Iraq decides to release the budget early next month

24/02/2012 14:25

Baghdad, February 24 (Rn) - The Iraqi Ministry of Planning and Federal, on Friday, it will launch a budget in 2012 in the first of the month next to the ministries for the purpose of accelerating the implementation of important projects.

And approved the Iraqi government in its emergency meeting in (05/12/2011) budget in 2012 by $ 100 billion (about 117 trillion Iraqi dinars) and a deficit of up to $ 13.5 billion (about 17 trillion dinars).

The Iraqi Council of Representatives has approved a budget yesterday evening in 2012 after being held by a number of changes, notably raising the social benefits worth $ 100 billion.

The Minister of Planning Ali Shukri, told the Kurdish news agency (Rn) that "the Ministry of Planning decided to launch the budgets of ministries and provincial councils in the first of March in order to speed up the implementation of the budget."

"The parliament's approval of the budget in the second month of the year will contribute to the exchange of budgets on a regular basis by ministries and agencies and provincial councils."

He explained that "the government measures contribute to address many of the problems and obstacles facing the implementation of the budget on the ground and most of those measures direct coordination between planning and other ministries."

The protesting citizens on an ongoing basis on the lack of basic services that have not been able to successive Iraqi governments have provided despite the passage of nearly nine years to overthrow the former regime.

And ensure the activation of the budget in 2012 granting financial loans to citizens for the purposes of housing and farmers without financial benefits which may make them a way to find real solutions to the housing crisis and revitalize the agricultural sector.

And the expected adoption of the budget release 59 thousand degrees and across functional ministries and government institutions, which means to reduce unemployment rates in the country, which according to official sources, up to 15%, but a civil and international organizations say that the ratio is greater than that.

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