Over the past several weeks Prime Minister Maliki has been in and out of meetings discussing various government business topics. One of those topics is in regards to the ration card. PM Maliki has assigned the provincial councils the primary responsibility of the ration card. The responsibility includes keeping up with supplies and distributing them in coordination with the Trade Ministry. In addition, the provincial councils will be given broader powers in terms of implementing projects and responding to people’s demands. The Prime Minister has also called for new elections for the provincial councils in districts and sub-districts and expects these elections to occur as soon a possible.
The Iraqi Parliamentary members resumed their session today (Sunday) after having postponed it for several days. The delay was due to the absence of the Parliament members who attended the Iraqi people demonstrations in their governorates. The session voted on investigative committees assigned to look into the Parliament members involved in demonstrations who will then report on them.
With luck, this upcoming week the Iraqi Parliament will be hosting Prime Minister Maliki. This was recently discussed during a press conference with a few representatives of parliament and political blocs in attendance. The subject of the meeting will be in regards to future plans as well as setting a time frame for making the necessary reforms and ensuring the stability of Iraq. I am being told that the Prime Minister will not be the only person called for a session with Parliament, other political blocs have been placed on notice as well.
In a strange twist of events here in Iraq, the Iraqi government and the Central Bank of Iraq just recently paid 2.7 billion usd to 3,500 commercial creditors that have been owed money by the government of Iraq. Interesting to me because It’s been several years since the Iraqi government paid any creditor or contractor millions of dollars that had been owed to them for different types of projects going back as far as to 2004. Not paying your creditors sets a bad tone especially when you rely on those relationships to assist with the reconstruction in Iraq.
No company in their right mind will help you in any fashion after they have supplied service and materials and you have failed to pay them. This process has gone on here in Iraq for several years with no compensation to contractors or suppliers. It will be interesting to see if those same companies will be willing to come back into Iraq and perform future reconstruction projects. My guess is that they would have to be pretty desperate. However, If they should have a change of heart let’s just hope that the government of Iraq pays on time for future projects completed. Although Iraq continues to take baby steps, this turn of events can bring about positive development for the government.
The Development Fund for Iraq will remain in the New York Federal Reserve with a different set of mechanisms and will referenced by another name at some point. The Iraq government funds will be protected from any liens and garnishments from future creditors.
As always, thanks for reading and being a loyal follower.
To continue to read and get the updated emails sign up for the American Contractor free (no strings attached) mailing list.