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In the document ... Parliamentary Finance calls on Al-Kazemi to start implementing the provisions of the White Paper


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In the document ... Parliamentary Finance calls on Al-Kazemi to start implementing the provisions of the White Paper
  
{Baghdad: Al Furat News} The Parliamentary Finance Committee called on Saturday, Prime Minister Mustafa Al-Kazemi to start implementing the provisions of the White Paper for reform.

According to a document issued by the head of the committee, Haitham al-Jubouri, obtained by {Al Furat News}, in which he confirmed that most of what was mentioned in the white paper falls within the powers of the executive authority, indicating that it must specify the timings necessary for implementation.
Ali al-Rubaie

 

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In the document: The Financial Committee sends urgent proposals to the government to solve the economic crisis

 

111 Policy November 28, 2020 16:55 Baghdad Today -

Baghdad The Parliamentary Finance Committee announced sending its reform paper for the financial crisis to the government. "The proposals sent by the Finance Committee to the Council of Ministers include urgent solutions to the financial crisis and give the government a real opportunity to remedy its repercussions or mitigate them at the very least," Muthanna Abdul Samad Al-Samarrai, deputy head of the Parliamentary Finance Committee, said in an official statement. Al-Samarrai pointed out that "the Finance Committee sent a letter to the government demanding the necessity of implementing the recommendations of the white paper presented by the Ministries of Finance and Planning, given that most of these recommendations fall within the jurisdiction and powers of the executive authority, and that the committee emphasized the necessity of determining the necessary timings and institutions responsible for implementing the recommendations in order for Parliament to Performance monitoring and evaluation. " Al-Samarrai explained that "the Finance Committee works in a team spirit and hopes that this will be reflected in its joint work with the government to overcome the crisis that the country is going through with the least possible damage to its economy, especially since continuing borrowing will have serious future repercussions, not only on the country's economy but also on Its unity and sovereignty, and it gives the international monetary institutions the opportunity to control our economic situation in general. "

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Parliamentary Finance calls on the government to start implementing the provisions of the `` White Paper ''

 

251 Policy 11/28/2020 14:50 am Baghdad today -

Baghdad Today, Saturday (November 28, 2020), the Parliamentary Finance Committee in the House of Representatives called on the government of Prime Minister Mustafa Al-Kazemi to start implementing the provisions of the White Paper. And included a document issued by the committee and addressed to the Presidency of the Council of Ministers, that "based on the solidarity responsibility of the Iraqi Council of Representatives, represented by the Parliamentary Finance Committee, we invite you to start implementing the provisions of the white paper that you submitted to the Finance Committee." She added, "The fact that most of what was mentioned in it falls within the powers of the executive authority to determine the timelines for implementation and the institutions responsible for their implementation, so that performance can be monitored and evaluated . " And she continued, "We would like to send you some additional urgent reform measures proposed by the Finance Committee, which can be reflected positively in the short term to address the financial and economic crisis that the country is going through, hoping to work on it."

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The Financial Committee of the Iraqi Parliament sends its reform paper to the government

The Financial Committee of the Iraqi Parliament sends its reform paper to the government
Iraqi Parliament
 

Mubasher: The Parliamentary Finance Committee, headed by Representative Haitham Al-Jabouri, sent its reform paper on the financial and economic crisis to the government. This is based on the joint responsibility of the House of Representatives represented by the Finance Committee.

According to a statement issued by the Information Office of the Iraqi Council of Representatives, the reform financial committee paper included some urgent measures that would positively affect the economic crisis that the country is going through.

The committee called on the government to determine the timings and institutions that will implement the white paper for economic reform, since most of what is mentioned in it falls within the powers of the executive authority, so that the parliament can monitor and evaluate performance.

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The Iraqi Prime Minister , Mustafa Al-Kazemi, said that the white reform paper presented by the government to the political forces is a draft solution to the chronic economic management crisis, complete dependence on oil and not to diversify sources of income.

Al-Kazemi stressed that addressing economic challenges is not an easy task, and that the current crisis is systematic, not related to this government and its procedures, and it needs real and radical reform and long-term plans to overcome it, stressing the need for integration in work between the authorities to achieve what we seek.

The Iraqi Finance Minister , Ali Allawi, said that the reform paper boldly identified the most important productive, economic and financial sectors, expanding the field of investment, and upgrading the private sector in the near term to advance it quickly, in support of improving income and creating decent job opportunities, which would reduce unemployment and poverty rates in society.

And the Iraqi Council of Representatives voted, on November 12, 2020, on the financing of the fiscal deficit .

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The Parliamentary Finance Committee announced the “recommendations made from three axes represented by a package of reforms”

The reporter of the Finance Committee, Ahmed Al-Saffar, said that "the first recommendation is related to maximizing revenues and rationalizing or reducing expenditures."

Al-Saffar added: The recommendations of the Finance Committee’s paper are a package of reforms. The white paper requires will, boldness and specialized management.

Al-Saffar indicated that the obstacles facing the White Paper are political, security and other aspects related to corruption, as the paper aims at reforms that harm the interests of some influential people.

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"Al Ahd News" obtained a copy of the Parliamentary Finance Committee's proposals for dealing with the financial crisis that Iraq is going through:
Below is the text of the proposals:

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Editing date: 11/29/2020 14:51 • 38 times read
http://www.alliraqnews.com/uploads/news/image/medium/story_img_5fc38b4446e23.jpg
[Baghdad - Where]
The Parliamentary Finance Committee revealed today, Sunday, its recommendations, which are represented by a package of reforms consisting of three axes, stressing that the white paper contains reforms that harm the interests of some influential people.
The reporter of the Finance Committee, Ahmed Al-Saffar, said, "The recommendations of the Financial Committee's paper are a package of reforms consisting of three axes, the first relates to maximizing revenues and rationalizing or reducing expenditures, the second relates to re-correcting the course of the fiscal and monetary policy, and the third concerns the general economic policy in Iraq."
He added that "the white paper needs will, boldness and a specialized administration," noting that "the obstacles facing the white paper are political, security and other aspects related to corruption, as the paper aims at reforms that harm the interests of some influential people."
He pointed out that "the Finance Committee needs more than a month, at least, to approve the government's general budget for 2021."
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An economist reveals the mechanism of the "currency auction" and the reasons for the rise in the dollar
  
{Baghdad: Al Furat News} The economist Majid Al-Suri revealed, on Saturday, the mechanism adopted by the Central Bank to sell currency by auction, explaining the main reason behind the high exchange rates of the dollar in the country.

"The reasons for the rise in the value of the dollar are the insistence of the Ministry of Finance, and the white paper's insistence on changing the currency's rate, speculators took advantage of the matter, and exchanges outside the powers of the central bank and the authoritarian institutions are responsible for the market," he said.
And that "the banks for which the currency is sold is only a mediator between the central bank and merchants, and that what is related to the amount of remittances is not the responsibility and jurisdiction of the bank," noting that "government banks use their own money, not the money of the central bank."

He pointed out that "corruption is in the source of money, and that the central bank and banks deal in documents, and there is no judicial authority, and the validity of the issuances is verified," stressing that "the main problem is in the sources of money, tax and customs, and these numbers are in contradiction to those issued by the central bank."
He pointed out that "corruption is in the region’s outlets. The numbers are not recorded, but the quantities and numbers that it records do not match the bill, and even with regard to border outlets, and the tax does not practice its work properly." And taxes, and there is an incident that one of the correspondent banks found a difference in the price of the goods and refused to deal, and there is an international and Iraqi control on the issue of remittances.
He continued, "The Central Bank's instructions, the pressure of international organizations, the fight against smuggling and money laundering, he issued instructions for the necessity of implementing the money laundering law, and it is possible that one of those dealing with banks buys sums but distributes them to the merchants, so that the merchant is the beneficiary."
He pointed out that "the main purpose of hiding the names of the banks for reasons not knowing the amount of sale, and the names are not a secret, but to move away from the disputes that occur between the banks, and that the issue is according to the points that the bank gets from the evaluation and classification process carried out by the Central Bank."
And that "the process of selling the currency is mobile, and that the total sold amounts to 33 billion dollars for the last nine months, and this is less than what happened in previous years and does not depend on monetary policy and the central bank, but rather a financial and economic policy."
He stressed, "The central bank should not be held responsible for the failures of the Ministry of Finance in taxes and border crossings, and each ministry and the Ministry of Trade must do its work."

Raghad Daham

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On 11/28/2020 at 7:11 AM, yota691 said:

Parliamentary Finance Committee called on the government of Prime Minister Al-Kazemi to start implementing the provisions of the White Paper.

 OK I'm not being greedy here. And since these sand heads can only focus on one thing at a time ( ala, legislation that tip toes through Parliament ) then how about working on the one White Papers line item referencing the IQD rate?? That's not asking too much, is it??

 

GM and Happy Sunday Yota.

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Without amendments or reservations ... The green light to activate the "white paper" ... Iraqis face officially "harsh reforms"

11/28/2020

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Yes Iraq: Baghdad

 

Today, Saturday, the Parliamentary Finance Committee in the House of Representatives called on the government of Prime Minister Mustafa Al-Kazemi to start implementing the provisions of the White Paper.


And it included a document issued by the committee and directed to the Presidency of the Council of Ministers, that “Out of the solidarity responsibility of the Iraqi Council of Representatives, represented by the Parliamentary Finance Committee, we invite you to start implementing the terms of the white paper that you submitted to the Finance Committee.”👈


She added: "The fact that most of what was mentioned in it falls within the powers of the executive authority to determine the timelines necessary for implementation, and the institutions responsible for their implementation, so that performance can be monitored and evaluated."


And she continued: "We would like to send you some additional urgent reform measures proposed by the Finance Committee, which can be reflected positively in the short term to address the financial and economic crisis that the country is going through, hoping to work on it."

 

03858358-343d-489c-a9cf-3ee4da133e05.jpg?resize=500%2C672&ssl=1

 

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Text from document:

الى / مجلس رئاسة الوزراء - مكتب رئيس مجلس الوزراء المحترم
م / مقترحات للأصلاح المالي والأقتصادي .

إنطلاقاً من المسؤولية التضامنية لمجلس النواب العراقي ممثلاً باللجنة المالية النيابية؛
ندعوكم للشروع بتنفيذ بنود الورقة البيضاء التي قدمت من قبلكم الى اللجنة المالية كون أن
أغلب ما ورد فيها يقع ضمن صلاحيات السلطة التنفيذية على أن تحدد التوقيتات الزمنية اللازمة
للتتفيذ والمؤسسات المسؤولة عن تنفيذها ليتسنى مراقبة الأداء وتقييمه.
كما نود أن نرسل لكم بعض الأجراءات الاصلاحية العاجلة الاضافية والمقترحة من قبل اللجنة
المالية والتي يمكن أن تنعكس إبجابأ خلال الأمد القريب لمعالجة الأزمة المالية والاقتصادية التي
يمر بها البلد. راجين العمل بها... مع التقدير.

نسخة منه الم :
‎ -‏ سيادة رئيس ممئس النواب المحثرم ... للعضل بالاطلاع ... مع التقدير.
- وزارة المالية - مكت الوزير ... لنفس الغرض اغلاه ... مع التقدبر.

 

translation:

 

To / the Cabinet of Ministers - Office of the respected Prime Minister
M / proposals for financial and economic reform.

 

Based on the joint responsibility of the Iraqi Council of Representatives represented by the Parliamentary Finance Committee;
We invite you to start implementing the terms of the white paper that you submitted to the Finance Committee, as it is
Most of what was mentioned in it falls within the powers of the executive authority, provided that it determines the necessary timings
For implementation and the institutions responsible for implementing it, so that performance can be monitored and evaluated.
We would also like to send you some additional urgent remedial measures proposed by the committee
The financial system, which could be reflected in the short term, in order to address the financial and economic crisis
The country passes by. We hope to work out ... with appreciation.

 

A copy of it:
His Excellency, the President of the Muhammed House of Representatives, forbidden to inform, with appreciation.
- Ministry of Finance - The Minister’s office ... for the same purpose, above it ... with due consideration.
- The Ministry of Infidelity - The minister piled up ... to spoil the imposition.
- The General Secretariat of the Cabinet Council - the Office of the Secretary General ... to make a discussion, with appreciation ...
- Muffler.

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Parliamentary Finance proposes three axes for reforms

 
  Baghdad: Shaima Rashid and Hazem Muhammad Habib 
 
The Parliamentary Finance Committee unveiled its recommendations to address the country's economic and financial situation, stressing that political, security and corruption-related obstacles stand in the way of the "white paper" presented by the government.
The reporter of the Finance Committee, Ahmed Al-Saffar, said: “The recommendations of the Financial Commission’s paper are a package of reforms consisting of three axes, the first relates to maximizing revenues and rationalizing or reducing expenditures, and the second relates to re-correcting the course of the fiscal and monetary policy, and the third concerns the general economic policy in Iraq. ».
He added, "The white paper presented by the government needs will, courage and a specialized administration," noting that "the obstacles facing the white paper are political, security and other aspects related to corruption, since the paper aims at reforms that harm the interests of some influential people." Finance needs more than a month at least, to approve the general budget of the government for the year 2021 «.
In turn, Committee member Jamal Cougar denied, in an interview with "Al-Sabah" "that there is any information about a reduction in employee allocations in the budget for next year," noting that "the government has not provided anything about the new salary scale."
A member of the Finance Committee stated that “the approval of the Civil Service Law will regulate the work of employees greatly, because it will be the university institution for all state employees in one institution.” He added, “One of the objectives of the Service Council is to set a unified scale and unified allocations,” indicating that “ There is a big discrepancy between one department and another in the distribution of allocations, which is unfair.
Cougar added, "Distributing these allocations fairly, allows the government to make transfers easily from one department to another, so these differences must be eliminated."
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Parliamentary committee calls on the government to start implementing the "white paper"

 
Baghdad: Morning 
 
 
Yesterday, Sunday, the head of the Parliamentary Committee to Follow Up the Government Program, Hazem Al-Khalidi, presented several proposals to maximize non-oil imports, and called on the government to begin its procedures to implement what was mentioned in the white paper.
Al-Khalidi said, in a press statement: “The proposals submitted by the Finance Committee are consistent with the reforms that we talked about at the time of discussion of the Fiscal Deficit Financing Law, which are general and necessary reforms looking to maximize non-oil revenues for the next period,” noting that “the previous period did not witness any Discussion or interest on the part of governments in the issue of promoting non-oil imports and relying completely on oil, which led to a major defect that caused the delay in salaries of employees.
He added, “Among the doors to maximizing imports are the border crossings in all provinces, including the Kurdistan region, which if automated and controlled electronically, it will enhance state revenues by an amount that may reach six billion dollars annually, in addition to controlling the currency auction will enhance imports The state is worth more than five billion dollars, and the mobile phone file and the fourth generation licenses may be an important supporter of non-oil revenues.
Al-Khalidi pointed out, “Moving on the cash reserve in the central bank is a catastrophic matter if it continues, and the government must implement its ministerial program in addition to expediting the completion of the budget for the next year and sending it to the House of Representatives because it is long overdue considering that the law obliged the government to send it before A month and a half to the House of Representatives ».
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  • yota691 featured this topic
27A36E58-634A-41CB-A36F-249AC89E7905-620

Parliament sends Al-Kazemi's government a reform paper for the financial crisis

In politics 29 November, 2020 13 visits

Baghdad / SNG-

On Saturday, the Parliamentary Finance Committee sent the Iraqi government a reform paper for the financial crisis, warning of dangerous future repercussions on the country's economy, unity and sovereignty .

A statement by the House of Representatives stated, "The Parliamentary Finance Committee sent a letter to the Council of Ministers demanding the necessity of implementing the terms of the" white paper "and specifying the timelines necessary for implementation and the institutions responsible for this so that performance can be monitored and evaluated. And which included urgent reform measures for the financial crisis that Iraq is going through .

The Deputy Chairman of the Parliamentary Finance Committee, Muthanna Abdul Samad Al-Samarrai, confirmed that "the proposals sent by the Finance Committee to the Council of Ministers include urgent solutions to the financial crisis and give the government a real opportunity to remedy its repercussions or mitigate them at the very least ."

He pointed out that “the Finance Committee sent a letter to the government demanding the necessity of implementing the recommendations of the white paper presented by the Ministries of Finance and Planning, given that most of these recommendations fall within the jurisdiction and powers of the executive authority, and that the committee emphasized the need to define the necessary timings and institutions responsible for implementing the recommendations in order for Parliament to monitor Performance and its evaluation .

Al-Samarrai explained that “the Finance Committee works in a team spirit and hopes that this will be reflected in its joint work with the government to overcome the crisis that the country is going through with the least possible damage to its economy, especially since continuing borrowing will have serious future repercussions, not only on the country's economy but also on Its unity and sovereignty, and it gives the international monetary institutions the opportunity to control our economic situation in general.

 

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