Alternative option for 2022 budget in case that it is not legislated

politics/Local

10-08-2021, 17:18

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Baghdad-INA

Finance Committee in the House of Representatives, Ahmed Al-Saffar, ruled out today, Tuesday, the legislation of the federal general budget law for the next fiscal year 2022 this year, in the event that elections are held on the 10th of next October, while specifying an alternative option.
Al-Saffar said in a statement, the budget depends on the political situation, especially the elections, and if the elections actually take place on the 10th of next October, I expect that there will be no federal general budget law for the next fiscal year 2022, and it will be the alternative option." It is possible to work with the 1/12 system, re-again implementation of the 2021 budget.”
Al-Saffar concluded that "if there is any holdup in the elections, there is a possibility that the government will present the budget and it will be approved by the current parliament.