Iraqi Dinar 123 News:– The temporary finance committee of Iraq is expected to prepare and approve the budget of Iraq by the end of October 2014. The budget is presented in the parliament for discussion of Tuesday and expecting its approval in the next two weeks. The parliament has started discussion on budget draft prepared by temporary finance committee of Iraq. The approval is expected after Eid holidays according to initial reports. It means, budget will be approved by the end of October this year.
The decision is taken after the US tour of the prime minister of Iraq. It shows that something has been decided over there and will be implemented soon. Everyone in Iraq knows the importance of approval of Iraq budget for the economic development of the country. That’s why now serious efforts are being made for its approval. There were few major hurdles in the approval of the Iraq budget that have been clarified. The Kurdish parliamentarians are now back in the parliament and attending parliament sessions. The Sunni Law makers are also in the parliaments and the key person of Iraq, prime minister is also on the seat. Now approval of the budget has become so easy and will be approved in the next few days.