Saturday January 21, 2012
Economic parliamentary warns of big losses for the economy as a result of the investment budget and stop the continued operational
Baghdad, warned the parliamentary economic committee member Hussein Al-Muraabi of significant losses of the Iraqi economy as a result of the investment budget and stop the continuation of the operational budget only.
He said in a press statement: "The delay in approving the budget in 2012 has affected the investment budget and guide the work of the country's economic reality and the construction and reconstruction to the reality of consumption, and turned into productive ministries of consumers."
He said Al-Muraabi: "The investment plan for 2012 is parked until the House of Representatives approved the budget for 2012, and as a result, the stop just delay the process of construction and reconstruction," adding that speed up the House of Representatives passage of the budget in 2012 will spare the Iraqi economy, more waste of money and the delay in productive work.
The House of Representatives two weeks ago ended the second reading of the budget in 2012, sent by the Council of Ministers for discussion and approval.
Noted that it was scheduled to inform the budget 120 billion dollars, but he was reduced to 100 billion dollars.
link
