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]Parliament is awaiting the arrival of the budget before the start of its new legislative term[/size]
[size=45]Baghdad / Firas Adnan[/size]
[size=45]Representatives believe that the parliament will, once its sessions are held, discuss the budget law, which is expected to be voted on by the government in the coming days, while they indicated that political differences over the draft will be resolved through traditional agreements that were renewed in the government formation dialogues.[/size]
[size=45]Representative Raed al-Maliki said, "The draft budget law has always been accompanied by problems related to the dialogues of the political blocs, since its preparation, through discussions, until voting on it and its entry into force."[/size]
[size=45]Al-Maliki continued, "Whatever talk happened about the completion of the draft budget, but its paragraphs will remain a matter of controversy and controversy, whether within the cabinet or among the blocs in parliament."[/size]
[size=45]He pointed out that "the time limits for the budget stipulated in the amended Federal Financial Management Law No. 6 of 2019 have been exceeded."[/size]
[size=45]Al-Maliki pointed out, "Actual expectations indicate that the submission of the law will take place at the beginning of the first semester of the second legislative year, on January 8 of next month."[/size]
[size=45]He explained, "The talk that is taking place regarding job grades is limited to the process of fixing contracts, and this does not mean that there are new job grades."[/size]
[size=45]And al-Maliki said, "The number of contract holders in state departments is very large and reaches 600,000 people, and we are awaiting the government's estimates according to its financial capabilities in order to absorb this number."[/size]
[size=45]And he continues, “The Council of Ministers will hold a session tomorrow, Tuesday, that will witness the submission of financial costs to install these contracts by the Ministry of Finance.”[/size]
[size=45]And al-Maliki added, "The differences over the percentage of the Kurdistan region in the budget and the shares of oil-producing provinces are used to being resolved in the budget by the influential political blocs in parliament."[/size]
[size=45]And he talked about «traditional treatments that will be resorted to by finding a text in the draft budget law that obliges the Kurdistan region to deliver oil sales dues at a rate and to make subsequent settlements by the Office of Financial Supervision».[/size]
[size=45]And al-Maliki added, "Resorting to these solutions does not address the root of the problem that needs sustainable solutions through the legislation of the oil and gas law, but it seems that the agreements to form the government have dealt with this issue and resolved it."[/size]
[size=45]And he believes that “determining the price of selling oil, as well as the exchange rate of the dollar, is one of the basic matters to which the process of determining the state’s financial revenues and the planned deficit percentage is linked.”[/size]
[size=45]Al-Maliki concluded, "Expectations indicate that the price of a barrel of oil will be around $65, which are medium and appropriate estimates."[/size]
[size=45]In addition, Representative Hussein Arab stated, "The delay in the arrival of the budget law to the House of Representatives is due to several reasons, the first of which is the high price of oil and the increase in operational and investment expenses."[/size]
[size=45]Arab continued, "The draft was drawn up by the previous government, and replacing it with another with full powers and with a new ministerial curriculum requires that there be a real plan for the budget."[/size]
[size=45]He pointed out, "The blocs are determined to pass the law as soon as it arrives from the government, and this measure is expected to take place with the parliament's resumption of its sessions early next month."[/size]
[size=45]For his part, economist Safwan Qusay believes that "the budget law could range from 140 trillion dinars to 150 trillion."[/size]
[size=45]Qusay added, "There is a desire to set a conservative price for a barrel of oil of $65, with non-oil revenues that may reach 20 trillion dinars."[/size]
[size=45]And he talked about "the desire of the government of Muhammad Shia' al-Sudani to control the border crossings and tighten customs and taxes, with the possibility of gas entering the revenues."[/size]
[size=45]Qusai explained, "What distinguishes this year is the presence of 3% of the total revenues that will be added to the budget. Previously, it went to compensation for the Kuwait war, which was zeroed."[/size]
[size=45]And he indicated that “the priorities of the Sudanese government are the ones that obstructed the passage of the budget within the government,” and revealed that “there is a reformulation of the project so that there are sums that meet the aspirations of the ministries in their programs.”[/size]
[size=45]Qusai stressed, "Expectations indicate the stability of oil prices and their recovery in the coming period, given the external data, including the cohesion of the countries affiliated with the OPEC banner to adhere to the agreed quantities in production in order to preserve the global market."[/size]
[size=45]And he continues, "The budget maker is trying at the present time to reduce the price of oil and invest the surplus during the next year by directing it towards the Development Fund for Iraq to create job opportunities for the unemployed in the private sector."[/size]
[size=45]And Qusai finds, "The central bank's reserves have grown during this period, and we are currently in front of 96 billion dollars, and a surplus rounded up to next year amounts to 20 billion dollars."[/size]
[size=45]And he does not believe that “there is a problem with securing salaries in the short term, because Iraq is able to pay them, but we look forward to investing the financial abundance in moving the economic wheel and opening up to the countries of the region to achieve food security for them from the country’s exports.”[/size]
[size=45]Qusai warned against "continuing to direct the exchange to consumption, because this does not take Iraq out of the circle of economic risks."[/size]
[size=45]He called for "directing the financial surplus to the agricultural and industrial sectors, completing the large port of Faw, opening up to neighboring countries, diversifying non-oil sources, and investing in petrochemicals."[/size]
[size=45]And Qusai went on to say, "If the current government succeeds in implementing its pledges contained in the ministerial curriculum, foremost of which is confronting corruption and recovering looted funds, we will witness an improvement in the Iraqi economy."[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]Parliament is awaiting the arrival of the budget before the start of its new legislative term[/size]
[size=45]Baghdad / Firas Adnan[/size]
[size=45]Representatives believe that the parliament will, once its sessions are held, discuss the budget law, which is expected to be voted on by the government in the coming days, while they indicated that political differences over the draft will be resolved through traditional agreements that were renewed in the government formation dialogues.[/size]
[size=45]Representative Raed al-Maliki said, "The draft budget law has always been accompanied by problems related to the dialogues of the political blocs, since its preparation, through discussions, until voting on it and its entry into force."[/size]
[size=45]Al-Maliki continued, "Whatever talk happened about the completion of the draft budget, but its paragraphs will remain a matter of controversy and controversy, whether within the cabinet or among the blocs in parliament."[/size]
[size=45]He pointed out that "the time limits for the budget stipulated in the amended Federal Financial Management Law No. 6 of 2019 have been exceeded."[/size]
[size=45]Al-Maliki pointed out, "Actual expectations indicate that the submission of the law will take place at the beginning of the first semester of the second legislative year, on January 8 of next month."[/size]
[size=45]He explained, "The talk that is taking place regarding job grades is limited to the process of fixing contracts, and this does not mean that there are new job grades."[/size]
[size=45]And al-Maliki said, "The number of contract holders in state departments is very large and reaches 600,000 people, and we are awaiting the government's estimates according to its financial capabilities in order to absorb this number."[/size]
[size=45]And he continues, “The Council of Ministers will hold a session tomorrow, Tuesday, that will witness the submission of financial costs to install these contracts by the Ministry of Finance.”[/size]
[size=45]And al-Maliki added, "The differences over the percentage of the Kurdistan region in the budget and the shares of oil-producing provinces are used to being resolved in the budget by the influential political blocs in parliament."[/size]
[size=45]And he talked about «traditional treatments that will be resorted to by finding a text in the draft budget law that obliges the Kurdistan region to deliver oil sales dues at a rate and to make subsequent settlements by the Office of Financial Supervision».[/size]
[size=45]And al-Maliki added, "Resorting to these solutions does not address the root of the problem that needs sustainable solutions through the legislation of the oil and gas law, but it seems that the agreements to form the government have dealt with this issue and resolved it."[/size]
[size=45]And he believes that “determining the price of selling oil, as well as the exchange rate of the dollar, is one of the basic matters to which the process of determining the state’s financial revenues and the planned deficit percentage is linked.”[/size]
[size=45]Al-Maliki concluded, "Expectations indicate that the price of a barrel of oil will be around $65, which are medium and appropriate estimates."[/size]
[size=45]In addition, Representative Hussein Arab stated, "The delay in the arrival of the budget law to the House of Representatives is due to several reasons, the first of which is the high price of oil and the increase in operational and investment expenses."[/size]
[size=45]Arab continued, "The draft was drawn up by the previous government, and replacing it with another with full powers and with a new ministerial curriculum requires that there be a real plan for the budget."[/size]
[size=45]He pointed out, "The blocs are determined to pass the law as soon as it arrives from the government, and this measure is expected to take place with the parliament's resumption of its sessions early next month."[/size]
[size=45]For his part, economist Safwan Qusay believes that "the budget law could range from 140 trillion dinars to 150 trillion."[/size]
[size=45]Qusay added, "There is a desire to set a conservative price for a barrel of oil of $65, with non-oil revenues that may reach 20 trillion dinars."[/size]
[size=45]And he talked about "the desire of the government of Muhammad Shia' al-Sudani to control the border crossings and tighten customs and taxes, with the possibility of gas entering the revenues."[/size]
[size=45]Qusai explained, "What distinguishes this year is the presence of 3% of the total revenues that will be added to the budget. Previously, it went to compensation for the Kuwait war, which was zeroed."[/size]
[size=45]And he indicated that “the priorities of the Sudanese government are the ones that obstructed the passage of the budget within the government,” and revealed that “there is a reformulation of the project so that there are sums that meet the aspirations of the ministries in their programs.”[/size]
[size=45]Qusai stressed, "Expectations indicate the stability of oil prices and their recovery in the coming period, given the external data, including the cohesion of the countries affiliated with the OPEC banner to adhere to the agreed quantities in production in order to preserve the global market."[/size]
[size=45]And he continues, "The budget maker is trying at the present time to reduce the price of oil and invest the surplus during the next year by directing it towards the Development Fund for Iraq to create job opportunities for the unemployed in the private sector."[/size]
[size=45]And Qusai finds, "The central bank's reserves have grown during this period, and we are currently in front of 96 billion dollars, and a surplus rounded up to next year amounts to 20 billion dollars."[/size]
[size=45]And he does not believe that “there is a problem with securing salaries in the short term, because Iraq is able to pay them, but we look forward to investing the financial abundance in moving the economic wheel and opening up to the countries of the region to achieve food security for them from the country’s exports.”[/size]
[size=45]Qusai warned against "continuing to direct the exchange to consumption, because this does not take Iraq out of the circle of economic risks."[/size]
[size=45]He called for "directing the financial surplus to the agricultural and industrial sectors, completing the large port of Faw, opening up to neighboring countries, diversifying non-oil sources, and investing in petrochemicals."[/size]
[size=45]And Qusai went on to say, "If the current government succeeds in implementing its pledges contained in the ministerial curriculum, foremost of which is confronting corruption and recovering looted funds, we will witness an improvement in the Iraqi economy."[/size]
[size=45][You must be registered and logged in to see this link.]
Yesterday at 7:52 am by Rocky
» utube 3/28/24 MM&C Iraqi Dinar - IQD Update - SWIFT - Purchasing Power - Urban Renaissance - Releas
Yesterday at 7:51 am by Rocky
» Al-Mandalawi: Iraq is witnessing competition between major companies...and the House of Representati
Yesterday at 7:49 am by Rocky
» The President of the Republic stresses the importance of the role of programmers in developing the w
Yesterday at 7:46 am by Rocky
» The Minister of Industry and Minerals follows up on the technical and production performance of the
Yesterday at 7:45 am by Rocky
» The Minister of Finance is following up on the field the progress of the newly implemented ASYCUDA s
Yesterday at 7:44 am by Rocky
» Statistics: There are more than 15 million bank accounts in Iraq
Yesterday at 7:42 am by Rocky
» Representative: One paragraph hinders the passage of a general amnesty within the House of Represent
Yesterday at 7:37 am by Rocky
» Parliamentary Finance: “The draft federal budget law will be devoid of new job grades.”
Yesterday at 7:36 am by Rocky
» Parliamentary action to resolve the fate of “food security contracts” in 15 governorates
Yesterday at 7:35 am by Rocky
» 300 factories turned into "iron scrap" in Diyala
Yesterday at 7:34 am by Rocky
» A deputy expects the dollar exchange rate to reach 140 Iraqi dinars
Yesterday at 7:32 am by Rocky
» Al-Yasiri: The American administration is working hard to destroy the Iraqi economy
Yesterday at 7:31 am by Rocky
» Infographic: The highest annual salaries of leaders of Arab countries
Yesterday at 7:30 am by Rocky
» Communications announces that the electronic signature project has reached advanced stages
Yesterday at 7:29 am by Rocky
» Parliamentary Integrity presents a file related to Kuwaiti violations of Iraqi oil
Yesterday at 7:27 am by Rocky
» Parliamentary move to include amendments to Parliament’s internal regulations on the agenda (documen
Yesterday at 7:25 am by Rocky
» The Iraqi President urges the Minister of Finance to expedite the payment of salaries to the Kurdist
Yesterday at 7:23 am by Rocky
» Central Bank of Iraq sales exceeded $251 million at today’s auction
Yesterday at 7:21 am by Rocky
» The Foreign Minister questions the "Iraqi resistance" attacks against Israel: the other side did not
Yesterday at 7:20 am by Rocky
» The Minister of Labor announces progress in the electronic payment system
Yesterday at 7:17 am by Rocky
» Interior Ministry: For the first time, we controlled the smuggling of petroleum derivatives by 98 pe
Yesterday at 7:16 am by Rocky
» International companies offer offers to invest in the Dhi Qar marshes.. What distinguishes them?
Yesterday at 7:15 am by Rocky
» “Tough” comments on interest rates raise the dollar globally
Yesterday at 7:14 am by Rocky
» Iraq is the fifth largest oil supplier to South Korea in a month
Yesterday at 7:12 am by Rocky
» Recovering more than 100 billion as a result of more than 200,000 employees on social welfare
Yesterday at 7:11 am by Rocky
» The Sudanese consultant announces the completion of Baghdad Metro track designs
Yesterday at 7:08 am by Rocky
» Al-Sudani stresses ending the problem of triple-shift schools
Yesterday at 7:07 am by Rocky
» Iraq begins building two new tankers to transport petroleum products
Yesterday at 7:06 am by Rocky
» Forming a council for “competition and preventing monopoly”
Yesterday at 7:04 am by Rocky
» Features of an Iraqi-Turkish agreement regarding the status of the Kurdistan Workers’ Party
Yesterday at 7:02 am by Rocky
» {Al-Buzrajiya} between the hammer of fraud and the power of the owners
Yesterday at 7:01 am by Rocky
» Ministry of Oil: The gas sector is witnessing great development
Yesterday at 6:59 am by Rocky
» An agreement with Britain in the field of securities
Yesterday at 6:58 am by Rocky
» Discussions between Baghdad and Ankara to open a new port
Yesterday at 6:57 am by Rocky
» Trade: About 11 million citizens updated their new card information
Yesterday at 6:56 am by Rocky
» Electronic payment is sustainable growth
Yesterday at 6:55 am by Rocky
» Experts: Iraq qualifies to be an important tourist country
Yesterday at 6:54 am by Rocky
» Amending the Health Professions Law “robs” scientists of the central appointment 3 years after it wa
Yesterday at 5:20 am by Rocky
» Is the “blessings package” that Erbil paid to the citizens of Kurdistan related to the elections?
Yesterday at 5:19 am by Rocky
» Exceeded 5,000 projects.. Allocating 10 trillion dinars to support governorate reconstruction plans
Yesterday at 5:18 am by Rocky
» “His need no longer exists.” Parliamentary Finance confirms the necessity of returning the retiremen
Yesterday at 5:17 am by Rocky
» To communicate with the bases... 12 directives from Al-Sadr, including blocking numbers for non-gove
Yesterday at 5:15 am by Rocky
» In an interview with "Baghdad Today"... an Iranian researcher reveals the importance of Haniyeh's vi
Yesterday at 5:14 am by Rocky
» After it was 63 trillion in 2023... the 2024 budget deficit will rise to 80 trillion dinars
Yesterday at 5:13 am by Rocky
» Parliament reveals the date of the first evaluation of the governors and determines the party respon
Yesterday at 5:11 am by Rocky
» The President of the Republic informs Al-Araji and Al-Basri: Momentum must be mobilized to eliminate
Yesterday at 5:10 am by Rocky
» Can the Federal Court sue others? A legal clarification of its response mechanism to abuse
Yesterday at 5:09 am by Rocky
» Despite promises to soon stop burning gas.. What is the secret behind Iraq renewing the Iranian gas
Yesterday at 5:07 am by Rocky
» Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have ent
Yesterday at 5:06 am by Rocky
» Iraq exported more than 99 million barrels of oil last February
Yesterday at 5:04 am by Rocky
» Barzani “gives good news” to Kurdistan employees: salaries, land, and loan exemptions
Yesterday at 5:03 am by Rocky
» Alia Nassif: Nour Zuhair returned to the port of Umm Qasr to make deals.. An influential Shiite forc
Yesterday at 5:02 am by Rocky
» The Prime Minister announces the movement of nearly 500 stalled projects
Yesterday at 5:00 am by Rocky
» A government strategy to enhance investments.. Iraq is on the verge of a new era of economic develop
Yesterday at 4:59 am by Rocky
» Ranging between 20% and 50%.. The Kurdistan government decides to reduce service fees, customs dutie
Yesterday at 4:58 am by Rocky
» Al-Sudani: The reform approach in the security services is an integral part of reform in other secto
Yesterday at 4:56 am by Rocky
» Everyone in Iraq wants the Sudanese visit to Washington to be successful, even the factions!
Yesterday at 4:55 am by Rocky
» Sources and experts expect the agenda.. in his bag is the Baghdad dollar and the factions’ truce, bu
Yesterday at 4:54 am by Rocky
» The decision to raise gasoline prices arouses the ire of drivers...a reminder of the large demonstra
Yesterday at 4:53 am by Rocky
» Parliamentary services: 3 important hospitals in Baghdad will enter service at the end of the year
Yesterday at 4:52 am by Rocky
» Iraq signs a contract to supply Iranian gas for a period of five years
Yesterday at 4:50 am by Rocky
» Parliament adds a voting paragraph on amending the Penal Code to its agenda
Yesterday at 4:49 am by Rocky
» His political advisor: We are not afraid of Sudanese entering the elections alone
Yesterday at 4:48 am by Rocky
» Parliamentary services explain the reasons for the rise in real estate prices in Baghdad
Yesterday at 4:46 am by Rocky
» Attia, criticizing the government's decisions: "The citizen's feathers will be ruffled without servi
Yesterday at 4:45 am by Rocky
» Parliamentary Communications: Zain Iraq and Asiacell did not pay their debts
Yesterday at 4:44 am by Rocky
» The Governor of Karbala announces the imminent establishment of the largest industrial city in the c
Yesterday at 4:43 am by Rocky
» A government determination to end the issue of displaced persons in the middle of this year
Yesterday at 4:42 am by Rocky
» Iraq buys gas from Kurdistan to generate electricity
Yesterday at 4:41 am by Rocky
» Parliamentary signatures to include an amendment to the internal regulations to decide the choice of
Yesterday at 4:40 am by Rocky
» In Basra.. a demonstration against foreign workers in Iraqi companies (video)
Yesterday at 4:38 am by Rocky
» Al-Samarrai: Presidency of Parliament is an entitlement to the constituents, and calling it a “frame
Yesterday at 4:36 am by Rocky
» Electronic food supplies in 6 governorates... covering 11 million Iraqis and “writing off” about 700
Yesterday at 4:34 am by Rocky
» Corruption of the Ministry of Transport.. Representatives express their surprise at the minister’s s
Yesterday at 4:32 am by Rocky
» The biggest supporter of the invasion of Iraq.. The death of former US Senator Joe Lieberman
Yesterday at 4:31 am by Rocky
» Iraq is ranked “late.” A list of the most and least safe Arab countries for women
Yesterday at 4:30 am by Rocky
» The Council of Ministers exempts the Gulf Interconnection Authority from guarantee fees: it is a gov
Wed 27 Mar 2024, 7:48 am by Rocky
» The Iraqi government raises the size of the 2024 budget, and Parliament is “surprised”
Wed 27 Mar 2024, 7:46 am by Rocky
» Popular Movement: We have many economic options away from American hegemony
Wed 27 Mar 2024, 7:42 am by Rocky
» The Oil Parliament stresses the need to transfer part of the revenues to the producing governorates
Wed 27 Mar 2024, 7:41 am by Rocky
» It will cover 14 regions in eastern Iraq.. A deputy reveals the “border electricity” project
Wed 27 Mar 2024, 7:40 am by Rocky
» Experts Warn Mass Migration Threatens US Food Security
Wed 27 Mar 2024, 7:37 am by Bama Diva
» Al-Fateh: America occupies Iraq through agreements
Wed 27 Mar 2024, 7:37 am by Rocky
» Anger in Iraq over a "sudden decision"... and a reminder of a "general strike" that paralyzed the co
Wed 27 Mar 2024, 7:34 am by Rocky
» Parliamentary Committee: Parliament is discussing today a decision that “disturbed” the Iraqis
Wed 27 Mar 2024, 7:33 am by Rocky
» Ministry of Electricity: Our production will reach 27 thousand megawatts by May
Wed 27 Mar 2024, 7:31 am by Rocky
» Diagnosing the “most important” problems in the oil file between Baghdad and Erbil.. What is the rel
Wed 27 Mar 2024, 7:30 am by Rocky
» The Iraqi Fiqh Academy and the Sunni Endowment issue a fatwa to pay Zakat al-Fitr
Wed 27 Mar 2024, 7:28 am by Rocky
» The National Bank of Iraq continues its digital transformation by launching its new banking system a
Wed 27 Mar 2024, 7:26 am by Rocky
» Parliamentary Investment and the Central Bank are discussing the housing initiative
Wed 27 Mar 2024, 7:25 am by Rocky
» The Prime Minister announces the restart of 500 suspended projects
Wed 27 Mar 2024, 7:23 am by Rocky
» Al-Barti assesses the region's employees: Your salaries are insured and will be paid after resettlem
Wed 27 Mar 2024, 7:21 am by Rocky
» Iraqi-American discussions in anticipation of the Sudanese visit
Wed 27 Mar 2024, 7:20 am by Rocky
» Iraq and Turkey hold meetings in Ankara to discuss technical issues related to the development road
Wed 27 Mar 2024, 7:17 am by Rocky
» A government parliamentary agreement to support budget revenues and governorate allocations for inve
Wed 27 Mar 2024, 7:16 am by Rocky
» Oil: The gas sector is witnessing great development
Wed 27 Mar 2024, 7:15 am by Rocky
» A Kurdish-French agreement to develop trade and economic relations
Wed 27 Mar 2024, 7:13 am by Rocky
» Exchange companies in Mosul demand that they be entered into the currency selling window
Wed 27 Mar 2024, 7:12 am by Rocky