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The budget does not rely on an external loan, use 9 billion dollars from Government banks
Confirmed the parliamentary committees of finance and economy, the continuation of the Council of Ministers to discuss the budget, despite its vote on approval at a hearing Tuesday.
The two lawmakers said more disputes are concentrated on the details of the compromise agreement between Arbil and Baghdad, our Ministry of health allocations as well as the support of agricultural crops, the likely continuation of amendments until hours before a budget hearing Thursday.
The House revealed a Government went to fill the budget deficit of 23 trillion dinars, through reducing the cash reserve for banks, Rafidain and Rasheed, trading for $ 9 billion.
And while two of the "big cut" for sections of the budget, confirmed the presence of 55,000 jobs would go to the defence and interior ministries.
Says Jabbar Abdul khaleq, a member of the parliamentary Finance Committee, for "the range", "the law draft federal budget for the year 2015 remains with the Government and did not reach Parliament so moment for some contentious points unresolved and are currently being reviewed and amended".
And Abdul's own cabinet formed a small Committee, consisting of Finance Minister Hoshyar Zebari and Minister of higher education and Transport Minister Hussein Al-Shahristani Bayan Jabr Al-Zubaidi and Planning Minister Salman Al-jumaili to reach agreement on the controversial points in the budget ".
Following the parliamentary Financial Committee Member said: "the Government Commission would meet in the next few hours to agree on some of the wording on which formed this Committee", pointing out that "the points of contention revolves around structuring the agreement between Kurdistan and Baghdad and the extent of their commitment under budget as well as objections to the reduction of the budget of the Ministry of health, as well as support the crop kalshalb."
The cluster member call "Parliamentary Committee will send the budget and amendments to the Cabinet Thursday morning hoping to house its special display for first reading".
Finance Committee Member refers to "a significant reduction in jobs allocated in the budget next year and has deleted the section due to the global drop in oil prices", revealing the "allocation of 50,000 jobs for the ministries of Defense and Interior".
Abdel khaleq asserts that "the Government will be borrowing to plug a projected 23 trillion dinar by reducing the cash reserve in the Rafidain and Rasheed Bank, which will provide $ 6 billion commercial bank loan up to $ 3 billion as well as receivables Treasury and recycled from last year."
Finance Committee member denies "the presence of foreign borrowing after a plan to cover its budget deficit by borrowing."
And the parliamentary Finance Committee, unveiled last Friday, about a disagreement within the Council of Ministers on foreign borrowing in the light of the continuing fall in oil prices.
In turn, najiba says Najib, a member of the parliamentary Economic Committee, that "the total budget 123 trillion dinars and operational expenses amounted to 78 trillion dinars, and 44 trillion deficit 22.6 trillion."
Najiba, adds in a statement for "the range", saying "the oil price is 60 $ in public budget and export card up to 3.3 million barrels per day", saying that "the first reading of the draft budget will be limited to the acceptance or rejection of the project", noting that "the amendments and proposals will be in the second reading."
Committee member economic stresses that "balancing 2015 reviewed carefully by the competent committees," and spoke of "a political agreement to be passed in future meetings."
Kurdish lawmaker draws to "rules of procedure of Parliament provides for a period of not less than 48 hours between the first and second readings, and a 4-day vote voting session", expected to vote in Parliament on the budget next month.
Said Ahmed Rashid, a decision of the Finance Committee, the Cabinet voted on the budget bill by the majority, which means there is political agreement on approval ".
Rashid, predicted in an interview for "the range", atotal of 55,000 jobs degree including for Iraqi Kurdistan.
It is likely Kurdish MP presented budget 2015 for second reading next Sunday for a guide of all parties of the need to speed up the pass ".
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