TNT – “Tidbits From TNT” Thursday 10-24-2024

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The Parliamentary Legal Committee confirmed that the work on the general amnesty law is proceeding to formulate it in its final form, noting that Parliament will extend its legislative term to complete important laws. 

Committee member Raed Al-Maliki said, “Next week, the committee will focus on legislating the Personal Status Law, and work is ongoing in the committee on the general amnesty law to formulate it in a final form, and we are working to have it passed during the current legislative session.”  

He added, “The House of Representatives will extend its legislative session for a month, and thus the legislative holiday will be only one month to complete some important laws. A letter was sent to the House Presidency to include some laws on the agenda during the coming weeks.”

Al-Maliki said, “Among the laws that we demand to be included on the agenda are the laws (the right to obtain information, and the regulation of the right to demonstrate and peaceful assembly), as well as reading the proposals of some laws for a first and second reading, such as (the proposed law of human rights activists, and the law of the House of Representatives, its formations and amendments)  link

Tishwash:  Al-Araji: Iraq today is free of terrorism

Today, Wednesday, October 23, 2024, the National Security Advisor, Qasim Al-Araji, announced that Iraq is “free of terrorism.”

Today, the National Security Advisory held a conference to evaluate and update the Iraqi strategy for combating terrorism for the years (2012-2025), in coordination with the Counter-Terrorism Service and in cooperation with the European Union Mission in Iraq. 

Al-Araji opened the conference with a speech in which he stressed that “Iraq today is free of terrorism and we are working to sustain security and ensure its success. We must work according to the principle of citizenship, far from nationalism and sectarianism, because Iraq unites everyone and we must abandon the feeling of marginalization and work according to the law and not escape punishment. The citizen must trust the state and its judicial institutions.” 

He also pointed out that “there are no first-class or second-class Iraqis, etc., as all Iraqis are equal, and the government is strong and state institutions are strong and work to strengthen societal cohesion.” 

Al-Araji said, “The government is working on the largest social integration process for those who came from Al-Hol camp, where they were subjected to psychological rehabilitation in Al-Jadaa camp under the supervision of the Ministry of Migration and Displacement and all other agencies. More than 2,000 families have been returned to their original areas so far, and what remains are 600 families undergoing rehabilitation, in preparation for their return and giving them a chance at life again.”

He also stressed “the importance of monitoring social media sites that spread division and poison among Iraqis and not allowing any party or entity to divide Iraqi society, as security was achieved by the pure blood of Iraqis and must be preserved.”  link

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Tishwash:  Calls to accelerate 2025 budget and boost non-oil revenues

A number of representatives called on the government to expedite the submission of the 2025 budget, warning of the delay that could affect the implementation of development projects and economic reform programs.

They stressed the importance of enhancing non-oil revenues, calling for the adoption of financial and economic policies that contribute to diversifying sources of income and improving resource management.

The representatives stressed the need to develop clear plans for investment in the oil sector, with the aim of increasing productivity and achieving additional revenues to support the budget, in light of the ongoing fluctuations in global oil prices and the economic pressures facing the country.

This comes amidst an emphasis on the need to boost non-oil revenues and ensure the achievement of financial targets to avoid any economic imbalances.

The head of the parliamentary finance committee, Atwan Al-Atwani, said: “We expect the 2025 budget to reach the House of Representatives early next year,” indicating that “the government has begun meetings to restructure the budget items.”

For his part, member of the finance committee, Mustafa Al-Karaawi, stated that “the current year’s budget stipulated the need to provide parliament with the financial schedule before the end of the fiscal year, and any delay in this will cause a delay in the start of implementing the budget and its schedules,” noting that “the non-oil revenues targeted in the budget are estimated at 27 trillion dinars, while what has been achieved so far does not exceed 8 trillion dinars only.”

Al-Karaawi added that “the Ministry of Finance indicated the possibility of collecting 3 trillion dinars per month during the coming period, and that the finance committee called on the government to boost non-oil revenues and ensure the achievement of financial targets to avoid any economic imbalances.”

The MP stressed that “the committee closely monitors the distribution of budget funds to ensure their effective use in serving citizens and strengthening the national economy,” noting that “it discusses from time to time ways to increase government revenues by developing the tax and customs system.”

The MP noted that “there is a government plan that relies on automating and modernizing the work systems in these institutions, and it is expected to be completed by the end of this year, which will contribute to enhancing revenues and ensuring better efficiency in collecting them.”

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, discussed with the delegation of the Adam Smith International Foundation a set of laws related to developing the financial and banking system.

The two sides discussed important draft laws, including the Securities and Commodities Law, the Banking Studies Center Law, and the Islamic Sukuk Investment Law, with the necessary amendments.

Al-Atwani also reviewed before the delegation the most important challenges facing the financial system in Iraq, as well as the steps and priorities of the Finance Committee within the framework of finding a correct philosophy and rational management of public money and the economy by diversifying sources of income and not relying excessively on oil to feed the state budget.

He stressed that “the Parliamentary Finance Committee, as part of its ongoing efforts and continuous efforts to maximize non-oil revenues, is currently working on amending the law of the General Authority for Monitoring the Allocation of Federal Revenues.” link