FRANK26: "IN MY OPINION, THERE IS A 3RD READING!!!", 21 JAN

 KTFA

FRANK26: "IN MY OPINION, THERE IS A 3RD READING!!!"...........F26

 

Parliamentary Finance Committee votes on the proposal to amend Paragraph 12 of the Budget Law

 

1/19/2025

 

The Finance Committee announced, today, Sunday, the vote on the proposal to amend Paragraph 12 of the Federal General Budget Law, as it came from the government.

 

Earlier today, the committee announced that a vote on amending Article 12 of the budget related to the Kurdistan Region’s oil was imminent, while it pointed out the most prominent proposals submitted to amend this paragraph.
The head of the committee, Atwan Al-Atwani, said in a speech during a committee meeting, according to a statement received by {Al-Furat News}, that "the committee's meetings are continuing to discuss amending Article 12 of the budget law related to the Kurdistan Region's oil," indicating that "the committee has reached the final stages of completing the hosting and providing a lot of information in preparation for voting on the amendment today."
He added, "It is necessary for there to be a decision from the committee to submit the draft law to a vote," expressing his hope that "an agreement will be reached to vote on this draft law, which complements the 2023 budget."

He pointed out that "there are a number of committee members who have raised many paragraphs and submitted proposals, and we will raise them so that everyone is aware of them, but they cannot be added considering that the project is an amendment and not budget tables," indicating that "the committee's opinion from the beginning is to proceed with amending the law, but we do not want the clauses and amendments to be like their predecessors, unproductive amendments."

He explained that "the committee added to the amendment paragraphs the obligation of the parties, whether the Ministry of Finance or the Ministry of Oil Resources, to adhere to the outputs of the consulting company," stressing that "there must be an obligation for both parties."

Al-Atwani concluded by saying, “The consulting company must have a working period that may end in 2025, and it has not achieved results,” stressing, “We are keen to implement the results during this year to be a basis for 2026.”

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