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Showing results for tags 'parliamentary finance committee'.
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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."
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Parliamentary Finance: The 2021 budget will be passed by consensus of the political blocs Yesterday, 18:28 503 Political Baghdad - INA - Noor Al-Zaidi , the Parliamentary Finance Committee confirmed, today, Monday, that the 2021 budget will be passed in agreement with all political blocs. A member of the committee, Naji Al-Saeedi, told the Iraqi News Agency (INA): "The vote on the budget will be at the end of this week," indicating that "the budget will not be passed without consensus." He added, "The budget will pass in agreement with all political blocs, including the Kurdish blocs," ruling out "voting on the budget by the majority." Al-Saeidy added, "If there had been a majority vote, negotiations would not have continued and the approval of the budget would have been delayed until this moment." Earlier, the Parliamentary Finance Committee announced the completion of all articles of the General Budget Law, and delivered a letter to the Presidency of the Council of Representatives since February 15, 2021, for the purpose of setting a date for voting on it.