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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Al-Kazemi's advisor: Iraq will witness a new pattern of financial discipline of expenditures

    Rocky
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    Al-Kazemi's advisor: Iraq will witness a new pattern of financial discipline of expenditures Empty Al-Kazemi's advisor: Iraq will witness a new pattern of financial discipline of expenditures

    Post by Rocky Sat 26 Feb 2022, 6:18 am

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    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq will witness another type of financial discipline in expenditures in order to achieve development.
    Saleh said, in a statement to the Iraqi News Agency (INA), that "the general budget is not austere in its investment aspect related to accelerating growth and economic prosperity and reducing unemployment," noting that "the funding will be ideally directed towards this aspect, as well as financing the productive private sector and motivating A market economy with investment trends that engage the work and maximize the added value in the national economy.
    He explained that "the budget will remain more disciplined in operational spending, and work will be done to achieve the principles of the Financial Management Law in the issue of the sovereign fund that leads to the generation of national savings that support the budget in the future and national income, including surpluses that exceed the sustainability of current operating expenses, instead of expanding them and squandering resources in trends Consumerism squanders the country's national wealth."
    And he added, "Iraq will witness another type of financial discipline in expenditures in order to achieve maximizing employment and development."
    The financial advisor stressed, "It is preferable that the general budget be approved, at least in such circumstances, before the first half of the year, in order to achieve the ideal time range for the exhaustion of the planned programs and projects during the fiscal year."
    He added that "time is subject to investment, and wasting it represents a waste of life and progress opportunities, accompanied by the payment of humanitarian and strategic costs that are difficult to recover." 
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    Al-Kazemi's advisor: Iraq will witness a new pattern of financial discipline of expenditures Empty Iraq will experience a new pattern of expenditures fiscal discipline, Al-Kadhimi's advisor

    Post by Rocky Sat 26 Feb 2022, 5:50 pm

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      Baghdad-INA The financial advisor to the Prime Minister, Madher Mohammad Salih, confirmed that Iraq will witness another type of financial discipline in expenditures in order to achieve development. Salih said, in a statement to the Iraqi News Agency (INA), that "The general budget is not austere in its investment aspect related to accelerating growth and economic prosperity and reducing unemployment," noting that "the funding will be ideally focused on this aspect, as well as financing the productive private sector and motivating a market economy with investment trends that engage the work and maximize the added value in the national economy”."The budget will remain more disciplined in operational spending, and the principles of the Financial Management Act will be pursued in the Sovereign Fund, which will generate supportive national savings for future budget and national income, including surpluses that outweigh the sustainability of current operational expenditures, rather than expanding them and squandering resources in consumer trends that will waste the country's national wealth", Salih elaborated. The financial advisor stressed, "It is preferable that the general budget be approved, at least in such circumstances, before the first half of the year, in order to achieve the ideal time range to achieve the planned programs and projects during the fiscal year.""Time is subject to investment and waste it represents a waste of life and progress, accompanied by the payment of difficult-to-recover humanitarian and strategic costs.https://ina.iq/eng/17779-iraq-will-experience-a-new-pattern-of-expenditures-fiscal-discipline-al-kadhimis-advisor.html

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