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Representatives are calling for the speedy sending of the budget
Iraq 2023/03/07
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Muhannad Abdel Wahhab
Members of the House of Representatives called on the government to quickly send the Federal General Budget Law 2023, saying that delay in this matter will negatively affect the implementation of its provisions and that it is not in the interest of citizens, expecting that the supposed ceiling for the budget will reach 195 trillion dinars at an assumed price of $65 per barrel of oil.
A member of the Finance Committee for the “Ishraqa Canon” bloc, Mustafa Al-Karawi, said, in an interview with “Al-Sabah”: “The budget is still in the corridors of the government and has not yet reached the House of Representatives, and the government continues to delay it, and therefore this will negatively affect its implementation after its approval, on Considering that the remainder of the year 2023 may not be sufficient to implement its provisions, because many matters need to be quickly implemented during the real fiscal year.
A member of the Finance Committee criticized what he described as "the government's continued delay in sending the budget," calling on it to send it as soon as possible "so that we can approve it and benefit the citizen," noting that "until now, there is no documented information in the House of Representatives about the date of the arrival of the budget, There are indications that the budget ceiling will reach 195 trillion dinars, and the price of a barrel of oil could be 65 dollars and the exchange rate of the dollar 1320 dinars, according to the information available from the government.
As for the inconsistency in the exchange rate of the dollar between its sale in government banks and the local market, he stressed that "the real problem is not in the problem of the exchange rate for internal cash transactions, but rather in external remittances, because they represent the largest percentage of transactions."
Al-Karawi explained that "99% of the Iraqi citizen's consumption comes through imports, and thus affects the exchange rate, given that foreign transfers will be outside the controls, because many companies and merchants were not registered with taxes or government institutions, and there are no official documents sent to the exporting authorities, so The government must find a solution to this issue in the correct ways in managing the file of sent documents, invoices and foreign transfers, so that on the basis of which control over the exchange rate inside Iraq is carried out.
For his part, independent MP Amir Al-Mamouri confirmed, “The delay in the process of sending the budget is very clear, and the government may have faced some challenges in the issue of the exchange rate of the dollar, but now it is stable on the part of the government, so the government had to speed up the process of sending the budget to the House of Representatives.” Especially since the year 2022 did not witness the existence of a federal budget, and until now, the budget for 2023 has not been sent.
Al-Mamouri added, in an interview with "Al-Sabah", that "there was confirmation from the House of Representatives to urge the government to expedite sending the budget, but unfortunately, so far, nothing of this kind has been achieved, and we are waiting for it to be sent during the coming days of the current month of March."
He pointed out that "with the arrival of the budget, we will have opinions regarding the joints it contains that need to study the paragraphs, and answer its items to the question of whether, after this delay, it will achieve our ambition to provide what is required in the service and health sectors and other matters."
Member of the Legal Committee, Abd al-Karim Abtan, stated that "the House of Representatives is waiting for the budget to be sent by the government, and it is the one that agrees and sets standards in its sections, and after the Council of Ministers approves it and sends it to Parliament, we read it, amend it, and send it to vote after reading."
Abtan confirmed, in an interview with "Al-Sabah", that "delaying the budget is not in the interest of the country, because the citizen, the private sector, agriculture, industry and all sectors are waiting for it to be sent and approved."
He explained, "The House of Representatives is ready for a budget and setting its vision to serve the public interest, including revitalizing the agricultural and industrial sectors, lagging projects, and youth appointments, and we will work to set some rights for retirees, all of which are calculated in the next budget."
Edited by: Muhammad Al-Ansari
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