Tamimi: We lost $ 45 billion budget deficit has increased by a third

Tamimi: We lost $ 45 billion budget deficit has increased by a third because of Shahristani estimates

10/13/2013 (00:01 pm)

We lost $ 45 billion budget deficit has increased by a third BAGHDAD / Mohammad Sabah

Revealed a member of the Finance Committee MP Magda Tamimi that the proportions of the completion of the budget in 2013 until July last year without advances, amounted to 35.44%, indicating that the country lost $ 45 billion this year due to estimates wrong for the Deputy Prime Minister for Energy Affairs Hussain al-Shahristani on the amount of Iraqi oil source, who Kan was on the calculated value of the budget of 2013, pointing out that the deficit increased to 27 trillion Iraqi dinars after it was estimated value of 19 trillion dinars.
She Tamimi said in an interview with the “long” yesterday that “there is a rise in the rates of the oil price offset by a decline in export rates where the export rates higher than the rates of price increase,” adding that “the budget 2013 and placed under that the quantities of oil exported two million nine hundred thousand barrels per day , according to estimates of the Ministry of Oil and Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, but confirmed that the rates of export two million and four hundred thousand barrels. ”
She drew Tamimi said that “this error endures Oil Minister Shahristani, being the responsible for this file, because their estimates of oil were wrong, considering that the budget is calculated on the basis of these estimates Any error in تقديراتهما will lead to confusion expensive”, but pointed out that “the country suffers from a decline in the export of oil by 500 thousand barrels for the quantity specified in the budget according to the account, which means we lost $ 45 billion in one year.
And on the budget deficit in 2014 Tamimi explained that “the planned deficit for 2014, according to the draft budget bill currently in the Council of Ministers is 35 trillion dinars, while the budget deficit in 2013 to vote on budget 19 Trliuna”.
She added that “an increasing proportion of the budget deficit caused by other fiscal policy followed, which did not address the deficit but on the contrary has been compounded.”
She drew a member of the Finance Committee that “the problem lies in not giving a chance to participate in the planning competencies fiscal policy based on clear economic vision.”
It stated that “capital is eroding, while supposed to run and develop through the operation of factories strategy which could dismiss them any budget,” pointing out that the budget of the year 2014 in which allocations huge to the ministries of defense and interior, reaching 22 trillion dinars, while some called for the allocation trillion dinars and one to protect the borders of the province of Baghdad and the country, but the others refused to do so. “it said Tamimi that the proportions of the completion of the budget in 2013 to a very 31/7 and without advances amounted to 35.44% for the development of the regions, while the ministries with the calculated advances amounted to 21.13% from either without advances Yet Kurdistan region and revive the marshes did not exceed 18%, either without the region and revive the marshes of 9.10%, was less in the percentage of completion provinces, Nineveh and Basra, Diyala, Diwaniyah and Babylon, as shown in the table.

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