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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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    Text of the articles related to the share and obligations of the Kurdistan region in the federal bud

    Rocky
    Rocky
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    Text of the articles related to the share and obligations of the Kurdistan region in the federal bud Empty Text of the articles related to the share and obligations of the Kurdistan region in the federal bud

    Post by Rocky Sun 18 Jun 2023, 8:33 am

    [size=30]Text of the articles related to the share and obligations of the Kurdistan region in the federal budget
    [ltr]2023.06.17 - 21:42[/ltr]
    [/size]
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    Baghdad - people  
    On Saturday, "NAS" publishes the text of the articles related to the share and obligations of the Kurdistan region in the federal budget.  
      
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    Earlier, the secretary of the Kurdistan Regional Council of Ministers said that the funds that reach the region will be liquidated retroactively after the implementation of the general federal budget law for 2023.  
      
    And the Secretary of the Council of Ministers for the region, Amanj Rahim, added in a post followed by “NAS” on Saturday, (June 17, 2023), that the articles related to the region in the budget are articles 11-12-13, and after publishing the budget, the law will enter into force retroactively from January 1 and according to Budget One trillion and 200 billion dinars will be liquidated for the Iraqi commercial banks, Al-Rasheed and Al-Rafidian, and will be deducted from the monthly dues specified for the region in the budget.    
      
    The Secretary of the Council of Ministers explained the main commitments contained in the budget for the region as follows:    
      
    * Delivery of 400 thousand barrels of oil produced in the region in the event of resuming exports through the port of Ceyhan or using it for refining and local consumption.    
      
    * Delivering 50% of the proceeds of border crossings to the federal treasury.    
      
    * Delivery of the monthly installment of the region's obligations towards the Trade Bank of Iraq.    
      
    * Submission of the budget reviewed by the Ministry of Finance.    
      
    The agreement of the federal and regional financial oversight bodies on the review mechanism.   
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