Bond Lady’s Corner Iraqi News Thursday AM/PM 7-1-21

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Iraqi News Thursday AM 7-1-21

TLM724 Administrator BondLady’s Corner

The most important statement of Prime Minister Mustafa Al-Kazemi during his meeting with the permanent representatives of NATO countries in Brussels

🔵 Iraq highly appreciates cooperation with the North Atlantic Treaty Organization and its member states, in order to support the rebuilding of our military institutions and enhance the capabilities of our armed forces and security services in the face of terrorism, and we have a serious desire to develop this joint cooperation.

🔵 Iraq has suffered from political and security turmoil for more than four decades, the most recent of which was the terrorist attack by outsiders of the era, the terrorist organization ISIS, whose crimes the region and the world have not witnessed in mass murder, displacement of civilians and the destruction of cultural monuments and infrastructure.

🔵 We appreciate the role played by NATO, as it was a partner in providing support for Iraq’s efforts to defeat the terrorist organization ISIS, and we will certainly not forget the huge sacrifices made by the Iraqi security forces, including the army, the federal police, the anti-terrorist forces, the Popular Mobilization, the Peshmerga, and volunteers from among the tribesmen in various parts of the country. regions of Iraq.

🔵 Iraq was and still is the first line in the war against the terrorist organization ISIS, and this war, regardless of its severity, has earned our security forces significant experience at the regional and international levels.

🔵 Despite the huge security challenges, our forces were able during the periods extending after the defeat of the strongholds of the organization to deal severe and painful blows to its safe havens and havens one after the other, and we succeeded in dismantling its networks and sleeper cells spread in different regions of the country.

The progress we have made on the security front prompts us, through the strategic dialogue that we started in 2020 with the International Coalition, to find time and technical mechanisms for withdrawing the coalition’s combat forces, and continuing cooperation in all fields, especially armament, rehabilitation, training and intelligence support.

🔵 We seek to cooperate with NATO countries in sustaining training and working continuously to raise the readiness of our military and security capabilities.

🔵 We look forward to NATO countries continuing to train, qualify and equip our armed forces, support military colleges, expand police training programs, and train specialized skills and technicians in all types of air and naval weapons to enable them to confront terrorism.

🔵 We hope, through these endeavors, to obtain the necessary expertise to build military institutions to help raise the level of their professionalism and efficiency, with the need to equip them with the necessary modern and advanced military equipment, hoping to strengthen efforts to reform the security system and to contribute to maintaining Iraq’s security and stability.

🔵 We in Iraq are proud of the religious, sectarian and national diversity of the components of the Iraqi people, and Iraq has succeeded in playing a constructive role in achieving security and stability within its regional and international surroundings. Wars and difficult circumstances have taught us that peaceful solutions are the basis on which we can establish strategic and positive relations, both with neighboring countries. , regional countries, and countries of the world.

🔵 We call from this platform to the member states of the alliance and the international community, to use security and military resources in the service of promoting peace and stability, and to entrust the delivery of humanitarian aid to areas affected by conflicts and wars, that crises and wars will not serve international peace and security.

🔵 Our government sought to present an economic reform paper called the White Paper, which is a comprehensive road map aimed at reforming the Iraqi economy and addressing the serious challenges it faces.

🔵 Challenges have accumulated before the Iraqi economy over the past years due to wrong policies, mismanagement, corruption and lack of planning, in addition to the almost total dependence on oil as a main source of state revenue.

🔵 The white reform paper aims to restore balance to the Iraqi economy, and put it on a path that allows the state to take appropriate steps in the future to develop it into a diversified economy that creates opportunities for citizens to live a decent life.

🔵 Economic reforms cannot be achieved without achieving economic growth, and that Iraq seeks to encourage the international community to enhance investment opportunities in Iraq in a way that ensures sustainable development that contributes to supporting economic reform.

🔵 I would like to refer to the pledge we made at the beginning of my assumption of the position of Prime Minister to hold legislative elections, and we affirm our commitment, through discussions with all political and popular forces, on the need to ensure free, fair and fair elections.

🔵 We are making all efforts to ensure electoral security through military and security plans that we have been preparing for months, and through training and practices carried out by security institutions in preparation for election day, aimed at protecting voters, international observers and journalists.

The government has adopted the law of the Independent High Electoral Commission, and we have sought to approve a budget for the commission, and we have also welcomed the UN Security Council resolution supporting the elections in Iraq, in addition to the role of the United Nations Assistance Mission in Iraq by coordinating the presence of international observers to monitor the elections, and we have directed to overcome all obstacles that come from The voting process and the next stage may face it. We have set the tenth of next October as the date for holding the elections.

🔵 Terrorism that destroys mosques, churches and hospitals and kills innocent people in Iraqi cities is the same that strikes the cities of the world, so we must strive to prevent Iraq from becoming an arena for regional conflicts on the one hand or international conflicts on the other.

🔵 The security and stability of Iraq is affected by the security of the region, and the security of the region can only be achieved by adhering to international resolutions that call on all parties to the conflict to abide by international legitimacy, respect human rights, non-interference in the internal affairs of countries and avoid launching any transnational aggression against any independent and sovereign country. Noting in this regard to Iraq’s categorical refusal to use its territory to attack its neighbors.

🔵 We renew our thanks and appreciation, and we highly appreciate the positions that support Iraq, its people, its institutions and its democratic experience, and we look forward to continuing cooperation in vital areas, military training and training of the military police in Iraq, and in consultation with the Iraqi government.

🔵 We appreciate and appreciate the assistance of the NATO countries to Iraq in supporting construction and reconstruction projects and achieving economic development that requires providing security and stability in a way that ensures experts, technicians and companies start their investments within optimal security conditions, which will therefore serve the security, safety, stability and interests of our peoples looking forward to building, reconstruction, prosperity and progress.

Media Office of the Prime Minister   1 – July – 2021   https://pmo.iq/press2021/1-7-202104.htm

The Completion Of The Al-Baqaq Bridge Project Was Affected By The Decline In The Exchange Rate

Thursday 01 July 2021  60  Baghdad: morning  Al-Moatasem General Company for Construction Contracting, one of the formations of the Ministry of Construction, Housing and Public Municipalities, is about to complete the reconstruction of the Al-Baqaq Bridge (Al-Amiri) in Nineveh Governorate.

The director of the projects department in the company, Engineer Sadiq Kazem Abdul-Hussein, confirmed in a statement

Al-Sabah told Al-Sabah that “work on the project has reached very advanced stages, and we are close to achieving it with exceptional efforts, despite some financial obstacles that have occurred in its implementation, especially after the devaluation of the dinar against the dollar.”

He explained that {the project is under the supervision of the Roads and Bridges Department of the ministry, and financed by the emergency loan of the World Bank for the reconstruction of liberated areas}, stressing that {the completion rate reached 98 percent, and it is located on the Mosul-Dohuk road (the Eliab corridor), and it had been exposed to torrential rains that led The fall of a number of its spaces and damage to the columns and the bridge deck}.   LINK

Today .. A Decrease In The Central Bank’s Sales Of The Currency

Economie| 12:16 – 01/07/2021  Baghdad – Mawazine News  The Central Bank of Iraq’s sales of hard currency, Thursday, recorded a remarkable decline, amounting to less than 200 million dollars.

Today, the Central Bank auction for the sale and purchase of foreign currencies witnessed a decrease in its sales by 8.02%, to reach 195 million and 64 thousand dollars, covered at a base exchange rate of 1460 Iraqi dinars per one dollar.

The purchases amounting to 175 million and 344 thousand dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 19 million and 720 thousand dollars went in cash. Ended 29/A 4    https://www.mawazin.net/Details.aspx?jimare=159013

The Governance Project Preserves Public Money

Thursday 01 July 2021  832  Baghdad: Farah Al-Khafaf  The General Secretariat of the Council of Ministers confirmed the continuation of work on the e-governance project and linking the work of the state with modern systems, which contributes to achieving the desired goals, most notably simplifying procedures and preserving public money.

The spokesman for the General Secretariat, Haider Majid, told Al-Sabah: “Work is continuing and with unremitting efforts for the success of the project.”

He added that {the project will contribute to fighting corruption, preserving public money, shortening time and eliminating red tape}, stressing that the project is implemented by the staff of the General Secretariat / Information Technology Department in cooperation with the Ministry of Communications, without the intervention of any external party, and that the network is a secure government network penetrable.

Yesterday, the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, chaired the meeting of the advisory group of the Committee for Coordination and Management of Government Activity towards the Establishment of E-Governance. Al-Ghazi said: {The government attaches great importance to the governance project;

It will contribute to modernizing the work of state institutions, developing their performance, eliminating red tape and controlling data, and dismantling corruption networks. He directed several technical and administrative directives, most notably: urging ministries to be part of their annual financial allocations to support information technology departments and the e-governance project.

The meeting discussed the presentation of the proposed structure of the National Data Center, the project management mechanism, the distribution of staffing, and data sharing with ministries, in addition to listening to the presentation on the two e-municipality projects and the Iraq map. The meeting also discussed the recommendation to establish a team of digital laws and policies for e-governance.

It is noteworthy that the committee headed by Al-Ghazi was formed according to the Diwani Order 22 of the year 2020.

Meanwhile, the financial expert, Thamer Al-Azzawi, considered the e-governance project “very important.” He told Al-Sabah: “The project will facilitate the completion of transactions quickly and without the use of paper, which will save millions of dinars per month, as well as detecting corruption and fraud, the multiplicity of salaries and others,” pointing to the need to speed up its implementation in all state departments, foremost of which are banks and the Ministry of Foreign Affairs. Finance, to keep money general }.   LINK

The Central Bank Is Launching A Collection System

Thursday 01 July 2021  288   Baghdad: morning  The Central Bank announced the imminent launch of an identity that organizes the opening of an account for citizens from their homes, while referring to the preparation of the electronic collection system that the bank has been working on since the year 2019. This came during the hosting of the Committee to Monitor the Implementation of the Governmental Program headed by Deputy Hazem Al-Khalidi, Governor of the Central Bank, Mustafa Ghaleb, and a number of government bank managers, to discuss the achievements of the ministerial curriculum.

And the governor of the Central Bank indicated that {the bank demanded the government to automate border crossings to control the imports of the ports, which comes after oil in terms of importance}, pointing to {the nearness of creating an electronic collection system, which the bank has been working on since 2019, as well as working on the digital identity that Organizes the opening of an account for citizens from their homes and the transition from paperwork to a system (Digital Bank).

The committee raised questions regarding a number of issues within the work of the Central Bank, most notably the negative effects of the decision to raise the exchange rate, as well as the absence of the reasons and justifications mentioned for this, especially with the increase in bank sales through the currency sale window and the possibility of filling the deficit after the increase in the price of oil, in addition to the lack of necessary conditions By preserving the local product, the many exceptions to this, and the apparent reluctance of the Made-in project

The committee touched on the consequences of raising the exchange rate on the poor and middle class, stressing the need for coordination between the government and the central bank to start drafting a bill. to the bank.    LINK

Government Media: More Than One Billion Dinars Wasted Public Money Was Seized

Pratha News Agency119 2021-07-01  Today, Thursday, the Government Media Cell announced the seizure of public money, worth more than one billion Iraqi dinars, at the northern port of Umm Qasr Port.

The official spokesman for the Ports Authority and a member of the cell, Alaa Al-Din Al-Qaisi, said in a statement that “the northern port of Umm Qasr port was able to control a waste of public money with a value of more than one billion Iraqi dinars, after a careful and extensive review of procedures for the dispatch (armature grilles) received to the port. “.

He added, “The seizure process was carried out under the direct supervision of the head of the Border Ports Authority, Major General Omar Al-Waeli.”

According to the statement, Al-Waeli confirmed, “The supervisory effort exercised by the authority revealed that the required product protection fees were not met in accordance with Cabinet Resolution No. 383 of 2018, where the necessary measures were taken and the required fees were collected in accordance with the decision and the laws in force.”

Al-Waeli pointed out that “this is not the first or last time that the authority’s cadres have been able to control consignments that violate the laws,” noting that “the authority continues to control the security of ports, and prevent waste of public money in all of Iraq’s sovereign borders.”

http://burathanews.com/arabic/economic/395415

Source: Dinar Recaps


More Iraqi News Thursday PM 7-1-21

TLM724 Administrator BondLady’s Corner

A Scientific Study At The University Of Karbala Discusses The Impact Of The Dollar Exchange Rate On Achieving Banking Stability

Thursday 01 July 2021 13:45 | Economic Number of readings: 291  Karbala / NINA / The College of Administration and Economics at the University of Karbala discussed the scientific study entitled “The role of the exchange rate in achieving banking stability (Iraq Case Study 2010-2019).”

The study presented by the student Saif Muhammad Reda Al-Asadi aims to examine the role of the exchange rate in achieving banking stability in Iraq and its impact on the national economy.

The study dealt with the importance of the exchange rate as one of the means through which to achieve the monetary policy objectives represented in reaching monetary stability in any national economy.

It showed that the central bank, through the exchange rate channel, can maintain the general level of prices and the level of income within the economy, and controls the level of exports and imports by controlling the exchange rate and the amount of currency sold at auction 2019 )

Toouselt study to a number of conclusions , notably that there is a positive correlation between the window exchange rate and some banking stability indicators, there is no correlation with the rest of the indicators,

and recommended the need to study the role of monetary policy of the Central Bank of Iraq can influence through it on the increase in the banking sector Banking stability and it has to increase monetary stability, maintain the official exchange rate, as well as the need to monitor the flow of foreign currency to eliminate money laundering and currency smuggling. / https://ninanews.com/Website/News/Details?key=913168

Al-Kazemi: We Seek To Attract Investors And Secure An Optimal Investment Environment By Facilitating All Procedures Related To Investing In Iraq

Thursday 01 July 2021 17:13 | political Number of readings: 98  Baghdad / NINA / – Prime Minister Mustafa Al-Kazemi affirmed that the government seeks to attract investors and secure an optimal investment environment by facilitating all procedures related to investment in Iraq.

And during his meeting with the President of the European Parliament, David Sassoli, at the Parliament headquarters as part of his visit to the Belgian capital, Brussels, Al-Kazemi said: “Iraq aspires to build distinguished relations with all European Union countries, in a way that helps Iraq overcome its crises, supports security and stability in the Middle East, as well as supports the role Iraq is pivotal in defusing crises in the region.

Al-Kazemi said: “He is counting on developing the relations of the European Parliament with the Iraqi Parliament, in the field of exchanging legislative experiences, promoting a culture of human rights, defending minorities and consolidating democracy.”

Al-Kazemi also stressed in his meeting that the Iraqi government is continuing to implement economic reforms, diversify investment and revive stalled projects, as it seeks to attract investors and secure an optimal investment environment by facilitating all investment-related procedures.

He stressed that the government has made significant progress in combating terrorism and uprooting its roots, as well as confining weapons to its hands by supporting the security forces and restoring confidence between them and society, to address its role in confronting terrorism, uncontrolled weapons and crime gangs.

He affirmed the government’s aspiration for European support in mobilizing the international effort to support the issue of mass graves and the missing people left behind by ISIS through organized mass killing campaigns, and joint work with the relevant Iraqi and international bodies. Iraq also looks forward to the European Union’s support for its efforts to secure the stability of the liberated areas, from Through the provision of humanitarian aid and the promotion of stability and reconstruction.

For his part, the President of the European Parliament, Mr. David Sassoli, welcomed the Prime Minister and his accompanying delegation, and affirmed the European Parliament’s support for all government steps aimed at reform, and everything that would enhance security and stability in Iraq and the region./End of 7 https://ninanews.com/Website/News/Details?key=913203

A Slight Increase In The Exchange Rates Of The Dollar In The Local Markets

Economie| 10:20 – 01/07/2021  Baghdad – Mawazine News  The dollar exchange rates recorded, Thursday, a slight increase in the main stock exchange and local markets in the capital, Baghdad.

And the correspondent of “Mawazine News” in the capital stated, “The exchange rate of the dollar on the Central Kifah Stock Exchange in Baghdad, recorded 147.250 dinars, for each paper denomination of 100 dollars.

Our correspondent added, that the prices of buying and selling the dollar in exchange offices and local markets in Baghdad, recorded relatively stable. Where the selling price was 147,500 dinars, for each banknote of 100 dollars, while the purchase price amounted to 146.500 dinars, for each banknote of 100 dollars. https://www.mawazin.net/Details.aspx?jimare=158996

Announcing Investment Projects In The Port Of Faw And The Marshes

Economie| 02:14 – 01/07/2021   Baghdad – Mawazine News  The Parliamentary Services and Construction Committee announced, on Thursday, investment projects in the port of Al-Faw and the marshes, while noting that it was agreed to complete the project to rehabilitate the marshes.

Committee member Jassem Al-Bakhti said, “There is a group of investment projects for housing, tourism and investment that will be launched in the Faw port,” noting that “the projects include the completion of the Korean Daewoo project, which consists of 5 berths and a group of roads, as well as an electric power project, tourist hotels and areas. Residential and recreational.

He added that “tourist projects in the governorates are mostly suspended,” noting that “the marshes are one of the idle resorts in the province of Dhi Qar and need to organize operations and provide services to attract visitors.”

Al-Bakhti called, “The Ministry of Construction and Housing and the Investment Authority to provide roads and real investment projects that are compatible with the size of the Chabayish marshes and their large area,” noting that “the Chabayish marshes city project began work and stopped due to the lack of vision and planning.”

He stressed that “the obstacle to completing the project is the obsolescence of the roads that connect to those areas,” noting that “it was agreed to find solutions for them and complete the project.” Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=159029

Iraq Announces A Statistic Of Its Revenues And Exports For The Past Month

Economie| 12:57 – 01/07/2021  Baghdad – Mawazine News  The Ministry of Oil announced, on Thursday, a statistic of Iraqi oil revenues and exports during the month of June.

The ministry stated in a statement that Mawazine News received a copy of it, that “the revenues of last June amounted to (6) billion (141) million and (77) thousand dollars.”

She added that “the amount of exports amounted to (86) million (765) thousand and (589) barrels.”

And the ministry added, “The daily export rate reached (2) million and (892) thousand barrels.”

And it indicated, that “the average price per barrel amounted to (70,778) dollars.” Ended 29 / A 43

https://www.mawazin.net/Details.aspx?jimare=159019

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

https://www.bondladyscorner.com/

Source: Dinar Recaps

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