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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

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    Parliamentary Finance: Adding items to the budget that maximize state revenues and support the local

    Rocky
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    • Post n°1

    Parliamentary Finance: Adding items to the budget that maximize state revenues and support the local Empty Parliamentary Finance: Adding items to the budget that maximize state revenues and support the local

    Post by Rocky Wed 31 May 2023, 7:35 am

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    •  Today, 14:57


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    Baghdad - Conscious - Muhammad Al-Talebi
    Today, Wednesday, the Parliamentary Finance Committee announced the addition of items to the budget that maximize state revenues and support the local product, and technical touches to legalize the relationship between the center and the region, while confirming that it looks at the budget, its materials, and its items technically away from politics.
    A member of the committee, Saad Awad al-Tobi, told the Iraqi News Agency (INA), that "the committee did not encounter any difficulties in the financial budget in terms of its items and paragraphs up to the transfer stage," noting that "the committee added items that maximize state revenues and support and protect the local product." .
    Al-Tobi added, "The controversial articles are only articles (12, 13, and 14) that concern the Kurdistan region," stressing that "the Finance Committee looks at the budget and its materials and clauses technically away from politics, as for the discussions between political parties and parties, they are isolated from the committee and its work." .
    He pointed out that "the committee added some technical touches to the budget that preserves the wealth of the country in the first place, and legalizes the relationship between Baghdad and the region," stressing that "the committee works to create a state of settlement and justice in the distribution of wealth between the governorates in the center, south, west and north."
    He explained that "the committee relied on the decision of the Federal Court, the decision of the Paris Club, and general principles, in preserving the wealth of the country, among which are three points represented in the export of oil from Kurdistan through the Oil Marketing Company (SOMO), and the opening of a bank account with the Central Bank of Iraq that is subject to To supervise the Office of Financial Supervision and authorize the Prime Minister and Minister of Finance to disburse the prime minister of the region, as well as to preserve public money by specifying 5 years to pay off the indebtedness of loans granted to the region instead of 7 years.
    He pointed out that "the committee will create a state of balance between the western, northern and southern governorates when it reaches the transfer, especially the central governorates (Muthanna, Diwaniyah, and Babil) as they are very affected, and their allocations to approve the distribution according to the proportions of the Ministry of Planning in calculating the percentage of the population, and for example the Ministry of Planning's census." In Al-Muthanna Governorate, it refers to 700 thousand people, while the reality is represented by about one million citizens in it, and therefore the committee will work to create a state of settlement and raise the allocations of these governorates with additional amounts.
    And he indicated that "the budget has nothing left of it except for the transfer and spending sections, for example the Popular Mobilization Authority and the Martyrs Foundation need financial allocation," stressing that "the transfer is ready to be classified."
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