Parliamentary Finance Committee: Preparing the budget requires a fully empowered government and real resources, not “fantasy” figures.
Parliamentary Finance Committee: Preparing the budget requires a fully empowered government and real resources, not “fantasy” figures.
2026-04-28
Shafaq News – Baghdad
Jamal Kojar, a member of the Finance Committee in the Iraqi Parliament, confirmed on Tuesday that the deficit is hindering the resolution of the budget, while pointing out that budgets are based on resources and not on “fanciful figures”.
Kojer told Shafaq News Agency that preparing the budget law and sending it to the House of Representatives requires a fully empowered government, and that the current caretaker government does not have the authority to send the draft budget law to Parliament.
He added that the House of Representatives, in coordination with the government, has three options: to limit spending to the 1/12 system, to legislate a law similar to the Food Security Law, or to submit a draft budget law for the second half of this year.
Koger explained that “the total budget amount cannot be determined given that there is a financial deficit, and the important point is that budgets are based on resources and not on imaginary figures.”
The Finance Committee in the Iraqi Parliament confirmed last week that voting on the 2026 budget law is linked to the formation of the next government, the government program, and the speed with which it is sent to the Council.
Committee member Ribwar Karim told Shafaq News Agency that the committee received information from the government indicating that “there is no liquidity crisis, and that employees’ salaries are fully secured for the coming months.”
Karim added that the parliament is still waiting for the formation of the next government with full powers, so that it can present projects to confront any economic crisis in the next stage.
shafaq.com
