Zubaidi submit a proposal to the draft budget "2014"

August 20, 2014 19:47


The President of the mass citizen Baqer al-Zubaidi, a proposal of the President of the House of Representatives for the 2014 draft budget to save the Iraqi economy from collapse, he says.

He said in a statement today that "After studying the draft budget in 2014 before the House of Representatives and in view of the delay in approval for the conditions experienced by Iraq, we propose to reconsider the budget in full, and requires a re-draft of the budget to the government to reconsider them and prepare a new budget."

It promised that "We must prepare a new budget relies on the development of the necessary appropriations to cover the expenses spent which will conduct up to 31/12/2014 and disbursed in accordance with the rule contained in the Financial Administration Act, a twelfth of the previous budget for the 2013 or 2014 draft budget, whichever is less as well as the status of assignments to cover expenses that have been or will be up to August 2014 as a result of the requirements of the security conditions of emergency to be checking those expenses by the BSA accordance with the provisions and rules of exchange legal and submit a report to the House of Representatives during the period to the end of October 2014. "

He continued: "Estimating the current expenditure for four months from the first of September to the end of December 2014 that limited the spending on salaries owed ​​by the laws in force and operating expenses necessary for the period mentioned and estimate spending on investment projects continued only for a period of four months, the remainder of the year to put the customizations her and not add any allocations for new investment projects only if they are necessary to facilitate the operation of the project ended and estimate spending to support armed forces and security services and support for the displaced and required by the conditions of the battle with terrorist forces and liberate the occupied territories. "

He said al-Zubaidi, the need to "put the percentage of allocations for Petro dollars in 2014 is estimated by the government, to implement what can be implemented projects provinces during the remaining period of the year, and the remaining expenses are considered our provinces that they deserve the government pay in the coming years, and to reconsider calculates the revenue budget for the from oil sources and according to the rates of export prices and realism, and delete all the judgments that strain the budget, including the lack of recycling of investment expenditure which did not happen in 2013 and we have the mind of the government entities that have been allocated to pay them in the coming years. "

He expressed his belief that "the preparation of the budget and in accordance with the principles above will lead to the rescue of the Iraqi economy of any imbalances in the coming years and will lead to reducing the deficit, which exceeded (85 trillion dinars) contained the draft budget submitted to the House of Representatives, which exceeds 45% of the size of the budget, while the internationally accredited deficit should not exceed (14%). "

The House of Representatives decided last week to form a parliamentary committee to temporarily take over the work to approve the General Budget Law 2014, as amended, which is headed by First Deputy Chairman of the House of Representatives comprises 23 members representing the parliamentary blocs.


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