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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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    Parliamentary Finance: The 2023 budget is similar to its predecessors, and there is no real change i

    Rocky
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    Parliamentary Finance: The 2023 budget is similar to its predecessors, and there is no real change i Empty Parliamentary Finance: The 2023 budget is similar to its predecessors, and there is no real change i

    Post by Rocky Sun 01 Jan 2023, 5:12 am

    Parliamentary Finance: The 2023 budget is similar to its predecessors, and there is no real change in it



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    2022-12-31 05:45
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    Shafaq News/ A member of the Parliamentary Finance Committee, Muhammad Nuri, saw, on Saturday, that the 2023 budget will be the same as its predecessors, ruling out any real change to its draft bill, which is to be voted on by the federal government and sent to Parliament for approval in the coming days.
    Nuri told Shafaq News agency that the Ministry of Finance is working on completing the draft general budget law for the year 2023 and finalizing the law.



    He added that the Ministry of Finance will send the final draft of the law to the Council of Ministers in the coming days.
    He continued by saying that the draft budget for the year 2023 is somewhat similar to previous budgets, and there is no update or economic vision according to the country's financial abundance," adding that "there is no real change in this budget."
    Nuri noted that the Ministry of Finance calculated the price of a barrel of oil at 65 dollars and that the total amount of the budget law may exceed 180 trillion dinars.
    And Minister of Finance, Taif Sami, had revealed, on Friday, that “the general budget will focus primarily on the health sector, supporting hospitals, reducing the conduct of operations abroad, supporting vulnerable classes, social care, and people with disabilities, and raising the loan capital ceiling for small projects in the Ministry of Labor.” ".
    She added, "The price of a barrel of oil, which has been set so far in the general budget, amounted to 65 dollars, and it may reach 70 dollars, and it has not yet set the total amount of the budget, while the dollar exchange rate has been fixed at 1450."
    And the Minister of Finance indicated that "the draft general budget law may include a study to impose some taxes on the oil derivatives sector, if approved by the House of Representatives, which would enhance revenues."

    It is noteworthy that the financial budget for the current year 2022, which is nearing completion, was not approved by the Council of Ministers and Representatives due to the turmoil that Iraq witnessed after the early elections in October 2021, which escalated to dangerous levels that ended with the events of the Green Zone, with armed confrontations between supporters of the Sadrist movement and the forces. security forces, which claimed dozens of lives and injured hundreds.
    After the end of the crisis, with the agreement of the political blocs to elect the President of the Republic and to grant confidence to the government of Prime Minister Muhammad Shia’a al-Sudani, the latter pledged that he would present the draft federal budget law for the year 2023 as soon as possible.
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