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Source: Parliament votes today to reject the budget and return it to the government

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Source: Parliament votes today to reject the budget and return it to the government

Unread postby admin » Sun Dec 03, 2017 9:56 am

Source: Parliament votes today to reject the budget and return it to the government

2017/12/3 10:37

Source - Parliament votes today to reject the budget and return it to the government

(Baghdad: Al-Furat News) revealed the source of parliamentary resolve of the House of Representatives vote in its session on Sunday to restore the draft budget law for the year 2018 to the government.
The source told the {Euphrates News} that "the House of Representatives intends during its meeting today to vote in principleto reject the budget sent by the government and return to it because there are many comments on it."
The House of Representatives had received last Friday the draft bill of the budget of 2018 and is scheduled to start reading in an extraordinary session on Sunday.
A member of the parliamentary committee Mahasen Hamdoun for {Euphrates News}, the most prominent articles included in the draft budget law, stressing that "free of items that serve the Iraqi citizen."
Hamdoun said that "the size of the budget 2018 is 104 trillion dinars, and the default deficit of 14 trillion dinars (13.4%)."
She added that "the value of budget revenues are 90 trillion dinars and 77 trillion of which are the imports of selling oil (85.5%) and 13 trillion of other sectors."
In the reference of a member of the Finance Committee Magda Tamimi that "the proportion of the salaries of employees equal to the deduction rate in 2017 and by 3.8% with a reduction of the share of the region to 12.67% and set the price of $ 46 per barrel of oil."

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