More News, Rumors and Opinions Sunday Night 1-10-2021
KTFA:
MilitiaMan: Well deleting zeros is to increase funds is it not? lol ~ IMO it is.. ~ MM
“especially with regard to the chapters that result in deleting and increasing funds."
Samson: Parliament opens a "direct channel" with the government to amend the budget
14:27 - 10/01/2021
The Parliamentary Finance Committee expected, on Sunday, that broad amendments will be made to the draft budget law for the current year in accordance with the powers of the House of Representatives in terms of transfer according to the constitution, while it disclosed the opening of a direct channel between the government and the Finance Committee, especially those related to the chapters that result in deleting and increasing funds.
Member of the committee, Representative Jamal Cougar, said in a statement to "the information", that "the Finance Committee and members of Parliament have many observations and objections to a large number of its paragraphs, and there is no doubt that it will be subject to wide-ranging amendments in accordance with the powers of Parliament approved by the constitution."
Cougar added, "The large number of amendments will need to be reviewed directly with the government, especially those related to adding funds or reducing the fact that Parliament has the authority to transfer only." He ruled out "restoring the budget to the government and replacing it with opening a direct channel between the government and the Finance Committee, especially with regard to the chapters that result in deleting and increasing funds."
The MP for the State of Law coalition, Alia Nassif, revealed in a previous statement to "the information", the existence of parliamentary intentions to return the draft budget bill to the government.
TNT:
Tishwash: Parliamentary Finance determines the changes it will make in the 2021 budget: changing the price of a barrel of oil to $56
On Sunday 10 January 2021, the Finance Committee in Parliament identified the changes to be made in the country’s federal budget for the year 2021, after the first reading that Parliament completed on Saturday, for the draft budget law, while confirming the initiation of changes and amendments starting this week.
Committee reporter Ahmed Al-Saffar said in a press statement followed by Al-Masalla that the meeting of the Finance Committee that preceded the parliamentary session was deliberative to review some paragraphs and items of the federal budget for 2021, stressing that all changes to the draft budget will be in consultation with the government.
Al-Saffar added that our changes will be in agreement with the government, in order to rectify any dispute or problem that may arise between the executive and legislative authorities, indicating that the Finance Committee will proceed with its changes and discuss the origin of the law, and it will be this week.
He pointed out that the changes that the Finance Committee will undertake is to change the price of a barrel of oil after it rose from $ 42 to $ 56 per barrel, adding that one of the most important problems and issues that we will work to change is the problem of the budget deficit.
Al-Saffar confirmed that the House of Representatives will try to accelerate the legislation of the budget law due to the current circumstances, expecting that passing the law needs a month to complete and vote on it by the House of Representatives after making a number of amendments to it. link
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Courtesy of Dinar Guru
Pimpy Article: "For the second day, the dollar continues to decline against the dinar in Baghdad and Erbil" It's not just an IR or RV you should be counting on. There are other things that can happen to help increase the value of the dinar. That doesn't mean an IR or RV is not going to happen. I never said that. I'm saying there are other things that can help the situation out. And one of those things are what? The purchasing power of the US dollar falling. In other words it's losing its value. There are articles galore saying the dollar is taking a hit. It should not be a surprise we are expecting this sucker to take a hit big time...the Iraqi dinar will go up in value against the U.S. dollar...