Thurs. PM KTFA News Articles 10-7-21



Samson » October 7th, 2021

Iraq suspends official working hours for two days

7th October, 2021

The General Secretariat of the Council of Ministers announces the suspension of official working hours on Sunday and Monday

Based on the approval of the Prime Minister, Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, it was decided the following:

Disruption of official working hours, on Sunday and Monday, corresponding to the tenth and eleventh of October this year, 2021; To coincide with the date of the elections, and to make way for the Independent High Electoral Commission; To complete the logistical procedures for the voting process,
provided that coordination takes place between ministries and security, service, and health departments, and between the parties concerned with the voting process, to support the electoral process.  LINK

The Iraqi Stock Exchange stops trading for one day

7th October, 2021

The Iraqi Stock Exchange (the Stock Exchange) announced on Thursday that it will not organize a trading session next Sunday

And the market said in a statement seen by “Al-Iqtisad News”, on the occasion of organizing the parliamentary elections in Iraq on Sunday, October 10, 2021, the market will not organize the stock trading session for this day

He added, “The sessions will be organized as of Monday 11/10/2021, according to their official timings


The Aviation Authority reveals the closing hours of the airports in preparation for the elections

10/07/2021 16:13:26

The Civil Aviation Authority revealed the closing hour of the airports, according to government directives, in preparation for the polling day in the early parliamentary elections that start tomorrow for special voting.

The spokesman for the authority, Jihad Al-Diwan, told {Euphrates News} that “Iraq’s airports, including the Kurdistan region, will be closed at exactly six o’clock in the evening on Saturday, the ninth of this October.” “The authority informed all national carriers and airlines of the directive,” he added. The Diwan indicated that “the opening of the airports will resume at six o’clock in the morning on Monday, October 11.” Parliamentary elections will start tomorrow for special voting, while general voting will take place next Sunday.

The Security Committee for the elections had decided earlier, in preparation for the elections, to close the border crossings on October 9 and open on the 11th of the month, close the airports on the 9th and open on the 11th of the same month, close the entrances to the governorates and prevent the movement of people and vehicles on the 9th and until the 11th of the same month Banning the movement of motorcycles, “Al-Souta and Taktuk” and carrying wheels of more than 2 tons from October 10 to the next day, closing all shops, restaurants and malls from October 10 to 11, and arresting violators.

Banning all human gatherings in all its forms from the 7th to the 13th of next month, and arresting violators.    LINK

Starting from tomorrow (today) .. Transferring the functions of the federal government to a “business conductor”

10/06/2021 19:49:21

The legal expert, Ali Al-Tamimi, announced the transfer of the tasks of the federal government to a “caretaker”, starting tomorrow (today), Thursday.

Al-Tamimi told Al-Furat News that “the government will turn by tomorrow (today) into a daily caretaker government according to the Iraqi constitution.” He added, “The executive authority as a whole has no right to conclude international deals and agreements, which is what is called by constitutional jurisprudence {walking public utilities} such as paying salaries or simple contracting to run the affairs of ministries.”

Al-Tamimi explained, “With the election date, its constitutional and legal position ends, due to the end of parliamentary oversight, and oversight is from the administrative judiciary only, and this is called the “narrow scope” of law enforcement.”

Wednesday, Parliament Speaker Muhammad al-Halbousi terminated the membership of parliament members, including the presidency, based on the parliament’s decision to dissolve itself on October 7 (tomorrow), 3 days before the early parliamentary elections.  The Parliamentary Legal Committee had announced that “Parliament does not need to hold a session to dissolve itself, but tomorrow it will dissolve automatically, provided that elections are held on time, and if something happens to prevent the holding of elections, Parliament will return to carrying out its tasks and completing its constitutional term.”

The special voting process for the security forces is scheduled to start next Friday, October 10, 2021; Then followed by the general vote on Saturday 11 October, in which all voters in Iraq participate.

The Iraqi government is making intensive preparations for the success of the upcoming electoral event, on the tenth of next October, amid Arab and international attention, through hundreds of observers who represent their organizations and countries. The Prime Minister and Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, called on the security forces to activate the security and intelligence efforts, and to prevent any party from influencing the voters.

Al-Kazemi announced his refusal to exploit the security forces from any political party, and any form of exploitation will be severely held accountable, and the forces must abide by complete impartiality, and it is strictly forbidden to block roads in any electoral district, with the intention of influencing voters in favor of any political party, in addition to preventing the establishment of the officers exercise any influence on the soldiers and ranks when they cast their votes, in favor of any political party..

He stressed the cooperation with the Independent High Electoral Commission and with international supervisors, and facilitating their tasks, and that all abuses will be recorded, and will be submitted to the Electoral Commission to deal with it legally, regardless of its source.

The Independent High Electoral Commission announced its readiness to hold legislative elections on October 10. 
For its part, the Joint Operations Command informed, on Saturday, the security forces to prevent the use of weapons by any person, whether he was a candidate or a non-candidate, while pointing out that he will be subjected to the punishment of arrest.

The Baghdad Operations Command also announced the tightening of security measures around the electoral centers and the commission’s warehouses.LINK

Starting today, the House of Representatives is dissolved and the government turns into a caretaker

10/07/2021 08:53:52

The government headed by Mustafa Al-Kazemi turned, starting today, into a caretaker, while the House of Representatives was considered dissolved.

Last April, the parliament voted to dissolve itself on October 7 (today, Thursday), in preparation for holding early elections three days later, October 10. Legal expert Tariq Harb told Al-Furat News, “The parliament’s role has actually ended, as evidenced by its inability to hold any session for more than a month,” noting, “as for the legal aspect, Parliament ends its session on the seventh of this month,” and indicated that “before the special voting date For the security forces, the parliament’s role ends according to its law.”

Harb stressed that “there is no constitutional vacuum today, but the government turns into a caretaker government by virtue of the dissolution of the House of Representatives, and the dissolution of the parliament results in the end of the parliamentary capacity. At the end of the official working hours of the day, parliament members turn into ordinary citizens.”

With the Electoral Commission retrieved biometric cards not received. The spokesman said Assistant media UNHCR spokesperson Nebras Abu Sawda in a press statement that “the registration centers began packages all Albaaomitrih cards is received and sent to election offices in the provinces and then to the national office.”

She pointed out that “there are no statistics for these cards yet.”  She added that “there is a decision by the Board of Commissioners to return these cards to the national office before the polling day with records of receipt and delivery, and they cannot be outside the control of the national office before or during the polling day.”

She indicated that “these cards are long-term and there is no date for their expiry date, and therefore it is possible to distribute them at any time,” expecting that “these cards will be redistributed after the end of the electoral process and the reopening of registration centers.” LINK

Source: Dinar Recaps

Samson » October 7th, 2021

Dozens Of Lebanese Protest Against The Continued Seizure Of Their Money By Banks

6th October, 2021

Dozens of Lebanese bank depositors participated in a protest sit-in in front of the Central Bank in the capital, Beirut, to demand their money held by banks operating in the local market.

And press sources reported that dozens of protesters participated in a sit-down called by the “Lebanese Depositors Association” (non-governmental), in front of the Central Bank in the Hamra area, west of Beirut, in refusal to continue holding their money in banks.

The protesters expressed their rejection of the “Central” policy of giving them their dollars held in banks, based on the exchange rate of 3900 Lebanese pounds to one dollar, which is a low price compared to the actual price on the black market, which is today 18.1 thousand pounds.

Depositors criticized the adopted financial and monetary policies, and raised several slogans, including “Pandora shamed you,” and published pictures of Central Governor Riad Salameh and bank owners stained with blood. And the “Pandora Documents”, an investigation by the International Consortium of Investigative Journalists, accuses hundreds of politicians and their relatives around the world of committing financial irregularities, including Lebanese Prime Minister Najib Mikati, Central Bank Governor Riad Salameh, and former Prime Minister Hassan Diab.

During the sit-in, “Hassan Mughniyeh”, one of the depositors, told reporters: “The protesters will continue the march until we get our money back, specifically from the prime minister.” He added: Do not expect anything from these representatives, this is a corrupt system participating in the theft of our money, and the Discriminatory Public Prosecutor must hear us because we will not be afraid of anyone.

On Monday, October 4, the Association of Banks in Lebanon, in a statement, rejected what it considered the systematic “targeting” that banks have been subjected to for more than two years, explaining that it “does not constitute a regulatory authority, and it has no role in the decline in the exchange rate.”

For two years, Lebanon has been experiencing an unprecedented severe economic crisis that has led to the imposition of severe restrictions on depositors’ funds in local banks, and an unprecedented collapse in the value of the local currency against the dollar.   LINK

The digital economy is a tributary to the economy

7th October, 2021 by Zaki Al-Saadi

We often hear the term digital economy, its indicators and its impact on the national economy.

Diving into the details of this topic requires writing volumes that talk about its applicability, benefits, and obstacles.

Leaving the paper economy and joining the digital economy requires first a national political will to achieve it and then scientific planning for its implementation and protection from penetration and work on its continuous updating and training of scientific and economic cadres for the purpose of its implementation. T

hat this development must take place because the world began this more than two decades ago.

Digital development makes human control much less, and thus makes it difficult to manipulate inputs and outputs, thus reducing opportunities for corruption and bribery, and adopting a solid economic system that ensures that resources go to the state treasury.

The process of digitalization in some administrative matters facilitates all civil service operations that suffer from deadly red tape and thus makes life easier for citizens.

One of the most important forms of the digital economy is the digital currency, the ease of trading, and its support as an alternative to the monetary currency.

One of the most important forms of the digital economy is the use of its techniques in taxes and financial resources, thus ensuring the flow of public money in the correct manner. Thus, we have added more than three billion dollars to the state treasury instead of the current amount, which is estimated at 650 million dollars in the best case.

Political will is the first step to building a solid digital economic system. LINK

Source: Dinar Recaps


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