“No budget for 2025.” The Parliamentary Finance Committee announces its forecasts and identifies the reasons.
“No budget for 2025.” The Parliamentary Finance Committee announces its forecasts and identifies the reasons.
2025-04-24 09:06
Shafaq News/ The Parliamentary Finance Committee identified, on Thursday, the reasons for the delay in sending the federal general budget to the House of Representatives for approval so far. It also expected that there would be no budget for 2025 in light of the lack of a genuine government will to send it to Parliament.
Committee member Adi Awad told Shafaq News Agency, “The 2023 budget law obliges the Council of Ministers to send the budget law tables to the House of Representatives for approval.”
Regarding the reasons for this delay, Awad explained that “the political situation, the impending elections, and the lack of political will to approve the budget law’s schedules contributed to its delay.”
The MP predicted, “There may not be a budget for 2025 due to the government’s lack of genuine will to submit it to Parliament.”
On April 18, a member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, told Shafaq News Agency that the government was “not serious” about submitting revised budget schedules for 2025.
It is noteworthy that the Prime Minister’s financial and economic advisor, Mazhar Mohammed Salih, told Shafaq News Agency on April 16 that the reason for the delay in sending the 2025 budget tables to the Council of Representatives until now is due to “amendments related to the costs of extracting and transporting the Kurdistan Region’s oil, which required re-evaluating the calculation methods.”
Saad al-Nubi, a member of the Parliamentary Finance Committee, told Shafaq News Agency on April 15 that he was surprised by the government’s delay in sending the budget law tables to the House of Representatives. He explained that “the budget was supposed to reach Parliament before the end of last month,” noting that “the committee pressured the Minister of Planning and the Minister of Finance, asking them to explain the reason for the delay in sending it, but they have not received any response so far.”
shafaq.com
