Putin and Trump discuss by telephone to coordinate efforts in the fight against terrorism

02/05/2017 22:37:00


Khandan – Russian President Vladimir Putin held on Tuesday, atelephone conversation with his US counterpart , Donald Trump, thetwo sides discussed the work on the settlement in Syria and the fight against terrorism coordination.

In a statement issued by the Kremlin agency reported (sputnik Russian), he “took place a telephone conversation between Vladimir Putin and President of the United States Donald Trump. It was a full discussion of a package of pressing issues on cooperation between the two countries at the international level. Emphasis was placed on the coordination of efforts between Russia and the US United in the fight against terrorism in the context of the Syrian crisis. ”

As during the dialogue the two presidents agreed to “coordinate efforts between the two foreign ministers to search for options allow thestrengthening of the cessation of hostilities system, and make it stable.”

The statement said, ” The goal is to create conditions for the start of the process of a real settlement in Syria. This means that the Russian and US foreign ministers will seek to inform the two leaders urgently on the progress made in this process.”



International Monetary requires regular taxes strengthening and collection for the disbursement of the new loan

Journal May 2, 2017 Add comment 24 Visit
BAGHDAD Journal News 

revealed the beginning of a financial source for “Journal News”, that representatives of the International Monetary Fund, told Iraqi officials that the second review of the standby credit agreement is complete and the consequent release of a new batch amount of $ 840 million, representing a new batch of loan the Fund depends on the regular tax collection and strengthening of the country, and to make sure Iraq was serious in moving in this direction.
The source said in a statement singled out by the “Journal News”, that “some officials motivated harassment and electoral bids statements, regarding economic reform measures, still pose damage to talks with international organizations.” 

Discussed by representatives of the Iraqi private sector with a delegation from the International Monetary Fund, the recent approval of a loan for Iraq to pay off the arrears to contractors and suppliers of Iraqis and peasants, and the ways to solve this problem, given the importance in stabilizing the economy.
He asked the deputy head of the International Monetary Fund for the Middle East and Asia Christiaan nut at the meeting , which was held in Baghdad , ” the possibilities that increase state revenues, including taxes and activate those imposed on non – oil products.” 

He pointed out that “customs duties ranged between 5 and 10 percent,” returned it “is not the proper way in which the customs revenue pool”.
He stressed the need to “change the way up to 30 percent.” 

He said that “faster gains and revenues resulting from the regulation and taxation unit, and these significant revenue achieved as imposing on a slide adult merchants.”
Nut and called for a “hiring freeze until the development of management, because the high proportion of staff in the civil service was a way to satisfy some of their employment without regard to efficiency, this system will lead to a deficit over the next ten years.” 

He drew attention to ” the problem of the weakness of the banking sector and the importance of strengthening business through Rafidain Bank restructuring and good government, and wide open space in front of private banks with the need to assess the weaknesses and the correct foundations for the fight against money laundering, it can resort to the Integrity Commission and specialized organizations.”
He noted ” the progress achieved by the Office of Financial Supervision in the audit of transactions audited.” 

She said economist Ibrahim al – Baghdadi , in an intervention that Iraq “began levied customs tariff , which increased its resources in some customs ports to more than 30 times, and the collection of electricity increased 20 times, and referred the Ministry of Electricity to collect electricity fees on companies under investment contracts, and began to appear positive results. ” 

He stressed that ” the payment of dues will move the market wheel handles weak cash liquidity in the markets, which affected the individual and small business income level.”
The head of the Federation of Iraqi Contractors Ali Snava, ” the launch of arrears of transactions audited by the Office of Financial Supervision.” 

He said that the “Union of Contractors comprises 34 thousand contractors, and gets a large part of their suffering in the tax calculation stage, because the amounts of tax deductions reserved to the provinces.” Promised economic researcher Lubna al – Shammari, that ” the banking sector reform is a gateway to various investments to Iraq.”
The informed sources revealed the axes of the meetings of the Ministry of Finance with the World Bank , held in the United States recently, saying they patrol before granting Iraq a share of the loan by $ 450 million, pointing out that the meetings will continue every 3 months until Iraq gets a loan full payments for up to 5 billion and $ 400 million next year. 

Government sources said, ” The Iraqi Ministry of Finance meetings with the World Bank held in Washington , is a third patrol nine months ago.”
The sources added that “Iraq has already agreed with the International Monetary Fund and the World Bank to obtain a loan of up to $ 5 billion and $ 400 million , repayable over three years.” 

She noted that “the lender required on Iraq , carrying out a number of reforms for the purpose of completing pay these amounts.” 

The sources confirmed that ” the last meeting was held three months ago in the Jordanian capital , Amman , and allocated for the same purpose , ” indicating that ” the Iraqi delegation renewed its commitment to the terms of the World Bank that spends payments intended purposes.” 

In turn, the economist said Abdul Rahman al – Mashhadani , in a commentary, said that “the international body seeking to determine the extent of Iraq ‘s commitment to the terms of the loan before granting a new batch.”
Mashhadani said that ” the meetings will remain constant with each $ 450 million and a boost in order to complete the full value of the loan.” 

He added that ” the purpose of the foundation amounts , according to the World Bank is to meet the budget deficit and the balance of payments in Iraq.” 

Mashhadani finds that “periodic meetings are a calendar allowing Iraq to submit a paper explaining its mechanisms to deal with the economic crisis.” 

The economist went on to “another loan to ensure the World Bank is also provided by Britain, France and Canada reached its value to $ 13 billion.” 

It complements Mashhadani , saying that “Iraq has received from this loan -alm_khass for the reconstruction of areas Mahrrh- during the last term of 980 million dollars.”


Vice: United Nations oversees the five-year plan for economic development in Iraq

Last updated: 2 May 2017 – 10:30
Baghdad / Iraq News Network expressed MP for the Kurdistan Alliance in the Iraqi parliament, Najiba Najib, expressed confidence in the implementation of the five – year plan for growth and economic development in Iraq, because they are under the supervision of the United Nations and not the Iraqi government. Said Najib in a press statement today: ” The Iraqi economy needs to grow dramatically, because Iraq is over in recent years , a very severe economic crisis , ” .utabat that ” the Iraqi government in recent years has implemented a five – year plan for growth and economic development, but failed to implement.” the agency Najiba Najib, that “this time is different from its predecessors, because the United Nations oversees the plan, and allocated a large sum to her, to believe that the possibility of the success of this plan.”


The government lifted the bank “TBI” capital by 175%


Economy News Baghdad:
The cabinet voted on Tuesday to increase the capital of Trade Bank of Iraq (TBI) by 175% to 2.75 trillion dinars.
The cabinet said in a press statement “Economy News” received a copy of it, “The Council of Ministers voted in its regular, held on Tuesday, to increase the capital of Trade Bank of Iraq (TBI) from the amount of $ trillion to 2 trillion and 750 billion dinars”
The Iraqi government established after the 2003 Iraqi Trade Bank in order to finance the government trade because of the sanctions and restrictions imposed on the Rafidain Bank and Rasheed.


Kurdistan Regional Government approves strategy to confront corruption

2017-05-02 19:39:00

Khandan – The Council of Ministers of the Kurdistan region during its regular meeting on Tuesday, the strategy to confront corruption.

The Kurdistan Regional Government said in a statement on its official website that the head of the Integrity Commission in the Kurdistan region, presented during the meeting a report on the national strategy to confront corruption in the Kurdistan region, which was prepared by a ministerial committee.

This strategy is the first of its kind and is being prepared to confront corruption as a joint national project at the level of the Kurdistan Parliament, the Judicial and Public Prosecutions Council, the Integrity Commission, the Financial Control Bureau and the Council of Ministers in consultation with civil society organizations and under the supervision of the Westminster British Democracy Organization Corruption in the world, according to the statement.

Anti-corruption mechanisms have been developed at four main levels, consisting of preventing and facing corruption, the rule of law, awareness and continuous training, and coordination and cooperation between the competent authorities on the one hand and civil society on the other.

This strategy will continue for five years and will include a number of annexes, an implementation plan and a review, as well as an evaluation.

The Cabinet of Ministers of the Kurdistan Region agreed during the meeting today on the strategy and stressed its commitment to its implementation and success and thanked the Prime Minister Nechirvan Barzani, the Chairman of the Integrity Commission and his team and that the preparation of this strategy after the start of the Integrity Commission work in the Kurdistan region, The strategy is institutionalized in which all the technical institutions in the Kurdistan region participate.

The head of the provincial government described the stages of implementing and evaluating the developments of this strategy in the mission, pointing out that this strategy has united all previous projects on standing against corruption.

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Document .. Ministry of Finance calls Rasheed Bank to provide revealed his achievements as soon as



Since 02/05/2017 19:18 am (Baghdad time)

Baghdad balances News

Demanded that the Ministry of Finance Rasheed Bank to speed up the implementation of the recommendations of the Board and Kalae ministries and provide them with a report on the achievements loaded with him the legal consequences if the delay in it.

Got / scales News / on the document issued by the Public Policy Department at the Ministry of Finance, addressed to the Rasheed Bank management, the ministry emphasizes the need “to provide the most important achievements”, while carried “Director General of the department concerned, all the legal consequences in the event of backwardness for the provision of data required. ”

The student policy department according to the document, the Bank’s management, based on the recommendations of the agents meeting of the Council, “the form includes the most important achievements of the departments to the bank, at a fixed date specified Tenth of each month, to respond to answer within five days from the date of the book, to prepare the report Monthly and submit it to the General Secretariat of the Council of Ministers on schedule. ”

The document, that “the Director-General of the department concerned, will bear all the legal consequences, in the event of delays to provide the required data.”

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