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Featured Post

Restored Republic via a GCR: Update as of Jan. 20, 2021

Restored Republic via a GCR: Update as of Wed. 20 Jan. 2021 Compiled Wed. 20 Jan. 2021 12:01 am EST by Judy Byington, MSW, LCSW, Therapis...

Wednesday, January 13, 2021

Wed. AM TNT News Articles 1-13-21



TNT

Tishwash:
Parliament resumes its session headed by Al-Haddad


The House of Representatives resumed, today, Wednesday, its parliamentary session on completing the discussion and reading of the general federal budget for the fiscal year 2021.

A parliamentary source said to / Mawazine News /, that "the House of Representatives resumed its special session to complete the discussion and reading of the general federal budget for the current fiscal year 2021 ".

The source added, "The session was resumed, headed by the second deputy speaker, Bashir Al-Haddad."

The House of Representatives will hold, this evening, another session number (35), the agenda of which includes paragraphs, to vote on 5 of them, finalize a report and discuss two paragraphs, and continue to discuss the Federal Budget Law for the current fiscal year 2021 link

It includes completing the budget reading .. A busy schedule in the next parliament session

The House of Representatives will continue in its scheduled session, tomorrow, Wednesday, to discuss the budget law in addition to voting a number of draft laws.

Nass (12 January 2021) obtained a copy of the agenda of the 35th session within the fourth parliamentary session of the third legislative year of the first legislative term.

The table contained 9 paragraphs, including voting on the third amendment law proposal to the Accountants and Auditors Syndicate Law, in addition to voting on other draft laws, while the table included the continuation of discussion of the 2021 budget bill. link

Al-Kazemi government takes 5 new decisions

On Tuesday, the Iraqi Council of Ministers held a regular session headed by Mustafa Al-Kazemi, during which a number of issues were discussed, in addition to the topics included in its agenda, during which five new decisions were taken.

During the session, developments were discussed in the work of the Committee for the Promotion of Governmental Measures, in the areas of prevention and control of health and awareness.

After the Council of Ministers discussed the topics listed on the session’s agenda, it issued the following decisions:

1- Approval of the Ministerial Council for Energy Recommendation No. (69 of 2020) regarding the amendment of the Ministerial Council for Energy Resolution No. (52 of 2020) regarding the transfer of petroleum products in favor of the Ministry of Electricity, according to the following:

– The Ministry of Oil continues to transfer oil products for the benefit of the electric power stations of the Ministry of Electricity, provided that the amount of debt is settled from the percentage of profits of the Ministry of Oil companies to be financed by the Ministry of Finance.

2- Approval of the Ministerial Energy Council’s recommendation No. 71 of 2020 regarding approval to authorize the Minister of Electricity, the authority to contract regarding calls for the implementation of transmission lines (Rumaila Investment Station – Dhi Qar vehicle station, Faw 400KV station, Shatt al-Basra gas station, and station Al-Hartha Thermal – Al-Qurna plant 400 kV), the details of which are confirmed in the Ministry of Electricity’s book number (41611 on November 29, 2020), according to the following:

First – That the contract is in dollars instead of dinars, contrary to what is stipulated in the invitation documents, provided that the exchange rate is based on the bulletin of the closing day.

Second – That the referral of invitations be made in amounts that do not exceed the amount of the estimated cost at a rate of (9.5%), plus a maximum (10%) of the estimated amount per kilometer in the case of using the basis (piles), according to the approved designs and for the areas that require this, according to what came At the origin of the call.

Third – For the Ministry of Oil to provide financial support for the project from the profitable companies (the share of the Ministry of Finance), due to the importance of the project, and to adopt the same payment mechanism for the projects included in the Cabinet Resolution No. (132 of 2020).

3- Zeroing the stamp fee for the national campaign and the stamp fee for customs fees on postal parcels, based on the provisions of Article 37 of the Law on Stamping Numbered (71 of 2012).

– Exemption of the Ministry of Finance for inspection fees on postal parcels that are collected according to Customs Decree No. (4 of 2011) amended by Resolution No. (2 of 2016), from baggage identification fees, to reduce the burden on citizens and their reluctance to transport by government mail.

4- The long-term biometric voter card is one of the official documents approved in state departments.

– All employees and contractors working in state institutions must update their biometric data within 60 days, and obtain a long-term biometric voter card, and this decision shall be implemented as of (February 1, 2021).

5- Approving the authorization of the Minister of Finance (Ali Haider Abdul Amir Allawi), the power to sign the grant agreement provided by the European Union under the supervision of the World Bank, in the amount of (12,500,000) dollars, only twelve million five hundred thousand dollars, to finance the project to strengthen monitoring and accountability institutions in the administration Public finance, provided that an amount of (8,500,000) dollars is allocated, only eight million five hundred thousand dollars to be implemented by the government side, and an amount (4,000,000) dollars, only four million dollars, to be implemented by the World Bank, based on the provisions of Article (3) of the Law Contracts of treaties (35 of 2015), according to what was stated in the book of the Ministry of Finance No. 8122 dated 12/13/2020. link

Source: Dinar Recaps
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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 intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More