Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Parliament proposes to establish a fund in which the budget surplus is deposited

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269703
    Join date : 2012-12-21
    • Post n°1

    Parliament proposes to establish a fund in which the budget surplus is deposited Empty Parliament proposes to establish a fund in which the budget surplus is deposited

    Post by Rocky Thu 22 Aug 2019, 2:09 am

    Parliament proposes to establish a fund in which the budget surplus is deposited

    [You must be registered and logged in to see this image.]






    A member of the Parliamentary Follow-up Committee, Anaam Al-Khuzaie, called on Thursday to reconsider the mechanism of managing the country's financial resources and to overcome the financial routine. 
    "The problem of deprivation, poverty and lack of services in the southern governorates, despite being floating on a sea of ​​black gold, despite the general budget's dependence on oil imports from these governorates, has worsened," Khuzaie said in a statement. The general budget of the proportion of petrodollars and investment allocations specified for these provinces, but the situation of living and service has not changed, but has worsened during the previous years.
    The delay in launching investment allocations and the short period between the arrival of these allocations to the governorates and the end of the fiscal year is the main reason for the survival of the situation as it is and increase the rate of disadvantage, poverty and lack of services. 
    "This painful reality requires a review of the mechanism of managing the country's financial resources and overcoming the existing financial routine through the establishment of the Public Projects Fund or the Investment Fund, in which the overflow of the public budget is deposited annually (end of December) in order to finance approved projects after the start of The new fiscal year (January 1) to ensure the continuous financing of projects and get rid of the funding gap between the beginning of the year and through the approval and publication of the budget and the launch of allocations, which may be up to 6 months.
    "This problem is repeated every year," Al-Khuzaie said, stressing that "this year there is an opportunity to implement the project or investment fund proposal and overcome all obstacles that limit its legislation and its application on the ground to serve the oppressed Iraqi people and to improve the service and investment reality and create new jobs in Iraq".


    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Wed 08 May 2024, 7:32 pm