Sunday Morning Iraqi News Highlights 4-30-23
An Economist Who Explains How To Overcome The Fiscal Deficit In The Budget
Today 09:32 Information / Baghdad… The economist, Dr. Safwan Qusay, explained that Iraq needs the price of a barrel of oil in the budget to be $90 in order to overcome the deficit and avoid resorting to internal borrowing.
Qusai said to Al-Maalouma, “The financial deficit in the budget is rounded up through the financial surplus, which amounts to 20 billion dollars, and there is also a possibility to reduce the financing of the deficit so that the Ministry of Finance does not finance the allocated allocations, and also that the budget opened the window for internal borrowing from Iraqi banks at the expense of the bank’s reserves.” central”.
He added, “It is hoped that oil prices will rise in order to cover the deficit, as Iraq needs the price of a barrel of oil to be $90 in order for there to be financing for the deficit away from borrowing.”
And he indicated that “the positive outlook for oil prices during the current year may be that Iraq will achieve a rise in prices, so that the price of a barrel during the current year is 82 dollars.” LINK
Disclosure of a parliamentary government contact to end the inflation crisis within the budget[/size]
Information / Baghdad.. The representative of the State of Law coalition, Muhammad Al-Ziyadi, revealed the existence of parliamentary government discussions for the purpose of ending the state of inflation in the financial budget, indicating that the survival of inflation rates for the next three years threatens the Iraqi economy.
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Al-Ziyadi said, in a statement to Al-Maalouma, that “the Finance Committee is preparing the draft budget law for voting by holding intensive meetings and hosting parties for stakeholders, especially government agencies.”
He added, “The most important problem facing the Finance Committee at the present time is the high rates of inflation in the budget compared to the past two years 2021 and 2022,” noting that “the amendments that the Finance Committee will make in the budget , especially those on the financial side, need the approval of the government.”
Al-Ziyadi explained that “the ongoing negotiations between the two parties are taking place very smoothly, and it will be agreed to pass the budget in the middle of the next month.” LINK
Abdul Hassan Al-Shammari To / NINA /: The Delay In Approving The Budget Is A Negative Matter And Evidence Of The Differences Of The Political Blocs
Sunday, April 30, 2023 | Economical Number of readings: 217 Baghdad / NINA / – The economic expert, Abdul Hassan Al-Shammari, confirmed: The delay in approving the budget is a negative matter and evidence of the differences of the political blocs. Noting: In light of this situation, its approval may take nearly a month.
And he told the National Iraqi News Agency / NINA /: If the balance between push and pull remained without a tight economic construction, it would not be a tight budget.
Al-Shammari added: The most important budget problems are the large deficit, which exceeds 63 trillion dinars, which is a large number.. indicating that it is true that the oil price of $86 may cover the deficit, but in the coming months it may decrease.
And he explained: One of the negatives accompanying the budget is also that until now, the appointment in the departments of the state, which will become a state of employees, has not stopped without production. https://ninanews-com.translate.goog/Website/News/Details?key=1050184&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en
Per Capita Income Exceeds 50,000 Dinars Per Day.. “Begging” In Iraq Is A “Profession” Run By “Mafias”
2023-04-30 Shafaq News/ Begging is a widespread phenomenon in Iraq, despite the campaigns launched by the Ministry of Interior, ministries and other concerned authorities in order to address and reduce it.
Specialists attribute the continuation of this phenomenon to several reasons, the most prominent of which is poverty, which has not increased by 20 percent for more than 10 years, despite the plans and initiatives launched, but they did not address the roots of the problem, and therefore it remains.
The most serious issue in begging is its entry into human trafficking crimes, as there are gangs that trade in beggars, and groups that practice beggary, so it overlaps with other crimes targeting the Iraqi individual, especially in poor areas that suffer from economic, social and psychological problems, according to specialists.
Anti-Begging
The Ministry of Interior, in cooperation with the Supreme Judicial Council and other supporting sectoral bodies, recently launched a campaign to combat beggary in Baghdad and the provinces, but the fight against beggary does not stop at this campaign, according to the spokesman for the Ministry of Interior, Major General Khaled Al-Muhanna.
He added to Shafaq News agency, “It is related to many sectoral agencies, including the Ministry of Labor, to secure social protection for beggars, especially those who are in dire need of sums of money from the helpless and unemployed to meet their daily needs.”
Al-Muhanna points out that “there are those who take beggary as a profession, and operations were carried out to combat human trafficking gangs, and six large groups were arrested in Baghdad, and they were referred to the competent courts.”
And while confirming the continuation of operations to combat these gangs, he explained that “there are foreign beggars, and these are their fate after being caught and deported outside the country, and thus his case ends, unlike the local beggar who may be released after the expiration of his detention period and return to begging again.”
According to reliable statistics, the poverty rate in Iraq in the past year 2022 exceeded 25%, which is the highest since 2003, and therefore the government faces a challenge to help about 10 million Iraqi citizens below the poverty line.
From Reality
A 12-year-old girl who practiced begging in Karbala governorate, an orphan of her father and her mother left her, said, “I had to stay with my father’s second wife, who took care of me in the early days, but after a while she asked me to go out to beg to earn a living, as she was a housewife, not She has a breadwinner.”
The girl, who refused to reveal her identity, explains to Shafaq News Agency, that she used to live in one of the southern governorates and came to Karbala because of the crowded population there and the visitors who come from different regions.
The girl earns from begging between 15,000 and 30,000 dinars on a daily basis, and in the season of visits it reaches 100,000 dinars, pointing out that these sums are “taken by my stepmother and spent part of it on me.”
Begging in Karbala is a negative phenomenon suffered by the people of the province and the tourists who flock to it, at a time when statistics indicate that more than 85 percent of those who practice begging are not poor, and some of them are from Islamic and non-Arab countries, according to Majid Al-Khayyat, director of the Iraqi Center for Media Studies and Research.
Regarding the reasons for the arrival of some beggars from other regions to Karbala, Al-Khayyat explained to Shafaq News Agency, that this comes “with the aim of not knowing them in this province, as well as the presence of foreign tourists,” stressing that “most of these beggars have social protection salaries, but they are used to easy earning money by begging.”
The social researcher Raghad Sabbar stands close to what Majed Al-Khayyat said about the degradation of begging, and while the concerned authorities are calling for tougher punishment to deter beggars, she identified the causes of widespread beggary to two main factors: the economic situation and family disintegration.
During her speech to Shafaq News agency, she warned the importance of “not always blaming the government, as there is a mafia that benefits from beggars, and some of them are accustomed to collecting money without working”, calling on beggars to find a job that preserves their dignity and at the same time secures their daily sustenance. .
Begging Processing
Ali al-Bayati, a former member of the High Commission for Human Rights, calls for the need to take real measures that amount to the seriousness of the problem, which always receives partial solutions and reactions from state institutions, which are limited to putting some beggars in detention centers and then releasing them, without searching for reasons. Which prompted them to beg and be present in the arena of human trafficking, and to address these causes, in addition to providing them with opportunities for a decent life, including a shelter and a source of livelihood, and protecting them from human trafficking gangs.
He assures Shafaq News agency that state institutions and ministries of interior, labor, planning, health and others must involve civil society organizations and the media to combat beggary, and strengthen the capabilities of law enforcement agencies, and without these measures, this problem cannot be solved.
Begging Penalty
Legal expert Ali Al-Tamimi explains the penalty for recruiting children for the purposes of begging and the law to combat human trafficking by saying, “The Iraqi Penal Code, in Articles 392, 391, and 390 thereof, is punishable by simple imprisonment and fines for beggary or placement in the state’s role in the event of repetition,” noting that when examining the text The above articles permit begging for those who have no work. This is how the text is understood, stressing, “I am not with penalties, but when alternatives are found, punishment can be imposed.”
He added to Shafaq News agency, “Law 28 of 2018 punishes human trafficking with imprisonment to death and fines from 5 to 10 million dinars for human trafficking.” He answered a question: Can recruiting and begging young people be considered human trafficking? “I agree with that because it is a trade in small tools.” It is not possible to take a decision, and it kills their future, and if this was implemented, the begging mafia would have ended.”
He points out that “Iraqi Juvenile Welfare Law No. 76 was issued in 1983, and it needs to be amended in this aspect to address the problem of dying children in Iraq,” pointing out that “the application of the Anti-Human Trafficking Law requires high intelligence effort, community cooperation, and activation of communications, and it needs an amendment in this regard.” the side”. LINK
Parliamentary Finance: The Main Suspect In The “Theft Of The Century” Case Is In This Place
Sunday, April 30, 2023 06:44 | politics Number of readings: 471 Baghdad / NINA / – The Parliamentary Finance Committee revealed that the travel ban badge had been lifted from the main suspect in the case of theft of the century, “tax secretariat revenues,” Nour Zuhair.
Committee Member Representative Mustafa Sanad, through his personal account on the Facebook social networking platform, published an official document issued by the Real Estate Registration Directorate to the Basra Real Estate Department demanding that the seizure badge be lifted on the property of the sponsored defendant,” Nour Zuhair” and his wife in Basra Governorate, stressing that the latter is currently in the city of Dubai.
And the former Minister of Interior, Othman Al-Ghanimi, announced, on October 24, 2022, the arrest of the so-called “Nour Zuhair Jassim Al-Muzaffar,” the main accused of stealing (3) trillion and (700) billion dinars from public tax funds, and depositing him in a police station, where he was removed from the private plane at Baghdad International Airport before his escape./ End 5
Iraq’s Oil Exports To America Increased To 222 Thousand Barrels Per Day
Energy Economy News – Baghdad The US Energy Information Administration announced, on Sunday, that Iraq’s oil exports to America increased during the past week.
The administration said in a report, “Iraq’s oil exports to America amounted to an average of 222,000 barrels per day last week, up by 42,000 barrels as a daily average from the previous week, in which oil exports to America reached an average of 180,000 barrels per day.”
She added, “Most of America’s oil revenues during the past week came from Canada at an average of 3.327 million barrels per day, followed by Mexico at an average of 728 thousand barrels per day, and oil revenues from Saudi Arabia amounted to 339 thousand barrels per day.”
https://economy-news.net/content.php?id=33908
The Iraqi Stock Exchange Will Stop Trading Tomorrow
Market Economy News – Baghdad The Iraqi Stock Exchange decided to stop trading tomorrow, Monday, on the occasion of Labor Day.
And the stock exchange said, in a statement, “It was decided not to organize a session tomorrow on the occasion of Labor Day.”
“The session will resume on Tuesday,” she added.
Many investors criticize the suspension of trading in the stock exchange, due to the large number of holidays in the Iraqi state, which negatively affects the performance of the market.
https://economy-news.net/content.php?id=33914
Dollar Prices Recorded A Noticeable Decline In The Local Markets
Economy |Today Baghdad today – Baghdad Today, Sunday, the exchange rates of the dollar against the dinar recorded a noticeable decrease in the main stock exchange and local markets in the capital, Baghdad .
The (Baghdad Today) correspondent said, “The exchange rate of the dollar for today, on the stock exchange, reached 141,400 Iraqi dinars for every 100 dollars . ”
And he added, “The selling price reached 141,750 dinars per 100 dollars, and the purchase price reached 140,750 dinars per 100 dollars in local exchange offices. LINK
