[size=41]Parliamentary finance determines the value of the deficit in the 2023 budget[/size]
5 hours ago
[You must be registered and logged in to see this image.]
The Parliamentary Finance Committee determined the deficit in the general federal budget for the year 2023 in light of the exchange rate adjustment.
Committee member Jamal Cougar said in a press interview seen by “Takadam” that “adjusting the exchange rate may increase the budget deficit by no less than 10-15 trillion dinars, with the price of a barrel of oil remaining at around $70. The financial management law does not allow the government to exceed the value of The budget deficit is 3%.
He added, "The government has two options, either to compress expenditures and go towards deleting some paragraphs in the executive budget or the operational and investment budget, or to accept the increase in the deficit from 60-70 trillion Iraqi dinars," noting that "the Finance Committee has not yet looked at the size of the numbers." In the budget, neither the old nor the new, after the reduction .
[You must be registered and logged in to see this link.]