D. Appearance of Mohammed Saleh: merging the budgets of 2014 – 2015 is supported by the Financial Administration Act

D. Appearance of Mohammed Saleh: merging the budgets of 2014 – 2015 is supported by the Financial Administration Act

5/14/2014 0:00

Promise a way legally to skip the legislative vacuum
Baghdad, Hussein al-Tamimi Tgb Mustafa al-Hashemi
at the time delayed the approval of the budget year 2014 for reasons known and speculation to transfer files to the next Parliament, there has been speculation or proposals or attempts to merge the budgets of 2014-2015.
this proposal so to speak need to analytical visions correct by economists to show the advantages and disadvantages of merging with a statement its potential or not.
economic «morning« I followed the subject through its contacts rapid and sustained a number of experts and conducted them encounters the following will continue to pursue other views to mature the idea in its entirety and flour.
in minded different firstly merger between Almoisntin while insisting opinion other on the existence of numerous difficulties and challenges.

integrate budget

In answering a question (morning) about the possibility of the merger, said the economist appearance of Dr. Mohammed Saleh, said that the integration of the budget in 2014 with a budget of 2015 is out of the question is the way a legal vacuum Legislative witnessed by the country.
added benefit of the (morning) that the Financial Administration Act and the public debt allowed the executive authority to take such a step for the purpose stroll things in relation to the budget, operational inability of one to predict the time it would take to form the next parliament as well as the time it would take to form a new government .

legislative vacuum

and saw the benefit of the integration of Almoisntin is not bad to override the legislative vacuum caused not approving the budget so far, noting that the investment budget for the current year will be merged to finance projects to be set up this year with the provision of financial allocations for the establishment of projects next year and continued As for grades that have been identified in the current year budget, due to the lapse of about six months and did not acknowledge the budget, it will be merged grades also with grades allocated in the budget next year.
were leaks have hinted at the possibility of merging the current year budget, to not be approved so far, with next year’s budget .

the Quartet

as MP for the coalition of state law, Haitham al-Jubouri, in a press statement: The «Quartet, which was formed to resolve the problems related to the adoption of the budget like Palmatlh did not reach effective solutions», adding that «the remaining period is not sufficient to pass this budget and therefore will leave to the legislative session next ».
added that «there leaks suggest the integration of the current year budget in 2014 with next year’s budget in balance one», pointing out that «the government will switch after June 14 next to the caretaker government». Jubouri said he «will be used the same mechanism in the disbursement of the budget for the current year », adding that« the current year budget has become burnt out and can not be used as a lever of political ». noteworthy that the state budget has become the stuff of debate and an exchange of accusations between the political blocs all, they are still languishing in the corridors of the House of Representatives did not completed readings since that was approved by the Council of Ministers (January 15, 2014).

difficulties

competent Balchan financial and banking Samir Nasiri pointed out in his “morning” to talk of merging the budgets of the two years from 2014 to 2015 is considered premature, and there was no such trend in all economies in the process of integration to the presence of challenges, notably the lack of clarity in many of the financial issues associated with the passage of the budget. Alnasiri stressed the difficulty of achieving the idea of merging Almoisntin in the forefront of identifying fiscal revenue for the country, because our economy yield depends on oil as the main source to support the general budget and by more than 90 percent, pointing to the difficulty of extrapolate the global prices of crude oil in the international market amid conflicting world events that beset prices of oils in all parts of the world.

determine expenses

and added to the challenges facing the idea of merging the problem of determining the expenses allocated to local governments and the mechanism identified, as well as investment allocations that were not fired and that led to the stop all production projects and services, and the biggest challenge lies in the lack of access to the final accounts for the years 2013 – 2014 contributes to the complexity of the planning for the budget year 2015, as well as the other side, the complex is that the mechanism of exchange for the current year are independently 1 to 12, which stood projects Because of the difference between the executive and legislative branches.
extensive study

and pointed out that the merger needs to be a thorough study by experts and interested parties in the private and public sectors to adopt the opinion and the right decision.
calling for adoption of the budget during the current parliament, which requires the presence of coordination between the Council of Ministers and the House of Representatives to work on the adoption of the current year budget and give the role the investment side, which works on the service of the citizen.

alsabaah.iq