Finance Minister: The Iraqi government is committed to implementing its reform program

Finance Minister: The Iraqi government is committed to implementing its reform program

August 25, 2021 05:56 PM

 Finance Minister - The Iraqi government is committed to implementing its reform programMubasher: The Iraqi Minister of Finance, Ali Abdul-Amir Allawi, chaired, today, Wednesday, the meeting of the nineteenth session of the committee for preparing the federal general budget strategy for the medium term 2022-2024, in the presence of the head of the General Authority for Monitoring Federal Ministries Allocations, the Undersecretary, the Prime Minister’s advisors, the ministry’s advisors, and a number of General managers in the ministry and the relevant ministries.

Allawi stressed, according to a statement by the Ministry of Finance, that the Iraqi government, through the Ministry of Finance, is committed to implementing its reform program, especially related to drawing up sound financial policy and preparing budget projects that are consistent with the size of the current economic and financial challenges.

The Minister of Finance said that it comes in line with the efforts and steps to prepare and implement the general budget in accordance with the programs and performance, in order to ensure the equitable distribution of wealth and to achieve comprehensive development plans for the entire Iraqi economy.

The session dealt with several main axes, including completing the discussions related to mechanisms for maximizing public revenues, and following up on texts that will be included in the draft federal budget for the next fiscal year.

The meeting witnessed a review of the proposed general budget model for the next fiscal year submitted by the Prime Minister’s Advisor for Economic Affairs. In the same context, the session discussed the report submitted by the Ministry of Defense regarding the costs of compulsory recruitment and ways to discuss securing these allocations within the framework of the draft budget.

mubasher.info