Presidency of the Republic to restore the budget of 2018 to parliament

Presidency of the Republic to restore the budget of 2018 to parliament

I mentioned about 31 points that intersect with the legislation in force ...

13/03/2018 - 15:29 Iraq



President of the Republic Fuad Masum decided on Tuesday to re-draft the federal budget bill for 2018, voted by the Iraqi parliament on March 3, to the parliament to re-examine the form and content of the constitutional, legal and financial, Pointing out that there are about 31 points intersect with the legislation in force.

The ministry said in a statement today that "the re-budget came after the experts and legal and financial advisers studied and scrutinized in detail to diagnose the most important constitutional, legal and financial violations of some of the articles or items or paragraphs that need to be addressed before ratification as well as to address any imbalance in its formality."

The Iraqi President Fuad Masum, said yesterday, that the presidency will discuss only «technical errors and constitutional imbalance» in the federal budget law for the year 2018, not the proportion of the Kurdistan Region.

"The Presidency of the Republic received the federal budget law for 2018 after its adoption in Parliament, and the legal experts in the presidency are studying the possibility of ratification of the budget if it contains no technical errors or constitutional imbalance," said Masoum in a televised interview.

Adding "the presidency follows this procedure in order to be reassured after ratification."

The Iraqi parliament, despite the opposition and the boycott of Kurdish blocs, has approved in its meeting on 3 March draft federal budget law for the year 2018 parliamentary majority.

The Iraqi government led by Haider al-Abadi, in November last year, the share of the Kurdistan Region in this year's budget from 17 to 12.6 percent.

In addition to reducing the quota allocated to the Kurds from 17 percent as decided by the budgets of the past years to 12.67 during the current year, it is one of the punitive measures taken by the federal government against the Kurdistan Region following a referendum on independence on 25 September. Last, the mention of the region in the draft law as provinces and not as an entity, in addition to not allocate funds to the Peshmerga forces, which under the Constitution part of the Iraqi defense system.

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