Tuesday Morning Iraq Economic News Highlights 6-20-23
Tuesday Morning Iraq Economic News Highlights 6-20-23
The Democrat Calls On The President Of The Republic Not To Ratify The Budget
Information/Baghdad.. The Kurdistan Democratic Party called on the President of the Republic, on Tuesday, to refrain from approving the budget law, indicating that he may challenge the budget items before the Federal Supreme Court.
The leader of the party, Wafa Muhammad Karim, said, in a televised interview followed by Al-Maalouma, that "we asked the President of the Republic not to approve the budget, because the changes in the budget were unfair."
He added, "We have entered a new phase of mistrust between the political forces, and what happened in the budget file is an 'intentional ambush'," noting that "the political process is now witnessing a complete lack of trust."
And he continued, "Sending a budget directly to Sulaymaniyah represents a defection, and that the political differences in the region negatively affected the unification of the Kurdish ranks," hinting that his party resorted to "submitting an appeal before the Federal Court on the items of the budget.” LINK
Parliamentary Finance Sets A Time Limit For The Budget To Enter Into Force
Baghdad today – Baghdad Today, Tuesday, the Parliamentary Finance Committee suggested that the President of the Republic would approve the budget law during the month of July.
“The President of the Republic is supposed to ratify the budget law during the current week or the beginning of next week as a maximum, and in the event that it is not ratified, and 15 days have passed since the date it was sent, it is considered ratification of the law, even if it is not ratified according to the law and the constitution.” This What was confirmed by a member of the Finance Committee, Moeen Al-Kazemi, to (Baghdad Today).
He added, "The implementation of the budget law will be at the beginning of next month, after which the government will be able to spend the funds allocated for projects, and the citizen will see a major change in services during the next stage."
He pointed out that "the government, over the past months, was without any financial allocations that would enable it to implement its program."
Earlier, the representative of the Sadikoun Parliamentary Bloc, Zahra Al-Bajari, called on the President of the Republic to expedite the approval of the budget.
Al-Bajari told (Baghdad Al-Youm) that "the budget has been delayed a lot, and the citizen has been waiting for years and not months for approving the budget, since some of the past years did not witness the passing of a budget, and therefore we call on the President of the Republic to expedite the approval of the budget for the purpose of launching job grades and service projects."
Al-Bajari added, "Among the most important projects pending in the budget is financing the completion of the large port of Faw project, and we are pushing quickly to complete it, because it has a great impact on Iraq in general and Basra in particular."
For his part, the President of the Republic, Latif Rashid, said earlier that the Presidency of the Republic received yesterday a copy of the public financial budget, which is still in the process of being studied.
The government is still reviewing the budget to ensure that the amendments that have taken place are not opposed to the government program, while government spokesman Basem Al-Awadi hinted, in press statements, the possibility of appealing some articles. LINK
Parliamentary Finance: Most Of The Articles In The Budget Law Have Been Agreed Upon With The Government
Iraq Today, Tuesday, the Parliamentary Finance Committee confirmed that most of the budget amendments took place in coordination with the ministers, while it identified paragraphs in the budget that the government may object to.
Committee member Mueen Al-Kazemi said, "Most of the articles in the budget law have been agreed upon with the government, and the government can object if the amendments made by the committee and approved by the House of Representatives are not among the powers of the parliament," noting that "the amendments included transfers and reduction of some chapters, which are of the powers of Parliament.
Al-Kadhimi continued, "The government has the right to object to financial burdens if it finds doors or items that include an increase in financial burdens," explaining that "the government may object to the issue of employees who have been increased to 300,000 new degrees, but all other articles have been agreed upon with the government." ".He stated that "many of the amendments that took place in coordination with ministers and heads of agencies." https://kirkuktv.net/AR/Details/15910
Al-Awadi: A Governmental Committee Is Studying Some Of The Budget Paragraphs To Take The Appropriate Decision In This Regard
Political Today, Tuesday, the government spokesman, Basem Al-Awadi, confirmed the existence of a government committee studying some paragraphs of the budget to take the appropriate decision regarding them, while indicating that Iraq, after approving the budget, will turn into a workshop .
Al-Awadi told the Iraqi News Agency (INA), that "the prime minister welcomed the approval of the budget, and these are indications that confirm that the government is convinced of approving the budget, but despite that he left the door open with regard to some paragraphs.
The government may have another position on it through a special committee, the team." The economic team associated with the Prime Minister," pointing out that "the economic team will study these paragraphs and take the appropriate decision from them during the coming period."
He added, "The overall budget that came out of Parliament is good and preserved its philosophy that the government wanted, and there are not many objections to it," noting that "the budget provides the ministries with legal space and funds, and the next six months will be radically different in work and financing."
He stressed that "the priority of the government curriculum is a number of aspects that the Prime Minister insists on implementing and making them among the priorities of government work, which he made the basics of the budget and include providing services, combating poverty, combating unemployment and economic reform,"
noting that "investment projects include many aspects related to housing construction and roads Bridges and others, but the government’s philosophy directs investment towards priorities such as the development road that will transform Iraq into a strategic road and provide hundreds of thousands of job opportunities, in addition to the Al-Nibras project, which is a large project that is supposed to provide one million tons annually of all types of petrochemicals, and it is part of the government’s plan to provide Tens of thousands of jobs.
He continued, "The investment objectives that are related to strengthening the state include strategic projects that aim to fight unemployment and provide job opportunities."
And he continued, "In the past six months, the citizen has felt the government's seriousness in working according to the amount of money that existed before approving the budget, especially with regard to providing services, especially in the Baghdad governorate,"
stressing that "Iraq will turn into a workshop in all governorates, and the prime minister has been waiting for the budget since It will take a long time for it to start implementing actual workshops that advance all governorates, and the next six months will be different in terms of work.” https://www.ina.iq/187887--.html
Government Spokesman: Iraq, After Approving The Budget, Will Turn Into A Workshop
Tuesday 20, June 2023 14:51 | politics Number of readings: 33 Baghdad / NINA / - The government spokesman, Basem Al-Awadi, confirmed the existence of a government committee studying some paragraphs of the budget to take the appropriate decision regarding them, while indicating that Iraq, after approving the budget, will turn into a workshop .
Al-Awadi said to the official agency, “The Sudanese Prime Minister, Muhammad Shia’a, welcomed the approval of the budget, and these are indications that confirm that the government is convinced of approving the budget, but despite that he left the door open with regard to some paragraphs. With the Prime Minister," pointing out that "the economic team will study these paragraphs and take the appropriate decision from them during the coming period."
He added, "The overall budget that came out of Parliament is good and preserved its philosophy that the government wanted, and there are not many objections to it," noting that "the budget provides the ministries with legal space and funds, and the next Six months will be radically different in work and financing.
He stressed that "the priority of the government curriculum is a number of aspects that the Prime Minister insists on implementing and making them among the priorities of government work, which he made the basics of the budget and include providing services, combating poverty, combating unemployment and economic reform,"
noting that "investment projects include many aspects related to housing construction and roads, Bridges and others, but the government's philosophy directs investment towards priorities such as the development road that will transform Iraq into a strategic road and provide hundreds of thousands of job opportunities, in addition to the Al-Nibras project, which is a large project that is supposed to provide one million tons annually of all types of petrochemicals,And it is part of the government's plan to provide tens of thousands of jobs.
He added, "The investment objectives that are related to strengthening the state include strategic projects that aim to fight unemployment and provide job opportunities."
He continued, "In the past six months, the citizen has sensed the government's seriousness in working as much as the funds available before approving the budget, especially with regard to providing services, especially in the Baghdad governorate," stressing that "Iraq will turn into a workshop in all governorates, and the prime minister has been waiting for the budget for some time.”
Long until he starts implementing actual workshops that promote all governorates, and the next six months will be different in terms of work https://ninanews-com.translate.goog/Website/News/Details?key=1060631&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en
Government Spokesman: A Government Committee Studies Some Of The Budget Paragraphs To Take The Appropriate Decision In This Regard
Iraq 14:30 - 2023-06-20 GovernToday, Tuesday, the government spokesman, Basem Al-Awadi, confirmed the existence of a government committee studying some paragraphs of the budget to take the appropriate decision regarding them, while indicating that Iraq, after approving the budget, will turn into a workshop.
Al-Awadi said, "The prime minister welcomed the approval of the budget, and these are indications that confirm that the government is convinced of approving the budget, but despite that, he left the door open with regard to some paragraphs.
The government may have another position on it through a special committee, the economic team associated with the prime minister." Pointing out that "the economic team will study these paragraphs and take the appropriate decision from them during the coming period."
He added, "The overall budget that came out of Parliament is good and preserved its philosophy that the government wanted, and there are not many objections to it," noting that "the budget provides the ministries with legal space and funds, and the next six months will be radically different in work and financing."
He stressed that "the priority of the government curriculum is a number of aspects that the Prime Minister insists on implementing and making them among the priorities of government work, which he made the basics of the budget and include providing services, combating poverty, combating unemployment and economic reform,"
noting that "investment projects include many aspects related to housing construction and roads Bridges and others, but the government’s philosophy directs investment towards priorities such as the development road that will transform Iraq into a strategic road and provide hundreds of thousands of job opportunities,
in addition to the Al-Nibras project, which is a large project that is supposed to provide one million tons annually of all types of petrochemicals, and it is part of the government’s plan to provide Tens of thousands of jobs.
He continued, "The investment objectives that are related to strengthening the state include strategic projects that aim to fight unemployment and provide job opportunities."
And he continued, "In the past six months, the citizen has felt the government's seriousness in working according to the amount of money that existed before approving the budget, especially with regard to providing services, especially in the Baghdad governorate,"
stressing that "Iraq will turn into a workshop in all governorates, and the prime minister has been waiting for the budget since It will take a long time for it to start implementing actual workshops that advance all governorates, and the next six months will be different in terms of work.” https://kirkuktv.net/AR/Details/15920