Amir Al-Maamouri Discusses Implications of Amendment to Triple Budget Law
On Monday, independent deputy Amir Al-Maamouri commented on the recently approved amendment to Article 12 of the Triple Budget Law, which encompasses the fiscal years 2023, 2024, and 2025. This amendment is set to have significant ramifications for the budget, particularly as it addresses casualties incurred during this period.
Al-Maamouri emphasized the potential financial burden that the retroactive application of this amendment could impose on the national budget. He highlighted the necessity for careful legislative consideration regarding its implications for public funds and resource allocation in Iraq.
The amendment aims to revise budgetary allocations in light of past expenditures related to casualties, an essential issue for the government as it balances the need for support and services to the affected families with fiscal responsibility.
As the economic landscape in Iraq continues to evolve, the implications of such legislative changes require close scrutiny from both policymakers and economic analysts.