Vice Chairman of the Finance Committee: the formation of a body to monitor the distribution of federal revenue is necessary to regulate the process of fiscal spending

Date: 14/10/2012 10:37:35 Sunday



Baghdad (news) .. Deputy Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, the importance of adopting a proposal to form a body to monitor the distribution of fiscal revenues to the federal budget because it will organize the process of fiscal spending in the country and objectively.

Said Faizullah (of the Agency news) on Sunday: The process of distribution of fiscal revenue in the general budget in the country take place in ways that are not objective because many of the ministers observed when voting on the budget bill in the Council of Ministers support Ray presidency of the Council will not object to any paragraph of the budget, although the parliamentary bloc opposed to some of the paragraphs of the budget.

He added: that the Finance Committee proposed the formation of a joint committee with the legal committee to draft a proposed law body to monitor the distribution of federal income for submission to the House of Representatives for a vote, noting that the body includes people representatives of parliamentary blocs and be accountable to the House of Representatives to regulate the distribution of fiscal revenue in the budget of the country .

The House plans to submit a proposal to form a body to monitor the distribution of fiscal revenue for all government departments and ministries and provinces of the country. / End / 8.. /


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