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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 recent decision of the Federal Court on the Kurdistan Region hindered app

    Rocky
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    Parliamentary Finance: The recent decision of the Federal Court on the Kurdistan Region hindered app Empty Parliamentary Finance: The recent decision of the Federal Court on the Kurdistan Region hindered app

    Post by Rocky Sun 29 Jan 2023, 4:56 am

    Parliamentary Finance: The recent decision of the Federal Court on the Kurdistan Region hindered approving the budget



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    2023-01-29 02:08
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    Shafaq News/ Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi stated, on Sunday, that the decision of the Federal Supreme Court ruling that sending funds to the Kurdistan Region is unconstitutional has obstructed the proceeding with voting on the draft financial budget law for the year 2023 by the federal government.
    Al-Dulaimi said, in a statement to Shafaq News agency, that the main reason for the delay in sending the draft general budget law to the Council of Ministers is that it is based on 246 trillion dinars, with a deficit rate of 75 trillion dinars.



    He added that this financial deficit contradicts the financial management law, which sets the deficit rate at 3% of the budget, indicating that the government has put a paragraph in the budget law that excludes it from this matter.
    Al-Dulaimi also confirmed that the price of one barrel of oil in the budget law was calculated at 65 dollars.
    A member of Parliamentary Finance indicated that the Council of Ministers was scheduled to receive the budget law at the end of this month, but that did not happen because of the large amount of money in the deficit, and at the same time the government is looking for a solution to this deficit. The Federal Supreme Court issued its last decision, which had a negative impact. To proceed with the vote on the budget bill.
    Al-Dulaimi continued by saying that the government, after it was dealing with one problem now, is facing the challenges of how to approve the budget law in light of the Federal Court's decision on the unconstitutionality of sending funds to the Kurdistan Region.
    On Wednesday, January 25, 2023, the Federal Supreme Court ruled that it was unconstitutional for the Federal Council of Ministers to send sums of money to finance the monthly salaries of employees and workers in the public sector in the Kurdistan Region.
    It is noteworthy that the financial budget for the past year 2022 was not approved by the Council of Ministers and the House of Representatives due to the turmoil that Iraq witnessed after the early elections in October 2021, which escalated to dangerous levels that ended with the events of the Green Zone, with armed confrontations between supporters of the Sadrist movement and the security forces, which claimed lives. Dozens and hundreds injured.
    After the end of the crisis, with the agreement of the political blocs to elect the President of the Republic and to grant confidence to the government of Prime Minister Muhammad Shia’a al-Sudani, the latter pledged that he would present the draft federal budget law for the year 2023 as soon as possible.
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      Current date/time is Mon 22 Apr 2024, 2:08 am