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[size=52]Al-Khalidi: The percentage of the operational budget in Iraq is terrifying, being the highest in the world[/size]
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Information / Baghdad
On Sunday, the Secretary-General of the Bayariq Al-Khair Movement, Muhammad Al-Khalidi, described the operating budget numbers as terrifying, indicating that the percentage is the highest among the world’s budgets.
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Al-Khalidi said in an interview with Al-Maalouma, "The budget is a very important draft law in the Iraqi state, and it cannot be passed without national consensus, as it represents the rights of more than 40 million people."
He added, "By looking at some budget items, some matters of concern can be monitored, especially the operating budget, which amounted to more than 70%, which is perhaps the highest in the world, because all the determinants stand at 20%, which shows the large difference in numbers, which poses a real danger if Oil prices have fallen to high levels.
He pointed out that "Iraq depends on selling oil by 90%, and any collapse in prices will make it face very difficult choices in securing salaries and the rest of the other requirements, stressing that the 2023 budget is the most complex in the Iraqi state after 2003."
The total amounts allocated for the 2023 budget amount to 200 trillion Iraqi dinars, with a deficit estimated at about 60 trillion, according to the figures currently presented.
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