Tuesday 13 March 2012

Planning intends to discuss with the Parliament and the financial mechanism of the distribution amounts of oil on the citizens

BAGHDAD - and babysit - Minister of Planning and Development Cooperation Ali Shukri said the ministry would consider in the coming days with the House of Representatives and the Ministry of Finance of the mechanism of the distribution ratio / 25% / surplus of oil imports on the citizens.

He said in a press statement: "The distribution of the amounts in the first year will not be as great, because there is supplemental budget, and the annual deficit of / / 4 trillion dinars."

Shukri said that: "It's not important that the citizen gets a lot of money on the share of oil, but it is important to assure that he actually got his share."

He said: "Every new experience facing fears in the beginning. The most important obstacle has been overcome the approval of the distribution of amounts of oil on the citizen of the current year budget and the mechanism remained to be distributed in it."

The House of Representatives voted earlier to allocate 25% of the surplus oil revenues are distributed to the Iraqi people within the budget of 2012 ... p / i