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Member of the Finance Committee: the arrival of the financial budget to Parliament this week
On: Wednesday 12/7/2011 5:08
Baghdad / term
Predicted by the Finance Committee and the representative / National Alliance / Abdul-Hussein al-Yasiri this week to hand over the budget to the House of Representatives, and urged not to delay their approval in order not to affect the projects.
Yasiri said in a press statement on Tuesday that the financial budget is still the Council of Ministers after the objections of local and international by the fact that the operating budget was the largest percentage of the investment budget, as well as to adjust the price of a barrel of oil depends upon the budget by the Ministry of Finance.
He guessed Yasiri: that is delivered the budget by the Council of Ministers to Parliament this week as a result of reports that indicated that the Cabinet had reviewed the budget and had no objections or indicators to write this budget, it is hoped that up to the House of Representatives this week.
The Yasiri: the delayed adoption of the budget will impact on investment projects and strategy of the country being supported on the budget and forcing the federal government to implement laws and regulations in the former is a rate of exchange (1 / 12) of the operating budget, leading to the reluctance of many projects in the country.
He added that in the light of the mechanism used, the budget when delivered to the Parliament to be studied and examined and audited figures are written in by the Finance Committee in the House, and when it reaches the necessary call the Minister of Finance or the party that prepared the budget, so Fbadha either be returned to the Cabinet or be presented to the House of Representatives for a vote.
A member of the Finance Committee representative: It is hard to predict the period prescribed for the adoption of the budget, it may take days limited after the coming of the Council of Ministers, or goes on for a long time up to months, the fact that there is a study and audit of the figures contained therein and distributed to the provinces and ministries.
Earlier, he called a member of the Finance Committee and the representative / coalition in Iraq / Ibrahim al-Mutlaq, the Federal Government and the Parliament to put an exact calculations and future solutions by adjusting the annual budget according to a study scientifically accurate, and continued to be by the consultants and international experts to estimate the price of a barrel of oil based on this basis the budget for the purpose of avoiding the economic crisis and the reduction of gravity.
He said in a statement (the Agency news) that this effect will be direct, because Iraq is part of the world and when there is a global economic crisis, Iraq inevitably will be affected by the fact that the spotlight on this crisis, countries that produce oil.
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On: Wednesday 12/7/2011 5:08
Baghdad / term
Predicted by the Finance Committee and the representative / National Alliance / Abdul-Hussein al-Yasiri this week to hand over the budget to the House of Representatives, and urged not to delay their approval in order not to affect the projects.
Yasiri said in a press statement on Tuesday that the financial budget is still the Council of Ministers after the objections of local and international by the fact that the operating budget was the largest percentage of the investment budget, as well as to adjust the price of a barrel of oil depends upon the budget by the Ministry of Finance.
He guessed Yasiri: that is delivered the budget by the Council of Ministers to Parliament this week as a result of reports that indicated that the Cabinet had reviewed the budget and had no objections or indicators to write this budget, it is hoped that up to the House of Representatives this week.
The Yasiri: the delayed adoption of the budget will impact on investment projects and strategy of the country being supported on the budget and forcing the federal government to implement laws and regulations in the former is a rate of exchange (1 / 12) of the operating budget, leading to the reluctance of many projects in the country.
He added that in the light of the mechanism used, the budget when delivered to the Parliament to be studied and examined and audited figures are written in by the Finance Committee in the House, and when it reaches the necessary call the Minister of Finance or the party that prepared the budget, so Fbadha either be returned to the Cabinet or be presented to the House of Representatives for a vote.
A member of the Finance Committee representative: It is hard to predict the period prescribed for the adoption of the budget, it may take days limited after the coming of the Council of Ministers, or goes on for a long time up to months, the fact that there is a study and audit of the figures contained therein and distributed to the provinces and ministries.
Earlier, he called a member of the Finance Committee and the representative / coalition in Iraq / Ibrahim al-Mutlaq, the Federal Government and the Parliament to put an exact calculations and future solutions by adjusting the annual budget according to a study scientifically accurate, and continued to be by the consultants and international experts to estimate the price of a barrel of oil based on this basis the budget for the purpose of avoiding the economic crisis and the reduction of gravity.
He said in a statement (the Agency news) that this effect will be direct, because Iraq is part of the world and when there is a global economic crisis, Iraq inevitably will be affected by the fact that the spotlight on this crisis, countries that produce oil.
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