Friday, 22 June 2018 01:04 GMT

Iraq's Masum declines 2018 budget bill

(MENAFN) Iraq's controversial 2018 budget bill has been rejected by Iraqi president Fuad Masum, who also ordered it back to the parliament, according to a source on Tuesday.

Alsumaria News quoted an "informed source" saying that the president rejected to approve the bill and decided to return it to the parliament for review.

Kurdish network NRT also quoted a source saying that the president cited 31 financial and legal violations in the document. He said that "while the budget empowers the cabinet to restructure ministries, the constitution limits that authority to legislation".

It's worth mentioning that the Iraqi parliament voted in favor of the draft on March 3rd amid a boycott from Kurdistan Region representatives who objected to reducing the region's share of allocations from 17% to slightly above 12%.


Iraq's Masum declines 2018 budget bill

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