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[size=35][size=35]Parliamentary Finance completes the budget report and Parliament prepares for the second reading.. Al-Sumeria reviews the details[/size]
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2023-04-16 | 05:16
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Report - Alsumaria News,
The last budget approved by Iraq was in April 2021, while one was not adopted in 2022 due to the political turmoil that paralyzed the country for a year after the last legislative elections. And last March, he agreed
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[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]On the draft federal budget law for the fiscal years 2023, 2024 and 2025, and according to its provisions, the proposed expenditures 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).
The value of the proposed investments in the 2021 budget amounted to $19.6 billion, and in 2019 it amounted to $27.8 billion.
The total revenues of the proposed budget for one year amount to 134 trillion and 5 billion dinars (103.4 billion dollars), based on the price of a barrel of oil of 70 dollars.
And in 2021, revenues amounted to $69.9 billion, at a price of $45 a barrel of oil.
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. In contrast,
about 307 million dollars were allocated to the region[You must be registered and logged in to see this link.]Autonomous in order to pay the salaries of its employees, in exchange for the 400 thousand barrels of oil per day produced in the region.
The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, announced in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]Yesterday, Sunday, "the Presidency of the House of Representatives received the report of the Parliamentary Finance Committee related to the draft general budget law."
Al-Mandalawi said that the parliament "will proceed to the second reading of the law in (today's) Sunday session."
Hours later, the House of Representatives media department published the agenda for Sunday's parliament session.
And the media department of the House of Representatives stated in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]The agenda of today’s session, Sunday, April 16, 2023, includes a report and discussion (second reading) of the draft federal budget law for[url=https://www.alsumaria.tv/Entity/47585/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]The Republic of Iraq[/url]for the fiscal years (2023, 2024, 2025).
She added, "The session will start at 8:30 pm."
In the field of numbers , the head of[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] [url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]The following:
- The total budget amounts to more than 197 trillion dinars
- The operational budget amounts to more than 150 trillion dinars
- The investment budget amounted to more than 47 trillion - The budget
deficit amounts to 63 trillion dinars
- Total revenues amount to more than 134 trillion dinars
- Oil revenues amount to more than From 117 trillion dinars based on the price of oil at 70 dollars
- non-oil revenues amount to more than 17 trillion dinars
- the share of the region[You must be registered and logged in to see this link.]In the budget, it amounts to 12.6 percent
- More than 12 trillion dinars of indebtedness will be paid this year
- The petrodollar will be two trillion dinars distributed among the governorates -
The development of regions in the budget will be 2.5 trillion dinars
- 400 billion dinars have been added to loans for small projects in the Ministry of Labor -
Increase in capital The Industrial Bank financed 400 billion dinars to support the private sector
- an increase in some allocations, including medicines, by 300 billion dinars, to become more than a trillion
- allocating one trillion dinars for a draft law[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]
In addition, the Parliamentary Finance Committee revealed new details about the 2023 draft budget, regarding appointments and allocations to governorates and ministries.
Committee member said[url=https://www.alsumaria.tv/Entity/779323400/%D8%B9%D8%AF%D9%86%D8%A7%D9%86 %D8%A7%D9%84%D8%B2%D8%B1%D9%81%D9%8A/ar/]Adnan Al-Zarfi[/url]In a Twitter thread I followed[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]The 2023 budget included "729,000 new employees in various ministries and governorates."
Regarding the allocations of ministries and provinces, Al-Zorfi revealed an “acquisition[url=https://www.alsumaria.tv/Entity/592614649/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%A8%D9%84%D8%AF%D9%8A%D8%A7%D8%AA %D9%88%D8%A7%D9%84%D8%A3%D8%B4%D8%BA%D8%A7%D9%84 %D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9/ar/]Ministry of Municipalities and Public Works[/url]He said that the municipal budget
amounted to 4.9 trillion dinars, while the total budget for the development of regions amounted to 2.5 trillion dinars "within the draft budget, at a time when the investment budget amounted to more than 47 trillion dinars, as previously announced by the Prime Minister.
In the same vein, he noted[url=https://www.alsumaria.tv/Entity/779323400/%D8%B9%D8%AF%D9%86%D8%A7%D9%86 %D8%A7%D9%84%D8%B2%D8%B1%D9%81%D9%8A/ar/]Adnan Al-Zarfi[/url]to 'balancing hypertrophy'[url=https://www.alsumaria.tv/Entity/3916961567/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9/ar/]Ministry of Commerce[/url]"And so" on account[url=https://www.alsumaria.tv/Entity/667858895/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D8%A9/ar/]Ministry Of Agriculture[/url]and support for farmers" in the 2023 budget.
Allocations for the governorates of Najaf, Karbala, Diwaniyah, Babil, and Muthanna are the lowest in 2023, according to a member of the Parliamentary Finance. According to Al-
Zarfi, the allocations for the governorates of the Middle Euphrates "reached their lowest rates" in the current year's budget.
On the other hand, a member of the Parliamentary Finance Committee spoke about " Happy things," as he described it, in the 2023 budget, which would "deal with very sensitive files," including, "the inclusion of the largest water desalination project in Basra Governorate, at a total cost of $3 billion." In addition, the inclusion of "a
project Establishing integrated specialized centers for diagnosing and treating cancerous tumors at a cost of $130 million[url=https://www.alsumaria.tv/Entity/888843742/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%B5%D8%AD%D8%A9/ar/]Ministry of Health[/url]
Today, Sunday, the Parliamentary Finance Committee announced the completion of its report on the general budget law.
And the committee stated in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]Yesterday, Saturday 4/15/2023, she held her meeting to discuss the final report she prepared regarding the Federal General Budget Law for the years 2023-2024-2025, and the attached tables, fixing all her observations on it and issuing her recommendations, in preparation for presenting it to the House of Representatives and reading it during the second reading of the law. ".
During its meeting, according to the statement, the committee discussed "the total expected revenues that supply the budget and what are the expectations regarding the estimation of oil and non-oil revenues, as well as governing expenditures and public debt, in order to reduce the financial deficit occurring between savings and spending, and to take appropriate decisions related to loans, regulation of taxes and promotion of Economic and financial resources, to reach the set goals.
The committee stated, "The budget included the most important sectors targeted by distributing spending among public investments and basic services such as health, education, social protection, and electric power, as well as supporting the private sector and establishing development projects, and facing challenges to eliminate unemployment."
The statement continued, "The committee had earlier met with the chairman[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] [url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]And the concerned authorities, to discuss a number of aspects related to the law, the most important of which are maximizing revenues, squeezing expenditures, and disbursement doors according to spending units, to come up with a unified vision that meets all the requirements of citizens, and achieve integration between the vision of the Council and the government in implementing projects
. Council to read it during the next session of the House of Representatives.[/size]
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2023-04-16 | 05:16
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Report - Alsumaria News,
about 8 hours after the start of the parliament session for the second reading of the three-year budget, that law that was absent from parliament for a whole year, and whose absence prompted the legislation of the emergency support for food security law in June 2022.
The last budget approved by Iraq was in April 2021, while one was not adopted in 2022 due to the political turmoil that paralyzed the country for a year after the last legislative elections. And last March, he agreed
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[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]On the draft federal budget law for the fiscal years 2023, 2024 and 2025, and according to its provisions, the proposed expenditures 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).
The value of the proposed investments in the 2021 budget amounted to $19.6 billion, and in 2019 it amounted to $27.8 billion.
The total revenues of the proposed budget for one year amount to 134 trillion and 5 billion dinars (103.4 billion dollars), based on the price of a barrel of oil of 70 dollars.
And in 2021, revenues amounted to $69.9 billion, at a price of $45 a barrel of oil.
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. In contrast,
about 307 million dollars were allocated to the region[You must be registered and logged in to see this link.]Autonomous in order to pay the salaries of its employees, in exchange for the 400 thousand barrels of oil per day produced in the region.
The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, announced in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]Yesterday, Sunday, "the Presidency of the House of Representatives received the report of the Parliamentary Finance Committee related to the draft general budget law."
Al-Mandalawi said that the parliament "will proceed to the second reading of the law in (today's) Sunday session."
Hours later, the House of Representatives media department published the agenda for Sunday's parliament session.
And the media department of the House of Representatives stated in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]The agenda of today’s session, Sunday, April 16, 2023, includes a report and discussion (second reading) of the draft federal budget law for[url=https://www.alsumaria.tv/Entity/47585/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]The Republic of Iraq[/url]for the fiscal years (2023, 2024, 2025).
She added, "The session will start at 8:30 pm."
In the field of numbers , the head of[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] [url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]The following:
- The total budget amounts to more than 197 trillion dinars
- The operational budget amounts to more than 150 trillion dinars
- The investment budget amounted to more than 47 trillion - The budget
deficit amounts to 63 trillion dinars
- Total revenues amount to more than 134 trillion dinars
- Oil revenues amount to more than From 117 trillion dinars based on the price of oil at 70 dollars
- non-oil revenues amount to more than 17 trillion dinars
- the share of the region[You must be registered and logged in to see this link.]In the budget, it amounts to 12.6 percent
- More than 12 trillion dinars of indebtedness will be paid this year
- The petrodollar will be two trillion dinars distributed among the governorates -
The development of regions in the budget will be 2.5 trillion dinars
- 400 billion dinars have been added to loans for small projects in the Ministry of Labor -
Increase in capital The Industrial Bank financed 400 billion dinars to support the private sector
- an increase in some allocations, including medicines, by 300 billion dinars, to become more than a trillion
- allocating one trillion dinars for a draft law[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]
In addition, the Parliamentary Finance Committee revealed new details about the 2023 draft budget, regarding appointments and allocations to governorates and ministries.
Committee member said[url=https://www.alsumaria.tv/Entity/779323400/%D8%B9%D8%AF%D9%86%D8%A7%D9%86 %D8%A7%D9%84%D8%B2%D8%B1%D9%81%D9%8A/ar/]Adnan Al-Zarfi[/url]In a Twitter thread I followed[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]The 2023 budget included "729,000 new employees in various ministries and governorates."
Regarding the allocations of ministries and provinces, Al-Zorfi revealed an “acquisition[url=https://www.alsumaria.tv/Entity/592614649/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%A8%D9%84%D8%AF%D9%8A%D8%A7%D8%AA %D9%88%D8%A7%D9%84%D8%A3%D8%B4%D8%BA%D8%A7%D9%84 %D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9/ar/]Ministry of Municipalities and Public Works[/url]He said that the municipal budget
amounted to 4.9 trillion dinars, while the total budget for the development of regions amounted to 2.5 trillion dinars "within the draft budget, at a time when the investment budget amounted to more than 47 trillion dinars, as previously announced by the Prime Minister.
In the same vein, he noted[url=https://www.alsumaria.tv/Entity/779323400/%D8%B9%D8%AF%D9%86%D8%A7%D9%86 %D8%A7%D9%84%D8%B2%D8%B1%D9%81%D9%8A/ar/]Adnan Al-Zarfi[/url]to 'balancing hypertrophy'[url=https://www.alsumaria.tv/Entity/3916961567/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9/ar/]Ministry of Commerce[/url]"And so" on account[url=https://www.alsumaria.tv/Entity/667858895/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D8%A9/ar/]Ministry Of Agriculture[/url]and support for farmers" in the 2023 budget.
Allocations for the governorates of Najaf, Karbala, Diwaniyah, Babil, and Muthanna are the lowest in 2023, according to a member of the Parliamentary Finance. According to Al-
Zarfi, the allocations for the governorates of the Middle Euphrates "reached their lowest rates" in the current year's budget.
On the other hand, a member of the Parliamentary Finance Committee spoke about " Happy things," as he described it, in the 2023 budget, which would "deal with very sensitive files," including, "the inclusion of the largest water desalination project in Basra Governorate, at a total cost of $3 billion." In addition, the inclusion of "a
project Establishing integrated specialized centers for diagnosing and treating cancerous tumors at a cost of $130 million[url=https://www.alsumaria.tv/Entity/888843742/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%B5%D8%AD%D8%A9/ar/]Ministry of Health[/url]
Today, Sunday, the Parliamentary Finance Committee announced the completion of its report on the general budget law.
And the committee stated in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]Yesterday, Saturday 4/15/2023, she held her meeting to discuss the final report she prepared regarding the Federal General Budget Law for the years 2023-2024-2025, and the attached tables, fixing all her observations on it and issuing her recommendations, in preparation for presenting it to the House of Representatives and reading it during the second reading of the law. ".
During its meeting, according to the statement, the committee discussed "the total expected revenues that supply the budget and what are the expectations regarding the estimation of oil and non-oil revenues, as well as governing expenditures and public debt, in order to reduce the financial deficit occurring between savings and spending, and to take appropriate decisions related to loans, regulation of taxes and promotion of Economic and financial resources, to reach the set goals.
The committee stated, "The budget included the most important sectors targeted by distributing spending among public investments and basic services such as health, education, social protection, and electric power, as well as supporting the private sector and establishing development projects, and facing challenges to eliminate unemployment."
The statement continued, "The committee had earlier met with the chairman[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] [url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]And the concerned authorities, to discuss a number of aspects related to the law, the most important of which are maximizing revenues, squeezing expenditures, and disbursement doors according to spending units, to come up with a unified vision that meets all the requirements of citizens, and achieve integration between the vision of the Council and the government in implementing projects
. Council to read it during the next session of the House of Representatives.[/size]
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» Economist: Travelers' dollars are leaking into the parallel market...and this is what the Central Ba
» President of the Federal Court: It is not permissible to force anyone to join any party, and the pol
» The Council of Ministers holds its session headed by Al-Sudani
» America weakens Baghdad...and increases Kurdistan's military capabilities
» The Iraqi government plans to build 10,000 schools throughout the country
» American threats close the Iraqi Stock Exchange at a loss
» Increase in external transfers at the Central Bank
» Al-Maliki calls on Britain to cancel restrictions on the entry of its companies into Iraq
» Planning and the European Union are discussing signing a number of agreements in the development, en
» Parliament talks about the mechanism for recovering smuggled funds and hints at the next stage
» Interior Ministry: The number of completed national cards reached 37 million cards
» Amnesty International: Violations of freedom and human rights continue in Iraq and the Kurdistan Reg
» Parliamentary Oil: The government is proceeding with the decision to raise the price of improved gas
» A parliamentary committee in Basra to investigate violations of the port company and the local gover
» Revealing the 10 most important American exports to Iraq
» A noticeable increase in the rate of Iraq's import of Chinese cooling devices
» Prime Minister: Working on projects without completing the infrastructure is a waste of money
» Iraq.. Extending the deadline for registration procedures on plots of land
» What is the main purpose of conducting the population census in Iraq?
» A plan to transform Iraq from a barren land to green with 5 million trees
» The Housing Fund announces the acceptance of more than 11 thousand loans through the Ur platform
» The Bank of Baghdad is moving to increase its capital to 400 billion dinars
» The electronic payment system will soon be adopted on Iraqi buses
» “It threatens our interests and destroys our economy.” An Iraqi project “irritates” the Kuwaiti stre
» Warning from the Central Bank about “misuse of electronic payment cards”
» Iraq and the Sultanate of Oman are discussing sending capacities through the Gulf countries
» The fact that a decision was issued to deport Syrian workers from Iraq
» Rice comes first... America exports 10 foodstuffs worth more than 350 million dollars to Iraq
» A sixth licensing round for gas exploration
» Baghdad is preparing to host the 50th session of the Arab Labor Conference
» Scientific symposium on the future vision of the tripartite budget
» Five conversion power stations enter service in Najaf
» Planning: Conduct a population census next November
» Experts: Spreading misleading information harms development and investment
» Economists call for tightening money laundering laws and port controls