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Parliamentary Finance: Approval of the budget law will contribute to solving the economic crisis

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Parliamentary Finance: Approval of the budget law will contribute to solving the economic crisis Empty Parliamentary Finance: Approval of the budget law will contribute to solving the economic crisis

Post by claud39 Tue Jan 12, 2021 6:13 pm

Parliamentary Finance: Approval of the budget law will contribute to solving the economic crisis


01/12/2021





Parliamentary Finance: Approval of the budget law will contribute to solving the economic crisis 25469







Economy News - Baghdad



A member of the Finance Committee, Majed Al-Waeli, said that the solution to the economic crisis that Iraq is currently going through depends on the approval of the 2021 Budget Law as soon as possible.

Al-Waeli added, in a statement reported by state television and seen by Al-Eqtisad News, that "returning the 2021 draft budget to the government is not a solution. Rather, the solution lies in holding continuous parliamentary sessions with the relevant authorities to pass the law as soon as possible."

He pointed out that "the committee is working to compress operational expenditures in the budget to the maximum extent possible."

A member of the Finance Committee also called for "stopping unjustified borrowings or directing them towards vital investment projects such as the Faw Grand Port project."



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