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Financial representative: the share of the provinces of the budget went up by 100% from last year
Monday, 09 December 2 / January 2012 20:04 |
BAGHDAD / However: the parliamentary Finance Committee confirmed that the proportion of the provinces of the federal budget went up by 100% from last year, saying it had asked the Iraqi provincial councils themselves to create the new allocations.
The head of the Paradise financial Haider Abedi told the future on Monday, that there went great some provinces by increasing the budget of the provinces 100% from last year, indicating that this increase is significant for one year, asserting that the Finance Committee in the House of Representatives met with the provincial councils and asked them to to prepare themselves for more assignments and more powers
He Abadi, that "Despite the current budget that is new should be no increase in the Alsalahiat Mhatfezat, noting that even now, the budget did not reach the ambitious Msttoy but there is change for next year."
The Finance Minister Rafie al-Issawi said in the eighth month of December of last year, in a press conference that the total Iraqi 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, to a deficit of 14 trillion dinars, which represents 10 percent of gross domestic product and 12 percent of the total budget
The House voted on the budget for 2011 amounting to some 93 trillion deficit 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. Finished / Marwan Shuwaili
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Monday, 09 December 2 / January 2012 20:04 |
BAGHDAD / However: the parliamentary Finance Committee confirmed that the proportion of the provinces of the federal budget went up by 100% from last year, saying it had asked the Iraqi provincial councils themselves to create the new allocations.
The head of the Paradise financial Haider Abedi told the future on Monday, that there went great some provinces by increasing the budget of the provinces 100% from last year, indicating that this increase is significant for one year, asserting that the Finance Committee in the House of Representatives met with the provincial councils and asked them to to prepare themselves for more assignments and more powers
He Abadi, that "Despite the current budget that is new should be no increase in the Alsalahiat Mhatfezat, noting that even now, the budget did not reach the ambitious Msttoy but there is change for next year."
The Finance Minister Rafie al-Issawi said in the eighth month of December of last year, in a press conference that the total Iraqi 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, to a deficit of 14 trillion dinars, which represents 10 percent of gross domestic product and 12 percent of the total budget
The House voted on the budget for 2011 amounting to some 93 trillion deficit 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. Finished / Marwan Shuwaili
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