Sadoun: the remaining time is not enough to give the right to the budget amendment

Editor's appeal Fouad - Saturday February 22, 2014 10:09



Alsumaria News / Baghdad
Promised former deputy Alaa al-Sadoun, Saturday, that the financial budget for the year 2014 should have been made since the middle of the previous month of November, according to the Financial Administration Act, indicating that the remaining time is not enough to give the right balance in the debate and amendment and vote.

She said Al-Saadoun said in a statement received "Alsumaria News" version of it, that "the financial budget for 2014 had to be made in mid-November by the Financial Administration Act," indicating that "significant delays occurred in submission even more than in previous years, noting that this is the last year of the second legislative session of the House of Representatives. "

Sadoun explained "Satafrg Council for the legislative elections at the end of February, making the remaining time is not enough to give the right balance in the debate, amendment and vote."

The al-Sadoun, that "some remarks about the budget is that the expected revenue for the year 2014 amounted to (139 460) trillion Iraqi dinars, while expenses have become (170.411) trillion dinars, which means that the deficit has become 30.771 trillion dinars, It is equivalent to about one sixth of the size of the budget, and this is a big gap the size of the budget. "

It noted the Saadoun, an expert economic, that "about 70 trillion dinars allocated for capital spending, and about 99 trillion dedicated to current expenditures, and these expenses are not surplus values ​​do not contribute to raising the level of the economy, which is causing inflation and we find that the rate of inflation became 5.5%, according to report of the Ministry of Finance. "

The Speaker Osama Najafi charged in (the first of February 2014), the Council of Ministers to transfer the budget law its problems to Parliament, noting that the budget has reached the parliament on the 26th of January last year, while announced a coalition of state law, the formation of a special committee to connect with the rest of the blocks political solution to the outstanding problems in the budget law, blaming the presidency of the parliament responsibility for delaying the approval.

The House of Representatives began, in (January 28, 2014), the first reading of the budget bill for 2014 in its eighth legislative term of the second legislative year, the fourth and last, headed by Speaker Osama Najafi and the presence of 191 deputies, but failed to accomplish those reading, was charged with a coalition of state Kurds obstructing law to pass the budget.

The Council of Ministers approved in (the current January 15), on the draft general budget for the current year of 2014, and referred to the House of Representatives for approval.




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