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Showing results for tags '2021 budget disscusion'.
Parliamentary Finance resolves the matter: We do not have any authority to change the price of the dollar 2021-03-21 08:51 Shafaq News / The Parliamentary Finance Committee confirmed, on Sunday, that the parliament does not have any authority to change the exchange rate of the dollar against the Iraqi dinar in the general budget law, while noting that changing the price will affect the restructuring of the budget. A member of the committee, Ahmed Hajj Rashid, told Shafaq News, "It is not possible to reduce the exchange rate of the dollar in the budget law, and any change to that will affect the restructuring of the budget and change its provisions and the articles of the law." He added that "any change in the exchange rate will cause a decrease in financial revenues in the general budget law, higher expenditures and an increase in the financial deficit," stressing that "Parliament does not have any authority to change the exchange rate."
Parliamentary Finance: To vote on the new Iraqi budget within two weeks Iraqi Parliament January 22, 2021 10:39 PM Mubasher: The Parliamentary Finance Committee confirmed today, Friday, that the vote on the new budget will take place within a week or two. MP Ahmed Hama, a member of the Finance Committee, told the Iraqi News Agency, "INA", today, Friday, that the committee has conducted a detailed and analytical reading of the materials in the budget, and all ministries, bodies and governors will agree to study the financial data and allocations. Hama added that the Finance Committee reached to raise the budget law to the House of Representatives to vote on it, pointing out that the budget will be voted on within the committee during the two weeks or next week. Hama continued, that the committee is currently studying all the articles in the budget from Article 1 to Article 58, indicating that the committee has studied the provincial budget file, and since the Provincial Council does not exist in the law, alternatives have been put in place to ratify provincial projects. He stressed that the committee has not yet agreed or voted on these alternatives, and that the topic is in the process of discussion and amendment. He pointed out that the committee did not discuss the issue of contracts, but it did study it, and that it needed financial allocations.