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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Sudanese advisor sets the spending ceiling in the 2023 budget

    Rocky
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    • Post n°1

    The Sudanese advisor sets the spending ceiling in the 2023 budget Empty The Sudanese advisor sets the spending ceiling in the 2023 budget

    Post by Rocky Sat 14 Jan 2023, 4:34 am

    The Sudanese advisor sets the spending ceiling in the 2023 budget

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    Economy News-Baghdad
    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, suggested that the spending ceiling for the current year 2023 budget would reach the barrier of 200 trillion dinars, specifying three directions that will be supported in the event of a financial surplus, including strengthening the development funds included in the government curriculum.

    Saleh said in a statement to the official newspaper, that despite "there are statements about an extremist trend in increasing public expenditures, even in light of the conservative price of a barrel of oil that does not exceed 65 dollars (and may reach 70 dollars per barrel) and an oil export capacity of about 3.4 million barrels per day. Spending in the 2023 public budget is the one that will ultimately decide whether or not there is a hypothetical deficit, or how much is the assumed deficit?.

    Saleh stressed, "The need to include the financial surpluses collected at the end of the fiscal year 2022 and count them as an opening balance for the current year 2023 budget." legally.” 

    He pointed out that "extreme estimates of public spending say: The budget will have a spending ceiling of about 200 trillion dinars, and that the increases or surpluses will go in three directions. For the state’s strategic and service projects, including unimplemented allocations in the Emergency Law for Food Security and Development No. 2 of 2022.

    Saleh confirmed that, in “various cases, I expect the spending ceiling in the next budget to exceed the barrier of 150 trillion dinars, up to 200, if it is (the hypothetical deficit) In a way that does not exceed 15% of total spending, due to the existence of financial savings from the past year 2022.

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    Added 01/14/2023 - 11:30 AM
    Updated 01/14/2023 - 1:33 PM
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