Al-Zaydi directs border crossings to operate on self-financing and emphasizes combating corruption.
On Friday, Prime Minister Ali Faleh al-Zaidi directed the Border Ports Authority to operate on a self-financing system through tax and customs fees, while stressing the need to combat corruption.
Al-Zaydi visited the headquarters of the Border Ports Authority in the capital, Baghdad, where he met with the directors of the border ports and their employees via video conference, praising their efforts and their role in protecting the country’s sovereignty and economy, and ensuring the safety of citizens, according to a statement received by Shafaq News Agency.
Al-Zaydi stressed that border crossings represent the face of the state and its economic, security and sovereign gateway, stressing the need to expedite the completion of the border crossing automation project and to put an end to attempts at fraud, corruption and manipulation. EconomicReform analysis
He instructed that all ports be linked to a secure electronic system, and that a comprehensive daily report be provided on the movement of work and revenues, and that leading global experiences in managing border ports be utilized.
He also called for border crossings to be self-financed, with tax and customs fees being deducted upfront and before transfers are made, as well as service fees being allocated for the purpose of rehabilitating and developing the crossings.
He stressed that combating corruption at border crossings will be a top priority, and that the next phase will witness unprecedented and decisive measures in this direction, emphasizing that smuggling drugs and medicines, circumventing the competent authorities, and other forms of smuggling, represent serious crimes that target society and kill the sons of the Iraqi people, and there will be no leniency with their perpetrators.
For his part, the head of the Border Ports Authority, Omar Adnan Al-Waili, reviewed the development road project and its importance, following the signing of an agreement to begin its implementation with the Turkish side, explaining the routes of the road on both the railway and land sides, and the possibilities of linking it through Syria and Saudi Arabia, as well as the connection stations with the Iraqi governorates.
He pointed to efforts to develop the work of border crossings, most notably activating a robust electronic transit system, linking with the ASYCUDA system, addressing unofficial crossings, controlling financial transfer operations, combating drug smuggling, reviewing customs exemptions, and combating the forgery of tax receipts.
The head of the ports authority explained the increase in customs revenues during the current year, after adopting a sound electronic mechanism to control the movement of trucks, and the rehabilitation of a number of border crossings to improve the level of their services, which enhances their ability to protect the national economy.
Shafaq.com
Two Iraqi and Saudi diplomatic sources revealed on Friday details of a meeting held the previous evening in Riyadh, which included delegations from Iraq and Saudi Arabia and representatives of the US Central Command (CENTCOM), to discuss security developments and the issue of armed factions in Iraq.
The Parliamentary Finance Committee confirmed on Friday that the Ministry of Finance has begun preparing the 2027 budget. The committee also indicated that the Grants and Borrowing Law will be presented to Parliament next week. Committee member Ikhlas al-Dulaimi stated to the official news agency that “during the committee’s visit to the Prime Minister, several issues were agreed upon, including the agreement to send the 2027 budget.” She added that “the Finance Committee has taken upon itself the task of legislating the Grants and Borrowing Law, and an agreement has been reached with the government to approve it. The first reading will take place next week.”
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Friday that the government’s economic direction focuses on transitioning from a rentier economy that relies on the distribution of oil revenues to a productive economy, by strengthening the role of the private sector, diversifying revenue sources, and financing infrastructure projects. Salih told the official news agency that “Prime Minister Ali Falih al-Zaidi’s economic vision stems from identifying two fundamental issues: first, the weak role of the private sector in productive activity, and second, the weakness of non-oil revenues in the budget due to the nature of the rentier economy.” He explained that “the goal is to move from a distributed and consumer economy to a productive and consumer economy, because sustainable consumption requires production.” EconomicReform analysis
Oil Minister Bassem Mohammed Khudair announced on Friday the opening of the central gas processing plant in the Al-Faihaa oil field. He also noted that four oil tankers are currently carrying Iraqi crude for export. He confirmed that oil exports have reached two million barrels per day since the beginning of August. Khudair stated in a joint press conference with Basra Governor Asaad Al-Eidani that “the ministry is proceeding with the implementation of service and community projects in the oil-producing areas, in coordination with the local government and the representatives of Basra Governorate,” pointing out that “the investment of oil and gas wealth is accompanied by the implementation of projects that serve the residents of the areas surrounding the fields.”
The head of the Federal Integrity Commission, Mohammed Ali Al-Lami, confirmed on Thursday that there is no safe haven for looted funds or those wanted for justice, while indicating that the hand of justice is stronger than attempts to hide and smuggle funds, and that coordination between Baghdad and Ankara is sufficient to narrow the spaces for those wanted.
The financial and economic advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, revealed on Thursday the outlines of the 2027 budget, stressing that it will be a tool for reorganizing the country’s financial and economic structure, and not just a management of revenues and expenditures. Iraqeconomy updates
The head of the “Iraq Future” Foundation for Economic Studies and Consultations, economic expert Manar Al-Obaidi, revealed today, Thursday, significant shifts and declines in the financial indicators of the Central Bank of Iraq, pointing to an increase in the bank’s net claim on the government compared to a decrease in the size of official reserves. Dailynews reports
Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi visited the Air Defense Command Operations Center late Wednesday night to monitor the readiness of Iraqi airspace protection systems, coinciding with preparations for the end of the international coalition forces’ mission and the planned withdrawal on September 30. Dailynews reports
The developments related to Iraq’s position on Lebanese Hezbollah reflect the hedging policy pursued by Ali al-Zaidi’s government, which is “unable” to completely separate itself from the factions linked to Iran, while at the same time flirting with the United States and the Gulf states, according to the British website “ Amwaj ”.