Iraqi News Friday Evening 8-26-22
Tlm724 Administrator Bondlady’s Corner
Al-Sadr Announces His Readiness To Sign An Agreement: No Participation For All Political Blocs In The Elections
Political | 03:52 – 27/08/2022 Baghdad – Mawazine News, the head of the Sadrist movement, Muqtada al-Sadr, called for the signing of an agreement to resolve the political crisis, ensuring that all political blocs, including the movement, would not participate. Salih Muhammad al-Iraqi, nicknamed the Minister of al-Sadr, quoted the latter as saying: “
In the name of God, there is something more important than dissolving parliament and holding early elections. The most important thing is: the non-participation of all the parties and personalities that participated in the political process since the American occupation in 2003 to this day… in all its details. Leaders, ministers, officials, and special ranks affiliated with the parties, absolutely..including the Sadrist movement..I say this with full mouth.
This is in exchange for all the initiatives that some, including the United Nations , are seeking.Thank you. I am ready and within a maximum period of 72 hours to sign an agreement That includes it now.
It is not to be said that this is achieved after the upcoming elections, nor is it to be achieved in a bloody manner.
If this is not achieved, then there is no room for reform.. Therefore, there is no need for me to interfere with what is happening in the future, not by tweeting or by anything else.
On his authority, Saleh Muhammad al-Iraqi. LINK
The President of the Republic: The political movement and its multiple paths should not turn into a dispute
Today, Saturday, the President of the Republic, Dr. Barham Salih, affirmed that the country is going through a delicate and sensitive circumstance and serious challenges.
Saleh said, during the Islamic Conference to Resist Violence against Women: “The country is going through a delicate and sensitive circumstance and grave challenges,” stressing that “the current political stumbling is unacceptable.”
He added: “The option of dialogue must be won, regardless of the degree of crisis and disagreement,” warning that “the political movement and its multiplicity of paths must not turn into a dispute that threatens the integrity of the national project in building the state and completing its institutions.”
He continued, “It is necessary to reform and address the existing deficiencies in order to reach radical solutions that would enable the Iraqis to build a real state that protects and serves the interests of all Iraqis.”
He stressed “the necessity of victory for the dialogue option, whatever the degree of crisis and disagreement, instead of escalation, clashing and strife – God forbid – since everyone is a loser in it.”
He added, “We have a lot to do, and at the forefront is the fight against corruption, the establishment of justice, equality and equal opportunities, and the reform of institutions in order to immunize our country and our people from the dangers around us in the world from terrorism, corruption and severe economic fluctuations.” LINK
Al-Kazemi And Al-Halbousi Invite To Sit At The National Dialogue Table
Today, Saturday, Prime Minister Mustafa Al-Kazemi confirmed that the key to the solution is to all sit at the national dialogue table, noting that the national dialogue initiative is the right way to solve the crisis.
“Today, we are going through a political crisis that threatens the security achievement,” Al-Kazemi said during the Islamic Conference to Combat Violence against Women, stressing that “everyone bears the responsibility to find solutions to the crisis.”
He added that “the political crises in Iraq are unreasonable to remain without solutions,” calling on everyone to “make concessions.”
He stressed that “the key to the solution is to all sit at the national dialogue table.”
He continued, “Trust must be restored between the brothers and the deep bonds that unite us,” stressing that “the national dialogue initiative is the right way to resolve the crisis.”
He continued: “Today, the country still has a great opportunity to achieve economic booms,” adding: “We have overcome an economic crisis and provided salaries to employees.”
Parliament Speaker Muhammad al-Halbousi also stressed the need to sit at the dialogue table and proceed with early elections.
“I call on the political forces to sit down for a dialogue table that will find solutions to the political crisis,” Al-Halbousi said during the Islamic Conference to Combat Violence against Women, reiterating his “support for the national dialogue initiative.”
He added, “The country’s situation cannot continue in this situation, and what we have reached today represents a regression from what we were on,” noting that “the end of this year the government cannot spend any money without a budget.” LINK https://www.radionawa.com/all-detail.aspx?jimare=30893
Economist: Parliament Should Launch Investment Financing With A Vote To Dissolve It
Posted On2022-08-27 By Sotaliraq Economic expert Safwan Qusay confirmed, on Friday, that the political crisis has greatly affected the economic situation in Iraq, especially after disrupting the passage of the general budget for 2022, which led to the suspension of financing investment projects despite Iraq’s urgent need for it.
Qusay explained: “The continuation of the political conflict, the dissolution of the House of Representatives, and going to new elections means that we will go to 2023 without an investment budget, and when projects are left for a long time, the implementers will withdraw, and consequently we will incur double losses as a result of that withdrawal.” Avoid it through the following method, which is that Parliament should think about finding a legal tool that accompanies the process of dissolving it so that the current government or others can continue to spend investment and this can be settled through Parliament’s vote to establish self-financing funds that can finance these projects. LINK
Transparency And Financial Disclosure Is A Strategic Approach For The Central Bank Of Iraq
Samir Al-Nusairi Economic and banking consultant Central banks in the countries of the world (they are stability banks) mainly aim to achieve economic stability by achieving stability in the monetary system and the financial system in accordance with their programs and strategies that aim to maintain stability in the macro economy through the applications of monetary policy tools.
Therefore, the Central Bank of Iraq works By achieving its objectives contained in Law 56 of 2004, most notably building sufficient foreign reserves in accordance with special international standards issued by the International Monetary Fund, facing crises, challenges, economic and political shocks, controlling stable rates of inflation rates, interest rates, the general level of prices and stability in the exchange rate, managing money supply, and applying regulations and rules Compliance and Anti-Money Laundering and Terrorist Financing.
The Central Bank’s march has proven that it is following a steady and strategic approach that depends on transparency and disclosure of financial data and dealing with international financial organizations and institutions, based on the keenness to restore confidence in international banking transactions, which Iraq has suffered due to reputational risks and negative media impact towards damage to the Iraqi economy and leakage of inaccurate data and information. and fabricated .
Which led the Central Bank’s management to draw up its strategies, and one of its main and subsidiary objectives was to adopt transparency and disclosure locally and internationally about the march of results achieved for the financial and banking sector, and to adhere to the international standard standards applied by sober international banks, which led to the creation of a new and balanced relationship with banks.
The international banking institutions are based on confidence in the financial statements presented and announced by the Central Bank .
For example, the Central Bank announced last week, with high transparency and disclosure, a detailed report on the overall financial and economic indicators of Iraq as the financial advisor to the government. Total revenues amounted to 109 trillion dinars in 2021, compared to 119 trillion dinars in 2012 , and exports rose to 102 trillion dinars in 2021 and the public debt rose From 6.5 trillion dinars to 69.9 trillion dinars, imports decreased from 50 billion dollars to 34 billion dollars in 2021, and exports decreased from 96 billion dollars to 73 billion dollars .
And the number of banks with significant growth rates during 10 years, and what confirmed the transparency of the report is the issuance of the International Monetary Fund report for the month of August 2022, which strengthened the data contained in the report issued by the Central Bank .
Also, the Central Bank announces daily and with a comprehensive disclosure of its daily sales of dollars in the foreign currency sale window, according to the classification of each bank and with special criteria for that. International accounting standards that ensure the transparency of financial statements .
From all of this, we note that the Central Bank, with this strategy and with this approach, announces to local and international public opinion the following:
- The statements issued by it and the Iraqi banking sector confirm the transparency and disclosure of the Central Bank of Iraq by announcing approved and transparent reports of total foreign currency revenues and total foreign currency expenditures for the government in accordance with the approved exchange chapters.
- The data contained in his daily reports on his official website refutes all media statements made by non-specialists in the various media, especially with regard to the foreign currency sale window. In foreign currency with the required accuracy, it will greatly help to enhance confidence in our national economy and the Iraqi banking sector locally and internationally, because disclosure, transparency and credibility will raise the percentage of financial inclusion and Iraq’s reputation internationally .
25 . views Added 08/27/2022 – 1:50 PM Update 08/27/2022 – 5:30 PM
https://economy-news.net/content.php?id=29476
Parliamentary Finance: One Segment Will Be Affected By The Absence Of The Budget
Money and business Economy News – Baghdad On Saturday, the Parliamentary Finance Committee identified the only segment affected by the absence of approving the budget law.
Committee member Jamal Cougar said, “The only segment that will be affected by the absence of the budget law are contract employees who are waiting to be confirmed once the budget is approved, and that the rest of the segments will not be affected.”
Cougar added, in a statement to “Mawazine News” and followed by “Al-Iqtisad News”, that “these are the only ones who will wait for the law to be passed, as for others whose salaries are fixed employees and contractors, there is no fear for them.” provided by the budget law.
17 . views Added 08/27/2022 – 4:41 PM Update 08/27/2022 – 6:25 PM
https://economy-news.net/content.php?id=29478
Oil Prices Are Rising In Global Markets
Economie| 09:31 – 27/08/2022 Follow-up – Mawazine News : Oil prices rose, at the end of trading week, supported by indications from Saudi Arabia that OPEC may reduce production, but trading was volatile with investors assimilated and ultimately ignoring the warnings of the President of the US Federal Reserve against facing some economic suffering.
Brent crude futures rose $1.65 to settle at $100.99 a barrel. US West Texas Intermediate crude futures rose 54 cents to settle at $93.06 a barrel.
Overall, Brent crude rose 4.4 percent during the week, while WTI rose 2.9 percent. Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=203583
With A Difference Of 100 Dinars .. The Exchange Rates Of The Dollar In The Local Markets
Economie| 11:51 – 27/08/2022 Baghdad – Mawazine News The dollar exchange rates witnessed, today, Saturday, stability in the Iraqi Stock Exchange. Selling price: 148000 dinars per $100 purchase price: 147,900 dinars per $100 https://www.mawazin.net/Details.aspx?jimare=203598
The Ministerial Council Approves The Extension Of The Work Of (UNITAD) In Iraq
Political | 04:25 – 27/08/2022 Baghdad – Mawazine News, today, Saturday, the Prime Minister, Commander in Chief of the Armed Forces, Mustafa Al-Kazemi chaired a meeting of the Ministerial Council for National Security.
A statement by Al-Kazemi’s office, which Mawazine News received a copy of, stated that “the developments in the security situation in the country were discussed, and a number of important security files were discussed.”
At the beginning of the meeting, Al-Kazemi praised “the efforts of the armed forces as they continue their operations in pursuit of the remnants of ISIS terrorist gangs, and their ability to kill a number of terrorist leaders in qualitative operations, and to destroy many terrorist dens.”
The Commander-in-Chief of the Armed Forces stressed the “necessity to redouble the security effort in combating organized crime and prosecuting drug gangs.”
He directed all security services to “coordinate and integrate in the implementation of security plans, in a way that contributes to spreading stability and strengthening the elements of social security in its various forms.”
The Ministerial Council for National Security discussed the files and topics on the agenda, and issued decisions, recommendations and directives on them, and the Council agreed to extend the work of the mission of the United Nations team to investigate the crimes of the terrorist organization ISIS (UNITAD). End https://www.mawazin.net/Details.aspx?jimare=203635
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