Fourth – Special
The Parliamentary Finance Committee, on Monday, indicated an increase in internal government debt by 10 trillion, and suggested that the investment budget would be exposed to the deficit.
The member of the committee, Moin Al-Kazhimi, said in an interview with (Fourth), that “the 2024 budget is estimated at 211 trillion in a planning point of view, but what has been implemented by the government and the actual spending until the end of September is only about 90 trillion,” adding: “This depends on the available liquidity in the Ministry of Finance.”
He added that “this estimated planning deficit will not be achieved practically on the ground, but the government will spend its oil revenues of 120 trillion and non-oil revenues of less than 20 trillion, and this actor will be approximately 10 trillion to 150 trillion,” noting that “the 10 trillions are the new debts borrowed by the government from TBl Bank and Rafidain or the sale of bonds” …
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