Iraqi Parliament to Vote on 2024 Budget Amidst Disputes
ERBIL — The Iraqi parliament is scheduled to vote on the federal budget on Monday despite disagreements among the political factions regarding the legislation.
Iraq's 2024 budget will be discussed and voted on Monday, June 3rd, although disputes over the allocation of funds to the provinces persist.
According to a statement issued by the Iraqi parliament, the meeting will commence at 3 pm Baghdad time; however, disputes over provincial funding continue. The 2024 budget amounts to over 210 trillion Dinars, with a deficit exceeding 63 trillion Dinars, and the Kurdistan Region's share set at 20 trillion Dinars.
The Finance Committee will prepare a report on the schedule and present it at the meeting.
According to Kurdish MPs, the report will be discussed after it is read, and MPs are expected to deliberate on the forecasted expenditures, revenues, and deficits for 2024.
The meeting in Parliament requires the presence of half of the total number of MPs, and the budget's approval necessitates the vote of half of the members present.
This budget discussion in the Iraqi Council of Representatives occurs amidst the vacancy in the position of Parliament Speaker since November when the Federal Supreme Court revoked Mohammed al-Halbousi's parliamentary membership, ending his tenure as speaker.
The legislative session ends on June 9th and will be followed by a month-long recess.
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