Al-Kazemi’s Advisor Reveals The Mechanism For Regulating Financial Matters Without A Budget
Saleh told Earth News, "The effective financial management law and its fundamental applications are currently being adopted in the management of the country's financial life, which is devoted in particular to regulating the flow of revenues and public expenditures and in accordance with the best applications and practices related to allocation and exchange."
He added that "according to the legally approved ratio of 1/12 of the actual current expenditures that took place in the year 2021, foremost of which is covering salaries, wages, grants, retirement and social care, based on the audit balances that government agencies submit to the Ministry of Finance on a monthly basis, which is similar to last year's expenditures."
And Saleh continued, "This is how the financial life in our country is organized naturally until the legislation of the federal general budget law for the year 2022, after the House of Representatives completes the formation of its committees and begins studying draft laws in order to legislate them, foremost of which is the legislation of the federal general budget law for the year 2022."
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