Iraq to prepare 2023’s budget law within 20 days

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In case the budget arrives. Disclosure of the possibility of the parliament interrupting its legislative recess

| Policy Today, 19:43 | 

    In case the budget arrives. Revealing the possibility of interrupting the parliament for its legislative recess » Baghdad Today News Agency

 

 

Baghdad Today - Baghdad

The head of the Legal Committee, Mohamed Anouz, explained on Saturday the possibility of the parliament interrupting its legislative recess if the government completes the budget bill and sends it to parliament.

Anoz said in a statement to (Baghdad Today), that "according to the constitution, if the budget law arrives before the legislative recess, the work of parliament can continue until the budget is completed."

"At the moment, parliament will not be able to interrupt its legislative recess in order to legislate the budget law in accordance with the constitution," he added.

 

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Kurdish MP: The government has no excuse not to send the 2023 budget to the House of Representatives

Kurdish MP: The government has no excuse not to send the 2023 budget to the House of Representatives (shafaq.com)

2022-12-11 00:20

 

Kurdish MP Jamal Kojar, a member of the Finance Committee in the Iraqi Council of Representatives, confirmed on Sunday that the Iraqi government has no excuse for not sending the 2023 budget bill.

Koger said in a statement received by Shafaq News Agency; "The government did not send the 2023 budget bill to the House of Representatives."

 

"The new government took the time to prepare the budget bill, in addition to the fact that the government of Mustafa al-Kadhimi prepared the draft law, but the government of Mohammed Shia al-Sudani made some minor changes in the draft," he said.

"If the budget bill is sent during the legislative recess of the Council, the House of Representatives will suspend the recess to discuss and approve it in an extraordinary meeting in accordance with the constitution," the member of the Finance Committee said.

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• Deputy: The government has no excuse for delaying sending the 2023 budget to parliament – Iraq News Network (aliraqnews.com)

Deputy: The government has no excuse for delaying sending the 2023 budget to parliament

Last Updated: 11 December 2022 - 12:55 PM

Baghdad / Iraq News Network - Member of the parliamentary finance MP Jamal Kojar confirmed on Sunday that the Iraqi government has no excuse for not sending the draft budget law 2023.Koger said in a statement that "the government did not send the draft budget law 2023 to the House of Representatives."He added that "the new government took the necessary time to prepare the draft budget law, in addition to that the government of Mustafa Al-Kazemi prepared the draft law, but the government of Muhammad Shia Al-Sudani made some minor changes in the draft." "If the budget bill is sent during the legislative recess of the House, the House of Representatives will suspend the recess for discussion and approval in an extraordinary meeting in accordance with the 

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In numbers. Parliamentary Finance reveals the features of the 2023 budget and expects the date of its approval

•  Time : 2022/12/11 21:01:18
•  
• In numbers. Parliamentary Finance reveals the features of the 2023 budget and expects the date of its approval - Al-Furat News (alforatnews.iq) Reading : 208 times

  

{Economic: Al-Furat News} The Parliamentary Finance Committee expected the approval of the draft fiscal budget law for the year 2023 at the beginning of next year.

Committee member Moeen Al-Kazemi said in a press statement this evening: "The government will present the draft budget law for 2023 in the resumption of parliamentary sessions next month."
"The budget will reach 130-140 trillion dinars, and its discussion will take two months in the House of Representatives because there are opinions of committees and political blocs, and we hope to approve it at the end of February or early March so that ministries and institutions can launch their service projects," he added.
Al-Kazemi stressed "the need to take advantage of the 2022 surplus and the reconstruction fund, which was formed by an Iraqi-Chinese agreement and currently contains 3 billion dinars, which would support investment projects."
He noted that "1/12 will be disbursed until the budget is approved," ruling out that "the operating expenses for the first and second months of the new year will not be affected, and we seriously hope that the House of Representatives will legislate the law next month, and we also hope that the ongoing negotiations between Baghdad and the Kurdistan region will accelerate the adoption of the budget because there are prior agreements."
He stressed that "the government is very keen to provide citizens with 12 rations in 2023," noting that 70% of the budget goes to operational expenses and 30% to investment.
Al-Kazemi explained that "the price of a barrel of oil $ 75 in the budget is unrealistic, and the price of oil must be calculated conservatively with the decline in crude prices and may be $ 65 appropriate."
For his part, a member of the Finance Committee, Jamal Kojar, told Al-Furat News: "We heard that the price of a barrel of oil was adopted between 65 to 75 dollars in the 2023 budget, but the exact figure is not yet clear."
He pointed out that "oil prices have begun to fall globally and we do not know whether this decline is emergency or real? Meaning it was for some reason and will it rise? Or is it real in the sense that prices will stay at this level?"
Raghad Daham
 

 

 

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Parliamentary Finance announces the completion of budget touches and transfers them to the Prime Minister's Office

Posted 7 seconds ago

 

 

Parliamentary Finance announces the completion of budget touches and transferring it to the Prime Minister's Office - Iraq News (iraqakhbar-com.translate.goog)

Political |09:53 – 11/12/2022

 

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Parliamentary law alludes to an "emergency" session to approve the 2023 budget

•  Time : 2022/12/11 17:39:22
•  
• Parliamentary Finance announces the completion of budget touches and transferring it to the Prime Minister's Office - Iraq News (iraqakhbar-com.translate.goog)

  

{Politics: Al-Furat News} Today, Sunday, the Parliamentary Legal Committee hinted at holding an "emergency" session in the event that the federal budget for the fiscal year 2023 reaches the House of Representatives.

 

A member of the committee, Salem Al-Anbaki told Al-Furat News that: "The entry of the House of Representatives into the legislative recess does not mean that its oversight role will stop during the holiday, but there will be continuous follow-ups."
He added that "it was agreed to hold an emergency session if necessary, and there was an agreement between deputies in the event that the budget law reaches parliament during the legislative recess, an emergency session will be held to read the budget first."
On Thursday, the Presidency of the House of Representatives announced the end of the second legislative term / the first legislative year / the fifth electoral cycle.
Thus, the parliament entered recess without receiving the 2023 budget bill from the government.
The Parliamentary Finance Committee predicted the size of the federal fiscal budget for 2023 ranging from 100 to 120 billion dollars, in light of oil prices in the current global markets, and the fiscal deficit will be 7.5 billion dollars.
Prime Minister Mohamed Shia al-Sudani directed in two ministerial meetings this month the need to expedite the completion of the draft budget law for 2023 and send it to the House of Representatives for approval.
Al-Sudani stressed the importance of the budget to be at the level of ambition, and to put in its priorities to meet the needs of citizens for services, as well as to take it upon itself to effectively address the problem of electricity shortage, which has greatly affected the lives of citizens and the economic sectors in the country.

By: Raghad Daham

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Parliamentary Finance announces the completion of the budget touches and transferring them to the Sudanese office

Political |   09:53 - 11/12/2022

 

Parliamentary Finance announces the completion of the budget touches and transferring them to the Sudanese office (mawazin.net)

 

Baghdad – Mawazine News
The Finance Committee announced Today, Sunday, the parliamentarian announced the completion of the final touches of the budget and its transfer to the office The Prime Minister, while recommending taking advantage of the surplus in 2022, indicated the trend to increase Amounts of development of regions.
Committee member Mueen Al-Kazemi said In a television interview and followed by Mawazine News, "the competence of the Ministry of Planning in the budget 2023 is the financial investment committee, while the Ministry of Finance is responsible for the estimates operational", noting that "the final touches of the budget have been completed in the two ministries and Transferring it to the Prime Minister's Office for discussion and transferring it to the Council of Ministers later."
He added that "The budget will be subject to some adjustments," he said, noting that "the holiday The legislature of parliament does not affect it and there will be room to complete it."
He stressed that "The budget will be delivered to the House of Representatives early next year and will total its amounts from 130-140 trillion dinars," pointing out that "the discussion of the budget will take from a month to Two months inside Parliament."
He stressed the need for "Benefiting from the surplus in 2022 in addition to the reconstruction fund formed as a result of Iraqi-Chinese consensus several years ago," expressing his hope for "a resolution budget and early approval."
He indicated that "The operating budget includes the salaries of 4 million employees and social protection which amounting to 5-6 trillion dinars," he said, explaining that "70 percent of the budget will be operational and 30 percent investment."
He stressed the importance of " Benefiting from other aspects, including the reconstruction fund financed by the sale of Iraqi oil to China In which there are currently $ 3 billion," pointing out that "there is a possibility to share China's $10 billion and initiate important projects."
"This The fund would support the investment projects called for by the Prime Minister in the government program," noting that "the price of a barrel of oil in the budget is $ 75 Unrealistic for the possibility of lower oil prices in 2023, the price of a barrel must be Realistically in agreement with the Ministry of Oil."
On the development of the territories, Al-Kazemi explained that "the budget includes an item for the development of the regions, which is expected to be 5 Trillions of dinars are distributed to 15 governorates according to the percentage of population," he said, explaining that "The Commission will work to increase the amount of development of the regions if there is room in the budget With the aim of including the governorates with more projects."

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Parliamentary Finance announces the completion of budget touches and transfers them to the Prime Minister's Office

 

 

The Parliamentary Finance Agency announces the completion of the budget touches and its transfer to the Prime Minister's Office (economy-news.net)

   

 

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Economy News-Baghdad

Today, Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office, and while recommending taking advantage of the surplus in 2022, it pointed to the trend to increase the amounts of development of the regions.

Committee member Moeen Al-Kazemi said in a statement to the official channel, "The competence of the Ministry of Planning in the 2023 budget is the financial investment side, while the Ministry of Finance is responsible for operational estimates," noting that "the final touches of the budget ended in the two ministries and were transferred to the Prime Minister's Office for discussion and transfer to the Council of Ministers later."
He added that "the budget will be subject to some amendments," noting that "the legislative recess of parliament does not affect it and there will be room to complete it."
He stressed that "the budget will be delivered to the House of Representatives early next year and will total amounts of 130-140 trillion dinars," pointing out that "the discussion of the budget will take from one to two months inside the parliament."
He stressed the need to "take advantage of the surplus in 2022 in addition to the reconstruction fund, which was formed as a result of the Iraqi-Chinese consensus several years ago," expressing his hope that "the budget will be resolved and approved early."
He pointed out that "the operating budget includes the salaries of 4 million employees and social protection, which amounts to 5-6 trillion dinars," explaining that "70 percent of the budget will be operational and 30 percent investment."
He stressed "the importance of benefiting from other aspects, including the reconstruction fund funded by the sale of Iraqi oil to China, in which there are currently $ 3 billion," pointing out that "there is a possibility for China's participation of (10) billion dollars and the initiation of important projects."
He stated that "this fund would support the investment projects called for by the Prime Minister in the government program," noting that "the price of a barrel of oil in the budget of $ 75 is unrealistic due to the possibility of a decline in oil prices in 2023, so the price of a barrel must be realistic in agreement with the Ministry of Oil."
Regarding the development of the regions, Al-Kazemi explained that "the budget includes an item for the development of the regions, which is expected to be 5 trillion dinars distributed to 15 governorates according to the population ratio," explaining that "the committee will work to increase the amount of regional development if there is room in the budget in order to include the provinces with more projects."

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Added 2022/12/11 - 10:13 PM

Update 2022/12/11 - 10:24 PM

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Parliamentary Finance: The 2023 budget has ended and turned into the Sudanese office

Economy | Today, 22:28 | 

    

Parliamentary Finance: The 2023 budget has ended and turned into the Sudanese office » Baghdad Today News Agency

+A-A

Baghdad Today - Baghdad

Today, Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office, and while recommending taking advantage of the surplus in 2022, it pointed to the trend to increase the amounts of development of the regions.

Committee member Mueen Al-Kazemi said in a statement to the official channel (Baghdad Today), that "the competence of the Ministry of Planning in the 2023 budget is the investment financial side, while the Ministry of Finance is responsible for operational estimates," noting that "the final touches of the budget ended in the two ministries and were transferred to the Prime Minister's Office for discussion and transfer to the Council of Ministers later."

He added that "the budget will be subject to some amendments," noting that "the legislative recess of parliament does not affect it and there will be room to complete it."

He stressed that "the budget will be delivered to the House of Representatives early next year and will total amounts of 130-140 trillion dinars," pointing out that "the discussion of the budget will take from one to two months inside the parliament."

He stressed the need to "take advantage of the surplus in 2022 in addition to the reconstruction fund, which was formed as a result of the Iraqi-Chinese consensus several years ago," expressing his hope that "the budget will be resolved and approved early."

He pointed out that "the operating budget includes the salaries of 4 million employees and social protection, which amounts to 5-6 trillion dinars," explaining that "70 percent of the budget will be operational and 30 percent investment."

He stressed "the importance of benefiting from other aspects, including the reconstruction fund funded by the sale of Iraqi oil to China, in which there are currently $ 3 billion," pointing out that "there is a possibility for China's participation of (10) billion dollars and the initiation of important projects."

He stated that "this fund would support the investment projects called for by the Prime Minister in the government program," noting that "the price of a barrel of oil in the budget of $ 75 is unrealistic due to the possibility of a decline in oil prices in 2023, so the price of a barrel must be realistic in agreement with the Ministry of Oil."

Regarding the development of the regions, Al-Kazemi explained that "the budget includes an item for the development of the regions, which is expected to be 5 trillion dinars distributed to 15 governorates according to the population ratio," explaining that "the committee will work to increase the amount of regional development if there is room in the budget in order to include the provinces with more projects."

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Parliamentary Finance announces the transfer of the budget to the Prime Minister's Office

 

 

economyParliamentary Finance announces the transfer of the budget to the Prime Minister's Office | Economy | Dijlah Satellite Channel

 - 11-12-2022 10:14 PM - Views: 2483

 

Today, Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office, and while recommending taking advantage of the surplus in 2022, it pointed to the trend to increase the amounts of development of the regions.

 

Committee member Moeen Al-Kazemi said in a statement to state television that "the competence of the Ministry of Planning in the 2023 budget is the financial investment side, while the Ministry of Finance is responsible for operational estimates," noting that "the final touches of the budget ended in the two ministries and were transferred to the Prime Minister's Office for discussion and transfer to the Council of Ministers later."

 

He added that "the budget will be subject to some amendments," noting that "the legislative recess of parliament does not affect it and there will be room to complete it."

 

He stressed that "the budget will be delivered to the House of Representatives early next year and will total amounts of 130-140 trillion dinars," pointing out that "the discussion of the budget will take from one to two months inside the parliament."

 

He stressed the need to "take advantage of the surplus in 2022 in addition to the reconstruction fund, which was formed as a result of the Iraqi-Chinese consensus several years ago," expressing his hope that "the budget will be resolved and approved early."

 

He pointed out that "the operating budget includes the salaries of 4 million employees and social protection, which amounts to 5-6 trillion dinars," explaining that "70 percent of the budget will be operational and 30 percent investment."

 

He stressed "the importance of benefiting from other aspects, including the reconstruction fund funded by the sale of Iraqi oil to China, in which there are currently $ 3 billion," pointing out that "there is a possibility for China's participation of (10) billion dollars and the initiation of important projects."

He stated that "this fund would support the investment projects called for by the Prime Minister in the government program," noting that "the price of a barrel of oil in the budget of $ 75 is unrealistic due to the possibility of a decline in oil prices in 2023, so the price of a barrel must be realistic in agreement with the Ministry of Oil."

 

Regarding the development of the regions, Al-Kazemi explained that "the budget includes an item for the development of the regions, which is expected to be 5 trillion dinars distributed to 15 governorates according to the population ratio," explaining that "the committee will work to increase the amount of regional development if there is room in the budget in order to include the provinces with more projects."

 

 

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l News

 

Parliamentary Finance Worried About 'Barrel of Oil' Price in 2023 Budget

2022.12.11 - 23:32

Parliamentary Finance Worried About 'Barrel of Oil' Price in 2023 Budget (nasnews.com)

 

  

Baghdad - Nas  

The Parliamentary Finance Committee on Sunday expressed concern about the pricing of the "barrel of oil", which is intended to be adopted in Iraq's budget for 2023.  

  

    

Committee member Moeen Al-Kazemi said during his hosting on one of the official channel's bulletins, followed by "NAS" (December 11, 2022), that "there is talk about calculating a barrel of oil in the budget at about $ 75 per barrel of oil, and this is unrealistic because there are odds of falling oil prices, and it is important that the price of a barrel is calculated at $ 65."  

  

He added that "the budget will amount to 140 trillion dinars, and its discussion needs about a month or two, and we hope to vote on it by the House of Representatives, early in the third month."  

  

Al-Kazemi also affirmed, "the completion of the final touches of the budget and its transfer to the Prime Minister's Office," pointing out that "the committee recommended taking advantage of the surplus in 2022, and moving to increase the amounts of development of the regions."  

  

He pointed out that "the competence of the Ministry of Planning in the 2023 budget is the financial investment committee, while the Ministry of Finance is responsible for operational estimates," noting that "the final touches of the budget ended in the two ministries and were transferred to the Prime Minister's Office for discussion and transfer to the Council of Ministers later."  

  

He added that "the budget will be subject to some amendments," noting that "the legislative recess of parliament does not affect it and there will be room to complete it."  

 

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Iraq reveals expected oil price in 2023 budget

• Amr Salem
•  December 11, 2022
• Iraq reveals expected oil price in 2023 budget - Iraqi News
•  2 min

An oil field in Iraq. Photo: AFP

Baghdad (IraqiNews.com) – The Iraqi Ministry of Planning revealed on Saturday the expected price of a barrel of oil in the 2023 budget, according to the Iraqi News Agency (INA).

The Undersecretary of the Ministry of Planning, Maher Hammad Johan, explained that more than one price per barrel of oil has been set in the 2023 budget, in agreement between the ministries of oil, finance, planning and the Central Bank of Iraq (CBI). The price that was set starts from 65 USD up to 75 USD, INA mentioned.

Johan elaborated that it is not right to set a fixed price for oil in the country’s budget, particularly with taking into consideration many variables.

“This price will remain variable until the budget is ratified by the cabinet or the Parliament, which is an important decision because we cannot present the budget with a large deficit,” Johan added.

Iraq announced on Friday that the oil production capacity from oilfields in Maysan governorate reached 300 thousand barrels per day.

The Ministry of Oil mentioned in a statement that this achievement is an important addition, especially as it comes in light of exceptional circumstances, economic and health challenges, and many crises facing oil production in the world.

The ministry also clarified that it is interested in investing in associated gas with an average ranging between 250-300 million standard cubic feet per day.

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3 hours ago, 6ly410 said:

Economic: Al-Furat News} The Parliamentary Finance Committee expected the approval of the draft fiscal budget law for the year 2023 at the beginning of next year.

Hoping for significance rate change in Jan? Or any change! When they launch new settlement system 

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Al-Sudanese advisor reveals to "Al-Maalouma" the most prominent developments in the financial budget

• Today 16:05
• explaining the reasons for its delay. Al-Sudani advisor reveals to "Al-Maalouma" the most prominent developments in the financial budget| Information (almaalomah-me.translate.goog)

Information/ Private.

The Financial Advisor to the Prime Minister, Mazhar Mohamed Saleh, revealed on Monday the most prominent developments in the financial budget law, while stressing that the delay in submitting the budget due to the delay in forming the government.

Saleh said in an interview with Al-Maalouma Agency that "there are no risks to the payment of salaries, wages and government pensions due to the delay in the issuance of the Federal General Budget Law," noting that "the Federal Financial Management Law in force No. 6 of 2019, as amended, provides sufficient legal cover to continue spending in the event of entering a new fiscal year without approving a general budget law.”

He added, “Article 13/First in the law above granted the Minister of Finance to issue the necessary instructions to spend at a rate of 1/12 or less of the total actual expenditures for current or continuous expenditures for the previous fiscal year, in the event that approval of the budget is delayed after December 31 and the disbursement takes place. On a monthly basis until the budget law is passed in the House of Representatives.

Regarding the government's most prominent developments, the financial advisor explained, "There is a specialized committee headed by the Minister of Finance that is working hard to present the draft budget law for the year 2023 as soon as possible."

And Saleh stated, "The delay in submitting the budget from the Council of Ministers to the House of Representatives came due to the delay in forming the current government and its approval of a new ministerial curriculum and development principles that take priorities, which requires a longer time to prepare and submit the 2023 budget."

Earlier, the Ministry of Planning confirmed that "Prime Minister Mohamed Shia Al-Sudani tasked the Ministries of Planning and Finance to quickly prepare the general budget for 2023 and submit it within appropriate periods of time to the House of Representatives in order to proceed with the procedures for its approval.

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• The delegation of the region discusses its share of the 2023 budget with the Minister of Finance – Iraq News Network (aliraqnews.com)

The region's delegation discusses its share of the 2023 budget with the Minister of Finance

Last Updated: December 12, 2022 - 2:13 PM

Baghdad / Iraq News Network - The Kurdistan Regional Government announced today, Monday, the discussion of its share in the draft federal budget law for the year 2023 with the Ministry of Finance in Baghdad.A statement by the regional government stated that "the delegation of the Kurdistan Regional Government met with the Minister of Finance in the Iraqi Federal Government, Tayef Sami."He added, "The meeting discussed the share of the Kurdistan region in the draft budget law for the year 2023 and stressed the continuity of the work of the technical committee between the two sides in this regard." This is the second time that a high-level delegation from the Kurdistan Regional Government visited Baghdad, after the formation of the government headed by Muhammad Shia al-Sudani to discuss the budget, Article 140 and other outstanding issues between Kurdistan Regional Government and Federal Government.

 

 

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The Ministerial Council of Economy hosts a Kurdish delegation and discusses the paragraphs related to the region in the budget

The Ministerial Council of Economy hosts a Kurdish delegation and discusses the paragraphs related to the region in the budget (mawazin.net)

Political |   06:49 - 12/12/2022

 

Baghdad - Mawazine News
discussed the Ministerial Council of Economy, Monday, the paragraphs that concern the Kurdistan region in next year's budget bill.
A statement by the Deputy Prime Minister's Office said Foreign Minister Fouad Hussein received a copy of Mawazine News that "the latter chaired the meeting Fourth Ministerial Council of Economy, in the presence of Deputy Prime Minister and Minister of Planning and ministers of Finance, Commerce, Industry, Agriculture, Labor and Social Affairs, Secretary General of the Council of Ministers and Governor of the Bank The Central Bank of Iraq and the Prime Minister's advisers for economic and legal affairs."
He added, "The Council hosted a delegation From the Kurdistan region, which included the Minister of Finance and Economy, the Minister of Natural Resources and the Chief of Staff Oversight and the head of the presidential office and the representative of the Kurdistan region in Baghdad and a number of advisors and general managers."
Deputy Prime Minister welcomed the delegation The guest pointed out "the importance of sitting at the table of discussions in order to solve all economic issues. This meeting began to discuss the draft federal budget law."
The Minister of Finance gave an explanation of the most important The paragraphs of the draft law and what was included in the draft, noting "the importance of agreeing on the paragraphs which concerns the Kurdistan region."
In turn, the Deputy Prime Minister noted, The Minister of Planning, to "direct the government and the Prime Minister in order to solve all problems Stuck between Baghdad and Erbil as included in the government curriculum for it, adding to the formation of three Important joint committees concerned with a joint discussion of the State Budget Law The second is the oil and gas law and joint obligations in this field, and the third is concerned with the work of border crossings and what is related to them."
For his part, the Minister of Finance And the economy to the determination of the regional government to zero all outstanding and thorny issues.
At the end of the hosting and after discussions Constructive and purposeful, Fouad Hussein pointed to the existence of common ground and the national desire to solve all Outstanding topics in dialogue and discussion, according to the statement.
The Council discussed the topics The economic program on its agenda and took the necessary decisions thereon.End29/h

 

 

 

 

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Parliamentarian calls for the inclusion of the devaluation of the dollar exchange rate in the next urgent budget

Posted 31 seconds ago

 

A parliamentarian calls for the inclusion of a reduction in the dollar exchange rate in the next budget (iraqakhbar-com.translate.goog)

 

news source /Baghdad today

News source / Baghdad today

 

Baghdad today - Baghdad

Today, Monday, a member of Parliament, Bahaa Nuri, called for the inclusion of a reduction in the dollar exchange rate in the 2023 budget.

Nuri said, in a statement received by (Baghdad Today): “We called on the government to include a reduction in the exchange rate in the 2023 budget, and that it be gradual so that neither the citizen nor the merchant nor the government will be harmed.”

And between: “Reducing the authority of the House of Representatives if it was before the vote, but after the vote it falls out of its powers.”

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Parliamentary Finance reveals the region's share in the 2023 budget

•  Time : 2022/12/12 16:41:15
•  
• Parliamentary Finance reveals the region's share in the 2023 budget - Al-Furat News (alforatnews.iq)

  

Today, Monday, the Parliamentary Finance Committee revealed the share of the Kurdistan region in the federal budget for the fiscal year 2023.

 

A member of the committee, Jamal Kojar told Al-Furat News that: "The region demanded a lot that its share of the budget be 17%, and that talking about 14% is the percentage of the region's population, according to a book by the Ministry of Planning."
He pointed out that "dealing with the region's share will be like previous years in that the share is granted according to the delivery of exports."
"But otherwise no money is paid to the Kurdistan region," Koger said.
The parliamentary finance committee expected to approve the draft fiscal budget law for 2023 at the beginning of next year.
Committee member Moeen Al-Kazemi said in a press statement that the government will present the draft 2023 budget law in the resumption of parliamentary sessions next month, which amount to 130-140 trillion dinars, and discuss it for two months in the House of Representatives due to the opinions of committees and political blocs.
Al-Kazemi promised that the price of a barrel of oil $ 75 in the budget is "unrealistic" and that the price of oil must be calculated conservatively with the decline in crude prices and may be $ 65 appropriate.

By: Raghad Daham

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Baghdad and Erbil discuss the budget and stress the end of outstanding issues

Posted 58 seconds ago

Baghdad and Erbil discuss the budget and stress the end of outstanding issues - Iraq News (iraqakhbar-com.translate.goog)

news source /Sumerian Channel

The ministry stated, in a statement received by Alsumaria News, that “Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein presided today, the fourth meeting of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister and Minister of Planning and the Ministers of Finance, Trade, Industry, Agriculture, Labor and Social Affairs, and the Secretary General of the Council. Ministers, the Governor of the Central Bank of Iraq, and the Prime Minister’s advisors for economic and legal affairs.”

 

The council hosted, according to the statement, “a delegation from the Kurdistan region that included the Minister of Finance and Economy, the Minister of Natural Resources, the President of the Oversight Bureau, the President of the Presidential Office, the representative of the Kurdistan Region in Baghdad and a number of advisors and general managers.”

Hussein pointed out, “The importance of sitting at the discussion table in order to resolve all outstanding economic issues, and this meeting began to discuss the draft federal budget law.”

The Minister of Finance, Taif Sami, gave an “explanation of the most important paragraphs of the draft law and what the draft contained, noting the importance of agreeing on the paragraphs pertaining to the Kurdistan region.”

In turn, the Minister of Planning pointed out to “the direction of the government and the prime minister in order to resolve all outstanding problems between Baghdad and Erbil as included in the government curriculum for it, noting the formation of three important joint committees. field, and the third is concerned with the work of border crossings and what is related to them.

For his part, the Minister of Finance and Economy in the regional government affirmed "his government's determination to clear all outstanding and thorny issues."

At the conclusion of the hosting, and after a series of discussions, the Minister of Foreign Affairs affirmed “the existence of common ground and the national desire to resolve all outstanding issues through dialogue.”

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Sudani's financial advisor reveals the latest developments in the 2023 budget file

Posted 41 seconds ago

 

Al-Sudani's financial advisor reveals the latest developments in the 2023 budget file (iraqakhbar-com.translate.goog)

 

News Source /Iraq Today Agency

News Source /

 

Baghdad - Iraq Today:

The Financial Advisor to the Prime Minister, Mazhar Mohamed Saleh, revealed on Monday the most prominent developments in the financial budget law, while stressing that the delay in submitting the budget due to the delay in forming the government.

Saleh said in a press interview that "there are no risks to the payment of salaries, wages and government pensions due to the delay in the issuance of the Federal General Budget Law," noting that "the Federal Financial Management Law in force No. 6 of 2019, as amended, provides sufficient legal cover to continue spending in the event of entering a new fiscal year without approving a general budget law.

He added, “Article 13/First in the law above granted the Minister of Finance to issue the necessary instructions to spend at a rate of 1/12 or less of the total actual expenditures for current or continuous expenditures for the previous fiscal year, in the event that the budget approval is delayed after December 31 and the disbursement takes place. On a monthly basis until the budget law is passed in the House of Representatives.

Regarding the government's most prominent developments, the financial advisor explained, "There is a specialized committee headed by the Minister of Finance that is working hard to present the draft budget law for the year 2023 as soon as possible."

And Saleh stated, “The delay in submitting the budget from the Council of Ministers to the House of Representatives came due to the delay in forming the current government and its approval of a new ministerial curriculum and development principles that take priorities, which requires a longer time to prepare and present the 2023 budget.”

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The Ministerial Council of Economy hosts a Kurdish delegation and discusses the paragraphs related to the region in the budget

Political |   06:49 - 12/12/2022The Ministerial Council of Economy hosts a Kurdish delegation and discusses the paragraphs related to the region in the budget (mawazin.net)

 

Baghdad - Mawazine News
discussed the Ministerial Council of Economy, Monday, the paragraphs that concern the Kurdistan region in next year's budget bill.
A statement by the Deputy Prime Minister's Office said Foreign Minister Fouad Hussein received a copy of Mawazine News that "the latter chaired the meeting Fourth Ministerial Council of Economy, in the presence of Deputy Prime Minister and Minister of Planning and ministers of Finance, Commerce, Industry, Agriculture, Labor and Social Affairs, Secretary General of the Council of Ministers and Governor of the Bank The Central Bank of Iraq and the Prime Minister's advisers for economic and legal affairs."
He added, "The Council hosted a delegation From the Kurdistan region, which included the Minister of Finance and Economy, the Minister of Natural Resources and the Chief of Staff Oversight and the head of the presidential office and the representative of the Kurdistan region in Baghdad and a number of advisors and general managers."
Deputy Prime Minister welcomed the delegation The guest pointed out "the importance of sitting at the table of discussions in order to solve all economic issues. This meeting began to discuss the draft federal budget law."
The Minister of Finance gave an explanation of the most important The paragraphs of the draft law and what was included in the draft, noting "the importance of agreeing on the paragraphs which concerns the Kurdistan region."
In turn, the Deputy Prime Minister noted, The Minister of Planning, to "direct the government and the Prime Minister in order to solve all problems Stuck between Baghdad and Erbil as included in the government curriculum for it, adding to the formation of three Important joint committees concerned with a joint discussion of the State Budget Law The second is the oil and gas law and joint obligations in this field, and the third is concerned with the work of border crossings and what is related to them."
For his part, the Minister of Finance And the economy to the determination of the regional government to zero all outstanding and thorny issues.
At the end of the hosting and after discussions Constructive and purposeful, Fouad Hussein pointed to the existence of common ground and the national desire to solve all Outstanding topics in dialogue and discussion, according to the statement.
The Council discussed the topics The economic program on its agenda and took the necessary decisions thereon.End29/h

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Baghdad And Erbil Hold Talks To Resolve All Outstanding Problems

12/12/2022

Baghdad and Erbil hold talks to resolve all outstanding problems - Earth News (earthiq.news)

  

Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein chaired, on Monday, the fourth meeting of the Ministerial Council of Economy, in the presence of the Deputy Prime Minister and Minister of Planning and the Ministers of Finance, Trade, Industry, Agriculture, Labor and Social Affairs, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq and the Prime Minister's advisors for economic and legal affairs.
"The Council also hosted a delegation from the Kurdistan Region that included the Minister of Finance and Economy, the Minister of Natural Resources, the President of the Audit Office, the Head of the Presidential Office, the representative of the Kurdistan Region in Baghdad and a number of advisors and general managers," said a statement by the Ministry of Foreign Affairs received by Earth News.
The Deputy Prime Minister welcomed the "guest delegation", noting "the importance of sitting at the table of discussions in order to resolve all outstanding economic issues, and began this meeting to discuss the draft federal budget law."
The Minister of Finance gave "an explanation of the most important paragraphs of the draft law and what was included in the draft," noting "the importance of agreeing on the paragraphs related to the Kurdistan Region."
In turn, the Deputy Prime Minister and Minister of Planning pointed to the government's and the Prime Minister's approach "to solve all outstanding problems between Baghdad and Erbil as included in the government curriculum," adding that "the formation of three important joint committees, the first concerned with a joint discussion of the state budget law, the second concerned with the oil and gas law and joint obligations in this field, and the third concerned with the work of border crossings and related matters."

For his part, the Minister of Finance and Economy in the regional government stressed "his government's determination to zero all outstanding and thorny issues."
At the end of the hosting and after constructive and meaningful discussions, Fouad Hussein pointed to "the existence of common ground and the national desire to resolve all outstanding issues through dialogue."

<img width="166" height="54" src="https://earthiq.new

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Kurdish intransigence increases the budget complex and the south is waiting for recovery

• Today 19:54
• Kurdish intransigence increases the budget complex and the south is waiting for recovery | Information (almaalomah-me.translate.goog)

Information / Baghdad.

There are many reasons that prevented its approval in the previous period, but the most prominent of them is solving the outstanding problems between the Kurdistan region and the central government.

Among all these problems, the most prominent of which is the completion of the adoption of the oil and gas law, which in turn will control the Baghdad government over the export of oil and the receipt of its revenues, as well as the demand of the region to increase its share of the general budget, especially since the Kurdish delegation demanded that the region's percentage of the budget range from 14% to 17%, amid assurances from Baghdad that the region's share will remain the same as 12%.

*Revenues of the Region

And speaking of the delay in approving the general budget and the obstacles that he stopped towards sending it to the House of Representatives, the leader of the State of Law coalition, Ibrahim al-Sukaini, says in an interview with Al-Maalouma that “one of the reasons for not completing the general budget is the government’s endeavor to impose its control over all the country’s imports, ” stressing that “ The new government is conducting discussions and understandings with the leaders of the region in order to regulate the export of oil and make it within the framework of the law.

And he added, "The region has duties that it must adhere to in accordance with the provisions of the Iraqi law and constitution, and it must be implemented by all parties."

"The new government will work to end the export of oil outside the framework of the state in order to start completing all paragraphs of the general budget to be approved inside the dome of parliament," he said.

*Region share

In addition, Member of Parliament Ali Turki confirms, in an interview with Al-Maalouma, that "the recent alliances that took place during the movement to form the new government took place according to the legal ceiling," adding that "they will not affect increasing or decreasing this share for the Kurdish component."

He notes, "The percentage that the Kurdish component takes now was calculated through the population census, and it will not be modified unless a second census is conducted in the coming years."

And he explains, "What is rumored about increasing the percentage of the Kurdish component of the budget is incorrect and just rumors," noting that "the recent alliances took place in order to form the government, and matters that were not useful in completing the formation of the new government were not addressed."

* Draining of the southern governorates

Meanwhile, MP for the Fatah Alliance, Suhaila Al-Sultani, said in a previous interview with Al-Maalouma that "the region is falling into a share of 17% of the central committees, and this is a drain on the central and southern governorates , whose production constitutes more than 90% of Iraq's oil exports.

In view of all the obstacles that prevented the general budget from reaching the parliament for a vote inside the parliament, the Kurdistan region is only thinking of increasing its share of the general budget, even if it is at the expense of many segments of Iraqi society , according to observers. Finished/25J

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The Ministerial Council for the Economy: There is common ground and a desire to solve problems between Baghdad and Erbil

Today 19:08

Ministerial Council of Economy: There is common ground and desire to solve problems between Baghdad and Erbil| Information (almaalomah-me.translate.goog)

Information / Baghdad..

The Ministerial Council for Economy affirmed, on Monday, that the current situation witnesses the existence of a national desire and a common space in order to clear the outstanding differences between Baghdad and Erbil.

A statement from the office of Foreign Minister Fouad Hussein, received by /the information/, stated that "Deputy Prime Minister, Minister Fouad Hussein, chaired the fourth meeting of the Ministerial Council for Economy, discussed the draft federal budget law and the economic issues on its agenda and took the necessary decisions in this regard."

Hussein stressed, "the importance of sitting at the discussion table in order to resolve all outstanding economic issues," noting that "the government and the prime minister are working to solve all outstanding problems between Baghdad and Erbil, as included in the government's platform."

He pointed out to "the existence of common ground and the national desire to resolve all outstanding issues through dialogue."

He pointed to "the formation of three important joint committees, the first concerned with a joint discussion of the state's general budget law, the second concerned with the oil and gas law and joint obligations in this field, and the third concerned with the work of border crossings and related matters."

The meeting was attended by "Deputy Prime Minister, Minister of Planning, Ministers of Finance, Trade, Industry, Agriculture, Labor and Social Affairs, Secretary General of the Council of Ministers, Governor of the Central Bank of Iraq and the Prime Minister's advisors for economic and legal affairs."

The Council also hosted "a delegation from the Kurdistan Region that included the Minister of Finance and Economy, the Minister of Natural Resources, the President of the Audit Office, the President of the Presidential Office, the representative of the Kurdistan Region in Baghdad and a number of advisors and general managers."

The Minister of Finance gave "an explanation of the most important paragraphs of the draft law and what was included in the draft," noting "the importance of agreeing on the paragraphs related to the Kurdistan Region."

For his part, the Minister of Finance and Economy in the regional government stressed "his government's determination to zero all outstanding and thorny issues." Finished/25hr