Parliamentary finance reveals the remaining balance after financing the current and investment budgets

Parliamentary finance reveals the remaining balance after financing the current and investment budgets

2019/5/11 15:37

Parliamentary finance reveals the remaining balance after financing the current and investment budgets(Baghdad / Al-Furat News) A member of the Finance Committee Magda Tamimi, Saturday, the balance remaining after the funding of current and investment budgets.
Tamimi said in a statement received {Euphrates News} a copy of it, “The proportion of the current budget has reached 95.7% and formed a salary ratio of 65.9%, which is very high.”
“The ratio of the investment budget amounted to 4.2%, while the proportion of oil revenues 94.5% compared to 5.4% for non-oil revenues, which means modest contribution of non-oil revenues, which makes the funding of the budget vulnerable to fluctuations resulting from the change in oil prices” , Indicating that “these figures for the period from 1/1/2019 to 30/4/2019.”
Tamimi called for “comprehensive review of the laws passed after 2003 to reconsider the distribution of incomes, as well as activating and supporting the private sector and creating the appropriate environment for its development.”
Tamimi pointed to “the ministerial platform of the government, which stressed the encouragement and stimulation of the investment environment in all sectors and the market economy.”
“The value of the remaining balance of total revenues and the balance of the first period and after the financing of current and investment funds amounted to 16.08 trillion dinars.” is over

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