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Parliamentary Finance

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Parliamentary Finance - Page 3 Empty Parliamentary Finance: Retirement salaries are illegal and no warrant has been issued

Post by claud39 on Wed Jun 10, 2020 9:31 am

Parliamentary Finance: Retirement salaries are illegal and no warrant has been issued


06/10/2020



Parliamentary Finance - Page 3 21374





Economy News _ Baghdad



On Wednesday, the Finance Committee in Parliament described the retirement salary deduction as an "illegal" measure, and no order was issued.

Member of Parliament Abdul-Hadi Al-Saadawi confirmed that the committee will intervene to find out the reasons for deducting the salaries of retirees, noting that the Cabinet did not issue a decision to deduct.

Al-Saadawi said in a press interview, "The decision to deduct any part of the pensioners’ salaries does not exist, and there is also no law for any government agency to deduct the pensioners' salaries, except through legislation within the Iraqi parliament, to be according to a specific mechanism and in accordance with the unified pension law. "

And, "The deductions that took place in the salaries of retirees have not been announced by any government agency, and we will intervene and know from the retirement organization what are the reasons for deductions from the salaries of retirees," stressing that "there is no decision by the Council of Ministers to deduct, as even the Ministry of Finance is not entitled to It has it.




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Parliamentary Finance - Page 3 Empty Parliamentary Finance: Retirement salaries are illegal and no warrant has been issued

Post by claud39 on Wed Jun 10, 2020 1:36 pm

Parliamentary Finance: Retirement salaries are illegal and no warrant has been issued


10/06/2020





Parliamentary Finance - Page 3 21374


Economy News _ Baghdad



On Wednesday, the Finance Committee in Parliament described the retirement salary deduction as an "illegal" measure, and no order was issued.

Member of Parliament Abdul-Hadi Al-Saadawi confirmed that the committee will intervene to find out the reasons for deducting the salaries of retirees, noting that the Cabinet did not issue a decision to deduct.

Al-Saadawi said in a press interview, "The decision to deduct any part of the pensioners’ salaries does not exist, and there is also no law for any government agency to deduct the pensioners' salaries, except through legislation within the Iraqi parliament, to be according to a specific mechanism and in accordance with the unified pension law. "

And, "The deductions that took place in the salaries of retirees have not been announced by any government agency, and we will intervene and know from the retirement organization what are the reasons for deductions from the salaries of retirees," stressing that "there is no decision by the Council of Ministers to deduct, as even the Ministry of Finance is not entitled to It has it.





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Parliamentary Finance - Page 3 Empty Parliamentary Finance: Retirement salaries are illegal and no warrant has been issued

Post by claud39 on Wed Jun 10, 2020 1:40 pm

Parliamentary Finance: Retirement salaries are illegal and no warrant has been issued


10/06/2020



Parliamentary Finance - Page 3 21374


Economy News _ Baghdad



On Wednesday, the Finance Committee in Parliament described the retirement salary deduction as an "illegal" measure, and no order was issued.

Member of Parliament Abdul-Hadi Al-Saadawi confirmed that the committee will intervene to find out the reasons for deducting the salaries of retirees, noting that the Cabinet did not issue a decision to deduct.

Al-Saadawi said in a press interview, "The decision to deduct any part of the pensioners’ salaries does not exist, and there is also no law for any government agency to deduct the pensioners' salaries, except through legislation within the Iraqi parliament, to be according to a specific mechanism and in accordance with the unified pension law. "

And, "The deductions that took place in the salaries of retirees have not been announced by any government agency, and we will intervene and know from the retirement organization what are the reasons for deductions from the salaries of retirees," stressing that "there is no decision by the Council of Ministers to deduct, as even the Ministry of Finance is not entitled to It has it.





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Parliamentary Finance - Page 3 Empty Finance Minister Ali Allawi meets the ambassadors of Canada, Britain, Australia and Germany in Iraq

Post by claud39 on Sat Jun 13, 2020 11:05 am

Finance Minister Ali Allawi meets the ambassadors of Canada, Britain, Australia and Germany in Iraq



Thursday, June 11, 2020



Parliamentary Finance - Page 3 Mof90007656ft




He met with  the Minister of Finance Dr. Ali Allawi, on Thursday June 11 2020, with the ambassadors of Britain, Canada, Germany and Australia in Baghdad on each end.


[rtl]During the meetings, various aspects of bilateral cooperation and ways of enhancing them were discussed, and the meetings also dealt with a number of related topics, especially in the economic and financial fields.[/rtl]





Parliamentary Finance - Page 3 9912140e-3272-4250-9fde-f768ce4ab8ce





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http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=832
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Parliamentary Finance - Page 3 Empty Parliamentary finance: fiscal deficit reached 40 trillion dinars

Post by claud39 on Tue Jun 16, 2020 12:44 pm

Parliamentary finance: fiscal deficit reached 40 trillion dinars


15/06/2020



Parliamentary Finance - Page 3 11723





[ltr]Economy News - Baghdad:[/ltr]




[ltr]Finance Committee member Hanin al-Qaddo said that the fiscal deficit in spending from December this year according to the committee's estimates is 40 trillion Iraqi dinars, including internal debt, while explaining that Iraq's economic situation is critical and suffers from a very severe crisis, as the Iraqi government did not turn to alternatives, pointing out that there is a large theft in financial resources from outlets and al-Kamark goes to the pockets of the corrupt estimated at 15 trillion dinars.[/ltr]
[ltr]The internal debt amounts to 5 trillion and the government can postpone it, and the refore the deficit can be deducted to 35 trillion dinars, he said, adding thatthe issue of domestic or external borrowing is among the allowance issues that the government can resort to.[/ltr]
 
[ltr]He also continued to talk about the financial situation by saying that alternatives can be taken by the government through resources such as customs, border crossings, taxes, electricity and water collection and other ministries that allocate large amounts of money and did not receive any income such as the Ministry of Transport and Aviation, the Ministry of Agriculture and others, explaining that Iraq needs to control the borders and strike with an iron hand on the corrupt, he said.[/ltr]
 
[ltr]Kaddo revealed that there is a major theft and disclosure of Iraqi financial resources obtained from border crossings, al-Kamark and the northern and southern region is estimated at 15 trillion Iraqi dinars.[/ltr]
 
[ltr]"This money goes to waste and into the pockets of the corrupt, and there are some actors who work for some officials and there is an agreement maybe for some officials in the ports in order to get money," he said, adding that this requires a leader who described him as brave to strike with an iron hand on all the corrupt, regardless of their position and status.[/ltr]






[ltr]http://economy-news.net/content.php?id=20729
[/ltr]
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Parliamentary Finance - Page 3 Empty Finance Committee: The government does not want to send the budget law and the reason for the deficit

Post by claud39 on Tue Jun 16, 2020 1:01 pm

Finance Committee: The government does not want to send the budget law and the reason for the deficit


16/06/2020



Parliamentary Finance - Page 3 21484



[ltr]Economy News _ Baghdad[/ltr]


[ltr]The Federal Government does not want to send the 2020 federal budget bill to the House of Representatives, the Finance And Banking Committee said Tuesday.
"The federal government does not want to send the 2020 federal budget bill to

the House of Representatives because of its large deficit," said Committee member Sherwan Mirza.
"The financial management law stipulates that the budget deficit should not be more than 3 percent, but

the current budget deficit is more than 50 percent, which is illegal," he said.
[/ltr]







[ltr]http://economy-news.net/content.php?id=20739
[/ltr]
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Parliamentary Finance - Page 3 Empty Minister of Planning discusses with a group of academics, iraq's economic situation, and ways to address the current economic crisis

Post by claud39 on Tue Jun 16, 2020 1:48 pm

Minister of Planning discusses with a group of academics, iraq's economic situation, and ways to address the current economic crisis




2020-06-15 




Parliamentary Finance - Page 3 15922513163894ea38117d23967d09be2b52408f14--%D9%86%D8%AE%D8%A8%D8%A9_%D8%A7%D9%83%D8%A7%D8%AF%D9%8A%D9%85%D9%8A%D9%8A%D9%86



[ltr]Mr. Minister of Planning Prof. Dr. Khalid Batal Al-Najm, today, Monday, discussed with a group of academics and university professors, the situation of Iraq, economic and development, the impact of the current crisis represented by the Corona pandemic, low oil prices, and the immediate and future treatments that academic expertise and university knowledge houses can contribute to.[/ltr]

[ltr]At the beginning of the meeting, Mr. Al-Wazir welcomed the President of the Iraqi Academics, Dr. Muhannad al-Hilal, and the professors who responded to the call, stressing the importance of opening up to Iraqi universities, as houses of expertise, and therefore, it is important to employ such expertise, in the design of economic and development policies on solid scientific foundations.[/ltr]

[ltr]The meeting discussed a number of issues, and put forward visions and remedies to get out of the current crisis, among other issues discussed:[/ltr]

[ltr]Parliamentary Finance - Page 3 1f539The reality of economic and financial policies in Iraq, and work to ensure the proper implementation of plans and strategies.[/ltr]


[ltr]Parliamentary Finance - Page 3 1f539Mechanisms for the advancement of the private sector through the implementation of the strategy for the development of this vital sector, while providing guarantees to its employees like their counterparts working in the public sector, and paying special attention to the informal sector.[/ltr]


[ltr]Parliamentary Finance - Page 3 1f539Review the system of legislation and laws in force, in accordance with the requirements of development within the Vision of Iraq 2030.[/ltr]


[ltr]Parliamentary Finance - Page 3 1f539The need to identify training needs by all state institutions, with the aim of subjecting the employees of those institutions to training courses that contribute to the development of their abilities, by taking advantage of the potential of the National Center for Administrative Development and Information Technology, under the Ministry of Planning.[/ltr]


[ltr]Parliamentary Finance - Page 3 1f539To benefit from the capabilities and capabilities of Iraqi universities, in spreading a culture of quality, in order to develop and improve the performance of state employees, which will reflect positively on the level of services provided to citizens.[/ltr]


[ltr]Parliamentary Finance - Page 3 1f539Interest in youth projects through the development of a soft lending policy and the incentive of private sector banks to contribute to the financing of these projects.[/ltr]


[ltr]Parliamentary Finance - Page 3 1f539The formation of sub-committees of professors and academics, which will study the problems and propose appropriate solutions and remedies.[/ltr]




[ltr]https://mop.gov.iq/static/uploads/8/activities_minister/1173/15922513163894ea38117d23967d09be2b52408f14--%D9%86%D8%AE%D8%A8%D8%A9_%D8%A7%D9%83%D8%A7%D8%AF%D9%8A%D9%85%D9%8A%D9%8A%D9%86.jpg
[/ltr]
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Parliamentary Finance - Page 3 Empty The work addressed the cabinet to pay the salaries of the new full-time appointees

Post by claud39 on Thu Jun 18, 2020 5:07 pm

The work addressed the cabinet to pay the salaries of the new full-time appointees


18/06/2020



Parliamentary Finance - Page 3 21510







Economy News _ Baghdad



The Ministry of Labor and Social Affairs announced, on Thursday, that it addressed the General Secretariat of the Council of Ministers and the Ministry of Finance to pay the salaries of the new full-time appointees, who numbered 57,000 beneficiaries, while it set the first of next month, August, as a date to receive the requests of beneficiaries in advance from the aforementioned segment to change the full-time appointee.

Issam Abdel Latif, head of the Disabled Persons and Special Needs Authority in the Ministry, said in a statement seen by Al-Iqtisad News, “The Authority addressed the General Secretariat of the Council of Ministers and the Ministry of Finance through official books in order to launch allocations of about 57 thousand beneficiaries of the new included with the full-time salary of the disabled Those whose transactions have been completed, whether or not the Master cards have been spent for them, in order to pay their salaries during the current year 2020.

And Abdul Latif added that "the disbursement process will be studied with the budget and accounting and legal departments in the Ministry of Finance in addition to the General Secretariat of the Council of Ministers in order to consider the possibility of providing financial allocation for that", stressing in the same context that his ministry "has initiated a modernization of the programs of the authority to make it more modern And developed with regard to receiving requests from beneficiaries.

He pointed out that "the electronic systems for receiving the requests of beneficiaries have been suspended until the end of next July," disclosing "the identification of the first of the month of August next, as a date for receiving requests to change the full-time appointment for those wishing to do so."



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Parliamentary Finance - Page 3 Empty The Finance Committee issues a statement regarding the salaries of new hires in the Ministry of Education and others

Post by claud39 on Thu Jun 18, 2020 7:29 pm

[size=32]The Finance Committee issues a statement regarding the salaries of new hires in the Ministry of Education and others[/size]







 06/18/2020

Parliamentary Finance - Page 3 %D9%84%D8%AC%D8%A7%D9%86-%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3-800x445

On Thursday 6/18/2020, the Finance Committee issued a statement regarding the salaries of new hires in the Ministry of Education and other ministries and institutions of the state, stating:


“We have received dozens of letters and appeals through social networking sites inquiring about the position of the Parliamentary Finance Committee regarding the salaries of new hires in the Ministry of Education and others and inquiries about entering a text in the draft borrowing law presented to the House of Representatives that includes paying their financial dues and here we would like to clarify the following


- The Finance Committee, with all its members, has no objection to disbursing the financial rights of those who deserve it from all classes. Rather, we strongly support this measure and we will work to pass it within the honorable council.


- The honorable Presidency of the Council of Representatives will be approached by the Finance Committee for the purpose of expediting the obtaining of the approval of the Iraqi government so that the law will not be subject to future governmental appeal and to ensure that these benefits are distributed in a streamlined manner and without objections.


- The Finance Committee has been and continues to monitor all issues concerning the segments of society from the staff of permanent and temporary owners on an ongoing basis along with the Ministry of Finance and has developed many and effective solutions to many of these matters.


- We remind all the brothers from those segments of the position of the Finance Committee in all previous budget laws, from including their rights and approving the movement of owners that was the reason for their appointment and absorption last year, as well as installing thousands of contractors on permanent owners.


House of Representatives,
Media
Department 6/18/2020





https://ar.parliament.iq/2020/06/18/%d8%a7%d9%84%d9%84%d8%ac%d9%86%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%b5%d8%af%d8%b1-%d8%a8%d9%8a%d8%a7%d9%86%d8%a7%d9%8b-%d8%a8%d8%b4%d8%a3%d9%86-%d8%b1%d9%88%d8%a7%d8%aa%d8%a8/
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Parliamentary Finance - Page 3 Empty Al-Kaabi addresses the Parliamentary Finance: We are looking for an official letter from you to explain your position regarding the salaries of new employees and employees, contracts and wages.

Post by claud39 on Thu Jun 18, 2020 7:49 pm

[size=32]Al-Kaabi addresses the Parliamentary Finance: We are looking for an official letter from you to explain your position regarding the salaries of new employees and employees, contracts and wages.[/size]




 06/18/2020

Parliamentary Finance - Page 3 Untitled-2-2-800x445

Mr. Hassan Karim Al-Kaabi, First Deputy of the Speaker of Parliament, responded today, Thursday, June 18, 2020 to the “press release” of the Parliamentary Finance Committee regarding the salaries of the new hires, confirming that the Presidency of the House of Representatives is awaiting an “official” letter from the aforementioned committee to explain its explicit and clear stance towards the financial allocations of employees New hires, contracts and procedure.


Al-Kaabi said: We previously sent an official letter to the brothers in the Finance Committee and instructed them to include the salaries of employees, contractors and wages within a clear and explicit paragraph in the law of domestic and foreign borrowing and spend their financial allocations that will be spent retroactively, indicating that the Presidency of the Council is waiting for the committee’s response formally, otherwise we will not accept the data The journalist who does not sing or be fat.


Media office of the
First Deputy Speaker of the House of Representatives
6/6/2020





https://ar.parliament.iq/2020/06/18/%d8%a7%d9%84%d9%83%d8%b9%d8%a8%d9%8a-%d9%8a%d8%ae%d8%a7%d8%b7%d8%a8-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%a7%d9%84%d9%86%d9%8a%d8%a7%d8%a8%d9%8a%d8%a9-%d9%86%d9%86%d8%aa%d8%b8%d8%b1-%d9%85/

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Parliamentary Finance - Page 3 Empty Finance: Paying 90% of the state properties that are occupied by the parties

Post by claud39 on Sun Jun 21, 2020 11:18 am

Finance: Paying 90% of the state properties that are occupied by the parties


06/21/2020





Parliamentary Finance - Page 3 21564







Economy News _ Baghdad



The State Real Estate Department announced, on Sunday, the payment of 90 per cent of the parties and political bodies, for the sums it paid for the real estate they occupy, revealing that it had prepared a plan to invest the real estate of the Ministry of Finance and the introduction of an electronic system to limit abuse.

The director of the department, Ahmad Al-Rubaie, said in a statement reported by the official Al-Sabah newspaper, which was viewed by Al-Iqtisad News, that “the ownership of real estate and land in the country, its references differ, as the department is responsible only for real estate belonging to the Ministry of Finance, which is directly managed by it.”

Al-Rubaie added, “A large number of them were overlooked or exploited by citizens, politicians and parties after the fall of the grave regime,” noting that his department “intensified its efforts in two directions, the first to lift the excesses, and the second to obtain a cash allowance for its exploitation.

Al-Rubaie said, “The real estate operators, influential people, politicians and parties were refraining from paying their sums of money for that, but coordinating his department with the Public Prosecution and Prosecution Authority and activating the government debt collection law that includes the seizure of movable and immovable funds, led to the owners of those real estate payments, What I owe them to the state, at a rate of 90 percent. ”

He disclosed, “The number of real estate managed by the department and affiliated with the Ministry of Finance, between 90 to 100 thousand, except for real estate in the Kurdistan region”, indicating that it is “divided on the basis of residential, commercial, industrial and agricultural, and managed according to a paper database that the department recently intentionally replaced in coordination with The General Secretariat of the Council of Ministers and the Ministry of Construction, ”.

Al-Rubaie disclosed that "an integrated plan has been submitted to the Ministry of Finance to exploit state properties to support the state treasury."

With regard to what is reported from time to time about cases of counterfeiting affecting the state’s real estate, the director of state real estate stressed that “real estate transfers of ownership are made through the Real Estate Registration Department, and there is no transfer or forgery in the department’s records, especially that it has coordination with the supervisory authorities to uncover Such cases, if any.



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Parliamentary Finance - Page 3 Empty The government is moving to cancel the 2020 budget and reduce the estimated price of oil to $ 30

Post by claud39 on Sun Jun 21, 2020 1:15 pm

The government is moving to cancel the 2020 budget and reduce the estimated price of oil to $ 30



Sunday, June 21, 2020

Parliamentary Finance - Page 3 5202014164224978703446
A parliamentary source revealed, today, the government's intention to cancel the budget of 2020 and reduce the price of speculative oil to bridge the budget deficit and pay salaries, indicating that the Minister of Finance promised to conduct the affairs of the state by law 1/12 and internal and external borrowing.
The source said in a statement that "the Parliamentary Finance Committee met with economic personalities and responsible, the last of which was the Minister of Finance Ali Allawi on the general financial crisis in the country."
He added that "Allawi stressed the futility of setting a budget for the current year, since the remainder of the year is 5 months. A law and feasibility study will be drafted during the remaining two months, meaning that the general budget will be for a period of three months, which is beneficial."
He explained that "the government will continue to spend money and salaries through the State Administration Law 1/12, but it reduced speculative oil prices to $ 30 instead of $ 56 last year as well as relying on the law of external and internal borrowing to provide money and bridge the deficit."




https://www.thebaghdadpost.com/ar/Story/197231/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D8%AA%D8%AC%D9%87-%D9%84%D8%A5%D9%84%D8%BA%D8%A7%D8%A1-%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-2020-%D9%88-%D8%AA%D8%AE%D9%81%D8%B6-%D8%A7%D9%84%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D8%AA%D8%AE%D9%85%D9%8A%D9%86%D9%8A-%D9%84%D9%84%D9%86%D9%81%D8%B7-%D8%A5%D9%84%D9%89-30-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7
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Parliamentary Finance - Page 3 Empty Finance Minister: Austerity policy may continue for two years

Post by claud39 on Tue Jun 23, 2020 1:13 pm

 Finance Minister: Austerity policy may continue for two years


23/06/2020



Parliamentary Finance - Page 3 21592



Economy News - Baghdad:




Finance Minister Ali Allawi warned that the Iraqi economy may face "shocks that we will not be able to deal with" unless reform measures are adopted in less than a year.


"Reform is necessary," said Allawi (73 years), who was tasked with stabilizing the Iraqi economy after the collapse of crude oil prices, which cut the state revenue by half.


He added in an interview with Agence France-Presse, "If we do not adjust matters during this year, we may face shocks that we will not be able to deal with," while expectations indicate that the Iraqi economy will face a 10 percent contraction this year.


Allawi, who was also finance minister during the transitional government’s period between 2005 and 2006, indicated that the situation today is "worse" because Baghdad faces an "existential economic situation".
At that point, the price of a barrel of oil was approximately $ 35, but the number of state employees was less than a million.


Today there are more than four million employees, and many other Iraqis who are paid salaries and pensions. This means a monthly sum of between four and five billion dollars.


With one out of every five Iraqis receiving government aid, the bill becomes heavier for the country that depends on paying all its expenditures on oil whose prices collapsed months ago with a severe shortage of demand for it.


According to Allawi, the government must pay the salaries of June and July, on time, by borrowing from government banks.


But he warned that these measures are possible for a short period, otherwise "they will affect the price structure, and consequently on inflation, which in turn will affect the exchange rate and the reserve in the central bank."


He added that in the face of the expenditures that have increased over the years, the government found the treasury empty, after 17 years of the American invasion that toppled Saddam Hussein's regime and established a new political system that was shattered by corruption and cronyism, and placed Iraq in the high ranks among the list of the most corrupt countries in the world.


Allawi said inside his home in Baghdad, "The government is supposed to have one and a half months of expenditures before they face crises."


He added, "We were supposed to have liquidity between ten to 15 trillion dinars, but the treasury contained only two trillion dinars."


Experts today, including Allawi, believe that the entire financial system of Iraq, the second largest oil producer in OPEC, must be reviewed.
 
Allawi said that 40 million Iraqis will have to submit to a strict austerity policy that may last for "two years."
 
In addition, the authorities will address gaps in the spending schedule, especially with regard to multiple salaries or "aliens" as they are called, and they are registered in the payroll without working.
 
- Oil and confidence -
 
At the government level, long-awaited promises to diversify the economy, not to make the country's fate dependent on global crude markets, and start discussions with the World Bank and the International Monetary Fund will have to be implemented.
 
Allawi stressed that "if the price of oil continues at this level for a year, and spending remains the same, undoubtedly we will collide with a wall. We cannot run a country, especially from the economic side, with only hope that the oil prices will rise to cover the expenses."
 
The question is: Can a transitional government, formed during the most dangerous social crisis in the country, undertake a complete reform of the economy?
 
Although Allawi experienced a similar crisis in 2005, this time he acknowledged that the crisis of confidence between citizens and the authority widened, after six months of an unprecedented popular uprising that was suppressed by force by the previous government of Adel Abdul Mahdi.
 
Indeed, at the beginning of the current month of June, when pensions were deducted in the first steps of the government austerity policy, the protest was unanimous against Allawi and Prime Minister Mustafa Al-Kazemi, even within the parliament that is usually entrusted with approving reforms, especially fighting corruption that led to more evaporation. Of $ 450 billion in public money since 2003.




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Parliamentary Finance - Page 3 Empty Parliamentary Finance: This month, there will be no deduction in employee salaries

Post by claud39 on Wed Jun 24, 2020 10:28 am

Parliamentary Finance: This month, there will be no deduction in employee salaries


24/06/2020



Parliamentary Finance - Page 3 21618





Economy News _ Baghdad



The Parliamentary Finance Committee indicated, on Wednesday, that the current month will not witness a deduction from the employees ’salaries, pointing out that the Executive Authority has spoken of a new burdensome or salary scale that will be implemented in the future and includes all employees.

Committee member Haneen Al-Qaddou said in a press interview that "the coming period will not witness a deduction in the salaries of employees, and Parliament is determined to legislate the borrowing law in order to overcome the current crisis."

He added that "the financial committee exercises its duty to exercise control and legislate laws and is not responsible for deducting salaries or not, as these decisions are within the authority of the executive authority."

And that "the Finance Minister is likely to have talked about one salary scale that includes all employees, and that will be organized in the future. As for the current month, he will not witness a deduction of salaries."





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Parliamentary Finance - Page 3 Empty Parliamentary economics are surprised by the silence of trade by not distributing the ration card items for four months

Post by claud39 on Thu Jun 25, 2020 10:59 am

Parliamentary economics are surprised by the silence of trade by not distributing the ration card items for four months


25/06/2020





Parliamentary Finance - Page 3 21660




Economy News _ Baghdad



On Thursday, a member of the Parliamentary Committee on Economy and Investment, Ali Ghawi, expressed surprise at the Ministry of Commerce's silence regarding the distribution of ration card items four months ago.

Ghazi said in a press statement, "We are surprised by the distribution of the January share and a separate month," noting that "the citizen pays financial sums for the ration card items that have not been delivered to their beneficiaries for four months."

Ghawi asked about the "real reason behind the Ministry of Commerce's failure to launch the ration card items."

A member of the Parliamentary Commission on Economy and Investment called on the House of Representatives to "take its real role in holding the Ministry of Trade accountable for the reason behind disrupting the distribution of ration card items." 







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Parliamentary Finance - Page 3 Empty The Minister of Finance reveals the government's plans to face the financial crisis

Post by claud39 on Thu Jun 25, 2020 12:22 pm

[size=36]The Minister of Finance reveals the government's plans to face the financial crisis[/size]






25/06/2020








Parliamentary Finance - Page 3 162562020_front-240520-iraq




Baghdad- Mawazine News


On Thursday, Finance Minister Ali Abdul Amir Allawi revealed the government's plans to tackle the country's financial crisis.

Allawi said, according to the official agency, "The main financial challenges are the loss of other revenues except oil, for oil gives us approximately 92 percent of the state's revenues, and we do not have any other revenue. The state, its finances, and Iraq as a whole are based on oil prices."

He added that "the deficit is due to the fact that the state's expenditures are much more than its revenues, and that is why we are trying to cut spending and stop waste and stop corruption operations, but despite that the deficit exists and as a result we will go to borrowing, when Parliament agrees to that," noting that "borrowing will be in the term Short and not a permanent solution. "

He pointed out that "the investment environment in Iraq is incomplete and not fit to receive foreign and Iraqi investors as well, because without Iraqi investors foreign investors will not come, now the most important thing we have is to stimulate self-employment, and to motivate the Iraqi private sector, then foreigners, and we will seek to raise obstacles and restrictions during the period of this government 


Ended on 29 / h


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Parliamentary Finance - Page 3 Empty Parliamentary Finance threatens to file a class action lawsuit against the "K-Card" because of the rates of salary cuts

Post by claud39 on Fri Jun 26, 2020 11:41 am

Parliamentary Finance threatens to file a class action lawsuit against the "K-Card" because of the rates of salary cuts






26-06-2020





Parliamentary Finance - Page 3 Image



Baghdad / Al-Ikhbaria:

The Parliamentary Finance Committee alerted, Friday, the electronic payment card companies of the danger of continuing to cut the salaries of state employees and retirees in greater proportions than scheduled.


Committee member Mohamed Sahib Al-Daraji said in a statement received by Al-Akhbariya that “brothers and sisters are retired, social protection salaries and employees from the fifth to the tenth grade” -
adding, “Please pay attention to the deductions that are deducted from your salaries by e-payment card companies where they should That is not more than the decision in the instructions of the Central Bank, which is 6 per thousand (0.6%) of the salary, as shown in the table below.


He explained that "in the case of deduction more than the prescribed percentage, we are ready to help in filing a collective complaint against these companies in the competent courts to compel them to comply with the instructions provided that every person who provided the disbursement of the receipt of his salary and deduction and his triple name and address of housing and phone number."


Salary withholding


less than 400 thousand dinars 2000 dinars
400 thousand dinars 2500 dinars
450 thousand dinars 2750 dinars
500 thousand dinars. 3000 dinars
600 thousand dinars. 3600 dinars
700 thousand dinars 4200 dinars
800 thousand dinars 4800 dinars
900 thousand dinars 5400 dinars
million dinars. 6000 dinars
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Parliamentary Finance - Page 3 Empty Iraq announces an economic reform program that includes maximizing tax and customs revenues

Post by claud39 on Sat Jun 27, 2020 12:11 pm

Iraq announces an economic reform program that includes maximizing tax and customs revenues


June 27, 2020





Parliamentary Finance - Page 3 1024






Direct: The Iraqi Deputy Prime Minister and Minister of Finance, Ali Abdul-Amir Allawi, announced that the government is in the process of forming a complete and integrated program to reform and advance the economy.

Allawi said to the Iraqi News Agency (conscious), today, Saturday, that this program will be presented to the House of Representatives during the next three months and will be comprehensive.

The Minister of Finance pointed out that the plans in the program will address all sectors of the economy and the productive and service sectors.

Allawi added that the program includes enhancing the state’s revenues from other sources such as: customs, taxes, direct and halting waste, as well as the process of removing the throttle from the economy, stressing that the government will enhance and strengthen the activity of the private sector, because its growth will provide jobs and increase local production.


Nominations









https://www.mubasher.info/news/3659724/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%B9%D9%84%D9%86-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%A5%D8%B5%D9%84%D8%A7%D8%AD-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%8A%D8%AA%D8%B6%D9%85%D9%86-%D8%AA%D8%B9%D8%B8%D9%8A%D9%85-%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B6%D8%B1%D8%A7%D8%A6%D8%A8-%D9%88%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B1%D9%83/
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Parliamentary Finance - Page 3 Empty Parliamentary finance is surprised by the lack of payment of salaries of employees, despite the provision of liquidity

Post by claud39 on Mon Jun 29, 2020 7:42 pm



[rtl]Parliamentary finance is surprised by the lack of payment of salaries of employees, despite the provision of liquidity[/rtl]







6/29/2020 



Parliamentary Finance - Page 3 Story_img_5efa1918c6b4e


Ayna News - Baghdad

Member of Parliamentary Finance Committee MP Ahmad Al-Saffar confirmed on Monday that the reasons for delaying the salaries of state employees are unknown to the committee despite the availability of funds in Iraqi banks.

Al-Saffar said, "It is assumed that the salary payment instruction should start since the passage of the internal and external borrowing law because the law is in effect from the time of formal voting in Parliament, in addition to that there is an official directive from the government to the Ministry of Finance to expedite the disbursement."

He added, "The financial liquidity is in the banks, but we do not yet know why the Ministry of Finance was late in spending it," expressing his hope to "expedite the payment of salaries at the earliest opportunity possible, especially as millions depend on them for their livelihoods."


The House of Representatives was closer last Wednesday to the internal and external borrowing law to give more room to the government to secure the payment of salaries to state employees.




http://www.alliraqnews.com/modules/news/article.php?storyid=94878
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Parliamentary Finance - Page 3 Empty Parliamentary finance talks about a risk that threatens the central bank's foreign currency reserves

Post by claud39 on Mon Jun 29, 2020 8:37 pm

[size=41]Parliamentary finance talks about a risk that threatens the central bank's foreign currency reserves[/size]










Parliamentary Finance - Page 3 %D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-1










A member of the Parliamentary Finance Committee, Ahmed Al-Saffar, said today, Monday, that the Central Bank of Iraq succeeded in light of the global crisis caused by the collapse of oil prices, while stressing that the window to sell the dollar currently constitutes a threat to the bank's reserves.

Ahmed Al-Saffar said, “The value of what is sold from the dollar within the window of the Central Bank of Iraq is much greater than the proceeds from the sale of crude oil, given that the latter is the most important source of hard currency in the country, and therefore the window actually affects the monetary reserve despite the fact that this money goes on the basis of support Importers according to the official papers provided by banks that participate in the currency auction

Al-Saffar added, “With a calculation between what is sold from the dollar through the currency, and what is received through selling the dollar, it reveals a big difference that really affects the cash reserve, but the latter, according to his policy, tries to maintain the dollar’s ​​exchange rate against the Iraqi dinar, because any reduction It will raise the value of the dollar and reduce the dinar, and consequently, the prices will rise. He is trying to create a balance between the price of the dinar and the reserve value

A member of the Parliamentary Finance Committee confirmed that “the central bank is an independent institution, and it is not possible to interfere in its monetary policy. It succeeded in the last period because it maintained the rate of inflation and the exchange rate of the dollar after the collapse of international oil prices and its accompanying repercussions in the health crisis

He pointed out that "the situation of Iraq is better than the neighboring countries, some of which collapsed currencies," noting that "the Central Bank policy is particularly good and made sure that people with limited incomes and those with daily wages are not affected by inflation or high prices in the markets."







https://yaum8.com/2020/06/29/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%AA%D8%AA%D8%AD%D8%AF%D8%AB-%D8%B9%D9%86-%D8%AE%D9%80-%D9%80%D8%B7%D8%B1-%D9%8A%D9%87%D9%80-%D9%80%D8%AF/
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Parliamentary Finance - Page 3 Empty The Finance Committee proposes to adopt a semi-annual budget

Post by claud39 on Wed Jul 01, 2020 9:36 am

The Finance Committee proposes to adopt a semi-annual budget




01/07/2020



Parliamentary Finance - Page 3 10484





The Economy News - Baghdad



The Parliamentary Finance Committee asked the federal government to prepare a semi-annual budget and send it to the House of Representatives for approval, in order to run the country's financial affairs.

The committee’s rapporteur, Ahmed Al-Saffar, said, in a statement reported by the official “Al-Sabah” newspaper and seen by Al-Iqtisad News, that “the committee was waiting for the government to send the budget to the parliament yesterday, Tuesday 6/30 according to the scheduled date.”

Al-Saffar added that "after delaying the budget, the government will rely on the monthly interim budget 1/12", stressing, "The government may not rely on the 12/12 monthly budget for 2019, because the disbursement and revenue process needs a legal cover represented by the budget law."

He explained that "either a monthly budget is passed, or a bi-annual budget law is sent for approval in the House of Representatives."

Al-Saffar pointed out that "work without a headquarters budget law will not allow the parliament to exercise its oversight role over exchange and revenue, so we are waiting for the government’s opinion," noting that "legal solutions lie in the approval law, which is not a substitute for the budget, so the committee agreed to Approving the budget so that the government can provide liquidity to implement its obligations, and that what is related to spending and revenue must have a legal cover. "

The decision of the Finance Committee, Ahmed Al-Saffar stressed that "the implementation of Law 12/1 is not permissible in such circumstances, because the general situation of the country differed, and everything related to revenues, oil prices and exchange gates also changed, therefore, without approving a budget, the government is not entitled to receive any revenue , And the only legal cover is the budget law. "

He said that "the committee communicates with each other via the Internet because of the health status of the Corona pandemic and the disruption of the council." Of the investment approved by the House of Representatives within the borrowing law, and up to 15 percent of the amounts borrowed for ongoing projects in the 2019 Budget Law, and approved in the House of Representatives, with work to prepare the budget of 2021, both operational and investment, and that is the legal solution.

Al-Saffar reiterated that "the government should focus on the operational side of the semi-annual budget, as well as focus on the investment side for 2020 relocating to the budget of 2021, and that the government start preparing a draft budget for 2021."

It is reported that yesterday, Tuesday, June 30, the supposed legal period for sending the general budget to 2020 to parliament expired without accomplishing this, so that parliamentary requests to prepare it for six months or a month only come.



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Parliamentary Finance - Page 3 Empty Parliamentary Finance: There is no trend to deduct employee salaries

Post by claud39 on Thu Jul 02, 2020 11:42 am

 Parliamentary Finance: There is no trend to deduct employee salaries


02/07/2020





Parliamentary Finance - Page 3 21738







Economy News _ Baghdad



The Parliamentary Finance Committee indicated, on Thursday, that the salaries of employees will not witness deduction as it was promoted, pointing out that the financial crisis will be overcome through the control of non-oil imports.

Member of the committee Haneen Al-Qaddou said in a press statement, "The issue of deduction of employees salaries has ended and there is no trend in this regard, especially since Parliament rejected this, especially for last June."

He added that "there is great doubt that the budget is submitted by the government to the parliament, and there are speculative figures on imports every month and we may reach the end of this year with a deficit of nearly 40 trillion dinars."

Al-Kiddo explained, "Overcoming the crisis is subject to pressure on the border outlets, customs, collecting electricity and entering other imports into the state treasury, because the deficit will be reduced to reasonable limits."





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Parliamentary Finance - Page 3 Empty Parliamentary Economy: Border crossing revenue is $ 10 billion annually, of which only one billion is earned

Post by claud39 on Sat Jul 04, 2020 7:15 pm

Parliamentary Economy: Border crossing revenue is $ 10 billion annually, of which only one billion is earned


04/07/2020







Parliamentary Finance - Page 3 21770





Economy News _ Baghdad



Member of the Parliamentary Economy and Investment Committee Mazen Al-Faili said on Saturday that the border outlets in Iraq achieve annual financial revenues of $ 10 billion, but only one billion are earned.

Al-Faili said in a statement received by "Al-Iqtisad News", "We stress the government taking quick steps and effective measures in collecting the revenues of the outlets, whose realistic amount is at least ten billion dollars at least annually, but it is actually obtained not to exceed one billion dollars."

He pointed out that "finding solutions for this economic facility is not limited to providing significant and important revenues that revive the public budget only, but also contributes to the revitalization of the industrial and agricultural sector and the protection of the national product and what is required by providing additional job opportunities for Iraqi youth and stopping the flow of hard currency to import these materials, not to mention the fact that the government's success In imposing the rule of law on the outlets, it will restore confidence in the rest of the state’s institutions and departments and motivate them to adopt firm oversight activities in the face of corruption and corrupt people in various state locations.

In this regard, Al-Fili proposed a set of mechanisms and steps, the most important of which are:

1- Adopting governance (the electronic system for collecting customs duties) in a comprehensive management of all outlets, to ensure accurate monitoring and responsible follow-up in the full collection of revenues.

2- Subjecting all ports to the administration of the federal authority.

3- Appointing an honest and efficient field administration

Each outlet and supports the deployment of elite security forces that protect their sound decisions and block the way for any groups that interfere with the work of the ports and their revenues.

4- Close the unlicensed ports and crossings that operate outside the control of the state and the law

5- Reconsidering granting exemptions from customs, as regulatory reports indicate that they are exploited by persons and entities not legally covered, and exemptions are supposed to reduce to the maximum extent possible, and that customs duties are met by everyone in the outlets and after verification in the center of the validity of their inclusion in the exemption The statutory refund to them at the withheld customs fees.

6- That the process of payment of imported goods' duties, fees and taxes be completed upon the contracting process or if merchants purchase hard currency from the currency auction to reach these goods to the outlet and they meet all of their conditions.

7 - Regulating import licenses and matching them with incoming goods and commodities to prevent tampering with the quality of goods or exchanging them in customs fee transactions, which results in reducing fees imposed on them.

8- Connecting all outlets to a national control center in Baghdad by means of a camera system that covers the work and activity of employees in the outlets to detect any tampering with the passage of goods.





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Parliamentary Finance - Page 3 Empty A deputy talks about employee salaries for the next three months

Post by claud39 on Sun Jul 05, 2020 10:59 am

A deputy talks about employee salaries for the next three months


05/07/2020


Parliamentary Finance - Page 3 21782




Economy News _ Baghdad

Member of Parliamentary Finance Committee MP Mohammed Al-Daradji confirmed on Sunday that there will be no delay in delivering salaries in the next three months, while he indicated that he is awaiting the reform plan promised by the Minister of Finance to avoid economic and financial crises.



Daraji said in a statement, "The Economy News" received a copy of it, "There is no validity in the delay in salaries due to the delay in converting the currency. 

The basis for this is that the cash at the central bank has been released to the main banks (Al-Rafidain, Al-Rasheed and TBI), and a notification is required from the Ministry of Finance to the mentioned banks to release the salaries of employees.

 
He added that "there will be no problem during the next three months because of the presence of internal borrowing," noting that "we are looking at oil prices and the reform plan that the Minister of Finance promised to present."





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Parliamentary Finance - Page 3 Empty Parliamentary finance reveals the amount the state spends every month on double salaries and space

Post by claud39 Yesterday at 10:19 am

Parliamentary finance reveals the amount the state spends every month on double salaries and space


07/07/2020



Parliamentary Finance - Page 3 21800







Economy News _ Baghdad



Parliamentary Finance Committee affirmed, on Tuesday, that space and double-salaries cost the state up to two billion dollars a month.

Member of the Parliamentary Finance Committee Jamal Kujer said, in a statement to government media, that "the government faces great challenges if it wants to start with its reform steps, as it started with double salaries, and it must start controlling the border outlets and confine arms to the state, and these are important matters to attract investments." Noting that "aliens and dual-salaries cost the state about two billion dollars a month, forcing it to secure 5.5 billion dollars a month for salaries only."

 
He added, "Parliament has set 60 days for the government to present its reforms in which it needs the support of parliament, and the only obstacle that can hinder its steps is the presence of people and parties who do not want the government to proceed with reforms, so it must request the support of Parliament in its reform steps, which are The best opportunity to prove to the people and the authority that it came to the reforms. "

 
He continued, "The Prime Minister started with double salaries and aliens, and now he will proceed with the reform of the ports file, which has begun to take shape, and we hope that this file will be completed because it is essential. And the expulsion of aliens and the unification of salaries with one salary, will reduce about 2 billion dollars per month, and the government will have to secure 3 and a half billion dollars in salaries. "







http://economy-news.net/content.php?id=20943
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