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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


    Hours after the government advisor confirmed that the budget spending had reached 200 trillion dinar

    Rocky
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    Hours after the government advisor confirmed that the budget spending had reached 200 trillion dinar Empty Hours after the government advisor confirmed that the budget spending had reached 200 trillion dinar

    Post by Rocky Sun 15 Jan 2023, 5:01 am

    [rtl]Hours after the government advisor confirmed that the budget spending had reached 200 trillion dinars.. the finances replied: incorrect[/rtl]

    economy  ,  2023/01/15 09:20  , the number of readings: 117 
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    [rtl]Baghdad - Iraq today:

    The Ministry of Finance confirmed that the draft budget law is still in the process of preparation, denying the information received regarding revenues and expenditures on social media platforms.

    A statement by the ministry said, "The Ministry of Finance has monitored many false and incorrect information circulating on social media platforms regarding the volume of expenditures and expected revenues within the draft general budget law for the year 2023."

    The ministry confirmed, according to the statement, that "this information is nothing more than a set of proposals received by ministries and unrelated entities, and is not the final form of the content of the budget law."

    The statement added, “The draft budget law is still in the process of preparation, and discussions regarding it are continuing with the various official authorities concerned to ripen the budget law after it includes the government curriculum approved by the House of Representatives, and work is underway to prepare the final draft of the project and then submit it to the House of Representatives.” Ministers to consider them and take recommendations as required by the current economic conditions of the country.

    And the statement continued, "Work is underway to prepare the final draft budget in preparation for submission to the Council of Ministers."

    According to the statement, the ministry called on public opinion, specialists and all media professionals to receive information and news from its well-known official sources, through the ministry's website and its approved official pages.

    And 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 strengthening the development funds included in the government curriculum.

    Saleh said in a statement, "Although 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 it may reach 70 dollars per barrel) and an oil export capacity of about 4.3 million barrels per day.The general budget 2023 is the one who will decide at the end, is there a hypothetical deficit or not, or how much is the amount of that assumed deficit

    ? 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 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 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,[/rtl]
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