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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    A supportive bloc for al-Sudani marks a “violation” in the budget and talks about returning it to th

    Rocky
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    Rocky
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    • Post n°1

    A supportive bloc for al-Sudani marks a “violation” in the budget and talks about returning it to th Empty A supportive bloc for al-Sudani marks a “violation” in the budget and talks about returning it to th

    Post by Rocky Wed 05 Apr 2023, 5:04 am

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    [size=52]A supportive bloc for al-Sudani marks a “violation” in the budget and talks about returning it to the Council of Ministers[/size]

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    The Al-Fatah Parliamentary Bloc considered, on Tuesday, that the financial deficit in the general budget law is in violation of the financial management law, while indicating the possibility of sending the budget to the government to rearrange it.[/size]
    [size=45]The head of the bloc, Abbas Al-Zamili, said, "The Parliamentary Finance Committee studied the general budget law carefully, and some articles and paragraphs of the budget are subject to discussion and amendment after the completion of the first reading of the law."[/size]
    [size=45]He added, "The financial deficit in the budget law reaches 64 trillion dinars, up to more than 30% of the total budget size, and this is contrary to the financial management law."[/size]
    [size=45]As for the three-year budget, Al-Zamili explained, “We will see the legality and applicability of this budget for a period of three years, and whether this is in line with oil prices, exchange rates, and the economic situation in Iraq in general.”[/size]
    [size=45]And Al-Zamili indicated, “The budget law is to accept it in this way or return it to the government and rearrange it for it with the two important issues, the first is to address the deficit in the budget and the second is the budget for the three consecutive years.”[/size]
    [size=45]And the Iraqi government approved, during its meeting, on Monday, March 13, “the draft federal budget law for the fiscal years 2023, 2024, and 2025, and referred it to the House of Representatives.”[/size]
    [size=45]The proposed expenditures in the new budget amount to 197 trillion and 828 billion dinars ($152 billion, according to the official exchange rate), including investments worth 47 trillion and 555 billion dinars ($36.5 billion).[/size]
    [size=45]As for the proposed deficit in the new budget, it is 63 trillion and 75 billion dinars (about 48 billion dollars), compared to 19.8 billion in 2021 and 23.1 billion in 2019.[/size]
    [size=45]He allocated about 307 million dollars to the autonomous Kurdistan Region in order to pay the salaries of its employees, in exchange for 400 thousand barrels of oil per day produced in the region.[/size]
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