Urgent .. Abadi: budget processed within 48 hours

 February 5, 2013

Twilight News / announced the Finance Committee in the House of Representatives on Tuesday that the current year budget 2013 ready for a vote during the next 48 hours, indicating that he will be given a grant for retirees reach one million and two hundred thousand dinars.

The head of the parliamentary Finance Committee Haider Abadi told a news conference attended by "Twilight News", that "the budget in 2013 will adopt during the next 48 hours after the completion of the dilemmas which was broken."

He explained that he "will give a grant for retirees per million and 200 thousand dinars and by a hundred thousand dinars a month."

He added that "the Finance Committee also agreed with the Council of Ministers to allocate 300 billion dinars a contingency budget for natural disasters that hit the country recently from partial flooding and earthquake in the province of Dhi Qar, and that the current year's budget will focus on segments task Kalmottagaeidin and social welfare."

He pointed out that "No budget where many problems, but on the contrary there is a continuous work in order to form a fund for the Iraqi people, rather than the distribution of surplus cash from oil, and that will reduce the corruption process."

Abadi stressed "the existence of proposals to give the private sector pensions, and even those who work in the media."

Regarding retirees dissolved entities Abadi said, "was allocated amounts for them in the general budget for the current year."

And "not fully settle the matter because he did not know the number of retiring them, and those who return to their jobs overall number is not large."

The parliamentary Finance Committee said earlier that the current political problems caused the delay in the adoption of the budget for the current year.

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Urgent .. Parliament postpones vote on the federal budget to next Thursday

February 5, 2013

{Baghdad: Euphrates News} announced the Presidency of the Council of Representatives during a meeting with leaders of parliamentary blocs to postpone the vote on the federal budget next Thursday.

A source familiar from inside the building of the House of Representatives for the Euphrates News Agency {} on Tuesday that "the Presidency of the parliament decided to postpone the vote on the federal budget next Thursday for the presence of the clashes."

It was hoped that the vote of the House of Representatives on Tuesday on the federal budget for the current year. Ended

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Parliamentary Finance Committee: - The federal budget will be voted on this weekend.

02/03/2013

{Baghdad Ambassador: News}

The parliamentary Finance Committee announced, that the federal budget will be voted on this weekend.

A member of the committee, Mustafa Shoresh, in a press statement, said that "there are proposals submitted by the political blocs and parliamentary committees and some members of the House of Representatives, and most of these suggestions and observations taken into consideration by our committee and we have made ​​in the proposal to amend the budget," adding that "in the final this week, Parliament will vote on the budget. "

The Council of Ministers has approved the draft budget for 2013 amounting to 138 trillion dinars in 23 of October of last year, as the House of Representatives ended the first and second reading, but the budget was put to the vote so far because of differences between the political blocs

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Mahma Khalil: Agreements government Krodstan with the Kuwaiti delegation is not entitled to constitutional members of the House of Representatives to address the region to see its details

  26/01/2013

Baghdad (news) .. Noted MP / Kurdistan Alliance / Mahma Khalil, that members of the House of Representatives has no right to them to address the region to know what type of agreements concluded by the region with the Kuwaiti delegation which recently visited, confirming that it was within the powers of the region.
Khalil said (of the Agency news): The government Alathadahha authorized only one who can address the region to see the agreements that have taken place, and there is government institutions in the Kurdistan recognized by the federal government, and if there is bypass the Constitution by region Fbamkan central government to address these institutions to learn Details of the agreements that have occurred with the Kuwaiti delegation.

He added: confident the credibility of the Integrity Committee, but committee member MP high Nassif trying to pressure the KRG consistently and unfairly in this regard, pointing out that the Kurdistan Region respects all decisions made by the parliament and parliamentary committees.

The delegation visited Kuwait Kurdistan few days past and held a series of meetings with many officials Kurds led by President of Kurdistan Region Massoud Barzani, while demanded a member of the Integrity Commission Deputy High Nassif authority of the Kurdistan Region to disclose agreements held by the region with the Kuwaiti delegation. / End / 12 . d. Q /

 

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Parliament: linking central bank auction electronic network with financial institutions will reduce corruption and support the national currency

 26/01/2013

Baghdad (news) .. praised a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed Hussein, step the central bank to link the auction on the sale of hard currency electronically with institutions Bank and the Ministry of Finance and the General Authority for taxes will reduce the financial corruption and will support the national currency in the country.
Hussein said (of the Agency news): The new technology when applied correctly and in accordance with modern global mechanisms will reduce the boring routine of prevailing in all government departments will support the national currency and the central bank because it will shorten the time and perform transactions as soon as possible.

He added: You must develop the financial and banking services with the latest technology to keep pace with global developments in banks and international financial institutions to contribute to the support and development of the national economy.

It was announced the Central Bank of Iraq, on the implementation of the steps the electronic linking of information daily auction of foreign currency between institutions Bank and the Ministry of Finance and the General Authority for taxes.

The central bank held the Iraqi weekly auction of five meetings for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar. / End / 8. N. P /

 

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Economist: activate economic agreements with European countries will develop the Iraqi economy

  26/01/2013

Baghdad (news) .. Economic expert called Salem Daini, the need to activate all the agreements held with European countries and developed to support and develop the national economy.
Daini said (of the Agency news): Iraq has signed agreements with various economic sectors with European and Asian countries advanced in the areas economic Kalczyk and Ukraine, Sweden, Germany, China and Korea, but still is disabled.

He added: that the activation of these agreements will contribute to the development of the Iraqi economy because those states its cumulative experience in the fields of industry, agriculture and other important economic sectors.

Iraq has signed a series of economic agreements with several countries, some of which still is disabled by the Council of Ministers and other legislation awaiting ratification by the House of Representatives. / End / 8. N. P /

 

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Bank: Central Bank committed all banks to develop their work in terms of the use of modern systems

  26/01/2013

Baghdad (news) .. According to Executive Director of the Association of private banks Abdul Aziz Hassoun, that the central bank face a speech for banks to develop their work through the introduction of modern systems and the use of technological banking.
Hassoun said (of the Agency news): The Central Bank issued a decision committed by all private banks and government using sophisticated banking systems to be able to keep up with developments in international banks.

He added: that this decision will help to develop the banking sector and to enter the competition in global markets, plus it will help to attract foreign investments and contribute to the development process.

It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed according to ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks. / End / 8. N . p /

 

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