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Attributed to the Finance Committee in the House of representatives no supplementary budget this year to a real budget deficit because of the lack of imports of crude oil sales for the first six months of this year.
With the postponement of deletion outweigh zeros from currency to the next parliamentary session, revealed indicators of recovery of the dinar value more from this Parliament approved in March the country's fiscal balance this year worth 118 billion dollars, the largest in the history of Iraq. The Finance Committee had predicted in June that the Government provide a supplementary budget for the current year value of $ 14 billion. The supplementary budget is defined as the additional budget prepared after six months of the year to adjust the additional expenditures and the additional revenue. the parliamentary Finance Committee Chairman Haidar Al-Abbadi stressed that "supplementary budget has not and will not reach the House this year because of a shortfall in the budget," said Abadi that according to the expectations of the Government, there would be a supplementary budget will be cancelled this year due to theLow selling crude oil imports for the first six months of the year, contrary to expectations, the estimates reflected on the supplementary budget, which is known to be based on the budget surplus for the first half of the year. The Government's supplementary budget last year of $ 10 billion, but the Parliament rejected the amounts were rounded to balance current year. Chairman of the Finance Committee, denied the existence of any signs of the collapse of Iraqi dinar exchange rates, believing that Iraqi dinar remains strong for inflation rates. Abadi: it according to market data, there are no signs of the collapse of Iraqi dinar exchange rates, indicatingThe Iraqi dinar remains strong for inflation rates, adding that there is no incremental tnaksia inflation for some goods, excluding a slight rise in prices of some commodities in Ramadan for a short period as a result of the monopoly merchants. the Al-Abadi, the Iraqi dinar exchange rate reasonable by economists with the exception of individual days of growing demand for the dollar resulting in low exchange rate dinar. the Iraqi dinar exchange rate has seen a significant price volatility, Iraqi dinar exchange rate The US dollar about 1,300 dinars per dollar, but off Iraq from Chapter VII and to take prompt action to reduce the exchange rate is good.
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With the postponement of deletion outweigh zeros from currency to the next parliamentary session, revealed indicators of recovery of the dinar value more from this Parliament approved in March the country's fiscal balance this year worth 118 billion dollars, the largest in the history of Iraq. The Finance Committee had predicted in June that the Government provide a supplementary budget for the current year value of $ 14 billion. The supplementary budget is defined as the additional budget prepared after six months of the year to adjust the additional expenditures and the additional revenue. the parliamentary Finance Committee Chairman Haidar Al-Abbadi stressed that "supplementary budget has not and will not reach the House this year because of a shortfall in the budget," said Abadi that according to the expectations of the Government, there would be a supplementary budget will be cancelled this year due to theLow selling crude oil imports for the first six months of the year, contrary to expectations, the estimates reflected on the supplementary budget, which is known to be based on the budget surplus for the first half of the year. The Government's supplementary budget last year of $ 10 billion, but the Parliament rejected the amounts were rounded to balance current year. Chairman of the Finance Committee, denied the existence of any signs of the collapse of Iraqi dinar exchange rates, believing that Iraqi dinar remains strong for inflation rates. Abadi: it according to market data, there are no signs of the collapse of Iraqi dinar exchange rates, indicatingThe Iraqi dinar remains strong for inflation rates, adding that there is no incremental tnaksia inflation for some goods, excluding a slight rise in prices of some commodities in Ramadan for a short period as a result of the monopoly merchants. the Al-Abadi, the Iraqi dinar exchange rate reasonable by economists with the exception of individual days of growing demand for the dollar resulting in low exchange rate dinar. the Iraqi dinar exchange rate has seen a significant price volatility, Iraqi dinar exchange rate The US dollar about 1,300 dinars per dollar, but off Iraq from Chapter VII and to take prompt action to reduce the exchange rate is good.
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