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Deputy likely arrival of a draft budget bill to parliament early next year

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Deputy likely arrival of a draft budget bill to parliament early next year Empty Deputy likely arrival of a draft budget bill to parliament early next year

Post  Admin Sun Dec 07, 2014 8:57 am





07/12/2014 10:10



Long-Presse / Baghdad

Counting MP for democratic bloc Warka Joseph Saljoh, Sunday, that the delay in approving the federal budget for 2015 because of falling oil prices, "laughed the beards of the ordinary people," likely that the 2015 budget law up to the House of Representatives in the next year.

Saljoh said, in an interview with the (long-Presse), "The delay in approving the budget for 2015 for reasons related to a drop in world oil prices, is not convincing reasons," returned them, "laughed the beards of ordinary people."

He Saljoh, "The federal budget for 2015 will reach in February or March of next year," and wondered "not reasonable to fail and the oil ministry on the status of the price of Iraqi oil my guess."

The head of the Iraqi Council of Representatives Saleem al-Jubouri announced (November 30, 2014), the first legislative term holiday will begin on Monday, for a period of one month, and in attributing the cause to "delay the Council of Ministers to send financial budget law for 2015, stressed that the parliament will hold a session exceptional during the holiday if the arrival of the budget.

And the failure of the Iraqi Council of Ministers (November 29, 2014), to approve the financial budget law for 2015, due to lower oil prices, contrary to what was planned recognized in the budget.

The Parliamentary Finance Committee predicted in, (22 October 2014), to reduce the state budget by 59 trillion Iraqi dinars, and called on the government to austerity and reduce expenditures is necessary, while an economist suggested reducing the upper layers of the salaries of the state, and stimulate the private sector to be able to find opportunities new jobs to absorb the unemployed rather than the full dependence on the state in this area.

While economists are expected to reduce the number of grades, demanding the need to find an alternative to absorb the unemployed by providing new job opportunities through the private sector.

It is noteworthy that the Prime Minister, Haider al-Abadi, revealed in (the twentieth of October the past), during a press conference following a meeting with religious Shiite, Ali al-Sistani, in Najaf, and attended, (long-Presse), to discuss the Council of Ministers on the balance three times, and that the Council will prepare a budget in which a military spending as a fait accompli, noting that the budget in 2015, will be based on the 2014 current budget, due to the presence of the same problems, of oil from Kirkuk and stopped completely, as well as lower world prices, and expectations about to fall over, that's the Cabinet decided austerity.


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Deputy likely arrival of a draft budget bill to parliament early next year Empty Re: Deputy likely arrival of a draft budget bill to parliament early next year

Post  Admin Sun Dec 07, 2014 9:32 am

Araji: 2015 budget is completed before the end of the year



BAGHDAD / Baghdadi News / ... Deputy Prime Minister Bahaa al-Araji, said on Sunday that the Council is determined to finish the preparation of the budget for 2015 in the coming days, and while noting that the government put a priority essential sectors, stressed taken the necessary measures to not be affected citizen in this crisis.

They said in a statement by his press office, received / Baghdadi News / copy them, "The Council of Ministers is determined to finish the preparation of the general budget for 2015 in the coming days and before the end of the financial year in the form that suits the global oil prices."

He said the deputy prime minister, said that "the financial budget will give a preliminary essential sectors such as security and defense, health and the ration card and Social Welfare" Stressing the government's determination to "take the necessary measures to not be affected citizen of this crisis, especially as the Iraq oil country and has large reserves of oil ".

And, "We have to Nevkir, how can we go out winners from this crisis? Through research and development of the Iraqi state is oil resources and knowledge aspects and priorities of spending" .


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