Parliamentary Finance votes on the proposed amendment of paragraph 12 of the budget law, 19 JAN

 Parliamentary Finance votes on the proposed amendment of paragraph 12 of the budget law

The Finance Committee announced on Sunday the vote on the proposed amendment of paragraph 12 of the Federal Budget Law, as stated by the government.

The committee announced earlier today, near the vote on the amendment of Article 12 of the budget related to Kurdistan Region oil, while referring to the most prominent proposals submitted to amend this paragraph.

The head of the committee, Atwan Al-Attwani, said in a speech during a meeting of the committee, according to a statement received by {Al-Furat News} that “the meetings of the committee continue to discuss the amendment of Article 12 of the budget law on Kurdistan Region oil,” noting that “the committee has reached the final stages of completing hosting, and stating many information in preparation for voting on the amendment on this day.”

He added that “it is necessary for there to be a decision from the committee to raise the draft law to a vote,” expressing his hope that “the vote will be agreed on this complementary draft of the 2023 budget.”

He pointed out that “there are a number of committee members who put forward a lot of paragraphs and submitted proposals, and we will put them forward for everyone to be aware of them, but it cannot be added considering that the draft is an amendment and not budget tables,” noting that “the opinion of the committee from the beginning is to proceed with the amendment of the law, but we do not want the items and amendments to be unproductive amendments like previous ones.”

He explained that “the committee added to the paragraphs of the amendment to oblige the parties, whether the Ministry of Finance or the Ministry of Oil Resources, to comply with 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 period of work that may end in 2025, and has not achieved results,” stressing that “we are keen to apply the results during this year to be the rule for 2026.”

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