11.01.2014 (0:01 pm)
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[ltr]Economic parliamentary: 25% budget deficit in 2014 .. The government approved quickly [/ltr]
BAGHDAD / supporter Hamid
[ltr] [/ltr]
[ltr]Demanded the parliamentary Economic Committee, the federal government sends draft federal budget law to Parliament for discussion, and as shown that the ratio of budget deficit this year will reach 25%, which is less than the budget deficit last year, confirmed that this budget is one of the largest budgets in the history of Iraq and the approval will humidifies the air and end the political crisis and support the Iraqi economy.[/ltr]
[ltr]The decision of the Economic Commission Mahma Khalil at a press conference in the parliament building and attended (range Press), "We are asking the federal government to send a bill to speed up the federal budget because the delay sent reflected negatively on the performance of local governments." Khalil added that "the budget deficit will reach 25%, which is less than the deficit in the budget last year, which amounted to 35%," noting that "60% of the side will be operational and 40% of them to the investment side."[/ltr]
[ltr] And the Economic Commission decision that "the budget is one of the largest budgets in the history of Iraq, and they need more time to modify and discussed," pointing out that "the approval will contribute in a humidified atmosphere and end the political crisis and support the Iraqi economy."[/ltr]
[ltr] He was a member of the parliamentary Finance Committee Abdul Amir al-Mayahi said the "long" earlier that "the budget deficit in 2014 default was caused by estimating the price of oil at 80 dollars, and export a daily rate of three million barrels per day," adding that "oil export operations were not the required level due to burst pipes from the tanker before the militants. "[/ltr]
[ltr] He said that "both from the Ministry of Finance and the Council of Ministers bear the budget deficit," noting that "the preparation of the budget needs to be accurate in detail calculations, including the calculation of the price of a barrel of oil at $ 70."[/ltr]
[ltr] The MP warned Mayahi, of "a large deficit budget and continue without treatment, especially that it was in the previous budget 12 percent," returned that "it affects a lot of projects and the investment budget, especially to the Financial Administration Act requires the State to bankruptcy if it reaches its fiscal deficit to 50 percent. "[/ltr]
[ltr] The Iraqi Parliament Speaker Osama Najafi had given Thursday, the central government until next Tuesday, to send the budget bill for the current year of 2014, and as he emphasized the Kurdistan Alliance, the Minister of State for Parliamentary Affairs carry the Kurdistan Regional Government responsibility for the delay, pointed out that the Net has pledged to send the budget during the next week.[/ltr]
[ltr]The Presidency of the Council of Representatives has been determined, in the 12 of November 2013, the 15th of the same month, the deadline for the receipt of the budget bill for fiscal 2014, and called on the government to "send the bill before this date", while confirming that the parliament "will enjoy Bajazath legislative Unlike that. "[/ltr]
[ltr]The 2013 budget approved by Parliament amounted to 138 trillion Iraqi dinars, on the basis of calculating the price of a barrel of oil at $ 90, the amount of export of 2.0009 million barrels a day.[/ltr]
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[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Economic parliamentary: 25% budget deficit in 2014 .. The government approved quickly [/ltr]
BAGHDAD / supporter Hamid
[ltr] [/ltr]
[ltr]Demanded the parliamentary Economic Committee, the federal government sends draft federal budget law to Parliament for discussion, and as shown that the ratio of budget deficit this year will reach 25%, which is less than the budget deficit last year, confirmed that this budget is one of the largest budgets in the history of Iraq and the approval will humidifies the air and end the political crisis and support the Iraqi economy.[/ltr]
[ltr]The decision of the Economic Commission Mahma Khalil at a press conference in the parliament building and attended (range Press), "We are asking the federal government to send a bill to speed up the federal budget because the delay sent reflected negatively on the performance of local governments." Khalil added that "the budget deficit will reach 25%, which is less than the deficit in the budget last year, which amounted to 35%," noting that "60% of the side will be operational and 40% of them to the investment side."[/ltr]
[ltr] And the Economic Commission decision that "the budget is one of the largest budgets in the history of Iraq, and they need more time to modify and discussed," pointing out that "the approval will contribute in a humidified atmosphere and end the political crisis and support the Iraqi economy."[/ltr]
[ltr] He was a member of the parliamentary Finance Committee Abdul Amir al-Mayahi said the "long" earlier that "the budget deficit in 2014 default was caused by estimating the price of oil at 80 dollars, and export a daily rate of three million barrels per day," adding that "oil export operations were not the required level due to burst pipes from the tanker before the militants. "[/ltr]
[ltr] He said that "both from the Ministry of Finance and the Council of Ministers bear the budget deficit," noting that "the preparation of the budget needs to be accurate in detail calculations, including the calculation of the price of a barrel of oil at $ 70."[/ltr]
[ltr] The MP warned Mayahi, of "a large deficit budget and continue without treatment, especially that it was in the previous budget 12 percent," returned that "it affects a lot of projects and the investment budget, especially to the Financial Administration Act requires the State to bankruptcy if it reaches its fiscal deficit to 50 percent. "[/ltr]
[ltr] The Iraqi Parliament Speaker Osama Najafi had given Thursday, the central government until next Tuesday, to send the budget bill for the current year of 2014, and as he emphasized the Kurdistan Alliance, the Minister of State for Parliamentary Affairs carry the Kurdistan Regional Government responsibility for the delay, pointed out that the Net has pledged to send the budget during the next week.[/ltr]
[ltr]The Presidency of the Council of Representatives has been determined, in the 12 of November 2013, the 15th of the same month, the deadline for the receipt of the budget bill for fiscal 2014, and called on the government to "send the bill before this date", while confirming that the parliament "will enjoy Bajazath legislative Unlike that. "[/ltr]
[ltr]The 2013 budget approved by Parliament amounted to 138 trillion Iraqi dinars, on the basis of calculating the price of a barrel of oil at $ 90, the amount of export of 2.0009 million barrels a day.[/ltr]
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