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Iraq's budget for 2022 awaits "Mercy" approval
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Fri April 15 2022 5:05
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The current government will not submit the budget law to the House of Representatives (AFP)[/size]
The political blockage that [You must be registered and logged in to see this link.] suffers from has caused delays in approving the [You must be registered and logged in to see this link.] , even though the country suffers from many economic problems and that its delay will negatively affect the life of the Iraqi citizen. The political debate continues over the mechanism of sending the budget by the caretaker government to the House of Representatives for approval.
In this regard, the Ministry of Planning announced, Thursday, April 14, 2022, that the current government will not submit the budget law to the House of Representatives.
The technical representative of the ministry, Maher Hammad, told the official agency, "The current government will not submit the budget law to the House of Representatives, but will leave it to the next government." He added that "the emergency support law will deal with food security and projects until the adoption of the new budget."
Authorizing a government to send the budget
The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, announced, on Tuesday, March 12, 2022, that Parliament will vote to authorize the caretaker government to send the budget law to the House.
Al-Zamili stressed that "the emergency food security and development law will not be a substitute for the budget, and it came to a certain stage with the aim of addressing the most prominent emergency cases and issues for the country," noting that "the council will vote on authorizing the caretaker government to send the draft budget law for the current year, as well as laws The task that urgently needs the citizens of the House of Representatives.”
He called on "the Finance Committee to provide the Presidency of the Council with the final version of the draft law after the necessary amendments have matured, so that it is included on the agenda of the nearest session to vote on it as well."
The head of the caretaker government, Mustafa Al-Kazemi, had called on the political forces to work hard to agree on a formula for forming the government, carrying out its duties, working on preparing the 2022 budget, and fulfilling its obligations towards citizens.
Legislation of the budget law
In turn, the legal expert, Ali Al-Tamimi, clarified about the possibility of the caretaker government sending the general budget law to Parliament.
Al-Tamimi said in a press statement, "The necessity requires legislating the budget law, as it relates to people's livelihood and livelihood, and despite the fact that the government is a day-to-day management government that does not have the right to propose a draft budget law, but the higher interest and food security, which is one of the first priorities of the government of daily affairs." They enjoin that."
[rtl]He added that "Article 62 of the Constitution requires the government to submit the final accounts to Parliament before approving the budget," noting that "Article 8 of the Financial Management Law No. 6 of 2019 required the Ministry of Finance and Planning to submit the draft general budget law to the Council of Ministers in early September ( September) of each year. [/rtl]
Al-Tamimi explained that “Article 11 of the Financial Management Law obligated the Council of Ministers, after receiving the budget, to submit it to Parliament after discussing it in mid-October,” noting that “Article 13 of the law said in the event that the general budget law is not approved until December 31 ( December) The Minister of Finance issues instructions for the disbursement of 1/12 of the total expenditures.
And he indicated that "the above law authorized the submission of the final accounts for the previous year and their approval by Parliament in the event of a delay in budget legislation."
Repercussions and impact of the delay
The Iraqi Political Economic Center revealed the repercussions and impact of the delay in approving the 2022 budget on the Iraqi economic situation in general.
The director of the center, Wissam Hadmal Al-Helou, said in a statement, "The economic situation in Iraq suffers from economic problems, and the delay in approving the budget until now due to the political blockage between the political blocs, will negatively affect the life of the Iraqi citizen."
Al-Hilu indicated that "the law of 12/1, which is currently followed by the Iraqi government, is a business conduct only, and is no longer sufficient to manage the Iraqi state's expenditures, because the construction of the 2021 budget was based on the price of a barrel [You must be registered and logged in to see this link.] set at 45 dollars, and today oil prices have reached more than 100 dollars, according to According to the data, prices are on the rise and fluctuations due to the Russian-Ukrainian war."
Al-Helou believed that "the global economic situation requires Iraq to create a new economic mechanism and enact new economic laws in line with the current economic and political events in the world, in order to achieve sound economic security reinforced by governmental economic committees and with the participation of Iraqi private sector institutions and a number of experts and specialists in the economic field." Provided that the committees are real, not formal, ineffective and not influential in the government decision, and the tasks of the committees are to follow up and monitor global markets and economic variables and come up with studied economic proposals that work to alleviate the burdens of the Iraqi citizen.
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"The current government will not submit the budget law to the House of Representatives and will leave it to the next government."
[size][You must be registered and logged in to see this link.]
Fri April 15 2022 5:05
[You must be registered and logged in to see this image.]
The current government will not submit the budget law to the House of Representatives (AFP)[/size]
The political blockage that [You must be registered and logged in to see this link.] suffers from has caused delays in approving the [You must be registered and logged in to see this link.] , even though the country suffers from many economic problems and that its delay will negatively affect the life of the Iraqi citizen. The political debate continues over the mechanism of sending the budget by the caretaker government to the House of Representatives for approval.
In this regard, the Ministry of Planning announced, Thursday, April 14, 2022, that the current government will not submit the budget law to the House of Representatives.
The technical representative of the ministry, Maher Hammad, told the official agency, "The current government will not submit the budget law to the House of Representatives, but will leave it to the next government." He added that "the emergency support law will deal with food security and projects until the adoption of the new budget."
Authorizing a government to send the budget
The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, announced, on Tuesday, March 12, 2022, that Parliament will vote to authorize the caretaker government to send the budget law to the House.
Al-Zamili stressed that "the emergency food security and development law will not be a substitute for the budget, and it came to a certain stage with the aim of addressing the most prominent emergency cases and issues for the country," noting that "the council will vote on authorizing the caretaker government to send the draft budget law for the current year, as well as laws The task that urgently needs the citizens of the House of Representatives.”
He called on "the Finance Committee to provide the Presidency of the Council with the final version of the draft law after the necessary amendments have matured, so that it is included on the agenda of the nearest session to vote on it as well."
The head of the caretaker government, Mustafa Al-Kazemi, had called on the political forces to work hard to agree on a formula for forming the government, carrying out its duties, working on preparing the 2022 budget, and fulfilling its obligations towards citizens.
Legislation of the budget law
In turn, the legal expert, Ali Al-Tamimi, clarified about the possibility of the caretaker government sending the general budget law to Parliament.
Al-Tamimi said in a press statement, "The necessity requires legislating the budget law, as it relates to people's livelihood and livelihood, and despite the fact that the government is a day-to-day management government that does not have the right to propose a draft budget law, but the higher interest and food security, which is one of the first priorities of the government of daily affairs." They enjoin that."
[rtl]He added that "Article 62 of the Constitution requires the government to submit the final accounts to Parliament before approving the budget," noting that "Article 8 of the Financial Management Law No. 6 of 2019 required the Ministry of Finance and Planning to submit the draft general budget law to the Council of Ministers in early September ( September) of each year. [/rtl]
Al-Tamimi explained that “Article 11 of the Financial Management Law obligated the Council of Ministers, after receiving the budget, to submit it to Parliament after discussing it in mid-October,” noting that “Article 13 of the law said in the event that the general budget law is not approved until December 31 ( December) The Minister of Finance issues instructions for the disbursement of 1/12 of the total expenditures.
And he indicated that "the above law authorized the submission of the final accounts for the previous year and their approval by Parliament in the event of a delay in budget legislation."
Repercussions and impact of the delay
The Iraqi Political Economic Center revealed the repercussions and impact of the delay in approving the 2022 budget on the Iraqi economic situation in general.
The director of the center, Wissam Hadmal Al-Helou, said in a statement, "The economic situation in Iraq suffers from economic problems, and the delay in approving the budget until now due to the political blockage between the political blocs, will negatively affect the life of the Iraqi citizen."
Al-Hilu indicated that "the law of 12/1, which is currently followed by the Iraqi government, is a business conduct only, and is no longer sufficient to manage the Iraqi state's expenditures, because the construction of the 2021 budget was based on the price of a barrel [You must be registered and logged in to see this link.] set at 45 dollars, and today oil prices have reached more than 100 dollars, according to According to the data, prices are on the rise and fluctuations due to the Russian-Ukrainian war."
Al-Helou believed that "the global economic situation requires Iraq to create a new economic mechanism and enact new economic laws in line with the current economic and political events in the world, in order to achieve sound economic security reinforced by governmental economic committees and with the participation of Iraqi private sector institutions and a number of experts and specialists in the economic field." Provided that the committees are real, not formal, ineffective and not influential in the government decision, and the tasks of the committees are to follow up and monitor global markets and economic variables and come up with studied economic proposals that work to alleviate the burdens of the Iraqi citizen.
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