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Finance: Soon the investment budget will be equal to the operational
18/01/2014
Observers praised the Ministry of Finance's assurances that the investment budget for the coming years will be equal or close to operational.
Promised financial expert, the appearance of Mohammed Saleh this direction, a step in the way of achieving real development of the country.
Saleh added that the increase in the investment budget means providing more job opportunities for young people, noting that the problem lies in the poor implementation of budgets for investment, as the proportion of its implementation in 2013 ranged between 30-35%.
He said an expert in the Ministry of Finance Hilal Taan that the budget in 2014 pushed operating expenses to 65% and include reducing Alaivadat and buy non-financial assets such as furniture and other, offset by an increase in the investment budget to 35%, and will increase in the coming years the investment budget for the development of new projects and the completion of projects under implementation.
To this end, a member of the economic and investment commission in the House of Representatives MP Abdul Hussain Abtan the stage after the next election and the formation of a new government, Iraq will witness a development in the field of economy, investment budgets will also see the presence of a significant improvement experts and advisers incompetent to manage money.
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18/01/2014
Observers praised the Ministry of Finance's assurances that the investment budget for the coming years will be equal or close to operational.
Promised financial expert, the appearance of Mohammed Saleh this direction, a step in the way of achieving real development of the country.
Saleh added that the increase in the investment budget means providing more job opportunities for young people, noting that the problem lies in the poor implementation of budgets for investment, as the proportion of its implementation in 2013 ranged between 30-35%.
He said an expert in the Ministry of Finance Hilal Taan that the budget in 2014 pushed operating expenses to 65% and include reducing Alaivadat and buy non-financial assets such as furniture and other, offset by an increase in the investment budget to 35%, and will increase in the coming years the investment budget for the development of new projects and the completion of projects under implementation.
To this end, a member of the economic and investment commission in the House of Representatives MP Abdul Hussain Abtan the stage after the next election and the formation of a new government, Iraq will witness a development in the field of economy, investment budgets will also see the presence of a significant improvement experts and advisers incompetent to manage money.
[You must be registered and logged in to see this link.]
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