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A deputy denounces the "allegations" of the Finance Committee: There is no budget deficit!
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Baghdad today - Baghdad
Today, Sunday, independent MP Kazem Al-Touki refuted statements about the existence of a real fiscal deficit in the 2023 budget.
Al-Touki said, to (Baghdad Today), that "the budget law was prepared on the first month of the year, and its approval and implementation of this law will be at the end of the sixth month, and for this financial deficit will be in the law only an estimated and imaginary number and there is no real deficit."
And he indicated that "the budget law will be free from any deficit, and borrowing has not been done in order to work on the budget items, especially since the large financial allocations in the budget are for paying salaries."
Al-Touki confirmed that all employees' salaries are insured and there are no fears of any real financial deficit during the current year.
Earlier, the Parliamentary Finance Committee confirmed that it is working to reduce the deficit in the 2023 budget by reducing expenditures, while it indicated that it is going towards reducing it in real terms by searching for unnecessary operational and investment expenses and deleting them.
And she pointed out that it "will put in place a mechanism to reduce high operating expenses in a way that does not affect the volume of services provided to the citizen, nor the government program."
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