Parliamentary Finance: Approval of the budget will take place during the current month
Parliamentary Finance: Approval of the budget will take place during the current month
2023-05-06
A member of the Parliamentary Finance Committee, Maan Al-Kazemi, confirmed that no final agreement has been reached on the percentage of reducing the budget deficit, but it could reach 18 trillion dinars.
Moein Al-Kadhimi said in a press statement: “At this stage, the committee is hosting ministers, and through these hosting and reviewing schedules, we will seek to reduce the deficit as much as possible, primarily in the operational field, that is, the commodity and service consumption of the ministries of furniture, which has taken a significant trend in increasing allocations.”
He added, “There was no final agreement on the percentage of deficit reduction, but it could reach 18 trillion dinars.”
And he indicated, “The committee is trying to make the reduction professionally and according to unnecessary chapters,” noting that “the approval of the budget will take place during this month (May) and will not exceed it.”
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