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[size=36]A new statement from Parliamentary Finance regarding the budget[/size]
political| 12:41 - 06/09/2022
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Baghdad - Mawazine News
, a member of the Parliamentary Finance Committee, Sajjad Salem, said, on Tuesday, that in the event that a financial budget law is not issued for the next year, it is possible that the disbursement will take place in accordance with the Financial Management Law 12/1 of the 2021 budget in 2023, as happened this year.
Salem added, "The budget is not just spending, but rather an economic, social and political behavior of the state, and its absence is very influential and accumulates major mistakes on the state's finances," according to the official news agency.
He continued, "The financial surplus is preferable to invest it in a productive way that enhances income, such as factories and factories, and this will be better than spending in an unproductive consumer way," noting that "we need a comprehensive and clear economic policy for the state with full features and a political will that supports this economic policy." Ended 29/N33
, a member of the Parliamentary Finance Committee, Sajjad Salem, said, on Tuesday, that in the event that a financial budget law is not issued for the next year, it is possible that the disbursement will take place in accordance with the Financial Management Law 12/1 of the 2021 budget in 2023, as happened this year.
Salem added, "The budget is not just spending, but rather an economic, social and political behavior of the state, and its absence is very influential and accumulates major mistakes on the state's finances," according to the official news agency.
He continued, "The financial surplus is preferable to invest it in a productive way that enhances income, such as factories and factories, and this will be better than spending in an unproductive consumer way," noting that "we need a comprehensive and clear economic policy for the state with full features and a political will that supports this economic policy." Ended 29/N33
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