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Iraqi News Saturday AM 3-27-21

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Parliament Postpones The Session To Vote On The Budget Until Next Sunday

Pratha News Agency138 2021-03-26  Today, Friday, the House of Representatives decided to postpone the budget voting session from tomorrow, Saturday, to next Sunday.

Parliamentary Finance Discusses “In Detail” The Provisions Of The Budget The Day Before It Is Approved

Time: 03/27/2021 11:24:41 Read: 4,251 times   {Baghdad: Al Furat News} In a meeting with the federal government ministers, the Parliamentary Finance Committee is discussing detailed provisions for the legal articles in the budget.

The Media Department in the House of Representatives stated in a statement that the Euphrates News Agency received a copy of it today that “Deputy Speaker Bashir Khalil Al-Haddad chaired the joint meeting between the Parliamentary Finance Committee with a number of ministers in the federal government that is currently being held at the Rashid Hotel in the center of the capital, Baghdad.” .

She indicated that “the meeting is to discuss and discuss in detail the items and articles of the Federal Budget Law for 2021, which is included in the agenda of the parliament session for tomorrow.”  LINK

Financial Committee: There Is A Will That Does Not Want The Budget To Pass Inside The Parliament

Money  and business  Economy News _ Baghdad  A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed, on Saturday, that there is a will that does not want the budget to pass inside the parliament, while noting that the process is complex and needs several sessions in order to pass the obstacles.

Cougar said in a press interview, “The House of Representatives is now facing a set of crises within the budget that have not been resolved, and there is a will that does not originally want this budget to be passed,” indicating that “there are contradictions in positions on the one hand, there are parties that do not want to pass it, and on the other hand, the budget has been since its inception.” It was full of traps and points of contention over which there was much controversy. ”

Cougar added, “What makes the matter worse is the presence of demands from some in matters that are not from the authority of the House of Representatives, or even from the authority of the Parliamentary Finance Committee, and they cling to their positions that there is no vote on the budget without passing those demands,” pointing out that “the process is complicated and needs to be done.” To several sessions in order to pass the obstacles. ”   Number of observations 94 Date of addendum 3/27/2021

The Dollar Is Stabilizing As The Iraqi Stock Exchange Stops Trading Due To The Curfew

Economy   Saturday 27 March 2021 | 10:35 a.m.| Views: 110  The main stock exchange in the Al-Kifah and Al-Harithi markets in the Iraqi capital, Baghdad, stopped trading on Saturday due to the comprehensive ban that was implemented starting from Friday, and which will continue until tomorrow, Sunday .

A source said that the main stock exchange in the Al-Kifah and Al-Harithiya market in Baghdad has stopped trading due to the implementation of the comprehensive ban .

He added that the selling and buying prices have stabilized in the exchange shops in the local markets, some of which have opened their doors in Baghdad, where the selling price reached 145,000 Iraqi dinars, while the purchase prices reached 144,000 dinars per 100 US dollars .

He pointed out that the stock exchange in Erbil, the capital of the Kurdistan Region, did not witness any trading today either because there is an official holiday there.

The Price Of The Dollar And The Region’s Share … Learn About The Results Of A Ministerial Meeting On The Budget

Political  Saturday 27 March 2021 | 04:43 PM| Views: 107  Deputy Speaker of Parliament Bashir Al-Haddad announced, on Saturday, the results of the parliamentary ministerial meeting that was held at the Al-Rasheed Hotel to discuss the current year’s budget.

Al-Haddad said in a press conference that “during the meeting, a detailed discussion and discussion of the articles and articles of the draft federal budget law for 2021, which are included in the agenda of tomorrow’s session, were also studied, budgets for service ministries and the disbursement sections for service projects in the event that the budget is approved.”

He pointed to “the importance of approving the budget because it affects the general situation and is linked to the work of ministries and service projects and providing job opportunities for young people,” noting “the need to address high prices for food and commodities and find solutions and alternatives to the repercussions of the exchange rate of the Iraqi dinar.”

He continued, ” Al-Haddad called on the political forces to resolve differences to reach a consensus paving the way to pass the law according to legislative procedures and constitutional contexts in a manner that satisfies all parties and components and meets the needs of citizens in all governorates of Iraq.

And on the share of the Kurdistan region, Al-Haddad said, “The Kurdistan Regional Government delegation approved the proposal of the parliamentary blocs approved by the Finance Committee regarding the region’s share of the budget for the year 2021.”

State Of Law Bloc Rejects The Current Exchange Rate And Invites The Finance Committee

Editing date: 3/27/2021 14:43 • 71 read times   [Baghdad-Where]  The parliamentary state of law bloc announced, on Saturday, its rejection of the dollar exchange rate in the budget.

The representative of the bloc in the Finance Committee, Abdul Hadi Al-Saadawi, said in a statement, “The Finance Committee held a meeting this morning in the Rasheed Hotel, in which the ministers of finance, planning, oil, electricity, labor, the minister of commerce and housing and the minister of state participated with the advanced cadres of the ministry.

The meeting discussed the federal budget law and presented us. We objected to the exchange rate, because the devaluation of the dinar caused confusion in the street and high prices that the citizen would bear for us, who expects us to do justice and support. ”

Al-Saadawi confirmed his rejection of “the current price of the dollar set by the government,” calling on the Finance Committee “to return the price as it was previously, and to look to the citizen with the eyes of humanity as he is the first victim of the high prices.”

Al-Tamimi Calls For An Urgent Meeting Between Parliamentary Finance And The Government For This Purpose

A member of the Parliamentary Finance Committee of the Saeron Alliance, Magda Al-Tamimi, called for an urgent meeting between the Finance Committee and the government that includes the ministers of oil, finance, trade, planning, electricity and labor, for the purpose of discussing and finding quick solutions to the economic situation of the Iraqi citizen.

Al-Tamimi stressed in a statement, “the necessity of reviewing the items of the ration ration, in terms of quantity, quality, and doubling it, speeding up its distribution and regularity of its timing, especially the holy month of Ramadan at the gates, and the need to expedite the completion of transactions of inclusion in social care for those to whom the instructions apply and fair inclusion in all governorates.”

“It is important to include people with disabilities, pay their dues and increase their salaries, as it is too low to meet their requirements because the disabled is not able to work to be able to improve their pension status,” she said in a press release.

Al-Tamimi stressed the need for the government to take its role to monitor prices, as it was noticed that the rate of increase in commodity prices in the market is double the rate of increase in the dollar, and this is due to the lack of control of prices by the competent authorities. She explained that it is hoped that the meeting will take place on Saturday.

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