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The appearance of Muhammad Saleh: The delay in approving the budget is reflected in economic activity
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[rtl]Baghdad / NINA / Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that new investments and launching their allocations depend on the legislation of the general budget law for the current year, indicating that the delay in adopting them is reflected in economic activity.
Saleh said in a statement to the official agency, "The federal budget is the country's financial plan at the level of a whole year, and many strategic and important decisions depend on its legislation, especially investment decision-makers and the implementation of related activities at the market and private sector level, as well as the settlement of many pending rights that It belongs to the people and the general private sector that prepares and executes government projects and requests. "
He added that the new investments and the launch of T_khasisatha depends entirely on the adoption of the legislation of the budget law, particularly the implementation of new projects to be included for the first time and processes referred without delay to implementing the business sector and is related to the revitalization of the operating cycle of manpower and material resources predisposing to use. "
He explained that the adoption of a slowdown the budget would fall economic activity in achieving the role of spending and optimized in economic growth, particularly investment spending and the implementation of other annual programs including the fight against poverty , social programs , educational and technological key relevant.
He pointed out that "total government spending accounts for roughly 50% to GDP ratio Total in the economy and its effects as government spending extend to about 85% of the country's economic activity. "
And he indicated that "recession and economic recovery are directly related to government expenditures, which should contribute to achieving growth in gross domestic product that exceeds annual population growth in order to achieve economic prosperity." / End 8[/rtl]
Saleh said in a statement to the official agency, "The federal budget is the country's financial plan at the level of a whole year, and many strategic and important decisions depend on its legislation, especially investment decision-makers and the implementation of related activities at the market and private sector level, as well as the settlement of many pending rights that It belongs to the people and the general private sector that prepares and executes government projects and requests. "
He added that the new investments and the launch of T_khasisatha depends entirely on the adoption of the legislation of the budget law, particularly the implementation of new projects to be included for the first time and processes referred without delay to implementing the business sector and is related to the revitalization of the operating cycle of manpower and material resources predisposing to use. "
He explained that the adoption of a slowdown the budget would fall economic activity in achieving the role of spending and optimized in economic growth, particularly investment spending and the implementation of other annual programs including the fight against poverty , social programs , educational and technological key relevant.
He pointed out that "total government spending accounts for roughly 50% to GDP ratio Total in the economy and its effects as government spending extend to about 85% of the country's economic activity. "
And he indicated that "recession and economic recovery are directly related to government expenditures, which should contribute to achieving growth in gross domestic product that exceeds annual population growth in order to achieve economic prosperity." / End 8[/rtl]
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