Friday 2 October 2015 13:53
Alsumaria News / Baghdad
parliamentary Finance Committee confirmed Friday that the fiscal deficit to the draft financial budget law for 2016 "is contrary to international standards", among the prime minister Haider al-Abadi informed the Commission that it could not prejudice the expenses of the budget. The decision of the Committee MP Ahmad Haji Rashid said in an interview for Alsumaria News, "It is supposed to reach the financial budget for 2016 to the House of Representatives the tenth of the month of October of this day," explaining that "where a fictional budget figures and the proportion of the deficit reached 29 trillion Iraqi dinars."
He said Rashid, that "this gap is large and contrary to the international financial norms that the deficit does not exceed 15%, but the budget of 2016 exceeded 28%."He said Rashid, that "the powers of the parliamentary finance committee is to reduce expenses and transfers between the doors, but the prime Alorza told us not to touch her, and told us that the government lowered them to the fullest extent possible. "TheEconomic Adviser to the Prime Minister Haider al-Abadi, Monday (September 28 2015) that the strategic direction the state towards the private sector, as pointed out the budget in 2016 is designed to borrow a little filling too much debt. The Ministry of Finance announced, in (15 September 2015) for submission draft 2016 budget law to the cabinet, while confirming the importance of transparency and compliance with legal and constitutional Baltoukitat time in approval, she pointed out that the drafting of the budget was based on the reduction of public expenditure and the fight against waste and waste in state revenues and diversify sources National income in the country.
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