Economist: The total budget amount may reach 160 trillion dinars
Economist: The total budget amount may reach 160 trillion dinars
2-17-2023
Information / Baghdad…
The economist, Mustafa Akram Hantoush, explained that the total budget amount may reach 160 trillion dinars, pointing out that the operational side of salaries has risen to about 105 trillion, in addition to that there are tendencies to build new cities.
Hantoush told Al-Maalouma, “Al-Sudani is working on preparing a budget that does not exceed 150-160 trillion in its spending, operational and investment aspects, which put him in front of a great challenge.”
He added, “The budget must take continuous and lagging investment projects and absorb the increase in salaries. It is expected that salaries will reach 105 trillion, after it was 91 trillion allocated to the operational side.”
And that “the investment side, after it was 27 trillion, but expectations indicate that it will reach 50 trillion dinars, with the implementation of the Prime Minister’s plan for housing and real estate projects and building new cities, and therefore the total budget amount may reach 160 trillion dinars.”
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