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Tag: Iraq budget 2014

Passing The Budget 2014 Approval

Passing The Budget 2014 Approval

Iraqi Dinar 123 News:– The budget approval happened in the parliament after the members agreeing on the same point. The member of the parliamentary bloc of the state law and the agreement made with the political blocks in the House of Representatives for the passing of the budget for the year 2014. According to Jubouri in an interview the Radio Free Iraq said that the House Speaker Salim would request the leaders to get a committee to study the budget….

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Budget to be Resumed After Eid: Tamimi

Budget to be Resumed After Eid: Tamimi

Iraqi Dinar 123 News:– Member of the Parliament of the Liberal bloc Magda Abdel Latif Al-Tamimi said that on Thursday for the Special Committee to manage the discussion of the 2014 budget. Everything would get settled after the holidays. He sent a letter to the Ministry of Finance regarding the budget of the running year. He said that the budget does not reflect reality and it is important to make amendments in it. According to the situation reported by Tamimi;…

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The Budget of Iraq Will Not Approve This Year

The Budget of Iraq Will Not Approve This Year

Iraqi Dinar 123 News:– The political leader and the MP for the coalition of state law, Abdul Salam Al Maliki said that looking present political environment of the country, it is difficult to say that the budget of Iraq will be approved in 2014. There is a deadlock on the both sides and no one is ready to compromise on the conflicted issues. The Kurdistan is not ready to step back from boycotted of the parliament session that is necessary…

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Deficit of Billions of Dinars; Current Year Budget Can’t Meet Projects Cost, Diyala

Deficit of Billions of Dinars; Current Year Budget Can’t Meet Projects Cost, Diyala

Iraqi Dinar 123 News:– The governor of Diyala province said that the Diyala budget is not enough to support running development projects of the province. Iraq allocated 326 billion Iraqi dinars to the province in the budget. the sector department and administrative unit projects are under operation in the province that need huge funds for its accomplishment but government of Iraq is not ready to allocate more than 326 billion Iraqi dinars to the province for all of its needs…

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Reason Behind Budget Delay

Reason Behind Budget Delay

Iraqi Dinar 123 News: Every one of us wanted to know the main reason for delay in budget of Iraq 2014 and the present decrease in the value of Iraqi dinar. Most of us consider the conflict between Iraq government and Kurdistan is the major reason for this delay. Yasiri the noted member of finance committee of Iraq said yesterday that the conflict with Kurdistan is not the problem for Iraq to approve budget 2014. He said the preparation of…

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Budget 2014 Might Be Integrated With The Next Year Budget

Budget 2014 Might Be Integrated With The Next Year Budget

Economists believe that it is shocking news for economy of Iraq that the budget 2014 is going to integrate with the next budget. The law and order situation in the country and the tension between Erbil and Baghdad is the major cause for the delay of budget. The Kurdistan has clearly defined that it will not participate in the annual budget debate and in the parliamentary session due to this conflict. Kurdistan wants that the Iraq first define the oil…

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Budget to be Approved in The Next Few Days, Finance Committee

Budget to be Approved in The Next Few Days, Finance Committee

Abdul Hussein Al Yasiri, the MP of finance committee said that finance committee of Iraq will approve budget 2014 in next few days. He said that major and minor conflicts between Baghdad and Erbil will be resolved soon and the government is already negotiating with concerned parties. Hopefully, United States of America will play vital role in settlement of the things between both of the regions. It is said that Baghdad will be ready for the acceptance of 100,000 barrel…

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Iraq Budget 2014 – Expectations And Doubts

Iraq Budget 2014 – Expectations And Doubts

The Financial Commission of Iraqi Parliament has given an expected figure of 8 to 11% increase in budget. This figure is quite much more than last year’s budget. Many new points of prosperity are also under consideration. These include the National Projects, and oil exploration project, etc. It is said worldwide that Iraq’s budget do not present the picture of a third world country. The budget is quite handsome. This expects to reduce unemployment in the country and there will…

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