Parliament raises its committees to 26

[VIZIOIRAQI]

Parliament raises its committees to 26 .. And received the 2011 budget today29/11/2010Baghdad (range) - A member of the Committee on re-wording of the rules of procedure of the House of Representatives its amendment of a number of paragraphs of the rules of procedure of the previous board, most notably the adoption of 26 of the Commission instead of 24 to the Commission., "Said committee member Abdul Hussain Abtan told the Kurdish news agency that" the Committee concluded its re-formulation of the rules of procedure House of Representatives to amend a number of paragraphs in the rules of procedure of the previous board, "noting that" the Committee will send its report on amendments to the Presidency, the House of Representatives on Monday or on Tuesday. "

Abtan explained that "the Committee has received more than 150 proposals for the amendments," noting that "the most prominent amendments agreed by the Committee is to increase the number of committees to 26 the Commission after it had been 24 in the House of Representatives before."

And that "The Committee agreed to the development of the Committee on Energy dealing with electric power, and the Committee on Tourism, was transferred to the National Reconciliation Commission prior to the temporary status of Aldaimip."

Abtan added that "the Committee expects to be voting on the amendments without objection being made with the approval of the proposals of the political blocs."

The House of Representatives has been formed on 22 of November a committee to review the rules of procedure of the Council of Representatives consists of 19 members, and set it to seven days for the completion of her uncle.

On the other hand, revealed adviser to Prime Minister Nuri al-Maliki for Economic Affairs, announced that the Council would send the Prime Minister on Monday file the budget in 2011 to the House of Representatives.

Salam al-Quraishi, "The presidency of the Council of Ministers will be sent on Monday a budget in 2011 to the presidency of the Council of Representatives in order to show the debate and then vote before the end of this year."

The Quraishi that "the Council of Ministers held extensive amendments to the budget, and called on ministries to reduce fiscal expenditure commensurate with the critical situation in Iraq."

And Quraishi, that "the delay in adoption of the budget and make it as a means of conflicts of political, as happened in the 2010 budget will put Iraq into an economic risk," hoping that "the amendments to the budget by the House in line with the number of budget in 2011 of $ 86 billion based on the price of a barrel of oil agreed between the ministries of oil and finance the $ 76 per barrel of crude oil. "

The cabinet approved on 23 this month, the budget in 2011 after it was agreed that the selling prices of oil between the ministries of oil and finance.

The Ministry of Finance had announced last month that the finalization of the draft budget for Iraq in 2011, and the new budget allocates a large share of investment, and to support the Government's strategy for development that will continue for the next four years.

The initial budget for Iraq in 2011 about 86 billion and $ 400 million, an increase of up to 14 billion dollars in the last budget.

According to the Financial Administration Act, No. 95 of 2004, the government should prepare a budget for the following year, in September of each year, in preparation for discussion at the House of Representatives for approval.

And warned the Ministry of Planning in the earlier of the consequences of delay in approving the budget in 2011 that this puts Iraq on the touchstone of economic risk.

http://www.akhbaar.org/wesima_articles/index-20101129-100951.html

[Cahnj0j0]

Wow! Things are moving .... Love it.

[wgb52]

In reference to the budget, can anyone clarify what they mean by "the end of the year"? I have read that the budget year starts Dec 1 and others talk about Jan 1.

[curious80]

I hear from "gurus" that when they release the budget, they're "supposed" to release the rate? Just asking...with all the false prediction going on, not sure what to think about this whole thing anymore...

:mellow: :mellow:

[rick_jb]

Thanks for the post. GO RV

[meatmen4dinar]

Who really knows ???????????????????????????????????????

[Danneedsrvnow]

Does anyone know who ratifies the budget? Is it parliament that does so? I'm am just curious if this is the last stop before being ratified?

Anyone?

Scooter what's your take?

[earjockey]

Interesting, "touchstone of economic risk", sounds like someone is paying attention.