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Parliamentary services: infrastructure, an ideal alternative to the budget deficit
Published on Sat, December 17 2 / January 2015 07:02
Parliamentary Finance: budget deficit of $ 60 billion BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Parliamentary Services Committee said on Saturday, that the bill of infrastructure, which was read a first reading at the last session, he can implement investment projects payment on credit mechanism.
And the committee member Hussein al-Maliki's (IMN), that "the Commission within Mtbuniatha immediate approval of bill of infrastructure, because the budget bill laden real helplessness, and can not perform any service project for citizens, this budget."
Parliamentary Finance Committee, Center for breaking news and revealed on Saturday, that the net budget deficit of the country's $ 60 billion.
He pointed out that "we can not pass the draft general budget of the country's law; because of the large decline is unprecedented since tens of years, to below $ 40 per barrel of oil, so the budget for the current year, reducing the price of a barrel where to $ 30 per barrel."
The supreme authority, on Friday, "It has to be reconsidered in the general budget and prepared in an appropriate manner, and put prices at the lowest level possible that up to lower oil prices." Noting that "it does not mean delayed adoption of the budget, but it can not be approved as such."
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Published on Sat, December 17 2 / January 2015 07:02
Parliamentary Finance: budget deficit of $ 60 billion BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Parliamentary Services Committee said on Saturday, that the bill of infrastructure, which was read a first reading at the last session, he can implement investment projects payment on credit mechanism.
And the committee member Hussein al-Maliki's (IMN), that "the Commission within Mtbuniatha immediate approval of bill of infrastructure, because the budget bill laden real helplessness, and can not perform any service project for citizens, this budget."
Parliamentary Finance Committee, Center for breaking news and revealed on Saturday, that the net budget deficit of the country's $ 60 billion.
He pointed out that "we can not pass the draft general budget of the country's law; because of the large decline is unprecedented since tens of years, to below $ 40 per barrel of oil, so the budget for the current year, reducing the price of a barrel where to $ 30 per barrel."
The supreme authority, on Friday, "It has to be reconsidered in the general budget and prepared in an appropriate manner, and put prices at the lowest level possible that up to lower oil prices." Noting that "it does not mean delayed adoption of the budget, but it can not be approved as such."
[You must be registered and logged in to see this link.]
