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Complementary Budget
25/7/2018 12:00 am [rtl]Haidar Kazem Al-Baghdadi The supplementary budget represents a supportive component of the local economy because of the new financing power that promotes the implementation of production and service projects and the resulting direct and indirect benefits. When a supplementary budget is approved, this means opening up new jobs in different sectors, especially those that touch the life of the community, which are mostly service or support for strategic projects of greater public benefit, and a change in local mechanisms. The new financial force must be managed with high transparency and money should go in the directions that leave behind a positive economic imprint in the life of society, especially as the country's need for projects is very many, but the supplementary budget must focus on projects that touch the life of the citizen and provide him with well-being. When the crisis cell worked to approve a supplementary budget, it realized the need for new projects, and the financial distress experienced by Iraq and the world during the past period has led to a decline in service projects that should be provided to citizens. The high transparency in budget spending leads to the achievement of the goals set, which will provide the required services and this direct benefit, as well as the indirect benefits of job opportunities within projects and other sectors that are indirectly related to the management of these projects. The reality requires that the local or international quality effort should be selected according to the available resources, so as to achieve qualitative implementation during the periods of assignment and implementation, thus ensuring an improvement in services or production during this period of time that represents the life of the project. No one can describe the supplementary budget without the task, but comes at the time of the country where the need for it, and when allocated to the aspects of investment, the importance of double, in light of the need for services in most parts of Iraq. The reality of the economy and the national need to activate all fields of work and provide an environment conducive to the completion of specific projects, and attract foreign capital after the necessary guarantees are provided to them, and here can use several global experiences and transfer to Iraq, to benefit from the process of sustainable economic development. We hope the supplementary budget to be a new beginning working on the recruitment of funds in projects that relieve the citizen and develop some economic joints important to the economy of the family and the national economy. [/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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