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[size=35][size=35]The full story of the three-year budget: a "qualitative" constitutional step after a long wait and "massive" numbers[/size]
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2023-03-14 | 04:06
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Alsumaria News - A report
The last budget approved in[You must be registered and logged in to see this link.]Until the end of March 2021, while one was not adopted in 2022 due to the political turmoil that paralyzed the country for a year after the last legislative elections.
In order to secure basic expenses, the Iraqi parliament voted in the summer of 2022 on the emergency support law, amounting to $17 billion, and allowing Iraq, in particular, to purchase gas, electricity, and grains to ensure "food security."
*Agreed
approved[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]Yesterday, Monday, March 13, 2023, on the draft general budget law, while it was referred to the House of Representatives.
And he mentioned[url=https://www.alsumaria.tv/Entity/3826319905/%D8%A7%D9%84%D9%85%D9%83%D8%AA%D8%A8 %D8%A7%D9%84%D8%A5%D8%B9%D9%84%D8%A7%D9%85%D9%8A/ar/]information Office[/url]to head[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]In a statement received by Alsumaria News, that "[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]Approved the draft federal budget law for the fiscal years 2023, 2024 and 2025, in its regular session held under the chairmanship of the President[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] [url=https://www.alsumaria.tv/Entity/2763932343/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]". he added."[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]He decided to refer the general budget to Parliament.”
And the day before yesterday, Sunday, the Minister of Finance announced[url=https://www.alsumaria.tv/Entity/3366307157/%D8%B7%D9%8A%D9%81 %D8%B3%D8%A7%D9%85%D9%8A/ar/]Sami spectrum[/url]Finalizing the draft federal budget law for the year 2023 and sending it to[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]for discussion and voting.
*Details of the budget law
and after its approval, the prime minister left[url=https://www.alsumaria.tv/Entity/2763932343/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url], in a press conference attended by Alsumaria correspondent, to reveal its details and main items.
Al-Sudani said at the conference, "The priorities of the government program will be present in the 2023 budget," pointing out that "the budget for three years supports financial stability, and we are facing the stability of that." He pointed out that "entitlements for all contracts, lecturers, and higher certificates have been secured in the budget," adding: "We have put in the budget practical measures, including increasing the coverage area in the protection network, and with the approval of the budget, the social subsidy will be disbursed."
* A fund for the poorest governorates
, and he continued, "For the first time, a fund has been established for the poorest governorates, and this fund will address the state of poverty in these governorates," indicating that "in this budget, we have maintained support for the liberated governorates, and we have allocated an amount of 500 billion dinars to secure service projects and support for displaced families." . He pointed out that "[url=https://www.alsumaria.tv/Entity/1579205024/%D8%B3%D9%87%D9%84 %D9%86%D9%8A%D9%86%D9%88%D9%89/ar/]Nineveh plain[/url]And we have allocated an amount of 50 billion dinars.
”
[You must be registered and logged in to see this link.]Where a comprehensive agreement was reached on the outstanding issues between[You must be registered and logged in to see this link.]and Erbil," indicating that "for the first time, the total revenues of oil produced in the region are deposited in a bank account in which it is deposited and is subject to federal administration."
* Understandings between[You must be registered and logged in to see this link.]And Erbil,
he explained, "the understandings between[You must be registered and logged in to see this link.]And Erbil was with clear points and confirms the two parties' progress towards approving the oil and gas law," stressing that "if there are any differences between[You must be registered and logged in to see this link.]And in Erbil, there is a committee that submits its recommendations to the federal prime minister.”
* Budget numbers
, and he added, “The share of the region[You must be registered and logged in to see this link.]In the budget, it amounts to 12.6, and the total budget amounted to 197 trillion and 828 billion dinars, as follows: the operating budget amounts to more than 150 trillion dinars, the investment budget is more than 47 trillion, and the budget deficit amounts to 63 trillion dinars, and he explained that “total revenues amount to more than 134 trillion
dinars ", stressing that "oil revenues amount to more than 117 trillion dinars based on the oil price of 70 dollars, and non-oil revenues amount to more than 17 trillion dinars."
In the field of numbers, Al-Sudani mentioned the following:
* The total budget amounts to more than 197 trillion dinars
* The operational budget amounts to more than 150 trillion dinars
* The investment budget amounted to more than 47 trillion
* The budget deficit amounts to 63 trillion dinars
* Total revenues amount to more than 134 trillion Dinar
* Oil revenues amount to more than 117 trillion dinars based on the price of oil at 70 dollars
* Non-oil revenues amount to more than 17 trillion dinars
* The share of the region[You must be registered and logged in to see this link.]In the budget, it amounts to 12.6 percent
* More than 12 trillion dinars of indebtedness will be paid this year
* Petrodollars will be two trillion dinars distributed among the governorates
* The development of regions in the budget will be 2.5 trillion dinars
* 400 billion dinars have been added to small project loans in the Ministry of Labor
* Increase in capital The Industrial Bank financed 400 billion dinars to support the private sector
* An increase in some allocations, including medicines, by 300 billion dinars, to become more than a trillion
* Allocating one trillion dinars for a draft law[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development
* The reasons for the rise in the budget
to that opinion of the President[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]That “the increase in the budget came due to the installation of lecturers and contracts in all ministries as well as indebtedness,” indicating that “this year more than 12 trillion dinars of indebtedness will be paid, and this indebtedness is internal and external and payable,” noting that “there is an increase in some allocations, including medicines, by an amount 300 billion dinars, to become more than a trillion.
He added, "The petrodollar will be two trillion dinars distributed among the provinces," explaining that "the development of the region in the budget will be two and a half trillion dinars."[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development and the allocation of one trillion and this bill[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development, it is directed to the private sector," pointing out that "in a project[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development, the implementation of 8 thousand schools will be launched at once.”
He continued, “The government program has adopted coverage of special programs amounting to one trillion and 865 billion dinars for medical services,” stressing that “the expenses of those whose contracts have been terminated have been covered, and these allocations will be in the budget law.” He also added, “ The amounts of electricity imports have been reduced,” stressing, “securing farmers’ dues for the current agricultural season.”
He emphasized that “400 billion dinars have been added to small project loans in the Ministry of Labor, in addition to increasing the capital of the Industrial Bank by 400 billion dinars to support the private sector.” *
Invitation To Parliament
In this context, Al-Sudani asked the House of Representatives to attend the second session to read the budget that enjoys a political agreement.
Where does the financial abundance go?
He pointed out that "the financial abundance of oil prices will be through which the dues of the provinces will be paid and the deficit will be covered," noting that "the government cannot cover all the country's requirements without the private sector, and this sector will receive real support."
* The most prominent features of the federal budget for the year 2023
In addition, the political advisor to the Prime Minister explained[url=https://www.alsumaria.tv/Entity/92016897/%D9%81%D8%A7%D8%AF%D9%8A %D8%A7%D9%84%D8%B4%D9%85%D8%B1%D9%8A/ar/]Fadi Al-Shammari[/url]The most important items and features of the three-year budgets.
Al-Shammari said in a statement received by Alsumaria News, "The most important items of the three-year budgets are as follows:
- For the first time, the budget comes in line with the provisions of the government program and the government's ministerial curriculum.
- The budget has addressed chronic problems (the social welfare network, student grants for poor families.
- The budget will be A model for financial budgets (2025, 2024, 2023), and it is considered a bold step to implement the government's vision in implementing strategic and development projects
.[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development, which will address the accumulated crises such as housing projects and schools.
Establishing a fund to support the poorest governorates by implementing development projects there.
- The budget witnessed a great understanding with the region[You must be registered and logged in to see this link.]It involved solving a lot of problems.
Reducing the rates of energy import amounts by one third as a result of entering new stations into service.
Support for peasants and farmers.
- Increasing capital for the industrial and housing banks.
- Developing the health sector and the pharmaceutical industry, as well as rehabilitating 10 hospitals that were built before 2003.
The budget included the implementation of the provisions of the reform package for the retirees segment.
On the other hand, issued[url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url]A statement related to the bases for preparing the federal budget for the year 2023, which includes budget challenges, determinants of response, and priorities of the government program.
Below is the text of the statement:
[url=file:///C:/Users/news9/Downloads/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86 %D8%AA%D8%B9%D8%AF%D9%8A%D9%84 %D8%A7%D9%81%D8%A7%D9%82 (2).pdf]Press here[/url]
[url=file:///C:/Users/news9/Downloads/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86 %D8%AA%D8%B9%D8%AF%D9%8A%D9%84 %D8%A7%D9%81%D8%A7%D9%82.pdf]
[/url]
* The constitutionality of merging budgets for the next three years,
the legal expert confirmed[url=https://www.alsumaria.tv/Entity/3104794497/%D8%B9%D9%84%D9%8A %D8%A7%D9%84%D8%AA%D9%85%D9%8A%D9%85%D9%8A/ar/]Ali Al Tamimi[/url]Today, Tuesday, March 14, 2023, the constitutionality of merging budgets for the next three years, while indicating the possibility of amending the two subsequent budgets by the House of Representatives.
Al-Tamimi said in an interview with Al-Sumaria News, "The merging of budgets for the next three years is possible constitutionally and legally, as indicated by Article 78 of the Constitution and Article 4, Paragraph 2, of the Law."[url=https://www.alsumaria.tv/Entity/2597276148/%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]financial management[/url]
And Public Debt No. 6 of 2019, which authorized the merger, which is medium-term for the next three years, and the first year is obligatory to apply as it is.” Without delaying legislation, the value of oil and the price of the dollar can be estimated, and appointments and jobs are determined in them with complete stability that guarantees their application and prevents changes.”
* Exporting 3.5 million barrels annually
is planned[You must be registered and logged in to see this link.]During the current year, 3.5 million barrels were exported annually, according to what was approved by the Sudanese government in its budget for the current year.
[You must be registered and logged in to see this link.]It is the second largest oil producer in OPEC, and the country relies on revenues from selling crude to cover about 95% of its expenses.
The price of a barrel of oil is about $70 per barrel in the budget approved by the government on Monday, with total proposed expenditures amounting to 197.8 trillion dinars ($152.2 billion), according to the prime minister.[url=https://www.alsumaria.tv/Entity/4163252486/%D9%85%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohammed Al-Sudani[/url]Who indicated that this budget will be repeated during the next two years as well.
The fiscal deficit amounts to 63 trillion dinars ($48.5 billion), according to the official government statement.
And while counting[You must be registered and logged in to see this link.]An oil exporter, it imports the main oil derivatives, such as gasoline, gas oil and white oil. According to the “SOMO” company, more than 5 million tons of oil derivatives were imported last year, at a value of $5.3 billion, compared to 4.7 million tons, at a value of $3.3 billion, in 2021. Gasoline was the most imported, at a value of $3.8 billion, followed by gas oil with more from $1.2 billion.
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2023-03-14 | 04:06
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Alsumaria News - A report
After a two-year wait for the last budget approved in Iraq, the Council of Ministers, headed by Muhammad Shia' al-Sudani, approved yesterday, Monday, March 13, 2023, the draft general budget law for the next three years, in a step that is the first of its kind in Mesopotamia. Many official government agencies have revealed their details, main clauses, bases for their preparation and features.
The last budget approved in[You must be registered and logged in to see this link.]Until the end of March 2021, while one was not adopted in 2022 due to the political turmoil that paralyzed the country for a year after the last legislative elections.
In order to secure basic expenses, the Iraqi parliament voted in the summer of 2022 on the emergency support law, amounting to $17 billion, and allowing Iraq, in particular, to purchase gas, electricity, and grains to ensure "food security."
*Agreed
approved[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]Yesterday, Monday, March 13, 2023, on the draft general budget law, while it was referred to the House of Representatives.
And he mentioned[url=https://www.alsumaria.tv/Entity/3826319905/%D8%A7%D9%84%D9%85%D9%83%D8%AA%D8%A8 %D8%A7%D9%84%D8%A5%D8%B9%D9%84%D8%A7%D9%85%D9%8A/ar/]information Office[/url]to head[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]In a statement received by Alsumaria News, that "[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]Approved the draft federal budget law for the fiscal years 2023, 2024 and 2025, in its regular session held under the chairmanship of the President[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url] [url=https://www.alsumaria.tv/Entity/2763932343/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]". he added."[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]He decided to refer the general budget to Parliament.”
And the day before yesterday, Sunday, the Minister of Finance announced[url=https://www.alsumaria.tv/Entity/3366307157/%D8%B7%D9%8A%D9%81 %D8%B3%D8%A7%D9%85%D9%8A/ar/]Sami spectrum[/url]Finalizing the draft federal budget law for the year 2023 and sending it to[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]for discussion and voting.
*Details of the budget law
and after its approval, the prime minister left[url=https://www.alsumaria.tv/Entity/2763932343/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url], in a press conference attended by Alsumaria correspondent, to reveal its details and main items.
Al-Sudani said at the conference, "The priorities of the government program will be present in the 2023 budget," pointing out that "the budget for three years supports financial stability, and we are facing the stability of that." He pointed out that "entitlements for all contracts, lecturers, and higher certificates have been secured in the budget," adding: "We have put in the budget practical measures, including increasing the coverage area in the protection network, and with the approval of the budget, the social subsidy will be disbursed."
* A fund for the poorest governorates
, and he continued, "For the first time, a fund has been established for the poorest governorates, and this fund will address the state of poverty in these governorates," indicating that "in this budget, we have maintained support for the liberated governorates, and we have allocated an amount of 500 billion dinars to secure service projects and support for displaced families." . He pointed out that "[url=https://www.alsumaria.tv/Entity/1579205024/%D8%B3%D9%87%D9%84 %D9%86%D9%8A%D9%86%D9%88%D9%89/ar/]Nineveh plain[/url]And we have allocated an amount of 50 billion dinars.
”
[You must be registered and logged in to see this link.]Where a comprehensive agreement was reached on the outstanding issues between[You must be registered and logged in to see this link.]and Erbil," indicating that "for the first time, the total revenues of oil produced in the region are deposited in a bank account in which it is deposited and is subject to federal administration."
* Understandings between[You must be registered and logged in to see this link.]And Erbil,
he explained, "the understandings between[You must be registered and logged in to see this link.]And Erbil was with clear points and confirms the two parties' progress towards approving the oil and gas law," stressing that "if there are any differences between[You must be registered and logged in to see this link.]And in Erbil, there is a committee that submits its recommendations to the federal prime minister.”
* Budget numbers
, and he added, “The share of the region[You must be registered and logged in to see this link.]In the budget, it amounts to 12.6, and the total budget amounted to 197 trillion and 828 billion dinars, as follows: the operating budget amounts to more than 150 trillion dinars, the investment budget is more than 47 trillion, and the budget deficit amounts to 63 trillion dinars, and he explained that “total revenues amount to more than 134 trillion
dinars ", stressing that "oil revenues amount to more than 117 trillion dinars based on the oil price of 70 dollars, and non-oil revenues amount to more than 17 trillion dinars."
In the field of numbers, Al-Sudani mentioned the following:
* The total budget amounts to more than 197 trillion dinars
* The operational budget amounts to more than 150 trillion dinars
* The investment budget amounted to more than 47 trillion
* The budget deficit amounts to 63 trillion dinars
* Total revenues amount to more than 134 trillion Dinar
* Oil revenues amount to more than 117 trillion dinars based on the price of oil at 70 dollars
* Non-oil revenues amount to more than 17 trillion dinars
* The share of the region[You must be registered and logged in to see this link.]In the budget, it amounts to 12.6 percent
* More than 12 trillion dinars of indebtedness will be paid this year
* Petrodollars will be two trillion dinars distributed among the governorates
* The development of regions in the budget will be 2.5 trillion dinars
* 400 billion dinars have been added to small project loans in the Ministry of Labor
* Increase in capital The Industrial Bank financed 400 billion dinars to support the private sector
* An increase in some allocations, including medicines, by 300 billion dinars, to become more than a trillion
* Allocating one trillion dinars for a draft law[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development
* The reasons for the rise in the budget
to that opinion of the President[url=https://www.alsumaria.tv/Entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url]That “the increase in the budget came due to the installation of lecturers and contracts in all ministries as well as indebtedness,” indicating that “this year more than 12 trillion dinars of indebtedness will be paid, and this indebtedness is internal and external and payable,” noting that “there is an increase in some allocations, including medicines, by an amount 300 billion dinars, to become more than a trillion.
He added, "The petrodollar will be two trillion dinars distributed among the provinces," explaining that "the development of the region in the budget will be two and a half trillion dinars."[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development and the allocation of one trillion and this bill[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development, it is directed to the private sector," pointing out that "in a project[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development, the implementation of 8 thousand schools will be launched at once.”
He continued, “The government program has adopted coverage of special programs amounting to one trillion and 865 billion dinars for medical services,” stressing that “the expenses of those whose contracts have been terminated have been covered, and these allocations will be in the budget law.” He also added, “ The amounts of electricity imports have been reduced,” stressing, “securing farmers’ dues for the current agricultural season.”
He emphasized that “400 billion dinars have been added to small project loans in the Ministry of Labor, in addition to increasing the capital of the Industrial Bank by 400 billion dinars to support the private sector.” *
Invitation To Parliament
In this context, Al-Sudani asked the House of Representatives to attend the second session to read the budget that enjoys a political agreement.
Where does the financial abundance go?
He pointed out that "the financial abundance of oil prices will be through which the dues of the provinces will be paid and the deficit will be covered," noting that "the government cannot cover all the country's requirements without the private sector, and this sector will receive real support."
* The most prominent features of the federal budget for the year 2023
In addition, the political advisor to the Prime Minister explained[url=https://www.alsumaria.tv/Entity/92016897/%D9%81%D8%A7%D8%AF%D9%8A %D8%A7%D9%84%D8%B4%D9%85%D8%B1%D9%8A/ar/]Fadi Al-Shammari[/url]The most important items and features of the three-year budgets.
Al-Shammari said in a statement received by Alsumaria News, "The most important items of the three-year budgets are as follows:
- For the first time, the budget comes in line with the provisions of the government program and the government's ministerial curriculum.
- The budget has addressed chronic problems (the social welfare network, student grants for poor families.
- The budget will be A model for financial budgets (2025, 2024, 2023), and it is considered a bold step to implement the government's vision in implementing strategic and development projects
.[url=https://www.alsumaria.tv/Entity/168929522/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Iraq Fund[/url]For development, which will address the accumulated crises such as housing projects and schools.
Establishing a fund to support the poorest governorates by implementing development projects there.
- The budget witnessed a great understanding with the region[You must be registered and logged in to see this link.]It involved solving a lot of problems.
Reducing the rates of energy import amounts by one third as a result of entering new stations into service.
Support for peasants and farmers.
- Increasing capital for the industrial and housing banks.
- Developing the health sector and the pharmaceutical industry, as well as rehabilitating 10 hospitals that were built before 2003.
The budget included the implementation of the provisions of the reform package for the retirees segment.
On the other hand, issued[url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url]A statement related to the bases for preparing the federal budget for the year 2023, which includes budget challenges, determinants of response, and priorities of the government program.
Below is the text of the statement:
[url=file:///C:/Users/news9/Downloads/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86 %D8%AA%D8%B9%D8%AF%D9%8A%D9%84 %D8%A7%D9%81%D8%A7%D9%82 (2).pdf]Press here[/url]
[url=file:///C:/Users/news9/Downloads/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86 %D8%AA%D8%B9%D8%AF%D9%8A%D9%84 %D8%A7%D9%81%D8%A7%D9%82.pdf]
[/url]
* The constitutionality of merging budgets for the next three years,
the legal expert confirmed[url=https://www.alsumaria.tv/Entity/3104794497/%D8%B9%D9%84%D9%8A %D8%A7%D9%84%D8%AA%D9%85%D9%8A%D9%85%D9%8A/ar/]Ali Al Tamimi[/url]Today, Tuesday, March 14, 2023, the constitutionality of merging budgets for the next three years, while indicating the possibility of amending the two subsequent budgets by the House of Representatives.
Al-Tamimi said in an interview with Al-Sumaria News, "The merging of budgets for the next three years is possible constitutionally and legally, as indicated by Article 78 of the Constitution and Article 4, Paragraph 2, of the Law."[url=https://www.alsumaria.tv/Entity/2597276148/%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]financial management[/url]
And Public Debt No. 6 of 2019, which authorized the merger, which is medium-term for the next three years, and the first year is obligatory to apply as it is.” Without delaying legislation, the value of oil and the price of the dollar can be estimated, and appointments and jobs are determined in them with complete stability that guarantees their application and prevents changes.”
* Exporting 3.5 million barrels annually
is planned[You must be registered and logged in to see this link.]During the current year, 3.5 million barrels were exported annually, according to what was approved by the Sudanese government in its budget for the current year.
[You must be registered and logged in to see this link.]It is the second largest oil producer in OPEC, and the country relies on revenues from selling crude to cover about 95% of its expenses.
The price of a barrel of oil is about $70 per barrel in the budget approved by the government on Monday, with total proposed expenditures amounting to 197.8 trillion dinars ($152.2 billion), according to the prime minister.[url=https://www.alsumaria.tv/Entity/4163252486/%D9%85%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohammed Al-Sudani[/url]Who indicated that this budget will be repeated during the next two years as well.
The fiscal deficit amounts to 63 trillion dinars ($48.5 billion), according to the official government statement.
And while counting[You must be registered and logged in to see this link.]An oil exporter, it imports the main oil derivatives, such as gasoline, gas oil and white oil. According to the “SOMO” company, more than 5 million tons of oil derivatives were imported last year, at a value of $5.3 billion, compared to 4.7 million tons, at a value of $3.3 billion, in 2021. Gasoline was the most imported, at a value of $3.8 billion, followed by gas oil with more from $1.2 billion.
[You must be registered and logged in to see this link.]
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