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[size=52]Parliamentary Finance reveals two reasons behind the delay in sending budget schedules[/size]
- Today 11:40
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Information / Baghdad..
On Tuesday, the Parliamentary Finance Committee revealed the fact of the delay in sending the 2024 budget tables to the House of Representatives for the purpose of voting, indicating that the tables are complete, pointing out that there are two main reasons behind the delay in sending them to Parliament.
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Committee member Representative Hussein Moanis told Al-Ma’louma, “The problem with delaying the 2024 budget schedules does not lie in the completeness of its details, but rather the problem relates to two technical and monetary issues.”
He added, "The government has accomplished what it had to do, but the lack of cash is the main reason for the government's delay in sending these schedules," noting that "most of the projects have begun to stop due to a lack of financial funding."
Mu'nis explained, "The Finance Committee hopes that the government will provide sufficient cash, especially after the end of Prime Minister Muhammad Shiaa Al-Sudani's visit to Washington."
On June 12, 2023, the House of Representatives approved the financial budget law for the three years 2023, 2024, and 2025, as the budget approved more expenditures and investments as a direct result of the increase in oil revenues, which constitute 90% of the country’s revenues. Ended/25 AD
[You must be registered and logged in to see this link.]
On Tuesday, the Parliamentary Finance Committee revealed the fact of the delay in sending the 2024 budget tables to the House of Representatives for the purpose of voting, indicating that the tables are complete, pointing out that there are two main reasons behind the delay in sending them to Parliament.
[You must be registered and logged in to see this link.]
Committee member Representative Hussein Moanis told Al-Ma’louma, “The problem with delaying the 2024 budget schedules does not lie in the completeness of its details, but rather the problem relates to two technical and monetary issues.”
He added, "The government has accomplished what it had to do, but the lack of cash is the main reason for the government's delay in sending these schedules," noting that "most of the projects have begun to stop due to a lack of financial funding."
Mu'nis explained, "The Finance Committee hopes that the government will provide sufficient cash, especially after the end of Prime Minister Muhammad Shiaa Al-Sudani's visit to Washington."
On June 12, 2023, the House of Representatives approved the financial budget law for the three years 2023, 2024, and 2025, as the budget approved more expenditures and investments as a direct result of the increase in oil revenues, which constitute 90% of the country’s revenues. Ended/25 AD
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