Expectations: Adoption of the Iraqi Budget Within 40 Days
|May 7, 2014||Filled under Iraqi Economy|
Iraqi Economy –
He favored a researcher and specialist in economic affairs Mohammad al-Hassani, the improved economic situation in the country after the formation of the next government, while stressing that the Council of Representatives almost 40 days from which to hold meetings to discuss and approve the budget.
Hassani said, according to the agency dinars that “the growth of the Iraqi economy since 2003 So far, not within the required level despite the availability of manpower and material resources, for he has become a focus on the oil sector at the expense of other productive sectors.”
And added: “In the case of the formation of a majority government policy by mass arising from political alliances consistent vision and theories and has a strategy of unified may have to work to improve the economic situation by employing the possibilities available to her plans for the process of producing them activate the industrial and agricultural sectors and the development of banking systems and is working to support the Iraqi dinar exchange rate, as opposed to the current government, which was formed in accordance with the Partnership party and that each party or bloc is working against the block Other aim of miscarriage political.”
And the balance in 2014 indicated economic researcher to: “The delay in approving the budget would disrupt the state and the limits of economic activity,” stressing that “every day that passes without a budget, cause the loss of big money millions of dollars in the fact that there are projects stalled because of budget.”
He pointed out:” The solution to the current parliament will be during the month of June, so I have a House of Representatives almost 40 days from which to hold meetings to discuss and approve the budget and avoid the country economic problems ominous.
His part, said Alhber legal Tariq Harb: Article 57 of the Constitution decided not to separate the end of the session that the budget presented to parliament, it means lack of enjoyment of the holiday last parliamentary deputies, which began on 14/04/2014, which expires at the end of life in Parliament 14/06/2014. Explained that this means that the extension comes a draft budget law only and no other terms of reference of Parliament other as legislation laws or exercise parliamentary control and accidentally Constitution of the departure of members of parliament for this law only for its importance and gravity and in order to rush the legislation and therefore not for Parliament to exercise any other work of non-budget In the case of the completion of the enactment of the budget Fbalamkan call Parliament to any other case in accordance with Article 58 of the Constitution.
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