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The government places achieving development among the priorities of the 2025 budget
First 11/12/2024
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As usual, the government of Prime Minister Mohammed Shia al-Sudani invests every day in completing a step here or there, in order to accelerate the construction and reconstruction process, provide requirements and implement obligations. The Finance Committee revealed that the government has begun preparing the budget schedules for next year (2025), as it has placed achieving development, increasing non-oil revenues and achieving more economic stability at the forefront of priorities. According to the head of the committee, Atwan al-Atwani, to “Al-Sabah”, “The government has begun preparing the infrastructure for the (2025) budget, and has determined the requirements for reviewing this budget, as 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 explained that "the objectives set and desired from this budget are to achieve development, increase non-oil revenues, and search for means for clear economic stability."
Al-Atwani 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, from now on, we must look for additional resources and achieve non-oil revenues that can provide stability to the economy,” indicating that this matter led to “our tendency to rationalize consumption as it is an important matter.”
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