19/12/2010Iraqi lawmaker calls for turning the amounts of petro-dollar budget for next year
Basra, stressed member of the Iraqi Council of Representatives bloc free of the Sadrist movement, on Sunday, stressed the need to take a decision in the House of Representatives provides for turning the cash for the development of the regions and projects petrodollars from the 2010 budget to next year's budget, to take advantage including the establishment of infrastructure projects.
Uday said Awad Kurdistan News Agency (Rn) that "petro-dollar revenues of the budget came too late for all the producing provinces and due under the law, and imports of petro-dollar."
He explained that "the province of Basra, for example, did not receive the balance of amputation and dollars, but 163 billion dinars, or about a quarter of receivables and imports petro-dollar for the year 2010, has been received in the month of October last, did not allow local governments to refer projects."
He Awad said, "therefore have to take the Iraqi Council of Representatives a resolution for the petro-dollar budget transfers to the provinces due to the budget of 2011 for the purpose of benefit in infrastructure projects."
He added that "Our demands are focused rotate the amounts of the development of regions to fiscal year 2011, provided that is not counted from the budget 2011."
The Awad that "the plan of the new government in the advancement of Iraq and revitalize economically urges local governments and provincial councils to expedite approval of projects and sent to the budget planning for the purpose of ratification and then to the Ministry of Finance for the purpose of allocation of funds has thus expedite investment projects, development of the regions to serve the provinces."
The Iraqi Council of Representatives at its second session had approved this year a proposal to allocate one dollar to the provinces for every barrel of oil produced from the fields, and one dollar for the production of every 150 cubic meters of natural gas, in addition to the allocation of 5% of the total income of border crossings, including commercial ports which are located in Basra.
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