13 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Finance Minister Urges Independent Laws for Budget Items
The article focused on the Iraqi Minister of Finance, fouad sari, calling for the enactment of independent laws for items of a permanent nature in the general budget to ensure their continued implementation and prevent government institutions' work from being affected by delays in approving the budget. He explained that some items, such as borrowing and leave allowances, automatically cease when the budget approval is delayed, which negatively impacts the workflow. The minister emphasized that regulating these items through independent laws helps maintain financial stability and facilitates the continuity of government operations, especially amid current regional challenges, such as the halt of oil exports through southern ports. His ministry is also continuing to prepare the upcoming budget draft, taking into account priorities and financial impacts, and employing two approaches to improve expenditure efficiency and enhance financial resource management.
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