November 10, 2015 0
National Alliance MP Abdul Hadi al-Saadawi, Tuesday, announced that the budget must approve before the end of this month, the fact that the legislative term holiday will begin on the first of next month, noting that the Constitution provides for voting by the end of the year that preceded.
Saadawi said in a press statement I followed the agency, "our economy" news, "The House of Representatives today the first reading of the budget in 2016, and works on approval before the end of this year."
"The Iraqi constitution stipulates that recognizes the budget before the year ends, which put it," noting that "the House of Representatives on the verge of the legislative term holiday and must vote on the budget before the legislative recess."
According to the draft budget that the total expenditure of more than 113 trillion dinars, which is low by about six trillion dinars from the budget last year, which was 119 trillion dinars The 2016 budget deficit ratio stood at 26.5%, or about 30 trillion dinars.
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