Muhammad Al-Baldawi, Deputy Chairman of the Parliamentary Planning Committee, disclosed on Tuesday the underlying reasons behind the government’s delay in submitting revisions to the current year’s budget schedules to the House of Representatives for approval.
According to Al-Baldawi, “The delay in sending amendments to the 2024 budget schedules to Parliament is due to several reasons, including the ministries not completing their plans regarding the lagging projects, as the government is working to close this file, as well as the difference in prices and currency values.”
He went on to say, “Among those reasons relates to the schedules and amounts allocated to the Kurdistan region of Iraq, especially after the recent decisions issued by the Federal Court, which obligated the government to do so.”
He went on to say that “most of these reasons and obstacles have been overcome by the government and will be sent to Parliament very soon.”