Parliament finances confirm high size of 2024 budget. What are the reasons for the delay in sending it?, 24 MARCH

 Parliament finances confirm high size of 2024 budget. What are the reasons for the delay in sending it?

 Economy News - Baghdad

The Parliamentary Finance Committee confirmed on Saturday the increase in the size of the federal budget to 207 trillion dinars, explaining the reasons for the delay in the arrival of the general federal budget tables to the House of Representatives for approval.

Mueen al-Kadhimi, a member of the parliamentary finance committee, commented on the issue by saying that the delay occurred at the Prime Minister's Office or by the Office of the Advisory Committee.

Al-Kazemi explained that "the ministries of finance and planning have completed their work regarding the budget tables, as the amendments were supposed to be sent before the end of 2023."

"If the amendments are sent, the House Finance Committee will review them and then present them to the House for approval," he said.

He pointed out that "the approved budget is a tripartite budget for the years 2023, 2024 and 2025, and it is natural that amendments will be made by the government to some figures that it deems necessary," noting that "the amendments led to an increase in the size of the budget from 199 trillion dinars to 207 trillion Iraqi dinars."

Earlier in the day, the Legal Committee announced that the 2024 fiscal budget tables were imminent to reach the House of Representatives.

The Ministry of Finance announced on the thirteenth of March the completion of data related to the 2024 budget tables, the inclusion of texts and their submission to the Council of Ministers