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Al-Rubaie called over the weekend for the Parliament to approve quarterly budget
Saturday, 29 November 2014 16: 38
M c
Twilight news called the State of law coalition member MP muwafaq Al-Rubaie of the Presidium of the House of representatives to delay a legislative term of Parliament, to approve the budget Bill next year.
altSpring said in a statement on the Presidency of Parliament to defer its recess to the series priorities require us to debate the draft budget law for next year, which delayed the arrival of Deputies more than 30 days. "
And so we, the people's Congress of patriotism, to link the budget with the country's economic system, which in turn affects the Iraqi capita economically. "
It said that "we, as representatives of the people, include financial receivables for security forces and popular mobilization, overdue receivable". At the same time stressing that "our security forces and the popular crowd they kernel Foundation for the country's security system, and we have the moral and logistical support to sustain the momentum and sustainability of continuing victories".
He called the Council of Ministers to send the draft budget to the lower House before the end of the month, for discussion in preparation for approval without delay. "
Due to the size of next year's budget of some 100 billion US dollars at the rate of $ 70 per barrel.
Oil prices fell to the lowest level in four years Monday, with futures prices tumbled Brent more than six dollars to 71.25 dollars a barrel, the lowest level since July 2010 when I decided the Organization of petroleum exporting countries (OPEC) to cut oil production target.
Trimmed its losses for Brent is trading in latest trading low of $ 4.94 to 72.84 dollars a barrel.
US crude fell sharply to $ 67.75 a barrel, its lowest level since May 2010 before reducing its losses to trading at 69.04 dollars per barrel.
Iraq depends on oil imports for 95 percent of its budget. The country produces about 2.5 million barrels a day.
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Saturday, 29 November 2014 16: 38
M c
Twilight news called the State of law coalition member MP muwafaq Al-Rubaie of the Presidium of the House of representatives to delay a legislative term of Parliament, to approve the budget Bill next year.
altSpring said in a statement on the Presidency of Parliament to defer its recess to the series priorities require us to debate the draft budget law for next year, which delayed the arrival of Deputies more than 30 days. "
And so we, the people's Congress of patriotism, to link the budget with the country's economic system, which in turn affects the Iraqi capita economically. "
It said that "we, as representatives of the people, include financial receivables for security forces and popular mobilization, overdue receivable". At the same time stressing that "our security forces and the popular crowd they kernel Foundation for the country's security system, and we have the moral and logistical support to sustain the momentum and sustainability of continuing victories".
He called the Council of Ministers to send the draft budget to the lower House before the end of the month, for discussion in preparation for approval without delay. "
Due to the size of next year's budget of some 100 billion US dollars at the rate of $ 70 per barrel.
Oil prices fell to the lowest level in four years Monday, with futures prices tumbled Brent more than six dollars to 71.25 dollars a barrel, the lowest level since July 2010 when I decided the Organization of petroleum exporting countries (OPEC) to cut oil production target.
Trimmed its losses for Brent is trading in latest trading low of $ 4.94 to 72.84 dollars a barrel.
US crude fell sharply to $ 67.75 a barrel, its lowest level since May 2010 before reducing its losses to trading at 69.04 dollars per barrel.
Iraq depends on oil imports for 95 percent of its budget. The country produces about 2.5 million barrels a day.
[You must be registered and logged in to see this link.]
