Abdul-Hussein al-Musawi: There is no deficit in the budget because revenues amounted to 70 trillion dinars surplus 9 trillion

Abdul-Hussein al-Musawi: There is no deficit in the budget because revenues amounted to 70 trillion dinars surplus 9 trillion

15.10.2014 18:47






{Baghdad: Euphrates News} A member of the National Alliance MP Abdul-Hussein al-Moussawi, “There is no deficit in the budget because revenues amounted to 70 trillion dinars surplus 9 trillion.”

He said the Attorney-Moussawi told {Euphrates News} that “estimates that were presented in the financial budget of the Federal for the current year during the previous electoral currently vary from revenues and expenses, on the grounds that the previous budget was estimated at 137 billion dollars, which is so far not approved and therefore as a law has been exchange according to the twelfth. ”

said al-Moussawi said “revenues amounted to 70 trillion dinars, and thus there is a surplus of $ 9 trillion on according to the current exchange rate, because the budget has not been approved.”

and went on to say “there is no deficit, but is the default on according to the previous budget that have been submitted, and if the approval of the budget in 2014 during the next two months we will enter in the budget next year are free of disability. ”
The Kurdistan Alliance has pointed out that the money the current year budget spent outside legal frameworks should check it out.

said the Kurdistan Alliance MP Erez Abdul God in an earlier statement “with deep regret the fiscal year ended and did not endorse the financial budget of the Federal Assembly, which is still stuck between the government and the House of Representatives, although it attaches to public life in all provinces of the country and not the Kurdistan region only.”
said MP Abdullah said that “in Budget problems are many and great, and one of these problems is not to send the salaries of the staff of the Kurdistan region and the region’s share of the budget in 2014. ”

He said Abdullah “As for the deficit in the budget, we did not recognize after this law is important and vital, but we must check how to spend the money the budget of 2014, Also, the final accounts should be sent because there is money spent outside the legal framework.
and the decision to see a session on Thursday next parliamentary continue reading the budget bill, the federal financial for the current year in preparation for approval and passed, even though the fiscal year is nearing completion and the presence of plenty of the problems in this vital law is important, especially between the federal government and the Kurdistan region with respect to the salaries of the staff of the Kurdistan region and the export of oil and the other, under the declaration of the Kurds to return Minister cab Aover
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