********** Parliamentary Finance .. unremitting efforts to legislate

10/11/2015 0:00 Baghdad Muhannad Abdul Wahab

Members of the parliamentary finance committee felt that the mission control takes a great deal of procedures that help to provide views to the Executive side, stressing that their paradise is going according to a regulatory and legislative plan that would maintain economic growth, arguing the Commission's role in monitoring financial issues Cgsal money, taxes and compensation for those affected .

And a member of the Finance Committee said Haitham al-Jubouri: "The work of the Finance Committee was based more in its discussions on the development of the financial management side of the state to ensure the provision of professional opinions through important laws that have worked upon by the Committee and adopted the regulatory side, which is at the heart of its work."

He said in a statement the "morning" that the legislative role which it adopted by the Commission led to the result of my work so the Committee had submitted to the Presidency a lot of laws were prepared for the first reading, including the project of Chartered Accountants Act ".

The Jubouri that "the laws that raised the second reading projects was the rehabilitation project thermal Hartha station and the law of compulsory insurance of Sir number incidents of agreement (52) for the year 1980, and the laws that raised the vote to the House of Representatives was the draft general budget of the Federal Republic of Iraq for the financial year law 2014 has not voted on the proposal and the first amendment to the law of judicial investigators privileges Law No. 80 of 2012 and the draft ratification law mutual letters and notes on the Japanese loan to the Republic of Iraq, signed on 02.16.2014 and the law of judicial duties No. 114 for the year 1981. "

"The draft general budget of the Federal Republic of Iraq for fiscal year 2015 had long debates in the presence of President of the Council and his deputy, the second and a number of concerned and discuss the joint meeting of the Finance Committee and the Committee of Oil and Energy and Deputy Minister of Oil Mr. Fayyad grace support the government in the budget of 2015, the oil companies operating in the rounds licenses and discussion of the proposed amendment to paragraph 3 of Article 4 of the budget law for 2015 ".

He said the Attorney-Jubouri "The study reports of the Legal Committee of the seizure and confiscation of movable and immovable property of the symbols of the former regime, the law was at the forefront of studies that the Commission has given its opinion by the competent committees and the General Authority project to monitor the allocation of federal revenue law.

He said al-Jubouri that the committee studied with members of the Foreign Relations Committee a draft ratification financial agreement relating to a loan of the World Bank report to the signed on 03.20.2014 the Republic of Iraq, in addition to the exemption of Iraqi and foreign companies implementing investment projects from taxes, fees and study to respond to the lawsuit provided law the Council of Ministers on the budget bill stated the case on Article 50 of the budget pertaining to the currency auction at the Central Bank in the presence of Messrs legal department director and adviser to the Council Aleghanona.ofatt "to the importance discuss the final accounts for the financial years 2005 to 2012 its own and the report submitted by the Ministry of Law Finance on differences over the concept presented as a bill by the government for a vote in the House of Representatives or as an appendix attached to the draft general budget of the federal law, noting that the Committee discussed the exemption of Iraqi and foreign companies implementing investment projects from taxes and fees Law and formed a committee to submit a proposal on the salary scale and law book and the confiscation of movable and immovable property belonging to the pillars of the former regime and a proposed law to establish a fund to compensate the victims of genocide and the draft Civil Service and report the Investment Law No. (13) of 2006 and the Law on border crossings body and the first draft amendment to the Law of the Unified Retirement Law No. (9) for the year 2014 of For its part, he explained the Finance Committee member Majida al-Tamimi, "that the Committee discussed at its meetings laws that have a clear impact on the currency movement in the Iraqi market, including purchases of banks at the central bank auction of foreign currency and the drafting of a list of reply on the list provided by the central bank and the problem of disbursement of funds stopped in the branches of the Central Bank in Arbil, Sulaymaniyah and the appointment of a new director to her, and the separation of the central bank circles of the Government of the Territory and the subordination of the bank in the center and the integration of its branches and support procedures separated from the Ministry of Finance, as well as follow-up to the paragraph on regardless of the amounts for the development of regions and provinces according to population ratios in Anbar, Salahuddin and Nineveh in the relief to the displaced Program and demystify and clarify the intent of the legislature for the displaced and trapped in areas in these provinces for the purpose of financial dues within the budget of 2015, indicating that the Committee discussed the challenges faced by the election commission and financial balance and problems with paper records and devices that were destroyed in Salahuddin, Anbar and Nineveh after the events of recent violence and the need for the Commission to ( 16 000), a new recording device, in addition to the rehabilitation of the database and re-contracting with enterprise companies in Spain and study the request slice of retired members of the municipal councils in the province of Basra, pointing out that the committee discussed the issue of the banks and held a joint meeting between the committees of the economy and Integrity to discuss the implications of money laundering process and discuss the rise of the dollar auctions in the presence of Governor of the Central Bank on the Keywords and head of the private banks association and general manager of the fight against organized crime and the Director of the Office of control. "


While stressing Jubouri that the Finance Committee hosted representatives from the Office of Financial Supervision to discuss the final accounts of the Republic of Iraq and the reports of the Office of the special financial control institutions and government departments, noting that it discussed with the General Customs Director, staff numbers at border crossing points and the revenue generated after 2003 and the obstacles that hinder the work of customs, He added that the Committee discussed with the Central Bank and the director of the Iraqi Bank of Commerce Hamdiya Dry ways to raise the level of the banking business to move up to the level of banks Alaalmih.obin Jubouri that the Committee hosted the Finance Minister Hoshyar Zebari and the Director General of the General Administration of Customs and the Director of the Legal Department where and director of companies in the General Authority for taxes, and the Office of the deposit money in the Central Bank and the Office of the fight against money laundering and the Director General of the General Authority for taxes and director of the calculator in the General Administration of Customs, and discussed with them the need to stop the financial leakage to the outside and methods of documentary credit and how to adjust the documentary credits that prevent money and forgery laundering.


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