The budget will be submitted to the parliament at the beginning of the legislative term, says PM’s Advisor

politics

10-01-2023, 13:26

+A -A

Baghdad-INA

The Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, on Tuesday, set the date for sending the budget to the parliament.

"The general budget for 2023 is in its final touches," Salih told the Iraqi News Agency (INA).

He added, "The budget will be on the parliament's table once the parliamentary recess ends and the start of the 2023 legislative term."

Earlier, Minister of Finance, Taif Sami, announced that the price of a barrel of oil, which was currently set in the general budget, amounted to 65 dollars, and it may reach 70 dollars, while the exchange rate was fixed at 1450.

While the Parliamentary Finance Committee stated that the expected budget amount is about 140 trillion dinars.