Sunday, December 5, 2010

House of Representatives will discuss the budget next week and expectations of the government back to the gov't to make some adjustments ...



Sunday, December 5, 2010

House of Representatives will discuss the budget next week and expectations of the government back to the gov't to make some adjustments

Baghdad, The deputy of the Iraqi National Alliance, Sunday, the House of Representatives will discuss the beginning of next week file the budget in 2011, likely at the same time to be returned to the government to make some adjustments.

The MP said Hassan Ugaili of Kurdistan News Agency (Rn) that "the House of Representatives will discuss the beginning of next week file the budget in 2011 after the formation of a temporary economic commission for consideration during this week."

He added that "the President of the House of Representatives ordered the distribution file the budget on the members of the Council for consideration before it is put for discussion," noting that "the National Alliance will support the budget vote before the end of 2010 after being modified some of its paragraphs and ask the Ministry of Finance appropriate mechanism to meet the fiscal deficit in it."

He guessed that Ugaili "is re-balancing to the government to conduct a number of amendments to the final approval and launch of its service projects and investment in the country."

The Iraqi Council of Ministers 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 Iraqi Finance Ministry 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 development strategy 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.

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