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Don961 » May 7th, 2019


$ 300 billion in corruption in Iraq


- 9 Hours Ago

Iraq last year ranked sixth in the Arab world and 13th in the list of the most corrupt countries in the total of 168 countries, according to Transparency International, according to Iraqi Prime Minister Adel Abdul Mahdi, corruption in the country exceeded three hundred billion dollars.

In the latest government action, Iraqi Prime Minister Adel Abdul Mahdi formed an anti-corruption council under his presidency, amid calls to hold back the corrupt.

According to the information, the corruption machine has swept more than 9,000 projects in various fields, including fake projects and other faltering since 2004, according to the government, worth more than three hundred billion dollars.

In terms of waste of public money, unofficial sources talk about more than eight hundred billion dollars over the past 15 years, and the Prime Minister has revealed so far forty files entered corruption from the widest door.

In a statement to Abdul Mahdi said that the map of corruption are two main sources: the first in the state funds, and the second in public money or in the national economy.

The Iraqi parliament has pledged to pass a package of legislation related to the work of the Integrity Commission and the recovery of state funds, in addition to finding solutions to the problem of phantom projects and stumbling, which include schools, hospitals, roads and others.

The member of the parliamentary integrity committee Laith al-Dulaimi that the country's security conditions and lack of financial resources and other matters directed support to the military and security to defend the country, and this was justified, and through which delayed many projects and pay for the Iraqi citizen.

The damage caused by the spread of corruption in Iraq is a repellent environment for foreign investors and job creation.

The island link

Samson » May 7th, 2019

Iraq is among the top 40 countries holding gold during the first quarter of 2019


7th May, 2019

The World Gold Council said Tuesday that Iraq is among the top 40 countries holding gold during the first quarter of this year

The Council said in a report published on its official website and viewed by "Economy News", "Iraq ranked 38 among the top 40 countries for their holdings of gold during the first quarter of 2019," noting that "this amount amounted to 96.3 tons, which represents 6% of reserves Iraq Other

The Council added that "the United States ranked first in the world in terms of these reserves, which amounted to more than 8133 followed by Germany with 3369 tons," indicating that "six Arab countries were among the top 40 countries for gold holdings, which included Saudi Arabia, Lebanon, Algeria, Libya, Iraq and Kuwait

The UK-based World Gold Council has extensive experience and deep knowledge of the drivers of market change and its members are among the largest and most advanced gold mining companies in the world LINK

Abdul Mahdi in Washington soon and the source reveals the reason for postponement more than once

7th May, 2019

An official source said Tuesday that Prime Minister Adel Abdul Mahdi will visit the US capital Washington soon, while revealing the most important files to be discussed.

"The visit of Prime Minister Adel Abdul-Mahdi to the US capital Washington, which has been postponed several times, will be held soon and preparations are under way," the source said. "The most prominent of these files is the war on terrorism and the reconstruction of Iraqi cities liberated from the organization and the American military support for Iraq, as well as the subject of sanctions on Iran and the need to take into account the situation of Iraq in relation to the current US-Iranian conflict," adding that "talk about the existence of problems between Abdul Mahdi The US administration is a disgrace."

In less than 10 days, Abdul Mahdi received two phone calls from US Secretary of State Mike Pompeo," he said, adding that "the postponement of the visit was due to the presence of several Iraqi files need to be arranged, and to delay the arrival of the new US ambassador Matthew Toler to Baghdad, In Iraq, but in the Americans themselves."

US Secretary of State Mike Pompeo on Saturday assured Prime Minister Adel Abdul Mahdi of his country's support for the Iraqi government and its foreign policy, while Abdul Mahdi stressed Iraq's desire to transfer US technology and expertise to Iraq. LINK

Source: Dinar Recaps
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