Deputy: Iraq loses daily 147 million dollars in hard currency due to the currency auction

[Mary B]

Deputy: Iraq loses daily 147 million dollars in hard currency due to the currency auction

2020-06-22

 

 

 

Member of the Parliamentary Finance Committee, Muhammad Sahib al-Darraji, affirmed that Iraq loses $ 147 million in daily hard currency due to the currency auction.

In a tweet followed by Alsumaria News, Darraji said, "In one day, the currency selling window sells 207 million dollars, and the average daily oil sales is 60 million dollars, according to the price of 40 dollars, after a quality discount of six dollars, in addition to the production value of nine dollars and an export rate of 2.4 Million barrels a day. "

 

He explained, "If the difference between the dollar entering the country and abroad to import it is 147 million dollars in one day," noting that "if this situation continues, it means 53 billion dollars a year."

 

https://www.alsumaria.tv/news/اقتصاد/349288/نائب-العراق-يفقد-يوميا-147-مليون-دولار-من-العملة-ا?src=rss&utm_campaign=rss&utm_source=Rss-articles&utm_term=Rss&utm_medium=Rss-349288

[Mary B]

High dollar exchange rate on the local stock exchange

Monday 22, June 2020

Baghdad / Nina / The exchange rates of the dollar rose today, Monday, against the Iraqi dinar in the local market.

Where the price of selling the dollar on the stock market and other exchanges: 124 thousand and 750 dinars per 100 dollars.

As for the purchase price of the dollar, it recorded 120 thousand and 750 dinars per 100 dollars. / Ended 8

https://ninanews.com/Website/News/Details?Key=839551

[Mary B]

Parliament: Iraq loses $ 147 million a day in hard currency

22/06/2020

 

 

 

 

Baghdad - Mawazine News
, the representative of the Parliamentary Finance Committee, Muhammad Sahib al-Darraji, revealed on Monday that Iraq lost 147 million dollars a day in hard currency.
Daraji said in a tweet to him via "Twitter": It is that "in one day, the currency sale window sells 207 million dollars, and the average daily oil sales is 60 million dollars, according to the price of 40 dollars, after the quality discount is six dollars, in addition to the value of production nine dollars and the rate of export 2," 4 million barrels per day. "
And he added: "If the difference between the dollar entering the country and abroad to import it is 147 million dollars in one day," noting that "if this situation continues, it means 53 billion dollars a year." End 29 / A 43

 

https://www.mawazin.net/Details.aspx?jimare=106388

[Mary B]

Bank of America raises its forecast for oil prices

 22/06/2020

 

  

Information / Baghdad ..
Bank of America raised its forecast for oil prices in 2020 and 2021, as it raised its forecast for Brent crude for the current year from $ 37 a barrel to $ 43.70 a barrel.
He also raised his forecast for "West Texas Intermediate" to $ 39.70 a barrel from $ 32.
For the year 2021, the American bank raised its forecast for Brent crude in 2021 to $ 50 and West Texas Intermediate crude to $ 47 a barrel.
He raised his forecast for Brent crude in 2022 to $ 55 a barrel from $ 50, and West Texas Intermediate crude to $ 50 a barrel.
The bank said that "its positive vision reflects a faster path to recovery in demand, and significant global cuts to capital spending and the strength of the (OPEC +) alliance." Ended / 25

 

https://www.almaalomah.com/2020/06/22/481134/

[Mary B]

Deputy: Governmental green light to accelerate investment in the largest gas fields in Iraq

 06/22/2020

 

  

Information / Baghdad
Member of Parliament Abdul Khaleq Al-Azzawi revealed on Monday a government green light to accelerate the pace of investment in the largest gas fields in Iraq .
Al-Azzawi said in a statement to "Information", that "Al-Mansouriya Ghazi fields in the far east of Diyala is one of the largest and most important gas fields in Iraq because of its large reserves in addition to its strategic location near Baghdad, which constitutes an important point in the possibility of extending all the gas stations to generate electric power." .
Al-Azzawi added, “Government orders representing a green light were issued in order to accelerate the pace of investment in the Mansuriyya fields and start actual production due to the importance of gas as a wealth no less important than crude oil, especially since the level of demand to buy it in international markets is very high in addition to that it will reduce the import of gas and ensure Providing more hard currencies to the country’s treasury. ”
Al-Azzawi expected that "the coming months will witness good results in the field of Mansuriya gas investment and push it to actual production, especially as the Mansuriya gas station that produces approximately 700 megawatts will be the first beneficiary of Iraqi gas to support the national energy organization."
The Mansuriyah gas fields are among the most important and largest Iraqi fields, which are located in the far east of Diyala and consist of several wells that were discovered decades ago and did not come into actual production due to many factors. Ended / 25

 

https://www.almaalomah.com/2020/06/22/481130/

[Mary B]

Parliament: Iraq loses $ 147 million a day in hard currency

 22/06/2020

 

 

 

 

Baghdad - Mawazine News
, the representative of the Parliamentary Finance Committee, Muhammad Sahib al-Darraji, revealed on Monday that Iraq lost 147 million dollars a day in hard currency.
Daraji said in a tweet to him via "Twitter": It is that "in one day, the currency sale window sells 207 million dollars, and the average daily oil sales is 60 million dollars, according to the price of 40 dollars, after the quality discount is six dollars, in addition to the value of production nine dollars and the rate of export 2," 4 million barrels per day. "
And he added: "If the difference between the dollar entering the country and abroad to import it is 147 million dollars in one day," noting that "if this situation continues, it means 53 billion dollars a year." End 29 / A 43

 

https://www.mawazin.net/Details.aspx?jimare=106388

[Mary B]

The Iraqi financial market closed down (0.10%) from the previous session

 Time: 06/22/2020 

 

 

  

{Baghdad: Al Furat News} The Iraqi Stock Exchange closed Monday, down (0.10%) from the previous session.

The indicators of trading the Iraq Stock Exchange for this day are as follows:

1. The number of shares traded (826,628,776) shares.
2. The value of shares amounted to (574,977,960) dinars.
3. The ISX 60 price index closed at today's session at (430.83) points, down (0.10%) from its closing in the previous session of (431.25) points.
4. Trading the shares of (21) companies out of (104) companies listed on the market.
5. The number of companies suspended by a decision of the Securities Commission for not complying with the financial disclosure instructions is (22) companies.
6. The number of shares purchased from non-Iraqi investors in the regular market reached (371) million shares, at a value of (121) million dinars, through the implementation of (39) transactions on the shares of three companies.
7. The number of shares sold by non-Iraqi investors in the regular market reached (20) million shares, at a value of (18) million dinars, through the implementation of (10) transactions on the shares of three companies. is over

Mohammed Al-Marsoumi

 

https://alforatnews.com/news/سوق-العراق-المالي-يغلق-منخفضا-بنسبة-0-10-عن-الجلسة-السابقة

[Mary B]

 

The Iraqi government is turning to domestic borrowing to secure June salaries and avoids savings

 

The Iraqi g
The Iraqi government is turning to domestic borrowing to secure June salaries and avoids savingsovernment is turning to domestic borrowing to secure June salaries and avoids savings

 

 06/22/2020

 

Shafaq News / Parliamentary Finance Committee revealed, on Monday, that the Iraqi government went to the central bank to secure employee salaries for the month of June.

Iraq suffers from a severe financial crisis, caused by the collapse of oil prices in global markets

Iraq relies, which is the second largest oil exporter in the Organization  of " OPEC " , on the sale of crude revenues to finance about  95  percent of state spending.

"The government does not have the cash to pay the salaries of the employees, and it will go to local borrowing to secure the salaries, as it did last May," committee member Jamal Couger told Shafaq News.

He added that "the government will go to borrowing from the Central Bank of Iraq to provide financial liquidity and secure employee salaries for the month of June, which exceeded five trillion dinars per month."

Cougar noted, "The government is not ready to open an opposition front of employees in the event of saving, deduction or delaying their salaries."

Parliament held a preliminary discussion of the draft domestic and foreign borrowing law, to finance the fiscal deficit during the current year.

 

https://www.shafaaq.com/ar/اقتصـاد/الحكومة-العراقية-تتجه-للإقتراض-الداخلي-لتأمين-رواتب-حزيران-وتتجنب-الإدخار/

[Mary B]

Deputy: A number of MPs recovered from Corona and on Wednesday we will vote on the borrowing law

 6/22/2020

 

The information / Baghdad ..

MP Amjad Al-Uqabi confirmed, on Monday, that a number of members of Parliament were infected with Corona virus, but they recovered, indicating that this week will witness a vote on the borrowing law.

Al-Aqabi told Al-Maaluma that "a number of members of the legislature have recovered from Corona after contracting the virus during the past few days." Without disclosing their names.

He added, "Next Wednesday will witness a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions." 15 k is over

 

https://www.almaalomah.com/2020/06/22/481165/

 

 

[Mary B]

Al-Kazemi: Mismanagement and absolute dependence on oil revenues have brought us to the current / expanded situation

Monday 22, June 2020 

Baghdad / Nina / Prime Minister Mustafa Al-Kazemi confirmed that his government has prepared a white paper for the expected reforms, and has taken preliminary recommendations for discussion before proceeding with it, indicating the need for complementarity between the government and the parliament to support these reforms.

Al-Kazemi indicated during a joint meeting with the chairman and members of the Parliamentary Committee on Economy and Investment, during which the white paper prepared by the Council of Ministers was discussed, and includes economic, financial and administrative reforms, plans and strategies to meet the challenges, to the importance of the current stage witnessing more cooperation between the executive and legislative branches, in a manner that leads To serve the citizen and achieve the general interest of the country, and overcome the challenges it faces,

Al-Kazemi added, "Mismanagement and absolute dependence on oil revenues is what brought us to the situation we are witnessing, and we seek to address it by working to activate the sectors of agriculture, industry, tourism, investment, and others to maximize the country's imports," stressing his keenness to hold continuous meetings with the parliamentary committees. The deputies did not positively reflect on the progress of the situation in Iraq. / End 5

https://ninanews.com/Website/News/Details?Key=839621

 

[jcav]

I didn't want to get more frustrated so I didn't read this whole thread.  With that said, if the country is losing so much money from the auctions then they need to be FREAKING STOPPED!!!

[horsesoldier]

.... and yet the auctions continue: how many years have they been speaking to the issue of LOSING MONEY 💰 

[nannab]

FORRRR  EVVV  RRRRRRRRRRRRRRRRR   

 

3 hours ago, horsesoldier said:

.... and yet the auctions continue: how many years have they been speaking to the issue of LOSING MONEY 💰 

 

[Mary B]

Monday, June 22, 2020 

 

Karbouli: Al-Kazemi must take responsibility for the outbreak and the loss of innocent lives

 

 

 

Muhammad Karbouli, a member of the Parliamentary Security and Defense Committee, considered that the increasing number of corona injuries in prisons is the responsibility of Prime Minister Mustafa Al-Kazemi.

Al-Karbouli said in a tweet on his account on “Twitter”: “Between the increasing incidence of HIV in prisons, corrections and the positions of travel, and the denial of the ministries of justice and the interior, the fate of prisoners and detainees remains“ unknown.

”He added:“ Al-Kazemi must bear the responsibility for the spread of the epidemic and the loss of innocent lives. ".

 

https://www.thebaghdadpost.com/ar/Story/197308/الكربولي-على-الكاظمي-تحمل-مسؤولية-تفشي-الوباء-وإزهاق-أرواح-الأبرياء

[Mary B]

Tuesday's newspapers are concerned with Cabinet orders to stop the double salaries and entitlements of the Rafha detainees, and to limit them to a person

Tuesday 23, June 2020 

Baghdad / Nina / Newspapers issued today, Tuesday, the twenty-third of June, paid attention to the orders of the Council of Ministers to stop the double salaries and dues of the detainees of Rafha, and limit them to one person.


Al-Zawraa newspaper, issued by the Press Syndicate, said that the cabinet issued yesterday, Monday, the official orders to stop the double salaries and dues of the Rafha detainees, and to limit them to one person.
According to official documents issued by the Council of Ministers, official orders were issued to stop the double salaries and entitlements of the Rafha detainees, and to limit them to only one person, not to exceed one million dinars, and to be inside Iraq and head of a family, and he has no salary from the state.
And the text of Cabinet Resolution No. (27) for the year 2020 in its fifth regular session, held on 9/6/2020, reads as follows:
1. The financing of the Rafah detainees' dues shall be in accordance with what is stipulated in Law: (35 of 2013), provided that the maximum amount of the dues does not exceed (1,000,000) dinars, only one million dinars per month, if the following conditions are met:
a. The detainee must be currently residing in Iraq.
B. The detainee is currently the head of the family, and the exchange is for the head of the family only, and it is not spent for the rest of his family.
A. Those who do not receive a salary from the state, a pension, a pension, or any other income from the state.
Dr.. The recipient is responsible for receiving the salaries other than paragraphs (a, b, c) above, and the original procedures will be taken against him.
2. The Political Prisoners Corporation shall ensure that the aforementioned conditions are met.
3. In the aforementioned, the financing of pension salaries and any financial entitlements stipulated for the detainees of Rafha stipulated in the Political Prisoners Law: (4 of 2006) as amended by Law: (35 for the year 2013) and for further notice shall be suspended.
4. Confirmation of the implementation of Article (10) of Law: (26 of 2019) Law of the First Amendment of the Unified Retirement Law: 9 of 2014 regarding the abolition of all legal texts that allow the combination of two or more salaries except for the categories mentioned in the above.



Al-Sabah newspaper was interested in the discussion of the Prime Minister, Mustafa Al-Kazemi, during his meeting yesterday with the Parliamentary Committee on Economy and Investment, the "white paper" prepared by the Council of Ministers, which included economic, financial and administrative reforms, plans and strategies to meet the challenges facing the country.

The newspaper said that Al-Kazemi’s presentation of the reform paper coincided with the issuance of official orders to stop double salaries and the dues of the detainees of Rafha, and limit them to only one person, whose salary does not exceed one million dinars, and that he be inside Iraq and head of a family, and he has no salary from the state.
A statement to the Prime Minister’s Office stated that “Al-Kazimy held a meeting yesterday with the Chairman and members of the Parliamentary Committee on Economy and Investment, during which the white paper prepared by the Council of Ministers was discussed, and includes economic, financial and administrative reforms, plans and strategies ..
Al-Kazemi listened to the proposals and views of the members of the Parliamentary Committee, Regarding the proposed solutions and obstacles facing the process of advancing the Iraqi economy and activating the various sectors.

Al-Kazemi stressed, according to the statement, the importance of the current stage witnessing more cooperation between the executive and legislative branches, indicating his keenness to hold continuous meetings with the parliamentary committees and representatives.

The Prime Minister stated that his government prepared a white paper for the expected reforms, and made preliminary recommendations that are being discussed before going forward, indicating the need for complementarity between the government and the parliament to support these reforms.

In addition, Al-Kazemi chaired a meeting of the Supreme Population Council, in the presence of a number of ministers, heads and officials of the bodies and departments concerned.
The council discussed, according to another statement, the general census of the population and housing, and preparatory work for it.

The Prime Minister clarified the administrative and planning importance of having an integrated population census within a general population and housing census, stressing that the census is the basis for any development that looks forward with confidence to the future, noting that the conditions and challenges facing Iraq today require us to proceed with confident and strong measures to overcome The repercussions of the Corona pandemic crisis, and the accumulated remnants of mismanagement.

Al-Zaman newspaper focused on the topic of the Baghdad and Erbil discussions and said that the President of the Kurdistan Regional Government, Masroor Al-Barazani, supervised a special meeting on the discussions with the Federal Government, with the participation of Deputy Prime Minister Qubad Talabani, via closed-circuit television.

A statement said that during the meeting in which members of the negotiating delegation participated, discussions were held on the latest results of the talks and ways to resolve the outstanding problems with the federal government in accordance with the constitution, with the aim of reaching an agreement that guarantees securing constitutional rights and entitlements for the region. . The

head of the Government of the Territory during the meeting ( are ready to solve all the problems with Baghdad radically and fulfill what we have obligations in exchange for securing our rights and constitutional sums, and to reach a comprehensive agreement that satisfies both parties and sets out the rights and obligations of each) . He pointed

out that ( the resolution of the problems between the two sides in the interest of all Iraqi citizens, which is an important factor for the restoration of stability in the region). It was decided at the meeting to send a high-level delegation to Baghdad headed by Deputy Prime Minister Talabani today, Tuesday.
And the Kurdistan Regional Council of Ministers headed by Barzani held a special session through the video conferencing system with the participation of Deputy Prime Minister Qubad Talabani.
A statement yesterday said that (the meeting started with highlighting the current financial situation and the government's relentless efforts to secure salaries In the region, in continuation of the series of meetings held by the Council of Ministers with the aim of securing financial dues for all who receive income from the government and those who receive salaries, by studying all the possibilities and opportunities, including It fits the current revenues of Finance and economy Ministry under the clear shortfall in expenditure and financial receivables as a result of delayed sending part of the region 's share by the federal government in addition to the financial and economic consequences of an outbreak of Corona virus and the decline in

oil prices) ./ ended

https://ninanews.com/Website/News/Details?Key=839708

[Mary B]

An American general talks about an important "component" within the Iraqi forces ... What is his role in the ISIS war?

 

Iraqi army forces

Photo: Archive

 

37 minutes ago

 

 

Digital Media NRT

The Commander of the US Army Central Command, General Kenneth McKenzie, confirmed that the Iraqi army’s situation is now good enough to fight the remaining ISIS militants, noting that the Iraqi security forces have made great strides towards that .

 "The Iraqi army must be good enough to end ISIS. It needs to be qualified enough to achieve stability and security in Iraq ... According to my conviction, Iraq has made great strides towards this goal . "

He added that "ISIS militants still pose a threat to Iraq even after the collapse of the organization in Iraq and Syria, and the Iraqi army has more than 250,000 soldiers trained by the US-led international coalition as well as NATO, and they are sufficiently qualified to fight ISIS effectively . "

He added, "There is an important component of the Iraqi army, which is the anti-terrorist agency with which the American forces are working, in addition to assigning it to the rest of the main army."

He explained that "because of this progress, the United States was able to reduce a portion of its forces in Iraq that are present to support the Iraqi army," as the United States has approximately 5,200 soldiers deployed in Iraq as part of the international coalition force against ISIS .

He said McKenzie, said that " the continued presence of the US in Iraq is something that is required for the operations for the fight against terrorism , which is something that is supported by the Iraqi government " .

The commander of the Central Command indicated that he did not believe that the American forces would withdraw completely from Iraq , saying, "I do not know how many forces will remain, but there is no tendency on the Iraqi side for a hasty withdrawal of American forces, ISIS is still a threat, they do not want He did this because they know that we will continue to provide a good support to them in continuing their operations against the militant organization. There is work that is not yet complete and we are working to help implement it . "

Regarding targeting American forces, General MacKenzie said that he began noticing a recent increase in missile attacks against bases that include American forces in the country by armed factions loyal to Iran, including the Taji base, but he did not see any impact . He added, "We will not leave the region under pressure." Iranian . "

He added, "The reduction of the number of forces under discussion and an agreement will be reached through negotiations with the Iraqi government. We are in the process of restructuring the number of forces there. The size of the forces will shrink after it was huge. Iran wants to bring out the complete forces, and this will irritate them a lot ."

And he stated, "Whatever the number of troops will be, it will depend on the conditions in Iraq and what the Iraqi government requires of us." He added, "But I do not think that this number will be zero ."

According to the US military official, further details are expected to be negotiated at a later meeting scheduled for next July in Washington .

Earlier, spokesman for the International Alliance, Colonel Miles Caggins, stated that the missile attacks on the bases distracted the coalition forces from the mission entrusted to them, which was to pursue ISIS , stating that "these attacks constitute a real threat and we take them very seriously ."

According to the information of the international coalition, 21 attacks were counted during the year 2019 with indirect fire at the coalition’s bases, which included about 107 missiles, while during the year 2020 and until the end of last week, 26 rocket attacks occurred, 7 of them in the month of June .

 

https://www.nrttv.com/Ar/News.aspx?id=28057&MapID=2

[Mary B]

Tuesday, June 23, 2020 

 

Parliamentary Finance: Iraq loses $ 147 million a day due to the currency auction

 

 

Parliamentary Finance: Iraq loses $ 147 million a day due to the currency auction

Member of the Parliamentary Finance Committee, Muhammad Sahib al-Darraji, affirmed that Iraq loses $ 147 million of hard currency daily due to the currency auction.

Daraji said in a tweet on Twitter: “In one day, the currency selling window sells 207 million dollars, and the average daily oil sales is 60 million dollars, according to the price of 40 dollars, after the quality discount is six dollars, in addition to the production value nine dollars and the export rate 2 4 million barrels per day. "

he said," the difference between the dollar inside the country and abroad for the import of it is $ 147 million in one day .. and the continuation of this situation means $ 53 billion a year. "

https://www.thebaghdadpost.com/ar/Story/197320/المالية-النيابية-العراق-يفقد-147-مليون-دولار-يوميا-بسبب-مزاد-العملة

 

[Mary B]

Contrary to the government's accounts .. Parliamentary Finance: Our information confirms the existence of 3 trillion treasury 

23/06/2020

 

  

The information / Baghdad ..

Member of Parliamentary Finance Committee Haneen Al-Qaddou revealed, on Tuesday, that there are three trillion dinars left by Prime Minister Adel Abdul Mahdi at the state treasury upon his departure from the post, while he confirmed that Prime Minister Mustafa Al-Kazemi revealed during his visit to Mosul that one of the state institutions has three billion dollars and this number is shocking .

Al-Kiddo said in a statement to "Information", that "inconsistency of information regarding the money left by the government of Adel Abdul Mahdi with the state treasury has become a concern for all, and those interested and the public opinion must be disclosed with the correct number and with all transparency."

He added, "The information we have in the Parliamentary Finance Committee confirms that the treasury contained three trillion dinars when Al-Kazemi came to power," noting that "during Al-Kazemi's visit to Mosul, he affirmed that one of the state institutions has three billion dollars that she has not spent yet."

Al-Kiddo said, "This number is shocking, and there may be other money that has not been spent in the rest of the state's institutions, and that all this is the result of the failure to complete the final accounts for years." Ended in / 25 pm

 

https://www.almaalomah.com/2020/06/23/481306/

[screwball]

Funniest stuff I have read in a long time....

[screwball]

1 hour ago, Mary B said:

Tuesday, June 23, 2020 

 

Parliamentary Finance: Iraq loses $ 147 million a day due to the currency auction

 

 

Parliamentary Finance: Iraq loses $ 147 million a day due to the currency auction

Member of the Parliamentary Finance Committee, Muhammad Sahib al-Darraji, affirmed that Iraq loses $ 147 million of hard currency daily due to the currency auction.

Daraji said in a tweet on Twitter: “In one day, the currency selling window sells 207 million dollars, and the average daily oil sales is 60 million dollars, according to the price of 40 dollars, after the quality discount is six dollars, in addition to the production value nine dollars and the export rate 2 4 million barrels per day. "

he said," the difference between the dollar inside the country and abroad for the import of it is $ 147 million in one day .. and the continuation of this situation means $ 53 billion a year. "

https://www.thebaghdadpost.com/ar/Story/197320/المالية-النيابية-العراق-يفقد-147-مليون-دولار-يوميا-بسبب-مزاد-العملة

 

And yet we clearly Don’t stop them from happening...what I do know is the borrowing law will see end of auctions, loans from internal private banks will be guaranteed this will kick start electronic banking  in country...our day is coming fast in MHO!

Edited June 23, 2020 by screwball

[Mary B]

The Jordanian foreign minister visits Iraq

23/06/2020

 

 

 

 

Baghdad- Mawazine News will
visit Jordanian Foreign Minister Ayman Safadi tomorrow, Wednesday, the Iraqi capital, Baghdad.
And the Jordan Kingdom Channel reported that "Al-Safadi will visit Baghdad tomorrow, to meet his Iraqi counterpart and the officials there."
She added, "Cooperation will be discussed in all fields and regional developments in the region." Ended 29 / h

 

https://www.mawazin.net/Details.aspx?jimare=106600

[Mary B]

Iraq revives Soviet, Chinese and British tanks

2020-06-23

Iraq decided to continue repairing the old armored vehicles. Besides samples purchased from the Soviet Union and the countries of the former Warsaw Pact, the spoils seized from neighboring Iran during the 1980-1988 war are revived.

It is reported that more than two dozen main battle tanks such as Civitan, which were manufactured in the United Kingdom in the second half of the 1970s, are to be "revived".
It is known that these 55-ton tanks participated in repelling the US aggression in 2003, but there are no data on any specific successes in the battles.

 

Due to the fact that the tanks are in very poor condition, the work is going very slowly - the lack of the required number of spare parts affects him.
In addition to the tanks themselves, the FV4204 ARRV armor made on the Chieftain chassis, which is used for towing vehicles, is also fixed.

 

https://www.alsumaria.tv/news/اقتصاد/349410/العراق-يعيد-إحياء-دبابات-سوفيتية-وصينية-وبريطانية

[Mary B]

Al-Kazimi answers the question of “cutting” the employees ’salaries ..

 Tuesday 23 June 2020 

 

 

Baghdad / Sky Press

Prime Minister Mustafa Al-Kazemi responded yesterday to what was raised about the cut of employee salaries. Al-Kazimi said during the meeting of the Higher Population Council, "There is no intention to implement deduction of employee salaries and what is said rumors."

"I wished that the Minister of Labor and Social Affairs was with us to reveal to us the extent of poverty in the country, so we need your standing at our side to carry out the reforms that the country needs."

Al-Kazemi added that our dependence on oil to supply the economy made the country idle and lazy, indicating that “the lack of investment cannot build the state

He pointed out that "corruption is the one that impedes the movement of investment, which needs a safe environment suitable for investment."

A number of deputies and experts have confirmed that the government will not be able to pay employee salaries for lack of imports and now it does not have any funds for salaries.

 

http://www.skypressiq.net/2020/6/23/الكاظمي-يجيب-عن-مسألة-قطع-رواتب-الموظفين

[Mary B]

Bloomberg: "OPEC +" agreed on the right track

 Bloomberg: "OPEC +" agreed on the right track

Today, 19:47

Gilgamesh Press / Follow-up
Bloomberg reported that the shares of OPEC + oil countries that were pumping more than allowed began to decline, and some of its countries began to provide details to other members on how to make additional cuts. 
The agency said that Nigeria, Angola, Gabon and Brunei submitted plans to the OPEC Secretariat in Vienna this week, showing that their oil production would be reduced for each of them, and Iraq and Kazakhstan submitted their schedules for the cuts to the organization last week. 
"Bloomberg" added: "OPEC +" committed to reduce its oil production by 9.7 million barrels per day, or about 10% of global oil production, until at least the end of July to compensate for the collapse of demand caused by the global outbreak of the Corona virus. 
She continued: However, the implementation of the agreement was not complete, and during a meeting to monitor the agreement last week, the countries that did not fulfill their commitment to the agreement promised to compensate the shortage through additional reductions in the coming months, amounting to 1.26 million barrels per day between this week and September. 
And "Bloomberg" indicated that Iraq, which usually lags behind in its commitment to the OPEC production cut agreements, and which has implemented only 46% of its obligations by 1.06 million barrels per day in May, will reduce its reductions slightly less than the total additional reductions by 573 thousand additional barrels over the course of The next three months (an additional 57,000 bpd in July, then 258,000 bpd additional in August and September), explaining that Nigeria had pledged to offset its excess production of 180,000 bpd in May by reducing an additional 45,000 bpd between June and September. 
"Bloomberg" concluded: Despite the many obstacles that faced the agreement to reduce production, commitment to it was strong last month by 87%, and oil prices were boosted as a result of this and because of the recovery of oil demand in many countries, most notably China, and Brent prices increased more than twice Since late April to about $ 43 a barrel, although it is still low this year by about 35%. 
Oil prices recorded yesterday (Tuesday) the highest level in nearly 4 months, to reach the highest price since the third of March 2020. Brent jumped 1.7% to $ 43.8, while West Texas crude jumped 1.8% to $ 41.48.

https://glgamesh.com/144367--.html

 

[Mary B]

Parliamentary Finance: This month, there will be no deduction in employee salaries

 

 

24/06/2020

 

  

Information / private ..

The Parliamentary Finance Committee stated that the current month will not witness a deduction from the employees ’salaries, pointing out that the Executive Authority has spoken of a new salarization or salary scale that will be implemented in the future and includes all employees.

Member of the committee Haneen Al-Qaddu told Al-Maalouma that the coming period will not witness a deduction in the salaries of employees, and Parliament is determined to legislate the borrowing law in order to overcome the current crisis.

He added that "the financial committee exercises its duty to exercise control and legislate laws and is not responsible for deducting salaries or not, as these decisions are within the authority of the executive authority."

And that "the Finance Minister is likely to have talked about one salary scale that includes all employees, and that will be organized in the future. As for the current month, he will not witness a deduction of salaries." 25 n ended

 

https://www.almaalomah.com/2020/06/24/481460/