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Mr. Al-Kaabi surprisingly: Finance allocates 50 billion dinars for health after it is too late and the death of hundreds of Iraqis because of the lack of oxygen

07/01/2020  Al-Kaabi: Procrastination by the Minister of Finance and his failure to respond to the request of the Parliamentary Crisis Cell with the funding of the Ministry of Health was a direct cause of the rise in deaths across the country Suspect

Mr. Hassan Karim Al Kaabi, First Deputy Speaker of the House of Representatives, head of the Parliamentary Crisis Cell, expressed his extreme surprise at the Ministry of Finance allocating 50 billion dinars to the Ministry of Health to confront the Corona virus after “it is too late” and the death of hundreds of our dear people due to the lack of oxygen and the lack of a family and Drug supplies and medical supplies needed in country hospitals.

In a statement today, Wednesday July 1, 2020, the head of the Parliamentary Crisis Cell considered that procrastination and delay in responding to repeated requests for the Parliamentary Crisis Cell by the Minister of Finance and the advanced staff in the Ministry and the failure to finance the Ministry of Health with sufficient funds to confront the Corona epidemic and bridge the shortfall in health, pharmaceutical and medical equipment One of the direct causes of the high rate of infections and deaths with this virus was in Baghdad and the general provinces.

https://www.bondladyscorner.com/t208098-mr-al-kaabi-surprisingly-finance-allocates-50-billion-dinars-for-health-after-it-is-too-late-and-the-death-of-hundreds-of-iraqis-because-of-the-lack-of-oxygen

The Council of Ministers holds its regular session, headed by Prime Minister Mustafa Al-Kazemi

June 30-2020  The Council of Ministers held its regular session, today, Tuesday, 30 June 2020, headed by Prime Minister Mustafa Al-Kazemi, devoted to discussing a number of issues on its agenda.

At the beginning of the session, the Minister of Health and Environment presented a detailed report on the developments in the work of the Committee to Promote Governmental Action in the areas of prevention, control, health, and awareness regarding reducing the spread of Corona Virus, which was established by Diwan No. 217 of 2020.

The Council discussed the measures taken by the Ministry of Health, and the financial allocations allocated to confront the Corona pandemic, and provide all the necessary capabilities to surround the disease and reduce the incidence of injuries.

The Cabinet issued a number of decisions and recommendations:

First: The Ministry of Finance funded the Ministry of Health with an amount of fifty billion dinars from the emergency reserve for the past year due to the Corona virus pandemic, provided that the Ministry of Health disbursed it exclusively to face the pandemic.

https://www.bondladyscorner.com/t208099-the-council-of-ministers-holds-its-regular-session-headed-by-prime-minister-mustafa-al-kazemi

Deputy: Parliament gave Al-Kazemi 60 days to provide solutions to the economic crisis, and he did not provide anything until today

Praatha News Agency75 2020-07-01  Representative Hussein Al-Aqabi considered that the government headed by Al-Kazemi has no vision or seriousness in solving the current economic crisis, indicating that the parliament has not received anything in this regard.

Al-Aqabi said in a press interview that “the economic crisis in Iraq is increasing in a complex manner and there is no vision, seriousness or serious treatment by the government in solving it,” noting that “the government has not provided practical steps that are considered within the work of the executive authority to deal with this crisis.”

He added, “The House of Representatives gave the government 60 days to present its full plan in this regard, but we did not receive anything in writing and we have not seen procedures until today.”

Stressing the need for “the crisis to be resolved urgently and strategically, it should change the current government from its vision and not act in accordance with the policy of previous governments.”

https://www.bondladyscorner.com/t208100-deputy-parliament-gave-al-kazemi-60-days-to-provide-solutions-to-the-economic-crisis-and-he-did-not-provide-anything-until-today

Oil rises, Brent exceeds $ 42

Praatha News Agency 62 2020-07-01  Oil prices rose, on Wednesday, after data showed that there was a sharp drop in US oil stocks during the past week, with Brent recording more than 42 dollars.

Data from the American Petroleum Institute showed that crude oil stocks in the United States recorded a sharp decline last week, as gasoline stocks declined, while distillate inventories rose.

Crude inventories fell 8.2 million barrels in the week ending June 26 to 537 million barrels, while analysts’ expectations indicated a decrease of 710,000 barrels.

The prices of Brent mix rose at 10 am Baghdad time, one dollar, or 2.45%, to record 42.28 dollars, while US crude prices rose 1.02 dollars to 40.28 dollars.

The Petroleum Institute said that oil inventories at the delivery center in Cushing, Oklahoma, increased by 164,000 barrels.

The Institute of Petroleum data showed that last week, US imports of crude oil fell 1.2 million barrels per day.  https://www.bondladyscorner.com/t208101-oil-rises-brent-exceeds-42

Parliamentary finance determines the reasons for the delay in the release of employee salaries

Political| 12:41 – 01/07/2020  Baghdad – Mawazine News,  The Finance Committee in the House of Representatives, on Wednesday, identified the reasons for the delay in the launch of employee salaries for the month of June.

The committee member, Adnan Al-Zorfi, said, according to the official media, that “the salaries of the employees will be launched by the Ministry of Finance during the coming days after completing the transfer of procedures for transferring cash from hard currency to Iraq.”

He added that “the reason for delaying the payment of salaries is due to the procedures for the currency conversion period and not to transfer the salary payment every forty days as is rumored.”

Earlier, Prime Minister Mustafa Al-Kazemi directed the Ministry of Finance to expel the salaries of employees.

https://www.bondladyscorner.com/t208102-parliamentary-finance-determines-the-reasons-for-the-delay-in-the-release-of-employee-salaries

19 billion dinars has been allocated to him .. a project to improve Internet service in Iraq

Local| 01:36 – 01/07/2020  Baghdad – Mawazine News  , The Ministry of Communications revealed, on Wednesday, a prospective project to improve Internet service in the country.

“The ministry has a project for access gates, for which an amount of 19 billion dinars has been allocated, for the implementation of the first stage of it by one of the security agencies, and because of the routine and conditions that Iraq lived at the end of last year, it has prevented Without receiving the amount and commencing the project. ”

He stated, “The Media and Communications Commission has allocated 12.5 billion dinars to the Ministry, while the remainder of the amount will be added for the purpose of implementing the project from the General Company for Communications and Informatics from its operational budget.”

Al-Asadi pointed out that “stopping smuggling operations has nothing to do with improving the Internet service,” noting that “improving the service depends mainly on changing the work of the Internet method in Iraq from”

He went on to say that “this project will make us dispense with towers and replace them with poetic lines of light for every house.”

https://www.bondladyscorner.com/t208104-19-billion-dinars-has-been-allocated-to-him-a-project-to-improve-internet-service-in-iraq

Learn the exchange rate of the dollar against the Iraqi dinar

Economie| 10:32 – 01/07/2020  Baghdad – Mawazine News

The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Wednesday, (July 1, 2020).

The prices of the Kifah Stock Exchange – Baghdad recorded 122,550 dinars per 100 dollars.

Buying and selling prices in banking shops:

The selling price of the dollar = 123,000 dinars per 100 dollars.

The purchase price of the dollar = 122.000 dinars per 100 dollars. End

https://www.bondladyscorner.com/t208105-learn-the-exchange-rate-of-the-dollar-against-the-iraqi-dinar

Member of the Government Program Committee: Iraq needs 7.6 trillion a month to meet its needs

Economie| 09:45 – 01/07/2020  Baghdad – Mawazine News,  member of the monitoring and implementation of the government program, Vian Sabri, confirmed on Wednesday that Iraq needs 7.6 trillion a month to meet its needs.

Sabri said in a televised interview followed by Mawazine News: “We voted on the borrowing law because it is the only solution, but Iraq needs 7.6 trillion a month to meet its needs.”

She added, “The borrowing law was devoted to investment and the development of regions, and that was why it was voted on,” calling for “the necessity of approving the budget because it contains financial details.”

https://www.bondladyscorner.com/t208106-member-of-the-government-program-committee-iraq-needs-7-6-trillion-a-month-to-meet-its-needs

A parliamentary proposal to prepare a semi-annual budget

Wednesday 01 July 2020  Baghdad / Muhannad Abdul-Wahab  The Finance Committee of the House of Representatives suggested that the government prepare a semi-annual budget for the next six months remaining of this year 2020 and send it to the House of Representatives for approval, in order to conduct the state’s financial affairs, after yesterday, Tuesday 30 June, the legal period supposed to send the general budget to 2020 has expired Parliament without accomplishing this.

The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, told Al-Sabah: “The committee was waiting for the government to send the budget to the parliament yesterday, Tuesday 6/30 according to the scheduled date.” ».

He emphasized that «the government should not rely on the 12/12 monthly budget for 2019, because the disbursement and revenue process requires a legal cover represented by the budget law», explaining that «either a monthly budget is approved, or a semi-annual budget law is sent for approval in the House of Representatives ».

He added that «work without the presence of a headquarters budget law; The parliament will not be allowed to exercise its oversight role over exchange and revenue, so we are awaiting the government’s opinion, ”explaining that“ legal solutions lie in the approval law, which is not a substitute for the budget, so the committee agreed to approve the budget so that the government can provide liquidity to implement its obligations, and that what Concerning exchange and revenue, it must have legal cover. ”

Al-Saffar reiterated that “the implementation of Law 12/1 is not permissible in such circumstances, because the general situation of the country differed, and everything related to revenues, oil prices and exchange gates also changed, so without a budget approval the government is not entitled to receive any revenue, and the legal cover The only one is the Budget Law. ”

He pointed out that “the committee communicates with each other via the Internet because of the health status of the Corona pandemic and the disruption of the council,” noting that “the proposals that the government must legally put in place are for the government to send a bi-annual budget for the next six months;

Includes the operational budget only, and part of the investment approved by the House of Representatives within the borrowing law, and up to 15 percent of the amounts borrowed for ongoing projects in the 2019 budget law, and approved in the House of Representatives, with work to prepare the budget of 2021 in both its operational and investment aspects, and that is the legal solution ».

Al-Saffar stressed that “the government should focus on the operational side of the semi-annual budget, as well as focus on the investment side for 2020 relocating to the budget of 2021, and that the government start preparing the draft budget for 2021.”

https://www.bondladyscorner.com/t208107-a-parliamentary-proposal-to-prepare-a-semi-annual-budget

The White Reform Paper … a step to maximize the country’s financial resources

Wednesday 01 July 2020  Baghdad / Hussein Faleh  Economists believe that the white financial and economic reform paper that the government intends to implement will maximize the country’s financial resources and reduce unnecessary expenditures and fight corruption, in addition to that it will focus on the living economic aspects that generate additional resources for the state, as it will target the development of productive sectors and the activation of taxes and customs duties .

Member of the Committee on Economy and Investment, Nada Shaker Jawdat, told Al-Sabah: “Her committee held a meeting with Prime Minister Mustafa Al-Kazemi in the presence of Finance Minister Ali Abdul Amir Allawi to discuss the challenges of the financial and economic situation in the country, as well as the white reform paper.”

Economic aspects

She added, “The Prime Minister spoke about the reform paper, and emphasized that his government is in the process of preparing this paper, which will target vital economic aspects in order to maximize the country’s financial resources, reduce unnecessary expenditures and combat corruption in some parts of the country.”

She suggested that “the reformist white paper targets border ports, whether in the central and southern governorates or in the Kurdistan region in terms of controlling them and stopping the rampant corruption in them and forming new departments for those outlets, as well as targeting seaports and activating customs duties on goods to be a money-generating port, as well as Activating taxes on other companies and projects. ”

The oil sector

She added, “It will also focus on the telecommunications sector, which is no less important than the oil sector, since tax money can be collected by telecommunications companies, and also can benefit from Tunisia’s experience in this field, which forced telecom companies to donate billions of dollars, stressing the need to impose taxes on an auction.” Selling hard currency to the central bank. ”

She noted that “the hard currency auction needs to be reconsidered because the amount of money sold daily does not match the size of the importer, indicating that it submitted an application in official books to impose taxes on the money that goes to the imports.”

She stressed the necessity of activating the agreement concluded with the Kurdistan region to hand over the dues of the region in exchange for delivering 250 thousand barrels of oil to Baghdad, stressing that the Kurdistan region has not yet complied with the agreement concluded between the two parties while the federal government is committed to paying salaries and dues to the region.

https://www.bondladyscorner.com/t208108-the-white-reform-paper-a-step-to-maximize-the-country-s-financial-resources

The private sector is demanding to run its council

Wednesday 01 July 2020 Baghdad / Al-Sabah  Activating the role of the private sector in development did not see the light to this day despite the approval of the Council of Ministers to approve the strategy for developing the private sector prepared in cooperation with the United Nations program, as it looks to be a real hub in achieving economic development and the advancement of productive and service sectors, and that it is confronting the administration of the Development Council private sector.

Member of the Board of Directors of the Baghdad Chamber of Commerce, Muhammad Zaboon stressed that “the private sector is looking forward to taking its real role in decision-making, advancing the economic reality, defending the rights of workers in it and protecting their interests that were entrusted to the initiative to establish a private sector development board that manages implementation in accordance with private sector policies And his directions. ”

development process

He added: “The establishment of the Private Sector Development Council must take place according to contexts that serve the development process that this sector will have under the constitution.

https://www.bondladyscorner.com/t208109-the-private-sector-is-demanding-to-run-its-council

Oil announces June exports and imports

Time: 7/01/2020 11:18:45 Read: 4,095 times  {Baghdad: Al Furat News} The Ministry of Oil announced the total exports and revenues accrued for the month of June, according to the preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO).

The ministry’s spokesman, Assem Jihad, said in a statement that the Al Furat News Agency received a copy of it that “the amount of exports of crude oil reached (84) million and (490) thousand and (194) barrels, with revenues amounting to more than two billion and (861) One million and (140) thousand dollars. ”

And between, “The total quantities of exported crude oil for the month of June from the oil fields in central and southern Iraq amounted to (81) million and (7) thousand and (675) barrels, while from the Kirkuk fields through the port of Ceyhan, the quantities exported (3) million And (482) thousand and (519) barrels. ”

Jihad pointed out that “the total daily rate of exports amounted to two million (816) thousand barrels, where the daily rate of export from Basra ports was two million (700) thousand barrels, and from Ceyhan the daily average was (116) thousand barrels” indicating that the rate The price of a barrel was (33.864) dollars. ”

He pointed out that “the oil ministry and through faith in the people briefed on the export operations and revenue derived from it has taken this monthly procedure”

https://www.bondladyscorner.com/t208110-oil-announces-june-exports-and-imports

Parliamentary Communications: 100 billion dinars in debt due to phone companies

Time: 7/01/2020 {Baghdad: Al Furat News} The Communications and Media Committee in the House of Representatives revealed that the mobile phone companies have not received the sales tax amounts that were imposed on the mobile phone recharge cards since 2015 until now.

Committee member Aswan Salem Al-Kuldani said in a press statement that “sales tax – including mobile phone credit card mobilization cards – was imposed in 2015 to boost public treasury imports after global oil prices fell, and was ratified by the House of Representatives under the Federal General Budget Law.”

He pointed out, “Although these companies made the citizen bear the taxes, the government has not yet received any sums that resulted from that.”

He added that the amounts due to those companies in debt amounted to about 100 billion dinars, as well as the presence of dozens of lawsuits that have not been resolved until now because of the pressure to cover up those companies. ”

Among the Chaldean, that” mobile phone companies procrastinated too much in order to keep On its debts indefinitely, despite the passage of Iraq in more than one financial crisis, it was possible to invest the funds held by those companies to improve the country’s economic situation.

https://www.bondladyscorner.com/t208111-parliamentary-communications-100-billion-dinars-in-debt-due-to-phone-companies

Economist for / Nina:: Iraq’s returns from the dollar decreased from 6 billion to less than a billion and a half dollars

Wednesday 01, July 2020 09:25 | Economical  Baghdad / Nina / The economic expert attributed the secretary’s safety, the high dollar exchange rate against the Iraqi dinar for the citizen’s fear of the collapse of the local currency and the resort to saving the dollar, noting that Iraq’s monthly returns exceeded 6 billion dollars, and these returns are now less than a billion and a half billion dollars.

Al-Amin said in a statement to the Iraqi National News Agency ( NINA ): The Corona pandemic has adversely affected the Iraqi economy, as it mainly depends on selling crude oil to finance the budget and investment and operational activities, and when crude prices fell globally because of the pandemic, Iraq received painful blows that it was unable to finance His operating activities, such as salaries and services, did not compel Parliament to legislate the internal and external borrowing law to finance its operating budget and secure employee salaries and service expenses. ”

He pointed out, “The shortage in the foreign currency (the dollar) is caused by the decline in Iraq’s financial returns from selling oil. After Iraq’s monthly returns exceeded $ 6 billion, these returns have become less than a billion and a half billion dollars, causing citizens and companies to fear the depreciation of the value of the dinar against The dollar rushed to save the dollar instead of the dinar, which caused the dollar to rise against the dinar.

He continued: The government’s reform measures to fight corruption, return smuggled and wasted money, reduce expenditures, follow up on double salaries and maximize non-oil revenue would maintain the dinar exchange rate against the dollar. /

https://www.bondladyscorner.com/t208112-economist-for-nina-iraqs-returns-from-the-dollar-decreased-from-6-billion-to-less-than-a-billion-and-a-half-dollars

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