Parliament puts a plan to reset the budget deficit in the coming years

Parliament puts a plan to reset the budget deficit in the coming years




08/12/2013


BAGHDAD / JD / .. Announced the Finance Committee in the House of Representatives for a plan in the coming years to reset the budget deficit.
A member of the Committee Dler Abdelkader a member of the House of Representatives for the coalition of Kurdish blocs told the reporter / JD / that this matter requires fiscal discipline to public spending and the application of the principle of the upper ceilings for public expenditure with the embodiment of the principle of the development budget from top to bottom.

He said the plan should also include an increase in non-oil budget resources and thoughtful reading of the price of oil precautionary and ensuring a real appreciation for Iraq’s oil revenues.
The head of the advisers in the Office of the Prime Minister Thamer Ghadban has predicted that the total fiscal deficit in the federal budget for next year is about 30-35 trillion Iraqi dinars.
Anger said in a press statement that Iraq’s budget deficit federal financial continuously, which means that the country’s imports less than expenditures.

Was not surprised by the President of the advisers of this growing deficit in the budget, despite the rise in the country’s resources on an annual basis, it reasoned that there is no special law for economic reform.


In Separately, student Anger House of Representatives passage of important laws before the end of the legislative term of the last of the current parliamentary session, in particular the law of parties, which worked by the advisers hard and effort great, stressing that the delay in approving the bill would hurt the interests of the House of Representatives nor the Iraqi people nor the political process . / End / / 23
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