Parliamentary Finance: The current budget is the two-year budget, and this is the date for approval

[yota691]

Al-Kazemi's financial advisor: The high price of oil to 75 dollars can solve the budget deficit

•  Time: 02/17/2021 06:59:52
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•  Read: 4,511 times

  

{Baghdad: Al Furat News} The Finance Committee in the House of Representatives revealed that the decisions of the curfew due to the Corona pandemic will not affect the continuation of meetings and dialogues to resolve the budget file.

Concurrently, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, said in a press interview, "The break-even point or balance in the budget requires that the average price of an annual barrel of oil exported abroad be at least $ 75-80 per barrel."
He continued, "At that point, the deficit gap will be closed completely, and the sources of borrowing to fill the budget deficit are often automatically canceled."
He added, "The government is benefiting from the current high oil prices, which have reached more than what was written in the budget, especially with the country heading to closure again," stressing that "this will lead to strengthening the country's financial leverage to face the problems of social need."
For his part, the reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, stated that "the decision to ban curfews due to the Corona pandemic will not affect the continuation of meetings and dialogues to resolve the budget file and vote on it because it concerns the fate of a country and it is supposed to resolve it."
It is likely that "the end of the current week will witness the vote on the budget in the House of Representatives after it was completed by the Finance Committee and is awaiting the results of the region’s delegation meetings to prepare the text for the region’s share in the budget."
Al-Saffar pointed out that "negotiations are continuing between Baghdad and the regional delegation to make changes to the government text in Article (11), and in the event that solutions are reached, matters will be resolved and the budget will be voted on."
Hussein Hatem

[yota691]

Member in Parliamentary Finance: Next Thursday or Saturday to vote on the budget

•  Time: 02/17/2021 14:22:58
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•  Read: 2,379 times

  

{Baghdad: Al Furat News} The Parliamentary Finance Committee expected the date for voting on the draft federal budget law for 2021.

Committee member Shirwan Mirza said in a press statement that "an official date has not yet been set for the vote on the budget bill," pointing out that "there is talk about voting on it on Thursday or next Saturday, but there is no official decision by the council presidency so far about this." Regard. "
He stressed that "the delegation of the Kurdistan region that is visiting Baghdad is waiting for the Shiite blocs to present an alternative text for the government text regarding the region's share in the budget."
And he indicated that "the delegation of the region and the Kurdish blocs are waiting for the Shiite parliamentary blocs to present a text for dialogue on the region’s share," noting that "no text has been submitted yet, stressing the Kurdish blocs' support for the government text of the draft budget."

[yota691]

Finance Committee: No official date has been set for the budget vote

Editing date: 2/17/2021 15:10 • 60 read times

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[Baghdad - Where]
The Parliamentary Finance Committee confirmed, on Wednesday, that there is no official date for voting on the budget. The deputy of the committee, Sherwan Mirza, said that "the delegation of the region and the Kurdish blocs are waiting for the Shiite parliamentary blocs to present a text for dialogue on the region’s share," noting that "no text has been submitted yet."
He stressed "the Kurdish blocs' support for the government text of the draft budget," stressing that "no official date has yet been set for a vote on the draft budget law."
He pointed out, "There is talk about voting on it on Thursday or next Saturday, but there is no official decision by the council presidency so far in this regard."

 

[yota691]

Parliamentary Finance: No official date has been set for the budget vote

 02/17/2021

 

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Baghdad - Al-Mawred News

The Parliamentary Finance Committee confirmed today, Wednesday, that there is no official date for voting on the budget.
The deputy of the committee, Sherwan Mirza, said that "the delegation of the region and the Kurdish blocs are waiting for the Shiite parliamentary blocs to present a text for dialogue on the region’s share," noting that "no text has been submitted yet."
He stressed "the Kurdish blocs' support for the government text of the draft budget," stressing that "no official date has yet been set for a vote on the draft budget law."
He pointed out, "There is talk about voting on it on Thursday or next Saturday, but there is no official decision by the council presidency so far in this regard."

[DWS112]

Representatives: The budget has been transformed into reform, and the government must activate non-oil sectors to liberalize the economy (video)

Economie

2021-02-17 | 08:18

Representatives: The budget has been transformed into reform, and the government must activate non-oil sectors to liberalize the economy
172 views•Premiered 47 minutes ago

 

Source:

Sumerian

 

387 views

 

 

The total of amendments to the federal budget by Parliament, according to its members, came in order to reinforce the non-oil sectors, especially the private sector, which is a step that needs serious measures by the government to strengthen it, and also needs to change the strategy of preparing public budgets.
 

Diversifying the Iraqi economy and liberating it from rent restrictions, which make it a hostage to the whims of the global market, MPs assert that it is an inevitable necessity, but it requires first of all to release the hand of the local producer and support it, with decisions they described as courageous.

The government plans, according to the Prime Minister’s statements Mustafa Al-Kazemi Activating the white paper through which it seeks to activate and suppor t the non-oil sectors, especially agriculture, industry and trade, as well as investment.

 

 

 

 

 

 

[yota691]

Saleh determines the point of equalization and balance of the oil budget

11:07 - 02/17/2021

 

  

The information / Baghdad ..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that the break-even point or balance in the budget requires that the average price of a barrel of oil be at least $ 75-80.
Saleh said in an interview followed by the information, that "the break-even point or balance in the budget requires that the average price of an annual barrel of oil exported abroad be at least $ 75- $ 80 a barrel." The sources of borrowing to fill the budget deficit are mostly canceled automatically.
He added, "The government benefits from the current high oil prices, which have reached more than what was written in the budget, especially with the country heading to closure again," stressing that "this will lead to strengthening the country's financial leverage to face the problems of social need."
Deputies are likely to witness the end of this week the vote on the budget in the House of Representatives after the Finance Committee completed it and is awaiting the results of the region’s delegation meetings to prepare the text for the region’s share in the budget. End / 25

[yota691]

Approval of the 2021 budget law pending agreement on the region's share

Thursday February 18, 2021 107

 

  Baghdad: Mustafa Ibrahim

 

Parliamentary sources confirmed that the decision to approve the 2021 budget in Parliament depends on an agreement on the Kurdistan region’s share in it, and the sources indicated that negotiations between the federal government and the political blocs on the one hand and the regional government delegations will continue during the next week. A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, said in an interview reported by the Iraqi News Agency (INA): “The remaining issue in the draft budget law relates to the region’s share,” noting that “the Kurdish component, including the opposition, accepts the government text that was agreed upon. But no agreement has yet been made to amend this paragraph or replace it with a new text.

Rashid pointed out that "it is possible to resolve this issue within the next 48 hours, and that a vote will be made on the draft budget law (today, Thursday) or early next week," stressing that "there are positive signs, but no agreement has yet been reached on a final version of the text. .

MP for the Patriotic Union of Kurdistan, Hassan Ali, confirmed that nothing new had happened regarding the current negotiations to reach an agreement between the governments of Baghdad and Erbil.

Ali said, "The situation is as it is, and there are continuous meetings, but there are fundamental points of disagreement regarding two paragraphs of the budget law." So far, there is opposition from the regional government to deliver all oil to Baghdad, which demands that all exports from the region be under its supervision.

[yota691]

    
New notes on the budget: approval within days

          

 Politician    
 Added by admin    
 

The Iraqi future / Adel Al-Lami

The head of the Parliamentary Committee for Monitoring the Implementation of the Governmental Program and the Strategic Planning, Representative Hazem Al-Khalidi, presented 9 observations on the draft budget law for the current year.
"We reject the proposal of the Financial Committee, which carries citizens of residential neighborhoods where there is no electricity network, and the financial consequences of establishing those networks by private sector companies," Khalidi said in a statement, which Al-Mustaqbal Al-Iraqi received a copy of.
And he expressed his rejection, that “the citizen bears the cost of changing the overhead distribution networks to land networks, which are paid as dues to the private sector companies that implement this.” Regarding the third note, he demanded “to oblige the Ministry of Electricity to renegotiate the investment contracts for electric power production stations in a way that eliminates the injustice. The Iraqi state ».
He added, "The Financial Committee suggested not to promote any transaction in state departments in the event of non-payment of water and electricity bills, and it is correct that it is not met by those covered by social protection, the poor and the low-income," indicating that "the Finance Committee also proposed a new tariff for water wages of 250 dinars per meter. One cube, and we suggest that those covered by social protection, the poor and those with limited income be excluded from these changes.
He continued, "The Finance Committee also suggested rescheduling the installments for those who purchased state real estate in the liberated areas, and we suggest distinguishing between citizens and officials who purchased those real estate. Those responsible for rescheduling do not include paying installments, and also they are not exempt from late fines."
Regarding the seventh note, he continued, “The Finance Committee suggested exempting mixed sector companies from paying customs duties for raw materials, while the government text only includes the public sector with exemption from customs duties. Customs duties imposed on mixed sector companies, including public sector companies and contractors.
Al-Khalidi rejected, “The Finance Committee’s proposal to withhold the ration card from the family whose income is one million dinars,” submitting a proposal that “withholding is for those whose monthly income exceeds two million dinars.”
In the ninth and final point, the Finance Committee suggested that new investment projects in the governorates, whose cost do not exceed (5) billion dinars, be exempted from instructions for implementing government contracts, including the procedures for announcing and referring to those projects, which means the absence of transparency, control and verification of the efficiency of companies that are contracted with. To implement these projects ».
For its part, the Parliamentary Finance Committee expected the date of the vote on the draft federal budget law for 2021.
Committee member Shirwan Mirza said in a press statement that "no official date has yet been set for the vote on the draft budget law," pointing out that "there is talk about voting on it on Thursday or next Saturday, but there is no official decision by the council's presidency so far about this." Regard ».
He stressed that «the Kurdistan region delegation visiting Baghdad is waiting for the Shiite blocs to present an alternative text for the government text regarding the region’s share in the budget.
And that «the delegation of the region and the Kurdish blocs are waiting for the Shiite parliamentary blocs to present a text for dialogue on the region’s share,» noting that «no text has been submitted yet, stressing the Kurdish blocs’ support for the government text of the draft budget.
In addition, the financial advisor to the prime minister, Mazhar Muhammad Salih, set a price for a barrel of oil that would close the budget deficit gap "completely", as he put it.
Salih said, "The breakeven point or balance in the budget requires that the average annual price of a barrel of oil exported abroad be at least 75-80 dollars a barrel," noting that "at that time the deficit gap will be closed completely and the sources of borrowing to bridge the deficit in the budget are canceled." Mostly automatically.
He added that "the government is benefiting from the current increase in oil prices, which have reached more than what was written in the budget, especially with the country heading to closure again," stressing that "this will lead to strengthening the country's financial leverage to face the problems of social need."
Earlier, the appearance of Muhammad Saleh expected that the price of a barrel of oil would reach $ 60 during the current year, and since last Monday, the price of a barrel of Brent crude reached $ 63.
It is noteworthy that oil prices began to rise dramatically on the day of the announcement of the Pfizer vaccine, on November 9, 2020, as its gains reached 40% at that time.

 

Number of views 130   Date of addition 02/18/2021 - 05:41   Last updated 02/18/2021 - 08:34 

[yota691]

Representatives: Approval of the budget awaits resolution of a 'important' issue

2021.02.18 - 08:00

 

  

Baghdad - People  

The official newspaper revealed, on Thursday, that the decision to approve the 2021 budget in the House of Representatives depends on an agreement on the Kurdistan region’s share in it, indicating that negotiations between the federal government and the political blocs on the one hand and the regional government delegations will continue during the next week.  

 

  

  

A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, told the official newspaper, and "People" followed him (February 18, 2021), that "the remaining issue in the draft budget law relates to the region’s share," noting that "the Kurdish component, including the opposition, accepts the government text." What has been agreed upon, but no agreement has yet been made to amend this paragraph or replace it with a new text. "  

Rashid pointed out that "it is possible to resolve this issue within the next 48 hours, and that a vote will be made on the budget bill (today, Thursday) or early next week," stressing that "there are positive signs, but no agreement has yet been reached on a final version of the text." .  

The MP for the Patriotic Union of Kurdistan, Hassan Ali, confirmed that nothing new had happened regarding the current negotiations to reach an agreement between the governments of Baghdad and Erbil.
Ali told the official newspaper, "The situation is as it is, and there are continuous meetings, but there are fundamental points of disagreement regarding two paragraphs of the budget law," adding that "in light of the current situation, we expect negotiations to continue for the next week, and everything will remain on the agreement. But until now, there is opposition from the regional government to deliver all oil to Baghdad, which demands that all exports of the region be under its supervision.  

[gregp]

They need to hold their pay till next week.  

[yota691]

Parliament is moving to exempt its employees from the ban and expectations of a date for the budget approval session

Editing date: 2/18/2021 15:30 • 27 times read

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[Baghdad-Where]
A representative source revealed that the House of Representatives is in the process of addressing the Joint Operations Command to exclude its employees from the health curfew measures, which come into effect Thursday evening.

The source said, "It is expected that the voting session will be held on the draft federal budget law for 2021 at the beginning of next week.
Referred to, the Supreme Health and Safety Committee decided, last Saturday, a series of decisions to limit the spread of the Corona virus, including the imposition of a comprehensive curfew on Fridays, Saturdays and Sundays of every week, starting on February 18th (today), while the partial ban on Monday, Tuesday, Wednesday and Thursday is from eight o'clock In the evening and until five in the morning until March 8, 2021, and it will be reviewed according to the epidemiological situation.
The Parliamentary Finance Committee revealed today a semi-final agreement regarding the Kurdistan region’s share in the budget, which represents the contract and the most prominent obstacle in its approval.
The committee pointed out that the agreement satisfies the federal government and the region "expected" to vote on the budget in the middle of next week.

[yota691]

 

The Iraqi Parliament talks about the government’s presentation of a "new budget" in the coming months!

 

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 2021-02-18 06:37

 

Shafaq News / The Economy and Investment Committee in the Iraqi Parliament revealed, today, Thursday, the intention of the Iraqi government to present a "new budget" in the coming months, while explaining the reason for that.

Committee member Nada Shaker Jawdat told Shafaq News, "The Iraqi Council of Ministers has fixed the price of selling a barrel of oil at (45) dollars within the 2021 budget law, and oil is currently sold (65) dollars, and this price is subject to increase during the coming period, according to experts and all studies. ".

Jawdat indicated that "the surplus of oil prices will be presented in light of a supplementary budget, which the Iraqi government will provide to the Iraqi parliament, in the coming months, and the funds of these Maronites will be complementary to the previous budget and distributed to all Iraqi provinces according to the need of projects and others, and the parliament will carefully monitor these funds And the way to spend it through the supplementary budget, so that it is far from any suspicions or waste. "

The corridors of the Iraqi parliament are witnessing negotiations between the political forces to reach an agreement on the 2021 budget, without any progress on the issue of voting on it.

[yota691]

A "semi-final" agreement regarding the region's share ... Parliamentary Finance: Passing the budget next week

 

•  Today, 14:10
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Baghdad - IQ  

The Finance Committee in the House of Representatives revealed, on Thursday (February 18, 2021), that a semi-final agreement has been reached regarding the region's share in the current year’s budget, expected to vote on it next week .

A member of the committee, Ikhlas Al-Dulaimi, said in a statement followed by  IQ NEWS , that "the political blocs have reached an almost final agreement on a new formula regarding the region's share in the budget."

She indicated, "The agreement satisfies the federal government and the region," adding that "there is a common understanding about oil imports and other revenues and the region's share."

Al-Dulaimi expected, "voting on the budget in the middle of next week after writing the final agreement within Article 10 of the budget and finalizing the drafting of tables and other attachments."

[yota691]

 

Al-Halbousi bloc: for the next 48 hours, the region’s share of the budget will be settled

 

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 2021-02-18 03:29

 

Shafaq News / The representative of the Iraqi Forces Bloc, Abdul Khaleq Al-Azzawi, confirmed, on Thursday, the continuation of discussions and political dialogues to settle the share of the Kurdistan Region in the budget law, while noting that the next 48 hours will guarantee the settlement of the region’s share.

Al-Azzawi told Shafaq News, "The Parliamentary Finance Committee has resolved all outstanding issues in the draft general budget law, and only the share of the Kurdistan Region remains, but the political discussions and dialogues are still continuing after resolving a percentage of the region's dues file."

He added that "the budget law cannot be ignored in light of the current repercussions, economic conditions and the health crisis, especially after taking a series of preventive measures and imposing a curfew in the country."

The representative of the Iraqi Forces Bloc, headed by Muhammad al-Halbousi, Speaker of Parliament, stated that "the next 48 hours will ensure a political agreement and the settlement of the Kurdistan Region’s share in the Budget Law," and the vote on the law is expected at the same time next week.

Last December, Baghdad and Erbil reached an agreement on the financial budget, stipulating that the region hand over 250 thousand barrels of oil per day, and half of the revenues from border crossings and others to the federal government, in exchange for a share in the budget of 12.6 percent.

The agreement was included in the draft budget, but Shiite blocs in Parliament reject the agreement, which impedes its passage in Parliament.

[yota691]

 

Kurdistan Democratic Party: Political forces pressure the government to prevent the implementation of Article 140

 

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 2021-02-18 05:37

 

Shafaq News / The deputy of the Kurdistan Democratic Party (KDP) bloc in the Iraqi parliament, Diyar Barwari, stressed today, Thursday, the need to normalize the situation in the disputed areas to preserve the security of the region and Iraq as a whole, pointing to political pressure to prevent the implementation of Article 140.

Barwari said, to Shafaq News, "The former Iraqi government and the current government do not have any real will in the issue of implementing Article 140 of the Iraqi constitution and normalizing the situation in the disputed areas, and this is all due to pressures that these governments are being exposed to by specific political parties, The aim of this pressure is to prevent any security and military coordination and cooperation between Baghdad and Erbil. "

He pointed out that "there are serious and large security gaps in the disputed areas, and that is why the situation in these areas must be normalized, not by the way that they be managed exclusively by the Peshmerga forces, but rather there is a joint security administration between Baghdad and Erbil, as these gaps constitute a threat not to the region, but In all of Iraq, especially in areas that are subject to terrorist attacks, the terrorist organization ISIS exploits these loopholes in order to move.

The deputy of the Kurdistan Democratic Party bloc in the Iraqi parliament concluded: To say that "the situation remains as it is currently without normalization in the disputed areas and a joint security administration between Baghdad and Erbil means continuing fear and concern about targeting the security of the region and Iraq in all its regions, especially these gaps constitute a threat to the security and stability of Iraq, and may open gaps in other more dangerous areas." From the current ".

[yota691]

Parliament is moving to exempt its employees from the ban and expectations of a date for the budget approval session

•  Time: 02/18/2021 15:13:26
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•  Read: 2,639 times

  

{Baghdad: Al-Furat News} A representative source revealed that the House of Representatives is in the process of addressing the Joint Operations Command to exclude its employees from the health curfew, which comes into effect on Thursday evening.

The source told {Al-Furat News} that "it is expected that the voting session on the draft federal budget law for 2021 will be held early next week."
Referred to, the Supreme Health and Safety Committee decided, last Saturday, a series of decisions to limit the spread of the Corona virus, including the imposition of a comprehensive curfew on Fridays, Saturdays and Sundays of every week, starting on February 18th (today), while the partial ban on Monday, Tuesday, Wednesday and Thursday is from eight o'clock In the evening and until five in the morning until March 8, 2021, and it will be reviewed according to the epidemiological situation.
The Parliamentary Finance Committee revealed today a semi-final agreement regarding the Kurdistan region’s share in the budget, which represents the contract and the most prominent obstacle in its approval.
The committee pointed out that the agreement satisfies the federal government and the region "expected" to vote on the budget in the middle of next week.

[yota691]

Advisor to the Prime Minister: The Ministry of Finance will make a change to the 2021 budget

Thursday 18th February 2021 - 16:54

Baghdad - conscious

The Prime Minister's Adviser for Financial Affairs Mazhar Muhammad Salih revealed changes that the Ministry of Finance will make to the General Budget Law for 2021.

Saleh told the Iraqi News Agency (INA), today, Thursday, that "the Ministry of Finance will make the required amendments and it is responsible for preparing the budget under the Financial Management Law before submitting the amendments to the Council of Ministers for approval and submitting them to the House of Representatives."

He added that "Iraq received strong support in the face of its double economic crisis (health and financial) from the Financial Alliance Group following the success of Iraqi diplomacy in continuing its dialogues with international institutions."

He pointed out, "the formation of the Supreme Committee for Reform as (the central executive force) to manage economic reform and rehabilitation of the national economy with a unified vision and road milestones that seek its goals and according to the principles of the White Paper itself." 

He explained that "the white paper came from the beginning as central principles of reform and its application must bring about a change in the paths of the national economy and its transformation from (recurrent economic crises and stagnation economy) to (a stable and sustainable development economy).

And he indicated that "the international financial and economic community itself has begun to consider issues of promoting productive and investment activity and stabilizing sustainable development goals that deserve support from its multilateral institutions such as the World Bank and others and many United Nations development agencies."

He pointed out that "the establishment of a central national reference and implementation of economic reform will inevitably allow a positive deal with the international community in the attribution of development, economic progress and stability in Iraq."

Earlier, Cabinet spokesman Hassan Nazim announced the formation of a committee in the Cabinet to study amendments to the federal budget for 2021.

[yota691]

Advisor to the Prime Minister reveals changes to the Finance Ministry on the budget

Al-Noor News / Baghdad
, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, revealed changes that the Ministry of Finance will make to the General Budget Law for 2021.

"The Ministry of Finance will make the required adjustments and it is responsible for preparing the budget under the Financial Management Law before submitting the amendments to the Council of Ministers for approval and submitting them to the House of Representatives," Saleh told the Iraqi News Agency.

He added, "Iraq received strong support in the face of its double economic crisis (health and financial) from the Financial Alliance Group following the success of Iraqi diplomacy in continuing its dialogues with international institutions."

The advisor to the prime minister indicated, "the formation of the Supreme Committee for Reform as (the central executive force) to manage economic reform and rehabilitate the national economy with a unified vision and road milestones that seek its goals and in accordance with the principles of the White Paper itself.

He explained, "The White Paper came from the beginning as central principles of reform and its application must change the paths of the national economy and transform it from (recurrent economic crises and stagnation economy) to (a stable and sustainable development economy).

And Saleh indicated, "The international financial and economic community itself has begun to look at issues of promoting productive and investment activity and stabilizing sustainable development goals that deserve support from its multilateral institutions such as the World Bank and others and many United Nations development agencies."

He pointed out that "the establishment of a central national reference for the implementation of economic reform will inevitably allow a positive deal with the international community in the attribution of development, economic progress and stability in Iraq."
Earlier, Cabinet spokesman Hassan Nazim announced the formation of a committee in the Cabinet to study amendments to the federal budget for 2021.

[yota691]

Parliamentary law defines the "biggest obstacle" in approving the general budget

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On Thursday, a member of the Parliamentary Legal Committee identified what he described as the "biggest obstacle" to approving the general budget for Iraq for the year 2021.

Representative Yahya Al-Muhammadi said in statements followed by 7sky, that "the budget has reached its final stages, despite entering the parliament during the lost time of its resolution."

Al-Muhammadi, who is a deputy from Anbar Province in western Iraq, added that “the biggest obstacle is the Kurdistan Region’s share of the budget, which has not been finally decided yet.” .

And Al-Muhammadi stated, "The majority of the blocs have included their proposals within the budget, and this will contribute to achieving the country's interest, in light of the conditions of austerity that we are going through."

Al-Mohammadi stressed, "Everyone worked to reduce the doors of exchange, and focus on ongoing projects, taking into account the treatment of some important files in strategic projects."

Al-Muhammadi concluded his speech, stressing that "considerable amounts of money have been included to pay compensation and close the file of displacement and absentees, for the governorates liberated from ISIS."

The corridors of the Iraqi parliament are witnessing negotiations between the political forces to reach an agreement on the 2021 budget, without any progress on the issue of voting on it.

[yota691]

Expectations are that the Iraqi parliament will vote on the 2021 budget next Thursday

Iraqi Parliament

 February 19, 2021 6:36 PM

 

Mubasher: The Parliamentary Finance Committee in Iraq suggested, next Thursday, a date for voting on the 2021 budget after reaching a final government agreement on the region's oil exports.

A member of the Parliamentary Finance Committee, Sadiq Mudlul Al-Sultani, revealed to the Iraqi News Agency (INA) today, Friday, that the federal government and the region’s delegation reached a semi-final agreement on the region’s oil exports and its share in the budget.

"The agreement is to deliver 250,000 in-kind barrels per day to the National Oil Marketing Company (SOMO), and the rest of the production will be paid in the form of production, marketing and domestic consumption costs in the region," he added.

He continued, "It is likely that the budget will be presented to a vote next Thursday, after the final agreement is drawn up between the parties in the draft budget."

[yota691]

Parliamentary Finance determines the date for voting on the budget

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Today, Friday, the Finance Committee has set the date for voting on the federal budget for 2021.

Committee member Sadiq Al-Sultani said, according to the official agency, that "next Thursday will be the date for voting on the 2021 budget after reaching a final government agreement regarding the region's oil exports," indicating that "the government and the region’s delegation have reached a semi-final agreement on the region’s oil exports and its share in the budget. ".

He added that "the agreement is to deliver 250 thousand in-kind barrels per day for the benefit of the National Oil Marketing Company (SOMO), and the remaining production will be paid in the form of production, marketing and domestic consumption costs in the region."

[yota691]

Al-Agili: More than half of the budget goes to the corrupt, and opening corruption files will bring down the political system

• THURSDAY, 18-02-2021, PM 1:13
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The former president of the Integrity Commission, Judge Rahim al-Aqili, saw that more than half of Iraq's budget goes into the pockets of the corrupt, indicating that the corruption files, if opened seriously, will lead to the downfall of the political system.

Al-Aqili said in a televised interview, "Talking about the extent of corruption in Iraq has become boring, even young children know it," indicating that "when I was in the Integrity Commission, indications indicate that more than half of Iraq's budget goes into the pockets of the corrupt, and there is a similar one being stolen from outside. The budget, if we talk about 600 billion dollars stolen from the budget only along with what was stolen from outside the budget, such as real estate, oil derivative projects, border outlets, taxes collected outside the framework of the state that enter the pockets of the corrupt, and other things.

He added, "The symbols of the political system themselves admit this, and I always cite in this to a statement by Ali Al-Adeeb in which he says that if the files of corruption are opened, the political system will fall completely, because everyone is involved in corruption, and this is the fact that the system of political corruption is mutually supportive and cannot be violated." .

[GreedyDinar07]

And these people always want to scream God's name but they are beyond greedy!! They hate the swine but they sure have an appetite like one! Half of the GOI!! What Country in their right mind would want to invest in this Country until this mess is cleaned up and who knows how long that will take. Geessh  they have to be stealing money because where else will they get the incentive to continue with this insanity. Someone please name one thing the GOI has done since Al khdemi has been in office except sign MOI's. The budget hasn't been finalized nor has the HCL.(Nothing new) If lowering the exchange rate will keep the money out of their hands then I am all for it. This is insanity. And you guys can call me negative all you want but the truth is the truth! They will throw us a bone every now and then and it it back to rouge business as usual....oh well GO RV!! 

[yota691]

/ NINA / publishes the amendments that were finally included in the General Budget Law 2021

Saturday 20 February 2021 14:42 | Political Views: 224

Baghdad / NINA / The Iraqi National News Agency publishes the latest amendments that have been completely included so far in the draft general budget bill 2021, as prepared by the Parliamentary Finance Committee.



📌- Lecturers ’salaries, procedures and contracts were allocated within the 2021 budget on a monthly, fixed basis.

2- Transferring the bachelor’s degree holders and up in the security ministries to the civilian owners, for those who wish, and within the owners of the same ministry.

2- Allocating job grades for those covered by the Medical Progression Law (Law 6 of 2000).

7- No deductions or income tax for employees or retirees in the 2021 budget.

8- Including the disbursement of late salaries about a year ago, for those directly involved in the Ministry of Labor and Social Affairs in Babel and Muthanna, as well as for raising Babel.

8- Passing a law appointing first and first degree holders in the 2021 budget.

9- All the farmers ’dues will be disbursed, before all, as soon as the budget is passed. / End 5

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Deputy: We need only one session to pass the budget next week

 

money and business Economy News _ Baghdad Member of Parliament, MP Sadiq Al-Sulaiti, confirmed, on Saturday, that the budget will pass next week in one session in which voting will take place after the consensus of the political blocs, pointing out that there is nothing left but agreement on the two articles on Kurdistan, and there are understandings and the crisis will end. Al-Sulaiti said in a press interview, "The budget will be voted on next week after the final agreement between Baghdad and Erbil is announced." He added that "the budget and its passage need one parliamentary session to vote on it," noting that "there are understandings that would end the crisis." Al-Sulaiti pointed out, "So far, nothing remains of the budget paragraphs except for the agreement to pass the two articles on the oil of the Kurdistan region, as well as some projects and service items within the budget."

Number of observations 101   Date added 02/20/2021