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[size=36]Parliamentary Finance discusses ways to close the financial deficit in the 2024 budget[/size]
Economy | 04:21 - 05/23/2024
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Baghdad - Mawazine News
The Finance Committee discussed, today, Thursday, during its meeting, the 2024 budget schedules, and ways to provide financial allocations, fill the deficit, and enhance financial resources.
A statement from the committee received by “Mawazine News” said, “The head of the committee, Atwan Al-Atwani, stressed the importance of completing this task because of its general interest for the country and stressed the necessity of formulating the provisions of the law in a manner consistent with the schedules and taking into account the size of the large financial obligations related to the completion of projects between ministries and governorates.”
He added, "The committee stressed the need to accelerate the implementation of contractual obligations for ongoing projects funded within the budget through regional development allocations in all governorates," explaining that "the committee prepared a report to compare the financial allocations for the 2023-2024 budget, as it included ways to fill the deficit and enhance resources." Discussing the allocations of service and commodity supplies, asset maintenance, grants, subsidies, obligations, contributions, and social care, while clarifying the differences between the two budgets and listening to the comments received regarding it.”
He pointed out that "the committee confirmed that it will discuss all the details included in the tables with the Ministries of Finance and Planning and the relevant ministries and raise inquiries in order to analyze the data and reach the best results."
The Finance Committee discussed, today, Thursday, during its meeting, the 2024 budget schedules, and ways to provide financial allocations, fill the deficit, and enhance financial resources.
A statement from the committee received by “Mawazine News” said, “The head of the committee, Atwan Al-Atwani, stressed the importance of completing this task because of its general interest for the country and stressed the necessity of formulating the provisions of the law in a manner consistent with the schedules and taking into account the size of the large financial obligations related to the completion of projects between ministries and governorates.”
He added, "The committee stressed the need to accelerate the implementation of contractual obligations for ongoing projects funded within the budget through regional development allocations in all governorates," explaining that "the committee prepared a report to compare the financial allocations for the 2023-2024 budget, as it included ways to fill the deficit and enhance resources." Discussing the allocations of service and commodity supplies, asset maintenance, grants, subsidies, obligations, contributions, and social care, while clarifying the differences between the two budgets and listening to the comments received regarding it.”
He pointed out that "the committee confirmed that it will discuss all the details included in the tables with the Ministries of Finance and Planning and the relevant ministries and raise inquiries in order to analyze the data and reach the best results."
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