appealed to the Federal Court,
which is supposed not to enter into force until a decision is reached by the Federal Court."
He indicated that "a parliamentary bloc has challenged five articles in the 2021 budget, including the exchange rate, Article 11, guarantees and sovereign loans, and whose contracts have been canceled in the security ministries and the Popular Mobilization Forces," noting that "there is another article that will be challenged related to the tribal separation."He continued, "This article was attached to the tables and not in the budget texts, and everyone knows that the tables are very important, and this paragraph did not appear even to the members of the Finance Committee."
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Lol - Thanks For All Of The Previous Comments From GypsyGirl, ShixJr, Jaygo, LuvAlife And Screwball !
And Even U Too PH-Man ...
Now Enough Of This ‘Crap’ - And Back To The Iraqi News !
Yo Snap - I May Have Spoken Too Soon ...
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1 hour ago, PrehistoricMan said:
Wow. Talking about straining to find something. No you did not literally call him the devil. That was not my point. But havent you over the years made fun of him? Denegrate him? I might be wrong on this but dont you often say he and Mtn Goat need to get a room or words to that effect? Dont you denegrate the blue couch? You make jokes constantly about Frank. That is what I mean by labeling him a devil. So yeah I didnt lie. You do do that. In fact you make a lot of homosexual jokes about Luigi and Bruce and Mark Z right? Just going through your history I can see you have done it.
Lol ! Those Are ‘Pumper’ Jokes - ‘Butt’ Feel Free To Put Me On Ignore If U Don’t Enjoy Reading It !
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7 hours ago, PrehistoricMan said:
Yes Frank is the devil.....
7 hours ago, PrehistoricMan said:haha In the rumor section he claims the other site is the devil etc.
48 minutes ago, PrehistoricMan said:Ok. Tell me one untrue thing I have said. If I have lied somewhere, I promise I will leave.
U Stated That I Claimed ‘The Other Site Is The Devil’ - When In Fact It Was U Who Made That Comment About Frank !
See Ya ...
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On 2/26/2018 at 9:32 AM, DinarThug said:
(by samson)
Decision of the Parliament about the provision of more than 3 billion dinars for the absence of deputies
26th February, 2018
The decision of the House of Representatives, the architect Niazi Oglu, on Monday, the provision of Parliament more than three billion dinars of its budget for the absence of deputies through the deduction of their salaries. "The House of Representatives and the Presidency, like other institutions and other presidencies that have been agreed on the consensus and quotas in the political process," noting that "the House of Representatives adopted in the absence of the MP was fined and cut from the salary for MP 500 Thousand dinars for every day absence without excuse. "He added that "the Presidency has already warned the political blocs in the absence of members and did not see any response to the presence of the absentees," pointing out that "the Presidency since the beginning of the session could not control the absences." "The parliamentary committee, which was formed to amend the rules of procedure of the House of Representatives for more than a year, has not worked, as the amendments committee," said Niazi Oglu in the next parliamentary session, "there will be an amendment to the rules of procedure of the House of Representatives and the adoption of a law for the parliament to act as an independent institution." Constitutional. "
He pointed out that "the Presidency has implemented its decision to fine the absentee MPs, and the parliament saved more than three billion dinars for the absence of deputies throughout his term Parliamentary "elections.On 12/21/2017 at 2:53 PM, DinarThug said:(by don961)
The document .. Finance directed banks and its affiliated departments to continue on Friday and Saturday
The Ministry of Finance, all the departments and formations affiliated with it, to continue over the next two days, attributed the reason to complete the work and tasks before the end of the financial year .
An official letter from the ministry, addressed to the departments, banks, financial institutions and companies, dated 20 December 2017, that "the Undersecretary instructed that on Friday and Saturday (22 - 23 December) an official time for all financial formations."
"The decision was made for the purpose of completing the work and tasks before the end of the fiscal year," the authors said, charging the financial departments with "responsibility for any delay in the work due to meet the interests of citizens."
It is considered that "the employee shall be absent if he is not present, including managers" .
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Official time at the Ministry of Finance on Friday and Saturday
Date of release: 2017/12/21 13:36{Baghdad: Al Furat News} The Ministry of Finance decided to take on Friday and Saturday official time, until the end of the current fiscal year 2017.
The Ministry of Finance media in a press statement received by the agency {Euphrates News} a copy of it today that "the ministry directed all its departments and departments and banks in all governorates of the country on Friday and Saturday."
"The decision was made with a view to completing the financial, business and tasks before the end of the current fiscal year," he saidOn 11/22/2016 at 9:02 AM, DinarThug said:CNN. Broadcasting While Talking Oil And Making 'Crude' Comments !
(by walkingstick)
Oil bill "waiting for" an amendment to a vote by agreement between the Kurdistan National
11/22/2016
Revealed the Commission on oil and energy parliamentary, all efforts to pass a draft oil and gas law, as amended, accusing some of blocs and political parties to derail approval for "incompatible with the interests", while the speaker of parliament adviser count to modify it "has become inevitable," the Kurdistan Alliance confirmed submit proposals received b "admissibility" of the National Alliance on the project.
Political blocs, "you do not want to" pass a law to preserve the "interests"
A member of the Committee, Awad al-Awadi, in an interview to the (long-Presse), that "the failure to pass the oil and gas law in parliamentary sessions the previous two due to a political decision rather than a technical", accusing some blocs and political parties to "not wanting to maintain law and incompatible with the political and partisan interests." .He revealed al-Awadi, for "seeking views on the Commission to prepare a new draft law agreed upon by the political blocs to be passed in the parliament and the law is passed as soon as possible", referring to the importance of the "enactment of the law to organize the work in the oil and gas extraction and an end to the differences between the governments of the center and the provinces and the Kurdistan region on View industry oil. "
Amend the draft oil and gas law "has become inevitable."
It said adviser Chairman of the Board of Representatives for Energy Affairs, Ali Fayad, said in an interview to the (long-Presse), "The amendment of the draft oil and gas law during the current session has become inevitable after the expansion of the size of the differences it, as well as the new consensus that formed on the basis of the current government." noting that "the project, which was launched during the previous parliamentary sessions is still under discussion and criticism of some of the blocks in which a lot of problems and injustices right to see, particularly the Kurdistan Alliance."He noted Fayad, that "some blocks sought to modify the project and asked again began since the second session of the parliament and continues without doing about my grandfather," expected to "play to the oil and gas committee studying the proposals made by some of the blocks to modify the project and re-put to the vote." .
Kurdistan proposals are to "admissibility" National blocks
In turn, the Alliance MP and head of the Oil and Energy Committee in the House of Representatives Iaraz Abdullah Ahmad, in an interview to the (long-Presse), "The draft oil and gas law has long taken a great deal of discussion of the political blocs as regards imports of the center and the region and revealed through a lot of facts lost on the region benefits, "pointing out that" the project has received during the discussions of the importance of negotiating committees by the Kurdistan alliances and national efforts that led to the formation of the current government. "Ahmed said, "The Kurdistan Alliance has prepared a paper containing a set of proposals on the project were discussed during the meeting of negotiating committees, where they enjoyed the admissibility and the interest by both parties," stressing that "the committee agreed to put forward strongly by the Council of the next House of Representatives sessions in preparation for reading and approval."
The Commission on oil and parliamentary power, in (the sixth of September 2011), that the draft oil and gas law submitted by the government to the parliament, involves a "constitutional violation" to confiscate the right of the provinces and territories, indicating that it is possible to amend the draft law and enriching to reach a suitable formula to be agreed upon between the political blocs.
The Iraqi government announced, in (28 August 2011), on the ratification of the draft oil and gas law, and decided to submit them to Parliament for approval, while Deputy Prime Minister for Energy Affairs Office, Hussain al-Shahristani, on the second of July, the government introduced "some adjustments" to the draft oil law, which is long overdue and reviewed by the Committee on energy Council of MinistersOn 4/13/2021 at 11:26 PM, DinarThug said:Btw, This Is BIG - IMPLEMENTATION OF THE WHITE PAPERS BIG !!!
HUGE ...... MASSIVE ..... COLOSSAL .... HUEVOS GRANDE ...
Al-Kazemi waives the "secret" immunity from the most senior officials in the Iraqi state!
Policy , 2021/04/13 19:57 ,
Readings: 822 Baghdad - Iraq today:Prime Minister Mustafa Al-Kazemi changed the strategy of the governments that preceded him, when he stopped the secret "immunity" that was granted to senior state officials, and allowed for the first time the Iraqi judiciary and oversight bodies to proceed with the follow-up of corruption files that were the cause of political will Therefore, large heads began to fall into the window of the anti-corruption agencies, and "all those involved in corruption files have become concerned," and some political forces can no longer defend their officials or try to prevent the judiciary from pursuing them.
Observer and political analyst Hassan al-Khafaji says to (Iraq Today), "The prime minister is proceeding well with his program designed to combat corruption and stop the corrupt at certain limits. Indeed, we see Al-Kazemi attached his program to this, with a more important step, which is" to lift the political and secret immunity that was set to protect Executives in front of the country.
He pointed out that "this clear government abandonment of any official involved in any file, but encouraged and strengthened the determination of the regulatory bodies in following up the suspended files, and pushed Al-Kazemi to speed up the elimination of corruption to turn around after years of disruption."
A source in one of the supervisory bodies, who refused to reveal his name to (Iraq Today), stated that "the government of Prime Minister Mustafa Al-Kazemi has taken courageous, frank and strong steps towards building preventive measures to prevent corruption from penetrating, not to mention that it does not provide any political or legal protection."
For any party or person that suspicions of corruption may hover around it, so the work in the fight against corruption began to take an accelerated nature, and the huge files such as contract files, energy, electricity and other files began to open boldly and credibly in order to know which money Iraq was spent.He pointed out that "all members of the regulatory bodies and their investigators are beginning to really feel that there is a governmental will to tackle and reduce corruption, and that legal accountability has begun to take its course at work."
He pointed out that "the judiciary has issued dozens of recruitment and arrest warrants and various rulings against senior state officials, current or former, which means that an advanced achievement has been achieved during the past months, and this is a necessary and decisive thing in the fight against corruption."
Political analyst Ali al-Rubaie said, in an interview with (Iraq Today), that "the prime minister's clear approach to tackling corruption had appeared since the first months to combat corruption, and the Diwaniya Order Committee numbered 29 is only one of the products of this unabated war on corruption. ".
"We can now talk strongly about the existence of a government will to pursue major corruption cases and close its destructive windows, as Al-Kazemi did in the two files of the notorious currency auction and the border outlets file," he said.
###################
(By Don961)
Al-Kazemi waives the "secret" immunity from the most senior officials in the Iraqi state!
Policy , 2021/04/13 19:57 ,
Readings: 822 Baghdad - Iraq today:Prime Minister Mustafa Al-Kazemi changed the strategy of the governments that preceded him, when he stopped the secret "immunity" that was granted to senior state officials, and allowed for the first time the Iraqi judiciary and oversight bodies to proceed with the follow-up of corruption files that were the cause of political will Therefore, large heads began to fall into the window of the anti-corruption agencies, and "all those involved in corruption files have become concerned," and some political forces can no longer defend their officials or try to prevent the judiciary from pursuing them.
Observer and political analyst Hassan al-Khafaji says to (Iraq Today), "The prime minister is proceeding well with his program designed to combat corruption and stop the corrupt at certain limits. Indeed, we see Al-Kazemi attached his program to this, with a more important step, which is" to lift the political and secret immunity that was set to protect Executives in front of the country.
He pointed out that "this clear government abandonment of any official involved in any file, but encouraged and strengthened the determination of the regulatory bodies in following up the suspended files, and pushed Al-Kazemi to speed up the elimination of corruption to turn around after years of disruption."
A source in one of the supervisory bodies, who refused to reveal his name to (Iraq Today), stated that "the government of Prime Minister Mustafa Al-Kazemi has taken courageous, frank and strong steps towards building preventive measures to prevent corruption from penetrating, not to mention that it does not provide any political or legal protection." For any party or person that suspicions of corruption may hover around it, so the work in the fight against corruption began to take an accelerated nature, and the huge files such as contract files, energy, electricity and other files began to open boldly and credibly in order to know which money Iraq was spent.
He pointed out that "all members of the regulatory bodies and their investigators are beginning to really feel that there is a governmental will to tackle and reduce corruption, and that legal accountability has begun to take its course at work."
He pointed out that "the judiciary has issued dozens of recruitment and arrest warrants and various rulings against senior state officials, current or former, which means that an advanced achievement has been achieved during the past months, and this is a necessary and decisive thing in the fight against corruption."
Political analyst Ali al-Rubaie said, in an interview with (Iraq Today), that "the prime minister's clear approach to tackling corruption had appeared since the first months to combat corruption, and the Diwaniya Order Committee numbered 29 is only one of the products of this unabated war on corruption. ".
"We can now talk strongly about the existence of a government will to pursue major corruption cases and close its destructive windows, as Al-Kazemi did in the two files of the notorious currency auction and the border outlets file," he said.
On 6/5/2020 at 1:37 AM, DinarThug said:Lol ! No - I’m A Proud And Well Documented Shoplifter From Other Dinar Sites For Years !
U’ve Only Been Here For A Little Less Than A Year - But If Use The DV Search Engine U’ll See Several Hundred Postings As In The Samples Above Where I’ve Referenced Where It Came (Or Was Stolen) From !
Nice Try Though ...
5 hours ago, PrehistoricMan said:That is the whole point. He doesnt color it. He just said he copies and pastes it from another dinar site. haha In the rumor section he claims the other site is the devil etc. but then goes to their site and blatantly uses their articles with the coloring. If you bring it out to him though, the hypocrisy of it all, then he tries to paint you with the brush of supporting the other site.
Lol ! (On The Previous Page) I Took The Time To Answer Ur Question - As I Have Done On Numerous Occassion's !
And Yet U Blow Right Past It - So I’ll Drill It Down A Little Bit Further !
There Are (Literally) Hundreds Of Posts Like The First 3 Quoted Above - Where I Reference A Newshound !
However, If I Take The Time To Edit And Reformat It Then I Don’t - Btw, I Posted Within The 4th Quote The Difference At The Bottom !
And For The Record - Ur The One Who Called Frank ‘The Devil’ In The Rumor Section !
Truthfully, Frank Is A Well Documented Lying A$$hat - However, I’ve Always Been Complimentary Towards Other Sites Actual Newshounds !
Some Of Their ‘Sheep’ Acolytes - Not So Much ...
So Again For Clarity, I’ve Loudly And Proudly Shoplifted From Other Dinar Sites For An Entire Decade Here On DV !
And I Sure As Hell Will Continue To Do So ...
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Expand(by don961)
The Secretariat of the Council of Ministers announces the launching of the events of Victory Week by the restoration of Mosul
Journal July 10, 2017
Baghdad - Journal News
The General Secretariat of the Council of Ministers announced on Monday the launching of the Victory Week with the restoration of the city of Mosul from the control of the organization calling the terrorist.
"The events and celebrations of the Victory Week were held on the occasion of the liberation of the city of Mosul in coordination with the ministries and government institutions in Baghdad and the provinces," said an urgent statement carried by the official channel.
Prime Minister Haidar al-Abadi said on Monday that the city of Mosul was completely restored from the control of the terrorist organization, adding that the liberation of Mosul was purely Iraqi efforts on the ground and no foreign forces were involved in the fighting, while the religious authority thanked for issuing the fatwa Fighting for Iraqi forces.Expand(by walkingstick)
Economists: the deletion of zeros hold reformist acceptable facilitate currency exchange
BAGHDAD - Iraq Press - November 24 / November, described the economic expert, Akram Abdel Aziz, central bank's move to lift the zeroes from the local currency, "the reformist aspects of the procedure for the calculation."
He said in a press statement that "the deletion of zeros is the restructuring of the financial and banking sector and revision of the monetary policy."
She continued by saying that "the deletion of zeros facilitates the use of the exchange, accounting and transfer of currencies", noting that it "does not believe that thelifting of the zeroes is useful in other things, particularly with regard to raising the value of the exchange rate or inflation, but is conducting a reform of the aspects of the calculation," noting that " easing inflation needs to restructure Iraq's economy because our economy depends Rei side weighed on oil imports. "
She pointed out that "the lifting of the zeroes procedures are ok, but it must be associated with other elements in order to be positive and bright step to change the structure of the Iraqi economy."
It indicated that the Central Bank of Iraq taught for more than two years the issue of lifting the zeros from the Iraqi currency, but has not taken yet a firm decision in this regard. Ended A.h
Dinarthug you copy and paste every article from his forum and he is a fraud? I guess you are an Angel .
Lol ! No - I’m A Proud And Well Documented Shoplifter From Other Dinar Sites For Years !
U’ve Only Been Here For A Little Less Than A Year - But If Use The DV Search Engine U’ll See Several Hundred Postings As In The Samples Above Where I’ve Referenced Where It Came (Or Was Stolen) From !
Nice Try Though ...
36 minutes ago, PrehistoricMan said:Yet at the link you provide....it is all in black lettering. How is it coming out orange, purple and red here when you copy and paste...unless, you might be getting it off another site that does the coloring?
Yes, And Since U’ve Only Recently Joined Here - I’ll Repost (Above) Some Of How I Responded Last Year To A Butt Sore Troll Newbie ‘Sonia1’ Who Came On Here ‘Shilling’ For Frank !
Enjoy ...
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Cabinet Secretariat for Al-Sabah: Circulation of more than 200,000 documents electronically
Thursday April 15, 2021
Baghdad: Farah Al-Khafaf
The General Secretariat of the Council of Ministers confirmed that more than 200 thousand documents have been circulated electronically since the implementation of the first phase of electronic governance, indicating that the primary goal of the project is to accelerate the completion of transactions and eliminate red tape, bureaucracy, fraud and corruption operations.This comes at a time when the Secretary-General of the Council of Ministers, Hamid Al-Ghazzi, continues to follow up the project by chairing the e-governance committee meetings and directing it in coordination between the authorities to develop the state's performance.In this regard, the spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, told “Al-Sabah”: “The first phase resulted in linking the General Secretariat to all ministries, and since September 2020, more than 200,000 documents have been circulated electronically.”
He added that “the second phase includes linking bodies. And entities not associated with a ministry and the governorates with this electronic system, so that all documents will be circulated electronically, and there will be shortening in time, for example when receiving documents from a department in Basra Governorate to a department in Baghdad, it will take time and effort, and it is possible that the employee will be exposed to danger, this system will spend On these problems with the click of a button, it will also eliminate the forgery of documents if they are handled by hand, and will end cases of extortion and corruption, and eliminate the phenomenon of commentators ».Customs automationMajeed revealed «the existence of a stage to automate customs and border crossings, and will help to recover money after there were corruption operations at border ports and the entry of goods, in addition to electronic collection in which work joints will be controlled and money is prevented from going to corrupt destinations, in addition to controlling The entry of goods after there were smuggling operations ».
Last year, Prime Minister Mustafa Al-Kazemi pledged to fight customs corruption, impose order and extend the law to the ports, pointing to the country's loss of millions of dollars due to manipulation and corruption. A spokesperson for the secretariat continued: “There are other electronic programs that will be applied for birth and death certificates and they will become electronic, as well. National card, passport, deaths, retirement and Social welfare departments".Electronic controlRegarding how to develop work on this project, Majeed pointed out that "the existence of a consultative team has been working for some time to provide consultations for these programs, develop them, and introduce other future programs", pointing to the possibility that government projects established in Baghdad and the provinces may fall within electronic control, especially that "this The program has several stages and needs time, but the government is serious about activating this program and placing it among its priorities, and the General Secretariat has weekly periodic meetings with the advisory team and with the Supreme Committee for Governance, and the stages are continuous and without interruption.Financial challengesThe Secretary-General of the Council of Ministers, Hamid Al-Ghazi, had recently chaired the meeting of the e-Governance Committee, as the advisory team called for more coordination efforts between the relevant authorities of the project to overcome the financial, technical, and legal challenges in order to achieve the goal of the Iraqi government in the issue of simplifying procedures and running the services provided. To citizens inside and outside Iraq, reminding you of the importance of following up on the directives and recommendations of previous meetings.Paper mailMajeed added, saying: “This program was supervised and implemented by the staff of the General Secretariat of the Council of Ministers, the Information Technology Department, in cooperation with the Ministry of Communications, without the interference of any external party, whether local or foreign, and the network is a secure and impenetrable government,” indicating that “ The General Secretariat has succeeded in dispensing with paper mail by 98 percent, and it operates through the electronic system.-
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Al-Kazemi’s advisor sets the goal of the central bank’s monetary policy regarding the dinar
Economie| 07:53 - 04/15/2021
BAGHDAD - Mawazine News ,Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed, on Thursday, the Central Bank's efforts to work on stabilizing the purchasing power of the Iraqi dinar.
According to the official agency, Saleh said, "The Central Bank is working to meet the desired demand of foreign currency by market forces through the window of monetary policy operations, or the so-called auction, for the purposes of financing foreign trade for the private sector, as well as providing a safe level of cash dollars."
He pointed out, "The central bank pushed towards the fixed exchange rate with clarity, transparency and ability, with the supply tools in order to lead to stability in price levels, stability of price expectations, a higher degree of certainty in looking at the levels of price stability and reduced transaction risks for market makers and dealers in it."
He explained that "the monetary policy of the central bank seeks to achieve its goals and achieve its goals according to its enforceable law and its quantitative and price tools aimed at stabilizing the purchasing power of the dinar."
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4 hours ago, DinarThug said:
Totally Brain Dead Sheep Like Petra -
3 hours ago, PrehistoricMan said:Petra is a guy.
And A She’ep !
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6 hours ago, DinarThug said:
The government decides to appeal some provisions of the budget to the Federal Court
15th April, 2021
Prime Minister Mustafa Al-Kazemi announced, on Thursday, his government's intention to challenge some provisions of the budget with the Federal Court, attributing this to the existence of clauses that will "affect" the electricity and health sectors.
Al-Kazemi said in a statement issued on the sidelines of his meeting with a gathering of tribal sheikhs and notables from Al-Muthanna Governorate, which the Tigris received:“Since my assignment, I have confirmed that I will only be a servant of the people. "
We face great challenges, and Iraq has gone through difficult circumstances, and when we assumed our duties 11 months ago, there was the financial crisis and the Corona pandemic, and there were also those betting on the failure of the government, or entering into a civil war, but we were not drawn into this, and our patience and we will overcome challenges one by one."
Al-Kazemi added, “We have taken difficult measures for reform, and in order to protect the country financially and economically,”stressing, “We will file an appeal with some of the budget paragraphs with the Federal Court, because there are clauses that will affect the electricity sector, the health sector, and others.”
"Our problems first need correct management and an honesty approach in order to solve them," he added, adding:
"We have embarked on a campaign of relations with neighboring countries in order to bring in investments to serve our country and its people.
I will personally follow up the conditions of the Muthanna governorate, as well as any demands of its people."################
Al-Kazemi announces his government's intention to challenge the budget law
15th April,2021
21 hours ago, DinarThug said:Preparations for preparing the 2022 budget and a "supplementary" budget in the middle of this year
Thursday April 15, 2021
Baghdad: Shaima Rasheed
The government is preparing to prepare the budget for next year 2022, while the Parliamentary Finance Committee noted the possibility of presenting a supplementary budget in the middle of this The year.
A member of the Finance Committee, Jamal Cougar, told Al-Sabah: “The government formed a committee to prepare the 2022 budget and asked the Finance Committee to name representatives from it to be among The Commission".
He added, "The holding of early elections is what prompted the government to take this step, especially since Parliament must be."
It resolves itself before the election date, and this matter requires preparing the budget for next year so that there is no confusion in this regard, ”indicating that“ the next parliament can vote on the 2022 budget if it was prepared by the Al-Kazemi government, ”indicating“ the government's intention to prepare a supplementary budget in the middle of this year and send it. To Parliament with higher prices34 minutes ago, Luigi1 said:Luigi found this...
The Budget was passed over two weeks ago...why isn't it in Gazette?
Relax Weegie - And Stop Hyperventilating !
Some Portions Are Being Challenged And Will Likely Be Addressed In The Supplemental Budget...
And Quit Following Totally Brain Dead Sheep Like Petra - She’s Just Frankie’s Latest Blue Couch Underling Since Running Off Delta...
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7 hours ago, edithjimmy said:
I just wanted to ask for prayers for my husband. Jimmy
Thank you
Yo Edith ! Prayers Up - And Thx For Keeping The DV Community Informed !
Btw, I Noticed That U Got A Few ‘Confused Emoji (
) Votes’ !
Perhaps Because Some Of The Peeps Thought That This Topic Might’ve Belonged In Another Section - But That’s Just How Edith Rolls !
So Don’t Worry, The Clown Along With The Rest Of DV Have Got Ur Back - And Tell Jimmy For Us To Knock That Damn Cancer Out Of It’s ‘Bunker’ And Keep Up The Battle !
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The reasons for the high prices in Iraq are "hidden" behind a wrong diagnosis .. Is the government wasting its time?
2021-04-15
Yes Iraq: Baghdad
The Iraqi government continues to blame the high prices of commodities and foodstuffs, coinciding with the advent of the month of Ramadan, on one defendant who boils down to "the greed of merchants", which is contradicted by economists, in addition to previous statements of the Ministry of Interior, which seem to have returned empty-handed from its campaigns to monitor food prices.
Prime Minister Mustafa Al-Kazemi, for the second time in a period not exceeding two weeks, removed the accusation of high prices from the dollar and any other reason, accusing greedy merchants of raising the prices of foodstuffs, and while directing the Ministry of Trade to work continuously to provide more foodstuffs in the ration card and to exert its utmost efforts, he indicated "The increase in commodity prices is mostly linked to the greed of some traders, and we have campaigns to prevent this price manipulation."
The interior is empty-handed dating
This threat to campaigns against merchants and prices came after a previous directive, which resulted in the Ministry of Interior coming out with statements denying its ability to reduce commodity prices because they are linked to global and local indicators that are not related to the greed of merchants, which prevents the Ministry of Interior from taking any measures against merchants.
The spokesman for the Ministry of Interior, Major General Khaled Al-Muhanna, said in statements to the official agency on April 5, that after complaints about the rise in some foodstuffs and the Directorate of Economic Crime Control conducted an audit, it became clear that the high prices of oil and sugar were related to a rise in global stock markets due to the Corona pandemic and what came with it “.
In addition to fish and poultry, where the ordeals indicated that the high prices of these two materials came due to global conditions, including the growing demand for foodstuffs, and while he did not deny the existence of some monopoly, the ordeals confirmed that they were in small proportions and were addressed.
Two factors behind the rise in prices ... and they will not decline!
Economists oppose to hold merchants responsible for the rise in foodstuffs, to point out the issue of reducing the value of the dinar against the dollar in Iraq, while they oppose restrictions on merchants as it opposes the principle of the free market in Iraq.
Economic expert Nabil Al-Marsoumi says, "The high general level of prices is the natural result of lowering the exchange rate of the national currency in a country like Iraq that does not have a broad national production base,and it later leads to a decrease in the volume of overall demand, especially the consumption associated with most of it with import, which leads to a reduction in the flow of foreign exchange."
Outside and reducing the deficit of the trade balance and the balance of payments, as it leads to an increase in public revenues in local currency, and then reducing the public budget deficit.
He adds that "this fact is supposed to be clear to the economic decision-maker, who must take some government measures to increase the commodity supply to reduce the prices of some basic commodities consumed by the poor, especially by strengthening the ration card, for example, or supporting consumer cooperative societies."
He shows that "waving an iron beating at the hands of traders and exploiters to reduce prices, it means that the government does not understand its procedures and that it gives a wrong message and a promise to people that the reason for the high prices is related to the merchants and not to reduce the exchange rate, and then they are waiting for the results of the government's iron policy without success, which will expose it to criticism Later, due to its ineffectiveness in reducing prices.
He confirms that "the policy of striking with an iron hand is one of the tools used by countries with planned economies that plan, determine and control prices.
However, this policy is not commensurate with countries that adopt a free market economy, including Iraq that is economically open and commercially exposed at very high rates in which prices are determined."
According to the supply and demand mechanism, in which the state’s role is organizational without interfering with the details of the economic process and determining the prices of cucumbers, onions and poultry.Al-Marsoumi expected that "accordingly, commodity prices will remain high due to the reduction of the dinar exchange rate, which is the most important and because of the rise in global prices of some basic commodities in 2021, the largest in 7 years."
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2 minutes ago, DinarThug said:
And This Just In From The Bab al-Shat Police Station ...
There Weegie Sat Broken Hearted !Tried To Shat - Butt Just Realized He Sharted !
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And This Just In From The Bab al-Shat Police Station - It Looks Like Somebody Shat A Shiite Load Of Money !
I Mean We’re Seriously Talking About Money Out The @$$ - I Shat U Not...
A large amount of hard currency was found in the ruins of a destroyed house in Mosul
15th April,2021
On Thursday, a responsible security source said that a large sum of hard foreign currency was found while removing the rubble from a destroyed house in the old city of Mosul.According to the source in a statement to Shafaq News Agency, information reported that a citizen raised the rubble of his destroyed house in the Old City area by a (excavator mechanism) and a group of workers, as under the rubble of the house a very large sum of money in foreign currency (dollars) was found packed inside barrels Plastic.
The source added that part of the money was looted by the demolition workers and fled to an unknown destination,
pointing out that the citizen informed the Bab al-Shat police station and went to the citizen's house and took the money to the police station.
And as the source indicated that a committee was formed by order of the judge of the Nineveh Investigation Court to inventory the amount.
For his part, another source said that these sums are believed to belong to the treasury house of ISIS in Al-Shahwan district in the old Mosul, indicating that the sums go back to the last days of the organization and its killing in the area that was largely destroyed.
He continued by saying: The drilling operations are continuing to find these amounts.-
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The government decides to appeal some provisions of the budget to the Federal Court
15th April, 2021
Prime Minister Mustafa Al-Kazemi announced, on Thursday, his government's intention to challenge some provisions of the budget with the Federal Court, attributing this to the existence of clauses that will "affect" the electricity and health sectors.
Al-Kazemi said in a statement issued on the sidelines of his meeting with a gathering of tribal sheikhs and notables from Al-Muthanna Governorate, which the Tigris received:“Since my assignment, I have confirmed that I will only be a servant of the people. "
We face great challenges, and Iraq has gone through difficult circumstances, and when we assumed our duties 11 months ago, there was the financial crisis and the Corona pandemic, and there were also those betting on the failure of the government, or entering into a civil war, but we were not drawn into this, and our patience and we will overcome challenges one by one."
Al-Kazemi added, “We have taken difficult measures for reform, and in order to protect the country financially and economically,”stressing, “We will file an appeal with some of the budget paragraphs with the Federal Court, because there are clauses that will affect the electricity sector, the health sector, and others.”
"Our problems first need correct management and an honesty approach in order to solve them," he added, adding:
"We have embarked on a campaign of relations with neighboring countries in order to bring in investments to serve our country and its people.
I will personally follow up the conditions of the Muthanna governorate, as well as any demands of its people."################
Al-Kazemi announces his government's intention to challenge the budget law
15th April,2021
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Because of the dollar .. The Minister of Finance and the Governor of the Central Bank are facing interrogation in Parliament
15th April, 2021
On Thursday, the Parliamentary State of Law bloc revealed a parliamentary move to set a date for the questioning of the Minister of Finance and the Governor of the Central Bank in the new legislative term.The MP for the state of law, Kata Al-Rikabi, told Shafaq News Agency, "The parliament will resume its sessions on April 20, and there is a parliamentary move to set a date for the interrogation of Finance Minister Ali Allawi and Central Bank Governor Mustafa Ghaleb in the new legislative term, after he was late in the legislative term.
Previous under the pretext of the Budget Law. "
Al-Rikabi added, "There are several files that include the questioning of the Minister of Finance and the Governor of the Central Bank, most notably the raising of the dollar exchange rate against the Iraqi dinar."
Last week, the State of Law Coalition announced that it would submit an appeal to the Federal Court with six articles of the General Budget Law for 2021.
Two days ago, the Parliamentary Legal Committee confirmed that the General Budget Law for 2021 has become legally enforceable and that no amendment can be made to its provisions.
The committee indicated that the exchange rate of the dollar against the Iraqi dinar is fixed and cannot be appealed, given that the paragraph is not an addition to the budget law, but rather it is a decision issued by the executive government and the Central Bank and does not contain any violation of the law or the constitution.
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48 minutes ago, screwball said:
Sorry mate they are pumpers and dumpers!
They have no intel just adddimportance to each other!We keep it real say it the way is!
Lol - Yep Screwball !
The Following Comment Is From The Thread (Above) In 2014 - And It Was My Response To A Troll (Who Got Lit Up With Over 30 Negs) After Whining About The ‘Content’ Posted In The Rumor Section Containing The Pumper Guru’s That We’ve Repeatedly Exposed !
As If Somehow We Couldn’t Handle Seeing Their Posts And Needed To Be Protected From It !
This Is Part Of A Post Which Also Included TNT Tony Renfrow’s Long Criminal Rap Sheet ...
Lol - According To U - Ur Tacit Advocation Of Censorship Would Allow For Known Criminals To Get A Free Pass To Continue Their Fraudulent Schemes !
The Pumpers Use Censorship On Their Sites To Keep From Being Exposed !
I Started A Thread Here In The Rumor Section In Mid December Exposing The Federal Criminal Charges Currently Being Brought Against TNT Tony !
By Coincidence 'The Pumper Protection Racket' Dinar Recaps Hasn't Posted A Tony Post Since Then !
It's Obvious That The Recraps Site Cared More For The Criminal Pumpers Than To Inform Their Readership Of These Career Criminal Con Men !
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Deputy: The government began preparing the budget for next year
12:04 - 15/04/2021
Member of the Parliamentary Economic and Investment Committee Nada Shaker Jawdat announced, Thursday, that the government has already begun preparing the 2022 budget, indicating that Parliament will not discuss it.
"The government has actually started preparing the budget for 2022 because of the coincidence of the elections, and that the government will be a caretaker government, as a result of the dissolution of Parliament itself," Jawdat said in a statement to "Al-Maaloumah".
She added that "the government's move to prepare for the preparation of the budget next year came as a result of its coincidence with the holding of early elections, so the Al-Kazemi government will be a government acting because of the dissolution of Parliament itself."
Jawdat indicated that "the current parliament will not discuss the budget for next year, but the budget will be prepared for the next parliament in its new session."-
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Mr. Sadr tweets on the budget and warns
in Iraq & Dinar Related News
Posted
LINK
Dr. Saleh on the rise in the dollar exchange: sacrificing a side of the central bank’s reserves would allow price stability and ensure the stability of the standard of living
14th April, 2021
The economic expert and financial advisor to the Prime Minister, Dr. Mazhar Saleh, said about the possibility of a rise in the dollar exchange rate against the dinar that the rise in prices at a rate of 4.5% affects the consumer's livelihood, but it is not dangerous, considering that the fear is from the accumulation of inflationary expectations from the side of the forces generating inflationary expectations, namely the exchange rate speculators.
In an interview with the obelisk, Saleh considered that it is natural that imported goods and services have increased by reducing the exchange rate of the Iraqi dinar, as the decrease reached about 23% , but there are services and local goods (including government) such as fuel, electricity, and others, which remained constant in price.
The economic consultant, known for his accurate readings, continued that the lease contracts remained stable, making the annual inflation rate measured last month moderate compared to the low exchange rate, as the consumer price index in Iraq recorded an annual increase of 4.5% after it remained throughout the three years.
The past is stable and with small annual rises between 1% and sometimes less, and I call it zero inflation.
The Deputy Governor of the Central Bank of Iraq, Ihsan Shamran Al-Yasiri, said, Tuesday, April 13, 2021, that the World Bank had proposed to Iraq to amend the exchange rate of the dollar to 160 thousand dinars per 100 dollars, as it is the real price.
Dr. Salih added: The price increase at a rate of 4.5% affects the consumer's livelihood, but it is not dangerous, but the fear of the accumulation of inflationary expectations on the part of the forces that generate inflationary expectations, which are the speculators at the exchange rate, which makes monetary policy obliged to meet the super-demand for foreign currency from The window of the central bank or auction and maintaining a fixed exchange rate of 1450 dinars / dollar.
He continued: Defending stability on this price is through the policy of continuous intervention and sacrifice of a side of the central bank’s foreign currency reserves to ensure that inflation remains within the goal of the one-decimal place in order to achieve stability and stability in the standard of living.
And Saleh considered that this is consistent with the monetary policy objectives in achieving stability in the general level of prices and preserving the purchasing power of the monetary income, which is denominated in the Iraqi dinar.
The Deputy Governor of the Central Bank of Iraq had said that "one of the demands of the World Bank during the negotiations to raise the exchange rate of the dollar is to reform the public financial departments, which are taxes, customs, levies and financing part of the financial savings achieved for the benefit of the vulnerable classes."
In the context of urgent solutions, the ration card items must be improved to reduce the damage caused by adjusting the exchange rate, according to economic experts.