Wednesday, April 4 / April 2012 19:40
Minister of Finance, discusses the budget plan for three years and emphasizes the lack of dependence on oil as a major source of wealth have
Wednesday, April 4 / April 2012 19:40
Baghdad {: News} discussed the Euphrates and the Finance Minister Rafie al-Issawi, mechanisms and basic determinants of the federal budget plan for the next three years, and stressed the need not to rely on oil as a major source of wealth for the state budget.
A statement by the Ministry of Finance received by the agency {Euphrates News} today a copy of "al-Issawi, he presided over the first preparatory meeting for the preparation of strategies for the federal budget for the next three years and attended the meeting and the Deputy Minister of Planning Sami when and Chairman of the Finance Committee parliamentary Haider Abadi, along with directors of departments budgets of various government ministries and representatives of for some local governments of some provinces. "
The statement added that "During the meeting, discuss the mechanisms and basic determinants of the budget plan for the years 2013-2014-2015."
The Minister of Finance that "the tasks of this Committee are important and should be large and the participation of all government ministries, and that these tasks to Atnhsr Ministry of Finance and Planning, which is alone in the past years, the development strategy of the state budget while the rest of the ministries had another look."
And between al-Issawi, "The fundamental determinants of the state budget for the years the next three on the basis of financial framework average for the years the next three and the extent of approaching the five-year plan included in the Ministry of Planning in addition to the commitment and capacity of the Ministry of Oil Introduced guesses expected Aiardt oil in order to ignore them in the preparation of the budget."
The finance minister stressed the need to "determine the non-oil revenues and the development of plans for development and support and therefore not to rely on oil as a major source of wealth for the state budget."
The Minister of Finance that "the public budgets of the state will depend on a set of priorities recommended by the Council of Ministers, including the increased expenditures in the areas of security and basic services for the Iraqi people and to increase oil production," adding also that "there is a set of fundamentals will be adopted by the Commission in developing the next plan for the state budget For years the three of them Maitalq normalization of the situation with neighboring countries and their impact on oil prices as well as Maitalq debt owed by Iraq. "
"The strategies to be adopted in the development of public budgets of the state will raise the level of services and social welfare of the citizen and is determined by several goals, including expanding health care and preventive health in addition to expanding expenditure on the development of education and improve higher education and scientific research and the provision of water, electricity and sanitation as well as expansion of religious places and cultural development in addition to labor, capacity building and will be allocated funds for the development of these aspects as well thought out plans. "ended.
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