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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to appro

    Rocky
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    Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to appro Empty Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to appro

    Post by Rocky Sat 24 Dec 2022, 4:51 am

    Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget



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    2022-12-23 06:59
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    Shafaq News/ On Friday, a member of the Parliamentary Legal Committee, Salem Ibrahim Al-Anbuge, counted the fluctuation of the exchange rate of the dollar in the market as the most important problems facing approving the financial budget for the year 2023, expecting it to be approved in late March or early April.
    Al-Anbuge told Shafaq News agency, "The budget law and its draft are still with the government, and it has not reached Parliament yet, and its provisions have not been finally clarified, which requires expediting its submission to Parliament and presenting it with several readings to reach a final formula for approval."



    He added, "The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early."
    Al-Anbuge said it was likely that the budget would be approved and agreed upon between the parliamentary forces during March or April of next year, adding that "there may be early agreements as a result of the keenness of the political forces to approve the budget in response to popular pressure and the basic living and entitlements of the citizen."
    Iraq confirms that the budget for the year 2023 will cross the threshold of 100 billion dollars for the first time in years, due to the large financial revenues available to Iraq.
    It is noteworthy that the financial budget for the current year 2022, which is nearing completion, was not approved by the Council of Ministers and Representatives due to the turmoil that Iraq witnessed after the early elections in October 2021, which escalated to dangerous levels that ended with the events of the Green Zone, with armed confrontations between supporters of the Sadrist movement and the forces. security forces, which claimed dozens of lives and injured hundreds.
    After the end of the crisis, with the agreement of the political blocs to elect the President of the Republic and to grant confidence to the government of Prime Minister Muhammad Shia’a al-Sudani, the latter pledged that he would present the draft federal budget law for the year 2023 as soon as possible.
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