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1 hour ago, DinarThug said:

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Can KRG delegation break oil-for-budget deadlock in Baghdad?

 

Balloons in the Kurdistan Regionâs national colors are released during the official opening of the Khurmala oilfield, Erbil province, July 18, 2009. File photo: AFP

 

15th July, 2019

 


Balloons in the Kurdistan Region’s national colors are released during the official opening of the Khurmala oilfield, Erbil province, July 18, 2009

A delegation from the Kurdistan Regional Government (KRG) is set to visit Baghdad later this week with the aim of resolving the long-standing disagreement with the central government over the delivery of Kurdish oil in exchange for a share of the federal budget.

Under the 2019 budget agreement, approved in January 2019, the KRG was granted a 12.67 percent share of the federal budget – short of its pre-2014 share of 17 percent – on the condition it sends 250,000 barrels of oil per day to the state marketing body SOMO and deposits all revenues into the central treasury. However, the KRG has so far failed to keep its end of the deal. As parliament prepares to discuss the 2020 budget, Iraqi lawmakers are concerned the KRG will again fail to keep its end of the bargain.

When Kurdistan Region President Nechirvan Barzani met with Baghdad officials on June 20, he said he discussed oil matters with Iraqi Prime Minister Adil Abdul-Mahdi and emphasized that an agreement should be reached that would be acceptable to both parties.

Abdul-Mahdi and Barzani agreed to form two committees to set the agenda for future talks. “We have reached the final stages and what is left is the just a visit from a high ranking KRG delegation to Baghdad to sign a final agreement as we have already spoken on all the issues,” Shakawan Abdulla, a former Kurdistan Democratic Party (KDP) MP and negotiator in Baghdad said. 

The KRG delegation is expected to consist of KRG Prime Minister Masrour Barzani, Finance Minister Awat Sheikh Janab, Peshmerga Minister Shorish Ismael, and MPs from various parties.

Iraqi lawmakers are piling pressure on Abdul-Mahdi’s government to implement the agreement, accusing him of being too soft on the KRG, which is yet to send a single barrel of oil to Baghdad in exchange of its 2019 budget share. Iraqi MPs have even urged the government to freeze the KRG’s share of the budget until oil deliveries are secured.

The KRG has been using revenues earned through its independent oil sales to clear its debts, which piled up in recent years after Baghdad cut its share of the federal budget to zero, global oil prices crashed, and the region was struck by war and financial crisis. “In principle, we do not have any issues with handing over the 250,000 barrels of oil per day to Baghdad,” said Barzani, but added “before it happens, agreements should be made.” “The matter is not just that we should hand over 250,000 barrels of oil. There are also legal dimensions. There is an accumulation of loans on the KRG because of budget cuts from 2014. We have discussed these things and talked about how we can reach a deal that Baghdad and the Kurdistan Region can agree on.”

A leading member of the Patriotic Union of Kurdistan (PUK), who spoke to Rudaw on condition of anonymity, said last week: “The Americans and UN and even Europeans have pressured both sides to hold constructive and fruitful meetings [and] not just waste time.” “Good understanding has emerged between Erbil and Baghdad in order for Erbil to hand over 250,000 barrels of oil per day and for Baghdad to continue the budget that it does now and the matter of the budget law should no longer be the center of issues.”  “The signing of the first agreement will give way to a second agreement on the subject of disputed and Kurdistani areas outside KRG and Peshmerga control,” he added.

Dana Jaza, a KDP MP in Baghdad, described the KRG visit to Baghdad as “instrumental”. “There is a strong possibility that an agreement will be signed,” Jaza added.

The KRG began selling oil independently of Baghdad in 2013, leading then-PM Nouri al-Maliki to suspend the Region’s budget share altogether.  When Peshmerga forces took control of security in Kirkuk in 2014, the KRG also seized the province’s bountiful oilfields.  When Iraqi forces retook these oilfields in October 2017, the KRG lost around half of its oil revenues. Oil exports via the pipeline linking the Kurdistan Region to ports in Turkey were suspended for several months.

Erbil-Baghdad relations have vastly improved since Abdul-Mahdi took office, and exports have resumed. Although a smaller share than before, the Region is again receiving federal funding.  If the KRG does not show it is willing to send even a portion of the oil quota to Baghdad, the Iraqi government may again cut its budget.  Although Iraq is unlikely to use force, the events of October 2017 remain fresh in the minds of Kurdish leaders.  If criticism of Abdul-Mahdi continues, MPs may remove him from office. His predecessor Haider al-Abadi, who took a more uncompromising approach to the KRG, recently hinted he would like to return to power. 

Some very interesting comments made here. Interesting to see what Adam's take is on this? 

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1 hour ago, Miamiheatnic said:

With the HCL? About to be completed and article 140, article 8 consultation this Friday, and everything else happening?  July is our month.  Believing it and proclaiming it.

Miamiheatnic,  I second that Keeping the faith...😁😁👍👍

 

GO RV & RI

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22 minutes ago, Miamiheatnic said:

I may have meant that article 4 consultation but hopefully we can get article 8? I’m pumped either way. This week and weekend should be very very telling ! 

That’s what everyone said the last 8 weekends! 😂

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An economist who identifies Al-Zawra with several factors that will attract investments to Iraq


July 15, 2019 8:59 PM  Author: alzawraapaper
 

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Al-Zawra / Laith Jawad:
 

 

The economic expert stressed that the need to provide fertile ground to encourage investment, identifying several important factors that attract investors. 

"The investment law alone does not encourage the advancement of investment, but it needs to provide fertile ground that encourages investment and is a factor of attracting investors," he said.

"The most important elements that investment needs to be successful in Iraq is In addition to the security and political stability is an important factor in investment, in addition to the provision of modern communication and communication methods that encourage investors to come to Iraq and implement their investment projects. 

I. The advantage of the investment law in the event of conflict with the laws of the ministries Alakhary.aly said that former MP Najiba Najib in an interview for «Zora»: The private sector should have a distinctive role in supporting the state's economic and financial resources, maximizing these resources, not relying on the general budget in its allocations and searching for ways to obtain financial resources, and stressing that the role of the private sector in economic development, Of the ministries that do not have the ability to finance their projects resorted to investment in the private sector to finance projects that are idle or still under implementation.

Najib stressed: The new amendments in the investment law will be the pillar of the Iraqi economy for the next stage if built on solid foundations depend on it Market economy.

link

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8 hours ago, blueskyline said:

Thug .... I just noticed . You got over 60k post . That's alot of much needed news and Surprisingly Good Entertainment through the years. And for Free . Thank You Very Much !

 

Hey  @DinarThug   just in case you missed this one in all of your misguided musings.  :lmao:  J/K there bud you have been killing it lately between your own thread here and the multi personality bro's thread.  Keep up the good work.

 

SR

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DinarThug

CNN - The Clown News Network

 

DinarThug

 

61,658

 

17,053 posts

 

 

10 hours ago, blueskyline said:

Thug .... I just noticed . You got over 60k post . That's alot of much needed news and Surprisingly Good Entertainment through the years. And for Free . Thank You Very Much !

 

1 hour ago, SupraRacer said:

Hey  @DinarThug   just in case you missed this one in all of your misguided musings.  :lmao:  J/K there bud you have been killing it lately between your own thread here and the multi personality bro's thread.  Keep up the good work.

SR

 

Lol - And Thanks To Both Of U For Mentioning It ! B)

 

 

Btw - The Mobile Phone Site For DV Only Shows Reputation Points And Not The Post Count Numbers Because Of Limited Screen Space ! ;) 

 

 

So I Have A ‘Bit’ Less Than 60k Posts - But I Hope That Iraq Will Finally Do Something So That Me (With 17k Posts) And The Bro’s (With Almost As Many Posts In The Past Few Hours) Can Finally Move On And Get A Life ...

 

:D  :D  :D 

 

Edited by DinarThug
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Boom Shaka-Laka Boom ! :o 

 

:D  :D  :D 

 

 

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Disclosure of the date of receipt of the 2020 budget and parliamentary finance confirms: There will be a boom in the Iraqi economy


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16th July, 2019

 


A source in the Finance Committee of the parliamentary, on Tuesday, the date of receipt of the draft budget for 2020, while noting that the budget will bring a boom in the Iraqi economy. 

The source said that "the Finance Committee agreed with the Ministry of Finance to receive the draft budget 2020 in September next," noting that "there will be a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services."

The source, who preferred not to be named, said that "the 2020 budget will be strengthened by the final accounts and will include tables on internal and external indebtedness, taxes, customs, border crossings and returns of state property." 

He pointed out that "the draft budget 2020 is now working on a specialized team, under the supervision of Prime Minister Adel Abdul Mahdi, will include two prices of oil fixed and moving."

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Finance Committee in the House of Representatives: a surplus of funds due to high oil prices


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16th July, 2019

 


The Finance Committee in the House of Representatives, Tuesday, July 16, 2019, a surplus of funds due to high oil prices, and record low price in the budget of 2019.

"The price of oil in all budgets is set by experts in a speculative manner, even if there is a rise or fall in world oil prices," said committee commissioner Ahmed al-Saffar. 

Al-Saffar said that "there is a financial surplus, because the price of a barrel in the budget (56), in fact, is much higher, this money will be within the supplementary budget, which is distributed after half a year, if there is a financial surplus, Surplus".

"The distribution of the supplementary budget funds is the responsibility of the ministries of finance and planning, and the House of Representatives has a role to do so, and be distributed according to regions and provinces that have received a few allocations, or is allocated part of this money for important projects, Likely that "the next few days, will witness the preparation and distribution of the supplementary budget."

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19 minutes ago, DinarThug said:

"there is a financial surplus, because the price of a barrel in the budget (56), in fact, is much higher, this money will be within the supplementary budget, which is distributed after half a year, if there is a financial surplus, Surplus".

 

 

Wow, even after all the corrupt officials all stole " their fair share ", theirs STILL some left over. Not very good planning on their part  :)

 

  Thxs Thugs,  pp

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10 hours ago, DinarThug said:

DinarThug

CNN - The Clown News Network

 

DinarThug

 

61,658

 

17,053 posts

 

 

 

 

Lol - And Thanks To Both Of U For Mentioning It ! B)

 

 

Btw - The Mobile Phone Site For DV Only Shows Reputation Points And Not The Post Count Numbers Because Of Limited Screen Space ! ;) 

 

 

So I Have A ‘Bit’ Less Than 60k Posts - But I Hope That Iraq Will Finally Do Something So That Me (With 17k Posts) And The Bro’s (With Almost As Many Posts In The Past Few Hours) Can Finally Move On And Get A Life ...

 

:D  :D  :D 

 

Thanks Steve for all you do much appreciated!

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Al-Attar calls on the government to include the Iraqi economy for the initiative "Belt and Road"


image.jpeg.26630010424adea22bf6eb136f784e33.jpeg

 

16th July, 2019

 

 

A member of the National Business Council Ghadir Al-Attar, on Tuesday, called for the government's pursuit of Iraq's accession to the Convention on the Belt and Road.

Al-Attar said in a press statement received by Al-Ghad Press that "the project of the Belt and Road Initiative aims at reviving the ancient Silk Road, which was spread across Asia and Europe to transport goods from those areas to China and vice versa." "He said.

"Attar pointed out that "Iraq's accession to the Convention and the road belt will benefit the national economy and infrastructure as well as it aims to converge the economic visions among the countries participating in the project."

He added that "the new government's program should emphasize the need to open up to all countries, especially in the field of major economic investments and constructions, which concern transport and trade, which contribute to the strengthening of Iraq's economy." The Iraqi government signed with the Chinese side at the end of 2015 agreements and memorandums of economic cooperation and to participate in the construction of the economic belt of the Silk Road land and sea, but things are still going very slowly until today.
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Abdul Mahdi receives the pleasure of Barzani and the delegation accompanying him

 

Abdul Mahdi receives the pleasure of Barzani and the delegation accompanying him
 
 
Prime Minister Adel Abdul-Mahdi received on Tuesday, the head of the Kurdistan Regional Government, pleased Barzani and his accompanying delegation.
 

"The Prime Minister Adel Abdul Mahdi received today, the head of the Kurdistan Regional Government pleased Barzani and the delegation accompanying him," the Information Office of Abdul-Mahdi said in a brief statement received by Al-Furat News. 

The President of the Republic Barham Salih received at the Peace Palace in Baghdad, on Tuesday, the delegation of the provincial government, and stressed the importance of coordinating common visions and adopt a language of constructive dialogue to resolve all outstanding issues between the federal government and the provincial government in accordance with the Constitution and the national interest and justice, The region to intensify dialogues and resort to the Constitution, so as to ensure the realization of common interests and strengthen brotherly relations. 

The head of the Kurdistan Regional Government, Massur Barzani, arrived in the capital Baghdad this morning, heading a high delegation from his government.

 

 

#############

 

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The Kurdistan Regional Government delegation met with Adel Abdul Mahdi in Baghdad

whatsapp-image-2019-07-16-at-2-39-04-pm.jpeg

 

16th July, 2019

 

 

Just a few days ago in the Federal capital Baghdad, a meeting between Prime Minister Adel Abdul Mahdi, the Prime Minister of the Kurdistan Region and the high government delegation accompanying him to discuss the differences and outstanding issues between the two sides, and find ways to address them.

Barzani and his party met immediately upon his arrival with President Barham Salih at the Peace Palace in Baghdad.

The delegation, headed by Mesrour Barzani, consists of Deputy Prime Minister Qubad Talabani, Interior Minister Reper Ahmad, Finance and Economy Minister Awat Sheikh Janab, Minister of Justice Farst Ahmed, Minister of Peshmerga Affairs Shorsh Ismail and Head of the Provincial Presidency Fawzi Hariri.

This is scheduled to meet with the delegation of the provincial government later the Speaker of the Iraqi Council of Representatives Mohammed Halbusi.

############


Abdul Mahdi receives the President of the Kurdistan Regional Government  LINK

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Halabousi for pleasure Barzani: We will provide the political and legislative cover to resolve all differences

 

Halabousi for pleasure Barzani: We will provide the political and legislative cover to resolve all differences
 
 
16th July, 2019
 
 
Speaker of the House of Representatives Mohamed Halbusi received on Tuesday, the President of the Kurdistan Regional Government pleased Barzani and the accompanying government delegation.

"Al-Halabousi Barzani congratulated the formation of the regional government, hoping that this government will move forward to serve the unified Iraq, and to present a balanced and transparent speech to resolve all outstanding problems between the region and the federal government," the statement said. 

Al-Halbusi said during the meeting that "there is sincere intention in the House of Representatives to find solutions to all differences, and the Council will provide political and legislative cover for them and in accordance with what was approved by the Iraqi Constitution, stressing his support and support to bring the views and resolve all differences in the best interest of Iraq."

For his part, said the President of the Kurdistan Regional Government that "his visit and members of his government to Baghdad one day after its formation is an expression of sincere intentions to work to clear all problems in the spirit of brotherhood and national belonging, noting that the region is an important part of Iraq, and that the Kurdish people and political forces a key partner in The new democratic construction process."  The meeting was attended by the Second Deputy Speaker of the House of Representatives Bashir Haddad, a number of heads of political blocs and deputies, Deputy Prime Minister for Economic Affairs, Minister of Finance Fuad Hussein, and Minister of Housing Benjin Rajani.
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Kurdistan agrees to send 250 thousand barrels of oil per day to Baghdad

 

Ùردستا٠تÙاÙ٠عÙ٠إرسا٠عائدات 250 Ø£Ù٠برÙÙÙ ÙÙØ· ÙÙÙÙا اÙ٠بغداد

 

16th July, 2019

 

Sources confirmed that the delegation of the region, which is visiting Baghdad agreed to send 250 thousand barrels of oil and placed in the revenues of the national oil company "Sumo".

The source said that the approval was made by the Kurdish delegation headed by Barzani pleased with the payment of Baghdad 880 billion dinars as salaries to the employees of Kurdistan and Peshmerga.

She added that the Prime Minister of Kurdistan pleased Barzani confirmed that Baghdad sent 443 billion dinars only to the region, which forced him to export his oil to distribute the salaries of his employees.

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9 minutes ago, DinarThug said:

LINK

Kurdistan agrees to send 250 thousand barrels of oil per day to Baghdad

 

Ùردستا٠تÙاÙ٠عÙ٠إرسا٠عائدات 250 Ø£Ù٠برÙÙÙ ÙÙØ· ÙÙÙÙا اÙ٠بغداد

 

16th July, 2019

 

Sources confirmed that the delegation of the region, which is visiting Baghdad agreed to send 250 thousand barrels of oil and placed in the revenues of the national oil company "Sumo".

The source said that the approval was made by the Kurdish delegation headed by Barzani pleased with the payment of Baghdad 880 billion dinars as salaries to the employees of Kurdistan and Peshmerga.

She added that the Prime Minister of Kurdistan pleased Barzani confirmed that Baghdad sent 443 billion dinars only to the region, which forced him to export his oil to distribute the salaries of his employees.

Wow 

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:o 

:D  :D  :D 

 

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Jumaili stresses the need to resolve the file of the Ministry of Education to save what can be saved

 

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16th July, 2019

 

MP stressed the unity of Jumaili need to speed up the resolution of the Ministry of Education and the development of a phased plan to save what can be saved and correct the work of the ministry.

"At a time when we are looking to build a solid educational institution free of corruption, corruption and corruption, and equipped with modern methods and techniques to match and compete with international educational institutions, we are witnessing a sad educational reality from the fall of 2003 until the present moment," Jumaily said.

She pointed out that the ministers who visited the Ministry of Education did not provide "a comprehensive educational plan to address all the failures that orbit the orbit," pointing to "the weakness of educational curricula and the difficulty of some of them and the lack of schools and the lack of validity of some, in exchange for the increasing number of students, and lack of educational staff and teaching weakness The potential of some of them and the absence of the experienced sergeant from supervisors competent few exceptions and the tragedy of questions exam and the mood correction and others.

Jumaili demanded the need to resolve the file of the Ministry of Education and "speed up to develop a quick plan to save what can be saved during this period and correcting the ministry in the direction of resolving most of the problems in the service of the future of our cousins."

 

Edited by DinarThug
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