Parliamentary Finance: We will vote on the budget next Sunday

[yota691]

Parliamentary Finance expects to vote on the 2017 budget later this month

 

Date: 11/19/2016 10:27

 

 

Information / special ..

Parliamentary Finance Committee, predicted Saturday, the parliament's vote on the draft budget law for the year 2017 end of the month, while confirming that any new request with the allocation of funds will not be included by law only after approval by the Council of Ministers.

Said committee member MP Magda Tamimi told / information /, "The draft 2017 budget law was referred to the financial and legal committees for final formulation after the completion of the first two readings and the second," indicating that "any addition or modification or new request with the allocation of funds will not be included, but the approval of the cabinet. "

Tamimi added that "the vote on the budget will be the end of this month and will be at the forefront of topics to be included on the agenda of the Council after the resumption of its sessions."

It is scheduled to resume its normal House of Representatives in the twenty-sixth of this month after the end of the visit the death of Imam Hussein (peace be upon him). Finished / 25

[funinsun]

Good morning Yota and DV.  Great news story this morning.  Thank you.

[Big_J]

GM YOTA AND DV. 

[yota691]

The government planned to borrow 21 trillion dinars to fill budget deficit

22/11/2016

 

 

BAGHDAD / JD / .. plans to the federal government, to borrow a sum of money estimated at 21 trillion dinars from domestic and foreign banks to meet the 2017 budget deficit.

A member of the Finance Committee MP Ahmed Sarhan told / KD / 2017 that the budget deficit amounted to about 21 trillion Iraqi dinars, noting that the government has developed solutions and speculative processors to pay off the deficit.

He said the government would resort to internal borrowing from banks as well as from the International Monetary Fund and World Bank in addition to the issuance of domestic and foreign bonds for the purpose of paying Almala.anthy / 8 / deficit

[yota691]

House of Representatives hearing

Parliamentary Legal: five years will ensure holiday in the budget of 2017

 

Author: MK 
Editor: AZ 
11.23.2016 00:59 
Number of Views: 1909

 

Long-Presse / Baghdad

A member of the parliamentary legal committee Zana happy, for the Committee's discussion of the draft optional five-year license, which recently proposed by the government, and as pointed out that the project comes in favor of the current economic situation, confirmed the project is included in the general budget in 2017 with some modifications.  

Saeed said in an interview (range Press) "We studied the subject of five optional years leave for employees in the legal committee and have seen that for the benefit of the economic situation of the country and we have given a chance for employees who find work in the private sector to take a vacation and enjoy the nominal salary."

Said added that "there are some conditions to enjoy the leave is that approvals be limited to the minister and that is not approved to give a vacation competencies, and that accounted for his service for the purposes of retirement and bonus , " he said , adding that " the Commission has developed amendments to the law which is the possibility of cutting employee five years vacation after two or three years after the holiday. " 

a member of the legal committee in the House, that" five years will ensure a vacation in the 2017 budget. "

The Iraqi Council of Representatives earlier this month voted in principle to leave the five optional years.

 

[yota691]

Finance: 4.8% deduction will include a nominal salary with allowances

 

 

Economy News / Baghdad ...     He said a member of the parliamentary finance committee Masood Haider, Wednesday, that the deduction of 4.8% of employees' salaries will include a nominal salary with allowances, noting that the deduction under the 2016 budget came to support the displaced people and the popular crowd.     Haider said that "the deduction of 4.8% of employees' salaries within the 2017 budget will include a nominal salary, as well as other provisions after this deduction on nominal salary only within the 2016 budget," noting that "the deduction will include all staff, including special grades" .    He said Haider "The Finance Committee did not know until now the rationale behind the increase in the deduction to the figure after it was 3% in last year's budget in 2016," adding that "he will communicate with the government and the Finance Ministry in this regard to inquire about the increase this percentage."     As he emphasized that "the deduction, which was part of last year's budget in 2016 came to support the displaced folk crowd," explaining that "the Iraqi state was suffering from an acute shortage of revenue and therefore we must take into account the fighters and the war on terror as well as the human side of supporting the displaced, which are jointly responsible ".   As the draft federal budget law for fiscal 2017 contained a Cabinet detect and read by the House of Representatives, the first increase in the percentage of deduction from employees' salaries for the expenses of the popular crowd and displaced as reading.       mm
Views 14   Date Added 11/23/2016 - 14:18   Last updated 23/11/2016 - 13:31   No. Content 5909

[yota691]

A government plan to address the financial gap through 2017

 

 

24/11/2016 0:00  BAGHDAD / Farah pumice  parliamentary Finance Committee continue to meet to discuss the General Budget Law as amended by the Cabinet ahead of the vote by the House of Representatives.  This comes at a time revealed the "morning" about the government 's plan to address the financial gap through 2017.  According to the Chairman of the Committee Mohammed Halbusi "morning", the parliament intends to approve the budget before the end of the year, pointing to near the end of his committee to prepare its final report. He  also denied a committee member MP Sirhan Ahmed, "the existence of great difficulties before the adoption of the budget year Act 2017 before the month of December next."  the MP said in a press statement: " the adoption of 2017 budget will be the predecessors of 2015 and 2016 , " he said , adding "there is a change in some of the expenditure and revenue numbers, the deficit and the price per barrel of oil."  he added , "in light of this, there are no major difficulties delay the submission of the budget law for a vote by all the parliamentary blocs. "  the Prime Minister Haider al - Abadi has announced that the Council of Ministers held a slight adjustments to some of the legal provisions of the draft budget for fiscal 2017 Act and submit them to the Council of Alnwab.othblg budget next year of 100 trillion dinars and 671 billion dinars, with a deficit of 21 Trliuna and 659 billion dinars.  according to a copy of the budget seen by the "morning" the law, the government has developed a plan to address the financial gap (deficit) include the "adoption of balances ministries accounts and departments not associated with the Ministry of the State -owned banks, and the balance circular of the Ministry of Finance account, issuing national bonds to citizens, as well as issuing bonds and remittances treasury to government banks and specialization at the Central Bank of Iraq, and the investment of the World Bank loan for budget support, as well as the IMF loan, and a loan of Japanese cooperation Agency   Ata.kma include the adoption of ensuring Britain, France, Canada countries loans Using the World Bank, and the issuance of foreign bonds, and benefit from the EU loan, and the adoption of remittances through commercial banks, along with the World Bank loan to support the liberated areas, the US and the loan for the purpose of armament, the British loan (exports) loan, the Chinese and the loan, as well as the German loan the Swedish and Italian, and a loan of the Islamic development Bank.  in addition, the cabinet will be empowered Federal Minister of Finance to borrow or to continue to borrow from abroad to finance development projects after the cabinet approval, and continue to loans approved in previous years, as the government will issue bonds to pay dues of contractors and farmers for the years (2014.2015, 2016.2017), after being examined by the Federal Office of financial supervision in the case of inadequate estimates allocated within the federal budget for 2017 to cover receivables, with a proposal to declare a supplementary budget during the next year.

[gregp]

Sounds like they are ready. Thanks for working overtime on Thanksgiving, Yota. Happy Thanksgiving, my friend.

[yota691]

 

Financial expects to vote on the budget early next month

 

 

Economy News / special Parliamentary Finance Committee predicted, the vote on the 2017 budget year beginning next month, after making some minor adjustments to it, asserting that all the provisions in the budget negotiable and change, including career deduction. Said committee member Majda al-Tamimi said in an interview (News of the economy), that the budget in the final stages after the trading members of the Finance Committee in a few notes for submission to the House of Representatives to be added in the event of vote She added that "the Commission talks focused during the past two days to receive suggestions and observations for discussion to speed up the pass," noting that "the career deduction percentage are still in circulation and can be changed And fragmented that " the Committee agreed until now to keep the price of a barrel of oil at $ 42 per barrel and card export three million 750 thousand barrels per day , " likely " to vote on the budget bill put forward at the beginning of next month . AJ
Views 2   Date Added 24/11/2016 - 13:19   Last updated 24/11/2016 - 12:28   No. Content 5918

[yota691]

 

House of Representatives hearing

Parliament discussed the financial cuts Abadi and economists are skeptical about the application

 

Author: ASJ 
Editor: 
24/11/2016 15:15 
Number of Views: 92

 

 

Long-Presse / Baghdad

Parliamentary Finance Committee ,, confirmed discuss what has been put forward by Prime Minister Haider al-Abadi on the reduction of public expenditure to 90%, and suggested the cancellation of some other expenses that are "unnecessary", as specialists, economists ruled out the application of this matter in a realistic fact that many ministries are still has expenses classified under "Alaivadat conferencing" addresses, calls that there will be transparency in the presentation of expenditure and the budget law accessible and provide opinions for the purpose.

A member of the parliamentary finance committee, Ahmed Hama Rasheed, in an interview with (long-Presse), "The Committee discussed extensively paragraph cuts expenses posed by the Iraqi government after blocking a number of expenditure sections of a number of ministries," explaining that "the Commission is working to reduce or maybe Cancel Other expenses are classified as non-essential. "

He said Rashid, that "what is announced by the Prime Minister, Haider al-Abadi, on reducing expenses by 90% calls to check it out," stressing that "We are still studying the budget law and will determine expenses largely serve to reduce the deficit, which scored very large numbers."

For its part, adviser to Economic Reform Institute, Fahmi return she said, in an interview with (long-Presse), "The government is offering paragraphs of the budget to the public in a different way from what is in the original law, where be surprised after the declaration of the budget that some doors and specifically in expenditure is unnecessary exist and classified in the budget and this is not reasonable. "

She returns, that "the prime minister's declaration for reducing the proportion of 90% of expenses, is out of the fact there is still evidence Ministries enjoys expenses through deputations, conferences and extravagance in expenses is clear."

She called back, that "there would be a clear transparency in the presentation of expenditure and the budget law for the public and specialists to review it and read it even possible to give at least a Riehm by specialists and all that is for the general interest of the country."

Announced Prime Minister Haider al-Abadi, in the November 15, 2016 a reduction of government expenditures for goods and services increased by 90 percent compared to 2013, and as he emphasized his government's determination application of the "modern methods" to include segments of society subsidized social protection

 

[10 YEARS LATER]

7 hours ago, yota691 said:

 

Financial expects to vote on the budget early next month

 

 

Economy News / special Parliamentary Finance Committee predicted, the vote on the 2017 budget year beginning next month, after making some minor adjustments to it, asserting that all the provisions in the budget negotiable and change, including career deduction.   Said committee member Majda al-Tamimi said in an interview (News of the economy), that the budget in the final stages after the trading members of the Finance Committee in a few notes for submission to the House of Representatives to be added in the event of vote   She added that "the Commission talks focused during the past two days to receive suggestions and observations for discussion to speed up the pass," noting that "the career deduction percentage are still in circulation and can be changed   And fragmented that " the Committee agreed until now to keep the price of a barrel of oil at $ 42 per barrel and card export three million 750 thousand barrels per day , " likely " to vote on the budget bill put forward at the beginning of next month .   AJ
Views 2   Date Added 24/11/2016 - 13:19   Last updated 24/11/2016 - 12:28   No. Content 5918

"Likely to vote on the Budget at the beginning of next month" . . . ????????? (Article posted today)

Likely ? Really . . . that's what ya got, LIKELY ?

Do I take this as in DECEMBER ?????? Likely is about as good as; perhaps, probably, possibly,maybe, might do or yeah we could get to it   

Remember that article(s) earlier this month _ " No objections to the 2017 Budget " or "26 November to Vote on the Budget " - dragged the the weeds with a false narrative again I suspect.

Oh boy . . . here we go again . . . this better be just another smoke and mirrors article. If they don't have a sense of urgency NOW; this whole thing could get dragged thru the weeds for god knows how long. (lots of weed dragging, huh)

 

[magawatt]

Ten days left in November...but hey, whose counting?

[Synopsis]

56 minutes ago, 10 YEARS LATER said:

"Likely to vote on the Budget at the beginning of next month" . . . ????????? (Article posted today)

Likely ? Really . . . that's what ya got, LIKELY ?

Do I take this as in DECEMBER ?????? Likely is about as good as; perhaps, probably, possibly,maybe, might do or yeah we could get to it   

Remember that article(s) earlier this month _ " No objections to the 2017 Budget " or "26 November to Vote on the Budget " - dragged the the weeds with a false narrative again I suspect.

Oh boy . . . here we go again . . . this better be just another smoke and mirrors article. If they don't have a sense of urgency NOW; this whole thing could get dragged thru the weeds for god knows how long. (lots of weed dragging, huh)

 

Yeah, I agree with you, 10 Years Later.

If this drags on to the post US Presidential inauguration, I suspect President Trump will tell Majda al_Timimi, "YOUR'RE FIRED!!!" real quick!

                    

[TexasMike1958]

Yota posted something yesterday that said they were going to vote on the budget Saturday

[10 YEARS LATER]

2 hours ago, Synopsis said:

Yeah, I agree with you, 10 Years Later.

If this drags on to the post US Presidential inauguration, I suspect President Trump will tell Majda al_Timimi, "YOUR'RE FIRED!!!" real quick!

                    

I'll tell ya Synopsis, after nearly 14 years of being led down the garden path with False & Misleading Narrative, and then the Garden gets RIPPED OUT from beneath your feet - yet again the Can gets kicked down the road.

I'm feeling Remarkably Perturbed with what looks like more of the same BIG BUILD UP, only to have the whole thing slip away into more double talk,  and excuses why things need to be postponed or delayed. Damn then all if they don't get it right this time.

Thanks S - 

[pokerplayer]

Well said DoD, that is exactly the way I feel as well.

pp

[Synopsis]

2 hours ago, 10 YEARS LATER said:

I'll tell ya Synopsis, after nearly 14 years of being led down the garden path with False & Misleading Narrative, and then the Garden gets RIPPED OUT from beneath your feet - yet again the Can gets kicked down the road.

I'm feeling Remarkably Perturbed with what looks like more of the same BIG BUILD UP, only to have the whole thing slip away into more double talk,  and excuses why things need to be postponed or delayed. Damn then all if they don't get it right this time.

Thanks S - 

Thank You, 10 Years Later - I hear you.  Hats off to you and those who have been in this as long as you!  You have weathered some tough stuff and can read their behaviors better.  Seems there have been positive developments and may be our time!

[10 YEARS LATER]

3 hours ago, Synopsis said:

Thank You, 10 Years Later - I hear you.  Hats off to you and those who have been in this as long as you!  You have weathered some tough stuff and can read their behaviors better.  Seems there have been positive developments and may be our time!

You're right; we're on the Final Countdown and no doubt very close to the end of the ride . . . I do remain positive in the overall scheme of things, however, there are those moments with these monkeys that drive me  BAT CRAP CRAZY -

I always enjoy reading your spot on take to this 3 Ring Circus . . . keeps me sane !  Thank you for your insight, it's much appreciated 

[Synopsis]

51 minutes ago, 10 YEARS LATER said:

You're right; we're on the Final Countdown and no doubt very close to the end of the ride . . . I do remain positive in the overall scheme of things, however, there are those moments with these monkeys that drive me  BAT CRAP CRAZY -

I always enjoy reading your spot on take to this 3 Ring Circus . . . keeps me sane !  Thank you for your insight, it's much appreciated 

Thank You, 10 Years Latet for all your input!  I'm glad your find my posts worth while.  I look forward to meeting post event.  Thank You to You and all the others who have served our country!

[yota691]

House of Representatives hearing

Parliamentary Legal: five years will ensure holiday in the budget of 2017

 

Author: MK 
Editor: AZ 
11.23.2016 00:59 
Number of Views: 4894

 

Long-Presse / Baghdad

A member of the parliamentary legal committee Zana happy, for the Committee's discussion of the draft optional five-year license, which recently proposed by the government, and as pointed out that the project comes in favor of the current economic situation, confirmed the project is included in the general budget in 2017 with some modifications.  

Saeed said in an interview (range Press) "We studied the subject of five optional years leave for employees in the legal committee and have seen that for the benefit of the economic situation of the country and we have given a chance for employees who find work in the private sector to take a vacation and enjoy the nominal salary."

Said added that "there are some conditions to enjoy the leave is that approvals be limited to the minister and that is not approved to give a vacation competencies, and that accounted for his service for the purposes of retirement and bonus , " he said , adding that " the Commission has developed amendments to the law which is the possibility of cutting employee five years vacation after two or three years after the holiday. " 

a member of the legal committee in the House, that" five years will ensure a vacation in the 2017 budget. "

The Iraqi Council of Representatives earlier this month voted in principle to leave the five optional years.

[10 YEARS LATER]

11 hours ago, Synopsis said:

Thank You, 10 Years Latet for all your input!  I'm glad your find my posts worth while.  I look forward to meeting post event.  Thank You to You and all the others who have served our country!

 A meet & greet would do nicely, absolutely ! -

A bunch of the lads I worked with in Kuwait as a contractor ( Army recruiter said I was too old to re-up; didn't have time to argue that point, I was going to get into this war one way or the other ), are planning a Keggar after the trigger pull. Haven't picked a locale yet. Come on 2017 ! ! ! !   . . . and let the celebrations commence.

 

[Synopsis]

1 hour ago, 10 YEARS LATER said:

 A meet & greet would do nicely, absolutely ! -

A bunch of the lads I worked with in Kuwait as a contractor ( Army recruiter said I was too old to re-up; didn't have time to argue that point, I was going to get into this war one way or the other ), are planning a Keggar after the trigger pull. Haven't picked a locale yet. Come on 2017 ! ! ! !   . . . and let the celebrations commence.

 

[yota691]

Consultant Abadi: International Fund loan covers ration, health and education needs

economy

 Since 26/11/2016 12:02 am (Baghdad time)

Special scales News

Economic Adviser to the Prime Minister emphasized the appearance of Mohammed Saleh, Saturday, that the International Monetary Fund loan covers ration, health and education needs.

Saleh said, L / balance News /, "The IMF is keen on continuing the ration card," noting that "one of the objectives of the Fund is to cover social expenditures."

He added that "at the head of those social expenditures ration card and to be the only beneficiaries, as well as expenses include social welfare and affairs of displaced persons, education and health," denying saying, "There is no truth rumors about the cancellation of the ration budget allocations."

He said economic adviser, that "the International Fund confirmed that the loan should cover any shortfall in those payments" .anthy 29 / A 43

[yota691]

Parliamentary Finance confirms adoption of the budget law this weekend

History of edits:: 26/11/2016 12:56 • 127 visits readable

[Where - special] 
parliamentary Finance Committee confirmed on Saturday that " the adoption of the General Budget Law for the year 2016 will be the end of this week."

According to committee member Sirhan Ahmed told all of Iraq [where] that "the House of Representatives will be able to offer budget bill through the House of Representatives today 's session, and that the passing of the bill will be in place on Wednesday or Thursday of this week." 
He continued Ahmed said " the law needs to be reviewed parliamentary Finance Committee and it will display the law if the study is complete , the end of the week. " 
the House of Representatives has finished its session on the ninth of November this second reading of the draft federal budget for the 2017 law, and directed the presidency of parliament parliamentary Finance Committee Bandaj the bill to vote on it, in the coming sessions. 
the size of the 2017 budget, according to the draft of the law more than 100 trillion dinars by the inability of 21%. 
, said House Speaker Salim al - Jubouri, said that " the salaries and expenses accounted for 75% of the budget in 2017, and reached the security and defense allocations of 32% of the total expenditures in, "referring to the " keenness of the House of Representatives to reduce the three presidencies expenses in senior positions in the state. " 
the draft budget to increase the proportion of deduction from employees ' salaries for the expenses of the popular crowd and displaced law to 4.8% of the total salaries and allowances for all state employees and public sector retirees, after this percentage was 3% in the budget of 2016. 
as Article 38 of the draft budget law referred to the tax adjustment of 10% to 12% of the annual revenue of the property real estate ratio. 
announced Prime Minister Haider al - Abadi, yesterday that the cabinet made changes "minor" on some legal provisions of the draft 2017 budget law and submit them to the House of Representatives.

[olivesman]

YOWZA!