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Parliamentary proposal on the mechanism of managing the country's financial resources

rocky
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Parliamentary proposal on the mechanism of managing the country's financial resources Empty Parliamentary proposal on the mechanism of managing the country's financial resources

Post by rocky on Thu 22 Aug 2019, 3:25 am

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Parliamentary proposal on the mechanism of managing the country's financial resources

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[rtl]Date of edit:: 2019/8/28 8:59 • 84 times read[/rtl]
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A member of the committee to follow up the implementation of the government program, Anaam al-Khuzaie, on Thursday, to review the mechanism of managing the financial resources of the country and overcome the financial routine.
"The problem of disadvantage, poverty and lack of services in the southern governorates, despite being floating on a sea of ​​black gold, despite the general budget's dependence on oil imports from these governorates, has worsened," Khuzaie said in a statement. It included the general budget of the proportion of petrodollars and investment allocations specified for these provinces, but the situation of living and service has not changed, but has worsened during the previous years.
"The delay in launching investment allocations and the short period between the arrival of these allocations to the governorates and the end of the fiscal year is the main reason for the survival of the situation as it is and increasing the rate of disadvantage, poverty and lack of services," pointing out that "this painful reality requires reviewing the management mechanism The financial resources of the country and to overcome the existing financial routine through the establishment of the Public Projects Fund or the Investment Fund, in which the overflow of the public budget is deposited annually at the end of December in order to finance projects approved after the start of the new fiscal year 1 January to ensure financing For ongoing projects and to get rid of the problem of the financing gap occurring between the beginning of the year and through the adoption of the budget and the deployment and launch of the customizations that may be up to 6 months. "
Al-Khuzai pointed out that "this problem is repeated every year," stressing that "the opportunity exists this year to implement the proposal of the projects fund or investment fund and to overcome all obstacles that limit its legislation and its application on the ground to serve the oppressed Iraqi people and to improve the service and investment reality and create new jobs In Iraq. "


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rocky
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Parliamentary proposal on the mechanism of managing the country's financial resources Empty A representative of others is calling for a review of the country's financial resources management m

Post by rocky on Thu 22 Aug 2019, 6:46 am

A representative of others is calling for a review of the country's financial resources management mechanism

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Invited a member of the Committee on the follow - up implementation of the government program for the bloc are moving "Anaam Khuzaie to review the management of financial resources of the country mechanism and overcome the financial routine, proposed establishing a fund public projects filed in which the flooding of the budget year. 

She said Khuzai: exacerbated the problem Mahromep, poverty and lack of services in Southern governorates, despite being floating on a sea of ​​black gold and despite the dependence of the general budget on oil imports from these provinces, pointing out that: Despite the contents of the general budget of the proportion of petrodollars and specific investment allocations to these provinces, Living standards and service status has not changed , but has worsened during the previous years.

The delay in launching investment allocations and the short period between the arrival of these allocations to the governorates and the end of the fiscal year is the main reason for the survival of the situation as it is and increasing the rate of disadvantage, poverty and lack of services. And to overcome the existing financial routine through the establishment of the Public Projects Fund or the Investment Fund, in which the overflow of the public budget is deposited annually (end of December) in order to finance projects approved after the start of the new fiscal year (1 January) to ensure financing. Continuing projects and eliminating the financing gap between the beginning of the year and the approval of the budget and its publication and the launching of allocations that may last up to 6 months.

She explained: This problem is repeated every year, stressing: the opportunity is present this year to implement the proposal of the projects fund or investment fund and overcome all obstacles that limit its legislation and its application on the ground to serve the oppressed Iraqi people and to improve the service and investment reality and create new jobs in Iraq. 




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