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Distribution of 25% of the oil price increase on the citizens of next June
Date: Monday 02/27/2012 20:13
Yasiri: Council of Ministers will develop mechanisms for the distribution of oil royalties to the Iraqis
BAGHDAD - Alaa al-Tamimi
I expected a member of the economic, investment and Alaamaralbrlmanah direct distribution to increase the price of oil on the citizens before the month of June. At a time when a male and Undersecretary of the Ministry of Finance Monday, said 25% of the increase in the price of oil to be distributed to Iraqi citizens, will take place during the month of June. Said committee member Nahida Daini's (Citizen): »that the Ministry of Finance Ray in this matter which proposes to set up a fund allocated for the distribution of money to prepare family members». and added »that after the approval of the budget and approval will be of direct distribution by the month of June», pointing out »that this step is important At the moment it is played by Iraqi human ». She Daini about» hope to reach this money to the families due to the smooth and well ». and stressed the need to« find the mechanics of the seriousness and the process of this aspect ». For his part, is a member of the Finance Committee that» the mechanics of distribution money to the families of oil royalties will be in accordance with the mechanisms established by the Council of Ministers ». said committee member Abdul-Hussein al-Yasiri's (Citizen):» that the mechanics of the distribution of oil royalties on the citizens be established by the Council of Ministers later ». He said he» will be set up a special fund in the Ministry of Finance is working in this distribution Alataraly money on Iraqi families ». He said» that every 6 months, the distribution process are reviewed by regulatory authorities ».
He Yasiri »that support the Iraqi families through increases in oil would have a positive effect on the Iraqi people»., And »that the families of many Iraqi suffering from difficult conditions, and comes the distribution of oil money upon something important now to raise their standard of living». For his part, Undersecretary of the Ministry of Finance of Iraq , on Monday, said 25% of the increase in the price of oil to be distributed to Iraqi citizens, will take place during the month of June next, indicating that the distribution process will be through agents distribution of food. The Iraqi Council of Representatives may Oaqralkhamis past the country's budget for the year 2012 the value was 117 trillion Iraqi dinars (about U.S. $ 100 billion), based on an average oil price of $ 85 a barrel and an average crude exports of 2.6 million barrels a day, after a delay of weeks because of disagreements on how it was spent, which is usually accompanied by the adoption of state budget finances. said Undersecretary of the Ministry of Iraqi Finance, Fadel, a prophet, that «the country's budget for 2012 includes the distribution of 25% of the increase in oil revenues to Iraqi citizens, but can not the Ministry of Finance announced the amount of those payments now, because that depends on oil prices, nor can be known only after the solutions the month of June next ». He added that« is not known yet whether or not funds will be increased, if increased, the best mechanism is the repetition of past experience when the distribution of compensatory payments for food rations to citizens, through agents food ».
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Date: Monday 02/27/2012 20:13
Yasiri: Council of Ministers will develop mechanisms for the distribution of oil royalties to the Iraqis
BAGHDAD - Alaa al-Tamimi
I expected a member of the economic, investment and Alaamaralbrlmanah direct distribution to increase the price of oil on the citizens before the month of June. At a time when a male and Undersecretary of the Ministry of Finance Monday, said 25% of the increase in the price of oil to be distributed to Iraqi citizens, will take place during the month of June. Said committee member Nahida Daini's (Citizen): »that the Ministry of Finance Ray in this matter which proposes to set up a fund allocated for the distribution of money to prepare family members». and added »that after the approval of the budget and approval will be of direct distribution by the month of June», pointing out »that this step is important At the moment it is played by Iraqi human ». She Daini about» hope to reach this money to the families due to the smooth and well ». and stressed the need to« find the mechanics of the seriousness and the process of this aspect ». For his part, is a member of the Finance Committee that» the mechanics of distribution money to the families of oil royalties will be in accordance with the mechanisms established by the Council of Ministers ». said committee member Abdul-Hussein al-Yasiri's (Citizen):» that the mechanics of the distribution of oil royalties on the citizens be established by the Council of Ministers later ». He said he» will be set up a special fund in the Ministry of Finance is working in this distribution Alataraly money on Iraqi families ». He said» that every 6 months, the distribution process are reviewed by regulatory authorities ».
He Yasiri »that support the Iraqi families through increases in oil would have a positive effect on the Iraqi people»., And »that the families of many Iraqi suffering from difficult conditions, and comes the distribution of oil money upon something important now to raise their standard of living». For his part, Undersecretary of the Ministry of Finance of Iraq , on Monday, said 25% of the increase in the price of oil to be distributed to Iraqi citizens, will take place during the month of June next, indicating that the distribution process will be through agents distribution of food. The Iraqi Council of Representatives may Oaqralkhamis past the country's budget for the year 2012 the value was 117 trillion Iraqi dinars (about U.S. $ 100 billion), based on an average oil price of $ 85 a barrel and an average crude exports of 2.6 million barrels a day, after a delay of weeks because of disagreements on how it was spent, which is usually accompanied by the adoption of state budget finances. said Undersecretary of the Ministry of Iraqi Finance, Fadel, a prophet, that «the country's budget for 2012 includes the distribution of 25% of the increase in oil revenues to Iraqi citizens, but can not the Ministry of Finance announced the amount of those payments now, because that depends on oil prices, nor can be known only after the solutions the month of June next ». He added that« is not known yet whether or not funds will be increased, if increased, the best mechanism is the repetition of past experience when the distribution of compensatory payments for food rations to citizens, through agents food ».
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