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Economic parliamentary: Iraq is losing 25% of its budget because of delayed
Khalil Mahma
28/11/2013 17:24
Tomorrow's Press / Baghdad: MP from the parliamentary Economic Committee Mahma Khalil, said Thursday that Iraq is losing about 25% of the state budget due to delay approval, attributing this to the presence of the paragraphs of incapacitating them.
Khalil said for "tomorrow's Press," that "there are passages impossible in the General Budget Law for the year 2014 and must develop solutions have to vote on the law inside the Dome of the House of Representatives," noting that "Iraq is losing about 25% of its budget because of this delay."
He added that "because of the lag in the completion of projects happening there is a lot of money back to the state treasury and freeze", criticizing the "lack of government action to follow up on those projects."
The Finance Minister Ali Shukri announced in October last year, ending the draft federal budget for Iraq for the next year in 2014, confirming that it would amount to 174 billion dollars.
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Khalil Mahma
28/11/2013 17:24
Tomorrow's Press / Baghdad: MP from the parliamentary Economic Committee Mahma Khalil, said Thursday that Iraq is losing about 25% of the state budget due to delay approval, attributing this to the presence of the paragraphs of incapacitating them.
Khalil said for "tomorrow's Press," that "there are passages impossible in the General Budget Law for the year 2014 and must develop solutions have to vote on the law inside the Dome of the House of Representatives," noting that "Iraq is losing about 25% of its budget because of this delay."
He added that "because of the lag in the completion of projects happening there is a lot of money back to the state treasury and freeze", criticizing the "lack of government action to follow up on those projects."
The Finance Minister Ali Shukri announced in October last year, ending the draft federal budget for Iraq for the next year in 2014, confirming that it would amount to 174 billion dollars.
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