26/01/2011
Iraq meets all its financial obligations for balance of the Arab League
Cairo, The representative of Iraq at the Arab League on Wednesday, Iiqae on Iraq for all its financial obligations for balance of the Arab League, pointing out that Iraq is covering 10% of the university budget.
The ambassador said Qais al-Azzawi told the Kurdish news agency (Rn) on the sidelines of the Extraordinary Meeting of the Standing Committee for Administrative and Financial Affairs of the Arab League Council held in Cairo, "The meeting discussed the re-consideration of the contributions of Arab States to balance the Arab League in 2011 in implementation of the Sirte summit Arab."
He explained that "the Arab leaders decided to increase in the Sirte summit of the Arab League's annual budget by adding $ 61 million in it, ie, by 10 percent."
He stressed that "Iraq is committed to pay all financial obligations of the Arab League, which amounts to 10% of the university budget," explaining that "some Arab countries objected to the increase in the budget of the Arab League and requested to remain the case on what it."
For his part, said Ambassador Samir Seif Yazal Assistant Secretary General for Administrative and Financial Affairs of the Arab League during the meeting, "This meeting would consider the subject of reconsideration in the proportions of the contributions of Arab States in the university budget in light of a request from some Arab countries."
He explained that "the prevailing opinion reached by the participants is to keep the situation as it is, and keep rates the contributions of States in the university budget as is the minimal 1% Top 14%".
Alyazal and that "this extraordinary meeting came at the request of Arab leaders at the Sirte summit on the need to re-examine the rates of contributions of States in the budget of the Arab League."
He noted that "the debate revolved around the request of some Arab states to conduct a study on the return rates of contributions until States could comment on the subject," asserting that "many countries prefer to keep the situation as it is given that the current financial year 2011 witnessed the payment for the first time more 90% of the contributions of States in the budget of the Arab League. "
He pointed out that "This reflects that the proportions of the contributions of States in the budget is acceptable, and will bring its recommendations to the next meeting of the Standing Committee for Administrative and Financial Affairs at its regular session in preparation for submission to the Arab foreign ministers at their meeting scheduled at the top of Baghdad in March next year."
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