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[size=38]The Network Clarifies The Mechanism For Disbursing The Budget For The Current Year
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LAST UPDATE 01/24/2022 | 8:52 AM
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Information / Baghdad...
A member of the Parliamentary Finance Committee, former MP Muhammad Al-Shabki, clarified the mechanism for disbursing the budget for the current year in the event that it was not approved by Parliament or not sent by the government that the House of Representatives in its new session.
Al-Shabki told Al-Maalouma, "If the government does not submit any budget for the current year, it will resort to relying on the same 2021 data, in accordance with paragraph 13 of the Financial Management Law."
He added that "the government will adopt a 1 by 12 system in spending the budget in the event that it works on preparing the budget for the current year without being voted on and approved in Parliament."
And he indicated that "the Ministry of Finance adopted in its expenditures for the current year the system of 1 by 12, especially since the ministry worked to present the budget to the government, and in the event that it was not approved by Parliament, the data of the past year will be adopted in the budget disbursement mechanism." finished 25
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