Distribution of oil revenues in next June

05-02-2013 | (Voice of Iraq) - Add a comment -
Baghdad / Ahmed Yassin

Liberal parliamentary bloc confirmed not to vote on the federal budget in the absence of an included on the distribution of oil revenues among citizens, while the Planning Ministry said that the distribution of the proceeds will include the poor and needy segment only.

The MP said Mohammed al-Khafaji, said the Liberal bloc agreed with the Ministries of Planning and Finance on the distribution of quotas citizens from oil revenues and about 25% of Alvaúdhat by relying on a distribution mechanism for registered users within the ration card system.

Khafaji said Liberal bloc would refuse to vote on the federal budget for the current year in the absence of law included the distribution of oil revenues among citizens, explaining that the law allocation of oil revenues will include all citizens without exception or discrimination.

For its part, proposed by the Ministry of Planning that the distribution of shares of oil revenues between the poor and the needy segments only to ensure that the biggest benefit of the amounts allocated. Said the spokesman for the Ministry Abdul Zahra al-Hindawi said the Ministry of Planning suggested that the distribution of oil revenues between segments of the poor and the needy and covered salaries of social welfare as most in need of help, attributing this to expectations ministry that the amounts allocated to such proceeds are few and substandard.

Hindawi said that the ministry is currently awaiting approval of the distribution of proceeds in the federal budget and find out the total amount allocated to the citizens within the 25% of the surplus revenue to be divided among the categories covered on this basis.

Hindawi between the distribution of these revenues by the total number of citizens (about 33 million) will be a little amount distributor and of little avail and without the required level as the distribution of oil revenues will raise prices in the market. He explained that the expectations of the Ministry of Planning on the time distribution of quotas between financial covered will be during the month of June.

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