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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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    Parliamentary Finance explains the reality of the rise in fuel prices in next year's budget

    Rocky
    Rocky
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    parliamentary - Parliamentary Finance explains the reality of the rise in fuel prices in next year's budget Empty Parliamentary Finance explains the reality of the rise in fuel prices in next year's budget

    Post by Rocky Fri Dec 29, 2023 10:37 am

    [rtl]Parliamentary Finance explains the reality of the rise in fuel prices in next year's budget[/rtl]

    Policy  ,  12/29/2023 18:03  Number of readings: 111 
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    [rtl]Baghdad - Iraq Today:

    The Finance Committee in the House of Representatives confirmed today, Friday, that fuel prices will not be raised within the 2024 budget, while expressing its hope that the budget data will be sent after the legislative recess in order to quickly amend it. [/rtl]

    [rtl]Committee member Mustafa Al-Karaawi said in press statements: “The Prime Minister has not sent any letter regarding the 2024 budget yet, but in general it is assumed that the issue of revenues and total expenditures and the percentage of deficit achieved in the new budget will be reconsidered, based on expectations of oil prices and quantities exported.” According to OPEC’s decision,” indicating that “if changes occur to these three numbers, there will be a major change to the rest of the budget schedules.”

     He added: “The volume of expenditures distributed across the spending lines, and according to the available amounts and the expected revenues, there will be a redistribution of the budget schedules, and as a result there will be a major change in the schedules.” noting that “what the political forces aspire to are the budget items.” Especially in the Kurdistan region, with regard to actual expenses and others.” He explained that: “The committee is determined that there is social justice between the governorates, and that everyone is obligated to pay the actual expenses,” indicating that “these points are the sum of the differences that we will witness in the budget during the coming period.” He expressed his hope that “the 2024 budget data will be sent after the legislative recess.” , so that they can be adjusted quickly.” Regarding the news of the increase in fuel prices in the 2024 budget, a member of the Parliamentary Finance Committee confirmed, “There is no increase in fuel prices, but rather it is regulating the process of fuel processing by converting it to electronic form and using payment cards, but there is not yet any official decision on fuel prices.[/rtl]

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