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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliamentary Finance: We will not approve a new loan and lose 6 trillion of the previous amount

    Rocky
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    Parliamentary Finance: We will not approve a new loan and lose 6 trillion of the previous amount  Empty Parliamentary Finance: We will not approve a new loan and lose 6 trillion of the previous amount

    Post by Rocky Tue 29 Sep 2020, 5:34 pm


    [size=32][rtl]Parliamentary Finance: We will not approve a new loan and lose 6 trillion of the previous amount [/rtl]


    September 29, 2020
    93

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    Parliament recess delays approval of the salary insurance bill

    Parliamentary Finance: We will not approve a new loan and lose 6 trillion of the previous amount

    Baghdad - Time

    The Parliamentary Finance Committee confirmed yesterday that it will not approve the local borrowing, which the government intends to submit to pay the salaries of employees and retirees, because Parliament is on a compulsory vacation due to the forty-day visit, and it will not meet before October 10, while a deputy from the Saeron Alliance asked a parliamentary question to the Ministry of Finance about The reason for her delay in introducing the borrowing law and the contradiction in her statements. Committee reporter Ahmed Al-Saffar said in a statement that (in the event that the borrowing paper from the Ministry of Finance is submitted to Parliament, the committee will not approve it, especially while we are on the compulsory holiday for the fortieth visit, and Parliament will not meet before October 10), explaining that (it was among The conditions for approval of the first borrowing law are that there should be no other borrowing, in addition to the government's submission of a reform paper that was supposed to be completed in advance and was postponed to the middle of next month).
    Parliament had previously approved a draft borrowing bill, with which Al-Hikma secured the salaries of the past months until this September. Al-Saffar stressed (the Ministry of Finance announced its failure in financial planning and the failure to provide the necessary supplies), noting that (oil revenues amount to more than 4 trillion dinars, and the loan taken is 15 trillion dinars, which must pay the salaries of employees to the tenth month, and therefore there is a financial gap of two trillion dinars. Every month - meaning that the finance spent 9 trillion in three months - and there are 6 trillion dinars lost from the internal borrowing funds), wondering (where did this amount go?). For its part, the MP for the Saeron Alliance, Enas Naji Kazem Al-Maksousi, asked the Presidency of Parliament to address a parliamentary question to the ministry about the reason for its delay in presenting the borrowing law and the contradiction in its statements.
    Al-Maksousi appealed in a document that (Al-Zaman) saw yesterday the Presidency of the Council to direct a parliamentary question to the Minister of Finance, the content of which is that (the draft budget law for the year 2020 was sent to Parliament and on the same day the draft was withdrawn for the purpose of adding some amendments), adding that (the ministry announced that the salaries of employees are fully insured. We are surprised, four days later, by the ministry sending a draft of the internal borrowing bill.) The deputy called on the ministry to (clarify this contradiction and are the salaries of employees secured or not?) The ministry had sent the day before yesterday a draft of the draft domestic borrowing law to finance the fiscal deficit for the year 2020 to the Council of Ministers for approval. And she said in a statement that she (assures citizens to work diligently to ensure that all government obligations are fulfilled and on time, and on top of those obligations are the salaries of state employees, retirees and social care), explaining that she (is currently preparing a detailed road map to finance basic expenditures for the remaining three months of The current year, and will soon be presented to the House of Representatives), adding that (this plan will include increasing the ministry's ability to borrow internally, and once approved, it will enable it to start securing government salaries in full). MP Muhammad Sahib Al-Darraji warned of an economic collapse due to the collapse of the political system. He said in a tweet monitored by (Al-Zaman) yesterday that (those in control of the situation in Iraq are preoccupied with the relationship with America and detailing the election law according to their size), adding (Listen to my voice:
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