Home
Parliament proposed projects for the ministries of transfers rather than on credit
Date: Monday 04/02/2012 7:22
Baghdad / term follow-up
member of the Committee suggested the economy and investment parliamentary Qusay Fri transfers some of the important projects of the ministries instead of working projects, payment on credit, being a burden the public budget. Juma said, according to the Agency (news) that the country does not need to work on credit, that the financial budget of each year have not been implemented with only (60%), while the ministries did not happen, only (40%) of the allocations of Finance, which led to the recovery (20 billion) dollars to the state treasury in the budget last year.
He added Friday: should transfers the important projects of the ministries and the cancellation of projects is necessary within Tejesatha of Finance, instead of load balancing a lot of money through the payment on credit, noting that the country does not require projects to establish a method of payment on credit that balanced the financial hit (100) billion, and this is the largest budget in the history of Iraq and the region surrounding it, but needs to increase financial allocations for the investment budget, for the advancement of all sectors of the economy, as revealed by the Economic Commission deputy Abdul-Abbas Xiaa the formation of a subcommittee made up of parliamentary committees concerned to study and to activate the law of payment on credit for the purpose of submission to the House of Representatives for a vote, stressing that the project does not weigh the fact that Iraq rests with the state to increase its revenues coming financial accruing from oil.
[You must be registered and logged in to see this link.]
