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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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    Expectations of the imminent release of the budget crisis of 2018

    Rocky
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    • Post n°1

    Expectations of the imminent release of the budget crisis of 2018 Empty Expectations of the imminent release of the budget crisis of 2018

    Post by Rocky Tue 06 Feb 2018, 3:51 am

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    2018/02/06 11:48

    (Encyclopedia of this day , news | [You must be registered and logged in to see this link.] ) -
    Economy News Baghdad


    It seems that the crisis on the budget law is about to be released, the Finance Committee has provided reassurances of the near adoption in the event that the political blocs agreed on the points of contention that adhere to them.


    The member of the committee, Hossam al-Aqabi, told the "Economy News" that the political blocs, if reached an agreement on their controversial points in the budget, will be approved within two weeks, warning of the delay of its approval as it is causing harm to all parties.


    Kurdish deputies demand the adoption of the 17 percent approved in the budget last year, while other MPs insist on adopting the proportion contained in the draft sent by the government, amounting to 12.6%.


    Did not reach Abadi and the Kurdistan Alliance to an agreement on the share of the region of the budget, according to a member of the Finance Committee, revealing at the same time the adoption of the budget 2018 principle of population ratios in calculating the share of the region.



    He added that the prime minister is waiting for a detailed report from the Ministry of Finance concerning salaries of staff and their number in the region to resolve this problem.


    And demands the southern provinces producing oil to adopt the federal budget on the rate of 5 dollars per barrel instead of 5 percent.


    He said the agreement with the oil-producing provinces reached nearly 90 percent.


    For his part, demands the Union of forces to increase the dues of the provinces of Nineveh, Salah al-Din and Anbar, as they suffered from terrorist operations in the past years led to the absence of grades and lack of financial allocations.


    The Finance Committee member Hossam Al-Aqabi said that the government agreed with the Union of Forces on increasing the allocations of liberated areas from the Da'ash organization and tried to convince them that their reconstruction is not accompanied by a single budget and the possibility of diversifying sources such as the Kuwait donors conference.


    He predicted an economist not to approve the budget for this year to "contain political and economic errors," noting that if it was approved, it will be adopted a political formula and contain political deals because they coincide with the near elections.



    The economic expert, Abdul Rahman al-Mashhadani, said in an interview with "Economy News" that Iraq is returning to the failure to approve the budget, which is borne by the government as a first party when it delayed sending to the House of Representatives at the end of last year, and the Council as a second party because the latter has no other decision Approve or reject the budget.


    He explained that the delay of the adoption of the budget will affect the investment side, noting that if it was approved and published in the newspaper (facts), the work will begin from the fourth month, because its procedures work requires it.









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