***** Call for the establishment of a body to monitor the distribution of allocations

1/1/2014 0:00

BAGHDAD - Mustafa al-Hashemi

Called economic expert, Dr. Majid picture to the application of the Financial Administration Act , public debt, because it will bring a significant part of economic development in Iraq .


Issued Law No. 94 of 2004 for the purpose of improving the conditions of life and job creation and the reduction of unemployment and the accompanying damage to public security and for the purpose of supporting government funding and strengthen the confidence of economic infrastructure of Iraq .

Added Suri told ( morning) that not apply shares in output decline and delay the implementation of projects where there are 600 projects valued at $ 220 trillion dinars were not implemented as well as the granting of government banks in advance to employees amounted to 70 trillion dinars are not settled as well due to the non-application of the law of administration financial and public debt .

He pointed to the importance of its application and focus on what is in it regarding linking the budget development plans and expedite the provision of final accounts in addition to the imposition of censorship on the projects that are approved and apply the provisions of the constitution in relation to the distribution of income and resources to be done by experts and specialists in this field .

Called to a series of economic reforms , However, to say but there is a lack clear of the will to change what makes the country's economic problems such as poverty , housing, unemployment diverge more without putting an end to it .

in turn, explained the economist appearance of Dr. Mohammed Saleh, the importance of the application of Article 106 of Chapter IV of the Constitution , which states the establishment of a national body to monitor the distribution of general allocation of federal revenues .

Adding that this body , which consists of a group of experts are also verify the fairness of the distribution of grants and international aid to the provinces , as well as checking to ensure transparency and fairness in the distribution of federal revenues .

Salih stressed that the Commission did not set up yet , but the law has been read in the House of Representatives first reading , indicating that the foundation would promote the application of the Financial Administration Act and the public debt , which will enhance the economy comprehensive developmental renaissance .

It is said that the law has paramount importance because it relates to the issues facing governments in the field of tasks and responsibilities as well as being an important document are deeply diverse impact on everyone .

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