After Halabousi’s vacation.. Calls to speed up the approval of the financial budget and Maliki coalition: Disrupting it is political malice

PoliticiansIraqApproval Of The BudgetInvitations

2023-03-31 07:48Font

Shafaq News / The “Dezm” alliance called on Friday to expedite the sending of the budget law to the Finance Committee for the purpose of studying it and placing it on the agenda of parliament.

“The Alliance of Resolve calls on the First Vice-President of the House of Representatives and the Deputy Speaker of Parliament to expedite the transformation of the General Budget Law from the Presidency of Parliament to the Finance Committee for the purpose of studying it and placing it on the agenda of the Council at the earliest session,” the alliance said in a statement today.

He added that “this law carries great and sensitive importance related to the strength of the Iraqi people and to the economic, administrative and social consequences of its adoption, in implementation of the covenant made by the Council and the deputies on themselves in serving the homeland and seeking to approve legislation and laws that are in the interest of the citizen.”

Meanwhile, MP for the State of Law Coalition, Mohammed Saadoun Al-Sayud, called on all political blocs to assume “national responsibility towards the people and their interests, which are in including the federal budget among the most important tasks entrusted to the work of the House of Representatives, the presidency and members.”

Al-Sayud explained in a statement today that “the step of the Sudanese government in providing a solid budget for the next three years is nothing but a corrective process for the government’s work to provide the best, most effective and most service to the government institutions and the interests of Iraq and Iraqis, as delaying the approval of the budget is not in the interest of anyone, especially as we are living a revolution of government reforms at all administrative, financial and service levels.”

The parliamentarian also appealed to everyone to stay away from political quarreak and partisan interests, describing the process of disrupting the budget approval as “the political malice that was caused by personal benefits and obstruction of the Sudanese, which has become clear to the public his procedures, steps and wise decisions in presenting his national project before the secretariat entrusted to him.”

The Speaker of the Iraqi Council of Representatives, Mohammed Al-Halbousi, granted himself on Thursday a 15-day leave starting from April 3, while he authorized his first deputy to manage the sessions of the Council.

On Monday, March 13, the Iraqi Council of Ministers approved the draft budget law for the years 2023, 2024 and 2025 and referred it to the House of Representatives.

The last budget approved in Iraq dates back to April 2021, while one was not adopted in 2022 due to the political turmoil that paralyzed the country for a year after the last legislative elections.

https://shafaq.com/ar/سیاسة/بعد-جازة-الحلبوسي-دعوات-لل-سراع-في-قرار-الموازنة-المالية

Central Bank sets 4 measures to support Iraqi dinar power

Pratha News Agency 201 2023-03-30

The Central Bank of Iraq, on Thursday, identified four measures to support the strength of the Iraqi dinar, while confirming that its packages met most market demands and contributed to the decline of the dollar, and announced that the problem of dollar contracts was addressed for some departments.

“The Central Bank has taken a set of packages to support the Iraqi dinar power process, promote external transfer, trade financing, study and others,” said Mohammed Younis,” the assistant director general of the Investment Department at the bank, Mohammed Younis, in an interview.

Younis added that “the dollar began to decline against the dinar continuously as a result of these packages that met most of the Iraqi market’s demands,” noting that “this contributed to reducing the difference between the official and parallel exchange rate.”

“Iraq is an importer of everything and therefore the size of its large demand for the dollar sometimes makes it strong against the dinar,” he said, pointing out that “the central bank’s actions are supported by the decisions of the prime minister and the cabinet.”

He stressed “the need to combine all efforts to support the strength of the dinar through measures, firstly, to support the local product, secondly to reduce import operations, thirdly to control the markets and fourth to control border crossings,” noting that “most of the markets have started dealing with the Iraqi dinar and this will contribute to supporting it.”

He pointed out that “some circles faced a problem because their contracts are in dollars, but the Council of Ministers and the Central Bank began to solve these problems,” stressing that “Iraq has more than 130 tons of gold.”

http://burathanews.com/arabic/economic/428631

Central Bank: Restrictions on sales have been liberalized and we can sell any amount of dollar

Economy – 30-03-2023 09:51 PM – Reads: 11939

The Central Bank of Iraq, on Thursday, identified the reasons for the gradual decline in the price of the dollar in the past two days, while noting that the difference between the official and parallel exchange rates will gradually disappear. “The Central Bank has taken several measures to lower the dollar rate, especially through the three packages launched earlier this year, which were capable of addressing the rise in the exchange rate in the parallel market,” Deputy Governor Ammar Hamad Khalaf said in a statement to state television.

He added that “the bank met with the Federation of Iraqi Chambers of Commerce and a number of traders to discuss the challenges and develop mechanisms to address them,” suggesting the issuance of new packages to address all the challenges facing traders to facilitate their access to foreign currencies. He explained the gradual decline in the dollar rate in the past two days to the increase in the volume of central bank sales,” noting that “the bank has liberalized restrictions on sales, and the bank can sell any amount of dollar as long as there is real demand for the dollar,” explaining that “the difference between the official and parallel exchange rates will gradually disappear.” He pointed out that “Iraq does not need to establish new banks at the present or future, but rather activate existing banks, pointing out that “there are more than 70 government and civil banks,” noting that “The central bank is serious about sorting good banks from the bad.” He pointed out that there is a great response by banks to the Central Bank’s instructions on the official exchange rate,” calling at the same time to facilitate the procedures of traders’ transactions quickly.

https://www.dijlah.tv/index.php?page=article&id=326316

Parliament’s decision: Parliamentary finances will receive the budget early next week and approve it within a month

• Time: 2023/03/31 11:22:21
• Read: 533 times

  

{Politician: Al-Furat News} The Rapporteur of the House of Representatives, MP Gharib Askar Al-Tarkmani, announced the arrival of the draft financial budget law to the Parliamentary Finance Committee early next week.

Al-Turkmani told {Euphrates News} that: “The final committee will discuss the budget and make some amendments to it and then it will be discussed within the dome of parliament.”
“The passage of the budget law in Parliament could take one to two months,” he added.
On March 16, the House of Representatives announced that it had received the draft budget law.
It is noteworthy that the Council of Ministers approved in its session on March 13 the three budgets and referred them to Parliament for approval.
Prime Minister Mohammed Shia Al-Sudani said, after the council meeting in a press conference, that: “The total budget is more than 197 trillion dinars, the operational budget is more than 150 trillion dinars and investment is more than 47 trillion, and the budget deficit is 63 trillion dinars.”
He pointed out that “the total revenues amount to more than 134 trillion dinars, and oil revenues of them amount to more than 117 trillion based on the price of oil at $ 70, and non-oil revenues amount to more than 17 trillion dinars.”

Raghad Daham

https://alforatnews.iq/news/مقرر-البرلمان-المالية-النيابية-تتسلم-الموازنة-مطلع-الأسبوع-المقبل-واقرارها-خلال-شهر