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Financial parliament to the government: the tenth of this month the deadline for submitting the budget to us
04/10/2015
He confirmed the parliamentary finance committee member Rustam Masood Haider, Sunday, the tenth of this month the deadline for the Council of Ministers to send a budget bill to the parliament, noting that the bill yet contains no solutions to the financial crisis between Baghdad and Erbil.
He said Rustam's / scales News / "The financial and public debt management law stipulates that the tenth of the month of October day is the deadline for sending the draft general budget of the federal law by the Council of Ministers to the House of Representatives," pointing out that "the limit that day did not send Council of Ministers the draft law. "
The member of the parliamentary finance committee that "the parliamentary Finance Committee today hosted the Finance Minister Hoshyar Zebari and some directors-general, Ministry of Finance to find out their expectations to date sent the budget bill to the House of Representatives," noting that "so far there are no solutions in the draft budget of the financial crisis between the federal government law and the Kurdistan Regional Government. "
It is said that "a member of the economic and investment commission parliamentary Najiba Najib suggested earlier in the L / scales News /, reduce the price of a barrel of oil to $ 40 in the fiscal budget for 2016", while confirming that "the budget will amount to parliament soon."
The "parliamentary Finance Committee member Ahmed Sarhan stressed that the shortfall in the budget of 2016 is estimated at 29 trillion Iraqi dinars," noting that "bad policies of previous governments and not to be exploited for oil imports at that time led to the financial deterioration in Iraq now."
It is said that "the parliamentary finance committee member Ahmed Hama confirmed L / scales News /, last Wednesday, it said that lower oil prices will increase an additional budget of $ fiscal budget deficit for next year one billion dollars."
This "The head of the Commission services and ages parliamentary Nazim al-Saadi's / scales News /, earlier, that his committee the government will be forced to allocate funds financial budget for the next year in 2016 to implement projects, among the priority projects will be for services."
With ", he stressed the economic expert on behalf of Antoine, on Sunday, on the need to reconsider the budget in 2016 to estimate the real deficit," adding that "Iraq's economy will confront the risk if it continues to rely on the resources of the International Monetary Fund, local banks and foreign loans" .anthy 29 N. / 10
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