Finance Minister: One of the priorities of the white paper is the reform of financial management systems

Wednesday 18 August 2021 14:37
 
Baghdad / NINA / - Minister of Finance Ali Abdul-Amir Allawi set, today, Wednesday, the priorities of the white paper, stressing the importance of raising the indicators of non-oil revenues.

And the Ministry of Finance said in a statement that the National Iraqi News Agency / NINA / received a copy of it: “The minister chaired the eighteenth session of the committee for preparing the federal general budget strategy for the state for the medium term 2022-2024, in the presence of the head of the General Authority for Monitoring Federal Ministries’ allocations, the Undersecretary, the Prime Minister’s advisor and advisor The ministry and a number of general managers in the ministry and related ministries.

During the meeting, Allawi discussed the proposed amendments to the side of oil and non-oil revenues, and the follow-up to the ministerial performance steps aimed at raising and maximizing the indicators of non-oil revenues against oil revenues in a way that reduces the deficit gap in future budget projects and stays at safe spending levels.

The Minister of Finance stressed: "One of the priorities of the white paper is the reform of financial management systems."

The session also discussed the economic report submitted by the economic department in the ministry on the principles of the budget strategy for the years 2022-2024, which includes reform visions represented in the adoption of supporting elements to revitalize the economic reality./End of 7

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