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Parliament calls for financial watchdog enactment of the Federal revenue distribution

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oogie

oogie
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CO-ADMINISTRATOR

05/09/2013 12:00 AM

BAGHDAD - Shaima Rashid
renewed the Finance Committee in the House of Representatives emphasis on the importance of expediting the adoption of the law on the control and distribution of revenues federal importance in ensuring an equitable distribution of state revenues in order to serve the public good.
member of the Finance Committee secretary Hadi stressed the importance of the adoption of this law to ensure the equitable distribution to state revenues.
said Hadi's "Center Brief for the Iraqi Media Network," that this law reassure all the ingredients and the provinces that state revenues will be distributed fairly and create some kind of trust between the components of the people. "
said MP said the law has it's objections, but these objections are not guaranteed, but is Aataradat only cosmetic, and wished the committee formed in this regard to end formula of its nearest time to be approved during the current parliamentary session.
his part, said a member of the Finance Committee Hassan Auzmn-Bayati said the importance of this law is equitable distribution of revenue for the general budget fairly on Kurdistan and the provinces.
Bayati said the "Center Brief for the Iraqi Media Network," The law establishing a body to monitor the distribution of revenues is not about the subject of the elimination of financial corruption as perceived by some, but will ensure the equitable distribution of revenues of the federal budget for the state.
, and pointed out that the routine boring and bureaucracy is one of the breed corruption in government departments state, calling for the elimination of bureaucracy and reduce the powers of some government departments and granting However, civic organizations and private bodies and chambers of commerce in order to support and develop the economy. said experts that a bill to establish a body to monitor federal income would ensure a fair distribution of budget revenues to ministries and provinces and fight financial corruption rampant in the state. He said the financial expert Mohsen Ali in an earlier statement that the General Authority for monitoring federal income if established will ensure fairness in the distribution of funds for the provinces and provincial ministries and transparent disbursement by monitoring and auditing aspects of dispensing.
, adding that there Gabbana gets in the distribution of revenue the federal public budget for ministries and the provinces When the formation of this body will be able to see the benefits of actual each institution or province of the fiscal revenue of the state, the requirement to be independent and not linked to any political party, to enable them to work in a professional and objective
of this plan to the House of Representatives vote on the law establishing a body to monitor the distribution of federal income in the state Although the law met with objections by some lawmakers and differed on the nomination of the President of the Council and his two deputies, making another law passed.


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