On Tuesday, the United States of America announced a condition to increase opportunities for the growth of the private sector in Iraq.
And the US ambassador to Baghdad, Alina Ruminsky, said in a tweet via Twitter, which was followed by / Mawazine News /, that she “spoke today with members of the United States in the Business Council for International Understanding and told them that economic opportunities exist in Iraq.”
She added, “The potential for private sector growth will increase if the new government takes measures to build a more stable, secure and sovereign Iraq.” Ended 29/R77
{Political: Al-Furat News} The Prime Minister, Muhammad Shia Al-Sudani, has identified the Central Bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate.
Al-Sudani said in his first press conference after forming the government and gaining the confidence of the House of Representatives: “The central bank is the only responsible party for changing the dollar exchange, and as an executive authority we are committed to this aspect and we support the independence of the bank and the government is committed to implementing the law.”
However, he added: “But the decision to change the exchange rate in the past was not accompanied by measures to protect the poor classes.”
Regarding the fight against corruption, the Prime Minister launched the term “corruption pandemic”, referring to it as a “serious threat to the Iraqi state.”
And he indicated that “the danger of corruption lies in planning for it without fear of deterrence,” noting that “the procedures for recovering the stolen amounts from the tax trusts are continuing and are being followed up daily.”
Al-Sudani added, “Without real measures, anti-corruption slogans will be a mere absurdity,” stressing that “the recovery of the looted funds will be a key focus in relations with the countries of the world, and we will not remain silent about the stolen and looted money smuggled abroad in countries known to us and known corrupt as well.”
The Prime Minister warned against “any minister condoning corruption files, as he will be under the law, and the ministers will be evaluated on this basis, and we will adopt frankness and openness with the people.”
Al-Sudani stressed the government’s vision in the next stage, writing and approving the ministerial curriculum within the Council of Ministers within two weeks from now, and our priorities are to combat poverty, unemployment and corruption, carry out economic reforms and provide services.
He pointed out, “I directed the Ministry of Commerce to enhance our strategic storage of basic food supplies.”
He announced that “the government is going to activate and implement the health insurance law, and there are offers from foreign companies to jointly operate and invest in government hospitals,” explaining that “implementing the health insurance law will guarantee the advancement of the health sector.”
He stressed, “removing the security establishment from any political investment and the security services concerned with preserving the prestige of the state.”
Al-Sudani pointed out that he “emphasized to friends and international partners the sovereignty and interest of Iraq.”
He explained that “the cabinet’s schedule will focus on the needs of the people, not fillers,” noting that “the caretaker government does not have the authority to issue appointment orders and agreements.”
He added that “the abolition of the decisions to appoint heads of agencies and advisers is not within the calculations of a policy or the exclusion of certain parties, but in implementation of the decision of the Federal Court, which is applicable and implementation,” stressing that “the approach of this government’s work will be towards implementing the law and judicial decisions.”
He announced, “forming an engineering effort to provide urgent services, and we will go to the field to implement service projects in the governorates, and there will be a clear difference in services.”
The Prime Minister stressed that “the agricultural plan for the winter season is late, and the recommendations of the committee concerned with preparing the winter agricultural plan have been approved, and it will be up to 5.5 million dunams,” announcing “the approval of recommendations to compensate farmers affected by not planting the yam crop, up to 120 billion dinars.”
Al-Sudani said: “We are working on studying the file of procedures and contracts with Resolution 315 in an accurate and personal manner, and we asked the Ministry of Finance to check the numbers of contracts and procedures and make recommendations.”
He promised “the law to protect the product is a sacred matter and directive to support national products,” noting that “burning associated gas causes great financial waste, and we have a vision to invest associated gas.”
And on the financial budget for 2023, the Prime Minister announced that he “directed all ministries today to prepare the 2023 budget and determine its priorities, as we are keen to present the budget as soon as possible.”
Regarding the date of holding early parliamentary elections, Al-Sudani explained that “this decision concerns the House of Representatives and the government is ready to meet the requirements for holding them,” pointing out that “the provincial elections will be held no later than October 2023.”
Al-Sudani affirmed that his government “will continue with Iraq’s mediation between Iran and Saudi Arabia, and it is in Iraq’s interest to play this role.”
And regarding the presence of the international coalition forces in the country between the Commander-in-Chief of the Armed Forces, “the agreement with the political forces provided for authorizing and authorizing the prime minister to conduct a dialogue with the international coalition and through the relevant ministries, and it would be professional to determine the need for the international coalition as numbers with advisers, tasks and advice, and to exchange information and in light of that and what would result It is a government decision that all political parties will abide by, and we will proceed to complete this dialogue according to what is planned.”
Prime Minister Muhammad Shia Al-Sudani at a press conference:
Al-Sudani: We affirmed the government’s vision in the next stage Al-Sudani: Writing and approving the ministerial curriculum within the Council of Ministers within two weeks Al-Sudani: Our priorities are combating poverty, unemployment and corruption, carrying out economic reforms and providing services Sudanese: Strengthening our strategic stockpile of basic food supplies Sudanese: We are going to activate and implement the Sudanese Health Insurance Law : Offers from foreign companies to jointly operate and invest in government hospitals Sudanese: Implementation of the health insurance law guarantees the advancement of the Sudanese health sector: The security establishment must be removed from any political investment Sudanese: The security services are concerned with preserving the prestige of the Sudanese state Dangerous for the Iraqi- Sudanese state: the danger of corruption by planning it without deterrence Al-Sudani: The procedures for recovering the stolen amounts from the tax secretariats are ongoing and are being followed up daily Al-Sudani: We have assured friends and international partners of the sovereignty and interest of Iraq
A political source said, on Tuesday, the dismissal of security officials by a decision of the Council of Ministers.
The source told “Mawazine News”, “The dismissals included the director of the intelligence service, Raed Jouhi, and the general in the agency, Diaa al-Moussawi.” The source added, “The commander of the special squad in charge of protecting the capital, Lieutenant-General Hamid Al-Zuhairi, has been referred to the Amir.” Ended 29/R77
Shafaq News/ The Ministry of Oil announced, on Tuesday, the total exports and revenues achieved for the month of last October.
According to the preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO”, the total amount of crude oil exports amounted to (104) million (831) thousand and (120) barrels, with revenues of (9.258) billion dollars.
The statistics indicated that the total quantities exported of crude oil for the month of last October from oil fields in central and southern Iraq amounted to (102) million and (70) thousand and (427) barrels. One million (417) thousand (893) barrels. .
And the average daily quantities amounted to (3) million and (382) thousand barrels per day.
And the average price per barrel amounted to more than (88.31) dollars.
In a related context, the Director General of the Basra Oil Company, Khaled Hamza, announced that the Basra Oil Company achieved the highest export rate during the past three years, as the export rate from the southern sea ports for the month of October reached (3,293) million barrels per day, with a total revenue of (102,083,000) million barrels. He confirmed that the company will increase its export capacities during the next stage in support of the national economy.
Shafaq News/ The envoy of the United Nations Secretary-General, Jenin Hennis-Plasschaert, said on Tuesday that Baghdad and the Kurdistan Region are serious about addressing the outstanding problems between the two parties.
In a statement to Shafak News Agency, Plasschaert said, about whether she is optimistic about the new Iraqi government, “There are many challenges for the Iraqi government, and I think the Prime Minister is fully aware of the priorities that he will have to address… I wish him good luck.”
In response to a question about whether the new government can address the outstanding issues between the Kurdistan Regional Government and Baghdad, Plasschaert said: “I know that there is an agreement between Erbil and Baghdad to work on all outstanding issues, and I think that both sides are serious about this matter.”
Baghdad / Obelisk: The Prime Minister, Muhammad Shia Al-Sudani, directed, on Monday, October 31, 2022, the Ministry of Finance, to send the draft federal budget law for the Republic of Iraq, for the fiscal year / 2023, to the Ministerial Council for Economy as soon as possible for study.
A statement by the General Secretariat of the Council of Ministers stated that the draft law will then be sent “to the General Secretariat of the Council of Ministers; To include it on the agenda of the Council of Ministers, in order to expedite its legislation, because of its importance.”
He pointed out that “the directive came during the cabinet meeting in its first regular session, held on 10/28/2022.”
Baghdad / Obelisk: The Prime Minister, Muhammad Shia Al-Sudani, directed, on Monday, October 31, 2022, the Ministry of Finance, to send the draft federal budget law for the Republic of Iraq, for the fiscal year / 2023, to the Ministerial Council for Economy as soon as possible for study.
A statement by the General Secretariat of the Council of Ministers stated that the draft law will then be sent “to the General Secretariat of the Council of Ministers; To include it on the agenda of the Council of Ministers, in order to expedite its legislation, because of its importance.”
He pointed out that “the directive came during the cabinet meeting in its first regular session, held on 10/28/2022.”
Baghdad / Obelisk: The International Monetary Fund ‘s report on growth prospects for the Middle East and Central Asia showed surprising expectations for the next year, which included the 10 fastest growing Arab economies in 2023.
After Iraq ranked first in the ranking of the fastest growing Arab countries during 2022, with an expected growth of 9.3%, followed by Saudi Arabia as the fastest growing country within the Group of Twenty with a growth of 7.6%, the status of the list changed completely for the next year.
The report revealed that Libya, which is expected to achieve a contraction of 18.5% during 2022 in its gross domestic product, will be the fastest growing among the economies of Arab countries, as the International Monetary Fund expects to achieve a growth of 17.9% during 2023.
Djibouti ranked second with an expected growth of 5% for the year 2023, compared to a growth of 3.6% for the year 2022, followed by Mauritania in the third place, with an expected growth rate of 4.8% for the year 2023, and only 4% for the current year.
Egypt ranked fourth among the 10 fastest growing Arab countries during 2023, with a growth of 4.4%, after it ranked third in the Fund’s expectations for the current year, with a growth of 6.6%.
The International Monetary Fund expected the UAE economy to achieve a growth rate of 4.2% in 2023, after a growth of 5.1% in 2022.
The Sultanate of Oman ranked seventh in the ranking, with an expected growth rate of 4.1% for the year 2023, and 4.4% in 2022, followed by Iraq, which took the lead last year in eighth place in the Arab world, with an expected growth rate of 4% in 2023, compared to 9.3% in 2022.
The International Monetary Fund expected that the growth rate of the Saudi economy would fall to 3.7% from record levels of 7.6% expected for the current year.
It is noteworthy that the Kingdom revealed in a report on Monday the growth rate of the third quarter, which recorded 8.6%.
The report expected Palestine to occupy the tenth place among the economies of Arab countries in terms of the expected growth rate for the year 2023, with a growth of 3.5%, while the report did not clarify the expected growth rate for the economies of Lebanon and Syria.
The Fund expected that the overall growth rate of the economies of Arab countries will reach 3.9% in 2023, compared to 5.4% in 2022.
{Economic: Al-Furat News} The former member of the Parliamentary Finance Committee, Ahmed Al-Saffar, expected today, Monday, an unprecedented budget for Iraq in 2023.
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Al-Saffar told Al-Furat News that: “The federal budget, according to the Financial Management Law, has principles, rules and a life cycle that starts from the smallest units of public spending, and usually the government starts preparing it in early June and ends in mid-October and then sends it to the Finance Committee, which studies it for a period of time.” Two or three months, then it becomes law.” He added, “There is no general budget that ends within a week or a month, especially the program of Prime Minister Muhammad Shiaa al-Sudani aims to solve the problems that have existed for 18 years, the most important of which is fighting corruption.” Al-Saffar continued, “For the first time in the history of Iraq, there will be a financial abundance of up to 80 billion dollars as a result of the rise in oil prices for 2022, and with oil revenues for the year 2023 estimated at 120 billion dollars, the total will be approximately 200 billion dollars.” point to ” Al-Saffar added, “The Minister of Finance has experience in preparing the budget, and the government can prepare a new budget by reconsidering the mechanism of schedules, returning to spending units, and starting with the smallest spending unit, leading to the ministries’ budget.” Today, Monday, the Ministry of Finance announced the actual start of preparing the budget law for 2023.
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