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Parliamentary Finance: exclude the inclusion of all Iraqi families excess money from oil sales this year
Date: Sunday 09/09/2012 08:01 pm
Central and linger the process of deletion of zeros to stop the objections of economists on the project
BAGHDAD - A citizen
Male member of the Finance Committee MP Abdul-Hussein al-Yasiri, the central bank lingered cause the deletion of zeros from the Iraqi currency, the large number of economists objections to this project.
Yasiri said Sunday, "The deadline for the deletion of zeros from the Iraqi currency was agreed upon at the beginning (2013), except that the central bank declined to process an unknown time because of objections by some economists of a possible collapse in the national currency."
The Yasiri "to stop the media campaign regarding the removal of zeros to make the central bank to take the position of silence about the process, calling for the federal government and the Ministry of Finance and the Central Bank to take a final position of the process of deletion of zeros and determine given time to replace the currency to reduce fraud that has spread significantly." Stressing to "the deletion of zeros from the currency will reduce the money supply and prevent Iraq from a country with a density and mass of large cash transactions in the market to block more and smaller credit Hjamaulatujd official data estimated dues per family of surplus oil revenues"
On the other hand ruled out a member of the Finance Committee deputy secretary Hadi Abbas, the inclusion of all Iraqi families excess money from oil sales this year, stressing the lack of reliable official data to estimate the exact amount per family.
Abbas said Guy press statement yesterday that "Article (23) of the general budget confirmed that the surplus funds from oil sales for the current year is collected in a fund and pay off some of the deficit made in the general budget and the remaining amount (25%) than to be distributed to the people."
Abbas said "We can not cover all citizens this grant because money earned is not great, but will be included in part of the government program to reduce poverty rates in Iraq, where they will be limited to poor families Odhu limited income, indicating that the expectations of the Ministry of Planning, the project will include all citizens and one family will be awarded the sum of ( 400 to 500) dollars disregards to precision and clarity to that there was no have official data confirms that. "saying" that the draft distribution (25%) of the fiscal surplus will be applied in this year only because he needed the enactment of its own in the House of Representatives entitled by the government in order to benefit from poor families with limited incomes. "
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Date: Sunday 09/09/2012 08:01 pm
Central and linger the process of deletion of zeros to stop the objections of economists on the project
BAGHDAD - A citizen
Male member of the Finance Committee MP Abdul-Hussein al-Yasiri, the central bank lingered cause the deletion of zeros from the Iraqi currency, the large number of economists objections to this project.
Yasiri said Sunday, "The deadline for the deletion of zeros from the Iraqi currency was agreed upon at the beginning (2013), except that the central bank declined to process an unknown time because of objections by some economists of a possible collapse in the national currency."
The Yasiri "to stop the media campaign regarding the removal of zeros to make the central bank to take the position of silence about the process, calling for the federal government and the Ministry of Finance and the Central Bank to take a final position of the process of deletion of zeros and determine given time to replace the currency to reduce fraud that has spread significantly." Stressing to "the deletion of zeros from the currency will reduce the money supply and prevent Iraq from a country with a density and mass of large cash transactions in the market to block more and smaller credit Hjamaulatujd official data estimated dues per family of surplus oil revenues"
On the other hand ruled out a member of the Finance Committee deputy secretary Hadi Abbas, the inclusion of all Iraqi families excess money from oil sales this year, stressing the lack of reliable official data to estimate the exact amount per family.
Abbas said Guy press statement yesterday that "Article (23) of the general budget confirmed that the surplus funds from oil sales for the current year is collected in a fund and pay off some of the deficit made in the general budget and the remaining amount (25%) than to be distributed to the people."
Abbas said "We can not cover all citizens this grant because money earned is not great, but will be included in part of the government program to reduce poverty rates in Iraq, where they will be limited to poor families Odhu limited income, indicating that the expectations of the Ministry of Planning, the project will include all citizens and one family will be awarded the sum of ( 400 to 500) dollars disregards to precision and clarity to that there was no have official data confirms that. "saying" that the draft distribution (25%) of the fiscal surplus will be applied in this year only because he needed the enactment of its own in the House of Representatives entitled by the government in order to benefit from poor families with limited incomes. "
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