2013 Iraq Budget Ratification of the largest budget on Iraq to not meet the demands of the Kurds

[yota691]

GMT 13:39 2013 Thursday, March 7GMT 14:27 2013 Thursday, March 7 : Last Update

In a parliamentary session saw verbal Mlasnat and beaten Shoes

Ratification of the largest budget on Iraq to not meet the demands of the Kurds

Dr. Osama Mahdi

 

 

 

 Ended Iraqi Council of Representatives today controversy and debate difficult to ratify the largest fiscal budget in the history of the country valued at 118 billion without meeting the demands of the Kurds, who boycotted the vote in a session witnessed Mlasnat verbal and hit shoes while and put the budget price $ 90 for a barrel of oil on the basis of export 2.9 million barrels per day and provide 100 thousand degrees and careers.

Baghdad: Sadeq Iraqi Council of Representatives in session held Thursday, two days of voting by passing Mazinh year 2013 is the largest in the history of the country in a session boycotted by the Congress of the Kurdistan Alliance and some deputies of the Iraqi List, where voting was attended by 168 deputies of the total 325 members are the number of members of the House of Representatives. The ratification of the budget after several attempts through Parliament's inability to reach a quorum for the presence of 163 deputies, which fought operations Tgal comments for Astmrh sessions several weeks.

 

 

He explained the Kurdistan Alliance that boycotted parliamentary sessions due to lack of consent of the National Alliance Shiite proposals made ​​by the bypass dispute over dues oil companies operating in the Kurdistan Region and Article 140 of the Dezor on the disputed areas and balancing the Kurdish Peshmerga forces and other demands. was Ashti Hawrami, minister of natural resources in Kurdistan had confirmed earlier that the non-payment of dues of the oil companies by the central government has led to a great loss for the Iraqi people , especially as the total amount of cost and investment profit of 4.2 billion. And is expected to raise the ire of the Kurds, who would object to their demands were not Talph climb tense political crisis mainly between Baghdad and Erbil.

 

 In return, the general budget has identified 17% of the total expenditure to the Kurdistan region also took into account the budget quotas governorates not organized province by population .  

 

 

Verbal Mlasnat and beaten shoes
  and vote on the budget came after threats by the cleric Moqtada al-Sadr to leave on Friday in protest demonstrations in various Iraqi cities in the event of failure to ratify the budget.

 

The session included a vote today sharp verbal Mlasna between an MP for the Iraqi bloc free high Nassif and the head of the Iraqi List, the parliamentary Salman Jumaili shot after Nassif Jumaili background Bhmaiha for a television interview the camel loaded responsible for blocking the vote on the budget bill yesterday. The number of intervention 

 

To calm the two parties after the screams rose Nassif, a challenge Jumaili unwound after threatened Bmlahaktha.

 

As altercation broke out between the Attorney Haitham al-Jubouri's State of Law coalition of Prime Minister Nuri al-Maliki and MP  Uday Awad Liberal block of the Sadrist movement on one of the articles of the budget law  

 

Evolved into a clash and beatings with hands. And due reason Almlasna to the Article 12 of the Budget Law and related degrees career and related benefits political Bamufsolan and Awakening forces.

 

 

  Budget funds and allocations

 

It occupies the money allocated to the security forces and Arms one of the priorities of the budget and accounted for 14.37% of about $ 16 billion, but allocations energy aimed at solving the problem of electricity incurable 10 years ago and re-built oil installations superseded and took 21.31 percent at about $ 26 billion in occupied social services ranked third 14 billion while allocated $ 47 billion for investment projects.

 

  

 

Budget 2013 put $ 47 billion of investments

 

And still the money allocated to the security forces and Arms in the Iraqi budget annual occupies one of its priorities as set for next year 2013 ratio 14.37% at about $ 16 billion of the total value of $ 118 billion, but allocations energy aimed at solving the problem of electricity incurable 9 years ago and increased oil production and re-built facilities superseded oil this year and took 21.31 percent at about $ 26 billion in social services was ranked third by about $ 14 billion was allocated $ 47 billion for investment projects.

 

He came the energy sector top priority next year because Iraq has the fourth largest oil reserves in the world and contribute to oil revenues by 95 percent in the financing of its national budget where issued Baghdad OPEC member 2.6 million barrels per day on average during the past months, the highest total for crude exports in decades but wants to increase shipments to more than 2.8 million barrels a day this month.Iraq seeks to increase its production to double over three years after decades of neglect of infrastructure as a result of wars and economic sanctions, prompting the allocation of this huge sum of $ 26 billion, accounting for five general budget for the next year. Iraq has the fourth largest oil reserves in the world and issue now 2.5 million barrels per day on average, where oil contributes about 95 percent of Iraq's budget revenues. 

 

 

Allocations of the various sectors

 

For the first time down the customizations that would be spent on security, arming and equipping Iraqi forces nine years ago at about $ 17.2 billion and came in second place after the power allocations that amounted to $ 25.2 billion.

 

According to the budget, the allocations of Finance for different sectors of the state will be as follows:

 

Security and Defense: $ 17.2 billion, Energy $ 25.2 billion, social services $ 15.3 billion, Education $ 11.2 billion, the environment and health $ 6.1 billion, water, sewage and sanitation $ 3.5 billion, Transport and Communications $ 1.7 billion, the agricultural sector $ 2.4 billion, industrial sector $ 1.7 billion, construction and $ 1.5 billion housing, culture, youth clubs and federations $ 1.7 billion, international obligations and $ 8.5 billion debt, the central public administrations and local   $ 11.7 billion.

 

 

Criticism for the calculation of $ 90 per barrel of oil

 

In the details of next year's budget allocations was the Council of Ministers approved a draft federal budget law for 2013 at $ 138 trillion Iraqi dinars (118.6 billion dollars) a deficit of $ 16.7 billion was transferred to the parliament   for discussion and voting on them. The budget is calculated the amount of $ 90 per barrel and the amount of two million and 900 thousand barrels per day   , of which 250 thousand barrels of the Kurdistan region. The Iraqi Council of Ministers approved the eighth of December (December) in 2011 budget for Iraq in 2012 worth 117 trillion dinars by a deficit of 14 trillion dinars, while the Iraqi parliament voted on the budget in   February 2011 worth $ 100 billion have been calculated according to export oil based on the average crude price of $ 85 per barrel and an export rate of 2 million and 600 thousand barrels, including the Kurdistan region's exports.
 

 

Revenues of the general budget

 

The total federal income (119.3) trillion dinars (102 billion dollars) was the result of calculating the revenues from export of crude oil at an average price (90) dollars per barrel and export capacity of up to (2.9) million barrels per day, including the quantity produced and exported from the Kurdistan region, amounting to (250) thousand barrels per day, where will oil revenues this Development Fund for Iraq after deducting (5)% for war reparations Kuwait has reached the investment budget (55) trillion dinars and the operating budget (83) trillion dinars distributed to institutions, ministries and state bodies all terms will be distributed public expenditure in accordance with the ratio of the population after excluding allocations of the federal ministry center and sovereign expenditure.

 

 

Cover the budget deficit of $ 15.5 billion

 

Accordingly deficit in the budget (18.8) trillion dinars (16.7 billion dollars) will be covered by cash retained from the budget in 2012 and the Development Fund for Iraq and domestic borrowing by the treasury transfers and external, as well as from the savings expected from the increased sale prices of oil or increase production or borrowing from the International Monetary Fund and the World Bank, where will be empowered and Federal Minister of Finance the power to continue to borrow from the International Monetary Fund which complements the amount (4.5) billion and the World Bank, complementing the amount (2) billion dollars through 2013 and using special drawing rights limits (1.8) one billion dollars to cover the projected shortfall in the federal budget.

 

 

 Share of the Kurdistan region  

 

The share of Kurdistan (14.3) trillion dinars (about $ 12.3 billion), ie (17)% of the total operating expenses and expenses of the investment projects of the general budget of the Federal Republic of Iraq ratified the Kurdistan region after excluding sovereign expenditure and will be settled dues between the Territory and the federal government for the years (2004 until 2012) and subsequent years after being examined by the Federal Office of Financial Supervision and coordination and cooperation with the Office of Financial Supervision of the territory no later than 15 October 2013.

 

And formed the region's share of $ (14.3) trillion dinars by (17)% of the total operating expenses and expenses of the investment projects of the general budget of the Federal Republic of Iraq ratified the Kurdistan region after excluding sovereign expenditure. And will be settled dues between the Territory and the federal government for the years (2004 until 2012) and subsequent years after her audited by the Supreme Audit Federal coordination and cooperation with the Office of Financial Supervision of the territory no later than October 15 (October) 2013. He pointed to the allocation of $ (7.2) trillion dinars for reconstruction projects and the development of regions and provinces, including the Kurdistan region.

 

 

Petrodollar allocations

 

Has been allocated (250) billion dinars as a reserve to the government and $ (7.2) trillion dinars for reconstruction projects and the development of regions and provinces, including the Kurdistan region to be spent according to plans the reconstruction of the province submitted by the governor and approved by the Council of the province to the Ministry of Planning Federal where will the conservative exclusively implementation plan Reconstruction approved and take the provincial council responsible for monitoring implementation may not make any transfers within these customizations between provinces will also be allocated (1.318) trillion dinars, called assignments petrodollars which the amount of dollars for each barrel of crude oil producer in the province or refined in refineries province and a dollar for every (150) cubic meters producer of natural gas in the province and the province to be used no more than (50)% of the allocations petrodollars to buy electric power and allocate revenues from visa to Iraq to visit the holy sites in 2012 for services visitors and infrastructure.

 

 

Permissions appointments and fiscal spending

 

Under the budget on the need for advertising in local newspapers for grades developed within owners in 2013 by the ministries and departments not related to the Ministry, where priority will be given to install contracts exception of the age requirement for contractors in the past years to calculating the contract period as a service for the purposes of retirement and will be exempted of all citizens of the amount of interest for loans granted to them by the Land Bank, agricultural and housing fund and continue to grant these loans without interest to the citizens and by the souls of each province will be borne by the Ministry of Finance interest rate.

 

In order to support the industrial sector and private sector mixed Like initiative agricultural will be lending to projects Iraqi Federation of Industries and the mixed sector without interest and bear the Ministry of Finance to pay interest to the government banks and the Federal Minister of Finance reallocate the remaining funds and unspent from the approved amounts in the federal budget for 2012 and related compensation provinces and cities and individuals affected to balance the beneficiary exclusively to conduct disbursed through 2013 an exception of the provisions (Section IV) of the Financial Administration Act and the Public Debt number (95) of 2004, as well as his right to use the approved amounts for the contingency reserve to pay the expenses of emergency incidents and unexpected reduction (3 ) billion dinars for each case either if the amount exceeds this limit must obtain the approval of the Federal Cabinet.

 

Dabbagh said the Federal Minister of Finance in coordination with the Minister of Planning Federal will reallocate the amounts related to the projects Emaar and assigning provinces (Baghdad, Basra, Diyala and Nineveh), which was launched amounts in the form of advances in 2008 for the purpose of adjustments Agaydip them within the budget in 2013 without incurring the actual exchange as well as the reallocation of revenue actually in land border ports, sea and air, including sovereign revenues in 2011 to balance the border provinces both by revenue actually at border crossing points in that province with priority rehabilitation and reconstruction of the border crossing points of each province.

 

 

Implementation measures

 

It is incumbent upon the Minister of Planning to provide rate of implementation of investment projects for each ministry or institution is linked to a ministry to the Council of Ministers and in the case of non-implementation of a rate (25%) of the allocations for each project through (6) months from the adoption of the budget .. And the Minister of Finance, in coordination with the Minister of Planning to report to the Council of Ministers to determine the causes of failure and the House of Representatives questioning the minister or the head of the non-related to the Ministry in the event of non-implementation of a rate (60%) of the investment allocations for the ministry or his department from the Federal budget .

 

And will add the Federal Cabinet allocations to federal budget for the year 2013 when achieve an increase in revenues from exports of crude oil exported through the first six months of this year   to pay off the deficit planned budget and securing funds for investment projects of the Ministry of Electricity after approval by the Ministry of Planning Federal addition to amounts imported electricity and reimburse the private sector before 09/04/2003 and loans granted by the government banks for salaries of employees of public companies for the years 2010, 2011 and 2012 and loans granted by the government banks to buy barley crop for 2010 and amounts to support the affected governorates (Diyala and Nineveh) and the amounts of census General Population will be borne by the Ministry of Finance the amount of interest the (4%) of the total loans granted to residential بسماية project east of Baghdad.

 

Edited March 8, 2013 by Markinsa
Added Tag as a Prefix

[fox]

thanks for posting.

[mcuman]

GMT 13:39 2013 Thursday, March 7GMT 14:27 2013 Thursday, March 7 : Last Update

I

 

 

 

 

Verbal Mlasnat and beaten shoes

  and vote on the budget came after threats by the cleric Moqtada al-Sadr to leave on Friday in protest demonstrations in various Iraqi cities in the event of failure to ratify the budget.

 

The session included a vote today sharp verbal Mlasna between an MP for the Iraqi bloc free high Nassif and the head of the Iraqi List, the parliamentary Salman Jumaili shot after Nassif Jumaili background Bhmaiha for a television interview the camel loaded responsible for blocking the vote on the budget bill yesterday. The number of intervention 

 

To calm the two parties after the screams rose Nassif, a challenge Jumaili unwound after threatened Bmlahaktha.

 

As altercation broke out between the Attorney Haitham al-Jubouri's State of Law coalition of Prime Minister Nuri al-Maliki and MP  Uday Awad Liberal block of the Sadrist movement on one of the articles of the budget law  

 

Evolved into a clash and beatings with hands. And due reason Almlasna to the Article 12 of the Budget Law and related degrees career and related benefits political Bamufsolan and Awakening forces.

 

 

These guys actually went "the blows" over this. Now that's what I call, Colorful. At least this time nobody jumped up on a desk with a dagger and threatened the other guy with stabbing him like a goat.

 

 

'Bout time. Thanks Yota.

 

[bobab]

What if I do not want to pay $90.00 a barrel for oil.  Who are they to set a price?  Sounds like a monopoly setting prices. 

[uncirculd]

Oh heck, look out.  The PM will now be able to steal bunches of more money.  so what about a fully seated GOI?  Still waiting.  I think it's around the corner though.   At least I hope.  Not sure if this passing of NCSP forces some sort of power sharing now, or they just assume their powers just as maliki did.  

 

Wow, seriously, what is left here?  HCL?  Can't tell if they have one, no concrete evidence of it that I have seen.  The GOI is key to this long journey.  That would bring the ministers that maliki refuses to name.   Ministers would be the security.

Edited March 7, 2013 by uncirculd