THIS REPORT WAS SENT TO THE UNITED STATES CONGRESS. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.

This report is from page 84 of the massive SIGR report (Special Inspector General for the Reconstruction of Iraq)….

(The…)

BGG ~ This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.

Dinarupdates.com

War: Today begins the power of the Speaker of Parliament to lift the immunity of deputies.

The legal expert Tariq Harb said that the third day of August begins the power of the speaker of parliament to remove the immunity from the deputy accused of his crime without the need to vote the parliament and continue this power for a month .

“Article 63 of the Constitution followed in Article 7 of the House of Representatives Law 13 of 2018 and Article 20 of the Rules of Procedure of the House of Representatives identified two ways to lift the immunity from the first deputy approval of the parliament by a majority vote at the absolute When the parliament is in a hurry. ”

He added that “the second way is the approval of the Speaker of the House of Representatives only without the need to be presented to the Council and vote as the law requires the approval of the Speaker of Parliament only if it is outside the term of the legislative term and the legislative term is four months of each year and does not include two months parliamentary holidays and four months legislative term And do not include the two months and thus be each year of eight months and four months holiday and four years.

He explained that “the legislative term ended on 7/2 and was extended for one month according to the permit of extension for only one month according to article 85 of the Constitution, so the rest of the month holiday and Jubaiha in accordance with Article 57 and Article 58 of the Constitution and where the end of the extension on 8/2, The holiday, which grants the speaker of parliament for the rest of the month, the power to lift the immunity for each deputy without the need to be presented to the parliament and vote, but this power restricted him on charges of felony only to which the law was confinement for more than five years in accordance with the provisions of Article 25 of the Penal Code No. 111 of 1969 .

And wondered the war, “Will respond to the President of the Parliament requests to lift the immunity of MPs accused of crimes of a kind of criminal according to his constitutional and legal authority.” / End1

Alahadnews.net

Political calls for international intervention to curb corruption in Iraq

The leader of the coalition of Iraqi decision Atheel Nujaifi, on Tuesday, to international intervention to reduce the phenomenon of corruption in Iraq, attributing to the involvement of regulators in this corruption.

“The situation in Iraq has reached an impasse, in terms of fighting corruption and holding corrupt officials accountable,” Nujaifi told Ashqaf. “The authorities that are pursuing the corrupt are also becoming addicted to corruption and unable to pursue the corrupt.”

And the leader of the Iraqi decision coalition that “the corrupt became stronger than the Iraqi regulatory bodies, and therefore they are not leaders to be held accountable.”

“It is very important that there be international intervention, not an American, only to change this pattern that has reached the situation of Iraq in the pursuit of corruption.”

“The Iraqi judiciary and the Iraqi regulatory bodies must be under the eyes of the world and prove its credibility to the world that it is capable of pursuing the corrupt, or there is international intervention to curb corruption in Iraq, because the corruptists have penetrated the course of events in the country,” he added.

The Integrity Commission announced in July that it had completed files of “big” corruption that prove the involvement of about five members of the House of Representatives, while demanding the lifting of immunity from them, and confirmed the referral of more than 2600 cases involving officials from the rank of Director General and above on the judiciary, More than 4,000 cases in the Commission are being investigated for this segment.

Shafaaq.com

US ambassador talking to Nass about the possibility of placing al-Maliki on the sanctions list

Nass – Baghdad: US Ambassador to Iraq Matthew Toler on Sunday commented on the US intention to include former Prime Minister Nuri al-Maliki on the list of possible future sanctions, while revealing the “justifications” of including the four previous figures.

“The US administration used the powers to impose sanctions several times before using them in Iraq,” Toller told NAS during an interview with a number of journalists at the US Embassy in central Baghdad today (August 4, 2019). “The four figures that were imposed Punish them, carried out acts that weaken the role of Iraq. ”

“We do not apologize for imposing sanctions and what we have done supports Iraq’s sovereignty, as their actions have affected the stability of the country,” Toller said.
Toller declined to comment in response to a question by Nas correspondent on the information that indicated Washington’s intention to include former Prime Minister Nuri al-Maliki on a new list of new sanctions.

A US report has talked about “suspicious relations” between Maliki and an American general about “corruption allegations”, which Maliki considered in a subsequent statement to include “Iraqi national figures on the new US sanctions list.”

“It is not possible to confirm or deny this because it is connected to the law enforcement agency,” said Toller. “Washington has no authority to carry out any activity except in coordination with the Iraqi government.”

On the other hand, the US ambassador commented on the Diwani order to organize the popular mobilization. He said that “there is a need to organize the role of popular mobilization and its relationship with the commander-in-chief of the armed forces.”
He also stressed that “the presence of armed groups are not subject to the control of the government,” adding that “the classification of the movements of Al-Nuba’a and Hezbollah on the list of terrorism was implemented after the application of the relevant principles.”

Nasnews.com

Iraq and Kuwait sign an oil agreement in the presence of a British company in Jordan

The Oil Ministry has signed a cooperation agreement with its Kuwaiti counterpart and a British consulting firm in Jordan.

“The Oil Ministry held a meeting Sunday with its Kuwaiti counterpart in Jordan to discuss the prospects for cooperation, which resulted in the signing of a contract on joint fields in cooperation with a British consulting firm,” Safia al-Suhail, the media office of Iraq’s ambassador to Jordan, said in a statement. To develop joint fields with a view to the joint use of the parties by preserving the right of both parties. ”

“The head of the legal department at the embassy, Duraid Mahmoud, attended the direction of Iraq’s ambassador to the Hashemite Kingdom of Jordan. The contract aims to develop and exploit the joint oil fields on both sides of the international border between Iraq and Kuwait.”

The delegation was headed by Abdul Mahdi Hameed Al-Ameedi, Director General of Petroleum Contracts and Licensing Department at the Iraqi Ministry of Oil, while the Kuwaiti delegation was headed by Talal Al-Sabah, Undersecretary of the Kuwaiti Ministry of Oil.

Alforatnews.com

IRAQI PARLIAMENT ASKED TO LIFT IMMUNITY OF 21 LAWMAKERS

BAGHDAD: Iraq’s top judicial authority has requested the parliament lift immunity for 21 lawmakers, including 10 wanted on charges of corruption.
Iraq’s Supreme Judicial Council said in a statement on Wednesday that it would not disclose the names of the lawmakers while the investigations are ongoing.

The unprecedented request comes two weeks after the U.S. imposed sanctions on two former provincial governors for engaging in corruption, including the misappropriation of state assets.

The U.S. Treasury Department also placed two Iraqi militia leaders under sanctions for human rights abuses. Some officials have said they expect more such sanctions on Iraqi officials in the future.

MIAMIHERALD.COM

Kurdistan 24 English

#BREAKING: The Supreme Federal Court of #Iraq ruled on Tuesday that Article 140 of the Constitution, which relates to the status of disputed territories, should remain in effect until the implementation of its provisions, according to a spokesperson. #TwitterKurds

Twitter.com

Ministry of Planning: Association of Iraqi private banks will have a big business in the reality of the country

Economy News – Baghdad: The Ministry of Planning, on Sunday, that the Association of Iraqi private banks will have a big interest in the reality of the country economically, while the President of the Association Wadih al-Hanal to support entrepreneurs and provide their needs.

The Association of Iraqi Private Banks organized a seminar at the station attended by Minister of Planning Nuri Sabah al-Dulaimi, Wadih al-Hanal, Wadih al-Hanal, and a number of entrepreneurs and leaders of the station to discuss a number of issues of interest to youth and how to support them in achieving their projects.

“The station said a distinctive Iraqi and we rejoice when we see such creative young people,” ministry spokesman Abdel-Zahra al-Hindawi said in a speech at the seminar, which was attended by “Economy News”. “Iraq is now an appropriate environment for launching such pioneering activities for young people.”

He added that “these young people must be contained, and support this category may start from this place (station),” noting that “the station and the Association of Iraqi private banks are important foundations in the private sector.”

The spokesman of the ministry, that “the Association of private banks will have a great interest in the Iraqi reality, and that through what we have seen from its community initiatives, which were represented by Baghdad and other projects that have been completed.”

“The visit of the Minister of Planning today to the station came to get acquainted with the bright side of the Iraqi scene, considering that the station station is a beautiful flower in the country,” he said, adding that “the Ministry of Planning on the order of its minister raised the bridge between the public and private sectors.”

For his part, the President of the Association of Iraqi private banks Wadih al-Hanal, after welcoming the Minister of Planning and the rest of the guests, that “the visit of the Minister of Planning for this place is very important to stimulate the creative youth energies at the station.”

Al-Hantal added that “the Association has achieved a lot of achievements and we are working on developing cadres by owning one of the largest training centers in the banking sector.” As we found the enthusiasm of young people in entrepreneurship outside the banking sector, Of the youth energies through the opening of their projects and achieve their goals. ”

He called on the Minister of Planning to “invite the Prime Minister to visit the station in order to get acquainted with the projects of youth and support them and listen to them and provide their needs.”

There were interventions in a number of issues raised by the attendees and responded to the Minister of Planning and expressed in his response the point of view of the government and its position on such projects.

Economy-news.net

CBI sets the criteria for the rejection of banknotes of the dollar and the euro

The Central Bank of Iraq on the criteria that are relied on in the rejection of banknotes of the dollar and euro in the process of counting and sorting.
The bank pointed out that the most important criteria are: –

1 – if it was cut in one corner or was oppressed or lost any part of the paper area.

2 – If it has been torn and repaired with a transparent adhesive tape from any side.

3 – If it contains a seal of large size or several small seals to affect their features.

4- If the effects of trading and use appear to be “smug” in order to affect their form or features.

5- If strange substances have been caught and have affected their features such as inks, dyes, glues, crushed, cooked, processed, fat or oils.

6 – if stored in the conditions of storage is incorrect, which leads to break or smell of mold.

The Central Bank of Iraq was established as an independent bank under its law of March 6, 2004 as an independent body responsible for maintaining price stability and implementing monetary policy. It supervises 10 commercial banks, 26 private banks and 16 Islamic banks, as well as 19 foreign banks. 6 financial institutions and 31 financial transfer companies

Alsumaria.tv

Fiscal reforms essential to rebuild Iraq and improve economic growth, IMF says

Recovering oil prices and improved security have helped Iraq strengthen its economy but it needs to implement reforms aimed at ensuring macroeconomic stability and mitigating risks from oil price volatility, according to the International Monetary Fund.

The near-term vulnerabilities in Iraq have eased with a large fiscal surplus in 2018 but post-war reconstruction and economic recovery has been slow while a fall in oil prices would pose a major risk to the outlook, the IMF said in a report on Friday.

Iraqi authorities should “seize the opportunity presented by the improved security situation and higher oil prices to implement policies and structural reforms aimed at ensuring macroeconomic and financial stability, tackling long-standing social problems and promoting sustainable and inclusive growth,” the IMF executive board concluded after a consultation with the Iraqi government.

Iraq faces “daunting” challenges after its war with ISIS: social conditions remain harsh following the conflict, with slow progress on rebuilding, weak public services and a lack of job opportunities, the IMF said. Given highly volatile oil prices, Iraq faces risk from a drop in crude prices, which would lower exports and revenues, leading to sharper declines in central bank reserves or higher public debt. In addition, geopolitical tensions and lack of progress in curbing corruption could pose further risk.

The Washington-based lender urged Iraqi authorities to adopt a fiscal policy that scales up public investment while gradually building buffers, as part of wider reforms to better manage oil revenues and protect from oil price shocks. To do this, the IMF recommended phased measures to lower current spending and boost non-oil revenue.

Tighter spending would mean containing public-sector wages and lowering subsidies to the electricity sector. A review of social spending must ensure that the country’s poorest are protected during these reforms, the fund said.

Iraqi President Barham Salih in February ratified the country’s $111.8 billion (Dh410.64bn) budget for 2019, its largest-ever with a 27 per cent increase over 2018. The bill calls for a rise in spending of $24bn and a deficit of $22.6bn during the year.

The IMF emphasised the need to strengthen public financial management to ensure government spending is monitored and to reduce vulnerabilities to corruption.

An overhaul of the banking sector is also needed to maintain financial stability, the IMF said. This can be done by restructuring state-owned banks and improving their supervision. Increasing access to funds, particularly for small-and-medium enterprises, can also help improve employment.

Building public institutions and enhancing governance is “key” for success, the fund added.

“Directors also recommended strengthening Public Investment Management framework to ensure that spending is well directed and that donor funds targeting reconstruction are put to the most efficient use,” according to the report.

To combat corruption, a “multi-pronged strategy” is required for strengthening the legal framework, developing national anti-corruption policies and fostering closer co-ordination between the involved agencies, the lender said.

“In the absence of policy changes, a widening budget deficit will divert resources away from essential investment to rebuild the country and improve public services, while eroding reserves and posing risks to medium-term sustainability,” the IMF said.

Thenational.ae