The President of the Kurdistan Region sends a message to Biden-Harris and describes the inauguration ceremony as historic

Kurdistan Region


Nechirvan Barzani

Joe Biden

2021-01-20 14:03

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Shafaq News / The President of Kurdistan Region, Nechirvan Barzani congratulated on Wednesday, US President Joe Biden on the occasion of his swearing in and assuming his official duties.

He said in a tweet, “On behalf of the Kurdistan Region, I would like to congratulate President Joe Biden and Vice President Kamala Harris on their historic inauguration.”

“I wish them success in leading the American people, and I look forward to working with our friends in the new administration,” he added.

Nechirvan Barzani


On behalf of the Kurdistan Region, I would like to congratulate President @JoeBiden and Vice President @kamalaHarris on their historic inauguration. I wish them success in leading the American people and look forward to working with our friends in the new administration.

1:40 PM · Jan 20, 2021–%D9%87%D8%A7%D8%B1%D9%8A%D8%B3-%D9%88%D9%8A%D8%B5%D9%81-%D8%AD%D9%81%D9%84-%D8%A7%D9%84%D8%AA%D9%86%D8%B5%D9%8A%D8%A8-%D8%A8%D8%A7%D9%84%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE%D9%8A

Saleh congratulates Biden and invites him to take important steps

Time: 01/2021 20:50:57 Read: 403 times

(Baghdad: Al Furat News) President Barham Salih congratulated, today, Wednesday, US President Joe Biden on the occasion of his swearing in and assuming his official duties.

Saleh expressed his “aspiration to strengthen relations between the two countries in various fields, to face common challenges, foremost among which is combating terrorism and extremism, and to work to reduce tensions in the Middle East region, and to chart a path towards a more prosperous Iraq and Middle East based on mutual respect and the values of freedom and democracy.”

In the text of the congratulations, he said, “Dear President Joseph Biden, I extend my sincere congratulations on your inauguration as President of the United States of America, and I wish you and Vice President Harris all success in your future endeavors as you work to achieve the hopes and aspirations of the American people.”

He added, “We look forward to building on the deep relations that bind our two countries, expanding the range of strategic cooperation that we already enjoy, and together we face many challenges, especially those represented by terrorism and extremism, as it is in our common interest to confront them, and we also welcome the opportunity to work closely with the states.” United to ease regional tensions and promote peace and stability in the Middle East. ”

“We hope that the relations between our two countries will become stronger in the coming months and years, and that we will be able to chart a common path towards a more prosperous Iraq and Middle East based on mutual respect and our common values of freedom and democracy,” Saleh added.

A monthly salary for every Iraqi..within the promises of previous governments and the possibility of implementation

874 Policy 01/2021 20:27

Baghdad today – Baghdad 

A member of the Parliamentary Economic Committee, Mazen Al-Faili, confirmed today, Wednesday, that wealth belongs to the Iraqi people, and while noting that it is not distributed fairly among the people, he indicated that the talk about paying a salary to every citizen of the revolutions is just electoral propaganda, he said.

In an interview with (Baghdad Today), Mazen Al-Faily stated that “to disburse oil revenues to Iraqis you need a special system that differs from the current situation and the management of financial policy,” noting that “wealth is the property of the Iraqi people and therefore must be distributed fairly and equally, according to population density.” And entitlement for each province. ”

Al-Faily added, “The southern governorates have entitlements regarding petrodollars that they have not yet received due to weak procedures, mismanagement and the economic crisis that the country is going through.”

He explained, “The talk of previous governments about allocating a monthly salary to every citizen is a constructive talk that has nothing to do with reality or electoral propaganda, but when they reach power, they clash with reality.”

Officials and representatives in parliament have been promising for years to allocate a salary to every Iraqi person from oil sales imports, without any implementation or proposal yet, at a time when activists and politicians consider that these statements come as part of the vote-gathering process before each election process.

Iraq is experiencing a suffocating financial crisis due to the decline in oil prices due to the Corona pandemic crisis, which has paralyzed large sectors of the world’s economies.

Before the Corona crisis, revenues from selling crude were about $ 6 billion a month, but they have almost halved since last year, 2020.

Al-Maliki launches his election campaign early: We are coming to restore the prestige of the state


Nouri al-Maliki

2021-01-20 11:54

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Shafaq News / Today, Wednesday, the head of the State of Law coalition, Nuri al-Maliki, launched his election campaign “early,” stressing his intention to complete the “building process and restore the prestige of the state,” while warning against a repeat of the 2018 election scenario.

Al-Maliki said, in a speech delivered this evening, amid a large gathering of the masses of his coalition on the Rusafa side in Baghdad, and the Shafaq News Agency reviewed it, that “the slogan of the next state of law will be the completion of the process of building the state, and restoring its prestige that the anarchists and outlaws have brought down.”

He added, “We feel great pain at the loss of the state’s prestige and the state of weakness and weakness that has afflicted it. We do not want chaos in Iraq and we want a strong state with the ability to establish security and enforce law.”

The head of the State of Law coalition stated that “the elections are a great responsibility and an important milestone because they enable us to correct the course of governmental and parliamentary work,” calling for “a readiness to participate in the broad elections and scrutinize the candidates who applied to run in the elections and choose who is the fittest.”

He warned against “the attempts of some to influence the voters’ choice by luring them with money, gifts and gifts,” considering that “this matter is an attempt to insult the voter and take away his will.”

Al-Maliki stressed the importance of “the upcoming elections being fair, transparent and far from tampering with the absurd, and that the scenario of the 2018 elections, and the manipulation and abuse that took place at their time,” will not be repeated, recalling “the successful electoral practices that the government administered during the period from 2006 to 2014.” .

Regarding the regional situation and the international changes taking place, Al-Maliki said, “What happened in the United States recently of the attack on the Congress building and President Trump’s objection to the election results represents a severe blow to the body of democracy.”

He expressed his hope that “the new administration will be able to address the inherited problems and crises to change the image of America and develop relations with friendly countries and the world.”

Finance announces the launch of employee payroll financing for the month of January

Political | 05:36 – 20/01/2021

BAGHDAD – Mawazine News

The Ministry of Finance / Accounting Department announced, on Wednesday, the launch of salary financing payments to all ministries for the month of January.

“The ministry launched salary financing payments for all ministries for the month of January 2021,” the media office of the Ministry of Finance said in a statement that Mawazine News received a copy of.

The Ministry called on all ministries and entities not associated with a ministry to “review the Accounting Department for the purpose of starting the salary financing procedures according to the established contexts and as of Sunday, 1/24/2021.”

Iraq tops the first place in the Arab world in terms of activity and trading

Editing date: 1/20/2021 14:38 • 59 times read


The Arab Monetary Fund announced, on Wednesday, that Iraq ranked first in the Arab world in terms of activity and trading.

The head of the Securities Commission, Faisal Al-Heimas, said in a statement, “The announcement was made by the Arab Monetary Fund in its latest statistics. Iraq ranked first in the Arab world for the first time in many years in terms of the change in the percentage of activity and circulation.”


Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani meets with foreign diplomats based in Kurdistan on January 20, 2021 (Photo Credit: @Masrour-barzani/Twitter))

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SULAIMANI — Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani on Wednesday (January 20) asserted that the KRG has always worked to have excellent with the federal government and that he wanted to solve disagreements between Erbil and Baghdad in accordance with the constitution.

During a meeting with foreign diplomats based in the Kurdistan Region, Barzani said that the KRG aims to secure a fair budget deal that is in the interest of the people of the Region and Iraq, including the public servants working for the KRG, according to a statement.

He said that a KRG delegation will return to Baghdad next week for additional talks about outstanding issues with Baghdad, stressing that the issue of salary should not be mixed in with political conflicts and must not be used as “a pressure card” against the Kurdistan Region.

“We have been building new and stronger partnerships with the private sector to ensure our diversification program keeps growing,” Barzani said in a tweet, adding that “these public-private partnerships will create more infrastructure projects, better services, and new jobs.”

He said that KRG’s plans to increase non-oil and gas revenue include “organizing and enforcing the existing tax laws.”

“The Kurdistan Region is an important factor in the stability of the region and calls for friendly relations with neighboring countries and the development of relations with the international community in general,” he said.

(NRT Digital Media)

A Kurdistan government delegation visits Baghdad to sign a memorandum of understanding


Kurdistan Ministry of Trade

2021-01-20 08:10

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Shafaq News / The Ministry of Trade in the Kurdistan Regional Government announced, on Wednesday, that it had reached understandings with the federal government regarding “local product”, while it indicated that a Kurdish delegation will visit Baghdad for talks.

A spokesman for the Ministry of Trade, Fathi Muhammad Ali, told Shafaq News, “We have reached good joint understandings with the Federal Ministry of Industry,” indicating that “a ministerial delegation headed by Minister Kamal Muslim will visit Baghdad to sign a joint memorandum of understanding.”

He pointed out that “the memorandum aims to protect the local product, which is the core of the agreement that the two sides will sign,” stressing that “it will positively affect mutual economic activity.”

The Ministry of Trade and Industry in the Kurdistan Region agreed with the Ministry of Industry in the federal government earlier today, Wednesday, to form a joint committee responsible for protecting and marketing the local product, in addition to reducing the routine in granting industrial establishment licenses.

The Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, accompanied by Minister of Trade Alaa Ahmed Al-Jubouri on Tuesday, arrived in the governorate of Erbil at the head of a ministerial delegation that included the Ministry’s Technical Undersecretary Adel Karim and the Ministry’s Adviser for Development Affairs Qaiser Ahmed Al-Hashemi and a number of general managers and officials at the Ministry’s headquarters and companies on an official visit to discuss many Among the common issues and opening horizons for future cooperation between the federal government and the region in the industrial field.

Credit rating .. Iraq is among the countries with the highest risk



Credit rating

2021-01-20 07:12

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Shafaq News / The American insurance agency “AM Best” classified Iraq among the most dangerous countries in the political, economic and financial fields. 

The agency’s special report on Iraq came within the framework of “risk reports” related to 138 countries around the world, in which risk levels are determined for each country, in order to serve international insurance companies to fulfill their financial obligations, based on a study and evaluation of all factors that directly or indirectly affect the insurance sector. It is done by classifying countries according to their severity, as Iraq was classified among the most dangerous countries (CRT5), meaning that it poses a great risk to the financial stability of the guarantors. 

The report obtained by Shafaq News Agency stated that Iraq is among the level of the highest risk countries, based on measures of the economy, politics and the financial system. 

While the GDP growth during the year 2019 was 4.4%, it is expected that the outcome will be a decline of 12% in the year 2020, which is an economic decline due to the measures taken to limit the spread of the Corona epidemic and the collapse of oil prices. 

Among the countries that pose a high risk, a map published by the agency shows countries such as Iraq, Egypt, Libya, Algeria, Lebanon, Ethiopia, Kenya and Nigeria. 

In a depiction of the regional scene, the agency’s report said that the global collapse of oil prices in 2020 was a “big shock” for the region, given that many of its countries’ economies depend on the export of oil and gas. 

The agency believed that the social and political unrest in the region may escalate, especially in countries suffering from limited resources that cannot provide incentives. She added that countries such as Saudi Arabia, the UAE, Kuwait and Qatar can absorb the economic cost of the epidemic, but other countries, such as Algeria, Tunisia and Lebanon, have less room for maneuver. The situation in Lebanon constitutes a particular instability. 

 She noted that many of the currencies of the region’s countries are linked to the US dollar, which limits the ability of financial policies to deal with the crisis. 

On the economic risks in Iraq, the report stated that “the Iraqi economy is severely lacking in diversity, and depends heavily on the oil sector,” adding that the Corona epidemic exacerbated the country’s economic exposure. The decline in oil prices and incomes led to greater pressure on the country’s financial situation, exacerbating the deficit to reach 20% and 16% of the gross domestic product. 

Because of Iraq’s strained relations with major Western countries, it is likely that it will not receive a large volume of foreign aid. The central bank set up a fund to collect donations from financial institutions and raise the equivalent of $ 37 million to confront the Corona epidemic. 

He considered that inflation may worsen in the medium term, despite the decline in domestic demand and the devaluation of the national currency, which kept inflation at 1% during the year 2020. 

According to the International Monetary Fund, addressing government weakness and reducing corruption will be vital for future economic development. 

As for political risks, the report mentioned that government stability is under great pressure in light of the epidemic, noting that the waves of demonstrators who protested, while the risks, including those related to non-payment of salaries, have increased due to the inability of Mustafa Al-Kazemi’s government to collect enough Of revenue. 

He believed that widespread corruption remains an important element, and Iraq ranks 162 out of 198 countries in Transparency International. 

As for the risks of missile attacks on US military and diplomatic bases, by “militias” linked to the Popular Mobilization Forces, they have increased. In addition, ISIS is likely to take advantage of the partial withdrawal of US forces, and to escalate its attacks against security forces and energy sites in Iraq. 

The agency also classified the Iraqi financial system as suffering high risks. She indicated that the Central Bank helped to stabilize the economy by financing and supporting small and medium enterprises. 

According to the International Monetary Fund, a decisive strategy to reform the large state-owned banks and settle issues in the financial sector will promote private sector development and provide financial stability. 

AM Best Agency was established in 1899 in New York City, and has branches around the world, including London, Dubai, Amsterdam, Hong Kong, Singapore and Mexico City. In addition to its primary work in the insurance sector, the agency publishes news reports and analysis of information related to the insurance sector.

The Finance Committee in the House of Representatives set, on Wednesday, the date for the employees’ salaries to be disbursed for the current month.

Editing date: 1/20/2021 12:43 • 93 read times


The Finance Committee in the House of Representatives set, on Wednesday, the date for the employees ’salaries to be disbursed for the current month.

A source said. “The Parliamentary Finance Committee confirmed during a meeting held today that the end of January will be the date for the employees’ salaries to be paid, and there is no delay in the disbursement process.”

The source added, “The committee confirmed that paying the salaries of employees and retirees has nothing to do with the delay in Parliament in approving the General Budget Law.”