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Including the political conflict.. Expert: 5 challenges facing approving the 2023 budget
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Economy News-Baghdad
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Added 04/17/2023 - 9:22 PM
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Economy News-Baghdad
On Monday, economist Nabil Al-Ali identified 5 challenges facing the approval of the 2023 budget.
Al-Ali said in a post on Facebook, "The general budget presented to the House of Representatives faces a political disagreement over the shares of wealth distribution. The government seeks to increase the shares and allocations of ministries at the expense of the shares and allocations of governorates."
He added, "Sunni political parties seek to increase the allocations of the provinces (development of regions) and shares (the fund for the reconstruction of liberated provinces)," noting that "the Kurdish parties are pushing for approval of the budget and they are satisfied with what is included in the budget version."
He pointed out that "some Shiite parties (within the coordination framework) are afraid to approve a budget for three years, fearing that the Sudanese will sign an open-ended exchange instrument for three years, from which the Sudanese will benefit to enhance his political status and influence during the coming years at the expense of other Shiite parties."
He pointed out that there are "technical parliamentary objections related to the size of the operating budget estimated at 150 trillion, while it could be around 105 trillion only at the highest estimate."
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Added 04/17/2023 - 9:22 PM
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