Parliamentary Finance proposes a road map to end the file “hoarding money” in homes

Editing Date: 7/27/2020 20:16

Ayna News – Baghdad,

a member of the Parliamentary Finance Committee, Representative Jamal Cougar, on Sunday presented a road map to end the file of hidden funds in homes.

Cougar said in, “A large percentage of Iraqis intend to hoard money in homes and not deposit it in banks, whether financial or private for multiple reasons, stressing that compactness is a mistake and has significant economic damage.”

He added that “pushing the government to adopt electronic payment through a smart card for all the salaries of its employees and to make dealing with it as a unified framework through the disbursement of loans and depositing receipts for the money to the departments will pay the citizens to transfer their money to the electronic trading file in paying its expenses, whether for government departments or the private sector.”

He pointed out that “the file of the hoarding of funds will end up due to the road map that he put forward, which is the most influential and approved in almost all countries of the world, especially the developed economies, pointing to the proposal to raise the interest rate has an impact, but our society is Islamic at 90% and does not interact with interest profits.”

Iraq suffers from a large proportion of the money siphoned in homes despite the presence of dozens of government and private banks due to lack of confidence in them.

http://www.alliraqnews.com/modules/news/article.php?storyid=97146

Al-Kazemi extends an invitation to Al-Halbousi and confirms: We will fix the date for early elections as soon as its law is sent

Political | 07:10 – 7/27/2020

Baghdad – Mawazine News,

the Prime Minister, Mustafa Al-Kazemi, sent an invitation to Speaker of Parliament Muhammad Al-Halbousi, regarding the election law, while confirming setting the date for early elections immediately after sending her law to the presidency.

Al-Kazemi said, in a speech addressed to the Iraqi people, followed by / Mawazine News /: “I said, since the first day of my assumption of the position of prime minister, that I am not aspiring for a position, and that my government will work to hold early elections, and I insist on these elections, and two days ago I spoke in The meetings of the three presidencies on the need to remove obstacles to the elections.

He added, “He invited the presidency of the parliament to urgently send the election law to the presidency of the republic,” stressing that “whoever has an objection to the entirety and the march of the verdict must prepare for the elections, not delay them. Whoever wants to restore Iraq does not speak with slogans while sitting on the hill, he has to go down.” To the ground and preparing people for elections, we must all work to ensure that the elections are fair, just, and representative of the will of the Iraqis. ”                        

He continued: “The moment I assumed this position I swore to preserve the Secretariat, and I maintain the Secretariat, so that there will be early free and fair elections.” He added: “We will leave and others will come … We will all leave the important thing for Iraq to continue, this is my covenant to you, and I will not concede it.”

And he added, “Finally, I say: Iraq must be built by the will of the people, not by the will of thieves, outlaws and chaos advocates. There is nothing that expresses the will of the people better than free and fair elections, and everyone who seeks to disrupt the will of the people will fall by the will of the people.”

He concluded by saying: “In all of our steps and goals, we put Iraq first, and our people are Iraq, long live Iraq, mercy and eternity for its martyrs.” Ended 6/29 n

https://www.mawazin.net/Details.aspx?jimare=111876

Al-Kazemi: The duty of the government and its security services is to protect peaceful demonstrations and listen to the demands of the demonstrators

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Baghdad / Obelisk: 

Obelisk publishes the text of the statement of the Prime Minister’s Information Office:

The Commander in Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, holds a meeting with the security leaders

••••••••••

The Prime Minister, Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazimi, held, at the headquarters of the Minister of the Interior, today, Monday, a meeting with the security leaders, in the presence of the Minister of Interior, the head of the National Security Service and the National Security Adviser.

During the meeting, they discussed the security situation in the country, and the developments of the events that took place yesterday.

Mr. Al-Kazemi directed fact-finding regarding the unfortunate events that took place yesterday, with the results to reach within a maximum period of seventy-two hours.

Mr. Al-Kazemi stressed that peaceful protest is a right guaranteed by the Iraqi constitution, and it is the duty of the government and its security services to protect peaceful demonstrations and listen to the demands of the demonstrators.

During the meeting, it was emphasized that peaceful demonstrators were invited to cooperate with the security forces in reporting suspicious elements that offend the demonstrations and distort the legitimate demands of the demonstrators.

The meeting also discussed the cases of kidnapping and killing of the demonstrators in particular, and the citizens in general, and that the competent security authorities give priority to following these crimes and prosecuting the perpetrators.

Media office of the Prime Minister

27-Jul-2020

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Target north of Baghdad with Katyusha rockets

Security

Coronary

2020-07-27 15:03

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Shafaq News / A security source said, on Monday, that the Taji camp, north of the Iraqi capital, was hit by Katyusha rockets .

The source said to Shafaq News, “4 Katyusha rockets fell on the Taji camp, which includes Iraqi and American forces.”

And the Iraqi military bases that include American forces are exposed from time to time to rocket attacks that have increased in frequency after the assassination of the Iranian Quds Force Commander Qassem Soleimani, and the deputy head of the popular crowd “Abu Mahdi” engineer and their companions with a US air strike early this year.

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Al-Kazemi gives security services 72 hours to announce the results of “liberation events”

Security

Al-Kazemi

National Security Council

Editing events

2020-07-27 15:01

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Shafaq News / Iraqi Prime Minister, Mustafa Al-Kazemi, on Monday, gave the security services 72 hours to announce the results of the investigation into the events of Tahrir Square, yesterday, Sunday, which left the killing of two protesters.

A statement of Al-Kazemi’s office, reported to Shafaq News, stated that “The Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazimi, held a meeting with the security leaders at the headquarters of the Minister of Interior, today, Monday, in the presence of the Minister of Interior, the head of the National Security Service and the National Security Adviser. The meeting will discuss the security situation in the country, and the developments of the events that took place yesterday. 

Al-Kazimi directed “fact-finding regarding the unfortunate events that took place yesterday, and that the results reach within a maximum period of seventy-two hours.”

Two demonstrators were killed and 11 others were injured, 4 security personnel were injured, and 8 tents were burned, in clashes between security forces and demonstrators, according to the Office of the High Commissioner for Human Rights.

The Commission said that these losses occurred as a result of the use of live and rubber bullets, silos and tear gas.

Al-Kazimi stressed that “peaceful protest is a right guaranteed by the Iraqi constitution, and the duty of the government and its security services is to protect peaceful demonstrations and listen to the demands of the demonstrators.”

During the meeting, it was stressed that ”   the peaceful demonstrators are invited to cooperate with the security forces in reporting suspicious elements that harm the demonstrations and distort the legitimate demands of the demonstrators.”

The meeting also discussed “kidnapping and killing cases that affect the demonstrators in particular, and the citizens in general, and that the competent security authorities give priority in following these crimes and prosecuting the perpetrators.”

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Iraq employees are worried about not receiving their salaries before Al-Adha

The Central Bank warns against dealing in the “Libyan dollar”

Monday – 6 Dhu al-Hijjah 1441 AH – 27 July 2020 AD Issue number [15217]

Baghdad: Fadel Al-Nashmi

Despite the continuing assurances by the Iraqi authorities about their intention to pay the salaries of employees in the public sector for the current month, this did not dispel many fears that the government might postpone this until the period after the Eid Al-Adha holiday that falls at the end of this July, and enhance feelings This fear is delaying the due payment date by about two weeks, as happened in the past three months in light of the ongoing financial crisis that the Iraqi authorities complain of as a result of low oil prices and other factors, some of which are linked to the Corona pandemic.

The difficulties and fears experienced by the employees of the Kurdistan region are no less than those of their Arab counterparts, and sometimes even increase, due to the delay in the payment of salaries for many months and deduction of large proportions from them. The Kurdish journalist Saman Noah, through his personal blog on Facebook, says: “Employees are at a loss and a shortage, struggling without pay as the holiday falls. Perhaps they will spend their salaries for the month of March after 30 days, with 20% or 30% deducted from them, and they may not. Nobody knows, officials say with all responsibility ?! ” And he adds: “Market movement is stagnant in the holiday season, job opportunities are weak, unemployment is rising, and entire sectors are idle, such as tourism and services, closed shops and bankruptcy companies.”

Despite the directives issued by the Minister of Finance Ali Abdul Amir Allawi to pay the salaries of the employees and the announcement of the “Rafidain Bank” to start distributing “the salaries of the employees of the ministries and state institutions from whom the financing of their salaries and financial allocation instruments have arrived at the bank”, the Parliamentary Finance Committee announced yesterday, its intention to host the Minister of Finance During the current week, to discuss the reasons for delaying the distribution of salaries of employees and retirees and not to send the budget for 2020. The committee’s rapporteur, Ahmed Al-Saffar, said in statements yesterday that «the committee is trying to open communication channels with the Ministry of Finance, but the latter does not respond seriously to the committee to discuss many financial files ». He pointed out that «the committee will discuss with the Minister of Finance, the undersecretary and the director general of the Accounting Department via a television circle the reasons for these delays, as well as discussing the conditions of free lecturers’ salaries and contracts, as well as other outstanding financial files ». He added:

Last June, the Finance Minister said: “If we do not adjust matters during this year, we may face shocks that we will not be able to deal with.” He warned that “40 million Iraqis will have to submit to a tightening austerity policy that could last for two years.”

Despite the Iraqi parliament’s vote at the end of last month on the draft of the internal and external borrowing law to finance the fiscal deficit for the year 2020, economic analysts believe that the issue of the financial difficulties that the government faces in securing the salaries of employees and the rest of the financial expenditures will continue for the coming months, mainly due to the decline in the country’s revenues derived from oil rents .

In turn, member of the Parliamentary Finance Committee, Jamal Cougar, confirmed yesterday that the government has the necessary liquidity to pay salaries. “The government cannot back down or lie in the covenants it made,” Cougar said in comments. Including the salaries of employees before Eid al-Adha. The government secured employees’ salaries for 3 months through internal borrowing. He said, “The salaries of the month of July will be released during this week, as the government promised, without delay, as happened in the past two months.”

In another financial matter, the Central Bank of Iraq issued a statement yesterday about what is being circulated on the “Libyan dollar”.

The bank said in a statement that it «monitors what is going on in the media and social communication regarding news about dealing with what is known as (the Libyan dollar currency) and here we would like to make it clear that there is no such currency, and that the procedures to verify its absence have been done by exchanging information with the devices Concerned inside and outside Iraq.

The Central Bank noted that “any party or company that claims to sell this currency by promoting through its pages on social media and the public’s delusion that there is an American dollar belonging to the Libyan Central Bank is not authorized by this bank, and we warn against fraud and fraud that may be practiced by the weak in the soul in this field”. And speculators in the currency market have appeared in the past weeks on social media platforms and they are announcing their desire to sell 10,000 Libyan dollars, which are said to be from the assets of frozen Libyan banks, at 6 thousand dollars.

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The Iraq Stock Exchange suspends its activities for 12 days

Editing Date: 7/27/2020 13:05

Editing Date: 7/27/2020 13:05   63 times read
[Baghdad_Eye] 

[Baghdad_Eye]

The Iraq Stock Exchange announced, on Monday, that it would suspend its activities for 12 days on the occasion of Eid Al-Adha and a curfew.

“In compliance with the official holiday timings announced in Iraq, the market administration has decided not to organize trading sessions for the days of July 29 and for 12 days as it coincides with the Eid Al-Adha holiday,” the market said in a statement.

And the market added, “The first trading session in the Iraq Stock Exchange will be as of Sunday, 9/8/2019.”

It is noteworthy that the Iraq Stock Exchange has used electronic trading systems and central depository since 2009 and seeks to launch an online trading system for investors, and organizes five trading sessions per week from Sunday to Thursday, and it includes 105 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment and tourism And hotels.

http://www.alliraqnews.com/modules/news/article.php?storyid=97076

Joint operations reveal the source of the Falcon camp explosion

Time: 7/27/2020 13:36:38

{Baghdad: Al Furat News} A spokesman for the Joint Operations Command, Major General Tahsin al-Khafaji, revealed the source of the explosions that took place yesterday evening Sunday in the Al-Saqr camp south of the capital, Baghdad.

Al-Khafaji told the Euphrates News Agency that the explosion “was in a container that contains materiel, which is materiel for a light weapon, not medium or heavy, but the method of the explosion was affecting civilians.”

He pointed out, “The investigative committee wants to know the reasons for the survival of this container, why the equipment was stored in this way, and the authority that carried out this procedure despite having clear and explicit instructions that all the equipment is outside the cities and not inside it.”

Al-Khafaji stressed that “the investigative committee wants to know the reasons that led to this explosion of the (Falcon Camp), and at this time, especially as it is equipment close to the cities and the official.”

The Security Media Cell said yesterday that “at forty-six minutes after the afternoon of (yesterday) Sunday, two successive explosions occurred in the Saidiya area near the Hilla highway – Baghdad, specifically at the Saqr base.

And the cell indicated that the accident was the result of an explosion of ammunition and ammunition belonging to the Federal Police due to the high air temperature and poor storage. ”

Ammar Al-Masoudi

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The central bank postpones the payment of premiums due to the Five and One initiatives, one trillion dinars Economie

| 02:17 – 7/27/2020

Baghdad – Mawazine News

, The Central Bank of Iraq decided, on Monday, to postpone the payment of premiums due to government and private banks for the five trillion dinars and one trillion dinars initiatives for a period of three months.

A statement issued by the bank, Mawazine News, received a copy of it, saying that “due to the persistence of exceptional circumstances and the accompanying partial and total closures due to the Corona pandemic and the total or partial stalemate it left in most of the economic sectors that still affect economic activity and which cast its shadow on Owners of small, medium and large projects and the residential sector, so this bank decided to postpone the payment of premiums due to government and private banks for the five trillion dinars and one trillion dinars initiatives for an additional three months.

The statement added, “That will be from the date (July 1, 2020 to September 30, 2020) and transferring it to the end of the loan term, and passing this delay on to borrowers in a way that does not leave behind any interest or delay commissions.” Ended

https://www.mawazin.net/Details.aspx?jimare=111823

Barzani and Talabani reiterate the government’s distancing from political differences

Shafaq News / Kurdistan Regional Government Chairman Masrour Barzani and Pavel Talabani, the joint head of the Patriotic Union of Kurdistan, stressed on Monday the need to distance the regional government from political differences.

This came during a reception by Barzani Talabani at his office in Erbil, according to a statement issued by the Kurdistan Regional Government, which was received by Shafaq News.

In the meeting, the joint head of the Patriotic Union of Kurdistan, as a major participant in the government, expressed the support of the National Union for the Kurdistan Regional Government.

Talabani said that “the differences between the political parties should not be reflected in the work of government institutions, and all parties should be a catalyst and cooperate with each other in a broad way, and resolve their succession through dialogue.”

He added: “Our accomplishments are the fruit of unity, solidarity and harmony, and that is why we are exerting all our efforts to help overcome difficult circumstances and crises.”

For his part, the President of the Kurdistan Regional Government indicated that the citizens of the region, despite enduring the difficulties, are concerned about internal tensions and expect from all parties appropriate political conditions.

Barzani added that “the Kurdistan Regional Government is the entire Kurdistan Regional Government, and the coalition parties in the ninth ministerial formation must support the government’s work program, as it is a joint program for all those involved in its formation.”

The Prime Minister stressed that doing everything in his power to form the ninth ministerial formation in order to overcome the current health and economic conditions and improve the living conditions of citizens, a responsibility that needs support from all sides.

The PUK is boycotting the sessions of the Kurdistan Parliament in protest at its “marginalization” by its ally in the government, the Kurdistan Democratic Party, in the administration of the region.

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