Deputy Prime Minister for Economic Affairs and Minister of Finance chairs the meeting of the State Budget Strategy for 2019

by **claud39** Mon May 06, 2019 8:54 am

Monday, 6 May 2019

[rtl]The Deputy Prime Minister and Minister of Finance, Mr. Fouad Hussein, chaired the meeting of the general budget strategy for the year 2019. During the meeting, which was attended by a number of advisers in the advisers and the Undersecretary of the Ministry of Finance and Directors General and heads of financial departments in the ministries and representatives of the Kurdistan Region; discuss the economic and financial issues of the general budget and operational and ongoing expenses Budget revenues, oil prices and mechanisms to avoid any budget deficits [/rtl]

[rtl]The participation of the Kurdistan Region in the preparation of the budget has also been taken into consideration[/rtl]

[rtl]Where the audience put forward multiple views in order to avoid any deficit received by the budget as well as seeking to increase revenues and reduce expenses, on the other hand, the issue of addressing the liquidity shortage that led to borrowing during the previous budgets. It was agreed to form specialized committees to determine the budget policy taking into account the maximization of imports And reduce the over-expenditures to eliminate the fiscal deficit in some ministries [/rtl]

[rtl]The meeting was also attended by the Directors General of the Ministry of Finance and its departments.[/rtl]

[rtl]http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=668
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