Bond Lady's Corner
Iraqi News Tuesday AM 9-15-20
TLM724 Administrator
The Council of Ministers votes on the Federal Budget Law of the Republic of Iraq for the fiscal year / 2020, and refers it to the House of Representatives based on the provisions of Articles 61 / Item First and 80 / Item Two) of the Constitution
https://pmo.iq/press2020/14-9-202001.htm
In Details, The Size Of The Deficit In The Current Year’s Budget And The Internal And External Loans
Pratha News Agency81 2020-09-15
A government source revealed the size of the deficit in the current year’s budget and the internal and external loans.
The source said, "The draft budget law for the current year voted on is about 148 trillion dinars, with a deficit of 81 trillion," indicating that "the texts of the current year budget do not differ from the texts in the 2019 budget."
He added, "The total oil and non-oil revenues in the 2020 budget are estimated at 67 trillion for a year," indicating that the spending process for the next 3 months is done through the budget. He pointed out that "the new internal and external borrowing in the 2020 budget amounts to 27 trillion for the purpose of meeting expenses."
The spokesman for the Prime Minister, Ahmed Mulla Talal, confirmed today, Monday, that the 2020 budget has secured the salaries of employees and retirees and social care, while noting that the 2021 budget is in the process of preparation.
The Cabinet approved the draft Federal Budget Law 2020, and sent it to the House of Representatives.
http://burathanews.com/arabic/economic/376585
Systemic Changes In Senior Positions
Tuesday 15 September 2020 101 Baghdad: Awa and the morning: Omar Abdul Latif The changes made by Prime Minister Mustafa Al-Kazemi in higher positions and special ranks constituted one of the priorities of the current government, and they are in response to the aspiration of the popular movement and citizens in general who are demanding change and reform of state institutions. The new changes that Al-Kazemi made on Monday included the appointment of 9 figures Important sites that have always had a direct impact on public life in the country. They start with the Baghdad Municipality and the Central Bank and end with the Integrity Commission.
Hours after the issuance of the list of appointments to important positions, members of the House of Representatives welcomed them, with emphasis on legal points related to these changes, and the deputy of the coalition of "Iraqis" Ali Al-Badiri believed that all the changes that Al-Kazemi made in the positions related to the independent bodies fall within what he pledged In front of the people and their representatives in the House of Representatives that he “will bear the full responsibility to go the country to a safe shore.”
He preceded the political forces - during the formation of the government - to give the green light to the Prime Minister and the full space to choose whom he deems appropriate to confront the government cabinet, to be responsible for it before the people Iraqi and his representatives in the House of Representatives in case of success or failure.
Al-Badiri added, "The names he announced, regardless of whether some of them are acceptable or not, are the first and last choice for the prime minister, and we have previously confirmed that we will remain supportive of the Al-Kazemi government as long as it is consistent with the demands of the masses and the reference calls for reform, change and fighting corruption."
Weights other changes that will extend to senior positions and special ranks that will be witnessed in the next few days, as part of Al-Kazemi's policy of pumping new and successful blood into state institutions. Member of Parliament Azad Hamid said in an interview with Al-Sabah: “Those changes that have taken place in many positions and independent bodies are good. Especially since there are names known for their success during their several positions during the previous phase.
This campaign of changes came after the many demands by the street and some officials that managers and presidents who have been in office for years should be replaced, in order to be replaced by others who could devise successful strategies in line with Prime Minister Mustafa Al-Kazemi's vision of building the state.
The Parliamentary Legal Committee, for its part, had an opinion on the changes made by Al-Kazimi, as the deputy head of the committee, Muhammad Al-Ghazi, says: “The appointments announced (Monday) are considered within the powers of the Prime Minister to make changes to government positions, but they need Parliament's approval. ».
He added, "If the names are passed through the Council of Ministers and referred to the House of Representatives officially, the Council will exercise its authority to review the CVs of the new appointees," indicating that "the special grades of Deputy Minister and above must be voted on in the House of Representatives."
Al-Ghazi pointed out that "Al-Kazemi's appointment to senior positions will be temporary under the agency system, until the names that will be officially appointed are reached." Earlier on Monday, the Prime Minister, Mustafa Al-Kazemi, made changes to senior positions, and a government source told the Iraqi News Agency (INA) that “the changes that Al-Kazemi made in a number of positions included the following:
Mustafa Ghaleb Makhaif, governor of the Central Bank, Soha Dawood Elias Al-Najjar as Chairman of the National Investment Authority, Engineer Manhal Aziz Raouf Al-Haboubi, Mayor of Baghdad, Salem Jawad Abdul-Hadi Al-Chalabi as Director of the Iraqi Trade Bank TBI, Dr. Khaled Al-Obeidi, Deputy Operations Affairs for the Iraqi National Intelligence Service, Faleh Yunus Hassan, as an agent of the National Security Agency, Faisal Wissam Al-Humais as Chairman of the Authority Securities, Sheikh Sami Al-Masoudi as Chairman of the Hajj and Umrah Authority, Alaa Jawad Hamid as Chairman of the Integrity Commission. LINK
Statement In The Name Of Of Allah The Merciful
Yesterday, Monday 9/14/2020, we directed a series of necessary changes to take place in some important administrative sites in state institutions.
This step faced various reactions, some of them from the political forces that declared their rejection of quotas in all its forms, which undoubtedly represents a reflection of a steadfast popular stance towards state building.
We affirm that these necessary changes came in line with an administrative and legal context imposed by the end of official legal periods for some officials, and even exceeding those periods from their ceilings for long periods, and that the procedure did not come to effect qualitative changes in institutions.
On this basis, most of the names put forward were chosen from within the institutions themselves, or from specialists in certain fields, taking into account the factor of integrity and experience, and ensuring national balance.
The positions of some political blocs on the issue of quotas must be accompanied by specific information about this alleged quotas. We will deal with this information seriously and verify it within the applicable contexts.
Hence, if the political forces declared their innocence of these changes and they really did not interfere with them or influence them, then how can they be accused that the changes depended on partisan quotas?
We wish everyone, based on national responsibility, to deal with the facts and contexts of the state, and its most important attestation is that the aforementioned changes took place through the natural and necessary path to revitalize the state’s work and activate its role to serve the aspirations of our people and implement their demands, and were not subject to the partisan quota mechanisms.
Mustafa Al-Kazemi, Prime Minister 15-Sep-2020 https://pmo.iq/press2020/15-9-202001.htm
Al-Kazemi Defends The Special Grade Appointments And Attacks Its Critics
Pratha News Agency88 2020-09-15 Prime Minister Mustafa Al-Kazemi defended, on Tuesday, the appointments he recently made regarding special grades, while stressing that the method of assignment came within the law and administrative procedures.
Al-Kazemi said in a statement that "On Monday, we directed a series of necessary changes in some important administrative sites in state institutions." This step faced various reactions, some of them from the political forces that declared their rejection of quotas in all its forms, which undoubtedly represents a reflection of a steadfast popular stance towards state building.
Al-Kazemi stressed in his statement, "These necessary changes came in line with an administrative and legal context imposed by the end of the official legal periods for some officials, and even exceeding those periods from their ceilings for long periods, and that the procedure did not come to bring about qualitative changes in institutions."
"On this basis, most of the names put forward were chosen from within the institutions themselves, or from specialists in certain fields, taking into account the factor of integrity and experience, and ensuring the national balance."
And he indicated that “the positions of some political blocs on the issue of quotas must be accompanied by specific information about this alleged quotas, and we will deal with this information seriously and verify it within the applicable contexts and then, if the political forces have declared their innocence of these changes and they really did not interfere with it and did not Affects it, how is it accused that the changes relied on partisan quotas?
He pointed out that "we wish everyone, based on the reality of national responsibility, to deal with the facts and contexts of the state, and its most important attestation is that the aforementioned variables took place through the natural and necessary path to activate the state's work and activate its role to serve the aspirations of our people and implement its demands, and were not subject to the partisan quota mechanisms." http://burathanews.com/arabic/news/376578
The High Exchange Rates Of The Dollar In The Local Markets
Market Economy News _ Baghdad The exchange rate of the dollar rose in the main stock markets, while it stabilized in local markets today, Tuesday (September 15, 2020).
The Kifah Stock Exchange recorded 123,350 dinars compared to 100 dollars, while the stock exchange yesterday recorded 123,200 dinars per 100 dollars.
Selling prices in the exchange shops in the local markets in Baghdad:
The selling price: 123,750 dinars per 100 dollars. Purchase price: 122.750 dinars per 100 dollars.
Number of observations 150 Date added 09/15/2020 https://economy-news.net/content.php?id=21857
Moody's: Iraq Will Witness A Significant Decline In Financial Revenues
Money and business Economy News _ Baghdad A report issued by the credit rating agency Moody's stated that a number of countries in emerging markets and below, such as Iraq, Kuwait, Ecuador and Cambodia, which depend to varying degrees on goods or tourism, are likely to witness large annual decreases in financial revenues.
In its report, the agency stated that the sharp recovery in global financial markets, following a period of unprecedented turmoil, preceded the stability of production or low rates of infection with the Coronavirus in many emerging and frontier market economies.
He indicated that while a set of political responses supported the return of risk appetite, and what appears to have been successful in avoiding a complete global financial crisis, many economies will start their recovery with greater financial and external weaknesses.
According to the report, the unprecedented economic shock hit the low-rated governments more strongly, which led to widening financial and external imbalances, at a time when emerging and sub-emerging markets witnessed an economic shock through multiple channels that included lower export values, as a result of lower commodity prices, Weak tourism and reduced global demand, in addition to fluctuations in non-resident capital flows, indicating that the macroeconomic pressures added to other tensions at the financial and external levels.
In severe cases, liquidity pressures increased towards serious stress or a deficit, at a time when the agency clarified that some governments in emerging and sub-emerging markets have benefited from emergency financing, as the large financial support by international financial institutions and the formal sector has enabled financing of financial and external gaps. partially.
The agency indicated that governments with a low sovereign rating, which overcome the crisis without defaulting in payment, will continue to face major challenges during the recovery phase, with global capital flows remaining volatile, likely to impede investment, thereby limiting job creation and consumption. .
The agency stated that the unequal economic recovery and weak financial and external conditions will create permanent credit challenges for many countries, even after the return of global economic conditions to normal.
Number of observations 97 Date added: 09/15/2020 https://economy-news.net/content.php?id=21854
Capital Bank Intends To Acquire Branches Of Bank Audi In Iraq And Jordan
Monday 14, September 2020 21:52 | EconomicalViews: 172
Amman / NINA / Capital Bank operating in the Jordanian and Iraqi markets has signed a non-binding and exclusive agreement / letter of intent to acquire the banking business of the branches of the Lebanese Bank Audi in Iraq and Jordan and purchase its assets and liabilities.
Capital Bank stated in a statement sent to the Jordan Securities Commission today that it obtained the initial approval for the acquisition from the Central Bank of Jordan and the Central Bank of Iraq.
According to the disclosure, Capital Bank will prepare a "negligent" study of all aspects related to the deal, and following the results of that study, the Securities Commission will be informed of the developments and developments.
The CEO of Capital Bank, Dawood Al Ghoul, confirmed that the bank seeks to search for the best opportunities to enhance its position in the Jordanian and Iraqi markets, and to enhance the balance of its shareholders, explaining that the intention to acquire the banking business of Bank Audi in Jordan and Iraq will reflect positively on the shareholders.
Capital Bank provides its services in the Iraqi market through its ownership of about 72% of the capital of the National Bank of Iraq, which amounts to $ 210 million, in addition to contributing to its administrative control rights, to be the only Jordanian bank that serves in the markets of Jordan and Iraq together. / End
https://ninanews.com/Website/News/Details?key=856541
Baghdad: Big Corrupt Heads Will Soon Be Overthrown
September 14, 2020418 Baghdad - Sulaymaniyah - Abdul Hussain Ghazal - time
Mustafa Al-Kazemi, Prime Minister, decided to terminate the mandate of the administrative and financial agent of the Ministry of Interior, and to assign Hussein Hassab Abd Al-Hussein assumed the duties of the position and also made changes to high-ranking positions in the state, as Mustafa Ghaleb appointed a terrifying writers governor.
Of the Central Bank, and Soha Dawood Elias Al-Najjar as Chairman of the National Investment Authority, and Salem Jawad Abdel-Hadi Al-Chalabi as Bank Director Al-Iraqi Government Trade ( TBI ), and Faisal Al-Humais as Chairman of the Securities Commission.
The changes also included the appointment of Engineer Manhal Aziz Raouf Al Haboubi as Secretary of Baghdad, and Sheikh Sami Al Masoudi as Chairman of the Hajj and Umrah, and Alaa Jawad Hamid as Chairman of the Integrity Commission, which is concerned with prosecuting corruption.
Since the formation of the Al-Kazemi government last May, it has made sweeping changes at the level of state officials Especially security leaders and administrative officials.
On Monday, Ahmed Mulla Talal, a spokesman for Iraqi Prime Minister Mustafa Al-Kazemi, revealed that the government Important names will soon be removed and referred to the judiciary for corruption.
"The statement of the religious authority is supportive of the government, and the government is going ahead," Malal Talal said in a press conference To fight corruption ».
And the Supreme Shiite cleric, Ali al-Sistani, declared during his meeting with the Special Representative of the Secretary-General of the United Nations in Iraq Jenin Hennes Blasshardt yesterday, Sunday, supports holding early elections as scheduled (June 2021) and completing the program The government in implementing social justice, prosecuting criminals, including the protesters 'killers, combating corruption, and enhancing the forces' performance Security, imposing state prestige and confining weapons in its hand.
These directives were welcomed by the Presidents of the Republic, Barham Salih, Ministers, Mustafa Al-Kazemi, Parliament, Muhammad Al-Halbousi, and a number of The political blocs, who affirmed their support for holding free and fair early elections.
The government spokesman added, "Soon, you may hear about the removal of important names and their referral to the judiciary as a result of corruption files." .
Since its formation last May, the Al-Kazemi government has undergone wide-ranging changes in high-ranking positions in the country It affected security leaders and high-ranking officials in administration and financial institutions.
These changes come within the framework of reforms in state institutions and the fight against corruption.
Mulla Talal indicated that "the fact-finding committee will soon be formed to find out the killers of the demonstrators," stressing that "The current government will not give up any of the citizens' rights."
As the Vice President of the Kurdistan Regional Government of Iraq, Qubad Talabani, during his meeting with the US ambassador to Iraq, Matthew Toller, Monday, said that the region is keen to return Peshmerga forces to Kirkuk in order to cooperate in Extend security and stability in the region, indicating that there are efforts to find a suitable ground for agreement in this regard. The relationship between Baghdad and the Kurdish region is witnessing a great positive convergence.
A statement by the Presidency of the Kurdistan Regional Government said that the Deputy Prime Minister, Qubad Talabani, is the head of the regional delegation Kurdistan to negotiate with Baghdad, discuss the latest developments in the dialogues between the region and the federal government and the conditions of the Kurdish regions Outside the administration of the region with the US ambassador to Iraq, Matthew Tueller, and the US Consul General in Erbil.
The statement indicated that in another part of the meeting, US aid to Iraq and the Kurdistan Region was discussed. As well as discussing the situation of the Corona epidemic. Talabani stressed the region’s position regarding the return of the Peshmerga forces to Kirkuk, and in particular to the Kiwan military base , Announcing in this regard that during the talks with Baghdad, this issue was raised with government officials Federalism with the aim of cooperation and participation of the Peshmerga in establishing calm and stability in these areas.
Talabani added, according to the statement, that the two sides (Baghdad and Erbil) are currently working on finding the ground, the mechanism and the appropriate procedures How to return the Peshmerga to Kirkuk. LINK
Barzani: The United Nations Can Help Iraq Overcome The Challenges It Faces
Political Tuesday 15 September 2020 | 12:59 pm| Views: 120 Baghdad / .. The President of the Kurdistan region, Nechirvan Barzani, confirmed, on Tuesday, that the United Nations can help Iraq solve its problems and overcome the situation and challenges it faces.
The regional presidency stated in a statement, "Barzani discussed with the representative of the Secretary-General of the United Nations in Iraq, Jeanine Blashart, the political process and the Iraqi situation, and the developments of the dialogue between the Kurdistan Regional Government and the Iraqi federal government in order to solve their problems."
Barzani referred to the positive role of the United Nations in Iraq, stressing that "the United Nations can help Iraq solve problems and overcome the situation and the challenges it faces." https://aynaliraqnews.com/index.php?aa=news&id22=138652
Representative Economic: The Process Of Automating The Ports Will Increase The Revenues Of The Ports By 10 Times
14:27 - 15/09/2020 The information / Baghdad ..Member of the Parliamentary Economic Committee, MP Ali Al-Lami, confirmed, Tuesday, that completing the Iraqi border crossings will double its revenues to ten times.
Al-Lami said in a statement to "the information", that "the improvement in the revenues of the Iraqi border crossings comes primarily from a real implementation of the automation file that has been stalled for 4 consecutive years because it will create a correct course of action and address many negatives, especially in light of the presence of corruption in the existing administrations, parties and influential personalities in Ports ”.
Al-Lami added, "Automating the outlets will increase the revenues of exile 10 times what we see now, and this is very important, especially in light of the stifling financial crisis experienced by Iraq."
Al-Lami added, "Automation is a fundamental and important solution that all countries of the world have adopted in order to control their revenues and keep the hands of the corrupt from them." End
https://www.almaalomah.com/2020/09/15/495231/
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Iraqi News Tuesday AM 9-15-20
TLM724 Administrator
The Council of Ministers votes on the Federal Budget Law of the Republic of Iraq for the fiscal year / 2020, and refers it to the House of Representatives based on the provisions of Articles 61 / Item First and 80 / Item Two) of the Constitution
https://pmo.iq/press2020/14-9-202001.htm
In Details, The Size Of The Deficit In The Current Year’s Budget And The Internal And External Loans
Pratha News Agency81 2020-09-15
A government source revealed the size of the deficit in the current year’s budget and the internal and external loans.
The source said, "The draft budget law for the current year voted on is about 148 trillion dinars, with a deficit of 81 trillion," indicating that "the texts of the current year budget do not differ from the texts in the 2019 budget."
He added, "The total oil and non-oil revenues in the 2020 budget are estimated at 67 trillion for a year," indicating that the spending process for the next 3 months is done through the budget. He pointed out that "the new internal and external borrowing in the 2020 budget amounts to 27 trillion for the purpose of meeting expenses."
The spokesman for the Prime Minister, Ahmed Mulla Talal, confirmed today, Monday, that the 2020 budget has secured the salaries of employees and retirees and social care, while noting that the 2021 budget is in the process of preparation.
The Cabinet approved the draft Federal Budget Law 2020, and sent it to the House of Representatives.
http://burathanews.com/arabic/economic/376585
Systemic Changes In Senior Positions
Tuesday 15 September 2020 101 Baghdad: Awa and the morning: Omar Abdul Latif The changes made by Prime Minister Mustafa Al-Kazemi in higher positions and special ranks constituted one of the priorities of the current government, and they are in response to the aspiration of the popular movement and citizens in general who are demanding change and reform of state institutions. The new changes that Al-Kazemi made on Monday included the appointment of 9 figures Important sites that have always had a direct impact on public life in the country. They start with the Baghdad Municipality and the Central Bank and end with the Integrity Commission.
Hours after the issuance of the list of appointments to important positions, members of the House of Representatives welcomed them, with emphasis on legal points related to these changes, and the deputy of the coalition of "Iraqis" Ali Al-Badiri believed that all the changes that Al-Kazemi made in the positions related to the independent bodies fall within what he pledged In front of the people and their representatives in the House of Representatives that he “will bear the full responsibility to go the country to a safe shore.”
He preceded the political forces - during the formation of the government - to give the green light to the Prime Minister and the full space to choose whom he deems appropriate to confront the government cabinet, to be responsible for it before the people Iraqi and his representatives in the House of Representatives in case of success or failure.
Al-Badiri added, "The names he announced, regardless of whether some of them are acceptable or not, are the first and last choice for the prime minister, and we have previously confirmed that we will remain supportive of the Al-Kazemi government as long as it is consistent with the demands of the masses and the reference calls for reform, change and fighting corruption."
Weights other changes that will extend to senior positions and special ranks that will be witnessed in the next few days, as part of Al-Kazemi's policy of pumping new and successful blood into state institutions. Member of Parliament Azad Hamid said in an interview with Al-Sabah: “Those changes that have taken place in many positions and independent bodies are good. Especially since there are names known for their success during their several positions during the previous phase.
This campaign of changes came after the many demands by the street and some officials that managers and presidents who have been in office for years should be replaced, in order to be replaced by others who could devise successful strategies in line with Prime Minister Mustafa Al-Kazemi's vision of building the state.
The Parliamentary Legal Committee, for its part, had an opinion on the changes made by Al-Kazimi, as the deputy head of the committee, Muhammad Al-Ghazi, says: “The appointments announced (Monday) are considered within the powers of the Prime Minister to make changes to government positions, but they need Parliament's approval. ».
He added, "If the names are passed through the Council of Ministers and referred to the House of Representatives officially, the Council will exercise its authority to review the CVs of the new appointees," indicating that "the special grades of Deputy Minister and above must be voted on in the House of Representatives."
Al-Ghazi pointed out that "Al-Kazemi's appointment to senior positions will be temporary under the agency system, until the names that will be officially appointed are reached." Earlier on Monday, the Prime Minister, Mustafa Al-Kazemi, made changes to senior positions, and a government source told the Iraqi News Agency (INA) that “the changes that Al-Kazemi made in a number of positions included the following:
Mustafa Ghaleb Makhaif, governor of the Central Bank, Soha Dawood Elias Al-Najjar as Chairman of the National Investment Authority, Engineer Manhal Aziz Raouf Al-Haboubi, Mayor of Baghdad, Salem Jawad Abdul-Hadi Al-Chalabi as Director of the Iraqi Trade Bank TBI, Dr. Khaled Al-Obeidi, Deputy Operations Affairs for the Iraqi National Intelligence Service, Faleh Yunus Hassan, as an agent of the National Security Agency, Faisal Wissam Al-Humais as Chairman of the Authority Securities, Sheikh Sami Al-Masoudi as Chairman of the Hajj and Umrah Authority, Alaa Jawad Hamid as Chairman of the Integrity Commission. LINK
Statement In The Name Of Of Allah The Merciful
Yesterday, Monday 9/14/2020, we directed a series of necessary changes to take place in some important administrative sites in state institutions.
This step faced various reactions, some of them from the political forces that declared their rejection of quotas in all its forms, which undoubtedly represents a reflection of a steadfast popular stance towards state building.
We affirm that these necessary changes came in line with an administrative and legal context imposed by the end of official legal periods for some officials, and even exceeding those periods from their ceilings for long periods, and that the procedure did not come to effect qualitative changes in institutions.
On this basis, most of the names put forward were chosen from within the institutions themselves, or from specialists in certain fields, taking into account the factor of integrity and experience, and ensuring national balance.
The positions of some political blocs on the issue of quotas must be accompanied by specific information about this alleged quotas. We will deal with this information seriously and verify it within the applicable contexts.
Hence, if the political forces declared their innocence of these changes and they really did not interfere with them or influence them, then how can they be accused that the changes depended on partisan quotas?
We wish everyone, based on national responsibility, to deal with the facts and contexts of the state, and its most important attestation is that the aforementioned changes took place through the natural and necessary path to revitalize the state’s work and activate its role to serve the aspirations of our people and implement their demands, and were not subject to the partisan quota mechanisms.
Mustafa Al-Kazemi, Prime Minister 15-Sep-2020 https://pmo.iq/press2020/15-9-202001.htm
Al-Kazemi Defends The Special Grade Appointments And Attacks Its Critics
Pratha News Agency88 2020-09-15 Prime Minister Mustafa Al-Kazemi defended, on Tuesday, the appointments he recently made regarding special grades, while stressing that the method of assignment came within the law and administrative procedures.
Al-Kazemi said in a statement that "On Monday, we directed a series of necessary changes in some important administrative sites in state institutions." This step faced various reactions, some of them from the political forces that declared their rejection of quotas in all its forms, which undoubtedly represents a reflection of a steadfast popular stance towards state building.
Al-Kazemi stressed in his statement, "These necessary changes came in line with an administrative and legal context imposed by the end of the official legal periods for some officials, and even exceeding those periods from their ceilings for long periods, and that the procedure did not come to bring about qualitative changes in institutions."
"On this basis, most of the names put forward were chosen from within the institutions themselves, or from specialists in certain fields, taking into account the factor of integrity and experience, and ensuring the national balance."
And he indicated that “the positions of some political blocs on the issue of quotas must be accompanied by specific information about this alleged quotas, and we will deal with this information seriously and verify it within the applicable contexts and then, if the political forces have declared their innocence of these changes and they really did not interfere with it and did not Affects it, how is it accused that the changes relied on partisan quotas?
He pointed out that "we wish everyone, based on the reality of national responsibility, to deal with the facts and contexts of the state, and its most important attestation is that the aforementioned variables took place through the natural and necessary path to activate the state's work and activate its role to serve the aspirations of our people and implement its demands, and were not subject to the partisan quota mechanisms." http://burathanews.com/arabic/news/376578
The High Exchange Rates Of The Dollar In The Local Markets
Market Economy News _ Baghdad The exchange rate of the dollar rose in the main stock markets, while it stabilized in local markets today, Tuesday (September 15, 2020).
The Kifah Stock Exchange recorded 123,350 dinars compared to 100 dollars, while the stock exchange yesterday recorded 123,200 dinars per 100 dollars.
Selling prices in the exchange shops in the local markets in Baghdad:
The selling price: 123,750 dinars per 100 dollars. Purchase price: 122.750 dinars per 100 dollars.
Number of observations 150 Date added 09/15/2020 https://economy-news.net/content.php?id=21857
Moody's: Iraq Will Witness A Significant Decline In Financial Revenues
Money and business Economy News _ Baghdad A report issued by the credit rating agency Moody's stated that a number of countries in emerging markets and below, such as Iraq, Kuwait, Ecuador and Cambodia, which depend to varying degrees on goods or tourism, are likely to witness large annual decreases in financial revenues.
In its report, the agency stated that the sharp recovery in global financial markets, following a period of unprecedented turmoil, preceded the stability of production or low rates of infection with the Coronavirus in many emerging and frontier market economies.
He indicated that while a set of political responses supported the return of risk appetite, and what appears to have been successful in avoiding a complete global financial crisis, many economies will start their recovery with greater financial and external weaknesses.
According to the report, the unprecedented economic shock hit the low-rated governments more strongly, which led to widening financial and external imbalances, at a time when emerging and sub-emerging markets witnessed an economic shock through multiple channels that included lower export values, as a result of lower commodity prices, Weak tourism and reduced global demand, in addition to fluctuations in non-resident capital flows, indicating that the macroeconomic pressures added to other tensions at the financial and external levels.
In severe cases, liquidity pressures increased towards serious stress or a deficit, at a time when the agency clarified that some governments in emerging and sub-emerging markets have benefited from emergency financing, as the large financial support by international financial institutions and the formal sector has enabled financing of financial and external gaps. partially.
The agency indicated that governments with a low sovereign rating, which overcome the crisis without defaulting in payment, will continue to face major challenges during the recovery phase, with global capital flows remaining volatile, likely to impede investment, thereby limiting job creation and consumption. .
The agency stated that the unequal economic recovery and weak financial and external conditions will create permanent credit challenges for many countries, even after the return of global economic conditions to normal.
Number of observations 97 Date added: 09/15/2020 https://economy-news.net/content.php?id=21854
Capital Bank Intends To Acquire Branches Of Bank Audi In Iraq And Jordan
Monday 14, September 2020 21:52 | EconomicalViews: 172
Amman / NINA / Capital Bank operating in the Jordanian and Iraqi markets has signed a non-binding and exclusive agreement / letter of intent to acquire the banking business of the branches of the Lebanese Bank Audi in Iraq and Jordan and purchase its assets and liabilities.
Capital Bank stated in a statement sent to the Jordan Securities Commission today that it obtained the initial approval for the acquisition from the Central Bank of Jordan and the Central Bank of Iraq.
According to the disclosure, Capital Bank will prepare a "negligent" study of all aspects related to the deal, and following the results of that study, the Securities Commission will be informed of the developments and developments.
The CEO of Capital Bank, Dawood Al Ghoul, confirmed that the bank seeks to search for the best opportunities to enhance its position in the Jordanian and Iraqi markets, and to enhance the balance of its shareholders, explaining that the intention to acquire the banking business of Bank Audi in Jordan and Iraq will reflect positively on the shareholders.
Capital Bank provides its services in the Iraqi market through its ownership of about 72% of the capital of the National Bank of Iraq, which amounts to $ 210 million, in addition to contributing to its administrative control rights, to be the only Jordanian bank that serves in the markets of Jordan and Iraq together. / End
https://ninanews.com/Website/News/Details?key=856541
Baghdad: Big Corrupt Heads Will Soon Be Overthrown
September 14, 2020418 Baghdad - Sulaymaniyah - Abdul Hussain Ghazal - time
Mustafa Al-Kazemi, Prime Minister, decided to terminate the mandate of the administrative and financial agent of the Ministry of Interior, and to assign Hussein Hassab Abd Al-Hussein assumed the duties of the position and also made changes to high-ranking positions in the state, as Mustafa Ghaleb appointed a terrifying writers governor.
Of the Central Bank, and Soha Dawood Elias Al-Najjar as Chairman of the National Investment Authority, and Salem Jawad Abdel-Hadi Al-Chalabi as Bank Director Al-Iraqi Government Trade ( TBI ), and Faisal Al-Humais as Chairman of the Securities Commission.
The changes also included the appointment of Engineer Manhal Aziz Raouf Al Haboubi as Secretary of Baghdad, and Sheikh Sami Al Masoudi as Chairman of the Hajj and Umrah, and Alaa Jawad Hamid as Chairman of the Integrity Commission, which is concerned with prosecuting corruption.
Since the formation of the Al-Kazemi government last May, it has made sweeping changes at the level of state officials Especially security leaders and administrative officials.
On Monday, Ahmed Mulla Talal, a spokesman for Iraqi Prime Minister Mustafa Al-Kazemi, revealed that the government Important names will soon be removed and referred to the judiciary for corruption.
"The statement of the religious authority is supportive of the government, and the government is going ahead," Malal Talal said in a press conference To fight corruption ».
And the Supreme Shiite cleric, Ali al-Sistani, declared during his meeting with the Special Representative of the Secretary-General of the United Nations in Iraq Jenin Hennes Blasshardt yesterday, Sunday, supports holding early elections as scheduled (June 2021) and completing the program The government in implementing social justice, prosecuting criminals, including the protesters 'killers, combating corruption, and enhancing the forces' performance Security, imposing state prestige and confining weapons in its hand.
These directives were welcomed by the Presidents of the Republic, Barham Salih, Ministers, Mustafa Al-Kazemi, Parliament, Muhammad Al-Halbousi, and a number of The political blocs, who affirmed their support for holding free and fair early elections.
The government spokesman added, "Soon, you may hear about the removal of important names and their referral to the judiciary as a result of corruption files." .
Since its formation last May, the Al-Kazemi government has undergone wide-ranging changes in high-ranking positions in the country It affected security leaders and high-ranking officials in administration and financial institutions.
These changes come within the framework of reforms in state institutions and the fight against corruption.
Mulla Talal indicated that "the fact-finding committee will soon be formed to find out the killers of the demonstrators," stressing that "The current government will not give up any of the citizens' rights."
As the Vice President of the Kurdistan Regional Government of Iraq, Qubad Talabani, during his meeting with the US ambassador to Iraq, Matthew Toller, Monday, said that the region is keen to return Peshmerga forces to Kirkuk in order to cooperate in Extend security and stability in the region, indicating that there are efforts to find a suitable ground for agreement in this regard. The relationship between Baghdad and the Kurdish region is witnessing a great positive convergence.
A statement by the Presidency of the Kurdistan Regional Government said that the Deputy Prime Minister, Qubad Talabani, is the head of the regional delegation Kurdistan to negotiate with Baghdad, discuss the latest developments in the dialogues between the region and the federal government and the conditions of the Kurdish regions Outside the administration of the region with the US ambassador to Iraq, Matthew Tueller, and the US Consul General in Erbil.
The statement indicated that in another part of the meeting, US aid to Iraq and the Kurdistan Region was discussed. As well as discussing the situation of the Corona epidemic. Talabani stressed the region’s position regarding the return of the Peshmerga forces to Kirkuk, and in particular to the Kiwan military base , Announcing in this regard that during the talks with Baghdad, this issue was raised with government officials Federalism with the aim of cooperation and participation of the Peshmerga in establishing calm and stability in these areas.
Talabani added, according to the statement, that the two sides (Baghdad and Erbil) are currently working on finding the ground, the mechanism and the appropriate procedures How to return the Peshmerga to Kirkuk. LINK
Barzani: The United Nations Can Help Iraq Overcome The Challenges It Faces
Political Tuesday 15 September 2020 | 12:59 pm| Views: 120 Baghdad / .. The President of the Kurdistan region, Nechirvan Barzani, confirmed, on Tuesday, that the United Nations can help Iraq solve its problems and overcome the situation and challenges it faces.
The regional presidency stated in a statement, "Barzani discussed with the representative of the Secretary-General of the United Nations in Iraq, Jeanine Blashart, the political process and the Iraqi situation, and the developments of the dialogue between the Kurdistan Regional Government and the Iraqi federal government in order to solve their problems."
Barzani referred to the positive role of the United Nations in Iraq, stressing that "the United Nations can help Iraq solve problems and overcome the situation and the challenges it faces." https://aynaliraqnews.com/index.php?aa=news&id22=138652
Representative Economic: The Process Of Automating The Ports Will Increase The Revenues Of The Ports By 10 Times
14:27 - 15/09/2020 The information / Baghdad ..Member of the Parliamentary Economic Committee, MP Ali Al-Lami, confirmed, Tuesday, that completing the Iraqi border crossings will double its revenues to ten times.
Al-Lami said in a statement to "the information", that "the improvement in the revenues of the Iraqi border crossings comes primarily from a real implementation of the automation file that has been stalled for 4 consecutive years because it will create a correct course of action and address many negatives, especially in light of the presence of corruption in the existing administrations, parties and influential personalities in Ports ”.
Al-Lami added, "Automating the outlets will increase the revenues of exile 10 times what we see now, and this is very important, especially in light of the stifling financial crisis experienced by Iraq."
Al-Lami added, "Automation is a fundamental and important solution that all countries of the world have adopted in order to control their revenues and keep the hands of the corrupt from them." End
https://www.almaalomah.com/2020/09/15/495231/
To read more current and reliable Iraqi news please visit Bond Lady's Corner:
https://www.bondladyscorner.com/
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