US official to visit Iraq next Sunday

– 1/25/2018 7:21:00 AM .

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Khandan –

US Deputy Secretary of State John Sullivan will visit Baghdad next Sunday to discuss the implementation of the strategic framework agreement between the two countries at the diplomatic, political and economic levels.

A member of the Foreign Relations Committee in the Iraqi parliament, Renas Jano, told the newspaper that he will arrive in Baghdad next Sunday and will be received by Iraqi Foreign Minister Ibrahim al-Jaafari, indicating that the visit comes in order to activate the strategic framework agreement between the two countries in diplomatic, political and economic aspects.

He said that Sullivan will hold meetings with the relevant parties in order to reach a formula of agreement between all parties, and to address mechanisms and plans and projects that would activate the strategic framework agreement on more than one level.

“The US side was a key factor in the process of change that took place in Iraq in 2003, so the level of responsibility for this change must be positive.

He pointed out that there are political solutions that can address the real problems that exist in the country for fear of aggravation and diversion to other aspects, adding that the adoption and the advancement of these agreements between Iraq and the United States is a guarantee for the achievement of security and stability.

http://www.xendan.org/ar/detailnews.aspx?jimare=16025&babet=71&relat=8030

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Dr.. Saleh’s appearance underestimates the weight of foreign loans for a low interest rate and long repayment period

 

 Baghdad / Zahraa al-Jassim

Despite the denial of some of the assurances of the Parliamentary Finance Committee repeatedly that the volume of Iraq’s internal and external debt has reached 111.725 billion dollars, the indebtedness burdens the burden of Iraq and preoccupied with many specialists in economic affairs, as it affects the lifeblood of the Iraqi individual as a result of the reduction of expenses and increase Taxes and deductions from salaries of employees, with their negative effects on the economic development of the country.

See how much of the financial resources we need annually to get rid of it? How can we get out of the “B” area, which is rated by international credit agencies and which is economically inconvenient, into the safe area of ​​A? (Range) addressed these questions to d. Appearance of Mohammed Saleh, financial adviser to Prime Minister Haider Abadi to answer.
Q: How much is Iraq’s debt now, including loans? How long can we get rid of the current debt?
For example, in the draft of the budget of 2018, more than 8 trillion dinars have been allocated to meet the internal and external debt service, and these services vary between the years according to the degree of maturity. Some debts pay the principal in installments, in addition to Interest is the same as that of Paris Club sovereign countries at present. Some debts pay only annual interest, but on maturity the debt principal is repaid once, such as the existing commercial debt as per the Paris Club agreement, which was paid for 80% 28, WA What is important is the availability of (fiscal space) in the budget to pay the annual dues with the ability to borrow when needed without increasing the accumulation of debt, which is called the financial enhancement.
How much does this debt affect the economic development of the country and how much of the financial resources we need annually to get rid of it?
Which is good in the ability of Iraq to pay or meet the receivables of debt, and these optimistic indicators will lead to the improvement of the next credit rating provided that the approval of the budget of the House of Representatives in accordance with the requirements of the program of the International Monetary Fund in Iraq / credit readiness launched in July 2016 for a period of three Years, under which Iraq will get a financial umbrella of $ 18 billion, when needed to meet any economic and financial emergency, including $ 5.3 billion, the International Monetary Fund itself, and $ 3 billion from the World Bank to support the budget, and $ 4.5 billion, Of the seven major industrialized countries, and Other countries supporting Iraq in the face of terrorism, as well as the financial difficulties faced by the country since 2014, and most of these loans will be soft and the grant element is high for low interest and throughout the repayment period.
* The international classification made Iraq in Area B “, which is an uncomfortable area of ​​the Iraqi economic situation, according to some, when can we skip to the area” A “and how to access them?
– Yes, indeed, Iraq is now recovering from the financial crisis imposed on it as the security crisis broke out, which ended with victory over the terrorist advocate, but we certainly look forward to the development of the levels of growth and stability of the country, in order to reach Area A in the future, Farat) in the London market, where the interest rate fell because of its high value to be today by about 5% instead of 6% in September.
Iraq has a B / B rating from Standard & Poor’s and Fitch, and it has $ 2.7 billion in international bonds. It is worth 20.8 percent with a coupon of 5.8 percent and a current yield of around 9 percent. In November 2016, Billion dollar bonds on global markets to help reduce the 2017 budget deficit, indicating that the bonds will be sold on two equal tranches of one billion dollars and that the US government will guarantee one, which will reduce the cost of borrowing.
The government is suffering almost entirely from oil revenues to finance its spending since crude prices fell in 2014, the same year that elements of an organization seized on a third of the country’s territory.

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Tomorrow, the ATM opened for teachers and teachers in Dhi Qar

January 24 2018 10:24 PM

Arabs – Archive

Dhi Qar Education Directorate announced on Wednesday the opening of an ATM for teachers and teachers of the province, stressing that this step is the first of its kind in the education of the provinces.

The Director of Education, Riyad al-Omari, said that “the Directorate of Education opens on Thursday ATM for the disbursement of salaries of teachers and teachers in the province, in a move considered the first of its kind at the level of Iraq’s girls.”

He pointed out that “ATM will contribute to the rapid disbursement of salaries of teachers and teachers, without waiting for long hours in the queues on the gates of banks,” stressing that “the notification of salaries will come after 24 of his arrival to banks.”

He explained that “the province now owns 5 ATMs in the Directorate of Education and will apply the experience of payment through ATMs to 750 teachers and teachers in the province.”

“All 500 teachers and teachers will have their own ATM,” he said, noting that “the center of the city of Nasiriyah will contain 45 ATMs.”

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Iraq» to resume compensation of the invasion

2018/01/25 1:08 p

(KUNA) – Kuwaiti Deputy Foreign Minister Khalid al-Jarallah said on Wednesday that Iraq has resumed payment of Kuwaiti compensation for the Iraqi invasion in 1990 and has started paying the installments.

Al-Jarallah told reporters after the participation of the Indian embassy in the country on the occasion of the National Day that the compensation will be paid in cash according to an agreement under the umbrella of the United Nations program until the end of 2021. The

property of Kuwaitis in Iraq confirmed that the property of the citizens are present and preserved and there is contact with the brothers in Iraq On enabling Kuwait to dispose of its property.

The United Nations Compensation Commission announced that the rate of payments from the Iraqi Fund for compensation to Kuwait will increase annually until 2021.

The payments from the Fund was suspended in October 2014 because of the security challenges and difficulties faced by Iraq in its budget.

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Barzani and UN Deputy Secretary-General discuss the latest developments in the dialogue between Erbil and Baghdad

He stressed the importance of the support and participation of Kurdistan in the conference to reconstruct Iraq …

arabic

25/01/2018 – 00:39

News / Kurdistan

Nechirvan Barzani and Jeffrey Feltman

On Wednesday, the head of the Kurdistan Region’s ministers, Nechirvan Barzani, met with UN Deputy Secretary-General Jeffrey Feltman and discussed with him the latest developments in the dialogue between Baghdad and Erbil. He stressed the importance of support and participation of Kurdistan in the reconstruction conference.

Barzani and Feltman met on the sidelines of the World Economic Forum in Switzerland.

The President of the Kurdistan Regional Government, Nechirvan Barzani, also met Wednesday, both the Jordanian monarch King Abdullah II, Prime Minister of Armenia Karan Karaptian, and Iraqi Prime Minister Haider Abadi on the sidelines of the Forum.

Barzani, during his meeting with Feltman, touched on the work of the joint technical committees between the Kurdistan Regional Government and the Iraqi government, with the aim of solving the existing problems between the two sides. He also talked about his recent visit to Baghdad and stressed that the Kurdistan Region is committed to dialogue and resolving differences within the framework of the Iraqi constitution, Region.

With regard to the file of the displaced, Nechirvan Barzani said that the Kurdistan Region has provided great assistance to refugees and displaced people, stressing the importance of support and participation of Kurdistan in the Conference on the reconstruction of Iraq in Kuwait.

During the meeting, the two sides also discussed the issues of accelerating the return of the displaced, the aid of the province to the Christians and Yazidis, and the continuation of such assistance.

http://www.basnews.com/index.php/ar/news/kurdistan/409889

Statement of the Government of Kurdistan: Barzani and Abbadi reiterated their commitment to dialogue according to the Constitution

Twilight News

one hour ago

The Kurdistan Regional Government said on Wednesday that the Prime Minister of the region and the Iraqi Prime Minister Haider Abadi, confirmed their commitment to resolve the differences and outstanding issues between Arbil and Baghdad in accordance with the permanent constitution of Iraq.

This came during a meeting on the sidelines of the economic forum held in Davos, Switzerland, and was attended by Vice-President of the provincial government, Qubad Talabani and the delegation of the region.

A statement to the Kurdistan Regional Government replied to Ashqaf News that during the short meeting they discussed the latest developments on the discussions of the committees formed between the two sides and it was pointed out that the committees continued their work to solve the problems.

The statement added that the two sides affirmed their commitment to resolve the problems through dialogue according to the basis of the Iraqi constitution.

The statement said that it was decided to hold a special meeting between the Federal Oil Ministry and the Ministry of Natural Resources in the Kurdistan Region on how to export oil, which was stopped recently, in order to reach an agreement in this area.

In a statement to the press office of Abadi, the statement said that “the meeting witnessed the confirmation of what was reached in the last meeting held in Baghdad to preserve the unity and sovereignty of Iraq, and that the citizens of the region are part of the Iraqi people, and the importance of the re-activation of all federal authorities in the region, And airports and the continued work of the committees competent to open airports after the completion of all procedures of the return of the entire federal authorities, and that the international borders must be under federal control as an exclusive powers of the federal authority.

The statement of the Office of Abbadi said that “was stressed the commitment to the boundaries of the territory stipulated by the Constitution and the importance of delivering oil extracted to the federal authorities and be the exclusive export of oil by the federal government through the company Sumo, and complete the work of the commissions that review the salaries of staff of the region, Access to eligible employees and subject to the supervision of the Federal Audit Bureau. ”

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http://www.shafaaq.com/ar/Ar_NewsReader/574a31f2-aa28-45ed-bdd3-d993eb82f9c3

Abadi to Najirvan Barzani and Qubad Talabani: All federal authorities in the region must be activated

 

Iraq News Now

21:34

Last updated

The time now is 09:43 PM

Baghdad / Al-Ghad Press:
The Prime Minister, on Wednesday, to Najirvan Barzani and Qubad Talabani, to activate all federal authorities in the region.
A statement to the media office, received “Al-Gharab Press copy” of it, “Haider Abadi met on the sidelines of the World Economic Forum in Davos, Prime Minister of the Kurdistan region of Iraq, Najirvan Barzani, Qubad Talabani, was stressed on what was reached at the last meeting in Baghdad from Preserve the unity and sovereignty of Iraq and that the citizens of the region are part of the Iraqi people. “

He pointed out that “the importance of the re-activation of all federal authorities in the region, including the border crossings and airports, and the continued work of the competent committees to open the airports after the completion of all procedures to return the full federal authorities to them,” noting that “the international border must be under federal control as one of the exclusive powers of the federal authority “He said.
The statement added that “it was stressed the commitment to the boundaries of the region stipulated by the Constitution and the importance of delivering oil extracted to the federal authorities and be the export of oil exclusively by the federal government through the company Sumo,” pointing to “complete the work of the commissions, Speeding up their release and ensuring their access to eligible employees and subject to the supervision of the Federal Audit Bureau. “
The delegation of the Kurdistan region “his commitment to what has been reached.”

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