KTFA
Henig » March 19th, 2023
Mahmoud Abbas: Giving confidence to the Sudanese budget is everyone’s responsibility. Citizens are waiting
Baghdad Today-Baghdad
MP Ahmed al-Jubouri Abu Mazen said on Saturday that granting confidence to the exchange doors guaranteed by the government of Mohammed Shia al-Sudani is everyone’s responsibility without delay.
Al-Jubouri said in a tweet seen by (Baghdad Today), that “the political disruption of the federal budget is an Iraqi phenomenon par excellence, and it is long awaited to get out of the end of the tunnel.”
He stressed that “granting confidence to the exchange doors set by the Sudanese government is the responsibility of all partners,” noting “Our people complain about services, displacement and unemployment, and it is not right to reward their patience with further delay. On the eve of e-------s.” LINK
Al-Sudani and Al-Hakim stress the need for parliament to speed up the reading and approval of the budget
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Baghdad Today-Baghdad
Prime Minister Mohamed Shia al-Sudani and head of the National Wisdom Movement Ammar al-Hakim stressed the need for the House of Representatives to expedite the reading and approval of the budget.
Al-Hakim said in a statement received by (Baghdad Today), “During our meeting with Prime Minister Muhammad Shia Al-Sudani, we discussed the developments of the political scene in Iraq and the region, the upcoming entitlements and the shape of the relationship between the government and the House of Representatives, we renewed our support for the government and its steps in combating c--------n and providing services
We stressed the importance of maintaining the service file and upgrading services throughout the country, and we also called for attention to the provinces and holding sessions of the Council of Ministers in them and working to solve problems and provide services.”
He added, “On the federal budget, we called on the House of Representatives to expedite its reading and approval so that the government can implement its paragraphs,
We showed the importance of security, social and political stability in supporting the government’s path, and we called in this context to perpetuate pre-emptive strikes in the fight against t-------m and its sleeper cells, we also stressed the importance of resolving the outstanding problems between the federal government and the regional government and addressing them according to the formula of concession to Iraq and the supreme national interest.” LINK
Source: Dinar Recaps
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Clare » March 19th, 2023
Iraq is close to activating an agreement with “Total” worth 27 billion dollars
The Iraqi Oil Minister, Hayan Abdul-Ghani, said, on Sunday, that the talks that Iraq is holding with the giant French energy company, Total Energies, to resolve the sticking points in a delayed activation deal worth $ 27 billion have reached “advanced stages.”
“They are close to activating the contract,” Abdel-Ghani said at an energy conference.
The agreement, which Baghdad hopes will contribute to reviving foreign investment in the country, was signed in 2021 on the basis that it would allow Total to build four oil, gas and renewable energy projects with initial investments of $10 billion in southern Iraq over 25 years.
However, disagreements between Iraqi politicians over the terms of the agreement hindered its implementation.
Sources told Reuters that Iraq’s request for a 40 percent stake in the project is a major point of contention, as Total Energy wants a majority stake.
In response to a question about whether the issue of Iraq’s share in the project has been resolved, Abdul-Ghani said that the time is not appropriate to discuss the matter, adding that the announcement of the shares will take place when an agreement is reached.
Abdul-Ghani also said that Iraq is committed to maintaining an oil production rate of 220,000 barrels per day, in line with the quota set by the latest agreement of the OPEC+ alliance to cut production.
The minister added that Iraq is ready to increase its production if the OPEC + alliance decides to do so.
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“We forced some oil companies operating in the south to reduce production in line with the agreed OPEC + rates,” he said. link
Source: Dinar Recaps
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