Home
A member of the parliamentary Finance and likely arrival of 2015, two months after the budget and warns of international borrowing
Thursday, October 2 / November 20, 2014 11:54
[Baghdad-where]
Likely in the parliamentary finance committee member and access the draft federal budget for fiscal 2015 Act by the government to the House of Representatives after two months.
Said Jabbar al-Abadi told all of Iraq [where] that "the receipt of the House of Representatives Budget Act may be in the month of January."
He added that "it is now possible to estimate the budget deficit in 2015 and the figures of Tkhmonaa being raised by the government, according to the draft law prepared the budget and if what happened this deficit, the Finance Committee will host the Minister of Finance to clarify and discuss this matter."
Jabbar al-Abadi called "government not to borrow from the creditor countries or organizations because Iraq is cash rich and possible to replace these debts or loans pressing expenses and cancel non-essential ones, but possible that the borrowing will be the last option."
The Finance Minister, Hoshyar Zebari, said Wednesday in announcing the conversion of his ministry $ 500 million to Kurdistan under the latest agreement, that "the process of increasing oil exports from the fields of particular importance to support the state budget, which suffer from a noticeable deficit," adding that "The government is currently engaged in the preparation of the budget in 2015".
As said, the House of Representatives decision Imad Youkhana Yako, yesterday, that "the government has promised us to send the budget in 2015 the beginning or middle of next month or in December," adding that "there is a paragraph in the event of non-arrival of the budget 2015 to the Parliament can not be the House of Representatives to begin the legislative Batlth."
The oil minister, Adel Abdul-Mahdi said that "the price of oil expected to be counted in the construction budget for fiscal 2015 will appreciate to $ 80 per barrel."
He guessed Abdul-Mahdi, during a session hosted by the House of Representatives last Monday, "the lack of a rapid rise in oil prices during the current period in spite of the presence of the attempts being made to ensure the stability of the oil market or to achieve relatively high prices."
The religious authority called on the lips of its representative, Sheikh Abdul Mahdi Karbalai on 14 of this month to speed up the passage of the budget in 2015 and since oil prices fell and the face of the deficit has to be for the leaders to speed up and show the necessary flexibility in the estimation of the things the country condoning some of the demands that can be postponed for another time, indicating that the insist on disrupting this budget means that the damage would befall everyone and leads to disruption of the country ".anthy 2.
[You must be registered and logged in to see this link.]
Thursday, October 2 / November 20, 2014 11:54
[Baghdad-where]
Likely in the parliamentary finance committee member and access the draft federal budget for fiscal 2015 Act by the government to the House of Representatives after two months.
Said Jabbar al-Abadi told all of Iraq [where] that "the receipt of the House of Representatives Budget Act may be in the month of January."
He added that "it is now possible to estimate the budget deficit in 2015 and the figures of Tkhmonaa being raised by the government, according to the draft law prepared the budget and if what happened this deficit, the Finance Committee will host the Minister of Finance to clarify and discuss this matter."
Jabbar al-Abadi called "government not to borrow from the creditor countries or organizations because Iraq is cash rich and possible to replace these debts or loans pressing expenses and cancel non-essential ones, but possible that the borrowing will be the last option."
The Finance Minister, Hoshyar Zebari, said Wednesday in announcing the conversion of his ministry $ 500 million to Kurdistan under the latest agreement, that "the process of increasing oil exports from the fields of particular importance to support the state budget, which suffer from a noticeable deficit," adding that "The government is currently engaged in the preparation of the budget in 2015".
As said, the House of Representatives decision Imad Youkhana Yako, yesterday, that "the government has promised us to send the budget in 2015 the beginning or middle of next month or in December," adding that "there is a paragraph in the event of non-arrival of the budget 2015 to the Parliament can not be the House of Representatives to begin the legislative Batlth."
The oil minister, Adel Abdul-Mahdi said that "the price of oil expected to be counted in the construction budget for fiscal 2015 will appreciate to $ 80 per barrel."
He guessed Abdul-Mahdi, during a session hosted by the House of Representatives last Monday, "the lack of a rapid rise in oil prices during the current period in spite of the presence of the attempts being made to ensure the stability of the oil market or to achieve relatively high prices."
The religious authority called on the lips of its representative, Sheikh Abdul Mahdi Karbalai on 14 of this month to speed up the passage of the budget in 2015 and since oil prices fell and the face of the deficit has to be for the leaders to speed up and show the necessary flexibility in the estimation of the things the country condoning some of the demands that can be postponed for another time, indicating that the insist on disrupting this budget means that the damage would befall everyone and leads to disruption of the country ".anthy 2.
[You must be registered and logged in to see this link.]
