A member of the parliamentary economy talks about what the 2020 budget will look like

A member of the parliamentary economy talks about what the 2020 budget will look like


08/15/2019






Baghdad Today - Baghdad Member of the Parliamentary Committee on Economy and Investment, Ali Saadoun al-Lami, .revealed on Thursday (August 15, 2019), the shape of the budget law 2020

 Al-Lami, in an interview with (Baghdad today), that "the budget of 2020, must be an extension of the budget in 2021, in order to rise on the right bases," noting that "the Commission will work to achieve this principle in the second legislative year of the House of ".Representatives


He added that "the 2020 budget will be to plan projects in accordance with strategic plans for five years," noting that "the Committee is working seriously to vote on the budget in ".accordance with the legal terms

 The Finance Committee in the House of Representatives, revealed Wednesday 17 July 2019, ,the details of the budget of the Iraqi state, for the year 2020

 The committee's decision Ahmed al-Saffar, told "Baghdad today," that "the 2020 budget, will be completely different from the current budget, it is more investment than operational, ".unlike the budget of 2019, which preceded 

Al-Saffar added that "we will work to allocate a special budget for the citizen, in which financial allocations to certain segments and classes of the Iraqi people, such as social ".welfare and the unemployed, and others 

He continued that "oil prices in the budget of 2020, will change, and this depends on the ".global market, there may be an increase or decrease of the price 

The source in the parliamentary Finance Committee, has announced that the Committee agreed with the Ministry of Finance to receive the draft budget 2020 in September, indicating that the budget will make a qualitative leap in the Iraqi economy through drastic changes in .public expenditure and investment and service funds 

The source added that "the 2020 budget will be controlled by the final accounts and will include tables on internal and external indebtedness, taxes, customs, border ports and ".revenues of state property

 He pointed out that "a specialized team working on the draft budget for 2020, under the supervision of Prime Minister Adel Abdul-Mahdi and will include two oil prices fixed and ".mobile



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