Parliamentary Finance: The Council of Representatives power transfers and reduce or increase the total budget

Wednesday, January 23 2 / January 2013 10:28

{Baghdad Ambassador: News}

Confirmed the parliamentary Finance Committee, said the House of Representatives has the power transfers between the doors of exchange in the federal fiscal budget and reduce or increase the total budget.

The committee member said Magda Tamimi said in a press statement on Wednesday that "the House of Representatives has powers of transfers between the doors of the budget as well as the reduction of the total budget reduction or suggestion."

She explained that "the Finance Committee received more than 54 sheets of members of the House of Representatives represent their suggestions on the budget law, and will study them all and apply what is possible and postpone the other."

The House of Representatives has completed the first and second readings of the budget bill for the year 2013 which is expected to Iraqi approval and achieve the hopes and aspirations of the people, especially since the current year budget is explosive and involve large numbers.


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