Iraqi parliament at work National budget vote on June 10 at 17:00. It was previously postponed due to disagreements between political blocs.
180 deputies attended the session. On Thursday, the first day of the meeting, they managed to address only 7 of the 67 items. Debate over the details of the budget heated up on June 9 after the Parliamentary Finance Committee made several last-minute changes that led to opposition from the Kurdistan Democratic Party (KDP).
“The behind-the-scenes discussions about the budget continue to resolve the differences. This is especially true for the Kurds’ share,” said one of the politicians.
WPC representative Sheriff Suleiman He said that disagreements about the approval of the budget are expected from him. He also drew attention to the attempts of lawmakers to deprive the region of constitutional privileges:
“Political forces are targeting Kurdistan. There are parties that want to profit at the expense of others, and that is unconstitutional.”
However, Süleyman emphasized that the differences are mostly formal, not material and can be overcome in the future. Parliamentarians cannot agree on a controversial clause on the management of oil revenues. The Kurdistan Regional Government (KRG) has been earning billions of dollars by exporting 475,000 barrels of fuel a day to Turkey without the approval of Iraq for years. Previously, Parliament was expected to vote on the budget at the end of May.
The country is set to adopt the largest fiscal budget in state history, with $153 billion for this year. The order came from the Iraqi Prime Minister Sudanese Mohammed Shia. About $68 billion will go to public sector salaries and benefits. 12.6% of the total budget will be allocated by the KRG. The same budget distribution is planned for 2024 and 2025.
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