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Decision of Parliament: the House of Representatives will go to reduce the total amount of the public budget
January 14, 2015, 14:07
Baghdad _ ((eighth day))
Said the House of Representatives decision Niazi architecture Ihsanoglu that Parliament is moving to reduce the total amount of the public budget of 125 trillion to 85 trillion dinars ..
He Ooglua told ((eighth day)) that the parliamentary committees in the process of drafting the final amendments to the law of the general budget and be completed within the next 72 hours,
stressing that in spite of the new reduction is there is a large deficit in the budget will focus steps addressed in six doors calculation Head through the issuance of treasury bonds and the amounts retained from the previous budgets and special drawing rights and tax collection and reduce overall for all operating expenses and grades.
He explained that the drafting of budget expenditures reached from the government estimate is not accurate because of the continuing decline in world oil prices for now is continued price budget of $ 60, noting that Iraq's oil is currently sold at less than $ 40,
which led to authorize the House of Representatives for re-drafting the necessary amendments to the budget will not be returned to the government's expected move Parliament to vote and pass the state budget next week.
The House of Representatives ended yesterday Monday, 12 of the current month, the second reading and debate the state budget for the current year and adjourn to next Tuesday, 20 of it in light of parliamentary and government assurances that it be voted on at the next meeting.
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January 14, 2015, 14:07
Baghdad _ ((eighth day))
Said the House of Representatives decision Niazi architecture Ihsanoglu that Parliament is moving to reduce the total amount of the public budget of 125 trillion to 85 trillion dinars ..
He Ooglua told ((eighth day)) that the parliamentary committees in the process of drafting the final amendments to the law of the general budget and be completed within the next 72 hours,
stressing that in spite of the new reduction is there is a large deficit in the budget will focus steps addressed in six doors calculation Head through the issuance of treasury bonds and the amounts retained from the previous budgets and special drawing rights and tax collection and reduce overall for all operating expenses and grades.
He explained that the drafting of budget expenditures reached from the government estimate is not accurate because of the continuing decline in world oil prices for now is continued price budget of $ 60, noting that Iraq's oil is currently sold at less than $ 40,
which led to authorize the House of Representatives for re-drafting the necessary amendments to the budget will not be returned to the government's expected move Parliament to vote and pass the state budget next week.
The House of Representatives ended yesterday Monday, 12 of the current month, the second reading and debate the state budget for the current year and adjourn to next Tuesday, 20 of it in light of parliamentary and government assurances that it be voted on at the next meeting.
[You must be registered and logged in to see this link.]
