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

Join Us for Dinar Discussions and More

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

Enter your email address:

Parliamentary Finance: The deficit in the 2021 budget exceeds 44% DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

DINAR INFORMATION LINKS

PARTNER SITES

Parliamentary Finance: The deficit in the 2021 budget exceeds 44%

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

Go down

Parliamentary Finance: The deficit in the 2021 budget exceeds 44% Empty Parliamentary Finance: The deficit in the 2021 budget exceeds 44%

Post by claud39 Sun Jan 10, 2021 9:03 am

Parliamentary Finance: The deficit in the 2021 budget exceeds 44%




01/10/2021



Parliamentary Finance: The deficit in the 2021 budget exceeds 44% 18477




Economy News - Baghdad



The Parliamentary Finance Committee announced that the fiscal deficit in the 2021 budget bill exceeds 44% of the total budget.

The head of the Parliamentary Finance Committee, Haitham al-Jubouri, said during the parliament session that was followed by "Al-Iqtisad News", that "the committee has reservations about the large deficit in the 2021 draft budget because it violates the Financial Management Law."

He added that the deficit in the draft budget amounts to 71.5 trillion dinars, which constitutes more than 44% of the total budget, explaining that addressing this deficit is from internal borrowing and thus increases the burden of the state treasury.

He pointed out that there is a large gap in government spending during the current year budget, compared to 2019 and 2020.

The parliament began yesterday, Saturday, to read the draft budget for the year 2021, amid reservations by some political blocs on the mechanism of formulating it.





claud39
claud39
VIP NewsHound
VIP NewsHound

Posts : 18396
Join date : 2018-11-04

View user profile

Back to top Go down

Back to top

- Similar topics

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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