Parliamentary Finance suggest the arrival of 2016 budget to parliament within days
Parliamentary Finance suggest the arrival of 2016 budget to parliament within days and emphasize: the deficit 29 trillion dinars
Long-Presse / Baghdad - He favored the parliamentary finance committee rapporteur Ahmed al-Hajj, on Wednesday, the arrival of the federal budget for 2016 to Parliament after three days, and pointed out that the deficit up to 29 trillion dinars and several "very large", as he pointed to the operating budget is 30 trillion dinars.
Haj said in an interview to the (long-Presse), "The Committee expects the arrival of 2016 budget to parliament on the tenth of October next," noting that "the budget deficit up to 29 trillion dinars, which is very large by international standards, which require that the deficit it does not exceed 15%."
Haj said that "the price of a barrel in the budget proved to 45 dollars and the Committee supports this price even though it was a wish for less than this because the five-plus-one agreement would lead to lower oil prices."
Haj pointed out that "the operating budget is 30 trillion dinars, but in practice can not take advantage of this budget deficit to reach 29 trillion."
The Iraqi cabinet on Tuesday approved several proposals on the contested material in the financial budget for the current 2015 law, as decided to impose a tax on Land imposed under law 26 year 1962 average, stressed the need to speed up the implementation of the Standard card project in Baghdad and all governorates of Iraq.
Last edited by Doodle Brain; 10-08-2015 at 12:29 PM.