Al-Khanjar appreciates Barzani’s initiative: He saved Iraq in 2010 and today.

Shafaq News / The leader of the Sovereignty Alliance, Khamis al-Khanjar, valued, on Monday, the initiative launched by the leader of the Kurdistan Democratic Party, Massoud Barzani, to resolve the dispute between the coordination framework and the Sadrist movement, and unify the Shiite house.

The initiative launched by Barzani led to the meeting of the Triple Alliance, in Al-Hanana (Sadr’s residence in Najaf), which included Nechirvan Barzani, President of the Kurdistan Region (the Democratic Party), and Khamis al-Khanjar and Muhammad al-Halbousi for (Sovereignty), with al-Sadr.

Shafaq News Agency learned, that an expanded meeting will be held before the presidential election session, bringing together the Triple Alliance (the Sadrist bloc, the Kurdistan Democratic Party, the Sovereignty Alliance) on one hand, and the leaders of the coordination framework on the other hand, in the capital, Baghdad.

Al-Khanjar wrote, in a tweet to him on Twitter, that “most of the initiatives of difficult times come from good Erbil, and from President Barzani, in 2010 he saved the country from a stifling political crisis, and today the same scene is repeated.”

He added: “Thanks and appreciation to Muqtada al-Sadr for accepting the initiative and with a purely national decision, in order to preserve the unity and stability of Iraq.”
This comes, after a member of the Kurdistan Democratic Party, Bankin Rekani, expressed his displeasure earlier in the day that Khanjar did not refer to Barzani’s initiative during his comment on the Al-Hananah meeting in which he accompanied the President of Kurdistan Region and Parliament Speaker with Al-Iraqi, to meet with the leader of the Sadrist movement Muqtada al-Sadr. .

Al-Khanjar had tweeted, earlier on Monday, about the meeting that took place in Al-Hananah between the President of Kurdistan Region, Nechirvan Barzani, the leader of the Sadrist movement, Muqtada Al-Sadr, and Parliament Speaker Muhammad Al-Halbousi.
In his tweet, al-Khanjar attributed the initiative of Kurdish leader Massoud Barzani to al-Sadr.

Shafaq.com

Military Industrialization: Production of medium and light weapons

Baghdad – The Military Industrialization Authority will open this year new lines for the production of light and medium weapons, such as rifles and pistols, in an effort to achieve self-sufficiency and support the national economy.

The head of the authority, Muhammad Al-Daraji, told “Al-Sabah”: “The authority has made unremitting efforts to restore the defense defense industry with its most basic components and to ensure that equipment and light weapons are manufactured locally.”

He pointed out that “the current year will witness successively the installation of production lines specialized in medium and light weapons, such as rifles, pistols and their materiel.”

Al-Darraji indicated that “the aim of opening the lines is to reach a good percentage of self-sufficiency in this aspect and to help the military and security forces to be sufficient with equipment and light weapons locally, which will have a significant impact on the Iraqi economy and national security.”

He explained that “the events that took place after 2003 had a very negative impact on the military production project, after most of the arms factories were systematically and planned for looting.”

Al-Darraji pointed out that “the authority will take over, during the next month, the Hammurabi factory, which has been sabotaged and stolen during the past years, in order to work on rehabilitating it and importing production lines for the manufacture of weapons and materiel from solid sources.”

And he added, “The Hammurabi factory was previously specialized in the manufacture of the pistol known as (Tariq), where we will work on developing and modernizing it under the name (Babylon), noting that” Iraq has great experiences in military manufacturing, and some youth experiences that were appointed in the Ministry of Defense will be used. , by assigning them to the factory due to the lack of job grades.

Alsabaah.iq

Iraqi Parliament: A proposed law to deduct a percentage of the oil proceeds and give it to the people

Mubasher: The First Deputy Speaker of the Iraqi Council of Representatives, Hakim Al-Zamili, chaired, today, Sunday, a meeting with senior advisers to the House of Representatives.

Al-Zamili stressed, according to a statement by the House of Representatives, that the current session will focus on legislating laws that serve citizens, expressing his quest to legislate a law to deduct a percentage of oil imports and grant it to the unemployed, unemployed graduates, patients and people with special needs, as the first law to be voted on in this session.

Al-Zamili indicated that other important laws are intended to be passed; Related to unemployment, revitalizing industry and national agriculture, and controlling border crossings.

He instructed the formation of a committee to combat narcotics and psychotropic substances, amend its law, find effective solutions to prevent their spread and trafficking, and establish healthy and practical mechanisms for treating addicts.

The First Deputy Speaker of the Iraqi Council of Representatives directed to expedite the preparation of a comprehensive strategy for the legislative and oversight policy for this parliamentary session, and to form a committee to follow up the implementation and activation of the government’s suspended laws.

Mubasher.info

A deputy reveals a set of options regarding the 2022 budget, including the price of the dollar

{Economic: Al Furat News} The current deputy and member of the Finance Committee in the former parliament, Jamal Cougar, revealed today, Sunday, a set of options regarding the 2022 budget, including the dollar exchange rate.

Cougar told {Euphrates News}, that “we expect to send the budget to the House of Representatives immediately after the formation of the government,” noting that “there are a number of options presented to it, including to “send the budget as prepared by the current government”, or to “make some changes in prices.” exchange the dollar” or that it is “fundamentally changed”.

Cougar added: “Or the exchange rate will be kept according to the Financial Management Law 12/1, and this is somewhat unlikely.”

Alforatnews.iq

Iraq.. Oil export revenues jump to $75.65 billion in 2021

Direct special – Mr. Jamal: Iraq achieved a remarkable increase in oil export revenues during 2021 on an annual basis; Amid the improvement in global oil prices compared to the previous year, during which they were affected by the Corona pandemic crisis and the downturn in the global economy, the average selling price of a barrel of oil increased by more than 78% on an annual basis.

Mubasher.info

The Presidency of Parliament directed to expedite the preparation of the legislative policy strategy

Baghdad – Mawazine News: Hakim Al-Zamili, First Deputy Speaker of Parliament, chaired, on Sunday, a meeting with senior advisers to the House of Representatives, while instructing to expedite the preparation of a comprehensive strategy for legislative and oversight policy for this parliamentary session, and to form a committee to follow up on the implementation and activation of the government’s suspended laws.

Al-Zamili stressed, according to a statement by his media office, received by Mawazine News, that “the current session will focus on legislating laws that serve citizens,” expressing his quest to legislate a law “to deduct a percentage of oil imports and grant it to the unemployed, unemployed graduates, the sick and those with needs.”

The private sector, as the first law to be voted on in this session, as well as other important laws related to unemployment, revitalizing industry and national agriculture, and controlling border crossings.

Al-Zamili instructed, according to the statement, “to form a committee to combat narcotics and psychotropic substances, amend its law, find effective solutions to prevent their spread and trafficking, and establish healthy and practical mechanisms to treat addicts.”

Mawazin.net

Iraq May Get Half A Trillion Dollars Annually If It Is Linked To The Silk Road

Information / Special – Economic analyst Younis Al-Kaabi said, on Wednesday, that if Iraq agreed to the Silk Road project, it would generate revenues of more than $500 billion annually, while referring to the project, which would revive the entire economic aspect of the country.

Al-Kaabi told the agency, “Information”, that “the initiative put forward by China, which includes more than 64 countries, is not just a transportation road project, but a package of important economic projects such as transportation, tourism, and the establishment of industries and oil and industrial facilities,” noting that “the project also includes the construction of roads.” Fast, ports and transportation lines shorten the long sea routes that are now used by global maritime trade.”

He added, “Iraq has not yet taken a decision about its approval of the Silk Road project. If approved, it will not bear any costs related to the project, but the entire initiative will bear China’s high costs,” noting that “the volume of investment in the project is currently approximately $500 billion, and it is possible that Iraq’s revenues from revenues through transit will be much more than this number, because most of global trade will pass through Iraq.”

Al-Kaabi explained, “The revenues of the Silk Road will be the first and main axis that enters Iraq, followed by oil, meaning that it will reduce its dependence on the oil side only,” stressing that “the project will revive the entire economic aspect of the country and even the country’s infrastructure will change to be compatible with China’s standards for the establishment of this road.” Global”.

The analyst concluded by saying, “China will try to transfer its industries and establish new industries to the countries that participate in this initiative to shorten costs and be at preferential prices, and thus provide many job opportunities in establishing this road and in the industries that follow it.”

Almaalomah.me

Changing the price of the dollar .. a government desire to walk in it and a parliamentary movement to return it to its previous era

Mawazine News – More than a year has passed since the Iraqi government decided to change the exchange rate to 1445 dinars against the dollar, but the rise in dollar prices and the recovery of the state treasury prompted several political blocs to move to restore it to its previous era before raising its value estimated at 1190 dinars.

Despite the words of Finance Minister Ali Allawi, that “the decision to raise the value of the dollar contributed to stopping the layoffs and increasing the reserves of the Central Bank,” but the economist Rashid Al-Saadi considered, “The process of changing the dollar exchange rate was catastrophic for the economy, and there are a number of solutions to realize it.”

Al-Saadi added in an interview with “Mawazine News” that “the state had to resort to other methods to compensate for the lack of treasury resources, such as controlling the resources coming from the border outlets, including the region, and oil resources exported from the region, and depositing revenues of 260,000 barrels to the SOMO Company on a daily basis. Investing in operating idle projects and mobile phone companies that drain large sums of money from citizens, in addition to transportation projects in general.
He points out, “Our demands are many to reconsider the dollar exchange rate, but the state is not serious in this regard, and because its impact was on the fragile middle and poor classes, it will not cause any shock to the market if the exchange rate is restored to its previous value.”

The statements of the political blocs were renewed regarding changing the exchange rate to its previous era. The representative of the extension bloc, Alaa Al-Rikabi, spoke about efforts to restore the old exchange rate.

Al-Rikabi says, “Our first and last goal is to serve the citizens, and one of our priorities that we will work on is to restore the exchange rate of the dollar to its predecessor.”

For his part, the representative of the coordination framework, Muhammad al-Qadri, said, “The coordination framework, through its presence in the Iraqi parliament, will work to restore the exchange rate of the dollar to its previous price, especially since this is the most prominent popular demand, as raising this price negatively affected the citizens and contributed to Paragraph Ratio.

He affirms, “The current parliament is able to return the dollar exchange rate to its previous rate, and the coordination framework will work to pressure the competent authorities to return it, and this work will be one of our priorities.”

Mawazin.net

The current economic crisis may increase the dollar exchange rate

Baghdad / NINA / – The economic expert, Saleh Al-Hamashi, confirmed that: the current economic crisis may increase the dollar exchange rate to a new figure.

He told the National Iraqi News Agency ( NINA ): “The current exchange rate of the dinar, I do not think that it will change to what it was before 2020, that is, at a price of 1200 dinars per dollar.”

Al-Hamashi attributed this to: “The Iraqi monetary bloc is unable to meet the Iraqi economic activity, in addition to the fact that oil prices, despite their high, were not able to cover the budget deficit, and that the price of $95, at a rate of four million barrels per day, would then be filled. impotence.”

He expressed his belief that at the end of 2022 or the beginning of next year, the exchange rate may change to 1700 dinars per dollar in light of the current reality, and if oil prices relapse, and this is expected at the end of this year, things may get worse, especially since the Iraqi budget is inflating year after year. A year without any productivity.

Ninanews.com

Iraqi parliament to elect a new president on February 7

ERBIL, Kurdistan Region – Iraqi parliament’s newly-elected presidency on Thursday decided to hold a meeting on February 7 to elect a new president for the country, according to a statement from the legislature. Kurdistan Region’s two ruling parties continue their efforts to gain the support of Iraqi political parties for their candidates.

Iraq held snap parliamentary elections on October 10. The new members of the parliament were sworn in and they elected a new leadership for the legislature on January 9. The next phase is to elect a new president for the country by February 8, as per law.

Parliament’s new presidency held a meeting on Thursday and decided to announce the names of those presidential candidates who meet their requirements on Monday, adding that the election process will take place on February 7, according to the statement by the legislature.

The position has been held by Kurds for nearly two decades. The Kurdistan Democratic Party (KDP) and its rival Patriotic Union of Kurdistan (PUK) have fielded different candidates for the position, harming their relations.

The KDP has appointed Hoshiyar Zebari, who has served as Iraq’s foreign minister and finance minister in the past, and the PUK has fielded Barham Salih, the incumbent president of the country.

Both parties are holding meetings with Iraqi political parties to gain support for their candidates, with officials from both sides already claiming victory.

The new president will task the candidate of the largest parliamentary alliance to form a new cabinet.

PUK Co-chair Bafel Talabani met with Hadi al-Amiri, leader of Fatih Coalition, in Baghdad on Thursday.

According to a statement from Amiri’s office, the leader told Talabani that the PUK and KDP have to resolve their issues regarding the position of Iraqi presidency, adding that “the continuation of this difference will reflect in Iraq.”

Rudaw.net