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Iraqi Parliament Completes First Reading of Draft Law for Final Accounts from 2012 to 2015


Baghdad: The House of Representatives in Iraq has successfully concluded the first reading of the draft law that aims to approve the final accounts for the fiscal years from 2012 to 2015. This was accomplished during a session held by the Iraqi Parliament today.



According to National Iraqi News Agency, the legislative body meticulously addressed the fiscal reports for each year, starting with 2012 and proceeding sequentially through 2013, 2014, and finally 2015. This step marks an essential phase in the legislative process, focusing on the government’s historical financial statements.



The completion of the first reading signifies progress in the approval process, which will continue with further readings and discussions before any final legislative action is taken. The draft law’s advancement is a critical component of financial transparency and accountability for the stated fiscal years.