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Expert: Adoption of the 2012 budget without the approval of the final accounts is contrary to the Constitution
Saturday, January 17 / 1 December 2011 14:03
{Baghdad} Euphrates News said economist Mohammad al-Samarrai The adoption of the budget for Iraq in 2012 without the approval of the final accounts for previous years is contrary to the constitution of the country in addition to the account in violation of the mathematical concepts.
He said in a statement received by the Euphrates News} {a copy of it on Saturday that "the real reason behind the preparation of budgets to repeat the mistakes in Iraq, which led to another project to balance public budgets are similar to previous years is not Adoption of the final accounts of the budgets of the public since 2004 to the present day, making the uncertainty afflict the public budgets submitted for previous years and next year because of the lack of clarity of the true picture of the credibility of spending and Eraradt by clear and summarized approving the final accounts. "
He added that "this does not happen in any country in the world can not accept it because it will end to errors and waste and the loss of much of the money," adding that "it constitutes a constitutional violation of Article 62, paragraph First of Article 80, paragraph IV of the Constitution."
He continued by saying that "the adoption of the final accounts gives those in charge of economic decision flexibility and the ability to shape policy, strategic financial and economic for the next period in a more accurate and gives the same time the actual assessment of the performance of ministries and agencies and their success in the implementation of what has drawn them from the broad lines of government spending in order to provide the best service for the Iraqi people. "
He said in the statement that the Iraqi government has passed a budget in 2012 a total value of $ 100 billion, the deficit was estimated at $ 14 billion, after the adoption of calculated on the rate of default price for a barrel of Iraqi oil was $ 85, and the volume of oil exports reached 2.6 million barrels per day. The percentage of the operating budget in the budget next year, 68%, while the investment budget accounted for the remaining ones. / End. M
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Saturday, January 17 / 1 December 2011 14:03
{Baghdad} Euphrates News said economist Mohammad al-Samarrai The adoption of the budget for Iraq in 2012 without the approval of the final accounts for previous years is contrary to the constitution of the country in addition to the account in violation of the mathematical concepts.
He said in a statement received by the Euphrates News} {a copy of it on Saturday that "the real reason behind the preparation of budgets to repeat the mistakes in Iraq, which led to another project to balance public budgets are similar to previous years is not Adoption of the final accounts of the budgets of the public since 2004 to the present day, making the uncertainty afflict the public budgets submitted for previous years and next year because of the lack of clarity of the true picture of the credibility of spending and Eraradt by clear and summarized approving the final accounts. "
He added that "this does not happen in any country in the world can not accept it because it will end to errors and waste and the loss of much of the money," adding that "it constitutes a constitutional violation of Article 62, paragraph First of Article 80, paragraph IV of the Constitution."
He continued by saying that "the adoption of the final accounts gives those in charge of economic decision flexibility and the ability to shape policy, strategic financial and economic for the next period in a more accurate and gives the same time the actual assessment of the performance of ministries and agencies and their success in the implementation of what has drawn them from the broad lines of government spending in order to provide the best service for the Iraqi people. "
He said in the statement that the Iraqi government has passed a budget in 2012 a total value of $ 100 billion, the deficit was estimated at $ 14 billion, after the adoption of calculated on the rate of default price for a barrel of Iraqi oil was $ 85, and the volume of oil exports reached 2.6 million barrels per day. The percentage of the operating budget in the budget next year, 68%, while the investment budget accounted for the remaining ones. / End. M
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