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

[horsesoldier]

2 minutes ago, keylime said:

1. Yes

2. Nothing as usual.

3. It doesn't.

4. No.

 

Hope these detailed answers helped. Have a blessed weekend.

.....and folks call me a wise Azz. Good on’ya Keylime !!!

[keylime]

3 minutes ago, horsesoldier said:

.....and folks call me a wise Azz. Good on’ya Keylime !!!

Gotta keep the fun in it.....Have a blessed fun SUPER weekend!!!

[yota691]

The head of the "Finance" of the Iraqi parliament discloses the developments of the 2021 draft budget

Haitham Al-Jubouri, Chairman of the Parliamentary Finance Committee in Iraq

 05 Feb 2021 04:33 PM

Mubasher: Haitham Al-Jubouri, head of the Parliamentary Finance Committee in Iraq, announced today, Friday, the abolition of the clause withholding salaries for employees and retirees.

 

Al-Jubouri said in a statement received by the Iraqi News Agency (INA) that “the Finance Committee voted on the draft budget for 2021, including the abolition of the clause withholding the salaries of state employees and retirees, reducing the budget of the three presidencies by 20% and reducing the total deficit from 47% ؜ to 19% ؜ meaning from 76 One trillion dinars to 25 trillion dinars. "

Al-Jubouri added that "the draft budget also included including the dues of lecturers, contracts and employees, increasing the amounts of petrodollars for the oil-producing governorates from 500 billion to one trillion dinars, and increasing the amounts allocated to the social protection network over what was allocated for it in the year 2020 by one and a half trillion dinars to increase the number of families included in the grant while increasing the value." The grant itself.

It also included allocating funds to complete the production lines of large factories in the Ministry of Industry and 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.

He pointed out that "the budget also included the cancellation of the Cabinet's decision on preventing the entry of cars with minor harm to operate industrial neighborhoods in Iraq (denting, dyeing, etc.), which will provide thousands of job opportunities and abolish the clauses that allow the sale of state real estate and assets for fear of this file being exposed to corruption, And the addition of 339 billion dinars to the amount of medicine purchase to increase the purchasing power to buy medicines and provide them to citizens, and increase the amounts of compensation for those affected by terrorism and covered by the decisions of the Martyrs Foundation and the Political Prisoners Foundation and allocate an amount of 199 million dollars this year to build 1000 new schools in all governorates and cancel licenses and licenses for mobile phone companies If they pay their debts to the public treasury. "

He continued, "The budget included obligating the Council of Ministers to work on the biometric system for employees to detect aliens in all ministries and institutions, and obligating the Council of Ministers to re-evaluate and negotiate with oil licensing rounds companies and Ministry of Electricity contracts and to cancel all customs exemptions granted to countries."

[yota691]

Finance "Iraqi parliamentarian announces a deduction of 20% from the budget of the three presidencies."

Representative Majda Al-Tamimi, member of the Parliamentary Finance Committee in Iraq

 05 Feb 2021 1:04 PM

Mubasher:  The Parliamentary Finance Committee in Iraq announced a deduction of 20% from the budget of the three presidencies in the 2021 budget, confirming that the budget ceiling was reduced to 130 trillion dinars instead of 164 trillion.

MP Magda Al-Tamimi, a member of the committee, told the Iraqi News Agency (INA) today, Friday, that the paragraph on the deductions that came from the government in the draft budget was canceled and compensated for by applying the Income Tax Law No. (113) of 1982.

She added that the spending ceiling in the budget was reduced from 164 trillion dinars to 130 trillion, and other revenues were increased, stressing that the budget included a lot of economic reforms.

Deputy Majda Al-Tamimi explained that she headed the special subcommittee of the three presidencies in the budget and was able to deduct 20% of the budget of each presidency from the three presidencies in the budget.

Al-Tamimi indicated that the House of Representatives took on the role of the executive and legislative authorities at the same time in the 2021 budget, indicating that every article in the budget was studied 5 times and in extensive discussions.

Al-Tamimi added that the Finance Committee hosted 90 to 95 percent of the executive bodies, including the Office of Financial Supervision, and important observations in the oil sector and licensing rounds were discussed, indicating that there is significant waste and losses in this sector, part of which needs a decision and other parts of the law .

Baghdad Municipality budget

Al-Tamimi said that the budget allocations for the Municipality and Baghdad Governorate were discussed in order to implement investment projects and provide services to the capital.

Al-Tamimi indicated that the Baghdad Municipality is still dealing in the collection in old currencies, such as 20 dinars or 40 dinars, and the residential takes from it 120 dinars and 200 dinars, and these currencies do not exist at the present time.

Five years leave for employees

Al-Tamimi confirmed that the five-year leave has been approved for one time, meaning that the employee is not entitled to take a second leave, indicating that the five-year employee is covered by the income tax law from his nominal salary.

[screwball]

On 2/4/2021 at 9:51 PM, ChuckFinley said:

Man, this is the longest two weeks of my life. 

 

Let's hope that this puts us over the finish line so we can all move on.  

2 it could drag out for weeks 

[DWS112]

Parliamentary preferences in Iraq to pass the 2021 budget in isolation from the Kurds

Feb 5, 2021

 

Baghdad - “Al-Quds Al-Arabi”: Jamal Cougar, a member of the Parliamentary Finance Committee, hinted at the possibility of passing the controversial federal budget bill for 2021, regardless of Kurdish representatives, while the presidency of the parliament considered the budget as a guarantor of citizens' rights from Zakho to Basra.

 

Cougar said that «the committee held its meeting No. 40 to discuss the transfers, paragraphs and items within the federal budget», pointing out that «the committee hosted during the meeting, the President of the Federal Service Council and his accompanying delegation».

 

He added that «  the committee will resume its meetings early next week to finish the bill and vote on it, while passing the federal budget law is not ruled out, in the event of incompatibility with the Kurdish blocs in the House of Representatives» noting that «the House of Representatives passed two laws without compatibility with those blocs, namely The law of financing the fiscal deficit, and the decision to remove American forces from the country, ”as he put it.

 

In the context, the First Deputy Speaker of Parliament, Hassan Al-Kaabi, confirmed that the general budget for 2021 will guarantee the rights of citizens from Zakho (the far north) to Basra (the far south).

 

He said in the government media, that “negotiations are continuing between the federal government and the regional government regarding the outstanding problems between the two parties, such as the issue of oil and non-oil imports,” indicating that “the negotiations between the two parties are going correctly and the difference is on digital and technical aspects, including what is related to the number of the region’s employees and the nature of oversight in the Office of Supervision. The Federal Commission and the Federal Integrity Commission on some sectors in the region and the mechanisms for controlling the illegal and legal outlets in the region that affect the Iraqi economy and local production ».

 

He stressed that "the current year’s budget will be Iraqi, especially for the people from Zakho to Basra, and there is no preference for one party over another," pointing out that "natural resources are a right for all Iraqis."

 

He pointed out that «the budget problems lie in the outstanding matters between the region and the center, in addition to the volume of high spending in it, and that there is no budget in any country in which the deficit is 44 percent, stressing that" the members of Parliament are serious that future generations do not incur additional loans to fill the deficit. Or for projects that have no priority ».

 

The Parliamentary Finance Committee announced a deduction of 20 percent from the budget of the three presidencies in the 2021 budget, while it confirmed reducing the budget ceiling to 130 trillion dinars instead of 164 trillion (one thousand and 450 dinars against the dollar).

 

Majda Al-Tamimi, a member of the Deputy Committee, said, according to the same source, that "the paragraph concerning the deductions that came from the government in the draft budget was canceled and compensated by the application of the Income Tax Law No. 113 of 1982."

 

She added that «the spending ceiling in the budget has been reduced from 164 trillion dinars to 130 trillion, and other revenues have also been increased», stressing that «the budget included a lot of economic reforms».

 

She explained that she "chaired the special subcommittee of the three presidencies in the budget and was able to deduct 20 percent of the budget of each presidency from the three presidencies in the budget."

 

She pointed out that «the House of Representatives took the role of the executive and legislative authorities at the same time in the 2021 budget» indicating that «each article in the budget has been studied 5 times and extensive discussions».

 

And she continued, “The Financial Committee hosted 90 to 95 percent of the executive bodies, including the Office of Financial Supervision, and important observations in the oil sector and licensing rounds were discussed,” noting that “there is great waste and losses in this sector, part of which needs a decision and other parts. Into law ».

 

On the budget of the Baghdad Municipality, Al-Tamimi said, "The budget allocations for the Municipality and the Baghdad Governorate were discussed in order to implement investment projects and provide services to the capital," noting that "the Baghdad Municipality is still dealing in the collection in old currencies such as 20 dinars or 40 dinars, and the housing takes a levy from it." 120 dinars and 200 dinars commercial, and these currencies do not exist at the present time ».

 

On the five-year leave for employees, she confirmed that “the five-year leave has been approved for one time, meaning the employee is not entitled to take a second leave, indicating that the five-year employee is covered by the income tax law from his nominal salary.”

Edited February 6, 2021 by DWS112

[yota691]

The Finance Committee cancels the salary deduction for employees and retirees

Saturday 06 February 2021 71

 

 Baghdad: Muhannad Abdul-Wahhab and Muhammad Al-Ansari

 

The head of the Parliamentary Finance Committee, Haitham al-Jubouri, announced, on Friday, the abolition of the salaries deduction for employees and retirees in the 2021 general budget, as well as the reduction of the total budget deficit by a large percentage, pointing out that the committee voted on several important decisions, including increasing allocations for the social protection network and providing the necessary allocations For contracts and employees covered by Resolution 315.

Al-Jubouri said in a statement: “His committee also voted to cancel the clause withholding the salaries of state employees and retirees, and to reduce the budget of the three presidencies by 20%, in addition to reducing the total deficit from 47% to 19%, i.e. reducing it from 76 trillion dinars to 25 trillion dinars, as well as reducing Borrowing 51 trillion dinars, and including the dues of lecturers, contracts and employees.

The statement indicated that “the committee voted to activate the principle of taxation in a scientific and thoughtful way, and increase the amounts for developing provinces from 2 to 4 trillion dinars, in addition to increasing the amounts of petrodollars for oil-producing governorates from 500 billion to one trillion dinars, with all sums allocated to oil-producing governorates. And gas and considering it a guaranteed financial ceiling for the referral of service projects in the provinces.

Al-Jubouri explained that “the armament budget of 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 increased by one and a half trillion dinars to increase the number of families included in the grant with the increase in the value of the grant itself, as well as an increase The Ministry of Education allocations to enable it to print books and provide stationery for students. 

He pointed out to "allocating funds to complete the production lines of the large factories in the Ministry of Industry," revealing that "an amount was allocated 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 Supervision of the Federal Office of Financial Supervision, as well as allocating funds to fully pay the dues of farmers and farmers." And allowing them to enter imported materials used directly, and preventing agricultural commodities produced in Iraq from entering through the ports to develop the agricultural side and support farmers with allocating an amount of 200 billion to provide them with agricultural pesticides, fertilizers and seeds.

The statement affirmed, “The vote to support the decentralized system in the governorates and to give powers to the governors to make decisions without routine or complicating the ministries, while supporting and engaging the Iraqi private sector, in which more than 5 million citizens work, to build investment projects and activate the local market, as well as to oblige ministries to buy the local product and not allow With the introduction of goods similar to him, if sufficient.

[yota691]

Reducing the budget will spare Iraq external borrowing

Saturday 06 February 2021 30

 

 Baghdad: Shukran Al-Fatlawi

 

After the general budget for previous years was dominated by the high level of deficit in it due to increased expenditures on revenues, reliance on oil revenues and the lack of diversification of other sources of revenue, the need now appeared to reconsider its amount and go to reduce it to 100 trillion dinars, because this avoids foreign borrowing, In light of the slow rise in oil prices in the global market. In this regard, Badr Al-Ziyadi, the deputy for the Sairoun coalition, revealed that there is a tendency to reduce the 2021 budget to 100 trillion.

Al-Ziyadi told the Iraqi News Agency (INA), "There is a tendency to reduce the general budget for 2021 to 100 trillion, after it was reduced to 127 trillion by the Finance Committee, after it was sent by the government to the size of 164 trillion."

He added that "reducing the total amount to 100 trillion would spare Iraq borrowing and debts," stressing the need to draw a financial policy to avoid the risks of the people.

Debts".

He explained that "the continuing rise in oil prices and reaching the $ 58 barrier will contribute to addressing the deficit," expecting a change in the budget items within the House of Representatives.

For his part, the specialist in economic affairs, Dr. Abdul Rahim Al-Shaddud Al-Taie, said: The federal general budget, for example, for the fiscal year 2018 was estimated at (94) trillion and 775 billion and 81 million and 193 thousand dinars, while the expenditures were estimated at (105) trillions and 861 billion 973 million and 548 One thousand dinars, while the total deficit planned in the budget amounted to (11) trillion and 86 billion and 892 million and 355 thousand dinars.

He stressed the need to review the amount of the 2021 budget and study the fluctuations of the global oil market, before its approval, noting that the current stage requires diversification of revenues from other non-oil sources, such as taxes, tourism, agriculture and other economic aspects, in a way that contributes to reducing dependence on oil as the only resource for the budget. .

Al-Shaddd emphasized that the activation of the productive sectors will greatly reduce the growth of unemployment rates in Iraq, which are estimated at about 5.5 million people (according to World Bank sources) for the year 2007, adding to this number what is known as underemployment, which means that a large number of workers in the sectors The unorganized workforce has low wages and fluctuating working hours, reaching 30 percent of the workforce in the year

2005 ”.

And he explained about this situation, many families relied on government support, and as is known, the higher the unemployment rate means that the country's economy is weak, and vice versa, so how about an economy in which the unemployment rate until 2018 ranged between (17 to 33 percent), while the acceptable rate among some States not overrun

9 percent.

The rise in disguised unemployment in public sector institutions between (50 to 60) percent, especially in the industrial and oil sectors, means huge monetary losses due to the high percentage of fixed costs as a result of the surplus in the labor force, which confirms the rentier character of the economy.

[yota691]

 

The fate of the 2021 budget between the government and parliament !! ??

5/2/2021 22:29:00

 

       
Dr.. Aras Hussain Dartach

During the media hype and the current disagreements about Iraq’s budget for 2021 between the governmental and parliamentary viewpoints, we found it necessary to raise some key points about the nature of the intense debate going on between the two parties from the financial and legal standpoints and based on our modest knowledge of the subject, and with complete independence without prejudice. And for the benefit of the Iraqi people as a whole.

Abbreviation: -

First - The general budget is nothing but a government plan for one year regarding how (appropriation) for each of the expenditures (operational and investment) in order for the government to implement its government programs which are monitored by Parliament, this means that (preparing the general budget) is a purely governmental work It is not (a parliamentary act) and this matter is in effect at the level of all civilized countries, ... why ...?, Because the government, whether it is good or not, is the one who knows best about the nature of its work, its problems, or its daily tasks from any other side, including Parliament.

Second - In order for the government to be able or legally authorized to undertake these expenditures during the year in order to implement its programs, parliament must approve the general budget plan, and through the budget law legislation, the government can (implement) its programs under the (actual control) of Parliament and hold it accountable for its performance. .

Third - So .... What is the current Iraqi parliament’s role in the question of ratifying the current 2021 budget .. ?, and what are the nature of the current problems between the two parties ..?

It is absolutely true, that according to Article 62, paragraph b) of the Iraqi constitution, Parliament is authorized ((to conduct transfers between the chapters and chapters of the general budget, and to reduce the total of its sums, and he may, when necessary, suggest to the cabinet to increase the total amounts of expenditures))

This means, and for economic reasons and when (necessity) for parliament to exercise its authority in those transfers and reductions and (in consultation) with the government and not just simply, so that the parliament will remain with the argument of monitoring government performance when implementing the budget provisions by it, and in the event that Parliament performs these measures in the budget Without consulting the government, parliament in effect loses the government's oversight over the implementation of that budget.

Conclusion ... What is happening now regarding the budget ... ??.

Through what has leaked out of the news from within the respected Financial Committee as well as by respected members of Parliament, it appears that there are proposals to reformulate the General Budget Law by Parliament that exceed its authority according to (Article 62, b) above, where the following is common:

1- There is an intention for Parliament to reduce the size of the general budget from (164 trillion dinars) to 127, meaning a reduction by approximately (23%).

2- Parliament's intention to reduce the size of the (fiscal deficit), as is rumored, from the amount of (63 trillion dinars) to 19, i.e. by approximately (30%).

3- There is an intention to add an amount (10 trillion dinars) to the expected revenues in the year 2021, i.e. a percentage (10%).

4- As is rumored in the circles of Parliament, that there is an intention to delete some (appropriations) and add new allocations and transfers outside the government plan, according to the political whims of the parliamentary blocs.

5- And more than this and that, and according to unofficial leaks, Parliament is working to (write off) a number of articles and provisions of the General Budget Law prepared by the government and add new articles whose texts are prepared by it and within (20) legal articles.

6- ..... etc from leaks and proposals.

In conclusion ... we are not here in a position that allows us to evaluate or support any of the governmental or parliamentary views regarding the 2021 budget, as to whether one is more correct or correct than the other.

But if the situation continues like this, then it reflects an unconstitutional interference (to some extent) by Parliament in government work, and parliament bypassed its supervisory, cooperative and legislative powers towards the executive authority and struck the principle of non-interference and separation of powers in countries that are supposed to be democratic, where the parliament must He must approve (after recording his observations) the general budget sent to him by the government, and then monitor the results of its implementation and hold the government accountable for it, as is usual.

Where in the case of Parliament imposing its tendency and direction with this (large amount) in passing and ratifying the budget, without consulting and consenting to the government, it leads Parliament to lose (its supervisory authority) over the government on how to implement the provisions of the budget and its desired outcome, because no one can The government is held accountable when implementing the general budget plan that has been changed course by Parliament, and then the (cooperative relationship) between the executive and legislative branches turns into (the conflictual relationship), which is considered one of the main factors for the disintegration of the state and society.

In any case, when politics prevailed over law, peace came to the people's conclusion.

Dr.. Aras Hussain Dartach

[yota691]

Jamal Cougar: We do not rule out passing the budget without compatibility with the Kurdish blocs
4/2/2021 16:02:00
       
Cougar beauty
A member of the Nabiean Finance Committee confirmed on Thursday that the committee will continue to hold its meetings during the next week until the discussions of the paragraphs and items of the general federal budget for 2021 end.

The committee had begun holding its 40th meeting earlier in the day, to resume its discussions on the draft federal budget bill for 2021.

Representative Jamal Cougar, a member of the Parliamentary Finance Committee, said in a special statement to PUKmedia , that the committee held its meeting No. 40 to discuss transfers, paragraphs and items within the federal budget, pointing out that the committee hosted during the meeting, the head of the Federal Service Council and his accompanying delegation.

Cougar added, that the committee will resume its meetings early next week to end the bill and vote on it, while passing the federal budget law is not ruled out, in the event of incompatibility with the Kurdish blocs in the House of Representatives, indicating that the House of Representatives passed two laws without compatibility with those blocs, namely The fiscal deficit financing law and the decision to remove US forces from the country, as he put it.

[yota691]

Al-Jubouri reveals the articles that the Finance Committee voted on
5/2/2021 21:20:00
       
Al-Jubouri reveals the articles that the Finance Committee voted on
The Chairman of the Finance Committee, Haitham Al-Jubouri, revealed the articles that the Parliamentary Finance Committee voted on in the draft federal budget law for 2021.

Al-Jubouri said in a statement: The Finance Committee has voted on the following so far in the draft federal budget for 2021: 

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%, meaning from 76 trillion dinars to 25 trillion dinars. 

Reducing borrowing by 51 trillion dinars.

Including lecturers' dues, 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 provinces from 500 billion to one trillion dinars. 

Allocating all sums allocated to the provinces that produce oil and gas and considering them a guaranteed financial ceiling for referring service projects in the provinces. 

- Increase the armament budget of the Iraqi army and the intelligence services to develop their combat and information skills to confront the threat of terrorism.

- Increasing the sums allocated to the Social Protection Network over what was allocated to it in 2020 by a trillion and a half 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. 

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 goods produced in Iraq from entering through the outlets to develop the agricultural side and support farmers, with the allocation of $ 200 billion to supply them with agricultural pesticides, fertilizers and seeds.

Supporting the decentralized system in the governorates and giving the governors powers to make decisions without red tape 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.

- To oblige the ministries to buy the local product and not to 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. 

- Canceling the Cabinet’s decision on preventing the entry of cars with minor damage to operate industrial neighborhoods in Iraq (denting, dyeing, etc.), which will provide thousands of job opportunities. 

- Abolishing the clauses that allow the sale of real estate and state assets for fear that this file will be exposed to corruption. 

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 for the development and completion of the Shuaiba, Nasiriya, Karbala and Baiji refineries to stop the import of petroleum products, which are costing us trillions of dinars. 

Granting authority to the Ministry of Health to bring in large companies specialized in managing hospitals and providing 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 provide them to citizens.

Ensure the delivery of crude oil produced in the fields of Kurdistan region to the federal government.

- Increasing compensation amounts for those affected by terrorism and those included in the decisions of the Martyrs Association 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 the rehabilitation and rehabilitation of the Republican and Ibn Sina hospitals in Nineveh and the construction of a hospital in Al-Rumaitha district in Al-Muthanna governorate, Saqlawiyah hospital and Balad

Cancellation of 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 the sums allocated for conferences, petty cash and hospitality in all ministries.  

- Obligation of the Council of Ministers to finalize the procedures of tax, customs and import licenses at border points and link them to the currency sale window in the Central Bank.

- Forcing importing companies to take out insurance in Iraqi companies exclusively to increase state revenues.

- The inclusion of areas outside the basic design of Baghdad governorate with municipal service and allocating the necessary funds for that. 

- To oblige the Council of Ministers to implement the biometric system for employees to detect aliens in all ministries and institutions. 

- To oblige the Council of Ministers to reassess and negotiate with oil licensing rounds companies and Ministry of Electricity contracts. 

- Abolishing 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, Al Wehda, Abu Ghraib and Sabaa al-Boor streams project in Baghdad.

Allocating funds for establishing combined cycle power stations in Wasit, Samawah, Anbar and Nasiriyah.

Appointment of medical and health personnel.

- The allocation of 300 billion dinars, an additional amount not originally allocated to Dhi Qar Governorate.

[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]

Minister of Finance: Changing the exchange rate of the dollar was an early request from the ministry

Friday 05, February 2021 21:51 | Economical Views: 405

Baghdad / NINA / Finance Minister Ali Abdul Amir Allawi said, "Changing the exchange rate of the dollar was an early requirement from the Ministry of Finance."

Allawi said in a televised statement: "It is not possible to stimulate and increase production and the return of the Iraqi product to taking its real area in the Iraqi market without taking decisive financial and economic measures, including changing the dollar exchange rate," noting: "The currency auction is one of the major gates of corruption." / is over

[yota691]

They agree (consensus)  on the 2021 Draft Budget in committees. It's not second reading in Parliament . 

 

 

Haitham Al-Jubouri reveals the articles that the Finance Committee voted on from the 2021 draft budget

Friday 05, February 2021 15:11 | Political Views: 843

Baghdad / NINA / Head of the Finance Committee, Haytham Al-Jubouri, revealed that the committee voted on a set of articles in the 2021 draft budget and
said in a press statement that the articles are:
Abolishing the clause withholding the salaries of state employees and retirees
Reducing the budget of the three presidencies by 20%
Total reduction The deficit from 47% ؜ to 19% ؜ means from 76 trillion dinars to 25 trillion dinars
Reducing borrowing 51 trillion dinars
Including the dues of lecturers, contracts and procedures
Activating the principle of collection in a scientific and thoughtful
way Increasing the amounts of governorates development from 2 trillion to 4 Trillion
▪️ Increasing the amounts of petrodollars for oil-producing provinces from 500 billion to one trillion dinars
▪️ Allocating all sums allocated to oil and gas producing provinces and considering them a guaranteed financial ceiling for referring service projects in the provinces
Increase the armament budget of the Iraqi army and intelligence services to develop their combat and information skills to confront the threat of terrorism
Increase the amounts allocated to the social protection network over what is allocated to it in the 2020 by a trillion and a half 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
Allocate funds to complete production lines for 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

Allocating funds to fully pay farmers 'and farmers' dues and 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 allocating an amount of 200 billion to equip them with agricultural pesticides, fertilizers and seeds
▪️ support the system Decentralization in the governorates and giving powers to the governors to make decisions without routine or complicating the ministries
▪️ support and involve 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 he is sufficient for self-sufficiency
Support the Popular Mobilization Authority with the necessary equipment to fulfill their duties and protect their members in the fight against ISIS
Cancellation of the Council of Ministers 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 paragraphs that allow the sale of real estate and state assets for fear of this file being exposed to corruption
Specification Funds for the construction of Nineveh airport, Dhi Qar airport, the large port of Al-Faw and the innovation project to deliver potable water to Basra
Allocate funds for the development and completion of the Shuaiba, Nasiriyah, Karbala and Baiji refineries to stop the import of oil derivatives that cost us trillions of dinars
طاء Giving authority to the Ministry of Health to bring in large companies Specialized in managing hospitals and providing health and medical services free of charge
Adding an amount of 339 billion dinars to drug purchase amounts to increase the purchasing power to purchase medicines and provide them to citizens
Ensure the delivery of crude oil produced in the fields of the Kurdistan region to the federal government
Increase compensation amounts for those affected by terrorism and covered by decisions of the Martyrs
Association and the Political Prisoners Association Allocate $ 199 million for this year to build 1000 new schools in all governorates
Allocate funds to build 100-bed hospitals In each governorate with the restoration and rehabilitation of the Republican and Ibn Sina hospitals in Nineveh and the construction of a hospital in the Rumaitha district of the Muthanna governorate, Saqlawiyah hospital and the country
Revoke licenses and licenses for mobile phone companies in the event of non-payment of debts owed to the public treasury
▪️ Stop disbursing the amounts allocated to conferences And petty cash and hospitality in all ministries
oblige the Council of Ministers to complete the procedures of tax, customs and import licenses at border crossings and link them to the currency sale window in the Central Bank
Obliging importing companies to insure 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 this
obligating the Council of Ministers to work with 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
خصيص Allocating funds for the implementation of the Babil sewers project, the water desalination project for Basra Governorate, the large Samawah water project, the Nahrawan, Al Wehda, Abu Ghraib and Sabaa al-Bouar streams project in Baghdad. 9 ended

[yota691]

Head of the Badr Parliamentary Bloc: The budget will pass even if no agreement is reached between Baghdad and Erbil

Friday 05, February 2021 20:30 | Economical Views: 558

Baghdad / NINA / Head of the Badr Parliamentary Bloc, Hassan Shaker Al-Kaabi, confirmed: "The budget will pass even if no agreement is reached between Baghdad and Erbil."

Al-Kaabi said in a televised statement: "The Kurdistan region has not cooperated with the federal government to settle its share in the budget," noting: "The Kurdistan Region delegation refused to hand over oil and fields to the federal government."

He added, "The Parliamentary Finance Committee will hand over the budget to the Presidency of Parliament next week." / End 2

[yota691]

BUDGET 2021 .. INCLUSION OF 5 CATEGORIES OF VOLUNTEER EMPLOYEES IN FINANCIAL ALLOCATION

Saturday, February 6, 2021 3:46 PM

 

 

Baghdad / News Center

The Parliamentary Finance Committee announced, on Saturday, that 5 categories of volunteer employees will be included in the financial allocation within the federal budget for the fiscal year 2021.

In a statement received by the National News Center, the committee stated that "administrators, craftsmen, writers, guards, and volunteer service employees were included, similar to the free lecturers, in financial allocation within the 2021 budget law."

Yesterday, Friday, the Parliamentary Finance Committee voted on 15 paragraphs within the federal budget for the fiscal year 2021, among them, the inclusion of lecturers and contracts with the financial allocation in the budget, the abolition of the clause withholding the salaries of state employees and retirees, reducing the budget of the three presidencies by 20%, and reducing the total deficit from 47 % To 19%, to turn from 76 trillion dinars to 25 trillion dinars.

[yota691]

 

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

 

•  

 2021-02-06 08:12

 

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]

Parliamentary Finance addresses the “Ministry of Finance” regarding the minister's statements regarding the currency sale window

by Editor Iraq news 3 Hours ago

The Parliamentary Finance Committee addressed the Ministry of Finance regarding the recent statements of its Minister, Ali Allawi, about the involvement of political blocs he did not name in spreading corruption through the window of currency sale.

The committee stated in a statement that it had addressed the Ministry of Finance regarding the minister's statements for the purpose of forming an investigative sub-committee on this matter and uncovering the facts before the Iraqi people.

The Minister of Finance, Ali Abdul-Amir Allawi, had confirmed that he had sufficient evidence that the currency auction of the Central Bank was previously an important part in spreading corruption, and there are large political blocs involved in it that take names and personalities participating in the auction as a front for it.

[yota691]

An Iraqi parliamentarian: Approval of the 2021 budget will be delayed several days due to the Kurdistan region

Iraqi Parliament

 February 06, 2021 10:30 AM

Mubasher: Parliamentarian Badr Al-Ziyadi, a representative of the Saeron Alliance, revealed that the approval of the new budget for Iraq could be delayed for several days due to the Kurdistan region's failure to clarify until the present time about his financial liability to the authorities in Baghdad.

Badr Al-Ziyadi told the Iraqi News Agency, "INA", on Friday, that the salaries of employees and retirees are insured and that there is no delay even if the vote on the general budget for 2021 is delayed, because salaries and pensions funds are already covered for several months.

Al-Ziyadi said, "The budget has a big difference between the Kurds, the Finance Committee and the political parties, so it needs political consensus and more time to vote on it."

He indicated that the Kurdistan region has not paid the debts owed by it from 2003 until the present time, adding that the problem is related to the region’s disclosure of the non-oil resources it owes to Baghdad, and so far there is no consensus on this file.

[yota691]

Parliamentary Finance holds a meeting chaired by Al-Halbousi to complete the budget discussion

Policy

2021-02-06 | 09:01

 

 

561 views

 

On Saturday, the Parliamentary Finance Committee held a meeting headed by Parliament Speaker Muhammad al-Halbousi to complete the discussion of the draft budget.

Alsumaria News correspondent said that Parliament Speaker Muhammad al-Halbousi chaired a meeting of the Parliamentary Finance Committee, to complete the discussion of the draft federal budget law for the fiscal year 2021.

 

Parliamentary Finance has been holding several meetings a few days ago to discuss the provisions of the budget bill for the current year.

[yota691]

Parliament addresses the Minister of Finance regarding his statements about the involvement of blocs in spreading corruption in the currency sale window

 

- 02-06-2021 11:46 AM - Readings: 13153

 

Today, Saturday, the Parliamentary Finance Committee addressed the Minister of Finance regarding his statements about the involvement of blocs in spreading corruption from the window of currency sale.

 

The Parliamentary Finance, issued by the Media Department of the House of Representatives, said that it "addressed the minister regarding his statements about the involvement of political blocs, which he did not name, in spreading corruption through the currency sale window in the Central Bank, for the purpose of forming an investigative sub-committee on this matter and revealing the facts before the Iraqi people."

[rvmydinar]

43 minutes ago, yota691 said:

Parliament addresses the Minister of Finance regarding his statements about the involvement of blocs in spreading corruption in the currency sale window

Corruption in the currency auction again? When is it going to end? Hopefully the corruption isn't the reason that hold up for the rv.

[DWS112]

The budget is preparing for voting .. The Finance Committee has reached the final stages ... and the political blocs are preparing for review

Feb 6, 2021

 

The Parliamentary Finance Committee announced that it had reached the final stages before the vote on the 2021 budget.

 

The committee stated: "It has accomplished more than 90 percent of its work in the budget, confirming the inclusion of administrators, craftsmen, writers, guards and volunteer service employees, similar to the free lecturers with financial appropriation within the budget law."

 

For its part, the Iraqi Forces Bloc announced, on Saturday, that the vote on the General Budget Law for 2021 will be imminent, noting that the final version of the law will be presented to the political blocs before the voting session.

 

The deputy head of the bloc, Raad al-Dahlaki, said, "The Parliamentary Finance Committee is in the process of setting the last points of the budget law and is very keen to present the latest version of the law to the political blocs despite the difference of views on some articles of the law."

 

He added that "the Finance Committee includes representation of the political blocs and is aware of the amendment taking place on the articles and paragraphs of the budget law. The final version of the law will be considered before voting."

 

Al-Dahlaki pointed out that "the budget law will be presented to a vote in the coming days,  but it has not yet been determined when the date for the vote on the law has been set."

 

Representatives in the Iraqi parliament announced that the Finance Committee has completed nearly 95% of the articles and items of the current year budget.

Edited February 6, 2021 by DWS112

[Jaygo]

32 minutes ago, rvmydinar said:

Corruption in the currency auction again? When is it going to end? Hopefully the corruption isn't the reason that hold up for the rv.

What do you mean again? Corruption has always been in the auctions and always will be until they cancel the auctions all together. 

[horsesoldier]

Uh oh gang: prepare to standby, we’re in “ the coming days “ stage. They’ve been on the Horns of an Enema ( or is that Horns of a Dilemma? ) with the prickly Kurds so I expect the Pecos Bill like Cyclone of Finger Pointing & Crisis to gain momentum.

 

What a cracking great Soap Opera, huh !!!

 

Ya know, at some point down the road all the sand bagging & foot dragging will absolutely have to cease: then they’ll have no choice BUT to vote the 2021 Budget in. Just don’t know how far  “ down the road “ Some Point is.