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[size=36]The Finance Committee begins voting on the items of the general budget[/size]
political| 09:19 - 05/15/2023
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Baghdad - Mawazine News
Today, Monday, the Parliamentary Finance Committee started voting on the general budget law.
The Media Department of the House of Representatives stated in a statement, of which Mawazine News received a copy, that "the Finance Committee was held under the chairmanship of Representative Atwan Al-Atwani and the presence of its members on Monday 5/15/2023, as part of the intensive meetings to complete the reading of the items of the federal general budget, as the head of the committee stressed the need to proceed Realizing all the details received in order to expedite their completion, the committee decided to host those concerned in the Ministries of Finance and Planning.
And she added, “The committee proceeded to read Article Two and its paragraphs related to the mechanism for covering the deficit through the abundance achieved from the sale of oil and other revenues, in addition to discussing the items for listing investment projects funded by grants and loans, expanding the investment door and involving the private sector, and listening to proposals and ripening them in a manner consistent with with the government programme.
The committee continued to study the first axis on ongoing loans for the purpose of financing ongoing projects in the ministries and governorates, reconstructing the affected areas, and supporting the fields of education, health, and energy, in addition to the second axis on financing infrastructure projects under the framework agreement (Iraqi, Chinese), according to borrowing to support projects Energy, education projects to build (1,000) model schools, and strategic and development projects consistent with the government's priorities. And she
added, "The committee continued to read the third axis (new loans) regarding financing water desalination projects, projects of the Ministry of Health to establish centers for diagnosing cancer diseases, and projects of the Ministry Electricity to finance the construction of combined cycle stations in a number of regions.
And the media department stated, “The committee postponed voting within it on Articles (3-4), while voting was held on Article (5) of (Chapter Three), which includes limiting the disbursement of appropriations from the main accounts of expenditures, and expenditures of approved projects within the federal general budget.”
And she indicated, “The committee voted on Article (6) related to the authority to make transfers between spending units, and Article (7) related to emergency expenditures, and Article (8) about using the revenues generated as revenue for the federal general budget, and Article (9) regarding allocations for developing regions, and Article (8) (10) In the file approving the implementation of the required services and Article (11) about vehicle fee revenues for the state treasury.
And she continued, "The Finance Committee postponed voting on articles (12-13-14-15-16), pending study and observations, while it voted on Article (17) and Article (18) of the law."
The Media Department of the House of Representatives stated in a statement, of which Mawazine News received a copy, that "the Finance Committee was held under the chairmanship of Representative Atwan Al-Atwani and the presence of its members on Monday 5/15/2023, as part of the intensive meetings to complete the reading of the items of the federal general budget, as the head of the committee stressed the need to proceed Realizing all the details received in order to expedite their completion, the committee decided to host those concerned in the Ministries of Finance and Planning.
And she added, “The committee proceeded to read Article Two and its paragraphs related to the mechanism for covering the deficit through the abundance achieved from the sale of oil and other revenues, in addition to discussing the items for listing investment projects funded by grants and loans, expanding the investment door and involving the private sector, and listening to proposals and ripening them in a manner consistent with with the government programme.
The committee continued to study the first axis on ongoing loans for the purpose of financing ongoing projects in the ministries and governorates, reconstructing the affected areas, and supporting the fields of education, health, and energy, in addition to the second axis on financing infrastructure projects under the framework agreement (Iraqi, Chinese), according to borrowing to support projects Energy, education projects to build (1,000) model schools, and strategic and development projects consistent with the government's priorities. And she
added, "The committee continued to read the third axis (new loans) regarding financing water desalination projects, projects of the Ministry of Health to establish centers for diagnosing cancer diseases, and projects of the Ministry Electricity to finance the construction of combined cycle stations in a number of regions.
And the media department stated, “The committee postponed voting within it on Articles (3-4), while voting was held on Article (5) of (Chapter Three), which includes limiting the disbursement of appropriations from the main accounts of expenditures, and expenditures of approved projects within the federal general budget.”
And she indicated, “The committee voted on Article (6) related to the authority to make transfers between spending units, and Article (7) related to emergency expenditures, and Article (8) about using the revenues generated as revenue for the federal general budget, and Article (9) regarding allocations for developing regions, and Article (8) (10) In the file approving the implementation of the required services and Article (11) about vehicle fee revenues for the state treasury.
And she continued, "The Finance Committee postponed voting on articles (12-13-14-15-16), pending study and observations, while it voted on Article (17) and Article (18) of the law."
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