2027 Budget: Parliament rebukes the Minister of Finance and decides to summon him.
2027 Budget: Parliament rebukes the Minister of Finance and decides to summon him.
2026-10-04
Shafaq News – Baghdad
On Sunday, the parliamentary finance committee decided to host Finance Minister Faleh Sari to discuss the priorities of the 2027 federal budget law and the date it will be sent to the House of Representatives. The committee expressed its displeasure with the minister for not communicating with the committee and informing it of the articles and draft of the law.
Member of Parliament’s Finance Committee, Bassem Al-Gharabi, told Shafaq News Agency that “the Finance Committee met today and decided to host the Minister of Finance to discuss the priorities of the Federal Budget Law for the year 2027 and when it will be sent to the House of Representatives.”
He added that there is “a grievance against the Minister of Finance for not communicating with the Parliamentary Finance Committee and informing the committee about the articles and draft of the budget law,” stressing: “We are one team, and we are supposed to work together to pass the budget law.”
Al-Gharabi indicated that the date for hosting the Minister of Finance in the committee “will be determined as soon as possible,” with the aim of reviewing the size of the budget and oil and non-oil revenues, as well as the size of operational, public and investment expenditures.
For his part, MP Ahmed Al-Saadi, from the Al-Hikma parliamentary bloc, told Shafaq News Agency: “Today I met with the Minister of Finance to inquire about the general budget law for the year 2027,” indicating that the budget “contains clear and new qualitative objectives that differ from previous budgets.”
Al-Saadi added that the Minister of Finance informed them today, “officially, that the budget law includes 100,000 job positions for appointment on a contractual basis, most of which will go to older graduates.”
He explained that “the 100,000 job positions will be distributed across all Iraqi governorates according to the population ratio of each governorate,” noting that “all contracts in all ministries and state departments will be made permanent in the budget law.”
The Finance Committee of the Iraqi Parliament had previously expressed its deep dissatisfaction with the mechanism used in preparing the draft of the Federal General Budget Law for 2027, due to the Ministry of Finance referring the draft to the Council of Ministers without prior consultation and coordination with Parliament.
According to the Federal Financial Management Law, the draft budget was supposed to be submitted to the Cabinet at the beginning of September (last month), and then referred to Parliament by mid-October (this month) for approval, with the draft reaching the House of Representatives on the 15th of this month.
The Parliamentary Finance Committee held a meeting today, Sunday, to discuss the requirements of the draft budget before its approval and voting within the committee, in addition to hosting the Ministers of Finance and Planning and inviting the relevant Directors General in the two ministries to brief the committee on the necessary details and data.
The committee also discussed requesting documents and information from the Ministries of Finance, Planning, and Oil, the Central Bank of Iraq, and reports from the Federal Board of Supreme Audit, as well as determining the list of documents that must be attached to the draft law and the timetable for studying it.
shafaq.com
