Tomorrow, Saturday.. a meeting of technical committees between Iraq and the international coalition to schedule the withdrawal

politicsIraqStrategic DialogueAmericainternational coalition forces 2021-06-04 13:04A-AA+

Shafaq News/ A new round of negotiations will start tomorrow, Saturday, regarding the presence of foreign forces in Iraq.

A senior security source told Shafak News Agency; Tomorrow, Saturday, the first session of the technical committees between Iraq and the international coalition will be held in order to reach an agreement on scheduling the withdrawal of combat forces from Iraq.

About 3,000 soldiers of the international coalition forces are deployed in Iraq, including 2,500 American soldiers, to fight the terrorist “ISIS” organization, and the sites occupied by foreign forces are exposed to frequent missile attacks.

Washington, the leader of the coalition, accuses Iraqi armed factions linked to Iran of being behind these attacks.

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Al-Kazemi receives a call from Macron, and this is what happened between them

politicsIraqbreakingFranceMacronAl-Kazemi 2021-06-04 13:01A-AA+

Shafaq News, On Friday, Iraqi Prime Minister Mustafa Al-Kazemi received a phone call from French President Emmanuel Macron, during which they discussed bilateral relations between the two countries and aspects of joint cooperation between Baghdad and Paris.

Al-Kazemi stressed, during the call, “Iraq’s close historical relationship with France, and its positive attitudes towards regional issues,” praising “France’s role and support for Iraq in the war against ISIS terrorist gangs.”

He pointed out, according to a statement by his office received by Shafak News Agency, to “the importance of developing bilateral cooperation between Iraq and France in various fields, especially economic and cultural, in addition to providing the appropriate environment for the work of French companies and investment in Iraq.”

For his part, Macron renewed his “support for the Iraqi government, and Iraq’s democratic experience in light of the challenges it faces,” stressing “France’s readiness to provide various aspects of support that the Iraqi government needs in preparing for early elections, and France’s support for the UN resolution to send observers to support the work of the Electoral Commission.”

Macron also praised Iraq’s “regional role in converging views,” expressing optimism that “the growing role of Iraq in this field will have a sustainable impact in achieving stability, whose effects will be positively reflected on all parties.”

The two sides agreed, according to the statement, to “continue communication between them, in order to coordinate positions towards regional and international challenges and crises, in a manner that serves the endeavors to resolve conflicts and bring views closer.”

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Parliamentary Finance sets the date for hosting the Minister of Finance

political| 05:56 – 04/06/2021

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Baghdad – Mawazine News
The Parliamentary Finance Committee has set, today, Friday, the date of hosting Finance Minister Ali Allawi to discuss the budget paragraphs and implement Resolution 315, while revealing the reasons for disrupting some provisions of the 2021 budget
. Committee member Ahmed Mazhar said, “The 2021 budget stressed the need to implement a decision.” Article 315,” noting that “the government appealed more than 10 paragraphs, and this is considered the most important reason for suspending some budget items.”
He pointed out that “the Ministry of Finance should not link Resolution 315 to the appeals submitted by the government, especially since there is a very large segment of employees awaiting implementation of the resolution.”
And he indicated that “next week, the committee will host Finance Minister Ali Allawi and the advanced cadre to discuss several paragraphs, including the implementation of Resolution 315.” Ended 29 / h

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Iraq: a new rise in the dollar exchange rate and warnings of exacerbating poverty rates

Arab economy اقتصادBaghdadfair deputiesJune 04, 2021FacebookTwitterWhatsAppShareImage

Concern prevails among Iraqis for fear of the deterioration of the purchasing value of the dinar (AFP)null+Line

The Iraqi local markets witnessed a new rise in the exchange rate of the dollar against the Iraqi dinar, as the value of one dollar reached 1500 Iraqi dinars, a clear difference from the rate set by the Central Bank, which is 1450 dinars to the dollar.

The value of the new rise was recorded in the Baghdad Stock Exchange for hard currencies and exchange companies in the Al-Kifah and Al-Harithiya areas in Baghdad, as well as Erbil, and if the rise continues until the end of the day, this means that the price will remain unchanged until next Sunday, which is the date for the resumption of official working hours and the Central Bank offering new amounts of hard currency Within the policy of preserving the value of the dinar.

So far, the competent authorities have not provided any explanations for this rise, but experts and specialists attribute this to speculation within the market, which is made by traders, businessmen and private banks.

The rise is not the first of its kind, but it is the highest, as the past days recorded a slight increase at 1460 and 1470 dinars to the dollar.

The reason for the rise in the exchange rate of the dollar in Iraq during the last period is a rise in the prices of goods, especially foodstuffs, and the markets and commercial centers in Iraq have been almost devoid of shoppers, for several days, due to the economic confusion from the high exchange rate of the dollar and the new rise in food prices and others.Arab economy اقتصاد

And the Iraqi Ministry of Planning confirmed, earlier, that poverty indicators in the country had risen to 27%, due to the increase in prices, against the background of several government measures to overcome the financial crisis, including raising the dollar exchange rate, as the Al-Kazemi government raised the exchange rate from 1200 dinars to 1450, per dollar.

A member of the Economy and Investment Committee in the Iraqi parliament, Salem Al-Tufaili, said, in a telephone conversation with Al-Araby Al-Jadeed, that “the main reason for the continued rise in the dollar exchange rate is the lack of real government control over the Iraqi market, as well as the work of private banks and exchanges, which manipulate prices according to their interest without No oversight or accountability.

Al-Tufaili indicated that “the rise in the exchange rate of the dollar, as well as foodstuffs and other materials, is behind some greedy traders, bank owners and money transfer companies, among the influential figures, who have relations with some parties and political figures, who control the market as they wish according to government silence.”

He added that “the Iraqi market has been witnessing great confusion for days due to the instability of the dollar exchange rate and the increase in the prices of materials again, and this requires the intervention of the competent government agencies, to control the situation. Otherwise, the Iraqi street will explode again in the face of the government and all the political class, because of It is going through difficult economic conditions.”

A member of the Finance Committee in the Iraqi parliament, Muhammad Al-Shabki, said, in an interview with Al-Araby Al-Jadeed, that “the next few days will witness hosting the competent authorities in the Ministry of Finance and the Central Bank, to discuss the repercussions of the rise in the dollar exchange rate, above the amount decided in the 2021 budget.”

Al-Shabki indicated that “the Finance Committee in the Iraqi parliament will present many proposals for the control of the competent government agencies over the exchange rate of the dollar, as well as to prevent traders from manipulating the prices of foodstuffs and others, this matter will lead to humanitarian disasters in Iraqi society, especially with the high rate of poverty and the rate of The unemployed are largely unemployed.people’s economy

The Iraqi MP warned that “the economic situation in Iraq does not allow the continued rise in the exchange rate of the dollar and foodstuffs, as this matter will have major and dangerous repercussions, including the explosion of popular demonstrations as well as the increase in crime rates in Iraqi society, especially the lack of job opportunities in the government and private sectors, and the continuation of The unemployment rate among young people is high.

On the other hand, economic expert Younis Al-Kaabi said, in press statements, that “the currency auction did not decrease in its sales, nor did the poor class improve its living conditions, and most importantly, it left an important segment of society under the burden of poverty, namely the employees and retirees.”

Al-Kaabi explained that “the monthly income of employees and retirees has declined as a result of the exchange rate change on the one hand, and on the other hand, the increase in the prices of goods, medicines and basic commodities in the local markets.”

The Iraqi expert revealed that “the data of the Ministry of Planning indicate that the poverty rate in Iraq has risen from 25% to 28%, and this is the biggest indication of the failure of fiscal and monetary policy in Iraq.”

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The Minister of Agriculture announces the provision of farmers’ dues retroactively

  •  Time: 06/03/2021 23:46:53 
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The Minister of Agriculture announces the provision of farmers' dues retroactively

{Local: Al Furat News} The Minister of Agriculture, Muhammad Al-Khafaji, announced today, Thursday, that he discussed with the Ministries of Finance and Trade, securing the dues of farmers for the current year within the shortest possible period, as it is one of the amounts governing the exchange. 

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Al-Khafaji added in a press statement: “We discussed with the Agriculture Committee the dues of farmers for the year 2020 for the rye crop, the Iraqi company, and the Mesopotamia Company, which will pay all dues next Sunday for the corn and wheat crops 100%.

Al-Khafaji confirmed, “It has been approved to disburse the 2014 and 2019 dues, but some of the dues have security checks and will be processed for more than 400 to 500 farmers during the current week.”

Al-Khafaji announced, “the formation of a joint committee to check the damage caused to the fish lakes in the cities and the Imam district in Babylon and to treat them as soon as possible,” stressing that “there are committees formed by the Cabinet Secretariat to follow up on compensation for those affected by fish farmers, floods and fires.”

Al-Khafaji explained, “There is a great development in supporting the agricultural sector, protecting the local product and preventing smuggling, as more than 80% of self-sufficiency has been achieved for chicken and eggs, and more than 22 other agricultural materials.” 

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Al-Rafidain: Increasing the interest rate on deposits

  •  Time: 06/04/2021 09:15:17 
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Al-Rafidain: Increasing the interest rate on deposits

{Economic: Al Furat News} Rafidain Bank announced that it will continue to open savings and current accounts for citizens to deposit their money in the bank instead of hoarding it in homes and obtaining rewarding financial returns. 

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The media office of the bank said in a statement that {Euphrates News} received a copy of it that it was decided to increase the interest rate on deposits for a period of six months to become 4.5 percent. As well as increasing the interest rate on fixed deposits for a period of one year to 5.5 percent. The statement added that the interest rate on deposits for two years was increased to 6.5 percent.

Raghad Daham

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Baghdad agrees with Tehran to reschedule its debts…and soon to return all Iranian gas releases

political| 11:53 – 04/06/2021

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Baghdad – Mawazine News:
The Ministry of Electricity announced, on Friday, the agreement to reschedule the debts and the imminent return of all Iranian gas releases.
The ministry’s spokesman, Ahmed Moussa, said, according to the official agency, that “there are debts and dues payable to the Iranian side,” noting that “it was agreed during the meeting of the Ministers of Electricity and Finance and the Director General of the Commercial Bank of Iraq (TBI) to reschedule the debts in order to resume gas emissions. Iran in the coming days.
He pointed out that “in the event that Iranian gas is resumed, its production will reach about 22,000 megawatts of electricity,” noting that “the increase in production will be reflected in an increase in the number of hours of providing citizens with electricity.”
Moussa added that “gas releases from the Iranian side are still declining by 20 million cubic meters out of the 70 million cubic meters needed by the Ministry of Electricity in the summer.” Ended 29/A43

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What does the convergence of al-Sadr and Barzani mean?

political| 01:29 – 04/06/2021

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Baghdad – Mawazine News
A report published by “Sky News Arabia”, on Friday, stated that “evidence has accumulated of the rapprochement of the leader of the Sadrist movement, Muqtada al-Sadr, and the leader of the Kurdistan Democratic Party, Massoud Barzani, amid talk of an alliance that may be announced between the two parties.”
The Iraqis are scheduled to choose members of the House of Representatives in the October 10 elections, and even months before this date, Iraq is witnessing a feverish political movement by the political blocs, in preparation for the promised day.
Over the past few months, a few alliances emerged on the political scene, which explains the nature of the next stage that the country will experience, at the level of alliances, and its impact on the reality of the country.
Delegations from the Sadrist movement and the Democratic Party held a series of meetings during the last period, in Erbil, the capital of the Kurdistan region, amid reports of agreements that were made related to an investigation of al-Sadr’s desire to hand over the prime ministership to one of his followers, while Barzani seeks to kidnap the presidency from the National Union, but No official confirmation on that.
Questions about the next stage
This rapprochement raised a number of questions in the Iraqi street, about the reflection of this rapprochement on the political situation, the management of the next stage, and whether it will achieve great gains for the country to extricate it from its crises.
A leader in the Sadrist movement believes that “the next stage will be characterized by calmness and dependence, and greater attention to the country’s problems, and political stability, for a number of reasons, the most prominent of which is that the Sadrist movement and the Democratic Party enjoy wide public weight and a nearly fixed number of parliament seats, and obedient followers and supporters, And loyalty, which facilitates the leadership of the next situation, especially if we get the prime minister, and the Democratic Party to the presidency of the republic.
The Sadrist leader adds, according to the report, that “there are many commonalities between the movement and the Democratic Party, so we turned to such an alliance, which is the first agreement, clear of its kind, during the current elections, while others preferred to conclude internal understandings, both within the Shiite parties themselves. Or that Sunni.
The identity of the next prime minister
He pointed out that “the next prime minister will either be from the Sadrist movement, or the movement will influence his choice, and there are several paths on the table, including keeping the current Prime Minister Mustafa Al-Kazemi, with a package of conditions that the movement sets, on the rest of the other blocs.”
For his part, Nassar al-Rubaie, head of the delegation and head of the Sadrist movement’s political body, said: “We are determined to build an Iraqi state that enjoys the independence of political decision-making and the provision of services to citizens.”
Al-Rubaie stressed that, “We are also insisting on holding early elections on their scheduled date, and any postponement will lose its character as early, and if this happens, this is a failure to honor the blood of the martyrs and the calls for reform and fighting corruption.”
Dangers facing democracy
During the past years, the Democratic Party sought to obtain the position of the Presidency of the Republic, but failed in all its attempts, due to political agreements, which more than once tended to its rival, the National Union Party, which may have prompted it this time to resort to the Sadrist movement, as a grouping. politically significant in Iraq.
The Kurdish representative in the Iraqi parliament, Hoshyar Abdullah, said in a blog post on “Twitter”, “During 14 visits made by members of the Party (the Democratic Party) to the Sadrists, they offered them an agreement that includes the Party’s dealing with Sadr as the only political reference for the Shiite decision, in exchange for that The Sadrists treat Massoud Barzani as the sole political reference for the Kurdish decision,
and some Shiite political forces may view the rapprochement of the Kurdish Democratic Party with the Sadrist movement as a departure from them.
But the leader of the party, Salam Repin, confirms that the rapprochement between the two parties does not mean moving away from others, especially the parties aspiring to win the position of prime minister.
Repin added, “The Kurdistan Democratic Party stands at the same distance with all political parties in Iraq, and did not risk entering into any alliances before the elections, but after the elections we will evaluate the results, and what they produced according to the new electoral law.”
The Kurdish leader believes, “What unites the two sides is that they (the Democratic and Sadrist) parties are the first in Iraq, so logically the results of voting for them under the new law are similar, whether they are negative or positive, so there is more deliberation and consultation between them.”
He continued: “Political stability in Iraq , the goal of the Democratic Party because he sees, the instability of Irbil only after the stability of the center, and the KDP since the time of Mustafa Barzani , the party ‘s founder was Hakiq democracy seeks in Iraq first,
and through the democratic will of the Kurdish people get their legitimate rights, Therefore, large numbers of Arabs participated in his revolution.
The election season witnessed a stagnation in the alliance race, as the new election law imposed a new style of confrontation, as most Shiite parties decided to run in the elections alone, such as the State of Law coalition and the Al-Fateh coalition, and others, but the Victory Alliance led by Haider Al-Abadi, It coalesced with the Wisdom Movement headed by Ammar al-Hakim, within a new alliance entitled “Coalition of National Forces.
Understandings within reasonable limits.”
For his part, the head of the Political Decision Center for Strategic Studies, Hadi Jallo Marei, believes that “the understanding between Saeroon and the Kurds is a preparation for the elections, as the Democratic Party remains the strongest actor in the region, while the Sadrists aspire to achieve great progress in the upcoming elections, enabling them to determine the identity of Iraqi Prime Minister.
Marei added, “The head of the Democratic Party, Massoud Barzani, speaks frankly about a set of challenges and aspirations that are not accepted by all the Sadrist movement, but rather understand some of them, and accept some of them, but it is clear that the current stage is not the stage of settling files as much as it is an opportunity to create the conditions for electoral rapprochement, and alliances in the face of Competing and influential political forces.
The Iraqi political analyst believes that “the differences within the basic components push for political rapprochement with components that converge in the vision, while the files in question are postponed until after the formation of the government.” Ended 29/A43

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