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Iraqi News Tuesday AM 10-13-20

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Parliamentary Finance Announces The Arrival Of The White Reform Paper To Parliament

Time: 10/13/2020 13:19:19 Read: 2,756 times   {Baghdad: Al Furat News} The reform paper {white paper} announced by Prime Minister Mustafa Al-Kazemi arrived in Parliament today, Tuesday.

Last June, Al-Kazemi announced that his government had prepared a reform paper that included expected financial reforms.   LINK

Parliament Decides To Resume Its Session Tomorrow, Wednesday

Pratha News Agency67 2020-10-13   The Presidency of the House of Representatives decided, on Tuesday, to resume the 11th regular session of the current legislative chapter, tomorrow, Wednesday, after it was scheduled to resume today.  The council’s media department said, in a brief statement, “The session will resume tomorrow, Wednesday, 10-14, at 12 noon.”

It is noteworthy that the Presidency of Parliament decided, on Monday, to keep the session open and resume it today, Tuesday, in light of negotiations conducted by the political blocs to reach solutions regarding the electoral districts. http://burathanews.com/arabic/news/378334

Allawi: We Are Facing Dangerous Repercussions, And The White Paper Is A Road Map … And It Is Announced That We Will Start With The Completion

Time: 10/13/2020 17:26:34 Read: 39 times

Minister of Finance: The White Paper is a reform program for the financial and economic affairs in Iraq

Minister of Finance: The main purpose of the white paper is to transfer the current economic compass axis to a better future position that keeps pace with developments in the world.

Minister of Finance: The white paper is addressed to the economic and financial side.

Minister of Finance: One of the axes Home paper white is the reform of the situation in the provinces and the Minister of Finance: face the dangerous repercussions of the white paper roadmap reformist

Finance Minister: border crossing points linked to the movement of import will not be the importance of the oil and the Minister of Finance: import Iraq estimated $ 60 billion a year ,

Finance Minister: Iraq has an international and regional commitments Related to commercial agreements

Minister of Finance: Controlling ports is important and we have started in a serious way to implement the automation system    LINK

The Reform Paper And The Transformation Of The Rentier Economy Into A Productive One

Tuesday 13 October 2020  49  Baghdad: Hussein Faleh  Specialists in economic affairs called for the necessity to present an integrated reform paper to the House of Representatives to save the Iraqi economy, which is gradually declining as a result of the increase in the financial deficit in the balance of government spending, due to the almost total dependence on oil revenues, warning of dangerous consequences that the financial crisis may leave on the future of the country, in If no radical solutions are found, to get out of the current crisis.

Economist Safwan Qusay said in a statement to Al-Sabah: “The government, through the statements of the Prime Minister and the Minister of Finance, is determined to present a reform paper that includes various sectors, especially after the country was hit by a stifling financial crisis recently, which is considered one of the most serious crises.”

Investing resources

He added, “That the Iraqi economy remains hostage to oil revenues is a grave mistake, which prompted the government to think about finding alternatives and investing resources to diversify financial revenues,” stressing the need for the economic paper to include various economic sectors to gradually transform the Iraqi economy from rentier to productive.

It should start with fighting corruption, reducing unnecessary spending for some institutions, activating the private sector completely and completely, and giving it the most prominent role in moving the wheel of the economy, as well as controlling the border outlets in terms of collecting fees and taxes, and opening the way for investment companies to work in Iraq and overcome the difficulties facing them.

He continued, that this may create a large economic resource, which makes the state not depend on oil as a main source to finance the budget, “stressing that the government may be serious in achieving reforms, but that they should be touched on the ground. He stressed” the importance of developing economic plans and visions that would guarantee them. ” By activating the economic sectors and supporting the private sector. ”

Maximize resources

For his part, a member of the Finance Committee, MP Abd Al-Hadi Al-Saadawi, stressed the need for the government to present a comprehensive reform paper to advance the Iraqi economy and maximize resources. Al-Saadawi said in a statement to Al-Sabah: “The Finance Committee hosted Finance Minister Ali Allawi and inquired about the reasons for not presenting The reform paper goes to parliament, “pointing out that” the minister promised to present a reform draft to Parliament in mid-October Present”.

He added, “The paper will be a road map for the Iraqi economy in order to maximize resources, expressing his hope that the reform paper will witness practical steps to advance and develop the economy and find alternatives to oil as a source of state revenue.”

He pointed out that “the House of Representatives obligated the government not to resort to borrowing without submitting a comprehensive reform paper, but it has not yet been submitted to the House of Representatives.”

He continued, “When presented to the House of Representatives, it will be discussed, studied, and its objectives are known, and will it achieve its results according to the current data or not?”  LINK

Al-Haddad Chairs The Meeting Of The Committee To Monitor Government Program Implementation And Strategic Planning

10/13/2020  Today, Tuesday, 10/13/2020, the Deputy Speaker of the Iraqi Parliament, Dr. Bashir Khalil Al-Haddad chaired the meeting of the Committee to Monitor the Implementation of the Governmental Program and the Parliamentary Strategic Planning in the presence of Deputy Hazem Al-Khalidi, Chairman of the Committee, and the ladies and representatives of the Committee members.

The Ministry, and a number of topics and files related to the ration card and trade agreements between Iraq and neighboring countries and the world were discussed, as well as the implications of the economic crisis due to the Coronavirus pandemic and facing challenges in the next stage.

Al-Haddad indicated in his speech that the House of Representatives is closely following up with all ministries and through the Committee to Monitor the Implementation of the Governmental Program and Strategic Planning, Mechanisms for Implementing the Government Program and the Necessary Reforms in State Institutions and Strengthening the Role of Service Ministries, especially the Ministry of Trade which has major tasks to support the economy and must provide the ration card items for citizens And activate the supervisory apparatus in the ministry, draw up the general internal and external trade policies of the country, and secure the strategic storage of products, foodstuffs and basic commodities for citizens in all governorates.

For his part, the Minister of Commerce reviewed the ministry’s efforts in the current period and the continuation of work in line with the government curriculum and the requirements of the stage to face the economic and health challenges due to the Corona pandemic.

The Media Office of the Deputy Speaker of Parliament, Tuesday, October 13, 2020  LINK

The Strategic Planning Committee Hosts The Minister Of Commerce And His Accompanying Delegation

10/13/2020  On Tuesday 10/13/2020, the Committee for Monitoring the Implementation of the Governmental Program and Strategic Planning hosted the Minister of Commerce Dr. Alaa Al-Jubouri and the advanced cadre consisting of the general directors of the ministry, in the presence of the Deputy Speaker of Parliament Dr. Bashir Haddad, headed by Deputy Hazem Al-Khalidi, Chairman of the Committee, and in the presence of the ladies and gentlemen members.

And after welcoming the presence of the minister and his accompanying delegation by the Vice President of the Council, Dr. Al-Haddad The meeting touched on many issues and files related to the ration card and trade agreements between Iraq and the neighboring countries and the world, as well as the repercussions of the economic crisis due to the Corona virus pandemic and facing challenges in the next phase,

indicating that the House of Representatives is following up carefully with all ministries and through the Committee to Monitor the Implementation of the Government Program Strategic planning is the mechanisms of implementing the government program and the necessary reforms in state institutions and strengthening the role of service ministries, especially the Ministry of Trade, which has great tasks to support the economy,

and it must provide the ration card items for citizens, activate the supervisory apparatus in the ministry, draw up the general internal and external trade policies of the country, and secure strategic storage of products, foodstuffs and basic commodities For citizens in all governorates.

For his part, Deputy Khaldi, head of the committee, affirmed the ministry’s support in implementing its government program, which in turn works to provide all the necessary food supplies that the Iraqi citizen needs, which are the backbone of life for him, pointing to the provision of the ration card items periodically and throughout the year for all people with high quality.

On the other hand, many questions and inquiries were raised by the attending representatives, which were answered by the minister and his accompanying delegation, explaining all the problems and obstacles facing the work of the ministry, which in turn affect the economic sector of the country.

The minister also reviewed the ministry’s efforts in the current period and the continuation of work in line with the government’s curriculum and the requirements of the phase to face the economic and health challenges due to the Corona pandemic, promising the attendees to send all reports with details about all the completed projects that are under implementation and included in the government program and the strategic plan of the ministry as well as Projects to be implemented in the future, according to the agreed timelines.

In conclusion, the committee called for continuing to hold such meetings to advance the reality of the ministry and to continue to follow up the government program and the mechanism for its implementation by it.

Media  Department House of Representatives  13-October-2020   LINK

The “National Oil” Law Knocks On The Door Of Parliament

Tuesday 13 October 2020   214  Baghdad: Hoda Al-Azzawi   After the appeals submitted by the Federal Court, the Central Bank and oil experts, Law No. (4) of 2018 regarding the establishment of the “Iraqi National Oil Company”, which was voted on by the House of Representatives in its previous session, here is the draft law that returns to the Council again after making amendments to it from Before the Council of Ministers, to vote on it again after reading it by the Parliamentary Oil and Energy Committee.

The draft law of the National Oil Company, “the amended version,” arrived in the House of Representatives last week, after the Parliamentary Oil Committee demanded to send it more than four times during the time of the government of Adel Abdul Mahdi and during the current government of Mustafa Al-Kazemi.

An exclusive interview with Al-Sabah: “This law was approved from the previous session, but some of its provisions were objected to by the Federal Court, so its implementation was suspended, and some of the items that were objected have now been amended, and the law is currently in the Parliamentary Oil and Energy Committee from He postponed the debate and presented it to the House of Representatives for a vote.

Al-Halbousi stressed that “this law is one of the important laws, so we are going to see that (the Iraqi National Oil Company) be a global company like (Aramco) and major international companies,” noting that “this company (if its law is approved), some extractive companies will join it,” It is about nine companies, separated from the Ministry of (Oil) in its management, and its management is independent from the Ministry, and the companies are North Oil, Basra Oil, Central Oil and some other extractive companies, and the general manager responsible for them is at the rank of a minister, and there is an executive director in addition to two deputies and a commission Administrative, so we aspire to this company as the backbone of oil imports in Iraq. ”

It seems that the great controversy caused by the law when it appeared and voted on in Parliament in an “unprecedented speed” in 2018, will return again when it is presented to the vote again.   LINK

A Proposal To Establish An Oil Management Company In Kurdistan

Tuesday 13 October 2020  105  Baghdad: Saad Al-Sammak  The Minister of Oil, Ihssan Abdul-Jabbar, described the nature and direction of the negotiator in the Kurdistan Regional Government in the spirit (positive) that is in harmony with the directions of the central government, to reach a formula for constitutional solutions to the disputes regarding the production and export of crude oil in Kurdistan.

Abdul-Jabbar announced a proposal to establish an oil company in The Kurdistan region to manage the extraction and export operations in the fields of the region, technically and administratively linked to the presidency of the region and the Federal Ministry of Oil, according to the draft final agreement between the federal government and the region, similar to the oil companies operating in the producing governorates.

The minister revealed positive understandings between the central government and the Kurdistan region regarding the production and export of oil The product in the fields of the region is part of the ongoing negotiations between the two parties, related to the oil policy in the region in accordance with the constitution in force and the interests of all the Iraqi people.

“We believe that the region – according to the data on reality – has positive moves to resolve points of disagreement and conflict over the nature of the management points of the oil fields in the region, and the quantities of crude oil exported to global markets,” indicating the emergence of positive indications that were revealed during the talks with Kurdistan, which confirmed the existence of new insights and ideas. For the region to manage the oil fields with the federal government.    LINK

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