Bondlady’s Corner

Iraqi News Highlights Tuesday Afternoon 1-17-23

Tlm724 Administrator Bondlady’s Corner

Parliamentary Finance Explains The Reason For Not Approving The Budget By The Government

Tuesday, January 17, 2023 11:08 am   Baghdad / National News Center   A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, explained today, Tuesday, the reason why the budget has not yet been approved by the government.

A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, said in an interview with the official newspaper that “the government is obligated to present the draft budget as soon as possible,” noting that “there are previous political consensuses and the Kurds must reach an agreement with the federal government regarding the share of Kurdistan, which is scheduled to be be approximately 13%.

Al-Kazemi added, “It is necessary for there to be clarity about what the region exports from crude oil, in addition to the total imports of border crossings and airports, and for there to be transparent figures for the number of employees working in the regional government.”

And he believed that “in the event that an agreement is not reached, the government can resort to setting approximate numbers for the fairness of Kurdistan and the fairness of the oil-producing provinces throughout the country.” In addition, a member of the Finance Committee, Jamal Cougar, called, in an interview with the same newspaper, “the need to proceed with the budget while resolving any differences.”

The United States Of America Confirms Its Continuation In Providing Advice To The Iraqi Forces

Prime Minister Mohamed Shia Al-Sudani, White House Coordinator for Middle East and North Africa Affairs, Mr. Brett McGurk, received an envoy from US President Mr. Joseph Biden.

The meeting witnessed a discussion of the overall relations between Iraq and the United States, and ways to strengthen and develop them at various levels and fields, in a way that serves the interests of the Iraqi and American peoples.

The Prime Minister affirmed, according to a statement by his media office, the government’s direction to open horizons of cooperation with friendly and brotherly countries, in a way that secures the interests of the Iraqi people.

He also affirmed the ability of the security forces to confront terrorism and stabilize the stability achieved thanks to the great sacrifices made on the land of Iraq.

For his part, McGurk affirmed his country’s support for the success of the current government, and the continuation of the United States to provide advice to Iraqi forces in their fight against ISIS, reiterating the US administration’s commitment to the strategic framework agreement, and supporting the Iraqi government’s reforms in the field of energy and infrastructure and confronting climate change.

McGurk also conveyed, according to the statement, his country’s welcome to the outcomes of the Baghdad Conference / 2, and efforts to develop joint infrastructure projects between Iraq and its surroundings, and its welcome to the upcoming visit of Foreign Minister Mr. Fuad Hussein to Washington to hold meetings of the Higher Coordinating Committee of the Strategic Framework Agreement between the two countries.

Oil Prices Rose In Early Trading

Tuesday, January 17, 2023 Follow-up / National News Center  Oil prices fluctuated in early trading today, Tuesday, as recession fears dominated the headlines at the World Economic Forum meeting in Davos, but the prospects for a recovery in fuel demand in the largest oil importer. China limit decline.

Brent crude futures rose 17 cents, or 0.20 percent, to $84.63 at 04:14 GMT, while US West Texas Intermediate crude futures fell 57 cents, or to $79.26.

In a bearish poll released at the Davos summit, two-thirds of the private and public sector economists surveyed predicted a global recession this year, with around 18% believing it to be “very likely”.

“Brent crude has risen about 10% over the past 10 days as optimism about China’s reopening boosted sentiment. However, the outlook for the rest of the global economy is uncertain,” energy analysts said.

Integrity and the Federal Court stress the importance of preserving public money and the rule of the constitution and law

Tuesday 17 January 2023 15:11 | political Number of readings: 226  Baghdad / NINA / – The heads of the Federal Integrity Commission, Judge Haider Hanoun, and the Federal Supreme Court, Judge Jassim Muhammad Abboud, affirmed the preservation of public money and the rule of the constitution and the law.

The President of the Federal Supreme Court said during the meeting at the headquarters of the Integrity Commission: “The duty of the independent bodies is to work on the rule of law and protect the wealth of the people and national unity,” noting that “the people desire a unified Iraq in which the spirit of the constitution and the law prevails,” pointing out that “Iraq has human energies and economic wealth, and he is able to advance and build strong and solid institutions that will take the country to the track of reconstruction and development.”

Jassim Muhammad Abboud emphasized the purification of state institutions from the filth of the scourge of corruption and its filth, calling for the selection of administrative leaders in various state institutions according to specifications of professionalism, sincerity and high patriotic spirit, and a sense of the size and burdens of great national responsibility while carrying out this task on which the people and the country depend on restoring confidence. the public in state institutions.

He stressed the need for organized work and coordination between the oversight bodies. In order to reap the fruits of these strenuous efforts, explaining that corruption is of two types, great corruption and small corruption, pointing out that petty corruption greatly affected the citizen’s confidence in the public employee after he provides a public service, while major corruption he described as a very great danger, and fighting it needs to be Political, economic and social strategies, as it contributed significantly to obstructing state building and hindered investment and reconstruction processes.

For his part, the President of the Commission stressed the importance of the Federal Supreme Court and the roles it plays in preserving the democratic system by monitoring the constitutionality of laws and regulations in force, interpreting the provisions of the Constitution, and adjudicating cases that arise from the application of federal laws, praising the role of the judiciary under whose supervision the Commission’s investigators work, and the cooperation And the great coordination with the commission, stressing that the continuation of this cooperation and coordination is sufficient to raise the levels of combating corruption.

The head of the commission explained: “The political atmosphere and the formation of the new government are appropriate to start real steps to combat corruption, especially since the government’s approach has made combating corruption and stopping the waste of public money one of its priorities by building effective tools to combat it and put an end to it,

pointing out that the commission is working to educate the people The seriousness of this scourge and the need for everyone to unite in confronting it and prosecuting its perpetrators, reiterating his assertion that the commission’s work is in accordance with the laws in force, with great care and precaution in dealing with the accused during their investigation and respect for human rights.

The Association Of Banks And Our Banks Will Not Be Subject To Blackmail

Sameer Al-Nusairi   We are accustomed, and the Iraqi viewer and reader is accustomed, from time to time, to some of the media, whose orientations and objectives are well-known, with a clear intent to offend the national economic institutions, our private banks, and the national personalities active in supporting and attributing the national economy through their responsibility in non-governmental and non-profit economic organizations such as the Association of Private Banks Al-Iraqiya,

to which he belongs according to its bylaws and certificate of incorporation issued several years ago by the Non-Governmental Organizations Department in the Council of Ministers and through its membership in the Board of Directors of the Union of Arab Banks and the International Union of Arab Bankers.

It has many books of thanks, evaluation and appreciation from a large number of Arab and international organizations, namely The most active at the level of leading services and efforts provided by private banks in activating the implementation and achieving the goals of the Central Bank’s lending initiatives,

which are implemented through banks, and which contributed to the employment of 60 thousand unemployed, and that the role of the association is to encourage and motivate banks and provide assistance to citizens in guiding them to obtain loans to develop their small, medium and housing projects without charge because it is a non-profit voluntary organization.

The same applies to the Tamkeen Fund, which is financially managed by the Central Bank of Iraq by donating its capital and money from banks, which provides its rehabilitation services.

And cultural and humanitarian to citizens and institutions of the state and society and that the work team of the Association is a voluntary team of young people and experts, which has clear success experiences and works with competent Iraqi national cadres.

Unfortunately, the exploitation of media democracy and the space for freedom of opinion and the other opinion allowed the media to be free, non-competent and driven by special interests inside and outside Iraq.

What they say and disclose is paid for, and they always hunt in troubled water and target our national economy and its institutions that have made clear achievements during the crises that Iraq went through after mid-2014. And it continues to step forward in serving the community and has contributed to achieving economic steadfastness and supported our national economy.

We have been occupied with the headlines of these trumpets, their press and media reports, and their programs aimed at targeting the Central Bank, the banking sector, and the Association of Banks on repetitive and consuming topics, and that the aim of their criticisms and accusations from time to time is personal slander and public blackmail. Coverage of accomplishments.

Although I respect the other opinion issued by non-specialists or those who specialize in economics and monetary policy in particular, but I may disagree with the opinion that tries to dwarf, minimize and personalize the achievements made by the Central Bank, banks and the Association of Banks in facing the economic and financial crisis during the past years, which is the most difficult stage it went through Iraq .

Therefore, I invite them to look, even for once, at preserving the reputation of the Iraqi economy and its national institutions in front of the countries of the world, because it is illogical for us to allow abuse of our economic institutions and the national private sector without evidence and official documents proving that and through unreal and Hollywood-fabricated data and information.

In conclusion, I invite them to leave the successful economic institutions working with great energy and redoubled efforts for the sake of Iraq, because the institutions, organizations, and the national and real private sector will never submit to blackmail, and that the only and proper way is to always agree to serve Iraq and its patient and proud people.  Views 105  Added 01/17/2023 – 12:22 PM Updated 01/17/2023 – 5:52 PM

Iraq Market.. The Dollar Rises To 159,500 Dinars

Economie| 09:42 – 01/17/2023   Baghdad – Mawazine News   Today, Tuesday, the exchange rates of the dollar witnessed an increase in the local markets.  Selling price: 159,500 dinars per 100 dollars  Buying price: 159,200 dinars per 100 dollars


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