Kalkamsh Press / Baghdad
Member of the Parliamentary Finance Committee Jamal Cougar, on Wednesday, the value of the budget deficit in 2020, indicating that it will be a program budget and not items.
"The budget for next year will be different from the previous one by relying on programs and performance away from the items," he said.
He added: "A preliminary draft budget was prepared in the last session to discuss the budget strategy with the Ministry of Finance and the deficit was 72 trillion dinars, the largest deficit reached by the budgets of Iraq."
"The committee discussed with the prime minister and the competent ministries to find serious solutions to get out of the crisis of large fiscal deficit."
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