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Magda Tamimi: 2015 budget and fake like formulated in another world
Wednesday, December 21, 2 / January 2015 08:49
Criticized a member of the parliamentary finance committee Majida al-Tamimi, strongly, draft financial budget law for 2015, describing them as a [phantom].
She said al-Tamimi told all of Iraq [where], "said the budget in 2015 and there are fake assumption for the price of oil and the export amount of non-existent, in fact, as if the current budget was prepared in another world, it is on paper, but in reality another form."
And excluded Tamimi approving the budget soon, "we are still re in the formulation again and we have transfers in the doors of the budget because we want to know how we could provide an amount that would be a bit, especially since most of the ministries refused to reduce its budget what puts us in the awkward position of financial terms with the continuing decline in oil prices Iraq and not to export quantities prescribed in the budget. "
She said, "Personally .. I'm not comfortable with this budget and I had another opinion to be there Moisntan first very basic and urgent things, balancing, and then prepare a supplemental budget and the proposal put forward earlier in order to be the country's safety," surprising of "building budget on the basis of $ 60 and the quantity of export 3.3 million barrels of oil a day and actually less than these figures by 25% ?! ".
She pointed out that "the Kurdistan region do not deliver the Federal amount of oil the government under the recent agreement the amount of 550 000 barrels, of which the share of the province of Kirkuk, as well as from the southern provinces, and that was a few percentages," indicating that "All of these factors have a negative impact on the size of the revenue and the lack of it, how are building budget differently from the ground? ".
She said "the region's share is 17% of the budget but Muslim him quantities of crude oil less than what is mentioned in the budget where we receive 193 000 barrels out of 550 000 barrels, where the remainder of these quantities?", Pointing out that "the region's share remains the same percentage in the 2015 budget. "
She drew a member of the financial parliamentary out that "according to this remote ratios deficit for the real fact is the $ 60 billion rather than 25 trillion Iraqi dinars because the allocation to placebo based surely results will be fake because the budget is to guess the future in it and be a deviation but be acceptable to reality."
Iraq is facing financial hardship and a lack of liquidity with a large fiscal deficit is estimated at 60 trillion dinars due to lower global oil prices to below $ 50 per barrel, especially since the Iraq depends on oil rents by up to 85%.
As the Council of Ministers form a crisis cell headed by the Prime Minister Haider al-Abadi and membership and financial planning and oil ministers, in addition to the Governor of the Central Bank and the Economic Adviser to the Prime Minister shall establish the priorities of the government and the doors Abv.anthy 2
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Wednesday, December 21, 2 / January 2015 08:49
Criticized a member of the parliamentary finance committee Majida al-Tamimi, strongly, draft financial budget law for 2015, describing them as a [phantom].
She said al-Tamimi told all of Iraq [where], "said the budget in 2015 and there are fake assumption for the price of oil and the export amount of non-existent, in fact, as if the current budget was prepared in another world, it is on paper, but in reality another form."
And excluded Tamimi approving the budget soon, "we are still re in the formulation again and we have transfers in the doors of the budget because we want to know how we could provide an amount that would be a bit, especially since most of the ministries refused to reduce its budget what puts us in the awkward position of financial terms with the continuing decline in oil prices Iraq and not to export quantities prescribed in the budget. "
She said, "Personally .. I'm not comfortable with this budget and I had another opinion to be there Moisntan first very basic and urgent things, balancing, and then prepare a supplemental budget and the proposal put forward earlier in order to be the country's safety," surprising of "building budget on the basis of $ 60 and the quantity of export 3.3 million barrels of oil a day and actually less than these figures by 25% ?! ".
She pointed out that "the Kurdistan region do not deliver the Federal amount of oil the government under the recent agreement the amount of 550 000 barrels, of which the share of the province of Kirkuk, as well as from the southern provinces, and that was a few percentages," indicating that "All of these factors have a negative impact on the size of the revenue and the lack of it, how are building budget differently from the ground? ".
She said "the region's share is 17% of the budget but Muslim him quantities of crude oil less than what is mentioned in the budget where we receive 193 000 barrels out of 550 000 barrels, where the remainder of these quantities?", Pointing out that "the region's share remains the same percentage in the 2015 budget. "
She drew a member of the financial parliamentary out that "according to this remote ratios deficit for the real fact is the $ 60 billion rather than 25 trillion Iraqi dinars because the allocation to placebo based surely results will be fake because the budget is to guess the future in it and be a deviation but be acceptable to reality."
Iraq is facing financial hardship and a lack of liquidity with a large fiscal deficit is estimated at 60 trillion dinars due to lower global oil prices to below $ 50 per barrel, especially since the Iraq depends on oil rents by up to 85%.
As the Council of Ministers form a crisis cell headed by the Prime Minister Haider al-Abadi and membership and financial planning and oil ministers, in addition to the Governor of the Central Bank and the Economic Adviser to the Prime Minister shall establish the priorities of the government and the doors Abv.anthy 2
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