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******* House of Representatives announced one condition compared to approve the budget of 2012

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12.07.2011 | (Voice of Iraq) - Add comments - Twilight News Committee announced the economy and investment representative, Wednesday, for lack of ratification of the budget in 2012 unless the government to send its final accounts, pointing out that the price per barrel of oil will exceed $ 100, contrary to adopted by the Government in the budget in 2012. The Finance Committee representative announced, last Friday, on the completion of the budget in 2012 after the end of the decrees established on the occasion of Ashura, explaining that she was able to persuade the International Monetary Fund not to reduce the amounts allocated to the service projects and regional development. A member of the Committee on Economics and investment Mahma Khalil in an interview with "Twilight News" "The House of Representatives calls for the rejection of the budget in 2012 in the absence of a government's final accounts for previous years." He pointed out that "the pricing of oil per barrel will exceed $ 100 as a result of the events and political changes, economic and security in the region and the world, and that contrary to what was adopted by the government in the pricing of a barrel of oil, which amounted to $ 85. " The member of the Economic Commission that "the production ceiling set by the Government of the oil production reached two million and six hundred thousand barrels which is not the required level despite the allocation of large sums of money to this sector "He described" The oil ministry they failed to deliver the actual need of the country in oil production. " The head of the Finance Committee, Haider al-Abadi, had confirmed last week, during a press conference in the parliament building for budget 2012 will reach the House of Representatives next week, after a reduction of the Ministry of Finance rate deficit, and adopt $ 85 price per barrel of oil. The speaker of the House of Representatives Osama Najafi, last week, to speed up the completion of the budget in 2012. and Prime Minister Nuri al-Maliki, in the middle of last month, the financial budget for the year 2012 will be forwarded to the House of Representatives soon. j p


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