Parliament decides to vote on the budget 2012 Monday next

Posted: February 20, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: Budget, Council of Representatives of Iraq, Fiscal year, Iraq, Monday, Osama Najafi, Speaker (politics), United States Senate Committee on Finance

announced the decision of the House of Representatives Muhammad Al-Khalidi, Monday, that the Parliament will vote during its meeting of 23 to be held next Monday, the Law on the financial budget for the year 2012.
said Muhammad Al-Khalidi in an interview for “Alsumaria News”, “the Presidency of the Parliament decided to determine the Session 23 of the second legislative term of the year the second legislative session next Monday, (27 February now), to vote on the law of the financial budget for the current year 2012. ” said Khalidi that “the decision came after the completion of the Finance Committee to discuss the budget law.”
and ended Iraqi Council of Representatives During its meeting of 21 of the second legislative term of the year the second legislative second reading of the law of the financial budget for the current year 2012, which amounted to 117 trillion dinars and a deficit of 14 trillion, and the adoption of the production of 2.0006 million barrels per day and at $ 85 per barrel.
The block free of the Sadrist movement threatened the 21 of January 2012, not to Altsot on the state budget in the House of Representatives unless the distribution of the proportion of oil revenues on the Iraqis, indicating that it will find an ally on this issue within the parliament , said Chairman of the Iraqi parliament Osama Najafi, during a session of parliament the 20, which was held in February 16 present, that next Monday will vote on the budget for the current year 2012, stressing that the delay adoption of the budget has caused significant damage in the areas of investment. had already called for House Speaker Osama Najafi in (November 28, 2011), the need to expedite the completion of the annual budget of 2012, during a short period, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund that works to reduce and reduce the current budget in the budget for Iraq in 2012. The Iraqi Ministry of Planning announced (22 September 2011) , that the budget for fiscal year 2012, will be between $ 112 and $ 120 billion, confirming that 35% of which are earmarked for the investment budget, while the year’s budget of $ 201,181,900,000,000 deficit of $ 13.3 billion.