Good news regarding the federal budget, 29 MAY

 Good news regarding the federal budget

Shafaq News / The coordination framework held a meeting on Tuesday  in the presence of Prime Minister Mohamed Shia Al-Sudani.

A statement after the meeting said that the meeting deliberated on the financial budget tables and stressed the need to approve them to achieve the interests of citizens and support the economic situation.

The meeting also stressed the importance of proceeding with the election of the Speaker of the House of Representatives as soon as possible.

A political source revealed to Shafaq News Agency on Monday that the reason for the meeting is due to objections to the budget tables sent by the Iraqi government, by the framework forces and refused to pass them in their current form.

The government had sent the budget tables to parliament for a vote after a delay of more than five months as a result of technical problems centered on the size of the deficit, and the government's attempts to reduce it.

There was controversy over the budget tables after allocating an investment budget to the provinces amounting to 41 trillion Iraqi dinars, which some saw as unfair to the provinces by reducing their quotas in exchange for increasing the Kurdistan Region's share of 4 trillion, which the government denied.

The 2024 budget, according to Prime Minister Mohamed Shia Al-Sudani, is 211 trillion dinars, and the salaries of employees for the year 2024 amount to 62 trillion dinars, while the budget for 2023 was 199 trillion dinars and the salaries of employees 59 trillion dinars.

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 .