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Iraq's Parliament Takes Action: Investigating Budget Manipulation Amid Controversy

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Iraq's Parliament is investigating allegations of budget manipulation involving trillions of dinars. Discover the implications of these discrepancies and the ongoing inquiry into financial governance.


Iraqi Parliament Investigates Budget Manipulation

The Iraqi parliament has initiated an investigation into the controversial budget schedules that have sparked widespread debate among citizens. Allegations of tampering with budget tables have emerged, raising concerns about potential forgery involving trillions of dinars. The Prime Minister's Office has expressed its apprehensions regarding discrepancies, noting the existence of three different copies of the budget.

The Acting Speaker of Parliament, Mohsen Al-Mandalawi, confirmed that the budget law tables approved by the House of Representatives were identical to those sent by the Council of Ministers. However, economic experts like Nabil Al-Marsoumi have highlighted that the 2024 budget schedules have not yet been published, despite being voted on two months ago. This situation has prompted calls for a detailed inquiry into the matter.

Discrepancies and Investigations

Parliament member Sarwa Abdul Wahid has urged the formation of a parliamentary committee to uncover the truth behind the discrepancies, which allegedly amount to 8 trillion dinars. The Finance Committee member, Moeen Al-Kadhimi, suggested that various explanations could account for the differences, including unintentional errors or deliberate manipulation for political gain. He reassured that the approved budget, amounting to 211 trillion dinars ($161.11 billion), is still valid and being implemented despite the controversies surrounding it.

Al-Kadhimi emphasized that the additional amounts proposed in the budget tables do not pose any financial harm, but the investigation will clarify the situation. The ongoing inquiry aims to preserve the integrity of parliamentary decisions and ensure transparency in the budget process.

Addressing Budget Deficits

As the investigation unfolds, legal expert Naktal Abdul Hassan Al Kaabi highlighted the need for coordinated efforts among relevant authorities to address any potential legal violations. He suggested that if substantial discrepancies are found, re-evaluating the budget tables may be necessary to maintain transparency. Economic expert Safwan Qusay underscored the challenges ahead, noting that Iraq's current spending levels fall short of the budget allocations, which could hinder future investments.

The ongoing scrutiny of Iraq's budget processes is crucial as the nation grapples with economic challenges and aims to ensure responsible financial governance.

Clam Reports
Refs: | Aljazeera |

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