Deputy: the budget was completed in record time and the deficit of the biggest problems

Deputy: the budget was completed in record time and the deficit of the biggest problems

2015/11/18 9:44

Deputy - the budget was completed in record time and the deficit of the biggest problems[Baghdad-where]
MP for the National Alliance activist al-Moussawi, said that the financial budget for the 2016 law was completed and sent to parliament in record time, but the problem that we face is the great Agr.
He said al-Moussawi told all of Iraq [where], that “the completion of the draft 2016 budget law at this time and sent to the Parliament has been in record time.”
He added that “the problems faced by the budget, total dependence on oil sales as a key resource of revenue for the country’s monetary” .
“The biggest problem is the most prominent are the large deficit budget.”
The Foreign Minister Hoshyar Zebar confirmed, hosted by the Chamber of Deputies session today, the government’s commitment to providing the budget in 2016 the timing schedule, adding, “The government exceeded real concerns about disable state and non-compliance with its obligations to pay employees and other entitlements salaries.
“The Minister of Finance to,” The government is able to reduce the deficit from 25% to 22%, alluding to hold intensive meetings with international financial institutions including the International Monetary Fund,
pointed Zebari that “the Council Ministers will submit an amendment to the budget bill in 2016 soon in order to reduce the existing deficit through the issuance of cash bonds.
“The overall size of the budget year 2016 more than 106 trillion dinars, while suffering from a deficit of 22.7 trillion dinars, the equivalent of 21% of the total expenditure. finish

alliraqnews.com