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Member of the parliamentary economic: Do not expect the adoption of the budget in the near future because of significant failures in the initial draft


Sara Johnson
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Member of the parliamentary economic: Do not expect the adoption of the budget in the near future because of significant failures in the initial draft of

Wednesday, February 1, 2012 18:41

[baghdad - where]

Member of the Committee ruled out the economic and investment parliamentary Qusay Gomaa said the next few days are witnessing the ratification of the budget for the current year.

Juma said in a statement to the Agency all of Iraq [where] on Wednesday that "it is not possible to see the next few days approve the budget for the current year," noting that "the presence of failures of large initial draft of the budget last of the ratification process."

"The financial allocations for the Ministry of Youth and Sports, exceeded the size of allocations for a number of service ministries and this is what we consider a big mistake," stressing that "the more the Ministry carried out [37]% of the total work during the past year."

And Fri "It has been demanding a discount 20% from the current budget and 20% from the previous year's budget to be distributed in the form of sums of money on the citizens to move the economy at home, which is happening globally," stressing that "there are plants and factories have been frozen in 1991 did not allocate have any money, and activation of these plants will create jobs for the unemployed and boost the country's economic need and filling the local market, "adding that" the amounts allocated to the Ministry of Industry is not sufficient to meet the needs of one plant to restart it. "

The government had approved in early December last budget in 2012 amounted to a total value of [100] billion dollars, the largest budget in the history of Iraq.

And distributed the financial budget for Iraq for the next year by [68] percent of the operational projects, with gold [32] to balance the investment.

The House of Representatives has completed in its sixteenth Tuesday to read the draft general budget of the country in 2012. Finished 2

http://www.alliraqnews.com/index.php?option=com_content&view=article&id=26446:2012-02-01-15-11-49&catid=37:2011-04-08-17-25-57&Itemid=56

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