POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]
[size=52]The Finance Committee reports violations against the federal government: sending money to Kurdistan outside the scope of the law[/size]
[size=45]Baghdad/Zayer Ali[/size]
[size=45]The Parliamentary Finance Committee in the Iraqi Parliament believes that the central government committed violations by sending more than 700 billion Iraqi dinars to the Kurdistan government, while indicating that sending money is outside the scope of the law.[/size]
[size=45]Member of the Parliamentary Finance Committee, Muhammad Nouri, says, “The federal government committed a violation, and it is not the first time,” noting that “the Baghdad government had previously paid more than 7 billion Iraqi dinars to the Kurdistan Regional Government outside the scope of the law and through legal loopholes that are not real.”[/size]
[size=45]He added, "The government exceeded the provisions of the general financial budget, which obligated the region to pay imports to the central government, as well as to pay what is collected from oil and revenues from border crossings."[/size]
[size=45]Al-Nouri pointed out, “The region did not pay any of these revenues, according to what Finance Minister Taif Sami stated during her meeting with the Parliamentary Finance Committee during the current week.”[/size]
[size=45]The member of the House of Representatives pointed out that “the government’s violation casts a shadow over the allocations of the other 15 governorates,” noting that “the government justifies these allocations by saying that they are to pay the salary entitlements of the region’s employees. The regional government did not pay the employees’ allowances and forced them to compulsory savings.”[/size]
[size=45]In December 2023, the Federal Ministry of Finance announced the launch of a loan worth 700 billion dinars to finance the salaries of Kurdistan Region employees.[/size]
[size=45]The Federal Ministry of Finance also stated in a statement, “In implementation of the directives of the Prime Minister and the follow-up of the Minister of Finance, Taif Sami Muhammad, the Ministry issued letters granting the regional government a loan worth 700 billion dinars to cover the salaries of the region’s employees by guaranteeing a deposit provided to the Federal Ministry of Finance, provided that it is settled from dues.” The region after their commitment to the provisions of the budget law, based on the approval of the Council of Ministers and in implementation of what was stated in its resolution No. (23520) of 2023.”[/size]
[size=45]The ministry added that this “came out of keenness to implement its procedures in accordance with what was stated in the Federal General Budget Law No. 13 of 2023, including securing the financial rights of those entitled to it, and as confirmation of the government’s keenness to meet the requirements of employees in the Kurdistan region, and to implement financial reforms aimed at promoting economic growth.” .[/size]
[size=45]Economic affairs researcher Nabil Al-Marsoumi believes that “the confusion that occurred is due to two reasons. The first is the cessation of the region’s revenues after the cessation of exports to Turkey,” noting that “the other reason is that Kurdistan’s share is calculated by the value of actual spending, not planned.”[/size]
[size=45]He added, “The loan approved by the Council of Ministers was preceded by a group of loans amounting to 2.5 trillion dinars,” pointing out that Kurdistan’s share of 12.67%, which is equivalent to approximately 16 and a half trillion, but what should be transferred is actual spending.[/size]
[size=45]Al-Marsoumi pointed out, “This is one of the mistakes in the budget, and the salaries item should have been excluded from actual spending because it is the largest percentage, which is equivalent to 9.3 trillion dinars.”[/size]
[size=45]In January 2023, the Federal Court issued a decision canceling all government decisions related to transferring funds to the Kurdistan region.[/size]
[size=45]The court stated in a statement that it “decided to rule that the decisions issued by the Council of Ministers in the years 2021 and 2022 were invalid” regarding transferring funds to the Kurdistan region, adding that “the ruling is now binding on all authorities.”[/size]
[size=45]Last Sunday, Finance Minister Taif Sami confirmed that the Kurdistan Region did not deliver any revenues to the federal government during 2023.[/size]
[size=45]The Parliamentary Finance Committee, headed by Atwan Al-Atwani, hosted the Minister of Finance, Taif Sami, to discuss a number of important files, including preparing to make the required amendments to the budget tables for the year 2024.[/size]
[size=45]The head of the committee, Al-Atwani, confirmed that “the meeting came to review the financial path in implementing the items of the tripartite budget and to determine the funding ratios with regard to the implementation of projects and in a manner consistent with the government program and other governing entitlements, as the minister noted that there is a problem with the data for including projects within the investment budget, and that it No funds will be disbursed to government institutions for the year 2024 unless the project components are marked and the imbalance in the allocations for last year’s schedules is addressed.”[/size]
[size=45]He explained, “The most important problems and obstacles facing the implementation of the budget law were also reviewed, most notably the paragraph related to appointments and contracts, and it was agreed with the Minister of Finance to complete the tables for calculating financial costs with a view to launching them in 2024.”[/size]
[size=45]Al-Atwani pointed out that “the Kurdistan region’s oil file was present in today’s meeting with the Minister of Finance, where the latter confirmed that the region did not deliver any financial revenues to the federal government during 2023, and was only satisfied with supplying government refineries with 50,000 barrels of oil per day.”[/size]
[size=45]The Chairman of the Finance Committee stressed “the necessity of finding radical solutions to all outstanding problems with the region, especially after the Turkish side agreed to resume oil exports through the port of Ceyhan, and this requires resolving the issue of production and transportation costs for oil produced from the region’s fields, as well as addressing the problem of salaries of the region’s employees and deportation.” This file is free from any political tensions, calling at the same time on the Kurdistan Regional Government to fully commit to implementing the federal general budget law.”[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]The Finance Committee reports violations against the federal government: sending money to Kurdistan outside the scope of the law[/size]
[size=45]Baghdad/Zayer Ali[/size]
[size=45]The Parliamentary Finance Committee in the Iraqi Parliament believes that the central government committed violations by sending more than 700 billion Iraqi dinars to the Kurdistan government, while indicating that sending money is outside the scope of the law.[/size]
[size=45]Member of the Parliamentary Finance Committee, Muhammad Nouri, says, “The federal government committed a violation, and it is not the first time,” noting that “the Baghdad government had previously paid more than 7 billion Iraqi dinars to the Kurdistan Regional Government outside the scope of the law and through legal loopholes that are not real.”[/size]
[size=45]He added, "The government exceeded the provisions of the general financial budget, which obligated the region to pay imports to the central government, as well as to pay what is collected from oil and revenues from border crossings."[/size]
[size=45]Al-Nouri pointed out, “The region did not pay any of these revenues, according to what Finance Minister Taif Sami stated during her meeting with the Parliamentary Finance Committee during the current week.”[/size]
[size=45]The member of the House of Representatives pointed out that “the government’s violation casts a shadow over the allocations of the other 15 governorates,” noting that “the government justifies these allocations by saying that they are to pay the salary entitlements of the region’s employees. The regional government did not pay the employees’ allowances and forced them to compulsory savings.”[/size]
[size=45]In December 2023, the Federal Ministry of Finance announced the launch of a loan worth 700 billion dinars to finance the salaries of Kurdistan Region employees.[/size]
[size=45]The Federal Ministry of Finance also stated in a statement, “In implementation of the directives of the Prime Minister and the follow-up of the Minister of Finance, Taif Sami Muhammad, the Ministry issued letters granting the regional government a loan worth 700 billion dinars to cover the salaries of the region’s employees by guaranteeing a deposit provided to the Federal Ministry of Finance, provided that it is settled from dues.” The region after their commitment to the provisions of the budget law, based on the approval of the Council of Ministers and in implementation of what was stated in its resolution No. (23520) of 2023.”[/size]
[size=45]The ministry added that this “came out of keenness to implement its procedures in accordance with what was stated in the Federal General Budget Law No. 13 of 2023, including securing the financial rights of those entitled to it, and as confirmation of the government’s keenness to meet the requirements of employees in the Kurdistan region, and to implement financial reforms aimed at promoting economic growth.” .[/size]
[size=45]Economic affairs researcher Nabil Al-Marsoumi believes that “the confusion that occurred is due to two reasons. The first is the cessation of the region’s revenues after the cessation of exports to Turkey,” noting that “the other reason is that Kurdistan’s share is calculated by the value of actual spending, not planned.”[/size]
[size=45]He added, “The loan approved by the Council of Ministers was preceded by a group of loans amounting to 2.5 trillion dinars,” pointing out that Kurdistan’s share of 12.67%, which is equivalent to approximately 16 and a half trillion, but what should be transferred is actual spending.[/size]
[size=45]Al-Marsoumi pointed out, “This is one of the mistakes in the budget, and the salaries item should have been excluded from actual spending because it is the largest percentage, which is equivalent to 9.3 trillion dinars.”[/size]
[size=45]In January 2023, the Federal Court issued a decision canceling all government decisions related to transferring funds to the Kurdistan region.[/size]
[size=45]The court stated in a statement that it “decided to rule that the decisions issued by the Council of Ministers in the years 2021 and 2022 were invalid” regarding transferring funds to the Kurdistan region, adding that “the ruling is now binding on all authorities.”[/size]
[size=45]Last Sunday, Finance Minister Taif Sami confirmed that the Kurdistan Region did not deliver any revenues to the federal government during 2023.[/size]
[size=45]The Parliamentary Finance Committee, headed by Atwan Al-Atwani, hosted the Minister of Finance, Taif Sami, to discuss a number of important files, including preparing to make the required amendments to the budget tables for the year 2024.[/size]
[size=45]The head of the committee, Al-Atwani, confirmed that “the meeting came to review the financial path in implementing the items of the tripartite budget and to determine the funding ratios with regard to the implementation of projects and in a manner consistent with the government program and other governing entitlements, as the minister noted that there is a problem with the data for including projects within the investment budget, and that it No funds will be disbursed to government institutions for the year 2024 unless the project components are marked and the imbalance in the allocations for last year’s schedules is addressed.”[/size]
[size=45]He explained, “The most important problems and obstacles facing the implementation of the budget law were also reviewed, most notably the paragraph related to appointments and contracts, and it was agreed with the Minister of Finance to complete the tables for calculating financial costs with a view to launching them in 2024.”[/size]
[size=45]Al-Atwani pointed out that “the Kurdistan region’s oil file was present in today’s meeting with the Minister of Finance, where the latter confirmed that the region did not deliver any financial revenues to the federal government during 2023, and was only satisfied with supplying government refineries with 50,000 barrels of oil per day.”[/size]
[size=45]The Chairman of the Finance Committee stressed “the necessity of finding radical solutions to all outstanding problems with the region, especially after the Turkish side agreed to resume oil exports through the port of Ceyhan, and this requires resolving the issue of production and transportation costs for oil produced from the region’s fields, as well as addressing the problem of salaries of the region’s employees and deportation.” This file is free from any political tensions, calling at the same time on the Kurdistan Regional Government to fully commit to implementing the federal general budget law.”[/size]
[size=45][You must be registered and logged in to see this link.]
Yesterday at 3:15 pm by Rocky
» utube MM&C 10/17/24 MM&C News Reporting - Iraq Dinar Updates 10/16/2024
Yesterday at 8:13 am by Rocky
» Aides CUT OFF Interview as Kamala Harris BOMBS on Fox News
Yesterday at 6:59 am by Rocky
» Trump's women's voters town hall oct 16-24
Yesterday at 6:59 am by Rocky
» MM&C 10/16/24 Iraq Increases Reserves at IMF by 50%
Yesterday at 6:58 am by Rocky
» MM&C 10/15/24 US Senate enters the line of pressure on the Central Bank of Iraq
Yesterday at 6:57 am by Rocky
» utube MM&C 10/15/24 Attention to Valuation-Revaluation of Currency-IMF-WB-Viewpoints
Yesterday at 6:57 am by Rocky
» Trade Bank of Iraq announces the imminent opening of Al-Saydiyah and Al-Samawah branches
Yesterday at 6:53 am by Rocky
» Finance launches third issue of government bonds “Enjaz” for public subscription
Yesterday at 6:52 am by Rocky
» Washington: We support Iraq’s economic reform agenda, updating the budget and enhancing transparency
Yesterday at 6:49 am by Rocky
» Muqtada al-Sadr: German Foreign Minister must retract her statements supporting the killing of civil
Yesterday at 6:44 am by Rocky
» About $270 million in sales from the Central Bank of Iraq at today's auction
Yesterday at 6:42 am by Rocky
» Oil Ministry: Iraq is one of the worst violators of gas flaring rules
Yesterday at 6:41 am by Rocky
» Al-Sudani chairs a meeting to follow up on efforts to develop the work of the government banking sec
Yesterday at 6:39 am by Rocky
» Al-Sudani stresses the importance of banking reform in enhancing citizen confidence and cooperation
Yesterday at 6:36 am by Rocky
» BRICS currency.. Government advisor: A global monetary and financial system is about to be born
Yesterday at 5:56 am by Bama Diva
» Iraq imports 17% of Jordanian food industry products
Yesterday at 5:08 am by Rocky
» MP: 3 Iraqi messages at the International Conference of Speakers of Parliaments in Geneva
Yesterday at 5:05 am by Rocky
» The Minister of Oil dismisses the Director General of the North Oil Company from his position
Yesterday at 5:03 am by Rocky
» Nechirvan Barzani calls on Baghdad not to be afraid of arming the Peshmerga: They are defending Iraq
Yesterday at 5:02 am by Rocky
» Two waste sites identified for use in energy generation in Baghdad
Yesterday at 5:00 am by Rocky
» EU seeks to build economic corridor with Gulf states
Yesterday at 4:57 am by Rocky
» Industry announces obligating brick factories to switch to gas instead of black oil
Yesterday at 4:56 am by Rocky
» Iraq ranks third in real estate purchases in Türkiye during the month
Yesterday at 4:55 am by Rocky
» The President of the Republic discusses the investment situation in the country
Yesterday at 4:53 am by Rocky
» Iraq reconstruction projects before Arab ministers
Yesterday at 4:52 am by Rocky
» Al-Sudani: The government has regained the confidence of citizens
Yesterday at 4:51 am by Rocky
» Major government campaign to combat environmental pollution
Yesterday at 4:50 am by Rocky
» The food basket and care increased the citizen’s share of the GDP.
Yesterday at 4:48 am by Rocky
» Economic Contradictions: Argentina as a Model
Yesterday at 4:47 am by Rocky
» Malians: No significant impact of dollar's rise in markets
Yesterday at 4:46 am by Rocky
» Calls to speed up the establishment of the {Bank of the Poor}
Yesterday at 4:45 am by Rocky
» Today.. The Kurdistan government announces a list of September salaries
Yesterday at 4:40 am by Rocky
» Al-Sudani pledges to adopt a 5-dimensional "integrated strategy" to support Diyala
Yesterday at 4:38 am by Rocky
» Barzani and Erdogan discuss the development road project
Yesterday at 4:37 am by Rocky
» The Presidency of the Republic calls for submitting applications regarding death sentences that do n
Yesterday at 4:36 am by Rocky
» Iraq is heading to import gas from deep in Asia
Yesterday at 4:34 am by Rocky
» They brought in about 4 billion dollars.. Iran receives more than 4 million tourists, led by Iraq, i
Yesterday at 4:30 am by Rocky
» Will "Turkmen gas" change the reality of electricity in Iraq?
Yesterday at 4:29 am by Rocky
» Politician: US Ambassador Failed to Create Western Veto on Parliament Laws
Yesterday at 4:27 am by Rocky
» White House adopts hotline with Baghdad in preparation for indirect negotiations with Tehran
Yesterday at 4:25 am by Rocky
» Deputy Minister of Oil publishes phrases for unknown reasons on his Facebook account
Yesterday at 4:24 am by Rocky
» He inaugurated and announced strategic projects and issued 3 important decisions.. Dimensions of Al-
Yesterday at 4:23 am by Rocky
» The trial period for raising the prices of improved gasoline has ended, and the amount of revenues i
Yesterday at 4:22 am by Rocky
» Iraq is the fourth in the world in violating “Internet freedom” during 2024
Yesterday at 4:21 am by Rocky
» Parliament Speaker Crisis Looms.. Coordination Framework Agrees to Support Al-Mashhadani
Yesterday at 4:19 am by Rocky
» Al-Sudani Party: Parliament fully supports the Prime Minister
Yesterday at 4:19 am by Rocky
» Kurdistan Finance Deposits More Than 77 Billion in Non-Oil Revenues into Baghdad Treasury
Yesterday at 4:17 am by Rocky
» Causing environmental pollution.. Closure of 30 metal smelting sites east of Baghdad
Yesterday at 4:15 am by Rocky
» Traffic announces the imminent start of issuing license plates for taxis, trucks and bicycles
Yesterday at 4:14 am by Rocky
» A huge fire devours a hypermarket in Baghdad
Yesterday at 4:13 am by Rocky
» Planning: The general census will collect accurate information on employees in the public and privat
Yesterday at 4:12 am by Rocky
» The Commission announces its full readiness to hold the Kurdistan Regional Parliament elections
Yesterday at 4:11 am by Rocky
» The Coordination Framework agrees to support Al-Mashhadani for the presidency of Parliament
Yesterday at 4:10 am by Rocky
» Sunni political meeting to discuss general amnesty and the issue of the position of the Speaker of P
Yesterday at 4:09 am by Rocky
» Petroleum Products: The percentage of imports of derivatives decreased to 50 percent
Yesterday at 4:08 am by Rocky
» "Medicines in Iraq" .. Talk about smuggled treatments and the absence of a pharmaceutical policy
Yesterday at 4:05 am by Rocky
» Dollar exchange rate drops on Thursday morning
Yesterday at 4:03 am by Rocky
» "Suspicion" in Karbala Refinery: Failure to train Iraqi cadres.. Korean will renew the operating con
Yesterday at 4:02 am by Rocky
» Parliamentary Committee Talks About Economic Reform Law: It Reached Parliament Months Ago
Yesterday at 4:00 am by Rocky
» New Study Talks About an American Crime: Uranium Fingerprint in the Blood of Iraqis
Yesterday at 3:59 am by Rocky
» Electoral silence in Kurdistan before stormy vote
Yesterday at 3:58 am by Rocky
» Special voting for Kurdistan elections starts tomorrow and the commission announces its readiness
Yesterday at 3:57 am by Rocky
» Iraq's 2025 budget returns to the forefront, so what are the demands?
Yesterday at 3:55 am by Rocky
» great interview President Trump's Interview with Bloomberg at The Economic Club of Chicago
Wed 16 Oct 2024, 7:03 am by Rocky
» Foreign remittance sales increase by 97% at Central Bank auction
Wed 16 Oct 2024, 6:44 am by Rocky
» Al-Maliki invites international companies to invest in agriculture in Iraq
Wed 16 Oct 2024, 5:14 am by Rocky
» MP urges Sunni forces to decide on Parliament Speakership
Wed 16 Oct 2024, 5:12 am by Rocky
» Al-Sudani is upset with the procrastination and threatens to withdraw the Australian hospital projec
Wed 16 Oct 2024, 5:11 am by Rocky
» The Coordination Framework agrees to support Al-Mashhadani for the presidency of Parliament and pass
Wed 16 Oct 2024, 5:10 am by Rocky
» Finance Minister and US Ambassador Discuss Government Efforts to Achieve Economic Reforms
Wed 16 Oct 2024, 5:08 am by Rocky
» Parliamentary Services: Nearly 80% of waste landfill sites do not have environmental approvals
Wed 16 Oct 2024, 5:06 am by Rocky
» "The rise of the dollar is not the reason".. An expert reveals the reasons for the rise in meat pric
Wed 16 Oct 2024, 5:05 am by Rocky
» Al-Sudani lists the implementation of 99 schools in Diyala with funding from this party
Wed 16 Oct 2024, 5:04 am by Rocky
» Al-Furatain Bloc: Al-Sudani's government is working to complete all service projects on time
Wed 16 Oct 2024, 5:03 am by Rocky
» The Central Bank reveals the percentage of gold in Iraq's foreign currency reserves
Wed 16 Oct 2024, 5:02 am by Rocky
» Rusafa is cleaner than Karkh.. Analysis of the air pollution index in Baghdad
Wed 16 Oct 2024, 5:00 am by Rocky
» Medical complex for the treatment of psychological disorders and drug addiction
Wed 16 Oct 2024, 4:59 am by Rocky
» Toxic waste
Wed 16 Oct 2024, 4:58 am by Rocky
» Al-Sudani: We have started to address environmental pollution
Wed 16 Oct 2024, 4:57 am by Rocky
» Opening of Bastora Dam in Erbil
Wed 16 Oct 2024, 4:55 am by Rocky
» A move to build hospitals to treat mental disorders
Wed 16 Oct 2024, 4:54 am by Rocky
» Al-Naili to {Sabah}: Starting to establish the Martyrs Fund
Wed 16 Oct 2024, 4:53 am by Rocky
» National Lending Strategy
Wed 16 Oct 2024, 4:51 am by Rocky
» Exporting aviation fuel... a new step towards diversifying revenues
Wed 16 Oct 2024, 4:50 am by Rocky
» Oil falls, OPEC cuts growth forecast
Wed 16 Oct 2024, 4:49 am by Rocky
» Foreign Minister leaves Baghdad on a European tour that begins with a visit to Ireland and ends in F
Wed 16 Oct 2024, 4:48 am by Rocky
» Launching of the activities of the international scientific conference under the slogan "Development
Wed 16 Oct 2024, 4:46 am by Rocky
» Parliamentary recommendations to update the proposed law on the organization of trade unions for wor
Wed 16 Oct 2024, 4:44 am by Rocky
» Minister of Finance stresses the importance of partnership with the United States to achieve sustain
Wed 16 Oct 2024, 4:43 am by Rocky
» Minister of Transport supervises the submersion of concrete pieces of the submerged tunnel in the Gr
Wed 16 Oct 2024, 4:41 am by Rocky
» The Parliamentary Oil Committee meets with the Minister of Electricity to explain the mechanisms for
Wed 16 Oct 2024, 4:40 am by Rocky
» MP calls for electing a chairman for the Nineveh Investment Commission
Wed 16 Oct 2024, 4:39 am by Rocky
» The Council of Ministers decides to appoint 7 general managers in various ministries
Wed 16 Oct 2024, 4:38 am by Rocky
» Transport issues clarification regarding a photo of its Minister with the Minister of Oil: Private v
Wed 16 Oct 2024, 4:36 am by Rocky
» Barzani heads to Ankara tomorrow carrying 6 files
Wed 16 Oct 2024, 4:35 am by Rocky
» Al-Sudani puts major countries before their responsibilities
Wed 16 Oct 2024, 4:34 am by Rocky
» Iraqi oil suffers heavy losses in third session of the week
Wed 16 Oct 2024, 4:32 am by Rocky
» Al-Hakim calls for greater attention to food security and agricultural production
Wed 16 Oct 2024, 4:31 am by Rocky