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Including 315 .. Parliamentary Finance confirms the inclusion and stabilization of these segments in the budget

Posted 30 seconds ago
https://iraqakhbar.com/2995607
News source / Al Furat News
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Al Furat News
News source / Al Furat News

 

{Baghdad: Al Furat News} The Parliamentary Finance Committee confirmed the inclusion of the 315 contracts, and a group of other segments, in the 2021 budget.

 

In a statement, the Euphrates News Agency received a copy of it today, the committee stated that “the financial allocations for contracts and wages (including electricity) have been included in those covered by Resolution 315 and the lecturers in the 2021 budget.”

She also emphasized, “the inclusion of a paragraph for appointing and directing those covered by medical and health graduation and its amendment (the medical, health and support professions) in the final version of the 2021 budget, pointing to the“ confirmation of the clause of appointing postgraduate degree holders and first students within the latest version of the 2021 budget. ”

Raghad Daham

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Deputy ends the debate about whether to pass the budget or not

Posted 27 seconds ago
News source / NR TV
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NR TV
News source / NR TV

 

The deputy for the Kurdistan Democratic Party, Ikhlas Al-Dulaimi, confirmed, on Sunday, that the Kurdish blocs had reached an agreement with Baghdad, likely to vote on the budget today .

Al-Dulaimi said in a statement to NRT Arabia (March 28, 2021), that “the Kurdish blocs have reached agreements with Baghdad on all points of contention, and I think that the budget will pass today,” adding that “the vote on the budget will take place in light of the current consensus on the balance between the Shiite and Sunni blocs. And Kurdish ”.

She pointed out that "the Iraqi street today is stopped and awaiting approval of the budget, in addition to the big problems in the ministries and provinces, even within state institutions ."

And she continued, "The dispute between the Kurdish blocs and Baghdad was about some concessions by the region, and it was agreed on all the articles within the Finance Committee and today we will go to the House of Representatives to vote on the rest of the budget ."

She emphasized that "the agreement will oblige the region to deliver 460 thousand barrels per day to Baghdad, as well as non-oil revenues will also be delivered according to the Financial Management Law, and if these things are delivered, the federal government will be obligated to pay Kurdistan's budget

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Agree to pass the budget

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Baghdad / h. G

Today, Sunday, the Parliamentary Finance Committee announced an agreement between the parliamentary blocs to pass the federal budget for the fiscal year 2021.

A member of the committee, Ikhlas Al-Dulaimi, said in an interview with (the Iraqi Media News Agency /) that "there is a consensus between the parliamentary blocs to pass the budget

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Al-Dulaimi to "Tigris": I expect this budget bill will pass ...

Posted 31 seconds ago
https://iraqakhbar.com/2995636
News source / Tigris Channel
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Tigris Channel
The source of the news / Dijla Channel

 

 

A member of the Financial Committee, Al-Dulaimi, expected that the draft federal budget law would be passed today.

She said while hosting the eight o'clock newsletter for the "Tigris" satellite channel, "The differences between the political forces are closer to resolution and it is possible to pass the budget."

On the issue of the exchange rate of the dollar against the dinar, which is one of the controversial issues, Al-Dulaimi explained, "Changing the exchange rate is within the authority of the central bank and not the parliament, which is a political excuse to prevent the approval of the budget, noting that" the Parliamentary Finance Committee has submitted several amendments to the 2021 budget.

It revealed the existence of a "Shiite - Shiite dispute over foreign loans, and these differences are for the sake of the budget."

And announced the approval of the Kurdistan region to deliver 460 thousand barrels to the center

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Parliament’s Finance announces fixing the dollar’s price in the budget: blocs claim that they will continue until dawn

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 2021-03-28 12:00
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Shafaq News / The Parliamentary Finance Committee confirmed its intention to pass the budget law in today's session, despite political blocs arguing in an attempt to obstruct the session.

The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, told Shafaq News, "The political blocs are using the pretext not to enter the session hall to vote on the budget law."

Al-Saffar added, "The ministers of planning, finance and oil are still clarifying some paragraphs of the budget for the heads of political blocs, including foreign loans, investment projects, provincial shares, degrees of deletion and innovation."

He pointed out that "the Finance Committee has completed all the articles of the budget law, leaving nothing but a political agreement to vote on the budget in today's session."

Al-Saffar indicated that "the Finance Committee is determined to vote on the general budget law until and continued for the dawn hours," pointing out that "the dollar exchange rate is fixed by the budget law."

The Presidency of the House of Representatives had set the ninth evening on Sunday as the date for the voting session on the draft budget bill.

 
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Good news about changing the exchange rate ... a deputy determines the final position before voting on the budget

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Good news about changing the exchange rate ... a deputy determines the final position before voting on the budget

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Parliament and government meet to read the budget materials

Posted 18 seconds ago
News source / PukMedia Network
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PukMedia Network
News source / PukMedia

The Speaker of Parliament, government ministers and heads of blocs held a meeting to read the draft budget law.

According to  our own sources, a meeting was held between the Speaker of Parliament, government ministers and heads of blocs to read the draft budget law for approval.

Our correspondent said, that differences in the draft budget law will be resolved at the meeting, adding that the parliament session will be held this evening and it is expected that the draft budget law will be approved during the session

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The political economy of reducing the Iraqi dinar exchange rate and the 2021 budget
Sunday 28 March 2021 - 08:48
a. Dr.. Sana Abdul Qader Mustafa
Economic researcher and university professor
Introduction
The federal budget law for the year 2021 cannot be discussed in isolation from the exchange rate of the Iraqi dinar against hard currencies, especially the US dollar, the selling price of one barrel of Iraqi oil, the economic policy of the country, the growth and development of the public and private national economy sectors and the import and export policy because all these matters and others are linked to each other because of their The impact on the level of income of real citizens and their well-being that the Iraqi government seeks, and at the same time it is its main goal in theory. In practice, it is the opposite, which is the essence of this article.
I begin this article by listing two important definitions in economics that have been absent from the minds of Iraqi politicians, especially their esteemed parties. Nominal income, which means the amount of income a citizen receives from his work, his pension, or from any other legitimate source of livelihood represented in the currency of the country or elsewhere. Real income means the amount of goods and services that a citizen gets in exchange for nominal income.  
The main goal in the 2021 budget is to raise the real income level of the Iraqi citizen. But in terms of a simple reading of it, we see the opposite, because the first action the esteemed government did was to reduce the value of the Iraqi dinar against foreign currencies, as the US dollar became equal to 1450 Iraqi dinars after it was equal to 1191 Iraqi dinars. 
1. Reducing the exchange rate of the Iraqi dinar
The depreciation of the Iraqi dinar against the dollar has caused disruption in local markets and a significant increase in prices, as most of the goods are imported from outside the country and are linked to the US currency.
It has revitalized and revitalized the Iraqi industry, after many years of extinction and destruction that affected the industrial sector, since the days of the economic blockade in the 1990s, to the fore, with the high demands to work to reduce the negative impact resulting from the deterioration of the value of the Iraqi dinar and by raising the contribution of the public and private industrial sector. In gross national product.
The Iraqi government's decision to reduce the salaries of employees by 20% has aroused the citizens ’resentment and resentment over the rise in the value of the dollar against the Iraqi dinar (1 dollar equivalent to 1450 dinars) great resentment in the country, according to a statement by a member of the Economy and Investment Committee in the House of Representatives, Nada Shaker Jawdat. Jawdat emphasized that this decision is not the decision of the House of Representatives, but rather the decision of the government, which took it and implemented it, without holding a parliamentary session to audit the accounts, as it is not a law. Jawdat warned of the repercussions of the decision to reduce the value of the Iraqi dinar, which led to an increase in the prices of goods and services, and harm to the ordinary Iraqi citizen, due to corruption and mismanagement, as she put it. She considered that the decision to reduce the value of the dinar came a devastating blow to the Iraqi people, due to the lack of control before. The Ministry of Trade over the markets, which began to manipulate the situation of the simple citizen and worsen his livelihood.In the same context, the Director of Information of the Ministry of Industry, Mortada Al-Safi, said that imported materials will be expensive, as a result of the high price of the dollar as well as customs duties, while the national product is exempt from customs tariffs and taxes, and this difference will be an incentive to operate Iraqi factories, whether in the public or private sector.
2. Economic recession and idle industrial facilities
Economic expert Dr. Hammam Al-Shamaa believes that the recession will increase in the Iraqi market, due to the decline in the purchasing power of the mass of employees after the decrease in the value of their salaries. Al-Shamaa suggested that purchasing power will decline by 20%, as a result of the rise in prices, and thus will be reflected in the private sector, and this will lead to an further decline in the gross domestic product.
Dr. Hammam Al-Shamaa estimated the total stalled economic projects at about 50 to 100 thousand projects. Al-Shamaa pointed out that the activities of real sectors, such as agriculture and industry, do not depend on the exchange rate except in a very simple way, and this means that lowering the exchange rate of the Iraqi dinar gives the local product an opportunity to compete with imported products, meaning that Iranian, Turkish and other imported goods in the Iraqi market , It will be more expensive than before, according to Al-Shamaa's estimation. He added, "However, Turkish and Iranian commodities will remain at lower prices than the local ones, due to the devaluation of the Turkish lira and the Iranian riyal to very low levels, and thus their competitiveness remains higher than that of Iraqi goods." Also, the local producer is not able to produce all kinds of goods required by the Iraqi market, and for this it cannot fully meet the market’s need, and therefore there remains a need for import.
For his part, the President of the Federation of Iraqi Industries, Ali Al-Saadi, welcomed the government's decision to reduce import and help the local product to compete, and called on government agencies to support the poor and vulnerable classes by supporting imported products that relate to the life of the citizen, as well as providing the owners of Iraqi factories with subsidized raw materials to compensate Shortages, leaving luxuries and unnecessary items unsupported. The decline of the dinar and the rise in market prices have revitalized the Iraqi industrial projects that have been suspended for a period of nearly two decades.
Al-Saadi revealed in an interview with Al-Jazeera Net that there are 54,000 projects registered in the union, as well as 21,000 projects with the Industrial Development Directorate, and confirmed that 90% of these vital projects have stopped due to their inability to compete, and the lack of a safe business environment. Ideal infrastructure like industrial cities. The head of the Federation of Iraqi Industries indicated that there is no real government support for the local industry, while imported materials are supported in their countries by export support funds. And he indicated that the fees that the Iraqi manufacturer pays to state departments amount to more than 30 fees, and the cost of fuel and electricity is high and unsupported, and most national products are not protected by the product protection law, in addition to that there is intentional commodity dumping and suspicions of money laundering, according to Al-Saadi's statement.
The Director of Information of the Ministry of Industry, Mortada Al-Safi (Al-Jazeera Net), stated that the number of factories and laboratories belonging to public companies is about 285, of which 83 are suspended. Regarding the reasons for the stoppage of factories, he cites many reasons, including the old and outdated equipment. Because most of them are old since 1960, and at the time of the siege of the 1990s they were extinguished due to continuous work and lack of maintenance equipment at that time, as well as wars, and what they were exposed to at the hands of ISIS militants. While Dr. Hammam Al-Shamaa estimates the total stalled economic projects, with more than 50 thousand small and medium industrial projects, and may reach 100 thousand suspended projects. And he indicated that industrial production used to constitute 12% of the gross domestic product, but it has become less than 1% at the present time.
Whereas, Nada Jawdat indicated that there are some influential figures who have factories outside the country, and they do not allow the establishment of a new industry inside Iraq, because they want Iraq to remain a consumer market for their products. It expressed its regret at the war, mismanagement and corruption that Iraq suffers, and regional and international conflict targeting Iraq, as some countries are working to dump Iraq with goods to deplete its budgets. We conclude from this that Iraqi products need to activate the Consumer Protection Law. 
3. The Ministry of Industry's plan to restart the stalled factories
The Ministry of Industry and Minerals developed a plan for the advancement of Iraqi industry, and the return of the "Made in Iraq" reputation again. The plan was divided into 3 sections, short, medium and long-term, according to Mortada Al-Safi, Director of Information of the Ministry of Industry.
Work is currently underway on the first short-term plan, which includes operating factories and factories with less than 30% stoppage. He confirmed that 12 factories and factories of the Ministry of Industry and Minerals had been opened, as part of the short-term plan. Al-Safi explains that these factories and laboratories are spread across Baghdad and all governorates, and varied between medical oxygen laboratories, medicines and asphalt laboratories, pipes that serve the infrastructure, a brick factory, and a factory for the production of electrical transformers. And stresses the need for the public or private sector to invest the opportunity of the high dollar against the Iraqi dinar, which will push the citizen to acquire the local product.
Al-Saadi believes that the industry needs security and services, especially electricity, as well as activating its own laws, such as the law on consumer protection that is legislated in the parliament and is not activated, and also the commodity monopoly law. He stresses that restoring confidence in the local product needs a very long time, because the local industry did not have a sufficient opportunity to be able to succeed in addition to the successive Iraqi governments after the year 2003 opened the door wide to import goods from abroad. While Dr. Hammam Al-Shamaa believes that changing the exchange rate will not be a magic tool to develop the industry and give it the opportunity to succeed, because the real requirements for the renaissance of the industry require abundant capital, security and stability, and arms in the hands of the state, as well as the return of Iraqi industrial projects owned by Iraqis abroad.  
Here, it is necessary to mention the start of activating the construction of roads and transportation that connects industrial projects to markets and the disposal of industrial products, because a large proportion of road roads in central and southern Iraq, estimated at 70%, are in a deplorable and dangerous condition due to the large number of traffic accidents and deaths. 
 
4. Examples of the impact of the depreciation of the dinar on the Iraqi citizen
The Iraqi citizen suffered great losses due to the rapid decline of the Iraqi dinar price against the US dollar as a result of the Central Bank of Iraq’s decision to devalue the local currency, in conjunction with a stifling financial crisis that has plagued the country as a result of the collapse of oil prices due to the Corona pandemic since the spring of 2020.
For example, Wissam Al-Shammari, a poultry farm owner, says that the loss caused by the new exchange rates of the dinar lies in the fact that producers of raw materials for the poultry sector that are sold to local poultry fields import these materials in US dollars and then they are sold to farm owners in Iraqi currency, who pay their values after the sale. Their products are on the market. From here begins the magnification of the loss. Al-Shammari added to Al-Jazeera Net that the sudden decline in the exchange rate of the dinar against the US dollar was the reason for creating a financial gap, and the rise in the price of raw materials by more than 30%, at a time when the profit rate from this process is estimated at 10% -15%. Therefore, whoever bought raw materials for one million dollars lost about 200 thousand dollars in a matter of hours due to the change in the exchange rate, indicating that the losses of his project doubled in batches in the past few days, and reached 10 million Iraqi dinars by the day's coming.
On December 20, 2020, the Central Bank of Iraq imposed the new pricing for the sale of the US dollar in the public auction for the sale of the currency, which set 1450 dinars instead of the previous price of 1190 Iraqi dinars per US dollar. This means that the Central Bank began applying the new price for selling the dollar, so that every 100 US dollars equals 145 thousand Iraqi dinars.
The Iraqi local markets in Baghdad and other governorates were turbulent in mid-December 2020, after a sudden leak of the 2021 draft budget that included the new exchange rate.
And at the International Book Fair in Iraq, which concluded its activities on the evening of Saturday 19 December 2020 in the capital, Baghdad, Iraqi publishing houses suffered great losses due to the decline in the exchange rate of the dinar against the dollar. And a number of publishing house owners stated that they have suffered great losses due to the difference in the exchange rate of the dollar, especially those who deal with Arab publishing houses, as it cost them to pay what they owe in terms of wages, losses of 20 thousand dinars per 100 dollars, in addition to that, the purchase of publications The new book, according to the new dollar exchange rate, will expose the book market to confusion, due to the sudden increase in book prices, which a large group of readers will not be able to acquire.
Economic expert Dr. Mahmoud Dagher told Al-Jazeera Net that "the problems of the new prices will last for about two months, and some of them will need tribal solutions," indicating that "those dealing with traders in the Iraqi market will face difficulties in payment and may disagree about them, although they did not contribute to making the problem, and the government did so afterwards." Out of alternatives. " Dagher added that the Iraqi market needs time to coexist and organize its dealings and settle previous financial transactions before and after the change of the exchange rate, in order to reach settlements between wholesalers and retailers and owners of goods, stores and stores, as well as the problems of contractors in the country who deal with the old exchange rate.
A number of shopkeepers, markets and bread ovens confirmed that the market was affected by the decline in the value of the local currency against the dollar, while they indicated that the value of raw materials increased in the main stores that deal in dollars as a fixed currency.
5. Government plan
Since the collapse of oil prices earlier this year, Iraq is facing an unprecedented liquidity crisis, the government of Prime Minister Mustafa Al-Kazemi has been forced to borrow from the bank’s reserves in dollars to pay nearly $ 5 billion per month, representing public sector salaries and pensions.
A member of the Finance Committee in the Iraqi Parliament, Jamal Cougar, stated that the dinar’s decline against the dollar is an organized government plan to reduce the fiscal deficit and achieve an abundance of revenues. Cougar told Al-Jazeera Net that "the Iraqi government is deliberately raising the price of the dollar against the Iraqi dinar to provide large financial differences in the hope of achieving financial abundance for the state treasury." He pointed out that "Iraq gets a dollar from selling crude oil, and distributes salaries to employees in local currency, and the government believes that it will achieve financial abundance in the event that the dinar's value falls against the dollar." Cougar considered that the policy of raising the price of the dollar against the dinar is "a failure" and harms the Iraqi citizen and limits his financial and purchasing power in the local market, given that prices will rise in the local markets as the value of the dinar decreases.
The decision to reduce the exchange rate of the Iraqi dinar against the US dollar sparked a wave of anger in the Iraqi street, but Prime Minister Mustafa Al-Kazemi defended the government’s move and said that he had two options: “Either the collapse of the system and enter into complete chaos, or we enter into a Caesarian process of reform.” Al-Kazemi cited during a speech at the Iraqi Council of Ministers session held yesterday evening, Saturday, in several countries, including South Korea and Singapore, when they had previously taken "difficult decisions" in order to reform the economy.
At a time when Iraq is still under the weight of a stifling financial crisis that has not been witnessed in decades, popular fears have surfaced that this could reflect on the standard of living for the general population and the poor classes in particular, with an awaited battle awaiting between the government and the House of Representatives to pass the decision within the House of Representatives, Scenarios similar to what happened when the government resorted to borrowing from private banks owned by influential parties in power to pay the salaries of employees and retirement pensions late last year 2020 and early this year 2021.
6. Federal Budget Law for the year 2021
Taking a look at what is going on in the discussion in the Iraqi parliament regarding the federal budget law for 2021, one realizes the extent to which this council underestimates the future and fate of the Iraqi people, who are impatiently awaiting approval of this budget in order to improve their living conditions, while political parties seek to obtain Gains from this budget in order to increase its specific weight in the upcoming parliamentary elections and to obtain more votes in it, in addition to its acquisition of a large share of the oil revenue through the ministries that are part of its share in the Iraqi government formation.   
The head of the Iraqi bloc, Hisham Al-Suhail, described the 2021 budget as a balance of sedition and every bloc that seeks after 
"The lion's share" in that budget, Al-Suhail told Al-Sharqiya News that the failure to pass the budget falls on the shoulders of all the House of Representatives forces because of political interference and disavowal of the agreements concluded overnight.
On Tuesday (March 23, 2021), the MP for the Saeron Alliance, Riyad Al-Masoudi, confirmed that the Kurdistan region’s share in the 2021 budget is not the “only problem” that hinders the passage of the federal budget bill. Al-Masoudi said in an interview with (Baghdad Today), "There are many obstacles facing the passage of the 2021 budget bill, and the Kurdistan region's share in the 2021 budget is not the only obstacle, but it is the biggest and deepest disagreement."
Regarding the other reasons that impede the passage of the budget, Al-Masoudi said that "there is a parliamentary rejection of the exchange rate of the dollar against the Iraqi dinar, and there are also reservations about the financial allocations to the provinces, and demands for political forces in the Sunni component, and others, all of these are the last votes on the 2021 budget law." Until now".
Representative Badr Al-Ziyadi, a member of the Saeroun bloc, spoke (on 3/22/2021) about the latest discussions of the 2021 budget bill, and the parliamentary requests that had hindered its passage during the previous two sessions.
Al-Ziyadi said, in a televised interview, followed by (Baghdad Today), that “a simple knot in Article 11 of the Kurdistan Region’s share in the 2021 budget has caused a disagreement between the region’s delegation and political forces.” He pointed out that “these contracts are solvable, and they are not among the last of the budget. There are other things.
Speaking about this node, he went on to say, "The clause of deduction from the amounts disbursed to the region has been amended from oil extraction for the past year, and the transfer of oil and extracted companies from one month to one year," adding, "As the Parliamentary Finance proposed that it be for a full year, while the Kurdish delegation insisted that the deduction be Month by month, and we expect to reach a compromise that will end the dispute permanently.
And between "new requests have appeared that affected the approval of the budget despite the vote on the budget by agreement of the political blocs in the Finance Committee," describing what happened as a `` serious matter. '' He said, "The requests include the addition of the absentees in the governorates, and it is difficult because they have not yet been inventoried. Al-Fath requested an addition of 35,000 job grades, and these matters are difficult to approve because the budget was written and completed, and the additions will rewrite the budget.
He continued, saying that "the new requests, including the exchange rate adjustment, may delay the approval of the budget and open the door for other blocs to submit new requests, which means that the approval is postponed for a long time."
In the same context, Al-Ziyadi explained that "there are those who demand an amendment to the exchange rate in Parliament, and the matter is not legally permissible because it is within the authority of the Central Bank in accordance with the law and has nothing to do with the House of Representatives determining it." "Any decision that has a financial setback and contradicts the law, the government may appeal to it before the judiciary, and therefore it will not be implemented."
A member of the Kurdistan Regional Parliament, Othman Karim, responded to the "accusations" regarding obstruction of the approval of the budget by the Kurds, while confirming that there is no retreat by the regional government to deliver oil to Baghdad. Karim said in an interview with (Baghdad Today), that "the regional government "Committed to deliver 250 thousand barrels of oil, which is the text that I agreed upon with the federal government, and there is no retreat at all in this regard."
He added, "Whatever the price of oil, the region is committed to delivering this quantity, and negotiations are still continuing, and the regional government has not disavowed it. Rather, what happened is that the political blocs retreated from their positions, but we hope to reach a solution before the House of Representatives session next week."
A member of the House of Representatives for the "Al-Fateh" coalition, Mukhtar Al-Mousawi confirmed, on Monday (March 22, 2021), that the next session of the House of Representatives will be decisive for passing the budget bill for 2021, indicating that some Kurdish forces are trying to impose their positions on the political forces.
 
7. Conclusion
Based on what has been said above, it can be concluded that the interest of the members of Parliament is focused on the interests of their parties in the first place, while the interest of the working classes comes second. As for the reform programs and economic plans developed by the Ministry of Planning and national cadres, no one cares about them and implements them. Thus, this will be the third year without a general budget. 
 
Prof. Dr. Sana Abdel-Qader Mustafa
The Arab Academy in Denmark
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Representative legal announces its conditions for voting on the budget

Posted 41 seconds ago
News source / NR TV
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NR TV
News source / NR TV

 

On Sunday, the Parliamentary Legal Committee confirmed its boycott of the budget voting session due to the "big breaches" contained in the law, stressing the need to amend a set of points in the draft.

Member of the committee, Representative Hussein Al-Uqabi, said in a statement today (March 28, 2021), “The Iraqi Council of Representatives intends to vote on the draft General Budget Law for 2021 soon, and we think it is important and necessary to remind our principled position in boycotting the voting session because of the major violations included in the law. We renew our call for amending some paragraphs and addressing these violations, and it is our great hope for the representatives of the people to respond to these observations and to achieve the principle of social justice and to lift the injustice of citizens, especially those with limited income, and among those points that we consider the need to amend in the draft budget:

1 - Reducing the exchange rate of the dollar and returning it to its previous price after its catastrophic effects on the national economy and its negative repercussions on the living conditions of the citizens became evident and the occurrence of a significant increase in the prices of consumer goods even locally produced, especially with the government's recognition of the harm of this decision and the formation of a committee to limit its effects, with Noting that all the justifications presented by the government previously to justify this wrong measure should be taken by Parliament regarding an honorable national and historical stance to confirm its constitutional authority and representation of the people, even if this requires amending the Central Bank Law.

2 - Failure to approve the new foreign loans included in the draft budget, which amount to more than (8.5) billion dollars, and we warn here about the foreign borrowing policy and its burdensome sovereign and economic effects, especially since many of the projects proposed to allocate these loans to them do not represent a priority in the government investment approach We also confirm the refusal to authorize the Minister of Finance to issue sovereign guarantees.

3 - the abolition of materials that allow for the privatization of all state sectors of production and services and allow the involvement of investors and contractors in the ownership of oil and gas fields, power plants, aircraft Iraqi Airways and government banks, as well as materials that allow the sale of agricultural land owned by the state to the owners of the right to dispose worth much less than the value of realism, as well as To the materials that allow the sale of the state’s financial assets, including industrial, infrastructure, and others .

4 - Abolishing the articles that give the Kurdistan region unjustified privileges at the expense of the rest of the governorates, and we suggest including Article (11) the following text (the region is obligated to deliver (460) thousand barrels in full and all that is added to the company (SOMO) and hand over all its non-oil revenues to the treasury. Public ... and in the event that he refuses to do so, no dues are paid to the region, and the violator bears legal responsibility for that).

We claim that the representatives and representatives of the people will be up to the confidence and responsibility that the people have given them, that they prevent harm to the national economy and limit the effects of floundering government decisions, and we count on their rejection of political pressures, bargaining and electoral auctions at the expense of the nation and the people's interest .

We do not fail to express our thanks and gratitude for the popular efforts and the patriotic voices that rose to correct the provisions of the budget and reject the injustice that occurred on the citizens in it, and we hope that Parliament responds to the voice of the people, as it is the source of authority and no other voice can prevail over it

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Al-Kazemi's advisor talks about the positives for the people in the 2021 budget after its approval - urgent

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News source / Baghdad today
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Baghdad today
News source / Baghdad today

Baghdad today - Baghdad 

Mazhar Muhammad Salih, the financial and economic advisor to the prime minister, Mustafa Al-Kazemi, revealed today, Sunday, that thousands of job opportunities will be provided in the 2021 budget, which is expected to be voted on in Parliament, while talking about other positives that concern the people.

In an interview with (Baghdad Today), Mazhar Muhammad Salih said, "The main move in the draft budget law for the year 2021 came through the adoption of new investment projects that will provide thousands of job opportunities, as well as strengthening market activity."

Saleh added, "In the event that oil prices continue to boom and recover for a reassuring period of time, additional new investment projects will be approved, and the budget may be modified."

He pointed out that "if there is ample time, there will be a supplementary investment budget that includes additional reconstruction projects, as well as a decline in debt as long as the deficit disappears completely and financial surpluses are obtained that are worth the added investment."

The financial and economic advisor to the Prime Minister continued, "The matter in the previous variables is left to the financial budget strategy and estimates as well as financing alternatives."

Earlier, the reporter of the Finance Committee, Ahmed Al-Saffar, revealed the allocation of financial sums to contracts, daily wages and new job ranks in two Iraqi ministries within the 2021 budget.

And Ahmed Al-Saffar confirmed, in a televised interview (Baghdad Today), that political reasons prevented some blocs from entering the vote session on the budget last week, which is outside the powers of the Finance Committee and the House of Representatives.

Al-Saffar added that “adjusting the exchange rate and financial matters in the budget are not among the powers of Parliament, and it is among the powers of the government and the Central Bank.” .

The decision of the Finance Committee in Parliament indicated, “Securing the sums of money for contracts and free lecturers in the ministries of the state,” most likely to be confirmed “according to seniority,” indicating at the same time that “job ranks were allocated in the budget in the ministries of health and education

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Mourning and a Kurdish leader: a quorum is complete to hold the budget voting session

Mourning and a Kurdish leader: a quorum is complete to hold the budget voting session
 

Second Deputy Speaker of Parliament: The quorum is completed for the session to vote on the Budget Law

The head of the Kurdistan Democratic Party’s parliamentary bloc confirmed that the quorum has been completed for the parliament session devoted to passing the fiscal budget for 2021.
Sabri said that “there was a difference in the meeting of the Finance Committee regarding the issue of loans included in the federal budget.”
She pointed to "holding a lot of discussions about fixing the price of the dollar in the budget," stressing that "the necessary work has been accomplished and the parliament session will be held."
She pointed out that "the legal quorum to hold the parliament session is available, and we are waiting for the bell to start the parliamentary session," noting that "the Shiite blocs held a meeting among themselves

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The Al-Fateh Alliance’s stance on the dollar’s price delays the session of the budget passage

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 2021-03-28 12:51
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Shafaq News / On Sunday, the Al-Fateh Alliance informed the Presidency of Parliament that its deputies will not enter the voting session on the budget law, unless the dollar exchange rate is reduced.

A parliamentary source stated, to Shafaq News, that "Al-Fateh Alliance informed the Presidency of Parliament, heads of political blocs and ministers at the current meeting, not to enter the Council Chamber and vote on the budget law without reducing the price of the dollar."

The source added, "This decision caused a delay in the session, and the failure to reach an agreement to vote on the law."

The Parliamentary Finance Committee had confirmed its intention to pass the budget law, at Sunday's session, despite political blocs arguing in an attempt to obstruct the session.

The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, told Shafaq News, "The political blocs are using the pretext not to enter the session hall to vote on the budget law."

The Presidency of the House of Representatives had set the ninth evening on Sunday as the date for the voting session on the draft budget bill.

 
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Al-Halbousi chairs a parliamentary meeting to complete the requirements of the budget legislation

Posted 34 seconds ago
News source / Mawazine News
142832021_d6ccee4cd5d8d4d954131d23a5560a
 
News source / Mawazine News

|  
04:59 - 28/03/2021

Baghdad - Mawazine News
, Speaker of Parliament Muhammad al-Halbousi chaired, on Sunday, a parliamentary meeting
to complete the requirements of enacting the budget bill.
A representative source said in an interview with Mawazine News
that “Al-Halbousi chaired a meeting of the Finance Committee to complete the requirements of legislating the
2021 budget law .”
The Presidency of the Council of Representatives decided to postpone the session of voting on the
budget to seven in the evening. Ended 29 /

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Deputy: There is no longer a problem with the Kurdistan Region’s share of the budget

Posted 34 seconds ago
News source / PukMedia Network
iraq-news-810x456.jpg
PukMedia Network
News source / PukMedia

The deputy in the House of Representatives from the Patriotic Union of Kurdistan, Mariwan Nader, announced that the Speaker and heads of the blocs were in a meeting on reading the articles of the budget bill, adding that the differences that existed in the past no longer exist now.

Deputy Nader told PUKmedia today, Sunday, that if the meeting of the Speaker of Parliament, the Finance Committee and the ministers about reading the budget articles ends without any problems, then this evening the parliament session will be held to vote on the draft budget bill, indicating that the Kurdish representatives in Baghdad in general will attend session.

He explained, that there is no longer a problem with regard to the Kurdistan Region’s share in the draft budget bill, and that what exists is more related to the price of the dollar and the dinar in the draft law.

MP Mariwan Nader said that he does not believe that there is a problem with the quorum for holding the session, because all parties are satisfied and the differences have been greatly reduced

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