The government is preparing for a "supplementary budget" after the recovery of oil prices



Journal News June 5, 2017


Baghdad - Journal News

The Committee "money" parliamentary on Monday, the numbers of a supplementary budget to provide the budget of 2017 to fill the deficit and cover salaries and projects.

"A supplementary budget prepared by the government will be sent to the parliament during the coming period with the recovery of oil prices in the world markets," said member of the committee, Finance Hossam al-Aqabi said in a statement to the «Journal News» that "come to fill the shortfall in salaries and compensation of victims of terrorism and other Other projects ".

He pointed out that "some of the state departments suffer from lack of liquidity, including the institution of martyrs and compensation services and the Pension Authority and must provide these institutions sufficient budget to cover the expenses."

Al-Aqabi ruled that "the increase in the salaries of retirees and the development of investment projects."

The Iraqi Council of Representatives voted on the general budget of the country on the Financial Budget Law of 2017 on December 7, 2016.

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