Despite the budget amendments being completed a month and a half ago, there’s a “possible” reason behind the delay in the schedules.
Despite the budget amendments being completed a month and a half ago, there’s a “possible” reason behind the delay in the schedules.
2025-03-17 | 03:49
More than a month and a half has passed since the 2025 budget amendment was passed, but the 2025 schedules have yet to reach Parliament, raising questions about the reasons behind them. The initial obstacle to submitting the schedules was the delay in the budget amendment, but it appears the delay stems from the same reason related to Article 12 of the budget, which was amended but did not bear fruit.
Member says Finance Committee Parliamentarian, Mustafa Al-Karaawi, told Sumaria News that “the 2025 budget schedules were supposed to arrive before the end of the fiscal year, according to the text of Article 77, secondly, of the law Financial management But the schedules have not arrived yet, which is considered a violation of this text.
He explained that “there is information that the tables will reach House of Representatives “At the end of this month,” he said, noting that “the delay in the schedules has disrupted many of the country’s economic activities, the launch of operating budgets, and the halting of projects.”
He stressed that “there are no appointments or confirmations for specific categories in the current year’s budget,” noting that “the allocations will be within the previous sections, but with different numbers, so the 2025 budget will be free of appointments.”
The delay in sending the schedules for approval was due to the awaited amendment to the budget law, particularly Article 12 related to the Kurdistan Region’s oil. After the amendment passed in early February, it was followed by significant tension and disagreements.
Despite about a month and a half having passed since the budget amendment was passed, the schedules have not yet been sent. It appears that the delay in sending the schedules is linked to the delay in resolving the issue of resuming Kurdistan’s oil exports due to the ongoing disputes between Baghdad and foreign companies in Kurdistan. The Ministry of Finance and the government are unable to confirm the final expected revenue figures due to the lack of a decision on whether or not oil will be exported from Kurdistan.
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