Finance discusses the budget strategy for the years 2022-2024

Sunday 29 August 2021 15:31
 
Baghdad / NINA / - The Ministry of Finance discussed the budget strategy for the years 2022-2024.

And the Finance stated in a statement that the National Iraqi News Agency / NINA / received a copy of it: "The Minister Ali Abdul-Amir Allawi chaired, today, the twentieth session meeting of the committee for preparing the strategy of the federal general budget for the medium term 2022-2024, in the presence of both the Prime Minister's advisors and my undersecretaries. Finance and Planning, Adviser to the Ministry of Finance, Head of the General Authority for Monitoring Federal Ministries’ Allocations, Head of the General Pension Agency, and a number of related general managers.”

The meeting discussed a number of basic topics, including setting expenditure ceilings by the Ministry of Finance within the framework of the Maronites of the year 2022, in addition to discussing the issue of public debt, determining loan ceilings, including ongoing loans, and following them up.

The meeting also witnessed the completion of the study of the mechanism for applying the proposed budget model and discussing ways to prepare and implement the federal budget for the next year according to the determinants of the current economic reality and in line with the reform orientation adopted by the Iraqi government aimed at preparing a qualitative budget that depends in essence on performance and productive programs to be followed.

In another context, the session discussed the allocations of the General Pension Agency within the next year's budget and emphasized the support of the pension fund to ensure the provision of the best pension services to a wide segment of Iraqi society.

Allawi stressed the importance of initiating the preparation and implementation of the draft budget in accordance with the prepared strategic plans that support the reform paths that are in the interest of the national economy and giving priority to strategic projects that are implemented through development loans./ End 7

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