Parliamentary Finance explains the reasons for the delay in the Iraqi budget

Parliamentary Finance explains the reasons for the delay in the Iraqi budget

3-28-2024

Parliamentary Finance explains the reasons for the delay in the Iraqi budgetInformation/Exclusive..
Today, Thursday, the representative of Parliamentary Finance, Jamal Kujar, explained the reasons for the delay in sending the budget from the Ministry of Finance to the Iraqi Council of Representatives.
Cougar said in a statement to the Al-Ma’louma Agency, “The Minister of Finance did not explain to the Finance Committee the reason for the delay in the budget, while the Minister of Planning explained to the Council that the deficit in the monetary supply is one of the reasons for the delay.”

He added, “The 2024 budget schedules were included in the tripartite budget presented by the government in 2023, which means that the file has been decided in advance and does not need to be delayed.”
Economists believe that delaying the budget may affect the country’s economic situation and the progress of the urban process launched by the Iraqi government earlier.

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