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Source: 25% of the budget surplus will be paid in cash to the people
On: Sun 04/03/2012 9:03
Baghdad / term
Confirmed member of the Finance Committee that the surplus of Magda Al-Tamimi last year of budget allocations went to projects of electricity and to pay and the amounts of money in the Municipality of Baghdad, and another part to the ration card, but there is a surplus remaining up to 28 trillion dinars.
Said Tamimi's (Baghdadi News): The fate of the money will be returned from the ministries or local governments because of the lack of implementation of projects that were awarded allocations.
Tamimi said that the surplus also went to projects of religious sites and the Ministry of Transport and there is still a surplus up to 28 trillion dinars.
She went for a surplus in this year, "there directing that portion of it goes according to Article 2, paragraph (f) and by 25% will go to the Iraqi people in cash.
The economic expert called on the government to disclose the remaining surplus of the financial allocations to ministries and provinces in each year through the provision of the final accounts, to see the financial base of the country, helping to bridge the budget deficit and the preparation of development plans while reducing opportunities for corruption.
And criticized the economic expert Dr Majid picture in a statement to / Baghdadiya News / "non-submission of final accounts accurate describes the financial base possessed by Iraq, the information available is limited only to the reserve at the central bank is about 60 billion dollars, but should disclose the government's surplus from previous years The mechanism by which it is used to cover the deficit in the current year or next, Vemoazna been allocated this year compared with a deficit of large budget deficit as the global $ 14 billion, which means 14 percent.
And between the picture "that oil imports in 2011 amounted to $ 83 billion and the general budget at the time did not exceed $ 82 billion, which means that the oil resources alone was the surplus billion dollars, in addition to the investment budget did not Tfz full and there are sources talking about that 15% have been implemented This means an excess of a very large investment budget and if we assume that 50% of the investment budget applied will be surplus ten billion dollar, in addition to the surplus materials from duties, taxes and other resources that would take the government there is a surplus is too large in the 2011 budget, so why is the implementation of the budget 2012 Although the deficit of the money that flooded in 2011.
He pointed out the picture that the period from 2003 up to now has seen exchange $ 600 billion and there is no relationship or comparison between the amounts spent and the results have been reached, saying that "much of the money goes to financial corruption and administrative, while the other part poorly disposed of until now funds are not recorded in the final budget has not been disclosed and that he is going to talk now there are seven billion dollars have been allocated within the budget, but spent by the government.
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On: Sun 04/03/2012 9:03
Baghdad / term
Confirmed member of the Finance Committee that the surplus of Magda Al-Tamimi last year of budget allocations went to projects of electricity and to pay and the amounts of money in the Municipality of Baghdad, and another part to the ration card, but there is a surplus remaining up to 28 trillion dinars.
Said Tamimi's (Baghdadi News): The fate of the money will be returned from the ministries or local governments because of the lack of implementation of projects that were awarded allocations.
Tamimi said that the surplus also went to projects of religious sites and the Ministry of Transport and there is still a surplus up to 28 trillion dinars.
She went for a surplus in this year, "there directing that portion of it goes according to Article 2, paragraph (f) and by 25% will go to the Iraqi people in cash.
The economic expert called on the government to disclose the remaining surplus of the financial allocations to ministries and provinces in each year through the provision of the final accounts, to see the financial base of the country, helping to bridge the budget deficit and the preparation of development plans while reducing opportunities for corruption.
And criticized the economic expert Dr Majid picture in a statement to / Baghdadiya News / "non-submission of final accounts accurate describes the financial base possessed by Iraq, the information available is limited only to the reserve at the central bank is about 60 billion dollars, but should disclose the government's surplus from previous years The mechanism by which it is used to cover the deficit in the current year or next, Vemoazna been allocated this year compared with a deficit of large budget deficit as the global $ 14 billion, which means 14 percent.
And between the picture "that oil imports in 2011 amounted to $ 83 billion and the general budget at the time did not exceed $ 82 billion, which means that the oil resources alone was the surplus billion dollars, in addition to the investment budget did not Tfz full and there are sources talking about that 15% have been implemented This means an excess of a very large investment budget and if we assume that 50% of the investment budget applied will be surplus ten billion dollar, in addition to the surplus materials from duties, taxes and other resources that would take the government there is a surplus is too large in the 2011 budget, so why is the implementation of the budget 2012 Although the deficit of the money that flooded in 2011.
He pointed out the picture that the period from 2003 up to now has seen exchange $ 600 billion and there is no relationship or comparison between the amounts spent and the results have been reached, saying that "much of the money goes to financial corruption and administrative, while the other part poorly disposed of until now funds are not recorded in the final budget has not been disclosed and that he is going to talk now there are seven billion dollars have been allocated within the budget, but spent by the government.
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