An invitation to write the date of the budget commitment
BAGHDAD - Al-Sabah
called on the parliamentary finance committee, the Council of Ministers to abide by the legal time limit for submission of 2016 budget to the House of Representatives.
According to a statement of the Commission «morning» received a copy of it, that «According to Section 6 / paragraph 7 of the financial management of the State of Law No. 95 of 2004 which stipulates that the Cabinet presents the general budget of the federal state to the House of Representatives on the tenth of the month of October of each year, we call «the Council of Ministers to make the federal budget for the year 2016 to the House of Representatives and the compliance with legal time limit to do its part in the discussion and voting on them», in preparation for approval before the start of next year, allowing for the ministries and state institutions adequate opportunity to start implementing their projects under the budget law.
She stressed in the statement, the keenness of the Finance Committee on the study of the general budget so as to achieve economic targets and do justice to all segments of Iraqi society.
The head of the House of Representatives, Dr. Saleem al-Jubouri, announced In the parliament session yesterday Saturday that the financial budget for 2016 did not reach the House of Representatives so far and what has been declared by by some untrue House of Representatives, while the House of Representatives decided to extend the current legislative term months.
The Council of Ministers approved in its meeting on 13 Last month, a draft of the 2016 budget law with a total value estimated at 106 trillion dinars and a deficit of about 23 trillion dinars.
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