Parliamentary Finance: Budget amendment includes only one paragraph related to the region’s oil
Parliamentary Finance: Budget amendment includes only one paragraph related to the region’s oil
12-9-2024
Information / Baghdad..
The Parliamentary Finance Committee confirmed, on Monday, that the amendment to the budget for next year 2025 will include one paragraph (12 Second C) related to the region’s oil.
Committee member MP Moeen Al-Kazemi said in a statement to Al-Maalouma Agency, “The amendment of the 2025 budget does not include paragraphs of the three-year budget law approved by the Council of Representatives, but rather included one paragraph, which is (12 Second C), which relates to the region’s oil.”
He added, “The proposed amendment was scheduled to be prepared for a second reading by the Finance Committee during yesterday’s session, Sunday, but it was postponed due to the absence of the Minister of Finance and the Ministry’s staff for the purpose of final formulation.”
Prime Minister Mohammed Shia al-Sudani called on the House of Representatives to amend the federal general budget law in order to address the issue of oil marketing in the Kurdistan Region, pointing to the daily fine that Iraq bears as a result of not exporting oil in accordance with the agreement signed with Turkey.
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