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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 "political project"... An economic diagnosis of the "pitfalls" of the tripartite budget: What abou

    Rocky
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    A "political project"... An economic diagnosis of the "pitfalls" of the tripartite budget: What abou Empty A "political project"... An economic diagnosis of the "pitfalls" of the tripartite budget: What abou

    Post by Rocky Mon 12 Jun 2023, 8:00 am

    [size=35][size=35]A "political project"... An economic diagnosis of the "pitfalls" of the tripartite budget: What about the positives?[/size]
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    Sumerian special

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    2023-06-12 | 05:47
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    Alsumaria News - Special


    With the approval of the tripartite financial budget bill, inside the dome of Parliament, the popular attention turns to the paragraphs that affect its needs in the first place, as it will not care about the price of oil, and it does not express any position on the shares of the Kurdistan region, but rather the first and last concern is what it offers The long-running budget of services and job opportunities.


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    The draft budget submitted by the current government may be the largest in the history of [You must be registered and logged in to see this link.], after 2003, as it amounted to approximately 197 billion dinars, or approximately 153 billion dollars, and its paragraphs and materials included all sectors of life, and its funds were allocated to all governorates. years ago?



    The negative and positive consequences of the draft financial budget law were revealed by the economist, Majed Al-Suri, in an interview with [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], saying, "The financial budget law is rather political, but there is a great deal of effort to solve some societal problems, and they relate to part of unemployment." Indicating: "Despite the solution methods, it can be represented by other solution methods other than increasing the number of employees and the government's commitments for the coming years, and linking [You must be registered and logged in to see this link.]'s financial resources to the external market, which is related to the price of oil."

    He adds, "There are important directions related to economic development through many articles that have been approved, and the start of work with services, but they need mechanisms and personalities who believe in this issue in order for the implementation to succeed, which is related to the application of laws and solving the problem of border crossings and the tax system in general, considering The existing system is not integrated and old and relies on the basis of collecting money, at a time when the tax prepares a respectable financial policy that works to redistribute income fairly, and at the same time encourage internal development and internal production, so the tax law must be amended.

    The economist points out, "There are very big issues with regard to development funds, which will lead to the dispersal of funds in several directions," proposing "to collect all development funds and specialized banks such as agricultural, industrial and real estate in a very large development bank, affiliated to the federal government, with an estimated capital of 10 trillion. Dinars, and it can be managed by various means to develop the private and public sectors and the productive sectors, especially agriculture, industry and housing.

    Al-Suri states, "The financial budget has very important social touches, because it works to solve part of unemployment, and there are economic trends to achieve development, but the methods used must change its general outlook."

    As for the negative consequences, the expert explains, "There are very large bumps in the draft budget, especially with regard to increasing the number of employees by one million people, which led to an increase in operating expenses for employees, which are fixed expenses of about 16 trillion dinars and more if it is done according to subsidies and social care."

    And the economist continues, "Financial imports depend mainly on the foreign market and lead to an increase in import demand, which currently amounts to $70 billion for the government and private sectors, and dependence on abroad, which is dominated by very large tax trends and the impact on internal prices, in the wrong direction, must be done. Development of local production to eliminate these shortcomings.

    In turn, the economist, [url=https://www.alsumaria.tv/Entity/3517594793/%D9%86%D8%A8%D9%8A%D9%84 %D8%A7%D9%84%D9%85%D8%B1%D8%B3%D9%88%D9%85%D9%8A/ar/]Nabil Al-Marsoumi[/url], identified a negative point in one of the articles of the financial budget bill, which will deprive young people of job opportunities.

    Al-Marsoumi mentioned in his post, followed by Al-Sumaria News, that "the Iraqi person who is employed in one of the government departments, and after serving only one year, is able to obtain leave for a period of years, with a nominal salary."

    He points out, "A government employee can, during this period, practice any job in the private sector!", adding, "Thank you to Parliament, which made it easy for the employee to practice two jobs together and deprived young people of job opportunities."

    It is noteworthy that the House of Representatives voted on Article No. 29 of the Finance Bill, which pertains to the employee’s vacation for 5 years with a nominal salary, during which he can work in the private sector, provided that the certificate is not counted for him if he studies during the vacation period.

    The budget included adding new paragraphs represented by voting on a new article that provides for the allocation of 50 billion to the [url=https://www.alsumaria.tv/Entity/119714/%D8%A7%D9%84%D8%AE%D8%B7%D9%88%D8%B7 %D8%A7%D9%84%D8%AC%D9%88%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9/ar/]Iraqi Airways[/url] Company for aircraft maintenance.

    As well as voting on a new article stipulating that the [url=https://www.alsumaria.tv/Entity/3908880058/%D8%A7%D9%84%D8%A3%D9%86%D8%A8%D8%A7%D8%B1 %D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AF%D9%81%D8%A7%D8%B9/ar/]Ministry of Defense[/url] is obligated to pay the monthly salary of 500 thousand members of the Awakening Movement who continue to work instead of 250 thousand within their financial allocations, and that there is no financial impact on the public treasury.

    It also included voting on a new article related to the popular crowd differences, and voting on a new article that stipulates the conversion of pending contracts in the [url=https://www.alsumaria.tv/Entity/993661120/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%AE%D8%A7%D8%A8%D9%8A%D8%A9/ar/]Electoral Commission[/url] into operational contracts.

    As well as voting on a new article stipulating the allocation of 150 billion dinars for the implementation of Iraqi-Egyptian projects.
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