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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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    Sudanese financial advisor excluded a deficit in the new budget

    Rocky
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    • Post n°1

    financial - Sudanese financial advisor excluded a deficit in the new budget Empty Sudanese financial advisor excluded a deficit in the new budget

    Post by Rocky Sun 13 Aug 2023, 4:52 am

    [rtl]Sudanese financial advisor excluded a deficit in the new budget[/rtl]

    economy  ,  2023/08/13 10:08  , Number of readings: 162 
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    [rtl]Baghdad - Iraq today:

    Mazhar Muhammad Salih, the financial advisor to the Iraqi Prime Minister Muhammad Shia' al-Sudani, ruled out the occurrence of a financial deficit in the current fiscal year 2023, stressing that the financial situation in the country indicates a high degree of stability.[/rtl]
    [rtl]The Iraqi News Agency "INA" quoted Salih as saying: "The federal general budget for the years 2023-2024-2025 has taken into account sufficient hedges for fluctuations in annual budget revenues, specifically oil revenues, as the fiscal policy adopted a hypothetical or precautionary deficit amounting to approximately 64 trillion dinars. .[/rtl]
    [rtl]He added that "the federal general budget showed at the same time in its law a clear detail of the sources of financing that deficit as well, as its financing sources will be, when necessary, from the surpluses of the internal financial market, by dealing with bonds and treasure transfers issued by the government."[/rtl]
    [rtl]“The situation is stable.”

    Saleh indicated that “we do not expect a deficit during the current fiscal year for two reasons: the first is the existence of a financial surplus of about 23 trillion dinars ($17 billion), and the second is that the cycle of oil assets is on.” the rise, as the average barrel of Brent oil touches 85 dollars.” This means that there is an increasing global demand for oil.[/rtl]
    [rtl]He said that if things continue until the end of the current fiscal year, the country's financial situation "indicates a high degree of stability in a positive way," stressing at the same time the importance of "imposing financial discipline in managing the state's public expenditures." , as well as maximizing financial revenues" to ensure financial sustainability. .[/rtl]
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