Basra discusses the withdrawal of the petrodollar and talking about recommendations with Baghdad


 

Economy

Monday 31 July 2017 11:25 am
| Number of readings: 215

BAGHDAD / The Basra provincial council discussed on Monday the latest amendment to the federal budget law for 2017 and the proposal to cancel the paragraph petro-dollar from the budget.

The head of the Planning and Follow-up Committee in the Council, Nashat al-Mansouri told “Iraq News” that “the Basra Governorate Council, discussed with a number of deputies for the province and in the presence of Governor Majed Nasrawi, the latest amendment to the federal budget law for 2017 and the proposal to cancel the paragraph petro dollars included in the budget” Noting that “the federal government deal with the receivables of the province of Basra is not consistent with the city’s offers of sacrifices and sacrifices, and we are surprised by what is being treated by the ministries concerned with the file of financial benefits and administrative powers of the province.”

He added that “the cancellation and zeroing of the account of the province of petrodollar funds, is contrary to the law of 21 and is not consistent with the amount of the city’s contribution to support the federal budget,” adding that “the meeting, came out with a set of recommendations, including the formation of a joint working group includes a group of specialists and members and deputies to follow the benefits The province with the federal government. “

The head of the parliamentary legal committee Mahmoud al-Hassan, said earlier that the draft supplementary budget law for the current year and set by the federal government and voted by the parliament was free of paragraph e of the first article on the oil revenues of oil producing provinces (petrodollar), which existed originally In the draft budget of 2017, noting that the re-work of that paragraph in the supplementary budget needs to understand the differences between the local government of Basra and the federal government.

 

http://aynaliraqnews.com/index.php?aa=news&id22=79753

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