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Parliamentary Finance requires reducing the value of the deficit and reducing expenditures to pass the law
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The Parliamentary Finance Committee confirmed that the approval of the borrowing law in the House of Representatives will take place after making three amendments to the law.
The committee confirmed in a statement the existence of a number of notes on the fiscal deficit financing law, most notably the request to finance the large deficit, which amounts to forty-one trillion dinars in addition to the huge size of expenditures, indicating that voting on it is necessary, but it will not take place until after important amendments are made, including reducing The financial amount required to cover the deficit, reduce expenditures, and maximize non-oil revenues.
The committee pointed out that Iraq suffers from a real financial crisis and all parties, executive and legislative bodies must cooperate to get out of it.
[You must be registered and logged in to see this link.]
by [You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]22 Minutes ago
[You must be registered and logged in to see this image.]
The Parliamentary Finance Committee confirmed that the approval of the borrowing law in the House of Representatives will take place after making three amendments to the law.
The committee confirmed in a statement the existence of a number of notes on the fiscal deficit financing law, most notably the request to finance the large deficit, which amounts to forty-one trillion dinars in addition to the huge size of expenditures, indicating that voting on it is necessary, but it will not take place until after important amendments are made, including reducing The financial amount required to cover the deficit, reduce expenditures, and maximize non-oil revenues.
The committee pointed out that Iraq suffers from a real financial crisis and all parties, executive and legislative bodies must cooperate to get out of it.
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