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Experts to the extent: 2012 budget does not meet the need for services and development and has a political dimension
On: Saturday 02/25/2012 7:12
Baghdad / Ahmed Abed Rabbo (Reuters) -
House of Representatives passed, the first of yesterday, Thursday a budget of 100.5 billion dollars for 2012, based on an average oil price of $ 85 a barrel, and an average crude exports of 2.6 million barrels per day, at a time between a number of experts it do not meet the urgent need for service projects and reconstruction.
They told (range) that the budget is shrouded in a political dimension and are subject to differences that have occurred in the political landscape in the country.
The approval came on a budget too late because of differences frequent among the members of Parliament.
and began Representatives vote on the budget items on the afternoon of last Thursday and continued the session until midnight the presence of 248 deputies, and headed by Osama Najafi.
The economist said Majid picture (range): I attended the budget in 2012 tyrannical for operating expenses at the expense of investment, leading to fatigue budgets, future, pointing to the current year budget like its predecessor are not related to reality Living room and away from the urgent needs of the sectors all economic.
and added the picture: You must reduce operating expenses and transferred to the expenses of the investment would lead to economic revitalization of Iraq in general, pointing to the need to support the private sector.
The budget forecasts a deficit of $ 12.6 billion will be funded the bulk of it from the surplus in the calculation of the Development Fund for Iraq to Federal Reserve Bank in New York.
The fund was established after 2003 in order to guide the oil revenues to finance the reconstruction and nutritional programs for Iraqis. And is filed Iraq, the bulk of the proceeds of oil sales in the Fund.
and budget allocates $ 31.7 billion for investment projects, salaries and support system of food commodities.
allocated budget is also $ 14.7 billion for Iraqi security forces.
and set the budget based on an average oil exports this year of 2.6 million barrels per day including that 175 thousand barrels per day from the territory of Kurdistan, and the average oil exports last year's 2.165 million barrels per day and fell to 2.106 million barrels per day in January.
For his part, said economic expert Bassem Jamil Anton's (long): The financial budget for the current year was traditional and free of economic visions clear.
said Anton: For the industrial sector and agriculture did not give him the importance of the customizations fully in the budget, pointing to the occupation of part of the operational largest share.
and called attention to the private sector for his role in the economic development process and support the agricultural and industrial sectors in the country.
Iraq is trying to OPEC member to rebuild its economy ravaged by years of war, sanctions and depends primarily on petroleum revenues, which funds about 95 percent of its budget.
aims Iraq, which has the fourth largest oil reserves in the world - to increase production capacity to 8-8.5 million barrels per day by 2017, which could jump him into the first row of the global producers. The budget deficit last year 2011 amounted to 82.6 billion dollars on the basis of an oil price of $ 76.50 dollars per barrel and average exports of 2.2 million barrels a day.
came allocations of security and defense ranked second reaching 14%, followed by social services, 12% and the Kurdistan region of 11% in addition to what it gets the region from the allocations of projects, regions and provinces in proportion to the population, amounting to 5%.
and allocated the budget for education 9% and for the environment, health, 4% and for water and sewage 3%, Culture, Youth 2% and the agricultural sector of 2%, industrial 1.2% and less than that for the rest of sectors.
to that, said Rep. for a coalition of Kurdish blocs longings dry, told the Kurdish news agency (Rn): All revenue actually will go into the Development Fund for Iraq or any other form last replaced after deducting 5% of compensation for Kuwait war, or any other rate determined by the Security Council and repaid to the United Nations.
stressed Dry to the people's representatives in the Council have made unremitting efforts for the adoption of the budget, calling the legislation the budget as "good news for the Iraqi people."
For his part, the president of the Turkmen Front were part of the Iraqi List, Arshad Salhi for include the budget for fiscal year 2012 financial allocations for the reconstruction of Turkmen regions in the number of of the country's provinces.
said Salhi said in a statement quoted by the agency all of Iraq [where] that "the financial budget for 2012 included for the first time allocations for the reconstruction of Turkmen regions in the provinces of Kirkuk, Salahuddin, Diyala and Nineveh."
In the meantime, MP Aziz Sharif Mayahi not to adopt paragraph 36 of the budget of 2012, as a fatal blow to the poor behind them political differences.
he said in a press statement: The lack of adoption of paragraph 36 of the financial budget by members of some political blocs is a fatal blow to the poor in Iraq, because it involves the allocation of funds to build housing units, schools and hospitals in all provinces, according to a postpaid plan. "
and added that behind the lack of the vote on paragraph 36, the reason is purely political, some lawmakers to believe that the adoption of this paragraph will lead to the success of the government, and this is rejected by those who drove the Iraqi citizens in their political differences.
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