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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Parliamentary Finance: Linking the financing of ministries to the approval of the budget schedule de

    Rocky
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    BUDGET - Parliamentary Finance: Linking the financing of ministries to the approval of the budget schedule de Empty Parliamentary Finance: Linking the financing of ministries to the approval of the budget schedule de

    Post by Rocky Thu 29 Feb 2024, 5:22 am

    Parliamentary Finance: Linking the financing of ministries to the approval of the budget schedule delays projects

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    Projects



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    Economy News - Baghdad
    On Wednesday, a member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, criticized linking the funding of ministries and governorates to the House of Representatives’ approval of the budget amendments schedule for each year, “which led to a delay in financing projects.”
    Al-Kadhimi said in statements followed by Al-Iqtisad News, “The House of Representatives’ approval of a three-year budget was aimed at continuing funding and not delaying it as happens annually. It is unfortunate that the Ministry of Finance linked the funding of ministries and governorates to the approval of the schedule of amendments scheduled for each year.”
    He added: “It would have been better for the Ministry of Finance to continue disbursing allocations to the ministries and governorates in the first section and speed up the submission of the amendment schedules,” noting that “linking funding to the budget schedules led to a delay in the work of projects in the Ministry of Health, the Ministry of Education, and other ministries.”
    Al-Kadhimi pointed out that “the government and finance ministry’s direction must be to accelerate the release of allocations,” noting that “the House of Representatives is awaiting the budget schedules that were supposed to be sent before the end of last year.”
    The member of the Parliamentary Finance Committee continued, “Sending the tables and approving them is linked to the government, and they relate to the variables with the numbers in the table, including, for example, increasing allocations for electric power production, increasing ration allocations or purchasing water and wheat, increasing social welfare allocations, and other issues.”
    He stressed, "The government should have diagnosed it before the end of last year and sent it quickly so that the House of Representatives could approve it and continue working without delay."


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