yota691 Posted January 15, 2021 Author Report Share Posted January 15, 2021 Iraq .. Speaker of Parliament discusses the draft budget for 2021 with the Minister of Finance The head of the Iraqi parliament receives the Minister of Finance January 14, 2021 12:35 PM Mubasher: The Speaker of the Iraqi Council of Representatives, Muhammad Al-Halbousi, today, Thursday, received the Minister of Finance, Ali Abdul-Amir Allawi . The meeting discussed, according to a statement by the Media Office of the Speaker of Parliament, the financial challenges facing the country at the current stage, and the draft federal budget bill for the fiscal year 2021. Al-Halbousi stressed the importance of limiting the repercussions of the current financial situation on the economic situation in the country, and working on developing plans and procedures required to confront the current financial crisis, overcome its repercussions and protect citizens' rights . During the Wednesday session, the House of Representatives, headed by Vice President Bashir Al-Haddad, continued to discuss the draft federal budget bill for 2021. The interventions of the deputies regarding the draft budget law, according to a statement by the Media Department of the Council, demanded the reform of the agricultural and investment sectors. By granting Iraqi investors opportunities to contribute to reforming the economic reality, overcoming the financial crisis, and canceling rounds of licenses contracts with foreign companies, as if they share the ownership of local projects with Iraqis. The deputies called for following up on the revenues of mobile companies and obligating them to pay the debts incurred by them, and for the budget to include allocations for the mobilization of the Ministry of Defense and good signs in Diyala Governorate, and to support the compensation file for citizens who have rights owed by the government. Al-Haddad directed the General Secretariat of the House of Representatives to address the government regarding the reasons for not disbursing farmers ’dues for several years, despite previous communications on the same issue. 2 1 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 15, 2021 Author Report Share Posted January 15, 2021 To discuss the budget with the concerned authorities ... Parliamentary finance sub-committees are formed Editing date: 01/15/2021 14:56 • 49 read times http://www.alliraqnews.com/uploads/news/image/medium/story_img_600182f339fa6.jpeg [Baghdad-Where] Parliamentary Finance Committee continues to discuss the draft federal budget law for 2021 with the relevant ministries and government agencies. A member of the committee, Sherwan Mirza, said that the Finance Committee initially discussed all the paragraphs and items of the draft federal budget law for 2021. He added: The Finance Committee has formed sub-committees to meet with ministries, government agencies and governorates to discuss the items and allocations in the draft budget law. He explained: The sub-committees will begin their duties from tomorrow, Saturday, and the Finance Committee will then discuss the articles of the budget bill in detail. 2 Link to comment Share on other sites More sharing options...
yota691 Posted January 15, 2021 Author Report Share Posted January 15, 2021 Representative economy: The 2021 budget included controversial items, most notably the payment of Kurdistan's debts 11:55 - 15/01/2021 The information / Baghdad A member of the Parliamentary Economic Committee, Representative Nada Shaker, confirmed, Friday, that the 2021 budget included controversial items, the most prominent of which is the payment of the debts of the Kurdistan region. Shaker said in an interview with "the information", that "according to the constitution, the Kurdistan region has no right to external borrowing, just as no one knows where those loans went, which are in huge sums of money, but it is controversial that they be placed in an item in the 2021 budget for the federal government to pay them, expressing its anger Which is going to be far from fair. Shaker added, "The amount of money allocated to the Kurdistan region is equivalent to what was allocated to 9 southern and central governorates in the 2021 budget, stressing that what is happening is something that raises many question marks and will call for a parliamentary stance to support the rights of all Iraqi provinces without exception." Tomorrow, the House of Representatives will begin a thorough discussion of the items of the 2021 budget, which contain high numbers for many chapters, especially expenditures and debt repayment. 2 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted January 15, 2021 Report Share Posted January 15, 2021 How many more times are they going to discuss this? Geesh 3 Link to comment Share on other sites More sharing options...
horsesoldier Posted January 15, 2021 Report Share Posted January 15, 2021 8 minutes ago, WheresmyRV? said: How many more times are they going to discuss this? Geesh Talkers not Doers huh. 2 1 Link to comment Share on other sites More sharing options...
6ly410 Posted January 15, 2021 Report Share Posted January 15, 2021 ERBIL — The parliament of Iraq is set hold a second sitting for discussions on the government-proposed budget bill of 2021, a lawmaker said. MP Rezan Diler told BasNews that the Saturday’s session is scheduled for 15:00 (Baghdad Time) which will allow the lawmakers to continue the discussions on the budget bill. On the position of the Kurdish factions, Diler pointed that the Kurds need to remain united in order to have the bill passed for serving the best interest of the people of Kurdistan Region. 1 2 Link to comment Share on other sites More sharing options...
6ly410 Posted January 15, 2021 Report Share Posted January 15, 2021 Iraq: revenues for a whole year are "hidden" and obstructed "the 2021 budget" with its "frightening deficit": the country will be flooded with new international loans! 2021-01-15https://yesiraq.com/العراق-إيرادات-عام-كامل-مبهمة-وتعرقل/ Yes Iraq - Baghdad The interpretations and accusations surrounding the 2021 budget law in Iraq are escalating, while the House of Representatives is trying to amend the draft law to be correct and clear and away from some of the vague paragraphs in it, according to the statements of the relevant committees. Today, Friday, MP Abdel-Khaleq Al-Azzawi said that one of the biggest problems in the 2021 budget is the lack of knowledge of the revenues achieved in 2020 in order to clarify the vision for building the 2021 budget. Al-Azzawi said in statements monitored by "Yes Iraq": "One of the most important and biggest problems in the 2021 budget is the lack of knowledge of the size of the financial revenues achieved in 2020, whether from oil, outlets, communications, or the rest of the other revenues, and this is a big problem." The deputy in the Parliamentary Security Committee added, "Knowing the actual revenue size for the past year provides us with a vision through which to build the 2021 budget and control the size of the fiscal deficit in the 2021 budget, which is still a very large number according to the available indicators." He pointed out that "the budget in general is not austere, and needs time to complete because of the presence of difficult files, must be agreed upon, especially the Kurdistan region file and its entitlements and obligations towards the federal government." For her part, a member of the committee, Magda Al-Tamimi, said in a statement that “Parliamentary Finance Committee meetings are continuing to discuss the articles of the 2021 budget, in preparation for making amendments to them in a way that suits the current stage data and takes into account the interest of the state and the citizen.” Al-Tamimi indicated, "The committee's work for late hours because it is keen to vote on the budget as soon as possible," stressing "the committee's determination to reduce total expenditures and maximize other revenues to reduce the deficit percentage and direct the use of resources to achieve the public interest." The Parliamentary Finance Committee confirmed, yesterday, Thursday, that the biggest risk of the 2021 budget is that the government is seeking to finance the deficit through loans from international banks. A member of the Finance Committee, Ahmed Al-Saffar, confirmed: "The 2021 budget is one of the most dangerous budgets for overlapping reasons." He added that "among the reasons is the government raising the amount of consumer goods, despite the financial and consumer crisis. There is no financial return such as investment," noting that "this increase in consumer goods has led to a frightening increase in the budget deficit." Al-Saffar said, "The government is seeking to fully pay the large deficit in the 2021 budget through international loans and flood Iraq with debt." He continued, "This step, if passed, would destroy the Iraqi economy. We must transfer and reduce expenditures to reduce the deficit and not allow the government to cover it from borrowing. Yesterday, Thursday (January 14, 2021), the Iraqi Council of Representatives announced the continuation of the session to discuss the draft budget law for 2021. "The session to discuss the federal budget 2021 will continue on Saturday 1/16/2021, at three in the afternoon," the council’s media department said in a brief statement Link to comment Share on other sites More sharing options...
6ly410 Posted January 15, 2021 Report Share Posted January 15, 2021 Representative economy: The 2021 budget included controversial items, most notably the payment of Kurdistan's debts 11:55 - 15/01/2021 https://www.almaalomah.com/2021/01/15/515439/ The information / Baghdad A member of the Parliamentary Economic Committee, Representative Nada Shaker, confirmed, Friday, that the 2021 budget included controversial items, the most prominent of which is the payment of the debts of the Kurdistan region. Shaker said in an interview with "the information", that "according to the constitution, the Kurdistan region has no right to external borrowing, just as no one knows where those loans went, which are in huge sums of money, but it is controversial that they be placed in an item in the 2021 budget for the federal government to pay them off, expressing its anger." Than it is because it is far from fair. Shaker added, "The amount of money allocated to the Kurdistan region is equivalent to what was allocated to 9 southern and central governorates in the 2021 budget, stressing that what is happening is something that raises many question marks and will call for a parliamentary stance to support the rights of all Iraqi provinces without exception." Tomorrow, the House of Representatives will begin a thorough discussion of the items of the 2021 budget, which contain high numbers for many chapters, especially expenditures and debt repayment 1 2 Link to comment Share on other sites More sharing options...
6ly410 Posted January 15, 2021 Report Share Posted January 15, 2021 The Iraqi government plans to respond to the financial crises in the wake of the COVID-19 pandemic by addressing the root causes of Iraq’s vulnerability to external shocks. The government has laid out a plan, known as the White Paper, which aims to fix the fault lines of the economy and by extension, the political system that fostered them. A key aspect is to enable the Ministry of Finance to deal with the complexities of managing the budget in the current crises. A new Atlantic Council Iraq Initiative report, “Gone with the Muhasasa: Iraq’s static budget process, and the loss of financial control,” authored by Ahmed Tabaqchali, chief investment officer at AFC Iraq Fund, outlines the inefficiencies inherent in Iraq’s current budget process and recommendations for a revamped, dynamic, and transparent budget mechanism. https://www.atlanticcouncil.org/wp-content/uploads/2021/01/GONE_WITH_THE_MUHASASA-_IRAQS_STATIC_BUDGET_PROCESS_AND_THE_LOSS_OF_FINANCIAL_CONTROL.pdf 7 Link to comment Share on other sites More sharing options...
DWS112 Posted January 15, 2021 Report Share Posted January 15, 2021 14 minutes ago, 6ly410 said: The government has laid out a plan, known as the White Paper, which aims to fix the fault lines of the economy and by extension, the political system that fostered them. 2 4 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Dedicating today's session to listen .. Read 40 articles from the budget Saturday January 16, 2021 38 Baghdad: Shaima Rasheed The Parliamentary Finance Committee confirmed that the meetings are continuing to study the terms of the 2021 draft budget, as the committee has completed 40 articles out of 57, at a time when the House of Representatives devotes a session on Saturday to listen to the remarks of the representatives and the blocs on the budget. Committee member Jamal Cougar said, in an interview with «Al-Sabah»: The “Financial Committee arrived in its reading of the budget provisions of Article 40; She had 17 articles left, but she did not decide on them and she only held discussions about them. He added, "The committee has not decided its issue yet regarding the budget, and there is sufficient time to finish it before the legislative recess, and if it needs another time, the legislative season will be extended." Adding that "5 sub-committees have been formed that work to reduce expenditures by sitting with all ministries and agencies." To look at the expenses and what can be reduced from them ». Cougar added, "The committee started its meetings with simple ministries, such as labor, social affairs and justice, that is, those that do not need huge budgets, as well as meeting with the Presidency of the Republic, the Supreme Judicial Council and the Federal Court." On the sums allocated for detergents for the Presidency of the Ministers and Parliament, Cougar stated that "the government has allocated an amount of 3 billion dinars, or 2 million dollars, as detergents for the whole government and not for the presidency, and this amount is for a whole year and not the large amount, however it is subject to reduction." 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Reference Iran / Iraq gas bill!!! Sanctions Parliament examines customs tariffs on raw materials Saturday January 16, 2021 8 Baghdad: Morning A member of the House of Representatives, Representative Taha Al-Defense, identified obstacles to the advancement of local factories, while assuring that a parliamentary request was submitted to resolve the issue of customs tariffs on raw materials. In a statement to the Iraqi News Agency (INA), Al-Defense said: “There are many problems facing the private sector, including the economic challenges that the country is going through,” indicating that “among the other problems that the factories suffer from is the high customs tariff for the raw materials involved in the industries.” . He pointed out that "a request has been submitted to the Deputy Speaker of Parliament in order to discuss this issue and know the extent of its impact on the national product." With regard to the issue of Iraqi gas, Al-Defense explained that “the Ministry of Oil was late in finding solutions to burning gas,” noting that “the gas is supposed to be exploited and the Ministry of Electricity’s stations equipped with it, especially since most of the stations depend on gas in their operation, which forced the import of gas. Iranian ”. He stressed "the existence of efforts to exploit gas and convert it to run electric power, and according to the statistics of the Ministry of Oil, the coming years will be self-sufficiency in Iraq of gas." 2 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliamentary "economy" in Iraq submitted a proposal for private sector companies after raising the price of the dollar Iraqi Council of Representatives - archive photo January 15, 2021 07:20 PM Mubasher: The Parliamentary Economy and Investment Committee in the Iraqi Council of Representatives announced submitting a proposal to private sector companies after raising the price of the dollar. Committee member Riyad Al-Tamimi said in a statement to the Iraqi News Agency (INA): "The high price of the dollar will be a tributary to the budget, but it does not serve the private sector, especially since the contracts and companies' contracting were done at the previous price, and that there are more than seven thousand projects referred to companies, and they were dealing The price of the previous dollar, which is 120 thousand dinars, and the rise of the dollar will kill the private sector. " Al-Tamimi said, "The economic crisis that passed the world in 2014 affected many companies in the private sector." He continued, "The committee submitted a proposal to have a contract attachment for these companies so that there is no waste of public money, and companies do not stop completing their projects," stressing that "the white paper must be within the institutions that manage the state's work in order to be able to fix things." And restore its prestige and fight corruption and slack so that real reform is achieved. " He pointed out that "the Parliamentary Economic and Investment Committee had a vision before the rise in the dollar exchange rate, and several proposals were submitted to the Prime Minister and the concerned departments of the committee in order to supplement the budget, and a meeting was held with the Prime Minister to discuss these proposals," stressing that the prime minister's proposals came in support of the plan The committee by supporting the economy, investment, agriculture and trade, as well as controlling investment. 3 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliamentary Finance ends reading 40 articles from the budget Time: 01/16/2021 11:15:40 Read: 2,665 times {Baghdad: Al Furat News} Today, Saturday, the Parliamentary Finance Committee announced that meetings are continuing to study the provisions and articles of the federal budget bill for 2021. Committee member Shirwan Mirza said in a press statement, "The Finance Committee continues to discuss the articles of the budget bill and has finished reading 40 articles of the draft law in the first place." He added, "The Finance Committee has formed sub-committees to meet with ministries, government agencies and governorates to discuss the items and allocations in the draft budget law." He explained, "The sub-committees will begin their duties today, Saturday, and the Finance Committee will then discuss the articles of the draft budget law in detail." The House of Representatives is scheduled to hold its regular session today, Saturday, in which it will continue to complete discussion of the draft fiscal budget for 2021. Ammar Al-Masoudi 2 Link to comment Share on other sites More sharing options...
md11fr8dawg Posted January 16, 2021 Report Share Posted January 16, 2021 Yota, my man, you must have a lot of worms, because you sure re the early bird!!😜 1 1 Link to comment Share on other sites More sharing options...
md11fr8dawg Posted January 16, 2021 Report Share Posted January 16, 2021 The parliament of Iraq is set hold a second sitting for discussions on the government-proposed budget bill of 2021. Did they leave the h out of one of those words in this statement??? 2 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliament resumes its session today to discuss the budget bill Political| 02:57 - 01/16/2021 BAGHDAD - balances News resumes the House of Representatives, Saturday, its No. 35 to discuss the draft Financial Budgeting Act of 2021. He said MP from the Patriotic Union of Kurdistan bloc the House of Representatives, Hussein Nermo, said that " the Council will resume its 35th day, at three o'clock in the afternoon. He : The session will discuss the draft fiscal budget bill for 2021. The Presidency of the House of Representatives had raised its 34th session on Wednesday, after which it began holding the 35th session to hold the second reading and vote on a number of draft laws, and kept them open. 2 4 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliament resumes its session to complete the debate on the 2021 budget 16:00 - 01/16/2021 The information / Baghdad .. On Saturday, the House of Representatives resumed its 35th session chaired by the First Vice President of Parliament, Hassan Al-Kaabi, to discuss the 2021 budget. The head of the Bayariq al-Khair bloc, Muhammad al-Khalidi, revealed, on Saturday, the parliamentary committees ’intention to reduce the budget numbers in a comprehensive manner, indicating that the budget crisis is large and the disagreements are deep and they need political consensus. To that, the deputy of the Al-Fateh Alliance, Mukhtar Al-Mousawi, confirmed, Thursday, that the House of Representatives was convinced of the failure of the government of Prime Minister Mustafa Al-Kazemi at all levels. 25 S. 1 2 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliament resumes discussion of the draft federal budget law chaired by Al-Kaabi 01/16/2021033 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliament resumes its session Time: 01/16/2021 15:40:35 Read: 1,040 times {Baghdad: Al Furat News} The House of Representatives resumed its 35th session chaired by the First Deputy Speaker of Parliament, Hassan Al Kaabi. Parliament is scheduled to complete its discussion of the fiscal budget bill for 2021. 1 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliamentary education calls for a wait in the approval of the names of free lecturers in Diyala Time: 01/16/2021 16:36:26 Read: 195 times The Parliamentary Order Committee formed by No. (11) for the year 2021 headed by Representative Qusay Mohsen al-Yasiri, head of the Parliamentary Education Committee, demanded today, Saturday 01/16/2021, to wait for the approval of the names and send them to the concerned ministry until the orders and instructions are confirmed and the safety and integrity of the procedures indicated, referring to the decision of the Council of Ministers No. 59, which stipulates that the contract with free lecturers will be for the year 2020 and earlier, with the assurance that the Education Committee had previously addressed the Diyala Governorate, through which it demanded fairness to the free lecturers and contracted with them, just like their peers in other governorates, as the governorate did not implement contracting procedures with them and it is therefore late Its procedures The purpose is to complete the tasks of the paradise, the parliamentary matter formed, and in order to consider the applicants ’complaint by a number of lecturers in Diyala province regarding contracting with them, it is necessary to know the province’s actual need for free lecturers and why they were not contracted in previous years, and what are the instructions on the basis of which the announcement was made. On the acceptance of lecturers, the names of the formed committee and their job addresses as well as the number of applicants, their specializations, the number of admissions and the reserve of them. 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 The Iraqi Parliament rejects large deductions from the salaries of employees in the 2021 budget The Parliamentary Finance Committee in Iraq presents a proposal to solve the crisis of large deductions from the salaries of employees in the 2021 budget January 16, 2021 1:52 PM Mubasher: The Parliamentary Finance Committee in Iraq submitted a proposal to refer to the income tax law and apply it in the event that employees' salaries are deducted, instead of what is included in the upcoming budget law. Majida Al-Tamimi, a member of the Parliamentary Finance Committee in Iraq, said in a special statement to the Iraqi News Agency, "INA", today, Saturday, that the Finance Committee and Parliament in general reject those large deductions for employees' salaries, pointing out that the deductions in the budget came under the title of the Income Tax Law. Al-Tamimi stated, "As for whether the deductions will be retroactive during the current year, the budget law is applied from the date of its publication in the Official Gazette." Last Wednesday, the House of Representatives discussed the draft general budget bill for 2021, while confirming the continuation of the discussion during today's session. 1 Link to comment Share on other sites More sharing options...
TexAg91 Posted January 16, 2021 Report Share Posted January 16, 2021 In the end, as it always has, it will come down to complaints by the Kurds, or complaints about the Kurds, to justify punting on HCL talk. The budget will be amended to remove any hydrocarbon laws (or 'major' developments) proposed by the finance committee, and will then be passed. As best as I can tell, the GOI does not perceive any real, urgent, pressures which would necessitate fundamentally altering their currency stance. Will that change "some day"? Undoubtedly. Is that day, a day which falls in the first 3 months of this year? Doubtedly. 3 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Al-Kaabi calls for taking into account the conditions of the provinces of Najaf and Karbala and providing the ration items in the budget Time: 01/16/2021 17:15:01 Read: 1,209 times (Baghdad: Al Furat News) The First Deputy Speaker of Parliament, Hassan Al-Kaabi, called for taking into account the conditions of the holy provinces of Najaf and Karbala and providing the ration card items in the 2021 budget. Al-Kaabi instructed, during his presidency of the parliament session, today, Saturday, to "study all the proposals and demands submitted by the ladies and gentlemen in relation to the 2021 budget, while he called the Parliamentary Finance Committee to" take into account the conditions of the holy provinces of Najaf and Karbala, which receive millions of visitors annually, which requires more services. ". He also stressed Kaabi that" the budget should focus on improving and providing the ration card items and considered as a first priority because of the damage to the citizen as a result of raising the value of the dollar and high prices. " Wafa Fatlawi Link to comment Share on other sites More sharing options...
yota691 Posted January 16, 2021 Author Report Share Posted January 16, 2021 Parliamentary Finance intends to reduce the difference in the approved oil price in the budget 16:36 - 01/16/2021 Information / Special ... The Parliamentary Finance Committee announced, on Saturday, its intention to change the price of a barrel of oil approved in the budget and make the difference between the sale price and the credit between 5 to 6 dollars. A member of the Finance Committee, Faisal Al-Issawi, told / Al-Maalouma / that "the difference between the price approved in the budget for the price of a barrel of oil and the sale is very large, amounting to about $ 15." He added that "the budget cannot be passed at the approved price according to the draft submitted by the government," noting that "the committee intends, after consulting with the government, to raise the price of accreditation and make the difference between 5 to 6 dollars." He explained that "raising the price of credit and reducing the difference will reduce the proportion of the deficit in the budget," noting that "many chapters will be reviewed during discussions on the budget that will reduce the deficit percentage." 1 Link to comment Share on other sites More sharing options...
Recommended Posts