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Oil warns of the results of parliamentary delays in investment projects budget
21/02/2013 08:04
BAGHDAD / Center Brief for the Iraqi Media Network of (IMN) - warned of the oil and energy parliamentary impact of delay in approving the budget law in the investment projects of oil and infrastructure projects that affect the lives of citizens. said committee member MP Furat al-Shara,'s (IMN) "The exploitation conditions is natural with the country now in the forefront of protests continue adding political factors under differences art in terms of budget, which led to the delay in approval. " and stressed that the draft federal budget has been completed of the technical aspects and procedural and is ready for a vote some time ago if not some additions undergone and the insistence of the Kurdistan Alliance bloc to add $ 4 billion and $ 200 million represent accruals for foreign oil companies operating in the Kurdistan region. promised Shara "political differences have deepened the differences on the budget, especially since the brothers the Kurds are seeking through the addition of this amount to a kind of compensation for deducted from the budget presidencies which they consider to reduce the prescribed percentage them out of the budget which is 17% less sovereign expenditure. " and on the impact of the delayed budget on the overall project in the country, Shara said that "the delay in approval will have an impact on the investment side, which has been designated more than 30 of the value of the budget, including oil projects and infrastructure projects of interest to the citizen class basis. " The House of Representatives has for its own passage budget several times in the time confirms parliamentary sources said differences which still exist, which means difficulty passed in the session Thursday.
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