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Officials object to the reduction of Basra share of petrodollars in the 2016 budget
October 21, 2015
MP for Basra behind Abdul Samad, Tuesday, intercepting a number of deputies on the draft budget law next year approved by the Council of Ministers being given the right to maintain access to one dollar five dollars allowance for each barrel produced from oil, while confirming the Securities and Exchange Commission and the follow-up assignments in the provincial council on the importance of activating the legal substance that allows the province to retain local revenue.
Said Abdul Asamadz, "The Council of Ministers did not do justice to Basra when they approved the draft budget next year, included the draft budget a paragraph stating giving the province one dollar for every barrel of oil produced five dollars" instead, noting that "it is contrary to provincial law No. 21 of 2008 amended and therefore we call upon the Council of Ministers to reconsider the budget before they are forwarded to the House of Representatives. "
He pointed Abdul Samad, who was Governor of Basra and head of the council that "the deputies of Basra will not stand idly by about encroach upon the rights of their wallets, and coordination takes place with most of them to do the refund certain act in the absence of calculation of five dollars for every barrel," adding that "the local government executive, both The legislature should move relentlessly toward Basra claim rights. "
For his part, told the Securities and Exchange Commission and the follow-up assignments in the provincial council head Ahmed Al Sulaiti, said that "it is unlikely for Basra substantial funds from the federal government over the next year because the financial situation is likely to be worse than this year," explaining that "Basra should be funded itself from local revenues, as the article 44 of the provincial Law No. 21 of 2008 amended to give the province the right of access to all local revenues from taxes and fees and fines, in addition to 50% of the revenues of the border crossing points. "
Sulaiti and pointed out that "these legal article did not do during the last two years, the time has come to activate it," adding that "the draft budget law also reduced the share of the development of regions of Basra to 136 billion after it was 468 billion dinars."
The Ministry of Finance announced in (15 September 2015) to send the draft general budget bill for next year to the Cabinet for discussion, and then forwarded to the House of Representatives for a vote, it has provided one of the paragraphs of Article II (expenses) to adopt "the amount of $ 2 for each barrel of crude oil producer in the province, and (2) a dollar for every barrel of crude oil refined in refineries maintain, and (2) a dollar for every 150 cubic meters a producer of natural gas in the province, "while the Council of Ministers when approving a draft in (18 October 2015) the adoption of one dollar instead of two dollars for every barrel, while the local government in the province is looking to get five dollars.
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