The Minister of Finance stresses the importance of initiating the preparation and implementation of
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Today, Sunday, Finance Minister Ali Abdul-Amir Allawi stressed the importance of preparing and implementing the 2022 budget in accordance with strategic plans .
The media office of the Ministry of Finance stated in a statement received by the Iraqi News Agency (INA), that "Minister Ali Abdul Amir Allawi chaired the meeting of the twentieth session of the Committee for the Preparation of the Federal General Budget Strategy for the Medium Term 2022-2024," noting that "the meeting took place in the presence of each of the advisors of the President The ministers, the undersecretaries of the ministries of finance and planning, the advisor to the Ministry of Finance, the head of the General Authority for Monitoring the Federal Ministries’ allocations, the head of the General Retirement Authority, and a number of relevant general managers.
He added that "a number of basic topics were discussed, including setting expenditure ceilings by the Ministry of Finance within the framework of the Maronites of the year 2022, in addition to discussing the issue of public debt, determining loan ceilings, including ongoing loans, and following them up."
The statement indicated that "the meeting witnessed the completion of the study of the mechanism for applying the proposed budget model and discussing ways to prepare and implement the federal budget for the next year according to the determinants of the current economic reality and in line with the reform orientation adopted by the Iraqi government aimed at preparing a qualitative budget that depends in essence on performance and productive programs to be followed." .
The statement continued, "During the session, the allocations of the General Pension Agency within the next year's budget were discussed, and the support of the Pension Fund was emphasized to ensure the provision of the best pension services to a wide segment of Iraqi society."
Allawi stressed, according to the statement, "the importance of initiating the preparation and implementation of the budget draft in accordance with the prepared strategic plans that support reform paths that are in the interest of the national economy and give priority to strategic projects implemented through development loans."