Adviser to Al-Kazemi: Allawi’s resignation will not affect the work of the Finance, and we have a very large abundance

• Time: 08/16/2022 23:32:37
• Reading: 1,326 times

  {Economic: Al Furat News} Adviser to the Prime Minister for Reconstruction Affairs, Sabah Abdul Latif, confirmed that the resignation of Finance Minister Ali Allawi did not affect the work of the ministry, while he acknowledged the existence of financial abundance.

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Abdul Latif said; For the program {Al-Mastra} broadcast by Al-Furat satellite channel tonight, that: “The Minister of Finance is very experienced and important to our country and his presence and the ministry’s staff supported the issues of reconstruction and facilitating matters, and we hope that his departure from the position will not deprive us of his experiences, and his resignation will not affect the work of the ministry.”
He added, “We have a great financial abundance, but it cannot be used for investment and improving people’s lives, and today we have reached a state of obstruction and financial constraints, and the government does not have the authority to invest and financially spend.”
“Our country is rich in investments, but unfortunately they are used incorrectly and the political and security situation has a significant impact on the investment movement,” Abdel Latif added.
He pointed out that “there are many obstacles to investment, including the absence of an investment and banking system for granting loans, and the banking system does not encourage the progress of investment projects,” blaming the responsibility for weak investment “on the shoulders of the government, parliament and the national investment authority for not crystallizing a motivating and motivating law.”
On the “Dari” housing project, Abdul Latif explained, “All our Iraqi cities, especially Baghdad, have lost their basic designs, and the Dari housing initiative was launched a year ago and all the lands that were allocated outside the cities have identified 550 thousand housing units and now it has been entrusted to the Ministry of Construction and Housing and there are two topics under discussion to provide Building cheaply or assigning the investor to invest in land and provide the necessary services and infrastructure.
He pointed out, ” The difficulty of foreign investment in light of the current political and security conditions; But there are many local companies that have expressed their willingness to adopt the construction of housing units, and the standard is to be serious in investing.”
Abdul Latif added, “Dari project is in two phases, the first is 330 thousand housing units, distributed in two locations in Baghdad and one location in some provinces. Very soon, bonds will be distributed to citizens, housing and reconstruction in the stage of providing services, then the second phase of it will be launched, and the projects will focus on the poor groups.”
And he indicated that “the desire of investors in Iraq to build very low-cost units, and the investment authority decided to intervene in the sale of housing units,” stressing “the need for private banks to grant loans to citizens for the purposes of construction and housing, and to have a role in this field.”
Abdel-Latif added, “We have housing projects in all governorates, and some projects are granted free of charge to some citizens of martyrs’ families, social welfare and others,” noting “the government’s mistake by concentrating overcrowded cities and ignoring the outskirts of cities and a project that I invested 17 sites in; but investors do not want to build these sites.” The lack of services and the lack of profits.
He held the policy “responsible for delaying the approval of the budget while the government is restricted from providing services.”
Regarding the strategic projects under implementation, Abdul Latif said, “There are projects in which implementation has begun, including the Hawally Road, which will solve 30% of the traffic problems in Baghdad. Soon, a global consultancy will be signed to re-design the road at a value of 76 billion dinars. The road will contain 24 bridges with services and stations. A break, and the rehabilitation and development of five entrances to Baghdad was signed, and work is underway with the implementing companies.
And he concluded, “Also, the investment body continued to grant loans for clean energy projects and we have solar energy projects, and a global consultancy company was signed on the issue of renewable energies and we have foreign investors; but Iraq occupies the lowest positions globally in attracting investment companies, according to World Bank reports.”
Abdul Latif concluded, “The prestige of the state and the sobriety of laws encourage companies to implement their investment projects, and the bureaucracy is the biggest enemy of investment projects, and the white paper prevented any customs exemptions.”

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To put forward a new candidate, Al-Amiri officially requests a meeting with Al-Sadr

politicsbreakingMuqtada al-SadrHadi Al-Amripolitical crisis

 2022-08-16 18:52A-AA+

Shafaq News/ A leader in the Fatah Alliance led by Hadi al-Amiri revealed today, Tuesday, the latter’s request to meet with the leader of the Sadrist movement, Muqtada al-Sadr, at the end of this week.  

The leader, who chose not to be named, told Shafaq News Agency, that Al-Amiri informed the private office that he wants to visit Muqtada Al-Sadr next Thursday, explaining that there is no response to the visit by Al-Sadr’s office so far. 

And he indicated that Al-Amiri is working to solve the crisis between Al-Sadr and the leaders of the coordination framework by putting forward a new acceptable candidate for the position of prime minister, and forming the government, provided that early elections will be held within a period not exceeding one year.

Since the beginning of this week, Al-Amiri has been visiting political leaders, beginning with the Kurdistan Region, and ending today with the representative of the United Nations, with the aim of launching an initiative to sit at the dialogue table to overcome the current political crisis facing the country.

Today, multiple sources from within the coordination framework, which brings together Shiite forces with the exception of the Sadrist movement, revealed to Shafaq News Agency, that all the leaders of the framework and the blocs allied with it will attend the “national dialogue” tomorrow, and indicated the nomination of two alternatives to head the government instead of Muhammad Shia al-Sudani.

Tomorrow, Wednesday, a “national meeting” will be held at the government palace in Baghdad, called by Prime Minister Mustafa Al-Kazemi, with the participation of leaders of political forces, to start a “serious” national dialogue; And finding solutions to the current political crisis, and the current closures within the scope of the constitution.

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The framework pins hopes on the outcomes of the “National Dialogue” and expresses its readiness to replace Al-Sudani with other candidates

politicsbreakingNational Dialoguecoordinating frameworkpolitical blockage

 2022-08-16 11:56A-AA+

Shafaq News/ Multiple sources from within the coordination framework, which brings together Shiite forces with the exception of the Sadrist movement, revealed on Tuesday that all leaders of the framework and allied blocs with it will attend the “national dialogue” tomorrow, noting that two alternatives will be nominated to head the government instead of Muhammad Shia al-Sudani.

The sources told Shafaq News Agency, “The results of the national dialogue meeting called for by Prime Minister Mustafa Al-Kazemi will determine the most appropriate option adopted by the coordination framework in its endeavor to form the next government.”

And she indicated that “the national dialogue meeting will be attended by all the leaders of the Shiite forces in the framework, along with the leaders allied with it, and the framework will carry with it all its papers that include more than one scenario to get out of the political impasse.”

However, the sources mortgaged reaching a solution to get out of the political deadlock, with “all forces agreeing among themselves to overcome differences and start a real dialogue, and if it is necessary to replace the framework candidate for prime minister, Muhammad Shia Al-Sudani, there is more than one alternative candidate, most notably Haider Al-Abadi and Abdul-Hussein Abtan.”

The sources also pointed out that “if the leader of the Sadrist movement, Muqtada al-Sadr, accepts the outcomes of what he will nominate for tomorrow’s meeting, then matters will be resolved in a series of ways that achieve everyone’s goals according to their political and electoral entitlement.”

Earlier today, Iraqi Prime Minister Mustafa Al-Kazemi, in a statement received by Shafaq News Agency, called “the leaders of the national political forces for a national meeting at the Government Palace tomorrow, Wednesday, to start a serious national dialogue and joint thinking, in order to find solutions to the current political crisis, And the current closures within the scope of the constitution and on the basis of the supreme national interest, which contributes to calming the current escalation.”

He stressed, “to create an appropriate environment for political and constitutional solutions, in order to achieve the aspirations of our people.”

He also urged “all national parties to stop the popular and media escalation, and to give enough space for moderate proposals to take their place in the national debate.”

Al-Kazemi called on the media and the cultural, social and political elites to contribute to the consolidation of the national spirit, and not to frighten people, but rather to help state institutions to carry out their tasks in the service of our people, and in ensuring security and stability.

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Text of Finance Minister Ali Allawi’s resignation

• Time: 08/16/2022 17:20:56
• Reading: 3,172 times

  {Politics: Al-Furat News} Cabinet spokesman Hassan Nazim revealed, today, Tuesday, the text of the resignation of Finance Minister Ali Abdul-Amir Allawi from his position to the Speaker of the Council, Mustafa Al-Kazemi.

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Nazim said, in the weekly press conference, that: “The resignation of the Minister of Finance expressed great respect for the government’s achievements, as the resignation described the government’s measures and achievements as exceptional, and indicated that the government’s achievements were hampered by political power struggles, and that the government is shackled by the rampant conflict between political forces.” .

He added, “The Minister of Finance also referred in the text of the resignation to the rapid growth of the economy in Iraq, and the government’s achievements that contained political violence, while including talk about the government’s fulfillment of the promises it made to the Iraqis.”

Nazim continued, “The resignation of the Finance Minister also referred to the success achieved by the government in its foreign relations, and to the reform strategies set by the government that were disrupted by the political conflict,” adding, “The resignation of the Finance Minister expressed the government’s ability to achieve more achievements if it had political support.”

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Al-Kazemi invites the leaders of the political forces to a national meeting at the government palace tomorrow, Wednesday

• Time: 08/16/2022 18:21:21
• Reading: 741 times

  {Politics: Al-Furat News} Prime Minister Mustafa Al-Kazemi called the leaders of the national political forces to a meeting at the government palace tomorrow, Wednesday, to start a serious national dialogue.

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And Thaal Al-Kazemi, in a statement, which {Euphrates News} received a copy of, said: “Out of the common national responsibility that unites the Iraqis on the principle of preserving Iraq’s unity, security, and stability, I call upon the brothers to start a serious national dialogue and common thinking in order to find solutions to the crisis.” The current political situation, and the current closures within the scope of the constitution and on the basis of the supreme national interest, in a manner that contributes to calming the current escalation, and creating an appropriate environment for political and constitutional solutions, in a manner that serves to achieve the aspirations of our people.

He added, “In this regard, I call on all national parties to stop the popular and media escalation, and to give sufficient space for moderate proposals to take their place in the national debate,” addressing that “Iraq is a trust in all of us, and the interest of our country requires everyone to give precedence to the language of dialogue, and to give time and opportunity.” of sound national intentions, and blocking the path of trolls of sedition and disputes.”

Al-Kazemi continued, “I take this opportunity to assure our people that the state institutions and the security and military agencies have decided – out of national concern – not to be a party to any political dispute, and that our focus is on preventing any effects of the political crisis on people’s interests and security, and we call upon the media and cultural and social elites.” And politics should contribute to the consolidation of the national spirit, and not to frighten people, but rather help state institutions to carry out their tasks in the service of our people, and to ensure security and stability.

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With the resignation of the Minister of Finance.. the dollar is falling in the Baghdad markets

economydollar pricesbreakingMinister of FinanceResignationAli Allawi

 2022-08-16 07:45A-AA+

Shafaq News/ The dollar exchange rates declined in Baghdad markets, on Tuesday, with the resignation of Finance Minister Muhammad Allawi.

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange in Baghdad registered at 3:00 p.m. today, Tuesday, 148,200 Iraqi dinars, compared to 100 US dollars.

The price of the dollar this morning recorded 148,450 Iraqi dinars, compared to 100 dollars.

Our correspondent indicated that buying and selling prices decreased in banking shops in the local markets in Baghdad, where the selling price amounted to 148,750 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 147,750 Iraqi dinars per 100 US dollars.

This decline comes shortly after the Iraqi Finance Minister, Ali Allawi, submitted his resignation from his position during the session of the Council of Ministers held, while the Prime Minister agreed to it.

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Al-Amri and Plasschaert discuss ways to address the current political crisis

political| 02:50 – 16/08/2022

Baghdad – Mawazine News
, the head of the Fatah Alliance, Hadi al-Amiri, received in Baghdad today, Tuesday, the United Nations envoy, Jeanine Plasschaert.

Al-Amiri’s office stated in a statement received by Mawazine News, a copy of it, that “the two sides discussed the most important developments in the political situation and ways to address the current crisis, and the continuation of support for national efforts exerted to bring the views of the parties closer to address the political blockage that has existed for several months.” Ended 29/M99

https://www.mawazin.net/Details.aspx?jimare=202613

The Minister of Finance submits his resignation, and Al-Kazemi agrees

politicsbreakingMinister of FinanceMustafa Al-KazemiAli Allawi

 2022-08-16 06:34A-AA+

Shafaq News/ On Tuesday, Iraqi Finance Minister Ali Allawi submitted his resignation from his position.

A source in the Council of Ministers told Shafaq News Agency, that Al-Kazemi agreed to resign during the current cabinet session.

It is not yet clear the reasons for the resignation.

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With the participation of 180 companies… the launch of the Erbil International Real Estate and Investment Exhibition

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Kurdistan womenbreakingInvestmentsreal estatesErbil Exhibition

 2022-08-16 06:19A-AA+

Shafaq News/ The Third International Exhibition for Investment and Real Estate was held in Erbil on Tuesday, with the participation of 180 local and international private companies in the field of investment and real estate, and in the presence of many government figures.

Ahmed Saber, a businessman participating in the exhibition, told Shafaq News Agency; “These exhibitions are a major contribution by the regional government to developing the real estate sector and attracting foreign investments to Kurdistan.” 

Abdul Salam Al-Hajri, who participated in the exhibition as an Emirati investor, told Shafaq News Agency; The “Kurdistan region has become an important station for investment because the regional government offers many facilities through its laws to foreign investors, in addition to the relative stability that helps in developing this field.” 

The exhibition will last for four days, with many offers for companies and individuals.

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A painting by Picasso “suspected” in a security raid in Iraq

miscellaneousIraqbreakingDrug dealingpaintingPicasso

 2022-08-16 06:04A-AA+

Shafaq News/ The website of the English-language newspaper “The National” stated that the Iraqi authorities believed that they had found a painting by the international Spanish painter Pablo Picasso during an anti-drug raid in Diyala Governorate.

The report, which was translated by Shafak News Agency, explained; The painting, which if confirmed, could be worth millions of dollars, was found in the possession of three people who were arrested for their involvement in drug trafficking and transportation.

The report pointed out that the condition of the painting is not clear, and its size and the topic it deals with were not disclosed. 

However, the report indicated that the Iraqi Ministry of Interior said that the discovery of the painting came within the framework of continuous security operations since last July. A spokesman for the ministry said that “work is continuing and intense to curb drug trafficking, promotion and abuse.” 

The report added that it is not the first time that a painting believed to be by Picasso has been found in Iraq. In August 2009, the Iraqi police found a rare painting by the Spanish painter in the city of Hilla, believed to have been stolen during the Iraqi invasion of Kuwait in 1990. . 

This painting was titled “Naked Woman” marked with the word “Louvre” and included stamps from the Paris Louvre Museum. 

However, the museum denied the presence of a Picasso painting in its collection of paintings, while the “Lost Art Register” in London indicated that it had no records related to lost paintings from the Kuwait National Museum.

The report stated; The use of famous artworks by prominent artists, as a barter for collateral, has become an increasingly lucrative avenue for organized crime syndicates to secure deals.

Among the most prominent of these incidents occurred in 1969 when the painting “Michelangelo Merisi da Caravaggio” was stolen from the church of San Lorenzo in the Italian city of Palermo by the Sicilian mafia “Cosa Nostra”, where the masterpiece is still lost until now. 

Since that time, many artworks by Vincent van Gogh, Johannes Vermeer, Rembrandt van Rijn, Edgar Degas and Edward Mannier have been burgled, with the aim of selling them on a closed black market, or for use as barter or collateral in Deals with other gangs of organized crime.

Translation: Shafak News Agency

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