Parliamentary Finance reveals to Al-Kazemi its amendments to the budget and its most prominent observations

Parliamentary Finance reveals to Al-Kazemi its amendments to the budget and its most prominent observations

2/7/2021 15:13

Parliamentary Finance reveals to Al-Kazemi its amendments to the budget and its most prominent observations[Baghdad-Where]
The Parliamentary Finance Committee revealed its most prominent observations regarding the draft federal budget law for 2021.
A statement by the committee stated that it held its forty-second meeting today, Sunday, under the chairmanship of the committee’s chairman, Haitham al-Jubouri, to discuss the draft federal budget bill for 2021, in the presence of Prime Minister Mustafa al-Kazimi, the ministers of finance, planning, oil, housing, reconstruction, municipalities, works, and the Secretary General of the Council of Ministers.
The statement quoted Al-Jubouri as saying, “The work on the budget was based on five main axes, namely reducing the deficit rate and reducing expenditures in a scientific and thoughtful manner and after a thorough study that came after a meeting with most of the ministers and holding about 302 hosting at various levels, as well as maximizing oil and non-oil revenues.” .
The Finance Committee explained that “the budget that came from the government was absent from the economic character and took into account the financial aspect only, so the committee rewrote the budget strategy and made fundamental changes in it to ensure treatment of the private sector and take bold steps in this aspect and support industrial, agricultural and real estate banks, as the budget contained On a great devotion to centralization, so the committee worked to lift these restrictions. ”
For his part, Al-Kazemi praised, according to the statement, “the effort of the committee as it continues to work on discussing the budget, affirming his support for the committee as it faces a historic responsibility and pressure that it is exposed to until the law that the Iraqi street awaits are approved.”
The statement pointed out that the interventions of the members of the committee “focused on the importance of its direct supervision over the implementation of the budget to ensure its implementation in accordance with the vision it adopted and not to disrupt some paragraphs. It also took into account the development of the Iraqi economy and support its arms, including the private sector, industry and agriculture, as well as the need to work in an integrated manner between the two legislative authorities. Executive and thinking outside the fund and with economic dimensions transform government institutions from consumers who burden the public treasury to productive ones. ”

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