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Debts, revenues, lecturers and contracts... Details of the parliamentary hosting of the Minister of Finance
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Economy News - Baghdad
Today, Monday, the media department of the House of Representatives announced the details of the parliamentary hosting of the Minister of Finance, Taif Sami, which included discussing the file of lecturers and contracts.
And the media department of the parliament stated in a statement, that “headed by the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, the Finance Committee, in the presence of Representative Atwan Al-Atwani, Chairman of the Committee and its members, hosted the Minister of Finance, Taif Sami, for the second time to discuss the ministry’s budget, and the possibility of making transfers of amounts to ensure reducing spending and increasing the revenues that are supplied.” The state treasury, in addition to developing an appropriate strategy on the ministry’s mechanism in relation to spending units.
According to the statement, al-Mandalawi presented "a proposal regarding the sums of money allocated to the governorates for the implementation of service projects and the possibility of conducting transfers, as they are insufficient in exchange for the size of projects within the development of the regions," while requesting "detailed data in this regard," stressing the "maturity of the project."
He pointed out that "the Iraqi people are waiting for the approval of the budget because it is directly related to the lives of the people."
The Chairman of the Finance Committee also welcomed the Minister of Finance, explaining that “hosting includes two axes, the first is the ministry’s budget, which, according to the table listed, is 99% of the current budget allocations, and 1% of the total ministry’s allocations within the general budget law, and the second is access. on the results of previous hosting of ministers.
And he stated, “The ministry’s allocations for previous years were discussed compared to the current year, and the reasons for the increase in spending chapters such as grants, advertisements, and other expenses, and social care,” pointing to “the necessity of maximizing revenues such as taxes, real estate, collection service, and others.”
For her part, the Minister of Finance reviewed "the spending chapters of the ministry," noting that "the volume of sums within the chapters on indebtedness, interest, the Olympic Committee, and other chapters are not in favor of the Ministry of Finance."
And she explained, "The doors of disbursement of amounts related to retirement contributions, martyrs' institutions, accountability, justice, and others for the year 2019," revealing "the formation of a committee within the ministry to calculate the financial costs."
The committee reviewed the most important legal provisions contained in the 2023 Budget Law, which include “conducting transfers at a rate of (30%) to the Baghdad governorate within the development of the regions, and obligating the relevant ministries to activate the service of electricity, telephone, water, sewage, and other fees, in addition to allocations for employee compensation, and the ration card items.” , social care, wheat crops, milk, medicines, and other investment projects.
Interventions during the meeting, which lasted late, included how to pay off foreign debts owed by Iraq and the Ministry's procedures to supplement the state's public treasury, in addition to estimating oil and non-oil revenues and the volume of revenues, accounts and the subject of free lecturers and contracts after 10/2/2019, and the mechanism for including their allocations. And the appointment of the first graduates and holders of higher degrees, and commission contracts, in addition to some contracts that did not allocate funds to them.
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Added 05/08/2023 - 1:47 PM
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Economy News - Baghdad
Today, Monday, the media department of the House of Representatives announced the details of the parliamentary hosting of the Minister of Finance, Taif Sami, which included discussing the file of lecturers and contracts.
And the media department of the parliament stated in a statement, that “headed by the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, the Finance Committee, in the presence of Representative Atwan Al-Atwani, Chairman of the Committee and its members, hosted the Minister of Finance, Taif Sami, for the second time to discuss the ministry’s budget, and the possibility of making transfers of amounts to ensure reducing spending and increasing the revenues that are supplied.” The state treasury, in addition to developing an appropriate strategy on the ministry’s mechanism in relation to spending units.
According to the statement, al-Mandalawi presented "a proposal regarding the sums of money allocated to the governorates for the implementation of service projects and the possibility of conducting transfers, as they are insufficient in exchange for the size of projects within the development of the regions," while requesting "detailed data in this regard," stressing the "maturity of the project."
He pointed out that "the Iraqi people are waiting for the approval of the budget because it is directly related to the lives of the people."
The Chairman of the Finance Committee also welcomed the Minister of Finance, explaining that “hosting includes two axes, the first is the ministry’s budget, which, according to the table listed, is 99% of the current budget allocations, and 1% of the total ministry’s allocations within the general budget law, and the second is access. on the results of previous hosting of ministers.
And he stated, “The ministry’s allocations for previous years were discussed compared to the current year, and the reasons for the increase in spending chapters such as grants, advertisements, and other expenses, and social care,” pointing to “the necessity of maximizing revenues such as taxes, real estate, collection service, and others.”
For her part, the Minister of Finance reviewed "the spending chapters of the ministry," noting that "the volume of sums within the chapters on indebtedness, interest, the Olympic Committee, and other chapters are not in favor of the Ministry of Finance."
And she explained, "The doors of disbursement of amounts related to retirement contributions, martyrs' institutions, accountability, justice, and others for the year 2019," revealing "the formation of a committee within the ministry to calculate the financial costs."
The committee reviewed the most important legal provisions contained in the 2023 Budget Law, which include “conducting transfers at a rate of (30%) to the Baghdad governorate within the development of the regions, and obligating the relevant ministries to activate the service of electricity, telephone, water, sewage, and other fees, in addition to allocations for employee compensation, and the ration card items.” , social care, wheat crops, milk, medicines, and other investment projects.
Interventions during the meeting, which lasted late, included how to pay off foreign debts owed by Iraq and the Ministry's procedures to supplement the state's public treasury, in addition to estimating oil and non-oil revenues and the volume of revenues, accounts and the subject of free lecturers and contracts after 10/2/2019, and the mechanism for including their allocations. And the appointment of the first graduates and holders of higher degrees, and commission contracts, in addition to some contracts that did not allocate funds to them.
Views 155
Added 05/08/2023 - 1:47 PM
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