Happenings going on and or around Iraq
The Prime Minister, Maliki, is still pretty adamant on wanting to have a formed government by mid December.
The Al-Iraqiyah List says talks are going smoothly. They have met with National Alliance, Kurdistan Alliance, and had discussions about the portfolios distribution method. A member of the Kurdistan Alliance has recently stated that some of the portfolios that have been given to certain blocs have yet to be agreed upon. Some matters are still pending.
The draft has been completed governing the laws of the National Council for Strategic Policies (NCSP). This is the position which will be an executive position for Iyad Allawi if he decides to accept the position. Allawi has not accepted the position as of yet as he seems to think that the position will be a symbolic position instead of a position with executive powers. It is yet not known whether PM Maliki will relinquish some of the PM Powers to Allawi. The Al-Iraqiyah List will be the one who is drafting the text for this new position.
The Iraqi government has postponed the 2010 Iraq National Census, a new date will be decided during next week’s parliament meeting. The hold up is whether or not to mention the ethnic status on the census application.
The Iraqi parliament resumed a session today and discussed the unemployment rate for Iraqi’s. An invite was extended to the Acting Minister of Trade, Safa-al-Din al-Safi. The parliament also discussed the social security network salaries and support contracts. The parliament made no major advances or anything very noteworthy regarding any of the topics of discussion today. Many are anticipating and hoping that more progress will be made for next week’s meetings.
I would like it to be noted that, the Central Bank of Iraq (CBI) is not independent from the Iraq government nor does it have autonomy. Think about it, If it were to be independent (which it is not) then the Central Bank of Iraq would be more powerful than the Prime Minister’s office, not a chance in that happening. If you look at the Iraqi Constitution article 110, it states the Iraq federal government shall have the exclusive authorities in the following matters: such as the issuing of currency, formulating monetary policy.
The re-denomination has been postponed until next year as the CBI and the Iraq government have decided that 2010 is not the right time.
I previously mentioned over the last several months that the Development Fund of Iraq (DFI) will be extended an additional year and likewise the Chapter VII. The Iraqi government wants the DFI extended and the United Nations is in agreement. This will be the last time it will be extended. The article supporting this will be published shortly.
In Baghdad, the Iraqi government is preparing for the Arab Summit. Hotels are in the process of being built to solely accommodate the participants of the Summit.
There is still lack of basic services here in Iraq. The common Iraqi are still experiencing electrical shortages which is very frustrating for them. However, there seems to be no shortages for the Government, who by the way, live extremely well in the International Zone. Lack of food and shortages still plaque Iraq and Baghdad continues to be a very dangerous place. I don’t see that changing anywhere in the near future.
The CBI has advised some of the Iraqi Private banks to merge in order to increase their value but we have yet to see any of this as none of them have acted upon this request. The International Monetary Fund (IMF) never received the financial documents from the Ministry of Finance as requested going back to Feb, 10.
Considering all this and other matters that still plaque Iraq I am confident in reporting that there will be no RV in the month of December 2010. My analysis on the ground here in Baghdad is 100% confirmed as well as accurate.
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