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Lawmakers: The three-year budget blocks the path of corruption
The first 2023/03/29
Baghdad: Omar Abdul Latif
Representatives believe that preparing a budget for the next three years will reduce the chances of looting and corruption from public money, while
an economist warned against adopting 2023 allocations in the 2024 and 2025 budgets, explaining that these allocations may go into the pockets of manipulators and corrupt people, he said.
Representative Abbas al-Jubouri said, in an interview with "Al-Sabah", that
"the three-year budget that the government sent to the House of Representatives is a financial plan for more than a year, according to what is designed by the Ministry of Finance and after the approval of the Council of Ministers," adding that
"the stages of budget formation are preparation, approval and implementation."". The deputy pointed out that
the budget "took a long period of time for a new government not more than four months ago, which is normal for a government with national expertise that walks between mines and surprises," noting that
the government's supporters consider it "a national achievement that is produced for the first time in Iraq, and indicates a state of stability." This gives a reassuring impression to others.” Al-Jubouri continued,
"The government is working to gain time for the coming years and not to waste useful time in discussions that are often repetitive every year." The deputy pointed out that the
opponents of this government "see that the three-year budget is a point in Al-Sudani's political balance due to its leadership and high audacity, and it is an early election propaganda for Al-Sudani and a method for rapid implementation," adding that
"the budget from the opponents' point of view gives Al-Sudani "surplus power" that enables him to Building a lot in the world of politics, money and power, and distancing the government from the House of Representatives and expelling it from the circle of partnership, monitoring and accounts, in light of the instability of the global and local market, the dollar exchange rate and oil prices, and these are all factors of concern. The deputy explained that
"the neutrals believe that the tripartite budget was adopted in many stable countries and was not a financial or political heresy, and
the objection to it falls within the political framework, not the economic or financial."
Economist Haitham Al-Husseini points out, "An error in understanding Article 4 second of Financial Management Law No. 6 of 2019 for preparing a medium-term budget."
Al-Husseini added in his interview with "Al-Sabah" that
"within the general framework, the purpose of preparing a medium-term budget may be to provide financial stability," adding that
"what is mentioned in the budget law in Article 65 is just a reference to approving the same allocations for the year 2023 for the two years that follow.". The expert stressed that
"preparing three separate budgets with an allocation for each fiscal year according to the actual need based on the final accounts of previous years is the right procedure," explaining that
"if the same previous allocations are approved, they may go into the pockets of the manipulators and the corrupt."
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