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Planning: An Increase In The Inflation Rate During The Month Of July By (0.6%)

Economie| 01:13 – 18/08/2021   Baghdad – Mawazine News   The Ministry of Planning announced, on Wednesday, a rise in the inflation rate during the month of July by (0.6%), compared to the previous month of June, in which the rate of inflation was (0.7%).

And the spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement received by Mawazine News, that “the increase in the inflation rate during the month of July by (0.6%) is due to the increase in the prices of the housing department, by (1.5%), affected by the rise in the prices of water supplies. and electricity, as a result of the increase in subscription fees to generators in most of Iraq’s governorates.

Al-Hindawi added, “The entertainment department also recorded an increase during the month of July by (0.7%), due to the increase in the prices of tourist trips, while the transportation department recorded an increase by (0.6%), as a result of the increase in the prices of airline tickets.”

He pointed out that “the Central Bureau of Statistics, when its field teams monitored the movement of prices for more than (333) goods and services, in the local markets for the month of July, recorded an increase in the annual inflation rate compared to July of last year 2020, which amounted to (7.4%). Ended 29/A 43 https://www.mawazin.net/Details.aspx?jimare=164316

Al-Nusairi: Overcoming The Challenges Of Post-Election Economic Reform Requires A New Methodology

Money  and business  Economy News _ Baghdad  The economic and banking advisor to the Association of Iraqi Private Banks, Samir Al-Nusairi, explained, on Wednesday, that in light of the current circumstance and in the midst of the popular movement, preparing and preparing for the upcoming elections, and the economic and political crises that our beloved country is going through, it requires drawing a methodology for post-election economic reform.

Al-Nusairi said in an interview with “Economy News”, that the Iraqi economy, through study, analysis, capabilities, and available factors, can overcome imbalances, deviations, and poor performance in the economic structure and achieve balanced and diverse economic and structural reforms of the economy, with the hypothesis of overcoming objective and subjective economic conditions. The country is in a state of drawing a systematic post-election economic reform.

Waad Al-Nusairi, motivating, encouraging and supporting the private sector in accordance with the vision of the private sector development strategy (2014-2030), which is based on what is stated in Article 25 of the Constitution, which states (the development of a vibrant and prosperous national private sector that is locally initiated, regionally competitive and globally integrated with the aim of achieving economic diversification, sustainable development and creating job opportunities) with the necessary and appropriate step.

He pointed to the need to leave the rentier economy, which depends on 93% of oil revenues, and to develop other vital agricultural, industrial, and tourism sectors through restructuring state-owned industries and gradually shifting towards the private sector, encouraging partnerships with local and foreign investors, as well as reconsidering the environment. Legislation for the work of the industry and the provision of infrastructure to secure the requirements of the work environment, and the expansion of the establishment of industrial zones.

He added that the advancement of agricultural production and livestock, the provision of supplies and effective treatments for fields and farms, the maintenance of irrigation and drainage projects, support for agricultural products prepared for export, improving the quality of seeds and state guarantees of prices, as well as providing support to small and medium enterprises and granting soft loans, will ensure the availability of elements of resilience and economic advancement.

He stressed that the country’s suffering from its stifling economic and financial crises is a result of the confusion of vision and the absence of a clear methodology that is consistent with the repercussions of the economic reality of Iraq and the changes that have occurred economically at the local, regional and international levels during the past 18 years and the structural imbalance in the economy as well as the mismanagement of public money and the failure to approve public budgets for 2014. , 2020.

He pointed out that reports issued by the International Monetary Fund indicate that Iraq and some oil-producing countries will suffer from oil rents and fluctuate prices down and up, which will fail all countries’ development plans for the coming years without taking the initiative to develop their other resources and diversify sources of revenue.

And he indicated that the country has the elements of resilience and economic advancement, represented by the fact that it possesses the fourth oil reserves in the world and water resources, in addition to a workforce estimated at more than 10 million people capable of working, and experts in economics and finance who have academic and executive experiences, who can overcome the crisis and come out healthy, from By providing an appropriate work environment and securing an encouraging investment climate to attract private capital and contribute to economic development. Stimulating the productive sectors in agriculture, industry and tourism and reconsidering the structure and presentation of the public budget.

Al-Nusairi concluded his speech by referring to the inadequacy of the legislative environment for managing the economy and the laws that regulate economic work, which calls for reconsideration and making fundamental amendments to all of them in line with the new situation of managing the economy, to reduce unemployment that rose to more than 30 percent and the poverty rate that exceeded 31 percent. Two negative indicators point to the aggravation of the Iraqi economic crisis.   Views 130 Date added 08/18/2021 https://economy-news.net/content.php?id=26023

Parliament Opens Fire On Finances Due To Farmers’ Entitlements

Economy  Wednesday, August 18, 2021 | 10:03 am| Number of readings: 114

On Wednesday, the Parliamentary Committee on Agriculture, Water and Marshes accused the Ministry of Finance and other ministries of reviewing wheat revenues due to its policy and non-disbursement of farmers’ dues .

The head of the committee, Salam Al-Shammari, said in a statement, “The dues of farmers in all governorates of Iraq, including the 2014 dues, have not been paid so far, although they are included in the ruling expenses, similar to the salaries of employees .”

He added, “We are in the middle of the eighth month of this year, and only a few of their dues have been paid,” noting that “the farmers’ segment represents 60% of the people .”

Al-Shammari explained, “It was noted that there was a clear decline in the revenues of strategic crops, as we worked hard to support the local product and reach self-sufficiency with the arms of farmers, associations, parliament and the relevant sectoral ministries,” adding that “the food basket and self-sufficiency of strategic crops for the years 2019-2020 were secured .”

He pointed out that “due to the mismanagement of the Ministry of Finance and other sectoral ministries by not paying the dues, the revenues of the wheat crop and strategic crops decreased to 3 million tons, after it was more than 5 and a half million, and Iraq announced the export of more than 800 tons of barley and also announced its readiness to export the wheat crop .”

Al-Shammari added, “This year, due to the lack of government support and the policy of the Ministry of Finance, the revenues of the wheat crop fell to 3 million tons, and the Ministry of Commerce announced the import of the remaining, and this will open a door to corruption .”

Al-Shammari blamed the government, the Ministry of Finance and the relevant ministries, “the reason for what the farmer suffers from, and this is a clear targeting that cannot be tolerated, and fiscal policy must be returned in this regard.”   https://aynaliraqnews.com/index.php?aa=news&id22=150925

The Government Announces The Suspension Of Official Working Hours

Today, Tuesday, the General Secretariat of the Council of Ministers announced the suspension of official working hours next Thursday.

The General Secretariat of the Council of Ministers said in a statement that “it was decided to suspend the official working hours, on Thursday, corresponding to August 19, 2021, on the occasion of the tenth of Muharram, for the year 1443 AH, the anniversary of the martyrdom of Imam Hussein (peace be upon him).”

https://www.radionawa.com/all-detail.aspx?jimare=25619

Iraq Invites Swedish Companies To Rebuild The Infrastructure Of Its Cities

Economie| 12:14 – 18/08/2021   Baghdad – Mawazine News  Foreign Minister Fouad Hussein called, on Wednesday, for Swedish companies to contribute to the reconstruction of the infrastructure of Iraqi cities.

The Ministry of Foreign Affairs stated, in a statement that Mawazine News received a copy of it, that “Foreign Minister Fuad Hussein received a copy of the credentials of Jonas Lofven, the new Swedish ambassador to Baghdad, and they discussed bilateral relations between Baghdad and Stockholm, and ways to enhance them to achieve the interests of the two friendly peoples.”

Hussein expressed, “The Ministry of Foreign Affairs’ readiness to provide all support for the success of the diplomatic mission’s work,” offering “Iraq’s thanks and appreciation for Sweden’s supportive stances in international forums.”

He looked forward to “increasing the volume of cooperation between the two countries,” referring to “the role of the Iraqi community in Sweden in political and societal life, where the community is a high proportion of the souls of Swedish society compared to the rest of the communities.”

He called for “the signing of memoranda of understanding in various fields, and the contribution of Swedish companies to the reconstruction of the infrastructure of Iraqi cities.”

For his part, Jonas Lofven, Sweden’s new ambassador to Iraq, stressed “the depth and strength of relations between Baghdad and Stockholm,” stressing: “We will work on everything that would enhance cooperation between the two countries in various fields.” https://www.mawazin.net/Details.aspx?jimare=164307

The Private Sector And Management Interactions

Wednesday 18 August 2021  116  Baghdad: morning   After Jordanian media reported, on Tuesday, that Jordan and Iraq discussed the necessary work mechanisms for the joint economic city project after the completion of the allocation of land from both sides for the establishment of the city, the reactions came conflicting among economists, as opinions went on the extent of benefit that will be achieved for Iraq and the mechanism of work that will be achieved. regulate this economic edifice.

The specialist in industrial affairs, Abdul-Hassan Al-Shammari, stated that {the economic city should draw up work mechanisms for it through a specialized joint committee in which the private sector has an influential role, as it is required that this city not be a corridor for the passage of foreign industries to the local market, taking advantage of the facilities granted to this city. }.

Bilateral Partnerships

He pointed out that the Iraqi market should not be a single target for this city, but rather it should achieve the benefit of the Iraqi economy in the first place,” stressing that “bilateral partnerships at work are very important, and be a local partner alongside a company coming to work in this city.”

According to the Jordanian “Kingdom” TV, the two sides confirmed during a meeting held remotely via “video conference” headed by the Minister of Industry, Trade and Supply Maha Ali on the Jordanian side, and the Iraqi Minister of Industry and Minerals Manhal Aziz Al-Khabbaz and in the presence of a number of officials from the two countries and members of the Supreme Steering Committee, that {This project, which comes within the framework of bilateral cooperation projects between Jordan and Iraq, aims to enhance bilateral cooperation in various economic fields and contribute to achieving integration in a number of sectors that will return.

beneficial to both parties.

Goods supply

In his turn, the economic affairs specialist, Fawzi Muhammad Ahmed, stated that {the establishment of the economic city in cooperation with the Kingdom of Jordan is important, and it can promote industry and production within the country, and here there must be standards and an environment that encourage work and guarantee the benefit of the country and the partner who came to work in Iraq, especially The focus will be on the supply of goods to the Iraqi market, and for the most part,”

and he stressed that “we will start production inside Iraq and cover the local demand, which will benefit the national economy,” noting that there are challenges in this city, including how much it needs of skilled and unskilled human resources, and how it will be done Securing and housing these resources and ensuring their daily presence at work, as the city’s location needs a pause.”    LINK

An International Team Adopts The Eco-Park Project In The Marshes

Posted On 2021-08-18 By Sotaliraq    Nature Iraq announced yesterday the adoption of an international team supported by the local government and the Ministry of Water Resources for the eco-park project in the marshlands, and indicated that the project uses plant culture technology to treat sewage water, absorb heavy elements, and purify polluted water for reuse for agricultural purposes.

The regional director of Nature Iraq in southern Iraq and the marshlands, engineer Jassim al-Asadi, told Al-Mada that “two members of the international team concerned with establishing the ecological park in the marshes areas arrived in Dhi Qar Governorate recently and were briefed on the field of the project site in the Majjari area in the Al-Jbayish marshes.”

Noting that the work team adopting the idea of the project consists of nine specialists, experts and volunteer scientists from several countries, including Italy, America, the Netherlands, Britain and Iraq, and these form a joint group working under the umbrella of the International Institute of Plant Technologies, which is based in New Mexico, USA.

Al-Asadi explained that “the idea of an ecological garden and sewage treatment using the plant culture method, which was presented by Nature Iraq, attracted the attention of a team of scientists and specialists,” noting that “the members of the team contributed to developing visions and designs appropriate for the cultivation of natural plants that have the ability to treat sewage water through Absorption of heavy elements and solids, purification and recycling of water for the purpose of using them in the cultivation of environmentally friendly plants in the ecological garden.”

The regional director indicated that “the project will start in its initial stages in the Hungarian Marsh in the Chabayish marsh, where the site of the sewage plant was chosen to establish the aforementioned garden,” stressing “the possibility of using marsh plants such as reeds, sedge, water lentils and other local plants in heavy water purification operations to be suitable for agriculture.” .

Al-Asadi affirmed, “The completion of studies and designs for the project, and that the start of its implementation will be launched during the current month, as promised by the Ministry of Water Resources,” noting that “the completion of the works of the first phase of the project will be during the current year, and then the work of the second phase will start to include the rest of the stations in the marsh areas.” .

The source added that “the project will be circulated to all sewage stations in the marshlands, if the initial experiments are successful, to contribute to eliminating pollution in the waters of the marshes, which is affecting biodiversity, public health and water quality,” stressing that “the local government in Dhi Qar and the Ministry of Resources The water park has expressed its support for the project, and the proposed second phase of the project is to establish a marsh garden that simulates the Sumerian gardens and depends entirely on the purification of heavy water and its use for agricultural purposes.”

The Iraqi marshlands suffer from the presence of many sewage stations that receive heavy and polluted water in the marshes of Chabayish, Hamar, Medina, the central marshes and other areas of the marshes, not to mention dumping it into the Euphrates River that feeds the marsh areas, and this causes high water pollution because the mentioned stations lack the required treatment units .

The Dhi Qar Environment Directorate had previously warned against the discharge of sewage and heavy water in the marshes, and confirmed at the time that it had monitored cases of environmental pollution in the marshes caused by the dumping of wastewater from the sewage stations (Al-Ghamiha), (Al-Sajiya) and (Um Bazoun) in the Jabayish marshes. She indicated that the first station drains sewage and rainwater directly into the Chabayish marshes without treatment, while the other two stations dump sewage into the Um Al-Jozoo`, Al-Majri and Um Bzoun canals, which flow into the central marshes.

For his part, Italian expert Davidi Toggetto, one of the members of the team adopting the ecological park project, said that “the management of the ecological park project will focus on treating sewage water in Chabayish and recycling it for the ecological park and helping the local population in the environmental and health fields,” adding that “this project is important and it is the fruit of Cooperation between the international team, Nature Iraq, the Ministry of Water Resources and the local government in Dhi Qar and Jabayish.

“The environmental project is the first of this kind in Iraq, and we will complete the first phase that we have planned for many years,” David said.

In turn, the governor of Dhi Qar, Ahmed Ghani Al-Khafaji, welcomed the project and said during his meeting with a number of team members that “the governorate administration commends the initiatives of Nature Iraq, represented by its regional director, Engineer Jassim Al-Asadi, especially his continuous efforts to attract institutions, international organizations and donors for the purpose of taking care of the marshlands and protecting the Marsh environment.” “We welcome the work team and are ready to provide the required support for the success of their work programs in the province,” he added.

The areas of the marshes constitute one fifth of the area ofDhi Qar governorate, and they are distributed among ten administrative units out of the twenty that the governorate includes. percent of the total area ofthe Nasiriyah marshes, but this submerged area quickly shrinks dramatically after every water crisis that the country goes through. LINK

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