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Cabinet approves disbursement of petrodollars


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Cabinet approves disbursement of petrodollars

04/05/2013 12:00 AM

The meeting was attended by Ministers of the Kurds

 

BAGHDAD - morning

 

The Cabinet decided to exchange amounts of petrodollars to the provinces covered on the basis of quantity exported for the previous month. Came during the 17th regular Council of Ministers, which was held in Baghdad, yesterday (Thursday), headed by Prime Minister Nuri al-Maliki, in the presence of Minister Kurds after ending the boycott of cabinet meetings.

The Council of Ministers approved according to a statement received "morning," a copy of it, on the draft law of the Republic of Iraq's accession to the Convention on Prohibitions or Restrictions on the Use of conventional weapons to Be Excessively Injurious and the Protocols thereto, which entered into force on 02.12.1983, and referred to the House of Representatives.

 

The council also approved a bill Agreement on Economic and Technical Cooperation between the Government of the Republic of Iraq and the Government of the Republic of South Africa, which was signed in Cape Town on 15/2/2012, and referred to the House of Representatives.

He admitted providing an advance of 500 million dinars from the Ministry of Finance to cover the expenses of the interfaith dialogue, as agreed to by the Ministry of Finance to add the amount of the bonus granted to employees of the Ministry of Justice, except for the staff of the Department of Reform and the Office of the Inspector General in the Ministry of the aforementioned, the adult rate of eight billion, seven hundred and sixty million dinars , to the allocations of the Ministry of Justice of the contingency reserve for the fiscal year 2013.

Cabinet and form a committee headed by the Ministry of Human Rights and the relevant authorities to review the laws on compensation for the martyrs of the era of the former regime and victims of terrorism.

 

He also called on the Ministry of Human Rights to submit a report of the Republic of Iraq, "Special Optional Protocol to the Convention on Human Rights on the sale of children, child resources pornography and prostitution", taking Bmlhozat legal department at the General Secretariat of the Council of Ministers, to the relevant committee in the United Nations.

The Cabinet decided that the province's share of the petro-dollar per month on the basis of quantity exported in the previous month.

 

He also agreed to pay a committee headed by Assistant Secretary-General for Administrative and Financial Affairs and the membership of representatives from the ministries of finance and trade, as well as a representative of the advisers, not least their degree of general manager, to examine requests for the staff of the Ministry of Commerce and make recommendations to the Council within two weeks from the date of issuance of this decision to Council of Ministers.

 

The Council authorized the Ministry of Planning and Development Cooperation, the validity of transfers of projects costing less than ten billion dinars in the service ministries, which does not exceed the limits of the province to the provinces not to be advertised by the ministries and contracted. And approved the request of the Central Bank to transfer the amounts allocated to the Iraqi pilgrims to the U.S. dollar at the official rate of the Bank.

 

http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.alsabaah.iq%2FArticleShow.aspx%3FID%3D45849

 

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Cabinet approves disbursement of petrodollars..?? Is this something new..? what was it before..?

I may be wrong but, I think it is the money that go's to the Iraqi people of the excess profits from the oil!!!! If this is what it is, this is huge news!!!!GO RV!!!~~~

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Baghdad (news) .. Counting a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed Hussein, the Council of Ministers adopted allocations petrodollars to the provinces oil-producing quantities of Petroleum Exporting b 'positive' because it will keep the fiscal revenue of the state.said Hussein (of the Agency news): The mechanism new project petrodollars is a healthy and positive for the state, although it will affect some oil-producing provinces in terms of reducing the allocations of financial, stressing can not be determined petrodollars on the basis of the product, but on the exported quantities of oil. added: that Iraq produced more than 3 million barrels per day, while the issue of more than (2.6) million barrels, so the amount of oil produced, not all are exported to the outside, calling for the inclusion of provincial non-oil producing project petrodollars, to be able to all Iraqi provinces of re-infrastructures and promote their projects SOA. This has been decided Cabinet at its regular meeting on adoption of the petro-dollar allocations of oil-producing provinces of the exported quantities of oil instead of the oil-producing quantities. / End / 8.'s. m /

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