Tuesday, August 29, 2023

"NEWS OF IRAQ" BY MNT GOAT, 29 AUGUST

 MORE THAN 250,<> PEOPLE WHO RECEIVE MORE THAN ONE SALARY FROM THE IRAQI STATE.

Economy Baghdad News

Jamal Kojar, a member of the parliamentary finance committee, revealed that there are more than 250,<> people who receive more than one salary from the Iraqi state.

Koger said, in a press interview, seen by “Economy News”, that “the number of government official employees differs from the number of salary recipients, as there are more than 4.074 million employees in Iraq working in state departments and institutions, but there are currently about nine million people receiving salaries in Iraq and in different forms and addresses such as retirees, martyrs, social welfare, missing persons and political prisoners.”

He added that more than 250,6 employees in Iraq receive more than one salary, while there are those who receive multiple salaries.

(This is one way they steal from the budget. Oh…these corrupt in Iraq are cunning and have ways to do it. Why does the government not crack down or find other ways to pay them to make it much more transparent?)

More news…

DISPUTE BETWEEN THE IRAQI AND TURKISH GOVERNMENT OVER OIL EXPORT OPERATIONS THROUGH THE TURKISH PORT OF CEYHAN IS AT THE HEART OF SOLVING THE OIL AND GAS LAW

The American Foreign Policy newspaper revealed in a report published, on Friday (August 25, 2023), that the dispute between the Iraqi and Turkish government over oil export operations through the Turkish port of Ceyhan is still continuing without any signs of imminent solutions, stressing that the dispute is now “affecting and destroying” the region, and beyond. 

The newspaper stated, according to what was translated by “Baghdad Today”, that the agreement concluded fifty years ago between the two countries on exporting oil through the port of Ceyhan is still so far without solutions, despite the visit of Turkish Foreign Minister Hakan Fidan to Baghdad and the announcement of the imminent “achievement of a historic visit to the president.” Turkish Recep Tayyip Erdogan to Iraq.

(The reason stated in the article above it the real reason why the Oil and Gas law is delayed. Please read the full article. Iraq will most likely have many future amendments to their new Oil and Gas law. Why do they try to bundle every issue into the law to start? This is what take so damn long. But of course they are Arabic and this is their nature.)

More news….

EXPECTATIONS OF A RISE IN THE EXCHANGE RATE TO NEW LEVELS… HUGE BUDGET SUMS WILL DEVOUR THE DOLLAR FROM THE MARKET – URGENT

Today, Saturday (August 26, 2023), the expert in economic affairs, Hammam Al-Shamma, expected that the dollar prices would record a new rise with the start of budget projects, while he confirmed that the rise does not affect commodity prices in the local markets only, but also major service projects.

Al-Shammaa told “Baghdad Today” that “the rise in the exchange rate of the dollar and the fluctuation of its prices is not limited to the local market and raising the prices of foodstuffs and commodities only, but also extends its impact on the implementation of service and strategic projects,” noting that “economic instability has many consequences.”

He added, “We expect that with the start of implementing large service projects in Iraq after the budget enters into force, there will be a new rise in the exchange rates of the dollar, as exchange operations in the market and demand and supply operations will have an impact on the rise again, and this may appear during the next few days.”

More news….

SHANKALI OPENS FIRE ON THE GOVERNMENT REGARDING THE DOLLAR: THIS IS HOW CAMELS ARE SUPPLIED!

Yesterday, Sunday, a member of Parliament attacked the Iraqi government and the Central Bank of Iraq because of their failure to control the exchange rate of the dollar.

Majid Shankali said in a tweet, what he reads, that the government is completely unable to control the exchange rate of the dollar against the dinar, despite all the packages of measures launched by the Central Bank, and on the contrary, the measures taken by the government against some currency traders have increased the complexity of the scene and negatively affected the movement of the market is so that they have the right to say, this is how the camels are supplied.

More news….

MP HUSSEIN MOANS STRESSES THE NEED TO PUT AN END TO THE WINDOW OF SELLING CURRENCY

Information / Baghdad.

A member of the parliamentary finance committee, Hussein Munis, stressed on Sunday the need to put an end to the window of selling currency in Iraq, describing it as the one-eyed American policeman.

Moanis said in a statement received by Al-Maalouma that “the three reform packages launched by the Central Bank of Iraq have proven to be a failure in the framework of reducing the turmoil of the dollar market.”

He added that “the reform packages, after their failure, have become an end to the (window of selling currency), because they have become just (a one-eyed American policeman who sees only Iran), which made the Central Bank not entrusted with monetary policy in the country.” 

(This is a WOW!!! article. It took them long enough to see what we have seen for almost a decade now. 😊. But I reality they too know what they must do but pressures from the US in keeping them still under the sanctions of Chapter VII when in FACT they have already been fully released. Go figure. This is what we have read in multiple other articles lately. It is slowly coming to a head with the US. They must release Iraq from the sanctioned process of dealing with the dinar. We know it and Iraq knows it, the only solution to get rid of the dollar is to make the dinar stronger than the dollar and to use the dinar internationally to import goods and services into Iraq. We know the value is in the dinar and so why delay the process any longer.)

More news….

IRANIAN FOREIGN MINISTRY: A BLACK SPOT IN OUR RELATIONS WITH IRAQ MUST BE REMOVED WITHIN A MONTH

On Monday, a spokesman for the Iranian Foreign Ministry announced that the Iraqi government had pledged to disarm “opposition” armed groups in Iraq by September.  

In a press conference followed by “NAS” (August 28, 2023), the Iranian Foreign Ministry spokesman, Nasser Kanaani, said, “Our position is clear regarding America’s behavior in the region. The American presence is absolutely illegal.”

(The “black spot” is the US in Iraq. Of course Iran does not want the US in Iraq and it doesn’t take a rocket scientist to see why. They want Iraq as a full puppet state of Iran and the US is the only obstacle preventing it.)

More news….

PARLIAMENT RULES OUT PASSING THE OIL AND GAS LAW DURING THE CURRENT LEGISLATIVE TERM

Despite the resolution of the majority of the articles of the oil and gas law, the articles related to the management of oil fields are still a point of contention between the political forces, which would delay the passage of the law during the current legislative term, according to representatives.

There are no new developments surrounding the oil and gas law that has been stalled for years, as it is still in the process of political meetings that have delayed sending it to Parliament, which is unlikely to reach the enactment of legislation during the current season.

The law that serves all oil-producing governorates in terms of wealth distributionrequires the participation of experts and specialists in the meetings around it due to its maturity, with the need to remove the political agenda from a parliamentary point of view.

(They are NOT talking about wealth distribution directly to the people. They mean distribution of oil funds to run the governments of the provinces. Get it? Stop your thinking that they are going to load some card with money for the people from oil revenues. This is will NEVER happen in Iraq.)

BY MNT GOAT

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