Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Parliamentary Finance: To vote on the new Iraqi budget within two weeks


Recommended Posts

Parliamentary Finance: To vote on the new Iraqi budget within two weeks

Parliamentary Finance: To vote on the new Iraqi budget within two weeks
Iraqi Parliament
 

Mubasher: The Parliamentary Finance Committee confirmed today, Friday, that the vote on the new budget will take place within a week or two.

MP Ahmed Hama, a member of the Finance Committee, told the Iraqi News Agency, "INA", today, Friday, that the committee has conducted a detailed and analytical reading of the materials in the budget, and all ministries, bodies and governors will agree to study the financial data and allocations.

Hama added that the Finance Committee reached to raise the budget law to the House of Representatives to vote on it, pointing out that the budget will be voted on within the committee during the two weeks or next week.

Hama continued, that the committee is currently studying all the articles in the budget from Article 1 to Article 58, indicating that the committee has studied the provincial budget file, and since the Provincial Council does not exist in the law, alternatives have been put in place to ratify provincial projects.

He stressed that the committee has not yet agreed or voted on these alternatives, and that the topic is in the process of discussion and amendment.

He pointed out that the committee did not discuss the issue of contracts, but it did study it, and that it needed financial allocations.

  • Thanks 1
  • Haha 3
  • Upvote 2
Link to comment
Share on other sites

Parliamentary Finance: The deficit in the Iraqi budget will not remain 71 trillion dinars

Parliamentary Finance: The deficit in the Iraqi budget will not remain 71 trillion dinars
Iraqi Parliament
 

direct: 

The Parliamentary Finance Committee confirmed today, Saturday, that the size of the budget deficit will not remain 71 trillion dinars, indicating that it is serious about making changes to the budget in line with the current situation of the country.

The committee's reporter, Ahmad Al-Saffar, told the Iraqi News Agency (INA): "The public spending in the budget will witness a clear reduction," noting that "the committee has identified clear pockets and points in the budget that will enable the government to maximize revenues."

Al-Saffar added that "the size of the budget deficit will be reduced and will not remain 71 trillion dinars, and that the change will extend to even the price of oil according to which the budget was calculated," indicating that "the committee is serious about making changes to the budget in line with the current situation of the country, and to achieve the best use or exploitation For public revenues. "

He continued, "There are some points of contention and some points that need to be repeated hosting because the committee needs to know some spending units and needs more information so that the committee can accurately determine the amounts that these units need," noting that "the committee does not need more than ten days." Or two weeks to reach a final budget study. "

Al-Saffar explained that, "With regard to the region’s share, tomorrow, Saturday, to host the region’s delegation from the Finance Committee and reach a consensus text, because the current text will undergo many changes and there are points of contention for the distribution of spending to the provinces," noting that "there is no equity in distribution." Or perhaps it needs redress for some of the affected and devastated governorates that suffer from deprivation and an increase in poverty, and these points will be decided next week. "

  • Thanks 1
Link to comment
Share on other sites

Parliamentary Finance: There is no deduction from the salaries of Iraqi employees for the year 2021

Parliamentary Finance: There is no deduction from the salaries of Iraqi employees for the year 2021
Iraqi Parliament - Archives
 

 

Mubasher: The Parliamentary Finance Committee in the Iraqi parliament confirmed that there is no deduction from the salaries of employees for the year 2021.

A member of the committee, MP Naji Al-Saidi, said in a statement to Al-Iraqiya News, which was followed by the Iraqi News Agency (INA), that "there is no deduction from the salaries of employees for the year 2021 except for higher grades."

 He added, "The funds that will be deducted from some luxury places in state institutions will be transferred to Resolution 315", affirming that "the committee has a technical vision about Resolution 315".

  • Upvote 1
Link to comment
Share on other sites

Al-Kaabi to “Al-Sabah”: Parliament moves to reduce the deficit before approving the budget

 
  Baghdad: Hazem Muhammad Habib 
 
First Deputy Speaker of Parliament, Hassan Karim Al-Kaabi, confirmed that Parliament is working to provide financial allocations for employee salaries, contracts, wage earners and free lecturers, indicating that Parliament is working to reduce spending and reduce the deficit before voting “soon” on the draft Federal Budget Law 2021. 
Al-Kaabi said in an interview with “Al-Sabah”: “The House of Representatives will take into consideration the basic principles of the budget represented in reducing the volume of expenditure of 164 trillion dinars, and reducing the 44% deficit by 71 trillion dinars from the total estimated budget of 93 trillion dinars, which was determined The base oil price is $ 42 per barrel.
He added, “Actual spending should be directed towards securing the necessary needs, especially with regard to treatments and vaccines for the Coronavirus, and farmers' benefits owed by the Ministry of Trade, as well as strengthening financial allocations to secure the ration card items, as well as expanding the base of coverage with social welfare benefits. Especially in light of the high prices after the decision to reduce the value of the dinar against the dollar, which negatively affected the poor and vulnerable classes of citizens, in addition to allocating an amount of three trillion dinars from the Central Bank to the Housing Fund as loans to purchase housing units and support small projects at an amount estimated at 125 million dinars per person “. In turn, a member of the Parliamentary Finance Committee, Naji Al-Saeedi, told (INA): "There is no deduction from the salaries of employees for the year 2021 except for higher ranks."
  • Thanks 2
Link to comment
Share on other sites

51 minutes ago, yota691 said:
January 22, 2021 10:39 PM

Mubasher: The Parliamentary Finance Committee confirmed today, Friday, that the vote on the new budget will take place within a week or two.

 

 

This time frame could be a bit scary folks. Think about it. In approximately 10 days, it will be February 2. And we all know what happened in the movie "Groundhog Day"  :o  Let's hope this time frame isn't a bad omen!  :praying::cowboy2:

  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

10 minutes ago, Smokey Mtn. Dinar said:

 

 

This time frame could be a bit scary folks. Think about it. In approximately 10 days, it will be February 2. And we all know what happened in the movie "Groundhog Day"  :o  Let's hope this time frame isn't a bad omen!  :praying::cowboy2:

Smokey, when did Iraq ever follow thru with a time frame or deadline ?

  • Haha 4
Link to comment
Share on other sites

  
%D8%A7%D8%AD%D9%85%D8%AF-%D8%AD%D9%85%D9

Information / Special ...

The Parliamentary Finance Committee confirmed, on Saturday, that it will host all ministers and governors to discuss the draft federal budget bill for 2021.

A member of the committee, Ahmed Hama, said in a statement to "the information", "The Finance Committee will host all the ministers and governors to discuss the budget paragraphs with them accurately," noting that "the hosting will include voting on the paragraphs within the committee."

He added that "voting on all the paragraphs will be sent by the committee to the draft law in its final form to head the parliament to set a date for voting on it," indicating that "discussion and voting within the committee will end during the current week."

The Parliamentary Economic and Investment Committee announced, today, Saturday, that the final version of the draft federal budget law for 2021 has not yet been delivered to the Presidency of the Council of Representatives.

The Parliamentary Integrity Committee confirmed, last Thursday, that the government of Prime Minister Mustafa Al-Kazemi prepared the draft federal budget law for 2021 in a way that enables it to exploit it for the electoral project. Ended 25 T.

  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

  
%D8%A7%D9%84%D9%86%D9%81%D8%B7-1-696x391

The information / Baghdad ..
Member of the Parliamentary Services Committee, Jasim Al-Bakhati, revealed, on Sunday, parliamentary efforts to adapt the legal conditions for about 2000 engineers working in the Ministry of Oil, indicating that the House of Representatives is keen to include Resolution 315 in the 2021 budget to equalize contracts with employees of owners.
Al-Bakhati said in a statement to Al-Maalouma, that "there are approximately 2,000 oil engineers seeking to Kiev their status in the 2021 budget."
He added that "the inclusion of contracts, oil engineers and other degree-holders is subject to passing the budget in the House of Representatives."
Al-Bakhati explained, "Approximately 109 thousand, between daily wages and decades, we seek to include them in Resolution 315 to adapt their conditions in the current year budget, similar to their employees.
The Parliamentary Labor and Social Affairs Committee announced earlier that it is seeking to include contract employees and lecturers covered by Resolution 315 in the draft federal budget law for 2021. End / 25 H

  • Upvote 1
Link to comment
Share on other sites

 
25745.jpg
 
  

 money and business


Economy News _ Baghdad

The Parliamentary Legal Committee revealed, on Sunday, that Iraq has not owned the final accounts since 2012.

Member of the committee, MP Hussein Al-Oqabi, said in a press interview that "Al-Eqtisad News" reviewed, that the salaries of employees are insured and are not linked to the period of approving the budget, stressing that the budget is difficult to approve during the coming days.

Al-Aqabi added that Iraq does not have final accounts since 2012, indicating that the current loans are draining the federal budget by 20% of the monetary mass.

 
 
Number of observations 124   Date added 01/24/2021
  • Thanks 1
Link to comment
Share on other sites

Today, Sunday, the Finance Committee held its 30th meeting to discuss the draft federal budget bill. For the year 2021.

 

A statement by the Media Department of the House of Representatives said, "The Finance Committee hosted the Head of the Anti-Terrorism Service, Lieutenant General Abdel-Wahab Al-Saadi and his accompanying delegation regarding the financial system's allocations within the budget law."

 

He added that "the sub-committee formed by the Finance Committee hosts the Director of the Oil Marketing Company (SOMO) and a delegation from the Central Bank within the discussions of the 2021 budget.

  • Upvote 4
  • Pow! 1
Link to comment
Share on other sites

A member of the Finance Committee, MP for the Patriotic Union of Kurdistan, Sherwan Mirza, confirmed today, Sunday, that next week will witness the vote on the budget after completing all observations and making amendments.

 

Mirza said in a statement to "Tigris", "Parliament will complete the amendments to the budget law on Thursday or next Wednesday and will present them at the beginning of next week for voting "

 

 He added that " the Parliamentary Finance Committee has received all the observations and proposals on the budget from ministers and representatives, and work will be done to solve all problems."

 

He explained that "the meetings are continuing and a group of governors will be hosted to discuss the entitlement of their cities and the most important service projects for the fairness of all "

  • Thanks 1
  • Haha 2
Link to comment
Share on other sites

 
  •  
 2021-01-24 07:35
 

Shafaq News / The Parliamentary Finance Committee revealed, on Sunday, the date of the meeting with the Kurdistan Region delegation, while it is likely that the draft budget will be finalized in the middle of next week.

 

Committee member Jamal Cougar told Shafaq News, "Until now, we have not met with the Kurdish delegation," it is likely that the meeting will be at 7 pm today.

 

He added, "Currently we are reformulating the draft budget, and we may finish it in the middle of next week, after which the parliament session will be determined to discuss the terms of the draft and approve the law."

 

A high-ranking delegation from the Kurdistan Regional Government arrived earlier today, Sunday, to the capital, Baghdad, to engage in a new round of talks in order to secure the region's share in the federal financial budget for 2021.

 

The delegation includes: Minister of Finance Awat Sheikh Janab, Minister of Planning Dara Rashid, Minister of the Region Khaled Shawani, and Chief of the Cabinet of Ministers of the region Omid Sabah.

 

The Finance Committee in the Iraqi Council of Representatives has been conducting, for more than two weeks, a series of meetings in the parliament building with the aim of collecting observations and making the necessary amendments to the draft budget law.

  • Thanks 4
  • Upvote 2
Link to comment
Share on other sites

13 hours ago, yota691 said:

Parliamentary Finance: To vote on the new Iraqi budget within two week

the new budget will take place within a week or two.

2 weeks? What day? What month? And what year? Come on iraq, you can do better than this. Just a remainder, next time give the exact date with exact day, month and year , so the readers don't get confused.

 

 

  • Haha 3
Link to comment
Share on other sites

2 minutes ago, Spartakus said:

They've said it was supposed to be this week. Never believe anything these people say, it would be naive. One of these days their budget will be voted on and passed, perhaps, and then what?

Nothing.

  • Upvote 1
Link to comment
Share on other sites

3 minutes ago, Spartakus said:

They've said it was supposed to be this week. Never believe anything these people say, it would be naive. One of these days their budget will be voted on and passed, perhaps, and then what?

The same rate 1460 on the budget for another 3 years ( year 2024 ) or unlimited time?

  • Thanks 1
Link to comment
Share on other sites

I would agree with you when this is applied to every, single government they have had since Sadam. BUT, and IMHO it's a big BUT, is that Kazemi is so far ahead of all his predecessors that he deserves our (US's) strongest support.  I have not seen another politician so "comparatively" honest in Iraq.

  • Upvote 2
Link to comment
Share on other sites

2 hours ago, haymon said:

o.gif

I really like this, we are moving forward! No light at the end of the tunnel! Think about this , all of us that hold dinar are in this tunnel! I can’t see you and you can’t see me! We are and always will be in this tunnel together till we find out one way or the other if Iraq will ever RV the currency we hold! I thought many times of getting rid of it all and try to get my life back. Then if I do get rid of it and miss this train, I can’t tell you what the let down would be for me! I still can’t get over the stupid move I made with Bitcoin! I had 4000 of those things and sold out for peanuts! If I only knew in 2013 what I know now! I would give all of my dinar away! I could be setting on a little over a $150,000,000! Now there is you some spilled milk! The Indians that sold Manhattan for some beads and blankets don’t have anything on me! Well let’s keep moving, follow the Yellow brick Road , follow the yellow brick road! To OZ we go!!! JMHO :easyrider:

  • Like 2
  • Upvote 4
Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Similar Content

    • By yota691
      Parliamentary Finance resolves the matter: We do not have any authority to change the price of the dollar
           2021-03-21 08:51    
      Shafaq News / The Parliamentary Finance Committee confirmed, on Sunday, that the parliament does not have any authority to change the exchange rate of the dollar against the Iraqi dinar in the general budget law, while noting that changing the price will affect the restructuring of the budget.
       
      A member of the committee, Ahmed Hajj Rashid, told Shafaq News, "It is not possible to reduce the exchange rate of the dollar in the budget law, and any change to that will affect the restructuring of the budget and change its provisions and the articles of the law."
       
      He added that "any change in the exchange rate will cause a decrease in financial revenues in the general budget law, higher expenditures and an increase in the financial deficit," stressing that "Parliament does not have any authority to change the exchange rate."
  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.