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Clare » November 26th, 2024
Iraqi Parliament adjourns session after first discussion of amending triennial budget law
11/26/2024
The Iraqi parliament, headed by Mahmoud Al-Mashhadani, adjourned its session held today, Tuesday, after a first discussion to amend the Triennial Budget Law and two other laws.
The Iraqi Council of Representatives held its 17th regular session for the third legislative year, the second legislative term, headed by the new Council Speaker Mahmoud Al-Mashhadani, with the attendance of 168 representatives.
According to the media department of the House of Representatives, the House voted to extend its legislative term for one month.
The Council completed the first reading of the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 – 2024 – 2025) No. (13) of 2023.
He also completed the first reading of the draft law amending the fifth amendment to the Civil Aviation Law No. (148) of 1974.
He also completed the first reading of the draft law regulating the rights of the v-----s of Ibn Al-Khatib Hospital, the v-----s of Al-Naqa Center, and the v-----s of the Al-Hamdaniya incident.
During the session, (Hello Mustafa Kaka Reda) took the constitutional oath as Minister of Environment. LINK
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Parliamentary Committee: Parliament will vote on the Industrial Investment Law in its next session
11/26/2024
Deputy Chairman of the Parliamentary Investment Committee, Hussein Al-Saabari, confirmed on Tuesday that the Industrial Investment Law will be voted on in the next session of Parliament, pointing out the importance of the law with regard to customs and tax exemptions as well as banks’ support for the industrial sector.
Al-Saabari told Shafak News Agency, “The House of Representatives will vote in the next session on the Industrial Investment Law, which is considered one of the important laws in the field of investment, and the law is considered the beginning of the industrial movement in Iraq.”
He pointed out that “this law is considered an important shift in industrial investment, as it contains many articles, including customs and tax exemptions, as well as bank support for the industrial sector and other articles that serve industrialists.”
Al-Saabari explained that “there is an article in the law that includes the ownership of land by industrial investors outside the municipality’s borders and the basic design.” LINK
Oil Committee meets to discuss budget amendment text regarding Kurdistan oil
11/26/2024
Baghdad – WAA – Wissam Al-Mulla
The Oil, Gas and Natural Resources Committee held a meeting today, Tuesday, to discuss the text of the budget amendment regarding the Kurdistan Region’s oil.
The correspondent of the Iraqi News Agency (INA) said, “The Oil, Gas and Natural Resources Committee held a meeting today to discuss the text of the budget amendment regarding the Kurdistan Region’s oil,” indicating that “the dates and schedule for hosting the Ministry of Oil officials for the coming week were discussed.”
He added that “the reports of the temporary subcommittees formed were discussed,” noting that “the date of the periodic meeting at the Ministry of Oil was set to review the achievements of the oil sector and the government program.” LINK
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Source: Dinar Recaps
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