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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Expectations of an explosive budget that will reach Parliament at the end of this month

    Rocky
    Rocky
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    Expectations of an explosive budget that will reach Parliament at the end of this month Empty Expectations of an explosive budget that will reach Parliament at the end of this month

    Post by Rocky Thu Nov 10, 2022 7:13 am

    POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]

    [size=52]Expectations of an explosive budget that will reach Parliament at the end of this month[/size]

    [size=45]Baghdad / Hussein Hatem[/size]
    [size=45]The Parliamentary Finance Committee estimates the budget for the year 2023 at a value of 135 billion, most of which is in the interest of investment and support for the private sector.[/size]
    [size=45]The Ministry of Finance announced, at the end of last month, the actual start of preparing the budget law for the year 2023, while indicating that there is no time limit for sending the budget law to the House of Representatives, but work to send it will be as soon as possible.[/size]
    [size=45]A member of the Parliamentary Finance Committee, Jamal Cougar, said, "The general financial budget for 2023 will be between 120 and 135 billion dollars."[/size]
    [size=45]Cougar added, "The public financial budget consists of two parts. The first part, which is the operating budget, is related to salaries, retirement, the social protection network, and ministries' expenses," adding, "As for the second part, it is represented in the investment budget related to the amounts of new and strategic projects, in addition to private sector projects and job creation." .[/size]
    [size=45]He pointed out that "the operational budget for the year 2023 was added to some amounts, as it reached 115 trillion, in contrast to the operating budget for the year 2021, which amounted at the time to 102 trillion."[/size]
    [size=45]Cougar explained, "The authority of the Finance Committee relates to two issues, the first is to reduce the numbers if they are exaggerated, and the second issue is the transfer between the doors and it falls within the financial aspect."[/size]
    [size=45]He pointed out, "Oil prices will not drop below $80," noting that "the inclusion of appointments in the budget is not within the competence of Parliamentary Finance."[/size]
    [size=45]In turn, a member of the House of Representatives, Mohsen Al-Saidi, suggested that "the federal financial budget bill for 2023 by the government will reach the House of Representatives at the end of this month."[/size]
    [size=45]Al-Saidi added, "The House of Representatives is waiting for the government to complete the budget bill as soon as possible."[/size]
    [size=45]The member of the House of Representatives indicated, "The speedy adoption of the budget law has become an urgent necessity, with the objectives included in the ministerial curriculum voted on by Parliament."[/size]
    [size=45]Al-Saidi pointed out that "indications are that the government will speed up preparing the budget and sending it to Parliament at the end of this month," stressing that "there are understandings between the political blocs on the necessity of passing the current year's budget and not obstructing it."[/size]
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