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A Deputy In The Kurdistan Parliament Rules Out Solving The Oil And Gas "Problem" Before Adopting Their Law !


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After a meeting in London that included the Minister of Finance .. Statement of the Economic Contact Group for Iraq 

 

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330 Policy 2020/10/22 19:05


Baghdad Today - Baghdad 

 

The British Embassy in Baghdad, Thursday, October 22, 2020, published a statement that resulted from the meeting of the Iraqi government and international partners in London today. 

"The Iraqi government and international partners met today to launch the Economic Contact Group for Iraq, which is an international coalition to support the government of Iraq in pushing for the implementation of critical economic reforms," the embassy said in a statement. 

The embassy published the text of a statement issued by the Economic Contact Group for Iraq, as shown below.

 

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CNN. Broadcasting The Solution ! Pass The Gas - Law !      LINK A deputy in the Kurdistan Parliament rules out solving the oil and gas "problem" before adopting their law  

LINK Statement from the Ministry of Finance on the White Paper   21st October, 2020 On Wednesday, the Finance Ministry issued a statement on the financial reform paper, us

Al-Kazemi announces from Berlin his "reform plan" and hopes for a German partnership   Wednesday 21 October 2020 Baghdad: Morning   Developing the Iraqi econ

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Al-Tamimi explains the legal way to return the smuggled
money

 

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19:39 - 10/21/2020

 

Legal expert Ali Al-Tamimi clarified, on Wednesday, the legal way to return the smuggled and frozen funds outside Iraq.

Al-Tamimi said in a statement to "the information", that "the money smuggled abroad, which is estimated at 500 billion dollars, can be recovered through the 2005 money laundering agreement signed by Iraq with the help of a number of countries," noting that "Iraq can benefit from Article 50 of The United Nations Charter to collect the funds, which affirms the right of countries fighting organizations placed under Chapter VII to request the assistance of the United Nations, as Iraq was fighting ISIS, which is under Chapter VII under Resolution 2170 of 2017.


He added, "Britain has shown its willingness to assist Iraq in returning and recovering these funds," indicating that "there is an amount of 65 billion dollars in the American Federal Bank, frozen for the former regime, which Iraq can claim according to the 2008 Iraqi-American agreement."

The Parliamentary Integrity Committee confirmed, today, Wednesday, that the federal government has not taken any real action to return the smuggled and frozen money outside Iraq.

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1 minute ago, DinarThug said:

Al-Tamimi explains the legal way to return the smuggled
money

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19:39 - 10/21/2020

 

Iraq has 600 billion dollars and is not asking about it ... a great possibility to obtain it "for free" and without effort


2020-10-22
 
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Yes Iraq: Baghdad

 

Statements are escalating demanding the return of the smuggled Iraqi money and indicating the government's ambiguous laxity in dealing with this file, especially with the presence of many international indications to help Iraq recover its smuggled money.

A member of the Parliamentary Integrity Committee, Alia Nassif said, "The federal government has not taken any real action to return the smuggled and frozen money outside Iraq."

Nassif said, "The United Nations supported Iraq by retrieving its smuggled money without any restrictions or conditions, and this UN support has not been used so far," noting that "the government has not moved and has no intention of returning the smuggled and frozen money outside Iraq."

She added, "These funds can be returned quickly by making use of international support, as it will solve a major crisis and also serve the government by reducing foreign debts," noting that "returning these funds requires pressure from the executive authority on all institutions to return their money quickly."

For his part, the legal expert, Ali Al-Tamimi, revealed the possibility of Iraq recovering up to 600 billion dollars of its smuggled and frozen funds abroad.

Al-Tamimi said that “the money smuggled abroad, which is estimated at 500 billion US dollars, can be recovered through the 2005 money laundering agreement signed by Iraq with the help of the countries of France, England and Germany, as well as in cooperation with the American side in accordance with Article 28 of the Iraqi-American Agreement for the year 2008, and also according to Article 50 Of the United Nations Charter, which affirms the right of states fighting organizations placed under Chapter VII of the United Nations Charter to request the United Nations help, and Iraq was fighting ISIS, subject to Chapter VII under Resolution 2170 of 2017, indicating that “Britain has shown willingness to help.”

He added that "these countries contain in their countries a lot of smuggled money and can also help us in retrieving these funds," noting that "an amount of $ 65 billion in the American Federal Bank is frozen for the former regime, which Iraq can claim according to the above agreement for the year 2008."

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Representative economics: The partnership law with the private sector will reduce the demand for government jobs

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22nd October, 2020


The Parliamentary Economic and Investment Committee announced, today, Thursday, that Parliament is about to vote on the law on partnership between the private and public sector, stressing that the law can provide job opportunities and reduce the trend towards jobs.

Committee member Yahya Al-Ithawi said, "Parliament is going to vote on the partnership between the private and public sector law, as it is one of the most important laws." He added that "investment in Iraq, and law enforcement, can provide job opportunities, employ the workforce, and reduce the trend towards government jobs."

He pointed out that “the amended investment law in Parliament includes several criteria, including its submission to international courts, so the investor can file a lawsuit against the party extracted from him in the event his rights are taken from him, as well as his ability to own land inside Iraq, and he takes out hard currency when he has revenues. In addition to the possibility of bringing in experts and stakeholders from abroad and employment.”

 

He explained that "Iraq has many investment opportunities that can be benefited from, such as extracting oil and other minerals, in addition to gas, where there are discovered fields that have not been utilized so far."

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Just now, DinarThug said:

Representative economics: The partnership law with the private sector will reduce the demand for government jobs

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Iraq is on a date with a law that "reduces" the importance of appointments and the demand for them


2020-10-22
 
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Yes Iraq: Baghdad

 

The Parliamentary Economic and Investment Committee announced, today, Thursday, that Parliament is about to vote on the law on partnership between the private and public sector, stressing that the law can provide job opportunities and reduce the trend towards jobs.

Committee member Yahya Al-Ithawi said, "Parliament is going to vote on the partnership between the private and public sector law, as it is one of the most important laws."

He added that "investment in Iraq, and law enforcement, can provide job opportunities, employ the workforce, and reduce the trend towards government jobs."

He pointed out that “the amended investment law in Parliament includes several criteria, including its submission to international courts. The investor can file a lawsuit against the party extracted from him in the event his rights are taken from him, as well as his ability to own land inside Iraq, and take out hard currency when he has revenues. In addition to the possibility of bringing in experts and stakeholders from abroad and employment. ”

 

He explained that "Iraq has many investment opportunities that can be benefited from,
 such as extracting oil and other minerals, in addition to gas, where there are discovered fields that have not been utilized so far."

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14 minutes ago, DinarThug said:

After a meeting in London that included the Minister of Finance .. Statement of the Economic Contact Group for Iraq 

137653.jpg?watermark=4
 

330 Policy 2020/10/22 19:05


Baghdad Today - Baghdad 

 

The British Embassy in Baghdad, Thursday, October 22, 2020, published a statement that resulted from the meeting of the Iraqi government and international partners in London today. 

"The Iraqi government and international partners met today to launch the Economic Contact Group for Iraq, which is an international coalition to support the government of Iraq in pushing for the implementation of critical economic reforms," the embassy said in a statement. 

The embassy published the text of a statement issued by the Economic Contact Group for Iraq, as shown below.

 

31221.jpg?watermark=4

link

 

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Baghdad and London agree on more cooperation in three areas

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22nd October, 2020


The Prime Minister, Mustafa Al-Kazemi, met today, Thursday, in the British capital, London, with British Prime Minister Boris Johnson, as part of his European tour that also included France and Germany.

A statement issued by Al-Kazemi's media office stated that the meeting discussed issues of common interest, reviewing the overall developments and political and security positions in Iraq and the region, and developing bilateral relations between the two countries in a way that serves local and regional peace and stability.

The statement stated that during the meeting, it was agreed on more cooperation between Baghdad and London, in the field of combating terrorism, and also in the political and economic sphere, in light of the economic challenges that Iraq faces due to the decline in global oil prices and the repercussions of the Corona pandemic, and moving forward for strategic cooperation between Iraq And the United Kingdom, includes multiple hubs.

Last Sunday, Iraqi Prime Minister Mustafa Al-Kazemi left the capital, Baghdad, heading to the French capital, Paris, on his European tour that included Britain and Germany. Al-Kazemi is accompanied, on his European tour, by a high-ranking government delegation that includes a number of ministers and heads of independent bodies. 

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Baghdad asks for support from Moscow in 4 sectors and invites it to contribute to increasing Iraqi oil exports to OPEC

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22nd October, 2020


On Thursday, the Iraqi Parliament called on Russia to contribute to increasing the ceiling of oil exports to Iraq in "OPEC Plus", and also requested support from it in 4 sectors.

The office of the First Deputy Speaker, Hassan Al-Kaabi, said, in a statement received by Shafaq News, that "the First Deputy Speaker of Parliament, Hassan Karim Al-Kaabi received the Russian ambassador to Iraq, Maxim Maximov and his accompanying delegation, where bilateral relations were discussed, and the work of the parliamentary friendship committees was activated between The two countries, in addition to reviewing a number of regional and international files."

Al-Kaabi considered the "role and position that Russia plays as "influential and important" with the "OPEC Plus" organization, which makes it capable of influencing the aspect of showing possible facilities to increase the ceiling of oil exports to Iraq to finance the current financial deficit, especially after reducing production according to the last OPEC meeting, which committed In which all the member states, including Iraq, recently, despite the financial and economic situation that he is going through."

During the meeting, the deputy speaker of the Iraqi parliament called for "the possibility of the Russian government helping Iraq by providing loans to finance the implementation of strategic projects and infrastructure in Baghdad and the governorates" electricity / housing / water / sanitation networks "and showing the necessary support for Iraq to overcome the current economic and financial crisis." And he called for "the necessity of working on the return of Iraqi students to Russia because of the urgent need for them to communicate with their universities, especially since many of them do not obtain sufficient information via the Internet due to the poor service mentioned in the country."

In turn, the Russian ambassador expressed the support of his country's government to facilitate the issue of increasing Iraqi oil exports and revitalizing relations at various levels, in addition to activating reciprocal meetings in a way that serves the interest of the two friendly peoples, "expressing support for Russian companies to implement important strategic projects in all parts of Iraq."

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Al-Kazemi: We do not want to be dragged into any conflicts in the region and we boiled over to protect our economy from collapse

Al-Kazemi: We do not want to be dragged into any conflicts in the region and we boiled over to protect our economy from collapse
 
 
22nd October, 2020
 
The Prime Minister’s Office revealed, on Thursday evening, the results of Mustafa Al-Kazemi’s meetings with Prince Charles and his British counterpart Boris Johnson in London.

 

"The meeting discussed issues of common interest and the development of bilateral relations. It also discussed agreement on further cooperation and the way forward for strategic cooperation," his media office said in a statement.  

He added, "Al-Kazemi stressed the work to conduct early, fair elections that meet the demands of the Iraqi people and their ambitions, as he made clear that this round comes to document Iraq's relations with friends and allies who contributed to the war on ISIS."

Al-Kazemi also announced during the meetings, according to the statement, that "Iraq can play a positive role in the calm," saying, "We want to protect the Iraqi economy from collapse, so we presented the white paper for reform," stressing, "Working to hold early and fair elections that meet the people's demands." Iraqi and his ambition. "
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Mazhar Saleh: I do not worry about the salaries of October

 

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22nd October, 2020


The Economic Adviser to the Prime Minister, Mazhar Muhammad Salih, stated, Wednesday, October 21, 2020, that there is no need to worry about the salaries of employees for the current month of October.

Salih told Al-Masalla, "The issue of paying salaries for the current month of October is not a concern, and that the delay will not be as it happened last month," noting that "there is flexibility on the part of the concerned authorities to disburse salaries without delay."

And that "the rights are guaranteed and there is a directive from the House of Representatives and the government to disburse salaries by approving the internal borrowing law submitted to the House of Representatives."

 

Edited by DinarThug
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6 trillion dollars “latent” in Iraqi lands without use: establishing an annual budget for the state for 60 years!


2020-10-22
 
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Yes Iraq: Baghdad

 

The Parliamentary Economic and Investment Committee said that Iraq possesses 11 billion tons of phosphates and 600 thousand tons of sulfur, which is equivalent to about 6 trillion dollars latent in Iraqi lands if invested and sold globally.

Committee member Hassan Jalal Al-Tamimi said that the industrial sector has been suffering from a difficult reality since 2003 until now, due to political quotas and corruption.

He added that the local industry was supplying the budget with more than 16% of the revenues, pointing out that Iraq has a mine of minerals, but it is not properly exploited.

He pointed out that Iraq possesses 600 thousand tons of sulfur and the global price per ton is more than $ 700. It also has more than 11 billion tons of phosphates, and its global price is estimated at $ 530.

He explained, that Iraqi sulfur is one of the finest species in the world, but it needs real exploitation, pointing out that his committee agreed with the former Minister of Industry to rehabilitate the national industry, but the agreement was not implemented.

Al-Kinani considered the local industry as scrap iron, warning against referring cement and other mineral projects to investment.

He pointed out that he had collected 160 signatures in Parliament to stop the mineral investment law because its passage would lead to a disaster for the right of the people, stressing that every person who allows mineral investment is a criminal against the people.

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Finance Minister: European countries are preparing the White Paper, an ambitious program for comprehensive economic reform in Iraq


2020-10-22
 
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Yes Iraq - Baghdad

 

The Minister of Finance, Ali Abdul Amir Allawi, announced, on Thursday, October 22, 2020, the support of international organizations and industrial countries for the White Paper.

The media office of the Minister of Finance said in a statement: “Allawi confirmed, after his participation in the tour of Prime Minister Mustafa Al-Kazemi to a number of European countries, that the White Paper received absolute support from industrialized countries and international organizations for the first time.”

The statement added that “international support and welcoming the white paper is an achievement of the Ministry of Finance,” indicating that “international organizations have seen that Iraq faces arduous economic challenges overshadowed by the crisis of Corona and the decline in oil prices, and that the White Paper is an ambitious program for comprehensive economic reform, enhancing the growth of the private economy and protecting the most groups Double ”.

He pointed out that "the industrialized countries and international organizations announced their support for the Iraqi government's vision of reform not only to ward off the current crises, but to create permanent economic opportunities for the Iraqi people that meet their aspirations."

The statement pointed out that “earlier, the Finance Committee in the Iraqi Council of Representatives announced its support for the white paper that aims to reform and activate the private sector and change the course of the national economy from the role of state control to the role of regulation, law enforcement, attention to vulnerable groups, social welfare and work to make radical improvements to The state administration of the public financial system to reduce the continuous waste of resources, and also seeks to restructure the banking sector and put in place scientific and real solutions to raise the production of the public sector.

 

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"Reducing the value of the Dinar will have positive and negatives and will help us financially in the first period" 

So will the value of the Dinar decrease and then increase? I am lost on this one....but the last article says they have 6 trillion dollars worth of Sulphur and Phosphate if sold globally! This is incredible!!! WTF!!!

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Pictures: Iraq discusses its economic crisis with 3 influential international parties


2020-10-22
 
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Yes Iraq - Baghdad

 

The British ambassador to Iraq, Stephen Hickey, expressed his happiness at the meeting of Iraq with the Group of Seven and the international criticism to discuss its economic crisis.

Hickey said in his post that it is wonderful to see the meeting of the Group of Seven, the International Monetary Fund, the World Bank, and the Finance Committee in the Iraqi parliament to support economic reform.

He added: International support is crucial at this difficult moment for the Iraqi economy.

 

The United Kingdom announced earlier today, Thursday, October 22, 2020, the formation of the Economic Contact Group on Iraq in an effort to stimulate international support for the urgent economic reform program in Iraq.

A statement by the British Foreign Office stated that the United Kingdom will launch a three-year program at a cost of 6 million pounds sterling to provide global expertise to achieve economic growth and improve the security situation.

She added: Prior to his meeting with Iraqi Prime Minister Mustafa Al-Kazemi today (October 22), Foreign Minister Dominic Raab stressed the need to support the Iraqi economy, which is facing difficulties, and to work with the government to improve stability and security in the country, to ensure a better recovery from the Corona virus.

She explained that, given the high number of COVID-19 cases and the decline in oil prices, Iraq is in urgent need of international aid. Therefore, the United Kingdom announces a three-year program, at a cost of 6 million pounds sterling, to support the ability of the Iraqi government to meet these challenges. This new program draws on international experiences from the public and private sectors to enhance stability in Iraq and introduce vital economic changes in order to accelerate growth.

The Foreign Ministry continued: The United Kingdom also mobilized the international community to form an economic contact group on Iraq (the “Economic Contact Group”), which will work with the Iraqi government to develop a roadmap to implement change in an effort to stop the economic crisis and provide job opportunities so that the Iraqi people can secure a better future.

She explained: The first meeting of the Economic Contact Group will be held at the Ministry of Foreign Affairs and Development headed by Deputy Prime Minister and Minister of Finance Ali Allawi, Minister of Middle East Affairs James Cleverley, and in the virtual presence of participants from around the world.

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The Iraqi parliament confirms concerns about employee salaries

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22nd October, 2020


The Iraqi parliament confirmed, on Thursday, that paying the salaries of employees in the country depends on the passage of the borrowing law presented by the Iraqi government.

Bashir Haddad, Deputy Speaker of Parliament, said in a press conference, which was attended by Shafaq News Agency, "Iraq is going through bad economic conditions and does not have sufficient cash liquidity to pay salaries, and therefore the parliament will discuss, in next Saturday's session, the borrowing bill." He added, "The law will be included on the agenda for the first reading, and according to the bill, the government requests that it have broader powers and that Parliament gives it approval to borrow an amount of 41 trillion dinars to fill the deficit in the remaining three months of this year."

Haddad said, "We believe that parliament will approve the law, but with several conditions, including studying the reform paper - the white paper - sent by the government, and on the basis of which the law will be voted on because we are obliged." He stressed, "If the law is not voted on, the salaries for the remaining three months will not be paid."

It is customary to pay the salaries of employees, starting from the 15th of each month and until the 26th of the same month, but last September, the salaries of government employees were late for the first time due to the financial crisis. And the Iraqi Finance has previously confirmed that the financial pressure in the country will continue in the foreseeable future, as the country's main source of income from oil exports will be constantly affected by the global decline in demand and the massive outbreak of the Coronavirus. And last September, the total financial revenues from the sale of oil amounted to 3.1 billion dollars, while Iraq needs 5 billion dollars to cover the salaries of 4.5 million state employees. And Iraq, the second largest producer of crude in the "OPEC" after Saudi Arabia, with a daily average of 4.6 million barrels in normal conditions, and depends on crude to provide more than 90 percent of its revenues.

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Al-Kazemi assures the British Foreign Secretary that the Iraqi government is seeking to achieve reform

 

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277 Policy 2020/10/22 19:32 ht 


Baghdad today - Baghdad 
 

The Prime Minister, Mustafa Al-Kazemi, Thursday, October 22, 2020, during his meeting with the British Foreign Minister, Dominic Raab, affirmed the Iraqi government's serious pursuit of reform.

The media office of the Prime Minister said in a statement received (Baghdad today), "Al-Kazemi received at his residence in the British capital, London, the British Foreign Minister, Dominic Raab." 

The statement added that "the meeting discussed the security and political situations in Iraq and the region, and ways to enhance joint cooperation between the two countries in various fields, especially in the economic and security fields." 

Al-Kazemi referred to "the Iraqi government's serious endeavor to achieve economic reform, and to make Iraq an attractive environment for investment, through international cooperation with its partners in the world," stressing that "the opportunity is available for British companies to invest in Iraq, and the government's keenness to provide appropriate environments for work."

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Banks profit 1.5 million dollars a day.” A deputy identifies 3 reasons that allow the exit of large amounts of money from Iraq

 

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1,265 Policy 2020/10/21 21:06 


Baghdad today - Baghdad,
 

a member of the Parliamentary Economic Committee, MP Ali Al-Lami, on Wednesday (October 21, 2020), identified 3 main reasons for the exit of huge sums of money from Iraq, while he revealed banks that profit one million and 500 thousand dollars a day, according to his saying.

Al-Lami said in an interview with (Baghdad Today), that "a lot of money is coming out daily from Iraq for three main reasons, the first is the failure to revitalize the economic and agricultural sector and the push to import almost everything, and this matter is due to the existence of a political will trying to stop any attempts to revitalize these sectors and pay The frequency of purchasing all needs, which is conducted through hard currency. "

He added, "The hard currency auction represents one of the most important gates of corruption in Iraq," pointing out that "the profits of some banks reach one million and 500 thousand dollars per day and those funds are transferred through forged invoices, in addition to the rampant corruption in ministries and institutions that pays a lot of Investors, including the Iraqis, to transfer their money abroad to invest in other countries, "noting that" the transfer of these large funds has negative repercussions on the economy and leads to weak movement and consequently the growth of acute unemployment rates. "

Al-Lami pointed out that "the most important solutions to prevent the depletion of hard currencies and put them out of the country is the presence of political will and national solidarity from the blocs, the government and parliament to support the revival of the industrial and agricultural sectors because the cost of production is lower and thus we maintain the presence of hard currencies in support of national production, in addition to providing a safe environment." "For investors, especially Iraqis, and pushing them to invest internally and to reconsider the currency auction filebecause it represents a gateway to corruption, as well as addressing the file of corruption in the ministries because it is protected by political cover."

Today, Wednesday (10/21-2020), the head of the Change Bloc in the House of Representatives, Youssef Muhammad confirmed, that Iraq possesses important judicial and banking documents related to smuggling Iraqi money abroad through spoilers. 

Representative Yusef Muhammad said in a statement received (Baghdad Today), "It is necessary for the authorities to take strict measures against the corrupt, and to stop the bleeding of Iraqi funds, through corruption, in parallel with implementing what is found in the white economic reform paper."  

"The financial situation in the country requires difficult and bitter decisions in restructuring the economy in the country," he added, stressing that "these reforms have no value without there being decisive measures to fight corruption." 

The head of the Change Bloc in the House of Representatives called for "to give great importance to the file of recovering Iraqi money smuggled abroad after 2003 during the next stage, and for the political class in the country to assume its responsibility towards the economic crisis, and to help return those money through the information it possesses about it."

Muhammad stressed, "The presence of important documents in this file through which the existence of these funds and their value can be inferred, in cooperation with European expertise that the government can use in order to uncover them, in addition to the presence of appropriate grounds in some European countries and the United States of America to help other countries return Smuggled money obtained through corruption. "

He suggested that "the smuggled money is worth tens of billions of dollars."

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Thanks Thugs, I think they are starting to get it 🥴

“The hard currency auction represents one of the most important gates of corruption in Iraq," pointing out that”

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The elites acknowledge the forces ’attempt to hold the government responsible for the mistakes accumulated since 2003 .. Where did the explosive budgets go?
 

10/19/2020 9:34:47 AM  
 
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Baghdad / The Obelisk: 

 

 

MP Ziad Al-Janabi’s call for not holding the government responsible for the mistakes accumulated since 2003 reveals the widespread media propaganda launched by political parties against the government of Prime Minister Mustafa Al-Kazemi, in which it aims its failures and mistakes on the Al-Kazemi era, believing that the Iraqi people can forget The facts documented in Iraqi history since 2003, that the dominant political forces were the ones who formed the previous governments, and they are the ones with the first failure.

 

The dominant parties besieged by the people and the demonstrators vanguard do not seem to be indifferent to these facts, and they are trying with everything in their power to put the Al-Kazemi government in its betrayal, and to portray it as "failed" and "helpless", in order to join the black list established by the Iraqi people of those forces that ruled 17 Years old.

Rather, these forces, according to analyzes, do not want to assume responsibility after today, despite the permanence of their positions, positions and privileges, and rather they do not care to support the government in facing the economic crisis, but rather believe that this crisis is in their interest in order to distort the image of the Al-Kazemi government.

The leader in the Sadrist movement, Hakim al-Zamili, had admitted the failure of previous eras, especially the mistakes made by the government of Adel Abdul Mahdi, in the lack of seriousness in combating corruption, the management of the state by some partisan, political and tribal bodies, and reliance on material relations to choose personalities for some positions, especially In the security, military and other aspects.

Observers say that the parties do not seem ready with the importance of compromising for the sake of the people's interests, and they are still fighting each other in order to obtain positions and deals relying on that Al-Kazemi may have no political support because he does not have a political bloc to support him.

In an indication of the lack of interest of the allied forces against Al-Kazemi, they refuse to admit failure despite the fact that Iraq is facing a complex and insurmountable economic crisis, but rather threatens bankruptcy and the collapse of the institutional and social structures.

The accumulation of errors in the political curricula that ruled the country since 2003 led to the arrival of Iraq to anxious and deadly options, represented by mortgaging its economy with loans and wasting its wealth among the parties that managed to reach power after the fall of Saddam Hussein's regime.

Despite the vast wealth, the land rich in oil, phosphates, agriculture, and the diversity of resources, Iraq has become classified among the poorest, corrupt and devastated countries, because of the mismanagement that wasted huge explosive budgets.

Iraq today, after five successive governments, is owed $ 120 billion, and is unable to pay the salaries of its employees, who number about 7 million, according to official figures.

Obelisk

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On 10/21/2020 at 8:18 PM, DinarThug said:

the White Paper will be implemented as of January 1, 2021.

 

Thanks Thug. Awesome confirmation that the 'white papers' do not need to be approved by the parliament, just discussed amongst them. Otherwise they might be stalled while those inept idiots cover their butts before the new elections. And they may never see the light of day. Kazami and new CBI guy are rocking it. Maybe AM should give them one of the new rocker emoji too.

                               :twothumbs:

Edited by King Bean
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Parliamentary Finance: The salaries of employees may be delayed until after the end of the month

 

23750.jpg

 

23rd October, 2020

The Parliamentary Finance Committee clarified, on Friday, that the salaries of employees may be delayed by the government due to the need for the borrowing law, which must be voted on by Parliament, pointing out that the vote on the law needs a week at least, which may lead to the passage of this month.

Committee member Jamal Cougar said in a press interview, "The House of Representatives must include the borrowing law on its agenda and hold a session during the current days for a first and second reading and voting on it."

He added, "This week is the last week in October, and therefore the vote on the borrowing law needs a week at the very least." And that "the salaries of employees may be delayed due to the delay in the borrowing law, which needs the mentioned period, readings and discussions in order to vote on it, and therefore the current month will end without launching salaries."

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Parliamentary Finance: The salaries of employees may be delayed until after the end of the month    LINK

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