Iraq Economic News Highlights and Points to Ponder Friday AM 10-27-23


Iraq Economic News Highlights and Points to Ponder Friday AM 10-27-23

Representatives: The Political Agreement Paper Has Not Been Fully Implemented, And The Dollar Is Still Stronger Than The Dinar

Special Sumerian  2023-10-27 | Source:  Sumerian  71 views  The Sudanese government has completed its first year and has obligations in the political file that have not been implemented and pledges to address the confusing economic file due to the rise in the dollar.

A year has ended in the life of the Sudanese government, which was formed after crisis political events… after which it came with a government curriculum that included addressing many unresolved files. According to the representatives, there are projects that have not been completed and the dollar is still stronger than the dinar, which means the problems of the economic file will continue.

As for the political agreement paper that was brought by the current government, it still contains demands by political forces that set conditions within the paper that have not been implemented yet, most notably the general amnesty law.

The remaining life of the government has a long way to go, involving important and sensitive files at various levels, including economic and political ones. No success can be achieved except by implementing the commitments and pledges in the government program.  LINK

Analyst: There Is No Solution In Sight In The Dollar Crisis

Time: 10/26/2023 Read: 1,092 times  {Politics: Al-Furat News} Political science professor, Iyad Al-Anbar, believes that there is no solution on the horizon in the dollar crisis.

Amber said: For the program {Free Speech} broadcast by Al-Furat satellite channel this evening, it said: “This government of Prime Minister Muhammad Shiaa Al-Sudani has no opposition within Parliament or counter-forces. The current environment was not available to a former prime minister, and Al-Sudani is working comfortably under the framework of the state coalition.”

He added, “The Sudanese won the first round of successes by passing a budget for 3 years and also succeeded in containing the crisis in the relationship with the Kurdistan region, but there is no solution on the horizon to the crisis of the rise in the dollar.”

Al-Anbar stated, “The theft of tax deposits is clear and relates to the network of some of those whose names were mentioned and who came, and their file was arranged judicially and they were released, including Haitham Al-Jubouri. There is an incomprehensible contradiction in announcing those involved, and Hamdiya Al-Jaf is also involved in providing loans to personalities.”

He added, “In previous governments, no major corruption file has been opened until now.”

Al-Anbar stated, “Al-Sudani was more clear at the Cairo Peace Summit, unlike other countries, in rejecting the killing of the Palestinians and besieging them; but in this decision, he may have a position in visiting Washington, and the second aspect relates to the situation inside Iraq, and to this moment we do not know the developments of these matters.”     Wafaa Al-Fatlawi   LINK

Ministry Of Interior: Budgets Worth Billions, Suspicious Deals, And The Expulsion Of Officers Due To Corruption

By video   2023-10-26 | Source:  Sumerian  1,792 views  Despite its acquisition of more than 35% of the total allocations allocated to ministries and institutions, making it the third largest ministry in allocations after oil and electricity, the Interior Ministry complains of a shortage in the financial allocations granted to it.. Which raises major questions? Where do the Internal Affairs funds go? Is the official in the wrong place?    LINK

What Is The Truth About Iraq’s Loss Of More Than A Trillion Dollars Since 2003?

Information / Baghdad..Today, Friday, the first judge of the Integrity and Money Laundering Court, Iyad Damad, explained the fact that Iraq has lost more than a trillion dollars since 2003 through systematic theft, while confirming that the money laundering cases were carried out under the title of investment.

Damad said, in an interview with the official agency, followed by “Al-Ma’louma”, that “Iraq’s loss of more than a trillion dollars since 2003 through systematic theft is not true,” noting that “financial and administrative corruption caused the loss of large amounts of money that would have contributed to increasing development opportunities and advancing the development process.” Economy”.

He added, “The loss of public funds has many reasons, including those related to mismanagement and waste, including those related to embezzlement and theft,” pointing out that “the numbers of waste and theft are decreasing due to the governance and transparency policies that the Iraqi government and the competent agencies are working hard on.”

He explained, “The courts specialized in combating corruption in Iraq have the largest role in reducing the rates and extent of corruption,” stressing that “self-money laundering is the most common type of recording financial proceeds from criminal activities in its name.” LINK

Points To Ponder on Gratitude:

You must give some time to your fellow men. Even if it’s a little thing, do something for others -The great art of giving consists in this: the gift should cost very little and yet be greatly coveted, so that it may be the more highly appreciated.  Baltasar Gracian

Gratitude is born in hearts that take time to count up past mercies.
  Charles E. Jefferson (1860 – 1937)

Gratitude is not only the greatest of virtues, but the parent of all others.
   Cicero (106 BC – 43 BC), ‘Pro Plancio,’ 54 B.C

The excellence of a gift lies in its appropriateness rather than in its value. 
 Charles Dudley Warner (1829 – 1900), ‘Eleventh Study,’ Backlog Studies, 1873