POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]
[size=52]Finance Committee: The amount of the budget will reach 150 trillion dinars, with a deficit of 100%[/size]
[size=45]Baghdad / Firas Adnan[/size]
[size=45]The Parliamentary Finance Committee suggested that the total amounts of the budget law be 150 trillion dinars, pointing out that the deficit will not exceed 10%, and talked about the possibility of including 75,000 job degrees for holders of higher degrees and first graduates from universities, indicating that the government will finish discussions on the law and send it to parliament early next year.[/size]
[size=45]"The government is working on a daily basis to complete the country's general budget as soon as possible, as well as files for improving basic services and the Iraqi economic situation," Deputy Secretary-General of the Council of Ministers Farhad Nematullah said in an official statement yesterday.[/size]
[size=45]In addition, a member of the committee, Representative Mueen Al-Kadhimi, stated that “the current government headed by Muhammad Shia’a Al-Sudani was formed on the 27th of last month, which means that its age has just exceeded 30 days.”[/size]
[size=45]Al-Kazemi added, “Al-Sudani, upon assuming his duties, assigned the Ministries of Finance and Planning to draft the budget law, and directed that it be submitted as soon as possible.”[/size]
[size=45]He pointed out, "The Ministry of Finance estimates the operating expenses, while the Ministry of Planning estimates the expenditures on the investment side, and it pertains to the projects of the ministries and governorates."[/size]
[size=45]Al-Kazemi pointed out, "These two ministries are working on completing the ministries' sums, and after completing the draft, it will be submitted to the Council of Ministers in accordance with the constitutional and legal contexts."[/size]
[size=45]And he talked about “a discussion that will get the law in the Council of Ministers, in which political opinions will be presented, some of which are related to the Kurdistan region and the Iraqi components, and some amendments may be made to the articles.”[/size]
[size=45]Al-Kazemi expects that "this process will end soon in order to present the project to Parliament early next year, with the hope of legislating it."[/size]
[size=45]He warned, "The political blocs will not spend much time discussing, as they agree to support the government with legislation that helps implement the curriculum, and the most prominent of these legislations is the budget."[/size]
[size=45]Al-Kadhimi stressed, "The budget is supposed to translate primarily the ministerial platform, which won the confidence of the House of Representatives, in conjunction with the passing of the government."[/size]
[size=45]And the member of the Finance Committee continues, “Al-Sudani has emphasized many aspects, including health, electricity and energy,” stressing that “these files are supposed to be clear in the budget.”[/size]
[size=45]Al-Kazemi called for “allocating more funds for investment projects and infrastructure issues,” suggesting that “the amount of the budget will reach 150 trillion dinars, so it is assumed that there will be a large percentage of the investment and urban side that is commensurate with the ministerial curriculum.”[/size]
[size=45]And he continues, “The last budget that Iraq legislated was in the year 2021, which witnessed a reproduction of the revenues and expenditures of previous years and did not include a reform program.”[/size]
[size=45]And Al-Kazemi finds that “the situation has changed now, and the street is waiting for the draft budget to include materials that meet ambitions, such as the existence of 75,000 job grades for holders of higher and first degrees since 2003.”[/size]
[size=45]He stressed that "distributing these grades to those who deserve it is the responsibility of the Federal Service Council," noting that "the general situation requires sums of money, especially in addressing the needs of the disadvantaged governorates that have been affected by terrorism."[/size]
[size=45]Al-Kazemi noted, "The current rise in oil prices cannot be relied upon when estimating Iraq's revenues, and the evidence is the relative decline that occurred during the past days," calling for "taking into account the possibilities that may occur in the future, foremost of which is the continued decline in prices."[/size]
[size=45]And he stated, "What was calculated in the 2021 budget is 45 dollars per barrel, with a production of 3 million and 250 thousand barrels per day," stressing that "oil revenues were less than 90 trillion Iraqi dinars."[/size]
[size=45]And Al-Kazemi indicated that, with “calculating the price of a barrel of oil at 75 dollars, the revenues will be 127 trillion Iraqi dinars if production remains the same according to the quota approved by the Organization of Petroleum Producing Countries (OPEC) for Iraq.” He stated, "The situation requires the government to work to diversify revenues, by benefiting from the agricultural and industrial sectors and controlling customs and tax revenues."[/size]
[size=45]And he went on to say that “the current government is serious about diversifying sources of revenue and not relying on a clear source,” stressing “the need for us to have a strategy in the next stage and cooperation from all to advance it.”[/size]
[size=45]And Al-Kazemi went on, speaking about “the possibility of a 10 trillion dinars deficit in the 2023 budget, taking into account that this year is the first in which Iraq does not have indebtedness towards Kuwait.”[/size]
[size=45]For his part, another member of the committee, Atwan Al-Atwani, stated that “Parliament has contact with the government in order to ripen the budget law.”[/size]
[size=45]Al-Atwani added, "There are aspirations that the Council of Ministers will finalize the law and send it to parliament early next year."[/size]
[size=45]He pointed out, "All parliamentary blocs are ready to discuss and study the law through the first reading and the report of the Finance Committee, leading to a vote on it."[/size]
[size=45]Al-Atwani concluded, “The legislative term will begin on the ninth of next month, and after that we will enter a one-month recess only,” expressing his hope that “this period will be sufficient for the government to complete all the provisions of the law.”[/size]
[size=45]Prime Minister Muhammad Shia al-Sudani had stressed, during a meeting on the budget two days ago, “the need to complete the draft budget law as quickly as possible and submit it to the House of Representatives in order for it to enter into force without delay.”[/size]
[size=45]Al-Sudani added, according to a government statement received by (Al-Mada), that “the law targets, in its allocations, the priorities adopted by the ministerial curriculum, which are combating unemployment, reducing poverty rates, combating corruption, upgrading services, as well as reforming the economy.”[/size]
[size=45]The statement indicated, "Al-Sudani directed that the draft budget law take into account the importance of presenting infrastructure projects over other projects."[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]Finance Committee: The amount of the budget will reach 150 trillion dinars, with a deficit of 100%[/size]
[size=45]Baghdad / Firas Adnan[/size]
[size=45]The Parliamentary Finance Committee suggested that the total amounts of the budget law be 150 trillion dinars, pointing out that the deficit will not exceed 10%, and talked about the possibility of including 75,000 job degrees for holders of higher degrees and first graduates from universities, indicating that the government will finish discussions on the law and send it to parliament early next year.[/size]
[size=45]"The government is working on a daily basis to complete the country's general budget as soon as possible, as well as files for improving basic services and the Iraqi economic situation," Deputy Secretary-General of the Council of Ministers Farhad Nematullah said in an official statement yesterday.[/size]
[size=45]In addition, a member of the committee, Representative Mueen Al-Kadhimi, stated that “the current government headed by Muhammad Shia’a Al-Sudani was formed on the 27th of last month, which means that its age has just exceeded 30 days.”[/size]
[size=45]Al-Kazemi added, “Al-Sudani, upon assuming his duties, assigned the Ministries of Finance and Planning to draft the budget law, and directed that it be submitted as soon as possible.”[/size]
[size=45]He pointed out, "The Ministry of Finance estimates the operating expenses, while the Ministry of Planning estimates the expenditures on the investment side, and it pertains to the projects of the ministries and governorates."[/size]
[size=45]Al-Kazemi pointed out, "These two ministries are working on completing the ministries' sums, and after completing the draft, it will be submitted to the Council of Ministers in accordance with the constitutional and legal contexts."[/size]
[size=45]And he talked about “a discussion that will get the law in the Council of Ministers, in which political opinions will be presented, some of which are related to the Kurdistan region and the Iraqi components, and some amendments may be made to the articles.”[/size]
[size=45]Al-Kazemi expects that "this process will end soon in order to present the project to Parliament early next year, with the hope of legislating it."[/size]
[size=45]He warned, "The political blocs will not spend much time discussing, as they agree to support the government with legislation that helps implement the curriculum, and the most prominent of these legislations is the budget."[/size]
[size=45]Al-Kadhimi stressed, "The budget is supposed to translate primarily the ministerial platform, which won the confidence of the House of Representatives, in conjunction with the passing of the government."[/size]
[size=45]And the member of the Finance Committee continues, “Al-Sudani has emphasized many aspects, including health, electricity and energy,” stressing that “these files are supposed to be clear in the budget.”[/size]
[size=45]Al-Kazemi called for “allocating more funds for investment projects and infrastructure issues,” suggesting that “the amount of the budget will reach 150 trillion dinars, so it is assumed that there will be a large percentage of the investment and urban side that is commensurate with the ministerial curriculum.”[/size]
[size=45]And he continues, “The last budget that Iraq legislated was in the year 2021, which witnessed a reproduction of the revenues and expenditures of previous years and did not include a reform program.”[/size]
[size=45]And Al-Kazemi finds that “the situation has changed now, and the street is waiting for the draft budget to include materials that meet ambitions, such as the existence of 75,000 job grades for holders of higher and first degrees since 2003.”[/size]
[size=45]He stressed that "distributing these grades to those who deserve it is the responsibility of the Federal Service Council," noting that "the general situation requires sums of money, especially in addressing the needs of the disadvantaged governorates that have been affected by terrorism."[/size]
[size=45]Al-Kazemi noted, "The current rise in oil prices cannot be relied upon when estimating Iraq's revenues, and the evidence is the relative decline that occurred during the past days," calling for "taking into account the possibilities that may occur in the future, foremost of which is the continued decline in prices."[/size]
[size=45]And he stated, "What was calculated in the 2021 budget is 45 dollars per barrel, with a production of 3 million and 250 thousand barrels per day," stressing that "oil revenues were less than 90 trillion Iraqi dinars."[/size]
[size=45]And Al-Kazemi indicated that, with “calculating the price of a barrel of oil at 75 dollars, the revenues will be 127 trillion Iraqi dinars if production remains the same according to the quota approved by the Organization of Petroleum Producing Countries (OPEC) for Iraq.” He stated, "The situation requires the government to work to diversify revenues, by benefiting from the agricultural and industrial sectors and controlling customs and tax revenues."[/size]
[size=45]And he went on to say that “the current government is serious about diversifying sources of revenue and not relying on a clear source,” stressing “the need for us to have a strategy in the next stage and cooperation from all to advance it.”[/size]
[size=45]And Al-Kazemi went on, speaking about “the possibility of a 10 trillion dinars deficit in the 2023 budget, taking into account that this year is the first in which Iraq does not have indebtedness towards Kuwait.”[/size]
[size=45]For his part, another member of the committee, Atwan Al-Atwani, stated that “Parliament has contact with the government in order to ripen the budget law.”[/size]
[size=45]Al-Atwani added, "There are aspirations that the Council of Ministers will finalize the law and send it to parliament early next year."[/size]
[size=45]He pointed out, "All parliamentary blocs are ready to discuss and study the law through the first reading and the report of the Finance Committee, leading to a vote on it."[/size]
[size=45]Al-Atwani concluded, “The legislative term will begin on the ninth of next month, and after that we will enter a one-month recess only,” expressing his hope that “this period will be sufficient for the government to complete all the provisions of the law.”[/size]
[size=45]Prime Minister Muhammad Shia al-Sudani had stressed, during a meeting on the budget two days ago, “the need to complete the draft budget law as quickly as possible and submit it to the House of Representatives in order for it to enter into force without delay.”[/size]
[size=45]Al-Sudani added, according to a government statement received by (Al-Mada), that “the law targets, in its allocations, the priorities adopted by the ministerial curriculum, which are combating unemployment, reducing poverty rates, combating corruption, upgrading services, as well as reforming the economy.”[/size]
[size=45]The statement indicated, "Al-Sudani directed that the draft budget law take into account the importance of presenting infrastructure projects over other projects."[/size]
[size=45][You must be registered and logged in to see this link.]
» Nader " Good morning I can use my Iraqi debit card in America" 5-28-2023
» Up to 50 million.. Launching soft loans for this segment
» Government spokesman: Iraq is determined to start the development path project in 2024
» Increasing the salaries of retirees is the prerogative of the prime minister, and parliament cannot
» Obelisk Clock.. Deputy: SOMO confirmed the exit of 160 million barrels from Kurdistan to Israel at a
» Expert: 300 million dollars are spent daily, and Iraq's dispute with the federal government still ex
» Restricting dealings in dinars.. Government directives to support the national currency and hold vio
» Two possibilities stand behind the “exploding” of the parliamentary finances, the Sudanese agreement
» The Central Bank discusses the electronic collection project through pos devices
» Economist: The budget crisis will not affect the salaries of Kurdistan employees
» Al-Baldawi: The coming days will witness the dismissal of governors and deputy ministers from their
» Al-Karawi: Kuwait seeks to obstruct the Al-Faw port project at any cost
» The framework announces its five recommendations during a meeting of its leaders
» Al-Halbousi's setbacks continued after the valiant took control of his electoral positions in Diyala
» After passing the budget... the oil and gas laws and the general census are on the parliament table
» The Minister of Labor announces the launch of the 35th batch of soft loans
» Up to 25 million.. Al-Rafidain launches a new meal from the predecessors
» Kurdistan puts the stick in the wheel to obstruct the passage of the budget
» An economist told Nina: Opening a window to receive farmers' deposits in dinars will contribute to r
» An economist to Nina: Imposing taxes on mobile phone cards is an "improper" measure that reduces the
» The Iraqi Central Bank's sales of foreign currency decreased today
» The Pension Authority is discussing with the International Monetary Fund its plans for administrativ
» An economist points out the importance of the Saudi economy entering into a complex relationship wit
» Ministry of Interior: Government directives regarding dealing in dollars instead of dinars
» The budget session includes the numbers of the “missing”... Kurdistan rejects the amendment, and Bag
» Al-Sudani visits a factory to see its production plans
» The judiciary is looking to address the legal problems of the oil companies in Kurdistan
» Deputy: You will not pass a budget that robs the rights of the center and the south
» Report: Iran is blackmailing Iraq by cutting gas to pay off debts and obstructing its cooperation wi
» For the eighth month.. Russia continues to remove Iraq from oil exports to India
» High dollar prices in Baghdad and Erbil
» Iraq refuses to include women in bodybuilding championships: Our customs do not allow
» The Iraqi budget.. "zero" environmental allocations
» Chinese companies account for the largest share of Iraq's oil exports in a month
» Billions of losses due to the cessation of Kurdistan's oil exports: the government's inability to fi
» A collective decline in the Gulf stock exchanges, due to the possibility of raising the US interest
» The IMF expresses its "satisfaction" with the strategic priorities of the Iraqi Retirement Authority
» Dollar exchange rates in the local markets
» About 70% of Iraqis live in urban areas
» A Kurdish delegation is discussing with Zaidan the legal problems related to the oil companies
» During 2023.. the fifth arrest warrant was issued against a former Iraqi governor
» Nechirvan Barzani comments on the crisis of the amendments to the budget law: the people are bored
» A deputy calls for approving a budget that does justice to everyone and adheres to the constitution
» Parliament waves the dismissal of governors and general managers
» A leader in the framework: The amendments to the articles of the region came at the suggestion of Ku
» Canceling the budget amendments for the Kurds.. Al-Barti to (Baghdad Today): One party abstained - U
» The Central Bank and the Association of Banks are preoccupied with forums, and the dollar continues
» The Central Bank of Iraq sells more than 250 million dollars in an auction on Monday
» Asiacell, Qi Card, and Digital Zone announce joint cooperation to develop electronic payment service
» Parliamentary Committee: Starting oil and gas legislation after the parliament recess
» The two prime ministers and the Supreme Judicial Council are discussing ways to enhance integration
» The government spokesman reveals the start date of the implementation of the development path projec
» A Kurdish delegation is discussing with Zaidan the legal problems related to the oil companies
» Iraq and the International Monetary Fund are discussing plans for the Pension Authority in administr
» Ministry of Interior: 5 years imprisonment for dollar dealers
» It will provide thousands of jobs.. Government talk about surprises related to the "development path
» Parliamentarian: "The path of development" is a pillar of the Iraqi economy.. We will move away from
» Dollar exchange rates in the Iraqi market
» Baghdad and Erbil discuss the legal problems related to the oil companies in Kurdistan
» A deputy denounces the "allegations" of the Finance Committee: There is no budget deficit!
» Disagreements over the budget raise doubts about the secrets of the government formation agreement w
» Iraq's oil exports amounted to 98 million barrels, with revenues reaching $7 billion
» Report: Iran is blackmailing Iraq by cutting gas to pay off debts and obstructing its cooperation wi
» Details of the Sudanese meeting and the delegation of the International Renewable Energy Agency
» Al-Sudani's advisor: The Iraqi market is still not defined, and the guarantee law will regulate its
» Between supporters and opponents.. A fierce debate about the new path of development in Iraq
» Oil products call on the owners of generators who do not own a (gas) share to complete their transac
» The Minister of Planning chairs the first meeting of the steering committee to enhance joint coopera
» More than 27 trillion dinars, the volume of financial revenues in Iraq's budget in March
» "After the recent amendments".. Shafaq News publishes the 2023 budget bill
» Cautious estimates in the "road of development" .. Hopes and obstacles in front of Iraq
» Iraq reveals the history of the electrical connection with Jordan
» Al-Sudani reviews Iraq's plans for environmental threats to the delegation of the International Rene
» "The political agreement is not an alternative." The framework's message to the objectors: Violation
» Responsible for 60% of the "smuggled" crops.. cut off a major smuggling artery from Kurdistan to Bag
» The President of the Republic receives the delegation of the Jihad and Construction Movement
» The President of the Republic receives the Minister of Industry and Minerals
» Minister of Justice Khaled Shwani receives the head of the delegation of the International Committee
» Government advisor: Iraq is currently one of the countries with moderate prices compared to other co
» Director General at the Ministry of Commerce.. Inflated funds and illegal gain
» The Iraqi Central Bank announces the sale of more than 40 million dollars in cash today, Sunday
» Outputs of the Sudanese meeting of the opinion body in the Ministry of Resources
» The Minister of Finance of the Region: Amending Articles 13 and 14 in the budget has left no power f
» Ministry of Oil: Last month's revenues amounted to more than $7 billion
» The Prime Minister's advisor reveals the percentage of budget support for fuel, electricity and serv
» Sudanese Consultant: The Workers' Insurance Law constitutes a turning point towards regulating the m
» Governmental parliamentary agreement to reduce Internet prices
» A legal expert explains how to adjust the salaries of retirees and the possibility of increasing the
» Anbar clans warn of the repercussions of the return of the criminal Baath
» Parliamentary Oil: Türkiye is blackmailing Iraq to prevent it from receiving compensation from the P
» A Jordanian politician told Al-Malooma: America flooded Iraq with corruption and chaos
» Legal: The government is obligated to sever relations with Jordan
» The budget session includes the numbers of the "missing"... Kurdistan rejects the amendment, and Bag
» Parliamentary confirmation of passing the budget at the end of this week
» A Bond Revealing The Details Of The First Session Of The Federal Court Regarding The Election Law
» Parliamentary Finance discusses the mechanism for making transfers between spending units
» Director General of Ports: Iraq, through the path of development and the great port of Faw, will be
» The work of the 11th meeting of the Technical Committee for Arab Rules of Origin, chaired by Saudi A