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Parliamentary Finance: The 2020 budget includes the exchange of the last payment of Kuwait's debts


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Finance Committee reveals to the "Covenant News" on the date of sending the 2020 budget to parliament

09/09/2019 01:46 AM | Number Of Hits: 769
Finance Committee reveals to the "Covenant News" on the date of sending the 2020 budget to parliament

Ahd News - Baghdad

The Finance Committee in the House of Representatives, on Monday, the date of sending the 2020 budget to parliament, expected to be November this year as a date to send from the government to the House of Representatives.

Committee member Mahasin Hamdoun told Al-Ahd News that discussions are still extensive between representatives of the House of Representatives and the Ministry of Finance to come up with an appropriate formula for the budget next year.

She stressed that those discussions will continue until November next to send from the government to the House of Representatives to discuss, read and vote on them. is over/ 6

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  • yota691 changed the title to Parliamentary finance reveals a change in salaries in the 2020 budget
Date of edit:: 2019/9/8 15:53 • 8444 times read
Parliamentary finance reveals a change in salaries in the 2020 budget
A member of the parliamentary finance committee revealed that the federal budget for 2020 includes new appointments and addition in the amounts of salaries.
"There is a new addition to the amounts of salaries and the 2020 budget will include new appointments, but so far the budget has not been drafted in figures," MP Haneen Qaddo said in a press statement.
He added, "There are a lot of proposals and proposals from the ministries such as the ministries of planning and finance, will be transferred to the government and the Council of Ministers and the Shura Council and the budget will be sent to the House of Representatives in October."
"The issue of absorbing tens of thousands of graduates into government jobs is irrational because the government does not have these capabilities to employ everyone," said Kaddo.
He called for "encouraging the private sector and the consolidation of these capabilities through the establishment of large strategic projects and activation of investment and legislation of the social security law, which allows those working in the private sector to receive pensions like those working in the government sector."
Kaddou pointed out that "these are important points to address this issue, either relying on appointments in the government sector, the government can not contain all the graduates, which amounted to nearly 40 thousand graduates and there are accumulations of previous years for this must be the new mechanisms are considered by the government in order to absorb this Segment. "
"We are now looking for mechanisms to support the private sector and investment.
The parliamentary Finance Committee revealed earlier today that the federal budget deficit for 2020 reached - according to the prototype - to 72 trillion dinars "usually it" by the disastrous order.
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2019/09/08 22:02
  • The number of readings 116
  • Section: Iraq
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Deputy: negative indicators that accompanied the 2019 budget will not be passed and repeated in the law 2020

Baghdad / Obelisk: The deputy for the stream of reform and reconstruction, Jassim Mohan, Sunday, September 8, 2019, the fact that the Kurdistan region received guarantees from Baghdad on its share in the budget 2020.

"The issue of providing guarantees to the Kurdistan Region regarding its share in the 2020 budget is premature," Mohan said in an interview with Al-Masala. (58) of the budget law, which provides that the region is obliged to give Baghdad 250 thousand oil per day, in exchange for giving the federal government a share of the region within the state budget, to pay the salaries of the Peshmerga, employees and other requirements.

He explained that "the Kurdistan region did not abide by the budget law, until the time, and this thing caused a sharp dispute between Baghdad and Erbil."

He added that "talk about the existence of guarantees, is not true, there is a law under study and drafting, and there are agreements and alliances, is the key factor in the process of launching funds or not," stressing that "the negative indicators that accompanied the 2019 budget, will not be passed and repeated in the 2020 budget law." .

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Parliamentary Finance: Budget 2020 will be crucial with Kurdistan

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http://www.ikhnews.com/index.php?page=article&id=198531

 
11-09-2019 09:00 AM
 
Baghdad / News
A member of the Parliamentary Finance Committee, Abdul Hadi Saadawi, that the general budget for the next year 2020 will be critical with the Kurdistan region?
He said Abdul Hadi Saadawi, in an interview with the "news" that "the current government of Kurdistan is no different from the previous, and will repeat the twisting and rotation with the central government, and trying to pass the 2019 budget in a roundabout."
Saadawi said, "The 2020 budget will be radically different from the 2019 budget and will be the border with the region, and will not be given to the region any amounts if it does not commit to deliver the federal government shares of oil, and this is the will of members of the House of Representatives."
He continued, "The southern regions of the country is always the sacrificing loser, and we hope that all provinces will be equal in rights and duties," pointing out that "the direction of separation of the region will be better because of the losses it causes to the productive provinces."
He stressed that "the current Minister of Finance, Fouad Hussein, represents the government of the region and not the federal government, has manipulated Article (C) of the budget of 2019."
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Kaabi: The 2020 budget will see the financing of projects related to education and job creation

Local 10:37 - 11/09/2019

 

https://www.mawazin.net/Details.aspx?jimare=64487

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BAGHDAD - Mawazine News

Hassan Karim al-Kaabi, First Deputy Speaker of the House of Representatives, on Wednesday, the House of Representatives keen to approve a package of legislation in the coming period, pointing out that the budget 2020 will see funding projects related to education and job creation.
"This came during his speech at the meeting organized and attended by the President and members of the UNFPA Office in Iraq, in preparation for the Nairobi Conference on Population and Development, which will be held in Kenya in November this year, in the presence of MP Abdul Bari Majeed," his office said in a statement. The head of the presidential advisers, Dr. Ali Shukri, and a number of advisers and representatives of the Ministry of Planning, Finance and Health.
"The country suffers from a number of challenges and needs accurate data and statistics for each of them and the development of quick remedies for them through concerted efforts and unification of policies and legislative and executive plans, as well as to strengthen international partnership and benefit from existing experiences," he said.
The First Vice-President of the Council, that "Iraq seeks to mature visions and develop a road map and national policies to achieve the desired goals that reflect the role and status of the country," stressing that "the 2020 budget will see the financing of many projects related to education and employment and stimulate the private sector and the development of comprehensive health policies." .

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2019/09/12 12:13
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  • Section: Iraq
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The most important fight against corruption .. Parliamentary Finance puts 6 points to overcome the budget deficit

Baghdad / Obelisk: The parliamentary Finance Committee, on Thursday, September 12, 2019, six proposals before the Budget Committee of the Ministry of Finance to overcome the fiscal deficit in the 2020 budget.

A member of the Finance Committee Jamal Cougar said in a statement followed by obelisk, that "the Finance Committee discussed several matters with the competent authorities in the government and communicated with the Prime Minister and the Minister of Finance and Oil and the Governor of the Central Bank, to make some adjustments to reduce the budget deficit in 2020 and search for ways to increase state resources."

He pointed out that "the Committee put forward six proposals to reduce the budget deficit in 2020, including the creation of alternative revenues for oil," pointing out that "oil feeds the budget at a rate of 95% and this is not true and must be found alternative income, because oil prices are unstable and volatile and dependence on "We are in a big economic crisis."

He explained that "the second point is to correct the course of the public sector and privatize it in the sense of privatization, for example the Ministry of Electricity, despite the explosive budgets and large cadres, but it did not accomplish electricity for the citizen and why not put to privatization with the same employees and transfer them to the private sector."

"The need to fight corruption in a real way because there are tens of thousands of space in the Iraqi state, military and others," he said.

He added that "the fourth point that raised the smart card to all employees to determine salaries because there are some receive more than a salary," noting "was discussed the need to control the auction process," pointing out that "the sixth point focused on the domestic product and the prevention of foreign products," "These points need strong will and practical programs," he said. 

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  • yota691 changed the title to The House of Representatives agrees with a German organization to hold sessions to prepare the budget and fight corruption

The House of Representatives agrees with a German organization to hold sessions to prepare the budget and fight corruption

Political | 03:34 - 12/09/2019

 
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BAGHDAD -
The first deputy speaker of the House of Representatives Hassan al-Kaabi, on Thursday, with the German organization Friedrich Ebert to hold special sessions to prepare the budget and fight corruption and activate the regulatory and legislative side of the Council.
"The latter received a delegation from the German Friedrich Ebert Organization and discussed with him the development of parliamentary capabilities and cooperation in related fields," said a statement from the Kaabi office received by Mawazine News.
He stressed the importance of cooperation with international organizations in the development of programs, visions and policies that would enhance the democratic experience in Iraq and activate the laws of transitional justice.
He pointed out that "the Iraqi climate is now very appropriate for the work of all international organizations active and a partnership with them in most areas, especially with regard to strengthening expertise in the field of professionalization of drafting legislation and activate the work of constitutional institutions of control," stressing "the need to activate the memorandum of understanding concluded during the session The previous parliamentary. "Ended 29 / h

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Information / special ..

Parliamentary Finance Committee, on Friday, the Ministry of Finance responsible for the failure of the federal budget to the House of Representatives on time, pointing out that the law provides for the arrival of the budget to the House of Representatives on the first of September.

Committee member Abdul Hadi Mohan said in a statement to the information, that "the financial management law approved by the parliament provides for the submission of the budget by the government to the House of Representatives on September 1, but it did not happen and it is hoped that it will be delivered to the House in Next October. ”

He added that "the budget must be delivered at the beginning of September in order to be discussed in parliament and make amendments to it and then hold a vote before the beginning of the new year."

He explained that "the licenses within the Ministry of Finance in addition to its commitment to the implementation of the Financial Management Law, which must enter into force in 2020 prevented the budget from reaching parliament on September 1." Finished 25 N

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  • yota691 changed the title to Converting 2020 budget from {line items} to {programs and performance}

Converting 2020 budget from {line items} to {programs and performance}

 
Baghdad / morning 
 
The House of Representatives announced "officially", the conversion of the 2020 budget from the budget of the items to the budget of programs and performance, and while continuing the parliamentary and political debate over the share of the region of the federal budget; Baghdad awaits the visit of a Kurdish delegation this week to resolve important issues related to the budget and others.
A statement issued by the Information Department of the House of Representatives on Thursday received by the morning, that the Committee to monitor the implementation of the government program and strategic planning, headed by MP Raed Fahmy and the presence of its members, hosted the delegation of advanced owners in the ministries of finance and planning headed by Deputy Minister of Finance and Planning Dr. Maher Hammad.
The meeting, which was held at the committee's headquarters, discussed the latest preparations and procedures for the ministries of finance and planning on the 2020 budget, which shifted from the budget of items to the budget of programs and performance. Housing and large development projects such as Fao port, rehabilitation and maintenance of main roads, in addition to supporting the agriculture and industry sectors.
The Strategic Planning Committee expressed its full support for the ministries of finance and planning in the face of the budget deficit by maximizing non-oil revenues, controlling border outlets and reducing unnecessary spending.
For his part, discussed the Minister of Planning Nuri Sabah al-Dulaimi, with the President of the Kurdistan region, Nechirvan Barzani, the preparation of the draft budget law for the coming year.
A statement of his media office received "morning", that "the Minister of Planning met in the province of Erbil, President of the Kurdistan region, Nechirvan Barzani," noting that "the meeting discussed the most important files of joint cooperation, and unify efforts to successfully implement the General Census of Population and Housing 2020."
He added, "The meeting discussed providing an attractive environment for investment in the region and all governorates, and ways to promote efforts to restore stability and recovery in the liberated areas," pointing out that "the two sides also discussed the preparation of the draft budget law for the coming year," the Minister of Planning, according to the statement to The Federal Government is keen to promote dialogue with the Territory in the interests of common national interests.
In addition, the parliamentary and political debate between the various parties on the share of the region in the budget and financial dues between Baghdad and Erbil.
A member of the Kurdistan Democratic Party, Ali al-Faili, that the visit of the delegation of the Kurdistan Regional Government to Baghdad is "a continuation of previous visits," while accusing unnamed parties of trying to exploit the rapprochement between Baghdad and Erbil to hit the government of Adel Abdul Mahdi "Kurdish arrow," as he put it.
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Baghdad, Erbil trade barbs ahead of budget talks

http://www.nrttv.com/En/News.aspx?id=15131&MapID=2

14920192103713920192043767275146_2270592
Undated photo of Erbil city (NRT Digital Media)

5 Hours ago

 

SULAIMANI — Officials in Baghdad and Erbil have traded accusations of unsettled debts in recent days, as budget talks are set to begin in earnest in the coming weeks.

Earlier in the week, Spokesperson for the Kurdistan Regional Government (KRG) Jutyar Adil alleged that the federal government was not transferring funds to pay for public sector employees, although he did not immediately provide evidence to support his claim.

On Friday (September 13), Abdul Hadi al-Saadawi, who sits on Council of Representatives’ Finance Committee, shot back that it was the Kurdistan Region that owes the federal government money, since it has not been sending oil to Baghdad for export.

Adil’s claims “no basis at all,” he said.

Al-Saadawi argued that an expected budget shortfall could have been mitigated if the KRG had complied with the terms of the 2019 Federal Budget Law. He also said that Baghdad was missing out on customs income collected at the border crossing points in the Kurdistan Region.

On Saturday, the Council of Representatives began its autumn legislative session, which is expected to largely focus on budget issues.

Under the terms of the 2019 Federal Budget Law, Baghdad was supposed to send 12.67 percent of the total budget to the Erbil, in return for 250,000 barrels of crude oil per day. When oil transfers failed to take place, the federal government cut payments down to only what it was required to send by law, specifically salary payments for public sector employees in the Region.

Frustration has been building on both sides with each accusing the other of failing to live up to the agreement.

Nevertheless, in public statements, leaders in the two capitals have praised their ostensibly better relations and sounded optimistic notes that the issue can be solved. A senior-level joint committee has been tasked with working out a solution.

(NRT Digital Media)

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Release date:: 9/15/15 8:28  1671 read times
Parliamentary proposals to reduce the 2020 deficit include salaries
BAGHDAD: The parliamentary finance committee submitted proposals to the government on reducing the expected deficit in the federal budget of 2020, which may reach 72 trillion dinars, most notably activating the Council of the province of corruption and localization of salaries, in addition to the structure of some ministries.
"The committee put forward several proposals to reduce the expected deficit in the budget, which may reach 72 trillion dinars," said committee member Jamal Cougar in a press statement.
"The proposals demanded by the government committee to activate the Anti - Corruption Council and the localization of the employees ' salaries in banks even reveals the number of multi - salary, in addition to the transfer of public property to the private sector , such as the Ministry of Education and electricity."
"The committee also proposed changing the structure of the ministries and transforming them from consuming ministries to productive, an experience adopted by major countries, while working on multiple sources of income and activate agriculture, industry, tourism, taxes and collection."
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Parliamentary Finance: A strategic plan to maximize budgetary resources

 
Baghdad / Shaima Rashid 
 
 
Parliamentary Finance Committee confirmed that the government is not late on the preparation of the 2020 budget, noting that there are ongoing discussions between the government and ministries to discuss the budget of each ministry and the amounts needed and that there is a strategic plan to maximize the budget resources, pointing out that it supports the proposal of the Council of Ministers to include the next budget An employee has to retire unconditionally with a 15-year-old service, which is usually a good thing and contributes to relieving pressure on spending, while the Parliamentary Economy and Investment Committee has indicated the state's ability to diversify revenue sources without relying solely on oil as a single budgetary resource.
A member of the parliamentary Finance Committee Ikhlas Dulaimi in a press statement: "The government holds regular meetings with the ministries to discuss the budget of each ministry and know their needs and included in the general budget 2020, and there is a strategic plan to maximize budget revenues."
Dulaimi, that "the preparation of the budget needs time, but the government today is not late in that, especially since there is enough time to discuss it in parliament, is likely to reach the House of Representatives in mid-October next by the Ministry of Finance."
She pointed out, "The ministries send their views on the budget from time to time, in addition to the proposals of advisers, to follow the amendments of parliament and additions that he wants to make in the budget." In addition, the committee member Adnan Zarfi in an interview with "morning", that "the proposal of the Council of Ministers Including in the 2020 budget a clause stipulating that the employee should be retired without the age requirement and serve 15 years, is a good thing and will ease the pressure on spending, provided that the government knows what measures the government will take in this regard, which help to achieve justice among employees in terms of retirement. Retirement Fund, "indicating that" retirement is optional and not "If this proposal is included in the budget for next year, the committee will study it financially, administratively and legally, and see if it is consistent with pension laws because there are employees who have 30-year service and have a pension benefit."
"For employees who have less service, will there be equal benefits or not?" He asked. "All these things will be examined in the budget, and then knowledge of their remedies," he said. However, spending should not be transferred to the pension fund because it is governed by specific payment mechanisms and laws that are different from budget and other laws. ”The Ministry of Finance is working to include the federal budget bill for fiscal year 2020, ensuring For permanent staff with the approval of their non-physician departments University professors have to retire on condition that they have a real employment service (15 years and above) without limiting their age to 50 years, and permitting permanent staff to turn to contract employees under the age of 55 years. "
Al-Tamimi added, `` Border outlets, for example, scattered across the four sides of Iraq, are another resource that the state can benefit from by supporting revenues and reducing the deficit, which has become a major problem when discussing and approving the state budget, in addition to tourist sites, especially after the restoration of security and the desire of the world to visit Iraq, the cradle of human civilization. ''
He stressed the need, "the government and its concerned agencies to operate the stalled factories or offer to internal and external investment, while ensuring the return of any factory or plant invested after years and in agreement with the concerned authority."
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The decision of the Parliamentary Finance Committee, on Monday, efforts to change the structure of the next budget and convert it from the budget of "traditional" items to the budget of programs and performance.

MP Ahmed al-Saffar said in an interview with Alsumaria News, "The draft budget is still with the government and there is a government committee since last May to complete the budget," noting that "for the first time, the committee in charge of preparing the budget included representatives of the House of Representatives from the parliamentary Finance Committee in Integrative process between the legislative and executive branches.
 
Al-Saffar added that "there is cooperation and coordination in order to achieve the highest benefit from the budget," pointing out that "what is said about the existence of a budget deficit exceeding 70 trillion dinars is not proven officially and may be exaggerated."

He pointed out that "the parliamentary finance committee will have a great task in the legislation of the budget next year," stressing, "We are in the direction of changing the structure of the budget and convert it from the budget of the traditional classical items to the budget of programs and performance."
Al-Saffar stressed that "there is an emphasis on the investment side and the good utilization of resources and public finances optimally, which are all important steps, although we believe that the sudden transition in this way is not entirely possible," adding that "a gradual start is the best option, which we have already started with a budget Health and education sectors down to the application successively on the remaining sectors. "
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 Reconstruction and building


Economy News _ Baghdad

Iraq needs 88 billion dollars to rebuild the liberated areas, Finance Minister Fuad Mohammed Hussein said Monday.

"Iraq is fighting a few years ago the battle of survival and presence against a brutal and ruthless enemy, represented by the ISIS terrorist who occupied nearly one third of Iraq," Hussein said at the Iraqi Energy Conference in Baghdad. The total reconstruction needs are estimated at 88 billion dollars. "
 
"Terrorism has led to the displacement of millions of people to stay in the camps and according to available statistics estimated more than a million and a half displaced and thousands are still missing, in addition to those who lost their lives or emerged from this difficult period with disabilities and disabilities."
 
In another context, Hussein pointed out that "we started to reform bureaucratic systems and took measures to modernize the systems and then gradually move from obsolete paper operating mechanisms to the system of electronic governance," noting that "the budget for next year 2020 was prepared through the adoption of project budgets and performance instead of The old traditional method of preparing budgets after the involvement of representatives and international experts and the Iraqi parliament and for the first time local governments and the Kurdistan region.


Views: 21   Date Added: 16/09/2019

 
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Deputy: There will be real control over the 2020 budget

Political | 02:38 - 16/09/2019

 
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BAGHDAD - Mawazine News
MP Yusuf al-Kalabi, said Monday, that there will be real control over the budget of 2020.
Al-Kalabi said, in an interview with the newspaper "New Arab", that "there is inequality between the provinces of the entire Iraqi people, the region is a management according to The constitution and not an advantage granted to him at the expense of other provinces, "indicating" there will be real control over the budget of 2020 in order to come up with a fair budget that gives the entire Iraqi people justice and equality. "
He pointed out, that "the three provinces of the province, the proportion of the population over Mosul by 250%, and according to the census must be distributed wealth according to the proportion of the population."
Al-Kalabi held a press conference yesterday, in response to a spokesman for the regional government in which he said that "
He added: "The region has also controlled the revenues of border outlets estimated by the ports authority between 8 and 10 trillion dinars annually, except for taxes and fees," noting that "the region refrains from auditing accounts, which prompted the Office of Financial Supervision to file a lawsuit against him."

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Parliamentary: We will deduct from the budget 2020 funds illegally acquired by the region

Political | 02:50 - 16/09/2019

 
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BAGHDAD - Mawazine News
MP from the current wisdom opposition Hassan Fadd, on Monday, that will be deducted from the budget of 2020 all the funds illegally acquired by the region.
He said support: "We will take our role in parliament, and we will deduct from the budget of 2020 all the funds illegally acquired by the region."
He added: "will be taking legal action against the region, and will distribute the wealth of Iraq to the Iraqi people in a fair."
A Kurdish delegation is scheduled to visit on Tuesday for talks with the Baghdad government on oil and disputed areas.

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Minister of Finance: The budget of 2020 «adopt projects» and we need $ 88 billion for reconstruction

 
Baghdad / morning 
Finance Minister Fouad Mohamed Hussein said on Monday that the budget for next year was prepared by adopting projects and performance budgets instead of the old traditional method, while he estimated the cost of rebuilding the liberated areas at 88 billion dollars.
In conjunction with this, the parliamentary Finance Committee revealed the existence of cooperation between the government and parliament in order to achieve the highest benefit from the budget.
The Minister of Finance during the Iraqi Energy Conference held in Baghdad: "Iraq is fighting a few years ago in the battle for survival and existence, and that terrorism caused the destruction of many cities and infrastructure has become rubble useless and estimated total reconstruction needs of $ 88 billion."
"Terrorism has led to the displacement of millions of people to stay in the camps and according to available statistics estimated more than one and a half million displaced and thousands are still missing, in addition to those who lost their lives or emerged from this difficult period with disabilities and disabilities."
"We started to reform bureaucratic systems and took measures to modernize the systems and then gradually move from the obsolete paper-based operating mechanisms to the e-governance system," Hussein said. Budgets after the involvement of representatives and international experts and the Iraqi parliament and for the first time local governments and the Kurdistan region.
For his part, the Rapporteur of the Parliamentary Finance Committee MP Ahmed al-Saffar said in a press statement that "the draft budget is still with the government and there is a government committee since last May to complete the budget," noting that "for the first time, the committee charged with preparing the budget included representatives of the House of Representatives Parliamentary Finance Committee in an integrated process between the legislative and executive authorities.
Al-Saffar added, "There is cooperation and coordination in order to achieve the highest benefit from the budget," pointing out that "what is said about the existence of a budget deficit exceeding seventy trillion dinars is not proved officially and may be exaggerated."
He pointed out that "the Parliamentary Finance Committee will be facing a great task in the legislation of the budget next year," stressing, "We are in the direction of changing the structure of the budget and convert it from the budget of traditional classical items to the budget of programs and performance." There is an emphasis on the investment side and good exploitation Resources and public finances are optimal, all of which are important steps, although we believe that a sudden transition in this way is not entirely possible, '' he explained that 'starting gradually is the best option, which we have already started by balancing the health and education sectors to the application in turn to the remaining sectors.'
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1 hour ago, yota691 said:

Minister of Finance: The budget of 2020 «adopt projects» and we need $ 88 billion for reconstruction

 
Baghdad / morning 
Finance Minister Fouad Mohamed Hussein said on Monday that the budget for next year was prepared by adopting projects and performance budgets instead of the old traditional method, while he estimated the cost of rebuilding the liberated areas at 88 billion dollars.
In conjunction with this, the parliamentary Finance Committee revealed the existence of cooperation between the government and parliament in order to achieve the highest benefit from the budget.
The Minister of Finance during the Iraqi Energy Conference held in Baghdad: "Iraq is fighting a few years ago in the battle for survival and existence, and that terrorism caused the destruction of many cities and infrastructure has become rubble useless and estimated total reconstruction needs of $ 88 billion."
"Terrorism has led to the displacement of millions of people to stay in the camps and according to available statistics estimated more than one and a half million displaced and thousands are still missing, in addition to those who lost their lives or emerged from this difficult period with disabilities and disabilities."
"We started to reform bureaucratic systems and took measures to modernize the systems and then gradually move from the obsolete paper-based operating mechanisms to the e-governance system," Hussein said. Budgets after the involvement of representatives and international experts and the Iraqi parliament and for the first time local governments and the Kurdistan region.
For his part, the Rapporteur of the Parliamentary Finance Committee MP Ahmed al-Saffar said in a press statement that "the draft budget is still with the government and there is a government committee since last May to complete the budget," noting that "for the first time, the committee charged with preparing the budget included representatives of the House of Representatives Parliamentary Finance Committee in an integrated process between the legislative and executive authorities.
Al-Saffar added, "There is cooperation and coordination in order to achieve the highest benefit from the budget," pointing out that "what is said about the existence of a budget deficit exceeding seventy trillion dinars is not proved officially and may be exaggerated."
He pointed out that "the Parliamentary Finance Committee will be facing a great task in the legislation of the budget next year," stressing, "We are in the direction of changing the structure of the budget and convert it from the budget of traditional classical items to the budget of programs and performance." There is an emphasis on the investment side and good exploitation Resources and public finances are optimal, all of which are important steps, although we believe that a sudden transition in this way is not entirely possible, '' he explained that 'starting gradually is the best option, which we have already started by balancing the health and education sectors to the application in turn to the remaining sectors.'
Reconstruction needs of $ 88 billion.   ""Terrorism/Maliki!😕has led to the displacement of millions of people
 
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Central Bank Governor talks about “layoffs”: we have come to more than saturation!

11:03 - 17/09/2019
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Information / Baghdad ..

Central Bank Governor Ali Al-Allaq said on Tuesday that the government has reached more than saturation and expenses is a major challenge to the public budget, while noting the possibility of layoffs from their jobs.

Al-Allaq said in an interview with the official newspaper "Al-Sabah" and I saw it (information), that "the government has reached more than saturation, and it does not add economic value; but that in its expenses is a major challenge to the public budget and reduces the resources that can go to occupy others and achieve More jobs through real projects. ”

He added, "The basic solution to the issue of unemployment is the operation of the real sectors, which are industrial, agricultural, tourism and others, which is the basis in moving economic rings, so there must be a focus on moving these economic sectors by changing the economic model that exists in Iraq today, the model now exists is that "Our revenues come from oil, and they pump the bulk of them in the form of salaries. These salaries are converted into demand for imported goods and commodities.

"People cannot be laid off from their jobs, but the money taken as salaries can be invested inside Iraq by expanding the real sector. This will occupy other people," he said. "It depends on coordinating trade, investment, taxation and customs policies to harmonize with each other to move the situation internally." . Done / 25

https://www.almaalomah.com/2019/09/17/429316/

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Parliamentary Finance: The region will not get its dues if it does not comply with the provisions of the budget

09:11 - 17/09/2019
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Information / Baghdad ..

A member of the parliamentary Finance Committee Committee, Abdul Hadi Mohan Tuesday, that the Kurdistan region will not get a budget or financial dues in the absence of compliance with the provisions of the general budget 2020, pointing out that there are moves to amend the budget items to ensure the repetition of errors that occurred in the 2019 budget.

Mohan said in a statement to the information, that "many of the mistakes in the budget items will be addressed during the 2020 budget, where some items were (loose), and will be obliged to the parties concerned in order not to breach and act in the way that executives wish."

He added that "Article X of the budget will be changed, especially as it has been manipulated by the region, where it is imperative to take action on this article to ensure that the budget is not manipulated."

The Mohan, that "the Kurdistan region will not get amounts in the budget in 2020 if he did not comply with the provisions of the budget, and did not deliver oil revenues to the federal government." Finished / 25 N.

https://www.almaalomah.com/2019/09/17/429295/

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“A New Approach” in Iraq's 2020 Budget and Reform Plan

 September 18, 2019 - 13:45

 

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Finance Minister Fuad Mohammed Hussein said that the budget for next year was prepared through the adoption of projects and performance budgets, rather than the old traditional method, while estimated the cost of reconstruction of liberated areas by $ 88 billion.

 

The Minister of Finance, during the Iraqi Energy Conference held in Baghdad, that "Iraq is fighting a few years ago in the battle for survival and existence, and that terrorism caused the destruction of many cities and infrastructure has become rubble useless and estimated total reconstruction needs of $ 88 billion."

 

"Terrorism has led to the displacement of millions of people to stay in the camps and according to available statistics estimated more than one and a half million displaced and thousands are still missing, in addition to those who lost their lives or emerged from this difficult period with disabilities and disabilities."

 

“We started to reform bureaucratic systems and we took measures to modernize the systems and then gradually move from obsolete paper-based operating mechanisms to e-governance,” Hussain said.

 

He explained, "The budget for next year 2020 prepared through the adoption of project budgets and performance instead of the old traditional method of preparing budgets after the involvement of representatives and international experts and the Iraqi parliament and for the first time local governments and the Kurdistan region."

https://sumer.news/ar/news/41749/أسلوب-جديد-في-موازنة-العراق-لـ-2020-وخطة-إصلاح

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Amjad al-Oqabi, a member of the oil and energy parliamentary committee, warned on Thursday of the recurrence of "problems" in the 2020 budget on the share of the Kurdistan region and its oil exports, stressing the work to ensure that "previous mistakes" led to those problems.

Al-Oqabi said in an interview with Alsumaria News, `` The Federal Minister of Finance was the first to buck the budget in 2019 when he launched part of the region's budget allocations despite the region's failure to deliver oil imports to SOMO. '' But they have so far failed to provide convincing answers or find a mechanism to resolve the problem with the region. "
 
 

Al-Oqabi added that "the problems will be repeated in the budget of 2020 with regard to the region's oil exports and its financial revenues to the federal government if we repeat the same previous mistakes and did not put a clear formula obliging the region to pay before getting the amount of the state treasury," explaining that "the region is issued daily between 450-550 thousand barrels of oil, but the budget is not recorded only 250 thousand barrels, and yet we did not receive one dollar of them. "

He continued, that "courtesies and patronage by the Prime Minister is something we will not accept and emphasize that everyone is equal in rights and duties," noting that "we will work in Parliament to host the Prime Minister and strive to determine the amount of oil exported accurately and imports derived from them, which must be taken guarantees to pay them categorically Without any interpretations. "

Al-Oqabi stressed that "the final resolution will be through a vote on the draft oil and gas law, and we will work to give priority to resolving this law in the near future due to its importance in order to resolve the recurrence and controversy every year."
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  • yota691 changed the title to The Kurdistan region is preparing its own budget in 2020
Date of edit:: 2019/22 15:11 • 14 times read
The Kurdistan region is preparing its own budget in 2020
A spokesman for the Ministry of Finance and Economy in the Kurdistan Regional Government that the region will have a general budget next year.
"The budget preparation committee of the ministry's general directorate is working to ensure that the region has a general budget in 2020," ministry spokesman Ahmed Abdulrahman said Sunday.
He added that "the region will ratify the general budget of its own next year and this step of the ministry to serve the region."
"The war against ISIS and the political differences as well as the financial crisis have prevented the region from having a general budget in the past years," he said.
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  • yota691 changed the title to Parliament: We will not receive a budget deficit and debt amounted to $ 125 billion

Parliament: We will not receive a budget deficit and debt amounted to $ 125 billion

 
Baghdad / Al-Sabah / Omar Abdul Latif
 
 
The parliamentary Finance Committee decided not to receive the 2020 budget from the government if it contains a large fiscal deficit, while continuing to hold meetings with the Ministry of Finance to discuss the reduction of the deficit and dependence on non-oil revenues.
In conjunction with this, the Committee disclosed that Iraq's external debt reached the $ 125 billion mark, describing this figure as "danger and frightening for the economic future."
Chairman of the Committee, Haitham al-Jubouri, said in a press statement: "The budget for next year is still in the stages of preparation of the government agencies concerned," noting that his committee "will return to the government and take responsibility in the event of a large fiscal deficit."
He added that "the government is interested in finding solutions to fill the budget deficit other than oil revenues," pointing at the same time that "can not predict things unless the budget reaches the dome of the House of Representatives."
For his part, a member of the Committee Ahmed Mazhar al-Jubouri told `` morning '', that `` the Committee has already stopped debts, especially foreign in the budget of 2019, at a time when there is an obligation to continue the debt as it existed during the war on ISIS gangs in the provinces of Nineveh, Anbar and Salah al-Din. ''
He explained that "debt, especially foreign amounted to 125 billion dollars," noting that "its survival portends a threat to the economic future of Iraq."
He hinted that "the existence of 20 paragraphs of debt will be in the budget 2020, after the Committee held with the Ministry of Finance five meetings during the past month, as part of these debts were loans imposed on Iraq by the World Bank," pointing at the same time, that the research It continues to find solutions to fill the budget deficit next year. ”
In addition, the committee member Hoshyar Abdullah said in a statement received by Al-Sabah that the main roads linking the governorates began to erode and end over time due to negligence and lack of seriousness in the implementation or completion of projects, including the Baghdad-Kirkuk road and the southern road and its branches. Even roads leading to the border with neighboring countries.
"Today we have two death roads, one in the south and the other in the north, and hundreds of motorists and families have been the victims of traffic accidents that have occurred on these roads," he said.
“Within cities, the roads have become miserable and shameful, as if we are in a poor, bankrupt country, while financial allocations can be increased to develop and rehabilitate roads as the lifeblood of cities and not only to facilitate movement within them, but also reflect their civilizational facade,” Abdullah said.
"There is a debate within the Parliamentary Finance Committee about increasing the allocations of internal and external roads leading to neighboring countries within the budget of next year, and we hope that the next stage will see a real qualitative renaissance in this area."
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  • yota691 changed the title to Parliamentary Finance: The 2020 budget includes the exchange of the last payment of Kuwait's debts
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