Parliamentary Finance: The surplus funds of 2023 will be transferred to the 2024 budget

[6ly410]

Parliamentary Finance: The surplus funds of 2023 will be transferred to the 2024 budget

Parliamentary Finance: The surplus funds for 2023 will be transferred to the 2024 budget – Iraq News Network (aliraqnews.com)

Last Updated: 13 January 2024 - 12:24 PM

Baghdad / Iraq News Network - The Parliamentary Finance Committee confirmed on Saturday that the year 2023 did not witness any financial deficit as proven and estimated in the budget law.Committee member Jamal Kojar said, in a press interview, that "the 2023 budget law did not witness any financial deficit, due to the cessation of disbursement of funds for projects in the provinces, by order of the Prime Minister to prevent the exploitation of those funds and projects by advertising elections during the past local elections." It will be transferred to the 2024 budget, and we are waiting for the schedule of disbursements in order to review and vote on it, so far we do not know what the budget will include in terms of projects and disbursements.The total revenues of the Iraqi state until November 2023 amounted to more than 121 trillion dinars, while expenditures amounted to more than 110 trillion dinars, which means a surplus of more than 10 trillion dinars, according to the Iraqi Ministry of Finance

[6ly410]

19 minutes ago, 6ly410 said:

"the 2023 budget law did not witness any financial deficit, due to the cessation of disbursement of funds for projects in the provinces, by order of the Prime Minister to prevent the exploitation of those funds and projects by advertising elections during the past local elections." It will be transferred to the 2024 budget, and we are waiting for the schedule of disbursements in order to review and vote on it, so far we do not know what the budget will include in terms of projects and disbursements

 

[stanleypower]

They’re waiting for something to spend that money

[BETTYBOOP]

Doing exactly as I said they would in another post!

[screwball]

8 hours ago, stanleypower said:

They’re waiting for something to spend that money

🙏🎯⏰