Zuhair Al-Araji: Parliamentary Finance Committee will review the budget of the previous government

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Zuhair Al-Araji: Parliamentary Finance Committee will review the budget of the previous government By: mano

On Friday, 10-12-2010 01: 42 PM

Baghdad (News). Leader said at a gathering Iraqi Deputy of the Iraqi list Zuhair Al-Araji, the parliamentary finance committee will review the budget of the previous government and exchange of money.

Al-Araji Said in a statement (the news News) Friday: that the former government bears the responsibility for the budget funds, integrity is in charge of the financial and administrative corruption in exchange, pointing out that the presence of internal deliberations, especially in the House of Representatives, to know where the money went to a budget, there is the president of the council praised Osama Al-Najafi on this subject, and the parliamentary finance committee will review the budget of the former government and made of money, when there is any observations will be presented to the House of Representatives.

The 2010 budget had reached about 83 trillion Iraqi dinars of which 60 trillion dinars of operational budget and the rest of the investment budget.

As for the 2011 budget may reach about 93 billion Iraqi dinars (6ر79 billion dollars), with a deficit of 12 billion dollars, to be one of a barrel of oil at 73 US dollars.

Government spokesman Ali Al-Dabbagh said the Cabinet decided to approve the budget bill for the fiscal year of 2011, as amended, and to allocate it to the Iraqi house of representatives.

The value of the proposed budget was submitted to the House of Representatives to discuss starting from next week before its ratification, according to Al-Dabbagh, said 98ر92 billion dinars calculating revenue resulting from the export of crude oil at the rate of $73 per barrel and the export of 25ر2 thousand barrels per day after deduction of 5 percent for compensation to Iraq or any other of decided upon by the Security Council and to the United Nations.

The budget deficit is expected to reach about 14 billion dinars (about 12 billion dollars) in expenditure rate is expected to reach 64 billion dinars (about 79ر54 billion dollars). /End/(7.. M).

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The budget deficit is expected to reach about 14 billion dinars (about 12 billion dollars)

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