Adviser to the Prime Minister: The preparation of the draft budget for 2022 has been completed... an

by **Rocky** Wed 13 Oct 2021, 6:59 am

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Adviser to the Prime Minister: The preparation of the draft budget for 2022 has been completed... an

by Rocky Wed 13 Oct 2021, 6:59 am

Adviser to the Prime Minister: The preparation of the draft budget for 2022 has been completed... and the date for its discussion is revealed

Time: 10/13/2021 08:09:05
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{Economic: Al-Furat News} Economic adviser to the Prime Minister, Mazhar Muhammad Salih, revealed that the preparation of the draft budget for next year 2022 has been completed, and the price of a barrel of oil has been calculated at a rate of $50 per barrel.
Saleh said in a press statement, “The 2022 budget has been completed, but it was not discussed in the Council of Ministers, because the government is in the process of disbursing the work, and it is one of the upcoming bills drafts, and the government has proven it.” It is expected that it will take time to pass it until the formation of the new parliament.”
He pointed out that "the Ministry of Finance has set, in accordance with the upcoming budget, $50 per barrel of oil, and the rest was considered as a hypothetical deficit that will be paid from the differences in the rise in oil prices," noting that "the new government will agree on a budget, if it will not have a budget. On the Financial Management Law, 1/12 of the actual current expenditures implemented for each month for the year 2021.
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by **Rocky** Wed 13 Oct 2021, 7:03 am

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At a price of $ 50 a barrel... the completion of the preparation of the 2022 budget

by Rocky Wed 13 Oct 2021, 7:03 am

[size=36]At a price of $ 50 a barrel... the completion of the preparation of the 2022 budget[/size]

Economie| 08:03 - 10/13/2021

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Baghdad - Mawazine News

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed, on Wednesday, the completion of preparing the draft budget for next year 2022, and calculating the price of a barrel of oil at a rate of 50 dollars per barrel, and confirmed that its discussion will take place after the selection of the next government.
Saleh said, according to the official newspaper, that "the budget for the year 2022 has been completed, but it was not discussed in the Council of Ministers, because the government is in the process of conducting business, and it is one of the draft laws," noting that "the budget will be presented to the next government and its observations will be established on it, then turned to It is expected that it will take time to pass it until the formation of the new parliament.”
He pointed out that "the Ministry of Finance has set, according to the next budget, 50 dollars per barrel of oil, and the rest was considered as a hypothetical deficit that will be repaid from the differences in the rise in oil prices," noting that "the new government will have a government curriculum that may agree with the budget or not, and in the event of delay in its approval, we will adopt On the Financial Management Law 1/12 of the actual current expenditures implemented for each month for the year 2021.
In a related matter, Saleh pointed out that "raising the level of the economy depends on the volume of investment projects, as the more it increases, the more the employment rate rises and the income improves, but the most important obstacles lie that the volume of investment in Iraq is weak and the budget is absorbed by the operational part."
He added, "The activation of the Public-Private Partnership Law is presented to the House of Representatives, and if it is activated, many state projects will turn to partnership with the private sector or foreign companies, and thus will improve the economy in various fields, and there will be a large business movement." And he indicated that "this model of laws exists in the world, and there is a global statistic indicating that 28% of the world's investments are from this type of partnership," noting that "Iraq needs partnership in implementing projects to move its economy and vaccinate it with major companies and global expertise." Ended 29/A43

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by **Rocky** Wed 13 Oct 2021, 7:23 am

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Iraq completes the draft budget for 2022

by Rocky Wed 13 Oct 2021, 7:23 am

Iraq completes the draft budget for 2022

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The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the completion of the preparation of the draft budget for next year 2022, and calculating the price of a barrel of oil at a rate of 50 dollars per barrel, stressing that its discussion will take place after the selection of the next government.

Saleh said in a statement reported by the official "Al-Sabah" newspaper and seen by "Al-Iqtisad News", that "the budget for the year 2022 has been completed, but it was not discussed in the Council of Ministers, because the government is in the process of conducting business, and it is one of the draft laws," noting that "the budget will be presented The next government must confirm its observations on it, then turn to the House of Representatives, and it is expected that it will take some time to pass it until the formation of the new parliament.”

He pointed out that "the Ministry of Finance has set, according to the next budget, $50 per barrel of oil, and the rest was considered as a hypothetical deficit that will be repaid from the differences in the rise in oil prices," noting that "the new government will have a government curriculum that may agree with the budget or not, and in the event of delay in its approval, we will adopt On the Financial Management Law 1/12 of the actual current expenditures implemented for each month for the year 2021.

In a related matter, Saleh pointed out that "raising the level of the economy depends on the volume of investment projects, as the more it increases, the more the employment rate rises and the income improves, but the most important obstacles lie that the volume of investment in Iraq is weak and the budget is absorbed by the operational part."

He added, "The activation of the Public-Private Partnership Law is presented to the House of Representatives, and if it is activated, many state projects will turn to partnership with the private sector or foreign companies, and thus will improve the economy in various fields, and there will be a large business movement."

And he indicated that "this model of laws exists in the world, and there is a global statistic indicating that 28% of the world's investments are from this type of partnership," noting that "Iraq needs a partnership in implementing projects to move its economy and vaccinate it with major companies and global expertise."

Saleh expected, "the economy will recover during the next five years, and crude oil production will exceed 6 million barrels," explaining that "the Iraqi economy will coexist strongly with the cycle of oil assets, as global demand for hydrocarbons will increase with the high rates of growth in the global economy and the entry of the epidemic represented by the Corona pandemic. the sluggish cycle, and inversely to the growth of energy markets.

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Adviser to the Prime Minister: The preparation of the draft budget for 2022 has been completed... an

Adviser to the Prime Minister: The preparation of the draft budget for 2022 has been completed... an

At a price of $ 50 a barrel... the completion of the preparation of the 2022 budget

[size=36]At a price of $ 50 a barrel... the completion of the preparation of the 2022 budget[/size]

Iraq completes the draft budget for 2022

Re: Adviser to the Prime Minister: The preparation of the draft budget for 2022 has been completed... an

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