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The Minister of Oil: We are keen to develop the oil and gas industry and invest it by building the national economy


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The Minister of Oil: We are keen to develop the oil and gas industry and invest it by building the national economy

2020-06-24 
The Minister of Oil: We are keen to develop the oil and gas industry and invest it by building the national economy
 

On Wednesday, Oil Minister Ihsan Abdul Jabbar affirmed his ministry’s keenness to develop the oil and gas industry and invest it in building the national economy.

The ministry said in a statement, Alsumaria News received a copy of it, that "Oil Minister Ihsan Abdel-Jabbar received the Chairman of the Parliamentary Oil and Energy Committee, MP Haibet Al-Halbousi, members of the committee and a number of deputies."
 
Abdul-Jabbar stressed, according to the statement, "The Ministry's keenness to develop the oil and gas industry and invest in building the national economy despite the challenges and difficult circumstances through plans and programs that contribute to the advancement of the oil industry," noting that "the ministry has achieved many important achievements during the last period as well as Dealing with it transparently and objectively with all files related to the development and growth of the production and export sector, and othersIraq Member of the Transparency International".
 
He pointed out that "the ministry is looking forward to an ideal cooperation with members of the House of Representatives through the exchange of information as well as providing them regularly with files and reports on oil activity, especially related to production and export operations and crude oil pricing mechanisms," stressing "the ministry's keenness to achieve more cooperation and communication with the Oil Committee Parliamentary energy and other committees are in the public interest, as well as inviting members to attend meetings and activities related to oil affairs.
 
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Minister of Oil: We will provide parliamentary energy with files and reports on oil activity

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 Minister of Oil: We will provide parliamentary energy with files and reports on oil activity

 Today, 16:22

Gilgamesh Press / Baghdad 
The Minister of Oil, Ihsan Abdel Jabbar, Chairman of the Parliamentary Oil and Energy Committee received MP Haibet Al-Halbousi, members of the committee and a number of deputies.
The Minister affirmed the ministry’s keenness to develop the oil and gas industry and invest it in building the national economy despite the challenges and difficult circumstances through plans and programs that contribute to the advancement of the oil industry, indicating that the ministry has achieved many important accomplishments during the past period, noting that it deals with transparency and objectivity with all files For the development of the production and export sector, and others, and that Iraq is a member of Transparency International.
He added that the ministry is looking forward to an ideal cooperation with members of the House of Representatives through the exchange of information as well as providing them regularly with files and reports on oil activity, especially related to production and export operations and crude oil pricing mechanisms, stressing the ministry’s keenness to achieve more cooperation and communication with the oil and parliamentary energy committee and committees The other is in the public interest, as well as inviting members to attend meetings and activities related to oil affairs.

 

https://glgamesh.com/144467--.html

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Minister of Oil: licensing rounds contributed to the development of the oil industry

28/06/2020

 
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BAGHDAD - Mawazine News
Oil Laser, Ihsan Abdul Jabbar confirmed, on Sunday, that licensing rounds contributed to the development of the oil industry.
Abdul Jabbar said, according to the official newspaper, "The licensing rounds are not a bad experience. Although they witnessed failures at a certain stage, but they contributed to developing the oil industry in the country and increasing the country's ability in production and export operations and training Iraqi cadres, there are some observations that we are working to address. ".
He stressed that "the ministry has a vision to open the door to negotiate with companies and has begun studying some oil contracts, and the ministry is heading to conduct a review of oil fields with high production costs (and does the interest require that these contracts remain or go towards the amendment, or that contracts may be stopped or canceled with Companies), all of that is being discussed and studied to deal with service companies that work with Iraq to develop production in the oil fields, and there is an evaluation and re-review of some of these contracts, not all of them. "
And on the possibility of increasing the price of a barrel of oil sold to refineries to supplement the state treasury with additional resources, the minister indicated that "the proposal is still under discussion and not necessarily going forward with this proposal and its implementation, and the ministry is working on studying the economic feasibility before taking any decision in this regard." Ended 29 / A 43

 

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Providing agricultural lands in Nineveh with 25 million liters of gas oil at the subsidized price

| 01:47 - 28/06/2020

 
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Baghdad - Mawazine News
: The Oil Products Distribution Company, on Sunday, supplied Nineveh Governorate with more than 25 million liters of gas oil for agricultural areas subject to mechanical harvest of wheat and barley crops for the current agricultural season 2020, as part of its efforts to support the agricultural sector in the province.
"The company continues to support all the important sectors in the country, including the agricultural sector, by supplying them to farmers in Nineveh governorate with a gas oil product at the subsidized official price of (400 dinars / liter)," the deputy general manager of the company, Hussein Talib Abboud, said in a statement. Through its supply agency, in coordination with the Ministry of Agriculture / Agricultural Directorate in Nineveh. "
He stated, "The company will continue to grant the required shares of gas oil and complete the necessary processing procedures." 
In turn, the Director of the Supply Authority of the Distribution Company, Engineer Ihsan Musa, explained that "the size of the area suitable for agriculture, which will be included in the agricultural plan, amounted to more than (6) million acres."
He added, "Determining the quantity and allocating it for the purpose of processing is done according to the cultivated area or according to the preparation of agricultural machinery, pumps and pullers according to the desire of the farmer."

 

https://www.mawazin.net/Details.aspx?jimare=107339

 

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Parliamentary Committee: The export of surplus national products is subject to this matter

06/28/2020

 
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Baghdad Mawazine News
The Committee on Agriculture, Water and Parliament Marshes confirmed on Sunday that exporting the surplus of national products is a must for increasing revenues in light of the financial crisis the country is witnessing in particular.
"The steps to start exporting some of the surplus products, including barley, are proceeding with deliberate steps, with the cooperation of everyone from the committee to the governmental authorities," committee head Salam Al-Shammari said in a statement.
He added, "The importance of securing the border crossings from the security authorities is a sure guarantee that some people, internally and externally, will not try to flood the market with products that are similar to the national ones intended for export."
Al-Shammari said, "The committee is closely following government steps related to this and the local market is not affected by any shortage that may clearly affect the products prepared for export and their prices."
The Chairman of the Committee stressed, "The importance of speeding up and regularizing the dues of farmers and farmers in order to ensure continued production and self-sufficiency and exporting surplus from it." Ended 29 / A 43

 
 

 

 

 

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Oil Minister: We are committed to the OPEC + agreement and we will implement two major projects for marine export

 28/06/2020

 
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Baghdad - Mawazine News
, Oil Minister Ihsan Abdul-Jabbar confirmed, on Sunday, Iraq’s commitment to the OPEC + agreement related to production cuts because the authority requires it, revealing work at the present time to implement two large marine export projects, the completion rate of one of them reached nearly 85 percent.
In response to a question about the mechanism for dealing with OPEC decisions to extend production cuts, what is the impact of production cuts in Iraq, and the extent of the region’s government’s cooperation with this file, the Oil Minister said, “Iraq’s interest in continuing to cooperate with the Organization of Petroleum Exporting Countries (OPEC +), and work together In raising the market value of the oil wealth. "
He added that "the ministry is committed to the timing of the times that were agreed upon for the remaining months of this year by the OPEC agreement, and large quantities of oil were reduced in the fields of the southern and central regions in implementation of these obligations."
He added that "the dialogues are continuing with the region, and emphasizing the need for the region to adhere to the determinants and decisions of OPEC, and that the region's production of oil not exceed 370 thousand barrels per day."
And he added that "the Iraqi government believes in the necessity of integration between the federal government and the region in its decisions and public policies."
He explained that "discussions are continuing with the aim of restoring the relationship between the center and the region, and that all oil fields in the country are subject to one oil policy, and wealth management within the federal policy, taking into account the rights of the region stipulated in the Iraqi constitution."
 Minister Abdul-Jabbar revealed that "the Ministry of Oil is currently working on implementing two major projects. The first project is to extend the third marine export pipeline, in which the completion rates reached 85 percent, despite the obstacles that occurred with the executing company and which were overlooked by withdrawing work from the executing company By mutual consent, the Basra Oil Company is working to refer the project to another company to complete work on the project and implement it according to the specified times and schedules. "
He added that "the second project is the implementation of the fourth and fifth marine pipeline with the creation of an additional loading platform with direct management by Basra Petroleum Company, and the consulting company is (ENI) Italian, and is currently in the stage of completing the purchase of long-term materials, and the project will be announced during the months The next four, "noting that" the ministry has a clear plan to increase Iraq's export capabilities by completing the implementation of the marine export pipeline network. "

https://www.mawazin.net/Details.aspx?jimare=107271

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Oil Minister: We are committed to the OPEC + agreement and we will implement two major projects for marine export

 28/06/2020

 
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Baghdad - Mawazine News
, Oil Minister Ihsan Abdul-Jabbar confirmed, on Sunday, Iraq’s commitment to the OPEC + agreement related to production cuts because the authority requires it, revealing work at the present time to implement two large marine export projects, the completion rate of one of them reached nearly 85 percent.
In response to a question about the mechanism for dealing with OPEC decisions to extend production cuts, what is the impact of production cuts in Iraq, and the extent of the region’s government’s cooperation with this file, the Oil Minister said, “Iraq’s interest in continuing to cooperate with the Organization of Petroleum Exporting Countries (OPEC +), and work together In raising the market value of the oil wealth. "
He added that "the ministry is committed to the timing of the times that were agreed upon for the remaining months of this year by the OPEC agreement, and large quantities of oil were reduced in the fields of the southern and central regions in implementation of these obligations."
He added that "the dialogues are continuing with the region, and emphasizing the need for the region to adhere to the determinants and decisions of OPEC, and that the region's production of oil not exceed 370 thousand barrels per day."
And he added that "the Iraqi government believes in the necessity of integration between the federal government and the region in its decisions and public policies."
He explained that "discussions are continuing with the aim of restoring the relationship between the center and the region, and that all oil fields in the country are subject to one oil policy, and wealth management within the federal policy, taking into account the rights of the region stipulated in the Iraqi constitution."
 Minister Abdul-Jabbar revealed that "the Ministry of Oil is currently working on implementing two major projects. The first project is to extend the third marine export pipeline, in which the completion rates reached 85 percent, despite the obstacles that occurred with the executing company and which were overlooked by withdrawing work from the executing company By mutual consent, the Basra Oil Company is working to refer the project to another company to complete work on the project and implement it according to the specified times and schedules. "
He added that "the second project is the implementation of the fourth and fifth marine pipeline with the creation of an additional loading platform with direct management by Basra Petroleum Company, and the consulting company is (ENI) Italian, and is currently in the stage of completing the purchase of long-term materials, and the project will be announced during the months The next four, "noting that" the ministry has a clear plan to increase Iraq's export capabilities by completing the implementation of the marine export pipeline network. "

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The Ministry of Electricity announces a strategic plan for the current summer .. And confirms: The lack of allocations delayed the implementation of projects

28/28/2020

 
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Baghdad - Mawazine News The
Ministry of Electricity, Al-Hidd, revealed its plans to increase the hours of energy supply for citizens, while noting that the lack of financial allocations delayed the implementation of many projects.
"The Ministry of Electricity has prepared a strategic plan for the current summer, which includes the introduction of new obstetric units, maintenance and rehabilitation of other stations, as well as the implementation of new projects to increase the hours of energy supply for citizens," said ministry spokesman Ahmed al-Abadi, according to government media.
He added, "The circumstances in which the country went through, the lack of financial allocations and the absence of a budget led to the delay in the implementation of many projects and the ministry's inability to purchase spare parts for the maintenance of electrical stations, pointing out that the ministry prepared an emergency plan in order to introduce new obstetric units into service."
He pointed out that "some obstetric production units have been introduced in Al-Sadr gas station and two obstetric units in Al-Kayara station in Mosul," stressing that "Al-Najibiya and Al-Zubaidiya stations were also introduced in Wasit by relying on national cadres."
Al-Abadi said, "The introduction of new generating stations and units during the coming months, including two units in Samawah with a capacity of 250 megawatts, as well as two modern stations in Nasiriyah by General Electric."
He continued, that "during the end of August or early September, a obstetric unit will be entered in the Al-Jalisiyah station in Salah Al-Din Governorate with a capacity of 630 megawatt," stressing that "all these projects will contribute to increasing hours of preparation for citizens." Ended 29 / A 43

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Including a review of licensing rounds ... eight measures to address the economic crisis in Iraq

27/06/2020

 
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Baghdad - Mawazine News,
The Parliamentary Commission on Economy and Investment presented, on Saturday, eight measures to confront the economic crisis in Iraq.
Member of the Committee, MP Mazen Al-Faili stressed, in a statement that Mawazine News received a copy of, on the "necessity of accelerating economic reforms and maximizing the numerous non-oil revenues to confront the severe economic crisis through these procedures:
- Reviewing the oil licensing rounds, reports of the Financial Committee indicated that The dues of those companies for the next six months are five billion dollars, while the revenues expected to be collected from the production and export of Iraqi oil for the same period are eighteen billion dollars. This means that about a third of oil revenues are paid to licensing tour companies, while the data indicate that more than half of the oil production Done with national efforts.
. The Finance Committee pointed out that the allocations expected to be disbursed within the Chinese agreement are approximately two billion dollars for the next six months. The important question is what projects, facilities and services will be provided in exchange for these sums, and do the health conditions in the world allow the activation of this agreement in the Corona pandemic and the restrictions of movement and economic activity in general, and does this agreement represent A pressing priority with changing challenges, health and financial necessities, and low oil prices. Then, there are no more important and priority resources for such sums
. Collecting the taxes and dues of mobile phone licenses, which are estimated to be lost and wasted more than ten times the amount actually collected, which are billions of dollars
. Review the huge salaries of retired presidents, ministers, representatives, special grades and the salaries of their continuing counterparts.
. Operation of the general factories of the Ministry of Industry, which are many, and their operation can provide new revenues, save spending expenses in import, and create job opportunities for young people.
. Investigate the fate of revenues resulting from the sale of local oil derivatives, especially if the local refineries receive more than six hundred thousand barrels per day.                 
. Control of border crossings, adoption of firm mechanisms, and honest and brave management to ensure that its revenues are fully collected. What can be achieved is not less than ten billion dollars while what is actually obtained from them does not exceed one billion dollars annually.
. A review of the currency auction has shown a study based on the official data of the Central Bank website that shows the difference between the market price and the auction price to exchange for the sale of the dollar for the past years, which amounted to more than fourteen billion dollars (14 billion dollars) and this difference assumes covering the movement of private sector imports but the reality indicates Until the receipts of fake imports are unrealistic and there is no evidence of the use of these sums (in dollars) to move and revitalize the private sector and create job opportunities for unemployed youth. Rather, most of this money has gone to the whales of corruption in Iraq. What is sold in the currency auction, and when investigations revealed the involvement of influential political figures and figures in these thefts, the work of the committee was suspended and procrastinated and prevented from continuing.

 

https://www.mawazin.net/Details.aspx?jimare=107147

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Al-Kazemi issues directives to officials in the ministries of Electricity and Finance

 06/28/2020

 
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Baghdad - Mawazine News,
the Prime Minister, Mustafa Al-Kazemi, on Sunday directed officials in the ministries of Electricity and Finance to overcome obstacles to providing electrical energy to citizens.
A statement of his media office, which received / Mawazine News / a copy of it, stated that, "Today, the Prime Minister, Mustafa Al-Kazemi, held a meeting with the Minister of Electricity and Advanced Employees in both the Ministry of Electricity and Finance."
He added, "During the meeting, the reality of the electrical system was discussed at the present time, and the obstacles facing the Ministry of Electricity, and work to raise the productive capacity of electric energy during the current summer season."
According to the statement, "the general managers of the Ministry of Electricity provided a detailed explanation of the maintenance, transportation and distribution procedures, the causes of the delay, the obstacles to production and distribution, and the most important treatments to overcome the problem of continuous interruptions."
In his turn, the Prime Minister stressed "a immediate and rapid plan to address the current electricity situation, and future plans to develop the electrical system and address the mistakes of the past, in a manner that achieves self-sufficiency, and stressed that the current circumstance requires not only to diagnose errors, but rather to develop quick solutions and end the suffering of citizens" .
Al-Kazemi clarified that "despite the funds that were allocated to the Ministry of Electricity over previous years, the problem of electric energy remained, and it aggravated the suffering of the citizen, as well as its impact on many sectors, stressing that the funds allocated to the ministry must be spent in the right way away from corruption Administrative and financial waste. "
The Prime Minister instructed, "to lay down a clear plan for maintenance work, while finding quick solutions to the problems existing in most parts of the electrical system, and directed his Excellency to quickly deal with the stalled projects and find out the reasons for stopping." Ended 29 / A 43

 

https://www.mawazin.net/Details.aspx?jimare=107321

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  Al-Kazemi stresses the development of a timely and rapid plan to address the current electricity situation
 
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Economy News _ Baghdad

On Sunday, Prime Minister Mustafa Al-Kazemi directed the drawing up of a clear plan for maintenance work and finding quick solutions to problems of the electrical system, indicating that electricity problems remained despite the funds being allocated to the ministry in previous years.

Al-Kazemi’s office said in a statement, “Economy News” received a copy of it, that the latter “held, today, a meeting with the Minister of Electricity and Advanced Employees in each of the ministries of Electricity and Finance. And work to raise the productive capacity of electric power, during the current summer season. "

The statement added, "The general directors of the Ministry of Electricity provided a detailed explanation of the procedures for maintenance, transportation and distribution, the reasons for the delay, the obstacles to production and distribution, and the most important treatments to overcome the problem of continuous interruptions."

Al-Kazemi stressed, according to the statement, "a immediate and rapid plan to address the current electricity situation, and future plans to develop the electrical system and address the mistakes of the past, and to achieve self-sufficiency." Citizens. "

He added, "Despite the funds that were allocated to the Ministry of Electricity over previous years, the problem of electric energy remained, and it aggravated the suffering of the citizen, as well as its impact on many sectors," stressing that "the funds allocated to the ministry must be spent in the right way away from Administrative corruption and financial waste.

Al-Kazemi directed, "Setting a clear plan for maintenance work with finding quick solutions to the problems existing in most joints of the electrical system," and directed "a quick treatment of discontinued projects and knowing the reasons for stopping."

 

   Date added 06/28/2020

 

http://economy-news.net/content.php?id=20872

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 Planning: 12.3% decrease in gross domestic product for the current year
 
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Economy News _ Baghdad

On Sunday, the Ministry of Planning announced that the GDP for the first quarter of 2020 decreased by 13.3%.

The central statistics agency of the ministry said in a report seen by the "Economy News", that "the total output at the current basic prices for the first semester of the year 2020 amounted to 53,129 billion dinars, equivalent to $ 44.9 billion."

He added that "the gross domestic product for the first semester of 2020 decreased from the first semester of 2019 by 12.3% at current basic prices and 1.7% at constant prices."

He pointed out that "the total output for the first half of 2020 also decreased from the fourth quarter of 2019 at a rate of 20.9% at current basic prices and 10% at constant prices."

She pointed out that "the reasons for the decline are due to the decrease in the output of the oil activity due to the low oil prices, and the decrease in the output of the agricultural activity due to the seasonality, in addition to the decrease in the construction and construction activity due to its dependence on the investment budget," noting that "the economic crisis that Iraq witnessed due to Virus Covid-19 impact Significantly lower GDP. "

The gross domestic product is defined as the value of production of final goods and services achieved within a year and is an important indicator of national accounts because it reflects the efficiency of the country's economic performance for the past period.

 

Date added 28/06/2020

 

http://economy-news.net/content.php?id=20873

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Iraqi mobility towards oil fields ... foreign companies threatened to "review their contracts" and demand a reduction in "production costs"

2020-06-28
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Yassin Iraq: Follow-up

Oil Minister Ihsan Abdul Jabbar revealed that Iraq is going to review oil contracts with some companies operating in fields with high costs to reduce costs while reducing production.

Abdul-Jabbar said in press statements, "The ministry has a vision to open the door for negotiations with companies and has begun studying some oil contracts, and the ministry is heading to conduct a review of oil fields with high production costs."

He continued, saying, "All this is being discussed and studied to deal with service companies that work with Iraq to develop production in the oil fields, and there is an evaluation and re-review of some of these contracts, not all of them."

The minister added that it is in the interest of Iraq, a member of the Organization of Petroleum Exporting Countries (OPEC), to cooperate with the OPEC + group to raise the market value of oil.

Earlier this month, Iraq informed OPEC +, a group of OPEC members and allies, that it would begin an urgent plan to gradually reduce its oil production to fully comply with its share, after the group demanded that Baghdad and other non-compliant adhere to the production cut agreement.

 

https://yesiraq.com/حراك-عراقي-نحو-حقول-النفط-شركات-أجنبية/

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Baghdad and Erbil agree on border crossings


 

28/26/2020 1

 
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Baghdad and Erbil agree on border crossings

 

On Sunday, analyst and political expert Hisham Al-Hashemi confirmed that Erbil and Baghdad have reached understandings on the border crossings, while the Deputy Minister described the talks between the two sides as going well.

A high-ranking delegation from the Kurdistan Regional Government headed by Qubad Talabani recently visited Baghdad, as part of a series of negotiating rounds to solve outstanding problems including salaries, financial dues for the region, oil and energy, and others.

The MP Hassan Ali of the PUK bloc in the House of Representatives told PUKmedia : The talks between the regional and federal governments are proceeding well, explaining that the two sides are committed to continuing the success and success of the talks.

Regarding the border outlets, Representative Ally said: The border outlets are part of the negotiation file, stressing that they include all the outlets, starting from the Ibrahim Khalil outlet to the FAO.

On Thursday, Federal Prime Minister Mustafa Kazemi blew a surprise from corruption at the border outlets, saying: We have a challenge represented by the outlets, there are gangs and groups, and there are also billions of dollars in losses annually due to small groups, bandits and influential people controlling the outlets at the expense of the treasury The state, and a campaign will be launched soon to restore consideration of this file.

For his part, analyst and political expert Hisham Al-Hashemi confirmed to PUKmedia today: that the Erbil and Baghdad negotiations reached understandings on the border crossings, explaining that it was agreed during the visit of the Deputy Prime Minister of the Kurdistan Region to Baghdad, as well as the visit of Nigerian Barzani, President of the Kurdistan Region, to a solution to several Problems including border crossings.

He stressed that Erbil and Baghdad had agreed on a joint management of border crossings, pointing out that the next time will include the liberation of border crossings, ports and airports from corrupt gangs, in addition to revealing the names of corrupt people and the sons of officials involved in Internet smuggling. 

 

 

https://www.pukmedia.com/AR_Direje.aspx?Jimare=144587

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The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline

29/06/2020

Baghdad - Mawazine News, 
the Iraqi National Business Council responded to the adviser to the Speaker of Parliament, Hammam Al-Shamaa, indicating that the dinar exchange rate against foreign currencies through the currency sale window for obligations imposed by itself due to the circumstances that Iraq is going through, in advance of a three-stage proposal to review the exchange rate pricing on the basis of The impact of low oil prices with setting priorities for the import of raw materials for local industries
The Council said in a message seen by / Mawazine News / that "the dinar exchange rate against foreign currencies through the currency sale window for obligations imposed itself due to the circumstances that Iraq is going through, which were unfortunately interpreted in a different way to distort the facts" and go to say "and we are not surprised by such responses Skepticism and accusations, as we have become accustomed to it as a private sector to marginalize and underestimate our role, and this wrong behavior is what led Iraq to our donors because of the hegemony and bureaucracy of the government sector that failed over more than (17) years of managing the economic file.
"We were hoping for a direct dialogue with the decision makers to discuss our proposals to find solutions to address the gaps that we are in need of in these difficult circumstances," he added.
The Council stated that it is a socio-economic organization that possesses field and theoretical capabilities and experiences and can express opinions and advice to all Iraqi state institutions to correct paths wherever they are found.
The Council pointed to the reference of the candle in its message about the theory of inflation and its repercussions, and the increase in poverty rates to (20%) of the oppressed people who fell below the poverty line, and the few were blessed with wealth.
He believed that this diagnosis is "an affirmation that the wrong policies of successive governments after the year (2003) in managing the economy created the large gap in the standard of living between (the elected few?) And the majority of the people who suffer from poverty and neglect due to corruption and mismanagement."
"You (Al-Shamaa) talked about the necessity of mobilizing resources because of the three challenges (falling oil prices, corona, and early elections), and the rulers of the Iraqi people’s leader (according to the description of Al-Shamaa) cannot bear more tensions for fear that the table will turn against them," and the council considered that this The offering is "strange logic."
"Changing the exchange rate we called for to achieve justice, eradicate corruption, collect taxes and customs duties, and protect the product will turn the table over the rulers," he asked.
He stressed that this "is to mobilize resources instead of exchange differences, tax and customs evasion go to the pockets of the corrupt and transfer without import."
He stated that "improving the social welfare network, increasing inclusiveness and compensating retirees through the resources derived from accidental results from changing the exchange rate from the state's duties to raise injustice and reduce the level of poverty."
He also pointed out that "the social protection network is not a continuous state, as is the ration card, but rather a temporary case due to the lack of diversified sources of income and dependence only on oil imports."
He stressed the importance of "setting the right policies and strategies and implementing them to upgrade the industrial and agricultural realities and other economic sectors while providing climates for the growth of the private sector and its involvement in the economic decision with a real fight against corruption and improving the investment environment will provide hundreds of thousands of job opportunities and thus will reduce the protection network to unimportant levels and this is in place In all countries of the world. "
He also saw that "the exchange rate change has nothing to do with the process of printing the currency and we do not need to recall its disadvantages, mixing the papers from the economic scripts, as printing the currency in an ill-considered and without cover will lead to inflation. And we did not demand that for security, neither near nor far, but rather that This process on its own terms and conditions. "
Continued

https://www.mawazin.net/Details.aspx?jimare=107437

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the government program follow-up committee: failure to distribute salaries will cause a recession in the market and borrowing not to secure it

dd6be2ebec456484a226a20cc36e9565?s=26&r=Author: AhadNA4 In the 6/30/2020

 

Al Ahed News

Member of the Committee for Follow-up and Implementation of the Government Program, Vian Sabri, revealed today, Tuesday, that external borrowing did not include securing employee salaries.

 Sabri said in a televised interview to "Al-Ahed" channel, "Iraq needs 7.6 trillion a month to meet its need," noting that "we voted on the borrowing law because it is the only solution."

 And she added, "We voted on the borrowing law because it was devoted to investment and the development of regions," noting that "the borrowing law is effective for one year."

And she demanded "distributing the salaries during the coming days," stating that "the non-distribution of salaries will cause a recession in the market," stating that "borrowing is not to secure salaries and secure salaries and distribute them linked to the proceeds of the sale of oil only."

https://alahadnews.net/80695/السياسية-2/

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an economist for al-ahd: internal borrowing is not related to the amount of reserves, and iraq has a large monetary block

dd6be2ebec456484a226a20cc36e9565?s=26&r=Author: AhadNA4 In the 6/30/2020 

 

Al Ahed News

Economist Mohammed Sharif said today, Tuesday, that the government is proceeding with an estimate of the price of a barrel of oil and Iraq's oil exports will increase in the coming days.

Sharif said in a televised interview to "Al-Ahd" channel, "The salaries will be fully insured because the value of the Iraqi barrel will rise and our cash reserves will be 75 billion dollars."

And, "internal borrowing is not related to the amount of reserves and Iraq has a large monetary block."

And he added, "The cash mass is chunky for people." Ended / 6

https://alahadnews.net/80680/اقتصاد/

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Al-Halbousi and the Minister of Labor discuss the regulations for the salaries of the protection network and the granting of loans

 

 

 Time: 7/21/2020 14:18:41

 

 

Al-Halbousi and the Minister of Labor discuss the regulations for the salaries of the protection network and the granting of loans
  
{Baghdad: Al Furat News} Parliament Speaker Muhammad Al-Halbousi discussed, with Minister of Labor and Social Affairs, Adel Al-Rikabi, salary controls for the Protection Network and the granting of loans.

A statement by the Speaker of Parliament’s office said, “Al-Halbousi received the Minister of Labor and Social Affairs, Adel Al-Rikabi, and discussed the ministry’s plan of action and ways to support it, in a way that contributes to improving its performance towards the sectors concerned with it.”
The statement added that "the meeting discussed the file of the salaries of the social protection network, the controls and instructions adopted by the ministry in covering the beneficiaries and the importance of amending them," noting "discussing the development of the lending fund file and granting soft loans that generate income for the unemployed, as well as the need to provide employment opportunities Unemployed, and coordination with international organizations to support the ministry in this area. "
Ali al-Rubaie
https://alforatnews.com/news/الحلبوسي-ووزير-العمل-يبحثان-ضوابط-رواتب-شبكة-الحماية-ومنح-القروض

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