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 138 trillion dinars federal budget for 2013 / Lengthy Version

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IQD4US
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PostSubject: 138 trillion dinars federal budget for 2013 / Lengthy Version   Fri Oct 26, 2012 1:48 pm

BAGHDAD / Nina / announced government spokesman Ali al-Dabbagh that the Council of Ministers decided at its forty-sixth regular day to approve the bill the federal budget for 2013 of $ (138) trillion dinars, an increase of 18% from last year. Dabbagh said in a statement news that the total federal income amounted to (119.3) trillion dinars were the result of calculating the revenues from export of crude oil at an average price (90) dollars per barrel and export capacity of up to (2.9) million barrels per day, including the quantity produced and exported from the territory of Kurdistan and the (250) thousand barrels per day, where will oil revenues this Development Fund for Iraq after deducting (5)% for war reparations Kuwait has reached the investment budget (55) trillion dinars and the operating budget (83) trillion dinars distributed to institutions, ministries and state bodies all will be distribution of public expenditure in accordance with ratio of the population after excluding allocations center of the Federal Ministry and sovereign expenditure as shown in the following table:. Talqtaalmpelg (BD) ratio% 1 - Security and Defence 19.86 trillion 14.37 2 - Education 12.71 trillion 9.2 3 - Energy 29.45 trillion 21.31 4 - Environment and Health 6. 82 trillion 4.94 5 - Social Services 17.7 trillion 12.81 6 - water, sewage and sanitation 4.2 trillion 3.04 7 - Transport and Communications 1.82 trillion 1.32 8 - agricultural sector 2.68 trillion 1.94 9 - industrial sector 1.71 trillion 1.24 10 - Construction and Housing 1.57 trillion 1.14 11 - Culture, Youth and clubs and federations 2.22 trillion 1.61 12 - Obligations and international debt 10.3 trillion 7.45 13 - central public administrations and local 12.76 trillion 9.24 and explained that the budget deficit will appreciate b (18.8) trillion JD will be covered by cash retained from the budget in 2012 and the Development Fund for Iraq and domestic borrowing by the treasury transfers and external as well as from savings expected from increased selling prices of oil or increase production or borrowing from the International Monetary Fund and the World Bank, where will be empowered and Federal Minister of Finance the power to continue to borrow from International Monetary Fund which complements the amount (4.5) billion and the World Bank which complements the $ (2) billion dollars during the year 2013 and using special drawing rights up to SDR (1.8) billion dollars to cover the projected deficit in the federal budget. between Dabbagh that share the territory Kurdistan has reached (14.3) trillion dinars, ie (17)% of the total operating expenses and expenses of the investment projects of the general budget of the Federal Republic of Iraq ratified the Kurdistan region after excluding sovereign expenditure and will be settled dues between the Territory and the federal government for the years (2004 until 2012) and subsequent years after her audited by the Supreme Audit Federal coordination and cooperation with the Office of Financial Supervision of the territory no later than 15 October 2013. Dabbagh said the allocation of the amount (250) billion dinars as a reserve to the government and $ (7.2) trillion dinars for reconstruction projects and the development of regions and provinces, including the Kurdistan Region to be spent according to plans the reconstruction of the province submitted by the governor and approved by the Council of the province to the Ministry of Planning Federal where will the conservative exclusively implement reconstruction plan approved and take the provincial council responsible for monitoring implementation may not make any transfers within these customizations between provinces will also be allocated (1.318 ) trillion dinars, called assignments petrodollars which the amount of dollars for each barrel of crude oil producer in the province or refined in refineries province and a dollar for every (150) cubic meters producer of natural gas in the province and the province to be used no more than (50) percent of the allocations petrodollars to buy electric power and allocate revenues from visa to Iraq to visit the holy sites in 2012 for services visitors and infrastructure, according to the following schedule: 40% of Karbala 10% Baghdad / Kadhimiya 15% Saladin / Samarra 25% Najaf 10% Baghdad / Adhamiya and between Dabbagh said the draft budget has included advertising in local newspapers for grades developed within owners in 2013 by the ministries and departments not related to the Ministry, where priority will be given to install contracts exception of the age requirement for contractors in the past years to calculating the contract period as a service for the purposes of retirement and will be exempted of all citizens of the amount of interest on loans granted to them by the Land Bank, agricultural and housing fund and continue to grant these loans without interest to the citizens and by the souls of all the province and will assume the Ministry of Finance interest rate. stressed that the Iraqi government and to support the industrial sector and private sector mixed Like initiative agricultural will be lending to projects Federation of Industries Iraqi and mixed sector without interest and bear the Ministry of Finance to pay interest to the government banks and the Federal Minister of Finance reallocate the remaining funds and unspent from the approved amounts in the federal budget for the year 2012 and related damages provinces, cities and individuals affected to balance the beneficiary exclusively to conduct paid during 2013, an exception from the provisions of (Section IV) of the Financial Administration Act and the Public Debt number (95) for the year 2004 and also has the right to use the approved amounts for the contingency reserve to pay the expenses of emergency incidents and unexpected reduction (3) billion dinars each case either if the amount exceeds this limit must obtain the approval of the Council of Ministers Federal. explained that the Federal Minister of Finance in coordination with the Minister of Planning Federal will reallocate the amounts related to the projects Emaar and assigning provinces ((Baghdad (Sadr and torch), Basra, Diyala and Nineveh)), which was launched amounts in the form of advances in 2008 for the purpose of adjustments Agaydip them within the budget year 2013 without incurring the actual exchange as well as the reallocation of revenue actually in land border ports, sea and air, including sovereign revenues during the year 2011 to balance the border provinces both by revenue actually at border crossing points in that province with priority rehabilitation and reconstruction of border crossings of each province. Dabbagh said that the Minister of Planning to provide the rate of implementation of investment projects for each ministry or entity is linked to the Ministry to the cabinet in the absence of the implementation of a rate (25%) of the allocations of each project through the (6) months from the adoption of the budget For Minister of Finance and in coordination with the Minister of Planning to report to the Council of Ministers to determine the causes of failure and the House of Representatives questioning the minister or the head of the non-related to the Ministry in the event of non-implementation of a rate (60%) of the investment allocations for the ministry or his department from the Federal budget. said that the Federal Cabinet add allocations to federal budget for 2013, when achieved an increase in revenue from exports of crude oil exported through the first six months of this year to pay off the deficit planned budget and securing funds for investment projects of the Ministry of Electricity after approval by the Ministry of Planning Federal addition to amounts imported electricity and reimbursement sector Special before 09/04/2003 and loans granted by the government banks for salaries of employees of public companies for 2010, 2011 and 2012, loans granted by the government banks to buy barley crop for 2010 and amounts to support the affected governorates (Diyala and Nineveh) and the amounts of census general population and bear the Ministry of Finance the amount of interest the (4%) of the total loans granted to the project residential بسماية. / ended


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PostSubject: Re: 138 trillion dinars federal budget for 2013 / Lengthy Version   Fri Oct 26, 2012 9:08 pm

Somewhere buried in there is a rate
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PostSubject: Re: 138 trillion dinars federal budget for 2013 / Lengthy Version   Fri Oct 26, 2012 9:30 pm

I saw a 95 in there somewhere- Maybe that's it- {$95.00} per dinar? That would be an excellent figure to think about, wouldn't it?
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PostSubject: Re: 138 trillion dinars federal budget for 2013 / Lengthy Version   Fri Oct 26, 2012 9:37 pm

A 95 dollar rate.....spread the buzz!!!!!!!!
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PostSubject: Re: 138 trillion dinars federal budget for 2013 / Lengthy Version   Sat Oct 27, 2012 7:01 am

All right- Let me roll a few first- affraid
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