The Parliamentary Finance Committee on Wednesday pointed out the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the hands of the state.”
Committee member Hussein Mounis told Shafaq News, “The House of Representatives voted on the tripartite budget law and required the government to send the tables for approval,” noting that “the delay in sending the tables to parliament did not affect the operational budget.”
He pointed out that “there is no specific date for approving budget schedules in the Council of Ministers and sending them to the House of Representatives,” pointing to “a real problem of the lack of cash (Iraqi dinar).”
He pointed out that “the Parliamentary Finance Committee is working to develop certain ways to process and provide cash and limit it to the country by adopting the electronic card, strengthening the work of banks and putting forward documents to achieve a cash survance in the market.”
“There is no confidence between the banking system and the citizen and the lack of confidence caused the currency (Iraqi dinar) to be stored in the homes of citizens, which caused it to be lost and not available naturally in the market,” Mouninis concluded.
On March 27, 2024, a member of the Parliamentary Finance Committee, Moen Kazmi, said that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.
While a member of the Parliamentary Finance Committee, Mustafa Al-Karawi, said in an interview with Shafaq News Agency on February 27, 2024, that the Minister of Finance Taif Sami informed the members of the committee during its hosting, yesterday, Monday, that the budget law schedules were sent to the House of Representatives.
