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

[yota691]

Al-Haddad: The budget entered a new path that precedes the approval of the presidency

 

The Iraqi Parliament Building

money and business Economy News - Baghdad The second deputy speaker of Parliament, Bashir Al-Haddad, announced, on Saturday, that the draft budget for 2021 will be referred to the relevant department, while it is likely to be approved by the Presidency of the Republic during the current week. Al-Haddad said in a press statement followed by Al-Eqtisad News, that "after the House of Representatives voted on the draft federal budget law for 2021, the draft law was transferred to the relevant department for review and scrutiny." He added, "After the budget is approved, the Parliamentary Affairs Department will check the articles of the law and match its text with the final version before sending it to the Presidency of the Republic." He favored "sending the law to the President of the Republic during this week for approval and publishing it in the Official Gazette, to enter into force after the Ministry of Finance issued instructions for implementing the budget."

Number of observations 689   Date added 04/03/2021

[yota691]

A member of Parliamentary Finance expects the dollar exchange rate to rise to 160,000 dinars

11:59 - 03/04/2021

 

  

The information / Baghdad ..
The representative of the state of law in the Parliamentary Finance Committee, Abd al-Hadi al-Saadawi, expected, on Saturday, that the exchange rate would reach 1600 against the dollar.
Al-Saadawi said in a statement to / information /, that "the Saeron bloc agreed with the Kurdistan Democratic Party and persuaded the Al-Fateh bloc to proceed with the exchange rate in order to achieve financial gains."
He pointed to “the control of one of the political parties over the central bank to withdraw hard currency in dollars and sell it in Iraqi dinars after the exchange rate rose for specific gains,” expressing his fear that “the exchange rate would reach 160 thousand dinars against 100 dollars in addition to the high prices and the only affected are the poor. “.
The economic expert Ihssan Al-Kinani confirmed in a previous statement that the prices of foodstuffs and the local market in general will rise more than before, after the official adoption of the exchange rate of the empty dollar in the budget. End / 25 h

[yota691]

State of Law announces his intention to challenge the budget tomorrow

Policy

2021-04-03 | 15:46

 

 

5,057 views

 

The deputy for the State of Law coalition, Abdul Salam Al-Maliki, announced today, Saturday, that his coalition will submit an appeal tomorrow morning to the Federal Court in some of the budget provisions approved by Parliament a few days ago.

Al-Maliki said in an interview with Alsumaria News, "The State of Law Coalition, after its boycott of the session for voting on the budget due to the presence of many observations regarding it, and within its moral and legal duty and the presence of many violations included in the budget, it will present an appeal tomorrow, Sunday, to the Federal Court regarding some of the budget articles." ".

 

 

Al-Maliki added, "The state of law will present an appeal first on the exchange rate of the dollar against the dinar and secondly regarding the inclusion of those who are missing or missing persons in the martyrs law, in addition to not including the appointments of free lecturers, engineers and 30 thousand job opportunities for children." Basra".

[yota691]

Parliamentary Finance talks about contract salaries and wages in the budget

Economie

04-04-2021 | 01:59

 

 

 

9,911 views

 

 

Today, Saturday, the Parliamentary Finance Committee announced that it will secure the salaries of contracts and employees covered by Resolution 315 for a full year, while confirming that there is no increase in salaries within the 2021 budget.

Committee member Ikhlas Al-Dulaimi said, according to the official agency, that "there are large numbers of those covered by Resolution 315 of contracts, daily employees and lecturers," noting that "900 billion dinars have been allocated to cover their expenses throughout the year 2021."

 

She added, "The allocations included in the 2021 budget ensured that salaries were covered for a full year only, without there being an increase in salaries, especially since the minimum is 460 thousand for the contractor and 370 thousand for the wage earner, according to the certificate."

Al-Dulaimi noted, "There is a paragraph in the 2021 voted budget that includes confirming contract holders who have a service of eight years or more."

[Wheelman]

1 hour ago, yota691 said:

Representative Finance: Unenforceable opinions are not binding on the government

Sunday 04th April 2021 55

 

 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.

“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 thisproposal is implemented, since the flag and currency are from State sovereignty, and we are in asovereign state, and sovereign states have an exclusive right to dispose of their currencies.
My thoughts exactly, Iraq Central Bank is a major stockholder in the EU Central Bank. Iraq has pending International Contracts, and Contractors waiting to flood Iraq.  Iraq can’t go International using the USD currency, they can’t join the WTO, using the USD currency, this is a smoke screen if I ever seen one, rite now if salary pay $250,000 dinars that’s only $250.00 USD, even if that $250,000 dinar was a weekly pay, that’s a $1000.00 USD a month total, Shabibi didn’t put this plan together to have the working class citizens get paid a monthly salary of $1000.00 USD. The budget set at $42.00 a barrel, oil is selling at $64.86 a barrel, that’s a $23.86 surplus a barrel. Iraq is pumping 3,000,000 million barrels a day, at $23.86 surplus a barrel, this is a $71,580,000 million profit, not including the tax and tariffs that’s coming in from the ports. The articles are to keep use confused, stay grounded! 
Furthermore who the h-ll is this representative? and who is he scheming for?

Edited April 4, 2021 by Wheelman

[yota691]

Parliamentary Finance: The budget will be applied and implemented retroactively for the past months

 

money and business Economy News _ Baghdad On Sunday, a member of the Parliamentary Finance Committee, Muhammad al-Shabki, stated that the budget will be applied and implemented retroactively for the past months that were not enacted, pointing out that the budget must be effective from the first of last January. Al-Shabaki said in a press interview, that "the federal budget for 2021 is supposed to be published in the Iraqi newspaper Al-Waqae 'after it was decided by Parliament and voted on in general." He added that "the budget is considered effective from the first of January of the year 2021, despite the parliament voted on it on the 31 of last March." He explained that "the budget is applied and implemented retroactively for the past months, after Parliament voted on it after exceeding the specified date for its implementation."

Number of observations 141   date of addition 04/04/2021

[yota691]

 

Parliamentary Economic Committee: 80% of the 2021 budget is in loans

 

•  

 2021-04-04 04:44

 

Shafaq News / Member of the Economy and Investment Committee, MP Nada Shaker Jawdat revealed on Sunday that 80% of the current 2021 budget is loans, stressing the necessity of developing a reform austerity budget.

Jawdat said in an interview with Shafaq News: "Iraqi money was lost as a result of corruption, which led us to develop a budget of 80% of which it consists of loans," indicating that "resorting to borrowing came because it is the easiest thing for them and does not show their helplessness in front of the citizen."

Jawdat added that "the loans will tie the country to debts that must be repaid later and with great interest," stressing that "an austerity and economic reform budget must be put in place so that the focus is on establishing production plants that would employ the workforce and provide local goods and materials instead of importing them and perhaps give a surplus to be exported." Out. "

And she continued, "All countries of the world resort to borrowing to establish productive projects, except that Iraq resorts to borrowing for consumption," noting that "all previous and even current budgets are explosive ones, but there is no achievement of them mentioned."

On Wednesday (March 31, 2021), the Iraqi parliament voted on the federal budget law for the fiscal year 2021, with a deficit of more than 28 trillion dinars, and a tug of war that lasted for months.

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

[Wheelman]

8 hours ago, yota691 said:

 

Parliamentary Economic Committee: 80% of the 2021 budget is in loans

 

•  

 2021-04-04 04:44

 

Shafaq News / Member of the Economy and Investment Committee, MP Nada Shaker Jawdat revealed on Sunday that 80% of the current 2021 budget is loans, stressing the necessity of developing a reform austerity budget.

Jawdat said in an interview with Shafaq News: "Iraqi money was lost as a result of corruption, which led us to develop a budget of 80% of which it consists of loans," indicating that "resorting to borrowing came because it is the easiest thing for them and does not show their helplessness in front of the citizen."

Jawdat added that "the loans will tie the country to debts that must be repaid later and with great interest," stressing that "an austerity and economic reform budget must be put in place so that the focus is on establishing production plants that would employ the workforce and provide local goods and materials instead of importing them and perhaps give a surplus to be exported." Out. "

And she continued, "All countries of the world resort to borrowing to establish productive projects, except that Iraq resorts to borrowing for consumption," noting that "all previous and even current budgets are explosive ones, but there is no achievement of them mentioned."

On Wednesday (March 31, 2021), the Iraqi parliament voted on the federal budget law for the fiscal year 2021, with a deficit of more than 28 trillion dinars, and a tug of war that lasted for months.

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

Unconstitutional To Pay Salaries In USD.

Vice shows the possibility of paying salaries in dollars

Sunday 4 April 2021 | 02:44 PM

 

The representative of the Al-Fateh Alliance, Ahmed Al-Kinani, confirmed, on Sunday, that the proposal to pay employees’ salaries in dollars cannot be implemented at the present time for several reasons, indicating that the appeal of the dollar price will be rejected if it is submitted because it is not legitimate .

Al-Kinani said, “The proposal to pay salaries in dollars was not adopted by a political bloc or coalition, but rather by one of the representatives,” indicating that “the proposal will not be accepted by the political forces because it is not acceptable at the present time .”

He added that “the intention of one of the political forces to submit an appeal to the Federal Court regarding the re-exchange of the dollar is illegal and will be received by the Federal Court as it is not enacted by law by Parliament, but rather a decision by the Iraqi Central Bank, which is constitutionally responsible for monetary policy .”

aynaliraqnews.com

[yota691]

Parliamentary committee: Delete the paragraph on selling state property from the Iraq Budget Law 2021

Iraqi Parliament

 04 April 2021 7:07 PM

 

Mubasher: The Parliamentary Legal Committee in Iraq confirmed the deletion of the paragraph on selling state property from the General Budget Law for 2021.

The reporter of the Parliamentary Legal Committee, Yahya Al-Muhammadi, said to the Iraqi News Agency (INA), today, Sunday, that "there is a paragraph in the general budget for 2021, asking Parliament to approve the sale of state property by the government."

Al-Muhammadi indicated that this paragraph has been deleted, and it is not possible to dispose of any state property except in accordance with the law.

He pointed out that "effective laws govern and regulate the sale of state property, and the government should refer to it and apply it."

[yota691]

Parliament revives the hopes of 400,000 contract holders

Monday 05th April 2021 83

 

 Baghdad: Hoda Al-Azzawi

 

After waiting for many years, the House of Representatives revived the hopes of nearly 400,000 citizens of daily contract and procedure employees (covered by Resolution 315 and its amendments) working in the state ministries and institutions, by adding a new item in the 2021 General Budget requiring fixing this important category on (permanent staff) For those whose contracts have passed (more than 5 years), provided that there are job grades or financial allocation by those ministries and bodies not associated with a ministry. 

Member of the Parliamentary Legal Committee, Hussein Al-Oqabi, explained in an exclusive interview with Al-Sabah, that “fixing contracts on permanent owners for those who have completed (five years) is conditional upon the provision of financial allocation, and that grades are secured by vacant grades once, and again degrees are created. By the concerned ministry, and to address the Ministry of Finance that (it has a financial allocation that covers the grades for these addresses, and please introduce them), and therefore the Ministry of Finance creates them and the appointment is made to them.

Al-Aqabi added that “the term (deletion and creation) is an incorrect designation, but it is (vacant degrees),” explaining that “the employees of the Ministry of Electricity according to the decision of 315 number (eight thousand), and the same number may be in other institutions and ministries, and any administrative procedures if Such a defect can be challenged by the plaintiff in the Administrative Court. The spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, said in an exclusive interview with “Al-Sabah”: “Paragraph (6) of Resolution 315 directs the application of treatments related to daily contracts and procedures (immediately) in the event that job grades and financial allocations are available, and in the event that they are not available, it is transformed into The 2020 budget until it is implemented. ”However, the resignation of the previous government after the demonstrations, the delay in its formation, and the failure to approve the budget in light of the Corona pandemic and the accompanying low oil prices and the deteriorating economic situation prevented it from being approved.

[yota691]

Al-Jubouri reveals important information about the budget: Objection bids on the dollar to al-Kazemi's fall

•  Time: 04/04/2021 23:02:12
•  
•  Read: 17,355 times

  

{Baghdad: Al Furat News} The head of the Parliamentary Finance Committee, Haitham Al-Jubouri, revealed, on Sunday, important information about the budget: Objection bids on the dollar to fall Al-Kazemi

Al-Jubouri stated in a televised statement that "90% of the members of Parliament and the Iraqi people are satisfied with it, and it is for the first time that we reach a budget in this way," indicating that "the 2021 budget faced many pressures, including the proximity of the elections, the intersection of the interests of political blocs, the circumstances of the Corona pandemic, and the demands of society and these are all combined Financial Paradise has been subjected to pressure. "
He indicated that "the pressure of expenditures and the increase in revenues were the concern of the Finance Committee, and the deficit was reduced from 80 trillion dinars to 29 trillion, and for the first time the Kurds agreed on the budget," noting that "the financial allocations for the lecturers by placing 900 billion dinars for them and the education sector and contracts 
and issuing direct orders to the lecturers." The Council of Ministers shall set the remuneration. "

He added, "Solving the problem of lecturers for free is in the hands of the Council of Ministers and the Ministry of Education by converting them into contracts and the budget for the popular crowd is 2 trillion and 873 billion dinars for 169 thousand and 200 members." Current in order to cover all slide requests. "
He added that "every contract that lasted 5 years turns into appointment to permanent staff, on the condition that if the allocations of the ministry or government agency are sufficient to cover them, they are fixed, otherwise they continue as contracts, and that the temporary owners are an official contract, and that the salaries of the three presidencies have decreased by 60%, and the salaries arrived from the government 54 Trillon dinars, which is more than a third of the budget. "
He pointed out that oil sales, after raising the dollar’s exchange rate, reached 73 trillion dinars, 10 trillions go to licensing rounds, and the remaining 63 trillion dinars are distributed as salaries and expenditures.

He explained that "the number of employees in Iraq is 3 million and 250 thousand employees, and the same is retired. The number of those covered by the social welfare network is one million and 800 thousand families, so that the total of those receiving a salary from the state reaches 8 million and 100,000 people, and we seek to approve the Social Security Law and include those who work in the private sector with loans, retirement and the same." Privileges of a government employee, unfortunately, any reform issue faces accusations and treason. "
He indicated that "for the first year in the budgets by setting a text for establishing a petrodollar fund for each oil and gas producing province in which to be placed monthly, 
the Finance Committee raised the provincial allocations from 2.5 trillion to 10 trillion, 27 trillion dinars, the investment budget and its share is 12.6%, equivalent to approximately 3 trillion dinars and 100 billion dinars, and we did not give One dinar plus for the Kurdistan region. "
He said, "Electoral auctions took place under the pretext of the budget to bring out demonstrations and bring down the prime minister, Mustafa Al-Kazemi, and we are talking about information and not slogans, and that all the leaders of the political forces supported and agreed to increase the exchange rate of the dollar, and some of them had reneged on this for electoral purposes, and the government would not have dared to make the decision without it having obtained the approval of the political leaders. And forces objected to the budget to embarrass Al-Kazemi and his government and prevent any attempt for him to run for elections. "

Raghad Daham

[yota691]

Iraq's teachers are calling on Saleh not to approve the 2021 budget

 

President of the Republic, Barham Salih. "Internet"

money and business Economy News - Baghdad The Iraqi Teachers Union called on President Barham Salih not to approve the draft federal budget approved by Parliament, on Wednesday, until an amendment is made to ensure the rights of thousands of teachers are granted temporary contracts in schools. Teachers have been working on temporary contracts in schools for 10 years for free, in the hope that they will be installed on permanent contracts and will receive monthly salaries. The head of the Iraqi Teachers Syndicate, Abbas Al-Sudani, said during a press conference held in Baghdad yesterday, Sunday, that "teachers on temporary contracts have made efforts in the Education Department for free without any monthly dues." Al-Sudani added that all teachers will stand by force to convert free-working teachers into permanent paid contracts, and that any services provided without paying a fee for this are exploitation and a procedure contrary to the law. The protests area of teachers appointed on temporary contracts covers 15 Iraqi governorates, excluding the governorates of the Kurdistan region. The captain called on the Prime Minister to "increase the financial allocations specified in the budget to convert temporary teacher contracts to fixed ... We call for the budget not to be approved until the amendment is made to the paragraph on teachers." The country's draft budget for 2021 included an item under the name of "grant" that would be offered to teachers on temporary contracts, without clarifying the mechanism of its distribution, which was rejected by the union. Malek Hadi, "the representative of the free lecturers", said in press statements that the total number of teachers working for free in the country in the education sector is 140,000. Since last Thursday, that is, the day after the Iraqi parliament approved the country's budget, protests began in the southern provinces of the country, and expanded to include all provinces. On Sunday, the governorates of Baghdad, Salah al-Din, Najaf, Karbala, Diwaniyah, Babil, Muthanna, Nineveh, Diyala, Dhi Qar, Wasit, Basra, Anbar and Maysan were witnessed. On Wednesday, the House of Representatives approved the country's financial budget for the current year 2021, with total expenditures of 129 trillion dinars (88 billion dollars). Source: Anatolia

Number of observations 103,   date of addition 04/05/2021

[yota691]

Honest: If the government does not consider the exchange rate any more, we will be the first to speak out

20:20 - 04/05/2021

 

  

Information / Special ...

The Sadikoun bloc confirmed, on Monday, that it will be at the forefront of confronting government measures in the event that the exchange rates are no longer considered.

"We call on the government to reconsider the exchange rates of the dollar in the local market, as it caused the disclosure of the obscene price tag and the exhaustion of citizens," said a member of the bloc, Muhammad al-Baldawi, in a statement to / Al-Maalouma.

He added, "We also ask the government to work and control the prices of the main materials that affect the life of the Iraqi citizen, especially as it witnessed a significant increase during the previous period, otherwise we will be at the forefront of confronting its future measures."

He pointed out that "the Sadikoun bloc and the Al-Fateh Alliance hold the government responsible for the deterioration of the economic conditions in the country and the negative impact of the citizens' lives by its decisions."

[yota691]

Saeron: The political blocs did not object to the decision to raise the dollar’s exchange rate

20:31 - 04/05/2021

 

  

Information / Special ...

Badr Al-Ziyadi, a member of the Saeron Alliance, confirmed that there are no differences between the blocs about the budget and its approval, but just differences of opinion, pointing out that all the blocs did not object to the decision to raise the dollar exchange rate

"All political blocs do not differ on the budget, and there is no disagreement between them and others, but just a difference of opinions about some of the paragraphs that were voted on within the budget, and thus understandings were obtained and the matter is over," Ziyadi said in a statement to the agency.

He added, "When the government sent a book to raise the exchange rate, no bloc objected to the matter, and there was no voice rejecting this government decision. On the contrary, it was met with complete silence and the opinion was not even expressed about it."

He pointed out that "when the government sent the budget to Parliament, the blocs began objecting to the paragraph of the exchange rate in the budget. Before that, we did not witness to any bloc the issuance of a decision of resentment or rejection."

[yota691]

Parliamentary Finance clarifies the fate of the region in the event that it does not adhere to the budget provisions

08:52 - 04/06/2021

 

  

 

Information / private

The Parliamentary Finance Committee clarified the fate of the region in the event that it does not adhere to the provisions and texts of the budget, stressing that any violation issued by the region will be met with a reaction by Baghdad.

A member of the committee, MP Muhammad al-Shabaki, told "the information", that "the paragraph related to the region within the budget obligated the region to settle financial matters related to the debts of the" TBI "bank, as well as pay the revenues of the border crossings, customs and fees resulting from it, in addition to handing over the revenues of 250 thousand barrels of oil. To Baghdad ”.

He added that "the government will be obligated to hand over the salaries of employees to the region," pointing out that "the region, in the event that it does not adhere to the terms of the budget, the government will not be obligated to pay salaries to Kurdistan and will return to Financial Management Law No. 27 of 2017." 25 n

[yota691]

Parliamentary Finance: External borrowing in the 2021 budget will reach two billion dollars

20:58 - 04/05/2021

 

  

Information / follow-up

Today, Monday, the Parliamentary Finance Committee revealed the volume of internal and external borrowing in the 2021 budget.

The head of the Parliamentary Finance Committee, Haitham al-Jubouri, said, in a statement followed by / the information /, that “the total of new borrowing in the 2021 external budget amounts to more than two billion dollars as a ceiling, but as a real borrowing does not exceed 350 million dollars, while the internal debt will not exceed 5 trillion dollars. The central bank when needed. ”

Al-Jubouri indicated that "there is a paragraph in the 2021 budget that includes fixing contractors through the creation of job grades on the condition that they bear the relevant department expenses without burdening the state treasury with financial burdens."

He pointed out that "the current year budget included job grades for the ministries of health, service departments, water and sewage, and the Municipality of Baghdad, and the Federal Service Council will supervise them." 25 n

[yota691]

Parliamentary law comments on the possibility of the Council of Ministers to resolve the crisis of free lecturers

13:52 - 04/06/2021

 

  

The information / Baghdad ..
The Parliamentary Legal Committee confirmed, on Tuesday, the possibility of the Council of Ministers to solve the crisis of free lecturers during today's session, indicating that the budget passed a political deal.
A member of the committee, Hussein Al-Uqabi, said in a statement to / Al-Maalouma / that "the budget passed a political deal and provisions for the political class were set in it for electoral purposes."
"The Council of Ministers has the legal ability to solve the crisis of free lecturers during today's session by issuing a decision through the Ministry of Education to convert lecturers into contracts," Al-Uqabi added.
He explained, "The government has a financial abundance estimated at 4 trillion dinars during the past two months after the rise in global oil prices, which is sufficient to cover the salaries of contracts."

[yota691]

Iraq’s budget for 2021 reaches its final stop

Iraqi President Barham Salih - Archives

 April 6, 2021 09:25 PM

Mubasher: The General Secretariat of the Parliament in Iraq sent, today, Tuesday, the Federal Budget Law for the fiscal year 2021, to the Office of the Presidency of the Republic. 

And the Iraqi News Agency (INA) published a copy of the official book issued by the Parliamentary Department of the General Secretariat of the Council of Representatives, to the Office of the Presidency of the Republic, and it bore the title of authentication.

The department stated that "based on Article 73 of the Constitution, we send to you the Federal Budget Law for the fiscal year 2021, and the affirmative vote on it on 3/31/2021 in the 46th session of the first legislative term / third legislative year / fourth electoral cycle."

The Iraqi Council of Representatives voted last Wednesday to pass the budget for the current year 2021 , after months of deliberations between the committees of representatives and the government that ultimately resulted in the deletion of five articles of the budget law, and the addition of new provisions.

The new items included in the budget included those related to exporting goods, the aviation authority, delay fines, the price of a barrel of oil, printing books, sorting lands, financial transfers, the parliament’s budget, the budget of the Judicial Council, the budget of the Human Rights Commission, selling lands to citizens, terminating positions in the proxy, and voting on a new article concerning missing persons from the regions. As well as voting on a new article regarding the retirement rights of those covered by the amendment of the Unified Pension Law.  

[yota691]

Al-Haddad to Al-Sabah: The budget law will be referred to the Presidency of the Republic

Tuesday 06 April 2021 153

 

Baghdad / Hazem Muhammad Habib 

 

The Second Deputy Speaker of Parliament, Bashir Al-Haddad, revealed to Al-Sabah today, Tuesday, that the House of Representatives referred the 2021 Budget Law to the Presidency of the Republic for approval.

Last Wednesday, the House of Representatives voted by a majority on the General Budget Law for 2021, after difficult labor.

Al-Haddad stressed that approving the budget is an "important step."

[yota691]

Mazhar Muhammad Salih expects a supplementary budget

Wednesday 07 April 2021 43

 

 Baghdad: the pillar of the emirate

The federal budget for 2021 was recently approved after a difficult journey that lasted several months, as its approval was described as positive despite the lack of investment allocations that touched 29 trillion dinars. 

 

Investment projects

The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih, told Al-Sabah: “The new investment projects that have set their annual allocations in the current year’s budget, despite their limitations, constitute one of the basics for moving economic growth in the country, and investment expenditures will involve providing thousands of job opportunities and maximizing Business cycle and assets in the activity of the national market.

He added, "If oil prices continue to recover for a reassuring period of time, additional new investment projects will be approved, and a supplementary budget may be approved if time permits, thus extending to additional investment projects, and it is up to the budget strategy, estimates and financing alternatives." 

Saleh pointed out that, "At the same time, the risks of approving the budget involve two points; The first is that it is a year approaching the legislative elections, and with the absence of a general budget whose expenditures account for nearly 50 percent of the gross domestic product, meaning there is ambiguity in the country's financial planning and the results of an unknown legislative competition that will send strong signals of uncertainty to decision-makers in the private sector.

 

Operational programs

He added that "the delay in approving the budget generates an atmosphere of conservatism in the activity of the private sector, which adds severe lethargic effects on economic growth, and the second point is that the country is deprived of investment activity and important operational programs and their effects on the economic movement and directions of managing the national economy, and the country is in dire need of it to absorb opportunities." Surplus work in the labor market, in light of growing unemployment rates of more than one decimal place and poverty levels, also requires maximizing the spending cycle and moving economic activity that leads to more job opportunities.

[yota691]

Deputy reveals the "scenes" of the meeting to raise the exchange rate of the dollar

Economie

2021-04-06 | 12:25

 

 

11,210 Views

 

 

Today, Tuesday, the MP from the Saeron Alliance, Ghayeb Al-Amiri, revealed the "scenes" of the meeting that resulted in the decision to raise the exchange rate of the dollar against the dinar.

Al-Amiri said in an interview with Al-Sumaria News, “During the stages of the federal budget legislation, some tried, and within the context of electoral auctions and advertisements, to accuse others of supporting the survival of the exchange rate, and we clearly indicated that we are with every decision in the interest of the Iraqi people, but the exchange rate decision within the monetary policy is from The powers of the central bank and financial policy are among the powers of the Ministry of Finance, and Parliament has nothing to do with this matter, "indicating that, after voting on the budget, we wanted to focus on serving the citizen and applying the budget in a manner that achieves the aspirations of the street, but some continued to throw charges in the early electoral propaganda series."

 

 

Al-Amiri added, "As a matter of legal and moral responsibility before the Iraqi people, we will uncover the secrets and scenes of the meeting that was held in the presence of the prime minister, the minister of finance, the governor of the central bank and heads of political forces to discuss the issue of the financial crisis, which resulted in the decision to raise the price of the dollar against the dinar," pointing out that "the proposal was made." It was initially submitted by the prime minister to raise the exchange rate to 1600 dinars against the dollar, not 1450 dinars, but after continuous discussions, it was agreed at that time that the amount would be 1450 dinars. "

[yota691]

Alliance of Forces: a parliamentary move to amend the budget by reducing the price of the dollar

17:47 - 04/06/2021

 

  

Information / private.

The Alliance of Forces announced, on Tuesday, a parliamentary movement and went to hold a special session to conduct an amendment to the budget by lowering the price of the dollar in the coming days.

The deputy of the Forces Alliance, Mirza Hammadi, told "the information" that "the increase in the price of the dollar has greatly harmed the Iraqi citizen, and his features are on the citizen."

He added that "there is a parliamentary movement and went to hold a special session during the coming days, regarding the budget and making an adjustment to the dollar exchange rate in line with the economic situation of the Iraqi individual."

Hammadi explained that "the price of the dollar will be reduced and the proposals put forward are to return it to the previous price, or 130 thousand dinars," noting that "the previous price is the biggest trend for most parliamentarians."

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1 hour ago, yota691 said:

Mazhar Muhammad Salih expects a supplementary budget

Wednesday 07 April 2021 43

 

 Baghdad: the pillar of the emirate

The federal budget for 2021 was recently approved after a difficult journey that lasted several months, as its approval was described as positive despite the lack of investment allocations that touched 29 trillion dinars. 

 

Investment projects

The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih, told Al-Sabah: “The new investment projects that have set their annual allocations in the current year’s budget, despite their limitations, constitute one of the basics for moving economic growth in the country, and investment expenditures will involve providing thousands of job opportunities and maximizing Business cycle and assets in the activity of the national market.

He added, "If oil prices continue to recover for a reassuring period of time, additional new investment projects will be approved, and a supplementary budget may be approved if time permits, thus extending to additional investment projects, and it is up to the budget strategy, estimates and financing alternatives." 

Saleh pointed out that, "At the same time, the risks of approving the budget involve two points; The first is that it is a year approaching the legislative elections, and with the absence of a general budget whose expenditures account for nearly 50 percent of the gross domestic product, meaning there is ambiguity in the country's financial planning and the results of an unknown legislative competition that will send strong signals of uncertainty to decision-makers in the private sector.

 

Operational programs

He added that "the delay in approving the budget generates an atmosphere of conservatism in the activity of the private sector, which adds severe lethargic effects on economic growth, and the second point is that the country is deprived of investment activity and important operational programs and their effects on the economic movement and directions of managing the national economy, and the country is in dire need of it to absorb opportunities." Surplus work in the labor market, in light of growing unemployment rates of more than one decimal place and poverty levels, also requires maximizing the spending cycle and moving economic activity that leads to more job opportunities.

has to be this way.....supplementary budget and new rate

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and if your remember there is a a comittee set up comprising of SA and UAE that will manage this investment and projects.

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1 hour ago, yota691 said:

there is a parliamentary movement and went to hold a special session during the coming days, regarding the budget and making an adjustment to the dollar exchange rate in line with the economic situation of the Iraqi individual."

BOOM!!!!!!!!!!!!!!!!!!!!