03/12/2011 PM - 11:30 AM | Hits: 8
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Called a representative for the Kurdistan Alliance, the House of Representatives to quickly pass the financial budget of the State in 2012.
The MP said Burhan Mohammed Faraj told all of Iraq [where] "is necessary for the House of Representatives to speed up the approval of Budgeting public finances for 2012 and give priority in his work period coming and not delayed as it is important for ministries and government institutions in the disbursement of salaries, loans and implementation of service projects and urban development, which affect the lives of the citizens directly. "
He added that "the economic plan set by the federal government has failed and is clearly in the eradication of poverty, unemployment and raise the standard of living of citizens, especially in the southern provinces where a large proportion of them below the poverty line and this is due to the absence of a mechanism and strategy of the federal government and local governments in how to provide employment and the eradication on class differences and ways to promote the standard of living and economic growth in all provinces in the country. "
The Ministry of Planning has unveiled on 26 September about the features of the federal budget for next year which will be between $ 112 and $ 120 billion, has announced the Council of Ministers on the allocation of $ 131 trillion dinars counterbalance overall federal increase of 36 percent from last year, and noted that the total revenue Federal amounted to 107.7 trillion dinars a deficit total of $ 23.3 trillion dinars is covered by the amounts retained from the cash balance in 2011
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