Posted, 2017/9/13 23:16
[Ayna-Baghdad]
Revealed economic adviser to Prime Minister Haider Abadi, the size of the federal budget for 2018.
"The budget is estimated at 100 to 110 trillion dinars, and will be presented for discussion in the Cabinet for discussion and approval in the month of October next in accordance with the Financial Management Law," Mohammed Saleh said in a press statement.
He said that "the House of Representatives discusses the budget inNovember and December of this year," pointing out that "oil is still the largest supplier of the budget."
The Prime Minister Haider Abadi, the first Sunday on Sunday advanced staff at the Ministry of Finance to conduct a careful review of the proposal for the federal budget for the year 2018.
Abadi stressed during his meeting with the advanced cadre in the Ministry of Finance to discuss the budget of 2018 and achieve further reduction of the operating expenses of the three presidencies and ministries and non-linked to the Ministry of minimum levels to ensure the insurance of basic expenses, primarily salaries and wages for all employees in the state, pensions, salaries and wages other, as well as providing social protection and the ration card salaries, and maintenance requirements of security, defense and medicine. " He
also stressed the need to secure international and national obligations in the repayment of loans and benefits entitlements, and continue to secure payment of bonds cosmetic S contractors.
The face of the Abadi to work on increasing non - oil revenues through the activation of various activities and increase productivity, and the emphasis on the revitalization of the private sector to enable it to perform the desired role in improving economic performance and raise its contribution to the national gross domestic product. "
alliraqnews.com
