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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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    Finance parliamentary criticize delayed sending the budget in 2015 by the government

    Rocky
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    • Post n°1

    Finance parliamentary criticize delayed sending the budget in 2015 by the government Empty Finance parliamentary criticize delayed sending the budget in 2015 by the government

    Post by Rocky Sun 19 Oct 2014, 3:50 am

    Finance parliamentary criticize delayed sending the budget in 2015 by the government



    10/19/2014 06:04
    Parliamentary Finance Committee criticized the delay in sending the budget next year in 2015 by the government so far, which in turn leads to a delay in the parliament, calling on the government to adopt the resources other than oil, especially with the decline in export volumes and prices fluctuate. 

    He said members of the committee in conversations »Sabah» quest for legislation all laws that contribute to the support of the country's economy and providing imports updated to the treasury is imports Alinvt.ris Age of the Finance Committee, Ahmed al-Haj Rashid pointed out that the government delayed in sending budget law for 2015, which was supposed sent to parliament on the tenth of October current, called on the government to speed up the preparation and adoption of resources other than oil in Almoisna.ouhml Rasheed government responsibility for the delay, especially as the Financial Administration Act and the public debt requires the government to send the draft budget bill in each of 10-10 year and therefore, the budget last nine days, noting that the ratification of the budget next year may be delayed at least two months in the corridors of the House of Representatives, warning that the delay in approval lead to the reluctance of the Iraqi economy and investment projects and the occurrence of financial imbalances in the functioning of the government, noting that the investment budget for the year 2014 has not been implemented, including anything that can not be added to next year's budget, but can work balancing new investment, especially since the money needed by the project may change their costs and therefore does not need to be a new budget. And on the amount of the deficit in the next budget, Rashid said that all the budgets of the world must be where the inability of either schematic or real, so the government's budget where there is no deficit is real and thus all the deficit schematic except the budget of 2014, indicating that any budget submitted by the government We must contain a functional degrees but determines the amount as necessary and the need for state institutions which change from year to year Akhary.onnbh Rashid said the most prominent problems of the budget lies in its reliance on a single source which oil imports by 93 percent and this is an obstacle in front of Iraq, especially the economies rentier have a negative impact even in the political system, calling on the government to find ways to diversify revenue, whether from agricultural activity or tourism in order to avoid the occurrence of any economic crisis, noting that the federal government if it has reached an agreement with the province on oil exports, the export will be three million barrels daily, and thus the country can get its revenue and filling all its expenses. It also noted a member of the Finance Committee Faleh applicable to the Financial Administration Act confirms the appointments hierarchy to balance both while offering the Council of Ministers or ratification by the Board of Alnwab.oukal that next year's budget where many problems Perhaps the most important of the low price of oil worldwide, and continued, and the other case facing budget preparation that imports oil from Kirkuk and the Kurdistan region and that the amount of export parked true that arrived minutes according to statistics by the Ministry of Oil and the Ministry of Finance is 1.3 million barrels per day, and this figure is not encouraging. He added that the budget in 2014 can not be repeated and can not be present in the budgets of 2015 and 2016 the next two because the estimates now become the actual price and became the retreat, revealing the intention of the Ministry of Finance to prepare the budget seen by the Iraqi people to know there is a financial crisis during the next year and the next, demanding that all officials assume Almsúlah.odaa MP and the Ministry of Finance to look for resources other than oil, as is the case in all countries of the world, also called on officials and specialists and politicians to support the Finance Committee for the legislation of laws that contribute actively to obtain additional revenue is oil in order to contain the coming years to support the laws of the quality of the economy and the Treasury.

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