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Vote on Budget..


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http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.babnews.com/inp/view.asp%3FID%3D35122&rurl=translate.google.com

BAGHDAD (Rn): according to a member of the Economic Committee in the Iraqi Council of Representatives, which oversaw the modified draft budget law in 2011, said the committee tried to address most of the gaps in terms of the financial budget that will be approved on Sunday. Abbas said Hammoud Xiaa "The Economic Committee, which undertook to amend the draft budget law in 2011 tried to address all the problems and gaps that file contains the budget." The head of the House of Representatives Osama Najafi, had announced on Friday that "the meeting of the Mini, which was held today for the presidency of the Council and the parliamentary committees related Eduard approving the budget, public finance of the country, came out the results of the" positive ", including the reduction of allocations a number of doors does not affect the work of the government at a time which aims to achieve the demands of citizens to increase the ration card allocations and social welfare program, stressing that the vote on the budget will be on Sunday. "

He Xiaa that "the budget that will be approved on Sunday by agreement of the parliamentary blocs can be described as the best possible because the budget took shape public and the current version I got on the compatibility of parliamentary blocs."

The Iraqi government spokesman Ali al-Dabbagh said in a sixth of this month, the cabinet approved the law of the federal budget for 2011, as amended, which amounted to 96.6 trillion dinars. As for the House of Representatives on the seventh of this month, the second reading of the budget law.

He Xiaa saying that "the budget in 2011 will be addressed as part of the economic problems that has plagued Iraq, but not the level of ambition of Representatives to provide a strong economic structure."

And announced that the advisers in the Iraqi prime minister that the government decided to raise the investment ratio in the slot in the current year budget to 30% at the expense of the operational aspect in order to support investment projects.

The Ministry of Planning and Development Cooperation of Iraq, that the fissure in the operational budget in 2011 is not made extensive changes to it as the standard of living of citizens.

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.

The Central Bank of Iraq that the 2011 budget will raise economic growth to 10% of what it was, noting it was built according to the country's economic policy.

The Iraqi Council of Ministers had earlier said he had approved a draft 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.

Usually sees the preparation of budgets, the country's financial and approval delays by the government and the House of Representatives, because of the large number of objections and criticisms on some of its clauses, most notably the aspects of exchange and the financial allocations for some government institutions and the three presidencies.

The economic study prepared by economists that Iraq's budget for 2011 Federal is the largest in history in terms of operating expenses and investment income as well as the expected entry into the state treasury.

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Here is another link.... http://www.alsumaria.tv/en/Iraq-News/1-60532-Iraq-Parliament-prepares-to-vote-on-budget.html

Iraq Parliament prepares to vote on budget

Friday, February 18, 2011 13:09 GMT

Iraqi Parliament Speaker and his deputies convened with heads of political parties and the financial committee to settle the issue of Iraq’s 2011 budget, a parliamentary source told Alsumaria News.

The Parliament will submit the general budget for vote on Sunday.

Parliament Speaker Ousama Al Nujaifi and his two deputies Qosay Al Suhail and Aref Tayfour held a meeting on Friday morning with heads of political parties in Parliament and the financial committee to decide on Iraq’s 2011 general budget.

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