Deputy for the framework: Parliamentary agreement to return the budget to the government[You must be registered and logged in to see this link.] |Yesterday, 22:12 [You must be registered and logged in to see this link.][You must be registered and logged in to see this image.]
Baghdad today - Baghdad
The representative of the coordination framework, Intisar al-Mousawi, revealed the existence of a parliamentary agreement to return the financial budget for the current year 2023 to the government and not to proceed with its reading.
Al-Moussawi told (Baghdad Today) that: "The government cannot exclude the parliament's work. It is not correct to legislate the budget law for three years and keep the parliament without clear work because the budget is one of its most important annual works."
She added, "The budget will return to the government because it has some shortcomings, and we will wait for it to be returned to parliament as an annual budget."
It is noteworthy that the Council of Ministers, on March 13, approved the draft federal budget law for the years 2023-2024-2025 at once and referred it to the House of Representatives for passage, in a precedent that is the first of its kind in the country’s history.
On the 16th of this month, the House of Representatives received the draft budget law.
Prime Minister Muhammad Shia’a al-Sudani justified the approval of three financial budgets at once, contrary to what is customary, that it was in order to “support financial stability,” adding that the one-year budget approached 198 trillion dinars (140 billion dollars, given that the price of the dollar is 1320 dinars). , and it will iterate based on the variables.
According to Al-Sudani, the total revenues of the financial budget for one year amounted to more than 134 trillion dinars, of which 117 trillion dinars were made from oil revenues, while the largest budget deficit in the country’s history amounted to 63 trillion dinars.