Parliamentary Finance sets the date for the first reading of the budget[You must be registered and logged in to see this link.] |Yesterday, 20:5[You must be registered and logged in to see this image.]
A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, announced on Sunday evening that the draft financial budget law will be presented for the first reading in the House of Representatives during the next week.
Al-Kazemi said in a televised statement: "It is hoped that next week will be the date for the first reading of the budget in the House of Representatives, and since today it has been considered on the agenda of the House of Representatives, and tomorrow we have a meeting with the Ministry of Finance and the acting staff to discuss the draft law."
He added, that the size of the budget " amounted to 199 trillion dinars, but it must be reviewed because of the large financial deficit in it."
Al-Kazemi explained, "The share of the Kurdistan region amounted to 12.67%, approximately 16 trillion dinars, and they have a debt of 400 billion dinars, in addition to calculating 400 thousand barrels of oil per day with the revenues of the outlets and collection, and all of this will be deducted within the total amount according to the agreement between Baghdad and Erbil, and the Finance Committee will review these numbers." ".
He expected "the need for the budget to be approved in Parliament from a month to 45 days to pass it fully," suggesting "the occurrence of objections to the political blocs on the budget, and we will seek understanding and convergence of points of view."
Al-Kazemi stressed, "The government must look at all governorates and components with a fair view, and this is what we see in the draft budget."
Today, Sunday, the Parliamentary Finance Committee received the draft financial budget law, 17 days after it reached the House of Representatives.
It is noteworthy that the government, through its official spokesman, Basem Al-Awadi, urged today, Sunday, the House of Representatives, the need to expedite the approval of the budget and not to make an amendment or report in its items.
Al-Awadi said in a statement: “The government is fully convinced of the foundations on which the budget was based, and accordingly it finds it necessary to draw the attention of representatives to the importance of keeping the budget in the form on which it was built, that is, for three years, and the government cannot continue its approach except with what the three years give flexibility in Coverage of strategic projects related to important service infrastructure.