Parliamentary Finance: The government’s delay in preparing the 2021 budget violates the law
Parliamentary Finance: The government’s delay in preparing the 2021 budget violates the law
9/29/2020 8:50
Where News _ Baghdad
A member of the Parliamentary Finance Committee, Jamal Ahmed, stressed the need to prepare the 2021 budget and submit it to Parliament before October 15, in order not to violate the Financial Management Law, pointing out that the delay in preparing the current year’s budget has caused disruption to preparing the 2021 budget
. To / Where News /, “The government needs time to prepare the new budget for 2021, at a time when the budget for this year has not been completed, as there is an unjustified delay.”
He added that “the Financial Management Law confirms that the government must submit the budget to Parliament before October 15, while the current year’s budget did not vote on it.”
And that “Parliament will vote on two budgets within a record time, as it is assumed that the budget will be presented next year during the next few days in order not to violate the law,” noting that “the budget deficit should not exceed 3% of the GDP while there is a violation of the law in Budget 2020 due to the deficit in it.
alliraqnews.com
