The Finance Committee meets today to discuss the budget items

Baghdad-INA
The Parliamentary Finance Committee announced on Monday, that the Kurdistan region’s share of the budget amounts to 16 trillion dinars, while it indicated that the confirmation of retirees was taken into account in the 2023 budget.
 
Committee member Mueen Al-Kazemi told the Iraqi News Agency (INA), "The committee will meet today Monday, in the presence of the Minister of Finance, to discuss the budget items, including the reasons for its rise to 200 trillion dinars, including 150 trillion dinars for the operational budget and 50 trillion dinars for the investment budget, and how to address the deficit of 64 trillion dinars."
 
He added, "The committee is serious about speeding up the completion of the budget accurately, and there must be a real review of the budget and reducing the deficit, which will be through meetings with ministries and institutions, reviewing numbers, reducing some chapters, and transferring from one chapter to another."
 
He stated, "The share of the Kurdistan region in the budget is 12.67 percent, which is approximately 16 trillion dinars," explaining that "the revenues of the Kurdistan region will be reviewed."
 
He pointed out that "passing the budget needs from a month to 45 days."
 
Regarding the appointment of retirees, Al-Kazemi pointed out that "the appointment of retirees, was taken into account in the 2023 budget through the job grades that were created in the Ministry of Finance, including the 280 thousand job grades for lecturers and the 74 thousand job grades for higher and first degrees, and so on with regard to electricity contracts, the Baghdad Municipality and other self-financing departments.”
 
The salaries of the employees, who numbered nearly 4 million employees, amounted to approximately 58 trillion dinars.