Refer the 2020 budget to the Council of Ministers … and this is the most prominent of its contents

Refer the 2020 budget to the Council of Ministers … and this is the most prominent of its contents

6/9/2020 9:07

Refer the 2020 budget to the Council of Ministers ... and this is the most prominent of its contents{Baghdad Where News} The Ministry of Planning referred the budget for the year 2020 to the Council of Ministers for approval, and then referred it to the House of Representatives for approval so that the borrowing law could be approved in order to release the entitlements of employees and citizens for the remaining months of the current year, confirming work with the relevant authorities to prepare the budget for the year 2021
. Maher Hammad said in a press statement that “the federal financial budget for the current year 2020, which was sent by the Ministry of Finance to the Council of Ministers last Wednesday, is the same budget that was prepared earlier and contains a financial deficit of 80 trillion dinars, and was based on a total amount estimated at 146 trillion Dinar”.

A promise to send the budget is necessary in order for the House of Representatives to approve the borrowing law, which will contribute to providing salaries for employees and citizens’ entitlements for the remaining months of the current year, stressing that the budget has not undergone any change, and it also contained the launch of bonuses and promotions for all employees, indicating that the available job grades for assignment to Retirement, has been added to the federal budget for the year 2021. ”

Hammad revealed that“ the ministries of planning and oil, in addition to the Central Bank, the Customs Authority and the Public Debt Department, are currently reviewing the sums that could be supplied to the 2021 budget, which now lacks any final figures. ”

alliraqnews.com