D . Appearance of Mohammed Saleh : merging the budgets of 2014 - 2015 is supported by the Financial Administration Act

5/14/2014 0:00

Promise a legal way to overcome the legislative vacuum

Baghdad, Hussein al-Tamimi Tgb Mustafa al-Hashemi

At the time that the delay in approving the budget of the year 2014 for reasons known and speculation to transfer files to the next Parliament , there has been speculation or proposals or attempts to merge the budgets of 2014-2015 .

This suggested that the need to speak to the correct analytical insights by economists to show the advantages and disadvantages of merging with a statement of its potential or not.

Economic «morning « Thread followed by rapid and continuous contacts with a number of experts and conducted interviews with them following and will continue to pursue other views to mature the idea in its entirety and flour.

The first is in two different opinions merger between Almoisntin while insisting the other opinion on the existence of numerous difficulties and challenges .


Merge the budget


In answering a question about the (morning) about the possibility of the merger , said the economist appearance of Dr. Mohammed Saleh, said that in 2014 with the integration of balancing the budget in 2015 is out of the question is a legal way out of the legislative vacuum witnessed by the country.

The added benefit of the (morning ) that the Financial Administration Act and the public debt allowed the executive authority to take such a step for the purpose stroll things in relation to the budget operational inability of one to predict the time it would take to form the next parliament as well as the time it would take to form a new government .


Legislative vacuum


And saw the benefit of the integration of Almoisntin is not bad to override the legislative vacuum caused not approving the budget so far , noting that the investment budget for the current year will be merged to finance projects to be set up this year with the provision of financial allocations for the establishment of projects next year and continued As for the grades that have been identified in the current year budget , due to the lapse of about six months and did not acknowledge the budget , it will be merged grades also with grades allocated in the budget next year .

The leaks have hinted at the possibility of merging the current year budget , to not be approved until now , with the budget next year .


Quartet


Where the MP for the coalition of state law, Haitham al-Jubouri , in a press statement : The « Quartet , which was formed to resolve the problems related to the adoption of the budget like Palmatlh did not reach effective solutions » , adding that « the remaining period is not sufficient to pass this budget and therefore will leave the session the next legislative » .

He added that « there are leaks suggest the integration of the current year budget in 2014 with next year's budget in balance one » , pointing out that « the government will switch after June 14 next to the caretaker government » .

Jubouri said he « will use the same mechanism in the disbursement of the budget for the current year » , adding that« the current year budget has become burnt out and can not be used as a lever of political » .

 noteworthy that the state budget has become the stuff of debate and an exchange of accusations between the political blocs all , they are still languishing in the corridors of the House of Representatives has not completed the readings since it was approved by the Council of Minister in the ( January 15, 2014 ) .


There are difficulties


Competent Balchan financial and banking Samir Nasiri pointed out in his "morning" to talk of merging the budgets of the two years 2014 - 2015 is considered premature , and there was no such trend in all the economies in the process of integration to the presence of challenges , notably the lack of clarity in many of the financial issues associated with the passage of the budget.

 Alnasiri stressed the difficulty of achieving the idea of ​​merging Almoisntin in the forefront of identifying fiscal revenue for the country , because our economy yield depends on oil as the main source to support the general budget and by more than 90 percent , pointing to the difficulty of extrapolation of global prices of crude oil in the international market amid conflicting world events plaguing the prices of oils in all around the world .


Spending limit


He added of the challenges facing the idea of ​​merging the problem of determining the expenses allocated to local governments and the mechanism identified , as well as investment allocations that were not fired and that led to the suspension of all projects, production and service , and that the biggest challenge lies in the lack of access to the final accounts for the years 2013 - 2014 contributes the complexity of the planning for the 2015 budget year , as well as the other side is that the complex mechanism of exchange for the current year are independently 1 to 12 projects that stood out because of the difference between the executive and legislative branches .

Extensive study


He pointed out that the merger need to be a thorough study by experts and those interested in the private and public sectors to adopt the opinion and the right decision .

Calling for adoption of the budget during the current parliament , which requires the presence of coordination between the Council of Ministers and the House of Representatives to work on the adoption of the current year budget and give the role the investment side , which works to serve the citizens .

http://www.alsabaah.iq/ArticleShow.aspx?ID=70902