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3 hours ago, Dinarrock said:

This is most definitely very telling LB!! That is the question of the year!! It’s ok to take $10,000 US dollars in and out of the country but not $840 dollars worth of dinar.....things that make you go hmmmmm???

Totally agree my friend.

 I think they want to keep a tight control on the monetary mass inside iraq, to proceed with the delete of the zeros project.

just my opinion 

What do you Think Dinarrock?

 

 

 

Go RV 

Go $1:1

 

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Thanks for your input Arceo, The article said;  “The foreign currency reserves are a cover for the local currency.” Foreign currency reserves $87 billion dollars  The monetary mass

Thanks Thug,  I think Obama did exactly what he was told to do by his Muslim Brotherhood Masters.  

The foreign currency reserves are a cover for the local currency. 💰💵💰💵💰   Foreign currency reserves $72 Billion dollars  Money in circulation $42 Trillion IQD/1190 = $35.3 billion dolla

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Abdul-Mahdi and the World Bank's regional director discuss ways to diversify the country's income sources


عبد اÙÙÙد٠Ùبحث Ùع اÙÙدÙر اÙØ¥ÙÙÙÙÙ ÙÙبÙ٠اÙدÙÙ٠سب٠تÙÙÙع Ùصادر اÙدخ٠ÙÙبÙاد

 

29th August, 2019

Prime Minister Adel Abdul Mahdi discussed with World Bank Regional Director for the Middle East Saroj Kumar ways to diversify the sources of income of the country and improve non-oil producing sectors.


A statement by Abdul Mahdi's office received a copy of Alsumaria News, "The Prime Minister received today, Kumar, and his delegation, and discussed the government's vision for the future of the Iraqi economy and plans to promote non-oil producing sectors and diversify sources of income and ways of cooperation in this area."  The Prime Minister pointed out during the meeting, "the production of grain, which will amount to about five million tons of wheat, corn, rice and others, which have been achieved this year and offset the imports of foreign wheat currently and provided thousands of jobs and boosted the chances of success of the agricultural sector and the growth of the Iraqi economy." 

The statement pointed out that "the importance of supporting productive income-generating investments and supporting the Iraqi private sector through the International Development Agency, as well as the contribution of the World Bank in improving the business environment in Iraq and the required standards that help attract foreign investmentand cooperation between Iraq and the World Bank To establish joint economic actions."
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11 hours ago, DinarThug said:

The Security Council on Iraq

 

ÙجÙس اÙØ£ÙÙ ÙعÙد غدا٠جÙسة Ø­Ù٠اÙعراÙ

 

28th August, 2019

 

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Iraq’s Leadership Working Hard to Build on Progress Made Since Defeat of Islamic State, Special Representative Tells Security Council


Permanent Representative Demands International Respect for National Sovereignty, Saying Country Cannot Tolerate More Tension in Region


image.jpeg.72c009b2b6996ec4a64142d42207afb8.jpeg

 

28th August, 2019

 

The leadership of Iraq is hard at work building on progress made since the territorial defeat of Islamic State in Iraq and the Levant (ISIL/Da’esh), but the recent flare-up in regional tensions could potentially undermine ongoing efforts to restore stability and prosperity, the Secretary-General’s Special Representative in that country warned the Security Council today.

“We should be lucid and recognize that current tensions could well deal a huge blow to all national and international endeavours to rebuild a stable and prosperous Iraq,” said the Special Representative, who heads the United Nations Assistance Mission for Iraq (UNAMI).  Speaking by video-teleconference from The Hague, she said Iraq’s leaders are tirelessly engaging regional and international actors to ensure that the country does not become a venue for proxy conflicts.

Concerning the return of ISIL fighters and family members from Syria, she said their numbers remain unclear, but cautioned that the issue could potentially impact Iraq, the wider region and beyond if not addressed in a suitable manner.  She emphasized the importance of robust safeguards for detention, due process and fair trials, pointing out that many communities still feel marginalized and vulnerable to extremist messages.

On the domestic front, the Government needs time to fight narrow partisan interests and political parties, among other actors, she said, urging those actors to agree that Iraq’s interests must come first.  A federal Cabinet has been formed, albeit with no women appointees, and the Kurdish Regional Government is also up and running, she said, adding that expectations are high, with particular regard to such key dossiers as Kirkuk, Sinjar and the sharing of oil revenues.

She went on to express concern over the underfinancing of the Funding Facility for Stabilization and the Humanitarian Response Plan by more than $300 million and $500 million respectively.  Such shortfalls are hindering Iraq’s post-conflict humanitarian programming, she said, noting that, although 4.3 million people have returned home, acute needs persist in the health, electricity and water sectors.  Noting that the daunting challenges confronting Iraq did not arise overnight, she emphasized that they are also not solely the result of Iraqi actions.  As such, they will not be resolved tomorrow, she said, adding:  “Iraqis must press ahead in unity and with an engaged international community at their side.”

In the ensuing debate, Council members agreed on the importance of sustained international support for security sector reform and for preventing a resurgence of terrorism in Iraq.  Several delegates expressed concern over the absence of women from the newly formed federal Cabinet and other decision-making positions.  Many also addressed humanitarian concerns, including the return of 1.6 million internally displaced persons, the fate of foreign terrorist fighters and their families, and the fate of Kuwaiti and third-country nationals and assets missing since the first Gulf War.

Kuwait’s representative acknowledged Iraq’s efforts in locating the remains of those missing since the 1991 Gulf War and returning stolen property, including tens of thousands of books.  He said that the Special Representative’s announcement that human remains exhumed in March were confirmed to be those of missing Kuwaitis sparked hope that the fate of more missing persons will be revealed so that the issue can eventually be resolved.

Belgium’s representative said Iraq is at a turning point, emphasizing that the country needs an inclusive Government with robust institutions and women in key decision-making positions.  He went on to state that, as Chair of the Working Group on Children and Armed Conflict, Belgium encourages the Government to come up with an action plan that would lead to Iraq’s delisting from the Secretary-General’s annual report on the recruitment and use of child soldiers.

China’s representative, agreeing that Iraq is at a critical stage, stressed that all parties must respect its sovereignty, independence and territorial integrity.  Meanwhile, the international community should maintain its support for inclusive political dialogue and national reconciliation, while also helping Iraq in its pursuit of a development path compatible with its national conditions.

The Russian Federation’s representative emphasized the vital importance for the region of stabilizing Iraq.  Welcoming the Government’s focus on national reconciliation and economic reconstruction, he also stressed the importance of good neighbourliness and commended Iraq’s efforts to mend relations with Kuwait.  The Russian Federation will continue to help the Iraqi armed forces deliver security, he said, while also warning that rising tensions in the Persian Gulf could have a negative impact on Iraq.

On the other hand, the representative of the United States said that, in light of Iran’s support for militias destabilizing Iraq, the latter should replace them with Government forces, stressing that the Government has the right to control its own security.

Iraq’s representative emphasized that his country is keen to develop relationships with its Arab neighbours and also attaches importance to its ties with Iran and Turkey.  Concerning Da’esh, he said the current task is to deal with that terrorist group’s legacy by intensifying efforts to deal with foreign terrorist fighters, the widows and wives of terrorists, as well as child recruits and children born as a result of rape.  The problem of foreign terrorist fighters affects everyone, he emphasized, warning that, if mismanaged, it could create fertile ground for a new generation of terrorists.  He went on to request that the international community respect Iraq’s sovereignty and support its efforts to hold terrorists accountable through a judicial system that will apply due process in a transparent and professional manner.  “My Government is working on sending a clear signal to neighbouring countries that the stability and security of Iraq is a common interest,” he said, stressing that his country cannot tolerate more tension in the region.

Also speaking were representatives of Germany, Dominican Republic Côte d’Ivoire, Peru, France, Equatorial Guinea, United Kingdom, Indonesia, South Africa and Poland.

The meeting began at 10:05 a.m. and ended at 11:58 a.m.

Briefing

JEANINE HENNIS-PLASSCHAERT, Special Representative of the Secretary-General and Head of the United Nations Assistance Mission for Iraq (UNAMI), spoke by video-teleconference from The Hague.  Recalling the Council’s visit to Iraq on 29 June, she expressed concern about the underfinancing of the Funding Facility for Stabilization and the Humanitarian Response Plan by more than $300 million and $500 million respectively.  Such shortfalls are hindering Iraq’s post-conflict humanitarian programming, she said, noting that, although 4.3 million people have returned home, acute needs persist in the health, electricity and water sectors.  As for the political situation, Iraq’s leadership is hard at work building on the progress made to date, she said, emphasizing that there is no justification for painting a grim picture.  The Government needs time to fight narrow partisan interests and political parties, among other actors, she said, urging those actors to agree that Iraq’s interests must come first.  A federal Cabinet has been formed, albeit with no women appointees, and the Kurdish Regional Government is also up and running, she said, adding that expectations are high, particularly with regard to such key dossiers as Kirkuk, Sinjar and revenue‑sharing.

Touching on regional politics, she said Iraq’s leaders are tirelessly engaging regional and international actors to ensure the country does not become a venue for proxy conflicts.  “We should be lucid and recognize that current tensions could well deal a huge blow to all national and international endeavours to rebuild a stable and prosperous Iraq.”  Underscoring the Government’s determination to bring all armed actors under State control, she expressed hope that it will also speed up security sector reform and swiftly enact a joint security mechanism, thereby paving the way for joint operations between federal and Kurdish regional forces against Islamic State in Iraq and the Levant (ISIL/Da’esh).  Concerning the return of ISIL fighters and family members from Syria, she said their numbers remain unclear, but cautioned that the issue could potentially impact Iraq, the wider region and beyond if not addressed in a suitable manner.  She emphasized the importance of robust safeguards for detention, due process and fair trials, pointing out that many communities still feel marginalized and vulnerable to extremist messages.

Turning to other issues, she stressed the need for Iraq to achieve tangible results in fighting rampant corruption, also expressing concern that amendments to the Governorate Elections Law could lead to the disenfranchisement of many voters when elections take place in April 2020.  UNAMI will continue to highlight universal suffrage and the need for transparent and accountable electoral institutions and processes, she pledged.  On the issue of missing Kuwaiti and third-country nationals and missing Kuwaiti property, including national archives, she said that some human remains exhumed in Muthanna Governorate in March have been confirmed as belonging to missing Kuwaitis.  DNA analysis on other remains continues, she added.  She also announced that the Government of Iraq turned over more than 40,000 books belonging to the Amiri and national archives to the Kuwaiti authorities today.  She concluded by underlining that the daunting challenges confronting Iraq did not arise overnight, nor were they solely the result of Iraqi actions.  As such, they will not be resolved tomorrow, she said, adding:  “Iraqis must press ahead in unity and with an engaged international community at their side.”

Statements

JONATHAN R. COHEN (United States) said that, in order to achieve the enduring defeat of ISIL, all communities must feel secure, which can be done by consolidating security forces.  Given Iran’s support for militias destabilizing Iraq, he added, Government forces should replace them since Iraq has the right to control its own security.  He went on to welcome the progress made in forming the Government while noting that the Cabinet contains few female members and encouraging the appointment of women to decision-making positions.  Emphasizing that long-term stability depends on anti-corruption efforts and restoring trust in public institutions, he said the United Nations Development Programme (UNDP) needs more funds to promote such efforts, adding that the United States will pledge $100 million towards development projects.  Welcoming UNAMI’s efforts to restore trust funds for reconstruction and humanitarian initiatives, he expressed support for projects intended to identify missing persons.  However, the United States remains concerned about tensions between Iraq and the Kurdistan Regional Government over oil, he said, also urging the Government to address the issue of displaced persons and their return.

JUERGEN SCHULZ (Germany) said all actors, including the Government, must extend financial support to ensure that progress continues.  While welcoming the Government’s formation, he expressed his trust that the remaining Cabinet vacancies will be filled, including by women candidates.  Now that the Government has formed, it can focus on implementing reform and addressing the basic needs of its citizens, with a broad view to strengthening stability, thereby attracting financial investment.  He called upon Baghdad and Erbil to find sustainable solutions to outstanding issues, including oil.  Emphasizing the need for accountability as a key to post-conflict recovery, given the many displaced persons returning home, he said the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da’esh/Islamic State in Iraq and the Levant (UNITAD) must be able to do its important work.  It is also important to reduce regional tensions through dialogue and de-escalation, he added.  Calling attention to climate-related security risks affecting Iraq, including deadly farmland fires earlier this year, he said UNAMI should include this issue in its discussions with the authorities.

MANSOUR AYYAD SH. A. ALOTAIBI (Kuwait) commended efforts towards settling the issue of missing persons and properties, saying recent visits have helped to turn the page on a painful past and to resolve outstanding issues, while also elevating relations between Kuwait and Iraq.  Commending Baghdad for implementing Council resolutions and other commitments, he expressed hope that the fate of more missing persons will be revealed so that the issue can eventually be resolved.  He urged Iraq to continue its cooperation with the International Committee of the Red Cross (ICRC) and to return to the Kuwaiti property it seized, including more than 100,000 books.  He went on to express his country’s support for Iraq’s efforts to combat corruption, improve services and boost security, also pledging Kuwait’s support for reconstruction and other initiatives.

JOSÉ SINGER WEISINGER (Dominican Republic) expressed regret that no women were appointed to the federal Cabinet, despite two of them having been put forward for the education portfolio.  He also encouraged the federal and Kurdish regional governments to continue to improve relations and iron out their differences over oil revenues and security.  Noting that a resurgence of terrorism is a clear threat to national and regional security, he praised Iraq’s counter-terrorism campaign, stressing, however, the need for greater regional and international cooperation.  He went on to commend mine action efforts, applauding the equal numbers of men and women comprising the teams dealing with unexploded remnants of war.  Stressing the danger of Iraq becoming a theatre of confrontation, he said all countries in the region must work to ease tensions and restore stability.

GBOLIÉ DÉSIRÉ WULFRAN IPO (Côte d’Ivoire) urged the Iraqi authorities to fold the gender perspective into peacebuilding efforts, while calling upon the international community to mobilize resources for the United Nations humanitarian response plan.  He welcomed the cooperation between the federal and Kurdish regional governments, expressing hope that their dialogue will continue.  He went on to underline the need to build Iraq’s capacity to deal with Da’esh, to ensure accountability for the crimes committed by that group and to uphold the rights of victims.  Côte d’Ivoire also urges greater cooperation between Iraq and Kuwait on the issue of mission Kuwaiti and third-country nationals, as well as seized property, he said.

MARC PECSTEEN DE BUYTSWERVE (Belgium), emphasizing that Iraq is at a turning point, said the country needs an inclusive Government with robust institutions and women in key decision-making positions.  He went on to state that, Belgium, as Chair of the Working Group on Children and Armed Conflict, encourages the Government to come up with an action plan, with UNAMI’s help, leading to Iraq’s delisting from the Secretary-General’s annual report on that issue.  While welcoming the Government’s focus on fighting corruption, he said other persisting challenges include delivering economic development and basic services.  Turning to security sector reform, he said that, despite the military defeat of ISIL, the root causes that spawned it remain, stressing that no effort must be spared to avoid a its resurgence.  Iraq can only flourish when internal and regional security are assured, he said, calling for concerted regional and international efforts to that end.

PAUL DUCLOS (Peru) expressed concern about the lack of women appointees to the Cabinet, an issue the Council highlighted during its June visit.  He also welcomed the establishment of the Reconstruction Trust Fund, calling for efforts to attract new investments.  Encouraged by the progress of reconciliation initiatives and the fight against Da’esh, he commended Iraq’s contribution to regional stability.  He also welcomed its efforts to restore archives to Kuwait and to address the issue of missing Kuwaiti and third-country nationals.

ANNE GUEGUEN (France) called upon Baghdad and Erbil to continue negotiations to settle outstanding disagreements, emphasizing the essential need to build on the current momentum.  Dialogue must also guide national and regional relations, expressing her delegation’s support for Iraq’s efforts to foster regional dialogue, address the threat of ISIL and rebuild the country, including by ensuring the voluntary return of displaced persons to their home and initiating anti-corruption programmes.  The international community must stand by Iraq at this critical juncture, she stressed, calling for greater progress on including women in the political process and fighting impunity.

JOB OBIANG ESONO MBENGONO (Equatorial Guinea) said the Government can now focus fully on rolling out its programmes to promote rebuilding and foster a safe environment.  To build trust, the country’s income and resources must be properly managed, he said, commending anti-corruption initiatives.  Condemning asymmetric attacks by the remaining elements of ISIL, he called for efforts to stabilize areas once controlled by terrorists so that people can safely return to their homes.  Concerning the missing Kuwaiti and third-country nationals and assets, he said that he looks forward to the results of testing on human remains to settle outstanding concerns.

WU HAITAO (China), noting that Iraq is at a critical stage in the consolidation of its anti-terrorism efforts, emphasized that all parties must respect the country’s sovereignty, independence and territorial integrity.  support for Iraq’s counter-terrorism efforts must continue since the threat posed by terrorist remnants persists, he said, emphasizing that the Government’s handling of foreign terrorist fighters and their dependents deserves strong support.  The international community should also continue to support inclusive political dialogue and national reconciliation, including the facilitation of coexistence among all Iraqi parties, he said, urging the international community to help Iraq pursue a development path compatible with its national conditions.  He went on to note China’s efforts in that regard, including through the Belt and Road Initiative.

STEPHEN HICKEY (United Kingdom), noting that Iraq is very different from other Middle East issues on the Council’s agenda, said the question is how best to support the country following the defeat of Da’esh.  Finding a durable solution for the 1.6 million internally displaced persons is a concern for all, he said, welcoming the work of the Office of the United Nations High Commissioner for Refugees (UNHCR) in enabling voluntary returns.  Providing basic services should be a focus for the Government, with UNAMI extending assistance, he said, while also encouraging the Mission to maintain its focus on security sector reform.  Expressing concern over the absence of women from ministerial positions, he voiced hope that that will change soon.  The United Kingdom commends the federal and Kurdish regional presidents for addressing outstanding issues, including oil revenues, he said.  Iraq has made great progress, but still faces significant challenges, and it is vital that the international community remains engaged in supporting the Government as it steers the country towards the fulfilment of its huge potential.

MUHSIN SYIHAB (Indonesia) said Iraq is on the right track towards a democratic and prosperous future, given ongoing efforts by the Government and people, supported by the regional and international communities.  However, the security situation remains fragile as the remnants of ISIL continued to attack the Iraqi people and security forces.  He expressed Indonesia’s support for the security forces’ anti-terrorism campaign, adding that his delegation is pleased to note that the Iraqi authorities handed over the remains of Kuwaiti citizens from Samawa on 8 August.

XOLISA MFUNDISO MABHONGO (South Africa) expressed his delegation’s support for UNAMI’s mandate, saying it promotes strengthening of the Government and its subsequent electoral processes.  Emphasizing that peace and security are fundamental for Iraq to develop infrastructure, grow its economy and provide basic services to all citizens, he said South Africa supports the full consolidation of Iraqi army control over all the national territory.  He went on to note that the decrease in the number of internally displaced persons demonstrates that Iraq is recovering from years of conflict and instability, calling for engagement by the Peacebuilding Commission in support of the Government’s efforts, especially in institution-building and post-conflict reconstruction and development.

DMITRY A. POLYANSKIY (Russian Federation) said the new Iraq has a great deal to do, even with the significant progress already made.  Formation of the Government should be concluded expeditiously, he said, emphasizing the vital importance of stabilizing Iraq to the stability of the entire Middle East and the importance of rebuilding the economy and developing the agriculture sector.  Welcoming the Government’s focus on national reconciliation and economic reconstruction, he also stressed the importance of good neighbourliness, commending Iraq’s efforts to mend relations with Kuwait.  There is also a need to settle differences within Iraq, in particular relations between the federal and Kurdish regional governments, he said, adding that terrorism must be tackled through the broadest coordination of counter-terrorism efforts.  The Russian Federation will continue to help the Iraqi armed forces restore and deliver security, he said, while warning against the negative impact on Iraq of rising tensions in the Persian Gulf.  The international community should avert a situation that will reverse hard-won counter-terrorism successes, he stressed.

JOANNA WRONECKA (Poland), Council President for August, spoke in her national capacity, welcoming further progress on formation of the Iraqi Government.  She also commended efforts by the authorities to restore stability and prosperity, in particular their continued focus on fighting corruption and on finding ways to improve the business and investment environment.  She also commended Iraq’s decision to bring the Popular Mobilization Forces under effective State control, describing it as an important step towards advancing security sector reform.  After years of conflict, the path to stabilization and reconciliation will require time, extensive reforms and the building of strong institutions, she noted, emphasizing that such a process must meet the needs of all Iraqis.  The stabilization and reconstruction of areas recaptured from Da’esh are indispensable for creating the conditions for voluntary, dignified and safe returns by internally displaced persons, as well as their local integration and resettlement, she said.

SARHAD SARDAR ABDULRAHMAN FATAH (Iraq) said the common goals of Iraqi citizens is to enjoy a life of freedom and dignity with a Government that serves their interests.  Citing the Government’s Plan of Action for 2018‑2022, he said the most important challenges pertain to economic reform, the status of women, bolstering human rights, eliminating unemployment, security sector reform and social development, all of which demand stability.  Iraq deserves to live in safety and to fulfil the aspirations of its people, especially after the war it has waged against terrorism, he emphasized.  Detailing recent progress, he pointed to joint efforts by the federal and Kurdish regional governments to address pending issues on the basis of the Constitution.  He also noted that Iraq submitted its first report to the High-Level Political Forum on Sustainable Development, summarizing its progress in implementing the 2030 Agenda for Sustainable Development.  The Government has drawn up a national development plan, a strategy to combat poverty and a reconstruction plan that runs through 2027, he added.

Describing the defeat of Da’esh as an important victory for Iraq’s military and security forces, he expressed thanks to the international coalition led by the United States for its assistance.  The task now is to deal with that terrorist group’s legacy by intensifying efforts to deal with such issues as foreign terrorist fighters, the widows and wives of terrorists, and child recruits and children born as a result of rape.  Greater efforts are needed to stabilize liberated areas and deal with the tragedy of internally displaced persons, he said.  He emphasized that the problem of foreign terrorist fighters affects everyone, warning that, if mismanaged, it could create fertile ground for a new generation of terrorists.  He also called attention to the danger posed by hundreds of Da’esh women, saying they remain capable of recruiting new fighters and their presence in Iraqi camps and prisons is a burden that the international community and organizations such as UNHCR must share.  It is not only an issue of providing food, water and medicine, but also a matter of security and limiting the spread of extremist ideology, he stressed.  He requested that the international community respect Iraq’s sovereignty and support its efforts to hold terrorists accountable through a judicial system that will apply due process in a transparent and professional manner.

He went on to call upon all Governments concerned to take full responsibility for the repatriation of their citizens, including putting them on trial.  Regarding the children of Da’esh fighters, he said they can be divided into two categories:  juveniles to be sent away for rehabilitation if found guilty of belonging to Da’esh or participating in its activities; and those under the age of criminal liability, who would be turned over to the diplomatic missions of their respective countries.  The nature of such a task requires sensitivity and in-depth examination of the status and citizenship of each youth, he underlined, noting that Iraq has turned over 473 foreign children to the embassies of several countries since 10 July.  “My Government is working on sending a clear signal to neighbouring countries that the stability and security of Iraq is a common interest,” he continued, emphasizing that his country cannot tolerate more tension in the region.  It is keen to develop relationships with its Arab neighbours and also attaches importance to its ties with Iran, he said, adding that the same applies for Turkey.

He went on to point out, however, that the Government has sent 54 letters of protest to the latter country demanding a halt to Turkish shelling of targets inside Iraq, reaffirming the Government’s determination that its territory is not used to attack neighbouring States.  He also detailed the return of the remains of 32 Kuwaitis missing since the 1991 Gulf War, as well as tens of thousands of books, including a shipment flown out to Kuwait on a C-130 Hercules aircraft on 27 August.  More books will be soon returned by instalments soon, he said.  Thanking ICRC for its assistance in locating the remains of Iraqi soldiers in Kuwait, he concluded by reiterating the Government’s commitment to a prosperous Iraq working in cooperation with the international community to eliminate the ravages of terrorism and to speed up reconstruction in pursuit of the Sustainable Development Goals and the Plan of Action, in accordance with the law.

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23 hours ago, DinarThug said:

Baghdad sends a high-level government delegation to Erbil to complete the talks

بغداد ترسل وفداً حكومياً رفيعاً إلى أربيل لإكمال المباحثات

 

lik 0

2019/08/27 08:39:50 PM 

 

 

 Baghdad / Range

 

A delegation headed by Federal Minister of Interior Yassin Taher Al-Yasiri will visit Erbil (today)

To complete the talks between the federal government and the Kurdistan region on the files of oil export and payment of funds and the application of Article 140 of the Constitution.

The visit comes in response to the visit of the President of the Kurdistan Regional Government Masroor Barzani to the capital Baghdad last July.

"The delegation of the Federal Ministry of Interior will come to Kurdistan to negotiate the differences between Baghdad and Erbil.

He added that "talks will take place between the two ministries, and is scheduled to discuss during the meeting the overall differences between Erbil and Baghdad."

On the committees formed to visit Baghdad, the Minister of Interior in the Kurdistan Regional Government said that "our committees are concerned with the security and military file and Article 140 and its application, and there is a committee to negotiate on oil and gas debts and a range of related topics."

The President of the Kurdistan Region, Nechirvan Barzani, and the President of the Kurdistan Regional Government, Masroor Barzani, visited Baghdad last month, in order to find solutions to the outstanding issues between Erbil and Baghdad, followed by a visit by an Iraqi government delegation to Erbil, during which he met with senior officials of the Kurdistan Regional Government.

The parliamentary circles confirmed to the extent during the past few days the intention of a high-level Kurdish delegation to visit the capital Baghdad to complete its negotiating rounds, which began in July, revealing that the delegation will present an initiative to the federal government aimed at zeroing crises.

`` The agreement that was signed before the Eid holiday between the oil and finance ministers of the federal government and the President of the Kurdistan Regional Government Masroor Barzani is the arrival of a Kurdish delegation from Erbil to Baghdad to complete the talks on the outstanding issues, '' said Shirwan Jamal Khidr, a member of the parliament's provincial and provincial committee.

The dispute between Erbil and Baghdad focuses on three main issues: energy (oil and gas), federal budget allocations and the disputed territories covered by Article 140.

"The meetings, whether in Baghdad or Erbil, will have one objective," Khader said in a statement to Al-Mada. "The solutions exist for oil, budget and Article 140."

He adds that "the joint technical committees between the parties will work to develop a new agreement in the federal budget law to ensure solutions to these files before sending them to the House of Representatives," believing that "the results will be positive this time between the two teams."

He stresses that "the current Kurdistan Regional Government is determined to zero all files inherited between Erbil and Baghdad and work to end them radically," noting that "the general orientation of the government open to Baghdad to resolve all outstanding problems."

He adds that "what reinforces this trend more recent Federal Court decision, which confirmed the constitutionality of Article 140," stressing that "the Kurdistan region is very serious this time in the application of the Constitution and resolve all outstanding differences between the parties."

The Federal Supreme Court, earlier ruled the entry into force of Article (140) of the Constitution of the Republic of Iraq, stressing that this continues until the implementation of its requirements and achieve the goal of its legislation.

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Parliamentary Finance: Kurdistan is waiting for news from Baghdad to negotiate outstanding issues

 

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29th August, 2019
 

The decision of the Parliamentary Finance Committee Ahmed al-Saffar, Thursday, that the Kurdistan region is waiting for news from Baghdad in order to hold meetings between the Center and the region on resolving the differences and outstanding issues between the parties, pointing out that the 2020 budget will face difficulties if the parties do not reach a solution to the outstanding problems.

Al-Saffar said in a statement to the information, that "the issue of resolving differences and the formation of negotiating committees between the Center and the regions are not related to the deputies, but the region formed two specialized delegations, one concerned with financial issues and border ports and financial issues between Baghdad and Erbil, and the other delegation concerned with the oil file and Article 140."

He added that "Kurdistan is waiting for news from Baghdad in order to hold a meeting between the negotiating committees between the Center and the region, to resolve the contentious issues between the parties."

Al-Saffar, a deputy for the Kurdistan Democratic Party, that "the Finance Committee informed the parties in Baghdad and Erbil that the 2020 budget will face difficulties in the absence of a political agreement between Baghdad and Erbil, and know the results of the dialogue between them."

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Parliamentary economy: one of Eid al-Fitr holidays, the state suffered losses worth 80 billion dinars


16839.jpg

 

29th August, 2019

 

The Committee on Economy and Investment, on Thursday, that one of the holidays in the Eid al-Fitr, the Iraqi state suffered losses worth 80 billion dinars

The committee said in a statement received, the economy news, "We called on the parliament to amend the law of public holidays in the House of Representatives to determine the working hours in state departments and reduce some public holidays because they incur significant losses of the country," noting that "one of the holidays Eid al-Fitr has been incurred The state estimated losses of more than 80 billion dinars

The committee added in a previous report that "the Ministry of Planning has developed a study, that the number of employees in Iraq (4) million employees, including (2) million and (200) thousand civil servants and the rest within the security services," noting that "the income of the Iraqi individual per hour The average monthly income of an employee is 500 thousand dinars for (22) working days and (6) actual working hours

She added that "if the number of holidays and counted on the level of per capita income per day will be found that Iraq is incurring significant losses in public holidays by (8-10) billion dinars per day," noting that "one of the holidays in the country that lasted for (10) Days led to the loss of the country by more than (80) billion dinars through the salary of the employee without the presence of actual work

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23 minutes ago, DinarThug said:

We called on the parliament to amend the law of public holidays in the House of Representatives to determine the working hours in state departments and reduce some public holidays because they incur significant losses of the country," noting that "one of the holidays Eid al-Fitr has been incurred The state estimated losses of more than 80 billion dinars

The committee added in a previous report that "the Ministry of Planning has developed a study, that the number of employees in Iraq (4) million employees, including (2) million and (200) thousand civil servants and the rest within the security services," noting that "the income of the Iraqi individual per hour The average monthly income of an employee is 500 thousand dinars for (22) working days and (6) actual working hours

She added that "if the number of holidays and counted on the level of per capita income per day will be found that Iraq is incurring significant losses in public holidays by (8-10) billion dinars per day," noting that "one of the holidays in the country that lasted for (10) Days led to the loss of the country by more than (80) billion dinars through the salary of the employee without the presence of actual work

 

 

Hahaha, Iraq takes half the year off.  I’m surprised it’s not more

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Kuwait calls on countries participating in the conference to rebuild Iraq to fulfill their obligations


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29th August, 2019

 

Kuwait, which participated in the Conference on the Reconstruction of Iraq, which hosted Kuwait in February last year, to fulfill its obligations

Kuwait's Permanent Representative to the United Nations, Ambassador Mansour Al-Otaibi, said during the session of the Security Council on Iraq, according to the official Kuwait News Agency (KUNA), that he "encouraged all countries that participated in the conference to fulfill its commitments," expressing hope for "cooperation and coordination With the Iraqi government to establish a mechanism to follow up on the implementation of those commitments to contribute to achieving the aspirations of Iraqis

Al-Otaibi added that "our bilateral relationship with the Republic of Iraq is witnessing continuous and positive developments, turning the page of that painful past, opening a new page of fruitful cooperation and translating this approach by solving the remaining outstanding issues. There are determined steps taken by the leadership of both countries embodying the concepts of brotherhood and neighborliness

He continued, "Bilateral visits are at the highest level, most notably the visit of the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah last June and the joint bilateral committees are an important indicator to strengthen that cooperation

"Since the demise of Saddam Hussein's regime, Kuwait has provided all kinds of support and assistance to the Iraqi people," he said

He continued: "We look forward to strengthening support by investing promising opportunities in the so-called relations and raise them to the level of ambition and achieve the two countries and their peoples progress and prosperity," praising the "commitment and commitment shown by Iraq in fulfilling all remaining international obligations stipulated in the relevant Security Council resolutions towards State of Kuwait as required

 

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Kuwait calls on countries participating in the conference to rebuild Iraq to fulfill their obligations    

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Kuwait calls on participants in Iraq reconstruction to meet their commitments  

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Iraq and Jordan discuss the development of bilateral relations and the volume of trade exchange


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29th August, 2019

 

Minister of Trade Mohammad Hashem Al-Ani discussed with Jordanian Ambassador in Baghdad Montaser Al-Zoubi the development of bilateral economic relations and Jordanian participation in Baghdad International Fair

The ministry said in a statement received by "Economy News" that the Minister Mohammed Hashem al-Ani met with the Jordanian ambassador; to discuss the reality of bilateral relations between the two countries, and ways to develop them in the economic, trade and investment fields, and the Jordanian participation in Baghdad International Fair in its 46th edition

Al-Ani called on the Jordanian side to actively participate in the next session of the Baghdad International Fair to be held in November 2019

He pointed out that the new session of the exhibition represents an important economic demonstration and a meeting place for Arab, local and international companies, and a key step to achieve cooperation between the Iraqi private sector and international and Arab companies, as well as being a great opportunity for international companies to see the investment opportunities available in Iraq

For his part, the Jordanian ambassador stressed that the Kingdom attaches special importance to the relations with Iraq because of their social, economic, cultural and civilizational dimension

Montaser Al-Zoubi said that the Jordanian participation in the Baghdad International Fair will be distinguished this year by you and the type of companies participating

He added that a Jordanian commercial center will always be opened in Baghdad; to display Jordanian products, which will be an important opportunity to enter the Iraqi market

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The Kurdistan Region receives support from the World Bank

 

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29th August, 2019


The head of the Kurdistan Regional Government, Masroor Barzani, met in Erbil on Thursday with World Bank Regional Director Saroj Kumar Jha, and discussed with him a number of files.

The Regional Director of the World Bank, during the meeting, was pleased to form a new government in the Kurdistan region, pointing out that he was briefed on the government program, describing it as excellent. He also stressed that the World Bank supports the government program, and welcomes working with the Kurdistan Regional Government in its implementation.

During the meeting, the World Bank's Regional Director identified the World Bank's representative in Iraq, Ramzi Noman, and noted that World Bank experts are ready to come to the Kurdistan Region to assist the government in financial reforms in particular.

For his part, the President of the Kurdistan Regional Government Masrour Barzani thanked the World Bank, according to a government statement issued today.

 Barzani said, "We are pleased to support an important institution such as the World Bank for the government program, whose main objective, and through our efforts and capabilities and the support of our friends, to develop the economy of the Kurdistan Region and diversify its sources of income in a way that does not rely on a single source of income, and pay more attention to the sector of agriculture, industry and tourism And create a suitable platform for international and domestic investment, so that the Kurdistan Regional Government to all its citizens and without discrimination.

 

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The World Bank offers to help the Kurdistan region in financial reforms  

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size=7]High net foreign investment and trading volume[/size]

 


Wednesday 28 August 2019

 

alsabaah-18229.jpg

Baghdad / morning

 

The Securities Commission issued a report on trading in the stock market for the second quarter of this year, dealing with the volume of trading and the number of shares traded and the number of contracts executed, in addition to the volume of net foreign investment, which recorded a rise. 

Foreign Trading

According to the report, the purchase of foreigners during this quarter amounted to (4127.7) million dinars, which is more than their sale which amounted to (1129.6) million dinars, which made the net foreign investment (purchase of shares by foreigners - sale of shares by foreigners) Rises to reach (2998.1) million dinars.
 
Volume 
The report pointed out that the trading volume increased during the second quarter to approximately (77.8) billion dinars compared to about (23.2) billion dinars during the first quarter of 2019, an increase of (235.1 percent). 53.8 percent from the second quarter of 2018. '' During the second quarter, the telecom sector ranked first in terms of trading volume, reaching KD (37.4) billion, representing (48.0 percent) of the total. The industrial sector came third with KD (4.6) billion and (5.9 percent) of the total.
"The average trading volume during the second quarter was about JD (1.3) billion compared to about JD (0.4) billion during the first quarter. The number of trading sessions during this chapter reached (60) trading session against (61) sessions. Tadawul for the first quarter of 2019.
 
Stocks traded
The report stressed that the number of shares traded during the second quarter to nearly (90.1) billion shares compared to about (42.8) billion shares during the first quarter of 2019, and an increase of (111.7 percent); For the second quarter increased by (30.5 percent) than in the second quarter of 2018.
"The banking sector ranked first in terms of the number of shares traded, where the number of shares amounted to (79.7) billion shares, or (88.4 percent) of the total, and came in second place the telecom sector, which traded shares amounted to (4 (7) billion shares, or (5.2 percent) of the total, while the third came the industrial sector where the number of shares traded approximately (3.3) billion shares, or (3.6 percent) of the total.
`` The average number of shares traded reached about (1.5) billion shares compared to (0.7) billion shares for the first quarter of 2019. ''
 
Number of contracts
The report said that the number of contracts executed amounted to (21.7) thousand contracts compared to about (18.7) thousand contracts for the first quarter of 2019 and an increase of (15.8%), noting that the number of contracts for the second quarter increased by (6, 0 percent) than in the second quarter of 2018. ''
The report pointed out that "the banking sector ranked first in terms of the number of contracts, which amounted to approximately (6.7) thousand contracts, or (31.7 percent) of the total, and came in second place the industrial sector, where the number of contracts about (5, 9) One thousand contracts (27.4 percent) of the total, and came in third place the agricultural sector where the number of contracts executed (2.6) thousand contracts, or (12.2 percent) of the total.
 He pointed out that the rate of the session for the number of contracts executed amounted to about (361.2) contracts during the second quarter of 2019 compared with (306.7) contracts during the first quarter.
 
General Index
The general index of stock prices in the Iraqi market for securities (ISX60) for the second quarter of 2019 increased by (9.6) percent to close at the end of the second quarter of 2019 at (496.31) points compared to (452.46) points at the end of March the past.

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Parliamentary energy: fiscal abundance is enough to fill the 2019 budget deficit


Wednesday 28 August 2019

Baghdad / Muhannad Abdul Wahab

 
The Parliamentary Energy Committee confirmed that the financial abundance due to high oil prices will be sufficient (only) to fill the budget deficit of 24 trillion dinars 2019, likely not to need a supplementary budget this year, while pointing out that Iraq is committed to the instructions of the Organization of Petroleum Exporting Countries Oil.

The committee member Sadiq al-Sulaiti said in an interview with "morning", that "the financial glut from the high price of oil will be sufficient only to fill the budget deficit, and I do not think there is any supplementary budget."

Al-Sulaiti, "The origin of the budget prepared on the amount of a deficit of approximately 24 trillion dinars, and the investment budget of up to 27 or 28 trillion, so most of them will depend on the financial abundance of oil."  

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Masrour Barzani in the first statement of its kind on the unity of Iraq

 

Masrour Barzani in the first statement of its kind on the unity of Iraq
 
 
2019/8/29 17:12
 
 
The Prime Minister of the Kurdistan region, Masroor Barzani, that Iraq is one country from north to south.  This came during a meeting with Interior Minister Yassin Taher al-Yasiri, on Thursday, the Prime Minister of the Kurdistan region Masroor Barzani in the latter's office in the province of Erbil. 

A statement from the Ministry of Interior, received (Euphrates News) a copy, that "Yasiri conveyed the greetings of Prime Minister Adel Abdul Mahdi to the government and people of the Kurdistan region, wishing that security and peace prevail in all provinces of our beloved homeland." 

The Minister of Interior, "This visit comes within the framework of expanding the horizons of cooperation and coordination between the governments of the Center and the region," pointing to "the importance of such visits in overcoming obstacles." 

For his part, the Prime Minister of the Kurdistan region welcomed the visit of the Minister of Interior and the delegation accompanying him, stressing his keenness to "simplify procedures for all Iraqi citizens." "Iraq is one country from north to south," said Masrour Barzani, adding that "everyone is concerned with preserving the integrity of its territory and achieving security and well-being for its people."  The statement continued, "Yasiri obtained the approval of the Prime Minister in the Kurdistan region to cancel the entry fee of the region of ten thousand dinars per person."
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1 hour ago, Master Oogway said:

An entry fee of 10,000 dinar is less than or near about $9 US at the current exchange rate. 

 

I’m Going To Disnar World ! :o 

Disney, Disney World, and Funny: HAPPIEST PLACE ON EARTH Disney world p.s. please sub
:D  :D  :D 
 

 

 

Edited by DinarThug
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Talabani to an American delegation: the importance
of re - start the application of Article 140

 

Talabani to an American delegation: the importance of re - start the application of Article 140
 
2019/8/29 23:45
 
 
The Deputy Prime Minister of the Kurdistan Regional Government, Qubad Talabani, on Thursday, in the city of Erbil, with a delegation from the US Consulate, and a Norwegian diplomatic delegation, topics of budget, oil, security, and relations between Erbil and Baghdad.

This came during a meeting with Talabani, the delegations separately, as the Vice President of the Kurdistan Regional Government discussed the issues of maintaining security and stability of the region after the emergence of dangers to the remnants of the remnants of the Islamic State in the border areas, stressing the importance of re-start Article 140 of the Iraqi constitution Disputed. 

Another focus of the meetings included highlighting the new steps of the KRG in solving problems and improving services, as well as explaining to the visiting delegations the extension and generalization of the reform process and developments in relations between Erbil and Baghdad.

The delegation of the US Consulate, along with Steven Vijn, the US Consul, included Andrew Linder, Political and Economic Affairs Officer at the Consulate, while the Norwegian delegation was headed by Norwegian Special Representative for Syria and Iraq, accompanied by Tony Allers, Norwegian Ambassador in Baghdad, and Rohr Huxdal, Deputy Consul. Senior Advisor to the Norwegian Embassy in Iraq.
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The document .. Securities Commission denies license brokerage and investment company to work outside Iraq

 

The document .. Securities Commission denies license brokerage and investment company to work outside Iraq

 

30th August, 2019

 

The Securities Commission denied on Friday that it has licensed any brokerage and investment company to operate outside Iraq.

"The purpose of this clarification is to preserve the funds of investors and to be victims of fake companies or branches," it said in a document received by Al Ghad Press.

 

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The document .. Securities Commission denies license brokerage and investment company to work outside Iraq

 

en-RmfO4Cw3503ZRW0QSkqrX9a9b1LwH_1YrSXRz

 

30th August, 2019

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On 8/28/2019 at 10:46 AM, DinarThug said:

Issuing a package of decisions related to the entry and exit of funds across the Iraqi borders


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28th August, 2019

 

Ali Mohsen Ismail, chairman of the Council for Combating Money Laundering and Terrorism Financing, has issued a series of decisions concerning the controls on the declaration of funds when they are brought in and taken out across the Iraqi border

Among the new decisions, customs authorities may be allowed to search people and inspect their luggage to verify the authenticity of the information

As for the amounts allowed in or out of the territory of the Republic of Iraq, amounts below (10) thousand US dollars or the equivalent of other currencies are allowed to enter without authorization

Amounts exceeding (10) thousand US dollars to (20) thousand US Dollars are required to be declared with the need to show supporting the purpose of the introduction or removal of these amounts

It is required that the process of inserting and removing funds through financial institutions exclusively if the amount exceeds (20) thousand US dollars

One of the decisions stipulates that "the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited even if they have been declared, and the amount is withheld and legal proceedings are taken

 

8-30-2019   Intel Guru Frank   Article

"Issuing a package of decision related to the entry and exit of funds across the Iraqi borders"   ...

today [Wednesday] the CBI came out and said...

for now on anything less than $10,000 American dollars can enter Iraq and it can leave Iraq...

$10,000 to $20,000 American dollars requires documentation...

anything more than 1 million IQD coming in or out of Iraq is not allowed...

Is 1 million IQD equal to $20,000 American Dollars?...

Is this the initial exchange rate?...

that was an interesting article.

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From Delta ...

 

 

 

I DID ASK TBI BANK IF I CAN USE MASTER CARD ABROAD...

 

ANSWER FROM TBI ...

 

"you can use it in withdrawals from ATMs and direct purchase from the points of sale as well as in the Internet such as subscriptions and airline reservations, hotels, shopping sites and promotion in social networking pages in any country of the world except Brazil, Indonesia, Syria and Iran."

 

DELTA

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8-30-2019   Intel Guru Frank26   ...

my broker one day called me and said 

'we're gonna have to limit the amount of dinars that we sell to 1 million per customer'  ...

The CBI said 'we're not going to sell our currency to any brokers,

any dealers any money exchangers no more...

and the CBI stopped selling its currency.

(They only did it by selling through the auction)  ...

now with what...we told you yesterday 

Whales and sharks cannot go inside Iraq and come out with a whole bunch of dinars...

they tightened up their borders and this is fantastic. 

And you don't do this for toilet paper currency.  You don't do it for a program rate.  

You do it to secure your borders because you're about to have a currency that is so valuable that it's going to become a pivotal currency in the heart of the Middle East...

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Post From Delta Addressing A Question About The Currency Going Digital ...

 

 

 

WHEN COUNTRIES ARE UNDER ARTICLE 14 OF IMF IS VERY RISKY TO DEAL WITH THEIR CURRNCEY..NO COUNTRY UNDER ARTICLE 14 CAN GO DIGITAL...CURENCY HAS TO BE IN FOREX TO BE CONVERTED...…. WITHOUT IRAQ LIFTING ZEROS AND SHOWING THE TRUE RATE THEY WILL NEVER BE INTERNATINOAL 

 BLAST FROM THE PAST 2012

Finance: Delete the zeros of the local currency enhances the value of Iraqi dinar in the International Monetary Fund Palm – The Ministry of Finance that the deletion of zeros from the local currency will liberate the Iraqi economy from the constraints and enhance the value of Iraqi dinar in the International Monetary Fund. The chancellor said the Ministry of Finance Zia Alckheon that the survival of the existing currency to its current state would not address the question of the economic gap experienced by the Iraqi dinar as it will increase the burden on the local economy.

The International Monetary Fund expressed support for the Iraqi economy in the event of his a number of economic measures, including the privatization of banks and lifting the three zeroes from the currency and honoring debts.

 

LIKE I SAID BEFORE IT'S NOT AN OPTION FOR IRAQ.  

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DELTA

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Yasiri: We are waiting for the arrival of CVs of education candidates

 

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31st August, 2019
 

 

The head of the parliamentary education committee Qusay al-Yasiri, on Saturday, the House of Representatives received the curricula vitae of the candidates of the Ministry of Education, indicating that the parliament is waiting for the arrival of curricula vitae of education candidates to be presented to vote.

Yasiri said in a statement to the information, that "the House of Representatives has not yet received any curriculum vitae of the candidates of the Ministry of Education," stressing that "This is linked to Prime Minister Adel Abdul Mahdi."

He added, "The House of Representatives hopes the Prime Minister to send resumes to the candidates of education this weekend before the next meeting of the House of Representatives to choose one of the candidates for education."

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Mashat calls for reform of the tax system in Iraq

 

image.jpeg.eba1941aa900da59a2f802ab40b648f3.jpeg

 

31st August, 2019


 

Called the financial expert Sadiq Mashat, on Saturday, the need to adopt the process of reform of the tax system in Iraq. "Reform of the tax system makes it able to achieve fiscal policy objectives without affecting low-income people," Mashat said in a statement received by Mawazine News. 

And that, "European countries reap taxes on an ongoing basis and all that is sold or purchased from the public and private sectors, and this is what Iraq currently needs to increase the cash income of the budget." 

Al-Mashat pointed out that "the main problem is that the contribution rate of tax revenues in Iraq is very shy and does not reach at best to 5% of the general budget."

 

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