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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

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Established in 2006 as a Community of Reality

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    Parliamentary Finance: The next budget deficit is the largest in the history of Iraq’s budgets

    Rocky
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    Finance - Parliamentary Finance: The next budget deficit is the largest in the history of Iraq’s budgets Empty Parliamentary Finance: The next budget deficit is the largest in the history of Iraq’s budgets

    Post by Rocky Wed 25 Dec 2019, 3:15 pm

    [size=35][size=35]Parliamentary Finance: The next budget deficit is the largest in the history of Iraq’s budgets[/size]
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    Economie

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    2019-12-25 | 08:05
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    [size=18]The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, confirmed on Wednesday that the expected deficit in the budget for next year will reach 48 trillion dinars, making it the "largest in the history" of Iraqi budgets, ruling out the possibility of sending the current government to the budget as a caretaker government.


    Al-Saffar said in an interview with Alsumaria News, "The information that we obtained about the draft budget next year, as it did not officially reach the House of Representatives, indicated that the deficit in it will be great", explaining that "the deficit may reach 48 trillion dinars, which is greater A deficit in the history of the Iraqi budgets, which is a planned and not actual deficit.







    Al-Saffar added, “The deficit can be covered through revenue from abundance, taxes or other revenues.” He pointed out that “external borrowing has been stopped since the budget of 2019 because we feel the risk of increasing the debt and reliance on internal loans, which is what we expect to continue through the budget of the year.” Next. "

    He continued, "The public expenditures and the package of reforms launched by the head of the resigned government, [url=https://www.alsumaria.tv/Entity/133211/%D8%B9%D8%A7%D8%AF%D9%84 %D8%B9%D8%A8%D8%AF %D8%A7%D9%84%D9%85%D9%87%D8%AF%D9%8A/ar/]Adel Abdel Mahdi, the[/url] increase in job grades, the amounts allocated to social nationals, and the return of the dismissed were all matters that caused the increase in expenditures and deficits in the next budget," ruling out "the possibility of sending the current government to the budget as a caretaker government It has no authority to send the budget. "
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