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Iraqi News and Highlights Thursday AM 8-13-20

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Al-Haddad Calls On The Federal Government And The Kurdistan Regional Government To Return To The Dialogue Table And Resume Discussions To Resolve The Outstanding Issues Between The Two Parties In Accordance With The Constitution

08/13/2020  In light of the two statements issued by the Kurdistan Regional Government of Iraq and the Federal Ministry of Finance recently about the region’s relationship with the federal government and the constitutional obligations of the two parties, Dr. Bashir Khalil Al-Haddad, the Iraqi Deputy Speaker of Parliament called the federal government and the Kurdistan Regional Government of Iraq to speed up the return to the dialogue table and resume and complete the talks and agree in accordance with The constitutional and legal mechanisms for resolving all outstanding issues and files between the two parties, indicating that the citizen in the region is affected by the results of the delay in the talks and the failure to reach an agreement.

The vice president of the council stated in this press statement: “The federal government is obligated to secure financial dues and to secure the salaries of employees and retirees of the region, similar to the rest of the Iraqi governorates. In return, the region fulfills its constitutional obligations and reach common solutions to strengthen cooperation between Baghdad and Erbil.”

The Media Office of the Deputy Speaker of the Iraqi Parliament, Thursday, August 13, 2020    LINK

The First Challenge Is For The Economy

Thursday 13th August 2020  50  Dr.. Basem Brahimi  It has become certain that financial and administrative corruption is the first challenge facing the development of the Iraqi economy, as it has been recognized by the highest levels of government and most of the prime ministers, including the current prime minister, and the main problem in studying the subject remains the difficulty of determining the actual size of corruption, but the use of some Reports and indicators can clarify some of its aspects

The annual reports issued by the Iraqi Integrity Commission indicated that approximately (10) billion dollars were recovered during the period (2009-2019) from the value of corruption sums allocated by the commission, and on the other hand, a United Nations report on corruption indicated that there are sums estimated at ( 17) One billion dollars were stolen through oil smuggling, shell companies and unimplemented contracts.

Despite its improvement from the previous year, Iraq still ranks late in the corruption indicators issued by Transparency International, as it ranked (162) out of (180) countries in the Corruption Perceptions Index for the year 2019.  Rolling Eyes

In this regard, the annual reports of the Integrity Commission indicated that (14) judgments of conviction were issued in corruption cases against employees who are ministers or those of his rank, in addition to (124) judgments for the rank of director general and special ranks for the three years (2017-2019) only. The percentage of parliamentarians who disclosed their financial receivables has decreased to (38%, 16%, 35%) for the years mentioned above. Straight.

The aforementioned figures, in addition to the undeclared or undiscovered corruption numbers during the past years, were the reason for the Iraqi economy to reach what it has reached today, leaving behind unemployment and poverty that exceeds two-fifths of the population size and services that do not rise to half Actual need.

On the other hand, if we want to address the current crises and start the economy to the required stages of growth, then the first step must be facing financial and administrative corruption, and the best solution in dealing with it is automation on the one hand, as well as allowing the private sector to play a real role in the economy On the other hand. LINK

Ideas For Absorbing Unemployment

Thursday 13th August 2020  50  A safe haven  Among the priorities of governments are to provide education, health insurance, housing and work for their citizens. In order to be able to hold them accountable for the mistakes they may commit, and for what is specified by the applicable law.

Governments depend on the fulfillment of their duties towards their citizens on their material capabilities, the nature of society and the movement of the economy, and a certain government may face difficulties to achieve this and be delayed for several years to implement them, or the society is of medium culture and does not care about the government’s decisions, so government measures often fail.

In the new Iraq after 2003 and until now, successive governments have not made plans to achieve their priorities, and they may have set them up but have not been implemented on the ground. The government needs accurate studies about the numbers and size of the population that needs actual service – health, education, housing, practical – and this The numbers are only provided by population census operations,

which have not been implemented by Iraqi governments for many decades, so the government has estimated figures on the number of children who need health care, vaccinations, nurseries and primary schools, and the same applies to the number of college graduates for previous years, their specializations, gender and geographical distribution.

To remedy the lack of job opportunities for youth and absorb unemployment in general, the government must support the private sector – agricultural, industrial, commercial, tourism, and transport

And housing.

The private sector can absorb tens of thousands of young people when it is activated and supported by legalizing imports, granting loans and providing facilities for it in importing its raw materials and exporting its products. If we take, for example, the agricultural sector and give us a number of companies or groups of graduates of the Faculties of Agriculture and Veterinary Medicine areas of land to be exploited As a project to produce a specific crop and they were supported by fertilizers, seeds, pesticides and legalizing the import of the produced material, we then indicate the success of the project after one year, and a large number of young people will be employed in this field in addition to attracting other projects for this model, such as if it is a poultry field, calves or fish lakes, and so on. Iraq possesses fertile land, water, and what qualifies it to make the experiment successful, develop it and compete with foreign products.

This matter is also applied to the industrial sector, transportation, tourism and others, which makes the private sector in a continuous movement of work to fill the gaps in the local market of imported goods with competitive local products, and this process does not cost the government large money, it only needs a package of laws, controls and procedures to encourage and follow them To ensure its success, and this is the case in most countries of the world.

It must be noted that the housing sector is one of the important sectors that, if well managed and the necessary funds were allocated for it in building new housing units, according to the studies of the Ministry of Planning (that Iraq needs three million housing units by the end of 2022), then this sector is capable of a unit to absorb The unemployed graduates and others, because it needs an engineer, administrative, legal, carpenter, blacksmith, electrician, and farmer, and the government can allocate lands to establish housing complexes in multiple governorates and give them to solid foreign or local companies and require them to employ Iraqi workers and other ideas and plans that contribute to absorbing unemployment and lack of orientation Graduates to demand government appointments.  LINK

Dollar Exchange Rates In The Iraqi Market For Today

Pratha News Agency91 2020-08-13  The exchange rate of the dollar stabilized on the Al-Kifah Stock Exchange and local markets, Thursday (August 13, 2020).

The prices of the Kifah Stock Exchange – Baghdad recorded 123,600 dinars per 100 dollars.

Selling and buying prices in banking shops:

The sale price of the dollar = 124,000 dinars per 100 dollars.

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

http://burathanews.com/arabic/economic/374552

Oil Is Dropping After The OPEC Report And US Stockpiles Provide Support

Pratha News Agency69 2020-08-13  Crude oil prices fell, Thursday, after OPEC said it expects demand for its oil to decline more than expected, although US government data showed a decline in stocks, indicating that demand is returning despite the Coronavirus pandemic.

Brent crude fell eight cents to $ 45.35 a barrel by 07:26 GMT, after it had gained about 2% in the previous session. US West Texas Intermediate crude fell four cents to $ 42.62 a barrel, after gaining 2.6% on Wednesday.

The Organization of the Petroleum Exporting Countries said in a monthly report that global oil demand will fall by 9.06 million barrels per day this year, which is more than a decrease of 8.95 million barrels per day that the organization expected a month ago.

The US demand for fuel rose to 19.37 million barrels per day last week, the highest since March, according to data from the US Energy Information Administration, while crude production fell to 10.7 million barrels per day from 11 million barrels per day.

Crude stocks fell by 4.5 million barrels per day, and a review of the cut by the US Energy Information Administration for US oil production this year helped support prices.

It is expected that US crude production will drop 990 thousand barrels per day this year to 11.26 million barrels per day, which is more than the 600 thousand barrels per day decline the administration expected last month, which indicates that global oil demand remains in doubt.    http://burathanews.com/arabic/economic/374550

Mr. Ammar Al-Hakim: The New Social Contract Unites The Country And Protects Everyone’s Interests

Time: 08/13/2020 15:37:52  Read: 962 times  {Baghdad: Al Furat News} The head of the Iraqi coalition, Mr. Ammar Al-Hakim, affirmed that the new social contract unites the country and protects everyone’s interests.

Mr. Ammar al-Hakim said in the first session of the “Homeland Dialogue” in the presence of a number of political science professors in Iraq, held in his office in Baghdad, that “Iraq is often measured against other stable countries. We have indicated here that Iraq is only measured by itself by observing its situation and the suffering of its people from wars.” And the woes of the economic blockade and the totalitarian oppressive regimes. ”

And, “Iraq today is different from Iraq in 2003, as the region and the world differed during this period, and many changes occurred that affected and affected Iraq.”

Mr. Ammar al-Hakim referred to “the social contract, where we separated the vision in it from that it is a social contract for a new stage, but this does not mean canceling the previous stage or uprooting it from its roots.

There is an achievement that has been achieved and that the social contract for the year 2003 received popular support and regional and international attribution, and we all remember how people came out to vote.”

In a deteriorating security situation, and that he sent messages of reassurance and calmed the fears and we were able to cross the country at a very difficult stage, but the constitution at the time was written in the language of concerns about the past for some and the future for others, which ended today and priorities are different. If we do not move and face challenges, the system will collapse and we must find a new equation. Respect balances. ”

He pointed out, “the importance of the social contract despite our knowledge of the consequences of this proposition and some of it is sensitive to it, but our conviction is that the objectors or conservatives cannot stop the years of history. Iraq is facing a new stage and change is inevitably coming.”

“We in Iraq are an Iraqi nation, and the national project is a solution to our crises, and the new social contract unites the country and protects everyone’s interests,” added Mr. Ammar al-Hakim.

He stressed, “A high percentage of objections today would not have occurred had it not been for the decline in the provision of services and the provision of job opportunities, and in light of this decline, talk about corruption grows, making all proposals insufficient to persuade the street to reform the administrative and service system in the country.”

He stressed that “political forces seek power and there are those who are strengthened by the weakness of the state, so it has become necessary to separate the curricula between what is with the state or with the state, enjoying its strength that is growing at the expense of the state.”

He explained that “one of the most important solutions, as we see, is the duality of loyalty and opposition democracy, according to a comprehensive national project that brings Iraqis together from north to south and enables the winner to assume responsibilities towards the public.”

He warned, “against ignoring the indications of the region’s transformations, and some trying to move the Iraqi equation to achieve a seismic movement in some neighboring countries,” stressing the importance of everyone dealing with Iraq as a state without being classified as a specific international or regional party.

Regarding the rift between the political class and the public, the head of the Iraqi coalition said, “The 2018 elections have deepened this. We hope that the new election law will represent the solution and bridge the gap between the public and whoever represents it. The more representation expresses the will of the public, the more the audience interacts with its outputs and enables the actor to move in a high level of comfort.” Being feeling truly represented. ”

And he continued, “Iraq, first of all, we must not be ashamed of putting it forward, just as others are not ashamed of putting it up in their countries, and we seek a real pursuit of that. We have seen that one of the solutions to the administrative crisis is to activate the Federal Service Council with the importance of removing administrative positions from political competition.”

Sayyid Ammar al-Hakim said, “He is happy that God has blessed him with the ability to foresee and read things early, and Iraq must have a specific plan for the time {Iraq 2030}, and we believe that the semi-presidential system may be one of the solutions in which an effective parliament and an elected president of the people and a government based on the balance of the House of Representatives, as well as elected governors.

Directly from the people with the presence of provincial councils for oversight, but with greater powers for the governor in managing his governorate’s files. ”

He explained that “the solution is in the private sector, as only it is capable of accommodating those demanding work opportunities, and there are achievements that must be perpetuated and developed, including the presence of 16 million dunums planted this year, which has achieved semi-self-sufficiency in the field of grain, and this area is half the area ofarable land in Iraq. If we planted all of our land, we would have saved.” Part of the region’s food basket, and we added for oil exports the export of agricultural products. ”  LINK

Representative Economics: Baghdad’s Investment Licenses Are Suspicious, And Al-Kazemi Must Investigate Them

Time: 08/13/2020 14:09:22 Read: 1,690 times  (Baghdad: Al Furat News) A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily, Prime Minister Mustafa Al-Kazemi, called for the formation of an investigative committee about the Baghdad Investment Commission’s violations and granting them licenses in a suspicious way.

“We call on the prime minister to direct the formation of an investigative committee into the Baghdad Investment Commission’s violations of granting investment licenses in a suspicious manner, without taking into account the laws in force or circumventing them,” Al-Faili said in a statement.

He pointed to “one of these violations by issuing an investment license {472/2019} without the approval of the landowner – the Ministry of Finance / Real Estate Bank – and without planning approval from the Baghdad Municipality before the date of issuing the license. The license was issued in 2019 and the planning approval came a year later in 2020. It is a clear violation and raises suspicion. ”

Al-Faily pointed out to “the continuation of addressing the owner, even after the issuance of the license and on the date of 6/7/2020 to the Baghdad Municipality to stop all measures taken on the real estate bank for not completing correspondence with the State Council to express their opinion, not to mention the letter of the real estate bank to the Baghdad Investment Commission on 27/9/2018 that includes the demand to stop all investment procedures related to the real estate bank, so how can the license be granted without the approval of the owner, with all this objection from it?  LINK

Ranking Of Iraq In The Gold Reserves Of Arab Countries

Time: 08/13/2020 13:18:46 Read: 2,990 times  {Baghdad: Al Furat News} Iraq is ranked fifth among Arab countries in gold reserves.  Iraq’s reserves of the yellow metal reached 96.2 tons, according to statistics for the first quarter of 2020. LINK

In The Document … The Formation Of A Strategic Committee To Prepare The 2021-2023 Budget

Time: 08/13/2020 11:56:51 Read: 2,301 times  {Baghdad: Al Furat News} The Minister of Finance, Ali Allawi, formed a strategic committee to prepare the federal financial budget for the years 2021-2023.

According to a ministerial order obtained by the Euphrates News Agency, a copy of it, the committee will be chaired by Allawi and membership of 19 ministerial and governmental bodies, with the participation of the Kurdistan region.

The Finance Minister Ali Allawi, ruled last month the adoption of the 2020 budget and work on the preparation of the budget in 2021 , “adding that” the ministry will borrow from local banks to finance the salaries of employees and retirees.  LINK

Minister Of Electricity: What Is Spent On Electricity Production Is Normal

Energy Economy News _ Baghdad  The Minister of Electricity, Majid Hantoush, said, Thursday, that the production of electricity is very complicated, and its cost in Iraq ranges between 8 to 10 million dollars, explaining that what is spent on electricity is normal .

“Basra has its special status and we supply it with the highest load, as it is equipped with nearly 20 hours,” Hantoush said in a televised interview, seen by Al-Iktissad News.

He pointed out that “the production of electricity is very complex and its cost in Iraq ranges between 8 to 10 million dollars,” noting that “Iraq needs about one billion and 200 million dollars for maintenance, and what is spent on electricity is normal.”

Hantoush added that “the connection with the Gulf states or neighboring countries is very beneficial,” noting that “the Iranian line is used only in the summer months.”

And on electricity in the Kurdistan region, the Minister of Electricity said, “The energy supply in Erbil is worse than Baghdad now.”

Number of observations 90 Date of addendum 08/13/2020  https://economy-news.net/content.php?id=21409

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