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Rule out a parliamentary vote on the supplementary budget soon
07/07/2012 2:37
BAGHDAD - Al Sabah
ruled out the Vice-President of the Finance Committee MP Ahmed Hassan Faizullah, the vote on the bill the supplementary budget in the coming days, indicating that it contains the financial surplus from oil sales and the money retained from the previous budget.
said Faizullah: The draft law on the supplementary budget was hoped to reach the House of Representatives at the end of last month, but we were surprised to delay approval of the Council of Ministers, and that is delivered to the House of Representatives during the next few days.
predicted: that takes a long time for approval (supplementary budget) by the House of Representatives because of continuing discussions and put forward proposals before the parliamentary blocs and all the hand seeks to achieve its projects and its goals.
He explained: that the supplementary budget include the difference financial achieved between the price of a barrel of oil subject in the general budget and of (85) dollars and the real price which it is sold a barrel of oil during the past six months, in addition to the money retained for the ministries and the provinces that did not happen allocations Finance fully in the budget (2011). The Federal Government announced last Tuesday for approval of the supplementary budget for 2012, the current amount up to about 11 trillion Iraqi dinars and will be delivered to the House of Representatives for approval, noting the allocation of 40 thousand degrees Instant and functional as a need within the supplementary budget. acknowledged the Iraqi government on the fifth of November / December 2012 budget 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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