|
Search the Community
Showing results for tags 'reading of the fiscal deficit financing bill'.
Found 1 result
-
Parliament holds its nineteenth session 127 Policy 2020/11/07 14:19 am Baghdad today - Baghdad Today, Saturday (November 07, 2020), the House of Representatives held its nineteenth session, whose agenda was the reading of the fiscal deficit financing bill, in addition to other laws. The Media Department of the Council of Representatives stated in a statement received (Baghdad Today), that "the Speaker of the House of Representatives, Muhammad Al-Halbousi opened the work of the 19th session," noting that "170 deputies attended the session." Earlier in the day, a member of the Parliamentary Finance Committee, Jamal Cougar, said that borrowing could not continue for dual salaries and space workers, while indicating the need for economic reforms. Cougar said, in a press statement, that "the government's continued borrowing, without making economic reforms, means that Iraq will go towards economic collapse." He added, "It is unreasonable for Parliament to vote on the borrowing law, to pay salaries to aliens and double-wages," noting that "Al-Sadr's recent tweet regarding the law came at the appropriate time." Cougar pointed out that "the distribution of employees' salaries depends on the Minister of Finance, Ali Allawi, and not on the law on financing the fiscal deficit," noting that "Parliament is awaiting the arrival of the 2021 Budget Law." And on the date of passing the law on financing the fiscal deficit, a member of the Finance Committee confirmed, "The House of Representatives will start today the second reading, and it will be voted on after four days in accordance with the Parliament's bylaw."
