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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: The ministries and governorates demand 222 trillion dinars for their projects

    rocky
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    Parliamentary Finance: The ministries and governorates demand 222 trillion dinars for their projects Empty Parliamentary Finance: The ministries and governorates demand 222 trillion dinars for their projects

    Post by rocky Wed Dec 07, 2022 7:38 am

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    [size=52]Parliamentary Finance: The ministries and governorates demand 222 trillion dinars for their projects[/size]

    [size=45]Baghdad / Firas Adnan[/size]
    [size=45]The Parliamentary Finance Committee stated that the ministries and governorates demanded 222 trillion dinars to finance their projects, pointing out that these amounts will be divided over more than a year, stressing that the government has plenty of time to prepare the budget in conjunction with the parliament entering a legislative recess. extends for thirty days.[/size]
    [size=45]Committee member Mueen Al-Kadhimi said, "The process of preparing the budget law is the responsibility of the Ministries of Finance and Planning, before presenting it to the Council of Ministers for approval."[/size]
    [size=45]Al-Kadhimi continued, "These two ministries have received the claims of the governorates and ministries, estimated at 222 trillion dinars, pertaining to all the projects that need them."[/size]
    [size=45]He pointed out, "These claims are not necessarily disbursed during the next year, but rather in stages, including the needs of ongoing projects, which have reached stages of 50% or a little less than that."[/size]
    [size=45]Al-Kadhimi stressed, "This also includes lagging and new projects, as well as the operational and consumer aspect represented by salaries and contract confirmation."[/size]
    [size=45]And he goes on to say that “starting any project does not mean that we spend all the money it needs, but there are percentages, and therefore what the governorates and ministries need is not spent all at once, and it may extend to more than a year.”[/size]
    [size=45]And Al-Kadhimi stated, “The government, after entering parliament on a legislative recess this weekend, will have ample time to better prepare the budget and present it early next year.”[/size]
    [size=45]And he spoke, "Several amendments are being made within the government to the draft budget, including the executive and investment parts."[/size]
    [size=45]Al-Kazemi revealed, “The project includes 75,000 job degrees for the top three from each college, in addition to holders of higher degrees from master’s and doctoral degrees.”[/size]
    [size=45]And he added, "These degrees have been studied with the Ministry of Finance and distributed to the ministries, each according to their entitlement and in accordance with the required terms of reference, and they are announced through the official website of the Federal Public Service Council."[/size]
    [size=45]Al-Kadhimi believes, "The state has the potential to absorb this number of degrees, although the numbers are large and need about a trillion dinars annually in order to cover salaries."[/size]
    [size=45]And he disclosed, “74 thousand other job degrees to confirm the contract holders in the Ministry of Electricity who were appointed in 2019,” noting that “there is pressure on the subject of lecturers, but it has not been decided until now.”[/size]
    [size=45]Al-Kadhimi expected that "65% of the budget will go to the operational side, which is salaries and expenses, while the rest will go to the investment part, and this is a good percentage that will build the infrastructure that Iraq needs, and support the ministerial curriculum of the government of Muhammad Shia'a al-Sudani." He explained, "The current dialogues with the Kurdistan region regarding its share in the budget represent a continuation of previous agreements, within the state administration coalition on which the government was formed."[/size]
    [size=45]Al-Kazemi stressed, "the need to respect these consensuses, taking into account the interests of the oil-producing provinces, those affected by terrorism, and the disadvantaged."[/size]
    [size=45]And he continues, "The percentage of the Kurdistan region in the budget will be fixed through joint dialogues between the region and the federal government."[/size]
    [size=45]And Al-Kadhimi indicated that “the process should also include daily oil export quantities from the Kurdistan region, so clear statements must be provided to the Ministry of Oil about what is being exported,” expressing his belief that “the two parties will reach an agreement in this regard.”[/size]
    [size=45]And he stated, "The issue of the exported quantities was raised on the negotiation table, and the Kurdistan Region has promised to provide the full disclosures of its financial statements."[/size]
    [size=45]Al-Kadhimi concluded, "Parliament may need some time to discuss the law after it has been received from the government, but political consensus will greatly help speed up its passage." For his part, the other member of the committee, Jamal Koujar, agrees with Al-Kadhimi, that “the political blocs did not take long to resolve the budget law in parliament after it was received from the government.”[/size]
    [size=45]Cougar continued, "The law has not arrived until the present time, as it is with the government and is working on preparing it, and we had hoped that it would arrive before the legislative recess."[/size]
    [size=45]He pointed out, "All that is raised about the law is just leaks, and we have not seen anything official until now."[/size]
    [size=45]Cougar explained, “The blocs that formed the government will work on preparing the budget in accordance with the ministerial curriculum, and they have the majority and can pass whatever materials they want.”[/size]
    [size=45]A government statement yesterday, received by Al-Mada, stated that “Deputy Prime Minister and Foreign Minister Fuad Hussein chaired the third meeting of the Ministerial Council for the Economy.” And the statement continued, “The meeting was attended by the Deputy Prime Minister, Minister of Planning, Ministers of Finance, Trade, Industry, Agriculture, Labor and Social Affairs, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq, the Acting Chairman of the National Investment Commission, and the Prime Minister’s advisors for economic and legal affairs.” The statement indicated, “The council discussed the economic issues on its agenda. He also discussed the importance of developing a comprehensive economic strategy that includes the development of the industrial, agricultural, commercial and investment sectors.[/size]
    [size=45]And the statement went on, that "Hussein directed the completion of the draft law of the state's general budget in order to vote on it in the Council of Ministers and then submit it to the Iraqi Council of Representatives for approval of the draft law."[/size]
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