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Parliamentary Finance: the budget will be approved by the end of next week
Wednesday, December 14 2 / January 2015 13:23
[Baghdad-where]
Announced the parliamentary finance committee member Husam punitive, that the end of next week will see pass the budget bill.
He said punitive in a statement received by all of Iraq [where], a copy of it today, that "the general budget for the current year will begin the end of next week, at $ 125 trillion Iraqi dinars and a deficit of [25] trillion dinars."
"The budget has seen a reduction of all non-essential expenditures for the three presidencies as well as the ministries and public institutions expenses," noting that "the reduction included operating and capital expenditures in order to reduce the fiscal deficit in the budget."
"The pay is expected earning in the next budget deficit will be through borrowing from the International Monetary Fund or a number of other financial measures."
The House of Representatives has ended at its Monday, the second reading of the budget in 2015 after completion of the discussion by the political blocs in several previous sessions while granting Parliament Speaker Salim al-Jubouri, the Finance Committee of time an opportunity to submit its final report on the budget and taking into account the comments of the House of Representatives while the Commission continues hearings host the concerned ministries to discuss the budget, which are Almalah.
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Wednesday, December 14 2 / January 2015 13:23
[Baghdad-where]
Announced the parliamentary finance committee member Husam punitive, that the end of next week will see pass the budget bill.
He said punitive in a statement received by all of Iraq [where], a copy of it today, that "the general budget for the current year will begin the end of next week, at $ 125 trillion Iraqi dinars and a deficit of [25] trillion dinars."
"The budget has seen a reduction of all non-essential expenditures for the three presidencies as well as the ministries and public institutions expenses," noting that "the reduction included operating and capital expenditures in order to reduce the fiscal deficit in the budget."
"The pay is expected earning in the next budget deficit will be through borrowing from the International Monetary Fund or a number of other financial measures."
The House of Representatives has ended at its Monday, the second reading of the budget in 2015 after completion of the discussion by the political blocs in several previous sessions while granting Parliament Speaker Salim al-Jubouri, the Finance Committee of time an opportunity to submit its final report on the budget and taking into account the comments of the House of Representatives while the Commission continues hearings host the concerned ministries to discuss the budget, which are Almalah.
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