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Low rate of spending in ministries by 25 percent
30/11/2011
BAGHDAD - Al Sabah
Revealed the Ministry of Planning and Development Cooperation for the rate of exchange in the ministries during the current year by more than 25 percent, compared to last year. Attributed the ministry said in a statement issued yesterday, received the "morning," a copy of it, the reason for the rate of exchange in the current year to a decline in purchasing power of the ministries and agencies is related to the Ministry compared with the figure reported last year by 25.4 percent. They noted that the purchasing power to the provinces for the same period increased by 37.8 percent despite an increase in allocations allocated to the budget investment for the current year increased by 40.1 percent, which came from the recycling of the remaining funds from the allocations of the past year 2010.
The ministry, according to the statement, that the percentage of expenses of the investment budget for 2011 up to November, with the advances amounted to 39.3 percent, while the ratio of the actual expenses of the investment budget for 2010 for the same period 52.7 percent.
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30/11/2011
BAGHDAD - Al Sabah
Revealed the Ministry of Planning and Development Cooperation for the rate of exchange in the ministries during the current year by more than 25 percent, compared to last year. Attributed the ministry said in a statement issued yesterday, received the "morning," a copy of it, the reason for the rate of exchange in the current year to a decline in purchasing power of the ministries and agencies is related to the Ministry compared with the figure reported last year by 25.4 percent. They noted that the purchasing power to the provinces for the same period increased by 37.8 percent despite an increase in allocations allocated to the budget investment for the current year increased by 40.1 percent, which came from the recycling of the remaining funds from the allocations of the past year 2010.
The ministry, according to the statement, that the percentage of expenses of the investment budget for 2011 up to November, with the advances amounted to 39.3 percent, while the ratio of the actual expenses of the investment budget for 2010 for the same period 52.7 percent.
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