Baghdad The specialist in economic affairs, Durgham Muhammad Ali, called on the new parliament to receive the 2022 budget law as the first draft law to discuss.
Muhammad Ali said in a statement to the National Iraqi News Agency (NINA) that “the timing of the first session and the procedures for selecting presidencies and the government should not distract the parliament from the budget law for the year 2022, because the time period for its legislation will be narrow.”
He added: “Approving the budget early will allow it to be implemented in its correct form, especially in the investment aspect.”
He stated: “Its delay may lead to its failure to approve it, as happened in the 2020 budget, which was not approved at the time, which will lead to spending without the presence of final accounts, and this will impede investment spending and lead to an increase in the possibility of corruption in spending and deprive the oil provinces of petrodollar shares. .
Source: National Iraqi News Agency