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Finance Committee: 2012 budget under discussion and need for approval to month
On: Tue 01/24/2012 10:13
Baghdad / term
confirmed the parliamentary decision of the Finance Committee Ahmad electrodes to the financial budget for the current year is still debated within the Finance Committee, noting that they need a whole month until it is voted on in Parliament. The House of Representatives had already begun to consider the budget and completed the first reading and then the second and waiting approval at future meetings.
The electrodes of the Euphrates News Agency said yesterday that "The Finance Committee is examining the financial budget bill for the current year and thoroughly on all sides and that there is continuing work by the members of the Committee to end the study of the draft law and add some remarks are made." "The completion of a study draft financial budget and submit it to a vote in parliament will be during the whole month." The budget of 2012, the largest in the history of Iraq's annual budget is approximately $ 100 billion and which the government seeks to stimulate the investment side. And the reasons for the delay in the adoption of the budget of Finance pointed electrodes that "every year delayed the arrival of the budget bill of Finance to the House of Representatives and the reason for this is the Council of Ministers and then addresses the members of the House of Representatives the draft and debate rages on them, causing a delay additional to approve the financial budget." On the other hand is free to block the financial budget for this year where a lot of violations, which belong to the final accounts, pointing out that the lack of attendance by members of the Iraqi Council of Representatives of the process will delay the approval. A member of the National Alliance, Jawad al-Hasnawi told the Kurdish news agency yesterday that "the delay in approval of the budget for this year would hinder the work of state and private operating budget pertaining to the projects under which," noting that "discussions are ongoing between the political blocs to add notes on the budget because some segments of society did not include the increases. " Hasnawi added that "the final accounts of the budget where many of the violations were submitted to the House of Representatives so far studied, in addition to the issue of giving powers to the provincial councils by giving them larger amounts of development projects in the territories."
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