The head of the parliamentary finance committee, Atwan Al-Attwani, said that the government is working on preparing the basics of the 2025 budget to present to the House of Representatives for study and voting.
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A statement from his office, a copy of which {Euphrates News} received, said: “Al-Attwani discussed with the delegation of the Adam Smith International Foundation a set of laws related to the development of the financial and banking system, on Monday, at the headquarters of the Finance Committee in the Council Building, where he reviewed important draft laws, including the Securities and Commodities Law, the Law of the Center for Banking Studies, and the Investment Law in Islamic Sukuk, with the necessary amendments, pointing out that these laws will be read in future sessions.
Al-Atwani stressed that “the aim of the amendments is to involve the concerned authorities to ensure increased productivity and listen to various opinions to ensure their effective implementation.”
The statement added, “The organization of workshops was also discussed in cooperation with the law, economy and investment committees to develop laws comprehensively, with the hosting specialists to benefit from previous experiences. The mechanism of developing federal budget texts, analyzing revenues and expenditures, and planning budget items and public programs was also discussed.”
Al-Atwani pointed out that “the government is working on preparing the basics of the 2025 budget to present it to the House of Representatives for study and voting on it.”
FIREFLY:Mr Sammy wants you to know the opening of these cash deposit centers that Sudani is bringing in with the CBI are a start of collecting and a start of the deletion of the zero notes.
It gives us an avenue to trade in the notes instead of clogging up our regular banks.
FRANK: These currency centers have been licensed by the CBI, Sudani and the US Treasury in the last few weeks.
Things are moving very fast for you citizens to receive your monetary reform.
The Chairman of the Finance Committee, Eng. Atwan Al-Atwani, discussed with the delegation of the Adam Smith International Foundation a set of laws related to the development of the financial and banking system, on Monday, 10/21/2024, at the headquarters of the Finance Committee in the Council building.
During the meeting, Al-Atwani welcomed the delegation of the Foundation and reviewed important draft laws, including the Securities and Commodities Law, the Banking Studies Center Law, and the Investment Law in Islamic Sukuk, with the necessary amendments, pointing out that these laws will be read in the upcoming sessions.
Al-Attani stressed that the aim of the amendments is to involve the concerned authorities to ensure increased productivity and listen to various opinions to ensure their effective implementation.
They also discussed organizing workshops in cooperation with the law, economic and investment committees to develop laws comprehensively, with the hosting of specialists to benefit from previous experiences.
With regard to the general budget, the mechanism of developing federal budget texts, analyzing revenues and expenditures, and planning budget items and general programs was discussed. Al-Attani pointed out that the government is working on preparing the basics of the 2025 budget to present to the House of Representatives for study and voting.
House of Representatives Media Department 21/10/2024