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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 appearance of Muhammad Salih expects the spending ceiling for the 2023 budget: the surplus will

    Rocky
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    The appearance of Muhammad Salih expects the spending ceiling for the 2023 budget: the surplus will  Empty The appearance of Muhammad Salih expects the spending ceiling for the 2023 budget: the surplus will

    Post by Rocky Sat 14 Jan 2023, 8:18 am

    [size=30]The appearance of Muhammad Salih expects the spending ceiling for the 2023 budget: the surplus will go in three directions
    [ltr]2023.01.14 - [/ltr]
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    Baghdad - people   
    Mazhar Muhammad Salih, the financial advisor to the Prime Minister, suggested that the spending ceiling for the current year 2023 budget reach the barrier of 200 trillion dinars, specifying three directions that will be supported in the event of a financial surplus, including the strengthening of development funds included in the government curriculum.  
      
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    Saleh said in a statement to the official newspaper, followed by “Nass” (January 14, 2023), that “although there are statements about an extremist trend in increasing public expenditures, even in light of the price of a conservative oil barrel that does not exceed 65 dollars (and it may reach 70 dollars per barrel). ) and an oil export capacity of about 4.3 million barrels per day, the spending ceiling in the 2023 general budget is the one who will decide in the end, is there a hypothetical deficit or not? Or how much is the amount of that 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."  
      
    The financial advisor 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, the first to enhance the capital of development funds included in the government curriculum, and the second to fill part of the operational budget and new appointments." And the third will be allocated to the state’s strategic and service projects, including the unimplemented allocations in the Emergency Law for Food Security and Development No. 2 of 2022. And Saleh confirms that, in “in any case, I expect the spending ceiling in the next budget to exceed the barrier of 150 trillion dinars, up to 200, if ( The hypothetical deficit (in a manner that does not exceed 15% of total spending, due to the existence of financial savings from the past year 2022).  
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