The Minister of Finance confirms from Doha the importance of the white paper to restore balance to the Iraqi economy

Baghdad / NINA / – Minister of Finance Ali Abdul-Amir Allawi participated in the activities of the Doha Forum for International Dialogue held in the sisterly State of Qatar in its 20th session, which will continue for the period from 26 to 27 March 2022.

Allawi said, according to a statement by the ministry: The goal of reaching a world free of crises, violations and wars is not easy to achieve, unless there are good intentions, international will and equal dialogue to resolve differences and reduce conflicts to silence the sound of war and the omens of destruction, so health recovery is no longer worrisome after suffering severely from the effects of the Corona pandemic. It is the multiplicity of foci of armed conflict and the expansion of its scope that troubles the world.

He added: The Iraqi society suffers from chronic and costly crises deepened by fluctuations in oil prices in the global market, due to the impact of the Corona pandemic and terrorism, and that the decline in Iraqi oil revenues and terrorism were sources of concern at all governmental, political and popular levels, and it is a legitimate concern in the context of the historical deterioration of the global economy, so it was The national need for a financial strategy for two things, the first is short related to borrowing for the purposes of meeting urgent needs, and the second is long-term, represented by the white paper for economic and financial reform to avoid expected fluctuations and achieve reassurance of a decent life, and create new economic partnerships at all levels.

Allawi explained the importance of the white paper embodying the re-balancing of the Iraqi economy and putting it on a path that allows the state to take appropriate steps in the future to develop it into a dynamic diversified economy that creates opportunities for Iraqis to live a decent life by proposing a set of comprehensive reforms and policies, and the protection of weak and fragile groups in society.

The forum, which carried the slogan “Transformation into a New Era”, aims to launch a dialogue on the critical challenges facing the world, promote the exchange of ideas and policy-making and provide viable recommendations.

Ninanews.com

Financial Control reveals important information regarding exchange rates

Mawazine News – The former Director of the Office of Financial Supervision, Salah Nouri, today, Monday, the truth of the news that talks about the bankruptcy of the Central Bank if the exchange rates of the dollar change.

Nuri said, in a statement to / Mawazine News /, that “the bankruptcy of the Iraqi Central Bank is incorrect, due to the presence of 3 international economic reserves for it,” noting that “the hard currency of the dollar, and the gold reserves whose global prices are good, and the purchase of US treasury bonds, which are of great value.” High value and interest, and therefore bankruptcy is highly unlikely.”

He added, “Manipulating the exchange rates of the dollar leads to an increase in imports and the exit of the currency outside the country, knowing that the dollar reserves of the Central Bank rose after changing the exchange rate of the dollar.”

Mawazin.net

AL-SADR: THE POSITION OF THE DESIGN ALLIANCE REPRESENTS THE BEGINNING OF THE BEGINNING TO END CORRUPTION AND DEPENDENCY

Baghdad – Mawazine News, the leader of the Sadrist movement, Muqtada al-Sadr, valued the position of some members of the Tasmeem Alliance for attending the parliament session, stressing that this represents the beginning of the beginning of an end to corruption and dependency.

In a statement received by Mawazine News, the private office of Mr. Al-Sadr stated that “Mr. Muqtada Al-Sadr made a phone call with Asaad Al-Eidani, appreciating his honorable position with some of the brothers from the design alliance to attend the parliament session that took place today, stressing that their position represents this The beginning of the initiation to end corruption, dependency, and consociationalism to complete the formation of a national majority government.”

Mawazin.net

Al-Halbousi: The presidential election session will be held next Wednesday

Al-Kazemi: The political forces are required to recalculate in order to cross this dangerous stage

Shafaq News / On Sunday, Iraqi Prime Minister Mustafa Al-Kazemi described the current stage as “dangerous”, calling on political forces to re-calculate in order to cross this crisis.

This came in a speech during the conference held on the occasion of the one-year anniversary of the legislation of the Survivors Law, according to a statement by Al-Kazemi’s office received by Shafaq News Agency.

Al-Kazemi said, “I call on all political forces to work and form a government that works as quickly as possible to serve its people, including the Yazidi survivors… Respecting constitutional timing is respect for the constitution, respect for the logic of the state, and respect for people’s needs.”

He added, “We have to look for logical solutions that reflect the political maturity of everyone, and reflect a high degree of responsibility of the political forces regarding their duties in parliament or outside parliament. We must work, and we must all integrate to cross this dangerous stage.”

Al-Kazemi continued, “What is required of the political forces to recalculate in order to cross this stage, today there is a global crisis, which is reflected in every part of the world, and in addition to this crisis, our region has enough complex and intertwined crises, this scene is dark yes, but there are Hope, and we can turn the scene into an opportunity for success, and there is an opportunity, and this opportunity cannot be practically translated into a caretaker government.”

Al-Kazemi said, “Courageously and without any fear or apprehension, this government stands and assumes responsibilities, but this is not logical or realistic. Security and Food Security”.

The Prime Minister addressed the national political forces by saying, “The citizen is our responsibility, the homeland is our responsibility. Enough of divisions. We must work for the country and move to a new stage for the future of Iraq and the sons of Iraq and our grandchildren.”

Shafaq.com

MINISTRY OF FINANCE SAYS 200 BILLION DINARS TRANSFERRED TO ERBIL

SULAIMANI — A source from Iraq’s Ministry of Finance told NRT on Sunday (March 27) that the sum of 200 billion Iraqi dinars has been transferred from Baghdad to the Kurdistan Region as part of the budget deal between the federal government and Erbil.

The source added the available revenue would be enough to distribute the salaries for a month and a half to employees in the Region.

A source from the ministry announced on Friday the oil revenue from February was returned to the ministry from the finance’s treasury.

The government is planning to distribute salaries starting from the beginning of April, according to information obtained by NRT.

A spokesperson from the government assured its commitment to distributing salaries on the 25th of each month but the government has failed to keep to this deadline a number of times.

Despite the value of a barrel of oil exceeding $120 a month, the government still faces delays in distributing salaries and some city employees have yet to receive their salaries for the month of February.

(NRT Digital Media)

Al-Fateh: We do not want the parliament to be dissolved, and this is our position on Al-Sadr’s candidacy

Baghdad – Mawazine News, a member of the Al-Fateh Alliance, Madiha Al-Moussawi, confirmed the unwillingness of the coordination framework to dissolve Parliament.

Al-Moussawi said in a television interview, “The political components, despite the negotiations, have not reached a solution to the current crisis, but the field is open until Wednesday to negotiate with all parties.”

She added, “We hope to reach a solution in Wednesday’s session, and all parties will participate in the government in order to meet the aspirations of the people.” And regarding the candidate for the Prime Minister, Muhammad Jaafar al-Sadr, announced by the Sadrist movement, she confirmed that they have no objection to him, and we objected to his candidacy mechanism and we wanted the candidate to be the framework and the movement together, and we enter the political process as a framework and a movement.
Al-Iraqi, a member of the Al-Fateh Alliance, has completely ruled it out.

Mawazin.net

Al-Halbousi: We will continue to hold sessions until the quorum for the election of the president is achieved

Baghdad – Parliament Speaker Muhammad Al-Halbousi confirmed, on Saturday, that Parliament will continue to hold its sessions until the quorum for the election of the President of the Republic is achieved.

And the Media Department of the House of Representatives stated in a statement that “Nass” received a copy of it (March 26, 2022), that “the House of Representatives held today, Saturday, its fourth session of the fifth electoral cycle for the first legislative year of its first term, in the presence of 202 deputies, and completed the first reading of the support bill.” Emergency Food Security and Development, and set next Wednesday as the date for electing the President of the Republic.

Al-Halbousi explained that “the paragraph of electing the president of the republic requires a quorum of two-thirds of the council’s members, as approved by the Federal Court and stipulated by the constitution in this regard,” noting that “the failure to achieve the required quorum requires us to continue holding sessions until the quorum for the election of the president is achieved.”

He pointed out that “the council voted to add the first reading of the draft law on emergency support for food security and development as a new paragraph on the agenda of the session, in addition to the council’s vote on the membership of 12 deputies in the Parliamentary Finance Committee to proceed with the procedures of a number of legislation.”

He added that “the Council completed the first reading of the draft law on emergency support for food security and development, which was referred by the government in order to achieve food security, reduce poverty, achieve financial stability in light of urgent global developments, continue to provide services to citizens, improve the standard of living, create job opportunities, and maximize the use of Iraqis from state resources and resume Working on stalled and lagging projects, and moving on with new projects of importance.

According to the council’s statement, “Al-Halbousi directed to complete the nomination of the members of the Finance Committee and the second reading of the draft law on emergency support for food security in a session next Monday, as well as announcing the appointment of a session next Wednesday to elect the President of the Republic, after which it was decided to adjourn the session to next Monday.”

Nasnews.com

A new date to elect the Iraqi President, “Saving the Homeland” failed to reach a quorum

Shafaq News / Parliament Speaker Muhammad al-Halbousi opened a regular session of the House of Representatives on Saturday.

According to the Parliament’s media office, 202 deputies attended the scheduled session to vote for the President of the Republic.

The Office stated that Al-Halbousi adjourned the session for electing the President until next Wednesday, while a regular session will be held on Monday.

In turn, a source in Parliament told Shafaq News Agency that the political blocs that attended the session are the Sadrist bloc (75 deputies,) the Al-Siyada Alliance (61 deputies,) the Kurdistan Democratic Party (31 deputies,), the Imtidad Movement (nine deputies,) the New Generation Movement (nine deputies,) and 17 independent deputies.

According to the Iraqi constitution, two-thirds of the deputies should attend the parliamentary session (220 out of 329 deputies) to elect the President.

Earlier today, the Shiite Coordination Framework had presented to the Parliament a list of the representatives that boycott the current session for electing the Iraqi President.

MP Ahmed Al-Asadi submitted the list that included 126 deputies.

Shafaq.com

The House of Representatives raises its session to Monday and sets next Wednesday to elect the president

Shafaq News / The Iraqi parliament adjourned on Saturday its session to next Monday, after it failed to complete the quorum for the presidential election session.

A brief statement by the Parliament’s media department stated that the Speaker of the House of Representatives adjourned the session to elect the President of the Republic next Wednesday, while a regular session will be held on Monday.

On Saturday, Parliament Speaker Muhammad al-Halbousi opened a regular session of the House of Representatives, in the presence of 202 deputies, in a session that was scheduled to choose the President of the Republic, which requires the presence of 220 deputies.

Shafaq.com