Parliament’s finances indicate a “major disaster” and host two ministers in the Sudanese government
Parliament’s finances indicate a “major disaster” and host two ministers in the Sudanese government
2023-10-01 07:27
Shafaq News/ The head of the Finance Committee in the Iraqi Parliament, Atwan Al-Atwani, revealed on Sunday the details of hosting the governors of governorates that are not organized into a region, in the Parliament building, and while he pointed out that there was a significant delay regarding financing ongoing projects, he considered this a “major disaster.”
Al-Atwani told Shafaq News Agency, “The Parliamentary Finance Committee will, tomorrow, Monday, host the Ministers of Planning and Finance to seek clarification regarding many questions and questions raised by the governorates and members of the Finance Committee.”
He added, “There is a delay in the launch of funding for many ongoing projects, and this is in fact wrong and unacceptable,” noting that “the Prime Minister and the government program confirm that ongoing projects are proceeding in a normal manner and quickly completing work and providing services to citizens.”
According to a statement received by Shafaq News Agency, the Chairman of the Parliamentary Finance Committee indicated, while hosting the governors in the Finance Committee, that there was a clear failure to release financial allocations to the governorates and ministries, indicating that “the current government raised the slogan of a national service government, and therefore the committee does not allow the problem of delaying the disbursement of allocations to continue.” Finance.
For the first time in its history, Iraq approved a three-year financial budget in a single draft law, which Parliament voted on last June. The government defended the step by saying that it aims to develop plans for important projects in the country, in addition to avoiding the problem of delaying the approval of financial budgets every year for several months.
The budget for the current year and the next two years, according to the budget law, amounted to 153 billion dollars, with an expected deficit of up to 48 billion dollars, and the oil price was approved at 70 dollars per barrel, as Iraqi oil exports constitute more than 96% of Iraq’s financial imports.
After several months have passed since its approval date, the tripartite budget allocations have not been launched on the ground yet, which has opened the door to speculation and questions about the reasons behind the delay in implementing its provisions.
shafaq.com
