Source: 25% of the budget surplus will be paid in cash to the people
On: Sun 04/03/2012 9:03
Baghdad / range
confirmed member of the Finance Committee Magda al-Tamimi that the surplus last year of budget allocations went to electricity projects and to the payment of funds and the amounts in the Municipality of Baghdad, and another part to the ration card, but there is a surplus remaining up to 28 trillion dinars.
said Tamimi's (Baghdadi News) : The fate of the money will be returned from the ministries or local governments because of the lack of implementation of projects that were awarded allocations.
The Al-Tamimi, the surplus went well for projects of religious sites and the Ministry of Transport and still there is a surplus up to 28 trillion dinars.
She went to the surplus in this year, "there directing that part of it goes according to Article 2, paragraph (f) and by 25% will go to the Iraqi people in cash.
The economic expert called on the government to disclose surplus remaining from the financial allocations to ministries and provinces in each year through the provision of the final accounts, to see the financial base of the country, helping to bridge the budget deficit and the preparation of development plans while reducing opportunities for corruption.
criticized the economic expert Dr Majid picture in statement / Baghdadiya News / "non-submission of final accounts accurate describes the financial base possessed by Iraq, the information available is limited only to the reserve at the central bank is about 60 billion dollars, but should disclose the government's surplus from previous years and the mechanism that uses them to cover the deficit in the current year or next, Vemoazna this year had been allocated a deficit large in comparison with the budgets the world where the deficit reached $ 14 billion, which means 14 percent.
and the Image "that oil imports in 2011 amounted to $ 83 billion and the general budget at the time did not exceed $ 82 billion, which means that the oil resources alone was the surplus billion dollars, in addition to the investment budget did not Tfz full and there are sources talking about that 15% have been implemented, which means an excess of a very large investment budget and if we assume that 50% of the investment budget applied will be surplus ten billion of dollar, in addition to the surplus materials from duties, taxes and other resources that would take the government there is a surplus is too large in the 2011 budget, so why is the implementation of the budget 2012 deficit even though the money that flooded in 2011.
He pointed out the picture that the period from 2003 up to now has seen exchange $ 600 billion There is no relationship or comparison between the amounts spent and the results have been reached, saying that "much of the money goes to financial corruption and administrative, while the other part is abused to act for him, but so far no money has not recorded in the balance sheet has not been disclosed, and now talk is going that there are seven billion dollars have been allocated within the budget, but spent by the government.
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