Flags of Iraq and the Kurdistan Region (File)


SULAIMANI — A delegation from the Kurdistan Regional Government (KRG) will travel to Baghdad on Sunday evening (February 14) for continued budget negotiations with the Council of Representatives’ Finance Committee.

The official media outlet of the Patriotic Union of Kurdistan (PUK) cited a source saying that the goal of the delegation, which will be led by KRG Deputy Prime Minister Qubad Talabani, is to set the percentage that the Kurdistan Region will receive in the 2021 Federal Budget Law and the terms that govern the transfer of that funding.

This will likely be the final visit by the delegation before the budget law faces a vote in the Council of Representatives, which lawmaker Ahmed Hama told al-Sumariya news agency will take place on Tuesday. 

On February 10, KRG Prime Minister Masrour Barzani said that his government is not ready to hand over control over the Kurdistan Region’s oil production to the federal government, saying that demand was “unconstitutional.”

He said that the Region is ready to hand over 250,000 barrels of oil per day and half of the its non-oil income or their cash equivalents to the federal government in return for securing the “Region’s financial entitlement.”

(NRT Digital Media)


Deputy: The middle of this week will determine the 2021 budget

22:00 – 02/14/2021


Information / Baghdad

Deputy Abdel Khaleq Medhat confirmed, on Sunday, that the 2021 budget will be decided in the middle of this week.

Medhat said in an interview with Al-Maalouma that, “The 2021 budget will be decided and presented to the vote in the middle of this week, stressing that all outstanding issues have been resolved and only parts remain in the Kurdistan benefits file after resolving 70% of the foreseeable problems.”

He added, “It is not possible for the budget file to remain without resolution indefinitely due to its economic repercussions in various fields, especially since the country is now going through the Corona crisis, and there is a series of preventive measures that will be imposed starting next week in terms of total and partial prohibitions to avoid the rise in injuries.”

He pointed out that “the forces with consensus cancel the resolution of the budget, but we hope that the 48-hour talks will contribute to reaching initial consensus to expedite the presentation of the budget to the vote, especially since the country’s situation requires it to be resolved in order to start implementing its contents, expressing hope that the budget will be fair to all governorates from In terms of distributing funds in a way that contributes to solving service problems and gives a glimmer of hope in accelerating the pace of completion of development projects.

The Parliamentary Finance Committee has been conducting extensive discussions for several weeks to settle the items and chapters of the 2021 budget.

Representative Finance: We have taken serious steps to move the wheel of the private sector and support investment

Economie | 10:05 – 02/14/2021

Baghdad – Mawazine News

Today, Sunday, the Media Department of the House of Representatives announced that it will take serious steps to move the wheel of the private sector and support investment, while noting that this will contribute to providing job opportunities for the unemployed.

In a statement received by Mawazine News, the department said, “The Financial Committee, headed by the Chairman of the Committee, Representative Haitham Al-Jubouri, and the attendance of the members held its meeting No. (46) in which it resumed its discussions on the draft Federal Budget Law for 2021,” noting that it “received During the meeting, a number of parliamentary committees would discuss their requests and consider them. ”

She added, “At the beginning of the meeting, the Finance Committee discussed the additives before it, in which it focused on addressing the national economy and achieving comprehensive development targeting all economic and financial sectors, in addition to including urgent reform measures that maximize state resources and address the effects of the economic crisis left by the Corona pandemic.” .

The department continued, “The committee hosted the head of the Security and Defense Committee, MP Muhammad Reda Al Haidar, accompanied by a number of committee members to discuss the allocations of the ministries of defense and interior within the budget, as the Finance Committee confirmed that it supported the allocations of the two ministries and was careful not to prejudice them, despite the size of the crisis the country is going through. And the large deficit in the budget, based on its belief in the necessity of strengthening the military capabilities of the security forces at various levels to extend security and stability throughout the homeland.

The department confirmed that “the committee hosted a delegation from the Parliamentary Labor and Social Affairs Committee to discuss the budget allocations for the Ministry of Labor,” noting that “the committee clarified that it had provided the necessary allocations for the social care network, increasing the percentage of those included in it and the entitlements of people with disabilities, and giving them the highest priority.”

The department indicated that “the Finance Committee hosted the Economic and Investment Committee headed by Deputy Ahmed Al-Kinani and the presence of a number of committee members, accompanied by the General Director of the Industrial Bank, to discuss the banking situation in Iraq and support the private sector,” explaining that “the committee confirmed that the agricultural and industrial sectors are the focus of great interest in The committee, as articles were included in the draft budget that support the agricultural and industrial banks for the purpose of advancing these two important sectors and achieving major development in them.

The department explained that “the Financial Committee indicated that it has taken serious steps to move the wheel of the private sector, support investment and overcome obstacles before them, which will contribute to providing job opportunities for the unemployed and open the door to competition in the Iraqi market.” Ended 29 / A 87


Sunday, February 14, 2021 9:26 PM

Classification:  Iraqi


National News Center / private

Today, Sunday, the World Bank revealed the size of its portfolio in Iraq, and the bureau of the latter’s liability.

The representative of the World Bank in Iraq, Ramzi Numan, said in a statement to the “National News Center”, that “the white paper prepared by the Iraqi government to address the real economic crises is an ambitious paper within the framework of a short, medium and long-term plan to confront economic crises and their scheduling and dealt from 15 to 16. A different sector, ”indicating that“ international institutions, including the World Bank and the European Union, are working to provide support, be it political or economic. ”

He added, “The World Bank is awaiting draft reforms, which are a technical translation of the white paper and a set of projects and steps that we are waiting to see soon.”

And Naaman indicated that “Iraq is a middle-income country and therefore all the contributions that it gets from the World Bank are loans, and these loans must be disbursed appropriately,” indicating that “these loans come to finance priorities that the Iraqi government in its previous and current stages had requested funding from the World Bank. Noting that these priorities, submissions and projects disbursed by the World Bank are projects that are based on the experiences of large countries and are based on best experiences that are based on documentation and based on data, but are formulated according to Iraqi data and taking into account the Iraqi environment and the existing Iraqi capabilities.

He continued: “We have a financial portfolio of approximately two billion dollars, which is present and existing in Iraq, where it is interested in reconstruction projects for liberated areas, and its value is 750 million dollars. This was signed more than two years ago and is under implementation, and there is also a project with the Baghdad Municipality for Water and Wastewater. It exists and is being implemented and its value is 200 million dollars. ”

He pointed out that “there is also an electricity project in Basra that is being implemented and its value is 200 million dollars,” stressing that “what was mentioned are samples of existing projects within the portfolio, and these are loans that Iraq requested from the World Bank, and formulated in the form of projects.”

He explained that “the financial portfolio of the bank in Iraq amounts to two billion dollars, and its interest is very simple if compared to other banks. There are banks that give money with interest rates of 8% or 10%, while the World Bank has an interest of about 1%, in addition to its long-term repayment.”

And that “the aim of these procedures is to facilitate the matter of repayment to countries, as well as to build projects and reach the main goal to build their capabilities because each loan has an important technical component to build capacity and support countries to continue improving and developing their services.”

The “National

The region’s delegation delivers information to Baghdad on oil resources and other expenditures

Political | 08:03 – 14/02/2021

BAGHDAD – Mawazine News

, spokesman for the Vice President of the Kurdistan Regional Government, Samir Hawrami, announced, on Sunday, the arrival of the Kurdistan Regional Government’s delegation to Baghdad, to complete the dialogues on the budget, indicating that the delegation delivered all information related to oil and non-oil resources to Baghdad.

Hawrami said, according to the official agency, that “the region’s delegation headed by Deputy Prime Minister Qubad Talabani arrived in Baghdad, in order to perpetuate the dialogues with the Parliamentary Finance Committee and the political blocs regarding the draft fiscal budget law for 2021 and confirm those paragraphs related to the Kurdistan region in the budget.”

He added, “In previous visits to the region’s delegation and its meetings with the federal government and relevant authorities, the delegation delivered with all transparency all data and information related to oil and non-oil resources as well as expenditures,” noting that “the region’s delegation is ready for any agreement under the constitution and applicable laws.”

Once again, Kurdistan sends a delegation headed by Talabani to Baghdad


Kurdistan Region


Qubad Talabani

2021-02-14 12:06

A- A A +

Shafaq News / A delegation from the Kurdistan Regional Government headed by Deputy Prime Minister Qubad Talabani went to Baghdad, on Sunday, to continue discussions with a view to reaching an agreement on the region’s share of the Iraqi public budget for the current year 2021.

The spokesman for the Deputy Prime Minister, Samir Hawrami, said in an interview received by Shafaq News, that the aim of the visit is to continue talks with the Finance Committee in the Iraqi Parliament and the Iraqi political factions and parties regarding the draft Iraqi General Budget Law 2021 and approve the paragraphs related to the Kurdistan region in this legal project.

He explained that the previous visits of the Kurdish delegation and the meetings with the federal government and the concerned parties were explicitly providing all information and databases on oil and non-oil revenues as well as all disbursements in the region, pointing out that the Kurdish delegation expressed all its readiness to reach an agreement on the basis of the constitution and applicable laws.

In December 2020, Baghdad and Erbil reached an agreement on the financial budget stipulating that the region hand over 250 thousand barrels of oil per day and half of the border crossings and other revenues to the federal government, in exchange for a budget share of 12.6 percent.

The agreement was included in the draft budget, but political blocs in Parliament reject the agreement, which hinders its passage.

Al-Kazemi comments on the Pope’s visit: Iraq is awaiting it with a warm welcome and reverence


Pope Francis

Mustafa Al-Kazemi

2021-02-14 08:32

A- A A +

Shafaq News / The Prime Minister, Mustafa Al-Kazemi confirmed today, Sunday, that the government and people of Iraq are waiting for the visit of His Holiness Pope Francis to Iraq next month.

A statement by Al-Kazemi’s office received by Shafaq News said, “The latter received Mija Scoffer, the Vatican ambassador in Baghdad, and during the meeting they discussed arrangements for the planned visit of His Holiness Pope Francis to Iraq next month.”

Al-Kazemi said that “the visit of His Holiness the Pope will contribute to consolidating stability and spreading the spirit of brotherhood in Iraq and throughout the region. His Holiness’s efforts are witnessed around the world in limiting conflicts, giving priority to wisdom and reason and raising the value of man over all political interests, conflicts and wars.”

And he indicated, “Iraq, the government and people of all sects and mutually supportive colors, look with welcome and reverence to this visit, and amplify the efforts of His Holiness in supporting the right causes, confronting extremism and spreading the spirit of tolerance in all humanity.”

For his part, the Vatican ambassador to Iraq, Mittja Scoffer, expressed his “great appreciation and gratitude to the Iraqi government for its efforts in facilitating the procedures of the historic visit that Pope Francis will undertake to Iraq next month.”

Budget 2021 .. Agreement to include a paragraph to increase the capital of government banks

Political | 03:46 – 14/02/2021

BAGHDAD – Mawazine News

The Parliamentary Economic and Investment Committee announced today, Sunday, the agreement to include a paragraph to increase the capital of government banks in the draft Federal Budget Law for the fiscal year 2021.

The committee stated in a statement that Mawazine News received a copy of it, that it was “hosted in the presence of the First Vice President The House of Representatives, Hassan Karim al-Kaabi, directors of government banks and a representative of the Central Bank of Iraq to discuss the mechanism of banks ’work and the extent of their contribution to economic development and discuss the implementation of the Iraqi Central Bank’s initiative of five trillion dinars, which includes the sectors of industry, agriculture and housing and directing it in a manner that serves the economic development of the country and drives the economy In the presence of a number of deputies of the Economy and Investment Committee, to discuss the mechanism for implementing the initiative.

The head of the committee, Ahmed Salim Al-Kinani, said, according to the statement, that “this initiative was originally launched by the Economic and Investment Committee more than four years ago and was prepared in full and in detail for industrial and agricultural development and the development of the investment sector in the field of housing and other investments related to making a qualitative leap in the development of projects.” Small, medium and manpower employment. ”

Al-Kinani added, “The bureaucracy that governs state institutions has delayed this initiative, which has lost a large part of its economic goals,” explaining that “the Economic and Investment Committee, and with its legislative and supervisory work, believes that there is a weakness in the mechanism of implementing this initiative, especially in the industrial and agricultural sides, which are the two important aspects that must be That we focus on them in the initiative as they are the main drivers of all economic activities in the country and its weakness lies in the lack of funds allocated to it within the initiative in addition to the great complications in terms of the required guarantees and this reduces the chances of the success of the initiative within these two sectors while we see that the initiative is heading to the housing loan, which is the purchase Housing does not stimulate speculators in small real estate and lead to competition for small real estate, rather than moving towards building housing that stimulates large sectors of the economy and employment of the labor force. ”

He confirmed, “It was agreed to approach the Finance Committee to include in the general budget a paragraph concerning increasing the capital of government banks in a manner that qualifies these banks to carry out their economic and development tasks,” pointing out to “discussing a number of important issues that must not be absent from the initiative, including ensuring the flow of entry of materials Initial requirements for factories inside Iraq to ensure the continuity of production and non-stopping of it, as well as the guarantees required for loans for industrial projects that must take into account the percentage of the loan from the required guarantee of real estate.

Barzani and Plaschaert agree to solve the problems of Erbil and Baghdad “according to the constitution.”


Masrour Barzani

2021-02-14 06:59

A- A A +

Shafaq News / The Prime Minister of Kurdistan Regional Government, Masrour Barzani agreed, on Sunday, with the United Nations envoy to Iraq, Jeanine Hennes Blashart, to solve the problems of Baghdad and Erbil “according to the constitution.”

The Presidency of the Regional Government said in a statement received by Shafaq News Agency, that the President of the Kurdistan Regional Government, Masrour Barzani, received today, the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennes Plasschaert, indicating that in the meeting, they discussed developments in the situation in Iraq as well as the latest developments The ongoing negotiations between the regional government and the federal government and ways to solve the problems between the two sides, especially fixing Kurdistan’s share in the federal budget for 2021.

The two sides agreed, according to the statement, on the necessity to solve the problems between the region and the federal government within the framework of the constitution and to guarantee financial rights and dues for the Kurdistan Region.

In another axis of the meeting, the statement said, the importance of implementing the Sinjar agreement as it is, in order to bring peace and stability to the region, was stressed.

Planning and the World Bank discuss a third household survey and the youth empowerment program in Iraq

Time: 02/14/2021 11:28:48 Read: 1,469 times

{Baghdad: Al Furat News} An intensive round of discussions and discussions between the two technical teams from the Ministry and the World Bank was held at the Ministry of Planning, today, Sunday, on the nature of the support provided by the World Bank in a number of areas.

In a statement, the Euphrates News received a copy of it, the ministry stated, “The Undersecretary of the Ministry of Planning, Maher Hammad Johan, chaired the meeting and was attended by the Director General of International Cooperation and Government Investment and Poverty Alleviation Strategy, the Assistant Director General of the Regional and Local Planning Department, and a number of stakeholders, while Ramzi Numan and his accompanying delegation represented the World Bank in Iraq. The

statement stated that “during the meeting, a discussion was held for the third economic and social survey of the family in Iraq, which the Ministry of Planning intends to implement during the current year 2021, as well as the training program for economic inclusion, which was discussed. It will be engaged with the paths of the poverty alleviation strategy by creating sustainable job opportunities in coordination with the Ministry of Labor and Social Affairs, by developing the skills and technical capabilities of youth, and granting them soft loans that enable them to establish sustainable income-generating small projects.

And he continued, “The World Bank team showed its high willingness to work jointly with the Ministry of Planning, and the possibility of financing a number of important projects, in order to serve the achievement of human development in Iraq.”

Forgiveness Al-Khalidi