Adviser to the Prime Minister: The government is moving to launch anti-inflation policies in the markets

  • Time: 06/27/2022 03:30:12
  • Reading: 156 times
Adviser to the Prime Minister: The government is moving to launch anti-inflation policies in the markets

  {Economic: Al Furat News} The government is heading to launch anti-inflation policies in the country during the next stage to confront the food and energy crisis after it increased in global markets by 45% from the previous one.

Adviser to the Prime Minister for Economic Affairs, Mazhar Muhammad Salih, said in a press statement that “the global inflation crisis has greatly affected Iraq, as it imports the ration card items, which represent basic commodities for the citizen by 90 percent,” noting that “the rise in their prices globally has a negative impact on the country.” “.
He added that the poor classes depend on the ration card items equivalent to 80 percent of their income, which the government is forced to provide despite the great financial burden to avoid nutrition problems and the increasing area of poverty and exposure to famines.
Saleh added, that the government also provides financial support for agricultural production supplies such as fertilizers and seeds, as well as egg and chicken production materials, of which Iraq imports 70 percent of them from abroad, noting that it “took another measure represented in zeroing the cost of taxes from duties and customs on goods for a period of time.” Six months, renewed every three months, which contributes to absorbing a large part of inflation and price increases.
However, he added that the energy crisis is no less dangerous than the food crisis, for without government support for oil derivatives, especially gasoline, a large part of which is imported daily despite its high prices globally, great problems would have occurred, stressing that “the state has kept the prices of its services fixed to face inflation in all its forms.” “.

Masrour Barzani announces the internationalization of missile attacks on the Kurdistan Region

KurdistanKurdistan RegionMasrour Barzanibreakingmissile attack

 2022-06-26 20:09A-AA+

Shafaq News/ The Prime Minister of Kurdistan Regional Government, Masrour Barzani announced, on Sunday, the internationalization of the file of repeated missile attacks on Kurdistan Region, in the first reaction of its kind.

Barzani said in a statement, “I am concerned, like all citizens in all of Kurdistan, about the repeated terrorist attacks in recent months on our people and public infrastructure. The cowards who carry out these attacks have resorted to criminal attacks because they have lost the sympathy of public opinion in the rest of the country, and instead of From focusing on the future and economic integration with the rest of the world to create jobs for young people, these outlaw groups are firing rockets at our villages and at civilians in general.”

He added, “I spoke on the phone with the main political partners in the Kurdistan Region and Iraq, as well as our friends abroad, and during my call with Federal Prime Minister Mustafa Al-Kadhimi, I stressed the need to form a joint force of Peshmerga and Iraqi forces to fill any void that exists in the disputed areas that “Outlaw groups use them to recklessly destabilize the entire country. I explained to the Prime Minister that the attacks threaten the stability and investment climate of the entire country, and called on him to take public and practical measures to rein in these groups.”

“I also directed the Ministers of Peshmerga Affairs and Interior to take all necessary measures to protect vital public infrastructure and oil and gas facilities. Within the framework of the plan, we agreed to reinforce the region with additional forces, and more measures will be reviewed in the coming days,” he added.

And I also spoke last night with the White House coordinator for the Middle East and North Africa Brett McGurk, as our American friends and every investor must remain committed, and not succumb to fear, and over the next few days, I will urge our international friends and partners, and the UN Security Council to renew efforts With Erbil and Baghdad, finding ways for us both to protect against further terrorist attacks.”

He pointed out that “the Kurdistan Regional Government highly appreciates, and will defend and protect investments in the oil and gas sector and all public infrastructure. She made it clear that any attack on Kurdistan anywhere is an attack on all of Kurdistan and its people.”

“In this moment of national alignment, I call upon our people to remain resolute. This is a blatant attack on our infrastructure, and part of a coordinated effort to deter us from our strategic plans and reform programme. It certainly will not shake our steadfastness,” he said.

In recent weeks, fuel production sites in the Kurdistan Region were targeted with rocket propelled grenades, whose launch no one claimed.

The first missile targeting occurred in April, then in May it targeted the Kurgosk oil refinery, one of the largest refineries in the oil-rich region northwest of Erbil, the capital of the Kurdistan Region.

Earlier on Sunday, the US State Department condemned the recent attack on the Kormore gas field in the Sulaymaniyah Governorate in the Kurdistan Region.

The Emirati “Dana Gas” company, according to an agreement concluded in 2007, with the authorities of the Kurdistan Region, produces, markets and sells oil and natural gas from the Kormor and Chemchemal fields in the region.

State Department spokesman Ned Price said in a statement that the United States stands with its partners in condemning the ongoing missile and mortar attacks targeting the Kurdistan Region of Iraq, including the three attacks on the oil and gas infrastructure in Sulaymaniyah in the past four days.

Price added that “these attacks aim to undermine economic stability, challenge Iraqi sovereignty, and sow division and intimidation,” calling for “the investigation of these attacks and the prosecution of those responsible.”

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Al-Kazemi returns to the capital, Baghdad, after concluding his official visit to Saudi Arabia and Iran

politicsIranBaghdadbreakingSaudi ArabiaAl-Kazemi

 2022-06-26 15:59A-AA+

Shafaq News/ Prime Minister Mustafa Al-Kadhimi concluded on Sunday evening his official visit to the Islamic Republic of Iran, to which he arrived from the Kingdom of Saudi Arabia.

Al-Kazemi had arrived in the Saudi city of Jeddah on Saturday evening, and he was received by the Crown Prince of the Kingdom, Prince Muhammad bin Salman Al Saud, where they held a meeting in which they discussed ways to strengthen bilateral relations between the two countries and promote economic integration, and discuss a number of files with a regional dimension.

The meeting witnessed an affirmation of Iraq’s prominent role in the region, its efforts in calming and constructive dialogues.

Al-Kazemi performed the rites of Umrah to the Sacred House of God in Makkah Al-Mukarramah.

After concluding his visit to the Kingdom, the Prime Minister headed to the Islamic Republic of Iran on Sunday afternoon and was received by Iranian President Ibrahim Raisi.

After the official reception ceremony, the two sides held a meeting in which they discussed bilateral relations between the two countries and joint cooperation in various fields. They also discussed a number of basic issues of common interest, especially with regard to the regional situation, where it was emphasized that support for the armistice in Yemen and the strengthening of efforts to stop the war and the establishment of peace there, and that the peaceful solution to the crisis be Yemeni.

Iraq’s role in the region and its efforts in consolidating peace, in a way that enhances its regional and international standing, was also commended.

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Abdullahian to Al-Kazemi: Iran supports the reopening of embassies in Riyadh and Tehran

politicsIraqIranbreakingSaudi ArabiaAl-Kazemi

 2022-06-26 15:50A-AA+

Shafaq News/ Iranian Foreign Minister Hossein Amir Abdollahian confirmed on Sunday that his country supports the reopening of embassies in Tehran and Riyadh, calling for strengthening Iranian-Egyptian relations.

This came during his meeting with Prime Minister Mustafa Al-Kazemi, who is visiting Iran, a day after a visit to Saudi Arabia.

During the meeting, Abdollahian said, in reference to the ceasefire in Yemen, the foreign minister affirmed Iran’s support for the continuation of the ceasefire and the need to end the humanitarian siege in the country.

The Iranian Foreign Minister praised Iraq’s efforts in strengthening the dialogue component and its constructive role in regional equations and dialogue between the Islamic Republic of Iran and the Kingdom of Saudi Arabia.

There have been five rounds of talks between Iran and Saudi Arabia in Baghdad so far.

Noting the commonalities between Iran and Egypt, the foreign minister called for strengthening relations between Tehran and Cairo for the benefit of the region and the Islamic world.

For its part, Iranian Fars News Agency reported that Iraqi Prime Minister Mustafa Al-Kazemi stressed during the meeting the position and role of the Islamic Republic of Iran in regional developments and its proximity to Iraq, adding that “Iraq is serious in developing bilateral relations with the Islamic Republic of Iran, its reassuring role in the region.”

“We will continue our efforts to enhance regional dialogue and cooperation,” Al-Kadhimi stressed.

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Vladimir Putin ‘to be overthrown by three rivals in hammer to head’ says CIA insider

WorldVladimir Putin

 2022-06-26 15:27A-AA+

Shafaq News / A secret plot to oust Russian President Vladimir Putin could already be underway within his inner circle, according to a CIA insider.

Putin’s cronies could already be lurking in the wings if Russia’s invasion of Ukraine fails, with concerns and speculation mounting over the president’s health.

Sergei Shoigu, Russian Defence Minister and a close Putin-ally, may be central to a mutiny to overthrow the president, according to ex-CIA Moscow station chief Daniel Hoffman.

He added that if anyone is going to overthrow Putin then it’ll be done in secret so that he doesn’t find them and kill them first.

“Nobody’s gonna ask, ‘Hey Vladimir, would you like to leave?’ No. It’s a f***ing hammer to the head and he’s dead. Or it’s time to go to the sanatorium,” Hoffman told The Daily Beast.

“They schwack him for it. That’s what they’ll do.”

(Mirror)

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Where do the revenues of about 500 thousand barrels per day of the region’s oil go?

06/26/2022 22:51

  • number of readings 97
  • Section : Iraq

Baghdad / Obelisk: Kurdish politician Othman Hassan confirmed, on Sunday, June 26, 2022, that Barzani’s sole management of the oil file will lead to political chaos in Kurdistan.

Hassan said in an interview followed by the obelisk that all Kurdish political forces, even those close to Barzani’s party, agree with each other about the lack of transparency in the export of oil and gas and do not know where the revenues of more than 500,000 barrels per day go, in addition to large quantities of gas.

He added that the revenues should make Kurdistan in prosperity, but unfortunately the economic situation is deteriorating and the retirees are waiting in queues to receive their late salaries, not to mention the growing migration crisis into the unknown.

He pointed out that Barzani’s party and his family alone in managing the oil file will lead to political chaos in Kurdistan, stressing that there is congestion and popular resentment after the recent fuel crisis, and may a spark lead to a revolution that will change the course of the situation in the whole region, especially since hegemony over decision-making in the region has become clear and there is marginalization of the rest of the forces. Kurdish.

The region suffers from major economic and energy crises despite illegally exporting more than 500,000 barrels per day.

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Iranian Foreign Minister to Al-Kazemi: We welcome the opening of embassies in Tehran and Riyadh

2022/06/26 23:20

  • number of readings 207
  • Section : Iraq

Baghdad / Obelisk: On Sunday, June 26, 2022, Prime Minister Mustafa Al-Kadhimi held a meeting with Iranian Foreign Minister Hussein Amir Abdullahian on the sidelines of his official visit to Tehran.

His office said in a statement received by Al-Masala that Prime Minister Mustafa Al-Kazemi is meeting with Iranian Foreign Minister Hussein Amir Abdullahian, on the sidelines of his official visit to the Iranian capital, Tehran.

Iranian Foreign Minister Hussein Amir Abdollahian, when meeting with Prime Minister Mustafa Al-Kazemi and his accompanying delegation in Tehran, valued the Iraqi government’s constructive role in regional equations and its efforts to make the dialogues between Iran and Saudi Arabia a success.

Abdullahian said during the meeting that the Islamic Republic wants nothing but good for the region and welcomes the opening of embassies in Tehran and Riyadh.

He affirmed Tehran’s support for the continuation of the ceasefire in Yemen and the end of the siege, pointing out that there are many common denominators between Iran and Egypt and strengthening relations between them will be in the interest of the region.

In the same context, Al-Kazemi met with the First Vice President of the Islamic Republic of Iran, Muhammad Mokhber, on the sidelines of his official visit to the Iranian capital, Tehran.

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Parliament: We need an explosive budget

communityDiwaniyahIraqi parliamentFederal budget2022 budgetemergency support lawFood Security Emergency Subsidy Law

 2022-06-26 14:09A-AA+

Shafaq News/ Member of the Iraqi Parliament, Faisal Al-Naeli confirmed on Sunday that the amounts allocated to the governorate according to the “Emergency Support for Food Security and Development” law are insufficient to meet the need, while referring to the need for an explosive budget.

“The budget of the emergency support law included some poor governorates, but it was not sufficient to meet the needs of Diwaniyah, especially since the governorate needs huge funds to support infrastructure,” Al-Naeli, a deputy from Diwaniyah Governorate, told Shafaq News Agency.

He added that “Al-Diwaniyah owns 15 administrative units that suffer from dilapidated services and non-existent infrastructure, at the time of the budget allocated according to the Food Security Law, which does not cover even half of the governorate’s needs.”

Al-Naeli explained, “What was allocated to the governorate according to the Food Security Law was about 495 billion dinars, while Diwaniyah actually needs three times the amount, or an explosive budget, to cover the costs of health and educational projects, roads and bridges in all its administrative units.”

The House of Representatives voted in its session, which was held, on the evening of June 8, in the presence of 273 deputies and the chairmanship of the Speaker of the Council, Muhammad al-Halbousi, on the law on emergency support for food security as a whole, in which the financial allocations amounted to 25 trillion Iraqi dinars.

The emergency support law came as an alternative to the faltering federal budget law for the year 2022, due to the delay of the political forces in forming the new government, to play its role in preparing the draft law, and sending it to Parliament for a vote, just as the government of “day-to-day affairs” cannot present a sovereign project. Like this, according to the interpretation of the Federal Court (the highest judicial authority in Iraq).

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The Democrat expects to see the crescent of political détente before Eid al-Adha

133 Policy  06/26/2022 21:48 
Baghdad today – Baghdad
On Sunday, the Kurdistan Democratic Party expected the end of the political crisis this week, indicating that Thursday’s session was the first opportunity for the blocs to move towards forming a government.
 The leader of the party, Mahdi Abdul Karim, said in an interview with (Baghdad Today) that ” this week will be enough to clarify some dialogues between the political blocs, especially with expectations of different visits between the political blocs. “

He added that “the dialogues will be more developed and positive, especially with the political détente that took place after the parliament session was held on Thursday, which led to the replacement of the candidates being sworn in.”
He expected that “the dialogues are moving more towards forming the next government before Eid.”

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Economist: Iraq’s environment is expelling investment and the Central Bank on government investment


  • Time: 06/26/2022 17:15:17
  • Reading: 546 times
Economist: Iraq's environment is expelling investment and the Central Bank on government investment

{Economic: Al Furat News} The economic expert, Salah Nouri, described today, Sunday, Iraq’s environment as “repelling investment.”

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Nuri told Al-Furat News that: “Talking about Iraq’s investment in securities may concern the private sector and not the government, as it is known that Iraq is an environment that expels investment, which may push some traders and businessmen to foreign investments.”
He added, “Foreign government investment is only for the Central Bank through bonds, and there were investments with the Ministry of Finance, but at the moment they do not exist.”
For his part, the economic expert, Manar Al-Obaidi, considered Iraq the highest investment country in foreign securities at the regional level.
Al-Obaidi said, in a statement, that the volume of the Central Bank of Iraq’s foreign investments amounted to more than 60 trillion dinars, which is the highest since the establishment of the Central Bank of Iraq at all.
And he indicated, that the total assets of the Central Bank of Iraq amounted to 170 trillion Iraqi dinars, of which 60 trillion were, which represents 35% of the total assets are investments and foreign securities held, and represented 28% of the assets of the Central Bank are dues on the Ministry of Finance and 16% deposits with offshore banks.

From: Raghad Daham

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