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Objectors and Approvals.. A researcher reveals a map of political attitudes towards the Budget Law - Urgent
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Baghdad today - Baghdad
Today, Monday, the economic researcher, Nabil Jabbar Al-Tamimi, revealed a map of objections and political positions towards the budget law, referring to “Shiite-Sunni” objections and Kurdish approval of the law.
Al-Tamimi said, in an interview with (Baghdad Today), that "passing the budget law in the parliament is not an easy matter, especially with the presence of political objections by Sunni and Shiite political parties, as the law currently enjoys only the support of the Kurdish forces."
Al-Tamimi added, "The Sunni component objected to the provinces' allocations (development of regions) and the shares of the liberated provinces Reconstruction Fund, and the Shiite political parties also have objections to the provinces' allocations, in addition to the presence of a reservation on the issue of making the budget for three years, as this matter is still under discussion and accordingly Opposition and political remarks.
On March 17, 2023, the Council of Ministers announced that the draft federal budget law for the Republic of Iraq for the fiscal years 2023, 2024, and 2025 would be handed over to the House of Representatives.
Various Iraqi parties attributed the delay in approving the financial budget for the current year 2023 by Parliament to technical reasons and political differences.
It is expected that the budget for the year 2023 will be the highest in the history of the country, as its monetary value amounted to more than 200 trillion dinars (about 140 billion dollars).
The budget included in its provisions the largest operational part, estimated at 80 trillion dinars, including government expenditures and employee salaries, while the price of a barrel of oil was set in the budget with estimated numbers not exceeding $70.
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