Articles of Importance

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Articles of Importance

Post  Admin on Thu Dec 27, 2012 7:37 am



************ A member of the Economic Committee: tariff law will do the beginning of the year 2013 after the availability of sophisticated electron devices to check the goods at the borderic

Post Admin on Sat 1 Sep 2012 - 4:37
Okay, Like I said things are now picking up speed, but I was not expecting almost everything all at once! This is one of the things they needed for the WTO!



Date: 09/01/2012 12:02:29 Saturday



Baghdad (news) .. Female Member of the Economic Committee MP / National Alliance / Amer Al-Fayez, that the tariff law will be implemented early next year, after bringing modern equipment to inspect goods and imported goods at border crossing points.

He said Fayez (of the Agency news) on Saturday: There are several technical reasons prevented the application of tariff law notably the lack of trained personnel and sophisticated equipment, explaining, that Iraq imported electronic devices developed to examine the goods and commodities imported and the process of training cadres working on these devices will be the activation of the Law tariffs at the beginning of next year. / end / 21. d. Q /


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Re: ************ A member of the Economic Committee: tariff law will do the beginning of the year 2013 after the availability of sophisticated electron devices to check the goods at the borderic

Post Admin on Sat 1 Sep 2012 - 5:04
Commission: application of the customs tariff requirement for Iraq's accession to the World Trade Organization
01/09/2012 11:10



Baghdad September 1 / September (Rn) - The Commission on Economy and Investment parliamentary Saturday clause Iraq's accession to the World Trade Organization (WTO) is the application of tariff law the government Ajlth to indefinitely.

Port of Faw in Basra and the Ministry of Commerce announced last year that federal Iraq is working on getting a permanent membership of the World Trade Organization would disrupt the Iraqi economy unless Iraqi consensus economic legislation with controls to join the World Trade Organization (WTO).

Said Commission decision Mahma Khalil told the Kurdish news agency (Rn) that "Iraq if it wants to join the World Trade Organization (WTO) should be applied tariff law inactivated by the government."

Khalil said that the "tariff law that dish will eliminate processes financial and administrative corruption at border crossings and ports (...) there is the desire of the Government to enforce the law gradually over two years."

The team was Iraqi to join the World Trade Organization was established on 13 December / December 2004, and presented a memorandum to obtain membership of the organization on September 16 / September 2005, was adopted Iraq observers in January 24, 2007, and began meeting the first round of the Group work in 2007, followed by a second round of meetings in 2008, and then the third round by the end of 2009.

Iraq seeks to obtain permanent membership in the World Trade Organization (WTO) rather than an observer member, as is the case at the moment.
The World Trade Organization was founded in 1995 and includes 147 countries worldwide as permanent members.

The organization aims to create a world economic preserves the rights of the consumer and the product through an international system of laws by hiring full resources of the state and prevent the circulation of goods non-universal impulse.

From: Raman Brosk, the Open: Peace Baghdadi


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Re: ************ A member of the Economic Committee: tariff law will do the beginning of the year 2013 after the availability of sophisticated electron devices to check the goods at the borderic

Post Admin on Sat 1 Sep 2012 - 5:21
Fayez: tariff law will do the beginning of the year 2013 after the availability of sophisticated electronic devices to check the goods at the border


01-09-2012 | (Voice of Iraq) - Add a comment -
Baghdad (news)

Female member of the Economic Committee of the National Alliance MP Amer Al-Fayez, that the tariff law will be implemented early next year, after bringing modern equipment to inspect goods and imported goods at border crossing points.
He said Fayez (of the Agency news) on Saturday: There are several technical reasons prevented the application of tariff law notably the lack of trained personnel and sophisticated equipment, explaining, that Iraq imported electronic devices developed to examine the goods and commodities imported and the process of training cadres working on these devices will be the activation of the Law tariffs at the beginning of next year.

Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D69722&usg=ALkJrhg9kCK14kYmUeRdtbW7iF_Pqvlitw#ixzz25DhjAfRv
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Re: Articles of Importance

Post  Admin on Thu Dec 27, 2012 8:09 am



Parliamentary Finance: allocation of 172 billion dinars to Article 140 of the budget for 2013

Post Admin on Wed 14 Nov 2012 - 6:35

Published on Wednesday, October 14 2 / November 2012 08:00 | Written by: kawthar




Sulaymaniyah / With: a member of the Finance Committee announced economic Najiba Najib, Wednesday, on the allocation of 172 billion dinars to Article 140 of the general budget for the year 2013.

Najib said told the future, as "was allocated 172 billion Iraqi dinars from the budget this year for the application of Article (140) of the Iraqi Constitution to compensate displaced families and families that have been استقدامها from other provinces."

Najib explained that "in case of calculating the price of a barrel of oil by more than (90) dollars will in turn increase the budget allocated to the material (140), according to Article (16) of the draft general budget bill."

According to Article (140) of the Iraqi Constitution for the normalization of the situation in the areas withheld the government should allocate an annual budget for the substance of the state budget, in order to implement Article that apply to the three stages of compensation, normalization, and the referendum population.

Nooruddin Ahmed


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Re: Articles of Importance

Post  Admin on Thu Dec 27, 2012 8:24 am



Integrity publishes electronic budget for Iraq in 2013

Post Admin on Fri 14 Dec 2012 - 2:48


| On 2012-12-13

4:45 p.m.
BAGHDAD / electronic integrity

Data:

First: the Constitution and the adoption of a mechanism transition to a market economy

Second: Oil:

Source of funding base that was not the only

Third: budget classification and ideology of public spending in Iraq

Fourth: economic reform programs Iraq agreements with the International Monetary Fund and the World Bank

Fifth: government support policies between the imperatives of political economy and international agreements

First Iraqi constitution:

Second: Economic, Social and Cultural Rights

Article (22)

First: Work is a right for all Iraqis to ensure them a decent life.

Second: The law regulates the relationship between employees and employers on an economic basis, taking into account the principles of social justice.

Third: The State shall guarantee the right to form trade unions and professional associations, or accession to, and shall be regulated by law.

Article (23)

First: Private property is inviolable, and the owner has the right to use and exploit and dispose of them, within the limits of law.

Second: Expropriation is not permissible except for the purposes of public benefit in return for fair compensation, and shall be regulated by law.

Third: Iraqi has the right to own property anywhere in Iraq, no other person may possess immovable, except those exempted by law.

B - prohibits ownership for the purposes of demographic change. Article (24) The State shall guarantee the freedom of movement for workers, goods and Iraqi capital between the regions and provinces, and is regulated by law. Article (25) The State shall guarantee the reforming of the Iraqi economy according to modern economic bases, and that ensures complete investment of its resources, diversifying its sources, and encourage the private sector and development. Article (26) The state shall guarantee the encouragement of investment in various sectors, and is regulated by law. Article (27)

First: Public funds are inviolable, and to protect and duty of every citizen.

Second: A law shall regulate the provisions on conservation and management of state property and the conditions of their disposal, and the border may not be relinquished for something of this money. Article (28)

First: do not impose taxes and fees, and are not adjusted, not levied, not exempted, except by law

Second: exempt low-income earners from the tax, to ensure that no prejudice to the minimum necessary for living, and is regulated by law

Second: Oil: It is almost the only source of funding for the Iraqi budget noted in Table (2)

1 basic assumptions for estimates

The following table contains a summary basic assumptions used in the construction estimates including strategic outlook for oil prices and export volumes and currency exchange rate and inflation.

Table 2. The basic assumptions of expectations II: Oil:

It is almost the only source of funding for the Iraqi budget noted in Table (2)

1 basic assumptions for estimates

The following table contains a summary basic assumptions used in the construction estimates including strategic outlook for oil prices and export volumes and currency exchange rate and inflation.

Table 2. The basic assumptions of expectations

Vocabulary 2012 2013

Assuming Saralnaft $ 85 $ 90

Assuming the size of oil 2,600,000 2,900,000

Exchange rate countries t per dinars 1,170 1,166

CPI 5% 7.5%

GDP at current prices 168 163 191 981

Population - million 32.361 34.41

Budget depends on the price of $ 90 for a barrel of Iraqi oil exported / 2013, a conservative price and the lines of the budgets of previous years. This is in line with the Government's policy to minimize the risk of falling prices is expected. This estimate is in line with the assumptions of the Organization of Petroleum Exporting Countries OPEC issued in 2010, and extended until the year 2030 and put under long-term oil price of between $ 85 - $ 90 per barrel. The purpose of the lies of this principle in moving away from a policy of prosecuting the lower oil price. If Thbtta to experience the impossibility of checking for global oil prices and the differences between the prices approved in previous budgets and the actual price of a large export e These differences led to resort to supplementary budgets. This in turn has led to confusion financial management of the state and did not reflect positively on the investments due to the delay ratification. On the contrary, the policy that resulted in the prosecution of oil prices since 2007 to an increase in current expenditure, while the investment budgets of others deported unspent from year to year. With the decline of oil prices in 2008 as a result of the financial crisis (economic) crisis is not possible to reduce operating expenses, but the government was forced to reduce investment and the issuance of a large budget deficit. Arrived compensation wages to the rate of almost one-third (34%) of the total expenditure in 2012, which highlights the difficulty of dealing with the current expenditure side of the budget, where it is difficult to modify and reduce expenses with falling oil prices. This budget proposes to allocate the actual surplus achieved during the financial year to build reserves for the Development Fund for Iraq as the main source to finance the deficit accrued for the year, especially if oil prices fell for the estimated price or get other shocks a negative impact on the balance of payments. And allocates the rest to pay off outstanding debts and obligations and finance investment projects by capacity.

Third: budget classification and ideology of public spending in Iraq

-1-1 Goals

Derive the budget objectives of the government's policies included in the line state Prime Minister faithful to the first meeting of the government of national partnership on 22.12.2010 and the budget in 2011 and the National Development Plan issued in May 2010 and anti-poverty strategy issued in November 2009 as the state budget صبحت day expression philosophy state and its approach to the capital of the fiscal policy and the subsequent goals and economic policies, financial and social, the Iraqi budget today stands behind a change Aiduaologih and structural de Alngaa political Mnjhh and objectives adopted in the framework of construction and promotion, development and provision of services and infrastructure and promote economic activity on a new basis that the tasks large and priorities multiple de facto backward and accumulations landslides structural in all fields make it difficult to distribute resources of specific to meet all the needs and requirements and it has to be arrangements priorities so as to address the biggest challenges for the needs of most need, which has been working on it through extensive discussions by the Committee stomach strategy the federal budget for 2013 / 1.1.2 foundations and the general principles of the numbers of estimates in light of the government's priorities

First giving due importance to the expansion of construction and development projects where formed in / 2013 (39.8%) of the total budget.

Second was calculated export revenues of crude oil on the basis of (90) states t per barrel based on the estimates of the Ministry of oil and Organization (OPEC) and the opinion of oil experts and studies of the oil market and Mnjhh seconds and a continuation of the plan to increase production of crude oil and oil derivatives, and increase electricity production grew energy sector by (44%) during the year 2013 / comparison / 2012, which accounts for (21.3%) of the total federal budget for the year 2013 / Ntejhaderaj the following programs: - increase production and improve the quality of oil and gas rehabilitation systems storage, transport and export power sector reform to increase energy production Electrical

Third, give priority to achieve security and stability and providing the requirements of the success of the security plans that will support the national reconciliation through ..

1 - increased security for the Iraqi people.

2 - Increased Security for basic services.

3 - Increased security for oil production.

4 - professionalizing the army and security.

Grew this sector in 2013 / by (14.7%) for allocations in / 2012 as a result of direct government allocation ratio (3%) of the total federal budget for 2013 / for the purpose of securing the capacity building program, arming, equipping the Iraqi army for all Alsnov land, air and sea starting in / 2013 which formed the percentage (14.2%) of the total estimated budget in 2013 /

Fourthly building the capabilities of the ministries, departments and public bodies and companies of the state for the purpose of being able to raise the standard of living of the Iraqi people through ...

1 - Capacity Development and Akedzaba skills of all functional levels for state employees.

2 - expand health care institutional.

3 - expanding preventive health care.

4 - upgrading of higher education and scientific research.

5 - To provide and improve water and sanitation.

6 - to improve the living environment.

7 - the rehabilitation and expansion of religious sites, cultural entertainment.))

Operating budget:

Operating expenses:

Compensation of employees and still included salaries, wages and pension bonuses occupies the bulk 52.4% note that only 11% is for pensions. Paragraphs that indicate support and protection still within ratios reasonable economically Benefits 11% subsidies 3.4% Grants 3.9% of social benefits 8.3% It is noted that growth rates negative all notably benefits, except paragraph social benefits are grown at rates positive rates 18.5% and then the policy support Government experiencing a reduction can also be indications above. Through subsidies and grants.

Investment budget:

Investment projects constitute 16% of the volume of total expenditures and this is a very small percentage.

Investment projects for the development of regions and provinces ages constitute 6.2% rate of decline of -4%

Allocations were increased government investment in the electricity sector increased by 28% to become the investment expenses for the electricity sector by 4.4%

Evolved the ratio of investment in the oil sector by 69% and this is a good sign.

Fourth: economic reform programs Iraq agreements with the International Monetary Fund and the World Bank Iraq inherent in every member of the International Monetary Fund and the Bank for International since their inception under Britruodzfa Convention in 1947 and consists group to which he belongs Iraq currently in the Fund from the following countries At the World Bank Iraq belongs to the Arab group. Iraq has regained full membership in both the IMF and the World Bank Inmnkhal presence of the Iraqi delegation in the seat reserved for Iraq Joint Annual Meetings of dealing with a number of economic and financial issues and cash. Iraq also returned to occupy the seat e within a twenty-four as an observer after missing for more than a decade yen and participated in the meetings at two levels:

1. Level of Representatives

2. Ministerial level.

So Iraq has demanded the support of the international community and especially the group of developing countries to get rid of their debts to private specialist on Financing for Development, but to finance the wars sparked by the former regime. Under those meetings approved by the Executive Board of the International Monetary Fund on a program of emergency assistance to post-war Iraq, which allows Iraq to get a loan amount equivalent to (25%) of the share of SDRs, which amounts to about (436) million dollars to build the Iraqi economy and its institutions and capacities to self and longer This agreement is a first step towards the integration of Iraq in the international financial institutions and restore its position in the Fund and helped Iraq in its negotiations with the Paris Club. Iraq has received a second loan of $ (685) $ Mellon under the Convention on SA Because assurances Iraqi delegation who attended the meetings in 2004 on the need to take advantage of Iraq loans pledged by the World Bank amounting to (4 - 4/5) billion dollars and a private loan TDA due to the conditions of simple so enable Iraq to take advantage of the loan above and adult (500) one million states t and that Iraq can benefit from it due to the conditions which does not carry a simple interest and that she (0/5%) commissions and administrative grace period (10) years and a payment of up to (30) years. Endorsing many economists the idea that Iraq has a soft loans, but he must be aware that the rules of borrowing from the IMF and the World Bank states:

1. Technical and economic evaluation of the project granted to it for a loan.

2. The project is located include Nalawloyat in the economic development plan for Qatar borrower.

3. That the project is managed efficiently in the implementation and operation periods together.

These are good indicators but not bad in the selection of economic projects and the way they work and how to take advantage of them, but some observers and researchers are taking on these organizations the following observations:

Namely that the methods adopted by the IMF and the World Bank denies the application of their policies and as follows:

First: adoption absolute privatization whenever can privatize institutions and projects and the pressures exerted by the governments to withdraw support for the services sectors (water, electricity, etc.), fuel and food these pressures that led and lead to economic and social crises and even many political recall, for example bread revolution Vionso hydrocarbon revolution Alardno in Yemen also resulted in the emergence of a kind of popular rebellions Smit (IMF uprisings) Like Maarafth Argentina demonstrations in 2001 and Haiti in 2004 and others.

Second: The institutions need to reform its structures, which have not changed since more than half a century and must include a human touch where you must save the reputation it spoke Saddaqatha even became the emblem of the fight against poverty and support the development of poor people does not mean anything today.

Third: The application of the directives of the IMF and the World Bank gave the disastrous results in both Africa and Latin America, where he was the standard of living of the population to a serious deterioration and as follows:

A. Expensive prices.

B. Disappearance of the services sector.

C. Retreat of the state support for vital facilities in the area of health and education

Some suggest to ease the harsh conditions of the Money Fund and the World Bank:

1 - debt repayment by taking advantage of the high prices of crude oil to 90

2 - take advantage of the loans rich countries such as China and Venezuela, among others.

3 - can be formed banks and regional institutions as new models of banks like Matvolh some Latin American countries such as Bolivia, Nicaragua and Ecuador, which is now seeking to establish rules (South Bank) ......

Policies of government support among the necessities Alaguetsadalssayas and international agreements obligations and contributions of international debt has grown this sector during the year 2013 / by (9.9%) for allocations in / 2012 and form gain of (7.4%) of the total federal budget for 2013 / for the purpose of enabling us to pay the following commitments: -

1 - benefits and premiums arising from World Bank loans and the IMF and other loans.

2 - Benefits of treasury transfers versions of old and new.

3 - Benefits of private sector debt securities abroad.

4 - benefits and premiums arising from bilateral agreements with Paris Club countries and countries outside the Paris Club.

5 - war reparations to Kuwait.

6 - Debt Settlement small private sector abroad.

7 - Settlement of dues private sector before 9/4/2003.

8 - debt settlement Iraqi Airways.


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Parliamentary Finance: allocation of 172 billion dinars to Article 140 of the budget for 2013

Post  kcs on Thu Dec 27, 2012 10:25 am


Admin on Wed Nov 14, 2012 8:35 am


Published on Wednesday, October 14 2 / November 2012 08:00 | Written by: kawthar




Sulaymaniyah / With: a member of the Finance Committee announced economic Najiba Najib, Wednesday, on the allocation of 172 billion dinars to Article 140 of the general budget for the year 2013.

Najib said told the future, as "was allocated 172 billion Iraqi dinars from the budget this year for the application of Article (140) of the Iraqi Constitution to compensate displaced families and families that have been استقدامها from other provinces."

Najib explained that "in case of calculating the price of a barrel of oil by more than (90) dollars will in turn increase the budget allocated to the material (140), according to Article (16) of the draft general budget bill."

According to Article (140) of the Iraqi Constitution for the normalization of the situation in the areas withheld the government should allocate an annual budget for the substance of the state budget, in order to implement Article that apply to the three stages of compensation, normalization, and the referendum population.

Nooruddin Ahmed


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