Iraq announces its exit from the list of “high risk” countries and an increase in its oil exports

Politics

Iraq

Oil

Country

High risk

2020-09-23 23:43

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Shafaq News / The Ministry of Foreign Affairs announced that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by UN Security Council Resolution 1518, which classified Iraq as a “high risk” country, while seeking to lift the ban on the rest of the entities .

The spokesman for the ministry, Ahmed Al-Sahhaf, said in a statement to the semi-official newspaper, Al-Sabah, published in its edition today, Thursday, that the Minister of Foreign Affairs, after meeting with a number of his European counterparts, the policy and security official in the European Union and other high-ranking personalities, succeeded in winning their votes and support to lift Iraq The list is complete very soon. 

He added that the entities and institutions covered by the ban extend their work to various sectors such as investment, economy, industry and other sectors, stressing that lifting the ban on them will add support to the internal economy and facilitate their cooperation with the government .

Foreign Minister Dr. Fuad Hussein sent a letter to his counterparts in the European Union countries, in which he was surprised at the inclusion of Iraq on the list of high-risk countries in the field of money laundering and terrorist financing.

On the other hand, Oil Minister Ihssan Abdul-Jabbar revealed an expected agreement with the oil-exporting countries “OPEC” and “OPEC +” group to increase Iraqi oil exports, indicating that the reduction agreement between the countries of “OPEC” will continue until the end of 2021 .

Abdul-Jabbar stated that the high prices of crude oil and the repercussions of the Corona pandemic on the world will cast a shadow over the future of future decisions by the members of the organization, indicating that negotiations are continuing, and there is openness with everyone to mature decisions that contribute to the recovery of oil prices globally .

Regarding the fields shared with Iran and Kuwait, Abdul-Jabbar revealed the existence of a consulting company working on developing plans and factors for joint operation of the fields between Iraq and Kuwait. As for the joint fields with Iran, there are dialogues with the Iranian side to agree on final and stable formulas for operating these fields, and that the ministry It is working to develop the capabilities of its companies in Basra and Maysan in order to expedite the process of investing in common fields .

Abdul-Jabbar explained that his ministry is working to complete these projects until 2025, and we will raise gas production to large quantities of 2500 to 3000 million cubic feet of gas, pointing out that all gas projects are either currently under implementation or under assignment or under preparation of the project.

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Saleh calls for a new “political contract” in Iraq

The President of the Republic, Barham Salih, called on Wednesday for the necessity to adopt a new political contract in Iraq that addresses the problems left by the defunct regime before 2003 .

Saleh said, in a speech before the 75th session of the United Nations General Assembly, that “Iraq has witnessed a popular movement stemming from the desire to bring about change in the country that suits the aspirations of all Iraqis. “.

He continued that “Iraqis are looking forward to a new political contract that addresses the structural defect inherent in the system of government after 2003 and guarantees them good governance,” stressing that “the government has great responsibilities represented in its main aspect, which is the basis for carrying out structural political, economic and administrative reforms, combating corruption and spoilers, and working on holding early elections. Next year, arms are confined to the hands of the state .

He pointed out that “the recent statement of the supreme religious authority, Ali al-Sistani, clearly expressed these tasks necessary to reform the course of the ongoing political process in the country,” adding that “our national project is the consolidation of the capable state that is able to enforce the law and is able to fulfill the rights of its citizens .”

He said, “We look forward to effective support from our neighbors and the international community for this homeland project,” stressing that “Iraq confirms its position on the necessity of a solution to the Palestinian issue and the fulfillment of the rights of the Palestinian people in their independent state.”

https://aynaliraqnews.com/index.php?aa=news&id22=139019

Al-Sadr to the Popular Mobilization Forces: You must act wisely and put an end to the bombing and assassinations of your affiliates

23-09-2020 09:57 PM

Baghdad – news

The leader of the Sadrist movement, Muqtada al-Sadr, today, Wednesday, sent a message to the Popular Mobilization Authority, while stressing the need to act wisely and end the bombing and assassinations of those affiliated with the Popular Mobilization Forces.

Al-Sadr said in a tweet to him on his personal Twitter page, which was followed by Al-Akhbariya: “As for yet, know that what some factions belonging to this great address are doing is weakening Iraq, its people and its country. Weakening them means strengthening the external forces, on top of which is the great evil of America .. so try Act with wisdom and sophistication for the love of Iraq and its people … you are responsible before God and before the people. ”

He added: “And what is happening from the bombing and assassinations of some of your affiliates, even if you are not satisfied with it .. However, this is not enough. Rather, you must seek wisely and deliberately to end making Iraq an arena for the struggle of others and strive together for the independence, sovereignty, safety and security of Iraq .. otherwise it will be lost Iraq is in our hands. ”

He continued, “We, in our turn, renew the demand for non-interference in Iraq’s internal affairs from all parties, and we also emphasize peace in all dealings, as Iraq no longer endures more violence, wars, clashes, political conflicts and riots … and the mujahideen must distance themselves from vulgar politics to preserve their reputation and history.”

مقتدى السيد محمد الصدر

@Mu_AlSadr

1:50 PM · Sep 23, 2020

https://www.ikhnews.com/index.php?page=article&id=227276

Parliamentary Finance: The proportion of the region in the 2020 budget is set at 12.67%

09/23/2020 17:47

The number of readings 49

Section : Iraq

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Baghdad / Al-Masalla: Member of the Parliamentary Finance Committee, Sherwan Mirza, stated, on Wednesday, September 23, 2020, that the region’s share in the general budget for the fiscal year 2020 was set at 12.67%.

Mizra, who is a deputy for the Patriotic Union of Kurdistan, said in a statement followed by the obelisk: “The draft budget law for the year 2020, according to the information received, the region’s share was set at 12.67%, and the Peshmerga’s share was also determined at 76 billion dinars per month, which annually amounts to 912 Billion dinars. ”

He added that “there are two articles in the budget related to the liquidation of debts and accounts between the region and Baghdad from 2014 until 2018, and regarding the debts and obligations of the Kurdistan region that were discussed, there is an article that obliges the region to disclose all the data, so that we know why the region borrowed, and what loans Accumulated? And be within a period of 30 days, “adding that” within 90 days, a committee is formed from the Federal Financial Supervision Bureau and the region to review those debts to find out the reasons that led the regional government to borrow, how it disbursed those loans, and with what legal justification it resorted to borrowing. ”

He continued: “The budget also discussed Kirkuk oil, which amounts to 350 thousand barrels per day through oil pipelines in the region, and transportation pipelines paid by the federal government, these are the points, and in return the region must deliver 250 thousand barrels of oil per day to the SOMO company.” In addition to 50% of the border crossing resources. 

Concerning the budget for next year, a member of Parliamentary Finance commented, saying: “There is a technical delegation from the Kurdistan region, present in Baghdad and trying during its meetings to develop a strategy for the budget for the next three years, meaning that the regional government with its technical delegation is still continuing its dialogues with Baghdad until now. The 2021 budget is still being prepared by the government, and its details have not yet been clear.

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A warning about the collapse of the Iraqi economy .. The government resorts to “Treasury bonds” to secure salaries

Economy

Iraq salaries

2020-09-23 08:40

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Shafaq News / The Parliamentary Finance Committee revealed, on Wednesday, a government proposal to resort to central bank treasury bonds to secure employee salaries in the coming period, warning of the collapse of Iraq’s economy in 2021.

Committee member Naji Al-Saeedi told Shafaq News, “The government needs 6   trillion dinars per month to secure the salaries of employees and retirees in the Iraqi state,” pointing out that “oil and non-oil revenues amounted to 3 trillion dinars and are not sufficient to secure their salaries.”

“The government has become unable to secure the salaries of employees in the coming months, so it has resorted to preparing a four-month budget covered by the new borrowing law,” he added.

Al-Saeedi pointed out that “there is a government proposal that includes resorting to central bank treasury bonds to secure salaries in the coming period,” noting that “this will cause the collapse of the Iraqi economy by 2021.”

Yesterday, Tuesday, an official source in the Iraqi Central Bank assured the employees that they could cover their salaries for the month of September and the following months . 

The source said, to Shafaq News Agency, that “the balance of the Ministry of Finance at the Central Bank of Iraq is sufficient to cover the salaries of state employees for the current month of September and subsequent months .”

This comes after an informed source revealed, earlier yesterday, that the Ministry of Finance had not started disbursing the salaries of employees for the month of September until now due to the lack of cash .

The source told Shafaq News Agency, this morning, that the Ministry of Finance is awaiting approval of the budget that includes the loan clause to proceed with the payment of salaries of employees and self-financing departments for the month of September .

He indicated that the finance needs 3 trillions to be added to the sums retained for it to distribute salaries, and the suspension comes in coordination with the Central Bank of Iraq .

Iraq is currently suffering from the difficulty of distributing the salaries of employees and retirees as a result of the global drop in oil prices, on which the federal budget depends, by 90%.

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Al-Salhi reveals the files that Al-Kazemi raised at the meeting of the presidencies and political blocs

Baghdad / Al-Akhbariya

The head of the Turkmen Front, Arshad al-Salihi, revealed, today, Wednesday, the four files that the Prime Minister raised at the meeting of the three presidencies and leaders of political blocs.

Al-Salihi told Al-Ikhbariya, “Al-Kazemi discussed during his meeting with the three presidencies and leaders of political blocs the budget files and their details, the election law as required by the Iraqi street, its procedures and the importance of controlling outlaws who bomb diplomatic missions and their effects, as well as the anti-corruption file.”

 He added, “The Turkmen forces asked him during the meeting to reconsider the recent appointments, as they did not achieve the national balance.”

Salhi pointed out that “the meetings are continuing to pass the election law according to the multiple departments and the Federal Court and then the budget law, after sending it from the government to Parliament.”

It was a meeting held by Prime Minister Mustafa Al-Kazemi two days ago, which included the presidents of Parliament and the Republic, in addition to the leaders of political blocs, while his declared goal was to reach agreements that would advance the country.

https://www.ikhnews.com/index.php?page=article&id=227244

Saleh delivers the speech of Iraq this evening at the United Nations … and this is what it will cover

Time: 09/23/2020 11:08:17

{Baghdad: Al Furat News} The President of the Republic, Barham Salih, will deliver this evening, Wednesday, the speech of Iraq at the work of the 75th session of the United Nations General Assembly.

According to a presidential statement, the speech “will address the political, security and economic developments in Iraq, the region and the world.”

You can follow the speech via the electronic link http://webtv.un.org/ 

Ammar Al-Masoudi

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The International Monetary confirms to the Central Bank its desire to help Iraq

Time: 09/23/2020 09:27:11

{Baghdad: Al Furat News} The International Monetary Fund announced, on Wednesday, its intention to provide support and coordinate financial and monetary policies for Iraq.

A statement of the Central Bank received {Al Furat News} a copy of it, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb, frightening, held a meeting in visual contact with the International Monetary Fund, to discuss issues related to the economic situation in Iraq and the fund’s willingness and desire to help Iraq by providing support and technical advice. Coordinating fiscal and monetary policies and fiscal consolidation plans. ”

He added, “The fund’s team offered the congratulations of the Fund’s Executive Director, Dr. Hazem Al-Beblawi, to the Governor of the Central Bank on the occasion of his assumption of the position.” 

Ali al-Rubaie

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The Iraqi judiciary and Washington are discussing holding accountable the “threats” to embassies and diplomatic missions

Politics

The Iraqi judiciary

The US ambassador to Iraq

Missiles

2020-09-23 06:30

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Shafaq News / The head of the Iraqi Supreme Judicial Council and the US ambassador to Baghdad discussed, on Wednesday, accountability for the “threats” to embassies and diplomatic missions in Iraq.

A statement by the judiciary media received by Shafaq News stated that, “The President of the Supreme Judicial Council, Judge Faik Zidan, received in his office today, Wednesday, the Ambassador of the United States of America in Baghdad, Matthew Toller, and discussed with him the judiciary’s procedures in holding accountable those who attack and threaten embassies and diplomatic missions in Iraq.”

The two sides also discussed “the impact of these threats on Iraq’s relations with the countries of the world.”

Today, Wednesday, an official security source and eyewitnesses reported that a security campaign was launched in the Jadriya area in Baghdad to search for those accused of launching the missile strikes, which usually target the heavily fortified Green Zone, the headquarters of the international coalition and US forces.

The source and witnesses told Shafaq News that the CTS began, since dawn today, a search campaign in the Al-Jadriya area in Baghdad, in search of suspects involved in launching rockets.

Attacks on US forces and interests, as well as the months-long supplies of the international coalition led by Washington, are frequent by unidentified gunmen suspected of being Iraqi fighters loyal to Iran.

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BAGHDAD TO SEND 320BN IQD TO KURDISTAN REGION BETWEEN SEPTEMBER 24 AND 27: SOURCES

Kurdistan and Iraqi flags (File)

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SULAIMANI — As part of a temporary budget deal agreed last month, the federal government is expected to transfer 320 billion Iraqi dinars ($269 million) to the Kurdistan Regional Government (KRG) between September 24 and 27.

Citing sources with knowledge of the process, NRT reporter in Baghdad Omed Muhammad said that the federal government will begin paying monthly salaries to its public sector workers on Wednesday and the transfer to Erbil will be made shortly thereafter.

Locked in a long-running disagreement over the federal budget, both Erbil and Baghdad are facing budget shortfalls because of low oil prices and the negative economic impact of the coronavirus, which has caused some delays in processing payments.

On September 21, the KRG Minister of State Khalid Shwani complained that the federal government had not yet sent the transfer.

In April, Baghdad cut off all budget transfers to Erbil after the latter failed to send any oil to the federal government, as it was required to under the 2019 federal budget law. The move put huge financial pressure on the KRG, which repeatedly delayed and then cut public sector salaries.

The two sides reached a temporary agreement in early August where Baghdad would send 320 billion Iraqi dinars per month, in return for bringing customs procedures at the Region’s international border crossings under federal control.

Despite the deal, more than a month has passed since the KRG paid its own public servants, with many worrying that the KRG will again delay salary payments.

It is estimated that the KRG requires 894 billion Iraqi dinars ($749.3 million) to pay its public sector wage bill, about half of which, 452 billion dinars, had been supplied by Baghdad before April.

The August deal helps to address that, but by no means does so fully.

Beyond what it owes to its people, the KRG also carries significant foreign and domestic debt and has delayed payments to international oil companies operating in the Kurdistan Region.

(NRT Digital Media)

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