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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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    The government begins preparing the 2024 budget schedules

    Rocky
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    • Post n°1

    BUDGET - The government begins preparing the 2024 budget schedules Empty The government begins preparing the 2024 budget schedules

    Post by Rocky Wed 10 Jan 2024, 9:58 am

    The government begins preparing the 2024 budget schedules

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    Economy News - Baghdad
    Deputy Prime Minister, Minister of Planning Muhammad Tamim, announced work on preparing the 2024 budget schedules and sending them to Parliament for approval.
    A statement issued by the Ministry of Oil, a copy of which was received by Al-Eqtisad News, said: “Today, Wednesday, Deputy Prime Minister and Minister of Planning, Muhammad Ali Tamim, chaired an expanded meeting, held in the Ministry of Oil, in the presence of the Deputy Prime Minister for Energy Affairs, Minister of Oil, Hayan Abdul-Ghani, Minister of Finance, Taif Sami, Minister of Oil in the Kurdistan Regional Government, Kamal Muhammad, and his accompanying delegation, as well as undersecretaries of the Ministries of Planning and Oil, and a number of general directors in the two ministries, and the Ministry of Finance.”
    The statement added that during the meeting, mechanisms for preparing the general budget schedules for this year 2024 were discussed, in its operational and investment aspects, in light of oil prices and the revenues expected to be achieved during this year.
    The minister stressed the government's keenness to complete these schedules within this year's budget as soon as possible and send them to the House of Representatives for approval, taking into account the quantities of oil exported, including the Kurdistan region's share, and Iraq's obligations to the production quotas specified by OPEC Plus.
    For his part, the Minister of Oil, Hayan Abdul Ghani, stressed the importance of the budget, which requires completing the spending and financial revenue schedules, indicating that the Ministry of Oil is making great efforts to provide the best conditions to secure the production and export of oil, and to achieve appropriate revenues to secure financing of the budget.
    In addition, Finance Minister Taif Sami indicated the ministry’s keenness to achieve balance in the budget and secure the necessary funding for the ruling and basic spending sections, whether on the operational or investment side.
    Meanwhile, the Minister of Oil in the Kurdistan Region, Kamal Muhammad, expressed the region’s readiness to cooperate in the field of oil export in accordance with what was approved by the budget law.
    It is noteworthy that the Iraqi government approved a three-year budget in order to formulate a clear financial and economic policy to achieve development.


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