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Finance parliamentary reservations on the opinion of the International Monetary Fund next year's budget
26/05/2012 04:15
BAGHDAD / center news for the Iraqi Media Network - has shown the Finance Committee's parliamentary reservation on the opinion of the International Monetary Fund on the adoption rate of $ 85 per barrel in the budget of 2013 being a debate about the mechanisms of preparation, while confirming that the direction of Iraq is the adoption rate of $ 90 per barrel to reduce the size of the fiscal deficit in the budget.
He discussed the International Monetary Fund on 20 this month, with Iraqi officials from the Central Bank and Ministry of Finance and the Finance Committee in Beirut parliamentary mechanism to prepare budget for Iraq for the next three years, and his discussion was postponed to another time.
A member of the Finance Committee, the parliamentary Faleh applicable to (Center news for the Iraqi Media Network) "The pricing of the International Monetary Fund for a barrel of Iraqi oil in the budget is $ 85 per barrel was the focus of reservation ... We demand the adoption price of $ 90 and if the increased revenue, there will be space to reduce the deficit. "
He said in effect that "there are three possible options for the pricing of a barrel of Iraqi oil during the next three years is $ 85 and $ 87.5 and $ 90, but the IMF was assured on the price of $ 85 per barrel."
He continued in force as saying that "the debate, which came out several recommendations stressed that the growth is in the operational budgets for each year by 5% the year before, and to be the priority in the investment budget for ongoing projects."
And calls for international fund dots the Iraqi government to reduce the proportion of the operating budget for increasing the proportion of the investment budget.
And approved the Iraqi government in its emergency meeting in (05/12/2011) budget in 2012 by $ 100 billion (about 117 trillion Iraqi dinars) and a deficit of up to $ 13.5 billion (about 17 trillion dinars).
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26/05/2012 04:15
BAGHDAD / center news for the Iraqi Media Network - has shown the Finance Committee's parliamentary reservation on the opinion of the International Monetary Fund on the adoption rate of $ 85 per barrel in the budget of 2013 being a debate about the mechanisms of preparation, while confirming that the direction of Iraq is the adoption rate of $ 90 per barrel to reduce the size of the fiscal deficit in the budget.
He discussed the International Monetary Fund on 20 this month, with Iraqi officials from the Central Bank and Ministry of Finance and the Finance Committee in Beirut parliamentary mechanism to prepare budget for Iraq for the next three years, and his discussion was postponed to another time.
A member of the Finance Committee, the parliamentary Faleh applicable to (Center news for the Iraqi Media Network) "The pricing of the International Monetary Fund for a barrel of Iraqi oil in the budget is $ 85 per barrel was the focus of reservation ... We demand the adoption price of $ 90 and if the increased revenue, there will be space to reduce the deficit. "
He said in effect that "there are three possible options for the pricing of a barrel of Iraqi oil during the next three years is $ 85 and $ 87.5 and $ 90, but the IMF was assured on the price of $ 85 per barrel."
He continued in force as saying that "the debate, which came out several recommendations stressed that the growth is in the operational budgets for each year by 5% the year before, and to be the priority in the investment budget for ongoing projects."
And calls for international fund dots the Iraqi government to reduce the proportion of the operating budget for increasing the proportion of the investment budget.
And approved the Iraqi government in its emergency meeting in (05/12/2011) budget in 2012 by $ 100 billion (about 117 trillion Iraqi dinars) and a deficit of up to $ 13.5 billion (about 17 trillion dinars).
[You must be registered and logged in to see this link.]
