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[size=46]Parliamentary Finance expects approval of the draft budget law until after Eid Al-Fitr[/size]
Economy
14:30 - 2023-04-07
[You must be registered and logged in to see this image.]14:30 - 2023-04-07
A member of the Parliamentary Finance Committee expected the approval of the draft financial budget law until after Eid Al-Fitr.
Jamal Cougar said: "Until now, it is not known how long the budget will need for approval, but we expect that it will need between 20 days to a month," that is, after the blessed Eid al-Fitr holiday.
He added, "The preparation and legislation of the budget took the first half of the current year, so it does not lose its importance because this period from the operational side was spent on the basis of the State Administration Law 1/12."
Cougar pointed out, "Only the investment side was affected, and this can be compensated by withdrawing its amounts."
The House of Representatives had finished at dawn on Wednesday the first reading of the draft federal budget law for the Republic of Iraq for the fiscal years 1023, 2024 and 2025, and it is likely that it will proceed with the second reading in the coming days.
The government praised "the national and responsible position of the House of Representatives by completing the first reading of the draft general budget for the years 2023, 2024, and 2025."
Government spokesman Basem Al-Awadi said in a statement, "This interaction clearly indicates a spirit of high understanding by the people's representatives for the responsibility entrusted to them and their good appreciation for the conditions our country is going through and its urgent need to expedite the ratification of the budget, to take its way to implementation and enable the government to meet the needs." essential for citizens.
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