Reduce the budget deficit to 23 trillion dinars

12/17/2014 0:00

Month’s salary to self-finance companies in the industry
BAGHDAD – morning – Alaa al-Tai
Ministerial Technical Committee concerned able to redraft the 2015 budget to reduce the deficit of 47 trillion dinars to the half after a reduction of 23 trillion dinars of special ministries and state institutions expenditures within the budget next year.
This came during the committee members read their report at the Cabinet meeting, which was held yesterday.
The Deputy Secretary General of the Council of Ministers for administrative and financial affairs and a member of the Technical Committee Obeid replace the “morning” that the budget will include allocations for the displaced more than a trillion dinars added to the assigned by the Ministry of Displacement and Migration amounts.
He said the ministerial committee will continue to hold its meetings until the resolution and the preparation of the final report on the federal budget for 2015, noting that the current budget underwent to reduce expenses and compressed, where this mechanism included all state institutions in an attempt to reduce the deficit caused by low oil prices, noting that the figures will be a real and not speculative, after taking into account the financial crisis has been caused by low oil prices and reduced the amount of oil exports as a result of the fall of some areas, however, “Daash” gangs, along with the high volume of expenses of the armed forces and the security ministries imposed by the circumstances of the war in the country. “
And what resulted in the Council of Ministers regular session held yesterday under the chairmanship of Prime Minister Haider al-Abadi, said a statement from al-Abadi’s office, received a “morning,” a copy of it, he was at the meeting to approve the payment of one month’s salary for companies self-financing of the Ministry of Industry of the Ministry of Finance.
The council also approved a project of the Federal High Court Act and the amendment of Article (12) of the project to be a quorum of two thirds of the presence of the court.
The Cabinet authorized the State Department to continue to negotiate with the Iranian side to reach a final and comprehensive solution on the common border rivers and deviation Shatt al-Arab path towards Iraqi territory.
It was agreed to form a committee of the General Secretariat of the Council of Ministers and the Ministry of Environment to deliver a building to the Ministry of Environment.
The Board approved the establishment of the Ministry of Finance to deport request of the Ministry of Justice to the budget in 2015, regarding the insurance amount (8,435,470,800) dinars, for the purpose of fulfillment of obligations with the contracting companies with the restoration and rehabilitation of prisons based on resolutions digital Council of Ministers (378) for the year 2012 and (322) for the year 2013.
The Council decided to exclude the Ministry of Displacement and Migration of the fifth point of the publication of the Ministry of Finance and the powers of a number of exchange (119 995) in 12/30/2013, and the exception of the Implementing Regulations of the Federal budget for the year 2013.


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