BLC Morning News & Comments 01/19/2015
Central Bank calls for a reconsideration of the budget confirms: not able to cover the deficit of financial institutions
[tlm724] Keywords and continued that "all Iraqi financial institutions will not be able to bridge the fiscal deficit in the country when it is in significant levels,"
stressing that "this calls for a reconsideration of the structure of the budget and structural tunnels and diversify sources of income and achieve invest more broadly, the first alternative and better in order to attract private capital and operation of labor. "
[tlm724] BondLady was right yesterday, the CBI is telling them no way they will get the reserves, they are there to support the dinar Wink
Central bank: our reserves of the best reserves in the world and covers the currency and a half times
[tlm724] The governor of the bank and agency relationship ", that" the Bank maintains the largest rates of good reserves of hard currency in the world compared to the money supply, "adding that" these reserves still cover the money supply and a half times. "
[tlm724] sing it to me baby !
The start of the transfer of powers and technical services to local governments in the provinces of Iraq
[tlm724] Sunday, the start of work for the transfer of powers and technical services to local governments in other provinces.
[tlm724] Mohammed said that "the ministry is coordinating with the Minister of State for Provincial Affairs Ahmed Abdullah al-Jubouri, and we have a meeting with him tomorrow to coordinate the subject of the transfer of powers and work on the gradient transfer to serve the workflow and projects in the rest of the provinces."
[tlm724] power to the provinces is moving very quickly
Agenda of the meeting No. (5) Wednesday 21 January 2015
January 21, 2015 Third parliamentary session
The first legislative year -- Legislative Chapter II
First, read verses from the Koran.
Second: the first reading of the draft law of the Fifth Amendment to the maintenance of the irrigation and drainage networks Law No. (12) for the year 1995. ( Commission services and reconstruction, the Legal Committee , the Committee on Agriculture, Water and marshes). (Article 2).
Third: the first reading of the draft secretion land and orchards within the basic design of the city of Baghdad and municipal law. ( Legal Committee , the Committee on Agriculture and Water , the Commission services and reconstruction). (Article 13).
Fourth: the first reading of the draft agricultural land rent law. ( Committee on Agriculture and Water ). (Article 14).
Fifth: The first reading of the draft Federal Court Act ( Legal Committee ). (Article 24).
Eleven in the morning session begins.
Here are two articles that explain the lack of the budget on the agenda for the parliament session on Jan 21st 2015 :
01/19/2015 12:07 GMT: A member of the Finance parliamentary putting the finishing touches on the final report of the 2015 draft budget law
Follow-up - and babysit - Parliamentary Finance Committee, announced Monday that it is currently putting the finishing touches on the final report of the 2015 draft budget law, while confirming that the project will be presented to a vote in parliament next week.
The committee member said Masood Haider in a press statement, said that "the parliamentary Finance Committee is currently putting the finishing touches on the final report of the draft general budget for the 2015 law,"
adding that "the Commission is working to bridge the existing public budget deficit and reduce the expenses of the ministries."
Haider added that he "will be at the end of this week the completion of the final report of the project budget," pointing out that "the budget bill will be presented for a vote at one of the meetings of the House of Representatives next week,"
Parliamentary Finance confirm the existence of corruption in all the paragraphs of the budget and the central warns of approval 18-01-2015 11:21 PM
Parliamentary Finance Committee, emphasized that corruption exists in every paragraph of the federal budget, for 2015, while the Iraqi Central Bank, warned the government and the House of Representatives approved on this situation.
The member of the Committee, MP, Majida al-Tamimi, in a press statement, seen by ( newsletter): that corruption exists in each paragraph of the budget, noting that all ministries and departments not associated with the Ministry hide behind doors to corruption, but to varying degrees.
The fired-Tamimi on 2015 as the year of account, promising to reveal all of the spoiled and stole and earned a livelihood to the people's livelihood Over the past 11 years, no matter what their status or their state.
to the Iraqi Central Bank, warned the government and the House of Representatives approving the budget law for 2015 to its current status, the fact that financial institutions are not able to cover the budget deficit.
Central and stressed in a statement, received (news) copy of it, on the need to reconsider the structure of the budget and spending and diversify sources of income and achieve investment more broadly to address the sharp decline in oil prices when it is in significant levels.
gave Central, two solutions to address the budget deficit: the first through the collection of state internal loans or external.
The second lies in the long-term treatments through reconsider the structure of the economy, financial management and diversify sources of income, likely outweigh the first solution at this stage.
Finance Committee hosts defense minister to discuss the ministry allocations
January 19, 2015 Finance Committee hosted headed by MP Ahmad Chalabi, Chairman of the Committee on Saturday, 17/01/2015, Mr. Khalid al-Obeidi, the defense minister and his accompanying delegation to discuss the Ministry's budget.
During the discussion of hosting mechanism Reinforcement and requirements of the Ministry of Defence materiel and weapons within the general budget for 2015.