Parliamentary Planning: The supplementary budget targets the fiscal deficit for 2019

[Synopsis]

56 minutes ago, yota691 said:

The parliamentary planning committee confirmed on Monday that the supplementary budget will be approved to target the fiscal deficit by the federal budget law for 2019, while showing that the beginning of next month will be a date to study the items of the supplementary budget.

 

I had mistakenly thought the supplementary budget for 2019 was passed as an amendment. I do NOT remember supplementary or amendments to the previous budgets.

 

Maybe BABY, THEE numbers (i.e. Bicraqi Iraqi Dinar allocations) HAVE TO BE "adjusted" to reflect CURRENT AND ACTUAL Bicraqi Iraqi Dinar INTERNATIONAL EXCHANGE "open" "economy" VALUE vs. THEE USD AND OTHER INTERNATIONAL CURRENCIES???!!!

 

JUST SEEMS likie A LOT is HAPPENING RIGHT NOW!!!

 

Hey, with THEE Bicraqi Iraqi Parliament "on" "recess" THINGS JUST MIGHT GET DONE, DONE, DONE !!!BAM!!! !!!SUDDENLY!!!!!!

 

Go Moola Nova!

[yota691]

Parliamentary oil excludes a supplementary budget: pass it "difficult" for these reasons

•  August 10, 2019 - 9:49
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•  Number Of Hits: 71

BAGHDAD (Reuters) - A member of the oil and energy parliamentary committee Sadiq al-Sulaiti ruled out on Saturday that there would be a supplementary budget for 2019, noting that the financial abundance achieved from the increase in oil prices only fill the deficit. Al-Sulaiti said in a press statement that "the financial abundance achieved by the amounts of high oil prices will fill the deficit only and do not expect a supplementary budget," noting that "the general budget promised a deficit of 24 trillion and we have an investment budget of about 28 trillion, most of which depends on the financial abundance Achieved by the 2019 budget. " He added that "the budget of 2020 will be harder than the budget of 2019, because of the stabilization of the functional grades and the launch of allocations so there will be an increase in the next budget," calling on "the government to provide appropriate solutions to address the budget crisis." He continued "

[yota691]

Parliamentary Finance denies its intention to issue any supplementary budget for the 2019 budget

By ahad5 12/08/2019 09:54 PM | Number Of Hits: 99

Ahd News - Baghdad

Parliamentary Finance Committee denied on Monday its intention to launch a supplementary budget for the 2019 budget during the second legislative year, indicating that the current budget did not achieve any fiscal surplus as rumored.

Committee member Ahmed Hama said in a press statement that "the current budget estimates the price of oil at about $ 56 per barrel, a suspected price for the current sale”.

Hama said, “Iraq sells oil at about $ 54 a barrel after extracting the value of extraction and export wages and international oil companies,   ie, a persistent deficit in them.”.

Hama pointed out that 'parliamentary finance does not intend to rumor to issue any supplementary budget for the budget of 2019 during the second legislative year in order to ease the economic burden on the government to devote to the issuance of the next budget.'Finished / 8

[Butifldrm]

Parliamentary Finance: The current budget did not record any fiscal surplus

14:14 - 12/08/2019

0

Information / Baghdad ..

Parliamentary Finance Committee denied on Monday its intention to launch a supplementary budget for the 2019 budget during the second legislative year, indicating that the current budget did not achieve any fiscal surplus as rumored.

A member of the Committee Ahmed Hama in a statement to the information that the current budget estimated the price of oil at about $ 56 per barrel, a suspected price for the current sale.

Hama added that " Iraq sells oil at about $ 54 per barrel after extracting the value of extraction and export wages and international oil companies, ie, a persistent deficit."

Hama pointed out that `` Parliamentary finance does not intend as is rumored to issue any supplementary budget for the 2019 budget during the second legislative year in order to ease the economic burden on the government to devote to the issuance of the next budget. '' Ended / 25 KD

https://www.almaalomah.com/2019/08/12/423158/

[yota691]

Efforts to include «Baghdad train» in the supplementary budget

 

Hanging train. "Internet"

money and business Economy News - Baghdad The local government of Baghdad is coordinating with the Ministry of Planning to include the suspended train project in the supplementary budget for this year. The head of the Strategic Planning Committee in the Baghdad Provincial Council, Nizar al-Sultan said in a statement quoted by the official newspaper "morning" and seen by "economy news", "The province received an offer from the coalition of international banks permanent, which includes the French companies (Alstrom) and (Hyundai) Korean Project to finance it to start implementation by them. " `` Accordingly, the governorate has made a formal request to the Ministry of Planning in order to obtain its approval to include the project in the supplementary budget for this year 2019, after which the Ministry of Finance will be formally directed to start the financial allocation once the project is approved, '' he added. "The suspended Baghdad train project was presented by the local government of Baghdad during the Kuwait Investment Conference last year, but no company came forward to finance it because of its high cost," he said. "This vital project is a successful solution to all transport problems in the capital." He pointed out that "the Council coordinates with the companies (Alstrom) and (Hyundai) in order to start signing the binding contract for implementation," pointing out that "the duration of the implementation of the project is five years from the date of conclusion of the contract, in exchange for bearing the competitive interest of the financial offer and after agreement with the Ministry "With the possibility of operating an investment project with a competitive area not exceeding 20 percent of the net profits of the project and as is done in most of the world when the implementation of large projects there." The Chairman of the Strategic Planning Committee said that "delaying its completion is a waste of money since it has cost the state so far, 42 million dollars for the preparation of detailed designs and consultancy studies by international companies and consultancy offices." "The process of implementing the project will come into effect early next year if the request for the province is approved," he said. Views: 38   Date Added: 19/08/2019