The government announces sending the budget to Parliament at the end of this month

Information / Baghdad… The government spokesman, Basem Al-Awadi, set, on Tuesday, the date for the 2023 budget bill to reach Parliament.

Al-Awadi said in a statement, a copy of which the information received, that “the draft budget law for 2023 will be sent to the House of Representatives at the end of this month.”
And the head of the Strategic Planning and Federal Service Committee, Laila Al-Tamimi, revealed, on Tuesday, that the House of Representatives will soon receive the draft financial budget law for the year 2023 from the Council of Ministers.

Al-Tamimi said in an interview with Al-Maalouma Agency, “The Council of Ministers is preparing to send the draft financial budget law for the year 2023 to Parliament,” stressing that “its approval will not take long in Parliament.”

She added, “The financial ceiling of the budget is still uneven, but so far, in fact, we do not have accurate information in this regard until it reaches the House of Representatives.”
She pointed out that “the Sudanese government continues to implement some projects through the Food Security Law and make them continuous projects, which have reached a completion rate of 50%.”

And she continued, “These projects have been included in the budget, and during the next few days, a draft budget law will be sent to the House of Representatives.”

Almaalomah.me

An Iraqi political current defines 6 points for recovering looted money abroad

Information / Baghdad… A political movement identified 6 points for recovering looted Iraqi funds abroad, noting that they are estimated at hundreds of billions.

The head of the Bayariq al-Khair bloc, Muhammad Othman al-Khalidi, said in an interview with Al-Maalouma, that “there are no specific figures for the volume of Iraqi money smuggled abroad after 2003, but expectations indicate that it may reach hundreds of billions of dollars.”

He added, “Recovering the smuggled money is a legal right, but its paths are not easy, especially since that money has been melted into the economies of many countries and has become part of its activity for many years.”

He pointed out that “there are 6 important points that must be adopted in order to recover the looted funds, the most prominent of which is strengthening the relationship with Interpol and providing an integrated file with evidence on the amount of money and those involved in it, in addition to building strong paths of interests with an economic dimension with the countries to which the money smuggled in order to coordinate its recovery with The wanted persons through the principle of mutual interests, in addition to launching lawsuits and investing Baghdad’s relations in international and regional organizations in this direction.

He pointed out that “the recovery of the looted money must adopt bold decisions and reveal the secrets of the money and the names of those involved, and otherwise attempts to recover will remain ink on paper.”

Large amounts of money fled Iraq during the past years in mysterious circumstances, which were revealed by many political and parliamentary circles after 2003.

Almaalomah.me

The Central Bank clarifies the latest measures of the financial transfer platform and limiting the rise in the dollar

Information / Baghdad… Today, the Central Bank announced the start of expanding inclusion in entering the electronic platform, and while it indicated its continuation in issuing positive steps to facilitate foreign trade financing, it confirmed its communication with Chinese banks regarding dealing in the yuan currency.

The governor’s assistant said in a statement to the Iraqi News Agency, which was seen by the “information”, that “the Central Bank continues to follow the instructions previously issued to ensure the stability of the parallel exchange rate.”

He added, “A meeting was held with the banking sector, merchants, and factory owners to face challenges and overcome them,” noting that “the Central Bank began expanding the channels and entities covered by entering the electronic platform.”

He explained, “This is the first step, while continuing to issue positive steps to facilitate the financing of foreign trade or any sound official transfers abroad.”

He pointed out that “the measures taken can control the market,” calling on “citizens and project owners to review the official channels to obtain foreign currency, as for merchants, there are great facilities for them from banks to finance their foreign trade instead of other methods.”

He pointed out that “the recent decisions of the Council of Ministers mentioned dealing in dinars, so there is no justification for citizens to use foreign currency in local transactions.”

Regarding dealing in the Ioan, Khalaf stated, “There is continuous communication by the central bank with Chinese banks, in order to activate and allow merchants to transfer directly, meaning that the central bank delivers the dinar through banks, and the transfer is directly through the use of the Chinese currency, the yuan.”

Almaalomah.me

Al-Moussawi: Amendments to the election law will be passed comfortably in Parliament

Information / Baghdad… The representative of the State of Law Coalition, Jassim Al-Moussawi, confirmed that the State Administration Coalition will pass the amendments to the election law comfortably, especially after the law was read first and second, and only the final vote remains, pointing out that the coalition has the numerical majority to pass the amendments to the aforementioned law.

Al-Moussawi told Al-Maalouma, “The State Administration Coalition has the decision to proceed with the electoral denominator (St. Lego), as it insists on passing the 1.9 percentage for this system in order to hold the next elections according to this percentage.”

He added, “The State Administration Coalition was able to pass the amendment of the election law according to the aforementioned data, and is also able to vote on the amendments comfortably, especially with its numerical majority in parliament.”

And he indicated that “the amendments to the election law include the abolition of multiple constituencies and proceeding with one constituency, as the first and second readings of the amendment of the law have been completed, and only the final vote on the amendments remains.”

Almaalomah.me

Sudanese discuss with the delegation of the World Bank to support government reforms

Information / Baghdad… Today, Monday, the Prime Minister, Mohamed Shia Al-Sudani, discussed with the World Bank delegation ways of joint cooperation and support for the government’s plans.

And the media office of the Prime Minister stated, in a statement received by Al-Maalooma, that “Al-Sudani received, this morning, Monday, the Regional Director for the Mashreq Countries at the World Bank, Jean-Christophe Carré, and his accompanying delegation.”

He added, “The meeting discussed various aspects of cooperation between Iraq and the World Bank, ways to support the growing indicators of the Iraqi economy, and government efforts in this framework, as well as an emphasis on cooperation in the field of banking reform adopted by the government, and areas for enhancing progress in addressing service and reform priorities.” pursued by the government programme.

He pointed out, “The meeting discussed opportunities for financial cooperation in supporting social protection programs that have witnessed a comprehensive expansion, as well as areas of supporting the transport sector in Iraq, and government plans to expand the infrastructure in it.”

Almaalomah.me

Al-Salihi: Four corruption files are being investigated in conjunction with the theft of the century

Information / Baghdad… On Monday, the representative of the Al-Fateh Alliance bloc, Rafik Al-Salihi, revealed the most important corruption files that are being investigated in conjunction with the opening of the case of the theft of the century, indicating that the investigations are being conducted in an accurate and fair manner, and close associates of former Prime Minister Mustafa Al-Kazemi have been summoned for their involvement in corruption.

Al-Salihi said, in a statement to Al-Maalouma, that “the investigations into the case of theft of the century are proceeding rapidly, and many of those involved have been revealed, the latest of which was the issuance of the investigation report and the arrest of close associates of former Prime Minister Mustafa Al-Kazemi.”

He added, “We are seriously following up on the progress of the investigations by Parliament, and we will not accept any delay, obstruction or procrastination in order to uncover the real people involved and recover the stolen funds in full.”

He added, “Parliamentary committees follow up on a daily basis large corruption files that have long been included in the committee’s inclusion in previous sessions,” revealing “the most important files, which are the state real estate file, as well as the file of theft and smuggling of Basra oil, ports and border crossings.”

And the representative of the Al-Fateh Alliance, Ali Turki, had called in a statement to / information /, the integrity to tighten control by the investigation department of the Integrity Commission.

Almaalomah.me

The Federation of Chambers of Commerce put forward a proposal to end the “dollarization” of the car market in Iraq

Information / Diyala… On Monday, the Federation of Chambers of Commerce in Diyala submitted a proposal to end what it called dollarization of the car market in Iraq.

The head of the union, Muhammad Mulla Jawad, said in an interview with Al-Maalouma, that “the dollarization of the markets for buying and selling cars in Iraq began after 2005 and became absolutely controlled after 2010, as it is a financial standard for valuing cars of all kinds around the country and the decline in the use of the dinar.”

He added, “The car market attracts 30% of the pressure on the US dollar and pushes to increase its exchange rates, which amounted to approximately 156 thousand per $ 100 today, which is much higher than what was set by the Central Bank of Iraq.”

He pointed out that he “submitted a proposal to end the file of dollarization of car markets in Iraq through 3 tracks. The first is to secure the dollar for foreign import at central bank prices and impose regulations on companies, merchants and exhibitions in adopting the dinar in internal buying and selling, in addition to converting contracts into dinars.”

And he considered that “ending the dollarization of car markets will lead to a significant reduction in the rates of demand for buying dollars and lead to a balance of supply and demand in all Iraqi markets.”

The Iraqi markets are experiencing strong pressure on the dollar, which led to an increase in exchange rates at very high rates that raised public concern due to the high basic prices.

Almaalomah.me

Exchange rate for Western Union and Money Gram transfers

The Central Bank of Iraq has decided that the main agents of international money transfer companies (Western Union, Money Gram) will commit to adopting the official exchange rate of 1320 dinars / dollars for the final beneficiary of incoming and outgoing transfers based on our instructions issued in this regard, and their requests will be accepted for the purpose of strengthening their balances with the above companies in accordance with the transfer controls external for the year 2023.

cbi.iq/news/view/2258

Al-Sudani discusses with the Arab Monetary Fund steps to join the international financial system

The Prime Minister, Mr. Muhammad Shia’a Al-Sudani, discussed with the Director General of the Arab Monetary Fund, Abdul Rahman Al-Hamidi Sunday, Iraq’s steps in joining the international financial system.

A statement by Al-Sudani’s office stated that the latter “received the Director General of the Arab Monetary Fund, Dr. Abdul Rahman Al-Hamidi.”

During the meeting, they discussed mechanisms for joint cooperation in the field of supporting financial and banking policies and building human capacities, and discussed Iraq’s steps to engage in the international financial system, and the most prominent procedures and reforms that the government is taking in the field of the banking and financial sector, in a way that contributes to enhancing economic development in Iraq.

Burathanews.com

“Ain al-Assad” with an American vision… inexhaustible oil reserves and borders full of minerals

Information / Anbar… A high-ranking official source in the Anbar local government revealed, on Monday, the secrets of the American presence at Ain Al-Asad Air Base, west of Anbar.

The source said in a statement to Al-Maalouma Agency that “America insists that its forces remain inside the Ain Al-Assad Air Base in Al-Baghdadi district in the Hit district, west of Anbar, although the areas surrounding the base building are desert areas that do not have any importance as they are far from city centers. However, the matter is not as described, but rather It differs completely on the content and planning of America for these areas, which are sites of a strategic dimension.

The source added, “The American forces took the Ain al-Assad base, not randomly, as some imagine, but rather it came with an extensive study supervised by experts specialized in various fields, and they eventually concluded that these areas fall asleep on a lake of oil and gas fields, which allows America to extend its influence over those areas in a manner.” Undeclared and the acquisition of oil, gas, minerals and other wealth does not cross the minds of many political and clan figures.

He pointed out that “the step of increasing the number of US forces at Ain Al-Assad base is not for combat reasons, as some imagine, but comes for economic motives,” stressing that “the US forces will remain at Ain Al-Assad base for a long time, and that what is rumored about the withdrawal of these forces during the coming period is due to fantasy.”

Almaalomah.me