31/01/2015 (00:01 pm) - The number of readings: 195 - Issue (3275)
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[ltr][rtl]ا[/rtl]Parliamentary Finance describes the 2015 budget as the "most appropriate" and experts assert: taxes borne by the poor [/ltr]
BAGHDAD / Ghazanfar Laibi - Amer Mohi
[ltr] Parliamentary Finance Committee described the federal budget for the year 2015 as the "most appropriate", compared to revenues of the country due to the decline in global oil prices, as promised allocated for national reconciliation "a waste of public money" funds, economists stressed that the spending cuts in the budget, "landing, not a reformer" items, arguing The tax would be borne by the poor and low-income people.
She said the Finance Committee member Magda Tamimi "long", that "the Iraqi Council of Representatives was able to resolve the main outstanding problems that have delayed the adoption of the federal budget law, and of the export of the region's oil, and the problem of the formation of the National Guard, in addition to the custom of national reconciliation money," indicating that " it was agreed that these issues after big efforts made by the members of the Iraqi parliament. "
She Tamimi, saying that "the Finance Committee has done everything it can to take out the budget in this way, because many demands, while financial resources few, especially after the drop in oil prices dramatically," arguing that "the budget in this form are best suited compared few revenue due to lower global oil prices ".
She explained that "the recent agreement whereby assigned to the BSA to be responsible for controlling the export of oil and financial dues to the central government funds," pointing out that "a coalition of Iraqi forces demanded 50 thousand jobs, including for the National Guard, but the agreement was that the ratio is half a percent, according to areas. "
Tamimi pointed out that the "allocated to the reconciliation of funds of the Vice-President of the Republic of Iyad Allawi will be a waste of public money and squandering." She stressed that "the Finance Committee submitted a proposal to keep the staff for saving only in the necessary condition, especially since there are news refers to the rise in oil prices after half the current year, and thus the water return to normal, but if this is not done it, it is possible savings on the staff situation."
For his part, economist said Bassem Jamil Anton in an interview for the "long", that "the adoption of the budget under these conditions suffered by the Iraqi economy as a result of lower oil prices is a good thing, but the budget bill, which a lot of problems, especially with the presence of a large deficit 25.4 trillion dinars. "
Taxes on the poor
He Anton said, "was supposed to not include the budget laws take from the shoulders of the citizen, as the imposition of taxes on Internet calls and other affects a lot of the poor, especially since 30% of Iraqis live below the poverty line."
Budget neglected the private sector
He explained that "the general budget did not support the private sector, with the knowledge that Iraq needs to diversify its sources of income, and must rely on other income in addition to oil," pointing to "give money operating budget on investment reverse, but could be the investment side running in case prices increased Oil in the coming months. "
No laws of the industrial sector
I am surprised at the expert from the "non-inclusion of important laws pertaining to industrial reality, especially after many of the development of this important sector, which has suffered in the past years, claims", calling on the Iraqi government to "pay attention to the industrial sector in the event of rising oil prices."
Expectations of significant changes
He wrote economist Maytham coffee in his on "Facebook", "One of the important budget paragraphs are CBI compel the sale of $ 75 million a day, (the approximate average half of what sells now," noting that "this is going to happen significant changes in quantities of imports (decline), the balance of payments (improvement), the price level (high), demand (contraction), work (unemployment), smuggling of funds, money laundering, and also the possibility of the signs of the black market, all of this needs to detail and analysis. "
Abra quality budget is not approved quickly
He adds Laibi that "the adoption of the budget deadlines close is good for the economy and society, but, although the deadline late compared to the ceilings set out to make joints and approval, because the lesson is not the adoption of the budget itself, but also the quality of the budget, which is significantly low."
Pro forma budget!
There is almost frustrating (no difference) by the government on the adoption of the budget in any level of expenditure and income and at any level of disability and whatever financed roads, and the evidence that the Prime Minister Haider al-Abadi, did not agree on a budget for the government returned and asked the parliamentary committees would have to do instead and this gives us the impression that this budget formality and that the launch of the total exchange is more preoccupied the government to implement its obligations without considering the details like something has no hand in it, and this is contrary to reality, as the supposedly knowledgeable Pt_khasasatha and best able to determine which expenses can be reduced or kept. " .
Reduce expenses landing and not a reformer
He continues to coffee that "the general atmosphere refers to anticipate the return of rising oil prices (by more than the official return of recovery within 3-6 months), which means (according to the ideas of officials) the possibility of reviewing the overall expenditure and deficit depending on the increase in the projected revenues," pointing out that the "What happened in the budget, not economic reform as it is reducing landing will be abandoned after the rise in oil prices, and that means we did not do what is needed for the benefit of the economy."
Former first
The head of the House of Representatives, Salim al in the wake of the vote on the budget items that "Iraq admits for the first time the financial budget in the first month of the fiscal year since the fall of the former regime in 2003, and over the past few years when Iraq was delayed in the adoption of the annual budget because of differences between the political blocs on clauses and aspects of exchange. "
The fall in oil prices to their lowest level since 2009 has put the Iraqi government in a bind because they rely on crude sale revenues to finance about 95 percent of the budget, where the continuous decline of oil prices in recent months, the only obstacle to the adoption of the budget after it reached the Governments of Abadi and the Kurdistan region an agreement on the budget and the export of oil.
The estimated price, which was adopted by the government of the oil initially $ 70 per barrel and then lowered to $ 60 to that adopted the final version of the $ 56 per barrel, according to figures included by the House of Representatives Web site, the budget of 2015 amounting to 119.585 trillion dinars.
Deficit 25.4 trillion dinars
The budget deficit stands at 25.4 trillion dinars. A statement by the Parliament that the deficit would be covered from internal and external borrowing and amounts retained cash in the Ministry of Finance account where budget revenue estimated at $ 94 trillion dinars were calculated revenues from export of crude oil based on the average price of $ 56 dollars per barrel and the rate of export of 3.3 million barrels per day, including 250 thousand barrels per day from the territory of fields in northern Iraq and 300 thousand barrels of oil from the Kirkuk fields.
Political agreement
Parliamentary Finance Committee that considered the adoption of the current year's budget as the second victory after the formation of the government, and indicated that they did not face any problems in the approval because of the great political agreement. He said the members and Chairman of the Finance Committee during a press conference they held at the parliament building that "the approval of the House of Representatives for the current year budget period, this standard is the second victory over terrorism after the formation of the government, was after a comprehensive political agreement."
Allocations of popular crowd
The Commission added that "the budget included the allocation of allowances popular crowd who defend the Iraqi cities and will be converted later to the provisions of the National Guard after its formation," pointing out that "it was also monitoring the amounts to be distributed among the displaced."
Fund for the reconstruction of the affected cities
Finance Committee indicated that the budget "provides for the formation of a higher council for reconstruction and the establishment of a fund for the reconstruction of the affected cities of the existence of" Daash "as well as for the reconstruction of mosques and the environment in order to clean up areas of mines and improvised explosive after the liberation," pointing out that "will be rationing and deputations, cars and other things is necessary and will be installed UNHCR staff before 2010 ".
The head of the Iraqi Council of Representatives Saleem al-Jubouri in a speech followed up (range Press), after the vote on the budget, "It's the first time carried out by the Iraqi Council of Representatives approval of the budget during the first month of this year," describing them as "achievement".
And saw the vote on the budget disagreements and objections from members of the House of Representatives on the voting mechanism session, as declared independent MP in the National Alliance Kazem Sayadi, for withdrawal of allocated for the vote on the financial budget for the current year Act 2015 session of parliament, to protest against the adoption of the Presidency of the parliament manual voting mechanism instead of mail, as he emphasized his refusal to "guardianship", he stressed that the budget the "theft" of the Iraqi people's money.
As head of the House of Representatives decided Saleem al-Jubouri, during the voting session, the vote on the conversion of the federal budget for the country of electronic voting to raise the hands mechanism.
The session witnessed sharp differences between the House of Representatives and the President of the Council on the voting mechanism called al-Jubouri, the opponents resort to the media to express their opinion, the Vice President of the Council, Salim al accused of "arbitrariness" in Parliament Session Manager.
The Council of Representatives, the first on Thursday, its ninth of the second legislative term legislative year, the first to vote on the financial budget for the current year 2015, under the chairmanship of Salim al-Jubouri, and the presence of 260 deputies, after being postponed for one hour at the request of the Finance Committee, as the parliament voted on the budget of $ 424 billion, 825 million and 482 000 dinars, and the Supreme Judicial Council's budget of $ 411 billion, 837 million and 534 000 dinars, High Commissioner for Human Rights of $ 20 billion, 675 million and 807 thousand and 520 dinars.
Some budget items
Article 16
The expansion of the open door of private investment and participation with the private sector by the ministries and departments not related to the Ministry and provincial borders and its terms of reference for this purpose constitutes a supreme committee, that the Council of Ministers issued its own exceptions to the relevant laws instructions.
Article 18
Borrowing from the Agricultural Bank and Bank mortgage and the bank
Industrial interest rate of 2%.
Article 20
A indeterminacy in any leadership positions (Director and above) unless there is a law degree in organizational structure of the ministry, according to the law or to the organization is not related to the Ministry.
B - the abolition of all leadership positions in which the legal text did not respond.
Article 23
First: All Media Commission revenues and Communications in 2013 and 2014 turned into the public treasury of the federal state, after deducting the amount of the expense of its own budget and approved by the Board of Trustees of the Federal Finance Ministry.
Second, the Media Commission and communications compel mobile phone companies pay what it amounts of fines and financial obligations during the first half of 2015.
Article 28
Based reconstruction of areas devastated by terrorism and is funded by grants and international aid fund devoted his initial sum of $ 500 billion dinars.
Article 29
The Federal Minister of Finance issued on behalf of the character of the displaced and support the reconstruction of areas devastated by terrorism and identifies exaggeration in accordance with instructions issued by the Department of Accounting Auditors collected from government departments and allocates revenues to support displaced people and fund the reconstruction of areas devastated by terrorism.
Article 30
Ministries of Electricity and communications and Municipalities and Public Works and the Federal Secretariat of Baghdad is committed to activate the collection of electricity, telephone, water and sewer fees and all other fees provided for under its own laws for the services provided to citizens and businesses and factories and government agencies and the public sector.
Article 33
A: the imposition of sales tax on Kartat mobilization of mobile phone networks and the Internet by 20% of the value of the card and 15% on the purchase of cars and tickets, and 300% on cigarettes and alcoholic beverages.
B: activation of tariff No. 22 of 2010 amended the law and the law of Consumer Protection No. 1 for the year 2010 and the Law on the Protection of Iraqi products No. 11 for the year 2010.
Article 37
For the purpose of the contribution of state employees and the public sector in the face of economic challenges and to support our security forces in securing the war against terrorism requirements are adopted national savings for state employees system and the public sector issued by the Federal Council of Ministers and is committed to the Ministry of Finance to re amounts that have been saved from staff if achieved financial savings.
[You must be registered and logged in to see this link.][/ltr]
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[ltr][rtl]ا[/rtl]Parliamentary Finance describes the 2015 budget as the "most appropriate" and experts assert: taxes borne by the poor [/ltr]
BAGHDAD / Ghazanfar Laibi - Amer Mohi
[ltr] Parliamentary Finance Committee described the federal budget for the year 2015 as the "most appropriate", compared to revenues of the country due to the decline in global oil prices, as promised allocated for national reconciliation "a waste of public money" funds, economists stressed that the spending cuts in the budget, "landing, not a reformer" items, arguing The tax would be borne by the poor and low-income people.
She said the Finance Committee member Magda Tamimi "long", that "the Iraqi Council of Representatives was able to resolve the main outstanding problems that have delayed the adoption of the federal budget law, and of the export of the region's oil, and the problem of the formation of the National Guard, in addition to the custom of national reconciliation money," indicating that " it was agreed that these issues after big efforts made by the members of the Iraqi parliament. "
She Tamimi, saying that "the Finance Committee has done everything it can to take out the budget in this way, because many demands, while financial resources few, especially after the drop in oil prices dramatically," arguing that "the budget in this form are best suited compared few revenue due to lower global oil prices ".
She explained that "the recent agreement whereby assigned to the BSA to be responsible for controlling the export of oil and financial dues to the central government funds," pointing out that "a coalition of Iraqi forces demanded 50 thousand jobs, including for the National Guard, but the agreement was that the ratio is half a percent, according to areas. "
Tamimi pointed out that the "allocated to the reconciliation of funds of the Vice-President of the Republic of Iyad Allawi will be a waste of public money and squandering." She stressed that "the Finance Committee submitted a proposal to keep the staff for saving only in the necessary condition, especially since there are news refers to the rise in oil prices after half the current year, and thus the water return to normal, but if this is not done it, it is possible savings on the staff situation."
For his part, economist said Bassem Jamil Anton in an interview for the "long", that "the adoption of the budget under these conditions suffered by the Iraqi economy as a result of lower oil prices is a good thing, but the budget bill, which a lot of problems, especially with the presence of a large deficit 25.4 trillion dinars. "
Taxes on the poor
He Anton said, "was supposed to not include the budget laws take from the shoulders of the citizen, as the imposition of taxes on Internet calls and other affects a lot of the poor, especially since 30% of Iraqis live below the poverty line."
Budget neglected the private sector
He explained that "the general budget did not support the private sector, with the knowledge that Iraq needs to diversify its sources of income, and must rely on other income in addition to oil," pointing to "give money operating budget on investment reverse, but could be the investment side running in case prices increased Oil in the coming months. "
No laws of the industrial sector
I am surprised at the expert from the "non-inclusion of important laws pertaining to industrial reality, especially after many of the development of this important sector, which has suffered in the past years, claims", calling on the Iraqi government to "pay attention to the industrial sector in the event of rising oil prices."
Expectations of significant changes
He wrote economist Maytham coffee in his on "Facebook", "One of the important budget paragraphs are CBI compel the sale of $ 75 million a day, (the approximate average half of what sells now," noting that "this is going to happen significant changes in quantities of imports (decline), the balance of payments (improvement), the price level (high), demand (contraction), work (unemployment), smuggling of funds, money laundering, and also the possibility of the signs of the black market, all of this needs to detail and analysis. "
Abra quality budget is not approved quickly
He adds Laibi that "the adoption of the budget deadlines close is good for the economy and society, but, although the deadline late compared to the ceilings set out to make joints and approval, because the lesson is not the adoption of the budget itself, but also the quality of the budget, which is significantly low."
Pro forma budget!
There is almost frustrating (no difference) by the government on the adoption of the budget in any level of expenditure and income and at any level of disability and whatever financed roads, and the evidence that the Prime Minister Haider al-Abadi, did not agree on a budget for the government returned and asked the parliamentary committees would have to do instead and this gives us the impression that this budget formality and that the launch of the total exchange is more preoccupied the government to implement its obligations without considering the details like something has no hand in it, and this is contrary to reality, as the supposedly knowledgeable Pt_khasasatha and best able to determine which expenses can be reduced or kept. " .
Reduce expenses landing and not a reformer
He continues to coffee that "the general atmosphere refers to anticipate the return of rising oil prices (by more than the official return of recovery within 3-6 months), which means (according to the ideas of officials) the possibility of reviewing the overall expenditure and deficit depending on the increase in the projected revenues," pointing out that the "What happened in the budget, not economic reform as it is reducing landing will be abandoned after the rise in oil prices, and that means we did not do what is needed for the benefit of the economy."
Former first
The head of the House of Representatives, Salim al in the wake of the vote on the budget items that "Iraq admits for the first time the financial budget in the first month of the fiscal year since the fall of the former regime in 2003, and over the past few years when Iraq was delayed in the adoption of the annual budget because of differences between the political blocs on clauses and aspects of exchange. "
The fall in oil prices to their lowest level since 2009 has put the Iraqi government in a bind because they rely on crude sale revenues to finance about 95 percent of the budget, where the continuous decline of oil prices in recent months, the only obstacle to the adoption of the budget after it reached the Governments of Abadi and the Kurdistan region an agreement on the budget and the export of oil.
The estimated price, which was adopted by the government of the oil initially $ 70 per barrel and then lowered to $ 60 to that adopted the final version of the $ 56 per barrel, according to figures included by the House of Representatives Web site, the budget of 2015 amounting to 119.585 trillion dinars.
Deficit 25.4 trillion dinars
The budget deficit stands at 25.4 trillion dinars. A statement by the Parliament that the deficit would be covered from internal and external borrowing and amounts retained cash in the Ministry of Finance account where budget revenue estimated at $ 94 trillion dinars were calculated revenues from export of crude oil based on the average price of $ 56 dollars per barrel and the rate of export of 3.3 million barrels per day, including 250 thousand barrels per day from the territory of fields in northern Iraq and 300 thousand barrels of oil from the Kirkuk fields.
Political agreement
Parliamentary Finance Committee that considered the adoption of the current year's budget as the second victory after the formation of the government, and indicated that they did not face any problems in the approval because of the great political agreement. He said the members and Chairman of the Finance Committee during a press conference they held at the parliament building that "the approval of the House of Representatives for the current year budget period, this standard is the second victory over terrorism after the formation of the government, was after a comprehensive political agreement."
Allocations of popular crowd
The Commission added that "the budget included the allocation of allowances popular crowd who defend the Iraqi cities and will be converted later to the provisions of the National Guard after its formation," pointing out that "it was also monitoring the amounts to be distributed among the displaced."
Fund for the reconstruction of the affected cities
Finance Committee indicated that the budget "provides for the formation of a higher council for reconstruction and the establishment of a fund for the reconstruction of the affected cities of the existence of" Daash "as well as for the reconstruction of mosques and the environment in order to clean up areas of mines and improvised explosive after the liberation," pointing out that "will be rationing and deputations, cars and other things is necessary and will be installed UNHCR staff before 2010 ".
The head of the Iraqi Council of Representatives Saleem al-Jubouri in a speech followed up (range Press), after the vote on the budget, "It's the first time carried out by the Iraqi Council of Representatives approval of the budget during the first month of this year," describing them as "achievement".
And saw the vote on the budget disagreements and objections from members of the House of Representatives on the voting mechanism session, as declared independent MP in the National Alliance Kazem Sayadi, for withdrawal of allocated for the vote on the financial budget for the current year Act 2015 session of parliament, to protest against the adoption of the Presidency of the parliament manual voting mechanism instead of mail, as he emphasized his refusal to "guardianship", he stressed that the budget the "theft" of the Iraqi people's money.
As head of the House of Representatives decided Saleem al-Jubouri, during the voting session, the vote on the conversion of the federal budget for the country of electronic voting to raise the hands mechanism.
The session witnessed sharp differences between the House of Representatives and the President of the Council on the voting mechanism called al-Jubouri, the opponents resort to the media to express their opinion, the Vice President of the Council, Salim al accused of "arbitrariness" in Parliament Session Manager.
The Council of Representatives, the first on Thursday, its ninth of the second legislative term legislative year, the first to vote on the financial budget for the current year 2015, under the chairmanship of Salim al-Jubouri, and the presence of 260 deputies, after being postponed for one hour at the request of the Finance Committee, as the parliament voted on the budget of $ 424 billion, 825 million and 482 000 dinars, and the Supreme Judicial Council's budget of $ 411 billion, 837 million and 534 000 dinars, High Commissioner for Human Rights of $ 20 billion, 675 million and 807 thousand and 520 dinars.
Some budget items
Article 16
The expansion of the open door of private investment and participation with the private sector by the ministries and departments not related to the Ministry and provincial borders and its terms of reference for this purpose constitutes a supreme committee, that the Council of Ministers issued its own exceptions to the relevant laws instructions.
Article 18
Borrowing from the Agricultural Bank and Bank mortgage and the bank
Industrial interest rate of 2%.
Article 20
A indeterminacy in any leadership positions (Director and above) unless there is a law degree in organizational structure of the ministry, according to the law or to the organization is not related to the Ministry.
B - the abolition of all leadership positions in which the legal text did not respond.
Article 23
First: All Media Commission revenues and Communications in 2013 and 2014 turned into the public treasury of the federal state, after deducting the amount of the expense of its own budget and approved by the Board of Trustees of the Federal Finance Ministry.
Second, the Media Commission and communications compel mobile phone companies pay what it amounts of fines and financial obligations during the first half of 2015.
Article 28
Based reconstruction of areas devastated by terrorism and is funded by grants and international aid fund devoted his initial sum of $ 500 billion dinars.
Article 29
The Federal Minister of Finance issued on behalf of the character of the displaced and support the reconstruction of areas devastated by terrorism and identifies exaggeration in accordance with instructions issued by the Department of Accounting Auditors collected from government departments and allocates revenues to support displaced people and fund the reconstruction of areas devastated by terrorism.
Article 30
Ministries of Electricity and communications and Municipalities and Public Works and the Federal Secretariat of Baghdad is committed to activate the collection of electricity, telephone, water and sewer fees and all other fees provided for under its own laws for the services provided to citizens and businesses and factories and government agencies and the public sector.
Article 33
A: the imposition of sales tax on Kartat mobilization of mobile phone networks and the Internet by 20% of the value of the card and 15% on the purchase of cars and tickets, and 300% on cigarettes and alcoholic beverages.
B: activation of tariff No. 22 of 2010 amended the law and the law of Consumer Protection No. 1 for the year 2010 and the Law on the Protection of Iraqi products No. 11 for the year 2010.
Article 37
For the purpose of the contribution of state employees and the public sector in the face of economic challenges and to support our security forces in securing the war against terrorism requirements are adopted national savings for state employees system and the public sector issued by the Federal Council of Ministers and is committed to the Ministry of Finance to re amounts that have been saved from staff if achieved financial savings.
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» Iraq 10-Year Review: Spending, Imports, Unemployment in 2024 at ‘Highest Level’ in a Decade
Yesterday at 3:52 am by Rocky
» Call to all smokers in Iraq: Prepare for the law
Yesterday at 3:50 am by Rocky
» utube 11/11/24 MM&C News Reporting-IRAQ-USA-Financial Inclusion up 48%-Money Inside & Out of Iraq
Thu 14 Nov 2024, 5:16 am by Rocky
» Al-Mandlawi to the UN envoy: The supreme authority diagnosed the problems and provided solutions for
Thu 14 Nov 2024, 5:15 am by Rocky
» Saleh: Government strategy to boost gold reserves as part of asset diversification
Thu 14 Nov 2024, 5:14 am by Rocky
» Prime Minister's advisor rules out oil price collapse: Trump's policy will not sacrifice petrodollar
Thu 14 Nov 2024, 5:09 am by Rocky
» Tripartite alliance between Iraq, Egypt and Jordan to boost maritime trade
Thu 14 Nov 2024, 5:06 am by Rocky
» Parliamentary Committee reveals date of entry into force of Personal Status Law
Thu 14 Nov 2024, 5:03 am by Rocky
» Al-Fatah warns against US blackmail and Trump's intentions for the next stage
Thu 14 Nov 2024, 5:02 am by Rocky
» A leader in the law: If the Americans do not leave on their own two feet, we will expel them in fune
Thu 14 Nov 2024, 5:00 am by Rocky
» MP: Next Sunday's session will witness the passing of "important laws"
Thu 14 Nov 2024, 4:59 am by Rocky
» There is a financial aspect.. Al-Zaidi rules out voting on the real estate law
Thu 14 Nov 2024, 4:57 am by Rocky
» "Promising" economic opportunities in central Iraq open doors to investment, trade and unemployment
Thu 14 Nov 2024, 4:55 am by Rocky
» Minister of Transport: Arab interest in the development road project
Thu 14 Nov 2024, 4:53 am by Rocky
» Bitcoin Fails to Maintain Its Meteoric Rise
Thu 14 Nov 2024, 4:51 am by Rocky
» Amending the retirement age on the parliament's table.. This is the latest that has been reached
Thu 14 Nov 2024, 4:50 am by Rocky
» Launching the Health Unit Initiative in Iraqi Schools
Thu 14 Nov 2024, 4:49 am by Rocky
» Will Iraq be the savior of the countries of the region if oil prices fall?
Thu 14 Nov 2024, 4:48 am by Rocky
» Regarding electrical energy.. Government moves to meet the needs of next summer
Thu 14 Nov 2024, 4:47 am by Rocky
» {Retirement age} sparks debate in parliament
Thu 14 Nov 2024, 4:46 am by Rocky
» Minister of Transport to {Sabah}: Arab interest in the development road project
Thu 14 Nov 2024, 4:45 am by Rocky
» Planning: Two important pre-census activities start today and tomorrow
Thu 14 Nov 2024, 4:43 am by Rocky
» Next week.. contracting with 2500 applicants on a {contract} basis
Thu 14 Nov 2024, 4:42 am by Rocky