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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    An economic expert depends on the speed of approval of the budget schedules on the number of its art

    Rocky
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    • Post n°1

    An economic expert depends on the speed of approval of the budget schedules on the number of its art Empty An economic expert depends on the speed of approval of the budget schedules on the number of its art

    Post by Rocky Thu 23 May 2024, 6:36 am

    An economic expert depends on the speed of approval of the budget schedules on the number of its articles
    • Time: 05/23/2024 13:54:38
       
    • Read: 299 times

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    {Economic: Al-Furat News} An economic expert depends on the speed of the House of Representatives’ approval of the federal financial budget schedules for the year 2024 according to the number of its articles.
    Salah Nouri, the former director of the Financial Supervision Bureau, told Al-Furat News Agency, “The speed of approving the budget schedules is subject to several things, most notably what depends on the number of budget articles that have been amended by the government, and the adequacy of the accompanying analytical tables.”
    He pointed out that "in any case, there was a delay, as in previous years. We are on the verge of June, and if its approval occurs in the aforementioned month, which is most likely, then half of the fiscal year has passed."
    The Council of Ministers voted in an extraordinary session last Sunday on the budget schedules and referred them to the House of Representatives.
    In a press conference after the session, Prime Minister Muhammad Shiaa Al-Sudani revealed the details of the budget schedules and the most prominent contents of them, and said:
    - Table (A) includes revenues totaling (144.336) trillion dinars, and Table (B) concerns total planned expenditures totaling (210.936) trillion dinars.
    - The planned budget deficit amounted to (63.599) trillion dinars, and Table (C) is the centrally funded workforce table, amounting to (4,079,906) employees, and governing expenditures amounted to (10.042) trillion dinars.
    The investment budget for 2024 is (54.298) trillion dinars, and may reach 55 trillion dinars.
    - Governorate allocations to local government programs with an investment allocation amounted to (10.633) trillion dinars in 2023, and we financed (3.333) trillion, based on fundamental requests from the governorates.
    - The remainder of the allocation (7.333) trillion dinars is in a trust account, at the disposal of the provincial governments.
    - Allocating approximately (8) trillion dinars to ongoing projects, including allocations in 2024.
    - For the first time in the history of budgets, we exceeded spending by 50%.
    The increase in debt repayment amounted to 3.9 trillion dinars. In 2023, the debt repayment was 12,751, and in 2024, we repaid 16.725 trillion.
    The day before yesterday, Tuesday, the House of Representatives received the budget schedules, while the Parliamentary Finance Committee began discussing the budget schedules, amid expectations of voting on them before the ninth of next June, that is, before the end of the current legislative term. 
    From.. Raghad Dahham
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