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Found 3 results

  1. Clarification on submitting a law proposal that includes a financial aspect and expectations that the reserve will reach $100 billion Posted 40 seconds ago Clarification on the submission of a bill that includes a financial aspect and expectations of the reserve to reach $ 100 billion - Iraq News (iraqakhbar-com.translate.goog) news source /Iraqi News Agency ( INA ) Clarification on the submission of a bill that includes a financial aspect and expectations of the reserve to reach $ 100 billion - Iraq News (iraqakhbar-com.translate.goog) Source of the news: Iraqi News Agency (INA) Baghdad – The technical adviser to Prime Minister Haitham al-Jubourion Monday explained the mechanism of submitting a bill with a financial aspect, while pointing out that the rise in currency reserves to more than $85 billion has not been seen by the Iraqi state previously. Al-Jubouri said in a statement to Al-Iraqiya News Agency followed by the Iraqi News Agency (INA), that "there is a decision from the Federal Court that prevents the government from submitting any draft law that has a financial aspect," indicating that it is possible for the House of Representatives through one of its committees or 10 deputies and more to submit a bill and take the government's opinion on it because it will have financial consequences.He added that "the government cannot submit bills according to the decision of the Federal Court," noting that "we do not want to increase the number of laws that relate to financial consequences or additional allocations, and we are waiting for there to be a government to approve a new budget." On the rise in currency reserves, al-Jubouri said that "the rise in reserves to more than $85 billion is an important indicator of the Iraqi economy and growth," noting that "this rise has not been seen by the Iraqi state previously. ""We expect the reserve to reach 100 billion if oil prices remain high for the end of the year," he said, explaining that "this figure will support the stability of the Iraqi currency."
  2. Will the government use Kuwait’s money to pay contract dues? .. Al-Kazemi’s advisor clarifies 1,441 Economie 2022/09/13 19:04 Baghdad today - Baghdad The technical advisor to the Prime Minister Haitham al-Jubouri called, on Tuesday, for the House of Representatives to adopt new mechanisms to pass laws with a financial aspect, indicating that the Federal Supreme Court prevented the current government from submitting any law. Al-Jubouri said in a televised statement, which was followed by (Baghdad Today), that "it is possible to approve transfers with the surplus funds to disburse the dues of contracts, as well as to open the doors for appointment for some necessary categories," noting that "the money for repaying Kuwait's debts is still available in case it is needed." Al-Jubouri added that "the government, as a caretaker, is not authorized to send any law to Parliament according to the decision of the federal government. Therefore, Parliament must collect the signatures of more than 10 deputies and submit an inquiry to the government by submitting laws with a financial aspect." He added, "Iraq expects its cash reserves of hard currency to reach 100 billion dollars, an amount that it has not achieved in all of its history. Therefore, it must invest in development."
  3. Al-Kazemi’s advisor: The government is ready to complete the draft budget, and it will take two weeks in the Council of Ministers - 05-27-2022 11:06 PM - Number of readings: 33681 Today, Friday, the technical advisor to the Prime Minister, Haitham Al-Jubouri, announced the readiness of the government to complete the general budget for the current year, indicating that it could take two weeks in the Council of Ministers . ? Al-Jubouri told the official television that "the government is ready to complete the draft budget," noting that "the budget takes two weeks in the Council of Ministers to complete and present it to the Legal Committee in the General Secretariat of the Council of Ministers and the Council of Ministers ." ? He added that "the government is ready to send the budget whenever the House of Representatives requests it," noting that "the recent Federal Court decision was clear that the budget cannot be sent from the current government ." ? And he continued, "Sending the budget lies in the Parliament's inquiry, given that the budget law is linked to the lives of citizens and has privacy and therefore applies with the interpretation of the court that I directed to the President of the Republic." He pointed out that "the House of Representatives under his presidency can send a letter to the Federal Court inquiring about the budget law," noting that "the Iraqi constitution singled out a special article for the budget law and the mechanisms for dealing with this law, and then the Financial Administrative Law No. 6 of 2019, which defined the mechanisms for sending the budget. Therefore, does sending the budget law apply the interpretation sent to the President of the Republic, or with the decision issued by the Federal Court, which stated that the caretaker government has no right to send bills. Al-Jubouri explained that "the answer comes from the Federal Court, as it is the authority authorized to interpret the articles of the Iraqi constitution."
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