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Deputy Minister majda Al-Tamimi: the current budget would lose much and approval of Iraq may be next month
January 17, 2015
Member of the parliamentary Finance Committee warned majda Al-Tamimi from Iraq suffered major losses in the event of the adoption of the draft budget law for the year 2015 at its current state.
Tamimi said in a press statement that "adoption of the budget in the current week is unlikely but may adopt at the end of the month or beginning of next month" However "but lose Iraq in addition to the loss of low oil prices, there must be a reduction of the total budget of low oil and rescheduling expenses and think about more economic mindset."
She added, "we have notes about building a budget based on $ 60 and to export 3.3 million barrels per day that we currently do not produce this quantity and budget built on two variables price and exports and those almtghiirin far from reality".
Tamimi drew to a parliamentary Finance Committee, several committees to reduce expenses and legal drafting in the budget and the House budget proposals and the Vault also offered suggestions and modified the budget we reduced allocations of some ministries and the House started to be role models for others including deleting all expenses to Parliament that the Presidency wanted to purchase the House from them ".
She also took the customizations for staff and fuel allocations and testimony and the entertainments and scaled down to less than 50% note there was reduced by the Ministry of finance by deleting 90 billion dinars from the budget of the Parliament we also took 43 billion dinars, "Noting that" Parliament is currently very simple balancing. "
She explained that "the reduction also went to services, goods and services and capital expenditures".
Scheduled Wednesday meeting of deputies are likely to include the budget vote after the completion of its second reading.
The decision of the Council, said Emad yokhna for [where] "have reached the Presidency of Parliament today decided to extend the session next Tuesday to one day to give the parliamentary Finance Committee further discussions on the budget in order to be ready to put on the agenda the vote," adding "there is no confirmation yet from the inclusion of votes but led by House of representatives have pointed out of the Finance Committee on the need for more time and extended the date for convening the meeting and did not drawback as important in access To be integrated, despite budget challenges. "
The House was finished in its 12 January, the second reading of the budget by 2015 after the completion of the discussion by political blocs in several previous meetings while granting Council President Salim Al-jubouri, the Finance Committee is an opportunity for the submission of its final report on the budget and taking into account the observations of the House while the Committee hearings will be hosting the concerned ministries to discuss the budget.
The religious reference and invited the High Representative in Karbala, Sayed Ahmad Safi the need to review the budget.
Safi said in a sermon Friday "does not know how accurate the numbers mentioned on the quantities of exports and revenue yet to be revisited in the draft budget and bring it back in a way commensurate with the scale of the crisis, and may not end soon mean that oil prices, you must study and prepare to lower the level of access and, at the same time does not call to delay the budget, but to be a scientific study and a strong fear of future problems."
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January 17, 2015
Member of the parliamentary Finance Committee warned majda Al-Tamimi from Iraq suffered major losses in the event of the adoption of the draft budget law for the year 2015 at its current state.
Tamimi said in a press statement that "adoption of the budget in the current week is unlikely but may adopt at the end of the month or beginning of next month" However "but lose Iraq in addition to the loss of low oil prices, there must be a reduction of the total budget of low oil and rescheduling expenses and think about more economic mindset."
She added, "we have notes about building a budget based on $ 60 and to export 3.3 million barrels per day that we currently do not produce this quantity and budget built on two variables price and exports and those almtghiirin far from reality".
Tamimi drew to a parliamentary Finance Committee, several committees to reduce expenses and legal drafting in the budget and the House budget proposals and the Vault also offered suggestions and modified the budget we reduced allocations of some ministries and the House started to be role models for others including deleting all expenses to Parliament that the Presidency wanted to purchase the House from them ".
She also took the customizations for staff and fuel allocations and testimony and the entertainments and scaled down to less than 50% note there was reduced by the Ministry of finance by deleting 90 billion dinars from the budget of the Parliament we also took 43 billion dinars, "Noting that" Parliament is currently very simple balancing. "
She explained that "the reduction also went to services, goods and services and capital expenditures".
Scheduled Wednesday meeting of deputies are likely to include the budget vote after the completion of its second reading.
The decision of the Council, said Emad yokhna for [where] "have reached the Presidency of Parliament today decided to extend the session next Tuesday to one day to give the parliamentary Finance Committee further discussions on the budget in order to be ready to put on the agenda the vote," adding "there is no confirmation yet from the inclusion of votes but led by House of representatives have pointed out of the Finance Committee on the need for more time and extended the date for convening the meeting and did not drawback as important in access To be integrated, despite budget challenges. "
The House was finished in its 12 January, the second reading of the budget by 2015 after the completion of the discussion by political blocs in several previous meetings while granting Council President Salim Al-jubouri, the Finance Committee is an opportunity for the submission of its final report on the budget and taking into account the observations of the House while the Committee hearings will be hosting the concerned ministries to discuss the budget.
The religious reference and invited the High Representative in Karbala, Sayed Ahmad Safi the need to review the budget.
Safi said in a sermon Friday "does not know how accurate the numbers mentioned on the quantities of exports and revenue yet to be revisited in the draft budget and bring it back in a way commensurate with the scale of the crisis, and may not end soon mean that oil prices, you must study and prepare to lower the level of access and, at the same time does not call to delay the budget, but to be a scientific study and a strong fear of future problems."
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