2012 budget will take account of increase of pensions and employment

21/01/2012 | (Voice of Iraq) - Add comments - Sumerian News / Baghdad confirmed the Parliamentary Finance Committee, on Saturday, they will take into account in the budget year 2012 to increase pensions and the provision of employment opportunities through increased government employment and covered by a network of social welfare, as indicated that the budget will amount to 117 trillion Iraqi dinars. Committee Chairman Haider al-Abadi said in an interview for "Alsumaria News", "The Finance Committee will take into account three things in the current budget for the current year 2012, increase the salaries of retirees, and increase employment opportunities through government employment, as well as increase covered by a network of social welfare, "adding that" the financial allocations for this will be through transfers between sections of the exchange without affecting the state and provide services. " and added Abbadi that "the Finance Committee's parliamentary seeks to close the debate on the budget for the current year and presented to the Parliament end of this week, "noting that" the budget allocations this year will amount to 117 trillion Iraqi dinars. " declared the General Secretariat of the Council of Ministers (5 December 2011), the Council voted on the draft budget in 2012, worth $ 100 billion. The Finance Minister Rafie al-Issawi said on 8 December 2011, the balance of 2012 will not see any increase on the salaries of employees or retirees, pointing out that the issue of increases on salaries is the most important files objectionable International Monetary Fund. The House voted on the budget for 2011 amounting to about 93 trillion dinars a deficit of 14 trillion dinars, while the operating expenses 64 trillion dinars and expenditures of investment 29 trillion dinars, based on the rate of 76.5 dollars per barrel of oil at a rate of 2.0002 million barrels a day, including 100 thousand barrels of the Kurdistan region. The speaker of the House of Representatives Osama Najafi, on November 28, 2011, the need to expedite the completion of the annual budget for the year 2012 during a short period, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund that works to reduce and minimize the recurrent budget in the budget for Iraq in 2012. The that the Iraqi Ministry of Planning announced (22 September 2011), that the financial budget for the year 2012, will be between $ 112 and $ 120 billion, confirming that 35 percent of which were allocated to the budget of the investment, while the balance of 2011 the current 81.9 billion dollars deficit of $ 13.3 billion.

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