December 7, 202122 views[You must be registered and logged in to see this link.]
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Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, determined today, Tuesday, the mechanism for resolving the final accounts and its relationship to the general 2021 budget in the country, while noting that the approval of the series of final accounts depends on the role of the next parliament.
Saleh said in a press statement, "The final accounts related to the country's budgets can go back to previous years and up to 2020 and be audited by the Federal Financial Supervision Bureau, which will give its opinion on the annual final account."
He added: “The House of Representatives must vote on the final accounts for 2013 and the budget (the reality of the situation) for the year 2014, which represents the actual and presented expenditures, and then the rest of the final accounts can be presented to the Council of Ministers successively in order to submit them to the House of Representatives for approval in accordance with the constitution and the financial management law in force.” .
He pointed out that "the expenses and expenditures are prepared within the control work of the Federal Oversight Bureau, but the process of approving them with the observations made by the Bureau in its report must be presented successively to the House of Representatives."
And he continued: “In 2020, there was a budget (status) of expenses and revenues, which required submitting it by a separate law as a general budget and a final account at the same time,” noting that “all of this depends on the role of the next parliament in approving the series of final accounts completed by auditing from the Oversight Bureau. Federal Finance.
He pointed out that “we cannot express the final accounts for the 2021 fiscal year when it is completed at the end of this December, unless the House of Representatives approves a series of final accounts year by year in succession; Starting from 2013 and onwards.
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