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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Mini-government committee begins discussions budget for fiscal year 2014 by deleting functional scor

    Rocky
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    Mini-government committee begins discussions budget for fiscal year 2014 by deleting functional scor Empty Mini-government committee begins discussions budget for fiscal year 2014 by deleting functional scor

    Post by Rocky Tue Oct 22, 2013 5:37 pm

    Mini-government committee begins discussions budget for fiscal year 2014 by deleting functional scores

    TUESDAY, NOVEMBER 22 1 / OKRUDOLF 2013 14:24


    Twilight News / Ministry of Finance announced Tuesday that a small committee in the Council of Ministers began discussions of the federal budget for the year 2014, such as presented to the Council for discussion and approval.



    Said Undersecretary Fadel Prophet said in an interview for "Twilight News", "The Council of Ministers form a small committee of specialists to make some adjustments on the aspects of the draft budget 2014," noting that "the Commission conducted until now, discussions on the budget."

    He added that "the Commission conducted a mini amendments to the grades in the budget by deleting some grades and add other grades," asserting that "the budget will be presented to the Cabinet for discussion and approval and forwarded to the House of Representatives."

    The federal budget for next year is 176.5 billion dinars, which is the largest in the history of Iraq, which paid most attention to energy and file security and services.

    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.

    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.

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