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

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60,000 JOBS WILL BE LAUNCHED NEXT YEAR

Sunday, 4 August 2019 4:04 PM
60,000 jobs will be launched next year
 

Baghdad / National News Center NNC 
announced the Committee on Labor and Social Affairs of Parliament, on Sunday, the existence of 60 thousand degrees of employment within the draft federal budget law for 2020.

Committee member Fadhel Jaber said in a press statement that "the draft federal budget law will include 60 thousand degrees of functional," pointing out that "those degrees will be distributed to all ministries."

He added that "those degrees will solve a small part of the unemployment crisis among graduates," noting that "the solution of the unemployment crisis needs to activate the private sector and rehabilitation of local industries."

The parliamentary finance revealed, earlier, the existence of a large deficit in the budget of 2020 up to 72 trillion dinars, after a year characterized by prosperity was a deficit of 27 trillion speculative compared to what is expected next year.

https://nnciraq.com/13856/

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GM YOTA, Butifldrm AND DV.:D:twothumbs::bump:

Edited by Big_J
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On 7/28/2019 at 3:49 AM, 6ly410 said:

"the 2020 budget will not be voted on and will not be discussed until after a full agreement between Baghdad and Erbil on the oil file,"

 

 

So, does this say that they won't pass the budget until they can pass the HCL?  Am I reading into this incorrectly?

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46 minutes ago, Butifldrm said:

"the solution of the unemployment crisis needs to activate the private sector and rehabilitation of local industries."

 

as everyone knows in a non socialist society you need jobs and a workforce ( middle class ) to keep the wheels greased 

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6 minutes ago, fnbplanet said:

 

 

So, does this say that they won't pass the budget until they can pass the HCL?  Am I reading into this incorrectly?

 

hope ur reading it right , since i began watching after the gulf war the oil n gas law has always been as difficult as a bigfoot sighting to confirm ... heres hoping 

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PARLIAMENTARY FINANCE NOTIFIES CITIZENS OF THE 2020 BUDGET: “DIFFERENT” FROM THE PREVIOUS ONE AND ITS DEFICIT IS CLEAR

Parliamentary Finance notifies citizens of the 2020 budget: âdifferentâ from the previous one and its deficit is clear

 

Wednesday, 7 August 2019 1:49 PM

Baghdad / National News Center

Deputy Chairman of the Parliamentary Finance Committee Muthanna al-Samarrai, on Wednesday, the existence of a deficit in the budget of 2020, calling on the government to take a clear policy to collect tax revenues and collection.

Samarrai said in a statement to the National News Center, that "there is a committee to prepare the 2020 budget in the Council of Ministers and membership of the Finance Committee," adding that "there is a shift in the type of budget in terms of objectives and programs and there are representatives of the Finance Committee attending meetings at the Ministry of Finance."

He added that "there is an expected deficit for the coming year and there are meetings of the Chairman and its members with the Minister of Finance and the Governor of the Central Bank and will provide clarification on the subject."

"There are no accurate figures on the budget deficit in 2020," he said, calling on the government to "take a clear policy to collect revenues from taxes, levies and entitlements of the remaining amounts for water and electricity in a way that does not reflect negatively on the citizen but to provide a parallel service for wages deducted from the citizen." Better study in the next time. ”

He pointed out that "there is a lack of clarity in the collection of revenues by the government and overlapping in the collection of taxes on communications, oil rent and other resources from development," stressing the need to "develop a plan to solve problems within the budget of 2020."

https://nnciraq.com/14191/

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BAGHDAD / SUMMER NEWS Deputy Chairman of the Parliamentary Finance Committee Muthanna al-Samarrai, on Wednesday, the existence of a budget deficit in 2020, calling on the government to take a clear policy to collect tax revenues and collection. Samarrai said in a press statement, "There is a committee to prepare the 2020 budget in the Council of Ministers and membership of the Finance Committee," adding that "there is a shift in the type of budget in terms of objectives and programs and there are representatives of the Finance Committee attending meetings at the Ministry of Finance." He added that "there is a deficit expected for the coming year and there are meetings of the Chairman of the Committee and its members with the Minister of Finance and the Governor of the Central Bank and will provide clarification on the subject." "There are no accurate figures on the budget deficit in 2020," he said.
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2019/08/07 19:33

Deputy: Iraq's budgets since 2005 and so far fake and unreal

http://almasalah.com/ar/news/176229/نائب-موازنات-العراق-منذ-2005-وحتى-الآن-وهمية-وغير-حقيقية

BAGHDAD / Obelisk: MP Sairon Alliance Riad Masoudi, Wednesday, August 7, 2019, the federal budgets of the government since 2005 until now fake and untrue, attributing it to the lack of an actual study to calculate the surplus and the real fiscal deficit.

Al-Masoudi said that the federal budgets since 2005 until this year are placed in the light of inaccurate expectations by the Ministry of Planning and Finance, the Council of Ministers and the House of Representatives, pointing out that the collection of these budgets is fake and unreal because they are not subject to an actual study in the calculation of the deficit and financial surplus.

He added that the allocation of 17% of the 2019 budget to the ministries of interior and defense has been placed in an ill-considered manner and match the budgets of war, but the military did not benefit from those funds in armament or development, indicating that the expectations and guesses did not result from the development of a real budget and if it continues in this way, the budget 2020 It will be similar to the previous fake budgets in terms of fiscal deficits and waste of money.

The parliamentary Finance Committee revealed, earlier, the existence of a large deficit in the budget of 2020 up to 72 trillion dinars, after a year characterized by prosperity was a deficit of 27 trillion speculative compared to what is expected next year.

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Budget 2020 from items to projects

Tuesday 06 August 2019 142

Budget 2020 from items to projects

 
 
 
 
Baghdad / Imad Emirate
 
 
 
 
The House of Representatives discussed, through the Finance Committee, the budget for next year 2020 and under the supervision of specialized experts to be a budget projects and performance instead of the current situation (budget items), and when approved will be implemented first in the ministries of education, health and planning.
 
 
 
Balancing projects
Consultant in the House of Wisdom, Dr. Wafaa Mahdawi told «morning» that "the budget of programs and performance or the budget of projects and performance promises a modern tabulation of the budget accounts, which gives it importance and focus on government programs represented by the implementation
 Projects. ”
She pointed out that "this type of budget" focuses on the goal itself and not on the means to achieve the goal, because the traditional tabulation of the public budget shows what the government buys but does not show programs or projects for which spent or allocated funds, nor does it show the extent of achievement in projects ”.
 
Total cost
She added that "the attention of the general budget for projects and performance is to measure the total cost of a particular project regardless of the units implemented for the project, hence the nature of expenses become of secondary importance, that is, the attention is focused on the activity of the government unit and not the means of implementation of this activity of goods and wages and services." .
"The budget of projects and performance can be defined as a means of classifying the general budget data to focus on government projects and not on what the government buys goods and services, that is, it is working to highlight the new nature of the administrative state, rather than on the traditional financial control function," she said. In the service of government administration. ”
 
Budget application
She explained, "The application of the budget of projects and performance achieves several advantages, including giving an accurate picture of the size of government spending through a scientific predetermination of the cost of what will be implemented." She pointed out that "this budget expands the powers of department directors in the field of planning and self-control and in turn lead to their responsibility Incompetence that you might get in 
the performance" .
She said: «the budget of projects raise the performance of administrative and financial oversight bodies by adding new indicators for evaluation and control, and achieve flexibility in the allocation of allocations to activities according to their importance to lead to the optimal use of resources», adding, “This budget doubles the efficiency of government units in the management and implementation of projects and programs. It is also a translation of the state policy and objectives and addressing the basic problems in a form 
Clear. ”
 
The administrative system
Mahdawi diagnosed the problems facing the application of performance budgeting and projects by saying that it is «difficult to link performance with the goal and the difficulty of measuring effectiveness with the high cost of application because of the efforts and burdens, as well as the difficulty of acceptance of the administrative and financial system for change, in addition to the difficulty of changing accounting systems to comply with this type of Budget, as well as the inadequacy of the administrative structures of the administrative apparatus to apply the budget of projects 
And performance »

 
 
http://alsabaah.iq/12558/موازنة-2020-من-البنود-إلى-المشاريع

image.png

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12 hours ago, Butifldrm said:

there is a shift in the type of budget in terms of objectives and programs and there are representatives of the Finance Committee attending meetings at the Ministry of Finance."

He added that "there is an expected deficit for the coming year and there are meetings of the Chairman and its members with the Minister of Finance and the Governor of the Central Bank and will provide clarification on the subject."

 

6 hours ago, 6ly410 said:

the federal budgets of the government, attributing it to the lack of an actual study to calculate the surplus and the real fiscal deficit

 

They need to make that leap of faith now.......they can't be doing the same thing, the same way and expect diff results.

Dont worry about the deficits, just put those money to real works ~ grow the economy to your capacity, enrich the private sector, reduce unemployment, finance major programs. 

And manage the inflations.....

 

Nobody will be complaining. GCC will be smiling ~ welcoming you.

 

Git up!!

:rodeo:

 

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Parliamentary proposal for the transfer of employees between the ministries of the State within the 2020 budget

17:57 - 10/08/2019
%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-696

Information / Special…

The Alliance of Sireon announced a parliamentary proposal to include in the 2020 budget the transfer of some employees from ministries that suffer from slack function to the ministries that demanded degrees of functional after the approval of finance and planning.

MP Sairon Abbas Aliwi told the / information /, that "a number of ministries demanded functional degrees within the 2020 budget to fill the shortage and specific competencies."

He added that "there are ministries suffer from functional sagging and within the required competencies," noting that "there is a proposal to include in the budget 2020 to transfer staff from ministries that suffer from sagging career to other ministries that need it."

He added that "the proposal will be discussed between the Finance Committee and the Ministries of Finance and Planning and take the approval of the government."

He continued that "the transfer will be comprehensive for the allocations and salary of the employee transferred between the two ministries after taking the approval of the Ministry of Finance."

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Information / Special…

The Parliamentary Planning Committee confirmed on Sunday that the draft federal budget law for 2020 will be prepared at a price of 56 dollars per barrel of oil.

Committee member Mohammed Karim said in a statement to the information, that "$ 56 per barrel of oil will be the initial price fixed in the draft federal budget law for 2020 ″, pointing out that" the fiscal deficit in the budget in 2020 is inaccurate and hypothetical only.

He added that "the sale price of a barrel of oil in the budget will rise or fall according to oil markets, the parliament will go to reduce the sale price of a barrel in the budget if the world oil prices fall below $ 50."

Earlier, the Parliamentary Finance Committee revealed a large deficit in the budget of 2020 to reach 72 trillion dinars, after a year characterized by prosperity was a deficit of 27 trillion guesses compared to what is expected next year.

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Release date:: 2019/8/12 12:16 • 326 times read
Parliamentary finance reveals a shocking deficit in the 2020 budget
A member of the parliamentary Finance Committee, Ahmed Haji Rashid, that the budget will turn to the biggest dilemma in Iraq, especially with talk of a large deficit in the budget next year.
Rashid said in a press statement, "The Committee on the preparation of the budget strategy for fiscal year 2020, estimated the expected deficit of about 72 trillion dinars, while the annual revenue in Iraq ranging from 60 to 70 trillion dinars." 
According to the available information, the value of the allocations for the operational budget (salaries) will reach 48 trillion dinars next year, compared with 36 trillion dinars in previous years, and Iraq must pay debts of 19 trillion dinars, while the costs of oil exploration and extraction to 20 trillion dinars, along with 11 trillion dinars for the pension fund. " 
He noted that the budget year 2019 included the development of 6,500 degree of functional movement Saraya peace, and financial allocations of 28 thousand element in the popular crowd. ended
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Parliamentary: a large budget deficit in 2020 will become a major dilemma

Policy 12/08/2019 143

https://glgamesh.com/archives/93585

story_img_5d512e6aba72c.jpg
 

Kalkamsh Press / Baghdad

A member of the Parliamentary Finance Committee, Ahmed Haji Rashid, that the budget will turn to the biggest dilemma in Iraq, especially with talk of a large deficit in the budget next year.

Rashid said in a press statement, that "the Committee on the preparation of the budget budget strategy for 2020, estimated the expected deficit of about 72 trillion dinars, while the annual revenue in Iraq ranging from 60 to 70 trillion dinars."

According to the available information, the value of the allocations for the operating budget salaries will reach 48 trillion dinars next year, compared with 36 trillion dinars in previous years, and Iraq must pay debts worth 19 trillion dinars, while the costs of oil exploration and extraction up to 20 Trillion dinars, along with 11 trillion dinars for the pension fund. ”

He pointed out that the budget for the year 2019 included the creation of 6500 degrees of functional movement of the Peace Brigades, and financial allocations for 28 thousand elements in the Popular Mobilization.

 

 

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Parliamentarian: Budget will turn to the biggest dilemma in Iraq

Release date:: 2019/8/12 14:08 • 531 times read
Parliamentarian: Budget will turn to the biggest dilemma in Iraq
[Baghdad-Where] 
A member of the Parliamentary Finance Committee, Ahmed Haji Rashid, that the budget will turn to the biggest dilemma in Iraq, especially with talk of a large deficit in the budget next year. 
Rashid said in a press statement, "The Committee on the preparation of the budget strategy for fiscal year 2020, estimated the expected deficit of about 72 trillion dinars, while the annual revenue in Iraq ranging from 60 to 70 trillion dinars." 
According to the available information, the value of the allocations for the operational budget (salaries) will reach 48 trillion dinars next year, compared with 36 trillion dinars in previous years, and Iraq must pay debts of 19 trillion dinars, while the costs of oil exploration and extraction To 20 trillion dinars, along with 11 trillion dinars for the pension fund. " 
He pointed out that the budget for the year 2019 included the creation of 6500 degrees of functional movement of the Peace Brigades, and financial allocations for 28 thousand elements in the Popular Mobilization.
 
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Parliamentary Finance: Budget 2020 will not pass without the agreement between Baghdad and Erbil

16:48 - 13/08/2019
0
%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%

Information / special

The parliamentary Finance Committee, Tuesday, that the budget next year will not pass unless it is agreed between Baghdad and Erbil on its items, indicating that there is a scientific study by the Ministry of Oil and specialized advisers in order to determine the price of a barrel of oil to be calculated by the 2019 budget.

Committee member Jamal Ahmed said in a statement to the information, that "the budget next year will not pass without an agreement between Baghdad and Erbil , and this time must be a serious agreement and adhere to the parties in the center and the region."

He added that "the lack of agreement between Baghdad and Erbil on the budget next year, will make the parliament lost confidence in the governments of the Center and the region, and therefore all parties must abide by the law during the rest of this year in order to agree on the budget of 2020."

He explained that "the budget next year will be calculated after a scientific study by the Ministry of Oil and consult specialists in this area, especially since the price ranges between (55-65) dollars per barrel."

The parliamentary Finance Committee has confirmed in a statement earlier to the information, the value of the budget deficit in 2020 to 72 trillion dinars, which needs a scientific study on the calculation of the price of a barrel of oil in the budget next year. Finished 25 N

https://www.almaalomah.com/2019/08/13/423331/

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2019/08/13 17:32

Parliamentary Finance: next year's budget will not pass without the agreement between Baghdad and Erbil

http://almasalah.com/ar/news/176470/المالية-النيابية-موازنة-العام-المقبل-لن-تمرر-من-دون-الاتفاق-بين-بغداد-واربيل

 

Baghdad / Obelisk: The parliamentary Finance Committee, on Tuesday, that the budget next year will not pass unless it is agreed between Baghdad and Erbil on its items, indicating that there is a scientific study by the Ministry of Oil and specialized advisers in order to determine the price of a barrel of oil to be calculated by the 2019 budget.

Committee member Jamal Ahmed said in a press statement that "next year's budget will not be passed without an agreement between Baghdad and Erbil, and this time must be a serious agreement and adhere to the parties in the center and the region."

He added that "the lack of agreement between Baghdad and Erbil on the budget next year, will make the parliament lost confidence in the governments of the Center and the region, and therefore all parties must abide by the law during the rest of this year in order to agree on the 2020 budget."

He explained that "the budget next year will be calculated after a scientific study by the Ministry of Oil and consult specialists in this area, especially since the price ranges between (55-65) dollars per barrel."

 

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In the budget next year .. Fatah seeks to include provisions for air defense to prevent external attacks

Political | 05:19 - 13/08/2019

 
image
 
 

BAGHDAD - Mawazine News 
MP Fateh Faleh al-Khazali, on Tuesday, the existence of efforts to include allocations to equip air defenses with weapons to prevent external attacks in the 2020 budget, while noting that those who seek to weaken the security forces are included in the plotters. 
Al-Khazali said in an interview with Mawazine News that "our security forces must be armed in a way that is consistent with the security challenges and the threat of terrorism, including air defense to prevent external aggressions and this will be included in the 2020 budget." 
He added, "Anyone who seeks to weaken the security forces and arm them optimally, especially air defense and equipped with a sophisticated system commensurate with external challenges is included in the plotters and should not listen to the voices of cacophony."

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2019/08/14 11:21

Parliamentary energy: The veto of the oil agreement will deprive the region of the salaries of its employees

http://almasalah.com/ar/news/176489/الطاقة-النيابية-نقض-الاتفاق-النفطي-سيحرم-الاقليم-من-رواتب-موظفيه

 

Baghdad / Obelisk: A member of the Committee on Oil and Parliamentary Sadiq al-Sulaiti that there is an insistence by the deputies, to oblige the Minister of Finance to prevent the disbursement of any amounts to the Kurdistan region unless it abides by the oil agreement with Baghdad.

Al-Sulaiti said in a press statement followed by "obelisk", Wednesday, that "there is an insistence on the need to adhere to the marketing of oil through the company" SOMO "in the budget of 2020, and on the contrary will oblige the Minister of Finance not to disburse any amounts to the region, including the salaries of employees in the event of the revocation of the agreement between the parties.

Sulaiti promised, "the obligation of the Kurdistan region to market 250 thousand barrels per day through the oil company" SOMO "will be fair to all parties, after he agreed with a Korean company that the production of oil fields equally between the company and the regional government, indicating that the company extracts 500 thousand barrels per day Of those fields. "

He added, "This leads us to the region can market 250 thousand barrels per day through" Somo "on the grounds that the remaining oil produced goes to that company."

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Parliamentary Planning Committee shows the reasons for the high budget deficit

Parliamentary Planning Committee shows the reasons for the high budget deficit

Al-Ahd News- Continue

Ezzat Parliamentary Strategic Planning Committee,   On Wednesday, the federal budget deficit rose to the absence of planning experts and the economy in the numbers of budgets, while showing that the surplus and deficit is placed in an estimated and far from reality.

Committee member Mohammed Karim said in a statement seen by "Al-Ahd News"   "The draft federal budget is prepared by employees who rely on estimates and estimates far from reality," pointing out that "most of the budgets are illusory and not properly studied."

He added that "the high fiscal deficit occurred because of the absence of experts in economic planning and the absence of a real government vision," noting that "the budget deficit in 2020, which is estimated at 70 trillion dinars is not real and hypothetical."

Earlier, the Parliamentary Finance Committee revealed a large deficit in the budget of 2020 to reach 72 trillion dinars, after a year characterized by prosperity was a deficit of 27 trillion guesses compared to what is expected next year. 6

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27 minutes ago, 6ly410 said:

pointing out that "most of the budgets are illusory and not properly studied."

 

after following along thru the years i got a feeling much more than the budgets have been illusionary

just my opinion of course cheers dv'ers 

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Parliamentary Planning: High deficit due to the absence of experts in the number of budgets

By ahad5 15/08/2019 12:21 PM | Number Of Hits: 679

Parliamentary Planning: High deficit due to the absence of experts in the number of budgets

Ahd News - Baghdad

The parliamentary strategic planning committee attributed the rise in the federal budget deficit to the absence of planning experts and the economy in the number of budgets..

Committee member Mohammed Karim said in a press statement, "The draft federal budget is prepared by employees who rely on estimates and estimates far from reality," pointing out that "most of the budgets are fake and not studied properly”.

He added that "the high fiscal deficit occurred because of the absence of experts planning and economic and the absence of a real government vision," noting that "the budget deficit in 2020, which is estimated at 70 trillion dinars is not real and hypothetical”.

Earlier, the Parliamentary Finance Committee revealed a large deficit in the budget of 2020 to reach 72 trillion dinars, after a year characterized by prosperity was a deficit of 27 trillion guesses compared to what is expected next year.

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Release date:: 2019/8/16 19:53 • 757 times read
Parliamentary Finance: draft budget 2020 discusses the beginning of September and a barrel of oil estimated at [56] dollars in it
[Baghdad-Where] 
A member of the Finance Committee Hanin al-Qadu, Friday, that "the draft federal budget law for the year 2020, will be discussed in the House of Representatives early next month," noting that "the bill estimated the price of a barrel of oil at 56 dollars at least." 

Al-Qadu said in a press statement today that "the committee does not know yet whether the law includes the allocation of functional degrees or not," pointing out that "the third legislative chapter of the parliament will see the discussion of the budget law and vote on it." 

He pointed out that "the continuation of violations that occurred in the budget law in 2019, will complicate the scene and will lead to the delay in approving the 2020 budget." 


The Committee's Rapporteur Ahmed al-Saffar, has confirmed earlier that "the 2020 budget, will be completely different from the current budget, it is more investment than operational, unlike the 2019 budget, which preceded it." 

He added, "We will work to allocate a special budget for the citizen, in which financial allocations to specific segments and classes of the Iraqi people, such as social welfare and the unemployed, and others."
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