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


yota691
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A member of the parliament for the Kurdistan Democratic Party, Ikhlas al-Dulaimi, revealed that the region will deliver 250,000 barrels, agreed with the federal government, within the 2020 budget.

"There have been problems throughout the current year with regard to how the Kurdistan Region will deliver 250,000 barrels of oil to the federal government through the Oil Marketing Company (SOMO)," Dulaimi told Sabah.
 
 
Al-Dulaimi affirmed that "Kurdish delegations will arrive soon to meet with Prime Minister Adel Abdul Mahdi to resolve the oil dispute between the federal government and the region, and to hand over the quota in the budget estimated at 250,000 barrels," indicating that "we will go to the financial amendment."
 
For his part, member of the House of Representatives Hussein Hassan Narmo expected that "the adoption of the budget next year will be very difficult in the absence of the region's commitment to the implementation of the provisions of the budget of 2019 and 2020." (Sumo), in return for granting the Territory its annual budget ”.
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Information / Baghdad ..

A member of the Parliamentary Committee on Economy and Investment Yahya al-Ithawi, on Tuesday, the most prominent obstacles that guide the presentation of the budget law before the government and parliament, calling on the government to speed up the resolution of all problems before submission to parliament.

Al-Ithawi said in a statement to / information / that "the federal budget faces a lot of obstacles, most notably the compatibility with Kurdistan and the share of the region and foreign debt and investment budget and allocations of oil-producing provinces will increase."

He added that "the federal government is required to send competent committees in the provinces and the region to resolve the crisis and inform each province on the proportion and projects to pass the budget faster."

Al-Ithawi explained that "the House of Representatives will introduce a lot of economic laws during the current legislative term, most notably the law of gas and investment and partnership with the private sector and investment as well as the protection of domestic product." Ended / 25 KD

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2019-10-01 15:50

Parliamentary Finance: No share of the region at all in the 2020 budget .. The proportion does not reach the 1%

 

Baghdad / Obelisk: Member of the Parliamentary Finance Committee, Abdul Hadi Saadawi, Tuesday, October 1, 2019, the government of the region has debts of nearly $ 100 billion, explaining the budget for the Kurdistan region for 2020 only after the payment of debts.

Saadawi said in a statement followed by obelisk, that "there is no budget for the Kurdistan region until the hour," stressing that "can not be paid any dues to the government of the region if not pay all the dues and debts arising from them."

He pointed out that "the government of the region has debts of nearly $ 100 billion and it should send to the federal government and settle the differences between the federal government and the region," pointing out that "there is no quota at all for the Kurdistan region in the budget of 2020 until it did not reach 1%."

He added that "the government of the region did not commit and export oil without reference to the government and does not allow the Office of Financial Supervision to audit employees and cashiers in the government of the region, calling" the federal government to subject the regional government and its revenues to the federal government.

 

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Member of the Parliamentary Finance calls for a temporary solution to the issue of the dues of the region in the next budget

 

Member of the Parliamentary Finance Committee Jamal Cougar, on Tuesday, to find a temporary solution to the problem of dues of the region in the next budget in order to overcome its crisis until reaching durable solutions in the future.

He said in an interview with Alsumaria News, "to solve the problems between Baghdad and Erbil need to committees and continuous meetings and political agreements," noting that "it is necessary to develop an interim agreement on the next budget on the dues of the region to overcome the budget crisis and then to find radical and final solutions." .
 
 
"The radical solution is manifold, and includes several axes, including the liquidation of financial accounts between the two governments," he said. These companies are part of a permanent solution to end this recurrent crisis every year. "
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4 hours ago, 6ly410 said:

Member of the Parliamentary Finance calls for a temporary solution to the issue of the dues of the region in the next budget

 

Member of the Parliamentary Finance Committee Jamal Cougar, on Tuesday, to find a temporary solution to the problem of dues of the region in the next budget in order to overcome its crisis until reaching durable solutions in the future.

He said in an interview with Alsumaria News, "to solve the problems between Baghdad and Erbil need to committees and continuous meetings and political agreements," noting that "it is necessary to develop an interim agreement on the next budget on the dues of the region to overcome the budget crisis and then to find radical and final solutions." .
 
 
"The radical solution is manifold, and includes several axes, including the liquidation of financial accounts between the two governments," he said. These companies are part of a permanent solution to end this recurrent crisis every year. "

Thanks 6ly you're a rock star, always bringing us the news non stop.

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Democrat: The province will deliver Baghdad 250 thousand barrels within the 2020 budget
 
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http://economy-news.net/content.php?id=17928

 

Economy _ News Baghdad

Kurdistan Democratic Party (KDP) member Ikhlas al-Dulaimi revealed on Tuesday that the region will deliver 250,000 barrels, agreed with the federal government, within the 2020 budget.
"There have been problems throughout the current year with regard to how the Kurdistan Region will deliver 250,000 barrels of oil to the federal government through the Sumo Oil Marketing Company," Dulaimi told Sabah.
Al-Dulaimi stressed, “The arrival of Kurdish delegations to meet with Prime Minister Adel Abdul Mahdi to resolve the oil dispute between the federal government and the region, and to hand over the quota in the budget estimated at 250 thousand barrels,” indicating that “we will go to amend the budget.”

 

 
Number of Views 104 Date Added 01/10/2019
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Kurdistan Democratic Party: The region will hand over Baghdad 250 thousand barrels within the 2020 budget

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http://www.alliraqnews.com/modules/news/article.php?storyid=83913

Date: 2019/10/1 16:12 • 60 times read

[Baghdad-Where]
Member of the Council of Representatives of the Kurdistan Democratic Party, Ikhlas al-Dulaimi, revealed that the region will deliver 250 thousand barrels, agreed with the federal government, within the budget of 2020.

"There have been problems throughout the current year with regard to how the KRG will deliver 250,000 barrels of oil to the federal government through the oil marketing company [SOMO]," Dulaimi said.

Al-Dulaimi affirmed that "Kurdish delegations will arrive soon to meet with Prime Minister Adel Abdul Mahdi to resolve the oil dispute between the federal government and the region, and to hand over the quota in the budget estimated at 250,000 barrels," indicating that "we will go to the amendment of the morning" .

For his part, member of the House of Representatives Hussein Hassan Narmo expected that "the adoption of the budget next year will be very difficult in the absence of the region's commitment to the implementation of the provisions of the budget of 2019 and 2020." [Sumo] in exchange for granting the Territory its annual budget ”.

Nermo predicted that "the adoption of the budget next year will be very difficult and not in the interest of the region unless the implementation of the provisions of the budget," stressing that "the region is optimistic to resolve issues and agreements in the future stage and future agreements."

"There is a request from the federal government to deliver oil imports in the next year's budget with a retroactive effect," Nermo said.

MP Fadel Fadil stressed that there must be a serious and frank dialogue between the federal government and the government of Kurdistan in order to reach an agreement that will end the differences between them that have claimed the lives of the people over the past years.

"The Center and the region should put forward the main points of their meeting soon on the problems between them, and work on the principle of transparency and that dialogues should be serious to resolve all outstanding disputes over the past years," Fadel said.

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  • yota691 changed the title to Mid of this month .. Budget 2020 on the table of parliament

Mid of this month .. Budget 2020 on the table of parliament

 
Baghdad / morning
 
 
A copy of it, the need for continuous coordination and cooperation between the relevant bodies of the public budget, represented by the parliamentary financial committee and the government committee and the Ministry of Finance and to be informed of the details of the budget since the beginning of preparation during the first quarter of each year to reach ratification by the government and sent The most important recommendations were prepared by the UN expert Sharaf al-Din after a study that lasted for several months inside Iraq and many meetings and meetings with the relevant authorities, which will be transferred to the government for the purpose of studying and ratifying them. Many of the items that will strengthen the principle of financial discipline and determine the ceilings of total spending and expenses and focus on the investment budget and projects achieved for sustainable development and priority projects to provide direct service to the Iraqi citizen. For her part, said a member of the Parliamentary Finance Committee, Siham Shannon in a press statement that "the Prime Minister will send the draft federal budget for 2020 to the House of Representatives on October 15 this month," pointing out that "the House of Representatives will discuss the budget through its next sessions to see the size of the deficit She added that "non-oil revenues may reach $ 10 billion within the 2020 budget," noting that "the House of Representatives is going to go to new doors to finance the budget and reduce dependence on oil." The Committee on Labor and Social Affairs, had revealed last Sunday the existence of 90 Million barrels of oil owed by the KRG did not pay for The Federal Government, showed that while the House of Representatives would abstain from the region's budget be included in the draft federal budget for the year 2020 law.
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  • 2 weeks later...

Finance Committee: Budget 2020 will see the launch of a large number of grades

Political | 07:26 - 12/10/2019

 
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Special - balance News
confirmed that the Finance Committee deputy member of the private al - Dulaimi said on Saturday that the next fiscal year will see the launch of a large number of grades resulting from the deletion and development operations and other degrees after passing the 2020 budget by the House of Representatives.
Al-Dulaimi told Mawazine News that the 2020 budget will allow graduates to take their role by appointing them in the government sector and in a variety of specializations.
She added, "The Finance Committee will launch degrees of deletion and development in the next few days at the provincial level to compensate them with a greater number of graduates and unemployed."
Dulaimi pointed out that "

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2019/10/14 12:25
  • The number of readings 63
  • Section: Iraq
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Parliamentary action: Moves to employ 50,000 unemployed factories to reduce unemployment

Baghdad / Obelisk: between the member of the Parliamentary Action Committee Fadhil al-Fatlawi, Monday, October 14, 2019, that there is a trend to increase the budget of the Ministry of Labor and Social Affairs in order to accommodate a greater number of unemployed, pointing out that there are moves towards the Ministry of Industry to operate 50 thousand unemployed factories To help reduce unemployment.

Al-Fatlawi said in a statement followed by the obelisk, "The Parliamentary Labor Committee continues its work to find opportunities and outlets to reduce the unemployment rate, as the large numbers that applied towards the Ministry of Labor for the wage of social welfare may not be able to secure the amounts for all these numbers, after it announced progress "More than 600,000 unemployed people get the salary or unemployment benefit."

He added that "moves are underway to increase the budget of the Ministry of Labor during the 2020 budget in order to absorb additional numbers of unemployed and provide them with the material subsidies they need."

He explained that "there are 50 thousand plants are stopped in Iraq, where talks are underway with the Ministry of Industry and Minerals to re-run these plants to reduce the rate of unemployment."

He Fatlawi that "Iraq has entered him 3 million foreign workers, Maatojb law enforcement as the best and provide job opportunities for the unemployed rather than foreign workers, as this number he could significantly reduce the unemployment rate if it applied the law.

Follow - up to the obelisk

http://almasalah.com/ar/news/180175/العمل-النيابية-تحركات-لتشغيل-50-الف-معمل-معطل-لتقليل-نسبة-البطالة

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Information / Baghdad ..

Economic expert Osama al-Tamimi said on Wednesday that the government will face a severe financial crisis in light of the economic changes taking place in the world at a time when the government launched thousands of degrees of unemployed and graduates.

Al-Tamimi said in a statement to the information, that "the government needs to study the financial and economic future of Iraq before making urgent decisions may clarify the disadvantages in the future."

He added that " Iraq is on the verge of a major economic crisis during which the government could not provide the salaries of employees, at a time launched thousands of degrees and functional measures taken to strain the budget of the country."

He explained that "oil prices do not bode well, at a time when Iraq's budget depends on oil revenues, which requires maximizing non-oil revenues depending on agriculture, industry, border ports, taxes, fines and other revenues, in addition to reducing the salaries of officials and retirement of former deputies in order to find financial cover for the budget Iraq . ” Finished 25 N

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  • yota691 changed the title to Parliamentary Finance warns of the collapse of the Iraqi economy budget 2020

Parliamentary Finance warns of the collapse of the Iraqi economy budget 2020

Economy | 10:25 - 18/10/2019

 
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BAGHDAD - Mawazine News
warned the parliamentary Finance Committee, on Friday, the collapse of the Iraqi economy as a result of the wrong policies in the country, indicating that the deficit in the budget in 2020 if it reaches 40%, the economy will be in a state of collapse.
Committee member Naji Redis said in a statement received (Mawazine News), a copy of it, that "the investment budget for Iraq goes to oil and electricity companies and payment of gas debts and the development of regions to provide services and infrastructure of the provinces, and therefore Iraq since 2004 and to this day did not support any production line ”.
He added that "the government has provided only 500 billion dinars to support the large port of Faw to be completed, and this confirms that the state is dead clinically and can not make any serious steps other than promises."
He explained that "the price of a barrel of oil in the budget of 2020 will be calculated according to future estimates by providing economists their vision in this regard after several visits and meetings in various countries around the world on the economic situation, where the future price per barrel is estimated at 50 dollars at a time when Iraq's oil exports do not exceed 3 million and 800 Thousand barrels. ”
And that "the fiscal deficit in the budget in the event of exceeding 40%, the Iraqi economy is in a state of collapse, as it will also collapse in the case of internal debt reached 60% of the budget."

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Warnings of the collapse of the Iraqi economy in the 2020 budget

09:59 - 18/10/2019
 
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Information / special ..

The parliamentary Finance Committee warned on Friday of the collapse of the Iraqi economy as a result of the wrong policies in the country, noting that the budget deficit in 2020 if it reaches 40%, the economy will be in a state of collapse.

Committee member Naji Redis said in a statement to the information, that "the investment budget for Iraq go to oil and electricity companies and payment of gas debts and the development of regions to provide services and infrastructure of the provinces, and therefore that Iraq since 2004 and to this day did not support any production line."

He added that "the government has provided only 500 billion dinars to support the large port of Faw to be completed, and this confirms that the state is dead clinically and can not make any serious steps other than promises."

He explained that "the price of a barrel of oil in the budget of 2020 will be calculated according to future estimates by providing economists their vision in this regard after several visits and meetings in various countries around the world on the economic situation, where the future price per barrel is estimated at 50 dollars at a time when Iraq's oil exports do not exceed 3 million and 800 Thousand barrels. ”

And that "the fiscal deficit in the budget in the event of exceeding 40%, the Iraqi economy is in a state of collapse, as it will also collapse in the case of internal debt reached 60% of the budget."

https://www.almaalomah.com/2019/10/18/433122/

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Parliamentary Finance: The government of Kurdistan promised to deliver oil before receiving the salaries of its employees in the 2020 budget

 

 17 Oct 2019 - 14:19

 

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BAGHDAD (Reuters) - The Kurdistan Regional Government has promised the federal government to deliver oil before paying its employees within the 2020 budget, the parliamentary finance committee said on Thursday. A member of the Committee Siham Shannon said in a press statement that "the provincial government informed Baghdad that it will send oil to SOMO before sending salaries of its employees within the 2020 budget," pointing out that "oil to be sent is part of the quota allocated for the year 2020." She added that "the government of the region has not sent its oil budget in 2019 so far," indicating that "the government may oblige the region to send more than 250 thousand barrels per day to pay off debts arising from it

https://sumer.news/ar/news/42336/المالية-النيابية-حكومة-كردستان-وعدت-بتسليم-النفط-قبل-استلام-رواتب-موظفيها-بموازنة-٢٠٢٠

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Source:
 
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A member of the Parliamentary Finance Committee MP Faisal al-Issawi, Saturday, that the federal budget in general have major problems, pointing out that those problems we can classify them into two parts.

Al-Issawi said in an interview with Alsumaria News, "The budget in general have major problems we can classify them into two parts. The first is the poor construction of the budget in terms of its doors, credits, perceptions, control and sources of funding." Balancing performance and programs.
 

He added that "the other section is linked to the perceptions and convictions of many deputies in the absence of justice in the budget and discrimination to regions without other or provinces at the expense of provinces," pointing "We Finance Committee is pressing towards the solution of these problems and the structural state of the budget."

Al-Issawi pointed out that "by solving these problems and reducing the huge deficit in the budget that can not be passed in its current form has been strengthened control of border ports and taxes and control of the exchange rate, then will solve the largest proportion of problems," stressing that "there is a serious and real breath between the government and the region to solve problems Once a formula is reached in which rights are preserved and justice is achieved, then the problem of justice or part of it will be solved by the current period, which is the problem of the region and its dues.
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  • yota691 changed the title to Parliamentary finance reveals the reasons for the delay in the arrival of the 2020 budget to parliament
Date: 2019/10/20 13:15 • 254 times read
Parliamentary finance reveals the reasons for the delay in the arrival of the 2020 budget to parliament
(Baghdad: Euphrates News) revealed the parliamentary Finance Committee, the reasons for the delay in the arrival of the draft federal financial budget for 2020 from the government to parliament.
A member of the committee Sherwan Mirza said in a press statement that "the government was supposed to send the budget bill to the House of Representatives on the 15th of this month."
However, "but the failure of the Kurdistan Regional Government and the federal government to reach an agreement, and the link most of the demands of the demonstrators with financial bodies, which must be included in the budget, has been delayed sending the bill to the House of Representatives."
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Parliamentary Finance reveals borrowing 200 billion from the Central Bank for emergency grant

17:30 - 20/10/2019
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%D8%B1%D9%88%D8%A7%D8%AA%D8%A87-696x387.

Information / Special…

The Federal Finance Committee, on Sunday, the Federal Government to borrow 200 billion dinars from the Central Bank of the emergency grant allocated to 150 thousand unemployed.

A member of the Committee Siham al-Aqili in a statement to / information /, that "the government borrowed the amount of 200 billion Iraqi dinars from the Central Bank of the emergency grant announced by the Ministry of Labor for 150 thousand unemployed," pointing out that "those funds are sufficient to spend as salaries for three months for the unemployed Until the creation of job grades for them within the 2020 budget. ”

She added that "the government may resort to the emergency budget to implement the promises made to the demonstrators during the past days in the case of insufficient borrowed funds," noting that "all decisions and recommendations voted by the House of Representatives will be implemented accurately during the current and next stage."

Earlier, the Labor and Social Affairs Committee had set the end of October as the date for disbursing the emergency grant to eligible families. Finished 25 T.

https://www.almaalomah.com/2019/10/20/433466/

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1 hour ago, Butifldrm said:

Parliamentary Finance reveals borrowing 200 billion from the Central Bank for emergency grant

17:30 - 20/10/2019
0
 
  
%D8%B1%D9%88%D8%A7%D8%AA%D8%A87-696x387.

Information / Special…

The Federal Finance Committee, on Sunday, the Federal Government to borrow 200 billion dinars from the Central Bank of the emergency grant allocated to 150 thousand unemployed.

A member of the Committee Siham al-Aqili in a statement to / information /, that "the government borrowed the amount of 200 billion Iraqi dinars from the Central Bank of the emergency grant announced by the Ministry of Labor for 150 thousand unemployed," pointing out that "those funds are sufficient to spend as salaries for three months for the unemployed Until the creation of job grades for them within the 2020 budget. ”

She added that "the government may resort to the emergency budget to implement the promises made to the demonstrators during the past days in the case of insufficient borrowed funds," noting that "all decisions and recommendations voted by the House of Representatives will be implemented accurately during the current and next stage."

Earlier, the Labor and Social Affairs Committee had set the end of October as the date for disbursing the emergency grant to eligible families. Finished 25 T.

https://www.almaalomah.com/2019/10/20/433466/

Iraq is DOomed!

Borrowed 200 billion dinars from the Central Bank! Into the pockets of the polititions and thier friends pockets.🇦🇱,💥🔥👎🚨🛑🚓🖤🚷☣️

What ever happened to the investigations into corruption. I think it got pushed under the carpet. And the rest of the demands of the protestors?👎

Edited by jg1
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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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