Sat. PM TNT News Articles/Thoughts 7-9-22

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TNT

CandyKisses:
Al-Kazemi’s advisor talks about (promising opportunities) to achieve reform projects and economic progress

Baghdad – Mawazine News
, the financial advisor to the Prime Minister, Mustafa Al-Kazemi, outlined the stages of cooperation of the international community to help Iraq economically, while noting that the white paper is the product of this cooperation.

Saleh said, “International cooperation in assisting Iraq economically extends to the Madrid Donors Conference held in October 2003, in which the foreign ministers of 77 countries pledged to provide aid for the reconstruction of Iraq, with an amount exceeding 33 billion dollars to restore the infrastructure destroyed by wars and the siege.” former economist.

In an interview with the official news agency, Mawazine News, Saleh added, “Many of these grants have been verified, but their financial effects were limited due to the mismanagement of the reconstruction operations at the time.”

He pointed out that “the international community did not skimp on writing off more than $100 billion of debts owed by Iraq, which is Iraq’s pre-1990 debt, under the Paris Club Agreement of 2004.”

He continued, “The international community then continued to support Iraq, and this was embodied by the (Tokyo Declaration) by the Group of Seven major industrialized countries in their statement announced in May 2016, which supported Iraq financially and economically to confront its dual economic and security crisis at the time, and the Kuwait Conference for the Reconstruction of Iraq in The year 2018, which helped sustain UN aid to finance stabilization operations in the liberated areas after the victory over ISIS terrorism.

And he added: “During the double financial and health crisis that our country was subjected to in 2020, the international community felt Iraq’s need for international aid to reform and reorganize the economy in order to achieve sustainable development and combat decline and corruption, so it was formed in London in the middle of the year 2020, what was called ( The Iraq Economic Contact Group (IECG) (composed of the World Bank, the International Monetary Fund, the European Union, and the Group of Seven major industrial countries).

He continued: “The aforementioned contact group expressed its willingness to support financial and economic reform projects in our country and to reorganize the financing, production and governance sectors, and the white paper was the result of that cooperation,” he concluded by saying: “I see that Iraq has many serious and promising opportunities to benefit from the intentions of the international community.” Positively towards achieving reform projects and economic progress in Iraq. 

RVAlready:
I think we will see an RV next week!!! I do not think the CBI will wait for a new government, as that could easily take another year. They need an RV. now!!!

CandyKisses:
It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term

The Parliament’s decision, Representative Gharib Askar, expected, on Saturday, to pass dozens of stalled laws during the next legislative term, indicating that the parliament’s activity depends on accelerating the formation of the government.

Askar said in a statement to “Al-Maalouma”, that “the next legislative term, that is, after the Eid al-Adha holiday, will be active in all its details, and dozens of stalled laws will be passed.”

He added that “what hinders the parliament’s work is the government’s transformation into a caretaker and its inability to send any legislative details. In the event of the formation of the government, the legislative term will turn into a parliamentary activity.”

Askar pointed out that “the political differences are less compared to the previous parliamentary sessions, which enhances the hope of enacting laws, especially the budget for the next year, and even the introduction of the oil and gas law to end the file of selling the oil of the Kurdistan region of Iraq.” 

Al-Kazemi’s advisor summarizes the stages of cooperation of the international community to help Iraq economically

The financial advisor to the Prime Minister, Mustafa Al-Kazemi, today, Saturday, outlined the stages of cooperation of the international community to help Iraq economically, while noting that the white paper is the product of this cooperation.

Saleh said, to the Iraqi News Agency (INA), that “international cooperation in helping Iraq economically extends to the Madrid Donors Conference, which was held in October 2003, in which the foreign ministers of 77 countries pledged to provide aid for the reconstruction of Iraq with an amount exceeding 33 billion dollars.

To restore infrastructure destroyed by wars and the previous economic blockade. He added that “many of these grants were verified, but their financial effects were limited due to the mismanagement of the reconstruction operations at the time.”

He pointed out that “the international community did not skimp on writing off more than $100 billion of debts owed by Iraq, which is Iraq’s pre-1990 debt, under the Paris Club Agreement of 2004.” He continued, “The international community then continued to support Iraq, and this was embodied by the (Tokyo Declaration) by the Group of Seven major industrialized countries in their statement announced in May 2016, which supported Iraq financially and economically to confront its dual economic and security crisis at the time, and the Kuwait Conference for the Reconstruction of Iraq in The year 2018, which helped sustain UN aid to finance stabilization operations in the liberated areas after the victory over ISIS terrorism.

And he added: “During the double financial and health crisis that our country was subjected to in 2020, the international community felt Iraq’s need for international aid to reform and reorganize the economy in order to achieve sustainable development and combat decline and corruption, so it was formed in London in the middle of the year 2020, what was called (The Iraq Economic Contact Group (IECG) (composed of the World Bank, the International Monetary Fund, the European Union, and the Group of Seven major industrial countries).

He continued: “The aforementioned contact group expressed its willingness to support financial and economic reform projects in our country and to reorganize the financing, production and governance sectors, and the white paper was the result of that cooperation,” he concluded by saying: “I see that Iraq has many serious and promising opportunities to benefit from the intentions of the international community.” Positively towards achieving reform projects and economic progress in Iraq.

Source: Dinar Recaps

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