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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    Iraq's budget: 14 billion dollars to repay loans and 18 to the military and the Kurds

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280892
    Join date : 2012-12-21
    • Post n°1

    Iraq's budget: 14 billion dollars to repay loans and 18 to the military and the Kurds Empty Iraq's budget: 14 billion dollars to repay loans and 18 to the military and the Kurds

    Post by Rocky Tue 25 Dec 2018, 3:41 am

    [You must be registered and logged in to see this link.]
    Iraq's budget: 14 billion dollars to repay loans and 18 to the military and the Kurds


    24-12-2018 08:29 AM 
    Number of Views: 136


     
     
     
     
    Agency of the orbit -
    Baghdad 
    faces Iraq's general budget for the next year 2019 Opposition from the provinces of the country, especially the liberated from Da'ash, which has suffered wide destruction of the lack of allocations allocated to them as it suffers from the budget of the rise of the benefits of foreign loans, which amounted to 14 billion dollars and military allocations by a number close. 
    And the President of the House of Representatives Mohammed Halbusi, a parliamentary session on Monday to complete the vote on the candidates of the five ministries that are still vacant in the formation of Adel Abdul-Mahdi government and conduct a second reading of the draft federal budget before the third reading, which has not yet been determined and then vote. 
    Parliament is stepping up its meetings this week to pass the budget before the end of 2018, but it seems that this task will go to next year as there are about 50 paragraphs in the draft law is controversial and discussions to amend some of them and the abolition of others.
    According to the draft budget law, the financial allocations indicate the departure from the goal of development and the allocation of huge amounts of the benefits of international loans and military expenditures in exchange for a small amount of funds allocated for the reconstruction of the liberated provinces of the organization of Dahedh as well as the province of Basra, the third largest province of the country after Baghdad and Nineveh, which has been witnessing months of popular protests angry to deteriorate Services and high unemployment rates. 
    The draft budget shows that the total value of the budget is $ 108 billion with a deficit of $ 19 billion. 
    The price of a barrel of oil in this draft budget was $ 56 with a daily export rate of 3 million and 880 thousand barrels, including 250 thousand barrels per day is the quantities of crude oil produced in the provinces of northern Kurdistan. 
    The fiscal deficit will be covered by the financial abundance of increased crude oil prices or increased oil exports in 2019, but serious caveats will face the budget in the event of a drop in the price of oil, which began to show signs since now. 
    Iraq's budget for the current year 2018 amounted to 88 billion dollars with a deficit of 10 billion dollars. 
    The government is facing high financial allocations that are draining their sums, foremost of which are the interest of foreign loans, which weigh heavily on Iraq, where the value of these benefits about 14 billion dollars in addition to military allocations, which amounted to about $ 13 billion, where allocated to the Ministry of Defense $ 8 billion dollars and the popular mobilization $ 2 billion and Anti-terrorism is about half a billion dollars. 
    The budget is expected to generate revenues of 105 billion dollars, while the expected expenses exceed 126 billion dollars, which means a deficit of $ 19 billion dollars and estimated the operating budget of about 94 billion dollars. 
    The budget adopted an official exchange rate equivalent to 1118 dinars per dollar, where allocated $ 33 billion for government projects and $ 200 million for emergency expenses. 
    And therefore face the budget amendments in the articles as a result of parliamentary objections up to 50 paragraphs related to increased funds allocated to the liberated provinces and investment allocations in all provinces'.
    Has crossed the provinces of the western countries, which have seen fierce battles against the organization urged since the occupation of the middle of 2014 and even expelled from them in late 2017 and resulted in the destruction of almost full infrastructure and hundreds of thousands of homes citizens .. Expressed dissatisfaction with the allocations allocated to them in the general budget for reconstruction With extensive destruction. 
    The countries participating in the Kuwait conference for the reconstruction of Iraq in mid-February last pledged to provide 30 billion dollars in the form of loans and credit facilities and investments to Iraq to rebuild the devastated by the war, while his government hopes to get pledges of $ 88 billion and less than the total amount required To complete a reconstruction process and return displaced people to their original areas of $ 100 billion. 
    The coalition of the decision that the draft financial budget for the year 2019 shocked and requires reconsideration.
    The coalition said in a press statement that talking about the reality of the provinces and cities liberated from the organization of the preacher terrorist is not merely an attempt to focus attention to a known scene, but the goal is to address the tragic reality is unacceptable to anyone. 
    He explained that he is following the chapters and doors of the budget of 2019 feel 'shocked at what is allocated to important provinces such as Nineveh, Anbar, Salah al-Din and Diyala, the provinces that caught fire fire and became its citizens between the displaced and martyr and wounded and among those who look at the ruins of his city and home isolated from any support or hope Fast change in case '. 
    Babil province also confirmed that it rejects the draft budget and that its deputies will not vote for him. 
    MP Mansour al-Baiji threatened that its deputies would not vote on the budget next year if their province is not fair and allocates money for it to improve its deteriorating status as a result of government neglect of the province for years.
    For its part, the Kurdish blocs announced several reservations on the draft federal budget law, expressing dissatisfaction with the deletion of the name of the Kurdistan region. 
    The MP Taha Amin of the Patriotic Union of Kurdistan that the Kurdish blocs have comments on the draft law regarding the share of the Kurdistan region, which was calculated by 12.67%, or about 9 billion dollars. While stressing the Kurds on the need to re-share the region to what it was in the past, which is 17% .. He explained that the current budget bill is free to mention the name of the Kurdistan region, but refers to the three provinces with names only.


    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 16 Nov 2024, 6:30 pm