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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


    Parliament awaits Abbadi .. Financial notes indicate "will block" the adoption of the budget

    Rocky
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    • Post n°1

    Parliament awaits Abbadi .. Financial notes indicate "will block" the adoption of the budget Empty Parliament awaits Abbadi .. Financial notes indicate "will block" the adoption of the budget

    Post by Rocky Wed 31 Jan 2018, 6:25 am

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    Parliament awaits Abbadi .. Financial notes indicate "will block" the adoption of the budget[/size]
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     2 hours ago



    The financial budget for 2018 will be discussed in today's session in the presence of Prime Minister Haider Abadi. 
    "There are political differences over the draft law; the share of Kurds, the share of the producing provinces, the share of the liberated provinces, in addition to constitutional and legislative issues regarding the quota of Kurds because they must be as needed," Haider told twilight news. 
    And "increase the sovereign expenditure in the current law irrationally and reduce the salaries of the province and social welfare by one third compared to 2017." 
    He ruled out passing the budget "because of these fundamental remarks," and felt that "it would be a major obstacle to pass if not handled by the government." 
    The Iraqi Prime Minister Haider Abadi said he will participate in the parliament session Wednesday to discuss the issue of the federal budget for 2018.
    Abadi said during his weekly press conference yesterday his readiness to cooperate with the House of Representatives and its competent committees to pass the budget, which hinder the differences of political blocs ratified, despite the arrival of parliament from the government last month. 
    The adoption of the budget objections by the Kurds to reduce the proportion allocated to them from 17 percent as decided by the budgets of the past years to 12.67 during the current year, which is one of the measures taken by the federal government against the authorities of the Kurdistan region following a referendum on the separation on September 25 last. 
    For their part, the Sunni MPs demand the allocation of funds to return the displaced and enable them to participate in the next general elections. 
    The southern oil-producing provinces of Basra, Thi Qaromisan and Wasit are also demanding $ 5 per barrel of oil produced.
    The total value of the general budget of Iraq for the year 2018 amounted to about 85.33 trillion dinars (71.65 billion dollars) deficit of 22.78 trillion dinars (19.13 billion dollars). 
    The documents revealed the draft budget law on reducing the share of the Kurdistan region of the total budget from 17% to 12.67%, allocated for current expenditures and investment projects in the provinces of the region. 
    The budget included a price of 43.4 dollars per barrel of oil, with a capacity of 3.89 million barrels to top oil revenues and mineral wealth revenues close to 73 trillion Iraqi dinars (70 billion dollars). 
    Abbadi had previously described the budget of 2018 as an austerity directed to reduce government expenditures for presidencies and ministries and to secure wages and salaries of state employees.
     





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