Posts Tagged ‘Federal Ministry of Finance’

The House voted today on the federal budget law for fiscal year 2013, which was calculated its revenue from export of crude oil on the basis of the average price of $ (90) dollars per barrel.

Resolution No. ()

Building “on what passed the House in accordance with the provisions of sub-section (I) of Article (61) and item (iii) of Article (73) of the Constitution
President of the Republic decided on / / 2013
Issuing the following law: (more…)

Version 10 has been read once
Author: the future of Iraq

08/30/2012 12:00 am

Trade Minister that tariff law new will not be applied before the adoption of the electronic system at the border crossings of the country.

said Khairallah Hassan that “tariff law passed by the Iraqi parliament in 2008, was scheduled to be applied on the first of June in the country’s border crossings with neighboring countries, including border crossings located in the province of Kurdistan, is that law enforcement will not be before the adoption of the electronic system in those crossings. ” (more…)

Sulaimaniya, July 15 (Rn) – A member of the Commission on oil and gas in the Iraqi Council of Representatives, on Sunday, the formation of two committees to resolve outstanding problems between the KRG and the federal government in this context, noting that the two Tdman in Edoitema Minister and stakeholders in oil and gas in the Arbil and Baghdad. (more…)

TUESDAY, MAY 29 / MAY 2012 16:29

called on the Federal Ministry of Finance, on Tuesday, the U.S. Treasury Department and the World Bank to support and to support the banking and financial sectors in Iraq.

The Finance Minister Rafie al-Issawi received U.S. ambassador to Iraq, ended its James Jeffrey and a number of accompanying him in the U.S. Treasury. (more…)

On: Friday 6/4/2012 6:36

Exposed to economic and investment commission for the formation of a parliamentary committee to look into the laws that proceeded to the investment sector, and House Speaker Osama Najafi has called for a review of legislation in the field of investment, stressing the need to establish a consortium of banks to date.

At the same time announced the government spokesman, Ali al-Dabbagh that the Council of Ministers

And approved a draft law of the Islamic Bank of rivers of the auditor by the State Council and submitted to the House of Representatives.

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Baghdad, 23 March (Rn) – The Federal Ministry of Finance on Wednesday, that the proceeds of border crossing points for the year 2010 amounted to 431 billion dinars.

The Director General of the Directorate General of Customs Nofal Khalil told the Kurdish news agency (Rn) that “the financial revenues of the border ports in 2010 amounted to 421 billion Iraqi dinars after it was established a new mechanism for regulating the borders.”

And announced the Directorate General of Customs border that Iraq’s revenues from the customs border and arrived in the month of January last up to 34 billion dinars.

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BAGHDAD – The Feed – member of a coalition Kurdish blocs that the law of Khalid Huani the Federal Court is still under study within the Council of Representatives.

He added Huani told news public opinion (and babysit): “The nomination of judges and the selection mechanism and how to vote on them in the House of Representatives are still in the process study and need to be discussed more.”

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Cabinet agreed yesterday to form a committee to draft a law determining the salaries and allowances of civil servants from the Director General and above and to consider the possibility of amending the salary scale.

The Minister of State, the government spokesman Ali al-Dabbagh said in a statement that the committee will be chaired by the Secretary-General of the Council of Ministers and the agency and the membership of the Legal Adviser and Head of the Legal Department in the Secretariat and the Director of Legal and Ministry of Finance and representatives of the Presidency and the Office of Financial Supervision.

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Finance Minister Rafie al-Issawi approval of the Council of Ministers on the allocation of dollars for every barrel of oil for each province to not possess more resources in.

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Iraq’s cabinet approved on Sunday, the current year budget modified after an increase of three billion dollars to be worth 81.9 billion dollars, a deficit of value of $ 13.3 billion, while the government spokesman said the Cabinet grants and Minister of Finance to borrow from the World Bank and the Fund International Monetary.

He said Iraqi government spokesman Ali al-Dabbagh said in an interview for “Alsumaria News”, “The Council of Ministers approved at an extraordinary session held on Sunday, for the current year budget of 2011, worth 96.6 trillion Iraqi dinars (81.9 billion dollars), after making adjustments and the addition of three billions of dollars. “

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Revealed the Ministry of Finance, on Sunday, the details of adjustments made to the budget of the Federal Assembly following approval at a special meeting of the Council of Ministers, noting that the Ministry of Trade had the largest share of allocations, as well as the allocation of amounts of compensation for some provinces, announcing the development of two windows Muslim nations banker Mesopotamia and the good to deal with riba-based borrowing at the request of Aloagafin Shiite and Sunni.

He said Rafie al-Issawi in an interview with “Alsumaria News”, “The Cabinet meeting today included a discussion of important matters such as renewal of the adoption of the subject of petrodollars in the provinces which had been allotted a dollar for every barrel of oil product and they also added a new item in the budget for the provinces ports do not contain a border or the production of oil, where it was authorize the Minister of Finance to return another $ fled to the provinces of the budget resulting from increased production and increased prices, according to population density to compensate those provinces. “

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Iraqi lawmaker called for an independent, Saturday, the Iraqi government to distribute 25% of oil revenues to people directly, while the prime minister also called using his powers to dismiss conservatives “losers” dissolution of poor provinces.

The MP said Sabah al-Saadi told a press conference at the parliament building and attended “Alsumaria News”, “The Iraqi government allocated 25% of oil imports to be distributed directly to citizens,” adding that “the oil belongs to the people and their right to obtain and imports,” referring to the “This measure will reduce poverty and change the reality of people’s tragic.”

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Announced that the Finance Committee in the Iraqi Council of Representatives, Thursday, that the Iraqi government will launch a 288 thousand degrees and careers as soon as the ratification of the federal budget for the current year 2011, the expected approval of mid-February this after reading the second reading next week in Parliament, as revealed on the proposals made by the specific the further development of the regions and the national fund dinar and went to reconsider all the salaries of top.

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Deputy from the Kurdistan Alliance, Wednesday, that the financial budget of the Iraqi state for the current year 2011 will include in its amendments of income and benefits of oil exports from Iraq’s Kurdistan region, according to an agreement signed between the Government of the Region and the central government, while carrying the central government responsible for the delay budget after what the recent economic that have occurred.

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Alsumaria News / Baghdad

Student representative for the National Alliance, on Monday, expanding the powers of provincial councils in the process of disbursement of funds allocated to them, as well as the adoption of the specificity of each province in the distribution of the budget rather than adopt a percentage of the population.

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Considered the mass center, said Friday that the current year budget in 2011 contain a lot of negatives, confirmed that the members of the House of Representatives will vote on the budget without access to the final accounts of the past years, while asked to set a budget for each province according to population.

The spokesman said a cluster center Muhammad Iqbal in an interview for “Alsumaria News”, “members of parliament are determined not to approve the general budget is not submitted the final accounts of the past years,” and urged to “give the provincial powers act to the budget, and allocate a budget for each province, according the number of people. “

The head of the Iraqi Council of Representatives Osama Najafi said during a meeting with the Board of Salah al-Din in the building of the province, on Thursday, the parliament will be held mid-next month’s meeting to discuss the powers of provincial councils, and the law No. 21 of 2008, in the presence of governors and mayors, noting that the meeting continue to over two days.

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A member of the Iraqi Council of Representatives for the National Alliance, on Thursday, that bloc “brings efficiencies Iraq,” the movement of large solve the problem of loan granted by the Federal Ministry of Finance, to higher than the industry, to cover the salaries of its members.

Granted the Federal Ministry of Finance than that of industry, a loan in 2007 for a period of three years, and includes loan to cover the salaries of the staff of the last, and ended the period of the loan earlier this year.

The head of the cluster, Ihsan Al-Awadi, a Kurdish news agency (Rn) that “the end of the term of the loan is granted, would cause a crisis for thousands of Iraqi families, who works her children to the staffing of the Ministry of Industry,” noting that “the number of these families, approximately 8 million households.”

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Baghdad (news) / report / Ali Naji .. Divided views of the number of members of the House of Representatives between the settlement of the remaining ministries and the federal budget.

He predicted that Congress “is to vote on the budget and the remaining ministries in a deal one, while others were ruled out this scenario, stressing that there is a difference between the blocks on the budget, and may continue for more than a month.”

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The full text of the draft amended:
Amended text of the draft General Budget Law of the Federal Republic of Iraq for the Financial Year 2011 Council of Ministers Resolution No. (16) for the year 2011.

And build on what has been agreed upon during the meeting of the Council of Ministers, and introduced by the Ministry of Finance under her a number (95) and of 12 of the month of January.

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Baghdad (news) .. Ministry of Finance announced that the powers vested in them under the provisions of paragraph / 4 of section / 7 of the Public Administration Act No. 95 of 2004 allows issuing instructions exchange rate of one twelfth of the actual expenditure for the year / 2010 with the need for full compliance with the instructions of the implementation of the federal budget for 2010 and the Implementing Regulations Government Contracts No. 1 of 2008.

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Hadi Salami / Union of Journalists
The Ministry of Finance Budget Department published a number (65 734) in underlined by the signature of the Minister of Finance, the new doctor, Dr. Rafie al-Issawi .

And the publication that the powers vested in the Ministry of Finance under the provisions of paragraph / 4 of section / 7 of the Public Administration Act No. 95 of 2004 allows the exchange to issue instructions By 1 / 12 of actual expenditures for the year / 2010 with Must be strictly adhered Italimat the implementation of the federal budget for 2010 And instructions for the implementation of government contracts \ 1 of \ 2008.

He said the publication In paragraph (1_2_3), respectively, on taking into account the suspension of appointments in all ministries and provincial councils and to stop the recruitment contracts and to stop the transfer of personnel services between ministries, while the ratification of the federal budget for the year \ 2011.

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MP Burhan Mohammed Faraj member of the Finance Committee in the House of Representatives to re-draft budget to the federal government or solve the problems contained therein satisfactorily with the Kurdistan Region.

A member of the Kurdistan Alliance bloc in a press statement in view of the prejudice the explicit right of the province of Kurdistan and the violation of the agreements concluded between the Federal Government and the Kurdistan region in the past and encroach upon the principles fixed in the Constitution of Iraq, so we call project back to the federal government or a solution to these problems satisfactorily.

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Word Central Bank Governor Sinan al-Shabibi, lending to the government by the Bank of damaging his reputation and performance, as called for using the surplus in the previous budgets, to supplement the current budget. Shabibi said “Alsumaria News”, on the sidelines of a meeting of the Finance Committee’s interim parliament

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Alsumaria News [received a] version of the draft General Budget Law of the Federal Republic of Iraq for the Financial Year 2011, as amended, the final preparation for submission to the Parliament for a vote. The bill provides that the estimated revenues of the federal budget for the financial year / 2011 of $ (78,705,237,500,000) JD (Seventy-eight thousand seven hundred and five billion two hundred and thirty-seven million five hundred thousand dinars), according to the main accounts.

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