A member of Parliamentary Finance expects to approve the 2023 budget early next year

Update 10/07/2022 - 7:32 PM
  
Economy News - Baghdad

On Thursday, a member of the Parliamentary Finance Committee, Faisal Al-Naeli, suggested approving the financial budget for 2023 early next year.

Al-Naeli said, "The budget of next year will be approved at the beginning of it, and no later than the months of January or February," noting that "the formation of the government is near to be discussed in November and December, and it will be ready at the beginning of next year."

Al-Naeli added in an interview with the official "Al-Sabah" newspaper, that "both the government and the committee will take into account the surplus that was achieved from crude oil sales after the rise in its global prices."

He continued, "The budget will be loaded with many positives that can be in the interest of the citizen without affecting the central bank's reserves, after the difficult conditions that the country experienced during the Corona pandemic and the drop in global oil prices, which prompted the country to borrow."

Al-Naeli pointed out that "providing services to the people in all governorates will be a priority in the 2023 budget, after it was missed over the past years."

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