Al-Kazemi chairs a meeting to discuss the 2020 budget

Baghdad today – Baghdad
An informed source said, Monday (September 28, 2020), that Prime Minister Mustafa Al-Kazemi chaired a meeting to discuss the 2020 budget bill.
The source said in an interview with (Baghdad Today), “Al-Kazemi held a special meeting today to discuss the current year’s budget, after it was withdrawn from the House of Representatives.”
Earlier, MP Muhammad Shi`a al-Sudani spoke about the reason for the government to withdraw the 2020 budget from Parliament, one day after it was sent.
“The government withdrew the budget law for the year 2020 to make amendments to it,” Al-Sudani said in a post on Facebook, and followed him (Baghdad Today).
He added, “As a result of the meeting of the three presidencies and political forces, it was found that the percentage of deficit in the 2020 budget is enormous without the government providing any economic reforms.”
Al-Sudani continued, “The government relied on borrowing from the balance of the Central Bank,” noting that “this process is considered dangerous and affects the country’s financial situation.”
On the 23rd of this month, the General Secretariat of the Council of Ministers announced the withdrawal of the 2020 budget bill from the House of Representatives.
A document issued by the secretariat, addressed to the House of Representatives secretariat, stated: “We hope to withdraw the draft Federal Budget Law for the Republic of Iraq for the fiscal year 2020.”
According to the document, its withdrawal came “for the purpose of making some amendments to the aforementioned bill.”

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