Al-Sudani’s financial advisor warns of the delay in approving the budget: it obscures part of important expenditures in the Iraqi economy
Al-Sudani’s financial advisor warns of the delay in approving the budget: it obscures part of important expenditures in the Iraqi economy
PM:03:03:12/04/2023
Today, Wednesday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, warned of the delay in approving the budget, because it obscures part of the important expenditures in the Iraqi economy, and affects opportunities for progress and growth, stressing the need to expedite its legislation.
Saleh said, in a press statement followed by NRT Arabia, that “the federal general budget is an important issue in Iraq’s economic life, as government expenditures, whether currently underway within the Financial Management Law or to be added in the Budget Law, constitute about 50 percent of the Iraqi total, and reach It affects about 85 percent of economic activity.”
He added, “The delay in approving the budget means withholding part of the important expenditures in the Iraqi economy, especially good projects, appointments, programs and commitments,” pointing out that “the budget is a big thing, and any delay will affect opportunities for progress and growth.”
And Saleh called, to “accelerate the budget legislation in the coming days, because the country is today, in the fifth chapter without a budget, and this does not indicate correctness in the course of the economy,” stressing that “accelerating the budget legislation is a strategic and important issue in the progress of Iraq.”
nrttv.com
