Mr. Sadr tweets on the budget and warns

[DinarThug]

2 minutes ago, psdon said:

THIS IS GOING TO POP 

 

 

 

     

[DinarThug]

LINK

Parliament votes on the region’s share in Article 11 of the budget

 

 

03/31/2021 18:00:06

 

 

The House of Representatives voted on Article 11 of the draft Federal Budget Law for 2021, related to the dues of the Kurdistan region..


Translation.....

Committee's proposal Article 1 -

 

First: Dues are settled between the federal government and the Kurdistan region for the years from 2004 to 2010 after the Federal Office of Financial Supervision, in coordination with the Regional Office of Financial Supervision, investigated them to show the final accounts approved by the Federal Office of Financial Supervision of the financial revenues and expenditures achieved after  Exclusion of sovereign expenditures and what has been spent for the region within the governing expenditures: 

 

The Kurdistan Regional Government is committed to producing crude oil from its fields at a rate of quantities of not less than 60 thousand barrels per day. 

The allocations of the region’s share of the petro cover provided that the quantities delivered are not less than the sums realized from the sale of 250 thousand barrels of crude oil per day at the price of SOMO. 
Paragraph (a) above shall be implemented in coordination between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Regional Government.

Is committed to the Kurdistan Regional Government to deliver non-Auto revenues to the state treasury and according to the Federal Financial Administration Law, provided that the Federal Office of Financial Supervision in coordination with the Office of Financial Supervision in the region to achieve data related to those revenues. 

 

D- The Kurdistan Regional Government has settled from the Iraqi Trade Bank's balances with government and private banks, and the Ministry of Finance schedules monthly installments to be deducted from the region’s share, starting from the fiscal year 2021 for a period of 7 years.  
 

E - The federal government is obligated to pay the Kurdistan Region's dues contained in this law and the tables attached to it after the region has implemented paragraphs (A, C,) of this Article 

 

Third - obligating the Kurdistan Region to provide the Federal Ministry of Finance after auditing the Federal Office of Financial Supervision in coordination with the Office of Financial Supervision  In the region, the staffing of the formations affiliated to it (civilian - military) is distributed according to the degree, vacant and occupied job title, and gender according to the numbers specified for it according to the  schedule) Manpower (c) attached to this law no later than 6/30/2021

 

Fourth - The Kurdistan Regional Government’s crisis  Paying the region’s employees' salaries dues from the specializations determined within the region’s budget appropriations (employee compensation) and before any payment order for any other compassion from its current budget. 
 

 

[GreedyDinar07]

Can someone please explain to me how they are going to switch the oil trading currency to the worthless Iraq Dinar...is this even possible? What about the US Dollar. Is this part of the plan with the US. Do the GOI make this up as they go??? Geessh!! 

[psdon]

NO they are getting ready to change the rate of the Dollar to the Dinar (JMO)

[DinarThug]

LINK

Iraq and Saudi Arabia sign 5 agreements

 

03/31/2021 18:13:50

 

 

Iraq and Saudi Arabia signed 5 agreements in the presence of Prime Minister Mustafa Al-Kazemi and Saudi Crown Prince Mohammed bin Salman.

 

Bin Salman had received Al-Kazemi today, Wednesday, upon his arrival in Riyadh on an official visit to Riyadh, where they held a session of talks focused on increasing cooperation between the two countries in addition to the latest developments in the region.

Meetings were held at the coordination council level between the two countries, where 5 agreements were signed, in financial, commercial, economic, cultural and media fields. 
 

The Iraqi delegation also included governors of border provinces with Saudi Arabia to discuss increasing border crossings between the two countries.

The Saudi ambassador to Iraq, Abdulaziz Al-Shammari, said earlier that Al-Kazemi's visit to the Kingdom today "is important and comes at an important time. A number of political, security and economic issues will be discussed, and a number of agreements will be signed in several areas."

[DinarThug]

Btw, Some (Though Not All) Of The Next Few Articles Took Place Prior To Today’s Voting Session !

 

 

But They Do Give Some Additional Insight And Context Into Both ‘How’ - As Well As To ‘What’ Transpired...

 

     

 

 

LINK

Al-Ziyadi: Adding 16 articles to the budget .. It is likely that the budget will be passed as a borrowing law

 

 

 

03/30/2021 22:08:40

 

 

The MP, Badr Al-Ziyadi, from the Saeron Parliamentary Bloc, revealed that 16 new paragraphs had been added to the 2021 budget, while it was likely that they would be passed as a "majority" borrowing law.

 

Al-Ziyadi pointed out, through the "Alamastara" program broadcast by the Al-Furat satellite channel tonight, to "the presence of some bids regarding the budget and masses that showed their muscles with matters not within the competence of the council, and the determination of tomorrow's session came after the end of the meeting of Parliament Speaker Muhammad al-Halbousi with all the heads of parliamentary blocs this evening." 

He stressed, "a parliamentary consensus to pass the budget in tomorrow's session, Wednesday, after adding 16 new articles to the law, including difficult paragraphs like the absentees, and the delay in approving them came to the agreement of all the blocs to pass it."

Regarding the exchange of the dollar against the Iraqi dinar, Al-Ziyadi explained, "The exchange rate of the dollar when it was determined 145 was by the government's meeting with the central bank and by agreement of the political blocs; but when the budget came, the objection came, and we are not the owners of determining the exchange rate, which is the responsibility of the central bank, and if the decision was In Parliament we will be with him." 

He indicated that "the House of Representatives and the Finance Committee have taken decisions to compensate the exchange rate by doubling the social welfare allocations and preparing them and allocating 500 trillion dinars to the ration card," stressing that "the dollar exchange rate will be fixed at 145."

Al-Ziyadi added, by saying, "The exchange rate of the dollar is the decision of the Central Bank and Prime Minister Mustafa Al-Kazemi affirmed his support to continue at the same price, and as parliament we will adhere to what the Central Bank determines," indicating that "all political blocs wish to stabilize the security, political and economic situation by passing the budget." 

The desire of the House of Representatives to bring down the government and that it is supportive of it." And on the agreement on Article 11 in the budget and related to the region’s share, Al-Ziyadi explained, "There is an agreement between the financial control of the center and the region to re-study all tables and data on the oil file and follow up on debts between Baghdad and Erbil."  

Al-Ziyadi concluded, "We did not enter into negotiations with any political bloc regarding the passage of the budget, and we have reservations about some paragraphs that we will not vote on in tomorrow's session."

The Speaker of Parliament, Muhammad al-Halbousi, called this evening to hold a session to vote on the federal budget for 2021 and dissolve Parliament for itself tomorrow, Wednesday. 

In a statement, Al-Halbousi said that the legislation of the 2021 Budget Law is one of the important steps, because of its prejudice to the interests of the citizen, and the paragraphs it bears that directly address his needs, as well as enabling the government to proceed with the implementation of its government program and support service projects that affect the citizen's daily life. 

Therefore, we call upon members of Parliament to attend tomorrow, Wednesday, at 1 p.m., to hold the long-awaited vote on the Budget Law, and we also note that the names of attendees and absences will be published to public opinion. 
He pointed out that the agenda of tomorrow's session will include the presentation of the request submitted by the political forces, which is supported by the signing of more than 172 deputies to vote on the dissolution of the Iraqi parliament in its fourth session, in accordance with the provisions of Article 64 first of the Iraqi constitution.

 

Edited March 31, 2021 by DinarThug

[DinarThug]

3 hours ago, DinarThug said:

A deputy reveals that there is an agreement and a majority is present to pass the budget
 

 

31st March, 2021

 

Parliament member Jamal Fakher revealed, on Wednesday, that there is currently a political majority in the House of Representatives in order to pass the draft federal budget bill

Fakher said in a press interview, that "after marathon rounds of dialogues and discussions, we have reached the end and Salah al-Nur at the end of the federal budget tunnel after the consensus has been reached between most of the people's representatives to pass the federal budget in today's session," 

calling on the Presidency of the House of Representatives to "broadcast the session on Air and openly in front of the media

He added that "the political forces inside the parliament have reached a complete conviction of the importance of resolving the much-awaited budget," stressing that "there is a parliamentary majority now awaiting the holding of the vote session on the budget after the final drafting of the budget project is completed, printed and distributed to members of parliament

 

LINK

A political agreement to pass the budget during today's session

 

03/31/2021 15:57:56

 

 

A representative source revealed a political agreement to pass the fiscal budget bill for 2021 during the parliament session scheduled to be held today, Wednesday.

 

The source told {Al-Furat News}, "The legal quorum for holding the session is nearing completion, while the members of the Parliamentary Finance Committee went up on the parliament platform in preparation for holding the session, reading the budget materials and voting on them." 
 

The Presidency of Parliament announced yesterday that it will publish the names of MPs from attendance and absence in today's session on voting on the budget.

The Finance Committee distributed the final draft of the budget to the deputies. 

 

 

 

[DinarThug]

12 hours ago, DinarThug said:

Parliament sets the date for approving the budget and dissolving itself

-03-30 13:10

 

Shafaq News / The Iraqi Council of Representatives (Parliament) has set, on Tuesday, a date to hold a voting session on the country's financial budget for the current year.

 

The Presidency of the Council said in a statement received by Shafaq News, that "legislating the federal budget law for the fiscal year 2021 is one of the important steps, because it affects the interests of the citizen, and the paragraphs it holds that directly address his needs, as well as enabling the government to proceed with the implementation of its government program. And support system" rel="">support for service projects that affect the daily life of the citizen.

 

She added, "Therefore, we call upon members of Parliament to attend tomorrow, Wednesday, at 1 pm, to hold the long-awaited vote session on the budget law, and we also note that the names of attendees and absences will be published on public opinion."

 

And she continued by saying, "The agenda of tomorrow's session will also include the presentation of the request submitted by the political forces, which is supported by the signing of more than 172 deputies to vote on the dissolution of the Iraqi parliament in its fourth session, according to the provisions of Article 64 first of the Iraqi constitution, and this step comes in response to popular demands for action Early elections".

 

The Presidency said, "With this, the parliament has fulfilled all the requirements and practical steps to conduct early elections, including the formation of an independent commission of judges, the legislation of the House of Representatives election law, and voting on the First Amendment Law (Order No. 30 of 2005) the Federal Supreme Court Law."

 

Parliament failed over the last months of approving the budget bill due to disagreements over some of its provisions, especially those related to the Kurdistan Region’s share as well as the dollar exchange rate.

LINK 

 

LINK

In the document ... a request by the House of Representatives to dissolve itself within today's agenda

 

 

03/31/2021 16:52:38

 

Translation....
 

House of Representatives No. () for the year 2021AD  - The House of Representatives decided in its session numbered () in / / 2021AD the following:

By considering the request submitted by (12) female representatives and to fulfill the formalism stipulated under the provisions of Clause (First) of Article  (64) of the constitution The Council of Representatives decided to dissolve the parliament on 8/10/2021, provided that general parliamentary elections take place in the country on / 10/2021  upon the invitation of the President of the Republic based on the provisions of Article (64) clause (second) of the constitution. 

 

 

[DinarThug]

LINK

The Parliament might switch the oil trading currency to the Iraqi dinar, MP says

 

31st March, 2021

The Parliamentary Finance is considering a proposal to switch the oil trading currency to Iraqi dinar in lieu of US dollar in the accounts of the 2021 Federal Budget bill.

Committee member, MP Muhammad al-Shabaki, said in a statement to Shafaq News Agency, "We have a proposal to change the price of the oil barrel," indicating, "[according to this proposal] the barrel is priced by Iraqi dinar not US dollar as in the previous years' budgets." "The barrel of oil pricing will be changed from 45$ at 65 thousand dinars," he added.

Al-Shabaki explained, "this would not tamper with the operational and investment expenses in the budget." 
 

"The Ministry of Finance ensured that there is no technical impediment against this step," he elaborated, "this proposal is the most consistent with the constitution because it preserves the Iraqi currency."

Iraqi lawmakers failed to pass the Federal Budget bill in a lengthy session on Sunday earlier this week. They will convene this evening to vote on the pending issues.

 

3 hours ago, DinarThug said:

The Parliament might switch the oil trading currency to the Iraqi dinar, MP says

 

31st March, 2021

The Parliamentary Finance is considering a proposal to switch the oil trading currency to Iraqi dinar in lieu of US dollar in the accounts of the 2021 Federal Budget bill.

Committee member, MP Muhammad al-Shabaki, said in a statement to Shafaq News Agency, "We have a proposal to change the price of the oil barrel," indicating, "[according to this proposal] the barrel is priced by Iraqi dinar not US dollar as in the previous years' budgets." "The barrel of oil pricing will be changed from 45$ at 65 thousand dinars," he added.

Al-Shabaki explained, "this would not tamper with the operational and investment expenses in the budget." 
 

"The Ministry of Finance ensured that there is no technical impediment against this step," he elaborated, "this proposal is the most consistent with the constitution because it preserves the Iraqi currency."

Iraqi lawmakers failed to pass the Federal Budget bill in a lengthy session on Sunday earlier this week. They will convene this evening to vote on the pending issues.

 

LINK

Voting on establishing the petrodollar fund in every oil-producing province

 

 
 

 

03/31/2021 16:51:51

 

 

The House of Representatives voted, in its session on passing the federal budget for the year 2021, today, Wednesday, to establish a petro-dollar fund in every oil-producing province.

 
A representative source said {for the Euphrates News} that "the House of Representatives voted during Article 2 of the General Budget Law for the year 2021 to establish a petro-dollar fund in every oil-producing province." 

[DinarThug]

LINK

Parliament transfers the budget from the dollar to the dinar to overcome the dispute

 

 

 03/31/2021 17:10:06

 

 

The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar.

 

A representative source said {for the Euphrates News} that "it was agreed to transfer the budget from the dollar to the Iraqi dinar, in order not to delay its approval and isolate it from the differences of the rise of the dollar."

He pointed out that "a proposal was made to follow up on the issue of the dollar with the central bank and finance in other sessions without marketing the crisis to the budget after it was agreed to transfer the budget from the dollar to the dinar."

 

3 hours ago, DinarThug said:

Parliament transfers the budget from the dollar to the dinar to overcome the dispute

 

 

 03/31/2021 17:10:06

 

 

The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar.

 

A representative source said {for the Euphrates News} that "it was agreed to transfer the budget from the dollar to the Iraqi dinar, in order not to delay its approval and isolate it from the differences of the rise of the dollar."

He pointed out that "a proposal was made to follow up on the issue of the dollar with the central bank and finance in other sessions without marketing the crisis to the budget after it was agreed to transfer the budget from the dollar to the dinar."

 

LINK

Budget 2021 .. What is included in the second article voted by Parliament? (document)
 

31st March, 2021

Article 2 of the draft federal budget law for the fiscal year 2021, which the House of Representatives voted on, on Wednesday, includes an important paragraph related to the oil-producing provinces.

And the eighth paragraph of Article Two includes the establishment of funds in all governorates producing crude oil, refined oil or gas called (the petrodollar fund) to be managed by the concerned governor to be financed on a monthly basis by increasing the price difference obtained at the prices of selling crude oil over what is established in Article (1 /). 
 

First / 5) of this law and it shall be added to the principal amounts confirmed in Article (2 / First / 5) in accordance with the provisions of that same article).  

[DinarThug]

11 hours ago, DinarThug said:

A deputy reveals a final agreement to pass the region’s share in today's session

 

31st March, 2021

 

Member of Parliament, Representative Nasser Yusef, revealed, on Wednesday, that a final agreement had been reached between Baghdad and Erbil regarding Article 11 related to the Kurdistan region

Youssef said in a press interview, "There is a final agreement on Article 11 that was agreed upon between the Kurdistan Region delegation and the political forces

He added that "the delegation of the Kurdistan region and the political forces reached a final agreement that would speed up the passage of the federal budget in today's session," noting that "the region showed high flexibility with Baghdad in order to solve the complex matters and proceed to legislate the budget law as soon as possible

 

LINK

Nechirvan Barzani hopes to vote on the budget: Baghdad's deal with Erbil is not a federal one

 

31st March, 2021

The President of Kurdistan Region, Nechirvan Barzani expressed on Wednesday his hope that the Iraqi Parliament will be able to pass the draft fiscal budget for 2021 at the same time, describing Baghdad's dealings with Erbil as "not federal" according to what the permanent constitution stipulates, and that this matter is The "crux of the problem" between the two sides.

Barzani said in a press conference held in Paris, "We have a constitution that the Iraqi people voted on, and that Iraq up to now deals with the region, not according to the federal system," adding that "this system is what exists in all countries of the world, but it is a new system of government in Iraq and we are." We understand that."

He also pointed out that "what exists currently is that we in the Parliament of Kurdistan must approve the budget and then send it to Baghdad for approval in turn, and this is not the correct way to deal with the regions in the federal system", expressing his hope that the paragraph that was agreed upon On them in the draft budget law. "

The region's president said, "There was a prevailing belief that the issue of not passing the budget is due to problems with the region, but praise be to God, the truth has emerged that this is not the problem, but there are other problems.
 

We see that the urgency of the budget is important to Iraq and we hope that it will be approved because it will positively affect the provision of services." For citizens."

He added that "the Kurdistan Region will fully comply with the agreement that was made with the government of Mr. Al-Kazemi, and currently the problem is not on the region's budget," stressing that "everyone must know that what matters to the region is that we will be happy to see reconstruction and providing services to all regions of Iraq from FAO to the far reaches of the country, and we hope that the budget will be passed in Parliament." 

[DinarThug]

LINK

Al-Halbousi: There were no interventions during the vote on the budget paragraphs

 

 

 

03/31/2021 16:30:11

 

 

The Speaker of Parliament, Muhammad Al-Halbousi, directed not to interfere between the budget paragraphs.

 

The House of Representatives held its special session to vote on the federal budget for 2021.

[DinarThug]

3 hours ago, DinarThug said:

The latest version of the 2021 draft budget

03/31/2021 15:27:16

 

 

Our agency is publishing the final draft of the fiscal budget bill for 2021.

Parliament is scheduled to hold a session today to vote on the budget.
To view the draft budget ... click here

47 pages long 

###########

LINK

Shafaq News publishes the text of the final draft of the budget

31st March, 2021

 

LINK

Parliament votes on the last articles of the budget 56, 57 and 58

 

 

 

03/31/2021 19:46:40

 

#############

LINK

Publishes the materials removed from the budget
 

03/31/2021 19:52:28 

 

Namely: 
38
42
43
47

 

 

[DinarThug]

3 hours ago, DinarThug said:

Parliament votes on the region’s share in Article 11 of the budget

 

 

03/31/2021 18:00:06

 

 

The House of Representatives voted on Article 11 of the draft Federal Budget Law for 2021, related to the dues of the Kurdistan region..


Translation.....

Committee's proposal Article 1 -

 

First: Dues are settled between the federal government and the Kurdistan region for the years from 2004 to 2010 after the Federal Office of Financial Supervision, in coordination with the Regional Office of Financial Supervision, investigated them to show the final accounts approved by the Federal Office of Financial Supervision of the financial revenues and expenditures achieved after  Exclusion of sovereign expenditures and what has been spent for the region within the governing expenditures: 

 

The Kurdistan Regional Government is committed to producing crude oil from its fields at a rate of quantities of not less than 60 thousand barrels per day. 

The allocations of the region’s share of the petro cover provided that the quantities delivered are not less than the sums realized from the sale of 250 thousand barrels of crude oil per day at the price of SOMO. 
Paragraph (a) above shall be implemented in coordination between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Regional Government.

Is committed to the Kurdistan Regional Government to deliver non-Auto revenues to the state treasury and according to the Federal Financial Administration Law, provided that the Federal Office of Financial Supervision in coordination with the Office of Financial Supervision in the region to achieve data related to those revenues. 

 

D- The Kurdistan Regional Government has settled from the Iraqi Trade Bank's balances with government and private banks, and the Ministry of Finance schedules monthly installments to be deducted from the region’s share, starting from the fiscal year 2021 for a period of 7 years.  
 

E - The federal government is obligated to pay the Kurdistan Region's dues contained in this law and the tables attached to it after the region has implemented paragraphs (A, C,) of this Article 

 

Third - obligating the Kurdistan Region to provide the Federal Ministry of Finance after auditing the Federal Office of Financial Supervision in coordination with the Office of Financial Supervision  In the region, the staffing of the formations affiliated to it (civilian - military) is distributed according to the degree, vacant and occupied job title, and gender according to the numbers specified for it according to the  schedule) Manpower (c) attached to this law no later than 6/30/2021

 

Fourth - The Kurdistan Regional Government’s crisis  Paying the region’s employees' salaries dues from the specializations determined within the region’s budget appropriations (employee compensation) and before any payment order for any other compassion from its current budget. 
 

 

 

Budget 2021 .. Parliament votes on the exchange rate article, the price of a barrel of oil, and the Kurdistan share 

 

3,496 Policy 2021/03/31 18:10

Baghdad Today - Baghdad 

 

At the beginning of its session for this day, the Iraqi parliament voted on the first article, which included in its paragraphs the exchange rate and oil barrel in the 2021 budget, as well as Article 11 regarding the share of the Kurdistan region at a later time. 

A representative source told (Baghdad Today) that "the first article that was included in the draft budget bill before the vote was a paragraph stipulating the adoption of the exchange rate of 1450 dinars against the dollar and the price of a barrel of oil was set at 45 dollars, which was voted on, which means passing these two prices." 

Meanwhile, the House of Representatives ended voting on the first 11 articles in the federal budget for this year, including the Kurdistan region’s share. 

 

The text of the Kurdistan share article 

 

 

And a member of the Finance Committee, Majid Al-Tamimi, announced the vote on two important paragraphs of the 2021 Budget Law, which are currently being voted on in the Council. 

Al-Tamimi said on her Facebook page, "The council voted on the 11th paragraph, which obliges the Ministry of Finance to provide the necessary financial allocations for the development and reconstruction of Sadr City." 

She added that the council "also voted on Article (2 / First, Paragraph 😎 concerning the petrodollar fund for the provinces producing crude oil, refined oil or gas."

Before that, Member of Parliament, Representative Hassan Khatti, said today, Wednesday, that there is a general agreement between the blocs to pass the budget at today's meeting. 

Khatti said in a televised interview that she followed (Baghdad Today) that "there is a general agreement to pass the budget and to transfer the controversial materials or to keep it without a vote," noting that "the currently controversial articles are represented by the share of Kurdistan, foreign loans and the exchange rate, and the last has not yet been resolved and the voting paragraph on the exchange rate." Current postponed. " 

He added that "the disputed points will be reviewed during the session and may be modified and included in the vote, and there are two tracks in the House of Representatives regarding the exchange rate. The first puts the matter in the hands of the government and the second says that Parliament is able to amend and we hope to reach an average exchange rate, and the file will be the subject of discussion in the session." 

The House of Representatives began a short while ago to vote on the draft general budget bill for 2021, The Media Department of the House of Representatives stated that the parliament held a session to vote on the budget in the presence of 215.

Before that, the representative of the Saeron Alliance, Ghayeb Al-Amiri, confirmed that the country's general budget law has completely recovered and will be voted on during today's session or tomorrow, Thursday. 

Al-Amiri said in a televised statement followed by (Baghdad Today), that "the draft budget that arrived in Parliament was distorted and does not represent the aspirations of the Iraqi people, but the Finance Committee in the House of Representatives made amendments to it until it reached the stage of complete recovery, and it will be voted on during the parliament session for this day." Or tomorrow, Thursday. " 

He added, "The differences over the budget were related to the region’s share, and when it was resolved, political differences emerged between the Shiite and Sunni parties. They were also resolved, so that another problem appeared, which were differences between the Shiite-Shiite blocs, but all these differences reached a final agreement on it."

link 

[DinarThug]

Baghdad today publishes the text of Article 11 regarding Kurdistan’s budget share, after it is passed

 

 

1,172 Policy 2021/03/31 18:15 

Baghdad Today - Baghdad 

 

(Baghdad Today) News Agency publishes today, Wednesday, March 31, 2021, the text of Article 11 of the country's general budget law for 2021, regarding the share of the Kurdistan region. 

According to a document obtained by the agency, the text of the article stated: "Financial matters will be settled between the regional government and the central government from 2004 to 2020."

According to the document, the article obligated the Kurdistan Regional Government to produce crude oil from its fields in a quantity of not less than 460 thousand barrels per day, excluding expenditures that include the cost of production, transportation and operation, provided that the delivered quantities are not less than the amounts achieved from the sale of 250 thousand barrels per day at the price of SOMO.

LINK

[DinarThug]

32 minutes ago, DinarThug said:

In the document ... a request by the House of Representatives to dissolve itself within today's agenda

 

 

03/31/2021 16:52:38

 

Translation....
 

House of Representatives No. () for the year 2021AD  - The House of Representatives decided in its session numbered () in / / 2021AD the following:

By considering the request submitted by (12) female representatives and to fulfill the formalism stipulated under the provisions of Clause (First) of Article  (64) of the constitution The Council of Representatives decided to dissolve the parliament on 8/10/2021, provided that general parliamentary elections take place in the country on / 10/2021  upon the invitation of the President of the Republic based on the provisions of Article (64) clause (second) of the constitution. 

 

 

Parliament votes to dissolve itself on the seventh of next October

 

2021-03-31 15:15

 

 

Shafaq News / The Iraqi parliament voted on Wednesday to dissolve itself on the seventh of next October, in preparation for holding the legislative elections scheduled for the tenth of the same month.

The media department of the council stated, in a brief statement Warda to Shafaq News, that "the House of Representatives voted during its session to dissolve itself on 10/7/2021, with the elections to take place on 10/10/2021."

The dissolution of Parliament, whether through the vote of its members or through the authority of the President of the Republic, transforms the government from a government with full powers, to a caretaker government, in addition to the necessity of holding elections for the new parliament, within a maximum period of sixty days.

LINK 

[DinarThug]

Somebody Wake Up The Bro’s And Tell Them To Break Out The ‘Budget’ Bubbly !  

 

     

AFTER WEEKS OF DELAY, IRAQ’S COUNCIL OF REPRESENTATIVES PASSES BUDGET FOR 2021

 

 

SULAIMANI — 

After weeks of delays caused by disagreements between the political parties, Iraq’s Council of Representatives passed the Federal 2021 Budget Law on Wednesday (March 31) .

The session was scheduled for 1 p.m. but was delayed because of a lack of quorum.

Voting began at 4:30 p.m. in the presence of 215 lawmakers out of 325 and concluded at 8:00 p.m.

The legislation set the price of a barrel of oil at $42, well below current Brent prices.

Among the major sticking points was the devaluation of the Iraqi dinar.

The legislation set the US dollar peg at 1,450 Iraqi dinars.

After several hours of voting, lawmakers approved Article 11 of the legislation, which governs the Kurdistan Region's share.

It will receive 9.5 trillion Iraqi dinars ($6.5 billion), which will be disbursed in monthly increments, in return for submitting 250,000 barrels of crude oil per day to Iraq's oil marketer SOMO for export.

 

The federal government WILL BE ABLE TO CUT OFF FUNDS IN THE EVENT OF NON-COMPLIANCE.

 

A number of Kurdistan Regional Government (KRG) officials, including KRG Deputy Prime Minister Qubad Talabani, were present at the Council of Representatives during the latter stages of the vote on the legislation to observe.
Talabani led many of the talks aimed at hammering out the deal between Erbil and Baghdad.

Lawmakers voted against Article 20 of the law, which would have introduced an income tax on the salaries of public sector workers, or Article 38, which deals with investment.

Article 41 was tabled for consideration at a later date.

 

Also on the agenda is the presentation of a request submitted and signed by 172 lawmakers on whether to dissolve parliament early, but the meeting concluded without taking up the measure.

Before to the session, the Shia bloc held a meeting at the house of Hadi al-Amri, the head of the Fateh Alliance, to coordinate.

The Finance Committee held a separate meeting to amend some of the provisions in the draft and ready it for the vote.

The parliament’s media office said in a statement on Tuesday that the names of attendees and absences will be published publicly.

(NRT Digital Media)

This story was updated at 8:07 p.m. EBL 

LINK

[6ly410]

 

[6ly410]

 

[Rafiki1]

26 minutes ago, DinarThug said:

 

 

Budget 2021 .. Parliament votes on the exchange rate article, the price of a barrel of oil, and the Kurdistan share 

 

3,496 Policy 2021/03/31 18:10

Baghdad Today - Baghdad 

 

At the beginning of its session for this day, the Iraqi parliament voted on the first article, which included in its paragraphs the exchange rate and oil barrel in the 2021 budget, as well as Article 11 regarding the share of the Kurdistan region at a later time. 

A representative source told (Baghdad Today) that "the first article that was included in the draft budget bill before the vote was a paragraph stipulating the adoption of the exchange rate of 1450 dinars against the dollar and the price of a barrel of oil was set at 45 dollars, which was voted on, which means passing these two prices." 

Meanwhile, the House of Representatives ended voting on the first 11 articles in the federal budget for this year, including the Kurdistan region’s share. 

 

The text of the Kurdistan share article 

 

 

And a member of the Finance Committee, Majid Al-Tamimi, announced the vote on two important paragraphs of the 2021 Budget Law, which are currently being voted on in the Council. 

Al-Tamimi said on her Facebook page, "The council voted on the 11th paragraph, which obliges the Ministry of Finance to provide the necessary financial allocations for the development and reconstruction of Sadr City." 

She added that the council "also voted on Article (2 / First, Paragraph 😎 concerning the petrodollar fund for the provinces producing crude oil, refined oil or gas."

Before that, Member of Parliament, Representative Hassan Khatti, said today, Wednesday, that there is a general agreement between the blocs to pass the budget at today's meeting. 

Khatti said in a televised interview that she followed (Baghdad Today) that "there is a general agreement to pass the budget and to transfer the controversial materials or to keep it without a vote," noting that "the currently controversial articles are represented by the share of Kurdistan, foreign loans and the exchange rate, and the last has not yet been resolved and the voting paragraph on the exchange rate." Current postponed. " 

He added that "the disputed points will be reviewed during the session and may be modified and included in the vote, and there are two tracks in the House of Representatives regarding the exchange rate. The first puts the matter in the hands of the government and the second says that Parliament is able to amend and we hope to reach an average exchange rate, and the file will be the subject of discussion in the session." 

The House of Representatives began a short while ago to vote on the draft general budget bill for 2021, The Media Department of the House of Representatives stated that the parliament held a session to vote on the budget in the presence of 215.

Before that, the representative of the Saeron Alliance, Ghayeb Al-Amiri, confirmed that the country's general budget law has completely recovered and will be voted on during today's session or tomorrow, Thursday. 

Al-Amiri said in a televised statement followed by (Baghdad Today), that "the draft budget that arrived in Parliament was distorted and does not represent the aspirations of the Iraqi people, but the Finance Committee in the House of Representatives made amendments to it until it reached the stage of complete recovery, and it will be voted on during the parliament session for this day." Or tomorrow, Thursday. " 

He added, "The differences over the budget were related to the region’s share, and when it was resolved, political differences emerged between the Shiite and Sunni parties. They were also resolved, so that another problem appeared, which were differences between the Shiite-Shiite blocs, but all these differences reached a final agreement on it."

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It’s my math off? The 1450 would be 88 cents to one Iraqi Dinar.

[DinarThug]

9 minutes ago, Rafiki1 said:

It’s my math off? The 1450 would be 88 cents to one Iraqi Dinar.

Yes !  

 

 

(i wish it wasn’t) ...

 

     

[psdon]

IS ADAM READING all of THIS ?

 

[DinarThug]

22 minutes ago, DinarThug said:

Somebody Wake Up The Bro’s And Tell Them To Break Out The ‘Budget’ Bubbly !  

AFTER WEEKS OF DELAY, IRAQ’S COUNCIL OF REPRESENTATIVES PASSES BUDGET FOR 2021

 

SULAIMANI — 

After weeks of delays caused by disagreements between the political parties, Iraq’s Council of Representatives passed the Federal 2021 Budget Law on Wednesday (March 31) .

The session was scheduled for 1 p.m. but was delayed because of a lack of quorum.

Voting began at 4:30 p.m. in the presence of 215 lawmakers out of 325 and concluded at 8:00 p.m.

The legislation set the price of a barrel of oil at $42, well below current Brent prices.

Among the major sticking points was the devaluation of the Iraqi dinar.

The legislation set the US dollar peg at 1,450 Iraqi dinars.

After several hours of voting, lawmakers approved Article 11 of the legislation, which governs the Kurdistan Region's share.

It will receive 9.5 trillion Iraqi dinars ($6.5 billion), which will be disbursed in monthly increments, in return for submitting 250,000 barrels of crude oil per day to Iraq's oil marketer SOMO for export.

 

The federal government WILL BE ABLE TO CUT OFF FUNDS IN THE EVENT OF NON-COMPLIANCE.

 

A number of Kurdistan Regional Government (KRG) officials, including KRG Deputy Prime Minister Qubad Talabani, were present at the Council of Representatives during the latter stages of the vote on the legislation to observe.
Talabani led many of the talks aimed at hammering out the deal between Erbil and Baghdad.

Lawmakers voted against Article 20 of the law, which would have introduced an income tax on the salaries of public sector workers, or Article 38, which deals with investment.

Article 41 was tabled for consideration at a later date.

 

Also on the agenda is the presentation of a request submitted and signed by 172 lawmakers on whether to dissolve parliament early, but the meeting concluded without taking up the measure.

Before to the session, the Shia bloc held a meeting at the house of Hadi al-Amri, the head of the Fateh Alliance, to coordinate.

The Finance Committee held a separate meeting to amend some of the provisions in the draft and ready it for the vote.

The parliament’s media office said in a statement on Tuesday that the names of attendees and absences will be published publicly.

(NRT Digital Media)

This story was updated at 8:07 p.m. EBL 

LINK

Now Let’s Hurry Up And Read It Into Law - And Move On To The HCL !  

 

 

Let’s Bro ...

 

     

[GreedyDinar07]

Wow!! I don't believe it they finally got something done!! 

[Carrello]

24 minutes ago, Rafiki1 said:

It’s my math off? The 1450 would be 88 cents to one Iraqi Dinar.

 

If it were 88 cents nobody would be here to answer your question. They would be at a bank, a bar, or an airport. Me, I'd be shopping.