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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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    Three ministries delay adoption of the budget and "austerity" enter formal discussions for the first

    day dreamer
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    • Post n°1

    Three ministries delay adoption of the budget and "austerity" enter formal discussions for the first Empty Three ministries delay adoption of the budget and "austerity" enter formal discussions for the first

    Post by day dreamer Mon 20 Oct 2014, 4:47 pm

    [size=32]Three ministries delay adoption of the budget and "austerity" enter formal discussions for the first time since the fall of Saddam
    [/size]




    Mon Oct 20 2014 23:01
    (Voice of Iraq) -Baghdad 
    He attributed the members of the Parliamentary Finance Committee, on Monday, the reason for delay in the government in the provision of the federal budget to the lack of resolution of the closing statements for the three and visited, including higher education, and other problems related to the fall in world oil prices, revenues and exports, while Benoit that the Committee recommended reducing investment expenditure in the budget To reduce the proportion of the deficit, swung to contribute to the upcoming visit of the delegation of the Kurdistan region to Baghdad in "resolving the problems of oil and the salaries of the staff of the region."

    A member of the parliamentary Finance Committee, Haider al-Mutlaq, in an interview to the newspaper (range), that "the failure to resolve the closing statements for the three and visited, which includes expenditures and revenues, of the reasons that hindered the government is sending a budget to the parliament," pointing out that "among the ministries that did not submit their final accounts after, is the Higher Education and Scientific Research ", without specifying the remaining ministries.

    He said al-Mutlaq, that there are "other problems not addressed in the federal budget, including those related to a fall in global oil prices, revenues and exports."



    For its part, demanded that a member of the parliamentary finance committee, Najiba Najib, in an interview to the newspaper (range), the government need to "speed up the amendment of the budget and send it to parliament." 



    Revealed Najib, for "lack of resolution of the Technical Committee, which is reviewing the draft budget, within the Cabinet, ordered her to address the important items," she "wait direct the new finance minister, Hoshyar Zebari, his duties to inform the House of Representatives on the details of the budget by about accurate and detailed."

    The Council of Ministers decided in (the thirtieth of September 2014), the formation of a technical committee headed by the Ministry of Finance and the membership of the ministries of oil, planning and the central bank and the General Secretariat of the Council of Ministers, to discuss the problems of the budget.

    And saw an MP for the Kurdistan Alliance, that "the search problem depends on the budget talks, which will hopefully be released in the event of the arrival of the delegation of Kurdistan to Baghdad headed by Nechirvan Barzani," likely to "contribute to Barzani's visit in resolving the problems of oil and the salaries of the staff of the Kurdistan region." 

    In turn, the other member of the Parliamentary Finance Committee, Jabbar Abdul Khaliq, said in an interview to the newspaper (range), "The Committee recommended reducing investment expenditure in the budget being the increase of the proportion of the deficit so much."



    He said Abdul Khaliq, that "the Council of Ministers will hold a meeting in the coming hours to discuss the draft federal budget law and vote on it in preparation for sending it to the House of Representatives."

    While committed to the Prime Minister Haider Abadi that the proportion of 17% of the part of the Kurdish will be adopted, transmitted in the House of Representatives of the federal budget, stressing that the government would approve the draft budget in the coming period, confirmed the Finance Committee in the House of Representatives that, among the reasons that hinder the adoption of the federal budget within the Council of Ministers is the failure to complete the three ministries of the final accounts, including the Ministry of Higher Education is added to the House of Representatives.

         The head of the Council of Ministers, Haider al-Abadi, revealed earlier in the day, during a press conference after his meeting with the religious authority, the Supreme Shiite, Ali al-Sistani, in Najaf and attended (the long-Presse), to discuss the issue of the budget three times, and that the Council will prepare a budget ahead where Military spending as a fait accompli, noting that the budget in 2015, will be based on the budget year 2014 the current, because of the presence of the same problems, of oil from Kirkuk and stopped completely, as well as a decline in world prices, and expectations about the decline more to this, the Council of Ministers decided to austerity. " 

         But Planning Minister, Salman al-Jumaili, rule out the possibility to go to make the next year's budget in 2015, "austerity" because of low world oil prices, noting that the government is in the process of approving the budget year 2014 current.

    The federal budget for 2014, the current, "most of mine," left by the previous government of Prime Minister Nuri al-Maliki, under the chairmanship of the new, Haider al-Abadi, and as one of the obstacles "chronic" the relationship between the federal government and the Kurdistan region.



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