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The Central Bank announces that the monetary reserve has exceeded the barrier of $ 90 billion The Central Bank announces that the monetary reserve has exceeded the barrier of $ 90 billion| Economy | Dijlah Satellite Channel - 02-12-2022 07:16 PM- Views:2740 The Central Bank of Iraq confirmed on Friday that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the rise in cash reserves exceeding 90 billion dollars, he expected the introduction of the 20,000 currency at the end of next year, stressing at the same time granting 15 trillion dinars as loans for projects in four areas. Central Bank adviser Ihsan al-Yasiri said that "for the first time, the Central Bank's reserves exceeded the threshold of 90 billion dollars, as this figure is very large and indicates a wall of resistance to the recovery of the economy and a large support for the value of the Iraqi currency," pointing out that "the value of the Iraqi currency or balance exceeded 160%, as the value of the Iraqi dinar reached more than one and a half dinars." He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to support vulnerable and poor groups, retirees with low salaries, those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget." Regarding banking supervision procedures, al-Yasiri said: "The government program is concerned with controlling government banks, and private banks, as the latter are part of the banking sector and are covered by government supervision procedures." He pointed out that "the Central Bank has shifted from its traditional policy, which is to follow up stability, issue money and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars," noting that "this fund contributed to bridging the government financing gap as a result of security and economic challenges and successive oil price declines since 2014 until now." He added that "the bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects," noting that "the initiatives also included the empowerment of women and unemployed youth," in addition to allocating billions of dinars of bank funds to support cultural institutions, including the rehabilitation of Al-Mutanabbi Street, churches, mosques and theaters. Regarding the new 20,000 dinar denomination, Al-Yasiri stressed that "the 20,000 dinars denomination is an average currency between 25,000 and 10,000 dinars, as it will have a role in redrawing the structure of banknotes," noting that "this denomination will be acceptable and with high security specifications." He continued, "The issuance of this category is not related to the budget because the Central Bank has an independent budget, but it is related to printing procedures and the selection of colors and security marks," likely, "the issuance of this currency by the end of 2023."

Central Bank: foreign exchange reserves increased to more than 90 billion dollars Friday 02 December 2022 21:43 | EconomicalNumber of readings: 37 Central Bank: foreign exchange reserves increased to more than 90 billion dollars (ninanews-com.translate.goog) Baghdad / NINA / - The Central Bank announced today, Friday, that the cash reserves exceeded 160% of the value of the Iraqi dinar. "The central bank's reserves exceeded for the first time the threshold of 90 billion dollars, which is a very large number, and represents an indication of the recovery of the Iraqi economy, and a great support for the value of the Iraqi currency," said the Central Bank's advisor, Ihsan al-Yasiri, in a statement to the official agency. He added: "The Iraqi currency is now witnessing a great rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation." Al-Yasiri explained: "The government and the Ministry of Finance have an opportunity to support the fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget."

Turan: Any unilateral step in the Kirkuk issue is doomed to failure Turan: Any unilateral step in the Kirkuk issue is doomed to failure (ninanews-com.translate.goog) Friday 02 December 2022 18:18 | politicalNumber of readings: 149 Kirkuk / NINA / - Head of the Iraqi Turkmen Front, Hassan Turan, affirmed: "Taking any unilateral step in the Kirkuk issue, including reactivating Article 140, will be doomed to failure." Turan said in a meeting of members of the Political Bureau and officials of the branches of the Iraqi Turkmen Front: "The absence of the Turkmen component in the political process is contrary to the constitution and national norms," calling on the three presidencies and political forces to assume their national responsibility and not to prejudice the security and stability of Kirkuk and the Turkmen regions. The head of the Iraqi Turkmen Front renewed the Turkmen's adherence to their national constants and their national entitlement in the cabinet, and their administrative rights in ministries, agencies and local governments./ End

The Central Bank sets a date for offering the new 20,000 dinars currency Posted 26 seconds ago The Central Bank sets a date for offering the new 20,000 dinars currency (iraqakhbar-com.translate.goog) news source /Mawazine News News source / Mawazine News economy | 06:55 - 02/12/2022 Baghdad - Mawazine News The Central Bank of Iraq confirmed, on Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding $90 billion, it expected the 20,000 currency to be offered at the end of next year, confirming at the same time that it would grant 15 trillion dinars. As loans for projects in four areas. The Central Bank’s advisor, Ihsan Al-Yasiri, said, “For the first time, the central bank’s reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a barrier to the recovery of the economy and a great support for the value of the Iraqi currency,” noting that “the value of the Iraqi currency or the balance exceeded 160.” %, as the value of the Iraqi dinar amounted to more than one and a half dinars. He added, "The Iraqi currency is witnessing now A significant increase and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation,” noting that “the government and the Ministry of Finance have an opportunity to support the fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget.” . Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars.” This fund contributed to bridging the government financing gap as a result of the security and economic challenges and the successive declines in oil prices since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing , and trade projects,” noting that “the initiatives also included empowering women and unemployed youth ,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of the banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the central bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “This currency is issued at the end of 2023.” Ended 29 / H

Central Bank: The new 20,000 dinars will be introduced by the end of 2023 Seror sattarone hour ago One minute FacebookCentral Bank: The new 20,000 dinars currency will be launched by the end of 2023 – First News Agency (awla.news) Twitter Share via mail The Central Bank of Iraq confirmed on Friday that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the rise in cash reserves exceeding 90 billion dollars, he expected the introduction of the 20,000 currency at the end of next year, stressing at the same time granting 15 trillion dinars as loans for projects in four areas. Central Bank adviser Ihsan al-Yasiri said in a statement to the official agency followed by (First News): "For the first time, the Central Bank's reserve exceeded the threshold of 90 billion dollars, as this number is very large and indicates a wall of resistance to the recovery of the economy and a large support for the value of the Iraqi currency," pointing out that "the value of the Iraqi currency or balance exceeded 160%, as the value of the Iraqi dinar was more than one and a half dinars." He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to support vulnerable and poor groups, retirees with low salaries, those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget." Regarding banking supervision procedures, al-Yasiri said: "The government program is concerned with controlling government banks, and private banks, as the latter are part of the banking sector and are covered by government supervision procedures." He pointed out that "the Central Bank has shifted from its traditional policy, which is to follow up stability, issue money and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars," noting that "this fund contributed to bridging the government financing gap as a result of security and economic challenges and successive oil price declines since 2014 until now." He added that "the bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects," noting that "the initiatives also included the empowerment of women and unemployed youth," in addition to allocating billions of dinars of bank funds to support cultural institutions, including the rehabilitation of Al-Mutanabbi Street, churches, mosques and theaters. Regarding the new 20,000 dinar denomination, Al-Yasiri stressed that "the 20,000 dinars denomination is an average currency between 25,000 and 10,000 dinars, as it will have a role in redrawing the structure of banknotes," noting that "this denomination will be acceptable and with high security specifications." He continued, "The issuance of this category is not related to the budget because the Central Bank has an independent budget, but it is related to printing procedures and the selection of colors and security marks," likely, "the issuance of this currency by the end of 2023."

With the document .. Al-Sudani presents to the presidency of the House of Representatives candidates for the two vacant ministries in his government With the document .. Al-Sudani presents to the presidency of the House of Representatives candidates for the two vacant ministries in his government (ninanews-com.translate.goog) Friday 02 December 2022 19:48 | politicalNumber of readings: 61 Baghdad / NINA / - The Prime Minister, Muhammad Shia'a Al-Sudani, presented to the Presidency of the House of Representatives the two candidates, Bankin Abdullah Rikani and Nizar Muhammad Saeed Amidi, to fill the vacant Ministries of Construction and Housing, and the Environment. The Presidency of the Council decided to vote on the candidates in the session tomorrow, Saturday. / is over

The Central Bank announces that its cash reserves have exceeded the $90 billion barrier Posted 3 seconds ago البنك المركزي يعلن تجاوز احتياطياته النقدية حاجز الـ 90 مليار دولار - اخبار العراق (iraqakhbar-com.translate.goog) news source /Iraqi News Agency ( INA ) The source of the news / Iraqi News Agency (INA) Baghdad – Informed – Hassan Al-Fawwaz The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding $ 90 billion, it expected the introduction of the 20 thousand currency at the end of next year, confirming at the same time that granting 15 trillion dinars in loans for projects in four areas. The Central Bank's advisor, Ihsan Al-Yasiri, said in a statement to the Iraqi News Agency (INA): "For the first time, the central bank's reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency," noting that “The value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.” He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget. Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars,” noting that “this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops.” successive oil since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects,” noting that “the initiatives also included empowering women and unemployed youth,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “The issuance of this currency at the end of 2023.”

The central reserve exceeded $ 90 billion and revealed the date of offering the 20,000 denomination Time : 2022/12/02 19:03:53 The central reserve exceeded $ 90 billion and revealed the date of offering the 20,000 denomination - Al-Furat News (alforatnews.iq) {Economic: Al-Furat News} The Central Bank of Iraq announced today, Friday, the rise in cash reserves exceeding $ 90 billion Central Bank adviser Ihsan al-Yasiri said in a press statement that: "The cash reserve exceeded 160% of the value of the Iraqi dinar," noting that "the value of the Iraqi currency or balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars." "This figure is very large and indicates a bulwark for the recovery of the economy and a large support for the value of the Iraqi currency," he said. He predicted "the introduction of the 20,000 dinars coin by the end of next year 2023." "Granting 15 trillion dinars as loans for industrial, agriculture, housing and trade projects.

The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 Posted 23 seconds ago The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 (iraqakhbar-com.translate.goog) news source /First News Agency News source / Al Oula News Agency (Encyclopedia of Iraq News for News) The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding 90 billion dollars, it expected the introduction of the 20 thousand currency at the end of next year, stressing at the same time the granting of 15 trillion dinars as loans for projects in four domains. “For the first time, the central bank’s reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency,” said the Central Bank’s advisor, Ihsan Al-Yasiri, in a statement to the official agency, followed by (Al-Oula News). That “the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.” He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget. Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars,” noting that “this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops.” successive oil since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects,” noting that “the initiatives also included empowering women and unemployed youth,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “The issuance of this currency at the end of 2023.”

The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 Posted 23 seconds ago The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 (iraqakhbar-com.translate.goog) news source /First News Agency News source / Al Oula News Agency (Encyclopedia of Iraq News for News) The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding 90 billion dollars, it expected the introduction of the 20 thousand currency at the end of next year, stressing at the same time the granting of 15 trillion dinars as loans for projects in four domains. “For the first time, the central bank’s reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency,” said the Central Bank’s advisor, Ihsan Al-Yasiri, in a statement to the official agency, followed by (Al-Oula News). That “the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.” He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget. Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars,” noting that “this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops.” successive oil since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects,” noting that “the initiatives also included empowering women and unemployed youth,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “The issuance of this currency at the end of 2023.” Disclaimer: The content bearing the title (Central Bank: The new 20,000 dinar currency will be introduced at the end of 2023) was first published on the (Al-Oula News) website, and the Iraq News Encyclopedia website is not responsible for the content of the news in any way. Read ( disclaimer ). You can view the details of this title (The Central Bank: The new 20,000 dinars currency will be offered at the end of 2023) through its original source on the (Al-Oula News) website from the source link below the news.

The Secretary of the Iraqi Communist Party talks about the history of Article 140 and the stage of normalization Posted 1 minute ago سكرتير الحزب الشيوعي العراقي يتحدث عن تاريخ المادة 140 ومرحلة التطبيع - اخبار العراق (iraqakhbar-com.translate.goog) news source /Iraq Today Agency The source of the news / Iraq Agency today Baghdad - Iraq today: The Secretary of the Iraqi Communist Party, Raed Fahmy, confirmed that there is no political will to implement Article 140 more than normalization, indicating that compensation related to the issue requires large sums of money. Raed Fahmy said, in a televised interview, that “Article 140 consists of 3 stages, and since 2006 we are still in the stage of normalization, and during this stage the process of compensating the expatriates, who agreed to return to their areas, and the deportees who returned to Kirkuk,” adding that “ The matter was expanded to include other regions of Iraq within the definition of compensation, and the size of the amount reached a very large level, and it must be settled in order to move to the other stages. And he indicated that the compensation process “needs political will, because there are matters that can be resolved quickly, such as some decisions of the Revolutionary Command Council that affect the region and their need for cancellation by the House of Representatives, as well as some decisions of the Northern Affairs Committee named at the time, and matters related to agricultural contracts and administrative borders.” . Raed Fahmy added that “if there is a will to implement Article 140, parallel lines should be followed, part of which relates to what was agreed upon in the political paper and the government’s approach represented in the budget, including compensation,” noting that “the agreement on other stages is surrounded by ambiguity, and this means that There is no will to activate the matter in all its stages.” He pointed out that “there are political forces, some of which are currently in power, that have reservations about Article 140, and consider it in favor of the Kurds at the expense of the Arabs and Turkmen,” commenting on that by saying that “the article is innocent and does not have this discrimination, but seeks to restore stolen rights and redress grievances ". And he added, "If there are practices that have question marks, they are not attributed to the article, but rather to the practices between the political parties that must abide by the law." The secretary of the Iraqi Communist Party confirmed that “the problem of Kirkuk will remain, if the article is canceled or alternative solutions are not presented,” expressing his approval for “an amendment or update of the article.” He stated that a great stride was made in the normalization phase, but they collided with the financial side because “the number of deported expatriates was approximately 40,000 and more, but it increased later, and they should be compensated with 10-20 million dinars, and this needs allocations, and we needed two billion dollars at the time.” However, it has now increased, knowing that the budget allocated for compensation at the time was $140 million.” He continued, “If we do not address the issue of compensation, we will need 15 years to compensate,” suggesting “the state granting bonds to the beneficiaries, as it cannot directly compensate for the huge amount, which confirms the state’s commitment to pay it.” Regarding the amount estimated at two billion dollars, Fahmy explained that “it was like that at the beginning,” suggesting that its size would increase to 3-4 billion now “to include the deportees in general and not those included in the scope of Article 140.” And the Secretary of the Communist Party considered that “the article is practically suspended,” adding that “some relied on what was stated in the constitution, that the article should be implemented before the date of December 31, 2007, considering that passing this date ends the article.” He commented on this by saying: “The dates were set to speed up implementation and not to drop the right contained in the article, and many of the constitutional deadlines have been exceeded, and based on that opinion, many articles must be canceled.” He expressed his general opinion, saying, “I do not think that some of the parties to the State Administration Coalition have the conviction and seriousness in activating Article 140. The implementation of the practical aspects of the article requires political consensus.” And he continued, “I did not find in the political consensus paper going to implement the article in all its stages, but was limited to allocating the necessary budget for compensation, and I did not hear from the officials of the parties to the state coalition, except for the Kurdish ones, working to implement Article 140 except for the first stage, which is normalization, and the current compensation is part of it.” That stage, so they have no will to apply the article in all its stages.” Fahmy went on to say, “During the time when I was in charge of the article, we identified the concrete steps and the program necessary to implement them, even the party responsible for implementation, and we divided the steps between Parliament and the Presidency of the Republic and others on the government, in addition to that some of them are implementable, and the other requires some time, and despite This has not been achieved, and this means that there is no political will to implement the article more than normalization. He noted that “until now, the borders in Kirkuk where the referendum will take place are not known. Are they the current ones? If so, then it is not what is meant by Article 140, which includes the areas that were cut off from Kirkuk and annexed to other provinces.

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Vian Sabri: It has been requested that a budget be set for activating Article 140 Yesterday at 05:22 Nazanin Goran TORE IN SHARE ON FACEBOOK SHARE ON TWITTER SHARE ON WHATSAPP SHARE ON TELEGRAM SHARE ON VIBER SHARE ON MESSENGER ADD TO MY FAVORITES LIST "The KRG delegation held important meetings during their visit to Baghdad, and it has become clear that Baghdad has a good intention of solving the problems," said the head of the Party faction in the Iraqi parliament. Today, Thursday, 1-12-2022, Vian Sabri, head of the Party's fraction in the Iraqi parliament, was a guest of Bultani at 12 o'clock presented by Sangar Abdul-Rahman, who said about the KRG delegation's visit to Baghdad: "This delegation On the prime minister's recommendation, they held four or five key meetings with the Minister of Planning, Finance, Oil, Electricity, the Central Bank and the Supervisory Council. As a result of the meetings, Baghdad appeared to want to solve the problems and a intention to solve them. There is." "There are a number of important cases for the Kurdistan Region, such as budget, oil, financial monitoring and border crossings," he said. "These are important issues for these four cases, and four committees have been formed." "It has been agreed that the federal court's decision on the oil and gas law should be within the framework of the agreements and that it should be suspended, and we say that it should be resolved according to the constitution and the constitution is clear, especially any decision on oil between the Kurdistan Region and Iraq, should be in a joint agreement," said the head of the Kurdistan Regional Government, KDP, regarding the decision of the Federal Court of Oil and Gas. "Article 140 has also been discussed within the State Administration Coalition to set a financial budget for the activation of the Article 140 Committee, because it is not just by speech and a budget should be set for compensation," said Vian Sabri. Regarding the Kurdish share of the 2023 budget, the head of the PDK faction in the Iraqi parliament said, "We have asked for 17%, and at the same time it has been discussed that the amount set should be given to the Kurdistan Region as it was, because in the past the amount that was specified would not reach the Kurdistan Region." "What we see is a good intention in Baghdad to solve the problems, some of which date back to 2005," said Vian Sabri. "Part of Iraq's problems may be the unresolved of these cases, otherwise their implementation may bring stability to Iraq and the Kurdistan Region, so it must be resolved."

The three presidencies hold a meeting in the Peace Palace, and stress the importance of unifying the political discourse at the local and international levels, and the need to legislate the laws that were agreed upon in the political agreement and within the specified periods.

Member of the parliamentary energy: It is not possible to extinguish the oil debts on the region and several ways to pay them Time : 2022/12/02 12:16:53 Member of the Parliamentary Energy: It is not possible to extinguish the oil debts on the region and several ways to pay them - Al-Furat News (alforatnews.iq) A member of the Parliamentary Oil and Energy Committee ruled out the possibility of "extinguishing" the debts owed by the Kurdistan Regional Government from its sale of crude oil and not handing over its will to the federal government over the past years. Dergham al-Maliki told Al-Furat News: "There are rights and duties, so however the region demands its rights from the budget and the delivery of salaries, it must abide by the rights it entails to the central government." "In terms of oil exports, which must return to the government, and there are funds owed by the regional government, and these can be scheduled and paid according to that scheduling or deducted from oil exports, there are many ways to return those funds to settlement," he said, stressing that "the political settlement remains more important than all of these." Al-Maliki stressed that "any talk from any of the parties about extinguishing these funds is not possible because they belong to the Iraqi people, and although there is part of the money for the Kurdish people, so there can be a scheduling or a mechanism for payment, but these funds cannot be dropped because they do not belong to a government or a parliamentary session, but they are the rights of the Iraqi people." A delegation from the Kurdistan Regional Government visited the capital Baghdad last Wednesday and discussed many details with the federal government regarding the region's budget and the oil file. The spokesman for the Kurdistan Government and a member of its delegation to Baghdad, Jotyar Adel, said in a statement yesterday: "A positive atmosphere prevailed in the meetings with the delegation of the federal government and we felt that they want to reach an agreement, and in the end we must reach a compromise solution, and the delegation of the Kurdistan Regional Government will go to Baghdad whenever needed." "At the beginning of our visit to Baghdad, we discussed the basis for reaching an agreement, of course based on the constitution and the ministerial curriculum paper, which became the basis for talking about issues such as the budget, oil, crossings and financial control," he said. The Federal Supreme Court of Iraq, the highest judicial authority in the country, considered last February that the law adopted by the Kurdistan Regional Parliament in 2007 to regulate the oil and gas sector, is contrary to the constitution. The court's decision obliged "the regional government to hand over all oil production from oil fields in the Kurdistan region, i.e. the federal government represented by the Federal Ministry of Oil." The ruling, published on the court's website, also included "obliging the Kurdistan Regional Government to enable the Iraqi Ministry of Oil and the Federal Financial Supervision Bureau to review all oil contracts concluded with the Kurdistan Regional Government regarding the export and sale of oil and gas." But in a statement, the Kurdistan Regional Judicial Council rejected the Federal Court's decision and said that "it does not have the powers to issue a decision to repeal the Oil and Gas Law in the Kurdistan Region of 2007," adding that "the Oil and Gas Law of the Kurdistan Regional Government will remain in force." Raghad Daham

They ask for the necessary budget for implementing article 140 Vian Sabri, a member of the Iraqi Council of Representatives, said that any decision on oil and gas in the Kurdistan Region should not be agreed upon by the two sides. Vian Sabri, as mentioned in The Voice of Iraq, said: "The coalition of the state administration He spoke about the implementation of article 140 of the constitution and the necessary budget for the activation of the committee for the implementation of the article was selected. "This issue cannot be solved by speech, but a special budget should be allocated to it," he said. On the kurdistan region's share of the 2023 Iraqi union budget, Vian Sabri announced that the Kurdistan Region is asking for 17 per cent of the budget. He also clarified that the kurdistan region's share of the budget has never reached the Kurdistan Region in the past, and we ask that the region's share reach the region as it does next year. He also pointed out that the Kurdistan Region is feeling that Baghdad intends to solve the problems, which date back to 2005.

The three Iraqi presidencies are looking at nine files The three Iraqi presidencies are looking at nine files (shafaq.com) 2022-12-01 14:18 Shafaq News / The three presidencies held a meeting on Thursday at the Peace Palace in Baghdad that included President Abdul Latif Jamal Rashid, Prime Minister Mohammed Shia al-Sudani, and Speaker of the House of Representatives Mohammed al-Halbousi. The meeting discussed the overall political, economic and security situation in the country, and ways to support the government in implementing its program to ensure the provision of the best services to citizens, according to a statement by the presidency. The meeting stressed the importance of unifying political discourse at the local and international levels, and the need to legislate the laws agreed upon in the political agreement and within the specified periods. The meeting stressed the need to proceed with the holding of provincial council elections next year, as emphasized in the government curriculum. The economic situation in the country was also discussed, and the need to legislate the budget law was stressed, and the importance of strengthening measures to preserve public funds, combat corruption and promote reform steps in this regard. The meeting also discussed the situation of the displaced in the country, where the meeting stressed the need to exert more efforts to end their suffering and work on their return to their homes in a way that guarantees them a dignified, safe and stable life.

The three presidencies hold a meeting and stress the necessity of coordinating efforts and the unity of the national / expanded discourse (ninanews-com.translate.goog) The three presidencies hold a meeting and stress the necessity of coordinating efforts and the unity of the national / expanded discourse Friday 02 December 2022 00:16 | politicalNumber of readings: 78 Baghdad / NINA / - The three presidencies held a meeting last night at the Peace Palace in Baghdad, which included the President of the Republic, Abdul Latif Jamal Rashid, the Prime Minister, Muhammad Shia'a Al-Sudani, and the Speaker of Parliament, Muhammad Al-Halbousi. The meeting discussed, according to a presidential statement, the overall political, economic and security situation in the country, and ways to support the government in implementing its program in a way that provides the best services to citizens. The meeting stressed the importance of unifying the political discourse at the local and international levels, and the need to legislate the laws that were agreed upon in the political agreement and within the specified periods. The meeting stressed, according to the statement, the need to proceed with holding provincial elections next year, as emphasized in the government curriculum. The economic situation in the country was also discussed, and the need to legislate the budget law was emphasized, and the importance of strengthening procedures for preserving public money, combating corruption, and promoting reform steps in this regard. The situation of the displaced in the country was also discussed, as the meeting stressed the need to make more efforts To end their suffering and work for their return to their homes in a way that guarantees them a decent, safe and stable life.”/ End 2

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Iraq’s oil revenues in November exceed 8 billion USD Amr Salem December 1, 2022 Iraq’s oil revenues in November exceed 8 billion USD - Iraqi News 2 min West Qurna oil field near Basra. Photo: AP Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Thursday that oil export revenues for November exceeded eight billion USD, with an average price exceeding 82.41 USD per barrel, according to the Oil Ministry statement cited by the Iraqi news Agency (INA). According to initial statistics issued by the State Organization for Marketing of Oil (SOMO), the total exports of crude oil during November exceeded 99.86 million barrels with revenues exceeding 8.23 billion USD, the statement mentioned. The statement indicated that the total quantities of crude oil exported during November from oil fields in central and southern Iraq were more than 97.2 million barrels, while the quantities exported from oil fields in Kirkuk through the port of Ceyhan were more than 2.36 million barrels. The average daily quantities exceeded 3.32 million barrels with an average price of 82.41 USD per barrel, the statement elaborated. The Iraqi Ministry of Oil started to share information about its oil export operations and revenues out of its awareness and belief to let the information available for the Iraqi people, the statement added. Director of Basra Oil Company (BOC), Khalid Hamza Abbas, mentioned earlier that BOC will increase its export capacities during the next phase to support the national economy. Iraq’s oil export revenues during October 2022 exceeded 9.28 billion USD, and the total exports of crude oil exceeded 104.83 million barrels, SOMO mentioned last month.