Parliament added 16 articles of the budget and the share of Kurdistan, "make their" state of law row

Author: HH
Editor: BK, HH
12/17/2015 10:58
Number of Views: 456

Long-Presse / Baghdad
Parliament approved by an absolute majority, on Wednesday, the draft federal budget law for next year 2016, which amounted to 105 trillion dinars and a deficit up to 24 trillion dinars, the adoption of the price of a barrel of oil to 45 dollars.

The session witnessed verbal altercations between the Kurdistan Alliance and a coalition of state law, which objected to the share of the Kurdistan region, but the parliament, "the resolution of the dispute" vote to pass the region's share amounting to 17 percent, unchanged.

Federal budget law has delegated, in some of its provisions, the Prime Minister, and the Ministers of Finance and oil, to withdraw treasury bonds worth $ 12 billion, to pay off the debts of the world's oil companies, subject to approval by the House of Representatives.

He says a member of the Parliamentary Finance Committee, Sarhan Slevana, in an interview to the newspaper (range), "The deputies of the coalition of state law, have made a request to the Presidency of the Council of Representatives, signed by 113 members, to reduce the Kurdistan region budget to 13 percent, but the proposal did not pass In the voting session, with the adoption rate of 17 percent approved, a counterbalance to the region. "

Slevana and added, "The House of Representatives voted on the grounds of the Peshmerga part of the federal system and given percentage of the Ground Forces Command's budget," and points out that Parliament voted to adopt the former oil agreement between Erbil and Baghdad. "

Kurdish lawmaker explains, that "140 of the total 240 deputies attended the session, voted to approve the budget of the Kurdistan region," and reveals "Add the Finance Committee 16 articles of the draft federal budget law, including those related to an increase allocations popular crowd and displaced persons."
It is noteworthy member of the Finance Committee, that "the addition of these materials came after make transfers in the chapters of the budget exchange", and points out that their "three percent of employees and retirees pay deduction and transfer accounted for 1.5 percent of the popular crowd and the same for the displaced."

In turn, carry a coalition of state law, the President of the House of Representatives, Saleem al-Jubouri, the responsibility of passing the province's budget, after the postponement of its own article bearing the number nine, to the end of the session.
In parallel parliamentary vote on budget items, cafeteria Parliament witnessed a heated mobility between deputies of the Kurdistan Alliance and other blocs, aimed at resolving the differences to pass the budget of the region, as it is without reducing.
This was offset by a whirlwind meetings conducted by a coalition of state law, to support the proposal reduce the share of the region and submit it to the presidency of the parliament.

Suggest MP Huda carpets, in a statement to the newspaper (range), that there "was the night before the vote, the heads of political blocs to pass the budget, including the region's share political agreement", and found that "a large part of a coalition of state law was with the vote to keep share the Kurdistan region as it is. "

It has drawn the parliamentary bloc of state law, "harsh criticism" of the President of the House of Representatives, after announcing the end of the session.
And it saw the press center of the Parliament, a verbal argument between Congress coalition of state law, and the Chairman of the Finance Committee, who was speaking at a news conference.

In turn, says MP Zaher al-Abadi, said in an interview to the (range), "The year's budget was adopted in 2016 as the rate of $ 45 for the sale of a barrel of oil," and adds that "the budget deficit up to 24 trillion dinars."

Sees committee member parliamentary power, that "the continued decline in oil prices to less than $ 40 will raise the budget deficit to 40 trillion dinars," it continues that "the budget provides for the export of three million and 600 thousand barrels per day, of which three million and 50 thousand barrels of central and southern fields, and the rest of Kirkuk, 300 thousand, and the Kurdistan region of 250 thousand. "

The 2016 budget included a provision authorizing the Oil Ministry, in agreement with the Prime Minister and the Finance Ministry, the withdrawal of treasury bonds of up to $ 12 billion, to meet the debt of foreign oil companies, subject to the approval of the House of Representatives, according to Abadi.
It goes MP for the province of Basra, that "the oil companies will pay the dues in installments every three months, to be paid on the fourth installment in March of 2017".

The Iraqi Council of Representatives, approved by an absolute majority, during its meeting of the 45th of the first legislative term of the second legislative year, which was held on Wednesday, under the chairmanship of its President Saleem al-Jubouri and the presence of 242 deputies, the budget in the next 2016 by 105 trillion and 800 billion dinars, the share of the Kurdistan region of which 17 percent, despite the claim of a coalition of law reduced to 13 percent.
The Iraqi Council of Ministers, approved, in (18 October 2015), the financial budget for the coming year 2016, B113 trillion Iraqi dinars and a deficit of 30 trillion dinars.