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Parliamentary Finance: approximately trillion dinars value of the remaining deficit in the budget of 2012
25/07/2012 08:22
BAGHDAD / Center Brief for the Iraqi Media Network - The Finance Committee of the House of Representatives that the value of the fiscal deficit remaining from the current year budget 2012 nearly trillion dinars after covering most of the budget deficit supplements. said committee member Najiba Najib's (Center Brief for the Iraqi Media Network) that "what nearly trillion dinars is the deficit remaining from the budget in 2012 to until now, after obtaining the differences money from oil sales during the first six months of the year. " added Najib that "the supplementary budget approved by the government are the sums of the differences between the oil from the date of the first January to 31 June last, "indicating that he" could cover the shortfall remaining if the increased oil exports and prices of the sale of oil. " The Cabinet has approved the third of this month on the supplementary budget of $ 10 trillion and 875 billion dinars to be sent later to the House of Representatives for approval. as approved by the Council in February last budget year 2012 of $ 100 billion dollars (about 117 trillion Iraqi dinars) and a deficit of up to $ 13.5 billion (about 17 trillion dinars). and The House of Representatives expressed concern that affected the budget the state negatively, down oil prices in the market, the knowledgeable and the inability to access to the roof of the oil export scheme in the budget and $ 2.6 million b / l.
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