[rtl]It included the merger of 3 large banks.. The government takes a series of new decisions[/rtl]
Economy , 03/01/2024 09:15 Number of readings: 210
Economy , 03/01/2024 09:15 Number of readings: 210
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[rtl]Baghdad - Iraq today:[/rtl]
[rtl]The Council of Ministers held its first regular session for this year, headed by Prime Minister Muhammad Shiaa Al-Sudani, while it issued a number of decisions, including those regarding the Christian component.
The Prime Minister's Media Office stated in a press statement, “Al-Sudani chaired the first regular session of the Council of Ministers for this year, during which the general conditions in the country were discussed, the most important economic and service files included in the government program were discussed, the topics of the agenda were discussed, and directions and decisions were taken.” "about it."
The statement added, "In conjunction with the anniversary of the martyrdom of the 'Leaders of Victory', the Council of Ministers officially approved naming the street leading to Baghdad International Airport as (Martyr Abu Mahdi Al-Muhandis Street)."
In the field of government support for journalists, the Council of Ministers allocated, according to the statement, “an amount of (5) billion dinars to the Journalists Syndicate to cover the treatment of elderly, sick, and pioneer Iraqi journalists, and to support Their social solidarity, as well as to support and treat the families of the martyrs of the press, who number more than 500.” Journalist martyr.
In the field of administrative reform, evaluating general directors and ending the phenomenon of proxy administration, according to what was stated in Article (71) of the Federal General Budget Law, the Council of Ministers approved “the appointment of 99 general directors, based on the provisions of Civil Service Law No. (24 of 1960), in order to After evaluating them according to the mechanisms and standards approved and approved by the Council of Ministers.”
The statement continued, “In support of the children of the Christian component and their settlement in their areas, the Council decided the following:
- Approval of the sale of plots of land, amounting to (700) plots only, belonging to the Alqosh Municipality Directorate exclusively from residents of the Kasbah and the Christian religion, based on the provisions of the Sale Law.” And the rent of state funds (21 of 2013), amended to stabilize the aforementioned component.
- Placing a sign not to dispose of the property for a period of (3 years) from the date of ownership, and amortizing the amounts resulting from the sale, according to Cabinet Resolution (372 of 2019).
The Council also approved “The competent investment authority shall implement and grant the investment license to Ahl al-Wafa Company for Trading, General Contracting and Agricultural Investments Limited, to establish (a vertical residential complex with integrated services) at a total cost of ($736,243,600) ), on plots numbered (25/12, 23/75, and 23). /76) District 21 Al-Salam in Baghdad Governorate, which is owned by the Housing Construction Association for officers from the Ministry of Defense, based on the provisions of the amended Investment Law (13 of 2006), with the completion of procedures. The
Council of Ministers voted on the “Draft Law on the Second Amendment to the Authority Law.” “ Supreme Council for Hajj and Umrah No. (23) of 2005, which was reviewed by the State Council and referred to the House of Representatives, based on the provisions of the Constitution, taking into account the observations of the Legal Department in the General Secretariat of the Council of Ministers.
In the electric energy sector, the Council of Ministers approved the recommendation of the Ministerial Council for Energy (23108 I) for the year 2023 regarding the maintenance and operation of diesel stations (North Diwaniyah, East Diwaniyah, East Karbala, and North Amara) - STX Company, according to the following:
1.
2. Excluding the Ministry of Electricity from the content of the sixth paragraph of Council of Ministers Resolution (361 of 2022).
The Council also approved the recommendation of the Ministerial Council for the Economy (230326Q) as follows:
1. Approving the price of (100) thousand dinars per ton of black oil product supplied to all brick factories.
2. For factories (in the public and private sectors) that use black oil in operation and generation, except for what was stated in Paragraph (1) above, the supply shall be at a price of (150) thousand dinars per ton.
3. Unifying the prices of petroleum products for projects approved by the Ministry of Industry and Minerals and the National Investment Authority, and setting a time limit for implementation, otherwise these plants will be closed for a maximum of one year.
In the field of banking sector reform, the Council of Ministers approved the following:
1- Direct contracting with Ernst & Young; To study the issue of restructuring the Rafidain and Rasheed banks, present its recommendations regarding them, and propose a road map in this regard, within 6 months.
2- Direct contracting from the Industrial Bank with the company (Ernst & Young);To study the issue of merging banks (industrial, real estate, agricultural) into one bank from its specialized experts, provide the appropriate recommendation regarding it, and determine the time period required for the merger and the mechanism for transferring balances to the new bank.
3-Direct contracting from the National Insurance Company with Ernst & Young; To study the issue of merging the National Insurance Company with the Iraqi Insurance Company, into one company from its experts and specialists, and provide the appropriate recommendation regarding it, and determine the time period required for the merger and the mechanism for transferring its funds to a new company, as an exception to the instructions for implementing government contracts (2 of 2014), and the controls issued accordingly.
In order to end the displacement file, it was approved to continue work by Council Resolution No. (23466) of 2023. To meet the needs of displaced families and those returning from displacement and to alleviate their burdens, the date of June 30, 2024, will be the date for closing the camps and the voluntary return of the displaced, and filling a committee of ministries; Immigration, Displaced Persons, Education, Health, and the Kurdistan Regional Government; To close this file.
The Council of Ministers also approved the following:
First: Approval of the proposals to simplify government procedures presented by the Advisor to the Prime Minister for Human Development Affairs, within a comprehensive vision to simplify procedures that includes a clear guide, training and preparing employees regarding them, and the Prime Minister confirmed, in this regard, it is important for citizens to truly feel the results of this vision and procedures.
Secondly, approving the projects mentioned in paragraphs (first, second, third, fourth, fifth, sixth, eighth, eleven, fifteen) of the recommendations of the minutes of the sixth meeting of the Iraqi-Chinese Framework Agreement, based on To the provisions of Article (2/The Second Axis/The Iraqi-Chinese Agreement) of the Federal General Budget Law (13 of 2023).
Third: Approval of extending the work of Council of Ministers Resolution (23035) of 2023, regarding postponing the collection of customs duties for imported goods and goods in the name of ministries and agencies. Not affiliated with a ministry, unless the contract stipulates that the exporter will bear those fees, until June 30, 2024.”[/rtl]
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