Parliamentary Finance to Nina: We are discussing with the government the preparation of the 2025 general budget...and these are our observations
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[rtl]Baghdad / NINA / The Parliamentary Finance Committee disclosed part of the joint meetings with government agencies to prepare the new general budget law 2025 and its tables related to revenues and expenditures.
Committee member, MP Moeen Al-Kazemi, stated in a statement to the National Iraqi News Agency / NINA /, that "the Finance Committee has ongoing discussions and meetings with the Minister of Finance on the implementation of the 2024 budget items, especially those related to revenues and expenditures, as we found that there is a reduction in spending and complaints from governorates and ministries about the weak actual funding of spending units."
He added, "The Parliamentary Finance Committee is working on formulating the new general budget tables for next year 2025 in a realistic manner, away from the increases that cannot be guaranteed to be secured, as happened in the current year's budget 2024."
He explained, "We seek to have a general budget of 150 trillion dinars, distributed as oil revenues of 120 trillion dinars, and non-oil revenues of 30 trillion dinars, so that the budget tables are realistic in which revenues can be collected and spent."
He continued, "During the joint meetings with the Minister of Finance and ministry officials, the need to activate the revenues of government departments, including electricity, the Baghdad Municipality, municipal departments and other services provided by all ministries, in addition to taxes, border crossing revenues and customs, as well as supporting the private sector in the fields of agriculture, industry, trade, services and investment, was emphasized. This would also contribute to increasing the country's revenues in general, and stabilizing hundreds of thousands of unemployed workers." / End 5
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Committee member, MP Moeen Al-Kazemi, stated in a statement to the National Iraqi News Agency / NINA /, that "the Finance Committee has ongoing discussions and meetings with the Minister of Finance on the implementation of the 2024 budget items, especially those related to revenues and expenditures, as we found that there is a reduction in spending and complaints from governorates and ministries about the weak actual funding of spending units."
He added, "The Parliamentary Finance Committee is working on formulating the new general budget tables for next year 2025 in a realistic manner, away from the increases that cannot be guaranteed to be secured, as happened in the current year's budget 2024."
He explained, "We seek to have a general budget of 150 trillion dinars, distributed as oil revenues of 120 trillion dinars, and non-oil revenues of 30 trillion dinars, so that the budget tables are realistic in which revenues can be collected and spent."
He continued, "During the joint meetings with the Minister of Finance and ministry officials, the need to activate the revenues of government departments, including electricity, the Baghdad Municipality, municipal departments and other services provided by all ministries, in addition to taxes, border crossing revenues and customs, as well as supporting the private sector in the fields of agriculture, industry, trade, services and investment, was emphasized. This would also contribute to increasing the country's revenues in general, and stabilizing hundreds of thousands of unemployed workers." / End 5
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