Parliamentary Finance: Next year’s budget is austere, with no new appointments or investment projects

Parliamentary Finance: Next year’s budget is austere, with no new appointments or investment projects

09/12/2020 11:50:30

Parliamentary Finance - Next years budget is austere with no new appointments or investment projects{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee, Ahmed Mazhar Al-Jubouri, confirmed on Saturday that next year’s budget will be austerity without new appointments or investment projects.
Al-Jubouri said in a press statement that “the 2020 budget is a legal cover for the past months, and it is an austerity budget that is far from directly operational investments, especially since the previous borrowing of 15 trillion dinars, which the state withdrew was only salaries.”
Al-Jubouri added that “until the next budget, there are paragraphs for internal and external borrowing to pay salaries, and therefore there is no new thing in them apart from the investment framework and appointments.”
He explained that “the Minister of Finance, during hosting the committee, answered regarding the issue of appointments and dealing with it that there is a stronger will than the ministry,” declaring clearly that “all appointments were rejected by him and by the ministry’s advanced staff for lack of financial coverage, but it was imposed on him by the government with decisions and votes.” Council of Ministers”.
Al-Jubouri pointed out that “the next budget includes expenditures to cover ongoing projects, not new projects, and I do not think that the state will proceed with the issue of appointments in light of the increase in expenditures by 20% than it was in the 2019 budget.”

alforatnews.com