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Iraqi News Friday AM 8-5-22

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Economist: Increasing Oil Production Will Add $300 Million To Iraq Per Month

 

Economic    Last Update 08/04/2022 | 9:02 AM   The Information/Baghdad…The economic affairs specialist, Muhammad Attia Al-Saadi, confirmed that the increase in oil production for the OPEC countries by 100,000 barrels per day will provide Iraq with amounts that may exceed 300 million dollars per month and about 4 billion dollars annually.

 

Al-Saadi told Al-Maalouma, “Iraq may achieve additional financial oil revenues estimated at three hundred million dollars per month as a result of OPEC’s decision to increase production by one hundred thousand barrels per day, starting from next September.”

 

He added that “the value of the additional financial revenues will achieve annually about four billion dollars in the event that oil prices continue within the limits of 100 dollars per barrel.”

 

And he indicated that “the increase in production and prices has brought Iraq huge financial revenues, which are the highest in the history of Iraq,” calling for

 

“investing them in economic development projects away from wasting them in random operational plans and appointments that increase the slack of the government sector.”

 

He pointed out the importance of “setting well-studied plans in the next financial budget to invest that financial surplus in activating the private sector, completing lagging projects, diversifying financial revenues and increasing the cash reserve.”  LINK

“Shadow Culture In Iraq”… Some Of The Meaning Of Al-Maliki’s Leaked Recordings

 

Reports & Analytics    breaking    Nouri al-Maliki    Al-Maliki leaks

 

2022-08-04 13:04 Shafaq News/ The American “Washington Institute” considered in a report written by Sardar Aziz, the adviser to the Parliament of the Kurdistan Region, that the audio leaks of former Prime Minister Nuri al-Maliki highlight the inherent fragility of Iraqi politicians, and provide an insight into the existing policies in Iraq.

 

The report of the American Institute, translated by Shafak News Agency, explained that  the leaked audio recordings of Al-Maliki, which he denies, reveal the hidden secret private conversations taking place among the ruling elite in the country, adding that these leaks are the tip of the iceberg of what is going on in Iraqi politics, and they reflect what is going on in the shadow phenomenon.

 

He pointed out that these leaks have several aspects, including competition between Shiites, politics influenced by personality, association with other countries (Iran), coup plans, and others.

 

However, the report considered that the conditions and framework of the audio recordings also reflect the challenges facing politics in Iraq, adding that in order to understand the mentality of the ruling elite in Iraq and its inner world, it is necessary to focus on these conversations and meetings, noting that their content reflects in several ways the spirituality of the political circle Internal is better than public discourse.

 

The report pointed out that the style of the meeting mentioned in the leaks is described as “ka’da” in the Iraqi colloquial dialect, which means an informal and semi-private meeting, explaining that

 

these are common meetings in Iraqi society, especially among politicians, in addition to that they differ from the policy circulated in the public sphere. in many ways.

 

The report added that the exclusive meetings of Iraqi politicians are not private meetings in themselves, adding that although they may take place in a private place, such as the home of one of the participants,

 

it is possible that among the invitees are individuals from outside the family such as bodyguards, close members of the party or supporters Faction, supporters and others.

 

He added, “Therefore, these meetings are not private, but they are not completely public. Rather, they can be described as mixed spaces for political performance in which politicians and those close to them gather to practice the art of saying and doing (power).”

 

The report added that the purpose and format of these meetings may range from planning (or conspiracy) in the field of politics, work and entertainment,

 

but their main feature remains the same, that is, the main objective of the meeting is to satisfy the ego of the person whose focus is (usually a man), as the

 

The way those present address and talk to him, wrapped in admiration and praise, increase the importance of this character and reflect his desire to be treated in this way.

 

He continued, “This manufactured social bubble also protects political leaders from accountability and criticism, by making them appear as rulers and not as public sector employees.”

 

The report pointed out that within this manufactured environment, the discussions taking place differ from the formal and studied political discourse, and the isolationist and restrictive nature of the (empty) political discourse that is intended for public consumption remains one of the reasons for the frankness that dominates the conversations of small councils.

 

“No political figure can speak frankly with the people, but the discontent of the majority of the people with politicians, especially during the past decade, has made it very difficult for them to enjoy participating in any public activity,” he added.

 

As for the relationships between the participants in the “Al-Ka’dah”, it reflects “dynamic networks of people connected to each other through mutual dependencies in time and space.”

 

The report stated that these political figures are part of the consolidation of the tradition of power in the region, adding that most Iraqi political figures do not have the experience, knowledge or political confidence, noting that within the Iraqi political scene, the phrase “coincidence politicians” may reflect the prevailing reality in the best way.

 

The report recalled what Zalmay Khalilzad, the former US ambassador to Iraq, said when he said, “Nuri al-Maliki was not known in the Iraqi political arena until, one morning, Jeff Beals came into his office with a set of resumes and asked him: What do you think of Nuri al-Maliki?”

 

He added that after that, they arranged a meeting in the House of Representatives, in order for al-Maliki to take power.

 

That is why the report considers that al-Maliki was not a well-known or influential figure in any way, but it became a possible option when Iran and the United States were looking for a middle figure, a game that often had counterproductive results.

 

In a parallel context, the report considered that the nature of these meetings and talks sheds light on the inherent fragility of Iraqi politicians, which prompts them to seek to consolidate their power by suppressing any criticism or adverse opinions, and erecting barriers between them and the people, as their world is characterized by infighting; As happens between al-Maliki and Muqtada al-Sadr, adding that in this world, conspiracy theories turn into justifications for established global visions, and the characteristics of political discourse are summarized in fragility, interaction and narcissism.

 

The recordings also show, according to the report, that maintaining a department capable of helping meet these needs is based on the flow of money and its collective distribution, which can be monitored in al-Maliki’s conversations in the leaked recordings, as the guests request financial support for the formation of armed groups in each of Iraq’s governorates.

 

These recordings and confessions also reveal the unwillingness of the current elites to cede power to others, as their craving for power is the main reason for their dependence on kinship ties and networks of relatives and clans, which are gathered by the favoritism resulting from the consolidation of power. .

 

The report explained that al-Maliki’s famous saying “we will not give up power” sums up this idea, as during a limited gathering in 2013, one of the people shouted to al-Maliki and said, “We will not give up power to them.”

 

Now al-Maliki came to make his famous statement saying, “Is there anyone who can He takes it (power) from us until we give it to him?”, noting that it is a feeling that has been reduced and revived in the collective political consciousness of Iraqis.

 

The report concluded by saying that within the framework of the general scene, the leaked recordings can explain the dominance of dynastic politics over the main government institutions in Iraq.

 

He continued, “It is important for Iraqis and external observers alike to understand the nature of these circles and their influence on political decisions, since this influence must be dissipated to reform politics in Iraq.”

 

He concluded by saying that these meetings are considered evidence that culture and traditions may remain an obstacle to modernity in all its forms. LINK

 

Planning: A Tendency To Develop The Sources Of The Iraqi Economy According To Three Determinants

 

Economie Yesterday, 20:28 Baghdad – INA – Abdul Amir responded, today, Thursday, the Ministry of Planning revealed a move to prepare a five-year development plan for the development of the Iraqi economy, while indicating that there is a trend towards developing the country’s economic resources according to three determinants.

 

The ministry’s spokesman, Abdul-Zahra Al-Hindawi, told the Iraqi News Agency (INA), that “the ministry is preparing to prepare new five-year development plans for the next five years,” noting that “this plan will take into account all the challenges and changes and what is related to the economy, energy and food.”

 

Al-Hindawi added, “The trend now is towards developing the sources of the economy and activating the agricultural sector according to modern methods in agriculture and rationing water use with regard to agriculture in particular, to ensure the sustainability of water sources in a way that secures the country’s need for human and agricultural consumption,” stressing that “we are heading towards achieving food security.” and self-sufficiency in Iraqi agriculture.

 

He explained, “The Corona pandemic affected the country’s economy negatively, and caused a state of economic downturn in Iraq and the world, which disrupted the state of economic growth planned within the development plans.”

 

He stressed, “The failure to achieve growth will pave the way for a state of decline in the rates of economic reality, which will directly affect the livelihood of the individual, in addition to the fact that

 

the decline in oil prices during the past two years 2020 and 2021 greatly affected Iraq, whose economy depends mainly on oil, which was negatively reflected.” on projects, and the impact on job opportunities and others, all of which are factors that affected the living life of the Iraqi individual.”

 

He stated, “The Iraqi economy is part of the global economic system, and is affected by conditions, including the rise in food prices in the global market, as well as energy prices, in addition to water scarcity, which is a global crisis.”

 

He pointed out that “many countries in the world witnessed an increase in annual inflation rates, such as America, European countries, Turkey, Iran, the Gulf states and some African countries.”   https://www.ina.iq/162519–.html

 

A Statement From “Oil” On The Five-Year Plan For Production And Export

 

04/08/2022    51   Earth News/ The Executive Director of the National Oil Company confirmed, on Thursday, moving forward with the implementation of plans to maintain and increase production and export for the next five years.

 

The First Vice President and Executive Director of the National Oil Company, Hamid Younis, said during the meeting he chaired for officials of extractive companies to discuss and follow-up plans to implement projects to maintain and increase oil production and export, that

 

“the ministry and the company are continuing to implement the program prepared for this purpose, in cooperation with international contracting companies.”

 

Yunus indicated that “Iraq has promising production capabilities that qualify it to be one of the most important producers during the next few years, and that the conditions that Iraq witnessed in 2014, the global economic crisis and the drop in oil prices have disrupted plans to increase national production.”

 

He stressed, “the importance of financial support and funding to reach the planned goals according to accurate calculations, and production rates of 5-8 million barrels per day can be reached during the coming years,

 

taking into account the variables, requirements and needs of the global oil markets, and that

 

the plans for project implementation include intensifying drilling and exploration operations, and developing structures. Infrastructure, construction of pumping and processing stations, pipelines, gas investment, development of export outlet platforms, and others.

 

For his part, the Director-General of the Oil Exploration Company, Ali Jassim, said that “the next stage will witness a remarkable activity for the exploration sector, as these plans rely a lot on sustaining and increasing production of oil and gas, and that the company is intensifying its efforts in this field through the efforts of research centers, interpretations and studies, and in the field the efforts of seismic teams,

 

especially the efforts of seismic teams, especially In the Western Desert and Nineveh Governorate, to transform the energies and expectations that lie underground into actual production that contributes to the realization of our promising plans.” LINK

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