Economy News / Baghdad
On Wednesday, Speaker of the House of Representatives Mohammed Al-Halbousi chaired the meeting of the Finance Committee in preparation for raising the budget to the House of Representatives and determining the voting session on it.
The Media Department of the House of Representatives said in a statement that “the Speaker of the House of Representatives, Mohammed Al-Halbousi, chaired today, the meeting of the Finance Committee in the presence of the Chairman and members of the Committee, to discuss the remaining matters and issues in the provisions of the Federal Budget Law, and to reach a clear vision in preparation for submitting it to the House of Representatives and determine a session to vote on it.”
Al-Halbousi praised “the efforts made by the Finance Committee and the development of appropriate observations regarding them,” noting that “this budget is no less important than the previous budgets, but is the most important as for three years with the schedules reviewed annually.”
He stressed “the importance of the projects contained in the budget, which is reflected in the service program according to the implementation of the government program.”
Al-Halbousi touched on that “the council’s approval of the social security law guarantees the entitlement of workers and the involvement of the private sector, which reduces the budget,” noting “the need to reduce spending in order to increase non-oil resources.”
He reiterated “the speed of completion of the general budget law,” pointing to “the importance of absorbing large segments of society by creating job grades to appoint graduates in the governorates and including adequate financial allocations for them.”
In turn, the Chairman of the Committee, Atwan Al-Atouni, welcomed Al-Halbousi, reviewing the most important findings of the Finance Committee and its procedures in completing the budget items and schedules.
Added 2023/05/24 – 7:21 PM