Parliamentary finance is likely to approve the budget during this period
Parliamentary finance is likely to approve the budget during this period
11-19-2022
Information/Baghdad..
The Parliamentary Finance Committee suggested, on Saturday, that the draft budget be approved within a two-month period, indicating that there is a general desire among members of the House of Representatives to pass the budget law.
Cougar said in a statement to Al-Maalouma, “The approval of the budget for the next year will not face many difficulties, as in previous budgets, especially since the understandings of the political forces before the formation of the government have determined many of the financial entitlements of the governorates in general.”
He added, “The size of the budget for next year is not less than 150 billion dollars, especially since oil is sold at a good price in global markets, as the country relies on financing budget revenues from selling oil.”
Cougar suggested that “the budget bill will be approved within a period of two months or a little more, due to the general orientation of Parliament, which has become one orientation, and through the desire of most political blocs to pass it.”
Member of Parliament Ali Al-Bandawi revealed, in a previous statement, the approval of the Baghdad Electricity Directorate to install all the ministry’s contracts within the capital during the next year’s budget, indicating that there is a need to appoint 850,000 job grades for daily contracts and procedures in the 2023 budget.
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