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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

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


    Budget for the poor ... welfare salaries, 1000 schools, and provincial development projects

    Rocky
    Rocky
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    Budget for the poor ... welfare salaries, 1000 schools, and provincial development projects Empty Budget for the poor ... welfare salaries, 1000 schools, and provincial development projects

    Post by Rocky Sun 11 Apr 2021, 7:24 am

    [size=52]Budget for the poor ... welfare salaries, 1000 schools, and provincial development projects[/size]

    [size=45]Baghdad / Hussein Hatem[/size]
    [size=45]With a simple calculation based on the poverty indicators issued by the Ministry of Planning recently, we discover that about 16 million Iraqis out of 41 live below the poverty line.[/size]
    [size=45]Most of them are classified as unemployed, while the rest are working, but their daily sustenance is not sufficient to meet their basic needs.[/size]
    [size=45]The indicators of poverty in the country increased due to the events of ISIS 2014 and after, due to the health curfew, from 18% to 25%. What did the budget provide for them?[/size]
    [size=45]The representative of the Kurdistan Islamic Union bloc Jamal Cougar said in an interview with Al-Mada that “the current year’s budget provided many benefits to the poor and middle classes,” indicating that “its allocations were represented by social welfare salaries and 1000 schools in addition to 4 trillion dinars distributed over the provinces as a development for the establishment of Projects ”.[/size]
    [size=45]Cougar, who is a member of the Parliamentary Finance Committee, adds that "the majority of the budget will go to the establishment of projects, and therefore these projects will be in the interest of the citizen."[/size]
    [size=45]The member of Parliament went on to say that "what the media is marketing to is that all the sums should go to subsidies, and without effort this does not exist in any country in the world."[/size]
    [size=45]Cougar concluded by saying, "The budget is a state budget, and therefore whoever works hard and diligently wins a project is the actual benefactor." It is not excluded that "there will be among the beneficiaries bodies based on corruption."[/size]
    [size=45]In turn, a member of the Economic and Investment Committee, Nada Shaker Jawdat, said in an interview with Al-Mada that “the worst thing in the 2021 budget is its lack of allocations for industrial sectors that attract many unemployed youth,” indicating that “these sectors if allocations are made for them and work on them It ended a lot of protests and the graduates ’constant demands.[/size]
    [size=45]Parliament approved on Wednesday evening March 31 the fiscal budget for 2021, which amounted to 101 trillion and 320 billion and 141 million and 985 thousand dinars (about 90 billion dollars), while the budget revenues were estimated at 129 trillion, 993 billion and 291 million dinars (about 105 billion dollars); While the total deficit reached 28 trillion and 672 billion and 867 million dinars (about 20 billion dollars).[/size]
    [size=45]The budget estimated the revenue account on the basis of $ 45 for the price of a barrel of oil, at a rate of 3.25 million barrels per day exported, while oil exports constitute 95 percent of the financial revenues of this budget.[/size]
    [size=45]One of the reasons for the delay in passing the draft of the financial budget was the parliamentary objection to the addition of deductions from the salaries of public sector employees that were canceled by the House of Representatives, as well as the imposition of tax and collection unfairly, as Iraqis see it.[/size]
    [size=45]"The government sector is very flabby and needs many other economic horizons to be a focal point for the absorption of manpower to achieve economic and political stability," Jawdat added, noting that "political stability regulates the stability of the country's economy."[/size]
    [size=45]The representative of the Nasr Coalition indicated that "the project of Prime Minister Mustafa Al-Kazemi is an economic reformist, according to the White Paper," noting that "the budget is supposed to be a translation of the government program that Al-Kazemi has put in place."[/size]
    [size=45]The member of Parliament believes that "the budget was distributed to the governorates and ministries, in addition to some sectors of the appointments that were made by the demands of political blocs," stressing that "the economic sectors did not attach great importance to contracting and establishing factories to be the main outlet to absorb unemployment."[/size]
    [size=45]The financial budget for the current year was also built on the basis of the Iraqi dinar exchange rate at 1450 per US dollar, in a move provided by Mustafa Al-Kazemi's government to provide cash liquidity to fill the financial deficit and to provide salaries and public expenditures.[/size]
    [size=45]The fiscal budget for 2021 included imposing taxes of 20 percent on mobile phone packing services, imposing a tax stamp of 25,000 dinars (17 dollars) on every Iraqi intending to travel abroad from Iraqi airports, and a stamp of 10,000 dinars on every Iraqi traveling internally, in addition to imposing a tax of 200 percent. Percentage on alcoholic beverages and 100% on imported cigarettes and tobacco. As for oil derivatives (motor fuels), they were subjected to a 15 percent tax on each liter, provided that these tax revenues are allocated as monthly incentives for tax authority employees and the rehabilitation of their infrastructure.[/size]
    [size=45]Jawdat went on to say, "One of the biggest negatives of the budget is that three-quarters of it is in loans," noting that "it will cause the state to have major problems."[/size]
    [size=45]The member of the House of Representatives continued her speech, saying that "the budget proposal with this program and performance is not due to the current government, but because of all governments after 2003, as they did not create economic sectors supportive of the oil sector," adding that "successive governments have made Iraq a rentier economy, its dependence on oil only." .[/size]
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