Parliamentary Finance: The government reform paper will draw a new financial map

Parliamentary Finance: The government reform paper will draw a new financial map

9/25/2020 11:26

Parliamentary Finance - The government reform paper will draw a new financial mapWhere News _ Baghdad

The Parliamentary Finance Committee confirmed, on Friday, that the government reform paper will draw a new financial map for the next year, while stressing the need to achieve internal or external borrowing, and to accelerate the approval of the 2020 budget to ensure employees’ salaries.
A member of the committee, Sadiq Madloul, told Where News, “Approving the 2020 budget as quickly as possible will fulfill many demands, including the salaries of employees, new appointees, free lecturers, covered by Resolution 315, transferred from one ministry to another, first to colleges, and investment projects.” .
He explained that “the government reform paper has a significant impact on the 2021 budget, because it has not been achieved in the 2020 budget, and that the Minister of Finance requested time from the Finance Committee to prepare it,” indicating that “the reform paper needs deliberation, study, planning and consultation, in order to deliver a real paper on which it depends All state financial institutions, as well as achieving future goals and drawing a new financial map in the year 2021. ”
The Minister of Finance, Ali Abdul Amir Allawi, had announced the submission of the first reform paper at the end of this month, and Allawi said that “the economic reform program needs a long time because the economic situation in Iraq is going through embarrassment due to the repercussions of previous cumulative economic policies that passed on the Iraqi state since the fifties of the century. The past and so far, especially the legislation of the Land Reform Law and the decisions of the socialist package, in addition to the loss of the economic vision that weakened the private sector and made all resources in the hands of governments

alliraqnews.com