By Documents .. Al-Kazemi Decides To Keep Al-Fayyad And Al-Alaq In Their Posts !

[DinarThug]

CNN. Broadcasting While Scribbling A Write In Vote For Shabbi In Crayon !
 

 

LINK

By documents .. Al-Kazemi decides to keep Al-Fayyad and Al-Alaq in their posts

 

18th June, 2020

 

Prime Minister Mustafa Al-Kazemi decided, on Wednesday, to keep the head of the Popular Mobilization Authority, Faleh Al-Fayyad, the governor of the Central Bank, Ali Al-Alaq, and the director of the retirement board, Ahmed Abdul-Jalil, to continue working in their positions.
 

According to documents issued by Al-Kazemi’s office obtained by Al-Akhbariya, according to the approval of the Prime Minister, it was decided to continue assigning Faleh Al-Fayyad to continue running the affairs of the Presidency of the Popular Mobilization Authority.

In a separate document, it was also decided, and will continue, on the relationship to manage the affairs of the Governor of the Central Bank, as stated in another document, which decided to continue assigning Ahmed Abdel Jalil to conduct the affairs of the retirement board.

                           

[DinarThug]

LINK

Parliamentary law requires the government to explain the reasons for Ali Alalaq's continued management of the central bank

 

17th June, 2020

Today, (yesterday)  Wednesday, the Parliamentary Legal Committee was surprised by the continuation of the relationship with the Central Bank administration until now, despite being referred to retirement for months, asking the government to explain the reasons and the reasons for that!

Deputy Speaker of Parliamentary Law, Mohamed Al-Ghazzi told Al-Ikhbaria that "Ali Al-Alaq, the governor of the Central Bank, has been referred to retirement for several months, but he is still doing his business until now, without any reason for that."

He added, "The relationship does not have any administrative orders or directives to extend the duration of its work and manage the work of the Central Bank of Iraq."

"We personally sent several books to the government a month ago in order to obtain the answer regarding the reasons for the continuation of the relationship with the management of the central bank, but the government has not yet answered," Ghazi said.

It is mentioned that the Governor of the Central Bank, Ali Al-Alaq, is accused of several corruption cases, but the most prominent of which is the financing of militias and terrorism by manipulating the currency auction, and this was confirmed by Representative Magda Al-Tamimi, as well as the strangling of the case of the seven billion dinars that he said was damaged by rain water, which raised the eyebrows of public opinion. 

[DinarThug]

Why did Iraq’s investments in US Treasury bonds rise? .. Nabil Al-Marsoumi

2020-06-17

 

 

 

 

Books: Dr. Nabil El-Marsoumi
 

The US Treasury Department said that total foreign investor holdings of US Treasury bonds and bills decreased from 6.810 trillion dinars at the end of March 2020 to $ 6.765 trillion at the end of April, and Japan reduced its holdings of U.S. treasury bonds and bills by $ 5.7 billion to $ 1.266 trillion in April But it remains the largest foreign investor in US government securities and China, the second largest holder of US treasury bonds and bonds, also cut its total holdings to $ 1.073 trillion in April, a decrease of $ 8.8 billion from the previous month. The investments of the Gulf Cooperation Council countries in US treasury bills and bonds decreased by 13.2%, on a monthly basis last April to $ 208.2 billion, after recording 239. $ 8 billion in March, and the retreat from the Corona virus, which lost oil - the main source of income for the Gulf Cooperation Council states - resulted in about two-thirds of its value during the first quarter of 2020, in the worst historical quarterly performance, and the low yield of bonds on record ten-year US Treasury bonds It recorded a low level of 0.543 percent on the twenty-first of April and ended the month at 0.625 percent, as investors sought safe havens during the Corona pandemic. 

Unlike other countries, particularly the Gulf states, and amid a sharp drop in oil prices, Iraq’s possession of American bonds rose to 32.5 billion dollars, after it was last March at 30.7 billion dollars.

* Professor of Economics at the University of Basra

LINK

[DinarThug]

This Is The Iraqi Financial Seminar Which Just Took Place In London This Week - Prior To Next Week’s Financial Expo In Baghdad !  

 

     

 

 

LINK

Experts Discuss IBBC's 'Iraq 2020: a Country at the Crossroads'

 

17th June 2020
 

IBBC Advisory Council's discussion goes public on the white paper 'Iraq 2020: a country at the crossroads.'

 

Today over 300 people signed up the IBBC Advisory Council's public discussion on the white paper - Iraq 2020: a country at the crossroads, sponsored by Iraq Business News ( IBBC media partner)  and in conjunction with Chatham House and IRIS at AUIS.

With a full panel of 6 advisors and commentators, including Ms Maya Gebeily of Agence-France Presse, Mr Ahmed Tabaqchali of IRIS at AUIS, and the key advisory panel members led by Professor Frank Gunter of Leigh University, Dr Renad Mansour, Fellow at Chatham House, Mr Hani Akkawi of CCC and Professor Mohammed Al-Uzri, University of Leicester University. Mr Christophe Michels, MD of IBBC chaired the discussion.

The key points were delivered by Professor Gunter, including, the necessity to provide:
1. Strong cross-party political support to GOI for its initiatives;
2. Transparency to build support and trust among the people and to stop corruption up and down the system. 
3. GOI acceptance of the limits of its ability to control and centralise economic activity - and afford to make space for the Private sector.

Dr Mansour made critical points about the importance of the political economy and the requirement to listen and understand the needs of the protestors and conversely the protestors ability and requirements of government to make changes, along with the difficulty in enacting reforms while the public sector has too much invested in its continuation.

Mr Hani Akkawi, made an unmissable point about the opportunity for areas of industry to be returned to the private sectors, such as electricity, water, fertiliser and transport, that would not only raise finance, but help efficiency and productivity.

Underpinning the report are 5 key action points and a further 38 recommendations that the GoI may be able to make to address the economic crisis that faces the country, including; business deregulation, inclusion of the informal business sector into legal acceptance, ending subsidies on electricity and water production, an improved banking system with credit for private sector businesses, an anti-corruption drive and dealing with COVID-19 without jeopardising the private sector.

1.5hr video in English -  Please see the full webinar here

Click below to read the full paper:

Iraq 2020: a country at the crossroads - English

[DinarThug]

15 hours ago, DinarThug said:

Details .. Iraq and Iran announce a financial agreement and the exchange of basic commodities
 

              
 

17th June, 2020

 

President of the Central Bank of Iran, Abdel Nasser Hamti, stressed the expansion of monetary and banking cooperation between his country and Iraq, revealing the use of a joint mechanism to accelerate the supply of basic commodities.

Hamti, who arrived in Baghdad this morning, Wednesday, to discuss joint monetary and banking cooperation between the two countries and during his meeting with the Director of the Iraqi Central Bank, Ali Al-Alaq, "We have reached during the previous visits to good and constructive agreements through proposals that have been put forward by both sides, and it was agreed to use the resources we have in Iraq to buy goods that are not part of the economic sanctions, and we also reached a good understanding during our visit." He added, "Currently, the two countries have the desire and desire to implement this agreement quickly."

For his part, the Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq, pointed to the understandings that were agreed upon during the past year between the two central banks, which were signed by both sides, saying that "this memorandum of understanding, which relates to financial and banking matters between the two sides and the way to benefit from the sources of the Iranian Central Bank It was discussed in a transparent manner, and today it was agreed to activate the necessary procedures accordingly." The meeting was attended by representatives of the ministries of Industry, Minerals and Trade (silence), and the head of the Iranian National Gas Company in addition to the President of the Iranian Central Bank. It was also agreed between the heads of the Iranian and Iraqi Central Bank during this meeting, on the mechanism for implementing this agreement.

The head of the Iranian Central Bank confirmed that Iran is determined to take advantage of its external sources to import basic commodities into the country and benefit from them, including medicine. "After the agreement that was made today with the President of the Central Bank of Iraq, we will start working with Iraq on this platform from today," he said, who is currently visiting Baghdad, in a press statement after his meeting with Al-Alaq. He added, "The Islamic Republic has good financial resources in Iraq, and it was agreed and the decision was made to import a portion of the basic commodities that we need in our country from this neighboring country."

Hamti pointed out that "an agreement was signed on the mechanism of financial payment last year between Iran and Iraq, and the exploitation of Iranian resources in Iraq was part of this agreement." He stressed that "the Islamic Republic is keen to expand financial and banking relations with Iraq through the Iranian Central Bank and the rest of the banks operating in this country." The head of the Iraqi Central Bank, Ali Al-Alaq, said, "The largest part of these Iranian financial sources that are in Iraq is related to energy (gas and electricity), and therefore, according to the new agreement, these resources will be utilized."

Ali Al-Alaq pointed out that "the meeting today resulted in the signing of the understanding that took place during the past year on the mechanism of financial work between the Iraqi Central Bank and the Iranian, and this agreement was discussed and an agreement was reached on the implementation of parts of it, including the export of basic commodities to Iran."  In response to a question, is it possible that this agreement between the two countries could be affected in the event of an external intervention, he said, "All parties agreed to this automated and financial agreement and it was carried out in complete transparency." Al-Alaq stressed that this agreement took place at an international level and was agreed upon.The head of the Iranian Central Bank, Abdul Nasser Hamti, arrived in Baghdad at the head of a high-level delegation this morning, Wednesday.
 

 

LINK

Iran imports goods from Iraq using the energy revenues exported to it

 

18th June, 2020

 

Iran plans to import goods from Iraq using billions of dollars of gas and electricity revenues stuck in the country due to US sanctions

According to the American "Bloomberg" agency, "The governor of the Iranian bank Abdul Nasser Hamti told the state-run Islamic Republic News Agency that the central banks of the countries signed a trade agreement with Iraq on Wednesday," and he did not provide details about the type, value, or quantity of commodities included in future deals. Under the agreement

Earlier this month, Iranian Energy Minister Reza Ardakanani said that Iraq owes Iran at least $ 800 million to electricity imports, and in February last year, Tehran said that Iraq owed about two billion dollars to buy natural gas

According to Iranian customs data, Iraq was the second largest trading partner of Iran after China in the year ending in March 2019, as goods worth about $ 9 billion were destined, while imports from Iraq were only $ 58 million

The United States, which has imposed severe sanctions on the Iranian economy and which limits its ability to conduct cross-border financial transactions, has asked Iraqi officials to make efforts to reduce the country's dependence on Iranian energy

Edited June 18, 2020 by DinarThug

[DinarThug]

14 hours ago, DinarThug said:

The Minister of Planning reveals the goals of Iraq Vision 2030

 

17th June, 2020

On Wednesday, Minister of Planning Khaled Battal confirmed work on developing the investment environment by encouraging the national private sector and attracting international companies.

A statement of the Ministry of Planning said in a statement, which received/Mawazine News/ a copy of it, that "Minister Khaled Battal Al-Najm discussed with Princess Mashael Al-Otaibi, President of the Arab Organization for Peace and Development a number of issues of bilateral concern, and it was agreed to continue joint meetings and work on Signing a memorandum of cooperation between the two sides, and supporting the work of the Iraqi-Saudi Joint Friendship Association. Battal appreciated "the distinguished role played by the Arab Peace Organization in promoting bilateral relations between Arab countries in general, and Iraqi-Saudi relations in particular, on the social and economic level."

He added, that the first step to achieving development starts from building the human being, who represents the axis and goal of development, pointing out that Iraq’s vision for sustainable development 2030 focused on this aspect, through adopting human and economic development policies, which are among the basic goals and tasks of the Ministry of Planning, And work to develop the investment environment, by encouraging the national private sector, and attracting international companies to take advantage of great investment opportunities, especially after the security stability achieved throughout Iraq, "expressing" the ministry's readiness to open horizons of cooperation with the Arab Organization for Peace in all areas". 

 

LINK

Planning: Transferring the emergency grant file to the central bank

 

18th June, 2020

 

Today, Thursday, the Ministry of Planning revealed the transfer of the emergency grant file to the Central Bank in order to disburse the grant to beneficiaries

"The ministry has transferred the emergency grant file for unemployed youth to the Central Bank after it has completed all of its procedures of entering data and checking names for those covered and according to the controls and conditions that they have prepared in advance," said ministry spokesman Abdul Zahra al-Hindawi

To that, the Director General of the Labor and Vocational Training Department at the Ministry of Labor and Social Affairs Raed Jabbar Bahd said, "The Ministry held a meeting with the Ministry of Planning to discuss the exceptional importance of the national project for youth employment at the current stage because it represents a sound rooting to support the private sector and establish true development in the country

Edited June 18, 2020 by DinarThug

[DinarThug]

LINK

Deputy: Iraq’s economy needs to get rid of the worn out government sector and turn it into a private sector

 

18th June 2020

 

Former MP Majid Shankali stressed that the Iraqi economy needs to get rid of the worn out government sector and transfer it to the private sector.

Shankali said in a tweet on "Twitter" that "the solution to the Iraqi economy crisis needs a package of bold decisions aimed at shifting from the state economy to a free market economy."

He added that "the economy needs to get rid of the consuming government sector consumed in the ministries of industry, electricity, housing and agriculture and turn it into a private sector aimed at competition, production and export instead of import."

[DinarThug]

LINK

Strategic expert: The former governments are responsible for losing the financial resources of the Iraqi treasury

 

18th June 2020

 

The strategic expert, Fadel Abu Ragheef, confirmed that the previous governments are responsible for the loss of financial resources for the Iraqi treasury.

Abu Ragheef said in a tweet on "Twitter" that "the loss of large financial resources for the treasury of Iraq for more than a decade and more has borne the brunt of the mismanagement of successive ministries of previous governments."

He added that "the UAE depends on the telecommunications sector, Iran on almonds, apples and other industries, and Egypt on tourism, and we only communications can meet the needs of Iraq, border ports and taxes."

[DinarThug]

LINK

Economist: Iraqi oil has returned to recovery and there is no justification for the financial crisis

 

08:34 - 18/06/2020

Economist Wissam Al-Tamimi stressed that Iraqi oil, especially Basra crude, scored very good levels in the oil market, pointing out that there is no justification for promoting the financial crisis in addition to there are question marks about surplus oil revenues for the past year.

Al-Tamimi told “Information” that “oil prices exceeded $ 40 a barrel, especially Basra crude, which exceeded this amount, and therefore it reached the price approved by the 2019 budget and which is in force in its law this year.” 

 

He added that "Iraq no longer needs external borrowing, not even internal, in light of the recovery of the oil market. Rather, it needs a rapid renaissance to diversify sources of income and revenues to avoid a new crisis in the event of low oil prices again."

And that "there are big question marks on the surplus of oil revenues at the end of last year, as more than $ 15 per barrel over a period of more than 3 months are amounts of surplus from the budget need and can compensate for the shortfall during the current year, but the matter needs an urgent and impartial investigation To find out where billions of dollars in surplus oil revenues went.

[DinarThug]

LINK

Presidency of the Council of Representatives suggests the return of the activity of the Iraqi economic sector within a few months

 

18th June 2020

The first deputy speaker of the House of Representatives, Hassan Al-Kaabi, suggested on Thursday that Iraqi economic activity would return in the next few months, while he called on the Ministry of Planning to start drawing modern policies for building the state and shifting towards a balance of programs and performance.

A statement issued by Al-Kaabi office said, "Mawazine News / received a copy of it, "that the latter received Minister of Planning Khaled Battal Al-Najm, and stressed the start of drawing new and new policies for building the state and redefining investment plans for Iraq after reviewing the previous classifications of the investment sector, which led to the delay of many of Projects and other pauses."

Al-Kaabi said, "There are giant projects that must be undertaken by the state, especially in the oil, energy, and ports sectors, and there are medium projects that can be carried out through local administrations such as a small and medium oil refinery at certain costs. It can be completed by investing and investing the capabilities of local banks in this regard." And Al-Kaabi suggested the return of the Iraqi economic sector, especially investment, during the next few months, stressing "the importance of focusing on the agricultural sector, which started its signs of resurgence in Iraq from now on." He pointed out that "it is necessary to search for modern mechanisms to support the local private sector in order to encourage and develop it and ensure that project profits are recycled locally."

For his part, the Minister of Planning affirmed his direct support to the Iraqi private sector, as well as the ministry’s policy towards directing intermediate projects, focusing on the provinces to carry out ongoing projects with a view to reflecting their achievement on providing services to citizens and restoring the citizen’s trust in the state. During the meeting, they discussed the possibility of conducting field visits that include the most disadvantaged governorates, including Muthanna, Diwaniyah, and other provinces with higher poverty rates.

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

LINK

Al-Kaabi and Al-Petal agreed to support medium-sized enterprises, the private sector, and investment to move the economy

[DinarThug]

LINK

The Minister of Transport: Preparing a plan to operate the big Faw port by investment

 

18th June 2020

 

Today, Thursday, the Minister of Transport announced the formation of a committee to operate the large port of Al-Fao through investment or joint operation with specialized foreign companies, while stressing that the resumption of air traffic is subject to the epidemiological situation

Minister Nasser Hussain Bandar Hamad stated that "the ministry prepared a study to operate the large port of Faw by investment or joint operation with foreign companies specialized in operating and managing ports through a committee formed for this purpose and what will be agreed upon will be decided according to the data and presented to the cabinet to take a decision on This subject

He added that "the ministry worked to activate a committee formed to produce decisions after studying all the proposals and results achieved from the possibility of joint operation of the Al-Faw port or offering it for investment, especially since the project needs large amounts of money not currently available due to the current economic situation that does not allow the completion of building the port and that of The priorities of the ministry's work are to find a way to operate the port

And regarding future plans during the coming years to expand the fleet of ships and specialized ships for transporting crude oil, the Minister of Transport stated that "The Maritime Transport Company is one of the formations of the Ministry of Transport, and through its programs and future plans, is keen to expand the fleet of ships, which depends on the financial and economic situation in light of the financial data to increase the transport of goods. And commercial traffic

With regard to aviation traffic, the minister stated that "the resumption of flights depends on the epidemiological situation that the country is going through and the decisions of the Supreme Committee for Health and Safety. He pointed out that "all companies affiliated with the Ministry of Transport are profitable self-financing companies that achieve financial imports except for the railway company, as we are working to be a profitable company

[nannab]

Thanks Mr. Thugs  

[HowieC]

Disclosures of American pledges to help Iraq overcome the financial crisis

Baghdad today - Baghdad

Member of the Parliamentary Finance Committee, Sherwan Mirza, confirmed today, Thursday, that the United States of America has expressed its readiness to help Iraq overcome the current financial crisis.

Sherwan Mirza said, in an interview with (Baghdad today), that "the American Secretary of State announced his country's readiness to provide sums of money to help Iraq overcome the current economic crisis," noting that "he did not announce his country's terms for that assistance in the event that it is achieved."

Mirza added, "The Ministry of Finance is negotiating with the International Monetary Fund and the World Bank to obtain financing, but it has not reached any agreement yet."

And a member of the Finance Committee in Parliament stated that "the government seeks to borrow in order to secure the salaries of employees, and not to secure the investment budget, but we stressed in our meeting with the Minister of Finance that part of those loans go to investment."

The head of the Iraqi delegation in the strategic dialogue with Washington, had revealed earlier, the content of US pledges to assist Iraq in the energy and financial crisis.

Hashem said, in an interview with the program (Shortest Roads) presented by the media, Dr. Nabil Jassem on Al Sharqiya News Channel that "Iraq presented a description to Washington regarding the financial crisis and the Corona pandemic, and the American delegation expressed its willingness to assist Iraq directly in the financial aspect through certain mechanisms and influence the International organizations, including the cash box, to help Iraq or American companies to push them to invest in us, and urge friendly and neighboring countries to Iraq to help them also in this file. "

وكالة بغداد اليوم الاخبارية

 

 

 

https://baghdadtoday.news/news/123205/الكشف-عن-تعهدات-اميركية-?fbclid=IwAR1UIUbnGncFFBkRfDe9jmrM1zoWY18MO3cFQCvCQ6IrkDGmrYjWzSwjSoE

[DinarThug]

On 6/17/2020 at 11:07 AM, DinarThug said:

So What Did U Expect After U Just Let The Iranians Into Ur Central Bank ?         

Video .. Shocking statement from Al-Kazemi’s advisor: There is only 300 million dollars in the Iraqi state’s treasury

2020-06-17

 

Yassin Iraq: Baghdad

 

Hisham Dawood, adviser to the Prime Minister, Mustafa Al-Kazemi, said that the new government received from the previous government of Adel Abdul-Mahdi an empty treasury with only $ 300 million in it.

"Adel Abdel Mahdi and his government have left the state treasury in this vacuum, and we are facing a country that needs everything and has a grave global epidemic, and we have many requirements and are fighting a war against terrorism," Dawood said in a recorded tape from a press conference, shared with "Yass Iraq".

video link

 

My discontent

Elites and political experts close to the ruling administration in Iraq commented on the file handing over the previous government of Abdul-Mahdi the treasury of the empty state to Al-Kazemi.

The political analyst, Ihsan al-Shammari, said in a tweet shared with “Yassin Iraq” that “Adel Abdel Mahdi, the accomplished (empty treasury), is the only one who bears what the financial situation has reached at the present time.”

 

د.احسان الشمري@Ihssan_Shmary

 

 

عادل عبد المهدي صاحب منجز ( الخزينة الخاوية ) وحده من يتحمل ما وصلت إليه الأوضاع المالية في الوقت الحاضر .#العراق

Adel Abdul-Mahdi, the owner of the accomplished (empty treasury) alone, can bear what the financial situation has reached today. # Iraq

١٢:١١ م - ١٠ يونيو ٢٠٢٠

 

 

As for the former close associate of the Abdul-Mahdi government and later departed from it, Laith Shbar, in a tweet addressed by Al-Kadhimi, confirmed, “Your predecessor gave you an empty treasury and rewarded him with praise and a huge pension and left him to flee to Erbil instead of saying goodbye to him and his associates because of the crimes he committed and mismanagement For the state .. and the loss of Iraqi money.

 

Laith Shubbar( الصفحة الرسمية)@LaithShubbar

 · ١٠ يونيو ٢٠٢٠

 

ماعاد ينفع الكلام ولاعادت النصائح مجدية فهؤلاء بلا ذمة ولا ضمير يقولون مالايفعلون ويعدون ولايوفون.. الظلم أصبح لهم عادة والكذب أضحى عندهم شطارة يحافظون على مناصبهم ومغانمهم بالنفاق والدجل والذل والعمالة والمهانة ويستسبعوا علينا بينما هم عبيد لغيرنا أما آن الأوان لأخذ القصاص منهم

June 2020 Speech is not useful and advice is useful again. Those without pardon or conscience say they do not do and prepare and do not meet .. Injustice has become a habit and lying has become a cavity for them, they keep their positions and their gossip with hypocrisy and humiliation and labor and humiliation and they like us while they are slaves to others but it is time to take retribution from them

Laith Shubbar( الصفحة الرسمية)@LaithShubbar

 

أعطاك سلفك خزينة خاوية فكافأته بالمديح وراتبا تقاعديا ضخما وتركته يهرب الى أربيل بدلا من أن تودعه السجن هو وأعوانه بسبب الجرائم التي ارتكبها.. وسوء إدارته للدولة.. وضياع أموال العراق..

وهرولت أنت وكابينتك ومستشاريك لقطع قوت المتعففين الذين خدموا العراق بأحداق عيونهم حينما كنت

Your predecessor gave you an empty treasury and rewarded him with praise and a huge pensionable salary and let him flee to Erbil instead of saying goodbye to him and his associates in prison because of the crimes he committed .. and his mismanagement of the state .. and the loss of Iraqi money .. and you and your cab and your advisors scrambled to cut off the power of the abusive who served Iraq with the bare eyes when you were 

 

١٠:٠١ م - ١٠ يونيو ٢٠٢٠

 

link

 

LINK

A representative asks: If the treasury is empty, how did the government send 400 billion to the region?

 

 

13:22 - 18/06/2020

 

The deputy of the Al-Fateh coalition, Sana al-Musawi, commented, on Thursday, on the statement of Advisor to the Prime Minister Hisham Dawoud regarding the receipt of the current government from the government of Abdul-Mahdi, the amount of 300 million dollars, and the treasury is empty, wondering why the government of Al-Kazemi sent 400 billion dinars to the region's government.

Al-Musawi said in a statement to "Information", that "the statement of the Adviser to the Prime Minister Hisham Daoud regarding the handing over of the Al-Kazemi government to an empty treasury, in which only $ 300 million is illogical." She added, "It is unreasonable for this amount to be in the treasury." She asked, "Where are the amounts of oil revenues for the last month and why did the government send $ 400 billion to the region."

And Moussaoui called for "holding a joint meeting with the Finance Committee in the House of Representatives and discussing the matter with absolute culture." 

[DinarThug]

LINK

Al-Kaabi warns of unprecedented corruption due to the exclusion of preparing a budget for the current year

 

 

09:22 - 18/06/2020

Political analyst Saad Al-Kaabi warned of unprecedented corruption as a result of the failure to pass a budget for the current year on the pretext of a financial crisis due to the drop in oil prices, pointing out that Al-Kazemi will bear the result of the continuing situation on what he is, which will cast a shadow on Al-Kazemi’s government and may lead to its downfall.

Al-Kaabi said in a statement to "Information", that "fabricating the financial crisis and resorting to the weakest link in the country of employees and retirees will generate anger and a negative reaction from this segment towards the government and may lead to its downfall in the next few days."

He added, "Exploiting the artificial financial crisis and not approving a budget for the current year will lead to unprecedented corruption due to the lack of final accounts for the state."

And that "some political blocs, especially the Kurdish, guaranteed Al-Kazemi its passage in Parliament, provided that the region receives funds amounting to 400 billion dinars, while the country is witnessing a financial crisis that can be overcome through other ports other than the salaries of employees." 

[DinarThug]

Disclosure of American pledges to help Iraq overcome the financial crisis

 

Policy 2020/06/18 20:43 416    

Baghdad today - Baghdad 

 

Member of the Parliamentary Finance Committee, Sherwan Mirza, confirmed today, Thursday, that the United States of America has expressed its readiness to help Iraq overcome the current financial crisis. 

Sherwan Mirza said, in an interview with (Baghdad today), that "the American Secretary of State announced his country's readiness to provide sums of money to help Iraq overcome the current economic crisis," noting that "he did not announce his country's terms for that assistance in the event that it is achieved."

Mirza added, "The Ministry of Finance is negotiating with the International Monetary Fund and the World Bank to obtain financing, but it has not reached any agreement yet." 

And a member of the Finance Committee in Parliament stated that "the government seeks to borrow in order to secure the salaries of employees, and not to secure the investment budget, but we stressed in our meeting with the Minister of Finance that part of those loans go to investment."

The head of the Iraqi delegation in the strategic dialogue with Washington, had revealed earlier, the content of US pledges to assist Iraq in the energy and financial crisis.

Hashem said, in an interview with the program (Shortest Roads) presented by the media, Dr. Nabil Jassem on Al Sharqiya News Channel that "Iraq presented a description to Washington regarding the financial crisis and the Corona pandemic, and the American delegation expressed its willingness to assist Iraq directly in the financial aspect through certain mechanisms and influence the International organizations, including the cash box, to help Iraq or American companies to push them to invest in us, and urge friendly and neighboring countries to Iraq to help them also in this file. "

LINK

[southbeach]

14 hours ago, DinarThug said:

LINK

Strategic expert: The former governments are responsible for losing the financial resources of the Iraqi treasury

 

18th June 2020

 

The strategic expert, Fadel Abu Ragheef, confirmed that the previous governments are responsible for the loss of financial resources for the Iraqi treasury.

Abu Ragheef said in a tweet on "Twitter" that "the loss of large financial resources for the treasury of Iraq for more than a decade and more has borne the brunt of the mismanagement of successive ministries of previous governments."

He added that "the UAE depends on the telecommunications sector, Iran on almonds, apples and other industries, and Egypt on tourism, and we only communications can meet the needs of Iraq, border ports and taxes."

That darn Obama

[DinarThug]

His advisor reveals Al-Kazemi’s plan to confine arms to the state and confirms: We will not allow influence on the upcoming elections

 

Policy 06/2020 2020 21:50 1434 Editor: ht   

Baghdad today - follow up

 

Hisham Dawood, Adviser to Prime Minister Mustafa Al-Kazemi, Thursday (June 18, 2020), revealed the plan of the Commander-in-Chief of the Armed Forces to confine arms to the state, while acknowledging the existence of parties that bear arms in order to achieve pressure and gains.

"Every weapon that is illegally acquired, whether it is owned by a party, a clan or any other party, is a weapon outside the state," Dawood said during his speech on the "Shortest Roads" program , presented by the journalist Dr. Nabil Jassem on Al Sharqiya News.

He added, "The weapon of the state is the weapon of the security services, the popular crowd, and the official parties that belong to it only." He pointed out that "any approach that tries to parallel the state in its power is a prelude to chaos, and we do not want to be Somalia or a second Lebanon." 

"Some of the groups that bear arms have external connections, and the government is trying to dialogue with them to pressure internally and externally through a different plan of action," Dawood said, noting that "the government will start with this issue and it can be resolved under the current government."

He pointed out that "there are political parties who have military formations that we expect to accept that arms be confined to the state," noting that "the current government will not allow in any way for weapons to affect the current situation and the upcoming elections."

On targeting the Green Zone, David said, "Any operation targeting the Green Zone is carried out by parties from inside Iraq that we consider to be terrorist," noting that "there are those who are trying to strike the country's credibility because the current government has pledged to impose the prestige of the state."

He pointed out that "there are missile attacks on Iraqi camps, and the aggressor is an Iraqi entity, after which the state will treat it as a terrorist out of law."

Earlier, the joint operations spokesman, Tahsin al-Khafaji, Major General Tahsin al-Khafaji, Thursday (18 June 2020), commented on the bombing of the Green Zone.

Al-Khafaji said, "The joint operations will not allow any party to continue hitting the green zone, and those behind these attacks are uncontrolled groups, which have limited capabilities that enable them to move, and take advantage of the curfew to carry out their operations from some areas." 

And that "the security forces reach at high speed the missile launchers," pointing out that "Al-Kazemi directed the activation of the intelligence effort to pursue the perpetrators."

As for the firing of rockets on different areas of the capital, Baghdad, Prime Minister Mustafa Al-Kazimi said earlier today (June 18, 2020) that he will not allow outlaws to kidnap Iraq, and they will not tolerate bombing the "unknown soldier", after that Target the Green Zone, where the Unknown Soldier is located, with four missiles at dawn today. 

Al-Kazimi said in a tweet on the social networking site "Twitter", that "the missiles that targeted (the unknown soldier) in Baghdad, seek to threaten our stability and our future, which is something that does not compromise." 

He continued, "I will not allow outlaws to kidnap Iraq in order to create chaos and find pretexts to perpetuate its interests."

In the recent period, a number of Katyusha rockets landed in different areas of the capital, Baghdad, where some rockets landed near Baghdad Airport, others near the Taji camp hosting the international coalition forces, and the last bombing occurred on the Green Zone after midnight yesterday.

LINK

[DinarThug]

Al-Kazemi's advisor reassures about the salaries of 2020 and confirms: There are 34 million Iraqis without a salary

 

 

Policy 06/1920 2020 22:07 2872     

Baghdad today - Baghdad 

 

Hisham Dawood, adviser to Prime Minister Mustafa Al-Kazemi said today, Thursday, that there are 34 million Iraqis without salaries, noting that the responsibility of the International is to ensure a decent life for all Iraqis equally and while he reassured about the salaries of this year, he stressed the necessity of finding financial reforms that prevent Repetition of financial crises.

Speaking to the program (Shortest Roads) , presented by Dr. Nabil Jassem on the screen of (Eastern) ) , David spoke about the Corona pandemic and said, "The Corona epidemic has spread due to false beliefs, the first of which is that the virus will be weaker in the summer, and also think that treatment will be available quickly and also a lot of indifference. Citizens are at risk of the virus. 

" He pointed out, "Half the time of the cabinet meetings is devoted to discussing the Corona file, and we are in contact with developed countries, and the Iraqi embassy has brought contacts between Iraqi and Russian health regarding the proposed treatment, and we also communicate with the Americans, Russians and the British." 

He added, speaking about the reason for the decline in the health situation in Iraq and the challenges it faces, saying, "We have hospitals that have not been renewed for 40 years, and hospitals receive large numbers of auditors, what existed from health institutions that either dismantled or disrupted their development, and there is a wrong management philosophy that has hindered the development of many sectors Among them is industry and agriculture. "

Regarding the financial crisis that strikes Iraq after the Corona pandemic and the drop in oil prices, Al-Kazemi’s advisor stressed, “We are concerned with developing short and medium-term plans because the current government is temporary. Only a dollar, which means that the state is required to add 4 billion dollars every month. "

He explained, "There are 34 million Iraqis who do not receive salaries from the state, and these need to secure their life conditions, and the state should have a role in providing objective conditions."

On how to secure salaries, he stressed, "We have short-term solutions through internal and external borrowing, and the salaries will be secured this year, but in return, we can burden future generations with external debt due to loans."

And he added, "There must be reforms to ensure that the crisis does not recur, and there is an idea to involve the Iraqi segments in resolving the crisis. There are retirees who receive a pension of up to 30 million per month, among them others do not receive more than 200 thousand, and there must be reforms in this aspect."

"There is a government debate on a salary scale that takes into account justice, and there are retired salaries that were deducted separately from the government's desire to deduct what happened," he added. 

He went on, "More than half a century ago, Iraq did not undertake any reform process, we must make clear to the citizens that the crisis must be solved governmental and social," noting that "many Asian and European countries and North America announced their readiness to assist Iraq in its financial crisis."

He continued, "We need to diversify the economic resources. Iraq cannot continue to rely 95% on oil as a primary resource."

In a previous press article, Prime Minister Mustafa Al-Kazemi revealed the challenges facing him after his government gained the confidence of Parliament, while he affirmed that he had responded to his duty and knew in advance the difficulties that stand before him, indicating that he had received the responsibility in a semi-empty treasury.

LINK

[DinarThug]

Member of Parliamentary Finance reveals Iraq's annual losses from tax evasion

 

Policy 06/2020 2020 23:28 227     

Baghdad today _ Baghdad  

 

Member of the Finance Committee in Parliament, Faisal Al-Issawi, revealed today, Thursday, the amount of Iraqi losses annually from tax evasion, while pointing to the responsibility of the tax department in this file. 

Faisal Al-Issawi said, in an interview with (Baghdad Today), that "tax smuggling in Iraq is a very complex problem, and 90% of the clients who are supposed to pay taxes evade in different ways, such as registering a large merchant with his commercial activity as a grocery store, and registering a hotel owner as a house." . 

Al-Issawi pointed out that "the tax department is the defaulter with the tax evasion that occurs, and it must carry out a continuous field survey of real estate and commercial activities with its various addresses and calculate the income tax on them."

A member of the Finance Committee in the House of Representatives stressed that "the treasury of Iraq annually loses more than one trillion dinars, at least because of tax smuggling." 

The Iraqi state has been suffering for years from losing billions due to lack of control over taxes in various public sectors, chief among them border crossings and evading the payment of taxes on electricity and real estate.

The new government, headed by Mustafa Al-Kazemi, is working according to official positions to control that money and annex it to the public treasury, to compensate for the severe financial crisis that is ravaging the country due to the effects of the Corona pandemic, which caused the decline in oil prices.

LINK

[3n1]

4 hours ago, DinarThug said:

So What Did U Expect After U Just Let The Iranians Into Ur Central Bank ?

 

thanks for all the effort posting articles CNN .

I cant believe ( i can actually ) Kazemi staying with Alak at the cbi knowing how messed up it is , guess they are all one in the same and the corruption continues if they have any money left by decembers elections possibly iraq can get some leadership elected with qualified people in the key positions ....iraq just doesn't bristle with confidence not sure how they will ever draw investors and get any type of market economy .... protesters need to hit the streets again imo change is not happening ... cheers

 

[DinarThug]

26 minutes ago, 3n1 said:

I cant believe ( i can actually ) Kazemi staying with Alak at the cbi knowing how messed up it is ,

Keep In Mind The Move A Week (Or So) Ago Where The Control Of The Auctions Were Taken Over By The Finance Committee !  

 

 

This Looks More Like A Transition Period - Where Alak Has Been Completely ‘Neutered’ And Is Being Kept On A ‘Short Leash’ While Other Things Are Being Put Into Place !  

 

     
 

Edited June 19, 2020 by DinarThug

[3n1]

56 minutes ago, DinarThug said:

Keep In Mind The Move A Week (Or So) Ago Where The Control Of The Auctions Were Taken Over By The Finance Committee !  

 

 

This Looks More Like A Transition Period - Where Alak Has Been Completely ‘Neutered’ And Is Being Kept On A ‘Short Leash’ While Other Things Are Being Put Into Place !  

 

     
 

 

Thank you thugs , waiting for a internationally traded bankable IQD and never looking back  ✌️

[DinarThug]

3n1

• Senior Member
• 
• Members

59 minutes ago, 3n1 said:

Thank you thugs , waiting for a internationally traded bankable IQD and never looking back  ✌️

 

Yep 3n1 - Kazemi’s Just Been Smoothing Out The Gears To Get Things Running Like A Well ‘Oiled’ Machine !  

 

     

[DinarThug]

And Even More Signs Of Kazemi Kicking A$$ And Taking Names !  
 

 

Off The Phony Payroll Lists ...

 

     

 

 

 

Iraqi News Expert: Iraq loses $ 15 billion annually due to “aliens” .. Al-Kazemi’s success with this file will be toppled with big heads

 

 

Policy 20/06/2020 20:11 6881     

Baghdad today _ Baghdad  

 

The researcher and economist, Raed Al Hashemi, emphasized that the number of imaginary employees cannot be determined accurately, while information indicates that their number reaches 650 thousand "space" that cost the Iraqi state approximately 15 billion countries annually.

Raed Al Hashemi said, in a televised interview, followed by (Baghdad Today), that "the file of space employees in state institutions is one of the serious files of corruption because there is no correct database with the names of state employees because of the influence of political blocs and corrupt."

Hashemi added, "The state is losing about $ 15 billion annually due to aliens, going to the pockets of the corrupt," noting that "the number of imaginary employees cannot be calculated accurately, but the information indicates that their number reaches 650 thousand aliens."

He continued, "Processing this file is one of the priorities of Mustafa Al-Kazemi's government, and we need boldness in making the decision, and what Al-Kazemi pledged is good." He pointed out that "Al-Kazemi, and if this file is resolved despite pressure, the matter will pave the way for large corrupt heads to fall, and we expect that He is under strong pressure to prevent him from achieving this goal. " 

He pointed out that "the former Prime Minister Haider al-Abadi announced the disclosure of 50 thousand space employees in 4 military divisions during his rule, but political pressures caused the file to close without resolving it and continue it to reach the rest of the numbers." 

The economist said, "If the will is available, it is easy to access the full facts. Even if this file is opened, it will become clear that most politicians are involved, and they will work to prevent its opening because it is one of the foundations of the deep state in Iraq and its permanence in state institutions." 

He stressed the necessity that "Al-Kazimi use the national and impartial figures to revitalize the efforts," noting that "the big corrupt people are keen to keep their arms in state institutions, including imaginary officials, to ensure control of the decision in them."

The premiership is moving in the context of discussing the issue of financial reforms and tackling the gates of corruption and waste that have caused the collapse of oil prices in a severe economic crisis.

LINK