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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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    A parliamentary split over the “age of the budget,” and a party objects to making it for three years

    rocky
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    A parliamentary split over the “age of the budget,” and a party objects to making it for three years Empty A parliamentary split over the “age of the budget,” and a party objects to making it for three years

    Post by rocky Thu 23 Mar 2023, 4:15 am

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    [size=52]A parliamentary split over the “age of the budget,” and a party objects to making it for three years[/size]

    [size=45]Baghdad / Firas Adnan[/size]
    [size=45]Representatives talked about a division within Parliament regarding the age of the budget, stressing that the first opinion is with the government’s position to make it for three years, and the other wants it for one year, fearing the large deficit, stressing that the project is still in the office of Parliament Speaker Muhammad al-Halbousi, pointing out that the start of real discussions It will start early next week.[/size]
    [size=45]The Council of Ministers had voted on the draft budget law for three years, in the amount of 196 trillion dinars, 150 trillion dinars were allocated to the operational budget, which represents salaries and other necessary expenses, and the deficit amounted to 64 trillion dinars, with real fears of not fulfilling it, and thus will The government resorts to covering it through internal or external borrowing.[/size]
    [size=45]Representative Ali Al-Bandawi said, "The budget was expected to arrive during the past month, but due to some procedures, it has been somewhat disrupted."[/size]
    [size=45]Al-Bandawi added, "The copy of the budget sent by the government is still in the office of Parliament Speaker Muhammad al-Halbousi."[/size]
    [size=45]He pointed out, "The budget is awaiting Iraqis, federal institutions and governorates in order to initiate service projects for the citizen."[/size]
    [size=45]Al-Bandawi said, "Expectations indicate that the law will be approved within a month, before the Eid Al-Fitr holiday."[/size]
    [size=45]And he added, "The investment budget amounted to 48 trillion dinars, and it will go to projects in various sectors, whether services, such as building schools, hospitals, electric power projects, and the port of Faw."[/size]
    [size=45]And he stressed, "These amounts are the largest in the history of the budget and come in line with the ministerial platform that the House of Representatives voted on when granting confidence to the government of Muhammad Shia'a al-Sudani."[/size]
    [size=45]Al-Bandawi spoke about "the possibility of an urban renaissance after the approval of the budget," stressing that "the sums allocated for projects are not sufficient for all that Iraq needs."[/size]
    [size=45]And he stated, “The House of Representatives will exercise its oversight role in following up on the disbursement of the amounts allocated in the budget.”[/size]
    [size=45]Al-Bandawi hopes that "the local administrations will play their role in directing the funds to the planned projects, which have direct contact with the Iraqis."[/size]
    [size=45]And he stressed, "The planned deficit in the budget is large, amounting to 64 trillion dinars, so the budget discussions will see all the amounts and move towards reducing this deficit."[/size]
    [size=45]Al-Bandawi spoke of "Parliament's keenness for the government to perform its role to the fullest, without the financial accumulations that result from the deficit."[/size]
    [size=45]And he continues, “Parliament will delete any money that it finds unjustified for its existence, in order not to burden the state with new burdens and debts through which it covers the deficit.”[/size]
    [size=45]Al-Bandawi noted that "Parliament is divided over the government's project, which provides for making the budget for three years. The first supports the project on the pretext of not disrupting the implementation of projects, as it happens every year."[/size]
    [size=45]And he goes on, that “public life is suspended, given that we are in the month of March and the budget has not been legislated, and this situation may continue until April and its implementation will be in May, so it is not reasonable that this disruption be repeated every year.”[/size]
    [size=45]And Al-Bindawi concluded, that “the second opinion stands against making the budget for more than a year, given the large deficit in it, which can be covered currently through abundance, but what will be the case for the next two years?”[/size]
    [size=45]For his part, the other deputy, Jay Taymur, stated, "The Parliamentary Finance Committee has not received, until the present time, the draft budget, and it is still with Al-Halbousi's office."[/size]
    [size=45]And Timur continued, "Next Saturday, the project will reach the Finance Committee in order to start discussing it, working on it, checking it, and making amendments if necessary."[/size]
    [size=45]He pointed out, "Parliament wants to pass the law as quickly as possible, but it cannot pass within a period of less than a month."[/size]
    [size=45]Timur noted, "The previous sessions took the budget for two months or more," adding that "the consensus between the political blocs, especially those aligned within the State Administration Alliance, is one of the factors that will help speed up its passage."[/size]
    [size=45]And he stressed the need for "the specialized committees to stand on all paragraphs and review them, by meeting with ministries and experts to complete the project and end all deficiencies, if any."[/size]
    [size=45]And Timur continues, "Making amendments is harmless, and does not prejudice political agreements, because we want to complete them and in a manner consistent with the public interest."[/size]
    [size=45]And he talked about "court agreements that have taken place, whether within the coalition of state administration or between the federal government and the Kurdistan region, to obtain and pass the law."[/size]
    [size=45]And Timur concluded, "The Kurdistan region has a tendency to support the government of Muhammad Shia'a al-Sudani, through several aspects, the most important of which is the acceleration of the legislation of the budget law."[/size]
    [size=45]In addition, Representative Firas Al-Maslamawi confirmed that "the best thing included in the budget is the provision for the establishment of a development fund."[/size]
    [size=45]Al-Maslamawi added, "The creation of this fund is correct, but we need more details in order for the vision to be clear."[/size]
    [size=45]He explained, "This is done by stating each governorate and the funds it needs to be placed in this fund and the targeted projects."[/size]
    [size=45]Al-Maslamawi spoke about "many projects that should be present in this fund, including sewage networks, bridges, roads, hospitals and schools."[/size]
    [size=45]And he stressed, "The delay in approving the budget in Parliament is not in the interest of any party, and we support the speedy discussion in order to put it to a vote."[/size]
    [size=45]Al-Maslamawi concluded by saying, “The House of Representatives will conduct a comprehensive review of the project in order to know its items and the allocated quantities, and in light of that, it will use its powers, especially in terms of reductions and transfers, leading to voting.”[/size]
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