Parliamentary Finance begins today discussing the budget, amid expectations that it will be easily passed
Parliamentary Finance begins today discussing the budget, amid expectations that it will be easily passed
2023-04-26
The Parliamentary Finance Committee announced, on Wednesday, the start of the final discussions to pass the budget after hosting the executive officials, noting that the political trends indicate the ease of passing the budget.
Committee member Mustafa Al-Karawi said, in a press statement, that “the committee begins today, Wednesday, its discussions regarding the budget,” and indicated that “the committee will go towards reducing operational budgets directly, unnecessary investment, and reducing loans.”
He expressed his hope that “such paths will help reduce the budget deficit, which is considered abnormal and could cause future economic problems for the country.”
For his part, a member of the Finance Committee, Jamal Cougar, said, “The budget will pass and the vote on it will not be delayed, especially since not all ministers will be hosted, but rather ministers who will be transferred financially to and from their ministries, and this also applies to governors and others, and that is what It reduces the time period for approving the budget.
He added, “The committee has the power to reduce and transfer, and this is what will be worked on in order to reduce the deficit,” explaining that “until now, the matter has not been resolved, as the numbers have not been checked or the concerned authorities have hosted.”
He stressed that “Al-Sudani gave all flexibility to the Finance Committee and expressed his willingness to send the advanced staff in the Ministries of Finance and Planning for the participation of the Finance Committee in its sessions that need them,” noting that “the government requested a budget for three years, so there should be a serious scrutiny of all the numbers in the budget to avoid Any mistake, and we should also be keen to reduce the deficit, because all indications say that oil prices will not remain at these numbers and will decline in the coming years.
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