Finance parliamentary expects the arrival of the budget in the month of September and confirms the e

by **Rocky** Sat 17 Aug 2013, 10:01 am

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Finance parliamentary expects the arrival of the budget in the month of September and confirms the e

by Rocky Sat 17 Aug 2013, 10:01 am

Finance parliamentary expects the arrival of the budget in the month of September and confirms the existence of a slight increase

Saturday, August 17 2013 BAGHDAD - Awan

Suggested the parliamentary Finance Committee, on Saturday, the arrival of the federal budget during the month of September next, Ziad unexpected minor by the budget compared to last year, stressing that the price per barrel will remain as it is in the guesses of $ 90.

A member of the parliamentary Finance Committee Najiba Najib told the "Awan", "The ideal budget time should be in the next month of September," indicating that "communications conducted by the Finance Committee with experts in the government, confirms the possibility of reaching this time."

Najib drew a deputy from the Kurdistan Alliance, that "the price of a barrel will remain as it is, or $ 90 as a speculative value, expected a slight increase compared to the budget of 2013."

It showed that "the budgets of the legislative and judicial authorities ratified by the government pending the general budget to be discussed in the Committee, and presented to the House of Representatives for a vote."

The project was going forward for fiscal 2013 may form a new crisis in the political arena, as a result of claims of the Iraqi List and the Kurdistan Alliance include requests in going forward.

She wanted the Iraqi List, convert a portion of the amounts and the Ministry of Defence to the provincial development project which has been accepted but not converting from BLM defense budget of all ministries and provinces.

The Kurdistan Alliance wanted to include the dues of the oil companies and the salaries of the Peshmerga within the budget to ensure paid by the executive government.

The House of Representatives approved the 2013 budget of 138 trillion dinars, or about 118.6 billion U.S. dollars based on an oil price of $ 90 per barrel and projected exports at 2.9 million barrels per day.

Iraq has the fourth largest oil reserves in the world, and contribute to oil revenues by 95 per cent in the financing of its national budget.

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