Parliamentary Finance: The sudden loan requested by the government is illegal and we do not know about it

18:22 – 25/01/2021

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Information / Special …

The Parliamentary Finance Committee expressed, on Monday, its surprise at the urgent loan that the government offered from the international monetary, stressing that it had no knowledge of the loan and was not included in the budget law.

A member of the Finance Committee, Jamal Cougar, told “the information” that “any borrowing made by the government is either included in the budget law or submitted to Parliament for a vote on it before borrowing.”

He added that “Parliament has no knowledge of the sudden borrowing that was announced by the government and was not included in the budget law,” noting that “this loan is illegal.”

“The committee intends to reduce the budget deficit by canceling the existing loans in it, and now it is surprised that the government borrows an urgent loan from the International Monetary Fund,” Couger said, pointing out that “all IMF loans are harmful because they have great conditions and restrictions.”

He continued, “The committee will host the advanced cadre of the Al-Kazemi and Finance government to inquire about these loans and the mechanisms for their disbursement.”

https://www.almaalomah.com/2021/01/25/517184/

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Iraq and Kuwait are discussing the file of remaining debt payments and the possibility of postponing their payment

01/25/2021 20:08

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Section : Iraq

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Baghdad / Al-Masala: Parliament Speaker Muhammad Al-Halbousi discussed, on Monday, January 25, 2021, with Kuwaiti Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, the activation of the higher ministerial committee between the two countries.

Al-Halbousi Media Office stated in a statement that “the Speaker of Parliament and his accompanying delegation met with the Kuwaiti Prime Minister His Highness Sheikh Sabah Khaled Al-Hamad Al-Sabah,” indicating that “at the beginning of the meeting, Al-Halbousi and the accompanying delegation congratulated Sheikh Al-Sabah on his re-appointment as Prime Minister and entrusted him with nominating members The new ministry, wishing him success. ”

The meeting discussed, according to the statement, enhancing the prospects for cooperation between Iraq and Kuwait in accordance with mutual interests in all fields, the importance of activating the joint Iraqi-Kuwaiti ministerial committee and strengthening its work, as well as forming a joint parliamentary committee to activate cooperation and follow-up and accelerate government procedures in the field of investment, trade and free zones.

The Speaker of Parliament also discussed with the Kuwaiti Prime Minister the file of the remaining payments of debts owed by the Iraqi government to Kuwait, and the possibility of postponing their payment. Because of the financial crisis and the economic situation that Iraq is going through.

The meeting stressed, according to the statement, the need to open the borders between the two countries to trade movement after it stopped due to the pandemic, while tightening commitment to preventive measures, appreciating Kuwait’s stances in support of Iraq during crises, the latest of which is the Corona pandemic crisis, which was represented by sending liquid oxygen trucks to the health institution.

For his part, the Kuwaiti Prime Minister offered his condolences to Iraq for the victims of the last two bombings in Baghdad, stressing his country’s support for the government and people of Iraq, and the continued expansion of the horizons of cooperation between the two brotherly countries at all levels.

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We Parliamentary Finance reveals the results of its meeting with the region’s delegation: We will not vote on such texts

Time: 01/26/2021 00:30:43 Read: 1,m

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed the results of its meeting with the Kurdistan Regional Government delegation.

Committee rapporteur Ahmed Al-Saffar said, in a press statement, that “the regional government agreed to display all data and disclosures regarding the oil file and other revenues.”

He added, “It is likely that a final agreement will be reached at the next meeting after the federal government is informed of all the data on export operations, customs files and border crossings in the region.”

The Parliamentary Finance Committee also decided not to vote on any text in the 2021 budget that contravenes the provisions of the Financial Management Law.

The meeting of the Parliamentary Finance Committee ended Monday evening with the delegation of the Kurdistan region headed by Qubad Talabani about the region’s share in the draft federal budget law for 2021.

Talabani had arrived in the capital Baghdad on Monday evening, while he was scheduled to start holding a series of meetings within the framework of the visit.

Under Article 11 – First, the draft budget law stipulates that the dues should be settled between the federal government and the Kurdistan region for the years 2004 through 2020, after the Federal Office of Financial Supervision, in coordination with the Kurdistan Regional Office of Financial Supervision, audited them. 

Also, starting from the year 2021, the Federal Ministry of Finance will download the debt installments owed by the Kurdistan Region granted to it by the Iraqi Commercial Bank and schedule it over ten years.

Article (11-second) of the draft law obliges the Kurdistan Regional Government to deliver 250 thousand barrels of crude oil per day of crude oil produced from its fields, and to hand over oil and non-oil revenues to the state treasury exclusively.

The draft budget law obliges the Kurdistan region to pay the salaries of the Peshmerga for the year 2021 out of the allocations allocated within the budget of the region for the mentioned year and against the calculation of compensation for employees.

According to the tables attached to the draft budget, the expenditures of the Kurdistan Region were estimated at 13.9 trillion dinars, in addition to 923.4 billion dinars within the sovereign expenditures.

Ammar Al-Masoudi

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A source reveals the results of the meeting of the Kurdish delegation and the Parliamentary Finance Committee

Politics

Kurdistan Region delegation

Parliamentary Finance Committee

2021-01-25 14:53

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Shafaq News / An informed source revealed the results of the Kurdistan Regional Government delegation’s meeting on Monday evening with members of the Finance Committee in the Iraqi Parliament.

The meeting was held in the Iraqi Parliament building in Baghdad to discuss the Kurdistan Region’s share in the federal financial budget for the current year.

The source told Shafaq News that the meeting dealt with the region’s share of the budget, as well as exporting Kurdistan Region’s oil through the Iraqi Oil Export Company, “SOMO”, owned by Baghdad.

The source indicated that the Kurdistan Regional Government delegation informed the Parliamentary Finance Committee that there is no objection to the regional government to export oil through the federal government.

And the source added, “There will be another meeting that will be held tomorrow, also, to fix these items in the budget.”

Earlier Monday, the delegation arrived in Baghdad and included Minister of Finance Awat Sheikh Janab, Minister of Planning Dara Rashid, Minister of the Region Khaled Shawani, and Chief of the Cabinet of Ministers of the region Omid Sabah.

A party source told Shafaq News that the KRG delegation will go through a series of “decisive” meetings during the next twenty-four hours to confirm the agreement concluded between Baghdad and Erbil regarding the region’s share as contained in the draft budget.

According to the agreement concluded between the two governments, the region’s share amounts to about 12.6 percent of the budget, in addition to paying the salaries of the Peshmerga, in return for handing over the region’s revenues from the sale of 250 thousand barrels per day of oil extracted from the fields of the region.

The meetings come to ensure that the various parties agree on the provisions of the draft budget related to the Kurdistan Region before submitting it to a vote in Parliament.

The Kurdistan Region has been suffering from a stifling financial crisis, as Baghdad has cut the salaries of the region’s employees since last April.

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After his arrival to Baghdad, Parliamentary Finance will meet with Qubad Talabani

Political | 08:02 – 01/25/2021

BAGHDAD – Mawazine News

Qubad Talabani, deputy prime minister of the Kurdistan region, arrived in the federal capital, Baghdad, Monday evening, while he is scheduled to start holding a series of meetings within the framework of the visit.

“The delegation of the region will hold a meeting with the Parliamentary Finance Committee this evening,” said Samir Hawrami, spokesman for the deputy prime minister, according to the Patriotic Union of Kurdistan website.

For his part, a member of the Finance Committee, Sherwan Mirza, said, according to the site, that “the delegation of the region and the financial committee will hold a meeting this evening to discuss the draft federal budget law and the Kurdistan region’s share of it.” Ended 29 / A 43

https://www.mawazin.net/Details.aspx?jimare=139256

During his meeting with Al-Halbousi … the Emir of Kuwait offers condolences for the bombing of air and renews his country’s support for Iraq

Political | 05:52 – 01/25/2021

Baghdad – Mawazine News The

Emir of the State of Kuwait, Nawaf Al-Ahmad Al-Jaber Al-Sabah, renewed, on Monday, Iraq’s condolences for the victims of the Al-Tayaran Square bombing, while Parliament Speaker Muhammad al-Halbousi affirmed Iraq’s keenness to strengthen relations between the two countries.

A statement by Al-Halbousi’s office, Mawazine News received a copy of, said, “The latter met the Emir of the State of Kuwait, Sheikh Nawwaf Al-Ahmad Al-Jaber Al-Sabah, and the meeting discussed cooperation between the two brotherly countries, strengthening bilateral relations, strengthening joint economic relations, activating joint governmental and parliamentary committees between the two countries, and emphasizing the need for Activating reconstruction projects and the outcomes of the International Donors’ Conference.

During the meeting, Al-Halbousi affirmed, “Iraq was keen on strengthening relations between the two neighboring countries in all fields, appreciating Kuwait’s positions in support of Iraq.”

For his part, the Emir offered his condolences to the victims of the two bombings that targeted Tayaran Square in Baghdad, expressing the State of Kuwait’s condemnation and condemnation of these two actions that targeted the lives of innocent people and destabilizing security and stability, again supporting his country and standing with Iraq to face the challenges it is going through, and achieve development and stability.

https://www.mawazin.net/Details.aspx?jimare=139235

Talabani heads to Baghdad to install the budget agreement

Politics

Qubad Talabani

2021 budget

The negotiating delegation with Baghdad

2021-01-25 07:39

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Shafaq News / The Vice President of the Kurdistan Regional Government, Qubad Talabani, went to the federal capital, Baghdad, today, Monday, as head of the Kurdish negotiating delegation.  

Talabani’s spokesman, Samir Hawrami, told Shafaq News that Talabani went to Baghdad today to install the agreement concluded at the end of 2020 between the governments of Iraq and the region and determine the region’s share in the budget bill for 2021.

A high-ranking delegation from the Kurdistan Regional Government arrived yesterday, Sunday, to the capital, Baghdad, to engage in a new round of talks in order to secure the region’s share in the federal financial budget for the year 2021.

The delegation included: Minister of Finance Awat Sheikh Janab, Minister of Planning Dara Rashid, Minister of the Region Khaled Shawani, and Chief of the Cabinet of the Provincial Council of Ministers, Omid Sabah.

The Finance Committee in the Iraqi Council of Representatives has been conducting, for more than two weeks, a series of meetings in the parliament building with the aim of collecting observations and making the necessary amendments to the draft budget law.

Parliamentarians and politicians say that the budget needs political consensus, so a political delegation from the region will visit Baghdad later this week with the aim of reaching an agreement with the blocs not to block the passage of Kurdistan’s share in the budget.

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Parliamentary Finance sets the date for completing its discussion with the ministers and governors of the budget

economic

15:40 – 01/25/2021

0

Information / Special …

The Parliamentary Finance Committee set, Monday, the date for ending the discussion of the paragraphs of the federal budget for 2021 with ministers and governors.

A member of the committee, Ahmed Hama, said in a statement to / the information /, that “the Finance Committee is still continuing its meetings with officials, ministers and governors to discuss the paragraphs of the federal budget,” pointing out that “all the paragraphs of the budget are subject to discussion and amendment without distinguishing any paragraph.”

He added that “the discussion with officials, ministers and governors will be fully completed at the end of this week,” noting that “the Finance Committee will send the final version of the budget to the Presidency of Parliament next week.”

The Parliamentary Integrity Committee confirmed, yesterday, Sunday, that the article related to the payment of debts from the Kurdistan region within the draft federal budget law for 2021 is vague and unclear. 25 T.

https://www.almaalomah.com/2021/01/25/517159/

After a “positive” meeting with the Finance Committee, the Kurdistan delegation moves towards the blocks to pass the region’s share of the budget

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383 Policy 01/25/2021 13:07

Baghdad today – Baghdad

A member of the Parliamentary Finance Committee, Sherwan Mirza, confirmed, Monday (January 25, 2021), that the Kurdistan Regional Government delegation met yesterday with members of the Parliamentary Finance Committee and discussed many files related to the budget.

Mirza said in an interview with (Baghdad Today), “The meeting held yesterday by the Kurdistan Regional Government delegation visiting Baghdad and members of the Parliamentary Finance Committee, was conducted in a positive atmosphere.”

He continued, “The committee asked a set of questions, related to the sections of spending and financial revenues for the regional government, and the number of employees and the sections of spending in the region’s share of the budget.

He added, “The meetings between the Kurdish delegation and the Finance Committee will continue for an additional two days, to answer the inquiries that the members of the Finance Committee have.”

He explained, “The regional government is responding effectively to the course of the meetings in Baghdad, in order to try to persuade the members of the Finance Committee to vote on the region’s share, since the budget and the region’s share came out of the government’s hands and became the hands of the parliament, and therefore the most important thing for Arbil to convince the Finance Committee and then the heads of the blocks.” Parliament. ”

Yesterday, Sunday (January 24, 2021), a high-ranking Kurdish delegation arrived in the capital, Baghdad, to embark on a new round for the 2021 budget.

The source said in an interview with (Baghdad Today), that “a high-ranking delegation from the Kurdistan Regional Government arrived in the capital, Baghdad, for a new round of talks in order to secure the region’s share in the federal financial budget for 2021.”

He added, “The delegation includes: Minister of Finance Awat Sheikh Janab, Minister of Planning Dara Rashid, Minister of the Region Khaled Shawani, and Chief of the Cabinet of Ministers of the Region Omid Sabah.”

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