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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The tripartite budget is on the parliament’s financial table today, amid speculation that it will be

    Rocky
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    Join date : 2012-12-21
    • Post n°1

    The tripartite budget is on the parliament’s financial table today, amid speculation that it will be Empty The tripartite budget is on the parliament’s financial table today, amid speculation that it will be

    Post by Rocky Wed 26 Apr 2023, 8:12 am

    [size=30]The tripartite budget is on the parliament’s financial table today, amid speculation that it will be approved in May
    [ltr]2023.04.26 - 09:35[/ltr]
    [/size]
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    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.  
      
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    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.  
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    Rocky
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    • Post n°2

    The tripartite budget is on the parliament’s financial table today, amid speculation that it will be Empty The tripartite budget is accelerating the pace towards approval

    Post by Rocky Wed 26 Apr 2023, 8:19 am

    [size=38]The tripartite budget is accelerating the pace towards approval[/size]


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    April 26, 2023[You must be registered and logged in to see this link.]
    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.
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