International Monetary: Iraq are optimistic to exceed the financial crisis

 


4/27/2017 0:00

Amid large government reforms hailed 
Baghdad / Alaa al – Tai
expressed the International Monetary Fund ( IMF ) is optimistic to go beyond Iraq ‘sfinancial crisis, at a time when the new World Bank support for the country , revealing theallocation of $ 9 million for gas investment in it.
The Iraqi delegation concluded talks with the IMF and the World Bank within what isknown as »Spring Meetings» which lasted for days in the US capital Washington.
A statement by the Ministry of Finance, followed the «morning», that « the delegation agreed with the representative of the International Monetary Fund for the Middle East and East Asia Christian nut, at the end of the talks , chaired by the Iraqi side, Minister ofFinance Agency Abdul Razzaq al- Issa and in the presence of Prime Minister forFinancial Affairs Advisor to the appearance of Mohammed Saleh and a number of financial and electricity, with the participation of the Iraqi ambassador in Washington ,Farid Mustafa and officials of the ministries, the completion of meetings and joint coordination to contain the difficulties of the financial crisis. »
He nut, according to the statement «optimism about the level of understanding achieved and progress with the Iraqi government», stressing that « the joint coordination and consultations will be completed in the near term will contribute to addressing the financial problems posed by the circumstances of war and its attendant economic implications that steps».
President of the International Monetary Fund Christine Lagarde also stressed theimportance of government reforms, expressing optimism the exit of Iraq from the financial crisis during the next term.
In turn, Saleh said in an exclusive interview with »Sabah», that «at the level of readiness credit program with the IMF , there are two issues, the first: the ability to continue and develop the energy sector in a complex market conditions and suffered severe crises, while the other is prudent financial management that enabled the country overcome thefinancial plight over the oil revenues degradation, as well as large expenditures in thebudget, which contributed to crush terrorism and liberation of man and the earth .. and finally the success of the price system and the stability of the general price level and theability to balance by maintaining the level of security of the international reserves of Iraq. »
This comes at a time when the new World Bank ‘s support for Iraq ‘s economic reforms and development through an integrated financial management system, praising the Iraqi government steps in the field of resource management.
The statement said that « the World Bank representatives assured the Iraqi delegation that« economic reforms represent the need for prime access to an integrated system for the management of the financial operation of the state at the federal and local level », pointing out that« the meeting made it clear that a significant percentage achieved by theIraqi institutions in this field .. What gives an area appropriate to the World Bank to support the budget and reconstruction projects within the time limits required to achieve its objectives. »
According to the statement , the World Bank has been welcomed by »steps the Iraqi government in the field of resource management and the development of visions ofreform in coordination with international organizations and financial institutions.»
Alissa was announced earlier that the World Bank expressed its readiness to allocate nine million dollars to support the associated gas investment in Iraq.
He said in a statement issued on the sidelines of the meetings that « the Iraqi government will intensify the work of the joint committee between the ministries of finance, electricity and oil to activate the associated gas investment and benefit from it in theoperation of electric power projects.» Iraq resolves in the eleventh place among thenations of the world ‘s rich natural gas reserves of proven about 112 trillion
cubic feet.
In turn, the price of the Iraqi delegation Bank and the position of the Fund forinternational support of the country, and stressed orientation of the Iraqi government and its willingness to deal with remnants of war and the development of scientific programs for the next stage start of reconstruction does not end with education systems and job creation and the development of technical skills}.
The World Bank promised to continue to support funding for programs to promote the various infrastructure and reconstruction.

http://www.alsabaah.iq/ArticleShow.aspx?ID=135988

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Next Saturday .. Abadi will announce the liberation of Mosul in full

 

Baghdad – Journal News

Sources close to the Prime Minister Haider al-Abadi said that “the next Saturday (April 30, 2017) will be the beginning of the return of the city of Mosul and the liberation of Iraq completely from the organization calling the terrorist.

The sources pointed out to the “Journal News” that the Iraqi flag will be raised and the last bullet fired by Abadi, “noting that” the areas that are under the control of a few and very near the corner of liberation. “

A member of Nineveh province council Hossam al-Abbar told “The Journal News” that “the old Mosul and the existence of the Grand Mosque of Nuri al-Kabir, one of the symbols of the city from which the so-called caliphate was launched and which is the start of the so-called” Islamic state ” Security forces. “He pointed out that” the security forces managed to defeat the terrorist organization, in a number of neighborhoods, including the Al-Tanak district or Chechnya, and left the cemetery and industries and Liberation neighborhood adjacent to the neighborhood of July 17, or what is known as Street 60, completely surrounded by the ninth division and the Abbas military Affiliate of For popular mobilization. “

“The end of the liberation of the old Mosul will be a semi-final resolution to announce the liberation of Mosul in full, because it is the most dangerous area of ​​military operations,” said security expert Ahmed al-Sharifi, “The Journal News,” that “the data indicate that the battles of resolution are close “This is the best proof that the liberation of Mosul will take place within the next few days.” On the visit of Speaker Salim al-Jubouri on Wednesday to the right-hand side of Mosul, al-Sharifi said that ” Prove the political presence finished A comprehensive declaration of victory and liberation of the city soon.

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“The Journal News” exclusive to publish the details of Iraq’s talks with the International Monetary Fund

 

Baghdad – Journal News

The Prime Minister’s Advisor Dr. Mohammed Saleh said that the recent consultations with the International Monetary Fund ended with great success and represented an important step forward for the meeting of the Executive Board of the Fund on July 14 to approve the launch of the second review of the Preparedness Agreement (SBA).

The World Bank has promised to continue its support for various financing programs to promote infrastructure and reconstruction within the program of loans or financing the so-called development program, whether from the World Bank itself or the contributions of donor countries, especially the Group of Seven industrialized nations.

Saleh said in an interview with the Journal News that “the International Monetary Fund has some details of the calculation of the cost of building the model in the stability of Iraq’s macroeconomic over the next period, he wants to complete this information, especially in the subject of electricity sector.”

Saleh pointed out that “the SBA loans are spread over a period of 36 months at about $ 5.3 billion, and a similar amount for the same period of World Bank loans and concessional parallel financing for the G7.”

Saleh added that “sources of external funding to fill the deficit gap in the budget of 2017, $ 3 billion, distributed between 50% of the contribution of the Fund within the total loan of $ 5.3 billion, and the second half contribution of the World Bank and some countries of the G7, which represents parallel funding For the World Bank loan, all of which will be withdrawn in the second half of 2017. “

Saleh pointed out that “the recent consultations in Washington, with the International Monetary Fund and the World Bank, went positively despite some technical details, and it is hoped that Iraq will receive grants and soft loans of more than $ 3 billion during the year 2017 to support the budget Reconstruction and investment projects in infrastructure. “

“The important thing in terms of the credit program with the IMF is the first ability to continue and develop the energy sector in complex market conditions suffered severe crises and the other is the wise financial management that enabled the country to overcome its financial plight due to the deterioration of oil revenues as well as large expenditures In the budget, which contributed to the crushing of terrorism and the liberation of man and land and finally the success of the price system and the stability of the general level of prices and the ability to balance that conservation by the level of security of Iraq’s international reserves.

The delegation concluded its discussions with the International Monetary Fund and the World Bank in the spring meetings in Washington. The advisor of the Prime Minister Dr. Mazhar Mohammed Saleh participated in the delegation headed by the Minister of Finance and Dr. Abdul Razzaq Al-Issa and attended by a number of officials of the Ministries of Finance and Electricity. Mostafa.

The Minister of Finance and Dr. Abdul Razzaq Al-Issa, the World Bank is ready to allocate nine million dollars to support investment and development in the field of gas accompaniment.

Al-Issa said during the spring meetings of the International Monetary Fund and the World Bank in Washington that the Iraqi government will intensify the work of the joint committee between the ministries of finance, electricity and oil to activate the investment of gas associated with and benefit from the operation of electric power projects, noting the readiness of the World Bank to provide a grant of nine million dollars to support projects and studies For the associated gas investment in Iraq.

The World Bank’s representatives pointed out that economic reforms were a key requirement for an integrated system to manage the state’s fiscal process at the federal and local levels, the Finance Ministry said in a statement.

She added that the participants pointed out that the proportion of the task achieved by Iraqi institutions in this area, gives the appropriate room for the World Bank to support the budget and reconstruction projects within the time limits to achieve its objectives required.

The Bank welcomed the steps taken by the Iraqi Government in the field of resource management and the development of reform visions in coordination with international financial organizations and institutions.

The World Bank stressed that Iraq is the most important countries in the region and that his support will continue to overcome the crisis.

During a meeting with the Iraqi delegation, World Bank Vice President for Middle East and North Africa Hafez Ghanem said the World Bank was committed to Iraq to provide the financial requirements for reconstruction in liberated areas.

The World Bank team said that the reconstruction of these areas and the acceleration of the implementation steps will be established for continuous support in the light of what is needed and what the Iraqi government needs.

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Warning shots from a US ship on an Iranian military boat in the Gulf

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Warning shots from a US ship on an Iranian military boat in the Gulf

 

26-04-2017 04:24 PMThe Euphrates –

A US warship fired warning shots at a compound of the Iranian Revolutionary Guards, which approached it in the waters of the Gulf region, a US military spokesman said.

Lieutenant-General Rick Chernitzer said the US destroyer USS Mahan faced “unprofessional behavior” by the Iranian boat after it approached it up to a distance of 1005 meters, adding that the Iranian boat had moved away after several warning shots.

Gulf waters have seen similar incidents with Iranians, particularly in 2015 and early 2016, before falling. The US Department of Defense counted 23 incidents in 2015 and 35 in the first half of 2016, most of which dates back to August 2016.

Iran’s Revolutionary Guard boats are regularly approaching US ships in the Gulf waters and the Strait of Hormuz and do not answer radio communications by US ships and do not reveal their intentions.

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Asadi emphasizes that “Daesh” dying with the liberalization of the urban

 

Security scene Wednesday April 26, 2017 at 15:56 pm (540 views)
Asadi emphasizes that “Daesh” dying with the liberalization of the urban

 

BAGHDAD / Sky Press:

Said a spokesman for the popular crowd Ahmed al-Asadi, Wednesday, evacuate 2500 civilians displaced from villages that have been edited, and while pointing out that the liberalization south of Mosul, the urban process will not drag on too much, he noted that “Daesh” dying with the liberalization of the urban.

 

Asadi said in a press conference held in the parliament building and attended by “Sky Press”, the “popular crowd forces for the second day completed its operations to liberate the urban south of Mosul spend,” noting that “the crowd forces approached a lot about urban and liberated five villages.”

Asadi said, “it was yesterday, was liberated 12 villages to rush a depth of 13 kilometers towards the urban archaeological,” stressing that “the brigades, the crowd set off different axes, and directorates and Alsnov support for the crowd, and with support from a large military aviation.”

He said al-Asadi said the “liberated villages for today is a village monkey east of the urban and Saadia and the village of Um Craze and Ghanem Al-Awad south of the urban and village forestry north of the urban”, pointing out that “yesterday was freed one of ammunition stores and today edit the second store east of the urban”.

He said al-Asadi that “were killed dozens of terrorist elements Daesh and processing packages and the destruction of tank bomb and the bombing of two wheels bombs,” explaining that “were evacuated 2500 civilians displaced from villages that have been edited and transferred by the popular crowd Directorate, where he was providing medical aid by the medical crowd and assistance for the necessary needs provided by the crowd before being transferred to the camps. ”

Asadi said that “the urban liberalization process did not drag on too much,” adding that “Daesh is dying with the liberalization of the urban”.

The media announced that the popular crowd Directorate, on Wednesday, the liberation of the urban archaeological city in Nineveh.

The popular crowd forces said, on Tuesday, the start of operations, “Muhammad is the Messenger of God” to liberate the urban and surrounding areas south of Mosul, the judiciary, stressing that the Iraqi Army Aviation believes in full air cover advanced forces.

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Rasheed Bank: Form {kyc} ensure the safety of customer funds

 

History of edits:: 2017/4/26 16:260 times readable
{Baghdad: Euphrates News} Rasheed Bank announced that the form {kyc} put forward to ensure the safety of customer funds.
The Information Office of the Rasheed Bank said in a statement the agency {Euphrates News} received a copy of it today that “form {Know Your Customer} , announced recently appeared to work out the form to ensure the safety of customer funds from any suspicions of money laundering where he assured his customers and urged them to fill in the form and which determines whether the source of deposits in dinars or the dollar. ”
He added that ” the bank and in the face of earlier branches to receive all customers to open savings accounts regardless of witness identification and geographical area that was in place previously , ” .anthy

 

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Urgent popular crowd frees the ancient urban city

 

History of edits:: 2017/4/26 15:2162 times readable
[Oan- Baghdad]
popular crowd forces liberated urban ancient city north of the urban center west of Mosul eliminate terrorist Daesh gangs.
According to a statement to inform the crowd received by all of Iraq [where] a copy of it, that liberation came “after fierce battles with the enemy inside the archeological city.”