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

[screwball]

OPEC is part of petrodollar usd system in trade this will go

[screwball]

I am telling you when trump gets is the number 19 president of the republic under the constitution there will be a new financial system with asset backed currency new trade system and for us citizens no income tax 

[screwball]

Did you think why the sayings trump use “drain the swamp” or rule of law? 

[screwball]

JFK started this the military took over and with trump they will finish this 

[screwball]

Drain the swamp was a book written about the new monetary system as well getting rid of the swamp rats

[screwball]

Remember this their is not politics with out god, the founding fathers very smart men wrote the constitution based on commandments and over 700 plus of gods rules taken from 1st and 2ns testaments. God keeps politics and politicians honest. Think about gods rules and what’s going on in the world. LGBTQ religion muslims war same sex marriages crimes against children? Obama a Muslim former head of cia Muslim?

[screwball]

People will get an education in the constitution 

[Longtimelurker]

Preach it brotha!! This is Biblical!!

 

 

[NEPatriotsFan1]

4 hours ago, screwball said:

JFK started this the military took over and with trump they will finish this 

I hope you’re right. It’s been tough holding on to hope that our country will be restored

[rvmydinar]

5 hours ago, screwball said:

At the moment usd used incountry and for trade usd no more opec no more $53 $ per price of barrel every country will set up own price structure for their oil or gas 

so every country can determine whatever price of oil/barrel they like. and every country doesn't have to follow the price of oil/barrel from opec. for example, if us wants to buy oil from iraq, then the us will negotiate the price of oil/barrel with iraq only ( so this is just between us and iraq only ), no more third party ( opec ) involved. in this case, the price of oil/barrel can go up ( may be above 100 usd ) and go down ( may be below 10 usd ) at anytime, so this is a little bit dangerous because the price isn't stable. so this is like a bitcoin, the price can go up and go down at anytime. in this case, the gas station can get the most benefit/ profit because the gas station will buy unleaded diesel whenever the price of oil/barrel go down.

[screwball]

2 hours ago, NEPatriotsFan1 said:

I hope you’re right. It’s been tough holding on to hope that our country will be restored

We will know by March 7th maybe before 

[yota691]

Iraq raises the price of a barrel of oil to $ 45 in the 2021 budget

Iraq Oil - archive photo

 January 29, 2021 6:22 PM

 

Mubasher: The Parliamentary Finance Committee in the Iraqi parliament announced that it raised the price of a barrel of oil in the 2021 budget to $ 45.

The committee's reporter, Ahmed Al-Saffar, told the Iraqi News Agency (INA), today, Friday, that "the committee reduced total expenditures from 164 trillion dinars to less than 130 trillion, in the draft federal budget bill for the fiscal year 2021."

Al-Saffar pointed out that the committee continues its sessions daily and for about two weeks, when the first review of all the articles included in the budget project has been completed, and the final reading has begun.

Al-Saffar added, "The committee has reached Article 12 and there are clear changes in the overall, and there are also proposals, as well as maximizing public revenues according to raising the price of a barrel of oil from $ 42 to $ 45, and thus the deficit was reduced to more than 57 percent, meaning it became less than 30 A trillion. "

He pointed out, "There are other articles that have remained stuck, and usually remain for the last days in relation to the reduction and the transfer between the doors and the inclusion of the budget in functional grades, if any, and the region's share."

[yota691]

Parliamentary committee: Transfer of all expected interrogations to the next legislative term

Political| 11:53 - 01/29/2021

 

 

 

 

BAGHDAD - Mawazine News
The Parliamentary Legal Committee revealed, on Friday, that all the interrogations prepared during the current stage will move beyond the next legislative term.
A member of the committee, Salim Hamza, said in a televised statement, "The extension of the parliament’s work in accordance with the constitution came for one purpose only, which is to complete the budget and then end to the legislative recess."
He added, "All the upcoming interrogations during the next stage will be automatically transferred to the next legislative chapter, and not to be held at the present time."
He explained that "the council is awaiting the completion of the Parliamentary Finance Committee to amend the budget in the middle of next week in order to vote on it and go to the legislative recess." Ended 29 / A43

[yota691]

Parliamentary Finance: To deduct the share of the Kurdistan region in the budget next Saturday

Political| 11:57 - 01/29/2021

 

 

 

 

Baghdad - Mawazine News
The Parliamentary Finance Committee suggested that the draft budget bill be completed next Monday, indicating that the decision for the Kurdistan region’s share will be decided next Saturday.
Committee member Shirwan Mirza said, "Most of the paragraphs of the federal budget bill for 2021 have been completed. It is likely that the committee will vote on the draft law, next Monday."
On the Kurdistan region’s share in the draft federal budget, Mirza said, "This issue will be resolved next Saturday, pointing out that the committee will meet with the political blocs in order to agree on that percentage and pass the bill." Ended 29 / H

[yota691]

Deputy: Voting on the 2021 budget next week ... 80% of its chapters will be deducted

12:20 - 29/01/2021

 

  

Al-Maaloumeh / Baghdad,
MP Mudhar Al-Karawi expected, on Friday, to vote on the 2021 budget next week.
"The 2021 budget has reached good stages after the resolution of more than 80% of its important chapters by the Parliamentary Finance Committee, and it is expected that it will be presented to the House of Representatives for a vote next week," Al-Karawi said.
Al-Karawi added, "The most complex problem that has not yet been resolved is the file of the Kurdistan region's entitlements in light of the variation in the narration regarding its treatment, but the meetings are continuing and we hope to reach solutions that lead to the budget move to the voting stage."
He pointed out that "fundamental changes have been placed in the budget, the most important of which is reducing public government spending and making transfers of funds between sections."
The Parliamentary Finance Committee has been holding discussions for two weeks to complete the chapters of the budget before it is presented to the House of Representatives for a vote. End 25

[yota691]

The Finance Committee holds a meeting to discuss the draft budget law

Policy

2021-01-30 | 07:15

 

Source:

Alsumaria News

 

422 views

The Media Department of Parliament said today, Saturday, that the Finance Committee is currently holding a meeting to discuss the draft budget bill.

The department stated in a statement that Alsumaria News received a copy of, that "the Finance Committee holds its 35th meeting, and continues its discussions on the draft federal budget bill for 2021."

The statement added that the meeting will witness a review of the results of its sub-committees' meetings with ministries and government institutions, "indicating that" among the committee's agenda is to host officials from the bank International ".

[yota691]

Deputy clarifies the most prominent adjustments affecting the volume of spending and the budget deficit

Economie

2021-01-30 | 04:03

 

Source:

Alsumaria News

 

1,441 Views

 

 

The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed the most prominent amendments included in the budget copy regarding the volume of spending and the total deficit.

Al-Saffar said in an interview with Alsumaria News, "The Financial Committee worked throughout the previous period with an exceptional effort in order to reformulate the budget in a manner that applies to the actual reality of the country, given that the budget included large exaggerations in some items of public spending and was not consistent with the health and financial crisis, let alone after it." On the white paper drawn up by the government, "indicating that" the budget for the year 2019 was 116 trillion dinars, and the 2020 budget was 72 trillion, while the 2021 budget was 164 trillion dinars.

 

 

 

Al-Saffar added, "The committee developed an integrated plan, and through continuous sessions, meetings and hosting, it reached preliminary results for the form of the budget. Most of the opinions were gathered to make adjustments according to the current problems, given that the budget is not merely distributed funds, but rather plans that include all sectors and include social and financial goals." Pointing out that "public spending has been reduced now from 164 trillion to 127 trillion, and there may be further cuts before the budget is presented to a vote."

 

 

He continued, "The revenues in the budget have been maximized by five and a half trillion dinars after changing the price of a barrel of oil from 42 to 45 dollars per barrel. As for the total budget deficit, which was 57%, after it was 71 trillion dinars, it is now less than 30 trillion dinars in addition to a change." Many articles were deleted and others were deleted, especially after changing the exchange rate to the dollar, which caused a decrease in the currency’s strength and the value of the citizen’s monthly income, stressing that “what is related to external borrowing, the committee agrees not to include any external borrowing unless it is directed to an investment and not a consumer sector, given that "Any foreign loans must provide financial returns to the country in order to pay off the loan and interest on it. Otherwise, no external loans will be approved."

 

 

Al-Saffar stressed, "What remains and will be resolved in the next few days is three axes, the first of which is the issue of transfers between a number of chapters in which we feel that there is an exaggerated increase to other chapters that we think need other allocations. As for the other matter, it is related to the issue of job grades, as there are disagreements over them. As for the third and final issue, it is the subject of regional entitlements Kurdistan".

[yota691]

Experts: Changing the exchange rate means re-preparing the budget completely

 

- 01-30-2021 09:30 AM - Number of readings: 23,500

 

In conjunction with the demands of some parliamentarians to raise the price of zero dinars against the dollar, economists stressed the difficulty of moving forward with this step, as it would mean a complete re-preparation of the budget.

Economists added that again manipulating the exchange rate of the Iraqi dinar will affect public revenues as well as exacerbate the deficit, stressing that changing the exchange rate will also lead to confusion in local markets and the benefit of corrupt people and influential banks.

In turn, legal experts confirmed that the House of Representatives does not have the authority to change the exchange rate, since Article 62 of the Constitution limited the powers of Parliament to conduct transfers between chapters and chapters of the general budget and reduce the total of its sums. He may, when necessary, suggest to the Council of Ministers to increase the total amount of expenditures.

Observers stressed that some parliamentarians are trying to deflect to the people through "the lie of raising the exchange rate of the dinar" after the price of most basic commodities rose.

[rvmydinar]

13 minutes ago, yota691 said:

to raise the price of zero dinars against the dollar

Can someone elaborate this? I don't get it. 0 dinar=1 usd? 

[yota691]

Parliament presides over a meeting of the Finance Committee to discuss the 2021 budget bill

 

 

181 Policy 01/2021/30 16:35 ht Baghdad today -

Baghdad A parliamentary source reported, Saturday, January 30, 2021, that the Presidency of Parliament chaired a meeting of the Finance Committee to discuss the 2021 budget bill. The source said in an interview with (Baghdad Today), "Parliament Speaker Muhammad al-Halbousi chaired a meeting of the Finance Committee to discuss the 2021 budget bill." Earlier, Riyad Al-Masoudi, the deputy for the Alliance of Saeroun, announced, on Saturday (January 30, 2021), that the House of Representatives had fully completed the 2021 budget bill, while the date for the parliament’s vote was set. Al-Masoudi said, in an interview with (Baghdad Today), that "the House of Representatives has fully completed the draft budget bill in 2021, and the project will be presented to the political forces within the next two days, to take final opinions." He added, "It is very necessary to reach an agreement between the political forces before submitting the budget to the vote under the dome of Parliament, so that the voting process is not delayed." Al-Masoudi continued, "The legislative chapter of the House of Representatives has been extended for a month, and it may not be extended for more than a month, and this period ends at the end of this week. Therefore, the vote on the 2021 budget bill will be taken before the end of this week, and this matter depends on the discussions, which will finally start during The next hours and until the voting session. "

[yota691]

Al-Halbousi chairs the Parliamentary Finance meeting to discuss the 2021 budget bill

•  Time: 01/2021/30 16:33:02
•  
•  Read: 1,092 times

  

(Baghdad: Al Furat News) Parliament Speaker Muhammad al-Halbousi chaired, on Saturday, a meeting of the Parliamentary Finance Committee, to discuss the 2021 Budget Law.

His office stated, in a brief statement, that Al-Furat News received a copy of it that "Al-Halbousi is currently chairing the meeting of the Finance Committee to discuss the draft federal budget bill for the fiscal year 2021." 
Wafa Al-Fatlawi

[yota691]

Parliamentary Finance shows five years leave for employees in the budget

•  Time: 01/29/2021 15:55:16
•  
•  Read: 9,685 times

  

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee, Jamal Cougar, revealed an amendment to the decision regarding granting the employee a five-year leave, as part of the draft federal budget law for 2021.

Cougar said in a press statement, that "the amendment provides for limiting the leave to only one time without repetition by the employee."
He added, "This procedure came after the Parliamentary Finance found that there is unfairness to some employees who are completely regular in their work compared to others who apply for this leave three times, especially since the retirement law allows the employee to be retired after completing fifteen years, which means that the employee who gets If there is a five-year leave for three repeated times, the state will not benefit from it. "     
And he indicated that "according to the new direction of the Finance Committee to apply income tax No. 113, the tax will include the five-year leave in the event that the salary is still approved."

[yota691]

The 2021 budget is in its final stages

Sunday 31st January 2021 536

 

 Baghdad: Muhannad Abdul-Wahhab

 

The amendments in the draft budget law for the current year have reached the final stages, amid odds that it will be passed during the current week, after the inclusion of important paragraphs in the forefront of which are farmers' dues.

The Finance Committee recently added a text in the draft budget that includes the establishment of a special petro-dollar fund for oil and gas producing provinces, with the aim of implementing projects and providing services, according to a statement issued by the Information Department of Parliament.

Committee member Jamal Cougar said to "Al-Sabah": "Parliamentary finances will soon be completed despite the obstacles it faces, the most important of which is the region’s share, which has not yet been resolved, and negotiations are still ongoing, as well as new developments that appear from time to time." 

He pointed out that «the benefits of farmers, including those in Kurdistan, have been included in the draft budget, and the clause of deductions for employees’ salaries has not been resolved yet.

The Speaker of Parliament, Muhammad al-Halbousi, had directed the Finance Committee to add an item in the budget law, considering farmers' dues as governing expenditures.

For his part, a member of the Parliamentary Education Committee, Tohme Al-Lahibi, stated that "the committee follows up the budget paragraphs with regard to the Ministry of Education, the most important of which is ensuring the rights of free lecturers because it is an important issue that greatly concerns the Iraqi street." 

He told Al-Sabah: “The general budget mentioned in its paragraphs not to include all lecturers in Resolution 59, and this is what the committee objected to. We asked the Ministry of Finance to include Resolution 315 to include all free lecturers and other contracts, and we are still insisting on that.”

Stressing that «the budget paragraphs talking about ministerial contracts while most of the provinces do not have any ministerial contracts with the lecturers, and these are among the disputed paragraphs in the budget law, so the committee is keen on the rights of all lecturers throughout the provinces».

[yota691]

Parliamentary Finance expects: Approval of the 2021 budget within the next two days

10:34 - 01/31/2021

 

  

The information / Baghdad ..
Member of the Parliamentary Finance Committee, Thamer Theban, expected, on Sunday, the passage of the draft federal budget law for 2021 within the next two days, while noting that the allocations of the center and the south will be among the allocations for the development of the regions.
Theban said in a statement to / information /, that "there is a very high possibility of passing the budget this week for a vote," noting that "disagreements from some blocs and MPs over the region's share still exist."
He added, "The allocations of the center and the south are among the allocations for the development of regions," pointing out that "the vote on the budget by the House of Representatives will be within the next two days."
A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, confirmed in a previous statement that the budget will soon be presented for a vote in Parliament. Ended / 25 h

[yota691]

Parliamentary Finance reveals the number of expenditures compressed in the budget and is awaiting the Kurdistan Region’s response

Political| 03:35 - 01/31/2021

 

 

 

 

Baghdad - Mawazine News
, a member of the Parliamentary Finance Committee, Majida Al-Tamimi, said on Sunday that her committee was able to squeeze 34 trillion dinars from the total amount of the general budget sent by the government, confirming that work will be done to maximize government revenues.
Al-Tamimi said in a television interview, "The Finance Committee has made a great achievement after reducing the budget by about 34 trillion dinars, in a preliminary way, and it is continuing to increase state revenues."
She added that "some government revenues are collected in a very simple way, up to a few dinars, while they should be in the millions and for a long time to increase and maximize government revenues."
Al-Tamimi explained that "the committee is awaiting the final response of the Kurdistan Regional Government to include the paragraphs on the region’s proportions and the understanding on the final version." Ended 29 / h