Home
[You must be registered and logged in to see this link.]
Al-Kazemi's advisor: Iraq will witness a new pattern of financial discipline of expenditures
political Yesterday, 12:18
Baghdad - conscious - Nassar al-Hajj
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq will witness another type of financial discipline in expenditures in order to achieve development.
Saleh said, in a statement to the Iraqi News Agency (INA), that "the general budget is not austere in its investment aspect related to accelerating growth and economic prosperity and reducing unemployment," noting that
"the funding will be ideally directed towards this aspect, as well as financing the productive private sector and motivating A market economy with investment trends that engage the work and maximize the added value in the national economy.
He explained that "the budget will remain more disciplined in operational spending, and
work will be done to achieve the principles of the Financial Management Law in the issue of the sovereign fund that leads to the generation of national savings that support the budget in the future and national income, including surpluses that exceed the sustainability of current operating expenses, instead of expanding them and squandering resources in trends Consumerism squanders the country's national wealth."
And he added, "Iraq will witness another type of financial discipline in expenditures in order to achieve maximizing employment and development."
The financial advisor stressed, "It is preferable that the general budget be approved, at least in such circumstances, before the first half of the year, in order to achieve the ideal time range for the exhaustion of the planned programs and projects during the fiscal year."
He added that "time is subject to investment, and wasting it represents a waste of life and progress opportunities, accompanied by the payment of humanitarian and strategic costs that are difficult to recover."
Al-Kazemi's advisor: Iraq will witness a new pattern of financial discipline of expenditures
political Yesterday, 12:18
Baghdad - conscious - Nassar al-Hajj
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq will witness another type of financial discipline in expenditures in order to achieve development.
Saleh said, in a statement to the Iraqi News Agency (INA), that "the general budget is not austere in its investment aspect related to accelerating growth and economic prosperity and reducing unemployment," noting that
"the funding will be ideally directed towards this aspect, as well as financing the productive private sector and motivating A market economy with investment trends that engage the work and maximize the added value in the national economy.
He explained that "the budget will remain more disciplined in operational spending, and
work will be done to achieve the principles of the Financial Management Law in the issue of the sovereign fund that leads to the generation of national savings that support the budget in the future and national income, including surpluses that exceed the sustainability of current operating expenses, instead of expanding them and squandering resources in trends Consumerism squanders the country's national wealth."
And he added, "Iraq will witness another type of financial discipline in expenditures in order to achieve maximizing employment and development."
The financial advisor stressed, "It is preferable that the general budget be approved, at least in such circumstances, before the first half of the year, in order to achieve the ideal time range for the exhaustion of the planned programs and projects during the fiscal year."
He added that "time is subject to investment, and wasting it represents a waste of life and progress opportunities, accompanied by the payment of humanitarian and strategic costs that are difficult to recover."
