The proportion of the implementation of the budget in 2013 to now did not exceed (40%)

A member of the Finance Committee: the proportion of the implementation of the budget in 2013 to now did not exceed (40%)

29-09-2013 07:07 AM

the proportion of the implementation of the budget in 2013 to now did not exceed (40%) Baghdad (news) .. A member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, that the percentage of completion of exchange budget this year to now did not exceed (40%) because of the delayed launch of exchange budget and the reluctance made ​​in the implementation of projects. Bayati said (of the Agency news): The proportion of exchange balance in 2013 of $ (138) trillion Iraqi dinars, did not exceed (40%) by the ministries and provinces, especially the budget allocations of investment, this is due to the delayed launch of exchange funds budget, as well as corruption and delay the implementation of projects. added: that the state used in each year are recycled budget funds to meet the shortfall where, as the current year budget where a large fiscal deficit, it will be paid from the money that will be recycled by the ministries and provinces. The House of Representatives had voted on the budget in 2013 of $ (138) trillion Iraqi dinars and a deficit (14 ) trillion Iraqi dinars, placed at the price of a barrel of oil (90) dollars, and the rate of export of 2.9 million barrels of oil a day. / End

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