Category: Council of Ministers

Parliamentary: Parliament does not have the legal right to postpone the elections .. Decisiveness in this hand

Parliamentary: Parliament does not have the legal right to postpone the elections .. Decisiveness in this hand
1/20/2018

The parliamentary legal committee confirmed on Saturday that the House of Representatives does not have the legal right to postpone the next elections scheduled for May 12, 2018.


"The House of Representatives does not have the legal right to postpone the date of elections," said member of the Committee Amin Bakr, "appointed Iraq News," stating that "the interpretation of the Federal Court on the date of the elections will be binding on all, and is the only body that can resolve this file."


Bakr added that "the coalition of forces and Kurdish blocs (the National Union and the Kurdistan Democratic) only withdrew from the parliament session today, because of its refusal to hold elections on time, they want to postpone the next election."


The Council of Ministers set the date of 12 May next, a date for the parliamentary elections, and set the same date for holding provincial elections not organized in the province.

http://aynaliraqnews.com/index.php?aa=news&id22=91001

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Deloitte Report on Oil and Gas in Kurdistan

As the Kurdistan Regional Government has promised, and to prove its commitment to transparency in the entire oil and gas sector of the Kurdistan Region, today the first report by the international auditing company, Deloitte, is released.

The report, which includes verified numbers of export and sales of oil in the Kurdistan Region for the first six months of 2017, is available to the public.

According to the validated numbers, the total revenue generated from oil sales is 3,328,211,119 US Dollars, after deducting expenses. The average oil sales price for that period was 41.29 $/bbl for exported barrel of oil through pipelines, at a time when average Dated Brent price was approximately 51.71 $/bbl.

The auditing project was ordered by the Council of Ministers of the Kurdistan Regional Government through Decision No. (73) on 3rd of February 2016, as a continuation of Oil and Gas Law, and Oil and Gas Trust Fund Law.

In a transparent process and in accordance with the World Bank guidelines, the Regional Council for Oil and Gas Affairs invited the Big Four international auditing firms in the world and consequently signed Master Service Agreements (“MSA”) with Deloitte and Ernst & Young, after following international tendering standards. According to the MSA’s, the oil and gas sector will be subject to audit, including the historical data.

The Kurdistan Regional Government considers the auditing process as an important step for strengthening transparency in the oil and gas sector of the Kurdistan Region. The KRG has approved Deloitte’s recommendations to further enhance the processes and address any shortcomings. The KRG is also working to develop the accounting and auditing capabilities of the financial monitoring agencies in the Region, in order to empower them for future projects.

This is the first time that reputable and major international companies audit the oil and gas sector in the Kurdistan Region. In the near future, the validated numbers for the second half of 2017, and for the past years will be released to the public.

For further questions, contact information will be provided soon.

  1. Deloitte’s report for first six months of 2017 is accessible through this link (PDF format), in Kurdish, Arabic, and English.
  2. This link (PDF format) consists of 27 frequently asked questions in Kurdish, Arabic and English to help the readers better understand different sections of the report.
  3. This link (PDF format) includes a snapshot (info-graphics) regarding oil exports, local consumption and revenues in the Kurdistan Region, especially average daily exports and daily price of Kurdistan Region’s oil compared to Dated Brent price for the first six months of 2017 in Kurdish, Arabic and English.

(Source: KRG)

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Baghdad and Erbil are listening to important agreements, including oil and airports

Baghdad and Erbil are listening to important agreements, including oil and airports 2018/1/15 18:27 [Ayn-Baghdad] A delegation from the federal government and a delegation from the Kurdistan Regional Government (KRG) on Monday drafted minutes of important agreements in the outstanding problems. A statement issued by the Secretariat of the Council of Ministers received the agency […]

Agreement to implement the strategy of private sector development

Agreement to implement the strategy of private sector development

1/13/2018

Baghdad / Al-Sabah
The Ministry of Planning signed with the United Nations Development Program, the agreement on the implementation of the private sector development strategy, indicating that the strategy includes key axes that go to the private sector at a clear pace for the country and encourage it to engage in real work in general economic development.


Deputy Minister of Planning for Technical Affairs Maher Hammad Johan said in a statement after signing the agreement with the country director of the UN program in the Middle East, Munir Thabet,

"We continue to cooperate with the United Nations Development Program, we have a continuous partnership in many programs," noting that " The topic is a sequential part of these programs that we share in the implementation of the strategy of developing the
private sector . "

"This is a national strategy is not the strategy of the Ministry of Planning, which was prepared by sectoral bodies and in partnership with international bodies represented by the United Nations and the United Nations Development Program, which was approved by the Council of Ministers in 2014,"

noting that "this strategy has been implemented by The Ministry of Planning represented by its sectoral departments, the Department of Economic, Financial, Private and other departments.

He said Johan, that " the strategy prepared in the development of the country was quite different but thought one that this sector should play a key role in building the country in development, partnership and economic diversification in general," pointing out that "we desperately need to be the role of the private sector corresponds to the fact that
our words "He said.

He pointed out that "this strategy includes basic axes that go to the private sector at a clear pace for the country and the surrounding countries encourage it to enter a real work in the development of the general economic,"

noting that "the issue is mainly related to the private sector in order to absorb the bulk of unemployment expected due to the cessation of employment opportunities provided by the State For the public sector and this is an important part because it is reflected on the many categories too, as he graduated annually more than 200 thousand graduates in colleges
and institutes. "

Undersecretary of the Ministry of Planning, "We must find these graduates a place in the labor market with the need to be partners in development and to benefit and win from every framework of economic development experienced by the country."

For his part, said the country director of the United Nations Development Program in the Middle East: "The Convention is an initial framework for cooperation between the United Nations Development Program and the Iraqi government on the implementation of the strategy of private sector development,

and believes and a comprehensive conviction that there is special importance to the private sector in Iraq on the subject of employment opportunities The challenge may be job creation, the biggest challenge now in post-liberation Iraq. "

"The big challenge is the economic advancement, which should be a comprehensive recovery that includes all citizens, especially young people who unfortunately have not been able to enter the labor sector enough to meet their wishes and aspirations, there must be a role for the private sector."

He explained that "the development of the private sector and its mode of development is part of the strategy of the Ministry of Planning," stressing "its readiness to cooperate with the Ministry to implement this strategy.

The important role for us is to support the ministry in developing a framework to help the Ministry to monitor the implementation of this strategy.

This gives a brief account of the nature of the cooperation that will take place between the Ministry of Planning and the United Nations Development Program (UNDP).

http://www.alsabaah.iq/ArticleShow.aspx?ID=150882

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State of Law puts the hand on “the biggest scandal in Iraq’s history”

State of Law puts the hand on "the biggest scandal in Iraq’s history"

1/12/2018


SOMER NEWS: MP for the coalition of state law, Fardous Al-Awadi, "adding" paragraphs not voted to the amnesty law, describing it as "the biggest scandal in the history of Iraq."


Al-Awadi said, "This scandal can not go unnoticed, and all the authorities must be at the legislative, judicial and executive levels to investigate the subject, and reveal who added a paragraph in the law in the Iraqi fact sheet through which terrorists who targeted the security forces and Iraqis Pardons".


"The Presidency of the Council of Representatives and the General Secretariat of the Council of Ministers must clarify their position on this forgery and how this paragraph reaches the official newspaper without voting or ratified by the House of Representatives."


"The results of the investigation must be before the Iraqi people to know well and identify who has an interest in amnesty for the terrorists and the killing of the Iraqi people," she said. "The House of Representatives is obliged to announce an investigation committee in this regard."

http://sumer.news/ar/news/25985/%D8%…B1%D8%A7%D9%82

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With the support of the World Bank .. Kuwaiti movements to collect 18 billion dollars for Iraq

With the support of the World Bank .. Kuwaiti movements to collect 18 billion dollars for Iraq
1/12/2018

Sumer News: The Iraqi street is looking forward to the Iraqi reconstruction conference scheduled for February 12-14 at a time when the government is still unable to provide a clear program for the reconstruction of more than 200 destroyed cities instead of thousands of villages.

North, west and central regions.
According to Gulf press reports, the number of countries participating in the conference is close to 42 Arab and foreign countries.

Donor countries will speak at the second session of the conference after the opening and announce the value of their pledges, which are expected to reach about $ 18 billion, pointing out that the Kuwait grant is likely to reach between 100 and 150 million dollars.

The sources said that the conference will be held with the support of the World Bank, indicating that "the reconstruction phase is the most important challenges facing the Iraqi government after the liberation of cities, and there is a thoughtful plan to restore services to liberated cities, followed by the stage of reconstruction and rehabilitation of different sectors.

"The conference comes after donations by Kuwait, mid-2016, to establish medical centers, schools and hospitals in a number of cities of Iraq, including Basra, Baghdad, Salahuddin, Anbar and other areas.

Kuwaiti Deputy Foreign Minister Khaled Al-Jarallah said during a press conference held in Kuwait that "Kuwait has started preparations for the conference after the Emir announced earlier his intention to host the International Donor Conference in Kuwait and contact the World Bank And the Iraqi government in this regard.

"On the amounts needed by Iraq to rebuild its destroyed cities, the Secretary-General of the Iraqi Council of Ministers said that "vital facilities in cities and liberated areas need to 100 billion dollars"

http://sumer.news/ar/news/25988/%D8%A8%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D8%AA%D8%AD%D8%B1%D9%83%D8%A7%D8%AA-%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9-%D9%84%D8%AC%D9%85%D8%B9-18-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%84%D8%B9%D8%B1%D8%A7%D9%82

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Discuss the working papers of the upcoming Kuwait conference

Discuss the working papers of the upcoming Kuwait conference

1/11/2018

The day of the liberation of the land is a national holiday
Baghdad / Al-Sabah

The Kuwaiti National Team headed by the Secretary General of the Council of Ministers, Dr. Mahdi Al-Alaq, discussed a set of working papers to be presented by Iraq at the Kuwait Conference to be held next February. Official.

"The working papers discussed by the team with the Governor of the Central Bank included a paper on the approved financial policies for the general framework of the National Plan for Reconstruction and Development, in addition to the report of the advisers on the reality of mine contamination in the liberated areas and the possibility of including it in the table Conference Proceedings ».

"The team also reviewed a number of issues related to the results of the media delegation’s meeting with the Kuwaiti side last year, Who recently received their requests as EU foreign policy chief Federica Mugrini and the initial approval of Germany to speak in the post-conflict reconstruction clause.

Meanwhile, the Secretary-General of the Council of Ministers chaired the workshop on the policy of financing projects between the World Bank and representatives of government and economic entities concerned with investment projects.

He said that the government has a comprehensive investment plan to be presented at the Kuwait Conference for the reconstruction of the industrial, agricultural and economic sectors, Iraq will deal with banks and international destinations ».

The Director of the World Bank’s Office in Iraq, Yara Salem, referred to the "completion of the proposal to study a strategy for cofinancing the Iraq Financing Fund", describing the mechanism of the financing process and its principles, including diversification of sources and smart subsidies to benefit from funds and grants and credibility with companies and investors.

, And the World Bank has identified three areas of potential focus for funding: the private sector, the public sector, and innovative financing. "

On the other hand, announced the Secretariat General of the Council of Ministers, on Wednesday, the recommendation of the Council of Parliament to amend the draft law on public holidays.

"The amendment includes the text of Article (1 / I / L), to be the day of liberation of the land of Iraq from the gangs of terrorist advocates corresponding to the tenth of December, the national day of the Republic of Iraq and an official holiday of each year».

"The draft law comes to highlight the most important events related to the lives and feelings of the Iraqi people, and to determine the national holiday of Iraq and the organization of public holidays and the cancellation of some occasions associated with the former regime Almkbor.

The Council of Ministers also decided to declare the Victory Monument to be the official monument of the Republic of Iraq.

"The monument will reflect the heroism and sacrifice of the Iraqis in defending their homeland and their nation," the statement said, "an assessment of the sacrifices made to free the territory of Iraq from the profiteering of terrorist gangs."

http://www.alsabaah.iq/ArticleShow.aspx?ID=150802

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The World Bank focuses on financing three areas in Iraq

The World Bank focuses on financing three areas in Iraq 2018/1/10 12:10 [Ayna-Baghdad] World Bank officials have announced that the bank has identified three areas of potential funding focus in Iraq. “Secretary-General of the Council of Ministers Mahdi Al-Alak chaired the workshop on the policy of financing projects between the World Bank and representatives of […]

Scandalous Satarem Refinery Contract gets Final Notice

By Ahmed Mousa Jiyad.

Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

Satarem-Missan Refinery Scandalous Contract Gets Final Termination Notice

The Iraqi Ministry of Oil (MoO) announced on 4th January 2018 that it had obliged Missan International Refinery Company (MIRC) (actually the bankrupt Swiss company Satarem) to sign an undertaking that it should start working on the 150kbd Missan Refinery within 30 days; otherwise the contract will be terminated without having any legal and financial consequences on the Ministry.

This move by the Ministry is long overdue and should be the very final termination warning as more than four years were lost without any tangible progress in the construction of the refinery.

As I have repeatedly argued, through my writings especially the direct debate communications with the Ministry officials and advisors that by concluding such a dubious contract with highly questionable unqualified bankrupt company, the Ministry surely deters serious refinery investors and, thus, defeats its own aspirations.

Please click here to download the full report.

Mr Jiyad is an independent development consultant, scholar and Associate with the former Centre for Global Energy Studies (CGES), London. He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN organizations in Uganda, Sudan and Jordan. He is now based in Norway (Email: mou-jiya(at)online.no, Skype ID: Ahmed Mousa Jiyad). Read more of Mr Jiyad’s biography here.

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Iraq invites more than 70 countries to donor conference in Kuwait

Iraq invites more than 70 countries to donor conference in Kuwait

1/6/2018

BAGHDAD / Al-Sabah –
The Iraqi government on Friday announced efforts to coordinate with the Kuwaiti government to
invite more than 70 countries to the donors conference to be held in Kuwait in February.

"In principle, the number of countries invited to the conference will not be less than 70 of the Arab brothers and friends in Europe, America and Asia, and we expect the participation to be large," said Mahdi al-Alak, secretary-general of the Council of Ministers, in a statement to Kuwait News Agency (KUNA). In the Conference ".

Al-Alaq pointed out that "Baghdad and Kuwait have agreed that the invitations at the ministerial level," likely to "finalize the names of countries invited next week."

He pointed out that "the conference will also witness a distinguished presence of many Arab and international organizations, including United Nations organizations with all its competencies, and other from the European Union and the World Bank, which is a partner in the preparation of the conference in addition to the Kuwait Fund for
Arab Economic Development ."

The Secretary-General of the Council of Ministers said that "international and regional development organizations will also be present at the conference as well as active participation of civil society organizations, which will be involved in the theme dedicated to discussing humanitarian operations, supporting stability in liberated areas and ways to support community reconciliation processes."

Iraq’s reconstruction conference will be held in Kuwait in the first half of next February to rally support for the reconstruction of the liberated cities of Daqash.

Prime Minister Haider al-Abadi announced on Tuesday that "the national document for the reconstruction of Iraq for ten years at a cost of 100 billion dollars "Stressing that" the reconstruction process will include all the provinces and not only affected.

http://www.alsabaah.iq/ArticleShow.aspx?ID=150481

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