The Iraqi government issues a number of new decisions

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[size=52]The Iraqi government issues a number of new decisions[/size]

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The Council of Ministers, during its session held today, Tuesday, issued several decisions, including approval of reducing the exchange rate of the dollar to 1,300 dinars.[/size]
[size=45]A statement by the media office of the Prime Minister, received by (Baghdad Today), said, “Prime Minister Muhammad Shia’ al-Sudani presided today, Tuesday, the sixth regular session of the Council of Ministers, during which various issues and developments in the country were discussed, topics on the agenda were discussed, and decisions and recommendations were issued.” about it.”[/size]
[size=45]According to the statement, the session witnessed a discussion of the repercussions of the rise in the exchange rate of the dollar in the market, and its negative repercussions on the general reality in the country.[/size]
[size=45]The statement added, “In order to mitigate its effects on citizens and various economic sectors, the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, according to the following:
1310 dinars to the dollar, the selling price for banks. ”[/size]
[size=45]– 1320 dinars to the dollar, the sale price by banks and non-bank financial institutions to the final beneficiary.[/size]
[size=45]And the statement continued, “Based on Iraq’s position of solidarity with the victims of the earthquake that struck Turkey and Syria yesterday, the Council of Ministers approved that the Ministry of Immigration and Displaced purchase relief, food and health materials at an amount of three billion dinars, from emergency security allocations, as an exception to the contracting methods stipulated in the law.” No. (2 of 2014), and these materials are allocated to the Iraqi Red Crescent Organization to be presented as humanitarian aid and materials on behalf of the Iraqi government for those affected by the earthquake in the Turkish Republic and the Syrian Arab Republic.[/size]
[size=45]The statement indicated that “within the framework of granting financial entitlements to farmers and farmers, the Council of Ministers confirmed the implementation of Resolution No. (270 of 2022), which stipulates authorizing the Ministry of Commerce to pay the dues of farmers and farmers in the Kurdistan Region (2015-2016) at the subsidized price, according to the Emergency Support Law.” for food security and development”.[/size]
[size=45]And later, by the Council of Ministers’ decision (474 ​​of 2021), and for the purpose of determining the price of gas sold by the Basra Gas Company in the economic feasibility study and the commercial model of the Nibras petrochemical project, according to the statement, the Council of Ministers decided the following:[/size]
[size=45]The price of the gas used to operate the project will be (1.5) dollars per million British thermal units, and the Ministry of Finance will bear the difference in the price sold by the Basra Gas Company.[/size]
[size=45]– The General Company for Iraqi Ports transferred ownership of the land to the General Company for Petrochemical Industries for the purpose of allocating it to the Nibras Petrochemical Project based on the Law of Sale and Lease of State Funds and the amortization of the sale price according to the Federal Financial Management Law[/size]
[size=45]Also in the energy file, according to the statement, the Council of Ministers approved the recommendation of the Energy Ministerial Council (23015-d for the year 2023), which provides for the continuation of the final signing and activation of the licensing round contracts for the border blocks and fields (the fifth round), since a very long period has passed since their referral.[/size]
[size=45]The Cabinet discussed other issues on the agenda, and issued the following decisions, according to what was stated in the statement:[/size]
[size=45]First: The ownership of Al-Tadamun schools without compensation to the concerned municipality, in accordance with the Law of Owning Lands and Emiri Buildings, provided that the Islamic Solidarity Society does not have a property or a building that is suitable for the intended purpose of ownership, and the ownership is exclusively for this purpose.[/size]
[size=45]Authorizing the Minister of Construction, Housing, Municipalities and Public Works to allocate lands for the purposes of public benefit institutions, in accordance with Resolution (996 of 1976), for lands belonging to the municipality.[/size]
[size=45]Amortizing the similar wage for the previous work period in accordance with the amended Federal Financial Management Law and Cabinet Resolution (28 of 2020).[/size]
[size=45]Second / Approval of the draft law of the second amendment to the Law of Scientific and Advisory Service Offices in Higher Education and Scientific Research Institutions No. (7 of 1997), which was audited by the State Council / and referred to the House of Representatives, taking into account the notes of the legal department in the General Secretariat of the Council of Ministers.[/size]
[size=45]Third: Approval of allocating sums to each of the governorates (Baghdad, Najaf, Holy Karbala, Salah al-Din) to meet the expenses of visitors on religious occasions.[/size]
[size=45]The Ministry of Finance included an amount of 50 billion dinars to the aforementioned governorate allocations within the draft federal budget law for the fiscal year 2023/2023.[/size]
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