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Completion of a draft budget law for the region in 2012
On: Wednesday 22/2/2012 8:19
Erbil / range
revealed the Ministry of Finance and Economy in the Kurdistan Regional Government, the completion of the draft budget law for the current year the region, noting that the transfer of the budget to the Parliament of Kurdistan is subject to ratification by the Iraqi parliament on the state budget of the country.
A spokesman for the Ministry of Finance and Economy in Government of the Territory Dler Tariq "The draft budget of the Kurdistan region in 2012 this was completed and ready for submission to Parliament of the region," noting that "the delay in completion of the draft budget and approval comes in anticipation of any changes are made by the Iraqi Council of Representatives on the budget General of the country in terms of share of the Kurdistan region. "and Tariq to" balance the Kurdistan region for the current year amounted to 12 trillion and 600 billion Iraqi dinars, and that ratification would only be done after approval by the Iraqi Council of Representatives to the general budget of the country. "For his part, Secretary of the Board Kurdistan Region Minister, Mohammed Qaradaghi "complete budget bill the Kurdistan region in all respects," and pointed out that "the government pending the approval of the Iraqi parliament on the state budget of the country in order to refer the budget to the Parliament of the Kurdistan Region for approval." In turn, said Najiba Najib member of the Economic Committee in the Iraqi parliament said that "the Iraqi budget of the year 2012 allocated $ 12 trillion and 600 billion Iraqi dinars for the Kurdistan region therefore have to draw the Kurdistan Regional Government budget as allocated to the region in the general budget."
It should be noted that the Board Member Representatives from the Kurdistan Alliance bloc happy Messenger Khoshnaw said, that the Finance Committee, the parliamentary completed all work on the draft general budget bill for the country in 2012, and to be put to vote and endorsing it on Thursday, pointing out that the draft budget bill took most of the Kurdish demands into account. The Kurdish parties in the Iraqi parliament has called for increasing the budget allocated to the Commission of Article 140 of the Federal Constitution relating to the disputed areas between Arbil and Baghdad, which currently amounts to 170 billion Iraqi dinars, as well as to increase the funds for compensation to families affected by the policies of the former Iraqi regime in the region, the fact that the amount allocated to the region in this context is 51 billion dinars, which is enough to make up for about 5 thousand families only, while the number of families affected in Kurdistan, much more.
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