Parliamentary Finance: 2016 budget will reach the parliament in the coming days after
Parliamentary Finance: 2016 budget will reach the parliament in the coming days after the completion of amendments
10/17/2015 0 Comments
He favored the parliamentary finance committee member Rustam Masood Haider, Saturday, the arrival of the budget bill for next year in 2016 to the House of Representatives in the coming days. He said Rustam's / scales News / The "through unofficial information that reached to the Finance Committee and through the cabinet's remarks show that the draft federal budget law for next year 2016 will reach the House of Representatives in the coming days."
The member of the parliamentary finance committee that "the budget bill if it were delayed for this week's Council of Ministers will probably send the current end of October the first month to the House of Representatives until the completion of amendments to it, in line with the current economic situation is stable." Rustam and pointed out that "the financial and public debt management law stipulates that the tenth of the month of October is the day the deadline for submitting the budget bill."
It is said that "the parliamentary finance committee member Abdul Qader Mohammed revealed, L / scales News / earlier, the government did not take the solutions put forward by the committee to bridge the fiscal deficit for 2015", as he emphasized that "the most prominent solutions to meet next year's budget deficit in 2016 Agriculture is ".
The "Rustam likely, the financial budget for the next return in 2016 to the Ministry of Finance to review some of the paragraphs."
The parliamentary Finance Committee member Jabbar Abdul Khaliq "The federal budget for next year 2016 include the lack of functional degrees over the next year," noting that "there are 10 thousand degrees and careers of the Ministry of Defense as well as the existence of other job grades for higher education only Judicial Institute."
This, "said the parliamentary finance committee member Sarhan Ahmed Sarhan's / scales News /, earlier, that the budget in 2016 without functional allocations because there are economic and financial crisis as a result of the deterioration of oil prices, which led to the collapse of Iraq's economy, noting that there are functional scores include The defense and interior ministries only. "
The economic expert Abdul Hassan al-Shammari, having to cover the deficit in the public budget solutions without external borrowing, indicating that Iraq needs to run the wheel of agricultural and industrial productivity.
And saw oil minister Adel Abdul Mahdi, L / scales News / earlier, that the proposed budget is able to cover operating expenses calculates the oil on the basis of $ 45 a barrel 3.6 card million barrels per day of exports, which will provide, about 70 trillion dinars will be added to it about 14 trillion dinars from taxes and other resources which makes it almost certain resources up 84 trillion dinars.
He stressed "the parliamentary finance committee rapporteur Ahmed Haji, L / scales News /, earlier, that the federal budget for 2016 dedicated to the payment of all employees' salaries without any projects for investment," noting that "the budget amounted to 113 trillion dinars allocated including 83 trillion operating budget ".