The Financial Committee reveals the fate of passing the budget and the amendment to the price of the dollar in it
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The Financial Committee reveals the fate of passing the budget and the amendment to the price of the dollar in it
Admin Wed Mar 10, 2021 11:53 am
The Financial Committee reveals the fate of passing the budget and the amendment to the price of the dollar in it
2021-03-10
Yes Iraq: Baghdad
The Finance Committee in the House of Representatives said, on Wednesday, that the vote on the financial budget for the current year will be delayed, while it indicated that changing the exchange rate of the dollar is not part of Parliament.
A member of the Finance Committee, Muhammad Ibrahim, said in press statements, that “changing the exchange rate of the dollar is not the task of the House of Representatives or its financial committee,” indicating that “the decision was taken after dialogue and understanding between the World Bank and the Central Bank of Iraq.”
He stressed, "Most of the paragraphs of the current year budget have been resolved," explaining that "the region's share, the oil agreement, and the provinces’ share of the regions ’development represent the main obstacle to the budget."
He believed, "The vote on the current year’s budget will be delayed, as a result of the failure to reach any agreed text from the government and political blocs, in addition to the disagreements over the articles pending the budget law."
He pointed out, "The Finance Committee proposed a solution to the region's problem in the budget, which includes that Kurdistan hand over to Baghdad all of its oil export imports, after excluding its share of domestic consumption, production, transportation and petrodollars expenditures, and another proposal that includes the delivery of the entire product only."
Parliament Speaker Muhammad al-Halbousi had directed that the budget bill be included on the agenda of next Monday’s session, based on a request signed by 150 deputies.
https://yesiraq.com/%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%d9%83%d8%b4%d9%81-%d9%85%d8%b5%d9%8a%d8%b1-%d8%aa%d9%85%d8%b1%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d9%88%d8%a7%d8%b2/
2021-03-10
Yes Iraq: Baghdad
The Finance Committee in the House of Representatives said, on Wednesday, that the vote on the financial budget for the current year will be delayed, while it indicated that changing the exchange rate of the dollar is not part of Parliament.
A member of the Finance Committee, Muhammad Ibrahim, said in press statements, that “changing the exchange rate of the dollar is not the task of the House of Representatives or its financial committee,” indicating that “the decision was taken after dialogue and understanding between the World Bank and the Central Bank of Iraq.”
He stressed, "Most of the paragraphs of the current year budget have been resolved," explaining that "the region's share, the oil agreement, and the provinces’ share of the regions ’development represent the main obstacle to the budget."
He believed, "The vote on the current year’s budget will be delayed, as a result of the failure to reach any agreed text from the government and political blocs, in addition to the disagreements over the articles pending the budget law."
He pointed out, "The Finance Committee proposed a solution to the region's problem in the budget, which includes that Kurdistan hand over to Baghdad all of its oil export imports, after excluding its share of domestic consumption, production, transportation and petrodollars expenditures, and another proposal that includes the delivery of the entire product only."
Parliament Speaker Muhammad al-Halbousi had directed that the budget bill be included on the agenda of next Monday’s session, based on a request signed by 150 deputies.
https://yesiraq.com/%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%d9%83%d8%b4%d9%81-%d9%85%d8%b5%d9%8a%d8%b1-%d8%aa%d9%85%d8%b1%d9%8a%d8%b1-%d8%a7%d9%84%d9%85%d9%88%d8%a7%d8%b2/
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