Parliamentary Finance: Adoption of the budget next week

September 26, 2014

Chairman of the Finance Committee suggested parliamentary Magda al-Tamimi, on Tuesday, that is to vote on the federal budget for the current year next week in the House of Representatives.

Al-Tamimi said in a press statement that "next Saturday Sikad Cabinet extraordinary session to discuss the federal budget for the current year," likely to "be voted on in the House of Representatives early next week."

It added that "according to the Financial Administration Act and the public debt may not be the inclusion of the budget next year before the current year because it would cause problems for the Iraqi economy," adding that "discussions are still ongoing between the political parties on increasing the share of the Kurdistan region of financial stakes," pointing out that "the share the province of the Federal Budgeting is 17% and have made a request to the Baghdad government on the provision of increasing them up to 20%. "


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