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Parliament postpones the voting session on the budget law to this evening


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money and business
   

Economy News - Baghdad
First Deputy Speaker of Parliament Mohsen Al-Mandalawi revealed, on Saturday, that the House of Representatives will start voting on the draft budget law next Monday.

 

Al-Mandalawi said in a statement to "Shafaq News" agency, followed by "Al-Iqtisad News", that there are no problems that impede the approval of the general budget law, adding that all political blocs agree on approving this law.

 

Mandalawi added, "According to what was agreed upon, the House of Representatives will vote on the budget law in the session next Monday."

 

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Added 05/20/2023 - 1:02 PM
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money and business
   

Economy News - Baghdad
Today, Saturday, the representative of Diwaniyah Governorate, Aziz Sharif al-Mayahi, threatened to boycott the voting session on the draft budget law in the event that Diwaniyah was not "fair".

 

Al-Mayahi said in a statement, "We were, on all occasions, supporters of the political process, and Diwaniyah and its people were among the first to sacrifice for its success, and we made countless sacrifices for Iraq, the perpetuation of its democratic experience and the fight against terrorism," adding that "unfortunately, despite these sacrifices, The penalty was neglecting the most basic rights approved by the constitution to preserve the citizen and provide him with a decent life.

 

And he continued, "Al-Diwaniyah and everyone knows that it is from the poor governorates and does not have any additional resource or border outlet to support its economy, and even agriculture, which was the only support for its people, has entered a dangerous stage as a result of drought and lack of water quotas, which makes us before a serious stand to do justice to Al-Diwaniyah and save its people from By including two important files in the budget.

 

He explained, "The first of these files is the allocation of job grades for their children as a result of the lack of other livelihoods and the high rate of unemployment in them, which created a population migration, especially from the youth segment, to other governorates to search for job opportunities and exclude them from the decision to stop job grades in the budget.

 

The second file is through Increasing the governorate’s allocations in the budget, in a way that provides it with sufficient space to complete the infrastructure and establish small and medium projects, in addition to establishing a free zone for trade exchange and a commercial airport, due to the governorate’s strategic and vital geographical location, which allows revitalizing the status of the governorate, provides job opportunities for youth, and supports its local economy.

 

Al-Mayahi stressed, "We will work hard and continue to support the government, its program, and the parliament to legislate laws that are in the interest of the citizen, but we, out of honesty and legal, moral and humanitarian responsibility towards Diwaniyah and its people, will boycott the voting session on the budget if our demands and justice for the oppressed are not included."

 
 

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Added 05/20/2023 - 11:46 AM
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Differences accompany the budget in Iraq and voting on it may be "installments"

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Baghdad Today - Baghdad

Independent MP Yasser Iskandar and Tut confirmed on Saturday that the voting session on the budget law has not been scheduled by the Presidency of the House of Representatives so far.

He said, to "Baghdad Today", that "the Presidency of the House of Representatives so far has not set the date of the voting session on the budget law, it is waiting for the full political consensus to resolve all points of disagreement on some paragraphs of the law, which are still discussed by the Parliamentary Finance Committee."

He pointed out that "there is an intention that the voting session on the budget law, during the current week, but this does not mean the passage of the entire law during this week, may be voted on the paragraphs of the law, non-controversial and postpone what is disputed until the political consensus on them."

The parliamentary finance committee earlier said that the budget will be resolved within the next two days and sent to the Presidency of Parliament to determine the voting session on the budget, amid information about the lack of resolution of controversial articles so far, especially those related to the Kurdistan region.

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Deputy of the Law: On Monday, a special session to vote on the budget law

Deputy of the Law: On Monday, a special session to vote on the budget law
  
{Politics: Al-Furat News} MP for the State of Law Coalition, Aref Al-Hamami, is likely to hold a special session to vote on the terms of the federal budget law next Monday.
 

Al-Hamami said {for Euphrates News} that: "The Finance Committee is working to complete the budget law day and night, and what are only a few days to complete," likely "holding the special session to vote on all its items next Monday."
He added, "The rise in oil prices helps revive the budget, reduces the deficit in it, and will facilitate the work of government curricula."
"We called for raising the amount of petrodollars, which will compensate for the imbalance in the budget, as 80% of the budget will go to the completion of lagging strategic projects in all provinces," al-Hamami said.
"Approximately 143 billion dinars of this budget will be from ongoing projects in the past," he said.
The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, revealed in a press statement that the House will start voting on the tripartite budget as of Monday, May 22.

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 Detaild information: Some Shia parliamentarians are demanding a reduction in the Kurdistan Region's share of the budget: it must pay oil and non-oil revenues to Baghdad The Democratic Party of the People's Republic of Iraq: The Constitution of the Republic of Kazakhstan must be implemented

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ERBIL — The federal parliament in Baghdad is reportedly going to hold a vote on the country's largest federal budget bill in decades this week.

"The parliament will vote on the federal budget bill on Monday. The parliamentary committee on finance is in a meeting now, voting on the final provisions of the bill, on articles pertaining to the Kurdistan Region in particular," Amanj Harki, an Iraqi lawmaker from the Kurdistan Democratic Party's (KDP) bloc, told BasNews today.

The bill might be sent to the parliament tomorrow so that a vote can be held on Monday," he added.

Baghdad and Erbil are awaiting approval of the budget bill in order to enact their cabinets' investment and development agenda. Payment of public sector salaries depends on approval of the federal budget, in Erbil in particular because KRG crude exports have not resumed yet.

The federal government of Iraq approved the bill in March this year. The budget covers public expenses for the years 2023-2025. The bill totals nearly 200 trillion dinars, with 12.67 percent of the overall budget being allocated to the Kurdistan Region. Erbil is supposed to share revenues from crude sales with Baghdad in return for its share of the federal budget.

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KDP denies problems in the region's quota: budget will be approved Monday - urgent

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Baghdad Today - Kurdistan

MP for the Kurdistan Democratic Party, Sherwan Dobardani, denied on Saturday the existence of any problems that prevented the Finance Committee from voting on the share of the Kurdistan region in the budget, indicating that the budget will be voted on next Monday.

Dobardani said in an interview with (Baghdad Today), that "there are discussions in different sections of the budget and not only the issue of the region's share, there is a request from the government to the Finance Committee related to new additions."

"The Finance Committee continues to vote on more than 60 paragraphs and will be finalized on Monday and the budget law will be put to a vote on Monday at the latest," Dobardani said.

The House of Representatives received, in mid-March, the draft budget law for the current year, 2024 and 2025, by the Council of Ministers. Each budget was worth nearly 200 trillion dinars ($151 billion), the highest in the country's history.

Members of the Iraqi parliament had suggested that the financial budget for the current year 2023, which is the largest in the country's history, will be passed in the middle of this month, stressing that the parliament will make amendments to many paragraphs and sections in the budget before voting on it.

The year 2022 passed without approving a budget for the country, due to the political crisis, and the previous caretaker government had tried to send a budget, but it was prevented by a decision of the Federal Court. 

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Deputy Speaker of Parliament calls for speeding up the preparation of the budget law for a vote

Deputy Speaker of Parliament calls for speeding up the preparation of the budget law for a vote
  
{Politics: Al-Furat News} Deputy Speaker of the House of Representatives Shakhiwan Abdullah called on the Parliamentary Committee to speed up the preparation of the budget law for a vote.
 

A statement by his office, a copy of which was received by {Euphrates News}, said: "This came during Abdullah chairing this evening, Thursday, the meeting of the Parliamentary Finance Committee in the presence of the chairman and members of the committee."
Abdullah called for "the need to expedite the completion of discussions on all articles of the draft federal budget law for the years 2023, 2024 and 2025, and to prepare the law for a vote."
He praised "the continuous efforts of the Finance Committee to approve this important law that all our people are waiting for."

 

 

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Mandalawi to Shafaq News: Parliament will vote on the budget next Monday

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2023-05-20 03:37

 

Mohsen Al-Mandalawi, First Deputy Speaker of the Iraqi Council of Representatives, revealed on Saturday that the Council will start voting on the tripartite budget as of Monday, May 22.

He said in a special statement to Shafaq News Agency that there are no problems hindering the adoption of the general budget law, adding that all political blocs agree on the adoption of this law.

 

 

He added that "as agreed, the House of Representatives will vote on the budget law in a session next Monday."

On March 13th, the Iraqi Council of Ministers approved the draft budget law for the years 2023, 2024 and 2025 and referred it to the Council of Representatives.

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

The 2023 budget is the largest in Iraq's post-2003 history, and Prime Minister Mohammed Shia al-Sudani said that its total is more than 197 trillion dinars ($ 135 billion), including an operating budget of more than 150 trillion dinars, and an investment budget of about 47 trillion.

The estimated deficit ratio approached 63 trillion Iraqi dinars, and the total expected revenues are equivalent to more than 134 trillion dinars, while oil revenues are estimated at 117 trillion dinars based on an oil price of $ 70, while non-oil revenues reach 17 trillion.

Iraq's last budget was approved in April 2021, while one was not adopted in 2022 due to the political turmoil that paralyzed the country for a year after the last legislative elections.

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A new tax in the budget.. 25 thousand dinars for every Iraqi traveler

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2023-05-21 // 07:33
 

Shafaq News / A member of the Iraqi Parliament revealed, on Sunday, that there is a new tax in the general budget for the year 2023, which is expected to be approved by the parliament, pointing out that the tax is called "airport tax".

 

Independent MP, Amir Al-Mamouri told Shafaq News agency, that there is a "reservation and objection by a number of parliamentarians to the paragraphs related to imposing taxes on citizens in the budget law, especially the airport tax."

 

Al-Mamouri, a member of the Parliamentary Labor and Social Affairs Committee, said, "The draft budget law stipulates imposing a withholding tax of 25,000 dinars from every Iraqi citizen who intends to travel outside the country."

 

"We do not know how the mechanism will be for deducting the amount from citizens who intend to travel, whether it is through an airline ticket or through fees from inside the airport and land ports," he added.

 

Earlier, a member of the Parliamentary Transportation and Communications Committee, Karwan Ali Yarouis, revealed that there was a paragraph included in the budget requiring the return of taxes on mobile phone recharge cards, while the Minister of Communications, Hayam Al-Yasiri, denied re-imposing a tax on mobile phone and Internet recharge cards.

 

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I think this article puts to sleep ANY argument that there is a new rate in the 2023 budget..! However, it's possible that a new rate MIGHT be mentioned in either of the succeeding budgets (2024, 2025). JMHO..!  RON 

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1 minute ago, ronscarpa said:

I think this article puts to sleep ANY argument that there is a new rate in the 2023 budget..! However, it's possible that a new rate MIGHT be mentioned in either of the succeeding budgets (2024, 2025). JMHO..!  RON 

I think its based on a new rate and have always said this But NOT in the Budget? if this make sense....they have also stated that budget and this budget biggest of all time would be based on a new rate!!!!!!

Edited by screwball
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Just now, screwball said:

hey have also stated that budget and this budget biggest of all time would be based on a new rate!!!!!!

dot ask me to show you where it states this but I am sure if you search this forum for all budget articles you will find it...

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3 minutes ago, Jaygo said:

Yep.. $25 tax is not out of line at an airport these days with all other fees they are trying to tack on. 

 

I agree, that would be a good start for a new 1-to-1 rate. :tiphat:

After they delete the zeroes.

Edited by ronscarpa
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Even though with all these goings on, and yes it would appear they have no choice but to do the right thing: what's to stop them from making another choice even if they have no choice (😜)

Just remember there's no such thing as no such thing...I'm headed for Scotch after this.

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11 hours ago, ronscarpa said:

I think this article puts to sleep ANY argument that there is a new rate in the 2023 budget..! However, it's possible that a new rate MIGHT be mentioned in either of the succeeding budgets (2024, 2025). JMHO..!  RON 

Please correct if I misfire…Adam made mention many moons ago, that the Central Bank held the only key to an RV/RI.  Thus, no legislative body or elective executive had the authority to execute.  

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