Iraqi News Late Friday Morning 4-8-22
Iraqi News Late Friday Morning 4-8-22
TLM724 Administrator BondLady’s Corner
Specialists Suggest Solutions To Reform The Iraqi Economy
Investigations and Reports 03-29-2022, 11:17 Baghdad - INA - Karar Khalil
Experts and specialists emphasized the priorities of economic reform for the year 2022 by developing an economic vision to be developed according to contexts capable of practical implementation, stressing the need to develop the private sector and revitalize the financial banking sector.
In this regard, the writer Hamza Mustafa told the Iraqi News Agency (INA): "Any economic vision needs to be crystallized according to contexts in order to implement it and transfer it from the theoretical framework to the practical framework," noting that "such a vision can only be implemented by examining ideas and determining paths and how we can implement them.
Hamza explained that "there is a vision put forward by the former Minister of Electricity Louay Al-Khatib that can be implemented starting from 2022 until 2030, during which the path of the economy can be transformed from a rentier economy to a productive one."
In turn, Duraid Khaled Zidan, a member of the Iraqi Economy Alliance, confirmed to the Iraqi News Agency (INA) that "the development of the private sector is necessary by finding alternative solutions to the rentier economy, as well as by revitalizing the financial banking sector," noting that
"the financial sector is useless due to the lack of International investors and international banks inside Iraq, and that
most Iraqi banks are banking that participate in the currency auction with the absence of development.
He stressed, "the importance of having reform plans that adhere to all these joints and take the initiative to solve the problems of the private sector."
For his part, the researcher in economic and political affairs, Mortada Al-Tamimi, explained to the Iraqi News Agency (INA) that "what is happening today in terms of the oil price boom needs real management and specialists in the fields of oil investment and non-oil investment to benefit from this increase well," noting that
""Iraq is a consumer country, not a producer, and oil must be invested appropriately by contracting with economic experts in the field of economy and development,
and on this basis it is possible to create this balance that would put the Iraqi economy on the desired growth path.
The researcher in international relations, Dr. Saadoun Al-Saadi, told the Iraqi News Agency (INA) that "the person responsible for the Iraqi economy should not take any decision before discussing what consequences it will have, because the state suffers not only from a lack of resources, but from a lack of organization of these resources."
Therefore, there must be a rational administration capable of developing a solid economy by moving from an oil rentier economy to a diversified economy, and
instead of importing foodstuffs from neighboring countries, factories are built to produce these materials locally and to save money from attrition. https://www.ina.iq/152392--.html
Research Competition
April 07, 2022 Research Competition The Bank's Banking Studies Center announces the launch of a research competition for (amendment to anti-money laundering and terrorism law), according to the following determinants:
1 - Class covered: Researchers from universities and professional institutions (public and private), as well as law specialists from all institutions.
2 - Conditions of research: -
- The research is for the first time and not published previously, and includes solutions and proposals that pour into the theme of the competition.
- The font type used in the search print (TIMS NEW ROMAN).
- The line size (16) is for the main addresses and (14) to write.
- The number of pages (20-35).
- The search is printed with three copies with a printed copy on a CD (CD).
3 - Topics required in the Contest: -
- The most important international developments in anti-money laundering and terrorism financing.
- Actions to combat money laundering through electronic payment.
- Law relationship to the work of the banking system with anti-money laundering law.
4. The deadline for receipt of research summaries is 1/9/2022 and the last date for receipt of final research is 1/11/2022.
5. Research participating on a scientific committee was subjected to a problem for calendar purposes and informs researchers with the decision of the Committee later.
6. The researcher who accepts his research is not entitled to publish in any other magazine or other.
7. Awards for the first three research will be allocated in the competition.
8. A festive will be established to discuss selected research and honor the winners at a time later.
9. - You can contact us on the phone and e-mail number below: - 077303332
The Central Bank Of Iraq Hosts Uruk University Students
April 06, 2022 Today, Wednesday, the Center for Banking Studies at the Central Bank of Iraq organized an introductory symposium for the students of Uruk National University on the history of the Central Bank, its laws, and its role in the Iraqi economy.
The symposium was attended by the Deputy Governor of the Central Bank of Iraq, where he was exposed to the history of the emergence of the Central Bank and the stages it has gone through since its inception to the recent years and the challenges it has faced, as well as recent developments in its work mechanisms.
The Director General of the Center for Banking Studies also spoke about the Central Bank of Iraq's trends in supporting young graduates and job seekers through the initiatives granted by the Bank by granting them loans for small projects they wish to implement.
Central Bank of Iraq information Office https://cbi.iq/news/view/1981
Parliamentary Finance Sets The Appropriate Price For A Barrel Of Oil In The 2022 Budget
Economie Yesterday, 17:40 Today, Wednesday, the Parliamentary Finance Committee set the appropriate price for selling a barrel of oil within the draft federal budget law for 2022, while indicating that the Food Security Law will address the problem of delaying the approval of the budget.
A member of the committee, Mishaan al-Jubouri, said in a statement to the Iraqi News Agency (INA), that "setting 75 dollars as a price for one barrel of oil within the budget is logical in light of the rise in the markets."
He added, "Any talk about reducing the price of the dollar against the dinar is not economic, and the government, the Minister of Finance and the Central Bank believe that it poses a long-term danger to the Iraqi economy, and this is something that never happens."
He pointed out that "the defect in the delay in approving the budget will be addressed through the Food Security Law, which is being discussed now within the Parliamentary Finance Committee," noting that
"the goal of this law is to provide all emergency funds that the government cannot use and spend on them according to the 1/12 system." .
He added, "The coverage of that money is done from the financial abundance due to the rise in oil prices.
It goes to the fund in which 25 trillion or a little less will be placed, and the other part goes to repay the public and private debt." https://www.ina.iq/153072--2022.html
Oil Minister: Efforts To Maximize Revenues In The Fastest Way
Economie Yesterday, 15:36 Baghdad – conscious Today, Thursday, Oil Minister Ihsan Abdul-Jabbar confirmed the existence of efforts to maximize oil revenues, while noting that there is parliamentary support to enhance Iraq's ability to export the largest amount.
Abdul-Jabbar told the Iraqi News Agency (INA), that "the ministry has the possibility to secure crude oil exports at a rate of more than 3 million and 300 thousand barrels from the southern outlets."
He explained, "The expected financial returns according to the scenarios presented by international energy agencies and researchers will be in excess of what was approved of the price of a barrel in the budget,"
expressing his hope "in the ability to provide revenues in the appropriate amounts in order to meet the necessary need in the field of supporting the poor classes." And the Ministry of Electricity and the fulfillment of its entitlements to its employees, as well as imported fuel and electricity.”
He pointed out, "The ministry's endeavor to maximize revenues in the fastest way in a manner that maintains the stability of the energy market and Iraq's share in the global market," noting that
"the Chairman of the Finance Committee Hassan Al-Kaabi and a number of deputies are supportive of these data in order to enhance Iraq's ability to export the largest amount of oil and strengthen its position." real energy market.
Abdul-Jabbar expressed his optimism about the continuation of the rates of increase in oil prices by the end of this year. https://www.ina.iq/153141--.html
Amid The Absence Of Government Support.. Calls To Revive The Breeding Of Purebred Iraqi Horses
Wednesday, 6 April 2022 11:38 PM National News Center / Special Although the Iraqis’ interest in rooting their horses, their lineage, preserving their purebred Arabian blood, and the development of the horse industry in its rural clan surroundings has evolved in line with contemporary life, horse breeding has gone through many stormy periods.
Jaafar Al-Wanan, Chairman of the Board of Trustees of the Iraqi Media Network, explained the importance of restoring interest in Iraqi horses, telling the National News Center, “Iraq possesses a distinguished wealth of purebred Arabian horses, which requires exceptional government support for horse stables in the country and the establishment of more than one equestrian club in the country. Governorates and work on restoring the Arabian horses that (feared) in 2003 as a purebred and rare Arabian horse, with the need to pay attention to this sport as a type of important sport for young people.”
Iraq established basic and practical studs that played a major role in maintaining, improving and continuity of the Arabian horse industry in Iraq, including the Al-Ukailat Stud, the Kahilat Al-Agouz Stud, the Al-Saklawiyat Stud Al-Jadraniya, the Kahilah Al-Anz and many other studs that caused the entry of horse races in the eighties without foreign blood entering them, but these The races were negatively affected after 2003 like the whole of Iraq, and it is currently trying to regain a part of what it gained before this year, while the period from 1992 until 1998 AD is the most difficult period for the horse industry in Iraq, and during this period the number of horses decreased terribly due to weak races And there is no official export abroad.
This opinion is agreed by Dr. Nour Muhammad from Hilla, who has two children, the eldest of whom is 12 years old, and who is trying to teach him to ride horses, especially since the city does not contain many activities that can occupy her children's time.
Nour told the National News Center, “Children learning to ride a horse can lead them to learn control and self-confidence, in addition to being a sport from the ground up, even if it is practiced one day a week or more, but it remains an enjoyable sport that connects the links between Children and purebred animals such as horses.
With the emergence of several animal reserves, including horses throughout Iraq, the official of the Future College Reserve in Babylon Governorate, Eng. Zaid Al-Shawka, said, “The project is entirely tourism, and in addition to tourism, it aims to preserve the purebred Arabian horse breed and encourage students to acquire it,” describing the demand for students of both sexes, males. And females, riding horses and caring for them is excellent.
Engineer Zaid talked about the types of horses in the reserve as “seven horses, including an old Kahila mare, an Egyptian mare, pure blood, a camel line, a Hamdaniya mare, an Egyptian camel line, an Egyptian camel line, an old man, in addition to a Helwan mare from the old Kahilah al-Haliwat, one of the purebred Arabian horses and one of the endangered breeds.”“.
He also said that the reserve witnessed several births from within horses, especially as it embraces the most famous types of horses, Helwan, which is considered one of the rare and endangered horses.
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