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

[yota691]

Parliamentary Finance denies exempting parliamentarians from income tax

Thursday 04 February 2021 196

 

  Baghdad: Shaima Rasheed

 

The Parliamentary Finance Committee denied reports that parliament members would be exempted from the proposed income tax as an alternative to deductions in the 2021 budget. Emphasizing that the tax includes everyone who receives a salary from the government, whether he is a parliamentarian or even the prime minister and president of the republic, the committee also attributed the delay in voting on the budget to the disagreement over the region’s share in it.

A member of the Finance Committee, Jamal Cougar, said in an interview with "Al-Sabah": "The committee continues in its meetings regarding the budget, and although it has come a long way in that, no date has been set for a vote on it due to lack of agreement on the clause of the region’s share."

He added, “What is rumored about parliamentarians not being included in income tax is untrue. Because this tax includes everyone who receives a salary from the government, whether a parliamentarian or someone else, or even the President of the Republic and the Prime Minister, ”noting the possibility that“ certain groups are exempted from this tax and those with limited income. ” Cougar added: “There is no article that passes through the Finance Committee without voting on it, and if it were not for the committee, the country would have collapsed economically,” as he put it, pointing out that “there is no link between employees and contractors, and the committee is trying hard to mitigate the damages of changing the dollar exchange rate on all segments, whether He was an employee or a contractor. ''

He indicated that «the committee went towards changing the deduction formula to income tax, and as for contractors, there is support for them to reduce the damages that resulted from the exchange rate difference during the period in which it was changed, until the expiration of this budget».

Yesterday, Wednesday, the Parliamentary Finance Committee held a new meeting to discuss the draft federal budget bill for the current year and hosted Oil Minister Ihsan Abdul-Jabbar.

In addition, the committee expressed its rejection of the irresponsible and contradictory statements made by MP Abdul Hadi Al-Saadawi.

[yota691]

The Financial Committee hosts the Chairman of the Federal Service Council on the budget in its 40th meeting

Political| 11:38 - 04/02/2021

 

 

 

 

BAGHDAD - Mawazine News
The Finance Committee in the House of Representatives hosted, on Thursday, the Chairman of the Federal Service Council on the General Budget Law, in its 40th meeting.
The media department of the council stated, in a statement that Mawazine News received a copy of, that "the Financial Committee held its (40) meeting today, at which it will resume discussions on the draft Federal Budget Law for 2021."
The statement added, "The meeting will host the President of the Federal Service Council and his accompanying delegation." Ended 29 / A43

[yota691]

Legal: Parliament members have no right to change the provisions for Kurdistan’s budget share

Political| 02:50 - 03/02/2021

 

 

 

 

Baghdad - Mawazine News
, legal expert, Tariq Harb, confirmed, on Wednesday, that the constitution prevents the House of Representatives from making changes to the draft budget law, stressing that the members of the Council do not have the right to change the paragraphs of the Kurdistan region’s share of the budget.
Tariq Harb said, in a statement to Kurdish media, that "the draft budget law is a state action plan, and the government is responsible for it, and the parliament cannot change it because it is not responsible for its failure. The House of Representatives on the budget bill is limited and not absolute, as is the case in all draft laws.
He explained that "the constitution, according to Article 62, granted the House of Representatives two powers with regard to the draft budget, which are to conduct transfers between budget chapters and chapters, and to reduce the total amount of the budget."
With regard to the share of the Kurdistan region and whether it delivers a specific amount of oil or the entire oil file, Tariq Harb stressed that "the House of Representatives is bound by what is stated in the draft law, and the representatives do not have the right to make a change in that. To the government. ”Ended 29 / A43

[yota691]

Parliament Rapporteur: The questioning of the governor of the Central Bank will be in my presence

16:14 - 02/04/2021

 

  

Information / Special ...

Parliament Rapporteur Khadija Ali revealed, today, Thursday, that the House of Representatives cannot rely on electronic interrogations in the case of the Central Bank Governor.

Khadija said in a statement to the "information agency", that "Parliament has many questions and inquiries that require the governor of the Central Bank to personally attend to Parliament and not through an electronic circuit," indicating that he is "carrying symptoms that prevent his attendance according to the health papers that arrived to the presidency of Parliament." .

With regard to the other interrogation sessions, Khadija noted that "Parliament will work to transfer her to the new legislative term."

And she indicated that "the council postponed the current legislative recess to approve projects and vote on the budget, and will continue the interrogations in the new legislative term."

Parliamentary sources called for the central bank governor to be questioned through the electronic department and in public sessions and not to be postponed to another date due to doubts about the validity of his infection with the Coronavirus. Ended QR 25

[yota691]

Sairun: Parliament Has Agreed To Solve The Problem Of The Region’s Share Before Voting On The Budget

Last updated Feb 3, 2021

 

The Independent / - MP for the Sabah Al-Ugaili Bloc confirmed that Parliament agreed to solve the region’s share problem before voting on the budget.

 

 

Al-Oqaili said in a press statement that its independent follow-up, that the Finance Committee is working very hard to finalize its final report on the budget, after hosting many relevant officials in the ministries, pointing out that next week may witness the completion of the preparation of the report in order to vote on the budget.

He explained that the political blocs are determined to develop solutions to the differences with the Kurdistan region on the budget to be a road map for the future in preparing budgets.

[yota691]

Deputy favors passing the budget with the approval of the region in the last moments

13:07 - 02/03/2021

 

  

The information / Baghdad ..
Member of Parliament, Siham Shenoun, confirmed, on Wednesday, that the pressure exerted by the region on the Finance Committee is great, including the threat of the region’s representatives to boycott the voting session, but it will not affect the fairness of distribution. The budget is likely to be passed with the approval of the region at the last moments.
Shannon said in a statement to / the information /, that “the region’s demands have been used to it every year when preparing annual budgets in an attempt to gain as much as possible from obtaining funds. However, the Finance Committee works according to the legal measurements and contexts without paying attention to the pressures exerted by the regional governments. When preparing annual budgets.
She added that "the waving of the region’s representatives after attending the session to vote on the budget is part of the pressures that are exerted at every budget, and thus it is retracted when they feel that all the doors are set in front of them."
The deputy from the State of Law coalition, Mansour Al-Baiji, demanded, today, to present the budget on the agenda of the nearest session in order to be passed by the political majority in the event that the Kurdistan Regional Government continues to procrastinate. Ended / 25 AD

[DWS112]

Parliament announces that its work will continue until the budget is approved

Feb 4, 2021

 

The Speaker of Parliament, Muhammad al-Halbousi, announced today, Thursday, that the parliament will continue its work until the approval of the draft federal budget bill for the fiscal year 2021.

On December 29, 2020, the House of Representatives had extended its first legislative term of the third legislative year for a period of one month, in order to complete many important legislations for the coming period, including the draft budget law.

[nannab]

Lock the doors no food no coffee and NO POTTY BREAK!!!!! 

Start cooking food in the cafeteria so they can smell it and that will make them pass everything.

Thank you DWS112

[tigergorzow]

8 minutes ago, nannab said:

Lock the doors no food no coffee and NO POTTY BREAK!!!!! 

Start cooking food in the cafeteria so they can smell it and that will make them pass everything.

Thank you DWS112

nannab thanks, Totally and Unequivocally agree and definitely got my chuckles on as well....😁😂🤣

 

GO RV & RI

[DWS112]

49 minutes ago, nannab said:

NO POTTY BREAK!!!!! 

Start cooking food in the cafeteria so they can smell it and that will make them pass everything.

If they pass everything, A POTTY BREAK would be the sanitary option.

[Half Crazy Runner]

1 hour ago, nannab said:

Lock the doors no food no coffee and NO POTTY BREAK!!!!! 

Start cooking food in the cafeteria so they can smell it and that will make them pass everything.

Thank you DWS112

Or maybe, LOTS of coffee with no potty breaks (might motivate them to hurry it up )

[horsesoldier]

2 hours ago, Half Crazy Runner said:

Or maybe, LOTS of coffee with no potty breaks (might motivate them to hurry it up )

Uh, one more item to include.... trays and trays of Fudge Brownies and LOTS of’em— ALL heavily spiked with Chocolate flavored EX-LAX. 
That ought to speed things up considering the restrooms will remain locked until the 2021 Budget has been passed. 😂

Edited February 4, 2021 by horsesoldier

[yota691]

Parliamentary Finance denies exempting parliamentarians from income tax

Thursday 04 February 2021 298

 

  Baghdad: Shaima Rasheed

 

The Parliamentary Finance Committee denied reports that parliament members would be exempted from the proposed income tax as an alternative to deductions in the 2021 budget. Emphasizing that the tax includes everyone who receives a salary from the government, whether he is a parliamentarian or even the prime minister and president of the republic, the committee also attributed the delay in voting on the budget to the disagreement over the region’s share in it.

A member of the Finance Committee, Jamal Cougar, said in an interview with "Al-Sabah": "The committee continues in its meetings regarding the budget, and although it has come a long way in that, no date has been set for a vote on it due to lack of agreement on the clause of the region’s share."

He added, “What is rumored about parliamentarians not being included in income tax is untrue. Because this tax includes everyone who receives a salary from the government, whether a parliamentarian or someone else, or even the President of the Republic and the Prime Minister, ”noting the possibility that“ certain groups are exempted from this tax and those with limited income. ” Cougar added: “There is no article that passes through the Finance Committee without voting on it, and if it were not for the committee, the country would have collapsed economically,” as he put it, pointing out that “there is no link between employees and contractors, and the committee is trying hard to mitigate the damages of changing the dollar exchange rate on all segments, whether He was an employee or a contractor. ''

He indicated that «the committee went towards changing the deduction formula to income tax, and as for contractors, there is support for them to reduce the damages that resulted from the exchange rate difference during the period in which it was changed, until the expiration of this budget».

Yesterday, Wednesday, the Parliamentary Finance Committee held a new meeting to discuss the draft federal budget bill for the current year and hosted Oil Minister Ihsan Abdul-Jabbar.

In addition, the committee expressed its rejection of the irresponsible and contradictory statements made by MP Abdul Hadi Al-Saadawi.

[yota691]

 

Parliamentary Finance resolves the controversy over changing the price of the dollar in the budget

 

•  

 2021-02-05 06:14

 

Shafaq News / The Parliamentary Finance Committee responded, on Friday, to the requests of members of Parliament regarding changing the price of the dollar in the budget law, while it confirmed that the price is fixed according to what is specified by the government.

Committee member Shirwan Mirza told Shafaq News Agency, "The price of the dollar is fixed and has not been tampered with, considering that it was determined according to the financial policy of the Iraqi government."

He added that "the requests of members of Parliament regarding changing the exchange rate of the dollar against the Iraqi dinar, do not go beyond being requests only," stressing that "the Parliamentary Finance Committee does not have any authority to change the exchange rate."

Mirza added, "The Parliamentary Finance Committee worked according to the powers granted to it only to amend and replace some articles of the budget law for the year 2021."

 

A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily revealed earlier to Shafaq News, that a request had been submitted by a group of deputies to change the exchange rate of the US dollar to 130,000 Iraqi dinars in the general budget law for 2021.

The Central Bank of Iraq had decided to raise the price of selling the dollar to banks and exchange companies to 1460 dinars, from 1182 dinars to the dollar, with the aim of compensating for the decline in oil revenues caused by the deterioration of oil prices.

[yota691]

Vice: the budget is 96% ready

Political| 02:54 - 05/02/2021

 

 

 

 

 BAGHDAD - Mawazine News
, MP for the Alliance of Saeroun, Riyadh Al-Masoudi, confirmed, on Friday, that the budget is ready for printing and sending by 96%, while indicating that the political solution is no longer useful regarding the Kurdistan share.
 Riyadh Al-Masoudi said in a televised interview, "The budget is 96 percent complete and is in the process of closing and printing to be sent to members of Parliament for the purpose of review."
 He added that "the ongoing discussions focus on the issue of the proportion of the Kurdistan region, and consultations to add job grades for employees of contracts and education."
 Al-Masoudi explained that "there are no conditions against the Kurdistan region, and the political solution is no longer effective," calling on the Kurdistan region to demand the application of the law and the constitution in order to work to restore the rights of Kurdistan employees. "Ended 29 / h.

[yota691]

The Financial Committee votes on a set of budget paragraphs

Sweeteners

2021-02-05 | 08:11

 

Source:

Sumerian

 

5,202 Views

 

 

The head of the House Finance Committee, Haitham al-Jubouri, announced today, Thursday, that the committee will vote on a set of decisions in the 2021 budget.

Al-Jubouri said in a statement that Alsumaria News obtained a copy of, that his committee voted to cancel the clause withholding the salaries of state employees and retirees, reducing the budget of the three presidencies by 20%, in addition to reducing the total deficit from 47% to 19%, meaning from 76 trillion dinars to 25 trillion Dinars, as well as reducing borrowing by 51 trillion dinars, and including the dues of lecturers, contracts and procedures. "

 

 

The statement pointed out that "the committee also voted to activate the principle of taxation in a scientific and thoughtful manner, and to increase the amounts for developing governorates from 2 trillion to 4 trillion, in addition to increasing the amounts of petrodollars for oil-producing provinces from 500 billion to one trillion dinars, while allocating all the sums allocated to the producing governorates." For oil and gas, considering it a guaranteed financial ceiling for referring service projects in the provinces.

Al-Jubouri explained, "The budget for arming the Iraqi army and the intelligence services has also been increased to develop their combat and information skills to confront the threat of terrorism, and the sums allocated to the social protection network over what is allocated to it in 2020 have been increased by a trillion and a half dinars to increase the number of families included in the grant while increasing the value of the grant." The same, as well as increasing the allocations of the Ministry of Education to enable it to print books and provide stationery for students.

 

 

He pointed out, "allocating funds to complete the production lines of the large factories in." The Ministry of Industry Adding that "the allocation of an amount to compensate those affected by changing the exchange rate from the private sector to ensure the continuation of projects at the request of The Ministry of Planning And the supervision of the Federal Office of Financial Supervision, as well as allocating funds to fully pay farmers 'and farmers' dues, allowing them to enter directly used imported materials and preventing agricultural goods produced in Iraq From entering through the ports to develop the agricultural side and support farmers, with the allocation of 200 billion dollars to equip them with agricultural pesticides, fertilizers and seeds.

The statement stressed "the vote to support the decentralized system in the governorates and give powers to the governors to take decisions without routine or complicating ministries, while supporting and engaging the Iraqi private sector in which more than 5 million citizens work in building investment projects and activating the local market, as well as obligating ministries to buy The local product and not allowing the entry of goods similar to the local product if it is sufficient for self-sufficiency.

The head of the Finance Committee stated that the vote had been taken to "support the Popular Mobilization Authority with the necessary equipment to perform their duties and protect their members in the fight against ISIS," noting that the decision was canceled. Council of Ministers Related to preventing the introduction of cars with minor damage to operate industrial areas in Iraq (Denting, dyeing, etc.), which will provide thousands of job opportunities, and cancel the clauses that allow the sale of real estate and state assets for fear of this file being exposed to corruption.

The committee also voted, according to the statement, to "allocate funds for establishment." Nineveh airport And the Dhi Qar airport The Grand Port of Faw and the Badaa project to deliver potable water to Basra, and allocating funds for the development and completion of the Shuaiba refineries and Nasiriyah And Karbala and Baiji to stop the import of petroleum products that are costing us trillions of dinars, as well as to give power to Ministry of Health By bringing in large companies specialized in managing hospitals and providing health and medical services for free. "

The statement continued, "Al-Maliya voted to add an amount of 339 billion dinars to the amount of drug purchase to increase the purchasing power to purchase medicines and provide them to citizens, and to ensure the delivery of crude oil produced in the fields of the Kurdistan region to the federal government, in addition to its vote to increase compensation amounts for those affected by terrorism and Included in the decisions of the Martyrs Association and the Political Prisoners Association, and the allocation of $ 199 million for this year to build 1000 new schools in all governorates.

The statement emphasized "allocating funds to build 100-bed hospitals in every governorate with the restoration and rehabilitation of Al-Jumhori and Ibn Sina hospitals in Nineveh, building a hospital in Al-Rumaitha district in Al-Muthanna governorate, Saqlawiyah hospital and Balad, and canceling licenses and licenses for mobile phone companies in the event of paying debts. They have to pay the public treasury, and stop the disbursement of the sums allocated for conferences, petty cash, and hospitality in all ministries. Council of Ministers By completing the procedures of tax, customs and import licenses at the border crossings and linking them to the window for selling the currency in the Central Bank. ”
Al-Jubouri continued in his statement,“ The vote on requiring importing companies to insure in Iraqi companies exclusively to increase state revenues, and to include areas outside the basic design of the governorate.Baghdad Municipal service and allocating the necessary funds for that, and obligatory Council of Ministers To work with the biometric system for employees to detect aliens in all ministries and institutions, and it is obligatory Council of Ministers To re-evaluate and negotiate with oil licensing rounds companies and Ministry of Electricity contracts, while canceling all customs exemptions granted to countries.

The statement concluded that the Finance Committee also voted to allocate funds for the implementation of the Babil Sewage Project and the Desalination Project for the governorate Basra And the large Samawah water project, the Nahrawan, Wehda, and Abu Ghraib streams project Seven fallow at Baghdad As well as allocating funds for establishing combined cycle power stations in Wasit, Samawah and Anbar Nasiriyah The Financial Committee votes on a set of budget paragraphs.

[yota691]

Parliamentary Finance resolves the controversy over changing the price of the dollar in the budget

14:11 - 05/02/2021

 

  

The information / Baghdad ..
The Parliamentary Finance Committee responded, on Friday, to the requests of members of the House of Representatives regarding changing the price of the dollar in the budget law, while confirming that the price is fixed according to what is specified by the government.

Committee member Shirwan Mirza said in a statement that "the price of the dollar is fixed and has not been tampered with, considering that it was determined in accordance with the financial policy of the Iraqi government."

He added that "the requests of members of the House of Representatives regarding changing the exchange rate of the dollar against the Iraqi dinar, do not go beyond being requests only," stressing that "the Parliamentary Finance Committee does not have any authority to change the exchange rate."

Mirza added, "The Parliamentary Finance Committee worked according to the powers granted to it only to amend and replace some articles of the budget law for the year 2021." End / 25

[yota691]

In detail ... the most prominent financial statements voted by the Parliament so far in the 2021 budget

•  Time: 02/05/2021 15:45:42
•  
•  Read: 2,457 times

  

{Baghdad: Al Furat News} A representative source revealed the most prominent thing that the Parliamentary Finance Committee has voted so far in the draft federal budget law for 2021.

The source stated that the committee voted on the following:
- Abolishing the clause withholding the salaries of state employees and retirees
- Reducing the budget of the three presidencies by 20%
- Reducing the total deficit from 47% to 19%, i.e. from 76 trillion dinars to 25 trillion dinars
- Reducing borrowing to 51 trillion dinars .
Including dues for lecturers, contracts, and daily workers in the budget. 
- Activating the principle of collection in a scientific and thoughtful way.
- Increasing the amounts of developing the provinces from 2 trillion dinars to 4 trillion dinars.
- Increasing the amounts of petrodollars for oil-producing provinces from 500 billion dinars to one trillion dinars.
Allocating all sums allocated to oil and gas producing governorates and considering them as a guaranteed financial ceiling for referring service projects in the provinces.
- Increase the armament budget of the Iraqi army and intelligence agencies to develop their combat and information skills to confront the threat of terrorism.
- Increasing the amounts allocated to the social protection network over what was allocated to it in 2020 by one trillion and 500 billion dinars to increase the number of families included in the grant while increasing the value of the grant itself.
- Increase the allocations of the Ministry of Education to enable it to print books and provide stationery for students and students.
- Allocating funds to complete the production lines of the large factories in the Ministry of Industry
- Allocating an amount to compensate those affected by changing the exchange rate from the private sector to ensure the continuation of projects at the request of the Ministry of Planning and the supervision of the Federal Office of Financial Supervision.
Allocating sums to pay farmers 'and farmers' dues in full, allowing them to enter imported materials used directly, and preventing agricultural commodities produced in Iraq from entering through the outlets to develop the agricultural side and support farmers, with an amount of 200 billion dinars allocated to provide them with agricultural pesticides, fertilizers and seeds.
Supporting the decentralized system in the governorates and giving powers to the governors to make decisions without routine or complicating ministries. 
- Supporting and engaging the Iraqi private sector, in which more than 5 million citizens work, to build investment projects and stimulate the local market 
- oblige the ministries to buy the local product and not allow the entry of goods similar to the local product if it is sufficient for self-sufficiency.
Supporting the Popular Mobilization Authority with the necessary equipment to fulfill their duties and protect their members in the fight against ISIS.
- Abolishing the Cabinet’s decision on preventing the entry of cars with minor damage to operate industrial neighborhoods in Iraq {denting, dyeing, etc.} that will provide thousands of job opportunities.
- Abolishing the clauses that allow the sale of state real estate and assets for fear of corruption in this file.
Allocating funds for the construction of Nineveh Airport, Dhi Qar Airport, the Grand Port of Al-Faw, and the innovation project to deliver potable water to Basra.
Allocating funds to develop and complete the refineries of Shuaiba, Nasiriya, Karbala and Baiji to stop the import of petroleum products, which are costing us trillions of dinars.
Giving authority to the Ministry of Health to bring in large companies specialized in hospital management and to provide health and medical services for free.
- Adding an amount of 339 billion dinars to the amount of medicine purchase to increase the purchasing power to buy medicines and make them available to citizens.
Ensure the delivery of crude oil produced in the fields of the Kurdistan region to the federal government.
- Increasing compensation amounts for those affected by terrorism and those included in the decisions of the Martyrs Foundation and the Political Prisoners Association.
Allocating $ 199 million for this year to build 1,000 new schools in all governorates.
Allocating funds to build 100-bed hospitals in each governorate, along with rehabilitating Al-Jumhoori and Ibn Sina hospitals in Nineveh, and building a hospital in Al-Rumaitha district in Al-Muthanna governorate, Saqlawiyah hospital and Balad.
Canceling the licenses and licenses of mobile phone companies in the event of non-payment of debts owed by them to the public treasury.
- To stop spending sums allocated for conferences, petty cash and hospitality in all ministries.
- To oblige the Council of Ministers to automate the procedures of tax, customs and import licenses at the border outlets and link them to the currency sale window at the Central Bank of Iraq.
- Importing companies are required to take out insurance in Iraqi companies exclusively to increase state revenues.
- Inclusion of areas outside the basic design of Baghdad governorate with municipal service and allocating the necessary funds for that.
- Obliging the Council of Ministers to implement the biometric system for employees to detect aliens in all ministries and institutions.
Obliging the Council of Ministers to re-evaluate and negotiate with oil licensing rounds companies and Ministry of Electricity contracts.
- Canceling all customs exemptions granted to countries.
Allocating funds for the implementation of the Babil sewers project, the water desalination project for the Basra governorate, the large Samawah water project, the Nahrawan, Wehda, Abu Ghraib and Sabaa al-Boor sewers project in Baghdad.
Allocating funds for establishing combined cycle power stations in Wasit, Samawah, Anbar and Nasiriyah.
Ammar Al-Masoudi

[yota691]

Parliamentary Finance: Contrary to the regional budget, it did not reach the node and the ball in the yard of these blocks

•  Time: 02/04/2021 22:15:53
•  
•  Read: 5,213 times

  

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee confirmed that the dispute over the Kurdistan region’s share in the draft Parliamentary Federal Budget Bill for 2021.

"The dispute with the Kurdistan region has not been resolved, and the ball is now in the court of the Shiite blocs," Ahmad al-Hajj, a Kurdish deputy, told the Al-Furat News Agency.
And between "the Shiite House blocs did not present a unified proposal regarding the budget of the region, but the matter does not reach a complex."
Al-Hajj added, "There are discussions among the Shiite forces to resolve their issue and reach a unified text between them."
It is noteworthy that the Parliamentary Finance Committee has held, to date, 40 meetings on the budget debate, in which dozens of officials and a delegation from the Kurdistan Regional Government have hosted more than once.
While the Deputy Speaker of Parliament, Bashir Al-Haddad, confirmed that no parliamentary session will take place before the parties agree on the draft budget law, indicating that “no date has been set for the next parliament session on the draft budget, and that the next session will be devoted to the budget. There will be any meeting in Parliament before the parties agree on the budget. "
It is noteworthy that the Kurdistan Regional Government delegation, which returned to Erbil yesterday, has not lost hope yet, and it is scheduled to start a new visit to Baghdad early next week, as this visit will be for a final dialogue, according to sources.
On the share of the Kurdistan region, informed sources said that "the Shiite parties were divided into two parts, some of them demand the total oil revenues of the Kurdistan region, which amounts to about 460 thousand barrels per day, and another demands revenues of 250 thousand barrels of oil from the Kurdistan region per day, at the price sold by the SOMO company." ".
Ammar Al-Masoudi

[yota691]

Learn about the paragraphs that the Parliament voted on from the budget

Editing date: 2/5/2021 15:24 • 73 read times

 

[Baghdad-Where]
Head of the Parliamentary Finance Committee, Haitham al-Jubouri, announced, on Friday, the paragraphs that the committee voted on in the draft budget law.

Al-Jubouri said in a statement, "The Finance Committee has voted on the following so far in the 2021 budget draft
- abolishing the clause withholding the salaries of state employees and retirees
- reducing the budget of the three presidencies by 20%
- reducing the total deficit from 47% ؜ to 19% ؜ means from 76 trillion dinars to 25 trillion dinars
- Reducing borrowing 51 trillion dinars
- Including dues for lecturers, contracts and procedures
- Activating the principle of collection in a scientific and thoughtful way
- Increasing the amounts of developing provinces from 2 trillion to 4 trillion
- Increasing the amounts of petrodollars for oil-producing governorates from 500 billion To one trillion dinars
- allocating all sums allocated to the provinces that produce oil and gas, considering them a guaranteed financial ceiling for referring service projects in the provinces
- Increasing the budget for arming the Iraqi army and the intelligence services to develop their combat and information skills to confront the threat of terrorism
- Increasing the amounts allocated to the Social Protection Network over what was allocated to it in 2020 by one and a half trillion dinars to increase the number of families included in the grant while increasing the value of the grant itself
- Increasing the allocations of the Ministry Education to enable it to print books and provide stationery for students
- Allocate funds to complete the production lines of the large factories in the Ministry of Industry
- Allocate an amount to compensate those affected by changing the exchange rate from the private sector to ensure the continuation of projects at the request of the Ministry of Planning and the supervision of the Federal Office of Financial Supervision -
Inclusion of financial entitlements for the lecturers The contracts are 315 and the wages for all ministries and whose contracts have been canceled in all the security services (in our previous publication), administrators, craftsmen, writers and guards. "

[nannab]

Now finish it!!!!!

Good morning Yota and thank you!!!! 

[yota691]

Al-Halbousi: Parliament's work will continue until the budget is approved

Political| 05:37 - 04/02/2021

 

 

 

 

Baghdad - Mawazine News
, Speaker of Parliament, Muhammad Al-Halbousi, announced, on Thursday, that the parliament will continue its work until the 2021 budget is approved.
Al-Halbousi said in a statement that Mawazine News received a copy of, that "the parliament's work continues until the draft federal budget bill for the fiscal year 2021 is approved."
The House of Representatives had extended its first legislative term of the third legislative year for a period of one month and ended at the end of last month.

[yota691]

8 minutes ago, nannab said:

Good morning

Good Morning nannab and all of DV..

[mikedeason]

38 minutes ago, nannab said:

Now finish it!!!!!

Good morning Yota and thank you!!!! 

 

Could anyone give me a Cliff Notes summary of "RV For Dummies" in terms of all the above articles from Iraq; what are they trying to say?  How does it bear on us Dinar investors?  Are they saying we'll be able to sell out Dinar bank notes and actually be able to make a (probably small) profit off of them?

 

Many Thanks from Mike!

[keylime]

5 minutes ago, mikedeason said:

 

Could anyone give me a Cliff Notes summary of "RV For Dummies" in terms of all the above articles from Iraq; what are they trying to say?  How does it bear on us Dinar investors?  Are they saying we'll be able to sell out Dinar bank notes and actually be able to make a (probably small) profit off of them?

 

Many Thanks from Mike!

1. Yes

2. Nothing as usual.

3. It doesn't.

4. No.

 

Hope these detailed answers helped. Have a blessed weekend.