[size=38]Counselor Mazhar Saleh: Preparing a budget for 3 years provides a vision for Iraq's financial future[/size]
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March 14, 2023[You must be registered and logged in to see this link.]
Baghdad / Obelisk: The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the government's preparation of a budget for 3 years provides a vision for Iraq's financial future.
During his attendance at a conference organized by the College of Administration and Economics at the University of Karbala, Saleh said that the amended Financial Management Law No. 6 of 2019 in force talks about the annual budget, and that it is okay for the state to present a financial plan, containing estimates and forecasts for the coming years, so that the House of Representatives and legislators have a vision On how the state's financial affairs are going, pointing out his support for this trend.
He added that the draft approval of the budget for the coming years by the Council of Ministers remains indicative and is subject to modification depending on oil prices and the nature of revenues and expenditures in the coming years. As for the budget for 2023, it remains the law, indicating that the initiation of approving a budget for the next three years gives the legislator a vision for the future of Iraq. finance in the medium term to prepare for all possibilities.
For his part, the President of the University of Karbala, Bassem Khalil Al-Saeedi, confirmed during his participation in the conference that one of the university's goals is to contribute to solving community crises and communicating with state departments and ministries, explaining that the College of Administration and Economics this year sought to contribute to how to find solutions and maximize the state's resources away from oil.
He pointed out that the participating researches in the conference are proposals that contribute to maximizing the country's resources, expressing his hope that the government will take these proposals into consideration to start developing the country's economy in the near future.
The Deputy Secretary-General of the Husseiniya Shrine, Ala Diaa Al-Din, said that Iraq possesses human and financial energy, and the Husseiniya Shrine sponsored this conference and gave it great attention, and through it it seeks to find economic programs that are in the interest of the Iraqi economy, as well as benefiting from the minds, research and reports participating in the conference to develop its projects.
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