In numbers, the Minister of Planning details the 2023 budget and the percentage of repayment of internal and external debts[You must be registered and logged in to see this link.] |Today, 00:43[You must be registered and logged in to see this image.]
Baghdad today - Baghdad
The Minister of Planning, Muhammad Ali Tamim, revealed details and numbers about the financial budget.
Tamim said, during his hosting at the Al-Rafidain Center for Dialogue in Najaf, on Thursday, that: "Preparing a budget for three years is not new, but it was mentioned in the Financial Management and Public Debt Law for the year 2019 and was approved in the previous session."
And that "the budget depends on the main pillars are revenues, expenditures, deficit and deficit coverage."
He explained, "The budget is for three years, but the Council of Ministers did not attach the schedules for the years 2024 and 2025, so in practice it is for the year 2023 only."
Tamim pointed out, "The budget for the year 2023 was approved by nearly 200 trillion dinars, with a deficit of 60 trillion dinars, and this deficit is for the year 2023 only."
He continued, "The 2023 budget relied on the price of a barrel of $70, and it was calculated according to realistic estimates."
He stressed that "the current government is not responsible for the additions in the operational side of the budget, but rather it deals with decisions taken by previous governments, including volunteers in ministries, free lecturers, standards readers and contract employees."
The Minister of Planning pointed out, "We have put in the budget a plan to address the internal and external debts owed by the government, of which only 15% has been paid during the past ten years."