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Al-Shamma: Administrative stability raises the financial sector

Saturday 29 June 2019

 

Baghdad / Al-Sabah 
 
 
The economic expert called d. Hammam Al Shamaa to benefit from international and regional experiences to maintain stability and implement strategies that can achieve growth in all sectors of this sector, which is the cornerstone of a comprehensive economic recovery. 

He added that the stability of the management of the financial sector, especially the independent central bank, plays an important role in achieving stability and adopting advanced systems capable of making progress in the services provided by the financial system, which has the task of supporting the local economy and the family economy.
 
The banking situation
He pointed out that the monetary authority is balancing the follies of fiscal policy towards wasteful spending and the creation of inflation, monitors the performance of the banking system in the country, and ensures stability of exchange rates and foreign trade relations with various countries of the world.
 
Recessions
He pointed out that "in the United States there is the President of the American Fed, which draws the stability of the American economy, and draws from the recession and financial crises, and decides to finance the budget," and here the Federal President continues to work and oversees the implementation of plans In the form that serves the economy and be transient to governments, and can benefit from this experience in Iraq.
 
Regional countries
"In democratic systems, the monetary authority enjoys independence and permanence, as in the case of regional countries such as Jordan and Lebanon, and the governor is doing his job fully, and for a long time without interference in his performance and the period of his stay,for his positive role in achieving the goals of the existence of the central.
 
Monetary policy
Al-Shamaa pointed out that "the management of monetary authority and the sustainability of its administration in conjunction with the achievement of the developmental goals in support of the economic revival is very important, and in order to stabilize the monetary policy we need stability of the administration, and here we can indicate the stability of exchange rates in Iraq during the past years, .
International institutions, including the US Treasury and its representative, have noted a development in the monetary sector within Iraq, noting that these developments should be reflected to the public through the media.

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Rafidain launches a new meal of the predecessor of the staff


Sunday 30 June 2019

alsabaah-14997.jpg

Baghdad / Al-Sabah

 
 
Al-Rafidain Bank announced on Saturday the launch of a new meal of the advance of the employees of the State Departments, which ranged between 3 and 5 and 10 million dinars through the card MasterCard International.

 "A new batch of State Department employees' advances has been sent to more than 2,400 employees whose salaries have been settled at the bank and received the electronic card," a statement from the bank said. 
The statement added that "the disbursement of this advance was through the customer's fingerprint, and then notify the employee by sending a text message informing him of the advance payment, after completing all the legal procedures to grant it and disbursement through electronic payment tools,

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World Bank President calls on developing countries to implement reforms that make them more attractive for investment


June 29, 2019 6:52 pm  Author: alzawraapaper
 
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BAGHDAD / Zora: 


World Bank President David Malpass , said that the uncertainty caused by trade tensions and slowing global growth are increasing the need for the application of developing countries , reforms make it more attractive to private investment

"It will urge countries to take bolder steps to improve the business climate in order to allow private companies to compete better with state-owned enterprises and generate more profitable growth, innovation and jobs," Malpas said at the G20 summit in Osaka, Japan. 

The World Bank forecast in its annual World Economic Outlook report earlier this month that a slowdown in trade and investment flows would cut global growth this year to 2.6 percent, 0.3 percentage points lower than previously forecast.

The International Monetary Fund (IMF) has predicted a similar slowdown, mainly driven by a sharp increase in tariffs between the United States and China. 

Malpas, who took over the World Bank in April after spending two years in the Trump administration as the Treasury's undersecretary for international affairs, said: "It also focuses on the internal development of countries and ways to grow internal trade between cities and regions. 

He said he would meet with leaders from several developing countries including Brazil, India, Indonesia, Russia, Saudi Arabia, Senegal, South Africa and Turkey during the G20 summit.

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Iraq demands greater UN support for reconstruction


Sunday 30 June 2019


alsabaah-15003.jpg

Baghdad / Al-Sabah 

 
Described the three presidencies, the visit of a number of members of the UN Security Council headed by the periodic President of the Council, Mansour al-Otaibi, "mission", indicating that it shows the support of the Council and its interest in Iraq and the changes taking place in all areas and successfully overcome the political and economic challenges and security large, "Our foreign policy is based on not engaging in the policy of axes and focusing on the many participants that bring us together. The international delegation expressed its support for the sovereignty of Iraq, and praised the government's efforts to strengthen Iraq's role and role.
 
Stabilization of stability
"Iraq is keen to maintain communication and consultations with the UN Security Council to promote peace and security in the region," President Barham Saleh said during a meeting with the delegation, according to a presidential statement. "Iraq is seeking to play its role at the regional and international levels, And contribute to the constructive efforts to establish stability, and his earnest desire to resolve international issues through political means by encouraging dialogue between all parties. "
President Saleh, who returned home after a visit to London on Saturday, stressed "the importance of preserving Iraq's sovereignty, security and unity in the face of challenges and crises in the regional arena," stressing that "the Iraqis have won terrorism and liberated their cities, On the unity of their country and achieve prosperity, and this will not be achieved without the support and help of international organizations and brothers and friends. "  
He also praised the "balanced policy pursued by Iraq and the commitment to abide by Security Council resolutions, which demonstrates the validity of its political course and its openness to the regional and international environment."
The President reviewed with the delegation "the latest developments and developments in the political situation at the regional and international levels and crises in the region, and the need to work together to end the crises and tensions."
 
A balanced policy
In turn, Prime Minister Adel Abdul Mahdi said, "This important visit shows the support of the Council and its interest in Iraq and the changes that are taking place in all areas and successfully overcome the political, economic and security challenges," and expressed "his thanks and appreciation for this visit."
"Iraq has witnessed external and internal wars, campaigns of oppression, destruction and waves of terrorism, and we have destroyed infrastructure, community divisions, waste of our wealth, human and material resources, and large debts," he said. "Nevertheless, the Iraqis were able to pass the constitution and hold several legislative elections that led to peaceful change and rotation. Cities ".
Abdul Mahdi pointed out that "when the supreme religious authority issued the fatwa of Jihad to defend Iraq, millions volunteered and united, and this unity won over the preacher, and our forces in various formations united and mobilized their forces and managed to achieve victory," noting that "the deep crises and sacrifices and the great challenges faced by Iraq Deserve greater international support for the reconstruction of liberated and affected areas ".      
Prime Minister, who reviewed "the efforts of the Iraqi government in the areas of economic reform and sustainable development and investment of natural resources and increase agricultural production and work to extend the rule of law and justice between the components of the Iraqi people and equal opportunities and attention to women's rights and increase their participation in political life and administrative positions," stressed that " Our foreign policy is based on not engaging in the policy of axes and focusing on the many participants that bring us together with neighboring and regional countries in a manner that preserves security and stability and achieves the interests and prosperity of all the peoples of the region and avoids tensions, B, and these balanced relations make gains for Iraq and its people, "stressing that" Iraq declared the current regional crisis situation. "
During the meeting with the members of the Security Council, all members affirmed the Security Council's support for the sovereignty, unity and stability of the Security Council. He also discussed the continued cooperation and coordination of the UN mission in the humanitarian, displaced and reconstruction areas and the issues of women and children. For their support for the sovereignty and unity of Iraq and the reconstruction plans, "praising" the policy of the Iraqi government balanced and its relations with the Arab, regional and international environment. "
 
First visit to Iraq 
According to a statement issued by the Speaker of the House of Representatives Mohammed Halbusi, the latter received, in the presence of a number of leaders of political blocs and heads of parliamentary committees, representatives of the States members of the Security Council in the first visit to Iraq.
During the meeting, Halabousi expressed "appreciation for this visit, which shows the support of the UN Security Council and its interest in Iraq, after the Iraqis have achieved their victory on terrorism on behalf of the world."
"Iraq appreciates the efforts of the international community, which has provided support to the Iraqi people in their war on terrorism, or to help with the file of displacement and the restoration of stability, hoping the continuation of support and fulfillment of international obligations towards Iraq," he said.
Al Halbusi reviewed "the efforts of the House of Representatives to pass important laws affecting the lives of citizens, stressing that the Council looks forward to enact laws that reflect positively on the lives of citizens through reform programs, combating corruption and reducing poverty and giving disadvantaged classes greater care, as well as addressing the consequences of terrorism "He said.
He also reviewed the developments in the international and regional situation, the crises in the region and the need for joint action to end these tensions and maintain regional stability through constructive dialogue and peaceful means.
"We are pleased with this historic visit and our message to you that we have come to express our support for Iraq, its unity and sovereignty, and to extend our congratulations on the victory over the martyrdom of the people of Iraq and to assure that the international community stands by you," he said. We support the partnership and the efforts of the international mission in Iraq, which is working with the approval of the Iraqi government and the successes achieved in various fields, and welcome the initiative of the Iraqi government to improve relations with neighboring countries and the Arab and regional and international and described as wise policy, To Iraq and all the countries of the region, in addition to our support for the reconstruction efforts and the reform steps of the Iraqi government. " The statement pointed out that "the rest of the members of the Council who spoke during the meeting congratulated the liberation of the Iraqi people to its cities and territories and to complete the government formation and its efforts to consolidate stability and social cohesion" , And expressed "support for the sovereignty of Iraq," praising "the government's direction to strengthen the status of Iraq and its role, and continued cooperation to combat terrorism and extremism." "The meeting was attended by the Undersecretary of State for Foreign Affairs, Iraq's Permanent Representative to the United Nations, the Head of the Organization Department, the Director of the United Nations Department, the Foreign Ministry's official, and a number of advisers."
 
Adoption of the investment program
For his part, Foreign Minister Mohammed Ali al-Hakim, along with members of the Security Council delegation, reviewed "developments in the political situation in Iraq and the efforts of the government to establish security and achieve stability and reconstruction of cities liberated from terrorist gangs."
"Iraq needs the support of the Security Council in the post-victory phase and the government's approach to adopting the investment program in the reconstruction of the provinces," Hakim said.
"The government's vision of the region's crises, the need to adhere to the principle of political solution, and the avoidance of the sensitive region are the result of the tensions that are reflected on all in the event of wars and confrontations," he said.
Al-Hakim stressed that "Iraq is keen to deal with the decisions of the United Nations, which constitutes the Security Council one of its important organs, and returned to represent the international umbrella sponsor of the rights of all peoples of the world, especially that Iraq is a state institution of the United Nations."
"The time has come for the international community to stand by Iraq," the head of the Security Council, Mansour al-Otaibi, told the Iraqi News Agency (INA). "Iraq has made great sacrifices and it is time for the international community to stand by its side and help it in whatever it needs."
 
Return of IDPs
In the context, a statement to the presidency of the Kurdistan region, to confirm that "the Security Council highly assessed the role of the Kurdistan region in the face of terrorism, sheltering displaced people and refugees, and the protection of religious and national minorities, and expressed his satisfaction and support for normalization and progress of relations Erbil - Baghdad," noting that " Which was attended by the President of the Parliament of Kurdistan, Vala Farid, and representatives of the Iraqi Foreign Ministry and a number of officials of the Kurdistan Regional Government, through the members of the UN Security Council expressed their happiness to meet with the President of the Kurdistan region and bless him to assume his duties.
"The Kurdistan Region President presented a brief summary of the difficult conditions prior to the region, the current war, the current stage and his vision for the future. He also stressed the need for Kurdistan to play the role of supporting and assisting the United Nations to develop relations with the Iraqi federal government. the Constitution".
The statement added that Najirvan Barzani, "stressed the importance of cooperation and coordination between the Kurdistan region and the Iraqi federal government and the International Alliance in the face of terrorist threats, especially in areas covered by Article 140 of the Iraqi Constitution, and stressed the importance of United Nations cooperation in this context, And the United Nations Assistance Mission for Iraq (UNAMI) to support and support the Kurdistan region and Iraq In defeating terrorism ". 
The statement pointed out that "on the other side of the meeting, was discussed on the conditions of the region in general, and the formation of the new government cab of the Kurdistan region, relations of the Kurdistan region with neighboring countries, reforms and employment and investment in the region, reconstruction of areas affected by the war against terrorism and the return of displaced persons To their homes. "
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Central Bank of Statistics: The quantities of dollars sold in the auction currency amounted to about 4 billion


June 29, 2019 6:51 PM  Author: alzawraapaper
 
download-6.jpg

 

BAGHDAD / Al-Zawraa: 
 

The Central Bank of Statistics announced on Saturday that the amount of dollars sold at the auction of the currency amounted to nearly 4 billion dollars. 

The agency said in its statistical: The quantities sold from the dollar during the first five months of 2019 amounted to 3 billion and 960 million and 716 thousand and 966 dollars, indicating that these sales rose from the same period in 2018, which amounted to 3 billion and 713 million 372 thousand and 926 And an annual change of 6.7 percent. 

He added: The annual rate of the dollar during the first five months of 2019 amounted to 1200 dinars per dollar compared to the same period of 2018, which amounted to 1215 dinars to the dollar, and an annual change of 1.3%. 

It is noteworthy that the Central Bank is conducting daily sessions for the sale and purchase of foreign currencies, except for official holidays on which the bank stops these auctions.

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The three presidencies agree on October as the date for the termination of the proxy positions

 

Sunday 30 June 2019

alsabaah-14983.jpg

 

Baghdad / Al-Sabah 
 
The three presidencies on Saturday stressed the limitation of arms in the hands of the state and the protection of diplomatic missions, while pointing to the need to establish balanced relations with the Arab and regional environment.

A statement of the Presidency of the Republic received the morning, a copy, that "the three presidencies held a meeting, In the presence of President Barham Saleh and Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohammed Halbusi. "

He added that" the meeting discussed the amendment of Article (58) of the Budget Law, and decided to give the government more time until 24 - 10 - 2019, The end of the year of the life of the government) in order to choose personalities do not 

The administration of the state institutions, the end of the file of the administration by proxy and support the government in choosing the best in accordance with the principle of efficiency and integrity and achieve national balance away from quotas. 

The statement pointed out that «the meeting touched on the document of the national framework for a unified Iraqi policy», noting that «the meeting stressed the need to limit the arms of the state, and work to protect the strengthening of national sovereignty and to confront all the strength of all those who want to engage Iraq in conflicts and conflicts outside the interest of his people» . 

The three presidencies stressed the importance of protecting diplomatic missions in Iraq and taking deterrent legal measures against anyone who tries to tamper with the security and safety of these missions and their presence in Iraq. .

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37 minutes ago, DinarThug said:

The three presidencies agree on October as the date for the termination of the proxy positions

 

Sunday 30 June 2019

alsabaah-14983.jpg

 

Baghdad / Al-Sabah 
 
The three presidencies on Saturday stressed the limitation of arms in the hands of the state and the protection of diplomatic missions, while pointing to the need to establish balanced relations with the Arab and regional environment.

A statement of the Presidency of the Republic received the morning, a copy, that "the three presidencies held a meeting, In the presence of President Barham Saleh and Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohammed Halbusi. "

He added that" the meeting discussed the amendment of Article (58) of the Budget Law, and decided to give the government more time until 24 - 10 - 2019, The end of the year of the life of the government) in order to choose personalities do not 

The administration of the state institutions, the end of the file of the administration by proxy and support system" rel="">support the government in choosing the best in accordance with the principle of efficiency and integrity and achieve national balance away from quotas. 

The statement pointed out that «the meeting touched on the document of the national framework for a unified Iraqi policy», noting that «the meeting stressed the need to limit the arms of the state, and work to protect the strengthening of national sovereignty and to confront all the strength of all those who want to engage Iraq in conflicts and conflicts outside the interest of his people» . 

The three presidencies stressed the importance of protecting diplomatic missions in Iraq and taking deterrent legal measures against anyone who tries to tamper with the security and safety of these missions and their presence in Iraq. .

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What am I missing here but this sure sounds like Iraq just kicked the can down the road until October for completing the proxy ministers which I would guess is the education minister and any others?

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UNSC Calls for Implementation of Article 140

 
 BasNews   30/06/2019 - 02:42  Published in Iraq
UNSC Calls for Implementation of Article 140
 

ERBIL - The United Nations Security Council (UNSC) has called for the implementation of article 140 from the Iraqi Constitution, reiterating support system" rel="">support for the process.

The call was made by a UNSC's delegation who met with Kurdistan Region President Nechirvan Barzani on Saturday in Baghdad capital, where the speaker of the regional parliament, Vala Farid, Interior Minister Karim Sinjari, and several other Kurdish officials.

The UNSC delegates reaffirmed that they would support system" rel="">support the implementation of the controversial article and that they would urge the sides to stay committed to it.

According to the information BasNews has learned, the subject of the Erbil and Baghdad relations were a hot topic of the UNSC and Kurdish officials' meeting on Saturday.

 
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DR, those are the proxy that are going to be out of the govt...they are giving them til Oct while still receiving salaries...the vote for special grades and the new CBI governor along with the ministry of edu are scheduled this Monday. Cheers 

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Private - Mawazine News Political sources reported on Saturday that Prime Minister Adel Abdul Mahdi will submit a new list of candidates for special grades to the House of Representatives. 
The sources said in an interview with "Mawazin News" that "a new list of names of candidates for special grades to the House of Representatives to vote," noting that "the list will be sent within the next two days." 
He added that "the list includes candidates for the positions of directors-general andadvisers in the ministries of education and industry and other departments."
 there's also news that pm will send the name of a candidate for ministry of edu today (sunday there) for a vote this monday

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