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A US Report Is Likely To Force Iraq "Economically Fragile" To Replace All Of Its Imports From Iran !

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CNN. Broadcasting The Reporting Of A Report !
 

 

27-04-2020 02:43 PM
 

A US report is likely to force Iraq "economically fragile" to replace all of its imports from Iran

 

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Baghdad / news

 

 

A report published by the American Stratfor website announced today, Monday, that Iraq will be forced to replace all its imports from Iran over the next three years, especially after allowing it to import gas for electricity for a single month.

The report said, "The constant threat of US sanctions threatens to further destabilize the fragile Iraqi economy, which is facing its deep conflicts due to Corona and the decline in oil prices." The pressure recently is by shortening the period of exemption from the last sanctions to only 30 days before they start imposing sanctions on Iraq's imports of Iranian natural gas.

"The goal is likely to be to compel Iraq to replace all of its imports from Iran over the next three years, especially given that Iraq’s consumption of Iranian gas imports has actually increased from 24% to 31% between 2018 and 2019," the report added.

 He pointed out that "against the backdrop of the spread of the Corona pandemic, the growing restrictions imposed by Washington to rid Iraq of Iranian influence only contribute to further dumping the country's economy and government in chaos. However, reducing this consumption significantly will require huge international investment, In addition to increasing Iraq’s acquisition of natural gas to improve the economy and benefit from its domestic production.

 "Although Corona dealt a severe blow to the Iraqi economy, concerns about containing the disease outbreak in the country are giving Baghdad a truce from the recent wave of anti-government protests, and this is explained by the fact that more people remain in their homes for fear of infection or spreading the infection, where many fewer came out From the Iraqis to the streets in recent weeks to express their complaints about Baghdad, but after the immediate health crisis begins to fade, and with the acute shortage of water and electricity in Iraq again during the summer, the demonstrations are likely to return again. "

 "If the United States intensifies its bombing campaign against Iranian-backed armed factions, then it may risk further protests in Iraq by fueling the anger of Iraqis who are tired of falling between the exchange of fire between the United States and Iran's proxy arms," he said.

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A new sanctions program against Iran, according to the trigger mechanism!

 

2020.04.27 - 17:45


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Baghdad - people  
 

The New York Times said that US Secretary of State Mike Pompeo is preparing to put forward an "infernal" plan that cancels Washington's withdrawal from the nuclear agreement with Tehran, as part of a complex plan to increase pressure on Iran.  

The newspaper said in a report by "people", today (April 27, 2020), "Pompeo developed this complex plan so that the United States, as a key signatory to the nuclear agreement, can extend the UN arms embargo, or trigger the trigger mechanism or sanctions. Automatic return of UN sanctions. "  

"Pompeo is preparing a bill for this purpose that would allow the United States to remain a member of the nuclear agreement with Iran from which Trump had previously withdrawn," the newspaper added.  

She stressed that "this project comes as part of a complex strategy, to increase pressure on the Security Council, in order to extend the arms embargo it imposes on Iran or imposes tougher sanctions on this country."  

The newspaper report emphasized that "this project was included on the agenda of the United States, because estimates indicate that any attempt to extend the arms embargo imposed by the UN Security Council on Iran, in the event that it is proposed within the council, is likely to face Russia openly and use the veto ) Against him, as China is likely to oppose it openly or implicitly, especially since the Russians have told US and European officials that they want to resume arms sales to Iran.  

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Military expert: The Iraqi negotiator is not considering a complete withdrawal of US forces

 

Military expert: The Iraqi negotiator is not considering a complete withdrawal of US forces

 

 

Follow up / Tomorrow Press:

 

 

The military and strategic expert, Hisham Al Hashimi, stressed that it is too early to talk about a timetable for the withdrawal of foreign forces from Iraq.

Hashemi said in exclusive statements to Radio "Sputnik" that the upcoming Iraqi-American negotiations will be to set a timetable for the withdrawal of American forces from Iraq.

He continued, "The goal of the negotiations is to reduce the number of combat forces from the international coalition, especially the United States of America."

Hashemi stressed that the Iraqi negotiator is not considering a complete withdrawal of American forces, whether they are combat or logistical forces.

And the military and strategic expert said, that these negotiations are not limited to military efforts, and may expand even further, which is activating what was called the Strategic Framework Agreement in some of its aspects that have not been done, he said.

On the extent of Iraq’s need for coalition roles, Al-Hashemi explained, that intelligence confirms that Iraq still needs the roles of the international coalition, such as armament, surveillance, training, espionage, and intelligence, more than it needs human resources from these countries.

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Iraq and the challenge of Iranian access to the Mediterranean

 
- 23 Hours Ago
 
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At a time when the Iraqi Prime Minister-designate Mustafa Al-Kazemi exerts all his efforts to cross to the formation stage and pass the proposed ministerial formation and overcome all the declared and undeclared obstacles that the Iraqi forces, parties and components put in front of him in defense of their interests and stakes in the prospective government, other challenges emerge, awaiting his arrival in the region The other part of the parliamentary confidence that establishes the start of work and the transition to the stage of political management of the Iraqi square with all its complications and the challenges it stores in drawing a delicate balance between domestic ambitions and external requirements, and the balance between regional and international interactions What surrounds the relationship between the conflict and the conflict.

Perhaps one of the most prominent challenges that will be on the agenda of Al-Kazemi’s missions after parliamentary confidence is how to deal with the legacy he transferred from the previous authority combined, which is represented by the Presidents Barham Salih and the former government, Adel Abdul-Mahdi, from a clear political base based on the continuity of power, especially that The change that this authority witnessed was not a radical revolution, but rather a transition that preserved the constitutional and democratic frameworks, despite the many faults that accompanied this process.
Among these obligations is what relates to the treaties previously signed by the Abdul Mahdi government with a number of countries, including the Iranian state, especially that treaty that relates to the topic of "land linkage between the two countries via railways," or what is known as the Shalamsha railway. Shalamjah) - Basra or Khorramshahr - Basra), which is one of the most important economic ambitions of Iran in this delicate and critical stage.

Although the Iranian side made a lot of diplomatic efforts during the era of former Iraqi Prime Minister Haider al-Abadi to pass the linkage agreement without being reconciled to Iraqi considerations held by al-Abadi at the time, he was able to obtain an Iraqi positive during the visit of President Barham Saleh to Tehran By signing in principle the "completion of the linkage" agreement, leaving the issue of converting it into a binding and executive agreement to the prime minister who did not hesitate to formally adopt it on a subsequent visit to Tehran.

As for why Al-Kazemi should face this entitlement, it is due to the fact that the Abdul Mahdi government did not put this agreement under implementation despite the fact that the Iranian side provided the full ground for that, and even his willingness to work to implement the linkage as quickly as possible, using his capabilities to do so. In addition, the Iranian side, especially the economic sector, depends a lot on this project because of the economic facilities that both parties benefit from, especially the Iranian side, which sees Iraq as a promising and large commercial market that accommodates the largest part of Iranian production in its various types of industrial, agricultural, and production. The other market, compared to the markets of the seven surrounding countries that are linked with Iran with land borders, the Iraqi market absorbs about 12 million tons annually of Iranian goods, or the equivalent of eight billion dollars, and is transported by road via trucks and the risks that affect the safety of goods and the security of transportation means, While the proportion of risks and material costs

The relevant authorities in Tehran believe that the Iraqi administrations responsible for implementing the process of linking Shalamshah (Shalamjah) - Basra have not taken the necessary steps to expropriate the lands through which this line passes, whose length does not exceed 32 km inside Iraqi territory, while the Iranian side Have completed all the required steps, waiting for the Iraqi side.

And in return for Iranian direct economic goals with the Iraqi market, Tehran has provided economic temptations to the Iraqi side, ensuring that it has easy access to large markets in the Indian subcontinent and Pakistan, and even to China, using Iranian lines. However, the main goal that Tehran seeks and has not been stopped at in talking about the economic feasibility of the two parties lies in what this "iron" link provides to facilitate the process of linking Tehran to the Mediterranean coast, specifically the port of Latakia in economic terms, and with Damascus on the one hand Political.

And if the railways between Iran and Pakistan provide Tehran with the possibility of easier land communication with both India and China, then these lines give a strategic dimension in various aspects, as is the case in land communication that Tehran is also expanding and strengthening with Moscow, the railways Which links Iran to Turkey plays a prominent role also in the Iranian economy, as it provides them with the ability to communicate with European markets as well as the facilities it provides in economic cooperation with Turkey, especially in light of the sanctions it is exposed to from the American administration, which does not hesitate to put pressure on All countries, especially surrounding Iran, to limit this cooperation, which it considers a violation of the sanctions and blockade decisions.

Hence, the iron link between Tehran and Iraq is of great and advanced importance in the Iranian economic strategy, and goes beyond it to the security and military dimension. On the one hand, it reduces Iranian concerns about the possibility of the other surrounding countries exercising an economic and political blackmail of Tehran in exchange for the facilities it provides to them, and on the other hand, it provides Tehran with the ability to enhance the communication process between the countries it leads in the region, or what has become known as the Iranian Crescent that extends from Tehran, through Iraq and Syria, to Lebanon and the shores of the Mediterranean.

Accordingly, this line constitutes an important link in the strategy of land linkage between the capitals of this axis towards the waters of the Mediterranean, and provides a more secure and fast communication and supply line than the land line that passes in areas that are not stable in their loyalty and high levels of risk and threat and the human, financial and security cost of protecting it and crossing Therefore, compared to the railways, whose responsibility to protect them is distributed among the governments benefiting from it in their areas of influence and control, which makes it a military line in civilian and economic clothing.

Good checking

Independent Arabic

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Iraqi Electricity denies it has received a notice, except for Iranian gas


Iraqi Electricity denies it has received a notice, except for Iranian gas
 
 
Electricity distribution network - archive
 
 April 27, 2020 10:21 PM
 

Direct: The Iraqi Ministry of Electricity denied, today, Monday, that it received an official notice regarding its exclusion from the import of Iranian gas.

The ministry spokesman, Ahmed Moussa, told the Iraqi News Agency, "Awa", that "the exemptions file belongs to the Iraqi negotiator with the American side, and that the ministry has not been officially informed of any exemption."

He added that "the Ministry of Electricity provided its owners in batches and technical explanations to the Iraqi negotiating delegation, in order to obtain exceptions according to the data provided by the ministry, indicating that the American side is likely to extend the exception to the batches that were presented."  

Moussa stressed that "the deadline for the month given to Iraq, which allows the import of Iranian gas, is not over."

He explained, that Iraq is proceeding with the rehabilitation of gas fields, a project, electrical interconnection, and time limits for dispensing gas imports from neighboring countries. 

The media quoted a State Department official as saying that the United States renewed the exemption granted to Iraq to import Iranian electricity, but this time for a shorter period of time.

He added that Washington would re-evaluate whether to renew the exemption again.

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Baghdad and Washington .. hollow strategic dialogue led by the "ghost" government

 
- 8 Minutes Past
 
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A study issued by the Center for Strategic and International Studies in Washington does not look with optimism for the strategic dialogue between Washington and Baghdad, which US Secretary of State Mike Pompeo said is expected to take place next June. The study identified several challenges and obstacles preventing the success of this dialogue, most notably the absence of an Iraqi government with a decision that can take the helm of dialogue, in addition to the security and economic challenges that raise questions not only related to the expected strategic dialogue but also the US withdrawal plan from Iraq and the future of relations between the two countries, in light of The presence of a third party, which is Iran.

WASHINGTON - As the United States withdrew its soldiers from several Iraqi military bases in conjunction with an escalation between Washington and Iranian-backed militias, US Secretary of State Mike Pompeo announced the opening of a strategic dialogue between Washington and Baghdad in mid-June 2020.

This call, and Pompeo’s talk about the cooperation of the American and Iraqi governments to solve all strategic issues, raised questions about what this government with which Washington will conduct the dialogue and its identity, and how the US administration will engage in a divided government that does not have the decision itself, and how it can open a strategic dialogue with the “ghost” government .

This latest description (The Ghost Government) came in a study issued by the Center for Strategic and International Studies in Washington, prepared by Anthony Cordesman, president of the Arley Burke Chair in Strategic Affairs at the center.

This study provides answers to the questions asked about the future of the proposed strategic dialogue between Baghdad and Washington, pointing out that it is not yet clear whether Iraq will bring together all the key figures that can form an effective national government by mid-June, as there is no parliament that will fully fulfill its duty. Many years ago.

This study is the second major review issued by the Center to analyze the political, economic and security challenges facing Iraq and its impact on establishing a permanent strategic relationship with the United States.

The latest study came to delve deeper into the issues raised by the April 7, 2020 Mike Pompeo declaration on strategic dialogue with the Iraqi government.

Pompeo then indicated that the United States would have to reassess its strategy in Iraq in terms of the increasing pressure of pro-Iranian Iraqi militias on the presence of US forces in Iraq, and in terms of the impact of the new Corona virus on the country's economy in which no clear political unity emerges.

He stated that the United States will support any Iraqi regime that moves away from the old sectarian model that brought the country to the scourge of terrorism and corruption.

This new review reflects the ongoing transformations in Iraqi politics and in American policy in Iraq. Since last March, the United States began withdrawing its soldiers from several Iraqi military bases. And its presence is limited to three camps, namely Al-Taji, north of Baghdad, Ain al-Assad in Anbar, and a base in Erbil, Kurdistan Region.

Cordesman noted in the introduction to the study, that more reviews will be issued in the future due to the rapid pace of change in Iraq and the region as a whole, and the changing levels of deployment and strategy of US forces.

Given that think tanks are part of the decision-making team in the United States, this study cannot be considered merely as an analysis of developments in the US-Iraqi relationship, but rather is closer to a report directed to decision makers within consultations about the future of establishing a new strategic relationship with the United States and the implications of the American withdrawal decision from Iraq.

Three "ghosts"
Cordesman said, "Setting the goals of the US-Iraqi strategic dialogue and any joint effort aimed at establishing a stable strategic relationship is a critical step towards strengthening a bilateral relationship that will counter the threats of extremists and Iranians."

However, three or three "ghosts", according to Cordesman, stand as an obstacle to making any progress in conducting a successful strategic dialogue with Iraq, as the country's position on these most important issues remains uncertain and unstable.

And these three ghosts are: the political situation in general, and the government in particular, which is described by Cordesman as a "hollow structure." The second ghost is the economy. Security embodies the third ghost.

"Ghost" government
The first ghost lies in the current Iraqi policy and governance, as the Iraqi government does not follow a clear path that enables an effective leadership to be seen, remains inconsistent and corruption prevails at all levels.

The lack of good governance in Iraq is the main problem, and politics remains part of the country's problems. And Iraqi politics appears divided in a way that reflects serious and growing failures, in a country in urgent need, according to Cordesman, to effective political leaders at all levels.

Iraq is still since mid-May 2019 without a prime minister taking effective measures and able to manage the helm of affairs, especially in the current stage with the complexities of the outbreak of Virus Covid-19.

Iraq has been in the same square as the government formation crisis since Adel Abdul-Mahdi resigned in December 2019. In February, Muhammad Allawi was assigned to form the government, but he failed to gain the confidence of Parliament. Adnan Al-Zarfi to be assigned in March. But he did not win the support of many Shiite factions, including the PMF and some Sunni factions. Some Shiites felt very close to the United States. He was also appointed by Iraqi President Barham Salih, without any formal consultation with the Iraqi parliament and only 30 days were given to form the government.

Al-Zarfi was unable to form a new government and had to withdraw in April. This led to the appointment of intelligence chief Mustafa Al-Kazemi. Al-Kazemi's choice fueled the usual suspicion of his support for the United States against Iran, as Washington backed him shortly after his choice.

However, at the same time, experts disagree about his attitudes toward the United States and Iran, and some Iraqi Shiites who support Iran have indicated that he is very close to the United States, while some other Iraqis feel that he has links with Iran.

Al-Kazemi was given until May 9, 2020 to form a government. This means that he may become a real prime minister in time for the strategic dialogue in mid-June, but there are no signs of progress in the near future, as Al-Kazemi’s road is still full of obstacles.

The prime minister’s crisis remains part of a broader political problem. President Barham Salih is the only Iraqi official whom Cordesman sees as "really trying to unite the country, and he is a Kurd who serves his country at a time when the Kurds, such as the Shiite and Sunni Arabs, are divided."

As for parliament, it does meet sometimes but its members clash over how to divide the spoils of their office rather than looking for ways to meet the needs of Iraqis. It is a group of factions searching for their interests and cannot address urgent issues such as vital economic reforms and reconstruction in Sunni areas facing the effects of the fight against ISIS and the reintegration of Iraqi Kurds.

On a larger scale, Iraq suffers from one of the worst rated governments in the world, according to the World Bank. It ranks behind in political stability, violence, terrorism, the rule of law and corruption. Iraq also ranked 18th among the most corrupt countries in the world according to the latest Transparency International rankings in 2019.

Opinion polls in Iraq also show that the government lacks popular support and confidence at all levels. The Iraqis are divided by Shiites and Sunnis, and these factions are divided in turn to the point of sometimes amounting to violence, as they possess more power than they have popular support.

As for the momentum towards unity that appeared after the war against ISIS, it was lost with the failure in the absence of helping the Sunni areas that witnessed the most intense battles in the west of the country to recover, and through the failure to reach effective working relationships with the Kurds, and Baghdad's failure to share the country's wealth Oil with the Shiite regions in the south.

Economy on the edge of a cliff

The political situation affects the Iraqi economy, which has become on the verge of collapse due to the global decline in oil demand with the spread of Corona virus, which caused an oversupply, leaving a crisis escalated with the outbreak of the oil war between Russia and Saudi Arabia.

The study pointed out that the Iraqi economy was weak and unstable before the recent crisis began. Its agricultural and industrial sector was fragile. He was affected by the divided political elite, which took a large share of the spoils, instead of providing an income distribution plan to stabilize the country.

Since October 2019, the country has witnessed popular protests against unemployment, poor services and the general Iraqi inability to benefit from oil revenues. Unemployment remains a problem throughout the country, despite the inflation of the public sector.

Corruption and the absence of economic reforms, such as bank restructuring and private sector development, deepen private sector growth. In October 2019, the CIA estimated that the Iraqi economy faces a number of obstacles, including a weak political system and concerns about security and societal stability. Rampant corruption, outdated infrastructure, insufficient basic services, a shortage of skilled workers, and old business laws hinder investment and continue to limit the growth of non-oil private sectors.

Iraq must devise its own solutions in every case. The United States cannot help a party that cannot unite or act in a way that shows its inability to help itself.

The World Bank classifies Iraq as one of the worst countries in the world in terms of doing business (ranked 18th from the bottom of 2020) in creating new job opportunities and allowing the current private sector and government industries to work efficiently and competitively.

Security is the focus of
security Security embodies the third ghost, and is considered the center of American strategic attention. The priorities of this concern are to contain or eliminate the rest of ISIS and limit Iran's role in Iraq, in terms of direct Iranian intervention and Iran's support for the major Shiite political movements, PMF and militia that owe allegiance to Iran.

There is no doubt that the American withdrawal or any amendment to the American presence plan in Iraq will have an impact on the security situation, and it will impose the transition to a new security phase in Iraq during which, according to the American study, it is necessary to establish a unified Iraqi security forces and central services and deal with the continuing threat coming from ISIS. And other extremists. These forces should be able to defend Iraq as a potential regional threat such as Iran.

The study notes that it is essential that the United States be prepared to provide serious assistance to Iraq - including maintaining US training and assisting military advisers, the State Department, and other relief personnel on the ground - for at least several years.

There is no doubt that Iraq cannot find quick solutions to all these problems, but it needs some form of agreement on a plan to deal with it over time and a strategy to create military forces large and strong enough to secure its borders with Syria, Turkey and Iran.

Based on the above, Cordesman concludes that any meaningful strategic dialogue between Iraq and the United States must address all issues: from politics and governance to economics and security. The parties should not continue to focus on security and on ISIS at the expense of other pressing issues.

Iraq should also devise its own solutions in every case. The United States cannot help a party that cannot unite or act in a way that shows its inability to help itself.

Meanwhile, the United States must decide whether to commit to a sustained effort to help Iraq emerge as a united and strong enough country to prevent more internal conflicts and establish ways to act independently of Iranian pressure and threats.

The study concludes that the United States cannot succeed in withdrawing from Iraq under the pretext of achieving a victory against ISIS and ignoring the gains made by the pro-Iranian PMF. Cordesman concludes, "Troop withdrawal may be an option, but it is not the right choice for Iraq."

The Arabs

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8 hours ago, DinarThug said:

The relevant authorities in Tehran believe that the Iraqi administrations responsible for implementing the process of linking Shalamshah (Shalamjah) - Basra have not taken the necessary steps to expropriate the lands through which this line passes, whose length does not exceed 32 km inside Iraqi territory, while the Iranian side Have completed all the required steps, waiting for the Iraqi side.

And in return for Iranian direct economic goals with the Iraqi market, Tehran has provided economic temptations to the Iraqi side, ensuring that it has easy access to large markets in the Indian subcontinent and Pakistan, and even to China, using Iranian lines. However, the main goal that Tehran seeks and has not been stopped at in talking about the economic feasibility of the two parties lies in what this "iron" link provides to facilitate the process of linking Tehran to the Mediterranean coast, specifically the port of Latakia in economic terms, and with Damascus on the one hand Political.

And if the railways between Iran and Pakistan provide Tehran with the possibility of easier land communication with both India and China, then these lines give a strategic dimension in various aspects, as is the case in land communication that Tehran is also expanding and strengthening with Moscow, the railways Which links Iran to Turkey plays a prominent role also in the Iranian economy, as it provides them with the ability to communicate with European markets as well as the facilities it provides in economic cooperation with Turkey, especially in light of the sanctions it is exposed to from the American administration, which does not hesitate to put pressure on All countries, especially surrounding Iran, to limit this cooperation, which it considers a violation of the sanctions and blockade decisions.

 

In my opinion, this article highlights the importance of the Iraq and Iran region to INTERNATIONAL commerce between Europe AND China with all intermediaries to be connected and benefit accordingly. Russia will even be connected. I suspect ALL Africa will be connected through Israel as well. This network will greatly increase commerce of Europe, Asia, AND Africa rocketing the Standard Of Living of connected and integrated peoples of associated countries.

 

Of course, political stability, cessation of conflicts, and elimination of terrorism is key to full implementation and operation of THIS highly lucrative economic system.

 

My opinion is the Insanians, to INCLUDE the Insanian IRGC, AND Insanian Mu lah lahs WILL TAKE THE HIT AND AN Iranian Regime Change WILL occur. I suspect the vast majority of Iranians, who are under 30 years of age, will WILLINGLY expel the Insanian Hard Headers, er, Hard Liners AND Insanian Mu lah lahs.

 

Just 32 km (nominally 20 miles) of Bicraqi Iraqi Rail Road Tracks need to be laid. HOW, pray tell, "hard" CAN THAT "be"???!!!

 

Git 'er dun Bicraqi Iraqi Boyz AND Girliez!!!

 

The whole article is worth the read. BEFORE I got into THIS Speculative Bicraqi Iraqi Dinar Investment, I STRONGLY believed Ye Olde, er, NEW Silk Road Trade would HAVE to be reestablished to give the Bicraqi Iraqi Dinar INTERNATIONAL substantive necessity for ReInstatement to jump start the associated economies and foster Whirled Wide INTERNATIONAL Trade. Along with THAT, I STRONGLY suspected trade imbalances would have to be nominally zeroed out to prevent Countries from being backrupted and causing subsequent conflicts and ruining the trade. The fairly recent Opium Wars where Europe was bankrupted by the trade imbalance with China and so unleashed an illicit drug to "even" "things" "out". THEE BAD, BAD Chinese CCP has yet to realize how stupid they are by unleashing the COVID-19 AND THEE Whirled Wide Economic Havoc. Sure, instead of Opium, use a man modified naturally occurring virus to "punish" "others" TO "even" "things" "out". THEE Phase One The United States Of America AND China Trade Deal IS A HUGE IMPROVEMENT TO nominally zeroing out trade imbalances to prevent bankrupting of one or more Countries.

 

STUPID BAD, BAD Chinese CCP!!!

 

:facepalm3:   :facepalm3:   :facepalm3:

 

  :shakehead:     :shakehead:     :shakehead:

 

Go Moola Nova!

:pirateship:

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Ok Kiddo ...

 

:D  :D  :D 

 

 

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Al-Kiddo: The government has its tools to get out of
the financial crisis


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08:41 - 04/28/2020

 

Member of the Parliamentary Finance Committee, Haneen Al-Qaddo, affirmed on Tuesday that the government has its tools to get out of the current financial crisis, pointing out that tackling the situation needs to put government bonds to the people, exploiting the revenue of border ports, borrowing, and handing over the region its sums of money to Baghdad.

Al-Kiddu said in a statement to "Information", that "the remedies of the financial crisis that the country is going through depend on the government's actions and procedures, as it is the body responsible for paying the salaries of employees and retirees."

He added, "The solutions are contingent on addressing the 2020 budget and the changes that will be introduced in line with the current situation."

and stated that "the government can deal with the financial crisis by moving towards government bonds and selling them to the people, as well as borrowing from the central bank and other banks, as well as asking the region to hand over the sums it has entrusted, in addition to exploiting the revenues of the border outlets to address the current crisis." 
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Lol - Look At Of All The Corrupt Multiple Salaries That These Sleazy Con Artists Are Carrying With Over 100 Annual Holidays A Piece ! :o 


:D  :D  :D 

 

 

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Parliamentary finance identifies the most prominent solutions
to address the fiscal deficit


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28th April, 2020

 

The Parliamentary Finance Committee called on the government on Monday to address the issue of dual salaries, while pointing to the necessity of obligating multiple salaries holders with one salary to transfer the other salaries in favor of others in order to contain the financial crisis in the country

"The most prominent solution to the financial crisis and the salaries of the employees is to end the multi-salary file, which is a big burden on the state budget," member of the committee Hanin Mahmoud Al-Qudo told Shafaq News, calling for "obliging the owners of multiple salaries with one salary and canceling the other salaries and transferring them to basic doors for the benefit of the other employees' slides

Al-Kiddo said that this measure will be useful "to confront the financial deficit and secure the salaries of state employees," noting that "the adoption of compulsory savings cannot be resorted to except at the request of the Council of Ministers and referred to the House of Representatives for the purpose of approval and voting

 

According to leaks from cabinet records, it indicated that 152 people received 6 salaries, 463 received 5 salaries, 972 received 4 salaries, and 64018 received 3 salaries and more than a quarter of a million received two salaries

 

According to the leaks, those with multiple salaries cost the state budget 18 billion and 900 million dollars annually

Fears have emerged since the fall in oil prices that the government is unable to pay the salaries of employees and retirees, especially as revenues from the sale of crude constitute 95 percent of the country's expenditures

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Much Appreciated Thugs, wow 100+ holidays a year, with vacation pay also. And having up to 6 salaries. No wonder there fighting so hard to stop change from happening. Now i see what they meant by this is going to be a longterm investment. 

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Member of Parliamentary Finance warns of a move that could spark popular anger and proposes a solution adopted in 2016


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Politics 04/28/28 22:51 1450 Editor: gf    


Baghdad today - Baghdad 

 

 Member of Parliamentary Finance Committee, Ahmed Hama Rashid, warned on Tuesday 28-4-2020 of a financial move that could spark popular anger in the country, while he suggested resorting to a solution adopted in 2016.

Rashid said in an interview with (Baghdad Today), that "Iraq is going through a stifling financial crisis and this is not disputed by two," stressing that "talking about imposing taxes on citizens does not fulfill the purpose, because of the cessation of commercial activity and any path in this direction will reflect negatively on the life of The people are blowing up popular anger and it is a futile solution. " 

Rashid added, "There are other solutions, including printing the currency, or changing the exchange of the dollar in the markets, both of which will lead to significant inflation in addition to borrowing from abroad is difficult, considering that Iraq is not among the scheduling of international financial institutions, as it is not a poor country."

Rashid said, "One of the important solutions is to issue bonds by the central bank and sell them to private banks," considering it "a good solution to the current crisis, which is a measure that the government has resorted to in 2016."

And Iraq is experiencing an economic crisis, after the Corona virus invaded the country and the sharp drop in oil prices.

A member of the Parliamentary Finance Committee, Jamal Kujer, said on Wednesday (April 22, 2020) that there are 3 factors behind the impact of Iraq on the decline in world oil prices, while he suggested restructuring the 2020 budget.

Cougar said in an interview singled out (Baghdad today), that "the wrong economic policies that were worked on after 2003 are among the most prominent factors that confused the economic situation in the country and put us in many crises." 

He added that "wasting public money on substandard or fake projects, in addition to career slack, and relying on oil revenues by 90% in the federal budget, are all factors that led to Iraq falling into a stifling economic crisis due to low oil prices."  

A member of the Finance Committee suggested, "Restructuring the draft budget law 2020, looking at economic policies, and working hard to fight corruption to overcome the financial crisis with minimal damage."

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Economist: The government will cut the salaries of employees and do not want to prejudice the salaries of these groups

 

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Economy 04/28/28 15:20 2414 Editor: ha   


Baghdad today - special

 

The economist, Hammam Al-Shamaa, affirmed on Tuesday (28 April 2020) that the Iraqi government will reduce the salaries of employees in the event that there is not sufficient financial liquidity, whether with or without legal justification, and does not want to prejudice the salaries of some groups.

Al-Shamaa said in an interview with (Baghdad Today), that "the Iraqi government will take a procedure to reduce the salaries of employees, when there is not sufficient financial liquidity, whether there is a legal justification or a legal loophole that allows this first not, and without modifying the laws in force."

He added, "There are several procedures and ways to avoid reducing salaries, but the government does not want to resort to measures that do not reduce employee salaries," noting that "the political will does not want to reach this procedure." 

The economist pointed out that "the government does not want to deprive its supporters who have obtained great privileges, such as political prisoners, political martyrs and the Rafha group," noting that "the government also does not want to reduce the privileges that politicians obtain from their positions," as he put it.

Al-Shamaa pointed out that "the government considers reducing salaries as the easiest way to impose injustice on the employed people," noting that "it does not realize that the number of employees and retirees is 5 million, and if we count the family as 5 individuals, this means that 25 million of the Iraqi people are living on salaries."

And hit the international oil prices, a great storm that led to a historical decline, due to the oversupply in the world, with high production rates, and in light of the spread of Corona, which negatively affects the provision of funds in Iraq, which depends on financing its imports to sell oil.

And spread the news that the government will decide to reduce the salaries of employees and deduct a percentage of them, due to the collapse in oil prices, while Deputy Prime Minister and Minister of Oil Thamer Al-Ghadban confirmed that there is no decision to reduce the salaries or allocations of employees.

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19 hours ago, DinarThug said:

Look At All The Corrupt Multiple Salaries That These Sleazy Con Artists Are Carrying, With Over 100 Annual Holidays ! :o 

 

And don't forget about all the "pop-up" holidays for camel birthdays, or the "surprise" GOI recesses due to "unexpected heat".

You should run for PM there, Thug. You'd be a hit......since it's a 3-ring circus every day!! 

                                                                                                                                               :jester:

 

Stay safe and healthy !!

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horsesoldier - you are a bit vague. 

 

Which govt are you referring to.......theirs or ours

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53 minutes ago, savoy8060 said:

horsesoldier - you are a bit vague. 

 

Which govt are you referring to.......theirs or ours

Both are "Knowingly" corrupt, likely political connections preventing the revalue.  The secret war, who will control this currency globalists or independent national patriots.  JMO. 

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An economist raises an important point about the salary of employees and retirees 63 trillion: How has an additional 15 trillion increased?


2020-04-28
 
 
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Yassin Iraq: Baghdad

 

Economist Nabil Al-Marsoumi expressed his surprise at the Prime Minister’s financial advisor’s statement about the salaries of employees and retirees amounting to 63 trillion dinars in the 2020 budget.

The decree said in a clarification received for “Yassin Iraq” that “the financial advisor to the Prime Minister stated that the total salaries of employees, retirees and salaries of social protection amount to in the budget of 2020 about 63 trillion dinars, and it is known that retirees receive their salaries from their pension fund, in which the state contributes to paying 15% of the employees ’salaries and the strange thing is that the employees’ compensation and social protection salaries plus the percentage that the state pays from the employees ’salaries to the retirement fund did not exceed 48,091 trillion dinars in the 2019 budget,” he asked, “How did it reach 63 trillion dinars in the 2020 budget! And who owns the appointment powers without the financial allocations available in the budget?

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said earlier in the day that “one of the current scenarios is to give salaries only with some necessary expenses such as medicine and we need 54 trillion dinars during the next eight months.”

Saleh said in a statement that "the deficit in the scenario closest to its implementation amounts to 34 trillion dinars. There is no decision to reduce salaries or compulsory savings."

He continued that there are 4 million employees in Iraq, 4 million retirees and 1.3 million who have social welfare, and they earn 63 trillion dinars annually and that 8 million workers in the private sector will be affected negatively after the decline in state revenues.

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How does Iraq have any retirees.  No one works in that country.  😂 

 

The faster we get Iraq decoupled from Iran the better the entire ME will be imo.  

 

 

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An economist devises a set of solutions to the financial crisis


Wednesday 29th April 2020 - 12:16


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Baghdad - conscious - Muhammad Talibi

 


Economist Alaa Al-Fahd presented a set of solutions to get out of the financial crisis.

Al-Fahd said to the Iraqi News Agency (conscious), "The large financial deficit as a result of the Corona epidemic, which is causing the decline in oil prices, needs to activate alternative revenues, especially as they constitute 7% of the volume of revenue."

He stressed the necessity of relying on the leading sectors, among them the agricultural sector, to achieve food security, and after its development it would be a source for the industrial sector by using it as a raw material in industries, in addition to operating the labor force and thus achieving high revenues at this stage.

He added, "The border ports and activating the customs revenues can be an alternative solution to the crisis," noting that "the revenues of the ports were wasted as a result of administrative corruption and poor measures taken."

He continued, "Engaging the private sector with other sectors can reduce spending and waste in the public budget, in addition to reconsidering the numbers of employees working in the government sector and their salaries and allocations."

Al-Fahd ruled out "the possibility of resorting to printing currency", stating that "it is up to monetary policy, which cannot be directed by issuing a cash in excess of the need, as the existing monetary mass is estimated at about 60 trillion dinars, offset by a cash balance of the dollar that is a reserve in the central bank to maintain On the value of the Iraqi dinar. "

He stated that "any monetary issuance without a financial cover will cause a financial problem that will reduce the monetary value of the dinar and lead to higher prices for goods and materials in the local markets."

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The stressed the necessity of forming a rescue committee of specialists ... The Finance Committee offers proposals on the economic crisis in the country



April 29, 2020 9:51 PM 
 
 

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Baghdad / Al-Zawraa:



Member of Parliamentary Finance Committee, Magda Al-Tamimi, submitted proposals regarding the economic crisis.

And its media office said in a statement, "Al-Zawraa" received a copy, that "Member of the Finance Committee, Magda al-Tamimi, attended the meeting of the Finance Committee delegation with President of the Republic Barham Salih, in the Peace Palace in Baghdad, in the presence of the Chairman of the Finance Committee and a number of committee members."

The statement added that «Al-Tamimi provided several solutions to get out of the financial crisis, as Iraq and the world are going through a difficult stage in light of the low oil prices and the spread of the Corona virus, which requires the concerted efforts of all.

Noting that it «made a presentation before the President of the Republic of the problems that the country is going through with proposals that would provide the Treasury with liquidity quickly to overcome this crisis».

Al-Tamimi stressed the necessity of “forming a rescue committee of specialists working with different visions and applying new ideas and taking bold decisions to be supported by the government. The work will be in accordance with two tracks that include the first track, urgent solutions to distribute wealth fairly to all segments of society and reduce total expenses and provide cover for the salaries of employees, retirees and care Social, as well as financing health services and security institutions. ”

 And Al-Tamimi indicated that "the second track includes corrective proposals for the fiscal and monetary policies within the medium and long-term ranges." 

Al-Tamimi affirmed her belief: “Absolute success results from crises, and everyone should turn this crisis into an opportunity to review all laws that were legislated after 2003 that placed heavy burdens on the budget.” For her part, Al-Tamimi stressed “the necessity of adopting the two tracks simultaneously, that is, working in parallel to direct resources in a way that achieves comprehensive economic and social development.”

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Oh good. Another committee. But that retiree increase is most probably for Maliki. It sounds like he DID go to work one day this year. Crack heads !!

                                       😲😲

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