The Finance Committee requests a 24-hour deadline: Kurdistan's dispute was confined between the "two parties" over the 10% clause

[yota691]

Today.. Parliamentary Finance begins discussing the budget

Iraq  2023/04/26

 

 

  Baghdad: Shaima Rashid and Omar Abdul Latif

     And Muhannad Abdel Wahab

 

Today, Wednesday, the Finance Committee in the House of Representatives begins discussing the federal general budget for the years (2023-2024-2025) and works through 3 paths to reduce the deficit rate to 20 percent, and the members of the committee indicated in conversations with “Al-Sabah” that approving the budget will not be long delayed. And they emphasized that the Prime Minister gave the committee great flexibility in order to make amendments in cooperation with the Ministries of Finance and Planning.

 

A member of the committee, Mustafa Al-Karawi, told Al-Sabah: "The committee will begin today, Wednesday, its discussions regarding the budget," and indicated that "the committee will go towards reducing operational budgets directly, unnecessary investment, and reducing loans."

 

He expressed his hope that "such paths will help reduce the budget deficit, which is considered abnormal and could cause future economic problems for the country." 

 

For his part, a member of the Finance Committee, Jamal Cougar, said in an interview with “Al-Sabah”: “The budget will pass and the vote on it will not be delayed, especially since not all ministers will be hosted, but the ministers whose financial transfers are made to and from their ministries will be hosted, and this also applies.” Conservatives and others, which reduces the time period for approving the budget.

 

He added, "The committee has the power to reduce and transfer, and this is what will be worked on in order to reduce the deficit," explaining that "until now, the matter has not been resolved, as the numbers have not been checked or the concerned authorities have hosted." 

 

 He stressed that "Al-Sudani gave all flexibility to the Finance Committee and expressed his willingness to send the advanced staff in the Ministries of Finance and Planning for the participation of the Finance Committee in its sessions that need them," noting that "the government requested a budget for three years, so there should be a serious scrutiny of all the numbers in the budget to avoid Any mistake, and we should also be keen to reduce the deficit, because all indications say that oil prices will not remain at these numbers and will decline in the coming years. 

 

And he continued, "The government has this rounded year of money and perhaps for the next year as well, and we may not have this rounded in 2025, so we must make accurate calculations for this matter, and for that the committee will add a paragraph that (the government is tasked with sending a budget for the next year with amendments to it." ) Because it is unreasonable for oil prices to change and the budget does not change.” Cougar suggested that the budget would be approved “at the end of next May.” 

 

In turn, a member of Parliament, Salem Al-Anbuge, said: "Many important points are still pending in the 2023 budget, most notably the deficit, which constitutes 33 percent of the budget's volume, which is a large number, but efforts are being made to reduce it to 20 percent in a way that gives more flexibility." Especially since the government made pledges to cover the fiscal deficit and treat it according to specific financial contexts.

 

In addition, economist Haitham Al-Husseini said: The committee can squeeze "capital" expenditures in this year's budget. 

 

Al-Husseini told "Al-Sabah": "This type of expenditure includes (maintenance, kerosene, gasoline, furniture and other materials that can be reduced), especially since comparing this year's budget with its previous counterparts shows that there is an increase in the capital budget." 

 

He added, "The budget needs radical solutions to the issue of its preparation due to the presence of a lot of wasted money and accounting errors, as the budget must be restructured to be consistent with the event and the directions of the state. It is not possible to adopt the same budget that I used while I am following a socialist system in which the government has complete control over all joints."

 

Today we are heading towards open trade. The economist suggested applying the "unified treasury" system that exists all over the world, "to know how much are the expenditures and revenues, and it is possible to know the financial movement of the amounts that are spent from anywhere in the country. Iraq must go beyond the classics in preparing its budgets and achieving the correct financial management system." In a related context, a member of the Legal Committee, Mahmoud Al-Salami, said, in an interview with Al-Sabah:

[yota691]

The tripartite budget is on the parliament's financial table today, amid speculation that it will be approved in May

2023.04.26 - 09:35

 

Baghdad - people  

Today, Wednesday, the Finance Committee in the House of Representatives is scheduled to begin discussing the federal budget for the years (2023-2024-2025) and work through 3 tracks to reduce the deficit rate to 20 percent.  

  

  

  

Member of the committee, Mustafa Al-Karawi, said in a statement to the official newspaper, followed by “Nass” (April 26, 2023), that “today, Wednesday, the committee begins its discussions regarding the budget,” and indicated that “the committee will go towards reducing operational budgets directly, unnecessary investment, and reducing loans.”  

  

He expressed his hope that "such paths will help reduce the budget deficit, which is considered abnormal and could cause future economic problems for the country."  

  

For his part, Jamal Cougar, a member of the Finance Committee, said, according to the newspaper, that “the budget will pass and the vote on it will not be delayed, especially since not all ministers will be hosted, but rather ministers whose financial transfers will be made to and from their ministries, and this also applies to governors and others, and that This reduces the time period for approving the budget.  

  

He added, "The committee has the power to reduce and transfer, and this is what will be worked on in order to reduce the deficit," explaining that "until now, the matter has not been resolved, as the numbers have not been checked or the concerned authorities have hosted."  

  

He stressed that "Al-Sudani gave all flexibility to the Finance Committee and expressed his willingness to send the advanced staff in the Ministries of Finance and Planning for the participation of the Finance Committee in its sessions that need them," noting that "the government requested a budget for three years, so there should be a serious scrutiny of all the numbers in the budget to avoid Any mistake, and we should also be keen to reduce the deficit, because all indications say that oil prices will not remain at these numbers and will decline in the coming years.  

  

And he continued, "The government has this rounded year of money and perhaps for the next year as well, and we may not have this rounded in 2025, so we must make accurate calculations for this matter, and for that the committee will add a paragraph that (the government is tasked with sending a budget for the next year with amendments to it." ) Because it is unreasonable for oil prices to change and the budget does not change.” Cougar suggested that the budget would be approved “at the end of next May.”  

  

In turn, a member of Parliament, Salem Al-Anbuge, said: "Many important points are still pending in the 2023 budget, most notably the deficit, which constitutes 33 percent of the budget's volume, which is a large number, but efforts are being made to reduce it to 20 percent in a way that gives more flexibility." Especially since the government made pledges to cover the fiscal deficit and treat it according to specific financial contexts.  

[yota691]

Head of Parliament Finance: Sub-committees to host officials to expedite the completion of budget amendments

2023.04.26 - 13:23

 

Baghdad - Nas   

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced, on Wednesday, the start of the committee’s meetings to amend paragraphs and articles in the budget.  

  

  

  

Al-Atwani said in statements reported by the official agency, followed by "NAS" (April 26, 2023), that "the committee has started meetings to amend the paragraphs and articles of the budget according to its constitutional authority."  

  

He added, "We formed sub-committees in the committee to host executive officials to discuss and study their financial allocations to expedite the process of completing the amendments."  

  

He continued, "The committee is studying the possibility of reducing the financial deficit in the budget."  

[yota691]

Parliamentary Finance resumes discussion of the Federal Budget Law

• Time: 04/26/2023 12:10:40
•  
• Read: 962 times

  

{Politics: Al Furat News} Today, Wednesday, the Parliamentary Finance Committee resumed discussing the federal budget.

And the media department of the House of Representatives stated, in a brief statement received by {Euphrates News}, that "the Parliamentary Finance Committee will resume discussing the federal general budget law." 

Parliament had completed earlier the first and second readings of the budget law.

[yota691]

Intensive meetings to complete the budget law before the middle of the year

2023-04-25 08:33

 

Shafaq News/ A member of the Parliamentary Finance Committee, Jamal Cougar confirmed, on Tuesday, that intensive meetings will be held by the committee with the Minister of Finance and the advanced staff of the ministry to discuss the federal budget law and reduce the deficit rate, suggesting that the budget will be approved at the end of next month.

 

 

 

Article (8) of the Federal Financial Management Law No. (6) of 2019 states: The Minister of Planning and Finance shall submit to the Economic Affairs Committee at the beginning of August of each year the draft general budget law, and at the beginning of September the recommendations shall be presented to the Council of Ministers each year.

 

Cougar told Shafaq News agency, "The Parliamentary Finance Committee will host the Minister of Finance and the advanced staff in the ministry to discuss the general budget law, scrutinize expenditure numbers, and work to reduce the budget deficit."

 

He pointed out that "the coming days will witness intensive meetings of the Finance Committee and hosting officials to work on completing the budget and approving it next May."

 

"We expect the House of Representatives to vote on the general budget law at the end of next month," Cougar added.

 

Yesterday, Monday, a member of the Parliamentary Legal Committee, Raed al-Maliki, suggested extending the legislative term of the House of Representatives in order to approve the tripartite federal budget law.

 

Al-Maliki told Shafaq News agency, "The remaining days of the current legislative term are not enough to pass the general budget law, and therefore the parliament is obliged to extend the legislative term by one month until the law is approved."

 

The Iraqi Council of Representatives completed the first and second readings of the draft federal budget law for the Republic of Iraq, which was submitted by the government of Muhammad Shia al-Sudani for the fiscal years 2023, 2024, and 2025.

 

On Tuesday (April 18), the Parliamentary Finance Committee revealed the existence of political disagreements and objections to the draft state budget law, noting that passing it "will not be easy."

[yota691]

“Voting will not be delayed.” Parliamentary Finance begins discussing the budget today

money and business
   

Economy News _ Baghdad
Today, Wednesday, the Finance Committee in the House of Representatives begins discussing the federal general budget for the years (2023-2024-2025) and works through 3 paths to reduce the deficit rate to 20 percent, and the members of the committee indicated in conversations with “Al-Sabah” that approving the budget will not be long delayed. And they emphasized that the Prime Minister gave the committee great flexibility in order to make amendments in cooperation with the Ministries of Finance and Planning.

 

A member of the Finance Committee, Mustafa Al-Karawi, said, in an interview with Al-Sabah newspaper, followed by Al-Iqtisad News, that "the committee begins today, Wednesday, its discussions regarding the budget," and indicated that "the committee will go towards reducing operational budgets directly, unnecessary investment, and reducing loans."

 

He expressed his hope that "such paths will help reduce the budget deficit, which is considered abnormal and could cause future economic problems for the country." 

For his part, a member of the Finance Committee, Jamal Cougar, said, "The budget will pass and the vote on it will not be delayed, especially since not all ministers will be hosted. The time period for approving the budget.

 

He added, "The committee has the power to reduce and transfer, and this is what will be worked on in order to reduce the deficit," explaining that "until now, the matter has not been resolved, as the numbers have not been checked or the concerned authorities have hosted." 

 He stressed that "Al-Sudani gave all flexibility to the Finance Committee and expressed his willingness to send the advanced staff in the Ministries of Finance and Planning for the participation of the Finance Committee in its sessions that need them," noting that "the government requested a budget for three years, so there should be a serious scrutiny of all the numbers in the budget to avoid Any mistake, and we should also be keen to reduce the deficit, because all indications say that oil prices will not remain at these numbers and will decline in the coming years. 

 

And he continued, "The government has this rounded year of money and perhaps for the next year as well, and we may not have this rounded in 2025, so we must make accurate calculations for this matter, and for that the committee will add a paragraph that (the government is tasked with sending a budget for the next year with amendments to it." ) Because it is unreasonable for oil prices to change and the budget does not change.” Cougar suggested that the budget would be approved “at the end of next May.” 

 

In turn, a member of Parliament, Salem Al-Anbuge, said: "Many important points are still pending in the 2023 budget, most notably the deficit, which constitutes 33 percent of the budget's volume, which is a large number, but efforts are being made to reduce it to 20 percent in a way that gives more flexibility." Especially since the government made pledges to cover the fiscal deficit and treat it according to specific financial contexts.  

In addition, economist Haitham Al-Husseini said: The committee can squeeze "capital" expenditures in this year's budget. 

 

Al-Husseini told "Al-Sabah": "This type of expenditure includes (maintenance, kerosene, gasoline, furniture and other materials that can be reduced), especially since comparing this year's budget with its previous counterparts shows that there is an increase in the capital budget." 

 

He added, "The budget needs radical solutions to the issue of its preparation due to the presence of a lot of wasted money and accounting errors, as the budget must be restructured to be consistent with the event and the directions of the state. It is not possible to adopt the same budget that I used while I am following a socialist system in which the government has complete control over all joints." Today we are heading towards open trade. The economist suggested applying the "unified treasury" system that exists all over the world, "to know how much are the expenditures and revenues, and it is possible to know the financial movement of the amounts that are spent from anywhere in the country. Iraq must go beyond the classics in preparing its budgets and achieving the correct financial management system." In a related context, a member of the Legal Committee, Mahmoud Al-Salami, said, in an interview with Al-Sabah:

 

 

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Views 124

Added 04/26/2023 - 8:30 AM

[yota691]

Parliamentary Finance begins amending the budget: We are studying the possibility of reducing the deficit

 

money and business
   

Economy News - Baghdad
The Parliamentary Finance Committee announced, on Wednesday, that it is studying the possibility of reducing the financial deficit in the budget.

The head of the committee, Atwan Al-Atwani, said during the committee's meeting to discuss the budget, that "the committee began meetings to amend the paragraphs and articles in the budget according to its constitutional authority," pointing to "the formation of sub-committees in the committee to host executive officials to discuss and study their financial allocations to speed up the process of completing the amendments."

Al-Atwani added, "The committee is studying the possibility of reducing the financial deficit in the budget," calling on "the government to adopt productive advisory projects that contribute to supporting the national economy and enhancing non-oil revenues."

He stressed the need to support the government and empower the private sector, stressing that it is working to make the government's work a success. 

 

---

63 views

Added 04/26/2023 - 1:23 PM

[yota691]

The tripartite budget is accelerating the pace towards approval

 

April 26, 2023

Baghdad / Obelisk Al-Hadath: Today, Wednesday, the Finance Committee in the House of Representatives is scheduled to start discussing the federal general budget for the years (2023-2024-2025) and work through 3 tracks to reduce the deficit rate in it to 20 percent.

Committee member Mustafa Al-Karawi said, in a statement to the official newspaper, that “the committee begins today, Wednesday, its discussions regarding the budget,” and indicated that “the committee will go towards reducing operational budgets directly, unnecessary investment, and reducing loans.”

He expressed his hope that “such paths will help reduce the budget deficit, which is considered abnormal and could cause future economic problems for the country.”

For his part, Jamal Cougar, a member of the Finance Committee, said, according to the newspaper, that “the budget will pass and the vote on it will not be delayed, especially since not all ministers will be hosted, but rather ministers whose financial transfers will be made to and from their ministries, and this also applies to governors and others, and that This reduces the time period for approving the budget.

He added, "The committee has the power to reduce and transfer, and this is what will be worked on in order to reduce the deficit," explaining that "until now, the matter has not been resolved, as the numbers have not been checked or the concerned authorities have hosted."

He stressed that “Al-Sudani gave all flexibility to the Finance Committee and expressed his willingness to send the advanced staff in the Ministries of Finance and Planning for the participation of the Finance Committee in its sessions that need them,” noting that “the government requested a budget for three years, so there should be a serious scrutiny of all the numbers in the budget to avoid Any mistake, and we should also be keen to reduce the deficit, because all indications say that oil prices will not remain at these numbers and will decline in the coming years.”

And he continued, “The government has this rounded year of money and perhaps for the next year as well, and we may not have this rounded in 2025, so we must make accurate calculations for this matter, and for that the committee will add a paragraph that (the government is tasked with sending a budget for the next year with amendments to it.” ) Because it is unreasonable for oil prices to change and the budget does not change,” and Cougar suggested that the budget would be approved “at the end of next May.”

In turn, a member of Parliament, Salem Al-Anbuge, said: “Many important points are still pending in the 2023 budget, most notably the deficit, which constitutes 33 percent of the budget’s size, which is a large number, but efforts are being made to reduce it to 20 percent in a way that gives more flexibility.” Especially since the government has made pledges to cover the fiscal deficit and treat it according to specific financial contexts.

[screwball]

9 hours ago, yota691 said:

the budget will pass and the vote on it will not be delayed

👍

[BETTYBOOP]

This doesn't make sense to me..? Why would you do 2 readings which have been passed and then decide to discuss it to make amendments? Surely these should have been done either after the first reading or before any reading was done. Also should it not have been sent back to the ministers if there was issues? And then we have these statement saying it will pass with no issues? Seems a bit back to front foe me

[haymon]

Backward? Welcome to Iraq.

They made a three year budget because it will take three years to pass it!

[yota691]

Parliamentary Finance resumes discussion of the budget law

second and third  2023/04/27

 

 

 Baghdad: morning

 

Yesterday, Wednesday, the Finance Committee resumed discussing the draft federal budget law for the years 2023-2024-2025, studying the tables included in it, and preparing a comprehensive plan and vision for the committee’s work, in order to present and vote on the budget.

 

In a statement, the committee affirmed its keenness and commitment to continuing to hold meetings after preparing its report and reading it during the second reading of the law in the House of Representatives, diagnosing strengths and weaknesses, in addition to studying voting for three years.

The committee stressed the study of the main axes and the formation of sub-committees to host ministers and officials and listen to observations, and to expedite the discussion of the paragraphs contained in the budget law and to study and analyze all the listed tables, in order to complete an investment budget that helps implement projects and cover the actual need of the country, and support the service side.

 

The interventions focused on the importance of supporting the private sector and restarting factories, the energy import file, the possibility of reducing the deficit and making adjustments to some budget articles with the aim of increasing revenues and reducing expenditures, arranging the economic and investment impact in the spending process and strengthening the economy, by maximizing non-oil revenues, and setting related priorities. Reducing expenditures and making transfers between ministries the need.

[yota691]

A statement from the Parliamentary Finance regarding the budget meetings

2023.04.26 - 19:32

 

 

  

The Finance Committee, chaired by Mr. Atwan Al-Atwani, and the presence of its members, resumed its meetings on Wednesday 4/26/2023, to discuss the draft federal budget law for the years 2023-2024-2025, study the tables included within it, and prepare a comprehensive plan and vision for the work of the committee, in order to present and vote on the budget.  

The committee affirmed its keenness and commitment to continuing to hold meetings after preparing its report and reading it during the second reading of the law in the House of Representatives. And weakness, in addition to studying voting for three years.  

The committee stressed the study of the main axes and the formation of sub-committees to host ministers and officials and listen to observations, and to expedite the discussion of the paragraphs contained in the budget law and to study and analyze all the tables listed, in order to complete an investment budget that helps implement projects and cover the actual need of the country, and support the service side.  

The interventions focused on the importance of supporting the private sector and restarting factories, the energy import file, the possibility of reducing the deficit and making adjustments to some budget articles with the aim of increasing revenues and reducing expenditures, and arranging the economic and investment impact on the spending process and strengthening the economy, by maximizing non-oil revenues, and setting priorities. Related to reducing expenses and making transfers between ministries as needed.  

The observations also included an emphasis on re-working on projects lagging behind with the executive authorities, the compensation file, receiving all the observations, studying them and submitting a report on them, in addition to addressing the conditions of the categories whose contracts were terminated in the defense, interior and others, and finding appropriate solutions for them.  

The Finance Committee added that it undertakes to support service programs according to a clear vision and strategic plan for the exchange gates, raising the country’s imports through tax outlets and secretariats, and automating them, and reviewing the petro-dollar fund project to support oil-producing governorates, develop infrastructure, and service and ministerial projects.  

[yota691]

Details of the meeting hosting the Parliamentary Finance of the Minister of Planning regarding the federal budget

• Time: 04/27/2023 15:53:52
•  
• Read: 117 times

  

 

 

Parliamentary Finance discusses with the Minister of Planning the Federal General Budget Law 

 

Chairman of the Finance Committee: It is necessary to review the course of the budget and its investment aspects for the sake of sustainable development and the preservation of the country's public money

 

Parliamentary Finance confirms its intention to complete its discussions and expedite its submission for a vote in the House of Representatives

 

The Minister of Planning stresses the importance of the accuracy of the provisions of the budget law to preserve public money

[yota691]

Parliamentary Finance announces a review of the draft petro-dollar fund in the budget law

• Time: 04/26/2023 19:33:09
•  
• Read: 2,509 times

  

{Politics: Al-Furat News} The Finance Committee headed by Atwan Al-Atwani and the presence of its members resumed its meetings, today, Wednesday, to discuss the draft federal budget law for the years 2023-2024-2025, study the tables included within it, and prepare a comprehensive plan and vision for the work of the committee, in order to present and vote on the budget .

 

The committee confirmed, in a statement that {Euphrates News} received a copy of: "its keenness and commitment to continue holding meetings after preparing its report and reading it during the second reading of the law in the House of Representatives," adding, "developing an action plan and program, to complete the discussion of the law and listen to all proposals, as it represents The real hinge in state administration is to advance the country's reality, face challenges, and diagnose strengths and weaknesses, in addition to studying voting for three years."
The committee emphasized "studying the main axes and forming sub-committees to host ministers and officials and listen to observations, and speed up the discussion of the paragraphs contained in the budget law and study and analyze all the tables included, in order to complete an investment budget that helps implement projects and cover the actual need of the country, and support the service side."
The interventions focused - according to the statement - on the importance of supporting the private sector, restarting factories, the energy import file, the possibility of reducing the deficit and making adjustments to some budget articles with the aim of increasing revenues and reducing expenditures, and arranging the economic and investment impact on the spending process and strengthening the economy, by maximizing non-oil revenues. And setting priorities related to reducing expenditures and making transfers between ministries as needed.
The observations also included an emphasis on "re-working on projects lagging behind with the executive authorities, the compensation file, receiving all observations, studying them and submitting a report on them, in addition to addressing the conditions of the categories of whose contracts have been terminated in the defense, interior and others, and finding appropriate solutions for them."
The Finance Committee added that it "holds it upon itself to support service programs according to a clear vision and strategic plan for the exchange gates, raising the country's imports through tax outlets and secretariats, and automating them, and reviewing the petro-dollar fund project to support oil-producing governorates, develop infrastructure, and service and ministerial projects."

[yota691]

Parliamentary Finance confirms the continuation of its meetings until the budget is ripe and its matter is resolved

Iraq

09:13 - 2023-04-27

 

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed that the committee will continue its meetings throughout the week until the budget is ripe and its matter is resolved.

The media office of Al-Atwani said in a statement, “The Parliamentary Finance Committee, after the end of the Eid holiday, held a meeting chaired by Atwan Al-Atwani, marking the resumption of discussion sessions and amending the country’s general budget, as it was decided that the committee’s meetings would be on a daily basis throughout the week except for Friday in order to ripen the budget and amendment law.” According to the powers granted by the constitution, in addition to preparing a special schedule for hosting ministers and executive officials to view the allocations for government institutions and their needs in a way that contributes to enabling them to perform their mission in serving citizens and implementing the government program.

He added, "We renew our support for the government within the framework of implementing its government program, and we look forward to having a real investment program capable of achieving sustainable development." He stressed the need for the government to attach

utmost importance to the file of developing and supporting the private sector in order to absorb unemployment and provide job opportunities for graduates, qualified and middle cadres. Stressing the importance of adopting a program to establish productive investment projects to enhance non-oil revenues and avoid adopting oil as the main financier of the budget.

[screwball]

stonewalling relax!😉

[horsesoldier]

2 hours ago, screwball said:

stonewalling relax!😉

Too Right with a solid dose of sandbagging and a smooth side shuffle of foot dragging.

After 20 years ( many of us had their number long ago ), they've become so predictable.

[screwball]

1 hour ago, horsesoldier said:

Too Right with a solid dose of sandbagging and a smooth side shuffle of foot dragging.

After 20 years ( many of us had their number long ago ), they've become so predictable.

as i said i dont think they will chnage rate until crash and reset....all their debts will be wiped..

[yota691]

A new comment from the Minister of Finance regarding the “salary scale”

2023.04.27 - 17:05

 

Baghdad - people  

Today, Thursday, the Ministry of Finance denied statements attributed to Minister Taif Sami regarding amending the new salary scale law.  

  

  

  

And the ministry stated in a statement, which “NAS” received a copy of (April 27, 2023), that “some media platforms circulated misleading statements attributed to Finance Minister Taif Sami Muhammad regarding amending the new salary scale law, which claims to confirm that the salary scale is not true, but rather a talk in the media.” Just".  

  

And she added, "In this regard, the Ministry of Finance confirms its denial of these statements, and that everything that is being circulated is false news from websites and platforms whose purpose is to confuse and mislead public opinion."  

  

And she continued, "The issue of amending the salary scale is one of the powers of the committee formed by the Diwani order, and it is the only authority authorized to consider amending the law, not the Ministry of Finance, as it is an executive body only."  

  

The Ministry noted, "We call upon the professional media to be accurate and take into account credibility in transmitting news and statements, and to adopt accurate information from its official sources."  

[yota691]

'below 400 million'

The Ministry of Finance postpones the payment of debts of peasants and farmers for two years

2023.04.27 - 23:43

 

Baghdad - people  

Today, Thursday, the Ministry of Finance issued a decision regarding government debts owed by peasants and farmers.  

  

  

According to a document obtained by “NAS” (April 27, 2023), “the Minister of Finance decided to postpone the collection of government debts, for a period of two years, owed by farmers and farmers wishing to postpone the payment of loans, which does not exceed (400) million dinars from the loans of the Agricultural Bank and the Agricultural Initiative.” In all governorates, these debts do not transfer any interest during the postponement period.  

  

[yota691]

Parliamentary Finance: Next week, we will host 5 ministers for budget discussions

---

14:48  2023-04-27  53  Policy 0

 

A member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed today, Thursday, that 5 ministers will be hosted next week to discuss the mechanisms for distributing projects and passing the budget.

Al-Karawi said, in a press statement, followed by the insider, that: “The pace of movement around the 2023 budget will escalate at the beginning of next week, and 4-5 ministers, including Finance and Planning, will be hosted by the Finance Committee in order to develop a narrative on some items of the 2023 budget, which is the largest in terms of the amount of money.” assigned to it.”

And he added, “The file of the fiscal deficit is still a real source of concern for us, with its high percentage compared to the budget, and all efforts are directed towards reducing it significantly, with the need to pay attention to the borrowing file, whether internally or externally, to avoid pressure in terms of accumulating interest debts.”

And he pointed out that “the next two weeks, the picture will be clearer regarding a number of important points in terms of the entitlements of the segments, the financing of the governorates, and the size of the fiscal deficit.”

[6ly410]

Member of Parliamentary Finance: Most members of parliament support the amendment of the salary scale

Economy News Agency - Member of the parliamentary finance: the majority of members of parliament in favor of amending the salary scale (economy-news.net)

   

---

Economy News - Baghdad

The parliamentary finance committee confirmed on Friday that most members of parliament support amending the salary scale.

A member of the committee, MP Mustafa al-Karaawi, said that "the Council of Ministers and the committee assigned under the Diwani Order 24 are concerned with the file of the new salary scale of employees."

He added, "Most MPs support the amendment of the salary scale, considering that it is supposed to achieve social justice, reduce disparities between ministries, and contribute to stopping migration from ministries with little allocation to high allocation."
 

30 Hits

Added 2023/04/28 - 8:21 PM

[6ly410]

Parliamentary Finance: The new salary scale is an economic risk and a proposal to increase the lower grades only - urgent

Economy | Today, 21:02 | 

    Parliamentary Finance: The new salary scale is an economic risk and a proposal to increase the lower grades only- Urgent » Baghdad Today News Agency

 

Baghdad Today - Baghdad

Mustafa al-Karaawi, a member of the parliamentary finance committee, warned of an "economic risk" by approving the new salary scale before studying and discussing it widely.

Al-Karaawi said in a televised statement this evening: "What leaked in the media from the tables of the proposal for the new salary scale, it will add 10 to 11 trillion dinars in the financial budget, so this must be studied carefully, as it is an economic risk for the future of the country, which depends on oil rents by a large percentage."

He stressed that "the amendment of the salary scale needs to be studied and discussed and there is no decision on it so far," pointing to "other proposals and solutions, including raising the salaries of the lower grades only, not all grades."

Al-Karaawi pointed out that "the Finance Committee will host tomorrow, Saturday, the Ministers of Labor and Education during the budget discussion," denying "the existence of any obstacles in the draft law and we are working to ensure an increase in non-oil imports in addition to reducing spending."

Mazhar Mohammed Saleh, financial adviser to the prime minister, confirmed on Thursday that the salary scale law was referred by the Council of Ministers years ago, noting that it "needs a political consensus to pass."

Saleh told Baghdad Today that "the law discusses salaries in two directions, the first is to do justice to junior employees and retirees with increases that guarantee the minimum living limits exclusively only, and the other is to change high salaries towards setting limits for them, especially those that were enacted with a number of laws after 2003 or privileges granted to some without others of the same job grade."

"This requires political consensus and a major disengagement because it is a (radical) measure that requires setting a certain limit on job grade limits," he said.

[WheresmyRV?]

Early june will come and they will still be discussing the budget.  Them people are plain unreal.