Interim Committee to approve the 2014 budget calls for the government to prepare 2015 budget

08/30/2014 19:01




BAGHDAD / Obelisk: A member of the Interim Committee to approve the 2014 budget of the Kurdistan Alliance MP Amin Bakr, on Saturday, on the need to prepare the government's budget next year, 2015, and submitted to the Parliament in order to avoid the mistakes that led to the failure to approve the budget so far this year.

The House of Representatives has formed a committee to approve the budget law for 2014, headed by Vice President of the Council - Anmak- Haider Abadi, to prepare recommendations on the draft law and sent to the Council of Ministers in order to make adjustments and bring it back to the House of Representatives for approval, but the mandate of the President of the Commission to form a government and the security and political conditions that pass The last country to make recommendations and send the draft law to the Council of Ministers.

He said Baker's "obelisk", that "the government after its formation to speed up the preparation of the budget next year and submitted to the House of Representatives the nearest opportunity to avoid the mistakes that took place by the previous government, which led to the delay in approving the budget in 2014," pointing out that "the budget bill for next year must be submitted to the House of Representatives before October 15 after a nearly 45 days. "

He added, "The financial experts in the ministries and the Budget Department in the Ministry of Finance have the ability to prepare next year's budget in 2015, commensurate with the size of the national revenue is expected and the government's plan."

He ruled out a member of the committee approve the budget of 2014, pointing out that "the possibility of approving the budget for the current year through the adoption of the settlement of accounts compilers government versus revenue Asthsaltha government departments during the current year for the completion of the final accounts by the BSA."

And was a member of the parliamentary finance committee, has said for "obelisk", in the August 21 current, if the amount of the budget deficit in 2014 will rise to $ 87 trillion dinars, almost an increase of 55 trillion dinars for the planned deficit due to lower oil exports to 2.2 million barrels a day instead of expected 3.4 million barrels per day, while showed that Iraq will be forced to borrow internal or external.


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