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Revealing the features of the 2025 budget tables
- Time: 2024/10/08 13:09:50
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{Economic: Al Furat News} A government advisor revealed the features of the 2025 financial budget schedules.
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said in a press statement that "Article 77/Second of the Federal General Budget Law No. 13 of 2023, which regulates the preparation of the three-year budget, stipulates that the government shall send the budget tables for the years 2024 and 2025 to the House of Representatives for approval before the end of the previous fiscal year."
He added that "the Ministry of Finance has announced that it is in the process of preparing the general budget tables for the year 2025, in accordance with the constitutional mechanisms adopted by the aforementioned Three-Year Budget Law."
He pointed out that "based on the indicators of budget implementation over the first two years provided for by the aforementioned Law No. 13, the financial authority has the necessary administrative and financial capabilities to submit the 2025 budget tables to take their legislative path through discussion and approval in the Council of Ministers and refer them to the House of Representatives before the end of this year."
Saleh noted that "the federal general budget tables for the year 2025 will be based on the constants of the Federal Budget Law No. 13 of 2024, taking into account international and regional economic conditions and their changes, in a way that ensures the adaptation of the provisions of the budget tables for the year 2025 within the available legal texts, in addition to relying on the performance of the indicators of the general budget tables for the year 2024."
He stressed that "major reconstruction projects will continue to progress in accordance with the vision of the government program to ensure the continuity of growth rates in the gross domestic product in general and the gross domestic product (non-oil) in particular."
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{Economic: Al Furat News} A government advisor revealed the features of the 2025 financial budget schedules.
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said in a press statement that "Article 77/Second of the Federal General Budget Law No. 13 of 2023, which regulates the preparation of the three-year budget, stipulates that the government shall send the budget tables for the years 2024 and 2025 to the House of Representatives for approval before the end of the previous fiscal year."
He added that "the Ministry of Finance has announced that it is in the process of preparing the general budget tables for the year 2025, in accordance with the constitutional mechanisms adopted by the aforementioned Three-Year Budget Law."
He pointed out that "based on the indicators of budget implementation over the first two years provided for by the aforementioned Law No. 13, the financial authority has the necessary administrative and financial capabilities to submit the 2025 budget tables to take their legislative path through discussion and approval in the Council of Ministers and refer them to the House of Representatives before the end of this year."
Saleh noted that "the federal general budget tables for the year 2025 will be based on the constants of the Federal Budget Law No. 13 of 2024, taking into account international and regional economic conditions and their changes, in a way that ensures the adaptation of the provisions of the budget tables for the year 2025 within the available legal texts, in addition to relying on the performance of the indicators of the general budget tables for the year 2024."
He stressed that "major reconstruction projects will continue to progress in accordance with the vision of the government program to ensure the continuity of growth rates in the gross domestic product in general and the gross domestic product (non-oil) in particular."
Share if you like
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