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An economist told NINA: The delay in approving the budget will have negative repercussions on the country's economy
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[rtl]Baghdad / NINA / - The expert in economic affairs, Raad Twij, confirmed that the delay in approving the budget more than this period will have negative repercussions on the country's economy.
Twigg said in a statement to the National Iraqi News Agency / NINA / that "the delay in approving the budget could have a meaning in the great difficulty in controlling its accuracy and the direct follow-up of the Prime Minister in order to match it with The implementation of the provisions of the government program in developing the Iraqi economy, and to work for the parties to agree on it, this from the political side, but from the economic side, it will reflect negatively on the country's economy.
He added, "This delay may be behind the large deficit of the budget, which is offset by the difficulty of financing, so the delay in approving the budget more than this period may have undesirable economic and monetary repercussions in the future."
The economist stressed the necessity of approving the budget before it is too late and entering into an emergency budget that may affect the operational budget, affect the salaries of state employees, and stop service projects due to lack of funding for them. / End 8 To receive more news, subscribe to our channel on[/rtl]
Twigg said in a statement to the National Iraqi News Agency / NINA / that "the delay in approving the budget could have a meaning in the great difficulty in controlling its accuracy and the direct follow-up of the Prime Minister in order to match it with The implementation of the provisions of the government program in developing the Iraqi economy, and to work for the parties to agree on it, this from the political side, but from the economic side, it will reflect negatively on the country's economy.
He added, "This delay may be behind the large deficit of the budget, which is offset by the difficulty of financing, so the delay in approving the budget more than this period may have undesirable economic and monetary repercussions in the future."
The economist stressed the necessity of approving the budget before it is too late and entering into an emergency budget that may affect the operational budget, affect the salaries of state employees, and stop service projects due to lack of funding for them. / End 8 To receive more news, subscribe to our channel on[/rtl]
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