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[size=36]Parliamentary Finance: The current budget deficit increased by 20 trillion over the previous year[/size]
Economy | 08:59 - 01/04/2024
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Mawazine News - Baghdad
The Parliamentary Finance Committee revealed that the current year’s budget deficit exceeded 20 trillion over the previous year’s budget, indicating that it was a planned deficit and not a real one, at a time when it hosted the new governors to learn about their most prominent demands and the problems they suffer from and to discuss other technical matters.
Committee member, Jamal Cougar, said in an interview with the official newspaper, followed by Mawazine News, that the 2024 budget amounts to 228 trillion dinars, with a planned deficit amounting to 84 trillion dinars, noting that salaries, according to the Minister of Planning, will reach 102 trillion dinars, which is a very large amount.
He pointed out that the deficit is planned because every year large amounts are added to the operating budget that may not be implemented, and any reduction in the implementation rate of the budget will be a reduction in the deficit rate, indicating that the previous budget had a deficit of 64 trillion, meaning an increase of about 20 trillion.
Koger added that the new governors were hosted in order to know the extent of the implementation of projects in their governorates, in addition to learning about the most important problems and obstacles they face and talking about the projects, what has been implemented and what has not been implemented, in addition to other matters, including food security.
He pointed out that the Minister of Planning was hosted and revealed the details of the projects and their implementation and why some projects had not been referred yet, stressing that the governors’ requests were mostly service related to the completed projects, and they called on the government, through the committee, to disburse the amounts for the completed projects.
Committee member, Jamal Cougar, said in an interview with the official newspaper, followed by Mawazine News, that the 2024 budget amounts to 228 trillion dinars, with a planned deficit amounting to 84 trillion dinars, noting that salaries, according to the Minister of Planning, will reach 102 trillion dinars, which is a very large amount.
He pointed out that the deficit is planned because every year large amounts are added to the operating budget that may not be implemented, and any reduction in the implementation rate of the budget will be a reduction in the deficit rate, indicating that the previous budget had a deficit of 64 trillion, meaning an increase of about 20 trillion.
Koger added that the new governors were hosted in order to know the extent of the implementation of projects in their governorates, in addition to learning about the most important problems and obstacles they face and talking about the projects, what has been implemented and what has not been implemented, in addition to other matters, including food security.
He pointed out that the Minister of Planning was hosted and revealed the details of the projects and their implementation and why some projects had not been referred yet, stressing that the governors’ requests were mostly service related to the completed projects, and they called on the government, through the committee, to disburse the amounts for the completed projects.
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