Iraq is heading toward cost control and to support reconstruction projects in the budget of 2014

Iraq is heading toward cost control and to support reconstruction projects in the budget of 2014

WEDNESDAY, OCTOBER 16 1 / OKRUDOLF 2013 19:11


Twilight News / said Iraqi Prime Minister Nuri al-Maliki on Wednesday that the committee preparing the budget 2014 recommended that adjusts the costs and increase the amounts allocated for reconstruction and construction.

Informed sources were as likely that the financial budget of the country for the next year about $ 150 billion is the largest in the history of Iraq. The current year budget of $ 118 billion.

Comes the steady increase in the budgets of Iraq from the funds of the sale of crude oil, which depends upon the country to finance 95 percent of the budget.

Maliki said in a televised statement pursued "Twilight News" The Committee recommended increasing the amounts allocated for reconstruction and construction projects, which include housing projects, roads, bridges, ports, schools and universities.

Iraq has limited infrastructure in various sectors after long years of wars and sanctions and is trying to take advantage of the rise in oil exports annually for reconstruction.

However, these efforts often collide with corruption and red tape, and the deterioration of the security situation.

Maliki added that the Committee also recommended the formation of the reconstruction and construction in order to assume the implementation of projects in a direct way and that does not remain the responsibility of the ministries.

The Prime Minister pointed out that the budget 2014 are moving towards cost control and prevent purchases by straining the public budget, alluding to prevent all purchases of cars, furniture, devices and circuits luxuries and adjust الايفادات of in terms of number and quantity and the amounts allocated to them.

Maliki said, "is necessary because the waste tuned recipe reprehensible and it strained the state."

The witness Iraq's oil production growth since 2009 when it signed agreements with international energy companies to develop fields and aspires to produce about 8 million barrels per day by 2017 from about 3.3 million barrels per day at the moment.

Usually delayed Iraq to approve the financial budget as a result of differences between the political blocs on the aspects of exchange and expenses and the money allocated to the provinces.

Iraq desperately needs the money for the reconstruction of the country and revive public services that citizens complain of scarcity, despite the passage of ten years of lifting the blockade on the country.

The Iraqi Ministry of Electricity that it has made significant progress in the provision of electricity and it would end the crisis the end of the year, and demanded that al-Maliki during his televised speech citizens guided by the use of electric power and drinking water.

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