Parliamentary Finance: Last year’s budget was not spent as required and we are waiting for the new schedules
Member of the Finance Committee in the House of Representatives, Jamal Kujar, said that the 2023 budget was not spent as required, indicating that the Council is waiting for the 2024 budget schedules to be sent from the government.
Cougar stated in a press interview, “The budget was voted on for a period of 3 years, and the government is required to send the schedules for the year 2024 and the paragraphs that may witness amendments, especially related to the numbers of oil quantities in the event of an increase or change, as well as the projects and costs that have been allocated to them.”
He explained, “If a project from the previous budget is completed, it will be removed from the new tables, as well as the paragraphs related to the Kurdistan region in the event of a change to it,” pointing out that “the Finance Committee has no comments on some of the items, since they were voted on, but there may be.” Notes to the government, and these will inevitably be amen ded.”
He pointed out that “the budget schedules have not yet been voted on in the Council of Ministers, because the mechanism for passing them begins with collecting the budgets of the governorates and institutions in the Ministries of Planning and Finance, and then a draft is prepared and sent to the Council of Ministers for discussion, amendment and correction, and then it is returned to the Ministry of Finance, to be completed.” They are finalized and sent again to be voted on in the Council of Ministers, and finally to the House of Representatives.”
Cougar stated, “The budget amounts will be close to the 2023 budget, and there may be an increase in them, since the deficit included in the 2023 budget has not been achieved, meaning that there is no real deficit occurring, and there is a delay in spending the budget, and this led to it not being spent in the required manner.” link
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