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Najafi criticizing the budget 2012 for lack of service projects
On: Tue 03/01/2012 7:45
□ Baghdad / follow-up term economic
criticized House Speaker Osama Najafi financial budget for the year 2012 for the lack of projects, services, confirming that it has seen an increase in operating expenses at the expense of investment.
Nujaifi said during a speech on the occasion of the American withdrawal from the country, delivered in the House of Representatives, according to the "Sumerian News "
"The federal budget for 2012 was characterized by an increase in operating expenses at the expense of investment expenditures," noting that "the financial allocations are insufficient to meet the need of the service sectors that will improve links human development different for the better."
said Najafi, the need that "there will be a major priority social services, education, health, and increase allocations of development of regions and to support civil society organizations to achieve well-being of the largest of the citizen and finding urgent solutions to the roof of a specific time frame is known of the major crises that afflict our people. "
The Finance Minister Rafie al-Issawi said in the eighth month of December last, in a press conference that the the total federal budget for 2012 has reached 117 trillion dinars, indicating that the share of the operational budget for 2012 reached 80 trillion dinars, compared to 37 trillion dinars investment budget, and by the inability of 14 trillion dinars and Houma representing 10% of the gross domestic product and 12% of the total budget " .
The House voted on the budget for 2011 amounting to about 93 Trliuna deficit of 14 trillion dinars, while the operating expenses 0.64 trillion dinars, while the total investment expenditure 29 trillion dinars, based on the rate of 76.5 dollars per barrel of oil at a rate of 2.0002 million barrels a day , including 100 thousand barrels of the Kurdistan region.
The speaker of the House of Representatives Osama Najafi, in (November 28, 2011), the need to expedite the completion of the annual budget for the coming year during a short period, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund that is currently working to reduce and minimize the recurrent budget in the budget for Iraq in 2012.
revealed the Ministry of Planning and Development Cooperation in the month of September of last year that Iraq's budget for the current year 2012 is the second largest budget in the Arab world, noting that the oil and electricity sectors will capture the largest allocations of the investment budget for next year.
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