Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

 Planning reveals a major problem that the state will face in the 2021 budget and when it will be sent DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Planning reveals a major problem that the state will face in the 2021 budget and when it will be sent

Go down

 Planning reveals a major problem that the state will face in the 2021 budget and when it will be sent Empty Planning reveals a major problem that the state will face in the 2021 budget and when it will be sent

Post by claud39 on Fri Nov 20, 2020 11:23 am

 Planning reveals a major problem that the state will face in the 2021 budget and when it will be sent




11/20/2020



 Planning reveals a major problem that the state will face in the 2021 budget and when it will be sent 24428





Economy News _ Baghdad



On Friday, the Ministry of Planning announced the completion of the preparation of the 2021 budget, while it promised to send it to the House of Representatives within about a month, revealing a big problem that the state will face with this budget, represented by little financial revenues.

"The ministry has finished preparing the investment component in the 2021 budget that will be sent to the House of Representatives within about a month after it is approved by the Council of Ministers," said the ministry's spokesman, Abdul Zahra Al-Hindawi, in a press statement, noting that "the lack of financial revenues for the state will be a problem." "The 2021 budget has a large investment aspect, and therefore the focus will be on the operational side only."

"If there is a surplus in funds, it will shift to the investment side, as priority will be for ongoing projects that are under implementation and completion rates in which have reached advanced stages," Al-Hindawi said, stressing that "no new projects are included in the 2021 budget."

He explained that "we have more than six thousand projects in all governorates and in various fields, and most of them are threatened with suspension due to the lack of financial allocations." Among them are projects of a service nature and projects that are under implementation and do not require much money to be completed.





claud39
claud39
VIP NewsHound
VIP NewsHound

Posts : 16562
Join date : 2018-11-04

View user profile

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum