Al-Kazemi government is preparing a budget for only three months



Iraqi government

The Iraqi budget

2020-08-26 10:48

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Shafaq News / The Iraqi government announced, on Wednesday, that it is working on preparing the general budget for the remaining three months of the current year.

Ahmed Mulla Talal, the spokesman for the Prime Minister, said in a press conference in the presence of the Shafaq News Agency correspondent, that the 2021 budget is almost complete and upon completion, it will be voted on in the Council of Ministers and sent to the House of Representatives. 

Talal pointed out that “the degrees of deletion and creation will be allocated to holders of higher degrees and employees with contracts and wages in state institutions.” 

It is noteworthy that the sending of the federal budget for the year 2020, by the government to the Iraqi parliament, has been delayed as a result of the continuous protests since last October, which led to the resignation of the previous government headed by Adel Abdul Mahdi and its transformation into a caretaker government whose powers are not to send the draft financial budget law to Parliament .

Earlier, the Iraqi Minister of Finance, Ali Abdul Amir Allawi, ruled out approving the general budget for the year 2020 and confirmed that his ministry is working on preparing the 2021 budget.

The fall in oil prices due to the Corona pandemic has caused a financial deficit, while the Parliamentary Finance Committee confirmed last July that the fiscal deficit of the 2021 budget bill is estimated according to financial revenues and oil prices.

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