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[size=30]Parliamentary Committee: The current government will not need to submit a new project to amend the budget[/size]
08/03/2018 09:13 | Number of readings: 99font size: [You must be registered and logged in to see this image.] [You must be registered and logged in to see this image.]
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The parliamentary Finance Committee confirmed that the current government will not submit a new project to amend the Federal Budget Law 2018, voted by the House of Representatives recently.
"The House of Representatives and the Finance Committee realized that the formation of the new government will take time, and therefore the current government will not need to submit a new project to amend the budget, because it has the authority to spend from the reserve of emergency budget allocations according to the law."
He added that "the parliament voted to correct the mistake of inadvertently in the budget on the allocation of 3 trillion dinars from the emergency reserves for compensation of staff including the Kurdistan region and popular mobilization," noting that "this paragraph is a new amendment to the budget law, but the government will not appeal because the Prime Minister himself approved With a number error and corrected ".
"The volume of internal and external loans in the budget is about 11 trillion dinars, while the total allocations of the region 7 trillion and 597 billion dinars annually, and this amount will not spend because the share of the region will depend on the actual expenditure of the state, which is generally about 70 trillion dinars.
The House of Representatives voted this weekend on the overall law of the federal budget 2018, amid the district representatives of representatives of Kurdish blocs and parties.
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