The faltering government economic reform foreshadows a "catastrophe" ravaging Iraq ... high debt and the Iraqi dinar on the verge of collapse

[Mary B]

The faltering government economic reform foreshadows a "catastrophe" ravaging Iraq ... high debt and the Iraqi dinar on the verge of collapse

2020-06-20

Yassin Iraq: Baghdad

The economic expert, Nabil Al-Marsoumi, warned of the danger of exacerbating Iraq's debts due to internal and external borrowing, to finance employee salaries, due to the stifling financial crisis that is ravaging the country due to the global oil price collapse, stressing that the solution is to maximize state revenues and streamline spending to control the financial situation and maintain The Iraqi dinar from the collapse.

The seriousness of the shortage of reserves

The credit standing and the size of the public debt service. The external debt in Iraq is $ 25.444 billion, except for the Gulf’s $ 41 billion in debt, which is not currently effective debt. The internal debt is 40.810 trillion dinars. On the other hand, debt service premiums reached 16.364 trillion dinars in 2019. According to the new borrowing law, the government will borrow 15 trillion dinars from government banks and $ 5 billion from the International Monetary Fund to cover urgent operational needs for this year only, which constitute about 7 trillion dinars per month, or 84 trillion dinars annually. And when adding new debts, Iraq’s internal debt becomes 55.810 trillion dinars, and its external debt is 30.444 billion dollars. Far from the misleading standards that the World Bank uses to measure the burden of debt, this level of public debt in Iraq is significant, especially as debt service premiums will rise to more than 20 trillion dinars annually and they constitute between 40-50% of the Iraqi export revenues currently, which is a ratio Significant, especially since these revenues are closely related to fluctuating oil prices. Therefore, the urgent need for real economic reform appears, which cannot be done in Iraq without being preceded by real political reform. On the contrary, the country is heading towards the unknown due to the new and major economic challenges that Iraq currently faces and which it will face in the future, especially if the financial crisis extends for another year then Iraq will be forced To take painful and harsh measures, including reducing the exchange rate of the Iraqi dinar. ”

Parliamentary Finance

A member of the Finance Committee in the Iraqi parliament, Jamal Kujer, said that "there are files that, in the event of the government's success, can be dealt with to provide the country with sums of money that help to overcome the crisis, and dispense with resorting to loans, and provide large sums of money that exceed the value of those loans."

And Cougar continued, "Among those files that need urgent procedures are the file of the alien (imaginary employees), whose numbers are between 100 - 300 thousand space in the Ministry of Defense, of whom about 146 thousand within the popular crowd, a file that costs the budget one billion and 50 million dollars annually, At the very least, and the multi-salary file is one of the dangerous files. There are more than 250 thousand people who get more than 3 monthly salaries, and you need political decisions to stop them.

He stressed that "specialists estimate the total of these salaries at the lowest rate, such that the value of one salary is 400 dollars per month, it will cost 3 billion and 600 million annually, and this is the lowest estimate."

He added, "The border ports file, as there are 6 outlets that are outside the control of the government, and through which the government only gets about two billion dollars annually, while its imports according to the accounts of the Finance Committee are not less than 12 billion dollars, and the government tax and tax file does not The government obtains from it less than one billion, while its imports exceed 12 billion dollars annually.

And the Parliamentary Finance Committee confirmed last Sunday, returning the internal and external borrowing law to the government to not determine the borrowing rate.

Committee member Ahmed Mazhar al-Jubouri said, "The return of Iraq to the Arab incubator and international and Gulf support will help Iraq to overcome the financial crisis soon in addition to exploiting the imports of border outlets to compensate for the decline in oil prices." Next months. ”

 

https://yesiraq.com/تعثر-الإصلاح-الاقتصادي-الحكومي-ينذر-ب/

[Mary B]

Al-Kadhimi: Our reforms will achieve economic growth and financial efficiency by stopping waste

Saturday, June 20, 2020 

Al-Kadhimi: Our reforms will achieve economic growth and financial efficiency by stopping waste
Baghdad- Conscious
Prime Minister Mustafa Al-Kadhimi said Saturday that the reforms will bring economic growth and financial efficiency by stopping waste.
"Iraq is suffering from a chronic resource management imbalance, exacerbated by the fall in the price of oil and the Corona pandemic," al-Kadhimi said in a tweet followed by the Iraqi News Agency (INA).
"Our reforms will achieve economic growth and financial efficiency, by stopping waste and putting an end to the use of the people's wealth, such as double salaries and grants to categories (such as the detainees of Rafaha' only), he added.
"There is no retreat from the line of economic reform and social justice," al-Kadhimi said.

 

https://www.ina.iq/108442/الكاظمي:_إصلاحاتنا_ستحقق_النمو_الاقتصادي_والكفاءة_المالية_عبر_إيقاف_الهدر

[Mary B]

Prime Minister: We will stop harnessing people's wealth as grants to groups such as the "Rafha detainees"

2020.06.20 

 

People - Baghdad  

On Saturday, Prime Minister Mustafa Al-Kazemi vowed to continue "reforms" and to stop wasting wealth.  

Al-Kazimi said in a tweet followed by "Nass" (June 20, 2020), "Iraq suffers from a chronic defect in the management of resources, exacerbated by the decline in the price of oil and the Corona pandemic."  

He added, "Our reforms will achieve economic growth and financial efficiency, by stopping waste and ending harnessing people's wealth as double salaries and granting to groups (such as the detainees of Rafha), but not others."  

On Saturday, Prime Minister Mustafa Al-Kazemi confirmed that the total dependence on oil revenues reflects the failure of previous policies.  

In statements made during his visit to the Ministry of Oil and his meeting with the advanced staff in the Ministry, which was transmitted by his media office and followed by "Nass", (20 June 2020), Al-Kazemi said that "the Iraqi oil sector is ancient, and we must work to restore its health."    

Al-Kazimi added that "it is important for oil revenues to be turned into development projects, and we are working to form the investment fund for future generations.    

The Prime Minister considered that "the total dependence, at 95% of the budget on oil revenues, is evidence of the failure of previous policies, stressing by saying," We are working to maximize other revenues. "    

Al-Kazimi stressed that "there is no retreat from financial and economic reform, and it is not a reaction, but rather a reform process of what the situation has reached," noting that "there are those who are trying to disrupt, and we have a white paper for reforms, the debate is still ongoing."    

The Prime Minister went on to say, "There is no retreat from stopping double salaries, the detainees of Rafha and other groups to achieve justice, and what has been raised about the state's retreat is not correct and the financial and economic reforms are continuing, and they are proceeding with our procedures."    

And that "there are a lot of political bids, but the opportunity is important to address past mistakes."    

Al-Kazemi affirmed his keenness to visit the Ministry of Oil at this stage and after the completion of the government formation, due to the importance and role of this ministry in sustaining the Iraqi economy and implementing the duties assigned to it without the slightest failure, and we look forward to the Ministry of Oil carrying out its tasks and advancing its work.    

Mr. Al-Kazemi stressed the independence of the Ministry of Oil, and that work and projects continue in it, stressing by saying, "We want the ministry to be a model in the institutional development of the Iraqi state, and a commitment to professionalism and integrity away from narrow passions and interests," noting the need "to introduce financial and economic reforms in work Oil Ministry".    

Al-Kazemi said that "the government is currently studying the formation of an investment fund to secure the future generations of the country to come, as oil revenues represent the primary source of the state and the principle of justice must be achieved through the distribution of wealth between generations."    

During the meeting, the issue of security permits was also discussed, whereby the Prime Minister directed that the work in it be completely transparent and away from the bureaucracy that is another aspect of corruption, stressing at the same time to fight all forms of corruption as a scourge in the joints of the state and hinder the reform processes in it. And ISIS terrorist gangs occupied our cities because of corruption, "according to the media office.    

 

https://www.nasnews.com/view.php?cat=33577

[Mary B]

Kurdistan Region oil and its gains?

---

 

20/6/2020

 

       

Kurdistan Region oil and its gains?

 

In light of the deplorable political, economic and administrative conditions suffered by citizens in the Kurdistan region for years, which were caused by the mistakes of the authorities and some officials and led to a serious deterioration of the standard of living and pension, the decline in services, loss of salaries and widespread unemployment, despite the region's possession of a large variety of natural resources of oil and gas Water and vast fertile agricultural lands, but the prevalence of the mentality of authoritarianism and the lack of adopting thoughtful plans and programs and the absence of minds and competencies, and avoiding responsibility contributed to the aggravation of the situation and its deterioration in various areas in the Kurdistan region.

Most institutions, media and journalists on a daily basis highlight in detail and in various aspects the repercussions of the current situation and the risks and negative effects it represents on the citizens, but the officials who were the reason behind the emergence of these crises or political parties and the regional government are not ready to take responsibility, incur The trouble of searching for solutions and solutions to the deepening crises, and instead of apologizing for the worsening of the crises and the problems left by their policies, we find that they seek to repudiate and hold others responsible for their catastrophic mistakes.     

In most countries of the world, and although some of them do not possess important oil, gas, minerals or geographic wealth as for the Kurdistan region, the diagnosis and identification of deficiencies and deficiencies in government performance and executive institutions is one of the most important reasons behind identifying defects, progress, development, and correcting the performance of government institutions, and the ability To address economic and administrative problems, to find appropriate solutions to them by utilizing experts and stakeholders in a transparent manner to secure the lives and needs of citizens.  

The federal government cannot be absolved of its responsibilities to secure the salaries and budget of the people of Kurdistan, because it was assumed that, since years of serious work, legislation on the oil and gas law that is directly related to meeting citizens ’entitlements, charting the form and type of economic and political relationship between the regional government and the federal government, and formulating foundations for dealing and determining Rights and duties in the oil file, in a way that prevents negative repercussions of the living conditions of citizens.  

Dealing with these crises is important for the present and future of the region and the center, because the wealth that is now being unlawfully wasted outside the scope of the law is the property of the people, so it is necessary to dispose of it taking into account the interests of all components of the country, present and future.

After 28 years of ruling in the region, and despite the emergence of many crises and problems, instead of using the ruling authorities to extract and sell oil as a key factor in preserving the region’s position and status and ensuring the future of its future generations, it has, on the contrary, transformed oil recovery and sale in the markets The world has become a factor in squandering and wasting the region’s wealth and resources, cutting people's livelihood and putting citizens in the region under the burden of large debts and accumulated loans.       

Until the year 2014, the Kurdistan region was receiving its budget and financial dues from the federal government, as the Kurds had an important and effective role in shaping the country's policy and building its future, but some people sought to achieve more financial gains and concessions in the oil file, pushing it to adopt the policy of economic independence, and it came with Abdullah Abdullah, who is called "Ashti Hawrami" from London, on the recommendation of Barham Saleh, and they handed him the oil file without a watchdog or Hassib, without realizing that extracting, exporting and selling oil in our world now is not an easy thing, apart from being subject to many political, strategic and conflict considerations. Regional and international, it requires the return and consulting a group of experts, technicians and professionals, in addition to his need for legal and constitutional experts.    

Abdullah Abdullah "Ashti Hawrami", after consulting Barham Salih, took control and acquisition of the oil and gas file in the region, and he kept this vital and dangerous file in his bag, to be subsequently driven by personal and partisan interests, without regard to the Kurdistan Parliament and the federal government, signing dozens of Oil contracts brokered by some people, with the oil companies, some of which were unknown, in exchange for granting them large stakes and concessions what they dreamed of in the region's oil.

Rather than putting the Kurdistan region on the map of the oil-exporting countries accredited to the international community as he claimed, on the contrary, quite the opposite, caused the creation of countless problems and crises for the region, foremost among which is the spread of corruption and profit, the waste of the people and the control of foreign companies by the region’s wealth. And his land and the future of his generations, in addition to that he created a deep crisis between the Kurdistan region and the federal government, which was opposed to this policy and says that it will lead to wasting the region's oil, which is sold cheaply at preferential prices to several countries in the region. 

According to an official book issued by the Iraqi Prime Minister in the month of December 2007, signed by President Mam Jalal, and Prime Minister Nuri al-Maliki addressed to the President of the Kurdistan region, Masoud Barzani, asking Barzani to refrain from the oil policy adopted by the region’s government, which was made available to the Minister Natural resources in the provincial government, Ashti Hawrami, to sign dozens of oil contracts outside the law and the articles of the constitution, which the Iraqi people voted for, and also asked him in the letter to wait until the political forces and parties reach an agreement on a formula for approving the oil and gas law and ratifying it in the parliament, to put In turn, it is a legal framework for the nature of the oil relationship between the regional government and the federal government, and the space it can provide for the region to move in terms of the agreement and the signing of oil contracts, but the regional government is deliberate on false reports from Ashti Hawrami, who was driven by narrow private interests that continued his policy and signatureMore oil contracts. 

The alleged economic independence policy that Ashtai Hawrami was promoting was promoted in its allegations and prompted the federal government to stop sending the region’s share, which was then 17% of the total federal budget, which, along with the sharp drop in oil prices, put the region’s government in economic and financial stalemate, To be the people of Kurdistan and its citizens the first victim of that wrong policy that destroyed the economy of the region and shattered the wealth of its generations. 

Any country or government that respects its people, defines the law and its sovereignty in respect and claims democracy and transparency in managing the affairs of the country, should have a law regulating annual revenues and expenditures that explicitly reveals its expenditures, the size of debts and the bodies that borrowed from them, and how to dispose of the money that was borrowed, and that accountability and accountability The people, entities, and institutions that cause corruption and cause the government to bear the consequences of wrong policies that have contributed to the accumulation of debt and waste. 

In the Kurdistan region, unfortunately, the people and citizens and their representatives in the Parliament of the Kurdistan region, they are not aware of the size and details of the debts that have accumulated on the region's government, the reason behind borrowing and who is, in addition to not knowing the amount of revenue and the quantities of oil sale and the amounts obtained and the mechanism of distribution and disposal of them.

Rather than assuming the presidents of the previous and current governments of the region part of the responsibility and legal consequences of the errors and failed policies that they followed and led to the burden of citizens in the region burden of huge debts, which leads to the question about the situation in the region and when the alarm rings to fight corruption and eliminate favoritism and lack of transparency in Territory government.

What is happening is a great waste of public wealth, foremost of which is oil and gas, its distance from external interference and dictation, and the treatment of outstanding problems with the federal government in accordance with the constitution and laws, which have become urgent and cannot be postponed or condoned.

In addition, the elaboration of a well-thought-out program to address the dire political, economic, and administrative conditions of the Kurdistan region, in various aspects, and to adopt plans for reconstruction, fighting corruption, and unlawful privileges, cannot be done by the people who were behind the spread of corruption while they are still in power until now in a region Kurdistan.

 

https://www.pukmedia.com/AR_Direje.aspx?Jimare=144205

[Mary B]

Al-Kazemi also .. We will end harnessing people's wealth as double salaries or grants to groups such as (the detainees of Rafha)

 

Digital Media NRT

On Saturday, Prime Minister Mustafa Al-Kazemi reiterated his affirmation of continuing reforms, stopping waste of wealth and ending harnessing people's wealth as double salaries and grants to groups such as the Rafha detainees.

Al-Kazimi said in a tweet followed by "Digital Media NRT" today (June 20, 2020): "Iraq suffers from a chronic defect in the management of resources, exacerbated by the decline in the price of oil and the Corona pandemic ." 

He added, "Our reforms will achieve economic growth and financial efficiency, by stopping waste and ending harnessing people's wealth as double salaries and granting to groups (such as the detainees of Rafha), but not others." 

The Prime Minister, Mustafa Al-Kazemi, announced earlier today, Saturday, his intention not to back down from his decision to stop the double salaries and detainees of Rafha and other groups, to achieve justice, noting that there are many political auctions, but the opportunity is important to address the previous mistakes.

In a statement received by Digital Media NRT today (20 June 2020), Al-Kazemi’s media office said that during his visit to the Ministry of Oil, the Prime Minister said that he does not back down from financial and economic reform, and it is not a reaction, but rather a reform process of what has reached him The situation, "he added, noting that" there are those who are trying to disrupt, and we have a blank paper for reforms, and discussion is still ongoing. "

He continued, saying: "There is no retreat from stopping double salaries, and the detainees of Rafha and other groups to achieve justice, and what has been raised about the retreat of the state has no validity and the financial and economic reforms are continuing, and they are proceeding with our procedures."

"There are those who are trying to disrupt reforms, and there are a lot of political bids, but the opportunity is important to address past mistakes," Al-Kazemi said.

 

https://www.nrttv.com/Ar/News.aspx?id=27883&MapID=2

[Mary B]

Parliamentary Finance: The government has many solutions to increase state resources

2020-06-20 

 

On Saturday, the Parliamentary Finance Committee considered that the government has many solutions to increase state resources.

Parliamentary Finance said, according to the Iraqi News Agency, that "the government has a lot of solutions and steps that contribute to increasing the state's resources." Within a period not exceeding 60 days. "

 

For his part, the Minister of Finance presented Ali Abdul Amir Allawi During his hosting in the Parliamentary Finance Committee "a detailed explanation of the financial and economic reality that he is going through Iraq And the size of the budget deficit and the amount required within the borrowing law. "

 

Allawi stressed that "the paragraph added by the Finance Committee in the borrowing law regarding the government’s presentation of the economic and financial reform paper is very important and will work on it as quickly as possible."

 

https://www.alsumaria.tv/news/اقتصاد/349147/المالية-النيابية-الحكومة-لديها-الكثير-من-الحلول-لز

[Mary B]

Parliamentary Finance: Approval of a draft borrowing law that includes the release of salaries for new hires

Saturday 20, June 2020 

Baghdad / Nina / The Parliamentary Finance Committee announced that it approved approval of a draft borrowing law that allows the Ministry of Finance to release the salaries of new hires in the Ministry of Education, directorates, ministries and other institutions that issued ministerial orders appointing them.


The Parliamentary Finance Committee held a joint meeting today with the Minister of Finance Ali Allawi, in the presence of the First Deputy Speaker of the House of Representatives. / End 5

https://ninanews.com/Website/News/Details?key=839188

 

[nannab]

New hires is another good sign.

Thank you Mary B for the great articles.  

[screwball]

Collapse baby desperate talk desperate measures 

[Mary B]

Al-Tai: Baghdad and Erbil will enter new political problems because of the aliens

 21/06/2020

 

 

  

Information / private ..

Political analyst Sabah Al-Taei saw that Baghdad and Erbil will enter into new political problems and crises due to the region's lack of clarification of the actual numbers of employees, pointing out that Iraq suffers from the presence of aliens as they were not disclosed or solutions were found for the money wasted because of them.

Al-Tai said to / the information /, that "the financial crisis still exists between the center and the region, as Kurdistan did not hand over its money, but on the contrary, it demands Baghdad to hand over amounts it claims are debts under the authority of the capital."

He added that "Kurdistan's refusal to announce the real numbers of employees or the entry of auditors to its institutions is clear evidence of the presence of aliens in its territory."

And that "the coming days will witness a new political crisis despite Barzani's visit to Baghdad, but it may be overlooked by secret deals and agreements to settle matters and keep the situation as it is." 25 n ended

https://www.almaalomah.com/2020/06/21/480849/

[Mary B]

Fire of the Caesar Law devoured the economy of Iraq .. The first international report reveals the repercussions of the collapse of the Syrian pound and warns of a "crisis"

2020-06-21

Yassin Iraq: Follow-up

A new report by the World Bank revealed that the Syrian crisis that started in 2011 negatively affected the economies of the neighboring countries of this country in the Levant region such as Jordan, Iraq and Lebanon, which witnessed an increase in poverty and unemployment, in addition to deepening the debt ratio and the decline in the level of public services.

The report pointed out that the first victim of ten years of war in Syria is the Syrian people who have paid 380 thousand dead and millions of displaced people and refugees since 2011, but a report published by the World Bank on June 18 shed light on the repercussions of the Syrian crisis on the economies of the Levant countries Like Iraq, Lebanon and Jordan, which already suffer from multiple economic and social problems, such as unemployment, lack of investments and financial incomes.

"The impact of the Syrian conflict on the economies of Iraq, Jordan and Lebanon is much greater compared to similar situations across the world in recent years," said Saruj Kumar Jah, regional director of the Mashreq department at the World Bank.

The report showed that the Syrian conflict not only burdened the debts of the countries of the region, but also led to a decline in annual economic growth of 1.2% in Iraq, 1.6% in Jordan and 1.7% in Lebanon.

The negative impact of the Syrian crisis did not stop there, but also led to an increase in the unemployment rate by 7.1% in Lebanon, 6% in Iraq and 3.9% in Jordan. In addition to the deterioration of the labor market in the three countries, especially among the youth and women category.

The World Bank noted that “the weakness of social security networks and the lack of assistance provided by the governments of the region to their citizens have made

The report, which will be officially published on June 24 in the framework of the fourth Brussels meeting devoted to supporting the future of Syria and the region (to be held at the end of this month), showed that the Syrian conflict and the repression practiced by the Syrian regime led to the outbreak of the most serious refugee crisis since the Second World War .

UNHCR figures indicate that there are currently approximately 656,000 legal refugees on Jordanian territory, while in Lebanon this number reaches about 910,000 refugees, the majority of whom are from Syria. This places this country in the category of countries that receive the largest number of refugees compared to the number of indigenous people.

Although the increase in the population in Lebanon and Jordan led to a 0.9% rise in the gross domestic product in the two countries, it was offset on the other hand by a significant increase in the costs of public services provided to the population, such as health, transportation and energy.

 

https://yesiraq.com/نيران-قانون-قيصر-تلتهم-اقتصاد-العراق-أ/

[Mary B]

Sunday, June 21, 2020 

 

A deputy warns the government: Don't waste the port of Al-Faw for a "bunch of dollars"!

 

 

A deputy warns the government: Don't waste the port of Al-Faw for a "bunch of dollars"!

Representative Hassan Salem warned the government against neglecting the Al-Fao port and the dry canal for "a handful of Kuwaiti funds."

Salem said in a press statement: "The financial returns from the dry canal and the Fao port will equal one third of the oil and gas revenues today, and we will easily get rid of the misfortunes of the rentier economy and the accumulated debts, in addition to the vital role of the dry canal connecting the Persian Gulf and Europe from the Fao port , in the event that Their achievement. "

He added: "Kuwait is striving to connect the Mubarak port to the Iraqi dry channel, and this scheme will lead to the end of the Al-Faw port, taking advantage of the financial crisis in Iraq and giving Iraq some billions of fools from the donors conference."

Salem addressed the government by saying: "Do not waste the port of Al-Faw for the sake of a handful of Kuwaiti funds."

 

https://www.thebaghdadpost.com/ar/Story/197199/نائب-يحذر-الحكومة-اياكم-والتفريط-بميناء-الفاو-من-اجل-حفنة-من-الدولارات

[Mary B]

In the documents .. a deputy presents a proposal to Al-Kazemi regarding the solution of the salaries of the Kurdistan Region employees

2020-06-21 

 

 

 

On Sunday, Repoir Karim Mahmoud presented a proposal to Prime Minister Mustafa Al-Kazemi regarding the solution of the salaries of the Kurdistan Region employees.

Below is the text of the proposal:

 

https://www.alsumaria.tv/news/اقتصاد/349186/بالوثائق-نائب-يقدم-مقترحا-للكاظمي-بشأن-حل-رواتب-مو

[Mary B]

The president of the region intends to resolve outstanding issues with the federal government

 

 

 JUNE 21ST, 2020

 COMMENTSTHE PRESIDENT OF THE REGION INTENDS TO RESOLVE OUTSTANDING ISSUES WITH THE FEDERAL GOVERNMENT CLOSED

 

 

 

In conjunction with demands to establish the province of Sulaymaniyah

Sulaymaniyah - the new morning - Abbas Arkouzi

The President of Kurdistan Region, Nechirvan Barzani, arrived at the head of a high-level delegation to the capital, Baghdad, as part of a new round of talks between the federal government and the regional government.

A government source familiar with the new morning confirmed that the region’s president’s visit to Baghdad comes as part of a new round of talks with Prime Minister Mustafa Al-Kazemi, in the framework of the region’s government’s efforts to reach an agreement on the oil, budget and salaries file.

The three presidencies in the region were to hold a meeting to discuss the economic conditions and the financial crisis facing the region in light of the Corona virus outbreak, which led to the loss of a large part of its internal resources, in addition to lower oil prices, but the meeting was postponed pending the outcome of Barzani's visit To Baghdad.

Meanwhile, politicians and members of the provincial council demanded the establishment of the Sulaymaniyah region, in addition to the province of Erbil, considering this a constitutional requirement aimed at normalizing the relationship with Baghdad and ensuring the salaries and allocations of the province.

A member of the Sulaymaniyah Provincial Council for the National Union bloc, Ricot Zaki, added that, along with his friends in the Provincial and Governorates Committee, we consulted more than 70 administrative officials and 15 consultants specialized in the legal, administrative, and economic fields and devoted more than forty hours to work within the framework of achieving administrative decentralization.

He stressed that the Sulaymaniyah Governorate has the right to rely on Article 119 of the Iraqi constitution to establish a region of its own and to be an independent region alongside Erbil, indicating that this does not contradict the laws and is a legitimate requirement to ensure that the province's resources and revenues reach those who are entitled to employees and other segments. 

He added in a statement followed by the new morning, “After nearly three decades of failed rule, we demand the adoption of a new mechanism and a new form for the management of these governorates, including the establishment of a new region for the Sulaymaniyah Governorate, which will have a new administration governing the region in accordance with modern modern mechanisms.”

He pointed out that the Sulaymaniyah region can, in light of the economic crisis facing the region and its inability to reach an agreement with Baghdad, to reach an agreement with Baghdad to hand over resources and guarantee to its citizens the salaries and benefits, and end a decade of tension and difference between Baghdad and the region.

It is noteworthy that the demands to establish the Sulaymaniyah region have emerged in recent years that have received the support of academic and party personalities in the region, driven by the hegemony and uniqueness of some parties in the oil file and the lack of transparency in recovering and distributing its revenues equally across the provinces of the region.

 

http://newsabah.com/newspaper/240776

[Mary B]

Parliamentary Finance reveals the details of its meeting with the Minister of Finance

 21/06/2020

 

  

Information / Baghdad ..
Member of the Parliamentary Finance Committee in the House of Representatives Haneen Al-Qudu revealed, Sunday, the most important discussion that took place during the hosting of the committee, Minister of Finance Muhammad Allawi, indicating that the meeting was attended by the First Deputy Speaker of Parliament Hassan Al-Kaabi.
Al-Kiddu said in a statement to "Information", that "the meeting of the Parliamentary Finance Committee with the Minister of Finance Muhammad Allawi was agreed on the legislation of the internal and external loans," noting that "the two sides agreed to stipulate that the new internal and external loan law be parallel to the established lending law."
He added that "it was agreed to find ways to address the appointees at the Ministry of Education and that the government should bear the payment of their salaries, in addition to cooperation between the committee and the Ministry of Finance by submitting a reform paper in order to legislate the law on internal and external loans and diversify the state's resources."
Al-Kiddu pointed out that "the deficit in the budget for the current year amounted to 40 trillion, five of which are internal loans and 35 external." Ended in / 25 pm

 

https://www.almaalomah.com/2020/06/21/480879/

[Mary B]

The government reduces the estimated price of oil to $ 30 and cancels the 2020 budget

 21/06/2020

 

  

Information / Baghdad ..
A parliamentary source revealed, on Monday, the government's intention to cancel the budget of 2020 and reduce the price of speculative oil to bridge the budget deficit and pay salaries, indicating that the Minister of Finance promised to comply with the affairs of the state by law 1/12 and internal and external borrowing.
The source said in a statement to the "information" that "the Parliamentary Finance Committee met with economic figures and officials, the last of which was the Minister of Finance Ali Allawi on the general financial crisis in the country."
He added that "Allawi stressed the futility of setting a budget for the current year, since the remainder of the year is 5 months. A law and feasibility study will be drafted during the remaining two months, meaning that the general budget will be for a period of three months, which is beneficial."
He explained, "The government will continue to spend money and salaries through the State Administration Law 1/12, but it reduced speculative oil prices to 30 dollars instead of 56 dollars last year, as well as relying on the external and internal borrowing law to provide money and bridge the deficit." Finished / 25 d

 

https://www.almaalomah.com/2020/06/21/480887/

[Mary B]

Find out the exchange rates of the dollar in the Iraqi markets for Sunday

2020-06-21 

 

The exchange rates of the dollar stabilized on the Kifah Stock Exchange and local markets, Sunday (June 21, 2020).

The prices of the Kifah Stock Exchange - Baghdad recorded 1244.000 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.

 

https://www.alsumaria.tv/news/اقتصاد/349190/تعرف-على-اسعار-صرف-الدولار-بالأسواق-العراقية-لليو?src=rss&utm_campaign=rss&utm_source=Rss-articles&utm_term=Rss&utm_medium=Rss-349190

[Mary B]

Al-Kazemi, salaries and corruption ..!

 Sunday, June 21, 2020

 

 

Written by / Salim Al-Hassani

Anger and denunciation covered the political scene in the matter of the salaries of a segment of the prisoners, which turned into an issue called (the salary of Al-Rafhawy). Although the issue is greater than that, it extends to the owners of multiple salaries, but the title (Rafha) was most prominent due to its association with the popular uprising against the Saddam regime in 1991, and the brutal suppression of its revolutionaries, leaving hundreds of mass graves as a witness to that oppressed revolution.

I do not want to limit the financial problem and the suffering of the Iraqis to the issue of salaries, as there is the greatest dimension that must be stopped, and which should be made by the Prime Minister his first stop. It is common corruption in Iraq, in its ministries and departments. Corruption that paints the faces of senior officials, political blocs, representatives, and presidencies.

The multiplicity of salaries is a small aspect of corruption, but its real aspect is the great corruption. This is what destroys the state, destroys its economy and spreads poverty in cities and villages.

The citizen cannot be persuaded that the measures begin from marginal areas, while postponing work with the poles of theft and their prominent and prominent columns in the green zone and the provinces and the Kurdistan region.

Combating corruption and exposing corrupt people does not need exceptional efforts, and whoever says this is delusional, weak or concealed from corruption. These are the corrupt, they move, meet, meet, shout and lie. The names are clear, deals are known, and evidence is available in the Integrity Commission, the judiciary, and in the ministries and institutions rooms. And if some files are burned, field evidence screams around the clock corruption in fake projects.

Quick visits by Mr. Al-Kazemi to ministries and institutions, are sufficient to make him come out with huge piles of cases of theft, bribery and corrupt deals.

It will not be acceptable for the Prime Minister to delay fighting corruption one day, because this means that millions of poor people will be given an extra day of hunger.

The citizen has the right to rush the time, because poverty, destitution and the concerns of living are not measured by days, but there is a definite unit of unity, which is the tear of the deprived child. Is the father and mother waiting an extra day to cry on hunger?

Unless the citizen finds corrupt officials before him, who have been exposed and recovered, they have the right to place the Prime Minister in the circle of accusation and suspicion. And with him, I will encourage him and invite him to move from the accusation to condemning the Prime Minister.

 

http://www.skypressiq.net/2020/6/21/الكاظمي-والرواتب-والفساد

[Mary B]

British BP provides 200,000 dollars in aid to health personnel in Basra

 

A worker in an oil field in Basra. Reuters

Economy News - Baghdad Basra Oil Company announced, on Sunday, the provision of medical and preventive supplies for health personnel working in the Sports City hotels, with funding from the British company BP, worth $ 200,000.

Date added 06/21/2020   http://economy-news.net/content.php?id=20787

[Mary B]

The government is moving to cancel the 2020 budget and reduce the estimated price of oil to $ 30

 

 

Sunday, June 21, 2020 

 

A parliamentary source revealed, today, the government's intention to cancel the budget of 2020 and reduce the price of speculative oil to bridge the budget deficit and pay salaries, indicating that the Minister of Finance promised to conduct the affairs of the state by law 1/12 and internal and external borrowing.
The source said in a statement that "the Parliamentary Finance Committee met with economic personalities and responsible, the last of which was the Minister of Finance Ali Allawi on the general financial crisis in the country."
He added that "Allawi stressed the futility of setting a budget for the current year, since the remainder of the year is 5 months. A law and feasibility study will be drafted during the remaining two months, meaning that the general budget will be for a period of three months, which is beneficial."
He explained, "The government will continue to spend money and salaries through the State Administration Law 1/12, but it reduced speculative oil prices to 30 dollars instead of 56 dollars last year, as well as relying on the external and internal borrowing law to provide money and bridge the deficit."

 

https://www.thebaghdadpost.com/ar/Story/197231/الحكومة-تتجه-لإلغاء-موازنة-2020-و-تخفض-السعر-التخميني-للنفط-إلى-30-دولارا

[Mary B]

In the documents .. a deputy presents a proposal to Al-Kazemi regarding the solution of the salaries of the Kurdistan Region employees

2020-06-21

 

On Sunday, Repoir Karim Mahmoud presented a proposal to Prime Minister Mustafa Al-Kazemi regarding the solution of the salaries of the Kurdistan Region employees.

 

https://www.alsumaria.tv/news/اقتصاد/349186/بالوثائق-نائب-يقدم-مقترحا-للكاظمي-بشأن-حل-رواتب-مو

[Mary B]

Al-Attar warns of the collapse of the private sector and calls for its rescue

21/06/2020

 

 

 

 

Baghdad - Mawazine News, a
member of the Iraqi Economic Council, Ghadeer Al-Attar, warned of the danger of the private sector’s collapse rapidly, calling on the Iraqi government to seriously contribute to supporting the vital sector and saving it quickly.
Al-Attar said in a press statement today that "the Iraqi private sector companies are currently suffering from suffocating crises due to the Corona pandemic that struck all the joints of those companies' work, which caused great financial losses as well as psychological anxiety and fear among the employees of these companies and their managers because of the spread of the epidemic."
Al-Attar pointed out that "the need for the Iraqi government to adopt a new policy to support private sector companies in financial financing, as happened in the countries of France, Britain, Germany, the Emirates and Qatar, in order to rebuild itself, as these companies are an effective and essential contributor to the Iraqi economy, in addition to that they also contribute directly to absorbing unemployment. Because of their record employment rates. "
Al-Attar indicated that "private sector companies, including car trading, tourism, contracting, construction, and other companies, have proven successful experience and growing capacity in cooperation with the public and mixed sectors, and after 2003 and until the present day, the private sector was the strongest present within the national economy." End 29

 

 

 

https://www.mawazin.net/Details.aspx?jimare=106228

[Mary B]

 

The three presidencies in the Kurdistan Region meet to issue a final decision on salaries

 

Kurdish womenMeetingThe three presidenciesKurdistan Region

 

 

The three presidencies in the Kurdistan Region meet to issue a final decision on salaries

 

 06/2020 2020 

 

Shafaq News / The three presidencies are scheduled to be held in the Kurdistan Region on Monday, meeting to issue a final decision on salaries and financial dues for employees and workers in the public sector.

The Minister of Labor and Social Affairs of the province, Kohistan Muhammad, told reporters today that the three presidencies represented by the region's presidency, parliament and government are meeting tomorrow to issue a final position on the fate of salaries.

And cut the previous federal government headed by Adel Abdul-Mahdi funding for the salaries of employees and workers in the public sector in the Kurdistan Region, which caused a crisis in light of the spread of the Corona virus and the decline in oil prices in global markets and the halt of international trade and the closure of border crossings.

And the Kurdistan Regional Government seeks through negotiations with the current Iraqi government headed by Prime Minister Mustafa Al-Kazemi to resolve disputes and outstanding issues, especially with regard to the issue of salaries and the export of oil.

 

https://www.shafaaq.com/ar/كوردســتانيات/الرئاسات-الثلاث-في-اقليم-كوردستان-تجتمع-لإصدار-قرار-نهائي-حول-الرواتب/

[Mary B]

The Arab Parliament rejects and condemns the attack on the sovereignty of Iraq

21/06/2020

 

  

Information / Baghdad

On Sunday, the Arab Parliament rejected and condemned the violation and aggression against Iraqi sovereignty.

The Media Office of the President of the Parliament, in a statement received / information /, stated that “Speaker of Parliament Mohamed Al-Halbousi received a phone call from Arab Parliament Speaker Meshaal bin Fahim Al-Salami, where during the call the speaker of the Arab Parliament expressed the position of the president and members of the rejected parliament and condemned the attacks on sovereignty Iraq , which is inconsistent with international laws and norms, and threatens regional security and stability. ”

Al-Salami indicated that the Arab Parliament expresses its full support for Iraq, stressing the preservation of Iraq’s sovereignty and its full support for its people. 25 h finished

 

https://www.almaalomah.com/2020/06/21/481014/

[Mary B]

Deputy reveals the goal of the Turkish incursion and confirms: Talk about returning to the Treaty of Lausanne raises fears

21/06/2020

 

 

 

 

Special- Mawazine News
, the independent representative of the Shabak quota within Al-Fath Qusay Abbas revealed, on Sunday, the goal of the Turkish operation in northern Iraq, while noting that the Turkish politicians ’talk about returning to the Treaty of Lausanne raises concerns.
Abbas said in an interview with "Mawazine News" that "the incursion of the Turkish forces and their bombing of the border villages is not a new matter. Its forces from the border guards of the region and the Peshmerga maintain its borders towards Turkey. "
He added, "The Turkish presence through its widespread camps and repeated incursions that use the presence of the Labor Party as an excuse for intervention coincides with statements by politicians left about a new Turkish map and a return to the Treaty of Lausanne raises fears and doubts." Iraq. "Ended 29 / h

 

https://www.mawazin.net/Details.aspx?jimare=106315