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


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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 huge deficit in the 2023 budget...a huge percentage that violates the financial management law

    Rocky
    Rocky
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    The huge deficit in the 2023 budget...a huge percentage that violates the financial management law Empty The huge deficit in the 2023 budget...a huge percentage that violates the financial management law

    Post by Rocky Sat 14 Jan 2023, 7:32 am


    [size=30]The huge deficit in the 2023 budget...a huge percentage that violates the financial management law


    2023-01-14
    [/size]
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    Yes Iraq: Baghdad

    Expectations and preliminary figures for the budget indicate that the deficit will be in violation of the Financial Management Law, which does not allow the deficit to exceed 3% of the gross domestic product.
    Researcher Basil Hussein said, "The next budget will be around 200 trillion Iraqi dinars, with a deficit of 70 trillion Iraqi dinars, or 35% of the budget."
    He added, "If this is true, it would violate Financial Management Law No. 6 of 2019, which in its article (6/fourth) does not allow the deficit to exceed 3% of the GDP."
    On the other hand, Representative Mustafa Jabbar Sanad revealed that the size of the deficit will reach, according to preliminary figures, 121 trillion dinars, which is a huge number equivalent to the entire budget of Iraq in 2021.
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