Parliamentary Finance: We will face serious consequences and a legal vacuum in the budget delay

12/15/2020 16:33:28
 
{Baghdad: Al Furat News} The Parliamentary Finance Committee warned of "serious consequences" due to the government's delay in sending the draft federal budget bill for 2021 to the House of Representatives.

The Minister of Planning, Khaled Battal, revealed today that the budget was not included in the agenda of the cabinet session today, Tuesday, while likening the budget to "the patient," as he described it.

A member of the Finance Committee, Sherwan Mirza, said in a press statement, "It is too late for the government to send the budget bill for next year as soon as possible to the Parliamentary Finance Committee."

Mirza added, "The federal government was supposed to send the draft federal budget bill for the next year 2021 within a maximum period of mid-October," noting that "failure to send the bill and delaying its approval and with our entry into the new year will enter the country into a legal vacuum." .

Regarding the consequences of the delay in approving the draft law, a member of the Finance Committee affirmed that "entering the country in a legal vacuum has serious consequences because the federal government does not have any powers to disburse several financial dues 12/1 for salaries and the operating budget," indicating that "this leads to a halt." All investment and strategic projects across the country. "

Ammar Al-Masoudi

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