Parliament resolves debate budget

by **Ponee** Wed Mar 07, 2018 6:56 pm

During a session witnessed the presence of 187 deputies

Baghdad / Al-Sabah

After a lapse of more than two months, the parliament resolved the vote on the law of Iraq's budget for 2018, during a session attended the presence of 187 deputies, and missed by the Kurds, and also saw the vote on the law of provincial and district elections.

And immediately from the success of Parliament to vote on the budget law, Prime Minister, Haider Abadi, that great achievement, which counted "the outcome of cooperation between the legislative and executive authorities."

During a press conference held at parliament after the completion of the vote on the draft budget law, the Speaker of the House of Representatives, Salim Jubouri, that "the Council ended the last budget in its current session," noting that "included giving the authority to the Council of Ministers to add allocations if there was any shortage of salaries Staff and social protection network ".

The revenue of the budget law, consisting of 60 paragraphs, is estimated at (91643667236) thousand dinars (ninety nine trillion six hundred and forty-three billion six hundred and sixty-seven million and two hundred and thirty-six thousand dinars), while the revenues calculated from the export of crude oil in the budget, The price of (46) dollars with a daily export rate of (three million eight hundred and eighty-eight thousand barrels).

While the staff deductions of 3.8 percent of the new law were canceled, the budget obliged the region to export at least 250,000 barrels of oil per day of crude oil produced from its fields to be marketed through Sumo. The total deficit in the budget (12514516498) thousand dinars (Twelve trillion five hundred and fourteen billion and five hundred and sixteen million and four hundred and ninety thousand dinars), and covers the deficit of the abundance achieved, and then borrowing internally and externally

03.03.2018

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