The specialist in economic affairs, Durgham Muhammad Ali, confirmed: “More delay in approving the budget will lose its importance and content.”
Muhammad Ali said in a statement to the National Iraqi News Agency (NINA) that “the lack of approval of the budget, and we are in the middle of the year, has made it lose its content, especially on the investment side,” noting that “a solution must be found to the crisis facing the approval of each budget.”
He added: “A joint workshop between the Ministry of Finance and representatives of the blocs during the formulation of the budget will overcome many of these problems.”
He continued: “Proceeding annually with this sterile scenario of political rivalries, will renew the problem of lack of budgets or their significant delay.”
Source: National Iraqi News Agency