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The Iraqi government submits the 2020 federal budget law draft to the Parliament

Category: Iraq News

Date: 2020-09-14T12:49:54+0000
The Iraqi government submits the 2020 federal budget law draft to the Parliament

Shafaq News / The Iraqi Council of Ministers approved the federal budget law draft for the year 2020 and submitted it to the council of Representatives.

The spokesman for the Prime Minister, Ahmed Mulla Talal, said in a tweet, "in order to organize the spending process and secure the necessary expenditures for the remaining three months of the fiscal year, and in compliance with the decision of the Council of Representatives, the Cabinet approved the Federal Budget Law draft 2020, and submitted it to the council of Representatives".

The head of the Parliamentary Finance Committee, Haitham Al-Jubouri, had previously revealed to Shafaq News agency that the budget law draft will be limited to September, October, November and December.

Iraq has not approved the federal budget law for the current year as a result of the protests that have swept the country since October 2019 and toppled the previous government.

Mustafa Al-Kadhimi's government faced difficulties in preparing the budget law draft at a time when the country was suffering from a stifling financial crisis, resulting from the drop in oil prices in world markets.


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