Home
[You must be registered and logged in to see this link.]
- SATURDAY, 06-04-2022, AM 12:02
- KARAR AL ASADI
[You must be registered and logged in to see this link.]
By: Dr. Emad Abdel Latif Salem
Why do we make laws, and not enforce them?
Why do we set laws, then begin to circumvent them with alternative laws, contradicting them, and violating their provisions?
Why do we set laws that specify binding “timings” for preparing the federal general budget (for example), and we do not abide by these timings, or does an authority (of the three authorities) take decisions, or legislate laws that intersect with it?
How useful would it have been for us, if the provisions of the Federal Financial Management Law No. (6) of 2019 were implemented instead of this financial-political “nonsense”, which everyone has plunged into its noise, its “fuss”, and the lack of it now?
Who is legally (and mandated) legally (and constitutionally) qualified to file lawsuits against “the authorities” responsible for the severe consequences of violating the provisions of this law, prosecute them, and put them behind bars?
Those who are interested should answer questions like these, because I am not “legally” qualified (by virtue of my jurisdiction) to answer them.
Below I will present to you the most important “provisions” of the financial management law referred to, which I believe is the failure to comply with it, which led us to the financial - living - political dilemma - the consequences of which we are now experiencing.
Federal Financial Management Law No. 6 of 2019
(articles related to the current political-financial “blockages”)
1- Article -4- Second: “The annual budget starts from 1/1 and ends on 31/12 of the same year. The Federal Ministry of Finance has the right to prepare a medium-term budget for a period of three years, to be submitted once, and it is legislated, and the first year is obligatory, and to the Council of Ministers based on the A proposal from the Ministries of Planning and Finance to amend it for the second and third years, with the approval of the House of Representatives. “I don’t know why such a budget was not prepared (or put into practice), knowing that there is a “strategy” for the general budget that is prepared every three years?
2- Article -6- Fourth: “The deficit in the planning budget may not exceed 3% of GDP.” That is, if the gross domestic product is $200 billion, then the budget deficit should not exceed $6 billion (what Approximately 9 trillion dinars) .. and this has not been adhered to in any budget law for twenty years.. and for information only, the total planned deficit in the federal general budget for the year 2021 is 28.672 trillion dinars (equivalent to three times the deficit specified in the Administration Law effective finance).
3- Article -11-: “The Council of Ministers shall discuss, approve, and present the draft budget law to the House of Representatives, before mid-October of each year.” If this is the case, then how was the date of the early parliamentary elections determined, so that the early parliamentary elections would not be held? Will we even have a parliament in mid-October 2021? Why did no authority (or party) object to this?
4- Article -8- Second: The federal general budget draft law includes the following:
D- “An emergency reserve for a fiscal year, not exceeding 5% of the total estimated expenditures in the budget (both commercial and investment), for emergency and unexpected situations that occur after the issuance of the The Federal General Budget Law... If this "reserve" was present in the 2021 budget... would it have been a possible (and sufficient) alternative to the "Emergency Support Law for Food Security and Development"?... If this "reserve" did not exist, then the calamity greatest.
5- Article -13- Third: “In the event that the draft general budget law for a particular fiscal year is not approved, the final financial statements for the previous year shall be considered the basis for the financial statements for this year, and they shall be submitted to the House of Representatives for the purpose of approval.”
6- Article -18- Second: “In the event of a law entailing the disbursement of sums on the general budget, its application should be from the following year, in order to make the necessary allocation to it.”
7- Article 19- Second: “When the actual revenues exceed the estimates in the general budget law for the fiscal year, and after covering the actual deficit (if any), the surplus is provided for use in the budgets of the following years in a sovereign fund.” I do not know (personally) that Whether this "sovereign fund" existed or not, but I admit that I heard some "officials" on this subject, talking about it, for many years.
8- Article -19- Third: “The Council of Ministers, when declaring a state of emergency, may submit to the Council of Representatives a draft law to increase spending.”
9- Article -20- First: “The Council of Ministers may use the emergency reserve allocations to cover urgent, unexpected and emergency expenses that were arranged after the issuance of the Federal General Budget Law, and were approved by the Council of Ministers based on a proposal from the Prime Minister or the Minister of Finance.”
I think (and I may be wrong, of course) that the implementation (or application) of Articles 19 and 20 above may intersect with the Federal Court's decision regarding the powers and duties of the "caretaker" government... not to mention the responsibilities and limitations of declaring a "state of emergency".
Finally, I hope that there will be sound, wise and efficient financial-economic solutions that take into account the interests of the poorest and most vulnerable segments of the population, away from the useless political “clownism” in these very difficult and dangerous circumstances, from which Iraq is suffering from severe pressures now. , despite the large (and unprecedented) revenues from crude oil exports.
(Source: Federal Financial Management Law No. (6) of 2019, Al-Waqa’i Al-Iraqiya newspaper, No. 4550, August 5, 2019)
[You must be registered and logged in to see this link.]
» Information on the spread of counterfeit currency in the local markets
» A hint that dollar sales outlets have turned into "targets" for financial crime - urgent
» Expert: There are two possibilities behind the Sudanese description of the dinar as "stronger" than
» Al-Sudanese reveals an overview of the 2023 budget: changing the price of the dollar is “important”
» The Finance Committee reveals its impression of the meeting with the central bank governor regarding
» The Council of Ministers approves a package of decisions topped by electric energy and the economy
» Al-Sudani criticizes his predecessor's policies regarding the dollar: they were not at the required
» Al-Sudani talks about "circumstances" that prevent his visit to Washington, and sends "Hussein" to d
» "Anti-Corruption" .. a judicial investigator in every Iraqi channel
» He distributed his money to “politicians and media figures.” Al-Sudani reveals “New Nour Zuhair” and
» Iraq is in the process of signing two memorandums of cooperation with "General Electric and Siemens"
» An international anti-money laundering group agrees to nominate Iraq as a member
» The Central Bank announces acceptance of Iraq's candidacy for membership in the "Egmont Group"
» What about the dollar and appointments? The full text of the first television interview with Al-Suda
» Alia Nassif calls for the martyrs and wounded of the Popular Mobilization Forces to be included in p
» Al-Sudani orders the study of proposals regarding the decision to own agricultural land for citizens
» Mawazine publishes the text of the Council of Ministers' decisions for today
» Parliamentary Finance: All customs secretariats of the Customs Department will be reviewed
» Al-Sudani reveals the details of the theft of the century and confirms: All possibilities are contai
» Central Bank: Acceptance of Iraq's candidacy in the Egmont Group of Financial Intelligence Units
» Electricity and industry are preparing early to improve the reality of energy supply next summer
» The agreement option guarantees the stability of the relationship between the region and Baghdad
» Al-Sudani: We will return the dollar to its official rate
» Full decisions of the Council of Ministers during today's session
» Deputy: The crisis of the rise of the dollar is a major challenge for the Sudanese government
» Deputy: The sale of currency came from companies and money changers affiliated with politicians
» A meeting of the Iraqi Central Bank with its American counterpart to discuss the dollar after two da
» KTFA Monday Night CC "A Big Meeting To.....Mary" 1-30-2023
» A meeting between Parliamentary Finance and the Central Governor about plans to address the price of
» With names.. An Iranian report reveals the mechanisms of dollar smuggling from Iraq
» 5 months after its approval, a parliamentary committee confirms that it has not received the governm
» In preparation for hosting it.. Parliamentary Finance is preparing 20 questions for the Minister of
» Al-Fateh presents a vision to control the dollar crisis
» America is offering Iraq to build an electricity system on a global level
» Sudanese to citizens: Do not acquire the dollar.. The dinar is stronger
» Democrat: The atmosphere is positive between Baghdad and Erbil, and the budget amounts are still unk
» Parliamentary efforts to adopt a single window to limit the control of political parties over invest
» A list of banks accredited by the Central Bank to grant housing loans
» Minister of Construction: The continuation of the loss of our four companies is completely unaccepta
» The rise in the exchange rates of the US dollar against the Iraqi dinar on the main stock exchange i
» Minister of Industry: Reducing the price of black oil sold to factories in support of local industri
» Independent Deputy: Most of the heads of parliamentary committees have no experience or competence
» Iraqi Finance costs two new heads of the Customs Authority and the Insurance Company
» Al-Sudani: The government program includes serious and clear solutions to overcome the problem of th
» Al-Sudani: Any official who does not provide solutions to problems, we will tell him to "trust"
» The US ambassador confirms her country's refusal to let Iraq be an arena of international conflict
» Changes in the finances.. Ending the assignment of the Director of the Customs Authority and transfe
» Qubad Talabani: A long-term agreement between Erbil and Baghdad in accordance with the constitutiona
» Warnings of attempts to destroy the currency... Concern across the Iraqi platforms after the discove
» Disclosure of proposals for allocating plots of land and salaries for these groups
» The Federal Court sets a date for the consideration of the appeal against the constitutionality of t
» Al-Mamouri: Members of the parliamentary committees were brought into a dark room and forced to choo
» Trade is preparing to receive more than one million and 700 thousand additional names for the food b
» Announcing the date of applying the health insurance law to employees within a trial phase
» Newspaper: The "factions' outlet" with Syria returns to the limelight and collides with the framewor
» The opening of the banking markets in Iraq at a high price of the dollar
» Observatory calls for holding the promoters of the black currency market accountable
» Research center: The federal decision on the region put 'state administration' in front of 3 possibi
» Sources: The election nominations spark a dispute between Al-Sudani and Al-Maliki
» Baghdad and Tehran are discussing the possibility of establishing a joint industrial city
» Directed to reduce the financial burdens imposed on auditors of the internal departments
» Postponement of the Federal Court session on extending the session of the Kurdistan Parliament
» An American report analyzes the details of the Iraqi leader Al-Nujaba's visit to Russia
» Banking official: New instructions will be launched by the Central Bank regarding financial transfer
» in Iraqi Crisis of the Iraqi dinar.. causes and repercussions
» With the document.. Al-Rafidain Bank stops deducting advance installments manually
» Banking official: New instructions will be launched by the Central Bank regarding financial transfer
» The Central Bank will soon adopt the merchant’s deposit in dinars and the receipt of dollars accordi
» Parliamentary Finance discusses with the Governor of the Central Bank "crisis" of the dollar
» memorandum of understanding with France is covered by the provisions of the Money Recovery Law
» Al-Mandalawi: The most important priority that Parliament will focus on is the legislation of the bu
» The Ministry of Interior confirms the arrest of a "good" number of currency speculators
» Central Bank: We did not indicate any increase in the spread of counterfeit currencies
» Al-Mandalawi: The House of Representatives is proceeding with enacting important laws
» Shaswar Abdul Wahed opens fire on the two ruling Kurdish parties: they loot 30% of the region's mone
» Next week, without conditions, a second round of dialogue between the two Kurdish parties in Erbil
» The US ambassador calls for building a world-class electricity system to serve the Iraqis
» The central bank meets with banks to discuss the dollar crisis
» The exchange rate of the dollar is close to 170,000 dinars in Baghdad
» Statement: The dollar crisis file and the necessary solutions are on the parliamentary and central f
» Parliamentary Finance Discusses With The Governor Of The Central Bank The High Exchange Rates Of The
» Al-Maliki.. Election Of Committee Chairs Is A Step To Activate The Oversight Role Of Parliament
» A Source Confirms... Fighting Corruption Is One Of The Prime Minister's Top Priorities
» The New York Times on the razing of orchards and ill-conceived reconstruction in Baghdad: "money lau
» Zaidan and Talabani discuss the role of the judiciary in promoting security and community peace
» Association: Poultry projects in Kurdistan complain of government neglect and the high dollar threat
» The Federal Supreme Court .. is holding its third session to decide on the unconstitutionality of ex
» The Council of Ministers holds its regular session under the chairmanship of Prime Minister Mohamed
» The President of the Supreme Judicial Council receives the Vice President of the Kurdistan Regional
» Federal decision on the territory restores political tension
» Director of Customs: advanced stages of amending the Authority's law
» Deputy: It is too early to talk about a federal oil and gas law
» Trade plans to adjust prices next Ramadan
» Presidency of the World Economic Forum appreciates the participation of the President of the Republi
» Wide popular interaction with the {notify} platform
» Politicians: Federal Court decisions above all
» Extinguishing the debts of the wounded and martyrs of the Popular Mobilization Forces in government
» Parliamentary Finance calls for expediting the sending of the budget law