Budget tables…financial transfers and fundamental amendments that anticipate passing
Shafaq News / The House of Representatives intends to make financial transfers and fundamental amendments to the 2024 budget tables, before passing it in the session expected to be held tomorrow, Monday.
The 2024 budget, according to what Prime Minister Muhammad Shiaa Al-Sudani announced, amounts to 211 trillion dinars, and employee salaries for the year 2024 amount to 62 trillion dinars, while the 2023 budget amounted to 199 trillion dinars and employee salaries amounted to 59 trillion dinars.
According to Al-Sudani, the revenues of the 2024 budget are estimated at “144 trillion and 336 billion dinars, while expenditures amount to 210 trillion and 936 billion dinars, while the deficit is 63 trillion and 599 billion dinars.”
Substantial modifications
The representative of the State of Law coalition, Thaer Al-Jubouri, told Shafaq News Agency, “There are many parliamentary observations on the budget schedules sent by the government to Parliament, and the Parliamentary Finance Committee has taken those observations and is working to make fundamental amendments to the schedules in agreement with the Ministry of Finance and the central government.”
Al-Jubouri added, “The budget will be passed with the Parliament session scheduled for tomorrow after making fundamental amendments and fairness to all governorates, especially the center and the south, with the projects and attention they need, and there will be no change in the share of the Kurdistan Region sent in the tables by the government.”
Political agreement
For his part, a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, told Shafaq News Agency, “We are waiting for the political blocs to agree on the final report on the budget tables, after which the vote will take place.”
He pointed out that “there are many proposals presented by the political blocs and members of the House of Representatives on the budget tables, including making financial transfers, changing disbursements and expenditures, and reducing the percentage of the financial deficit in the budget.”
Al-Karaawi continued, “The Finance Committee will write the report on the budget schedules, which will be comprehensive, including operational, governance, and investment expenditures and the deficit percentage, but the issue has not been decided at the moment.”
The Parliamentary Finance Committee confirmed last Thursday, May 30, 2024, that it or the House of Representatives have no intention of returning the budget schedules for the year 2024 to the federal government.
Shafaq.com