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[rtl]Date of release: 2018/3/3 17:16 • 1101 times read[/rtl]
(Baghdad: Al Furat News) The House voted on Saturday on the federal budget for the current year, 2018, after making amendments, and stabilize the budget of the Kurdistan region, which was controversial and amounted to 12.68, while the Council abolished the cuts that were imposed on staff and were cut off By 3.8 percent, as some new paragraphs added.
The full text of the final version of the budget is as follows:
In the name of the people the
Presidency of the Republic
on the basis of what was approved by the House of Representatives and approved by the President of the Republic and based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution.
The following law was issued:
Law No. (2018) of
the Federal Budget Law of the Republic of Iraq for the fiscal year 2018
(Chapter I)
Revenues
Article (1) A- A- The revenues of the Federal General Budget for the fiscal year 2018 are estimated at (91643667236) (Ninety-nine trillion six hundred and forty-three billion six hundred and sixty-seven million two hundred and thirty-six thousand dinars) shown in (Table A / Revenues according to the preparation) attached to this law.
B - Calculation of the revenues from the export of crude oil based on the average price of (46) dollars (forty six dollars) per barrel and the export rate of (3888000) barrels per day (three million eight hundred and eighty-eight thousand barrels per day), including (250000) barrels per day And fifty thousand barrels per day) of the quantities of crude oil produced in the provinces of the Kurdistan region on the basis of the exchange rate (1182) dinars per dollar and all revenue is actually achieved a final revenue for the state treasury.
Second: The ministries and entities not affiliated with the Ministry and the provinces are obliged to record all the amounts of cash grants obtained under the memorandums of understanding with foreign governments or institutions as final revenues of the Federal General Treasury and the Federal Ministry of Finance to reallocate them for the purposes for which they were granted.
Third: The amounts allocated to the ministries and non-affiliated entities in the Ministry and the governorates after being accepted by the Federal Minister of Finance shall be credited as final revenue to the Federal General Treasury, provided that the Federal Minister of Finance allocates them to the appropriations of the Ministry or the entity not connected to the Ministry of Disbursement.
The amounts of grants or donations from foreign governments and institutions to ministries and entities not affiliated with the Ministry or the governorates and the provincial councils under memorandums of understanding or from the private sector shall be recorded as final revenues for the Treasury whether these grants and contributions are in the form of technical assistance or the implementation of projects (other than training courses) , And that their guesswork is recorded in the records of the ministry or the non-affiliated to the ministry or the regions and governorates and the provincial councils of the relationship and acceptance of cash or in kind grants and re-allocation in coordination between the beneficiaries and each of the ministries of planning Financial federated.
Fifth: The amounts of grants and unused subsidies shall be calculated from the amounts allocated to the government departments and public sector companies by the end of the fiscal year 2017 in accordance with the accounting standards used to calculate the final disbursement. The surplus or overpayments on these bases shall be considered as an advance against the grant allocated to the department or unit per year financial 2018.
((Chapter II))
expenditure and deficit
Article (2) First: Expenditure - The amount of (104158183734) thousand dinars (one hundred and four trillion and one hundred and fifty billion and one hundred and eighty-three million seven hundred and thirty-four thousand dinars). For the fiscal year 2018, including the amount of internal and external debt installments of (8246899000) thousand dinars (eight trillion two hundred and forty-six billion and ninety nine hundred and ninety million dinars), distributed according to (field / 3 total expenditure) of (Table / B expenditures by ministries) Annexed to this law.
1) The amount of (24650112138) thousand dinars (twenty four trillion and six hundred and fifty billion and one hundred and twelve million and one hundred and thirty thousand dinars) for project expenditures to be distributed according to (field / 2 expenditures of investment projects) of (Table / B expenditures by ministries) Law. Including the amount of (5516318350) thousand dinars (five trillion five hundred and sixteen billion and three hundred and eighteen million and three hundred and fifty thousand dinars) through foreign loans.
2) The amount of (79508071596) thousand dinars (seventy-nine trillion five hundred and eight billion seventy-one million five hundred and ninety-nine thousand dinars) for the current expenditures according to (Field / 1 - current expenditures of (table / expenditures by ministries) attached to this law.
(A) (b) above, including the Council of State and the Council of Ministers' Resolution No. (1) 350) for the year 2016.
b . The Council of Ministers shall add 2 trillion dinars to the contingency reserve allocations, provided that the disbursement shall be made to fill the shortfall in the employee compensation account, the investment projects, the social protection network, the care institution for the disabled, the special needs and the martyrs institution. Of age When an increase in global export revenues of crude oil is achieved.
4) An amount of (400000000) thousand dinars (four hundred billion dinars) is allocated for (reconstruction and development of projects in all governorates) out of the allocations referred to in item (a / a) of Article (2) above is distributed according to the population of each governorate, As follows:
A. The Governor shall submit a plan for the reconstruction of the Governorate and the districts and sub-districts approved by the Council of the province, depending on the plans drawn from the districts and districts to the Federal Ministry of Planning for the purpose of study and approval to take into account the areas most affected within the province and to allocate allocations Governorate On the districts and bitter areas (15%) (15%) of the governorate allocations and (5%) (5%) of the projects of the mitigation strategy. Of poverty.
B- The Governor shall exclusively implement the approved reconstruction plan and the Governorate Council shall be responsible for monitoring implementation.
5. 5% (5%) of the crude oil revenues produced in the governorate and 5% (5%) of refined oil revenues in the governorate refineries and 5% (5%) of the revenues Natural gas produced in the province, provided that the province chose to choose one of the revenues produced above and to allocate an amount of
(400.000.000) thousand dinars (four hundred billion dinars), as projects to the provinces produced out of the allocations referred to in item ) Of Article (2) above and the Governor after the approval of the Provincial Council the right to dispose and use no more than (50%) (fifty)
Of the allocations referred to above for the purpose of importing electrical power or providing services for the province and cleaning or treatment expenses for patients inside and outside Iraq or for current expenditures according to the needs of the province. The priority of spending for the areas most affected by the production and liquidation of oil and environmental protection projects, . And that the adjustments are made after checking the audit of the Federal Audit Office,
including the receivables of the province for the previous years, which have not been allocated amounts and the allocation of (20%) (twenty percent) of the funds realized from the increase in actual revenues from the planned revenues contained in the law The federal budget for the year 2018 to be granted every six months provided that it is spent in the strategic and service projects within the most harmful areas.
Disability
1 - The total deficit planned for the federal budget for the fiscal year / 2018 (12514516498) thousand dinars (twelve trillion five hundred and fourteen billion five hundred and sixteen million and four hundred and ninety thousand dinars), and covers the deficit of the abundance achieved, and then borrowing internal and external except for loans funded by foreign entities for projects included in the agenda contained funding gap and deficit amounts retained cash in the Federal Ministry of Finance account of the increase in selling prices of crude oil source or increase crude oil exports , according to the details shown in the below:
T vocabulary amount (Al JD (
1 ) = (A + B) Total revenues 91,643,667,236
A Oil revenues 77,160,392,640
B Non-oil revenues 14,483,274,596
2 = (A + B) Total expenditure 104,158,183,734
Current expenditure 79,508,071,596
b Total investment expenditure 24,650,112,138
- Investment expenditure from Treasury 19,133,793,788
- Investment expenditure through foreign loans 5,516,318,350
3 Total planned deficit 12,514,516,498
Financing of the financial gap (Deficit)
a Balance of the accounts of ministries and entities not linked to the Ministry of State banks 250,000,000
balance The Ministry of Finance expense 742 835 421
c World Bank loan banks and other international companies 1,300,200,000
d IMF loan to support the budget 1,891,200,000
e the Japanese Agency for international cooperation loan JICA to support the budget 236.4 million
and fund loans Sau J Development 35.46 million
g foreign bonds 1,182,000,000
H remittances through 1,133,696,725 banks
i loan (JBIC) 94,560,000
J Loan World Bank / projects 296.9184 million
as US loan for the purpose of reinforcing 834.9648 million
for British loan (export loan) 1,016,520,000
m loans guaranteed by international export guarantee institutions 1,071,364,800
n German loan (KFW) 179,664,000
Q loan Swedish 141.84 million
GS Italian loan 92.9052 million
in the Japanese Agency loans JICA / 692103552 projects
r German loan projects 283.68 million Siemens
s maintenance of the Ministry of Electricity of the export guarantee Corporation projects loans GE 413,700,000
t Kuwait Fund for development 94.56 million
u loans from US OPIC or global export guarantee institutions 236.4 million
t International Fund for Agricultural Development 5,673,600
(D) The French
Minister of Finance or his authorized representative after the approval of the Council of Ministers to fill the actual deficit
in the budget mentioned in paragraph (a) above from the sources mentioned below:
a. Issuing treasury transfers.
B. Issuing national bonds to the public.
C. Issuing bonds and remittances to government banks are deducted from the Central Bank of Iraq.
Dr. Loans from commercial banks.
e. Borrowing from the World Bank, International Monetary Fund and Japan International Cooperation Agency to support the budget
. Issuing foreign bonds and loans that are tax-exempt.
3 - The Federal Minister of Finance or whoever is authorized to borrow from abroad to finance development projects after the approval of the Council of Ministers from the sources mentioned below, and the continuation of loans approved in previous years.
a. Continue to borrow from the Japanese International Cooperation Bank (JBIC) out of the loan amount (500) million dollars (five hundred million dollars) to finance projects of the Ministry of Electricity. In the amount of (80) million dollars (eighty million dollars) from 2018.
B. The Federal Finance and Planning Ministers should include the annual allocations of the loan to finance projects for the Ministries of Electricity, Construction, Housing, Municipalities and Public Works, Health, Labor and Social Affairs, Higher Education and Scientific Research. , Agriculture, Commerce, Education, Migration and Displaced, and the Baghdad Secretariat in 2018).
C. To continue to borrow from the Japanese Agency for International Cooperation (JICA) in the amount of (1500) million dollars (one thousand and five hundred million dollars) for the purpose of financing projects in the amount of (585,536) million dollars (for the year 2018) distributed as follows :
▬ Projects of the Ministry of Construction, Housing, Municipalities and Public Works: $ 128 million
▬ Ministry of Electricity Projects 276.5 million
▬ Ministry of Water Resources projects $ 2.4 million
▬ Oil Ministry projects 41.375 million
▬ Ministry of Industry and Minerals projects , $ 13.4 million
- the Ministry of Health and Environment projects $ 3.6 million
▬ Transport Ministry projects 67.461 million
▬ Ministry of Communications projects 8 Million dollars
- Electricity projects for the provinces of Kurdistan 28.8 million dollars
▬ Municipal projects for the provinces of Kurdistan $ 16 million
d. Continue to borrow from the German Development Bank (KFW) of the principal amount of 500 million euros (five hundred million euros) to finance the reconstruction of the liberated areas , projects of terrorism and an amount equivalent to 152 million dollars (one hundred and fifty - two million dollars) for the year 2018.
e. The Italian loan amount of 260 million euros (two hundred and sixty million euros) will be financed by an amount equivalent to (78.6) million dollars (eighty-eight million six hundred thousand dollars) in 2018 distributed as follows:
▬ Projects of the Ministry of Water Resources $ 46.600 million
▬ Projects To the Ministry of Agriculture $ 16 million
▬ Ministry of Commerce projects $ 16 million
And. (4550) million dollars (four billion five hundred and fifty million dollars) to finance the needs of the Ministry of Defense and will be funded (706.4) million dollars (seven hundred and six million four hundred thousand dollars) from 2018.
g . To continue to borrow from the loan amount of the World Bank (500) million dollars (five hundred million dollars) to finance the projects of ministries in the amount of (251.2) million dollars (two hundred and fifty million two hundred thousand dollars) for 2018 and as follows:
▬ Ministry of Construction and Housing and Public Municipalities $ 175.2 million
▬ Ministry of Electricity $ 12 million
▬ Baghdad Municipality $ 40 million
Ministry of Health and Environment $ 14.4 million
Ministry of Finance $ 6.4 million
Ministry of Planning $ 1.6 million
Kurdistan Region Governorates $ 1.6 million
h. Continue to borrow from the British Export Bank (UKEF) to finance infrastructure projects amounting to 160 million dollars (one hundred and sixty million dollars) in 2018 and distributed
as follows:
images of the Ministry of Construction and Housing, Municipalities and Public Works to finance both:
- Project water desalination province Basra $ 80 million
- Hilla sewer project $ 80 million
i. To continue to borrow from foreign banks with the Swedish EKN guarantee of 500 million dollars ($ 500 million) to finance the projects of the Ministry of Electricity to be implemented by ABB in the amount of 120 million dollars (120 million dollars) for the Ministry's projects for 2018
. To continue to borrow from the German Export Guarantee Corporation, Standard Bank and Gartrad for 500 million dollars (US $ 500 million) for the implementation of the German Siemens project of the Ministry of Electricity and will be funded (160) million dollars (one hundred and sixty million dollars) in 2018.
4. Authorizes the Federal Minister of Finance to borrow (22) million dollars (twenty-two million dollars) for water supply projects in the governorates of Kurdistan Region, including the Halabja water project and from the JICA loan.
5 - Continuing to authorize the Federal Minister of Finance or his successor after the approval of the Council of Ministers to borrow $ 2500 million (two billion and five hundred million dollars) to guarantee the international export institutions for the purchase of arms and ammunition and the logistical support of the Ministries of Interior and Defense, The amount of (906.4) million dollars (nine hundred and six million four hundred thousand dollars) from 2018 distributed as follows:
a. Ministry of Defense $ 600 million
b. Ministry of Interior $ 146.4 million
c. The popular crowd is $ 80 million
Dr. $ 80 million
6 - Continuing to borrow for the various annual maintenance projects of the Ministry of Electricity guaranteed by the international export guarantee institutions in favor of the US company (GE) and will be funded by $ 350 million (million three hundred million dollars) during 2018.
7. Borrowing from the Kuwait Fund for Arab Development an amount of 440 million dollars (four hundred and forty million dollars) to finance projects for the Ministry of Education in the amount of (80) million dollars (eighty million dollars) during 2018.
8. Borrowing from the Saudi Fund for Development the amount of (500) million dollars (five hundred million dollars) to fund projects in the amount of (30) million dollars (thirty million dollars) during the year 2018 for the ministries and distributed as follows:
a. Ministry of Health $ 16 million
b. Ministry of Water Resources $ 6 million
C. Ministry of Agriculture $ 8 million
9. borrowing from international commercial banks and guarantee Foundation German exports guarantee an amount of $ 500 million (five hundred million dollars) to finance the Ministry of Electricity Projects by the German company Siemens will be implemented at $ 80 million (eighty million dollars) During 2018.
10. Borrowing from the International Fund for Agricultural Development (IDA) is an amount of $ 15,730 million for the Ministry of Agriculture projects and $
4.8 million (four million eight hundred thousand dollars) will be financed through 2018
. Borrowing from the World Bank ($ 1140) million (one thousand and one hundred and forty million dollars) to finance the projects listed below:
▬ Reconstruction of liberated areas / Phase II $ 400 million
▬ Emergency Project for Social Stability and Sustainability / Ministry of Labor and Social Affairs by granting small and income-generating projects loans $ 200 million
▬ Financing social development projects in the Ministry of Planning $ 300 million
▬ Project for the development and distribution of electricity in Basrah Governorate $ 200 million
▬ Road Map Project social protection strategy / Ministry of Labor and social Affairs $ 40 million
and the Ministers of Finance and planning federal addition Alt_khasa Annual data for funding bodies above 2018 for the year out of the loan amount.
12. Borrowing from the American Overseas Private Investment Corporation (OPIC) or the Global Export Guarantee Institutions (US $ 386 million) to finance
the Samawah
and Dhi Qar power plant / Ministry of Electricity for GE . ($ 200 million) will be financed during 2018.
13. Borrowing from the Japanese International Cooperation Agency (JICA) is $ 1314 million for project financing and is distributed as follows:
a. ($ 174 million), including the increase of 54 million dollars (fifty-four million dollars).
B. The project of the auxiliary worker refining unit for the Ministry of Oil (1000) million dollars (one thousand dollars).
C. The second irrigation project for the Ministry of Water Resources (140 million dollars) (one hundred and forty million dollars).
Federal Finance and Planning Ministers must add the annual allocations of the above projects within the 2018 budget
. 14. Borrowing by the China Export Insurance Corporation (500 million US dollars) to finance infrastructure projects and the Federal Ministers of Finance and Planning, related to the 2018 budget authorities
15. borrowing from the British export Bank at $ 1020 million ( one billion and twenty million dollars) to finance the Ministry of Electricity of which $ 700 million (seven hundred million dollars) during the year / 2018 is distributed as follows:
- Ministry of Electricity to finance each From:
- The two power plants of Nasiriyah and Samawah 500 million dollars
- Energy transfer project with GE $ 200 million
16. Continuation of the authorization of the Minister of Finance and with the approval of the Council of Ministers to provide sovereign guarantees for investment projects in the electricity sector and as follows: -
A - Guarantee debt ceiling (1.2) billion dollars with interest.
(B) To ensure payments of services not exceeding (1) billion dollars for a period of three years beginning
in 2020.
17. The Federal Minister of Finance or whoever authorizes it with the approval of the Federal Prime Minister to issue guarantees to:
A- General Electric Company for (63) million dollars (sixty-three million dollars) for financing and maintenance of Qayyarah stations of the Ministry of Electricity
; (125 million) dollars (one hundred and twenty-five million dollars) to finance, rehabilitate, maintain and operate stations belonging to the Ministry of Electricity.
18. The Federal Council of Ministers may transfer between the loan allocations specified in paragraphs (2) and (3) of Article (2) of this Article and change the name of the beneficiary.
19. All sovereign guarantees of investment projects shall be approved by the Council of Ministers and approved by the Council of Representatives.
20. It is not permissible to conclude a loan agreement with foreign governments conditional on the pledge of oil and its derivatives without the approval of the House of Representatives.
21. The Federal Government and the Ministry of Oil commit to review the contracts of oil licensing rounds to amend the terms of contracts in a manner that preserves Iraq's economic interest and pays for increasing oil production and reducing costs and finding a mechanism for cost recovery to be compatible with oil prices and all regulatory bodies to report to the House of Representatives on the procedures of implementation of this article during Current year.
22 - Obligation of the Ministry of Oil to implement the decision of the Committee on Energy Affairs in the Council of Ministers No. 139 of 2013 the establishment of the second side of the path of the path (the second corridor) and the link between the province of Maysan with the province of Diwaniyah, according to contracts licensing rounds to provide social service.
(Chapter III))
general and final provisions
Article (3): The expenditure shall be deducted from the main expenditure accounts (compensation of employees, service inputs, commodity inputs, maintenance of assets, capital expenditure, grants, subsidies, debt service, interest and other expenses, liabilities, contributions, Federal Budget of the Republic of Iraq from the Federal Minister of Finance. The competent minister or the head of the entity not connected to the Ministry or the Governor or the Chairman of the Governorate Council shall have the authority to disburse directly in the light of the funds allocated within his annual budget and for the purposes specified for it under the expenditure plan approved by the Federal Minister of Finance. Federal.
Article 4 - First - The Federal Minister of Finance authority to conduct transfers between the appropriations of the federal budget of the Republic of Iraq approved in the annual federal budget at the level of sections, sections, chapters, materials, species and sequence of type and each case separately.
Second: Ministers and heads of non-governmental entities and governors, including the governors of the governorates of the Kurdistan region, shall be entitled to transfer between the appropriations of the expenditure units included in their annual budget by a percentage not exceeding five percent of the exchange unit of the other exchange unit, Of the capital projects appropriations, subject to the provisions of item (8) of Section (9) of the Financial Management Law No. (95) for the year 2004, provided that the transfers from the capital project expenses are not transferred to the current expenditure. The Share.
Third: The ministers and heads of the non-affiliated parties and the governors and heads of the provincial councils not affiliated with the Ministry shall be empowered to carry out the transfers between the current expenditure (service / commodity / asset maintenance) provisions approved for the expenditure units included in their annual budgets approved in the annual federal budget. Ministry of Finance / Budget Department of the transfer for the purpose of marking.
Article 5 - The Federal Prime Minister and the Federal Minister of Finance jointly use the approved amounts
(1) (c) of Article (2) of this Law for the payment of emergency expenses after the expiry of this law if there is an urgent need for local expenditure and the absence of an allocation to cover this need to the extent of (3) billion dinars (three) Billion dinars) for each case and if the amount exceeds the limit mentioned, the approval of the Federal Council of Ministers is obtained by the proposal of the Federal Minister of Finance and the Federal Minister of Finance to prepare controls for the use of emergency reserve allocations within the instructions of implementing the annual federal budget and that the Federal Audit Office to submit a quarterly report to the Council It includes the expenditure aspects of the emergency reserve and the technical opinion as to whether it has made any emergency or other expenses.
Article 6 - I. The appropriations approved in this law shall be used until 31 December of the
fiscal year 2018.
Income earned during the fiscal year 2018 shall be credited to the federal budget until 31/12/2018. Revenues received after the end of fiscal year 2018 shall be credited to the federal budget for fiscal year 2019.
Article 7 No transfers shall be made within allocations (Reconstruction and development of projects in the provinces) between the provinces.
Article 8: The Minister of Reconstruction, Housing, Municipalities and Public Works of the Federal or the Governor, upon disengaging the municipal institutions in the governorate, shall be empowered to transfer between the self resources to balance the municipal institutions within the governorate and increase the dependence on the implementation of the required services.
Article 9 First: The share of the Kurdistan Region shall be determined from the total actual expenditures set out in Table D (Expenditures Ruling) annexed to this law according to the souls of each governorate and paid by the Federal Ministry of Finance and with the approval of the Prime Minister.
Second: The quota of the Kurdistan Region shall be determined by the total actual expenditure (current expenditure and expenditure of the investment projects) according to the souls of each governorate after excluding the sovereign expenditures represented by the Council of Representatives, the Presidency, the General Secretariat, the Cabinet, Ministry of Defense, Federal Supreme Court, the Independent High Electoral Commission, including the expenses of the elections, the accountability and justice, the Royal Commission for Compensation other than compensation, the Office of the Inspector General of the Property Claims Commission, the Iraqi Agency for Radioactive Sources, Wrote Inspector General of the Iraqi National Intelligence Service, the Integrity Commission, the Federal Office of Financial Supervision, the High Commissioner for Human Rights, wage negotiations and legal claims, administrative and financial expenses of printing bonds and credit rating of external debt, pay international auditing firm and the Committee of Financial Experts, to contribute to the cost of oil production The Ministry of Foreign Affairs, the expenses of the Directorate of Civil Status, Passports and Residence, the leadership of the Border Forces and the Federal Police, and the projects of the Border Crossings Authority, the Directorate of Civil Status and Residency Joint venture financing, port projects, rail projects, dam and public utility projects, climate management projects, licensing contracts projects including licensing contracts for northern governorates, Interest on the loans of the International Monetary Fund, interest on JICA loans, interest on the Italian loan, interest on the loan of the Islamic Development Bank, interest on the loans of the Japan Bank for International Cooperation JBIC, interest on the German loan , Interest on the US loan, interest on the British loan, Interest on treasury remittances (auctions), interest on old treasury remittances, benefits of treasury transfers under the legal reserve of both the Rafidain and Rashid Bank and the Iraqi Bank for Trade, according to the Public Budget Law, 2015, the benefits of treasury remittances by transfer of the Iraqi Bank for Trade under the Budget Law 2015 , The benefits of remittances of the Treasury under the transfer of funding for foreign oil companies under Article (34) of the Budget Code / 2015 from the banks of the good and Rafidain and the Iraqi Bank of Trade, the benefits of treasury remittances discounted by the Central Bank of Iraq under the law of the budget in 2016, The benefits of the loans granted by the Iraqi Trade Bank under the Budget Law of 2015 and 2016, the interest of the national bonds in Iraqi dinars under the Law of the Ministry of Electricity, Public 2016, the benefits of treasury remittances in accordance with the Council of Ministers 'decisions numbered (97) and (400) for 2013 of government banks, the interest of treasury remittances pursuant to the Council of Ministers' Resolution No. 50 of 2014 to finance the budget deficit, (70) and (74) for the year 2015, the benefits of treasury transfers granted to public companies from government banks to pay their salaries, interest on loans granted by government banks on housing loans, housing loans and soft loans, ), Payment of bond premiums Nanar Iraq under the 2015 budget law, compensation for the Kuwait war, premiums on treasury transfers from the Iraqi Trade Bank to finance the budget, In accordance with Article (34) of the Budget Law for the year 2015, the installments of the treasury remittances deducted by the Central Bank of Iraq under the Budget Law for 2016, the installments of the treasury remittances granted by the Ministry of Finance, The Pension Fund according to the Budget Law of 2015, the treasury remittance payments pursuant to the Council of Ministers 'Resolutions No. (97) and (400) for 2013 of the government banks, the treasury remittance payments pursuant to the Council of Ministers' Resolution No. 50 of 2014 to finance the budget deficit, Council resolutions (70) and No. (74) for the year 2015, installments of loans under the decision of the Council of Ministers No. (314) for the year 2014 by the Iraqi Trade Bank for the Ministry of Electricity, installments of loans granted by the Iraqi Bank for Trade under the Budget Law 2015 and 2016, The payment of installments of loans granted to public companies on the salaries of their employees from government banks, payment of the installments of remittances under the legal reserve of government banks, payment of the external debt restructuring installments of the Paris Club countries, payment of foreign debt restructuring payments to countries outside the Paris Club, Cash settlement of small debts to the private sector abroad, payment of Arab Monetary Fund (AMF) payments on the Iraq debt restructuring agreement, installments of the Arab Fund for Economic Development, payment of installments of World Bank loans, payment of US loan installments, JICA loans, payment of sovereign guarantee premiums, emergency reserve expenses, export guarantee premiums).
Article 10 - First - the settlement of the receivables between the Kurdistan region and the federal government for the years 2004 to 2017 after auditing by the Federal Audit Bureau by calculating the share of the provinces of the Kurdistan region in light of the actual expenses of previous years shown by the final accounts approved by the Federal Audit Bureau.
The Kurdistan Regional Government is committed to export at least 250,000 barrels of crude oil produced from its fields to be marketed through SOMO exclusively and receive revenues to the Federal General Treasury.
B - A proportion of the allocations of the federal ground forces of the Iraqi army to the salaries of the Peshmerga forces according to the population ratios of the said forces as part of the Iraqi security system.
(C) When the Kurdistan Region fails to pay the federal revenues received to the Federal General Treasury or not to implement the provisions of paragraphs (a) and (b) of this item, the Federal Ministry of Finance shall deduct the share specified under items (I, II / A, B) Calculate the computation later.
D - The ministries of finance and oil federal to calculate the amount of oil exported from the fields of Kirkuk outside the framework of the company Sumo for the period from 2014 to 2017 and determine the percentage of petro-dollars that belong to the province of Kirkuk and a set-off with the amounts given to the Government of Kirkuk for the period above after the audit of the Office of Federal Financial Supervision and The debt of the petrodollar debt on the Kurdistan government deducted from the allocations of the region for the year 2018 and credited in the province of Kirkuk.
(E) The Federal Government and the Kurdistan Region shall comply with an increase in the quantities mentioned in the Article
(I-B) of the budget law to hand over revenues actually realized to the state treasury.
F- The Kurdistan Regional Government is committed to restore the amounts of Kirkuk governorate realized from the petro-dollar and deposited in the banks of the Kurdistan region to the expense of the province in Kirkuk.
Article 11-First: The federal ministries and entities not affiliated with the Ministry of B (table / c) are committed to the number of manpower of ministries and departments funded centrally for the year 2018 attached to this law.
Secondly, the federal ministries must stop appointments within their affiliated formations from public companies, self-financed bodies and directorates that receive a grant from the federal public treasury or loans from government banks. The job grades should be deleted in the vocabulary of the concerned authorities when they are unemployed due to transfer or referral to retirement. Resignation or death.
The Federal Minister of Finance has the right to create the grades for the employees of public companies and the self-financed public bodies and directorates which receive a grant from the State Treasury as a result of transferring their services to the owners of the centrally and self-financed departments only (water, municipalities and sewage) to cover their needs. No financial implications.
B- The Federal Minister of Finance may transfer the surplus employees from the merged and canceled ministries to the ministries
and other agencies to meet their needs.
The ministries and entities not affiliated with the Ministry and the governorates shall maintain the functional grades resulting from the movement of the approved owners until 31/12/2016. The competent minister or the governor shall have the authority to issue the appointment order to fill the vacancies in the governorates and areas under the control of the gangs. For this subject focuses on the actual need and competence and to be priority for contractors and by foot if they are within the required jurisdiction.
Subject to item (II) of this Article, all federal ministries and entities not affiliated with the Ministry and the governorates shall cease the appointments of the owners in the centrally financed formations from 1/1/2018 until the end of the current fiscal year.
B- The Council of Ministers may, subject to the requirements of the public interest, exclude any of the formalities stipulated in paragraph (a) of this section of the restriction.
The appointment in all government departments shall be prohibited in the manner of contracting with the possibility of renewal of previous contracts in the case of necessity. The contract period for those who are confirmed to the permanent owners after 9/4/2003 shall be calculated as an actual service for the purposes of premium, promotion and retirement. The pension entitlements shall be met for the duration of the contracted contract, and the amount of the pension entitlements resulting from the permanent employees shall be paid by the instructions issued by the National Pension Authority.
(B) The Independent Electoral Commission of the elections shall be exempted from paragraph (a) above, to re-contract with those whose contracts have been terminated by the end of the previous elections, provided that the contract period shall not exceed one year.
C - The Supreme Judicial Council and the General Authority for Antiquities and Heritage and the water and sewerage services and municipal institutions belonging to the Ministry of Construction and Housing and Public Municipalities and the Secretariat of Baghdad to replace new contracts instead of contracts that are canceled for the purpose of filling the shortfall in these formations and within the financial allocations contained in this budget.
The ministries and entities not affiliated with the Ministry (self-financed and centralized) are obliged to re-appoint the members of the councils (local, municipal, governorates and deputies) with the same degree and title that was operated in his department or in another department after being introduced in case of non-availability and calculating the period spent for promotion and promotion purposes. And retirement in the event that the person concerned so desires.
(E) The employee assigned to retirement who completed the minimum period of promotion stipulated in Law No. (22) for the year 2008 shall be entitled to be promoted to the next grade and as of the date of entitlement, provided that no financial differences shall be paid on the promotion. The new after the payment of the differences of the full pension in accordance with the provisions of the unified pension law No. (9) for the year 2014 subject to the approval of the Employee Department to raise.
The Ministry of Finance shall transfer the job grades and financial allocation to those who are university degree holders at least from the posts of the ministries of defense and interior (mattresses) to the ministries and departments other than the three presidencies and the related bodies and after the approval of the transferred party provided that this does not entail any financial consequences or compensation For the grades of those who are transferred outside the two ministries above.
Education, Construction, Housing, Municipalities and Public Works, Agriculture, Labor and Social Affairs, Youth and Sports) after transfer of funds from the Ministry's account to the Governorate account except for the proposed projects for 2018 related to updating the basic and detailed designs of the city centers and structural studies of the governorates; And the areas of the nature of heritage and natural reserves and to be issued by the Ministries of Planning and Finance federal table of the projects concerned for each province and authorized the Ministers of Finance and Planning Federation to issue instructions Crisis to facilitate the implementation of it.
Second: To maintain the mandate of any ministry of federal ministries according to the competence to implement projects in that province on the account of allocations (reconstruction and development of projects in the provinces) allocated to them.
Article 13-A - Non-appointment in any leadership positions (Director General and above) unless there is a degree in the law of the ministry or the non-associated with the Ministry or instructions for the position.
B- The employee at the rank of (general manager and above) who does not manage an administrative formation at the level of a general directorate or above shall retire according to the provisions of the unified pension law or transfer to another department upon the availability of the vacancy which commensurate with his job title and degree and with the consent of the transferee. The Kurdistan Region in accordance with the law of retirement in force in the region, provided that the Federal Financial Audit Bureau to the Council of Representatives a report on the names of employees (director general and above), who does not manage an administrative formation at the level of the Directorate General.
C - Suspension of appointments in the three presidencies (the House of Representatives, the Presidency of the Republic, the General Secretariat of the Council of Ministers and the Prime Minister's Office) and the departments and departments affiliated to (the Presidency of the Republic, the Council of Representatives, the Council of Ministers) and may not transfer services or placement or military assignment to it from ministries and non-linked entities In the Ministry and may, when necessary, the placement to ((the Iraqi National Intelligence Service)) that does not entail any increase in the financial allocations to the Department concerned.
D - Suspension of the payment of bonuses in (the three presidencies, ministries and non-affiliated with the Ministry and the provinces) except for the bonuses that are paid as salaries.
Article 14 First: All revenues of the Media and Communications Commission for 2017 shall be transferred to the account of the Federal General Treasury of the State after deduction of the amount of its budget approved by the Board of Trustees and the Federal Ministry of Finance.
Secondly, the Information and Communications Authority shall oblige the mobile phone companies to pay their amounts of money, fines and financial obligations during the first half of 2018 and record the revenues of the State.
Article 15: The Ministries of Electricity, Communications, Reconstruction, Housing, Municipalities and Works
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As final and official ... Budget of 2018
[/rtl][rtl]Date of release: 2018/3/3 17:16 • 1101 times read[/rtl]
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[rtl](Baghdad: Al Furat News) The House voted on Saturday on the federal budget for the current year, 2018, after making amendments, and stabilize the budget of the Kurdistan region, which was controversial and amounted to 12.68, while the Council abolished the cuts that were imposed on staff and were cut off By 3.8 percent, as some new paragraphs added.
The full text of the final version of the budget is as follows:
In the name of the people the
Presidency of the Republic
on the basis of what was approved by the House of Representatives and approved by the President of the Republic and based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution.
The following law was issued:
Law No. (2018) of
the Federal Budget Law of the Republic of Iraq for the fiscal year 2018
(Chapter I)
Revenues
Article (1) A- A- The revenues of the Federal General Budget for the fiscal year 2018 are estimated at (91643667236) (Ninety-nine trillion six hundred and forty-three billion six hundred and sixty-seven million two hundred and thirty-six thousand dinars) shown in (Table A / Revenues according to the preparation) attached to this law.
B - Calculation of the revenues from the export of crude oil based on the average price of (46) dollars (forty six dollars) per barrel and the export rate of (3888000) barrels per day (three million eight hundred and eighty-eight thousand barrels per day), including (250000) barrels per day And fifty thousand barrels per day) of the quantities of crude oil produced in the provinces of the Kurdistan region on the basis of the exchange rate (1182) dinars per dollar and all revenue is actually achieved a final revenue for the state treasury.
Second: The ministries and entities not affiliated with the Ministry and the provinces are obliged to record all the amounts of cash grants obtained under the memorandums of understanding with foreign governments or institutions as final revenues of the Federal General Treasury and the Federal Ministry of Finance to reallocate them for the purposes for which they were granted.
Third: The amounts allocated to the ministries and non-affiliated entities in the Ministry and the governorates after being accepted by the Federal Minister of Finance shall be credited as final revenue to the Federal General Treasury, provided that the Federal Minister of Finance allocates them to the appropriations of the Ministry or the entity not connected to the Ministry of Disbursement.
The amounts of grants or donations from foreign governments and institutions to ministries and entities not affiliated with the Ministry or the governorates and the provincial councils under memorandums of understanding or from the private sector shall be recorded as final revenues for the Treasury whether these grants and contributions are in the form of technical assistance or the implementation of projects (other than training courses) , And that their guesswork is recorded in the records of the ministry or the non-affiliated to the ministry or the regions and governorates and the provincial councils of the relationship and acceptance of cash or in kind grants and re-allocation in coordination between the beneficiaries and each of the ministries of planning Financial federated.
Fifth: The amounts of grants and unused subsidies shall be calculated from the amounts allocated to the government departments and public sector companies by the end of the fiscal year 2017 in accordance with the accounting standards used to calculate the final disbursement. The surplus or overpayments on these bases shall be considered as an advance against the grant allocated to the department or unit per year financial 2018.
((Chapter II))
expenditure and deficit
Article (2) First: Expenditure - The amount of (104158183734) thousand dinars (one hundred and four trillion and one hundred and fifty billion and one hundred and eighty-three million seven hundred and thirty-four thousand dinars). For the fiscal year 2018, including the amount of internal and external debt installments of (8246899000) thousand dinars (eight trillion two hundred and forty-six billion and ninety nine hundred and ninety million dinars), distributed according to (field / 3 total expenditure) of (Table / B expenditures by ministries) Annexed to this law.
1) The amount of (24650112138) thousand dinars (twenty four trillion and six hundred and fifty billion and one hundred and twelve million and one hundred and thirty thousand dinars) for project expenditures to be distributed according to (field / 2 expenditures of investment projects) of (Table / B expenditures by ministries) Law. Including the amount of (5516318350) thousand dinars (five trillion five hundred and sixteen billion and three hundred and eighteen million and three hundred and fifty thousand dinars) through foreign loans.
2) The amount of (79508071596) thousand dinars (seventy-nine trillion five hundred and eight billion seventy-one million five hundred and ninety-nine thousand dinars) for the current expenditures according to (Field / 1 - current expenditures of (table / expenditures by ministries) attached to this law.
(A) (b) above, including the Council of State and the Council of Ministers' Resolution No. (1) 350) for the year 2016.
b . The Council of Ministers shall add 2 trillion dinars to the contingency reserve allocations, provided that the disbursement shall be made to fill the shortfall in the employee compensation account, the investment projects, the social protection network, the care institution for the disabled, the special needs and the martyrs institution. Of age When an increase in global export revenues of crude oil is achieved.
4) An amount of (400000000) thousand dinars (four hundred billion dinars) is allocated for (reconstruction and development of projects in all governorates) out of the allocations referred to in item (a / a) of Article (2) above is distributed according to the population of each governorate, As follows:
A. The Governor shall submit a plan for the reconstruction of the Governorate and the districts and sub-districts approved by the Council of the province, depending on the plans drawn from the districts and districts to the Federal Ministry of Planning for the purpose of study and approval to take into account the areas most affected within the province and to allocate allocations Governorate On the districts and bitter areas (15%) (15%) of the governorate allocations and (5%) (5%) of the projects of the mitigation strategy. Of poverty.
B- The Governor shall exclusively implement the approved reconstruction plan and the Governorate Council shall be responsible for monitoring implementation.
5. 5% (5%) of the crude oil revenues produced in the governorate and 5% (5%) of refined oil revenues in the governorate refineries and 5% (5%) of the revenues Natural gas produced in the province, provided that the province chose to choose one of the revenues produced above and to allocate an amount of
(400.000.000) thousand dinars (four hundred billion dinars), as projects to the provinces produced out of the allocations referred to in item ) Of Article (2) above and the Governor after the approval of the Provincial Council the right to dispose and use no more than (50%) (fifty)
Of the allocations referred to above for the purpose of importing electrical power or providing services for the province and cleaning or treatment expenses for patients inside and outside Iraq or for current expenditures according to the needs of the province. The priority of spending for the areas most affected by the production and liquidation of oil and environmental protection projects, . And that the adjustments are made after checking the audit of the Federal Audit Office,
including the receivables of the province for the previous years, which have not been allocated amounts and the allocation of (20%) (twenty percent) of the funds realized from the increase in actual revenues from the planned revenues contained in the law The federal budget for the year 2018 to be granted every six months provided that it is spent in the strategic and service projects within the most harmful areas.
Disability
1 - The total deficit planned for the federal budget for the fiscal year / 2018 (12514516498) thousand dinars (twelve trillion five hundred and fourteen billion five hundred and sixteen million and four hundred and ninety thousand dinars), and covers the deficit of the abundance achieved, and then borrowing internal and external except for loans funded by foreign entities for projects included in the agenda contained funding gap and deficit amounts retained cash in the Federal Ministry of Finance account of the increase in selling prices of crude oil source or increase crude oil exports , according to the details shown in the below:
T vocabulary amount (Al JD (
1 ) = (A + B) Total revenues 91,643,667,236
A Oil revenues 77,160,392,640
B Non-oil revenues 14,483,274,596
2 = (A + B) Total expenditure 104,158,183,734
Current expenditure 79,508,071,596
b Total investment expenditure 24,650,112,138
- Investment expenditure from Treasury 19,133,793,788
- Investment expenditure through foreign loans 5,516,318,350
3 Total planned deficit 12,514,516,498
Financing of the financial gap (Deficit)
a Balance of the accounts of ministries and entities not linked to the Ministry of State banks 250,000,000
balance The Ministry of Finance expense 742 835 421
c World Bank loan banks and other international companies 1,300,200,000
d IMF loan to support the budget 1,891,200,000
e the Japanese Agency for international cooperation loan JICA to support the budget 236.4 million
and fund loans Sau J Development 35.46 million
g foreign bonds 1,182,000,000
H remittances through 1,133,696,725 banks
i loan (JBIC) 94,560,000
J Loan World Bank / projects 296.9184 million
as US loan for the purpose of reinforcing 834.9648 million
for British loan (export loan) 1,016,520,000
m loans guaranteed by international export guarantee institutions 1,071,364,800
n German loan (KFW) 179,664,000
Q loan Swedish 141.84 million
GS Italian loan 92.9052 million
in the Japanese Agency loans JICA / 692103552 projects
r German loan projects 283.68 million Siemens
s maintenance of the Ministry of Electricity of the export guarantee Corporation projects loans GE 413,700,000
t Kuwait Fund for development 94.56 million
u loans from US OPIC or global export guarantee institutions 236.4 million
t International Fund for Agricultural Development 5,673,600
(D) The French
Minister of Finance or his authorized representative after the approval of the Council of Ministers to fill the actual deficit
in the budget mentioned in paragraph (a) above from the sources mentioned below:
a. Issuing treasury transfers.
B. Issuing national bonds to the public.
C. Issuing bonds and remittances to government banks are deducted from the Central Bank of Iraq.
Dr. Loans from commercial banks.
e. Borrowing from the World Bank, International Monetary Fund and Japan International Cooperation Agency to support the budget
. Issuing foreign bonds and loans that are tax-exempt.
3 - The Federal Minister of Finance or whoever is authorized to borrow from abroad to finance development projects after the approval of the Council of Ministers from the sources mentioned below, and the continuation of loans approved in previous years.
a. Continue to borrow from the Japanese International Cooperation Bank (JBIC) out of the loan amount (500) million dollars (five hundred million dollars) to finance projects of the Ministry of Electricity. In the amount of (80) million dollars (eighty million dollars) from 2018.
B. The Federal Finance and Planning Ministers should include the annual allocations of the loan to finance projects for the Ministries of Electricity, Construction, Housing, Municipalities and Public Works, Health, Labor and Social Affairs, Higher Education and Scientific Research. , Agriculture, Commerce, Education, Migration and Displaced, and the Baghdad Secretariat in 2018).
C. To continue to borrow from the Japanese Agency for International Cooperation (JICA) in the amount of (1500) million dollars (one thousand and five hundred million dollars) for the purpose of financing projects in the amount of (585,536) million dollars (for the year 2018) distributed as follows :
▬ Projects of the Ministry of Construction, Housing, Municipalities and Public Works: $ 128 million
▬ Ministry of Electricity Projects 276.5 million
▬ Ministry of Water Resources projects $ 2.4 million
▬ Oil Ministry projects 41.375 million
▬ Ministry of Industry and Minerals projects , $ 13.4 million
- the Ministry of Health and Environment projects $ 3.6 million
▬ Transport Ministry projects 67.461 million
▬ Ministry of Communications projects 8 Million dollars
- Electricity projects for the provinces of Kurdistan 28.8 million dollars
▬ Municipal projects for the provinces of Kurdistan $ 16 million
d. Continue to borrow from the German Development Bank (KFW) of the principal amount of 500 million euros (five hundred million euros) to finance the reconstruction of the liberated areas , projects of terrorism and an amount equivalent to 152 million dollars (one hundred and fifty - two million dollars) for the year 2018.
e. The Italian loan amount of 260 million euros (two hundred and sixty million euros) will be financed by an amount equivalent to (78.6) million dollars (eighty-eight million six hundred thousand dollars) in 2018 distributed as follows:
▬ Projects of the Ministry of Water Resources $ 46.600 million
▬ Projects To the Ministry of Agriculture $ 16 million
▬ Ministry of Commerce projects $ 16 million
And. (4550) million dollars (four billion five hundred and fifty million dollars) to finance the needs of the Ministry of Defense and will be funded (706.4) million dollars (seven hundred and six million four hundred thousand dollars) from 2018.
g . To continue to borrow from the loan amount of the World Bank (500) million dollars (five hundred million dollars) to finance the projects of ministries in the amount of (251.2) million dollars (two hundred and fifty million two hundred thousand dollars) for 2018 and as follows:
▬ Ministry of Construction and Housing and Public Municipalities $ 175.2 million
▬ Ministry of Electricity $ 12 million
▬ Baghdad Municipality $ 40 million
Ministry of Health and Environment $ 14.4 million
Ministry of Finance $ 6.4 million
Ministry of Planning $ 1.6 million
Kurdistan Region Governorates $ 1.6 million
h. Continue to borrow from the British Export Bank (UKEF) to finance infrastructure projects amounting to 160 million dollars (one hundred and sixty million dollars) in 2018 and distributed
as follows:
images of the Ministry of Construction and Housing, Municipalities and Public Works to finance both:
- Project water desalination province Basra $ 80 million
- Hilla sewer project $ 80 million
i. To continue to borrow from foreign banks with the Swedish EKN guarantee of 500 million dollars ($ 500 million) to finance the projects of the Ministry of Electricity to be implemented by ABB in the amount of 120 million dollars (120 million dollars) for the Ministry's projects for 2018
. To continue to borrow from the German Export Guarantee Corporation, Standard Bank and Gartrad for 500 million dollars (US $ 500 million) for the implementation of the German Siemens project of the Ministry of Electricity and will be funded (160) million dollars (one hundred and sixty million dollars) in 2018.
4. Authorizes the Federal Minister of Finance to borrow (22) million dollars (twenty-two million dollars) for water supply projects in the governorates of Kurdistan Region, including the Halabja water project and from the JICA loan.
5 - Continuing to authorize the Federal Minister of Finance or his successor after the approval of the Council of Ministers to borrow $ 2500 million (two billion and five hundred million dollars) to guarantee the international export institutions for the purchase of arms and ammunition and the logistical support of the Ministries of Interior and Defense, The amount of (906.4) million dollars (nine hundred and six million four hundred thousand dollars) from 2018 distributed as follows:
a. Ministry of Defense $ 600 million
b. Ministry of Interior $ 146.4 million
c. The popular crowd is $ 80 million
Dr. $ 80 million
6 - Continuing to borrow for the various annual maintenance projects of the Ministry of Electricity guaranteed by the international export guarantee institutions in favor of the US company (GE) and will be funded by $ 350 million (million three hundred million dollars) during 2018.
7. Borrowing from the Kuwait Fund for Arab Development an amount of 440 million dollars (four hundred and forty million dollars) to finance projects for the Ministry of Education in the amount of (80) million dollars (eighty million dollars) during 2018.
8. Borrowing from the Saudi Fund for Development the amount of (500) million dollars (five hundred million dollars) to fund projects in the amount of (30) million dollars (thirty million dollars) during the year 2018 for the ministries and distributed as follows:
a. Ministry of Health $ 16 million
b. Ministry of Water Resources $ 6 million
C. Ministry of Agriculture $ 8 million
9. borrowing from international commercial banks and guarantee Foundation German exports guarantee an amount of $ 500 million (five hundred million dollars) to finance the Ministry of Electricity Projects by the German company Siemens will be implemented at $ 80 million (eighty million dollars) During 2018.
10. Borrowing from the International Fund for Agricultural Development (IDA) is an amount of $ 15,730 million for the Ministry of Agriculture projects and $
4.8 million (four million eight hundred thousand dollars) will be financed through 2018
. Borrowing from the World Bank ($ 1140) million (one thousand and one hundred and forty million dollars) to finance the projects listed below:
▬ Reconstruction of liberated areas / Phase II $ 400 million
▬ Emergency Project for Social Stability and Sustainability / Ministry of Labor and Social Affairs by granting small and income-generating projects loans $ 200 million
▬ Financing social development projects in the Ministry of Planning $ 300 million
▬ Project for the development and distribution of electricity in Basrah Governorate $ 200 million
▬ Road Map Project social protection strategy / Ministry of Labor and social Affairs $ 40 million
and the Ministers of Finance and planning federal addition Alt_khasa Annual data for funding bodies above 2018 for the year out of the loan amount.
12. Borrowing from the American Overseas Private Investment Corporation (OPIC) or the Global Export Guarantee Institutions (US $ 386 million) to finance
the Samawah
and Dhi Qar power plant / Ministry of Electricity for GE . ($ 200 million) will be financed during 2018.
13. Borrowing from the Japanese International Cooperation Agency (JICA) is $ 1314 million for project financing and is distributed as follows:
a. ($ 174 million), including the increase of 54 million dollars (fifty-four million dollars).
B. The project of the auxiliary worker refining unit for the Ministry of Oil (1000) million dollars (one thousand dollars).
C. The second irrigation project for the Ministry of Water Resources (140 million dollars) (one hundred and forty million dollars).
Federal Finance and Planning Ministers must add the annual allocations of the above projects within the 2018 budget
. 14. Borrowing by the China Export Insurance Corporation (500 million US dollars) to finance infrastructure projects and the Federal Ministers of Finance and Planning, related to the 2018 budget authorities
15. borrowing from the British export Bank at $ 1020 million ( one billion and twenty million dollars) to finance the Ministry of Electricity of which $ 700 million (seven hundred million dollars) during the year / 2018 is distributed as follows:
- Ministry of Electricity to finance each From:
- The two power plants of Nasiriyah and Samawah 500 million dollars
- Energy transfer project with GE $ 200 million
16. Continuation of the authorization of the Minister of Finance and with the approval of the Council of Ministers to provide sovereign guarantees for investment projects in the electricity sector and as follows: -
A - Guarantee debt ceiling (1.2) billion dollars with interest.
(B) To ensure payments of services not exceeding (1) billion dollars for a period of three years beginning
in 2020.
17. The Federal Minister of Finance or whoever authorizes it with the approval of the Federal Prime Minister to issue guarantees to:
A- General Electric Company for (63) million dollars (sixty-three million dollars) for financing and maintenance of Qayyarah stations of the Ministry of Electricity
; (125 million) dollars (one hundred and twenty-five million dollars) to finance, rehabilitate, maintain and operate stations belonging to the Ministry of Electricity.
18. The Federal Council of Ministers may transfer between the loan allocations specified in paragraphs (2) and (3) of Article (2) of this Article and change the name of the beneficiary.
19. All sovereign guarantees of investment projects shall be approved by the Council of Ministers and approved by the Council of Representatives.
20. It is not permissible to conclude a loan agreement with foreign governments conditional on the pledge of oil and its derivatives without the approval of the House of Representatives.
21. The Federal Government and the Ministry of Oil commit to review the contracts of oil licensing rounds to amend the terms of contracts in a manner that preserves Iraq's economic interest and pays for increasing oil production and reducing costs and finding a mechanism for cost recovery to be compatible with oil prices and all regulatory bodies to report to the House of Representatives on the procedures of implementation of this article during Current year.
22 - Obligation of the Ministry of Oil to implement the decision of the Committee on Energy Affairs in the Council of Ministers No. 139 of 2013 the establishment of the second side of the path of the path (the second corridor) and the link between the province of Maysan with the province of Diwaniyah, according to contracts licensing rounds to provide social service.
(Chapter III))
general and final provisions
Article (3): The expenditure shall be deducted from the main expenditure accounts (compensation of employees, service inputs, commodity inputs, maintenance of assets, capital expenditure, grants, subsidies, debt service, interest and other expenses, liabilities, contributions, Federal Budget of the Republic of Iraq from the Federal Minister of Finance. The competent minister or the head of the entity not connected to the Ministry or the Governor or the Chairman of the Governorate Council shall have the authority to disburse directly in the light of the funds allocated within his annual budget and for the purposes specified for it under the expenditure plan approved by the Federal Minister of Finance. Federal.
Article 4 - First - The Federal Minister of Finance authority to conduct transfers between the appropriations of the federal budget of the Republic of Iraq approved in the annual federal budget at the level of sections, sections, chapters, materials, species and sequence of type and each case separately.
Second: Ministers and heads of non-governmental entities and governors, including the governors of the governorates of the Kurdistan region, shall be entitled to transfer between the appropriations of the expenditure units included in their annual budget by a percentage not exceeding five percent of the exchange unit of the other exchange unit, Of the capital projects appropriations, subject to the provisions of item (8) of Section (9) of the Financial Management Law No. (95) for the year 2004, provided that the transfers from the capital project expenses are not transferred to the current expenditure. The Share.
Third: The ministers and heads of the non-affiliated parties and the governors and heads of the provincial councils not affiliated with the Ministry shall be empowered to carry out the transfers between the current expenditure (service / commodity / asset maintenance) provisions approved for the expenditure units included in their annual budgets approved in the annual federal budget. Ministry of Finance / Budget Department of the transfer for the purpose of marking.
Article 5 - The Federal Prime Minister and the Federal Minister of Finance jointly use the approved amounts
(1) (c) of Article (2) of this Law for the payment of emergency expenses after the expiry of this law if there is an urgent need for local expenditure and the absence of an allocation to cover this need to the extent of (3) billion dinars (three) Billion dinars) for each case and if the amount exceeds the limit mentioned, the approval of the Federal Council of Ministers is obtained by the proposal of the Federal Minister of Finance and the Federal Minister of Finance to prepare controls for the use of emergency reserve allocations within the instructions of implementing the annual federal budget and that the Federal Audit Office to submit a quarterly report to the Council It includes the expenditure aspects of the emergency reserve and the technical opinion as to whether it has made any emergency or other expenses.
Article 6 - I. The appropriations approved in this law shall be used until 31 December of the
fiscal year 2018.
Income earned during the fiscal year 2018 shall be credited to the federal budget until 31/12/2018. Revenues received after the end of fiscal year 2018 shall be credited to the federal budget for fiscal year 2019.
Article 7 No transfers shall be made within allocations (Reconstruction and development of projects in the provinces) between the provinces.
Article 8: The Minister of Reconstruction, Housing, Municipalities and Public Works of the Federal or the Governor, upon disengaging the municipal institutions in the governorate, shall be empowered to transfer between the self resources to balance the municipal institutions within the governorate and increase the dependence on the implementation of the required services.
Article 9 First: The share of the Kurdistan Region shall be determined from the total actual expenditures set out in Table D (Expenditures Ruling) annexed to this law according to the souls of each governorate and paid by the Federal Ministry of Finance and with the approval of the Prime Minister.
Second: The quota of the Kurdistan Region shall be determined by the total actual expenditure (current expenditure and expenditure of the investment projects) according to the souls of each governorate after excluding the sovereign expenditures represented by the Council of Representatives, the Presidency, the General Secretariat, the Cabinet, Ministry of Defense, Federal Supreme Court, the Independent High Electoral Commission, including the expenses of the elections, the accountability and justice, the Royal Commission for Compensation other than compensation, the Office of the Inspector General of the Property Claims Commission, the Iraqi Agency for Radioactive Sources, Wrote Inspector General of the Iraqi National Intelligence Service, the Integrity Commission, the Federal Office of Financial Supervision, the High Commissioner for Human Rights, wage negotiations and legal claims, administrative and financial expenses of printing bonds and credit rating of external debt, pay international auditing firm and the Committee of Financial Experts, to contribute to the cost of oil production The Ministry of Foreign Affairs, the expenses of the Directorate of Civil Status, Passports and Residence, the leadership of the Border Forces and the Federal Police, and the projects of the Border Crossings Authority, the Directorate of Civil Status and Residency Joint venture financing, port projects, rail projects, dam and public utility projects, climate management projects, licensing contracts projects including licensing contracts for northern governorates, Interest on the loans of the International Monetary Fund, interest on JICA loans, interest on the Italian loan, interest on the loan of the Islamic Development Bank, interest on the loans of the Japan Bank for International Cooperation JBIC, interest on the German loan , Interest on the US loan, interest on the British loan, Interest on treasury remittances (auctions), interest on old treasury remittances, benefits of treasury transfers under the legal reserve of both the Rafidain and Rashid Bank and the Iraqi Bank for Trade, according to the Public Budget Law, 2015, the benefits of treasury remittances by transfer of the Iraqi Bank for Trade under the Budget Law 2015 , The benefits of remittances of the Treasury under the transfer of funding for foreign oil companies under Article (34) of the Budget Code / 2015 from the banks of the good and Rafidain and the Iraqi Bank of Trade, the benefits of treasury remittances discounted by the Central Bank of Iraq under the law of the budget in 2016, The benefits of the loans granted by the Iraqi Trade Bank under the Budget Law of 2015 and 2016, the interest of the national bonds in Iraqi dinars under the Law of the Ministry of Electricity, Public 2016, the benefits of treasury remittances in accordance with the Council of Ministers 'decisions numbered (97) and (400) for 2013 of government banks, the interest of treasury remittances pursuant to the Council of Ministers' Resolution No. 50 of 2014 to finance the budget deficit, (70) and (74) for the year 2015, the benefits of treasury transfers granted to public companies from government banks to pay their salaries, interest on loans granted by government banks on housing loans, housing loans and soft loans, ), Payment of bond premiums Nanar Iraq under the 2015 budget law, compensation for the Kuwait war, premiums on treasury transfers from the Iraqi Trade Bank to finance the budget, In accordance with Article (34) of the Budget Law for the year 2015, the installments of the treasury remittances deducted by the Central Bank of Iraq under the Budget Law for 2016, the installments of the treasury remittances granted by the Ministry of Finance, The Pension Fund according to the Budget Law of 2015, the treasury remittance payments pursuant to the Council of Ministers 'Resolutions No. (97) and (400) for 2013 of the government banks, the treasury remittance payments pursuant to the Council of Ministers' Resolution No. 50 of 2014 to finance the budget deficit, Council resolutions (70) and No. (74) for the year 2015, installments of loans under the decision of the Council of Ministers No. (314) for the year 2014 by the Iraqi Trade Bank for the Ministry of Electricity, installments of loans granted by the Iraqi Bank for Trade under the Budget Law 2015 and 2016, The payment of installments of loans granted to public companies on the salaries of their employees from government banks, payment of the installments of remittances under the legal reserve of government banks, payment of the external debt restructuring installments of the Paris Club countries, payment of foreign debt restructuring payments to countries outside the Paris Club, Cash settlement of small debts to the private sector abroad, payment of Arab Monetary Fund (AMF) payments on the Iraq debt restructuring agreement, installments of the Arab Fund for Economic Development, payment of installments of World Bank loans, payment of US loan installments, JICA loans, payment of sovereign guarantee premiums, emergency reserve expenses, export guarantee premiums).
Article 10 - First - the settlement of the receivables between the Kurdistan region and the federal government for the years 2004 to 2017 after auditing by the Federal Audit Bureau by calculating the share of the provinces of the Kurdistan region in light of the actual expenses of previous years shown by the final accounts approved by the Federal Audit Bureau.
The Kurdistan Regional Government is committed to export at least 250,000 barrels of crude oil produced from its fields to be marketed through SOMO exclusively and receive revenues to the Federal General Treasury.
B - A proportion of the allocations of the federal ground forces of the Iraqi army to the salaries of the Peshmerga forces according to the population ratios of the said forces as part of the Iraqi security system.
(C) When the Kurdistan Region fails to pay the federal revenues received to the Federal General Treasury or not to implement the provisions of paragraphs (a) and (b) of this item, the Federal Ministry of Finance shall deduct the share specified under items (I, II / A, B) Calculate the computation later.
D - The ministries of finance and oil federal to calculate the amount of oil exported from the fields of Kirkuk outside the framework of the company Sumo for the period from 2014 to 2017 and determine the percentage of petro-dollars that belong to the province of Kirkuk and a set-off with the amounts given to the Government of Kirkuk for the period above after the audit of the Office of Federal Financial Supervision and The debt of the petrodollar debt on the Kurdistan government deducted from the allocations of the region for the year 2018 and credited in the province of Kirkuk.
(E) The Federal Government and the Kurdistan Region shall comply with an increase in the quantities mentioned in the Article
(I-B) of the budget law to hand over revenues actually realized to the state treasury.
F- The Kurdistan Regional Government is committed to restore the amounts of Kirkuk governorate realized from the petro-dollar and deposited in the banks of the Kurdistan region to the expense of the province in Kirkuk.
Article 11-First: The federal ministries and entities not affiliated with the Ministry of B (table / c) are committed to the number of manpower of ministries and departments funded centrally for the year 2018 attached to this law.
Secondly, the federal ministries must stop appointments within their affiliated formations from public companies, self-financed bodies and directorates that receive a grant from the federal public treasury or loans from government banks. The job grades should be deleted in the vocabulary of the concerned authorities when they are unemployed due to transfer or referral to retirement. Resignation or death.
The Federal Minister of Finance has the right to create the grades for the employees of public companies and the self-financed public bodies and directorates which receive a grant from the State Treasury as a result of transferring their services to the owners of the centrally and self-financed departments only (water, municipalities and sewage) to cover their needs. No financial implications.
B- The Federal Minister of Finance may transfer the surplus employees from the merged and canceled ministries to the ministries
and other agencies to meet their needs.
The ministries and entities not affiliated with the Ministry and the governorates shall maintain the functional grades resulting from the movement of the approved owners until 31/12/2016. The competent minister or the governor shall have the authority to issue the appointment order to fill the vacancies in the governorates and areas under the control of the gangs. For this subject focuses on the actual need and competence and to be priority for contractors and by foot if they are within the required jurisdiction.
Subject to item (II) of this Article, all federal ministries and entities not affiliated with the Ministry and the governorates shall cease the appointments of the owners in the centrally financed formations from 1/1/2018 until the end of the current fiscal year.
B- The Council of Ministers may, subject to the requirements of the public interest, exclude any of the formalities stipulated in paragraph (a) of this section of the restriction.
The appointment in all government departments shall be prohibited in the manner of contracting with the possibility of renewal of previous contracts in the case of necessity. The contract period for those who are confirmed to the permanent owners after 9/4/2003 shall be calculated as an actual service for the purposes of premium, promotion and retirement. The pension entitlements shall be met for the duration of the contracted contract, and the amount of the pension entitlements resulting from the permanent employees shall be paid by the instructions issued by the National Pension Authority.
(B) The Independent Electoral Commission of the elections shall be exempted from paragraph (a) above, to re-contract with those whose contracts have been terminated by the end of the previous elections, provided that the contract period shall not exceed one year.
C - The Supreme Judicial Council and the General Authority for Antiquities and Heritage and the water and sewerage services and municipal institutions belonging to the Ministry of Construction and Housing and Public Municipalities and the Secretariat of Baghdad to replace new contracts instead of contracts that are canceled for the purpose of filling the shortfall in these formations and within the financial allocations contained in this budget.
The ministries and entities not affiliated with the Ministry (self-financed and centralized) are obliged to re-appoint the members of the councils (local, municipal, governorates and deputies) with the same degree and title that was operated in his department or in another department after being introduced in case of non-availability and calculating the period spent for promotion and promotion purposes. And retirement in the event that the person concerned so desires.
(E) The employee assigned to retirement who completed the minimum period of promotion stipulated in Law No. (22) for the year 2008 shall be entitled to be promoted to the next grade and as of the date of entitlement, provided that no financial differences shall be paid on the promotion. The new after the payment of the differences of the full pension in accordance with the provisions of the unified pension law No. (9) for the year 2014 subject to the approval of the Employee Department to raise.
The Ministry of Finance shall transfer the job grades and financial allocation to those who are university degree holders at least from the posts of the ministries of defense and interior (mattresses) to the ministries and departments other than the three presidencies and the related bodies and after the approval of the transferred party provided that this does not entail any financial consequences or compensation For the grades of those who are transferred outside the two ministries above.
Education, Construction, Housing, Municipalities and Public Works, Agriculture, Labor and Social Affairs, Youth and Sports) after transfer of funds from the Ministry's account to the Governorate account except for the proposed projects for 2018 related to updating the basic and detailed designs of the city centers and structural studies of the governorates; And the areas of the nature of heritage and natural reserves and to be issued by the Ministries of Planning and Finance federal table of the projects concerned for each province and authorized the Ministers of Finance and Planning Federation to issue instructions Crisis to facilitate the implementation of it.
Second: To maintain the mandate of any ministry of federal ministries according to the competence to implement projects in that province on the account of allocations (reconstruction and development of projects in the provinces) allocated to them.
Article 13-A - Non-appointment in any leadership positions (Director General and above) unless there is a degree in the law of the ministry or the non-associated with the Ministry or instructions for the position.
B- The employee at the rank of (general manager and above) who does not manage an administrative formation at the level of a general directorate or above shall retire according to the provisions of the unified pension law or transfer to another department upon the availability of the vacancy which commensurate with his job title and degree and with the consent of the transferee. The Kurdistan Region in accordance with the law of retirement in force in the region, provided that the Federal Financial Audit Bureau to the Council of Representatives a report on the names of employees (director general and above), who does not manage an administrative formation at the level of the Directorate General.
C - Suspension of appointments in the three presidencies (the House of Representatives, the Presidency of the Republic, the General Secretariat of the Council of Ministers and the Prime Minister's Office) and the departments and departments affiliated to (the Presidency of the Republic, the Council of Representatives, the Council of Ministers) and may not transfer services or placement or military assignment to it from ministries and non-linked entities In the Ministry and may, when necessary, the placement to ((the Iraqi National Intelligence Service)) that does not entail any increase in the financial allocations to the Department concerned.
D - Suspension of the payment of bonuses in (the three presidencies, ministries and non-affiliated with the Ministry and the provinces) except for the bonuses that are paid as salaries.
Article 14 First: All revenues of the Media and Communications Commission for 2017 shall be transferred to the account of the Federal General Treasury of the State after deduction of the amount of its budget approved by the Board of Trustees and the Federal Ministry of Finance.
Secondly, the Information and Communications Authority shall oblige the mobile phone companies to pay their amounts of money, fines and financial obligations during the first half of 2018 and record the revenues of the State.
Article 15: The Ministries of Electricity, Communications, Reconstruction, Housing, Municipalities and Works
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Hopefully it'll at least make a difference !!
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