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

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Parliamentary Finance intensifies its meetings to reach the final version of the federal budget..in Bulletin 4

Al-Iraqiya News Channel HD

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Parliamentary finance is close to ending the budget discussions

The first  2023/05/13

 

 

 Baghdad: Muhannad Abdel Wahhab 

 

The Finance Committee in the House of Representatives is close to finalizing the discussions of the paragraphs of the general budget, as it has come a long way by hosting the relevant ministries and institutions, confirming its endeavor to increase the allocations for the development of regions in the governorates within the draft budget.

The second vice-chairman of the Finance Committee, Ikhlas Al-Dulaimi, told Al-Sabah: "The budget discussions have reached advanced stages, after the committee hosted most of the ministries and institutions, of which only a few are left."

 

And she stated, “The committee reached a vision that it is very difficult to reduce the amount of spending in it, as we found real spending that the state needs because of the obligations or financial sums it incurred due to exceptional circumstances, from demonstrations and other major problems, in addition to the fact that launching appointments added large financial burdens.” on her". 

 

She explained, "The size of the budget has reached 198 trillion dinars, and it is very difficult to reduce it, but we are trying to address the deficit imbalance by maximizing state revenues and setting texts to achieve collection, as our non-oil revenues are not at the level of ambition, and we need to support and organize revenues in order to match oil revenues or in The lowest is at a reasonable rate in the budget, and it is not at this very small percentage.” 

 

Al-Dulaimi added, "The Finance Committee's direction is to support the families of the martyrs because their budgets are few and do not rise to the level of ambition, especially those who were martyred in recent years during the war with (ISIS) until the present time." May 17 is the preliminary date for voting on the budget, and she confirmed that "the committee will proceed with approving the budget as soon as possible, because the Iraqi street is waiting for the door of spending to be opened to change the difficult living conditions it is going through."

 

 For his part, a member of the Finance Committee, Mueen Al-Kazemi, explained to “Al-Sabah” that “the committee appreciates the need of the provinces, and in appreciation of the good performance of some governors, there is a tendency to increase the development of the regions from 2 trillion and 500 million to 4 trillion dinars, taking into account that the budget Emergency support was disbursed to the governorates at the beginning of this year 2023, and much of it has not been spent yet," revealing that "

 

 Edited by: Muhammad Al-Ansari

[yota691]

Parliamentary finance is close to ending the budget discussions

2023.05.13 - 09:16

 

Baghdad - people  

The Finance Committee in the House of Representatives is close to finalizing the discussions of the paragraphs of the general budget, as it has come a long way by hosting the relevant ministries and institutions, confirming its endeavor to increase the allocations for the development of regions in the governorates within the draft budget.  

  

  

The second vice-chairman of the Finance Committee, Ikhlas al-Dulaimi, said in an interview with the official newspaper, followed by “Nass” (May 13, 2023), that “the budget discussions have reached advanced stages, after the committee hosted most of the ministries and institutions, of which only a few are left.”  

  

And she stated, “The committee reached a vision that it is very difficult to reduce the amount of spending in it, as we found real spending that the state needs because of the obligations or financial sums it incurred due to exceptional circumstances, from demonstrations and other major problems, in addition to the fact that launching appointments added large financial burdens.” on her".  

  

She explained, "The size of the budget has reached 198 trillion dinars, and it is very difficult to reduce it, but we are trying to address the deficit imbalance by maximizing state revenues and setting texts to achieve collection, as our non-oil revenues are not at the level of ambition, and we need to support and organize revenues in order to match oil revenues or in The lowest is at a reasonable rate in the budget, and it is not at this very small percentage.”  

  

Al-Dulaimi added, "The Finance Committee's direction is to support the families of the martyrs because their budgets are few and do not rise to the level of ambition, especially those who were martyred in recent years during the war with (ISIS) until the present time." May 17 is the preliminary date for voting on the budget, and she confirmed that "the committee will proceed with approving the budget as soon as possible, because the Iraqi street is waiting for the door of spending to be opened to change the difficult living conditions it is going through."  

  

For his part, Moein Al-Kazemi, a member of the Finance Committee, explained in a statement to the same newspaper, “The committee appreciates the needs of the governorates, and in appreciation of the good performance of some governors, there is a tendency to increase the development of the regions from 2 trillion and 500 million to 4 trillion dinars, taking into account that the budget Emergency support was disbursed to the governorates at the beginning of this year 2023, and not much has been spent so far.  

  

He revealed that "the governors have nearly 8 trillion dinars, distributed and not yet used, in addition to the rest of the sums of previous years, so the provinces have a great opportunity to complete projects and not keep the money circulating."  

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"Finance" hopes to reduce the deficit by 18 trillion dinars, so that the total budget becomes 180 trillion

2023-05-13 07:55

 

 

Shafaq News / The Finance Committee in the Iraqi Parliament indicated, on Saturday, new figures for the fiscal deficit and the value of the total budget, while confirming that the approval of the draft law will take place within the next few days.

 

A member of the committee, Mueen Al-Kadhimi, told Shafaq News agency, "The House of Representatives will vote on the general budget law in the coming days, after the Parliamentary Finance Committee finishes preparing its final report, after which the government will start implementing its government program in early June."

 

Al-Kazemi added, "We in the Parliamentary Finance Committee hope that there will be a possibility to reduce the budget deficit rate of 64 trillion dinars, by increasing revenues and reducing unnecessary expenditures, especially since the remaining period of this year is seven months, and it is certain that many things cannot be done." disbursed in a short period of time.

 

The member of the Finance Committee indicated that the committee worked to reduce the deficit to about 18 trillion dinars by reducing and compressing operating expenses, so that the total deficit in the budget would be 46 trillion, instead of 64, and thus the total amount of the general budget would be 180 trillion dinars.

 

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, 2025).

 

On Tuesday, the ninth of May, the committee announced that the size of the operating budget in the 2023 budget, which has not yet been approved by the Iraqi parliament, amounts to approximately 133 trillion dinars. The State Administration Coalition formed by the government of Muhammad Shia’ al-Sudani set May 17 as the initial date for voting on the tripartite budget (2023-2024-2025).

[yota691]

Parliamentary Finance: It is very difficult to reduce the budget

money and business
   

Economy News - Baghdad
The second deputy head of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, said, on Saturday, that the budget discussions have reached "advanced stages", after the committee hosted most of the ministries and institutions, of which only a few remained.

Al-Dulaimi stated, "The committee has reached a vision that it is very difficult to reduce the amount of spending in it, as we found real spending that the state needs because of the obligations or financial sums it incurred due to exceptional circumstances, such as demonstrations and other major problems, in addition to the fact that launching appointments added burdens." Big money for it.

She explained, "The size of the budget has reached 198 trillion dinars, and it is very difficult to reduce it, but we are trying to address the deficit imbalance by maximizing state revenues and setting texts to achieve collection, as our non-oil revenues are not at the level of ambition, and we need support and regulation of revenues in order to match oil revenues or At least, it will be at a reasonable rate in the budget, and not at this very small percentage.

Al-Dulaimi added, in an interview with the official newspaper, that "the Finance Committee directed towards supporting the segment of the families of the martyrs because their budgets are few and do not rise to the level of ambition, especially those who were martyred in recent years during the war with (ISIS) to the present time."

While she referred to the meeting of the State Administration Coalition, which set May 17 as the initial date for voting on the budget, she stressed that "the committee will proceed with approving the budget as soon as possible, because the Iraqi street is waiting for the door of spending to be opened to change the difficult living conditions it is going through." 

 

 

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Added 05/13/2023 - 10:44 AM

[DWS112]

Parliament Finance announces the completion of the discussion of budget items

May 13, 2023

 

Today, Saturday, the Finance Committee in the Iraqi Parliament announced the completion of the discussion of the items of the draft federal budget law.

A statement of the committee, received by Alsumaria News, stated that it "continued its meetings through the sub-committees for reading the items and following up the schedules on Saturday 5/13/2023, in preparation for submitting them to a vote, stressing the need to follow up on the exchange authorities after approving the budget in accordance with the legal frameworks, to come up with a result that meets the aspirations of the Iraqi people, as it directly affects the lives of citizens.”

The special committee for studying the items, according to the statement, completed "reading the legal texts contained in the budget and presenting visions and ideas in order to maximize the revenues of the public treasury of the state, in addition to discussing the allocations of the vehicle fees law for the maintenance of roads and bridges, distributing the amounts according to the spending authorities, and estimating the revenues, stressing the importance of the approach." Towards supporting the private sector and encouraging national industries to employ the labor force and eliminate unemployment through setting legal paragraphs and texts that support the national product within the budget.

The committee "checked the listed tables to study the amounts allocated for service and commodity supplies and special programs, the amounts of electricity and water fees, and the import of gas, as well as the allocations for the school feeding program, and discussed them scientifically and expressed views to ensure that they reach their places, and hosted those concerned in this regard."

And she stressed, "its keenness to adhere to the accuracy of making transfers between spending units, and transferring funds as needed, with knowledge of all exchange chapters contained within the schedules of the Federal General Budget Law, and stressing increasing the allocations of poor governorates for the implementation of service projects."
 

[Laid Back]

A statement of the committee, received by Alsumaria News, stated that it "continued its meetings through the sub-committees for reading the items and following up the schedules on Saturday 5/13/2023, in preparation for submitting them to a vote, stressing the need to follow up on the exchange authorities after approving the budget in accordance with the legal frameworks, to come up with a result that meets the aspirations of the Iraqi people, as it directly affects the lives of citizens.”

 

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Parliamentary hosting of the Minister of Health

• Time: 05/14/2023 12:04:38
•  
• Read: 871 times

  

{Local: Al Furat News} Today, Sunday, the Parliamentary Finance Committee hosted the Minister of Health, Saleh Al-Hasnawi.

A statement by the parliament's media department, which was received by {Euphrates News}, stated that "the Parliamentary Finance Committee hosted the Minister of Health, Saleh Al-Hasnawi."

He added, "The hosting came in order to discuss the Ministry of Health's budget."

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Minister of Finance: The salaries of employees, retirees, and protection will not be affected in the budget

• Time: 05/14/2023 12:44:16
•  
• Read: 1,703 times

  

{Economic: Al Furat News} The Minister of Finance, Taif Sami, confirmed that the salaries of employees and retirees and social protection in the financial budget will not be affected.

Sami said in a press statement: "The file of re-terminated contracts has been included in the 2023 budget, and it is possible to make changes to the 2024 and 2025 budgets."
"We are continuing to install contract holders for those who have two years of service," she said.
And the Minister of Finance indicated, "It is not possible to increase the spending limit or set texts that cost the treasury more than the budget ceilings."

[yota691]

Parliamentary Finance announces the hosting of three ministers

Economy

12:37 - 2023-05-14

 

Today, Sunday, the Parliament Finance Committee announced that it will host three ministers to discuss the requirements and obligations of their ministries.

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement, "The committee is hosting today the ministers of electricity, health and defense."

He added, "The hosting came to discuss the requirements and obligations of these ministries, and to review the file of allocations for each ministry and its development plans."

[yota691]

The Minister of Finance confirms that the salaries of employees and retirees and social protection in the budget will not be affected

Economy

13:32 - 2023-05-14

 

Today, Sunday, the Minister of Finance, Taif Sami, confirmed that the salaries of employees, retirees, and social protection will not be affected, while noting that the file for re-terminated contracts is included in the 2023 budget

. The current year is the basis, and it is possible to amend it in the other two years (2024 and 2025), by the Ministers of Finance and Planning, and submitting it to the Council of Ministers for consideration and sending it to the House of Representatives for ratification.

And she explained, “The budget for the years 2024 and 2025 cannot pass without obtaining the approval of the Prime Minister and the House of Representatives,” indicating that “until now, the budget ceilings set by Parliament have not been determined according to the constitution, as it has the power to transfer or reduce the total budget after informing the Prime Minister for implementation.” ".

[yota691]

A detailed talk from the Minister of Finance regarding the budget, salaries, and those whose contracts have been terminated

 

money and business
   

Economy News - Baghdad
Minister of Finance, Taif Sami, confirmed, on Sunday, that the salaries of employees and retirees and social protection would not be affected, while noting that the file for re-terminated contracts was included in the 2023 budget.

Sami said, during an interview with a number of media outlets, that "the budget law will be approved for three years," indicating that "the budget for the current year is the basis and it is possible to amend it in the two years (2024 and 2025), by the Ministers of Finance and Planning and submitting it to the Council of Ministers for consideration and dispatch." House of Representatives for approval.

And she explained, “The budget for the years 2024 and 2025 cannot pass without obtaining the approval of the Prime Minister and the House of Representatives,” adding that “until now, the budget ceilings set by Parliament have not been determined according to the constitution, as it has the power to transfer or reduce the total budget after informing the Prime Minister for implementation.” ".

And she continued, "It is not possible to increase the spending limit or put in place texts that cost the state treasury more than the specified ceilings, since this is subject to planning and according to the size of the deficit."

 

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Added 05/14/2023 - 1:54 PM

[yota691]

Vote on the budget within days

Iraq  2023/05/15

 

 

 Baghdad: Shaima Rashid 

And Muhannad Abdel Wahab

 

The Parliamentary Finance Committee continues its meetings to finalize the draft budget, hoping that its draft will be completed by the end of this week as a maximum, so that a vote on it will take place on the 25th of May, amid expectations that the deficit included in it will remain and be satisfied with making transfers, at a time when deputies demanded fairness in the central and southern governorates in the budget.  

 

A member of the Finance Committee, Jamal Cougar, told Al-Sabah: “The budget deficit is planned and not real, because it is a financial plan for one year,” noting that “there are two approaches within the committee; The provinces and ministries through transfers, and the second direction is that there should be a reduction in the deficit and the transfer procedure. 

 

Cougar believes that the budget amount will remain the same and go to the option of transfers, according to the reasons he specified by saying: “All practical indicators say that oil prices this year will be between 70 and 80 dollars, and therefore our resources will remain the same, and the second indicator is that - through our study For all previous budgets - the government's completion rate did not reach, and the spending did not exceed 80%, and therefore if implementation does not exceed this matter, 20% of the budget will reduce the real deficit, and originally there will be no real deficit," explaining that "the approval of the budget was long delayed, The government will not be able to spend all the budget during the remaining period.

 

And he continued: “With regard to the deficit in the next two years, this budget will be a budget for one year in terms of schedules, and as schedules, the government is mandated to provide schedules for future budgets, and the government will not have a budget in 2024 without sending schedules to it, and the same is the case for the 2025 budget, indicating that the “finance committee In order to avoid the planned deficit in the budget for the coming years, it will go to the option of adding two restrictions. The first is that this deficit is related to the 2023 budget, and the second restriction is that the government must send next year’s budget schedules at the end of it, and the same applies to the 2025 budget.

 

Regarding the date for its approval, Cougar said, "(The State Administration Coalition) set May 17 as a preliminary date for voting on it, but we believe that May 25 is an appropriate period for its approval."

 

And Deputy Speaker of the House of Representatives, Shakhwan Abdullah, announced yesterday, Sunday, that the vote on the federal budget law will take place this week.

In addition, a member of the Parliamentary Oil and Gas Committee, Ali Al-Mashkoor, told Al-Sabah: “The budget situation with this amount of deficit will not pass easily, and therefore the Finance Committee went to host all ministers, officials, governors, and local administrations in order to legalize and reduce this deficit.” He warned that a deficit in this way would put the federal government in a "financial dilemma," as he put it.

 

At the same time, he stressed, "Supporting the government of Prime Minister Muhammad Shia'a al-Sudani by reducing the budget deficit, even if it is at the expense of some ministries or provinces."

 

In turn, Representative Alaa Al-Haidari said, in an interview with "Al-Sabah", that "there is a great injustice for the central and southern governorates in the budget, and there will be a position for the central and southern deputies, specifically the Basra governorate, which is Iraq's economic basket, and 93% of the budget's imports are from the Basra governorate, and we hope From the brothers in the Finance Committee, and with the support of all deputies, the fairness of the central and southern governorates.

 

Meanwhile, the Minister of Finance, Taif Sami, said, during her hosting of the Parliamentary Finance Committee, yesterday, Sunday: “The file for returning those whose contracts were terminated was included in the 2023 budget,” and pointed out that “the salaries of employees, retirees, and social protection will not be affected,” and she added: “We are continuing By installing contract holders for those who have two service cents.

 

Edited by: Muhammad Al-Ansari

[yota691]

Parliamentary Finance: The government will not be able to spend all of the budget due to its long delay

• Time: 05/15/2023 07:43:08
•  
• Read: 1,586 times

  

{Economic: Al Furat News} A member of the Parliamentary Finance Committee ruled out the government's ability to spend all the financial budget during the remaining period.

A member of Jamal Cougar said, in a press statement, that: “The budget deficit is planned and not real, because it is a financial plan for one year,” noting that “there are two approaches within the committee; Through transfers, as for the second approach, with a decrease in disability and a transfer procedure. 
Cougar believes that the budget amount should remain the same and go to the option of transfers, according to the reasons he specified by saying: “All practical indicators say that oil prices this year will be between 70 and 80 dollars, and therefore our resources will remain the same, and the second indicator is that - through our study For all previous budgets - the government's completion rate did not reach, and its spending did not exceed 80%, and therefore if implementation does not exceed this matter, 20% of the budget will reduce the real deficit, and originally there will be no real deficit.
He pointed out, "The approval of the budget was long overdue, and the government will not be able to spend all of the budget during the remaining period."
And he continued, "With regard to the deficit in the next two years, this budget will be a budget for one year in terms of schedules, and as schedules, the government is mandated to provide schedules for future budgets, and the government will not have a budget in 2024 without sending schedules to it, and the same applies to the 2025 budget."
And he stated, “The Finance Committee, in order to avoid the planned deficit in the budget for the coming years, will go to the option of adding two restrictions to it. The first is that this deficit is related to the 2023 budget, and the second entry is that the government must send the next year’s budget schedules at the end of it, and the same applies to the 2025 budget.” .
The Parliamentary Finance Committee continues its meetings to finalize the draft budget, hoping that its draft will be completed by the end of this week as a maximum, so that a vote on it will take place on May 25, amid expectations that the deficit listed in it will remain and be content with transfers, at a time when deputies called for fairness in the central and southern governorates in the budget.

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Parliamentary finance begins to dismantle the budget items

• Time: 05/15/2023 08:47:58
•  
• Read: 1,716 times

  

{Economic: Al Furat News} The Parliamentary Finance Committee held a meeting, on Sunday evening, regarding the completion of the Federal General Budget Law for the fiscal years 2023-2024-2025, and to present its proposals.

At the beginning of the meeting, the committee proceeded, according to a statement by the Parliamentary Media Department, to "read the items of the budget and the first article related to revenues, selling oil at a price of (70) dollars per barrel, and the second article related to operational and investment expenses, the deficit and project ratios."

And the Parliamentary Finance conducted "detailed discussions on the budget, stressing the need to analyze the items and paragraphs contained that determine the expected spending and revenues for the government and speed up their completion within a specific period of time."

[yota691]

Increase in employee compensation account'

Including appointments.. Minister Taif Sami speaks in numbers about the budget law

2023.05.15 - 18:37

 

Baghdad - Nas   

Today, Monday, the Minister of Finance, Taif Sami, detailed the draft federal budget law, and while she indicated that it included fixing contracts and creating grades for holders of higher degrees and whose contracts were terminated, she clarified the mechanism for financing the deficit.  

  

  

Sami said in a statement to the official agency, followed by "NAS", (May 15, 2023), that "the current year's budget included an increase in the employee compensation account by (6.6) trillion dinars over the previous year's expenses, with the exception of (Kurdistan region)."  

  

She added, "The increase came for several reasons, including:  

1- Confirmation of contracts, the number of which is (394,656) contracts for those who have two years of service or more. They were fixed on the permanent owners of various ministries, governorates, and entities not associated with a ministry, as the treasury bore for some of them (the allocation difference), which amounted to (1.119) trillion dinars, with (237439) fixed. A contract for all self-financing departments.  

2- Appointing the politically dismissed (6910) degrees that were introduced within the budget law for the year 2023.  

3- Introducing (138,818) scores for the termination of their contracts for all security agencies whose procedures were not completed in 2019, as what was included during the year 2019 was almost half the number and due to the lack of a budget for the year 2020 and the House of Representatives in 2021 reducing the employee compensation account, while not including a law Food security cost the dependents only 300 billion dinars, which were granted to the Popular Mobilization Authority due to the shortage in the allocations of their canceled contracts for the year 2021. The costs of (6) months were included for (138.818) degrees for the security authorities to be able to conduct security audits and examinations and return them after the approval of the draft budget law Federal General Assembly for the year 2023, at a cost of 988 billion dinars.  

4- The cost of daily wage earners who have been converted into contracts and who are not included in the confirmation, amounting to (38,756) for all state departments (centrally funded and self-financed), at a cost of (2.697) trillion dinars, including the costs of contracts that were transferred to the employee compensation account for those who were appointed instead of wage allocations contractors.  

5- It was assigned to appoint the first and holders of master’s and doctorate degrees, who numbered (70,697) degrees for central finance departments and (4031) degrees for self-financing departments, so that their total numbers would be (74,728) degrees, and those distributed by the Federal Public Service Council were (43,728) degrees, and the remaining (31000) degrees, the Service Council, after taking the fundamental approvals, will open the electronic platform to receive the remaining numbers, as the financial costs of all the numbers listed according to the budget law is 811 billion dinars, and in order for the departments to be able to direct those who have been appointed and with detailed tables because their allocations are included in the security law The food for the month of 1 is 75 billion dinars. Detailed lists are required that include (grade, name, job title, appointment order, date of commencement, amount of salary, retirement contribution, and all allocations from the date of commencement to the end of the year).  

Deficit financing mechanism
Sami stated, “The mechanism for financing the deficit contained in the budget law is through internal borrowing and the revolving balance from (years 2022 to 2023) and from the rise in export prices of crude oil, or through pressure in spending and rationalization of expenditures, according to the following:  

  

5 trillion dinars of local bonds.  

3 trillion dinars borrowing from government banks.  

23 trillion dinars, a rounded balance in the account of the Ministry of Finance.  

23 trillion dinars as a legal reserve discount at the Central Bank of Iraq.  

9.9 trillion dinars, foreign and local loans to finance investment projects.  

And she indicated, “This is contingent on the event that the exported crude oil prices continue according to what is currently established in the draft federal budget law,” explaining that “if the barrel prices reach (83) dollars at the end of the year, the deficit will be covered from the above price difference.”  

Planning budgets
and confirmed that "the self-financing departments are within the authority of the Minister of Finance, who approved them based on the provisions of Article (45) First of the Financial Management Law No. 6 of 2019," pointing out, "The delay in approving these budgets is because the final accounts of these budgets have not been approved." Departments for the year 2022 by the Bureau of Financial Supervision, due to the failure to complete them by the self-financed departments and their closure, and to answer the inquiries directed by the Bureau of Financial Supervision indicating the accounts of these departments.

investment projects
And she continued, “Determining new investment projects is the prerogative of the Ministry of Planning, and after knowing the ceilings that the House of Representatives will approve after enacting the Federal General Budget Law for the year 2023, by issuing decisions by the Minister of Planning according to the authority vested in him to include ongoing and new projects in the event that the allocation is kept from Before the House of Representatives,” pointing out, “the draft budget law included government program projects, which are:   

 147 billion dinars to rehabilitate 10 hospitals.  

 400 billion dinars for the sea water desalination project in Basra.  

600 billion dinars to implement the first phase of the fourth ring road.  

303 billion dinars for the infrastructure project in Diwaniyah.  

107 billion dinars for studies, designs and consultations for the first phase of the giant petrochemical project.  

280 billion dinars for the rehabilitation and maintenance of power plants with manufacturers.  

330 billion dinars to equip 150 conversion stations for next summer.  

1000 billion dinars to establish the Iraq Development Fund to improve the attractive environment and launch sustainable economic and social development, and specialized funds branch out from it.  

500 billion dinars for the Reconstruction Fund for the poorest governorates.  

And the Minister of Finance stated, “The draft budget law includes special programs for the government program within operating expenses, which are as follows:  

650 billion dinars to increase those covered by social care.  

150 billion dinars to increase the salaries of the full-time appointed.  

200 billion dinars to improve medical treatment services in cardiovascular surgery centers.  

200 billion dinars to improve health services in cancer treatment centers.  

435 billion dinars for the management and operation program of 5 new hospitals in the health departments (Babylon / Najaf / Dhi Qar / Basra).  

150 billion dinars for health services covered by health insurance.  

448 billion dinars to cover the deficit in the purchase of imported medicines.  

600 billion dinars for service and engineering effort.  

325 billion dinars for the rehabilitation and maintenance of power stations by GE.  

325 billion dinars for the rehabilitation and maintenance of power stations by Electric International Inc.  

10 billion dinars to launch the agricultural card.  

Fees and fees for services And
Sami confirmed that “the Federal General Budget Law included in Article (23, Paragraph I), the continuation of budgets by imposing fees and fees for services devolving (70 percent) to them (to the budget), and 30 percent to the state’s general treasury,” explaining that “the budget law The general state guarantees the allocation of (50 percent) of the revenues of the border crossings to the revenues of the governorates to provide services, implement investment projects, and reconstruct the border crossings or ongoing projects.  

The share of the state treasury
stated, “It is expected that 3 trillion dinars will be transferred from the share of the oil companies’ profits to the state treasury, or it will remain registered in the records of the companies of the Ministry of Oil in the event that the Ministry of Finance does not finance the costs of producing the exported crude oil or reduce these costs by the House of Representatives.” Because they are considered salaries and operating costs for those companies," pointing out, "the cost of oil production for oil extraction companies amounts to 2.6 trillion dinars."  

The share of non-oil companies,

and the Minister of Finance pointed out that “300 billion dinars have been allocated to public non-oil companies (the financial sector and agricultural companies … etc.), since the majority of the public companies of the Ministry of Industry and Minerals and the companies of the Military Industrialization Authority are losers and receive grants from the public treasury to pay Salaries of more than (2.2) trillion dinars,” explaining that “self-financed service departments such as directorates (water / sewage / Baghdad Municipality / Olympic Committee / Paralympic Committee / House of Wisdom and municipal institutions) receive salaries and operating expenses from the government estimated at (2, 4) One trillion dinars annually.  

She pointed out, "The collection wages and fees are still very low, and the governorates and their councils refuse to increase them, on the pretext that they burden the citizen, in addition to the failure to achieve the actual collection of these wages and fees." To the Ministry of Electricity out of (150) trillion dinars total operating expenses, which are (the wages of a local investor / importing energy / Iranian gas / wages of central financing departments, salaries of employees of companies / maintenance expenses of power stations / Basra gas / local fuel supplied by the Ministry of Oil for power stations).  

Economic forecasts
And Sami confirmed, "The economic forecasts and statistical tables show spending estimates for the medium term and oil and non-oil revenues for the medium term, as well as the public debt report, the volume of internal and external indebtedness, what has been paid and what remains of it, and we enclose a copy of it."  

Foreign trade
and stated, "With regard to the analysis of the foreign trade sector, it is the prerogative of the Ministry of Commerce to present and raise it with the draft law by the Ministry of Economy's Council, which has not been sent yet."  

The percentage of state institutions and governorates from the budget,

and the Minister of Finance confirmed, “The percentage of state institutions and governorates from the budget according to each sector:  

Current spending constituted (75.82) percent of the country's total.  

As for investment spending, it constituted (24.23) percent of the country's total.  

Contribution of all sectors to the country's total.  

And she indicated, “The percentage of the contribution of all sectors to the total state was as follows:  

Security and defense sector 14.73 percent.
Education sector 7.64 percent.
Energy sector 19.52 percent.
Health sector 4.83 percent.
The services sector is 15.87.
Central public administrations sector 7.04 percent.
Local administrations sector 11.74 percent.
The water, sewage and sanitation sector 0.33 percent.
The sector of internal and external indebtedness, and the interest arising from it, is 10.29 percent.
The transport and communications sector 1.74 percent.
Agriculture sector 1.58 percent.
The industrial sector, 0.81 percent.
The construction and housing sector 2.65 percent.
Youth and sports sector 1.23 percent.  

She indicated, "The 2023 budget will be basic, and the Ministers of Finance and Planning must make an amendment to it for the years 2024 and 2025, in order to be submitted to the Council of Ministers for consideration and then sent to the House of Representatives.

[yota691]

Parliament's finances start voting on the items of the general budget

2023.05.15 - 21:19

 

Baghdad - Nas   

Today, Monday, the Finance Committee announced the start of voting on the items of the 2023 general budget.  

  

  

The Media Department of the House of Representatives said in a statement, which “NAS” received a copy of, (May 15, 2023), that “the Finance Committee was held under the chairmanship of Representative Atwan Al-Atwani and the presence of its members, as part of the intensive meetings to complete the reading of the items of the federal general budget.”  

The head of the committee stressed, according to the statement, "the need to proceed with realizing all the details contained in order to expedite their completion, and the committee decided to host the concerned parties in the ministries of finance and planning."  

The statement added, “The committee proceeded to read Article Two and its paragraphs related to the mechanism for covering the deficit through the abundance achieved from the sale of oil and other revenues, in addition to discussing items for listing investment projects funded by grants and loans, expanding the investment door and involving the private sector, and listening to proposals and maturing them with what consistent with the government programme.  

He pointed out, "The committee followed up on studying the first axis on ongoing loans for the purpose of financing ongoing projects in ministries and governorates, reconstructing affected areas, and supporting the fields of education, health, and energy, in addition to the second axis on financing infrastructure projects under the (Iraqi, Chinese) framework agreement." According to the borrowing to support energy projects, education projects to build (1000) model schools, and strategic and development projects consistent with the government's priorities.  

And the statement continued, "The committee continued to read the third axis (new loans) regarding financing water desalination projects, projects of the Ministry of Health to establish centers for the diagnosis of cancer diseases, and projects of the Ministry of Electricity to finance the construction of combined-cycle stations in a number of regions."  

He pointed out, "The committee postponed voting within it on Articles (3-4), while voting was held on Article (5) of (Chapter Three), which includes limiting the disbursement of appropriations from the main accounts for expenditures, and the expenditures of projects approved within the federal general budget."  

And the statement confirmed, “The committee voted on Article (6) related to the authority to make transfers between spending units, and Article (7) related to emergency expenditures, and Article (8) on the use of revenues generated for the federal general budget, and Article (9) regarding allocations for the development of regions, and Article (8) (10) in the approving file for the implementation of the required services and Article (11) on vehicle fee revenues for the state treasury.
The statement concluded, "The committee postponed voting on articles (12-13-14-15-16), pending study and observations, while it voted on Article (17) and Article (18) of the law."  

[yota691]

regarding the budget

Outputs of the Finance Committee meeting with the Ministries of Planning and Finance and the Central Bank

2023.05.16 - 14:54

 

Baghdad - Nas  

The Finance Committee resumed its meetings under the chairmanship of Representative Atwan Al-Adwani, Chairman of the Committee, and the presence of its members, on Tuesday, where it was stressed the need to expedite and invest the time factor in completing the articles and paragraphs of the Federal General Budget Law in preparation for voting on it.  

  

  

  

The Media Department of the House of Representatives said in a statement, which “NAS” received a copy of, (May 16, 2023), that “during the meeting, the committee hosted the stakeholders in the Ministries of Planning, Finance, and the Central Bank, to clarify a number of issues included in the General Budget Law, including the loan mechanism and commitments Distributing percentages to ongoing strategic projects in the governorates, in order to adapt them in line with the implementation of the government program, while emphasis was placed on completing projects and distributing their funding according to the needs of those projects.  

  

She added, "The (Iraqi-Chinese) framework agreement was also discussed, to finance the sums for the implementation of construction projects (1,000) schools, energy support projects in Iraq, and other projects under the agreement."  

[yota691]

Parliamentary Finance hosts the Ministries of Planning and Finance and the Central Bank

• Time: 05/16/2023 14:51:58
•  
• Read: 676 times

  

{Politics: Al-Furat News} The Finance Committee resumed its meetings headed by Representative Atwan Al-Adwani, Chairman of the Committee, and in the presence of its members, on Tuesday, where it was stressed the need to expedite and invest the time factor in completing the articles and paragraphs of the Federal General Budget Law in preparation for voting on it.

The media department of the House of Representatives stated in a statement received by {Euphrates News}, that "during the meeting, the committee hosted those concerned in the Ministries of Planning, Finance, and the Central Bank, to clarify a number of issues included in the general budget law, including the loan mechanism and the obligations of distributing percentages to the ongoing strategic projects in governorates, in order to adapt them in line with the implementation of the government program.

While emphasis was placed on completing projects and distributing their financing according to the needs of those projects.

The (Iraqi-Chinese) framework agreement was also discussed to finance the sums for implementing construction projects (1000) schools, energy support projects in Iraq, and other projects under the agreement.

[yota691]

A new statement from Parliamentary Finance regarding the budget deficit

• Time: 05/16/2023 10:39:41
•  
• Read: 1,794 times

  

{Economic: Al Furat News} Member of the Parliamentary Finance Committee, Khalil Ghazi, stated that the size of the budget and the deficit will remain the same in the federal budget, pointing to the occurrence of some discussions between expenditure items.

Ghazi said in a press statement, "The size of the budget will remain the same, but some transfers will occur between expenditure items."

He explained, "We are now in the stage of discussing the budget items, that is, the texts of the budget articles, and the possibility of amending some of them or adding some new articles," adding that "the size of the budget deficit will remain the same."

It is noteworthy that the Deputy Speaker of the Iraqi Parliament, Shakhwan Abdullah, announced in a statement that the vote on the federal budget law for the years (for the years 2023, 2024 and 2025) will take place this week. 

[yota691]

Iraq

DETAILS OF THE MEETING OF THE FINANCE COMMITTEE OF THE MINISTRIES OF PLANNING AND FINANCE AND THE CENTRAL BAN

 

Tuesday, May 16, 2023 2:58 PM

Baghdad / National News Center

Today, Tuesday, the Parliamentary Finance Committee revealed the details of hosting the Ministries of Planning and Finance and the Central Bank.

A statement of the committee, received by the National News Center, stated that “the committee resumed its meetings under the chairmanship of Representative Atwan Al-Adwani, head of the committee, and the presence of its members today, where it was stressed the need to expedite and invest the time factor in completing the articles and paragraphs of the Federal General Budget Law in preparation for voting on it.”

The statement added, “During the meeting, the committee hosted those concerned in the Ministries of Planning, Finance, and the Central Bank, to clarify a number of issues included in the general budget law, including the loan mechanism and the obligations of distributing percentages to ongoing strategic projects in the governorates, in order to adapt them in line with the implementation of the government program.” While emphasis was placed on completing projects and distributing their financing according to the needs of those projects.

And she continued: “The (Iraqi-Chinese) framework agreement was also discussed, to finance the sums for implementing construction projects (1000) schools, energy support projects in Iraq, and other projects under the agreement.”

 

[yota691]

Parliamentary Finance continues its meetings to finalize the federal budget in the 12th bulletin

Al-Iraqiya News Channel HD

1.5K views  Streamed 4 hours ago  #Iraqi _ news _ channel

[RJG]

urgent... Cougar: The vote on the budget next Saturday

5/16/2023

A member of the Parliamentary Finance Committee suggested that the House of Representatives vote on the draft financial budget law next Saturday.

 

Committee member Jamal Cougar told {Euphrates News} agency: "The closest date for presenting the budget to parliament and voting on it is next Saturday."

He pointed out that "the current budget deficit is the largest in the history of the country's budgets, as it exceeded 64 trillion dinars," noting that "the current deficit will be maintained."
It is noteworthy that the Parliamentary Finance Committee continues to vote on the items of the 2023 budget before preparing its final version and submitting it to the House of Representatives.
The State Administration Coalition had set in a previous meeting on May 17 {tomorrow, Wednesday} the date for voting on the budget.

 

Raghad Daham

https://alforatnews.iq/news/كوجر-التصويت-على-الموازنة-السبت-المقبل

[cranman]

5 minutes ago, RJG said:

urgent... Cougar: The vote on the budget next Saturday

5/16/2023

A member of the Parliamentary Finance Committee suggested that the House of Representatives vote on the draft financial budget law next Saturday.

 

Committee member Jamal Cougar told {Euphrates News} agency: "The closest date for presenting the budget to parliament and voting on it is next Saturday."

He pointed out that "the current budget deficit is the largest in the history of the country's budgets, as it exceeded 64 trillion dinars," noting that "the current deficit will be maintained."
It is noteworthy that the Parliamentary Finance Committee continues to vote on the items of the 2023 budget before preparing its final version and submitting it to the House of Representatives.
The State Administration Coalition had set in a previous meeting on May 17 {tomorrow, Wednesday} the date for voting on the budget.

 

Raghad Daham

https://alforatnews.iq/news/كوجر-التصويت-على-الموازنة-السبت-المقبل

Hmmmm

 I guess I was wrong?

[Hotcurl]

11 minutes ago, RJG said:

urgent... Cougar: The vote on the budget next Saturday

5/16/2023

A member of the Parliamentary Finance Committee suggested that the House of Representatives vote on the draft financial budget law next Saturday.

 

Committee member Jamal Cougar told {Euphrates News} agency: "The closest date for presenting the budget to parliament and voting on it is next Saturday."

He pointed out that "the current budget deficit is the largest in the history of the country's budgets, as it exceeded 64 trillion dinars," noting that "the current deficit will be maintained."
It is noteworthy that the Parliamentary Finance Committee continues to vote on the items of the 2023 budget before preparing its final version and submitting it to the House of Representatives.
The State Administration Coalition had set in a previous meeting on May 17 {tomorrow, Wednesday} the date for voting on the budget.

 

Raghad Daham

https://alforatnews.iq/news/كوجر-التصويت-على-الموازنة-السبت-المقبل

 

Kickin' the can down the road once again ...................

 

So F**king predictable and frustrating ............. 

 

Just sayin' ................