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Parliamentary Finance expects the budget to reach Parliament next week Time: 01/02/2023 14:59:52 Read: 1,001 times {Economic: Al Furat News} A member of the Parliamentary Finance Committee expected the arrival of the draft federal budget law for the year 2023 to the House of Representatives next week. "We expect the budget law to arrive with the beginning of the legislative term, that is, a week from now," Moein Al-Kadhimi told the Euphrates News Agency. He added, "The government is supposed to now put the final touches to be referred to the House of Representatives, that is, up to the ninth parliament of this month." And the Minister of Finance, Taif Sami, announced in a press statement last Friday that the 2023 budget had not been sent to the Council of Ministers - yet - and that work is underway to complete it, "noting that" the general budget will focus on the health sector, supporting vulnerable classes, and raising the ceiling of loan capital for small projects. Sami explained that "the price of a barrel, which has been placed so far in the budget, amounts to 65 dollars and may reach 70 dollars," pointing out that "the draft general budget law may include a study to impose some taxes on the oil derivatives sector."
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It is likely to refer the budget to parliament next week
6ly410 replied to yota691's topic in Iraq & Dinar Related News
Al-Sudani stresses the importance of speeding up the adoption of the budget law by Parliament Sudanese stresses the importance of speeding up the adoption of the budget law by Parliament » Baghdad Today News Agency | Policy Today, 11:52 | Baghdad Today - Baghdad Prime Minister Mohamed Shia Al-Sudani stressed on Thursday the importance of speeding up the approval of the federal budget law by the House of Representatives. The Prime Minister's Information Office said in a statement received by Baghdad Today that "Al-Sudani chaired a meeting devoted to discussing the final details of the draft federal budget law 2023." He added that "the draft budget law took time to discuss, in order to reach a budget consistent with the priorities of the ministerial curriculum, and meet the objectives of the government program in fighting poverty, providing basic services to citizens, economic reform, and combating corruption." "Al-Sudani stressed the importance of speeding up the adoption of the budget law by the House of Representatives, as it is directly related to many economic and social issues and files, and helps the government implement its programs and strategy in vital fields and sectors, which would provide the best services to citizens," he said. Edited by: R. A. -
ERBIL (Kurdistan 24) – Muhammed Nury, member of Iraqi Council of Representatives, announced in a press conference that the budget law of 2023 will soon be prepared within 20 days. “We’re under severe pressure to prepare the draft of 2023’s budget law, we will do our best to prepare it within 20 days,” Nury said. Mahood Hayani, member of Iraqi Council of Representatives, confirmed his colleague’s statement, noting that it’s the best time for preparing the budget draft. Political deadlock and economic crises are the causes of delaying the preparation of the draft, Hayani added.