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Representative legal: The exchange rate of the dinar is fixed, and the "appeal" does not stop the implementation of the budget


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 money and business


Economy News _ Baghdad

The Parliamentary Finance Committee confirmed, on Thursday, the details of the general budget approved by the House of Representatives after marathon discussions.

Committee member Jamal Cougar said in a press interview, "The committee worked to reduce the amount of spending from 164 to 129 trillion and reduce the fiscal deficit in the budget law from 71 trillion to 28 trillion dinars."

He added that "the Finance Committee held more than 45 meetings and conducted 55 meetings that hosted ministers, agents, governors and officials in the state to discuss operational and investment expenditures in the budget law."

And Cougar said, "The committee has, in the previous period, amended most of the articles of the budget law, and the draft budget voted by the House of Representatives has become different from the one sent by the government."

A member of the Finance Committee confirmed, "Parliament voted for the price of a barrel of oil to be 45 dollars instead of 42 dollars, and to fix the exchange rate of the dollar, either the Iraqi dinar, as it was sent by the government."

And on the delay in voting on the budget, Cougar explained, "Political differences are the ones that delayed voting on the budget law, as well as the electoral auctions of some blocs and their demands for impotent demands."

The House of Representatives voted, yesterday evening, Wednesday, on the General Budget Law for 2021 after a permanent delay of three months inside the Parliament.

 
 
Number of observations 25   Date added 04/01/2021
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 2021-03-31 13:28
 

Shafaq News / The Iraqi parliament voted on Wednesday on a new article in the 2021 budget bill, related to pension rights.

The Media Department of the Council stated, "Parliament voted on a new article regarding the retirement rights of those covered by amending the Unified Contracting Law No. 9 of 2014."

 

The Iraqi Council of Representatives, during its session held on Wednesday, to vote on the federal budget for 2021, had given the government of Prime Minister Mustafa Al-Kazemi ninety days to end the management of the agency’s positions.

The House of Representatives voted on a new article added in the draft federal budget law for the year 2021, which is to compel the Council of Ministers to send the names of those in charge of the positions of independent bodies, special ranks, secretaries of ministries and advisors to Parliament, no later than June 30, to end the management of these positions in the proxy.

Parliament also voted, during its session now held to vote on the budget, to allocate 30,000 job grades for the return of those whose contracts had been canceled by the members of the Popular Mobilization Forces, as part of the bill.

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 money and business


Economy News _ Baghdad

The Iraqi parliament voted yesterday evening, Wednesday, on the Federal Budget Law for the fiscal year 2021, with a deficit of more than 28 trillion dinars.

The general budget revenues amounted to more than 101 trillion Iraqi dinars, while expenditures were estimated at 129 trillion.

The price of a barrel of oil was calculated in the budget at $ 45 instead of the Iraqi dinar, and the government's proposed price for a dollar was fixed at 1450 dinars per dollar.

Parliament also voted for the Kurdistan Region’s share of 12.67 from the size of the general budget, about 10 trillion dinars.

Passing the 2020 budget was stalled due to disagreements and a financial crisis, at a time when Iraq voted on the general budget for 2019, which amounted to 106 trillion dinars, while expenditures were estimated at 133 trillion dinars, with a deficit of 27.5 trillion dinars.

 
 
Number of observations 71   Date added 04/01/2021
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The first deputy president of the Iraqi parliament reveals the most prominent items of the federal budget for 2021

The first deputy president of the Iraqi parliament reveals the most prominent items of the federal budget for 2021
First Deputy Speaker of the Iraqi Council of Representatives, Hassan Karim Al-Kaabi, during the voting session on the federal budget for 2021
 

Mubasher: The First Deputy Speaker of the Iraqi Parliament, Hassan Karim Al-Kaabi, revealed the most prominent items that were approved in the federal budget for 2021.

The media office of the First Deputy Speaker of Parliament stated, via Twitter, that the most important paragraphs that were included in the draft General Budget Law 2021 AD included the vote on allocating 4 trillion dinars for the development of the regions of all governorates to complete service projects in them, and allocating an amount of 400 billion dinars to the large port of Faw. .

Al-Kaabi indicated that the vote was taken to delete the article on imposing an income tax and deducting the salaries of employees and retirees, and he refused to vote on articles that allow the sale of state real estate and lands that give investment opportunities as an exception from the laws in force, and vote on supporting the low-income and those below the poverty line.

Allocating a trillion dinars to the petrodollar fund

The vote was also taken to reduce the deficit in the draft budget, allocate $ 30 million for water desalination projects in Basra, vote on (the petrodollar fund) and allocate an initial amount of 1 trillion dinars, and vote on the provision of financial allocations for the development and reconstruction of Sadr City.

The council voted on the article that includes one of its paragraphs allocating funds to the petrodollar fund for provinces producing crude oil, refined oil or gas.

Voting was made on the Dhi Qar Reconstruction Fund and adding financial allocations to it in the amount of 300 billion dinars, and voting on the clause of installing security guards in oil companies on the owners of the Ministry of Oil.

Linking the public service to the Federal Service Council to achieve justice

Al-Kaabi pointed out that a new article was voted on that required the Council of Ministers to send the names of those in charge of the positions of independent bodies, special ranks, undersecretaries and advisors to the House of Representatives, no later than June 30. To terminate the management of these acting positions.

The vote was taken to link the public office with the Federal Service Council to achieve justice in obtaining the job, and to vote on converting lecturers, administrators, writers, guards and service employees into contracts, and voting to include bachelor’s graduates from the Ministry of Defense and Interior from the military to the civil in the same ministries.

The Iraqi Council of Representatives voted, within the federal budget for 2021 AD, to appoint and direct those with the medical and health professions, scientists, supportive, first graduates and holders of higher degrees.

A vote was taken on the creation of job grades. For the purpose of fixing all contract employees whose service exceeded 10 years and fixing old contracts in the 8,641 self-financing companies of the Ministry of Electricity whose service exceeded 5 years.

A vote was taken on a new article on the retirement rights of those covered by the amendment of the Unified Contracting Law.

The First Deputy Speaker noted that a vote was made to transfer new financial allocations of 90 billion dinars within the 2021 budget To implement service projects that contribute to providing new job opportunities and services to Najaf Governorate and the development of the economy in it.

The Iraqi Council of Representatives voted, during its session yesterday as well, to dissolve the parliament  on October 7, and that the elections will be held on October 10, 2021.

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The first government comment on approving the budget .. This is what will happen in the coming days
  
(Baghdad: Al Furat News) The financial advisor to the prime minister, Mazhar Muhammad Salih, said that there are projects that will be implemented in the coming days that were pending the approval of the 2021 budget law.
 

Saleh told {Al-Furat News} that "government expenditures constitute 50% for the operation of manpower and its effects for operating economic activity constitute 85%."
The government consultant added that "economic activity depends on government expenditures," stressing that "voting on the budget has a positive effect to initiate economic activities." 
He pointed out that "there are new projects that will start work in the coming days and will provide thousands  of job opportunities for the unemployed." 
Saleh pointed out that "there are operational programs to combat poverty and promote the ration card items, which were awaiting the vote on the budget law.  
The House of Representatives voted late last night on the articles of the Budget Law for 2021, after rounds of negotiations and conflicts that lasted for three months.

The political blocs, which participated in the voting session, added two articles that were not included in the draft budget. The first obliges the Council of Ministers to send the names of those assigned to the positions of independent bodies and special ranks to Parliament, by no later than June 30, to end the management of those positions by proxy.

As for the second article added to the law, it stipulates allocating 30,000 job grades for the return of those whose contracts have been avoided by the members of the Popular Mobilization Forces.

Five articles (20, 38, 42, 43, 47) were dropped in the vote. Parliament voted on Article (11) on the Kurdistan region’s share smoothly, and this article was one of the most prominent articles that obstructed the vote on the law.

Hussein Hatem

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 2021-04-01 06:48
 

Shafaq News / On Thursday, the Kurdistan Democratic Party considered the budget differences between Baghdad and Erbil to be political par excellence, while revealing the foil attempts to limit the region and return it to a governorate through some items in the budget.

A member of the Parliamentary Finance of the Democratic Party, Ikhlas Al-Dulaimi, told Shafaq News that the representatives of the Democrat in the Finance Committee, with the support of the Presidency and the Kurdistan Regional Government, thwarted attempts to limit the region and make it a governorate by introducing some items that are inconsistent with the rights of the Kurdistan Region and its people and the huge sacrifices that brought the region to this position .

Al-Dulaimi revealed the rejection of articles and items presented in the Parliamentary Finance Committee, most notably the salaries of employees in sovereign departments in Kurdistan (water resources, nationality and dams) in addition to some employees from the region, which amounted to 6 billion and 800 million dinars to Baghdad and deducted from the region's share in the budget despite the regional government It was paying 5 billion of it, and the rest was paid by the federal government, which was rejected by us after seeking the assistance of the presidency and the regional government. 

And considered, "this article presented in the Parliamentary Finance Committee and voted on by representatives of some Kurdish parties in the committee without referring to the regional government is an attempt to curtail Kurdistan."

Al-Dulaimi indicated, through the efforts and continuing efforts of the presidency and the regional government, to reject and cancel Article 41 of the budget for the sale of state assets, which includes agricultural contracts, and we demanded excluding the disputed areas covered by Article 140 in addition to the demands of Kirkuk MPs, except for Kirkuk only because of the problems of Arabization and the plunder of Kurdish lands practiced by the defunct regime and its king. For other people.

Al-Dulaimi criticized the neglect of the benefits of those whose contracts had been canceled by the army and the police in the budget law in exchange for approval of allocations to return 30,000 members of the Popular Mobilization Forces from those whose contracts had been canceled, with the approval and support of Parliament Speaker Muhammad al-Halbousi.

And she praised the presidential and governmental efforts of the Kurdistan Region to solve the controversial articles in the budget and communicate with the political forces about it.

The member of Parliament concluded, "It is not possible to come up with a satisfactory budget for everyone and to meet all the demands put forward, but taking into account the public interests of all requires treatments and amendments in the budget law approved by Parliament."

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Al-Halbousi announces the inclusion of 3 categories of victims and farmers in the 2021 budget
  
{Policy: Al Furat News} The Speaker of Parliament, Muhammad Al-Halbousi, announced that categories of victims and farmers will be included in compensation within the 2021 budget.
 

In a statement, Al-Furat News received a copy of it, Al-Halbousi stated, "The inclusion of visitor victims, victims of the ferry in Nineveh, and victims of the ferry in Dhi Qar governorate, according to the provisions of Law No. (20) of 2009 amended." 
He added that the budget also included the payment of compensation to farmers due to the floods in Maysan Governorate for the year 2018 and Abu Ghraib District for the year 2014.
The House of Representatives, in its session yesterday, Wednesday, voted on the fiscal budget law for 2021 with a value of 129 trillion dinars, after difficult labor and months of discussions regarding it. the divergent views and differences between the political blocs on the one hand and between Baghdad and the Kurdistan region on the other.
Wafa Fatlawi

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{Politics: Al-Furat News} The Speaker of Parliament, Muhammad Al-Halbousi, called on the Council of Ministers to introduce job grades to install contract holders.

 

Al-Halbousi demanded the application of the following paragraphs, provided that the concerned authorities bear the costs of their implementation from their allocations approved in the 2021 budget law:

A - For the purpose of fixing old contracts in the self-financing companies affiliated with the Ministry of Electricity and within the operating expenses, which number 8,641 and whose service exceeded 5 years or more.

B - for the purpose of establishing contracting contractors in all ministries and agencies not associated with a ministry and whose service exceeded 5 years or more, including good signs.
Ammar Al-Masoudi

 

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A day after the budget was approved, Electricity issues a statement about the salaries of its employees
  
{Local: Al Furat News} The Ministry of Electricity announced that it will start paying the salaries of its employees a day after the House of Representatives approved the 2021 Budget Law.
 

According to a statement by the ministry, the Euphrates News Agency received a copy of it “after the great efforts made by the Ministry of Electricity regarding securing and including dues of contracts and electricity wages, and based on Cabinet Decision No. 114, the Ministry began today, Thursday, to hand over instruments for the payment of the dues of its members from contracts and wages in all formations of the ministry for a month One".
He added, "And based on what was approved by the House of Representatives yesterday, Wednesday, by voting on the state budget, the ministry began today, Thursday, immediately measures to secure the remaining dues payable for the year 2020, and to secure the current year 2021 dues, through official correspondence and reviews with the relevant ministries and the preparation of collection lists. Central, and that the dues will be paid regularly during the months of the current year for them. "
He continued, "Today, Thursday, the salaries of the ministry’s employees were secured from the permanent staff, and they will be disbursed on Sunday of next week," noting that "the approval of the budget that was voted on will ensure the regular payment of salaries on the scheduled dates."
Ammar Al-Masoudi

 

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  •  Time: 04/01/2021 19:51:31
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Al Furat News publishes the text of the 2021 budget law in full
  
{Economic: Al Furat News} Our agency publishes the text of the federal budget law for the year 2021 in full.
 

The House of Representatives voted to approve the budget law.
To view the text of the budget law ... click here

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Information / private.

A former member of the House of Representatives, Saad Al-Muttalabi, considered, on Thursday, that what happened last night was a complete blowout of the Iraqi economy.

"Voting on the 2021 budget in its current form and passing it is not considered a fulfillment of the interests of the Iraqi citizen, but on the contrary, what happened is to blow up the Iraqi economy and the dinar together with an abhorrent political agreement."

He added, "Yesterday's session between the size of the concessions made by some political blocs to the Kurds and their acceptance of the conditions they brought with them were the same on the government every time."

He pointed out that "these agreements that took place before the budget session are a disappointment to the people who were hoping for the good of their leaders."

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1603827641_1599381131_59de6c8f-fa3d-4ef1
Mustafa Jabbar Sanad wrote:
 
1) The amounts available to the state treasury from changing the exchange rate
21 trillion Iraqi dinars per year
2) The sums available from the current oil price difference from the budget price
23 trillion Iraqi dinars per year
Since the first paragraph was harvested from the pocket of the citizen, and the government and the Finance Committee claim that it wants to stop the bleeding of the currency and does not want to harm the citizen, it is possible to redistribute the 21 trillion to the people, for the purpose of returning the purchasing power to the citizen and ensuring that they buy the minimum living standards of food and essential goods, and this means Maintaining the power of the citizen with the weakness of the powerful and their inability to buy large amounts of dollars.
So the share of each Iraqi person from this paragraph is 525 thousand dinars per year, and it is distributed to all individuals, whether they are children or adults.
So here the treatment is accurate that affects only the damaged cells and protects the healthy ones, and here I am with a high exchange rate that protects the currency and protects the citizen.
The state can supplement its remaining budget from the oil price difference, and it can also issue means of payment to support investment and agricultural projects.
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On 4/1/2021 at 10:52 PM, yota691 said:

said

 

On 4/1/2021 at 10:52 PM, yota691 said:
The first government comment on approving the budget .. This is what will happen in the coming days
  
(Baghdad: Al Furat News) The financial advisor to the prime minister, Mazhar Muhammad Salih, said that there are projects that will be implemented in the coming days that were pending the approval of the 2021 budget law.
 

Saleh told {Al-Furat News} that "government expenditures constitute 50% for the operation of manpower and its effects for operating economic activity constitute 85%."
The government consultant added that "economic activity depends on government expenditures," stressing that "voting on the budget has a positive effect to initiate economic activities." 
He pointed out that "there are new projects that will start work in the coming days and will provide thousands  of job opportunities for the unemployed." 
Saleh pointed out that "there are operational programs to combat poverty and promote the ration card items, which were awaiting the vote on the budget law.  
The House of Representatives voted late last night on the articles of the Budget Law for 2021, after rounds of negotiations and conflicts that lasted for three months.

The political blocs, which participated in the voting session, added two articles that were not included in the draft budget. The first obliges the Council of Ministers to send the names of those assigned to the positions of independent bodies and special ranks to Parliament, by no later than June 30, to end the management of those positions by proxy.

As for the second article added to the law, it stipulates allocating 30,000 job grades for the return of those whose contracts have been avoided by the members of the Popular Mobilization Forces.

Five articles (20, 38, 42, 43, 47) were dropped in the vote. Parliament voted on Article (11) on the Kurdistan region’s share smoothly, and this article was one of the most prominent articles that obstructed the vote on the law.

Hussein Hatem

Great articles I also like the one about the projects that depending on the budget I Hope project to delete zeros is one of them the other article stopping the bleeding of usd abdcreturning the purchasing power to the citizen this is great only way is to make dinars preferred currency in country by adjusting rate and deleting zeros! GO IRQA and G O RV!

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Just now, screwball said:

 

Great articles I also like the one about the projects that depending on the budget I Hope project to delete zeros is one of them the other article stopping the bleeding of usd abdcreturning the purchasing power to the citizen this is great only way is to make dinars preferred currency in country by adjusting rate and deleting zeros! GO IRQA and G O RV!

 and here I am with a high exchange rate that protects the currency and protects the citizen.

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21 hours ago, yota691 said:

Voting on the 2021 budget in its current form and passing it is not considered a fulfillment of the interests of the Iraqi citizen, but on the contrary, what happened is to blow up the Iraqi economy and the dinar together with an abhorrent political agreement."

Ouch. 

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Trillion dinars, Baghdad's share of the budget

 
 Baghdad: Muhannad Abdul-Wahhab
 
The Parliamentary Services Committee announced the allocation of a trillion dinars to the governorate of Baghdad from the state budget.
Committee member Alaa Sukkar Al-Delfi said, in an interview with Al-Sabah, that “the financial allocations in the budget for the provinces were distributed fairly according to the population ratios, and Baghdad got a trillion dinars, because its population is the largest of the rest of the provinces,” indicating that “the committee will focus on projects. The lagging and strategic, who has an entity on the ground and will work to complete the work on it.
He added that "the committee, after approving the budget and distributing financial allocations to the provinces, will form sub-committees from its members to follow up the accurate disbursement of project funds, in order to complete the strategic projects for the provinces that are in their interest."
And he indicated that “the committee's tasks are to follow up the ministries and local governments in implementing these strategic and delayed projects that affect the life of the citizen,” noting that “the committee is determined to follow up and evaluate projects after 
Achievement ».
Al-Delphi pointed out that "the committee is preparing this budget different from its predecessors in terms of project completion, because the committee members will intensify supervision and follow-up projects, especially projects that contribute to stabilizing the citizen's life, such as water projects and infrastructure for the provinces.
He pointed out that “through the work of the supervisory committee, it will follow up the projects that have ceased to exist and that have been neglected for years and led to a waste of public money in all governorates, especially the projects whose contracts were signed between 2005 to 2007 and the following years, and which have ceased and need additional work to re-work in them. Therefore, the sub-committees of the Services Committee, with the participation of the concerned ministries, will prepare evaluations for these projects to follow up on them, and to see if it is possible to re-work them again.
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Welcome the approval of the 2021 budget despite reservations about some of its provisions

 
 Baghdad: Hussein Al-Tamimi
 


Although her birth was difficult and it lasted for several months between tension and attraction, she found a way to the light, to carry many of the positives to the local market, although it did not differ from previous budgets from previous budgets. The solutions they provide, and give the private sector the opportunity to move and provide job opportunities to a wide range of young people ». 
Reduce disability

Antoine pointed out that "the delay in approving the budget has created negative repercussions during the last period, although the delay resulted in modifying the budget figures and a decline in the deficit ratio, after oil prices witnessed a clear rise in global markets, which resulted in reducing the deficit to 28 billion dollars."
 
Productive sectors
Antoine praised "the deletion of some paragraphs that cannot be passed, especially Article 47 and some of what was mentioned in Article 48", pointing out that the economic circles had hoped that the budget would carry great support for the productive sectors and that it would be a program budget, not a clause budget. 
He said: "Despite the notes on the budget items, approving it carries positives for the reality of performance in the local market."
Academician Aqeel Ali Al-Muhammadawi said: “In light of the approval of the 2021 budget, including the political debacles and insights it contained, the visions and ideas of specialists, government experts and consultants, and fixing the exchange rate at an amount of (145) thousand dinars per 100 dollars instead of (118) thousand dinars per 100 dollars, as well as raising The price of oil in the budget is at (45) dollars instead of (42) dollars, and there are articles and paragraphs that have been approved in last-minute settlements, to achieve political gains and for the purpose of watering and overburdening the federal budget with financial commitments for years to come that are not economically and developmentally justified. Determining the price of oil in the 2021 budget and fixing the exchange rate at (145) thousand dinars, in an objective, professional and methodical manner. 
 
Financial deficit
He explained that «starting from that an official exchange rate is fixed at an amount of (145) thousand dinars per (100) dollars and its price in the market reaches approximately (146 - 147) thousand dinars, financially there will be no positive effect significantly because the estimates indicate an amount that does not exceed (8) Trillions of Iraqi dinars compared to the financial deficit that exceeded the amount of (28) trillion Iraqi dinars and the increase in public spending in escalating rates, despite the statement of some officials in the monetary policy in the Iraqi government that the increase in the exchange rate saved almost an amount of (10) trillions. .
He pointed out that «with regard to the price of oil in the budget of $ 45, somewhat approached the equilibrium price of $ 48, which is calculated using standard financial and economic equations». 
 
Work programs
He stressed that «the approval of the federal budget 2021 in light of bearing the psychological, social, political and other burdens, is a step in the right direction, but this needs to be studied and integrated mechanisms and work programs and to show high professional and national concern. With regard to the articles and paragraphs added or amended in this budget that are no less important than fixing the exchange rate in the budget, it can be dealt with in a detailed and accurate manner. 
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When does the budget law enter into force?

Political02:48 - 04/03/2021

 
image
 
 

 

BAGHDAD - Mawazine News
The Parliamentary Finance Committee confirmed, on Saturday, that the Federal Budget Law for 2021 will enter into force as of the beginning of this year.
The deputy of the committee, Sherwan Mirza, said that "the Presidency of the Council of Representatives will send the federal budget law for the year 2021 to the Presidency of the Republic for the purpose of ratification, and then the law will be published in the Iraqi newspaper Al-Waqa'i’. "
Mirza added, "The budget law will enter into force after that and with retroactive effect, meaning from 1/1/2021 until 12/31/2021," noting that "these measures did not take a long time and the law will come into effect soon."
He stated, "The Federal Ministry of Finance will also issue budgetary instructions without changing any article of the federal budget law for the year 2021." Ended 29 / A 43

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Completion of 90% of the private and public sector partnership law

 
 Baghdad: Muhannad Abdul-Wahhab
 
The Parliamentary Economic and Investment Committee stated that the next stage after approving the budget will be the stage of approving economic laws that support the Iraqi economy and contribute to providing quality local products that match 
importer.
Committee member Nada Shaker Jawdat said in an interview with Al-Sabah: “One of the most important laws that must be put into place at this stage is the partnership between the private and public sectors, and other important laws that are in the interest of correcting the economic situation.”
She pointed out that “the Parliamentary Economic Committee is working to assess the economic situation, and scheduling its work with the relevant ministries to draw up new plans that keep pace with the size of their budgets to provide the available resources, in addition to its intention to approve the partnership law, and 90% of its paragraphs have been completed, in addition to strengthening and supporting other laws such as investment. Al-Maadeni and reviewing laws that require amendments and facilities to easily open the door for investment 
Investors ».
She added that "the human potential is able to change the Iraqi economic reality to its best with the support of legislation, including the law of partnership between the private and public sectors, which contributes to the development of the country industrially and supports it economically and provides a large cash block at home."
Jawdat pointed out that “strengthening and correcting the local industry and relying on it represents the best solution to avoid the high prices of imported products, which constitutes a successful action plan for ministries to evaluate their factories in two ways. Either offering it for investment or evaluating it and working to operate it with local competencies and expertise, in addition to relying on pushing development and benefiting from the manufacturing plans adopted by factories in neighboring or global countries in manufacturing products with Iraqi expertise.
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Representative Finance: Unenforceable opinions are not binding on the government

 
 Baghdad: Hoda Al-Azzawi
 
Members of the House of Representatives submitted proposals regarding salaries, market prices and other files that followed the approval of the general budget, while the Deputy Speaker of Parliament, Bashir Al-Haddad, announced that the 2021 budget bill will be referred to the relevant department for review and scrutiny. The law is likely to be sent to the President of the Republic during this week for approval and publication. In the Official Gazette, to come into effect after the Ministry of Finance issued instructions for implementing the budget. Al-Haddad said, in a statement: "After the budget is approved, the Parliamentary Affairs Department will check the articles of the law and match its texts to the final version before sending them to the Presidency of the Republic." In turn, the head of the Human Rights Committee, MP Arshad Al-Salhi, called on the government to distribute the salaries of employees for the next three months in dollars.
In this regard, a member of the Parliamentary Finance Committee, Adnan Al-Zorfi, confirmed, in an interview with Al-Sabah, that “what the deputies propose is not binding on the government, and these proposals are not necessarily applicable,” indicating that “the applicable matters are those presented in the budget law, as for the proposals of the representatives. It may generate some ideas and opinions, but it is not binding on the government ». He added, "The application of these proposals is due to the government and the monetary policy of the Central Bank in the process of approving the exchange process, and not to meet the desire of the representatives.
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Welcome the approval of the 2021 budget despite reservations about some of its provisions

 
 Baghdad: Hussein Al-Tamimi
 


Although her birth was difficult and it lasted for several months between tension and attraction, she found a way to the light, to carry many of the positives to the local market, although it did not differ from previous budgets from previous budgets. The solutions they provide, and give the private sector the opportunity to move and provide job opportunities to a wide range of young people ». 
Reduce disability

Antoine pointed out that "the delay in approving the budget has created negative repercussions during the last period, although the delay resulted in modifying the budget figures and a decline in the deficit ratio, after oil prices witnessed a clear rise in global markets, which resulted in reducing the deficit to 28 billion dollars."
 
Productive sectors
Antoine praised "the deletion of some paragraphs that cannot be passed, especially Article 47 and some of what was mentioned in Article 48", pointing out that the economic circles had hoped that the budget would carry great support for the productive sectors and that it would be a program budget, not a clause budget. 
He said: "Despite the notes on the budget items, approving it carries positives for the reality of performance in the local market."
Academician Aqeel Ali Al-Muhammadawi said: “In light of the approval of the 2021 budget, including the political debacles and insights it contained, the visions and ideas of specialists, government experts and consultants, and fixing the exchange rate at an amount of (145) thousand dinars per 100 dollars instead of (118) thousand dinars per 100 dollars, as well as raising The price of oil in the budget is at (45) dollars instead of (42) dollars, and there are articles and paragraphs that have been approved in last-minute settlements, to achieve political gains and for the purpose of watering and overburdening the federal budget with financial commitments for years to come that are not economically and developmentally justified. Determining the price of oil in the 2021 budget and fixing the exchange rate at (145) thousand dinars, in an objective, professional and methodical manner. 
 
Financial deficit
He explained that «starting from that an official exchange rate is fixed at an amount of (145) thousand dinars per (100) dollars and its price in the market reaches approximately (146 - 147) thousand dinars, financially there will be no positive effect significantly because the estimates indicate an amount that does not exceed (8) Trillions of Iraqi dinars compared to the financial deficit that exceeded the amount of (28) trillion Iraqi dinars and the increase in public spending in escalating rates, despite the statement of some officials in the monetary policy in the Iraqi government that the increase in the exchange rate saved almost an amount of (10) trillions. .
He pointed out that «with regard to the price of oil in the budget of $ 45, somewhat approached the equilibrium price of $ 48, which is calculated using standard financial and economic equations». 
 
Work programs
He stressed that «the approval of the federal budget 2021 in light of bearing the psychological, social, political and other burdens, is a step in the right direction, but this needs to be studied and integrated mechanisms and work programs and to show high professional and national concern. With regard to the articles and paragraphs added or amended in this budget that are no less important than fixing the exchange rate in the budget, it can be dealt with in a detailed and accurate manner. 
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Representative Finance: Unenforceable opinions are not binding on the government

 
 Baghdad: Hoda Al-Azzawi
 

Members of the House of Representatives submitted proposals regarding salaries, market prices and other files that followed the approval of the general budget law, while the Deputy Speaker of Parliament, Bashir Al-Haddad, announced that the 2021 draft budget will be referred to the relevant department for review and scrutiny. The law is likely to be sent to the President of the Republic this week for approval and publication In the Official Gazette, to come into effect after the Ministry of Finance issued instructions for implementing the budget.

Al-Haddad said, in a statement: "After the budget is approved, the Parliamentary Affairs Department will check the articles of the law and match its texts with the final version before sending them to the Presidency of the Republic."

In turn, the head of the Human Rights Committee, MP Arshad Al-Salhi, called on the government to distribute the salaries of employees for the next three months in dollars.
In this regard, a member of the Parliamentary Finance Committee, Adnan Al-Zorfi, confirmed, in an interview with Al-Sabah, that “what the deputies propose is not binding on the government, and these proposals are not necessarily applicable,” indicating that “the matters that are applicable are those presented in the budget law, as for the proposals of the representatives perhaps Create some ideas and opinions, but it is not binding on the government.
He added, "The application of these proposals is due to the government and the monetary policy of the Central Bank in the process of approving the exchange process, and not to meet the desire of the representatives.
The Adviser to the Secretary-General of the Council of Ministers for Financial Affairs, Obaid Mahal, told Al-Sabah: “Paying salaries in dollars to employees, as suggested by one of the representatives, is a defective thing, regardless of the economic damage that he will cause if this proposal is implemented, since the flag and currency are from State sovereignty, and we are in a sovereign state, and sovereign states have an exclusive right to dispose of their currencies.With regard to the budget and the texts that have been voted on, Mahal explained, “All the articles that have been voted in violation of the constitution, one of the articles of the constitution confirms that the session of the House of Representatives does not end without the approval of the budget and the discussion of it is not less, but with its approval, and this is what happened in 2014 and 2020 And it should have been approved before the end of the session, and in Article 60, those who prepare draft laws are the President of the Republic and the Council of Ministers only, and parliamentary proposals are submitted to the Council of Ministers, not to vote on them directly. The budget and presenting proposals to the government to increase some items, and when necessary, Parliament proposes to the Council of Ministers to increase the funds for expenditures, ”noting that“ until now we do not know what changes have been made to the budget, ”stressing that“ everything in the budget is against the constitution. ” 
The head of the Parliamentary Human Rights Committee, Arshad al-Salihi, had attributed his demand to the government that salaries should be distributed for the next three months in dollars so that the aggrieved citizen could return part of his stolen right, which would lead to an increase in the value of the Iraqi dinar directly.
In a statement, Al-Salhi said: His claim comes after the Oil Ministry’s statement on the amount of its exports for the month of March, whose revenues amounted to $ 5.8 billion, the amount of exported oil 91 million and 311 thousand and 929 barrels, at an average price of $ 63.329 per barrel, despite OPEC’s decision to reduce production, indicating that The poor segment has been exposed to outrageous damage as a result of the high price of the dollar against the Iraqi dinar by the Central Bank.
He added that the responsibility entrusted to us is part of our supervisory duties, and based on the principle of preserving the rights of citizens, we demand that the salaries of employees be distributed for the next three months in dollars.
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