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Home Dinar Guru Updates Iraq

15 trillion dinars raises controversy in the budget

July 26, 2024
in Iraq
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The manipulation of the budget has sparked controversy between the government and the House of Representatives.

Economic expert Salah Nouri told {Euphrates News} that: “It is too early to analyze the amount of {15} trillion dinars, as it is now the subject of controversy over falsification of the budget tables between the House of Representatives and the government.”
Salah added, “Assuming that there is an increase of this amount in the operating budget, it increases the budget deficit, and increasing the deficit is a step towards a liquidity crisis.”
The Parliamentary Finance Committee revealed, yesterday, Wednesday, different budget tables before and after its approval, with a difference of 15 trillion dinars.
Committee member, Moeen Al-Kazemi told {Euphrates News} that the budget tables that arrived from the Council of Ministers and were approved inside the parliament are the same as the government tables; therefore, the letter that we received from the Council of Ministers that the tables that were referred after the vote have a difference and a large difference in some chapters that reach 15 trillion dinars.
He added that the spending budget amounts to 211 trillion dinars; but the tables that were signed by the Parliament Presidency and sent to the Council of Ministers read 226 trillion dinars.
Al-Kazemi explained that the Prime Minister’s Office sent the table signed by the Parliament Presidency, which included:
– An increase in the amount of the ration card by 5 trillion dinars.
– Increase in oil revenues by 5 trillion dinars.
– Reduce fees by 5 trillion dinars.
– In addition to financial increases for the Ministry of Electricity and some governorates.

alforatnews.iq

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