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12-26-2006, 11:39 AM
Parliament to examine state budget after being blessed by government ECO-IRAQ-BUDGET
Parliament to examine state budget after being blessed by government
BAGHDAD, Dec 24 (KUNA) -- Presidency of the Iraqi Parliament was notified on Sunday about the 2007 state budget projected to stand at 41 billion US dollars with a hike of USD 11 billion compared to the previous budget, a chief legislator said.
Speaking at a news conference at the Palace of Conferences in the capital, First Deputy Speaker of the Iraqi Parliament Khaled Al-Attiah said the presidency of the assembly received a document outlining the projected budget, adding that it was submitted to the parliamentary committee of economic and investment affairs for examination.
The new budget has been worked out to secure up to 136,000 new jobs, Al-Attiah said.
The projected budget had already been blessed by the government. The parliament has the authority to examine it, propose amendments on forecast expenditure or income.
Minister of State for Parliament Affairs Safaa Eddine Al-Safi said the new budget includes USD 10 billion for investments, USD seven billion for security and USD 2.6 billion for education and teaching, double the allocation for this sector in the previous budget.(end) ah.
Kuna site|Story page|Parliament to examine state budget after being ble...12/24/2006 (http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=937289)
Hummm - Wonder why they changed the budget??? I hope it has something to do with a re-val!!
Parliament to examine state budget after being blessed by government
BAGHDAD, Dec 24 (KUNA) -- Presidency of the Iraqi Parliament was notified on Sunday about the 2007 state budget projected to stand at 41 billion US dollars with a hike of USD 11 billion compared to the previous budget, a chief legislator said.
Speaking at a news conference at the Palace of Conferences in the capital, First Deputy Speaker of the Iraqi Parliament Khaled Al-Attiah said the presidency of the assembly received a document outlining the projected budget, adding that it was submitted to the parliamentary committee of economic and investment affairs for examination.
The new budget has been worked out to secure up to 136,000 new jobs, Al-Attiah said.
The projected budget had already been blessed by the government. The parliament has the authority to examine it, propose amendments on forecast expenditure or income.
Minister of State for Parliament Affairs Safaa Eddine Al-Safi said the new budget includes USD 10 billion for investments, USD seven billion for security and USD 2.6 billion for education and teaching, double the allocation for this sector in the previous budget.(end) ah.
Kuna site|Story page|Parliament to examine state budget after being ble...12/24/2006 (http://www.kuna.net.kw/home/Story.aspx?Language=en&DSNO=937289)
Hummm - Wonder why they changed the budget??? I hope it has something to do with a re-val!!