{Local: Euphrates News} Deputy Prime Minister and Foreign Minister Fouad Hussein arrived on Thursday in the city of Bern in Switzerland with an official visit.
According to a statement, according to a statement by the Foreign Ministry {Euphrates News} received a copy of it, will hold a series of political meetings with Swiss officials.
The Foreign Ministry’s statement added, Fouad Hussein is also participating in other meetings to discuss many issues related to strengthening bilateral relations between the two friendly countries and ways to develop them.
The Chairman of the Securities Commission, Faisal Al-Haims, confirmed today, Wednesday, that the Authority is considering the possibility of licensing brokerage companies to trade in the shares of global exchanges.
“The authority began studying the licensing of brokerage companies to trade in global stock exchanges through a technical committee within it,” Al-Haims said in a statement received by “Economy News”.
He added, “The authority is working seriously to support and develop the stock market by studying the licensing of brokerage companies to enable them to trade the shares of global stock exchanges for the first time in Iraq.”
He explained, “This step comes in the context of protecting citizens’ rights to trade through brokerage companies that practice this activity without an official license by the Securities Commission, which seeks to develop financial markets in the country,” noting that “the authority is working to provide a stimulating and orderly investment environment, which contributes to enhancing confidence among investors and raising Iraq’s position in the global financial markets.”
The Chairman of the Finance Committee, Atwan Al-Atwani, confirmed, on Thursday, the hosting of the Minister of Finance at the beginning of next week on the 2024 budget schedules.
“The Minister of Finance will be hosted early next week on 2024 budget schedules,” the media office of the head of the Finance Committee said in a statement, seen by “Economy News.”
“The finance minister will be discussed the reasons for the increase in operational expenses as well as the funding file,” he added.
He continued, “We agreed to complete the discussions of the Angel Amendment Act at the next meeting; in order to submit it to the House of Representatives for the purpose of voting on it.”
{Economic: Euphrates News} The appearance of Mohammed Saleh, financial advisor to Prime Minister Mohammed Shia Al-Sudani, signed the approval by the House of Representatives of the financial budget schedules for 2024 before the Eid al-Adha holiday, which falls in the middle of next June
Saleh told {Euphrates News}, “He notes that the level of coordination and harmony between the legislative and executive authorities will accelerate the approval of the financial schedules of the year 2024 by the House of Representatives, in implementation of the provisions of Article 77/S of the Federal Public Budget Law (Tripartite) No. 13 of 2023.”
He added, “What is expected is that the House of Representatives will approve the financial schedules mentioned before the Eid al-Adha holiday as a maximum, according to what some members of the House of Representatives have noted.”
Saleh pointed out that “the delay affects the movement of investment spending for new projects that the government planned to promote and in accordance with its ministerial program to serve the achievement of the goals of sustainable economic development in our country.”
In an extraordinary session last Sunday, the Council of Ministers approved the 2024 budget schedules, while the Secretariat of the House of Representatives announced yesterday the receipt of the schedules.
The parliamentary finance committee began to discuss budget schedules, amid weightings to vote on them before June 9.
A member of the Parliamentary Finance Committee, Alaa Al-Haidari, said in a press statement that “Parliament has the powers to pressure spending and transfer funds, and this is related to the views on the schedules of allocations of services to the provinces,” noting that “the Council has extended its legislative holiday pending budget schedules, and the remaining time period of the month, which was extended by the parliament is sufficient, and we expect the budget to vote on before June 9.”
The head of the Finance Committee, Atwan Al-Atwani, explained in a press statement that the committee “held continuous meetings to discuss the 2024 budget schedules and consider financial policy,” explaining that it will “add the ministers of finance and planning to discuss current and investment expenses and budget paragraphs related to securing the necessary needs for the citizen, contracts and appointments.”
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