Off-balance sheet

[yota691]

Information on the budget of 2018 in dollars

Editorial Date: 2018/3/3 18:36 • 16 times read

(Baghdad: the Euphrates News) voted the House of Representatives on Saturday on all paragraphs of the federal budget for 2018.

The budget included expenditures in Iraqi dinars and the US dollar. 
Here we explain to everyone some information about these expenses: 
104 trillion dinars = 88 billion dollars 
budget deficit 12.5 trillion dinars = 10.25 billion dollars (means 10 billion and a quarter billion dollars) the 
price of a barrel of oil approved in the budget on the basis of $ 46 dollars export rate of 3.8 million barrels per day, including 250 thousand barrels of quantities of crude oil produced in the provinces of Kurdistan. 
Accreditation of 5% of the revenues of crude oil and natural gas for the petrodollar project for the producing governorates. 
Iraq's oil imports in the budget amounted to more than 77 trillion dinars, and 14.4 of non-oil revenues. 
$ 2.5 billion for the purchase of weapons, equipment and logistical support for the Ministries of Interior and Defense, the Popular Struggle and the Counter-Terrorism Bureau.
To force the Kurdistan Regional Government to export at least 250 thousand barrels of crude oil per day produced from its fields to be marketed through the company {Sumo} exclusively and received revenues to the federal public treasury. 
It also included the following budget: the 
allocation of a proportion of the allocations of the federal ground forces of the Iraqi army to the salaries of the Peshmerga forces according to the population ratios of the said forces as part of the Iraqi security system. 
And to force the Kurdistan Regional Government to return the amounts of Kirkuk province achieved from the petro-dollar and deposited in the banks of the Kurdistan region to the expense of the province in Kirkuk.
The appointment in all government departments shall be prohibited in the manner of contracting with the possibility of renewing previous contracts in the case of necessity. The contract period for the permanent landlords after 9/4/2003 shall be calculated as an actual service for the purposes of the premium, promotion and retirement, so that no financial consequences will be imposed retroactively. pensions for the duration of the contract calculated, 
and the lack of appointment in any leadership positions , Director General {above} unless there is a degree in law or the ministry is not related to the Ministry or instructions works office. 
In addition to the suspension of appointments in the three presidencies (the Council of Representatives, the Presidency, the General Secretariat of the Council of Ministers and the Office of the Prime Minister) and the departments and departments belonging to the three presidencies. 
And the continuation of the sales tax on the service of mobilizing mobile phone and Internet networks by (20%) and revenues are credited to the final revenue of the Treasury.
A sales tax of 5% is imposed on all goods sold except for the ration card items in the malls and the services provided in the men's and women's shaving salons. 
It also leases an airport tax at a lump sum of 25000 dinars per ticket for foreign travel and $ 10,000 for domestic travel at all Iraqi airports and is credited to the Treasury. 
Punishment of imported alcoholic beverages shall be imposed at a rate of (200%) of the value of the imported goods, provided that they are met at the border port. 
A tax on sweets, ice cream, dairy products, juices and imported soft drinks is also levied at a rate of 25% of the value of the imported goods.

[yota691]

Iraq's parliament approves $88bn budget as Kurdistan MPs boycott vote – lawmakers

Published time: 3 Mar, 2018 13:55

 

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Iraq's parliament approved a 104 trillion dinar (US$88 billion) 2018 state budget on Saturday, two lawmakers told Reuters. Lawmakers from the semi-autonomous Kurdistan region boycotted the session. "We boycotted the vote and there are proposals for Kurdistan to withdraw from the entire political process in Iraq over the unfair treatment we have received,”Kurdish lawmaker Ashwaq Jaff said. Tensions between Baghdad and the Kurdistan region have been heightened since September, when the region held a controversial referendum on independence. Iraq's Supreme Federal Court ruled the referendum unconstitutional, calling the results of the vote void.

[dinarham]

   104 trillion divided by 88 billion equals 1181.8181 81 ,familiar number 

[steveh12]

And the " WINNER " Is?? 

[10 YEARS LATER]

1 hour ago, gregp said:

I’m thinking a float.  

 

Make mine a Root Beer in a Golden Chalice, and I'll sip it through my 24 Karat Gold Straw ! 

[10 YEARS LATER]

49 minutes ago, ScaryMary said:

Guess if you wanna drink there you must really mean it. 200%?

 

Yup . . . professional drinkers only.

[ChuckFinley]

That what I want to see, no amateurs.  

[10 YEARS LATER]

36 minutes ago, ChuckFinley said:

That what I want to see, no amateurs.  

 

I . . . Shoes . . . BEER . . . !   . . . and a Scotch Chaser 

[ChuckFinley]

3 minutes ago, 10 YEARS LATER said:

 

I . . . Shoes . . . BEER . . . !   . . . and a Scotch Chaser 

Now you are talking my langu6. 

[yota691]

Saturday, March 3rd, 2018 19:25

 

 

5 cars for each of the presidents of the Republic and the ministers and the parliament with the Iraqi budget

BAGHDAD (AFP): The Iraqi budget approved Saturday after months of controversy 5 cars for each of the heads of the three governing bodies, and the era of spending amid a deficit of 11 billion dollars. 

Article 26 of the budget stressed the pressure of expenditure and reduce the amounts allocated for fuel and maintenance of used cars and identified 5 cars for the Prime Minister and like the Presidents of the Republic and Parliament. In addition, four cars were identified for each of the two vice presidents of the House of Representatives, three cars for the minister or his rank and two cars for each of the ministry's agents. Iraqi officials usually have large marches with dozens of cars. The budget law does not allow the "use of the vehicle in the hands of the employee in the processions of officials or their services and return all cars that are more than the number specified and sold under the law of sale and rent of state funds."



Iraq suffers from major economic problems caused mainly by the drop in oil prices and the high cost of the three-year battles against the state organization "Dahesh", and destroyed 90% of the infrastructure in three provinces. 

The House of Representatives passed on Saturday the budget of the country, which amounted to 77.5 billion dollars with a deficit of 11 billion dollars, amid the province of Kurdish deputies who object to reduce the proportion of Kurdistan in the budget from 17 to 12.6%. 

According to Transparency International, Iraq is one of the most corrupt countries in the world and ranks 16th in a list of 176 countries. Iraqis have for years denounced financial neglect that is destroying the country and dismantling its infrastructure despite billions of dollars in investment.

[yota691]

$ 88 billion budget for 2018

Readers

 

 

$ 88 billion budget for 2018

 

03-03-2018 06:42 PM

 

The Euphrates -

 

The House of Representatives approved the budget of the country, which amounted to 77.5 billion dollars with a deficit of 11 billion dollars, amid the boycott of Kurdish MPs who object to reduce the proportion of Kurdistan in the budget from 17 percent to 12.6. 

Public spending in the budget approved after a major controversy amounted to 88 billion dollars, and the deficit of 11 billion dollars, covered from domestic and foreign loans. 

The budget allocated $ 20 billion for investment and projects. 

The budget relied on the price of selling oil at $ 46 per barrel at a rate of three million and 888 thousand barrels per day, including 250 thousand barrels of oil produced in the Kurdistan region. 

Kurdish deputies boycotted the session for the second time, protesting their 17 percent cut to 12.6 percent. 

The Prime Minister, Haider Abadi, the adoption of population ratios on the share of the Kurdistan region in the budget, and confirms that the increase to 17 percent was for political gains. 

The President of the House of Representatives in a press conference after the adoption of the budget, that the demands of the Kurds were included in the budget and was addressed, especially with regard to salaries of staff of the region and social welfare. 

He also addressed the salaries of the Peshmerga forces, and the commitment of the federal government to do so. 

This is the first time that the government has pledged to pay the salaries of Peshmerga forces, which were paid by the government of the territory. 

In the context of the current situation, Kurdistan is going through the worst economic crisis since its inception, at a time of debt-ridden following the collapse of oil prices since 2014.

[yota691]

Federal Budget Law

04/3/2018 12:00 am  On behalf of the people, the  Presidency of the Republic  on the basis of what was approved by the Council of Representatives and ratified by the President of the Republic and based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution.  The following law was issued:  Federal Budget Law of the Republic of Iraq for the fiscal year 2018   ((Chapter I)) Revenues Article 1 First-a- Federal budget for the fiscal year / 2018, revenue is estimated at $ (91,643,667,236) thousand dinars (Ninety - one trillion six hundred and forty - three billion six hundred and sixty - seven million , two hundred and thirty - six thousand dinars) As shown in (Table A / Revenues according to the preparation) attached to this law. B - Calculation of revenues from the export of crude oil based on the rate of (46) dollars (forty-six dollars) per barrel and the export rate of (3888000) barrels per day (three million eight hundred and eighty-eight thousand barrels per day), including (250000) barrels per day And fifty thousand barrels per day) of the quantities of crude oil produced in the provinces of the Kurdistan region on the basis of the exchange rate (1182) dinars per dollar and all revenue is actually achieved a final revenue for the state treasury.   Second: The ministries and entities not affiliated with the Ministry and the provinces are obliged to record all the amounts of cash grants obtained under the memorandums of understanding with foreign governments or institutions as final revenues of the Federal General Treasury and the Federal Ministry of Finance to reallocate them for the purposes granted for them.  Third: The amounts allocated to the ministries and non-affiliated entities in the Ministry and the governorates after being accepted by the Federal Minister of Finance shall be credited as final revenue to the Federal General Treasury. The Federal Minister of Finance shall allocate them to the appropriations of the Ministry or the entity not connected to the Ministry of Disbursement in accordance with the purposes for which they were granted. The amounts of grants or donations from foreign governments and institutions to ministries and entities not affiliated with the Ministry or the governorates and the provincial councils under memorandums of understanding or from the private sector shall be recorded as final revenues for the Treasury whether these grants and contributions are in the form of technical assistance or the implementation of projects (other than training courses) , And that their guesswork is recorded in the records of the ministry or the non-affiliated to the ministry or the regions and governorates and the provincial councils of the relationship. Acceptance of cash or in kind grants and re-allocation in coordination between the beneficiaries and each of the ministries of planning and Financial federated. Fifth: The amounts of grants and unused subsidies shall be calculated from the amounts allocated to the government departments and public sector companies by the end of the fiscal year 2017 in accordance with the accounting standards used to calculate the final disbursement. The surplus or overpayments on these bases shall be considered as an advance against the grant allocated to the department or unit per year financial 2018. ((Chapter II)) expenditure and deficit Article (2) First: Expenditure - The amount of (104158183734) thousand dinars (one hundred and four trillion and one hundred and fifty-five billion one hundred and eighty-three million seven hundred and thirty-four thousand dinars). For the fiscal year 2018, including the amount of internal and external debt installments of (8246899000) thousand dinars (eight trillion two hundred and forty-six billion and ninety nine hundred and ninety million dinars), distributed according to (field / 3 total expenditure) of (Table / B expenditures by ministries) Annexed to this law. 1) The amount of (24650112138) thousand dinars (twenty four trillion and six hundred and fifty billion and one hundred and twelve million and one hundred and thirty thousand dinars) for project expenditures to be distributed according to (field / 2 expenditures of investment projects) of (Table / B expenditures by ministries) Law. Including the amount of (5516318350) thousand dinars (five trillion five hundred and sixteen billion and three hundred and eighteen million and three hundred and fifty thousand dinars) through foreign loans.  2 - The amount of (79508071596) thousand dinars (seventy-nine trillion five hundred and eight billion seventy-one million and five hundred and ninety-nine thousand dinars) for current expenditures according to (Field / 1 - current expenditures of (table / expenses by ministries) attached to this law. (A) (b) above, including the Council of State and the Council of Ministers' Resolution No. (350), shall be allocated to the budget of the Federal Ministry of Finance out of the allocations referred to in item (i) ) For the year 2016.  B - The Council of Ministers Add allocations (2) trillion dinars to the allocation of emergency reserve.  4 - An amount of (400000000) thousand dinars (four hundred billion dinars) for (reconstruction and development projects in all governorates) out of the allocations referred to in item (a / a) of Article (2) above is distributed according to the population of each province and is implemented on As follows:  A. The Governor shall submit a plan for the reconstruction of the governorate, districts and sub-districts approved by the Provincial Council.  B- The Governor shall exclusively implement the approved reconstruction plan and the Governorate Council shall be responsible for monitoring implementation. 5% (5%) of the crude oil revenues produced in the governorate and 5% (5%) of refined oil revenues in the governorate refineries and 5% (5%) of the revenues Natural gas produced in the province, provided that the province chose to choose one of the revenues produced above and to allocate an amount of (400.000.000) thousand dinars (four hundred billion dinars), as projects to the provinces produced out of the allocations referred to in item ) Of Article (2) above and the Governor after the approval of the Provincial Council the right to dispose and use no more than (50%) (fifty percent) of the specialization Data referred to above for the purpose of importing electricity or provide services to maintain and clean them or the expenses of treatment for patients inside and outside Iraq or ongoing expenses , according to the needs of the province. Disability 1 - The total deficit planned for the federal budget for the fiscal year / 2018 (12514516498) thousand dinars (twelve trillion five hundred and fourteen billion five hundred and sixteen million and four hundred and ninety thousand dinars), and covers the deficit of the abundance achieved, and then borrowing internal and external except for loans Financed by foreign parties for projects included in the deficit gap table funded by the deficit and from the amounts of cash withdrawn in the account of the Federal Ministry of Finance from the increase in selling prices of crude oil exported or increase crude oil exports according to the details shown in the below: a) continue to borrow from the Bank of Japan (JBIC) of the loan amount (500) million dollars (five hundred million dollars) to finance the projects of the Ministry of Electricity. In the amount of (80) million dollars (eighty million dollars) from 2018. B- The Islamic Development Bank loan in the amount of (800) million dollars (eight hundred million dollars). The Federal Ministers of Finance and Planning should include the annual allocations of the loan to finance projects for the Ministries of Electricity, Construction, Housing, Municipalities and Public Works, Health, Labor and Social Affairs, Scientific research, agriculture, trade, education, migration and displaced persons, and the Baghdad secretariat in 2018).  C. To continue to borrow from the Japanese Agency for International Cooperation (JICA) in the amount of (1500) million dollars (one thousand and five hundred million dollars) for the purpose of financing projects in the amount of (585,536) million dollars (for the year 2018) distributed as follows :  - Ministry of construction and Housing projects and municipalities and public works $ 128 million  - the Ministry of Electricity projects 276.5 million dollars - Projects of the Ministry of Water Resources $ 2.4 million  - the Ministry of Oil Projects 41.375 million  - the Ministry of Industry and Minerals projects , $ 13.4 million  - the Ministry of Health and Environment projects $ 3.6 million  - the Ministry of Transport projects 67.461 million  - the Ministry of Communications projects $ 8 million  -mcharaa electricity to the provinces of the province Kurdistan $ 28.8 million  - Municipal projects for the provinces of Kurdistan $ 16 million  d. To continue to borrow from the German Development Bank (KFW) out of the loan amount (500) million euros (five hundred million euros) to finance projects for the reconstruction of areas liberated from terrorism and the amount of (152) million dollars (one hundred and fifty-two million dollars) for 2018. e. The Italian loan amount of 260 million euros (two hundred and sixty million euros) will be financed by an amount equivalent to 78.6 million dollars in 2018 distributed as follows:  - Projects for the Ministry of Water Resources - 46.600 million dollars  - Projects To the Ministry of Agriculture $ 16 million  - projects to the Ministry of Commerce $ 16 million  . (4550) million dollars (four billion five hundred and fifty million dollars) to finance the needs of the Ministry of Defense and will be funded (706.4) million dollars (seven hundred and six million four hundred thousand dollars) from 2018.  g . ($ 500 million) to finance the projects of the ministries in the amount of (251.2) million dollars (two hundred and fifty million two hundred thousand dollars) for the year 2018 as follows:  - Ministry of Construction, Housing and Public Municipalities $ 175.2 million  - Ministry of Electricity $ 12 million  - Municipality of Baghdad $ 40 million  - Ministry of Health and Environment $ 14.4 million  - Ministry of Finance $ 6.4 million  - Ministry of Planning $ 1.6 million  - Kurdistan Region Governorates $ 1.6 million  h. To continue to borrow from the British Export Bank (UKEF) to finance infrastructure projects by $ 160 million in 2018 and distributed  as follows:  Ministry of Construction, Housing, Municipalities and Public Works to finance: - Water desalination project for the province of Basra $ 80 million  - Hilla sewer project $ 80 million  i. To continue to borrow from foreign banks with the Swedish EKN guarantee of 500 million dollars ($ 500 million) to finance the projects of the Ministry of Electricity to be implemented by ABB in the amount of 120 million dollars (120 million dollars) for the Ministry's projects for 2018  . To continue to borrow from the German Export Guarantee Corporation, Standard Bank and Gartrad for 500 million dollars (US $ 500 million) for the implementation of the German Siemens project of the Ministry of Electricity and will be funded (160) million dollars (one hundred and sixty million dollars) in 2018. 4. The Federal Minister of Finance is authorized to borrow (22) million dollars (twenty-two million dollars) for water supply projects in the governorates of Kurdistan Region, including the Halabja water project and within the JICA loan.  5 - Continuing to authorize the Federal Minister of Finance or his successor after the approval of the Council of Ministers to borrow an amount of (2500) million dollars (two billion five hundred million dollars) to guarantee the institutions of international exports for the purpose of purchasing weapons and the provision of logistical support to the Ministries of Interior and Defense, Financing of the amount of (906.4) million dollars (nine hundred and six million four hundred thousand dollars) from 2018 distributed as follows:  a. Ministry of Defense $ 600 million  b. Ministry of Interior $ 146.4 million  c. The popular crowd of $ 80 million  d. The anti-terrorism apparatus is 80 million dollars 6. Continuing to borrow for the various annual maintenance projects of the Ministry of Electricity with the guarantee of international export guarantee institutions in favor of the US company GE. The sum of 350 million dollars will be financed in 2018.  7. Borrowing from the Kuwait Fund for Arab Development an amount of (440) million dollars (four hundred and forty million dollars) to finance projects for the Ministry of Education in the amount of (80) million dollars (eighty million dollars) during 2018.  8 - Borrowing from the Saudi Fund for Development the amount of (500) million dollars (five hundred million dollars) to finance projects in the amount of (30) million dollars (thirty million dollars) during the year 2018 for the ministries and distributed as follows:  a. Ministry of Health $ 16 million  b. Ministry of Water Resources $ 6 million  c. Ministry of Agriculture $ 8 million 9 - Borrowing from international commercial banks and with the guarantee of the German Export Guarantee Corporation (500) million dollars (500 million dollars) to finance projects of the Ministry of Electricity to be implemented by the German company Siemens (80 million dollars).  10 - Borrowing from the International Fund for Agricultural Development (IFAD) the amount of (15.730) million dollars (fifteen million seven hundred and thirty thousand dollars) for the projects of the Ministry of Agriculture and the amount of  (4.8) million dollars (four million eight hundred thousand dollars) will be funded through 2018.  11 - Borrowing from the World Bank ($ 1140) million (one thousand and one hundred and forty million dollars) to finance the projects listed below: -  Reconstruction of liberated areas project / Phase II $ 400 million - Emergency Project for Social Stability and Sustainability / Ministry of Labor and Social Affairs by granting small and income-generating projects loans $ 200 million  - Financing social development projects in the Ministry of Planning $ 300 million  - Project for the development and distribution of electricity in Basra Governorate $ 200 million  - Social Protection Strategy / Ministry of Labor and Social Affairs $ 40 million  and the Federal Ministers of Finance and Planning to add the annual allocations to finance the above for the year 2018 out of the loan amount.  12. Borrowing from the US Overseas Private Investment Corporation (OPIC) or the International Export Guarantee Institutions (WISC) an amount of (386) million dollars (three hundred and sixty six million dollars) to finance  the Samawah Power Plant Project And Dhi Qar / Ministry of Electricity for GE). $ 200 million ($ 200 million) will be financed during 2018.  13. Borrowing from the Japanese International Cooperation Agency (JICA) is $ 1314 million for project financing and is distributed as follows:  a. ($ 174 million), including the increase of 54 million dollars (fifty-four million dollars).  B. The project of the auxiliary worker refining unit for the Ministry of Oil (1000) million dollars (one thousand dollars).  C. The second irrigation project for the Ministry of Water Resources (140 million dollars) (one hundred and forty million dollars).  The Federal Ministers of Finance and Planning must add the annual allocations for the above projects within the 2018 budget. 14- Borrowing with the guarantee of China Export Insurance Corporation (500 million US dollars) to finance infrastructure projects and the Federal Ministers of Finance and Planning to add the annual allocations of the above projects within the budget of the relevant authorities for 2018.  15. Borrowing from the British Export Bank ($ 1020 million) to finance the Ministry of Electricity, including (700) million dollars (seven hundred million dollars) during the year 2018 is distributed as follows:  - Ministry of Electricity to finance the:  - the project of power stations Nasiriyah and Samawah $ 500 million  - GE Energy Transfer project with 200 million countries T  16 - continued to authorize the Minister of Finance and the approval of the Council ofMinisters to provide sovereign guarantees for investment projects in the electricity sector, as follows: - (  a) ensure that debt ceiling (1.2) billion dollars , with interest. B. To ensure payments of services not exceeding (1) billion dollars for a period of three years beginning in 2020.  17. The Federal Minister of Finance or his authorized representative, with the approval of the Federal Prime Minister, may issue guarantees to:  A- General Electric Company (63 million dollars) (sixty three million dollars) for the financing and maintenance of the Qayara stations of the Ministry of Electricity  ; (125 million) dollars (one hundred and twenty-five million dollars) to finance, rehabilitate, maintain and operate stations belonging to the Ministry of Electricity.  18. The Federal Council of Ministers may make transfers between the loan allocations specified in paragraphs (2) and (3) of Article (2) of this Article and change the name of the beneficiary.  19. All sovereign guarantees for investment projects shall be approved by the Council of Ministers and approved by the Council of Representatives. 20. A loan agreement with foreign governments may not be made conditional on the oil and its derivatives being sold without the approval of the House of Representatives.  21 - The Federal Government and the Ministry of Oil to review the contracts of oil licensing rounds to amend the terms of contracts in order to preserve Iraq's economic interest and pay for increasing oil production and reduce costs and find a mechanism to recover costs to suit the price of oil.  22 - Obligation of the Ministry of Oil to implement the decision of the Committee on Energy Affairs in the Council of Ministers No. 139 of 2013 the establishment of the second side of the path of bitira. (Chapter III)) general and final provisions Article 3 The expenditure shall be deducted from the main expenditure accounts (compensation of employees, service inputs, commodity inputs, maintenance of assets, capital expenditures, grants, subsidies, debt service, interest and other expenses, liabilities, contributions and foreign aid, special programs, social welfare) Federal Budget of the Republic of Iraq from the Federal Minister of Finance.  Article 4 First: The Federal Minister of Finance has the authority to conduct transfers between the federal budget appropriations of the Republic of Iraq approved in the annual federal budget at the level of doors, sections, classes, materials, species and sequence of type and case by case. Second: Ministers and heads of non-governmental entities and governors, including governors of the governorates of the Kurdistan region, shall be entitled to transfer between the appropriations of the expenditure units included in their annual budget by a rate not exceeding 5% (5%).  Third: The ministers and heads of the non-affiliated bodies and the governors and heads of the provincial councils not affiliated with the Ministry shall be empowered to carry out the transfer between the provisions of the current expenditure chapters (service / commodity / asset maintenance) approved for the expenditure units included in their annual budgets approved in the annual federal budget. Ministry of Finance / Budget Department of the transfer for the purpose of marking.  Article 5 The Federal Prime Minister and the Federal Minister of Finance may use the approved amounts (1) (c) of Article (2) of this Law for the payment of emergency expenses after the expiry of this law if there is an urgent need for local expenditure and the absence of an allocation to cover this need to the extent of (3) billion dinars (three) Billion dinars) for each case and if the amount exceeds the limit mentioned shall be approved by the Council of Ministers.  Article (6) First: The appropriations approved in this law shall be used until 31 December of the  fiscal year 2018.  II. Revenues achieved during the fiscal year 2018 shall be recognized as revenue for the federal general budget until 31/12/2018. Revenues received after the end of the year Financial / 2018 The revenues of the federal budget for the fiscal year 2019.  Article - 7 - No transfers may be made within the allocations (reconstruction and development of projects in the provinces) between the provinces. Article 8: The Minister of Reconstruction, Housing, Municipalities and Public Works of the Federal or the Governor, upon disengaging the municipal institutions in the governorate, shall be entitled to transfer between the self resources to balance the municipal institutions within the governorate and increase the dependence on the implementation of the required services.  Article 9 1- The share of the Kurdistan Region shall be determined from the total actual expenditures set out in Table D (Expenditures Ruling) attached to this law according to the souls of each governorate and paid by the Federal Ministry of Finance and with the approval of the Prime Minister.  Second, the share of Kurdistan Region is determined by the total actual expenditure (current expenditure and expenditure of investment projects) according to the souls of each governorate after exclusion of sovereign expenditures. Article 10 - First - the settlement of the receivables between the Kurdistan region and the federal government for the years 2004 to 2017 after audit by the Federal Audit Bureau by calculating the share of the provinces of the Kurdistan region in light of the actual expenses of previous years shown by the final accounts approved by the Federal Audit Bureau.  The Kurdistan Regional Government shall commit to export at least (250,000) barrels (250 thousand barrels of crude oil) per day of crude oil produced from its fields for marketing through the company (Sumo) exclusively and receive revenues to the federal public treasury.  B - A proportion of the allocations of the federal ground forces of the Iraqi army to the salaries of the Peshmerga forces according to the population ratios of the said forces as part of the Iraqi security system. C - When the Kurdistan Region does not pay the federal revenues received to the federal public treasury or non-implementation of the provisions of paragraphs (a, of this item, the Federal Ministry of Finance to deduct the share specified under the items (I, II / A, of this article is conducted Calculate the computation later.  D - The ministries of finance and oil federal to calculate the amount of oil exported from the fields of Kirkuk outside the framework of the company Sumo for the period from 2014 to 2017 and determine the percentage of petro-dollars that belong to the province of Kirkuk and a set-off with the amounts given to the Government of Kirkuk for the period above after the audit of the Office of Federal Financial Supervision and The debt of the petrodollar debt on the Kurdistan government deducted from the allocations of the region for the year 2018 and credited in the province of Kirkuk. (E) The Federal Government and the Kurdistan Region shall, when an increase in the quantities exported mentioned in Article 1 (i) (b) of the Budget Law, surrender the revenues actually earned to the State Treasury.  F- The Kurdistan Regional Government is committed to restore the amounts of Kirkuk governorate realized from the petro-dollar and deposited in the banks of the Kurdistan region to the expense of the province in Kirkuk.  Article 1 - 1 - I. The federal ministries and entities not affiliated with the Ministry of B (table / c) are committed to the number of manpower of ministries and departments funded centrally for the year 2018 attached to this law. Second - Federal ministries to stop appointments within the formations affiliated to them from public companies and self-funded bodies and directorates that receive a grant from the federal state treasury or loans from government banks to delete the grades in the vocabulary of the owners of the subject of research when the vacancy due to transfer or referral to retirement Resignation or death.  The Federal Minister of Finance has the right to create the grades for the employees of public companies and the self-financed public bodies and directorates which receive a grant from the State Treasury as a result of transferring their services to the owners of the centrally and self-financed departments only (water, municipalities and sewage) to cover their needs. No financial implications.  B- The Federal Minister of Finance may transfer the surplus employees from the merged and canceled ministries to the ministries and other agencies to meet their needs. The ministries and entities not affiliated with the Ministry and the governorates shall maintain the functional grades resulting from the movement of the approved owners until 31/12/2016. The competent minister or the governor shall have the authority to issue the appointment order to fill the vacancies in the governorates and areas under the control of the gangs. For this subject focuses on the actual need and competence and to be priority for contractors and by foot if they are within the required jurisdiction.  Subject to item (II) of this Article, all federal ministries and entities not affiliated with the Ministry and the governorates shall cease the appointments of the owners in the centrally funded formations from 1/1/2018 until the end of the current fiscal year.  (B) The Council of Ministers may, subject to the requirements of the public interest, exclude any of the formalities provided for in paragraph (a) of this section of the restriction. Fifth: A- The appointment in all government departments shall be prohibited in the manner of contracting with the possibility of renewing the previous contracts in the case of necessity. The contract period for the permanent landlords after 9/4/2003 shall be calculated as an actual service for the purposes of the premium, promotion and retirement, with no consequential financial consequences. And that the pension entitlements shall be complied with for the period of the contracted contract. The amount of the pension entitlements resulting from the permanent employees shall be paid by the National Pension Authority.  (B) The Independent Electoral Commission of the elections shall be exempted from paragraph (a) above from re-contracting with those whose contracts have been terminated by the end of the previous elections provided that the contract period shall not exceed one year. C - The Supreme Judicial Council and the General Authority for Antiquities and Heritage and the water and sewage services and municipal institutions belonging to the Ministry of Construction and Housing and Public Municipalities and the Secretariat of Baghdad to replace new contracts instead of contracts that are canceled for the purpose of filling the shortage in these configurations and within the financial allocations contained in this budget.  The ministries and entities not affiliated with the Ministry (self-financed and centralized) shall re-appoint the members of the councils (local, municipal, governorates and deputies) with the same degree and title that he occupied in his department or in another department after being introduced in case of non availability and calculating the period spent for promotion and promotion purposes. And retirement in the event that the person concerned so desires. E) The employee assigned to retirement who has completed the minimum period of promotion stipulated in Law No. (22) for the year 2008 shall be entitled to be promoted to the next grade and as of the date of maturity. This shall not result in the payment of any financial differences on promotion. And the new salary after payment of the differences of the full pension in accordance with the provisions of the unified pension law No. (9) for the year 2014 subject to the approval of the Employee Department to raise.  F- The Ministry of Finance shall transfer the grades and financial allocation of those wishing to have university degrees in at least the employees of the Ministries of Defense and Interior (mattresses) to the ministries and departments other than the three presidencies and the associated bodies and after the approval of the transferred party provided that this does not entail any financial consequences or Compensation for the grades of those who are transferred outside the two ministries above. Article (12) First: The ministries and entities not associated with the Ministry of prior coordination between them and the Ministry of Planning and Governorates when selecting projects and issued each ministry or a non-associated ministry of the plan to distribute projects and learn the provinces and abide by the population ratios prescribed for each province to ensure the fairness of distribution except for the strategic projects that Benefiting more than one province.  Second: To maintain the mandate of any ministry of federal ministries according to the competence to implement projects in that province to account for allocations (reconstruction and development projects in the provinces) allocated to them.  Article 13-A - Non-appointment in any leadership positions (Director General and above) unless there is a degree in the law of the ministry or the non-associated with the Ministry or instructions for the position. The employee shall be transferred to a rank (general manager and above) who does not manage an administrative form at the level of a general directorate or above to retire in accordance with the provisions of the Unified Pension Law or transfer to another department upon the availability of a vacancy commensurate with his job title and degree and with the consent of the transferee. The Kurdistan Region in accordance with the law of retirement in force in the region, provided that the Federal Audit Office to the Council of Representatives a report on the names of employees (director general and above), which does not manage administrative composition at the level of the Directorate General. C- Suspension of appointments in the three presidencies (the House of Representatives, the Presidency of the Republic, the General Secretariat of the Council of Ministers and the Prime Minister's Office) and the departments and departments affiliated to the Presidency, the Council of Representatives, the Council of Ministers. Which is attached to the Ministry and may, when necessary, be assigned to ((the Iraqi National Intelligence Service)) provided that no increase in the financial allocations of the Department concerned.  D- Suspension of the payment of bonuses in the (three presidencies, ministries and non-affiliated bodies in the Ministry and governorates), except for the bonuses paid as salaries.  Article 14 First: All revenues of the Media and Communications Commission for 2017 shall be transferred to the account of the Federal General Treasury of the State after deduction of the amount of its budget approved by the Board of Trustees and the Federal Ministry of Finance. Secondly, the Media and Communications Authority shall obligate mobile phone companies to pay their amounts, fines and financial obligations during the first half of 2018 and record the revenues of the State.  Article 15: The Ministries of Electricity, Communications, Reconstruction, Housing, Municipalities and Public Works shall be responsible for activating the collection of electricity, telephone, water, sewage and all other fees stipulated in their respective laws for services provided to citizens, employers, factories, government agencies, Self-reliance that does not affect the salaries and allocations of employees.  Article 16 The competent minister or the head of the entity not affiliated with the Ministry or the Governor may loan the employee to work in the private sector in accordance with regulations issued by the Council of Ministers. Article (17): A- The continuation of imposing a sales tax on the service of mobilizing the mobile phone and the Internet networks by 20% (twenty percent) and its revenues shall be recorded as final revenue for the public treasury.  B- The sales tax provisions stipulated in the Revolutionary Command Council Resolution No. (36) for the year 1997 shall apply to the service provided in all restaurants and hotels.  Second: The Federal Minister of Finance may issue regulations to facilitate the implementation of the provisions of item (1) of this Article.  A sales tax of 5% (ten per cent) shall be imposed on all goods sold except for ration card items in malls and shopping centers and services provided in men's and women's barbershops. Fourthly, an airport fee shall be imposed at a lump sum of JD 25,000 (twenty five thousand dinars) for one ticket for (foreign travel) and JD 10,000 for internal travel at all Iraqi airports and for revenues of the general treasury.  Fifth: A fine of 200% (200%) of the value of the imported goods shall be imposed on the imported alcohol, provided that it is met at the border port.  Sixth: A tax on sweets, ice cream, dairy products, juices and imported soft drinks shall be levied at 25% (25%) of the value of the imported goods, to be met at the border port. Article (18) First: The ministries and entities not affiliated with the Ministry and the provinces have the power to impose fees or fees for new services and to amend fees and fees for current services except for sovereign fees (valid under the federal laws in force).  The amounts resulting from the implementation of item (1) of this Article shall be transferred to the Beneficiary for the purpose of covering its expenses and entitlements of previous years whose allocations are included in the Federal General Budget for the year 2018. In case of increasing the revenues resulting from the application of this Article for the expenses and entitlements of previous years, (70%) to the Treasury, provided that the Ministry of Finance is notified in advance of this exception of the Financial Management and Public Debt Law No. (95) of 2004 Or any other law to replace it and to enable the Ministry of Finance to take the necessary in light of that.  Third: The percentage (50%) (fifty percent) of the revenues of the border crossing points to the provinces located in those ports to allocate these amounts to rehabilitate the infrastructure of the port and its approaches and service projects in the province.  Fourth: All local revenues collected under the legal legislation by the provincial councils and entitled to them within the provincial law No. (21) for the year 2008 amended to the province concerned an exception from paragraph (II) above of this article. Article (19) The Federal Minister of Finance shall increase the approved and necessary funds to cover the cost of the work carried out by the National Center for Structural Laboratories and the National Center for Engineering Consultations of the Ministry of Construction, Municipalities and Public Works up to 50% of the revenues resulting from the implementation of such works. Of section (1) of the Financial Management and Public Debt Law No. (95) for the year 2004 or any other law superseded it and that the disbursement of funds to develop the centers and support their technical and administrative cadres within the classification of accounts grants and subsidies and debt service and other expenses.  Article (20): (a) Refunds shall be made from farmers for loans of agricultural initiative projects received from farmers for the Easy Agricultural Loan Fund No. (28) for the year 2009 (amended). (B) Deferment of government debts due to farmers and farmers whose loans do not exceed (250) two hundred and fifty million dinars, and the general reserves for a period of three years, with no interest being paid during the period of deferment.  Article 21 The Minister of Finance may, at the request of the Minister of Oil and upon the approval of the Prime Minister, issue treasury remittances or treasury bonds when necessary to cover the national or international oil companies operating in the country, not to exceed 12 billion dollars, One or multiple versions through 2018. Article 22 - Federal ministries and entities not affiliated with the Ministry and the provinces are obliged to purchase their products from the federal ministries, provided that the ratio of value added to the value of production of these products is not less than 20% Subject to quality and quality specifications, the Ministry of Planning shall determine the added value and the quality and quality specifications annually.  Article 23 The Council of Ministers may not issue any decisions that grant an advance to any ministry or entity not connected to a ministry without allocations in the general budget approved during Financial year / 2018.  Article 24 - The federal government is committed to transfer the powers contained in Law No. (21) for the year 2008 and its amendments to the provinces of Iraq, except for the Kurdistan Region and the Ministry of Finance to take the necessary measures to apply this article. Article -25- All formations financed centrally by a ministry or an entity not connected to the Ministry of all revenues transferred under its laws and regulations in force shall be a final revenue to the State Treasury for the purpose of enabling the Accounting Department to finance federal budget estimates taking into account the provisions of Articles 14, ) Of this Law and the laws and regulations in force in the State institutions.  Article 26-First: The Ministry of Finance shall pressure the expenses and reduce the amounts allocated for fuel and maintenance of used cars as follows:  a. Five cars for each of the presidents of the three governing bodies and four cars to the Vice-Presidents of the House of Representatives.  B. Three cars for the minister or his rank.  C. (Both civilian and military), and general managers (civil and military). D) The vehicle in the custody of the employee may not be used in the processions of officials or their services except as specified in paragraphs (a, b, c).  (E) All vehicles which exceed the number specified in paragraph (A - B - C) shall be returned and sold in accordance with the Sale and Rent of State Funds Law No. (21) for the year 2013 amended and recording revenues to the Federal General Treasury.  Second: The employee who uses a car of state cars shall bear the expenses of fuel and maintenance in full except for heavy and productive cars, large and construction vehicles, ambulances, transport vehicles (buses, 11 passengers and above) and security services. Third: Non-payment of pensions to any employee of the State and the public sector, including the senior officials of the three presidencies, except after discharge from the movable and immovable property of the State and retroactively, provided that the Federal Audit Office submits a report to the House of Representatives no later than the end of the first chapter of / year 2018.  IV - to maintain the reduction of external scholarship expenses and the number of delegates specified in the federal budget for fiscal year 2017 Act and restrict very necessary for the purposes of specifying the duration and duration legation at least not to organize any conference outside Iraq.  The Ministry of Foreign Affairs shall close the embassies and diplomatic missions of Iraq in countries that do not have diplomatic representation in Iraq according to the principle of reciprocity. The ministry may merge some Iraqi embassies into one regional embassy which includes a number of countries. (B) To maintain the reduction in the number of foreign service staff in the diplomatic missions under the Budget Act 2017 and the Ministries of Culture, Commerce, Defense, Health and Environment, Higher Education and Scientific Research to close the consignments or transfer them to embassy premises and maintain the reduction The number of employees for 2017.  C. The Ministry of Foreign Affairs shall not bear the expenses of the study for the children of diplomats working in Iraqi missions abroad who are covered by the Foreign Service Law after secondary school.  D. The competent authorities shall return the heads of diplomatic missions and missions from the Arab, regional and international organizations to the concerned ministry.  E) The Ministry of Foreign Affairs shall rehabilitate the buildings and its associated houses in the countries where there are embassies and consulates for use as embassy buildings or any other purpose determined by the ministry (rent allowance) through transfers from the rents of buildings to this ministry.  Sixth: Private aircraft shall not be leased from the state treasury. The presidential plane shall be used in the Council of Ministers from the three presidencies. Each chairmanship shall bear the following costs:  Article 27 - The deduction rate (3.8%) of the total salaries and allowances of all employees of the State and the public sector And the total amount realized from this percentage of the increase in the price of the barrel of crude oil exported for the month of January and February and the months following. Article 28 The Ministry of Finance shall open a current account in the name of the Popular Lobby, in which the cash contributions to the Authority shall be deposited and the corresponding budget shall be allocated within the budget of the Popular Propagation Authority and the Commander-in-Chief of the Armed Forces. Article 29-First: The competent minister or the head of the entity not affiliated with the Ministry or the Governor or any of them authorized by him and at the request of the employee may be granted from the full four-year term of the employee a five-year leave with no salary for more than five years For the purposes of retirement to be paid full pension and deductions all during the duration of the enjoyment of the leave and is entitled to the employee during his leave to work in the private sector exception to the State Employees Discipline Law No. (14) for the year 1991 amended in accordance with the regulations issued by the Secretariat of the Council of Ministers A remote period of leave for the purposes of the premium, promotion and retirement. Second: The paid contractor with the ministries or entities not affiliated with the Ministry or the provinces upon his request to terminate the contract with the agreement of the head of the contracting party or the person entitled to a cash reward equivalent to three months for each year of the contract not to exceed twenty four months, except the expert and the consultant The military and the policeman. And retirees contracted according to the regulations issued by the General Secretariat of the Council of Ministers.  Article (30) The Ministry of Water Resources shall sell and invest the output of the river cistern and its revenues to the public treasury of the State, provided that 30% (30%) of the revenues shall be allocated to the said Ministry to cover its expenses, including the expenses of the river cistern. . Article 31: Each ministry or entity not affiliated with the Ministry shall bear the amounts of the advances and the benefits granted to all those who were martyred after the date of 9/4/2003 due to the terrorist operations and the wounded by 50% and the missing employees of the ministries and entities not associated with the Ministry and the governorates in respect of their debts. By way of transfers within their operating expenses.  Article 32 The Fund for the Reconstruction of Areas Affected by Terrorist Acts shall continue to carry out its functions in accordance with its effective regime.  Article 33 The Council of Ministers may, on the proposal of the Prime Minister, restructure the existing ministries by merging their formations, including their public companies, with existing departments, changing their association, transferring them and defining their functions or canceling such formations. Article 34 The percentage of the share of the treasury in the profits of public companies, including the profits of previous unpaid years, shall be transferred to the public treasury before the completion of its audit by the Federal Audit Bureau.  Article 35 The Ministry of Commerce shall transfer revenues derived from the sale of wheat waste to the Ministry of Finance for the final revenue of the State Treasury and the Federal Minister of Finance, in addition to the allocation of the cost of wheat milling and transportation within the budget of the Ministry of Commerce   .  Article (36): (a) The premium and promotion shall be granted in accordance with the Civil Service Law No. (24) for the year 1960 and the Law of Ownership No. (25) of 1960 and the Law of Salaries of State Employees and the Public Sector No. 22 of 2008. (B) The title of the employee who obtains a higher or similar certificate during the course of the service, which is compatible with the nature of his work and with the approval of his department, shall expedite the completion of the study every two years from the date of obtaining the certificate, while maintaining the degree of his job and the stage he is on, 103) for the year 2012 that does not entail any financial consequences retroactively or during the year 2018 to be checked by the Federal Audit Bureau.  Article (37) The municipal institutions in all governorates shall undertake the cleaning of their own resources in addition to the allocations that have been allocated to them within the operational grant of the municipal institutions for the current year.  Article (38) First: The allocation of goods and services resulting from the application of the provisions of Article (33 / I) of the Federal Budget Law of 2017 on goods and services requested and not received to the current fiscal year. Second, the allocations of the Public Mobilization Authority for 2016 arising from the application of the provisions of Article (39) of the Federal Budget Law 2016, which are deposited as secretaries of the same body and add to their allocations in the current fiscal year.  Thirdly, the receivables of contractors that have not been funded in the fiscal year 2017 shall be paid by bonds issued for this purpose.  Fourth: The allocation of displaced persons for the year 2016 resulting from the application of the provisions of Article (39) of the Federal Budget Law for the year 2016 saved in the form of secretariats for the displaced and add to the allocations of the current fiscal year of the provinces and districts and areas and areas that were under the control of gangs and calling for the purpose of the restoration of stability to be distributed by proportion Population of these areas. Fifth: The Minister of Finance may pay the benefits of the compensation received under judicial decisions based on Law No. (16) for the year 2010 and as allocated to it in this year's budget. In the case of insufficient allocations, issuance of treasury bonds to pay such dues.  Article (39) The Council of Ministers may adopt the self-financing system instead of the central in the entities operating the central funding system on the basis of technical and economic reasons, in order to ensure that public expenditure is tightened, and that this does not affect the salaries of the employees.  Article 40 The Ministry of Finance shall pay the nominal salaries of the audited employees in security in the governorates and areas under the control of the terrorist gangs and in the case of insufficient allocations at one time to the Ministry of Finance to settle the amount owed by it during the current fiscal year. Article 41 - A - The Ministry of Education invited the public and private sectors inside Iraq to implement the printing of textbooks to meet their needs in accordance with the specifications and technical standards specified by the Ministry.  B - The Ministry of Education contracting in the form of documentary credit is reinforced with the General Company for the production of educational supplies to equip the ministry with textbooks, stationery, school books and furniture and pay the remaining amount of companies and printers in the public sector and private payments in accordance with the amounts of processing and funding amounts received from the Ministry of Finance and within the ceiling allocations in the budget.  Article 42 A- The Federal Audit Bureau and the Integrity Commission shall review the financial benefits disbursed to those covered by the law of the institution of political prisoners and the extent of conformity of the documents submitted to the complainants with the legal conditions and submit a report to the Council of Representatives and related parties. B - The Federal Audit Bureau and the Integrity Commission shall audit the financial benefits disbursed to the Accountability and Justice Commission and the extent of conformity of the documents submitted to the Complainants with the legal conditions and submit a report to the Council of Representatives and related parties.  Article (43) Transfer of the amount of (420) billion dinars from the allocations of the Ministry of Migration allocated to the displaced to the allocations of the provinces and areas that were under the control of gangs calling for terrorism for the current fiscal year for the purpose of supporting the restoration of stability and reconstruction of infrastructure and distributed as follows:  1 - Nineveh (180) .  2 - Salahuddin (100) billion dinars.  3 - Anbar (100) billion dinars.  4 - Kirkuk (20) billion dinars.  5 - Diyala (20) billion dinars. Article (44) A- The Bureau of the Sunni Endowment shall allocate an operational budget of not less than (500) million dinars (five hundred million dinars) to meet the needs and activities of the Iraqi jurisprudence complex at Abu Hanifa al-Nu'man Mosque.  B. The Shiite Endowments Bureau shall allocate an operational budget of not less than (500) million dinars (five hundred million dinars) in addition to the specific allocations to meet the needs of religious schools affiliated with the Department of Religious Education and Islamic Studies.  C - The amount of (2) billion dinars (two billion dinars) of grants allocated from the current budget of the National Olympic Committee to the current budget of the National Paralympic Committee of Iraq. Article 45: The government banks shall grant loans to citizens whose houses have been demolished or damaged by the control of terrorist gangs in their areas or as a result of military operations. The loan shall be for ten years. The Ministry of Finance shall bear interest for the first five years. The fifth according to instructions issued by the Ministry of Finance.  Article (46) The Sons of Iraq (the Awakening) shall continue in all the reserves in their work in maintaining the land, provided that the following items shall not be replaced or added:  1. The names shall be audited by the Federal Audit Bureau and the security authorities.  2. Names shall be restricted to registrants in the Department of Disarmament and Integration of Militias until the month of June 2014. 3. The remaining Sahwa members whose services have not been transferred to any party shall be transferred to the Ministry of Defense as a contract with a salary of not more than two hundred and fifty thousand dinars, provided that no increase in the amount allocated to them in the budget for the current fiscal year.  4. Resolve disarmament, militia integration and transfer of personnel and assets to the Ministry of Finance.  Article 47 The Ministries and bodies not affiliated with the Ministry and the governorates shall comply with the Council of Ministers Decision No. 413 of 2017 concerning minimum wage limits.  Article 48 The Ministry of Housing and Municipalities shall allocate lands to the families of the martyrs for all segments, political prisoners and the wounded from the security forces and the popular crowd in good areas or to exchange monetary allowance for the value of land and according to the laws in force. Article 49 - Obligation of the Ministry of Finance and other ministries not to oppose the transfer of the families of the martyrs to the segments between all the departments and ministries of the State in accordance with Article IV of Article 17 of the Law of the Martyrs Foundation No. 2 of 2016 and Article II of Article 12 of Law No. 50 of 2015 taking into account the transfer of employees of ministries And the security agencies to the civil ministries without financial burdens.  Article 50 - The Federal Ministry of Finance is committed to assigning the grades of those who have been issued the right decisions by the verification committee in the Department of the affairs of political severed persons in the General Secretariat of the Council of Ministers and according to Article 6 of the Second Amendment Law for the Law of Return of Political Detainees No. 24 of 2005 amended and the referral of non-staff of them To retire to a person who has a 50 years of age and has earned the service of 15 years or more, to be deducted from all the pension entitlements resulting from the period calculated from the salary allocated to him. Article (51) (a) The Ministry of Defense is obliged to send the names of the highest-ranking salary recipients covered by the provisions of Article 21 (X-A) of the Unified Retirement Law No. 9 of 2014 to the National Pension Authority for the purpose of paying their dues. He referred him to retirement.  B- The competent authorities (the Ministry of Finance) are obliged to pay the end of service bonus and the accumulated leave for those who have not received it so far, to be paid in annual installments or (one lump sum when availability is available).  (C) The National Pension Authority / State Pension Fund shall continue to pay pensions to the employees of the self-financed departments and companies that have been lost for three years who have been retired before 1/1/2017 and have had a pension service of not less than (15) years, 50) Fifty years of age. Article (25) The Governor of Basrah shall authorize the transfer of teachers and teachers contracted with the province (investment contracts) to the Directorate of Education of Basra and priority in appointments to them in the case of availability of the degree of employment and financial allocation and continue to maintain the payment of wages until the installation.  Article 53 The Council of Ministers shall allocate the grades for the return of members and officers of the Ministries of Defense and Interior who have been dismissed and whose contracts have been terminated for the period from June 2014 to December 2017 in accordance with instructions issued by the Council of Ministers.  Article (54) A- A sufficient amount of the allocations of reconstruction, housing, municipalities and public works shall be transferred to the city of Halabja for the purpose of constructing a model hall for conferences at Halabja University. The cost of construction is one of the companies of the Ministry of Construction and Specialized Housing. B - The amount of (5) five billion dinars from the allocations of the Ministry of Construction and Housing and Municipalities and public works of investment for the purpose of starting the bridge at all in the province of Babylon and to be implemented one of the companies of the Ministry of Construction and Housing specialist and under the supervision and follow-up by the General Authority for buildings.  Article 55 The Council of Ministers may exclude production public sector companies (directly or through contracts of participation, rehabilitation or operation) from paying customs duties for raw materials or imported components that contribute to the creation of added value provided that they are in their name and used exclusively in production and manufacturing processes . Article 56 Self-financing companies shall be entitled to calculate the period of service for the day-to-day procedures and the lecturers working therein, which shall not be less than 4 years without interruption, for the purposes of retirement for those who are confirmed to the permanent owners, provided that all the pension breaks are fulfilled by installments provided that this does not entail any financial consequences retroactively.  Article 57 The funds referred to in the emergency allocations shall be allocated to the Martyrs Foundation for the purpose of completing the housing complexes allocated to the families of martyrs who have not completed or buying apartments in the Basmaya housing complex, which shall be determined by the Prime Minister.  Article 58 - Any decision contrary to this law shall not be employed and the Federal Public Treasury shall not bear any additional financial burdens beyond this law. Article 59 The Federal Minister of Finance, in coordination with the Minister of Federal Planning, shall issue the necessary instructions to facilitate the implementation of the provisions of this Law once approved without being published in the Official Gazette, except for the provisions of Article (2) of the Publishing Law in the Official Gazette No. 78 of 1977.  Article 60 - This Law shall be published in the Official Gazette and shall be effective as of 1 January 2018.  Positive reasons  for the adoption of the federal budget of the Republic of Iraq for the fiscal year 2018  This law was enacted

[NoviceInvestor]

6 hours ago, 10 YEARS LATER said:

 

I do hope this is the case B/A. However, citing the above article; the Kurds state this is unconstitutional because they weren't in attendance may present a problem ? ? ?  They stubbornly & stupidly shot themselves in the foot with the referendum ( Sept. '17 ) after being warned by everyone NOT to; to include the UN if memory serves. They've been awkward & defiant ever since and Baghdad has pushed back hard. The Kurds continue to dig their heels in, Boycotting Parliamentary proceedings.

 

In Baghdad's ( the Arab way of doing things ) own way, they've given Erbil the opportunity to get back into the game, still the Kurds remain belligerent and now they're " Crying Foul ??? " They have only themselves to blame. We all get they want autonomy; they need better, smarter and way less greedy leadership with a fresh approach. Clearly, doing the same things over & over with the same devastating results is in itself a good definition of " insanity "

 

Won't have long to wait to see if the Kurds want to tie up the " Unconstitutional Budget " in court.

 

Looking every bit the spoiled 8 year old, arms tightly folded across his chest, stomping his feet, holding his breath as he turns blue and refusing to participate in the process, hardly endears himself to rally the Global Community to " their Cause. "  

 Have a good one B/A 

 

The Kurds had their chance to show up..They chose not to end of story in my books.. 

Edited March 3, 2018 by NoviceInvestor

[ChuckFinley]

40 minutes ago, NoviceInvestor said:

The Kurds had their chance to show up..They chose not to end of story in my books.. 

For sure, passed the budget and move on.  You either going to play or be passed by.

Novice, side note. Do you have a lot of people from South Africa trying to emigrate to AU?

[Goggles]

So we finally have a 2018 budget! It's going to take me a long time to read this whole thing. Has anyone read and found an HCL in there... or a settle on the Article 140? 

Edited March 3, 2018 by Goggles

[climber7]

25 minutes ago, Goggles said:

So we finally have a 2018 budget! It's going to take me a long time to read this whole thing. Has anyone read and found an HCL in there... or a settle on the Article 140? 

 

Has anyone figured out if there's a new exchange rate in there somewhere? 

I'm im process of moving across country so can't research these articles 

 

Thanks!

[fnbplanet]

Disclosure of a satisfactory agreement for the Kurdistan Region on salaries in the meeting of the three presidencies

The members of the Finance Committee in the Iraqi Council of Representatives Ahmed Haji Mahmoud on Friday the agreement of the three presidencies in the meeting held yesterday to send more than six trillion dinars to the Kurdistan Region in order to defend the salaries of employees and employees there.

Haji Mahmoud said in a statement today that the most important decision taken during the meeting held in the house of the President of the Republic represents an amount of six trillions and 597 billion dinars for the Kurdistan Region, except for the budget of the Peshmerga forces of 444 billion dinars.

He explained that he had represented the Kurdish blocs during the meeting of the Finance Committee, which was held on Tuesday, and we have reached an agreement to allocate the amount of 9 trillion dinars to the Kurdistan Region, according to the condition of the International Monetary Fund, and the budget of the Peshmerga estimated 444 billion dinars, and the allocation of more than one trillion dinars on the budget Region.

He said Haji Mahmoud that he then agreed the Kurdish blocs on those proposals, leaving only a meeting, "Mr. Abbadi", but because of some ambiguity that material in the budget, and not meeting with the Finance Committee did not enter the blocks yesterday.

He added that the Kurdish blocs did not attend the session yesterday so as not to give legitimacy in reducing the share of the Kurdistan Region of the budget to less than 17%.

 

LINK

 

 

Just an opinion, buuuuuuut.......this seems like there's more "showboating" in the resolution of this budget issue than meets the eye.  Parliament FINALLY passes the budget without increasing the Kurd's share from the lowered 12.67% (victory for THEM), and the Kurds get to show off by boycotting the process in protest, but end up getting all of the goodies in the article above (victory for THEM).  

Add to all of this, we see the IMF's hand in this by setting the 9 trillion dinars "condition".   My question is:  If the IMF set a "condition" that the Parliament had to "back door" a 9 trillion dinar payment, what has the IMF promised to Iraq to MEET this condition??

 

Just sayin'......

 

 

 

[10 YEARS LATER]

1 hour ago, fnbplanet said:

Disclosure of a satisfactory agreement for the Kurdistan Region on salaries in the meeting of the three presidencies

The members of the Finance Committee in the Iraqi Council of Representatives Ahmed Haji Mahmoud on Friday the agreement of the three presidencies in the meeting held yesterday to send more than six trillion dinars to the Kurdistan Region in order to defend the salaries of employees and employees there.

Haji Mahmoud said in a statement today that the most important decision taken during the meeting held in the house of the President of the Republic represents an amount of six trillions and 597 billion dinars for the Kurdistan Region, except for the budget of the Peshmerga forces of 444 billion dinars.

He explained that he had represented the Kurdish blocs during the meeting of the Finance Committee, which was held on Tuesday, and we have reached an agreement to allocate the amount of 9 trillion dinars to the Kurdistan Region, according to the condition of the International Monetary Fund, and the budget of the Peshmerga estimated 444 billion dinars, and the allocation of more than one trillion dinars on the budget Region.

He said Haji Mahmoud that he then agreed the Kurdish blocs on those proposals, leaving only a meeting, "Mr. Abbadi", but because of some ambiguity that material in the budget, and not meeting with the Finance Committee did not enter the blocks yesterday.

He added that the Kurdish blocs did not attend the session yesterday so as not to give legitimacy in reducing the share of the Kurdistan Region of the budget to less than 17%.

 

LINK

 

 

Just an opinion, buuuuuuut.......this seems like there's more "showboating" in the resolution of this budget issue than meets the eye.  Parliament FINALLY passes the budget without increasing the Kurd's share from the lowered 12.67% (victory for THEM), and the Kurds get to show off by boycotting the process in protest, but end up getting all of the goodies in the article above (victory for THEM).  

Add to all of this, we see the IMF's hand in this by setting the 9 trillion dinars "condition".   My question is:  If the IMF set a "condition" that the Parliament had to "back door" a 9 trillion dinar payment, what has the IMF promised to Iraq to MEET this condition??

 

Just sayin'......

 

 

 

Very Astute Observation FNB . . . this bares following closely to see just exactly how right you are. " Back Door " deals are made all the time. No reason to think Iraq & the Kurds ( & the IMF ) would be any different. The Puppets & The Puppet Master - 

[King Bean]

2 hours ago, Goggles said:

So we finally have a 2018 budget! It's going to take me a long time to read this whole thing. Has anyone read and found an HCL in there... or a settle on the Article 140? 

 

The HCL is not in the budget. Never was. Never will be. The budget is operating expenses for the country, just like you would do yourself at the beginning of a year. Article 140 is separate too and has to do with returning areas to original occupants that were remapped during the Saddam era or earlier so his party could steal land and resources. ( If my memory serves me right). HCL referred to as the hydro-carbon law was a separate entity passed back in 2007 as pushed by the Bush Administration for oil royalties to be determined and paid to the citizens.  Successive Iraq governments have failed to update or enforce oil royalties and this has been a bone of contention since then. IMO, it will take world powers to force the Iraq government and parties into settling both issues. Again, my understanding and opinion only.

[siberian_shaddow]

Much Appreciated Yota, this next couple of weeks is going to be interesting and to see how nice everyone is going to play. IMO there is going to be a lot of sand throwing in the box. 

[jcfrag]

1 hour ago, fnbplanet said:

Disclosure of a satisfactory agreement for the Kurdistan Region on salaries in the meeting of the three presidencies

The members of the Finance Committee in the Iraqi Council of Representatives Ahmed Haji Mahmoud on Friday the agreement of the three presidencies in the meeting held yesterday to send more than six trillion dinars to the Kurdistan Region in order to defend the salaries of employees and employees there.

Haji Mahmoud said in a statement today that the most important decision taken during the meeting held in the house of the President of the Republic represents an amount of six trillions and 597 billion dinars for the Kurdistan Region, except for the budget of the Peshmerga forces of 444 billion dinars.

He explained that he had represented the Kurdish blocs during the meeting of the Finance Committee, which was held on Tuesday, and we have reached an agreement to allocate the amount of 9 trillion dinars to the Kurdistan Region, according to the condition of the International Monetary Fund, and the budget of the Peshmerga estimated 444 billion dinars, and the allocation of more than one trillion dinars on the budget Region.

He said Haji Mahmoud that he then agreed the Kurdish blocs on those proposals, leaving only a meeting, "Mr. Abbadi", but because of some ambiguity that material in the budget, and not meeting with the Finance Committee did not enter the blocks yesterday.

He added that the Kurdish blocs did not attend the session yesterday so as not to give legitimacy in reducing the share of the Kurdistan Region of the budget to less than 17%.

 

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Just an opinion, buuuuuuut.......this seems like there's more "showboating" in the resolution of this budget issue than meets the eye.  Parliament FINALLY passes the budget without increasing the Kurd's share from the lowered 12.67% (victory for THEM), and the Kurds get to show off by boycotting the process in protest, but end up getting all of the goodies in the article above (victory for THEM).  

Add to all of this, we see the IMF's hand in this by setting the 9 trillion dinars "condition".   My question is:  If the IMF set a "condition" that the Parliament had to "back door" a 9 trillion dinar payment, what has the IMF promised to Iraq to MEET this condition??

 

Just sayin'......

 

 

 

I'd have to agree with that too! The Kurds are a proud bunch...maybe too proud to accept the 12.67 with all the world watching. Unless they are getting some things in return to make up for that 4.33% lost, behind closed doors! As far as the HCL, wasn't it totally separated into like 2 or three different items to vote on now, and the major one was agreed upon informally, last I read. Article 140 is a work in progress still apparently. Maybe they can get on with those two items now that the budget has been ironed out! 

Edited March 4, 2018 by jcfrag

[King Bean]

2 hours ago, climber7 said:

Has anyone figured out if there's a new exchange rate in there somewhere?

 

The budget has to do with recognizing revenue and expenses for the country to operate. Many have claimed the 'rate' is in the budget. But this has proven to be incorrect for the last 8 years I have been watching IQD. There's always a lot of guru hype. Never been accurate.

[NoviceInvestor]

3 hours ago, ChuckFinley said:

For sure, passed the budget and move on.  You either going to play or be passed by.

Novice, side note. Do you have a lot of people from South Africa trying to emigrate to AU?

I am not sure of exact numbers but migration from South Africa is very popular ... i think Australia offers them a lifestyle and climate similar ro SA..

[ChuckFinley]

8 hours ago, NoviceInvestor said:

I am not sure of exact numbers but migration from South Africa is very popular ... i think Australia offers them a lifestyle and climate similar ro SA..

Thanks, we are trying to get funding for our company from a Australian group who had their funds in a SA bank. They had to get a  court order to release funding because of the political situation in SA and people taking their money and leaving the  country. 

[NoviceInvestor]

7 minutes ago, ChuckFinley said:

Thanks, we are trying to get funding for our company from a Australian group who had their funds in a SA bank. They had to get a  court order to release funding because of the political situation in SA and people taking their money and leaving the  country. 

I know of many here that have migrated and not being able to take their money out of South Africa ..