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Parliamentary Finance: The 2021 budget will be passed by consensus of the political blocs


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Parliamentary Finance: The 2021 budget will be passed by consensus of the political blocs

  •  Yesterday, 18:28
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 Political

Baghdad - INA - Noor Al-Zaidi
, the Parliamentary Finance Committee confirmed, today, Monday, that the 2021 budget will be passed in agreement with all political blocs.
A member of the committee, Naji Al-Saeedi, told the Iraqi News Agency (INA): "The vote on the budget will be at the end of this week," indicating that "the budget will not be passed without consensus."
He added, "The budget will pass in agreement with all political blocs, including the Kurdish blocs," ruling out "voting on the budget by the majority."
Al-Saeidy added, "If there had been a majority vote, negotiations would not have continued and the approval of the budget would have been delayed until this moment."
Earlier, the Parliamentary Finance Committee announced the completion of all articles of the General Budget Law, and delivered a letter to the Presidency of the Council of Representatives since February 15, 2021, for the purpose of setting a date for voting on it.

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Barwari: The region's dues are being used for electoral purposes

  •  Yesterday, 14:40
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 Political

Baghdad - Awa - Ahmad Aram
, the deputy of the Kurdistan Democratic Party, Diyar Barwari, said today, Sunday, that some political blocs are exploiting the issue of the region's entitlements for electoral purposes.
Berwari said in a statement to Al-Iraqiya Al-Akhbariya, followed by the Iraqi News Agency (INA): "The paragraph related to the Kurdistan region's entitlements in the budget law came as a result of negotiations of the region's delegation in Baghdad," stressing the commitment of the regional and federal governments to the draft budget proposals.
He added, "In the event that any amendment is made to the budget law, he must have the two governments know about it, especially with imposing additional obligations on the regional government, so he must discuss them with the Finance Committee."
He continued, "Some political blocs are trying to exploit the issue of the region, especially as it is a popular electoral card in the street," stressing that "the region is part of Iraq and the blocs must defend their provinces instead of reducing the legal value of the region."

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 2021-03-01 12:24
 

Shafaq News / The Iraqi Parliament Speaker, Muhammad al-Halbousi announced that tomorrow, Tuesday, will be the date for a meeting between the Presidency of the Council of Representatives and the heads of political forces.

The Media Department of Parliament said in a brief statement received by Shafaq News, "The meeting will discuss the necessary laws in the corridors of the parliament, including the budget law to expedite its approval, in addition to the Federal Court law."

The federal budget for 2021 is still circulating in the corridors of the House of Representatives despite the initiation of discussing its articles more than two months ago, as the share of the Kurdistan Region represents the most prominent obstacle, in addition to the objection of some political blocs to the decision to raise the exchange rate of the dollar.

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On Tuesday, the Presidency of the House of Representatives held a meeting with the leaders of the political blocs to discuss the budget laws and the Federal Court.


A parliamentary source said, "The Presidency of Parliament headed by Muhammad al-Halbousi held a meeting with the leaders of political blocs in order to resolve the pending laws in Parliament, to resolve the vote on them, most notably the Budget Law and the Federal Court."


Today, the House of Representatives set a date for a meeting of the Presidency of the Council with the heads of political forces on the necessary laws in the corridors of the Council, including the Budget Law to expedite its approval, in addition to the Federal Court Law

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The information / Baghdad ..

A member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, confirmed, on Tuesday, that there is no agreement on the paragraph of the region’s share in the budget yet, indicating that the remaining paragraphs are simple articles 10 and 11 of the draft budget law related to the region’s share.

Al-Dulaimi said in a statement to / al-Maaloumah /, that "the Finance Committee arrived, after hard efforts, to complete the draft budget law in full, and the remainder of the simple paragraphs related to the region's share."

She added that "the text in the budget is a binding and conditional text, meaning that the region delivers 250 thousand barrels of oil and its non-oil revenues in order to receive in return its share of the budget."

Al-Dulaimi, who is a representative of the Kurdistan Democratic Party, pointed out that “no agreement has been reached in this regard yet,” asserting that “Prime Minister Mustafa Al-Kazemi instructed that he could not implement any text if there is an opinion that contradicts the stipulated text of the 2021 budget bill.”

The Parliamentary Finance Committee confirmed, yesterday, Monday, that it is not aware of the date of the session to vote on the budget and discuss the items that have been amended, calling on the Kurdish parties that caused the suspension of the budget to settle their matter. End / 25 h

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calendar.png 2021/03/02
 
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Follow-up / Al-Mawred News

 

On Tuesday, the Presidency of the House of Representatives held a meeting with the leaders of the political blocs to discuss the budget laws and the Federal Court.

A representative source said to local agencies that "the Presidency of Parliament headed by Muhammad al-Halbousi held a meeting with leaders of political blocs in order to resolve the pending laws in Parliament, to resolve the vote on them, most notably the Budget Law and the Federal Court.

Today, the House of Representatives set a date for a meeting of the Presidency of the Council with the heads of political forces on the necessary laws in the corridors of the Council, including the Budget Law to expedite its approval, in addition to the Federal Court Law.

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The information / Baghdad ..

The Parliamentary Legal Committee confirmed, on Tuesday, that there is a trend within Parliament to end the Federal Court law, indicating that the amendment of this law will be submitted to a vote in the House of Representatives after the passage of the budget bill.

A member of the legal committee, Bahar Mahmoud, said in a statement that the law was seen by the information, that “the legal committee has finished the Federal Court’s law, and the contentious paragraphs remain that the political blocs are still discussing,” indicating that “the committee, if the blocs agree, will present the law to the Presidency and submit its report to it. “.

Mahmoud explained that “differences are still regarding the number of Sharia jurists and their connection to the court, the point of their appointment and the mechanism of their vote,” noting that “the legal committee has prepared the two laws, whether amendments to the current law or the issuance of a new law in accordance with the constitution, despite the difficulty of voting on it, since it needs two-thirds of the members to vote. Parliament ”.

She added, "This law is important in the elections," calling on "the political blocs to agree on it to present it to vote in the coming period." End / 25

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Yes Iraq: Baghdad

 

A member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, confirmed, on Tuesday, that there is no agreement on the paragraph of the region’s share in the budget yet, indicating that the remaining paragraphs are simple articles 10 and 11 of the draft budget law related to the region’s share.

 

Al-Dulaimi said in a press statement that "the Finance Committee arrived, after hard efforts, to complete the draft budget law in full, and the remaining minor paragraphs related to the region's share."

 

She added that "the text in the budget is a binding and conditional text, meaning that the region delivers 250 thousand barrels of oil and its non-oil revenues in order to receive in return its share of the budget."

 

Al-Dulaimi, who is a representative of the Kurdistan Democratic Party, pointed out that “no agreement has been reached in this regard yet,” asserting that “Prime Minister Mustafa Al-Kazemi instructed that he could not implement any text if there is an opinion that contradicts the stipulated text of the 2021 budget bill.”

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It may end the differences ... a decisive meeting of the Presidency of Parliament and the leaders of the blocs on the budget today

 

 

1,062 Policy 2021/03/02 12:56 ha Baghdad Today -

Special A member of the Parliamentary Finance Committee, Muhammad al-Shabaki, confirmed, on Tuesday (March 2, 2021), that today's meeting between the Presidency of the House of Representatives and the leaders of political blocs will settle disputes over the 2021 budget bill. Al-Shbaki said, in an interview with (Baghdad Today), "The House of Representatives and the political forces are determined to pass the 2021 budget bill as soon as possible. He added, "Today's meeting between the Presidency of Parliament and the political forces will witness reaching an agreement and agreeing to resolve differences over the budget, especially with regard to the region's proportion, as it is the main obstacle in passing the project." Al-Shabaki expected, "After today's meeting, the draft budget bill will be voted on Thursday of this week, and this matter certainly depends on the results and understandings of the meeting." And the Speaker of Parliament, Muhammad al-Halbousi, set today, Tuesday, a date for a meeting with the heads of political blocs to resolve the budget laws and the Federal Court. Al-Halbousi said during the parliament session on Monday, that "it was decided on Tuesday for the Presidency of the Council to meet with the heads of political forces on the necessary laws in the corridors of the Council, including the Budget Law to expedite its approval, in addition to the Federal Court Law." Earlier in the day, the former Minister of Construction and Housing, two Rikani banks, spoke about the latest developments regarding the ongoing negotiations between Baghdad and Erbil regarding the provisions of the 2021 budget bill, while it is expected that it will be presented to the vote next Thursday. Rikani said, in a press interview, followed by (Baghdad Today), that "the oil agreement is present and agreed upon, and nothing can be added to it, but the dispute revolves around the drafting of the text of the agreement. Should Kurdistan receive 250 thousand barrels and fix it in the budget, or add a clause that obliges a region?" Kurdistan delivers all its oil after deducting the value of the wages of producing and operating companies in Kurdistan and deducting domestic consumption. He added, "The disagreement between the political parties revolves around the nature of drafting the text of the agreement," and expected: "The arrival of the various parties to an agreement will help pass the federal budget law in the upcoming parliamentary sessions." The former Kurdish minister expressed his hope that "the political blocs will reach an agreement in the coming hours in order to present the budget law to a vote next Thursday."

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 money and business


Economy News _ Baghdad

A member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, confirmed, on Tuesday, that there is no agreement on the paragraph of the region’s share in the budget yet, indicating that the remaining paragraphs are simple articles 10 and 11 of the draft budget law related to the region’s share.

Al-Dulaimi said in a press interview, "The Finance Committee arrived, after hard effort, to complete the draft budget law in full, and the remaining minor paragraphs related to the region's share."

She added that "the text in the budget is a binding and conditional text, meaning that the region delivers 250 thousand barrels of oil and its non-oil revenues in order to receive in return its share of the budget."

Al-Dulaimi indicated that “no agreement has been reached in this regard yet,” asserting that “Prime Minister Mustafa Al-Kazemi instructed that he could not implement any text if there is an interpretation that contradicts the stipulated text of the 2021 budget bill.”

 
 
Number of observations 110   Date added 03/02/2021
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From yesterday

 

 

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Today, Monday, the Parliamentary Finance Committee confirmed that the 2021 budget will be passed in agreement with all political blocs.

A committee member said Naji Al-Saeedi In an interview quoted by the Iraqi News Agency, "the vote on the budget will be at the end of this week," indicating that "the budget will not be passed without consensus."
 
He added, "The budget will pass in agreement with all political blocs, including the Kurdish blocs," ruling out "voting on the budget by the majority."
 
 
Al-Saeidy added, "If there had been a majority vote, negotiations would not have continued and the approval of the budget would have been delayed until this moment."
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50 minutes ago, md11fr8dawg said:

Sorry Johnny, didn't see your post before I pulled the trigger. Didn't mean to steal your thunder!!!

 

All good.  You didn't steal anything.  

 

I wonder who gave you the down arrow though.  Some people here are way too sensitive. 

Edited by JonnyV
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The possibility of the dollar jumping above 150 thousand Iraqi dinars: “several reasons” for the increase, and this is what the 2021 budget will do after its approval!

2021-03-02
140-204238-virus-russian-ruble-historic-

Yes Iraq - Baghdad

A member of the Economic Committee in Parliament, Representative Mazen Al-Faily, commented today, Tuesday, on the expectations of a qualitative leap expected in the price of the dollar, after the approval of the general fiscal budget for the year 2021, hours after the price jump that pushed it above the 1460 dinars after it was closed yesterday In all governorates, under 145,500.

Today's rise coincided with the announcement of the deputies to reach a consensus with the Kurdistan region that allows the budget legislation next Thursday in the House of Representatives.

"The rise in the exchange rate of the dollar or its descent against the Iraqi dinar in the past days, was within a reasonable and not great range," Mazen Al-Faily said, in televised statements followed by "Yes Iraq", pointing out that "several reasons stand behind the fluctuation of the exchange rate."

"The most prominent reasons that contributed to the fluctuation of the dollar's prices are the news and the circulating statements about the presence of parliamentary demands to return the previous exchange rate, in addition to the presence of speculation occurring in the markets, and the extent of their activity," Al-Faily explained.

He added, "The exchange rate of the dollar will not see any leap forward and a form that makes it above 1500 dinars, as some say after the budget is approved, but it will certainly be affected by the extent of supply and demand, and this is a well-known framework and measure." Problems still exist, especially between the center and the region.

And local media reported a parliamentary meeting that took place today, Tuesday, between the political blocs to discuss the budget law.

Yesterday, during the House of Representatives session, the House of Representatives set today, Tuesday, a date for "the Presidency of the Council to meet with the heads of political forces on the necessary laws in the corridors of the Council, including the Budget Law to expedite its approval, in addition to the Federal Court Law."

Differences over the draft federal budget bill for the current year still exist, due to the disagreement over the share of the Kurdistan region within the budget, and the failure of the governments of Baghdad and Erbil to reach a final agreement.


 

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Parliamentary Finance: political blocs that linked the passage of the budget to the Federal Court’s law

  • Today, 19:39
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Political

Baghdad - Awa - Soma Al-Jaf
The Parliamentary Finance Committee revealed, today, Tuesday, the reasons for the delay in approving the budget, while it has set a likely date for passing it.
A member of the committee, Sherwan Mirza, said in a statement to the Iraqi News Agency (INA), that "the draft budget law is still suspended at Article 11 of the draft, and that the matter is currently dependent on some political blocs."
He referred to the search for an alternative text to the one sent by the government regarding sending 250,000 barrels of oil and 50% of the Kurdistan region’s resources, indicating that “the Kurds agree to negotiate any constitutional article that guarantees everyone’s rights.”
He pointed out that “the Parliamentary Finance Committee is still Waiting for the blocks proposal to amend Article Eleven of the Budget Law. ”
 Mirza stressed that“ some political blocs linked the vote on the Budget Law to voting on the Federal Court Law in order to hold early elections. ”
 He continued that "there is still no proposal regarding the budget in order to be accepted or rejected by the Kurdistan Alliance," considering that "it is not correct to vote on the budget law by a political majority."
Mirza favored the vote on the budget law in the House of Representatives the day after tomorrow, Thursday, if the law is agreed upon

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Minister of Finance: The salaries of employees will be paid in their own time, including the degrees of deletion and creation in the budget

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Politics / Economy

Baghdad - INA 
Photo by: Hussein Alwanan
, Minister of Finance, Ali Allawi, announced the focus of the white paper on introducing the principle of economic pricing and streamlining of expenditures. And while he indicated ensuring the commitment to pay the salaries of employees on time, he emphasized submitting proposals on the amendments made to the 2021 budget
. Allawi said in an interview. With the Iraqi News Agency (INA): "Iraq has gone through a stifling financial crisis, as state revenues in 2020 became the lowest since 2014," indicating that "the white paper began not only with the rationalization of expenditures, but focused on known sources that require reform and fundamental change and lean expenditures, The principle of economic pricing was introduced because the main inputs are subsidized, and this reflects the pricing revenues of oil inputs to the distribution companies and refineries companies.
He added that "Iraq began building al-Qaeda and developing it in the future in order to reduce our dependence on oil revenues," noting that "the ministry is trying to solve decades-old accumulated problems that cannot be neglected without addressing the joints affected by these wrong policies, as this requires a large package of reforms." .
Allawi said, "We cannot proceed with economic development and put Iraq on a new economic path without addressing the problems," explaining that "the white paper focused on addressing 600 measures that occur in 60 specific packages within 3 to 5 years, and are applied to all major state joints from Ministries to bodies that require constant and continuous work. "
He pointed out that "it is not possible to fix a certain thing without knowing its impact on other sectors, as it is a complex network and the method of dismantling it on a regular basis needs specific timings."

Obstacles to the implementation of some provisions of the reform paper
Allawi stressed, "There are obstacles to the implementation of reform because every reform will affect and be affected by certain parties," noting that "despite our conviction as a state and as a people of the necessity of reform and putting Iraq on a track, without total reliance on petroleum materials, that requires that we face difficulties and provide solutions that do not." Greatly affect the fragile layers. "
He added that "these measures will face reactions and perhaps resistance, for example we cannot avoid the necessity of completing all government institutions," noting that "in the 21st century, Iraq cannot remain late, and the philosophy and policy of the private sector cannot be adopted and supported if the obstacles are not removed." Existing in each of the joints, which must be disassembled in a scientific and objective way, which can affect the short stage, but on a medium and long term, as all of them are necessary.

Budget adjustments
Allawi continued that "until now, we do not know the final form of the general budget for 2021, which has not been submitted to the vote yet," noting that "according to our contacts, the budget items have not changed much, especially after the agreement that we reached with the Finance Committee in the House of Representatives, as The reforms and changes requested by the committee to include a large part of contracts in the budget that do not exist in it. "
Allawi stressed, "Regarding the deficit, it has decreased to about 30 trillion dinars," explaining that "this is within the capabilities of the government funded locally and abroad without affecting the public debt without affecting the ceilings."

The final price of a barrel of oil in the budget
Allawi said, "With regard to the price of oil, when the government presented the budget, the price of a barrel of oil was $ 42, now it has changed to $ 45, and this price is very reasonable and final," adding that "indications are that the price will be relatively conservative. Real revenues will be more, because they give us." A kind of flexibility to shift resources to points where they were scarce. "
Allawi stated that "the ministry has basic projects that have been developed, especially in support of the poor and support for the treatment of Corona and social welfare, but there are other detailed issues, but in general are the reductions that the House of Representatives have entered into the budget will be presented in an acceptable way," noting that "the main reductions are how to deal with Delays, the ministry has arrears that must be met. However, the Finance Committee in the House of Representatives decided to postpone and leave for periods of time. Likewise, with regard to internal debts, these items are not considered a fundamental disagreement, but a procedural one. "

Income tax
Allawi stressed, "We expect that the House of Representatives will place an income tax on all salaries and all allocations, and we do not have any forms. This is another way, and this will lead to a reduction in the expected revenues, but in light of the circumstances we are going through, this change is reasonable, I mean within reasonable limits."
Allawi continued, "The Finance Committee did not give us the draft budget, but rather ideas and some proposals and points on which the debate takes place," explaining that "the budget now in front of the House of Representatives, we presented it as a government, as amendments will be made by taking the viewpoint of the position of the Finance Committee as well as the additional positions that we presented as a ministry." Finance".
Allawi stated that "the budget was presented by the government and is now in front of the House of Representatives, and the Finance Committee had some amendments, but these amendments must be presented to the representatives as a whole until they are voted on," indicating that "We did not receive draft amendments and not a budget, and we discussed it with the Finance Committee in a friendly manner, in a good atmosphere. "


Dollar exchange,

 

Allawi pointed out that "the exchange rate of the dollar is a government decision linked between the Ministry of Finance and the Central Bank," explaining that "this price that we reached after months of study and months of discussions and even controversy with local and international parties, this price is very important and cannot be changed." Daily as desired. "
He continued that "the exchange rate came according to our indicators and studies in discussion with the Central Bank and with the International Monetary Fund and with other Iraqi parties, including the heads of the blocs and the House of Representatives," considering that "this price is reasonable and there is a great response regarding the impact on government revenues and controlling the auction process, as the reserve increased. "In the central bank, after we were facing the possibility of a major crisis in terms of cutting, it means that the foreign currency is present at the central bank and we have not changed the marketing process."
"The markets have accepted the current exchange rate, and over the coming years, it will give incentives to the private sector, stop the import rate, and strengthen the reserve," he added.
He stressed that "there are parties who have benefited from the exchange rate change and others have been affected, and the government is trying to reduce the damage, especially contractors who contracted with the state in dinars, and there are also contracting contractors in dollars, and they may be priced in dollars and formally offered in dinars, so there must be some balance in it."

The distribution of salaries
and Allawi said that "at the beginning of the current month, the financial flow from the increase in the price of oil will bring us back to the stability of salaries in the timing," stressing that "we are obliged in advance and there are no options and no trick at hand."
Allawi expected that "during the current month of March, the distribution of salaries will be according to the times and according to the incoming shipments."
Financial Management Law
Allawi added: "I previously talked about the need to amend the Financial Management Law because 1 on 12 is not possible to be a base for managing the country's finances, especially a country like Iraq in light of crises," noting that "between the 2019 and 2020 budget there was a 50% decrease in revenues from It is not possible to adhere to this way, but there are other ways, which is to give the cabinet the right to manage the state’s financial management in accordance with certain controls. "

The vote on the budget was delayed,
and Allawi said that "there are no technical issues that hinder the vote on the budget, but about the region’s share," stressing that "the ministry requests that it be given a financial budget certified and approved by Parliament to know the final road map for the country."
The minister stated that "the only thesis that exists now is the government's position, which we estimated with the budget and presented it to the House of Representatives," noting that "the negotiations that happen finance are not a party to it."

External debt
Allawi said, "Iraq is committed to repaying foreign debts in a timely manner," explaining that "Iraq is not in much debt, like some parties, but that the external debt relative to the size of the economy is reasonable."
Allawi stressed that "the external debts amount to 60 billion dollars distributed over the years and the method of arranging them," noting that "Iraq's debts are the most precedent for governments and international institutions, and not to companies or commercial establishments, as their cost is relatively good and the repayment periods are relatively long."
 He pointed out that "the external debt is linked to most projects, and there is only debt from the IMF for the purpose of helping and supporting the budget, but this has been paid," explaining that "Iraq does not need monetary financial support. Perhaps certain periods we need monetary support to the budget. International parties can help Iraq to complete a reform project, but in general Iraq borrows from abroad for the purpose of financing projects, which if successful, then be paid through their revenues.
He pointed out that "the internal debts are mostly in the hands of government institutions such as banks and a central bank, so it can be rescheduled," noting that "the internal debts amount to 70 trillion dinars and are paid."
Allawi pointed out that "the budget includes all issues related to deletion and creation, and the decision remains at the last for the House of Representatives," noting that "lecturers, doctors, martyrs' families and other similar matters have been included in the budget," indicating that "the country is going through a financial crisis and that the House of Representatives has decided that these be scheduled. Implications. "

 He stressed that "Iraq has an obligation according to the licensing contracts and there are arrears that should have been paid and that were supposed to be paid and some of the arrears returned to zero so that the state would be responsible

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Finance announces a payroll tax and responds to calls for a dollar cut

Finance announces a payroll tax and responds to calls for a dollar cut
 

{Baghdad: Al Furat News} The Ministry of Finance revealed a tax on salaries.
Finance Minister Ali Allawi said in a press statement, "We expect that the House of Representatives will set an income tax on all salaries and allowances," indicating that the salaries of employees will be paid on time.
He indicated that "the dollar exchange rate is a government decision that cannot be changed daily as desired."

He stressed, "including the degrees of deletion and creation in the 2021 budget, as well as the lecturers and doctors,"
Allawi pointed out that "the external debts amount to 60 billion dollars and the internal 70 trillion dinars."

 

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Dollar exchange rate and income tax, with new statements by the Iraqi Minister of Finance

2021-03-02
%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D8
 
Yes Iraq - Baghdad

The Minister of Finance, Ali Abdul Amir Allawi, stressed, on Tuesday, the focus of the white paper on introducing the principle of economic pricing and streamlining of expenditures, and while indicating the commitment to pay the salaries of employees on time, he emphasized submitting proposals on the amendments made in the 2021 budget.

Allawi said in an interview that “Iraq has gone through a stifling financial crisis, as state revenues in 2020 have become the lowest since 2014,” indicating that “the white paper began not only with the rationalization of expenditures, but rather focused on known sources that require reform, fundamental change and lean expenditures, and the principle was introduced. Economic pricing because the main inputs are subsidized, and this reflects the pricing revenues of oil inputs to distribution companies and refineries companies.

He added, "Iraq has started building al-Qaeda and developing it in the future in order to reduce our dependence on oil revenues," noting that "the ministry is trying to solve decades-old accumulated problems that cannot be neglected without addressing the joints affected by these wrong policies, as this requires a large package of reforms." .

Allawi continued, "We cannot proceed with an economic development and put Iraq on a new economic path without addressing the problems," explaining that "the white paper focused on addressing 600 measures that occur in 60 specific packages within 3 to 5 years, and are applied to all major state joints from Ministries to bodies that require persistent and continuous work.

He pointed out that "it is not possible to fix a certain thing without knowing its impact on other sectors, as it is a complex network and the method of dismantling it on a regular basis needs specific timings."

Allawi stressed, "There are obstacles to the implementation of reform because every reform will affect and affect certain parties," noting that "despite our conviction as a state and as a people of the necessity of reform and putting Iraq on a track, without total reliance on petroleum materials, that requires that we face difficulties and provide solutions that do not." Greatly affects the fragile layers ”.

He continued, "These measures will face reactions and possibly resistance, for example we cannot avoid the necessity of completing all government institutions," noting that "in the 21st century, Iraq cannot remain late, and the philosophy and policy of the private sector cannot be adopted and supported if the obstacles are not removed." Existing in each of the joints, which must be disassembled in a scientific and objective way, which can affect the short stage, but on a medium and long term, all of which are necessary.

Allawi continued that "until now, we do not know the final form of the general budget for 2021, which has not been submitted to the vote yet," noting that "according to our contacts, the budget items have not changed much, especially after the agreement that we reached with the Finance Committee in the House of Representatives, as Reforms and changes requested by the committee to include a large part of the contracts in the budget that does not exist in it.

Allawi stressed, "Regarding the deficit, it has decreased to about 30 trillion dinars," explaining that "this is within the capabilities of the government funded locally and abroad without affecting the public debt without affecting the ceilings."

He continued, "With regard to the price of oil, when the government presented the budget, the price of a barrel of oil was $ 42, now it has changed to $ 45, and this price is very reasonable and final," adding that "indications are that the price will be relatively conservative, as the real revenues will be more, because it gives us some kind." From flexibility to shift resources to points where they were scarce.

Allawi stated that "the ministry has basic projects that have been developed, especially in support of the poor and support for the treatment of Corona and social welfare, but there are other detailed issues, but in general are the reductions that the House of Representatives introduced to the budget will be presented in an acceptable way," noting that "the main reductions are how to deal with Delays, the ministry has arrears that must be met. However, the Finance Committee in the House of Representatives decided to postpone and leave for periods of time, as well as for internal debts, as these items do not consider them as a fundamental disagreement, but a procedural one.

Allawi stressed, "We expect that the House of Representatives will place an income tax on all salaries and all allocations, and we do not have any forms. This is another way, and this will lead to a reduction in the expected revenues, but under the circumstances we are going through, this change is reasonable, I mean within reasonable limits."

Allawi added that "the Finance Committee did not give us the draft budget, but rather ideas and some proposals and points on which the debate occurs," explaining that "the budget now in front of the House of Representatives, we presented it as a government, as amendments will be made by taking the viewpoint of the position of the Finance Committee as well as the additional positions that we presented as a ministry." Finance".

Allawi indicated that "the budget was presented by the government and is now before the House of Representatives, and the Finance Committee had some amendments, but these amendments must be presented to the representatives as a whole until they are voted on." "Woody atmosphere is good."

Allawi pointed out that "the dollar exchange rate is a government decision linked between the Ministry of Finance and the Central Bank," explaining that "this price that we reached after months of study and months of discussions and even controversy with local and international parties, this price is very important and cannot be changed daily according to the desire".

He continued that "the exchange rate came according to our indicators and studies in discussion with the Central Bank and with the International Monetary Fund and with other Iraqi parties, including the heads of the blocs and the House of Representatives," considering that "this price is reasonable and there is a great response regarding the impact on government revenues and controlling the auction process, as the reserve increased." "In the central bank, after we were facing the possibility of a major crisis with respect to cutting, the foreign currency is present at the central bank, and we have not changed the marketing process."

He added, "The markets have accepted the current exchange rate, and in the coming years it will give incentives to the private sector, stop the import rate, and strengthen the reserve."

He stressed that "there are parties who have benefited from the exchange rate change and others have been affected, and the government is trying to reduce the damage, especially the contractors who contracted with the state in dinars, and there are also contracting contractors in dollars, and they may be priced in dollars and formally presented in dinars, so there must be some kind of balance."

Allawi stated that "the beginning of the current month, the financial flow from the increase in the price of oil, will bring us back to the stability of salaries in the timing," stressing, "We are obliged in advance and there are no options and no trick in the hand."

Allawi expected that "during the current month of March, the distribution of salaries will be according to the times and according to the incoming shipments."

Allawi added, "I previously talked about the need to amend the Financial Management Law because 1 on 12 is not possible to be a base for managing the country's finances, especially a country like Iraq in light of crises," noting that "between the 2019 and 2020 budget there was a 50% decrease in revenues from It is not possible to adhere to this way, but there are other ways, which is to give the Council of Ministers the right to manage the state’s finances according to certain controls.

Allawi stated that "there are no technical issues that impede voting on the budget, but rather regarding the region's share," stressing that "the ministry requests that it be given a financial budget certified and approved by Parliament to know the final road map for the country."

And the minister stated that "the only thesis that exists now is the government's position that we estimated with the budget and presented it to the House of Representatives," noting that "the negotiations that happen finance are not a party to it."

Allawi said, "Iraq is committed to repaying foreign debts in the timing," explaining that "Iraq is not much in debt, like some parties, but that the external debt relative to the size of the economy is reasonable."

Allawi stressed that "the external debts amount to 60 billion dollars distributed over the years and the way they are arranged," noting that "Iraq's debts are the most precedent for governments and international institutions, and not to companies or commercial establishments, so their cost is relatively good and the repayment periods are relatively long."

He pointed out that "the external debt is linked to most projects, and there is only debt from the IMF for the purpose of helping and supporting the budget, but this has been paid," explaining that "Iraq does not need monetary financial support. Perhaps certain periods we need monetary support to the budget, so international parties can help." Iraq is in the process of completing a reform project, but in general, Iraq borrows from abroad for the purpose of financing projects, which, if successful, will be paid through their revenues.

He pointed out that "the internal debts are mostly in the hands of government institutions such as banks and a central bank, so it can be rescheduled," noting that "the internal debts amount to 70 trillion dinars and are paid."

Allawi pointed out that “the budget includes all issues related to deletion and creation, and the decision remains in the last for the House of Representatives,” noting that “lecturers, doctors, families of the martyrs and other similar matters were included in the budget,” indicating that “the country is going through a financial crisis and that the House of Representatives decided that this be scheduled. Implications ”.

He stressed that "Iraq has an obligation according to the licensing contracts and there are arrears that should have been paid and that were supposed to be paid and some arrears returned to them so that the state would be responsible

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