Iraqi News Saturday AM 1-23-21
Iraqi News Saturday AM 1-23-21
TLM724 Administrator BondLady’s Corner
Parliamentary Finance Confirms The Dollar Exchange Rate Remained In The Budget, The Size Of The Budget Deficit Will Not Remain 71 Trillion Dinars
8 hours ago Iraq
The reporter of the Parliamentary Finance Committee, Representative Ahmed Al-Saffar, confirmed today, Saturday, January 23, 2021, that the size of the budget deficit will not remain 71 trillion dinars, while a member of the Finance Committee, Representative Jamal Cougar, said,
"The Finance Committee is continuing its discussions on the 2021 budget, which has become almost finished. And it began to finalize it, "stressing that" the dollar exchange rate against the dinar has remained constant in the budget. "
Al-Saffar indicated, in a press statement, that "Parliamentary Finance is serious about making changes to the budget in line with the current situation of the country." It will enable the government to maximize revenues. "
Al-Saffar added that "the size of the budget deficit will be reduced and will not remain 71 trillion dinars, and that the change will extend to even the price of oil according to which the budget was calculated," indicating that "the committee is serious about making changes to the budget in line with the current situation of the country, in a way that achieves the best use or exploitation." For public revenues. "
The committee’s rapporteur continued, “There are some points of contention and some points that need to be repeated hosting because the committee needs to know some spending units and needs more information so that the committee can accurately determine the amounts that these units need,” noting that “the committee does not need more. From ten days or two weeks to reach a final budget study. "
Al-Saffar explained that, "With regard to the region’s share, tomorrow, Saturday, to host the region’s delegation from the Finance Committee and reach a consensus text, because the current text will undergo many changes and there are points of contention for the distribution of spending to the provinces," noting that "there is no equity in distribution."
Or perhaps it needs redress for some of the affected and devastated governorates that suffer from deprivation and an increase in poverty, and these points will be decided next week. "
As for a member of the Parliamentary Finance Committee, Jamal Cougar, revealed the latest developments regarding the 2021 budget, stressing that "the committee headed regarding the paragraph of deductions from the salaries of employees to the income tax option, which came with most votes based on Law 113," noting that "the committee tended towards raising the price of a barrel." Oil ranges from $ 42 to $ 45, and this will cost the state more than 5 trillion dinars. "
He added that "changing the emergency reserve from 500 billion dinars to 150 billion," stressing that "the Finance Committee continues discussions on the budget that has become almost completed and has begun to finalize it," noting that "the biggest problem in the budget is the region’s share that may be resolved today with the arrival of A delegation from the region to Baghdad. "
The deputy said, "The committee will host today a delegation of manufacturers and economists, and tomorrow, Sunday, it will host the governors to determine the budget for developing regions and provinces."
A member of the Parliamentary Finance Committee, Representative Ahmad Hama Haji Rashid , said in a press statement, on Friday (January 22, 2021), that "the Finance Committee has reached the ends to raise the Budget Law to the House of Representatives for a vote," noting that "the vote will be made." On the budget within the committee during the two weeks or next week. "
https://www.radionawa.com/all-detail.aspx?jimare=23196
Financial Committee: The Budget Will Be Ready At The End Of This Week
Political| 02:58 - 01/23/2021 Baghdad - Mawazine News
The Parliamentary Finance Committee confirmed, on Saturday, that the draft federal budget law for 2021 will be ready this week, while indicating the continuation of discussions on the budget.
A member of the committee, Representative Sherwan Mirza, said, "The Finance Committee continues to discuss the draft federal budget law for 2021 with the relevant ministries and government agencies."
He added, "The Finance Committee has a meeting today with representatives of the private sector and academics, and tomorrow, Sunday, we have another meeting with governors to discuss the provincial allocations in the budget."
And, he stated, "The Finance Committee holds daily meetings with government agencies," stressing that "the committee has received all observations and proposals on the budget."
And, and that "the Finance Committee will begin to amend the budget and I think that the draft law will be ready for voting at the end of this week." https://www.mawazin.net/Details.aspx?jimare=138982
Deputy: The Amendments Included More Than 10 Chapters In The 2021 Budget
09:17 - 23/01/2021 Information / Baghdad Member of Parliament, Mudhar Al-Karawi, confirmed, on Saturday, that the amendments included more than 10 chapters in the 2021 budget, indicating that the committee is continuing to make changes.
"The Parliamentary Finance Committee continues to conduct its evaluation of the contents of the chapters of the 2021 budget by holding extensive meetings with ministries and government agencies," Al-Karawi said in a statement to Al-Maalouma.
Al-Karawi added, "10 chapters in the 2021 budget have been modified so far in terms of spending, and perhaps other adjustments will be made in the coming days, stressing that the budget file has been largely resolved by studying its details and sections." He expected that "the reduction in spending will be large and may reach 40 trillion." Dinar".
He continued, "The file of deduction from the salaries of the employees there is a rejection of it, but with flexibility regarding the file of deduction for the higher ranks and the three presidencies," stressing that "there are different proposals about the matter, but in general there is a rejection about deducting the salaries of simple employees." https://www.almaalomah.com/2021/01/23/516707/
Know The Exchange Rates Of The Dollar For Today
Time: 01/23/2021 10:18:44 Read: 9,321 times {Baghdad: Al Furat News} Today, the exchange rates of the dollar have stabilized. Prices are reached Baghdad - the price in the Al-Kifah Stock Exchange
145,500 The price in exchange {approximate} 145,000 146,000
Najaf / Bursa 145,650 Sulaymaniyah / Stock Exchange 145,500 Basra / Bursa 145,400 Mosul / Wholesale 145,500 Diyala / Wholesale 145,750 LINK
Oil: Our Exports Exceeded Two Billion Barrels In 2020, And These Companies Are The Most Buying
Time: 01/23/2021 13:46:03 Read: 1,924 times (Baghdad: Al Furat News) Today, Saturday, the Ministry of Oil announced that the country's oil exports during the past year amounted to more than one billion barrels, while indicating that Chinese and Indian companies were the most buyers of oil.
In a press release, she stated that "the total oil exports for the year 2020 amounted to one billion 96 million and 345 thousand barrels, at a monthly export rate of 91 million and 362 thousand barrels, and a daily average of 2 million and 362 thousand barrels."
She added, "Chinese and Indian oil companies were the most buyers of Iraqi oil, followed by American companies."
The Iraqi Ministry of Oil indicated that "the revenues generated from crude oil sales amounted to 41 billion and 755 million dollars, at a rate of 3 billion and 479 million dollars per month, as the average monthly price of crude oil reached 38 dollars and 86 cents per barrel."
She emphasized, "The total exports from the oil fields in Basra and central Iraq, exported through the ports of Basra, amounted to one billion and 60 million and 454 thousand barrels, with revenues of 40 billion and 488 million dollars."
The ministry indicated that "the total exported quantities from the oil fields in Kirkuk (northern Iraq) through the Turkish port of Ceyhan amounted to 33 million and 8 thousand barrels, with revenues of one billion and 196 million dollars, while the total exports from the Qayyarah field reached 617 million and 894 thousand barrels, with revenues It amounted to 12 million and 765 thousand dollars. "
And she continued, "The total oil exports to Jordan amounted to two million and 265 thousand barrels, with revenues amounting to 58 million and 381 thousand dollars." LINK
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