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Iraqi News Wednesday AM 4-28-21

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Al-Baldawi: The Government Bears Responsibility For What Happens To The Citizen Because Of The Prices

Author: Ahad7 On 4/28/2021 – 5:22 PM 38   On Wednesday, the Sadikoun Parliamentary Bloc held the government responsible for the high exchange rates in the market.

“The Sadikoun bloc and the Al-Fateh Alliance hold the government responsible for the results of the exchange rate decisions and their impact on the citizen after the price hikes to unacceptable levels,” said a member of the bloc, Muhammad Al-Baldawi, in a statement followed by Al-Ahed News.

He added, “The government, after ensuring that it bears the results of the exchange rate, must take upon itself all the consequences of the results and its decisions that confused the situation and caused many crises in various aspects.”

He pointed out, “The government’s financial policy impoverished the people and worked to control their daily power without providing simple support for the poor classes of the people.”

Parliament Supports The Government’s Investment Plans

Wednesday April 28, 2021  57  Baghdad: Farah Al-Khafaf   The Parliamentary Economic Committee announced its support for the government’s direction in the investment file and its revitalization.

These developments came at a time when a real estate expert expected an urban renaissance after the decisions of Prime Minister Mustafa Al-Kazemi. The Economic and Investment Committee, headed by MP Ahmed Salim Al-Kinani, recently hosted the head of the National Investment Commission, Suha Al-Najjar. During the meeting, they reviewed the progress of work in the authority, in addition to discussing a number of important investment projects.

Al-Kinani confirmed that “the Economic and Investment Committee supports the government’s intention to withdraw investment licenses,” calling on the Investment Authority to study the files of lagging investment licenses and follow the legal contexts against violators according to the applicable investment law.

Prime Minister Mustafa Al-Kazemi had directed the cancellation of licenses for investment projects whose completion rate ranged between (0-35%) and the time period available for their implementation has expired, as the number of projects to which this applies is 1,128 projects, with full commitment to implementing the provisions of Article 28 of the Investment Law During the forwarding of warnings for unfinished projects. ”

Vacations Withdrawal

Al-Kinani said: “The committee has previously called for the Investment Authority to withdraw the investment licenses that have been lagging for a long time, and no progress has been made in its projects based on the investment law that imposed penalties and fines against violators, including the withdrawal of the investment license.” Noting that “the cancellation of the investment license is not related to the end of the period of implementing the project itself, and it has not been started. Rather, the cancellation of the license is done according to the violations stipulated in the Investment Law.”

Specified timings

Al-Kinani also indicated that “there must be specific timings that government agencies adhere to, which would facilitate the investment process, starting from granting licenses to approving designs and other operational procedures that government agencies adhere to. In return, there must be a commitment by the investor.” “In completing the project according to the specified times, and imposing legal procedures on the right of the lagging investor in the absence of a real excuse for delaying work.”

An investment renaissance

In the same context, the expert in the field of reconstruction, Saad Al-Zaidan, expected a revolution or a major investment renaissance after the government’s decisions.

Al-Zaidan told Al-Sabah: “Al-Kazemi’s directives will contribute to moving incomplete projects and will cancel more than a thousand lagging projects, which will lead to the entry of new active investors, whether local or foreign, especially with the provision of a new investment map and areas of vast lands.”

Labor market

He continued: “If the prime minister’s directives are properly invested, then we expect tens or hundreds of new projects to be announced for investment, which will result in moving the labor market and providing thousands of job opportunities.”

It is noteworthy that the President of the National Investment Commission, Suha al-Najjar, had promised in a previous statement to “Al-Sabah”, directing the Prime Minister to cancel all licenses for investment projects whose completion rate ranged between (0-35%) and the time available for their implementation had expired. Indicating that the directive will return to the state about 400 thousand dunums, with an estimated value of 90 trillion dinars.    LINK

Al-Araji and the US ambassador discuss the Al-Hol camp file and its great danger to the region

Time: 04/28/2021 15:59:53 Read: 832 times    The National Security Adviser, Mr. Qassem Al-Araji, received in his office today, Wednesday, the US ambassador in Baghdad, Mr. Matthew Tueller.

At the beginning of the meeting, the American ambassador thanked the Iraqi government for its continuous efforts in bringing points of view, resolving differences, and seeking to install the pillars of security and stability in the region.

The American ambassador emphasized that the United States of America seeks to include its relations with Iraq in all fields, especially cultural and health, as well as political relations, indicating that his country is ready to help Iraq and provide the necessary support in the crisis of the Corona pandemic.

The two sides also discussed the political and security situation at the regional and international levels, and what was agreed upon in the strategic dialogue was emphasized, in addition to the discussion of the Al-Hol border camp file and its danger to the region, as it includes large numbers of events, which may pose a great danger to the region.   LINK

His Office Reveals: Saleh Is In Erbil To Resolve The Outstanding Issues Between The Region And The Center

Time: 04/28/2021 16:54:48 Read: 338 times  The President of the Republic, Barham Salih, arrives in Erbil to discuss the political situation in the country, and the importance of strengthening cooperation between the federal government and the Kurdistan Regional Government in order to resolve outstanding issues in accordance with the constitution   LINK

Parliamentary Finance Resolves The Position Regarding Contract Employees Covered By Fixation

Political| 05:09 – 28/04/2021    BAGHDAD – Mawazine News    The Parliamentary Finance Committee decided, on Wednesday, the position regarding contract employees, who are included in the confirmation in the 2021 budget.

A member of the Parliamentary Finance Committee, Muhammad al-Shabaki, according to the official agency, said, “The House of Representatives voted within the 2021 budget on all contracts that have passed since They contracted with them for more than 5 years, to establish them by appointment to permanent staff, and the matter was included in the budget. ”

“In the beginning, electricity contracts for those who have ten years of service were included, and then it was agreed to install those who had 7 years of service, and finally it was agreed to include all employees of all ministries who have five years of fixation,” al-Shabaki added.

He pointed out that “the House of Representatives did not go to Resolution 315 and apply it alone. Rather, it made there a single rule applied to everyone, so that it includes all contract employees who have served 5 years or more with confirmation.”

Dollar exchange rates in Iraq stock exchanges

Time: 04/28/2021 09:49:24 Read: 5,720 times

{Economical: Al Furat News} The dollar price witnessed a slight increase in Iraq

Baghdad – Al-Kifah Stock Exchange   147,750

Price in exchange (approximate)   147,250   148,250

Erbil / Stock Exchange   147,950   Basra / Stock Exchange   147,950   Mosul / Bursa  147,900   LINK


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