Transportation: We are working to attract international airlines, 19 NOV

 Transportation: We are working to attract international airlines, 19 NOV

Information/Baghdad.The Ministry of Transport announced on Sunday that it is working to attract international airlines and increase the use of space corridors in Iraqi airspace.

The director of the ministry's media office, Maytham al-Safi, said in a statement seen by Al-Maalouma that "the ministry is working on preparing an integrated plan to attract international airlines and increase the use of space corridors in Iraqi airspace, in order to maximize revenues and supplement the general budget of the state, as well as activating the economic aspect in this field in line with its orientations to the need to develop cadres according to the government program.""

The General Company for Air Navigation, being the body responsible for monitoring and managing Iraqi corridors and airspace, has done all its measures to develop its staff, navigation infrastructure and human resources to provide the best services to international and local airlines and enhance air safety for aircraft crossing Iraqi airspace and departure, in accordance with international standards and within the requirements of the Civil Aviation Organization, " al-Safi said.

He explained that "the Ministry is committed to all the merits and recommendations issued by international organizations in the field of civil aviation, within the countries of the Middle East, to secure safer air traffic in Iraqi airspace, in addition to upgrading work by improving the quality of air services it provides and gaining the confidence of air and international navigation, noting at the end of his speech that work is still underway in the project of new air corridors linking with the State of Kuwait, by conducting calculations for the design and modernization of the map of Iraqi air corridors." 

This more good news don pay attention to the numbers Iqd BY NADER FROM MID EAST

"RV UPDATE" BY JEFF & RAYREN98, 19 NOV

 Jeff 

 The reason why there's no news coming out of Iraq is because Iraq is done with everything.  They finished everything needed to revalue.  They're ready to revalue but they can't and they're not going revalue immediately because they have to clean up corruption.  Article:   "Al-Halbousi faces 4 criminal charges after the end of his presidency" Boom!... Halabousi is going to be facing 4 criminal charges.

 In order for the 2023 budget to be implemented Iraq needed to have publicly posted in the Gazette the budget operating instructions.  They never did that.  That step never happened... Iraq has not implemented its '23 budget that's why they have to resort to financing salaries and have done so since July...If they had an active budget they would not need to  finance.   

RayRen98 

  [via Babysmom]  ...THIS MORNING "3 LTR GUYS SAY THEY ARE NOT SURE IF WE WILL SEE "IT" THIS MORNING OR LATER TODAY AFTER THE MARKET OPENS...BUT THEY ARE DEFINITELY THINKING "TODAY".. TIME WILL TELL"; "... "ALL IS READY, AND WE JUST GOT THE (GO) SIGNAL. ALL SYSTEMS READY...NO HOLD UPS IN SIGHT.TIME WILL TELL".

Iraq’s Federal Court Rules on Election Law: A Turning Point in Iraq’s Politics, 20 NOV

 Iraq’s Federal Court Rules on Election Law: A Turning Point in Iraq’s Politics

In a defining moment for Iraq’s political landscape, the Federal Court has rendered a decision on a lawsuit filed by the Patriotic Union of Kurdistan (PUK). The lawsuit, centered around the parliamentary election law, could recalibrate the balance of power within the Iraqi Parliament and shape the course of future elections. The PUK, a pivotal political entity in the Kurdistan region of Iraq, likely challenged aspects of the election law perceived as inequitable or detrimental to its interests. While the court’s decision’s specifics remain undisclosed, its ripple effects will undoubtedly captivate political factions and voters across Iraq.

Termination of Parliament Speaker’s Membership

The Federal Supreme Court’s decision, delivered on Tuesday, November 14, has led to the termination of the Parliament Speaker, Mohammed Al-Halbousi’s membership. This drastic action follows ‘forgery’ allegations tabled by MP, Laith Al-Dulaimi. The ruling is binding for all authorities and leaves no room for legal appeal, underscoring its finality and weight. As a result, the quest for a new Speaker of the House is on the horizon, although the official nomination process has yet to kick off.

Implications for Iraq’s Political Landscape

Given the significant role of the Speaker of the House, this move could trigger a seismic shift in Iraq’s political landscape. It directly relates to the ‘Iraq Court rules on election law’ topic, amplifying its relevance and potential ramifications. The court’s decision, clear in its intent and unambiguous in its enforcement, signals a new chapter in Iraq’s democratic process.

Eyeing the Vacant Seat

Amidst this political turbulence, Issa Al-Issawi, a leading figure in the al-Siyada Alliance, has hinted at the possibility of his appointment to the Iraqi Parliament to fill the seat left empty by the ousted Council Speaker, Mohammed al-Halbousi. Like before, any move in this direction will be closely watched, as it could further influence Iraq’s evolving political narrative.

https://bnn.network/politics/iraqs-federal-court-rules-on-election-law-a-turning-point-in-iraqs-politics/

Iraqi PM Chairs Meeting on Oil Projects; Emphasises on Bilateral Energy Ties, 20 NOV

 Iraqi PM Chairs Meeting on Oil Projects; Emphasises on Bilateral Energy Ties, 20 NOV

In a significant move demonstrating the government’s unswerving commitment to Iraq’s economic development, Prime Minister Mohammed Shia’ Al-Sudani presided over a crucial meeting. The agenda was to scrutinize the progression of projects falling under the purview of the Ministry of Oil. The meeting underscored the vitality of the oil sector to Iraq’s economy and the government’s earnest dedication to evolving its energy infrastructure.

Discussion on the Progress of Oil Projects

The meeting was an extensive discussion about the status and advancement of various oil-related projects integral to the country’s economic growth. The objective was to ensure that these projects are progressing as per the planned timeline and to address any issues that could potentially delay their completion. The Prime Minister’s involvement in such a detailed review signals the high priority accorded to these projects by the Iraqi government.

Strengthening Bilateral Energy Ties

As part of the meeting, the oil minister of Iran and the electricity minister of Iraq highlighted the necessity for enhancing bilateral ties in the field of energy. This discussion underlines the strategic importance of collaborative energy partnerships for Iraq’s energy sector development. Such partnerships could provide a robust platform for the country to leapfrog its energy infrastructure, thereby fueling its economic growth.

Commitment to Banking Reforms

In addition to the focus on the oil sector, the Prime Minister also led a meeting on Tuesday to monitor the progress of banking reforms. These reforms are expected to streamline the financial sector, thus further bolstering the nation’s economic growth. The Prime Minister’s proactive engagement in monitoring these reforms indicates the government’s comprehensive approach to economic development, with a keen eye on both energy and financial sectors.

https://bnn.network/breaking-news/economy/iraqi-pm-chairs-meeting-on-oil-projects-emphasises-on-bilateral-energy-ties/

Iraq's Long-Awaited Membership EBRD Welcomes 74th Shareholder, Hinting a...

"RV UPDATE" BY PIMPY, 19 NOV

 Pimpy 

 Article: "Iraqi banks begin straightening their accounts in UAE dirhams next week"  There you go next week they start a different currency swap.  This one is now going to be with the UAE.  They're currently working on India as well...This is...necessary for them to do business with one another...

These currency swaps can start happening but in order for us to see any real results it's going to take at least the rest of the year for this thing to get ironed out and implemented...The end of the first quarter of 2024...we'll start to see some results.

Without a doubt these last few months for Iraq have seemed very good.  They're heading in the right direction.  They're doing all the things necessary to be accepted back into the International community.  Little by little they're gaining back privileges that they didn't have before.  Before long they'll have their own sovereignty.  We know they are  currently working on the ascension into the World Trade Organization.  

We know now their banks are able to do international foreign exchange transfers into the bank and other countries are doing currency swaps with them.  The good news doesn't end there...  

The thing that's disgusting about the Vietnam dong is it appears they are comfortable and content with leaving the rate low...