Parliamentary Finance: Approval of the budget will be delayed until the end of next month

[Rochester]

Or maybe they have passed it already, are lying to us and will RV in 2 days.

[WheresmyRV?]

Talk about kicking the can down the road, something has to be up with them stalling like this.  HCL too.

[yota691]

Now.. the Parliamentary Finance Committee begins discussing the budget law

2023.04.09 - 21:31

 

Baghdad - people  

On Sunday, the Parliamentary Finance Committee began discussing the general budget law.  

  

  

A brief statement by the media department in the House of Representatives, of which "NAS" received a copy (April 9, 2023), stated that "under the chairmanship of the First Deputy Speaker of the House of Representatives, Mohsen al-Mandalawi, the Parliamentary Finance Committee begins discussing the budget law."  

[yota691]

Details of what took place in the federal budget discussions in Parliament last night

2023.04.10 - 09:54

 

Baghdad - people  

First Deputy Speaker of Parliament Mohsen Al-Mandalawi chaired the meeting of the Finance Committee, in the presence of the chairman and members of the committee, to discuss the draft federal budget law for the years 2023-2024-2025, in preparation for submitting its report during the second reading of the parliament session.  

  

  

  

According to a statement by the parliament’s media department, followed by “NAS” on Monday (April 10, 2023), “the first deputy speaker of the parliament stressed the need to expedite the discussion of the draft law, and to take into account the needs of the citizen, urging the committee to continue holding meetings and discussions, and to complete them as soon as possible, noting The law will focus on meeting the demands of citizens, increasing allocations for service aspects and investment projects, and activating the private sector.  

  

And the Chairman of the Finance Committee stressed that "the committee is determined to review the law and develop an appropriate mechanism to reach the appropriate formula, adding that the budget represents the government's vision, with the need to achieve integration between the government's vision and the vision of the council and confirm all observations, pointing to the formation of a committee to prepare a report that will be presented during the council's reading session the second".  

  

And the Finance Committee initiated "discussing the federal budget law and setting up a mechanism to deal with the draft and listen to all opinions and observations, noting the need to hold meetings to see the obstacles and find appropriate solutions to them, and to host ministers and officials, and to follow technical methods to mature the law in a way that guarantees the interest of the country."  

  

The committee read "the items and paragraphs of the draft related to revenues, expenditures, and the deficit, as the interventions of the members of the committee included putting notes and finding real solutions to reduce the deficit, and proceeding with financial and technical matters, in order to submit a report during the second reading, in addition to discussing the budget for three years and checking all the paragraphs contained in the draft."  

[yota691]

Parliamentary Finance: Voting on the 2023 budget next month

• Time: 04/09/2023 22:23:22
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• Read: 2,756 times

  

{Economic: Al Furat News} The Parliamentary Finance Committee announced, today, Sunday, that the vote on the 2023 budget will take place during the next month.

Committee member Mueen Al-Kadhimi said in a statement followed by Al-Furat News Agency, "The Finance Committee is serious about moving towards discussing and approving the budget, and the official sessions have begun and will continue to come out with conviction and a joint report to be submitted to the House of Representatives for the purpose of the second reading," noting that "the second reading will be completed after Eid Al-Fitr directly.

He added that "there is seriousness among the blocs of the need to pass the budget while taking into account the observations," noting that "there is an objection to the amounts of development of the regions allocated to 15 governorates, which are considered few."

He explained that "there is a remaining amount of emergency support allocated to the governorates, and it is possible to transfer funds from the allocations to ministries to the governorates," noting that "the objection to shares in the budget can be resolved through dialogue."

And Al-Kazemi indicated, "There is no objection to the price of a barrel of oil in the budget, which is 70 dollars, because it is good and reliable."

He stated that "there is no increase in the prices of gasoline and kerosene produced internally, and there is a serious tendency to benefit from associated and free gas."

He concluded, "The final vote on the 2023 budget will take place during next May."

[yota691]

A parliamentary committee expects the maximum date for approving the budget

• Time: 04/10/2023 15:01:00
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• Read: 689 times

  

{Economic: Al Furat News} A parliamentary committee expected the maximum date for approving the financial budget.

A member of the Parliamentary Economy Committee, Hussein Al-Sabri, told the Euphrates news agency: "With regard to the delay in approving the budget law, the law has been read first and the Finance Committee has already started studying and discussing it, despite the need to expedite the approval of the budget law, but there are chapters that need to be studied."
He added that "the maximum limit for approving the law will be between a month and a month and a half."
And the House of Representatives, in its session on April 6, completed the first reading of the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024 and 2025.
And the First Deputy Speaker of the House of Representatives directed in a meeting of the Finance Committee yesterday to expedite the completion of the budget law and complete its requirements," stressing that "the next few period will witness the second reading of the draft budget law."
And he stressed "the House of Representatives' keenness to scrutinize all paragraphs of the budget," noting that "the people expect their representatives to quickly complete and vote on them because they are directly related to their lives."
During the meeting, which was chaired by Mandalawi, the budget items were discussed and observations were presented in a way that contributes to increasing the allocations for the development of the regions, reducing the deficit rate, and implementing service and strategic projects, especially the lagging ones.

Raghad Daham

[yota691]

Presidency of Parliament confirms imminent adoption of the budget and directs a request to the Finance Committee

2023-04-09 16:52

 

Shafaq News / First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, directed, on Sunday, the Parliamentary Finance Committee, to expedite the completion of the budget law and complete its requirements, while he indicated that the next few period will witness the second reading of the bill.

 

 

 

This came during Mandalawi's presidency of a meeting of the Parliamentary Finance Committee, in the presence of its chairman and members, to discuss the draft federal budget law for the years (2023, 2024, 2025), according to a statement received by Shafaq News agency.

 

Al-Mandalawi directed the Parliamentary Finance Committee to "continue to hold meetings in order to expedite the completion of the draft budget law, and to establish appropriate and accurate mechanisms to complete its requirements, including the formation of subcommittees, and the preparation of a detailed report on them," noting that "the law will focus on meeting people's demands and increasing the allocations of aspects." service and investment projects, and activating the private sector.

 

The First Deputy Speaker of Parliament affirmed the parliament's keenness to "scrutinize all paragraphs of the budget, and that the next few period will witness the inclusion of the second reading of the law on the parliament's agenda," pointing out that "the people expect their representatives to quickly complete it and vote on it because it is directly related to their lives."

 

According to the statement, during the meeting, the items of the budget were discussed, and observations were made about a number of its paragraphs, and the importance of making the necessary transfers, in a way that contributes to increasing the allocations for the development of regions, reducing the deficit rate, and implementing service and strategic projects, especially those that are lagging behind.

 

Last week, the Iraqi Council of Representatives completed the first reading of the draft federal budget law for the Republic of Iraq for the fiscal years (2023, 2024, 2025).

A member of the Parliamentary Finance Committee, Jamal Cougar, had revealed, in a previous statement to Shafaq News Agency, the date for approving the general budget, stressing that it will be after Eid Al-Fitr.

[6ly410]

Kurdish MP for Nina: We will vote on the budget before any other law

Monday 10, April 2023 22:05 |EconomicalViews: 198

Kurdish MP for Nina: We will vote on the budget before any other law (ninanews-com.translate.goog)

Baghdad / NINA / - A member of Parliament for the Kurdistan Democratic Party, Sabah Sobhi, affirmed that no political bloc has the goal of obstructing the approval of the federal general budget.

He told the National Iraqi News Agency / NINA /: that all political blocs will finish reading, discussing and approving them as soon as possible, which will not exceed a month.

Sobhi added: We will vote on the budget before any other law in light of the urgent need for it as we approach the middle of the year.

And the House of Representatives had completed the first reading of the general budget, amid speculation that it will be approved during the next month./ End 3

[6ly410]

Headed by Al-Mandalawi Parliamentary Finance holds a new meeting to complete the budget discussion

Monday 10 , April 2023 22:10 |EconomicalViews: 171

Headed by Al-Mandalawi Parliamentary Finance holds a new meeting to complete the budget discussion (ninanews-com.translate.goog)

Baghdad /Nina/ The Parliamentary Finance Committee held a meeting on Monday to discuss the draft budget law for three years. The office of First Deputy Speaker of Parliament Mohsen al-Mandalawi said in a statement: "In order to complete the discussion of its items, Mandalawi chaired a new meeting of the Finance Committee to discuss the draft three-year fiscal budget law."

A few days ago, the House of Representatives finished the first reading of the three-year budget bill.

[6ly410]

 

[6ly410]

Al-Mandalawi: Parliament supports the government's policy on tax exemptions and reducing the interest rate on loans

Economy | Today, 00:16 | 

Al-Mandalawi: Parliament supports the government's policy on tax exemptions and reducing the interest rate on loans » Baghdad Today News Agency

 

Baghdad Today - Baghdad

The first deputy speaker of the House of Representatives, Mohsen al-Mandalawi, said that the council "supports the government's policy on tax exemptions and reducing the interest rate on loans."

According to a statement by his office received by (Baghdad Today), Al-Mandalawi "chaired on Monday evening, the second meeting of the Parliamentary Finance Committee after the first reading of the draft federal budget law for the years (2023, 2024, 2025)."

Al-Mandalawi stressed that "the House of Representatives supports the government's policy with regard to tax exemptions and reducing the interest rate on loans," pointing to "the need to give priority in the draft law to stimulate the private sector, which contributes to additional job opportunities for youth energies."

The First Deputy Speaker of Parliament directed "the Parliamentary Finance Committee to provide a clear vision of the mechanism of appointment and contracting in the government sector in line with a budget allocated for three years, and to complete the discussion of the rest of the budget paragraphs to speed up their submission for the second reading in the coming days, taking into account the observations put forward by deputies about them, and their harmony with the government program voted on by the House of Representatives."

[6ly410]

Al-Mandalawi confirms giving priority in the budget to stimulate the private sector

 

•  Today,

 

Baghdad – The
First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, stressed that priority is given in the budget to stimulate the private sector and create job opportunities for young people.

Al-Mandalawi's office stated in a statement received by the Iraqi News Agency (INA), that "Mohsen Al-Mandalawi, First Deputy Speaker of the House of Representatives, chaired the second meeting of the Parliamentary Finance Committee after the first reading of the draft federal budget law for the years (2023, 2024, 2025)."
Al-Mandalawi stressed, according to the statement, that "the House of Representatives is supportive of the government's policy with regard to tax exemptions, and reducing the interest rate on loans," pointing to "the need to give priority in the draft law to activate the private sector, which contributes to additional job opportunities for youth energies."
The First Deputy directed the Parliamentary Finance Committee to provide a clear vision of the mechanism of appointment and contracting in the government sector in line with a budget allocated for three years, and to complete the discussion of the rest of the budget paragraphs to speed up their submission for the second reading in the coming days, taking into account the observations put forward by deputies about them, and their consistency with the government program voted on by the House of Representatives.
 

[6ly410]

Al-Mandalawi stresses the need to give priority in the budget to stimulate the private sector / expanded

Tuesday 11, April 2023 00:23 |EconomicalViews: 161

Mandalawi stresses the need to give priority in the budget to revitalize the private sector / expanded (ninanews-com.translate.goog)

Baghdad/Nina- Deputy Speaker of the House of Representatives Mohsen Al-Mandalawi chaired the second meeting of the Parliamentary Finance Committee after the first reading of the draft federal budget law for the years (2023, 2024, and 2025). During the meeting, Al-Mandalawi stressed that the House of Representatives is supportive of the government's policy regarding tax exemptions and reducing the interest rate on loans, pointing to the need to give priority in the draft law to stimulate the private sector, which contributes to additional job opportunities for youth energies.

Al-Mandalawi directed the Parliamentary Finance Committee to present a clear vision of the mechanism of appointment and contracting in the government sector in line with a budget allocated for three years, and to complete the discussion of the rest of the budget paragraphs to speed up their submission for the second reading in the coming days, taking into account the observations put forward by deputies about them, and their harmony with the government program voted on by the House of Representatives.
 

[patrick50]

Thank you for the awesome news 6ly410!! I do have one question do they still have to do 3 readings before they can make it final?     Go Rvvv!

[WheresmyRV?]

31 minutes ago, patrick50 said:

Thank you for the awesome news 6ly410!! I do have one question do they still have to do 3 readings before they can make it final?     Go Rvvv!

I think 2, they read it one time a week ago I believe.

[yota691]

Parliamentary Finance undertakes to quickly pass the budget

Iraq  2023/04/11

 

 

 Baghdad: Omar Abdul Latif

 

Committee member Hussein Moanis said, in an interview with "Al-Sabah": "The Finance Committee and the House of Representatives are keen to come up with the best budget that has passed over the past years, despite the challenges," and indicated that "there is seriousness by the members of the committee in proceeding with the budget without returning it to the government." Pointing out that "discussions took place in the committee regarding the paragraphs of the budget to prepare a detailed report and introduce proposals and discussions in order to complete and mature all opinions."

He added, "There is a major challenge represented in reducing expenditures and increasing revenues in this year's budget, given the high percentage of deficits that intersect with the Financial Management Law," noting "the committee's keenness to reduce expenditures, given that there will be a problem during the coming years if the budget is passed in this way." The great deficit.

He continued, "There is a complete absence of real plans to know the volume of revenues annually, and the committee is always working on estimating the cash quantities that arrive from those revenues, which appear to have decreased to a level less than half," noting that "the state has given many exemptions recently and the effects of changing the price of exchange rate, in addition to the fluctuation of oil prices in the global market, especially after fixing it at 70 dollars in the budget, which prompts us to hedge on the issue of figures on the level of revenues, and there is also the oil agreement between the region and the center, which is still unclear until now, and what is the role of (SOMO) Will the account in which the revenues of the region be placed be monitored? Mu'nis asserted.

A member of the Finance Committee ruled out the reported intentions to raise the prices of oil derivatives, "as it is a matter for producing companies only," pointing to the addition of "a paragraph to pay the differences of the popular crowd, national security and examiners in the Ministry of Defense." He confirmed the closeness of hosting Prime Minister Muhammad Shia' al-Sudani and executive officials to "answer the committee's questions regarding the budget," considering it "a positive point and a complementary issue between the legislative and executive authorities to make the government program a success."

For his part, a member of the Parliamentary Economy Committee, Hussein Al-Sabri, said: “With regard to the delay in approving the budget law, the law has been read first and the Finance Committee has already begun to study and discuss it,” noting that “despite the need to expedite the approval of the budget law, there are doors that need to a study.”

And the House of Representatives completed its session on April 6, the first reading of the draft federal budget law for the fiscal years 2023, 2024, and 2025, and the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, directed in a meeting of the Finance Committee yesterday, Sunday, to expedite the completion of the budget law and complete its requirements, stressing that “the period The next few will witness the second reading of the budget bill.

Edited by: Muhammad Al-Ansari

[yota691]

Highlights of what the Parliamentary Finance Committee discussed in its meeting on the budget law

2023.04.11 - 09:20

 

Baghdad - people  

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed that the draft budget constitutes a major task for the Iraqi street.  

  

  

  

A statement of the House of Representatives, a copy of which “NAS” received, said (April 11, 2023), that “under the chairmanship of First Deputy Speaker of Parliament Mohsen Al-Mandalawi, the Parliamentary Finance Committee met in the presence of Representative Atwan Al-Alwani, head of the committee and its members, to complete its discussions regarding the draft federal budget law for the years 2023- 2024-2025".  

  

He added, "The head of the committee made it clear that the draft general budget law constitutes a major task for the Iraqi street, and has an impact on the financial and economic market in the country, which requires reviewing the initial vision, reviewing and checking all the paragraphs contained, and fixing notes on them."  

  

He indicated that "the Finance Committee has completed reading the paragraphs and clauses of the draft law related to obligating ministries and agencies not associated with a ministry, which includes the number of manpower in the ministries, and procedures for appointment and contracting in the public sector, based on a three-year budget vision, in addition to procedures for referral to retirement, other files and showing proposals thereon.  

  

He continued, "The committee's observations included a mechanism for granting loans to graduates, approval of a five-year leave to encourage work, revitalize the private sector, and invest in manpower, in addition to the file of electronic taxation with the aim of developing and developing investment, maximizing revenues and supporting investment projects, as well as the issue of advances granted for the years. Previous articleDiscussing the issue of development funds.  

  

And the Parliamentary Finance confirmed, according to the statement, that it continues to hold meetings, and its intention to check all the tables attached to the law and find out the details, pointing to the need to host those concerned to reach a formula that meets the aspirations and interests of the Iraqi people, and to prepare the committee’s report for the purpose of presenting it during the second reading in the House of Representatives.  

[yota691]

Parliamentary Finance: Preparing the final budget report within the next two days

• Time: 04/11/2023 14:31:28
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• Read: 1,079 times

  

{Economic: Al Furat News} The Parliamentary Finance Committee revealed the preparation of the final report of the financial budget during the next two days.

Committee member Mustafa Al-Karawi told {Euphrates News} agency, "The Finance Committee finished reading and confirming the notes on the budget law, and during the next two days the final report will be prepared and revised until it is presented for a second reading in Parliament and the door for discussion is opened."
Yesterday, the Parliamentary Finance Committee ended its discussions on the draft federal budget law.
Parliamentary sources suggest approving the budget after the Eid al-Fitr holiday.

Raghad Daham

[yota691]

Al-Mandalawi confirms giving priority in the budget to the private sector and creating job opportunities for young people

• Time: 04/11/2023 00:26:43
•  
• Read: 2,236 times

  

{Politics: Al-Furat News} First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, chaired the second meeting of the Parliamentary Finance Committee after the first reading of the draft federal budget law for the years (2023, 2024, 2025).

 

Al-Mandalawi confirmed, according to a statement by his office, that "the House of Representatives supports the government's policy with regard to tax exemptions and reducing the interest rate on loans," noting "the need to give priority in the draft law to activating the private sector, which contributes to additional job opportunities for youth energies."

He directed the Parliamentary Finance Committee to present a clear vision of the mechanism of appointment and contracting in the government sector consistent with a budget allocated for three years, and to complete the discussion of the remaining paragraphs of the budget to expedite its submission for a second reading in the coming days, taking into account the observations raised by the deputies about it, and its consistency with the government program that voted. Parliament has it."

[6ly410]

In the footsteps of the federal budget. Parliamentary Finance urges Erbil to send its budget to the KRG Parliament

Economics / Politics | Today, 16:55 | 

In the footsteps of the federal budget. Parliamentary Finance urges Erbil to send its budget to the regional parliament » Baghdad Today News Agency

 

Baghdad Today - Baghdad

The Finance Committee of the Iraqi Council of Representatives on Tuesday called on the regional government to send the budget law to the Kurdistan parliament, as is the case with the central government.

Committee member Nermin Maarouf said in a statement to Kurdish media that "the 2023 budget is the highest in the history of Iraq with a monetary value of more than 199 trillion dinars, (about 140 billion dollars), and once approved, all economic and living joints of interest to the citizen will recover."

She added that "the share of the Kurdistan region was set at 12.67%, or more than 15 trillion dinars, and it is of paramount importance in re-working investment projects, providing job opportunities, overcoming the problem of delays in the distribution of salaries and overcoming the consequences and effects of the economic crisis that the region has been facing for years."

She stressed that "the regional government must send the draft budget law to the Kurdistan parliament, as is the case with the central government, to protect the entitlements of groups and classes of society in the budget and distribute them fairly and equitably," stressing "the need to reorganize the revenues and expenditures of the regional government within the budget law under the dome of the regional parliament."

[6ly410]

Parliamentary Finance for Nina: This is the reality of the three-year budget. No new amendments so far

Tuesday 11, April 2023 19:04 |EconomicalViews: 100

Parliamentary Finance for Nina: This is the reality of the three-year budget. No new amendments so far (ninanews-com.translate.goog)

Baghdad /Nina/ The Parliamentary Finance Committee has charted the course of discussions of the draft federal budget law, which the House of Representatives is preparing to present for the second reading in the agenda of its upcoming sessions. The deputy head of the committee, Ikhlas Al-Dulaimi, said in a statement to the Iraqi National News Agency (
), that “the legal foundations require that the draft budget law must be read the first and second readings without any change, and then we enter the stage of making amendments, and for this we have not made any new amendments to the budget so far.”
She added, “The general budget for three years is a strategic budget, in which the government did not send neither tables nor figures, but rather a three-year strategic plan, meaning that the 2023 budget is applied and the budget is only 24- 25 An annual strategic vision for the budget, and then it is approved by the House of Representatives. She explained, "The government sent the three-year budget, and if the House of Representatives wants to amend it, the parliament has the right to amend it first, and it also has the right to proceed with this general budget, and until we Enter the year 2024 and there is no new budget, Parliament also has the right to submit a budget law proposal and vote on it.”

On the impact of the legislation of the oil and gas law on the general budget, she explained that "the implementation of the oil agreement between the federal government and the Kurdistan Regional Government correctly, will reflect positively in the current budget and will be reflected successfully." on the oil and gas law, which will proceed under positive circumstances and provide real political will to solve these problems.”
 

[Laid Back]

Oil Agreement > Budget > HCL > Stronger Dinar $1+

 

 

[screwball]

On 4/10/2023 at 8:04 PM, WheresmyRV? said:

Talk about kicking the can down the road, something has to be up with them stalling like this.  HCL too.

💯

[screwball]

Interesting….this says to me that this is *** for tat and the Iraqi parliament are not trusting the Kurds…they want confirmation and committtment to the Agreement will this be enough to budge the US for allowing them to go international? Only time will tell!

[yota691]

Parliamentary Finance proceeds with the preparation of the budget report

The first  2023/04/12

 

 

  Baghdad: Muhannad Abdel Wahhab 

 

The Finance Committee in the House of Representatives began studying the paragraphs of the general budget and preparing its report to be presented to the House of Representatives, while calling on the political forces to deal with the budget technically away from political conflicts. 

 

Committee member Mustafa Al-Karawi said, in an interview with “Al-Sabah”: “The Finance Committee met and began studying and reviewing the paragraphs of the budget in order to prepare its own report to be presented in the next session in the House of Representatives, and there will be a receipt of the notes by the members of the Council, and thus the start of hosting the government.” To study the paragraphs of the budget carefully and proceed to pass it. 

 

He explained that "the committee has so far discussed about 17 articles, and the points of contention regarding revenues, expenditures, the deficit percentage, and the sections of new and continuous loans have been fixed, and all other details will be discussed and worked on, amended, and improved so that there is a positive impact on the Iraqi citizen and economy."

 

He added, "After the second reading, the amendments and proposals will be studied by the supporting committees in the House of Representatives, and the observations, amendments, and schedules will be fixed and go to vote." 

 

Al-Karawi pointed out that "the committee deals with the budget in a technical way, and we hope that the political forces will keep the budget away from bets and political conflicts so that there will be no negative impact on the citizen as it directly affects him, because the political conflicts will have a negative impact if they enter into the details of approving the budget." ".

 

He explained, "There is an innovation in contracts that have been confirmed and some special requests for some ministries that have not been decided yet."

Edited by: Muhammad Al-Ansari