Iraqi Planning undertake to release funds from the budget after a week approval

19/02/2012 09:31

Baghdad, February 19 (Rn) - The Iraqi Planning Ministry said on Sunday it will launch a fund for the budget in 2012 after seven days of approval in the Iraqi Council of Representatives, in order to speed up the implementation of projects.

And warned the Iraqi government continued to disable approval of the budget in 2012 emphasizing the need for approved during the month, the value of the budget in 2012 that approved by the government in the 5 of December of last year, $ 100 billion, and a deficit of up to $ 13.5 billion, and focused on energy sector The oil phase of the first, and then the security sector, and then the education sector, education and health.

The Minister of Planning Ali Shukri, told the Kurdish news agency (Rn) that "the Ministry of Planning will launch a cash budget in 2012 after seven days of approval in the Iraqi Council of Representatives, in order to speed up the implementation of projects and begin the recruitment process."

He added that "the Ministry of Planning agreed with Finance to release funds, and have developed an appropriate plan for the success of the process of launching funds of ministries, within seven days," noting that "the Ministry of Planning Sttaaba the process of implementing strategic projects by the ministries and local governments in the event of Chamber of Deputies passed the Iraqi file the budget during the this month. "

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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