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Important information about 2020 salaries and a serious budget scenario

rocky
rocky
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Join date : 2012-12-21

Important information about 2020 salaries and a serious budget scenario Empty Important information about 2020 salaries and a serious budget scenario

Post by rocky on Wed 29 Jan 2020, 2:08 am

Important information about 2020 salaries and a serious budget scenario

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{Baghdad: Al Furat News} The financial advisor to the Prime Minister reassured Mazhar Muhammad Salih, the employees and retirees, stressing that their salaries are fully guaranteed, and there is no prejudice to it.
[size=15][rtl][size=21]"We assure the employees and retirees of securing salaries for the current fiscal year 2020, and have no impact on them, especially as the cash flows of the budget are reassuring," Saleh said in a press statement .[/rtl]

[rtl]Saleh declared, “Movements and understandings between the House of Representatives and the Cabinet to provide a workable budget that meets its social and economic goals, and work is continuing to be prepared by the Ministry of Finance concerned, although the caretaker government cannot pass the bills.”[/rtl]
[rtl]He stated that "the budget for the current year 2020 needs to be re-engineered towards reducing expenditures, reducing the deficit, maximizing some resources and creating what is called (financial sustainability), that is, the budget has the ability to spend, and this needs time to prepare it properly."[/rtl]
[rtl]He attributed the adviser delay in approving the budget for the year by the country recently, the current to "situations experienced and the occurrence of many changes, including the obligations of spending and government decisions, and the decisions of the House of Representatives by the powers of the authorities concerned, which formed additional financial commitments on the budget, which led to a significant fiscal deficit which Therefore, the cabinet returned it after discussing it to the Ministry of Finance to reconsider some of the spending decisions, and studied some of the revenues in a way that makes them sustainable.[/rtl]
[rtl]Saleh expected, "The maturity of the budget during the coming weeks , especially as there is consultation, understanding, and exchange of ideas and opinions by the concerned authorities in an attempt to take measures in a manner that makes the budget the price of the debt , the consolidation of resources, the enhancement of the price , the sustainability of the resources, and the strengthening of the resource Approved in the budget will be close to last year 2019.[/rtl]
[rtl]He pointed out that the authorities concerned with preparing the budget are working to make the deficit subject to financing and reduction simultaneously, through alternatives and priorities for spending and projects, and to provide the most important budget, Especially that the budget needs to be prepared in the exchange sections and to maximize some non-oil revenues. "[/rtl]
[rtl]He explained that "according to the timing, the budget should have been completed at the end of October of last year", expressing "his regret in the event of the end of the fiscal year and the budget was not passed for approval, as it will be like the year 2014, that is, the exchange issued by 1" On 12 actual expenditures of the budget for the year 2019 ". is over[/rtl]
Ammar Al-Masoudi


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