Representative economy: a difference in the exchange rate of the dollar returned to the government by 12 trillion dinars

Representative economy: a difference in the exchange rate of the dollar returned to the government by 12 trillion dinars

2021-01-18

Representative economy - a difference in the exchange rate of the dollar returned to the government by 12 trillion dinarsA member of the Parliamentary Economic and Investment Committee, Hamid Al-Mousawi, revealed that the difference in the exchange rate of the dollar returned to the government by 12 trillion dinars, pointing out that Parliament is determined to reduce the budget deficit and pressure unnecessary expenditures.

Al-Mousawi said in a press interview, “The Financial Management Law prevents the deficit from exceeding the 3 percent, while the deficit in the current budget has reached 44 percent, so work is being done diligently to come out with a budget that preserves employee benefits and social care and stands in front of the deductions decided by the government.” As well as pressure overhead. ”

He added that “many of the paragraphs in the budget are called black holes, where the government tried to add unnecessary expenditures, and there is serious work to prevent these expenditures and direct them towards eligible categories.”

And that “the government has achieved by raising the exchange rate of the dollar, the amount of 12 trillion dinars, and this difference will be invested to end the financing gap and the deficit in the budget.”

burathanews.com