Bond Lady’s Corner Iraqi News Sunday AM/PM 5-23-21


Iraqi News Sunday AM 5-23-21

TLM724 Administrator Bond Lady’s Corner

Parliament Prepares To Resume Its Sessions And The Agenda Includes Interrogations And A General Amnesty Law

Posted On 2021-05-23 By Sotaliraq  It is hoped that the House of Representatives will resume its sessions in the coming days to discuss a number of important issues and laws, foremost among which is the amendment of the general amnesty law, the interrogation file, and the replacement of a number of ministers in Mustafa Al-Kazemi’s government.

Mukhtar al-Mousawi, a deputy from the Al-Fateh parliamentary bloc, said in a statement to (Al-Mada) that “the Presidency of the House of Representatives is the one who obstructs the resumption of the sessions after a long interruption with flimsy and many pretexts at the forefront of the Kurna pandemic crisis,” adding that “the Presidency of Parliament does not care about the problems and challenges it is going through. the Iraqian people”.

And he warns that “one of the most prominent real points that impede the holding of parliamentary sessions is the preoccupation of more than 90% of the deputies with early electoral propaganda.”

The House of Representatives, after approving the federal budget law at the end of last March, was unable to hold only one session.

Al-Mousawi expects that “a group of deputies will submit a request to the Presidency of the Parliament during the coming period in order to resume the parliament’s work after a long hiatus,” indicating that “there are many issues that need to be discussed, including the resignation of the Minister of Health, interrogations of government officials, the Palestinian issue and the repercussions of the confrontation with Israel.” “.


A member of the Al-Fateh Alliance points out that “among the agenda of the sessions in the event of her return is to host the Prime Minister and the Minister of Foreign Affairs to discuss with them the internal and external problems and events before the early parliamentary elections scheduled for next October.”

For his part, Mirz Hammadi al-Sultan, head of the Parliamentary Reconciliation and Tribal Committee, confirms that “the House of Representatives postponed holding its scheduled session on the twentieth of this May due to the failure of its representatives to have a vacation for the previous legislative term.”

The Sultan added in a statement to (Al-Mada) that “the Presidency of the Council will begin holding sessions during the coming days to discuss a number of issues, challenges and laws,” noting that “one of the most prominent laws that will be presented for discussion in the first session is the amendment of the general amnesty law.”

(Al-Mada) revealed last April that “the government anti-corruption committee is preparing to issue a new list of arrest warrants against more than sixteen individuals accused of financial and administrative corruption operations, including eight current deputies.” It owns shell banks and companies.

He adds that “the Parliamentary Legal Committee completed the amendment of some paragraphs of the General Amnesty Law in September of the year 2020 and sent it to the Presidency of the Council, which will soon present it for discussion within the Council in order to legislate it in the coming periods.”

The Parliamentary Legal Committee revealed last week that two drafts were prepared to legislate a general amnesty law for some of those convicted. The first version includes the issuance of an amnesty that excludes those convicted of financial and administrative corruption, drugs and incest, as well as other criminal cases.

She added that “the second formula stipulated the payment of a cash allowance for the convicted, as the currently convicted person or those who will be adjudicated in the future are given the choice between serving the period of detention or paying a cash allowance for each day, month or year of their sentence, with the exception of criminal offenses from this pardon.”


And the deputy from the Iraqi Forces Union continues that “among the articles that the House of Representatives intends to amend is Article (261) of the Penal Code,” believing that “the interrogation files and the dismissal of some ministers will be activated soon after the resumption of the sessions.”

Last month, the Presidency decided to completely close a large number of the Council’s departments and offices as a result of the outbreak of the Corona virus and the rise of the infection index to more than a hundred cases in the Council.

He adds that “there are many injuries among the employees and members of the House of Representatives that have confused the holding of the sessions and their regularity in the past periods,” stressing that “the House of Representatives recorded a number of deaths of its deputies and even its employees.”  LINK

Integrity Announces The Issuance Of An Arrest Warrant Against The Former Director General Of The Nineveh Governorate Investment Authority

Author: AhadNA3 On 5/23/2021 – 10:27 AM 84  Today, Sunday, the Federal Integrity Commission announced the issuance of a summoning order against a member of the Council of Representatives for the previous electoral sessions, while it indicated the issuance of an arrest warrant and an investigation against the former Director General of the Nineveh Governorate Investment Commission.

The commission said in a statement that “Al Ahed News” received, a copy of it, that “the investigation department of the commission, and in the course of talking about the details of the two cases that the commission investigated and referred to the judiciary, reported that a judge of the Nineveh Investigation Court, which is concerned with issues of integrity, issued a summon order against a member of the House of Representatives. For the second electoral cycle; Based on the provisions of Article (340) of the Penal Code regarding the accusation of receiving the salaries of protection employees, despite the fact that they were missing during the terrorist occupation of Mosul.

The statement added, “The judge of the Nineveh Investigation Court, which is specialized in issues of integrity, decided in another case to issue an arrest warrant and investigate the accused, the former director general of the Nineveh Investment Authority. In accordance with the provisions of Article 341 of the Penal Code, against the background of the lease of the plot of land belonging to the Directorate of the Municipality of Mosul and located on the left coast of the city and built on it (a commercial complex), noting that it was rented at a low price and for a long period by the accused Being one of the members of the committee that assessed the property’s value in cooperation with other employees.

The commission had announced that the judicial authorities had issued (58) arrest warrants against officials during the month of March, including two members of Parliament (current and former) and a former minister, indicating that the orders came against the background of cases and files that the commission investigated and referred them to the judiciary.

Parliamentary Committee For / NINA /: The Social Security Law Will Allocate Pension Salaries For Private Sector Workers

Sunday 23, May 2021 17:30 | Economical Views: 169  Baghdad / NINA / The Parliamentary Committee to Monitor the Implementation of the Governmental Program and the Parliamentary Strategic Planning assured the workers of the possibility of enacting the Social Security and Worker Retirement Law during the sessions of the current legislative term of the Council of Representatives.


Deputy Chairman of the Committee, Muhammad Al-Baldawi, stated in a statement to the Iraqi National News Agency / NINA / that “the Social Security Law will allocate pensions for this segment through the Security Department at the Ministry of Labor,” indicating that “Parliament will proceed with the second reading of the articles of the Social Security Law and workers’ retirement within The next sessions. “

He added that “the new law will be broader and comprehensive than the previous law, as it will grant any profession from the private sector a pension,” indicating that “employers, after the passage of this law, pay monthly retirement pensions in the Ministry of Labor, as well as taking into account the educational qualification of the worker before it is calculated.” Rent “.

He went on to say, “This law defines a health insurance in the event that the worker is exposed to a specific accident, and whoever pays pension contributions at the Ministry of Labor will be covered by the pension within certain controls.”

He explained that “private professions (a car driver, barber or worker) are entitled to a pension based on specific regulations and instructions once the law is passed.”

On April 19, the House of Representatives postponed the second reading of the Social Security and Workers’ Retirement Bill due to the lack of a quorum. / End 5

A Governmental And Parliamentary Struggle Over The 2021 Budget

Reports  Economy News – Baghdad  The government launched a major attack on the Parliamentary Finance Committee, after it made a major change in the 2021 budget bill, which included amending more than 40 articles, without consulting with the competent authorities.

Most of the members of the Parliamentary Finance Committee appeared during the voting period on the 2021 budget bill, rejoicing at reducing the size of the budget from 164 trillion dinars to 127 trillion dinars.

Minister of Labor and Social Affairs, Adel Al-Rikabi, on more than one occasion, criticized the Finance Committee, saying, “The government is fair to the Ministry of Labor after it allocated five trillion and 600 billion dinars within the federal budget for the current year to include 400-500 thousand new beneficiaries as well as raising the ceiling Aid, but the Finance Committee in the House of Representatives did not do justice to the ministry after it transferred two trillion and one hundred billion dinars of the total sums allocated to other sections of the budget, including the trillion and 600 billion of social protection allocations only, which greatly harmed the ministry’s programs and plans for the next phase.


He added, “The government has challenged many budget paragraphs, including the sums allocated for social protection and listed in Table (B), which included reducing most ministries’ budgets, and we are awaiting judicial procedures to resolve this issue, and we have no choice but to follow legal methods.

On the other hand, an informed government source told Al-Iqtisad News that the government lodged an appeal with 40 articles from the 2021 budget after it was approved by Parliament, indicating that the appeals to these articles are due to the changes of the Finance Committee far from the government’s direction.

He noted that the Finance Committee invested this issue politically, but the issue will remain with the Federal Court.

Meanwhile, the committee’s rapporteur, Ahmad al-Saffar, said, “The Parliamentary Finance Committee worked throughout the previous period with exceptional effort and took 560 hours of work (23 days and approximately three hours) to amend the draft General Budget Law for 2021, given that it contained large sums in some of its inconsistent needs. With the financial, economic and health crisis in the country, “noting that” the committee hosted during the coming period 320 officials responsible for the spending unit in the budget law. ”   Number of observations 277 Date of addendum 05/23/2021

Iraq Is Ranked 80th In The World And Seventh In The Arab World Among The Poorest Countries In 2021

Money  and business  Economy News _ Baghdad  Iraq was ranked 80th in the world and seventh in the Arab world in the poorest countries during the year 2021, according to the “Global Finance” magazine specialized in classifying the countries of the world.

The magazine stated in a report for the year 2021 seen by “Al-Eqtisad News”, that “Iraq ranked 80th out of the 194 countries listed in the table in terms of per capita gross domestic product, ahead 30 places towards poverty compared to the year 2020 in which it was ranked 110th.” “.

She stated, “Burundi ranked first in the world’s poorest countries, followed by South Sudan second, while Somalia ranked third, and then the Central African Republic came fourth, and Malawi, the Republic of the Congo, Niger, Mozambique, Liberia and Madagascar ranked fifth, sixth, seventh, eighth, ninth and tenth respectively, while Luxembourg was ranked first. Singapore and Ireland respectively. “

In the Arab world, the poorest Arab countries came first, Somalia ranked first, followed by Eritrea second, then Yemen third, Sudan fourth, then Libya fifth, Morocco sixth, Iraq seventh, Jordan came eighth, Lebanon ninth and Egypt ranked tenth.


She pointed out that “the extent of poverty or wealth of a particular nation compared to another nation was measured on the basis of per capita gross domestic product by compensating for the differences in the cost of living and inflation rates.”

The magazine noted that “the world possesses sufficient wealth and resources to ensure that the entire human race enjoys a basic standard of living. Nevertheless, people in countries such as Burundi, South Sudan and Somalia – the poorest in the world – still live in extreme poverty.”

She stated, “It is difficult to define a single cause for long-term poverty, as dictatorial and corrupt governments can transform what could be a very rich nation into a poor country, as well as with the history of exploitative colonialism, weak rule of law, war, social unrest and harsh climatic conditions.”

She indicated that “deprived families around the world suffered from the worst social and economic consequences of the coronavirus epidemic, less than a year ago, as the International Monetary Fund warned that” the proportion of the world’s population living in extreme poverty – that is, less than 1.90 dollars a day – may It has decreased to less than 10% in recent years (from more than 35% in 1990).

This progress has been jeopardized by the COVID-19 crisis, as more than 90% of emerging markets and developing economies are expected to record negative per capita income growth in 2020. ‘

Number of observations 59, date of addition 05/23/2021

Oil: Plans To Increase Iraq’s Export Capacity To 6 Million Barrels Per Day

Energy   Economy News _ Baghdad  The Ministry of Oil confirmed, on Sunday, that there are plans to raise Iraq’s export capacity to 6 million barrels per day, and while the quantities of oil exported through the southern ports were determined and their maximum capacity daily, it revealed the quantities of oil exported monthly through the Kirkuk fields.

“In the latest statistics, the ministry recorded the export of more than 3 million barrels of oil per day through the ports of the south and the Turkish port of Ceyhan,” said the ministry’s spokesman, Asim Jihad, in an interview with the Iraqi News Agency and followed by Al-Iktissad News Southern ports exceed 4 million barrels per day. “


He added, “The Oil Ministry is currently planning to have the export capacity in the southern Iraqi ports up to 6 million barrels per day by 2023,” indicating that “the export of oil from the Turkish port of Ceyhan in the Kirkuk governorate amounts to about 3 million barrels per month.”

Jihad pointed out that “the rates of oil export from the south currently exceed 3 million barrels per day, while work is being done to increase the export and storage capacity of oil in the southern ports to create high flexibility in oil export operations.”

He confirmed, “There are projects planned by the Ministry of Oil related to the export energy of oil,” noting that “the Oil Projects Company is currently working on establishing 24 tanks to increase the treasury capacity.” Number of observations 81 Date of addendum 05/23/2021

Parliamentary Committee: Al-Kazemi Has Failed To Implement The Government Curriculum, And There Is No Change In Ministerial Portfolios

Political  Sunday May 23, 2021 | 12:50 p.m.| Views: 58  Today, Sunday, the Parliamentary Committee to Monitor the Implementation of the Governmental Program and Strategic Planning criticized Prime Minister Mustafa Al-Kazemi, noting that he had “failed” to implement the government curriculum a year after his presidency of the Iraqi government, while ruling out any change in ministerial portfolios .

A member of the committee, Muhammad al-Baldawi, said, “The prime minister acknowledged a failure during his previous statements and its inability to manage the state’s files and provide the necessary and basic needs for the Iraqi citizen, a year after his presidency of the government .”

He added that “the committee monitoring the implementation of the parliamentary government program submitted its initial report earlier, and that the government did not adhere to the ministerial curriculum and that the completion rate for its work did not exceed 17.50%, in addition to the government’s inability to provide services to citizens .”

Al-Baldawi added, “The ministers in the Al-Kazemi government are not able to manage the files in the ministry and have not achieved any percentage of completion of their work and the tasks assigned to them .”

Regarding a change in the ministerial cabinet, Al-Baldawi explained, “The change of ministers needs reasons, which are related to the resignation or dismissal of the minister or his interrogation and dismissal from his post,” noting that “the time remaining in the life of the government is not enough to change some ministers in the Al-Kazimi government.”


Source: Dinar Recaps

More Iraqi News Sunday PM 5-23-21

TLM724 Administrator Bond Lady’s Corner

The Central Bank Launches The {Scorecard} Project

Time: 05/23/2021 10:11:44 Read: 3,913 times    {Economic: Al Furat News} The Central Bank of Iraq has completed the Scorecard Project for Environmental, Social and Governance Standards in cooperation with the International Finance Corporation (IFC) affiliated with the World Bank Group to address regulatory issues in the banking sector.

A statement of which the Euphrates News Agency received a copy of it stated that “The Central Bank of Iraq has adopted the application of corporate governance in banks as a goal within the strategic plan for the period (2016-2020) to strengthen the control and supervision systems, relying on international best practices in this field as well as keeping up with developments taking place. In banking services. “

And that “the Scorecard project represents (the quantitative measure) of environmental, social and governance standards.”

He pointed out that “work has started on this project at the end of 2019, as pilot tests for the scorecard were conducted during the period (2020-2021) with the participation of all commercial and Islamic banks operating in the Iraqi banking sector.

The project will be launched through a hypothetical meeting on 26th. From the current May, in the presence of relevant local and international institutions, relevant authorities and representatives of the Iraqi banking sector,   LINK

Parliamentary Oil Calls On The Government To Agree With Saudi Arabia To Raise Iraq’s Share In OPEC


Time: 05/23/2021 10:40:20 Read: 2,288 times  {Economical: Al Furat News} The Parliamentary Oil and Energy Committee affirmed that Iraq could agree with the Kingdom of Saudi Arabia to raise the quantities of oil exported through “OPEC” after the reduction of its share during the past year.

Committee member Ghaleb Muhammad Ali said in a press statement, “Any economic agreement that takes place in the Organization of Petroleum Exporting Countries” OPEC “is in the interest of Iraq, as it is one of the countries with a rentier economy and that 97 percent of it depends on exporting oil.

He continued, “Any increase in the price of oil, even if by one dollar, affects positively the economy in the country, as it now exports more than 3,250 thousand barrels, and revenues can increase,” noting that “Iraq is one of the countries that has committed to reducing its share of the exported crude oil.” .

He stressed that “Iraq, represented by Prime Minister Mustafa Al-Kazemi and the Minister of Oil, should discuss raising its share of oil exports with neighboring countries or an agreement with the Kingdom of Saudi Arabia, which has an influential decision in the organization,” noting that “this increase can transfer Iraq in a qualitative manner during the next stage as it is.” He suffers from security and economic problems.   LINK

Barham Salih: We Have Lost A Thousand Billion Dollars Since The Fall Of Saddam Hussein’s Regime

Pratha News Agency135 2021-05-23   Iraqi President Barham Salih revealed today, Sunday, that his country has lost a thousand billion dollars since the fall of Saddam Hussein’s regime in 2003 due to “rampant financial and administrative corruption in state institutions.”

In a speech on corruption in Iraq, he said, “The law on recovering the proceeds of corruption includes practical, deterrent, proactive measures, and includes subsequent steps to recover the stolen money.”

He added, “The law to recover the proceeds of corruption also includes support for financial and supervisory institutions and activating their tools.”

The Iraqi president pointed out that “the draft law on recovering proceeds of corruption seeks to recover the stolen money through agreements with states and cooperation with international bodies.”

Saleh called for the formation of an international coalition to combat corruption.

Saleh Submits To Parliament A Bill To Recover The Proceeds Of Corruption And Reveals Important Numbers

Time: 05/23/2021 11:48:04 Read: 4,368 times   {Politics: Al Furat News} The President of the Republic, Dr. Barham Salih, announced in his speech, today, Sunday, the submission of the draft law on “recovering the proceeds of corruption” to the House of Representatives, in a move to combat corruption, restore Iraqi funds smuggled abroad and bring the corrupt to justice, pointing out that the draft law includes Practical, pre-emptive, deterrent, and subsequent measures to recover corruption money.

Saleh said, during his speech on the files of administrative and financial corruption in Iraq, that the draft law seeks to recover smuggled funds through work mechanisms and procedures based on concluding agreements with countries, strengthening cooperation with specialized international organizations and bodies, and benefiting from successful global experiences to curb this phenomenon.

His Excellency pointed out that cross-border corruption has cost Iraq huge sums of money estimated in billions, and governmental and international statistics and data estimate that the total of Iraq’s oil imports since 2003 are close to a thousand billion dollars, including at least 150 billion dollars of corruption deals that have been smuggled abroad, And it was enough to put the country in a better condition.

President Barham Salih called for the formation of an international coalition to fight corruption similar to the international coalition against ISIS, stressing the impossibility of eliminating terrorism except by draining the sources of its financing based on corruption money as a political economy of violence, stressing that corruption and terrorism are interlinked and mutually exclusive.

The President of the Republic said that the phenomenon of corruption disrupts the will of the people, and because of it, the masses of demonstrators came out demanding a homeland, a country free of corruption, calling for official institutions and social activities to take a serious stand to confront this dangerous scourge. LINK

Issue (4630) Was Issued From The Iraqi Newspaper Al-Waqi’a, Issued On 10/5/2021

2021-05-23 01:19:00

1- The law of the Republic of Iraq’s accession to the Convention on Limits of Liability for Maritime Claims of 1976 as amended by the 1996 Protocol, including the amended limits of liability therein No. (24) of 2020.

2- Law on the accession of the Republic of Iraq to the Convention of the International Institute for the Unification of Private Law (UNIDROIT) regarding cultural property stolen or illegally exported No. (2) for the year 2021.

3- Cabinet Decision No. (153) for the year 2021 amending the schedule of the social subsidy ceiling attached to the Social Protection Law

Those wishing to acquire the Iraqi factsheet can refer to the Iraqi investigation department, located in Salhiya / Haifa Street (Ministry of Justice building), and obtain the required number.

Dollar Exchange Rates In The Local Market Today

Market   Economy News _ Baghdad   “Al-Eqtisadiah News” publishes the exchange rates of the dollar in the Iraqi local markets on Sunday.  The price of the dollar against the Iraqi dinar   Prices of the exchange offices: the selling price of the dollar is 149,250     The purchase price of the dollar is 148,250

Number of observations 89 Date of addition 05/23/2021

To read more current and reliable Iraqi news please visit BondLady’s Corner:

Source: Dinar Recaps


If you wish to contact the author of any reader submitted guest post, you can give us an email at and we’ll forward your request to the author.

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles



Please enter your comment!
Please enter your name here