Member of the parliamentary finance: the budget will begin the end of next week’s $ 125 trillion dinars

Member of the parliamentary finance: the budget will begin the end of next week’s $ 125 trillion dinars

Wednesday January 14, 2015 19:11

Member of the parliamentary finance - the budget will begin the end of next weeks 125 trillion dinarsAlsumaria News / Baghdad
Revealed the parliamentary finance committee member Husam punitive, Wednesday, that the general budget for 2015 will begin the end of next week, a $ 125 trillion dinars, while noting that the percentage of Agr 25 Trliuna.

He said punitive in a statement to the mass site Liberal and seen by “Alsumaria News”, “The budget has seen a reduction of all non-essential expenditures for the three presidencies as well as the ministries and public institutions expenses,” noting that “the reduction included operational and capital expenditures in order to reduce the fiscal deficit in the budget “.

He added that “the end of next week will pass the general budget in the House of Representatives,” pointing out that “the general budget for the current year will start at $ 125 trillion Iraqi dinars and a deficit of 25 trillion dinars.”

Punitive and explained that “the payment of anticipated receiving in the coming budget deficit will be through borrowing from the International Monetary Fund or a number of other financial measures.”

He was President Fuad Masum and Parliament Speaker Salim al-Jubouri confirmed, on Tuesday (January 13, 2015), the need for coordination regarding the legislation of laws, while stressing the importance of expediting the passage and ratification by the general budget to address the economic problems.

The House of Representatives ended, the first Monday (January 12, 2015), the second reading and discussion of the budget law.

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