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The 
Kurdistan Democratic Party (KDP) said on Sunday that Kurdish deputies had withdrawn from the political process and returned to the Kurdistan region, stressing that the matter was presented to the President of the Republic to discuss with the leaders of the Kurdish blocs.

Hussein said in a statement to "Al-Ghad Press", "The Kurdish blocs did not withdraw from the political process so far, but raised the issue to President Fuad Masum to discuss the issue with the leaders of the blocks and a decision in this regard." 
He added that "the Kurdish blocs asked the infallible to take a decision to boycott the political process or the final withdrawal from them, which in turn promised to examine the matter and inform us of the results, and we are waiting for it." 
Hussein attributed this decision to "pass the House of Representatives federal budget for the year 2018 despite the refusal of the Kurdish deputies and the Kurdistan region to them." 
The MP from the Patriotic Union of Kurdistan Shakhwan Abdullah, had said earlier today that the Kurdish forces have taken a decision to withdraw from the political process, and return to the Kurdistan region.
"There is a number of opinions put forward, including withdrawal from the political process, because there is nothing left to link with the federal government, after the crisis of Kirkuk, and reduce the budget of the region, without any face, and any legal basis," said Abdullah, a Rapporteur of the Parliamentary Security and Defense Committee. 
"We as deputies of the Kurdistan Alliance in all its mass, we reached the conviction that the continuation and go with the Iraqi government to no avail, so one of the options that we asked the political leadership to order us to withdraw from the presidency and the Council and the ministers and deputies, In their suffering and start a new page. " 
It is worth mentioning that the House voted in its meeting on Saturday, the draft federal budget law for the current year, with the boycott of the Kurdistan Alliance deputies for the meeting in protest against the reduction of the share of the Kurdistan region from 17% to about 12%.
On Saturday, the deputy of the Kurdistan Democratic Party, Sirwan Sereni, the President of the Republic to boycott the political process and the upcoming elections. 
Sereni, head of the parliamentary education committee, called on President Fuad Masum and the leaders of the Kurdistan region to boycott the political process and the upcoming elections and hold an international conference to find another model of governance in Iraq after the dangerous positions and insist on passing the budget as it currently reduces the share of the region. 
He stressed that "what is happening under the dome of the parliament is a scheme to divide Iraq and marginalize the Kurds and the coup on the partnership and the application of the policy of the mandate of the jurist, which has become the leader of Iraq."
"What is happening in the Iraqi Council of Representatives recently is the insistence on marginalizing the Kurds and isolating them from the political decision and push them to resort to other options open dimensions to stand and respond to these acts contrary to the Constitution and national partnership and agreements recognized since the last decade in the share of the province in the budget." 
He stressed that "we can not remain silent as spectators on the farce that is taking place in the parliament against the Kurds and the continuation of the policy of chauvinism and nationalism, especially in March, the month of Kurdish uprisings and Kurdish martyrs." 
"The Kurds, who have been subjected to the worst of the genocide, have caused hundreds of thousands of martyrs, victims, anfalites, missing persons, mass graves and chemical weapons, are now being subjected to a new campaign of genocide, including cutting off the livelihood of the Kurdish people and embroiled in political differences."
"The cutting of necks and the cutting of livelihoods, such as famous Baghdad is in the commission of the effect of the policy of the mandate of the jurist, which governs Iraq and seeks to subjugate the Iraqi partners and components, despite the nose away from the Constitution and the law and partnership. 
He stressed that "the three presidencies and political parties that participated in the vote to reduce the share of the region bear responsibility for this dangerous work, which will eliminate the understandings and alliances before him in the formation of previous governments." 
Sereni, President of the Republic and political leaders in the Kurdistan region to boycott the upcoming elections and the political process, proposed "to hold an international conference in the Kurdistan region under the auspices of the United Nations, America and the international community to find another model of governance in Iraq."
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Information / Baghdad ..

The MP for the National Alliance Amer Fayez, Sunday, that the Federal Court will respond any appeal by the Government of the General Budget Law for 2018 on the additions of the House of Representatives, while excluded the resort of political blocs to challenge them.

Fayez said in a statement to the information that it is unlikely to resort to the political and parliamentary blocs to challenge the law of the general budget for 2018, as happened in previous years, referring to "pass by consensus."

Fayez added that "any appeal by the government on the additions of the parliamentary financial committee will be refunded by the Federal Court," adding that "the additions of the House of Representatives is not in any financial dowry." Ending / 25

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Deputy: Kurdish MPs have lost the rights of their people in the "cafeteria of Parliament"

 

 Since 2018-03-04 at 12:06 (Baghdad time)

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Special - Mawazine News

The deputy of the National Alliance Zahir al-Abadi, Sunday, sitting Kurdish deputies in the cafeteria of the parliament and not attend the voting sessions on the articles of the General Budget Law violation of the rights of the Kurdish people, pointing out that they have lost the right of their people.

Abadi said in an interview with "Mawazin News" that "the Kurdish deputies are the betrayal of honesty against their poor people. Instead of sitting in the cafeteria of the parliament, they should attend the voting sessions on the budget and defend their rights."

"We are defending the Kurdish people, who are considered oppressed people who have been consumed by the governments in the region," he said.

And saw the session on Saturday, the vote on the law of the general budget for the year 2018 Gjean Kurdish blocs

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Legal expert: Kurdistan is able to challenge the budget law

The legal expert Tariq Harb, on Sunday, that the Kurdistan Region can appeal the federal budget law for the year 2018 before the Federal Supreme Court.

The war in a statement to Kurdish media that the Kurdistan region can appeal the federal budget law for the year 2018 before the Federal Court after its ratification by the House of Representatives by instituting a lawsuit against the law.

He added that the Kurdistan Region can challenge the paragraph reduce its share in the budget to 12.69% depending on the constitutional and legal basis and to submit a legal argument, not political.

He said war that "the Federal Court can cancel the paragraph reduce the share of the Kurdistan region of the budget, and to demand an amendment to this paragraph or demand the House of Representatives to enact a new law for the budget."

He pointed out that the Kurdistan Region ended all diplomatic and political ways to amend the budget and has only to resort to the Federal Court to prove the unconstitutionality of reducing its share in the budget.

https://www.sotaliraq.com/2018/03/04/خبير-قانوني-كوردستان-قادرة-على-الطعن-ب/

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  •  08 March 2018
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Baghdad - Asia News Channel

The parliamentary Finance Committee, on Thursday, that "the current government will not submit a new project to amend the Federal Budget Law 2018, voted by the House of Representatives recently.

"The House of Representatives and the Finance Committee have realized that the formation of the new government will take time, and therefore the current government will not need to submit a new project to amend the budget, because it has the authority to disburse from the reserves of emergency budget allocations," said member Masoud Haider, in a press statement, followed by Asia News. According to law. "

He added that "the parliament voted to correct the mistake of inadvertently in the budget on the allocation of 3 trillion dinars from the emergency reserves for staff compensation, including the Kurdistan region and popular mobilization," noting that "this paragraph is a new amendment to the budget law, but the government will not appeal because the Prime Minister himself "The volume of internal and external loans in the budget is about 11 trillion dinars, while the total allocations of the region 7 trillion and 597 billion dinars annually, and this amount will not spend because the share of the region will depend on the actual expenditure of the state, which is generally about 70 trillion dinars. "

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The Patriotic Union of Kurdistan confirms that infallible will not ratify the budget of 2018 and reason !!

08-03-2018 02:06 PM
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Baghdad News -

 

 

The MP of the Patriotic Union of Kurdistan Abdul Qadir Mohammed, on Thursday, that President Fuad Masum will not vote on the budget law in the event of the law included legal or constitutional violations, while considered infallible does not interfere in the controversial issues between Baghdad and Erbil as a 'party dispute'. 

"The President of the Republic does not interfere with controversial issues between the Kurdistan region and the federal government as a party to a dispute or a dispute, especially with regard to the laws that proceed in parliament and have disagreements or conflicts with the territorial government," Mohammed said in a press statement. 

He added that the president's view of the legislated laws is purely Iraqi view according to a legal vision that is far from being aligned to one party without another. Therefore, we do not believe that the existence of objections from the region on the substance of the budget will make the presidency of the republic to challenge the law or refuse to ratify it.

"The President of the Republic will study the budget as any other law reaches the presidency from the legal aspects, and in the event of violations of the law or constitutional it will not be approved and works to address so as not to exacerbate differences.

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Parliamentary finance reveals figures .. The volume of loans in the budget of 2018

 
 08 March 2018 - 13:52 | Number of readings   
 
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BAGHDAD - A member of the Parliamentary Finance Committee said on Thursday that the current government has not submitted a new project to amend the Federal Budget Law 2018, voted by the House of Representatives recently.

"The House of Representatives and the Finance Committee have realized that the formation of the new government will take time, and therefore the current government does not need to submit a new draft to amend the general budget, indicating that it has the authority to spend from the reserves of emergency budget allocations according to the law."

He added that "the parliament voted to correct the mistake of inadvertently in the budget on the allocation of 3 trillion dinars from the emergency reserves for compensation of employees including the Kurdistan region and popular mobilization," noting that "this paragraph is a new amendment to the budget law, but the government will not appeal because the Prime Minister himself approved With a number error and corrected ".

"The volume of internal and external loans in the budget is about 11 trillion dinars, while the total allocations of the region 7 trillion and 597 billion dinars annually, and this amount will not spend because the share of the region will depend on the actual expenditure of the state, which is generally about 70 trillion dinars.

The House of Representatives voted this weekend on the overall law of the federal budget 2018, amid the district representatives of representatives of Kurdish blocs and parties.

On February 3, the House of Representatives voted on the draft budget bill for 2018 in full.

A parliamentary source said that "the House of Representatives and during its ordinary meeting, today, completed the vote on the draft budget law for the year 2018 in full."

Prime Minister Haidar al-Abadi congratulated the Iraqi people for launching the general budget law for the year 2018, and called on the ministries, institutions and departments of the state to carry out their duties in the best way.

Al-Abbadi's office said in a statement that the last here is all the Iraqi people to launch the general budget law for 2018, enable the government to carry out its responsibilities and implement its policies and development projects and service and its economic and social program and secure the rights and interests of citizens and salaries of employees throughout Iraq.

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Parliamentary Finance: Budget amendments were made with the approval of this official

 
 07 March 2018 - 15:06 | Number of readings:   
 
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BAGHDAD - The Parliamentary Finance Committee confirmed on Wednesday that the final amendments voted by the House of Representatives in the Federal Budget Law 2018 were approved by the Prime Minister.

The committee member Jabbar al-Abbadi said in a press statement that "all the final amendments approved within the law of the federal budget 2018, was approved by the Prime Minister Haider Abadi," noting that "there were changes occurred at the last minute during the budget reading session to vote, To review the government and it is decided to appeal or not. "

He added that "the amendments made with the approval of the government to allocate 50% of the revenues of border ports to develop those ports and support projects in the provinces themselves, and the conversion of investment contracts in the province for the appointment of teachers and teachers, the provinces to continue to pay their salaries, as well as install the daily procedure who have uninterrupted service For four years, and reinstated their contracts. "

The House of Representatives voted this weekend on the Federal Budget Law 2018, amid the district deputies representatives of Kurdish blocs and parties.

On February 3, the House of Representatives voted on the draft budget bill for 2018 in full.

A parliamentary source said that "the House of Representatives and during its ordinary meeting, today, completed the vote on the draft budget law for the year 2018 in full."

Prime Minister Haidar al-Abadi congratulated the Iraqi people for launching the general budget law for the year 2018, and called on the ministries, institutions and departments of the state to carry out their duties in the best way.

Al-Abbadi's office said in a statement that the last here is all the Iraqi people to launch the general budget law for 2018, enable the government to carry out its responsibilities and implement its policies and development projects and service and its economic and social program and secure the rights and interests of citizens and salaries of employees throughout Iraq.

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Kurdish deputy: Abadi acknowledged the existence of a mistake in the budget of 2018

aljournal March 8, 2018

 

 

 

Baghdad - Journal News

MP on the mass change Masoud Haider, on Thursday, that the current government will not submit a new project to amend the Federal Budget Law 2018, indicating that "the Prime Minister acknowledged the existence of mistake and inadvertently in the budget on the allocation of 3 trillion dinars from emergency reserves for staff compensation and was corrected" .

A member of Haider said that "the House of Representatives and the Finance Committee realized that the formation of the new government will take time, and therefore the current government will not need to submit a new project to amend the budget, because it has the authority to spend from the reserve budget allocations emergency according to the law."

He added that "the parliament voted to correct the mistake of inadvertently in the budget on the allocation of 3 trillion dinars from the emergency reserves for compensation of staff including the Kurdistan region and popular mobilization," noting that "this paragraph is a new amendment to the budget law, but the government will not appeal because the Prime Minister himself approved With a number error and corrected ".

 

"The volume of internal and external loans in the budget is about 11 trillion dinars, while the total allocations of the region 7 trillion and 597 billion dinars annually, and this amount will not spend because the share of the region will depend on the actual expenditure of the state, which is generally about 70 trillion dinars.

The House of Representatives voted this weekend on the overall law of the federal budget 2018, amid the district representatives of representatives of Kurdish blocs and parties.

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On 3/4/2018 at 5:46 AM, NoviceInvestor said:

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

Thanks for the update. We are loo,ing at getting funding for our company and an AU court had to step in an order the SA bank to release the funds. Not a good situation in SA.  Where are all the international protectors now?

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3 hours ago, ChuckFinley said:

Thanks for the update. We are loo,ing at getting funding for our company and an AU court had to step in an order the SA bank to release the funds. Not a good situation in SA.  Where are all the international protectors now?

Thanks ..and will they release funds or are they appealing the decision..

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Deputy reveals the possibility of challenging the budget and determine the method

Deputy reveals the possibility of challenging the budget and determine the method
 



 Twilight News    
 43 minutes ago

The head of the legal committee in the Iraqi Council of Representatives Mohsen Saadoun, on Saturday, that the Kurdish blocs will not resort to the Federal Court to challenge the federal budget for 2018, noting that the resolution needs a unified political decision.

Saadoun said in a press statement that "the Kurdish blocs had an honorable position in an attempt to prevent the passage of the draft federal budget law in protest against reducing the share of the Kurdistan region," noting that all the Kurdish blocs boycotted parliamentary sessions on the reading and vote on the draft law.

Saadoun confirmed that the Kurdish blocs in the event of a desire to challenge the budget approved, the decision to appeal that requires a unified political decision of the Kurdistan Regional Government in consultation with the Kurdish blocs in the Iraqi Council of Representatives.

He pointed out that the Kurdish parties do not have any intention at the moment to appeal, pointing out that this step needs a comprehensive Kurdish consensus for the adoption.

It is noteworthy that the Iraqi Council of Representatives recently approved the federal budget for 2018 despite the objections of the Kurdish blocs.

Keywords: 

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42 minutes ago, NoviceInvestor said:

Thanks ..and will they release funds or are they appealing the decision..

They refused and missed the deadline once. But from what I have heard, the judge gave them a deadline for release or he was going to seize the property from the bank. The investment group was to have us there for the Formula I Race at the end of the month. They wanted to look at our technology and celebrate the releasing of the funds. We shall see. Do not think we make the race this year.

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Information / Baghdad ..

Confirmed the MP for the movement of change Kurdish Sherine Abdul Redha, Saturday, the lack of ownership of President Fuad Masum legal powers to refuse to sign the budget law, noting that the concern of the Kurds budget does not hurt their good.

"The President of the Republic Fuad Masum does not have any executive power and can not veto the budget law or another law as waved by some," said Abdul Redha in a statement to the "Information" that "the legislated laws in the House of Representatives are in force after 15 days from the date Legislation without the signature of the President of the Republic ".

She added that "the opposition to the adoption of the budget by the Kurdish parties and their preoccupation with them do not serve the interests of the Kurdish people and they have to approach the federal government the need to pay the salaries of the staff of the region."

Abdul Redha revealed earlier the authorization of the Kurdish parties, Deputy Speaker of the House of Representatives Aram Sheikh Mohammed to negotiate with Kurdish leaders on the response to the "uniqueness" of the decision and pass the budget. Ending / 25 d

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Economy

IMF objects KRG budget share, could cost Iraq billions

2 hours ago

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IMF objects KRG budget share, could cost Iraq billions
Iraq's adherence to regulations in the IMF's Stand-By Arrangement acts to free up $5.34 billion in international loans. (Photo: Archive)
 

ERBIL, Kurdistan Region (Kurdistan 24) – The International Monetary Fund (IMF), which controls Baghdad’s access to over $5 billion in international loans, has come out against Iraq’s recently-passed 2018 budget, in large part due to the decrease of the share allocated to the Kurdistan Region.

“The budget is not satisfactory because we think it’s not enough to maintain macroeconomic stability in Kurdistan, which is an important region of Iraq,” Christian Josz, deputy division chief of the IMF’s Middle East and Central Asian department, told Iraq Oil Report on Thursday.

Iraq’s adherence to regulations in the IMF’s Stand-By Arrangement (SBA) acts to free up $5.34 billion in international loans. It also indirectly allows Iraq to access billions more, due to the positive effect on the confidence of investors and businesses that IMF partnership carries.

If Baghdad fails to reach specific economic and governance benchmarks laid out in the SBA, the IMF can cite non-compliance to put the agreement, and therefore billions of dollars for Iraq, on hold.

According to Josz, because the budget share for the Kurdistan Region has just been reduced to a level deemed insufficient by the international monetary body, “the budget is clearly not in line with the SBA.”

The official added that the IMF did not expect the issue to be resolved by the current Iraqi administration and would need to wait until after a new one is formed following upcoming national elections, scheduled for May 12.

“I think the logical conclusion is that the [SBA] review cannot be concluded until a new government is in place and we have reached [an] agreement with the new government,” Josz said.

The IMF also objects to articles in the 2018 budget that diminish Iraq’s economic solvency, such as those reducing tax revenue and other income not related to oil production.

On March 3, the Iraqi Parliament in Baghdad voted to reduce the Kurdistan Region’s annual share of the nation’s budget to roughly 12 percent, a significant drop from its previous 17 percent allocation.

Editing by Karzan Sulaivany

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This is where the globalists at the IMF exert the power they gain by being the arbiter of loans.  "We will help you, but you have to do what we say you have to do".  Some view this as making the world a better place, some view it as extortion.

 

Iraq's government HAD to know this was coming.  They're lazy, but not stupid.  The question now is:  Do they play ball and rewrite the budget after the elections (probably means no RI/RV in the meantime, taking it to midyear at least), OR.....do they have another plan, which negates the necessity for the loans (RI/RV)?

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18:25 10.03.2018(Updated 18:48 10.03.2018)

The Iraqi government denied reports that the International Monetary Fund rejected the financial budget for 2018, because it is not in line with the agreement signed between him and Iraq.

Saad al - Sabri , spokesman for the Information Office of the Iraqi Prime Minister Haider al - Abadi, told the Sputnik ", said that the budget for fiscal year 2018 approved in accordance with legal contexts between the Iraqi state institutions of the government and parliament , and all contained therein materials is not inconsistent with the terms of the International Monetary Fund. "

 

 
He explained that the news about the IMF's refusal to budget is incorrect, stressing that the Iraqi government has not received any official response from the Fund to reject the budget.

 

The Iraqi press reports, quoted earlier today, experts in the economy, saying that the International Monetary Fund, announced its rejection of the financial budget for 2018, because it was contrary to the agreement signed between Iraq and the International Monetary Fund.

The experts stressed that "the agreement between Iraq and the International Monetary Fund, obliges Iraq to implement a set of conditions, including the abolition of jobs and the addition of financial burdens on the budget."

The Iraqi Council of Representatives has voted on Saturday the third of March this year, the federal budget law for the year 2018.

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1 hour ago, yota691 said:
 
18:25 10.03.2018(Updated 18:48 10.03.2018)

The Iraqi government denied reports that the International Monetary Fund rejected the financial budget for 2018, because it is not in line with the agreement signed between him and Iraq.

Saad al - Sabri , spokesman for the Information Office of the Iraqi Prime Minister Haider al - Abadi, told the Sputnik ", said that the budget for fiscal year 2018 approved in accordance with legal contexts between the Iraqi state institutions of the government and parliament , and all contained therein materials is not inconsistent with the terms of the International Monetary Fund. "

 

 
He explained that the news about the IMF's refusal to budget is incorrect, stressing that the Iraqi government has not received any official response from the Fund to reject the budget.

 

The Iraqi press reports, quoted earlier today, experts in the economy, saying that the International Monetary Fund, announced its rejection of the financial budget for 2018, because it was contrary to the agreement signed between Iraq and the International Monetary Fund.

The experts stressed that "the agreement between Iraq and the International Monetary Fund, obliges Iraq to implement a set of conditions, including the abolition of jobs and the addition of financial burdens on the budget."

The Iraqi Council of Representatives has voted on Saturday the third of March this year, the federal budget law for the year 2018.

 

Hmmm ..... This appears to be a direct contradiction to the story recently posted above from the IMF.

Who to believe, the IMF or the GOI ??

Perhaps this is a subtle reminder to the GOI of who (the IMF) is dictating reality.

 

Semper Fi :salute:

GO RV :bagofmoney:

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Unfortunately, I think we’re looking at January 2019 for monetary reform imo....the GOI won’t get anything done correctly.... they refuse
 
7 hours ago, The Englishman said:

“I think the logical conclusion is that the [SBA] review cannot be concluded until a new government is in place and we have reached [an] agreement with the new government,” Josz said.

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1 hour ago, TOMINVEGAS said:
Unfortunately, I think we’re looking at January 2019 for monetary reform imo....the GOI won’t get anything done correctly.... they refuse

 

What is the significance and or sequence of events that relates to January 2019 timeline for monetary reform ??

 

Semper Fi :salute:

GO RV :backflip:

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Masoum: The presidency will examine "technical errors and constitutional imbalances" in the budget
 

Iraqi President Fuad Masum said that the presidency will discuss only "technical errors and constitutional imbalances" in the federal budget law for the year 2018, not the proportion of the Kurdistan Region.

"The presidency of the republic received the Federal Budget Law 2018 after its adoption in Parliament, and the legal experts in the presidency are studying the possibility of ratification of the budget if it does not contain technical errors or constitutional imbalance," said Masoum in a televised interview broadcast by Al-Sumeriya channel.

Adding «the presidency follows this procedure in order to be reassured after the ratification».

"The presidency will look only errors and gaps in the budget, if any, and not the subject of the proportion of the Kurdistan Region in the budget," and said: "If we find a constitutional imbalance, we will contact the House of Representatives in order to reconsider it, and if they are free of errors And the constitutional imbalance, the Presidency of the Republic will pass the budget naturally ».

The Iraqi parliament, despite the opposition and the boycott of Kurdish blocs, has approved in its meeting on 3 March draft federal budget law for the year 2018 parliamentary majority.

The Iraqi government led by Haider al-Abadi, in November last year, the share of the Kurdistan Region in this year's budget from 17 to 12.6 percent.

In addition to reducing the quota allocated to the Kurds from 17 percent as decided by the budgets of the past years to 12.67 during the current year, it is one of the punitive measures taken by the federal government against the Kurdistan Region following a referendum on independence on 25 September. Last, the mention of the region in the draft law as provinces and not as an entity, in addition to not allocate funds to the Peshmerga forces, which under the Constitution part of the Iraqi defense system.

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 money and business


Economy News _ Baghdad

The government denied the news that the International Monetary Fund rejected the federal budget for 2018, because it is not in line with the agreement signed between him and Iraq. 
A spokesman for the Information Office of the Prime Minister, Saad al-Hadithi, in an interview with "Sputnik" and viewed by "economy News", "The financial budget for 2018 approved in accordance with legal contexts between the institutions of the Iraqi state of government and parliament and all the material contained therein does not conflict with Conditions of the International Monetary Fund ". 
He explained that the news that the International Monetary Fund refused to budget "incorrect", stressing that the Iraqi government has not received any official response from the Fund to reject the budget. 
It is worth mentioning that according to economists, the agreement between Iraq and the International Monetary Fund, obliges Iraq to implement a set of conditions, including the abolition of jobs and the addition of financial burdens on the budget.


Views 57   Date Added 03/11/2018

 
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