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The Central Bank {stops} the collapse of the dinar, and new amendments await the budget


yota691
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Sudani announces significant progress in completing draft budget

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Prime Minister Mohamed Shia al-Sudani announced on Monday that there is significant progress in completing the draft budget law.

 

"There is great progress in completing the draft federal budget law and it is about to be presented to the House of Representatives for a vote," al-Sudani said during the meeting of the State Administration Coalition.

 

The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed on Monday that the draft general budget law will reach the House of Representatives early next week.

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After contacting the Minister of Finance.. Al-Mandalawi: The budget law will reach parliament early next week

 
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2023-02-20 09:21
 

 

Shafaq News/ First Deputy Speaker of the Parliament, Mohsen Al-Mandalawi, announced today, Monday, that the general budget bill will reach Parliament early next week, while stressing the importance of discussing it to support the poor classes and segments, employees and the food basket.

 

Al-Mandalawi's media office said in a statement received by Shafaq News agency, "First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, confirmed that the draft general budget law will reach Parliament early next week, after a phone call he made with Finance Minister Taif Sami."

 

Al-Mandalawi stressed "the importance of the budget bill arriving soon to the parliament and starting to discuss its items and make the necessary amendments to it by the Finance Committee, in a way that guarantees the proper application of the government curriculum, especially supporting the poor classes and segments and ensuring the continuity of providing basic materials through the food basket, as well as securing salaries." Staff and financial allocations required for new appointments.

 

And the deputy of the Kurdistan Democratic Party parliamentary bloc, Vian Dakhil, revealed today, Monday, the presence of a delegation from the region in Baghdad to discuss Kurdistan’s share of the budget and the oil and gas law, while she indicated that what actually reaches the region does not exceed 5% of its share specified in the budget.

 

Yesterday, Sunday, the representative of the State of Law bloc, Muhammad Al-Shammari, was subject to the approval of the draft budget law for the current year by resolving the differences and outstanding issues between Erbil and Baghdad, while a delegation from the Kurdistan Regional Government visited last week the capital, Baghdad, and engaged in a round of dialogues with the ministries of finance, planning and oil, to return today. Once again, to resume discussions about the region's share of the budget, in addition to working on enacting the oil and gas law and other issues.

 

It is noteworthy that the financial budget for the past year 2022 was not approved by the Council of Ministers and the House of Representatives due to the turmoil that Iraq witnessed after the early elections in October 2021, which escalated to dangerous levels that ended with the events of the Green Zone, with armed confrontations between supporters of the Sadrist movement and the security forces, which claimed lives. Dozens and hundreds injured.

 

After the end of the crisis, with the agreement of the political blocs to elect the President of the Republic and to grant confidence to the government of Prime Minister Muhammad Shia’a al-Sudani, the latter pledged that he would present the draft federal budget law for the year 2023 as soon as possible.

https://shafaq.com/ar/سیاسة/بعد-الاتصال-بوزيرة-المالية-المندلاوي-قانون-الموازنة-سيصل-البرلمان-مطلع-ال-سبوع-المقبل

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2 hours ago, 6ly410 said:

"significant progress in completing the draft federal budget law and the imminent submission to the House of Representatives for a vote."

In the same context, the coalition stressed "the importance of approving important laws related to facilitating the work of the government in order to achieve the welfare and interest of citizens."

oil law has to be one of these laws.....social security and welfare already approved awaiting activation in budget

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2 hours ago, 6ly410 said:

The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed on Monday that the draft general budget law will reach the House of Representatives early next week.

soon=imminent-within days = pfft 🤣

Edited by screwball
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Parliamentary Finance confirms its readiness to receive the budget and stresses the inclusion of those whose contracts have been terminated
  
{Economic: Al Furat News} A member of the Parliamentary Finance Committee confirmed the committee's readiness to receive the draft financial budget law for the year 2023.

Moein Al-Kadhimi told {Euphrates News} agency, that: "The committee is ready to receive the budget and start studying it."


He added, "With regard to those whose contracts have been terminated, the draft budget has not reached us yet, and it is known that 30,000 job grades have been allocated to the people whose contracts have been terminated from the popular crowd, and there are other grades for the army, police, and all types of security."


Al-Kazemi called for "the need to implement decisions accurately, and not to circumvent them and implement them in a mood."


And the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandoulay, announced yesterday that the House of Representatives will receive the draft budget for 2023 next week.

 

Raghad Daham

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The first  2023/02/20
...
 

 

  Baghdad: morning

  

The Parliamentary Finance Committee attributed the budget’s delay in the government’s discussion table to the change in the exchange rate of the dollar, proposing to form a joint committee of its members and specialists from the Ministry of Finance to bridge views on the budget.

 

The head of the Finance Committee, Atwan Al-Atwani, said: “The budget is still under study by the government, and it is certain that a re-evaluation of it will be carried out in light of the reduction in the dollar exchange rate.”

 

Al-Atwani added in an interview with "Al-Sabah" that "the exchange rate was set by the government at 1300, and therefore there will be a re-review after the funding gap," pointing to "the growth of the budget deficit whenever the exchange rate decreases, so the government is working today to set an acceptable deficit ratio that can be dealt with." ".

 

He explained that "changing the exchange rate forced the government to work to control and bridge the financing gap, in a budget that will witness lower expenditures by 200 trillion dinars."

 

A member of the Finance Committee, Nermin Maarouf, said: “New visits by the region’s delegation to Baghdad complement previous visits to negotiate the region’s share and dues in the 2023 budget and end outstanding disputes, especially with regard to the thorny oil and gas file after the Federal Court’s decisions that the oil and gas law is unconstitutional for the regional government. As well as its decision to illegally send 200 billion dinars to the region.

 

In her interview with Al-Sabah, Maarouf stated, "We hope, through the ongoing negotiations, that the two parties will reach serious solutions and long-term strategic agreements to end these differences," suggesting "forming a joint committee to discuss the budget between the Finance Committee and the Ministry of Finance in order to expedite its legislation," pointing to That "during the next few weeks, the budget will reach Parliament."

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Iraq's 2023 budget includes full salaries for one million new employees

 

economy |Today, 16:58 |

    
1676987881_0144.jpg
 
 

 

Baghdad today-Baghdad

Today, Tuesday, the Parliamentary Finance Committee confirmed the inclusion of salaries for nearly a million contract holders, lecturers, and wages in the 2023 budget.

A member of the Parliamentary Finance Committee, Muhammad Nuri, told "Baghdad Today", that "the 2023 budget bill was complete, but during the last few years a decision was taken to reduce the exchange rate of the dollar, and for this reason many paragraphs of the budget had to be amended, especially the previously prepared budget." On 1470 as the exchange rate of the dollar, and currently it is set at 1300.”

Nuri added, "A very large number of contract holders, daily wages, and lecturers have been fixed on permanent staffing, and there is a special paragraph for them that will be in the draft budget law for the year 2023. There are more (one million) of these people who have been transferred to permanent staffing, according to full and high salaries, according to their testimony." .

Yesterday, Monday, the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed that the draft general budget law will reach the House of Representatives early next week, and this came after a phone call he made with the Minister of Finance, Taif Sami. 

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9 minutes ago, yota691 said:

Iraq's 2023 budget includes full salaries for one million new employees

 

economy |Today, 16:58 |

    
1676987881_0144.jpg
 
 

 

Baghdad today-Baghdad

Today, Tuesday, the Parliamentary Finance Committee confirmed the inclusion of salaries for nearly a million contract holders, lecturers, and wages in the 2023 budget.

A member of the Parliamentary Finance Committee, Muhammad Nuri, told "Baghdad Today", that "the 2023 budget bill was complete, but during the last few years a decision was taken to reduce the exchange rate of the dollar, and for this reason many paragraphs of the budget had to be amended, especially the previously prepared budget." On 1470 as the exchange rate of the dollar, and currently it is set at 1300.”

Nuri added, "A very large number of contract holders, daily wages, and lecturers have been fixed on permanent staffing, and there is a special paragraph for them that will be in the draft budget law for the year 2023. There are more (one million) of these people who have been transferred to permanent staffing, according to full and high salaries, according to their testimony." .

Yesterday, Monday, the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed that the draft general budget law will reach the House of Representatives early next week, and this came after a phone call he made with the Minister of Finance, Taif Sami. 

So..... it was coming to parliament .. THIS WEEK and now we are at next week. ? another delay. waiting for HCL to catch up. Delay until at least the 1st week in march.  IMO

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