Thurs. AM TNT News Articles 9-1-22

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TNT

Tishwash:
Parliamentary Finance: State coffers include a surplus of 25 trillion dinars

Thursday, the Parliamentary Finance Committee promised not to approve the budget for the year 2023 as a “difficult matter”, revealing that there are 25 trillion dinars as surpluses in the state’s government coffers that will be of no use.  

Committee member Muhammad Nouri said in an interview seen by (the information), that “despite the completion of the 2022 budget and its readiness in terms of estimates, the current situation has prevented its approval.”   Nuri added, “The adoption of the emergency food security law came to get rid of approving the 2022 budget and the confusion that is being raised inside the street, and to fulfill the necessary governmental obligations for the governorates, the security contracts, and the charters of the security forces.”  

He believed that “approving the 2023 budget will be difficult, with the continuation of political events,” expressing ”  

He continued, “The recovery of the economy came due to the rise in oil prices, without plans to correct it or find other outlets, which led to alleviating the financial burden and providing large sums in the absence of the budget,” noting that “the surpluses amounted to 50 trillion dinars, divided by 25 trillion to the support law. Emergency food security and development, and the same is located in the state treasury and government treasuries without any doors to exchange, but accumulate in the form of deposits in the government accounts in the Central Bank and the Commercial Bank to enhance the existing hard currency, which is high to 76 billion dollars, and the previous debt estimated at 90 billion can be paid. dollar”. 

Nuri pointed out, “The absence of correct numbers, actual work, oversight of all ministries, accountability for their expenditures and how to contract after the disruption of Parliament, which puts a set of speculations in the next year’s budget that may not be in the interest of the street.”  link

The Federal Court sets next Wednesday as the date for ruling on the issue of dissolving Parliament

The Federal Court raises its session in the cases of dissolving Parliament and sets next Wednesday as the date for issuing the decision   link

CandyKisses:
The Federal Supreme Court (the highest judicial authority in Iraq) failed for the third time in a row this week to issue a ruling in the case of dissolving the House of Representatives.

A judicial source told Shafak News Agency, that the Federal Court raises its session in the cases of dissolving the House of Representatives and sets next Wednesday as a date for issuing the decision.

The Federal Court was scheduled to issue its ruling in that case yesterday, Wednesday, 31 August, but it was postponed to the first day of the month of September.

The Federal Court had set August 30 as the date to consider the Sadrist movement’s lawsuits to dissolve parliament, but it postponed its decision due to the disruption of official working hours and the curfew against the backdrop of the bloody clashes that occurred in the heavily fortified Green Zone in the center of the capital, Baghdad.

Nassar al-Rubaie, Secretary-General of the Sadrist bloc, had filed a lawsuit against the President of the Republic, the Speaker of the House of Representatives, to rule to dissolve the House of Representatives for its fifth session, and to oblige the President of the Republic to set a date for holding legislative elections in accordance with the provisions of Article 64/second of the Constitution.

The leader of the Sadrist movement, Muqtada al-Sadr, had called on the Supreme Judicial Council to dissolve parliament within a period not exceeding the twentieth of this month, and assigning the President of the Republic to set a date for early elections, but the Council responded to al-Sadr’s request to dissolve parliament, saying: “He does not have this authority.” .

The content of the lawsuit deals with accusations of failing to elect a President of the Republic and violating the constitutional deadlines for forming the new government.

Al-Sadr would return as a popular, not political leader, source

Shafaq News/ A Source close to the leader of the Sadrist movement, Muqtada al-Sadr, revealed that Al-Sadr would resume his work within a few days.

Earlier, Al-Sadr announced his resignation from political life.

The source told Shafaq News Agency, “Al-Sadr would return to the Iraqi arena as a popular leader, not a political and opposition man, and he would follow steps to oppose the formation of any consensus government that is based on quotas.”

“Al-Sadr would not interfere in politics; he will secure popular pressure to prevent forming any consensus government dissolve and run early elections.” The source pointed out.

Since the aftermath of the US-led invasion in 2003 that toppled longtime dictator Saddam Hussein, Iraq has been governed under a sectarian power-sharing system.

Sadr, whose father was one of Iraq’s most respected Shiite clerics, has gradually grown into a key political player in this landscape, bolstered by a Shiite support base that he often mobilizes to press his demands.

Since elections last October, disagreements between Sadr and a rival Iran-backed Shiite force known as the Coordination Framework have left Iraq without a new government, prime minister, or president.

Tensions escalated sharply on Monday when Sadr loyalists stormed the government palace inside the Green Zone after he announced he was quitting politics.

But Sadr’s supporters then left the Green Zone on Tuesday afternoon when he appealed for them to withdraw within the hour — a demonstration of the cult-like following that earned him his kingmaker status.

Tishwash:
Parliamentary Finance: The 2022 budget is ready, but the current situation has prevented its approval

The Parliamentary Finance Committee promised, on Thursday, that not approving the budget for the year 2023 is a “difficult matter,” indicating that the presence of 25 trillion dinars as surpluses in the state’s government coffers will be of no use.

Committee member Mohamed Nouri said in an interview with the official newspaper, which was followed by the independent, that “despite the completion of the 2022 budget and its readiness in terms of estimates, the current conditions prevented its approval.”

And Nuri added, “The adoption of the emergency food security law came to get rid of approving the 2022 budget and the confusion that is being raised inside the street, and to fulfill the necessary governmental obligations for the governorates, the security contracts and the charters of the security forces.”

He believed that “approving the 2023 budget will be difficult, with the continuation of political events,” expressing “his optimism for a breakthrough or a political agreement early next year.”

He continued, “The recovery of the economy came due to the rise in oil prices, without plans to correct it or find other outlets, which led to alleviating the financial burden and providing large sums in the absence of the budget,” noting that “the surpluses amounted to 50 trillion dinars, divided by 25 trillion to the support law. Emergency food security and development, and the same is located in the state treasury and government treasuries without any doors for exchange, but rather accumulate in the form of deposits in the government accounts in the Central Bank and the Commercial Bank to enhance the existing hard currency, which is high to 76 billion dollars, and the previous debt estimated at 90 billion can be paid. dollar”.

Nuri pointed out, “The absence of correct numbers, actual work, oversight of all ministries, and accountability for their expenditures and how to contract after the disruption of Parliament, which puts a set of speculations in the next year’s budget that may not be in the interest of the street  link

Source: Dinar Recaps

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