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Deputy: The operating budget rose from 42 trillion to 60 trillion dinars
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Economy News - Baghdad
A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, said, on Monday, that the Ministry of Finance “has accomplished what it has to do” and transferred the budget, in its operational and investment parts, to the Council of Ministers for a vote on it.
Al-Kazemi added, "The cabinet met last week with the Ministerial Economic Council and put in place the amendments and final touches on the budget estimated at 140 trillion dinars, at 80 trillion for operational and 60 trillion for investment," according to the official newspaper.
He pointed out, "If the budget reaches Parliament early next week, the Finance Committee will study it, and there will be two first and second readings and some amendments to be approved at the end of next February."
And he continued, "The operational budget, which includes the salaries of state employees, has increased from 42 trillion to 60 trillion dinars, which will exhaust the general budget in the future, and will mean serious problems in the event of a decline in global oil prices, and it is necessary to find resources other than oil, by supporting the private sector, investment and advancement." agricultural and industrial realities.
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Added 01/09/2023 - 4:28 PM
Updated 01/10/2023 - 1:07 PM
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Economy News - Baghdad
A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, said, on Monday, that the Ministry of Finance “has accomplished what it has to do” and transferred the budget, in its operational and investment parts, to the Council of Ministers for a vote on it.
Al-Kazemi added, "The cabinet met last week with the Ministerial Economic Council and put in place the amendments and final touches on the budget estimated at 140 trillion dinars, at 80 trillion for operational and 60 trillion for investment," according to the official newspaper.
He pointed out, "If the budget reaches Parliament early next week, the Finance Committee will study it, and there will be two first and second readings and some amendments to be approved at the end of next February."
And he continued, "The operational budget, which includes the salaries of state employees, has increased from 42 trillion to 60 trillion dinars, which will exhaust the general budget in the future, and will mean serious problems in the event of a decline in global oil prices, and it is necessary to find resources other than oil, by supporting the private sector, investment and advancement." agricultural and industrial realities.
Views 298
Added 01/09/2023 - 4:28 PM
Updated 01/10/2023 - 1:07 PM
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