With the documents.. Al-Mandalawi refers the draft budget law to the Parliamentary Finance

[yota691]

After a long wait.. The Council of Ministers sends the current year's budget to Parliament

Sumerian special

2023-03-14 | 14:00

 

 

 

 

 

Source:

Sumerian

 

80 views

After a long wait, the Council of Ministers sends the budget for the current year to Parliament, and citizens aspire that this budget will be different from its predecessors in the implementation of service projects.

Described as huge and explosive, the budget of two thousand and twenty-three amounted to about two hundred trillion dinars, with a budget exceeding sixty trillion dinars. The share of the region was twelve points nine, which was devoted to implementing the government program and supporting lagging projects.

 

 

 

This budget comes for three years, with the possibility of amending its paragraphs in the future by the legislative house, which was described by specialists as the best and most balanced for the coming period.

[steveh12]

Thank You Master Yota!!   🙂

[yota691]

Nassif calls for removing the name of the companies from the budget law

 

Reconstruction and building
   

Economy News-Baghdad
Representative Alia Nassif demanded, on Wednesday, the executive and legislative authorities to remove the name of GE and Siemens and the rest of the companies from the Federal General Budget Law to avoid killing the spirit of competition between companies. 

 

Nassif said, in a statement received by "Al-Iqtisad News", that "we have already issued many statements and statements in which we demanded that the names of the companies executing projects not be specified in the budget and that sums of money be not allocated to them in the budget because these contracts must be an investment and not within the operational budget, i.e. Funds must be allocated to a specific sector, then the concerned ministry contracts with companies as a matter of competition, not monopoly, and as a result of our statements and continuous claims, we succeeded in breaking the monopoly, and an article in this regard was installed in the 2021 budget.

And she added, "There are official authorities that also warned of the dangers of monopoly, as official books were sent by the former Minister of Planning, Khaled Battal Al-Najm, and the Chairman of the Oil and Energy Committee, Haibat Al-Halbousi, in this regard as well."

 

And she emphasized "the need to remove the names of all companies from the budget, not to repeat the mistakes of previous years, to end the monopoly of contracts in all sectors, and to open the door for competition between companies."

 

---

Views 108

Added 03/15/2023 - 10:33 AM

[6ly410]

 

Parliament announces receipt of budget bill

2023.03.17 - 12:26

Parliament announces receipt of budget bill (nasnews.com)

 

  

Baghdad - Nas  

The House of Representatives announced on Friday that it had received the budget bill.  

   

  

Deputy Speaker of the House of Representatives Shakhwan Abdullah said in a statement received by NAS (March 17, 2023), that "the draft federal budget law arrived in the House last night."  

  

Earlier on Friday, government spokesman Bassem al-Awadi announced that the budget bill had been handed over to the House of Representatives.  

  

Al-Awadi said in a statement received by NAS (March 17, 2023), that "in implementation of the provisions of the constitution and the Federal Financial Management Law, the draft federal budget law of the Republic of Iraq for the fiscal years 2023, 2024, 2025 was officially handed over to the House of Representatives."   

  

He added that "the draft budget law, with its new articles and paragraphs that were adopted for the first time, is capable of facilitating the implementation of projects, plans and executive and development programs, and providing infrastructure and services to citizens."   

[6ly410]

Urgent The government delivers the three-year budget to parliament

•  Time : 2023/03/17 11:42:18
•  
• The government delivers the three-year budget to parliament - Al-Furat News (alforatnews.iq)

  

{Economic: Al-Furat News} The government spokesman for Al-Awadi announced the delivery of the financial budgets for the years 2023, 2024 and 2025 to the House of Representatives.

Al-Awadi said in a statement received by Al-Furat News a copy of it, that "in implementation of the provisions of the constitution and the Federal Financial Management Law, the draft federal budget law of the Republic of Iraq for the fiscal years 2023, 2024, 2025 was officially delivered to the House of Representatives."

He stressed that "the draft budget law, with its new articles and paragraphs that were adopted for the first time, is capable of facilitating the implementation of projects, plans and executive and development programs, and providing infrastructure and services to citizens."

 

[DWS112]

Officially.. Handing over the draft budget law to the House of Representatives

March 17, 2023

The Iraqi government spokesman, Basem Al-Awadi, announced today, Friday, that the Iraqi Council of Representatives had received the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024, and 2025.

Al-Awadi said, in a statement received by Alsumaria News, that "in implementation of the provisions of the constitution and the Federal Financial Management Law, yesterday evening, Thursday, the draft federal budget law of the Republic of Iraq for the fiscal years 2023, 2024, and 2025 was officially handed over to the House of Representatives."

He stressed that "the draft budget law, with its new articles and paragraphs that were approved for the first time, is capable of facilitating the implementation of executive and development projects, plans and programs, and providing infrastructure and services for citizens."

 
The House of Representatives announced, today, Friday, that it had received the draft budget law. 

Deputy Speaker of the House of Representatives, Shakhwan Abdullah, said in a statement received by Alsumaria News, "The draft federal budget law reached the parliament last night."

Edited March 17 by DWS112

[md11fr8dawg]

4 minutes ago, DWS112 said:

The House of Representatives announced, today, Friday, that it had received the draft budget law.

Now let's see if these fools can come up with a way to "F" this up!!!

[yota691]

The government announces the delivery of the draft budget to Parliament

2023.03.17 - 11:52

 

Baghdad - Nas  

On Friday, the government spokesman, Basem Al-Awadi, announced that the draft budget law would be handed over to Parliament.  

  

 

  

Al-Awadi said in a statement, which “NAS” received a copy of, (March 17, 2023), that “in implementation of the provisions of the Constitution and the Federal Financial Management Law, yesterday evening, Thursday, the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024, and 2025 was officially handed over. to the House of Representatives.  

  

He added, "The draft budget law, with its new articles and paragraphs that were approved for the first time, is capable of facilitating the implementation of executive and development projects, plans and programs, and providing infrastructure and services for citizens."  

[yota691]

Parliament announces receipt of the draft budget law

2023.03.17 - 12:26

 

Baghdad - Nas  

The House of Representatives announced, on Friday, that it had received the draft budget law.  

  

  

  

Deputy Speaker of the House of Representatives, Shakhwan Abdullah, said in a statement, which "NAS" received a copy of, (March 17, 2023), that "the draft federal budget law reached the parliament last night."  

  

Earlier today, Friday, the government spokesman, Basem Al-Awadi, announced that the draft budget law would be handed over to Parliament.  

  

Al-Awadi said in a statement, which “NAS” received a copy of, (March 17, 2023), that “in implementation of the provisions of the Constitution and the Federal Financial Management Law, yesterday evening, Thursday, the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024, and 2025 was officially handed over. to the House of Representatives.    

  

He added, "The draft budget law, with its new articles and paragraphs that were approved for the first time, is capable of facilitating the implementation of executive and development projects, plans and programs, and providing infrastructure and services for citizens."    

[keylime]

22 minutes ago, md11fr8dawg said:

Now let's see if these fools can come up with a way to "F" this up!!!

I hope by "F" you mean "FINALLY" pass this Budget and the HCL!!!!

[md11fr8dawg]

That would be nice key, but with their pass track record, the "F" did not mean finally!! 😜

[yota691]

The government delivers the three-year budget to parliament

• Time: 03/17/2023 11:42:18
•  
• Read: 1,755 times

  

{Economic: Al Furat News} The government spokesman, Basem Al-Awadi, announced the handing over of the financial budgets for the years 2023, 2024, and 2025 to the House of Representatives.

Al-Awadi said in a statement, which {Euphrates News} received a copy of, that "and in implementation of the provisions of the constitution and the federal financial management law, yesterday evening, Thursday, the draft federal budget law of the Republic of Iraq for the fiscal years 2023, 2024, 2025 was officially handed over to the House of Representatives." .

And he stressed, "The draft budget law, with its new articles and paragraphs that were approved for the first time, is capable of facilitating the implementation of executive and development projects, plans and programs, and the provision of infrastructure and services for citizens."

[yota691]

Parliament announces receipt of the budget

• Time: 03/17/2023 12:16:10
•  
• Read: 1,417 times

  

{Politics: Al-Furat News} Deputy Speaker of the House of Representatives, Shakhwan Abdullah, announced that the draft federal budget law had reached the parliament last night.

And the government spokesman, Basem Al-Awadi, announced today that the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024, and 2025 was handed over to the House of Representatives yesterday, Thursday.

It is noteworthy that the Council of Ministers approved in its regular session last Monday the three budgets and referred them to Parliament for approval.

Prime Minister Muhammad Shia al-Sudani said, after the council meeting in a press conference, that: "The total budget is more than 197 trillion dinars, the operational budget is more than 150 trillion dinars, and the investment budget is more than 47 trillion, and the budget deficit is 63 trillion dinars."

And that "total revenues amount to more than 134 trillion dinars, and oil revenues amount to more than 117 trillion based on the price of oil at 70 dollars, and non-oil revenues amount to more than 17 trillion dinars."

[yota691]

Parliamentary legal: The budget law arrived in parliament yesterday, and there were intensive meetings about it

• Time: 03/17/2023 13:09:38
•  
• Read: 1,105 times

  

{Politics: Al-Furat News} The Parliamentary Legal Committee announced that the draft budget law from the government had reached the House of Representatives yesterday, Thursday.

Committee member Muhammad al-Khafaji told {Euphrates News} agency: "The budget law officially arrived in the House of Representatives yesterday," noting that "any meetings on the law did not take place, and starting next week there will be intensive meetings regarding it."
He explained, "The budget for this parliamentary session is special and different, as it is for three years," noting, "The direct study of the budget and review of it will be early next week."

Raghad Daham

[DinarDavo]

1 hour ago, md11fr8dawg said:

Now let's see if these fools can come up with a way to "F" this up!!!

 

If they have been taught well they will have to pass it to see what's in it, right?

[6ly410]

 

[horsesoldier]

Too bad the Marx Brothers aren't around today...20 years of material, what a waste, huh.

[southbeach]

Would a 3 year budget indicate factoring in a rv w/ float of the currency and a 3 year currency trade in period as discussed in the past?

[Jaygo]

2 hours ago, southbeach said:

Would a 3 year budget indicate factoring in a rv w/ float of the currency and a 3 year currency trade in period as discussed in the past?

That is EXACTLY what I was thinking. We Pray! 🙏 

[southbeach]

3 hours ago, southbeach said:

Would a 3 year budget indicate factoring in a rv w/ float of the currency and a 3 year currency trade in period as discussed in the past?

Hello?

[T B]

get em JESUS!

[T B]

IM TIRED AN OLD SO I DO WHAT MOMA ALWAYS SAID WHEN I CANT DO NOTHING!  PRAISE THE LORD!  GET EM JESUS!

[Laid Back]

Green Light 🟢

Go Budget 

Go HcL

Go STRONGER Dinar $1+

[yota691]

It is likely to approve the budget before Eid al-Fitr

The first  2023/03/18

 

 

 Baghdad: Abdul Rahman Ibrahim

 

Yesterday, Friday, the House of Representatives officially received the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024, and 2025, in implementation of the provisions of the Constitution and the Federal Financial Management Law.

 

Government spokesman Basem Al-Awadi said: "The draft budget law, including new articles and paragraphs that were approved for the first time, is capable of facilitating the implementation of projects, plans, executive and development programs, and the provision of infrastructure and services for citizens."

 

On the other hand, Deputy Speaker of the House of Representatives, Shakhwan Abdullah, announced in a statement that he had received the draft federal budget law, which is the highest in the history of Iraq, with a value exceeding 197 trillion dinars, based on the price of a barrel of oil at $70, while the deficit amounted to 63 trillion dinars.

A member of the Parliamentary Finance Committee, Jamal Cougar, suggested approving the state’s federal budget for the current year before Eid Al-Fitr.

 

The Financial Management Law No. 6 of 2019 allowed the Federal Ministry of Finance to prepare a medium-term budget for a period of (3) three years, to be submitted once and legislated, and the first year is obligatory.

 

Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, explained to the Iraqi News Agency (INA) that "the circulation of the sums allocated to the governorates for the purposes of investment spending, which could not be disbursed during the fiscal year, was included in the draft federal budget law for the year 2023, which is a flexible and unrestricted mechanism that allows the governorates Conducting financial transactions within its annual allocations related to investment spending on projects.

 

He added, "Financial Management Law No. 6 of 2019 in force and amended in 2020 took the issue of allocated unspent financial allocations to the governorates by preserving their rights in allocation in order to sustain spending on investment projects without delay or delay."

 

And Prime Minister Muhammad Shia’ al-Sudani said, last Monday, in a press conference: “In this budget, we gave the governorates the right to recycle the allocated amounts,” stressing that “the priorities of the government program will be present in the 2023 budget, and the budget for three years supports stability.”

 financial".

 

[yota691]

The Iraqi parliament begins discussing the budget law

Government: new materials to facilitate the implementation of development programs

Saturday - 26 Shaaban 1444 AH - March 18, 2023 AD Issue number [16181]

 

 

Iraqi Prime Minister Muhammad Shia al-Sudani (AP)

Baghdad: «Asharq Al-Awsat»

 

The Iraqi government announced that it had handed over the draft financial budget law for a period of three years to Parliament, while Parliament confirmed its receipt and the start of the necessary discussions in preparation for its approval. The government spokesman, Basem Al-Awadi, said in a statement, “In implementation of the provisions of the constitution and the federal financial management law, Thursday evening, the draft federal budget law of the Republic of Iraq for the fiscal years 2023-2024-2025 was officially handed over to the House of Representatives.” He added that «the draft budget law, including new articles and paragraphs that were approved for the first time, is capable of facilitating the implementation of projects, plans and executive and development programs, and the provision of infrastructure and services for citizens».
For his part, the second deputy speaker of parliament, Shakhwan Abdullah, announced the arrival of the draft budget law, saying in a brief statement that "the legislative institution will carry out its duties and responsibilities towards the draft law in accordance with legislative and legal procedures." At a time when the process of preparing the Iraqi government for the financial budget for three years raised a legal and political controversy, a legal expert confirmed the permissibility of the government to merge the three-year budget. Legal expert Ali Al-Tamimi told Asharq Al-Awsat that “the process of merging the budget for the next three years is constitutionally and legally possible, as indicated by Article 78 of the Constitution and Article 4, Paragraph 2, of the Financial Management and Public Debt Law No. 6 of 2019.” Al-Tamimi added, “These legal articles authorized the merger, which is an average of three years; Where the first year is obligatory, and the two subsequent budgets are subject to amendment by Parliament according to circumstances.
And while the budget was sent to parliament after a delay of about 5 months after the formation of the current government headed by Muhammad Shia’ al-Sudani, in addition to a delay for a full year (2022) without a budget, its sending coincided with the drop in oil prices below eighty dollars per barrel. Political forces express fears about the possibility of steadfastness in oil prices, given that the Iraqi government set the price of a barrel at about $75, while oil prices fell below seventy dollars a barrel before rising again.
Concerns about oil prices are increasing at a time when the fiscal deficit in the budget is about 63 trillion Iraqi dinars (about 48 billion dollars). In this context, the Iraqi oil expert, Nabil Al-Marsoumi, confirmed in a press statement yesterday, Friday, that “the new taxes in the budget consisted of imposing a 5 percent tax on the revenues from sales of one liter of gasoline, another 10 percent tax on gas oil, and 15 percent on gas oil.” cent on imported fuel, and 1 percent on black oil sales.
Al-Marsoumi added, “These taxes will lead to an increase in non-oil revenues and a slight reduction in fuel smuggling abroad, but they will lead to an increase in the cost of transporting people and goods, and then a new rise in the prices of goods and services, which may lead to exceeding the annual inflation rate specified in the budget.” 5 percent, negatively affecting the standard of living of citizens. Prime Minister Muhammad Shia al-Sudani had said that the share of the Kurdistan region in the budget amounts to 12.6 percent, according to the agreement reached between Baghdad and Erbil after al-Sudani's visit last week to the Kurdistan region, where he spent two days there between the cities of Erbil and Sulaymaniyah.