Source: A committee from Baghdad arrives in Erbil and scrutinizes the region’s imports 

  •  Time: 06/18/2021 00:06:44 
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Source: A committee from Baghdad arrives in Erbil and scrutinizes the region's imports

{Economic: Al Furat News} A source in the Kurdistan Regional Council of Ministers revealed that an audit committee has arrived from Baghdad to Erbil, to audit the region’s imports,” noting that “the committee’s work will end next week.”

The source stated, on Thursday, that the committee began checking the imports of the border crossings of the Kurdistan region, and there will be no “argument preventing sending the Kurdistan region’s share of the general budget” after the committee completes its work. 
 
The Rapporteur of the Parliamentary Finance Committee, Ahmed Al-Saffar, said that “the Finance Committee consists of a specialized cadre, and it will work to audit the imports of the Kurdistan Region.” 
 
And the Federal Council of Ministers decided at its meeting on Tuesday to send 200 billion dinars per month as financial dues from the Kurdistan region’s share of the general budget. 
 
The decision of the Council of Ministers came, after completing the process of auditing data on non-oil imports from the Kurdistan region, by the Federal Financial Supervision Bureau and in coordination with the Office of Financial Supervision in the Kurdistan Region.
  
According to the information, the specified amount of the Kurdistan region’s share will be disbursed retroactively, starting from January 1, 2021, and on this basis, one trillion and 200 billion dinars will be sent as financial dues to employees’ salaries for the first half of the current year.

Ammar Al Masoudi

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The US House of Representatives decides to cancel the use of military force in Iraq

268 members of the US House of Representatives voted to rescind the 2002 authorization to use military force to invade Iraq.

17.06.2021

The US House of Representatives decides to cancel the use of military force in Iraq
United States

Washington / Siham Al-Khouli / Anatolia

On Thursday, the United States House of Representatives adopted a resolution to stop the use of American military force in Iraq.

And 268 members of the Council agreed to cancel the authorization granted in 2002 to allow US forces to carry out military operations in Iraq in the framework of the operation known as the “invasion of Iraq”, while 161 members rejected the decision, according to the “Voice of America” ​​website.

It is noteworthy that the majority of those who approved the resolution were Democrats, while the majority of Republicans opposed it.

Activation of the decision to cancel the mandate needs to be passed in the Senate.

The Democrats control the House and the Senate, and the first has 435 members, and the second has 100 members.

And on Monday, the US administration said it supports efforts in the US Congress to repeal the 2002 authorization for the use of military force, which authorized the declaration of war on Iraq, reinforcing lawmakers’ efforts to withdraw the authority to declare war from the White House.

The House of Representatives voted in 2019 and 2020 to repeal the Iraq war authorization, but the Senate did not approve, given Republican control at the time.

And last April, the administration of US President Joe Biden announced that it would withdraw the remainder of its combat forces deployed in Iraq to fight the terrorist organization “ISIS”, but it would continue to train Iraqi government forces.

In 2003, American and British forces managed to overthrow the Baath regime, which was headed by the late President Saddam Hussein in Iraq.

And former US President Donald Trump ordered the withdrawal of his country’s forces in the last months of his term from Iraq and Afghanistan, while reducing the number of US forces in each country to 2,500 by January 15.

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An agreement between Baghdad and Erbil regarding the outstanding issues

political| 02:47 – 06/17/2021

image

Baghdad – Mawazine News
The Parliamentary Energy Committee announced that the Baghdad and Erbil governments had reached final agreements on the outstanding issues.
Committee member Amjad Al-Aqabi said, according to the official agency, that “the visits made by the delegation of the Kurdistan region, headed by Qubad Talabani, to Baghdad led to reaching final understandings and developing radical solutions to the outstanding issues for years.”
He added, “The understandings are not only limited to the budget items, but also included the energy files, the Oversight Bureau and the obligations arising from the Kurdistan region,” noting that “these understandings will turn the page on the differences that we witness with each year in the budget law file.”
And he added, “The head of the region’s delegation, Qubad Talabani, pledged, during his talks in Baghdad, the commitment of the Kurdistan region, to the obligations arising from it,” noting that “

https://www.mawazin.net/Details.aspx?jimare=157360

The dollar is declining and central bank sales are declining

  •  Time: 06/17/2021 10:44:17 
  •  Reading: 3,562 times 
The dollar is declining and central bank sales are declining

{Economic: Al Furat News} The dollar exchange rates fell in Baghdad, today, Thursday. 

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The Baghdad Stock Exchange recorded 1486 dinars per dollar, or 148 thousand and 600 dinars per hundred dollars. 
In Erbil, the exchange rate reached 1490 dinars for sale and 1485 dinars for purchase. 
While the Central Bank of Iraq sold, in its foreign currency auction today, 211 million and 578 thousand and 732 dollars, which is less than yesterday’s sales, which exceeded 217 million. 
The total sale for the purposes of strengthening balances abroad (transfers, credits) was 197 million and 678 thousand and 732 dollars, while the cash sale was 13 million and 900 thousand dollars. 
Ammar Al Masoudi

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The exchange rate of the dollar drops to 148 thousand

2021/06/17 11:05

  • number of readings 117
  • Section : Iraq

Baghdad / Obelisk: The dollar exchange rates decreased in Baghdad, Thursday, June 17, 2021.

The Baghdad Stock Exchange recorded 1486 dinars per dollar, or 148 thousand and 600 dinars per hundred dollars.

In Erbil, the exchange rate reached 1490 dinars for sale and 1485 dinars for purchase.

While the Central Bank of Iraq sold, in its auction to sell foreign currency, 211 million and 578 thousand and 732 dollars, which is less than yesterday’s sales, which exceeded 217 million.

The total sale for the purposes of strengthening balances abroad was remittances, credits of 197 million and 678 thousand and 732 dollars, while the cash sale was 13 million and 900 thousand dollars.

obelisk

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The government clarifies the date of the tripartite Baghdad summit

political| 12:56 – 17/06/2021

image

Baghdad – Mawazine News
, a spokesman for the Council of Ministers and Minister of Culture Hassan Nazim confirmed, on Thursday, that the tripartite summit between Iraq, Jordan and Egypt is still in place, and the date has not been set.
Nazim told the Iraqi News Agency, “So far, the date of the tripartite summit has not been set, but this does not mean that business has stopped between the three countries (Iraq, Jordan and Egypt),” noting that “the previous summit that was held in Amman set paths for economic and cultural work.”
He added, “There are ongoing works on the ground in the border area between Iraq and Jordan, and there are also important negotiations on the issue of electrical interconnection between the three countries,” stressing that “works are underway and the summit is still in progress, but the date has not been set.” Ended 29/A43

https://www.mawazin.net/Details.aspx?jimare=157340

The Presidency of the Republic of Iraq corrects the financial budget for the year 2021

politicsPresidencybudgetcorrection 2021-06-17 06:25A-AA+

Shafaq News/ The Ministry of Justice announced on Thursday the issuance of the new issue of the Iraqi Al-Waqa’i newspaper with the number (4636), which included a number of statements approved by the Presidency of the Republic.

Director General of the Facts Department Haifa Shukr Mahmoud said in a statement received by Shafaq News Agency, that the number included the issuance of a correction statement issued by the Presidency of the Republic’s Office regarding the Federal General Budget Law of the Republic of Iraq No. (23) of 2021.

The official did not refer to the corrected articles or paragraphs in the budget.

The Iraqi parliament voted, in early April, on the Federal General Budget Law for the fiscal year 2021 with a deficit of more than 28 trillion dinars, and the tension and attraction continued for months, although its ratification was late in the legal date.

The revenues of the general budget amounted to more than 101 trillion Iraqi dinars, while expenditures were estimated at 129 trillion.

The price of a barrel of oil was calculated in the budget at 45 dollars instead of the Iraqi dinar, and the government’s proposed price for the dollar was fixed at 1450 dinars per dollar.

Parliament also voted on the Kurdistan Region’s share of 12.67 trillion dinars of the general budget.

The passage of the 2020 budget stumbled due to differences and a financial crisis, at a time when Iraq voted on the general 2019 budget, which amounted to 106 trillion dinars, while expenditures were estimated at 133 trillion dinars, with a deficit of 27.5 trillion dinars.

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