Minister of Finance: The government started early in preparing for the 2020 budget
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Finance Minister Fouad Hussein said on Wednesday that the government had begun early in preparing for the general budget law for 2020.
"The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein in London, British Minister of International Trade Graham Stewart, the two sides reviewed the economic and trade relations between Iraq and Britain and discussed the best ways to enhance trade exchange," the Information Office of the Minister of Finance said in a statement. And develop the role of the private sector in this context. "
The Office added that "the Deputy Prime Minister gave a brief explanation of the State Budget Law for 2019 and the government plans to promote economic activity through the government program," noting that "the government began early in the preparation of the law of the General Budget for the year 2020 through the meeting directly each Representatives of ministries, bodies and governorates to find out their actual needs. "
Fuad Hussein said that he held several meetings with Iraqi and international institutions to develop the working environment, investment and trade and discuss issues of entry, reform of the tax and customs system and the development of banking and other work to facilitate the work of companies and the private sector of Iraq and foreign.
"Britain is an important partner for Iraq and we are interested in increasing the balance of trade between the two countries," he said.
For his part, Stewart stressed the "readiness of his country to cooperate fully with the Iraqi government to develop the working environment and exchange of experiences and increase the volume of trade exchange and urged British companies to benefit from the investment offer in Iraq."