Iraq's new Budget to be ratified within 2 weeks

[E. 1999]

MISSAN / Aswat al-Iraq: Iraq's 2012 Federal Budget is expected to be ratified within 2 weeks from today, Thursday, a legislature for the National Alliance, led by Prime Minister, Nouri al-Maliki reported.

"The return of al-Iraqiya Alliance to attend the Parliament's sessions shall accelerate the ratification of the Federal Budget for the year 2012, after the Parliament's 2nd reading of

its draft-law," Mohammed al-Seyhoud told Aswat al-Iraq news agency, expecting that the

budget's ratification would take place within 2 weeks.

He pointed out that "the proposals by the Parliament members about the Federal Budget

have been centered on several points, including the allocation of employment in several

state institutions and the allocation of a share from Iraq's oil revenues for distribution on

the Iraqi people, taking into consideration the prevention of some Iraqi provinces from

their shares from the budget."

"The proposals also suggested the increase of allocations to build the Grand Faw Terminal

on the Gulf or the establishment of an investment ports company, to steer the construction

of the terminal, along with the allocation of one billion ( US dollars for every one million

Iraqis, according to the inhabitants percentage for each province in the budget," he said.

SKH (PT)

http://en.aswataliraq.info/(S(b4mlcv55fk2nulzidodems45))/Default1.aspx?page=article_page&id=146746&l=1

[oleman]

Nice. So do I understand that the HCL is in the new budget? and the allocation of a share from Iraq's oil revenues for distribution on

the Iraqi people,

[amhvl]

So do I understand that the HCL is in the new budget?

The HCL (our 5-year nemisis) is a separate piece of legislation that dictates how the oil revenues will be shared.

[Stryker365]

Nice. So do I understand that the HCL is in the new budget? and the allocation of a share from Iraq's oil revenues for distribution on

the Iraqi people,

You are on the right track tho....this is part of Article 140 which is distribution of oil revenue to the people and is what the Kurd's want in the implementation of Erbil and then they will have their parliament members say yes to the vote of this budget...

See the good news it is in the budget so we know they want to help their people out....

Edited February 4, 2012 by Stryker365

[SgtFuryUSCZ]

***//

A Bil USD for each million Iraqis ----

I don't do math..... Does that make them all 1-percenters now?....

Kewl!

I wanna be one, too!

[leesburg]

***//

A Bil USD for each million Iraqis ----

I don't do math..... Does that make them all 1-percenters now?....

Kewl!

I wanna be one, too!

it means for each iraqi that lives in each province the local govt will recieve 1000 dollars in revenue for local govt expenditures

[Joker017]

Come On Fella's, Gett'er Done!

[oleman]

got it thanks for the education.

[gregp]

Already posted.

[RodandStaff]

Get the budget done... one more huge step in this whole process... come on boyz... git-r-dun!!!

Good find E.1999!

GO RV Already Baby!!!

[OldSignalOfficer]

I think we heard about this 2 week timeframe early in the week. I'm okay with waiting two weeks, as long as the RV comes along with the passing of the budget.

[redsand]

I think we heard about this 2 week timeframe early in the week. I'm okay with waiting two weeks, as long as the RV comes along with the passing of the budget.

It says two weeks from Thursday. So we are a couple days within this timeframe.