The 2020 Budget will be Built on The Basis of The New Government Program

Parliamentary Finance: The 2020 Budget will be Built on The Basis of The New Government Program

Member of the Parliamentary Finance Committee Haneen Al-Qaddou revealed on Tuesday that there is a trend to reformulate the 2020 budget law to be in line with the new government program, indicating that the caretaker government cannot set the economic program for a full year.

Al-Kiddu said in a statement to “Information” that “passing the country’s budget through a previous government program can never be based on the ideas of an expired government.”

He added that “the next government is obligated to develop a new strategy to fortify and support the economy by diversifying funding sources and relying on other wealth, agriculture and industry, and then formulating a budget along the lines of the new program.”

Al-Kiddu explained, “The current government is to conduct daily business and according to the law, it does not have the right to send the current budget to Parliament, which requires the next government to reconsider it radically.”

News source: https://rasediraqi.com/