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Representative Economy: We discussed with Al-Kazemi the investment budget and employees ’salaries
Economy News - Baghdad
The Parliamentary Economic and Investment Committee announced that the meeting with Prime Minister Mustafa Al-Kazemi discussed the investment budget and employees' salaries in the 2021 budget.
The head of the Economy and Investment Committee in the House of Representatives, Representative Ahmed Al-Kanani, said in an interview published by Al-Mada newspaper and seen by Al-Iqtisad News, “Our meeting with Prime Minister Mustafa Al-Kazemi focused on discussing many articles of the federal budget law for 2021, oil prices, and the value of the dinar. The Iraqi dollar, raising the price of the dollar and its implications for the market . "
Al-Kinani added that "the meeting discussed the recommendations of the International Monetary Fund to the government to raise the exchange rate of the dollar against the Iraqi dinar to overcome the economic crisis that we were exposed to," noting that "the meeting discussed the investment budget and the salaries of employees ."
Al-Kinani confirmed that "the draft general budget law has not reached the parliament yet," noting that "the prime minister asked at the last meeting that there be communication between him and the heads of parliamentary committees to pass important laws ."
The head of the Parliamentary Economic Committee considered that the prime minister's step to communicate with the parliamentary committees was "appropriate" to overcome many "challenges and to bring points of view between the executive and legislative authorities", stressing that "the economic crisis is global and does not concern Iraq alone, and therefore Iraq will go through a financial and economic crisis ."
He continued, "What we are seeking is finding the required alternatives to remedy this problem by revitalizing the public, industrial and agricultural sectors and relying on national production ."
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