Monday, September 23, 2024

Baghdad

Khalil: Infrastructure Law involves several lacunas

Khalil: Infrastructure Law involves several lacunas

Baghdad (IraqiNews.com) The rapporteur of the Parliamentary Economic Committee, Mahma Khalil, pointed out that “The Infrastructure Law involves several lacunas and some political blocs will vote on it on next Tuesday session unless these lacunas are eliminated.”

Speaking to Iraqi News (IraqiNews.com), he said “We wished the payment to be immediate since funds are available in the general budget,” noting that “We are concerned that the law may result in heavy debts on Iraq in the future.”

“This law needs new draft that will be compatible with the Iraqi Constitution and preserve the economic situation in the country,” he added, rejecting “The profits of the companies that reach 8% according to this law.”

“The Kurdistani Alliance and the Iraqiya Slate approved this law during the last parliamentary rotation yet some sides with the State of Law Coalition rejected it,” he concluded.

The parliament is supposed to vote on the Infrastructure Law on next Tuesday.