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2014 $130 Billion Budget
02/7/2013
Increase cash reserves of the Central Bank will strengthen the stability of the dinar
BAGHDAD - morning - Shaima Rashid
I expected the Finance Committee parliamentary an increase in the general budget for the year 2014 by between 7-10 percent from the current year budget, while the Ministry of Finance announced yesterday completed its image preliminary and that it will discuss its draft this week with the ministries and independent bodies, under these projections, the budget next year will be about $ 130 billion. Come these measures in order to approve the budget next year early after witnessing the process of approving the budget, the current state-Shada and attractive between the political parties in the House of Representatives, which led to delayed approval and the impact on the projects implemented in the country. Member of the Finance Committee Abdul Hussein al-Yasiri said the "Center Brief for network Iraqi media ":" The Ministry of Finance is no longer so far the general budget for the coming year, however, they discussed the budget of the Supreme Judicial and balancing the House of Representatives to see the shenanigans that Tktnfema. "and explained that" the budget law requires that the Judicial Council to prepare its budget and sent to the House of Representatives, as The Council of Representatives, in turn, prepare a budget and send it to the government for approval before the adoption of the general budget for the existing knowledge of shenanigans, especially with regard to conflicts of figures ".
For its part, the Ministry of Finance announced yesterday that it will be discussed this week with the ministries and independent bodies draft budget for 2014, confirming that it completed its initial image. Said Undersecretary Fadel prophet told the "Center Brief for the Iraqi Media Network:" The ministry has completed the initial select the image for the next budget year 2014, explaining that he "would be discussed with the concerned ministries next week." The House of Representatives has asked the Ministry of Finance earlier in the completion of development of the financial budget for the year 2014 and presented to the Council in the month of August next for discussion and approval. To it confirmed the decision of the Committee of Economy and Investment parliamentary deputy Mahma Khalil, that the increase in reserves Central Bank of hard currency will enhance the stability of the Iraqi dinar and develop the national economy. Khalil said in a press statement: that the increase in foreign exchange reserves of the Central Bank for more than 80 billion dollars, which means that every Iraqi dinars located inside or outside Iraq covered two dollars and a half dollar, because the size of the blocks cash of the Iraqi currency has (33 ) trillion dinars., adding that this increase will strengthen the stability of the exchange rate of the Iraqi dinar against the U.S. dollar and the international currency because it would be a safe haven for him, well that will enhance national economic growth. was the Iraqi Central Bank has announced to increase its reserve cash in hard currency to more than (80) billion dollars.
[طباعة]
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02/7/2013
Increase cash reserves of the Central Bank will strengthen the stability of the dinar
BAGHDAD - morning - Shaima Rashid
I expected the Finance Committee parliamentary an increase in the general budget for the year 2014 by between 7-10 percent from the current year budget, while the Ministry of Finance announced yesterday completed its image preliminary and that it will discuss its draft this week with the ministries and independent bodies, under these projections, the budget next year will be about $ 130 billion. Come these measures in order to approve the budget next year early after witnessing the process of approving the budget, the current state-Shada and attractive between the political parties in the House of Representatives, which led to delayed approval and the impact on the projects implemented in the country. Member of the Finance Committee Abdul Hussein al-Yasiri said the "Center Brief for network Iraqi media ":" The Ministry of Finance is no longer so far the general budget for the coming year, however, they discussed the budget of the Supreme Judicial and balancing the House of Representatives to see the shenanigans that Tktnfema. "and explained that" the budget law requires that the Judicial Council to prepare its budget and sent to the House of Representatives, as The Council of Representatives, in turn, prepare a budget and send it to the government for approval before the adoption of the general budget for the existing knowledge of shenanigans, especially with regard to conflicts of figures ".
For its part, the Ministry of Finance announced yesterday that it will be discussed this week with the ministries and independent bodies draft budget for 2014, confirming that it completed its initial image. Said Undersecretary Fadel prophet told the "Center Brief for the Iraqi Media Network:" The ministry has completed the initial select the image for the next budget year 2014, explaining that he "would be discussed with the concerned ministries next week." The House of Representatives has asked the Ministry of Finance earlier in the completion of development of the financial budget for the year 2014 and presented to the Council in the month of August next for discussion and approval. To it confirmed the decision of the Committee of Economy and Investment parliamentary deputy Mahma Khalil, that the increase in reserves Central Bank of hard currency will enhance the stability of the Iraqi dinar and develop the national economy. Khalil said in a press statement: that the increase in foreign exchange reserves of the Central Bank for more than 80 billion dollars, which means that every Iraqi dinars located inside or outside Iraq covered two dollars and a half dollar, because the size of the blocks cash of the Iraqi currency has (33 ) trillion dinars., adding that this increase will strengthen the stability of the exchange rate of the Iraqi dinar against the U.S. dollar and the international currency because it would be a safe haven for him, well that will enhance national economic growth. was the Iraqi Central Bank has announced to increase its reserve cash in hard currency to more than (80) billion dollars.
[طباعة]
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