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yota691

Iraq will enter 2020 with a temporary budget

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Date of edit:: 11/11/2019 21:09 • 220 times read
Abdul-Mahdi chairs an expanded meeting to discuss the 2020 budget
Prime Minister Adel Abdul-Mahdi chaired an expanded meeting to discuss the 2020 budget and its updated version in light of the new concepts and foundations put forward in the government program, and add financial commitments required to implement all promises made by the government in response to the demands of the demonstrators, according to the Office Media for the Prime Minister.
In addition to important reforms in rationalizing spending and increase revenues and reduce the deficit and start the process of gradual shift towards balancing programs and performance.
The Committee continues to hold its meetings for this purpose in the presence of experts, ministries and stakeholders. is over
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2019/11/07 18:33
  • The number of readings 65
  • Section: Iraq
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Parliamentary Finance: The demonstrations caused the delay in sending the 2020 budget to the House of Representatives

Baghdad / Obelisk: The parliamentary Finance Committee, Thursday, November 7, 2019, that the escalation of protests and popular demonstrations caused the disruption of the government to send the draft federal budget law for 2020 to the House of Representatives for the purpose of discussion and vote.

Committee member Hanin Qaddo said in a statement followed by "obelisk", "The Council of Ministers has not sent the draft federal budget for 2020 to the House of Representatives so far, despite the determination of October 15 last date to receive the law," pointing out that "the inclusion of government recommendations related to Demands of demonstrators within the budget of 2020 caused the disruption of sending the law to the House of Representatives.

He added that "the Cabinet is currently considering the financial allocation of functional bicycles launched by the graduates and the distribution of plots and housing units for poor families," noting that "all financial decisions related to the demonstrators will include the budget for 2020 for the purpose of achieving them effectively."

Follow the obelisk

http://almasalah.com/ar/news/181794/المالية-النيابية-التظاهرات-تسببت-في-تأخر-إرسال-موازنة-عام-2020-الى-مجلس-النواب

  

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Iraqi Prime Minister: We are working on a budget to manage the economy scientifically

Iraqi Prime Minister: We are working on a budget to manage the economy scientifically
Meeting of the Iraqi government to discuss the 2020 budget
 07 Nov 2019 06:24 PM

Direct: The Iraqi Prime Minister, Adel Abdul Mahdi, stressed the importance of the public budget in the lives of citizens, the country and the economy.

Adel Abdul Mahdi, while chairing the expanded meeting of the Committee on the preparation of the fiscal budget for 2020, "It is not only figures and any imbalance in them leads to an imbalance in economic progress, health, education and others," according to a statement issued by the Prime Minister's Information Office.

The Prime Minister added that the government is working to find a budget capable of managing the economy in a scientific manner properly, increase non-oil resources, and begin serious reforms and adjustments necessary for all outstanding and thorny financial problems in a national and equitable spirit.

During the meeting, they reviewed the lagging projects that led to the loss of huge funds and job opportunities and produced wide unemployment, the stalled projects that were returned to work, and discussed many related economic, financial and investment issues.

The Prime Minister directed the need for monitoring and accounting for performance and implementation, and the continuation of the meetings of the Budget Committee to accelerate the completion and submission to the House of Representatives at the earliest.

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 2019/11/07 09:51:46
 

Prime Minister Adel Abdul-Mahdi acknowledged on Thursday the increase of the country's internal and external debt, counting this naturally, he announced the resumption of projects worth more than 9 billion dollars, providing more than 90 thousand jobs.

Abdul-Mahdi said in a speech during his chairmanship, the expanded meeting of the Committee on the preparation of the financial budget for the year 2020, that the Iraqi debt has increased, whether internal or external, this is normal, I mean countries and companies may increase their office.

"Public debts should be linked to development projects that produce development," he said, adding that we have 5,000 projects lagging behind and must be addressed.

"We have deficiencies in financing and executing public sector projects," Abdul Mahdi said.

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They Now have no choice but to acknowledge it. No more world-wide free Rides. Every bank has a limit to what they will do. The IMF, World Bank is no different. The pressure cooker is on High! Lol 

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On 11/8/2019 at 9:54 PM, yota691 said:

Iraqi Prime Minister: We are working on a budget to manage the economy scientifically

Iraqi Prime Minister: We are working on a budget to manage the economy scientifically
Meeting of the Iraqi government to discuss the 2020 budget
 07 Nov 2019 06:24 PM

Direct: The Iraqi Prime Minister, Adel Abdul Mahdi, stressed the importance of the public budget in the lives of citizens, the country and the economy.

Adel Abdul Mahdi, while chairing the expanded meeting of the Committee on the preparation of the fiscal budget for 2020, "It is not only figures and any imbalance in them leads to an imbalance in economic progress, health, education and others," according to a statement issued by the Prime Minister's Information Office.

The Prime Minister added that the government is working to find a budget capable of managing the economy in a scientific manner properly, increase non-oil resources, and begin serious reforms and adjustments necessary for all outstanding and thorny financial problems in a national and equitable spirit.

During the meeting, they reviewed the lagging projects that led to the loss of huge funds and job opportunities and produced wide unemployment, the stalled projects that were returned to work, and discussed many related economic, financial and investment issues.

The Prime Minister directed the need for monitoring and accounting for performance and implementation, and the continuation of the meetings of the Budget Committee to accelerate the completion and submission to the House of Representatives at the earliest.

Now I don’t want to make **** up but does anyone remember them referring to deleting zeros as being scientific? I do....search and I have do doubt you will find the articles!

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Deputy: All posts announced in the past weeks will be added to the 2020 budget

Political | 01:45 - 12/11/2019

 
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BAGHDAD - A
member of parliament for the parliamentary Finance Committee, said Tuesday that all jobs announced in the past weeks will be added to the budget for 2020.
Committee member, Hussein Arab, said that "all jobs announced in the past weeks will be added to the budget next year There will therefore be additional operating allocations. "
He added: "There will be a burden, but we hope it will not be large, especially as the government has in turn reduced the privileges of the three presidencies and parliament and special grades and the abolition of other privileges that cost the budget large sums."
On the expected budget deficit next year, a member of the Finance Committee said: "will not be less than 27 trillion dinars (23 billion dollars)."

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MP: Launching the grades of this huge amount will hit the budget with great weight and deficit

Political | 02:57 - 12/11/2019

 
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BAGHDAD - Mawazine News, a
member of parliament, Ahmed al-Kanani, on Tuesday, that the launch of the grades of such a huge amount will hit the budget with great weight and deficit.
Kanani said, "The launch of the grades of such a huge amount will hit the budget with great weight, and we will see a larger deficit."
He added that "the government had to work knowledgeable, and not resort to improvised decisions that cause a financial crisis in the future."
Last month, the government announced the return of some 108,000 people whose contracts were revoked to the Ministry of Defense. In a number of ministries

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Poverty in Iraq is expressive

32_4-768x432.jpg

 

Budget 2020: Iraq will resort to external borrowing

 

2019-11-13

Monitoring Iraq Solution

The budget # # Iraq for the current year drained the financial resources of the state, bringing the deficit to $ 23 billion, especially with a lot of waste and waste.

While the general budget is divided between 75 percent of the total $ 112 billion, they are spent on operational activities, which are mostly monthly salaries, compared with only about 25 percent allocated for investment and reconstruction.

According to the Iraqi government , the number of its employees is about 4 million, but it is estimated that the salaries are paid to between 7 and 8 million people, and the government pays pensions to about 3.7 million people annually.

The military spending bill has soared in the current year to record highs, including salaries for 128,500 insurgents from sectarian militias, according to a Sky News report.

As for poverty, it is also chasing about a quarter of Iraqis, more than 22 percent of the population, while unemployment is estimated at 23 percent, according to the Central Statistical Organization in Baghdad.

Between 2013 and the end of last year (2018), the country reportedly lost $ 36 billion, pushing Iraq to become among the “most corrupt” countries, according to Transparency International in its 2018 report.

The site "Sky News", the economist # Abdul_Rahman_Mashhadani , an analytical look at the Iraqi budget.

He stressed that corruption and the appointment of «who are not experienced # in important positions, one of the most important factors of vulnerability # permeate the economy of the country».

`` The planned budget deficit for 2019 was 27 trillion dinars, while it was supposed to see a surplus at the end of the year, due to high oil prices , but things did not work this way at all, as the surplus turned into a planned deficit, which in turn turned to Real deficit.

He added: «This is the result of a combination of factors, # # corruption is rampant in the state, although the government has worked to reduce it, in fact increased during the past years, and that the military expenditure in the budget was more than planned, in addition to economic decisions The ill-considered has been taken ».

Turning to the economist # # 2020 budget , saying that «it will be difficult for the government to be able to fill the expected deficit, and therefore it will resort to external borrowing, which increases the indebtedness of Iraq and the accumulated interest and obligations».

He continued: «The problem we have (in Iraq) is not related to resources, it is available to us, what is congratulated by the mismanagement and planning, which we will not overcome unless # # jobs and positions based on professionalism and efficiency».

Edit by Wissam al-Bazi

https://iraq.7al.net/2019/11/13/موازنة-2020-العراق-سيلجأ-للاقتراض-الخارج/

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On 11/8/2019 at 4:54 AM, yota691 said:

Iraqi Prime Minister: We are working on a budget to manage the economy scientifically

Iraqi Prime Minister: We are working on a budget to manage the economy scientifically
Meeting of the Iraqi government to discuss the 2020 budget
 07 Nov 2019 06:24 PM

Direct: The Iraqi Prime Minister, Adel Abdul Mahdi, stressed the importance of the public budget in the lives of citizens, the country and the economy.

Adel Abdul Mahdi, while chairing the expanded meeting of the Committee on the preparation of the fiscal budget for 2020, "It is not only figures and any imbalance in them leads to an imbalance in economic progress, health, education and others," according to a statement issued by the Prime Minister's Information Office.

The Prime Minister added that the government is working to find a budget capable of managing the economy in a scientific manner properly, increase non-oil resources, and begin serious reforms and adjustments necessary for all outstanding and thorny financial problems in a national and equitable spirit.

During the meeting, they reviewed the lagging projects that led to the loss of huge funds and job opportunities and produced wide unemployment, the stalled projects that were returned to work, and discussed many related economic, financial and investment issues.

The Prime Minister directed the need for monitoring and accounting for performance and implementation, and the continuation of the meetings of the Budget Committee to accelerate the completion and submission to the House of Representatives at the earliest.

 

Scientifically add an R and a V to your budget would be the best thing you could do.

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Al-Hadithi to INA: 2020 budget includes responding to the demands of the demonstrators

Thursday 14th November 2019

Al-Hadithi to INA: 2020 budget includes responding to the demands of the demonstrators

Baghdad –INA-Mohammed Talbi

The spokesman for the Information Office of Prime Minister Dr. Saad al-Hadithi said that the current draft budget for 2020 includes the addition of many paragraphs in response to the demands of the demonstrators.

Al-Hadithi told the Iraqi News Agency INA: It has been returned 45 thousand in the ministries of defense and interior, whose contracts were canceled in the ministries of interior and defense, stressing securing financial allocations to them, and there is no problem out of 154 thousand so far will be secured in the budget of the year Next.

He added that the government has an emergency reserve spent in the current budget two trillion dinars have been spent on the special grades of the graduate engineers, as well as grants to be given to three months for the unemployed estimated 300 thousand unemployed, adding that the unemployed will receive monthly grants for three months To qualify them in preparation for their entry into the market through support and assistance and facilities and loans and the opening of plots for the establishment of workshops and small and medium-sized industrial projects.

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Going by what this chap is saying ...... we gonna see many more suns crossing the skies if’n 2020 Budget rollout is the Governments answer. Very reminiscent of “ in the near future “ 

 

....allot can happen between now and “ in the near future “ - there’s still no guarantee they’ll make good. These crooks have no moral compass 🧭 

 

 

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Khaled al-Shammari …

This is a participation of our young Iraqi children to lay out the outlines of the economic program for the next phase to meet the legitimate demands and towards a better future for sustainable development in Iraq.

Due to the high unemployment of more than 30% ؜ especially for the youth category, Iraq has become a net importer of goods and services instead of a producer and exporter of goods and services because of its scientific and practical competences. Hundreds of billions of revenues received by Iraq from a total of more than $ 1 trillion would be wasted if properly invested.

 

Participation of an Iraqi group specializing in economic studies provides a vision for the future and can be adopted by the next Iraqi government, especially we are about to approve the 2020 budget, which begins with features published with a large deficit of up to sixty billion dollars. :
1. monitor 60% ؜ of the budget for 2020 investment spending only investment spending is determined according to a plan adopted by the planning experts Group is characterized by horizontal and vertical integration of projects by ml characterized by the country from the potential of Basra and its example and petrochemical products, intermediate and Gas, Winter Agriculture, Anbar Phosphate, Agriculture, Gas, Nineveh Sulfur, Summer Cultures, Archaeological and Religious Tourism, Missan Peninsula, Marshes, Mashta, Oil, Mercury and Livestock of Buffalo, Dairy and Papyrus
2- Reducing the budget allocations of the three presidencies only to 150 million dollars only and transferring all allocations to the 2020 budget for productive projects.
3 - Form a specialized committee with competence, integrity and belonging to Iraq, entrusted with the task of pursuing persons and funds that have been stolen and smuggled out of Iraq or within Iraq and to submit its studies within three months to the most important thefts and accountability of anyone who is questioned and disclosed and cooperation with the world, especially for dual nationality and claim States of nationality to the international role for the return of funds to Iraq
4. develop an annual plan start running half a million people during the first year of productive projects rather than with the burden of government jobs on the Iraqi budget rises to three million over five years , and unemployment to fall Global boundaries, not exceeding five percent and starting now and the 2020 budget by:
- to start building the factories of dairy and meat products, textile yarn, food and sugar factories
- the development of the agricultural plan for the production of ten million tons of grain by using a technique of modern water consumption
- Fish Resources Development
- Establishment of green and concentrated fodder projects that sufficient need for animal breeding projects
- a timetable for Human Development and the creation of Youth innovation Awards and patents
- the development of productive projects and the contribution of youth to encourage creativity and be the net profit for employees and have their proportion of the stock to create a sense of belonging, creativity and private ownership
5. allocation of the necessary funds for the plan Khum Seah dams and Okhozanat water, lakes, roads and bridges
6. cover the services of potable and sewage for all provinces and accessories water
7. modern investment law of one window to encourage the entry of foreign investment for self - sufficiency and export industries to create surpluses
8. housing plan stages of time and in accordance with the foundations of modern , with the participation of public sectors , local and foreign private
9. Application of governance for all state service facilities to fight corruption and to facilitate the provision of service to the citizen
10 - Allocate the necessary funds for education according to a comprehensive study to accommodate fifteen million students and within the standards of school construction with all the necessary services.
11- Develop a health insurance plan and create a common health sector that provides the best health services and be an attractive sector for Syria. Health and not vice versa as is the current health sector and the development of sophisticated formulas and the use of the latest applications in the world program for health insurance and social welfare

12. The review of the oil licenses including contracts offers the best return at the lowest cost
13. The regulation of financial and trade relations and economic with the Kurdistan region , including in the interest of one Iraq
14. Develop a comprehensive study of urban planning and prevent abuses and slums and the attack on the Real Estate State lands and parks , and others because they created a situation From the chaos and pollution of the environment and pressure on the services that construction of certain specifications have been exceeded so that the house became an area of six hundred meters more than four apartments and five times the number of residents and disappeared gardens and green areas and palm trees, olives and fruits that were part of To build and develop youth programs for the development of biology, cultivation and give incentives to those in charge of the youth awards and wages holidays and special times
15 - cover the needs of family consumption of electrical energy using power plants and solar and renewable energy and more than 50 thousand megabytes to meet the demands of family consumption growth and productive projects and service
16 - organize currency auction by the Central Bank and control currency and the reasons for external transfer because Iraq lost amounts in billions over the past decade from the sale of currency which is contrary to all instructions in international banks and foreign transfers
17. control private banks and raise the legal reserve ratio to 25% ؜ instead of reducing it to 10%, increasing the risk to depositors and the Iraqi economy
18. a Commitment to the peace and adjust the salary rate and cancel the allocations and adjust allocations only in narrower borders and the practice of labor legislation so as to reduce current spending and turn it into productive projects and youth employment and reducing unemployment
19. Developing a five-year, ten-year and long-term plan that defines what Iraq needs for all industrial, agricultural, tourism and services sectors by governorates and the quality of integrated projects to build sustainable development and maintain high employment rates.
20- Develop human development programs and the role of Iraqi women in their active contribution, increase their participation, reduce unemployment and raise the employment rate.
21. Activating the real role of public control by organizations and institutions to prevent the executive authority from exceeding any measures that do not serve the growth and prosperity of Iraqi society.
22. Adopt a general budget at conservative oil prices, such as the 2020 budget. The indicative price should not be $ 53, but $ 40. The total current expenditures combine less than fifty percent and the remainder for real investment. An investment budget shall be attached to any additional revenues entering Iraq, aiming at employing the productive youth labor force so that the youth feel. Iraqi that income earned is in the interest
23. financing projects productive contribution to the proportion of shares subscribed to the participants in the process of graduates with specializations according to the type of projects and contribute to the state in the capital or low - interest loans or without at the beginning of War Raid advice and service
24. establishment of an independent department for research, inventions and intellectual property rights and privileges granted to encourage young people to develop creative Iraqi productive and service sectors , social networking and information technology
25- Cooperation with the world countries to monitor foreign exchange, currency exchange rate, smuggling and money laundering
26. Activating the role of specialized agricultural, industrial and real estate banks and appointing an efficient and impartial administration that has real affiliation to the homeland to contribute to development and solve housing and agricultural and industrial financing problems according to specialized feasibility studies to prevent any waste or corruption , as happened from the waste of hundreds of millions of dollars in agriculture alone , the Bank
32. the role of the public sector to be involved and supportive of the private sector and not the burden on the productive activity and to pay the salaries and wages of production is weak, so it should be abolished some of the public sector institutions , such as the Agricultural and other equipment because it carries farms significant additional costs in addition to large corruption contracts
27. The establishment of a specialized Department to demand compensation for Iraq due to the occupation and the Gulf War First , both at the level of government from the destruction of infrastructure and productive and other institutions or personal claims and recourse to international courts
28. cancel any allocations for provincial councils and that the work is volunteer to serve the public good , as in most countries of the world
29 - he is not receiving any position of the sovereign only after the submission of financial disclosure and CV
30. revitalize and re - production projects that were destroyed after 2003 according to modern and demanding the occupying powers to contribute and operation of a modern rerun technology and even absorb the surplus Finalize developmental formulas C local and export purposes

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1 hour ago, yota691 said:

16 - organize currency auction by the Central Bank and control currency and the reasons for external transfer because Iraq lost amounts in billions over the past decade from the sale of currency which is contrary to all instructions in international banks and foreign transfers

 

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#16 is good, and so is #25:

2 hours ago, yota691 said:

25- Cooperation with the world countries to monitor foreign exchange, currency exchange rate, smuggling and money laundering

 

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Source:
 
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Iraqi government spokesman Saad al-Hadithi said on Tuesday the reason for the delay in sending the budget law to the parliament, noting that the law will include a paragraph to reduce salaries and cancel the privileges of senior officials.

Al-Hadithi said in an interview with Alsumaria News, "The Council of Ministers is about to complete the preparation of the draft federal budget for 2020," noting that "the Council will send the law to parliament soon."
 
He added that "the reason for the delay in sending the law from the Council of Ministers to the Council of Representatives is that the Council of Ministers wanted to ensure the financial allocations necessary to provide adequate financial cover in the application of all reform decisions and decisions issued by the Council of Ministers and directives issued by the Prime Minister on economic reforms and living and service and response To the demands of the demonstrators, "noting that" it entails financial allocations. "
 
He added that "the law will also include a special paragraph to reduce salaries and cancel the privileges of senior officials (the three presidencies, members of the House of Representatives, ministers, special grades)."

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Parliamentary Finance: Abdul Mahdi oil agreement with the region “rejected”

Parliamentary Finance: Abdul Mahdi oil agreement with the region “rejected”
Last updated: 18 November 2019 - 1:35 pm

 BAGHDAD / Network News Iraq - between a member of the parliamentary Finance Committee, Hanin al-Qadu, Monday, that the parliament will determine the proportion of the Kurdistan region in the budget 2020, pointing out that Prime Minister Adel Abdul-Mahdi's oil agreements with Kurdistan is unacceptable as it must achieve justice and equality between all components He said in a press statement, that "political agreements can not be higher than the Constitution, as it must be justice between all components, especially with regard to the distribution of the budget to the provinces." He added that "Kurdistan must commit to deliver the imports of all oil exported through its territory, And not the revenue of 250 thousand barrels that Consistent Adel Prime Minister Abdul-Mahdi with the region on them. "And that" the budget of 2020 should be the set conditions to satisfy the people's response to its requirements, "pointing out that" the parliament is to decide obligations to the Kurdistan region and the percentage to be allocated to them in the budget. "

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Al-Hanein: The 2020 budget bill will be sent to parliament next week

Al-Hanein: The 2020 budget bill will be sent to parliament next week
Last updated: 18 November 2019 - 10:40 am

 BAGHDAD / Network News Iraq - Economic Adviser to Prime Minister Abdul Hussein al-Hanin, to send the 2020 budget to the House of Representatives within a week, indicating that the discussions are still under way and amendments by the Committee of Experts. It is hoped that the draft budget law will be sent to the House of Representatives within a week to 10 days for the purpose of reading and voting on it. Before the year 2020 M launched at the beginning of the new year to avoid the mistakes of previous years.

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{Imminent amendment} lengthens the ministries of services .. And the budget 2020 soon in parliament

Tuesday 19 November 2019 90

{Imminent amendment} lengthens the ministries of services .. And the budget 2020 soon in parliament

Baghdad / morning
 
Prime Minister Adel Abdul Mahdi is about to send the reshuffle to the parliament, which will include service ministries according to criteria for the first time in the country away from the gate of nomination and party quotas.
The new list, according to a spokesman for the Information Office of the Prime Minister's Office, the names of independent personalities chosen according to the convictions of the Prime Minister, who hopes to be approved by the House of Representatives, in order to carry out reforms and meet the demands of the demonstrators.
This comes at a time when the Council of Ministers is approaching the completion of the preparation of the draft federal budget law for 2020, which will include a special section to reduce salaries and cancel privileges of senior officials.
Saad al-Hadithi, a spokesman for the Prime Minister's Office, told Al-Sabah: "The mass movement calling for reform helped the cooperation of the three authorities - unprecedentedly - in the adoption of important laws such as retirement, elections, the Federal Service Council and others within a few weeks contrary to what was going on previously. The pressure of the public will have contributed to the promotion of a new vision in dealing with the three authorities, and their recognition that it has reached a crossroads should lead to stability and growth in the Iraqi political construction.
He revealed the imminent announcement of Prime Minister Adel Abdul-Mahdi on the upcoming cabinet reshuffle, noting that "the ministries covered are related to the service and living aspects of citizens directly, and that the criteria in the amendment will be conducted for the first time in the country away from the gate of political nomination and partisan quotas, but will be conducted according to the convictions of the Prime Minister. And its choices, in which independent and competent personalities are appointed and selected. " 
The spokesman for the Prime Minister's Office denied all the news circulated by local news agencies and satellite channels recently about the number of ministries that will be amended or the names of candidates for the consultation, noting that "the Prime Minister will soon send to the House of Representatives a list of ministerial reshuffle in which he seeks to meet the demands of citizens and demonstrators" .
On the 2020 budget, he explained that "the Council of Ministers is about to finalize the preparation," noting that "the Council will send the budget law to parliament soon." 
He added that "the reason for the delay in sending the law from the Council of Ministers to the Council of Representatives is that the Council of Ministers wanted to ensure the necessary financial allocations to provide adequate financial cover in the implementation of all reform decisions and decisions issued by the Council of Ministers and directives issued by the Prime Minister on economic reforms and living and service and response To the demands of the demonstrators, "adding that" this entails financial allocations. " 
He added that "the law will also include a special paragraph to reduce salaries and cancel the privileges of senior officials (the three presidencies, members of the House of Representatives, ministers, special grades)."
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Our US Treasury, through President Trump, is going to end up sactioning each and every known offender in the GOI and CBI IMHO.  Iraq needs a disruptor CEO, who, by the way, has had a real job all his life, and can build a business, which Iraq, and America for that matter, is.

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1 minute ago, southbeach said:

Our US Treasury, through President Trump, is going to end up sactioning each and every known offender in the GOI and CBI IMHO.  Iraq needs a disruptor CEO, who, by the way, has had a real job all his life, and can build a business, which Iraq, and America for that matter, is.

Do it now - time is right.

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Source:
 
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Al-Fateh MP Mohammed Karim al-Baldawi stressed on Friday the importance of changing the nature of the coming budget and be towards the development of the country's resources and not as classic as its predecessors.

Al-Baldawi said in an interview with Alsumaria News, "The government today, working to complete the requirements of the next budget," noting that "the budget was delayed for several reasons, including the state of confusion that occurred as a result of the demonstrations and the government's preoccupation with the process of reforms."
 


He added: "We and through channels of communication with the government we follow the process of completing the budget and include reforms that have been voted in the House of Representatives in addition to other reforms that will be completed."

He pointed out that "efforts are focused to be the next budget in which it is possible to increase investment imports, and not be a classic budget like its predecessors, but turned into goals and programs through which to improve performance and move a step towards the budget legislation with goals and plans in the interest of the people."



Al-Baldawi explained that "among the points that have been previously diagnosed and we are working to remedy the next budget, is the importance of a gesture and a breakthrough towards changing the nature of the budget and be towards the development of the country's resources and realistic and not just numbers."

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Iraqi MP: The economy is threatened with collapse if no quick solutions

 

8 hours ago

Iraqi MP: The economy is threatened with collapse if no quick solutions

 
BAGHDAD - The head of the Finance Committee in the Iraqi parliament, Haitham al-Jubouri said that «Iraq is going through a very serious crisis this year, that the year 2021 will be the Iraqi economy is threatened with collapse if no quick fixes» and
told «Arab Jerusalem», «there Steps we have put in place to prevent the collapse and we will do our duty in the House of Representatives, especially the Finance Committee as it is the committee concerned, and we have a committee to study non-oil revenues and we began to think of real steps opened by the government ».
He pointed out that the government is continuing with them during this period to address the existing budget deficit, adding that they are moving with scientific and practical steps that simulate reality and if applied to what they plan will have a high success rate.
According to him, he «submitted a proposal to the Prime Minister containing 16 proposals to maximize non-oil revenues, pointing out that« the application of these proposals will bring revenues of up to 63 trillion additional dinars to the state treasury »..
He stated that« the number of employees in the Iraqi state exceeds three million Two hundred thousand employees and the number of retirees three million and two hundred and fifty thousand retirees ».
He added that «the number of employees is large costs the state 52 trillion dinars in addition to the salaries of pensioners where their salaries reach 22 trillion, which means that the salaries of employees and pensioners cost the state 74 trillion dinars, pointing out that securing this amount is very difficult and they are going through a risk situation.
He added that «there is a new salary scale for state employees will be written, but we are in the Finance Committee with the government to be the salary with the determinants that we will put in parliament».
He pointed out that they «met in the Finance Committee to examine the foundations and frameworks that oblige the government in the development of a fair salary scale includes all state employees and set the upper limit and minimum salary scale to reduce social differences between state employees».
He added that «next year's budget will be available more than 200 thousand degrees of employment and will be appointed from 30 thousand to 35 thousand in the Ministry of Health».
On the cancellation of the budgets of the three presidencies, he said that «the total of those budgets is less than 3 per thousand of the state budget and canceled due to a legal dimension and not a physical dimension».

 

 

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