More Iraqi News and Highlights Sunday PM 8-16-20
More Iraqi News and Highlights Sunday PM 8-16-20
TLM724 Administrator BondLady’s Corner
The Stability Of The Dollar Exchange Rate In The Local Markets
Market Economy News _ Baghdad The exchange rates of the dollar stabilized in the Iraqi market today, Sunday (August 16, 2020). The Kifah Stock Exchange recorded 123,300 dinars against 100 dollars, while the Al-Harithiya Stock Exchange recorded 123,350 dinars against 100 dollars, the same prices as yesterday, Saturday.
Selling prices in the exchange shops in the local markets in Baghdad:
Selling price: 124,000 dinars for $ 100. Purchase price: 123,000 dinars for $ 100.
Number of observations 16 Date of addendum 08/16/2020 https://economy-news.net/content.php?id=21446
Parliamentary Finance: This Is About The 2021 Budget
Economy Saturday 15 August 2020 | 06:55 pm| Views: 302 A member of the Parliamentary Finance Committee, Sherwan Mirza, confirmed today, Saturday, that no ministerial order regarding the formation of the Federal Reserve Committee for 2021 has reached the House of Representatives .
Mirza said in a press statement, that "consultations are continuing regarding the fiscal budget for 2021, after not approving any budget for the year 2020. "
He added: "The draft financial budget for 2021 did not reach the Parliamentary Finance Committee, stressing that it is under discussion ."
And on the resumption of talks between the Kurdistan region and Baghdad to solve the outstanding problems, he denied knowledge of any new developments. https://aynaliraqnews.com/index.php?aa=news&id22=137422
Planning: The Government Will Send The Draft Budget Law For The Remainder Of 2020
Sunday 16, August 2020 12:26 | EconomicalViews: 114
Baghdad / NINA / Planning Minister Khaled Battal announced that the government will send the draft budget law for the remainder of the year 2020. / End 2 https://ninanews.com/Website/News/Details?key=850142
The Government Intends To Send The 2020 Budget To Parliament
Economy Sunday 16 August 2020 | 03:13 pm| Views: 39 Planning Minister Khaled Battal announced, on Sunday, that the government will send the draft budget for the remainder of 2020 to the House of Representatives .
"The government will send the draft budget law for the remainder of the year 2020, " Battal said in a statement .
Battal added, "The government is obligated to appoint all the cadres to whom the medical graduation law applies, and there is no diligence in that ."
The Secretary-General of the Council of Ministers, Hamid Al-Ghazi, had previously revealed that there was a tendency to approve the current year's budget https://aynaliraqnews.com/index.php?aa=news&id22=137440
Representative Source, "Al-Ahed News": If The Minister Of Finance Did Not Cooperate With Parliament, He Will Be Questioned
Author: Ahad6 On 8/16/2020 - 12:50 PM 133 A representative source in the Parliamentary Finance Committee confirmed that the committee members intend to question the Minister of Finance, Ali Allawi.
The source said, "To Ahd News", "The Minister of Finance does not want to legislate a financial budget for the next year, and refuses to send a budget to the committee, and is not cooperating with it."
He added, "The coming period will witness the questioning of the minister within the House of Representatives." LINK
Reporter Of The Financial Committee "Al-Ahed News": We Do Not Have Any Information About The Government's Financial Position
Author: Ahad6 On 8/16/2020 - 12:31 PM 135 The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed that the committee does not have any information about the government's financial situation.
Al-Saffar said to Al-Ahed News, that "the health situation and the failure of the parliament sessions to take place, led to the government's departure from the House of Representatives, but communication is done through the Internet and social communication."
He added, "The disposal of public money must be in accordance with a legal framework, and the legal framework is budget legislation, indicating that there are periodic electronic meetings of the committee."
Customs ... More Than Two Billion Dinars, The Total Daily Revenues Of The Customs Centers, Yesterday
Sunday, 16 August 2020 2:22 PM Category: Economy and Business
Baghdad / National News Center -The General Authority for Customs announced the total revenues achieved on Saturday at its customs center, which amounted to (2463211000) two billion four hundred sixty-three million and two hundred eleven dinars despite the zero customs duties on a lot of goods and the lack of imports due to the closure of most ports Border due to the Corona pandemic.
The authority said in a statement that, in light of the difficult economic and health conditions that pass through our dear country, its cadres working in all customs directorates and centers continue to actively contribute to standing in aid of their people and their homeland, defying all challenges and obstacles to work to improve their work and achieve the highest revenues.
She added that she contributed to facilitating the entry of thousands of shipments of medicines, medical supplies and foodstuffs around the clock, day and night, with efforts and direct follow-up by the higher management in the authority in order to facilitate the smooth entry of dispatches into the country for basic and foodstuffs, especially human medicines, to deliver them to the consumer in light of the current crisis. https://nnciraq.com/39209/
Baghdad And The Region Agreed To Unify Customs And Ports ... And These Are Its Details
Time: 08/16/2020 15:42:04 Read: 2,379 times {Baghdad: Al Furat News} The Minister of the Kurdistan Region for Negotiation Affairs with Baghdad, Khaled Shawani, announced today, Sunday, that an agreement has been reached between Baghdad and Erbil to unify customs and ports according to federal controls and the budget, and will continue until the approval of the 2021 budget.
Shwani said in a statement, that after a series of visits by the delegation of the Kurdistan region, headed by Qubad Talabani, with the aim of obtaining financial dues for the Kurdistan region and the salaries of employees, and after a number of meetings, and changing the proposals and notes for 12 times, the agreement was announced between the two parties.
He added, "The negotiations witnessed a lot of ebb and flow, and the process was difficult and complicated, and our efforts were seeking to secure the financial rights of the region’s employees and protect the constitutional rights of the Kurdistan region. The agreement will be in effect until the 2021 budget law is approved, starting a new phase of negotiations on the 2021 budget."
He explained that the agreement includes sending 320 billion dinars per month to the Kurdistan region, and it deals with a set of other files such as monitoring, auditing, a mechanism for handling many financial and economic files, and a mechanism for dealing with the revenues of border crossings under the Federal Financial Management Law No. 6 of 2019.
An amount of 320 billion dinars, sent from Baghdad to Erbil, is scheduled to arrive tomorrow, Monday, according to an agreement reached by the Prime Minister, Mustafa Al-Kazemi, and the President of the Kurdistan Regional Government, Masrour Barzani, in a phone call yesterday, to disburse the salaries of Kurdistan Region employees.
A source in the Kurdistan Regional Government stated that the Council of Ministers decided to send this amount to the region tomorrow.
The Ministry of Finance in the Kurdistan region currently has a liquidity of 400 billion to pay salaries, and with the arrival of 320 billion dinars, the total amount will be 720 billion, but it is still not sufficient to disburse salaries in full without deduction, as this costs the government 890 billion dinars.
An informed source in the Council of Ministers of the Kurdistan Region stated that it was decided to advance the date of the weekly session of the Council from Wednesday to tomorrow Monday, in order to accelerate the distribution of salaries for the month of March, and resolve the mechanism that will be followed, whether by keeping the current mechanism represented by deducting 21% of the salaries of employees and 50% for those with special grades Or adopting another mechanism.
Yesterday, Saturday, Masrour Barzani discussed, during a telephone conversation with Prime Minister Mustafa Al-Kazemi, the outstanding issues between Erbil and Baghdad, and it was stressed that the Iraqi constitution should be the basis for resolving all existing disputes or any agreement reached, taking into account the specificity of the Kurdistan region and the public interest of the people. Iraqi.
The two sides also indicated, during the phone call, to proceed with the negotiations and the results achieved in the past months that the delegations of the two parties fought.
On the basis of these understandings and to resolve the issue of those who receive salaries in the region, and based on the current financial situation in Iraq, it was decided that Baghdad would send an amount of 320 billion dinars as part of the salaries to the Kurdistan region as soon as possible, according to a statement issued by the Kurdistan Regional Government.
The two sides also stressed the continuation of negotiations with a view to solving all outstanding problems. LINK
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