"Delay Tactic" - Tues. AM KTFA Thoughts/News

KTFA

Don961 » December 5th, 2017

Frank ... DELTA .... what is our girl saying here ?? ...
the Budget was delayed to Parliament .... because the IMF was making adjustments to it @ the Amman meetings ?? ... What you said in CC ... imo

Al-Tamimi: Adopting the population standard in the budget of 2018 large governorates

Date of release: 2017/12/3 22:40

(Baghdad: Al-Furat News) A member of the Finance Committee Magda Tamimi, the adoption of the population census in the budget of 2018 large pockets of the provinces.

"The size of the budget amounted to about 104 trillion 103, which is a large size, but when it is distributed to the Iraqi provinces will be the weight of the feather," Tamimi told the program {boldly} broadcast by Al-Furat satellite channel.

She added that "the budget was supposed to come mid-October to it arrived in mid-November," attributed the reasons for delay "to the Commissioners with the International Monetary Fund in Amman to change the prices of oil and export it, only the deficit was large and to be reduced went to the prices closest to realism and disagreed here Figures in the budget ".

She pointed out that "the reliance on the criterion of population in the budget of 2018 and the adoption of the boycott in the provinces in which there is a great injustice to them." link

StephenMac63 » December 5th, 2017

If they keep postponing the budget every time the price of oil changes........lol, why even have a Parliament as they would never have anything to work with...... (hmmm, smells sort of a "Abadi Delay Tactic"

Samson » December 5th, 2017

Another one on the fair

Launch of the Basra International Fair with wide participation

5th December, 2017

Started in the province of Basra, the events of the oil and gas exhibition in Basra in its seventh session with the participation of local companies, Arab and international and the presence of oil ministers Jabbar al-Luaibi and Saudi energy Khalid Abdul Aziz al-Falih and continue for three days.

The governor of Basra, Assad Abdul Amir Al-Aidani, "a speech welcoming the Saudi Energy Minister and his companies," calling on Saudi companies to enter the investment sector in Basra. Expressing his gratitude to all the attendees and companies participating in Basra International Fair in its seventh session.

Saudi Energy Minister Khalid Abdul Aziz Al-Falih praised the Iraqi government's efforts to promote the Iraqi economy and invest its resources, pointing out that the Kingdom of Saudi Arabia looks forward to participating actively in the construction and development process in Iraq.

He explained that the Saudi pavilion at the exhibition involved 22 companies from the largest Saudi companies specializing in oil and gas.

He added that "Iraq and Saudi Arabia are seeking to develop development capabilities and build partnerships, in a strategy in the interest of the two countries, including oil and mineral resources.

"Cooperation between Iraq and Saudi Arabia enjoys the attention and patronage of the crown prince," he said, adding that important steps have been taken in the area of ​​cooperation between the two countries during the past two months.

He pointed out that the Saudi companies were urged to speed up the entry into the Iraqi market and the implementation of investments, pointing to the signing of 13 memorandums of understanding between Saudi and Iraqi companies for oil and gas, and the opening of an office of (TAQA) Saudi Arabia in Iraq.

"SABIC is in the process of reopening its offices in Iraq, and a committee has been set up to work on a giant project to connect the two countries," he said.

For his part, Oil Minister Jabbar al-Allaibi said in a speech that "Saudi Arabia's participation in this vital economic exhibition is a historic opportunity to establish a base for cooperation and establishment of joint projects between the two countries."

"The Iraqi government is keen to further strengthen relations with Saudi Arabia, and we are working hard to strengthen these relations."

"The oil and gas exhibition is attended by 110 companies, including American, Italian, Iranian, Turkish, Emirati and Egyptian. The participation of Saudi and Iraqi companies was the luck of the exhibition.

http://aletejahtv.org/permalink/194726.html

Kuwaiti oil minister: final meetings to resolve the final price of Iraqi gas

5th December, 2017

Iraq and Kuwait will hold a final round of meetings to agree on pricing in the two countries to agree on the final price of the gas to be exported from Iraq, the minister of oil and water minister said.

"I met with the Iraqi minister on the sidelines of the last OPEC meeting of the Organization of the Petroleum Exporting Countries (OPEC) recently held on the extension of the oil production reduction agreement and agreed to hold such talks," Essam al-Marzouq told Al-An Nahar.

Al-Marzouq added: "The Kuwaiti side is still waiting for Iraq's approval of the last offer that was presented."

On the impact of the initial agreement on the extension of the agreement on oil stocks, the Minister of Oil said that it is known that the first half of the year is generally little consumption, and increase in the summer or the second half of the year.

"With regard to inventory reduction expectations, according to the reports presented to the OPEC ministers, the goal of reducing production is expected to reach storage levels to the last five years in the last quarter of 2018," said Marzouq.

It is worth mentioning that the Kuwaiti side announced last October that it agreed to the Iraqi offer to export natural gas to Kuwait as part of the compensation due on it to be starting 50 million cubic feet and will reach 200 million cubic feet

http://economy-news.net/content.php?id=10018

Apmcrx » December 5th, 2017

Iraq .. between the fight against corruption and the requirements of economic reform

2017/12/5 10:03:48 AM

Iraqi Prime Minister Haider al-Abadi recently declared his new war on corruption, using the term "war" he said he "intends to endure the difficulties to achieve a productive policy in the fight against corruption." Abadi hopes to build on his success in the war against Saddam and the crisis with Kurdistan, Continuous.

International financial institutions and non-profit organizations, including the World Bank, the IMF and Transparency International, have always ranked among the world's most corrupt countries by noting the enormous damage to the Iraqi economy. In social media, raising the level of popular expectations and confusing observers how the new "war" will take place.

Iraqis, for their part, have different expectations on how to "fight corruption", and they have divergent views on international recommendations. However, the common understanding of the anti-corruption campaign includes complicating senior officials with complicity and reducing the increasing income inequality.

To make this credible, a serious effort must be made to reform the justice system, which itself suffers from corruption and politicization. But this will be a long process and requires careful management of popular expectations, which may also mean separating anti-corruption campaigns from electoral accounts that some believe are the driving force behind Ebadi's escalating speech against corruption. So far, the prime minister has managed to avoid popularly dubious acts of populism simply to meet legitimate public demands to combat rampant corruption.

The main challenge here is to find a vision that is compatible with the fight against corruption and the long requirements of economic reform, which sometimes include the implementation of less popular measures. For example, when international organizations agree on the urgent need to fight corruption, they also insist on other kinds of reform that the Iraqi political class is likely to consider too cumbersome.

For example, the World Bank and IMF are calling for public sector reform, which could include salary cuts and a reduction in the government workforce. It is clear that employment in public institutions has long been used by political parties as a care tool to increase their influence. But such demands are faced with unambiguous opposition by public servants, and most parliamentarians believe that such cuts will hurt them politically.

Abadi, for his part, has repeatedly denied reports of cuts in public sector salaries, saying that his fight is with the huge bureaucracy, but most of the dysfunction in Iraq, will harm him and his party. Instead, he opted for more control over public sector appointments and long-term policies, which would stimulate the private sector and create jobs.

Indeed, not everyone is happy with these measures. For Iraqi youth, hundreds of thousands of them graduate from universities and institutions geared towards training public servants each year, so reducing the public sector means impending unemployment, especially in the light of the poor private sector that is lagging behind. It will take time to rebuild capacity, consumer and confidence, . As with many Arab welfare-based countries, the public service remains an attractive option, given the minimum efforts, job security and pensions it provides.

Certainly, Iraq will face a difficult time balancing the reforms demanded by international organizations and the reforms envisaged by ordinary Iraqis.

Abadi may have touched the right nerve by emphasizing the risk of corruption and sowing corruption. But it is unclear whether his main motivation is to get More popular support before elections or follow a well-designed reform plan. The first issue could lead to a popular form of anti-corruption, which could mean engagement with influential political groups and power centers in the country.

The latter will require careful management of public expectations and avoid attempts to politicize the reform agenda.

Source: Atlantic American site

http://oneiraqnews.com/index.php?aa=news&id22=3299#.WiZKvJ-IZnF

Don961 » December 5th, 2017

Conscious / Saudi Energy Minister announces the signing of 18 memorandums of understanding with Iraq

04/12/2017 22:37:00 PM

Conscious / Basra / AH

Saudi Energy Minister Khaled al-Falih said on Monday that 18 memorandums of understanding have been signed between Iraq and Saudi Arabia, noting that 22 companies from his country are participating in the Iraq oil and gas exhibition in Basra.

Al-Faleh said during a press conference attended by a reporter (Iraqi News Agency Information / INA)that "a high-level committee was formed with the Iraqi side to prepare a plan for commercial cooperation," stressing that "we worked to urge Saudi companies to work in Iraq and in Basra in particular .. In economic and commercial cooperation with Iraq. "

He added that "there are practical steps during the past two months to achieve a strong start for cooperation between the two countries," noting that "Saudi companies were urged to accelerate access to the Iraqi market and investment in it," announcing "the signing of 18 memorandums of understanding between the two countries." link

Abadi demands a fair distribution of wealth and positions

2017/12/05 (00:01 PM) - Number of readings: 40 - Number (4079)

o Baghdad / Range

Prime Minister Haidar al-Abadi said on Monday that Iraq faces new challenges to eliminate corruption and stressed the need to eradicate intellectually after the military victory. He called for a fair distribution of "wealth and positions".

"We face a number of challenges, including the abolition of the other through extremist and terrorist ideology, and it is very important to eliminate this thought," Abbadi said during a speech at a ceremony organized by the Iraqi Teachers' Union in Baghdad. "We have succeeded in winning our heroic forces in defeating terrorism militarily and liberating our lands, and we must work to eradicate this deviant ideology," he said.

"The other challenge is to challenge the corruption that is trying to steal hope from our youth," he said. "It is shameful to use power for corruption and to extend the hand to public money," he said. "The importance of a community culture is to reject corruption," he said. link