The Federal Budget Law for the year 2019, voted in the House of Representatives and ratified by the Presidency of the Republic

2/5/2019

In the name of the people, the
Presidency of the Republic
on the basis of what was approved by the House of Representatives and approved by the President of the Republic and based on the provisions of item (I) of Article (61) and Article (III) of Article (73) of the Constitution.

The following law was issued:
Law No. () of 2019
Federal Budget Law of the Republic of Iraq for the fiscal year 2019
((Chapter I))
Revenues

Article 1 First-a- Federal budget for the fiscal year / 2019 revenue is estimated at the amount (105 569 686 870) thousand dinars (one hundred and five trillion five hundred and sixty - nine billion six hundred and eighty - six million Tmnmaip seventy thousand dinars) as Shown in (Table A / Revenues as per the preparation) attached to this law.

B) Calculation of the revenues from the export of crude oil based on the rate of (56) dollars (fifty six dollars) per barrel and an export rate of 3880000 barrels per day (three million eight hundred thousand barrels per day), including (250000) barrels per day (two hundred and fifty) Thousand barrels per day) for the quantities of crude oil produced in the Kurdistan region on the basis of the exchange rate (1182) dinars per dollar and all revenue is actually achieved a final revenue for the state treasury.

Second: The ministries and entities not affiliated with the Ministry and the provinces and the Kurdistan Regional Government are obliged to record all amounts of cash grants obtained under the memorandums of understanding with foreign governments or institutions as final revenues of the Federal General Treasury. The Federal Ministry of Finance shall reallocate them for the purposes granted for them in coordination with the Federal Ministry of Planning.

Third: The amounts donated to ministries and entities not connected to the Ministry, the provinces and the Kurdistan Regional Government shall be recorded after their acceptance by the Federal Minister of Finance as final revenue to the Federal General Treasury, provided that the Federal Minister of Finance allocates them to the appropriations of the Ministry or the entity not connected to the Ministry of Disbursement.

The amounts of grants or donations from foreign governments and institutions to ministries and entities not affiliated with the Ministry, the governorates, the provincial councils and the KRG under the memorandums of understanding or the private sector shall be recorded as final revenues for the Treasury, whether these grants and contributions are in the form of technical assistance or projects Training courses), with their guesswork being recorded in the records of the ministry or the non-affiliated with the ministry or the regions and governorates and the provincial councils concerned.

Acceptance of cash or in kind grants and re-allocation in coordination between the beneficiaries and Of the Federal Ministries of Planning and Finance.

Fifth: The amounts of grants and unused subsidies shall be calculated from the amounts allocated to the government departments and public sector companies by the end of the fiscal year 2018 in accordance with the accounting standards used to calculate the final disbursement.

The excess or overpayment amounts on this basis shall be considered as an advance payment on the grant account allocated to the department or unit per year financial 2019.


((Chapter II))
expenditure and deficit
Article (2) First: Expenses - The amount of (133107616412) thousand dinars (one hundred and thirty three trillion and one hundred and seven billion six hundred and sixteen million and four hundred and twelve thousand dinars). For the fiscal year 2019 including, the amount of internal and external debt installments of (10792690780) thousand dinars (ten trillion seven hundred and ninety-two billion nine hundred and ninety-nine million seven hundred and eighty thousand dinars), distributed according to (field / 3 total expenditures) of (Table / Ministries) attached to this law.

1- The amount of (33048506408) thousand dinars (three and thirty trillion and forty-eight billion five hundred and six million and four hundred and eight thousand dinars) for project expenditures to be distributed according to (field /

2 expenditures of investment projects) from (Table / B expenditures by ministries) attached to this law. Including the amount of (5671236000) thousand dinars (five trillion and six hundred and seventy-one billion and two hundred and thirty-six million dinars) through foreign loans and (444432000) thousand dinars (four hundred and forty-four billion and four hundred and thirty-two million dinars) through borrowing from the Iraqi Trade Bank

(A) Current expenditures of (Table A / B expenditures by ministries) attached to this law, including the amount of the internal debt installments The exterior of (10792690780) thousand dinars (ten trillion seven hundred and ninety - two billion six hundred and ninety million seven hundred and eighty thousand dinars) the amount of benefits (4534073555) thousand dinars (four trillion five hundred and thirty - four billion seventy - three million five hundred and fifty - five thousand
dinars.)

3 The sum In the amount of (200000000) thousand dinars (m A billion dinars) contingency reserve within the provisions of other expenses for the budget of the Federal Ministry of Finance out of the allocations mentioned in item (I-2) referred to above.

4) An amount of (2 billion) thousand dinars (two trillion dinars) is allocated for the reconstruction and development of projects in all governorates.

The
Governor shall submit the plan for the reconstruction of the governorate and the districts and sub-districts approved by the Council of the province, depending on the plans drawn from the councils of districts and districts to the Federal Ministry of Planning for the purpose of study and approval to take into account the most affected areas within the province and to allocate allocations to maintain districts and Nau
Pass People of the
Presidency of the Republic

based on what passed the House of Representatives and approved by the President of the Republic and based on the provisions of subsection (I) of Article (61) and item (iii) of Article 73 of the Constitution.

The following law was issued:
Law No. () of 2019
Federal Budget Law of the Republic of Iraq for the fiscal year 2019
((Chapter I))
Revenues

Article 1 First-a- Federal budget for the fiscal year / 2019 revenue is estimated at the amount (105 569 686 870) thousand dinars (one hundred and five trillion five hundred and sixty - nine billion six hundred and eighty - six million Tmnmaip seventy thousand dinars) as Shown in (Table A / Revenues as per the preparation) attached to this law.

B) Calculation of the revenues from the export of crude oil based on the rate of (56) dollars (fifty six dollars) per barrel and an export rate of 3880000 barrels per day (three million eight hundred thousand barrels per day), including (250000) barrels per day (two hundred and fifty) Thousand barrels per day) for the quantities of crude oil produced in the Kurdistan region on the basis of the exchange rate (1182) dinars per dollar and all revenue is actually achieved a final revenue for the state treasury.

Second: The ministries and entities not affiliated with the Ministry and the provinces and the Kurdistan Regional Government are obliged to record all amounts of cash grants obtained under the memorandums of understanding with foreign governments or institutions as final revenues of the Federal General Treasury. The Federal Ministry of Finance shall reallocate them for the purposes granted for them in coordination with the Federal Ministry of Planning.

Third: The amounts donated to ministries and entities not connected to the Ministry, the provinces and the Kurdistan Regional Government shall be recorded after their acceptance by the Federal Minister of Finance as final revenue to the Federal General Treasury, provided that the Federal Minister of Finance allocates them to the appropriations of the Ministry or the entity not connected to the Ministry of Disbursement.

The amounts of grants or donations from foreign governments and institutions to ministries and entities not affiliated with the Ministry, the governorates, the provincial councils and the KRG under the memorandums of understanding or the private sector shall be recorded as final revenues for the Treasury, whether these grants and contributions are in the form of technical assistance or projects Training courses), with their guesswork being recorded in the records of the ministry or the non-affiliated with the ministry or the regions and governorates and the provincial councils concerned.

Acceptance of cash or in kind grants and re-allocation in coordination between the beneficiaries and Of the Federal Ministries of Planning and Finance.

Fifth: The amounts of grants and unused subsidies shall be calculated from the amounts allocated to the government departments and public sector companies by the end of the fiscal year 2018 in accordance with the accounting standards used to calculate the final disbursement. The excess or overpayment amounts on this basis shall be considered as an advance payment on the grant account allocated to the department or unit per year financial 2019.

((Chapter II))
expenditure and deficit
Article (2) First: Expenses - The amount of (133107616412) thousand dinars (one hundred and thirty three trillion and one hundred and seven billion six hundred and sixteen million and four hundred and twelve thousand dinars).

For the fiscal year 2019 including, the amount of internal and external debt installments of (10792690780) thousand dinars (ten trillion seven hundred and ninety-two billion nine hundred and ninety-nine million seven hundred and eighty thousand dinars), distributed according to (field / 3 total expenditures) of (Table / Ministries) attached to this law.

1- The amount of (33048506408) thousand dinars (three and thirty trillion and forty-eight billion five hundred and six million and four hundred and eight thousand dinars) for project expenditures to be distributed according to (field / 2 expenditures of investment projects) from (Table / B expenditures by ministries) attached to this law.

Including the amount of (5671236000) thousand dinars (five trillion and six hundred and seventy-one billion and two hundred and thirty-six million dinars) through foreign loans and (444432000) thousand dinars (four hundred and forty-four billion and four hundred and thirty-two million dinars) through borrowing from the Iraqi Trade Bank

(A) Current expenditures of (Table A / B expenditures by ministries) attached to this law, including the amount of the internal debt installments The exterior of (10792690780) thousand dinars (ten trillion seven hundred and ninety - two billion six hundred and ninety million seven hundred and eighty thousand dinars) the amount of benefits (4534073555) thousand dinars (four trillion five hundred and thirty - four billion seventy - three million five hundred and fifty - five thousand
dinars.)

3 The sum In the amount of (200000000) thousand dinars (m A billion dinars) contingency reserve within the provisions of other expenses for the budget of the Federal Ministry of Finance out of the allocations mentioned in item (I-2) referred to above.

4) An amount of (2 billion) thousand dinars (two trillion dinars) is allocated for the reconstruction and development of projects in all governorates.

The
Governor shall submit the plan for the reconstruction of the governorate and the districts and sub-districts approved by the Council of the province, depending on the plans drawn from the councils of districts and districts to the Federal Ministry of Planning for the purpose of study and approval to take into account the most affected areas within the province and to allocate allocations to maintain Cadaver and nouveau.


http://tasrebat.news/archives/117694