Halaboussi: We have feedback on activating the budget and we hope there will be steps in this regard

[justchecking123]

2 hours ago, Laid Back said:

“the Kurdistan region "got more than its rights" in the financial budget for 2019, noting that the share of the province of the budget amounted to more than 20%.”

 

if kurdistan region is getting 20% of the budget, I don’t see any problem 

to approve the HCL.

 

Go HCL

Go RV

Go $1:1

Wasn't 17% the original amount? 

 

 

[tigergorzow]

4 minutes ago, justchecking123 said:

Wasn't 17% the original amount? 

 

 

justchecking123,  Yup sure was...😁😁

[3n1]

1 hour ago, justchecking123 said:

if kurdistan region is getting 20% of the budget, I don’t see any problem 

to approve the HCL.

 

hoping that happens too and iraq has turned a page,  the oil ( hcl ) is a lot like the currency auctions it has been a source of major thievery for the sake of iraq and everything and everyone  its go time ... heres hoping

[Officiallytook]

4 hours ago, chris2028 said:

Extremely Interesting topics there @Officiallytook. I plan to continue this video this afternoon. I love to learn new insightful information.  There is a saying from the movie Wallstreet- "The most valuable commodity i know of is information". 

Exactly, I'm at the point of knowing so much I under appreciated the saying "Ignorance is bliss" LMFAO now I understand why some rather not know or care to know because it'll end up destroying the fabric of their lives 😁

4 hours ago, Laid Back said:

“the Kurdistan region "got more than its rights" in the financial budget for 2019, noting that the share of the province of the budget amounted to more than 20%.”

 

if kurdistan region is getting 20% of the budget, I don’t see any problem 

to approve the HCL.

 

Go HCL

Go RV

Go $1:1

Better be no complaints pass pass pass

2 hours ago, justchecking123 said:

Wasn't 17% the original amount? 

 

 

Exactly I'm saying they should be up and running quick AsF. Hopefully the USA govt will soon follow if not before hand

[10 YEARS LATER]

7 hours ago, mannie2g said:

Not surprised

 

Great ..... they pass the 2019 Budget, then collapse back into their chairs in a coma.

 

Seize the moment doesn’t compute with this mob. They make Bart Simpson look like an over achiever.

[NoviceInvestor]

1 hour ago, 10 YEARS LATER said:

 

Great ..... they pass the 2019 Budget, then collapse back into their chairs in a coma.

 

Seize the moment doesn’t compute with this mob. They make Bart Simpson look like an over achiever.

Imagine how stressful those hours of work to pass the budget would have been lol... Don’t be too hard on them be grateful they actually turned up for the day ..

[10 YEARS LATER]

49 minutes ago, NoviceInvestor said:

Imagine how stressful those hours of work to pass the budget would have been lol... Don’t be too hard on them be grateful they actually turned up for the day ..

 

Too true....I did expect this to drag on for some time. Pleasantly surprised.

[yota691]

24-01-2019 11:12 AM

Strategic expert: the budget in the valley and the government program in another and Abdul Mahdi will suffer

 

 

 

 

Baghdad / News

Strategic expert Salah Bouchi called on Thursday to prepare an administrative and financial plan and a political model away from sectarianism in the budget , stressing that the budget in the valley and the government program in another and Prime Minister Adel Abdul Mahdi will suffer.

"The increases in the budget of 2019 are not necessary and could have gone," he said. "The existence of the final accounts means the right beginning of the next phase and its absence is a disaster for fiscal policy and complex accumulations."

He added that 'the budget that will pass is devoid of all that serves the Iraqi people and the youth sector,' explaining that 'the budget in the valley and the government program in the other and Abdul-Mahdi will fall in errors that prevent balance in fiscal policy and parliament will bear the responsibility for his program.'

[yota691]

National approach: A budget item that contains an uncertain paragraph that gives unjustified sovereign guarantees

5:13 - 24/01/2019

 

 

 

BAGHDAD - Mawazine News 
MP from the mass of the national approach, Jamal al-Muhammadawi, Thursday, that the budget of 2019 includes one of the paragraphs strange and suspicious in Article V-c, granting sovereign guarantees is not justified. 
In a statement received by Mawazine News, Al-Mohamadawi said, "The 2019 budget included one of the strange and suspicious clauses in Article V-C that gave the Minister of Finance to issue guarantees to a company named Khairat Al-Abar for the project of a unit of hydrogenation and improvement Gasoline and a fixed time limit. " 
He asked by saying: "How does the ministry grant an investment opportunity to a company and the state will assume sovereign guarantees with all the requirements of that investment opportunity from land and reductions in the price of the purchase of raw materials included in the products of that project."
He added that "this example and others confirms the fact that the provision of profits unjustified and large to limited people are fundamentally incompatible with the philosophy of investment, which is supposed to contribute to the movement of the economy and the profits and benefits of the state and provide employment opportunities and address the rampant unemployment among the Iraqi youth deprived "He said. 
He called on the prime minister to "reconsider the granting of these guarantees, which provide benefits to a few traders and miss important opportunities to maximize revenues through the Ministry of Oil companies technical cadres of these projects to return profits to public companies and cadres and employees." 
The House of Representatives, in a session of Marathon started since the first evening on Wednesday and continued to dawn on Thursday, the draft federal budget budget for 2019.
The reporter / Mawazin News / The Iraqi Council of Representatives voted in an advanced time on Thursday, the federal budget after months of disruption and discussions, revenues of one hundred and five trillion and 569 billion and 686 million and 870 thousand dinars. 
The parliament amended the final draft by deleting more than 20 articles and adding more than 40 basic articles. Including rejecting the re-linking of the Civil Aviation Authority with the Ministry of Transport and the deletion of Articles 37 and 38 of the budget, voting on the creation of 6,500 jobs for the crowd in the Samarra district, banning the importation of soft drinks, sweets and chips and approving the transfer of certificates from the Interior and Defense to the civil ministries and ending the administration by proxy June 30. 
The Kurdish deputies were able to add a paragraph to Article 10 of the Budget Law, confirming the guarantee of salaries of employees of Kurdistan and salaries of the Peshmerga forces.
The budget, which began to vote on the parliament late on Wednesday evening, set the price of a barrel of oil at $ 56 dollars export rate of 3 million and 880 thousand barrels per day, including 250 thousand barrels per day only of oil in the Kurdistan region The dollar was also calculated exchange rate of 1182 dinars One dollar. 
The new budget was imposed on all parties, bodies, ministries and governorates. All cash grants received from foreign institutions or government were deposited as final revenues to the state treasury, and then disposed of by the Ministry of Finance.

[yota691]

 

Ministry intends to challenge the budget of 2019 at the Federal Court

 

25-01-2019 12:26 PM 
Number of readings:

Agency of the orbit -

Baghdad 

The Ministry of Displacement and Migration announced on Friday its intention to challenge the Federal Supreme Court against the passage of 440 billion dinars of relief and social aid from the allocations of displaced people to the liberated provinces, which were included in the budget in 2019. 

The ministry said in a statement ' The parliamentary finance to reconsider the allocations of the ministry in the public budget and related to its plan, which works on the implementation of projects, including grants for return and displacement and the restoration of stability, which will encourage displaced to return to their areas of origin.

Undersecretary of the Ministry of Foreign Affairs Jassim Al-Attiyah said in the statement that the funds allocated to the ministry by the parliament are not enough to meet some of the projects set by the ministry within its plan for the current year. He said that the ministry has more than two million displaced people distributed in the country's provinces. General, where I said it would hinder the work of the ministry in general and its projects in particular. 

He added that the ministry is not from ministries that have been transferred powers to the provinces and transfer of funds back to the liberated provinces prevents the implementation of the plans of the ministry, especially what was stated in the government program, which voted by parliament when forming the government.

 

 

 

 

 

[yota691]

$ 111 billion Iraq budget in 2019

- 22 Hours Ago

The Iraqi Council of Representatives voted Thursday on the budget for the year 2019, which rose by 45 percent from last year, including the re-share of the Kurdistan region, which is autonomous.

The budget amounted to 111.8 billion dollars with revenues rely mainly on oil exports at 3.9 million barrels per day, including 250 thousand barrels of fields in the Kurdistan region, the price of selling $ 56 per barrel, while the price of a barrel of oil in the market is currently $ 63.

Oil exports account for 89 per cent of revenues in this budget, which had a deficit of $ 23.1 billion, twice the budget deficit of 2018. State investments amounted to $ 27.8 billion across budget lines.

The budget includes the return of the share of the Kurdistan region, which was not received in the budget of 2018 and was estimated between 12.7 and 17 per cent, in response to the referendum held by the Territory in October 2017, with the aim of independence from Iraq.

On the other hand, the central government will pay the salaries of Kurdish government employees in 2019, including fighters of the Kurdish Peshmerga forces, which has been the subject of controversy for years between Baghdad and Erbil.

Members of the House of Representatives, representing provinces that were devastated by the war against the Da'ash organization, demanded more funds through the 2019 budget to rebuild their areas.

The parliament approved the budget this year in light of efforts to vote on the nomination of new ministers in the government of Adel Abdul Mahdi, whose seats were not completed despite the declaration of the composition three months ago.

Middle east

[gregp]

111 Billion

[cranman]

Correct me if I'm wrong but isn't that 132 trillion dinar?  Or am I confused about what they are saying?

[yota691]

Iraq Parliament Approves 2019 Budget

14 hoursagoIraq

MIDDLE EAST ONLINE

• 

 

On Thursday, Iraqi parliamentarians approved the country's 111.8 billion-dollar budget. This budget is one of Iraq’s largest ever spending bills, represents nearly 45 percent increase from last year as more money has been allocated to public salaries.

Iraqi lawmakers on Thursday approved the government’s 2019 budget, which at $111.8 billion is one of the oil-rich country’s largest ever spending bills.

It represents a nearly 45 percent increase from last year and awards even more money for public salaries, including those of the northern Kurdish region.

Nearly 90 percent of the budget comes from oil revenues.

Iraq expects to export 3.9 million barrels per day in 2019, including 250,000 bpd from the Kurdish region, at an average of $56 per barrel.

The current price of crude sits at $63 per barrel.

The deficit is expected to more than double to $23.1 billion, while investments increase to $27.8 billion.

The draft bill was originally submitted to parliament in October but has been fiercely debated since then.

MPs from provinces ravaged by the fight against the Islamic State group criticised it for not allocating enough reconstruction funds to their regions.

Another debate raged over the share that would be allotted to the administratively autonomous Kurdish region.

MPs had originally scheduled a session for 1:00 pm on Wednesday but delayed it to 7:00 pm and voted article by article, finishing just after midnight.

The government proposed $52 billion in salaries, pensions, and social security for state workers – a 15-percent jump from 2018 and more than half the total budget.

Notably, parliament passed a budget measure to fund salaries for the Kurdistan region’s state workers and armed forces, the peshmerga.

The budget also stipulates the Kurdish Regional Government must export 250,000 bpd of crude through state-owned companies and deposit the revenues in federal coffers.

If it didn’t, MP Sarkawt Shamsaddin said, Baghdad would continue to pay salaries but would not disburse other funds to the Kurdish region.

“The good thing is public servants’ salaries and peshmerga are not subject to political disputes,” said Shamsaddin, representing the northeastern Kurdish city of Sulaymaniyah.

Relations between Baghdad and Arbil, the capital of the Kurdish region, soured in 2017 after Kurdish authorities held an independence referendum.

Last year’s budget was approved by parliament in March.

Parliament had also scheduled a vote on two of the five remaining empty cabinet posts in Prime Minister Adel Abdel Mahdi’s government but adjourned without holding it.

[6ly410]

5 minutes ago, yota691 said:

The budget also stipulates the Kurdish Regional Government must export 250,000 bpd of crude through state-owned companies and deposit the revenues in federal coffers.

 

[yota691]

26-01-2019 09:37 AM

Majida al-Tamimi for "News": Parliament will hold the government accountable if the budget is not properly applied

 

 

 

Baghdad

 A member of the Finance Committee parliamentary Majida Tamimi, Saturday, the Parliament's decision to hold the government in the absence of the implementation of the budget law in its correct form, noting that the budget included all service issues and ministries applied.

 Tamimi said in a statement to the 'news', that' Parliament will monitor the performance of the government more than last year during the implementation of the budget and will be held accountable in the case of non-implementation, especially, on the restoration of their contracts and contracts and the launch of service projects .

 "The parliament has made direct amendments to the budget outside the written texts during the passage, forcing the staff of the legal and financial committees to review the video session of the approval for the formulation, according to the hearing .

 She added that 'parliament will send the law to the Presidency of the Republic immediately after the drafting of the ratification and then sent for publication in the official facts,' indicating that 'the implementation of the budget law will be after publication in the facts 

[yota691]

Saleh: The adoption of the budget is an important achievement towards economic recovery

Friday 25 January 2019 28

 

Baghdad / Al-Sabah

The President of the Republic, Barham Saleh, approved the adoption of the federal budget for 2019 by the House of Representatives, which returned him an important achievement towards the economic recovery, while calling for the formation of the remaining cabinet cabins.

"The adoption of the budget by the House of Representatives is an important achievement towards economic recovery," President Saleh said in a tweet to his official account on Twitter. "The launch of allocations and ensuring fair distribution and transparency in the context of the reform process will meet the maturity of the reconstruction and the decent life of citizens, , Expressing his hope "to complete the completion of the ministerial line so that the government can start to implement its promising program."

On the other hand, the spokesman for the Presidency of the Republic Luqman al-Fili, that "the presidency of the Republic and since the ascension of President Barham Saleh, his position is working to develop its performance and activate its role and address the state of sagging." The spokesman added in a statement received by the "morning" that "work is under way to take administrative reforms and restructuring of the Presidency of the Republic to contribute to enhance its effectiveness and improve its performance," noting that "President Saleh and from the first days of its direct order to guide the Office of Financial Supervision to monitor The performance of the presidency where all administrative and financial procedures are currently controlled to reflect the principle of enhancing transparency. " "It is regrettable that some social media outlets transfer inaccurate information about the appointment of presidential advisers at high costs. In fact, they are using a group of consultants, some of whom are working in the consultative group on a voluntary basis without pay as they are paid by others,

[blueskyline]

Thank You Yota . GM DV's ....Turn the key and put it on the Highway. 

[yota691]

In the table .. Appropriate provinces of the budget of 2019

In the local  26 January, 2019 Count provinces of the budget of 2019 closed  157 visits

 

Baghdad / SNG - a table showing the percentages of governorates of the federal budget for the year 2019.

The ratios and allocations of financial governorates are as follows.

 

 

[yota691]

Deputy: share of the budget is equivalent to ten times the balance of the budget

 

Saturday 26 January

 

 

Alsumaria News Baghdad , MP for the province of Nineveh , Abdul Rahim Shammari Saturday that the province of Kurdistan received a budget of 2019 ten times what happened upon the previous budgets, while noting that the region 's share now will reach ten trillion dinars , except for loans and donations.  Al-Shammari said in an interview for Alsumaria News that "Nineveh province has not been fair budget, and we were aspiring to develop allocations commensurate with the magnitude of suffering and destruction," noting that "the Kurdistan region received more than the share obtained in previous years, whether in 2006 or 2007 or After that. "   Al-Shammari added that "the region also granted a share within the development of regions according to population ratios, which means the inclusion of quotas that will be distributed from the allocations of development of regions in the budget in addition to the proportion of the region," pointing out that "the other is the coverage of the region grants, loans and grants, And the Peshmerga forces within the balance of security and defense. "  Shammari said that "the budget talked about the export of the region a certain percentage of oil per day and in case of non-compliance with the export rate is deducted a certain percentage of the specified rate of 12.68 and they know well that the region will not adhere," pointing out that "the share of the region now will reach ten Trillion dinars, excluding loans and grants at a time that their natural share is one billion dollars worth a trillion dinars, which means that the region today received ten times the budget compared to previous years. The deputy for the wisdom bloc Ali al-Badiri confirmed, Thursday, January 24, 2019, that the Kurdistan region "got more than its rights" in the financial budget for 2019, noting that the share of the province of the budget amounted to more than 20%.  It is noteworthy that the House of Representatives voted late in the night of 23-24 January 2019 on the federal budget for fiscal year 2019.

[6ly410]

 

Economist .. New budget deficit of 23 billion dollars, and the most dangerous part of that budget that it depends on external indebtedness

26/01/2019 08:45 PM | Number of readings:

 

  

   Revealed the economic expert Abdul Rahman al - Mashhadani on Saturday, deadly negatives in the budget of 2019 , which is the largest budgets of Iraq. Mashhadani, a professor of economics at the Iraqi University, said in a statement read by the "Covenant News" "The country's budget for the year 2019 is the largest and largest in the history of budgets, to be loaded with government debt for previous years, coupled with the large item of salaries and weak exchange on other sectors, which means that it will add new. He added that 'the predominant feature of this budget is salaries and wages, which represents 54% of the total allocations, estimated at 113 billion dollars'. He pointed out that 'the aspects that we were looking for as experts and specialists to go the bulk of that budget to the investment side and not to the operating side, as the remaining 46% of which 27% of the investment side and in fact the 27% will not go to invest, Will go to the arrears of contractors overdue for 3 years in addition to the debts of farmers in arrears the government from the sale of their crops since 2014, which are more than 5 billion individual '. The economist pointed out that the ' The other part of the investment plan is directed at the stalled projects, of which more than 60% have been completed, and the number of projects is estimated to be more than 6,000. The new projects are worth about $ 5 billion in foreign loans. Return on the lives of citizens'. Mashhadani said that 'the new budget deficit of 23 billion dollars, and the most dangerous part of that budget that it depends in large part on external indebtedness,' pointing out that 'the budget of about 14 billion dollars foreign debt from different sources. At the same time, we are paying $ 10-12 billion of old interest and installments of debt, which will be difficult for Iraq, especially as the volume of indebtedness increases.

http://alahadnews.net/index.php/permalink/139649.html

[fancy]

Thanks 6ly. Largest in the history of their budgets huh? Well this is something new.

[yota691]

Economist reveals the deadly drawbacks in Iraq's largest budgets

10:15 - 26/01/2019

 

 

 

Baghdad balances News  
said Dr. Abdul Rahman al - Mashhadani, a professor of economics at the university, said that the 2019 budget of the country is the largest and the largest in the history of budgets, to be downloaded in government debt from previous years, along with the magnitude of the item salaries and poor exchange on other sectors means they will not add new. 
Mashhadani said in a press statement on Saturday that the predominant feature of this budget is salaries and wages, which account for 54% of the total allocations, estimated at 113 billion dollars.
He added that the aspects that we were looking for as experts and specialists to go the largest part of that budget to the investment side and not to the operating side, as the remaining 46% of which 27% of the investment side and in fact the 27% will not go to invest, as the bulk of them will go To the arrears of contractors over 3 years in addition to the debts of farmers in arrears to the government from the sale of their crops since 2014, which constitute more than 5 billion individual. 
He added the economist, the other part of the investment plan directed to the projects stalled, which has been completed more than 60% of them and the number of these projects more than 6000 projects, and the new projects worth about $ 5 billion of foreign loans, so we will not think of anything from That huge budget or its impact on the life of the citizen.
The economic expert pointed out that the new budget deficit of 23 billion dollars, and the most dangerous part of that budget that it depends in large part on foreign debt, that budget by about $ 14 billion foreign debt from different sources. At the same time, we are paying $ 10-12 billion of old interest and installments of debt, which will be difficult for Iraq, especially as the volume of indebtedness increases. 
Ended 
 m h n 

[yota691]

Deputy: the inclusion of 65 thousand people with new appointments in the budget of 2019 and these ministries covered

11:32 - 27/01/2019

 

 

 

BAGHDAD - Mawazine News 
MP in the parliament, Lial Mohamed Ali, on Sunday, the inclusion of 65 thousand people new appointments in the budget of 2019, announcing the ministries covered. 
In a statement received by Mawazine News, Ali said that "65 thousand people were included in the new appointments approved by the Iraqi Council of Representatives." 
"The appointments include 31,000 degrees in the Ministry of Electricity, 17,000 in health, and 5,000 in the interior," she said. 
"The Ministry of Defense has 5,000 degrees, the counterterrorism apparatus has 3,000 degrees, the Ministry of Higher Education has 1,000 degrees, the Ministry of Finance has 500 degrees, the media and communications body has 300 degrees," Ali said. 
"The Iraqi Media Network 100 degrees and the institution of prisoners and martyrs 100 degrees in particular, 500 degrees and three presidencies and the Secretariat General of the Council of Ministers 1500 degrees, the Ministry of Justice 200 degrees and the Ministry of Oil 800 degrees."

[yota691]

After its adoption .. These are the most prominent political positions on the financial budget

Written by: Yasser Hilaliin:January 27, 2019In:

Nour News / Baghdad

Despite the passage of the budget of 2019 in the Iraqi parliament is still followed by reactions from political blocs and parties and provincial councils, between welcoming and rejecting the budget, which was approved amid political disputes, was difficult to vote on the differences over the completion of the cabinet and the file of foreign presence in the country, On other invalid laws.

 

Threat of asylum to the judiciary

The Ministry of Immigration threatened to appeal to the Federal Supreme Court in the paragraph on the transfer of 440 billion dinars of relief and social aid from the allocations of displaced people to the liberated provinces, which were included in the budget in 2019.

In a statement received by Al-Nour News, the Undersecretary of the Ministry of Finance, Jassim Al-Attiyah, called on the Finance Committee in the parliament to reconsider the financial allocations of the ministry. He pointed out that "the funds allocated to the ministry are not enough for this year's plan."

 For his part, the Basra Provincial Council, 5 objections, "preliminary", on the federal budget for 2019, stressing that "another detailed report will be issued in the coming days on the financial budget."

A document seen by the "Light News" 5 objections raised by the Basra Provincial Council, the most prominent of which is that "the allocations of the province of Basra operational and investment, much less than its financial benefits," in addition to "the articles of the budget law was placed randomly, and a clear preference for the preservation of another, Without others. "

Misty and uncertain

In the context of objections to the budget revealed the MP for the mass of the national approach Hussein al-Aqabi, the 4 points included in the budget for the year 2019 raises "doubts" and question marks.

"The most important of these points is the volume of non-oil revenues, which amounted to about 12 trillion dinars only, which is not accurate and very far from the size of the real revenues of the state," he said, in a statement received by "Al-Nour News" The presence of whales corrupting swallows the capabilities of the state. "

He pointed out that "licensing rounds for telecommunications contracts and revenues are subject to a lot of ambiguity and lack of transparency, and is not commensurate with the reality and the minimum international standards for the quality of communication services and capacity, especially with some companies provide poor services to citizens," calling for " Contracts and the formation of fair and transparent technical committees to study and reformulate them ".

Welcome Kurdish

The approval of the budget and satisfaction with the size of the allocations granted to the provinces.

Welcoming the Kurdistan Regional Government President Nechirvan Barzani, on Sunday, parliament voted on the budget, considering it "the best" for the region, compared to the financial budgets approved in the past years.

"The Kurds are satisfied with the budget, they are better than their predecessors," Barzani told a news conference after the end of a meeting of his government staff.

In addition to the regional staff, the budget includes 2019 salaries of the Peshmerga forces, which helped the Iraqi forces to defeat the organization of a preacher, while Barzani thanked Prime Minister Adel Abdul Mahdi, said "taking into account the rights of the Kurds in the meetings that preceded the adoption of the budget."

He added that Erbil will continue to support Abdul Mahdi, noting that "the provincial government touched" seriously "to the man who maintains good relations with the Kurds."

For his part, the MP for the province of Diyala Raad Dahlaki, that has been allocated 30 billion in the budget of 2019 to rebuild the affected areas in Diyala.

"The budget considered the province of Diyala, and allocated 30 billion for the reconstruction of the affected areas in Jalawla, Khankin and Qara Tabbah," said Dahlaki at a press conference held in the House of Representatives.

And to the province of Babylon, where the governor Karrar Abadi, expressed satisfaction with the allocation of funds, this year compared to previous years, which did not receive the province only a few amounts went to repay some of its debts due to projects implemented.

Abadi said that "the province got 330 billion dinars as financial allocations from the budget this year," noting that "the majority of allocations will go to service projects to improve the reality of services in the province."

"61 billion will be allocated for the construction of new schools in addition to 60 billion for the project of Babylon, the capital of the historic Iraqi, which will begin preparation for him from now."