I Get By With Alittle Help From My Friends....
Would you like to react to this message? Create an account in a few clicks or log in to continue.
I Get By With Alittle Help From My Friends....

Dinar Outcast


You are not connected. Please login or register

Finance Committee: vote on the budget within a few days

Go down  Message [Page 1 of 1]

Panhead

Panhead
Admin

Finance Committee: vote on the budget within a few days
Denied voting for a resolution to withdraw part of the cash reserves of the Central Bank

President announced the Finance Committee in the House of Representatives Ala-Sadoun said the next few days will see a vote on the budget for 2010. Saadoun, said: "The budget included a transfer projects and visited the education, health, construction and housing, municipalities and electricity

The responsibility of the province concerned in the project after that was supervised in the past these ministries. "And denied that" there is an increase or decrease in salaries, but there will be a realignment of paragraphs, such as family allowances, in addition to the hierarchy in grades based on academic achievement of staff " are set out in a press statement that grades for this year included the allocation of 115 thousand degrees and functional, as will the lion's share of the security ministries, while the share of the Ministry of Education, 10 thousand degrees, and Higher Education 2000 o and 4000 the degree of health, noting that the highest priority in recruitment within ministries would be to staff the owners of temporary contracts. For his part, said a member of the Finance Committee in the House Sami Atrushi: that the council would not approve the amended version of the budget and its relevance only after approval by the Council of Ministers, adding that the version received from the Ministry of Finance is for information only.

He Atrushi in a statement quoted by news agency Nina, expressed hope that the budget be approved soon, noting that the "balance of the adjustments amounted to more than four hundred and eighty Trliuna billion dinars, raising the amount of the budget deficit to more than 22,9 trillion dinars will be covered by Turned the previous year and increasing oil prices, and that if those amounts did not cover the government will have to borrow internally and externally.

He added by saying: "We have received a copy of the Finance Committee of the State budget for 2010 after some customizations have been modified by the Ministry of Finance, each passing the budgets of the parliament and the Supreme Judicial Council, and the other suggestions from the Ministry of Finance expenditure has increased oil exports as well as increased functionality of the Ministries of Oil and financial, in addition to $ 263 billion dinars had previously deducted from the share of the Kurdistan region of the supplementary budget of 2008, and the amount of 250 billion dinars for investment expenditures of the Bretton martyrs and political prisoners already approved in the Council of Ministers

In turn, denied a member of the Finance Committee Vice Sirwan Zahawi vote for a resolution to withdraw part of the cash reserves of the Central Bank of Iraq to fill deficits in the budget of public finances. Zahawi said in a statement carried by news agency Iba, "The foreign exchange owned by the CBI is a reserve to support monetary policy and to give strength to the local currency, and any move to Parliament to pressure the Bank to release part of its reserves to bridge the budget deficit was inconceivable and unacceptable, he that the CBI has achieved clear success over the past years and could raise up to € (80) billion dollars, a result of the strategy contributed to the devaluation of the dollar against the dinar by half compared to 2003. Zahawi pointed out that the proper utilization of loans provided by a number of countries, in addition International Monetary Fund is the most important means that can be made by the government to cover the deficit, stressing the implementation of the tariff law in an economical way to ensure greater financial returns.

Referred to the House of Representatives recently completed, read the draft general budget for the year 2010 amounting to more than 83 trillion dinars, of which 23 trillion dinars allocated for the expenses of the investment projects, and 60 trillion dinars for operating expenses, by a financial deficit of more than 21 trillion dinars.

http://www.alsabaah.com/paper.php?so...page&sid=96605

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum