Najib: budget to parliament this month table and there are an extraordinary session to discuss

December 6, 2014, 16:39

BAGHDAD - ((eighth day))

Confirmed member of the Committee on the economy and investment representative for the Kurdistan Alliance bloc Najiba Najib, Saturday, that the draft budget bill for fiscal year 2015 will reach the House of Representatives during the current month.

Najib said that "despite being unconstitutional (because of the end of the current legislative term), but the House of Representatives will hold a special meeting if the arrival of draft financial budget law to him, to make him the first reading of this month."

Najib explained that "oil constitutes 95% of the sources Balancing Iraq, has seen prices in the global market decline, in addition to the loss of control over a number of areas in Iraq for the benefit of the organization Daash, all of this affects the lower the percentage specified for Iraq's budget for the year 2015".

The Council of Ministers and the Presidency decided last week to reduce Roatbhma half, to coincide with a large budget deficit for 2015 being studied by the government an estimated $ 40 billion.


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