Iraqi parliament convenes tomorrow for the second reading of the budget bill

The Iraqi parliament has received the Finance Committee report on the budget bill.

Kurdistan 24 2023/04/15 22:53

Iraqi Parliament's during a session for electing President of Republic, Feb. 7, 2022. (Photo: Iraqi PM Office/HO/AFP)

Iraq Iraqi House of Representatives budget bill oil

ERBIL (Kurdistan 24) – The Deputy Speaker of the Iraqi parliament announced that a session will convene tomorrow to discuss the budget bill.

The Iraqi parliament has received the Finance Committee report on the budget bill. It will hold a second reading of the budget bill in Sunday's session, the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed today.

The Iraqi government spokesperson, Basim Alawadi, previously announced that the budget proposal estimates that oil revenues will be 117.3 trillion Iraqi dinars while non-oil revenues will be 17.3 trillion Iraqi dinars.

The total proposed expenditure amounts to nearly 198 trillion Iraqi dinars, while investment projects are estimated at 47.5 trillion Iraqi dinars.