Shafaq News / The Presidency of the Republic of Iraq, said that the meeting of the three presidencies discussed the subject of the federal budget “with all its details”.
And held Thursday evening at the Peace Palace in Baghdad, the meeting of the three presidencies in the presence of President Fuad Masum, Prime Minister Haider Abadi and Speaker of the House of Representatives Salim al-Jubouri.
The meeting was attended by the Chairman of the Finance Committee in the House of Representatives and a number of members of the Committee.
According to a statement to the presidency of Iraq and responded to the twilight News, the meeting “focused on the basic aspect of the subject of the budget and study of its doors, and discuss all the details that can help in the speed of legislation and adoption and work diligently to remove obstacles as soon as possible to walk the budget to serve the Iraqi people and the work of state institutions And services required. ”
The meeting came after the start of the House of Representatives, today, the vote on the draft federal budget law.
The Iraqi parliament voted today on 12 articles in the federal budget, boycotting Kurdish deputies.
Promised the Kurdish blocs, the House of Representatives to vote on the articles of the draft federal budget law “in application of the policy of marginalization.”
The reduction of the share of the Kurdistan Region of Iraq in the budget of 2018, a broad rejection of Kurdish political forces, where the government reduced Abbadi, last November, the share of the province in the budget this year from 17 to 12.6 percent.
The revenues of the general budget are estimated at (91643667236) thousand dinars (ninety nine trillion six hundred and forty-three billion six hundred and sixty seven million and two hundred and thirty-six thousand dinars). The estimated revenues from the export of crude oil were calculated on the basis of the rate of 46 dollars per barrel at an export rate of 3 million Eight hundred and eighty-eight thousand barrels per day, including 250 thousand barrels per day from the Kurdistan Region.
The allocations of expenditures amount to (104158183734) thousand dinars (one hundred and four trillion and one hundred and fifty-five billion one hundred and eighty-three million and seven and thirty-four thousand dinars), while the total deficit planned budget (12514516498) thousand dinars (twelve trillion five hundred and fourteen billion five hundred and six Ten million and four hundred and ninety-eight thousand dinars)