Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Including stopping the currency auction and changing the dinar rate .. 5 deputies present proposals to bridge the budget deficit


Mary B
 Share

Recommended Posts

Including stopping the currency auction and changing the dinar rate .. 5 deputies present proposals to bridge the budget deficit

 03/06/2020
 
  
%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-2-696x437

The information / Baghdad ..

On Wednesday, a group of deputies presented a set of proposals to the government aimed at filling the deficit in the budget of 2020 and facing the financial crisis caused by the collapse of global oil prices, the most important of which was stopping the currency auction and changing the dinar exchange rate.

The deputies said, in a joint statement, which was received / information / they are: Muzahim Al-Tamimi, Adnan Al-Zarfi, Qasim Al-Araji, Mohammed Al-Daraji, Mohammed Shiaa Al-Sudani, “Any government or parliamentary action towards reducing spending and austerity must be accompanied by a real approach by the government to combat Administrative and financial corruption and stopping the processes of wasting public money that have occurred previously or will happen through activating the role of the oversight bodies and following up issues raised by members of the House of Representatives and the media, specifically strengthened with priorities, documents and documents, and that there are periodic clarifications on what these measures are from the government and judicial authorities, and we are appealing to the judicial authority To be present in this field in a way that enhances the citizen’s confidence in the state and its authorities in fighting corruption. ”

They suggested "stopping work in the outlets of selling the currency with preparing instructions whereby all importers are required to submit lists that include imported goods for the purpose of customs accounting in the General Authority for Customs and Taxes before transferring money and notify the Central Bank of accounting according to official correspondence accompanied by customs bills and taxes, and change the dinar exchange gradually in a way that does not affect the The citizen and to guarantee the provision of cash that the state needs. ”

They called for a "review of the import approach and specifying possible goods and products to issue a decision banning their import to allow government companies in the Ministry of Industry, the private sector and the mixed sector to qualify their factories and produce these goods to create jobs and maintain hard currency instead of taking them out of the country."

They stressed the need to "take adequate and rapid measures to control the border outlets and not to allow any unofficial port and to assign officials at a high level of integrity and courage able to control these borders and implement the laws related to customs tariffs and the protection of the national product and prevent importation and the application of the agricultural calendar, and obligating mobile phone companies to pay Fines, entitlements and taxes immediately with a legal technical review of the contracts of these companies in a way that guarantees the national interest with the activation of the fourth license and submitting it to the public through the competent ministry.

They demanded to "activate the tax system and reconsider the tax laws in a manner that allows the development of this sector and what it represents of important revenue for the state, and to reactivate the initiative of the Central Bank to allocate funds for loans to the industrial, agricultural and real estate bank to encourage the private sector to borrow and implement projects that create true development that Loans and restrictions related to granting loans are eased, as well as allocating the necessary funds for lending to small and medium-sized youth projects in order to generate job opportunities and create small projects that could be a source of livelihood for young people at the present time. Its impact on the citizen's living conditions and needs. ”

They considered that "these and other proposals that would provide funds to bridge the deficit on the one hand, and we see that these amounts are directed towards supporting the social protection network, the ration card, medicines, and water sterilization, while supporting the educational and educational process and securing all its needs." 25 h finished

 

https://www.almaalomah.com/2020/06/03/477709/

  • Like 1
  • Upvote 4
Link to comment
Share on other sites

Deputy: The deduction will include salaries of two million or more

04/06/2020
 
  
%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9

 

The information / Baghdad ..

Member of the Parliamentary Economy and Investment Committee Falah Al-Khafaji assured, on Wednesday, that he will not deduct any amount from the employees ’salaries and accompany the limited income, indicating that the deduction will include those with salaries of two million or more.

Al-Khafaji said in televised statements that I followed (Al-Maalouma), "The deduction in salaries will be on those with salaries of two million or more."

He added, "He will not deduct any amount from the employees salaries and accompany the limited income."

On the other hand, Al-Khafaji explained that “the ministries of higher education and communications counted on Al-Nasr coalition and gave Prime Minister Mustafa Al-Kazemi the freedom of their candidates.” Ended / 25

 

https://www.almaalomah.com/2020/06/04/477764/

  • Thanks 1
  • Upvote 1
Link to comment
Share on other sites

Al-Rafidian announces the payment of salaries of employees of some education directorates

 04/06/2020
 
  
%D9%85%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8

 

The information / Baghdad ..

Al-Rafidain Bank announced, on Thursday, the payment of salaries of employees of some education directorates in Baghdad and a number of governorates.

The bank’s media office said in a statement, which received “information”, a copy of it, “The bank paid the salaries of employees of some education directorates after feeding and the arrival of their financing.”

He added that "the exchange was done through electronic payment tools (the Master Card) and employees can receive their salaries from the bank's branch network or private outlet offices and wherever they are." Ended / 25

 

https://www.almaalomah.com/2020/06/04/477769/

  • Upvote 2
Link to comment
Share on other sites

Monetary Fund: Countries that may need debt restructuring, not just debt freezing

04/06/2020

 
image
 
 

 

 

Follow-up - Mawazine News 

Some of the world's poorest countries and emerging market countries may need to restructure their debt in the future, the Executive Director of the International Monetary Fund said on Wednesday, adding that only freezing debt payments may not be enough.
Kristalina Georgieva added that some emerging economies that have adopted prudent and sustainable debt policies are passing through the Corona virus crisis better than others, but a small number of countries with high debt burdens are likely to need assistance in the future.
Georgieva said the International Monetary Fund (IMF) has disbursed about $ 260 billion of its one trillion dollar capacity at this stage, and has so far provided emergency funding to 63 of 189 countries that have requested assistance since early March.
is over 

 

https://www.mawazin.net/Details.aspx?jimare=103410

  • Upvote 1
Link to comment
Share on other sites

Turkey opens border crossings with Iraq and Iran to boost trade

03/06/2020

 
image
 
 

 

Baghdad - Mawazine News
, Turkish Trade Minister Rohsar Bakjan announced on Wednesday that her country will open two border crossings with Iraq and Iran to boost trade.
"Her country will open the Gurbulak border crossing with Iran and the Khabur border crossing with Iraq this week, with the aim of boosting trade while easing measures to contain the Corona virus," Turkish Trade Minister Rohsar Pakjan said.
She added, "A customs union agreement with the European Union must also be updated soon with a view to improving trade between the two sides." Ended 29 / A 43

 

https://www.mawazin.net/Details.aspx?jimare=103317

  • Upvote 2
Link to comment
Share on other sites

Iranian Energy Minister announces the signing of an agreement to export electricity to Iraq for a period of two years

04/06/2020

 
image
 
 

 

Baghdad - Mawazine News
, the Iranian Energy Minister, Reza Ardakanian, expressed his satisfaction with the results of his visit to Iraq, announcing the signing of an agreement to export Iranian electricity to Iraq for a period of two years.
Erdakanian said, in a press statement, that "all agreements on electricity exports to Iraq were for a period of one year previously, but during this visit an agreement was signed for a period of two years, 2020 and 2021."
He added, "In light of the follow-up of the Iranian Islamic Republic's representation in Iraq, during the visit, half of the Iranian dues for exporting electricity to Iraq were paid, which is about 400 million dollars."
He stated that during the visit, he met with Iraqi President Barham Salih, Prime Minister Mustafa Al-Kazemi, Finance Minister Ali Abdul Amir Allawi, in addition to his Iraqi counterpart Majid Mahdi Hantush and other Iraqi officials, describing his talks with Iraqi officials as having produced good results.
He explained that "during the meetings with Iraqi officials, discussions were held on previous agreements, including the program to rehabilitate the Iraqi electricity industry by the Iranian private sector and Iran's dues regarding its exports of electricity to Iraq, adding that it was decided that technical and specialized teams from the Iranian private sector would visit Iraq next week. To sign two important agreements in the field of reducing energy waste in the Iraqi electricity distribution network, as well as the repair and rehabilitation of Iraqi electricity equipment and devices. "
He expressed his satisfaction with the results of the visit and indicated that he also spoke on behalf of other ministries about finding more facilities for commercial exchange in other fields between the two countries. Ended 29 / A 43

 

https://www.mawazin.net/Details.aspx?jimare=103426

  • Upvote 1
Link to comment
Share on other sites

Paying salaries of employees of some education directorates

835672-2209c1ce-646c-4111-adb9-bec428c9d
Baghdad / Nina / The Rafidain Bank announced the payment of salaries of employees of some education directorates in Baghdad and a number of governorates.


The bank said that it "paid the salaries of the employees of some education directorates after feeding and the arrival of their financing." A place where they are. ”/ End 5
 
  • Upvote 1
Link to comment
Share on other sites

%D8%B1%D9%88%D8%A7%D8%AA%D8%A8.jpg?resiz

a tentative agreement between the ministry of labor and rafidain to distribute benefits monthly

0fe88cee841cea55186337a23f0568da?s=26&r=Author: AhadNA3 On 4/6/2020

Al-Ahed News- Baghdad
, the Minister of Labor, Adel al-Rikabi, announced today, Thursday, that his ministry is in the process of concluding an appendix of a contract with the Rafidain Bank after agreeing in principle to distribute the salaries of the protection network monthly.
Al-Rikabi said in a statement that Al-Ahed News received a copy of it, that “it was agreed almost definitively after a meeting with the Rafidain Bank and the Ministry’s social protection network, that payment be made to the categories covered by subsidies monthly”, expressing his hope that “an annex to the contract be concluded In this regard, in order for the salary to be beneficiaries of the social protection network every month instead of every two months currently followed.
He pointed out that "the opening of the new door to inclusiveness is still under discussion with the General Secretariat of the Council of Ministers," noting that "a plan has been prepared aimed at achieving social development through volunteer work in a way that contributes to supporting the work of state institutions and the initiatives adopted by civil society organizations, as well as what Activists implement it in this regard.
Al-Rikabi said, “The aim of this comes to develop the ministry's capabilities, especially in times of crisis, through the support provided by civil society organizations and others in order to find quick solutions on the topic of job balance in a number of bodies and departments of the ministry, in addition to discussing future plans and strategies for Achieving social development in the country within the plans and programs prepared in this regard. Finished 2

 
 
  • Upvote 1
Link to comment
Share on other sites

158209019365718400-8.jpg?resize=750%2C43 Iraq's parliament votes on the Popular Mobilization Authority law

a deputy surprised at limiting discussion of the external borrowing project to two

bc00b06bea24e6f4c5d660750a6e33bd?s=26&r=Author: Ahad8 On 3/6/2020 

Deputy Wednesday, Kazem Al-Sayyadi, surprised at the limited discussion of the foreign

legal articles only!borrowing project with only two legal articles, stressing that the external borrowing move will greatly affect the general situation of the government.

 

Al-Sayyadi said in an interview with "Al-Ahed" channel, "Today's session of parliament was not up to date due to the current circumstances in the country."

He added, "It is not expected that the discussion of the external borrowing project be limited to only two legal articles," noting that "there are agreements to prevent deputies from entering some committees for fear of raising the files."

 

https://alahadnews.net/70247/العراق/السياسية/

  • Upvote 1
Link to comment
Share on other sites

%D8%B1%D9%88%D8%A7%D8%AA%D8%A8.jpg?resiz

parliamentary finance for “al-ahed news”: violating the salaries of state employees is a red line and it cannot be passed in parliament

0fe88cee841cea55186337a23f0568da?s=26&r=Author: AhadNA3 On 4/6/2020 

Al-Ahed News - Baghdad The
decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, ruled out any prejudice to the salaries of state employees.
Al-Saffar said in a statement singled out by "Al-Ahed News" today, Thursday, that many members of the Parliamentary Finance Committee categorically refused to prejudice the salaries of employees.
He added, that Iraq has financial resources that can be used to get out of the financial crisis, and pointed out that there is a parliamentary refusal to take any decision that would deduct part of the employees ’salaries during the current period.
Stressing that the deduction includes those with special grades and not employees. Finished 2

 

https://alahadnews.net/70332/خاص-بوكالة-العهد-نيوز/

  • Upvote 1
Link to comment
Share on other sites

A tentative agreement between work and subscribers to distribute benefits monthly

 04/06/2020
 
  
%D8%B9%D9%85%D9%84-696x355.jpg

 

 

The information / Baghdad ..

On Thursday, Minister of Labor Adel al-Rikabi announced that his ministry is in the process of concluding an appendix of a contract with the Rafidain Bank after agreeing in principle to distribute the salaries of the protection network monthly.

Al-Rikabi said in a statement reported by the official newspaper Al-Sabah, which was viewed by him / the information. An annex to the contract is concluded in this regard, in order for the salary to be beneficiaries of the social protection network every month instead of every two months currently followed.

He pointed out that "the opening of the new door to inclusiveness is still under discussion with the General Secretariat of the Council of Ministers," noting that "a plan has been prepared aimed at achieving social development through volunteer work in a way that contributes to supporting the work of state institutions and the initiatives adopted by civil society organizations, as well as what Activists implement it in this regard.

Al-Rikabi explained that “the aim of this comes in order to develop the capabilities of the ministry, especially in times of crisis, through the support provided by civil society organizations and others in order to find quick solutions on the topic of job balance in a number of bodies and departments of the ministry, as well as to discuss future plans and strategies in order to achieve Social development in the country within the plans and programs prepared in this regard. Ended / 25

 

https://www.almaalomah.com/2020/06/04/477770/

  • Upvote 1
Link to comment
Share on other sites

Iranian Energy Minister announces signing an 'unprecedented' agreement with Iraq: another visit within days

2020.06.04
Iranian Energy Minister announces signing an 'unprecedented' agreement with Iraq: another visit within days

 

People - Baghdad  

Iranian Energy Minister Reza Ardakyanian announced, on Wednesday, the signing of an agreement to export Iranian electricity to Iraq for a period of two years .  

"All the electricity export agreements to Iraq were for a period of one year previously, but during this visit an agreement was signed in this regard for a period of two years, 2020 and 2021," Erdakanian said, in a statement followed by "NAS" (June 4, 2020).  

He added, "In light of the follow-up of the Iranian Islamic Republic's representation in Iraq, during the visit, half of the Iranian dues to export electricity to Iraq were paid, that is, about 400 million dollars."  

He continued, that the visit witnessed "the meeting of Iraqi President Barham Salih, Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Abdel Amir Allawi, in addition to his Iraqi counterpart Majid Mahdi Hantush and other Iraqi officials," stressing that "his talks with Iraqi officials resulted in good results."  

He explained, "The meetings with Iraqi officials witnessed research on previous agreements, including the program to rehabilitate the Iraqi electricity industry by the Iranian private sector and Iran's dues towards its exports of electricity to Iraq."  

He pointed out that the meetings resulted in "technical and specialized teams from the Iranian private sector to visit Iraq next week to sign two important agreements in the field of reducing energy waste in the Iraqi electricity distribution network, as well as the repair and rehabilitation of Iraqi electricity equipment and devices."  

The Iranian minister expressed his "satisfaction with the results of the visit," explaining that he "also spoke on behalf of other ministries about finding more facilities for trade exchange in other areas between the two countries."  

 

https://www.nasnews.com/view.php?cat=32261

  • Like 1
Link to comment
Share on other sites

Oil stumbles .. Doubts about the upcoming OPEC agreement

2020.06.04
Oil stumbles .. Doubts about the upcoming OPEC agreement

 

Baghdad - people  

Oil prices closed higher, but remained below their session highs when it jumped in early trading above $ 40 a barrel, the highest level since March, with a decline amid doubts about the timing and scope of a possible extension of an agreement between OPEC and its allies to cut crude supplies.  

According to "Reuters", "Prices received support from an unexpected drop in US crude stocks last week, but they came under pressure from a sharp jump in stocks of refined products in the United States amid a cooling demand."  

"With demand for petroleum products remaining low, gasoline stocks have shown a significant increase, while distillate inventories have shown a huge increase ... although crude refining consumption is more than 3.6 million bpd lower than its levels," said Matt Smith, director of commodities research at Clipper Data. a year ago".  

"OPEC +" sources told the US agency, "Saudi Arabia and Russia have agreed in principle to extend the current record oil production cuts for a month, but it is unlikely that the group will hold a meeting to decide its policy, Thursday, instead of a later date this month."  

"OPEC +" agreed last month to cut production by 9.7 million barrels per day, a record level equivalent to about ten percent of global production in May and June, to raise prices, which have fallen due to the collapse of demand as a result of isolation measures aimed at stemming the outbreak of the Corona virus.  

Brent contracts for August delivery ended the session up 22 cents, or 0.6 percent, to settle at $ 39.79 a barrel.  

At its highest level in the session, the global benchmark crude jumped to $ 40.53 a barrel, the highest level since the sixth of March.  

US West Texas Intermediate crude futures rose 48 cents, or 1.3 percent, to settle at $ 37.29 a barrel.  

The benchmarks both have jumped in the past few weeks, and Brent has more than doubled, after tumbling to the lowest level.   

 

https://www.nasnews.com/view.php?cat=32267

  • Upvote 1
Link to comment
Share on other sites

 

kuwait wants to reduce the proportion of foreign workers by more than half

112614374_gettyimages-944725492-5.jpg?resize=750%2C430&ssl=1
f41e43e4dadaad6bbd18f747c6aa496a?s=26&r=Author: Ahad6 On 4/6/2020

Kuwaiti Prime Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah announced on Wednesday that the country suffers from a demographic imbalance represented by a very high rate of foreign employment in it, which currently stands at 70% of the total population, indicating that the government intends in the future to reduce this percentage "in stages" to reach 30%.

The Prime Minister said, according to what was quoted by the official news agency "KUNA" that "the population of about 4,8 million people, representing the number of Kuwaitis, including about 1.45 million, and non-Kuwaitis, about 3.35 million, or 30 percent of Kuwaitis and 70 Percent is not Kuwaitis. ”

He added during a meeting with the chief editors of local newspapers that "the ideal situation for the demographic makeup is that the proportion of Kuwaitis is 70 percent and the proportion of non-Kuwaitis 30 percent, so we have a great challenge ahead and addressing the imbalance of the demographics." He explained that "the file of the demographics needs time during which the file was divided into stages until reaching the amendment of the defect in the demographics in the future."

 

https://alahadnews.net/70301/عربي-ودولي/

  • Upvote 1
Link to comment
Share on other sites

Monetary Fund: Countries that may need debt restructuring, not just debt freezing

 
10 hours ago

Monetary Fund: Countries that may need debt restructuring, not just debt freezing

 

 

 

The Executive Director of the International Monetary Fund announced today, Wednesday, that some of the poorest countries in the world and emerging market countries may need to restructure their debts in the future, adding that only freezing debt payments may not be enough.

Kristalina Georgieva added that some emerging economies that have adopted prudent and sustainable debt policies are passing through the Corona virus crisis better than others, but a small number of countries with high debt burdens are likely to need assistance in the future.

Georgieva said the International Monetary Fund (IMF) has disbursed about $ 260 billion of its trillion dollar capacity at this stage, and has so far provided emergency funding to 63 of 189 countries that have requested assistance since early March.

 

https://www.almirbad.com/detail/53331

Link to comment
Share on other sites

The exchange rates of the dollar in the Iraqi markets for today

04-20-2020
The exchange rates of the dollar in the Iraqi markets for today
 

The exchange rates of the dollar were stable on the Kifah Stock Exchange and local markets, on Thursday (4 June 2020).

The prices of the Kifah Stock Exchange - Baghdad reached 124,000 dinars per 100 dollars.

Buying and selling prices in banking shops

The sale price of the dollar = 124,500 dinars.

The purchase price of the dollar = 123,500 dinars
 
  • Upvote 2
Link to comment
Share on other sites

Witness: With a “lengthy” message .. the central bank “complains” some of the deputies to the Speaker of Parliament

2020-06-04
download-2-1.jpg?resize=290%2C174&ssl=1

Yassin Iraq: Baghdad

The Central Bank of Iraq sent a lengthy message to Parliament Speaker Mohamed Al-Halbousi, complaining that some representatives have launched media accusations against the Central Bank.

And documents seen by "Yas Iraq" showed a lengthy message from the central bank addressed to the parliament presidency, through which he reviewed his "accomplishments" in preserving the currency and the Iraqi economic situation, while filing a complaint from some deputies who turn to the media for "accusing" the central bank of corruption and skepticism Some of the mechanisms used.

 

https://yesiraq.com/شاهد-برسالة-مطولة-البنك-المركزي-يشكو/

  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

Deputy: The 2020 budget will be monthly or quarterly, concerned with ruling salaries and paragraphs

 04/06/2020
 
  
%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-696x438.j

Information / Baghdad .. The
deputy of the Alliance of Raiders Riyad Al-Masoudi said on Thursday that the 2020 budget will be a monthly or quarterly budget and will be concerned with paying the salaries and ruling clauses such as electricity, health and trade, indicating that the previous government has lost nearly three trillion of the volume of internal revenues.
Al-Masoudi said in a statement to the "information", that "Al-Kazemi's government will not be able to complete an integrated budget for one year because of its inability to borrow from abroad due to the pandemic that has ravaged the global economy and also cannot borrow large funds from Iraqi banks to fill its great deficiency."
He added, "The government will resort to completing a monthly or quarterly budget that is concerned with paying salaries and the ruling paragraphs, such as health, electricity, and trade, to cover the expenses of the ration card items."
Al-Masoudi explained that “Al-Kazemi’s government will focus most of its attention on oil revenues at current prices in the oil market, as well as on internal revenue through its full control of tax collection, border ports and other internal resources obtained by the state,” noting that “the Abdul Mahdi’s government has lost nearly Three trillion of internal revenue. ” Ended in / 25 pm

 

https://www.almaalomah.com/2020/06/04/477848/

  • Like 1
  • Thanks 2
  • Upvote 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.