Abandoned a huge scheme to target Baghdad and the Iraqi provinces

 

Security | 03:31 – 28/07/2019

Follow-up to the balance of News

The “Hawks Intelligence”, on Saturday, the biggest thwarted plan in the year 2019 to target the capital Baghdad and some provinces in the south and the Kurdistan region. 
“The cell, in coordination with the internal intelligence departments of the provinces, was able to identify terrorist targets and destroy them by air strikes sometimes and by direct face-to-face fighting with terrorists at other times,” Abu Ali al-Basri, head of the hawks’ cell, said in a press statement. 
He added that the recent pre-emptive operations resulted in the arrest of about 160 gunmen in Nineveh, more than 40 of them in Baghdad, and arrested four others in Basra were mobilized and preparing to carry out suicide bombings with explosive belts, and the bombing of car bombs in Baghdad, Erbil, Basra and other provinces. 

is over

https://www.mawazin.net/Details.aspx?jimare=57541

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Moves in US Congress to pass law «Preventing Iraq’s Stability»

 

Aimed at Iranian influence … and the silence of a government in Baghdad
Sunday – 25 Dhu al-Qadah 1440 AH – 28 July 2019 AD Issue Number [14852]
Iraqi security forces patrol in Tarmiyah area north of Baghdad (AP)
Baghdad: Hamza Mustafa
Two weeks ago, the United States continues to pass resolutions and laws aimed at curbing Iranian influence in Iraq.

A few days ago, the US Treasury Department issued a resolution imposing sanctions on four Iraqi figures, including two leaders of the popular crowd (Ryan Chaldean and Qadu), and the other former governors of Nineveh (Nofal al-Aakoub) and Salahuddin (Ahmad al-Jubouri). Yesterday, the US House of Representatives approved a majority of the bill to “prevent the destabilization of Iraq”.

At a time when Baghdad formed a special committee was not announced to consider the decision of the US Treasury, especially as there are dozens of figures that are believed to have been covered by the procedures of the Treasury Department of the United States, the Central Bank of Iraq, and implicit reference of the government to approve the sanctions, Freeze the balances of these four figures.

And on the approval of Congress to renew the law «Preventing the destabilization of Iraq», asked the current MP in the Iraqi parliament, former Minister of Labor and Social Affairs Mohammed Shi’a Sudanese, in a tweet on Twitter, whether this decision «a new tutelage, or approved to make Iraq arena Clash with neighboring countries ». He considered the Sudanese decision «the right word is meant to be void».

The law states that the US president “has the right to impose sanctions on any foreigner intending to deliberately commit any form of violence with a direct purpose or effect on the threat of peace and stability in Iraq or the government of Iraq, undermining the democratic process, Political or humanitarian assistance to the Iraqi people. “

The law also places the Secretary of State “in charge of preparing and renewing annually the establishment, maintenance and dissemination of a list of armed groups, militias or proxy forces in Iraq receiving logistical, military or financial assistance from the IRGC, as well as the practice of terrorism inside Iraq, Individuals on the list should be punished and if persons associated with certain terrorist organizations should be counted and punished. “

«Middle East» polled the views of a group of political and security concerns about the nature of this law, and the possible implications for it. “The law comes as a commitment by the US State, led by Congress, the parties, the President and the Vice President of the United States, to support the Iraqi state, to maintain security and stability,” said Dr. Hussein Allawi, a professor of national security at Al-Nahrain College. , As a moral responsibility and a political alliance with the Iraqi state, and a political commitment to maintain security and stability after defeating the entity (calling) terrorist.

“The United States wants to make Iraq away from the US-Iran conflict and the ongoing escalation, so it will stand with the Iraqi government and the Iraqi people,” Allawi said. “There is a new US strategy under President Donald Trump based on a solid alliance philosophy, This is the first time since the policy of former President George W. Bush, in which the United States of America to follow the strategy of a strong link, instead of the flex that followed the era of President Barack Obama, which greatly affected the position of Iraq in the US decision, “and pointed out that” And a larger part of it is the commitment of the United States to the stability of Iraq, politically, security and social ».

For his part, believes the security expert Saeed al-Jayashi, told Asharq Al-Awsat that “the law to prevent the destabilization of Iraq returns Iraq to the direct American influence in the structure of the political system, with a clear accounting capability.” “If the law-making cycle is completed by the Senate and the White House, we will be in a completely new situation, through its implementation stages, which are more dangerous than the Iraqi Liberation Act passed by Congress in 1998,” he said.

“It is expected that this law and its powers will have a high capacity to remove or undermine the United States of the characters, or to freeze companies and accounts and stop them and confiscate funds, while constantly undermining what it sees as a threat to the stability of Iraq, according to this law whose standards are unclear.” He pointed out that «it is important that the government and state channels to review and discuss the reasons for moving the law now, despite the passage of two years to initiate legislation, as there may be a clear link between the escalating tension between Iran and America and the relationship with Iraq, and the possibility of being a clash zone for them, In accordance with this law warns of a multi-directional escalation and areas ».

The head of the Center for Political Thought, Dr. Ihsan al-Shammari, said, for his part, in his interview with Asharq al-Awsat, that “this law, and after the vote by the US Senate, after its approval by the House of Representatives, will open the door for the President of the United States to take action “This law is a challenge not only to the current government, but is a challenge to the political forces to adopt a position consistent with the interest of Iraq, and a real challenge to the armed factions referred to by this law, and the shape of its relationship with Iran,” noting that “The law allows the US president to intervene militarily in Iraq, Lah “This law is in line with the strategic agreement between Iraq and the United States, one of which guarantees the American forces the right to intervene militarily against everything that destabilizes democratic governance in Iraq.”

He pointed out that «the law went through many stages, as there seems to be an American concern about the owners of weapons in Iraq, and therefore it will entail many things, in terms of the inclusion of those close to Iran on the list of US terrorism, and I do not rule that the separation between this law And the strategic agreement that allows the United States to intervene militarily, if it is found that democracy in Iraq is threatened, and therefore the possibility of military intervention may be contained in the event that some parties turned Iraq into a land of friction, threatened the political process or tried to violate Iraq’s sovereignty or democratic system .

Association of Banks participates in a climate workshop in Erbil

Part of the workshop

Banks

Economy News Arbil

The Association of Iraqi Private Banks participated in a workshop on climate in Arbil governorate.

The workshop, which was held for July 25-26, aims to familiarize the private sector with their possible support mechanisms from the Green Climate Fund and how to involve them in the implementation of sustainable environment projects that represent national commitments to climate change.

The workshop was attended by representatives of the private sector in Iraq from private companies and banks and representatives of the Central Bank and relevant ministries, as well as the team of the Association of Iraqi private banks represented by the President of the Association of Iraqi private banks Wadih al-Hanal and the director of the Muslim Association Muhammad Munther.

The Association of Banks allocated engineers from its engineering team to follow the workshops that will be held in the future in Baghdad and the provinces in cooperation with the Ministry of Environment and the United Nations Development Program.

On the sidelines of the workshop was honored the President of the Association of Iraqi private banks Wadih al-Hanal.

http://economy-news.net/content.php?id=17364

Iraq : 2019 Article IV Consultation and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Iraq

 

Statement by the Executive Director for Iraq

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

July 26, 2019

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Forty years of upheaval has eroded physical and human capital and weakened public institutions. Social conditions remain harsh following the war with ISIS, with slow progress at reconstruction, weak public services and a lack of job opportunities. The recent rebound in oil prices helped deliver a large budget surplus and healthy build-up in reserves in 2018, but post-war recovery has been sluggish. The SDR 3.8 billion ($5.3 billion) Stand-by Arrangement approved in 2016 expires in July.

Series:

Country Report No. 19/248

https://www.imf.org/en/Publications/CR/Issues/2019/07/25/Iraq-2019-Article-IV-Consultation-and-Proposal-for-Post-Program-Monitoring-Press-Release-48527

A security movement to prevent the travel of Iraqi military leaders for fear of leaking intelligence

 

Movement to prevent the travel of Iraqi military leaders for fear of leaking information
Baghdad Aktham Saif Eddin

27 July 2019

The travel of Iraqi military leaders out of the country, the concern of the security authorities, which began moving to take a decision to prevent travel against them, while officials said that concerns about the possibility of leakingmilitary information to drive this movement.
The move adopted by the parliamentary security committee comes as a precautionary measure through which the committee seeks to control this file, considering that the travel of the leaders is a danger that could cause the breach of the security file by some of the hostile parties to Iraq.

A member of the parliamentary security committee MP Kataa al-Rikabi said that “the committee is going to address the security authorities to follow the travel of security leaders outside the country, as there is a significant transgression recently in this subject,” noting in a press statement that, “within the links established in the Ministry of Defense and Interior, It is not permissible for any military associate to take special leave if they are outside Iraq without the consent of the security auditor. “

He said in a press statement that “the Security and Defense Committee will warn the security services of the risk of travel security leaders, and will be issued a circular to all security authorities on behalf of the Security and Defense Committee to conduct an investigation with each officer or an associate traveling outside Iraq without official permission,” adding that ” One of the precautions that can be done by the Ministries of Defense and Interior is to keep the passport of the associate in the Department of his leave. 

According to officials in the Iraqi Ministry of Defense, the ministry has not received any official communication so far, stressing that “the ministry will cooperate with parliament in the event of a formal decision to do so.”

A senior official in the ministry told the “New Arab” that “the military leaders are known for their integrity in general, and there has been no violation of the leaking of military information, but that does not prevent taking any precautionary steps to the benefit of the security file in the country, especially with the presence of States and armed organizations and destinations Hostile to Iraq seeks every effort to penetrate his security file, after the victories that he achieved on a preacher. “

He stressed that “the ministry will support the decision in the event of adoption, not to include the leaders of the Ministry of Defense only without the ministries and other security agencies.”

This comes as Prime Minister Adel Abdul Mahdi, the acquittal of the commander of the army forces in Anbar province, Major General Mahmoud al-Falahi, from charges of communicating with the Israeli occupation and intelligence, which was directed by the militia of the “Brigades of the Iraqi Hezbollah” in early September This month.+

Iraqi foreign exchange reserves rise to 65 billion dollars

Economie

13:43

BAGHDAD /

 

The International Monetary Fund (IMF) said on Saturday that Iraq’s foreign reserves rose to 65 billion dollars as a result of the surplus in public finances.

 

The International Monetary Fund said in a press release received by Al-Ghad Press, a copy of it, after the conclusion of the Executive Council Article IV consultations for 2019 with Iraq, “the total international reserves of 65 billion US dollars by the end of 2018,” noting that “the rise due to the recovery of oil prices Reduce weaknesses in the Iraqi economy and create safety margins in public finances. ”

The International Monetary Fund predicted that foreign reserves would fall below adequate levels as a result of the decline in public finances after a 27 percent increase in spending and weak revenues due to the cancellation of non-oil taxes.

 

On the other hand, a source in the Ministry of Finance, “The reserve was refreshed when Dr. Sinan al-Shabibi governor of the Central Bank in 2010 and reserves of 78 billion to it fell and collapsed after the departure of Shabibi and because of the auction of uncontrolled currency and non-fundamental approvals for the establishment of private banks And outlets selling currency undisciplined and legal irregularities even collapsed to 58 billion in a manner. “

IMF: Reconstruction in liberated cities is slow

Part of a previous meeting of the Executive Board of the International Monetary Fund. “Internet”

Emaar Construction

Economy News Baghdad

The International Monetary Fund (IMF) said that reconstruction in Iraqi cities liberated from Da’ash is proceeding at a slow pace.

The IMF said in a press release after the conclusion of the Executive Council Article IV consultations for 2019 with Iraq and viewed by the “economy News”, the non-oil GDP rose by 0.8% year on year in 2018, referring to “weak implementation of reconstruction And other public investments. ”

The IMF stressed that “the gross domestic product (GDP) shrank by about 0.6 percent with the reduction of oil production under the OPEC + agreement,” and predicted that “the budget will return to a deficit of 4% of GDP in 2019.”

Growth in non-oil GDP is also expected to reach 5.5% in 2019, but will decline again in the medium term.

The IMF warned of two things: “the main risk to the prospects of falling oil prices, which could reduce exports and reduce budget revenues, and thus lead to a sharper decline in reserves or a sharper rise in public debt” and “risks stemming from tensions And the possibility of social unrest in the context of weak public services and lack of progress in the fight against corruption.

The IMF stressed that the Iraqi authorities should “seize the opportunity to improve the security situation and increase oil prices to implement structural policies and reforms aimed at ensuring macroeconomic and financial stability, addressing long-standing social problems and promoting sustainable and inclusive growth.”

http://economy-news.net/content.php?id=17363

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