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Deputy: the budget deficit reached for [23] billion can not be surpassed only loans
12/28/201
He said the Kurdistan Alliance MP Circo Mirza, the budget deficit reached 23 billion dollars, adding that he can not be surpassed only by the loans. Mirza Oklh said all of Iraq [where], that "in the budget deficit, which was [50] billion dollars, cut almost in half." He added that he "can not overcome the deficit, but by way of loans." He said that "after the austerity and the imposition of taxes and deducting salaries and reduce the budgets of ministries, there is still a lack of budget, a $ 23 billion". The House of Representatives has completed at its special session, which was held last Thursday, the first reading of the draft budget law and forwarded to the Finance Committee before its lift to the seventh of next month. The total budget size of 125 trillion dinars and a deficit of 25 trillion dinars where these amounts increased by about two billion dinars after the government to re-formulate some of the budget, which is estimated revenue of more than 99 trillion dinars items, and expenses of more than 125 trillion dinars. The religious authority has called on the lips of its representative Abdul Mahdi al-Karbalai during Friday prayers yesterday to take responsibility in overcoming the financial crisis, saying, "We must take urgent mechanism of action, and they are required and necessary, but there must be a comprehensive financial and economic study by specialists and experts formed from All ministries and departments and the possible benefit from the experiences of other countries have seen similar economic conditions and was able to overcome. He pointed out that "the responsibility for these conditions is the responsibility of national solidarity any borne by everyone from members of the Council of Ministers and senior government officials, deputies and other state officials and even the citizens out of the crisis from their various locations in addition to opening new outlets international resources such as the development of industrial, agricultural and tourism sector must be reliance on national competencies and not rely on the outside if available local
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12/28/201
He said the Kurdistan Alliance MP Circo Mirza, the budget deficit reached 23 billion dollars, adding that he can not be surpassed only by the loans. Mirza Oklh said all of Iraq [where], that "in the budget deficit, which was [50] billion dollars, cut almost in half." He added that he "can not overcome the deficit, but by way of loans." He said that "after the austerity and the imposition of taxes and deducting salaries and reduce the budgets of ministries, there is still a lack of budget, a $ 23 billion". The House of Representatives has completed at its special session, which was held last Thursday, the first reading of the draft budget law and forwarded to the Finance Committee before its lift to the seventh of next month. The total budget size of 125 trillion dinars and a deficit of 25 trillion dinars where these amounts increased by about two billion dinars after the government to re-formulate some of the budget, which is estimated revenue of more than 99 trillion dinars items, and expenses of more than 125 trillion dinars. The religious authority has called on the lips of its representative Abdul Mahdi al-Karbalai during Friday prayers yesterday to take responsibility in overcoming the financial crisis, saying, "We must take urgent mechanism of action, and they are required and necessary, but there must be a comprehensive financial and economic study by specialists and experts formed from All ministries and departments and the possible benefit from the experiences of other countries have seen similar economic conditions and was able to overcome. He pointed out that "the responsibility for these conditions is the responsibility of national solidarity any borne by everyone from members of the Council of Ministers and senior government officials, deputies and other state officials and even the citizens out of the crisis from their various locations in addition to opening new outlets international resources such as the development of industrial, agricultural and tourism sector must be reliance on national competencies and not rely on the outside if available local
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