Cabinet approves 2017 budget amendment Ali Abdul Salman 17 09/28/2016
Cabinet approves 2017 budget amendment
Ali Abdul Salman 17 09/28/2016
The Cabinet approved on Tuesday the establishment of Supreme Audit audited the dues Contractors before discharge, as well as agreed to amend the draft public finance budget law for 2017
, said the Information Office of the Prime Minister in a statement news agency Buratha received a copy of it, that " the Council of Ministers held today , its regular , headed by Prime Minister Haider al - Abadi, gave Abadi briefing to the conduct of military operations and the victories achieved on Daesh terrorist gangs , "noting that" the Council of Ministers approved the establishment of the Office of financial supervision Federal audited dues Contractors before discharge from the concerned authorities. "
He added the office, that "the cabinet approved an amendment to bill the federal budget for fiscal year 2017 Act , " noting that " the price of a barrel of oil will be $ 42 and be export ceiling of 3.75 million barrels per day, and *reduce expenses to 90.224 trillion dinars, the size of the debt 5.608 trillion dinars.*"
between the office, that " the Council agreed to give the Commerce Department the exception of the contract provided for in Article methods (3) of the Implementing Regulations of government contracts (2) for the year 2014 in order to purchase a quantity of 154 thousand and 916 tons of Iraqi sugar product material by the Iraqi Federation for food Industries Co. , Ltd., covering need just two months and stocks of emergency allocated to this ministry allocations and that the failure of the Ministry of Finance fully allocated to this ministry of the federal budget and authorize the Ministry of Commerce purchase validity and sign a contract with the Iraqi company amounts to convert. "
He continued," the Council agreed to give the Commerce Department the authority to negotiate and direct contracting with the company produced / manufactured or executed contractual obligations formerly with the ministry through the Central Commission for review and approval of the assignment of the Ministry of Commerce exception of the *implementing regulations of government contracts (2) for the year 2014 and the regulations issued thereunder to purchase a quantity of 100,000 tons of sunflower oil to cover the need of three months on the basis of the monthly need of $ 34.000 tons.
he pointed out the office in his statement to "reshuffle the amount of social benefits specified by law social protection No. 11 of 2014 , based on Article 24 of the law."
the Prime Minister Haider al - Abadi announced on Tuesday (23 August 2016), for determining the price of $ 35 per barrel of oil within the financial budget for the next year in 2017, and as pointed out that his government has reconsidered some of the paragraphs of the budget, she confirmed she was suffering from a large fiscal deficit due to lack of oil imports , compared with a rise of employees and retirees salary cap. http://burathanews.com/arabic/news/301811