Baghdad Today

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A member of Parliamentary Finance clarifies the extent of the possibility of passing the budget and postponing the settlement of the paragraphs of the Kurdistan quota and the exchange rate

Today, Thursday, March 11, 2021, a member of the Parliamentary Finance Committee, Jamal Cougar, confirmed that the Federal Budget Law for 2021 cannot be passed partially in response to the requests to vote on the budget with the postponement of resolving the exchange rate paragraph and Kurdistan’s share in it until final agreement regarding them.

Cougar said in an interview with him (Baghdad Today), “Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible.”

He added that “the exchange rate of the dollar is decided and the House of Representatives does not have any authority to pass it,” noting that “the budget cannot be passed without deducting the share of the Kurdistan region in it.”

Member of Parliament, Asaad Al-Morshedy, confirmed yesterday, Wednesday, that the session of the House of Representatives set for next Monday to put forward the budget bill for 2021 will be decisive, given that the only victim is the citizen from the delay in passing the budget.

Al-Morshidi said in an interview with (Baghdad Today), “The budget is ready for voting and the parliamentary finances have sent the bill to the Presidency in order to put it to vote next Monday.”

He added that “political differences between Baghdad and Erbil were behind the delay in approving the draft budget, and therefore it is inevitable to pass it in the next parliament session.”

And that “all economic projects are stalled in the country because of the delay in approving the budget, so the Iraqi citizen is the only one affected by what is happening,” stressing that “the dismissal will be said to Parliament regarding the passing of the budget.”