Al-Halbousi and the regional delegation affirm the “governance of the constitution” in the distribution of revenues

Time: 02/18/2021 20:18:48 Read: 663 times

{Baghdad: Al Furat News} The Speaker of Parliament, Muhammad Al-Halbousi, discussed today, Thursday, with the Kurdistan Region delegation headed by Vice President of the Regional Government, Qubad Talabani, developments in the political, economic and security situation in the country, and the issue of the federal budget for the fiscal year 2021.

A statement of his office, the Euphrates News Agency received a copy of, stated that the two sides “emphasized the necessity of continuing dialogue to solve the outstanding problems in accordance with the constitution, which would rule for all.”

The meeting also stressed “achieving justice in distributing revenues to all the Iraqi people.”

Ammar Al-Masoudi

Talabani talks about the Erbil-Baghdad agreement and affirms: The region is safe for foreign investment

Political | 06:22 – 02/18/2021

Baghdad – Mawazine News

, Deputy Prime Minister of the Kurdistan region, Qubad Talabani, confirmed, Thursday, that the region is safe for foreign investments, while he talked about the Arbil-Baghdad agreement.

Talabani said during his online participation in the French-Iraqi Business Council meeting for French companies and investors, that “the Kurdistan region is a safe and stable region for investment, and that the regional government will not allow in any way the repetition of events such as what happened in Arbil a few days ago.”

The President of the French-Iraqi Business Council, Arnaud Prolak, the head of the Foreign Relations Department of the Kurdistan Regional Government, Sven Dziay, and the regional government representative in France, Ali Dulmere, and the French Consul General in Erbil also participated in the forum.

Talabani referred to the reform steps of the regional government, announcing that several important reform steps have been taken in the past, and in the future, several reforms will be made in the old laws, which will be a strong factor in attracting foreign investors and companies to the Kurdistan region.

In another aspect of the forum, Qubad Talabani talked about the government’s strategy to diversify the economy in the region, pointing to the importance of the agricultural and industrial sectors, as French companies and investors, in cooperation with the regional government and local companies, could have an important role in developing these two sectors.

The Deputy Prime Minister referred to the latest developments in the dialogue between Erbil and Baghdad, adding that in order for the regional and federal governments to be able to attract foreign investors, they need political stability, and for that, the agreement between Erbil and Baghdad is a strong factor to ensure security and stability throughout Iraq.

Saleh and Al-Kazemi discuss “civil peace” in Iraq


Barham Salih

Mustafa Al-Kazemi

2021-02-18 09:55

A- A A +

Shafaq News / The Presidents of the Republic, Barham Salih and Ministers, Mustafa Al-Kazemi, discussed on Thursday the latest political and security developments in the country.

The two presidents reviewed, according to a statement by Al-Kazemi’s office received by Shafaq News, “the latest preparations made by the relevant government agencies and the Elections Commission to hold the elections on the scheduled date next October, in a way that ensures that their results are the true expression of the will and choices of the Iraqi people.”

Al-Kazemi stressed during the meeting, “the importance of the reform steps taken by the government, and their positive reflection on Iraq’s economic future, internal security, civil peace and providing opportunities for the youth sector.”

He also stressed “the need to unify the internal ranks in support of the authority of law, and in order to implement the goals for which the government came, which is urging steps in order to achieve the demands and aspirations of Iraqis.”

The Iraqi Parliament talks about the government’s presentation of a “new budget” in the coming months!


Iraqi Parliament

2021 budget

Iraqi Council of Ministers

2021-02-18 07:01

A- A A +

Shafaq News / The Economy and Investment Committee in the Iraqi Parliament revealed today, Thursday, the intention of the Iraqi government to present a “new budget” during the coming months, while explaining the reason for that.

Committee member Nada Shaker Jawdat told Shafaq News, “The Iraqi Council of Ministers has fixed the price of selling a barrel of oil at (45) dollars within the 2021 Budget Law, and oil is currently sold (65) dollars, and this price is subject to increase during the coming period, according to experts and all studies “.

Jawdat indicated that “the surplus of oil prices will be presented in light of a supplementary budget, which the Iraqi government will provide to the Iraqi parliament, during the coming months, and the funds of these Maronites will be complementary to the previous budget and distributed to all Iraqi provinces, each according to the need of projects and others, and the parliament will carefully monitor these funds.” And the way to spend it through the supplementary budget, so that it is far from any suspicions or waste. ”

The halls of the Iraqi parliament are witnessing negotiations between the political forces to reach an agreement on the 2021 budget, without any progress in the matter of voting on it.

Significant progress in negotiations in Baghdad and Erbil .. Parliamentary: Parliament’s schedule for next week includes the budget

Political | 01:23 – 02/18/2021

BAGHDAD – Mawazine News, the

deputy of the Patriotic Union of Kurdistan in the House of Representatives, Dylan Ghafour, confirmed, on Thursday, great progress in the ongoing negotiations in Baghdad on the federal budget for 2021.

Ghafour explained that “the negotiations are proceeding with a high flow between the two sides, and great progress is likely.” Inclusion of the draft federal budget law for 2021 in the agenda of the House of Representatives next week.

And she added: “Two articles in the budget regarding the dues of the Kurdistan region will remain as they came in the draft law,” expressing “optimism for the success of the negotiations that are still continuing soon.”

Parliament is moving to exempt its employees from the ban and expectations of a date for the budget approval session

Time: 02/18/2021 15:13:26 Read: 1,456 times

{Baghdad: Al-Furat News} A parliamentary source revealed that the House of Representatives is in the process of addressing the Joint Operations Command to exclude its employees from the health curfew, which will come into effect on Thursday evening.

The source told {Euphrates News} that “it is expected that the voting session on the draft federal budget law for 2021 will be held early next week.”

Referred to, the Supreme Health and Safety Committee decided, last Saturday, a series of decisions to limit the spread of the Corona virus, including the imposition of a comprehensive curfew on Fridays, Saturdays and Sundays of every week, starting on February 18th (today), while the partial ban on Monday, Tuesday, Wednesday and Thursday is from eight o’clock In the evening and until five in the morning until March 8, 2021, and it will be reviewed according to the epidemiological situation.

The Parliamentary Finance Committee revealed today a semi-final agreement regarding the Kurdistan region’s share in the budget, which represents the contract and the most prominent obstacle in its approval.

The committee pointed out that the agreement satisfies the federal government and the region “expected” to vote on the budget in the middle of next week.

A “semi-final” agreement regarding the region’s share … Parliamentary finances: passing the budget next week


Baghdad / Al-Mawred News

The Finance Committee in the House of Representatives revealed today, Thursday, that a semi-final agreement has been reached regarding the region’s share in the current year budget, expected to vote on it next week.

A member of the Committee, Ikhlas Al-Dulaimi, said in a press statement, “The political blocs have reached an almost final agreement on a new formula regarding the region’s share in the budget.”

She indicated, “The agreement satisfies the federal government and the region,” adding that “there is a common understanding about oil imports and other revenues and the region’s share.”

Al-Dulaimi expected, “voting on the budget in the middle of next week after writing the final agreement within Article 10 of the budget and finalizing the drafting of tables and other attachments.”

The President of the Republic is discussing with the US ambassador to develop prospects for cooperation within the strategic dialogue



Baghdad / Al-Mawred News

The President of the Republic, Barham Salih, discussed today, Thursday, with the US Ambassador to Iraq Matthew Toller, ways to develop prospects for cooperation in the context of the strategic dialogue. 

The media office of the President of the Republic said in a statement, “President Saleh received the US ambassador to Iraq, Matthew Toller, at Baghdad Palace, and during the meeting, they discussed the close bilateral relations and various aspects of joint cooperation between the two countries, and ways to develop the prospects for cooperation in the context of the strategic dialogue. To a strategic partnership in various fields that serves mutual interests and returns peace and benefit to the two peoples and the entire region. ”  

According to the statement, Saleh stressed “the need to continue coordination to combat terrorist remnants, and to consolidate the state’s authority to enforce the law and respect its sovereignty, stressing at the same time the importance of easing tensions in the region and not involving the country in the conflicts of others.” 

For his part, “the American ambassador expressed his country’s commitment to supporting the security, stability and prosperity of the country, consolidating its sovereignty, and strengthening bilateral cooperation in various fields.”

Al-Halbousi bloc: for the next 48 hours, the region’s share of the budget will be deducted



The Iraqi budget

Share of Kurdistan

2021-02-18 03:01

A- A A +

Shafaq News / The representative of the Iraqi Forces Bloc, Abdul Khaleq Al-Azzawi, confirmed, on Thursday, the continuation of discussions and political dialogues to settle the share of the Kurdistan Region in the budget law, while noting that the next 48 hours will guarantee the settlement of the region’s share.

Al-Azzawi told Shafaq News, “The Parliamentary Finance Committee has resolved all the outstanding issues in the draft general budget law, and only the share of the Kurdistan Region remains, but the political discussions and dialogues are still continuing after resolving a percentage of the region’s dues file.”

He added that “the budget law cannot be ignored in light of the current repercussions, economic conditions and the health crisis, especially after taking a series of preventive measures and imposing a curfew in the country.”

The representative of the Iraqi Forces Bloc, headed by Muhammad al-Halbousi, Speaker of Parliament, stated that “the next 48 hours will ensure a political agreement and the settlement of the Kurdistan Region’s share in the Budget Law.”

Last December, Baghdad and Erbil reached an agreement on the financial budget, stipulating that the region hand over 250 thousand barrels of oil per day, and half of the revenues from border crossings and others to the federal government, in exchange for a share in the budget of 12.6 percent.

The agreement was included in the draft budget, but Shiite factions in Parliament reject the agreement, which impedes its passage in Parliament.

The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget

Time: 02/18/2021 10:33:30 Read: 1,989 times

{Baghdad: Al Furat News} A senior Kurdish official revealed signs of approaching and agreeing with Baghdad regarding the share of the Kurdistan region in the federal financial budget for 2021.

Samir Hawrami, spokesman for the deputy head of the regional government and the head of the Kurdish negotiating delegation, Qubad Taliban, said in a press statement, that “there are signs of approaching a compromise formula close to the text of the draft budget law that was agreed upon between the regional government and the federal government.”

And that Talabani “continues in the meetings and consultative meetings with the political blocs and personalities to reach a consensus formula that satisfies all parties, according to the constitutional requirements.”

A source familiar with the details of the negotiations’ progress said that there is an understanding “of the region’s commitment to deliver 250,000 barrels of oil per day at the price of the Federal National Oil Company (SOMO), provided that the regional government will market it, in addition to 50 percent of the imports of the border crossings.”

The source explained, “There are political parties working to delay and procrastinate in reaching an agreement, with the aim of sending the draft law to the House of Representatives without prior agreement, and this is discussed in the parliament session and turning the issue into a political bid and an electoral winning card,” he said.

It is noteworthy that the Parliamentary Finance Committee prefers to submit the budget bill to a vote in Parliament, next week. 

The committee reduced the size of the budget from 164 trillion dinars to about 127.5 trillion dinars, and raised the estimated price for a barrel of oil from 42 to 45 dollars a barrel.

Article {11 – first} of the draft budget stipulates the settlement of receivables 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 oil The crude produced from its fields, and that the oil and non-oil revenues are delivered to the state treasury exclusively.

Ammar Al-Masoudi