Sairoun: The moves to dismiss Al-Halbousi are just (media proposals)

10/30/2020

 

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Baghdad / Al-Mawred News

On Friday, MP Rami al-Skiny, representing Saerun, considered the political moves to find an alternative to Parliament Speaker Muhammad al-Halbousi with “media proposals.”

Al-Skini said in a radio interview, “The current stage and the current circumstance do not allow the idea of changing Al-Halbousi or not, especially in light of the political fluctuations that the country may witness in the coming period.”

He pointed out, “Such decisions need to be studied and a high-level political understanding, especially since Iraq is an open arena, which requires access to international and regional balance.”

Al-Skini considered that “the media proposals towards the dismissal of Al-Halbousi are the result of fragmentation in some political components, which led to the formation of a bloc that stood against the speaker of Parliament.”

https://almawrid.news/contents/view/details?id=20457

Statement: Al-Kazemi and his Egyptian counterpart will sign Saturday the joint minutes of cooperation in 4 areas

2020.10.30 – 23:31

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Baghdad – People  

The Iraqi-Egyptian Higher Committee for Ministerial Level reviewed the areas of cooperation, understandings, agreements and protocols agreed upon, while the Minister of Planning confirmed the Iraqi government’s keenness on joint Arab action.  

The Ministry of Commerce said in a statement that “People” received a copy (October 30, 2020), that “the Iraqi-Egyptian Higher Committee for the Level of Ministers reviewed memoranda of understanding, agreements and protocols that were drafted and prepared by the committee at the expert level during its meetings over the past two days, in the presence of the Iraqi Minister of Planning. And the Egyptian Minister of International Cooperation.  

The Minister of Planning, Khaled Battal Al-Najm, who represented the Minister of Commerce in the chairmanship of the committee for the ministerial level, said in a welcoming speech, that “this meeting is to support the bonds of economic, commercial, scientific and cultural cooperation, to strengthen economic and trade relations, to raise trade exchange and exchange experiences between the two countries,” expressing the “desire and keenness of the government.” On the joint Arab action that is taking place under dynamic international and regional conditions dominated by interconnectedness and integration between countries and peoples of the world.  

For her part, the Egyptian Minister of International Cooperation, Rania Al-Mashat, affirmed that “Egypt and Iraq are linked by extended historical and cultural ties, and we deal with exchanging projects and agreements with Iraq in various fields, especially since Egypt has witnessed many challenges, but started reforms at various levels, infrastructure, transportation, electricity, and agriculture, and that does not give way to technical support and partnerships.” With states. ”  

And she continued, “It also seeks to develop a clear and integrated plan with Iraq to implement the projects, agreements and understandings reached by the two sides.”  

According to the statement, the head of the expert committee for the Iraqi side, Walid Al-Mousawi, reviewed the memoranda of understanding, the protocols that were prepared to sign in their final form, and the great efforts made by the two sides with the sectors and ministries in both countries, which are 15 memoranda of understanding in various fields of commercial, industrial, agricultural, health, scientific, cultural, investment, energy and infrastructure. Housing, communications, transportation, social affairs and political fields, which are in the interest of Iraq and Egypt. ”  

The statement indicated that, “tomorrow the prime ministers of both countries will sign the joint report of the joint Iraqi-Egyptian Higher Committee for economic, commercial, scientific and cultural cooperation.”  

https://www.nasnews.com/view.php?cat=44012

Clarification from the Ministry of Finance regarding the delay in salaries for the current month

Editing date: 10/30/2020 17:13

[Baghdad-Where]

On Friday, the Ministry of Finance issued a clarification regarding the delay in paying salaries for the month of October, pointing out that the government has one option to pay salaries, which is to borrow.

The Ministry of Finance stated, in a statement, that “last week witnessed the making of a number of public statements and inquiries that were raised regarding the delay in paying the salaries of October, and this comes in the wake of the delay in paying the salaries of September.”

The statement added, “The Ministry of Finance has repeatedly affirmed that the government’s current revenues, in light of low oil prices and Iraq’s commitment to OPEC decisions related to reducing oil production, are insufficient to meet the government’s current expenditures.” Current government expenditures, and we expect this situation to continue in the near future.

He continued, “To address structural imbalances in public finances, the Ministry of Finance has embarked on a three-pronged program to address short, medium and long-term issues that affect the Iraqi economy,” explaining that “for the very short period, from now until the end of 2020, you do not see The Ministry of Finance has no choice but to resort to short-term loans from state banks, which will then be deducted from the central bank. ”

He pointed out that “all other options, such as increasing revenues from customs, taxes, or levies from the electricity sector, are simply not possible in the short term,” noting that “despite the need to rationalize and activate the generation of other non-oil revenues, such measures will not “In the short term, it compensates for the shortfall in oil revenues, given the structure of our economy, and all other measures related to public sector payroll management require legislative approval before they translate into spending cuts or revenue generation.”

The finance statement added, “The ministry does not seek to increase the public debt unless it is necessary and its service is sustainable,” explaining that “Iraq’s debt at the present time is not excessive compared to the size of its economy, and public debt in the world has grown tremendously over the past twelve months, To address the negative consequences of the Corona pandemic, and at the global level, public debt as a percentage of GDP is close to 100%, and in Iraq it is still less than 75% of GDP.However, the Ministry of Finance recognizes the need to be careful in the way the deficit is financed. In public finance. ”

He explained, “The Ministry of Finance was open and transparent regarding the state of public finances and issued accurate and timely information when requested by the House of Representatives. The ministry is aware of the concerns that may arise as a result of delay in fulfilling government spending obligations,” noting that “the situation today is fundamentally different from “Previous periods when public finances were under pressure as a result of low oil revenues. Public spending not only grew rapidly in the past five years, but the decline in oil production and prices was longer and deeper than previous periods, in light of a difficult global economy.”

Regarding the borrowing law, the statement pointed out that “Finance has asked the House of Representatives to authorize it to borrow 41 trillion dinars for the remainder of the current year to meet the deficit in financing payments for salaries, retirement, and dues in 19 and 20 and other expenditures and investment projects, and the ministry plans to introduce major reforms that affect public finances. In the 2021 budget, “explaining that” if it is approved by the Council of Ministers and the House of Representatives, we believe that it will form the basis for addressing economic issues in the medium term and rationalizing public finances during the period from 2021 to 2023. ”

The statement concluded, “The Ministry of Finance played a fundamental role in leading the team that developed the white paper. This aims to analyze structural problems affecting the Iraqi economy and provide detailed solutions to solve them, and this reform program aims to reorient the axes of the Iraqi economy. The reform program will require a great deal.” Of legislative and institutional work and cannot be implemented without the support of Parliament. ”

http://www.alliraqnews.com/modules/news/article.php?storyid=103053

Washington has pushed for sanctions against Tehran … 6 new oil companies are on the list

Arab and international

Iranian oil

US sanctions on Iran

2020-10-30 10:52

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Shafaq News / On Friday, the US administration imposed new sanctions on Iranian companies operating in the fields of oil and petrochemicals.

A statement issued by the US State Department said that the United States had imposed sanctions on Aria Sasol Polymer Company, Penrin Ltd. and Bakhtar Trading Company.

The US administration has also imposed sanctions on other companies, such as the Kavian Petrochemical Company, and the Strait Shipbrokers Pte Ltd, under Article 3 of Executive Order 13846.

These companies, based in Iran, China and Singapore, were knowingly involved in the process of purchasing, acquiring, selling, transporting or marketing oil products from Iran.

And the Ministry of Foreign Affairs imposed other sanctions on a number of personalities, such as, Amir Hussein Bahraini, Lin Na Wai, Murtaza Mustafa Munir Bisaray, Hussain Firuzi Arani, and Ramazan Ouladi, as the chief executives of the aforementioned entities.

These personalities had performed similar tasks, and wielded similar powers as the CEO.

In addition, the Office of Foreign Assets Control (OFAC) of the US Treasury has listed eight entities due to their involvement in the sale and mediation of Iranian petrochemical products and purchase of Trilliance Petrochemical Company Ltd., a US entity listed on the sanctions list under Executive Order 13846.

The Ministry of Justice announced that it had submitted a complaint to the confiscation of shipments of Iranian missiles that were confiscated by the US Navy on their way from the Iranian Revolutionary Guard to militant groups in Yemen.

The US Navy had previously seized about 1.1 million barrels of Iranian oil, which the United States had seized from four foreign oil tankers bound for Venezuela.

https://shafaq.com/ar/%D8%B9%D8%B1%D8%A8%D9%8A-%D9%88%D8%AF%D9%88%D9%84%D9%8A/%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D8%AA%D9%88%D8%BA%D9%84-%D8%A8%D9%81%D8%B1%D8%B6-%D8%A7%D9%84%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%B9%D9%84%D9%89-%D8%B7%D9%87%D8%B1%D8%A7%D9%86-6-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%86%D9%81%D8%B7%D9%8A%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%84%D8%A7-%D8%AD%D8%A9

Iraqi Finance reaches an option that secures the remainder of the salaries in 2020

Economy

breaking

Salaries

Financial

2020-10-30 08:42

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Shafaq News / The Ministry of Finance said on Friday that the federal government has no choice in securing salaries but to resort to short-term loans until the end of this year.

In a statement received by Shafaq News Agency, the ministry explained, “ Last week, a number of public statements and inquiries were made regarding the delay in paying the salaries for the month of October. This comes in the wake of the delay in paying the salaries of the month of September,” pointing out that it “confirmed Repeatedly, the government’s current revenues, in light of low oil prices and Iraq’s commitment to OPEC decisions to reduce oil production, are insufficient to meet the government’s current expenditures. At present, monthly oil revenues are less than 50% of the government’s current expenditures. We expect this situation to continue in near future”.

She added, ” To address structural imbalances in public finances, the Ministry of Finance has embarked on a three-pronged program to address short, medium and long-term issues that affect the Iraqi economy,” explaining by saying, “For the very short period, from now until the end of 2020, the Ministry of Finance does not see.” “Any choice but to resort to short-term loans from state banks   , which will then be deducted from the central bank. All other options, such as increasing revenues from customs or taxes or levies from the electricity sector, are simply not possible in the short term.”

“Despite the necessity to rationalize and activate the generation of other non-oil revenues, such measures will not compensate, in the short term, for the shortage in oil revenues, given the structure of our economy. All other procedures related to managing the public sector payroll require legislative approval before they are done,” she said. Translate into spending cuts or revenue generation. ”

The Ministry of Finance noted that it “does not seek to increase public debt unless it is necessary   and its service is sustainable,” noting that “Iraq’s debt at the present time is not excessive compared to the size of its economy. Public debt in the world has grown tremendously during the past twelve months, To address the negative consequences of the Corona pandemic. ”

She explained, “Globally, public debt as a percentage of GDP is close to 100%.   In Iraq it is still less than 75% of GDP. However, the Ministry of Finance is aware of the need to be careful in how to finance the deficit in public finances.”

The Ministry of Finance pointed out that it “was open and transparent regarding the state of public finances and issued accurate and timely information when requested by the House of Representatives. The Ministry is aware of the concerns that may arise as a result of the delay in fulfilling government spending obligations. The situation today is fundamentally different from previous periods when it was exposed. Public finances are under pressure as a result of lower oil revenues. Not only has public spending grown rapidly in the past five years, but the decline in oil production and prices has been longer and deeper than in previous periods, in light of a difficult global economy.

She indicated that she ” asked the House of Representatives to   authorize her to borrow 41 trillion dinars for the remainder of the current year to meet the deficit in financing salaries and retirement payments, 19 and 20 dues   and other expenditures and investment projects.” “.

She said, “If it is approved by the Council of Ministers and the House of Representatives, we believe that it will form the foundations for dealing with economic issues in the medium term and rationalizing public finances during the period from 2021 to 2023.”

“The Ministry of Finance played a fundamental role in leading the team that put together the white paper. This aims to analyze structural problems affecting the Iraqi economy and provide detailed solutions to solve them. This reform program aims to reorient the axes of the Iraqi economy. The reform program will require a great deal of legislative work.” And institutional and cannot be implemented without the support of Parliament. ”

https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-%D8%AA%D8%AA%D9%88%D8%B5%D9%84-%D8%A7%D9%84%D9%89-%D8%AE%D9%8A%D8%A7%D8%B1-%D9%8A-%D9%85%D9%86-%D9%85%D8%A7-%D8%AA%D8%A8%D9%82%D9%89-%D9%85%D9%86-%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-%D9%81%D9%8A-%D8%B9%D8%A7%D9%85-2020

Kurdistan Region welcomes the extension of the German military mission in Iraq

Kurdistan Region

Kurdistan Region

Germany

2020-10-30 07:54

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Shafaq News / On Friday, the Kurdistan Regional Government welcomed the German parliament’s decision to extend the mission of his country’s forces in Iraq .

The Prime Minister of the region, Masrour Barzani, said in a tweet on the social networking platform Twitter, “I welcome the extension of the mandate of the German armed forces in the international coalition against ISIS and the NATO mission until January 2022 .

“Germany had a central role in the war against ISIS and supported the Peshmerga forces, including training.

The German parliament approved again to extend the mission of the German army in Iraq for another 15 months, as the majority supported in a name vote in favor of the extension of the mission .

The mission of the (German) Federal Army will continue until the end of January 2022, and no more than 500 soldiers will participate in it, according to the decision of the Council of Ministers, after the German Parliament agreed to extend the deadline to 15 months.

Germany is contributing to the mission with airspace radar for early detection of aircraft and missiles. It is expected that the task of training the Iraqi armed forces in the future, part of the current NATO mission in Iraq .

The parties of the grand coalition in Germany had called earlier to support the continuation of the German army’s mission in Iraq .

The Islamic State (ISIS) seized large areas in northern   Iraq between 2014 and 2017, but then lost these areas   through an internationally supported attack, but the organization is still launching attacks.

https://shafaq.com/ar/%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D9%80%D9%80%D8%AA%D8%A7%D9%86%D9%8A%D8%A7%D8%AA/%D9%82%D9%84%D9%8A%D9%85-%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86-%D9%8A%D8%B1%D8%AD%D8%A8-%D8%A8%D8%AA%D9%85%D8%AF%D9%8A%D8%AF-%D9%85%D9%87%D8%A7%D9%85-%D8%A7%D9%84%D8%A8%D8%B9%D8%AB%D8%A9-%D8%A7%D9%84%D8%B9%D8%B3%D9%83%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D9%84%D9%85%D8%A7%D9%86%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82

Hyundai signs a deal of two billion dollars with Iraq

Editing date: 10/30/2020 13:22

[Baghdad-Where]

The South Korean Hyundai company announced that it had reached a deal worth nearly two billion dollars that it signed with Iraq to build a waste recycling facility in Basra Governorate, in the south of the country.

As for the Iraqi corporation, partner in this deal, it is the state-owned Basra Oil Company.

Hyundai stated that the construction works of the facility will start in January and end in July 2025. It also added that this deal constitutes 11.7 percent of its revenues for the past year.

http://www.alliraqnews.com/modules/news/article.php?storyid=103034