Legal expert: The deficit financing law does not require the approval of the President of the Republic

Legal expert: The deficit financing law does not require the approval of the President of the Republic

Saturday 14 November 2020 | 08:53

Legal expert - The deficit financing law does not require the approval of the President of the RepublicLaw expert Ali Al-Tamimi affirmed that the law on financing the fiscal deficit, which the parliament voted on, is a promise that is enforceable from the date of the vote on it, and does not need the approval of the President of the Republic. ”Al-Tamimi explained in a statement,“ The increases in this law in funds by Parliament constitute an increase over what the government has proposed from Amounts, and this contradicts the Federal Court’s decision in this regard. ”He added that the Kurdistan region has two solutions, as for the appeal before the Federal Supreme Court and waiting for the quorum to be completed after modifying its law and requesting that the decision be made in a timely manner retroactively, or the problem is solved with the central government through negotiation and amendment of this law Regarding the possibility of appeal to the International Court of Justice, Al-Tamimi explained: According to Articles 36 and 38 of the Statute of the International Court of Justice, it examines differences between states or gives referendum consultations, as it does not deal with parts of states and its differences with states, as happened between Britain and its dispute with Argentina regarding Falkland Island

aynaliraqnews.com