Mhodr : the budget deficit will reach 36 Trliuna if he refuses to pay dues region for oil

1/22/2014 0:00


Reduction of 298 billion dinars from the allocations for the development of Baghdad

Baghdad Ali conciliator Wafaa Amer

The Minister of Municipalities and Public Works Engineer Adel Mhodr for the budget deficit for the current year will rise to 36 trillion dinars in the case declined to the province for the payment of oil royalties to the federal government , while stressing the Baghdad Provincial Council cut 298 billion dinars from the budget for regional development .

Said Minister of Municipalities and Public Works Adel Al Mhodr (morning) : that the deficit in the state budget for 2014 will rise to 36 trillion dinars in the case declined to the Kurdistan region for the payment of dues oil producer and exporter to the federal government , pointing out that one of the reasons for reducing the budgets of all ministries by 15 percent lies to this topic .

in the same context , the head of the Council, Dr. Riad dentex during the meeting held by the council on Tuesday and attended the (morning ) : The Ministries of Finance and planning stated to the provincial council formally reducing the budget of regional development for the current year by 15 percent of any of the $ trillion and 950 billion dinars to a trillion and 600 billion dinars what will necessitate a reconsideration of projects prepared by the Secretariat and the province earlier and reduce the amounts allocated to certain sectors .

his part , said head of the Integrity Committee of the Council full -Zaidi (morning) that the reduction does not affect significantly the map projects because the amounts originally not act directly each project , noting that the Council called for the province and the Secretariat to reconsider the amount of the trillion dinars allocated for ongoing projects and turn part of it into new projects involving infrastructure .


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