Al-Sudani: All possibilities are contained in adjusting the exchange rate of the dollar

[6ly410]

Prime Minister: The budget must be in line with the government programme

Tuesday 31 January 2023 22:38 |PoliticalViews: 175

Prime Minister: The budget must be in line with the government program (ninanews-com.translate.goog)

Baghdad /Nina/ Prime Minister Mohammed Shia Sudani: "The budget must be in line with the government program and there are projects according to our priorities included in the budget." Al-Sudani said in a televised statement: "We have put real reforms in the 2023 budget."

He added: "The delay of the budget has several reasons, and I do not want it like previous budgets." End9
 

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What about the dollar and appointments? Full text of the first television interview with Al-Sudani

 

 

Al-Eqtesadat News - What about the dollar and appointments? Full text of the first television interview with Al-Sudani (economy-news.net)

   

 

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Economy News-Baghdad

Prime Minister Mohammed Shia Al-Sudani confirmed today, Tuesday, that Iraq's financial situation is at its best, reassuring citizens that the dinar is the strongest, and while he pointed out that all possibilities are contained in the exchange rate adjustment, which will discuss the subject of its fluctuations during the visit of an Iraqi government delegation to Washington soon, the government's position on the appointments file in the 2023 budget was resolved, stressing at the same time that the decision to release the accused Nour Zuhair in the case of tax secretariats was not governmental and there are official influential bodies in the government The former is involved in the case, while stressing that security and sensitive positions and positions are outside any investment or political interference and are not subject to quotas.

Prime Minister Mohamed Shia Al-Sudani said in an interview with the official channel and followed by "Economy News" that "fluctuations in prices were not the result of a decision by the government, parliament or the Central Bank," noting that "the official rate in the Central Bank is now 1460 and sold in private banks 1470 and not as the same decision that was taken in the 2021 budget, where the conditions were difficult, and in order for the government to secure the amounts required for salaries, this request was made to raise the exchange rate from 1182 to 1450, so prices rose, At the time of raising the dollar, it was a decision of the government and the approval of parliament, but now there is no government decision to raise the exchange rates of the dollar."

Al-Sudani explained the reasons for the fluctuations in the exchange rate as "due to international standards and with regard to the relationship between the Central Bank, the US Federal Reserve and the US Treasury Department, and there was an agreed mechanism to control the movement of funds called (compliance standards) of the global banking system, a memorandum signed with the Central Bank two years ago to proceed with these procedures so that the central transfer system is through an electronic platform and is audited," indicating that "the procedures were not at the required level in terms of qualifying banks." by the central bank and the previous government, and private banks and traders were supposed to be prepared for this method."

"The Iraqi merchant refrains from going to obtain an import license, open a documentary credit and pay the tax, but rather goes to an exchange company to transfer the money to a certain country and then gets the goods," he said.

"We always talk about the existence of forged invoices and the exit of money abroad through smuggling, and this is a reality," al-Sudani said, surprising "imports of up to $ 300 million per day."

"This explains that the currency was smuggled abroad, and this was a chronic problem years ago," he said, wondering, "What has stopped life, changed or lost in the markets? Except for the rise in prices in some materials, during the central bank's sale of 30, 40 or 50 million dollars a day, and previously it sold 300, 200, 250 million."

"These funds used to come out with forged invoices, as the previous invoices for importing iron covered the whole of Iraq, but these quantities did not enter the country," he said.

"This explains that the currency was smuggled abroad, and this was a chronic problem years ago," he said, wondering, "What has stopped life, changed or lost in the markets? Except for the rise in prices in some materials, during the central bank's sale of 30, 40 or 50 million dollars a day, and previously it sold 300, 200, 250 million."

"These funds used to come out with forged invoices, as the previous invoices for importing iron covered the whole of Iraq, but these quantities did not enter the country," he said.

He added, "The case of proving forgery or smuggling, and in order to prove it legally and issue a judicial order that needs procedures, we hear about allegations of funds transferred to the Kurdistan region and from the region to neighboring countries, and we have been talking with the president of the region in this regard and must cooperate in it."

The Prime Minister stressed that "the government has formed specialized security teams in all places, roads and ports, and sonars have been installed in the controls to detect currency smuggling operations," explaining, "The government is serious about measures to prevent currency smuggling, and at the same time reassure the citizen that Iraq's financial situation is in the best cases, and we have a balance, revenues, rounded and budget, and we have the ability to buy any material."

Solutions to higher prices

He continued, "He directed the Ministry of Trade to exercise its role in importing materials, and there is a committee working for more than a week to import any material needed by the Iraqi market and descend at the official cost price of the dollar," pointing out, "The measures of rising prices will be controlled by the actions of the government and the Central Bank concerned with monetary policy."

He continued, "The government will return the price of the dollar to its official status with the habituation of traders and businessmen to the correct trade (legitimate), but who works otherwise his trade is illegal and meetings with businessmen continue and on a weekly basis to solve problems and overcome obstacles in front of them," noting, that "the Ministerial Council of Economy takes decisions weekly to prepare traders, and this preparation is supposed to have been achieved years ago by the Central Bank to accustom traders to the new mechanism," indicating, that "the current government is working on put traders in the official right way."

Al-Sudani said: "I assure the citizen not to acquire the dollar, the dinar is the strongest," explaining, "The decision to replace the governor of the Central Bank and the director of the Iraqi Trade Bank was done in a systematic and thoughtful manner and not hasty or emotional, which is within the curriculum followed in the course of our work in the application of the government curriculum, and we will never stop at any official."

He stressed that "any official who does not provide solutions to problems is changed," explaining that "changes are continuous in all joints of the state, starting with the minister down to the agent, to the adviser, to the governor, to the head of the authority or the general director, anywhere, and there are no red lines."

He added, "The government has granted 3 months to all general managers in the state and the term will expire, and we started the evaluation process and gave us 6 months since the beginning of the vote on the government program for the current ministers, as for the agents and governors, we have also given them 6 months and there will be a scientific professional evaluation based on indicators and there are follow-up committees, and we will announce the results of the evaluation even if the situation requires the replacement of 100 employees according to the exemption order for the evaluation results, and it has been proven that these are unable to take responsibility."

Al-Sudani stressed the possibility of "changing ministers in his government," explaining, "So far the picture is not complete, but within 6 months all ministerial cabinets will be subject to evaluation."

Official delegation visits Washington

The Prime Minister announced that "a high-level Iraqi delegation will visit Washington on the seventh of next February to discuss more than one file, including discussing the fluctuations in the price of the dollar and its mechanism followed according to the new standards."

He stressed that "the number of remittances is increasing over time, as traders began to adapt to the new mechanism as the trader is looking for the official price to import his goods and at the same time there is a possibility to buy his goods from the citizen, and I am reassured that the process will proceed properly despite the presence of painful measures that caused concern, but the real reform of the banking and economic system and to preserve public money and prevent it from smuggling and money laundering This is the right way, and the world is going this way and there is not a single dollar coming out of the country except in its right place," he said, pointing out that there are goods entering the country at unreasonable prices with the aim of taking the currency out of the country, and this must stop.

Government Curriculum

He pointed out that "the priorities of the government curriculum are 5 titles, and one of the most important of those titles is the fight against poverty, and after three months of the government's life, we have achievements to talk about in combating poverty, including:

First: The launch of the social research process, which targets one million seven hundred thousand applications submitted for the purpose of inclusion in the social protection network, and this number is not small in the history of Iraq and social protection.

Second: Granting a special food basket in quantity and quality to those covered by the social network, which was prepared for the month of January of this year and will continue and is part of the ration card reforms.

Third: The budget law will include granting additional cash subsidies that will be distributed to the families of the poor to complete their children's studies in schools and colleges without the prescribed salaries, noting that "these measures come to confront poverty with more than one dimension (living, income, food and education), as well as providing services in poor areas.

Service Effort and Housing Projects

He continued, "The service effort campaigns are concentrated in poor places to improve the reality of services in those areas," stressing that "housing projects will have the largest share for the poor."

He pointed out that "the solution to the housing crisis lies in building integrated cities according to a long-term economic situation that will not burden the citizen in payment, and will be granted to categories for free and other categories in installments over a period of time so that the citizen receives a housing unit in a city that contains decent services, and there is continuous work for three months with the Ministry of Municipalities and Housing and major investors who are able to build these cities in Baghdad and the provinces, and the project will be started soon," pointing out, "The issue of housing in Iraq will witness solutions True according to the vision of building integrated cities that are available to poor citizens and middle-income people."

The Prime Minister confirmed the agreement with the International Finance Corporation to rehabilitate Baghdad International Airport.

Regarding the achievements of the service effort, Al-Sudani pointed out that "the effort has achieved fast and important services and is moving towards important service contracts, as it entered unserved and populated areas, and we started implementation with simple capabilities, as part of the budget of the Prime Minister's Office of 70 billion dinars was transferred to the effort team, and 15 billion of them have been disbursed so far for projects submitted to deprived areas," explaining that "the next budget will allocate a financial amount of at least 800 billion dinars for this project, except for projects." provided by the provinces."

Budget File

Regarding the general budget for next year, Al-Sudani stressed that he "wants a budget that is compatible with the government program and not like the previous budgets that were approved, as it is not reasonable to put a program and priorities and the budget in another valley," pointing out, that "all previous mistakes were the incompatibility of the budget with government programs."

He pointed out that "there are clear projects within the priorities set within the general budget and this is the first point, and the second is to address many problems throughout the past period, which are related to contracts, wages, installation, etc., and these cost calculations must be included within the budget, and the third is to develop real reforms and important funds have been established, including a fund for the poorest governorates and the Iraq Fund for Development, which we rely on in a real development renaissance to solve the problems of housing and schools, and these things need to be studied to provide a budget that meets what we promised. It is our masses and our people."

Regarding determining the exchange rate in the budget, Al-Sudani stressed that "the decision is taken according to the tracks and the economic situation in the country, indicating that "all possibilities are contained in the exchange rate adjustment."

Appointments file

The Prime Minister pointed out that "lecturers have been in schools voluntarily for years and without pay, and then they were transferred to Resolution 315 by previous governments, and they began to work in this pattern as contracts, and in the budget law for the year 2021, it stipulated that those who have 5 years of contractual service are fixed on the permanent staff, while in the Food Security Law, the years of contractual service have been reduced to two years and above, and there are those who have more than five years and a financial allocation. demands that the law be enforced."

He explained that "the previous government asked the ministries to raise the lists of those eligible for confirmation in accordance with the Food Security Law," explaining, "The current government took the decision to install contracts without hesitation, but at the same time we stopped appointments, whether in the form of contracts, wages or even volunteer work."

He continued, "Any official government body that issues an order to appoint contracts or wages contrary to the announced decision is referred to the investigation," stressing, that "in the budget law, the appointment will be suspended until further notice, except for medical gradation, indicating that "the government solved problems for employees who have a legal basis with a financial allocation set by the competent ministry and finance accordingly, the decision to install was taken."

Deal of the Century

Al-Sudani pointed out that "the issue of theft of tax secretariats (theft of the century), a follow-up by me when I was a deputy, that is, before I was prime minister and I have its priorities and I hoped that it would be opened while I was in the government," pointing out, "This file was opened in the time of the previous government."

He continued, "The rest of the defendants liquidated their money and fled, except for the accused Nour Zuhair, who was arrested during his attempt to escape," explaining, "The decision to arrest or release him was not a government decision, but rather the judiciary."

He stated that "the recent dialogue published with the judge of the Karkh Investigation Court, which specializes in integrity issues, Diaa Jaafar, was a courageous dialogue and explained the dimensions of the case specifically," pointing out, "The uproar raised about this accused, the largest part of which has contrived dimensions, while the other part came to enhance the citizen's reassurance about the past procedures in the case."

He stated that "Nour Zuhair is the black box, and he is now under the grip and disposal of the judiciary in the investigation and recovery, as the money he stole distributed to a group of influential politicians, banks, personalities and media," pointing out that "upon his release, he began the process of recovering his money, to return it at the same time to the state."

He continued, "These politicians, media and banks denied the existence of funds with them," explaining, "There are influential official bodies in the previous government involved in the case, and the papers and names will be revealed soon by the judiciary."

He pointed out that "some of them began to return the money in the form of payments, which are delivered to the judge, and the first payment was initiated," explaining that "the uproar raised by some about his release came because it is not in the interest of these people that Nour remains in prison so as not to demand the money."

He pointed out that "Nour Zuhair is accused of stealing one trillion and 600 billion, and it is in the interest of the government to return these amounts," noting that "I support the decision of the judiciary and encourage and support it in recovering funds and holding the accused accountable, as the procedures are clear and are carried out with all transparency."

He stated that "the government will not leave the rest of the wanted in the case, and there is a specialized team of security services that is chasing them inside and outside Iraq and they will be recovered," pointing out that "we have now circulated in Interpol arrest warrants in all countries, where we went to France and signed an agreement with the French Anti-Corruption Agency."

He pointed out that "Iraq is part of the United Nations Convention against Corruption, as when we are a party to the Convention at the level of the United Nations, it is the duty of each country to extradite the wanted," pointing out, "Our fixed axes in any meeting with any official who comes from abroad is to take measures in the fight against corruption, including the extradition of wanted persons and smuggled funds."

He stressed that "there is no criminal far from the hands of justice and will be reached anywhere," pointing out, that "there are employees involved in the case and they are the ones who provided facilities with Nour Zuhair, who took advantage of the chaos of the state, and 3 trillion and 700 billion dinars were stolen."

He pointed out that "the laxity in protecting public money is what encouraged theft," pointing out, "There are 5 well-known companies involved in the case, through receipts submitted to the judiciary."

He pointed out that "the government previously contracted with an international company to audit guarantees, to verify the stolen amount," pointing out, "The issue of combating corruption is an irreversible decision and work is continuing on it, as the latest of which was the arrest of a network in the tax related to the issue of the deal of the century."

Anti-Corruption

He stated that "our procedures in the fight against corruption are legal and studied and supported by documents and documents that are investigated and the accused is arrested with evidence," noting that "we have started a qualitative procedure is the disclosure of financial disclosure according to the principle of where did you get this."

He continued, "The law will be amended to include anyone who has become unnaturally wealthy by checking his money," explaining, "The money that is stolen is at the disposal of those close to the accused, as the former director of the Tax Authority, who was recently arrested, turned out to have 11 properties in the name of his wife, because of theft, and there are investigations for everyone suspected of involvement in theft."

"Corruption is the real threat to the Iraqi state after ISIS, as it disrupts services and all projects and programs," he said, calling on citizens to "cooperate with regulatory bodies in providing real information and not information of defamation, misinformation and falsification, which distract effort and time and cause a backlash, because many honest employees address responsibility, but they fear defamation campaigns led by some corrupt people."

He stressed that "there are websites, pages and media channels whose mission is to blackmail officials," pointing out, "The Integrity Commission addressed all satellite channels through the Media and Communications Commission and informed them of the presence of an investigator in each satellite channel in order to collect corruption files revealed by officials in those channels."

He pointed out that "Iraq needs a popular and national campaign against corruption, as it is a serious scourge that threatens the state."

Funicular

Al-Sudani stressed that "the Iraqi citizen is tired of talking about the Baghdad metro and the funicular," explaining that "this project is stalled despite the fact that its designs and study are complete."

He stressed that "the issue of the funicular train has been resolved, through an agreement to hold talks between a team from the company concerned and a team from the government to agree on the price," explaining, "In the event of disagreement on the price, a consulting company will be resorted to evaluate the final price in order to include it in the budget."

He pointed out that "our visits are carried out according to an agenda that is properly prepared, which includes the interest of Iraq and the other side so that the citizen can touch it."

Associated gas

He stressed that "the largest number in the budget was allocated to salaries, followed by the electricity sector, because we allocate from 8 to 10 trillion dinars to import gas, when investing the associated gas and filling the need, the amounts allocated to this sector will go to other projects such as housing, health, education and others," explaining, "The gas investment file is the first for me, and there is a personal follow-up by me."

"This project includes financial abundance and job opportunities," he said.

Faw Port

The Prime Minister stressed that "the port of Faw is continuing to be implemented, and this year the implementation rates will be accelerated," noting that "from now on we have started thinking about how to operate the port."

He pointed out that "we are communicating with international companies to complete the port and operate it according to modern management," explaining that "our meetings are continuing with the consulting company and the Turkish side to reach an agreement and extend a railway."

"Two days before I went to France, I met with the consulting company and the paths were determined and the project was fully delivered with the aim of agreeing with the executing company," he said, noting that "all these projects are strategic and will change the reality of the economy in Iraq."

He pointed out that "we are working actively and resolutely in strategic economic projects that make a qualitative leap," noting that "there is an army of specialists and experts working on this."

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Views 243

Added 2023/01/31 - 10:57 PM

Update 2023/02/01 - 1:31 AM

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[6ly410]

Buy the dinar, it's stronger'

A new statement from Al-Sudani on the dollar crisis

2023.01.31 - 17:16

A new statement from Al-Sudani on the dollar crisis (nasnews.com)

 

  

Baghdad – Nas  

Prime Minister Mohamed Shia al-Sudani has vowed to restore the dollar's exchange rate to its original rate.  

  

  

  

Al-Sudani said in excerpts of an interview with colleague Karim Hammadi, scheduled to be broadcast on the official channel today, (January 31, 2023), that "the Iraqi dinar is the strongest and citizens should not acquire the dollar, but the dinar," indicating, "We will seek to return the dollar to its original price, and we will accustom traders and businessmen to legitimate trade."  

  

He added, "Our decision to provide a housing unit in a full-service city," noting that "any official who does not provide solutions to any problem we will tell him (Tawakkul)."  

  

He pointed out that "Iraq does not need combat forces," noting that "within the budget law there are cash subsidies that will go to poor families."  

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Expert: Two possibilities behind Sudan's description of the dinar as "stronger" than the dollar

 

Economy | Yesterday, 19:54 | 

Expert: Two possibilities behind Sudan's description of the dinar as "stronger" than the dollar » Baghdad Today News Agency

    

 

Baghdad Today - Baghdad

Economist Ahmed Saddam on Tuesday outlined two explanations for Prime Minister Mohamed Shia al-Sudani's description of the dinar as "stronger" than the dollar.

Saddam said in an interview with (Baghdad Today) that "the talk of Prime Minister Mohammed Shia Sudanese that the dinar is stronger than the dollar, two things are likely, the first lies in an expected decision that may reduce the dollar against the dinar, i.e. less than 146, and the last matter is related to a media issue to restore confidence in the dinar and the issue of dealing with it, and this is something that may reflect positively on the decline in dollar prices against the dinar."

He added that "the Sudanese talk wants to reduce the demand for the dollar, especially from informal traders who do not go to the window of selling currency, but go to exchange companies (parallel market)," noting that "going and the demand for the dinar means reducing the demand for the dollar and here it will decrease because the increase in demand is the one who contributed to the increase."

He added that "irregular traders, who amount to 70% of the number of traders, went to exchange offices that have no control over them, and therefore the demand for dollars in the currency auction decreased from previously $ 180 million, and today the demand has reached 50 million, so it shows that there is no going to the government window to sell dollars."

Prime Minister Mohammed Shia al-Sudani had earlier said that the Iraqi dinar was "stronger" than the dollar, while urging citizens not to buy dollars.

 

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Al-Sudani reveals an overview of the 2023 budget: changing the price of the dollar is "possible"

 

Economy | Yesterday, 22:32 | 

Al-Sudani reveals a brief about the 2023 budget: changing the price of the dollar "is incoming" » Baghdad Today News Agency

    

 

 

Baghdad Today - Baghdad

 

Today, Tuesday, Prime Minister Mohamed Shia Al-Sudani revealed an overview of the 2023 budget, while indicating that changing the price of the dollar is "possible."

Al-Sudani said during a televised interview, which was followed by (Baghdad Today): "We have dealt with many files during the past period, including contract and wage employees."

He added: "We have put real reforms in the 2023 budget," noting that "all possibilities are contained in adjusting the dollar exchange rate."

Al-Sudani pointed out: "We stopped appointments, whether contracts, wages, and even volunteer work in the budget."

Anti-Corruption

"Recovering funds is a priority in the fight against corruption," he said, noting that "the decision to arrest and release Nour Zuhair is not a government decision, but a judge's decision".

He explained that "the accused Nour Zuhair distributed his money to a group of influential people, including politicians and media as well as banks," adding that "the judiciary will reveal the names of those accused of stealing the century, and there are arrest warrants against those accused of stealing tax trusts."

Follows...

 

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Urgent Sudani reveals in detail the dollar crisis and opens the {black box} to steal the century

•  Time : 2023/01/31 23:08:00
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• Sudani: Price fluctuations were not a governmental, parliamentary or central bank decision - Al-Furat News (alforatnews.iq)

  

{Political: Al-Furat News} The Prime Minister, Mohammed Shia Al-Sudani, revealed in detail the crisis of the rise in the exchange rate of the dollar against the Iraqi dinar, pointing to "new information about the theft of tax trusts, which has become known as {theft of the century}.

 

Al-Sudani said in a televised interview: "Price fluctuations were not a governmental, parliamentary or central bank decision," noting that "the official rate of the dollar is still 1450 dinars in the central bank."
"Two years ago, the central bank signed a memorandum with the US Federal Reserve regarding monitoring the dollar," he said, explaining that "the dollar is available and available at the official rate for every businessman and citizen."
Al-Sudani pointed out that "the dollar of the currency auction was smuggling abroad and with fake invoices for goods and goods and in exaggerated quantities," adding, "We hear about the smuggling of money and its transfer to Kurdistan and from there to neighboring countries, and I spoke with the President of the Kurdistan Regional Government regarding the smuggling of money and the need to cooperate on this file."
"Iraq's financial situation is at its best, and we ordered the Ministry of Trade to buy any material needed by the market and we do not worry about high prices and we will control them," he said.
"We are determined to re-exchange the dollar to its official rate and we meet with businessmen every week to find out their problems and the reasons for not resorting to official trade," he said, noting that "this work was supposed to be two years ago to prepare traders on the official floor."
He criticized the central bank "for not doing what is required with the US Federal Reserve," revealing "the visit of a high-level Iraqi delegation to Washington on February 7 to discuss the issue of the dollar," noting that "there is no visit to Washington in the near horizon."
Al-Sudani pointed to "the high sales of cash to the Central Bank and the situation is in the right way," revealing "goods that were entered with invoices and illogical prices aimed at taking the currency out of Iraq."
The prime minister called on "citizens not to buy the dollar and the dinar is the strongest," he said.
He noted that "the changes in the Central Bank and the Iraqi Trade Bank are well thought out and we will not stop at any official who does not provide solutions to the problems and the changes are continuing."
"There are no red lines to change any of the ministers, and we are ready to change up to 100 officials, and within 6 months my government will be subject to evaluation," he said.

The Prime Minister said: "One of the priorities of the government's curriculum is to combat poverty, and we have launched a social research operation targeting one million and 700 thousand applications for the purpose of covering the social protection net, and a special food basket has been given to those covered by the protection network and it will continue."
He explained that "the basket is part of the ration card reforms, and there will be additional cash subsidies for the children of the families of the poor to complete their studies in the budget law."
Al-Sudani revealed "the government's determination to build integrated cities to solve the housing crisis in which full services are available," noting that "the solution to the housing crisis lies in building integrated cities according to an economic model adopted by the government."
"Free units will be granted to categories and others in installments with time periods, and we in Baghdad and the provinces have determined the construction of integrated cities, and soon we will start the project," he said.
He stressed that "these cities will not burden the citizen with payment, and we will give housing to some groups for free."
He pointed out that "there is a crisis of confidence between the citizen and the official because of the many promises and their failure to implement them on the ground."
Al-Sudani revealed "an agreement with the World Bank to develop and rehabilitate Baghdad airport in accordance with international standards."
The prime minister attributed "the delay of the Council of Ministers in sending the budget to parliament for several reasons, including the government's desire to formulate the budget according to its ministerial program," revealing "the establishment of funds in the budget between them for the poor and the development of Iraq."
He pointed out that "all possibilities are contained in the adjustment of the dollar exchange in the budget," pointing to "the suspension of contracts and new budget appointments for further notice and even volunteer work."

On the issue of theft of tax trusts known as "theft of the century", the Prime Minister revealed new information.
Al-Sudani said, "The main defendant in the case {Nour Zuhair} distributed money to voters and media," noting that "the recent courageous dialogue of the judge of the Karkh Investigation Court, Diaa Jaafar, was clear and showed the dimensions of the case in particular."
He added that "the recent uproar raised about the accused Nour Zuhair part of it is contrived," noting that "{Zuhair} distributed his money to a group of influential people, including politicians and media as well as banks."
The Sudanese accused {Nour Zuhair} promised that it is "the black box to steal the century", noting that "the judiciary will reveal all the names of those involved in the theft of the century, including politicians."
"The accused Zuhair took advantage of the chaos of the state by stealing tax deposits, and we are pursuing 5 well-known companies involved in stealing the century," he said, adding, "There are employees who helped the accused Nour Zuhair while they are detained."
He stressed that "the extradition of wanted persons and the recovery of funds are the focus of our relations with the countries of the world," announcing "the formation of a specialized team of security services to hunt down all those involved inside and outside Iraq."
The prime minister stressed that "the fight against corruption will not be subject to courtesy with any political party and the fight against corruption is an irreversible decision."
He revealed that "a network in the tax authority has been arrested" and that "the measures taken in the fight against corruption are well thought out."
"We have an amendment to the 'where did you get this' law and include anyone who gets unnaturally rich," he said.
Al-Sudani considered "corruption as the real threat to the Iraqi state after ISIS," noting that "corrupt people are leading defamation campaigns and blackmail of officials," stressing, "We need a popular and national campaign against corruption."
"My meeting with the State Administration Coalition is discussing general issues and I have not received partisan, political or private interest requests," he said.
He stressed that "all security and civil positions are outside any political interference," stressing that "the appointments of the security services are made through purely professional procedures."
The prime minister denied "appointing relatives and relatives in any position", saying the accusations were "aimed at confusion and we will not listen to them".

Regarding the presence of the international coalition forces in Iraq and the future of the relationship with them, the commander-in-chief of the armed forces said: "Iraq does not need foreign combat forces and our forces are ready to face any threat."
"We need to arrange the shape of the relationship with the international coalition, and the current government is holding a dialogue, and there is a security team that will soon reach a final formula that regulates the form of the international coalition's presence," he said.
He stressed that "we signed memorandums of understanding with countries different from previous ones," revealing that "the visit of a German official delegation to the capital Baghdad in less than a month to attend the signing ceremony of important projects in the field of energy, and we will also sign a memorandum of understanding with GE."
"A large number of French companies have investments in Iraq, and we have settled the funicular project in Baghdad and it will be included in the budget," he said.
Al-Sudani revealed that "8-10 trillion dinars are allocated annually in the budget to import gas for electricity, so the gas investment file has become a priority for us and will provide job opportunities and financial returns."
On the Faw Grand Port project, he said: "The port will witness accelerated implementation rates during the current year, and we have contact with international companies to complete the requirements of the project."
He added that "the consulting company has drawn the path of rail connectivity for the port of Faw, and we are communicating from now with companies to operate it after its completion."
"We are working on strategic projects that make a qualitative leap," al-Sudani concluded.

 

 

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Al-Rikabi: The Iraqi economy is in shock and the rise in the dollar is a prominent challenge to the Sudanese

•  Time : 2023/01/31 22:34:29
•  
•  Al-Rikabi: The Iraqi economy is in shock and the rise in the dollar is a prominent challenge to the Sudanese - Al-Furat News (alforatnews.iq)

  

Independent MP Adel al-Rikabi confirmed the Iraqi economy in shock, while describing the rise in the dollar exchange rate as a "prominent challenge to the Sudanese government."

 

Al-Rikabi said for a program {without accusation} broadcast by the Euphrates satellite channel on Tuesday evening, that: "Smuggling and thefts stand behind the rise in the dollar exchange rate, as many imports are not really smuggled abroad and the US Federal Bank's audit of transfers has become different."
He added that "8 percent of Iraq's needs come from imports, and the delay in official port procedures led small traders to buy it from the market, which made a conflict in currency prices."
Al-Rikabi continued, "The Iraqi economic situation has been shocked and needs measures, and through the visit of the Governor of the Central Bank of Iraq, Ali Al-Alaq, to the Parliamentary Finance Committee, we learned that there will be a visit within the next two days to Turkey to meet with the US Federal Reserve, as well as a visit on February 8 to Washington."
He suggested "increasing the outlets for selling currency to alleviate the existing crisis," noting that "the rise of the dollar is not the most prominent challenge facing the Sudanese, but now it touched the citizen's livelihood, so it emerged on the scene, so the economic challenge is still the largest and services, and it must solve the dollar problem with a real understanding with the Americans."
Al-Rikabi continued, "The government has now begun measures to limit the rise of the currency and are optimistic about the next, as this government came through the political consensus of the state alliance and the vast majority of Kurds and Sunnis, and the political circumstance is ripe for the success of the government and the challenges that have emerged now can overcome it."
Regarding the problems of the center and the region, Al-Rikabi explained, "There is a major structural defect between the governments of the center and the region, and there is no credibility for the two parties to solve the outstanding problems between the two parties, and the region refrains from paying what it owes to Baghdad, and the parliament's vote to send money to the region is a legal violation and the relationship between the two parties should be determined by a clear and mandatory legal text."
"If the Santellico system goes ahead, it will be difficult for the individual nomination of independents and the favor will be for large blocs, and there must be another solution with this amended law," Rikabi concluded.

[6ly410]

Sudanese criticizes his predecessor's policies on the dollar: they were not at the required level

Sudanese criticizes his predecessor's policies on the dollar: they were not at the required level - Shafaq News

2023-01-31 12:09

 

On Tuesday, Prime Minister Mohammed Shia al-Sudani criticized former Prime Minister Mustafa Al-Kazemi's policies on the dollar rate, describing them as not at the required level.

Al-Sudani said in an interview with the state-owned Al-Iraqiya channel, which was followed by the Shafaq News Agency, that "the measures of the Central Bank and the previous government were not at the level required to maintain the price of the dollar."

 

 

 

He added, "There is no decision to raise the exchange rates of the dollar," noting that "the official rate of the dollar is still 1450 dinars in the Central Bank of Iraq."

He added that "the dollar is available and available at the official rate for every businessman and citizen, and that international standards have led to a rise in exchange rates, and this is a memorandum signed with the Central Bank two years ago."

"These standards are to control the movement of money and the previous government and the procedures of the central bank and banks were not prepared for these standards," he said.

"Smuggling currency out of Iraq is a reality and this has been a chronic problem for years," he said.

[keylime]

1 hour ago, 6ly410 said:

Expert: Two possibilities behind Sudan's description of the dinar as "stronger" than the dollar

 

Economy | Yesterday, 19:54 | 

Expert: Two possibilities behind Sudan's description of the dinar as "stronger" than the dollar » Baghdad Today News Agency

    

 

Baghdad Today - Baghdad

Economist Ahmed Saddam on Tuesday outlined two explanations for Prime Minister Mohamed Shia al-Sudani's description of the dinar as "stronger" than the dollar.

Saddam said in an interview with (Baghdad Today) that "the talk of Prime Minister Mohammed Shia Sudanese that the dinar is stronger than the dollar, two things are likely, the first lies in an expected decision that may reduce the dollar against the dinar, i.e. less than 146, and the last matter is related to a media issue to restore confidence in the dinar and the issue of dealing with it, and this is something that may reflect positively on the decline in dollar prices against the dinar."

He added that "the Sudanese talk wants to reduce the demand for the dollar, especially from informal traders who do not go to the window of selling currency, but go to exchange companies (parallel market)," noting that "going and the demand for the dinar means reducing the demand for the dollar and here it will decrease because the increase in demand is the one who contributed to the increase."

He added that "irregular traders, who amount to 70% of the number of traders, went to exchange offices that have no control over them, and therefore the demand for dollars in the currency auction decreased from previously $ 180 million, and today the demand has reached 50 million, so it shows that there is no going to the government window to sell dollars."

Prime Minister Mohammed Shia al-Sudani had earlier said that the Iraqi dinar was "stronger" than the dollar, while urging citizens not to buy dollars.

 

The Dinar "STRONGER than the dollar"?!

Either this guy is as dumb as Biden (which is impossible) or......

He knows something we don't.

Yet!

 

[JonnyV]

6 minutes ago, keylime said:

The Dinar "STRONGER than the dollar"?!

Either this guy is as dumb as Biden (which is impossible) or......

He knows something we don't.

Yet!

 

 

He knows something we don’t.  I think he let the cat out of the bag for this week.  We will see soon enough. 

[Engine1]

21 minutes ago, keylime said:

The Dinar "STRONGER than the dollar"?!

Either this guy is as dumb as Biden (which is impossible) or......

He knows something we don't.

Yet!

 

I really hope he isnt as dumb as biden (did you notice no capital b ,,, he doesn't deserve one) I hope he is smart and knows something we dont know.    

[Laid Back]

The kuwaití dinar $3,28 is stronger than the dollar.

The Bahrain dinar $2,65 is stronger than the dollar

The Jordanian dinar $1,41 is stronger than the dollar

 

Iraq has more oil and foreign currency reserves.

 

 

Go Stronger dinar

Go Stronger dinar

Go Stronger dinar

 

 

 

 

 

[yota691]

Al-Sudani: All possibilities are contained in adjusting the exchange rate of the dollar

Iraq  2023/02/01

 

 

 Baghdad: morning

Prime Minister Muhammad Shia al-Sudani reassured the citizens that the dinar is the strongest and that Iraq's financial situation is in its best condition, and while he pointed out that all possibilities are contained in adjusting the exchange rate, which will discuss the issue of its fluctuations during the visit of an Iraqi government delegation to Washington soon, he indicated that official authorities are in force In the previous government, it was involved in the issue of tax secretariats, stressing that security and sensitive positions and positions are not subject to quotas.

 

Al-Sudani said, in an interview with Al-Iraqiya Al-Akhbariya: “The establishment of the Gulf Championship 25 and our team winning the cup is a great joy and the result of the effort of a team from the Council of Ministers that took important decisions within 52 days,” noting that “one of the features of the success of the tournament is the mass cohesion between the Arab brothers and our people, especially the people Basra.

 

Dollar rise

Regarding the rise in dollar prices, the prime minister explained that “the fluctuations in prices were not the result of a decision by the government, parliament, or the central bank,” attributing the reasons for the fluctuations in the exchange rate to “international standards and what is related to the relationship between the central bank, the US Federal Bank, and the US Treasury. And there was an agreed mechanism to control the movement of money transfers called (compliance standards) for the global banking system.

 

Al-Sudani added that "we always talk about the existence of forged invoices and the exit of money abroad through smuggling, and this is a reality," surprisingly, "about imports amounting to 300 million dollars per day."

 

He pointed out, "This explains that the currency was smuggled abroad," wondering, "What has stopped life, changed, or lost in the markets? Except for the rise in prices in some materials, during the sale of the central bank for 30, 40, or 50 million dollars per day, and in the past it was It is sold for 300, 200 and 250 million.

 

He pointed out that "the government has formed specialized security teams in all places, roads and ports, and sonars have been installed at the controls to detect currency smuggling," explaining, "The government is serious about measures to prevent currency smuggling, and at the same time we reassure the citizen that Iraq's financial situation is in the best cases, and we have a balance Revenues, rounds and balances, and we have the ability to purchase any material.”  

 

High price solutions

 

And he continued, "He directed the Ministry of Commerce to exercise its role by importing materials and selling them at the official cost price in the dollar," pointing out that "the price hike procedures will be controlled by the government and the central bank's monetary policy measures."

 

Al-Sudani reassured his call not to acquire the dollar, and said: "The dinar is the strongest," explaining that "the decision to replace the governor of the Central Bank and the director of the Iraqi Trade Bank took place in a systematic and deliberate manner, not hasty or emotional."

And he stressed that "any official who does not provide solutions to problems is changed," pointing out that "changes are continuing in all aspects of the state, starting from the minister down to the agent, to the advisor, to the governor, to the head of the commission or the director general, anywhere and there are no red lines."

 

And he continued, "The government granted 3 months to all general managers in the country, and the period will end, and we started the evaluation process and gave us 6 months since the start of voting on the government program for the current ministers. As for the agents and governors, we also gave them 6 months, and there will be a scientific professional evaluation based on indicators." To the possibility of "changing ministers in his government." 

 

The Prime Minister said: "A high-level delegation will visit Washington on the seventh of next February to discuss more than one file, including a discussion of the fluctuations in the price of the dollar and its mechanism in accordance with the new standards."

 

government curriculum

 

He pointed out, "The priorities of the government curriculum are 5 titles, and one of the most important of these titles is the fight against poverty, and after three months have passed since the government's life, we have achievements, including the launch of the social research process targeting 1.7 million applications submitted for the purpose of inclusion in the social protection network, and granting a basket." Special food quantity and quality for those covered by the social network, and the budget law will include granting additional cash subsidies that will be distributed to poor families to complete their children’s studies in schools and colleges other than the prescribed salaries. 

 

He continued, "Service effort campaigns are concentrated in poor places to improve the reality of services in those areas," stressing that "housing projects will have the largest share for the poor."

He pointed out that "the solution to the housing crisis lies in building integrated cities according to a long-term economic situation that will not burden the citizen in paying, and it will be granted to groups for free and to other groups by installments over a period of time so that the citizen receives a housing unit in a city that contains decent services," pointing out, " The issue of housing in Iraq will witness real solutions according to the vision of building integrated cities that will be available to the poor and middle-income citizens.

 

Budget file

 

Regarding the budget, Al-Sudani explained that he “desires a budget that is compatible with the government program and is not like the previous budgets that were approved, as it is not reasonable to put forward a program, priorities, and the budget in another valley,” pointing out that “all previous mistakes were the incompatibility of the budget with government programs.” . 

Regarding determining the exchange rate in the budget, Al-Sudani stressed that “the decision is taken according to the paths and the economic situation in the country,” noting that “all possibilities are contained in adjusting the exchange rate.”

 

Appointments file

 

And the Prime Minister pointed out, “The lecturers have been present in schools voluntarily for years and without pay, and after that they were transferred to Resolution 315 by previous governments, and they began working in this manner as contracts, and in the Budget Law for the year 2021, it stipulated that whoever has contract service is 5 years.” It is proven to the permanent staff, but in the Food Security Law, the years of contractual service were reduced to two years or more, and it is fixed to the permanent staff, and there are those who have more than five years and a financial allocation that demands the implementation of the law.

 

He explained, "The previous government called on the ministries to raise the lists of those who are eligible for confirmation in accordance with the Food Security Law," explaining, "The current government took the decision to confirm contracts without hesitation, but at the same time we stopped appointments, whether they were in the form of contracts, wages, or even in the form of voluntary work." 

 

And he continued, "Any official government agency that issues an order to appoint contracts or wages contrary to the announced decision is referred to investigation," stressing, "In the budget law, appointment will be suspended until further notice, except for medical training," noting, "The government has solved problems for employees who have a legal basis." With the existence of a financial allocation determined by the competent and financial ministry accordingly, the decision to install was taken.

 

Theft of the century

 

Regarding what is known as the theft of the century, the prime minister stated that "the case was pursued by me when I was a deputy, that is, before I became prime minister and I had its priorities, and I hoped that it would be opened while I was in the government," noting that "this file was opened during the time of the previous government." .

 

He added, "The rest of the defendants liquidated their money and fled, with the exception of the accused, Nour Zuhair, who was arrested during his attempt to escape," explaining that "the decision to arrest or release him was not a governmental decision, but rather a judicial one."

 

He stated that "Nour Zuhair is the black box, and he is now under the control and disposal of the judiciary in investigation and recovery, as the money he stole was distributed among a group of influential politicians, banks, personalities and media professionals," noting that "upon his release, he began the process of recovering his money, to return it at the same time." to the state."

 

And he continued, "These politicians, media professionals, and banks denied the existence of the money they have," explaining that "there are effective official bodies in the previous government involved in the case, and the papers and names will be revealed soon by the judiciary."

 

And he stated, "Some of them began to return the money in the form of payments, which were handed over to the judge, and the first payment was initiated," explaining, "The uproar raised by some about his release came because it is not in the interest of these people for Nour to remain in prison so that he does not demand money from them." .

 

He pledged that "the government will not leave the rest of the wanted persons in the case, and there is a specialized team from the security services that is chasing them inside and outside Iraq and they will be extradited," pointing out that "we have now circulated in Interpol orders to arrest them in all countries, as we went to France and signed an agreement with the agency." French Anti-Corruption.

 

anti-Corruption

 

And he stated, "Our procedures in combating corruption are legal, studied, and supported by documents and papers that are being investigated and the suspect is arrested with evidence," noting that "we have started with a qualitative procedure, which is the disclosure of financial disclosure according to the principle of where did you get this from?"

 

And he continued, "The law will be amended to include any person who has become abnormally rich by checking his money," explaining that "the money that is stolen is at the disposal of those close to the accused, as the former director of the Tax Authority who was recently arrested turned out to have 11 properties in the name of his wife, because of theft, and there are investigations for everyone suspected of being involved in theft.”

 

He pointed out that "corruption is the real threat to the Iraqi state after ISIS, as it disrupts services and all projects and programs," calling on citizens to "cooperate with the oversight agencies in providing real information and not defamation, misinformation and forgery that waste effort and time."

 

Relations with political parties

 

The Prime Minister stated, "The relationship with the coordination framework and others is good, based on understanding and consensus in accordance with the national interest, and there is a ministerial platform and clear commitments in accordance with the constitution and the law that we are working on, and our weekly meetings are continuing," pointing out, "Our government program includes priorities and voted on by the Council of Ministers, and I am currently implementing it." .

And he stressed, "Our periodic meetings with the State Administration Coalition, which includes all entities, discuss the general situation and what has been implemented from the government program."

 

Security and civilian positions

 

He explained that "security and sensitive positions and sites are outside any investment or political interference and are not subject to quotas," pointing out that they are "subject to professional controls."

 

And he stressed, "The appointments of the security services are made through purely professional procedures, in coordination with the concerned official," pointing out that "the security proposals that are presented to us are studied, evaluated, and the decision is taken."

 

He explained, "All political forces supported the government's approach that the security sites be managed by professionals from within the security establishment, and this is agreed upon," pointing out, "The talk about appointing relatives is incorrect, and whoever declares this must provide evidence."

 

relationship with America

 

Al-Sudani stressed that "the United States is a friend and a strategic partner, and all political forces support that," explaining that "our position is clear and explicit, which is that Iraq does not need combat forces, as there are security services capable of controlling security in Iraq against any threat." .

 

He stated, "The presence of the current international coalition needs to rearrange the form of the relationship, in a legal and transparent manner that is announced before the political forces and parliament," explaining that "the government is conducting dialogue with the international coalition, as we formed in our meetings in the National Security Council a team of security agencies to conduct this dialogue." Soon, the final formula will be reached so that it is declared, clear and explicit, regulating the form of this presence.”

 

Foreign visits

 

Al-Sudani stated, "We started with visits to regional and foreign countries according to the principle of productive visits and relations, that is, non-protocol. When we decided to go to Germany, we started preparing a file about the visit 3 months before the travel date," pointing out, "When we signed memorandums of understanding with Siemens, he stated Some say that they are agreements similar to the previous notes, and this is not true.

 

He added that "an official German delegation will visit Iraq in less than a month to attend the signing ceremony of important projects in the field of electric energy."

 

Visit France

Regarding France, he indicated that "there is a strategic agreement signed two years ago between Iraq and France that was studied and we found it important to go in a clear-cut agreement in all sectors," explaining that "our visit to France took place at the invitation of French President Emmanuel Macron."

He pointed out, "During my visit, I sat in the French Employers' Organization, which consists of a round table for French labor companies, and I talked about the horizon of investment, fields, and the need of French companies, but I was surprised that more than half of those present work in Iraq," pointing out, "This is positive indicator.

 

Regarding the Baghdad metro and the suspended train, he explained that "this project is stalled despite the fact that its designs and studies are complete," stressing that "the issue of the suspended train has been resolved, by agreeing to hold talks between a team from the concerned company and a team from the government to agree on the price." 

 

associated gas

 

Al-Sudani said: “The largest number in the budget is allocated to salaries, followed by the electricity sector, since we allocate from 8 to 10 trillion dinars to import gas, so when investing associated gas and filling the need, the sums allocated to this sector will go to other projects such as housing, health, education, and others,” explaining, “ The gas investment file is considered the first for me, and there is a personal follow-up on my part.”

 

He continued, "This project includes abundant financial and job opportunities."

 

Al-Faw port

 

The Prime Minister stressed that "the port of Faw continues to be implemented, and this year the implementation rates will be accelerated," noting that "from now on, we have begun to think about how to operate the port."

 

And he indicated, "We are in contact with international companies to complete the port and operate it according to modern management," explaining that "our meetings are continuing with the consulting company and the Turkish side to reach an agreement and extend a railway."

 

He stressed, "Two days before I went to France, I met with the consulting company, and the paths were determined and the project was fully handed over with the aim of agreeing with the executing company," noting that "all these projects are strategic and will change the reality of the economy in Iraq."

 

He pointed out, "We are working diligently and resolutely on strategic economic projects that will bring about a quantum leap," noting that "there is an army of specialists and experts working on that."

 

[yota691]

With the decline in the value of the dinar.. the Prime Minister of Iraq announces the monitoring of fraudulent transfers of dollars abroad

(Al Jazeera)

1/2/2023

 

Iraqi Prime Minister Muhammad Shayaa al-Sudani confirmed on Tuesday evening that fraudulent dollar transfers abroad were being monitored, which was revealed by the application of the "Swift" system to monitor financial transfers, in conjunction with the decline in the value of the dinar against the dollar.

The prime minister said in televised statements that currency smuggling abroad was carried out through transfers based on forged invoices for imports whose prices were inflated.

 

Al-Sudani said, "What does it mean that we were importing goods worth $300 million per day? Inevitably, this money was coming out of Iraq, and this has been a chronic problem for years."

The Prime Minister inferred the existence of smuggling by saying that before the implementation of the Swift system, the Central Bank of Iraq used to sell merchants quantities of dollars that are many times more than what they sell them today, and yet there are no missing goods in the markets today.

 

He added, "There are commodities that they enter at irrational prices, and it is clear that the aim is to get the currency out of Iraq. This matter must stop."

 

Al-Sudani confirmed that his government had formed "specialized security teams" to detect smugglers and seize smuggled funds.

 

Al-Sudani explained that there is smuggling of money that is transferred to the Kurdistan region, and then goes to neighboring countries, without specifying whether he meant Turkey, Iran or Syria.

 

Al-Sudani said that the financial situation in Iraq today is in the best condition because businessmen are accustomed to "correct and legitimate trade."

 

The Prime Minister confirmed that Foreign Minister Fuad Hussein and the new governor of the Central Bank will be among the delegation that will go to Washington after a week to discuss the exchange rate mechanism and its fluctuations.

 

During the past two months, the Iraqi dinar lost more than 10% of its value against the dollar, which prompted youth gatherings and activists to organize a protest last week in front of the Central Bank in Baghdad.

 

Analysts attribute the decline in the value of the national currency to the Iraqi banking system's compliance with international regulations related to money transfer, as it has become obligatory for banks to conduct transfers via the electronic SWIFT platform, in order to combat smuggling and money laundering.

 

Source : agencies

[yota691]

Iraq

AL-SUDANI: A HIGH-LEVEL DELEGATION WILL VISIT WASHINGTON TO DISCUSS EXCHANGE RATE FLUCTUATIONS

 

 

Tuesday, January 31, 2023 10:34 PM

Baghdad / The National News Center
, Prime Minister Muhammad Shayaa Al-Sudani affirmed today, Tuesday, that Iraq's financial situation is in its best condition, reassuring citizens that the dinar is the strongest, and while pointing out that all possibilities are contained in adjusting the exchange rate, which will discuss the issue of its fluctuations during the visit of an Iraqi government delegation to Washington soon, resolving the government's position regarding the appointments file in the 2023 budget, stressing at the same time that the decision to release the accused, Nour Zuhair in the tax secretariat case, was not governmental, and there are effective official bodies in the previous government involved in the case, while stressing that security and sensitive positions and sites are outside any investment Or political interference and not subject to quotas.

 

Prime Minister Muhammad Shia al-Sudani said in an interview with your TV, followed by the National News Center: “The establishment of the Gulf Championship 25 and our team winning the cup is a great joy and the result of the effort of a team from the Council of Ministers that took important decisions within 52 days, after the government started making special preparations for this tournament.” The efforts of the Ministry of Youth and Sports, the Football Association, the national team with its technical and administrative staff, and the heroic players, in addition to the Basra Governorate, the governor, and the honorable people of Basra, who reflected a bright image of the Iraqi citizen, joined forces.

The Prime Minister added, “One of the features of the tournament’s success is the mass cohesion between our Arab brothers and our people, especially the people of Basra,” noting that “many people of Arab and Gulf countries were unable to visit Iraq, because of what they hear about terrorism and fighting ISIS gangs.” However, our procedures for granting the entry visa and removing all obstacles allowed the Gulf citizen to enter his car inside Basra, and this made them discover the truth, which is the most important and informative message from holding a conference, transferring a picture, or talking with an official, and their entering markets and restaurants reflected their feeling of security and stability, as well as the bright face of the province, so it was a message Eloquent and important, we were able to communicate it through this tournament, and we found that there are requests that could continue to facilitate entry. Indeed, we kept these procedures and gave an order to extend them for a month. There is also a benefit supporting the economy of Basra from implementing the decision to enter citizens from the Gulf, as well as facilitating religious visits that began with rugby visit,Entry facilities are only via the land road from the Safwan port with the State of Kuwait, and they will be studied again after the end of the month. 

 

And regarding the rise in dollar prices, Al-Sudani indicated that “the fluctuations in prices were not the result of a decision by the government, parliament, or the central bank,” noting that “the official price in the central bank is now 1460 and is sold in private banks for 1470 and is not the same as the decision that was taken in the 2021 budget.” As the conditions were difficult, and in order for the government to secure the required amounts for salaries, this request was submitted to raise the exchange rate from 1182 to 1450, so prices rose, and at the time of raising the dollar there was a decision from the government and approval from Parliament, but now there is no government decision to raise the exchange rates of the dollar. 

 

Al-Sudani explained the reasons for the fluctuations in the exchange rate that they “return to international standards and what is related to the relationship between the central bank, the US Federal Bank and the US Treasury, and there was an agreed mechanism to control the movement of money transfers called (compliance standards) for the global banking system, which is a signed memorandum With the Central Bank two years ago to proceed with these procedures so that the central transfer system is through an electronic platform and is audited,” noting that “the procedures were not at the required level in terms of qualifying banks by the Central Bank and the previous government, and it was assumed that private banks and merchants would prepare for this method.”

 

And he indicated, “The Iraqi merchant refrains from going to obtain an import license, open a documentary credit and pay the tax, but rather goes to an exchange company to transfer money to a specific country, and then he gets the goods.” 

Al-Sudani stressed, “We always talk about the existence of forged invoices and the exit of money abroad through smuggling, and this is a reality,” surprisingly, “from imports amounting to 300 million dollars per day.”

 

And he continued, “This explains that the currency was fleeing abroad, and this has been a chronic problem for years,” wondering, “What stopped life, changed, or lost in the markets? Except for the high prices in some materials, during the sale of the central bank for 30, 40 or 50 million dollars per day, and in the past it was sold 300, 200 and 250 million.

He noted that "this money was coming out with fake invoices, as the invoices for importing iron previously covered all of Iraq, but these quantities did not enter the country."

And he indicated, “This explains that the currency was fleeing abroad, and this has been a chronic problem for years,” wondering, “What stopped life, changed, or lost in the markets? Except for the high prices in some materials, during the sale of the central bank for 30, 40 or 50 million dollars per day, and in the past it was sold 300, 200 and 250 million.

He continued, "This money was coming out with forged invoices, as the invoices for importing iron previously covered all of Iraq, but these quantities did not enter the country."

He added, "The issue of proving forgery or smuggling, and in order to prove it legally and issue a judicial order requires procedures, we hear about allegations of money being transferred to the Kurdistan region and from the region to neighboring countries, and we have spoken with the president of the region in this regard and we must cooperate in it."

 

And the Prime Minister confirmed, “The government has formed specialized security teams in all places, roads, and ports, and sonars have been installed at the controls to detect currency smuggling,” explaining, “The government is serious about measures to prevent currency smuggling, and at the same time we assure the citizen that Iraq’s financial situation is in the best case.” We have a balance, revenues, a revolving and a budget, and we have the ability to purchase any material.”  

 

And he continued, “He directed the Ministry of Commerce to exercise its role by importing materials, and there is a committee that has been working for more than a week to import any material needed by the Iraqi market and come down at the official cost price of the dollar,” pointing out, “The procedures for price hikes will be controlled by the procedures of the government and the central bank concerned with monetary policy.” ". 

 

And he continued, “The government will return the price of the dollar to its official status, while accustoming merchants and businessmen to correct (legitimate) trade. The Ministerial of Economy takes decisions weekly to prepare traders, and this preparation is supposed to have been achieved years ago by the Central Bank to accustom traders to the new mechanism,” noting, “the current government is working to put merchants in the right official way.” 

 

Al-Sudani said: “I assure the citizen not to acquire the dollar, as the dinar is the strongest,” explaining that “the decision to replace the governor of the Central Bank and the director of the Trade Bank of Iraq took place in a systematic and deliberate manner, not hasty or emotional, and it is within the approach followed in our course of action in implementing the government platform.” We will never stop at any official.”

 

And he stressed, “Any official who does not provide solutions to problems is changed,” explaining that “changes are continuing in all aspects of the state, starting from the minister down to the agent, to the advisor, to the governor, to the head of the commission or the general manager, anywhere, and there are no red lines.” . 

 

He added, “The government granted 3 months to all general managers in the country, and the period will end, and we started the evaluation process and gave us 6 months since the start of voting on the government program for the current ministers. You continue, and we will announce the results of the evaluation, even if the situation requires the replacement of 100 employees according to the exemption order for the results of the evaluation, and it has been proven that these are unable to bear responsibility. 

 

Al-Sudani stressed the possibility of “changing ministers in his government,” explaining that “until now, the picture has not been completed, but within 6 months, all ministerial cabinets will be subject to an evaluation.” 

 

And the Prime Minister announced, “A high-level Iraqi delegation will visit Washington on the seventh of next February to discuss more than one file, including a discussion of the fluctuations in the price of the dollar and its mechanism in accordance with the new standards.”

 

And he stressed, “The number of transfers increases with the passage of time, as merchants began to adapt to the new mechanism, given that the merchant is looking for the official price to import his goods, and at the same time there is a possibility to buy his goods from the citizen, and I am reassured that the process will proceed properly despite the existence of painful procedures that caused concern.” But the real reform of the banking and economic system, and to preserve public money and prevent it from smuggling and money laundering, this is the right way, and the world is going in this way, and there is not a single dollar that leaves the country except in its right place, “pointing to the presence of commodities entering the country at irrational prices with the aim of removing the currency outside country and this must stop.” 

 

He pointed out, “The priorities of the government curriculum are 5 titles, and one of the most important of these titles is combating poverty, and after three months have passed since the government’s life, we have achievements that we are talking about in combating poverty, including: 
First: the launch of the social research process that targets one million and seven hundred thousand applications submitted for the purpose of Inclusion in the social protection network, and this number is not small in the history of Iraq and social protection. 

Second: Granting a special food basket, in quantity and quality, to those covered by the social network. It was prepared for January of this year and will continue, as it is part of the ration card reforms.

Third: The budget law will include granting additional cash subsidies that will be distributed to the families of the poor to complete their children’s studies in schools and colleges other than the prescribed salaries. poor. 

He continued, "Service effort campaigns are concentrated in poor places to improve the reality of services in those areas," stressing, "housing projects will have the largest share for the poor."

And he indicated, “The solution to the housing crisis lies in building integrated cities according to a long-term economic situation that will not burden the citizen in paying, and it will be granted to groups for free and to other groups by installments over a period of time so that the citizen receives a housing unit in a city that contains decent services, and there has been continuous work for three months.” With the Ministry of Municipalities and Housing and major investors who are able to build these cities in Baghdad and the provinces, the project will be launched soon,” pointing out, “the issue of housing in Iraq will witness real solutions according to the vision of building integrated cities that will be available to the poor and middle-income citizens.” 

The Prime Minister confirmed the agreement with the International Finance Corporation to rehabilitate Baghdad International Airport.
Regarding the achievements of the service effort, Al-Sudani indicated, “The effort achieved quick and important services and is heading towards important service contracts, as it entered unserved and populated areas. 15 billion has been spent so far, of which are for projects presented to disadvantaged areas,” explaining that “the next budget will allocate a sum of money of no less than 800 billion dinars for this project, except for projects submitted by the governorates.”

 

The budget file

Regarding the general budget for the next year, Al-Sudani stressed that he “desires a budget that is compatible with the government program and is not like the previous budgets that were approved, as it is not reasonable to put forward a program, priorities, and the budget in another valley,” pointing out that “all previous mistakes were incompatibility.” budget with government programmes.

He pointed out, “The existence of clear projects within the priorities set within the general budget, and this is the first point. As for the second, it is addressing many problems over the past period, which are related to contracts, wages, stabilization, etc., and these are cost accounts that must be included within the budget. As for the third, real reforms have been put in place and important funds have been established, including A fund for the poorest provinces and the Iraq Fund for Development, on which we count for a real development renaissance to solve housing and school problems, and these matters need a study to present a budget that meets what we promised our fans and people.

Regarding determining the exchange rate in the budget, Al-Sudani stressed that “the decision is taken according to the paths and the economic situation in the country,” noting that “all possibilities are contained in adjusting the exchange rate.”

 

The appointment file
, and the Prime Minister pointed out, “The lecturers have been present in schools voluntarily for years and without pay, and after that they were transferred to Resolution 315 by previous governments, and they began working in this manner as contracts, and in the Budget Law for the year 2021, it stipulated that whoever has contract service 5 years is proven for permanent staffing, but in the food security law, the years of contractual service have been reduced to two years or more, and it is fixed for permanent staffing, and there are those who have more than five years and a financial allocation that demands the implementation of the law.
He explained, “The previous government called on the ministries to raise the lists of those who are eligible for confirmation in accordance with the Food Security Law,” explaining that “the current government took the decision to confirm contracts without hesitation, but at the same time we stopped appointments, whether they were in the form of contracts, wages, or even in the form of voluntary work.”

And he continued, “Any official government agency that issues an order to appoint contracts or wages contrary to the announced decision is referred to investigation,” stressing, “In the budget law, appointment will be suspended until further notice, except for medical training,” noting, “The government has solved problems for employees who have a legal basis.” With the existence of a financial allocation determined by the competent and financial ministry, accordingly, the installation decision was taken.

 

The Deal of the Century

And between al-Sudani, that “the issue of theft of tax secretariats (the theft of the century), was pursued by me when I was a deputy, that is, before I was prime minister and I had its priorities, and I hoped that it would be opened while I was in the government,” noting, “This file was opened in the time of the previous government.

He continued, "The rest of the defendants liquidated their money and fled, with the exception of the accused, Nour Zuhair, who was arrested during his attempt to escape," explaining that "the decision to arrest or release him was not a government decision, but rather it was the judiciary."
And he stated, “The recent dialogue that was published with the judge of the Karkh Investigation Court, which is specialized in cases of integrity, Diaa Jaafar, was a courageous dialogue and explained the specific dimensions of the case,” pointing out that “the uproar that arose about this accused, the bulk of it, has artificial dimensions, while the other part has It came to enhance the citizen’s reassurance regarding the past procedures in the case.”

And he stated, “Nour Zuhair is the black box, and he is now under the control and disposal of the judiciary in investigation and recovery, as the money he stole distributed to a group of influential politicians, banks, personalities, and media professionals,” noting that “upon his release, he began the process of recovering his money, to return it with the same Time to state.”

And he continued, "These politicians, media professionals, and banks denied having the money with them," explaining, "There are official authorities in force in the previous government involved in the case, and the papers and names will be revealed soon by the judiciary."

And he stated, “Some of them began to return the money in the form of payments, which were delivered to the judge, and the first payment was initiated,” explaining, “The uproar that some raised about his release came because it is not in the interest of these people that Nour stay in prison so that he does not demand money from them.” .

And he indicated, “Nour Zuhair is accused of stealing one trillion and 600 billion, and it is in the government’s interest to return these sums,” noting, “I support, encourage and support the judiciary’s decision in recovering the money and holding the accused accountable, as the procedures are clear and done with full transparency.” And he stated, "Iraq is part of the international convention against corruption, as when we are a party to the convention at the United Nations level, it is the duty of each country to hand over the wanted persons," pointing out that "our constant axes in any meeting with any official who comes from The outside is taking measures to combat corruption, including the extradition of wanted persons and smuggled funds.” He emphasized that “there is no criminal far from the hands of justice and he will be reached anywhere,” pointing out that “there are employees involved in the case and they are the ones who provided facilities with Nour Zuhair, who took advantage of the state’s chaos, and 3 trillion and 700 billion dinars were stolen.”

He stated, "The government will not leave the rest of the wanted persons in the case, and there is a specialized team from the security services that is chasing them inside and outside Iraq and they will be extradited," pointing out that "we have now circulated in Interpol orders to arrest them in all countries, as we went to France and signed an agreement with French Anti-Corruption Agency.


He pointed out that “slack in protecting public money encouraged theft,” noting that “there are 5 well-known companies involved in the case, through receipts submitted to the judiciary.”

He pointed out that “the government contracted earlier with an international company to audit guarantees, to make sure of the stolen amount,” pointing out that “the issue of combating corruption is an irreversible decision and work is continuing on it, as the last of which was the arrest of a tax network related to the case of a deal.” century.” And he stated, “Our procedures in combating corruption are legal, studied, and supported by documents and papers that are being investigated and the suspect is arrested with evidence,” noting that “we started with a qualitative procedure, which is the disclosure of financial disclosure according to the principle of where did you get this from.” And he continued, “The law will be amended to include any person who has become abnormally rich by checking his money,” explaining that “the money that is stolen is at the disposal of those close to the accused, as the former director of the tax authority who was recently arrested turned out to have 11 properties in the name of his wife, because of theft, and there are investigations for everyone suspected of being involved in theft.”

anti-Corruption

And he stated, “Corruption is the real threat to the Iraqi state after ISIS, as it disrupts services and all projects and programs,” calling on citizens to “cooperate with the oversight agencies in providing real information and not defamation, misleading and forgery information that wastes effort and time and causes a backlash, because many Honest employees stand up to responsibility, but they fear defamation campaigns led by some corrupt people.”

He stressed, “There are websites, pages, and media channels whose mission is to blackmail officials,” noting that “the Integrity Commission addressed all satellite channels through the Communications and Media Commission and informed them of the presence of an investigator in each satellite channel with the aim of collecting corruption files that officials in those channels reveal.”

He pointed out, "Iraq needs a popular and national campaign against corruption, as it is a serious scourge that threatens the state."

[keylime]

2 hours ago, Engine1 said:

I really hope he isnt as dumb as biden (did you notice no capital b ,,, he doesn't deserve one) I hope he is smart and knows something we dont know.    

When I first typed it that's what I put, but then I was always taught to respect my elders and those more unfortunate than me. So I went back and put the capital "B" out of respect. But you're right, he didn't earn it, nor deserve it. I capitalized it and it was like how the Bible says, "Pouring ashes over his head."

LOL!

[keylime]

1 hour ago, yota691 said:

Iraq

AL-SUDANI: A HIGH-LEVEL DELEGATION WILL VISIT WASHINGTON TO DISCUSS EXCHANGE RATE FLUCTUATIONS

 

Tuesday, January 31, 2023 10:34 PM

Baghdad / The National News Center

, Prime Minister Muhammad Shayaa Al-Sudani affirmed today, Tuesday, that Iraq's financial situation is in its best condition, reassuring citizens that the dinar is the strongest, and while pointing out that all possibilities are contained in adjusting the exchange rate, which will discuss the issue of its fluctuations during the visit of an Iraqi government delegation to Washington soon, resolving the government's position regarding the appointments file in the 2023 budget, stressing at the same time that the decision to release the accused, Nour Zuhair in the tax secretariat case, was not governmental, and there are effective official bodies in the previous government involved in the case, while stressing that security and sensitive positions and sites are outside any investment Or political interference and not subject to quotas.

 

Prime Minister Muhammad Shia al-Sudani said in an interview with your TV, followed by the National News Center: “The establishment of the Gulf Championship 25 and our team winning the cup is a great joy and the result of the effort of a team from the Council of Ministers that took important decisions within 52 days, after the government started making special preparations for this tournament.” The efforts of the Ministry of Youth and Sports, the Football Association, the national team with its technical and administrative staff, and the heroic players, in addition to the Basra Governorate, the governor, and the honorable people of Basra, who reflected a bright image of the Iraqi citizen, joined forces.

 

The Prime Minister added, “One of the features of the tournament’s success is the mass cohesion between our Arab brothers and our people, especially the people of Basra,” noting that “many people of Arab and Gulf countries were unable to visit Iraq, because of what they hear about terrorism and fighting ISIS gangs.” However, our procedures for granting the entry visa and removing all obstacles allowed the Gulf citizen to enter his car inside Basra, and this made them discover the truth, which is the most important and informative message from holding a conference, transferring a picture, or talking with an official, and their entering markets and restaurants reflected their feeling of security and stability, as well as the bright face of the province, so it was a message Eloquent and important, we were able to communicate it through this tournament, and we found that there are requests that could continue to facilitate entry. Indeed, we kept these procedures and gave an order to extend them for a month. There is also a benefit supporting the economy of Basra from implementing the decision to enter citizens from the Gulf, as well as facilitating religious visits that began with rugby visit,Entry facilities are only via the land road from the Safwan port with the State of Kuwait, and they will be studied again after the end of the month. 

 

And regarding the rise in dollar prices, Al-Sudani indicated that “the fluctuations in prices were not the result of a decision by the government, parliament, or the central bank,” noting that “the official price in the central bank is now 1460 and is sold in private banks for 1470 and is not the same as the decision that was taken in the 2021 budget.” As the conditions were difficult, and in order for the government to secure the required amounts for salaries, this request was submitted to raise the exchange rate from 1182 to 1450, so prices rose, and at the time of raising the dollar there was a decision from the government and approval from Parliament, but now there is no government decision to raise the exchange rates of the dollar. 

 

Al-Sudani explained the reasons for the fluctuations in the exchange rate that they “return to international standards and what is related to the relationship between the central bank, the US Federal Bank and the US Treasury, and there was an agreed mechanism to control the movement of money transfers called (compliance standards) for the global banking system, which is a signed memorandum With the Central Bank two years ago to proceed with these procedures so that the central transfer system is through an electronic platform and is audited,” noting that “the procedures were not at the required level in terms of qualifying banks by the Central Bank and the previous government, and it was assumed that private banks and merchants would prepare for this method.” 

And he indicated, “The Iraqi merchant refrains from going to obtain an import license, open a documentary credit and pay the tax, but rather goes to an exchange company to transfer money to a specific country, and then he gets the goods.” 

Al-Sudani stressed, “We always talk about the existence of forged invoices and the exit of money abroad through smuggling, and this is a reality,” surprisingly, “from imports amounting to 300 million dollars per day.”

 

And he continued, “This explains that the currency was fleeing abroad, and this has been a chronic problem for years,” wondering, “What stopped life, changed, or lost in the markets? Except for the high prices in some materials, during the sale of the central bank for 30, 40 or 50 million dollars per day, and in the past it was sold 300, 200 and 250 million.

He noted that "this money was coming out with fake invoices, as the invoices for importing iron previously covered all of Iraq, but these quantities did not enter the country."

And he indicated, “This explains that the currency was fleeing abroad, and this has been a chronic problem for years,” wondering, “What stopped life, changed, or lost in the markets? Except for the high prices in some materials, during the sale of the central bank for 30, 40 or 50 million dollars per day, and in the past it was sold 300, 200 and 250 million.

He continued, "This money was coming out with forged invoices, as the invoices for importing iron previously covered all of Iraq, but these quantities did not enter the country."

He added, "The issue of proving forgery or smuggling, and in order to prove it legally and issue a judicial order requires procedures, we hear about allegations of money being transferred to the Kurdistan region and from the region to neighboring countries, and we have spoken with the president of the region in this regard and we must cooperate in it."

And the Prime Minister confirmed, “The government has formed specialized security teams in all places, roads, and ports, and sonars have been installed at the controls to detect currency smuggling,” explaining, “The government is serious about measures to prevent currency smuggling, and at the same time we assure the citizen that Iraq’s financial situation is in the best case.” We have a balance, revenues, a revolving and a budget, and we have the ability to purchase any material.”  

 

And he continued, “He directed the Ministry of Commerce to exercise its role by importing materials, and there is a committee that has been working for more than a week to import any material needed by the Iraqi market and come down at the official cost price of the dollar.” ". 

 

And he continued, “The government will return the price of the dollar to its official position, while accustoming merchants and businessmen to correct (legitimate) trade. The Ministerial for the Economy takes decisions weekly to prepare traders, and this preparation is supposed to have been achieved years ago by the Central Bank to accustom traders to the new mechanism,” noting, “the current government is working to put merchants in the correct, official way.” 

 

Al-Sudani said: “I assure the citizen not to acquire the dollar, because the dinar is the strongest,” explaining that “the decision to replace the governor of the Central Bank and the director of the Trade Bank of Iraq took place in a systematic and deliberate manner, not hasty or emotional, and it is within the approach followed in the course of our work in implementing the government platform.” We will never stop at any official.”

 

And he stressed, “Any official who does not provide solutions to problems is changed,” explaining that “changes are continuing in all aspects of the state, starting from the minister down to the agent, to the advisor, to the governor, to the head of the commission or the general manager, anywhere, and there are no red lines.” . 

He added, “The government granted 3 months to all general managers in the country, and the period will end, and we started the evaluation process and gave us 6 months since the start of voting on the government program for the current ministers. You continue, and we will announce the results of the evaluation, even if the situation requires the replacement of 100 employees according to the exemption order for the results of the evaluation, and it has been proven that these are unable to bear responsibility. 

 

Al-Sudani stressed the possibility of “changing ministers in his government,” explaining that “until now, the picture has not been completed, but within 6 months, all ministerial cabinets will be subject to an evaluation.” 

 

And the Prime Minister announced, “A high-level Iraqi delegation will visit Washington on the seventh of next February to discuss more than one file, including a discussion of the fluctuations in the price of the dollar and its mechanism in accordance with the new standards.”

 

And he stressed, “The number of transfers increases with the passage of time, as merchants began to adapt to the new mechanism, given that the merchant is looking for the official price to import his goods, and at the same time there is a possibility to buy his goods from the citizen, and I am reassured that the process will proceed properly despite the existence of painful procedures that caused concern.” But the real reform of the banking and economic system, and to preserve public money and prevent it from smuggling and money laundering, this is the right way, and the world is going in this way, and there is not a single dollar that leaves the country except in its right place, “pointing to the presence of commodities entering the country at irrational prices with the aim of removing the currency outside country and this must stop.” 

 

He pointed out, “The priorities of the government curriculum are 5 titles, and one of the most important of these titles is combating poverty, and after three months have passed since the government’s life, we have achievements that we are talking about in combating poverty, including: 
First: the launch of the social research process that targets one million and seven hundred thousand applications submitted for the purpose of Inclusion in the social protection network, and this number is not small in the history of Iraq and social protection. 

Second: Granting a special food basket, in quantity and quality, to those covered by the social network. It was prepared for January of this year and will continue, as it is part of the ration card reforms.

Third: The budget law will include granting additional cash subsidies that will be distributed to the families of the poor to complete their children’s studies in schools and colleges other than the prescribed salaries. poor. 

He continued, "Service effort campaigns are concentrated in poor places to improve the reality of services in those areas," stressing, "housing projects will have the largest share for the poor."

And he indicated, “The solution to the housing crisis lies in building integrated cities according to a long-term economic situation that will not burden the citizen in paying, and it will be granted to groups for free and to other groups by installments over a period of time so that the citizen receives a housing unit in a city that contains decent services, and there has been continuous work for three months.” With the Ministry of Municipalities and Housing and major investors who are able to build these cities in Baghdad and the provinces, the project will be launched soon,” pointing out, “the issue of housing in Iraq will witness real solutions according to the vision of building integrated cities that will be available to the poor and middle-income citizens.” 

The Prime Minister confirmed the agreement with the International Finance Corporation to rehabilitate Baghdad International Airport.
Regarding the achievements of the service effort, Al-Sudani indicated, “The effort achieved quick and important services and is heading towards important service contracts, as it entered unserved and populated areas. 15 billion has been spent so far, of which are for projects presented to disadvantaged areas,” explaining that “the next budget will allocate a sum of money of no less than 800 billion dinars for this project, except for projects submitted by the governorates.”

 

The budget file

Regarding the general budget for the next year, Al-Sudani stressed that he “desires a budget that is compatible with the government program and is not like the previous budgets that were approved, as it is not reasonable to put forward a program, priorities, and the budget in another valley,” pointing out that “all previous mistakes were incompatibility.” budget with government programmes.

He pointed out, “The existence of clear projects within the priorities set within the general budget, and this is the first point. As for the second, it is addressing many problems over the past period, which are related to contracts, wages, stabilization, etc., and these are cost accounts that must be included within the budget. As for the third, real reforms have been put in place and important funds have been established, including A fund for the poorest provinces and the Iraq Fund for Development, on which we count for a real development renaissance to solve housing and school problems, and these matters need a study to present a budget that meets what we promised our fans and people.

Regarding determining the exchange rate in the budget, Al-Sudani stressed that “the decision is taken according to the paths and the economic situation in the country,” noting that “all possibilities are contained in adjusting the exchange rate.”

 

The appointment file

, and the Prime Minister pointed out, “The lecturers have been present in schools voluntarily for years and without pay, and after that they were transferred to Resolution 315 by previous governments, and they began working in this manner as contracts, and in the Budget Law for the year 2021, it stipulated that whoever has contract service 5 years is proven for permanent staffing, but in the food security law, the years of contractual service have been reduced to two years or more, and it is fixed for permanent staffing, and there are those who have more than five years and a financial allocation that demands the implementation of the law.
He explained, “The previous government called on the ministries to raise the lists of those who are eligible for confirmation in accordance with the Food Security Law,” explaining that “the current government took the decision to confirm contracts without hesitation, but at the same time we stopped appointments, whether they were in the form of contracts, wages, or even in the form of voluntary work.”

And he continued, “Any official government agency that issues an order to appoint contracts or wages contrary to the announced decision is referred to investigation,” stressing, “In the budget law, appointment will be suspended until further notice, except for medical training,” noting, “The government has solved problems for employees who have a legal basis.” With the existence of a financial allocation determined by the competent and financial ministry, accordingly, the installation decision was taken.

 

The Deal of the Century

And between al-Sudani, that “the issue of theft of tax secretariats (theft of the century), was pursued by me when I was a deputy, that is, before I was prime minister and I had its priorities, and I hoped that it would be opened while I was in the government,” noting that “this file was opened in the time of the previous government.

He continued, "The rest of the defendants liquidated their money and fled, with the exception of the accused, Nour Zuhair, who was arrested during his attempt to escape," explaining that "the decision to arrest or release him was not a government decision, but rather it was the judiciary."
And he stated, “The recent dialogue that was published with the judge of the Karkh Investigation Court, specialized in cases of integrity, Diaa Jaafar, was a courageous dialogue and explained the specific dimensions of the case,” pointing out that “the uproar raised about this accused, the bulk of it has artificial dimensions, while the other part has It came to enhance the citizen’s reassurance regarding the past procedures in the case.”

And he stated, “Nour Zuhair is the black box, and he is now under the control and disposal of the judiciary in investigation and recovery, as the money he stole distributed to a group of influential politicians, banks, personalities, and media professionals,” noting that “upon his release, he began the process of recovering his money, to return it with the same Time to state.”

And he continued, "These politicians, media professionals, and banks denied having the money with them," explaining, "There are official authorities in force in the previous government involved in the case, and the papers and names will be revealed soon by the judiciary."

And he stated, “Some of them began to return the money in the form of payments, which were delivered to the judge, and the first payment was initiated,” explaining, “The uproar that some raised about his release came because it is not in the interest of these people that Nour stay in prison so that he does not demand money from them.” .

And he indicated, “Nour Zuhair is accused of stealing one trillion and 600 billion, and it is in the government’s interest to return these sums,” noting, “I support system" rel="">support, encourage and support system" rel="">support the judiciary’s decision in recovering the money and holding the accused accountable, as the procedures are clear and done with full transparency.”

He stated, "The government will not leave the rest of the wanted persons in the case, and there is a specialized team from the security services that is chasing them inside and outside Iraq and they will be recovered," pointing out that "we have now circulated in Interpol orders to arrest them in all countries, as we went to France and signed an agreement with French Anti-Corruption Agency.

And he stated, “Iraq is part of the international convention against corruption, as when we are a party to the convention at the United Nations level, it is the duty of every country to hand over the wanted persons,” pointing out that “our constant axes in any meeting with any official who comes from The outside is taking measures to combat corruption, including the extradition of wanted persons and smuggled funds.”
He emphasized that “there is no criminal far from the hands of justice and he will be reached anywhere,” pointing out that “there are employees involved in the case and they are the ones who provided facilities with Nour Zuhair, who took advantage of the state’s chaos, and 3 trillion and 700 billion dinars were stolen.”

He pointed out that “slack in protecting public money encouraged theft,” noting that “there are 5 well-known companies involved in the case, through receipts submitted to the judiciary.”
He pointed out that “the government contracted earlier with an international company to audit guarantees, to make sure of the stolen amount,” pointing out that “the issue of combating corruption is an irreversible decision and work is continuing on it, as the last of which was the arrest of a tax network related to the case of a deal.” century.”

anti-Corruption

And he stated, “Our procedures in combating corruption are legal, studied, and supported by documents and papers that are being investigated and the suspect is arrested with evidence,” noting that “we started with a qualitative procedure, which is the disclosure of financial disclosure according to the principle of where did you get this from.”
And he continued, “The law will be amended to include any person who has become abnormally rich by checking his money,” explaining that “the money that is stolen is at the disposal of those close to the accused, as the former director of the tax authority who was recently arrested turned out to have 11 properties in the name of his wife, because of theft, and there are investigations for everyone suspected of being involved in theft.”

And he stated, “Corruption is the real threat to the Iraqi state after ISIS, as it disrupts services and all projects and programs,” calling on citizens to “cooperate with the oversight agencies in providing real information and not defamation, misleading and forgery information that wastes effort and time and causes a backlash, because many Honest employees stand up to responsibility, but they fear defamation campaigns led by some corrupt people.”

He stressed, “There are websites, pages, and media channels whose mission is to blackmail officials,” noting that “the Integrity Commission addressed all satellite channels through the Communications and Media Commission and informed them of the presence of an investigator in each satellite channel with the aim of collecting corruption files that officials in those channels reveal.”

He pointed out, "Iraq needs a popular and national campaign against corruption, as it is a serious scourge that threatens the state."

Can someone please give me the Reader's Digest version? That article is equal in size to a bill in Congress. With the pork.

Seriously, what is the gist of this article. Please. Anyone brave enough to tackle it and write in their own very few words, HA! what the heck it said?

Anyone?

[6ly410]

Al-Fatlawi: Al-Sudani's measures are sufficient to restore the exchange rate of the dollar

Posted 17 seconds ago

 / Fatlawi: Sudanese measures are enough to restore the dollar exchange rate - Iraq news (iraqakhbar-com.translate.goog)

 

 

news source /Iraqi media news agency "INA"

 

/ Baghdad

Today, Wednesday, the leader of the Al-Fateh Alliance, Ali Hussein Al-Fatlawi, confirmed the ability of government measures to restore the exchange rate of the dollar to its normal state, indicating that the plans announced by Al-Sudani are important in stabilizing the exchange rate.

 Al-Fatlawi said in a statement quoted by the correspondent (Iraqi Information News Agency /) that "we are optimistic about the measures of Prime Minister Muhammad Shia'a Al-Sudani to overcome the dollar crisis through his practice of working with high professionalism towards the crisis, relying on highly professional plans and procedures."

He added that “the plans revealed by Al-Sudani would limit the rise of the dollar and return its exchange to what it was according to the exchange rate set by the Central Bank,” noting that “what he proposed of procedures and solutions capable of overcoming the external and internal causes that were the cause of the rise in the exchange rate of the dollar.”

Prime Minister Muhammad Shia al-Sudani had confirmed his determination to restore the exchange rate of the dollar and hold traders accountable for manipulating prices.

T / z.m

[6ly410]

 

[6ly410]

 

[6ly410]

 

[6ly410]

 

[yota691]

A senior delegation will visit Washington soon

Al-Sudani details the causes of the dollar crisis: currency smuggling out of Iraq is a fait accompli

2023.01.31 - 22:09

 

Baghdad - people   

Prime Minister Muhammad Shia al-Sudani spoke, on Tuesday, about the reasons for the rise in the exchange rates of the dollar on the Iraqi Stock Exchange, while he pledged to return it to its official price.  

  

  

  

Al-Sudani said, in an interview conducted with him by colleague Karim Hammadi, followed by “NAS” (January 31, 2023), that “the dollar’s rise and price fluctuations were not the result of a government or parliamentary decision or from the Central Bank.”  

  

He added, "The reasons for fluctuations in the exchange rates of the dollar are due to the application of international standards and what is related to the relationship between the Iraqi Central Bank, the US Federal Reserve and the US Treasury, or the so-called standards of compliance and money transfer, and this is a memorandum signed with the Iraqi Central Bank two years ago."  

  

He expressed his "regret over the procedures in this regard, which were not at the required level by the Central Bank."  

  

And he stated, "The smuggling of currency out of Iraq is a fait accompli and this has been a chronic problem for years," pointing out that "the smuggled money was coming out through forged bills."  

  

He pointed out that "we have formed security teams specialized in every place, whether at ports or roads, and we have installed sonar at the controls to detect money," stressing, "We are serious about procedures for detecting smuggled money."  

  

He continued, "Iraq's financial situation is at its best, and we have a balance, revenues, budget, and the ability to purchase any material."  

  

He added, "We directed the Ministry of Commerce to import any material needed by the Iraqi market," pointing out that "we have no concern in terms of high prices, and they will be controlled."  

  

He said, "We will save the dollar and return it to its official rate," noting that "a high-level delegation headed by the foreign minister will visit Washington on the seventh of February to discuss more than one file, including fluctuations in dollar prices."  

  

He pointed out that "all possibilities are contained in adjusting the exchange rate of the dollar in the 2023 budget," noting that "appointments in the budget will be suspended until further notice, with the exception of the medical gradient."  

  

And he stated, "Iraq does not need combat forces, and our security services are able to control security against any threat," noting, "We need to arrange the form of the relationship with the international coalition."  

[yota691]

Cougar: The dollar's rise has not gone out of government control and will stabilize within two months

• Time: 02/01/2023 13:28:20
•  
• Read: 1,365 times

  

{Economic: Al Furat News} A member of the Parliamentary Finance Committee ruled out that the dollar exchange rate was out of government control.

Jamal Cougar told {Euphrates News} agency: "Despite the high exchange rates of the dollar, the reins of affairs did not go out of the government's control, and matters cannot deviate from that, even if the exchange rates reached 200,000 dinars per hundred dollars, and this does not mean that the dollar has gone out of control." the control".
He added, "The return of the exchange rate to 1470 dinars is possible, but it will take time, up to one to two months from now."
And Prime Minister Muhammad Shia al-Sudani announced yesterday that "the rise in dollar prices was not a governmental or parliamentary decision," noting that "the official price of the dollar is still 1450 dinars in the Central Bank," denying "the existence of any decision to raise the exchange rates of the dollar."
Al-Sudani promised, "Iraq's financial situation is at its best," reassuring citizens that "they will not worry about rising prices and they will be controlled."
He added, "We will work to restore the exchange rate of the dollar to its official rate," calling on "citizens not to acquire the dollar, and the dinar is the strongest."
The Prime Minister revealed that "a delegation headed by the Foreign Minister will visit Washington on the seventh of February to discuss more than one file, including fluctuations in dollar prices."

Raghad Daham

[keylime]

1 hour ago, 6ly410 said:

 

The million dollar...er....ten million dinar question is....What do they consider the normal price?