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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 talks about an "understanding" to approve the budget tomorrow

    Rocky
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    Parliamentary Finance talks about an "understanding" to approve the budget tomorrow Empty Parliamentary Finance talks about an "understanding" to approve the budget tomorrow

    Post by Rocky Sat 27 Mar 2021, 2:21 pm

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    [size=41]Parliamentary Finance talks about an "understanding" to approve the budget tomorrow[/size]
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    Today, Saturday, a member of the Parliamentary Finance Committee, Muhammad al-Shabki, confirmed that there is an understanding between the parliamentary blocs to approve the 2021 budget, while indicating that it does not have any decision regarding whether or not to reduce the exchange rate.
    "The meeting that took place today between the committee, the ministers and the second deputy speaker of the House of Representatives aims to amend some of the formulations and paragraphs contained in the draft budget bill," Al-Shabaki said, in an interview reported by the Iraqi News Agency.
    He added, "There is a set of articles that must be reconsidered in its technical formulation," noting that "the meeting did not discuss contentious articles and did not address the region's share in the budget, because this issue is political."
    He pointed out that "the committee discussed some articles of the draft budget law, including the development of regions, the investment budget and some loans for projects of the Ministry of Electricity and Oil, and deliberations were made with the ministers in this regard."
    He pointed out that "the Minister of Finance spoke about the issue of the exchange rate without giving a decision to the Parliamentary Finance Committee," stressing that "this matter is left to the government's discretion."
    And that "the mission of the Parliamentary Finance Committee is to conduct transfers and some increases and reductions and to ensure that there are no breaches of sovereign loans."
    Shbaki noted that "the committee does not have any decision regarding lowering the exchange rate or not," indicating at the same time, "the existence of an understanding between the political blocs to approve the budget law in tomorrow's session."
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