Al-Sabah - 03/01/2012
Najafi criticizing the budget 2012 for lack of service projects
Criticized House Speaker Osama Najafi financial budget for the year 2012 to its lack of service projects, saying they have seen an increase in operating expenses at the expense of investment.
Najafi said during a speech on the occasion of the American withdrawal from the country, delivered in the House of Representatives, "
"The federal budget for 2012 was characterized by an increase in operating expenses at the expense of investment expenditures," noting that "the financial allocations are insufficient to meet the need of the service sectors that will improve human development, the various links for the better."
He Nujaifi the need that "there will be a major priority for social services, education, health, and increase allocations of development of regions and to support civil society organizations to achieve well-being of the largest of the citizen and finding urgent solutions to the roof of a specific time frame is known of the major crises that afflict our people."
The Finance Minister Rafie al-Issawi said in the eighth month of December last, in a press conference that the overall federal budget for 2012 has reached 117 trillion dinars, indicating that the share of the operational budget for 2012 reached 80 trillion dinars, compared to 37 trillion dinars investment budget, and by deficit of 14 trillion dinars and Houma representing 10% of the gross domestic product and 12% of the total budget. "
The House voted on the budget for 2011 amounting to about 93 Trliuna deficit of 14 trillion dinars, while the operating expenses 0.64 trillion dinars, while the total investment expenditure 29 trillion dinars, based on the rate of 76.5 dollars per barrel of oil at a rate of 2.0002 million barrels a day, including 100 thousand barrels of the Kurdistan region.
The speaker of the House of Representatives Osama Najafi, in (November 28, 2011), the need to expedite the completion of the annual budget for the coming year during a short period, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund was working to reduce the and reduce the current budget in the budget for Iraq in 2012.
Revealed the Ministry of Planning and Development Cooperation in the month of September of last year that Iraq's budget for the current year 2012 is the second largest budget in the Arab world, noting that the oil and electricity sectors will capture the largest allocations of the investment budget for next year.
[You must be registered and logged in to see this link.]
Najafi criticizing the budget 2012 for lack of service projects
Criticized House Speaker Osama Najafi financial budget for the year 2012 to its lack of service projects, saying they have seen an increase in operating expenses at the expense of investment.
Najafi said during a speech on the occasion of the American withdrawal from the country, delivered in the House of Representatives, "
"The federal budget for 2012 was characterized by an increase in operating expenses at the expense of investment expenditures," noting that "the financial allocations are insufficient to meet the need of the service sectors that will improve human development, the various links for the better."
He Nujaifi the need that "there will be a major priority for social services, education, health, and increase allocations of development of regions and to support civil society organizations to achieve well-being of the largest of the citizen and finding urgent solutions to the roof of a specific time frame is known of the major crises that afflict our people."
The Finance Minister Rafie al-Issawi said in the eighth month of December last, in a press conference that the overall federal budget for 2012 has reached 117 trillion dinars, indicating that the share of the operational budget for 2012 reached 80 trillion dinars, compared to 37 trillion dinars investment budget, and by deficit of 14 trillion dinars and Houma representing 10% of the gross domestic product and 12% of the total budget. "
The House voted on the budget for 2011 amounting to about 93 Trliuna deficit of 14 trillion dinars, while the operating expenses 0.64 trillion dinars, while the total investment expenditure 29 trillion dinars, based on the rate of 76.5 dollars per barrel of oil at a rate of 2.0002 million barrels a day, including 100 thousand barrels of the Kurdistan region.
The speaker of the House of Representatives Osama Najafi, in (November 28, 2011), the need to expedite the completion of the annual budget for the coming year during a short period, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund was working to reduce the and reduce the current budget in the budget for Iraq in 2012.
Revealed the Ministry of Planning and Development Cooperation in the month of September of last year that Iraq's budget for the current year 2012 is the second largest budget in the Arab world, noting that the oil and electricity sectors will capture the largest allocations of the investment budget for next year.
[You must be registered and logged in to see this link.]