Friday, January 24, 2025

Al-Awadi denies accusing the regional government of obstructing the amendment of the oil export appeal article, 24 JAN

 Al-Awadi denies accusing the regional government of obstructing the amendment of the oil export appeal article

The spokesman for the Iraqi government, Bassem Al-Awadi, denied what was stated in the statement of the spokesman for the Kurdistan Regional Government by obstructing the representative of the federal government in the House of Representatives amending the article on the procedures for resuming oil exports from the region.

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Al-Awadi said, in a statement that {Al-Furat News} received a copy of it, that: “Based on the government’s keenness on transparency and the disclosure of citizens on the course of its executive work, especially with regard to the issue of the budget, which is a fundamental pillar for the implementation of the commitments contained in the government program,” stressing “the government’s commitment to the amendments sent to the House of Representatives regarding the budget law, which takes into account the supreme national interest.”

He stressed that “the representative of the government in the House of Representatives stressed the need to make no other amendments to the budget law that violate the texts submitted by the Council of Ministers,” denying “what was stated in the statement of the spokesman for the Kurdistan Regional Government of Iraq,” saying, “We are surprised by the claim that the representative of the federal government in the House of Representatives obstructed the amendment of the article on the procedures for resuming oil exports from the region.”

Al-Awadi stressed “The importance of the Kurdistan Regional Government of Iraq’s commitment to the provisions of the articles of the Federal Budget Law, including the delivery of financial revenues, both oil and non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court.”

The government spokesman concluded by saying that “commitment to these measures is a necessary step to solve the problems related to this file and strengthen cooperation between the two sides, and the federal government hopes from the esteemed House of Representatives to speed up the approval of the amendment according to the text approved by the Council of Ministers, in the interest of Iraq, all of Iraq.”

The spokesman for the Kurdistan Regional Government announced on Thursday in a statement his government’s rejection of the proposal to amend the article on the resumption of the region’s oil in the federal budget submitted by the representative of the federal government in the House of Representatives.

He also accused the Iraqi House of Representatives of not approving the draft law in the form agreed at the last moments, due to the submission of the representative of the federal government in the House of Representatives a different proposal to the Council alone, without prior consultation with the Kurdistan Regional Government, and without presenting it to the Federal Council of Ministers for a vote on it, which is contrary to the decision of the previous Council of Ministers regarding the approval of the draft amendment to the law for the purpose of resuming the export of oil from the Kurdistan Region. I’ll say it

He also announced the full rejection of the Government of these procedures and proposals, while stressing the need to present the agreed draft law, approve it by the Federal Council of Ministers and vote on it.

https://alforatnews.iq/news/العوادي-نؤكد-التزام-الحكومة-بالتعديلات-التي-أرسلت-إلى-البرلمان-بشأن-قانون-الموازنة

AJ : 🇮🇶 Article 12 of the Budget Law is dead in the water again!!!, 24 JAN

 AJ

🇮🇶 Article 12 of the Budget Law is dead in the water again🔥 The Kurdistan Regional Government announced, today, Thursday, its rejection of the proposal to amend Article 12 of the budget submitted by the representative of the federal government in the Council of Representatives. The spokesman for the Kurdistan Regional Government said in a statement that.
"After a series of meetings and persistent efforts aimed at amending the federal general budget law by the Council of Representatives with the aim of resuming the export of the region's oil, and after completing the first and second readings, unfortunately, the draft law was not approved in the agreed-upon form at the last minute."
He added, "What increased our surprise was that the representative of the federal government in the House of Representatives submitted a different proposal to the Council alone, without prior consultation with the Kurdistan Regional Government, and without presenting it to the Federal Council of Ministers for a vote,

which contradicts the previous decision of the Council of Ministers regarding the approval of the draft law amendment for the purpose of resuming the export of oil from the Kurdistan Region."
He continued, "Such attempts only serve to harm Iraq, and contribute to deepening crises instead of finding effective solutions to them," announcing "the government's complete rejection of these measures and proposals," stressing "the necessity of presenting the agreed-upon draft law and approving it by the Federal Council of Ministers and voting on it."
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EXCERPTS FROM MARKZ: A number of international sources say today it is ON!! @DINARREVALUATION

 


Sudanese adviser praises the decision to reduce Iraq’s security level: The country has become an attractive environment for investment, 24 JAN

 Sudanese adviser praises the decision to reduce Iraq’s security level: The country has become an attractive environment for investment

Baghdad – Mil

Prime Minister Hussein Allawi’s adviser confirmed on Thursday that the United Kingdom’s decision to downgrade Iraq’s security level confirms the path of the stable state, and that the country has become a stable, safe and attractive environment for investment.

“Prime Minister Mohammed Shia Al-Sudani’s visit to the United Kingdom reflected the progress of Iraqi-British relations at the economic, security, political, educational and cultural levels,” Allawi told the official media.

He added that “the decision of the United Kingdom to downgrade the security level classified Iraq as a stable, safe and attractive environment for investment and tourism, as Baghdad is the capital of Arab tourism for 2025, as well as the capital of sports and youth for 2025, as well as the proximity of hosting the Arab Summit for 2025,” adding that “Iraq needs its fairness in terms of classifications and this is what a prime minister succeeded after the great progress in the economic, social and security climate.”

He continued, “This classification indicates that the country is towards a new path after two years of the success of the government in working to move the country to an advanced stage that countries, especially the major major countries, especially the major countries, including the United Kingdom, have now begun to respond to reconsider the ratings they provide to their citizens towards Iraq.”

The Prime Minister’s adviser explained that “this is the natural path of the stable state movement that confronted terrorism, triumphed over it, built stability and adopted long-term stability for economic and social prosperity for a better life for Iraqis.”

https://miliq.news/political/41754–.html

TIDBIT FROM CLARE, 24 JAN

 Clare 

 [Community comment to Clare 1-22-2024 Auction Article below] 

 "IMO the math used here isn’t what we can be excited about.  1250 Dinar is definitely better than the official rate of 1310 Dinar to the $ But if you take the old Dinar 1250 of them and trade them in for 1 new Dinar...1 million Dinar is equal to $800...

 YOU ARE NOT IN IRAQ EXCHANGING!  HOW

DID YOU MISS THIS PART? Making the value of one dinar equal to one dollar... FOLLOW UP QUESTION "now I’m more confused, so if I’m an Iraqi citizen.. .I have to accept it at 1250 old dinar for 1 new dinar. But if I’m not in Iraq I can trade it 1 for 1...?"

  ON FOREX SUPPLY AND DEMAND WILL INCREASE VALUE EXTERNALLY...IN IRAQ THEY WILL ONLY USE DINARS.  WHY DON'T YOU UNDERSTAND "A DINAR IS EQUAL TO 1 DOLLAR" 
(IF IT STARTS OUT THAT WAY)  AND THEN IT STARTS TRADING ON FOREX? THE VALUE WILL GO UP FROM THERE.  IF THEY DO IT THIS WAY...

FIREFLY: THEY WILL COEXIST!! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 


Industry Announces The Start Of Work On The Electronic Trademark Registration System, 24 JAN

 Industry Announces The Start Of Work On The Electronic Trademark Registration System


Ministry of Industry and Minerals  Money and business  Economy News – Baghdad  The Ministry of Industry and Minerals announced, on Wednesday, the launch of the electronic trademark registration system, while indicating that the system will contribute to shortening time, accelerating procedures, and reducing errors.

The ministry's spokeswoman, Dhuha Al-Jubouri, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "in implementation of the government program and after the Minister of Industry and Minerals, Khaled Battal Al-Najm, announced the start of work on the electronic registration system for trademarks through the Ur electronic portal for government services and to simplify procedures, all beneficiaries of the services of the Trademark and Commercial Data Registration Directorate must use the electronic system and abandon paper work,

" calling on "all satellite channels to register the name of each satellite channel in the Trademark Registration Directorate to guarantee the rights to the name and logo of each satellite channel."

She added that "the ministry has taken its first steps towards digital transformation by completing the digitization of 100,000 files through intensive self-efforts with the use of artificial intelligence and according to specific technical mechanisms and solutions to reach an accurate image of the trademark and then move to electronic examination of the trademark."

She pointed out that "this matter will contribute to shortening time, accelerating procedures and reducing errors."    https://economy-news.net/content.php?id=52205


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