Parliamentary Finance: 50% of the funds of the previous annual budgets were stolen

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Parliamentary Finance: 50% of the funds of the previous annual budgets were stolen Empty Parliamentary Finance: 50% of the funds of the previous annual budgets were stolen

Post  Admin on Tue Jun 11, 2019 8:57 am

[ltr]Parliamentary Finance: 50% of the funds of the previous annual budgets were stolen 12-3[/ltr]
[ltr]Last updated: 11 June 2019 - 11:38 p


BAGHDAD / The head of the Finance Committee in parliament, Ahmed al-Saffar, said on Tuesday that the parliament is ignorant of the disbursement of funds since 2012 because there are no final accounts of the public budgets. He said in a press statement, "The parliament is ignorant of the exchange process that occurred since 2012 "The Committee of the Finance Committee of the parliamentary," The Committee always demands the Ministry of Finance to send these accounts to Parliament for scrutiny before ratification.


"He pointed out that" the Parliament is keen to follow up the subject of final accounts with the government.


" That, "there are previous studies done Rit inside the House of Representatives by a number of advisers and the Department of research on a number of disbursements in a range of budgets, "noting that," These studies identified that the best budget in previous years achieved the rate of disbursement of funds by 60% of their allocations. "


 "The existence of the final accounts will show us where the remaining 40 percent went."

The member of the Finance Committee MP Magda Tamimi revealed earlier facts about Iraq's financial policy after 2003.


 Al-Tamimi said in a press statement that "the total debt of Iraq amounted to 114 billion 286 million dollars and Iraq Pay interest totaling $ 7 billion Weah to creditors , "She added that" there are differences worth tens of billions concerning the indebtedness of Kuwait, there are differences in the Ministry of Finance records and records of the Foreign Ministry ".ookdt not provide any final accounts pertaining to public budgets since 2012, and the disappearance of male external borrowing from them.



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