WOTS WED FEB 3 21
These are some of the articles that I discussed on the podcast at https://anchor.fm/dashboard/episode/epvf5a It's free to listen to
Deputy favors passing the budget with the approval of the region in the last moments
Member of Parliament, Siham Shenoun, confirmed, on Wednesday, that the pressure exerted by the region on the Finance Committee is great, including the threat of the region’s representatives to boycott the voting session, but it will not affect the fairness of distribution. The budget is likely to be passed with the approval of the region at the last moments.
Shannon said in a statement to / the information /, that “the region’s demands have been used to it every year when preparing annual budgets in an attempt to gain as much as possible from obtaining funds. However, the Finance Committee works according to the legal measurements and contexts without paying attention to the pressures exerted by the regional governments. When preparing annual budgets.
She added that "waving the region’s representatives after attending the vote session on the budget is part of the pressures that are exercised at every budget, and thus it is retracted when they feel that all the doors are set in front of them," suggesting that the budget will pass with the approval of the region at the last moments.
The deputy of the State of Law coalition, Mansour Al-Baiji, demanded, today, to present the budget on the agenda of the nearest session in order to be passed by the political majority in the event that the Kurdistan Regional Government continues to procrastinate.
Parliamentary Finance Reporter: Next week is the date for ending the budget discussions and voting on it within the committee
The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, said today, Wednesday, that the committee .will end, next week, discussions on the budget and vote on it
Al-Saffar said in an interview with (Baghdad Today), "Next week is a date to end the budget discussions and vote on it .within the committee, and then refer it to parliament for a final vote . . .Continued
Al-Maamouri: Smuggling has exhausted the local economy
Member of Parliament, Burhan Al-Mamouri, said on Wednesday that the continuation of smuggling has exhausted the local economy, calling on the security forces to tighten their grip on the ports and the border strip.
Al-Mamouri said in a statement that the information received, a copy of it, that “the illegal entry and exit of goods into the country are still taking place in full swing,” indicating that “the measures taken by the Prime Minister to control the border crossings did not live up to the level of ambition.”
He added, "Suspicions of corruption in the border outlets are among the largest files on which no necessary measures have been taken," calling on the Supreme Committee to Combat Corruption to "give the border file utmost importance to curb smuggling operations."
Al-Mamouri added, "The continued smuggling of goods and products, especially consumer ones, is a major reason for the local economy’s exhaustion, warning of its dangerous repercussions on the decline of the private sector and the increase in unemployment and poverty rates."
Al-Mamouri stressed "the necessity to take strict measures against smugglers and their collaborators," calling on the joint forces leadership and the leadership of the border guards to "close all unofficial crossings and tighten their grip on the crossings and the border strip."
Parliamentary Finance: We will hold a meeting with the Minister of Oil this afternoon to discuss the budget items
Member of the Parliamentary Finance Committee, Jamal Cougar, revealed, on Wednesday, that the Minister of Oil, Ihsan Abdul-Jabbar, will discuss the provisions of the budget, indicating that the committee is almost finished with budget adjustments.
"The Finance Committee in the House of Representatives will meet, today, with Oil Minister Ihsan Abdul-Jabbar to continue discussing the draft federal budget bill for 2021," Cougar said in a statement to / information / m.
He added that "the committee is discussing with Abdul-Jabbar the paragraphs related to the Ministry of Oil and some items and articles of the draft budget law and the share of the Kurdistan region."
Cougar noted that "the committee hopes that within the next two days, the draft federal budget bill for 2021 will be completed."
A member of the House of Representatives, Siham Shenoun, confirmed in a previous statement to "the information", that the pressure exerted by the region on the Finance Committee is great, including the threat of the region's MPs to boycott the voting session, but it will not affect the fairness of distribution.
And WOTS is below here:
The exchange rates of the dollar, on the main stock exchange and local markets, Wednesday 3/2/2021, have stabilized.
The price of the dollar on the Kifah Stock Exchange today, Wednesday, February 3, 2021, was 145,200 dinars, for each $ 100 denomination paper, while the exchange rate on the Al-Harithiya Stock Exchange was 145,250 dinars for each $ 100 note.
The exchange rates declined in exchange offices and local markets in the capital, Baghdad, where the selling price reached 145,500 dinars for each $ 100 bill, while the purchase price reached 144,500 thousand dinars for each $ 100 bill.
The exchange rates of the dollar in the central al-Kifah Stock Exchange in the capital, Baghdad, were recorded yesterday 145,200 Iraqi dinars for each $ 100 note.
The following is the price of the dollar in a number of governorates:
The Markets:
Defiant FL Supermarket Sparks Outrage After Employees, Customers Openly Reject Mask-Wearing...
'Diplomat' accused of killing British teen was working for U.S. intel...
Due to a lack of liquidity, Fitch reduces Kuwait's credit rating
link
Fitch Ratings has downgraded its outlook for the Kuwaiti economy from stable to negative, while maintaining its credit rating at AA.
The agency said in a report today, Wednesday, that the amendment of Kuwait's outlook reflects the near-term liquidity risk associated with the imminent depletion of liquid assets in the General Reserve Fund (GRF) in the absence of the government’s parliamentary mandate to borrow.
The General Reserve Fund is the main repository for all the revenues of the State of Kuwait from oil revenues, and the revenues from its investments.
And she continued: “The depletion of liquidity at the Kuwait General Reserve Fund; It will severely reduce the government's ability to fulfill its spending obligations and could lead to major economic disruption. ”
She indicated that this risk “is rooted due to the political and institutional stalemate, which also explains the lack of fundamental reforms to address the budget deficit that exceeds 10%, the expected weakness in the general budget, and the external balance of Kuwait (the balance of payments),” and she explained that, in spite of that; Kuwait will remain among the most powerful sovereign countries ranked by Fitch, according to the statement.
Passing a law on debt, deficit reduction and fiscal reform continues to face entrenched political divisions and financial constraints, with more than 70% of government spending consisting of salaries and subsidies, and nearly 80% of Kuwaiti citizens work in the public sector.
Deputy favors passing the budget with the approval of the region in the last moments
Member of Parliament, Siham Shenoun, confirmed, on Wednesday, that the pressure exerted by the region on the Finance Committee is great, including the threat of the region’s representatives to boycott the voting session, but it will not affect the fairness of distribution. The budget is likely to be passed with the approval of the region at the last moments.
Shannon said in a statement to / the information /, that “the region’s demands have been used to it every year when preparing annual budgets in an attempt to gain as much as possible from obtaining funds. However, the Finance Committee works according to the legal measurements and contexts without paying attention to the pressures exerted by the regional governments. When preparing annual budgets.
She added that "waving the region’s representatives after attending the vote session on the budget is part of the pressures that are exercised at every budget, and thus it is retracted when they feel that all the doors are set in front of them," suggesting that the budget will pass with the approval of the region at the last moments.
The deputy of the State of Law coalition, Mansour Al-Baiji, demanded, today, to present the budget on the agenda of the nearest session in order to be passed by the political majority in the event that the Kurdistan Regional Government continues to procrastinate.
Parliamentary Finance Reporter: Next week is the date for ending the budget discussions and voting on it within the committee
The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, said today, Wednesday, that the committee .will end, next week, discussions on the budget and vote on it
Al-Saffar said in an interview with (Baghdad Today), "Next week is a date to end the budget discussions and vote on it .within the committee, and then refer it to parliament for a final vote . . .Continued
Al-Maamouri: Smuggling has exhausted the local economy
Member of Parliament, Burhan Al-Mamouri, said on Wednesday that the continuation of smuggling has exhausted the local economy, calling on the security forces to tighten their grip on the ports and the border strip.
Al-Mamouri said in a statement that the information received, a copy of it, that “the illegal entry and exit of goods into the country are still taking place in full swing,” indicating that “the measures taken by the Prime Minister to control the border crossings did not live up to the level of ambition.”
He added, "Suspicions of corruption in the border outlets are among the largest files on which no necessary measures have been taken," calling on the Supreme Committee to Combat Corruption to "give the border file utmost importance to curb smuggling operations."
Al-Mamouri added, "The continued smuggling of goods and products, especially consumer ones, is a major reason for the local economy’s exhaustion, warning of its dangerous repercussions on the decline of the private sector and the increase in unemployment and poverty rates."
Al-Mamouri stressed "the necessity to take strict measures against smugglers and their collaborators," calling on the joint forces leadership and the leadership of the border guards to "close all unofficial crossings and tighten their grip on the crossings and the border strip."
Parliamentary Finance: We will hold a meeting with the Minister of Oil this afternoon to discuss the budget items
Member of the Parliamentary Finance Committee, Jamal Cougar, revealed, on Wednesday, that the Minister of Oil, Ihsan Abdul-Jabbar, will discuss the provisions of the budget, indicating that the committee is almost finished with budget adjustments.
"The Finance Committee in the House of Representatives will meet, today, with Oil Minister Ihsan Abdul-Jabbar to continue discussing the draft federal budget bill for 2021," Cougar said in a statement to / information / m.
He added that "the committee is discussing with Abdul-Jabbar the paragraphs related to the Ministry of Oil and some items and articles of the draft budget law and the share of the Kurdistan region."
Cougar noted that "the committee hopes that within the next two days, the draft federal budget bill for 2021 will be completed."
A member of the House of Representatives, Siham Shenoun, confirmed in a previous statement to "the information", that the pressure exerted by the region on the Finance Committee is great, including the threat of the region's MPs to boycott the voting session, but it will not affect the fairness of distribution.
A “decisive” parliamentary-government meeting regarding Kurdistan’s oil exports
link
On Wednesday, the Parliamentary Finance Committee will hold a meeting in the presence of government officials to resolve the issue of Kurdistan Region oil exports in the country’s financial budget for the current year.
The Shafaq News Agency correspondent reported, “The Parliamentary Finance Committee started its 39th meeting to resume its discussions on the draft federal budget bill.”
The meeting was held in the presence of Minister of Oil Ihsan Abdul-Jabbar, and Director of the Iraqi Oil Marketing Company “SOMO” owned by Baghdad, Alaa Al-Yasiri, to settle the issue of the region’s oil exports in the budget.
Sources had revealed, on Tuesday, to Shafaq News Agency that the Shiite blocs had raised their demands by informing the Kurdish delegation to hand over the revenues of 500 thousand barrels per day to the federal government instead of 250 thousand barrels per day, in exchange for the region receiving its full share of the budget without any shortage.
This requirement contradicts the agreement reached by Baghdad and Erbil, which stipulates handing over the region revenues of 250 thousand barrels per day and half of the other revenues from border crossings and others, in exchange for a share estimated at 12.6 percent of the budget in addition to the payment of salaries of the Peshmerga forces.
The agreement was included in the draft budget approved by the Iraqi government and sent to Parliament for approval, but the regional government delegation returned to Baghdad again to persuade the political blocs in Parliament to pass the region’s share.
The regional government says it exports 250 thousand barrels per day of oil produced from its fields, and the remainder goes to domestic consumption, which makes it unable to meet the new demands of the Shiite blocs, which could lead to the collapse of the talks.
CBI Update: Just a note:
No comments:
Post a Comment