Wednesday, May 29, 2024

Parliamentary Finance announces the necessity of maintaining the economic foundations in the budget, 29 MAY

  Parliamentary Finance announces the necessity of maintaining the economic foundations in the budget

The Finance Committee, headed by Engineer Atwan Al-Atwani, held its fifth meeting dedicated to discussing the general budget schedules for the year 2024.

The Chairman of the Committee stressed the necessity of conducting a comprehensive review, reconsidering the components of the budget, and studying the schedules in detail in order to find a clear vision, in addition to the importance of considering the entitlements of governorate projects compared to project allocations. Ministries, noting that the current financial allocations end at the end of the fiscal year.

The members stressed the importance of supporting the government in implementing its program aimed at providing services in all regions, taking into account supporting the governorates in strategic and infrastructure projects. 

The committee discussed the possibility of making the necessary transfers and their impact on the sectors in a productive manner, while drawing a clear vision in accordance with the requirements of the public interest and reducing the deficit by rationalizing spending and supporting important sectors such as education and health, while paying attention to supporting the private sector.

It was emphasized that the economic foundations in the budget must be maintained, the philosophy of maximizing imports and enhancing exports, building decisions according to a clear vision while taking into account their positive repercussions, and emphasizing the completion of government projects that contribute to serving the citizen.

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