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Finance discusses the strategic plans of the ministries of oil and industry in a 3-year budget
- Time: 06/17/2021 16:22:16
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{Economic: Al Furat News} The Minister of Finance, Ali Abdul Amir Allawi, discussed, on Thursday, the strategic plans of the ministries of Oil and Industry in a 3-year budget.
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
And the ministry stated, in a statement, that {Al-Furat News} received a copy of it, “Allawi chaired the eleventh session of the committee for preparing the federal general budget strategy for the medium term 2022-2024, in the presence of the Prime Minister’s advisors, the Undersecretary of the Ministry of Finance, the Undersecretary of the Ministry of Planning, the ministry’s advisors and general managers of the ministry and related ministries. Relationship".
She added, "During the meeting, the report submitted by the Ministry of Oil was presented, which includes determining the revenues generated from the increase in the prices of barrels supplied to government refineries affiliated with the Ministry of Oil, in addition to discussing determining the entitlements of foreign companies operating in the oil sector under licensing round contracts, and determining tax revenues on those companies." .
And she pointed out, "It was proposed to determine the expected revenues for the benefit of the state's public treasury from sales of petroleum products, and the meeting also discussed the detailed report submitted by the Ministry of Industry on its future strategy and the vision it set towards reviving and developing the industrial sector in Iraq for the years (2022-2024)."
Allawi stressed "the importance of adopting mechanisms and systematic steps according to scientific frameworks, including those related to the oil and industry sectors, which would contribute to maximizing revenues along with the rest of the other revenues within the framework of strenuous efforts towards achieving comprehensive development for the benefit of the Iraqi economy."
Wafaa Al-Fatlawy
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{Economic: Al Furat News} The Minister of Finance, Ali Abdul Amir Allawi, discussed, on Thursday, the strategic plans of the ministries of Oil and Industry in a 3-year budget.
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
And the ministry stated, in a statement, that {Al-Furat News} received a copy of it, “Allawi chaired the eleventh session of the committee for preparing the federal general budget strategy for the medium term 2022-2024, in the presence of the Prime Minister’s advisors, the Undersecretary of the Ministry of Finance, the Undersecretary of the Ministry of Planning, the ministry’s advisors and general managers of the ministry and related ministries. Relationship".
She added, "During the meeting, the report submitted by the Ministry of Oil was presented, which includes determining the revenues generated from the increase in the prices of barrels supplied to government refineries affiliated with the Ministry of Oil, in addition to discussing determining the entitlements of foreign companies operating in the oil sector under licensing round contracts, and determining tax revenues on those companies." .
And she pointed out, "It was proposed to determine the expected revenues for the benefit of the state's public treasury from sales of petroleum products, and the meeting also discussed the detailed report submitted by the Ministry of Industry on its future strategy and the vision it set towards reviving and developing the industrial sector in Iraq for the years (2022-2024)."
Allawi stressed "the importance of adopting mechanisms and systematic steps according to scientific frameworks, including those related to the oil and industry sectors, which would contribute to maximizing revenues along with the rest of the other revenues within the framework of strenuous efforts towards achieving comprehensive development for the benefit of the Iraqi economy."
Wafaa Al-Fatlawy
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