Al-Kazemi’s government creates a “miniature model” of the budget, and its advisor acknowledges the “failure” of the white paper

Baghdad / The economic advisor to the Prime Minister, Mazhar Muhammad Salih, acknowledged, on Monday, that the reform white paper approved by Mustafa Al-Kazemi’s government had not achieved the required achievements, indicating that the food security law is a “model” of the budget and needs urgent scrutiny by the Financial Control.

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In a televised interview, Saleh said, “The White Paper achieved very simple things.”
He added, “There is no accurate statistic that counts agricultural crops and national products, and that tax evasion (there is neither a head god nor a sassy god) is due to chaos and tax evasion.”

He explained, “The ability that brought the emergency support law to Parliament can deliver the budget, but the emergency support will be an alternative to the budget in the event that the political blockage remains, and he is a legislator who wants to show a miniature “model” of the budget.

Regarding the number of employees and the possibility of their demobilization, Saleh said that “the number of employees has greatly inflated in Iraq, while the number of retirees has doubled recently, and it is difficult to lay off employees, and this will not happen in the worst circumstances.”

Saleh pointed out that “4 million retirees receive salaries from the budget and from the retirement fund, and that the retirement fund needs a very urgent review.”

Almaalomah.me

THE CENTRAL BANK RESUMES ITS FINANCIAL DEALINGS IN KIRKUK AFTER AN 8-YEAR HIATUS

National News Center / The Central Bank of Iraq has agreed to resume its dealings with exchange companies and money transfers operating in Kirkuk, after eight years of suspension due to the repercussions of the ISIS war.

On April 13, the Central Bank sent a letter to the financial companies in Kirkuk to submit their requests to resume their dealings with the bank, stressing the need for companies to confirm their desire as soon as possible with regard to trading in US dollars.

For his part, the owner of an exchange company in Kirkuk, Nariman Nasr al-Din, said, “Since 2015, we have been asking the Central Bank for this constantly, but the bank expressed its approval after eight years due to the repercussions of the ISIS war and the Central Bank’s fear of targeting the money that the bank deals with companies operating in Kirkuk. “.

Nariman added, “From now on, things will return to what they were before the emergence of ISIS. We will be able to deal with the Central Bank, and the dollar will reach Kirkuk at the rate set by the Central Bank.”

Regarding the importance of this step and its impact on the living situation of citizens, Neriman said, “Compared to the previous one, the currency exchange rate will decrease by one thousand dinars for each banknote of 100 dollars, and this will be in the interest of the citizens and all parties, because they will be able to obtain the dollar at a lower price.”

He continued, “We will also benefit from the Central Bank, like the rest of the provinces. We will not have to resort to other provinces in order to buy dollars, which was increasing costs for us and the citizens.”

The Central Bank of Iraq sells US dollars to exchange companies at 146 thousand dinars for every 100 dollars.

Nnciraq.com

Is It Possible To Pass The Budget Of The Caretaker Government Without Final Accounts?

Baghdad… The legal expert, Ali Al-Tamimi, explained the possibility of passing the 2022 budget without final accounts for what preceded it, as well as clarifying the constitutionality of passing the budget by Parliament despite the fact that the government is a daily business.

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. Al-Tamimi told Al-Maalouma, “The House of Representatives has the possibility to ask the caretaker government to send the budget law to Parliament, because this is related to food security, which is one of the government’s first priorities. managing everyday affairs.”

He added that “authorizing the government to send the budget requires a vote of the absolute majority of the number of parliament members, that is, the total number plus one, and that this right is limited only to the budget law only.”

Al-Tamimi explained, “Sending the budget after authorizing the government to do so must be preceded by the approval of the final accounts of the previous year’s budget in accordance with the Financial Management and Public Debt Law No. 6 of 2019, as this is implemented in accordance with Articles 62, 5 and 61 of the constitution and 12 and 13 of the Financial Management and Public Debt Law. No. 6 of 2019 and Articles 128 to 138 of Parliament’s bylaws.

Almaalomah.me

Economist: Achieving Self-Sufficiency In Fuel Will Bring Additional Revenues To The State Treasury

Baghdad… The economist, Wissam Al-Tamimi, said that the trend towards relying on the local product of fuel and not importing it will introduce new returns to the state treasury, pointing out that Iraq is one of the first oil exporters in the world and can be in the same rank in terms of fuel.

Al-Tamimi told “Al-Maalouma”, that “talking about achieving self-sufficiency in fuel in the next two years will increase the state’s revenues by stopping subsidies for imported fuel, in addition to the possibility of exporting this fuel abroad.”

He added that “Iraq can contract with other countries by providing them with oil in exchange for fuel without giving them any amounts, until the completion of the construction of refineries for oil derivatives.”

And he indicated that “the establishment of oil refineries will also have a positive impact, as it will accommodate thousands of graduates, as well as supplying the governorates within which it is located with oil derivatives without the need for transportation costs between one governorate and another or importing derivatives, in addition to it may provide power stations with the necessary fuel.”

Almaalomah.me

Al-Kazemi talks about his goals if he wins a new mandate as Prime Minister of Iraq

Baghdad today – Iraqi Prime Minister Mustafa Al-Kadhimi revealed, during his interview with the American newspaper “Washington Post”, that he wants a diversified and democratic Iraq, and the newspaper described this as a “noble vision”, but it is “fraught with dangers”, as Iraq now and always stands on the fault line between Iran and the world. Arabi.

Al-Kazemi said during an interview that took place in his office in Baghdad with the American newspaper: “Our region cannot fight more wars.”

Al-Kadhimi hopes that the United States and Iran can agree on a new nuclear deal as a first step toward easing tensions. “We need an agreement that brings some calm to the region,” he added.

Al-Kadhimi made it clear that he wanted continued US support, including a small non-combat military presence, to help stabilize the country. He continued, “We really believe in our relationship with the United States, as a country that helped us get rid of dictatorship and also develop our democratic system.”

The report noted that “Iraq, which lies at the focal point between Iran and the Arabs, remains the most impressive but also the most frustrating challenge in the region.” She reinforced the reason for this “being a large and fertile land, blessed with energy and other resources, with a dynamic but fluctuating population mix of Shiites, Sunnis and Kurds. For the country, there is Al-Kazemi, the leader strongly supported by moderate Arab states such as Egypt, Jordan and the United Arab Emirates, but he also speaks with Iran “

She pointed out that “the problem of Al-Kazemi and his American friends is that Iraq, for the time being, remains weak due to corruption, political fighting and Iranian interference. The Iraqis want a strong, well-managed country. On paper, there is now a parliamentary majority for a coalition of Shiites, Sunnis and Kurds to form a new government, Perhaps with Al-Kazemi remaining as prime minister. But forming a government has been impossible so far with all the difficulties faced by the political process in Iraq since the October elections until now.

The report stated that “Iraqi corruption and Iranian manipulation reinforce each other.” He recalled that “when he became prime minister in 2020, Al-Kazemi tried to clean up corruption by appointing the most powerful Iraqi policeman, Lieutenant-General Ahmed Abu Ragheef, to run a crime commission to follow up on murder and corruption. But under Iranian pressure, an Iraqi court last month ordered the arrest of Abu Ragheef. Al-Kazemi refused. Execution of the order, but the scene was depressing”

And the Washington Post continued, “The situation could get worse if the nuclear talks between the United States and Iran collapse, leaving Al-Kazemi in an uneasy position in the middle,” and a US official warned that if the talks collapse, “Iraq is likely to be a victim.”

When I asked the American sage, Al-Kadhimi, what his agenda would be if he were to get a new mandate as prime minister, he immediately answered, “Strengthening Iraq’s sovereignty.” So that he can resist external attempts to manipulate the country.

His second goal is to “impose the state’s monopoly on arms.” He continued to discuss economic reform and privatization.

The newspaper concluded, “Al-Kadhimi’s goals are the right ones. But he will need help. This brings us back to the United States, which was at once Iraq’s best and worst friend in recent decades.”

Baghdadtoday.news

Finance responds to news of its discussion to reduce the dollar exchange rate

{Economic: Al Furat News} The Ministry of Finance responded to news that it discussed re-reducing the dollar exchange rate against the dinar.

The Undersecretary of the Ministry of Finance, Taif Sami, said in a press statement: “There are no discussions to reduce the price of the dollar to 120,000 dinars within the 2022 budget.”

She denied owning “any page on social media.”

On April 4, the Federal Supreme Court rejected the case for re-exchange of the US dollar in relation to the Iraqi dinar to its predecessor, at the amount of (120,000) Iraqi dinars for every 100 US dollars.

Alforatnews.iq

An Expert Clarifies The Legal Frameworks For Authorizing The Caretaker Government To Send The Budget

Legal expert Abbas Al-Jubouri revealed the legal and constitutional frameworks for authorizing the caretaker government to send the financial budget law by the Presidency of the House of Representatives, while stressing that the Presidency of Parliament is trying to pass new laws outside the constitutional instructions.

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Al-Jubouri told “Information”, “The talk of the First Deputy Speaker of Parliament, Hakim Al-Zamili, about the possibility of authorizing the caretaker government to send the budget law and vote on it by members of the House of Representatives is a decision outside the constitutional and legal covenants.”

He added that “the term caretaker government does not exist in any article, whether it is in the constitution or the law,” noting that “the constitutional period in which the caretaker government continues does not exceed one month, when the elections are held, after which the speaker and his two deputies are chosen, and then the president of the republic is chosen. and government formation.

The legal expert explained that “the current government does not have the right to make strategic decisions, approve budgets, sign treaties, and proceed with any external project and international agreements,” stressing that “whoever breached the constitution for nearly six months in forming a government, he can do whatever he wants in the constitution and laws.”

Al-Jubouri indicated that “the Presidency of the House of Representatives is trying to pass new laws and articles that are far from the constitution and Iraqi law.”

The First Deputy Speaker of the House of Representatives, Hakim al-Zamili, had confirmed, earlier, that we would vote to authorize the caretaker government to send the budget law to the Council.

Almaalomah.me

Clarification From The Central Bank Regarding The Exchange Of The Dollar And Money Laundering

Earth News / The Central Bank of Iraq issued a clarification on the dollar exchange rate and money laundering.

And the bank confirmed, in response to a previous parliamentary question, seen by “Earth News”, that “the Iraqi judiciary has taken the necessary measures regarding some forged invoices, which date back to previous dates.”

He added, “The exchange rate change came to remedy the gap between the real value of the national currency and its nominal value.”

Earthiq.news

Al-Kazemi’s advisor decides the fate of “Iraqi politicians’ money” deposited in Lebanese banks

Baghdad – Iraq today: Mazhar Muhammad Salih, the financial advisor to the Prime Minister, said that politicians who have deposits in Lebanese banks should “wipe their hands against the wall,” as he put it.

In response to “the fate of the Iraqi politicians’ money deposited in Lebanese banks after the latter declared the state’s bankruptcy,” Saleh said: “The money deposited by some politicians in Lebanese banks will not return to their depositors (let them wipe their hands against the wall),” adding that “the money is in Lebanese banks.” She is gone and there is no hope of her coming back.”

He continued, “They will not receive 10 fils from the Lebanese.”

Iraqtoday.com