Ministry of Finance: Funds obtained from the surplus of oil is not enough to distribute to the people

Ministry of Finance: Funds obtained from the surplus of oil is not enough to distribute to the people

Date: Monday 30/7/2012 8:26

 Baghdad / term
proxy detection, Finance Minister Fadhil Nabi in a statement to the extent that the funds obtained from surplus oil revenue is not enough for distribution to the Iraqi people fully, pointing out that the supplementary budget came at the request of the ministries and denied a member of the Commission on oil and energy parliamentary Furat al-Shara that the supplementary budget

Contain any faulty legal or legislative action. Said Shara’s (long): The supplementary budget is subject to all the members of the House of Representatives to vote for her, but does not have a dispute about the legality of this budget.
Finance Committee representative for discussion paragraphs and articles of the supplementary budget for 2012 at a time considered the parliamentarians budget is legal being a Atans on the distribution of surplus oil revenues to the people.
A statement from the House of Representatives seen by long that the Finance Committee held a meeting chaired by MP Haider al-Abadi to discuss the clauses and articles of the law of the supplementary budget for 2012 in terms of legal, financial and technical. “and added that the committee decided to approve the supplementary budget in principle with the lack of agreement on the inclusion in the agenda of the House of Representatives to read a first reading.
to that, the member of the Liberal bloc in the House of Representatives Rafie Abdul Jabbar that his bloc will abstain from voting on the supplementary budget because it is contrary to what stipulated in the budget law (2012) the distribution of surplus to the people and not to government ministries.
said Abdul Jabbar said in press statements that the wording of the supplementary budget by the federal government is a violation of explicit legal as provided for in some paragraphs of the general budget that the surplus earned from oil sales be distributed to the Iraqi people, without exception.
He noted that most ministries not exceed the rate of exchange allocations Finance within the current year budget (50%), wondering how can allocate them additional funds in a supplemental budget for the year 2012.
He added that block free parliamentary decided to abstain from the vote on the supplementary budget the whole and will oppose the approval because they are formulated on the “wrong”, In addition, it will try to consult with the other blocks and making them as binding on him in the vote on paragraph the general budget to the effect that the fiscal surplus achieved in 2012 will be distributed to citizens.
In the meantime, the National Alliance MP Salam al-Maliki, said that the law of the supplementary budget for 2012 needs to changes in some of its doors, indicating that there are doors in the federal budget-sufficient and do not require allocations of additional what is imposed on the exploitation of the supplementary budget in other sections of Beni infrastructure and social security.
He made it clear in a press statement that the supplementary budget “need to be adjustments in some of the doors so as to achieve the target which gives a reflection of good for the Iraqi people, there are doors in the federal budget-sufficient and do not need to assignments additional to impose exploit the supplementary budget in other sections of Beni infrastructure, social security and social welfare, it is better than giving it to other sections. ”
and added that “there is a door to the Ministry of Education has allocated funds but do not cover the actual need, especially as the Ministry of Education needs to build 5,000 schools, while we in the federal budget General allocated funds for the construction of 200 schools only How do we cover the needs of the Ministry of Education in this area, note that the row model in all countries of the world has 18-25 students While now in Iraq, the class in which 50 students and there is time trio in schools. ”
and pointed to the need to focus on the doors of the infrastructure, although the doors of international commitments and contributions need to be money and there are some ministries initiated the appointment of the owners of the contracts of its employees and this needs to add money to the supplementary budget, note that the amount of the supplementary budget is the amount of planning expected and not a number is real.
and the Federal Government announced last Tuesday for approving the supplementary budget for 2012, the current amount up to about (11) trillion Iraqi dinars and will be delivered to the House of Representatives for approval, noting the allocation (40) A degree of functional as a need instant within the supplementary budget.
and the government passed on the fifth of December last budget year 2012 amounting to (100) billion dollars (about 117 trillion Iraqi dinars) and a deficit of up to (13.5) billion dollars (about 17 trillion dinars)
Source: almadapaper