House of Representatives is hosting the finance ministers and the oil and Planning

30/10/2014

Majlis deputies hosted the twenty-fifth its session held on Thursday, 30/10/2014, headed by Mr. Saleem al-Jubouri, President of the Council and in the presence of 221 deputy finance ministers and oil and planning to discuss the financial budget for 2014.

At the outset of the meeting was sworn Mr. Mazer Hammadi substitute for Mr. Khalid tired, Minister of Defense and Khadija Jabir al-Moussawi, rather than just Mr. Fahad, Minister of Tourism Alhurcab two deputies in the House of Representatives.

Mr. Speaker and welcomed the results achieved by the Iraqi Paralympic delegation co Paralympic session which was held in South Korea after recently achieved advanced centers and receiving boil a large number of medals.

He congratulated the MP Amer winner Prime age for the Youth Committee and sports center sports Iraqi and members of the delegation Paralympic participant in the Asian Games for the Disabled Sports and achieved important results harvested 31 Medalia variety, praising the Iraqi mission sports to reach the sport of progress and prosperity of calling on the government and the Paralympics and the House of Representatives to honor athletes and provide all the technical and moral needs and requirements to prove that the disability of a barrier in front of Aigv success and won championships and titles.

House of Representatives also voted the invitation of the Committee of Sports and Youth athletes to honor the winners of the tournament Albarraolympih

On the other hand the Council voted on the conversion of 225 million dinars exchange of origin billion dinars have already been allocated in the last parliamentary session for the displaced Syrians to displaced Iraqis

The Council voted to extend the first legislative chapter for one month starting from 1-11 until 1-12 within the powers granted to the presidency of the parliament.

The Council then voted to approve the membership of each of Mishan Rakkad underwriter and Adnan and Zaid Abdullah Muhsin and Imad Abdul Khudair and Xuan Houeiss and Ali Alsjeri Representatives health, while Mr. Jubouri called conscientious objectors to membership of a number of deputies to the health resort of the Federal Court.

On the other hand Mr. Speaker pointed out that the Presidency and with the agreement of the parliamentary blocs and directed to reduce the special invitations for ladies and gentlemen MPs expenses in addition to the ladies and gentlemen of Representatives sitting according to the alphabet adoption and will be adopted during the next meeting, pointing to the existence of the requests have been converted to the security and defense committee Hosting include general commander of the armed forces and to investigate the cause of Spyker and Saqlawiyah addition to conversion requests from the House of Representatives on the investigation into the events of Badush prison for the Commission on Human Rights .

This was followed by Sheikh Mohammed, Vice President of the House of Representatives, Mr. Iaram report of the Commission on the formation of the standing committees regarding the resolution of the heads and deputies and rapporteurs have included an explanation of the meetings held in order to settle the matter.

For his part, Mr. al-Jubouri called for parliamentary committees to speed up the resolution of the presidencies of deputies and parliamentary committees and rapporteurs as soon as possible.

Mr. President of the Council expressed support for all democratic practices to strengthen the oversight role of the House of Representatives, adding that the Presidency will announce all the procedures related questions and questions submitted by the ladies and gentlemen of Representatives.

Mr. Saleem al-Jubouri, head of the House of Representatives welcomed Messrs finance ministers, planning and oil to talk about the federal budget for 2014.

At the outset of hosting Mr. Hoshyar Zebari, Minister of Finance said that the ministry revised budget estimates by including all government decisions on the release of funds by 1 to 12, in addition to included the powers to launch exchange advances to face terrorism and all associated with this subject needs, explaining that the expenditure amounted to 185 trillion dinars and expenditures current 103 trillion dinars of investment and expenditure 82 trillion dinars either revenue amounted to 105 trillion dinars and oil revenues of 96 trillion dinars and non-oil 9 trillion dinars, and the planned deficit 79 trillion dinars and after reduction amounted to 77 trillion and after discount ranging between 39-36 trillion dinars.

Mr. Zebari said the cabinet had formed a new committee during the current month to re-define the priorities required, leading to deficit reduction and rationalization of expenditure to less than what can be the purpose of financing the planned deficit, where we were able to be reduced to about 27 trillion, alluding to the existence of a lack of crude oil revenue source because of the low prices and difficulties in production of security conditions, stressing that the withdrawal of the observed reserve of Development Fund for Iraq during the 2012 and 2013 affected economically and consequent financial commitments to a number of decisions and laws on compensation and the ration card and electrical projects, noting that the committee recommended funding deficit through the Special Drawing from the International Monetary Fund as well as to issue treasury transfers to the pension fund and the bank Rafidain and Rasheed, indicating that the amount of required deficit financing 21 trillion dinars, which Maittalb adoption of new styles, including the imposition of taxes on some luxury goods or communications.

And between the Minister of Finance and the presence of several proposals, including an agreement with the Central Bank of EXTRA discount reservists law to 7 instead of 15% and a Trade Bank of Iraq to grant the Ministry of Finance loan of $ 3 billion and the issuance of securities, which means that the fiscal deficit by about 5 trillion dinars, indicating near launch urgent batch of money available to the Kurdistan region and is currently working to prepare the budget for fiscal year 2015.

For his part, Minister of Planning and Mr. Salman Jumaili that the investment budget was in line with the security and development plan and has seen many changes to the budget, noting that his ministry is working on reducing the deficit alluding to the existence of the follow-up to the level of achievement on the projects.

Mr. Jumaili and stressed that the defense and interior ministries have the largest proportion of the investment budget, noting that the ministry measures to re-prioritize the budget was adopted, calling for a re much consideration of policies over the past years is probable non-arrival of the situation to the case of austerity, but rather to rationalize the exchange.

For his part, said Oil Minister Adel Abdul-Mahdi said his ministry is to not prepare financial budget but concerned by the Iraqi economy's dependence on oil exports, noting that it is not possible to provide the 2014 budget due to changes in oil prices and being useless with the end of this year, pointing to the existence large hyperbole in spending requires treatment, he did not need Iraq to foreign debt because of Maldih equivalent budgets 4 neighboring Arab countries, but the problem is the fact that the unilateral Iraqi economy depends on oil resources, which imposes on everyone to understand that the issue continue this way will lead to bankruptcy.

In interventions, ladies and gentlemen of Representatives MP Magda al-Tamimi, head of confirmed Finance Committee support for the government and any action by the pressure of expenses with the need to know the costs of the war against terrorism, calling for the development of a vision different from the previous phase strategy, and claim to reconsider prices of real estate, which was sold by the state and the failure to meet Representatives of non-essential calls received by the House of Representatives in order to reduce financial expenditures, pointing to the importance of installing contract employees in the ministries, including the Ministry of Electricity.

The MP called on Najib Najib to send financial share of the region of Kurdistan and the indispensability take measures to pay the salaries of the Peshmerga, similar to the popular crowd wondering about the possibility of recycling the money.

He MP Adnan al-Janabi said national unity could potentially contribute to change the rentier economy and support agriculture, pointing to the existence of illegal decisions taken by the government to divert money from within the budget, urging the Oil Ministry to facilitate the work of the oil companies.

Inquired MP Haim Jubouri commitment on the issue of a number of ministries over the signing of contracts for projects without the approval of the Ministry of Planning or approving the budget, calling for the export of oil through the province of Kurdistan and to reconsider the price of a barrel of oil within the next budget.

For his part, MP Fares Albraivkane called on the government to take immediate action to divert the salaries of the Kurdistan region.

And demanded the return of Rep Ola addressing the phenomenon of tax evasion and to benefit from the financial liquidity in the Iraqi market.

He said MP Mohammed Naji that 95% of the financial budget dependent on oil which is not accepted to continue, wondering about the nature of the actions taken by the government to cope with the deterioration of global oil prices.

MP Kanna need to vote on the budget for the current financial year, pointing to the importance of not stopping the pay of some of the slides.

The MP Abbas al-Bayati, the importance of the work in earnest to prevent money laundering and the need to reduce the allocated consumer aspects of the money in the state departments.

MP Ahmed electrodes have inquired about the existence of attempts to dispose of the Iraqi Central Bank reserves.

For its part, demanded to know Rep Vian Dakhil mechanism and method allocated for salaries and money distribution projects in the province of Nineveh.

MP Aziz and inquired about the timing of the exchange Ugaili provincial share of the petro-dollar and a way to extinguish the advances from 2008 until 2013.

And MP Ali al-Badri, the need for the government to develop a clear strategy for the agricultural sector and support the agricultural provinces.

MP also wondered Husseini dreams about the legality of non-voting so far on the financial budget for the current year.

And Rep. Nora Albjara indicated the presence of 6000, which requires a large project to have a role in the Ministry of Planning completed.

For its part, the high MP Nassif warned the Ministry of Finance to borrow from the Fund care of minors.

MP Ibrahim Bahr al-Ulum government and politicians to look for real solutions to the problem of the fiscal deficit in the budget.

In response to interventions and inquiries Finance Minister Mr. Hoshyar Zebari, the difficulty of presenting the 2014 budget, but the ministry will provide financial data on disbursements, indicating the importance of political processors for some aspects related to the budget and the lack of any intention by the government or the Ministry of Finance PMS employees' salaries, pointing to the existence of a crisis in real financial liquidity but to call an end to bankruptcy in the presence of about $ 77 billion financial reserve at the central bank have not been touched.

Mr. Zebari said the intention of the Ministry of Finance to launch allocated to the provinces of Nineveh, Kirkuk, Diyala and Anbar money during the next phase, indicating the absence of any costs or financial burdens for the establishment of the coalition forces raids to combat terrorism, stressing the keenness of everyone to grant the Kurdistan region of all rights and working to launch a financial boost to the province Soon, revealing that the amount of emergency has been cashed in different areas.

For his part, Mr. Adel Abdul-Mahdi, Oil Minister pointed out in his response to the possibility of the ministry to increase oil production effort of the government and the House of Representatives, especially with the presence of obvious problems after licensing rounds, stressing the need for effort with OPEC to face the global oil market situation and lower global growth for some importing countries rates Iraqi oil.

As Mr. Salman Jumaili Planning Minister Ban has said the ministry focused during the current phase of the adoption of policies and ideas, legislation and reordering of priorities, noting that rotate the amounts associated with the presence of a substance in the budget bill in this regard noting that tackling corruption is a top priority, stressing that the financial budget spent and it has become a reality if the report will be sent to the House of Representatives in this regard.

Mr. Jubouri and provide the name of the House of Representatives thanks to the cushion of Ministers to attend, stressing the Council's determination to help solving financial problems.

This was followed by MP Ghazi Gaood a statement condemning the operation of terrorist cowardly carried out by Daash gangs against the people of Anbar in general and especially the sons of clan Albu Nimr, noting that this gang is the same as that carried out the crime Spyker, stressing that the people of Anbar will continue to address and combat all kinds of terrorism and its forms, calling for protection of Iraq and the Iraqis and the expulsion of terrorism.

And then read ladies and gentlemen Al-Fatihah in honor of the souls of the martyrs of Iraq.

Then decided to adjourn the meeting to next Saturday 01/11/2014.

Circle Media

Iraqi Council of Representatives

30/10/2014


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