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Budget in 2016 between the government and parliament
10/26/2015 0:00
BAGHDAD -
There were conflicting reports on the arrival of the federal budget for 2016 by the Council of Ministers, which approved last week, the House of Representatives, as it denies the latter received, despite the cabinet permission to do so.
Member of the Finance Committee in the House of Representatives, Abdul Qader Mohammed Omar , he said in a statement »Sabah», that the state budget for 2016 did not reach so far into the House of Representatives, and is intended to «up to the last day of the official working hours before the start of the weekend for Friday and Saturday and holiday tenth of Muharram Sunday».
and on the duration the time in which the Commission will take to the budget discussion after reading in the House of Representatives, said a member of the Finance Committee that the draft budget if the porous Committee will try to fill all these gaps before voting on them, but if the integrated may be that the committee end of the discussions during the period of a week to 10 days . In turn, he drew Committee member Ahmed Sarhan, in a press statement, that «the budget will be forwarded after reading in Parliament to the Finance Committee for further discussion and taking the suggestions and observations Sabdiha of Representatives by reading the bill». The Council of Ministers approved last week, the draft federal budget for the year 2016 Law of total expenses amounting to 106 trillion dinars and a projected deficit of 23 trillion dinars, almost.
A spokesman for the Information Office of the Prime Minister Saad al-Hadithi The Council of Ministers approved the draft 2016 budget law in a special session, referring to the that the Council authorized the prime minister Haider al-Abadi make some adjustments and to refer the bill to the House of Representatives.
He newborn, that the total expenditure in the budget is around 106 trillion dinars, and income is estimated at 83 trillion dinars, and a projected deficit of about 23 trillion dinars.
He said the price speculative for a barrel of oil in the budget of $ 45, explaining that the amount of daily exports is 3.6 million barrels per day. On the other hand, said an official source at the General Secretariat of the Council of Ministers send draft budget law in 2016 to the House for discussion and vote on them in accordance with the decision of the Council of Ministers, likely to start discussion in Parliament during the current week.
The source said in a special interview for «morning», he was Send the draft federal budget law for 2016 to the Parliament for discussion at the meetings and then approved in accordance with the decision of the Council of Ministers, which approved in its meeting held last Sunday, 19 October special session. He said al-Abadi's office said in a statement, said the Prime Minister Haider al-Abadi, said that the general budget and the details that have been approved accurate and realistic and take into account the financial revenues of oil and non-oil forecast for 2016 and secure the salaries and wages of civil servants and the armed and security forces and the popular crowd in addition to the reinforcement items necessary to meet the terrorist gangs Daash. » This and Iraq faces severe financial and monetary crisis in view of the decline in global sale of oil prices, which impact is clearly in the financial and imports as a rentier countries.
In the meantime, Finance Minister Hoshyar Zebari revealed in a press conference, on the projected income and expenses type during 2016 and aspects of exchange in operational and investment area and the proportion of the budget deficit in addition to the options available to the Iraqi government to reduce the fiscal deficit and bridging the gap. Zebari said difficult financial situation for the next year in 2016, indicating that the State can not go on as it once was.
And accept Zebari, administrative and economic reforms, the government and its commitment to securing social justics
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10/26/2015 0:00
BAGHDAD -
There were conflicting reports on the arrival of the federal budget for 2016 by the Council of Ministers, which approved last week, the House of Representatives, as it denies the latter received, despite the cabinet permission to do so.
Member of the Finance Committee in the House of Representatives, Abdul Qader Mohammed Omar , he said in a statement »Sabah», that the state budget for 2016 did not reach so far into the House of Representatives, and is intended to «up to the last day of the official working hours before the start of the weekend for Friday and Saturday and holiday tenth of Muharram Sunday».
and on the duration the time in which the Commission will take to the budget discussion after reading in the House of Representatives, said a member of the Finance Committee that the draft budget if the porous Committee will try to fill all these gaps before voting on them, but if the integrated may be that the committee end of the discussions during the period of a week to 10 days . In turn, he drew Committee member Ahmed Sarhan, in a press statement, that «the budget will be forwarded after reading in Parliament to the Finance Committee for further discussion and taking the suggestions and observations Sabdiha of Representatives by reading the bill». The Council of Ministers approved last week, the draft federal budget for the year 2016 Law of total expenses amounting to 106 trillion dinars and a projected deficit of 23 trillion dinars, almost.
A spokesman for the Information Office of the Prime Minister Saad al-Hadithi The Council of Ministers approved the draft 2016 budget law in a special session, referring to the that the Council authorized the prime minister Haider al-Abadi make some adjustments and to refer the bill to the House of Representatives.
He newborn, that the total expenditure in the budget is around 106 trillion dinars, and income is estimated at 83 trillion dinars, and a projected deficit of about 23 trillion dinars.
He said the price speculative for a barrel of oil in the budget of $ 45, explaining that the amount of daily exports is 3.6 million barrels per day. On the other hand, said an official source at the General Secretariat of the Council of Ministers send draft budget law in 2016 to the House for discussion and vote on them in accordance with the decision of the Council of Ministers, likely to start discussion in Parliament during the current week.
The source said in a special interview for «morning», he was Send the draft federal budget law for 2016 to the Parliament for discussion at the meetings and then approved in accordance with the decision of the Council of Ministers, which approved in its meeting held last Sunday, 19 October special session. He said al-Abadi's office said in a statement, said the Prime Minister Haider al-Abadi, said that the general budget and the details that have been approved accurate and realistic and take into account the financial revenues of oil and non-oil forecast for 2016 and secure the salaries and wages of civil servants and the armed and security forces and the popular crowd in addition to the reinforcement items necessary to meet the terrorist gangs Daash. » This and Iraq faces severe financial and monetary crisis in view of the decline in global sale of oil prices, which impact is clearly in the financial and imports as a rentier countries.
In the meantime, Finance Minister Hoshyar Zebari revealed in a press conference, on the projected income and expenses type during 2016 and aspects of exchange in operational and investment area and the proportion of the budget deficit in addition to the options available to the Iraqi government to reduce the fiscal deficit and bridging the gap. Zebari said difficult financial situation for the next year in 2016, indicating that the State can not go on as it once was.
And accept Zebari, administrative and economic reforms, the government and its commitment to securing social justics
[You must be registered and logged in to see this link.]
