Wednesday Afternoon Iraq Economic News Highlights 6-7-23
Wednesday Afternoon Iraq Economic News Highlights 6-7-23
In The Presence Of Al-Sudani, The Framework Agrees To Pass The Budget Tomorrow
Time: 06/07/2023 {Politics: Al-Furat News} A member of the coordination framework revealed the agreement of Prime Minister Muhammad Shia' al-Sudani and the framework forces in a meeting held today to pass the financial budget bill in the parliament session tomorrow, Thursday.
Wael Al-Rikabi told {Euphrates News} agency: "The Sudanese met with the coordination framework, and it was agreed to pass the budget law tomorrow."
He added, "The rate of passing the budget is more than 80%, because there has been agreement and settlement between the Kurdish parties with all other parties, and they are continuing to pass it, especially with emphasis on setting the budget as a single paragraph on tomorrow's agenda."
The House of Representatives set tomorrow, Thursday, a date for voting on the tripartite budget draft.
The session’s agenda included, according to the media department of the parliament, “voting on the draft federal budget law for the years (2023, 2024, 2025). In a surprising statement by the Minister of Finance, Taif
Sami, she said yesterday that the Ministry of Finance will challenge the budget if it is approved and includes a change to the paragraphs included by the government. in the budget. Raghad Daham LINK
Independent Deputies Announce Attendance At Tomorrow's Session: It May Pass Without The Democrat
Time: 06/07/2023 {Politics: Al Furat News} An independent deputy announced that the independent representatives will attend the parliament session tomorrow, Thursday, to vote on the draft financial budget law.
Sahar al-Saadi's phone told {Euphrates News} agency: "Independent deputies will attend a session tomorrow, Thursday, to approve the budget."
He added, "There is an agreement to pass the budget law, but the Kurdistan Democratic Party may put some notes, and if the quorum is complete, the budget will be passed without them."
The House of Representatives set tomorrow, Thursday, a date for voting on the tripartite budget draft.
The session’s agenda included, according to the media department of the parliament, “voting on the draft federal budget law for the years (2023, 2024, 2025). In a surprising statement by the Minister of Finance, Taif
Sami, she said yesterday that the Ministry of Finance will challenge the budget if it is approved and includes a change to the paragraphs included by the government. in the budget. Raghad Daham LINK
Al-Sudanese Is Betting On The Majority To Support The Service Government
Information / Baghdad .. We are only hours away from the date of the voting session on the draft federal budget law, which is the backbone of the work of the National Service Government headed by Muhammad Shia'a al-Sudani by implementing its program in the fullest way.
Passing the 2023 budget bill is considered the most important and complex file because it faced obstacles that Kurdish and Sunni political parties worked to delay its approval, despite the passage of five months of the current fiscal year.
In this regard, the leader of the State of Law Coalition, Jassem Muhammad Jaafar, describes in an interview with Al-Maalouma, that "approving the budget means the start of the most difficult test for the Sudanese government and parliament," pointing out that "the government has no excuse left for implementing its government program that Parliament voted for." ".
Al-Muttalbi pointed out, "The budget law is the most important economic and financial artery for the country, and it will move the wheel of the Iraqi economy through activating the public and private sectors."
For his part, the representative of the Al-Fatah Alliance bloc, Muhammad Al-Baldawi, confirmed in a statement to Al-Maalouma, that “voting on the budget and actually entering it is the real point of initiation for the Sudanese government, which is supported by the forces of state administration."
Al-Baldawi added, “The next stage is an important stage in the history of the political process, and cooperation and coordination between the legislative and executive authorities must be in full swing in order to achieve the public interest, which is the ultimate goal. "
As for the independent politician, Saad Al-Mutalabi, he considered that the approval of the budget will put the government and the political blocs in front of a fait accompli.
Al-Mutalabi said in a statement to Al-Maalouma, that:
He added, "The delay in approving the budget means the absence of stabilizing the state's expenditures and revenues in a deliberate and planned manner, in addition to the fact that a large part of public money remains properly unexploited through the high rate of deflation in the Iraqi markets.
The parliament's agenda included setting a session for tomorrow, Thursday, as a date for holding the voting session on the general budget. LINK
Sudanese Political Advisor Heralds An Important Event Next Thursday
Policy 07/06/2023 Number of readings: 417 Baghdad - Iraq today: Hisham Al-Rikabi, Advisor to the Prime Minister, called on members of the House of Representatives to play their role in voting on the budget next Thursday.
Al-Rikabi said in a blog post, "On Thursday, we will witness the launch of a new phase based on reconstruction and the provision of job opportunities for our Iraqi youth through the approval of the federal budget in Parliament."
He added, "Our great hope is that the people's representatives will play their role in voting on an ambitious budget that seeks to provide a decent life for every Iraqi." LINK
Independent Deputy: We Have Not Received A Copy Of The Budget Yet
Policy 06/07/2023, the number of readings: 168 Baghdad - Iraq today: The independent deputy in the Iraqi Council of Representatives, Hadi Al-Salami, confirmed that the Iraqi parliament representatives will continue their work in order to approve the draft general budget law for the country, indicating that none of the members has received a copy of the draft law so far.
Hadi Al-Salami said, in a press statement, to answer questions posed to them by citizens in Najaf and other provinces in Iraq, that "in the framework of following up on the general budget, which is related to the interests of the Iraqi people, next Thursday has been set as the date for holding the parliamentary session to vote on the draft law."
He added, "None of the members of parliament has yet been handed over a copy of the budget, not even the tables related to it," noting that "the representatives are present in the parliament building from morning until evening for that."
"According to the rules of procedure of the Iraqi Council of Representatives, members of parliament must be handed a copy of the draft budget law and the schedules included in it, for the purpose of reviewing it. The majority of parliamentarians have a positive role in the draft law," al-Salami said.
Al-Salami indicated, "There are violations and abuses that need to be amended in the budget. The Finance Committee has not yet voted on the draft law, and our follow-up continues" of the file. LINK
Uncertainty Surrounds The Date Of The Vote On The Budget
The first 2023/06/06 Shaima Rasheed and Muhannad Abdel-Wahhab
While political and parliamentary statements continue regarding it, the fate of the voting date on the “general budget” has become pending and shrouded in ambiguity until the moment. Between the insistence of influential parties that have their weight in the parliamentary and political body to set a date for the voting session in the House of Representatives, others see The date horizon is still unclear.
Yesterday, Monday, Parliament Speaker Muhammad al-Halbousi met with the Secretary-General of the League of the Righteous, Sheikh Qais al-Khazali, to discuss the need to expedite the passage of the budget.
A statement by the movement stated that "during the meeting, they discussed the latest political developments and what resulted from the discussions within the House of Representatives regarding the articles of the financial budget law, stressing the need to pass the law as soon as possible because of its importance related to the lives of citizens and the completion of development projects in the country."
Meanwhile, the head of the Parliamentary Finance Committee, Atwan Al-Atwani, called on the Presidency of Parliament "to expedite the convening of a special session, to vote on the budget, during the current week."
And the deputy of the State of Law coalition, Yasser al-Maliki, announced earlier that the voting session on the budget would take place during the next two days.
And he said in a tweet on "Twitter": "After strenuous efforts, the signatures of the representatives of the State of Law coalition were collected to determine the voting session on the general budget for the year 2023 during the next two days."
On the other hand, the representative of the Kurdistan Democratic Party, member of the Oil and Gas Committee, Sabah Sobhi, confirmed that the political forces had not reached a final agreement regarding the share of the region.
A member of the Parliamentary Finance Committee, Youssef Al-Kalabi, said, for his part: “(Today, Tuesday) we will put the final touches on the draft budget law,” noting that “there is communication with the Presidency of Parliament to set the date for the special session to approve the budget law.”
And on a matter related to the file, parliamentary and political parties expressed their fears about the impact of the recent "OPEC" decision regarding reducing production for the member states of the organization, led by Iraq, on the revenues generated, and thus a negative impact on the budget.
A member of the Parliamentary Oil and Gas Committee, Bassem Naghimish, told Al-Sabah: “The problem is only in the budget for this year 2023, because according to the Financial Management Law, the first year of the three-year budget is obligatory, and in the following two years the budget is optional and can be amended with a proposal from Finance, planning, and the approval of the Council of Ministers and Representatives, so the fear is from this year only, and as for the next year, there may be an adjustment to the price of a barrel or the budget number.
And he indicated that "the current problem is also related to calculating the export of oil from the region at the rate of 400,000 barrels in the budget. If this process does not proceed, this amount can be directed internally in the domestic consumption in the refineries, because not exporting it causes a big problem, as it will increase the deficit."
On the other hand, a member of the Parliamentary Reconstruction and Services Committee, Zuhair Al-Fatlawi, told Al-Sabah: “The committee is following up on lagging projects and new projects that have been suspended due to the lack of approval of the budget,” noting that “many old and new projects await approval of the budget.”
As for the member of the committee, Representative Alaa Sukkar, he said in an interview with “Al-Sabah”: “The government must follow up on its stalled or lag projects, and coordinate with the Construction and Services Committee, which prepared plans to follow up and monitor stalled projects, including strategic projects, and their implementation is in the public interest.” Edited by: Muhammad Al-Ansari https://alsabaah.iq/78430-.html
Tomorrow Is The Date For The Budget Vote
Iraq 06/07/2023 Shaima Rashid The House of Representatives set tomorrow, Thursday, a date for voting on the long-awaited general budget, at a time when signs of a Kurdish division appeared regarding whether or not to approve the budget amendments. While the Patriotic Union of Kurdistan "Yekti", along with other Kurdish parties, announced its approval and call for voting on the budget, it waved The Parti Kurdistan Democratic Party boycotted the voting session on the condition that clear agreements be reached on the amendments.
A member of the House of Representatives, Faisal Al-Naeli, said in an interview with “Al-Sabah”: “The Presidency of the House of Representatives has set Thursday as a date for voting on the general budget, but the Finance Committee is preparing to complete the budget and what some transfers remain in it,” noting that “the vote on the budget within the committee will be In all.”
He added, "It is not known yet; if the budget will be passed by majority or by consensus! Because the political blocs did not issue anything from them."
In addition, Member of Parliament Jamal Cougar said, in an interview with "Al-Sabah": "There is silence within the Finance Committee regarding its recent meetings," but he stressed that "there will be a meeting of the committee in order to reach a political consensus within it in order to pass the budget."
He added, "There will also be a date for a meeting of the heads of the blocs regarding the budget in order to pass it," expecting that the budget will proceed with "consensus" and that there will be a solution in the last moments, especially since the meetings are continuing in the "State Administration Coalition" regarding this matter.
In addition, the advisor to the Prime Minister, Hisham Al-Rikabi, expressed his hope that the "people's representatives" would vote on an ambitious budget, and said in a tweet: "On Thursday, we will witness the launch of a new phase based on reconstruction and job creation for our Iraqi youth through the approval of the federal budget in Parliament."
He added. "Our great hope is that the people's representatives will play their role in voting on an ambitious budget that seeks to provide a free and dignified life for every Iraqi."
As for the leader in the coordination framework, Turki Al-Atbi, he announced that 90% of the disputes regarding the budget have been resolved with the “Democratic Party,” indicating that meetings are continuing in Baghdad with party leaders, but he indicated that “proceeding with passing the budget according to the (majority) is one of the options presented in If the Democratic Party insists on its positions on exporting oil and adheres to its decisions.”
In the Kurdish position regarding the budget, the division in the position appeared clear, yesterday, Tuesday, between the two main parties in the region, and Jayy Timur, a member of Parliament for the Kurdistan Democratic Party, "Al-Parti", did not rule out boycotting the party bloc's voting session on the country's general financial budget "in case Not settling the existing differences between Baghdad and Erbil" regarding the paragraphs related to the region, but he hinted at the continuation of strenuous efforts, "in order to reach solutions before the voting session."
In turn, a member of the Kurdistan Democratic Party, Wafaa Muhammad Karim, indicated that there is a single point of contention that hinders the party's agreement with the coordination framework, and he said: "Three points of contention were resolved yesterday, Monday, within (what is known) as the Finance Committee's amendments to the budget. He had objected The region has its share of the federal budget.
In contrast to the "Parti" position, the Patriotic Union of Kurdistan "Yekti" party called for not delaying the interests of many segments of society by continuing to obstruct the approval of the general budget law.
The leader of the party, Burhan Sheikh Raouf, said: "There is no justification for obstructing the approval of the budget by all parties by creating problems and putting obstacles to voting on it," and he continued, "All political forces that participated in writing the ministerial curriculum of the current government must contribute to its implementation."
On the ground,” pointing out that “the National Union, from the first moment, supports passing the budget in order to guarantee the rights of the people.” Edited by Muhammad Al-Ansari ttps://alsabaah.iq/78496-.html
https://alsabaah.iq/uploads/posts/2023-06/whatsapp-image-2023-06-06-at-23_08_43.jpg
Tomorrow... The Date For Voting On The Budget
The first 06/07/2023 Shaima Rashid The House of Representatives set tomorrow, Thursday, as a date for voting on the long-awaited general budget, at a time when signs of Kurdish division appeared regarding the approval of the budget amendments or not. While the Patriotic Union of Kurdistan "Yekti", along with other Kurdish parties, announced its approval and call for voting on the budget, it waved The Parti Kurdistan Democratic Party boycotted the voting session on the condition that clear agreements be reached on the amendments.
Member of the House of Representatives, Faisal Al-Naeli, said in an interview with “Al-Sabah”: “The Presidency of the House of Representatives set Thursday as a date for voting on the general budget, but the Finance Committee is preparing to complete the budget and what some transfers remain in it,” noting that “the vote on the budget within the committee will be In all.”
He added, "It is not known yet; if the budget will be passed by majority or by consensus! The fact that the political blocs did not issue anything."
In addition, a member of the House of Representatives, Jamal Cougar, said, in an interview with "Al-Sabah": "There is silence within the Finance Committee regarding its recent meetings," but he confirmed that "there will be a meeting of the committee in order to reach a political consensus within it in order to pass the budget."
He added, "There will also be a date for a meeting of the heads of the blocs regarding the budget in order to pass it," expecting that the budget will proceed with "consensus" and that there will be a solution in the last moments, especially since the meetings are continuing in the "State Administration Coalition" regarding this matter.
In addition, Advisor to the Prime Minister Hisham Al-Rikabi expressed his hope that the "people's representatives" would vote on an ambitious budget, and said in a tweet: "On Thursday, we will witness the launch of a new phase based on reconstruction and providing job opportunities for our Iraqi youth through the approval of the federal budget in Parliament." He added. "Our great hope is that the people's representatives will play their role in voting on an ambitious budget that seeks to provide a free and dignified life for every Iraqi."
As for the leader in the coordination framework, Turki Al-Atbi, he announced that 90% of the disputes regarding the budget have been settled with the “Democratic Party,” indicating that meetings are continuing in Baghdad with party leaders, but he indicated that “proceeding with passing the budget according to the (majority) is one of the options presented in the event The insistence of the Democratic Party on its stances towards oil export, and I adhered to its decisions.”