Budget: $ 1,000 per Iraqi upon the determination of oil revenues

Budget: $ 1,000 per Iraqi upon the determination of oil revenues



The time on Wednesday, December 30 2 / January 2013 15:50. | |


BAGHDAD / Yousef Salman

Parliamentary Finance Committee revealed that the mass coalition of Kurdish blocs asked for the inclusion of $ 4.5 trillion dinars in the general budget for the payment of contracts of oil companies in the Kurdistan region, and said that the per capita share of approving the distribution of the surplus revenue by about a thousand dollars retroactively for the years 2012 and 2013.

The MP said Magda Tamimi said Liberal bloc will benefit the 2012 and 2013 years of surplus revenue and enforceable in the current budget to be distributed among the citizens. She noted that the Federal Court ruled wrong based on incomplete data provided by the Government respond to the lawsuit by the decision to distribute the surplus revenue.

Tamimi added that last year's budget saw record fiscal surplus by about 5 trillion dinars, but pointed out that the cost of distributing the amount of $ 500 per capita oil revenues up about less than two trillion dinars.

Tamimi confirmed that the per capita share of approving the distribution of surplus revenues retroactively for the past two years and this year will be about $ 1000, indicating that the current budget prevented state departments contracted with workers daily wage system.

And revealed a member of the Finance Committee parliamentary that the Kurdistan Alliance request to include the general budget allocations $ 4.5 trillion dinars for the payment of contracts oil companies operating in the Kurdistan region. She received parliamentary committee signed application of 122 deputies representing various blocks to reduce the share of the Kurdistan region of the budget to less than 10 % instead of the current 17%.

Usually that the share of Kurdistan and the dues of the Peshmerga forces and the distribution of wealth and oil companies contracts the main points of contention that hinder the adoption of the general budget. Tamimi criticized the public budget allocations which she formulated in accordance with the principle (one of them takes the elephant and the other gets on the tail of the elephant).

Tamimi confirmed that approving the budget will require a political consensus between the leaders of the blocs to avoid the vote of the Kurdistan Alliance bloc law. They pointed out the presence of a crucial meeting of the heads of the blocks with the Finance Committee before the voting session for a final exit agreement ensures pass the general budget.

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