Parliamentary Finance: Investment projects will stop until the 2022 budget is passed

Parliamentary Finance: Investment projects will stop until the 2022 budget is passed

Tuesday 21 September 2021 | 01:09 PM

Parliamentary Finance - Investment projects will stop until the 2022 budget is passedA member of the Parliamentary Finance Committee, Ahmed Hama, confirmed, on Tuesday, that investment projects in the country will stop during the coming period until the passage of the draft law on the general federal budget for the country for the year 2022 by the new House of Representatives .

Hama said, “The court cannot stop the implementation of all paragraphs of the 2021 budget law, and therefore it is in effect as long as no decision is issued by it regarding the articles that the government has challenged with regard to articles (4, 12, 60, 50) and some other articles .”

He added that “the court’s decision, if issued, will obligate the application to stop the implementation of those articles,” stressing that “the court’s procedures are normal and there is no legal dispute in it .”

And he indicated that “the delay in approving the draft budget 2022 will affect the Iraqi citizen in particular and the investment projects in the country, because what will be spent are operating expenses only.”

aynaliraqnews.com