The date of disbursement of budget funds and the application of the decision to install contracts

Economic development 30/01/2019 185

Economist - Kalkmash Press; explained a member of the Finance Committee parliamentary Mahasen Hamdoun; on Wednesday; that the disbursement of federal budget funds requires more than one month.

Hamadoun said in a press statement that "the law of the financial budget is still in the Research Department of the House of Representatives to print in a manner that matches the legal texts with the voice of the House of Representatives actually."

She pointed out that "the other stage includes the ratification of the President of the Republic and the publication of the law in the Iraqi fact sheet, and then the Federal Ministry of Finance issued legal instructions on the distribution of funds to the parties and according to importance."

"The disbursement of federal budget funds, including the share of the Kurdistan region requires more than one month."

She pointed out that "the House of Representatives voted verbally on the law and the process of disbursement of funds from the budget needs about 30 30 days."

The House of Representatives voted on January 23 on the draft bill of the General Budget for 2019, which includes in its paragraphs the installation of contract employees in the state departments.


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