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Samson: The new salary scale will be within the 2020 budget
2nd July, 2019
"The salary scale will come into effect through the 2020 budget, which can not be implemented at the present time because of the lack of financial allocations within this year's budget," Jawdat said. LINK
Popeye7: Boy Samson, this post is just what the doctor ordered... The above paragraph says it all... IMO, they need the rate to be made known internationally... Thanks for highlighting it, and for all that Don, and yourself do... God speed concerning this monetary reform...
Frank26: IMO ... MAYBE ON THE 4TH ... T MAY IGNITE OUR CURRENCY AS WELL
Popeye7: Interesting choice of words Frank.. "T may ignite our currency AS WELL."... Are you insinuating the possibility that Iraq's currency will be, or will have been ignited on an international level at this point in time?...
Suzie: Good conference call and BIG thanks to all who bring us the news. Frank kind of alluded to July 4th for possible change in our currency also(hope he's right)
BWS: Suzie- I think it was more of an announcement by Trump that will ignite some changes. Also, IMO, there has been no mention of anything needed for Trump to do this. It's easy to miss something these days! So much coming out! And it's literally all good!
Sarge: Come on July 4TH!!!! I want some good news to go along with My BBQ..
Monday Night KTFA CC 7-1-19
PLAYBACK # : 605.313.5163 PIN: 156996# Or (605) 313-5153 PIN: 319183#
Samson: Deputy: Parliament votes on the new governor of the Central Bank and 7 degrees today
2nd July, 2019
The representative of the Fatah Alliance Amer al-Fayez, on Tuesday, the House of Representatives received the curricula vitae of candidates for 8 degrees, where he is scheduled to vote on them, while confirmed that the candidate of Prime Minister Abdul Mahdi for the post of governor of the Central Bank will also gain confidence.
Al-Fayez said in a statement that the Presidency of the Council of Representatives received the names of 8 candidates with their curricula vitae to fill eight grades, especially the governor of the Central Bank.
He added that "the political agreement and according to the agenda provides for the passage of candidates during the session today," noting that "the parliament will also discuss the validity of the membership of some of the deputies as well." LINK
Samson: Payment of dues and debts of previous years for members of the education of Basra next week
2nd July, 2019
The Directorate of Education in the province of Basra, on Tuesday, the approval of the Ministry of Finance to pay dues and debts of previous years of its members.
The Directorate said in a statement received by "Al-Ghad Press", a copy of it, that "the Director General of Education Abdul Hussain Salman met on Tuesday at the Ministry of Finance Director of Finance in the Directorate Manaf Adnan Hashim."
She added that "the meeting included the follow-up of the book of insane lecturers fees, which was raised previously for the financial, and the issues of delay bonuses and promotions for all members as well as securing the entitlements of examinations and supervision duties."
She pointed out to "obtaining the approval of the Ministry to pay dues and debts of previous years to its members, including the dues of the peace and construction of supervisors," and instructed that "will be disbursed from next week." LINK
Samson: Parliamentary Finance demands recovery of funds smuggled abroad after 2003
2nd July, 2019
"The money smuggled after 2003 is the core of the work of the Supreme Council for Combating Corruption," said a member of the Finance Committee, Haneen al-Qaddu, on Tuesday (July 2nd, 2019), calling on the council to "move towards the recovery of these funds from abroad."
"The council should identify the bodies and persons who have smuggled the money, which is worth billions of dollars, and to launder it and transfer it abroad," Qado said in a statement.
"The Supreme Council for Combating Corruption did not take its role and did not act to recover Iraq's smuggled money after 2003," Kaddo said, noting that the Finance Committee "discussed the smuggling of funds and enacted a law that includes procedures, recommendations and incentives for recovery." LINK
Jjonesmx: JULY 1, 2019
Parliament Voted to Complete Iraq’s Cabinet: What’s Next?
BY ABBAS KADHIM
Since the ratification of Iraq’s constitution in 2005, the government formation has been an excruciatingly protracted process. While the constitution does not require a specific distribution of appointments by sect or ethnicity, the multitude of political blocs and the ethno-sectarian interest networks forced an allotment of cabinet positions among the diverse components of the Iraqi population.
While inclusive governance is an admirable goal, it can be a formula for failure when merit is sacrificed for the sake of meeting ethno-sectarian quotas. With only a few exceptions, Iraqi ministries have been treated as fiefdoms to be controlled by the ministers or their parties and face little accountability or transparency requirements. Even in the few cases when ministers have resigned—or were removed from office for proven corruption or mismanagement of public funds—they later returned to senior political positions or left the country unscathed. For this reason, filling cabinet posts has turned into ferocious horse-trading among influential Iraqi leaders.
The last government formation was no exception. To their credit, some political blocs gave Prime Minister Adil Abdul-Mahdi liberty to choose professional technocrats for their shares of ministry posts, which he ably did, but others insisted on presenting their own nominees in continuation of the entrenched interest-based tradition. Prime Minister Abdul-Mahdi secured parliamentary confidence in his cabinet in October 2018, but eight ministries remained unfilled because no consensus was reached on the proposed names. Four ministers were subsequently confirmed, while four others, including the powerful ministries of interior and defense, lingered in the parliament for eight months.
On June 24, parliament voted to confirm the ministers of interior, defense, and justice. The candidate for the Ministry of Education was rejected and a new candidate needs to be nominated.
Now that the government is almost fully formed, the prospects of good governance still remain subject to many variables. As the summer heat scales up to unbearable degrees, the most important indicator of popular satisfaction will be the electricity supply. The current government inherited a depleted electricity system and a ministry with a longstanding record of corruption and incompetence.
Several helpful measures were taken in the past few months to address the ministry’s structure and raise capacity, including the completion of a few previously unfinished projects that added to the power supply as well as the signing of a new contract with Siemens to make some cross-sector improvements in power generation, transport, and distribution. The renewal of the US waiver to continue importing gas and electricity from Iran until September also aided Prime Minister Abdul-Mahdi’s government. If the electricity supply improves noticeably this year, and a satisfactory trajectory is established for the coming years, this will increase the likelihood that Iraq’s government will be viewed as effective.
Now that Prime Minister Abdul-Mahdi’s government is complete—except for the Ministry of Education, which is now ably run by the Minister of Higher Education—it is time to move ahead with improved governance, anti-corruption measures, and a serious focus on the economy.
One prudent departure from the previous administrations would be to change the philosophy of governance from unachievable elaborate plans and adopt a new style of governance that establishes a proven record of sustained small, but significant, accomplishments to restore public confidence in the government.
A well-designed infrastructure program that is compatible with the capacity and resources of the government with a reasonably quick timeline and with clearly defined, achievable goals is the only realistic path for Iraq in the foreseeable future. If elaborate, long term projects must be pursued, they should be broken into stages to ensure efficiency and transparency.
Don961: The Group of 20 is committed to a free and fair trading and investment environment
Monday, 01 July 2019
Osaka / follow-up
The 14th Summit of the Group of 20 concluded by pledging to establish a free, fair, non-discriminatory, transparent, stable and predictable trading and investment environment and to maintain open markets.
International trade and investment are important drivers of growth, productivity, innovation, job creation and development, said the G20 Leaders' Declaration in Osaka.
While emphasizing their support for the necessary reform of the WTO to improve its functions.
The G-20 leaders said they would work constructively with other WTO members in the run-up to the 12th WTO Ministerial Meeting.
They agreed that action was required on the functioning of the dispute settlement system in a manner consistent with the rules negotiated by WTO members.
In recognition of the complementary roles of bilateral and regional free trade agreements consistent with the World Trade Organization, the G-20 leaders said that they would work to ensure equal opportunities for an enabling environment
Noting that global economic growth remains low and risk is low, and, more importantly, that trade and geopolitical tensions have intensified, G20 leaders said they will continue to address these risks and are ready to do more.
They reaffirmed their commitment to using policy tools to achieve strong, sustainable, balanced and comprehensive growth and to protect them from downside risks by increasing dialogue and business to enhance trust.
With regard to development, the G-20 leaders said they were determined to play a leading role in contributing to the timely implementation of the 2030 Sustainable Development Agenda and the Addis Ababa Agenda for Action.
They acknowledged that public and private funding for global development along with other innovative financing mechanisms, including co-financing, can play an important role in enhancing their collective efforts.
The two-day summit discussed issues related to the global economy, multilateral trade, development and climate change, among others.
The G20, established in 1999, is a central forum for international cooperation on financial and economic issues. It consists of 19 countries plus the European Union.
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, Britain and the United States.
The group is home to nearly two-thirds of the world's population, an estimated 80 percent of world GDP and 75 percent of world trade.
As an informal forum, the Group of 20 has no governing body or permanent body. Instead, the G-20 countries rotate to host the summit.
Saudi Arabia will host the Group of 20 summit in 2020. link