Post From KTFA By Memphis » February 24th, 2014,
the secret wrote on February 24th, 2014, 12:32 pm:Hi, I posted this question on the last thread, it was probably overlooked, how can the GOI postpone parliament due to lack of quorum, wasn't it said a few years back any parliament member that does not show up would be fined? Is this still in effect or was it an idle threat?
Memphis: Yes your correct they did impose daily fines for absent members of parliament but that was only for that session in order to pass the 2013 budget. It was sort of an extraordinary measure enacted to force a quorum.
This penalty was imposed tho NOT by the GOI but rather the speaker of parliament Najafi (sp).
Read More Link On Right
You'll often hear people speak of the GOI when they are actually referring to parliament but there is an important distinction.
The GOI is comprised of the Prime minister and his cabinet, the Council of Ministers and I equate them to our White House and the various secretaries (the executive branch of gov't).
The parliament is of course the legislative branch of their gov't.
The lack of quorum is IMO almost always an ethnic problem and this is presently being compounded with the added posturing and rhetoric due to the coming elections. People simply don't show up to pass legislation.
The news this morning gave evidence of the partisan politics (COMPOUNDED by their religious differences) when it was reported that Maliki had sent an open letter to parliament scolding them for their antics!
Here is the quote, it is telling.....(full article at end of post):
"The Iraqi Prime Minister, Nouri al-Maliki, download [issued] last Wednesday, (the 19th of February 2014), [an open letter to] the House of Representatives and [accused] the parties seeking to thwart the formal status of responsibility [with intent] to the late adoption of the law of the financial budget for the current year of 2014, [holding the budget hostage] and [ Maliki] confirmed that those parties "want the government to fail."
Is this a true statement? Did Maliki actually send this scathing letter? haha, this gets to the heart of why we need to use extra caution presently because of the elections that are coming soon. IMO, THIS article is likely reliable.
I say that mainly because the speaker is one that I have followed for nearly 3yrs, Haitham al-Jubouri, a respected attorney and ranking member of the finance committee.
Having said that tho? The fact remains that Jubouri is aligned with the State Law coalition and therefore aligned with Maliki's side. Gets rather convoluted no? Ultimately we have to often "pick a side" and then try to prove (or disprove) our position and so I give this article a thumbs up and conclude that PART of the reason we have not seen the budget? The April elections..... :handshake2:
Further support for this thinking is that there was a subsequent post by WS that featured Najafi (posts 97) that did not pass my smell test. Just an opinion....
Like I said, pick a side and then try and defend it. That's about all we can do! Blessings, Memphis
Post By walkingstick » February 24th, 2014,
Parliamentary Finance: The government may have to borrow from the central bank to pay salaries next March
Author: BS, MK Editor: BK, BS 2/24/2014 1:36 p.m. Long-Presse / Baghdad
Promised parliamentary Finance Committee, on Monday, that the assets of the Development Fund for Iraq, DFI current amount of six billion dollars just is not enough to pay the salaries of the staff for the next month, and suggested that the government will have to borrow from the central bank to pay employees' salaries for next March.
A member of the Committee, Haitham al-Jubouri, in an interview to the (long-Presse), "The non-approval of the federal budget for 2014, the current, means that the financial allocation is not available legally," noting that "non-oil exports from the Kurdistan region, and not to ratify the budget of the main reasons for running out of cash available to the Development Fund for Iraq DFI ".
The Jubouri, that "the information available, show that the assets of the Development Fund for Iraq, was six billion dollars, beginning in January 2014, will be allocated four billion and a half, including the salaries of February, the current," returned to "the amount of one billion and a half dollars remaining, not enough for the employees' salaries for next March ".
The MP for the coalition of state law, which is headed by the prime minister, Nuri al-Maliki, that "the oil revenues included in the calculation Iraq Fund after a month of export," pointing out that "the lack of input amounts of oil export to February, the current in such a fund would lead to address the problem in coverage employees' salaries for next March. "
He said a member of the Finance Committee, that "stockpiling strategic in the Iraqi Central Bank of 83 billion dollars," likely to be "forced the government to borrow from the central bank, to pay the salaries of employees, whether they're in a financial embarrassment, to reconsider the amount later."
Jubouri promised that "the government does not want to open the door to borrow from the Central Bank of Iraq because its reserves is an asset for future generations, and a factor to ensure the stability of the dinar."
He was the head of the Liberal parliamentary, (formerly) Bahaa al-Araji, said in a press conference on Sunday, said that the government has 75 billion dinars, enough ten days fighting in Anbar against "terrorism and Daash," returned that it means "the lack of salaries for employees ".
The Committees of the parliamentary financial and economic, have called, in (the 12 of February, the current), to deal seriously with the warnings of the International Monetary Fund on increased government spending, and its implications for monetary reserves, while showed the Finance Committee that the government is "threatened with bankruptcy" within four months If you do not pass the budget, saw its counterpart economic, estimates that the budget "did not take" into account the regional and global developments, and it has prepared about "hazy and unclear" and was a "mere allocations", warning of prejudice reserves, Iraq's financial hard currency.
The Iraqi Prime Minister, Nouri al-Maliki, download last Wednesday, (the 19th of February 2014), the House of Representatives and the "parties seeking to thwart the formal status of" responsibility to the late adoption of the law of the financial budget for the current year of 2014, and confirmed that those parties "want the government to fail."
It is noteworthy that the Development Fund for Iraq, DFI form under UN Security Council Resolution 1483 to protect Iraqi funds from international claims and pirated after the events of the year 2003.