Monday, January 31, 2011

1-31-11 Deputy’s opinion: Adoption of the 2011 budget may be delayed more than a month because of differences

Highlights/Thoughts
Click on the title of this posting to get the details of this article

1. The second reading of the budget was postponed at the last minute yesterday
2. The new amendment to the budget bill will use a higher price for oil
3. An MP from the Iraqi Nahida Daini coalition said that the other problem impeding the adoption of the budget is the lack of final accounts from the previous year
4. He said that the Parliamentary blocs are determined to see the final accounts prior to voting on the budget
5. A member of the Finance Committee said that the issues between the Kurdistan and central government were resolved
6. The approval of the budget will likely be delayed to the end of this month (at the earliest)

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