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Tuesday, January 13, 2015

KTFA CHAT UPDATE, 13 JAN

Ktfa: 

sigshome » January 13th, 2015, 7:20 am  •  Dollar 92.22

w8tn4it2rv    I'll let the cat of the bag.

IMO....The president already signed the budget on 12/27/14. This week is the 15 day constitutional time frame.
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By Walkingstick

Once, approved by Parliament...The budget, is sent to the President of the Republic, for... signature (ratification) ... (Article 73) of the Constitution.. The budget and or any laws (enacted) sent to the President, from the (Council of Representatives) for, signature, considered... ratified ,15 days from the date of receipt. The budget, retroactive.. Jan 1st
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The federal public budget law of the Republic of Iraq for the year 2015

Article-41.

This law shall be published in the Official Gazette and implemented as from 1 January 2015
Dr Fouad Massoum the President of the Republic Rationale

For the adoption of the general budget of the Republic of Iraq for the fiscal year 2015 initiated this law.

27/12/2014 12: 00 am
(Date signed by President Fouad Massoum)

In the name of the people
The Presidency of the Republic
Decision No. ()

As passed by the House of representatives in accordance with the provisions of item (I) of article (61) and item (iii) of article 73 of the Constitution.
The President of the Republic decided to date//2014
Issuance of the following law:

Law No. () of 2014
The federal public budget law of the Republic of Iraq for the year 2015

http://www.alsabaah.iq/ArticleShow.aspx?ID=8

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Aggiedad77:   Good Morning w8tn4t2rv,

I will still contend that all you have here is a mere shell of the "draft" budget document.....it lacks the decision number, any date that President Masum would have actually signed the document, the law number assigned to it.....it has not been placed in the Gazette as yet.....and at the time Parliament had only had one reading on the budget, that of 12/25/2015.

They have just spent a number of days on the second reading of the budget and have announced the vote to take place on Jan 20....this all from their official website.

Aloha    Randy

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