Mr. Faris Issa, Head of the Kurdistan Regional Government Representation in Baghdad, visited on Thursday afternoon (10/11/2022) the President of the Republic, Dr. Latif Rashid.
During the meeting, they discussed the current situation in the country, and stressed the need for all political parties to support the new government in order to solve and address the outstanding problems between Erbil and Baghdad.
The President of the Republic valued the role and efforts of the Kurdistan Regional Government’s representation in following up the files between the two sides, and working to build balanced relations with all political parties in order to overcome obstacles in the service of the public interest.
For his part, Mr. Fares Issa thanked the President of the Republic for giving him the opportunity to meet, calling on him to make efforts to implement the provisions of the Iraqi constitution, especially with regard to the rights of the people of Kurdistan Region, since the President of the Republic is the protector of the constitution.
Central Bank Governor Mostafa Ghaleb Mikheeb denied the talk about fixing the exchange rate for years.
An informed source said in an interview with
Alsumaria news, that “the governor of the central bank denies his talk about the current dollar price, which will be established for other years to come.”He was the prime minister
Muhammed Shiaa Al-SudaniHe confirmed, a few days ago, that the decision to raise the dollar exchange rate was not accompanied by measures to protect the vulnerable classes.
{Economic: Al Furat News} The Parliamentary Finance Committee expected, today, Thursday, the shape of the federal budget for the year 2023, describing it as “different.”
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Committee member Jamal Cougar told Al Furat News that: “The budget for the year 2023 will be somewhat different, especially the investment budget in it.” He explained, “The operation in it will be similar. As for the investment, we believe it will be different, as the budget is supposed to include job opportunities, support for the private sector, and support for small projects.” “We also expect that it will include steps that lead to the construction of strategic projects such as roads and dams,” Cougar added, stressing “the need to focus on these areas.” The former Rapporteur of the Parliamentary Finance Committee, Ahmed Al-Saffar, described the 2023 budget as “the largest in the history of Iraq.” For his part, the economic expert, Nabil Al Marsoumi, via {Euphrates News} determined the “realistic” price. The Prime Minister, Muhammad Shia Al-Sudani, announced in a press conference that the government will present the draft federal financial budget bill for 2023 to the House of Representatives soon. Al-Sudani had directed the Ministry of Finance to send the draft budget law for the year 2023 to the Ministerial Council for Economy as soon as possible to study it, and then send it 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, due to its importance.
{Politics: Al-Furat News} Kurdish parties revealed, on Thursday evening, the program for the delegation of the Kurdistan region’s visit to Baghdad and the date of its arrival.
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A member of the Kurdistan Democratic Party, Ali Al-Faili told Al-Furat News: “The Kurdish political delegation will come based on the agreements that were made between the Democratic Party and the parties to the state administration coalition, in the presence of Prime Minister Muhammad Shia Al-Sudani, and there are points identified according to timings and time ceilings to treat outstanding problems since previous governments.” . He pointed out that “the Kurdish delegation that visits Baghdad is a technical and not a political ornament, which includes the ministers of finance and natural resources in the Kurdistan region, the head of the Cabinet Office, the spokesman for the presidency of the region and the director of the office of the president of the region to discuss the outstanding issues in the energy and budget files.” Al-Faili explained, “The agreements that were made with Al-Sudani as part of the coalition of state administration, and there is a source of reassurance for his clear vision of all these problems and their treatment under the roof of the constitution,” adding that “addressing problems within specific time limits means that Iraq will get rid of major problems that are no less important than files. Water, energy, electricity and unemployment are related to a part of the Iraqi people.” He stressed “the importance of the commitment of the center and the region to the agreements, and there is an agreement to enact the oil and gas law within 6 months of forming the government.” Regarding the bags of reconstruction, housing and the environment, Al-Faili said: “Every party claims that it wants the bag, and we are going on points of eligibility, and the prime minister knows and he is the one who decides what remains of the ministries and the eligibility of any party.” For his part, the Second Deputy Speaker of Parliament Shakhwan Abdullah revealed the arrival of the Kurdistan Regional Government delegation to Baghdad next week.
{Political: Al Furat News} The Kurdistan Regional Government announced, on Thursday, that the agreement between the Iraqi political blocs that resulted in the formation of the current federal government headed by Prime Minister Muhammad Shiaa Al-Sudani provides for the legislation of three important laws, most notably the Oil and Gas Law, within a maximum period of 6 months. Months.
KRG spokesman Jotiar Adel said in a press conference held today, that the KRG had serious intentions to resolve the differences and outstanding issues with the federal government, especially during the ninth formation of the Kurdistan government, adding, “But we were unable to resolve these differences because of many The obstacles we encountered.
He stressed, “We are still serious about resolving these differences,” noting that “the regional government has formed a ministerial delegation to discuss with Baghdad, and we are waiting for a response so that the delegation can go and start negotiations.”
Adel also explained that “what will be discussed during this visit are the files agreed upon by the political forces before the formation of the government,” adding that “these files, some of them related to executive affairs and others related to legislative affairs.”
He continued by saying that among the most important of these files are the budget, the issue of oil and gas and Article 140 of the constitution, and that within the concluded political agreement, this constitutional article must be implemented through the activation of its own committee.
The head of the Kurdistan Regional Government’s representation in the Iraqi capital, Baghdad, stated that a delegation from the Kurdistan Regional Government will visit Baghdad next week.
The visit was scheduled, yesterday, Tuesday, before the head of the Cabinet of the Presidency of the Council of Ministers in the Kurdistan Regional Government, Omid Sabah, announced its postponement.
The head of the Kurdistan Regional Government’s representation in Baghdad, Faris Issa, said that the Kurdistan Regional Government delegation is scheduled to conduct a visit to Baghdad next week, noting that the program of the two governments includes this upcoming visit.
Explaining, the visit will address several issues, foremost of which is determining the Kurdistan Region’s share of the federal budget. Pointing out that the region’s share was 17% before it was reduced to 12%, while it is likely to be set in the 2023 budget at 14%.
According to information available to (Basnews), the government of Iraqi Prime Minister Muhammad Shia Al-Sudani is expected to prepare a draft budget for 2023 and submit it to the Iraqi parliament for approval, before the end of next week.
And the Chief of the Cabinet of the Presidency of the Council of Ministers in the Kurdistan Regional Government, Omid Sabah, had announced last Friday, a visit of a delegation from the regional government to Baghdad in the middle of this week to discuss several files, including the financial dues of the region and the draft federal financial budget and the file of oil and gas and the signing of a new agreement between Baghdad and Erbil .
He added, “The committees of the Iraqi political parties, including the two Kurdish Democratic Parties and the Patriotic Union of Kurdistan, have prepared a program and a political and governmental agreement, which was subsequently approved by the Iraqi parliament, and under the direction of the Prime Minister of the Kurdistan Regional Government, a ministerial delegation from the regional government will head to Baghdad next week to follow up on that agreement.”
Omid Sabah added, “The content of our visit to Baghdad is related to the issue of the budget and other financial dues,” adding, “According to the agreement, Baghdad must send the financial dues to the Kurdistan Region in November and December of this year, after which we will work together to prepare the draft federal budget law. Public, and a new agreement will be signed between Erbil and Baghdad for the next year.
On the 27th of last October, the Iraqi parliament granted confidence to the Sudanese government, which is composed of 21 ministers, and Al-Sudani promised, when his cabinet received the confidence of Parliament, to resolve the outstanding differences between Baghdad and Erbil.
{Economic: Al Furat News} An adviser to the Prime Minister revealed that the Prime Minister, Muhammad Shia Al-Sudani, is preparing to launch a “major reform project” for the Iraqi economy.
The Chief Adviser for Economic Affairs, Abdul-Hussein Al-Anbaki, said in a press statement that “Al-Sudani is carrying out a major reform project for the Iraqi economy as a first step for the executive authority.”
He added that “this project works to consolidate the large competitive market, protect vulnerable segments, support the local product significantly, conduct banking reform that enables the agency to have correspondent banks abroad, adopt international standards in the field of banking reform and reduce corruption by fighting it.”
And he indicated that “these things are added to the empowerment of the private sector and the improvement of the business environment,” expressing his hope “that economic activity outside the state will move forward.”
Prime Minister Muhammad Shia Al-Sudani is preparing to launch a project described as reformist for the Iraqi economy.
The Prime Minister’s Adviser for Economic Affairs, Abdul-Hussein Al-Anbaki, said in a statement reported by the official newspaper, “Al-Sudani is carrying out a major reform project for the Iraqi economy as a first step for the executive authority.”
Al-Anbaki added, “This project works to consolidate the large competitive market, protect vulnerable segments, greatly support the local product, and conduct banking reform that enables the agency to have correspondent banks abroad, and adopt international standards in the field of banking reform and reduce corruption.”
He pointed out that “the project also includes empowering the private sector and improving the business environment,” expressing his hope “that economic activity outside the state will move forward.”
{Economic: Al Furat News} The Governor of the Central Bank of Iraq, Mustafa Ghaleb, announced that the current dollar exchange rate in the country will “be established for years to come.”
“We do not intend in any way to prejudice the current exchange rate of the US dollar against the Iraqi dinar,” Makheif said in a press statement.
He added that “the current price will be fixed for many more years to come.”
Prime Minister Muhammad Shiaa al-Sudani said in a press conference on the first of this month that: “The decision to change the exchange rate in the past was not accompanied by protection measures for poor, medium and low-income orders, and this exacerbated the problem and its negative repercussions on citizens.”
But he stressed that “this government is committed to implementing laws, as well as to the law of the Central Bank, which authorizes this institution to formulate monetary policy, and the decisions and policies that the Central Bank deems necessary. We will maintain and support the independence of the Bank, as it is the only party concerned with the issue of the exchange rate.”
The Parliamentary Finance Committee estimates the budget for the year 2023 at a value of 135 billion, most of which is in the interest of investment and support for the private sector.
The Ministry of Finance announced, at the end of last month, the actual start of preparing the budget law for the year 2023, while indicating that there is no time limit for sending the budget law to the House of Representatives, but work to send it will be as soon as possible.
A member of the Parliamentary Finance Committee, Jamal Cougar, said, “The general financial budget for 2023 will be between 120 and 135 billion dollars.”
Cougar added, “The public financial budget consists of two parts. The first part, which is the operating budget, is related to salaries, retirement, the social protection network, and ministries’ expenses,” adding, “As for the second part, it is represented in the investment budget related to the amounts of new and strategic projects, in addition to private sector projects and job creation.” .
He pointed out that “the operational budget for the year 2023 was added to some amounts, as it reached 115 trillion, in contrast to the operating budget for the year 2021, which amounted at the time to 102 trillion.”
Cougar explained, “The authority of the Finance Committee relates to two issues, the first is to reduce the numbers if they are exaggerated, and the second issue is the transfer between the doors and it falls within the financial aspect.”
He pointed out, “Oil prices will not drop below $80,” noting that “the inclusion of appointments in the budget is not within the competence of Parliamentary Finance.”
In turn, a member of the House of Representatives, Mohsen Al-Saidi, suggested that “the federal financial budget bill for 2023 by the government will reach the House of Representatives at the end of this month.”
Al-Saidi added, “The House of Representatives is waiting for the government to complete the budget bill as soon as possible.”
The member of the House of Representatives indicated, “The speedy adoption of the budget law has become an urgent necessity, with the objectives included in the ministerial curriculum voted on by Parliament.”
Al-Saidi pointed out that “indications are that the government will speed up preparing the budget and sending it to Parliament at the end of this month,” stressing that “there are understandings between the political blocs on the necessity of passing the current year’s budget and not obstructing it.”
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