Planning announces the postponement of the launch of the 2012 budget

On: Friday 3/9/2012 7:41

 Baghdad / range
announced that the Ministry of Planning and Development Cooperation of Iraq, Thursday to postpone the launch of the budget in 2012 to until the end of the outstanding problems upon between the Council of Ministers and House of Representatives.
said Planning Minister Ali Shukri, told the Kurdish news agency (Rn) that "the budget in 2012 that was planned for launch with the beginning of March this was postponed until the end of the outstanding problems upon between the Minister and the House of Representatives. "

The Ministry of Planning has said earlier that the 2012 budget will be discussed at the Council of Ministers of the new reduced payment on credit of $ 27 billion to $ 18 billion. The Iraqi government announced that it had decided to go to the Federal Court to resolve the paragraphs of the budget that is not the prerogative of the House of Representatives to make changes on it. He added thanks to "The Ministry of Planning does not have any impediment technician in the launch of the budget in 2012 as planned, for local governments and provinces in order to accelerate the implementation of plans drawn of projects for the current year."
and Article 62 of the Iraqi Constitution, "The Cabinet presents the budget bill and final accounts to the Parliament for approval, while the second paragraph of the same article that "the House of Representatives may conduct transfers between the sections and chapters of the general budget and reduce the total amounts and, where necessary, propose to the Cabinet to increase the total amount of expenditures."
The Iraqi Council of Representatives may approved during its meeting held on February 23 on the balance of 2012, which amounted to 117 trillion Iraqi dinars, equivalent to about 100 billion U.S. dollars.
and the Federal Government announced, last Tuesday that it will be amendments to the items added by the House of Representatives on the budget in 2012 to be consistent with legal and constitutional contexts.