Speaker: embarking on legislation in 2017 budget law in the coming days

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Speaker: embarking on legislation in 2017 budget law in the coming days

Post  Admin on Thu Nov 10, 2016 10:05 am

Thursday November 10 2016 - 05:49

Said House Speaker Salim al-Jubouri, Thursday, that the Council on the verge of legislation fiscal budget law for 2017 in the coming days, and as pointed out that the budget deficit of 21 percent, he stressed that the salaries and debt payable, which represented 75% of the budget.

Jubouri said in a press conference building, the House of Representatives, "The House of Representatives ended the second reading debate on the budget for fiscal 2017 Act, we are embarking on the process of enactment of the law in the coming days," noting that "the proportion of the budget deficit amounting to 21% and by 6 trillion Dinar".

He said al-Jubouri, the "oil revenues accounted for 86% of total revenue, while salaries and debt payable amounted to 75% of the total budget," pointing out that "the security and defense won for the bulk of public spending, reaching 23% of total budget expenditures." .

The House of Representatives ended, on Wednesday (November 92 016), read the report and discuss the draft budget for 2017.



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