More News, Rumors and Opinions Tuesday Afternoon 4-6-2021
TNT:
THE_TNT_TEAM · 5m Good morning TNT. Budget going to the president today and should be recorded in the gazette tomorrow. Then we can have an RV. TNT
CarolBeth: Refresh my memory …..Where does the CBI come in to play?
Yada: After the president has signed it and it is listed in the Gazette,, then they will adjust the RI rate
SusanaC: we check out the gazette tomorrow woohooo!
DesertDawg: Parliament sends the 2021 budget to the Presidency of the Republic for approval (document)
Baghdad – People
On Tuesday, the Presidency of the House of Representatives sent the Federal Budget Law for the fiscal year 2021 to the Presidency of the Republic
According to a document obtained by “people” (April 6, 2021), the General Secretariat of the House of Representatives sent the Federal Budget Law for the fiscal year 2021 to the President of the Republic, Barham Salih, for the purpose of approval.
And the Iraqi Council of Representatives voted, on Wednesday evening, to pass the budget for the current year 2021, after it deleted five of the articles of the law, and added new items.
More: Details of the five deleted articles from the 2021 budget law
The House of Representatives opened, after four o’clock in the afternoon of Wednesday, its special session to vote on the draft budget bill.
The Information Department of the House of Representatives said in a statement that “People” received a copy of it (March 31, 2021), that “Parliament Speaker Muhammad al-Halbousi opened the 46th session of the fourth session of the third legislative year – the first legislative term.”
The media department confirmed that “the number of parliament members present at the session reached 215 deputies.”
According to the statement, “Parliament has begun to vote on the draft federal budget bill for the Republic of Iraq for the year 2021.”
Parliament voted on “Article 1 of the Federal Budget Law of the Republic of Iraq for the year 2021.”
The House of Representatives voted on Article Two of the bill.
Voting was held on Articles Three and Four as well. The fifth Article was also voted on.
The House of Representatives voted on Articles 6, 7, 8, 9 and 10 of the General Budget Law.
Parliament voted on Article Eleven, which includes the share of the Kurdistan region in the budget.
The vote was also held on Articles Twelfth, Thirteenth, Fourteenth and Fifteenth.
He also voted for Articles 16, 17, 18 and 19.
The House of Representatives decided to delete Article XX of the budget law, which provides for imposing an income tax and withholding salaries.
The vote was also held on the twenty-first article regarding the cancellation of the combination of two salaries or more.
Parliament also voted on Articles 22, 23, 24, 25 and 26 of the aforementioned law.
The council voted on Articles 27, 28, 29 and 30.
It also voted on Articles 31, 32, 33, 34, 35, 36, 37.
The parliament voted to delete Article 38 of the budget law on opening the door to investment.
Parliament voted on Articles 39, 40. of the Budget Law.
The House of Representatives decided to postpone the vote on Article 41 of the Budget Law on Agricultural Lands.
The Council also decided to delete Articles 42 and 43 of the General Budget Law.
After that, he voted on Articles 44, 45 and 46. And decided to delete Article 47 of the law.
Also voted on Articles: 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58.
Parliament voted on the new articles added to the general budget law, which relate to exporting goods, aviation authority, delay fines, the price of a barrel of oil, printing books, sorting lands, financial transfers, the parliament’s budget, the budget of the Judicial Council, the budget of the Human Rights Commission, selling land to citizens, ending the positions in the proxy, and voting on a new article. Missing persons from liberated areas, as well as voting on a new article related to the retirement rights of those covered by the amendment of the Unified Pension Law
The House of Representatives re-voted on (Article 1, Paragraph B) of the General Budget Law, in addition to Article 21.
The House of Representatives voted to add a new article instead of Article 41 of the 2021 budget, on which voting was postponed earlier in the session.
The vote on the new article stipulates that “the ministries of finance and agriculture and the governorates and the relevant authorities are obligated to transfer the ownership of the lands donated by people to educational and health institutions on agricultural lands for the purpose of establishing schools and health institutions. The approval of the governor shall be approved to start establishing the project with the presence of the donor’s acknowledgment
Courtesy of Dinar Guru
Frank26 Aren't you impressed, now I know it's not signed but...we have a budget. Do you realize that we've never had a budget since 2003 when we went in there to rescue them. There was no budget. Why? There was no need. Why? There was no new rate. Now all of sudden we have a new budget for the very first time. The president is about to sign it. It's about to come in and bring in the white papers. Don't you just find it delicious?
Petra Stopping the auctions...nobody wants to be on the bad side of the equation. I consider it like hot potatoes...You didn't want to be stuck with the hot potato when the music turns off. The banks are feeling the same way. They don't want to be stuck holding that hot potato and they lose on the transaction. They're very very conservative. IOO they are being very wise in holding off on those auction until Monday-Tuesday-Wednesday of next week. There's got to be a reason for that. Right now the budget has not formally become law because it has not been signed by the president to our knowledge and it has not gone into the gazette. The president has between 3 and 15 days to sign that budget...we have until the 14th for that event to occur. Again, rate before budget. The rate has to be in that budget before it becomes law. We're in quite a countdown now.
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Dinar updates Iraqi Dinar Guru News Highlights 4/6/21
Apr 6, 2021