Parliamentary Finance Committee: previous budgets has passed

[Stillw8n]

Parliamentary Finance Committee: previous budgets has passed laws on the current account and still undefined

Baghdad (news) .. the parliamentary Committee confirmed that the previous years which saw the recognition on the federal budget has been through the deals that resulted in passing key legislation at the expense of the approval to pass the budget, indicating that the current year budget is not clear which, if anything about what will be through pass important laws or not.

A member of the Finance Committee MP Faleh force (of the Agency news): The past years have seen the approval of the federal budget but through deals to pass several laws, including the amnesty law and the law of the provincial councils, noting that only the previous year’s budget did not pass laws which deal.

The effect is that the current year budget is still undefined, there are laws will be included with the agenda of being in which the vote on the budget or not? .

He added that the Finance Committee to the touch, there are statements by some of the blocks he could not pass the budget until after the implementation of a number of their demands but those demands are within the budget and not outside.

The effect is that if I felt the Finance Committee such a conduct of any point The Committee will have a serious attitude and clear, indicating that it is possible that there is political exploitation of the budget in any file that was.

The House voted on the budget for 2011 amounting to some 93 trillion dinars deficit of 14 trillion dinars, while the operating expenses 64 trillion dinars and expenditures investment 29 trillion dinars, based on the rate of 76.5 dollars per barrel of oil at a rate of 2.0002 million barrels a day, including 100 thousand barrels of the Kurdistan region.

The speaker of the House of Representatives Osama Najafi, on November 28, 2011, the need to expedite the completion of the annual budget for the year 2012 during the period of short, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund that works to reduce and minimize the recurrent budget in the budget for Iraq in 2012.
The Iraqi Ministry of Planning announced (22 September 2011), that the financial budget for the year 2012, will be between $ 112 and $ 120 billion, confirming that 35 percent of the budget allocated to the investment, while the last budget year 2011 of $ 81.9 billion deficit of $ 13.3 billion.

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