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Planning: 69% of the 2013 operating budget
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Leila Ahmed
10/12/2012
Revealed by the Ministry of Planning and development cooperation that the state budget proposed for next year of $ 113 billion, 69 percent of them operational.
The ministry said in a statement that the budget was prepared on the basis of the price of a barrel of oil of $ 85 according to the recommendations of the International Monetary Fund by exporting 2.6 million barrels per day, noting that the share of the Kurdistan region of the budget is 17 percent, deducted amounts sovereign and other expenses, including the ration card and others.
Like the previous years, the operating budget much larger than the investment budget, which faced objection by a committee of economy and investment in the Iraqi Council of Representatives, as confirmed its member state law Abdul Abbas Hammoud said the Committee had previously recommended the ministries of planning and finance that any increase in resources should go to the investment side to take advantage of it in the field of development.
Hammoud said that aside from the increases, which will take place in the resources will go to the poorer segments of society.
And invited Member of the Finance Committee from the Kurdistan Alliance Najiba Najib have to accelerate the government to ratify the budget and forwarded to the House of Representatives for approval in early, confirming that the Finance Committee called on the government also to put pressure on operating expenses for the investment, as well as send the final accounts for adoption when discussing budget, noting that the figures mentioned in the budget are subject to change and amendment by the Council of Ministers before they reach the House of Representatives for discussion.
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Share:
THE SIZE OF TEXT CHARACTERS- +
Leila Ahmed
10/12/2012
Revealed by the Ministry of Planning and development cooperation that the state budget proposed for next year of $ 113 billion, 69 percent of them operational.
The ministry said in a statement that the budget was prepared on the basis of the price of a barrel of oil of $ 85 according to the recommendations of the International Monetary Fund by exporting 2.6 million barrels per day, noting that the share of the Kurdistan region of the budget is 17 percent, deducted amounts sovereign and other expenses, including the ration card and others.
Like the previous years, the operating budget much larger than the investment budget, which faced objection by a committee of economy and investment in the Iraqi Council of Representatives, as confirmed its member state law Abdul Abbas Hammoud said the Committee had previously recommended the ministries of planning and finance that any increase in resources should go to the investment side to take advantage of it in the field of development.
Hammoud said that aside from the increases, which will take place in the resources will go to the poorer segments of society.
And invited Member of the Finance Committee from the Kurdistan Alliance Najiba Najib have to accelerate the government to ratify the budget and forwarded to the House of Representatives for approval in early, confirming that the Finance Committee called on the government also to put pressure on operating expenses for the investment, as well as send the final accounts for adoption when discussing budget, noting that the figures mentioned in the budget are subject to change and amendment by the Council of Ministers before they reach the House of Representatives for discussion.
[You must be registered and logged in to see this link.]
