Committee member Rep. Magda Abdel Latif Tamimi confirmed pursuit of its early to

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Install all contractors within the next three years strategy

08/07/2013 12:00 AM

Financial parliament: the budget year 2014 will see an increase of grades
Baghdad Farah pumice

Parliamentary Finance Committee ensured strategic budgets over the next three years to increase paragraphs grades and installation contractors with government departments, the revenues expected to double the country to reach nearly 143 trillion dinars in the budget year 2014 amounting to more than 157 trillion dinars.

The expectations of the Finance Committee comes at a time during which disclosed a clear increase in the volume of investment expenditure for the next three years, confirming achievement of those expenses 62 trillion dinars next year, and by more than 39 percent of the net budget allocations.

Committee member Rep. Magda Abdel Latif Tamimi confirmed pursuit of its early to start preparing the budget year 2014, in order not to coincide with the upcoming legislative elections.



And disclosed Tamimi's "Center Brief for the Iraqi Media Network," the concentration of the budget next year on a number of important points, which stands in the forefront of the "Install contractors with the state, and increase the number of grades," indicating failure to extend the contract in accordance with the investment projects in degrees functional because recipe decade temporary , noting that the strategy took into account the support of self-financing companies in the paragraphs that were included in the budgets of the next three years, especially centrally funded, including loss-making companies, expressing the opinion of its rejection of this principle, calling for the privatization of these companies.

Revealed Committee member for most of the Provisions of the strategy to total revenue and expenditure for the year next three, indicating that the total revenue in the budget of the year 2014 equal to 143 trillion dinars, and expenditures by 157 trillion and 712 billion dinars, while the deficit amounts to 14 trillion and 681 billion, with estimated revenues of the budget year 2015 b 157 Trliuna and 285 billion, a total expenditure of 168 trillion and 837 billion, the deficit is estimated equal to 11 Trliuna and 552 billion dinars.

She drew Tamimi that the total revenue in the budget of the year 2016 equals 188 trillion and 883 billion dinars, the size of the expenses estimated at 178 trillion and 316 billion dinars, and a deficit expected up to 10 trillion and 567 billion dinars, noting that non-oil revenues will reach 8 trillion and 970 billion dinars for the year next 2014, With ستوازي 9 trillion and 818 billion dinars for 2015, estimated at 10 trillion dinars and 774 billion in 2016.

Extensive details


Announced that the Finance Committee parliamentary vision for the strategic budget during the next three years, which focused on increasing grades, and install the contractors with government departments, expected to double revenues country to reach nearly 143 trillion dinars in the budget next year 2014 amounting to more than 157 trillion dinars, and the size of export oil up to 3.5 million barrels per day.

The expectations of the Finance Committee comes at a time during which disclosed a clear increase in the volume of investment expenditure for the next three years, confirming achievement of those expenses 62 trillion dinars next year, and by more than 39 percent of the net budget allocations.

And reliable specialists in economic affairs on the need to increase investment allocations in order to support and implement strategic projects, as well as emphasizing the importance of increasing the ports financing budgets next, which can be achieved thanks to rely on market economic policies, which stressed the Constitution to follow an approach economist of the country. Committee member Rep. Magda Abdel Latif Tamimi confirmed pursuit of its early to start preparing the budget year 2014, in order not to coincide with the upcoming legislative elections.

And disclosed Tamimi's "Center Brief for the Iraqi Media Network," the concentration of the budget next year on a number of important points, which stands in the forefront of the "Install contractors with the state, and increase the number of grades," indicating failure to extend the contract in accordance with the investment projects in degrees functional because recipe decade temporary , noting that the strategy took into account the support of self-financing companies in the paragraphs that were included in the budgets of the next three years, especially centrally funded, including loss-making companies, expressing the opinion of its rejection of this principle, calling for the privatization of these companies.

Announced member of the Committee to see the strategic to the total revenue and expenditure for the year next three, indicating that the total revenue in the budget of the year 2014 equal to 143 trillion dinars, and expenses 157 trillion and 712 billion dinars, while the deficit amounts to 14 trillion and 681 billion, with estimated revenues of the budget year 2015 to 157 trillion and $ 285 billion, with a total expenditure of 168 trillion and 837 billion, the deficit is estimated equal to 11 trillion 552 billion dinars.

She drew Tamimi that the total revenue in the budget of the year 2016 equals 188 trillion and 883 billion dinars, the size of the expenses estimated at 178 trillion and 316 billion dinars, and a deficit expected up to 10 trillion 567 billion dinars, noting that non-oil revenues will reach 8 trillion and 970 billion dinars for the coming year 2014, With ستوازي 9 trillion 818 billion dinars for 2015, estimated at 10 trillion dinars and 774 billion in 2016, indicating the stability of dues region of the budget, which revealed its claims to represent when preparing the budget. explained Tamimi said strategic budgets for the years coming three adopted on the price of 90 dollars per barrel of oil , and the size of export of 3.5 million barrels per day for the year 2014, and 3.00085 million Alpha 2015, in what is expected to total export volume in 2016 of four million and 650 thousand barrels, noting that the strategy adopted a fixed exchange rate of the dollar against the dinar at 1116, and based on the past previous. urged the member of the Committee on the need to go to private sector development, in order to convert a portion of the burden central to decentralized, and to ensure that workers in the private sector, in the form that leads to lighten the burden on the state, revealing the amount of operational budgets and investment for the next three years, which she said operational, including $ 94 trillion and 887 billion dinars in 2014, and investment is equal to 62 trillion and 825 billion dinars, and the proportion of the investment budget of the total budget of up to 39.8 percent, while explained that the operating budget for 2015 is equal to 99 trillion 729 billion dinars, and the investment is equal to 69 and 108 billion dinars, equivalent to 40.9 percent of the percentage of the operating budget for the total budget, while the estimated reach the operating budget in the year 2016 nearly 102 trillion and 26 billion dinars, and the investment of which is equal to 76 trillion and 290 billion, and at a rate of 42.8 percent, the amount of the ratio of investment to total the budget. On a related Tamimi criticized the performance of the work of chief of the general retirement due to lack of communication with the Finance Committee and inattentiveness to respond to communications, noting that the committee demanded hosted to discuss the law and see how retirement readiness.
She added that in the case did not attend the chief of retirement to the Commission, it will travel in the coming days to address the Presidency of the parliament official letter to call, and if not attending the Commission will resort to legal action and thus his dismissal from office.

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