Shafaq News/ The President of Kurdistan Region, Nechirvan Barzani, discussed, on Tuesday, the political and security issue, with the Secretary General of Asa’ib Ahl al-Haq, Qais Khazali.
A statement of the region’s presidency received by Shafaq News agency stated that, in continuation of his meetings and meetings in Baghdad, the President of Kurdistan Region, Nechirvan Barzani, met with the head of Asa’ib Ahl al-Haq Qais Khazali, and discussed with him the latest developments in the political and security situation in Iraq, and exchanged views with him on the obstacles that hinder the government’s work and the war against terrorism.
The statement added that the two sides stressed the necessity and importance of supporting the new Iraqi government and its president, Muhammad Shia’ al-Sudani, in order to implement its work program, as well as joint work and cooperation between the Iraqi parties and components in order to protect security and political and security stability and respond to the citizens’ demands to achieve a better life and provide job opportunities and services.
The statement indicated that the repeated violations of Iraqi sovereignty, the targeting and bombing of the Kurdistan Region, and the latest developments in the region in general were other axes in the meeting.
Earth News / A government source said that Prime Minister Muhammad Shia Al-Sudani will visit Kuwait today, Wednesday, to discuss a number of files of common issues.
The source told Earth News Agency, “Prime Minister Muhammad Shiaa al-Sudani will visit Kuwait today, Wednesday, to discuss a number of economic and investment files, energy files, security issues, borders, and others.”
Earth News / A government source said that Prime Minister Muhammad Shia Al-Sudani will visit Kuwait today, Wednesday, to discuss a number of files of common issues.
The source told Earth News Agency, “Prime Minister Muhammad Shiaa al-Sudani will visit Kuwait today, Wednesday, to discuss a number of economic and investment files, energy files, security issues, borders, and others.”
{Politics: Al Furat News} A member of the Kurdistan Democratic Party explained the reasons for the visit of the President of the Kurdistan Region, Nechirvan Barzani, to Baghdad.
Ali Al-Faili told Al-Furat News that: “Barzani’s visit to Baghdad comes after the election of the President of the Republic and the formation of the government to follow up on the agreements that took place and led to the formation of the State Administration and Government coalition.” He returned to it, “the first visit of a Kurdish official at this level.” He added, “There is great optimism, but it is conditional on caution in reaching agreements and a clear and good vision for resolving the files of the dispute between Baghdad and Erbil, and the foundation of the constitution is the ruling between the two parties.” Al-Faili continued, “Among the agreement that led to the Democratic entry into the state administration coalition are many points, one of which is the region’s share of the federal budget and the return to the 2021 budget, and the participation of a delegation from the region in preparing and drafting the law so that the region’s share is not decided far from the reality, and the number ranges between 12.67 or more.” . He noted that “ Al-Faili concluded his statement by saying, “The authorities of the region are part of the authorities of the center, and many of the wanted have been handed over to the federal government, and there is great cooperation between the security services in the region and the center.”
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, received today, Tuesday, the Ambassador of the United States of America to Iraq, Ms. Alina Romanowski. During the meeting, they discussed aspects of bilateral cooperation, development of work in the Iraqi banking sector, and application of international standards to combat money laundering and terrorist financing. His Excellency said that the Central Bank of Iraq pays great attention to developing the banking sector in the country and keeping pace with the developments it is witnessing globally, indicating that we have strengthened our external relations with banks of countries of the world to serve the interest of Iraq. He added, that the Central Bank of Iraq faced the economic challenges that the country witnessed by launching a package of measures that contributed to moving the wheel of the Iraqi economy, indicating that our development initiatives that targeted vital and effective sectors in Iraqi society revived the economy and provided many job opportunities for different segments. In turn, Her Excellency the Ambassador praised the procedures of the Central Bank of Iraq and its cooperation with international bodies and concerned organizations and the modern methods and methods used in its work in terms of electronic technologies as well as keeping pace with the global development in the banking sector. The meeting was attended by the President of the Iraqi Trade Bank.
The Central Bank of Iraq, Media Office, November 22, 2022
Shafaq News/ The President of the Kurdistan Region, Mr. Nechirvan Barzani, discussed this Tuesday afternoon, in Baghdad, with the leader of the State of Law Coalition, Mr. Nuri al-Maliki, “shared responsibility” and resolving disputes between the region and the federal government.
A statement by the Presidency of the Kurdistan Region, received by Shafaq News Agency, stated; The two sides stressed during their meeting the need for all parties and political forces to unite and stand together to support the new federal government in implementing its ministerial platform, which would be in the interest of all Iraqi parties and components by finding solutions to the economic and service problems that Iraq suffers from, especially since all the people of Iraq The Kurdistan Region expects a lot from the new Iraqi federal government.
The statement added; The two sides stressed the focus on joint responsibility and resolving the Erbil-Baghdad disputes and working to solve the outstanding problems between them through dialogue and the adoption of the constitution. Another aspect of the meeting was occupied, in which the visions of the two sides agreed on the need for joint action to resolve these differences and problems, which would enhance the security and stability of Iraq. From all aspects.
The statement added that the president of the region and the head of the State of Law coalition stressed the sovereignty of Iraqi lands and the need to protect and adhere to them. This represented an aspect of the meeting, in which they discussed the importance of joint cooperation between all Iraqi forces, parties and components in this field.
The President of the Kurdistan Region, Nechirvan Barzani, is visiting Baghdad to discuss many outstanding issues between Erbil and Baghdad and to find solutions in accordance with the constitution for these common files.
Baghdad – Mawazine News , Prime Minister Muhammad Shia Al-Sudani will visit the State of Kuwait tomorrow, Wednesday. A government source said in an interview with Mawazine News, “Al-Sudani’s visit to Kuwait will be short, like his visit to Jordan yesterday.” He added, “The Prime Minister will meet during the visit with the Emir of Kuwait, Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, and the Kuwaiti leadership, to discuss several files, including energy and economic exchange.” Ended 29 / H
Baghdad / Obelisk: The Prime Minister, Muhammad Shia’ al-Sudani, received on Tuesday, November 22, 2022, the President of the Kurdistan Region of Iraq, Mr. Nechirvan Barzani.
Obelisk publishes the text of the statement:
The Prime Minister, Mr. Muhammad Shia’ Al-Sudani, received, this morning, Tuesday, the President of the Kurdistan Region of Iraq, Mr. Nechirvan Barzani, and his accompanying delegation.
At the outset of the meeting, the Prime Minister expressed his appreciation for the importance of unity of positions at the national level, and the need for solidarity and coordination, to face the economic, subsistence and service challenges required by the task of securing a decent life for all citizens throughout Iraq.
His Excellency affirmed the federal government’s commitment to the Iraqi constitution to deal with outstanding issues, with the Kurdistan Regional Government of Iraq, in a way that guarantees the rights of all components.
For his part, Mr. Nechirvan Barzani congratulated the Prime Minister on the occasion of his government gaining confidence, expressing his optimism about the ability of the new government to move the country to a different stage, in which the language of understandings and solutions prevails.
The meeting also witnessed discussions on the security file in the Iraqi border areas, where emphasis was placed on cooperation to preserve Iraq’s sovereignty, reject repeated violations, and work to prevent the use of Iraqi lands as a starting point for attacking any of the neighboring countries.
Baghdad – Mawazine News The President of the Supreme Judicial Council, Judge Faeq Zaidan, and the President of the Kurdistan Region, Nechirvan Barzani, stressed, on Tuesday, the importance of cooperation between the authorities and political forces.
The Supreme Judicial Council stated in a statement it received, “The President of the Supreme Judicial Council, Faiq Zaidan, received today the President of the Kurdistan Region, Nechirvan Barzani, and discussed with him mechanisms to support the judiciary and provide all requirements for the success of the work of the courts in the center and the region.”
The statement added, “The meeting emphasized the importance of solidarity and joint cooperation between the Iraqi authorities, political forces, and components to face the challenges in the country and cross it to safety.”
For his part, Barzani stressed “the importance of the role of the judiciary in managing and stabilizing the country,” praising “the effective role of the President of the Supreme Judicial Council in particular.” Ended 29/N33
A new report of the Iraq Economic Observatory of the World Bank stated that the Iraqi economy is currently witnessing a recovery due to the increase in production accompanied by the rise in oil prices, indicating at the same time that while Iraq is considered among the countries in the world most dependent on oil in its economy, it is without radical structural reforms and diversification of the sources of the economy This leaves him vulnerable to the consequences of fluctuating crude prices in the global market.
The report stated that after the economic growth rate in Iraq expanded during the year 2021 by 2.8%, the annual GDP growth of the country increased during the first half of 2022 to 10.5%. Higher oil revenues resulting from the increase in export quantities and prices have strengthened the country’s financial position. in a big way.
Despite several reform initiatives in the country, Iraq is still one of the most dependent countries on oil in the world. High dependence on oil coupled with mismanagement leaves Iraq vulnerable to fluctuating oil prices, and although oil is the source of most of the government’s resources, the oil sector occupies only 1% of the labor force in Iraq. The public sector is the largest official place of employment, accounting for 37.9 percent of the country’s workforce. As for the private sector, it is still a poor, informal sector that is stunted from growth. The report confirms that the legacy of conflicts, political instability, and poor management of state institutions has increased the decline in investment in this sector and hampered its growth.
The report indicates that the new government’s assumption of its duties in October 2022 represents a new opportunity to implement reforms in order to diversify the sources of the economy, taking advantage of the good financial situation that it now enjoys to achieve a sustainable growth path that is able to withstand the shocks of fluctuating oil prices and the growing challenges of climate change crises in the country. . Preserving part of the oil revenues to face any decline in economic activity is crucial to achieving sustainable growth, and laxity in the economic reform process during this period would deepen the structural economic challenges.
The report states that the absence of approving the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment projects. In addition, with a weak business environment, inefficiency in public sector investment, mismanagement, corruption, and lack of adequate infrastructure, all these factors constitute major obstacles to attracting foreign investment, despite some progress in recent years.
The white reform paper prepared by the previous government had included measures to improve the public investment network and redefine the public investment management system based on the best international experiences in this field, but so far these plans have not been fully implemented.
With regard to the consequences of climate change, the report indicated that Iraq is exposed to direct and indirect effects of this issue, as the increase in water scarcity and the decrease in agricultural crops are problems that affect the rate of economic growth and increase the risks of food security, and that this has an additional impact on the socio-economic challenges for the people of the country.
The report calls for the adoption of effective measures to cope with climate change, focusing on better ways of using the water allocated to agriculture for the purpose of its sustainability, which contributes to the continuity of economic income for farmers and the provision of job opportunities while maintaining food security at the same time. To achieve this, there are three main points; It is improving the infrastructure, enhancing innovation and developing administrative work.
These challenges are getting more severe as the country remains completely dependent in its economy on oil only, which leaves that country vulnerable to new economic risks amid the world’s trend towards non-carbon alternative energy, whereby oil loses its role at this stage as a source of imports with the decline in demand for it.
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