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Revealed the parliamentary finance committee, said on Monday that the Iraqi government "$ 4.5 billion" in the Development Fund for Iraq, DFI, noting that it "is able" to cover the salaries of the staff of the Iraqi state, stressing that "there is no fear on salaries for the existence of a financial surplus of simple Iraqi oil sales. "
The head of the Finance Committee, Haider Abadi, in an interview with (long-Presse) "by reading the fiscal balance in the Ministry of Finance, there is no fear for the salaries of the staff of the Iraqi state," explaining that "what exists in the amounts of the Development Fund for Iraq, DFI is 4.5 billion dollars, "adding that it" enough to cover the salaries of the staff. "
Ebadi pointed out that "the expenditure of our revenues less oil and thus checks every month surplus simple," returned this as a "mistake because we do not know the future price of oil, especially with the approaching summer and reduce the demand for oil."
The parliamentary Finance Committee announced, on February 26, 2014, the assets of the Development Fund for Iraq, DFI current amounting to six billion dollars just is not enough to pay the employees' salaries for the month of March current, and suggested that the government will have to borrow from the central bank to pay employees a month in March.
The Committees of the parliamentary financial and economic, have called, in (12 February), to deal seriously with the warnings of the International Monetary Fund on increased government spending, and its implications for monetary reserves, while showed the Finance Committee that the government is "threatened with bankruptcy" within four months if did not pass the budget, saw its counterpart economic, estimates that the budget "did not take" into account the regional and global developments, and it has prepared about "hazy and unclear" and was a "mere allocations", warning of prejudice reserves, Iraq's financial hard currency.
The Iraqi Prime Minister, Nouri al-Maliki, carry on (the 19th of February 2014), the House of Representatives and the "parties seeking to thwart the formal status of" responsibility to the late adoption of the law of the financial budget for the current year of 2014, and confirmed that those parties "want the government to fail."
It is noteworthy that the Development Fund for Iraq, DFI form under UN Security Council Resolution 1483 to protect Iraqi funds from international claims and pirated after the events of the year 2003.
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