$3 billion to subsidize ration card items- committee

View previous topic View next topic Go down

$3 billion to subsidize ration card items- committee

Post by Adster on Sun Jul 13, 2008 4:43 am



$3 billion to subsidize ration card items- committee


Baghdad - Voices of Iraq






Adster
Forum Leader

Posts : 162
Join date : 2008-07-03
Age : 49

View user profile

Back to top Go down

Re: $3 billion to subsidize ration card items- committee

Post by Adster on Sun Jul 13, 2008 4:45 am




Baghdad - Voices of Iraq






Sunday , 13 /07 /2008


Time 1:50:32





BAGHDAD,
July 13 (VOI) A total of $3 billion has been allocated from the
2008 supplementary budget to subsidize ration card items, a member of
the parliamentary financial committee said on Sunday.


"The
supplementary budget contained significant points, which the
Parliament has already approved, including an allocation of $2.8-3.5
billion to subsidize ration card items, in addition to another $500
million for the Ministry of Electricity," MP Alaa al-Sadoun told
Aswat al-Iraq - Voices of Iraq - (VOI).
"We
have not yet received the supplementary budget from the cabinet,
maybe for administrative reasons. But we obtained a copy from the
Ministry of Finance and found it a good one," Sadoun noted.
Sadoun,
who is a member of the Sunni Iraqi Accordance Front (IAF) with 39
seats in the 275-member parliament, said that the budget is expected
to reach the Parliament this week, predicting a parliamentary
approval in the coming few days.
Iraq's
budget for the year 2008 is estimated at $48 billion. The Iraqi
Parliament is expected to vote soon on a supplementary budget of $21
billion, which has been approved by the cabinet, bringing the total
for this year's budget to $70 billion, the largest in the country's
history.
The
Iraqi government has been distributing subsidized ration card items
since the 1991 invasion of Kuwait and the subsequent imposition of
international sanctions.

Adster
Forum Leader

Posts : 162
Join date : 2008-07-03
Age : 49

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum