BondLady’s Corner

TLM724 Administrator BondLady’s Corner

President Of The Republic: Iraq Is Going Through A Defining National Moment

The President of the Republic, Barham Salih, stressed today, Wednesday, that Iraq is going through a watershed stage and needs comprehensive reform.

In his speech on the occasion of Ashura, Salih said, “Iraq is going through a watershed phase and a national defining moment, with urgent challenges that are not without serious challenges, ending corruption and consolidating the authority of the state with full sovereignty.”

He added, “We must appeal to the will of the people through the elections, and we must not underestimate the magnitude of the challenges surrounding the electoral process, and we must deal with the concerns around them seriously through a national dialogue to reassure Iraqis and close the gaps in the electoral process.”

He stressed the need, “that the elections be a peaceful path for change and reform and to get the country out of its accumulated crises, and this will not be achieved without the free will of the Iraqis away from all values, interference or manipulation, as the people are the source of authority and the basis of governance.” https://www.radionawa.com/all-detail.aspx?jimare=25627

Federal Service: A New Procedure For Counting The Number Of Employees In State Institutions

Money  and business  Economy News _ Baghdad   Chairman of the Federal Service Council Mahmoud Al-Tamimi revealed, on Thursday, a new procedure for counting the number of employees in state institutions.

Al-Tamimi said in an interview with the Iraqi News Agency, and followed by “Al-Iqtisad News”, that “the council has not yet been provided with data on the employees in detail and in detail, in order to establish a database.”

He added that “the council is demanding and following up the issue with the ministries,” explaining that “this issue is complex and not easy.”

Al-Tamimi continued, “Through the biometric identity stipulated in the budget law, and upon completing the procedures and disbursing these identities to public sector employees, we will have the exact numbers and detail in terms of gender, male and female, academic achievement and occupational competence.” Views 27 Date Added 08/19/2021   https://economy-news.net/content.php?id=26044

The Minister Of Labor Sets The Date For Launching The Unemployed Loans In All Governorates

Money  and business   Economy News _ Baghdad    The Minister of Labor and Social Affairs, Adel Al-Rikabi, set the date for launching the new batch of unemployed loans for all governorates, while indicating that the Disability Authority Law includes many important features.

Al-Rikabi said in an interview with the Iraqi News Agency and followed by “Al-Iqtisad News”, that “a new batch of loans for the unemployed will be launched for all governorates at the beginning of next September, indicating that these loans will be for small income-generating projects.”

He explained that “these payments are released every 3 months, and we had sums on the poverty alleviation strategy program supported by the Ministry of Finance and Planning, but the amounts are few and were launched earlier,” noting that “the Small Income-Generating Projects Fund does not include sufficient cash balances to launch large numbers.” of loans.”

In another context, the Minister of Labor stated that “the Law of the Disability and Special Needs Authority was approved at the end of last July by the Council of Ministers and was voted on, discussed and sent to Parliament.”

He added that “the law has many important features, which is the increase in the salary of the full-time appointee from 170 thousand dinars to 260 thousand dinars within the eighth to tenth degree.”

Views 23 Date Added 08/19/2021   https://economy-news.net/content.php?id=26045

Iraq Achieves The Highest Production Rate For Its National System

Economie| 01:03 – 19/08/2021   Baghdad – Mawazine News   The Ministry of Electricity announced, on Thursday, the highest production rate for the national system.

A statement by the ministry, a copy of which was received by Mawazine News, stated that “the Ministry of Electricity achieved yesterday, Wednesday, the eighteenth of August, 2021, a production rate of (21,145) megawatts, which is the highest production rate reached by the national electrical system.”

The statement added, “This achievement came amid the intense ministerial effort, especially after Prime Minister Mustafa Al-Kazemi’s visit to the Ministry of Electricity in July of this year, and his direct care, and his emphasis on the importance of advancing the electricity sector through qualitative leaps at the level of electrical projects and the development of performance solutions instead.” temporary prosthetic solutions.

He continued, “The ministry will not stand on the threshold of the current stage, but the future will witness the application of the ministry’s message and visions in developing the electricity industry in Iraq through the expansion of power lines and the rehabilitation of distribution networks.”

He stressed, “to proceed with projects of renewable energies and electrical interconnection, and to introduce the combined cycle of all our stations, according to extensive strategies to achieve economic and development returns.”

The statement pointed out that “the ministry is determined to complete its path through its soldiers with all competencies in raising the level of production of the national system and protecting it from the hands of terrorism, and sacrificing all its resources and capabilities to achieve the welfare of the citizen.” Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=164414

Dollar Exchange Rates In Local Markets

Market   Economy News _ Baghdad  “Economy News” publishes the exchange rates of the dollar against the Iraqi dinar in the Iraqi local markets for Thursday.

As the price of the dollar in Erbil witnessed stability, as the selling price amounted to 148000 dinars per 100 US dollars, and purchases at 147,500 dinars per 100 dollars.

The Central Kifah and Al-Harithiya Stock Exchange in Baghdad was closed today as a result of the holiday announced by the government for the tenth of Muharram.

Views 25 Date Added 08/19/2021   https://economy-news.net/content.php?id=26047

Minister Of Oil: We Have Developed Plans To Provide An Appropriate Investment Environment For International Companies

Economie| 01:12 – 19/08/2021   Baghdad – Mawazine News   The Iraqi Oil Minister, Ihsan Abdul-Jabbar, confirmed that his ministry has set in its plans to provide an appropriate investment environment for international companies to work in the oil and gas sector in Iraq.

On the sidelines of his participation in a video meeting with the American Chamber of Commerce in Houston, he said, “The ministry has set in its plans and priorities to provide the appropriate investment environment for international companies wishing to work in Iraq, especially in the gas, clean and renewable energy sectors, infrastructure development and improving the environment.”

Abdul-Jabbar pointed out that “the government and the ministry are keen to develop the oil and gas sector and increase the volume of investments in clean and renewable energy projects in cooperation with specialized international companies.” Ended 29/A43   https://www.mawazin.net/Details.aspx?jimare=164416

Oil Prices Continue Their Losses For The Sixth Day

Thursday 19 August 2021 10:27 | Economic Number of readings: 389   Baghdad / NINA / – Crude oil prices continued their losses for the sixth day, today, Thursday, to hover near their lowest levels in 3 months, affected by growing concerns about slowing demand for fuel amid a rise in Corona virus cases around the world, and high gasoline stocks in the United States .

Brent crude was down 85 cents, or 1.3 percent, at $67.38 a barrel by 05:10 GMT, after falling 1.2 percent on Wednesday. US West Intermediate crude lost 93 cents, or 1.4 percent, to $64.53 a barrel, after falling 1.7 percent in the previous session.

Both benchmark indices have lost more than 5% over the past six sessions, and traded near their lowest level since May 24 in the previous session.

The slide continued as investors remained concerned about an increase in infections caused by the delta-type coronavirus worldwide./End7   https://ninanews.com/Website/News/Details?key=922251

Alia Nassif Responds To Baqir Jabr Al-Zubaidi’s Statements Regarding The Cancellation Of The Economic Committee

Posted On 2021-08-18 By Sotaliraq    MP Alia Nassif criticized the statements of politician Baqir Jabr Al-Zubaidi, in which he claimed to abolish the economic committee in the prime minister’s office by order of former Prime Minister Nuri Al-Maliki, stressing that this committee remains to this day, and that Al-Maliki’s attempts to cancel some of the committees he talks about were due to their role in looting money. general.

And she said in a statement today: “The statements of Mr. Al-Zubaidi, via Al-Ghadeer channel, in which he claimed that the Economic Committee was canceled by order of Mr. Al-Maliki, are unfounded. The Committee still exists and its members are present, and the Iraqi street is not naive to believe these allegations.”

Nassif indicated that: “When a certain person takes over several ministries in several successive governments until he is called (Sit al-Bayt), he becomes an undesirable figure by the public and bears the bulk of any government failure because he is a repeated face in all ministerial formations, so that people forget what Is it his specialty? Is he a security commander to become the Minister of the Interior? Or is he an economist to become Minister of Finance? Or is he an architect to become a housing minister? .

And she continued: “But if we come to reality, the committees that he talks about were the source of contracts, and the ministers take the immunity of their ministries’ contracts by an exceptional decision from the Ministerial Contracts Committee, and the role of the committee was to pass contracts that exceed the minister’s authority, and everyone knows that Iraq’s money was and continues to be looted through the economic committees.

Which still remains to this day, and we talk to history and we record it that you did not allow Mr. Al-Maliki to cancel the gateway to the economics of looting and theft, and therefore it was better for the owner of the three ministries to stay away from the method of escaping forward.”   LINK