The House of Representatives ends reading and discussion of the draft federal budget law 2018

The House of Representatives concluded its regular session of the 12th, which was resumed under the chairmanship of Speaker of the House of Representatives Salim Jubouri on Tuesday read and discuss the report .of the draft federal budget law for the year 2018.

At the outset of the meeting, President Jubouri, on the proposal of the Finance Committee to hold a meeting of heads of parliamentary blocs with the Finance Committee to discuss the vote on the federal budget for the year 2018, stressing the keenness of the Council to take the observations of the parliamentary blocs on the budget, announcing the contact with the The President of the Republic in order to hold a meeting of the three 1presidencies to discuss the issue of voting on the budget.

The Council read the report and discuss the draft federal budget law of the Republic of Iraq for the fiscal year 2018 submitted by the Finance Committee. In the interventions of the ladies and gentlemen MPs on the bill, MP Ammar Tohma presented the final accounts of the previous budgets, proposing the adoption of the principle of voluntary saving through increasing the interest granted to reduce dependence on foreign loans MP Hassan Khalati called for guaranteeing the rights of the oil-producing provinces, especially with a budget violation that did not explain the issue of allocation and distribution of 400 billion dinars, which was agreed to .grant to the producing provinces, urging a recommendation to the government to encourage investment.

He noted that the adoption of the budget sends a positive message to the international community, especially with the meeting held in Kuwait to support the reconstruction of Iraq, calling for an increase in financial allocations to the province of Karbala according to the proportion of population on the principle of (visitor - .(dollars The deputy Ahmad Hama Secretary on behalf of the Kurdish blocs that the proportion of compensation of the staff of the province in the draft budget law has been reduced in a way to cover a large proportion of employees as the term provinces of Kurdistan is contrary to the Constitution as it suggests the unwillingness of the federal government to deal with the provincial government.

Article Credit:
(Special thanks to Tim Tarkington)