Relay Control Act federal revenue to the next parliamentary session

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01/25/2014[/ltr]
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[ltr]BAGHDAD / JD / .. Parliamentary Finance Committee decided, Relay Control Act federal revenue to the next parliamentary session after not being able to pass the law to the parliament for discussion and voting on it.

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[ltr]Said committee member Rep. Dler able Agency / JD /: The Presidency of the Council of Representatives and months ago, long formed a committee made up of some members of the Finance Committee and the Committee of the economy, investment and legal to discuss and study the draft Law on Control of federal revenue, the fact that the law has met opposition by some parliamentary blocs.

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[ltr]He pointed out: that the problem has not been able to reach a compromise formula for the law to pass to the parliament and vote on it, so I decided Finance Committee deportation law to the next parliamentary session and full-time legal retirement unified federal budget during the remaining period of the life of the current Parliament.

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[ltr]This has been prepared for the Committee of the regions and governorates that are not associated with the province in the House of Representatives of the Iraqi project to form an independent federal authority to control the distribution of financial revenues of the federal budget in accordance with the principle of balance between the provinces and the Kurdistan region of Iraq.

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[ltr]The Law on Control of federal revenue has first reading in the House of Representatives, but some parliamentary blocs objected to some of its articles, which led to a lack of reading a second reading and vote on it.


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