Parliamentary Finance: The budget will be applied and implemented retroactively for the past months

Parliamentary Finance: The budget will be applied and implemented retroactively for the past months

Sunday 4 April 2021 | 09:33 am

Parliamentary Finance - The budget will be applied and implemented retroactively for the past monthsA member of the Parliamentary Finance Committee, Muhammad al-Shabki, indicated that the budget will be applied and implemented retroactively for the past months that were not enacted, pointing out that the budget must be effective from the first of last January .

Al-Shibki said, “The federal budget for 2021 is supposed to be published in the Iraqi newspaper Al-Waqa’yat after Parliament settled it and voted on it in general .”

He added that “the budget is considered effective from the first of January of the year 2021, despite the parliament voted on it on the 31 of last March .”

He explained that “the budget is applied and implemented retroactively for the past months, after Parliament voted on it after exceeding the specified date for its implementation.”

aynaliraqnews.com