More Iraqi News Monday Evening 8-15-22
Tlm724 Administrator Bondlady’s Corner
The Appearance Of Muhammad Salih To / Nina /: The Country Is In Financial Danger… If We Enter The New Year Without A Budget For The Current Year
Sunday 14 August 2022 10:14 | Economic Number of readings: 520 Baghdad / NINA / – The financial expert, advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the country is in financial danger… if we enter the new year without a budget for the current year.
He told the National Iraqi News Agency ( NINA ): There are very legitimate caveats and fears that the current fiscal year 2022 will end and the country will be in a political and legislative crisis that prevents the issuance of a law for the public budget.
He explained: In the event that the country enters a new financial year, which is the year 2023, and there is no law or legislation that permits the disposal of public money for more than one year, the country will impose a serious financial siege on itself with ominous consequences.
He said that the way out of this matter is for the executive authority to request directly from the judiciary, specifically the Federal Supreme Court, to issue an exceptional ruling that provides for the removal of harm from the country and the people in a manner that secures the management of financial life at a minimum and at a rate of 1/12 of the total actual current expenses realized in the year 2022 until the country reaches the correct legislative paths by issuing a federal general budget./End 3
The Integrity Commission Announces The Imminent Recovery Of Two Billion Dollars Smuggled From Abroad
Money and business Economy News-Baghdad
Today, Monday, the Federal Integrity Commission announced the imminent recovery of two billion dollars, while confirming that some countries deliberately not cooperate to recover Iraqi funds .
The head of the Integrity Commission, Alaa Al-Saadi, said in a statement to the Iraqi News Agency that “there is a law to recover Iraq’s money issued in 2012 and until the year 2019 was administered by the Ministry of Finance, after which the Integrity Commission took over its administration,” noting that “during this period, we gained the confidence of the citizen to report on Iraqi money abroad by giving privileges to the informant .
He added, “Most of the collaborators are the heirs of those who trespass on public money as a result of the privileges granted by the state and their inability to complete the official papers,” noting that “one of the collaborators, who is one of the servants of the former regime, revealed details of money totaling two billion dollars that will be recovered, as well as telling details about A lot of money, whether inside or outside the country .”
He explained, “Part of the countries deliberately refrain from not cooperating to recover Iraq’s money, and we need the higher authorities to conclude agreements to hand over the convicts and Iraqi money .”
Al-Saadi called “the higher authorities authorized to negotiate and contract with countries in order to recover funds abroad because most countries are not cooperating with Iraq to return its money .”
Views 189 Added 08/15/2022 – 11:31 AM Update 08/15/2022 – 6:47 PM
https://economy-news.net/content.php?id=29333
Oil Prices Fell By More Than 1%
Monday, 15 August 2022 10:58 AM Follow-up / National News Center Today, Monday, oil prices fell by more than 1%, as investors evaluate a number of factors that affect the crude market, both on the demand side and on the supply side.
By 09:02 Moscow time, international crude futures, “Brent” mix, fell 1.12% to $ 97.05 a barrel.
Meanwhile, US West Texas Intermediate crude futures fell 1.13% to $91.05 a barrel, according to trading data.
Market participants fear a decline in demand for crude in China, coinciding with the possibility of an increase in Iranian supplies. https://nnciraq.com/147228/
The Dollar Recorded A Rise In The Iraqi Market
Economie| 09:30 – 15/08/2022 Baghdad – Mawazine News The dollar exchange rates witnessed, today, Monday, a slight increase in the Iraqi Stock Exchange. Selling price: 148,600 dinars per $100, buying price: 148,500 dinars per $100 LINK
Judge Zidane Discusses With Blackshart The Political Crisis In Iraq
Monday, August 15, 2022 12:20 PM Baghdad / National News Center
The head of the Supreme Judicial Council, Judge Faiq Zeidan, and the head of the United Nations mission in Iraq, Jenin Plasschaert, discussed today, Monday, the role of the judiciary in addressing the problems related to the political crisis.
And the judiciary’s media said in a statement received by the National News Center that “the Supreme Judicial Council, Judge Faiq Zaidan, received the representative of the Secretary-General and Head of the United Nations Mission in Iraq, Jenin Blaschaert.”
He added that “the two sides discussed the role of the judiciary in addressing the legal problems related to the political crisis in Iraq.” LINK
Our Resources
Articles Yesterday, 09:00 Dr.. Alaa Hadi Al-Hattab
Any country in the world looking for its renaissance must rely on its available resources and use them optimally in order to achieve that desired renaissance,
especially in a country like Iraq that has gone through various and multiple crises and wars in its history.
Simple for that history, we note the great shocks that the country has been subjected to as a result of coups, occupations and internal conflicts, all of which have left a clear impact on the nature of social behavior in general and political behavior in particular.
Iraq is a country that God has endowed with a lot of natural resources, as well as its geographical location and geopolitical environment, which
if it were well employed by the decision maker, would have become different from what we see today, and would have become at least among the ranks of the Gulf countries,
but this geographical location is the same, perhaps shaped and constituted An obstacle to its renaissance due to its lack of optimal management by decision makers, past and present.
Many developed countries have left dependence “totally” on natural resources and wealth because some of them have run out of time, such as oil, gas and others, and because of the progress of the means of production and transportation in other resources.
The product is in order to achieve achievement through minds, not just resources.
Resources, whatever their size, cannot advance in a country that does not have minds that manage these resources in a better way with an acceleration in technological development towards the investment, employment and marketing of resources within a large international competition arena, and
we have dozens of The models are from countries that do not possess large natural resources,
but their knowledge and technological production made them a destination for consumers,
which enabled them to achieve major leaps in the paths of development, progress and urban, social and economic renaissance alike.
The best investment that can be relied upon to continue is to invest in the human resources owned by the country, and through several evidence that we can build on, Iraq has good human resources, which need development and empowerment. For the country’s renaissance, progress and prosperity to reach a state of “well-being”.
Yes, some of us may find my words a kind of fantasy or journalistic “luxury” in writing an article and far from reality, the reality that talks about our failure to provide a continuous electric current, paved streets or a good health and educational system,
but with a simple review of the history of countries that rose from their repression, we realize Well,
renaissance through “human resources” is the best solution, and its manufacture is not impossible, even if it is difficult.
What we need first of all in order to succeed in investing our human resources is the will, yes the political will of the decision makers, and the societal will, and this will is what creates internal stability and employs the mind in the service of wealth for the success of the Renaissance. https://www.ina.iq/163131-.html
A Consultant Confirms… It Is Impossible To Restore The Dollar Exchange Rate To Its Previous Position
On August 15, 2022 The Independent/- Haitham Al-Jubouri, Technical Adviser to the Prime Minister, confirmed that it is impossible to restore the dollar exchange rate to its previous position.
Al-Jubouri said during an interview with colleague Ahmed Al-Tayeb, who was followed by The Independent, that
“returning to the old exchange rate is a fantasy, as the losses that Iraq will pay in the event of a return will be more than the dollar’s survival at its current price.”
Al-Jubouri added, “We have to say how the strength of the Iraqi dinar can be restored, against the dollar, but not by a government decision, and this matter is achieved through supply and demand.”
He stressed that “the only source of dollars at the present time is the Central Bank, for what it receives in dollars from the Ministry of Finance, for Iraqi oil sales.”
He pointed out that “the currency sale window cannot be stopped by the state, as it considers the department to withdraw the dinar and pump the dollar, as it delivers the dinar to the Ministry of Finance and receives the dollar instead, and then the ministry distributes the dinar in various forms, including salaries as well as investment projects.”. https://mustaqila.com/مستشار-يؤكد-من-الاستحالة-إعادة-سعر-صرف/
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