Iraqi PM Hails “Good Ties” Between Erbil and Baghdad

 

Iraqi PM Hails “Good Ties” Between Erbil and Baghdad

ERBIL — Iraqi Prime Minister Adil Abdul-Mahdi said on Tuesday that the relations between the central government of Iraq and the regional government in Kurdistan Region was “good”.

“We have good relations with the Kurdistan Regional government. We will soon resolve the issues pertaining oil exports,” Mahdi told reporters after a cabinet meeting.

Mahdi was appointed as the Iraqi premier last month. Since then, his efforts have been unfruitful for establishing a full cabinet.

Due to political disputes, Mahdis cabinet lacks eight main ministers while14 are already approved by the parliament.

The prime minister said the vacant positions would be filled “very soon”, without giving further details.

 

http://www.basnews.com/index.php/en/news/kurdistan/480062

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Association of Iraqi private banks organizes economic information workshop

 

 Banks

Economy News _ Baghdad

On Tuesday, the Association of Iraqi Private Banks organized an economic information workshop at the association’s headquarters. 
The economic and economic adviser to the Association of Iraqi Private Banks Samir al-Nusairi during the workshop, and attended by “Economy News”, “The economic media specialist role is important in creating economic stability and beyond to contribute to economic reform and enable and assist the organs and institutions of the state concerned to control the economic problems and dissemination Economic culture and avoid failures because economic media should be a national economic awareness of the word and meaning. “
“The media and the economy are in a multi-faceted and lasting partnership, both on the same front to face the challenges they face together. If we assume that the economy can make successful media, the media can certainly make a successful economy, Media if they have specialized economic leaders and aware of the role of national media. ” 
He pointed out that “the experience of Iraq in this area is considered modern and began after 2003, when the media was in the hands of the state and was directed centrally. Now, the media is moving in multiple directions to the media that serves the direction of the government and the direction of serving parties and political blocs and an independent trend that constitutes a qualitative and quantitative space in life Political and economic situation in Iraq. “
For his part, Spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said that “the economy needs support and support in the promotion, analysis, planning and support in order to deliver a distinguished message to the audience, whether through the press, television or radio or the modern media and social media channels through Twitter and Facebook And YouTube. 
“The economic media, which can provide a meaningful message and serve the economy and economic institutions, will attract an important segment of society that will continue to achieve strategic goals in supporting the national economy and developing the work of productive, financial and banking institutions. Economic. ” 

http://economy-news.net/content.php?id=14363

Iraq ‘s economy votes on a number of economic decisions

 

Iraq votes on a number of economic decisions
 Twilight News    
 one hour ago

Twilight News / The Cabinet held its regular session on Tuesday under the chairmanship of Prime Minister Adel Abdul Mahdi.

There has been an extensive discussion of a number of bills that represent the priorities of the governmental program in the field of legislation, as there are 17 draft law is one of the priorities of the program, and was directed by the Secretariat General of the Council of Ministers to sort out the draft laws agreed during the meeting next week and recommend to the House of Representatives to expedite.

It was voted to grant the status of public benefit to the institution of the House of Iraq for creativity, an exception to the instructions so that the institution can direct the construction of a home for orphaned children for the benefit of the public.

The Council discussed the request to increase the financial allocations and the preparation of the workforce of the Office of the Endowments of Christian, Yazid and Sabean Mandaean in the budget of 2019 and was directed to refer to the committee formed under the chairmanship of the Minister of Finance to study the budget for the study of 2019.

The Cabinet voted on the draft law on mineral investment.

And voted on the draft law of the Supreme Iraqi Navy.

The session witnessed the vote on the draft law on the accession of the Republic of Iraq to the International Convention for the Preparation, Response and Cooperation in the Field of Pollution and Cooperation in the Field of Oil Pollution (OPRC90) of 1990.

The Council of Ministers also voted on the accession of the Republic of Iraq to the network (INSARAG) belonging at no cost provided that the Directorate of Civil Defense in the Ministry of Interior is the national point of contact with the regional group and the secretariat of the network.

@IraqiPMO

 

Prime Minister of the Council of Ministers : Baghdad is witnessing an important economic event represented by the Baghdad International Fair and the participation of 700 international companies and several countries and this indicates the return of stability to Iraq and reassure investors to work in Iraq to achieve the interests of our dear country.

Cabinet prepares 17 bills and send them in a single batch to parliament

 

Editorial Date: 2018/11/13 22:54 
(Baghdad: Al Furat News) The Council of Ministers in its ordinary session held on Tuesday, chaired by Adel Abdul Mahdi, the President of the Council, 17 draft law and send one batch to Parliament.

A statement issued by the Council of Ministers, received by the agency {Euphrates News} a copy of it, “During the meeting was a broad discussion of a number of bills, which represent the priorities of the government program in the field of legislation, as there are 17 draft law is one of the priorities of the program, was directed by the Secretariat of the Council The ministers to sort out the draft laws agreed during the meeting next week and recommend to the House of Representatives to expedite. 
He added that “the vote was also given to the public benefit institution to the Iraqi House for Creativity exception of the instructions so that the institution can direct the construction of a home for orphans children for the benefit of the public.” 
The statement added that “
“The vote on the draft mineral investment law and the law of the Supreme Iraqi Navy,” pointing to “the vote also on the draft law of accession of the Republic of Iraq to the International Convention for the Preparation and Response and Cooperation in the field of pollution and cooperation in the field of oil pollution (OPRC90) 
“The Cabinet also voted on the accession of the Republic of Iraq to the network {INSARAG} belonging at no cost to be the Directorate of Civil Defense in the Ministry of Interior is the national focal point with the regional group and the secretariat of the network.”

The National Bank signs a contract with the World Bank to provide financial facilities of $ 10 million

 

09:49 – 13/11/2018

 

Baghdad Mawazine News

The Iraqi National Bank signed a contract with the World Bank to grant him financial facilities by 10 million dollars, while the Central Bank said that the partnership with international institutions will strengthen the banking system not only, but to provide technical support. 
The head of the National Investment Authority Sami al-Araji, who attended the signing ceremony in a statement received / Mawazine News, “The Iraqi National Bank signed a contract with the World Bank, the financial arm of the International Finance Corporation by granting financial and credit facilities by 10 million dollars to cover the needs of trade “He said. 

“Such contracts are outside the traditional financial guarantees and will give Iraq an international view through such partnerships,” Araji said.

For his part, the governor of the Central Bank of Iraq on the sidelines of the signing of the contract that “this relationship and partnership between the National Bank and the World Bank is an important starting point to reflect the development and progress to form its international relations and stabilize its position with the outside is a vital issue for the banking sector.” 

He added that “any bank without foreign arms can not progress and fulfill its banking services to the citizen,” stressing that “when the relations with banks with important international institutions such as the World Bank, which not only express their capabilities financial support, but also provides important technical support, And the foundation of the institution, which can give the banking sector significant additions. ” 

He added that “

The National Bank of Iraq was established in 1995 as a public shareholding company within the private sector to provide a full range of banking services for companies and individuals in Iraq. In view of the Bank’s success and future growth, the Bank’s capital was increased from KD 400 million upon incorporation to 250 billion Iraqi Dinars (US $ 215 million) in December 2013. The Bank was rated BB by Capital International Ratings. The Bank also received a “good” rating by the Central Bank of Iraq at the Iraqi National Bank currently 12 branches spread in all major cities of Iraq.