3 Ministries delay legislation and budget .. "austerity" enter formal discussions for the first time

by day dreamer Tue Oct 21, 2014 12:02 am

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3 Ministries delay legislation and budget .. "austerity" enter formal discussions for the first time

by day dreamer Tue Oct 21, 2014 12:02 am

2014/10/21

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Ministries delay legislation and budget .. "austerity" enter formal discussions for the first time since the fall of Saddam

BAGHDAD / Mohammad Sabah

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 senior officials spoke yesterday about the possibility of obtaining a clear austerity budget due to falling oil prices, and this is what is happening for the first time since the fall of Saddam Hussein, it was a progressive budget for 11 years.
He said the Prime Minister Haider al-Abadi, that the problems of the central government and the region will be resolved through the constitution, stressing the need to be the Kirkuk oil production under the eyes of the government.
Ebadi said during a press conference after his meeting with supreme religious authority Ali al-Sistani in Najaf, "We discussed the issue of the budget three times, and we will work day to provide balancing cash offer by which military spending as a fait accompli," noting that "the budget in 2015, will be based on the current year budget, due to The presence of the same problems of Kirkuk's oil and stop completely, as well as lower global prices and expectations about this decline and the Council of Ministers decided to austerity. "
Abadi added that "the government will put the budget in 2014 does not include a default in military spending and provide basic services to citizens."
He said the Prime Minister "currently discussing the reopening of the Kirkuk oil, which must be under consideration by the federal government and imports go back to the federal government."
But Planning Minister Salman Jumaili, ruled out the trend to make 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.
Jumaily said in a press conference that "the ministry monitors the drop in world oil prices and has a special plan to cope with it," adding that "Iraq has the ability to prepare the budget 2015 next despite the drop in oil prices", ruling that "the next budget austerity." The Minister, expressed the hope that "the security situation improves and Iraqi oil exports back to previous rates before the outbreak of the current crisis, to ensure that the need for austerity." This comes at a time who confirmed members of the parliamentary Finance Committee that there are problems facing the adoption of the general budget, including the issue of falling oil prices and Sadath and Oardth that have not yet been resolved by the government.
The member of the Finance Committee MP Haider al-Mutlaq that "the reasons that hindered sent the budget by the government is not to resolve the three ministries for the final data, which includes expenditures and revenues.
He said al-Mutlaq in an interview with the "long" that between the ministries that have not submitted their final accounts, Higher Education, as well as two other ministries in addition to the House of Representatives did not send its accounts closing. "
He continued that "there are other problems have not been addressed in the federal budget, including that of a fall in global oil prices, revenues and exports."
For its part, said a member of the Finance Committee in the House of Representatives Najiba Najib said in an interview with the "long" that the federal budget for 2014 is still in the Council of Ministers has not been sent to the House of Representatives for legislation to now, "asking the government to speed up" to amend the budget and send it to parliament. "She Najib that "the technical committee within the Council of Ministers, which is reviewing the draft budget has not made up its mind in terms of addressing the task," noting that "we are waiting for is directly Finance Minister Hoshyar Zebari said his duties in order to let us know so precise and detailed."
The Council of Ministers decided on 30 September last 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.
They pointed out that Najib to "discuss the problem of balancing parked on the talks, which will hopefully be released in the event of the arrival of the delegation of Kurdistan to Baghdad headed by Barzani," pointing out that "Barzani's visit will contribute to resolving the problems of oil and the salaries of the staff of Kurdistan."
In turn drew other member of the Finance Committee Jabbar Abdul Khaliq that the Finance Committee recommended reducing investment expenditure because they increase the deficit ratio significantly.
And Abdul Khaliq between "long" that "the Council of Ministers will hold a meeting during the next few hours it will bill the federal budget to a vote and then sent to the House of Representatives."

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