Parliamentary Finance: We seek to announce the supplementary budget to address the imbalance of the distribution of funds

 

 

Baghdad:

The Finance Committee of the parliamentary, on Monday, its efforts to draft the supplementary budget law for the current year in cooperation with the government to address the imbalance of the federal budget, indicating that the budget will rely on surplus oil funds without the use of external loans.

“The government and the Finance Committee will cooperate in the coming days to discuss the adoption of a supplementary budget to rectify the errors of the federal mona,” said the committee’s chairman, Haneen al-Qaddo.

He added that “the budget will depend on surplus oil funds without the use of foreign loans,” noting that “the budget will include the launch of appointments and the installation of contracts and the launch of service projects lagging across the country.”

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The disclosure of the date of Abdul Mahdi’s visit to Kurdistan .. In his collection these files

 Politics    17.06.2019 19:57  453    Editor: mst     

Baghdad today – Kurdistan

The Kurdistan Democratic Party (KDP) announced on Monday the date of Prime Minister Adel Abdul Mahdi’s visit to the region and the files to be discussed.

The head of the bloc, Vian Sabri, said in an interview with (Baghdad today), “The Prime Minister will visit the Kurdistan region this week, in order to congratulate the President of the region, Nechirvan Barzani, and Prime Minister-designate Massur Barzani.”

Sabri explained that “the visit will not be postponed this time, and will examine outstanding files between Baghdad and the territorial government, including Article 140 and the issue of oil and gas, in addition to the budget, and the issue of continuing to pay salaries to employees.”

A source in the Kurdistan Democratic Party, has revealed on Friday (June 14, 2019), why not attend the Prime Minister Adel Abdul Mahdi to Erbil to congratulate the new leadership in the region.

The source said, in an interview with (Baghdad today), “The Prime Minister Adel Abdul Mahdi, was scheduled to arrive Thursday to Erbil to congratulate the new leadership in the Kurdistan region, but the visit was postponed.”

He added that “Abdul-Mahdi decided to postpone the visit because he wants to achieve goals and goals during which, including resolving the budget and oil, and not only a visit to the protocol only.”

A source in the Kurdistan Regional Government, has revealed earlier on Friday (June 14, 2019), the intention of the new Prime Minister, pleased Barzani, ending the oil file with the federal government.

The source said in an interview with (Baghdad today), that “pleased Barzani wants to end this suspended file, which is repeated annually, and renewed with him the issue of salaries of employees, Peshmerga, and the date of delivery, and cut off from the federal government.”

He added that Barzani will hold an agreement with Baghdad to hand over 250 barrels of oil per day, provided that the federal government pledges to send the budget permanently and do not repeat discussions and negotiations every year.

The Kurdistan parliament voted Tuesday (June 11, 2019) to name Barzani, the head of the Kurdistan Regional Government, a candidate for the Kurdistan Democratic Party (KDP).

On June 10, 2019, Nechirvan Barzani was sworn in as president of the Kurdistan region, in the presence of 1,200 prominent local and international figures.

Relations between Erbil and Baghdad have improved since Abdul-Mahdi took office in October 2018 after an unprecedented tension reached the point of armed confrontation following the independence referendum and the restoration of control by the Iraqi forces over the disputed areas.

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The dollar hit a two-week high as investors awaited the Fed meeting

A man who makes notes from the US dollar at a currency exchange office in the Egyptian capital Cairo. “Reuters”

Arab and international

Economy News Baghdad

The US dollar rose on Monday to a two-week high after strong economic data prompted investors last week to reassess whether the Federal Reserve will adopt monetary easing policies at a monetary policy committee meeting this week as expected.

Trading was quieter in the broader currency markets, with traders reluctant to form large positions ahead of the Federal Reserve meeting, a meeting of policy makers at the European Central Bank in Portugal, and the Bank of England’s interest rate decision on Thursday.

On Friday, strong US retail sales trimmed the chances of a rate cut this week and led the dollar to the upside, despite expectations that Federal Reserve Chairman Jerome Powell will leave the door open for future interest rate cuts.

The dollar index, which tracks the performance of the greenback against a basket of other currencies, stabilized at 97.569, close to a two-week high earlier in the session.

The euro was little changed at $ 1.1209.

The dollar remained steady at 108.60 against the yen after rising 0.15 percent on Friday.

The pound fell further, sliding to its lowest level in 2019 to hit 1.2575 US dollars, its weakest level since January. Investors are worried that Boris Johnson, the staunchest candidate to succeed British Prime Minister Theresa May, will put Britain on a path to exit the EU without a deal.

http://economy-news.net/content.php?id=16950

Three missiles targeting a camp where the US military is located north of Baghdad

Baghdad:

The security information cell announced on Monday the targeting of three Katusha rockets by the Taji camp north of Baghdad.

The cell said in a statement received by “news” that “three Katyusha rockets fell on the Taji camp,” without giving further details.

A security source said Monday that reports of mortar shells were fired at the Taji camp in Baghdad, without knowing the extent of the casualties

US military advisers are available to train and provide logistical support to Iraqi forces at Camp Taji.

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Iraq’s prime minister 10 days to end the formation of the government

10:27 PM

Monday 17 June 2019

Moqtada al-Sadr

Mahmoud Al-Badawi

The leader of the Sadrist movement, Muqtada al-Sadr, gave Iraqi Prime Minister Adel Abdul-Mahdi 10 days to complete the formation of the government, Sky News Arab reported.

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Nasiri issues his new book from the Office of the Governor of the Central Bank of Iraq

Governor of the Central Bank Ali Al-Aalak and banking advisor Samir Al-Nasiri

Banks

BAGHDAD –
The economic and banking adviser to the Association of Iraqi Private Banks, Samir al-Nusairi, announced on Monday the issuance of his book entitled “Light in the End of the Tunnel: Economic, Banking and Banking Perspectives”, when he presented the first version to HE Dr. Mohsen Al-Alaq, Governor of the Central Bank.

The Governor blessed the publication of the book and the efforts of the author in following up the march of the Iraqi economy and analyze the reality of the banking sector and provide visions and proposals to achieve the required reform.

The book contains four chapters and 60 pages with 204 pages with an appendix of documents and tables. This is an analytical and documentary presentation of the positive and bright points in the process of economic and banking reform and the efforts exerted by the Central Bank and the banks during the years 2015-2019, which were manifested in achieving economic resilience during the economic and security shocks. Suffered by Iraq because of the decline in oil prices globally and the war on terrorism on behalf of the world.

The book dealt in a special chapter the role of the Central Bank and the Association of Iraqi private banks and banks in the development and community initiatives.

It is noteworthy that the new book is the seventh book of the author and presented to him by the Governor of the Central Bank Ali Alalak and Professor Khalil al-Shamma.

http://economy-news.net/content.php?id=16953

Sawson sends a letter to Abdelmahdi and confirms that he will host him to talk about what the government has provided

Political | 04:26 – 17/06/2019

BAGHDAD – Mawazine News

The MP of the Alliance of the Surgeon Burhan al-Mamouri, a letter to the Prime Minister Adel Abdul-Mahdi, while noting that his alliance is determined to host Abdul Mahdi in the House of Representatives to talk about what the government.

“The Iraqi people are following with caution the performance of the government of Prime Minister Adel Abdul-Mahdi, after he put his trust in it through his representatives in the House of Representatives,” he said in a statement received by Mawazine News. His government every 15 days and detailed every 30 days ”

He added,” The reform project one of its objectives is to correct the winding track of the political process, “pointing out that” today is at a crossroads because of failure to implement the previous commitments. ”

“He pointed out that” the alliance is determined to host the Prime Minister under the dome of the parliament to inform the Iraqi people on the truth of what his government, “stressing the” need to determine his position on the faltering performance of his cabinet and express frankly the real reasons behind the lack of completion so far. ” Ending 29 / h

The agenda of the visit of the Amir of Kuwait to Baghdad on Wednesday

Editorial date: 2019/6/17 17:22

(Baghdad: Al-Furat News) The Emir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah, is scheduled to visit Baghdad on Wednesday for an official visit.

“The Amir of Kuwait will visit Baghdad on Wednesday, during a visit during which he will meet the heads of the republic, ministers and deputies,” an Iraqi diplomatic official said in a press statement.

Earlier, Kuwaiti Deputy Foreign Minister Khaled al-Jarallah said that there was an Iraqi-Iraqi consensus to resolve many outstanding issues, in the context of the excellent relations between the two countries.

http://alforatnews.com/modules/news/article.php?storyid=201138

Deputy for wisdom: do not want to overthrow the government and the coming days will witness a strong opposition bloc

Editorial date:: 2019/6/17 16:19

(Baghdad: al-Furat News) The MP for the wisdom stream Ali al-Badiri, that the next few days will see the emergence of the initial features of a form of parliamentary bloc strong and cohesive to be the largest bloc and most influential in the evaluation of the political process.

“We are going to the political opposition is an important step necessary to correct the political process and democracy in the new Iraq, and will be an incentive for the reluctant parties to resolve their position to proceed with us in the way of corrective and corrective action of the executive authority,” al-Badairi said in a statement.

“One of the main reasons for the reluctance of previous governments is the lack of genuine opposition, and everyone criticized it. Today’s wise step is the real beginning of clear democratic action.”

“We do not want to overthrow the government, we do not target ourselves, we are not opposition from outside the border, but we are part of the political process and we seek to represent the people in a real way by defending their concerns and demands,” he said, stressing that ”

He pointed out that “the next stage will witness accountability for all corrupt and those who failed their work and we will put a program to evaluate all ministers and interrogate the defaulters and Almtakin them away from the auctions and slogans that did not achieve anything but increase the level of poverty and unemployment, corruption and lack of services.”

http://alforatnews.com/modules/news/article.php?storyid=201132

Central Bank: a large increase in the number of beneficiaries of the initiative trillion dinars

Editorial date:: 2019/6/17 15:28

The Central Bank of Iraq announced a large increase in the number of beneficiaries of the initiative one trillion dinars allocated to support small and medium enterprises in the framework of his desire to contribute to support the Iraqi economy and continued to monitor the results of initiatives launched.

A statement issued by the bank received the agency {Euphrates News} a copy of it, “The amounts borrowed, reached during the months of this year only, the value of 31 billion and 667 million dinars, compared with the amount borrowed during the whole of last year, which amounted to 33 billion and 600 million Dinar”.

“We note that the size of the increase is approaching weakness, which indicates a remarkable success in encouraging young people to launch their own investment projects, which are distributed across the various sectors.”

The One Trillion Small and Medium Enterprise Initiative is an initiative launched and funded by the Central Bank of Iraq at the end of 2015 to encourage young people to invest in the agricultural, industrial, commercial and service sectors through loans ranging from 5 to 50 million JD, note that there are exceptions that make the amount of the loan up to the limit of 10 million dinars, which are exceptions related to the feasibility of the project and its ability to run the workforce.

http://alforatnews.com/modules/news/article.php?storyid=201127