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Sunday, November 30, 2014

Iraqi Cabinet constituted a committee to reduce the expenses of ministries

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Iraqi Prime Minister's office announced that the cabinet had formed a ministerial committee to determine cut expenses all ministries in order to reduce the budget deficit in 2015. The Information Office of the Prime Minister, "Haider al-Abadi," in a statement reported by Channel "Alsumaria News" site on Saturday that the Council of Ministers held on Saturday evening, a special session to review the proposal of the general budget for 2015 submitted by the Ministry of Finance. The statement added that in light of the sharp decline, which happened in oil prices over the past few days and caused a serious rise in disability rates of the Council of Ministers decided to form a ministerial committee shall conduct a comprehensive review of public expenditure of the state to come up with recommendations, noting that the recommendations will be submitted within a week of treatment and reduce the deficit expected in the budget. A spokesman for the Prime Minister's Office "tributary Jabouri", had announced earlier that the Council of Ministers will be held on Sunday to complete the negotiations on the budget special session.

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