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[size=38]The Government Reveals An “Enormous” Advance To The Ministries
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LAST UPDATE 07/03/2022 | 11:57 AM
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Information/Baghdad..
The Prime Minister’s Adviser for Economic Affairs, Mazhar Muhammad Salih, revealed, on Sunday, the existence of enormous un-extinguished advances for the ministries, amounting to 150 trillion dinars, that prevents the completion of the final accounts.
Saleh said in an interview seen by / the information /, that "the obstacles that prevent the conduct of the final accounts are represented by the lack of budgets, and the ministries borrowing huge amounts of money that have not been extinguished so far, exceeding 150 trillion dinars."
He added, "The final account procedure requires the existence of a general budget for the state, and in the absence of it, a (reality) budget law is required to be discussed and approved by the House of Representatives."
Saleh explained, "The final accounts require that they be prepared in succession, as it is not possible to calculate a current year without making the calculation for the previous one, and this is expected to happen during the current year, in the event that a general budget of the state is not approved." finished/25
The Prime Minister’s Adviser for Economic Affairs, Mazhar Muhammad Salih, revealed, on Sunday, the existence of enormous un-extinguished advances for the ministries, amounting to 150 trillion dinars, that prevents the completion of the final accounts.
Saleh said in an interview seen by / the information /, that "the obstacles that prevent the conduct of the final accounts are represented by the lack of budgets, and the ministries borrowing huge amounts of money that have not been extinguished so far, exceeding 150 trillion dinars."
He added, "The final account procedure requires the existence of a general budget for the state, and in the absence of it, a (reality) budget law is required to be discussed and approved by the House of Representatives."
Saleh explained, "The final accounts require that they be prepared in succession, as it is not possible to calculate a current year without making the calculation for the previous one, and this is expected to happen during the current year, in the event that a general budget of the state is not approved." finished/25
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