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Date: Monday 06/06/2011 10:34
Baghdad / Ayas Hossam Acommok
Revealed the Finance Committee in the House of Representatives for the completion of the draft federal budget for the year 2012, stressing that the discussion will be the beginning of the next legislative term.
Said committee member Magda al-Tamimi in a telephone conversation with the "long" The proposal prepared by its Committee is to discuss the federal budget and in early fall so as not to Parliament
Into the pitfalls of the previous budgets, noting that the draft budget, the current carried by the joint committees of the government and parliament were held around the minds of 10 meetings in this regard, the opposite of what it was in the past when it was responsible for the government alone prepared to be discussed in Parliament, stressing that ancient mechanism involving many of the problems, especially with the divergence of views between the executive and legislative branches, which delays the adoption of the budget for several months.
She a member of the Finance Committee "In the beginning was the adoption of imports 2,000,850 thousand barrels of oil a day, but the figure was amended to 2 million and a half because of economic fluctuations large in Iraq and in case of any emergency that the price of a barrel of $ 85."
Tamimi went on and a deputy for a free stream, "The Committee prepared its report and in full and is submitted to Parliament to open the debate on the budget and make appropriate adjustments that put forward by the political blocs," expected to be discussed with the beginning of the second legislative term.
The parliament voted mid-February on a bill the federal budget for 2011, which reached its revenues to the amount of eighty thousand nine hundred and thirty-four billion, seven hundred and ninety million five hundred thousand dinars, while expenditures are estimated at the amount of ninety-six thousand, six hundred and sixty-two billion and seven hundred and sixty six million and seven hundred thousand [You must be registered and logged in to see this link.]
