Sun. AM KTFA News Articles 5-5-19

KTFA

Samson » May 5th, 2019


UN pays $ 240 million to Kuwait on behalf of Iraq


4th May, 2019

The United Nations Compensation Commission announced on Saturday that it had paid a sum of money to Kuwait on behalf of Iraq.

The Commission said in a statement read by Alsumaria News, "The Commission paid $ 240 million to a Kuwaiti oil company as compensation for war, stressing that" Iraq should now allocate a total of 1.5% of its oil exports to the Compensation Fund."

She added that "the issue that was paid compensation Of which is one of 1.5 billion dollars in total funds required to compensate more than one hundred organizations and a Kuwaiti official circle." LINK

A political analyst reveals serious details of the law delayed approval [11] years

2019/5/4 22:01

Political analyst Sabah Zangana revealed serious details of a very important law delaying his approval (11) years.

"The delay in passing the old laws, the most important of which is the oil and gas law, which has been delayed since 2008, ie, nearly 11 years, has not been taken into consideration, in order to put a large area for the oil thieves and to divide the funds among them in full relief,"Zangana told Al-Furat News.

"Therefore, all deals with distant and neighboring countries related to oil and gas are plagued by banditry and theft," he said. "Perhaps we were also happy with the passage of some laws, including the parties law, which gave power to the larger parties and the window more than the small parties."

He continued political analyst, "Today when we see the series of failures in the House of Representatives we make sure that the political process began to decline because of the lack of harmony between them, in addition to the presence of political and external pressure."

"Therefore, the termination of some files or the formation of some committees does not mean that the parliament has finished all that exists, many committees are still not resolved yet, as well as the completion of the cabinet cabaret."

"The completion of the ministerial cab will delay the fact that the subject is deeper than we think; but I expect the crisis will be resolved next month," concluded the political analyst. LINK

Parliamentary finance reveals its move to recover the money of smuggled Iraq

5th May, 2019

Revealed a member of the Finance Committee of the parliamentary, Abdul Hadi al-Saadawi, on Sunday, that many countries refuse to disclose the Iraqi funds that fled to them, indicating that the next parliamentary sessions will pass the law to recover money smuggled.

Al-Saadawi said in a statement that the "parliamentary finance, is determined to enact a law to recover money smuggled Iraq," and called on the Prime Minister and the Ministers of Finance and Foreign Affairs, "to take responsibility for the retrieval of these funds in cooperation with Interpol police."

"Most of the money is smuggled in Italy, Australia, the Netherlands, Britain, America, and other countries," he said, pointing out that "most of these countries refuse to disclose the value of this money and whereabouts, because the documents and priorities related to the subject are missing by the Iraqi government."

The Finance Committee of the Iraqi Council of Representatives, has pledged to (on May 1, 2019), open the file of money laundering smuggled abroad, by a civil bank. LINK

Don961 » May 5th, 2019

Bombiou is willing to transfer US technology to Iraq


2019/05/04 14:48:08

The Iraqi government announced on Saturday that its president Adel Abdul Mahdi received a phone call from US Secretary of State Mike Pompeo.

"Abdul Mahdi stressed the importance of strengthening cooperation between the two friendly countries and deepening economic relations and Iraq's desire to transfer technology and US expertise to Iraq and create job opportunities inside Iraq and develop vital sectors in it," a government statement said.

The statement added that Abdul Mahdi "stressed the importance of strengthening the efforts of the parties to resolve the final negotiations and the signing of the" one package "with the US company ExxonMobil to develop the Iraqi energy sector.

"The United States supports the Iraqi government and its foreign policy, and welcomes Iraq's role and its great position in the region and the promotion of economic, political and cultural cooperation between the two countries," the statement said. link

Samson » May 5th, 2019

Iraq is recovering economically ... surplus revenues and no deficit so far


4th May, 2019

The Financial Committee of the Iraqi Council of Representatives, on Friday, the fact that the budget deficit in 2019, the Iraqi state.

"I wrote a report on the budget of 2019, about the first months in terms of revenues and expenses, it turned out that there is a surplus in revenues, it is more than expenses,"committee member Magda al-Tamimi said in an interview.

Tamimi said that "Iraq's budget for 2019, do not suffer from a deficit to this moment, and I will publish a report to public opinion, on the financial abundance, owned by the government, and the absence of a real deficit so far."

The House of Representatives, voted on Wednesday (23, January 2019), in the presence of 287 deputies, the Federal Budget Law of the Republic of Iraq for fiscal year 2019.

The revenue of the federal budget for the year 2019 (one hundred and five trillion five hundred and sixty-nine billion six hundred and eighty-six million and eight hundred and seventy thousand dinars) and the calculation of revenues from the export of crude oil at a rate of $ 56 per barrel and an export rate of 38.8 million barrels per day.

The expenditure in the draft law included the allocation of one hundred and thirty-three trillion and one hundred and seven billion six hundred and sixteen million and four hundred and twelve thousand dinars, while the total deficit planned for the federal budget (twenty-seven trillion and five hundred and thirty-seven billion nine hundred and twenty-nine million and five hundred and forty-two thousand Dinar). LINK

Don961 » May 5th, 2019

Does the government need a law to recover Iraq's money?


Sunday 05 May 2019

Khalil Ibrahim Al - Obeidi

A question I can hardly say is the question of the century. Do successive governments need a law to restore the money of the Iraqi people? Or need to exclude the powerful who have a lot of this money.?

The answer is clear and clear.

One of the priorities of the government is to preserve public money. The Penal Code No. 111 of 1969 contains clear and explicit articles, as well as articles of special laws that do not allow for silence on any amount of public money. Since the first session of our fragile parliament.

The Iraqi money to others, is the mother of the total amounts stolen from the General Treasury, especially after the fall, which is very large almost the 380 billion dollars, and officials know where they are, including the amounts of silence on others like the amount found somewhere in Beirut

Of the 1.6 billion and raised the uproar around it and then ignored, or the amounts of contractors who did not execute contracts and were smuggled, or funds belonging to the former regime and is still in the possession of others, or property of the former regime of land, real estate, yachts or any other belongings belonging to the state ,

Or money belonging to the state And let him third party names, all the money and others belonging exclusively to the state was a priority for officials to search for and returned in accordance with the applicable laws do not need to pass the law of the House of Representatives, which has become for many years procrastinating ordering the existence of Lisseeih intentions towards this year's money.

The government today and before it the parliament need a real intention to restore the money, because it acts as the savior of the system of real fall in front of the people, it can be the nucleus of development plans.

Or to be a means to eliminate unemployment and rid the community of the phenomenon of suicide, the Parliament is different from the adoption of the law of restoration includes among the ranks of the seized public money or who knows the thief of this money on the adoption of the law and the government and justice and the prosecution take the initiative to conduct a campaign and coordination with Interpol to restore these Money and we do not need a law anyway, you have been disappointed in .... link

Source: Dinar Recaps
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