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Uncertainty surrounds the date of the vote on the budget

Rocky

Rocky: Admin Assist; Posts : 253748
Join date : 2012-12-21

Post n°1

Uncertainty surrounds the date of the vote on the budget

by Rocky Wed Jun 07, 2023 6:05 am

Uncertainty surrounds the date of the vote on the budget

The first 2023/06/06
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Shaima Rasheed and Muhannad Abdel-Wahhab

While political and parliamentary statements continue regarding it, the fate of the voting date on the “general budget” has become pending and shrouded in ambiguity until the moment. Between the insistence of influential parties that have their weight in the parliamentary and political body to set a date for the voting session in the House of Representatives, others see The date horizon is still unclear.
Yesterday, Monday, Parliament Speaker Muhammad al-Halbousi met with the Secretary-General of the League of the Righteous, Sheikh Qais al-Khazali, to discuss the need to expedite the passage of the budget.
A statement by the movement stated that "during the meeting, they discussed the latest political developments and what resulted from the discussions within the House of Representatives regarding the articles of the financial budget law, stressing the need to pass the law as soon as possible because of its importance related to the lives of citizens and the completion of development projects in the country."
Meanwhile, the head of the Parliamentary Finance Committee, Atwan Al-Atwani, called on the Presidency of Parliament "to expedite the convening of a special session, to vote on the budget, during the current week."
And the deputy of the State of Law coalition, Yasser al-Maliki, announced earlier that the voting session on the budget would take place during the next two days.
And he said in a tweet on "Twitter": "After strenuous efforts, the signatures of the representatives of the State of Law coalition were collected to determine the voting session on the general budget for the year 2023 during the next two days."
On the other hand, the representative of the Kurdistan Democratic Party, member of the Oil and Gas Committee, Sabah Sobhi, confirmed that the political forces had not reached a final agreement regarding the share of the region.
A member of the Parliamentary Finance Committee, Youssef Al-Kalabi, said, for his part: “(Today, Tuesday) we will put the final touches on the draft budget law,” noting that “there is communication with the Presidency of Parliament to set the date for the special session to approve the budget law.”
And on a matter related to the file, parliamentary and political parties expressed their fears about the impact of the recent "OPEC" decision regarding reducing production for the member states of the organization, led by Iraq, on the revenues generated, and thus a negative impact on the budget.
A member of the Parliamentary Oil and Gas Committee, Bassem Naghimish, told Al-Sabah: “The problem is only in the budget for this year 2023, because according to the Financial Management Law, the first year of the three-year budget is obligatory, and in the following two years the budget is optional and can be amended with a proposal from Finance, planning, and the approval of the Council of Ministers and Representatives, so the fear is from this year only, and as for the next year, there may be an adjustment to the price of a barrel or the budget number.
And he indicated that "the current problem is also related to calculating the export of oil from the region at the rate of 400,000 barrels in the budget. If this process does not proceed, this amount can be directed internally in the domestic consumption in the refineries, because not exporting it causes a big problem, as it will increase the deficit."
On the other hand, a member of the Parliamentary Reconstruction and Services Committee, Zuhair Al-Fatlawi, told Al-Sabah: “The committee is following up on lagging projects and new projects that have been suspended due to the lack of approval of the budget,” noting that “many old and new projects await approval of the budget.”
As for the member of the committee, Representative Alaa Sukkar, he said in an interview with “Al-Sabah”: “The government must follow up on its stalled or lag projects, and coordinate with the Construction and Services Committee, which prepared plans to follow up and monitor stalled projects, including strategic projects, and their implementation is in the public interest.”
He affirmed that

Edited by: Muhammad Al-Ansari
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Established in 2006 as a Community of Reality

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Uncertainty surrounds the date of the vote on the budget

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Uncertainty surrounds the date of the vote on the budget

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