Planning sets a date for sending the 2021 budget to Parliament
Planning sets a date for sending the 2021 budget to Parliament
2020-11-20
On Friday, the Ministry of Planning announced the completion of the preparation of the 2021 budget, while it promised to send it to the House of Representatives within about a month.
“The ministry has finished preparing the investment component in the 2021 budget, which will be sent to the House of Representatives within about a month after it is approved by the Council of Ministers,” ministry spokesman Abdul Zahra Al-Hindawi said, noting that “the lack of financial revenues for the state will be a major problem in the 2021 budget.” In addition to its investment side, the focus will be on the operational side only, “according to the Iraqi News Agency.
Al-Hindawi added, “If there is a surplus in funds, it will shift to the investment side, as priority will be for ongoing projects that are under implementation and completion rates in which have reached advanced stages,” stressing that “no new projects will be included in the 2021 budget.”
He explained that “we have more than six thousand projects in all governorates and in various fields, and most of them are threatened with suspension due to the lack of financial allocations.”
Pointing out that “the ministry has approached ministries and agencies not associated with a ministry and the governorates to set priorities for these projects, and if the necessary funds are available, priority will be given to specific projects, including projects of a service nature and projects that are under implementation and do not need much money to be completed.”
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