A ministerial committee to end a five-year review of the budget in 2015
A ministerial committee to end a five-year review of the budget in 2015
12/15/2014
A ministerial committee has announced the completion of its work on the scrutiny 2015 budget, noting that it was adopted in the preparation of the budget on a racist “to curb excess expenditures” and “maximize the financial resources” under the current circumstances experienced by Iraq and the global economy.
The cabinet formed a committee comprised pentagonal oil ministers, finance, planning, transportation, higher education and scientific research, to rewrite the federal budget project according to the new price of oil on world markets.
Economic Adviser to the Prime Minister and the appearance of Mohammed Saleh said in an interview with Radio Free Iraq that the gap in the budget next year and the provision of large expenditures versus low financial revenues need to be smart, fast and field work solutions.
As predicted by the House Finance Committee Masood Haider arrival of the latest draft of the budget to the House of Representatives by the end of this year. He expressed optimism that the establishment of the government economic reforms.
Stresses economic expert peace Sumaisem the necessity of activating the private sector to fill the shortfall in government resources, which said it represents a serious challenge to the authors of the budget, as described.
iraqhurr.org
