Cabinet approves Credit and the Ministry of Defense $ 1.2 billion

kcs Tue Oct 02, 2012 8:44 pm

Alsumaria News / Baghdad

The Iraqi cabinet approved on Tuesday, the Credit and the Ministry of Defense $ 1.2 billion deducted from the fund allocations armament for 2013, also decided to approve the exchange allocations contained in Article 23 of the 2012 budget law.

He said Iraqi government spokesman Ali al-Dabbagh said in a statement issued today, and received "Alsumaria News", "the Council of Ministers decided in its session held today, approved the Credit and Department of Defense $ 1.2 billion to be deducted from the allocations of fund reinforcement of the budget in 2013."

Dabbagh said that "the Council of Ministers also agreed to exchange allocations contained in Article 23 of the Law on the federal budget for the year 2012 to provide the Ministry of Finance of the Council of Ministers later agenda amounts to be disbursed and recipients and give priority to the ministries in the budget in 2012 spent 100% of the allocations" .

Article 23 of the Budget Law for the year 2012, that the Council of Ministers to submit a supplemental budget to the House of Representatives, and in case you can not bit the House bill within thirty days of receipt of the bill Vlcil Minister adding allocations to the federal budget by paragraph II of this article.

The Iraqi Council of Ministers decided, in (4 September 2012), the allocation of a percentage of less than 3% of the general budget for arms purchases, stressing that the Ministry of Finance will process starting from next year, 2013.

It is noteworthy that the current Iraqi army consists of 14 military band mostly infantry divisions estimated several members more than 300 thousand soldiers, and has the army, about 170 Russian tanks and Hungarian-made, most of them in aid of NATO to the Iraqi government, as well as a number of helicopters, Russian and American-made, and a number of naval vessels in the port of Umm Qasr to protect Iraqi oil exports.

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