The 2023 budget sees the light with 4 “historic” features that were not witnessed in previous budgets[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.] |Yesterday, 19:58
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.] |Yesterday, 19:58
[You must be registered and logged in to see this image.]
+A
-A
Baghdad today-Baghdad
The 2023 budget is preparing to see the light after leaving the folds of the Ministry of Finance to move to the final stage in the government corridors, specifically to the Council of Ministers, which it is hoped will approve it tomorrow, Monday, to send it to the House of Representatives, to enter a new phase in the legislative corridors and enter the stage of revealing and amending the numbers that will be The Iraqi people are fully aware of it.
And the Minister of Finance, Taif Sami, announced the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it, indicating that "the completion of the preparation of the project comes under exceptional circumstances witnessed by the global economy, and it came to deal with the effects of international, regional and local economic challenges."
And the Minister of Finance indicated that "the next draft budget will focus on development priorities, support for the social protection network, and the most needy groups, as well as providing a secure cover for strategic and sustainable development projects," noting that "during the past months of the life of the new government, we worked to extract a budget responsive to the need." The Iraqi economy is consistent with the plans of the government curriculum and the package of financial and economic reforms that the ministry is working to achieve.
For his part, the advisor to the Prime Minister, Diaa Al-Nasseri, confirmed that the draft budget law for the current year 2023 will be approved in a special session of the Council of Ministers tomorrow, Monday.
3 "historic" features
This budget does not acquire its importance from being the first budget more than a year after the approval of the last budget, and the end of last year 2022 without a budget. 130 trillion dinars in the 2021 budget.
The other advantage is that the budget will include a focus on caring for vulnerable groups, in addition to the fact that it will include huge allocations for investment projects and not focus on the operational side only, as it is expected that 40% of it will be allocated to investment projects, which is unprecedented in the history of Iraqi budgets as well.
And the government economic advisor, Mazhar Muhammad Salih, the advisor, explains that “social spending, according to the government program approved by the House of Representatives last October, is the most prominent issue in the operational side of the budget,” noting that “what is meant here is social welfare and the fight against poverty and unemployment.”
Saleh continued, "As for the investment side, it will have priority for infrastructure or basic services, especially municipal services related to people's lives, such as water and sewage networks, roads, schools, hospitals, and others."
Thus, the budget is characterized by 3 unprecedented "historic" features, starting with its size as well as its priorities towards social concerns, in addition to the large amount of money that will be allocated for investment projects.
How long will it take?.. Another historical feature
Beliefs and indications are that this budget will be passed in "record time" compared to previous budgets, which is "unprecedented" and additional historical.
A member of the Parliamentary Finance Committee, Jamal Cougar, said in a televised statement followed by “Baghdad Today” that “according to the contexts, after the Ministry of Finance and Planning finished preparing the budget, it will be sent to the Council of Ministers for a vote,” noting that “in the event that there are objections or observations by the ministers Each according to his ministry on the budget is amended and the amendment is voted on and returned to the Ministries of Finance and Planning to make final amendments to it and then re-send it to the Council of Ministers for a final vote on it,” noting that “this process is supposed to take no more than a week.”
And he explained, "After that, it is sent to the House of Representatives, and the period of its approval depends on the mechanism for formulating the budget, where if justice and legal observations are achieved, that is, there are no violations. Therefore, the representatives will defend the budgets of their governorates, constituencies, and ministries affiliated with their political party."
Cougar indicated that "this time the administration of the state coalition that forms the government is the same that controls the House of Representatives, so it is assumed that there will be a shortening of time in approving the budget," believing that "it will be passed in record time and not as we have seen in other budgets."
Regarding the differences over the percentage of the share of the Kurdistan region, Cougar considered that the article of the region's share is not the article that obstructs the budget and is usually postponed to the last two days before the budget is approved and an agreement is reached on it, noting that "the two parties confirmed that they had reached an agreement in this regard."
p.a
[You must be registered and logged in to see this link.]
» utube 11/28/23 From Iraq Today 2023 / Iraqi Dinar RV / Iraqi Dinar News Today
» Militia Man & Crew IMF ARTICLE VIII - The Department of Investments and Foreign Transfers OF IRAQ
» utube 11/27/23 Militia Man & Crew WTO - International Monetary Fund - AYSCUDA
» The American Ambassador: The guide to financial investigation procedures will support Iraq in reduci
» The Iraqi judiciary adopts the “video conferencing” mechanism to record the statements of witnesses
» The Federal Court rejects a lawsuit against Al-Sudani regarding the salaries of Kurdistan employees
» Planning: The Development Road and Al-Faw Port projects will provide a high contribution to state re
» The Ministry of Transport confirms its readiness for the task of managing Iraqi airports
» The Iraqi government issues new decisions
» The Commission comments on the possibility of “exploiting” unreceived voter cards by fraud
» Asala instead of agency.. The Council of Ministers votes on a number of special grades and sends the
» “It does not export all quantities.” Parliament comments on Iraq’s oil exports for the month of Octo
» Dealing with Chinese is a funny game.. Iraq’s expectations for 2024: The dollar is above 190.. How m
» Central Bank: There is no shortage of dinar stocks and the financial situation is good
» Al-Rasheed announces the opening of the platform for travelers wishing to buy dollars
» Sudanese Advisor: Reforming the economy begins with the government banking sector
» Adviser to the Prime Minister: Economic policy in Iraq is moving towards implementing the principle
» Audit Bureau: Completing the audit of the final accounts for the 2016 budget and obliging government
» In cooperation with the World Health Organization, the launch of a project for electronic organizati
» The continuation of “insults to the dollar” will force us to undertake a mass migration. Representat
» Regional Chambers of Commerce: Thursday is the election date, and this is the number of merchants wh
» The Sudanese is between the hammer and the anvil of the Americans and the resistance missiles
» Overthrowing a network that manipulates dollar exchange rates in Baghdad
» Violations and violations in two projects costing them “41” billion dinars in Dhi Qar
» State Forces candidate Ahmed Al-Hassani: Agriculture on the Euphrates River is annihilated, and inve
» State Forces candidate Sarah Al-Khazali: The housing crisis is at the forefront of service problems
» State Forces candidate Hassan Al-Kinani: Mr. Al-Hakim’s contribution was significant in approving th
» Erbil...the opening of the largest iron production factory in Iraq
» Al-Barti identifies the “point of contention” regarding not exporting Kurdistan’s oil to Türkiye
» Al-Fateh: America is misleading about its combat presence in Iraq
» External remittances increased by 94% in the Central Bank of Iraq auction
» The Financial Supervision Authority announces the completion of the audit of the final accounts for
» The Iraqi Stock Exchange closed up by 0.01%
» Iraq loses half of its cultivated areas due to drought
» Baghdad does not recognize.. Revealing the reason for preventing Iraq from entering the “Gaza truce”
» Al-Parti is pressing to implement a “law that ends the Kurdistan employee salaries crisis” and direc
» Costs, agreements, and diversity.. Iraq increases its trade exchange with Iran, and the obstacles ar
» “It does not export all quantities.” Parliament comments on Iraq’s oil exports for the month of Octo
» An invitation to an extraordinary session to choose the Speaker of Parliament
» Prime Minister: Forming a team to follow up on reforms in Rafidain Bank
» The Council of Ministers holds its regular session headed by Al-Sudani
» The Security Committee for Securing the Elections announces the formation of the Cybersecurity Commi
» Oil is heading to end a series of losses amid anticipation of the OPEC+ decision
» Finance funds the Ministry of Education’s account to disburse student and student grants
» Adopting the electronic payment system at gas stations early next year
» Al-Maliki's coalition advises Al-Halbousi to "stay away" from the political process
» Finance launches the second issuance of reconstruction bonds worth one trillion dinars
» Accusations against Al-Halbousi’s party of stealing the revenues of Al-Qaim and Trebil outlets
» The framework expects an increase in the number of competitors for the position of Speaker of Parlia
» Al-Rasheed directs its branches to stop credit activities
» Kurdish leader: The employee salaries crisis includes all governorates of the region
» The Iraqi Central Bank diagnoses the “basic” problem with the crisis of the dollar’s rise
» The Patriotic Council of Kurdistan sets a “condition” for choosing the Speaker of Parliament.. What
» Masrour Barzani: The regional government delegation is holding discussions in Baghdad to resolve the
» Last month... Chinese companies acquired the largest share of Iraq's oil
» American report: Iraq is among the 10 countries most exposed to floods
» Agriculture demands the activation of “food industries” and the production of modern mechanization
» 24 foreigners who intended to destabilize the security of the oil fields in Basra were arrested
» Jassim Al-Falahi: 90 billion dinars have been allocated to confront climate change and address pollu
» The Council of Ministers issues a special decision to import gold and precious metals
» "SOMO": Chinese companies are the most numerous to buy Iraqi oil
» Oil: Total projects will close the file of flared gas in 5 fields
» Electricity delivers sites for the construction of solar power plants
» Planning reveals the goals of the five-year national development plan
» 30% growth in Iranian goods exports to Iraq
» With the document.. Integrity summons the Assistant Secretary of Security and Intelligence, Ali Sabr
» Al-Sudani reviews the latest preparations for holding the elections
» Contracting with an international company to repair government banks
» An invitation to an extraordinary session to choose the Speaker of Parliament
» Iraq presents its demographic urban document to the Arab League
» Parliamentarians: Iraq’s position on Gaza is consistent and ahead of international positions
» Zidane: We are committed to anti-money laundering requirements
» The Ministry of Interior begins automating police stations in Karkh and Rusafa
» Efforts to employ geologists in oil companies
» Iraq raises hot issues at the World Climate Conference sessions
» Al-Alaq: There is no scarcity of dinars and the monetary supply exceeds 100 trillion
» 9 billion dollars in Iraqi oil imports in a month
» Gas export
» Baghdad does not recognize.. Revealing the reason for preventing Iraq from entering the “Gaza truce”
» Baghdad dollar stabilizes high.. Money exchangers sell for more than 158 thousand
» Al-Sudani will present the demands of the regional delegation to the Iraqi Council of Ministers
» Prime Minister, Mr. Muhammad Shiaa Al-Sudani, receives the head of the Victory Alliance, Mr. Haider
» 4 “Sunni” figures.. Learn about the names nominated to assume the position of Speaker of the House o
» The work releases the salary of a full-time employee to more than 311 thousand beneficiaries
» The Prime Minister and the Turkish Ambassador agree on the importance of resuming the export of Kurd
» Fears of the outbreak of a devastating regional conflict: Iraq warns against extending the Gaza truc
» President Barzani meets with the Turkish Ambassador to Iraq
» Al-Sudani reviews the latest preparations for holding the elections
» Petroleum products: Electronic payment at gas stations will not impose additional fees
» Peasants demonstrate in Diwaniyah: The agricultural plan did not include our lands
» The Commission responds to the demands to postpone the Kirkuk elections and confirms the integrity o
» An international survey summarizes the suffering of Iraqi farmers due to drought
» A network manipulating dollar exchange rates was arrested in Baghdad
» Kurdistan gives pharmacies two months to comply with “drug pricing”
» Nechirvan Barzani: Erbil and Baghdad are holding technical discussions to resume Kurdistan oil expor
» Finance announces the launch of the second issuance of reconstruction bonds worth more than one tril
» The coordination framework discusses during its meeting developments in the political situation in I
» Coinciding with the end of the year... a government bank extends an invitation to its branches