Bond Lady's Corner
Iraqi News and Highlights Saturday AM 7-11-20
TLM724 Administrator
Parliament Recommends Stopping The Renewal Of Mobile Phone Licenses
Saturday 11 July 2020 52 Baghdad / Al-Sabah First Deputy Speaker of Parliament Hassan Karim Al-Kaabi recommended stopping the renewal of mobile phone licenses recently approved by the Council of Ministers, noting that this recommendation comes due to poor service provided by the telephone companies, while MP Alaa Al-Rubaie confirmed the intention to conduct an investigation into the decision-making mechanisms and He stands behind the debt proposals for the benefit of or even the announced amount of the license.
According to a statement issued by his office, Al-Sabah received a copy of it. Al-Kaabi recommended the cabinet to stop its decision to renew mobile phone licenses due to poor service by the phone companies, problems related to its debts, and the high price of the cost for communications and the Internet.
The first deputy's address came after the official requests that were submitted by three parliamentary committees, namely "media and communications, integrity and finance."
Al-Kaabi called on the cabinet to present the request to the ministers to reverse the decision to renew these companies and inform the parliament.
For his part, member of the House of Representatives Alaa Al-Rubaie said in a statement that Al-Sabah received a copy of it, that "at a time when everyone expected that the Media and Communications Commission will back down from its decision to extend the contracts of mobile phone companies after the national positions of the Iraqi people in general and to deputies, politicians and elites rejecting this disgraceful decision We find that it comes out to us to play the role of lawyer for these companies instead of protecting the interests of Iraq,
which has suffered and is still suffering from the mismanagement of some of its institutions, and we find it not keen on public money to find unrealistic construction justifications for these companies through justification on the pretext of their operating expenses such as electricity, security and others..
Al-Rubaie added, "Everyone knows that the current conditions of Iraq are much better than in 2007, and these companies when I entered the Iraqi market have a complete idea of the conditions in which they live, in addition to these companies failing to implement many of the terms of their work licenses, especially technical ones, as well as poor service and prices. ".
He continued, "We will carry out high-level investigations on this, as well as demanding all the records of negotiating with these companies, which the authority mentioned in the statement, as well as the mechanisms for calculating these prices and how to issue decisions of the Board of Trustees that were submitted to the cabinet meeting and the accompanying of the violations that have been indicated."
He pointed out that "the House of Representatives will remain the defender of public money and will hold accountable all those who obstructed the launch of the fourth license, which the Media and Communications Authority was declaring to us its readiness as well as the project of the National Mobile Company and in the interest of those who were delayed."
Stressing, "We will investigate the mechanisms of taking this decision and who is behind the proposals for debt allocation and in the interest of or even the amount of the declared license amount."
Al-Rubaie pointed out that "the statement of the Media and Communications Commission tried to overlook again and falsify the facts on the cabinet by saying that this decision will contribute to increasing the volume of trades of these companies in the Iraq Stock Exchange, and everyone knows as these companies' trades indicate that they are ink on paper and did not achieve interest The real thing is because the listings were marred by a lot of mystery and corruption, and we will have a tour of that File ". LINK
The Central Bank Issues An Explanation Regarding The Decision Of The European Union Commission
Saturday 11 July 2020 32 Baghdad / Al-Sabah A statement by the Central Bank of Iraq clarified that in light of the decision of the European Union Commission to keep Iraq in the revised list of high-risk countries regarding money laundering and terrorist financing.
The Anti-Money Laundering and Terrorist Financing Office wishes to clarify that efforts to remove Iraq from the European list of high-risk countries are still ongoing Since the issuance of that list for the first time in 2016, which was more comprehensive than the list issued by the International Financial Action Group (FATF),and in 2018,
after fulfilling many requirements and clear progress in the Iraq file in the field of combating money laundering and terrorist financing, the name of Iraq has been removed from The international list of the FATF group to escalate as a result of that effort and concert in order to accelerate the removal of his name from the European list through full compliance with European standards in this the field.
Systems version
Iraq has continued, through high-level coordination between its governmental agencies, to develop measures to combat money laundering and terrorist financing by issuing regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to uncovering this type of operation, in addition to entering into bilateral and multilateral treaties on international cooperation in combating these crimes.
The continued inclusion of Iraq in the European Union list was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the Iraqi situation in the field or communicate with Iraq directly, and because this reason was not A technical or acceptable reason for the continued inclusion of Iraq in this list.
The Ministry of Foreign Affairs and the Ministry of Finance initiated the sending of letters of protest against the recent European Commission’s recommendation not to remove Iraq from the list, and the Anti-Money Laundering and Terrorist Financing Office continued to hold meetings with the relevant authority in the Commission to explain and present evidence that Prove that Iraq meets the requirements and standards of the European Union in the area of combating money laundering and terrorist financing.
Governmental entities
It is important to note that the last recommendation of the European Commission has not yet entered into force and that it does not mean preventing dealing with Iraq, but rather is limited to applying due diligence towards financial transactions that Iraqi institutions are part of, and that the exceptional efforts made by government agencies recently contributed to the delivery of the Voice of Iraq And its real efforts in this area. It is hoped that the European list will be reviewed soon, and that the name of Iraq will be removed from it. LINK
Agriculture: Control Of Border Crossings Is A Fundamental Shift In The Path Of Nation Building
Political| 03:19 - 07/11/2020 Baghdad - Mawazine News,The Ministry of Agriculture confirmed, on Saturday, that controlling border crossings is a fundamental transformation step in the path of state building.
The ministry’s spokesperson, Hamid Al-Nayef, said, “The arrival of the Prime Minister, accompanied by the head of the Border Outlets Authority and a number of military leaders and trained military forces to the Mandali and Munthiriya executives, is a step in the right direction. In the interest of protecting the local product in general and the agricultural product in particular. "
Al-Nayef added, "Control of the outlets represents a message of reassurance to the peasants and farmers in order to continue to increase agricultural production in quantity and quality, all the way to self-sufficiency." He pointed out that "this visit is a positive step and represents a clear message for all Iraqis to continue the effort and production."
He stressed, "The ministry is continuing to support farmers and farmers with inputs as well as outputs in order to encourage them to increase the cultivated areas," calling for "continued control of all official border outlets as well as the closure of informal outlets in order to increase local production on the one hand and increase state revenues on the one hand The last."
https://www.mawazin.net/Details.aspx?jimare=109440
The Stock Exchange Organizes "Virtual" Workshops For The Banking Sector
Market Economy News – Baghdad The Iraq Stock Exchange (Stock Exchange) announced that it has organized a "virtual" workshop in which a number of bank shareholders and academic elites participated.
The workshop was presented by the delegated manager of the Baghdad Bank, Basil Al-Dahi, during which he talked about the financial and informational disclosure of the bank during 2019 and the quarterly financial statements for the year 2020.
A market statement received by "Al-Iqtisad News" stated that "the Iraq stock market will continue to organize these workshops via the Internet with most of the listed companies," noting that the reason for holding the workshops is "to educate the community on the results of the businesses of the joint-stock companies registered in it."
He pointed out that he will organize today a "virtual" workshop for the National Bank of Iraq for shareholders and those interested in stock activity.
Number of views 25 Date added 11/07/2020 http://economy-news.net/content.php?id=20982
Iran Receives 50 Percent Of The Dues To Export Electricity To Iraq
Energy Economy News _ Baghdad Iranian Assistant Energy Minister Humayun Haeri announced on Saturday that Iran has received 50 percent of the dues due to exporting electricity to Iraq.
Haeri said in a statement to the Iranian "Mehr" Agency, which was viewed by "Al-Iqtisad News", that the process of supplying electricity to Iraq is continuing, and that the Iranian Energy Minister, on his recent visit to the neighboring country, concluded a two-year contract.
He indicated that 50 percent of the dues resulting from the export of electricity to Iraq have been received, and it is planned, through a mechanism, to receive the remaining dues through the existing banking transactions.
Haeri stressed that the volume of Iran's electricity exports to neighboring countries is variable, and depends on the season according to summer and winter.
Number of views 38 Date added 11/07/2020 http://economy-news.net/content.php?id=20977
______________________________________________________
Iraqi News and Highlights Saturday PM 7-11-20
TLM724 Administrator
The Exchange Rates Of The Dollar In The Iraqi Markets
Economy Saturday 11 July 2020 | 11:59 am| Views: 265
Prices of buying and selling dollars at the official and private banking firms and offices for this day, corresponding to Saturday 07/11/2020
Baghdad - Al-Kifah Stock Exchange / 122,750
Price in banking
Sale / 123,000
Purchase / 122.500
https://aynaliraqnews.com/index.php?aa=news&id22=136142
Iraq Is Ranked 143 Globally Worldwide In The E-Government Index For 2020
Iraq 07/11/2020 Iraq ranked 143 globally worldwide out of 170 countries in the e-government index for 2020.
Despite the rise of Iraq from the 155th position in 2019 to 143, it occupied the penultimate position among West Asian countries, surpassing only Yemen.
The factor of e-government for the year 2020 to Iraq reached 0.43 after it was 0.33 in 2019. Syria, which was close to the center of Iraq, rose from 152nd to 131st, Lebanon fell to 127th and Jordan to 117th, while the first country in West Asia was Cyprus, which achieved a factor of 0.87, followed by the UAE with a rate of 0.855
One of the most important reasons for the decline in the status of Iraq was that Iraq obtained a score of zero in open government data, and it is one of the most important criteria that determine the amount of use of electronic government.
https://www.radionawa.com/all-detail.aspx?jimare=21149
Al-Kazemi: The Stage Of Restoring Order And Law Has Begun ... And We Will Not Allow The Theft Of Public Money In Outlets / Extender
Saturday 11, July 2020 12:28 | PoliticalViews: 260
Baghdad ( NINA ) - Prime Minister Mustafa Al-Kazimi said that the stage of restoring order and law has begun, and we will not allow the theft of public funds in outlets.
Al-Kazimi said during the reopening of the Mandali port: "The stage of restoring order and law has begun and we will not allow the theft of public money in the outlets," noting that "the customs campus is under the protection of military forces."
He added, "Our visit to the port is a clear message to all the corrupt that you do not have a foothold in the border crossings as a whole." He called "all circles to work to fight corruption because it is a public demand."
He continued, "We have prepared plans to fight the corrupt and all must join hands to fulfill this demand," explaining that "we have granted powers to the head of the border outlets to pursue the corrupt in all border outlets." / End 10
https://ninanews.com/Website/News/Details?key=843244
Al-Kazimi Is Threatening A Border Crossing With Iran To Fight Customs Corruption In Iraq
July 11, 2020 26 Mandali border crossing (Iraq) - (AFP) - Iraqi Prime Minister Mustafa Al-Kazemi launched a new campaign Saturday against corruption at border checkpoints, saying that the country lost millions of dollars due to poor taxation of imported goods.
While at the Mandali border crossing with Iran, Al-Kazemi said, in response to a question, told AFP that the government would pursue "ghosts" that were transporting cargo trucks across the border without paying customs duties.
He added, "This is a message to all the corrupt and whoever tries to blackmail the citizens, that today we will restore the prestige of the state."
The Prime Minister continued, "The ghosts in the customs campus provoke and blackmail the Iraqi national merchant or businessman."
He asked, in front of the journalists who circled around him alongside the head of the Border Ports Authority, Omar Al-Waeli, that "businessmen pay the customs and not pay the bribes."
And Finance Minister Ali Allawi had made it clear during an interview with France Press last June that customs taxes should be about six billion dollars annually, but what is being collected is less than a billion dollars now.
On Saturday, Al-Kazemi promised to carry out "three-stage" reforms, in particular by replacing security forces operating in border posts, and automating data and financial exchanges.
The Mandali crossing was opened in the year 2014, and has since been controlled by members of the Iraqi Intelligence Service and the Popular Mobilization Forces.
Jurists and businessmen frequently accuse armed factions of accepting bribes to import imported goods or building materials into the country.
This crossing was closed on Saturday, similar to the 33 crossings that Iraq shares with its neighbors, due to the embargo imposed to prevent the spread of the Covid-19 epidemic.
And Iraq, which depends more than 90 percent of its budget on oil, is going through the worst economic crisis in its history, as the second largest oil producer in OPEC failed to diversify the economy and find alternatives to black gold.
To make matters worse, Iraq is one of the most corrupt countries in the world, and it has lost nearly 450 billion dollars due to theft and embezzlement operations during the past 17 years. LINK
To read more current and reliable Iraqi news please visit Bond Lady’s Corner:
https://www.bondladyscorner.com/
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2020 Dinar Chronicles
Iraqi News and Highlights Saturday AM 7-11-20
TLM724 Administrator
Parliament Recommends Stopping The Renewal Of Mobile Phone Licenses
Saturday 11 July 2020 52 Baghdad / Al-Sabah First Deputy Speaker of Parliament Hassan Karim Al-Kaabi recommended stopping the renewal of mobile phone licenses recently approved by the Council of Ministers, noting that this recommendation comes due to poor service provided by the telephone companies, while MP Alaa Al-Rubaie confirmed the intention to conduct an investigation into the decision-making mechanisms and He stands behind the debt proposals for the benefit of or even the announced amount of the license.
According to a statement issued by his office, Al-Sabah received a copy of it. Al-Kaabi recommended the cabinet to stop its decision to renew mobile phone licenses due to poor service by the phone companies, problems related to its debts, and the high price of the cost for communications and the Internet.
The first deputy's address came after the official requests that were submitted by three parliamentary committees, namely "media and communications, integrity and finance."
Al-Kaabi called on the cabinet to present the request to the ministers to reverse the decision to renew these companies and inform the parliament.
For his part, member of the House of Representatives Alaa Al-Rubaie said in a statement that Al-Sabah received a copy of it, that "at a time when everyone expected that the Media and Communications Commission will back down from its decision to extend the contracts of mobile phone companies after the national positions of the Iraqi people in general and to deputies, politicians and elites rejecting this disgraceful decision We find that it comes out to us to play the role of lawyer for these companies instead of protecting the interests of Iraq,
which has suffered and is still suffering from the mismanagement of some of its institutions, and we find it not keen on public money to find unrealistic construction justifications for these companies through justification on the pretext of their operating expenses such as electricity, security and others..
Al-Rubaie added, "Everyone knows that the current conditions of Iraq are much better than in 2007, and these companies when I entered the Iraqi market have a complete idea of the conditions in which they live, in addition to these companies failing to implement many of the terms of their work licenses, especially technical ones, as well as poor service and prices. ".
He continued, "We will carry out high-level investigations on this, as well as demanding all the records of negotiating with these companies, which the authority mentioned in the statement, as well as the mechanisms for calculating these prices and how to issue decisions of the Board of Trustees that were submitted to the cabinet meeting and the accompanying of the violations that have been indicated."
He pointed out that "the House of Representatives will remain the defender of public money and will hold accountable all those who obstructed the launch of the fourth license, which the Media and Communications Authority was declaring to us its readiness as well as the project of the National Mobile Company and in the interest of those who were delayed."
Stressing, "We will investigate the mechanisms of taking this decision and who is behind the proposals for debt allocation and in the interest of or even the amount of the declared license amount."
Al-Rubaie pointed out that "the statement of the Media and Communications Commission tried to overlook again and falsify the facts on the cabinet by saying that this decision will contribute to increasing the volume of trades of these companies in the Iraq Stock Exchange, and everyone knows as these companies' trades indicate that they are ink on paper and did not achieve interest The real thing is because the listings were marred by a lot of mystery and corruption, and we will have a tour of that File ". LINK
The Central Bank Issues An Explanation Regarding The Decision Of The European Union Commission
Saturday 11 July 2020 32 Baghdad / Al-Sabah A statement by the Central Bank of Iraq clarified that in light of the decision of the European Union Commission to keep Iraq in the revised list of high-risk countries regarding money laundering and terrorist financing.
The Anti-Money Laundering and Terrorist Financing Office wishes to clarify that efforts to remove Iraq from the European list of high-risk countries are still ongoing Since the issuance of that list for the first time in 2016, which was more comprehensive than the list issued by the International Financial Action Group (FATF),and in 2018,
after fulfilling many requirements and clear progress in the Iraq file in the field of combating money laundering and terrorist financing, the name of Iraq has been removed from The international list of the FATF group to escalate as a result of that effort and concert in order to accelerate the removal of his name from the European list through full compliance with European standards in this the field.
Systems version
Iraq has continued, through high-level coordination between its governmental agencies, to develop measures to combat money laundering and terrorist financing by issuing regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to uncovering this type of operation, in addition to entering into bilateral and multilateral treaties on international cooperation in combating these crimes.
The continued inclusion of Iraq in the European Union list was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the Iraqi situation in the field or communicate with Iraq directly, and because this reason was not A technical or acceptable reason for the continued inclusion of Iraq in this list.
The Ministry of Foreign Affairs and the Ministry of Finance initiated the sending of letters of protest against the recent European Commission’s recommendation not to remove Iraq from the list, and the Anti-Money Laundering and Terrorist Financing Office continued to hold meetings with the relevant authority in the Commission to explain and present evidence that Prove that Iraq meets the requirements and standards of the European Union in the area of combating money laundering and terrorist financing.
Governmental entities
It is important to note that the last recommendation of the European Commission has not yet entered into force and that it does not mean preventing dealing with Iraq, but rather is limited to applying due diligence towards financial transactions that Iraqi institutions are part of, and that the exceptional efforts made by government agencies recently contributed to the delivery of the Voice of Iraq And its real efforts in this area. It is hoped that the European list will be reviewed soon, and that the name of Iraq will be removed from it. LINK
Agriculture: Control Of Border Crossings Is A Fundamental Shift In The Path Of Nation Building
Political| 03:19 - 07/11/2020 Baghdad - Mawazine News,The Ministry of Agriculture confirmed, on Saturday, that controlling border crossings is a fundamental transformation step in the path of state building.
The ministry’s spokesperson, Hamid Al-Nayef, said, “The arrival of the Prime Minister, accompanied by the head of the Border Outlets Authority and a number of military leaders and trained military forces to the Mandali and Munthiriya executives, is a step in the right direction. In the interest of protecting the local product in general and the agricultural product in particular. "
Al-Nayef added, "Control of the outlets represents a message of reassurance to the peasants and farmers in order to continue to increase agricultural production in quantity and quality, all the way to self-sufficiency." He pointed out that "this visit is a positive step and represents a clear message for all Iraqis to continue the effort and production."
He stressed, "The ministry is continuing to support farmers and farmers with inputs as well as outputs in order to encourage them to increase the cultivated areas," calling for "continued control of all official border outlets as well as the closure of informal outlets in order to increase local production on the one hand and increase state revenues on the one hand The last."
https://www.mawazin.net/Details.aspx?jimare=109440
The Stock Exchange Organizes "Virtual" Workshops For The Banking Sector
Market Economy News – Baghdad The Iraq Stock Exchange (Stock Exchange) announced that it has organized a "virtual" workshop in which a number of bank shareholders and academic elites participated.
The workshop was presented by the delegated manager of the Baghdad Bank, Basil Al-Dahi, during which he talked about the financial and informational disclosure of the bank during 2019 and the quarterly financial statements for the year 2020.
A market statement received by "Al-Iqtisad News" stated that "the Iraq stock market will continue to organize these workshops via the Internet with most of the listed companies," noting that the reason for holding the workshops is "to educate the community on the results of the businesses of the joint-stock companies registered in it."
He pointed out that he will organize today a "virtual" workshop for the National Bank of Iraq for shareholders and those interested in stock activity.
Number of views 25 Date added 11/07/2020 http://economy-news.net/content.php?id=20982
Iran Receives 50 Percent Of The Dues To Export Electricity To Iraq
Energy Economy News _ Baghdad Iranian Assistant Energy Minister Humayun Haeri announced on Saturday that Iran has received 50 percent of the dues due to exporting electricity to Iraq.
Haeri said in a statement to the Iranian "Mehr" Agency, which was viewed by "Al-Iqtisad News", that the process of supplying electricity to Iraq is continuing, and that the Iranian Energy Minister, on his recent visit to the neighboring country, concluded a two-year contract.
He indicated that 50 percent of the dues resulting from the export of electricity to Iraq have been received, and it is planned, through a mechanism, to receive the remaining dues through the existing banking transactions.
Haeri stressed that the volume of Iran's electricity exports to neighboring countries is variable, and depends on the season according to summer and winter.
Number of views 38 Date added 11/07/2020 http://economy-news.net/content.php?id=20977
______________________________________________________
Iraqi News and Highlights Saturday PM 7-11-20
TLM724 Administrator
The Exchange Rates Of The Dollar In The Iraqi Markets
Economy Saturday 11 July 2020 | 11:59 am| Views: 265
Prices of buying and selling dollars at the official and private banking firms and offices for this day, corresponding to Saturday 07/11/2020
Baghdad - Al-Kifah Stock Exchange / 122,750
Price in banking
Sale / 123,000
Purchase / 122.500
https://aynaliraqnews.com/index.php?aa=news&id22=136142
Iraq Is Ranked 143 Globally Worldwide In The E-Government Index For 2020
Iraq 07/11/2020 Iraq ranked 143 globally worldwide out of 170 countries in the e-government index for 2020.
Despite the rise of Iraq from the 155th position in 2019 to 143, it occupied the penultimate position among West Asian countries, surpassing only Yemen.
The factor of e-government for the year 2020 to Iraq reached 0.43 after it was 0.33 in 2019. Syria, which was close to the center of Iraq, rose from 152nd to 131st, Lebanon fell to 127th and Jordan to 117th, while the first country in West Asia was Cyprus, which achieved a factor of 0.87, followed by the UAE with a rate of 0.855
One of the most important reasons for the decline in the status of Iraq was that Iraq obtained a score of zero in open government data, and it is one of the most important criteria that determine the amount of use of electronic government.
https://www.radionawa.com/all-detail.aspx?jimare=21149
Al-Kazemi: The Stage Of Restoring Order And Law Has Begun ... And We Will Not Allow The Theft Of Public Money In Outlets / Extender
Saturday 11, July 2020 12:28 | PoliticalViews: 260
Baghdad ( NINA ) - Prime Minister Mustafa Al-Kazimi said that the stage of restoring order and law has begun, and we will not allow the theft of public funds in outlets.
Al-Kazimi said during the reopening of the Mandali port: "The stage of restoring order and law has begun and we will not allow the theft of public money in the outlets," noting that "the customs campus is under the protection of military forces."
He added, "Our visit to the port is a clear message to all the corrupt that you do not have a foothold in the border crossings as a whole." He called "all circles to work to fight corruption because it is a public demand."
He continued, "We have prepared plans to fight the corrupt and all must join hands to fulfill this demand," explaining that "we have granted powers to the head of the border outlets to pursue the corrupt in all border outlets." / End 10
https://ninanews.com/Website/News/Details?key=843244
Al-Kazimi Is Threatening A Border Crossing With Iran To Fight Customs Corruption In Iraq
July 11, 2020 26 Mandali border crossing (Iraq) - (AFP) - Iraqi Prime Minister Mustafa Al-Kazemi launched a new campaign Saturday against corruption at border checkpoints, saying that the country lost millions of dollars due to poor taxation of imported goods.
While at the Mandali border crossing with Iran, Al-Kazemi said, in response to a question, told AFP that the government would pursue "ghosts" that were transporting cargo trucks across the border without paying customs duties.
He added, "This is a message to all the corrupt and whoever tries to blackmail the citizens, that today we will restore the prestige of the state."
The Prime Minister continued, "The ghosts in the customs campus provoke and blackmail the Iraqi national merchant or businessman."
He asked, in front of the journalists who circled around him alongside the head of the Border Ports Authority, Omar Al-Waeli, that "businessmen pay the customs and not pay the bribes."
And Finance Minister Ali Allawi had made it clear during an interview with France Press last June that customs taxes should be about six billion dollars annually, but what is being collected is less than a billion dollars now.
On Saturday, Al-Kazemi promised to carry out "three-stage" reforms, in particular by replacing security forces operating in border posts, and automating data and financial exchanges.
The Mandali crossing was opened in the year 2014, and has since been controlled by members of the Iraqi Intelligence Service and the Popular Mobilization Forces.
Jurists and businessmen frequently accuse armed factions of accepting bribes to import imported goods or building materials into the country.
This crossing was closed on Saturday, similar to the 33 crossings that Iraq shares with its neighbors, due to the embargo imposed to prevent the spread of the Covid-19 epidemic.
And Iraq, which depends more than 90 percent of its budget on oil, is going through the worst economic crisis in its history, as the second largest oil producer in OPEC failed to diversify the economy and find alternatives to black gold.
To make matters worse, Iraq is one of the most corrupt countries in the world, and it has lost nearly 450 billion dollars due to theft and embezzlement operations during the past 17 years. LINK
To read more current and reliable Iraqi news please visit Bond Lady’s Corner:
https://www.bondladyscorner.com/
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2020 Dinar Chronicles
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