The presidencies of Baghdad and Erbil congratulate Macron’s victory and look forward to strengthening relations

During Macron’s visit to Mosul

politicsErbilBaghdadbreakingEmmanuel Macron

 2022-04-24 20:38A-AA+

Shafaq News/ Political and governmental leaders in Baghdad and the Kurdistan Region congratulated Emmanuel Macron on winning a second French presidential term.

In his tweet, the President of the Iraqi Republic, Barham Salih, congratulated what he described as the important friend and partner of Iraq (Emmanuel Macron) on the occasion of his re-election as President of France.

He said: I wish him success and the French people progress and prosperity, and it is an occasion to emphasize the depth of the relations that bring the two friendly peoples together, and we look forward to strengthening them to serve common interests and establish security and stability in the region.

Macron had landed in Iraq in August 2021, on a visit described as historic, during which he met officials in Baghdad and Erbil, and he also visited Nineveh Governorate, which was clearing up the rubble of war against ISIS.

For his part, Prime Minister Mustafa Al-Kazemi sent, on Sunday evening, a cable of congratulations to French President Emmanuel Macron on the occasion of his re-election as President of the French Republic.

Al-Kazemi expressed his wishes to strengthen joint action for the benefit of the friendly Iraqi and French peoples, and his wishes for the French government and people continued progress and prosperity.

In the Kurdistan Region, Kurdish leader Masoud Barzani said, “I wish the people of France all the best for Emmanuel Macron’s victory in the presidential elections. I sincerely hope that the strong friendship between the peoples of Kurdistan and France will remain strong.”

Paris has a long history of relationship with Kurdish leaders, and Macron’s last term witnessed several visits by Kurdish officials to the Elysee Palace.

For his part, Kurdistan Region President Nechirvan Barzani said in a tweet, congratulating Macron’s victory, “I look forward to continuing to work closely to develop our relations and consolidate our efforts to promote regional peace and stability.”

In the second and decisive round of the French presidential elections, Macron topped his rival, Le Pen, by more than 58%, while the latter received only 42%, which she described as a “big victory.”

Macron became the first president to be re-elected since Jacques Chirac in 2002, and the first president to be re-elected outside a period of coexistence with a government by another politician since the start of the selection of the head of state by direct universal suffrage in 1962.

For his part, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, said in a tweet congratulating Macron, “I look forward to working with you to continue strengthening the friendship between the Kurdistan Region and France.”

Macron said in his victory speech in front of the Eiffel Tower in Paris that he would continue to work to make France and Europe “more powerful”, offering his thanks to “all those who trusted in France stronger.” He also addressed his opponents, saying, “I am not the leader of a team, but the leader of everyone.”

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A solution to the political blockage looms on the horizon.. What are the agreements?

political| 03:49 – 04/24/2022

image

Special – Mawazine News
, the representative of the State of Law coalition, a fearsome rebel, confirmed that a political rapprochement will occur after the blessed Eid al-Fitr holiday to resolve the political blockage in Iraq.
In an interview with Mawazine News, he said, “The expected rapprochement will lead to finding a consensual candidate for positions that constitute crises, and that this rapprochement came as a result of political mediation.”
He continued, “There has been pressure recently on the political blocs and parties, as well as these pressures may be the stimulus that accelerates the formation of the government and the resolution of the crisis.” Ended 29 / h

https://www.mawazin.net/Details.aspx?jimare=191111

Al-Rasheed Bank launches an advance of 10 million dinars for employees, contracts and security forces

economybreakingRasheed BankAdvance payment

 2022-04-24 10:12A-AA+

Shafaq News/ “Al-Rasheed Bank” announced, on Sunday, the launch of a new meal for the advances of employees of state and contract departments and employees of the Ministries of Defense and Interior, at a time when “Al-Rafidain” denied stopping advances and loans, stressing the continuation of grants.

The bank said in a statement received by Shafaq News Agency that a new meal was launched for the advances of state and contract employees, defense and interior employees, amounting to 10 million dinars, and contracts employees 5 million dinars, calling on “all beneficiaries who will receive text messages with the amount of the advance to review the bank’s branches or electronic payment outlets to receive it.” “.

The media office confirmed that “the application for advances electronically is for holders of the (Nakheel) card, and there is no intermediary between the bank and the customer.”

For its part, the government “Al-Rafidain” Bank denied the news that talked about stopping advances and loans in its branches.

The media office of the bank confirmed, in a statement, received by Shafak News Agency, the continuation of granting advances and loans to employees, employees of the Ministry of Interior and Defense and retirees, noting that the application for advances and loans is exclusively through the bank’s branches located in Baghdad and the provinces.

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Analysis: Al-Kazemi’s government will continue its duties until new early elections in 2023

2022/04/24 14:10

  • number of readings 552
  • Section : Iraq

Baghdad / Obelisk: The representative of Salah al-Din Mishaan al-Jubouri suggested, on Saturday, April 23, 2022, holding new elections if the blocs fail to overcome the political blockage.

Al-Jubouri said in a tweet on Twitter, which was followed by the obelisk: He does not wish to break the bone between the parties, indicating that he supports resolving differences between political forces.

He added that if the political blocs do not succeed in overcoming the political blockage, let us go to new elections, perhaps producing a two-thirds majority.

Three attempts to elect a president failed, six months after the early parliamentary elections.

 And to go to new early elections, one-third of the parliament members need to present his dissolution before the House of Representatives, then the House itself votes by half plus one, and the parliament itself is dissolved.

Academic Muhammad Hashem believes that the best solution to the political impasse in Iraq is to dissolve parliament and call for early elections within sixty days.

And he added: In light of the current paragraphs of the constitution, it is impossible to achieve this because there are two-thirds or a majority, wondering about the authority that obliges everyone to do so.

A report by Al-Monitor newspaper talks about the most likely possibility, that the current government will continue indefinitely as a transitional government and hold other early elections in 2023, given the fact that the constitutional deadline for forming a government has passed.

And the Khaleej Times newspaper published leaks that forces from within the framework see that maintaining the government of Mustafa Al-Kazemi, with ministerial amendments to it, may be the most realistic and appropriate option in light of the current political impasse, especially with the Sadrist movement not showing any cooperation or response to the initiative that he put forward. The framework for the formation of the largest parliamentary bloc.

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Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad

money and business

Economy News – Baghdad

Today, Sunday, Finance Minister Ali Allawi revealed that meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad, while noting that the financial situation is very good.

Allawi said in a statement to Al-Iraqiya News that “the meetings with the International Monetary Fund, the World Bank and other major institutions in the American capital, Washington, were good,” noting: “We have reached several agreements, the most important of which is support for the reform process, especially the white paper.”

He added, “There are close meetings in Baghdad, which will be after the blessed Eid Al-Fitr, so that the support will be technical and there will be advisors, in order to strengthen the capabilities of the Iraqi government, in order to advance and move forward with the reform project.”

He pointed out that “Iraq is in the process of implementing agreements with the World Bank, especially to support the technical side. We have reached very good results, and will contribute to strengthening the cadres working in the state,” noting that “the ministry is in the process of submitting a law to the House of Representatives for the purpose of employing the unexpected gain resulting from The rise in oil prices, in the areas of strengthening support for groups affected by the prices of raw materials.

He continued, “The law is before the House of Representatives and will be enacted, and it will give strong support to the groups affected by the rise in the prices of basic materials and foodstuffs in particular, and to strengthen the pillars of the Ministry of Finance and to strengthen the possibilities of employing public employment projects,” explaining, that “there is an integrated plan to use the surplus of the price hike, in cooperation with Parliament”.

He pointed out that “this support is outside the concept of reform for the public sector, and we want to reduce government support, especially for sectors that can thrive without government support, but this will be for one time,” explaining that “the government acknowledges that some groups have been affected by the rise in the prices of raw materials, so it will be One-time and non-recurring support.

He stated, “We have a strategic agreement with the United States, especially in the economic aspect, and we want to do it now,” stressing that “there are preparations for cooperation at all levels.”

Allawi stressed the need to “submit projects to obtain support, or a kind of American aid, especially in the technical and technical aspects,” stressing that “the financial situation is very good, and we do not need support from any foreign parties, except for certain projects.”

https://economy-news.net/content.php?id=27746

Mazhar Muhammad Salih: The Central Bank’s balance is three times more than the government’s external debt

money and business

Economy News – Baghdad

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, today, Sunday, the monetary policy of the Central Bank of Iraq, and between the contents of two basic pillars of this policy to address crises, he revealed the size of the foreign reserves of the Central Bank and the internal debt .

Saleh said, to the Iraqi News Agency, that “the monetary policy of the Central Bank of Iraq has exercised and is still playing its great role in strengthening the national economy and supporting and supporting it in liquidity, stability and the management of monetary resources, especially through two successive double crises that the national economy was exposed to between the years 2014-2021, as monetary policy confronted The Central Bank has led to the serious stagnation to which the macro-economy and its real sectors were exposed, and its use of a satisfactory monetary policy .

He added, “The two pillars of this policy are: credit easing and granting the monetary market with sufficient liquidity through the continuous initiatives of the Central Bank, and the other is quantitative easing policies to support macroeconomic liquidity in general by motivating secondary market operations with calculated, accurate and successful ranges that saved the national economy in the most contracting economic conditions and supported by one side. The last of the Iraqi financial policy to get out of the impasse of the fiscal deficit and the deterioration of the country’s financial sustainability by relying on the internal liquidity levers provided by the Central Bank with its accurate, balanced and successful tools .

He pointed out that “the first crisis that our country faced in the years 2014-2017 was a serious double crisis, financial and security at the same time, as energy markets and Iraq’s financial revenues from exported oil deteriorated between these years, accompanied by strict security conditions, namely the war on ISIS terrorism.” The Central Bank of Iraq played its prescribed role in its monetary policy, which contributed to assigning victory in the war and economy arenas, with remarkable accuracy .”

He continued, “While the second double crisis came between 2020-2021, it represented a serious deterioration in Iraq’s oil revenues, a frightening deficit in the current account of the balance of payments, and a more serious deficit in public finances as a result of the price war in the energy markets in the world, and the reduction in the quantities of our country’s oil production to nearly less than Half is under the influence of the (OPEC Plus) agreements and the deterioration of global demand for oil throughout 2020 and parts of 2021, accompanied by a stifling global health crisis represented by the Corona pandemic and the closure of the global and local economy, as the country was affected by an agricultural crisis due to severe drought and the deterioration of agricultural crops, which made the output The GDP is shrinking to (minus 11%), in addition to the prevalence of poverty and unemployment at unprecedented rates in the country’s economic history .”

And he added, “Under these compelling circumstances, the monetary policy of the Central Bank of Iraq, with accuracy and with calculated and successful steps, led the process of building the foundations for maximizing the liquidity of the national economy, whether by proceeding with the Central Bank’s initiative in revitalizing the real sector with soft loans in which the grant element increased,” noting that “those loans approached about about 13 trillion dinars to push the activity of the national market and operate the labor market and the business of private activity forward, in addition to supporting government liquidity and attributing the effectiveness of the government economy and public finance without stopping, by deducting government treasury transfers, which constituted about 67% of the total debts of the Ministry of Internal Finance or the internal public debt borne by the bank The Central Bank of the total internal debt balance, which amounts to about 72 trillion dinars .

He continued: “Thus, the monetary policy of the Central Bank of Iraq, with high success, fulfilled the requirements to meet the needs of growth and stability of the national economy and to provide it with sufficient liquidity, with high accuracy and wisdom, and at the same time supportive of the financial policy that faced harsh conditions through the two successive double crises between 2014-2021, as well as the restoration of the Central Bank Its foreign reserves, which are the cover of the national currency, record its balance today at more than 70 billion dollars, a balance more than three times the government’s foreign debt payable during the years 2022-2028, which confirms the efficiency of the foreign reserves of the Central Bank of Iraq .

He pointed out that “the Central Bank of Iraq is an independent authority under its amended Law No. 56 of 2004, and it is he who draws the monetary policy himself without the interference of any party, and he is the most knowledgeable and best able to manage his policy in stability and development based on the articles of the Constitution of the Republic of Iraq .”

https://economy-news.net/content.php?id=27742

Finance Minister: Our situation is very good and we will present a new law to Parliament that supports these segments

  • Time: 04/24/2022 14:17:09
  • Reading: 468 times
Finance Minister: Our situation is very good and we will present a new law to Parliament that supports these segments

  {Economic: Al Furat News} Finance Minister Ali Allawi described, today, Sunday, the country’s financial situation as “very good.”

Allawi said in a press statement, “The meetings with the International Monetary Fund, the World Bank and other major institutions in the American capital, Washington, were good,” noting: “We reached several agreements, the most important of which is support for the reform process, especially the white paper.”
He added, “There are close meetings in Baghdad, which will be after the blessed Eid Al-Fitr, so that the support will be technical and there will be advisors, in order to strengthen the capabilities of the Iraqi government, in order to advance and move forward with the reform project.”
He pointed out that “Iraq is in the process of implementing agreements with the World Bank, especially to support the technical side. We have reached very good results, and will contribute to strengthening the cadres working in the state,” noting that “the ministry is in the process of submitting a law to the House of Representatives for the purpose of employing the unexpected gain resulting from The rise in oil prices, in the areas of strengthening support for groups affected by the prices of raw materials.
He continued, “The law is before the House of Representatives and will be enacted, and it will give strong support to the groups affected by the rise in prices of basic materials and foodstuffs in particular, and to strengthen the pillars of the Ministry of Finance and to strengthen the possibilities of employing public employment projects,” explaining, that “there is an integrated plan to use the surplus of the price hike, in cooperation with Parliament”.
He pointed out that “this support is outside the concept of reform for the public sector, and we want to reduce government support, especially for sectors that can thrive without government support, but this will be for one time,” explaining that “the government acknowledges that some groups have been affected by the rise in the prices of raw materials, so it will be One-time and non-recurring support.
He stated, “We have a strategic agreement with the United States, especially in the economic aspect, and we want to do it now,” stressing that “there are preparations for cooperation at all levels.”
Allawi stressed the need to “submit projects to obtain support, or a kind of American aid, especially in the technical and technical aspects,” stressing that “the financial situation is very good, and we do not need support from any foreign parties, except for certain projects.”

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Mr. Al-Hakim to Blackshart: Previous political blockages were only resolved by the parties sitting at the dialogue table

  • Time: 04/24/2022 14:02:22
  • Reading: 325 times
Mr. Al-Hakim to Blackshart: Previous political blockages were only resolved by the parties sitting at the dialogue table

  {Political: Al Furat News} The head of the National State Forces Alliance, Mr. Al-Hakim, discussed with the representative of the Secretary-General of the United Nations in Iraq, Jenin Plasschaert, the developments of the political scene in Iraq and the state of the political impasse in the political process.

A statement by his office, which the agency {Euphrates News} received a copy of, said, “The visions coincided about the necessity of forming a balanced government capable of achieving the aspirations of the Iraqi people.”

Mr. Al-Hakim referred to his recent initiative and said: “The solution is nothing more than a concession by everyone in favor of Iraq and the priority of public interests over private interests.”

And he indicated that “previous political blockages were only resolved by the parties sitting at the dialogue table and meeting in the middle.”

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