BondLady’s Corner

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Iraqi News Sunday AM 2-7-21

TLM724 Administrator BondLady’s Corner

Parliamentary Finance: We Have Amended 85% Of The Budget

Pratha News Agency13 2021-02-07   On Sunday, the Parliamentary Finance Committee announced the amendment of 41 paragraphs of the budget during 42 meetings during which it hosted 165 government officials and experts “due to the many inaccuracies in the budget.”

A member of the Finance Committee, Jamal Cougar, said in a press interview that “the budget sent by the government is devoid of any realism and its unanimous harm directed towards the citizen.”

He added that “the large number of amendments to it have turned it into a second budget,” noting that “41 paragraphs in the budget have been amended, equivalent to more than 85 percent of them.”

Cougar explained that “the committee conducted 165 hosting of government officials, including ministers, governors, heads of bodies and others, and experts to complete the amendments and discussions on the budget during 42 committee meetings and four parliamentary sessions to emerge as follows.” http://burathanews.com/arabic/economic/385955

Parliamentary Finance Discusses The 2021 Budget In The Presence Of The Prime Minister

07/02/2021  The Financial Committee was held, headed by Deputy Dr. Haitham Al-Jubouri, Chairman of the Committee, and the presence of the ladies and gentlemen of the members, on Sunday 7/2/2021, its forty-second meeting to discuss the draft federal budget bill for the year 2021, in the presence of the Prime Minister, Mr. Mustafa Al-Kazemi, the ministers of finance, planning, oil, housing, construction, municipalities, works and the Secretary General of the Council of Ministers .

The head of the committee, Dr. Haytham al-Jubouri said that working on the budget was on five main axes, namely, reducing the deficit rate and reducing expenditures in a scientifically thoughtful way, and after a thorough study that came after a meeting with most of the ministers and holding approximately 302 hosting at various levels, as well as maximizing oil and non-oil revenues.

The Finance Committee explained that the budget that came from the government was absent from the economic character and took into account the financial aspect only, so the committee rewrote the budget strategy and made fundamental changes in it to ensure treatment of the private sector and take bold steps in this aspect and support the industrial, agricultural and real estate banks, as the budget contained A great devotion to centralization, so the committee worked to lift these restrictions.

For his part, the Prime Minister praised the committee’s effort as it continues to work on discussing the budget, affirming his support for the committee, as it faces a historical responsibility that rests with it and the pressure it is subjected to until the law that the Iraqi street awaits is approved.

The interventions of the ladies and gentlemen of the committee members focused on the importance of its direct supervision of the implementation of the budget to ensure its implementation in accordance with the vision it adopted and not to disrupt some paragraphs. It also took into account the development of the Iraqi economy and support its arms, including the private sector, industry and agriculture, as well as the need to work in an integrative manner between the legislative and executive authorities and thinking outside The fund, with economic dimensions, transforms government institutions from consumers who burden the public treasury to productive ones.   Media   Department Parliament,7 February 2021  LINK

Prime Minister Mustafa Al-Kazemi Holds A Meeting With The Parliamentary Finance Committee

The Prime Minister, Mr. Mustafa Al-Kazemi, held a meeting today, Sunday, with members of the Parliamentary Finance Committee, during which the federal budget for 2021 was discussed, and the joint cooperation between the executive and legislative authorities was continued, with the aim of expediting its approval.

The Prime Minister affirmed that the financial budget that the government sent its draft earlier aims at financial and economic reform and support for vital sectors, which would address a large part of the problems of the Iraqi economy that it has been suffering from for decades.

His Excellency also indicated the importance of investing in the recent increase in oil prices in a manner that contributes to reducing the burden on the citizen in the budget copy that is submitted to the vote in Parliament.

He stressed the need to activate the mechanisms of automation and digital dealing, and also to activate the role of the Federal Service Council, in the course of economic reform.

Mr. Al-Kazemi warned, on the necessity of adopting the principle of justice in the distribution of wealth among all regions of Iraq, in accordance with the principles of the constitution, and not to include political disputes in the file of the citizen’s sustenance and the level of services provided to him.

And Mr. Al-Kazemi indicated that the country is currently facing many challenges, and we are working hard to reform the current situation and put the Iraqi economy on the right track, and it comes as an implementation of the government program that the House of Representatives voted on and also included in the government white paper.

It was agreed to intensify the holding of sessions between the executive and legislative authorities, to ensure the approval of a reform budget that preserves the rights of the citizen, and as soon as possible, and that the work of the legislative and executive authorities be complementary, and in the spirit of one team, seeking to advance the historical responsibility, to get the country out of the current situation.

Information Office of the Prime Minister of 7 -February -2021 https://pmo.iq/press2020/7-2-202101.htm

Parliamentary Finance The Government Delivers The New Version Of The 2021 Budget

Pratha News Agency53 2021-02-07  The Parliamentary Finance Committee confirmed, on Sunday, that it has delivered to the government the new version of the draft budget for 2021.

“The committee delivered the new version of the general budget for 2021 to the government,” said Majida Al-Tamimi, a member of the committee, in statements reported by official media.

This morning, the committee held the forty-second session today, in the presence of Prime Minister Mustafa Al-Kazemi, the Ministers of Finance, Planning, Oil, Housing, Construction, Municipalities and Works and the Secretary General of the Council of Ministers.    http://burathanews.com/arabic/news/385946

A Parliamentary Committee Calls For An Adjustment Of The Dinar Exchange To 1,300, And Is Criticizing The Budget Modifications

Pratha News Agency1 2021-02-07  The head of the Parliamentary Committee for Monitoring the Implementation of the Governmental Program and Strategic Planning, Hazem Al-Khalidi, expressed, on Sunday, his surprise at compensating contractors for the increase in the price of the dollar and neglecting the poor, calling for an adjustment of the exchange rate to 1,300 dinars.

Al-Khalidi said, in a statement that “the amendments to the 2021 budget included adding an amount of (500) billion dinars as compensation for what it described as the affected contractors as a result of the difference in the price of the dollar on their activities, and this proposal clearly indicates the emergence of the negative effects of raising the dollar exchange rate in a very short time.” .

He added, “It is surprising that the damage and constriction that will affect millions of Iraqis with limited income and covered by the social welfare network and dependent on the meager daily income is not noticed, and they are the first to care and protect from the harm resulting from raising the exchange rate.”

He called for “restoring the exchange rate to be (1,300) dinars per dollar to protect millions of Iraqis from these repercussions and constricting their standard of living and abolishing Article (56) which provides for the exclusion of the deficit planned in the budget for the year 2021 from the percentage contained in the financial management law in effect, which does not allow the deficit to increase beyond the percentage 3% ؜ of GDP.

And he considered that “it is surprising that the government demands in Article 57 of the Budget Law not to publish the budget execution instructions in the official gazette, which is incompatible with transparency and making information available to supervisory authorities and public opinion.”

http://burathanews.com/arabic/economic/385953

A Parliamentary Committee Demanding The Return Of The Dollar Exchange Rate To 1300 Dinars

Time: 02/07/2021 13:32:25 Read: 3,471 times   {Baghdad: Al Furat News} The head of the government program implementation and strategic planning committee, Hazem Al-Khalidi, called for restoring the exchange rate to be (1,300) dinars to protect citizens from repercussions and restrictions on their standard of living. According to his expression

Al-Khalidi said in a statement that Al-Furat News received a copy of, that “the amendments to the 2021 budget included an addition of (500) billion dinars as compensation for what it described as the affected contractors as a result of the difference in the price of the dollar on their activities.”

He pointed out that “this proposal clearly demonstrates the emergence of the negative effects of raising the exchange rate of the dollar in a very short time, but it is surprising that the damage and constriction that will affect millions of Iraqis with limited income and covered by the social welfare network and dependent on the scarce daily income, and they are the first to care and protection.” Of the harm of raising the exchange rate. “

He continued: “Therefore, we renew our demand to restore the exchange rate to be (1300) dinars per dollar to protect millions of Iraqis from these repercussions and constriction of their standard of living.”

Al-Khalidi called for the “abolition of Article 56 which provides for the exclusion of the deficit planned in the budget for the year 2021 from the percentage mentioned in the enforceable financial management law, which does not allow the deficit to exceed 3% ؜ of the gross domestic product.”

And he added, “It is surprising that the government demands, in Article 57 of the Budget Law, not to publish the budget execution instructions in the official gazette, which is incompatible with transparency and making information available to supervisory authorities and public opinion.”   LINK

The Exchange Rate Of The Dollar Against The Iraqi Dinar In The Local Markets

Economie| 10:07 – 02/07/2021  Baghdad – Mawazine News  publishes / Mawazine News /, the exchange rates of the dollar against the Iraqi dinar, on Sunday (February 7, 2021), in markets and exchange.

the local  The price of the dollar against the Iraqi dinar

Prices of exchange offices:the selling price of the dollar is 146,250,  the purchase price of the dollar is 145,250 https://www.mawazin.net/Details.aspx?jimare=140828

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

Iraqi News Sunday AM 2-7-21

TLM724 Administrator BondLady’s Corner

Parliamentary Finance: We Have Amended 85% Of The Budget

Pratha News Agency13 2021-02-07   On Sunday, the Parliamentary Finance Committee announced the amendment of 41 paragraphs of the budget during 42 meetings during which it hosted 165 government officials and experts “due to the many inaccuracies in the budget.”

A member of the Finance Committee, Jamal Cougar, said in a press interview that “the budget sent by the government is devoid of any realism and its unanimous harm directed towards the citizen.”

He added that “the large number of amendments to it have turned it into a second budget,” noting that “41 paragraphs in the budget have been amended, equivalent to more than 85 percent of them.”

Cougar explained that “the committee conducted 165 hosting of government officials, including ministers, governors, heads of bodies and others, and experts to complete the amendments and discussions on the budget during 42 committee meetings and four parliamentary sessions to emerge as follows.” http://burathanews.com/arabic/economic/385955

Parliamentary Finance Discusses The 2021 Budget In The Presence Of The Prime Minister

07/02/2021  The Financial Committee was held, headed by Deputy Dr. Haitham Al-Jubouri, Chairman of the Committee, and the presence of the ladies and gentlemen of the members, on Sunday 7/2/2021, its forty-second meeting to discuss the draft federal budget bill for the year 2021, in the presence of the Prime Minister, Mr. Mustafa Al-Kazemi, the ministers of finance, planning, oil, housing, construction, municipalities, works and the Secretary General of the Council of Ministers .

The head of the committee, Dr. Haytham al-Jubouri said that working on the budget was on five main axes, namely, reducing the deficit rate and reducing expenditures in a scientifically thoughtful way, and after a thorough study that came after a meeting with most of the ministers and holding approximately 302 hosting at various levels, as well as maximizing oil and non-oil revenues.

The Finance Committee explained that the budget that came from the government was absent from the economic character and took into account the financial aspect only, so the committee rewrote the budget strategy and made fundamental changes in it to ensure treatment of the private sector and take bold steps in this aspect and support the industrial, agricultural and real estate banks, as the budget contained A great devotion to centralization, so the committee worked to lift these restrictions.

For his part, the Prime Minister praised the committee’s effort as it continues to work on discussing the budget, affirming his support for the committee, as it faces a historical responsibility that rests with it and the pressure it is subjected to until the law that the Iraqi street awaits is approved.

The interventions of the ladies and gentlemen of the committee members focused on the importance of its direct supervision of the implementation of the budget to ensure its implementation in accordance with the vision it adopted and not to disrupt some paragraphs. It also took into account the development of the Iraqi economy and support its arms, including the private sector, industry and agriculture, as well as the need to work in an integrative manner between the legislative and executive authorities and thinking outside The fund, with economic dimensions, transforms government institutions from consumers who burden the public treasury to productive ones.   Media   Department Parliament,7 February 2021  LINK

Prime Minister Mustafa Al-Kazemi Holds A Meeting With The Parliamentary Finance Committee

The Prime Minister, Mr. Mustafa Al-Kazemi, held a meeting today, Sunday, with members of the Parliamentary Finance Committee, during which the federal budget for 2021 was discussed, and the joint cooperation between the executive and legislative authorities was continued, with the aim of expediting its approval.

The Prime Minister affirmed that the financial budget that the government sent its draft earlier aims at financial and economic reform and support for vital sectors, which would address a large part of the problems of the Iraqi economy that it has been suffering from for decades.

His Excellency also indicated the importance of investing in the recent increase in oil prices in a manner that contributes to reducing the burden on the citizen in the budget copy that is submitted to the vote in Parliament.

He stressed the need to activate the mechanisms of automation and digital dealing, and also to activate the role of the Federal Service Council, in the course of economic reform.

Mr. Al-Kazemi warned, on the necessity of adopting the principle of justice in the distribution of wealth among all regions of Iraq, in accordance with the principles of the constitution, and not to include political disputes in the file of the citizen’s sustenance and the level of services provided to him.

And Mr. Al-Kazemi indicated that the country is currently facing many challenges, and we are working hard to reform the current situation and put the Iraqi economy on the right track, and it comes as an implementation of the government program that the House of Representatives voted on and also included in the government white paper.

It was agreed to intensify the holding of sessions between the executive and legislative authorities, to ensure the approval of a reform budget that preserves the rights of the citizen, and as soon as possible, and that the work of the legislative and executive authorities be complementary, and in the spirit of one team, seeking to advance the historical responsibility, to get the country out of the current situation.

Information Office of the Prime Minister of 7 -February -2021 https://pmo.iq/press2020/7-2-202101.htm

Parliamentary Finance The Government Delivers The New Version Of The 2021 Budget

Pratha News Agency53 2021-02-07  The Parliamentary Finance Committee confirmed, on Sunday, that it has delivered to the government the new version of the draft budget for 2021.

“The committee delivered the new version of the general budget for 2021 to the government,” said Majida Al-Tamimi, a member of the committee, in statements reported by official media.

This morning, the committee held the forty-second session today, in the presence of Prime Minister Mustafa Al-Kazemi, the Ministers of Finance, Planning, Oil, Housing, Construction, Municipalities and Works and the Secretary General of the Council of Ministers.    http://burathanews.com/arabic/news/385946

A Parliamentary Committee Calls For An Adjustment Of The Dinar Exchange To 1,300, And Is Criticizing The Budget Modifications

Pratha News Agency1 2021-02-07  The head of the Parliamentary Committee for Monitoring the Implementation of the Governmental Program and Strategic Planning, Hazem Al-Khalidi, expressed, on Sunday, his surprise at compensating contractors for the increase in the price of the dollar and neglecting the poor, calling for an adjustment of the exchange rate to 1,300 dinars.

Al-Khalidi said, in a statement that “the amendments to the 2021 budget included adding an amount of (500) billion dinars as compensation for what it described as the affected contractors as a result of the difference in the price of the dollar on their activities, and this proposal clearly indicates the emergence of the negative effects of raising the dollar exchange rate in a very short time.” .

He added, “It is surprising that the damage and constriction that will affect millions of Iraqis with limited income and covered by the social welfare network and dependent on the meager daily income is not noticed, and they are the first to care and protect from the harm resulting from raising the exchange rate.”

He called for “restoring the exchange rate to be (1,300) dinars per dollar to protect millions of Iraqis from these repercussions and constricting their standard of living and abolishing Article (56) which provides for the exclusion of the deficit planned in the budget for the year 2021 from the percentage contained in the financial management law in effect, which does not allow the deficit to increase beyond the percentage 3% ؜ of GDP.

And he considered that “it is surprising that the government demands in Article 57 of the Budget Law not to publish the budget execution instructions in the official gazette, which is incompatible with transparency and making information available to supervisory authorities and public opinion.”

http://burathanews.com/arabic/economic/385953

A Parliamentary Committee Demanding The Return Of The Dollar Exchange Rate To 1300 Dinars

Time: 02/07/2021 13:32:25 Read: 3,471 times   {Baghdad: Al Furat News} The head of the government program implementation and strategic planning committee, Hazem Al-Khalidi, called for restoring the exchange rate to be (1,300) dinars to protect citizens from repercussions and restrictions on their standard of living. According to his expression

Al-Khalidi said in a statement that Al-Furat News received a copy of, that “the amendments to the 2021 budget included an addition of (500) billion dinars as compensation for what it described as the affected contractors as a result of the difference in the price of the dollar on their activities.”

He pointed out that “this proposal clearly demonstrates the emergence of the negative effects of raising the exchange rate of the dollar in a very short time, but it is surprising that the damage and constriction that will affect millions of Iraqis with limited income and covered by the social welfare network and dependent on the scarce daily income, and they are the first to care and protection.” Of the harm of raising the exchange rate. “

He continued: “Therefore, we renew our demand to restore the exchange rate to be (1300) dinars per dollar to protect millions of Iraqis from these repercussions and constriction of their standard of living.”

Al-Khalidi called for the “abolition of Article 56 which provides for the exclusion of the deficit planned in the budget for the year 2021 from the percentage mentioned in the enforceable financial management law, which does not allow the deficit to exceed 3% ؜ of the gross domestic product.”

And he added, “It is surprising that the government demands, in Article 57 of the Budget Law, not to publish the budget execution instructions in the official gazette, which is incompatible with transparency and making information available to supervisory authorities and public opinion.”   LINK

The Exchange Rate Of The Dollar Against The Iraqi Dinar In The Local Markets

Economie| 10:07 – 02/07/2021  Baghdad – Mawazine News  publishes / Mawazine News /, the exchange rates of the dollar against the Iraqi dinar, on Sunday (February 7, 2021), in markets and exchange.

the local  The price of the dollar against the Iraqi dinar

Prices of exchange offices:the selling price of the dollar is 146,250,  the purchase price of the dollar is 145,250 https://www.mawazin.net/Details.aspx?jimare=140828

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/