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Delay adoption of the budget and the absence of an economic strategy for the control of the market will lead to unprecedented rise in prices
BAGHDAD / Conference
The current year budget is still under discussion 2012, and stresses the Finance Committee that they need to month for approval, for its part, assured the Committee that the prices of real estate services in the country will see an unprecedented rise in prices, which will lead to increased prices of all goods and keeping the increase.
On the adoption of the budget confirmed the parliamentary decision of the Finance Committee Ahmad electrodes to the financial budget for the current year is still being discussed 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 approval is expected in future meetings. The electrodes, told {Euphrates News} on Monday that «the Finance Committee is examining the budget bill financial for the current year thoroughly and from all aspects and that there is continuing work by the members of the committee to end the study of the draft law and to add some remarks are made». He added that «the end the study of the draft financial budget and submit it to a vote in parliament will be during the month of«. 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 approving the budget, financial 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 of an extra in approving the budget of Finance». And adopted government in its budget for this year the price of oil to $ 85 basis and exports of oil size 2.625 million barrels per day. The government says the budget in 2012 focused on the energy sector and oil in the first stage and then the security sector and then the education sector, education and health. And distributed the financial budget for Iraq this year by 68% for operational projects, while 32% went to the investment budget. In light of budget investment is limited, forecasts from other members that the housing crisis Ststvhal more which will reflect negatively on the Iraqi economy, the generality of his joints, as predicted by the Commission services and reconstruction MP / coalition in Iraq / Suhad Fadel property prices during the next term if they were not There are laws governing the legislator assets sale and purchase of real estate in Iraq. She said Fadel told the reporter Agency (news) on Monday: that property prices in parts of Iraq, whether land or buildings and reached the astronomical prices of the Iraqi individual is unable to afford them due to the absence of government controls over the process of buying and selling real estate in the state.
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BAGHDAD / Conference
The current year budget is still under discussion 2012, and stresses the Finance Committee that they need to month for approval, for its part, assured the Committee that the prices of real estate services in the country will see an unprecedented rise in prices, which will lead to increased prices of all goods and keeping the increase.
On the adoption of the budget confirmed the parliamentary decision of the Finance Committee Ahmad electrodes to the financial budget for the current year is still being discussed 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 approval is expected in future meetings. The electrodes, told {Euphrates News} on Monday that «the Finance Committee is examining the budget bill financial for the current year thoroughly and from all aspects and that there is continuing work by the members of the committee to end the study of the draft law and to add some remarks are made». He added that «the end the study of the draft financial budget and submit it to a vote in parliament will be during the month of«. 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 approving the budget, financial 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 of an extra in approving the budget of Finance». And adopted government in its budget for this year the price of oil to $ 85 basis and exports of oil size 2.625 million barrels per day. The government says the budget in 2012 focused on the energy sector and oil in the first stage and then the security sector and then the education sector, education and health. And distributed the financial budget for Iraq this year by 68% for operational projects, while 32% went to the investment budget. In light of budget investment is limited, forecasts from other members that the housing crisis Ststvhal more which will reflect negatively on the Iraqi economy, the generality of his joints, as predicted by the Commission services and reconstruction MP / coalition in Iraq / Suhad Fadel property prices during the next term if they were not There are laws governing the legislator assets sale and purchase of real estate in Iraq. She said Fadel told the reporter Agency (news) on Monday: that property prices in parts of Iraq, whether land or buildings and reached the astronomical prices of the Iraqi individual is unable to afford them due to the absence of government controls over the process of buying and selling real estate in the state.
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