Oil announces the transfer of a copy of the oil and gas law to the Council of Ministers for approval

[6ly410]

Al-Jabri announces the date for the approval of a very important law and the transfer of the oil and gas law to the next session

• Time: 03/21/2021 18:07:42
• https://alforatnews.com/news/الجابري-يعلن-موعد-اقرار-قانون-مهم-جداً-وترحيل-قانون-النفط-والغاز-الى-الدورة-المقبلة

 

{Economy: Al Furat News} A member of the Parliamentary Oil and Energy Committee for the Alliance of Iraqis, Sattar Al-Jabri, announced on Sunday the date for the vote on the Iraqi National Oil Company law after its second reading by the House of Representatives.

Al-Jabri said {to Euphrates News} that "the Iraqi National Oil Company law that has been read {first and second} will be submitted for a vote after the approval of the federal budget law for 2021," describing it as "very important."
He added, "As for the oil and gas law, the committee sent a letter to the oil ministers, asking him to speed up sending it to the Council of Ministers for the purpose of voting on it, then transferring it to the House of Representatives for preparation, maturation and passing it after the first and second reading."
Al-Jabri also referred to "the importance of the law prepared since 2007 in regulating oil revenues and revenues, which represents approximately 90% of the budget, and that in order to achieve justice in the distribution of wealth, this law, which has been delayed for years, must be approved."
While he stressed, "the committee's keenness to complete this law and follow it up by the Ministry of Oil," noting that "the law has many disagreements and differences and needs a long time to complete it," suggesting that it will be transferred to the next parliamentary session.
The Speaker of Parliament, Muhammad al-Halbousi, confirmed the existence of stalled laws that the parliament will proceed to legislate, such as the oil and gas law, which is one of the laws stipulated in the constitution, which will address the mechanism of dealing between Baghdad and Erbil and between Baghdad and the rest of the oil-producing provinces, and the law will be one of the council’s next priorities.
For its part, the Ministry of Oil stressed on the 25th of last February the importance of expediting the passage of the Federal Oil and Gas Law, noting that the law will work to regulate the management of oil and gas wealth in Iraq.
It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file.
Wafa Al-Fatlawi

[horsesoldier]

8 hours ago, DinarThug said:

Deputy .. political parties obstruct the return of the dollar exchange rate to its previous era

Political scene Saturday March 20, 2021 at 19:06 pm

 

 

Sky Press /

 

Today, Saturday, the deputy of the Al-Fateh Alliance, Uday Shaalan Abu El-Joun, accused some political figures of making statements and attacking those who care about the interest of the citizen without personal interests, accusing them of obstructing the return of the exchange rate to its previous one.

Abu El-Jon said, "The high exchange rate of the dollar has greatly affected the ordinary citizen more than other classes, and that its continuation without control over the high prices of goods in the local markets does not harm anyone other than the citizen." A decent life, they are the ones who obstruct the return of the exchange rate to its previous one and agree with others for personal interests only.

He stressed that "reviving the Iraqi economy by raising the value of the dinar and reducing the dollar, and not the other way around, because all countries that revived their economy were by weakening foreign currencies and raising the value of the local currency."

LINK

This dude is wearing too much eye shadow and eye liner to be taken seriously....OR, should we take him very seriously ? 
 

( there’s entirely toooo much positive/negative/ mis & dis [information] coming out right now. These monkeys are up to something...Time to consult Magic 8 Ball and Roll the Bones for REAL answers ).
 

Probably wouldn’t hurt to sacrifice a bucket or 2 of Extra Crispy KFC. The Gods prefer Extra Crispy: this is what they tell me.

[6ly410]

In support of the economy, Al-Kazemi opens the doors to foreign investors in 37 countries, and takes a "bold" decision that no one else has made before!

 

Policy  ,   2021/03/21 12:39   http://iraqtoday.com/news/49711/دعما-للإقتصاد-الكاظمي-يفتح-الأبواب-للمستثمرين-الأجانب-في-37-دولة-ويتخذ-قرارا-جريئا-لم-يتخذه-غيره-من-قبل

 

 

 

BAGHDAD , Iraq today: The

Interior Ministry confirmed on Saturday that the decision of Prime Minister Mustafa Kazemi, exempting the citizens of 37 countries from visa entry visas to the country, came to stimulate investment and support the national economy

  , said ministry spokesman Maj . Gen. Khaled we hinted in an interview to the press, "(March 21 2021) "The Iraqi prime minister's decision to exempt citizens of 37 countries from visas to enter Iraq is a very bold decision since the formation of the government, and the decision came to stimulate investment and support the Iraqi economy, and it began to be implemented as of March 15th.  

" Businesses and companies on behalf of the permanent members of the Security Council, the European Union, Japan, South Korea, Canada, Australia, New Zealand and Switzerland, to enter Iraq through the air, land and sea ports in exchange for paying the visa fees of $ 75 for a period of two months.  

Al-Muhanna stressed, "In light of these health conditions that Iraq is going through, travelers covered by this decision will be subject to all preventive health measures by the Supreme Health and Safety Committee, and to conduct examinations for the Corona pandemic," indicating that "this decision will encourage investors to invest in Iraq, and moving the tourism sector in it

[gregp]

Opened the country on the 15th. 
Here we go...

Thanks 6LY with holes. 

[6ly410]

 

Financial Paradise: A new agreement between Baghdad and Erbil on the budget

Posted a minute ago

https://iraqakhbar.com/2982050

News source / Iraqi Media News Agency "INA"

News source / Iraqi Media News Agency "INA"

 

Baghdad / h. G

Today, Sunday, the Financial Paradise revealed a new agreement between Baghdad and Erbil, in the Kurdistan region, on the federal budget for 2021

The reporter of Paradise, Ahmad al-Saffar, said, in an interview followed by (Iraqi Media News Agency /) that “an agreement has been reached between the Kurdish delegation and the coordination framework of the major Shiite and Sunni powers, and this article has been included in its new form, which indicates that the oil produced in the region is 460 thousand barrels. The costs are deducted from him, and the values of at least 250 thousand barrels are delivered to Baghdad

[6ly410]

[Spartakus]

I hope that it's solid this time cuz I've heard this word before " agreement".

[6ly410]

Iraq determines where to pay the fees for citizens of the 37 visa-exempt countries

2021-03-21

https://yesiraq.com/العراق-يحدد-اماكن-دفع-رسوم-مواطني-البل/

 

 

Yes Iraq: Baghdad

The spokesman for the Ministry of Interior, Brigadier General Khaled Al-Muhanna, decided today, Sunday, the places to pay the visa fees to Iraq.

Al-Muhanna said that "the amount of entry attributes for citizens of countries included in the exemption from the $ 75 entry visa fee to Iraq is to be paid at air, land and sea ports and border crossings."

 

He stressed that this step "comes to stimulate investment and support the Iraqi economy."

 

The Iraqi government decided to exempt citizens of 37 countries from entry visas to Iraq, as the decision included businessmen and companies from the permanent members of the Security Council, the European Union countries, Japan, South Korea, Canada, Australia, New Zealand and Switzerland, to enter Iraq in exchange for paying the visa fees of $ 75 for a period two months

[6ly410]

A Shiite-Sunni agreement regarding amendments to Article 11 Second of Kurdistan

https://alahadnews.net/175561/العراق/السياسية/

 

Author: ahad7 On 3/20/2021 - 6:46 PM 155

Today, Saturday, the deputy of the Al-Fateh Alliance, Hamid Al-Mousawi, confirmed that the Shiite blocs agreed yesterday night on the amendments made to Article 11 second of the budget for the region’s share in addition to all its paragraphs.

Al-Mousawi said in a statement followed by Al-Ahed News, that “a meeting took place last night between the Shiite forces to discuss the amendments that were made to the region’s share of the budget within Article 11 second with its clauses, and after a long discussion, an agreement was reached on it and presented to the Sunni forces.”

He added, "The Sunni forces have also approved the amendment of the region’s share, and therefore it will be presented to the House of Representatives for a vote."

He pointed out that "the Kurds did not agree to this amendment and threatened to boycott the voting session on the budget that is supposed to be held today

[Shelley]

the Kurds did not agree to this amendment and threatened to boycott the votingsession on the budget that is supposedto be held today...... Who’s Surprised by this 

[DinarThug]

LINK

Al-Kazemi congratulates Nowruz and Saleh urges a "fair and legal" solution to Baghdad and Erbil problems

 

20th March, 2021

The presidents of the republic, Barham Salih and the ministers, Mustafa Al-Kazemi, on Saturday, congratulated the Kurdish people on the arrival of the Nowruz holidays.

In a statement received by Shafaq News Agency, Saleh called for "resolving the outstanding issues between the federal government and the Kurdistan Regional Government, a fair and legal solution that preserves the rights of Iraqis, including the rights of citizens in the Kurdistan Region, and the adoption of constitutional and legal contexts that leave no room for manipulating the rights of citizens."

The President of the Republic affirmed, “There is no retreat from achieving the people's demands to reform the system of government and curb the scourge of corruption by strengthening the state of institutions, and looking forward to building a capable and capable sovereign state, and holding fair elections on schedule and protecting them from fraud and manipulation to restore confidence to the Iraqis in their constructive role and vision.” For the next stage."

For his part, Al-Kazemi said in a tweet, "We congratulate all of our Kurdish people and Iraqis and all those celebrating the Nowruz holidays." "On this happy occasion, we affirm adherence to the unity of our country and our democratic gains, and we look forward to overcoming economic and health challenges, and for the brotherhood of the Iraqi people of all sects to be a title for a better future,"he added.

###########

Al-Kazemi calls on everyone to join hands to face the difficult challenges  LINK

[DinarThug]

LINK

The US ambassador to Iraq congratulates the people of Kurdistan Region on Nowruz

 

20th March, 2021

On Saturday, the American ambassador to Iraq congratulated the Kurdish people in the Kurdistan Region of Iraq on the occasion of the Nowruz holidays?

Ambassador Matthew Tueller said in a statement received by Shafaq News; "I offer you my warmest greetings on the occasion of Nowruz holidays to the people of the Kurdistan Region of Iraq and to all Iraqis who celebrate it as we celebrate the first day of spring."

"The United States reaffirms its partnership with Iraq and the Iraqi people, and as we look forward to the next year, we remain committed to helping the Iraqi people as they continue to build a secure, stable and prosperous Iraq," he added.

[DinarThug]

LINK

Deputy: The budget is not a subject to negotiation

 

 

 

03/21/2021 13:32:33

 

 

Member of Parliament, Leila Mahdi Al-Tamimi, confirmed today, Sunday, that the budget is not a subject to negotiation.

 

In a statement, Al-Furat News received a copy of it, Al-Tamimi said, "Passing the 2021 budget and reviving narrow personal interests, and the price is paid by the great blackness of our people to bring it to a state of despair and frustration, and then hand over the unknown emir."  

She added, "Since the game of devaluation of the dinar was activated under the pretext that they are solutions that prevent the economic collapse, there has been an actual collapse of the Iraqi citizen's economy and his health system and food security have been threatened, as prices have risen to record levels that have led to a decrease in purchasing power that necessarily leads to raising inflation, poverty and deflation.

Dangerous economic situation in light of the circumstances of the Corona pandemic, which exacerbated our economy's trend towards a devastating recession. 

Tamimi added: "Let the ball move between the Minister of Finance and the Governor of the Central Bank, and behind them are blocks that did not care about what things will lead to, and all of their concern is to obtain special gains at the expense of the future of Iraq." 

She pointed out, "The problem of raising the exchange rate of the dollar, achieving social justice and approving the dues of those who defended the land and the fairness of the due segments are issues that cannot be compromised, and the marathon of dialogues in the postponements of the budget debate and the pressure on the national blocs defending the rights of the citizen is considered a real restriction harmful to the entire public interest." And the people's entitlement." 

She indicated that "the negotiating blocs in the House of Representatives must stop the narrow courtesies and resort to constructive dialogues based on social justice, and I have no arms or a meeting of interests behind closed doors."

Al-Tamimi pointed out that "the budget is not a subject subject to negotiation, and it is not a commodity that some try to market, but rather a law that preserves the dignity of the Iraqi citizen from Zakho to Basra and from Zurbatiyah to the Qaim. Moreover, it is an inevitable issue that must be agreed upon by actions and not by reactions as an urgent necessity for the security of a state and homeland." And a citizen." 
 

The deputy went on to say: "Today, the blatant shattering of consensus has become evident and targeting the citizen, but the people, is very easy to calculate the language of interests and courtesies." Al-Tamimi concluded: "It has become imperative that we stand with the sons of one people with a clear and clear leadership that defends rights and does not trade them, and does not put in its calculations the language of narrow interests and benefits." 

[DinarThug]

LINK

Representative economic: Reducing the price of the dollar does not need to dismantle the budget

 

 

 

14:26 - 21/03/2021

 

Member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily, confirmed, on Sunday, that reducing the price of the dollar does not need to dismantle the budget, indicating that the measures are a sport that needs political understanding.

"The talk about reducing the dollar's price is serious and cannot be undone, and it is supported by many political blocs, and if it is not implemented, the political blocs will boycott the sessions," 

Faily said in a statement to / the information.

He added, "The current price of the dollar has hurt the simple citizen and raised the prices of goods significantly, as it can be reduced mathematically by raising the speculative price of oil in the budget and setting the dollar price at about 1250 per dollar at the very least."

"The budget does not need to be dismantled, but rather it needs to reduce the deficit and raise additional items in the budget, most notably the pressure of government expenditures significantly."

[6ly410]

Member of the Democrat: We rejected the proposal to hand over the region’s budget monthly, not annually

• Time: 03/21/2021 22:25:25
• Read: 1,261 times
• https://alforatnews.com/news/عضو-في-الديمقراطي-رفضنا-مقترح-تسليم-حصة-الاقليم-شهرياً-وليس-سنوياً

Member of the Kurdistan Democratic Party, Imad Bajlan of the Euphrates:

There are those who professes not to agree on the region 's share in the budget  of the
Kurdish delegation rejected some of the blocks proposed to hand over the region 's share monthly not annually and withdrew
Akiem oil province Ststqta of its share of the budget ,
we demand our share within the constitutional maturity is
not the debt of the region , on the contrary is true since 2014 the
other side of Egypt not Rapprochement between Baghdad and Erbil to harm its interests,
the regional government asks Baghdad for four years, with a
delay: The regional government asks Baghdad for four years of debts.
We do not want to reach a "bone-breaking" with Baghdad, and we seek an agreement

[Half Crazy Runner]

2 hours ago, 6ly410 said:

Financial Paradise:

💰💰💰😎🥳🙌🏻

That’s what I’m look for 😁

[DinarThug]

4 hours ago, 6ly410 said:

Central Bank: Corona led to an increase in bad debt by 18%

Posted 50 seconds ago

-21/03/2021

https://iraqakhbar.com/2981834

 

Baghdad - Mawazine News
The Central Bank of Iraq confirmed, on
Sunday, that bad debts increased by 18% due to the outbreak of the Corona virus in 2020.
The Central Bank stated, in a statement
received / Mawazine News / a copy of it, that “its governor, Mustafa Ghaleb, is scary, he participated in a symposium“ Impact
Covid 19 on financial institutions, "organized by the Association of Iraqi Private Banks,
along with the Governor of the Central Bank of Jordan, Ziad Fariz, President of the Bahrain Association of Banks Adnan Yousef, and the President of the Iraqi Private Banks Association,
Wadih Al-Handal, which was attended by a number of Iraqi and Arab specialists and experts."
Frightening confirmed in his intervention, “The
Central Bank of Iraq has taken a series of measures to confront the effects of the Corona virus on the economy,”
noting that the pandemic has led to an increase in bad debts by 18% during the year 2020, which
It requires taking remedies that simulate the facts of the Iraqi reality, especially security and legal.
He explained, "Changing the exchange rate of the dinar against the dollar contributed to enhancing financial sustainability as
a result of the high volume of foreign reserves and the strengthening of public finances, which increases the reliability of investors,
lower production costs, increased competitiveness of local goods, and the balance of payments balance
through a decrease in the volume of foreign imports."
The governor stressed that the biggest challenge is to reinvest the revenues generated from the process of
lowering the exchange rate, which should contribute to building a production base outside the oil sector to act as a
financial lever for the Iraqi economy and rid it of the problem of a single financial resource.
On the other hand, the head of the
Iraqi Private Banking Association , Wadih Al-Handal, said, “The Central Bank of Iraq has taken effective steps to confront
The impact of the Coronavirus, which includes donations to support system" rel="">support the health sector, delaying loan installments,
reducing interest, and increasing loans to move the economy to all small, medium and large enterprises,
in addition to housing loans.
He stressed that the Iraqi banking sector has taken
a series of measures that alleviated the problems that faced its dealers, explaining that the Association
of Private Banks is working with the Central Bank to develop the banking sector.
This symposium comes in light of the international and
local endeavor to find effective solutions that can support system" rel="">support the various sectors to contribute
to sustainable development

 

LINK

Central Bank: Corona led to an increase in bad debt by 18%

 

21st March, 2021

The Central Bank of Iraq confirmed, on Sunday, that bad debts increased by 18% due to the outbreak of the Corona virus in 2020.

The Central Bank stated in a statement that Mawazine News received a copy of, that its governor, Mustafa Ghaleb, is scary, participated in a symposium. Covid 19 on financial institutions, "organized by the Iraqi Private Banks Association, along with the Governor of the Central Bank of Jordan, Ziyad Fariz, President of the Bahrain Association of Banks, Adnan Yousef, and the President of the Iraqi Private Banks Association, Wadih Al-Handal, which was attended by a number of Iraqi and Arab specialists and experts."

In his intervention, fearsome stressed that "the Central Bank of Iraq has taken a series of measures to confront the effects of the Corona virus on the economy," indicating that the pandemic has led to an increase in bad debts by 18% during the year 2020, which requires taking treatments that simulate the data of the Iraqi reality, especially security and legal.  

He explained, "Changing the exchange rate of the dinar against the dollar contributed to enhancing financial sustainability due to the high volume of foreign reserves and strengthening public finances, which increases the reliability of investors, low production costs, increases the competitiveness of local commodities, and the balance of payments balance through a decrease in the volume of foreign imports."

The governor stressed that the biggest challenge is to reinvest the revenues generated from the process of lowering the exchange rate, which should contribute to building a production base outside the oil sector to act as a financial lever for the Iraqi economy and rid it of the problem of a single financial resource.

On the other hand, the head of the Iraqi Private Banks Association, Wadih Al-Handal, said, "The Central Bank of Iraq has taken effective steps to confront the impact of the Corona virus, including donations to support the health sector, delay payment of loan installments, reduce interest, and increase loans to move the economy to all small, medium and large enterprises in addition to Housing loans." 
 

He stressed that the Iraqi banking sector has taken a series of measures that alleviated the problems that faced its dealers, explaining that the Association of Private Banks is working with the Central Bank to develop the banking sector.

This symposium comes in light of the international and local endeavor to find effective solutions that can support the various sectors to contribute to sustainable development. 

[6ly410]

Parliamentary Finance: The central bank will appeal the budget if Parliament changes the current exchange rate

Economie | 10:36 - 21/03/2021

 

https://www.mawazin.net/Details.aspx?jimare=146514

 

Parliamentary Finance: The central bank will appeal the budget if Parliament changes the current exchange rate

[DinarThug]

6 minutes ago, 6ly410 said:

Member of the Democrat: We rejected the proposal to hand over the region’s budget monthly, not annually

Wtf - Why Is He Wearing That Ridiculous ‘Picnic Table Cloth’ Folded Up On Top Of His Head ?

 

Is That A Bro’s Thing ...

 

     

 

 

 

[6ly410]

-

[6ly410]

Iraq news now

Al-Saffar reveals what the parliament’s finance voted on, regarding the region’s oil

Posted 31 seconds ago

https://iraqakhbar.com/2982350

News source / Al Furat News

News source / Al Furat News

{Baghdad: Al Furat News} The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed, on Sunday, what the Parliamentary Finance voted on regarding the amount of oil in the region

 

Al-Saffar said in a television interview that "the vote within the Finance Committee was on the delivery of 460 thousand barrels per day, and that some blocs requested the addition of a text in the budget in the event that the region does not adhere to the benefits," noting that "the budget is for the entire country and not for a specific category."

He added that "the provincial quotas, jobs and the exchange rate caused some blocks not to enter the parliament hall."

Raghad Daham

[6ly410]

 

Parliamentary Finance: The central bank will appeal the budget if Parliament changes the current exchange rate

Posted 36 seconds ago

https://iraqakhbar.com/2982345

News source / Mawazine News

 

News source / Mawazine News

Economy

|  
10:36 - 21/03/2021

Parliamentary Finance: The central bank will appeal the budget if Parliament changes the current exchange rate

[Laid Back]

“Interior Ministry confirmed on Saturday that the decision of Prime Minister Mustafa Kazemi, exempting the citizens of 37 countries from visa entry visas to the country, came to stimulate investment and support system" rel="">support the national economy”

 

Open market economy is coming.

 

Go Iraq 

Go open market economy 

Go RV

[6ly410]

gooooooooo RVVVV

[6ly410]

Al-Saffar reveals what the parliament’s finance voted on, regarding the region’s oil

• Time: 03/21/2021 22:34:20
• https://alforatnews.com/news/الصفار-يكشف-ما-صوتت-عليه-المالية-النيابية-بخصوص-كمية-نفط-الاقليم

{Baghdad: Al Furat News} The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed, on Sunday, what the Parliamentary Finance voted on regarding the amount of oil in the region

Al-Saffar said in a television interview that "the vote within the Finance Committee was on the delivery of 460 thousand barrels per day, and that some blocs requested the addition of a text in the budget in the event that the region does not adhere to the benefits," noting that "the budget is for the entire country and not for a specific category."

He added that "the provincial quotas, jobs and the exchange rate caused some blocs not to enter the parliament hall."

Raghad Daham

 

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