Rashid Bank announces the payment of salaries of more than 100 departments

Economie | 08:19 – 07/07/2020

Baghdad – Mawazine News

Al-Rasheed Bank announced, on Tuesday, that its branches will continue to pay the salaries of employees of the endemic state departments with their salaries with the bank, whose financing instruments have arrived.

The media office of the bank stated in a statement received / Mawazine News / a copy of it, that “the electronic payment unit delivered salaries to more than (100) departments in Baghdad and the provinces, in addition to handing over the salaries of many departments that receive their salaries manually.”

The statement added, “The bank’s staff work until late at night to ensure that salaries are paid without delay, and that employees with electronic payment cards can receive their salaries from the bank’s branch network located in Baghdad and the provinces or from one of the approved Nakheel Master Card offices if they receive a download notification message Salary “. Ended 6/29 n



The Iraqi government: Our dialogue is continuing with the Kurdistan Region, and we need time to solve all problems

Kurdish women

7/20/2020 10:08:21

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Shafaq News / The spokesman for the Iraqi Prime Minister announced, on Tuesday, that the dialogue with the Kurdistan Region will continue to resolve the outstanding problems.

Ahmed Mulla Talal said in a press conference after the cabinet meeting, that the dialogue is continuing with the Kurdistan Region on all issues to solve problems, and the ceiling of the constitution will be the final decision.

He also stressed that there are mutual visits and delegations to solve outstanding problems, and we need a lot of time and continued dialogues to solve them


The United Nations is ready to help Erbil and Baghdad to reach a radical agreement


United nations



7/20/2020 06:33:50

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Shafak News / The Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennes-Blackshart, expressed on Tuesday to help Erbil and Baghdad to reach a radical long-term agreement on their outstanding differences.

A statement issued by the Kurdistan Regional Government responded to Shafaq News, that its president, Masroor Barzani, had received Blashart today.

The statement added that the meeting discussed the latest developments in Iraq and the ongoing efforts to solve the outstanding problems between the Kurdistan Regional Government and the federal government.

The Special Representative of the Secretary-General of the United Nations expressed her willingness to help the regional government and the federal government in order to reach a comprehensive and radical long-term agreement that satisfies both parties and is in the interest of all Iraqis.

The President of the Kurdistan Regional Government indicated that negotiations with the Federal Government are continuing in order to resolve all outstanding issues through an agreement based on the constitution, stressing the need to activate the joint security coordination mechanism between the Peshmerga forces and the Iraqi army in the Kurdish regions outside the administration of the Kurdistan Regional Government.


Parliamentary finance reveals the amount the state spends every month on double salaries and space

money and business

Economy News _ Baghdad

The Parliamentary Finance Committee affirmed, on Tuesday, that space and double-salaries cost the state up to two billion dollars a month.

Member of the Parliamentary Finance Committee Jamal Kujer said, in a statement to government media, that “the government faces great challenges if it wants to start with its reform steps, as it started with double salaries, and it must start controlling the border outlets and confine arms to the state, and these are important matters to attract investments.” Noting that “aliens and dual-salaries cost the state about two billion dollars a month, forcing it to secure 5.5 billion dollars a month for salaries only.”
He added, “Parliament has set 60 days for the government to present its reforms in which it needs the support of parliament, and the only obstacle that can hinder its steps is the presence of people and parties who do not want the government to proceed with reforms, so it must request the support of Parliament in its reform steps, which are The best opportunity to prove to the people and the authority that it came to the reforms. ”
He continued, “The Prime Minister started with double salaries and aliens, and now he will proceed with the reform of the ports file, which has begun to take shape, and we hope that this file will be completed because it is essential. And the expulsion of aliens and the unification of salaries with one salary, will reduce about 2 billion dollars per month, and the government will have to secure 3 and a half billion dollars in salaries. ”


The central bank signs a memorandum of cooperation with the Securities Commission

Part of signing the memo


The Economy News – Baghdad

The Central Bank announced, on Tuesday, that it signed a joint cooperation memorandum with the Securities Commission.

The central media office said in a statement received by “Al-Iqtisad News”, that “the Central Bank of Iraq signed a memorandum of cooperation with the Securities Commission on Tuesday morning.”

The statement added: “As the memorandum included the possibility of exchanging the information available and available at the Central Bank and the Securities Commission.”

The statement indicated that the memo also includes “coordination in the field of legislation and regulatory and regulatory standards for entities subject to the supervision of both parties.”


Mesopotamia announces the payment of salaries of employees of the Ministry of Interior through the Master Card

Local currencies


The Economy News – Baghdad

Rafidain Bank announced, Tuesday, the release of salaries of employees of some directorates of the Ministry of Interior through the Master Card.

The media office of the bank said in a statement seen by “Al-Iqtisad News”, that “for the first time, the salaries of employees of the directorates of the (Federal Police – Public Traffic – Rescue – Civil Defense) for the month of June were electronically distributed through the Master Card and those whose salaries were settled on our bank.”

He added, “The salaries of the employees of the Ministry of Interior have also been launched at the headquarters,” noting that “associates can receive their salaries from anywhere they are.”



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SULAIMANI — A negotiating delegation from the Kurdistan Regional Government (KRG) postponed on Tuesday (July 7) an expected trip to Baghdad because federal officials have not completed a review of financial, personnel, and administrative files related to oil and the KRG’s public sector workforce.

According to sources in both the Kurdistan Region and Baghdad delegations, it is not clear when the KRG officials will ultimately make the trip, although it will only do so after the review is complete.

NRT reporter in Baghdad Omed Muhammed said that the two main stumbling blocks to reaching the long-awaited comprehensive budget agreement between the federal government and the KRG were the agreement’s duration and the amount of money that Erbil will receive from budget transfers.

According to sources, the federal government has demanded the Kurdistan Region’s total oil and non-oil revenues and in return Erbil will receive 550 billion Iraqi dinars ($462 million) per month to pay public sector salaries and other expenses.

The KRG has reportedly responded with two offers: one where Erbil gives all oil income and half the receipts from local taxes and border crossings in return for 650 billion Iraqi dinars ($546 million) per month or another where all income is transferred to Baghdad in return for 900 billion Iraqi dinars ($756 million) per month.

On Monday, before the trip was postponed, a Kurdistan Democratic Party (KDP) lawmaker had expressed confidence that the differences would be easily resolved.

In late April, Baghdad cut off all budget transfers to Erbil, leaving it with a massive shortfall that was compounded by the effects of a drop in the global price of oil.

Unable to pay its public sector workers on time or in full, the KRG has repeated delayed distribution of salaries this spring and recently moved to cut the pay of most workers by 21 percent or more.

(NRT Digital Media)