22/12/2012-4: 40 pm
Abdel Hassan abtan, the Economic Committee in the House of
representatives was to accelerate giving opinion on budget anticipated
endorsement end of January next year
Abtan said of future
news, Saturday "we expect adoption of budget law approved late January
next year if political stability the situation as if the political
escalation might receive her going astray on the theme of balance"
direct support service sectors such as agriculture, health, education
and housing and by consensus of the House" and "snnakel budget funds
from one sector to another sector of the need to support"
Cabinet agreed at its forty-sixth regular on 23 October last year, the
federal budget bill to 2013 amount (138) trillion dinars, an increase of
18 percent from last year.
to the project that the total federal revenue reached (119.3) trillion
dinars are the result of calculating the revenue resulting from the
export of crude oil average price of 90 dollars per barrel and export
capacity up to 2.9 million barrels a day, the quantity produced and
exported from Kurdistan and of (250).
investment budget (55) trillion dinars and operational budget (83)
trillion dinars, distributed between the institutions and ministries and
State bodies all public expenditure will be distributed according to
population ratios after excluding the Federal Ministry Center
customizations and sovereign expenditure
General Federal budget takes a long time each year until it is approved
by the House, causing disabling most projects, confirm deal that gives
the first pretext to companies implementing projects in disruption or
delays, which reflected negatively on services
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