News & Comments
Sawaf Mosque in the city of Erbil, located behind him the city center Imaging (Mahmoud Raouf)
UN and international delegation to visit Arbil today to discuss the economic crisis and reforms
Author: AR, HH Editor: AR, HH 7.3.2016 10:50 Long-Presse / Baghdad
The UN Mission in Iraq (UNAMI), said Monday that a delegation internationalist featuring its president and ambassadors of foreign countries and the World Bank Country Director in Iraq, will visit the Kurdistan region today, to discuss the economic crisis and reforms, while confirming that the delegation will meet with the region’s president, Massoud Barzani and Prime Minister Nechirvan Barzani.
The mission said in a statement received (range Press) copy of it, “a delegation of ambassadors and representatives of the countries of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, Ambassador Head of the EU mission and World Bank Country Director in Iraq, in addition to the Special Representative of the Secretary-General of the United Nations in Iraq, will visit the region Kurdistan on Monday (the seventh of March 2016). ”
The mission added that “the President of Kurdistan, Massoud Barzani, the province will receive the delegation will also hold delegation meetings with the Prime Minister of the Kurdistan region Nechirvan Barzani,”
noting that “the visit will focus on the discussion of the economic, financial and social situation in the region, including the reforms made by the government of the Kurdistan region, as well as the potential importance of political unity and support from the international community. ”
The mission pointed out, “the possibility also to address other issues related to political and security developments those relating to the fight against the organization and especially (Daash).”
The Kurdistan Regional Government, facing a severe financial crisis, as a result of the repercussions of the decline in world oil prices, and the war against (Daash), which led to Shell economic life in the region, and delayed its staff salaries for more than four months (since September last 2015), with its large deductions ranging from 15 to 75 percent of the January 2016 salary, which is spending it in the past few days.
The Baghdad and Erbil have reached the end of the year deal last 2014, it stipulates that delivers the Territory and the federal government (oil marketing company SOMO), 550 thousand barrels of oil than those produced from the fields as well as Kirkuk, the Federal Government to take over their share of the general budget of the exchange,
but the agreement did not It stands for long as soon collapsed as a result of “lack of commitment of both sides to implement it,” according to released from mutual accusations, although in the current 2016 budget law, which included the renewal of that commitment.
It is said that the United Nations Assistance Mission for Iraq (UNAMI) is a political mission was established in 2003 by resolution No. 1500, issued by the UN Security Council and at the request of the Iraqi government, the mission has been present in the field since then expanded its role significantly in 2007 with the adoption of Resolution 1770, the security Council extended the mission’s mandate until July 31, 2016 through resolution 2233 which was adopted on July 29, 2015. LINK
[tlm724] a delegation internationalist featuring its president and ambassadors of foreign countries and the World Bank Country Director in Iraq, will visit the Kurdistan region today
[tlm724] to discuss the economic crisis and reforms
[tlm724] *wolfwhistle* big boys are coming to town
[tlm724] “the visit will focus on the discussion of the economic, financial and social situation in the region
[tlm724] The Baghdad and Erbil have reached the end of the year deal last 2014, it stipulates that delivers the Territory and the federal government (oil marketing company SOMO), 550 thousand barrels of oil than those produced from the fields as well as Kirkuk, the Federal Government to take over their share of the general budget of the exchange, but the agreement did not It stands for long as soon collapsed as a result of “lack of commitment of both sides to implement it,” according to released from mutual accusations, although in the current 2016 budget law, which included the renewal of that commitment.
[tlm724] hope this visit helps resolve the oil agreement once and for all !
[tlm724] bring on the HCL down the road too
http://www.bondladyscorner.com/t164004-un-and-international-delegation-to-visit-arbil-today-to-discuss-the-economic-crisis-and-reforms
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Kurdish lawmaker: Kurdistan with reforms Abadi if the “real and realistic.”[/size]
07/03/2016 10:47 | Press direction – Special / Kurdistan Alliance MP Hussein Islam, said on Monday that the alliance with al-Abadi reforms if they are “real and realistic”, while noting that the recent reforms were partial and did not affect the corrupt.
Hussein told the “direction Press,” said that the Kurdistan Alliance had previously announced his position explicit that with the reforms announced by al-Abadi to be a “real and effective” reforms, noting that with the passage of days package turns out that those reforms were “partial” and did not affect the corrupt true.
He added: Kurdistan Alliance position is still supportive of Ebadi to proceed with the reforms that affect these corrupt reforms in the government.
The Prime Minister Haider al-Abadi announced his intention in the 1.26.2016 a cabinet reshuffle prospective, denying the existence of any government feminine.
A source in the Prime Minister’s Office that al-Abadi said during a meeting with a group of media analysts and politicians that there is no truth to be traded from the feminine to the government, but there is a cabinet reshuffle.
http://aletejahtv.org/index.php/permalink/102570.html
[tlm724] that the alliance with al-Abadi reforms if they are “real and realistic”, while noting that the recent reforms were partial and did not affect the corrupt.
[tlm724] Kurds are saying we are with you but lets do it all out !! Go for broke !
[tlm724] this is huge for PM Abadi, it should kick these reforms in to high gear and the arrest warrants should fly off the shelves
http://www.bondladyscorner.com/t163997-kurdish-lawmaker-kurdistan-with-reforms-abadi-if-the-real-and-realistic
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Parliament transmits 991 a corruption case to the public prosecutor and integrity
03/07/2016 13:54 BAGHDAD / tomorrow Press: A member of the Parliamentary Integrity Commission, Mohammad Hamidi fact, on Monday, that his committee has referred 991 files to the prosecutor general and the Integrity Commission, noting that there are 91 files of large files that included all state institutions, notably the prefabricated schools file.
Said Hamidi, for “tomorrow ‘s Press,” ” The Integrity Commission has referred 991 files to the prosecutor general and the Integrity Commission, there are 91 files of large files, which include all ministries and institutions,” adding that ” the most prominent existing files you work on integrity is ready schools . ”
He said Hamidi, said that “there is a great waste of public money in the ready – school file, because the completion rate reached in some schools 3%, in spite of receiving 60% of their funds by the public sector companies affiliated to the state , ” explaining that ” the contracts signed during the reign former Minister of Education Mohammad Tamim. ” LINK
[tlm724] committee has referred 991 files to the prosecutor general and the Integrity Commission, noting that there are 91 files of large files that included all state institutions
[tlm724] they better get some extra help lol
[tlm724] now we’re cookin with fire
http://www.bondladyscorner.com/t164011-parliament-transmits-991-a-corruption-case-to-the-public-prosecutor-and-integrity
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Abadi meet today with the Anti-Corruption and Integrity Council judges
History of edits:: 07/03/2016 14:49 {Baghdad: Euphrates News} meets Prime Minister Haider al-Abadi, on Monday, with the Supreme Council for the fight against corruption and the judges of the Integrity Commission.
He said his office, in a brief statement agency {Euphrates News} received a copy of the Abadi “heads the first day of two important meetings with the Supreme Council for the fight against corruption and the membership of specialists, and another meeting with the judges of integrity to give them the necessary support and protection to do their work in the prosecution of corruption and corrupt” .anthy
http://alforatnews.com/modules/news/article.php?storyid=110760
[tlm724] PM Abadi to give them the necessary support and protection to do their work in the prosecution of corruption and corrupt”
[tlm724] *mission
http://www.bondladyscorner.com/t164015-abadi-meet-today-with-the-anti-corruption-and-integrity-council-judges
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Labour calls for foreign companies to support the private sector in Iraq
Economy Since 03/07/2016 14:06 pm (Baghdad time) BAGHDAD – balances News
The Ministry of Labour and Social Affairs, on Monday, several proposals to be presented in the Iraqi – The US Trade and Investment Council meetings in cooperation with the Ministry of Commerce.
A spokesman for the Ministry of Labour Ammar Menem, in a statement received / balances News / copy of it, that “the Labor Department raised its proposals regarding the Iraqi Council meetings
He pointed Menem said “the Ministry of Labour has proposed to strengthen the social responsibility of foreign companies, including the US to implement the service of social programs that support the goals of the Ministry of Labour. It was also a proposal to expand investment in vocational training and technical education to support the national system to raise the professional and technical competencies.”
And the spokesman of work, “it was a proposal to strengthen Social Iraqi protection system and encouraging foreign companies to join the guarantee fund and ensure a safe environment as well as taking into account the coordination between the axes and inflation”, stressing at the same sustenance “the importance of running 50% of the Iraqi employment projects handled by foreign companies. ”
Menem said that “the Ministry of Labour launched Among the proposals to be foreign investment companies active participation in the development of infrastructure in Iraq Ktoled electric power and support the creation or rehabilitation of social and health centers.”
And seal the spokesman as saying that the work “The ministry has called in its proposals to support private sector development in Iraq,” .anthy 29/4 e strategy LINK
[tlm724] The Ministry of Labour and Social Affairs, on Monday, several proposals to be presented in the Iraqi – The US Trade and Investment Council meetings in cooperation with the Ministry of Commerce
[tlm724] “the Ministry of Labour has proposed to strengthen the social responsibility of foreign companies, including the US to implement the service of social programs that support the goals of the Ministry of Labour
[tlm724] go for it !!! get those foreign companies in there to support the private sector
http://www.bondladyscorner.com/t164020-labour-calls-for-foreign-companies-to-support-the-private-sector-in-iraq
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The start of the financial conference on Iraq in Beirut
Economy Since 03.07.2016 at 10:50 (Baghdad time) Follow-up scales News
Held on Monday , the third World Conference and Exhibition on the financial and banking services in Iraq ( Iraq Finance 2016 ) and lasts for two days in the capital Albannaanh Beirut.
And held financial Iraq conference sponsored by the Central Bank of Iraq, is the leading international event which provides an opportunity open dialogue between Iraqi government officials and decision-makers with the investors in the financial services industry and local such as banks and banks operating in Iraq and international companies seeking to develop its work in the local financial markets.
It is likely that this conference will facilitate the opportunity for professionals and foreign investors for the development of the banking sector in Iraq by providing combining banks and international companies a platform to communicate with decision-makers and the Iraqi banks and the exchange of ideas and experiences, as well as providing the opportunity for business deals for the development of the banking business in the country, the fact that banks play a role president in the development of the Iraqi economy by turning challenges into economic opportunities Astosmar.anthy 29 / d 24 LINK
[tlm724] this conference will facilitate the opportunity for professionals and foreign investors for the development of the banking sector in Iraq by providing combining banks and international companies a platform to communicate with decision-makers and the Iraqi banks
[tlm724] *hallelujah* get Iraq open to the world, come on Iraq you can do it !! You got the IMF, the World Bank and the UN holding your hand, what more could you ask for ??? A lil stability but really lets go !!
http://www.bondladyscorner.com/t164021-the-start-of-the-financial-conference-on-iraq-in-beirut
Parliamentary Integrity: the assignment of corruption files into private banks judiciary
Political Since 03/07/2016 13:18 pm (Baghdad time) Special – balances News
Admitted to the Parliamentary Integrity Commission, on Monday, all civil investigations of banks is completed and forwarded to the Integrity Commission and the judiciary, describing those banks as “shops” to sell the currency and smuggling of currency abroad.
Said committee member Mohamed fact that L / balance News /, “The committee began an extensive investigation into the work of private banks and responded to it by Akhbarat this regard where he was awarded a number of those banks files into the Integrity Commission and the Iraqi judiciary and timely issued arrest warrants and Astkdamat toward managers number from private banks, “noting that” measures have been taken and were different and disparate judicial rulings in this regard. ”
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He added that “the files relating to banks and civil varied including those related to money laundering and the other is the existence of suspicions of corruption in connection with the work of those banks where the most Alakhbarat received by the Commission confirm that some of those working in Iraq banks just” shops “to sell the currency shall not exercise its banking customary form a globally assigned to it according to the law. ”
He pointed out that it “was a means of money laundering and smuggling of currency abroad,” explaining that “the Commission stressed the central bank to take legal measures lead to the provisions of the work of these banks.”
He explained that “the central bank move a number of cases against a number of banks in the past and the imposition of various fines as a result of financial and administrative irregularities by those banks,” noting that “most of the criminal cases brought by the Central Bank decided by the Iraqi judiciary issued various provisions to fine those banks “.
It is said that the Parliamentary Integrity Commission member Adel Nouri revealed, earlier, to contain the currency auction of the massive smuggling of state funds operations in addition to fit on a forged bonds, while noting that the Commission has developed community banks in the black list. is over LINK
From: Nur al-Din Wahba
[tlm724] Integrity Commission, on Monday, all civil investigations of banks is completed and forwarded to the Integrity Commission and the judiciary, describing those banks as “shops” to sell the currency and smuggling of currency abroad.
[tlm724] wow !! and timely issued arrest warrants and Astkdamat toward managers number from private banks,
[tlm724] Commission confirm that some of those working in Iraq banks just” shops “to sell the currency shall not exercise its banking customary form a globally assigned to it according to the law.
[tlm724] He pointed out that it “was a means of money laundering and smuggling of currency abroad,
[tlm724] revealed, earlier, to contain the currency auction of the massive smuggling of state funds operations in addition to fit on a forged bonds, while noting that the Commission has developed community banks in the black list
[tlm724] looks like they are issuing arrest warrants as well as fining, love it !!
[tlm724] therealbubbie thats why the auctions have been low, the corrupt are being watched and caught !
http://www.bondladyscorner.com/t164034-parliamentary-integrity-the-assignment-of-corruption-files-into-private-banks-judiciary
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Antoine calls to attract money chunky among citizens
3/7/2016 0:00 BAGHDAD Shokran Fatlawi urged economist of the Central Bank expert on the need to take action and quick measures to convert the large masses of cash from savings blocks to investment blocks in light of the financial and economic situation ,
which is going through the country, whether they are in Iraqi dinars , or the dollar. Scarce liquidity and added economic expert on behalf of Antoine Speaking «morning»: in light of the crisis experienced by banks and lack of liquidity, the amounts chunky among citizens and investors estimated at about 77 percent of the funds , according to financiers, economists ».
He noted the possibility of making use of those funds in the activation of investment , especially after the new amendments to the Investment Law No. 13 of 2006 and make it commensurate with the reality of the country, because it would open a window of revenues rather than relying on a single revenue in the conduct of economic activities.
The investment law amended He said the investment law according to the rate of economic and investment commission will go to the development of the housing sector, and other sectors as well as the protection of foreign investors and joint investments and the granting of facilities in the area of loans and allocation of land through the single window.
It aims window circle one, according to the National Investment Commission to simplify the investment process by clarifying the legislation and improving the quality of services in the licensing process,
registration and allow the allocation of land and aims to provide investment applications in hand and one easily accessible, as well as the establishment of units for the exchange of information enables investors get answers to all their questions and inquiries,
let alone grant investors a preliminary approval provide them with facilities in the areas of partnership for Local market information – sectors and investment incentives. attract masses of cash and returned expert Antoine to say: to attract the masses of cash to banks will rid the country of foreign borrowing and its consequences ,
as well as enable it to create a cash substitute for borrowing and that there were benefits will remain at home, and reflected positively on the citizens with the need to take into account the focus on this block to be invested in investment issues and not a consumer. he concluded by saying but that requires speed up the enactment of the deposit Insurance Law, it is sponsor encourage citizens to save in banks.
http://www.alsabaah.iq/ArticleShow.aspx?ID=111858
[tlm724] he concluded by saying but that requires speed up the enactment of the deposit Insurance Law, it is sponsor encourage citizens to save in banks.
[tlm724] only way it will work !
http://www.bondladyscorner.com/t164041-antoine-calls-to-attract-money-chunky-among-citizens
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The Washington Post: Iraq’s reserves could fall to $ 43 billion .. fiscal deficits on the rise
translation: Range
Each month the Iraqi government paid nearly $ 4 billion for the salaries and retirement of the military and to the large numbers of public sector employees. But with the adoption of the government in more than 90% of its revenue on oil, and with the collapse of oil prices, this revenue Atsd more than half of those salaries.
The United States is trying to make sure Iraq ‘s ability to continue in military spending at a time trying to international loans and is prescribed in the plan austerity. However , some officials and analysts say that the Iraqi government may suffer the end of this year to pay 7 million employee salaries public, which could fuel a wide unrest.
With oil prices hovered around $ 30 a barrel, the whole region is forced to cut budgets and reduce the aid granted by the painful adjustments other. But for Iraq, the collapse came amid a war undermine its stability, there are lists for the reconstruction of the cities that were destroyed, and help the 3.3 million displaced people inside.
At a time when the state is facing the specter of bankruptcy, Prime Minister Haider al – Abadi is trying to tackle corruption and increase government revenue in ways that sometimes seem not familiar. He says the appearance of the benefit of the economic adviser to the prime minister , “we have to fill the gap but it is measured now and cash flow is very slow. Cow cash – old carried them milk.”
In recent weeks , Muqtada al – Sadr to mobilize tens of thousands of demonstrators in central Baghdad to demand reform is increasing the pressure on al – Abadi. These demonstrations echo the summer protests that came out to the streets to protest against government corruption and lack of services.
And today asked the public to pay more for these services has been reduced, while 3% of the salaries of state employees. Sadr said in his speech to the crowds last Friday , ” the day the corrupt government asks the people of austerity, and because of the unknown fate trillions,” adding that the demonstrations seeking to “save Iraq from looters.”
Every day , Iraqis face new wages; Hospitals – which was free a long time ago – calling for symbolic wages even visitors of the sick, and there are plans to increase electricity fees, and in the southern city of Basra traders protest against the setting Kmarkip new fees.
he says horses carpets, a researcher at the Iraq Institute for economic reform for the wage increase, “this does not fit in wartime because it affects the morale. ”
in the month of December the World Bank signed an agreement with Iraq to lend $ 1.2 billion to help it offset the decline in oil prices and security costs associated with fighting Daash. But Abadi says that the government collect money from any possible source.
He expected Iraq to be this year ‘s budget deficit of $ 25 billion based on the price of a barrel of oil to $ 45, but the benefit of appearance say that the deficit may be twice that number.
To deal with this situation on the near term, Iraq indulge in foreign reserves expected to fall to $ 43 billion this year after it was $ 59 billion last October. While cross – Abadi was confident the government ‘s ability to overcome the crisis, some seem more pessimistic in.
He says one of the officials in the West declined to be named . “They Istnvdon precautions faster than expected, which can lead to a point where it is difficult to continue to import and manage the country ‘s economy.”
Iraq seeks more funding for the international Monetary Fund after receiving an emergency loan of $ 1.24 billion last year.
for its part offers the United States a loan of $ 2.7 billion for military spending, also it lent money to Germany , Iraq , more than 500 million euros (559 million dollars) for reconstruction. the
Iraqi government is trying to issue bonds and treasury bonds, but the bonds issued last year stopped because of the high yields demanded by investors.
at the same time the Iraqis that their leaders are stealing the country with impunity complain. Over the past month caused MP Mishan al – Jubouri, a member of the Parliamentary Integrity Committee charged with monitoring corruption, with much fanfare when he admitted taking bribes in millions of dollars ,
saying of the Iraqi channel , “Every one of us has a role in corruption”, and when asked by axes “you taken a bribe?” Replied , “I swear by my honor that I took a bribe , ” he said , adding that at least he continued his work inquisitorial.
Trying Abadi move against graft, where the four officials referred to the court last month on charges of corruption, but with the prospect of losing a strong personalities and rampant graft at all levels of government , the challenge may be great.
he says in favor of the prime minister ” is not easy to change 12 years of waste and corruption between day and night, but he is trying (Abadi).”
horses and believed that the government may be involved with some scratches in the current year but will face great difficulties if continued falling oil prices up to 2017, says : “if the government can not pay salaries , there will be strikes and breach of the law and order.”
says Abadi that there are some positive changes will come with the crisis – an opportunity for economic reforms and economic diversity as long as the country needs it. The industry has been hobbled by years of international sanctions against Saddam Hussein, while the looting of more country factories in the looting that took place during the US invasion in 2003.
With a few jobs in the private sector, the Iraqis are accustomed to government jobs where workers do not produce more than 15 minutes a day on average, according to Saleh , “everyone in Iraq is seeking to lunch and bed and free breakfast.”
in an effort to diversify in recent months , some of the old Iraqi factories began to work again for the manufacture of cigarettes, soft drinks and leather products. But even these new efforts are under because of the complexity of the political bickering and accusations of corruption and the quality of products. He said one of the demonstrators last week , “This country is rich, but they are asking the poor to bear the burden of corrupt government ‘s mistakes.” LINK
[tlm724] At a time when the state is facing the specter of bankruptcy, Prime Minister Haider al – Abadi is trying to tackle corruption and increase government revenue in ways that sometimes seem not familiar. He says the appearance of the benefit of the economic adviser to the prime minister , “we have to fill the gap but it is measured now and cash flow is very slow. Cow cash – old carried them milk.”
[tlm724] economic adviser to the prime minister , “we have to fill the gap but it is measured now and cash flow is very slow. Cow cash – old carried them milk.”
[tlm724] lol
[tlm724] sorry just thought him referencing a cash cow was funny
[cstacy] lol
[tlm724] to fall to $ 43 billion this year after it was $ 59 billion last October. While cross – Abadi was confident the government ‘s ability to overcome the crisis, some seem more pessimistic in.
[tlm724] it may fall that low, hard to say at this point
[tlm724] says Abadi that there are some positive changes will come with the crisis – an opportunity for economic reforms and economic diversity as long as the country needs it. The industry has been hobbled by years of international sanctions against Saddam Hussein, while the looting of more country factories in the looting that took place during the US invasion in 2003.
[tlm724] Abadi that there are some positive changes will come with the crisis – an opportunity for economic reforms and economic diversity
[tlm724] the question remains does Iraq have what it takes to make positive changes ? I think they do
http://www.bondladyscorner.com/t164046-the-washington-post-iraq-s-reserves-could-fall-to-43-billion-fiscal-deficits-on-the-rise
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Kurdish lawmaker: Abadi agreed to share the Kurds ministerial change and will support the region financially
March 7, 2016 14:28 Vice said the coalition of Kurdish blocs that Prime Minister Haider al-Abadi agreed to grant share of the Kurds in the forthcoming cabinet reshuffle and he would launch an initiative to bring out the Kurdistan region and help from the financial crisis. ”
He said the JI Bloc chairman Ahmed Haji Rashid, who attended the meeting of the heads and a representative of the Kurdish blocs in parliament with Abadi latter’s office yesterday evening that “the meeting discussed a number of important topics, including the differences between the KRG and the federal government,
In this regard, the Prime Minister expressed his willingness to launch an initiative towards the Kurdistan region, which is assisting the region in the economic sphere and take out the Kurdistan region from the financial crisis afflicting. ”
He said Rashid “We also discussed the reforms conducted by the Prime Minister, and the need to be holistic file, we emphasized the need to be Kurds 20% in the government, and the Prime Minister agreed to this proposal, as we have agreed to put forward several candidates to fill ministerial posts in order to be prime minister free in the selection of the candidate who suits him in the government work. ”
He said Kurdish lawmaker “We also talked about the need to be for the Kurdistan region’s share of foreign loans given to Iraq and expressed Abadi is ready to exchange the Kurdistan region proportion of these loans on condition that the province provides guarantees to repay these loans jointly, as we talked about entitlements peasants of Kurdistan, and in this topic also Abadi confirmed approval of the disbursement of these funds. ”
He said MP Ahmad Haji Rashid “We put forward the subject of treatment of the injured chemical weapons, and we went back and studied Abadi treat those wounded at government expense.”
http://burathanews.com/news/288010.html
[tlm724] Prime Minister Haider al-Abadi agreed to grant share of the Kurds in the forthcoming cabinet reshuffle and he would launch an initiative to bring out the Kurdistan region and help from the financial crisis
http://www.bondladyscorner.com/t164051-kurdish-lawmaker-abadi-agreed-to-share-the-kurds-ministerial-change-and-will-support-the-region-financially
