An upcoming meeting between Parliamentary Finance and ministers prior to amending the budget
An upcoming meeting between Parliamentary Finance and ministers prior to amending the budget
4-9-2023
Information / Baghdad..
A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed, on Sunday, the anticipation of holding several meetings with the relevant ministers to make the necessary adjustments to the budget, indicating that the budget deficit is very large and requires a reduction.
Cougar said in an interview with the information agency, that “there are many observations about budget legislation for three years within the House of Representatives.”
He added that “the budget may witness amendments to some of its items and paragraphs in light of the large deficit, and that large paragraphs should be studied, therefore we have three weeks’ time to sit with the ministers and the Minister of Finance and Planning.”
He pointed out that “the authority of the Finance Committee and the House of Representatives is first to reduce the deficit, secondly to transfer, and thirdly to add paragraphs that have no financial side.”
He explained that “Parliament will make some amendments in the paragraphs and items of the budget according to the powers granted to it without any financial additions.”
The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, has stressed the need to expedite the legislation of the budget law in a way that guarantees the rights of the governorates to implement their service projects.
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