Kimberly and Debbie
I'm very sad to tell you that both Debbie and I are having family emergencies and are unable to post at this time I will post again starting Sunday, Please send up prayers for Debbie she is losing 2 people at the same time. Thank you all for understanding.
Kimberly and Debbie
Dr. Bashir Al-Haddad during his meeting with the parliamentary blocs stresses the need for continued coordination and cooperation between the Presidency of the Council and the blocs and committees because the Council has the merits and priorities of the legislation of laws
November 12, 2018
The Deputy Speaker of the Iraqi Council of Representatives, Dr. Bashir Al Haddad, met today with the parliamentary blocs. Several topics were discussed, including the work of the Parliament in the next phase and how to activate its legislative and regulatory role in accordance with the constitutional and internal procedures. .
Al-Haddad pointed out the importance of continuing meetings and dialogues with the aim of coordination, cooperation and communication between the Presidency of the Council and the blocs and committees to unify the positions and visions because the Council in the next phase a range of benefits "Our visit today to the political blocs in the House of Representatives aims to establish a spirit of cooperation and work in the spirit of one team. The House of Representatives has succeeded in naming and forming the Standing Committees and "We have to intensify discussions and discussions before the adoption of the law to ensure the rights of all citizens in the provinces in a fair and equitable including the share of the Kurdistan Region of Iraq."
For their part, the heads and members of the parliamentary blocs visited the mourning visit as a member of the Presidency of the House of Representatives and promised it a gesture of good and reassuring message and affirm the keenness of his sovereignty in the continuation of coordination and cooperation and joint action to achieve what the representatives of the people in the House of Representatives for the fourth parliamentary session, and legislation of important laws and the window, Because the Iraqi street today awaits a lot of us.
Media Office of the Deputy Speaker of the House of Representatives
Monday 12 November 2018
MP Ghaleb Mohammed proposes to address the deficit in the 2019 budget by paying the taxes of the mobile phone companies
MP Ghalib Mohamed proposed on Monday 12/11/2018 to address the deficit in the federal budget for the year 2019 to meet the taxes charged by mobile phone companies.
"Iraq is being subjected to severe financial turmoil as a result of the fall in oil prices," MP Ghaleb Mohammed told a news conference in the House of Representatives.
The MP pointed out that among the taxes mobilizing the mobile phone paid by the citizen and contributed to reduce the budget deficit, suggesting that the Council of Ministers to pay the taxes owed by phone companies to reduce the budget deficit.
The Information Department of the
House of Representatives
MP Khalaf Abdul Samad announced the adoption of the follow-up legislation of 23 laws November 12, 2018
On Monday, 12/11/2018, MP Khalaf Abdul Samad announced the adoption of the follow-up legislation of 23 important laws.
The MP said Khalaf Abdul Samad , head of the rule of law at a news conference in the House of Representatives issued a statement in the name of the block that the "State of Law bloc has adopted a program of work during the current legislative session includes specific targets and to achieve the aspirations of the citizens and consists of this program in two phases within a specific timeframe: the
first stage : the stage of the legislation of laws:
1. The draft law to address slums:
2. Parwq secretion of land and orchards law:
3. project merging ministries Law:
4. draft Law on health insurance:
5. project oil and gas and natural resources Law:
6. draft social insurance Law after amended:
7. Qa project N Consultancy Offices:
8. Communication and Information Crimes Bill:
9. Federal Court Bill:
10. draft amendment of the Companies Act:
11. Draft FAO authority of the law:
12. Project of the Iraqi Maritime Authority Law:
13. Project Census Law:
14. draft amendment to the Unified Retirement Law:
15. Draft criminalization of state sponsors of terrorism law:
17 - Draft law of the Federal Development Council:
18 - Draft law of the capital Baghdad:
19 - Draft law of the Council of the Union:
20 - Draft law of the National Palm:
21 - the draft law on military promotions:
22. Draft Amendment to the Electoral Law:
Draft Amendment to the Law of Treaties and Conventions:
Phase II: Law follow-up and project implementation phase:
1- Follow up the implementation of the Basrah water project, which treats salinity and the delivery of potable water to the citizens.
2 - Follow-up of the implementation of sewerage projects such as the large Diwaniya project and the Zubayr streams in the province of Basra (allocated amounts within the budget of 2018).
3 - the road of death link between the provinces of Maysan and Dhi Qar (allocated amounts within the budget in 2018) as well as follow-up implementation of the way
4- Construction of wastewater treatment plants in the Tigris and Euphrates Rivers.
The Information Department of the
House of Representatives
The House of Representatives discussed the monetary policy in the presence of the Governor of the Central Bank and the amendment of the federal budget in 2019 with the participation of the Minister of Finance and Deputy Prime Minister for Economic Affairs. .
At the beginning of the session, Mr. Jassem Mohan Al-Bakhati was sworn in as a member of the House of Representatives after the vote on adding this paragraph to the agenda.
The President Halabousi discussed the topics of improving the ration card items and the decisions of the previous government during the period of the conduct of business and related to Najaf airport during the next session.
The Council voted on the formation of a fact-finding committee on the security events in Ninewa province, which includes deputies of the province and those who wish to ladies and gentlemen MPs.
The Board discussed the presence of Mr. Ali Mohsen Al-Alaq, Governor of the Central Bank and members of the Board of Directors and Mr. Faisal Al-Hims, Director of the Iraqi Bank for Trade, Monetary Policy.
At the beginning of the hospitality, the President welcomed the attendees to discuss the financial and monetary situation and the work of the Central Bank, praising the success of the Central Bank in addressing the economic challenges and facing the financial crisis, pointing out the existence of problems in need of quick fixes.
In his speech during the meeting, Mr. Ali Mohsen Al-Alaq, Governor of the Central Bank, stressed that the Bank was able to urge the pace and efforts to confront financial crises with the least possible damage and better than expectations. He pointed out that the Central Bank is generally launched through a strategy developed from 2016 to 2020, And programs and initiatives in the first strategy full of visions and objectives to address the vacuum and backwardness of the tremendous developments experienced by the bank and the banking sector for periods of time.
He explained that the approved plan was real and measured by careful follow-up by a specialized department in the Central Bank to follow up all the developments that took place and included the introduction of jobs and tasks that developed within the body of the Central Bank after the introduction of several departments in it, noting the launch of a lending initiative of 6 trillion dinars for the industrial and agricultural sector And the real estate and property, where it amounted to about 2 trillion and 500 billion dinars for the last two sectors as well as to achieve financial stability in light of the current challenges, which was reflected in the provision of salaries to employees and corporate dues during the past years, noting that inflation did not exceed 2% The recent period, Iraq has become part of the international standards followed in this regard.
As for the building of the Central Bank of Iraq, Mr. Al-Alak said that the project started before assuming office, specifically in 2010 through the contract with the Office of Architecture Zaha Hadid directly, the new building enjoys special specifications and advanced electronically.
In turn, Mr. Walid Idi Abdul Nabi, Advisor to the Central Bank, pointed out that the bank studied the tenders submitted by 4 foreign companies and after a series of meetings by the consultants in the bank was referred to an Azerbaijani company, pointing out that the Economic Affairs Committee decided to exempt the Central Bank building from the contract instructions And recommending to the General Secretariat of the Council of Ministers for the purpose of presenting a vote on it in the Council of Ministers being outside the competence of the Economic Committee, indicating that the estimated cost of the project amounted to about 823 million dollars, while the negotiated cost was reduced to 772 million dollars, The executing company has a long history in executing projects in a number of countries in the world.
Mr. al-Alak said in response to a question concerning the causes of corruption of 12 billion dinars, that the damage was before taking office when the coffers of Rafidain Bank was sinking due to heavy rains in 2012 and caused damage to the banknotes after the arrival of water to the stores, explaining that the Central Bank is replacing currencies When exposed to any damage was also imposed a fine on the management of the Rafidain Bank has been reduced after considering what has been spent and the amount, especially since these securities outside the age of time, noting that the Central Bank lost the cost of printing banknotes, which represent nothing much, Was up to 7 billion T dinars worth less as much about the grief of an international certificate of cash management.
He pointed out that the reserves of the Central Bank of Iraq is different from the government reserves, indicating that the government reserves result from the surplus achieved by the Ministry of Finance, which happened in the years before 2012, where the reserve reached in 2012 to about $ 20 billion decreased after the deficit to small amounts.
The governor of the Central Bank said that the bank's reserves are higher than in the past, reaching in 2014 about 66 billion dollars, while the reserve currently about 61 billion dollars, as well as the existence of 15 billion dollars of debt to the Central Bank of the government to finance the budget deficit, Has bought Treasury remittances and financial bonds from the market, especially that oil revenues did not exceed the net about $ 2.5 billion per month while salaries 4 billion per month, which could lead to the collapse of the economic situation, which imposed the intervention of the Central Bank, noting that the adequacy of the reserve in Iraq in accordance with international standards Currently 1 69% is expected to arrive after two months to about 180% and the volume of the Iraqi currency traded in the market amounted to 43 trillion dinars.
The interventions and inquiries of the ladies and gentlemen during the discussion focused on the importance of good management of financial reserves and clarification of how to act in foreign currency from the oil resource and the amount of remittances abroad and the expected savings from foreign currency at the end of the year in addition to knowing the disbursement of $ 21 billion of the financial reserve, which was $ 81 billion And to go to 60 billion dollars later as well as the reasons for resorting to the purchase of commercial papers with the feasibility statement of opening foreign banks without providing any economic benefits.
In his response, the Governor of the Central Bank said that the relationship between deficit and monetary policy will be present in the debate of the House of Representatives regarding the budget, calling for the participation of the Central Bank in the meetings of the House of Representatives on the federal budget.
Then the Presidency of the Council decided to postpone the completion of the discussion of the subject of the Central Bank until after the hosting of the State Budget Committee.
The Council hosted the Governmental Committee for the Draft Federal Budget Law of the Republic of Iraq for the fiscal year 2019, headed by Fuad Hussein, Minister of Finance and Deputy Prime Minister for Economic Affairs and his accompanying delegation.
The First Deputy Speaker of the House of Representatives, Mr. Hassan Karim Al-Kaabi, welcomed during his presidency part of the meeting with the government delegation to discuss the budget.
In his speech during the hospitality, the Minister of Finance stressed that the budget was prepared by the previous government in accordance with different visions of the views of the current government on construction and investment, noting the importance of time by the government and the House of Representatives to resolve the budget, adding that the government is about to introduce a new philosophy of the economic situation Private sector and investment.
The Minister of Finance, Deputy Prime Minister for Financial and Economic Affairs, said that the committee is prepared to deal positively with the proposals of the ladies and gentlemen for the purpose of maturing the budget. He expressed his readiness to cooperate with the House of Representatives and the Finance Committee in the Council through holding joint meetings to gather ideas in order to benefit from them. And discussed the possibility of amending the budget, noting the existence of a proposal to assign a staff member the task of coordinating between the ministry and the House of Representatives.
The Minister of Finance, Fuad Hussein, pointed out that the draft budget is still a project that requires constant discussion by the ministers, which requires its completion within two weeks. He pointed out that the government is prepared not to change the budget within the available means and in harmony with the vision of the House of Representatives.
For his part, Mr. Maher Hammad, Undersecretary of the Ministry of Finance to the adoption of the price of oil $ 56 and exports of 3 million and 880 thousand barrels, as well as the presence of 7 trillion dinars current expenditures increased from last year in addition to increasing investment expenditures and allocate 4 trillion dinars in the area of support in various areas such as ration card Farmers and an increase in regional development allocations and petrodollar projects
The interventions of Ladies and Gentlemen focused on the affirmation that the budget prepared the mind of the previous government and adopted on the austerity and demands of the Council represents the needs of the Iraqi street, asking about the objectives of the budget prepared and mechanisms to adopt the price of a barrel of oil $ 56 despite the increase in oil prices and rebuilding the budget again Consistent with the vision of construction.
The interventions included knowledge of the reasons for recalculation of the province of Kurdistan, approximately 12%, while the existence of estimates from the Ministry of Planning indicate that the proportion of the region up to about 14%, noting that the budget of 2019 does not build the economy of the country and different from the curriculum of the government put forward by Mr. Prime Minister, demanding By allowing the private sector to manage the state and manage the economy.
The interventions dealt with the reasons for not allocating a logical budget to the affected governorates and not taking into account the suffering of the people of those provinces with the need to treat Halabja governorate as an independent province, encouraging investment and private sector, providing loans and developing non-oil revenues, and increasing regional development projects as the best solution to eliminate unemployment, Of the value of barrels of oil to support the ration card, and the quest to install all contracts and wages daily, especially in the Ministry of Electricity and work to grant the Kurdistan region share according to the benefits and pay the dues of farmers.
The interventions focused on the need to provide the final accounts and allocation of funds for the development of agriculture and industry and the concern to provide a budget for vocational education and seek to conduct a census to know the population census of all provinces and the province of Kirkuk, the entitlement of the petro dollars as well as the allocation of funds for the Ramadi water project in addition to increasing the allocations of Nineveh province for the reconstruction of destroyed areas With the importance of increasing the allocations allocated to the province of Baghdad for development.
For its part, the government committee pointed out its intention to collect all interventions of ladies and gentlemen MPs for the purpose of discussing with the Minister of Finance with a view to the preparation of the budget bill.
He read the Halabousi book a letter directed by the Council of Ministers to the House of Representatives included the formation of a government committee to discuss the budget law with the House of Representatives and its committees and include the proposals of Ladies and Gentlemen MPs to amend the draft federal budget law, explaining that the House of Representatives will wait for what will result from the meeting of the State Committee with the Finance Committee of Amendments to the draft budget law without ignoring the possibility of another amendment after the second reading.
The Chairman of the House of Representatives members of the Finance Committee to hold a joint meeting with the government committee and officials in the Ministry of Finance and follow-up from the presidency of the Council on Sunday and the next Monday to discuss on current and investment expenditures and borrowing and the price of oil barrels and carriers and the development of regions in line with the government program in terms of the federal budget.
On the other, the Chairman of the Council of Tajil decided to complete the discussion of monetary policy, thanking Mr. Ali Al-Alaq, Governor of the Central Bank for his presence in the Council to provide the Council with the priorities and statements of the monetary policy of the bank and the questions presented to him and to be presented at the next session.
It was then decided to adjourn the meeting until next Tuesday 20/11/2018
Department of Information
Minister of Transport Eng. Abdullah Loibi met on Sunday with the envoy of British Prime Minister Baroness Emma Nixon in order to extend congratulations to his Excellency and to strengthen the joint relations between the two sides. "The British side expressed great desire to exchange expertise and develop skills,
Technical and administrative staff through accredited lectures and research in the field of transport of goods and mechanisms applied within the mechanisms followed in Britain.
"The Ministry of Transport and its formations are on the verge of giant projects, which requires the ministry's staff to attend lectures and courses that are interested in developing their skills to implement projects planned for the benefit of the year."
Minister of Commerce Dr. Mohammed Hashim Al-Ani participated in the activities of the German National Day at the Baghdad International Fair in its 45th session, while inviting the German companies to enter the investment projects in Iraq.
The event was organized by the German pavilion participating in the exhibition, in the presence of the German ambassador in Iraq and a number of personalities and businessmen.
The Minister of Trade said during the ceremony that "the achievement of the Baghdad International Fair of international participation and the presence of official and popular businessmen and a positive situation will have consequences on the level of development of foreign relations and contribute to the activation of bilateral agreements and establish partnerships with the private sector with the international private sector."
"The positive relations between Iraq and Germany and the need to develop them in all areas in light of the Iraqi desire to open up to all countries of the world, especially those that have economic expertise and potential contribute to the development of the Iraqi economy."
Al-Ani praised the German participation in the Baghdad International Fair, stressing "the importance of this participation and its role in the development of trade and economic relations and contributes in encouraging German companies to enter into investment projects and exploit the great opportunities that are available in all regions of Iraq."
The Minister of Commerce has participated in the national celebrations of the countries participating in the events of the 45th session of the Baghdad International Fair, where the price of this participation, and stressed the polarization and containment of companies and countries in the events of specialized exhibitions held in Baghdad and the provinces.
Minister of Commerce Dr. Mohammad Hashim Al-Ani discussed with Jordanian Minister of Industry Tariq Hamouri ways to overcome the obstacles to increasing trade exchange between the two countries.
This came during a meeting between the two ministers in Baghdad.
"The relations with the Jordanian side have been strong for many years and there is cooperation in all fields in accordance with the bilateral agreement and we have entered into important partnerships with them," he said.
He added that "cooperation with Jordan is continuing to overcome all obstacles to increased trade exchange between the two countries," adding that "the opening of the port of Trebil, contributed to the revival of this exchange."
For his part, Al-Hammouri said that he had "distinguished discussions with the Iraqi Minister of Trade on several topics, including the volume of trade between the two countries and to serve the work of Iraqi businessmen in Jordan."
"We see prosperity on both sides in the private sector and are working to develop it," he said.
He noted that "the Minister of Trade has played a major role in the negotiations between Iraq and Jordan and the development of relations and find a road map for them."
He called on the Jordanian Minister of Industry to "allocate a permanent commercial center to his country in the land of the Baghdad International Fair, to display products and goods to Jordanian companies, as well as his role in signing bilateral agreements and establish partnerships with the Iraqi private sector."
The Minister of Trade, Dr. Mohammad Hashim Al-Ani, accompanied the Jordanian Minister of Industry Tariq Hamouri in the opening of the Jordanian National Day at the Baghdad International Fair 45th session and toured the corridors of the Jordanian pavilion and reviewed the products and goods provided by Jordanian companies participating in the exhibition.
The participation of Jordan is one of the largest Arab participants in the exhibition, where 47 companies representing all sectors participated
Trade Minister: We look forward to increasing trade with Russia and Iraq has returned to its regional and international status
Minister of Commerce Dr. Mohammad Hashim al-Ani said that Iraq is looking forward to increasing trade exchange with Russia and activating the agreements with them. Russian Ambassador to Iraq Maxim Maximov noted that his government encourages Russian companies to enter the Iraqi market.This came during the meeting of the Minister of Commerce to the Russian ambassador in Baghdad, where the two sides discussed economic relations between the two countries and cooperation in trade fields.
"Iraq is looking forward to increasing trade exchange, activating economic and trade relations with Russia and opening new horizons based on the interests of both countries and peoples," the minister said.
He added that "our relations with Russia long and rooted and aspire to develop and grow through the activation of bilateral agreements and hold a meeting of the Iraqi Iraqi Russian to take its role in the preparation of a new roadmap to establish advanced relations in various fields."
The minister said: "Iraq's desire to supply Russian wheat through the entry into tenders, which the Ministry of the Ministry and submit bids for Russian companies to study and the possibility of agreement with them."
He pointed out that "the ministry will send a delegation to Russia, to see the mechanisms of wheat production and visit the processing plants, for the purpose of drawing a picture of its qualities and quality and suitability for processing within the ration card items."
The minister stressed that "Iraq has returned strongly to exercise its regional and international role after the victory over terrorist organizations."
For his part, the Russian ambassador expressed his happiness for the progress witnessed in the bilateral relations between the two countries, expressing his government's desire to enhance bilateral relations in all fields and develop economic cooperation, and the desire of Russian companies to work in Iraq and participate in the process of construction and reconstruction and establish genuine partnerships with the Iraqi private sector.
The Russian ambassador stressed "his country's support for Iraq in all fields," noting that "Iraq proved its ability to overcome the stage of terrorism and victory over terrorist groups."
President of the Republic: After a fruitful Gulf tour of Kuwait and the UAE, we returned to Baghdad late at night so that the ministers would join their work early
Description of the President of the Republic d.Barham Saleh toured the Gulf, which included visits to Kuwait and the United Arab Emirates.
"After a fruitful Gulf tour with our brothers and family in Kuwait and the UAE, we have just returned to beloved Baghdad and late at night so that ministers can join in their work early," he said in a statement after returning to Baghdad on Monday 12-11-2018. "We do not have time to miss tourism And others, we have a lot of hard work to serve our country and our dear people. "
The President of the Republic d.Barham Saleh concluded an official visit to the United Arab Emirates today after a visit to Kuwait in a tour aimed at opening new horizons of relations and fruitful cooperation between Iraq and the countries of the region.
The General Secretariat of the Council of Ministers stresses the importance of evaluating the institutional performance and its role in improving and developing the business
12/11/2018 1:16 PM
The Institutional Performance Assessment Team, formed in the General Secretariat of the Council of Ministers and the Federal Audit Bureau, conducted field visits to Ministries of Electricity, Industry and Minerals, Education, Higher Education, Agriculture, Planning, Construction, Housing, Municipalities and Public Works. And its role in improving and developing business.
In addition, meetings were held with the task forces charged with presenting the Ministry's Status Document to evaluate the performance in comparison to the international standards adopted and based on the Cabinet Decision No. 114 of 2018. The requirements for completing the evaluation reports to be presented to the Prime Minister during the coming period, It was agreed to hold subsequent meetings in addition to field visits and personal interviews in the Ministry and the associated formations to ensure transparency and credibility in the evaluation, and this is based on the government's belief in improving the performance of the government and starts by standing on the reality of the ministries in a practical and scientific way In a manner that is reliable and applicable, as well as an affirmation of its efforts to improve the performance of ministries to ensure the provision of appropriate services to citizens.
The governor of the Central Bank of Iraq, Ali Alaak, that the Central Reserve reached 61 billion dollars at the moment, revealing the existence of 15 billion dollars debt to the bank on the government.
The Information Office of the House of Representatives in a statement read by "Economy News", that the Council discussed in its meeting, held on Monday, monetary policy in the presence of the Governor of the Central Bank of Iraq Ali Alaq.
The statement pointed out that the relations explained that "the reserve of the Central Bank of Iraq is different from the government reserves," noting "the government reserve is due to the surplus achieved by the Ministry of Finance, which happened in the years before 2012, where the reserve reached in 2012 to about 20 billion dollars decreased after Deficit to small amounts ".
He added that "the bank's reserves are higher than in the past, reaching in 2014 about 66 billion dollars, while the current reserve is about 61 billion dollars, as well as the existence of 15 billion dollars of debt to the central bank on the government to finance the budget deficit."
The statement said that "the bank has bought treasury remittances and financial bonds from the market, especially that the oil revenues did not exceed the net about 2.5 billion dollars per month, while salaries 4 billion per month, which may lead to the collapse of the economic situation, which imposed the intervention of the Central Bank," noting that " The reserve in Iraq according to international standards is currently 169% and is expected to reach after two months to about 180% and the volume of the Iraqi currency traded in the market amounted to 43 trillion dinars.
For the second day in a row, the cultural, economic and popular events organized by the Association of Iraqi Private Banks in cooperation with the Association of Ahlana when the event was conducted by Dr. Star Al Bayati, Professor of Economics at the Faculty of Business Economics at Nahrain University. The Association for the Displaced and its plans for service and voluntary future Fatenha Baban, President of the Iraqi Organization for Specialized Women and Ms. Iman Abdel Aziz spoke about the efforts made by the Organization to empower women in all areas Sectoral and economic role in building relations of cooperation and partnership with Arab organizations.
On the sidelines of the event, the musician Mohammed Al-Attar and his band presented international and Iraqi musical pieces. He also presented a group of young people with an activity that emphasizes the unity of the Iraqi people by wearing Iraqi costumes. The event was characterized by a large audience and a crowd.
Baghdad Municipality: "Launch Baghdad" the starting point of a strategic partnership with the private sector
Baghdad Municipality confirmed on Monday that the project "Alq Baghdad" will be the initiative to launch joint projects with the private sector.
"It is a pioneering project that is the first of its kind in the field of public-private partnership," Amina Baghdad said in an interview with Al-Iktissad News on the sidelines of the completion of the second phase of the Al-Baghdad project. The Association of Iraqi Private Banks and its affiliated banks to finance this vital project.
She added that "20 yards were prepared in record time thanks to the concerted efforts between the financier of this initiative, the Association of Iraqi private banks and the Secretariat of Baghdad as the beneficiary, as it was keen to follow up work to remove the squares properly."
"This project is an initiative for other projects that will be conducted in cooperation between the public and private sectors."
The sculptor Abbas Gharib has decorated two of the 20 houses that have been rehabilitated. The first monument was in the courtyard of the museum in the area of Alawi and the second in the field of investigations.
Gharib said in his interview with "Al-Iktissad News" that he wanted to deliver messages through his work, stressing that "Baghdad is still fortified and will not die."
He adds that the first monument represents "Iraq's various holdings, represented by the Hammurabi Dam of Hamam, for 280 legal articles. It also contains two frescoes that represent the strength and strength of the Iraqis."
The sculptor points out that "the second monument represents the reality of Iraq and Baghdadi and his message says that Iraq, despite what has been done is still immune and armor and behind these shields there is tremendous defensive energy."
He shows that he adopted the third line in his second pillar because he "emanated from Baghdad," revealing at the same time his reliance on the principle of "formative cohesion" for his followers, which does not allow a part of the monument to overcome her peers.
The International Monetary Fund (IMF) said on Tuesday that economic growth in Iraq and other oil countries will reach 0.9% next year, warning at the same time of fluctuations in oil prices.
"The economy of the Gulf region in general will return to growth in 2018 after shrinking in some of its countries, but it remains vulnerable to fluctuations in oil prices," the IMF said in a report released today. "The rise in oil prices after the significant decline until 2016 will allow the Gulf economy Growth of 2.4% this year and 3% in 2019, after shrinking by 0.4% in 2017.
With the oil market unstable and volatile, the IMF warned that "the growth prospects of the oil-exporting countries are affected by serious doubts about the course of oil prices in the future."
"Growth in the oil countries in the region outside the Gulf, namely Iraq, Iran, Algeria and Libya, is expected to reach 0.3 percent in 2018, after reaching 3 percent the previous year, before rising to 0.9 percent in 2019.
"This is a significant reflection of the re-imposition of US sanctions on Iran, which will likely reduce Iran's production and exports over the next two years," he said, predicting Iran's economy will shrink by 1.6 percent this year and 3.6 percent next year.
World oil prices fell on Tuesday due to pressure from US President Donald Trump on the Organization of the Petroleum Exporting Countries (OPEC) so as not to cut supplies to support prices.
London Brent crude futures were down 65 cents at $ 69.47 a barrel, while US WTI futures fell 78 cents a barrel to $ 59.15 a barrel.
Saudi Energy Minister Khalid al-Falih said on Monday that OPEC was considering cutting supply next year, but demand was low, but Trump did not appreciate the rhetoric from Saudi Arabia, a US ally.
"We hope that Saudi Arabia and OPEC will not cut production," Trump said in a tweet on Twitter. "Oil prices have to be much lower based on supplies!"
Iraq, one of the largest grain importers in the Middle East, has expressed its willingness to import Russian wheat into government procurement tenders.
Iraqi Minister of Commerce Mohammad Hashim al-Ani said that a delegation would head to Russia to study the suitability of its wheat for use in the subsidized food program in Iraq.
Baghdad spends billions of dollars a year on a program to provide bread and other commodities at subsidized prices.
Iraq is currently importing wheat from the United States, Australia and Canada, but after Russia became the world's top exporter of wheat in the last few years and expanded its markets in North Africa and the Middle East, Baghdad has begun to consider the import of Russian wheat.
For its part, a spokeswoman for the Russian Agricultural Control Agency, Russia's readiness to meet the needs of Iraq's grain, noting that an Iraqi delegation is expected to visit Russia by the end of this year to discuss the quality of Russian grain.
Earlier, Russia's Agriculture Ministry said the country exported about 35 million tons of grain last year, up 44 percent from the same period last year.
Iraq has set the official sale price of Basra light crude to Asia for December at a premium of $ 0.60 a barrel above the average price offered for Oman and Dubai, unchanged from the previous month, Iraq's oil marketing company said on Tuesday.
The price of Basra's heavy crude to Asia for the same month was set at a discount of $ 2.40 a barrel from the average of Oman / Dubai, Sumo said in an e-mail statement.
The official sale price of Basra light crude for shipments to North and South American markets in December was set at $ 0.35 per barrel above the Argos index for crude oil, higher than the previous month. The official price of Kirkuk crude for shipments to the United States is set at $ 0.65 per barrel above the Argus index, unchanged from the previous month.
In shipments to Europe, the official sale price of Basra light crude for December increased by $ 0.20 to Brent crude, down $ 3.55 per barrel, while the official sale price for Kirkuk crude for the same month fell to $ 4 without Brent.
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Prime Minister Adel Abdul-Mahdi on Sunday met Jordan's Minister of Industry, Trade and Supply Tariq Al-Hammouri and his accompanying delegation. The two sides agreed to strengthen bilateral cooperation.
"Al-Hamouri conveyed a written message from Jordanian Prime Minister Omar al-Razzaz, stressing the support of the Hashemite Kingdom of Jordan for Iraq in all sectors and its desire to expand relations," a statement from the office of Abdul-Mahdi said. "He said.
"Victory in Iraq is a victory for all the world," he said. "The success of Iraq is a success for us and we have a great desire for joint cooperation and real work on the ground."
Prime Minister Adel Abdul Mahdi welcomed the delegation, stressing that Iraq is in solidarity with neighboring Jordan and Kuwait in the devastating floods that hit the two countries and that Iraq offered its potential to send logistical, medical, engineering and civil defense assistance and support to the two brotherly peoples.
"We have significant and important participants with the Hashemite Kingdom of Jordan to overcome all obstacles and bureaucratic measures to move forward in enhancing bilateral cooperation," he added.
He pointed out that "the battle with terrorism has not ended despite the achievement of great victory and the liberation of our cities, but we are continuing and with great efforts to uproot the cells and eliminate it."