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Zig’s Place Chat and News Thursday AM 3-18-21

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Butterfly   Member of the Parliamentary Finance Committee: Today’s meeting will set a date for voting on the federal budget

Thursday 18, March 2021 14:43  Member of the Parliamentary Finance Committee, Sherwan Mirza, announced that today’s meeting will set a date for voting on the federal budget.

Mirza said, according to the Patriotic Union of Kurdistan website, that the Presidency of the Council of Representatives will hold a meeting this evening, Thursday, with the heads of parliamentary blocs and members of the Finance Committee to discuss the draft federal budget law for the year 2021.

He added: This meeting will determine the date for voting on the budget, and we in the Finance Committee want to put forward The budget in the House of Representatives is in an atmosphere far from convulsions. ” He indicated that there is a rapprochement between the parliamentary blocs about the budget, and ideas are not far away. All problems can be addressed and the vote on the budget can be addressed ./ End 2

”He explained: The issue of the Kurdistan region’s share is not the only file that has not been resolved in the draft budget bill. The Shiite blocs have notes, and the Sunni blocs also have notes, so the meeting that will be held this evening will decide the fate of the budget.  https://ninanews.com/Website/News/Details?key=894097

butterfly  https://ninanews.com/Website/News/Details?key=894049

The Central Bank warns of fake companies claiming to facilitate loan procedures

Thursday 18, March 2021 09:55  The Central Bank of Iraq warned citizens against dealing with fake companies claiming to facilitate procedures for receiving loans from banks, stressing that it did not grant such licenses to any company or entity.

The bank said in a statement, which the Iraqi National News Agency ( NINA ) received a copy of, that it had approached the security authorities to take legal measures against the aforementioned companies and agencies due to the damage they caused to those dealing with them.

butterfly  https://ninanews.com/Website/News/Details?key=894101

Parliamentary Finance / NINA /: The budget is dependent on an alternative text to Article 11, and the date for voting depends on the meeting of the Presidency of Parliament and the leaders of the blocs

Thursday 18, March 2021 14:54  The Parliamentary Finance Committee confirmed that the draft general budget law 2021 is dependent on an alternative text to Article 11 related to the Kurdistan region’s share, indicating that the date for voting on the budget depends on the results of the parliamentary presidency meetings and the large blocs.

“We are still waiting for the Presidency of the Council of Representatives to set a special session to approve the 2021 General Budget Law,” said the committee’s reporter, Ahmad Al-Saffar, in a statement to the Iraqi National News Agency ( NINA ), referring to the end of the meetings of the Finance Committee to discuss the budget since February 15th.

He added that “the controversy over the Kurdistan region’s share of the general budget has not been resolved yet,” noting that “the Kurdish delegation and representatives of Kurdish blocs are committed to the government text in Article 11 of the General Budget Law.”

butterfly  He explained that “the other blocs that do not agree with the government text, have not yet provided an alternative text, and we are still waiting for the alternative text to study and reformulate it legally within Article 11 of the General Budget Law.”

And on the meetings of the delegation Kurdish negotiator in Baghdad, said al – Saffar said ” the Kurdish delegation is waiting for the text to provide the alternative to negotiate with the political blocs before the vote on the budget” ./anthy5

decided Presidency of the Council of Representatives held a joint meeting with members of the Parliamentary Finance Committee and the heads of political blocs, on Thursday evening , To complete the requirements of the legislation of the Federal Budget Law 2021.

butterfly  https://ninanews.com/Website/News/Details?key=894111

Kurdish deputy to / NINA /: The current budget … the budget for elections and political conflict

Thursday 18, March 2021 15:27  Member of Parliament for the Kurdistan Democratic Party, Dana al-Katib, confirmed that: There are differences between the political blocs on some provisions of the budget that have not been resolved so far.

He told the Iraqi National News Agency ( NINA ) that: The current budget is the budget for elections and political conflict, and there are political parties that do not want to vote on it and others want to vote, indicating that these matters raise many concerns.

The writer added that: The region’s delegation has been in Baghdad for days, and there is agreement between the federal government and the region in paragraphs 10 and 11.

He explained: The issue is now a political dispute, and we hope that solutions will be found through today’s consultations

butterfly  https://www.iraq-businessnews.com/2021/03/18/basra-aqaba-pipeline-may-be-extended-into-egypt/     Basra-Aqaba Pipeline may be extended into Egypt 18th March 2021

butterfly  Iraqi and Egyptian officials have discussed the possibility of extending the Basra-Aqaba pipeline to Egypt.   The matter was discussed at a meeting on Wednesday between Iraq’s Oil Minister Ihssan Abdul-Jabbar Ismail the Egyptian Ambassador to Iraq.

A press release after the meeting said that extending the pipeline into Egypt would be “an important addition and a new outlet for Iraqi oil exports to North Africa”.

butterfly  https://www.iraq-businessnews.com/2021/03/18/iraqi-govt-approves-purchase-of-pfizer-vaccine/   Iraqi Govt approves purchase of Pfizer Vaccine

18th March 2021  The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi.

Following discussions, the Cabinet decided to approve the purchase the coronavirus vaccine from the US company Pfizer, on the basis of the manufacture and supply agreement between Pfizer Export BV and the Iraqi Ministry of Health.

butterfly  https://www.iraq-businessnews.com/2021/03/18/genel-energy-non-exec-to-step-down/

Genel Energy Non-Exec to Step Down 18th March 2021  Genel Energy has announces that after over nine years on the Board, George Rose (pictured), Independent Non-Executive Director, will not be standing for re-election at the forthcoming Annual General Meeting.

The Board will continue to keep its size and composition under review, including the balance between independent and non-independent directors in light of the recommendations under the UK Corporate Governance Code, to ensure the Board as a whole contains a broad range of skills, experience and backgrounds.

David McManus, Chairman of Genel, said:

“I would like to record the Board’s thanks to George for his very significant contribution to Genel over his long tenure as a director, and in his roles on its committees. His guidance and his support have been invaluable. We wish him the best in his future endeavours.”

butterfly  https://www.iraq-businessnews.com/2021/03/17/iraq-aims-for-prosperous-economic-zone-with-jordan-egypt/

Iraq aims for “Prosperous Economic Zone” with Jordan, Egypt 17th March 2021   Prime Minister Mustafa al-Kadhimi has spoken of creating a “New Mashreq”, to harness the broad common interests between Iraq, Jordan and Egypt in order to create a prosperous economic zone that will benefit all countries in the region and in which Iraq would play a major role.

Addressing staff at the headquarters of the Foreign Ministry in Baghdad, the Prime Minister said that, “Iraq also has multifaceted relations with the Kingdom of Saudi Arabia and with all other Gulf countries, and that the Iraqi government is proceeding with several investment projects with these countries in various sectors including agriculture, industry and energy.”

He also pointed out that Iraq concluded a rail link agreement with Iran, which will connect Iraq with northern China and create new economic opportunities.

The Prime Minister added that Iraq must continue with this approach, face internal and external crises, and work to resolve them through multi-track diplomacy that responds to the developments of the new world.

“We have a comprehensive vision for resolving conflicts and building peace, and we call on internal and external parties to play it, and to move together towards achieving a comprehensive and lasting peace” concluded Prime Minister Al-Kadhimi.

butterfly  https://www.shafaq.com/en/Economy/CBI-sales-rose-by-107-in-the-Foreign-Currency-Auction

CBI sales rose by 107% in the Foreign Currency Auction 2021-03-18 04:44

Shafaq News/ The Central Bank of Iraq sales of Foreign currency jumped on Tuesday by 107%.

Shafaq News Agency correspondent said that the CBI sales at the Foreign currency auction increased by 107.5% to reach 68,117,600 dollars at a cut-off price of 1460 dinars, compared to 32,827,000 dollars on Monday.

Our correspondent explained that no cash deals were made, while all the sales went to boost funds abroad in the form of transfers and credits, with 15 banks meeting those requests.

butterfly  https://www.shafaq.com/en/Economy/Dollar-exchange-rates-in-Iraq-0-3

Dollar exchange rates in Iraq 2021-03-18 03:03  Shafaq News / The dollar exchange rates jumped slightly in the Iraqi market today, Thursday (March 18, 2021).

  • The Kifah Stock Exchange recorded 145,825 dinars, for $ 100.
  • The Al-Harthiya Stock Exchange recorded 145,850 dinars for 100 dollars.

In Baghdad  Selling prices in the banking stores in the local markets

  • Sale price: 146,250 dinars for $ 100  • Purchase price: 145,250 dinars for $ 100

In Erbil  Selling prices in the banking stores in the local markets

  • Sale price: 145,800 dinars for $ 100  • Purchase price: 145,500 dinars for $ 100

butterfly  https://www.shafaq.com/en/Iraq-News/The-Parliament-will-vote-on-the-federal-court-and-the-budget-bills-today-MP-says

The Parliament will vote on the federal court and the budget bills today, MP says   2021-03-18 05:09  Shafaq News / The Parliamentary Finance Committee announced today that a session will be held to vote on the Federal Court bill.

A member of the Parliamentary Finance Committee, Shirwan Mirza, told Shafaq News agency, “The Parliament Presidency will hold a meeting with the heads of political blocs and members of the Finance Committee to discuss the articles of the general budget law for the current year.”

He added that all the political blocs tend to vote and solve the Federal Court and the budget bills issue today.

However, the Parliament had voted to amend several provisions of the Federal Court Law, after it was unable to overcome differences over three articles in its new draft.

Last December, Baghdad and Erbil reached an agreement on the financial budget that stipulates for the region to deliver 250,000 barrels of oil per day, and half of the border crossings (and other) revenues to the federal government, in exchange for a share of 12.6% in the budget.

The agreement was included in the draft budget, but Shiite political blocs in Parliament rejected it, which impedes its passage in the Parliament until now.

butterfly  https://www.shafaq.com/en/Kurdistan/Asayish-arrests-members-of-a-counterfeit-banknotes-gang  Asayish arrests members of a counterfeit banknotes gang 2021-03-18 06:13

Shafaq News/ The Internal Security Forces (Asayish) busted a counterfeit money gang in Koysinjaq district in the east of Erbil.

The chief investigator in East Erbil’s Asayish said, “our forces seized 1300 counterfeit US dollars earlier this year in Koysinjaq. This gang was dealing with those counterfeit banknotes.”

He added that the Internal Security Forces were able to apprehend four members of the gang, and the investigations are underway to locate two other members on the loose.

On March 15, police department in Soran district, north of Erbil, announced dismantling a gang promoting counterfeit US dollars banknotes.

Butterfly   https://ninanews.com/Website/News/Details?key=894131

Iraqi-Syrian Joint Committee meetings start in Baghdad  Thursday 18, March 2021 16:36

The meetings of the tenth session of the joint Iraqi-Syrian committee began in Baghdad today, Thursday, to discuss ways of economic and commercial cooperation between the two countries.

Trade Minister Alaa al-Jubouri, head of the Iraqi side in the joint committee, said in a speech on the occasion of the start of the talks: “There is a great ambition on the part of the Iraqi government to make these discussions a turning point in the level of bilateral relations in various fields, especially economic, commercial, cultural and scientific fields. ”

Significant points of understanding with the Syrian brothers and points that require consultation and coordination in all fields, especially after the difficult period that the two countries have passed through, which requires the restoration of economic movement, which is an important factor in achieving economic development for both of them.

butterfly  ” Trade: Iraq and Syria have geographical, historical, cultural and social ties, which are catalysts for building common economic spaces. ”

The minister expressed, hope that the verification of these discussions are realistic and sustained results to balance economic between the two countries and the point of a new start to increase the volume of trade agreements and trade – offs and to achieve the sovereign interests of the two. ”

For his part, the Syrian Minister of Economy and Foreign Trade, Muhammad Samer al-Khalil, head of the Syrian side, affirmed that these will be achieved. The meetings Consolidation of bilateral relations, development of means of economic, commercial, technical, cultural and scientific cooperation, in addition to the conclusion of new agreements.

butterfly   The joint bilateral committee meetings will discuss several files in order to discuss the proposals and observations of the ministries and relevant authorities in both countries for the purpose of signing the second joint cooperation minutes, as well as concluding a number of memoranda of understanding and bilateral cooperation programs in various fields on the sidelines of the joint committee’s work. 2 finished

butterfly  https://ninanews.com/Website/News/Details?key=894121

Al-Maliki meets the new Ambassador of the Kingdom of Denmark to Iraq  Thursday 18, March 2021 16:09

Head of the State of Law Coalition, Nouri Al-Maliki, met today in his office the new Ambassador of the Kingdom of Denmark to Iraq, Stage Paolo Piras.

According to a statement by his office, Al-Maliki welcomed Ambassador Peras, wishing him success in his new mission as his country’s ambassador in Baghdad, stressing that Iraq has close relations with Denmark in various fields.

The statement indicated that developments in the political and security situation in Iraq and the region were discussed, and the ongoing preparations for the elections were discussed.

butterfly  Al-Maliki indicated, “The next stage will witness the holding of early elections in Iraq that are transparent and fair, through which a cohesive government will be formed that will lead the process of reconstruction and construction, raise the level of services, restore infrastructure and eliminate unemployment, enhance the positives and avoid negatives and bear the responsibility of preserving the prestige of the state and supporting security institutions To extend security and prosecute outlaws. ”

He explained, “The political forces, in coordination with the government, are determined to create the appropriate conditions for the elections to take place at the specified time.”

butterfly  For his part, “the Danish ambassador expressed his gratitude to the President of the State of Law Coalition for the opportunity to meet with him, praising his distinguished role in strengthening relations of cooperation and friendship between Iraq and Denmark, stressing the historical depth of these relations, especially in the commercial, economic and cultural fields.”

Butterfly  https://ninanews.com/Website/News/Details?key=894122

The Regions Committee hosts the General Director of the Legal Department at the Ministry of Finance

Thursday 18, March 2021 16:11  The Committee of the Regions and Governorates not organized in a region, headed by Representative Sherwan Al-Dobardani, Chairman of the Committee, and the presence of the Legal Committee’s Rapporteur, Representative Yahya Al-Muhammadi, Hamza, General Director of the Legal Department at the Ministry of Finance

During the hosting, “the application of the First Amendment Law of the Unified Pension Law No. 9 of 2014 was discussed, and possible ways to include members of municipal councils whose work was terminated under the Second Amendment Law for Provincial and Districts Council Elections No. 27 of 2019” took place during the hosting.

The Director General of Legal at the Ministry of Finance confirmed, “Studying the issue and giving a legal opinion on it, taking into consideration the letter addressed to the ministry by the National Public Retirement Authority regarding the exception for members of municipal councils.”

butterfly  https://ninanews.com/Website/News/Details?key=894129

Nina’s Alliance of Forces: Some blocs with passing the budget and the Federal Court in one basket

Thursday 18, March 2021 16:34   The Iraqi Forces Alliance bloc confirmed that the delay in approving the General Budget Law 2021 is due to the failure of the Federal Court to approve it.

The deputy head of the coalition, Raad al-Dahlaki, said in a statement to the Iraqi National News Agency ( NINA ) that “there is no sharp disagreement in the general budget law except for simple views that need to be touched and finalized.”

He added, “Some political blocs and parties have concerns that after the vote on the budget law will not be sessions, the Federal Court law will not be legislated, and therefore early elections will not be held.” In mobilizing the quorum of the +1 half to hold the regular sessions of the House of Representatives, and thus the Parliament becomes almost idle due to the progress towards the elections. Therefore, these blocs pushed towards the adoption of the Federal Court law first. ”

He went on to say that “some blocks put forward yesterday a new formula to pass the two laws in one basket, similar to previous sessions, but this needs an agreement first to pass it in one basket, which has not been achieved so far.”

butterfly  And on the more acceptable approach, Al-Dahlaki explained that “the general budget will pass some of its paragraphs and postpone the remaining materials to other sessions later in conjunction with the approval of the Federal Court law, where a session will be held to pass the budget law and another session to pass the Federal Court law and so on, until their enactment.”

The Presidency of the Council of Representatives decided to hold a joint meeting with members of the Finance Committee and heads of blocs in the Constitutional Hall, this evening, Thursday, to complete the requirements of the legislation of the Federal Budget Law for the fiscal year 2021.

Butterfly  https://ninanews.com/Website/News/Details?key=894138

A deliberative meeting for the Presidency of Parliament and the Shiite blocs to discuss the Federal Court Law

Thursday 18, March 2021 16:57  The Presidency of the House of Representatives held a joint deliberative meeting with the heads of the Shiite political blocs at the headquarters of the Badr Parliamentary Bloc, to discuss the Federal Court law.

butterfly https://ninanews.com/Website/News/Details?key=894

During his participation in the Berlin Climate Conference .. Minister of Oil: We are working to develop and increase the production of clean energy to 10 kW

Thursday 18, March 2021 16:18 124  Oil Minister Hassan Abdul-Jabbar Ismail affirmed Iraq’s commitment to the standards and determinants of protecting the local and global environment, and working on developing and increasing production of clean energy. He stressed that: The government’s plans aim to reach the production of (10 kW) from solar energy production projects, as well as to stop burning gas associated with oil operations, thanks to recent contracts with sober international companies to invest gas in the governorates of Basra, Maysan and Dhi Qar. Ismail expressed his hope that during the next few years he would reach agreements and conclude contracts with international companies to invest free gas in the governorates of Anbar and Diyala, noting that the ministry is working to strengthen the relationship with organizations, centers and energy institutes in the world, and to work to provide a safe environment for the work of international companies. And increase investment opportunities.

butterfly  A statement of the ministry quoted Ismail as saying during his virtual participation in the Berlin Climate Conference via the electronic platform that: The government and the ministry’s plans aim to gradually move to the use of clean fuels, including gas, solar energy, wind and others by increasing work space, production and investment in these important sectors and working to reduce the percentage The use of hydrocarbon fuels and fuels, in order to preserve the local environment.

butterfly  https://ninanews.com/Website/News/Details?key=894089

Rasheed Bank warns of fake websites that claim to facilitate the procedures of advances

Thursday 18, March 2021 14:22   Al Rasheed Bank affiliated to the Ministry of Finance warned citizens against dealing with fake websites that claim to facilitate procedures for promoting the predecessor of employees of the Ministries of Defense and Interior.

He stressed in a statement that the Iraqi National News Agency / NINA / received a copy of it, “The introduction of the predecessor by entering the link ( http://bit.ly/2OsWZf3 ) to download the special application.”

The bank called on “all associates whose data were given to the fake sites to review the nearest branch of the bank to take the necessary measures.”

butterfly  https://ninanews.com/Website/News/Details?key=894140

Hisham Al-Suhail to / Nina /: The issue of the budget is political … and it may be resolved at any moment

Thursday 18, March 2021 17:17  Member of Parliament Hisham Al-Suhail affirmed that: The issue of the budget is political and may be resolved at any moment.

He told the Iraqi National News Agency / NINA / that: The crisis lies in the Federal Supreme Court law, which has not been agreed upon between the political blocs until now.

Al-Suhail added: The issue of the budget is different because it is a political issue and may be resolved at any moment. Stressing the importance of justice in the distribution of wealth within its paragraphs.

It is scheduled that the Presidency of Parliament will hold a meeting at 6 pm today with the heads of political blocs to complete the requirements of legislating the Federal Budget Law for the current fiscal year.

18 Mar 21, 09:48 AM butterfly https://shafaq.com/en/Iraq-News/The-Parliament-will-vote-on-the-federal-court-and-the-budget-bills-today-MP-says

The Parliament will vote on the federal court and the budget bills today, MP says

2021-03-18 05:09   Shafaq News / The Parliamentary Finance Committee announced today that a session will be held to vote on the Federal Court bill.

A member of the Parliamentary Finance Committee, Shirwan Mirza, told Shafaq News agency, “The Parliament Presidency will hold a meeting with the heads of political blocs and members of the Finance Committee to discuss the articles of the general budget law for the current year.”

He added that all the political blocs tend to vote and solve the Federal Court and the budget bills issue today.

However, the Parliament had voted to amend several provisions of the Federal Court Law, after it was unable to overcome differences over three articles in its new draft.

Last December, Baghdad and Erbil reached an agreement on the financial budget that stipulates for the region to deliver 250,000 barrels of oil per day, and half of the border crossings (and other) revenues to the federal government, in exchange for a share of 12.6% in the budget.

The agreement was included in the draft budget, but Shiite political blocs in Parliament rejected it, which impedes its passage in the Parliament until now.

butterfly  https://shafaq.com/en/Economy/CBI-sales-rose-by-107-in-the-Foreign-Currency-Auction

CBI sales rose by 107% in the Foreign Currency Auction  2021-03-18 04:44  Shafaq News/ The Central Bank of Iraq sales of Foreign currency jumped on Tuesday by 107%.

Shafaq News Agency correspondent said that the CBI sales at the Foreign currency auction increased by 107.5% to reach 68,117,600 dollars at a cut-off price of 1460 dinars, compared to 32,827,000 dollars on Monday.

Our correspondent explained that no cash deals were made, while all the sales went to boost funds abroad in the form of transfers and credits, with 15 banks meeting those requests.

butterfly  https://ninanews.com/Website/News/Details?key=894141

Parliamentary law by / NINA /: Approval of the Federal Court law is a political agreement

Thursday 18, March 2021 17:29   The Parliamentary Legal Committee confirmed that there is no final agreement yet to approve the Federal Court law.

The head of the committee, Representative Rebwar Hadi, said in a statement to the Iraqi National News Agency / NINA / that “the approval of the Federal Court law is the subject of a political agreement between the leaders of the blocs and is not a legal problem,” indicating that there is no final agreement yet.

He added that “the agenda includes the completion of the vote on the Federal Court Law, but without specifying whether it is the new draft law or the proposed amendment, Order No. 30 of 2005 of the Federal Court Law.”

And the Presidency of the House of Representatives decided to hold the session this evening, Thursday, to complete the vote on the Federal Court law

butterfly  https://ninanews.com/Website/News/Details?key=894143

Muhammad Al-Ghazi to / Nina /: The Federal Court law will be passed according to the number of attendees in the session

Thursday 18, March 2021 17:41   Deputy Chairman of the Parliamentary Legal Committee Muhammad Al-Ghazi confirmed that: The meeting between the Presidency of Parliament and the heads of political blocs ended with an agreement to pass the Federal Court Law according to the number of attendees in the session.

He told the Iraqi National News Agency ( NINA ): If the two-thirds majority is achieved, we will vote on the bill and complete the remaining three articles.

butterfly  https://ninanews.com/Website/News/Details?key=894145

Head of the Badr Bloc to / NINA /: Tomorrow the budget law will be included in the parliament session

Thursday 18, March 2021 17:48   Head of the Badr Parliamentary Bloc, Hassan Shaker Al-Kaabi, confirmed that tomorrow, Friday, the budget law will be included in the parliament session.

He told the Iraqi National News Agency ( NINA ) that: The joint meeting with the Presidency of Parliament today ended with an agreement to include the General Budget Law in tomorrow’s session, Friday, at 1 p.m.

Al-Kaabi added that today’s session will vote on the Federal Court’s law.

Butterfly   https://ninanews.com/Website/News/Details?key=894159

Parliament holds its session chaired by Al-Halbousi   Thursday 18, March 2021 18:59

The House of Representatives held its regular session Thursday evening, chaired by Parliament Speaker Muhammad al-Halbousi, and in the presence of 176 deputies.

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