A parliamentary session today for a first reading of the 2021 draft budget

by **claud39** Sat Jan 09, 2021 9:10 am

A parliamentary session today for a first reading of the 2021 draft budget

01/09/2021

Economy News - Baghdad

The Iraqi Parliament will devote its parliamentary session today, Saturday, to the first reading of the 2021 budget.

"The parliamentary session will be held at 5:00 pm today, and it will consist of one paragraph, which is the first reading of the 2021 draft budget."

The Media Department of the House of Representatives also published a document that includes the agenda of the parliament session for today, and it is allocated according to the document for the first reading of the draft general budget law.

In turn, a member of the Finance Committee in the Iraqi Parliament, Sherwan Mirza, said that "until now no political bloc has rejected the 2021 budget bill, but some have comments on it," noting that "72 hours after the first reading, the parliament can conduct the second reading." ".

The draft general budget bill for 2021 recently reached the Iraqi Council of Representatives, after a vote on it by the Council of Ministers last week.

The spokesman for the Iraqi Council of Ministers, Hassan Nazim, confirmed earlier that the salaries of employees will not be delayed in the coming months, indicating that the budget was built on a reform vision provided by the Ministry of Finance, and will work to revitalize the private sector.

On December 21, the Iraqi Council of Ministers voted on the 2021 budget bill in an extraordinary session held under the chairmanship of Prime Minister Mustafa Al-Kazemi.

According to the leaked draft of the federal budget law for 2021, it included a deficit of more than 58 trillion dinars, and the estimated revenues from the export of crude oil were calculated on the basis of the price of 42 dollars per barrel, and the rate of exporting 3 million and 250 thousand barrels per day.

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