Recover 20 million dollars of Iraqi money in Kuwait

Shafaq News / The Iraq Money Recovery Fund announced, on Wednesday, the recovery of more than (20) million US dollars of Iraqi funds in the State of Kuwait.

The Chairman of the Board of Directors of the Fund, Judge Haider Hanoun, stated in a statement today that the Fund, and within the framework of its follow-up of Iraqi funds abroad and working to recover them through diplomatic and legal means, succeeded in recovering an amount of (20,437,157) US dollars from the funds that were deposited in the secretariat account of the Embassy of Iraq in Kuwait at the National Bank of Kuwait, after reactivating the account and financing the balances.

He explained that the funds had been withheld since 1990, and were subject to confiscation and account closure, and after proving and returning them, they were deposited “as trusts” to the account of the Iraqi embassy in Kuwait, appreciating the role of the Ministry of Foreign Affairs in exerting efforts and cooperation in recovering the funds, noting that the Central Bank of Iraq reported that the amount had been deposited. To the “Iraq 2″ account in the US Federal Reserve Bank.

It is noteworthy that the Iraq Money Recovery Fund announced in mid-May the recovery of the amount of the liquidation of a company, and the follow-up of the settlement of the amount of (80) million US dollars in the (Credit Suisse) bank.

Shafaq.com

Framework: The second phase of the Sudanese changes will be announced at the end of this May

Information / Baghdad… The leader in the coordination framework, Turki Al-Atbi, confirmed, on Tuesday, that the second phase of government changes will be announced at the end of this May.

Al-Atbi said in an interview with Al-Maalouma, that “the changes in the positions of general managers of government institutions in most Iraqi governorates represent the first stage of the change program that was approved by the Prime Minister by the comprehensive evaluation committees.”

He added, “There is a second phase of change that will affect dozens of general managers in ministries, government agencies and institutions in Baghdad and the provinces at the end of May.”

He pointed out that “the process of change is taking place in parallel with the commissioning process,” pointing out that “changes are required in order to change administrative patterns and give a role to the new blood in taking its role.”

Dozens of exemption orders were issued in recent days to directors of government departments in Baghdad and the provinces.

Almaalomah.me

For the second month..Iraq is reducing its holdings of US bonds

Shafaq News / The US Treasury announced, on Tuesday, that Iraq’s possession of US bonds decreased for the second month in a row, to reach $39 billion.

The treasury stated in its latest table, seen by Shafaq News agency, that “Iraq’s possession of US Treasury bonds for the month of March of the year 2023 decreased by 1.4 billion dollars, to reach 39.3 billion dollars, after it was 40.7 billion dollars during the previous month,” indicating that “this Bonds rose by 50% over the same month of 2022, when Iraq’s possession of bonds amounted to $26.2 billion.

In the Arab world, Saudi Arabia comes at the forefront of the countries with the most possession, amounting to 116.2 billion dollars, and the UAE comes second with 61.5 billion dollars, then Kuwait third with 39.3 billion dollars, then Iraq fourth, and Oman fifth with 7.061 billion dollars, then Morocco with 3.890 billion dollars.

She pointed out that “the most holders of US bonds are Japan with 1087.7 ​​trillion dollars, followed by China with 869.3 billion dollars, followed by the United Kingdom with 714 billion dollars, and then comes Belgium with 336.5 billion dollars.”

Shafaq.com

American economist: I will reveal to you a secret.. The United States lied about Ukraine

The American economist Jeffrey Sachs exposed the US administration and its plans in Ukraine since 1992, and criticized Washington’s behavior, indicating that its paranoia made it believe that it ruled the world.

“I’ll tell you a secret, the United States lied because since 1992 there have been plans to expand NATO, including Ukraine,” Jeffrey Sachs said in a video.

“I recently spoke with a prominent historian working with archival materials, who assured me that Ukraine was already on the list in 1992,” he added.

Sachs accused the United States of arrogance, saying: “The United States believes that it rules the world, that it is the only superpower and can do whatever it wants.”

He added that because of these American values ​​and behavior, “it allows itself to do whatever it wants, whether it is sabotage operations, overthrowing governments, waging wars under false pretexts, or bombing Belgrade and Libya … Do not wait to get the truth. Because you will not get it.”

Burathanews.com

Parliamentary affirmation that the judiciary will continue to pursue Al-Kazemi and his corrupt government

Independent MP Mustafa Jabbar Al-Sanad confirmed, on Tuesday, that the Iraqi judiciary will continue to prosecute former Prime Minister Mustafa Al-Kazemi and most members of his government on charges of corruption.

In a statement to Al-Maalouma, Sanad said, “There is no immunity for the corrupt, and everyone is under the law, and we will continue to pursue the corrupt wherever they are.”

He added, “Al-Kazemi and most of his government members are being chased by the Iraqi judiciary, and we are working to recover the looted and smuggled money abroad,” noting that “the previous government was one of the most subjected to legal prosecution because of its corruption.”

Sanad indicated that “the judiciary continues to prosecute former Prime Minister Mustafa Al-Kazemi and his office director Raed Jouhi, in addition to the oil and finance ministers, regarding the case of theft of the horn and other charges.”

And Sanad had demanded, in a previous interview with Al-Maalouma, the Recovery Department and the International Police, to pursue the wanted and corrupt implicated advisors and ministers of the former prime minister, Mustafa Al-Kazemi, on charges of stealing public funds from those who fled outside Iraq.

Burathanews.com

Parliament holds a crucial meeting with the conservatives to finalize the budget

Information / Baghdad … The Parliamentary Services and Reconstruction Committee hosted, on Monday, all the governors of Iraq to discuss the budget items and the listed projects.

The information agency correspondent stated that the Parliamentary Services and Reconstruction Committee met under the chairmanship of Representative Ali Al-Hamidawi, Chairman of the Committee, and the presence of members to discuss financial allocations and the priority of provincial projects included in the Federal General Budget Law.

He added that the meeting is the last and decisive for all governors with the committee before going towards passing the budget during the coming days.

Almaalomah.me

Parliamentary Finance reveals transfers and reduction of the budget deficit and is likely to pass it at the end of this month

Shafaq News / The Parliamentary Finance Committee revealed, on Tuesday, that transfers have been made and a reduction in the deficit percentage in the budget law, which is likely to be voted on at the end of this month.

Committee member Adnan Al-Zorfi told Shafaq News agency, “The Parliamentary Finance Committee hosted a number of ministers, officials, and governors to discuss the financial allocations that were granted to ministries, departments, and governorates in the budget law.”

He added, “The Parliamentary Finance Committee is currently working on making transfers and reducing the deficit in the budget law, which amounts to 64 trillion dinars.”

Al-Zorfi pointed out, “The budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month.”

Yesterday, Monday, the “State Administration” coalition stressed, in a meeting attended by the prime ministers, representatives and all leaders of the coalition, the importance of approving the federal budget and launching government projects and programs, and announced on 10-5-2023 as a last resort to resolve discussions on budget items.

The Iraqi parliament is preparing to vote on the draft general budget law for the three years (2023-2024-2025) after completing the first and second readings of the draft.

Shafaq.com

US official: We will encourage members of Congress to visit Iraq and see the great improvement in it

Shafaq News / The US Assistant Secretary of State for Middle East Affairs, Barbara Leaf, praised, on Tuesday, the significant improvement in terms of security in the provinces of Iraq.

This came during the reception of the President of the Republic, Abdul Latif Jamal Rashid, to Liv and her accompanying delegation, according to a statement issued by the presidency.

The statement stated that during the meeting, they reviewed the existing friendship and cooperation relations between the two countries, where the President of the Republic stressed the importance of strengthening bilateral relations in a way that serves mutual interests and enhances stability in the region.

The Iraqi president pointed out that the people of Mosul celebrated the spring festival yesterday spontaneously and happily, as they had not celebrated this occasion for years, pointing out that the situation in Iraq has developed positively and tangibly.

He added that the government has drawn up an ambitious program to consolidate security in the country, provide the necessary services to citizens, rehabilitate urban infrastructure and combat corruption.

For her part, Barbara Leaf affirmed the United States’ support for the security and stability of Iraq and the prosperity of its people, and the aspiration to strengthen constructive cooperation relations in a way that serves common interests.

She indicated that she visited the city of Basra in 2010 and today she sees a fundamental difference in security and stability, and improvement in the private sector, indicating that there is safety and freedom for people to move and navigate in the streets.

She added that this positive image we are working to transfer abroad, and we will encourage members of Congress to visit Iraq and see the great improvement witnessed by the Iraqi provinces and cities.

Shafaq.com

A crucial meeting between Parliamentary Finance and heads of blocs on passing the budget

Information / Baghdad … A parliamentary source stated today, Tuesday, that a crucial meeting was held between the parliamentary finance and the heads of the blocs on passing the draft general budget law.

The source said, in an interview with the information agency, that “the Finance Committee, headed by Representative Atwan Al-Atwani and in the presence of its members, met with the heads of parliamentary committees to discuss the draft federal budget law.”

He pointed out that “the aim of the meeting is to put the final touches on the general budget law for the current year 2023 for the purpose of completing its reading inside the dome of Parliament.”

The deficit rate amounted to 63.275 trillion dinars, with the adoption of a price of $ 70 per barrel of oil, given that more than 95 percent of budget revenues depend on oil sales.

Almaalomah.me

Nechirvan Barzani and Mandalawi stress the importance of approving the general budget law

Shafaq News / The President of Kurdistan Region, Nechirvan Barzani, and the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi stressed, on Tuesday, the importance of approving the draft general budget law.

A statement received by Shafaq News agency stated, “Barzani and Al-Mandalawi exchanged views on the latest developments in the political situation in the country, the program of the Iraqi federal government, the issue of the draft general budget law in Iraq, and the relations of Erbil and Baghdad.” ‏

The two sides agreed on the need for cooperation between all political parties to overcome difficulties, solve problems and maintain the country’s political stability.

The two sides also stressed the need to ratify the Iraqi general budget draft law and implement the government program.

Several other issues were the period of completion of the joint, which were discussed during the meeting, according to the statement.

Shafaq.com