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The Sudanese advisor reveals the reasons for the delay in releasing budget allocations


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POSTED ON03-13-2024 BY SOTALIRAQ

The Sudanese advisor reveals the reasons for the delay in releasing budget allocations

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03-12-2024
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed today, Tuesday, the reasons for not releasing the general budget allocations so far, while confirming that the Ministry of Finance does not intend to delay and there are technical matters that must be completed before the allocations for governorates and ministries are released.

Saleh said in an interview, “One of the reasons for delaying the launch is the experience of the tripartite general budget for the first time,” noting that “we expect to launch an interactive budget given the stability of oil prices in local markets.”

He continued, “The pressure will be on investment spending for the 2024 budget, due to the lack of a surplus from the 2023 budget,” pointing out that “there are many problems and gaps in the files of tax evasion and maximizing non-oil expenditures.”

The Sudanese advisor concluded his speech: “Sustaining strategic projects is one of the goals of the government program that must be continued,” adding that “the Ministry of Finance does not intend to delay, and there are technical matters that must be completed before launching allocations to governorates and ministries.”

The governorates and ministries are awaiting the release of the general budget allocations in order to proceed with the implementation of the government program, amid many problems, most notably the crisis of regional salaries and their resettlement, as well as efforts to add new job grades. Ended 25/day

https://www.sotaliraq.com/2024/03/13/مستشار-السوداني-يكشف-أسباب-تأخر-إطلاق/

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“the Ministry of Finance does not intend to delay the release of budget and there are technical matters that must be completed before the allocations for governorates and ministries are released.”

 

Changing the exchange rate is a technical matter.

 

Go Stronger Dinar.

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11 hours ago, RJG said:

He continued, “The pressure will be on investment spending for the 2024 budget, due to the lack of a surplus from the 2023 budget,”

And here I seem to remember a little while them saying there was a HUGE surplus from the 2023 budget being carried forward? More BS from the country that seems to be full of corrupt BS artists?

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51 minutes ago, NMP2017 said:

And here I seem to remember a little while them saying there was a HUGE surplus from the 2023 budget being carried forward? More BS from the country that seems to be full of corrupt BS artists?

I remember reading that too! 

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They are not telling us the real numbers.

 

2023 end with a BIG Surplus …..Now lack of surplus from 2023 budget 

 

Same thing with chunky money 73 trillion, 84 trillion, 95 trillion 


I bet is the same with the money in circulation and other economic indicators 

 

They can’t tell us the real numbers because we can calculate the real market 

Value of the dinar.

 

Go delete of 000

Go Stronger dinar 

 

 

 

 

 

 

 

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2 hours ago, edbeach said:

So who hs been stealing the money ?

 

That is the Exact question ....................

 

Without an approved budget, the spigot is wide, wide open, the money flows just like the Iraqi oil  ...............

Where is the money, that is the big/huge question ???

There is no budget accountability, it is another angle or another pilfering of the treasury ...............

The GOI can put out all the press releases it wants, hoping to patronize the citizens of Iraq and make them believe that they (the GOI is really working on their behalf) ................

 

Just sayin' ....................

 

Semper Fi :salute:

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