Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Parliamentary source reveals the date of receipt of the budget 2020


yota691
 Share

Recommended Posts

Bassem Antoine: Budget 2020 addresses intractable problems

 
Baghdad
Said the specialist in the private sector in the name of Jamil Antoine that the budget of 2019 routine as the previous budgets, describing them as balancing items and not balancing curricula.
Antoine said in an interview with "Sabah" that "according to the ministerial curriculum set by the Prime Minister, the budget year 2020 will be different and there will be a special philosophy of the budget and aims to address intractable matters that the private sector has a major role in them.
Private sector and the budget of 2019
Antoine expressed the hope that "the industrial, agricultural and productive sectors will play an effective role in achieving self-sufficiency and food security. When wealth is in the hands of the private sector and invests, its productivity is greater."
He pointed out that "the budget, under the current situation, has become guiding even if it is issued by law, but we hope that there will be a commitment in the implementation of the five-year plan and to establish a social market economy in harmony with the five-year plan with both the budget and ministerial platform set by Prime Minister Adel Abdul Mahdi ".
He said that "this trend would produce something new coordinated between the private sector and the government sector to integrate in more than 50 thousand industrial projects in the private sector is stalled and need support and investors," noting that "the government sector has 250 projects in the Ministry of Industry need to support, infrastructure and financing with soft loans. "
Antoine called for "the activation of customs tariff laws and the law of protection of the national product and the law of consumer protection and the law of prevention of dumping commodity and competitiveness, with the enactment of new laws that attract Iraqi capital migrating to create good investment opportunities, and thus start domestic production takes its role.
He stressed that "the need to review many of the laws, legislation, regulations and instructions, which amounted to more than 27 thousand laws and regulations and legislation that need to be pruned to adopt a private sector is real and intact remains connected to land and Iraq." 
 
Solutions and proposals
On the solutions between Antoine the importance of "the existence of economic information to educate the citizen on the importance of the private sector and the budget and its importance, in addition to the existence of real legislation complementary to the development of the productive sector, as well as support the private sector and the allocation of land to build industrial cities integrated services, and provide small and medium loans directed to the youth, 150,000 young people a year in colleges and institutes are dreaming of finding jobs. "
"It is necessary to have equal employment opportunities between the public and private sectors after guaranteeing their functional and pension rights and the level of wages, as well as reducing red tape and bureaucracy by activating the e-government system to stimulate them to produce and provide a good industry."
 
The Constitution and the private sector
Antoine stressed that "the Iraqi constitution referred in Article 25 to the development of the private sector, stressing that the sector did not touch anything of implementation, and that there are organs in some departments of the State stand a stumbling block to the growth of the private sector, which led to the migration of the Iraqi private sector to Iraq Abroad, and the withdrawal of large funds that were earmarked for investment in the country.
He added: "The country has lost human capital from the skilled technical workers and the big industrialists and traders who were considering the homeland before their pockets." He pointed out that "the decline of the role of the private sector is one of the reasons for public sector inflation and depletion of the budget on salaries that were originally allocations to the sector 
The private".
"The public sector has not been able to contribute to the production process and was paralyzed by the adoption of the operating budget on oil sales only and affected by world prices," he said. "Despite the increase in revenues and the existence of development plans, but the production and industry of the private sector declined due to the invasion of poor consumer goods, Iraq out of the competitive market and industrial areas have become deserted. "
"This is the role of identifying imports and not keeping them at random, with the need to reconsider what the country can do and the need for imports to cover the local industry demand, which calls for the rapid development of a platform to adjust the balance of trade for the benefit of Iraq's economy."
  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

  • 3 weeks later...

129629.jpg?width=750&&height=375

 
2019/03/30 11:59
  • Number of readings 31
  • Section: Iraq
  •  

France is ready to help Iraq to reform the tax system

The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein announced on Saturday, March 30, 2019, the start of work on the preparation of the draft general budget law for the next year, while the French ambassador in Iraq Bruner Ober expressed his country's readiness to help Iraq in the reform of the tax system to make it compatible For the most advanced systems in the world. 

"The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein received the French Ambassador to Iraq Bruner Aubir. During the meeting, they discussed the bilateral relations between Iraq and France and means of developing and strengthening them in the interest of the two countries," the minister's office said in a statement. 
"The French ambassador pointed out that France is ready to contribute to the efforts to restore stability and provide humanitarian services and rehabilitation of the education sector and universities, especially in the areas that were destroyed after being occupied by terrorist organizations, especially the city of Mosul."

He added that he had discussed and exchanged views on the governmental program, especially with regard to the economic aspect of it, and the law of the state budget, pointing out that Opier drew "France's readiness to help Iraq by sending experts in the reform of the tax system to make it compatible with the developed systems in the world As well as long-term financial planning. " 

The statement quoted Minister of Finance Fuad Hussein as saying that "work has already begun to prepare a draft law of the state budget for the coming year and to follow a new strategy in preparation and attention to important strategic projects and provide the necessary allocations to them according to timetables may extend for years and depending on the nature of the project."

Follow the obelisk

http://almasalah.com/ar/news/167584/فرنسا-تبدي-استعدادها-لمساعدة-العراق-لاصلاح-النظام-الضريبي

 
  • Upvote 2
Link to comment
Share on other sites

 
Saturday 30 March
 
 
Search Bigger
 
 
 

Alsumaria News / Baghdad, Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein on Saturday, the start of work to prepare a draft state budget law for next year, while the French ambassador showed Iraq Brunner Hubert his country 's readiness to help Iraq in the field of reforming the tax system to bring it in line with the regulations developed in the world. 

"The Deputy Prime Minister for Economic Affairs, Minister of Finance Fuad Hussein, received the French Ambassador to Iraq Bruner Obert, and during the meeting discussed the bilateral relations between Iraq and France and ways to develop and strengthen them for the benefit of the two countries," the Minister of Finance said in a statement, .

 


"The French ambassador pointed out that France is ready to contribute to the efforts to restore stability and provide humanitarian services and rehabilitation of the education sector and universities, especially in the areas that were destroyed after being occupied by terrorist organizations, especially the city of Mosul ." 

He added that he had discussed and exchanged views on the governmental program, especially with regard to the economic aspect of it, and the law of the state budget, pointing out that Opier drew "France's readiness to help Iraq by sending experts in the reform of the tax system to make it compatible with the developed systems in the world As well as long-term financial planning. "

The statement quoted Minister of Finance Fuad Hussein as saying that "work has already begun to prepare a draft law of the state budget for the coming year and to follow a new strategy in preparation and attention to important strategic projects and provide the necessary allocations to them according to timetables may extend for years and depending on the nature of the project."

  • Thanks 1
  • Upvote 4
Link to comment
Share on other sites

  • yota691 changed the title to France is ready to help Iraq to reform the tax system
129629.jpg.0a80c7c427b02963a31712f1bf2f4fd5.jpg
 
2019/03/30 11:59
 

France is ready to help Iraq to reform the tax system

 

http://almasalah.com/ar/news/167584/فرنسا-تبدي-استعدادها-لمساعدة-العراق-لاصلاح-النظام-الضريبي

 

The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein announced on Saturday, March 30, 2019, the start of work on the preparation of the draft general budget law for the next year, while the French ambassador in Iraq Bruner Ober expressed his country's readiness to help Iraq in the reform of the tax system to make it compatible For the most advanced systems in the world.

"The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein received the French Ambassador to Iraq Bruner Aubir. During the meeting, they discussed the bilateral relations between Iraq and France and means of developing and strengthening them in the interest of the two countries," the minister's office said in a statement.
"The French ambassador pointed out that France is ready to contribute to the efforts to restore stability and provide humanitarian services and rehabilitation of the education sector and universities, especially in the areas that were destroyed after being occupied by terrorist organizations, especially the city of Mosul."

He added that he had discussed and exchanged views on the governmental program, especially with regard to the economic aspect of it, and the law of the state budget, pointing out that Opier drew "France's readiness to help Iraq by sending experts in the reform of the tax system to make it compatible with the developed systems in the world As well as long-term financial planning. "

The statement quoted Minister of Finance Fuad Hussein as saying that "work has already begun to prepare a draft law of the state budget for the coming year and to follow a new strategy in preparation and attention to important strategic projects and provide the necessary allocations to them according to timetables may extend for years and depending on the nature of the project

  • Thanks 2
  • Upvote 3
Link to comment
Share on other sites

Socialists & Taxes . . . they're just not going to be happy until the entire global population is grabbing their ankles.

 

Former UK Prime Minister Maggie Thatcher once stated ( very cynically I will add ) “The problem with socialism is that you eventually run out of other people's money.”

 

No doubt Iraq needs tax restructure.

  • Upvote 3
Link to comment
Share on other sites

  • yota691 changed the title to Finance starts with 2020 budget numbers

Finance starts with 2020 budget numbers

Saturday 30 March 2019 41

Finance starts with 2020 budget numbers

 
Baghdad / Al-Sabah
Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein on Saturday, began work on the preparation of the draft general budget law for the next year, while the French ambassador in Iraq, Bruner Ober, his country's readiness to help Iraq in the reform of the tax system to make it compatible with the world's sophisticated systems.
 
"The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein received the French Ambassador to Iraq Bruner Aubir. During the meeting, they discussed bilateral relations between Iraq and France and means of enhancing them in the interests of the two countries," the minister said in a statement. .
The statement added that "the French ambassador pointed out that France is ready to contribute to the efforts to restore stability and provide humanitarian services and rehabilitation of the education sector and universities, especially in the areas that were destroyed after the occupation by the terrorist organizations, especially the city of Mosul."
 
He added that he had discussed and exchanged views on the governmental program, especially with regard to the economic aspect of it, and the law of the state budget, pointing out that Opier drew "France's readiness to help Iraq by sending experts in the reform of the tax system to make it compatible with the developed systems in the world As well as long-term financial planning. "
 
The statement quoted Minister of Finance Fuad Hussein as saying that "work has already begun to prepare a draft law of the state budget for the coming year and to follow a new strategy in preparation and attention to important strategic projects and provide the necessary allocations to them according to timetables may extend for years and depending on the nature of the project."
  • Like 1
  • Upvote 2
Link to comment
Share on other sites

  • yota691 changed the title to Minister of Finance: The government started early in preparing for the 2020 budget
 
14391.jpg
 
  

 money and business


Economy News - Baghdad

Finance Minister Fouad Hussein said on Wednesday that the government had begun early in preparing for the general budget law for 2020.

"The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein in London, British Minister of International Trade Graham Stewart, the two sides reviewed the economic and trade relations between Iraq and Britain and discussed the best ways to enhance trade exchange," the Information Office of the Minister of Finance said in a statement. And develop the role of the private sector in this context. "

The Office added that "the Deputy Prime Minister gave a brief explanation of the State Budget Law for 2019 and the government plans to promote economic activity through the government program," noting that "the government began early in the preparation of the law of the General Budget for the year 2020 through the meeting directly each Representatives of ministries, bodies and governorates to find out their actual needs. "

Fuad Hussein said that he held several meetings with Iraqi and international institutions to develop the working environment, investment and trade and discuss issues of entry, reform of the tax and customs system and the development of banking and other work to facilitate the work of companies and the private sector of Iraq and foreign.

"Britain is an important partner for Iraq and we are interested in increasing the balance of trade between the two countries," he said.

For his part, Stewart stressed the "readiness of his country to cooperate fully with the Iraqi government to develop the working environment and exchange of experiences and increase the volume of trade exchange and urged British companies to benefit from the investment offer in Iraq."


Views 10   Date Added 10/04/2019

 
  • Thanks 1
  • Upvote 4
Link to comment
Share on other sites

  • yota691 changed the title to Fouad Hussein heads the first meeting to prepare the general budget strategy for the year 2020-2022
1111.png
 

The Deputy Prime Minister for Economic Affairs, Minister of Finance Fuad Hussein, chaired an expanded meeting of the Special Committee to prepare the general budget strategy for the year 2020-2022, 
which was attended by the Chairman of the Parliamentary Finance Committee MP Haitham Al-Jubouri and a number of members of the Finance Committee and advisers in the Council of Counselors and Undersecretary of the Minister of Finance .

The office of the Deputy Prime Minister said in a statement: During the meeting, the oil revenues, the price of a barrel of crude oil, the quantity of planned production, the oil and non-oil revenues of the region, were discussed as well as the development plan and the initial framework of the government program. 
He added: that the audience put forward multiple views in order to provide a budget vision of the future in the coming years to prepare a precise budget and determine the documents that can be applied.

He continued: that the emphasis was placed on some things that fall within the budget, including how to economic reform and financial and monetary management in the administration of the state and encourage the private sector.

He pointed out that it was discussed encouraging the investment law and national investment projects in the field of oil, agriculture, industry, tourism and transport in addition to foreign investment and included in future budgets and the proposal to allocate funds to create investment opportunities for the provinces.

A number of general managers in the Ministry of Finance and other ministries and representatives of the Kurdistan region attended the meeting.

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

  • yota691 changed the title to Minister of Finance chairs the fourth meeting to prepare the strategy of the State Budget 2020 2022
Thursday, 23 May 2019 06:22 PM

Fouad Hussein

 

 




The Deputy Prime Minister for Economic Affairs and Minister of FinanceFouad Hussein held an expanded meeting of the Special Committee on the preparation of the State Budget Strategy for the years 2020-2022. 

 The Information Office of the Minister of Finance said that during the meeting, which was attended by a number of members of the Finance Committee in the House of Representatives and Adviser to the Prime Minister for Finance and Economic Advisor in the House of Counselors and agents of the Ministries of Finance and Planning and Health to complete the discussion of the main pillars in the preparation of the general budget for the years 2020-2022, The projects that have been disbursed to the Ministry of Electricity and Labor have been entrusted with the development of this important sector through the contribution of the investment companies in its development and mechanisms of collection for the payment of electric energy with interest in alternative energy environment.

He added that "was also discussed the strategy of the Ministry of Commerce for the coming years and programs and plans of the Ministry of food security and discuss the shift from the ration card in kind to cash with attention to poor segments and benefit from the database of social protection network.
  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

  • yota691 changed the title to Government meeting discusses the pillars of the general budget for the years 2020-2022

Government meeting discusses the pillars of the general budget for the years 2020-2022

 
Baghdad / Al-Sabah
The Deputy Prime Minister for Economic Affairs and Minister of Finance Fouad Hussein, on Thursday, an expanded meeting of the Special Committee to prepare the strategy of the state budget for the years 2020-2022.
"The meeting was attended by a number of members of the Finance Committee of the House of Representatives, the Adviser to the Prime Minister for Finance and the Economic Advisor in the House of Counselors, and the Undersecretaries of the Ministries of Finance, Planning and Health, the completion of the discussion of the main pillars in the preparation of the budget General for the years 2020-2022, including the determination of the cost of projects that have been disbursed to the Ministry of Electricity, and work on the development of this important sector through the contribution of investment companies in the development of the development, and mechanisms for the collection of wages of electricity, with interest in alternative energy friendly environment ».
The statement added that «the meeting was discussed the strategy of the Ministry of Commerce for the coming years and the programs and plans of the Ministry to address food security and discuss the shift from ration card in kind to cash with attention to poor segments and benefit from the database of social protection network».
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

  • yota691 changed the title to Finance discusses the preparation of the budget of 3 years and revealed the most prominent interlocutors
Date of release: 2019/5/26 21:13 • 164 times read
Finance discusses the preparation of the budget of 3 years and revealed the most prominent interlocutors
{Baghdad: Al Furat News} Discussed the Ministry of Finance, the preparation of the strategy of the State Budget for the year 2020-2022.
"The Deputy Prime Minister for Economic Affairs and Minister of Finance Fouad Hussein chaired an expanded meeting of the Special Committee on the preparation of the State Budget Strategy 2020-2020," a ministry statement said. 
He added that "During the meeting, which was attended by a number of members of the Finance Committee and the President of the National Investment Commission and members of the advisers to discuss the future economic visions of the Investment Authority, which included several axes, most notably maximizing resources for the restoration of infrastructure and encourage the private sector to take its role in investment and saving Solutions to address the problems of finance and infrastructure and call for the establishment of national companies and the development of productive sectors such as oil and gas, agriculture, industry, telecommunications and tourism.
"The meeting also discussed how to protect the investment environment from corruption and the need to develop the banking sector and restructuring banks and encourage partnership with foreign banks." 
He pointed out that "the issue of the role of the agricultural sector in future budgets has been discussed by focusing on raising the contribution of the agricultural sector and food industries, encouraging agricultural investment and restructuring the companies belonging to the agricultural sector." 
"The attendance of the general managers of the Ministry of Finance and other ministries and governorates", the statement said
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

 
BAGHDAD /
 

The Minister of Finance discussed on Sunday the preparation of the strategy of the state budget for the year 2020-2022. 

"The Deputy Prime Minister for Economic Affairs, Minister of Finance Fuad Hussein, chaired an expanded meeting of the Special Committee on the preparation of the State Budget Strategy 2020 - 2022 ".


He added that "During the meeting, which was attended by a number of members of the Finance Committee and the President of the National Investment Commission and members of the advisers to discuss the future economic visions of the Investment Authority, which included several axes, most notably maximizing resources for the restoration of infrastructure and encourage the private sector to take its role in investment and saving Solutions to address the problems of finance and infrastructure and call for the establishment of national companies and the development of productive sectors such as oil and gas, agriculture, industry, telecommunications and tourism. 

"The meeting also discussed how to protect the investment environment from corruption and the need to develop the banking sector and restructuring banks and encourage partnership with foreign banks."

He pointed out that "the issue of the role of the agricultural sector in future budgets has been discussed by focusing on raising the contribution of the agricultural sector and food industries, encouraging agricultural investment and restructuring the companies belonging to the agricultural sector." 

"The attendance of the general directors of the Ministry of Finance and other ministries and governorates", the statement said.

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

Just now, yota691 said:

Finance discusses the preparation of the budget of 3 years and revealed the most prominent interlocutors

Prepping for a 3 year budget..Hmmm sounds like Iraq is prepping to pay all the bill that they will be responsible for once they move into Chapter 8 I believe...

  • Like 4
  • Thanks 4
  • Upvote 4
Link to comment
Share on other sites

Minister of Finance chairs the fifth meeting to prepare the strategy of the general budget for the year 2020-2022

 
Baghdad - conscious
The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein discussed on Sunday the provision of solutions to address the problems of financing and infrastructure and call for the establishment of national companies and the development of productive sectors.
In a statement received by the Iraqi News Agency (INA), the Deputy Prime Minister for Economic Affairs, Minister of Finance Fuad Hussein, chaired a meeting with a number of members of the Finance Committee of the Iraqi Council of Representatives, Chairman of the National Investment Commission and members of the Advisory Board to discuss the future economic visions of the Investment Authority To restore infrastructure and encourage the private sector to take its role in investment. "
"The meeting discussed how to protect the investment environment from corruption, the need to develop the banking sector, restructure banks and encourage partnership with them," he said. Foreign banks ".
On the other hand discussed the Special Committee, according to the statement on the role of the agricultural sector in future budgets, and by focusing on raising the contribution of the agricultural sector and food industries and encourage investment and agricultural restructuring of companies belonging to the agricultural sector.
  • Thanks 2
  • Upvote 4
Link to comment
Share on other sites

On 3/31/2019 at 2:01 AM, 6ly410 said:
129629.jpg.0a80c7c427b02963a31712f1bf2f4fd5.jpg
 
2019/03/30 11:59
 

France is ready to help Iraq to reform the tax system

 

http://almasalah.com/ar/news/167584/فرنسا-تبدي-استعدادها-لمساعدة-العراق-لاصلاح-النظام-الضريبي

 

The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein announced on Saturday, March 30, 2019, the start of work on the preparation of the draft general budget law for the next year, while the French ambassador in Iraq Bruner Ober expressed his country's readiness to help Iraq in the reform of the tax system to make it compatible For the most advanced systems in the world.

"The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein received the French Ambassador to Iraq Bruner Aubir. During the meeting, they discussed the bilateral relations between Iraq and France and means of developing and strengthening them in the interest of the two countries," the minister's office said in a statement.
"The French ambassador pointed out that France is ready to contribute to the efforts to restore stability and provide humanitarian services and rehabilitation of the education sector and universities, especially in the areas that were destroyed after being occupied by terrorist organizations, especially the city of Mosul."

He added that he had discussed and exchanged views on the governmental program, especially with regard to the economic aspect of it, and the law of the state budget, pointing out that Opier drew "France's readiness to help Iraq by sending experts in the reform of the tax system to make it compatible with the developed systems in the world As well as long-term financial planning. "

The statement quoted Minister of Finance Fuad Hussein as saying that "work has already begun to prepare a draft law of the state budget for the coming year and to follow a new strategy in preparation and attention to important strategic projects and provide the necessary allocations to them according to timetables may extend for years and depending on the nature of the project

I can tell this is first since 2004 they have talked about reforming the taxation system

  • Upvote 3
Link to comment
Share on other sites

On 5/26/2019 at 8:55 AM, yota691 said:

Prepping for a 3 year budget..Hmmm sounds like Iraq is prepping to pay all the bill that they will be responsible for once they move into Chapter 8 I believe...

Agree my friend yota.

looks Like they know they will have a surplus of money starting in 2020

The full report of the last IMF-SBA third review is coming out in July, hoping Iraq get move into art 8.

 

Go RV sooner than later 

Go $1:1

  • Upvote 7
Link to comment
Share on other sites

Baghdad Post Friday, 31 May 2019 12:05 PM

 

Parliamentary finance in the activation of the tax system and make it another source of budget

Parliamentary Finance Committee

 

The Finance Committee of the House of Representatives announced its intention to amend and introduce a tax system that enhances the revenues of the public budget and reduces dependence on oil. 

The Committee's Rapporteur Ahmed Al-Saffar said in a press statement: "The Committee seeks to activate the tax system in the country and make it another source of financing the state budget in addition to oil, after the decline of this system a lot and has become a contribution to support the state few and many problems," noting: About making changes with Iraq's current need for money and not rely entirely on oil in funding the budget. "

He added: "The tax system suffers from problems in the administrative side, including the process of access to the real taxpayers and the collection of tax, assessment, estimation, collection, follow-up and tax calculations, in addition to the structure of taxation and management rely on old methods," explaining: "The Committee believes that the Updating this system so as to be an electronic system, and the removal of collectors and the ongoing search for the taxpayer through the payment of those taxes through electronic cards to prevent corruption and manipulation in this subject, and keep pace with the tax administration of developments and use in the Aq. "

 

V.a

https://www.thebaghdadpost.com/ar/Story/168486/المالية-النيابية-بصدد-تفعيل-النظام-الضريبي-وجعله-مصدرا-آخر-للموازنة

  • Thanks 3
  • Upvote 3
Link to comment
Share on other sites

  • yota691 changed the title to Parliamentary Finance: We seek a "different" budget in 2020

Parliamentary Finance: We seek a "different" budget in 2020

 
Baghdad / Shaima Rashid
The Parliamentary Finance Committee confirmed its efforts with the Ministries of Finance and Planning to prepare the budget of 2020 differently from the previous budgets, so that the budget programs and planning according to the performance of each ministry.
A member of the Finance Committee Jamal Koger said in a statement to the «morning»: «The ministries of finance and planning are busy in the development of the budget strategy and the future 2020 and arranged, that is to be different from the previous budgets that were dependent on the numbers and there are no programs for any paragraph of the paragraphs and there is no Which is a government program, that is, the ministries were without programs to determine the amounts you need ».
He added that «a group of deputies with the Ministry of Finance planning in the next budget to reach an improvement in the performance of ministries, that is to turn the ministry from a consumer to a ministry with its resources and projects», adding that «the idea of budget planning and programs is to ask each ministry budget and must be budget Classified as projects and programs. 
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

Parliamentary Finance reveals the preparation of budget 2020 differently .. What do you include?

Political | 01:21 - 01/06/2019

 
image
 
 

BAGHDAD - 
The parliamentary finance committee on Saturday confirmed its efforts with the ministries of finance and planning to prepare a budget of 2020 different from the previous budgets, so that the budget programs and planning according to the performance of each ministry, while pointing to the attempt to turn ministries from consumer to productive. 
A member of the Finance Committee, Jamal Koger, in a statement to the newspaper Al-Sabah official, and seen by the "Mawazin News /" The ministries of finance and planning are busy in the development of the next budget strategy 2020 and arrange, that is to be different from previous budgets that were dependent on numbers and there is no Have programs for any paragraph and there is no government program has, that is, the ministries were without programs to determine the amounts you need.
He added, "a group of deputies with the Ministry of Finance are planning in the next budget to reach an improvement in the performance of ministries, that is to turn the ministry from a consumer to a ministry has its resources and projects," noting that "the idea of budget planning and programs is to ask each ministry budget and must be Its budget is classified in the form of projects and programs, and here when the disbursement of inputs must be given outputs of the goals achieved and projects and development of the ministry. 
He stressed that "this system will work in the budget next year if the competent authorities can finish in time, although the experts have other views need the country to 6 years until the budget is reached performance and programs and improve the performance of the government and achieve a result in fact." 6 n

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

  • yota691 changed the title to Parliamentary Finance: The budget of 2020 is completely different from all budgets since 2003
  
%D9%85%D8%A7%D8%AC%D8%AF%D8%A9-%D8%A7%D9

Information / Baghdad ..

The Finance Committee of the parliamentary, on Thursday, that the budget 2020 will include a lot of tables completely different from all budgets since 2003, noting that the adoption of the Financial Management Law has become a control tool on the public budget.

"The Finance Committee asked the Ministry of Planning to send special reports on the amount of domestic production, as well as inflation and government imports," MP Majida al-Tamimi told Al-Maaloumah.

Al-Tamimi added that "the requirement also includes the attached schedules of military and civilian retirees in addition to other categories as well as internal and external indebtedness, taxes and customs and border crossings and revenues of state property," stressing that "the budget 2020 will be a control budget enhanced the final accounts from 2012 to 2018."

"The committee will host the Minister of Finance and Planning every six months within the Finance Committee to follow up the government program." Ending / 25

  • Thanks 1
  • Upvote 7
Link to comment
Share on other sites

4 hours ago, yota691 said:

the budget 2020 will include a lot of tables completely different from all budgets since 2003, noting that the adoption of the Financial Management Law has become a control tool on the public budget.

 

On 5/9/2019 at 7:18 PM, yota691 said:

that the emphasis was placed on some things that fall within the budget, including how to economic reform and financial and monetary management in the administration of the state and encourage the private sector.

Since they are also talking about monetary management ( which includes money supply), 

I really hope, these changes (and I quote again) "will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country"

  • Thanks 3
  • Upvote 9
Link to comment
Share on other sites

  • Markinsa changed the title to Parliamentary source reveals the date of receipt of the budget 2020
  • Markinsa locked this topic
Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.