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[rtl]Baghdad begins to review the budget of the Kurdistan region of Iraq[/rtl]
economy , 08/03/2023 10:42 , Number of readings: 303
economy , 08/03/2023 10:42 , Number of readings: 303
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[rtl]Baghdad-Iraq today:[/rtl]
[rtl]The federal government and the Kurdistan Regional Government signed a joint work agreement to review the regional government's budget, starting today, Thursday.[/rtl]
[rtl]The KRG has submitted its reference balance to the Iraqi Ministry of Finance since July 16, Omid Sabah, chief of the cabinet office in the KRG, told the government's semi-official media. [/rtl]
[rtl]He pointed out that "the scales were set according to the wishes and standards of the federal government, which was the desire of the Kurdistan region as well, and for this purpose, a technical team visited Baghdad and received the standards, and this includes a review of the first five months of this year in one package.” [/rtl]
[rtl]He explained that "the Kurdistan Region sent an official letter to Baghdad, in return, in the event of any criticism, the federal government should notify the Kurdistan Regional Government in writing." [/rtl]
[rtl]He also said, “It is not the duty of the Federal Ministry of Finance to audit and review the general budget of the Kurdistan region, but the federal financial control according to the Federal Budget Law in coordination with the financial control of the Kurdistan region. They should audit and review the general budget of Iraq, including the region's budget." [/rtl]
[rtl]He explained that "what happened is a kind of lack of experience and division of labor by the federal government and the authorities related to the budget." [/rtl]
[rtl]He added that "the technical delegation of the Kurdistan Regional Government is in Baghdad and signed a memorandum with the federal technical delegation regarding the trial balance, and the entire issue is scheduled to be audited today, Thursday." [/rtl]
[rtl]The Chief of the Cabinet Office stressed that "the situation is sensitive, and officials and parties must act professionally."[/rtl]
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