***** Council of Ministers: the resolution of the budget for the year 2014 after the completion of the talks with the Kurdistan during the week

22/12/2013 17:05


Cabinet decides to also disable the official working for next Wednesday on the occasion of the birth of Jesus (AS)


BAGHDAD / obelisk: Iraq's cabinet decided, said on Sunday that the resolution of the law of the state budget for 2014 will be after the completion of the talks with the delegation of the Kurdistan region within a week, and also decided to disable the official working for next Wednesday on the occasion of the birth of Jesus Christ (AS).

The council said in a press statement received "obelisk" a copy of it, he "decided during its fifty-third regular in Baghdad, today, under the chairmanship of Prime Minister Nuri al-Maliki, to resolve the law of the state budget for the year 2014 after the completion of the talks with a delegation from the Kurdistan region during the week." .

He added that the Council also decided to "disable official working for next Wednesday 12/25/2013 on the occasion of the birth of Jesus Christ (AS)."

The Council also decided "by the Ministry of Finance, Rasheed Bank to pay the sum of $ (805) thousands of dollars from its own resources for the purpose of increasing the shares of the bank from underwriting new capital of the Arab Trade Financing Program, Abu Dhabi in the United Arab Emirates, according to the provisions of Article (15) of the Act Enterprises No. (22) of 1997 as amended. "

On the death of the commander of the seventh division, Brigadier General Mohammad spherical said the council "is not new to the sons of your armed forces Astrechasm their lives Gallic defense of the homeland, which they put their sights and swore to defend him, taking place, the finest examples in the stand as one cohesive not dispersed affiliations narrow in order to protect Iraq and Iraqis of murderers and terrorists who do not want this people to settle and live in security and safety of this country and that the rise. "

"We have joined the constellation other than your children up with the martyrs, led by the commander of the seventh division, Brigadier General Mohammad spherical Colonel Hazem behind Lt. Col. Yassin al-Dulaimi, and the constellation of officers and fighters of the brave, chasing terrorist gangs deep in the desert, and in a ditch last of the trenches of the Sacred Defense for Iraq and its security enrolled Sharqat police chief Brigadier General Ahmed Batawi Pkkbh martyrs with a number of his aides. "

He pointed to "unite the people of our armed forces in the trenches fighting against terrorism," calling on "everyone to support these heroes firmly and strongly until the full clearing of Iraqi territory from the enemies of the nation and all of aiming to destabilize its security and stability and serves to sow discord and sectarianism to disrupt national unity."

The Council expressed its condolences "to all our people decent this great loss, and extend our deep condolences to the families of the martyrs dear, asking God Almighty to provide our armed forces and our security services more power to defeat terrorism and the preservation of Iraq's security, dignity and national sovereignty, he Yes Moly Yes Protagonist" .


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Cabinet will discuss the budget in a special session in 2014
12/22/2013 09:15:00

Iraqi Council of Ministers

Minister of the Federal Trade Dr. Khairallah Hassan said that the cabinet will hold a special meeting Sunday to discuss the budget for the year 2014.

Hassan said in a statement PUKmedia, Sunday, that "the draft budget law for 2014 had already been presented to the Cabinet two weeks ago, but due to a change in the overall revenues of the state has been re-draft to the Ministry of Finance to prepare a new draft according to new data."

The new data, according to the Minister of Trade is "changes in international oil prices, and the reduction of state revenues, and lower the proportion of Iraqi oil exports."

The Minister of Trade, "is expected to be exported 3.4 million barrels per day, noting that three million will be exported from Iraq and 400 000 barrels per day from the province of Kurdistan."

Trade Minister Khairallah Hassan explained that "the 3.4 million barrels of oil is expected to be sold at an approximate $ 90 per barrel becomes annual revenue for the year 2014 is 111 billion dollars and revenue final addition of approximately four billion taxes and Alcomerk and real estate becomes a revenue-General of the State 130 or 132 trillion Iraqi dinars. "

The Minister of Commerce, said: "expenses expected for the country inclusive of the Kurdistan Region have 160 trillion Iraqi dinars, and the deficit is expected up to 30 trillion dinars, and the amount of the deficit is to borrow from the IMF."

Federal Trade Minister also said that "there are several belongings between the Kurdistan Region and the federal government must be discussed and must be done to acknowledge the issue of export of 400 000 barrels of oil from the province of Kurdistan to Turkey and this is a subject of controversy between Arbil and Baghdad."

On the other hand, Minister of Commerce said that "the decline in revenue led the country to reduce the expenses of Article 140 of the Iraqi constitution."

The Minister of Commerce, said: "The money that had been earmarked for Article 140 to change before the budget was 600 billion dinars."


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