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Minister of Finance reveals details of new amendments to the budget after approval


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Minister of Finance reveals details of new amendments to the budget after approval

06/02/2011 10:34

http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=auto&tl=en&u=http://www.burathanews.com/news_article_116108.html&prev=_t&rurl=translate.google.com&usg=ALkJrhjQrmPtCnYiLZmk-I0FWlKlGpvt-Q

Revealed the Ministry of Finance, on Sunday, the details of adjustments made to the budget of the Federal Assembly following approval at a special meeting of the Council of Ministers, noting that the Ministry of Trade had the largest share of allocations, as well as the allocation of amounts of compensation for some provinces, announcing the development of two windows Muslim nations banker Mesopotamia and the good to deal with riba-based borrowing at the request of Aloagafin Shiite and Sunni.

He said Rafie al-Issawi in an interview with "Alsumaria News", "The Cabinet meeting today included a discussion of important matters such as renewal of the adoption of the subject of petrodollars in the provinces which had been allotted a dollar for every barrel of oil product and they also added a new item in the budget for the provinces ports do not contain a border or the production of oil, where it was authorize the Minister of Finance to return another $ fled to the provinces of the budget resulting from increased production and increased prices, according to population density to compensate those provinces. "

He added that "the largest share in the modified budget was the Department of Commerce, have been allocated more than one trillion dinars her, Tksmt to pay 581 billion dinars to meet previous commitments, and 500 billion dinars distributed to citizens to compensate for the shortfall in the ration card in accordance with mechanisms set by the Ministry of Commerce."

The al-Issawi to the "development windows Muslim nations in the Rafidain and rational treatment of borrowing is interest-based upon the request of Aloagafin Shiite and the Sunni and the agreement with the Islamic Development Bank, as well as the development of Islamic bank Iraqi Finance Ministry with a capital of 25 billion dinars."

The Minister of Finance that "the changes that have taken place also is to give ministries especially the Ministry of Agriculture and Water Resources with an additional $ 126 billion dinars to amend the budget based on priorities set by the Council of Ministers and MPs, as given, the Ministry of Municipalities 100 billion dinars and higher education, 50 billion dinars and Education 50 billion dinars, adding that "the affected areas in the provinces has been allocated amounts of compensatory time also, since devoted to the provinces of Diwaniya, Nineveh, Anbar, 50 billion for each province and 30 billion of Najaf and 25 billion to spend Fallujah, in addition to 15 billion dinars for decades attribution of Nineveh and 10 billion dinars to spend the Chinese province of Salah religion. "

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