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Parliament finish reading the 2016 budget and to Thursday to raise its "expanded"

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Rocky


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Parliament finish reading the 2016 budget and to Thursday to raise its "expanded"




Since 11/17/2015


House of Representatives ended its session usual thirty-eighth session, which was held on Tuesday, read the report and discuss the 2016 budget.

A statement from the presidency of the parliament received / scales News /, a copy of which, "The Council also voted on a resolution that compels its members to follow measures to amend the national card law, specifically Article 26 Secondly it in line with the provisions of the Constitution."

The statement added that Parliament postponed the vote on the draft law of the Martyrs Foundation, and sponsored by the committees of the martyrs and victims and political prisoners, human rights, and legal to session next Thursday in order to address some of the paragraphs at issue. "

The council also finished reading the report and discuss the draft general budget of the Federal Republic of Iraq for the fiscal year 2016 law, submitted by the Finance Committees, and legal. "

And the report of the Committee that the "Total budget expenditures for 2016 amounted to" 106 "trillion dinars compared to the amount of" 119 "trillion dinars for 2015, a decrease of 11%, noting that the federal budget for the coming year suffer from a deficit of" 22.7 "trillion dinars, the equivalent of "21%" of total expenditures. "

For his part, Finance Minister Hoshyar Zebari on "the government's commitment to providing the budget in 2016 set the timing," explaining that "the government exceeded the real concerns about the disabled state, and non-compliance with its obligations to pay staff salaries and other entitlements."

Zebari said that "the government was able to reduce the deficit from 25% to 22%, alluding to hold intensive meetings with global financial institutions, including the International Monetary Fund," pointing out that "the Council of Ministers will submit an amendment to the budget bill in 2016 soon in order to reduce the deficit existing cash through the issuance of bonds. "

The Planning Minister Salman Jumaili revealed "the existence of 4012 investment projects implemented by the provinces through regional development budget, in addition to the 2726 investment projects implemented by the relevant ministries," pointing to "the non-inclusion of new projects on the state budget for 2016, in addition to delete and the freezing of some investment projects , announcing the near end accruals Contractors, and resolve the issue of lagging projects. "

Turn Oil Minister Adel Abdul-Mahdi called during the parliamentary session to launch a campaign to encourage investments in the oil and other sectors, as well as encouraging national investments to make up for the shortfall in the budget, and increase state revenues. "

He predicted that the oil minister "be oil production rates for 2016 up to 3.7 million barrels per day", calling for "fundamental changes to the oil licensing contracts being signed at a time when oil prices are high."

While raising its House of Representatives on Thursday to ".anthy 29/9 P


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