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The government has only 30% of the budget to enter into force
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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The government has only 30% of the budget to enter into force
Tomorrow Press / Baghdad: Finance Committee revealed that the government did not enter into force budget items but only by 30% due to a lack of liquidity, confirming that the 70% will be transferred gradually over the next few days.
MP committee member Haidar al-Mutlaq said that "the government has yet to impose taxes provided for in the federal budget to apply now," pointing out that "the general budget did not enter all its items and materials into force except up to 30% of the ministries and provincial quotas."
He said, "Among the material that did not enter into force, including the provinces of Salahuddin and Nineveh, Anbar, after converting their funds to aid displaced people," stressing that "there are some of the ministries have not turned their money in full and the reason is due to a lack of liquidity."
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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