Parliamentary Finance: Without prejudice to the expenses of 2016 budget 10/2/2015
Parliamentary Finance: Without prejudice to the expenses of 2016 budget
BAGHDAD / Obelisk: the parliamentary finance committee confirmed Friday that the fiscal deficit to the draft budget law for fiscal 2016 "is contrary to international standards", among the prime minister Haider al-Abadi told the Committee that the possibility of prejudice to the expenses of the budget.
The decision of the Committee MP Ahmad Haji Rashid in an interview with local media and pursued "obelisk", he was "supposed to reach the financial budget for 2016 to the House of Representatives on the tenth of the month of October of this," explaining that "the budget where imaginary numbers and the proportion of the deficit reached where to 29 trillion Iraqi dinars. "
He said Rashid, that "this is a big gap and violates international financial norms that the deficit does not exceed 15%, but the budget of 2016 exceeded 28%."
He said Rashid, that "the powers of the parliamentary finance committee is to reduce expenses and transfers between the doors, but the prime Alorza told us not to touch it, and told us that the government lowered them to the fullest extent possible."
The Economic Adviser to the Prime Minister Haider al-Abadi, Monday (September 28 2015) that the State's strategic direction towards the private sector, as he pointed to the 2016 budget designed to borrow a little too much debt and filling.
The Ministry of Finance announced that, in (15 September 2015) for submission draft 2016 budget law to the cabinet, while confirming the importance of transparency and compliance with legal and constitutional Baltoukitat time in approval, she pointed out that the drafting of the budget was based on the reduction of public expenditure and the fight against waste and waste in state revenues and diversify sources of national income in the country.