A member of the parliamentary finance rule out the possibility of approval of the draft budget law for 2014.

by **Ponee** Mon Oct 20, 2014 9:39 am

Exclude a member of the parliamentary finance committee the possibility of approval of the draft budget law for 2014. Faleh al-sari in a press statement that "it is very difficult to have a financial budget for 2014 for several reasons, Mrs. Mubarak that the size of the fiscal revenue low of oil imports to Iraq to halt exports of Kirkuk and the Kurdistan region, in addition to the decline in world oil prices, and thus Revenue is the actual obtained by the Treasury State's public are few and do not meet the preparation of the budget law, because the law implies an obligation to pay for operations accompanied by exaggerated. He pointed out that "the preparation of the budget for 2014 is excluded and will enter the Iraqi economy and state monetary crisis in fact can not be borne by the public treasury, and there will be a very large fiscal deficit. He said "all the consequences of approving the budget will not be applicable, or the government could be implemented."

However, in effect saying, "But if the government continued spending 1/12, I think there would be a reduction in the size of the expenditure and will be able to pay dues basic high priorities such as security and defense, and popular mobilization and the displaced, and thus can the government and the state exchange expenses equal to its revenue and keeps the price of the dinar and the Iraqi economy that passes a real crisis. "

He said a member of the Finance Committee that "this issue foresaw the Council of Ministers and the Commission problem where, as well as the Ministry of Finance, which has an extensive database for monetary policy is to make the government is now moving spending by 1/12 and take approvals Council of Ministers on some basic expenses and necessary that relate to security and defense without there will be an endorsement by the House of Representatives. "

And the 2015 budget called for the government to force "to prepare a draft law that takes into account the significant decline in oil prices and the quantities exported real, realistic and based on these two issues is preparing the budget realistic and not based on the high numbers."

The head of the House of Representatives Saleem al-Jubouri, had confirmed yesterday that "the budget for 2014 as a bill is not included in the Parliament and await sent by the government and this does not mean to evade our responsibilities and should accomplish in the coming period."

Did not discuss the Council of Ministers at its meeting last Tuesday's budget bill for the I'tikaaf of the Ministry of Finance to be adjusted at the request of Parliament
http://goo.gl/1BVaZz

by **Kevind53** Mon Oct 20, 2014 10:45 am

But they are still going to RV based upon their restring of their income from oil sales ... anyone believing that, I have some wonderful swamp...err ... prime development property in Alaska for sale...

A member of the parliamentary finance rule out the possibility of approval of the draft budget law for 2014.

A member of the parliamentary finance rule out the possibility of approval of the draft budget law for 2014.

Re: A member of the parliamentary finance rule out the possibility of approval of the draft budget law for 2014.