Dentex approached the TBI to support the local government in light of the delay in budget
Dentex approached the TBI to support the local government in light of the delay in budget
26/08/2014
BAGHDAD / JD / .. The president of the Baghdad Provincial Council Riyad dentex, for the Council’s determination to find a channel to support local government to support financially in light of the delay in approving the budget.
Said dentex Agency / JD /: he “visited the Trade Bank of Iraq TBI and discussed with him the possibility of coordination and cooperation to find a channel to support to support the local government financially in light of the delay in approving the budget in 2014, in addition to the possibility of cooperation with the World Bank and the International Monetary Fund through Bank of Commerce and get loans for the completion of service projects, especially the Japanese loan, which aims to achieve urban development in Iraq. ”
He added: “2014 has seen the budget crisis and delayed and its impact negatively on the institutions of government,” stressing “the importance of benefiting from loans provided by the bank because of the trade deficit, which hit the general budget in advance because of the events in the country recently.”
The Finance Committee of the Parliamentary Temporary has revealed the existence of a deficit in the budget bill for fiscal 2014 is 56%, while the government has demanded to reduce the deficit to 11% of displaced persons and determine expenses and arming the army.
A member of the Committee MP Haitham al-Jubouri, in an earlier statement to the Agency / JD /: “House of Representatives Budget Refer to the government and gave it 15 days to rehash, revealed the existence of unacceptable deficit in the budget of 56%.
He added that the Finance Committee called on the government to reduce the deficit ratio to 11%, to facilitate the adoption of the budget in the House of Representatives, referring to the increased size of the expenditure to the displaced and arming the army during the last period.
The MP for the Liberal bloc and a member of the Finance Committee Magda Tamimi has demanded the presidency of the House of Representatives sent a letter to the Ministry of Finance is the presentation of the report in detail to the overall disbursements and all ministries to exchange know how much each ministry.
The parliament had decided earlier this month re-budget to the government for review and demand from the Ministry of Finance monetary stance, Finance and imports and advances that were paid and financial commitments and military as well as to call for a meeting with the ministries of oil, planning and financial statement of opinion on the latest developments in the budget, “./ ended / 8 /
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