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Parliamentary Finance: The budget will be applied and implemented retroactively for the past months
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A member of the Parliamentary Finance Committee, Muhammad al-Shabki, stated that the budget will be applied and implemented retroactively for the past months that were not legislated, pointing out that the budget must be effective as of the first of last January .
Al-Shibki said, "The federal budget for 2021 is supposed to be published in the Iraqi newspaper Al-Waqa'i’ after it was decided by Parliament and voted on in its entirety . "
He added that "the budget is considered effective from the first of January of the year 2021, despite the parliament voted on it on the 31 of last March ."
He explained that "the budget is applied and implemented retroactively for the past months, after Parliament voted on it after exceeding the specified date for its implementation."
[You must be registered and logged in to see this link.]
A member of the Parliamentary Finance Committee, Muhammad al-Shabki, stated that the budget will be applied and implemented retroactively for the past months that were not legislated, pointing out that the budget must be effective as of the first of last January .
Al-Shibki said, "The federal budget for 2021 is supposed to be published in the Iraqi newspaper Al-Waqa'i’ after it was decided by Parliament and voted on in its entirety . "
He added that "the budget is considered effective from the first of January of the year 2021, despite the parliament voted on it on the 31 of last March ."
He explained that "the budget is applied and implemented retroactively for the past months, after Parliament voted on it after exceeding the specified date for its implementation."
[You must be registered and logged in to see this link.]
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