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Sunday 28, March 2021 17:44
Baghdad / NINA / Member of the Parliamentary Legal Committee, Hussein Al-Oqabi, renewed his demand to amend some paragraphs in the draft General Budget Law 2021, and to address violations to achieve the principle of social justice and to lift the injustice of citizens, especially those with limited income.
Al-Aqabi indicated, in a press conference, that: "The necessity to amend a number of points in the draft budget, including reducing the exchange rate of the dollar and returning it to its previous price, after the absence of all the justifications presented by the government previously to justify this wrong action, which Parliament must take a historic position to confirm its authority. Constitutionality, and if this requires amending the Central Bank Law, and not approving the new foreign loans included in the draft budget, which amount to more than (8.5) billion dollars. "
A member of Parliament warned against the foreign borrowing policy and its burdensome sovereign and economic effects, indicating: "Many of the projects proposed to allocate these loans to them do not represent a priority in the government investment approach," stressing the refusal to authorize the Minister of Finance to issue sovereign guarantees.
He continued: "It is also necessary to abolish the articles that allow the privatization of all the state's production and service sectors and allow the participation of investors and contractors in ownership of oil and gas fields, power stations, Iraqi Airways aircraft and government banks, as well as materials that allow the sale of state-owned agricultural lands to the owners of the right to dispose of much less than "Their real value, in addition to the materials that allow the sale of the state's financial assets, including industrial, infrastructure, etc."
He also pointed out: "The necessity to cancel the articles that give the Kurdistan region unjustified privileges at the expense of other provinces."
He said, "We suggest that Article (11) include the following text (the region is obligated to deliver (460) thousand barrels in full and all that is in excess to the SOMO company and hand over all its non-oil revenues to the public treasury, and in the event that it refuses to do so, no dues shall be paid to the region, and the violator shall bear Legal liability for that). 5 Ended
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