Baghdad:
The Finance Committee of the parliamentary, on Monday, its efforts to draft the supplementary budget law for the current year in cooperation with the government to address the imbalance of the federal budget, indicating that the budget will rely on surplus oil funds without the use of external loans.
“The government and the Finance Committee will cooperate in the coming days to discuss the adoption of a supplementary budget to rectify the errors of the federal mona,” said the committee’s chairman, Haneen al-Qaddo.
He added that “the budget will depend on surplus oil funds without the use of foreign loans,” noting that “the budget will include the launch of appointments and the installation of contracts and the launch of service projects lagging across the country.”