"AL-MANDALAWI & AL-SUDANI AGREE TO EXPEDITE THE IMPLEMENTATION OF THE BUDGET PROVISIONS", 18 AUGUST

 Member of Al-Fateh: Parliament is on the verge of heated debates regarding the oil and gas law

8-17-2023

Member of Al-Fateh - Parliament is on the verge of heated debates regarding the oil and gas lawInformation / Baghdad..

A member of the Al-Fateh Alliance, Ali Al-Zubaidi, stressed, on Thursday, the need for the oil and gas law to be well prepared before it is presented in parliament, in order to avoid political tensions that may occur and impede the legislation of the law under the dome of the House of Representatives.

Al-Zubaidi told Al-Maalouma, “Parliament may be on the verge of heated discussions regarding the oil and gas law, especially since there are some objections that often occur when trying to introduce the law.”

He added, “The aforementioned law has been postponed for a long time as a result of the escalation of political differences around it, which necessitates preparing the law correctly so that it is fair to all and makes the center the main engine for this law by distributing wealth to everyone without prejudice to any province, whether in the region or outside it.”

And he indicated that “some oil fields outside the borders of the region have been controlled during the period of the terrorist ISIS, as tanks move from them to be sold for the benefit of the region and the family of Massoud Barzani in particular.”

Al-Zubaidi pointed out, “This matter requires a solution to this problem through the oil and gas law, so that the distribution of wealth to everyone is normal.”

almaalomah.me

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The Minister of Oil holds a meeting to discuss the draft oil and gas law

17/08/2023

The Minister of Oil holds a meeting to discuss the draft oil and gas lawToday, Thursday, the Ministry of Oil organized a meeting of the working group tasked with preparing the draft oil and gas law.

The meeting was chaired by the Ministry’s advisor for administrative, legal and oversight affairs, Hamdan Awijel, and the meeting included a number of officials in the oil companies and departments of the Ministry’s headquarters.

And the Ministry of Oil stated in a statement, NRT Arabia received a copy of it, that “the meeting aims to discuss the preparation of a draft oil and gas law, and to work on crystallizing a professional national vision that achieves the goals of optimal investment of oil wealth to serve the public interest.”

And the Prime Minister, Muhammad Shia Al-Sudani, had directed in early August to form a ministerial committee that would supervise the technical dialogues between the Federal Ministry of Oil and the Ministry of Natural Resources in the region, as well as inviting the governors of the oil-producing provinces of Basra, Maysan, Kirkuk and Dhi Qar. And the general managers of government oil companies for the ongoing technical dialogues regarding the draft oil and gas law, provided that these dialogues are followed by the completion of the political dialogue to agree to present the draft law.

nrttv.com

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Al-Mandalawi and Al-Sudani agree to expedite the implementation of the budget provisions

Mohsen Al-Mandalawi, the First Deputy Speaker of the House of Representatives, and the Prime Minister, Muhammad Shia’a Al-Sudani, have mutually agreed to accelerate the implementation of the tripartite budget items, with specific focus on service and strategic projects, as well as the procedures for their execution and monitoring.

Today, on Friday, Mandalawi’s media office issued a statement stating that this information was discussed during their meeting.

According to the statement, both parties emphasized the need for ongoing coordination between the legislative and executive branches. The goal is to speed up the creation of strong laws that benefit citizens and meet their needs. They also emphasized the importance of laws that promote economic and investment development, revive the industry, and create suitable job opportunities for young people.

Hanan Munther Nassif, Director General of the Iraqi Facts Department at the Ministry of Justice, recently announced the release of Instructions No. (1) for the year 2023. These instructions aim to simplify the implementation of the Federal General Budget Law of the Republic of Iraq for fiscal years (2023-2024-2025), as stated in No. (13) for the year 2023. The announcement was published in the Al-Waqi newspaper at the beginning of August.

The financial budget for the next three years (insert number_1) was voted on by the Iraqi parliament on June 12. The budget has a value of 198.9 trillion Iraqi dinars ($153 billion) each year.