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2022-03-19 06:04
Al-Kazemi’s advisor: The previous budgets went to salaries, and amending the white paper is a necessity
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2022-03-19 06:04
Shafaq News/ Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, noted on Thursday that the previous public budgets consisted of paying salaries instead of services, while stressing the need for an amendment to the "white paper" by the specialists.
This came during a financial and accounting training center set up by the Ministry of Finance entitled (Assessment of fiscal vitality in public budgets), according to a statement issued by the ministry, received by Shafak News Agency.
Saleh said, according to the statement, that "most of the previous budgets were compensatory budgets, that is, distributing salaries instead of free public services, and transferring them to special services such as electricity and water, and this is a failure in preparing public budgets."
He added that "the ministry's financial policy came with positive financial results, and modified the Iraqi economy," noting that "this change should not continue for a long time because it will affect the general members of society."
The economic advisor praised “the economic reforms presented by the white paper that significantly improved the country’s situation and the conduct of financial matters,” stressing the need to “adopt these reforms and amend this paper by the specialists.”
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This came during a financial and accounting training center set up by the Ministry of Finance entitled (Assessment of fiscal vitality in public budgets), according to a statement issued by the ministry, received by Shafak News Agency.
Saleh said, according to the statement, that "most of the previous budgets were compensatory budgets, that is, distributing salaries instead of free public services, and transferring them to special services such as electricity and water, and this is a failure in preparing public budgets."
He added that "the ministry's financial policy came with positive financial results, and modified the Iraqi economy," noting that "this change should not continue for a long time because it will affect the general members of society."
The economic advisor praised “the economic reforms presented by the white paper that significantly improved the country’s situation and the conduct of financial matters,” stressing the need to “adopt these reforms and amend this paper by the specialists.”
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