*************** Parliamentary Finance: we can constitutionally adjusted budget law

3/28/2015 1:18

Central challenged paragraph determine the dollar sales ceiling

BAGHDAD - Shaima Rashid


Parliamentary Finance Committee described, stabbed in parts of the private central bank of the General Budget Law as "unreasonable," saying the constitutional right to ownership transfers between the sections and the budget reduced.

Central Bank made an appeal to the Federal Court to paragraph 50 of the budget bill for the current year 2015, which obliged not to sell more than 75 million dollars a day auction currency, which promise Governor of the Central Bank on the Keywords "stranger danger" being subject to the Central Bank of the directives of the government, and expected to resolve This is for the benefit of the Central Bank prosecuted.



Member of the Finance Committee MP Masood Haider, confirmed the legitimacy of the Commission and the Parliament in accordance with the Constitution transfers between the doors and reduce the budget.

He said the "morning": that the appeal presented by the Central Bank respect to Article 46 relating to banks and investment formed according to Islamic law, and Article 50, which restricts the sale currency auction 75 million US dollars a day, indicating that there is an intention by the Council of Ministers to appeal in all material that have been added by the Finance Committee.

He revealed Haider, the possession of the Commission data and documents related to the process of money laundering and smuggling of foreign currency abroad, noting that in order to close a road in front of corruption in this area and to stop money laundering by what he called the "corrupt and influential" in state institutions has been added to this article, stressing that The Commission will veto this appeal banking existing data has to disclose how whitening billions of dollars in Iraq and leaked to the outside.

The deputy noted that all the materials that have been added by the Finance Committee to the budget bill within the carry process and reduce state spending at all levels, and that these materials which are not financial implications and do not lead to an increase in the budget for what has been put forward by the Council of Ministers.

 And on grades, between Haider, the Finance Committee has to redeploy 20 000 degrees were dedicated to the Ministry of Defence due to the presence of a lot of aliens and their distribution between the ministries and other state institutions.

Parliament has been added and amended about 17 items in the budget law notably Article 50, which states that "adhere to the Central Bank determines sales of currency ceiling does not exceed 75 million dollars a day with exercise justice in the sales process, and other materials related to reducing the number of cars of the three presidencies, and pressure Alaivadat Foreign posts by 50 percent, and compel the Ministry of Finance and ministries all regardless and entitlements of staff in the provinces and hot spots' salaries, and install the contract-holders in the ministries who have three years of service and above in the budget of 2015, and the creation of the reconstruction of areas devastated by terrorism fund, and the allocation of two dollars for each province oil-producing, refining and two dollars for every barrel of crude.

According to a member of the Finance Committee MP Sarhan tribulations Soleimani, the Commission received the appeal submitted by the Central Bank of the paragraphs of the budget that concern them.

He said the "morning" after the budget was approved by all concerned law and published in the Official Gazette of the Central Bank provided stabbed two paragraphs including one for capping sell the dollar in daily auction.

He added that the committee in the process of writing a list about what was stated in the appeal before the Federal Court and will be pleading them and wait for the court's decision, noting that any appeal by the government did not respond to any of the paragraphs of the budget, expressing his willingness and readiness of the Finance Committee in the House of Representatives responded to the challenge in front of Court.

The Council of Ministers has authorized the session held in the current March 3, boss, Dr. Haider Abadi challenge some of the articles and paragraphs budget (2015), said a source familiar with the Council of Ministers earlier, the Board intends to appeal paragraphs in the current year's budget, noting that al-Abadi someone paragraphs were be changed in Parliament, namely, "to reduce allocations displaced, and the salaries of self-financing companies," while counting the deputies that the amendment of the budget bill without the knowledge of the government, "illegality", expecting that the government earn stabbed.


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