Monday AM Iraq Economic News Highlights 8-29-22

Monday AM Iraq Economic News Highlights 8-29-22

New Projects In 7 Governorates Within The Food Security Law

Economie| 10:17 - 29/08/2022   Baghdad - Mawazine News, the House of Representatives Services and Reconstruction Committee revealed today, Monday, new projects in 7 governorates from the allocations of the Food Security Law.

The first deputy chairman of the committee, Baqir Al-Saadi, said that "the governorates of Baghdad, Diwaniyah, Muthanna, Babil, Kirkuk and Nineveh, as well as Basra, have been identified to implement projects related to roads, bridges, construction and housing," according to the official newspaper.

Al-Saadi added, "Specific amounts have been allocated to each governorate from the food security project to implement these projects and ensure that they are not accumulated," pointing to "the country's urgent need for such projects and to compensate for the shortfall in them."

He pointed out that "the allocation of one trillion and 350 billion dinars to Baghdad, distributed by 30 percent to the Baghdad Governorate, and 70 percent to the Baghdad Municipality."

He continued, "The committee will follow up the work of projects in those governorates and hold the negligent accountable, in addition to following up on projects that have lagged behind since last year, and the corrupt will be punished."    https://www.mawazin.net/Details.aspx?jimare=203782

Parliamentary Finance Suggests Rejecting A Lawsuit In The Name Of Khashan To Challenge The Food Security Law

Posted On2022-08-29 By Sotaliraq    Baghdad/Bright news   The Parliamentary Finance Committee suggested a response to MP Basem Khashan's appeal against the Emergency Support Law for Food Security and Development, which will be considered by the Federal Supreme Court today, Monday.

According to what was published on the website of the Federal Supreme Court, it will consider today in the second session to appeal the law of emergency support for food security and development based on a lawsuit filed by Representative Basem Khashan.

Khashan had won a lawsuit he had filed earlier against the Council of Ministers, in which he canceled the decision to refer the bill to the House of Representatives, on the grounds that the caretaker government does not have the right to send bills.

In light of this, the House of Representatives legislated the law, but not as a gateway to the government project. Rather, it resorted to submitting its proposal through the Finance Committee.

A member of the Parliamentary Finance Committee, Jamal Cougar, said in a statement to (Al Mada), that "the emergency support law for food security and development has entered into force since the date of its vote in the House of Representatives."

Cougar continued, "The implementation will be in two stages, the first payment is paid directly since the date of the vote, and 14.5 trillion dinars remain, divided into two parts."

He pointed out, "The first part of the remaining amount is also paid with the first payment, and the second part, which is 7.25 trillion dinars, will be within the jurisdiction of the new formed government."

Cougar pointed out that "the law has been implemented and completed, and therefore expectations indicate that the Federal Supreme Court will reject the appeal filed against it by Representative Basem Khashan, on the grounds that the case is not based on the constitution or the law."

For his part, the legal expert, Ali Al-Tamimi, stated in a statement to (Al-Mada), that “the appeal before the Federal Supreme Court of laws is available, but with the availability of the interest and litigation police.”

Al-Tamimi continued, “The laws that involve a financial aspect require the constitution to come from the Council of Ministers,” noting that “the government, as the discharge of daily tasks, cannot send financial projects that carry financial burdens.”

He explained, "The House of Representatives has corrected this and submitted the proposed law from the Finance Committee, and took the government's non-objection to its legislation."

Al-Tamimi believes that “the legislation of the law came in accordance with the public interest and the constitution,” stressing that “the Iraqi constitution stipulates that the parliament represents the Iraqi people, who is the source of powers.”

He noted, "The Federal Supreme Court will work to bring the third party, which is the Council of Ministers, and ask him about his position on the law, whose answer is expected to be not to object to the law, and therefore the fate of the case will be a response."

It is noteworthy that the House of Representatives had voted last June, authorizing the government to finance an account for the Ministry of Finance of 25 trillion dinars to the areas specified by law, most notably the Ministry of Trade, Agriculture and Electricity, as well as supporting projects in the governorates.    LINK

Direction To Cancel The Tax Of Mobile Recharge Cards

Posted On2022-08-29 By Sotaliraq   The Media and Communications Commission announced efforts to abolish the mobile recharge card tax.

The authority has approached a number of authorities to cancel the tax on mobile recharge cards," said the technical assistant to the head of the authority, Muhammad Abdullah Al-Gharbawi.

Al-Gharabawi added, "The financial surplus and the rise in oil prices allow the tax to be canceled, and in light of this, the Ministry of Finance was addressed."

He pointed out, "The authority has clarified its point of view, and we are waiting for our request to be submitted within the 2022 budget or the next budget." LINK

The Federal Government Launches An Electronic Information Service For The Kurdistan Representation And Completes 5,000 Transactions

Posted On2022-08-28 By Sotaliraq    On Sunday, the General Secretariat of the Council of Ministers announced the launch of the electronic information service for the Kurdistan Region Representation in Baghdad, noting that more than 5,000 transactions have been completed within two months.

And the General Secretariat said in a statement that “the National Data Center in the General Secretariat of the Council of Ministers, in cooperation with the representation of the Kurdistan Region of Iraq, launched the electronic inquiries service for the representation, by completing the electronic inquiry page on the official books in the representation, allowing for inquiries and follow-up between the region and the federal government (in both directions). For citizens as well as official departments.”

The statement quoted the Director General of Relations and Follow-up Affairs at the Kurdistan Regional Government’s representation in Baghdad, Bakhtiar Haji Hamad, as saying, “The representation is always keen to provide all services to citizens, including informing them of the results of their transactions with it; Which required the citizen to attend himself to ask directly about it.

Therefore, in order to provide everything that is better, easier and less expensive for citizens, we cooperated with the National Data Center to provide an electronic information service.”

In the same context, the project manager of the document management system for the Kurdistan Region Representative in Iraq, Mazen Jassem, explained that “the idea of ​​the service is the possibility of informing the citizen of the findings of the books in the representation by calling the extension service at the number (5599) from eight in the morning.”

Until twelve o’clock at night, all days of the week, and to provide its workers with the number and date of the transaction in order to obtain the required answer, thus eliminating the need for the citizen to refer to the representative office in Karadat Mariam for the purpose of inquiring about transactions, as was the custom previously.”

[size=45]He added, "Government institutions can also benefit from the aforementioned electronic inquiry page, in order to facilitate their access to information and to follow up on the books issued by them."

[size=45]The statement pointed out that "the National Data Center in the General Secretariat of the Council of Ministers, previously announced the completion of the electronic link between the federal government and the Kurdistan Region through the representation of the regional government in Baghdad, and efforts are still continuing and striving to develop the electronic linkage department between the two sides more and more effectively, The number of transactions completed during the past two months reached more than (5000) transactions.” LINK

Integrity: Forming Committees To Recover Iraq's Money From Abroad

Money and business   Economy News _ Baghdad  Today, Monday, the Integrity Commission announced that most countries did not cooperate with Iraq to recover its money, while indicating the formation of several committees to return those funds from abroad.

The Director General of Recovery in the Commission, Deputy Head of the Iraq Money Recovery Fund, Moataz Faisal Al-Abbasi, said in an interview with the Iraqi News Agency and followed by "Economy News", that "most countries do not cooperate with Iraq, as the countries that have money in their banks do not give it easily and it is a rule General".

Al-Abbasi pointed out, "The Integrity Commission is working to conclude agreements between countries for cooperation, but it collides with legal, judicial or political procedures, depending on the state and its cooperation, and therefore the matter is outside the integrity of the integrity or the Iraqi money recovery fund."

He added, "The Integrity Committee, and in accordance with the conference held in order to recover Iraq's funds abroad, formed many committees," stressing that "coordination is continuing in order to clearly implement the recommendations, and there is a lot of work with those countries."

15 . views   Added 08/29/2022 - 11:20 AM   Update 08/29/2022 - 1:10 PM  

https://economy-news.net/content.php?id=29505

New Reassurance.. Al-Kazemi's Advisor: Salaries Are Not Affected By The Lack Of A Budget

Money and business   Economy News – Baghdad The technical advisor to the Prime Minister, Haitham al-Jubouri, announced, on Sunday, that salaries will not be affected by the existence of the budget or not, while he clarified the possibility of passing a law granting the current government to dispose of the financial surplus.

Al-Jubouri said, "The financial surplus cannot be controlled or spent except by law," noting that "the issue of salaries and commitment to the operational budget and the investment budget has nothing to do with the existence of the budget or not, depending on Article 13 of the Financial Management Law No. 6 of 2019".

Al-Jubouri added in an interview with the official television, "When the budget is not approved, 1/12 of the operational budget will continue to be spent depending on the data of the previous fiscal year, as well as from the investment budget for projects and governorates, depending on the achievement achieved."

He continued, "We demanded in 2020 a law on deficit financing and borrowing, and in 2022 a law on food security, and if the situation continues as it is in 2023, the current government cannot send bills, and it is possible to ask the House of Representatives to approve a law proposal that adds some authority and legal cover for the government to act Some of the financial surplus achieved to increase important expenditures,” he explained, “If there is no legal cover for spending, the government will commit to spending 1/12 of the operational and investment budgets.” 82 views   Added 08/28/2022 - 9:29 PM  Update 08/29/2022 - 11:31 AM https://economy-news.net/content.php?id=29499