The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a breakthrough?

Baghdad/The Obelisk: Speculators are always ready to seize opportunities in the field of stock exchanges, exchange markets and currencies in Iraq today.

Anticipation still prevails in the Iraqi exchange market, despite the sudden improvement in oil prices until it crossed the $95 barrier.

The manipulation of currency exchange rates and the increase in the price of the Iraqi dinar against the dollar had significant negative effects, including raising the prices of materials in absolute, without an increase in salaries. Decision-makers and policy makers in Iraq, to ​​have a role in the half of Iraqi society, especially after the huge financial abundance of hard currency.

Accordingly, we suggest that the exchange rate of the Iraqi dinar against the dollar is 100 thousand Iraqi dinars for 100 US dollars, and I think this is the real fairness to the Iraqi citizen, and give him something of interest, vitality and well-being, because he suffered what he suffered from instability and psychological, social and economic discomfort, today the House of Representatives The Council of Ministers and the President of the Republic are at stake before the will of the Iraqi people. We await decisions from you to solve the Iraqi dinar crisis, and end this crisis before it turns into a purely financial, economic and security crisis that threatens the future of Iraq.

Almasalah.com

A Breakthrough In The Crisis Depends On Naming The Largest Bloc And Resolving Differences

The Information/Baghdad… The former deputy of the Al-Fateh Alliance, Walid Al-Sahlani, confirmed that the real problem lies in naming the largest bloc, pointing out that the breakthrough will be after resolving the differences between the alliances and knowing who is the coalition that will go towards forming the government.

Al-Sahlani told Al-Maalouma, “The political blockage will reach in the coming days an end and a breakthrough in order to serve the country and not to maintain the caretaker government led by Mustafa Al-Kazemi, as it is restricted and will not be able to achieve what the people aspire to.

He added that “the real problem lies in forming the largest bloc from which the new prime minister will emerge, as the situation is still disputed over the alliance that will form this bloc.”

And he indicated that “there is anticipation for resolving the crisis inside the Kurdish house after the recent dialogues between the two parties, the Union and the Democratic Party, which is an indication that pushes towards resolving the crisis within the Shiite house and dialogue in order to agree on a unified vision to form the largest bloc.”

almaalomah.me

Deputy for the coordination framework, Muhammad Al-Baldawi, expects the launch of the latest initiative to end the blockage

The deputy of the coordination framework, Muhammad al-Baldawi, expected, on Sunday, that the framework would launch a new initiative in order to end the political blockage, indicating that the speech of the leader of the Sadrist movement, Muqtada al-Sadr, caused a major stagnation in the political negotiations.

Al-Baldawi said in a statement to / the information /, that “the atmosphere of the political movement at the present time is still completely stagnant in relation to the tripartite alliance and the coordination framework, especially after the last speech of the leader of the Sadrist movement,” noting that “the movement that is currently taking place in the Salah al-Din resort is between sovereignty, determination and democracy.” Likewise, the Kurdish-Kurdish movement can emerge from it with a new political initiative that would undermine the political crisis.”

He added that “if the coordination framework does not obtain a political consensus, it will seek to obtain a new political agreement that guarantees the rights of all during the next stage by agreeing to form the largest bloc and then agreeing on the specifications of the next prime minister and setting a plan, approach and government program to manage the next stage, even if it does not We participate in the government.”

Al-Baldawi pointed out that “there is a difference between participating in the political process and bearing responsibility, and participating in the government.

burathanews.com

The road to elections and the extension of Al-Kazemi is clear after the collapse of confidence between the conflicting parties

Baghdad / Obelisk: The recent position of the Sadrist movement to withdraw from the political process and call on the Sadrist bloc’s deputies to resign from Parliament has been postponed, a new initiative from Erbil.

But the last Sadrist tactic, did not pay the Triple Alliance so far in a position towards him, on the future of the process of forming a government.

After al-Sadr threatened to remain in the opposition or to withdraw completely from the political process, the visit of the coordination framework delegation headed by the head of the Fatah Alliance Hadi al-Amiri to the Kurdistan region was postponed.

Political activist Hamza Al-Khafaji says that the coordination framework’s visits to Erbil have increased, and we have not seen results to end the political blockage.

Ideas talk about the Sadrist withdrawal, which distances the possibilities of forming a government towards new elections, where the leader of the Sadrist movement hopes to gain more votes.

The political forces were waiting for the initiative of the head of the Kurdistan Democratic Party, Massoud Barzani, the second ally of the leader of the Sadrist movement, Muqtada al-Sadr, in his tripartite alliance that he formed on the twenty-third of last March, and it also included the “sovereignty” alliance led by Khamis al-Khanjar, in the name of the “Salvation” coalition. homeland”.

The political crisis in Iraq has entered its seventh month in a row, since the early legislative elections were held on the tenth of October last year.

And the expert in Iraqi political affairs, Ahmed Al-Sharifi, considered that “the continued lack of confidence between the various parties, and the absence of a guarantor for the implementation of the agreements, would thwart any new initiative.”

Al-Sharifi added that “Iranian mediation failed to resolve the crisis, due to the lack of consideration for the new political reality in Iraq that resulted from the elections, and we do not believe that there is an initiative capable of resolving differences without al-Sadr abdicating the majority government, or the coordinating framework forces relinquishing the consensus government, and from Without that, there are no solutions, near or far.

Al-Sharifi pointed out that “the external factor is still active in the issue of efforts to bring the views of the various parties closer, but he was unable to find solutions with Al-Sadr’s insistence on rejecting all initiatives and adhering to the majority government. The opposition front without participating in the new government.

And the political analyst, Kitab Al-Mizan, believes that matters in the country are moving towards early elections, due to the political blockage, which means that the Al-Kazemi government will remain for the next period.

The writer and academic Fateh Abdel Salam asks about the reasons for the failure of any initiative presented in the context of the political crisis in Iraq?

And more than one observer is wondering about the developments that have taken place since the early elections were held last October .

Abd al-Salam says that local initiatives carry their flaws with them while stillborn because they have always been coercive orthographic interpretations of views. On the other hand, the relevant side, without its owners being aware of the meaning of the initiative, its requirements and flexibility.

He continued: The initiative carries the elements of its failure when it comes from opponents who have no will or decision to change Positions of steps and benefits under the consensual shift from futile sclerosis.

Almasalah.com

Member Of The Framework: Political Parties Are Trying To Seize Food Security Funds

Information / special – A member of the State of Law coalition, Ahmed Hamdoun Al-Sufi, confirmed, on Sunday, the existence of political parties that want to steal public money through the Food Security Law, while calling for the formation of committees to monitor the exchange mechanisms.

Al-Sufi said in an interview with the Information Agency, that “the political blockage is in the interest of some of the parties that insisted on passing the Food Security Law in order to continue in the ruling authority and seize the money of the law.”

He continued, “When the Federal Court rejected the Food Security Law, some political parties deliberately directed criticism and accusations to the court, as it applies the law and does not serve their underlying political interests.”

He added that “Parliament circumvented the decision of the Federal Court by passing a law containing huge sums and suspicions of great corruption.”

Noting that “in the coming days, we will witness lawsuits by the deputies of the coordination framework and independents to appeal the suspicious paragraphs.”

And political parties had confirmed in an interview with Al-Information, earlier, that “the law of emergency support for food security cannot be implemented on the ground by the caretaker government headed by Mustafa Al-Kazemi,” noting that “the judiciary will have the final say in this regard.” Law.” Ended / 25 and

almaalomah.me

The decision of the former Parliamentary Finance Committee: Food security transformed the caretaker government into an authentic one with a constitutional violation

The decision of the former Finance Committee, Ahmed Al-Saffar, confirmed, on Sunday, that the legislation of the emergency support law for food security and development transformed the caretaker government into an authentic in an explicit constitutional violation, indicating that the law included illegal articles, and that the authority of the caretaker government is to spend according to the State Administration Law 1 / 12 .

Al-Saffar said in a statement to “Information” that “the adoption of the Emergency Support and Development Law transformed a government that does not have financial powers to an authentic government that possesses all financial powers, since its powers, according to the constitution, are a caretaker government related to exchange only according to the 1/12 mechanism.”

He added that “the law granted the caretaker government a full operating budget in addition to the investment budget, and there was no difference between the caretaker government and the original government, but the paragraphs of this law constitute half of a full budget.”

Al-Saffar explained that “five articles in the new law extracted a text from last year’s budget 2021 related to continuing to borrow, and that this law is nothing more than a circumvention of the budget law.”

burathanews.com

Iraqi Dinar/US Dollar auction results for 6-12-2022 executed  6-9-2022

The results of the foreign currency sale window Sunday 12/6/2022
Announcement No. (4663)

Sale date – Sunday 12/6/2022

Amount
Total sales for the purposes of strengthening balances abroad (remittances, credits)
214,851,247

Total cash sale
19,950,000

Total sales
234,801,247

Note that:

The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar.

The cash sale price is ( 1460 ) dinars per dollar.

cbi.iq/currency_auction/view/1291

Al-Maliki’s Coalition: The Food Security Law Is Unconstitutional And Is Nothing More Than A Dead Letter

Earth News / Today, Thursday, the State of Law coalition considered the emergency food security support law illegal and cannot be applied despite the vote of the Iraqi parliament unless the next federal government is formed.

And the coalition said in a statement, received by Earth News, that “the law of emergency support for food security, and despite its inclusion by our deputies of paragraphs useful for the popular classes and the various social strata of those whose contracts have been terminated, the holders of higher degrees, farmers and others, but it collides with the decision of the Federal Court as it is unconstitutional and a decision was issued against him.” It has become an obligation.”

He added, “It was our position that the government would resort to other alternatives that preserve the constitutional and legal contexts, but the insistence of the Presidency of the Parliament to proceed with it and its non-compliance with the decision of the Federal Court makes it a regressive step and a violation of the principle of separation of powers and respect for the judicial institution.”

And the coalition added that “according to the decision of the Federal Court, the law is not more than a dead letter but to be implemented when forming the new government,” noting that “the situation was confined between allowing others to proceed with it in its first form tainted by suspicions of corruption and waste of public money and the allocation of sums from Finance is in clear violation because the current government is a daily caretaker government, and between making the amendments that fulfill the demands of the Iraqi people and its various segments and meet the need for food, electricity and real services requirements provided that the judiciary is respected and that this law does not conflict with the decision of the Federal Court.

He concluded that “the realization of the demands of the segments could have been achieved by relying on the law of financial management and exchange according to the 1/12 system and that it is not permissible to insist on violating the Federal Court because that challenges the judiciary and thus challenges the entire political process.”

Earthiq.news

BGG ~ Kinda’ curious how Maliki’s gang is sooooo spun up about this “Law”. When was the last time you heard these crooks complaining about a “bad law”?? Never seemed to bother them before…

Al-Fateh Considers Parliament’s Approval Of Food Security “Organized Theft”

Today, Thursday, the leader of the Al-Fateh Alliance, Ali Hussein, considered the parliament’s approval of the Food Security Law as an organized theft and waste of public money, while revealing the proportion of the law allocated to the Iraqi people.

Hussein said in an interview with the “Information” agency, that “the percentage obtained by the Iraqi people from food security allocations does not exceed 3%,” wondering, “How is the vote on a law whose title is different from its content?”

He added, “The Iraqi people need food and do not need this law, especially at this critical time and in light of a caretaker government, political problems, security instability and disasters in most government areas.”

The leader in Al-Fateh explained that “food security is waste and theft of money, but in an organized manner and does not fall within the financial control, as is the case with the federal budget,” calling on members of the House of Representatives to “feel the level of responsibility that has been placed upon them to serve the Iraqi people, for history is merciless and that the people do not Have mercy and God Almighty is on the lookout.”

Member of the Parliamentary Finance Committee, Representative Jamal Kougar, had previously confirmed to Al-Maalouma that the food security law that Parliament voted on yesterday does not match its title with its content, indicating that the financial distribution in the law was negative and far from the main content and objectives of the law and what was allocated for food. Not more than 25% of the original amount

almaalomah.me

Al-Sadr puts his opponents in the critical corner through the gate of the Food Security Law

Once again, the leader of the Sadrist movement, Muqtada al-Sadr, puts his opponents in the divided Shiite house (the coordinating framework forces) in front of a critical angle, but this time through the gateway to pass the emergency support law for food security.

Al-Sadr, who leads an alliance with the Sunnis (the Alliance of Sovereignty led by Muhammad al-Halbousi, the speaker of parliament) and the Kurds (the Kurdistan Democratic Party led by Massoud Barzani) has through this alliance a parliamentary majority capable of passing laws in Parliament. Although Al-Sadr’s tripartite alliance was unable to pass its candidate for the position of President of the Republic because the position of President requires a two-thirds majority in Parliament, which he does not possess, but he has a majority of half plus one, which is necessary to pass the rest of the laws within the parliament.

In this context, the law on emergency support for food security that the Iraqi parliament had to pass before the start of the legislative recess for parliament, which begins today (Thursday), the Sadr coalition wants to pass as it meets the basic needs of the Iraqi citizen, especially since the government cannot present the budget to Parliament Being a caretaker government.

However, al-Sadr’s alliance, which often has the possibility of passing it, fears the possibility of challenging it before the Federal Court and does not fear the objections of its opponents from the forces of the coordinating framework. The decisions issued by the Federal Court are final and obligatory to implement, which makes passing it by a majority risk that can end when the Federal Court accepts the appeal, which made the Sadr coalition looking for a compromise formula to pass the law.

The Federal Court had accepted the appeal submitted by deputies from the Coordination Framework Forces and independent deputies regarding the submission of the government of Mustafa Al-Kazemi, the draft law on emergency support for food security to Parliament.

The merits of the appeal stated that the caretaker government does not have the authority to submit bills. In an attempt by Parliament to reintroduce the law, it went to a clause in the constitution that gives Parliament the right to submit proposals for laws. However, there are legal experts who believe that this formula is also subject to appeal, since the proposals for laws discussed by Parliament must go to the government and return to Parliament as a bill, which the caretaker government does not possess.

Regarding this complex issue, the Iraqi parliament, which faced two days ago massive demonstrations in front of one of its gates that almost led to protesters entering the parliament building, is seeking to pass this law that would silence the voice of the street, even temporarily, especially crossing the summer months in light of a sharp rise in temperatures. And a significant shortage in the supply of electricity due to Iran cutting off gas supplies to Iraq due to debts. Although Prime Minister Mustafa Al-Kazemi confirmed, in his press conference, the day before yesterday, which was attended by Asharq Al-Awsat, that his government has handed over the Iranian debts owed by it, but he revealed that Iran owes debts to previous governments.

The conflict between Al-Sadr’s tripartite alliance and the forces of the coordination framework revolves around this law, as it enables the Al-Kazemi government to continue while giving it additional funds, which means its ability to maneuver, in addition to that, the coordination framework sees that Al-Kazemi’s government is close to Al-Sadr and his alliance, which means The framework, by agreeing to pass the law, is as if to give them what they want on a platter of gold. But in return, the law solves part of the Iraqis’ problems, especially in the areas of electricity, water and many services, as well as the file of lecturers and contract holders, which are pressing issues.

Al-Sadr’s alliance, if the law does not pass, will put the forces of the coordination framework in the face of the angry street. And if the law is passed, this coalition will be in a comfortable position, since it has the majority capable of passing it. For their part, the forces of the coordination framework, and through statements or tweets issued by its leaders, are trying to pass the law to avoid the anger of the street, but by including paragraphs that serve their audience, which makes them, if the law passes, say that they pressured to pass the paragraphs they demand, and thus put themselves in a position Victorious in front of the audience.

Rawabetcenter.com