Finance parliamentary: 2014 budget of {174} trillion dinars and a deficit of more than {30} trillion

Finance parliamentary: 2014 budget of {174} trillion dinars and a deficit of more than {30} trillion



2013/11/10 {Baghdad: Euphrates News} A member of the Finance Committee representative, Faleh applicable, that the size of the financial budget of the Federal Assembly for the next year with a {174} trillion dinars and a deficit of more than {30} trillion, criticizing the mechanism that is on the basis of which the preparation of the budget, describing it that to Ayaol them set up the infrastructure.

He said in effect, told {Euphrates News} on Sunday that "the size of the financial budget of the Federal Assembly has now reached record a {174} trillion dinars and a deficit of more than {30} trillion," and expressed hope that "there will be accurate calculations take into consideration the budget preparation according to the programs as the budget preparation was a classic old way Ayaol produce infrastructure. "

He explained that "the budget need to be quiet atmosphere and broad compatibility, and it's still porticoes government, considering that there is a higher committee a problem in the Council of Ministers headed by Deputy Prime Minister Hussein al-Shahristani, and membership of the Minister of Finance and Secretary-General of the Budget Department, the Committee will consider the possibility of rationing this budget and reduce the shortfall where . "

He said in effect that "a very large budget, large amounts and some ministries have accounted for large sums figures may be called to discuss a thorough discussion."

A source at the Ministry of Finance has revealed earlier that the financial budget of the Federal for next year is the highest in the history of the country and will be 174.6 trillion dinars based on the calculated price of a barrel of oil at $ 90 per barrel, which is expected to reach volume of oil exports for next year to 3.4 million barrels per day , explaining it more than its predecessor for the year 2013 by about 36 trillion dinars.

For its part, the economic expert safety Sumaisem, had confirmed earlier for {Euphrates News} that the financial budget of the Federal Assembly did not live up to the required level and that the absence of vision and lack of clarity and fragmentation, as it explained that "the financial budget of the Federal public is still far from processors many touches reality Iraqi because they are subject to the absence of visions and fragmentation goal up the value of operating expenses at the expense of investment and lack of clarity in many files of interest to social support, including the ration card and others, "noting that" the issue is not in the quantity that is added the money, but in the mechanisms that guide them and Doors spent from which "indicating that" this issue is still a weak point in the budget of the country, especially that the same mistakes are repeated year after year without that there will be a qualitative progress in the lives of ordinary citizens. "

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