The House of Representatives ends the discussion of the draft law on financial management and raise its meeting Thursday (expanded)

Editorial date:: 2019/3/12 16:27
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(Baghdad: Al Furat News) The House of Representatives in the third session of the second semester of the first legislative year in the fourth parliamentary session, chaired by Mohammed Halbusi, the President of the Council, on Tuesday, discuss the draft law on financial management submitted by the Finance Committee.

"In the interventions of deputies, the claims focused on adding a paragraph to oblige the government to submit the final accounts at a specified time and activate the system of collection and electronic payment, and the adoption of a new accounting system to develop new accounting standards, in addition to the request to amend The proportion of reserve in the budget law to reduce, and reconsider the provision of the Minister of Finance wide powers in the law, and obtain the approval of the House of Representatives some of the articles. "

For his part, Deputy Chairman of the Council, Bashir Haddad, stressed the need for deputies to submit their proposals on the draft law in writing to the Finance Committee for the importance of the law, which regulates all financial, legal and service aspects, noting that the committee sent a copy of the draft law to the Ministries of Planning and Finance to make its observations.

The Council postponed the discussion of the draft law of the first amendment to the law of the Fund for the recovery of Iraq's money No. (9) for the year 2012, and the law of amending the Companies Law No. (21) for the next year. 

Then it was decided to adjourn the meeting until next Thursday, 14/3/2019.

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