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Dhi Qar demanding the separation of the petro-dollar funds from the general budget

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Rocky


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Dhi Qar demanding the separation of the petro-dollar funds from the general budget



November 12, 2015 0


New governor of Dhi Qar Yahya Nazareth on Thursday demanding the federal government to separate funds petro dollars from the general budget being unsettled financial allocations in favor of the oil provinces, and among that integrate petrodollar allocations within the general budget accounts caused a delay of disbursement and depriving the provinces of their desired benefits, he noted that money owed to the province of Dhi Qar, of petro dollars estimated Petrleon dinars, which have not acted yet.
He said the Nazarene in a statement MEMRI press office and received by the agency of our economy news copy of "conservative administration had previously demanded the separation of funds petro dollars from the funds the general budget of the fact that petro dollars unresolved financial allocations in favor of the oil provinces and integrated process within the general budget accounts caused by delaying disbursement and therefore the provinces deprive oil to take advantage of them in a timely manner. "
He added that the money petrodollar foregone benefits do not need to vote in the parliament for approval, as happens with the general budget, so we demanded separate them and revving launch directly to the oil provinces to enable them to address the repercussions of the financial crisis that has caused the interruption of most of the projects, pointing out that the money owed petro dollars to the province Dhi Qar and accumulated from the past years and the current year, exceeding the trillion dinars, and this money if it was launched that will meet a lot of service and development, and economic requirements that you need to maintain.
He said the governor of Dhi Qar that "Dhi Qar province, currently produces more than 170 000 barrels of oil per day, and is assumed that there is a custom of the province of petro dollars under the fourth amendment to the Law governorates not organized province, which identified five dollars for every barrel of oil producer and extract money."

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