Parliamentary Finance puts 7 important files on Sami’s Taif table related to the 2024 budget

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Parliamentary Finance puts 7 important files on Sami’s Taif table related to the 2024 budget

• Time: 2024/01/21 16:21:25
• Read: 195 times

  

{Local: Al-Furat News} The Finance Committee headed by Atwan Al-Atwani and the presence of its members hosted on Sunday, 21/1/2024, Minister of Finance Taif Sami to discuss a number of important financial files based on the regulatory aspect.

Al-Atwani welcomed, according to the statement, {Al-Furat News} received a copy of it, at the beginning of the hosting of the Minister of Finance, stressing: “The importance of holding the meeting to discuss financial issues, spending, and completing the tables for the budget of 2024, in addition to the topics of added amounts for the purchase of energy, compensation of employees, examiners, and the implementation of projects included within the government plan,” adding that “there are meetings and field visits to institutions to see all the details.”

“The Finance Committee also discussed the possibility of diversifying non-oil revenues and not relying on oil revenues, and the need to move towards multiple revenues to achieve self-sufficiency and end the deficit, as well as the financial amounts for the year 2023,” the statement added.

For her part, the Minister of Finance presented an explanation on the procedures for financing institutions and implementing the tripartite budget after its publication in the Official Gazette, as well as the project financing and opening accounts to state departments, explaining that the financing of projects is carried out according to the allocations and listing requirements, stressing the importance of modifying the components and abuses, in coordination with the Ministry of Planning in addition to the subject of the region’s revenues.

The committee also listened to the problems facing the ministry in preparing the budget schedules for 2024, the plan to fill the deficit, paying foreign debts, financing institutions, and provincial projects, discussing the development of appropriate solutions, and the ministry took its role in finding alternatives.

 

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The interventions of the members of the Finance Committee included the allocations of the provincial projects and how to include them in the tables of the budget 2024, in addition to the subject of the customs tariff, and the estimated price of oil according to the estimates, with the verification of non-oil revenues for the budget.

At the end of the meeting, the committee requested all data and details of the actual expense and deficit, through official letters, stressing the speedy preparation of budget schedules and sending them to the committee for review and vote.

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Parliamentary Finance: The 2024 budget will take into account two important files

• Today 14:15

 

Information / Baghdad....
The Parliamentary Finance Committee confirmed, on Monday, that the amendments that will be made by the government to the 2024 budget schedules will include several paragraphs, the first of which is an increase in the ration and social welfare allocations.
Member of the Finance Committee, Representative Moeen Al-Kadhimi, said in a statement to Al-Ma’louma, “The Finance Committee met yesterday, Sunday, with the Minister of Finance, in which many topics were discussed related to the changes that will occur in the 2024 budget schedules.” 
He added, "The most important variables are an increase in the allocations for rations, social welfare, and allocations for the purchase of rice and wheat crops from farmers, in addition to an increase in allocations related to the electricity sector and the cost of oil production." 

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Al-Kadhimi indicated that “the amendments to the 2024 budget will be submitted to the House of Representatives next month for approval.”
On June 12, 2023, after long deliberations between the government and parliament members that extended for months, the House of Representatives approved the financial budget law for the three years 2023, 2024, and 2025, as the budget approved more expenditures and investments as a direct result of the increase in oil revenues, which constitute 90% of the country’s revenues. Ended/25pm
https://almaalomah.me/news/54016/local/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9:-%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-2024-%D8%B3%D8%AA%D8%B1%D8%A7%D8%B9%D9%8A-%D9%85%D9%84%D9%81%D9%8A%D9%86-%D9%85%D9%87%D9%85%D9%8A%D9%86

 

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Economy

A parliamentary committee explains the main reason behind obstructing the oil and gas law

• Today 13:00
   

 

Information / Baghdad...
On Monday, member of the Parliamentary Oil and Natural Resources Committee, Kazem Al-Touki, explained the main reason behind obstructing the passage and resolution of the oil and gas law, pointing out that the approval of the law will be delayed until the controversial issues between Baghdad and Erbil regarding the law are resolved.
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Al-Touki told Al-Maalouma, “Despite the government’s moves and the continued work of the technical and negotiating committees formed regarding the oil and gas law last year, the law has not yet seen the light.”
He added, "The Oil and Gas Committee was moving towards the heads of the political blocs in order to ensure that the aforementioned law is resolved and delivered to Parliament for legislation before the recess of the Council's last legislative term."
He stated, "There is a stalemate regarding the oil and gas law, as the Kurds have obstructed the resolution of the law after the problems they raised regarding Article 140 and the disputed areas. In the end, the law will be delayed until a consensus is reached between the political parties regarding its passage." Ended 25 n
https://almaalomah.me/news/54008/economy/%D9%84%D8%AC%D9%86%D8%A9-%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%AA%D9%88%D8%B6%D8%AD-%D8%A7%D9%84%D8%B3%D8%A8%D8%A8-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3%D9%8A-%D9%88%D8%B1%D8%A7%D8%A1-%D8%B9%D8%B1%D9%82%D9%84%D8%A9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%88%D8%A7%D9%84%D8%BA%D8%A7%D8%B2

 

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Parliamentary Finance reveals the most prominent amendments that will be made to the 2024 budget

 

 

money and business

   

 

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Economy News - Baghdad

 

Today, Monday, the Parliamentary Finance Committee revealed the amendments that will be made by the government to the 2024 budget tables, noting that the variables in the 2024 budget tables will be sent to Parliament next month for approval.

 

Committee member, Moeen Al-Kadhimi, said in a statement followed by Al-Eqtisad News, that “the Finance Committee met yesterday, Sunday, with the Minister of Finance, in which many topics were discussed related to the changes that will be made in the 2024 budget tables.”

 

He added, "The most important variables are an increase in the allocations for rations, social care, and allocations for purchasing rice and wheat from farmers, in addition to an increase in allocations related to the electricity sector and the costs of oil production."

 

Al-Kadhimi indicated that “the amendments to the 2024 budget will be submitted to the House of Representatives next month for approval.”

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