Iraqi News Sunday PM 1-10-21

TLM724 Administrator BondLady’s Corner

The House of Representatives ends the first reading of the budget bill for 2021

01/09/2021  The House of Representatives ended at its thirty - third session , which was held under the chairmanship of Mr. Mohamed Halbusi President of the Council on Saturday , 9/1/2021 for the first reading of the draft law on the federal budget for the fiscal year 2021.

At the outset of The session, a number of deputies denounced the issuance of a decision by the US Treasury Department related to imposing sanctions on the Chairman of the Popular Mobilization Authority, noting the decision taken by the House of Representatives a year ago to vote on the removal of foreign forces from Iraq, including the United States, calling for a position from the three presidencies against the US decision.

For his part, Mr. Al-Halbousi directed each of the Parliamentary Foreign Relations, Security and Defense Committees to follow up the issue with government agencies, especially the Ministry of Foreign Affairs, to inform the House of Representatives about the Iraqi government's position in this regard.

The House of Representatives ended the first reading of the draft Federal Budget Law of the Republic of Iraq for the fiscal year 2021 submitted by the Finance Committee, which aims to frame the financial activities and operations of the ministries and entities not associated with a ministry and the governorates during the fiscal year and to determine the financial revenues, current and investment expenditures and the expected deficit and ways to address them, and to put in place an accurate and transparent mechanism in Distribution of state financial resources.

In the same regard, the Chairman of the Finance Committee indicated that there is a large deficit of more than 44% of the total value of the general budget, and this violates the Financial Management Law, warning of the repercussions of the financial deficit that pushes the government to borrow internally and externally and leads to an increase in the financial burden on the state.

Mr. Hassan Al-Kaabi, First Vice President of the Council, directed during the session that he chaired part of it to discuss the draft federal budget law in a session next Monday.

On the other hand, the general discussions of the women and representatives focused on the demand to amend Article 57 of the Personal Status Law related to child custody and the formation of a parliamentary committee to follow up the files of the Ministry of Oil, especially the licensing rounds, as well as the formation of a committee to follow up the file of the lecturers in Diyala governorate and the payment of the farmers' dues in Wasit governorate for the year 2019 Granting the water quota set for the governorate,

in addition to the demand to ensure the flow of water quotas to the agricultural areas south of Baghdad, the call for fairness to contract holders and the daily procedure within the 2021 Budget Law, and the demand to increase the percentage of those admitted to the police and military colleges from the Turkmen component.   After that, it was decided to adjourn the session to next Monday, 11/1/2021

Information Department   House of Representatives   1/9/2021   LINK

Parliamentary Work Sets A Number Of Conditions For Passing The Budget

Pratha News Agency71 2021-01-10   On Sunday, the Parliamentary Labor and Social Affairs Committee set a number of conditions for passing the federal budget bill for 2021 within the House of Representatives.

Committee member Fadel Jaber said in a press statement that "a number of changes will occur to the draft federal budget law for the current year."

Pointing out that "the budget will not pass without including the two-day procedure and contract holders covered by Resolution 315, as well as the return of those whose contracts have been avoided by the sons of the popular crowd."

He added that "these paragraphs are subject to passing the budget in the House of Representatives," indicating that "the exchange rate of the dollar will not remain fixed, but will be changed during the next sessions."

On social welfare, Jaber asserted that "the work committee is working to expand the area covered by social protection to 50%" of the existing percentage.   http://burathanews.com/arabic/news/384232

The Finance Committee Meets Again To Discuss The 2021 Budget

Political| 12:46 - 10/01/2021  Baghdad - Mawazine News   The Finance Committee in the House of Representatives held, on Sunday, a new meeting to discuss the general federal budget for the fiscal year 2021.

The Media Department stated to Parliament, in a brief statement received / Mawazine News / a copy of it, that “The Finance Committee held a meeting in which the discussion continues The Federal Budget Law for 2021. "

Yesterday, the Parliamentary Finance Committee held a meeting to discuss the 2021 Budget Law, while it indicated a set of basic points in its paragraphs and clauses.

Yesterday, Saturday, the House of Representatives completed the first reading of the general federal budget law for the fiscal year 2021.     https://www.mawazin.net/Details.aspx?jimare=137378

Next Year ... Iraq's GDP Is Expected To Rise By More Than 7 Percent

Economie| 12:29 - 10/01/2021   Follow-up - Mawazine News  The World Bank expected, on Sunday, that the gross domestic product in Iraq will rise to more than 7 percent during the year 2022.

The bank said in its semi-annual report, which was reviewed by (Mawazine News), that "it is expected that the gross domestic product of Iraq will rise to 2%." % In 2021 and to 7.3% in 2022.

The report indicated, that "Iraq's GDP decreased by 9.5% in 2020, after it had increased by 4.4% in 2019."

He added that "Lebanon was the country in the Middle East with the lowest GDP by 19.2%." He expected that the percentage of decline in the GDP of this country will remain by 13.25 in 2021.

"Egypt is the only country that has not affected its GDP in 2020, to increase by 3.6%." % ".

The bank indicated that "economic activity among oil-exporting countries is expected to recover by 1.8% this year, with support for the return of oil demand to normal, the planned mitigation to reduce oil production in OPEC + countries, policy support and the gradual easing of domestic restrictions related to the pandemic." Ended 29 / p4 https://www.mawazin.net/Details.aspx?jimare=137374

The World Bank: Iraq's GDP Will Rise To More Than 7% In 2022

Money  and business    Economy News _ Baghdad  The World Bank expected, on Sunday, that Iraq's GDP will rise to more than 7% during the year 2022, indicating that Egypt is the only country whose GDP has not been affected in 2020.

The bank said in a report seen by "Al-Eqtisad News", that "it is expected that the GDP of Iraq will rise to 2% in 2021 and 7.3% in 2022," noting that "Iraq's GDP decreased by 9.5% in 2020, after It was up by 4.4% in 2019. "

He added, "Lebanon was the country with the lowest GDP rate of 19.2% in the Middle East," expecting the decline in the GDP of this country by 13.25% in 2021.

And that "Egypt is the only country whose GDP has not been affected in 2020, to increase by 3.6%."

The bank indicated that "economic activity among oil-exporting countries is expected to recover by 1.8% this year, with support for the return of oil demand to normal, the planned mitigation to reduce oil production in OPEC + countries, policy support and the gradual easing of domestic restrictions related to the pandemic."

The bank stressed that "the recovery of economic activity in the Middle East depends on containing the pandemic, stabilizing oil prices, not escalating geopolitical tensions again, and assuming vaccines will be distributed in the second half of this year and by 2022."   Number of observations 7

Date added 01/10/2021 https://economy-news.net/content.php?id=23531

Issue (4610) Of The Iraqi Newspaper Al-Waqi’a Issued On 1/4/2021

2021-01-10 12:24:00

1- Law of ratification of the agreement to avoid double taxation and prevent evasion from paying taxes on income and capital between the government of the Republic of Iraq and the government of Hungary No. (18) for the year 2020.

2- Law No. (23) of 2020 for allocating and financing expenditures for the House of Representatives elections.

3- The internal regulations of the Fao General Engineering Company No. (1) of 2020

4- Health Insurance Fund for Ministry of Water Resources employees Decision No. (1) for the year 2020.

Those wishing to acquire the Iraqi factsheet can refer to the Iraqi investigation department located in Salhiya / Haifa Street (Ministry of Justice building), and obtain the required number.   https://www.moj.gov.iq/view.5309/

In Details ... Cabinet Decisions For Saturday

Time: 01/09/2021 21:26:16 Read: 10,114 times  {Baghdad: Al Furat News} Today, Saturday, the Council of Ministers held a regular session headed by the Prime Minister, Mustafa Al-Kazemi, to discuss public affairs and developments in events, as well as the topics on the agenda.

According to the government statement, the Euphrates News received a copy of it, the council listened to "a briefing on developments in combating the Corona pandemic, and the measures that the responsible authorities continue to take and implement."

The council also heard a presentation by the advisor to the prime minister for election affairs, Abdul Hussein al-Hindawi, regarding the progress of preparations for the upcoming elections, the needs of the election commission, the cooperation of ministries and state institutions to facilitate its work, the importance of international monitoring to ensure its integrity and stressing the importance of intensifying efforts to encourage voters to register biometric during the period. Remaining announced by the Independent High Electoral Commission. "

According to the statement, the council considered its agenda and the topics listed on it, and took a number of decisions, namely:

1- Approval of the Ministerial Council’s recommendation for energy, according to what was stated in the Ministry of Electricity’s book No. 511 on January 7, 2021, which included the following:

A- Excluding the chemicals listed in the aforementioned Ministry of Electricity’s book, prepared by the Chinese CMEC company contracting with the Ministry of Electricity, in implementing the Salah al-Din Thermal Power Plant project, from issuing a permit to import and remove the materials from customs upon their arrival at the ports and deliver them to the aforementioned station , Provided that the import license and the required documents are completed later by following up with the General Company for Electric Power Production - Northern Region, with the Ministry of Trade / the Iraqi General Company for Fairs and Commercial Services, within a maximum of 60 working days, and the General Company for Electric Power Production / Northern Region shall bear it. Legal liability in the absence of its commitment to do so.

B - Refer the matter to the legal department in the General Secretariat of the Council of Ministers, for the purpose of expressing an opinion on its inclusion in the agenda of the Council of Ministers, based on the provisions of Article 6 of the internal system of the Council of Ministers.

2- Approval of the draft law on statistics and geographic information systems, which was verified by the State Council and referred to the House of Representatives, based on the provisions of Articles 61 / Clause First and Article 80 Second of the Constitution, taking into consideration the opinion of the General Secretariat of the Council of Ministers, which is confirmed in the relevant legal department memo. The number MD / S / 2/2/281 LQ, dated 10/4/2020, and the remarks of the members of the Council of Ministers during the meeting session.

3- The companies of the Ministry of Oil pay the debts and financial dues owed by them, in favor of the companies of the Ministry of Electricity, and the matters of financial settlements, clearing and pricing of the supplied energy are examined through committees formed for this purpose and terminating their work before 4/1/2021.

4- Approval of the renewal of the work of Cabinet Resolution No. 277 of 2014 for an additional period of 10 years, starting from the date of this decision, provided that its content is amended according to the following:

First / The new rent amounts shall be estimated according to the importance and type of sporting origin, real estate, stadium or hall, the importance of the club, and according to professional standards.

Second / The formation of a central committee headed by the representative of the Ministry of Youth and Sports and the membership of the representative of the Real Estate Registration Department at the Ministry of Justice, and another for the State Real Estate Department in the Ministry of Finance, to determine the rental allowances in accordance with the amended Law of Sale and Rent of State Funds No. 21 of 2013.

Third / Reconsidering previous lease contracts concluded according to the aforementioned cabinet decision, in accordance with the controls mentioned in paragraphs (first and second) above.

Fourth / It is not permissible for the club and the beneficiaries to invest in the lands, buildings and properties of the Ministry of Youth and Sports that it occupies. Rather, the investment, musataha or lease shall be according to a request submitted to the Ministry above, for the purpose of organizing a fundamental contract between the two parties, provided that the lease, musataha or investment is consistent with the objectives The Ministry of Youth and Sports and its orientations, according to designs to be prepared later in line with the architectural nature of the club and the requirements of the Department of Urban Planning in the region.

5- The Minister of Planning, Khaled Battal Al-Najm, is authorized to negotiate and sign a draft scientific and technical cooperation agreement between the government of the Republic of Iraq and the government of the Republic of South Korea, based on the provisions of Article 80 / Article VI of the constitution.

The Ministry of Foreign Affairs prepares the necessary authorization document on behalf of the Government of the Republic of Iraq for the Minister of Planning in accordance with the approved contexts, and submits it to the General Secretariat of the Council of Ministers, in order to obtain the approval of the Prime Minister.

6- Approval of the continuation of the work of Cabinet Resolution 54 of 2020, by the Ministry of Immigration and Displacement in response to the needs of the displaced and returning families from displacement and to relieve their burden, until the Federal Budget Law for the fiscal year / 2021 is issued and its instructions.   LINK

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