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MP: 2012 budget law draft 90% completed

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MP: 2012 budget law draft 90% completed

Wednesday, 22 February 2012 07:32 |

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Baghdad (AIN) -MP Haitham al-Jubouri, member of the parliamentary financial committee, expected that the parliament will approve the 2012 budget law draft tomorrow (Thursday).

MP Jubouri, said to All Iraq News Agency (AIN) Wednesday that “We expect that parliament will approve the 2012 budget law draft without obstacles.”

He added that “The committee has completed approximately 90% of the budget bill after obtaining consensus on most of the paragraphs within the committee members, which is comprised of various blocs."

He also added "The commission will demand that parliament to ask the government to implement all various paragraphs stated in the financial budget."

Parliament finished the second reading of the budget law draft during its meeting last Monday and the Speaker Nijaifi stated that next Thursday's session will be devoted to vote on the 2012 budget law draft. /End/

The Finance Committee of the Parliament at its meeting last week confirmed its demanding changes to the budget bill and make transfers to other aspects, with a focus on some of the aspects that has not been resolved until now, especially with regard to increase the salaries of retirees and expansion in degrees career for a number of ministries as well as interest in network social protection in addition to a number of important issues.

The government had approved in early last December's 2011 budget for 2012 of a total amount of [100] billion dollars, which is the largest budget in the history of Iraq and handed over to parliament for approval, but the council because of differences among the political blocs has not ratified it so far, which led to the suspension of exchange in many projects and provinces complained of the delay.


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