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Tishwash: A decisive agreement that solves the crisis … Passing the borrowing law and launching salaries next Monday

An informed source said, Wednesday (November 4, 2020), that the House of Representatives will vote on a bill to .finance the fiscal deficit, next Monday The source said in an interview with (Baghdad Today), “The fiscal deficit law, or what is called (borrowing), will be “.passed next Monday within the House of Representatives

He added, “The salaries will be disbursed on the same day that the vote on the law submitted by the Ministry of “.Finance is done

He pointed out that “these data come after the government and parliament agreed to proceed with the legislation of the law and solve the crisis of late salaries,” without disclosing the conditions for passing the law, or the exact amount .for borrowing It is scheduled that the House of Representatives will hold its session next Saturday, after the inclusion of a discussion .and reading paragraph of the Fiscal Deficit Financing Law on its agenda

The Minister of Finance, Ali Allawi, confirmed, earlier, that when parliament votes on the borrowing law, employees’ .salaries will be paid directly, but if the law does not pass, the salaries will likely be distributed after two weeks Yesterday, Tuesday, Ahmed Mulla Talal, a spokesman for the Prime Minister, Mustafa Al-Kazemi, said that the latter .had contacted the political blocs in order to complete the vote on the borrowing law, so that salaries would be paid   link

TishwashAl-Nasr: Al-Abadi will be one of the strong contenders to take over the premiership in the upcoming elections

The victory coalition, headed by Haider al-Abadi, suggested, on Wednesday, that the latter would be a strong competitor to take over the premiership in the upcoming elections.

A member of the coalition, Aqeel Al-Rudaini, said about his entry into the next electoral contest: “We find there is an acceptance of Al-Abadi’s approach, as it came to power at a very critical time, as a third of Iraq was occupied and the oil market deteriorated below $ 25.”

Al-Rudaini added, “The Iraqi army was called al-Safawi once, and al-Maliki’s army once, and the situation in Iraq was bad externally, and we do not have money in the treasury and received from al-Maliki $ 140 billion. He received 3 billion, which does not represent a month’s salaries for employees, but despite that he did not delay paying their salaries and managed things with high professionalism.” So today, when his name is presented to the masses and on the street, we find it acceptable. ”

A member of the coalition stressed that “Al-Abadi will be one of the strong competitors to lead the prime minister in the upcoming elections.”    link

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Tishwash:  More than 30 investment projects for Iraq, in partnership with Arab countries

The Iraqi Fund for External Development revealed that there are 30 joint investment projects with a number of Arab countries.
“Iraq has 30 investment projects with a number of Arab countries and in all sectors, including the agricultural and livestock sectors, including mining, including transportation, navigation, oil services and communications,” the fund said in a schedule seen by “Al-Iqtisad News.”

He added, “These investments ranged from Iraq’s percentage between 0.5%, which included the Saudi Arabian Fisheries Company, and 50%, including the Arab Iraqi Company for Dairy Production, in addition to the Arab Investment Company in Saudi Arabia, the Iraqi Jordanian Company for Industries in Jordan, and the Iraqi Company. Syrian Shipping and the Iraqi-Jordanian Bahaus Company

She pointed out that “there are other investments with Sudan to produce vegetables and agricultural crops at an investment rate of 12.5%, the National Company for Industries and Mines with Mauritania and the Gulf Aluminum Rolling Company with Bahrain.”

It is noteworthy that the objective of the fund is to grant development projects in Arab and developing countries medium or long-term loans on easy terms, while giving preference to projects of a vital nature for the country or country concerned, in addition to contributing to development projects, especially of an investment nature, with preference given in this field. For projects characterized by Arab economic integration   link