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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Parliamentary Finance: The government has started preparing the 2025 budget

    Rocky
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    Parliamentary Finance: The government has started preparing the 2025 budget Empty Parliamentary Finance: The government has started preparing the 2025 budget

    Post by Rocky Yesterday at 4:20 am

    [size=46]Parliamentary Finance: The government has started preparing the 2025 budget[/size]
    Iraq
    09:35 - 2024-11-12
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    The Parliamentary Finance Committee revealed that the government has begun preparing the budget schedules for next year 2025, while indicating that the desired goals are to achieve development and increase non-oil revenues.
    The head of the committee, Atwan Al-Atwani, stated that the government has begun preparing the infrastructure for the 2025 budget and has identified the requirements for reviewing this budget. We look forward to these schedules arriving next year, or perhaps some of the items that the government needs to complete the requirements for their implementation. He indicated that the goals set and desired from this budget are to achieve development, increase non-oil revenues, and search for means for clear economic stability.
    He added that the operating budget has begun to extend beyond the investment budget, and this burdens the budget and makes it limited in its set objectives. Therefore, it is necessary from now to search for additional resources and achieve non-oil revenues that can provide stability in the economy, indicating that this matter has led us to rationalize consumption because it is an important matter.
    Regarding the digital transformation process, the Chairman of the Finance Committee believes that this matter is an essential structure for achieving a significant and noticeable increase in non-oil revenues, and all of this will be included and solutions will be sought for it in the 2025 budget.
    The Chairman of the Finance Committee also explained that the budget deficit may be the same as in 2024 because the government has been paying off its external loans, and in return, investment projects have been achieved and entered service, and there are other projects being implemented that have had a noticeable impact on the budget and its current expenditures.
    The head of the committee continued by saying: The government has started financing projects in the governorates with a second batch that reached 400 billion dinars for all governorates, and the same is true for financing some ministries to achieve their goals, pointing out that the financing batch during the coming months will be large and in line with what the ministries and governorates need, considering that there are projects that these ministries and governorates have started and the governorates and ministries will be required to pay their financial requirements, especially towards private sector companies.
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