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Representative economy: the reform program within the 2021 budget, which will be sent early next mon

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Post by Proven on Tue 15 Sep 2020, 12:13 pm

The natural probable consequences of events.....In the budget!

14-09-2020 03:31 PM
Representative economy: the reform program within the 2021 budget, which will be sent early next month


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Baghdad / Al-Akhbariya
Deputy for the Parliamentary Economic Committee, Nada Shaker Jawdat, suggested today, Monday, that the government will send the 2021 budget early next month, and that it will include its economic reform program.
 Jawdat told Al-Akhbariya, "The speech of the religious authority will contribute to increasing the state's financial resources, imposing law at border crossings, preventing the imposition of royalties by the corrupt, and returning billions of dollars if the Al-Kazemi government declares war against corruption."
  She added that "the government will send the 2021 budget early next month to include its reform program," noting that "the budget must get rid of external debts permanently and rely on internal funds and economic resources provided by the sale of oil."
On the thirtieth of last June, the deadline granted by the House of Representatives to the government of Mustafa Al-Kazemi to present the draft general budget law for the current year 2020 for voting and approval, after half of the year had passed without a budget, and the other half may have passed as well, and by the end of the last period, a full year may have passed since the start By preparing the budget bill in the Council of Ministers without being able to finish it and send it to Parliament. The reason for not submitting the budget to Parliament is due to the presence of a large deficit rate of about (48) trillion Iraqi dinars.

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Post by Proven on Tue 15 Sep 2020, 12:19 pm

Implementation!

Representative economic: the process of automating the ports will increase the revenues of the ports by 10 times

14:27 - 15/09/2020
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The information / Baghdad ..
Member of the Parliamentary Economic Committee, MP Ali Al-Lami, confirmed, Tuesday, that completing the Iraqi border crossings will double its revenues to ten times.
Al-Lami said in a statement to "the information", that "the improvement in the revenues of the Iraqi border crossings comes primarily from a real implementation of the automation file that has been stalled for 4 consecutive years because it will create a correct course of action and address many negatives, especially in light of the presence of corruption in the existing administrations, parties and influential personalities in Ports ”.
Al-Lami added, "Automating the outlets will increase the revenues of exile 10 times what we see now, and this is very important, especially in light of the stifling financial crisis experienced by [You must be registered and logged in to see this link.]  ."
Al-Lami added, "Automation is a fundamental and important solution that all countries of the world have adopted in order to control their revenues and keep the hands of the corrupt from them." End 25
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Post by Proven on Tue 15 Sep 2020, 12:58 pm

Reforms will allow  Iraq to become a net export country:

"the budget must get rid of external debts permanently and rely on internal funds and economic resources provided by the sale of oil."

Steps of reform:

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At the start of the meeting, the Prime Minister told the Cabinet that the new government intends to implement a comprehensive reform programme that will mark the beginning of a new phase for Iraq and puts the country on the right path.

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Post by Proven on Wed 16 Sep 2020, 5:32 am

[rtl]{A package of reforms} is imminent in the 2021 budget[/rtl]





[rtl]Wednesday 16th September 2020 132[/rtl]
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  Baghdad: Morning
 
Prime Minister Mustafa Al-Kazemi is likely to present the "reforms paper" he promised, as part of next year's budget law. Member of Parliament Jamal Cougar explained to "Al-Sabah", "The beginning of the real reforms will be with the 2021 budget, and this means that the prime minister wants parliament to vote on it as a mandate through the staircase of reform clauses in the 2021 budget law." He added, "The Prime Minister informed Parliament to send a draft of the government reform paper he promised at the end of this month, followed by another paper in the middle of next month, provided that the implementation of these reforms will be postponed until the beginning of next year."

Returning to the 2021 budget, Cougar explained, that it is "austerity and it will be a very difficult year for Iraqis if oil prices remain low in light of the Corona pandemic, so it will be very tired and has a large deficit and many debts," indicating that the government is under severe pressure from the parties and the street as well as the economic situation Regarding the 2020 budget, a member of the House of Representatives explained, "The Cabinet will finish it at the end of this week and it is assumed that there will be a session of Parliament next week regarding it."

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Post by lesley.beter on Wed 16 Sep 2020, 7:46 am

Sounds exciting

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Post by Proven on Thu 17 Sep 2020, 8:13 am

Agreement between Prime Minister and Parliament.  Done deal.


Parliamentary Finance pledges the country's economic reform with a paper to be presented within weeks








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The Parliamentary Finance Committee pledged, today, Thursday, to reform the financial system and address the problems of discrepancies in salaries of state employees and retirees, on the implementation of the economic reform paper to be presented by it in the coming weeks.

Committee member Jamal Ahmed Cougar said, "The contents of the economic reform paper agreed upon and decided by Parliament and the Ministry of Finance include amending the salary scale and ending the discrepancies and discrepancies between the salaries of state employees and organizing the retirement pay lists and the Federal Service Law." So far, the economic reform paper due to be presented on the fifteenth of next month.

Cougar pledged "the application of the reform paper to the extent of the government's seriousness in implementing it within the 2021 budget or the 2022 budget as far as possible," considering "

He added, "Failure to implement the reform paper is a threat to the country's financial system and exacerbate new problems in the coming years."
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Post by weslin3 on Thu 17 Sep 2020, 9:49 am

yes drunk thumbs

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Post by Proven on Fri 18 Sep 2020, 8:25 am

Phase III explained at the bottom:

Iraqi planning: The 2021 budget will activate revenue from taxes, outlets and production sectors
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Iraq
 September 18, 2020 12:46 PM
 
Mubasher: The Iraqi Ministry of Planning confirmed that the 2021 budget will address the problems in which previous budgets occurred, and will focus on activating tax revenues, border crossings and other productive sectors in addition to oil revenues.
The ministry's spokesman, Abdul Zahra Al-Hindawi, told the Iraqi News Agency (INA), today, Friday: The budget for the current year 2020 will be operational only, to secure the necessary expenses, such as salaries of employees and retirees, on the health side, the ration card, and other necessary expenses.
The ministry's spokesman stated that the 2020 budget will be approved by the House of Representatives this September.
He added that the investment side will remain dependent on the size of the revenues that will be achieved during this period, stressing that there are quite a few stalled projects that need financial allocations to continue working on them.
He pointed out that there is a tendency to address all the problems of previous budgets, including the delay in approving the budget, which causes delay in the implementation of investment projects, as well as finding other sources with oil to supplement the budget and develop the country's economy, and include activating the revenues of border crossings, taxes, the agricultural, tourism and industrial sectors in addition to private sector ".
He explained that the government is currently seeking to approve the 2021 budget, in which oil will be the main financing for the budget in its operational and investment sides.
He stressed that "the government adopts a plan to strengthen relations with brotherly countries in the field of investment, and with international organizations to benefit from the experiences of these countries in the form of oil instead of money, and with new financial methods and activating the role of other sectors."




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Post by zimi31 on Fri 18 Sep 2020, 9:14 am

Thanks Proven...I like it!!!

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Post by weslin3 on Fri 18 Sep 2020, 10:26 am

[You must be registered and logged in to see this link.] wrote:Thanks Proven...I like it!!!

I likey like it too..... drunk

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