Parliamentary Committee to reconsider licensing rounds



The parliamentary Finance Committee formed subcommittees of its members to rethink some things, most notably financial research in oil and non-oil revenues in contracts for licensing rounds. Member of the Finance Committee, Hussam retributive explained that the Subcommittee formed Finance Committee means search all oil and non-oil revenues. Kumar said at SMC» morning»: that there is seriousness of the Committee to carry out its duty to bring the budget result in new revenue whether oil revenues including oil extraction, refining and export or non-oil revenues of ministries and other institutions, noting that the Finance Committee is determined to find out all the income in all ministries and independent bodies. And between the Liberal bloc mp that there are many mysteries will appear after revenue collection in all health institutions, educational, social service, and explained that there are taxes and fees should be reviewed in order to identify and support the budget. Referring to a punitive formed headed by Haitham al-Jabouri to revisit the licensing round for foreign companies in Iraq. the penitentiary said:» after falling oil prices found that the amount be paid as investment companies and oil extraction is the same amounts obtained from the export of oil, so it has to be Stand on those tours, revealing some foreign companies in Basra to review and modify contracts».

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