KTFA
Samson » January 8th, 2020
Deputies moved to pressure the government to send the 2020 budget
12:01 - 08/01/2020
Member of the Parliamentary Finance Committee Thamer Diban, revealed, on Wednesday, a parliamentary move to pressure the government to send the federal budget for the year 2020 to the House of Representatives, indicating that there is an urgent need for ministries and provinces to speed up budget legislation.
Theban said in a statement to "Information", that "the public budget belongs to the general public and the government and its delay by the government will negatively affect the basic needs of citizens."
He added, "The House of Representatives began by pressing the government to send the budget to the Finance Committee and the Presidency of the Council to complete its approval in the upcoming sessions."
Theban said that "keeping the budget in the inclusion of the government is not in the interests of ministries and provinces, because many projects will stop due to the failure to allocate funds to them."
LINK
Iraq begins work on two projects within the Chinese agreement
8th January, 2020
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, said that Iraq started working on two vital projects in the oil and energy sectors within the agreement signed with the Chinese side
Saleh said in a dialogue held in cooperation with the Iraqi Economic and Political Center, that "the agreement entered into force as of the first of October and since the beginning of this year, nearly half a billion dollars has entered the balance of the sovereign account of Iraq with China
He pointed out that this return is the result of "exporting 100 thousand barrels per day" and it will be spent to finance infrastructure projects in Iraq
The financial advisor emphasized that "Iraq started working on two projects within the Chinese agreement, namely; building a project of a thermal power station in northern Baghdad with a capacity of 1400 megawatts and a project for strategic oil storage in southern Iraq
He pointed out that the agreement with China extends for 20 years to rebuild dilapidated infrastructure in Iraq
Saleh added that Iraq is likely to raise its oil exports to China to 300 thousand barrels per day instead of 100 thousand b/d if he sees his interest as necessary LINK
Deputy: Saturday session will witness the inclusion of the Alternative Budgetary Financial Management Law
12:21 - 08/01/2020
Member of the Parliamentary Services Committee Abbas Owaid revealed, on Wednesday, that next Saturday's session will witness the inclusion of the federal civil service and financial management laws, noting that the Financial Management Law for the provinces to spend the money until the federal budget is completed.
"A session on Saturday will hopefully witness the inclusion of a series of federal civil service laws and the amendment of the Financial Management Law," Awaid said in a statement to "The Information."
He added that "there are service and political bills that will be put on the agenda of the upcoming sessions to be completed before going for a legislative holiday," noting that "there is a parliamentary movement to present a draft law to remove all foreign military forces from Iraqi territory."
Awaid pointed out that "the most prominent law that will be discussed is the amendment of the Financial Management Law to continue the governorates with the disbursement of funds until the 2020 budget is approved." LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Samson » January 8th, 2020
Deputies moved to pressure the government to send the 2020 budget
12:01 - 08/01/2020
Member of the Parliamentary Finance Committee Thamer Diban, revealed, on Wednesday, a parliamentary move to pressure the government to send the federal budget for the year 2020 to the House of Representatives, indicating that there is an urgent need for ministries and provinces to speed up budget legislation.
Theban said in a statement to "Information", that "the public budget belongs to the general public and the government and its delay by the government will negatively affect the basic needs of citizens."
He added, "The House of Representatives began by pressing the government to send the budget to the Finance Committee and the Presidency of the Council to complete its approval in the upcoming sessions."
Theban said that "keeping the budget in the inclusion of the government is not in the interests of ministries and provinces, because many projects will stop due to the failure to allocate funds to them."
LINK
Iraq begins work on two projects within the Chinese agreement
8th January, 2020
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, said that Iraq started working on two vital projects in the oil and energy sectors within the agreement signed with the Chinese side
Saleh said in a dialogue held in cooperation with the Iraqi Economic and Political Center, that "the agreement entered into force as of the first of October and since the beginning of this year, nearly half a billion dollars has entered the balance of the sovereign account of Iraq with China
He pointed out that this return is the result of "exporting 100 thousand barrels per day" and it will be spent to finance infrastructure projects in Iraq
The financial advisor emphasized that "Iraq started working on two projects within the Chinese agreement, namely; building a project of a thermal power station in northern Baghdad with a capacity of 1400 megawatts and a project for strategic oil storage in southern Iraq
He pointed out that the agreement with China extends for 20 years to rebuild dilapidated infrastructure in Iraq
Saleh added that Iraq is likely to raise its oil exports to China to 300 thousand barrels per day instead of 100 thousand b/d if he sees his interest as necessary LINK
Deputy: Saturday session will witness the inclusion of the Alternative Budgetary Financial Management Law
12:21 - 08/01/2020
Member of the Parliamentary Services Committee Abbas Owaid revealed, on Wednesday, that next Saturday's session will witness the inclusion of the federal civil service and financial management laws, noting that the Financial Management Law for the provinces to spend the money until the federal budget is completed.
"A session on Saturday will hopefully witness the inclusion of a series of federal civil service laws and the amendment of the Financial Management Law," Awaid said in a statement to "The Information."
He added that "there are service and political bills that will be put on the agenda of the upcoming sessions to be completed before going for a legislative holiday," noting that "there is a parliamentary movement to present a draft law to remove all foreign military forces from Iraqi territory."
Awaid pointed out that "the most prominent law that will be discussed is the amendment of the Financial Management Law to continue the governorates with the disbursement of funds until the 2020 budget is approved." LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
0 Comments: