Adoption of the budget in 2012 to nothing to do with the fil
Posted: Thu Dec 08, 2011 10:10 amAdoption of the budget in 2012 to nothing to do with the file of the final accounts
Baghdad, 8 December / December (Rn) – The parliamentary Finance Committee, Thursday, to approve the budget in 2012 to nothing to do with the file of the final accounts.
Committee Chairman Haider Abadi, told the Kurdish news agency (Rn) that “the approval of the financial budget for 2012 has nothing to do end to file financial accounts of previous years”, .. explaining that “the file already shut down due to the presence of some missing documents that require the search for funds and allocations spent in 2005 and 2004. “
“The final accounts must be delivered in the ninth month of the following year, so the delay in the current budget will affect the economic situation in the country.”
He explained that “the budget law is quite different from the law of the final accounts is therefore not require to submit final accounts with the budget.”
The value of the 2012 budget approved by the government last Monday $ 100 billion and a deficit of up to $ 13.5 billion, and focused on the energy sector and oil phase first, and then the security sector, and then the education sector, education and health.
The Government has adopted the Iraqi oil price of $ 85 and the foundation expects to which differences in the price of oil to cover more than $ 10 billion deficit.
And imposes a financial budget to Iraqi ministries and government bodies to provide financial Khovatha in the first quarter of next year following the budget year. According to the Iraqi Council of Representatives, it had not seen the final accounts since 2005 until now, and blames the government for not submitting the final accounts prior to the unstable conditions experienced by the country.
And carried the Ministry of Finance earlier in the ministries and government bodies responsible for failure to submit financial statements to the budgets of the years 2008, 2009 and 2010 because of the neglect is justified in the provision of final accounts for the financial expenses.
http://bit.ly/s0lOmt
Baghdad, 8 December / December (Rn) – The parliamentary Finance Committee, Thursday, to approve the budget in 2012 to nothing to do with the file of the final accounts.
Committee Chairman Haider Abadi, told the Kurdish news agency (Rn) that “the approval of the financial budget for 2012 has nothing to do end to file financial accounts of previous years”, .. explaining that “the file already shut down due to the presence of some missing documents that require the search for funds and allocations spent in 2005 and 2004. “
“The final accounts must be delivered in the ninth month of the following year, so the delay in the current budget will affect the economic situation in the country.”
He explained that “the budget law is quite different from the law of the final accounts is therefore not require to submit final accounts with the budget.”
The value of the 2012 budget approved by the government last Monday $ 100 billion and a deficit of up to $ 13.5 billion, and focused on the energy sector and oil phase first, and then the security sector, and then the education sector, education and health.
The Government has adopted the Iraqi oil price of $ 85 and the foundation expects to which differences in the price of oil to cover more than $ 10 billion deficit.
And imposes a financial budget to Iraqi ministries and government bodies to provide financial Khovatha in the first quarter of next year following the budget year. According to the Iraqi Council of Representatives, it had not seen the final accounts since 2005 until now, and blames the government for not submitting the final accounts prior to the unstable conditions experienced by the country.
And carried the Ministry of Finance earlier in the ministries and government bodies responsible for failure to submit financial statements to the budgets of the years 2008, 2009 and 2010 because of the neglect is justified in the provision of final accounts for the financial expenses.
http://bit.ly/s0lOmt