New details regarding the oil and gas law

New details regarding the oil and gas law.. What is the position of Barzani’s party?

Information /exclusive… Today the Kurdistan Democratic Party (KDP) revealed new details related to the oil and gas law, and while confirming the existence of a new draft legislation under the dome of parliament, it considered it a “final solution” to the disputes between Baghdad and Erbil.

The leader of the party, Wafaa Muhammad, said in an interview with Al-Maalouma agency, “The agreement concluded politically and governmentally between the Kurdistan region and the federal government stipulates the existence of a new draft with the old draft of the oil and gas law.”

He added, “The legislation of the law in accordance with this draft will ensure the end of disputes and finding a final solution to the oil and gas file,” noting that “the new draft allows and gives authority to the region to participate in the export of oil with SOMO, according to what was stated in the Iraqi constitution.”

The leader of Barzani’s party explained: “If changes and amendments are made to the government law, as was done in the budget, it will be difficult for the Erbil government to abide by it.”

Muhammad hoped: “Passing the oil and gas law in accordance with the agreement concluded on 4/4/2023, between Al-Sudani and Masrour Barzani.”

A member of the Oil and Gas Committee, Sabah Sobhi, had confirmed, earlier, that the draft oil and gas law is still with the government due to the outstanding political differences regarding the law, pointing to “the continuation of work to solve problems on the law and put it on the parliament table for the purpose of discussion.”

It is noteworthy that one of the issues that raised controversy between Erbil and Baghdad for many years is the ratification of the oil and gas law, but it was agreed to approve the draft law between the two parties within the framework of a political agreement that led to the formation of the current government.

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The President of the Republic directs the need to work hard to implement Article 140 of the Constitution

The President of the Republic directs the need to work hard to implement Article 140 of the Constitution

The President of the Republic directs the need to work hard to implement Article 140 of the ConstitutionThe President of the Republic, Dr. Abd al-Latif Jamal Rashid, instructed the necessity of serious work to implement Article (140) of the Constitution and to end outstanding issues regarding it in a manner that preserves the rights of all.

The President of the Republic stressed the importance of following up the implementation of the decisions of the Supreme Committee for the implementation of Constitutional Article (140) by holding meetings and gatherings with the relevant authorities and giving priority to this file, which affects the lives of a wide segment of the components of Iraqi society.

The President of the Republic had met separately with a delegation that included a number of farmers and farmers from Kirkuk Governorate, and a member of the Supreme Committee for the Implementation of Article (140) of the Constitution, Mr. Activation of Article (140), where the delegation, after meeting the President of the Republic, held a number of meetings with officials and relevant authorities, which resulted in taking actual steps to implement Cabinet Resolution No. (29) of 2012 with the aim of finding appropriate solutions for the suffering of the farmers and farmers of Kirkuk.

The President of the Republic directed the formation of a committee in the Presidency of the Republic to follow up the implementation of the decisions of the Supreme Committee of Constitutional Article (140) by the relevant ministries and institutions, and to submit a report to the President of the Republic in this regard periodically.

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The Finance Committee is likely to launch the implementation of the budget law tomorrow

The Finance Committee is likely to launch the implementation of the budget law tomorrow

The Finance Committee is likely to launch the implementation of the budget law tomorrowShafaq News / The Parliamentary Finance Committee ruled out, on Monday, the impact of the Iraqi government’s appeals on articles of the general budget law in the continuation of the law, suggesting that the implementation of its articles will start from tomorrow.

Committee member, Representative Jamal Koujar told Shafaq News agency, “The appeals submitted by the government against articles and paragraphs of the budget law are the ones that stop, not the budget law.”

Cougar suggested that the cabinet session tomorrow, Tuesday, would be the beginning of the launch, and the implementation of the budget law in ministries and state institutions.

Cougar stressed that the Ministry of Finance should be ready to implement the budget law, and we do not know the reasons for the delay in implementing the law.

On the third of July, the head of the federal government, Muhammad al-Sudani, submitted an appeal to the Federal Supreme Court against a number of paragraphs of the budget law, with a request to the court to issue a (state order) to stop the implementation of these articles after the law entered into force until the court decided to challenge the constitutionality of these articles.

On June 12, the Iraqi parliament voted on the financial budget for the three years (2023-2024-2025), with a value of 198.9 trillion Iraqi dinars ($153 billion) for each year.

Shafaq.com

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“Wholesale corruption” in the Rafidain Bank

“Wholesale corruption” in the Rafidain Bank

Wholesale corruption in the Rafidain Bank... the most prominent reasons for overthrowing its administrationShafaq News / An informed source revealed the reasons for withdrawing the hand of the Director General of the Governmental Rafidain Bank and a number of department managers and bank employees by the Ministry of Finance.

The source told Shafaq News agency, “The current management of Al-Rafidain Bank, which has been withdrawn, is accused of several cases, including causing waste of public money and mismanagement, and making administrative transfers on the basis of nepotism and nepotism away from the standard of competence and integrity, and the rise of unqualified people to assume administrative positions.”

The source also attributed the reasons for withdrawing the hand to “the delay in completing customer transactions and using the position to achieve partisan and personal goals and objectives in order to stay in the position for a longer period and challenge the ministry’s decisions.”

The source pointed out that “the dollar case is the most prominent file in financial corruption cases, as preliminary investigations revealed that the current administration, along with some department managers and employees of the bank, embezzled large sums of dollars during the process of selling the currency.”

The source pointed out that “there is an important issue, which is the sale of gold bullion, which is no different from its predecessors in terms of corruption in the dollar file,” explaining that “new names of defendants will be issued in several cases soon.”

The source explained that “the recommendations of the investigation committee, which will be announced soon, will include directing penalties to all the accused, transferring them outside the bank, and appointing a new general manager who is characterized by professionalism, integrity and efficiency.”

And yesterday, Sunday, the Minister of Finance, Taif Sami, decided to withdraw the hand of the director of the Rafidain Bank and more than 20 officials, male and female, and employees. According to a document signed by the minister, seen by Shafak News Agency, “Based on the provisions of Article 17 of the Law on Disciplining State and Public Sector Employees No. 14 of 1991 as amended, and based on what came in the initial report of the subcommittee No. 1927, which was duly approved and the powers vested in us, it was decided to withdraw the hand of Those whose names are listed below are employees of Al-Rafidain Bank from the job for a period of 60 days, starting from the above date.

The names included the general manager of the bank, Ali Karim Hussein, the former director of the risk management department, Anmar Abdel-Razzaq, the former director of the human resources department, Sana Mazyad Nasser, the former director of the information technology department, Ahmed Falah Rashid, the assistant chief craftsman Habib Ahmed Habib, and the treasurer Azhar Akram Ahmed.

As well as employees Mortada Hashem Falhi, Ban Abdul Ali Ibrahim, Zulfiqar Jabbar Faisal, Ali Abbas Nuri, Youssef Aidan Balm, Haider Abdul Hussein, Mustafa Ali Mahmoud, Issam Hassan Ali, Osama Hammad Abdul, Ahmed Sabah Abdul Wahhab, Mustafa Haider Sahib, and Salman Basil Salman, Mustafa Jamal Sadiq, Karim Adel Karim, and Janan Zamil Zboun. The order also included “the payment of half their salaries to them throughout the withdrawal period.”

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America it is trying to thwart the government through the electricity and dollar files

Parliamentary accusations are chasing America: it is trying to thwart the government through the electricity and dollar files

Information / special… Today, a member of the House of Representatives, Muhammad Karim, accused the United States of America of the electricity crisis, while stressing that Washington is trying to thwart the government through behind the crises.

In an interview with Al-Maalouma agency, Karim said, “America is trying to blackmail the Iraqi government with many files, most notably the dollar, Iranian gas, and the interventions of its ambassador in Baghdad,” noting that “Washington has different crises in Iraq, to ​​try to thwart the government.”

He added, “The United States is the one who imposed gas electric stations on Iraq, in order to try to keep the country in constant need of them,” pointing out that the latter “failed in the agreement to exclude Iraq from importing Iranian gas.”

The member of the House of Representatives explained, “The Iraqi government has taken actual steps to invest in associated gas to reduce the import and achieve self-sufficiency,” accusing the Washington administration of “disavowing all the solutions provided by Iraq to pay dues for Iranian gas.”

And Karim said, “America thwarted Iraq’s contracts with international companies to invest in associated gas.”

Earlier, a member of the House of Representatives, Hussein Al-Sabri, pointed out to America the exacerbation of the electricity crisis in Iraq, and regarding the current crisis as a “great disappointment” for the Iraqi people.

With Iraq entering the height of the summer season in the current month of July, and the rise in temperatures exceeding half the boiling point, the electricity crisis was renewed due to the continuous outages and the failure to supply the regions of the country with energy.

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Al-Sudani rejected Al-Halbousi’s request to stop pursuing his corrupt followers

Anbar Alliance: Al-Sudani rejected Al-Halbousi’s request to stop pursuing his corrupt followers

Information / Baghdad… The leader of the Unified Anbar Alliance, Muhammad Al-Fahdawi, confirmed, on Monday, that the goal of Parliament Speaker Muhammad Al-Halbousi’s visit to the Sudanese Prime Minister is related to mediating to stop the integrity measures that affected the corrupt in Anbar Governorate.

Al-Fahdawi said in a statement to Al-Maalouma, “Prime Minister Muhammad Shia’a Al-Sudani will not submit to or be affected by the demands of Parliament Speaker Muhammad Al-Halbousi regarding stopping procedures against corrupt followers in Anbar Governorate.”

He added, “The goal of Parliament Speaker Muhammad al-Halbousi’s visit to Prime Minister Muhammad Shia’ al-Sudani is related to mediation to stop the integrity measures against his corrupt followers in the Taqaddam Party.”

He pointed out that “the Anbaris have full confidence in the procedures of the Prime Minister, Muhammad Shia’a al-Sudani, after including other people in the investigation of cases of corruption and waste of money.”

The Speaker of the House of Representatives, Muhammad al-Halbousi, had paid a visit the day before yesterday, Saturday, to the Prime Minister, Muhammad Shia’ al-Sudani, after the measures taken by the Integrity Commission to arrest personalities affiliated with a party that came forward for their involvement in corruption files, as well as coincided with the security and administrative changes in Anbar Governorate.

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Iraq proposes to Iran to deal in dinars instead of dollars

Iraq proposes to Iran to deal in dinars instead of dollars

Iraq proposes to Iran to deal in dinars instead of dollarsThe commercial adviser to the Iranian embassy in Iraq said that Baghdad had proposed to Tehran to deal in dinars instead of dollars, in order to relieve pressure from the US treasury on the Iraqi side.

Abdul Amir Rabihawi explained, on Tuesday, at the meeting of the Iranian-Iraqi Joint Chamber, that pressure from the US Treasury prevents Iraq from using its official currency to transfer money to Iran, which forces it to use the free market currency, which differs by 10% from the official currency and harms Iranian merchants, according to the website. Jahan Sanat News .

He added, “Iraq suggested that all our financial dealings in Iraq be in dinars. Even Turkish shops buy and sell in dinars in this country. Given the sanctions, this issue is in Iran’s favor. Accordingly, we offered the Central Bank of Iran that Iranian businessmen and merchants trade in dinars instead of dollar.”
He added that it was decided to establish 5 industrial cities on the Iranian-Iraqi border.

Iranian Deputy Oil Minister Majid Chakni confirmed a few days ago that Iraq had paid all dues for Iranian gas despite difficulties in transferring money to Iran.

“The Iraqi Ministry of Electricity has paid all its debts incurred by the export of Iranian gas,” said Chakni, according to what was quoted by the Shana news agency affiliated with the Iranian Oil Ministry.

“The Iraqi Ministry of Electricity has paid all our claims related to gas and these debts are now zero, but sometimes there are problems transferring money from Iraq to Iran,” he added.

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An economist explains the mechanisms of reducing the gap between the official and commercial dollar price

An economist explains the mechanisms of reducing the gap between the official and commercial dollar price

Information / Baghdad… The economist, Safwan Qusai, explained, on Wednesday, the mechanisms for reducing the gap between the official dollar exchange rate and the one sold in the parallel market, pointing out the possibility of taking many measures and decisions by the government to ensure control over the exchange rate.

Qusai told Al-Maalouma, “The banking companies have an appropriate commission for the purchase and resale process, and they are supposed to adhere to such a commission, as the process of having a financial policy complementary to the policy of the Central Bank in order to control the price of the dollar in the parallel market requires a set of steps.” .

He added, “The steps would control the border crossings to reduce the volume of imports without external remittances, and urge Iraqi banks to shift towards documentary credits in a flexible manner that allows merchants to deal with suppliers from the white list.”

Safwan pointed out that “there are long-term contracts with them to allow import operations at times commensurate with the volume of local consumption.”

And that “the government can take more measures and decisions, in order to put pressure on the dollar in the parallel market, not only through censorship, but also by supporting the Iraqi dinar.”

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Parliamentary efforts to legislate a law that will soon end the disputes between Baghdad and Erbil

Parliamentary efforts to legislate a law that will soon end the disputes between Baghdad and Erbil

Information / Baghdad… The Parliamentary Oil, Gas and Natural Resources Committee revealed, on Wednesday, that the oil and gas law will be put forward during the next legislative term, considering its passage as a solution to all disputes between Baghdad and Erbil.

“The oil and gas law is one of the important laws that falls within the government’s priorities,” said committee member Bassem Al-Gharibawi, in an interview with Al-Maalouma agency. He suggested that “the law will be presented during the new legislative term.”

Al-Gharibawi added, “There is an intention among all political parties to proceed with enacting the law to regulate the process of oil, gas and natural resources and share their revenues.”

He pointed out that “the legislation of the law will end the differences between the federal government of Baghdad and the regional government and will regulate the oil and financial relationship between the provinces and districts and between the Kurdistan Regional Government and the federal government.”

The representative of the Patriotic Union of Kurdistan, Nermin Maarouf, had revealed the formation of a joint committee between the Baghdad and Erbil governments to prepare a draft oil and gas law.

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The Iraqi parliament will resume its sessions next week

The Iraqi parliament will resume its sessions next week

The Iraqi parliament will resume its sessions next weekShafaq News / On the thirteenth of July, the Iraqi Parliament will resume its regular sessions, after the end of its legislative recess.

The representative of the State of Law, Firas Al-Maslamawi, told Shafaq News agency, that the legislative recess for the parliament began after the approval of the general budget law for the Iraqi state, and ends on the 13th of this month.

He added: It is expected that the House of Representatives will resume its sessions at the end of next week, and there is no legal problem or violation of the rules of procedure regarding the convening of the new legislative term days after the end of the legislative recess.

And the House of Representatives voted at dawn on Monday, the twelfth of this June, on the general federal budget law, “with three years 2023, 2024, 2025″ for the Iraqi state, after discussions inside the dome of Parliament that lasted for five days.

The value of the current year budget is 197 trillion and 828 billion Iraqi dinars (about 152.2 billion dollars), with a total deficit of 63 trillion dinars (48.3 billion dollars).

Shafaq.com

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