The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar.

A representative source said {for the Euphrates News} that “it was agreed to transfer the budget from the dollar to the Iraqi dinar, in order not to delay its approval and isolate it from the differences of the rise of the dollar.”

He pointed out that “a proposal was made to follow up on the issue of the dollar with the central bank and finance in other sessions without marketing the crisis to the budget after it was agreed to transfer the budget from the dollar to the dinar.”

Al-Fateh agrees to pass the budget after agreeing to its terms


Conquest Alliance

Budget law

2021-03-31 10:42

Shafaq News / The Al-Fateh Alliance, led by Hadi Al-Amiri, agreed on Wednesday to pass the budget bill, after stipulating that some treatments be included in the draft law.

Al-Fateh MP Ahmad Al-Asadi said, in a statement received by Shafaq News, that his coalition agreed to pass the budget “after putting in place solutions to support the poor and not tying Iraq to foreign debts, including deleting 60% of the foreign loans included in the draft budget bill.”

He added that Al-Fateh also stipulated “not to implement projects for the construction of investment power stations before being audited by the Federal Office of Financial Supervision for all stages of the assignment, provided that they be implemented by discreet international companies.”

Al-Asadi pointed out that the coalition “proposed an increase of 50 thousand dinars to the price of strategic crops, wheat, barley and rice, and an increase in the salary of those covered by social care an amount of 75 thousand dinars per month.”

He stressed “the inclusion of 300 thousand people with social care, and the increase of the ration of the people covered by care to be 12 classes annually in all its terms, in addition to supporting the people of the popular crowd.”

Iraq and Saudi Arabia sign 5 agreements

Time: 03/31/2021 18:13:50 Read: 1,560 times

{Politics: Al Furat News} Iraq and Saudi Arabia signed 5 agreements in the presence of Prime Minister Mustafa Al-Kazemi and Saudi Crown Prince Mohammed bin Salman.

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here

Bin Salman had received Al-Kazemi today, Wednesday, upon his arrival in Riyadh on an official visit to Riyadh, where they held a session of talks focused on increasing cooperation between the two countries in addition to the latest developments in the region.

Meetings were held at the coordination council level between the two countries, where 5 agreements were signed, in financial, commercial, economic, cultural and media fields.

The Iraqi delegation also included governors of border provinces with Saudi Arabia to discuss increasing border crossings between the two countries.

The Saudi ambassador to Iraq, Abdulaziz Al-Shammari, said earlier that Al-Kazemi’s visit to the Kingdom today “is important and comes at an important time. A number of political, security and economic issues will be discussed, and a number of agreements will be signed in several areas.”

Ammar Al-Masoudi

The Iraqi parliament votes on the share of the Kurdistan Region in the general budget

Kurdistan Region

Kurdistan Region


The budget

2021-03-31 10:20



A +

Shafaq News / The Iraqi parliament voted, on Wednesday, on Article 11 of the General Budget Law for the Kurdistan Region’s share, after a tug of war that lasted for months.

Article 11 states:

First: Dues are settled between the federal government and the Kurdistan Region for the years from 2004 to 2020 after the Federal Office of Financial Supervision, in coordination with the Regional Office of Financial Supervision, audited them to show the final accounts approved by the Federal Office of Financial Supervision from the financial revenues and expenditures achieved after excluding the sovereign expenditures and what happened His spending for the region is among the ruling expenditures.


A- The Kurdistan Regional Government is committed to producing crude oil from its fields at a rate of quantities not less than 460 thousand barrels per day, and the quantities necessary to cover production, transportation and operating expenses are excluded according to the data provided and the quantities consumed locally in the region and the quantities that cover the allocations of the region’s share of petrodollars, provided that they are not less The quantities delivered are based on the amounts realized from the sale of 250 thousand barrels of crude oil per day at the price of SOMO.

Paragraph (a) above shall be implemented in coordination between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Regional Government.

A The Kurdistan Regional Government is obligated to deliver non-oil revenues to the state treasury and according to the Federal Financial Administration Law, provided that the Federal Office of Financial Supervision in coordination with the Office of Financial Supervision in the region audits the data related to those revenues.

D- The balances of the Iraqi Trade Bank owed by the Kurdistan Regional Government are settled with government and private banks, and the Ministry of Finance schedules monthly installments to be deducted from the region’s share, starting from the year 2021 for a period of 7 years.

E – The federal government shall pay the Kurdistan Region’s dues mentioned in this law and the tables attached to it after the region has implemented paragraphs (a, b, c, d) of this article.

Third – obligating the Kurdistan Region to provide the Federal Ministry of Finance, after auditing the Federal Office of Financial Supervision, in coordination with the Office of Financial Supervision in the region, with the functional staffing of the formations affiliated to it (civil – military) distributed by class, vacant and occupied job title, and gender according to the numbers specified for it according to a schedule

Manpower (C) attached to this law no later than 6/30/2021.

The Iraqi parliament votes on the share of the Kurdistan Region in the general budget

Kurdistan Region

Kurdistan Region


The budget

2021-03-31 10:14

The Iraqi parliament votes on the share of the Kurdistan Region in the general budget

Parliament votes on Articles 1 and 2 of the Budget Law

Political | 04:33 – 31/03/2021

BAGHDAD – Mawazine News

The House of Representatives voted, on Wednesday, on the first and second articles of the draft federal budget bill for the fiscal year 2021.

The Media Department of Parliament stated, in a statement received by Mawazine News, a copy of it, that “the House of Representatives voted on the first article and the article The second of the Federal Budget Law of the Republic of Iraq for the year 2021. ”

Earlier today, Wednesday, the House of Representatives held its special session to vote on the draft federal budget bill for the fiscal year 2021, headed by the Speaker of Parliament, Muhammad al-Halbousi, and the presence of 215 deputies.

A parliamentary bloc announces a boycott of the session to vote on the budget and clarifies its position on dissolving Parliament

Political | 02:13 – 31/03/2021

BAGHDAD – Mawazine News

The Parliamentary Approach Bloc announced, on Wednesday, a boycott of the vote on the draft federal budget law, while it revealed its position on the decision to dissolve Parliament.

The bloc stated in a statement that Mawazine News received a copy of, that “while we announce our support for the vote on the decision to dissolve the House of Representatives in preparation for holding early elections that expressed the demand for a broad popular will to bring about real political change, we affirm our commitment to our firm stance to boycott the vote.” On the 2021 budget, as it contains disastrous articles that threaten the country’s economic and social stability. ”

The bloc added that the most prominent reasons for boycotting the vote that I put forward are summarized by “returning the exchange rate to what it was previously, and the abolition of Article 38, which permits the privatization of all productive and service sectors of the state and allows the participation of investors and contractors in the ownership of oil and gas fields, power stations, Iraqi airlines aircraft and banks.” Governmental. ”

She added that among the bloc’s proposals to vote on the budget, “abolishing Articles 42 and 41 that allow the sale of state-owned agricultural lands to those with the right to dispose of at a value much less than its real value and will create widespread social conflicts, and abolishing Article 47, which allows the sale of the state’s financial assets, including industrial, infrastructure, etc. And that the deficit should not exceed 3% of the gross domestic product, meaning that it does not exceed 7 trillion Iraqi dinars. ” Ended 29 / p4