Parliamentary finance stresses the importance of preparing the government for a supplementary budget during the next month

2019-07-20 07:38


A member of the parliamentary finance committee Ahmed al-Saffar, Saturday, the importance of preparing the federal government for a supplementary budget next month, including differences in oil prices globally and the mechanisms of the distribution of surplus at the important doors.

Al-Saffar said in an interview with Alsumaria News that "the House of Representatives in general and the Finance Committee in particular and has within its work a complete seriousness in order to address the government to provide a supplementary budget next month."

He explained that "there are clear differences in prices of oil barrels globally than what was placed in the federal budget, which necessitates the creation of adjustments to the doors of imports consistent with the size of the difference between the planned and actual imports."

Al-Saffar pointed out that "all the excess funds and new labels created by the work of institutions, ministries and governorates will be included in the supplementary budget."


He added that "the supplementary budget is necessary and universally applicable, but in the previous budgets in Iraq has been neglected this aspect and we will work with all force to activate it being a necessary part and gives us a more accurate and realistic perception of the aspects that have been implemented within the operational aspects."

It is noteworthy that the House of Representatives voted, Wednesday (January 24, 2019), on the federal budget law of Iraq for 2019.


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