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(Baghdad: Al Furat News) Speaker of Parliament Muhammad al-Halbousi received Finance Minister Ali Abdul-Amir Allawi.
A statement by his office, the Euphrates News Agency received a copy of it, stated that “the meeting discussed the financial challenges facing the country at the current stage, and the draft federal budget law for the fiscal year 2021.”
Al-Halbousi stressed to the Minister of Finance, according to the statement, “the importance of limiting the repercussions of the current financial situation on the economic situation in the country, and working on developing plans and procedures required to confront the current financial crisis, overcome its repercussions and protect citizens’ rights.”
The Minister of Finance, Ali Allawi, said yesterday that “the ministry will take a package of measures within two weeks that mitigate the effects of devaluation,” calling for “concerted efforts to overcome the current stage and its repercussions on public life.”
It is noteworthy that the House of Representatives has continued, since the beginning of this week, to read and discuss the draft federal budget bill for 2021.
“Parliament intends to return the budget to the government to squeeze expenditures to 100 trillion dinars instead of now 163 trillion dinars,” said the MP for the Sadikoun bloc, Ahmed al-Kanani.
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