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Parliament to host al-Shahristani, & calls to wait on validation of licenses oil contracts

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Roxy

Roxy

Approved the issuance of treasury money to finance contracts for electricity and to vote on a proposal to set up a committee of emergency water

Council called on the government agreed to slow down the ratification of the licenses oil contracts to foreign companies, a decision to host the Oil Minister Hussein al-Shahristani on Tuesday of next week.

While a majority of parliament approved the issuance of treasury money to finance contracts for electricity, for a vote on the proposed formation of a water emergency committee of the House of Representatives held a session yesterday the twenty-first routine, headed by Iyad al-Samarrai, head of the parliament. The Samurai, to postpone the vote on a proposal to set up a committee emergency request from the competent authorities, and the addition of a new paragraph on the agenda after the approval of the Board read the law of an institution of prisoners.

The Deputy Qasim Dawood, a point of order which he said: "We have to make sure of what is trying to hide or delay the request signed by fifty-two deputies and on the follow-up work of the accountability and justice and the existing violations," while the prosecutor asked Falah Shanshal of the application submitted to the Presidency on the assignment of officers who have violated the human rights of the investigation, arrest, and in regard to the law of service and retirement of military deputy asked Abdul Amir Al-Ghazali the Council and the Commission on Security and Defense Council introduced a law to ratify it, but the Attorney فرياد Raundozi stressed that security and defense committee on the verge of completion of this law and will be submitted to the vote soon. In response to the request of Vice President of Amer Thamir parliament to form a committee of members of the Defense and Security, integrity, accountability and justice to investigate the accountability and justice (Debathification previously) regarding violations of the legal details of that body. In the meantime, Dr Samarraie of the Finance Committee submitted a special report the adoption of the issuance of treasury money to finance the electricity contracts and the allocation of pensions proposed by the presidents and ministers. "MP Khalid Huani: he was supposed to present the matter to the Council before a vote to amend the preamble," MP Abdullah Saleh has said: "The legislation we already have differ in terms of text and must be corrected by the resolution, "but that Secretary of State for Parliamentary Affairs said:" The issue of money is regulated by the Treasury decision approved by the State Council.

The MP expressed his opposition to Ibrahim al-Nima remittances as a form of usury and the subject of this illegal and unconstitutional, while the Attorney-Sabah Saadi explained that this issue is not the legal validity of the House of Representatives, with the Attorney-Senaid good that the matter before it for information only and that the Committee had requested to add to the vote, which is not true. In the meantime, the Speaker of Parliament was subject to ratification by a majority vote (110) votes. The reading of yesterday's meeting the Finance Committee report on the proposed allocation of salaries to pension Riasta the Republic and the Minister for a number of national figures that served in Iraq, has supported a number of deputies that report, showing some of his views, which Tl_khast that the increase should be within certain controls and the formation of a national committee for this purpose.

Demanded MP Shatha al-Musawi, the convening of a special meeting to discuss the licensing round for oil contracts with foreign companies, pointing out that oil experts confirmed that the share of oil companies as a result of this licensing up to 50 percent, and this is a significant waste of public funds, MP Ali Hussein said Blue had access to the Commission on oil and gas appeals from a number of tables, the Southern Oil Company on the subject of the first licensing round and the second and the need to wait for approval, while praised, Abd El-Karim al-Enzi asked to wait, and expressing fear of wasting huge amounts of money as a result of approval of these licenses, calling at the same time to host the Minister of Oil and experts to discuss the matter. For his part, proposed by the President of the House of Representatives on the government to wait on the subject of the approval of licenses, and the presence of the oil minister to discuss the issue on Tuesday of next week.

The Council resumed on the second reading of the draft law on the protection and improvement of the environment. The following is the text of a resolution to issue treasury remittances to finance the electricity sector contracts, according to a statement received "morning," a copy of it.

* Ministry of Finance issued treasury remittances Iraqi banks set out the names of the attached list, and the amount of the total 2,808 trillion Iraqi dinars, equivalent to 2.4 billion dollars in an interest rate of 2 percent annually for a period of one year.
* The duration of the loan one year non-renewable.
* The Central Bank will manage this loan, and money orders are part of the mandatory legal reserve of the banks.
* Central Bank of Iraq is the transfer of the amount above the amount of dollars and the currency of the said letter of the Council of Ministers of 2.4 billion dollars, and shall be placed in the sub-account on behalf of the Ministry of Electricity in the Iraq account.
* At the end of term of the loan mentioned in paragraph (2) above, and the Central Bank of Iraq, according to the amount of 2.4 billion addition to the amount of the benefit of 2 percent of the Finance Ministry's account in the calculation of the development of Iraq and the Iraqi dinar to convert and re-deposit in the accounts of the banks listed above.

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Panhead

Panhead
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Thanks Roxy...hope those equivalency numbers change real soon!

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