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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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    Al-Kaabi is surprised by the government's challenge to the petrodollar clause: its purpose is to sup

    Rocky
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    • Post n°1

    Al-Kaabi is surprised by the government's challenge to the petrodollar clause: its purpose is to sup Empty Al-Kaabi is surprised by the government's challenge to the petrodollar clause: its purpose is to sup

    Post by Rocky Wed 09 Jun 2021, 6:36 am

    [size=35][size=35]Al-Kaabi is surprised by the government's challenge to the petrodollar clause: its purpose is to support the producing provinces[/size]
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    Economie

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    2021-06-09 | 05:53
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    The First Deputy Speaker of Parliament, Hassan Al-Kaabi, confirmed today, Wednesday, that the purpose of fixing the petrodollar clause in the budget is to support the oil and gas-producing governorates.


    Al-Kaabi's media office said in a statement received by Alsumaria News, "The First Deputy Speaker of the House of Representatives expressed his astonishment at one of the governmental challenges submitted to the Federal Court regarding the draft Federal General Budget Law No. 23 of 2021 regarding the appeal against the text of Article (2-first-8). ".






    According to the statement, Al-Kaabi said, "We were very surprised that one of the appeals submitted by the government to the front [url=https://www.alsumaria.tv/Entity/3812751506/%D8%A7%D9%84%D9%85%D8%AD%D9%83%D9%85%D8%A9 %D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D9%84%D9%8A%D8%A7/ar/]Federal Supreme Court[/url] Regarding the Federal General Budget Law No. 23 of 2021 in connection with the challenge to the text of Article (2-first-8), which includes the establishment of a petrodollar fund in all governorates producing crude oil, refined oil or gas, it is managed by the concerned governor and financed monthly by increasing the price difference The result of selling crude oil prices over the price fixed in the budget law.
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    He added, "The inclusion of this legal text by the House of Representatives was intended to support these oil or gas-producing governorates, as they represent a major source of financing for the state's financial budget, especially the oil exported by our dear governorate." [You must be registered and logged in to see this link.]"Which contributes significantly and effectively to securing access to the necessary financing for infrastructure projects and the provision of necessary services to those governorates."

    A member of the Presidency pointed out that "the government has the right to challenge and exercise this constitutional right, but what is surprising here is that the Minister of Oil and his ministry, which is the relevant sectoral authority, is from the people of the province.[You must be registered and logged in to see this link.] Which is considered the first producer and exporter of Iraqi oil, and it would have been better for him, according to considerations of loyalty to this province, to formally confirm his objection in the suspicion [url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] to include such an appeal far from the public interest and the interest of the people, within the government's appeals against the budget law.
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