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Parliamentary Finance: Identification of financial abundance for the sale of oil the last three months of the budget
Date: Monday 06/11/2012 22:21
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BAGHDAD - Rn
Announced that the Finance Committee in the Iraqi parliament on Sunday, that the abundance of Finance to sell the oil it was agreed to determine the last three months of the federal budget, indicating that the reason is that Iraq does not receive money selling oil directly. A member of the Committee Secretary Hadi said that «Iraq sells oil does not receive directly the money owed for the sale of oil, because the money up after more than a month, so the determination of the abundance of Finance from the sale of oil delayed to the last three months of the budget ». and the intervention of all revenues earned from the sale of Iraqi oil in the Development Fund for Iraq or any other form Another replaced after deducting 5% of compensation for Kuwait war, or any other rate determined by the Security Council and repaid to the United Nations. said Hadi that «the origin of money is to compensate the deficit in the federal budget for this year and then determine the surplus from the sale of oil». The Finance Committee Parliamentary revealed last month that the calculated abundance of the financial budget for the current year Federal will be the beginning of July next. The Iraqi Council of Representatives passed the federal budget for Iraq for 2012, which amounted to about 100.5 billion dollars last February after being voted on the $ 43 paragraphs of a paragraph. The adoption of the budget after months of discussions and disputes over its terms. Of Karbala, an Iraqi researcher discovers a device to double the power four times.
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Date: Monday 06/11/2012 22:21
.
BAGHDAD - Rn
Announced that the Finance Committee in the Iraqi parliament on Sunday, that the abundance of Finance to sell the oil it was agreed to determine the last three months of the federal budget, indicating that the reason is that Iraq does not receive money selling oil directly. A member of the Committee Secretary Hadi said that «Iraq sells oil does not receive directly the money owed for the sale of oil, because the money up after more than a month, so the determination of the abundance of Finance from the sale of oil delayed to the last three months of the budget ». and the intervention of all revenues earned from the sale of Iraqi oil in the Development Fund for Iraq or any other form Another replaced after deducting 5% of compensation for Kuwait war, or any other rate determined by the Security Council and repaid to the United Nations. said Hadi that «the origin of money is to compensate the deficit in the federal budget for this year and then determine the surplus from the sale of oil». The Finance Committee Parliamentary revealed last month that the calculated abundance of the financial budget for the current year Federal will be the beginning of July next. The Iraqi Council of Representatives passed the federal budget for Iraq for 2012, which amounted to about 100.5 billion dollars last February after being voted on the $ 43 paragraphs of a paragraph. The adoption of the budget after months of discussions and disputes over its terms. Of Karbala, an Iraqi researcher discovers a device to double the power four times.
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