Central Bank: Approval of the registration of companies on the establishment of the Iraqi Deposit Guarantee Company

The Central Bank of Iraq announced on Wednesday the approval of the registration of companies on the establishment of the Iraqi Company to secure deposits.

The bank said in a statement that “based on the bank’s obligations stipulated in its law and with the aim of ensuring the stability of the banking sector and increasing confidence in it, we announce the approval of the company registration department in the Ministry of Commerce to establish the Iraqi Deposit Insurance Company / joint contribution based on the provisions of Article 19 of the Companies Law No. 21 Of 1997 amended “.

“The Iraqi Deposit Insurance Company was established with the contribution of 42 banks, including 6 government banks, 21 private Iraqi banks, 15 Arab and foreign banks, as well as the National Insurance Company and the General Retirement Authority / State Pension Fund,” noting that “the company’s capital is 100 Billion dinars. ”

Deposit insurance companies have been found to support efforts to stabilize the financial and banking system.

Burathanews.com

Detect the number of wanted persons who are outside Iraq

Al Ahd News – Follow-up: A security source revealed on Monday the number of wanted men outside Iraq, indicating that their names are circulated through the red leaflet by Interpol.

“There are more than 600 wanted men who are now outside Iraq on different criminal charges,” the source said in an interview.

He added that “including politicians accused of embezzlement of public money,” noting that “their names are circulated through the red bulletin by Interpol.”

On 10 June 2019, INTERPOL Director General Sadiq Faraj Abdulrahman revealed that 653 international red notices were issued against Iraqis wanted for Baghdad.

Alahadnews.net

Abd al-Mahdi introduces new education ministry candidate: MP

Prime Minister Adil Abd al-Mahdi has introduced a new candidate for the Ministry of Education to the presidency of parliament, MP Karim al-Elewi said, adding that the new candidate is a university professor from Mosul.

Abd al-Mahdi and Parliament Speaker Mohamed al-Halbousi have made a political deal to complete the government formation within this week, Elewi added.

Abd al-Mahdi already sent the biography of the new education ministry candidate to the presidency of parliament on Saturday evening, Elewi explained.

The Iraqi Parliament earlier in June finally elected three candidates to key ministerial posts in the government of Abd al-Mahdi.

The parliament elected Najah Hassan al-Shamari as Minister of Defense, Yassin al-Yasiri for the Minister of Interior, and Farouq Amin Shwani as the Minister of Justice.

However, the parliament failed to pass the education ministry candidates – most recently Zahida Abdullah.

Thebaghdadpost.com

Central Bank invites banks and electronic payment companies to deploy ATM and POS POS

The Central Bank of Iraq invites banks and electronic payment companies operating in Iraq to develop plans and strategies for the dissemination of collection tools from ATMs and POS points in proportion to the number of electronic payment cards, in order to shift towards electronic payment and facilitate this service to the beneficiaries.

This bank confirms that there is no objection to the continuation of banks and payment companies to work through the agents / cash withdrawal outlets until the availability of adequate dissemination of collection tools.

Central Bank of Iraq

Economist: In 30 years will be the cash currency paper

A member of the Board of Directors of the Iraqi Economic Council Baqir Mashat, on Tuesday, that the government’s payment of salaries of employees through resettlement is a good step to break the deadlock of Iraq’s banking.

“The decision of the Iraqi government to pay the salaries of employees through government and commercial banks is an important step in its way to break the deadlock of the Iraqi citizen in dealing with local and international banks,” he said in a press release.

He pointed out that “the step of Emiratisation will contribute to enhancing the confidence of citizens in the banking sector in order to reduce the dependence on banknotes, which are about 1500 years old.” (I think they meant “15 years old”.)

Alsumaria.tv

Deputy: The failure of a political meeting of the political blocs on the distribution of special grades

Baghdad / Network News of Iraq – The MP for the wisdom of Ali al-Badiri, on Tuesday, the failure of a meeting of political blocs held yesterday evening to reach an agreement on the special grades and the mechanism of distribution. He said Badiri in a press statement, “The political blocs held a meeting yesterday To reach a specific agreement on the special grades and the mechanism of distribution, “stressing that” the meeting to any agreement on that. “He added that” the special grades proved conclusive evidence that they are subject to political quotas, “asserting that” the majority of political blocs did not reach on the resolution of special grades so far “He said.

Iraqakhbar.com

Iraq PM curbs powers of Iran-backed armed groups

Iraqi Prime Minister Adil Abdul Mahdi issued on Monday a decree heavily curbing the powers of mostly Iran-backed Shiite armed groups and forcing them to further integrate into the country’s formal armed forces.

The groups have a lot of influence in Iraqi politics.

Abdul Mahdi’s decree integrates paramilitary units into the military and forces groups to pick between political or military activity. Groups have until July 31 to abide by the new regulations, the decree said.

Following the announcement, the influential Shiite cleric Muqtada Al-Sadr announced on Monday the dissolution of his armed wing — Saraya Al-Salam — and ordered the closure of its headquarters, cancellation of its names and its re-association with the Iraqi official security establishment.

What was issued by the prime minister relating the Shia militias is an important decision and a correct step towards building a strong state, Al-Sadr said in a statement.

“What I care about is that Saraya Al-Salam — which I established — would be the first one to apply this decision, hence, I announce that I completely disassociate myself from it,” he added.

Thebaghdadpost.com

Budget amendment will include taking a pledge from Abdul Mahdi

Information / Baghdad … The deputy MP for the alliance of Abbas Abbas Aliawi, Monday, pass the amendment of the budget law and special special grades to end during tomorrow’s session, noting that the amendment of the budget includes taking a pledge from Prime Minister Adel Abdul Mahdi to resolve the positions of proxy by the date.

“The House of Representatives is determined to pass the amendment of the budget law during tomorrow’s meeting after the agreement of the political blocs to give the government the required period.”

He added that “granting the government a new opportunity to end the file of the degrees of the Agency will be the last and does not include any amendment to the future,” noting that “failure to resolve private positions by Prime Minister Adel Abdul Mahdi, a negative point against his government.”

“The amendment of the budget law and the grades will include the taking of a pledge by the Prime Minister to resolve the file within the deadline of October 1.” Ending / 25 d

Almaalomah.com

Saadawi to the “Covenant”: four months is not enough to resolve the positions of special grades

Al Ahd News – Special: MP for the coalition of construction Abdul Hadi al-Saadawi that the extension of the deadline for the resolution of special grades by the three presidencies does not violate the Constitution.

Saadawi said in an interview with “Covenant” that the four-month period is not enough to resolve the positions of special grades.

“The presidency of the parliament ordered the extension of the legislative term to complete voting on important laws.”

Alahadnews.net

Member of the House of Representatives Abdullah al-Kharbit for (Tigris): The government failed to resolve the file of special grades

A member of the House of Representatives Abdullah Kharbit, on Sunday, that the government failed to resolve the file of special grades.

Kharbit told (Tigris) that the parliament will grant the government to extend the legal period forced to fear the state freeze and the silence of the latter, indicating that the delay comes to the inefficiency of the government in the performance of its role.

He pointed out that the Integrity Commission is a network to protect the corrupt to ensure that they do not fall into the hands of the judiciary.

Dijlah.tv