Parliament’s Finance Committee ends debate on Article 12 of the budget
Parliament’s Finance Committee ends debate on Article 12 of the budget
2025-01-19
The Parliamentary Finance Committee announced today, Sunday, its vote to amend Article 12 of the draft general budget law. The committee’s statement stated that “the Parliamentary Finance Committee, headed by Atwan Al-Atwani, held a meeting today, Sunday 19/1/2025, to continue amending the Federal General Budget Law included on the agenda of the Council’s session to vote on it.”
Al-Atwani indicated, according to Al-Ban, that “the committee held several meetings dedicated to studying the amendment of Article 12 related to the export of the region’s oil and the costs of production and transportation, stressing that advanced stages have been reached in this regard in preparation for putting it to a vote in the council, noting that the amendments relate to Article 12 and not to the budget schedules.”
The committee stated that “a number of observations and proposals were discussed, and it stressed the importance of proceeding with the legislation of the law related to Article 12 in a way that ensures that all parties are obligated to implement its outcomes and achieve the public interest.”
The interventions also focused, according to the statement, on “Article 12 and discussed in detail issues related to the consulting company, determining time periods, and production and export costs, indicating the need to develop a well-thought-out plan based on the proposed texts, with the possibility of amending them to address obstacles and ensure the achievement of the law’s objectives.”
The committee voted within it to “amend Article 12 of the draft general budget law regarding the costs of producing and exporting oil from the Kurdistan Region, in preparation for voting on it in the session currently being held.”
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