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Finance Committee: surplus oil revenues would be distributed by transfers
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Date posted 05/08/2012 07:04 PM
Baghdad/follow-up to bright:-Member of the parliamentary Finance Committee that do not include Al-Haytham budget surplus part exchange supplementary oil revenues, was in agreement with Finance Minister Al-Issawi and rib power uploader, to be disbursed through reallocating across sections of the 2012 budget. He told the national Iraqi news agency yesterday: "the agreement was to set up a Commission determine the transfers in doors stipulated in the supplementary budget for distribution to most citizens. Jaburi added: "the position of the House supplementary budget response was sudden, and the Sadr camp rejected the explanation that the budget did not include the distribution of $ 25% despite the conclusion of the agreement on the redeployment of funds across budget sections, because we wanted to pass the budget in principle most. He noted that: "the financial surplus distribution amounts of oil revenues will be passed by Parliament by article 23 in federal budget for 2012 which will allow the Government to exchange income surplus in the financial sections with supplementary budget most sequences.
He was Chairman of the liberal parliamentary Bahaa Al-araji block announced that its mass will not vote on the adoption of the supplementary budget for it: "will impact negatively on the paragraph relating to the allocation of a portion of the surplus oil imports to most Iraqi people.
Al-araji said in a press release: "the Liberal block will not vote to approve the supplementary budget submitted by the Government to the Chamber of Deputies, because it will have a negative impact, but cancelled the paragraph akrinaha the distribution of 25% of the surplus oil imports to most Iraqi people. Cabinet approved on 3 July last, the supplementary budget for the year 2012, more than ten trillion dinars, and send it to the House.
The House is scheduled to vote on a supplementary budget in principle last Wednesday were a response to the parliamentary Finance Committee to make adjustments to it.
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Views 13
Date posted 05/08/2012 07:04 PM
Baghdad/follow-up to bright:-Member of the parliamentary Finance Committee that do not include Al-Haytham budget surplus part exchange supplementary oil revenues, was in agreement with Finance Minister Al-Issawi and rib power uploader, to be disbursed through reallocating across sections of the 2012 budget. He told the national Iraqi news agency yesterday: "the agreement was to set up a Commission determine the transfers in doors stipulated in the supplementary budget for distribution to most citizens. Jaburi added: "the position of the House supplementary budget response was sudden, and the Sadr camp rejected the explanation that the budget did not include the distribution of $ 25% despite the conclusion of the agreement on the redeployment of funds across budget sections, because we wanted to pass the budget in principle most. He noted that: "the financial surplus distribution amounts of oil revenues will be passed by Parliament by article 23 in federal budget for 2012 which will allow the Government to exchange income surplus in the financial sections with supplementary budget most sequences.
He was Chairman of the liberal parliamentary Bahaa Al-araji block announced that its mass will not vote on the adoption of the supplementary budget for it: "will impact negatively on the paragraph relating to the allocation of a portion of the surplus oil imports to most Iraqi people.
Al-araji said in a press release: "the Liberal block will not vote to approve the supplementary budget submitted by the Government to the Chamber of Deputies, because it will have a negative impact, but cancelled the paragraph akrinaha the distribution of 25% of the surplus oil imports to most Iraqi people. Cabinet approved on 3 July last, the supplementary budget for the year 2012, more than ten trillion dinars, and send it to the House.
The House is scheduled to vote on a supplementary budget in principle last Wednesday were a response to the parliamentary Finance Committee to make adjustments to it.
[You must be registered and logged in to see this link.]
