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Kurdistan Alliance showing reservation on items in the budget of 2012
On: Friday 6/1/2012 6:14
Baghdad / Rn
showed the Kurdistan Alliance in the Iraqi Council of Representatives, Thursday, reservation on a number of items of the budget in 2012, and in particular the issue of financial allocations to the Kurdistan region guard forces (Peshmerga), increasing sovereign expenditure allocations that affect the provinces.
The Iraqi government approved early December / December 2012 budget by $ 100 billion (about 117 trillion Iraqi dinars), and a deficit of up to $ 13.5 billion (about 17) trillion dinars. Focused on the energy sector and oil the first phase, and then the security sector, and then the education sector, education and health.
and usually late adoption of fiscal balances to Iraq as a result of objections made by political blocs on the aspects of exchange and the financial allocations and quotas provinces.
The MP for the Kurdistan Alliance and a member of the Finance Committee parliamentary Najiba Najib told the Kurdish news agency (Rn), "The Kurdistan Alliance has kept the balance of 2012 item on the troop Guard Region Peshmerga," noting that "all budgets since 2007 until now are the texts on the conversion of disbursements of these forces (Peshmerga) to the Ministry of Defence But there is no application of these texts. "
There are still several outstanding problems between the Iraqi government and Kurdistan Regional Government, most notably the issue of oil contracts concluded by the Government of the Territory with several foreign companies in the extraction and export of oil, and the question of the budget of the Regional Guard "Peshmerga", and census year and commitment to the Constitution and the federal system, including Article 140 on the disputed areas between Baghdad and Erbil.
She Najib that "an agreement has been such as to form a government to be the Peshmerga forces part of the defense system of Iraq and has the approval of Prime Minister Nuri al-Maliki as commander of the armed forces in the discussions that took place recently in this regard. "
The member of the Kurdistan Alliance, "There is a reservation last increase sovereign expenditure and this in turn affects the reduction rates of the provinces of the financial allocations."
and adopted the Iraqi government in the budget to calculate the price per barrel of oil at $ 85, and exporting 2.6 million barrels per day, while Iraq is exporting 2.2 million barrels per day currently relies on oil imports by 95 percent to support the budget.
The government says the deficit will be covered by cash retained from the current year budget 2011, and internal and external borrowing and the percentage of the savings expected from the increased prices of oil or production or increase borrowing from the IMF and World Bank.
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