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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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    Amending Article 12 whets the appetite for amendments.. The tripartite budget has become “binary”

    Rocky
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    Amending Article 12 whets the appetite for amendments.. The tripartite budget has become “binary” Empty Amending Article 12 whets the appetite for amendments.. The tripartite budget has become “binary”

    Post by Rocky Mon 09 Dec 2024, 4:01 am

    [size=35][size=35]Amending Article 12 whets the appetite for amendments.. The tripartite budget has become “binary”[/size]
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    Alsumaria Special

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    2024-12-09 | 03:00
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    in[You must be registered and logged in to see this link.]2023, Council voted[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]On a three-year budget, the current government was keen to have a budget law for 3 years, to get rid of the most prominent obstacles to the budget during the past years, represented by the annual political disputes. Therefore, the government was keen to approve a budget for three years that would not force it to wait for consensus.[You must be registered and logged in to see this link.]Annually, and is effective for the entire government cycle.


    But this plan is now threatened, and it seems that the three-year budget has become “binary” in reality, as while the budget items for the years 2023 and 2024 were implemented only immediately after the schedules were approved,[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]In the old days game of amending the budget and each political group requesting a special amendment that meets its aspirations or the aspirations of its audience, as it believes.


     

     
    Amending Article 12.. a gateway to whet the appetite for amendments to other budget paragraphs
     
    The door to amending Article 12 of the budget law, which relates to amending the costs of producing Kurdistan oil, will be open and open to other amendments that may make the budget subject to addition, amendment, deletion, transfers and political bargaining, while the fiscal year is about to end and there are no signs of the possibility of completing the budget and its schedules soon.

    The government sent an amendment that includes Article 12
     
    The government sent an amendment to Article 12 of the 78 budget articles, which relates to the financial costs calculated for the production of Kurdistan Region oil after the suspension of the export of Kurdistan Region oil for nearly two years due to the dispute between the federal government in Baghdad on the one hand, and the foreign companies operating in Kurdistan oil on the other hand.

    Kurdistan oil companies see $6 per barrel as an "unfair price"
     
    Foreign companies in Kurdistan believe that calculating the cost of producing a barrel of oil in the region is equal to the cost of producing a barrel of oil in the south.[You must be registered and logged in to see this link.]The $6 per barrel is not possible, especially since the oil fields in Kurdistan are located in difficult and mountainous areas and the production costs there are higher than the production costs in the south.

    Establishing a consulting body to determine the production cost in each field within 60 days of the legislation[You must be registered and logged in to see this link.]
     
    Accordingly, the government concluded that it was necessary to establish a consulting body to determine the fair cost of producing a barrel of oil in Kurdistan, and this was included.[You must be registered and logged in to see this link.]In Article 12 of the budget, which he read[You must be registered and logged in to see this link.]First reading, as it includes[You must be registered and logged in to see this link.]Calculating production costs at $16 per barrel until the consulting body completes the calculation of the fair cost per barrel within 60 days of the vote on the budget amendment.

    [You must be registered and logged in to see this link.]Read the first reading and the 2025 schedules will not arrive before the end of[You must be registered and logged in to see this link.]
     
    read[You must be registered and logged in to see this link.]The first reading of the amendment was on November 26, and it still has to be approved.[You must be registered and logged in to see this link.]Second reading and then voting, during which time the government will not send the budget tables until the original budget text is amended to account for costs and changes that will occur in the budget tables.

    Parliamentary desires to "extend the amendment" to other paragraphs emerge.. Elections and bickering approach
     
    Meanwhile, many parliamentary opinions began to express their objection to amending this article and calculating the new cost of Kurdistan oil, and parliamentary desires began to emerge to exploit the opening of the amendment door, to amend other paragraphs in the budget and not limit themselves to amending Article 12 related to Kurdistan oil only.

    2025 may not witness the approval of the budget
     
    Indeed, many political desires and popular aspirations may enter into the line of amending other paragraphs of the budget, especially since the elections are approaching, which means the return of the conflicts that will delay the approval of the 2025 budget, especially since[You must be registered and logged in to see this link.]It will enter its legislative recess on December 9.


    This report is part of the "Harvest of Alsumaria" program, presented by Ward Al-Mozani and prepared by the "Alsumaria" newsroom. It is shown every Friday at 8:30 pm. To watch the full episode,[You must be registered and logged in to see this link.]
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