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Parliamentary Finance Committee calls not to delay the ratification of the budget year 2012
Friday, 05 August / August 2011 08:35
BAGHDAD - The immortality of the structure: stressed member of the Finance Committee in the House of Representatives on the need for the political blocs are discussing and reading the draft budget for 2012, and not to delay the vote out, as happened with the budgets of the past years, pointing out that its study this subject from now until the arrival of a draft budget it.
Member of the Knesset Finance from the Kurdistan Alliance Najiba Najib told a reporter and news agency the future "with" Today, I emphasized the "willingness of its Committee to discuss the budget next year, and it is preparing to discuss the draft budget for 2012, although it did not send to the Commission so far, calling for political blocs to Baltoukitat commitment of the budget legislation and approved according to an Iraqi constitution in this regard. "
The answer to "that one of the pillars of the state is to speed up the ratification of the budget, the fact that the delay in ratification, such as what happened with the budget year 2011, will lead to a lack of implementation of investment projects, delaying the arrival and release funds to the provinces, especially that the country needs to launch allocations for provincial reconstruction and infrastructure of the State of Iraq. "
The House voted on the twentieth of February, the draft general budget for 2011 after more than two months of debate, Parliament passed the most votes of the attendees (240 deputies) At the thirty-sixth legislative term the first of its current session at seven and a half of the name on Sunday, February 20 , the general federal budget for 2011 of $ 82.6 billion dollars. "
And drew member of the Finance Committee that "the Finance Committee calls for the need that is not later than the vote on ratification on 31 \ 12 \ 2011, a constitutional history, legal and valid in all countries of the world, pointing out that each year delayed the vote on Iraq's budget of the Federal The reason is the political differences of the blocks of parliamentary and non-arrival of the budget bill to parliament in early. "
She "Everyone knows that the delay in the ratification of Iraq's budget public has many negative effects, and lead to slowing down and the delay in the implementation of important projects, so they have to be approved on the budget next year, according to exist in the Constitution and Iraqi law and international systems in place when voting on public budgets of the States. "
The estimated revenue budget for the year 2011 in the amount of (80,934,790,500) one thousand dinars (namely eighty thousand, nine hundred and thirty-four billion, seven hundred and ninety million five hundred thousand dinars), while expenditures are estimated amount of $ (96,662,766,700) one thousand dinars (Ninety-six thousand, six hundred and sixty-two billion, seven hundred and sixty-six million seven hundred thousand dinars), has been allocated for operating expenses the amount of $ (66596473827) thousand dinars (sixty-six thousand five hundred and Ninety-six billion four hundred and seventy-three million eight hundred and twenty-seven thousand dinars) included (14,072,645,224) one thousand dinars (fourteen thousand and seventy-two billion, six hundred and forty-five million two hundred and twenty-four thousand dinars) <The total planned deficit for the federal public budget for fiscal year 2011 (15727976200) thousand dinars (fifteen thousand seven hundred and twenty-seven billion, nine hundred and seventy-six million two hundred thousand dinars) and cover the shortfall of cash retained from the Federal budget for the year 2010 and internal and external borrowing and the rate of savings is expected to increase selling prices or increase oil production.
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Friday, 05 August / August 2011 08:35
BAGHDAD - The immortality of the structure: stressed member of the Finance Committee in the House of Representatives on the need for the political blocs are discussing and reading the draft budget for 2012, and not to delay the vote out, as happened with the budgets of the past years, pointing out that its study this subject from now until the arrival of a draft budget it.
Member of the Knesset Finance from the Kurdistan Alliance Najiba Najib told a reporter and news agency the future "with" Today, I emphasized the "willingness of its Committee to discuss the budget next year, and it is preparing to discuss the draft budget for 2012, although it did not send to the Commission so far, calling for political blocs to Baltoukitat commitment of the budget legislation and approved according to an Iraqi constitution in this regard. "
The answer to "that one of the pillars of the state is to speed up the ratification of the budget, the fact that the delay in ratification, such as what happened with the budget year 2011, will lead to a lack of implementation of investment projects, delaying the arrival and release funds to the provinces, especially that the country needs to launch allocations for provincial reconstruction and infrastructure of the State of Iraq. "
The House voted on the twentieth of February, the draft general budget for 2011 after more than two months of debate, Parliament passed the most votes of the attendees (240 deputies) At the thirty-sixth legislative term the first of its current session at seven and a half of the name on Sunday, February 20 , the general federal budget for 2011 of $ 82.6 billion dollars. "
And drew member of the Finance Committee that "the Finance Committee calls for the need that is not later than the vote on ratification on 31 \ 12 \ 2011, a constitutional history, legal and valid in all countries of the world, pointing out that each year delayed the vote on Iraq's budget of the Federal The reason is the political differences of the blocks of parliamentary and non-arrival of the budget bill to parliament in early. "
She "Everyone knows that the delay in the ratification of Iraq's budget public has many negative effects, and lead to slowing down and the delay in the implementation of important projects, so they have to be approved on the budget next year, according to exist in the Constitution and Iraqi law and international systems in place when voting on public budgets of the States. "
The estimated revenue budget for the year 2011 in the amount of (80,934,790,500) one thousand dinars (namely eighty thousand, nine hundred and thirty-four billion, seven hundred and ninety million five hundred thousand dinars), while expenditures are estimated amount of $ (96,662,766,700) one thousand dinars (Ninety-six thousand, six hundred and sixty-two billion, seven hundred and sixty-six million seven hundred thousand dinars), has been allocated for operating expenses the amount of $ (66596473827) thousand dinars (sixty-six thousand five hundred and Ninety-six billion four hundred and seventy-three million eight hundred and twenty-seven thousand dinars) included (14,072,645,224) one thousand dinars (fourteen thousand and seventy-two billion, six hundred and forty-five million two hundred and twenty-four thousand dinars) <The total planned deficit for the federal public budget for fiscal year 2011 (15727976200) thousand dinars (fifteen thousand seven hundred and twenty-seven billion, nine hundred and seventy-six million two hundred thousand dinars) and cover the shortfall of cash retained from the Federal budget for the year 2010 and internal and external borrowing and the rate of savings is expected to increase selling prices or increase oil production.
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