Parliamentary Finance: No new job grades in next year's budget
The parliamentary Finance Committee, the details of the preliminary draft of the draft budget law 2020, while announced to reduce the fiscal deficit to 49 trillion dinars, stressing the absence of new job grades and increase in salaries of employees.
A member of the [url=https://www.thebaghdadpost.com/ar/Story/t/2065/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9 %D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9]Parliamentary Finance[/url] Committee MP Ahmed Rashid Haji said that the federal government represented by the Ministry of Finance is working to complete the preparation of the draft budget law in 2020, pointing out that the general framework of the budget is not yet clear, but the basic features of the preliminary draft indicate that the operating expenses of the salaries of employees may Increased from the budgets that preceded it.
He explained: that the fiscal deficit in the budget of 2020 had reached about 72 trillion dinars, and then decreased to about 56 trillion dinars, and last Thursday the Finance Committee reported on reducing the fiscal deficit to about 49 trillion dinars, pointing out that the [You must be registered and logged in to see this link.]Devoid of job grades due to increased fiscal deficit.
He added: The [You must be registered and logged in to see this link.] included allocations of oil companies in licensing rounds, which amounted to about 20 trillion dinars, stressing that these allocations fixed and no change as in previous budgets.
He pointed out that there is a committee formed in the parliament called the [You must be registered and logged in to see this link.] Strategy Committee and the Finance Committee represented by three deputies, and this committee made its observations on the budget for 2020, indicating that the current reality of the country much better than the previous because it has a set of good data, especially after increasing the cash reserve, In addition, there is a financial round of the past years, but can not be completely reassured the issue of the Iraqi economy as long as its dependence on unilateral revenue, which is oil, so we must multiply and diversify revenues and benefit from taxes and customs revenues.
In turn, revealed the member of the Finance Committee in Parliament Jamal Cougar, the reasons that led to the expected high deficit in the federal [You must be registered and logged in to see this link.] law for 2020, while calling for the need to privatize the state.
He said in a press interview: The most important reasons that will lead to high deficit budget 2020, to 72 trillion dinars, is that Iraq is a consumer country and not productive and effective, in addition to the rising souls of the population.
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