k98nights Posted August 17, 2012 Report Share Posted August 17, 2012 "Kurdistan govt. will delay 2013 budget bill" 17/08/2012 12:37 ERBIL, Aug.17 (AKnews)- This year also like the previous years the Kurdistan Regional Government (KRG) will not be able to prepare the budget bill on time, i.e. October, said coordinator for the finance and economy committee at Kurdistan parliament. This is because the Kurdistan budget comes from the general budget of Iraq, said Dler Mahmoud. He added whenever the Iraqi 2013 budget is ratified then Kurdistan's share will also be indicated and KRG can better plan for its share. Mahmoud thought it'd be better for the KRG to wait for the approval of its share (of 17%) from the Iraqi budget or else any fluctuation in the share from Baghdad may require amendments to Kurdistan budget law. The MP said currently Kurdistan Ministry of Planning is estimating the investment budget for the coming year and the Ministry of Finance and Economy can also ask the other ministries to prepare their budget requests. By Rebin Hassan LL/AKnews http://aknews.com/en/aknews/2/322270/ 1 Link to comment Share on other sites More sharing options...
Butifldrm Posted August 17, 2012 Report Share Posted August 17, 2012 GM k98nights, this is very good news. Mahmoud thought it'd be better for the KRG to wait for the approval of its share (of 17%) from the Iraqi budget or else any fluctuation in the share from Baghdad may require amendments to Kurdistan budget law. They also do not have the new rate. 1 Link to comment Share on other sites More sharing options...
uncirculd Posted August 18, 2012 Report Share Posted August 18, 2012 Yeah, they can't take too long. They have to reflect the new currency. hmm, looks like they are gonna have 5 budgets this year. 1 Link to comment Share on other sites More sharing options...
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