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[ltr]Outline of the budget in 2017 .. austerity, loans and deductions from salaries[/ltr]
[ltr][You must be registered and logged in to see this image.]Baghdad -arac Press October -26: ending the Iraqi Council of Representatives, on Monday, the first reading of the draft budget for public austerity next year , 2017, the content of the text on reducing expenses and deducted from employees ' salaries and reducing the number of diplomats and consulates by a quarter and oil - based foreign loans and revenues to fill the deficit of $ 20 billion ofthe total value amounting to 95 billion dollars.
And it identified the budget price of a barrel of oil at $ 42 to export 3.75 million barrels per day , including a quarter of a million barrels per day from the Kurdistan region which will get 17 percent of the value of the budget.
The text of the draft budget reveals that overall revenues have for the financial year 2017 will amount to $ 75 billion .. The calculated revenues generated from the export of crude oil on the basis of 3.75 million barrels per day , including 250,000 barrels per day of product quantities of crude oil in the Kurdistan region and 300,000 barrels of oil amounts the crude product in Kirkuk province.
$ 20 billion for investment projects
The amount of the budget allocated $ 20 billion for investment projects , including $ 3 billion through foreign loans .. and the amount of half a billion dollars for the reconstruction and development of the regional and provincial projects , including the Kurdistan region. And adopt the budget 5 percent of the crude oil produced revenues in the province and 5 percent of the crude oil revenues refined in refineries conservative and 5 percent of the natural product gas revenue in the province that the choiceto maintain between the choice of a revenue - producing this and to allocate an amount of half a billion dollars as projects to the provinces and territories produced out of those customizations and the governor after the provincial council authentication right to dispose of and use no more than 50 percent of those customizations for the purpose of importing electric energy or the provision of services to maintain and clean them or the cost of treatment for patients outside Iraq or ongoing expenses, according to the needs of the province and be the priority spending areas hardest hit by production and oil refining projects and environmental protection.
Deficit of $ 20 billion
And refers the draft budget that the total budget deficit of about $ 20 billion that the deficit of the external and internal borrowing and amounts retained cash in the Federal Ministry of Finance account covers and the ratio of the expected savings from the increased sale of the source of crude oil prices or increase crude oil exports.
He explains that the deficit would be financed from the assets of the ministries accounts and departments not associated with the Ministry of the State - owned banks and national bonds to the public, bonds, money orders Treasury to government banks .. Add to issue money orders treasury bonds and a national audience and bonds and remittances to government banks deduct the CBI and loans from commercial banks in addition to the borrowing from the World Bank and the international Monetary Fund and the Japanese Agency for international cooperation to support the budget in addition to the issuance of foreign bonds and loans.
There are loans from the Japanese Bank for International Cooperation worth $ 500 million in funding for the Ministry of Electricity projects and a loan of the Islamic Development Bank with $ 800 million to finance projects for the ministries of electricity, Construction and Housing and Municipalities and Public Works, Health, Municipality of Baghdad, higher educationand scientific research .. as well as the agency loan Japan international cooperation's billion and a half billion dollars for the purpose of financing projects for the ministries of oil, Construction and Housing and municipalities and public works, water resources, electricity, industry and minerals, health, communications, transportation, and all of the Ministry of Health and the electricity of the Kurdistan region.
Also the deficit from a loan the German Development Bank $ 600 million to finance the reconstruction of liberated areas projects from terrorism to 2017 .. The loan Italian with $ 160 million for projects each of the ministries of water resources, agriculture .. The US and the loan amount of $ 2.7 billion to finance the needs of the Ministry also let loose defense ... and a loanof the World Bank with $ 500 million to finance projects for the benefit of the Ministry of Electricity, the municipality of Baghdad, Construction and Housing and public municipalities and Ministry of Finance .. The loan British exports Bank on the financing of infrastructure projects in the amount of $ 16 million dollars .. Swedish loan $ 500 million funding for the Ministryof Electricity projects .. In addition to the loan from the two Chinese companies $ 2.5 billion for the purchase of weapons and ammunition in a manner postpaid for both the interior and defense ministries and the Authority popular crowd and a fight against terrorism.
The share of the Kurdistan region
And determine the budget share of the Kurdistan region of 17% of the total actual expenditures which current expenditures and expenses of the investment projects and when an increase or decrease in the total budget add or expenses reduce the shareof the Kurdistan region in proportion to the increase or decrease .. and the allocation of a percentage of the federal Iraqi army ground forces allocations to the Peshmerga forces according to population ratios as part of the Iraqi security system.
Upon the failure of the region to pay federal income withdrawn to the Public Treasury and the Federal Ministry of Finance to deduct the federal quota equivalent to the planned revenue in the federal budget and conducting settlement calculations later. Ifyou do not fulfill any party: the Federal Government, or KRG oil or financial obligations agreed to in the budget , the other party is also bound to fulfilling its obligations or oil was financial.
And re - examined in the share of the Kurdistan region and governorates not organized in a region in the general budget and beyond in light of the results of statistics and the census for the year 2017 and that is in the light of determining the actual amount of the share of the region or province is part of a region in the federal budget for the year 2018 show the difference onthe board Federal Minister for settlement.
Stop the appointments in the departments of State
And prevent the budget recruitment in government departments all the way contract with the possibility of renewal of previous contracts in the event of a need for it .. as well as the appointment in any leadership positions , Director General and older unless there is a law degree at the ministry.
And it provided for the conversion of all the media and communications for 2016 revenues to the public treasury of the federal State expense and by forcing mobile phone companies pay their fines and the amounts and financial obligations during the first half of 2017 and recorded revenue of the state.
And the imposition of an airport tax lump sum of $ 20 per ticket in all Iraqi airports outside travel and restrict revenue to the public treasury.
Trimming
The pressure on the budget projects expenditure and reduce the amounts allocated for fuel and maintenance of vehicles used to reserve , only five cars each and every one of the heads of the three governing bodies and four cars to the Vice - Chairman of the House of Representatives and three cars of the Minister or Badrjtah.
Also allocated two cars for each of the agents ministry and rank shall be fixed from the civilian, military and general managers and rank shall be fixed .. and bears an employee who uses a car from the parking state fuel and maintenance expenses in fullwith the exception of operational cars and farm productivity and ambulances and cars staff transport and security services.
She emphasized reducing external scholarship expenses and accounted very necessary for the purposes and reduce the numberof delegates to 50% identified with the least deployment duration and not to organize any conference outside Iraq.
Reducing diplomats and consulates
And committed the budget the Foreign Ministry to reduce the number of employees of foreign service personnel in missions by at least 25% of the current owners and the ministries of culture and commerce, defense and health , higher education, scientific research and the closure of Attaches or transfer them to the headquarters of embassies and reduce the number of employees working in the attaché at no less than the ratio mentioned above.
And prevented hire private jets from the state treasury on the presidential plane used in the Council of Ministers by the three presidencies and the presidency bears all the cost involved.
Deduction of salaries
And it ordered the deduction of 4.8% of the total salaries and allowances for all state employees and public sector retirees to fill all the needs of the state of the popular crowd and relief to the displaced and other expenses Among the allocations earmarked within the federal budget for the current year.
Kurdistan Regional Government also committed to deduct 4.8% of the total salaries and allowances of all employees and retirees in the province to meet the needs of the region , including the needs of the Peshmerga forces out of the region 's share amounting to 17% included in the federal budget for the current year.
Balancing the popular crowd .. and a fund for the reconstruction of what was destroyed by terrorism
And committed the budget and the Ministry of Finance to open a checking account for the Association of the popular crowd did not mention the value of deposited cash contributions to the body and that is allocated within the budget of the corresponding body the popular crowd.
And he gave the competent minister or the head of the body is related to the Ministry or the Governor or authorized by any of them authority to grant the completed five years actual duration of the job of the staff paid leave my name for five years and be without pay because increased for five years and be counted for the purposes of retirement to be paid arrests pension complete during the duration of the enjoyment of leave and aggregated approval of the President of the Council of Ministers if the employee rank of director general or above.
2017 budget also provided for the creation of a fund for the reconstruction of areas devastated by terrorism and enjoys legal personality and financial and administrative independence and is funded by grants and international aid and allocated to him within the federal budget and organize its work system issued by the Council Wazzra.anthy (1)
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