The supplementary budget opens the doors of appointments in the ministries of interior, defense and

The supplementary budget opens the doors of appointments in the ministries of interior, defense and health


 Baghdad / Fadia al-Jawari

The federal budget of Iraq, 2017, 100 trillion (84.7 billion dollars), and the deficit expected 21 trillion (17.7 billion dollars), which requires the government to add the supplementary budget.
"The House of Representatives discussed earlier the addition of the supplementary budget because the federal government changed the budget price of oil estimated from 42 dollars to 44.40 dollars and the quantities of oil exported are 3 million and 750 thousand barrels, including the region's oil."
"There is an increase in the budget from 100 trillion dinars to 107 trillion dollars in addition to an increase in revenues from 79 trillion to 83 trillion, that is, there is a budget increase of 7 percent," Haider said in a statement. Which is more than existing revenues, which led to an increase in deficit. "
A member of the Finance Committee, pointed out that" The budget deficit was 21 trillion and now is 25 trillion, "explaining that 7 trillions of the increase in the budget allocated three trillion to investment expenditure to go to the liberated areas and put a special article in the budget, and allocate a lot of money to liberated areas, especially districts and districts. Provinces that were under the control of a supporter. "
Haider stressed that "the other part of the money added to the budget has been allocated as entitlements to farmers and peasants from the years 2014 to 2017, and the last of which was allocated to the receivables of contractors in the federal government and part pay as salaries to employees and retirees."
"This budget is complementary, and we will merge this supplementary budget with the materials that have been challenged by the government and there are discussions with the Ministry of Finance and the government to reach a unified agreement."
A member of the Economic Committee of Parliament, Harith al-Harithi that "
The supplementary budget represents a deliberate organization of the economic situation by specialists in the Ministry of Finance, "stressing that" this budget will work to fill many of the needs. " Al-Harithi pointed out in a statement to (the extent) that" the Economic Committee cooperated with the Finance in raising the budget within the parliament "Pointing out that" the supplementary budget included the opening of the doors of appointment in the Ministries of Interior and Defense and Health. "
In turn, said economist Amer Jawahri said in a statement (to the extent) that" all previous budgets did not reflect positively on the economic reality of Iraq, but it leads to increased exchange With the dispersion of money.
" And the supplementary budget does not represent a radical solution, but the solution lies in improving the management of public money. "
A member of the Committee on Economy and Investment, Najeeb Najib that"
Najib said in a press statement that "the supplementary budget included several changes after the total trillion dinars is now (107) trillion dinars, while the price of oil has become the price of a barrel of 44.6 dollars after it was 42 dollars not to mention an increase in the deficit from 21.6 ratio to 25 trillion. "
as Najiba stressed the payment of contractors and farmers after have been identified 3 trillion and 500 billion of realized the increase of oil exports, adding that the increase was monitored to farmers, contractors and projects of electricity dues.
It is The value of the budget T approved by the government of about $ 95 billion, and a projected deficit of $ 20.5 billion. The budget figures were built based on the price of conjectural per barrel of oil is $ 45, and the export quantity of 3. 6 million barrels per day of crude, including oil exported by the Kurdistan region and the deal concluded at the end of last year to hand over 550 thousand barrels of oil per day to the federal government in return for receiving his share of the budget.
The head of the parliamentary bloc of the Kurdistan Democratic Party, Ahmed Mohsen al-Saadoun said that the mass did not attend the voting session, and has objections from the outset and believes that the budget that was approved did not meet their demands.
He stressed that the passage of the budget did not resolve the outstanding issues between the federal government and the Kurdistan region, including oil exports, adding that the budget did not allocate sufficient funds for the salaries of government employees and Peshmerga fighters in Kurdistan. The KRG has announced that it will not be bound by the federal budget law if its observations and reservations are not taken into consideration before enacting it. The provincial government says it needs a monthly ($ 733) million to pay the salaries of staff, not the $ (264) million identified in the draft budget.
Iraq, which relies on revenues from the sale of oil to cover about 95% of its expenses will lead to falling prices of the barrel to less than $ 40 to the lack of oil revenues, which will be paid in addition to the war expenses against the dues to more loans, which could result in additional financial burdens as a result Future benefits in addition to economic and political dependence.
The budget of 2016 included a large deficit, with a deficit of about $ 25 billion.
A report issued by the World Center for Development Studies, based in the British capital London, warned that the Iraqi budget deficit is clearly threatening the Iraqi oil sector. According to the report, the deficit exceeded $ 50 billion, Iraq would be at risk of bankruptcy in 2017, and inability to pay the salaries of its employees.


[You must be registered and logged in to see this link.]