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[size=35][size=35]Budget 2024.. Fears that increasing non-oil revenues will be at the expense of the citizen[/size]
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04-22-2024 | 15:11
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While the Ministry of Finance is working to reduce current expenditures in the budget and increase non-oil revenues, societal classes fear that this matter will be at the expense of the citizen.
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Despite the passage of about five months, the budget for the year 2024 has not reached Parliament yet. It was supposed to be sent to the legislative house at the end of the previous year. This delay is said by the Parliamentary Finance Committee to have been the result of reasons related to the high volume of spending and its significant increase, and that The matter prompted the government to review the costs and actual spending for the year 2023. The greatest weight of the high spending came within the operational budget, as the size of the current year’s budget reached two hundred and twenty-eight trillion dinars, with a deficit that reached eighty-one trillion. Therefore, the government is in the process of reviewing the financial allocations and their needs. Actual, as the [url=https://www.alsumaria.tv/entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url] works to improve the effectiveness of planning and implementation of the general budget, reduce current expenditures, and increase non-oil revenues.
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04-22-2024 | 15:11
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While the Ministry of Finance is working to reduce current expenditures in the budget and increase non-oil revenues, societal classes fear that this matter will be at the expense of the citizen.
[ltr]
0 seconds of 0 seconds Volume 0%
[/ltr]
Despite the passage of about five months, the budget for the year 2024 has not reached Parliament yet. It was supposed to be sent to the legislative house at the end of the previous year. This delay is said by the Parliamentary Finance Committee to have been the result of reasons related to the high volume of spending and its significant increase, and that The matter prompted the government to review the costs and actual spending for the year 2023. The greatest weight of the high spending came within the operational budget, as the size of the current year’s budget reached two hundred and twenty-eight trillion dinars, with a deficit that reached eighty-one trillion. Therefore, the government is in the process of reviewing the financial allocations and their needs. Actual, as the [url=https://www.alsumaria.tv/entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url] works to improve the effectiveness of planning and implementation of the general budget, reduce current expenditures, and increase non-oil revenues.
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