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Budget will be amended to read in the tenth of next month


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This day of network news (HNN) – According to a member of the coalition of Kurdish blocs, Tuesday, that the federal budget will be returned to the government to modify, and later referred to the Iraqi Council of Representatives, stating that it will be presented for first reading on the tenth of next month.

“Said Mahmoud Othman told AKnews),” The federal budget will be returned to the government to modify to present to the House of Representatives on the tenth of next month to read a first reading. “

He explained, “there is an agreement between the territorial Government and Prime Minister Nuri al-Maliki to amend the current budget, after objections to them,” noting that “the Kurds demanded to modify several of the paragraphs of the budget of the financial allocations for the Peshmerga forces and the region’s share allocations and sovereign.”

The Iraqi Oil Ministry uncovered (Rn), last Sunday that the federal government committed itself to an agreement with the Government of the Territory relating to issue the last 150 thousand barrels of oil per day from fields in return for the paid and the Ministry of Finance compensation of foreign oil companies operating in the region and financial dues.

The Vice-Kurdish coalition blocs boycotted the meeting of the Council of Representatives on 18 November in protest at the Territory was granted 17% of the federal budgetrequirement of commitment to export 150 thousand barrels of oil a day.

Called the mass “change” led by Mustafa Nshiroan the requirement of the Federal Government as a collective methods of torture practiced by Saddam’s regime was good.

The Iraqi Council of Ministers voted in the first month on the draft general budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year’s budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars , ie, a deficit of $ 12 billion.

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