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Expert: The Ministry of Finance required to begin preparing the budget in Law (2014) to avoid the mistakes of the past years
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Baghdad (news) .. Economic expert called Mohammed Ahmed al-Hassani, the Ministry of Finance to the need to begin preparing the budget year (2014) to avoid the mistakes that occurred during the past years, which led to the delay in approving the budget.
Hassani said (of the Agency news): The approval of the budget over the past years came in the first quarter of the fiscal year and the process of launching the disbursement of funds comes after more than a month of approving the budget, which leads to delay implementation of many investment projects and services to the provinces and ministries.
He added: that the Ministry of Finance is required to prepare next year's budget from now to the budget law to submit a proposal to the Council of Ministers at a lower oil price than the price specified in the current year's budget so as to avoid any effects may occur on the price of oil on world markets.
The parliamentary Finance Committee has sent an urgent letter to the Ministry of Finance confirmed the need to begin to prepare the initial budget for the year 2014
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[You must be registered and logged in to see this image.]
Baghdad (news) .. Economic expert called Mohammed Ahmed al-Hassani, the Ministry of Finance to the need to begin preparing the budget year (2014) to avoid the mistakes that occurred during the past years, which led to the delay in approving the budget.
Hassani said (of the Agency news): The approval of the budget over the past years came in the first quarter of the fiscal year and the process of launching the disbursement of funds comes after more than a month of approving the budget, which leads to delay implementation of many investment projects and services to the provinces and ministries.
He added: that the Ministry of Finance is required to prepare next year's budget from now to the budget law to submit a proposal to the Council of Ministers at a lower oil price than the price specified in the current year's budget so as to avoid any effects may occur on the price of oil on world markets.
The parliamentary Finance Committee has sent an urgent letter to the Ministry of Finance confirmed the need to begin to prepare the initial budget for the year 2014
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