Parliamentary Economic announce the existence of the possibility to reduce the deficit in the federal budget

[lillymoon]

Parliamentary Economic announce the existence of the possibility to reduce the deficit in the federal budget

Tuesday 0.06 2 December / January 2015 07:23

[baghdad where]

Parliamentary Economic Commission announced, today, the existence of the possibility of a reduction in the federal budget deficit for 2015.

The committee member said Jawad al-Bolani told all of Iraq [where], that "there is a possibility to follow the budget deficit and reduced administration", adding that "deficit reduction is through the Central Bank's support for activities that help us to overcome the downturn economy," stressing the need to "provide Move the private market activities of financial institutions. "

Bolani said that "the draft budget is currently in Parliament had studied experts, academics and all those interested in the budget as one of the important topics and sensitive."

And "We are in the parliamentary Economic Committee continue to say in private to pursue the government's economic plans", pointing out that they demanded the executive authorities of the need to "encourage investment and reactivate agriculture and industry to add another non-oil financial resources to the federal budget."

The parliamentary Finance Committee, has ended a special meeting Monday to discuss the draft budget bill for fiscal year 2015, without completing its report on the budget.

Committee hosted the meeting with a delegation from the Electoral Commission and the Martyrs Foundation in order to request an increase in the budget T_khasasathma Committee will meet on Tuesday to complete its report and will host delegations from the ministries of interior and defense on the share of each ministry of the budget.

It will be recalled that the budget that the House has completed its first reading last Thursday size, [125] trillion dinars and a deficit [25] trillion dinars.

Edited January 6, 2015 by lillymoon

[lillymoon]

Magda Tamimi's / Iraq Press /: 2015 budget will not pass without reducing allocations

BAGHDAD - Iraq Press - January 6: suspected member of the Finance Committee MP, Majida al-Tamimi, the possibility of passing the general budget for the year 2015 project without allocations are subject to reduction.

She said Tamimi's / Iraq-Presse / that "the recent draft budget price of a barrel of oil was adopted sixty dollars, but the Iraq oil currently sells for less than fifty dollars for various reasons, therefore, Iraq is already facing tough financial crisis."

She Tamimi, said that "Iraq missed years ago to the development strategy of the economic and social level plans may be over-reliance on oil wealth has contributed to the omission of the country's leaders and politicians for Alkhtit for the future and post running out of oil beyond wealth depleted as it is known is much like the process of economic suicide ".

http://translate.google.com.pk/translate?hl=en&sl=ar&u=http://www.iraqpressagency.com/&prev=/search%3Fq%3Diraq%2Bpress%2Bagency%26espv%3D210%26es_sm%3D93

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