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Maliki calls for parliamentary integrity and financial disclosure mechanism for disbursement of oil abundance
18/06/2011 11:36
Baghdad, June 18 (Rn) - demanded that the Iraqi parliamentary integrity committee, on Saturday, Prime Minister Nuri al-Maliki and Minister of Finance made a statement disbursement aspects of oil windfall "divide the price of oil" for years.
A member of the high-Nassif, in a statement received by the Kurdish news agency (Rn), a copy of it, that "the Prime Minister and Minister of Finance Bayan exchange mechanism abundance of oil, and the statement of final accounts for the period of the last to be presented to the House of Representatives."
Nassif explained that "the right of members of the House as representatives of the people to see what was spent during the Hundred Days of the abundance of oil is recycled from the final accounts."
And stated that "transparency must be a central feature of financial transactions for all ministries, the Ministry of Finance should be on top of the list of ministries, which provide detailed tables on the mechanism of exchange, whether during the last hundred days or the first half of this year."
The Iraqi government has revealed that high oil prices boosted Iraq's oil revenues to reach $ 34.1 billion in the first five months of this year, an increase of $ 8.7 billion or 34 percent from the budget figures.
With the steady rise in Iraqi oil production and exports, government officials say they expect to cover the expected shortfall in oil revenues in the 2011 budget of $ 13.4 billion.
In February, the Iraqi parliament approved a budget of 82.6 billion dollars in 2011 on the basis that the price of oil is $ 76.50 per barrel of crude and exports 2.2 million barrels a day.
Peace Baghdadi
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18/06/2011 11:36
Baghdad, June 18 (Rn) - demanded that the Iraqi parliamentary integrity committee, on Saturday, Prime Minister Nuri al-Maliki and Minister of Finance made a statement disbursement aspects of oil windfall "divide the price of oil" for years.
A member of the high-Nassif, in a statement received by the Kurdish news agency (Rn), a copy of it, that "the Prime Minister and Minister of Finance Bayan exchange mechanism abundance of oil, and the statement of final accounts for the period of the last to be presented to the House of Representatives."
Nassif explained that "the right of members of the House as representatives of the people to see what was spent during the Hundred Days of the abundance of oil is recycled from the final accounts."
And stated that "transparency must be a central feature of financial transactions for all ministries, the Ministry of Finance should be on top of the list of ministries, which provide detailed tables on the mechanism of exchange, whether during the last hundred days or the first half of this year."
The Iraqi government has revealed that high oil prices boosted Iraq's oil revenues to reach $ 34.1 billion in the first five months of this year, an increase of $ 8.7 billion or 34 percent from the budget figures.
With the steady rise in Iraqi oil production and exports, government officials say they expect to cover the expected shortfall in oil revenues in the 2011 budget of $ 13.4 billion.
In February, the Iraqi parliament approved a budget of 82.6 billion dollars in 2011 on the basis that the price of oil is $ 76.50 per barrel of crude and exports 2.2 million barrels a day.
Peace Baghdadi
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