Member of Parliamentary Finance: The budget will be delayed until next week, the weakest since 2011

Time: 02/07/2021 21:12:39


Member of Parliamentary Finance: The budget will be delayed until next week, the weakest since 2011


{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee, Muhammad Al-Darraji, suggested delaying passing the federal budget for the fiscal year 2021 until next week.

Al-Darraji said, in a televised interview, that "the budget may be delayed until next week and it has not ended or its draft is handed over to the government. The discussion is still in the process, and there are articles for the Kurdistan region 10, 11 and 12 not decided yet," expecting the vote on the budget at the end of next week and it is impossible to Pass this week. "

He added, "The budget needed strategic changes, which is the weakest since 2011, and it left the financial committee space and moved to the political side."

Al-Darraji continued, "The cost of producing the region's oil is 48% of its price, and the vision of the Shiite blocs is that the Kurdistan region hand over all the oil produced from it, and the text of the financial agreement between Baghdad and Erbil was rejected by Parliament," stressing, "The region's refusal to deliver its oil because of its debts to oil companies. ".

And "adequate amounts have been allocated to those covered by Resolution 315 in the budget that was devoid of deduction for employees' salaries," pointing out to "allocating 4 trillion dinars to the provinces in developing regions," adding that "the decision will be for the House of Representatives to vote on the budget."

Al-Darraji concluded, "Only three governorates have debts on the government, namely Basra, Karbala and Anbar," describing the Ministry of Finance's management of the budget as "very bad, and we do not know that it came this year badly."



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Time: 02/07/2021 20:59:25

Khatti: The vote on the budget at the end of the week reveals the government's reaction to the amendments



{Baghdad: Al Furat News} The deputy of the parliamentary wisdom bloc affiliated with the coalition of Iraqis, Hassan Khalati, voted on the draft federal budget bill for 2021 at the end of this week.

Khatti said {to Euphrates News} that "the budget went through important stages (the first and second reading) that took sessions, followed by meetings of the Parliamentary Finance Committee with various officials and almost oversaw the completion of most of the draft amendments." Paragraphs of the law. "

He added, "The Finance Committee has made radical amendments to many of the provisions of the law, and the government has shown its acceptance of all these amendments and a preliminary welcome to the changes introduced by the committee in the budget, and there were no major objections as well."

Khatti indicated that "the government has the right to contest the budget with the Federal Court in the event of an increase in expenditures," ruling out "taking this measure to accompany it and attend most committee meetings, as well as the constitution that gave Parliament the right to reduce financial expenditures in the federal budget."

He stressed, "The agreement to distribute fair quotas to the provinces and take into account the oil-producing provinces in the 2021 budget."

On Sunday, the Parliamentary Finance Committee announced that it would double the petrodollar allocations within the 2021 budget to (one trillion) that would go to the oil-producing provinces.



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