Al-Nashi: The government is violating the budget law and causing a real financial crisis.

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Al-Nashi: The government is violating the budget law and causing a real financial crisis.

Oil and energy Committee member Ala Awda Al-Nashi held the authorities responsible on for delaying the submission of federal finances schedules to Parliament, noting that this constitutes a clean violation of the law.

Al-Nashi said in a assertion obtained by using / dinaropinions.com /, that “the government did now not adhere to the provisions of Article (seventy seven/second) of the Federal finances law for the years (2023-2024-2025), which stipulates that “the Council of Ministers should ship the finances tables for the 2 monetary years (2024) and (2025) before the quit of the previous fiscal year to the Council of Representatives for approval.” despite the fact that Iraq is these days within the center of the yr 2025, the authorities did not adhere to this felony precept.”

She introduced, “in spite of the passage of halfway thru 2025, the authorities has yet to submit the price range schedules to the residence of Representatives, reflecting a full-size dereliction of its constitutional and felony duties towards the Iraqi humans.” She noted that “this extreme postpone locations the usa in a actual financial crisis and threatens the stability of economic projects and different economic duties.”

Al-Nashi questioned, “Has the authorities’s awareness shifted to political maneuvering and electoral preparations, to the factor in which it’s been not able to satisfy its most simple constitutional duties? Or is there a real flaw in its monetary calculations and a failure to prepare the finances that has brought about this put off?”

She confused that “this postpone no longer most effective harms initiatives and the financial system, however additionally disrupts residents’ interests, as it affects simple troubles including salaries, bonuses, and the calculation of certificates.”