Friday Afternoon Iraq Economic News Highlights 8-19-22
Oil Expert: Corruption Prevented Iraq From Reaching 7 Million Barrels Per Day
The oil expert, Hamza Al-Jawahiri Energy Economy News – Baghdad The oil expert, Hamza Al-Jawahiri, ruled out that Iraq’s production would reach 8 million barrels per day during the next few years.
On June 19, 2022, Oil Minister Ihsan Abdul-Jabbar Ismail confirmed that oil production will reach 8 million barrels per day during 2027. Al-Jawahiri said that it is difficult for Iraq’s production to reach 8 million barrels per day, due to the failure to implement the sea water project, which transports water from the sea into the fields. He added that the implementation of this project needs 3 years with hard work, in addition to digging wells and building an electricity system.
He stressed that corruption and some parties were prevented from raising Iraq’s oil production to 7 million barrels per day now, through their interventions in stopping some projects, adding that Exxon Mobil presented an offer in 2011 to implement the sea water project, but it was stopped by the hand of corruption.
He pointed out that Iraq’s oil production is now supposed to reach 7 million barrels per day, but today it reaches 4.6 million barrels. Views 124 Added 08/19/2022 – 10:52 AM Update 08/19/2022 – 1:18 PM
https://economy-news.net/content.php?id=29388
Those Affected By The War In Salah Al-Din Are Without Compensation, And Their Cities Pay The Bill For The Battles
Posted On2022-08-19 By Sotaliraq From window to window, Khamis Saleh inspects the sections and people in the Compensation Department to follow up on the procedures for the progress of the compensation transaction for his five martyred brothers in Salah al-Din.
About 8 years have passed since the restoration of the governorate’s cities, and the compensation file is still an obstacle for those affected, as 40,000 housing units were completely destroyed, but only 2,000 families were compensated and the largest number is still waiting.
Khamis Saleh, a citizen, told UTV that “my treatment was rejected on the grounds that I had not reported my five martyred brothers since 2014, although everyone knows that in that year there was no government department in Salah al-Din through which to report.”
There are currently 13,000 transactions prepared for disbursement out of the 27,000 stacked transactions in the Salah al-Din Compensation Department, awaiting a government decision from Baghdad to disburse them after approval by four committees, starting with the compensation judge, passing through a representative of the Ministry of Defense, Interior and Health, and ending with the Court of Appeal.
Mohamed Al-Haider, director of Salah El-Din compensation, told UTV that “13,000 transactions have been approved and are ready for disbursement, in addition to 400 transactions we received from the Central Committee,” noting that “the amounts allocated from the emergency support law will cover a large number of transactions.”
Official reports indicate that more than 200,000 housing units were completely destroyed by the military operations, distributed in the cities of Salah al-Din, Nineveh and Anbar, as well as shops, agricultural orchards and machinery, and all these losses have not been compensated so far. LINK
The Routine Of The Departments Is Pushing Tens Of Thousands Of War-Affected People In Nineveh To Neglect Their Compensation Requests
Posted On2022-08-19 By Sotaliraq Four years have passed, and Karam Amir is moving between the departments of compensation and the Martyrs Foundation in Nineveh, to complete the treatment of his martyred father as a result of the ISIS war in the summer of 2017, but his endeavor is still in vain; Because of the routine and security checks that take a long time.
Karam Amir, an aggrieved citizen, says that “the treatment has been promoted since 2018, and has not yet been completed, and officials always declare in the media that they are against routine and want to eliminate it, but this thing does not exist on the ground.”
Although the Nineveh Compensation Commission has completed about 80,000 compensatory transactions so far, the audit procedures in the committees of the Accountability and Justice Commission in Baghdad have stopped about 10,000 transactions for those affected by the war.
Muhammad Okla, director of the Nineveh Compensation Committee, said, “What has been mitigated is the cancellation of the accountability and justice audit for the heirs, because at one time this scrutiny burdened the families of the martyrs, the injured, the missing and their last transactions for a long time.”
The routine followed and the procedures of the Accountability and Justice Commission caused the reluctance of about 100,000 affected people to apply for compensation, according to human rights organizations.
Aws Abdel Halim, General Coordinator of the Victims’ Reparation Support Center, says, “The Iraqi law recognizes the importance of compensating civilians and military victims of military conflicts, but today we find that the number of applicants for compensation transactions does not exceed 12 percent of their total.” LINK
Planning: Preparing A Strategy To Improve The Income And Livelihood Of Poor Families
Economie| 09:18 – 18/08/2022 Baghdad – Mawazine News Today, Thursday, the Ministry of Planning confirmed its intention to prepare a strategy to improve the income and livelihood of poor families, while confirming the imminent launch of the largest economic and social survey.
A spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said, “The ministry is preparing, in coordination and cooperation with a group of ministries and institutions, including the Ministries of Trade, Labor and Social Affairs, to prepare the third poverty reduction strategy in Iraq for the years 2024-2028.”
He added, “The goal of the strategy is to improve the standard of living for people with low incomes, which focuses on two axes, the first: reconsidering and evaluating the social protection network so as to ensure that it reaches those who are eligible for the benefit and re-examining the level of the poverty line in order to ensure that support reaches poor families.”
He pointed out that “the second axis focuses on reforming the ration card system and working with the Ministry of Commerce with the aim of allocating this program to poor families, with a review of those covered, as many of them are well-off, and it is first for these materials to go to poor families.”
He continued, “The strategy also aims to improve the income and standard of living of poor families through other pathways related to education, health and housing.”
He stressed that “with this framework, the Ministry of Planning is preparing to launch one of the largest economic and social surveys in Iraq, and soon the work of this survey will be launched, which will give us very important indicators about the poverty level, the poverty line, the living standard of the poor and their areas of concentration, and then we will use the outputs of this survey and its indicators in writing The poverty strategy that is currently being prepared.” Ended 29 / p. 87 https://www.mawazin.net/Details.aspx?jimare=202839
At The End Of The Marketing Season Activities In Kurdistan… The Grain Trade Conducts An Assessment Of Its Storage And Honors The Distinguished
Economie| 05:53 – 18/08/2022 Baghdad – Mawazine News The General Company for Grain Trade, one of the formations of the Ministry of Trade, announced, on Thursday, the establishment of a celebration at the end of the marketing season in the governorates of the Kurdistan region, which included honoring the Minister of Trade and the ministry’s staff in the governorates of the region, as well as “a comprehensive assessment of the state of warehousing in the governorates of the Kurdistan Region.
” The Director General of the General Company for Grain Trade said Muhammad Hanoun, in a statement, said that the success of the marketing season reflected positively on the prices of foodstuffs in the local market, as well as the fact that the prices of flour did not rise to confront the crisis of rising prices.
Hanoun added, during honoring the Minister of Trade in the Kurdistan Regional Government and the advanced cadre of the ministry, that the provinces of the region made efforts Exceptional for the success of the marketing season by marketing all quantities of farmers and farmers, as well as interacting with the directives of the Ministry of Trade to make the 2022 season a season of challenge.
Hanoun pointed out that the owners of the General Company for Grain Trade in the governorates of the region were able to absorb large quantities of wheat during the marketing season, and also succeeded in preventing the smuggling of quantities of wheat to and from the northern governorates, pointing out that the Minister of Trade in the regional government made exceptional efforts to support The activities of the marketing season and the success of the decisions of the Marketing Committee.
Hanoun continued, that the support enjoyed by the owners of the General Company for Grain Trade from Dr. Alaa Al-Jubouri, Minister of Trade, and his continuous follow-up also to marketing operations in the governorates of the Kurdistan region, as well as field supervision of marketing operations in these governorates.
Hanoun stressed that the interaction shown by the governorates of the region with the decisions of the marketing committee in the ministry resulted in the success of the marketing season and the receipt of quantities exceeding two million two hundred and 24 thousand tons, after expectations indicated that these quantities were not received, especially from the governorates of the region.
The Minister of Trade in the regional government had valued the support received by the ministry’s staff in Kurdistan from the Federal Ministry of Trade, appreciating this support, which he considered a passable way to overcome all outstanding problems between the region and the center with regard to the activity of the Ministry of Trade, which he confirmed was exceptional in all data.
The Director General of Grain Trade, Muhammad Hanoun, had inspected the wheat storage in Erbil and was briefed on the mechanisms to maintain the storage and the adoption of the marketing plan approved by the Ministry of Trade to distribute the wheat material to the private mills.
During his visit to Kurdistan, Hanoun m et a number of private mill owners to see the mechanisms of work and explain the marketing plan carried out by the grain trading and grain processing companies to distribute wheat to citizens, reassuring that the regions of the region enjoy the same support as the rest of the provinces within the distribution of ration card items. https://www.mawazin.net/Details.aspx?jimare=202820
Association: Owners Of Poultry Farms In The Kurdistan Region Incur Losses Estimated At 15 Billion Dinars
Posted On2022-08-19 By Sotaliraq The Poultry Breeders Association in Sulaymaniyah Governorate announced today, Thursday, that poultry owners have lost more than 15 billion dinars since Eid al-Adha until now, while demanding the reopening of slaughterhouses and forcing restaurants, hotels and tourist areas to use live chickens, warning of the extinction of the sector if the situation remains as it is.
He is The head of the association, Nazim Abdullah al-Jaf, said in a statement that more than 15 billion dinars were the value of losses in poultry production projects since Eid al-Adha this year, which is the biggest warning to stop the production of live chickens in the Kurdistan region.
He added, “The government’s neglect of this sector shows that there is no incentive for local production, which causes huge losses to hundreds of families.”
Al-Jaf pointed out that “the price of fodder is cheap in Iraq, but it is still expensive in Kurdistan, which shows the fact that the government does not monitor these factories, while the government must communicate and find a solution.”
The head of the association also called for the reopening of slaughterhouses and forcing restaurants, hotels and tourist areas to use live chickens to support local production.
Soren Abdel Ghafour, Director of Control and Trade in Sulaymaniyah, stated on August 7, during a statement that the price of chicken has fallen to half its previous price, so that a kilogram of chicken in poultry is sold for 2,600 dinars.
Earlier, the head of the Poultry Breeders Association said that if the government ignored the association and did not listen to them, they would collapse completely, which would lead to farmers’ bankruptcy and thousands of families would be unemployed. LINK
