Iraq congratulates Biden: He is a reliable friend and partner

Politics

Iraq

Barham Salih

breaking

Biden

2020-11-07 14:29

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Shafaq News / On Saturday, Iraqi President Barham Salih congratulated Democratic candidate Joe Biden on his victory in the US presidential elections.

Saleh said in a tweet on Twitter, “I extend my warmest congratulations to President-elect Joe Biden, a trusted friend and partner in the cause of building a better Iraq.”

Saleh added, “We look forward to working to achieve our common goals and to promote peace and stability in the entire Middle East region.” 

And American media, including NBC and CNN, announced Biden’s victory in the elections after the votes of Pennsylvania were decided in his favor.

The election witnessed the highest turnout since 1900, and Biden has won more than 73 million votes so far, the largest number ever for a US presidential candidate.

Trump’s loss in the election race makes him the first single-term president since the 1990s.

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Massoud Barzani congratulates Biden’s “friend” victory in the elections

Kurdistan Region

breaking

Biden

Barzani

2020-11-07 14:19

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Shafaq News / The Kurdish leader, Massoud Barzani, congratulated on Saturday, the US President-elect Joe Biden on his victory in the race to reach the White House as President of the United States of America, describing him as “my friend.”

Barzani wrote on his Twitter page, “I express my heartfelt congratulations to you, my friend, President-elect Joe Biden for your victory.” 

“I sincerely hope and pray to God that the free world under your leadership will witness more peace and prosperity,” Barzani added, addressing Biden.

And American media, including NBC and CNN, announced Biden’s victory in the elections after the votes of Pennsylvania were decided in his favor.

The election witnessed the highest turnout since 1900, and Biden has won more than 73 million votes so far, the largest number ever for a US presidential candidate.

Trump’s loss in the election race makes him the first single-term president since the 1990s.

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%85%D8%B3%D8%B9%D9%88%D8%AF-%D8%A8%D8%A7%D8%B1%D8%B2%D8%A7%D9%86%D9%8A-%D9%8A%D9%87%D9%86-%D8%A8%D9%81%D9%88%D8%B2-%D8%B5%D8%AF%D9%8A%D9%82%D9%87-%D8%A8%D8%A7%D9%8A%D8%AF%D9%86-%D9%81%D9%8A-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%AE%D8%A7%D8%A8%D8%A7%D8%AA

The Kurdistan Regional Government congratulates Biden: Our partnership is essential to the stability of the region

Kurdistan Region

Kurdistan

breaking

Biden

2020-11-07 13:22

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Shafaq News / The Prime Minister of Kurdistan Regional Government, Masrour Barzani congratulated the election of Joe Biden as President of the United States and Kamala Harris as Vice President.

Barzani added in a tweet on Twitter, “I look forward to continuing close and strong cooperation between the Kurdistan Region and the United States.”

The regional government head indicated that “our partnership is essential to regional stability and prosperity.” 

And American media, including NBC and CNN, announced Biden’s victory in the elections after the votes of Pennsylvania were decided in his favor.

The election witnessed the highest turnout since 1900, and Biden has won more than 73 million votes so far, the largest number ever for a US presidential candidate.

Trump’s loss in the election race makes him the first single-term president since the 1990s.

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/%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D9%82%D9%84%D9%8A%D9%85-%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86-%D8%AA%D9%87%D9%86-%D8%A8%D8%A7%D9%8A%D8%AF%D9%86-%D9%86%D8%AA%D8%B7%D9%84%D8%B9-%D9%84%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D9%88%D8%AB%D9%8A%D9%82

The Minister of Finance announces the date for the payment of employees’ salaries and resolves the deduction controversy

Economy

breaking

Minister of Finance

Staff salaries

2020-11-07 12:13

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Shafaq News / The Minister of Finance, Ali Abdul Amir Allawi, announced on Sunday that the salaries of employees will be paid directly in the event that the parliament approves the borrowing law, and a two-week deadline was set for the payment of the salaries of last October in the event that this law was not passed.

Allawi said in a press interview with the official Iraqi News Agency, which was followed by Shafaq News, that “the financial crisis that the country is going through is not a newborn today,” explaining that “reducing Iraq’s share of oil exports has an impact on revenues.”

He added that “options to maximize revenue quickly and in the short term in order to bridge the deficit are almost impossible.”

Allawi pointed out that “the current government faced the crisis without financial liquidity,” noting that “the salaries of employees for the month of October may be paid after two weeks if the deficit financing law has not passed.”

He continued, “If the House of Representatives votes on the deficit financing law, salaries will be released directly,” noting that “the amount contained in the deficit financing law, which is 41 trillion, will secure salaries until the first two months of next year.”

Allawi pointed out that “the mechanism of repayment of internal borrowing is done through the revenues generated from oil and the benefits resulting from hypothetically,” noting that “there is a strong trend to activate the collection of electricity through the installation of electronic meters.”

The Minister of Finance stated that “Iraq’s foreign debts range from 60 to 70 billion dollars, and the internal debts are estimated at 60 trillion dinars.”

He noted that “the 2021 budget will be presented this month and includes the implementation of the first phase of the white paper,” noting that “the price of a barrel of oil in the 2021 budget is $ 41.”

Allawi said that “the majority of employees are not covered by the proposed deduction, but rather includes allocations for specific groups,” noting that “the 2021 budget does not include functional degrees, but there is the possibility of investing degrees of deletion and creation.”

He pointed out that “there is a tendency to collect the retirement of workers in the private sector with the National Pension Authority with the unification of the years of retirement and deductions,” explaining that “Resolution 315 is difficult to implement in the absence of the budget law.”

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Parliament’s finance expects the date of passing the borrowing law to finance salaries and determine its financial size

2,365 Policy 2020/11/07 20:24

Baghdad today – Baghdad 

The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, determined today, Saturday, the amount of the government’s fiscal deficit in one month, while voting on the borrowing law was likely during the current week.

Ahmed Al-Saffar said, in an interview with (Baghdad Today), that “Parliament read the loan bill for a second reading, after the meeting of the Finance Committee. We attended the report of the committee and it was presented during the session and we listened to the opinions of the representatives regarding it.”

Al-Saffar added, “The coming days will witness gathering information from the government and preparing the law in agreement with the government party,” noting that “the focus will be on the necessary expenditures only, including salaries, retirees, social care, ration card and medicine.”

He pointed out that “the government has a deficit of about 3 and a half trillion per month, and I expect the approval to be between 10 and 15 trillion, to secure the necessary expenditures until the end of this year, and pending the arrival of the 2021 project to the council during the current month, according to the Minister of Finance.”

He suggested the decision of the Finance Committee in Parliament, that “the vote on the deficit financing law will take place in the House of Representatives next Wednesday or Thursday, because the House of Representatives and Parliament are embarrassed about the issue of salaries.”

Today, Saturday (November 07, 2020), the Parliamentary Finance Committee in the House of Representatives expressed its opinion regarding the fiscal deficit financing law, which by passing it will provide the salaries of employees for the past month.

The committee stated in a statement received (Baghdad Today): “We are keen to pass the borrowing law in a manner that guarantees payment of the salaries of employees and retirees, the social protection network, and other expenditures, and the implementation of financial and economic reforms by the government.”

She added, “We have documented information and data that the amount of the borrowing is exaggerated, compared to the disbursement of previous months, as well as by hosting officials in the Ministry of Finance and knowing the data before it.”

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Parliament ends the report and debate on the borrowing law and raises its session to the two

Politics

The Iraqi Parliament

Borrowing Act

2020-11-07 09:43

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Shafaq News / On Saturday, the Iraqi parliament completed the report and discussion of a draft law on financing the fiscal deficit, which enables the government to distribute the salaries of employees for the month of October in the event of voting on it.

And the media department of the council announced in a statement, received by Shafaq News, that “this came during today’s session that was held under the chairmanship of the Council’s Second Deputy Chairman, Bashir Al-Haddad.

The Council also completed the report and discussion of the draft law ratifying the agreement on avoiding double taxation and preventing financial evasion with regard to taxes on income and capital between the government of the Republic of Iraq and the government of the State of Kuwait, in addition to the report and discussion of the draft law on the accession of the Republic of Iraq to the agreement on recognition and implementation of foreign arbitration decisions (New York 1958) ).

The session also witnessed the completion of the report and discussion of the draft law abolishing Law No. 127 of 1981, the Ratification Law of the Arab Labor Convention No. 10 of 1979 regarding paid study leave and the Arab Recommendation No. 3 of 1979 attached to it , as well as the report and discussion of the draft law on the accession of the Republic of Iraq to the International Convention for Preparation Addressing and Cooperation in the Field of Oil Pollution ( OPRC90 ) for the year 1990.

The Council decided to adjourn its meeting to next Monday at 12 noon .

Today, Saturday, the Parliamentary Finance Committee expressed its reservation regarding the draft fiscal deficit financing bill, noting that there is an “exaggeration” in the funds requested by the government.

Parliamentary documents, a copy of which were obtained by Shafaq News Agency, indicated that the Finance Committee in the Iraqi Parliament found an exaggeration in the estimates of the required amounts, while it called for reducing all expenses and being satisfied with the necessary ones.

 https://shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%86%D9%87%D9%8A-%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D9%88%D9%85%D9%86%D8%A7%D9%82%D8%B4%D8%A9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6

The Ministry of Finance reduces the borrowing ratio to 31 trillion, from 41 trillion

Economy

Iraqi Finance

Borrowing Act

2020-11-07 06:45

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Twilight News / Parliamentary Finance Committee, announced on Saturday, the reduction of the Ministry of Finance and the proportion of borrowing to 31 trillion Iraqi dinars after it was 41 trillion .

The committee member said Ahmed Mazhar al – Jubouri, told Twilight News, ” The committee held several consultations with the Ministry of Finance to discuss the financing of the fiscal deficit law (borrowing), pointing out that” the reduction of the ministry ratio of borrowing to 31 trillion after it was 41 such a clear signal that the amount of 41 was overrated . ”

He added that “his committee stresses the reduction and limitation of the percentage,” noting that it is likely not to vote on the law during the sessions on Monday or Tuesday .

Al-Jubouri expected “passing the law during next Thursday’s session,” pointing out that “the government needs 6 to 7 trillion dinars to cover salaries .”

For its part, the Parliamentary Finance Committee indicated that “it has documented information and data that the amount of borrowing is exaggerated compared to the disbursement of the previous months, as well as by hosting officials in the Ministry of Finance and knowing the data before it .”

She added, “She is keen to pass the borrowing law in a manner that guarantees the payment of salaries of employees and retirees, the social protection network and other expenditures, and the financial and economic reforms undertaken by the government .”

The leader of the Sadrist movement, Muqtada al-Sadr, warned today, Saturday, against internal and external financial borrowing to fill the deficit in the general budget, and to pay the salaries that the federal government had failed to disburse on time during the past months, and presented a number of points that he considered alternatives to avoid borrowing .

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Parliament sessions .. House of Representatives votes on the law of Iraq’s accession to the Asian Investment Bank agreement

Section : Iraq

Baghdad / Obelisk:

Saturday 7 November 2020

The House of Representatives votes on the law on Iraq’s accession to the Asian Investment Bank agreement

The House of Representatives begins discussing the report of the Finance Committee on the borrowing law

Parliament holds its session chaired by Al-Halbousi.

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