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Iraq will enter 2020 with a temporary budget
Economy News - Baghdad
The Finance Committee confirmed in the House of Representatives, Thursday, that Iraq will enter in 2020 with a "temporary budget", due to the delay in its transmission by the current caretaker government due to a procedural legal problem.
Committee member Ahmed Al-Saffar said in a statement reported by the official "Al-Sabah" newspaper and seen by "Al-Iqtisad News", that "it was hoped that the budget would be sent to Parliament last Thursday, but we were surprised that the Prime Minister apologized for sending it because there was no authority to send any bill To Parliament, including the budget, because his government is now a caretaker government. "
He added: "The House of Representatives inquired about this and it appeared that the Prime Minister can send important bills to the parliament in the first week of the caretaker government," stressing that "the parliament in turn cannot read and discuss the budget and vote on it if it is sent during the current December."
And Al-Saffar said, that Iraq "will have to adopt (a temporary budget) that will be spent on a monthly basis for salaries, and the operational budget only, and the investment budget, contracts and job grades will be excluded from voting until the 2020 budget."
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