Wednesday, December 11, 2024

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The United Nations Renews Its Full Support For Iraq In Restoring Its Sovereignty And Full Control Over Its Territory, 11 DEC

The United Nations Renews Its Full Support For Iraq In Restoring Its Sovereignty And Full Control Over Its Territory

Monday 09 December 2024 20:53 | Politics Number of readings: 108 Baghdad/ NINA /The United Nations mission renewed its full support for the Iraqi government and people in regaining sovereignty and full control over its territories and achieving stability and sustainable development.

The mission stated in a statement issued on the occasion of Victory Day that "On December 10, Iraq celebrates Victory Day, in commemoration of the liberation of its lands from the control of the terrorist organization ISIS.

The statement indicated that "this day represents an important national milestone in which the country recalls the great sacrifices made by the Iraqis to restore their land and establish security and stability throughout the homeland.

" It added, "Victory Day, in addition to being an occasion for heartfelt congratulations, comes to emphasize the need to preserve the gains achieved thanks to the efforts of everyone here in Iraq in addition to their partners from around the world. It also represents a call for everyone to strengthen national unity and joint action for a strong Iraq capable of facing challenges and free from the tensions and conflicts that are plaguing the region."

It continued, "On this occasion, we also appreciate the achievements made since the field victory over terrorism, and call for continued work to rid Iraq not only of the remnants of ISIS, but also of all forms of extremism and fanaticism. We look forward to an Iraq in which everyone enjoys security, peace, respect for human rights and the rule of law, and to turning the pages of the painful past forever by promoting reconciliation."

" Nationalism, ensuring the preservation of gains, focusing on what unites the word and unifies the ranks, and staying away from areas of division and division, including controversial topics that do not contribute to strengthening the unity of the fabric of society and the cohesion of its components."

She said, "Our hope is great that the joy of victory will be complete with the return of all those forcibly displaced due to this conflict to their homes with dignity and safety, and when all Iraqi citizens are returned from Al-Hol camp in northeastern Syria and integrated into society.

She appreciated the great efforts made by the Iraqi government, with the support of the UNAMI mission and the team of United Nations organizations working in Iraq, in these files in particular. "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens." / End

https://ninanews.com/Website/News/Details?key=1173769

MILITIAMAN CC HIGHLIGHT NOTES, 11 DEC

MILITIAMAN CC HIGHLIGHT NOTES

Summary

Iraq is advancing towards a robust private sector, supported by partnerships with organizations like the World Bank and IMF, aiming for economic growth and youth engagement.

Highlights

🌱 Iraq is embracing the private sector, fostering economic growth and development.
👩‍🎓 Youth engagement is crucial, with programs to empower young people through volunteering and innovation.
🤝 Partnerships with global firms like LG show a commitment to quality and international trade.
📊 Legislative changes, including the pension law, are pushing workers towards the organized private sector.
📈 The private sector is expected to double in participation, enhancing job opportunities.
💵 Localization of salaries aims to ensure timely payments and economic stability for citizens.
🌍 Iraq’s transition to a market economy is supported by international organizations, signaling a move away from oil dependency.

Key Insights

🚀 Private Sector Growth: Iraq’s shift towards a private economy reflects a strategic move to diversify its financial base and reduce reliance on oil revenues, fostering long-term sustainability.
👩‍💼 Youth Empowerment: With nearly half the population being of working age, initiatives focusing on youth engagement are essential for building a skilled workforce capable of driving innovation.
🌐 International Partnerships: Collaborations with organizations like the World Bank and IMF are crucial for providing expertise and financial support, facilitating a smoother transition to a market economy.
📜 Legislative Changes: Recent laws, such as the pension and workers guarantee law, are vital for creating a structured labor market that attracts young talent to the private sector.
🔄 Economic Diversification: The emphasis on non-oil revenue streams illustrates Iraq’s commitment to a balanced economy, which is essential for resilience against global oil price fluctuations.
⚖️ Transparency and Accountability: The focus on e-governance and financial oversight aims to curb corruption and promote efficient use of public funds, fostering trust in the government.
📊 Investment Opportunities: With thousands of projects in the pipeline, Iraq is positioning itself as an attractive destination for foreign investment, promising growth and development across various sectors.

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Minister Of Communications: We Launched Free Internet Service For Schools, 11 DEC

Minister Of Communications: We Launched Free Internet Service For Schools

Iraqi school Money and business Economy News – Baghdad Minister of Communications Hiyam Al-Yasiri announced on Monday the launch of a free internet service for schools.

Al-Yasiri said in a statement, which was reviewed by "Al-Eqtisad News", that "the Ministry of Communications, represented by the General Company for Communications and Information Technology, has obligated Earthlink, as the largest internet service provider in Iraq, to provide schools with free internet via FTTH optical cable."

She added, "This came in implementation of the National Service Government and the Ministry of Communications program to provide subsidized internet to schools, and to achieve the government's priorities in digital transformation and keeping pace with technological development and the artificial intelligence revolution." Views 46 12/09/2024 https://economy-news.net/content.php?id=50706

DINAR REVALUATION REPORT: It seems that the government really do want to proceed without the House of Representatives, 11 DEC

DINAR REVALUATION REPORT

It seems that the government really do want to proceed without the House of Representatives.

Another article came out about an hour ago where the government were mildly criticizing parliament .

They want to do this without them since they are causing delays ...

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Parliament and government.. a race with the 2025 budget

the 2025 budget schedules in Iraq are witnessing a delay that is causing widespread controversy between the government and parliament, as the government has not yet sent the full details of the budget to the House of Representatives, which has raised concerns among members of the parliamentary finance committee about the deadline for approval.

The statements indicate that the reasons for the delay are related to reviews of financial schedules, especially those related to oil extraction expenses in the Kurdistan Region and the costs of projects funded in 2025.

The Financial Management Law requires the government to submit the general budget to the Council of Representatives 45 days before the beginning of the fiscal year, in order to allow the necessary time to discuss and approve it. Despite the clarity and explicitness of the legal text, no Iraqi government, including the current government, has committed to implementing this entitlement.

Speaking about this file, member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, revealed the existence of legal and constitutional violations by the government in sending the budget law to the House of Representatives.

Al-Karawi said in a statement to Al-Maalouma Agency, "Article 77, paragraph two of the Federal Triennial Budget Law indicated that the government must send the budget tables before the end of the fiscal year," indicating that "the government sent only one amendment to the text of the budget, which is the text of Article 12 related to the costs of extracting oil in the region."

He added, "Not sending the schedules on time is considered a legal and constitutional violation, and if the government proceeds with amendments to the articles, there are many articles that need to be amended and to be fair to many groups," adding, "We recorded all of these observations in the session last Tuesday during the first reading of the amendment to the budget law."

He explained that "his committee is working on re-amending the budget law and sending it to the government to work on general amendments to the law so that it is fair to all segments of society and addresses the problems in the previous budget."

In addition, member of the Parliamentary Finance Committee, Hussein Mounes, revealed that the budget amendments are subject to political amendments, not technical ones.

In a statement to Al-Maalouma Agency, Mounes said, "The government has a point of view in resolving the issues with the region and limiting oil smuggling operations by increasing production costs by $16 per barrel."

He added, "During the discussion of the proposal, we raised several questions: Why was $16 set? Is it a technical or political consensus number?"

He pointed out that "the Parliamentary Finance Committee hosted the concerned parties and they confirmed to us that the issue is political and not technical."

He explained that "the government's proposal is to form an advisory body, and in the event of non-compliance, a committee of consultants will be formed to determine production costs."

He pointed out that "the Finance Committee determined that the amount would be an advance granted to the region and that a settlement would be arranged later."

He added, "There are approximately 256 thousand barrels smuggled daily from the region with OPEC's permission. This file must be closed because it negatively affects government production," stressing that "the Finance Committee has reservations regarding the advances and loans granted to the region."

It is noteworthy that the House of Representatives previously hosted Prime Minister Mohammed Shia Al-Sudani and his deputies, the Minister of Planning, the Minister of Foreign Affairs, and the Minister of Interior, where the amendments to the budget for next year 2025 were discussed.

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