Parliamentary Finance reveals a dispute over the region's oil in the 2020 budget and the number of job ranks

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Parliamentary Finance reveals a dispute over the region's oil in the 2020 budget and the number of job ranks

•  Time: 09/17/2020 13:00:54
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•  Read: 2,431 times

  

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed that there is a dispute in the draft federal budget law for the year 2020.

Committee member Ahmed Hajj Rashid told Al-Furat News that "the budget bill for the year 2020 has not reached the House of Representatives yet now," indicating that there is a disagreement regarding the clause of the Kurdistan region handing over 250 thousand barrels of its oil production to the National Marketing Company (SOMO). .
He pointed to "determine the budget for the region 's share increased by 12.6% and the terms of polychlorinated 10 and 11 of the draft law."
He revealed Rashid about "the existence of 78 F degrees and careers , including more than 33 thousand degrees to the Ministry of Health."
predicted "the arrival of the budget bill for 2021 to parliament Within 45 days. ”
A representative source ruled out including the draft federal budget law for the year 2020 in the agenda of the parliament scheduled to resume its sessions next Saturday. The
source confirmed to {Al Furat News}" that the draft budget law has not yet reached Parliament. "
It is noteworthy that the Council of Ministers voted in an extraordinary session last Monday on the draft fiscal budget law for 2020, and referred it to the House of Representatives for approval.
Ammar Al-Masoudi

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KRG DELEGATION TO DISCUSS BUDGET WITH FEDERAL OFFICIALS ON SEPTEMBER 20

The Kurdistan and Iraqi flags (File) 

4 Hours ago 

https://www.nrttv.com/En/News.aspx?id=23931&MapID=1

 

SULAIMANI —Member of the Kurdistan Regional Government’s (KRG) negotiating delegation Zagros Fatah said on Thursday (September 17) that Regional officials will visit Baghdad on September 20 to discuss the federal budgeting process.

Fatah told the Kurdistan Democratic Party’s (KDP) official media outlet that the delegation will include representatives of the planning and finance ministries, adding that the focus would be coming up with the Region’s share of the budget.

In the 2019 budget, it was set at 12.67 percent, down from 17 percent in previous budgets.

In April, Baghdad cut off all budget transfers to Erbil in retaliation for its failure to send the federal government any of the oil it was required to under the 2019 federal budget law, causing a severe disruption in the Region’s finances.

Some funding was restored in a deal between the two governments last month, but it is a temporary agreement contingent on Erbil meeting certain conditions.

Fatah added that the delegation hopes to inject some long-term planning into the draft budget, setting out mechanisms that cover the next three years.

(NRT Digital Media)