Parliamentary Finance Shafaq News informs us of the reasons for the government not voting on the budget schedules

Parliamentary Finance Shafaq News informs us of the reasons for the government not voting on the budget schedules

2024-05-09 07:05

Parliamentary Finance Shafaq News informs us of the reasons for the government not voting on the budget schedulesShafaq News/ The Parliamentary Finance Committee revealed, on Thursday, the reasons for the government not voting on the 2024 budget schedules and sending them to the House of Representatives.

Committee member Muhammad Nouri told Shafaq News Agency, “The budget law schedules were supposed to be presented in the previous session of the Council of Ministers, but they were postponed due to the increase in government spending, the large deficit within the budget, and the government’s overrun of the original 2023 budget.”

He explained, “The government is currently looking to reduce unnecessary expenditures by making financial transfers and expanding non-oil financial revenues, in addition to that the government is also working to reduce the percentage of the deficit in the general budget for the year 2024, which exceeded more than 80 trillion dinars.”

Nouri expected that “the budget law schedules will be presented in the next session of the Council of Ministers and we are awaiting their approval and sending them to the House of Representatives.”

Earlier, Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, agreed with the Prime Minister, Muhammad Shiaa Al-Sudani, on the necessity of completing the schedules of the budget law for the year 2024, and expediting their sending to the House of Representatives for the purpose of discussing and voting on them, due to their connection to the lives of citizens and their focus on investment spending for new projects.

shafaq.com