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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Parliamentary Finance: The delay in sending the budget to Parliament exceeded all justifications

    Rocky
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    Parliamentary Finance: The delay in sending the budget to Parliament exceeded all justifications Empty Parliamentary Finance: The delay in sending the budget to Parliament exceeded all justifications

    Post by Rocky Fri 10 Mar 2023, 9:41 am

    [size=45][size=41]Parliamentary Finance: The delay in sending the budget to Parliament exceeded all justifications[/size]
     14 minutes ago
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    The Parliamentary Finance Committee confirmed that the government's delay in sending the law exceeded all justifications, while stressing the need to expedite the completion of the draft budget.
    Cougar said in a press interview seen by “Takadam” that “the Kurdistan region’s share of the federal budget is not the core point of contention, and it is possible to pass the budget even without the consent of the Kurds, as happened in previous years.”
    He added, “Indications indicate that there is no optimism about the imminent sending of the budget law, as the government was able to do so for a while, and it was able to send it since the end of last year, and the variables that some invoke only take days, including the issue of adjusting the dollar exchange rate, or changes in oil prices.” in the global market.”
    Cougar pointed out that “changing the exchange rate led to an increase in the deficit rate, estimated at between 12 to 15 trillion dinars, and the government was faced with only two options, either pressing unnecessary expenditures, or canceling some doors, and these measures do not require a delay of about three months.” .
    Cougar explained that “Parliament gives the budget its right, from studying and discussing all paragraphs and numbers, and this is considered at the core of parliamentary work, and its responsibility begins from the day it officially received the budget, through the first and second readings and then discussions and approval,” noting that “the ball is in the government’s court.” Considering that the preparation of the budget is the exclusive responsibility of the executive authority represented by the Federal Council of Ministers.
    And he continued, “Discussions on the budget within Parliament, after reaching it, will not take long, given that there is a majority that forms the government and agreed in advance on all points within the State Administration coalition.”
    And Cougar concluded, that “the tasks of the House of Representatives on the law are to transfer between the chapters of the budget or reduce its total amounts, but if it wants an increase, then this depends on two conditions that are achieved together, namely the existence of a necessity for this increase and the approval of the Council of Ministers.”


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