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Iraqi Dinar✅Iraqi Dinar Massive Closer Exchange Rate Today 2024 / Iraqi Dinar News Today / IQD RV

Introduction

In a recent statement, Mosen al-Mandlawi, the Acting Speaker of the House of Representatives in Iraq, addressed the rampant rumors regarding a significant addition of 8 trillion Iraqi dinars to the current year's budget. These speculations have generated considerable unease among both the public and officials.

Alandlawi sought to clarify the situation by emphasizing that the budget tables approved by the House of Representatives are the same as those originally submitted by the Council of Ministers. He noted that the tables were returned to the legislative body following parliamentary decision number 64, and reassured that no changes had been made during the review process.

Additionally, Al-Mandlawi elaborated on the approval process of the budget tables, confirming that they had undergone scrutiny and were identical to what was initially submitted by the government after receiving legislative approval. To ensure transparency and accountability, the council presidency has formed a higher committee tasked with investigating the concerns raised regarding the budget.

The legislative process leading to the budget's approval included session number 27 held on June 3rd, 2024, where the House of Representatives officially sanctioned the federal General Budget Law estimates for the year 2024 along with its various attachments. These attachments included financial projections and detailed allocations labeled as tables a, b, c, d, e, w, and the deficit financing table, all received from the Council of Ministers without any modifications.

As part of the budget approval, the House of Representatives authorized the transfer of 2 trillion Iraqi dinars to be equitably distributed to the governorates not organized in regions. The distribution aims to be fair, taking into account critical factors such as population size and poverty rates to address the specific needs of these areas.

To further alleviate any doubts about the integrity of the legislative process, Al-Mandlawi reiterated that no amended version of the budget tables had been adopted. He referred to letter number 66, issued from the House of Representatives president's office on July 21st, 2024, which confirms the authenticity of the original budget tables. This letter emphasizes the commitment of the House of Representatives to uphold principles of transparency and accountability in managing the nation's finances.

Keywords

  • Iraqi Dinar
  • Mosen al-Mandlawi
  • 8 trillion dinars
  • budget tables
  • House of Representatives
  • Council of Ministers
  • transparency
  • accountability
  • financial projections
  • equitable distribution

FAQ

Q: Who is Mosen al-Mandlawi?
A: Mosen al-Mandlawi is the Acting Speaker of the House of Representatives in Iraq.

Q: What rumors was Mosen al-Mandlawi addressing?
A: He addressed rumors regarding an addition of 8 trillion Iraqi dinars to the current year's budget.

Q: Were there any changes made to the budget tables?
A: No, Al-Mandlawi confirmed that the budget tables approved are identical to those originally submitted by the Council of Ministers.

Q: How much was authorized for equitable distribution among the governorates?
A: The House of Representatives authorized the transfer of 2 trillion Iraqi dinars for equitable distribution among the governorates not organized in regions.

Q: What measures were taken to ensure transparency regarding the budget?
A: A higher committee was formed to investigate the concerns raised about the budget, ensuring transparency and accountability in the legislative process.