Parliamentary Finance reveals amendments to the budget schedules to be announced in the middle of this month
Parliamentary Finance reveals amendments to the budget schedules to be announced in the middle of this month
2-5-2024
Information / Baghdad..
Member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, announced on Monday that the current month will witness the arrival of amendments to the budget schedule for the current year to the House of Representatives.
Al-Kadhimi told Al-Maalouma, “The mini-economic council formed by the Council of Ministers is in the process of putting the final touches to amending the budget schedules for the current year, and it is likely that the amendments will reach Parliament in the middle of this month for approval.”
He added, “The government’s amendments included an increase in financial allocations for the food ration, an increase in oil production costs, and an increase in social welfare allocations.”
Member of the Parliamentary Finance Committee, Representative Mustafa Al-Karaawi, explained that the tripartite federal budget for the years 2023, 2024, and 2025 stipulated that the House of Representatives be provided with updated tables for the 2024 budget in order to discuss the issue of increase or decrease in financial allocations according to expected revenues and according to the fixed oil price.
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