Text of a resolution of the final accounts for 2007
4/3/16
BAGHDAD / JD / .. House of Representatives voted on the final accounts for 2007.
Nights in the text of the resolution:
According to the provisions of subsection (I) of Article (62) of the Constitution and item (iii) of Article (31) of the Rules of Procedure of the Iraqi Council of Representatives and the law Almoisnhamh Federal for the year (2007) for the purpose of approval of the final accounts for the year (2007) the decision was made following:
Article (1):
Results of the implementation of the federal budget
First / revenue
A government departments centrally funded revenues are estimated at (42 064) billion dinars (forty-two trillion and sixty-four billion dinars).
(B) The actual amount of revenues (54,965) billion dinars (fifty-four trillion nine hundred and sixty-five billion dinars).
(C) by comparing the estimated income with actual income it turns out that the actual revenues have increased
(30%) of the estimated income due Asaralinvt for higher rates during the year
And the adoption of the budget on oil as a source of revenue essential.
Second / expenses
A. estimated the federal budget allocations with the revised allocations amounted to $ (53,672)
Billion dinars (Fifty-three trillion six hundred and seventy-two billion dinars).
(B) The total actual spending and operational investment Moisntin (39.308) billion dinars (thirty-nine trillion, three hundred and eight billion dinars), as follows:
1-operational spending was Alflallmoisnh amount of $ (32,720) Mlyardinar (Thirty-two trillion seven hundred and twenty billion dinars), which represents the percentage (37%) of the estimated budget.
2-The actual spending of the investment budget amount of $ (6.588) billion dinars (six trillion five hundred and eighty-eight billion dinars), which represents 44% of the estimated budget.
3-by comparing the actual expenditure with the estimated expenditure prove the existence of an exaggeration to increase allocations on the one hand and on the existence of obvious weakness to benefit from the allocations established for the execution of the projects sanctioned.
Third / calculate the result
It showed the final account which represents the difference between actual revenues and expenditures Alflahvaidakedrh (15.377) billion dinars (fifteen trillion, three hundred and seventy-seven Mlyardinar), which does not represent a real surplus amounts to the presence of advances granted and which did not fall within the spending.
Fourth / advances
Advances that have been awarded up to 31/12/2007 amount of (32.422) billion dinars (Thirty-two trillion and four hundred and twenty-two billion dinars) has been awarded as follows:
A cash-advances outside Customization:
Were awarded by decisions of the Council of Ministers was (5.522) billion dinars (five trillion five hundred and twenty-two Mlyardinar) which is a violation of financial borne by the Council of Ministers.
(B) cash advances within Customization:
Cash advances granted within the year (20.998) billion dinars (twenty trillion nine hundred and ninety-eight billion dinars) and the Ministry of Finance and the settlement of these advances.
C-ancestor Development Fund for Iraq:
The need to settle amounts transferred from an account Development Fund for Iraq to the sub-account open on behalf of the Central Bank of Iraq, the (5902) billion dinars (five Trliunutssamaih and two billion dinars) to calculate Military Sales (FMS) for each of the ministries of defense, interior and justice.
Article (2):
The spending units, including the Kurdistan region to address the reservations and observations contained in the Board of Supreme Audit Report No. (in 4462 14/4/2010) during a maximum period of 120 days from the date the decision Otherwise, the House of Representatives to refer the Audit Court report to the investigative bodies and judicial authorities to hold much.
Article (3):
The Ministry of Finance and spending units monitor and prevent it from overtaking on specific federal public budget allocations and follow-up to extinguish all the advances suspended from previous years and to ensure the integrity of financial transactions spending units.
Article (4):
Approval of the final account of the Republic of Iraq for the year 2007 to take into account the provisions of the observations and reservations contained in the Federal Audit Court's report, especially the aforementioned paragraphs contained in the summary of opinion.
Article (5):
Publish final accounts for the year 2007 in the Official Gazette, based on the text of Article ([You must be registered and logged in to see this image.] of section (11) of the financial management and public debt law No. (95) for the year 2004.
Article (6):
The Federal Cabinet following up the implementation of this resolution.
Article (7):
This decision is implemented from the date of publication in the Official Gazette.
[You must be registered and logged in to see this link.]
4/3/16
BAGHDAD / JD / .. House of Representatives voted on the final accounts for 2007.
Nights in the text of the resolution:
According to the provisions of subsection (I) of Article (62) of the Constitution and item (iii) of Article (31) of the Rules of Procedure of the Iraqi Council of Representatives and the law Almoisnhamh Federal for the year (2007) for the purpose of approval of the final accounts for the year (2007) the decision was made following:
Article (1):
Results of the implementation of the federal budget
First / revenue
A government departments centrally funded revenues are estimated at (42 064) billion dinars (forty-two trillion and sixty-four billion dinars).
(B) The actual amount of revenues (54,965) billion dinars (fifty-four trillion nine hundred and sixty-five billion dinars).
(C) by comparing the estimated income with actual income it turns out that the actual revenues have increased
(30%) of the estimated income due Asaralinvt for higher rates during the year
And the adoption of the budget on oil as a source of revenue essential.
Second / expenses
A. estimated the federal budget allocations with the revised allocations amounted to $ (53,672)
Billion dinars (Fifty-three trillion six hundred and seventy-two billion dinars).
(B) The total actual spending and operational investment Moisntin (39.308) billion dinars (thirty-nine trillion, three hundred and eight billion dinars), as follows:
1-operational spending was Alflallmoisnh amount of $ (32,720) Mlyardinar (Thirty-two trillion seven hundred and twenty billion dinars), which represents the percentage (37%) of the estimated budget.
2-The actual spending of the investment budget amount of $ (6.588) billion dinars (six trillion five hundred and eighty-eight billion dinars), which represents 44% of the estimated budget.
3-by comparing the actual expenditure with the estimated expenditure prove the existence of an exaggeration to increase allocations on the one hand and on the existence of obvious weakness to benefit from the allocations established for the execution of the projects sanctioned.
Third / calculate the result
It showed the final account which represents the difference between actual revenues and expenditures Alflahvaidakedrh (15.377) billion dinars (fifteen trillion, three hundred and seventy-seven Mlyardinar), which does not represent a real surplus amounts to the presence of advances granted and which did not fall within the spending.
Fourth / advances
Advances that have been awarded up to 31/12/2007 amount of (32.422) billion dinars (Thirty-two trillion and four hundred and twenty-two billion dinars) has been awarded as follows:
A cash-advances outside Customization:
Were awarded by decisions of the Council of Ministers was (5.522) billion dinars (five trillion five hundred and twenty-two Mlyardinar) which is a violation of financial borne by the Council of Ministers.
(B) cash advances within Customization:
Cash advances granted within the year (20.998) billion dinars (twenty trillion nine hundred and ninety-eight billion dinars) and the Ministry of Finance and the settlement of these advances.
C-ancestor Development Fund for Iraq:
The need to settle amounts transferred from an account Development Fund for Iraq to the sub-account open on behalf of the Central Bank of Iraq, the (5902) billion dinars (five Trliunutssamaih and two billion dinars) to calculate Military Sales (FMS) for each of the ministries of defense, interior and justice.
Article (2):
The spending units, including the Kurdistan region to address the reservations and observations contained in the Board of Supreme Audit Report No. (in 4462 14/4/2010) during a maximum period of 120 days from the date the decision Otherwise, the House of Representatives to refer the Audit Court report to the investigative bodies and judicial authorities to hold much.
Article (3):
The Ministry of Finance and spending units monitor and prevent it from overtaking on specific federal public budget allocations and follow-up to extinguish all the advances suspended from previous years and to ensure the integrity of financial transactions spending units.
Article (4):
Approval of the final account of the Republic of Iraq for the year 2007 to take into account the provisions of the observations and reservations contained in the Federal Audit Court's report, especially the aforementioned paragraphs contained in the summary of opinion.
Article (5):
Publish final accounts for the year 2007 in the Official Gazette, based on the text of Article ([You must be registered and logged in to see this image.] of section (11) of the financial management and public debt law No. (95) for the year 2004.
Article (6):
The Federal Cabinet following up the implementation of this resolution.
Article (7):
This decision is implemented from the date of publication in the Official Gazette.
[You must be registered and logged in to see this link.]
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