Baghdad / NINA / The MP of the State of Law Coalition, Thaer Makhaif, revealed the reasons for the delay in sending the state budget for 2023 from the government to Parliament, despite its readiness.

Makhaif said in a statement to the National Iraqi News Agency / NINA /: “There are two main reasons for the delay in sending the budget from the government to parliament despite the completion of its paragraphs by the Ministry of Finance. The first is the change in the exchange rate of the dollar and its instability so far in the domestic markets, noting that the second is the Kurdistan region’s share of the budget and the high ceilings in their demands from the federal government.

“Parliament needs a period of four weeks or a little less to approve the budget as soon as it arrives from the Council of Ministers,” he said.

He stressed that the political consensus between the blocs will resolve the approval of the budget quickly.

Source: National Iraqi News Agency