tisdag 19 februari 2013

Budgeten

Budgeten för Irak går på övertid just nu, de är oense om bla KRGs krav på 3,5 miljarder $ extra till oljebolagen som inte fått betalt för levererad olja.

Som jag förstått de är de väldigt kostsamt att skjuta upp budgeten och de vill därför komma överrens så fort som möjligt.

Godkänner de KRGs krav så är de ett stort steg framåt för bolagen i området. Har även hittat artiklar som säger att oljelagen skall tas upp efter att budgeten blivit godkänd, låt oss hoppas att detta stämmer .

Budget to the vote at the meeting tomorrow and the pension law in the Council of Ministers of the budget to a vote
Baghdad / justice - 02/18/2013 - 11:10 | readers number: 3


House resumes on Tuesday its vote on a bill the state budget for 2013. A parliamentary source said that "the House of Representatives will be held Tuesday its agenda includes only vote on the budget bill for the current year.

Without referring to the source of an agreement between the blocs about the budget law or not. The House of Representatives has postponed its regular Monday and kept it open until the agreement on the final version and make adjustments to the draft law the state budget for 2013. In this context crossed block citizen parliamentary More hope all political parties to vote on the federal fiscal budget because it belongs to all segments of the population. The MP said the bloc citizen parliamentary Aziz Kadhim Alwan that "there must approve the budget during this period, which is an opportunity for Jean parliamentary and private financial and legal through agreed upon politically from all sides." And that "there is a convergence between all parties on the issue of the budget and possible approval if compatibility in accordance with the Constitution and the law and reasonable and not out of the ordinary. " On the other hand, announced that a member of the parliamentary Finance Committee sent a bill Unified Retirement to the Council of Ministers. Said committee member Magda Tamimi said that "the State Council sent a draft pension law to the Council of Ministers after show all observations of the law." The House of Representatives has set up a blueprint for improving the salaries of retirees, but remained long under study at the Council of State, sparking controversy in the popular and regulators, in which he criticized a number of retirees and employees in government departments discrimination [clearly] between retired and another, which contained a draft pension law, while calling on others inclusion of employees in the private sector law. demonstrated a number of retired last December 2012 in several governorates, to demand Parliament to expedite the passage of a law new retirement according to modifications to ensure a decent life for them. still retirees, according to government estimates live below the poverty line, in addition to the neglect of the enactment of the pension that guarantees them a pension believes living needs, although material resources possessed by the country . parliamentary sources said that the draft budget, which is still in the House of Representatives did not put to the vote and approved text to allocate 1.2 million dinars per retired pay at a rate of 100 thousand dinars per month until the enactment of the new retirement.
 











Iraq in dispute over 2013 draft budget as KRG oil sector demands higher allocation

Baghdad (Platts)--13Feb2013/658 am EST/1158 GMT


Link:
http://www.platts.co...eed/Oil/8145223




Iraqi politicians are in dispute over a $119 billion draft budget for 2013 that would set aside $11.3 billion for companies developing oil fields under contracts with Baghdad and $625 million for those under contracts with the semi-autonomous Kurdistan Regional Government, parliamentarians told Platts Wednesday.

The budget is based on an expected oil production of 2.9 million b/d at $90/barrel.

The Kurds say they need nearly $4 billion to pay companies with KRG contracts, for this year as well as for previous years' work in developing the sector, which is capable of exporting nearly 300,000 b/d of oil, KRG oil officials said.

A delegation sent by Prime Minister Nouri al-Maliki is in Erbil, the KRG capital, to negotiate on the budget allocation for 2013.

The KRG said that it will not be able to convince the companies under its contracts to resume oil exports from the region, unless the higher allocation is included in the 2013 budget. The Kurds at the end of December last year suspended crude oil exports via the Baghdad-controlled export pipeline, after the latest in a series of short-term political deals over the past two years fell through.

Maliki's allies, however, say it is the KRG that must act first and maintain exports. The KRG was supposed to export 175,000 b/d in 2012, which it did not. The 2013 budget calls for 250,000 b/d and contains language that will penalize the KRG's take of revenue redistribution relative to the revenue lost by exporting below that amount "as damage to the national budget for the lack of required supply," said Hanan Fatlawi, a member of parliament with Maliki's State of Law bloc.

The KRG, which essentially is made up of three northern provinces, typically receives 17% of the revenues redistributed to the provinces. Fatlawi has led a push to reduce that to 12%, another red line by the Kurds in this budget process.

Kurdish parlimentarians say that the budget puts all the burden on the KRG to perform and has no penalties for the central government if it does not deliver.

The KRG has signed 49 contracts with foreign oil companies including ExxonMobil, Total and GazpromNeft, which already have deals with Baghdad and have thus increased political tension. Baghdad views the KRG deals as illegal and says only the central government has the right to sign contracts. 


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