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Finance: The 2019 budget focuses on job creation and service development
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Undersecretary of the Ministry of Finance, Maher Hammad Johan, announced that the draft general budget for the year 2019 focused on providing employment opportunities and developing services to citizens.
"The draft budget for 2019 will be different from its predecessors, focusing on the file of services for all provinces according to the necessary allocations, and to provide employment opportunities widely," Johann said in a statement quoted by the Iraqi news agency "Conscious".
He added that "the volume of spending in this budget is greater than revenues, has reached the budget to the latest version, which will be reviewed by the financial Thursday for the last time to be distributed after the draft to the presidencies, and related bodies such as oil ministries and education, the World Bank and others.
The Undersecretary of the Minister of Finance said that "the use of legal texts facilitates the application of paragraphs on private sector projects, as it will accelerate the progress in Iraq, especially that most countries expressed their desire to enter the Iraqi market and the establishment of projects and investment in exchange for facilitating its work," adding that "the security situation will help Much successful implementation of budget paragraphs.
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