A parliamentary move to reduce the fiscal deficit in the budget to 40 trillion dinars
A parliamentary move to reduce the fiscal deficit in the budget to 40 trillion dinars
5-7-2023
Information / Diyala..
Representative Salem Al-Anbaki revealed, on Sunday, the existence of a parliamentary movement to reduce the financial deficit in the 2023 budget to 40 trillion dinars.
Al-Anbuge said in an interview with Al-Maalouma, that “the fiscal deficit in the 2023 budget reaches 64 trillion dinars, which is a large and worrisome number for all political blocs in the House of Representatives, and represents a challenge to all frameworks, which prompted action to reduce it as much as possible to prevent the impact of difficult fluctuations in the economy.” The instability of the global oil market remained.
He added, “The parliamentary movement aims to reduce the deficit to 40 trillion dinars at the present time in order to reduce the financial risks resulting from the existence of a financial deficit that reaches a high percentage in the budget.”
Al-Anbuge indicated, “We believe in the government’s ability to overcome any crisis, and we are working to support any proposals that lead to increasing the effectiveness of the national economy.”
The percentage of fiscal deficit in the 2023 budget is more than 30% and reaches 64 trillion Diyala, which is the highest after 2003.
almaalomah.me
