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Budget surplus to be distributed on citizens
Saturday, 09 March 2013 21:57 | | |
Baghdad (AIN) –Member of the Economic Parliamentary Committee, Abdul Hussein Reysan, confirmed that ''About 25% of the 2013 budget surplus will be distributed for citizens in cash.''
He reported in statement to AIN ''The Federal Government and the Parliament have different points of view over the mechanism of distributing the cash on citizens during last year.''
''The Government intended to expand the deficit on budget to avoid distributing cash on citizens,'' he added, stressing that ''A new item was applied to 2013 budget stipulates to deliver the surplus in budget for citizens after reimbursing the deficit in budget.''
''The Ministry of Planning mentioned that it has the possibility to identify the budget surplus after reimbursing the deficit in budget from the Oil revenues within three months,'' he continued saying.
''The government is responsible of determining the mechanism of distributing the surplus in budget by adding it to the ration card or paying it through banks,'' he concluded.
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Saturday, 09 March 2013 21:57 | | |
Baghdad (AIN) –Member of the Economic Parliamentary Committee, Abdul Hussein Reysan, confirmed that ''About 25% of the 2013 budget surplus will be distributed for citizens in cash.''
He reported in statement to AIN ''The Federal Government and the Parliament have different points of view over the mechanism of distributing the cash on citizens during last year.''
''The Government intended to expand the deficit on budget to avoid distributing cash on citizens,'' he added, stressing that ''A new item was applied to 2013 budget stipulates to deliver the surplus in budget for citizens after reimbursing the deficit in budget.''
''The Ministry of Planning mentioned that it has the possibility to identify the budget surplus after reimbursing the deficit in budget from the Oil revenues within three months,'' he continued saying.
''The government is responsible of determining the mechanism of distributing the surplus in budget by adding it to the ration card or paying it through banks,'' he concluded.
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