by Rocky Wed 17 Apr 2024, 2:38 pm
Time: 04/17/2024 07:43:30{Economic: Al-News} The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the financial b... ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ MM&C 4/17/24
Time: 04/17/2024 07:43:30
{Economic: Al-News} The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the financial budget schedules for 2024 were “almost” complete.
In a press statement, Saleh considered “the presentation of the financial schedules for the fiscal year 2024 by the executive authority for parliamentary approval” to be a “flexible legislative path, as an integral part of the financial constants and principles of the Federal General Budget Law No. 13 of 2023 (Tripartite).”
He stated, “ These tables include revenues, public expenditures, and the estimated hypothetical deficit, and they are within the law that was originally legislated by the House of Representatives and published in the Official Gazette last year. The proposed financial tables that are being prepared by the executive authority today, and which have become almost complete, are based on financial legislation. implemented and approved under the aforementioned Tripartite Budget Law.”
He added, “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024, ""especially new investment projects, and financial commitments and pledges during the current year"", in order to Implementing it as an annual financial plan within the framework of the principles of the tripartite general budget itself, in letter and spirit.”
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The schedules will need the deals that Al-Sudani is hammering out while in the USA..imo. It talks about new investment projects. Well, did we not see today 41 new military planes being pruchased? So lets see what happens. We know the schedules are to be ready for the HoR and yet to arrive. I have a good strong feelign we all know why they have yet to arrive and that would be becuase the schedules and texts have exchange rate sensitivity to them.. imo ~ MM | | | |
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