Parliamentary economy: “60” billion dollar losses as a result of Iraq’s delay in approving the budget
Parliamentary economy: “60” billion dollar losses as a result of Iraq’s delay in approving the budget
04.06.2014 12:34
{Baghdad: Euphrates News} The Commission on the economy and investment representative, said that the loss of Iraq as a result of delay in adoption of the general budget has amounted to more than {60} billion dollars, noting that the government is trying to cover up the excess of public money through the integration of the budget in 2014 with a budget next year .
A member of the Committee, Mahma Khalil told News} {Euphrates on Wednesday that “the lack of adoption of the budget due to politically motivated par excellence, and if the government wants to approve the budget will be approved, but it was their desire that does not acknowledge this budget in order to exchange the majority of their money on elections, and other matters. ” and added that “the role of the Parliamentary current will end without a budget, and this disagreement constitutional Article {57} states that remains Chapter suffered by the budget continues until approval which means that this chapter will remain open indefinitely,” adding that ” There have been attempts by the government to cover up the abuses of public money to integrate the budget 2014 with 2015 and this dangerous precedent. ” Khalil said that “nearly most of {60} billion dollars, is the loss of Iraq arising from the delay in approving the budget in 2014, amounting to {150} billion dollars , “explaining that” these losses could have come easily neutralized more than {10} billion dollars at the end of the year according to the functions and the movement of the Iraqi state. ” He said he was “Under article {78}, the Prime Minister is responsible to the Council of Ministers for the general policy of the state, which he is responsible, economically and politically, and this is the responsibility of the government to press for the adoption of the budget. ” and held the House of Representatives first reading of the budget bill in the absence of the Kurdistan Alliance and united while continued outstanding differences between the center and the region about the law which led to the failure to reach agreement would adoption of the budget public. ended
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