Parliament postpone the vote on the budget, tomorrow to discuss the non-completion of some of the controversial paragraphs

Sunday, February 19, 2012 17:02

{Baghdad} Euphrates News Sources confirmed the postponement of parliamentary vote on the budget scheduled to be included tomorrow to another date due to incomplete discuss some of the controversial paragraphs in the budget.

The sources said that the Euphrates News Agency {} that "the agenda tomorrow will not be a vote on the budget despite the end of its second reading and to identify House Speaker Osama al-tomorrow date for the vote."

"The First Deputy Chairman of the House of Representatives Qusay al-Suhail held a meeting today with the committees on the budget of Finance and is the legal, economic, financial and oil and gas and the atmosphere was positive to resolve most of the sticking points and of cancellation of paragraph 25 of the budget, which called to cancel a number of deputies, which allows the Finance Minister to cancel the advances since the in 2004 and until 2011 in addition to put strict conditions for the payment term investment and that the state institutions to send accounts each month to the House of Representatives to audit and other topics that were feared some of the blocks in the budget. "

The sources said that "the Finance Committee with some amendments to the budget it needs to more than a week to finish them."

And those sources indicated that most of the differences and problems are being solved in order to speed up is to vote on the financial budget.

The head of the House of Representatives Osama Najafi said that the council will vote Monday on the financial budget.

The Information Office of the First Deputy President of the Council Qusai al-Suhail said in a statement after a meeting of Suhail with the committees that the "conferees agreed on the abolition of Article 25 of the financial budget and placed strict controls for projects where the payment on credit and the addition of a paragraph in the budget, related to audit the accounts of state institutions by the House and on a monthly basis and that the instructions are sent after the budget vote them to the provinces during the week. "

He said that "the meeting which was also agreed to prevent the granting of advances by the government without the approval of the House of Representatives with two options to put the financial savings the first to find a schedule of priorities according to the guidelines and the second supplementary budget will be."

The statement continued, "It was also agreed that the drafting of the amendments by the Legal Committee."

The Iraqi government approved on 5 December last budget year 2012 amounting to $ 100 billion in about 117 trillion Iraqi dinars and a deficit of up to $ 13.5 billion {17 trillion dinars}.

The percentage of funds allocated for investment projects in the budget, 35%, while the rest of the acquired operating budget, particularly on the remaining ones.

The Government has adopted the Iraqi oil price of $ 85 basis, and expect, through differences in the price of oil, to cover more than $ 10 billion deficit. Ended