Parliamentarian: The budget will not reach Parliament, and the government is still funding 2023 projects.
Parliamentarian: The budget will not reach Parliament, and the government is still funding 2023 projects.
7-21-2025
Al-Maalouma / Special..
Representative Basem Al-Gharabi confirmed on Monday that the draft budget law for 2025 may not reach parliament at the present time, pointing to the financial problems facing ministries, especially in the area of investment financing.
Al-Gharabi said in a statement to Al-Maalouma Agency, “The current financial situation does not allow for the submission of budget tables for 2025, and Finance Minister Taif Sami confirmed that there are problems in financing ministries, and that the projects added in the years 2024-2025 have not yet been covered.”
He added that “the government is still funding 2023 projects, and there is an agreement with the Kurdistan Region to sell about 250,000 barrels of oil through SOMO, with the revenues allocated to the salaries of the region’s employees.” He indicated that “the process of selling oil and transferring revenues to salaries may take two months, according to what the Minister of Finance stated.”
It is noteworthy that the House of Representatives hosted the Minister of Finance yesterday to discuss the budget tables and the reasons for the delay in submitting them.
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