Including the deduction of salaries … 15 items in the budget need to be amended

Including the deduction of salaries … 15 items in the budget need to be amended

2021-01-10 02:07

Including the deduction of salaries ... 15 items in the budget need to be amendedShafaq News / The Parliamentary Finance Committee held a meeting on Sunday to study the draft general budget bill for the fiscal year 2021, which the Parliament completed its first reading yesterday.

A source told Shafaq News, “The meeting aims to identify the paragraphs that need to be modified.”

He pointed out that “there are approximately 15 paragraphs that need to be modified, including tax deduction for employee salaries and investment expenditures.”

The First Deputy Speaker of Parliament, Hassan al-Kaabi, held a meeting with heads and representatives of political blocs to discuss the provisions of the budget law in preparation for the second reading in tomorrow’s session, Monday.

Yesterday, Saturday, the Iraqi parliament ended the first reading of the draft federal budget bill for the fiscal year 2021.

For his part, Parliament Speaker Muhammad al-Halbousi instructed the Finance Committee to provide fairness to those covered by Resolution 315, all daily contracts and employees, lecturers in all ministries and departments, and the necessary action within the 2021 budget, according to the official Al-Sabah newspaper.

The Iraqi government approved the draft project last month and sent it to Parliament for discussion and approval in the coming weeks.

According to the draft seen by Shafaq News, the budget is 164 trillion dinars, with a fiscal deficit of 71 trillion.

The budget was based on an estimated price of $ 42 per barrel of oil and an export rate of 3.250 million barrels per day, including 250,000 barrels from the fields of the Kurdistan Region.

shafaq.com