Najib: Government is obliged to pay 1/12 of the general budget in the absence of ratification
Najib: Government is obliged to pay 1/12 of the general budget in the absence of ratification
January 4, 2015, 15:40
BAGHDAD – ((eighth day))
Confirmed the MP for the economic and investment commission parliamentary Najiba Najib said “not to ratify the budget forced the federal government to spend all customizations to government departments,” pointing out that “in the absence of ratification, the government exchange rate 1/12 of the budget.”
The MP Najib told the Lord’s ((eighth day)) that “the House of Representatives ended the first reading of the draft budget law, and in accordance with the provisions of the Rules of Procedure of the Council, there will be a second reading after the relevant committees submit their reports to the Council, noting that he was assigned to the Finance Committee and the Committee on Economy and Investment, and the Legal submit detailed reports on the budget bill; to enable the Board to accelerate the ratification. ”
Najib added: “If the reports ready before the date of the next meeting on the seventh of this month, will display the budget on the agenda of the meeting to read the second reading during the meeting, and will be working to finalize the adoption of the bill.
She said Rep. Najiba Najib, that in the event a failure to approve the budget before the end of the month, then in accordance with the provisions of the law of financial management, the government have to pay 1/12 of the budget until the ratification because the ratification of the budget authorizes the government and Ministry of Finance exchange all customizations to government departments, and in case For the government not to ratify the exchange rate of 1/12 of the budget.
She drew MP Najib said that “by the middle of this month, the state start regardless of salaries and compensation of employees, and in accordance with the provisions of the law of financial management is obliged then regardless representing 1/12, noting that the government has not yet taken a formal decision regardless of the proportion of 1/12.”
It is scheduled that the House will reconvene on Wednesday, 07/01/2015, after raising its session on 25.12.2014, in which the impact of the completion of the first reading of the draft budget law, and to raise its seventh month of January.
8th-day.com
